How Buhari’s $2 Billion Chinese Loan Puts Nigeria At Risk

About Hope for Nigeria Online and downloads here: http://www.hopefornigeriaonline.com/ About this weeks episode: Amid Nigerian President Muhammadu Buhari’s visit to Beijing this week, Foreign Minister Geoffrey Onyeama announced that China has offered Nigeria a $6 billion loan to pay for infrastructure projects.President Buhari aims to increase spending on public works projects as a means of kickstarting economic growth. Nigeria is facing its worst economic crisis in decades as low global oil prices continue to hit public finances in the crude-exporting country.Meanwhile, Finance Minister Kemi Adeosun said on April 9 that she is forecasting a budget deficit of 2.2 trillion naira ($11 billion) in 2016, and stressed the need for fiscal discipline. The forecast comes amid increasingly negative economic indicators. READ MORE: http://www.hopefornigeriaonline.com/buharis-2-billion-chinese-loan-puts-nigeria-risk-forbes-report-must-read/ WEBSITE & NEWSLETTER: • More Free information and updates here: About Hope for Nigeria Online and downloads here: http://www.hopefornigeriaonline.com/ About this weeks episode: WEBSITE & NEWSLETTER: • More Free information and updates here : http://www.hopefornigeriaonline.com/about-us/ • Subscribe to Hope for Nigeria Online Newsletter: http://www.hopefornigeriaonline.com/ SCHEDULE Hope for Nigeria Forum http://www.hopefornigeriaonline.com/forum/ Hope for Nigeria Videos http://www.hopefornigeriaonline.com/videopage/ Hope for Nigeria Updates http://updates.hopefornigeriaonline.com/ Hope for Nigeria on Facebook https://www.facebook.com/hopefornigeria/?ref=bookmarks I love Nigeria https://www.facebook.com/ilovenigeriaupdates/ Recommended Youtubers, Videos & Channels https://www.youtube.com/user/hopefornigeria LIKED: https://www.youtube.com/playlist?list=LLWFCtNC5dUPlm0zSUt3ztlA POPULAR VIDEOS: https://www.youtube.com/watch?v=1xynyvb1DEo&list=PUWFCtNC5dUPlm0zSUt3ztlA RECENT VIDEOS: https://www.youtube.com/user/hopefornigeria/videos?shelf_id=3&sort=dd&view=54 Feel free to donate: Bitcoin:1KXy9V7rJGGbbYahQdjmBd8nMrMoSiV3FN Litecoin:LP9Ec63UnBPJCujzTxT1d897oBJ1GabH2L Dogecoin:DHuD8vCMffL5dDXmVnYQtFNwMj3BFsHcGv Paypal: LET'S CONNECT! Hope for Nigeria Online Accounts: LIKE US ON FACEBOOK http://www.hopefornigeriaonline.com/LikeUs WEBSITE http://www.hopefornigeriaonline.com/onfacebook SUBSCRIBE TO YOUTUBE http://www.hopefornigeriaonline.com/youtube FOLLOW US IN TWITTER http://www.hopefornigeriaonline.com/Twitter RESOURCES: AMAZON - READERS LISTS: