Tag Archives: Roads

Chinese investment: A booster to Nigeria’s economy

By Nduka Uzuakpundu Nigeria’s President Muhammadu Buhari had a genuine cause, recently, to laud China for her rising investment in the country. China, he said, was a friend of Nigeria – and Africa, in general. At a time of a deep recession, between 2015 and 2017 – the first two years of the Buhari administration – the economic indices of ...

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Economic experts slam FG’s proposed $5.5bn loan for infrastructure development

Economic experts on Monday expressed concern over the Federal Government’s intention to borrow 5.5 million dollars to fund some capital projects captured in the 2017 Budget. President Muhammadu Buhari presented a four-page letter to the Senate which showed that the proposed borrowing was for the implementation of the external borrowing approved in the 2017 Appropriation Act. However, this is not ...

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