How much money does Nigeria owe China? ...Middle East

Quartz - Economy

Nigeria and China mark their golden jubilee of official relations in 2021, having established diplomatic ties in 1971.As trade and investment have grown, so has lending, leading to an increased focus on the balance of the bilateral relationship. Nigerian president Muhammadu Buhari has at times had to deny that his country was too reliant on Chinese debt.But the public debate about the level of Nigeria’s indebtedness to China, including claims that Abuja is risking its sovereignty, is one that is never too far from the limelight. Our fact-sheet looks at the size of current debt.Read the rest of this story on qz.com. Become a member to get unlimited access to Quartz’s journalism.

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Last updated : 11 April 2021 clock 12:16 PM

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How much money does Nigeria owe China? ...Middle East

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