Ogun justifies demand for $350m World Bank loan
By Sola AJIBIKE (Abeokuta) NIGERIA: OGUN State government has justified reasons why it is asking for $350 million (N127 billion) loan from the World Bank. The government of Senator Ibikunle Amosun stated that if the state is granted the loan, it would be used, among others, to boost the state’s agricultural, educational and industrial […]
My visits to Aso Rock not on Buhari’s $29.9bn loan, says Saraki
NIGERIA: SENATE President, Dr. Abubakar Bukola Saraki, has explained that his recent visits to the Presidential Villa have nothing to do with the request by President Muhammadu Buhari to obtain $29.9 billion foreign loan. Saraki, therefore, counselled politicians and the media to stop peddling empty speculations about the visits. The Senate President explained in […]
Fayose kicks against Buhari’s loan from China
NIGERIA: EKITI State Governor, Mr. Ayodele Fayose, has kicked against the move by President Muhammadu Buhari to obtain a $2 billion loan from China. Fayose told the Chinese government that he was against the loan being granted to Nigeria. The Governor, in a letter dated April 12, 2016, said that “the government of China […]
