A $460 million Chinese loan promised to make Abuja safer, but the CCTV cameras never worked.
In 2010, former President Jonathan’s government secured the loan from China EXIM Bank.
Chinese Loan Birth Unfinished CCTV Project
Then, a Chinese firm, ZTE Communications, won the contract after Olusegun Aganga signed a Memorandum of Understanding in Beijing.
Furthermore, the $460 million formed part of a $600 million credit facility, which Nigeria must repay after ten years.
However, years later, the government has left the CCTV project unfinished, yet continues servicing the debt.
Consequently, on Wednesday, Amobi Ogah moved a motion in the House demanding an urgent investigation.
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His motion, titled “Need to investigate rising insecurity in Abuja despite $460 million CCTV project,” drew immediate attention.
Ogah warned that the situation represents a “lose-lose nightmare” for Nigeria’s finances and public safety.
He emphasised, “Despite heavy investment, the CCTV cameras remain non-functional, while violent crimes continue rising.”
Public Awaits Answers
As a result, the House adopted the motion and instructed committees to investigate how the government used the loan and the project’s current status.
Now, Nigerians wait anxiously to see whether the inquiry will reveal missing cameras and misused public funds.
