4 5b chinese loan buhari approves for 36 states fct
It appears you're referring to a news article or report about the approval of a loan by President Muhammadu Buhari for 36 states in Nigeria, including the Federal Capital Territory (FCT).
To provide more context and clarify the details, could you please provide more information or specify the source of the article? I'd be happy to help you understand the loan agreement and its implications for the states and the country.
From what I can gather, the loan is reportedly a $4.5 billion loan from the China Exim Bank, which is a state-owned bank in China. The loan is intended to support the development of infrastructure projects in the 36 states and the FCT.
It's essential to note that loan agreements often come with specific conditions and repayment terms, which can have significant implications for the borrowing country. Therefore, it's crucial to carefully review the terms and conditions of the loan to ensure that it aligns with the country's development goals and priorities.
If you have any specific questions or concerns about the loan agreement, feel free to ask, and I'll do my best to provide more information and insights.