Chad Repaying $100 Million Debt To Angola With Cattle

Follow us on Social Media

Social sharing

Chad is repaying Angola a debt of $100m (£82m) with cattle, Angola’s state-run newspaper has reported.

The unusual agreement is seen as creating a win-win situation for both nations – Chad is short of cash while Angola needs cattle.

11219098 cattle jpeg784095ce9cca81080d004f0ee2c8b865

More than 1,000 cows arrived by ship in Angola’s capital, Luanda, as the first payment, Jornal de Angola reported.

In total, Angola would receive 75,000 cattle over 10 years, meaning it has accepted payment of $1,333 per animal.

Chad would send a further 3,500 head of cattle later this month, the report added.

Leave your comment on this post

THE ROTTEN FISH: CAN OF WORMS OPENED OF APC & TINUBU'S GOVERNMENT OVER NIGERIA'S ECONOMIC DOWNTURN

WATCH THE CRITICAL ANALYSIS AND KNOW THE RESPONSIBLE PARTIES TO BLAME FOR NIGERIA'S ECONOMIC CHALLENGES, WHILE CITIZENS ENDURE SEVERE HARDSHIPS.

Watch this episode of ISSUES IN THE NEWS on 9News Nigeria featuring Peter Obi's Special Adviser, Dr Katch Ononuju, 9News Nigeria Publisher, Obinna Ejianya and Tinubu Support Group Leader, McHezekiah Eherechi

The economic crisis and hardship in Nigeria are parts of the discussion.


Watch, leave your comments, and share to create more awareness on this issue.


#9NewsNigeria #Nigeria #issuesInTheNews #politics #tinubu THE ROTTEN FISH: CAN OF WORMS OPENED ...
DON'T FORGET TO SUBSCRIBE AND LEAVE YOUR COMMENTS FOR SUBSEQUENT UPDATES
#9newsnigeria #economia #economy #nigeria #government @9newsng
READ ALSO  JUST IN!!! Kenyan Police Arrest Binance Executive Who Escaped From Nigeria

www.9newsng.com

Leave your comment

Click on the link below or Scan the QR Code to join the 9News Nigeria WhatsApp Channel

9News Nigeria Investigative Reports WhatsApp Channel
9News Nigeria Investigative Reports WhatsApp Channel
About Wisdom Nwedene 11591 Articles
Wisdom Nwedene studied English Language at Ebonyi State University. He is a writer, an editor and has equally interviewed many top Nigerian Politicians and celebrities. For publication of your articles, press statements, contact him via email: nwedenewisdom@gmail.com

Be the first to comment

Leave a Reply