Nothing Bad In Borrowing For Infrastructure – Lai Mohammed

Minister of Information and Culture, Alhaji Lai Mohammed has expressed that there is nothing wrong with the federal government taking from China for infrastructure.

According to the Minister, the Chinese loans are justified as the government is spending the funds on major infrastructural developments around the country.

Alhaji Mohammed made the disclosure on Saturday while speaking during an inspection tour at the construction site of the Lagos-Ibadan Standard Gauge Rail Project in the company of the Minister of Transportation, Rotimi Amaechi.

He expressed that there is nothing wrong with borrowing for the rail project which he stated will create employment opportunities.