TFIPOST हिन्दी
TFIPOST Global
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    SCO Summit: Ajit Doval to Corner Pakistan, Gauge China’s Stance

    India-China Reset in Motion: Doval-Wang Talks in Beijing

    J&K High Court Orders Repatriation of Pakistani Woman Deported Post Pahalgam Crackdown

    J&K High Court Orders Repatriation of Pakistani Woman Deported Post Pahalgam Crackdown

    Defence Minister Rajnath Singh

    Rajnath Singh Couldn’t Perform His Mother’s Last Rites: A Silent Tragedy of Emergency Era

    Congress Defends Rahul's foreign Trip

    BJP Slams Rahul Gandhi’s ‘Frequent Disappearances’ as Congress Defends foreign Trip

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    India’s Economic Engine Accelerates

    India’s Economic Engine Accelerates: S&P Projects 6.5% GDP Growth for FY26

    US-Iran Tensions Shake Global Markets

    US-Iran Tensions Shake Global Markets; Oil Prices Surge and Safe-Haven Assets Rise

    What Is a Demat Account? Use It With an Online SIP Calculator to Maximize Returns

    What Is a Demat Account? Use It With an Online SIP Calculator to Maximize Returns

    India Makes Global Strides in QS Rankings 2026 with Record 54 Institutions

    India’s Education Sector Makes Global Strides in QS Rankings 2026 with Record 54 Institutions

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    A Timely Push For Self-Reliance Amid Strategic Tensions

    India Flexes Muscle: 28 DRDO Weapons Cleared for Emergency Defense Procurement

    ICRA’s analysis highlights that defence companies are benefitting from strong execution progress

    India’s Defense Sector Set for 15–17% Growth in FY26: ICRA Report

    India’s Hypersonic Glide Missile Nears Completion, Says DRDO Chief

    India’s Hypersonic Glide Missile Nears Completion, Says DRDO Chief

    British F-35 Fighter Jet Stranded: Technical Glitch Grounds Stealth Aircraft

    British F-35 Fighter Jet Stranded in India for 4 Days: Technical Glitch Grounds Stealth Aircraft

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    india greece ties

    Operation Sindoor Notes Exchanged? IAF Chief’s Visit to Greece Strengthens Bilateral Defence Ties

    Pakistan Army Chief Allegedly Helped US Against Iran

    Pakistan’s Asim Munir Helped US Against Iran, Raising Questions About Loyalty to the Muslim Ummah

    FATF’s Rare Public Censure of Pahalgam Attack Strengthens India’s Case Against Pakistan

    FATF Flags India’s 2020 Seizure of Missile-Bound Tech Headed for Pakistan

    SCO Summit: Ajit Doval to Corner Pakistan, Gauge China’s Stance

    SCO Summit: Ajit Doval to Corner Pakistan, Gauge China’s Stance

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    death anniversary of shyama prasad mukherjee

    From Sacrifice to Sovereignty: How Modi’s India Is Realizing Shyama Prasad Mukherjee’s Vision

    Rohith Vemula Bill Sparks Outrage Over Flawed Premise and Vote-Bank Politics

    Karnataka’s Rohith Vemula Bill Sparks Outrage Over Flawed Premise and Vote-Bank Politics

    Kamakhya Devi Temple- Ambubachi Mela

    Where the Goddess Bleeds: Inside the Sacred Mysteries of Kamakhya Temple

    Yoga as India's soft power

    As the World Bends, India Leads: Yoga Day and the Quiet Strength of Soft Power

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    The Digital Gaming Wave and Its Role in India’s Economic Growth

    The Digital Gaming Wave and Its Role in India’s Economic Growth

    mistakes to avoid during yoga

    6 Common Yoga Mistakes to Avoid for a Better Practice

    Yoga as India's soft power

    As the World Bends, India Leads: Yoga Day and the Quiet Strength of Soft Power

    Troubleshooting LED Power Supply Issues: A Step-by-Step Guide

    Troubleshooting LED Power Supply Issues: A Step-by-Step Guide

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
Tfipost.com
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    SCO Summit: Ajit Doval to Corner Pakistan, Gauge China’s Stance

    India-China Reset in Motion: Doval-Wang Talks in Beijing

    J&K High Court Orders Repatriation of Pakistani Woman Deported Post Pahalgam Crackdown

    J&K High Court Orders Repatriation of Pakistani Woman Deported Post Pahalgam Crackdown

    Defence Minister Rajnath Singh

    Rajnath Singh Couldn’t Perform His Mother’s Last Rites: A Silent Tragedy of Emergency Era

    Congress Defends Rahul's foreign Trip

    BJP Slams Rahul Gandhi’s ‘Frequent Disappearances’ as Congress Defends foreign Trip

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    India’s Economic Engine Accelerates

    India’s Economic Engine Accelerates: S&P Projects 6.5% GDP Growth for FY26

    US-Iran Tensions Shake Global Markets

    US-Iran Tensions Shake Global Markets; Oil Prices Surge and Safe-Haven Assets Rise

    What Is a Demat Account? Use It With an Online SIP Calculator to Maximize Returns

    What Is a Demat Account? Use It With an Online SIP Calculator to Maximize Returns

    India Makes Global Strides in QS Rankings 2026 with Record 54 Institutions

    India’s Education Sector Makes Global Strides in QS Rankings 2026 with Record 54 Institutions

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    A Timely Push For Self-Reliance Amid Strategic Tensions

    India Flexes Muscle: 28 DRDO Weapons Cleared for Emergency Defense Procurement

    ICRA’s analysis highlights that defence companies are benefitting from strong execution progress

    India’s Defense Sector Set for 15–17% Growth in FY26: ICRA Report

    India’s Hypersonic Glide Missile Nears Completion, Says DRDO Chief

    India’s Hypersonic Glide Missile Nears Completion, Says DRDO Chief

    British F-35 Fighter Jet Stranded: Technical Glitch Grounds Stealth Aircraft

    British F-35 Fighter Jet Stranded in India for 4 Days: Technical Glitch Grounds Stealth Aircraft

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    india greece ties

    Operation Sindoor Notes Exchanged? IAF Chief’s Visit to Greece Strengthens Bilateral Defence Ties

    Pakistan Army Chief Allegedly Helped US Against Iran

    Pakistan’s Asim Munir Helped US Against Iran, Raising Questions About Loyalty to the Muslim Ummah

    FATF’s Rare Public Censure of Pahalgam Attack Strengthens India’s Case Against Pakistan

    FATF Flags India’s 2020 Seizure of Missile-Bound Tech Headed for Pakistan

    SCO Summit: Ajit Doval to Corner Pakistan, Gauge China’s Stance

    SCO Summit: Ajit Doval to Corner Pakistan, Gauge China’s Stance

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    death anniversary of shyama prasad mukherjee

    From Sacrifice to Sovereignty: How Modi’s India Is Realizing Shyama Prasad Mukherjee’s Vision

    Rohith Vemula Bill Sparks Outrage Over Flawed Premise and Vote-Bank Politics

    Karnataka’s Rohith Vemula Bill Sparks Outrage Over Flawed Premise and Vote-Bank Politics

    Kamakhya Devi Temple- Ambubachi Mela

    Where the Goddess Bleeds: Inside the Sacred Mysteries of Kamakhya Temple

    Yoga as India's soft power

    As the World Bends, India Leads: Yoga Day and the Quiet Strength of Soft Power

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    The Digital Gaming Wave and Its Role in India’s Economic Growth

    The Digital Gaming Wave and Its Role in India’s Economic Growth

    mistakes to avoid during yoga

    6 Common Yoga Mistakes to Avoid for a Better Practice

    Yoga as India's soft power

    As the World Bends, India Leads: Yoga Day and the Quiet Strength of Soft Power

    Troubleshooting LED Power Supply Issues: A Step-by-Step Guide

    Troubleshooting LED Power Supply Issues: A Step-by-Step Guide

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
No Result
View All Result
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
  • Economy
  • Defense
  • Geopolitics
  • Knowledge
  • Law
  • Lounge

‘Won’t let China colonise us,’ Nigeria could soon shatter China’s BRI dreams in Africa

Abhinav Singh by Abhinav Singh
18 August 2020
in Africa
Nigeria, China, Africa
Share on FacebookShare on X

China’s sinister ‘Debt-trap diplomacy’ in Africa is unravelling new hidden truths every day. The opposition party in Nigeria has unearthed a hidden clause in one of the shark-loans of China that might cede the sovereignty of Nigeria to the communist state actor in perpetuity.

In the said agreement, Nigeria stands to concede its sovereignty to China if there would be any default in the repayment of the $400 million for the Nigerian National Information and Communication Technology Infrastructure Backbone phase 2 project signed in 2018 with the Export-Import Bank of China.

RelatedPosts

India-China Reset in Motion: Doval-Wang Talks in Beijing

Pakistan’s Asim Munir Helped US Against Iran, Raising Questions About Loyalty to the Muslim Ummah

SCO Summit: Ajit Doval to Corner Pakistan, Gauge China’s Stance

Load More

“The Borrower [i.e., the state of Nigeria] hereby irrevocably waives any immunity on the grounds of sovereign or otherwise for itself and its property in connection with any arbitration proceeding pursuant to Article 8(5), thereof with the enforcement of any arbitral award pursuant thereto, except for the military assets and diplomatic assets,” reads the clause in Article 8(1).

The House of Representatives has attacked President Muhammadu Buhari’s government over the hara-kiri clause and demanded it to confront China for slipping such clauses in plain-sight. Calls of inquiry have been raised and the political climate in Nigeria is charged up as the politicians are waking up to the looming threat of Dragon.

Some reports have even suggested that the Nigerian government has given up a few of the oil-fields as collateral to the Chinese banks.

Nigeria- The Biggest economy of Africa and the massive debt trap

Nigeria is Africa’s largest economy, after having overtaken South Africa, Beijing has inadvertently set its eyes on the country to snare it in its debt trap.

Up until now, China has offered loans to back eleven ongoing large-scale infrastructural projects, leaving Nigeria’s debt to China at $3.1 billion as of March 31 against the total $5.575 loan agreements wrapped up with China EXIM Bank in the span of eight years between 2010 and 2018.

The total outstanding foreign loans of Nigeria stood at $23 billion, up from $7.02 billion in 2015. And Chinese creditors are increasingly putting pressure on the Nigerian Government to release the funds.

Reported earlier by TFI, China happens to be Africa’s biggest lender with debts worth more than $150 billion owed. Overall, in 2019, China’s outstanding debt claims stood at well over $5 trillion.

However, Nigeria is staring at a grim economic condition due to the COVID-19 pandemic that has caused cash crunch and the falling oil-prices have further dented its shale industry.

China and its vicious debt-trap diplomacy

The debt-diplomacy policy forms the bedrock of the BRI and China is using it to hash out the assets of the country in lieu of the debts these poor countries owe to China.

The modus-operandi is fairly simple—enter a country on the pretext of development activities, hand out fishy loans with exorbitant interests rates and when the state fails to repay it, capture the territories, buy off the important senators and people of the country and before the public know, China has encircled the country from all side.

African countries in the aftermath of the pandemic are becoming aware that China is drawn towards the vast natural resources on offer in the Dark Continent. Beijing tried to masquerade as a good-samaritan in the region but its mask is slowly falling off.

Of late, China has been facing a lot of backlash from within Africa. The Belt and Road Initiative (BRI) has been losing steam, as Chinese projects in countries like Kenya and Tanzania are getting scrapped. This year, anti-Black racism and China’s debt-trap diplomacy have become contentious issues in Africa.

The State-sponsored crimes against Africans in China in the guise of battling COVID-19 and the African demands to cancel debt have eroded Beijing’s influence in Africa. Now Nigeria, in time, has found out the clause which could have very well spell doom for its freedom. The Nigerian opposition has been vociferous in raising the issue and has sent a stern message to China that its neo-colonial, expansionists dreams won’t lead to any fruition in the country, to say the least.

Tags: africaChinaDebt diplomacyNigera
Share459TweetSend
Previous Post

Facebook India policy head Ankhi Das receives death threats after WSJ accused her of being a BJP stooge

Next Post

India records huge victory over China as companies pledge $1.5 billion to set up shop in India

Related Posts

India plays pivotal role in the Chagos Islands handover to Mauritius
Africa

India plays pivotal role in the Chagos Islands handover to Mauritius

5 October 2024

The United Kingdom have announced that an agreement had been reached to hand over the Chagos Islands to Mauritius,...

Africa Rift, India at Risk, Collision
Africa

Splitting Africa and the Indian Plate of Gujarat, Maharashtra and Kerala At Risk

26 April 2024

The geological phenomenon of Africa splitting into two distinct landmasses has captured global attention, sparking discussions about its implications...

Africa, Child marriage, Nabil
Africa

The king of Bamoun in Cameroon vows to end cruel Islamic practices in his reign

15 December 2021

The town of Bamoun in northwest Cameroon recently crowned its new king. Traditional council of the Bamoun people, an...

Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Currently Playing

Amarnath yatra 2025 explained: history, logistics and security

Amarnath yatra 2025 explained: history, logistics and security

00:06:47

when the God leaves the temple to be with his devotees.

00:05:31

R.P. Singh Exposes AAP: Following Indira's Model of Separatist Appeasement?

00:11:04

kamakhya Devi and the Power of Menstruation: Ambubachi Mela Explained.

00:04:47

From love to murder- how five plots took down raja raghuvanshi

00:04:38
Facebook Twitter Instagram Youtube
tfipostTfipost.com
Right Wing | News Analysis | Indian Opinion
  • About us
  • Careers
  • Brand Partnerships
  • Terms of use
  • Privacy Policy
  • Sitemap

©2025 TFI Media Private Limited

No Result
View All Result
  • Premium
  • Politics
    • Analysis
    • Opinions
    • Trending
  • Economy
    • Business
    • Finance
  • Defense
    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
TFIPOST हिन्दी
TFIPOST Global

©2025 TFI Media Private Limited