Mr Amaechi made the clarification at the 6th Annual East African Transport Infrastructure conference held in Nairobi, Kenya.
“I don’t know the arrangement these countries made with China-Exim bank, I do not think we will have any problems with repaying our loans. The countries that they are talking about are Kenya, Somalia and Sudan. “We are talking with them, to say that by June, we should be able to say this is our repayment plan. It also depends on what agreement plan you have with them. Our agreement does not include the fact that they will come and take over our seaports or railways or airports.
“If you don’t go to China, who will give you money? America is going to China even Russia. What is wrong if Nigeria goes to China?“Nobody runs railway with passenger fares. You can never get one Naira out of it. Nigerians think railway is just to carry passengers but the problem is that the goods that should be on the rail are the ones on the road and they are destroying the roads.
Silence is better than lying. No collateral loan was given by China? You can do better.
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