NewsPeople

Lai Mohammed Gives Reasons China Stopped Giving Loans To Nigeria a

Lai Mohammed Gives Reasons China Stopped Giving Loans To Nigeria.

Reasons why the Chinese government desisted from giving Nigeria loans facility has been disclosed by the Minister of Information and Culture, Lai Mohammed.

The Minister, while speaking with DailyTrust on Monday, February 21, stated that the Chinese government stop giving the Federal government loans because of repeated reports that the Nigeria will soon go bankrupt.

Read Also >>> UK to fund £10m energy projects in Nigeria

”When we started, we found the Chinese government more willing and their terms were much more acceptable and the speed with which the loans were completed and the speed with which we started working.

Unfortunately, along the line, I can remember the Minister of Transportation complaining that the entire world takes its cue from what Nigerians say about their government. The issue of reports that the government will soon go bankrupt, I think made them stop. Yes, we’re not getting the loans again as we would have wanted.” he said

You May Also Like >>> Old generation should step down – Obasanjo to Nigerians

Onyeweaku Wisdom Ibe Bekee

Onyeweaku Wisdom Ibe Bekee is the CEO/Funder of 260vibes Global >> https://260vibes.com, he is a Pro blogger, an Artist, Songwriter, Rapper, Music Promoter, Music Digital Marketer, Content Editor, Digital currency exchanger, Web guru, Etc. We can make your content go viral on the internet for just a Token, be it Music | Mixtape | Video | Articles | Products | Press release | Comedy skits | and Etc. Call or WhatsApp us on +2347010096998. Email: [email protected] Or [email protected]