An Igbo activist group, the South East Response Team (SOREST) has protested the exclusion of the mainly-Igbo South East geopolitical zone in an infrastructural development plan backed by loans the Federal Government of Nigeria has applied for. The preassure group has threatened to go to court if the South East remains excluded. Recall that recently,… Continue reading Infrastructural Loan: Igbo Group SOREST Threatens Court Action Over Exclusion Of South East
Former Presidential Spokesman to ex-President Goodluck Jonathan, Reno Omokri has warned China not to grant any $7Billion loan to Nigeria, saying if China does that, it is lending money to President Buhari, not to Nigeria. Taking to his social media handle, he said; View this post on Instagram I am waiting to see the foolish… Continue reading Reno Omokri Warns China Not To Loan Nigeria $7 Billion
If yours is among these below, you are eligible to apply for their l loan. 1. Adire (Tie and Dye)/Aso Oke 2. Animal Feeds 3. Aquaculture 4. Bakery 5. Blocks and Interlocking Stones 6. Bottled Water 7. Ceramics & Tiles 8. Chemicals and Paints 9. Cosmetics/Hair Products 10. Dairy 11. Digital Printing/Multimedia Publishing 12. Doors… Continue reading 41 Business Eligible For Bank Of Industry Loan: Is Yours Among Them?
I don’t envy Government Minister Udo Udoma at this time. He traveled to China to convince the Chinese to fund Nigeria’s infrastructural projects. But I fear that unlike when Jonathan went and secured a loan for railway development, this may be a tall order.
China is about to grant a loan of billions of dollars to the Nigerian Government to help it finance some infrastructure projects. This is coming at a time when the price of crude oil – which the Nigerian government has depended on to finance its budget for decades – is suffering a terrible crash that… Continue reading China to wire Nigeria some billion$ next week -the Chinese are our friends indeed!