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Home | Why Nigerian Govt Took Chinese Loans – Buhari

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Why Nigerian Govt Took Chinese Loans – Buhari

Daily Report Nigeria
Daily Report Nigeria
Published: June 14, 2025
Last updated: June 14, 2025
1 Min Read
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Why Nigerian Govt Took Chinese Loans – Buhari | Daily Report Nigeria
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President Muhammadu Buhari has explained why his government took loans from China.

Buhari who spoke on Wednesday during an interview with Channels Television said his government took the loan because the Asian country was willing to help Nigeria’s infrastructure.

According to him: “We 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,”

“But 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.

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