Urgent Call by SERAP: Disclose Chinese Loans and Repayment Liabilities

Saturday, 24 August 2024, 17:00

Disclose details of Chinese loans is crucial. SERAP urges governors and Minister Wike to reveal repayment obligations regarding these loans. Increased transparency is vital for accountability.
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Urgent Call by SERAP: Disclose Chinese Loans and Repayment Liabilities

Call for Transparency in Chinese Loans

The Socio-Economic Rights and Accountability Project (SERAP) has issued a strong request to the 36 governors and the Federal Capital Territory Minister, Nyesom Wike, urging them to disclose details of Chinese loans. The organization is specifically seeking comprehensive information about the liabilities and repayment obligations related to these loans, highlighting the need for transparency and accountability in financial management.

Significance of Disclosure

Transparency regarding state debts is essential to ensure proper governance and public trust. Disclosing the financial commitments will also prevent the mismanagement of funds that could impact economic stability.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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