|File Photo: Honourable Minister of Transportation, Rotimi Amaechi
Minister of Transportation, Mr Rotimi Amaechi said on Monday that the Nigerian
government did not mortgage any property to secure infrastructural loans from
don’t know the arrangement these countries made with China-Exim bank, I do not
think we will have any problems with repaying our loans. The countries that
they are talking about are Kenya, Somalia and Sudan.
said debt default by some countries is affecting Nigeria’s plan to borrow more
believe that we can pay back using our own money. That shouldn’t be any
problem. Our focus should be to run this infrastructure efficiently so we can
pay back and there is no plan for them to manage any of it.” he stated.