By Sanday Chongo Kabange AfricaNews reporter in Lusaka, Zambia
Zambian President, Rupiah Banda, has requested Nigeria’s assistance to tackle the effect of the global financial crisis on his country. He said the global crisis has hit Zambia’s economy to the extent that the price of its main commodity which is copper had come down to 3.300 US dollar from 8000 per tonne.
The Zambian President was on his first foreign trip to Nigeria since he came to power in October this year
The Zambian President, whose country’s economic mainstay is mining, lamented that the global economic meltdown had made nonsense of earnings from the sector and therefore, appealed to President Umaru Yar’Adua to assist Zambia in carving out another economic route.
– You have got the manpower and experience over the years for some of these crops we want to introduce in our country as staple foods. We believe because of our friendship, we can depend upon one another to face these problems, which have certainly affected us, he said.
Læs hele artiklen: www.africanews.com