Tag: Rotimi Amaechi
Related Posts
Nigeria Gives Up on Chinese Lenders to Finance Two Railway Projects, Talks With Standard Chartered Now Underway
The slowdown in Chinese infrastructure development lending in Africa is on vivid display in Nigeria, where the country's Transportation Minister acknowledged that he's no longer counting on Beijing to finance a pair of multi-billion railway projects, according to a Bloomberg report. ...
Nigerian Minister Blames “Selfish Lawmakers” for Jeopardizing Chinese Railway Loans
Nigeria's outspoken Transportation Minister Rotimi Amaechi accused lawmakers in the House of Representatives of being "selfish" for launching a probe into a 2018 Chinese loan agreement. Representatives erroneously thought that the waiver of a sovereign immunity clause in the loan contract ...
Tempers Flare in Nigerian House Hearing on Chinese Loans
Three weeks of steadily building tensions over Chinese loans to Nigeria erupted in a House committee hearing on Monday. Transportation Minister Rotimi Amaechi and the Chairman of the House Committee on Treaties, Protocols, and Agreements, Nicholas Ossai, confronted one another in a series of ...
Nigeria’s Transport Minister Says What Others Won’t: Who Else is Going to Lend Us Money for Infrastructure?
Nigeria's embattled Transportation Minister Rotimi Amaechi appeared on national TV again on Tuesday to try and clear up the rumors and misinformation surrounding a $500 million Chinese loan, which includes a "sovereign immunity" clause. That clause, now commonly ...