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Nairaland Forum / Nairaland / General / Politics / Ononuju Asks Amaechi To Resign Over Deal Conceding Nigeria Sovereignty To China (27126 Views)
Amaechi To Nigerians: Whatever You Voted For Is What You Deserve / Galaxy Backbone: Clauses Conceding Nigeria's Sovereignty To China Uncovered / Ministerial Screening: Lawan Asks Amaechi To “Take A Bow” (2) (3) (4)
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Re: Ononuju Asks Amaechi To Resign Over Deal Conceding Nigeria Sovereignty To China by nedekid: 7:19pm On Jul 31, 2020 |
wirinet: https://nairametrics.com/2018/10/30/nigeria-earned-n1-16-billion-from-rail-in-six-months/ The above is from 2 years ago. I saw a recent interview where he said the funds generated on kaduna Abuja route not enough to fund operations and they needed fgn subsidies to operate. |
Re: Ononuju Asks Amaechi To Resign Over Deal Conceding Nigeria Sovereignty To China by Soulmender: 7:47pm On Jul 31, 2020 |
abbey621: Can you in your massive wisdom tell us what you mean by " China will come for their money"? I guess you're wiser than the members of rep and the minister who read out the terms of the contract himself. Oga Solomon |
Re: Ononuju Asks Amaechi To Resign Over Deal Conceding Nigeria Sovereignty To China by Anwons(m): 7:51pm On Jul 31, 2020 |
RichDad1: Then, Amaechi was in sdp before joining APC? U guys should keep receiving yourselves |
Re: Ononuju Asks Amaechi To Resign Over Deal Conceding Nigeria Sovereignty To China by Ade3131: 7:56pm On Jul 31, 2020 |
RichDad1: You're choking the sane people on this thread with this you comment... You're better than this. You just read that your stateman led your country into signing off on loan terms that's written in Chinese language and you're spewing those things out of your head! Lemme just stop here jare |
Re: Ononuju Asks Amaechi To Resign Over Deal Conceding Nigeria Sovereignty To China by Igbo6(m): 7:57pm On Jul 31, 2020 |
RichDad1:Sharapppppppp nepotism will not kill your generation. What the man is saying is true. Go through the agreement and stop behaving like illiterate. |
Re: Ononuju Asks Amaechi To Resign Over Deal Conceding Nigeria Sovereignty To China by jbhitler(m): 8:00pm On Jul 31, 2020 |
RichDad1:And where was amaechi in the last 16 years? |
Re: Ononuju Asks Amaechi To Resign Over Deal Conceding Nigeria Sovereignty To China by jadyclem(m): 8:07pm On Jul 31, 2020 |
RichDad1: This is not about pdp or apc. This is about nigeria - you and me. So signing off nigeria's sovereignty is commendable en? With people like this Nigeria has no hope. What amaechi did is nothing but treason and demands the death penalty. You took a foreign loan without the approval of the law makers and signed off the country in the process. In Saner climes both buhari and amaechi are supposed to be in prison by now. It's time we stop looking at things from pdp and apc angle and start looking at it from the Nigerian angle because those guys don't give a fvck about you and me. 1 Like |
Re: Ononuju Asks Amaechi To Resign Over Deal Conceding Nigeria Sovereignty To China by olisaEze(m): 8:08pm On Jul 31, 2020 |
The recolonization of Africa by the Chinese, and our stupid dumbest party in Africa the APC under this clueless 'always in shock mode' president agreed to this? God no go shame us because of una! |
Re: Ononuju Asks Amaechi To Resign Over Deal Conceding Nigeria Sovereignty To China by Perewenkle1: 8:19pm On Jul 31, 2020 |
When you have people we call leaders who are supposed to protect and serve us are busy selling our sovereignty and they see nothing wrong with it should be charged as treason, this is a serious issue, they are supposed to read the agreement line by line instead they rush to sign for fear China will back out for reading the fine prints. What do you think China will call us, smart people? No, they will call us zombies who know nothing. |
Re: Ononuju Asks Amaechi To Resign Over Deal Conceding Nigeria Sovereignty To China by highflyer012020: 8:23pm On Jul 31, 2020 |
you are the one that is more foolish. to sell the sovereignty of Nigeria to china shows that the people in involve does not love their country only they are after their pocket. no fraud is bigger than this crime against the state. PDP were better negotiators than this fraud this government has committed against the Nigeria state. RichDad1: |
Re: Ononuju Asks Amaechi To Resign Over Deal Conceding Nigeria Sovereignty To China by futurerex: 8:32pm On Jul 31, 2020 |
RichDad1: RichDad1:JSTFU do you even know what sovereignty is all about |
Re: Ononuju Asks Amaechi To Resign Over Deal Conceding Nigeria Sovereignty To China by Angel1696: 8:32pm On Jul 31, 2020 |
RichDad1:APC P. R. O have spoken |
Re: Ononuju Asks Amaechi To Resign Over Deal Conceding Nigeria Sovereignty To China by Bekool(m): 8:32pm On Jul 31, 2020 |
SmartPolician: Jeeez is that actually the agreement? I thought it's just only the assets that the loan was used to build this people have finished us. |
Re: Ononuju Asks Amaechi To Resign Over Deal Conceding Nigeria Sovereignty To China by babajero(m): 8:56pm On Jul 31, 2020 |
RichDad1: |
Re: Ononuju Asks Amaechi To Resign Over Deal Conceding Nigeria Sovereignty To China by blackboy(m): 9:04pm On Jul 31, 2020 |
Not only resign if true but arrested for treason. |
Re: Ononuju Asks Amaechi To Resign Over Deal Conceding Nigeria Sovereignty To China by zeusdgrt(m): 9:25pm On Jul 31, 2020 |
abbey621:Repayment plan for a country loan doesn't take the charge of sovereignty of collateral either it focuses on the product payment,is a means to recoup investment and interest in international lending not total acquisition,product percentage payment is often used e.g crude etc.Well u kind of a layman when it comes to finance so I will forgive your ignorance. |
Re: Ononuju Asks Amaechi To Resign Over Deal Conceding Nigeria Sovereignty To China by Doncento: 9:27pm On Jul 31, 2020 |
RichDad1:you are a useless monkey, continue being a slave in your country spits |
Re: Ononuju Asks Amaechi To Resign Over Deal Conceding Nigeria Sovereignty To China by abbey621(m): 9:31pm On Jul 31, 2020 |
zeusdgrt: You're an idiot! Have you picked up the signed contract for the loan and examined it yourself? Before you call someone ignorant learn to read. Let me break it down to you, it simply states that Nigeria cannot use the excuse of being a sovereign nation to get out of paying its debt, it simply means they could come after almost any assets in Nigeria to recover the debt in case of default or failure to pay. In case you don't understand, we have had countries in the past use the excuse of war, bankruptcy, natural disasters and more to get out of paying their debts. It's nothing new, so before you call someone ignorant, do a little bit of research, IT WON'T KILL YOU! |
Re: Ononuju Asks Amaechi To Resign Over Deal Conceding Nigeria Sovereignty To China by abbey621(m): 9:37pm On Jul 31, 2020 |
Soulmender: Yes I am wiser than majority of the so called quacks in Congress and certainly more qualified than most of them! When you sign a loan you have to put down collaterals. In this case the Nigerian government used its assets as collateral. When China comes for its money, it will go through international court, it can't just come and take over Nigeria. THIS IS NOT WAR! The court would more than likely seize Nigerian assets abroad and require us to pay the amount owed. This is how all loans work, big or small. Anything else you would like to know from your wise king? |
Re: Ononuju Asks Amaechi To Resign Over Deal Conceding Nigeria Sovereignty To China by BreconHills(m): 9:43pm On Jul 31, 2020 |
Lexusgs430: And if you incur international debt, the lender can seize your assets anywhere it finds them in the world. What is the difference, exactly? |
Re: Ononuju Asks Amaechi To Resign Over Deal Conceding Nigeria Sovereignty To China by Soulmender: 9:56pm On Jul 31, 2020 |
abbey621: Lol. Wise King. Literally, it doesn't mean that China will take over Nigeria as a country, but from the terms of the contract as explained by the minister himself suggests that when Nigeria defaults in payment of the loan China can actually go for any Nigeria asset of their choice. So which asset do you think China would go for? They'll definitely go for the most important and valuable that'll affect Nigeria negatively and thereby controlling Nigerian economy. Correct me if I'm wrong. |
Re: Ononuju Asks Amaechi To Resign Over Deal Conceding Nigeria Sovereignty To China by ospido: 9:59pm On Jul 31, 2020 |
RichDad1: Lesser revenue how? You forget how much was a dollar and how much it is today. |
Re: Ononuju Asks Amaechi To Resign Over Deal Conceding Nigeria Sovereignty To China by abbey621(m): 10:06pm On Jul 31, 2020 |
Soulmender: No they cannot just go for any asset, where do you people get this nonsense from? A $400 million debt does not mean China can just take over Lagos or our airports. Like I explained earlier, an international court of arbitrations will decide what will happen and before any internal assets are taken, all our external assets will be sized or sold first. Y'all need to stop this scare tactics, we have been borrowing money from China since the Early 1990s and nothing dey happen, this age of social media and sensation news have got y'all tripping! |
Re: Ononuju Asks Amaechi To Resign Over Deal Conceding Nigeria Sovereignty To China by Soulmender: 10:18pm On Jul 31, 2020 |
abbey621: The major issue here is that this administration has borrowed so much already and still borrowing without any strong means of payment, oil is no longer booming like it used to, we're not that good in Agriculture and other our internal generated revenue is not even enough to take care of our budget.. In the event that all external assets are seized, don't you think it'll affect us? Well, let's just pray and hope we don't default. In summary, any relationship that involves giving and taking, the giver always gave the upper hand. God bless Nigeria |
Re: Ononuju Asks Amaechi To Resign Over Deal Conceding Nigeria Sovereignty To China by Elvictor: 10:23pm On Jul 31, 2020 |
only an illiterate will take what this man said serious, anything coming from PDP chieftain on this matter is absurd, he was busy pointing flaws without analyzing any, everything was written to meet his conclusion. rather, experts on this field should be allowed to talk and air their views, Economist, Lawyers, and those fields connected to this matter should air their views. not some dumb clueless politician that has been in power without a thing to show for it. |
Re: Ononuju Asks Amaechi To Resign Over Deal Conceding Nigeria Sovereignty To China by abbey621(m): 10:31pm On Jul 31, 2020 |
Soulmender: Now you're talking! See this is a different but more logical argument than 9ja has been sold or the rubbish the reps were spewing. First question we must ask is this: Does the Nigerian government have the right to borrow money? Next question: Who or what is holding them accountable? Final question: Is this even a country anymore? We have a bunch of rogue people leading a clueless populace and we expect what exactly? My brother, no hope for 9ja, I fail to see how it will get better when Congress is just as corupt as the the Executive branch and the Judiciary is a puppet of the Executive as well. It's a zoo my guy, make we contineu dancing like monkeys! |
Re: Ononuju Asks Amaechi To Resign Over Deal Conceding Nigeria Sovereignty To China by Lexusgs430: 10:36pm On Jul 31, 2020 |
BreconHills: Country debt is very different from personal debt....... The most important keynotes are, the terms of agreements........... |
Re: Ononuju Asks Amaechi To Resign Over Deal Conceding Nigeria Sovereignty To China by Rolexjerry(m): 10:38pm On Jul 31, 2020 |
RichDad1:Building massive infrastructure from Chinese debt. Thank God they have finally sold this country. Let me see where zombies like u will breed in future. Idiot. |
Re: Ononuju Asks Amaechi To Resign Over Deal Conceding Nigeria Sovereignty To China by Soulmender: 11:22pm On Jul 31, 2020 |
abbey621: If actually the money will be properly used on the project, It would've been better, at least we'll have another means of transportation and revenue and creating employment opportunities at the same time but sadly half of the money will go into pockets and our suffering continues..... |
Re: Ononuju Asks Amaechi To Resign Over Deal Conceding Nigeria Sovereignty To China by King44(m): 11:39pm On Jul 31, 2020 |
All Chinese infrastructural contracts should be reviewed.... If this things are not done we will regret. We the masses would regret it the most... It us better not to let the case go under the rug like other cases... Zambia is now a Chinese colony, Ethiopia etc.. Nigeria is in line... The only trick they uses loan, infrastructure construction etc Go to YouTube and confirm what I said. On other thread I just said my mind, not knowing that it is actually happening.. Chinese would give you bronze and collect platinum from you that is how it is Apc would finish us but I won't only blame them pdp started it. |
Re: Ononuju Asks Amaechi To Resign Over Deal Conceding Nigeria Sovereignty To China by zeusdgrt(m): 11:40pm On Jul 31, 2020 |
abbey621:Seriously?U are dumb and outdated,read more about international trade,is never a total acquisition deal it is payment by product prorated by time inline with interest value.Oga u are an outdated mugu.Try upgrade and stop arguing about a profession you know nothing of u clown!the contract agreement that now involves total acquisition makes it a very weird agreement written in Chinese inscription.Guy u are dumb and stupid! |
Re: Ononuju Asks Amaechi To Resign Over Deal Conceding Nigeria Sovereignty To China by mindtricks: 12:01am On Aug 01, 2020 |
I sorry sorry for Nigeria. |
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