The Viewers Corner News correspondent in Abuja, Nigeria reported that the APC/President Buhari’s government has run short of funds to continue the Abuja-Kano-Porthacourt-Maiduguri rail projects. It was also revealed that the Nigerian government may be waiting for a loan as part of the agreement they had with the Chinese authorities before the rail projects could be completed. There is nothing wrong with borrowing money for such a beautiful project, but how viable is that route so that when the rail projects are completed and begin operation, the money realized from such ventures would be enough to pay back the loan? These are some of the questions Nigerians need to ask the government of the country. The wasteful spending in the APC/President Buhari’s government has destroyed the economy of Nigeria so badly. This means that Nigeria will be unable to carry out any of her projects unless she borrows money from China. This is unbelievable. The Viewers Corner News team is appealing to the Chinese authorities to stop lending money to Nigeria for now because the APC/President Buhari’s government will leave office in less than one year. Any loan they are going to take out now may not be properly used. Again, in President Buhari’s government, there are many thieves who do not care about the development of the country. All they care about is grabbing money for themselves. This has always been their main priority, meaning that the incoming government in 2023 would have difficulties getting a good start, which would be to the disadvantage of the people of Nigeria.
Source: Viewers Corner News.