Reps panel member faults Chinese loan probe

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The crisis over the investigation by the House of Representatives of Nigeria’s foreign loans and commercial agreements, especially with China, may not be over soon.

had reported last Wednesday that crisis had hit the committee, with some members not comfortable with how the panel was handling the probe.

He also stated that contrary to the summons to various ministers, only the Minister of Justice and Attorney-General of the Federation, Abubakar Malami ; Minister of Finance, Budget and National Planning, Zainab Ahmed; and the Director-General of the Debt Management Office, Patience Oniha, should have been invited.

He said, “I think the various loans we have taken, be it Chinese, be it IMF, be it World Bank, be it African Development Bank, have passed through this process and presented in the budget estimates laid by Mr President. The lawmaker stated that the probe was creating a negative image for China, noting that the country was providing better loan packages.

 

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