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China Loans Nigeria $328 Million To Boost Telecoms - Printable Version

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China Loans Nigeria $328 Million To Boost Telecoms - Edoman - 09-02-2018

President Muhammadu Buhari on Saturday arrived in Beijing, China for the 7th Summit of the Forum on China —Africa Cooperation.

China’s Exim bank will lend Nigeria $328 million towards improving the west African country’s telecoms infrastructure, Nigeria’s presidency said on Saturday, at the start of a six-day visit by President Muhammadu Buhari to the country.

Poor telecoms are a major challenge for businesses operating in Nigeria, which is Africa's largest oil producer, most populous country and has one of the continent's largest economies.

The agreement, the latest in a number of Chinese loan facilities to Nigeria since Buhari took office in 2015, comes as Beijing seeks to deepen its ties in Africa.



News Source: https://www.nigeriapen.com.ng/china-loans-nigeria-328-boost-telecoms-148562/

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RE: China Loans Nigeria $328 Million To Boost Telecoms - Edoman - 09-02-2018

Do we think this government has foresight?





Three Weeks Ago, Buhari's Government Shared $322m Recovered Abacha Loots.


Today, Buhari Is Asking For a Soft Loan of $328mn from Chinese Govt to Develop ICT Infrastructure.




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RE: China Loans Nigeria $328 Million To Boost Telecoms - trustangel - 09-02-2018

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RE: China Loans Nigeria $328 Million To Boost Telecoms - Edoman - 09-02-2018

(09-02-2018, 06:36 PM)trustangel Wrote: [Image: 40844997_2139264842772728_28396391197667...e=5C26E739]

Which one is the stupid post????



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