Rumors that the Government will soon go bankrupt made China stop giving us loans – Lai Mohammed

Minister of Information and culture, Lai Mohammed has alleged that rumors from Nigerians that the Government will soon go bankrupt caused the Chinese to stop giving loans to the country. He said this during an interview with Daily Trust.

According to him; ”When we started, we found the Chinese government more willing and their terms were much more acceptable and the speed with which the loans were completed and the speed with which we started working.

“Unfortunately, along the line, I can remember the Minister of Transportation complaining that the entire world takes its cue from what Nigerians say about their government. The issue of reports that the government will soon go bankrupt, I think made them stop. Yes, we’re not getting the loans again as we would have wanted.” he said