loan Archives | Page 8 of 8

Ameachi: China’s $1.5bn loan ready — but we need national assembly approval to borrow

Rotimi Amaechi, the minister of transportation, has urged the national assembly to approve the federal government’s borrowing plan so as to begin the construction of rail projects in the country. The minister

Rejection of Buhari’s loan not personal, says Saraki

Senate President Bukola Saraki says the senate’s rejection of President Muhammadu Buhari’s foreign loan request is not personal. In October, the president wrote to the senate seeking approval for the

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Saraki: I went to pray at Aso Rock, not to discuss loan rejection

Senate President Bukola Saraki has appealed to Nigerians not to read political meanings into President Muhammadu Buhari’s request to borrow $30bn from external sources. Speaking with state house correspondents after Jumat

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Repaying $30bn loan won’t be difficult, says FG

The debt management office (DMO), which is under the finance ministry, says Nigeria will easily repay the loan of $29.9 billion in 30 years if it succeeds in getting it.

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Adeosun: No need for IMF loan… We have no balance of payment problem

Kemi Adeosun, minister of finance, has revealed why Nigeria is insisting on not taking the International Monetary Fund (IMF) loan,

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Nigeria close to securing $4bn loan from China, says Kachikwu

Emmanuel Kachikwu, minister of state for petroleum resources, says Nigeria is expecting a loan facility of close to $4 billion from China. Speaking with

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