"> Chinese Loans Archives - Sahel Standard
May 11, 2021
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The Chinese Foreign Ministry, on Monday, denied that China had any clause in its loan contracts ceding Nigeria’s sovereignty to China. Last week members of the House of Representatives claimed they had uncovered clauses in a loan obtained by Nigeria from China that conceded Nigeria’s sovereignty to China. But the Minister of Transportation, Rotimi Amaechi, […]Continue Reading
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Press Release …..CHINESE LOANS: NIGERIA IS NOT IN DANGER OF LOSS OF SOVEREIGNTY …SAYS TERMS OF LOANS AGREE WITH INTERNATIONALLY RECOGNIZED STANDARDS… for Amaechi’s patriotism, experience and shrewdness in negotiation loans deals …Reminds Nigerians that President Buhari only activates and implements loan deals initiated by the Jonathan Administration Continue Reading
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The Debt Management Office (DMO) has released the details of the status of loans Nigeria obtained from the Export-Import (EXIM) Bank of China as at March 31, 2020. The projects listed in the document released by DMO are the Nigerian National Public Security Communication system Project, the Nigerian Railway Modernization Project (Idu- Kaduna section) and […]Continue Reading