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China To Relinquish Nigeria's Assets Over Unpaid Loans

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China To Relinquish Nigeria's Assets Over Unpaid Loans

Numerous market analysts has expressed dread that Nigeria would lose its assets over unpaid debts.

"Review, China held onto a portion of Zambia's asset like ZESCO, a power utility company, and will likely hold onto Kaunda international Airport. Kenya is likewise in danger of unpaid debt, China may assume responsibility for Mombasa".

"Nigeria is currently 90% in danger of losing its assets in light of the fact that the nation owe more cash to China," Prof. Isaac Francis said.
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