Lai Mohammed Opens Up On Why China Stopped Giving Loans To FG

Lai Mohammed

Lai Mohammed Alhaji Lai Mohammed, the Minister of Information and Culture, has actually opened up on why the Chinese government stopped giving Nigeria loans facility.

Speaking to DailyTrust on Monday, February 21, Mohammed stated duplicated reports declaring the Nigerian federal government will soon declare bankruptcy made the Chinese federal government stop offering the Federal federal government loans.

“When we began, we discovered the Chinese federal government more willing and their terms were much more acceptable and the speed with which the loans were finished and the speed with which we began working.Unfortunately, along the line

, I can keep in mind the Minister of Transportation complaining that the entire world takes its cue from what Nigerians say about their government. The concern of reports that the federal government will quickly go bankrupt, I believe made them stop. Yes, we’re not getting the loans once again as we would have wanted.”he said. ToriNG