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China Loan: China To Take Over Nigeria After Establishing Military Base In Africa – Yul Edochie
Yul Edochie, a Nollywood actor, is concerned about China’s loans to Nigeria and other African nations.
The actor asserted that although people are preoccupied with unimportant topics, China has finalized plans to annex various African nations, including Nigeria.
Therefore, China has finished plans to annex numerous African nations, including Nigeria, while many of you are occupied keeping tabs on and debating how many women Yul Edochie married and why he shouldn’t, which is none of your business. And if that occurs, we just revert to being slaves, he asserted in a post on Instagram on Thursday.
Before now, President Muhammadu Buhari had defended his government’s decision to source loans from China, saying anyone willing to help Nigeria’s infrastructure is welcome.
“We take that (loans) where it is necessary. I told you now of something, what it is used to be between Lagos and Ibadan alone not to talk of the rest of the country.
“But we got the Chinese to help us in the rail and the roads, how can we turn that down? If we had turned that down, maybe between Lagos to Ibadan, you will have to walk.
“So, the Chinese are welcome, anybody that is prepared to come and help us and our infrastructure to do the roads, the rail, and power will be welcomed,” Buhari said in a January interview with Channels Television.
Nigeria has borrowed $2.02 billion as loans from China from 2015 and the country’s debt portfolio from China has risen to $3.40bn as of March 31, 2021, according to data from the Debt Management Office (DMO).