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FoI: SERAP asks finance minister to disclose details of spending on failed $460m CCTV, other Chinese loans

FoI: SERAP asks finance minister to disclose details of spending on failed $460m CCTV, other Chinese loans

By Olasunkanmi Akoni

Socio-Economic Rights and Accountability Project (SERAP) has asked Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, to urgently provide information on the total amount of money paid to contractors from the $460 million loan obtained in 2010 from China to fund the apparently failed Abuja Closed-Circuit Television, CCTV.

In a letter based on the strength of Freedom of Information, FoI, SERAP added that the Federal Government has continued to re-pay loan for the contract.

Continue reading FoI: SERAP asks finance minister to disclose details of spending on failed $460m CCTV, other Chinese loans at Vanguard News.


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