Nigerian Governors and Wike Pressured to Reveal Chinese Loan Information
Sunday, 25 August 2024, 03:16
Nigerian Governors and Wike Pressured to Reveal Chinese Loan Information
The Socio-Economic Rights and Accountability Project, SERAP, has urged Nigeriau2019s 36 state governors and the Minister of the Federal Capital Territory, Abuja, Nyesom Wike, to disclose crucial details pertaining to any Chinese loans, liabilities, and external borrowing.
Details Required by SERAP
- Terms and conditions for any borrowing.
- Repayment obligations of Chinese loans.
- Interest rates associated with these loans.
- Any defaults and debt restructurings.
SERAP also seeks clarification on investment agreements with Chinese companies and the repayment histories for any loans guaranteed by the Federal Government.
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.