Be careful with Chinese Loans, Bolaji Akinyemi warns Tinubu
Politics tamfitronics Bolaji Akinyemi, a former Minister of Foreign Affairs, has cautioned the President Bola Tinubu administration to be careful with Chinese loans.Akinyemi, who was a guest on Channels Television’s Sunday Politics programme, warned that Tinubu could not afford to repeat the mistakes of successive administrations in the country.The octogenarian said: “Of course, we should be careful but don’t isolate the debt to China. There are also debts we owe the United States, there are also debts we owe even some of the medium-power countries.“What we need to do is to be careful about two things: one, we shouldn’t default on that debt. A month before this African-Chinese Summit, Nigerian Sovereign Goods were being impounded all around the world at the instigation of a Chinese company.‘I spent N20,000 in a day’, Joe Igbokwe asks Tinubu...