Speaking on the loan issue, Amaechi disclosed that the sum of $500 million was the loan component borrowed from China while the balance of $349 million is the counterpart funding from Nigeria. Nobody is stopping you from your investigation and no government from outside Nigeria can stop you from doing it. Then you summoned us back to the House to ask why we are constructing Lagos-Kano and we are not constructing Port Harcourt-Maiduguri. The La-Reps uncover clauses ceding Nigeria’s sovereignty to China Lagos-Ibadan (rail line), we have not finished disbursement. It is not the intention of this committee to stop any project that is ongoing.

Source: Nigerian Tribune July 29, 2020 06:33 UTC