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Court orders Buhari’s government to account for N212bn ($460m) Chinese loan

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BY SULE TAHIR.

A Federal High Court sitting in Abuja has ordered the government of President Muhammadu Buhari to “account for the spending of $460 million Chinese loan to fund the failed Abuja Closed-Circuit Television (CCTV) project.”

The Court also ordered the government to “publish the total amount of money paid to Chinese and local companies and contractors and specific details of the names of the companies and contractors and status of the implementation of the project.”

Hon. Justice Emeka Nwite made the orders while delivering judgment in a Freedom of Information suit number: FHC/ABJ/CS/1447/2019 brought by Socio-Economic Rights and Accountability Project (SERAP).

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The suit followed the disclosure in 2019 by the Minister of Finance, Zainab Ahmed, that “Nigeria was servicing the loan”, adding that she had ‘no explanations on the status of the project.

She reportedly said, “We are servicing the loan. I have no information on the status of the CCTV project.”

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