The Minister of Transportation, Rotimi Amaechi has said he is surprised to see how Nigerians do complain about money borrowed from China for capital projects.
According to the minister, Nigeria has borrowed only a little money from China when compared with other countries.
VAM News reports that the minister said this during an interview with Guardian.
Amaechi blamed the delays in major projects, including railways, on the inability of the Chinese government to fund them.
He said the government has commenced a search for loan offers in Europe since the Chinese have refused to continue funding Nigerian projects.
Amaechi expressed hope that Nigeria could get loans from Europe to complete existing projects in the country.
He said: “We are stuck with lots of our projects because we cannot get money. The Chinese are no longer funding. So, we are now pursuing money in Europe.
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