Nigeria may be unable to repay $1billion loan for armed forces equipment

by James Sambo The Chairman, House Committee on Finance, Abdulmumin Jibril, chairman, says that Nigeria may not be able to repay the $1 billion loan due to the unprecedented dip in revenue generation. Jubril stated this while responding to an inquiry made by speaker Aminu Tambuwal on President Goodluck Jonathan’s request, noting that the loan... Read More