$2bn Chinese Loan: Fayose Slams Oyegun, Others


By Olakiitan Victor

The Governor of Ekiti State, Mr Ayodele Fayose, has advised the All Progressives Congress (APC) National Chairman, Chief John Odigie- Oyegun, his deputy, Engr. Segun Oni, and others who criticized him for his opposition to the alleged borrowing of $2 billion loan by the federal government to stop displaying hypocrisy in the interest of the nation.

He said his reaction to the attempt by President Muhammadu Buhari to borrow the money was done out of national interest and not because of personal animosity against the president, saying what the APC had done against him was tantamount to hypocrisy.

Fayose described Buhari’s non-signing of any direct loan agreement with the Chinese government during his visit as a vindication of the governor’s position.

“What Nigeria needs is the collaboration of the Government of China in the area of technology transfer, rather than granting loan that will be mismanaged under the guise of building infrastructure,” he said.