NIGERIA SOVEREIGNTY AND CHINA LOAN: THE LAWMAKERS ERRED!
NIGERIA SOVEREIGNTY AND CHINA LOAN: THE LAWMAKERS ERRED While I'm concerned about the continuous and incessant borrowing of money by the government of President Muhammodu Buhari and previous governments from Federal to State, and State to Local Governments across Nigeria, I will be the last person to join in the frenzy of the House of Representatives that Nigeria Sovereignty is for sale based on the agreement signed between the Federal Government and Chinese company. My concern about incessant loan and borrowings is based on my firm believe in sustainable development, which is simply defined as the execution and undertaken of projects for developmental purpose to meet the needs of the present generation without preventing future generations from meeting their own needs. The truth however is that Nigeria Sovereignty is not for sale. What the clause in the agreement implies is that in case of default on the part of Nigeria to repay the loan, the Chinese...