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2008-04-02

IS DR. USMAN CHINA'S FINANCE MINISTER?

China has offered export guarantee facilities worth up to $50bn to encourage investment in Nigeria in a bold strategy to woo Africa’s biggest oil producer. From the FT. This is a symbolic boost on the part of China. However my concern is that I would not like Dr. Usman to negotiate the terms of my credit card let alone the term of this line of credit. Why you may ask?

Dr Usman said. “Which other country has made that kind of money available? Has the UK or America or any one of them? For me this is a sign of real commitment by China.”

It is a line of credit dude. The terms can still go both ways. Is he representing China or Nigeria?

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