China Plans $40bn Investments In Nigeria’s Oil Pipeline

The Chinese Foreign Affairs Minister, Mr Wang Yi, has disclosed that his government is planning to invest another $40billion on Nigeria’s oil pipeline. The minister stated this yesterday at a bilateral meeting with his Nigerian counterpart, Geoffrey Onyeama in Abuja.Yi said the proposed investment was in addition to the already-financed $22 billion projects and the $23 billion ongoing via IFTTT