by the Federal Government of Nigeria.
“The government of China should be mindful of the fact that Nigerians, irrespective of their political and religious affiliations are totally opposed to increment of the country’s debt burden, which is already being serviced with 25 per cent of the Federal Government annual budget,” he said in a letter dated April 12, 2016 and with reference number EK/GOV/28/10, addressed to President Xi Jinping of China.
The letter was delivered by Chief of Staff to the governor, Barrister Dipo Anisulowo in Abuja on Thursday to the Chinese government through the Chinese Ambassador to Nigeria, Gu Xiaojie.
Governor Fayose said some of the projects for which the loan was being sought were not captured in the controversial 2016 budget, which has been sent to the President by the National Assembly for his assent.
Anisulowo, who was accompanied by Deputy Speaker of the State House of Assembly, Segun Adewumi, Chairman House Committee on Information, Gboyega Aribisogan, Chairman House Committee on Health, Dr Samuel Omotosho and Special Assistant to the governor on Public Communications and New Media, Lere Olayinka, said Governor Fayose, who is in China will also deliver a copy of the letter directly to the Chinese President.
“I write as one of the major stakeholders in the project Nigeria, and a governor of one of the federating units making up Nigeria, to draw your attention to report that the Federal Government of Nigeria is on the verge of obtaining a $2 billion loan from the Export-Import Bank of China.
“This $2 billion loan is part of the N1.84 trillion the Federal Government of Nigeria has proposed to borrow to finance the 2016 budget, which is yet to be signed by the President, Mohammadu Buhari owing to unending controversies between the Executive and Legislative arms of government.
No comments:
Post a Comment