Minister justifies waiving Sovereignty for $400m China ICT loan
Minister of Transportation, Mr. Rotimi Amaechi, has justified waiving of Nigeria’s sovereignty for the $400 million China loan for the Nigeria National Information and Communications Technology (ICT) Infrastructure Backbone Phase…
We borrow from China because Nigerian banks can’t fund rail project – Amaechi
The Minister of Transportation, Rotimi Amaechi, said Nigerian banks cannot finance the huge sums required to build a modern rail service hence they have to look to China for financing….