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Stats: 2,260,066 members, 4,944,893 topics. Date: Sunday, 26 May 2019 at 04:48 PM

FEC Approves Another $1bn Chinese Loan - Politics (3) - Nairaland

Nairaland Forum / Nairaland / General / Politics / FEC Approves Another $1bn Chinese Loan (10986 Views)

BREAKING: FEC Approves Another $1bn Chinese Loan / Amaechi Talks About FG Mortgages For A Chinese Loan / FEC Approves N970.2m For Nigeria Customs Barracks Construction (2) (3) (4)

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Re: FEC Approves Another $1bn Chinese Loan by Jiang(m): 2:23am On May 16
komodapson:
I strongly applaud Federal Government on this decision but I hope and pray the loan is not given out in cash...or else.. the folktales about "yam and goat in farmhouse" will come to play. I wish the Chinese Government will deploy their skilled workers, professionals, and machineries to site and then facilitate easy technological transfer between Nigerian Engineers and Chinese Engineers...if not...your guess is as good as mine

It's not in cash, but still Chinese don't like employing our engineers in our own country

1 Like

Re: FEC Approves Another $1bn Chinese Loan by Jiang(m): 2:29am On May 16
OAUTemitayo:

This must be a joke or typo.
How can we use 360 billion naira to generate 360 megawatts?
You have to be kidding me.

Probably due to the Dam, hydro power stations are much more expensive

P.S am talking from experience based on city building gaming experience. I have no idea how it works in reality. Am just a gamer not an expertgrin

So trust me at ur own peril grin

1 Like 1 Share

Re: FEC Approves Another $1bn Chinese Loan by crackhouse(m): 3:49am On May 16
U guys should keep selling Nigeria to China. No problem.
Re: FEC Approves Another $1bn Chinese Loan by Salebo: 3:53am On May 16
lexy2014:




D one in Rwanda is "peat-fired" while d one in Morocco is solar. Which one is our own?

You mean your own?

OLODOISM is all yours...

MOHRUN that cannot learn to read and comprehend..

1 Like 1 Share

Re: FEC Approves Another $1bn Chinese Loan by OAUTemitayo: 5:13am On May 16
Jiang:


Probably due to the Dam, hydro power stations are much more expensive

P.S am talking from experience based on city building gaming experience. I have no idea how it works in reality. Am just a gamer not an expertgrin

So trust me at ur own peril grin
Lol

1 Like

Re: FEC Approves Another $1bn Chinese Loan by Daguccizgreat(m): 5:17am On May 16
Seetto:
Thunder go fire PDP and their supporters , see as dem dey abandon project up and down, and some goofoons miscreants go come online dey tell us how goodluck take start am...
Who's this cretin that can't even read and understand

1 Like

Re: FEC Approves Another $1bn Chinese Loan by blackpanda: 5:26am On May 16
rusher14:


Why not pay from your own pocket?

Cos u don't have d money
Re: FEC Approves Another $1bn Chinese Loan by urose93(f): 5:34am On May 16
Why are we still borrowing when our TSA has hit #30 trillion. Abi nah virtual TSA dey Nigeria
Just thinking
Re: FEC Approves Another $1bn Chinese Loan by khalhokage(m): 6:49am On May 16
$1b for 360 megawatts of electricity?
Re: FEC Approves Another $1bn Chinese Loan by Shikini: 7:35am On May 16
I weep for Nigeria
Re: FEC Approves Another $1bn Chinese Loan by lexy2014: 7:36am On May 16
Salebo:


You mean your own?

OLODOISM is all yours...

MOHRUN that cannot learn to read and comprehend..

Bros sorry ooh, it seems u mistook nairaland 4a psychiatric ward. Actually, it isn't. Nairaland is a platform were people upload, read and make comments on news items. Am not 2 sure ur post falls into uploading, reading & commenting on a news item.

I would have loved 2 recommend professional help 4u but i haven't gone thru what u going thru. But pls give me some time let me ask around 4u. There might b one or two professionals in d country who will b willing 2 help u. Pls hang in there. Help is on d way
Re: FEC Approves Another $1bn Chinese Loan by Reference(m): 7:48am On May 16
komodapson:
I strongly applaud Federal Government on this decision but I hope and pray the loan is not given out in cash...or else.. the folktales about "yam and goat in farmhouse" will come to play. I wish the Chinese Government will deploy their skilled workers, professionals, and machineries to site and then facilitate easy technological transfer between Nigerian Engineers and Chinese Engineers...if not...your guess is as good as mine

What is so difficult about building a dam that you cannot do it via direct labour. Is that how China developed. The bulk of the cost of dams is civil works (cement, sand, stones and steel rebar) and the turbines and generators can be bought off the shelf these days.

Judt trading our destinies. We are like a middle class family that employs a battalion of cooks, drivers and all manner of domestic help. The next generation will certainly live in penury simply because they will grow to know nothing and will inherit nothing having spent all on the comforts they should have avoided. After 60 yesrs of independence, tnere are certain things visionary leadership should be doing to get this country working for itself.

1 Like

Re: FEC Approves Another $1bn Chinese Loan by safetyInspector(m): 8:01am On May 16
Such huge amount for 360MW. My company just finished construction of 2,520MW in Qatar at the cost of 2.4Billion USD.
writefreely:
$1bn for just 360MW shocked Something is not correlating grin
Country for sale
Re: FEC Approves Another $1bn Chinese Loan by writefreely: 8:13am On May 16
safetyInspector:
Such huge amount for 360MW. My company just finished construction of 2,520MW in Qatar at the cost of 2.4Billion USD.
I need a job Sir
Re: FEC Approves Another $1bn Chinese Loan by holacorp(m): 8:20am On May 16
rusher14:


Why not pay from your own pocket?
Continue till China annex Nigeria and probably use your ancestors' graveyard to plant ginseng and tea. Receive brain and stop exhibiting grand 'Zombieism'
Re: FEC Approves Another $1bn Chinese Loan by rusher14: 8:22am On May 16
holacorp:
Continue till China annex Nigeria and probably use your ancestors' graveyard to plant ginseng and tea. Receive brain and stop exhibiting grand 'Zombieism'

Shut up last zombie.

How do you suggest you pay for development.

Even the various links I gave in Morocco and Rwanda were loan facilities.

Too many of you ignoramuses on this forum.

You litter the entire nation and its not surprising the nation is backward.
Re: FEC Approves Another $1bn Chinese Loan by Sammyblaq(m): 8:49am On May 16
This loans are not helping us...
Nigeria should cut off those neighbouring countries tapping into our MW and channel it within; then we will see the effect positively.

China will surely come for us one day.
Re: FEC Approves Another $1bn Chinese Loan by jesmond3945: 9:27am On May 16
360 mw for 1bn dollars?
Re: FEC Approves Another $1bn Chinese Loan by GidiWoodsMan: 10:07am On May 16
The Chinese would have become our new colonial masters by the time Buhari is done.

The painful aspect is that all this money he is borrowing will end up stolen or otherwise mismanaged because he is just president for show, the people pulling his strings remain in the shadows and they are all thieves. The man Buhari is obviously senile.
Re: FEC Approves Another $1bn Chinese Loan by KingWarri: 10:26am On May 16
Iyajelili:
When will you have Sense?
in his death bed
Re: FEC Approves Another $1bn Chinese Loan by Happiness98: 12:32pm On May 16
Loan again!.. they cant even give account for the previous one! Imagine Nigeria rank on IMF list. Country for sale and China is buying.
Re: FEC Approves Another $1bn Chinese Loan by starstaz(m): 9:43pm On May 16
MissRaine69:
Very soon the most popular name in Nigeria will be
张伟

Raine! Pardon me.

what's d meaning:::sum id quod sum.

Curiosity no go injure man
Re: FEC Approves Another $1bn Chinese Loan by MissRaine69(f): 10:49pm On May 16
starstaz:


Raine! Pardon me.

what's d meaning:::sum id quod sum.

Curiosity no go injure man
I am what I am
Re: FEC Approves Another $1bn Chinese Loan by starstaz(m): 3:34am On May 17
MissRaine69:
I am what I am
Appreciate.
French! or Spanish!
Re: FEC Approves Another $1bn Chinese Loan by MissRaine69(f): 6:23am On May 17
starstaz:

Appreciate.

French! or Spanish!
Older than the two
Latin
Re: FEC Approves Another $1bn Chinese Loan by starstaz(m): 6:55am On May 17
MissRaine69:

Older than the two
Latin

Incredible/ Amazing.

Thanks and thanks.

I want to believe that is d only line u know in Latin. Except otherwise. (2). It appears that its a popular reference to prophet Isah (Jesus).
Re: FEC Approves Another $1bn Chinese Loan by MissRaine69(f): 7:08am On May 17
starstaz:


Incredible/ Amazing.

Thanks and thanks.

I want to believe that is d only line u know in Latin. Except otherwise. (2). It appears that its a popular reference to prophet Isah (Jesus).
1. I have a parent who speaks Latin so I know fair few
2. It refers to me

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