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Tag Archives: Loan

September, 2020

August, 2020

  • 31 August

    Reject Unrealistic Loan Requests, Atiku Urges Lawan

    Former vice president Atiku Abubakar has urged the National Assembly to deny the approval of loan requests for what he described as “projects that are not viable”. Atiku made the plea in a letter addressed to Ahmed Lawan, the Senate President, and received by the latter’s office on 25 August. …

  • 18 August

    Moghalu Points Out ‘Deeper Issues’ In Nigeria-China Loan Contract

    Moghalu

    Prof. Kingsley Moghalu, a former deputy governor of the Central Bank of Nigeria, has described as sensation the fuss over Nigeria’s sovereignty in its infrastructure loan contract with China. He however pointed out ‘deeper’ and ‘wider’ issues that call for worry. He did this in a series of tweets on …

  • 3 August

    Loan: Buhari, APC Must Apologise To Nigerians, Says Atiku

    Insecurity: Govt Must Protect All Nigerians, Not Only Prominent Individuals - Atiku

    Atiku Abubakar, a former vice president, has said President Muhammadu Buhari and the All Progressives Congress (APC) must apologise to Nigerians over what he described as reckless borrowing by the administration. Atiku said this in a statement issued on Sunday in reaction to recent revelations concerning loans collected from China …

  • 2 August

    Nigeria Can Pay Back Chinese Loans In 20 Years – Minister

    Rotimi Amaechi, Minister of Transportation, has said the Nigerian government has the capability to pay back loans collected for the construction of rail projects within the stipulated period of 20 years. Read Also: 2023: No APC Member Has Right To Challenge Tinubu – Babachir Lawal Amaechi, in a statement on Saturday, …

  • 1 August

    Loan: We Won’t Let FG Give Any Part Of Yoruba Land To China – Afenifere

    Yinka Odumakin

    Afenifere, pan-Yoruba sociopolitical group, has said it will not watch while the Federal Government cedes any part of Yoruba land to its creditors, China. Read Also: ‘He Doesn’t Share His Problems With Me’ The group was reacting to reports that the Federal Government had signed a loan agreement with the Asian …

June, 2020

May, 2020

  • 13 May

    Reps To Review Loan Agreements Between Nigeria, China

    Reps Urge Buhari To Reverse Order Revoking Licensed Guns

    The House of Representatives has resolved to set up an investigation committee to look into all extant China/Nigeria loan agreements since 2000. With a view to ascertaining their viability, regularising and renegotiating them. This was sequel to a unanimous adoption of a motion by Rep, Ben Igbakpa (PDP-Delta) at the …

  • 6 May

    IMF Disburses $3.4bn Emergency Support To Nigeria

    The International Monetary Fund (IMF) has disbursed the $3.4 billion emergency support to Nigeria. Read Also: COVID-19: Plane Carrying Evacuated Nigerians From Dubai Makes U-turn The money, according to the Federal Government, will be used to address challenges arising from the impact of the COVID-19 pandemic on the economy. ‎The Federal …

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