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Nairaland Forum / Nairaland / General / Politics / Buhari Set To Cancel Strategic Chinese Direct Investments In Place Of IMF Loans. (16358 Views)
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Buhari Set To Cancel Strategic Chinese Direct Investments In Place Of IMF Loans. by PPAngel(f): 4:31pm On Apr 12, 2015 |
The concluded WEF held in Abuja in May, 2014 saw China unveil a $42bn investment over the next 10yrs in the African continent with Nigeria expected to gulp the highest share of over $30bn in direct infrastructural investment, energy sector and manufacturing. With the emergence of the newly appointed Colonial Governor of the Royal Niger Company aka Nigeria, expect to see Buhari cancel outrightly all Chinnese direct investments in preference to western loans from the IMF, World Bank and Paris Club. Off course, all the newly borrowed money will be diverted with nothing on ground to show for it but debt for the next 40years. Change Change Change! 23 Likes 2 Shares |
Re: Buhari Set To Cancel Strategic Chinese Direct Investments In Place Of IMF Loans. by PPAngel(f): 4:33pm On Apr 12, 2015 |
Re: Buhari Set To Cancel Strategic Chinese Direct Investments In Place Of IMF Loans. by seunfly: 4:33pm On Apr 12, 2015 |
So where in this article did it states that Buhari want to cancel it? You people will just die of hatred. 46 Likes 3 Shares |
Re: Buhari Set To Cancel Strategic Chinese Direct Investments In Place Of IMF Loans. by Nobody: 4:34pm On Apr 12, 2015 |
Observing.. |
Re: Buhari Set To Cancel Strategic Chinese Direct Investments In Place Of IMF Loans. by PPAngel(f): 4:37pm On Apr 12, 2015 |
The WEF summit held in May, 2014 coincided with the climax of the #BBOG Sych OPs campaign of culmanny. China was not deterred by all the noise and propaganda and insecurity and knew very well what all the rubish was about. China went ahead to announce on the 3rd day of the summit the highest direct investment this country has ever recorded. The Political and Economic hitmen got you all fooled. 9 Likes 2 Shares |
Re: Buhari Set To Cancel Strategic Chinese Direct Investments In Place Of IMF Loans. by PPAngel(f): 4:38pm On Apr 12, 2015 |
seunfly: Loan cancellation? Are you dyslexic? Buhari is set to borrow from the west to ensure your bondage for the next 40years. 11 Likes 1 Share |
Re: Buhari Set To Cancel Strategic Chinese Direct Investments In Place Of IMF Loans. by Skryptchex(m): 4:38pm On Apr 12, 2015 |
let d man enter office before we start to dey track am. #JonathanTillMay29 5 Likes 2 Shares |
Re: Buhari Set To Cancel Strategic Chinese Direct Investments In Place Of IMF Loans. by fallout87: 4:41pm On Apr 12, 2015 |
If this is true I wouldn't be surprised. It was America's involvement which built the change platform APC used to win elections. They will of course want a return in their investments 11 Likes 4 Shares |
Re: Buhari Set To Cancel Strategic Chinese Direct Investments In Place Of IMF Loans. by kadyrov25(m): 4:41pm On Apr 12, 2015 |
the buhari that i knw will never allow himself to be turned into a puppet of any country or institution so op forget it gmb will not do such a thing 13 Likes 2 Shares |
Re: Buhari Set To Cancel Strategic Chinese Direct Investments In Place Of IMF Loans. by seunfly: 4:41pm On Apr 12, 2015 |
PPAngel: We know it is your voodoo economist finance coordinator who has put us into bondage, within 4years she and Jonathan plunged us into $18 billion debdt. 18 Likes 1 Share |
Re: Buhari Set To Cancel Strategic Chinese Direct Investments In Place Of IMF Loans. by ChikezieU(m): 4:43pm On Apr 12, 2015 |
PPAngel:thanks fr the info, but lets nt hurry to judge. Actually its change indeed but to which direction? |
Re: Buhari Set To Cancel Strategic Chinese Direct Investments In Place Of IMF Loans. by seunfly: 4:44pm On Apr 12, 2015 |
fallout87: Where is her evidence? All she did was to post Chinesse agreement and create one senseless lie. 9 Likes |
Re: Buhari Set To Cancel Strategic Chinese Direct Investments In Place Of IMF Loans. by seunfly: 4:47pm On Apr 12, 2015 |
ChikezieU: You should have asked her where it was written in the article. 6 Likes 1 Share |
Re: Buhari Set To Cancel Strategic Chinese Direct Investments In Place Of IMF Loans. by ChikezieU(m): 4:47pm On Apr 12, 2015 |
kadyrov25:i hope so fr all our sake |
Re: Buhari Set To Cancel Strategic Chinese Direct Investments In Place Of IMF Loans. by ChikezieU(m): 4:51pm On Apr 12, 2015 |
PPAngel:u dont need to interpret fr him if he is delusional. Like i said earlier lets wait and see 1 Like |
Re: Buhari Set To Cancel Strategic Chinese Direct Investments In Place Of IMF Loans. by ChikezieU(m): 4:56pm On Apr 12, 2015 |
seunfly:oh you did the Chiness agreement, hold on to that because u may deny later only that i dont care |
Re: Buhari Set To Cancel Strategic Chinese Direct Investments In Place Of IMF Loans. by Sweetguy25: 4:56pm On Apr 12, 2015 |
This is a lie. 2 Likes |
Re: Buhari Set To Cancel Strategic Chinese Direct Investments In Place Of IMF Loans. by sosanova: 4:58pm On Apr 12, 2015 |
Thief-nubu will. ot be happy with these news |
Re: Buhari Set To Cancel Strategic Chinese Direct Investments In Place Of IMF Loans. by omonnakoda: 4:58pm On Apr 12, 2015 |
PPAngel:How do you know this? 2 Likes |
Re: Buhari Set To Cancel Strategic Chinese Direct Investments In Place Of IMF Loans. by masseratti: 5:01pm On Apr 12, 2015 |
But why would mods allow this kind of thread to continue? Where did Buhari tell op this kind of news? No source, she just woke up from her nightmare shouting Buhari and she wrote all this? Very pathetic. 4 Likes |
Re: Buhari Set To Cancel Strategic Chinese Direct Investments In Place Of IMF Loans. by Williamso(m): 5:04pm On Apr 12, 2015 |
OMG!!! WHAT MANNER OF PROPAGANDA IS THIS?? *spits on thread and walks away* 4 Likes |
Re: Buhari Set To Cancel Strategic Chinese Direct Investments In Place Of IMF Loans. by mankand(m): 5:06pm On Apr 12, 2015 |
If true, I'm not surprised. I saw it coming who did you think help put buhari in aso rock? 1 Like |
Re: Buhari Set To Cancel Strategic Chinese Direct Investments In Place Of IMF Loans. by PPAngel(f): 5:07pm On Apr 12, 2015 |
seunfly: The same Ngozi that secured a debt cancellation deal for you and who insisted on saving for a rainy day from where your country was able to have the highest liquidity since independence? You think the FG owes $18bn? You are really delusional. The state governments in combination account for the highest share of any debt. When Amaechi borrowed over $100million for a phantom water project nko? How about the white elephant PortHarcourt light rail project that has gulped so billions and is no where near commissioning. How about states like Osun which have an annual income of less than 40bn but budgets over 200bn mainly sourced from banks? I can go on and on about how the state governments account for the highest debtors and not the FG. 6 Likes |
Re: Buhari Set To Cancel Strategic Chinese Direct Investments In Place Of IMF Loans. by seunfly: 5:08pm On Apr 12, 2015 |
ChikezieU:If the Chinese agreement stands who will reject it, even western nations are stylishly keying into chinnesse soft loan. I was just surprised how she said somebody that has not been swear in is about cancel an agreement without any evidence and graduates rushed to conclude it is true. I love criticism but let it be based on fact not useless lies. 5 Likes 1 Share |
Re: Buhari Set To Cancel Strategic Chinese Direct Investments In Place Of IMF Loans. by citizenY(m): 5:08pm On Apr 12, 2015 |
PPAngel: Na menstrual pain dey make your brain vibrate so, abi na wetin?? 10 Likes |
Re: Buhari Set To Cancel Strategic Chinese Direct Investments In Place Of IMF Loans. by Nobody: 5:12pm On Apr 12, 2015 |
PPAngel: quite frankly, your views are myopic and you have a limited knowledge of the workings of general Mohammadu Buhari or uoy simply intend to created one of your propaganda ridden post to encourage an unnecessary panic. A short reading of how GMB related with the western money lenders during his first stint as the head of state may give you a little incline or better still, a cursory look at his foreign policies will help. 4 Likes 1 Share |
Re: Buhari Set To Cancel Strategic Chinese Direct Investments In Place Of IMF Loans. by seunfly: 5:13pm On Apr 12, 2015 |
PPAngel: That is one of my grudges against her, why pay loan back when you know u will borrow another one, I would have loved it if we can invest the money and use the proceeds to pay back the loan. For example we can use the money to build roads and toll it, the return from such tolls should be used to pay back the loan. 1 Like |
Re: Buhari Set To Cancel Strategic Chinese Direct Investments In Place Of IMF Loans. by seunfly: 5:16pm On Apr 12, 2015 |
azeezhy: We know PDP supporters are not capable to be intelligent opposition party since they are used to lie, as for me I'm rooting for Apga as the next wheel of change. 5 Likes |
Re: Buhari Set To Cancel Strategic Chinese Direct Investments In Place Of IMF Loans. by obailala(m): 5:18pm On Apr 12, 2015 |
seunfly:Why are you bothering yourself with the feelings and evil thoughts/wishes of aa sorry loser?... You will be surprised that a lot of Jonathanians are actually fasting and praying presently for the new government to fail woefully so they can say "we told you so" in 4 years time. But God pass them! The same Buhari that bluntly refused to take IMF loans in th 80s is now the one some confused individual believes would take loans now? 3 Likes |
Re: Buhari Set To Cancel Strategic Chinese Direct Investments In Place Of IMF Loans. by PPAngel(f): 5:19pm On Apr 12, 2015 |
seunfly: There is a saying that goes that a man who earns £100 a year but saves only a pound is still a wise man. Only the FG saves towards a rainy day and also to fund a budget the next year. The state governors never saved a penny but rather are in debt. The state governments based their budgets solely on subventions from the federal coffers. So in effect where federal revenue reduces the respective states can not fund their budgets. Late last year the state governors besieged the federal government begging, shouting and screaming for funds from the ECA to be disbursed to them. 3 Likes |
Re: Buhari Set To Cancel Strategic Chinese Direct Investments In Place Of IMF Loans. by PPAngel(f): 5:21pm On Apr 12, 2015 |
azeezhy: The APC states in the SW are the most indebted states in our federation. With Bola Tinubu in Buhari's cabinet and with his links as a CIA assets just like Abiola and Obasanjo expect Buhari's govt to do as it is told by JP Morgan's spokesman in the white house. 5 Likes |
Re: Buhari Set To Cancel Strategic Chinese Direct Investments In Place Of IMF Loans. by PPAngel(f): 5:26pm On Apr 12, 2015 |
They have already told Buhari to devalue the naira which will make their re-entry into the Nigerian Stock and Bonds market. They want to get more shares for their dollars. 3 Likes |
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