• Expresses concern over opacity of procurement processes
•Insists Lagos ports do not need sovereign debt to be rehabilitated
Emmanuel Addeh in Abuja
Former Minister of Education and Solid Minerals, Obiageli Ezekwesili, Tuesday called on President Bola Tinubu to terminate the £746 million ports financing deal signed between Nigeria and the United Kingdom, describing it as opaque and potentially detrimental to the country’s fiscal future.
Ezekwesili, who raised the alarm about 152 days after the agreement was signed by Tinubu at Windsor Castle, said neither the Nigerian nor British government had publicly disclosed the terms of the deal, including its interest rate, repayment schedule and other key financial details.
