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Africa Housing News > Blog > News > COVID-19: Why China must pay Nigeria, other African countries – Ezekwesili
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COVID-19: Why China must pay Nigeria, other African countries – Ezekwesili

Fesadeb
Last updated: 2020/04/17 at 1:02 PM
Fesadeb Published April 17, 2020
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Oby Ezekwesili, a former Minister of Education, has told China to pay repatriation to African countries over the Coronavirus pandemic.

Ezekwesili, in a post on ‘The Washington Post’, said China must pay for failing to manage COVID-19, which had severely injured Africa’s development prospects and worsened the conditions of the poor.

She noted that the best solution is for China to accord damages and liability compensation to Africa, adding that Africa should not suffer more because another powerful country failed to act responsibly.

According to her, “Africa’s economic gains since the last global crisis have been eroded.

“It is time to make offending rich countries pay the poor ones a global risk burden tax for delaying their rise out of poverty.

“China should immediately announce a complete write-off of the more than $140 billion that its government, banks, and contractors extended to countries in Africa between 2000 and 2017.

“This would provide partial compensation to African countries for the impact of coronavirus on economies in Africa.

Ezekwesili, who was the former vice president for the Africa region at the World Bank and stressed that now is the time for rich and powerful countries to change approach in handling global crisis which leaves the poor worse off due to its failures

“The economic shock caused by the Coronavirus has hindered the opportunity Africa had to lift hundreds of millions out of poverty. The African Union Commission estimates that Africa’s gross domestic product will shrink by as much as 4.5 percent, resulting in 20 million job losses.

“This has dangerously hampered the possibility that Africa can generate jobs for young people and women, or reducing the number of out-of-school children with access to quality learning opportunities.

“Economies in Asia, Europe have announced hefty emergency stimulus packages for their people and businesses, countries while most of African countries struggle to meet short-term food needs.

“China should demonstrate world leadership by acknowledging its failure to be transparent on COVID-19.

“ China and the rest of the Group of 20 countries should engage with the Africa Union and countries to design a reparations’ mechanism.

“It is time for rich economies to show that our world is capable of doing right by the poor and vulnerable. China must pay,” Ezekwesili added.

Source: Dailypost.ng

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Fesadeb April 17, 2020 April 17, 2020
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