{"id":12053,"date":"2017-04-05T14:54:22","date_gmt":"2017-04-05T13:54:22","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=12053"},"modified":"2017-04-05T14:54:22","modified_gmt":"2017-04-05T13:54:22","slug":"agriculture-china-offers-nigeria-4-5bn-credit","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/agriculture-china-offers-nigeria-4-5bn-credit\/","title":{"rendered":"Agriculture: China offers Nigeria $4.5bn credit"},"content":{"rendered":"

The Zamfara State Governor, Alhaji Abdulaziz Yari, on Tuesday said the Chinese government had offered to open a credit line of $4.5bn for Nigeria to improve agriculture in the country. Yari disclosed this to State House correspondents after he and the Minister of Agriculture, Chief Audu Ogbeh, briefed President Muhammadu Buhari on the development at the Presidential Villa, Abuja.<\/p>\n

The governor said following Buhari’s visit to China, Nigerian officials engaged the Chinese government, who showed willingness to support. He said, “They are giving us a credit line of $4.5bn, which will cover the machineries and infrastructure that is rural earth dams, irrigation and the loan has a 20-year repayment term with five years’ moratorium.<\/p>

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Advertisement<\/div>\r\n\t\t\t\t\t\t\t<\/a>\r\n \r\n\t\t\t\t\t\t\t<\/div>\n

“Initially, we started negotiations to drop the counterpart funding of 25 per cent, but understanding the economy of Nigeria, we negotiated to give a counterpart funding of 10 per cent, which we believe Nigeria can do and we are targeting the Natural Resources Fund for the counterpart funding.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Zamfara State Governor, Alhaji Abdulaziz Yari, on Tuesday said the Chinese government had offered to open a credit line of $4.5bn for Nigeria to improve agriculture in the country. Yari disclosed this to State House correspondents after he and the Minister of Agriculture, Chief Audu Ogbeh, briefed President Muhammadu Buhari on the development at …<\/p>\n","protected":false},"author":11,"featured_media":8387,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[17],"tags":[683],"coauthors":[2392,2393],"class_list":["post-12053","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-news","tag-agriculture"],"yoast_head":"\nAgriculture: China offers Nigeria $4.5bn credit - National Wire<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/agriculture-china-offers-nigeria-4-5bn-credit\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Agriculture: China offers Nigeria $4.5bn credit - National Wire\" \/>\n<meta property=\"og:description\" content=\"The Zamfara State Governor, Alhaji Abdulaziz Yari, on Tuesday said the Chinese government had offered to open a credit line of $4.5bn for Nigeria to improve agriculture in the country. Yari disclosed this to State House correspondents after he and the Minister of Agriculture, Chief Audu Ogbeh, briefed President Muhammadu Buhari on the development at …\" \/>\n<meta property=\"og:url\" content=\"https:\/\/nationalwire.com.ng\/sub\/agriculture-china-offers-nigeria-4-5bn-credit\/\" \/>\n<meta property=\"og:site_name\" content=\"National Wire\" \/>\n<meta property=\"article:published_time\" content=\"2017-04-05T13:54:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2016\/09\/images-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"501\" \/>\n\t<meta property=\"og:image:height\" content=\"294\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Dayo Emmanuel\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#website\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/\",\"name\":\"National Wire\",\"description\":\"About Nigerians, Nigerian Business and Other Stories\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/nationalwire.com.ng\/sub\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/agriculture-china-offers-nigeria-4-5bn-credit\/#primaryimage\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2016\/09\/images-1.jpg\",\"contentUrl\":\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2016\/09\/images-1.jpg\",\"width\":501,\"height\":294,\"caption\":\"Minister for Agriculture, Audu Ogbeh\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/agriculture-china-offers-nigeria-4-5bn-credit\/#webpage\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/agriculture-china-offers-nigeria-4-5bn-credit\/\",\"name\":\"Agriculture: China offers Nigeria $4.5bn credit - National Wire\",\"isPartOf\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/agriculture-china-offers-nigeria-4-5bn-credit\/#primaryimage\"},\"datePublished\":\"2017-04-05T13:54:22+00:00\",\"dateModified\":\"2017-04-05T13:54:22+00:00\",\"author\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/806673c5851717dc3067b1a46a6c060f\"},\"breadcrumb\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/agriculture-china-offers-nigeria-4-5bn-credit\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/nationalwire.com.ng\/sub\/agriculture-china-offers-nigeria-4-5bn-credit\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/agriculture-china-offers-nigeria-4-5bn-credit\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/nationalwire.com.ng\/sub\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Agriculture: China offers Nigeria $4.5bn credit\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/806673c5851717dc3067b1a46a6c060f\",\"name\":\"Dayo Emmanuel\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/author\/dayo\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Agriculture: China offers Nigeria $4.5bn credit - National Wire","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/nationalwire.com.ng\/sub\/agriculture-china-offers-nigeria-4-5bn-credit\/","og_locale":"en_US","og_type":"article","og_title":"Agriculture: China offers Nigeria $4.5bn credit - National Wire","og_description":"The Zamfara State Governor, Alhaji Abdulaziz Yari, on Tuesday said the Chinese government had offered to open a credit line of $4.5bn for Nigeria to improve agriculture in the country. 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