Is debt crisis really the reason for Nigeria seeking loans from Europe?

Tribune Online Is debt crisis really the reason for Nigeria seeking loans from Europe? Last week welcomed the 51st anniversary of Nigeria and China diplomatic relations. However, such an event was dampened following recent statements by Nigeria’s Transport Minister, Rotimi Amaechi, who implied there was a significant shift in a crucial aspect of the relationship–infrastructure finance. Indeed, Amaechi declared; “we are stuck with lots of our projects because we […] Is debt crisis really the reason for Nigeria seeking loans from Europe? Tribune Online

Mar 18, 2022 - 05:27

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Tribune Online
Is debt crisis really the reason for Nigeria seeking loans from Europe?

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Last week welcomed the 51st anniversary of Nigeria and China diplomatic relations. However, such an event was dampened following recent statements by Nigeria’s Transport Minister, Rotimi Amaechi, who implied there was a significant shift in a crucial aspect of the relationship–infrastructure finance. Indeed, Amaechi declared; “we are stuck with lots of our projects because we […]

Is debt crisis really the reason for Nigeria seeking loans from Europe?
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