Reps panel chair silent on Chinese loans’ probe discontinuation - News Summed Up

Reps panel chair silent on Chinese loans’ probe discontinuation


The probe has lasted 14 months without the House Committee on Treaties, Protocols and Agreements, chaired by Mr Nicholas Ossai, turning in a report. Amaechi had said, “We are having a problem with the Ibadan-Kano rail because of the reaction of the committee of the National Assembly. The Chinese are asking how do they know that Nigeria wants to pay back when a committee of the National Assembly is questioning us about the terms of the agreement. “So, Ibadan-Kano rail, I will hang it on the National Assembly. It had also decried that the National Assembly did not have the details of the loans, insisting that subsequent ones must comply with the Fiscal Responsibility Act.


Source: Punch July 05, 2021 05:26 UTC



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