Naija News
By Richard Ogunsile
The Minister of Transportation, Rotimi Amaechi has said he is surprised to see how Nigerians do complain about money borrowed from China for capital projects.
According to the .minister, Nigeria has borrowed only a little money from China when compared with other countries.
Naija News reports that the minister said this during an interview with Guardian.
Amaechi blamed the delays in major projects, including railways, on the inability of the Chinese government to fund them.
He said the government has commenced a search for loan offers in Europe since the Chinese have refused to continue funding Nigerian projects.
Amaechi expressed hope that Nigeria could get loans from Europe to complete existing projects in the country.
He said: “We are stuck with lots of our projects because we cannot get money. The Chinese are no longer funding. So, we are now pursuing money in Europe.
“And when I look at the money they are borrowing in other countries and compare it with the one we have borrowed, the kind of comments by Nigerians will put you off.”
Amaechi said the Abuja-Itakpe railway is underway, which will link the existing Itakpe-Delta rail line.
He said the link rail would have been completed but for misunderstanding with a Chinese contractor.
Naija News recalls that Senate President Ahmad Lawan had recently declared that those who have labelled the ninth National Assembly as a rubber stamp for the executive arm are mischievous and ignorant.
He stated this in a reaction..
