Nigeria:   Chinese Contract Loan Is $1.6bn Not $33bn - Minister

Leadership, 18 August 2020

Minister of Transportation, Rotimi Amaechi, yesterday declared that the federal government only obtained $1.6 billion contract loan from China, as against $33 billion claimed by… Read more »

Nigeria:   $500m Chinese Loans - Reps, Amaechi, Finance Minister At Daggers Drawn Over Sovereignty Clause

Vanguard, 18 August 2020

The House of Representatives members and the Minister of Transportation, Chibuike Ameachi, yesterday engaged in verbal exchanges over the $500 million Chinese loan Nigeria was… Read more »

Nigeria:   Amaechi, Reps Disagree Over Alleged $33bn Loan

Premium Times, 17 August 2020

The House of Representatives Committee on Treaties, Protocols and Agreements and the Federal Ministry of Transport on Monday disagreed over commercial contract figures signed by… Read more »

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

This Day, 17 August 2020

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… Read more »

Nigeria:   Chinese Loans - House Committee Proceeds On Break Following Disagreement Among Members

This Day, 17 August 2020

The House of Representatives Committee on Treaties, Protocols and Agreement, on Monday at the resumed hearing on loan agreements between Nigeria and China abruptly proceeded on a… Read more »

Nigeria:   Messing Up Nigeria With Chinese Loans

This Day, 8 August 2020

In sane climes, when a government signs any loan agreement, the interest of the citizens is prioritised. That has not been the case with loan agreements signed with China by… Read more »

Nigeria:   $5.3bn Chinese Loans - CNPP Asks Amaechi to Step Aside

Leadership, 3 August 2020

The Conference of Nigeria Political Parties (CNPP) has demanded that the Minister of Transportation, Rotimi Amaechi immediately steps aside while the probe of the alleged lethal… Read more »

Nigeria:   No Clause in Loan Contracts Ceding Nigeria's Sovereignty to China - Chinese Foreign Ministry

Vanguard, 4 August 2020

The Chinese Foreign Ministry, CFM, yesterday denied that China had any clause in its loan contracts ceding Nigeria' sovereignty to China. Read more »

Nigeria:   Mortgaging Nigeria's Future and Sovereignty to China

Daily Trust, 4 August 2020

While reacting to allegations of financial irregularities in both the Economic and Financial Crimes Commission (EFCC) and the Niger Delta Development Commission (NDDC), President… Read more »

Nigeria:   Malami - Nigeria Won't Sign Off Its Sovereignty for Any Loan

This Day, 4 August 2020

The Attorney General of the Federation and Minister of Justice, Mr. Abubakar Malami, has allayed concerns over the signing of loan agreements with a clause that waives the… Read more »

Nigeria:   Atiku Asks Buhari, APC to Apologise to Nigerians Over 'Humongous' Loans

Daily Trust, 2 August 2020

Former Vice President, Atiku Abubakar has asked President Muhammadu Buhari and the All Progressives Congress (APC) to apologise to Nigerians for obtaining 'humongous amount of… Read more »

Nigeria:   Govt Will Pay Back China Loan in 20 Years - Minister

Premium Times, 2 August 2020

The Minister of Transportation, Rotimi Amaechi, says the Nigerian government has the capability to pay back loans collected for the construction of rail projects within the… Read more »

Nigeria:   Amaechi Explains Sovereignty Clause in $500m Chinese Railway Loan

Premium Times, 2 August 2020

The Minister of Transportation, Rotimi Amaechi, has explained that the clause 'waiving sovereignty' in the loan agreement between Nigeria and China is only a contract term, a… Read more »

Nigeria:   SERAP Asks Court to Compel Buhari to Publish Loans Taken Since 2015

Premium Times, 2 August 2020

The Socio-Economic Rights and Accountability Project (SERAP) has asked the Federal High Court to order President Muhammadu to publish the details of loans taken by his… Read more »

Nigeria:   Concerns Mount Over Loan Agreement Clause Waiving Sovereignty Immunity

This Day, 3 August 2020

Concerns mounted at the weekend over the rising trend of government officials signing loan agreements with a clause that waives the sovereign immunity of the country if it defaults… Read more »

Nigeria:   Compel Buhari to Publish Loans Obtained Since 2015, SERAP Urges Court

This Day, 3 August 2020

Socio-Economic Rights and Accountability Project (SERAP) has asked the Federal High Court in Abuja to order President Muhammadu Buhari to publish details of loans that have been… Read more »

Nigeria:   Loan - Buhari, APC Owe Nigerians Apology, Says Atiku

This Day, 2 August 2020

Former vice president and the presidential candidate of the Peoples Democratic Party (PDP) in the 2019 general election, Atiku Abubakar, Sunday said that the President Mohammadu… Read more »