Tag Archives: Chinese loans

Nigerian government officials signed empty pages of loan agreement Amaechi defends contentious clause The House of Representatives on Monday faulted the sovereignty clause in Nigeria’s loan agreement with China, saying it was dangerous. The Chairman of the House Committee on Treaties, Protocols and Agreements, Nicholas Ossai, who stated this in Abuja at the investigative hearing  on  external loans and commercial ...

The All Progressives Congress (APC) says the statement issued by the Media Office of former Vice President, Alh. Atiku Abubakar, “on the standard sovereign guarantee and sovereign immunity clause embedded in Nigeria’s loan agreements with China to fund the ongoing national railway projects is unresearched, unintelligent and pedestrian.” In a statement on Monday, the Deputy National Publicity Secretary of the ...