Nigeria Tops China’s Belt and Road Projects with $24.6bn Deal
Nigeria's Ogidigben Gas Park in Delta State has clinched a $24.6 billion deal with China, positioning Nigeria as a key player in the Belt and Road Initiative. The report by Christoph Nedopil of Griffith University highlights the surge in Chinese infrastructure investments in Nigeria, with the Ogidigben project being a major driver.
Nigeria's total value of Belt and Road construction contracts is estimated to reach $24.6 billion by 2025, showcasing a significant increase from previous years. This deal underscores Nigeria's strategic importance in China's long-term energy infrastructure plans in Africa.
Plus234Feed summary based on reporting from News Online Nigeria. Read the original report below.
Read full article
Continue on News Online Nigeria
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
Nigeria-China Economic Cooperation Driving Maritime Trade Growth
Nigeria Requires $22 Billion for Gas Pipeline Projects, NNPC Reveals
Nigeria Targets $5.7bn Chinese Investment for Growth
Nigeria Targets Stronger Partnership with China in 2026
NNPC Reveals Nigeria Needs $22 Billion for Gas Pipeline Infrastructure Boost
2026 Budget Allocates Massive Funding to Top Road Projects in Nigeria
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
