Reps kick, as Nigeria repays $460m Chinese loan for failed Abuja CCTV project

The House of Representatives Committee on Finance has demanded further explanations on the $460m Abuja CCTV project from the Ministry of Finance.

Chairman of the committee, Rep. James Faleke (APC-Lagos), at a budget defence session with the ministry on Thursday in Abuja, said there was the need for Nigerians to get value for monies paid.

“Before this administration, we collected some loans and the one that strikes me the most is the $460m for CCTV installation in Abuja.