spot_img
spot_imgspot_img
October 22, 2026 - 3:03 PM

Isaac Fayose Questions Chinese Rail Loan Repayments Amid Infrastructure Concerns

—

Social commentator Isaac Fayose has raised concerns over Nigeria’s continued repayment of Chinese loans obtained during the administration of former President Muhammadu Buhari, questioning the current state of railway infrastructure linked to the borrowing. 

 

Fayose said in a video posted on social media that some of the railway projects sponsored by the last government have not delivered the intended long-term benefits, even after years of loan repayment.

 

READ MORE: Isaac Fayose Sparks Debate Over Taxes and Insecurity in Nigeria

 

The News Chronicle reports that Fayose, brother of former Ekiti State governor Ayo Fayose, also linked the situation to the country’s refinery rehabilitation projects, saying that Nigerians are still paying off loans related to the facilities, while many of the planned enhancements have not yet materialized.

 

He questioned the value of the borrowed money and demanded greater responsibility for running public infrastructure initiatives. His remarks have fueled online debates about government borrowing, project implementation, and transparency.

 

The allegations in the video, however, reflect Fayose’s own opinions and haven’t been independently confirmed by relevant government departments at the time of this report.

0 0 votes
Article Rating
Subscribe
Notify of
0 Comments
Oldest
Newest Most Voted

Share post:

Subscribe

Latest News

More like this
Related

2027: Gov Bala Mohammed Declares APM ‘Biggest Opposition’ in Nigeria

Bauchi State Governor Bala Mohammed has declared that he...

Zlatan and Davita’s wedding: Davido Arrives in Nigeria

Afrobeats singer Davido arrived in Nigeria on Thursday for...

MTN vows to tackle unwanted subscriptions, questionable third-party services

MTN Nigeria has pledged to sustain efforts to curb...

Imam Removed After Allegedly Campaigning for Tinubu Inside Bauchi Mosque

A mosque committee in Bauchi metropolis has removed an...
Join us on
For more updates, columns, opinions, etc.
WhatsApp
0
Would love your thoughts, please comment.x
()
x