The House of Representatives has commenced moves to subject all agreements entered into by the Nigerian government with foreign countries or companies to proper legal scrutiny before they become effective in the country. The House is worried by the draconian clauses discovered in the Chinese loan agreements, especially those ceding sovereignty of the country. A bill to repeal the Treaties Act of 2004 and replace it with a Treaties Act 2020 which will make the Ministry of Justice a depository of all Treaties and agreement and subject them the approval…
Read MoreChinese Loans: Reps move to amend Treaties and agreement Act, decry draconian clauses
