billante: This GEJ trip to china has really been fruitful and beneficial to his transformation agenda! His next port of call should be india!

Mr knowitall.:
All this borrowing from China....everything is good now till Nigeria skips two months of payment....next thing you will

see is Abuja i renamed....Xichang Yiliang.....and the emperor of Nigeria is pinyin xìngmíng unlike the U.S

and U.K..that has forgiven Nigeria billions of dollars worth of unpaid loans....China does not have a loan forgiveness policy....if Nigeria doesn't pay the loans in time.....be prepare to be invaded....I dont know why you guys are so happy of all this borrowing....its very easy to borrow money paying it back is the difficult part...good luck

Mr knowitall.:
All this borrowing from China....everything is good now till Nigeria skips two months of payment....next thing you will

see is Abuja i renamed....Xichang Yiliang.....and the emperor of Nigeria is pinyin xìngmíng unlike the U.S

and U.K..that has forgiven Nigeria billions of dollars worth of unpaid loans....China does not have a loan forgiveness

policy....if Nigeria doesn't pay the loans in time.....be prepare to be invaded....I dont know why you guys are so happy

of all this borrowing....its very easy to borrow money paying it back is the difficult part...good luck

Maxymilliano:

It is 'free' loan as the interest rate is almost negligible, China offers concessionary interest rates and the repayment period is 20 years with 7 years moratorium on the agreed deals.

What should matter is utilizing the loan judiciously to serve its purpose and strict adherence to the repayment plan as agreed ...

atlwireles:

The problem with utilization was solved, by awarding the contracts to Chinese companies that will be doing all this jobs. No need to award contracts to briefcase Nigerian contractors. They collect payment and nothing is done.

atlwireles:

The problem with utilization was solved, by awarding the contracts to Chinese companies that will be doing all this jobs. No need to award contracts to briefcase Nigerian contractors. They collect payment and nothing is done.

atlwireles:

The problem with utilization was solved, by awarding the contracts to Chinese companies that will be doing all this jobs. No need to award contracts to briefcase Nigerian contractors. They collect payment and nothing is done.

Maxymilliano:

Utilizing the fund is not same as getting the job done, what I meant earlier was getting good value for money (judicious utilization). Papalanto road was awarded to a Chinese construction company CCECC by Obasanjo in 2004, the road did not survive two raining season after completion.

CFCfan:
That is absolutely ludacris! However, i would admit that Chinese engineering has improved in leaps in the last 9 years.

Maxymilliano:

I want to believe so Bro, the project is a massive one, and from additional report I read, " There is a second group, the Chinese Road Construction Company which is interested in providing the access road to Lekki Free Trade Zone and deep sea port that will come with a bridge, which could be termed the fifth mainland bridge and will cross the lagoon to Ikorodu which is in itself over a billion dollars project".

http://allafrica.com/stories/201307120372.html

billante: The ministers in GEJ cabinet dat is really pushing his transformation agenda is in this order

Min of trade nd investment
Min of finance
Min of agriculture
Min of aviation
Min of works
Min of transportation

Average ones
Min of solid mines&steel
Min of power
Min of education
Min of labour

Pls do we actually have ministers manning the following ministries
Min of science and technology
Min of housing of urban dev
Min of tourism
Min of water resources
Min of environment?

The above mentioned should pls tender their resignation letters go home and save tax payers money cause they have been caught sleeping on the bicycle.

taharqa2: Lol.... Really, one has just got to ask if we have a Min of Science and Technology in Naija. BUT, I think you have to remove d Min of Water Resources from the Category of 'do little Ministers', cos that Ministry have done very very Impressive (emphasis on d word, very) work in the last 3 years, in Resuscitating many Major long-dead Dams across the country (esp, in d north) and the building of new ones, as well as d resuscitation of River Basins across d nation. That Ministry honestly need to do more work in publicizes what they are doing cos almost no one (including until recently, myself) know nothing about d really Significant work they have done/are doing in that section...... I agree completely with yr 1st Category though. Those are obviously d Best of d lot. With d Min of Agric my favourite..

Alxmyr: Good move, hope it starts from Abuja route.