Chinese no longer give us money, we’re asking Europe for loans, says Transport Minister, Amaechi
Rt. Hon. Chibuike Amaechi, the Minister of Transportation, has blamed the delays in major projects, including railways, on the inability of the Chinese to fund them. Amaechi said the Federal Government has started looking for loans in Europe following the refusal of the Chinese to fund Nigerian projects. In an interview with Guardian, the minister expressed hope that Nigeria could get loans from Europe to complete existing projects. According to Amaechi: “We are stuck with lots of our projects because we cannot get money. The Chinese are no longer funding. So, we are now pursuing money in Europe. “And when…
