Nigerian government is planning to borrow another $3billion from China to fund infrastructural projects.
The Minister of Transportation, Mr. Rotimi Amaechi, revealed this at a time when there are controversies trailing the Federal Government’s planned securement of $500million loan from China.
Amaechi, speaking on Channels Television’s Politics Today on Tuesday, said the country might lose a chance of taking another $3billion loan
He said the Nigerian government planned to use the loan in executing the rail from Port Harcourt to Maiduguri.
The transport minister said:
The reason why I said that is because we have already applied for $5.3billion to execute the rail from Ibadan to Kano.
We are about applying for about $3billion to execute the rail from Port Harcourt to Maiduguri.
He added that the lawmakers approved the loans that have generated many controversies.
Amaechi wondered why the same lawmakers who approved the loan are now questioning the same loan.
He said the lawmakers look at the terms of the loan before.
He said:
Don’t forget the National Assembly approved that loan.
It is unconstitutional and impeachable if you take a loan without the approval of the National Assembly.
So the same National Assembly that approve the loan is now questioning the same loan and the terms of the loan having looked at it before.
If I am the lender, I will be worried. If they get worried, they will say ‘No, we will not approve the remaining loans you have applied for
Donate to support Freshreporters=>https://freshreporters.com/support
Join our Telegram Channel=>https://t.me/freshreporters
Like our Facebook Page=> https://facebook.com/freshreporters
Join our WhatsApp Group=> http://bit.ly/3sAh4zf
Follow Us on Twitter=>https://twitter.com/freshreporters
Join Our FACEBOOK GROUP=> https://bit.ly/3ilsqm1
Follow Us on Instagram=>https://instagram.com/freshreporters
Subscribe to our YouTube Channel=> https://bit.ly/3bLfnJj
DISCLAIMER
For publication of your news content, articles, videos or any other news worthy materials, please send a mail to thefreshrepo [email protected]
For Advert and other info, you can send a WhatsApp Message to +2347050565443
Join thousands of readers to receive daily Latest News:
• Subscribe to our YouTube Channel
PROMO SALES!!! Get cheap WRISTWATCH, SHADES & BRACELET collections😘💃

Wonderful beat ! I would like to apprentice while you amend your web site, how could i subscribe for a blog site?
The account helped me a acceptable deal. I had been a little bit acquainted of this your broadcast provided bright clear idea
Excellent article. Keep posting such kind of info on your site.
Im really impressed by it.
Hi there, You have performed a great job. I’ll
certainly digg it and in my opinion recommend to my friends.
I am confident they’ll be benefited from this site.
Appreciate the recommendation. Will try it out.
I have read so many articles or reviews on the topic of the bloggger lovers bbut this post is genuinely a good pice of writing, kep
it up.
Nice post. I was checking constantly this blog and I am impressed!
Very helpful info specifically the last part 🙂 I care for such info much.
I was seeking this certain info for a long time.
Thank you and good luck.
Hello, i think that i saw you visited my website so
i came to “return the favor”.I’m trying to find things to improve my website!I suppose its
ook to use somke of your ideas!!
You eed to take part in a contest for one of the most useful sites on tthe internet.
I’m going to recommend this web site!
Hey There. I discovered your weblog the use of msn. This is a very smartly
written article. I will make sure to bookmark it and come back to learn more of your helpful info.
Thanks for the post. I’ll certainly comeback.
I would like to thnkx for the efforts you have put in writing this blog. I’m hoping the same high-grade blog post from you in the upcoming also. Actually your creative writing abilities has encouraged me to get my own web site now. Actually the blogging is spreading its wings quickly. Your write up is a good example of it.
Good day very cool web site!! Guy .. Excellent .. Superb .. I’ll bookmark your web site and take the feeds additionallyKI am happy to seek out numerous useful info right here within the put up, we’d like develop extra strategies in this regard, thank you for sharing. . . . . .
Aw, this was a really nice post. Finding the time and actual effort to make a superb article?but what can I say?I procrastinate a lot and never manage to get anything done.
Peculiar article, exactly what I was looking for.
Pretty nice post. I simply stumbled upon your weblog and wished to mention that I have truly loved browsing your weblog posts.
After all I will be subscribing to your feed and I
am hoping you write again soon!
This post is good. Thanks for sharing