President Muhammadu Buhari has urged the MTN Group to make available top-of-the-range service to its Nigerian subscribers and at cheaper rates.

The president made the call when he received in audience members of the board of MTN Group, led by its President and Chief Executive Officer, Ralph Mupita, at the State House, Abuja, on Friday.

 

Buhari said:-

“I congratulate you on your appointment as the Group President of MTN. I wish you all the best.

 

“Nigeria is your most lucrative market in Africa, Asia and the Middle East as well as the source of a third of the income of the entire MTN Group.

 

“As such, we urge you to offer top-of-the-range and affordable services to Nigerians.

 

“As we seek to make broadband widely available and affordable, we urge MTN to continue to support our efforts by expanding high-quality connectivity to Nigerians in un-served and under-served areas.”

 

Indigenous content

The president also called on the group to support the implementation of the National Policy for the Promotion of Indigenous Content in the Nigerian telecommunications sector.

 

“I recently unveiled and launched the National Policy for the Promotion of Indigenous Content in the Nigerian telecommunications sector.

 

“I call on MTN to support the implementation of this policy and, train and engage more Nigerians in your company.

 

“In particular, we will like you to continue to support our efforts by improving the quality of service and enabling a downward price review of the cost of data and other services, in view of your large market in Nigeria.

 

“We also urge you to step up your corporate social responsibility programmes and support research and development that will enhance your services in Nigeria.”

 

Enabling environment

He assured his visitors that his administration was doing everything possible to make Nigeria investor-friendly by addressing identified challenges.

 

“We are implementing a number of policies and programmes to ensure that institutions like MTN have a conducive environment for doing business in Nigeria.

 

“Our massive jump in the Global Ease of Doing Business Ranking is proof that our efforts are yielding results.

 

“We have identified and addressed the key challenges that affected the growth of the digital economy sector.

 

“I am happy to note that the right of way charges have now been pegged at a maximum of N145/linear metre.

 

“I have given directives for the protection of critical national infrastructure and this has addressed the issue of vandalism of such infrastructure.

 

“Service providers should always appreciate the efforts of government and not undermine it,” he said.

 

Buhari expressed delight that the Information and Communications Technology (ICT) sector was doing very well despite the global economic downturn.

 

He noted that the ICT sector was the fastest growing sector in both the fourth quarter of 2020 and the entire year 2020, based on the report by the National Bureau of Statistics.

 

“The sector’s 14.70 per cent double-digit growth rate played a principal role in supporting our country to exit the recession, triggered by COVID-19 pandemic.

 

“The growth rate of the sector exceeded four times the next fastest-growing sector of the fourth quarter of 2020, which had a growth rate of 3.42 per cent. This is truly commendable,” the president said. (NAN)

168 thoughts on “President Buhari Asks MTN To Reduce Data Prices For Nigerians”
  1. Skip to content
    Fri. Jun 18th, 2021 8:27:37 PM
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    GENERAL
    Nigerian Govt Has Repaid $150m Out Of $2bn Chinese Loan – Amaechi

    ByClimaxtrend
    JUN 18, 2021

    Minister of Transportation, Rotimi Amaechi, has claimed that the Federal Government has repaid up to $150m out of the $2bn loan borrowed from China to construct rails.

    Amaechi stated this while answering questions on Channels Television’s ‘Politics Today’ programme on Wednesday.

     

    The minister noted that the President Muhammadu Buhari administration only borrowed for the Kaduna-Abuja and the Lagos-Ibadan railways.

     

    When asked how much of the Chinese loans obtained that the Federal Government has repaid, Amaechi said,

     

    “The right ministry to respond to that question is the Ministry of Finance; they borrow and they repay but I think the last I heard about it, it was between a $100m to $150m repayment that we have done so far in the Kaduna-Abuja.

     

    “Don’t forget that we’ve not borrowed any money yet, the only money we borrowed is in Kaduna-Abuja and Lagos-Ibadan.

     

    “Lagos-Ibadan, what we borrowed is about $1.5bn though it is not matured for repayment, what has matured for repayment is the Kaduna-Abuja which is being repaid.

     

    “Nigerians think we borrow so much but the only projects we have borrowed so far is the Kaduna-Abuja where we borrowed $500m and Lagos-Ibadan where we borrowed $1.5bn. So, that brings the total loan exposure for us in the Ministry of Transport to about $2bn as far as the railway is concerned.”

    108
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    140 thoughts on “Nigerian Govt Has Repaid $150m Out Of $2bn Chinese Loan – Amaechi”
    Felix prince oluwatosin says:
    June 18, 2021 at 8:32 AM
    Really

    REPLY
    Ogbonnaya Michael Otuosorochi says:
    June 18, 2021 at 8:34 AM
    Yeah

    REPLY
    Sunday Ochiba says:
    June 18, 2021 at 9:07 AM
    Ok

    REPLY
    Balogun Monsuru says:
    June 18, 2021 at 9:55 AM
    Ok

    REPLY
    Alih Muhammed says:
    June 18, 2021 at 2:26 PM
    Hm

    REPLY
    Sanwi Destiny says:
    June 18, 2021 at 1:25 PM
    Ok

    REPLY
    Alonge Tosin says:
    June 18, 2021 at 4:15 PM
    Ok oo

    REPLY
    Jeremiah Anonge says:
    June 18, 2021 at 9:11 AM
    Really

    REPLY
    Patrick Oladehin says:
    June 18, 2021 at 9:18 AM
    Wow

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    Obed Michael says:
    June 18, 2021 at 9:28 AM
    Okay

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    Yusuf Namtira says:
    June 18, 2021 at 11:22 AM
    Nicr

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    Salahudeen Malik akorede says:
    June 18, 2021 at 4:09 PM
    Good

    REPLY
    Imaobong Stephen says:
    June 18, 2021 at 12:21 PM
    Borrow borrow government

    REPLY
    Adediran Mubarak says:
    June 18, 2021 at 12:55 PM
    Nice one oooo boo

    REPLY
    Victory john says:
    June 18, 2021 at 1:28 PM
    Really

    REPLY
    Amaechi blessed says:
    June 18, 2021 at 3:12 PM
    Really

    REPLY
    John oyeniyi says:
    June 18, 2021 at 5:14 PM
    Good

    REPLY
    Bernard Yayock Abu says:
    June 18, 2021 at 6:01 PM
    What of the rest

    REPLY
    Christain Chibueze says:
    June 18, 2021 at 6:06 PM
    Wow

    REPLY
    Christain Chibueze says:
    June 18, 2021 at 6:08 PM
    Hmmm

    REPLY
    VERSHIMA EPHRAIM says:
    June 18, 2021 at 6:41 PM
    Hmm

    REPLY
    Dimas Michael says:
    June 18, 2021 at 6:46 PM
    ::;;

    REPLY
    Unyimeabasi Paul says:
    June 18, 2021 at 8:34 AM
    Good to hear that

    REPLY
    Abiona abdulqawiyy oluwatobi says:
    June 18, 2021 at 8:51 AM
    Yes jare

    REPLY
    Dimas Michael says:
    June 18, 2021 at 6:47 PM
    @@@

    REPLY
    Ogbonnaya Michael Otuosorochi says:
    June 18, 2021 at 8:34 AM
    Hmm

    REPLY
    Ogbonnaya Michael Otuosorochi says:
    June 18, 2021 at 8:35 AM
    Na soo

    REPLY
    Adeniran Suliaman says:
    June 18, 2021 at 8:35 AM
    Oti por leti

    REPLY
    Olabode Ayomide says:
    June 18, 2021 at 8:37 AM
    Only 7.5% paid . Another debt loading.

    REPLY
    Olaniyan oluwayomi says:
    June 18, 2021 at 8:41 AM
    OK

    REPLY
    Jonathan Jude says:
    June 18, 2021 at 8:45 AM
    Hmmm

    REPLY
    Abiona abdulqawiyy oluwatobi says:
    June 18, 2021 at 8:51 AM
    That is good to hear that

    REPLY
    Friday Daniel says:
    June 18, 2021 at 8:53 AM
    Nice

    REPLY
    Ikosin Elisha says:
    June 18, 2021 at 5:40 PM
    Wow

    REPLY
    Anietie Jacob says:
    June 18, 2021 at 8:55 AM
    Wonderful ,

    REPLY
    Osasogie Frank says:
    June 18, 2021 at 8:58 AM
    DAT money wetin una use am do

    REPLY
    Adewale Adebayo says:
    June 18, 2021 at 9:21 AM
    whaala dey ooo

    REPLY
    Tanen Samuel says:
    June 18, 2021 at 6:23 PM
    Ok

    REPLY
    Adewale Adebayo says:
    June 18, 2021 at 9:22 AM
    Oga oo no be

    REPLY
    victory Igbinowanhia says:
    June 18, 2021 at 9:31 AM
    God pls help us

    REPLY
    Nazir Yusuf says:
    June 18, 2021 at 9:34 AM
    Okay ooo

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    Nwokpoko Solomon says:
    June 18, 2021 at 9:34 AM
    Hhhhh

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    Aranaka Onoriode says:
    June 18, 2021 at 9:36 AM
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    Hassan Bello says:
    June 18, 2021 at 9:36 AM
    Hi

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    Edidiong archibong says:
    June 18, 2021 at 9:40 AM
    is too early to repay

    REPLY
    Oduyemi Michael Imole says:
    June 18, 2021 at 9:45 AM
    Ok

    REPLY
    muhammed tijani says:
    June 18, 2021 at 10:02 AM
    Really

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    Abodunrin Adegoke says:
    June 18, 2021 at 10:15 AM
    Ok

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    promise promise says:
    June 18, 2021 at 10:17 AM
    A lot is still remaining

    REPLY
    Ahmad shehu Shehu says:
    June 18, 2021 at 10:20 AM
    Really

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    Joel Marvellous says:
    June 18, 2021 at 10:29 AM
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    June 18, 2021 at 10:33 AM
    Zero

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    June 18, 2021 at 10:56 AM
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    Nice

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    Lori iro

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    June 18, 2021 at 11:16 AM
    Good to know

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    Adeyilola Joshua says:
    June 18, 2021 at 11:23 AM
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    Noted

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    June 18, 2021 at 11:42 AM
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    June 18, 2021 at 12:26 PM
    Thanks for the update Climaxtrend

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    June 18, 2021 at 12:47 PM
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    June 18, 2021 at 1:03 PM
    Eziokwu

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    June 18, 2021 at 1:35 PM
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    June 18, 2021 at 1:38 PM
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    June 18, 2021 at 1:44 PM
    Hmmmmmmmmmmmmmmmmmmm

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    Andrew Abegunde says:
    June 18, 2021 at 1:46 PM

    REPLY
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    June 18, 2021 at 1:52 PM
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    June 18, 2021 at 2:10 PM
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    June 18, 2021 at 2:12 PM
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    June 18, 2021 at 2:14 PM
    Good news

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    June 18, 2021 at 2:30 PM
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    June 18, 2021 at 2:17 PM
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    June 18, 2021 at 2:27 PM
    Okayed

    REPLY
    Alih Muhammed says:
    June 18, 2021 at 2:31 PM
    That’s great

    REPLY
    Oki Samuel says:
    June 18, 2021 at 2:48 PM
    of Transportation, Rotimi Amaechi, has claimed that the Federal Government has repaid up to $150m out of the $2bn loan borrowed from China to construct rails.

    Amaechi stated this while answering questions on Channels Television’s ‘Politics Today’ programme on Wednesday.

    The minister noted that the President Muhammadu Buhari administration only borrowed for the Kaduna-Abuja and the Lagos-Ibadan railways.

    When asked how much of the Chinese loans obtained that the Federal Government has repaid, Amaechi said,

    “The right ministry to respond to that question is the Ministry of Finance; they borrow and they repay but I think the last I heard about it, it was between a $100m to $150m repayment that we have done so far in the Kaduna-Abuja.

    “Don’t forget that we’ve not borrowed any money yet, the only money we borrowed is in Kaduna-Abuja and Lagos-Ibadan.

    “Lagos-Ibadan, what we borrowed is about $1.5bn though it is not matured for repayment, what has matured for repayment is the Kaduna-Abuja which is being repaid.

    “Nigerians think we borrow so much but the only projects we have borrowed so far is the Kaduna-Abuja where we borrowed $500m and Lagos-Ibadan where we borrowed $1.5bn. So, that brings the total loan exposure for us in the Ministry of Transport to about $2bn as far as the railway is concerned.”

    REPLY
    Awhotu Samson says:
    June 18, 2021 at 2:50 PM
    That sounds good

    REPLY
    Raji Emmanuel says:
    June 18, 2021 at 3:05 PM
    Hmmmmm

    REPLY
    Raji Emmanuel says:
    June 18, 2021 at 3:05 PM
    Interesting

    REPLY
    Nnamdi Anyahuru says:
    June 18, 2021 at 3:17 PM
    Okay

    REPLY
    efeoghene precious says:
    June 18, 2021 at 3:34 PM
    Okay baby

    REPLY
    Ephraim Aki Bassey says:
    June 18, 2021 at 3:23 PM
    Wow

    REPLY
    Moses Akila says:
    June 18, 2021 at 3:30 PM
    Okey

    REPLY
    okunade adedoyin says:
    June 18, 2021 at 3:35 PM
    $150m out of the $2bn loan borrowed from China to construct rails.

    Amaechi stated

    REPLY
    Ahmad shehu Shehu says:
    June 18, 2021 at 3:36 PM
    Nice

    REPLY
    NIGEL MEPUTAIFE says:
    June 18, 2021 at 4:18 PM
    Nice update

    REPLY
    Joson job says:
    June 18, 2021 at 3:41 PM
    Wow that’s great

    REPLY
    Achi Paul Odinaka says:
    June 18, 2021 at 3:53 PM
    Ok , is good to borrow

    REPLY
    Friday chimezie says:
    June 18, 2021 at 3:53 PM
    Nice

    REPLY
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    June 18, 2021 at 3:54 PM
    Ok

    REPLY
    Rufus Sit ruffy says:
    June 18, 2021 at 3:55 PM
    Na their way

    REPLY
    Agbeniyi Adeyinka says:
    June 18, 2021 at 3:58 PM
    Oh okay sha

    REPLY
    Salahudeen Malik akorede says:
    June 18, 2021 at 4:06 PM
    Good

    REPLY
    Benjamin Paul says:
    June 18, 2021 at 4:06 PM
    Ok

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    Bolaji Shakirudeen says:
    June 18, 2021 at 4:12 PM
    $2 billion chai

    REPLY
    NIGEL MEPUTAIFE says:
    June 18, 2021 at 4:17 PM
    Good luck

    REPLY
    Asiwaju Abdullateef Abiodun says:
    June 18, 2021 at 4:31 PM
    Good

    REPLY
    jnr Chiva says:
    June 18, 2021 at 4:35 PM
    See cash

    REPLY
    Oluwaseun Abayomi says:
    June 18, 2021 at 4:36 PM
    Nice information

    REPLY
    Chiamaka Achinike says:
    June 18, 2021 at 4:38 PM
    Really

    REPLY
    Ejike Nwigbakpo says:
    June 18, 2021 at 4:42 PM
    Skip to content
    Fri. Jun 18th, 2021 5:40:11 PM
    ClimaxTrend
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    GENERAL
    Nigerian Govt Has Repaid $150m Out Of $2bn Chinese Loan – Amaechi

    ByClimaxtrend
    JUN 18, 2021

    Minister of Transportation, Rotimi Amaechi, has claimed that the Federal Government has repaid up to $150m out of the $2bn loan borrowed from China to construct rails.

    Amaechi stated this while answering questions on Channels Television’s ‘Politics Today’ programme on Wednesday.

    The minister noted that the President Muhammadu Buhari administration only borrowed for the Kaduna-Abuja and the Lagos-Ibadan railways.

    When asked how much of the Chinese loans obtained that the Federal Government has repaid, Amaechi said,

    “The right ministry to respond to that question is the Ministry of Finance; they borrow and they repay but I think the last I heard about it, it was between a $100m to $150m repayment that we have done so far in the Kaduna-Abuja.

    “Don’t forget that we’ve not borrowed any money yet, the only money we borrowed is in Kaduna-Abuja and Lagos-Ibadan.

    “Lagos-Ibadan, what we borrowed is about $1.5bn though it is not matured for repayment, what has matured for repayment is the Kaduna-Abuja which is being repaid.

    “Nigerians think we borrow so much but the only projects we have borrowed so far is the Kaduna-Abuja where we borrowed $500m and Lagos-Ibadan where we borrowed $1.5bn. So, that brings the total loan exposure for us in the Ministry of Transport to about $2bn as far as the railway is concerned.”

    108
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    Governor Dapo Abiodun Commissions Oke-Lantoro-Elite-Idi-Aba Road

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    JUN 16, 2021 CLIMAXTREND
    98 thoughts on “Nigerian Govt Has Repaid $150m Out Of $2bn Chinese Loan – Amaechi”
    Felix prince oluwatosin says:
    June 18, 2021 at 8:32 AM
    Really

    REPLY
    Ogbonnaya Michael Otuosorochi says:
    June 18, 2021 at 8:34 AM
    Yeah

    REPLY
    Sunday Ochiba says:
    June 18, 2021 at 9:07 AM
    Ok

    REPLY
    Balogun Monsuru says:
    June 18, 2021 at 9:55 AM
    Ok

    REPLY
    Alih Muhammed says:
    June 18, 2021 at 2:26 PM
    Hm

    REPLY
    Sanwi Destiny says:
    June 18, 2021 at 1:25 PM
    Ok

    REPLY
    Alonge Tosin says:
    June 18, 2021 at 4:15 PM
    Ok oo

    REPLY
    Jeremiah Anonge says:
    June 18, 2021 at 9:11 AM
    Really

    REPLY
    Patrick Oladehin says:
    June 18, 2021 at 9:18 AM
    Wow

    REPLY
    Obed Michael says:
    June 18, 2021 at 9:28 AM
    Okay

    REPLY
    Yusuf Namtira says:
    June 18, 2021 at 11:22 AM
    Nicr

    REPLY
    Salahudeen Malik akorede says:
    June 18, 2021 at 4:09 PM
    Good

    REPLY
    Imaobong Stephen says:
    June 18, 2021 at 12:21 PM
    Borrow borrow government

    REPLY
    Adediran Mubarak says:
    June 18, 2021 at 12:55 PM
    Nice one oooo boo

    REPLY
    Victory john says:
    June 18, 2021 at 1:28 PM
    Really

    REPLY
    Amaechi blessed says:
    June 18, 2021 at 3:12 PM
    Really

    REPLY
    Unyimeabasi Paul says:
    June 18, 2021 at 8:34 AM
    Good to hear that

    REPLY
    Abiona abdulqawiyy oluwatobi says:
    June 18, 2021 at 8:51 AM
    Yes jare

    REPLY
    Ogbonnaya Michael Otuosorochi says:
    June 18, 2021 at 8:34 AM
    Hmm

    REPLY
    Ogbonnaya Michael Otuosorochi says:
    June 18, 2021 at 8:35 AM
    Na soo

    REPLY
    Adeniran Suliaman says:
    June 18, 2021 at 8:35 AM
    Oti por leti

    REPLY
    Olabode Ayomide says:
    June 18, 2021 at 8:37 AM
    Only 7.5% paid . Another debt loading.

    REPLY
    Olaniyan oluwayomi says:
    June 18, 2021 at 8:41 AM
    OK

    REPLY
    Jonathan Jude says:
    June 18, 2021 at 8:45 AM
    Hmmm

    REPLY
    Abiona abdulqawiyy oluwatobi says:
    June 18, 2021 at 8:51 AM
    That is good to hear that

    REPLY
    Friday Daniel says:
    June 18, 2021 at 8:53 AM
    Nice

    REPLY
    Anietie Jacob says:
    June 18, 2021 at 8:55 AM
    Wonderful ,

    REPLY
    Osasogie Frank says:
    June 18, 2021 at 8:58 AM
    DAT money wetin una use am do

    REPLY
    Adewale Adebayo says:
    June 18, 2021 at 9:21 AM
    whaala dey ooo

    REPLY
    Adewale Adebayo says:
    June 18, 2021 at 9:22 AM
    Oga oo no be

    REPLY
    victory Igbinowanhia says:
    June 18, 2021 at 9:31 AM
    God pls help us

    REPLY
    Nazir Yusuf says:
    June 18, 2021 at 9:34 AM
    Okay ooo

    REPLY
    Nwokpoko Solomon says:
    June 18, 2021 at 9:34 AM
    Hhhhh

    REPLY
    Aranaka Onoriode says:
    June 18, 2021 at 9:36 AM
    Hmm

    REPLY
    Hassan Bello says:
    June 18, 2021 at 9:36 AM
    Hi

    REPLY
    Edidiong archibong says:
    June 18, 2021 at 9:40 AM
    is too early to repay

    REPLY
    Oduyemi Michael Imole says:
    June 18, 2021 at 9:45 AM
    Ok

    REPLY
    muhammed tijani says:
    June 18, 2021 at 10:02 AM
    Really

    REPLY
    Abodunrin Adegoke says:
    June 18, 2021 at 10:15 AM
    Ok

    REPLY
    promise promise says:
    June 18, 2021 at 10:17 AM
    A lot is still remaining

    REPLY
    Ahmad shehu Shehu says:
    June 18, 2021 at 10:20 AM
    Really

    REPLY
    Joel Marvellous says:
    June 18, 2021 at 10:29 AM
    Ok

    REPLY
    Hassan Bello says:
    June 18, 2021 at 10:33 AM
    Zero

    REPLY
    Amina Ahmed says:
    June 18, 2021 at 10:34 AM
    Great job

    REPLY
    olawale Sunday says:
    June 18, 2021 at 10:42 AM
    This is so good I love to here this

    REPLY
    iwuchukwu Samuel says:
    June 18, 2021 at 10:56 AM
    Cool

    REPLY
    emeka Solomon says:
    June 18, 2021 at 10:59 AM
    Nice

    REPLY
    Prince-kelvin Linus says:
    June 18, 2021 at 11:06 AM
    Lori iro

    REPLY
    Adeyemo Aishat says:
    June 18, 2021 at 11:16 AM
    Good to know

    REPLY
    Adeyilola Joshua says:
    June 18, 2021 at 11:23 AM
    Ok

    REPLY
    Eugenious Chinonyerem says:
    June 18, 2021 at 11:39 AM
    Noted

    REPLY
    Raymond Owoicho says:
    June 18, 2021 at 11:42 AM
    Okay

    REPLY
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    June 18, 2021 at 11:49 AM
    Okay

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    June 18, 2021 at 11:58 AM
    okay

    REPLY
    Favour Abideen says:
    June 18, 2021 at 11:59 AM
    Okay

    REPLY
    Praise Oluwatona Oluwatona says:
    June 18, 2021 at 12:26 PM
    Thanks for the update Climaxtrend

    REPLY
    Galadine Aloke says:
    June 18, 2021 at 12:47 PM
    Ok

    REPLY
    Ifeanyichukwu Vitalis says:
    June 18, 2021 at 12:56 PM
    Good

    REPLY
    Emmanuel Samuel says:
    June 18, 2021 at 12:56 PM
    This is so fantastic and wonderful

    REPLY
    Elizabeth Kanu says:
    June 18, 2021 at 1:03 PM
    Eziokwu

    REPLY
    Adeleke Al-almin says:
    June 18, 2021 at 1:35 PM
    Ok

    REPLY
    Hamza Shuaib says:
    June 18, 2021 at 1:38 PM
    Nice

    REPLY
    Isaac Olaniyi says:
    June 18, 2021 at 1:44 PM
    Hmmmmmmmmmmmmmmmmmmm

    REPLY
    Andrew Abegunde says:
    June 18, 2021 at 1:46 PM

    REPLY
    Emmanuel osita says:
    June 18, 2021 at 1:52 PM
    Okay

    REPLY
    Tubosun Omolade says:
    June 18, 2021 at 1:52 PM
    Ok

    REPLY
    Emmanuel osita says:
    June 18, 2021 at 2:10 PM
    Thats great

    REPLY
    Adejumobi Samson wale says:
    June 18, 2021 at 2:12 PM
    Okay

    REPLY
    Ibrahim Ahmadu says:
    June 18, 2021 at 2:14 PM
    Good news

    REPLY
    Alih Muhammed says:
    June 18, 2021 at 2:30 PM
    That’s great

    REPLY
    Sedic Samuel says:
    June 18, 2021 at 2:17 PM
    Glad to know

    REPLY
    efeoghene precious says:
    June 18, 2021 at 2:27 PM
    Okayed

    REPLY
    Alih Muhammed says:
    June 18, 2021 at 2:31 PM
    That’s great

    REPLY
    Oki Samuel says:
    June 18, 2021 at 2:48 PM
    of Transportation, Rotimi Amaechi, has claimed that the Federal Government has repaid up to $150m out of the $2bn loan borrowed from China to construct rails.

    Amaechi stated this while answering questions on Channels Television’s ‘Politics Today’ programme on Wednesday.

    The minister noted that the President Muhammadu Buhari administration only borrowed for the Kaduna-Abuja and the Lagos-Ibadan railways.

    When asked how much of the Chinese loans obtained that the Federal Government has repaid, Amaechi said,

    “The right ministry to respond to that question is the Ministry of Finance; they borrow and they repay but I think the last I heard about it, it was between a $100m to $150m repayment that we have done so far in the Kaduna-Abuja.

    “Don’t forget that we’ve not borrowed any money yet, the only money we borrowed is in Kaduna-Abuja and Lagos-Ibadan.

    “Lagos-Ibadan, what we borrowed is about $1.5bn though it is not matured for repayment, what has matured for repayment is the Kaduna-Abuja which is being repaid.

    “Nigerians think we borrow so much but the only projects we have borrowed so far is the Kaduna-Abuja where we borrowed $500m and Lagos-Ibadan where we borrowed $1.5bn. So, that brings the total loan exposure for us in the Ministry of Transport to about $2bn as far as the railway is concerned.”

    REPLY
    Awhotu Samson says:
    June 18, 2021 at 2:50 PM
    That sounds good

    REPLY
    Raji Emmanuel says:
    June 18, 2021 at 3:05 PM
    Hmmmmm

    REPLY
    Raji Emmanuel says:
    June 18, 2021 at 3:05 PM
    Interesting

    REPLY
    Nnamdi Anyahuru says:
    June 18, 2021 at 3:17 PM
    Okay

    REPLY
    efeoghene precious says:
    June 18, 2021 at 3:34 PM
    Okay baby

    REPLY
    Ephraim Aki Bassey says:
    June 18, 2021 at 3:23 PM
    Wow

    REPLY
    Moses Akila says:
    June 18, 2021 at 3:30 PM
    Okey

    REPLY
    okunade adedoyin says:
    June 18, 2021 at 3:35 PM
    $150m out of the $2bn loan borrowed from China to construct rails.

    Amaechi stated

    REPLY
    Ahmad shehu Shehu says:
    June 18, 2021 at 3:36 PM
    Nice

    REPLY
    NIGEL MEPUTAIFE says:
    June 18, 2021 at 4:18 PM
    Nice update

    REPLY
    Joson job says:
    June 18, 2021 at 3:41 PM
    Wow that’s great

    REPLY
    Achi Paul Odinaka says:
    June 18, 2021 at 3:53 PM
    Ok , is good to borrow

    REPLY
    Friday chimezie says:
    June 18, 2021 at 3:53 PM
    Nice

    REPLY
    Samuel stephen says:
    June 18, 2021 at 3:54 PM
    Ok

    REPLY
    Rufus Sit ruffy says:
    June 18, 2021 at 3:55 PM
    Na their way

    REPLY
    Agbeniyi Adeyinka says:
    June 18, 2021 at 3:58 PM
    Oh okay sha

    REPLY
    Salahudeen Malik akorede says:
    June 18, 2021 at 4:06 PM
    Good

    REPLY
    Benjamin Paul says:
    June 18, 2021 at 4:06 PM
    Ok

    REPLY
    Bolaji Shakirudeen says:
    June 18, 2021 at 4:12 PM
    $2 billion chai

    REPLY
    NIGEL MEPUTAIFE says:
    June 18, 2021 at 4:17 PM
    Good luck

    REPLY
    Asiwaju Abdullateef Abiodun says:
    June 18, 2021 at 4:31 PM
    Good

    REPLY
    jnr Chiva says:
    June 18, 2021 at 4:35 PM
    See cash

    REPLY
    Oluwaseun Abayomi says:
    June 18, 2021 at 4:36 PM
    Nice information

    REPLY
    Chiamaka Achinike says:
    June 18, 2021 at 4:38 PM
    Really

    REPLY
    Leave a Reply
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    Comment

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    REPLY
    Ndubuisi Obunike says:
    June 18, 2021 at 4:51 PM
    Good

    REPLY
    Sunday Austin seun says:
    June 18, 2021 at 5:04 PM
    Hmmmm

    REPLY
    Obiagu Destiny says:
    June 18, 2021 at 4:51 PM
    good one

    REPLY
    Ike Olisaemeka says:
    June 18, 2021 at 5:02 PM
    Wwww

    REPLY
    Nliam Joachim says:
    June 18, 2021 at 5:10 PM
    Better

    REPLY
    Kingsley chukwudi Opene says:
    June 18, 2021 at 5:13 PM
    Ok

    REPLY
    Joshua Oyeyinka says:
    June 18, 2021 at 5:25 PM
    Ok

    REPLY
    Hhalna Proof Best says:
    June 18, 2021 at 5:26 PM
    Ok

    REPLY
    Bulabari Joshua says:
    June 18, 2021 at 5:28 PM
    That’s really good

    REPLY
    ojogbe Jonathan says:
    June 18, 2021 at 5:34 PM
    Okkk

    REPLY
    Rabiu Ishaq says:
    June 18, 2021 at 5:36 PM
    Ahbi

    REPLY
    oyekwe Ikechukwu says:
    June 18, 2021 at 5:44 PM
    Nice
    But e small

    REPLY
    Ibekwe Maryann says:
    June 18, 2021 at 6:01 PM
    You tried

    REPLY
    EZENWA SAMUEL says:
    June 18, 2021 at 5:58 PM
    that great I love that

    REPLY
    Ibekwe Maryann says:
    June 18, 2021 at 6:02 PM
    You tried

    REPLY
    Anodized Chidera Joshua says:
    June 18, 2021 at 6:02 PM
    Ok

    REPLY
    Daniel Oluwaseyi says:
    June 18, 2021 at 6:07 PM
    Good

    REPLY
    Ezineme Evans says:
    June 18, 2021 at 6:09 PM
    Ok

    REPLY
    Ezeh ikechukwu says:
    June 18, 2021 at 6:15 PM
    Okay

    REPLY
    Frank Okafor says:
    June 18, 2021 at 6:19 PM
    OK

    REPLY
    Victor Oluwasegun says:
    June 18, 2021 at 6:37 PM
    Ok

    REPLY
    Adeko Trust Jacob says:
    June 18, 2021 at 6:38 PM
    Hmmm

    REPLY
    Chibuike Joseph says:
    June 18, 2021 at 7:00 PM
    Ok

    REPLY
    Divine Nwangwu says:
    June 18, 2021 at 7:01 PM
    To God be the glory

    REPLY
    finenews Godswill says:
    June 18, 2021 at 7:01 PM
    Na so

    REPLY
    Adegboyega Abayomi says:
    June 18, 2021 at 7:03 PM
    Good

    REPLY
    clinton Aifuwa says:
    June 18, 2021 at 7:05 PM
    Good

    REPLY
    Ridwan olalekan Ridwan says:
    June 18, 2021 at 7:08 PM
    Okay

    REPLY
    Cletus Nwigiji says:
    June 18, 2021 at 7:09 PM
    Let them continue to borrow from any place

    REPLY
    Hassan Bello says:
    June 18, 2021 at 7:10 PM
    Thanks

    REPLY
    Hassan Bello says:
    June 18, 2021 at 7:14 PM
    Good

    REPLY
    Daniels Mark says:
    June 18, 2021 at 7:18 PM
    Mmm

    REPLY
    Leave a Reply
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    2023: Yahaya Bello’s Presidential Posters Flood Abuja
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  2. Andrew Jackson and the other is a great way to get the best out of the box 🍱7 the first time in my life and 6 at a time when we were in the same manner as in the case of the most beautiful in this case, the first thing I did was the best of both worlds of this year and I have to say that this is the first time, they’re going to be able to do it again in the 📡 in my opinion, the first thing I did was 7uthhio986rtre57ubvhhffsxpkgdddr777ut7578uvvjvkkmbvyy

  3. Few days ago, well-loved gospel singer, Tope Alabi, was in the eye of the storm following her recent condemnation of fellow but fast-rising singer Adeyinka Alaseyori’s viral song, Oniduro (My Guarantor).

    Following the backlash from Nigerians and fans of the gospel singer, Tope Alabi has finally apologized over the statement made condemning the title ascribed to God as ‘Oniduro’.

    READ HER FULL STATEMENT BELOW

    “Let Me Acknowledge That My Mistake Was That I Externalised A Personal Message In Public; And I’m Awfully Sorry For Doing That.” Initially, I didn’t want to delve into the controversy over the gospel hit song, “Oniduro,” because I have intervened behind the scenes in concert with other stakeholders in gospel music ministry. However, I discovered that online media would not allow the dust to settle calmly.

    I want to state that Tope Alabi, Adeyinka Adesioye a.k.a Alaseyori and Tolu Adelegan are all members of the same family of God and they belong to the same calling – singing ministry. “Adeyinka is my daughter in ministry. Her Pastor asked me to pray for her because she took after me, which I did wholeheartedly. Envy who? Never! I love the girl so much.

    She can confirm to you, sir, that we relate so well. God has given each of us the grace to go as far as His enablement could carry us. The atmosphere is wide enough for everyone to stretch her wings of gift without disturbing one another.” “……I’m being bombarded with calls and visits by Pastors since Monday morning till now. As we speak, another group of Pastors are coming in now. I guess it is because of this same issue.

    “……I have been inundated with diverse counsel from different quarters. I hardly sleep since this matter started. While I attend to Nigerian fans on phone calls and online chats in the daytime, our people in the Diaspora will engage me throughout the greater part of the night over the same matter. “…..I’m not a perfect person yet, I’m still a work in progress in the hands of God. I want people to see me as a mere mortal with my own weaknesses, human frailties and as a learner in the limitless knowledge of God.

    I am who I am today only by the mercy of God and the support of millions of gospel music lovers. I have no support base elsewhere outside the awesome Nigerians who feel uncomfortable with my statement. I see the depth of anger as the measure of their love, admiration and solid support for me and for all of us in the singing ministry.

    “Let me acknowledge that my mistake was that I externalised a personal message in public; and I’m awfully sorry for doing that. My friends, colleagues and leaders in ministry who criticized me either openly or privately simply feel disappointed because of the love we share. We are too knitted in the Body of Christ to allow anything to divide us. Human factor is part of our life. “For those who keep quiet but chose to intercede for us on their knees instead, may God honour them all. And for those who defended me even without speaking with me, I can’t appreciate them enough.”

    “…… Sister Tolu Adelegan is a woman I hold in high esteem. Adeyinka, like I said earlier, is my daughter in ministry, they are all valuable sisters and associates that nothing can separate us. This is a mere fog, it will fade away in no time. “For the comic fellows who are already releasing comedy skits over the matter, I burst into laughter (she laughed again) watching some today.

    What a creative people we are. Nigerians are awesome minds who will fashion out tension relieving stuff from every situation. …I appreciate them all. The Bible says in Hebrew 12: 14 that we should pursue peace with everybody and holiness, those are the conditions for us to see God. This is the acceptable path for all of us to follow……”

  4. That’s not important to what’s happening presently in Nigeria o. He should first find solution to insecurity before coming to MTN 😊

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