A Federal High Court in Abuja last week ordered the government of President Muhammadu Buhari to "account for the spending of $460 million Chinese loan to fund the failed Abuja Closed-Circuit Television (CCTV) project." The Court also ordered the government to "publish the total amount of money paid to Chinese and local companies and contractors and specific details of the names of the companies and contractors and status of the implementation of the project."
Court orders Buhari gov t to account for $460m Chinese loan | Nigerian News, Latest Nigeria In News Nigeria News Your online Nigerian Newspaper nigerianeye.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nigerianeye.com Daily Mail and Mail on Sunday newspapers.
The Minister of Finance, Zainab Ahmed, in 2019, ignored a request for information on the $460 million and the status of the Abuja CCTV project the money was meant to be used for.
The Court also ordered the government to “publish the total amount of money paid to Chinese and local companies and contractors and specific details of the names of the companies and contractors and status of the implementation of the project.”
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