Business

Amaechi Asked To Resign Over Chinese Loan Affecting Nigeria’s Sovereignty

Published

4 years ago

August 1, 2020

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TRACKING ____Business and economy commentator, Dr. Katchi Ononuju, who’s the Director General of Heritage Centre, Abuja, has called on the Minister of Transportation, Rotimi Amaechi to immediately resign.

The call for Amaechi’s resignation comes following the revelation by the House of Reps that Nigeria risks losing sovereignty to China over a clause in the Agreement of a 2018 Chinese loan taken by the Buhari government.

Ononuju made the call on Friday when he appeared on a programme on African Independent Television in Abuja.

The transportation minister had defended the loan, asking the Nigerian parliament to stop the probe into the loans, else, the Chinese government may withdraw the offer.

Dr. Ononuju however accused Amaechi of “perpetrating a fraud” with Chinese loans under the guise of securing funds for Nigeria’s railway projects.

He accused Amaechi of entering into agreement with the Chinese government, writing documents in Chinese language and deliberately withholding the information from Nigeria.

“I have it on good authority that the Chinese authority are targeting the NLNG(Nigeria Liquefied Natural Gas). That’s what they want,” he alleged.

He insisted “Amaechi wants to sell Nigeria to China. For how much? $400m? The same $400m Buhari got back from the Abacha loot?

“My party, the PDP will never allow this to happen. We did business with the Chinese government and we never wrote an agreement to give away our sovereignty.

“This clause was hidden, there were no prints that were actually written in English. It was when we took the papers to interpret that we now discovered that somewhere, somehow, the government signed off Nigeria to give our sovereignty to China.

“The Chinese government are planning to take over our NLNG, that is what it is. They will not touch our military, or diplomatic assets but the NLNG,” he alleged.

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Related Topics:Amaechi Asked To Resign Over Chinese Loan Affecting Nigeria's Sovereignty

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