{"id":28142,"date":"2020-08-01T17:32:01","date_gmt":"2020-08-01T17:32:01","guid":{"rendered":"https:\/\/www.africa-press.com\/nigeria\/?p=28142"},"modified":"2020-08-01T17:32:01","modified_gmt":"2020-08-01T17:32:01","slug":"china-loans-nigeria-is-already-paying-chinese-can-never-come-and-take-over-aso-rock-amaechi","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/all-news\/china-loans-nigeria-is-already-paying-chinese-can-never-come-and-take-over-aso-rock-amaechi","title":{"rendered":"China loans: Nigeria is already paying, Chinese can never come and take over Aso rock – Amaechi"},"content":{"rendered":"

Africa Press-Nigeria:<\/p>\n

The minister of transportation, Rotimi Amaechi, has disclosed that Nigeria is already repaying China loans.<\/p>\n

The minister made this known during a live television programme (Democracy Today) aired on AIT on Saturday, August 1.<\/p>\n

According to him, out of the $500m loan the federal government took to build the Abuja-Kaduna rail line, $96m has been paid.<\/p>\n

Amaechi said Nigeria is capable of paying all the China loans, Daily Trust reports.<\/p>\n

However, he noted that the loan was not taken by the present administration led by President Muhammadu\u00a0Buhari<\/a>.<\/p>\n

\u201cNigeria is already paying and the $500m was not taking by us, it was taken by President Goodluck Jonathan in his term and that clause was there<\/i>,\u201d he said.<\/p>\n

The minister further explained that it was just a clause put there to protect China money and there was no cause for alarm.<\/p>\n

\u201cAnybody that is saying he doesn\u2019t know what a sovereign guarantee or immunity is, too bad for the person, because it simply means in trade that I am not giving you this loan free of charge, just like you go to the bank to collect a loan, the moment you don\u2019t pay they go after your assets you put down.<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa Press-Nigeria: The minister of transportation, Rotimi Amaechi, has disclosed that Nigeria is already repaying China loans. The minister made this known during a live television programme (Democracy Today) aired on AIT on Saturday, August 1. According to him, out of the $500m loan the federal government took to build the Abuja-Kaduna rail line, $96m […]<\/p>\n","protected":false},"author":62,"featured_media":4072,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,14],"tags":[97,42],"class_list":["post-28142","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-policy","tag-buhari","tag-goodluck-jonathan"],"yoast_head":"\nChina loans: Nigeria is already paying, Chinese can never come and take over Aso rock - Amaechi - Nigeria<\/title>\n<meta name=\"description\" content=\"Africa Press-Nigeria:The minister of transportation, Rotimi Amaechi, has disclosed that Nigeria is already repaying China loans.The minister made this\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/all-news\/china-loans-nigeria-is-already-paying-chinese-can-never-come-and-take-over-aso-rock-amaechi\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China loans: Nigeria is already paying, Chinese can never come and take over Aso rock - Amaechi\" \/>\n<meta property=\"og:description\" content=\"Africa Press-Nigeria:The minister of transportation, Rotimi Amaechi, has disclosed that Nigeria is already repaying China loans.The minister made this\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/all-news\/china-loans-nigeria-is-already-paying-chinese-can-never-come-and-take-over-aso-rock-amaechi\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2020-08-01T17:32:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/upload\/sites\/3\/2019\/02\/President-Goodluck-Jonathan.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"alico\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"alico\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/china-loans-nigeria-is-already-paying-chinese-can-never-come-and-take-over-aso-rock-amaechi#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/china-loans-nigeria-is-already-paying-chinese-can-never-come-and-take-over-aso-rock-amaechi\"},\"author\":{\"name\":\"alico\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/50afd2ef4f0e900bd0a176404a8484a7\"},\"headline\":\"China loans: Nigeria is already paying, Chinese can never come and take over Aso rock – Amaechi\",\"datePublished\":\"2020-08-01T17:32:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/china-loans-nigeria-is-already-paying-chinese-can-never-come-and-take-over-aso-rock-amaechi\"},\"wordCount\":220,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/china-loans-nigeria-is-already-paying-chinese-can-never-come-and-take-over-aso-rock-amaechi#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/upload\/sites\/3\/2019\/02\/President-Goodluck-Jonathan.jpg\",\"keywords\":[\"Buhari\",\"Goodluck Jonathan\"],\"articleSection\":[\"all news\",\"Policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/all-news\/china-loans-nigeria-is-already-paying-chinese-can-never-come-and-take-over-aso-rock-amaechi#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/china-loans-nigeria-is-already-paying-chinese-can-never-come-and-take-over-aso-rock-amaechi\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/china-loans-nigeria-is-already-paying-chinese-can-never-come-and-take-over-aso-rock-amaechi\",\"name\":\"China loans: Nigeria is already paying, Chinese can never come and take over Aso rock - 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