Nigeria, IMF and Chinese loans
Nigeria has once more featured in less than flattering light in the lens of the International Monetary Fund . While addressing the IMF/World Bank Spring Meeting in Washington USA during the week, the Director of IMF Monetary and Capital Markets Department, Mr Tobias Andrian cautioned Nigeria and other countries that have taken loans from China, to consider the terms of such transactions, especially when such do not tally with the prescriptions of the Paris Club arrangements.
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