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Terms for Procuring Chinese Loans Dangerous, Reps Warn
The House of Representatives on Monday faulted the sovereignty clause in Nigeria’s loan agreement with China, saying it was dangerous.
The Chairman of the House Committee on Treaties, Protocols and Agreements, Nicholas Ossai, who stated this in Abuja at the investigative hearing on external loans and commercial agreements, said Nigeria’s loan agreement with the Asian country was being governed by Chinese laws.
He said despite the fact that the Federal Government in 2014 signed an Executive Order providing guidelines on waiver of sovereign immunity during loan and commercial agreement negotiations, Nigerian officials had been violating the order.
Members of the executive, who appeared before the committee were the Minister of Transportation, Rotimi Amaechi; Minister of Works and Housing, Babatunde Fashola; Minister of Communications and Digital Economy, Ali Pantami; Minister of Police Affairs, Muhammad Maigari; and Minister of the Federal Capital Territory, Mohammed Bello.
Others included the Director-General, Debt Management Office, Patience Oniha; Permanent Secretary (Special Duties in the Ministry of Finance), Aliyu Ahmed and Director, Legal Services, Gabriel Christopher, both representing the Ministry of Finance, Budget and National Planning.
Ossai, in his opening address, stated that the controversial clauses and agreements had been existing before the Muhammadu Buhari-led regime. He also stated that the probe was not about the ruling All Progressives Congress or the Peoples Democratic Party.
He also said the lawmakers’ probe was not limited to Chinese loans and commercial contracts. Ossai stated, “We will like Nigerians to know that we are not focusing on only Chinese loans. From what we know, Nigeria has over 500 bilateral loan/commercial contract agreements and investment treaties with different countries and institutions. There is no way the committee will do a thorough job without segmenting the issues based on countries, institutions or MDAs.
“The loan agreements we have seen so far show that government officials charged with the responsibility of representing Nigeria in these issues are more desperate to just take the loans at any condition, possibly using non-negotiated loan agreement templates rather than go through the rigour of diligent technical review of negotiating specific clauses with clarity and for national interest.”
The committee chairman said it was a common practice that most international loan agreements would adopt ‘sovereign guarantee’ and a neutral international arbitration centre.
He said, “Even in situations where countries, out of desperation and weak economic position, waive their national sovereignty in bilateral or contractual agreements, the immunity of sovereignty waiver clause will usually be clear and categorically state specific assets associated with the loans for takeover in the event of default.
“However, the immunity clauses in most of these agreements before us are not only ambiguous, but also very obscure and without recourse to the fact that the Nigerian government had issued a circular on the subject matter with Reference Number SGF/OP/1/S.3/X/1739, dated 11th August, 2014, which is an Executive Order, that provides guidelines on issues of waiver of sovereign immunity clause during loan and commercial agreement negotiations.”
According to Ossai, arbitration centres for bilateral loan agreements are known to be generally in neutral places, “unlike what we have in most of the Nigeria/China agreements where Hong Kong that is also governed by China laws was designated as the arbitration centre.”
He explained that government agencies sign commercial agreements in billions of dollars before going to the Federal Executive Council for approval to execute them.
Ossai stated that they proceeded to negotiate the terms of the loans before coming back to the President, who would be asking the National Assembly for approval for billions of dollars to do projects without attaching the negotiated loan and commercial contract agreements details.
The Punch
Former Senate President, Bukola Saraki, has said that the senate is an institution that needs to be protected, not an individual.
This was revealed on his X handle on Saturday in the aftermath of the ongoing backlash of the allegation of sexual harassment made by Senator Natasha Akpoti-Uduaghan on Arise TV in an interview against Senate President, Godswill Apkabio.
Akpabio’s wife filed a lawsuit against Senator Natasha at the Federal Capital Territory High Court, Abuja over alleged defamation and violation of her husband’s fundamental human rights.
Saraki expressed sadness over the development as he stated that the incident is already hurting the integrity, sanctity, image and public perception of the Senate as an institution.
“I believe that every person who has had anything to do with the National Assembly, particularly as a leader, member and worker should always jealously protect these values which make the institution, the numero uno among the three arms of government,” he said.
Saraki urged the two parties to sheath their swords and warned that supporters of both parties should be mindful of the impacts of their actions.
He advised that the instruments of law and parliamentary conventions should be adhered to in resolving the issue on the ground. He also called for an investigation of the matter by the Senate Committee on Ethics.
“At this point, with the public claims made by the Senator, the right measure to take is to institute an open, transparent and honest investigation by the Committee on Ethics, Privileges and Public Petitions,” he said.
“Both parties must submit to the investigation, fully cooperate with the committee, and stake their claims before it. This is not the first time a Senate President would appear before the Committee to aid it in the conduct of a transparent and open investigation.
“For me, the institution of the Senate is so important, sacred, and pre-eminent. All lovers of democracy should always work to strengthen it. No leader or member should be allowed to openly or surreptitiously work to subvert its sanctity.”
Former Vice President Atiku Abubakar has called for a thorough and impartial investigation into the explosive allegations of sexual harassment, intimidation, and mistreatment levelled against Senate President Godswill Akpabio, by Senator Natasha Akpoti-Uduaghan.
In a statement shared on his official Twitter handle on Friday, Atiku stressed that the gravity of these claims demands immediate and transparent action.
“Like millions of Nigerians, I watched with deep concern this morning as Senator Natasha Akpoti-Uduaghan raised serious allegations of sexual harassment, intimidation, and mistreatment against the Senate President, Godswill Akpabio,” Atiku said.
He talked about the need for a credible investigation to protect the integrity of the Nigerian Senate and uphold the values of justice and accountability.
“These allegations are grave and deserve a thorough, impartial, and transparent investigation,” he stated.
Atiku reminded Nigerians that the Senate, as the legislative arm of government, represents the people’s voice.
“For that reason, its leaders must embody integrity and respect for the offices they hold.
“As the third most powerful figure in the country, the Senate President should embody unimpeachable character,” he added.
Beyond the political implications, Atiku highlighted the far-reaching impact of sexual harassment on women’s participation in governance and national development.
“Sexual harassment in the workplace is a significant barrier to women’s advancement and, by extension, the nation’s progress. Allegations of such misconduct should never be simply dismissed, particularly when they involve a public officer with immense power, influence, and responsibility,” he said.
Atiku warned that how this case is handled will send a strong message about Nigeria’s commitment to justice, fairness, and gender equality.
The former VP also pointed out the urgent need to create a safe and supportive environment for female legislators, especially given their underrepresentation in the Senate.
“With only four women currently serving in the Senate, it is imperative that we foster an environment where female legislators can serve without fear of harassment or intimidation,” he said.
The allegations by Akpoti-Uduaghan have sparked widespread reactions across the country, with civil society organizations and gender rights advocates demanding swift and decisive action.
Headlines
Abiola Cannot Be Recognised As Former President; He Was Never Sworn-in – Gen Ishola Williams
By Eric Elezuo
One of the prime actors of the June 12, 1993 incidents, General Ishola Williams, has said that much as Chief MKO Abiola wrong was created having won the election, and denied victory, he cannot be recognized as a former President of Nigeria.
Gen Williams made his revelation while speaking as a guest on Channels television socio-political programme, Inside Source.
He maintained that only those who were sworn in that recognised as former presidents, and Abiola was never sworn in.
“Abiola cannot be recognised as former president because he was never sworn in.
The General, who said that he resigned from the army as a result of the wholesome reception given to General Sani Abacha, when he overthrew Chief Ernest Shonekan-led Interim National Government, contrary to expectation, also picked flaws in the narratives given by former Military President Ibrahim Babangida, in his recently launched book, A Journey In Service.
Williams rose in the army to become the Commandant of Army Signals, Commander of Training and Doctrine (TRADOC) and Chief of Defence Training and Planning, from where he resigned.
