Nigeria: There Is No $33bn Chinese Loan in My Ministry - Amaechi

17 August 2020

Abuja — The Minister of Transportation, Rotimi Amaechi, has denied obtaining $33 billion Chinese loan as claimed by the House of Representatives, saying his ministry only obtained $1.6 billion contract for Lagos-Ibadan rail project.

Amaechi while appearing before the House Committee on Treaties, Protocols and Agreement at the resumed hearing on loan agreements between Nigeria and China on Monday described the probe as political.

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