China To Relinquish Nigeria's Assets Over Unpaid Loans

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.