As the relationship between Africa and China also strengthens, many countries in the region are trumpeting on tourism growth from the Chinese market. However there are still issues that need to be dealt with, if Africa has to compete with mature tourism markets in the west. “I have visited eight countries in Africa.” For Chinese […]
The immediate past Minister of Finance, Mrs. Ngozi Okonjo-Iweala, has denied allegation that substantial part of the $1 billion China-Exim Bank loan obtained for the Kano-Lagos rail project was diverted under the immediate past administration of Dr. Goodluck Jonathan. The Permanent Secretary in the Ministry of Finance, Mohammed Bashar, had last week, according to the […]
President Muhammadu Buhari has ordered the Ministry of Finance to explain how $1.005 billion loan obtained from the Chinese Exim Bank for the construction of a standard gauge rail line linking Lagos to Kano got diverted to other purposes. Speaking on Monday, August 10, at the Presidential Villa after the Permanent Secretary, Ministry of Transport, Alhaji Mohammed Bashar, made […]