Is China plotting a takeover of Nigeria’s critical assets as debt repayment? Fact emerges

Is China plotting a takeover of Nigeria’s critical assets as debt repayment? Fact emerges

China’s ambassador to Nigeria, Cui Jianchun has allayed fears that his country is planning to take over Nigeria’s assets as repayment for loans borrowed, Daily Nigerian reported. 

The Chinese ambassador made this known on Thursday, September 22 in Abuja while receiving the Chinese Special Representative on African Affairs, Liu Yuxi to Nigeria’s Minister of State for Foreign Affairs, Zubairu Dada.  

It was gathered that the meeting was meant to foster a healthy relationship in strong bilateral relations between Nigeria and China. Jianchun noted that the relationship between China and Nigeria is on the premise of mutual trust while his country does not intend to effect the seizure of Nigeria’s critical assets as repayment for the loan it has borrowed. 

More

Leave a Reply

Your email address will not be published. Required fields are marked *

Is China plotting a takeover of Nigeria’s critical assets as debt repayment? Fact emerges

 

Log In

Or with username:

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.