Home News Chinese Loan: If we can’t pay back, china can take over the...

Chinese Loan: If we can’t pay back, china can take over the assets – Rotimi Amaechi

0
blank

Nigeria’s Transportation Minister has during an interview on Chinese Loan says’ china can take over the asset they invested in if Nigeria can’t pay back.

The Minister said this after the House of Reps raised alarm of China taking over Nigeria over unpaid Billion Dollar Loans.

Also Read: Chinese Loan: Every Nigerian owes China N15,000 – Sosoberekon

Speaking to Newsmen in a short video monitored by odince News, Rotimi Amaechi said; “It’s simple, for example the loan to construct from Ibadan to Kano is $5.3 Billion, there is nothing like ceding sovereignty, the agreement is that if you can’t pay back the Loan, whatever they need to take from us, they will take.

The minister added that China can take over the assets constructed with their money not to take over Nigeria.

WATCH VIDEO BELOW;

Download "Odince News App" CLICK HERE

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments