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China Loan: Nigeria Will Pay Back In 20years-Amaechi
Joel Ajayi
Minister of Transportation, Rt. Hon.Chibuike Rotimi Amaechi has reiterated that the Nigerian government has the capability to pay back the loans collected for the construction of rail projects within the stipulated period of twenty years.
Amaechi stated this when he appeared on a live television programme (Democracy Today) aired on AIT in Abuja, Friday.

He said China was the only country given out loans with a low interest rate of 2.8 percent as no country in the world would give out a loan without a guarantee to pay back such loans.
“The trade agreement between Nigeria and China: The first thing is that the ministry of transport doesn’t take loan, everything about loan is directed to the ministry of finance, so I couldn’t have signed any loan because I don’t take loan. What I signed is what is called commercial contract, which is contract between the federal government and CCECC as a contractor, the contract between Nigeria and China is usually signed by the ministry of finance.
“Whether is the ministry of finance that signed it or the ministry of transportation, the issue is that nobody will give you loan free of charge , there must be an agreement and such agreement must contain some terms, that doesn’t mean that you are signing away the sovereignty of the country, no country will sign out its sovereignty.
“What clause 8 does is to say to you, I expect you to pay according to those terms we have agreed, if you don’t pay, don’t throw your immunity on me when I come to collect back the guarantee that was put forward, that is all.
“We are paying the loans. In the same National Assembly sitting, they were told that the 500million dollars loan, we have paid 96 million dollars already, Nigeria is already paying and the 500 million dollars was not taking by us, it was taken by President Goodluck Jonathan in his term and that clause was there.
“Nigeria has the capacity to pay back for the period of 20 years at 2.8 percent, which country will give you that loan? secondly , these loans are not giving to us, they are paid directly to the contractors, once they sign that the job has been done , they pay the contractors and that has never happened before and this project are in place, are they trying to rubbish the fact that there is a railway from Abuja-Kaduna?
“There is no loan in Nigeria either internal or external that is not approved by the National Assembly, none. Chinese government will not even give you a loan without an approval by the National Assembly because if they give you a loan without the approval from NASS that is no loan,” he explained.
Reacting to fears by Nigerians that the country is being sold out to China because of the loans, Amaechi said ” when we stop collecting the loans, then we stop developing because there was no money by the time we came into government, by the time we came the money has been blown away”, he said.
Amaechi further said that the sovereign guarantee and sovereign immunity clause raised by the National Assembly was just a term used to ensure that loans collected were paid back and in the case of a default only the assets constructed with such a loan would be taken back.
According to him, even commercial banks would not give anybody a loan without an asset that can be used to pay back the loan collected, same with the Chinese loan or any other loan in the world.
Hear him, “What you do is you give a sovereign guarantee and that guarantee is the immunity clause they are talking about. When we say I give you a sovereign guarantee and we get immunity clause, the immunity clause is that if tomorrow am not able to pay you and you come to collect the items that we have agreed upon, that these are items that am putting down as guarantee, I can waive my immunity and say no you can’t touch it am sovereign country.
” So, they are saying if you are not able to pay, don’t stop us from taking back those items that will make us recover our funds, so is China our father that will give us money for free? It is a standard clause in every agreement whether is America we signed it with, whether is Britain, any country would want to know that they can recover their money.
“Anybody that is saying he doesn’t know what a sovereign guarantee or immunity is, too bad for the person, because it simply means in trade that I am not giving you this loan free of charge, just like you go to the bank to collect a loan, the moment you don’t pay they go after your assets you put down, that is all about the clause, the Chinese can never come and take over Aso rock and become President or Minister.
” And if the assets you put down become depreciated then you negotiate which assets they can go after. Chinese will never take over what was not constructed with the loan.”
Amaechi said it would be unconstitutional to take a loan not approved by the National Assembly, but for the issue of confidentiality in government he would have published the clauses generating the dusts.
“The National Assembly are aware of all these loans, we can’t take loan without the National Assembly, so ask why they are investigating? The Chinese is just asking us to show them the evidence that we will pay back which is the immunity clause. If we don’t pay, they can take back their assets,” he noted.
Speaking about the Zambia experience, where the country could not meet up with its loan agreement, the minister said that the Chinese government will never take over infrastructure that was not constructed from the money taken.
He also acknowledged that the finance ministry in a payment plan had started paying back some of the loans collected.
“The payment plan is the responsibility of the ministry of finance, ours is to implement the contract. They are meeting the requirements, at any point in time that we need to pay, we’ll pay, adding, “1.6 billion dollars was taken to fix Lagos to Ibadan, we are asking for 5.3 billion dollars to fix from Ibadan to Kano, 3.2 billion dollars to fix Port Harcourt to Maiduguri, then Lagos to Calabar which is about 11.1billion dollars, if those things were done when we had money, will we be here today? The answer is no.”
Amaechi who also called on the National Assembly and Nigerians to appreciate government effort in providing infrastructure said the Itakpe /Warri rail project in the South South which was abandoned for thirty four years by successive governments was fully rehabilitated by the present administration without seeking for loan.
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Imo North Senate Seat: The Dire Imperative For Continuity By Senator (Engr) Patrick Ndubueze For The Eleventh Senate
(By Jim C.Isilebo).
As the tempo of political activities hightens preceeding the conduct of 2027 General elections in the country,expectedly,all political actors jostling for one elective office or the other,have concurrently raised their preparation and maneuvers towards the actualization of their respective aspirations of being elected..
A cursory survey of the recent developments in Imo North Senatorial District of Imo state,is indicative of the emergence of various interest groups with all categories of individuals for her Senatorial seat presently occupied by one of the most valuable revelations of Nigeria’s 10th Senate, Distinguished Senator Patrick Chinwuba Ndubueze,a thorough bred and consumate professional engineer from Umualumoke Okigwe local government area of Imo state.
According to an Imo-born commentator on public affairs and age-long ally of the Senator,Chief Ethelbert Nwachukwu,whom over the years have monitored his political trajectory,this uncommon politician who was once a member of House of Representatives at a relatively young age of twenty eight,in the early nineties during the Abacha-aborted political experimentation of former head of state General Ibrahim Babangida,Ndubueze,commenced his quest of representing the people of Imo North Senatorial District,or Okigwe zone of a wider geographical space with his sojourn at DPN.
Ever seen then,he has perennially continued to make relentless efforts in virtually every election cycle towards actualizing his avowed target,despite advises from friends and associates to step down and take another shot at the lower house of Representatives.
Over the years,keen watchers of contemporary political development in Imo North Senatorial district will attest to the fact that on each of the occasions of his contest for this Senate seat,he won at both the primaries and main elections,but unfortunately was denied victory pronouncement by the notorious ‘Nigerian factor’.
But finally providence smiled at Ndubueze in the 2023 general election when his long-sort aspiration came to fruition as he emerged victorious at both the elections and courts.
At this juncture Senator Ndubueze being a resolutely committed Christian,in recompense for answered prayers to God made a vow to commit all his energy and resources towards a desirable and valuable stewardship to the good people of Okigwe Senatorial zone,as he immediately rolled up his sleeves and went to work which has yielded enviable dividends since the advent of the present political dispensation as shown below.
ROAD NETWORKS INFRASTRUCTURES
Senator Ndubueze, as an unsullied and home-bred politician,coupled with his professional training as a tested civil engineer, clearly understood the challenges of his people.
Following which he firmly pledged to his people during his electioneering campaign to do everything within the ambits of his powers,capability,and capacity to ensure that the key interconnecting roads in Okigwe zone were well captured in the Appropriation Acts.
He envisaged that if there is an intentional,honest and diligent pursuit in the execution implementation of these projects, it will bring communities within the zone much closer to one another,thus awakening their realisation of oneness.
In pursuant to this,during his short-lived tenure as Senate Committee Chairman on Works,Senator Ndubueze facilitated the capturing of several roads within the zone in the 2024 Appropriation Act,some of which are advanced completion stages, or about commencement at the moment.They include;
(i) Umuelemai-Ikpem-Orreh-Umualumoke-Enugu/PH Expressway(25km.Linking Isiala-Mbano,Ehime-Mbano,Onuimo,and Okigwe.
(ii) Ishinweke-Uboma-Ugwaka-Ezinnachi-Ogii-Enugu/PH Expressway(29 5kms).Linking Okigwe,Ihitte-Uboma & extending to Obowo.
(iii) Afor Umuna-Umuduruegbeaguru-Ndiadimoha road(13kms).Linking Okigwe and Onuimo.
(iv) Aba branch-Eke Ahiara-Okpala road.Linking Ehime- Mbano,Ahiazu-Mbaise,Abor-Mbaise & Ngor Okpala.
Complimentary to the above,Senator Ndubueze have also leveraged on his Vice-chairmanship of the Senate Committee on Niger Delta Development Commission (NDDC),to facilitate in capturing of some arterial road projects and other vital infrastructures as,Skills Acquisition Centers,Construction/Reconstruction of dilapidated schools infrastructure,Solar community lifgting projects,in their 2025/26 budgetary year.He is assidiously working towards the successfull processing and execution of these projects in the nearest future.
SPONSORSHIP OF BILLS & MOTIONS.
Being cognitive of the fact that conventionally the basic responsibility of the Legislature across the globe,ditto our National Assembly,is law-making.
Therefore Senator Ndubueze during his electioneering campaign resolutely reassured his constituents of their voices literally re-echoing oncemore at the floor of the Red chambers.
The Senator have never reneged on this promise as shown in his robust participation with constructive and vital inputs at both plenary and committee levels in the Senate over the last three years.
Comparative records available on a substantial percentage of his colleagues from the South East zone and nationally are clearly indicative of his excellent and commendable delivery in sponsorship, core-sponsorship of critical Bills and Motions.
Some of these Bills have been passed and accented by the President,whereas some are either awaiting Presidential accents or at their various stages of Bills passage.They include:-
*(A) Bills;*
(i) Project Development Agency(PRODA) Bill-2023(SB 49).
(ii) Public Partnership Regulatory Commission Bill-2023(SB 131)
(iii) National Road Fund Bill,2023(SB 60).
(iv) National Centre For Cancer Research & Treatment(Establishment) Bill 2024(SB 347).
(v) Federal University Okigwe,Imo state(Establishment)2024.
(vi) Federal Medical Centre (Ammendment)Bill 2023(SB-315).*Note*:Originated from the House,but aided speedy/ seamless Senate Concurrence.
(vii) Local Automative Industry Patronage Bill,2023(SB 315).
*(B)Motions(Sponsored/Co-sponsored)*.
(i) Need to investigate the controversial huge expenditures on Premium Motor Spirit(PMS)under the subsidy recovery regime of NNPC,11th July 2023(Sponsored).
(ii) Need to holistically investigate the disbursement of loans by Development Bank of Nigeria NIRSAL,and related banks to Micro, Small,and Medium scale Enterprises(MSME)in Nigeria from 2015 to date,12th July 2023.(Co-sponsored).
(iii) Collapse of Road Infrastructure in Nigeria, 19th July 2023.
(iv)Poor state of roads Infrastructure/menace of Gully Erosion in Nigeria,19th July 2023.(Co-sponsored).
(v) Condemnation of the disruptive nature of of ‘Sit-at-Home’ demonstrations in the South East,26th July 2023.
(vi) Urgent need to balance geo-political representation in ministerial appointments,7th August 2023.
(vii) Urgent need to withdraw from schools the book “Fundamentals of Civic Education for Basic 8(JSS2) by Shola Akinyemi,5th October 2023.
(viii) Urgent need to upgrade the Eastern Rail Line,traversing PH-Enugu-Maiduguri)from Narrow Gauge Rail, 15th November 2023.
(ix) Introduction of Food Stamps in Nigeria as interim measure to address Imminent food insecurity in the country, 21st February 2024.
JINX-BREAKING LEGACY PROJECTS.
Aside from all the major roads interconnecting the six local government areas of the state which Senator Ndubueze is consciously pursuing for eventual implementation,because on completion they will all outlive our generation,there are remarkable pivotal projects,he conceptualized to lift the entire zone off its current state as the least developed in Imo state.They are;
*(1)Greater Okigwe Regional Power Project*.
One key pivotal legacy projects that Senator Patrick Ndubueze will for ever be associated with by posterity and remembered for are his roles in addressing the age-long concerning electricity challenge that has bedeviled Okigwe zone for several years now. In a bid to resolving it, Senator Ndubueze from first day in office took,the Bull by the horns and embarked on the Greater Okigwe Regional Power Project in pursuit of solutions in synergy with various relevant Federal government agencies,robustly supported by his Excellency the governor of Imo state Senator Hope Uzodinma.
This multibillion naira venture pursuit by the Senator has eventually led to the awards and implementation of multiple contracts by different Electricity-related Federal government agencies,ie,Transmission Company of Nigeria(TCN) and FGN-Power Holding Company,resulting in errection of mega transmission towers with their complimenting power lines.
Just recently,the entire Okigwe people,Imolites and the adjoining state of Abia heartily heralded the arrival to Okigwe of the long-awaited gigantic 1/63MVA MOBITRA sub-station,which when eventually energised will turn around the development pace of the Senatorial zone.
*(2)Federal University Okigwe*
Cognitive of the fact that Okigwe Senatorial District is the only zone in Imo state without a full fledged University(state or federal),Senator Ndubueze promptly pushed for one on his assumption of office by presenting a Bill he had earlier conceptualized even before elected.
He assidiously and diligently followed it up from reading,passage and accent by Mr President, His Excellency Bola Ahmed Tinubu(GCFR),and also have not ceased in profusely appreciating the unquantifiable enormous contributions of His Excellency, the Executive Governor of Imo state,Senator Hope Uzodinma(GCON),in seeing this dream come to fruition.
This omnibus institution, which will attract multibillion naira investments into the zone from governmental and non-governmental organisations from within and outside the country on commencement will positively expedite a preponderance of positive economic activities,not only within its immediate location,but also the zone at large.
*(3)Ezinnachi Regional Grain Silo
In recent months, Senator Ndubueze have meaningfully engaged constructively with authorities of Federal Ministry of Agriculture on this abandoned Grain Silo sighted in Ezinnachi to serve the South East geopolitical zone.
The interactions which are yielding very positive results will lead to the relocation and expansion of the facility to more appropriate site.When completed,this will be of huge benefits to farmers within the zone that will put it to maximum utility.
It is worthy of note that on completion of these mega projects in the zone, they will on aggregate attract a whooping investment over two hundred billion *(N200billion)* to Okigwe zone,which is not by any standard a mean feat.
Therefore,it will be foolhardy and unimaginable for Okigwe people to trust the execution and conclusion of these critical infrastructures in the hands of individuals who are utterly alien and distanced from their conceptualization and direction,or understand the vision of their promoter,Senator Patrick Ndubueze.
HUMAN CAPITAL DEVELOPMENT.
In view of the intractable unemployment and under-employment challenges plaguing the country for a very long time,moreso as at affects his constituents,Senator Ndubueze, on assumption of office have been inundated daily will countless requests from his many of his ably qualified youths seeking for assistance in this regard or aided in undertaking improved skills re-tooling programs to face this daunting realities.
In striving to address this huge problems within his capacity, Senator Ndubueze have been spiritedly making attempts by exploring available opportunities within relevant Federal and state government ministeries,departments and agencies (MDA’s),all aimed at meaningfully engaging,empowering and employing the much in this overwhelming pool he can be able to assist.
Sequel to this, he has facilitated the following beneficiaries in gaining from the following efforts:
(i) International Capacity Building in China
BATCH-A.: “Seminar on Frontier Health Quarantine for officials of developing countries”.● Ekwebelem Isdore Ikechukwu.●Onyeka Gospel Tony Chinasa.●Ihekweme Mbazuike Anthony.
BATCH-B. “Seminar on Malaria control for developing countries”.●Iwuoha Chinedum Chimezie.●Eze Ndukauba.●Ogbonna Emmanuel Chidi.
BATCH-C: “Seminar on Law-based and Internationalised Business Environment for BRI countries.●Nwaudo Arinze Onyeonoro.
BATCH-D: “Seminar on Emergency Telecom Network for Developing Countries”.●Chigozie Samuel Onwuegbu.
BATCH-E: “Seminar on Agricultural Biotechnology for developing countries”.●Ezekwem Christopher Chukwudi.●Henry Chinedu Onwudiwe.
*(2)Federal Ministry of Steel Boot-Camp Training Program*.
As Chairman Senate Committee on Steel Development,Senator Patrick Ndubueze has leveraged on that opportunity to facilitate the participation of twenty-one(21) youths on the ministry’s one-month apprenticeship tutelage program at the Metalurgical Training Institute, Onitsha, in March 2025, after which they were all equipped with expendive specialised starter-packs to assist in their vocational take off.
The beneficiaries are;■ Ezeala Osinachi
Stanley.
■Ikechukwu Onyemaechi.
■Uwazurike Nzubechi Edith.
■Ezekwem Wilson Uchenna.
■Onyekaonwu Evans Obinna.
■Esilonu Uche Henry.
■Alisi Chukwuemeka Christopher.
■Ezekwem Chimezie Isdore.
■Ogbonna Patrick Santos.
■Osuji Ifeanyi.
■Okebata Isioma.
■Okafor Sandra.
■Onwe Chioma Lora.
■Onwu Onyedi.■
Ilo Chinwendu.
■Sopuruchi Uwa.
■Ozoemena Herbert.
■Oluchi Precious.
■Nzubechi Edith.
■Uwa Festus.
■Okenna Goodluck.
In addition to all the above,and within his first two years at the Senate,Engineer Patrick Ndubueze has also aided four (4) of his constituents skilled personnel in travelling to Kuwait and meaningfully engaged.
EMPLOYMENT/TRAINING IN MINISTRIES DEPARTMENTS & AGENCIES(MDA’s).
(a) *National Steel Council*.● Keke Elvis Nnaemeka.●Maduabuchi Ngozi Genevieve.●Mbiaka Kennedy Chinedum.●Ezekwem Christopher Chukwudi.●Chukwuma Cyril Chukwuebuka.●Madu Kingsley Ifeanyi●Igonor Rebecca Ufor.●Bekee Esther Chioma.
*(b).National Steel Raw Material Exploration Agency*.●Ike Phubian Nneka. ●Ebo Emeka Christopher. ●Ohaneje Chinonso●Onyemelusi Gabriel .●Ogechi Igwe. ●Nnanna Obinna.●Ike Justice Chigozie.
*(c) Nigerian Police Forcel(Officers Cadre)*●Akubuike Chinemerem Patrick. ●Oti Nzubechi Marcellus.●Anyanwu Deborah. ●Obialor Chinemerem Miriam. ●Onyejide Elizabeth.
*(d) Nigerian Navy(Officers Cadre)*■Anyanwu Divine.■Uche Bunny Chinua.■Wilson David Eyo.
*(e) Nigerian Army(Officers Cadre)*.●Dominic Chijindu Franklin.
*(f) Nigerian Police Academy*■Iwuozor Precious Udochukwu.
*(g)University of Agriculture & Environmental Sciences,Umuagwo Imo state (Employment)*●Ojiridike Ibe Steve. ●Egbulonu Uche.●Dr Irene Onwuegbute.
*(h) Federal University Teaching Hospital(former FMC)Owerri (Employment)*.●Dr Loveth Chibuka Onwuegbu.
*(i)National Assembly Services Commission*●Onyekaonwu Justina Nnenna.
DECEMBER 31ST 2024 OKIGWE MEGA EMPOWERMENT.
On the 31st of December 2024,Senator Ndubueze pulled off one of the most ambitious Senatorial empowerment programme since the advent of the current democratic dispensation in 1999.
The event which was witnessed by the the Executive Governor of Imo state His Excellency Senator Hope Uzodinma,his wife and a large of the state Executive and Legislative arms,saw Senator Ndubueze dispensing to lucky beneficiary-constituents first in the zone’s history large number of empowerment items as start-up aids or in support of their respective businesses.
The items include;●19 Mini buses.●10 Tricycles.●119 Grinding machines.●96 Sewing machines.●22 Power Generating sets.●23 Laptops. ●23 Refrigerators.●12 Motorcycles.
MISCELLANEOUS INTERVENTIONS.
(a) Embarked on distribution of 4000 bags of rice to less privileged and windows across the six local government areas of Okigwe.
(b)Procurement and installation of (500),five hundred solar-powered street lights in various communities in the zone.
(c) Facilitating the attraction of NCC base station with capacity to accommodate (7) seven networks to Okigwe.
In conclusion,some of the rare virtues of Distinguished Senator Patrick Chinwuba Ndubueze,that has aptly earned him the appellation as an “uncommon Senator” ,is his striking straightforwardness & bluntness in engagement on issues.
Ndubueze will hardly promise you what he clearly knows will have challenges in fulfilment and therefore stays safe without such commitments.
If you’re the type who believes that our political representatives should convert our infrastructural dividends to liquid cash for the purpose of freely dispensing same to attract followership like “Father Christmas” as against deploying it rightfully for the development of the generality of his constituents,you may find it difficult to be his fan.
In fact he once joked that….” if he was to appropriate to himself half the value of these mega projects he brought home and share it amongst his fans in the 64 wards of his constituency,he will be worshipped by them,but at the expenseof God’s wrath”.
He is also focused and resilient in pursuant of his set objectives.
Senator Ndubueze, who is a workaholic,also is comfortable living a basically simple & affordable lifestyle,which reflects in his non-flamboyant dressing mode,leisure,food and drinks.As a matter of fact,Ndubueze best drink is fanta orange,and sparingly takes quarter-glass of wine,amongst friends and associates.
Even the type of automobiles he opts to use are indicative of his life choice.Till date he happens to be about the only Senator in the National Assembly who has “stubbornly” stuck with his belief in patronising “Made in Nigeria” vehicles.
He proudly drives and parades his INNOSON SUV at work daily and everywhere he goes in Abuja,as an exemplification of identifying with the inherent principles of his Local Automative Industry Patronage Bill,which incidentally is in sync with Mr President’s promotion of “Nigeria First initiative”.
*Chief Isilebo,is a Consultant on Strategic Communication,and writes from Abuja, Nigeria*
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