That picture reminds me of aa song by Three Dog Night called Black and White

Modern day colonisation.

GEJ see your life now?

Better do something about our economy

Before Nigeria asks for bail-out and adopts Panama's currency

#BlameGEJ

Hmmm. Chinese colonial stategy

dominique:
Hopefully it will be better than the Zimbabwean dollar. Imagine using one billion dollars to buy a loaf of bread. Only in Zimbabwe

hahahahahaha dis gal bad

[color=#990000][/color] Abeg who get agric fowl for sale

Ok

Failed leadership

lol

China is seriously entering African market with a lot of mouthwatering offers to African countries.

It is a nice idea because the country's currency is already DEAD. China will help to resurrect the economy of Zimbabwe if Mugabe will be able to drop aside PRIDE.

So what would to the Nigerian and world economy when the dollar looses it's world reserve status, its not if or how,it's inevitable

okk

Aliko Dangote self respect them for dat country becos dem get money like him and all of them na billionaire not thousandaire like Nigerians

Good for them

Well Africans what happinig, plsGOD help us

Slavery

TheGreenDay:
Zimbabwe has announced that it will make the Chinese yuan legal tender after Beijing confirmed it would cancel $40m in debts.

“They (China) said they are cancelling our debts that are maturing this year and we are in the process of finalising the debt instruments and calculating the debts,” minister Patrick Chinamasa said in a statement.

Chinamasa also announced that Zimbabwe will officially make the Chinese yuan legal tender as it seeks to increase trade with Beijing.

Zimbabwe abandoned its own dollar in 2009 after hyperinflation, which had peaked at around 500bn%, rendered it unusable.

It then started using a slew of foreign currencies, including the US dollar and the South African rand.

The yuan was later added to the basket of the foreign currencies, but its use had not been approved yet for public transactions in the market dominated by the greenback.
http://metropolexpress.com/business/item/5656-zimbabwe-adopts-chinese-yuan-as-official-currency-in-exchange-for-40m-debt-relief

I pray Zimbabwe wouldn't go into a civil war era after mugabe's demise..

There is hope for Nigeria...the country is still better than Zimbabwe.

If Nigeria is not careful, this is what will happen to us. The Chinese will own us.

Maybe it will be better sef...


But isn't this too cheap? A mere $40 million?

tyrannasty:
Financial experts, economists,
What are the implications of this?


One thing I'm sure of is they're gonna exploit that country.
These asians ain't loyal

Yes o. They should come and educate us. Is this the birth of the Chinese Republic of Zimbabwe?

China just bought one african country
just $40million

Jesus...that is a suicidal move for the economy. Africans and Debts,too much beg beg. SmH


Cain and Abel comes to mind.

OK check well oo, is it $40m or $40b? Chai!!! Ordinary $40m. Even sai buhari can write off that debt

dominique:
Hopefully it will be better than the Zimbabwean dollar. Imagine using one billion dollars to buy a loaf of bread. Only in Zimbabwe

They had stopped using zim dollar for awhile. Bin using U.S. dollar for over a yr.

Mugabe has done more harm to Zimbabwe.

Mugabe fought hard to collect lands that belongs to blacks from white Zimbabweans only for him to now offer the whole of Zimbabwe to whites that he so much claims to hate

olaboy33:
Things fall apart...........a country with the most educated president in the world!!!.........africa'a problem is no longer physical

Is he really the world's most educated president ?

bettercreature:
China just bought one african country
just $40million

So far, this comment is the smartest. You are in tune.

repogirl:
If Nigeria is not careful, this is what will happen to us. The Chinese will own us.
Maybe it will be better sef...
But isn't this too cheap? A mere $40 million?

2nd smartest. Move to the front of the class. You know what's going on.
With this government in place, I have been holding the US dollar.

MinorityTribe:
Nice! I love this! The US petrol dollars is a scam! Iraq plans to sell her oil in Euro currency only and in a swift moment the country was invaded by the US on pretense of Weapons of mass destruction. Soon they will find a stvpid reason to go to war with China once the world start adopting their currency as the official legal tender. All the US have is their dollar, Take it out and watch the country collapse like T.B Joshua building. The US and Saudi Arabia should just keep joking with oil price per barrel, E go do una like film trick when oil producing country drop that useless dollar for another currency.

The Dollar would forever be the dominant official tender and not one yen from one communist country who's second name is to churn out fake products

Chinese currency(Yuan) adopted in Zimbabwe. This I'm sure will go with though conditions.
Zimbabwes economy regarding fiscal and monetary policy will now be determined by China.
i wonder if it wont get to adopting Chinese language.

just ask yourself, how did they get to this?

As long as there won't be any expiry date printed on it like their useless dollar