Nigeria and China, Buhari’s Budgetary
The Chinese have been lecturing African governments on financial lucidity. The vast generosity of the Chinese is now accompanied by a desire to see their funds well spent—and accounted for. Privately, they have been stunned at Jacob Zuma’s government in South Africa, which went through three finance ministers in a week in December 2015. The lack of planning and responsibility—not to mention the president’s inability to understand economics—have raised eyebrows in Beijing.
Nigeria’s President Muhammadu Buhari —who arrived in China on Monday for a four-day working visit—the Chinese see a model of a disciplined man who is seeking, against enormous odds, to restore responsibility
to his country’s untidy financial affairs.