Reports that Nigeria government will soon go bankrupt, made Chinese government stop giving loans to FG – Lai Mohammed

The Minister of Information and Culture, , says the Chinese government has stopped giving Nigeria loans facility.

Speaking with DailyTrust on Monday, February 21, the minister said reports that the Nigerian government will soon go bankrupt made them stop giving the Federal government loans.

”When we started, we found the Chinese government more willing and their terms were much more acceptable and the speed with which the loans were completed and the speed with which we started working.

Unfortunately, along the line, I can remember the Minister of Transportation complaining that the entire world takes its cue from what Nigerians say about their government. The issue of reports that the government will soon go bankrupt, I think made them stop. Yes, we’re not getting the loans again as we would have wanted.”he said

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