People’s Republic of China’s Ambassador to Nigeria Cui Jianchun said his country has no intention of taking over Nigeria’s critical assets as repayment for loan in the event of default.
Jianchun made this known during the visit of the Chinese Special Representative on African Affairs, Liu Yuxi to Nigeria’s Minister of State for Foreign Affairs, Zubairu Dada on Thursday in Abuja.
The News Agency of Nigeria reports that the visit of the Chinese Special Representative to Africa is geared at strengthening the already strong bilateral relations between Nigeria and China.
He expressed the willingness of China to work with Nigeria for the benefit of both countries.
Jianchun said that China and Nigeria are working on the bases of mutual trust and that his country has no intention whatsoever to take over Nigeria’s assets in a situation where Nigeria failed in the repayment of the loan it took from China.
He added that it is not part of the agreement reached between the two countries as insinuated in some quarters.
