By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Daily Report NigeriaDaily Report NigeriaDaily Report Nigeria
Notification Show More
Font ResizerAa
  • HOME
  • NEWS
  • POLITICS
  • METRO
  • ENTERTAINMENT
  • SPORTS
  • FACT FILE
  • SPECIAL REPORT
Reading: Tinubu Warned Over Chinese Loans: Ex-minister Raises Alarm
Share
Font ResizerAa
Daily Report NigeriaDaily Report Nigeria
  • METRO
  • NEWS
  • POLITICS
  • SPECIAL REPORT
  • FACT FILE
Search
  • HOME
  • NEWS
  • POLITICS
  • METRO
  • ENTERTAINMENT
  • SPORTS
  • FACT FILE
  • SPECIAL REPORT
Have an existing account? Sign In
Follow US

Home | Tinubu Warned Over Chinese Loans: Ex-minister Raises Alarm

Politics

Tinubu Warned Over Chinese Loans: Ex-minister Raises Alarm

Olaitan Sodiq
Olaitan Sodiq
Published: June 15, 2025
Last updated: June 15, 2025
2 Min Read
Share
Tinubu Warned Over Chinese Loans: Ex-minister Raises Alarm | Daily Report Nigeria
SHARE

 

Nigeria’s debt to China has raised concerns, with the country owing over $4 billion to its largest creditor.

Former Foreign Affairs Minister, Bolaji Akinyemi, has warned President Bola Tinubu to be cautious in his dealings with Chinese loans, urging him not to repeat the mistakes of previous administrations.

ATTENTION: Click “HERE” to join our WhatsApp group and receive News updates directly on your WhatsApp!

“We should be very careful,” Akinyemi said in an interview on Channels TV. “Don’t isolate the focus on China. There are also debts we owe the United States and some medium-power countries. What we need to do is to be careful about two things. One, we shouldn’t default on that debt.”

Akinyemi emphasized the importance of fulfilling Nigeria’s obligations to avoid defaulting on its debts, citing the recent seizure of Nigerian sovereign goods worldwide due to non-payment. He also warned against corrupt practices in toll collections on projects facilitated by these debts, stressing that Nigeria’s behavior and DNA are part of the problem.

“Nigeria is the sovereign entity,” Akinyemi added. “Therefore, it is Nigeria that will be held responsible if states default in fulfilling agreements signed and if governors come to the scene and decide to cancel agreements signed by their predecessors. We should get out of that mental thinking. The emperors in Nigeria are not the president in Abuja. The emperors in the political system are the governors because nobody controls them.”

 

For publication of Press Releases, Statements, and Advert Inquiries, send an email to info@dailyreport.ng
TAGGED:Top Stories
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest Updates

Why I Didn't Remove Fuel Subsidy - Buhari
15 Things To Know About The Life And Times Of Muhammadu Buhari
News
Club World Cup Final: Confirmed Chelsea vs PSG Lineups | Daily Report Nigeria
Club World Cup Final: Confirmed Chelsea vs PSG Lineups
Sports
Madueke Undergoes Medical Ahead of Arsenal Reveal After Club World Cup Final | Daily Report Nigeria
Madueke Undergoes Medical Ahead of Arsenal Reveal After Club World Cup Final
Sports
Ubi Franklin Devastated as He Loses Sister to Cancer, Pens Emotional Tribute | Daily Report Nigeria
Ubi Franklin Devastated as He Loses Sister to Cancer, Pens Emotional Tribute
Entertainment
Why I Didn't Remove Fuel Subsidy - Buhari
JUST IN: Former President Muhammadu Buhari Dies in London 
News

TOPIC

2023 Elections Abuja Accident AFCON Anambra APC Arrest ASUU ASUU Strike Atiku Abubakar Bandits Bayelsa BBNaija Biafra Boko Haram Bola Ahmed Tinubu Bola Tinubu Breaking News Breaking News Nigeria Burna Boy Burutu CBN Celebrity news Chelsea Coronavirus court covid-19 Crime Daily Report Ng Daily Report Nigeria Daily Sports News Davido Delta Delta state DSS Education EFCC Elections English Premier League EPL Family federal government FG FIFA World Cup Football Fraud Godwin Emefiele Goodluck Jonathan Governor Nyesom Wike Gunmen Health Ifeanyi Okowa Imo INEC Insecurity IPOB IYC JAMB Kaduna Kidnap Labour Party Lagos Lagos State Manchester United Marriage Muhammadu buhari Music NASS NDDC NDLEA Niger Delta Nigeria NLC Nnamdi Kanu NNPC Nollywood Nyesom Wike Olusegun Obasanjo Pastor PDP Peter Obi Police Politicians President Bola Ahmed Tinubu President Muhammadu buhari Professor Yemi Osinbajo Protest Rape Reno Omokri Rivers State Senate Sheriff Oborevwori Social Media Suicide Super Eagles Tinubu Top Stories Twitter Victor Osimhen Zamfara

You Might Also Like

Nigerian businesses decline in October 2024 — Report | Daily Report Nigeria
Business

Nigerian businesses decline in October 2024 — Report

June 14, 2025
How 18 Edo LG chairmen squandered N83bn Federal allocation – Okpebholo
Politics

Okpebholo Sets Up Panel to Probe Obaseki’s Administration

June 14, 2025
Dollar To Naira Black Market Exchange Rate For Today
Business

Naira appreciates against dollar after Christmas holidays

June 5, 2025
BREAKING: DCP Abba Kyari Declared Wanted Over Drug Links | Daily Report Nigeria
News

BREAKING: DCP Abba Kyari Declared Wanted Over Drug Links

June 15, 2025
© Daily Media N Publishing LTD. All Rights Reserved.
  • Home
  • About Us
  • Adverts With Us
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?