Home Daily Blitz In Nigeria, Chinese Investment Comes With a Downside
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In Nigeria, Chinese Investment Comes With a Downside

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nytimes articleThe following is an excerpt from KEITH BRADSHER and ADAM NOSSITER | December 5, 2015 | Nytimes.com |

Emeka Ezelugha was excited to open a computer training center. He could teach his countrymen some skills and earn a living.

But soon after the center opened in a rough, two-story concrete building in Lagos, a blaze broke out in the main classroom. The flames incinerated 30 desktop computers, as well as televisions and air-conditioners.

The culprit was unmistakable: one of two dozen power strips in the classroom. The faulty equipment was made in China, even though the salesman said it was British.

“The guy tried to convince me it was from the U.K. — I was surprised when it happened,” Mr. Ezelugha said.

Across this populous African nation, low-cost Chinese goods are everywhere, evidence of Beijing’s growing dominance in global trade. The trade flow has helped keep life affordable for millions of Nigerian families, at a time when the country is struggling with economic stagnation and plunging prices, as well as the deadly costs of the Boko Haram insurgency.

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