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Chad Repaying $100m Debt To Angola With Cattle - Foreign Affairs - Nairaland

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Chad Repaying $100m Debt To Angola With Cattle by Olubadan1(m): 2:09pm On Mar 17, 2020
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.

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.

Source: https://www.bbc.com/news/world-africa-51925035

31 Likes 3 Shares

Re: Chad Repaying $100m Debt To Angola With Cattle by Olubadan1(m): 2:10pm On Mar 17, 2020
Oun ani laa nani that is to say APPRECIATE WHAT YOU HAVE GOT.

32 Likes 2 Shares

Re: Chad Repaying $100m Debt To Angola With Cattle by Mosthandsomeboy(m): 2:16pm On Mar 17, 2020
Let them ship all our cattles too to countries we are owing..we are tired of cattle wahala in Nigeria.
Infact ship out bobrisky,tacha,all our senators and house of reps members, they are useless to us

322 Likes 21 Shares

Re: Chad Repaying $100m Debt To Angola With Cattle by aminusodiq(m): 2:18pm On Mar 17, 2020
Vv
Re: Chad Repaying $100m Debt To Angola With Cattle by Stephendeals: 2:18pm On Mar 17, 2020
grin

Our C-in-C would love this kind of settlement,
if The Republics of Togo, Niger and Benin owing Nigeria a total of N29.97bn for the electricity supplied to them from January to September last year, offer this kind of payment, GMB would gladly accept it.

54 Likes 5 Shares

Re: Chad Repaying $100m Debt To Angola With Cattle by Ernerstdavid55(m): 2:18pm On Mar 17, 2020
grin if na Nigeria now na bring money still yet the money will be looted again..if u know u know

1 Like

Re: Chad Repaying $100m Debt To Angola With Cattle by Nobody: 2:18pm On Mar 17, 2020

85 Likes 7 Shares

Re: Chad Repaying $100m Debt To Angola With Cattle by aminusodiq(m): 2:18pm On Mar 17, 2020
Olubadan1:
Oun ani laa nani that is to say use what you have to get what you want.
no u are wrong... It means... "Appreciate what Uve got"

39 Likes 3 Shares

Re: Chad Repaying $100m Debt To Angola With Cattle by NOL2dworld(m): 2:19pm On Mar 17, 2020
We own debt too now, lets trade our cows, and those fulani herdsman biko..

Make this country rest small.

5 Likes

Re: Chad Repaying $100m Debt To Angola With Cattle by sotall(m): 2:19pm On Mar 17, 2020
undecided
Re: Chad Repaying $100m Debt To Angola With Cattle by DenreleDave(m): 2:19pm On Mar 17, 2020
Nigeria shud do so to China too. North get am for cows

11 Likes 1 Share

Re: Chad Repaying $100m Debt To Angola With Cattle by auduadeniyi(m): 2:19pm On Mar 17, 2020
OLOSHO ONE
Re: Chad Repaying $100m Debt To Angola With Cattle by Colybaly: 2:19pm On Mar 17, 2020
$1,333 per cow, okay now, can we repay China with cow too. Because our debt index is hanging us like this donkey

59 Likes 3 Shares

Re: Chad Repaying $100m Debt To Angola With Cattle by LosC: 2:19pm On Mar 17, 2020
Buhari won't like this..

3 Likes

Re: Chad Repaying $100m Debt To Angola With Cattle by Dadaboy: 2:19pm On Mar 17, 2020
In total, Angola would receive 75,000 cattle over 10 years, meaning it has accepted payment of $1,333 per animal.

No be to start Cattle export business to angola so ?

37 Likes

Re: Chad Repaying $100m Debt To Angola With Cattle by abjonline(m): 2:20pm On Mar 17, 2020
Na so o. God has not created us the same. Our resources are different. Use what you have to get eat you want

3 Likes

Re: Chad Repaying $100m Debt To Angola With Cattle by Stalwert: 2:20pm On Mar 17, 2020
Make dem no come dey russtle cow for Nigeria.
Re: Chad Repaying $100m Debt To Angola With Cattle by efilefun(m): 2:20pm On Mar 17, 2020
The real definition of TRADE BY BARTER. But those cows are too expensive for that price $1333.... imagine almost 500k naira. Kilode!!!!

21 Likes

Re: Chad Repaying $100m Debt To Angola With Cattle by NigeriaBam: 2:20pm On Mar 17, 2020
grin

1 Like

Re: Chad Repaying $100m Debt To Angola With Cattle by lonelydora: 2:20pm On Mar 17, 2020
They are still in the era of trade by barter
Re: Chad Repaying $100m Debt To Angola With Cattle by martins21: 2:20pm On Mar 17, 2020
Pathetic.

2 Likes

Re: Chad Repaying $100m Debt To Angola With Cattle by Bigleaf1006: 2:21pm On Mar 17, 2020
This is really great, I am for any thinking out of the box,African solutions to African problems.

We don't have to do things the way others does thieirs all the time,find what works best for you.

27 Likes 2 Shares

Re: Chad Repaying $100m Debt To Angola With Cattle by aminusodiq(m): 2:21pm On Mar 17, 2020
smart3856bwg101:
Cf
am I d only one who find dis funny grin grin grin

1 Like 1 Share

Re: Chad Repaying $100m Debt To Angola With Cattle by Aidejay(m): 2:21pm On Mar 17, 2020
This is economics the African way.

11 Likes 4 Shares

Re: Chad Repaying $100m Debt To Angola With Cattle by adedayoa2(f): 2:21pm On Mar 17, 2020
Good for those countries jare, i wish we can pay laidat too

1 Like

Re: Chad Repaying $100m Debt To Angola With Cattle by iammo(m): 2:21pm On Mar 17, 2020
Cuba once paid debt with rum and cigars

7 Likes

Re: Chad Repaying $100m Debt To Angola With Cattle by onanapower(m): 2:21pm On Mar 17, 2020
And My President will like this kind of agreement

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