China loans Nigeria the sum of $6billion and also agreed on currency exchange in other to increase the rate of Naira
This loan is ever ready once the Nigeria government identifies what exactly the money will be used for. that is part of the condition the Chinese government gave .
But i will also ask, is this fraud or a trap to get the Nigerian government ?
Because one of the things that keep disturbing me about this agreement is the free flow of yuan in and out of Nigeria, inclusion of it in their foreign reserve and a whole lot.
Nigeria be wise and careful.......
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