Follow CGSP on Social Media

Listen to the CGSP Podcast

Two Opposing Views of the Controversial New $2.8 Billion Chinese-financed AKK Pipeline in Nigeria

by Eric Olander

Nigerian President Muhammadu Buhari launched production last week of a vast, new multibillion-dollar natural gas pipeline that will cross almost the entire country.

The 614-kilometer Ajaokuta-Kaduna-Kano (AKK) pipeline is one of Nigeria’s largest infrastructure projects to date and will be almost entirely financed by China. Together, the Bank of China and the state-owned insurance company Sinosure will cover 85% of the $2.8 billion budget. Chinese contractors will also be involved in part of the construction.

Lead the Conversation on China

Subscribe Today to Get Full Access to The China-Global South Project

Check Out Everything You'll Get With Your Subscription

The China-Global South Daily Brief delivered to your inbox at 6AM Washington time

Full access to exclusive news and analysis from editors based in the Global South

Transcripts of CGSP’s twice-weekly podcasts

Students and teachers with a valid .edu email address are eligible for a 50% discount off monthly or yearly subscriptions. Email us to receive a discount code.

You Might Like

Nigeria to Finance Major Pipeline After Chinese Funding Falls Through

The Nigerian government will pick up the tab to build the last portion of the 614-kilometer AKK natural gas pipeline that China had originally agreed to finance. In 2017, the Bank of China negotiated ...

Economist: It Doesn’t Matter If Nigeria Looks to China or Europe For Infrastructure Loans, It Still Won’t Solve the Underlying Problem

Last week’s acknowledgment by Nigeria’s Transportation Minister Rotimi Amaechi that China will no longer finance the country’s large-scale railway projects has prompted a lively debate over how Abuja should fund its ...

Nigeria’s Debt is Growing, but China’s Share is Shrinking: Debt Management Office

Nigeria’s total public debt stood at $94.7 billion in 2021, up from $78.9 billion the previous year. Patience Oniha, the head of the country’s Debt Management Office (DMO) briefed journalists last Thursday in Abuja. ...

What is The China-Global South Project?

Independent

The China-Global South Project is passionately independent, non-partisan and does not advocate for any country, company or culture.

News

A carefully curated selection of the day’s most important China-Global South stories. Updated 24 hours a day by human editors. No bots, no algorithms.

Analysis

Diverse, often unconventional insights from scholars, analysts, journalists and a variety of stakeholders in the China-Global South discourse.

Networking

A unique professional network of China-Africa scholars, analysts, journalists and other practioners from around the world.