has approved the change of financier for the Nigerian Railway Modernisation Project .
CDB is taking over from China Exim Bank, which withdrew from the project due to the impact of COVID-19. The $22.7billion External Borrowing Plan was approved by the Senate and the House of Representatives on 5 March 2020 and 2 June 2020, respectively. Speaking against the request, the Chairman of the House Committee on Agreement, Treaties, and Protocol, Nicholas Ossai , said the minister of finance must provide the new details on the agreement before the approval is granted.
Are we even serious in this country like this? How can the legislature approve a loan without any idea of the agreement and conditions stated in there
This contract prices are damn too inflated😳this is the actual problem with the country
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