APC to PDP: account for $460m CCTV project, $2bn China loan

The ruling All Progressives Congress (APC) has asked the opposition Peoples Democratic Party (PDP) to account for status of the failed $460..

The ruling All Progressives Congress has asked the opposition Peoples Democratic Party to account for status of the failed $460 million Abuja Closed-Circuit Television awarded by the immediate past PDP led administration in August 2010.

The governing party noted: “As the Minister of Transportation, Rotimi Amaechi has explained the guarantee/clause in the loan deals is standard irrespective of the country granting the loan. “Since the agreement became signed, Nigeria has been servicing this loan to China while Nigerians are yet to attest to the visibility of CCTV project and unable to explain the status of the video surveillance project. The matter is subject to a legislative probe.”

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