Why Buhari Is Allowing Us Take Loans – Amaechi

Why Buhari Is Allowing Us Take Loans – Amaechi
Join @Naijakit On Telegram For Instant Updates (Click Here)

NEWS!: Why Buhari Is Allowing Us Take Loans – Amaechi

Why Buhari Is Allowing Us Take Loans Amaechi

The Minister of Transportation, Rotimi Amaechi, has said President Muhammadu Buhari has approved for Nigeria to take loans.

Amaechi stated this during a special 60th Independence Anniversary programme on Channels Television on Thursday.

According to the former Governor of Rivers State, the loans are meant for infrastructural development in several parts of the country.

“The President (Muhammadu Buhari) allows us to borrow. We are borrowing to develop and things will change,” he said.

Amaechi explained that when crude oil was sold at $120 per barrel, the total amount needed to develop the railway across the 36 states and the Federal Capital Territory (FCT) was between $35billion to $40billion.

 

“It wasn’t like this before. We had money to construct this railway. The total fund that we needed to finish the entire railway in the country was about $36billion to $40billion.

“We had this kind of money when we were selling crude at $110 to $120 per barrel. Now, the money is no longer there,” Amaechi said.

Naijakit creates content to benefit users and artists alike. We do this by showing data in an easy-to-digest format.

We help artists track their progress, promote songs and reach their target audience.

We have permission from the artists to display most of our content, where we do not request permission, Naijakit use content under fair use for purposes such as criticism, comment, news reporting, promotion, and research.

Please do not hesitate to contact us, If Naijakit has infringed on your copyright or the copyright of someone you represent, and you want your media files and lyrics to be removed from Naijakit database.

Naijakit will respond to “any and all take-down requests” that comply with the requirements of the Digital Millennium Copyright Act (DMCA), and other applicable intellectual property laws.

Where we get songs to upload?

Naijakit have an upload form on the site, where users have to be registered

to upload song. Admin look at the song and decide if to approve it or not after some checks.

We also receive songs from artists representatives, artists, bloggers asking us to promote songs on our site.

Naijakit TV


Write a Comment


*NOTE:* You Need To Provide a Valid Phone Number Incase we want to reach you back. or you want us to contact you back.. Via your comment.. Thanks, Your Comment is important to us!