The House Of Reps Discovered A Loan Agreement Concedes Nigeria’s Sovereignty To China

The members of Nigerian House of Representatives have discovered that clauses in a loan agreement by the Nigerian Government from China concedes the country’s sovereignty to China. Chairman of the House Committee on Treaties, Protocol and Agreements, Ossai Nicholas Ossai, raised the alarm while probing loans received by the government. The committee noted that the clauses in Article 8(1) of the commercial loan agreement signed between Nigeria and Export-Import Bank of China allegedly concedes sovereignty of Nigeria to China in the $400m loan for the Nigeria National Information and Communication…

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