Local Newspaper in Uganda reported that the government of President Yoweri Museveni has surrendered the only International Airport and other government assets to Chinese government over inability for the Africa country to pay back the money borrowed from China.

Daily Monitor newspaper in its report captioned; “Uganda Surrenders Only International Airport Over China Unpaid Cash” quoted the Uganda Civil Aviation Authority as saying Uganda only International Airport, Entebbe is exposed to a potential take over by China if the provisions in a financing agreement between the two countries are not amended.

Uganda in 2015 signed a deal with China Exim-Bank for a 207 million dollar loan to expand Entebbe International Airport and the Uganda government said to have waived international immunity to secure the loan.

The waiver gave China the rights to take over the airport without international protection or limitation.

Nigeria currently owes more than one trillion naira to China for the construction of motorable roads and railway and purchase of trains.

Nigeria Debt Management Office puts Nigeria debt profile as at June 30, 2021 at 86.5 billion dollar representing 35.4 trillion naira on the basis of 410 to a dollar exchange rate.

The statement from the Uganda Civil Authority is coming when the nation’s government officials fail to secure a new deal with China over possible renegotiation of the terms of contract or loan agreement.

Uganda Government ministers were reportedly under fire for the botched deal, with Finance Minister Matia Kasaija apologizing to parliament last week for the “mishandling” of the loan.

Work level at the airport, built in 1972, shows 75.2 per cent completion with two runways.

Uganda Civil Aviation Authority in its latest bulletin on its website said the Entebbe International Airport which is Uganda only international airport handles over 1.9 million passengers per year.

Osazuwa Akonedo

Osazuwa Akonedo is a Nigerian media professional, author, and consultant. His work spans various sectors of communication and literature: Journalism and Media: He is the founder of OsazuwaAkonedo, which focuses on news analysis and commentary. He also provides consultancy services in media and banking. Literature: He is a published playwright and author of Nigerian literature. One of his notable works is the drama titled The End Shall Tell: What Exam Malpractice Can Cause, which addresses educational and social issues in Nigeria. Reporting: He frequently reports on regional news, particularly concerning Edo State and broader Nigerian current affairs. Credit: Google Gemini AI Mode Osazuwa Akonedo is a Nigerian media creator, journalist, and entrepreneur who engages audiences via news reporting, social media content, music, and a mobile application. Professional Background and Company Osazuwa Akonedo is associated with OSAZUWAAKONEDO LIMITED, a company registered in Nigeria that operates in media consultancy and news services  The company is headquartered in Benin City, Edo State, Nigeria, and has been active in publishing news in various formats including text, audio, video, and photos  Social Media and Online Platforms Osazuwa Akonedo maintains a strong online presence on several platforms: TikTok: Shares news updates and reports, for example, covering police operations in Nigeria  YouTube: Operates a channel where he uploads videos on current affairs and news content  Twitter/X: Active under the handle @akonedo_osazuwa, posting updates on events and news  Facebook: Profiles listing his connection to news and media activities can be found on Facebook  Mobile App: Offers a dedicated mobile application for news access through Google Play (Osazuwa Akonedo News App) providing text, video, and photo news formats  News Reporting and Content He produces news content covering national and local stories, including criminal activities, government updates, and investigative reports   His reporting spans multiple formats, making it accessible to a wide audience through online platforms, mobile apps, and social media  Other Contributions In addition to journalism, Osazuwa Akonedo has also ventured into audio releases, such as “Former Justice Minister Abubakar Malami Begs Nigerians For Justice” released on January 25, 2026   He also hosts podcasts documenting significant events, e.g, NDLEA arrests related to historical criminal cases  Summary Osazuwa Akonedo is a multifaceted media professional engaged in journalism, social media content creation, music, and technology via his news app. He utilizes platforms like TikTok, YouTube, Twitter/X, Facebook, and mobile applications to disseminate news and reach audiences both locally and internationally Credit: Azure AI

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