Minister Of Transportation Appeals To Reps To Stop Probe Of N500m Chinese Loan

Nigeria News News

Minister Of Transportation Appeals To Reps To Stop Probe Of N500m Chinese Loan
Nigeria Latest News,Nigeria Headlines
  • 📰 channelstv
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

Minister Of Transportation Appeals To Reps To Stop Probe Of N500m Chinese Loan

The Minister Of Transportation, Rotimi Amaechi, has appealed to the National Assembly to halt its probe of the 500 million dollars loan from the Chinese government.

Amaechi made the appeal during an investigative hearing of the House of Representatives Committee on Treaties and Protocols on Wednesday. According to the him, the loan which is meant for the completion of the Federal Government’s rail projects may be truncated by the Chinese government if it suspects that there is a disagreement between the executive and the legislature.

The minister also argued that constant probing of the investigation may suggest that an arm of government does not agree with the loan and may cause the Chinese government to withdraw it.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

channelstv /  🏆 7. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Rail projects: Stop probing $500m loan, Amaechi tells repsRail projects: Stop probing $500m loan, Amaechi tells repsThe House of Representatives Committee on Treaties, Protocols and Agreements, Tuesday grilled the Minister of Transportation, Rotimi Ameachi, over the $500m loan to be sourced from the Export-Impor…
Read more »

National Assembly probe may frustrate rail projects, says AmaechiNational Assembly probe may frustrate rail projects, says AmaechiThe Minister of Transportation, Rotimi Amaechi, says the ongoing probe by the National Assembly into loan agreements being entered into by the Federal Government with China may frustrate various ra...
Read more »

Amaechi raises concern over foreign loans - Daily Post NigeriaAmaechi raises concern over foreign loans - Daily Post NigeriaThe Minister of Transportation, Rotimi Amaechi has observed that the investigation of loans taken by the Federal Government could send the wrong signal to
Read more »

Lawmakers raise the alarm over Chinese loansLawmakers raise the alarm over Chinese loans|p style=
Read more »

Kwankwaso loyalists tackle Ganduje over fresh N299bn Chinese loanKwankwaso loyalists tackle Ganduje over fresh N299bn Chinese loan|p style=
Read more »

NASS Investigation May Frustrate Chinese Loan For Rail Projects -AmaechiNASS Investigation May Frustrate Chinese Loan For Rail Projects -AmaechiMost Influential Newspaper in Nigeria
Read more »



Render Time: 2025-04-02 22:17:18