Repayment Default News Today

    Let us start with definitions. So, quoting from IDnow online: A Politically Exposed Person (PEP) is someone who, through their position or influence, is more susceptible to being involved in bribery, money laundering or corruption. This is usually someone who has been entrusted with a prominent public function in a government or international organization. Close business associates and family members are also considered PEPs.  

Nigeria is hanging on a Repudiated and illegitimate 1999 Constitution, so any lender, whether it be China or Europe (or any other country) will have to bear the consequences of lending to a Disputed Project. Due to that imposed 1999 Constitution, Nigeria has now finally collapsed. Do not let it crash out!