{"id":56892,"date":"2022-01-06T19:58:32","date_gmt":"2022-01-06T18:58:32","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/?p=56892"},"modified":"2022-01-06T19:58:32","modified_gmt":"2022-01-06T18:58:32","slug":"real-reason-nigerian-govt-took-chinese-loans-buhari","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/policy\/real-reason-nigerian-govt-took-chinese-loans-buhari","title":{"rendered":"Real reason Nigerian govt took Chinese loans \u2013 Buhari"},"content":{"rendered":"

Africa-Press – Nigeria. <\/strong><\/span>President Muhammadu Buhari has said that his government took loans from China because the Asia country was willing to help Nigeria\u2019s infrastructure.<\/p>\n

Buhari said this on Wednesday during an interview with Channels Television while defending his government\u2019s decision to source loans from China.<\/p>\n

According to him, anybody that is prepared to come and help Nigeria\u2019s infrastructure to do the roads, rail and power will be welcomed.<\/p>\n

Recall that according to data from the Debt Management Office, Nigeria has borrowed $2.02 billion as loans from China from 2015 and the nation\u2019s debt portfolio from China has risen to $3.40bn as of March 31, 2021.<\/p>\n

\u201cWe take that (loans) where it is necessary. I told you now of something, what it used to be between Lagos and Ibadan alone, not to talk of the rest of the country,\u201d Buhari said.<\/p>\n

\u201cBut we got the Chinese to help us in the rail and the roads, how can we turn that down? If we had turned that down, maybe between Lagos to Ibadan, you will have to walk.<\/p>\n

\u201cSo the Chinese are welcome, anybody that is prepared to come and help us and our infrastructure to do the roads, the rail and power will be welcomed.\u201d<\/p>\n

For More News And Analysis About Nigeria<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Nigeria. President Muhammadu Buhari has said that his government took loans from China because the Asia country was willing to help Nigeria\u2019s infrastructure. Buhari said this on Wednesday during an interview with Channels Television while defending his government\u2019s decision to source loans from China. According to him, anybody that is prepared to come […]<\/p>\n","protected":false},"author":84,"featured_media":56891,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,29,28,14,26],"tags":[1570,2140,97,3770,254],"class_list":["post-56892","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-homepage-english","category-policy","category-twitter","tag-africa-press","tag-africa-press-nigeria-2","tag-buhari","tag-chinese","tag-nigeria"],"yoast_head":"\nReal reason Nigerian govt took Chinese loans \u2013 Buhari - Nigeria<\/title>\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\/policy\/real-reason-nigerian-govt-took-chinese-loans-buhari\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Real reason Nigerian govt took Chinese loans \u2013 Buhari\" \/>\n<meta property=\"og:description\" content=\"Africa-Press – Nigeria. President Muhammadu Buhari has said that his government took loans from China because the Asia country was willing to help Nigeria\u2019s infrastructure. Buhari said this on Wednesday during an interview with Channels Television while defending his government\u2019s decision to source loans from China. According to him, anybody that is prepared to come […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/policy\/real-reason-nigerian-govt-took-chinese-loans-buhari\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2022-01-06T18:58:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2022\/01\/img-61d72729386c7.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1080\" \/>\n\t<meta property=\"og:image:height\" content=\"691\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\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\/policy\/real-reason-nigerian-govt-took-chinese-loans-buhari#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/real-reason-nigerian-govt-took-chinese-loans-buhari\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Real reason Nigerian govt took Chinese loans \u2013 Buhari\",\"datePublished\":\"2022-01-06T18:58:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/real-reason-nigerian-govt-took-chinese-loans-buhari\"},\"wordCount\":222,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/real-reason-nigerian-govt-took-chinese-loans-buhari#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2022\/01\/img-61d72729386c7.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Nigeria\",\"Buhari\",\"chinese\",\"Nigeria\"],\"articleSection\":[\"all news\",\"head lines\",\"homepage-english\",\"Policy\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/policy\/real-reason-nigerian-govt-took-chinese-loans-buhari#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/real-reason-nigerian-govt-took-chinese-loans-buhari\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/real-reason-nigerian-govt-took-chinese-loans-buhari\",\"name\":\"Real reason Nigerian govt took Chinese loans \u2013 Buhari - 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