The Nigerian National Petroleum Corporation (NNPC) and a Chinese consortium have met in Dubai, United Arab Emirate, to work towards finalising the term sheet for financing of the 614 kilometres (km)Ajaokuta-Kaduna-Kano (AKK) pipeline project. A statement from NNPC’s Group General Manager, Public Affairs, Mr. Ndu Ughamadu, on Wednesday in Abuja stated that the corporation’s Group Managing Director, Dr. Maikanti Baru, met with the consortium comprising the Bank of China and Sinosure on this. Ughamadu, explained that Baru, had to cut short his holy pilgrimage trip to Saudi Arabia to attend the Dubai meeting with the Chinese consortium. According to Ughamadu, Baru, reiterated the need for both parties to ensure speedy conclusion on the details of the agreement towards its full execution which would happen when President Muhammadu Buhari, visits China next month. He said Buhari was scheduled to attend the Forum of China-Africa Cooperation (FOCAC) Summit holding […]