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updated 10:20 AM UTC, Dec 13, 2023

Reno Omokri Warns Brazilian Government Against Granting $1.2 Billion Loan To Nigeria

Unic Press UK: Reno Omokri, a former special assistant to immediate past Nigerian president Goodluck Jonathan, has told the Brazilian government that Nigeria would challenge any loans granted to the Buhari administration by Brazil.

Omokri’s reaction follows the news that the Nigeria government is seeking parliamentary approval to borrow $1.2 billion from Brazil.

In a tweet Thursday, addressed to Brazilian president Jair Bolsonaro, Omokri said:

“This is to put the Republic of Brazil, on notice that if you lend money to General @MBuhari’s government, any future Nigerian government will mount a vigorous campaign to repudiate it.”

The alleged moves for a loan was made public by the Minister of Finance, Budget and National Planning, Zainab Ahmed, during a meeting Tuesday with the House of Representatives Committee on Finance.

“For borrowing to improve industry, we are before the parliament. I request for the approval for loan that we call the Green Imperative Programme which is for loan of $1.2 billion from the Brazilian government”, the minister said..

Ahmed added that the Green Imperative Programme would address the whole of agricultural value chains from mechanisation, production, processing and selling.

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