Nigeria did not sell assets to US, says Alake

Minister of Solid Minerals Development Dele Alake has denied reports that Nigeria sold any assets worth $700 billion to the United States. He clarified that the bilateral agreement only creates a platform for American investors to partner with local Nigerian operators to attract capital, transfer technology, expand processing and create jobs.

Pidgin: Minister of Solid Minerals Development Dele Alake don deny report wey talk say Nigeria sell asset wey worth $700 billion give United States. He clarify say the bilateral agreement na only to create platform so American investors fit partner with local Nigerian operators make dem attract capital, transfer technology, expand processing and create jobs.

How this affects you: No direct impact stated in source.