https://thecitizenng.com/nigeria-dumps-china-shops-for-new-lenders-to-finance-ibadan-kano-rail-project/ Nigeria's leading online newspaper Fri, 11 Jun 2021 17:17:52 +0000 hourly 1 https://wordpress.org/?v=6.9.4 https://thecitizenng.com/nigeria-dumps-china-shops-for-new-lenders-to-finance-ibadan-kano-rail-project/#comment-49353 Fri, 11 Jun 2021 17:17:52 +0000 https://thecitizenng.com/?p=209135#comment-49353 For these Rail projects and others, Nigeria should seek loans from internal sources (from either retail or institutional investors) before external sources. This way, the interests paid can be reinvested into the economy for national development. Most internal bonds raised by Nigeria have been oversubscribed. We should maximize our internal potential first.

]]>