The Minister of Transportation, Rotimi Amaechi, on Wednesday said if the National Assembly was not comfortable with government’s borrowings from China, it should tell where huge infrastructure loans c
ould be accessed.
Amaechi said these at the Idu Train Station on Wednesday as passenger volume at the facility was very low when compared to what obtained before the shutdown of activities three months ago. The transportation minister had appeared before the House Committee on Treaties, Protocols and Agreements on the $500m loan taken on the Abuja-Kaduna and other rail line projects.
He added, “But what the Chinese normally do is that they go after the same asset to recover their money. So what is wrong with that?” “It is part of their responsibility, but for now they will jeopardise the ability of government to raise money if we continue to ask questions that will make China to raise eyebrow and start wondering what is wrong.”
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