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Saturday 23rd October 2021,
Hope for Nigeria

Nigeria Did Not Sign Any Loan or SWAP Agreement With China. – Presidency.

Buhari China -Hope for Nigeria

The presidency has clarified that President Muhammadu Buhari did not sign or receive any loan from China, as his supporters reported over the week.

Buhari China -Hope for Nigeria

Presidential spokesman, Mr Femi Adesina in response to inquiries on whether the loan received from China by Nigeria was $2billion or $6billion loan stated that they signed no loan agreement.


He restated that Buhari did not sign any loan agreement with China nor take any loan during his recent visit to the Asian country.

The SWAP arrangement according to the Presidency and the information given to Hope For Nigeria is still at the discussion stage.




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