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Tag "Chinese loan"

Court orders FG to account for $460m Chinese loan spent on failed Abuja CCTV project

    Court orders FG to account for $460m Chinese loan spent on failed Abuja CCTV project

A federal high court in Abuja has ordered the President Muhammadu Buhari-led administration to account for the spending of a $460 million Chinese loan to fund the “failed” Abuja closed-circuit

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‘It is false’ — DMO denies reports on defaulting on China loan repayment

    ‘It is false’ — DMO denies reports on defaulting on China loan repayment

The Debt Management Office (DMO) has debunked claims that Nigeria defaulted in loan repayment to China. In a statement on Wednesday, the DMO said it was quoted by a media

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‘Selfish lawmakers put Nigeria in jeopardy’ — Amaechi speaks on delayed China loan approval

    ‘Selfish lawmakers put Nigeria in jeopardy’ — Amaechi speaks on delayed China loan approval

Rotimi Amaechi, minister of transportation, says the “selfishness” of some lawmakers, which resulted in a probe and generated publicity on the details of a 2018 Chinese loan agreement, has negatively

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