FG secures $4bn Chinese investment in oil sector lKachikwu: $70bn investment pledges on the way
Anule Emmanuel Abuja
T
he Federal Government has secured in-
vestment worth $4 billion from 40 Chinese businessmen in the oil sector. The Chinese investors are expected in Nigeria
next month. Minister of State for Petroleum Resources, Dr. Ibe
Kachukwu, who disclosed this yesterday after the Federal Executive Coun-
cil (FEC) meeting at the presidential villa, said this was a fallout from the July roadshow in China where Nigeria signed a $75.6 bil-
N330bn sanction forces MTN to Eurobond market }37
lion Memorandum of Understanding (MoU) in investment in the oil sector. Kachikwu explained that the MOU signed during the roadshow generCONTINUED ON PAGE 4
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