August 2, 2020
Press Statement
Chinese Loan: APC Has Been Mortgaging Nigeria’s Sovereignty- PDP
The Peoples Democratic Party (PDP) says the revelation of obnoxious clauses in the agreements entered by the All Progressives Congress (APC) administration with their Chinese lenders in the $500 million loan, has vindicated our stand that the APC has been secretly mortgaging the sovereignty of our nation to benefit its selfish leaders.
The PDP reveals that its investigation showed that the mortgaging of our nation’s sovereignty to foreign lenders, including the exposed $500 million loan from China, has been with the active connivance of the APC as a party, even when such is against our national interest.
