Nigerians both home and abroad should not be misled by those politicians in Nigeria who are playing politics of Nigeria losing its Sovereignty to China if Nigeria as a country can not pay her debt. Now hear this; if you borrow huge amount of money from anywhere in the world, it becomes very necessary that collateral would be required which Nigeria as a country was told to bring, Nigeria did that and signed for the loan with China based on Mr Rotimi Amaechi’s explanation who is Nigeria’s minister of transport. The people of Nigeria have nothing to worry about because if Nigeria can not pay the loan which she borrowed from China, the project which China built in Nigeria would be handed over to China. Meaning that China would have to take over the management and control of such venture until they recover their money which in our (Viewers Corner News team) opinion is a fair deal because if you borrow money, you must provide a means of how that money would be paid like we (Viewers Corner News team) mentioned early in this article. Another point we (Viewers Corner News team) are trying to make here is that if those who led Nigeria in the past had foresight and focused on the good things of life that would create convenience for the people of Nigeria, by now it would be easier for President Buhari and his administration to work on other areas of investment thereby avoid borrowing huge amount of money from China to build what the past government failed to build. When ex-president Olusegun Obasenjo was in office, the price of crude oil was better which would have enabled him to fix the country (Nigeria) properly but he never did. Even the sixteen billion dollar his administration allegedly embezzled to give the people of Nigeria electricity, till today there is no clue on how that money would be recovered which is bad. The same goes to ex-president Goodluck Jonathan which is worse. Even in his own local government, there was no good drinking water for his people until President Buhari assisted them and provide what ex-president Goodluck Jonathan who is their son could not give to them. Such abandonment and recklessness is shameful and bad. Again, we (Viewers Corner News team) would use this opportunity to plead with President Buhari and his government to build rail projects across Nigeria because at the end if properly managed, the economy of Nigeria would be buoyant. Transportation is a huge source of income to any economy in the world, therefore the people of Nigeria should not be scared of losing their sovereignty to China if the loan is not paid. Dubious politicians in the country (Nigeria) are only using that as a weapon to hurt President Buhari’s administration. Although there may be lots of corruption in President Buhari’s government but right now they are on the right road to success. The people of Nigeria should encourage President Buhari’s government to build rail across the country (Nigeria) because it is going to save the economy of Nigeria from total collapse if properly managed.
Source: Viewers Corner News.