By Merciful Omoba
The House of Representatives has resolved to investigate the $460 million Chinese loan obtained by the administration of former President Goodluck Jonathan for the installation of CCTV cameras across the Federal Capital Territory (FCT).
The resolution followed a motion of urgent public importance moved by Hon. Amobi Ogah, representing Isuikwuato/Umunneochi Federal Constituency of Abia State, during Wednesday’s plenary.
Ogah noted that despite the huge loan secured from the China-EXIM Bank in 2010 and awarded to ZTE Communications of China, the project was never executed, yet Nigeria continues to service the debt.
He lamented that insecurity in Abuja has worsened despite the investment, describing the situation as “a lose-lose nightmare” for the country.
Contributing to the debate, lawmakers including Hon. Billy Osawaru and Hon. Ahmed Jaha called for accountability, stressing the need to uncover how the funds were spent and why the CCTV cameras remain non-functional.
The House thereafter resolved to set up an ad-hoc committee to investigate the status of the project and report back for further legislative action.
