deomelo:
Oby is basically a twitter troll and just like the other trolls and anti Nigerian elements, they always come up with ignorant rubbish and misinformation to justify their trolling ways with and to satisfy her troll followers.


God Bless that young man for lecturing that twitter troll.

You are right my brother. I had to unfollow her on twitter due to her poisonous twitts.

Taking such a loan may not be the issue at this time but the condition of the country in taking such. How can the Fed Govt be sharing 300+ million Dollars [Abacha Loot] to 'the poorest Nigerians, and at the same time borrowing relatively the same amount from China?

studentofTruth:


The wahala is not with IMF and it's loans. The problem is with your leaders and their utilization of the loans. Its the same loans that banks and some individuals like Dangote are growing their wealth on. IMF don't utilize the loans for you, you do it yourself.

Uncle Tom like you holding briefs for Shylocks and bucket shop like IMF, go to other African countries and see the damage that IMF had done.
You better go and read very well Dangote is not a country o.

deomelo:
Oby is basically a twitter troll and just like the other trolls and anti Nigerian elements, they always come up with ignorant rubbish and misinformation to justify their trolling ways with and to satisfy her troll followers.


God Bless that young man for lecturing that twitter troll.

On the contrary oby is not wrong cos history has shown how China collect on their loans. The guys argument is sound and agreeable in the short run but in the long run it is a Greek gift. Go and ask Eritrea how China forced them to give up chunks of land cos of bad debt. Oby just couldn't pass her own message well hence the thought that she spoke out of turn

jomoh:


No one is a fool here and they recognize the fact that one has to be weary of the Chinese loan but here are the real point the guy made to counter your Aunty you’re so much willing to lick her behind.

1. The only pitfall with Chinese loans is when you’re unable to pay back they takeover the project as their own(has happened in some other African countries) however, the infrastructure has been put in place and they won’t remove it.

2. The West don’t care if you use the loan for the purpose it is meant for. They don’t care if the money is embezzled or not. That is why they keep giving loans to corrupt regime of GEJ because they more you embezzle the more you’re unable to pay and the more enslaved you become.

3. The Chinese don’t deal with thieves, they put their money where their mouth is and make sure the loans are used for the purpose they’re meant for.

4. This is the most dangerous part of the western loan. The Chinese don’t require the government to retrench its civil Servants when they default or are unable to pay up. The West on the other hand as part of its loan conditions will require the government to retrench Ita civil servants.

The bottom line is that, everyone recognize that China is not Santa Claus but their intention is far more genuine and open than the west’s. Even the west recognize this and they fear China taking over but with lesser or no intention to enslave that is why they’ve being in a panick mode since the China-Africa summit.

They know their milking cows are about to be set free. If not when was the last time a British PM or a German chancellor or French President visited Africa let alone in the same year.

Unfortunately for them and fortunately for Africa, their leader(the US) is under the leadership of a mad man.

The lies you all tell yourselves is outstanding. Can you name the infrastructure that came out from the last loans he took from China? This is not the first loan Buhari took from China and we've yet to see anything progressive out of the debt Buhari keeps acquiring. The Chinese do not care what Nigeria does with the loan as long as the signature is signed. This is exactly the same trap they made for several African countries and like fools, Buhari and his companions have jumped into it as well happily and willingly.

okeyfrank:
Taking such a loan may not be the issue at this time but the condition of the country in taking such. How can the Fed Govt be sharing 300+ million Dollars [Abacha Loot] to 'the poorest Nigerians, and at the same time borrowing relatively the same amount from China?

Na so. They keep proving everybody right that they aren't smart

jomoh:



Exactly the reason they pirated Buhari in 1985 they saw he was financially disciplined and will not tow the line of his previous corrupt regime.

If anyone follow PMBs body language in the early part of his coming to power he has consistently ignore the world bank and IMF. Same way he ignore the IMF in 1985. Even their cooked up statistics are being ignored.

. This people keep on giving us policies that'll cripple our economy, and if we don't play ball they sanction us. Our Currency was stronger than theirs back then why? Because we were selling, cocoa, palmoil, steel, etc! But now what are we selling? Even the oil self we export to refine and then import it wasting loads of money! What's so special about refining of oil that we can't do it? Notable Nigerians confirmed that the Ibos refined their oil during the Biafra war, but America and co wouldn't let Nigeria be great, always extorting us one way or the other. I don't blame them, I blame our leaders, See Abacha's loot, forget the loot and Google the fines hit on us if we don't meet their "requirements" to collect the money, Our money! This people HELP our politicians launder money and come out to complain that we're corrupt

Why would the Federal Govt under 'Saint Buhari' recklessly and shamelessly embezzle USD 328M in the name of sharing it to the poorest Nigerians, and at the same time, go to China to borrow relatively the same amount against the wish of Nigerians? This government is the 'Most Corrupt Govt' in the history of Nigeria. Quite 'Fantastically Corrupt'.

deepwater:


sorry bro, it is either your basic economics theory is bad or you have never had to do real life practical transactions in this scope.

5 years from now coupled with additional education you would be ashamed of this your post

sane minds would have accept you aren't a psychiatric patients only if you prove him wrong with constructive critics couple with valid points and patriotic value. Dame you fumble as usual blinded by ethnic bigot. Grow up little damsel

obaaderemi:
Go and throw away that dictionary of yours.Plummet,plummeting, plummeted. Plummeting is the present participle of Plummet.

.
My bros that is what u formed for urself. Not in every verb that this construction do exist.
If u like snap am and post for me, so that I can learn from ur dictionary

7lives:


Uncle Tom like you holding briefs for Shylocks and bucket shop like IMF, go to other African countries and see the damage that IMF had done.
You better go and read very well Dangote is not a country o.

The lender made sure you don't utilize your loans well abi? Continue deceiving yourself. Don't hold your government responsible. keep looking for who to blame.