The president of the Federal Republic of Nigeria jets out to China on a visit aimed at further strengthening the bilateral relationship t...
The president of the Federal Republic of Nigeria jets out to China on a visit aimed at further strengthening the bilateral relationship that exist between the 2 countries. Buhari as at now has traveled more than any president we've had in a short period of time. Some say at the rate at which he's away from home, he may soon have to govern Nigeria form another country as we hear more information form him about Nigeria when he's away, I guess we have to wait to hear from him again this time from China.
Part of why he has traveled to China is to solicit for a 2trillion Naira loan from China. People asks why do we need such amount borrowed form another country. The Jonathan administration left over 30billion US Dollars in foreign reserve, 600 and 800 million us dollars being promised to Nigeria by US and UN respectively to assist in rebuilding the Damages done by boko haram in the Northeast and also helping us build infrastructure nationwide. Abacha loot is being returned to Nigeria by Switzerland among other funds that is coming back in addition to the internally generated revenue.
It is good for our president to solicit for foreign investments in Nigeria not loan acquisitions. This drama about the budget also should end.