Detailed text transcripts for TV channel - DW - 20181206:18:41:00
Debt. a quarter of state spending in nigeria goes on paying off debt that's twice as much as three years ago the government solution when it comes to budget gaps is to take out more loans and the debt trap is certainly not unique to nigeria. most african nations are in financial difficulty some critically so that's according to a debt trip or two by several n.g.o.s and there were different reasons for it last decade it was relatively easy for african states to acquire money china for example pumped billions into infrastructure there a way of securing its influence and power and the aftermath o...