Says Southeast Didn’t Profit From Limitless Loans

The Civil rights advocacy group, the Human Rights Writers Affiliation of Nigeria, (HURIWA), yesterday, slammed the Presidency over feedback that Chinese language loans have helped the nation construct its infrastructure.

HURIWA’s Nationwide Coordinator, Comrade Emmanuel Onwubiko, in an announcement, stated the South East has been excluded from the so-called tasks that the Federal Authorities used the humongous loans from China on.

The group flayed the regime of President Muhammadu Buhari for splurging the irrational Chinese language loans on irrational tasks with no tangible financial returns, together with the Kano-Maradi railway building to the Niger Republic and plenty of different tasks in his hometown – Daura in Katsina State and different areas within the north.

Recall that the presidential spokesman, Femi Adesina on Friday informed Ambassador Cui Jianchun and the brand new Deputy Chief of Mission/Ministerial Councilor, Zhang Yi that Chinese language loans have been very useful to Nigeria’s infrastructural growth.

Onwubiko stated within the final seven years, the All Progressives Congress (APC) authorities has launched into a borrowing spree with Nigeria’s debt to China growing from $3.26b as of September 30, 2020, to $3.59b as of September 30, 2021, saying the determine has moved incrementally within the final one yr.

Reacting to feedback made by Adesina, Onwubiko stated, “The declare by presidential spokesman Femi Adesina that Chinese language loans have contributed tremendously to Nigeria’s infrastructure is considerably false. These Chinese language loans should have been pocketed by high authorities officers as a result of there isn’t any proof of any satisfactorily executed nationwide strategic infrastructures by President Muhammadu Buhari within the final seven years.

“Take, for instance, the South East geopolitical zone whereby the Enugu-Port Harcourt freeway is a complete shamble, the Onitsha to Owerri freeway can also be in a nasty state. All main highways linking South East and South South are in a nasty state.

“Whereas, the Buhari regime has lavished the Chinese language loans on profitless investments in northern Nigeria and Buhari’s relations within the Niger Republic. Actually, insecurity within the President’s yard within the Northwest has overrun the Kaduna-Abuja practice companies. Terrorism has even compelled the Nigerian Railway Company to cancel all practice actions.

“Identical to his lopsided appointments with northerners as heads of safety companies, Buhari’s nepotism unfold like a tentacle to the distribution of tasks throughout the six zones in Nigeria with the South-East being essentially the most marginalised.

“Nigerians have all main causes to vote out Buhari’s APC in subsequent yr’s election. Inclusion have to be a watchword within the subsequent crop of leaders to be elected on the polls in 2023. No narrow-minded candidate with parochial and tribal prejudice ought to make it to Aso Villa. All Nigerians ought to benefit from the dividends of democratic governance with out being judged by their ethnic affiliation or spiritual affinity.”