Connect with us

Chad Republic Sets To Be Paying Debt By Cattle

Piroll

Published

on

Follow
NEWS: Chad Republic Sets To Be Paying Debt By Cattle [New Foreign News] » Naijacrawl
Photo: Naijacrawl

In an unusual business format, the republic of Chad has decided to be repaying Angola a debt of £82m ($100) with cattle.



This was made public by the Angola's state-run newspaper.


The weird consensus is seen as creating a win-win situation for both nations , that is, Chad is short of cash while Angola needs cattle.


Available information has it that over 1,000 cows arrived by ship in Angola's capital, Luanda, as the first payment, from Chad to Angola.


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.

Click Here To Comment




Piroll
 

Piroll is a creative writer, social-political commentator, socio-researcher, and sports analyst. He holds certificates in media management and data journalism from the Thomas Foundation Institute of Journalism. He works as a... Read More

Continue Reading
Click to comment

Be first to comment


Leave a Reply

Your email address will not be published. Required fields are marked *

Foreign News

Popular Social Media Influencer sets to be Extradited to the US

Piroll

Published

on

FOREIGN NEWS: Popular Social Media Influencer sets to be Extradited to the US [New Foreign News] » Naijacrawl
Photo: Naijacrawl
A Ghanaian social media influencer has been extradited from the United Kingdom to the US for allegedly swindling over $2 million from older, single American men and women in a twisted lonely hearts scam, federal prosecutors said Monday.Mona Faiz Montrage, 30, of Accra, Ghana, appeared in Manhattan federal court Monday for her alleged involvement in a series of romance schemes targeting older people who lived alone, prosecutors said.Montrage — who had around 3.4 mill...
Continue Reading

Foreign News

UK Sets to be deporting Nigerian Students and Other Immigrants

Piroll

Published

on

FOREIGN NEWS: UK Sets to be deporting Nigerian Students and Other Immigrants [New Foreign News] » Naijacrawl
Photo: Naijacrawl
In a proposed development in the UK, Nigerians and other immigrant students in the country currently face a high-risk of deportation after completion of their studies following a row between UK Home Secretary Suella Braverman and the Department of Education.According to The Daily Mail, Braverman is currently seeking to cut down the amount of time foreign students can stay in the UK after graduation from 24 months to 6 months.It is important to note that immigrants...
Continue Reading

Foreign News

Indian Man Sets to Become UK PM

Piroll

Published

on

FOREIGN NEWS: Indian Man Sets to Become UK PM [New Foreign News] » Naijacrawl
Photo: Naijacrawl
Barring any last minutes changes, a historic feat will be set in the Uk as Rushi Sunak set to become the UK Prime Minister after the resignation of Liz Truzz some days ago.Sunak who contested with Liz barely 7 weeks ago is having a free day in the parliament as many of his rivals are now supporting him including the former PM Boris Johnson.Sunak has over 144 parliament members with him going beyond and above the benchmarked 100.If successful, Sunak will be the first...
Continue Reading

Latest


Download Naijacrawl App today

Fastest way to read on the go

Download the Naijacrawl App.