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Nairaland Forum / Nairaland / General / Politics / China Loan: Amaechi Says "No Need To Panic, Nigeria Is Already Paying Back" (23998 Views)
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Re: China Loan: Amaechi Says "No Need To Panic, Nigeria Is Already Paying Back" by LukasPodolski: 12:09pm On Aug 02, 2020 |
Adlac:If you're talking about $500m then that's a very SMALL money in the context of Nigeria. 1 Like |
Re: China Loan: Amaechi Says "No Need To Panic, Nigeria Is Already Paying Back" by KGREAT(m): 12:09pm On Aug 02, 2020 |
the information is okay but im still afraid of ameachi. |
Re: China Loan: Amaechi Says "No Need To Panic, Nigeria Is Already Paying Back" by SIRTee15: 12:16pm On Aug 02, 2020 |
castiello: U are the one spewing rubbish ..... Go n read the clause generating so much trouble. If Nigeria defaults, china is allowed to seize any assets except military n diplomatic assets. |
Re: China Loan: Amaechi Says "No Need To Panic, Nigeria Is Already Paying Back" by RealEzee(m): 12:30pm On Aug 02, 2020 |
So now it was taken by GEJ govt? This pple ehnnn |
Re: China Loan: Amaechi Says "No Need To Panic, Nigeria Is Already Paying Back" by 9gerian: 12:43pm On Aug 02, 2020 |
True o! That’s one tap that has remained completely open. School feeding that is meant to be an incentive for schooling, has been turned to home feeding program They keep fooling themselves but imagine the people are actually fooled. Corruption galore... bolaayenimo: |
Re: China Loan: Amaechi Says "No Need To Panic, Nigeria Is Already Paying Back" by AMINDA: 12:48pm On Aug 02, 2020 |
xperiencelove: You don't have to worry about that. The loans cannot be embezzled because the Chinese government will only release the money directly to the contractor after Nigeria signs that the project has been delivered. No Nigerian government official comes in contact with the money. Nigeria has engaged the services of the Italians to ensure that the projects are built according to European standards. It's a win-win for everybody. |
Re: China Loan: Amaechi Says "No Need To Panic, Nigeria Is Already Paying Back" by sleemomymy: 12:48pm On Aug 02, 2020 |
vhykeeytor:YOU ARE AN IGNORANT. |
Re: China Loan: Amaechi Says "No Need To Panic, Nigeria Is Already Paying Back" by manikspears: 1:04pm On Aug 02, 2020 |
Let us see the evidence |
Re: China Loan: Amaechi Says "No Need To Panic, Nigeria Is Already Paying Back" by Laslaslala: 1:24pm On Aug 02, 2020 |
AroleOduduwa2:u dey mind that terrorist abdul |
Re: China Loan: Amaechi Says "No Need To Panic, Nigeria Is Already Paying Back" by MrSquint: 1:32pm On Aug 02, 2020 |
Believing what they say is like believing the devil himself. The truth will be uncovered soon Retarded Set |
Re: China Loan: Amaechi Says "No Need To Panic, Nigeria Is Already Paying Back" by opeey(m): 1:42pm On Aug 02, 2020 |
This government will continue to take us as a fool. Amaechi never admitted that this present administration collected huge loan from china.. he only talked about past administration borrowing money.. This people are just dribblers. |
Re: China Loan: Amaechi Says "No Need To Panic, Nigeria Is Already Paying Back" by Scout60(m): 1:45pm On Aug 02, 2020 |
Guestlander: what of if the railways system fail before we repay the loan, what then do you think the Chinese will take over? do you know that it is always difficult for Nigeria to repay back loans, what of if the money enter another pocket? |
Re: China Loan: Amaechi Says "No Need To Panic, Nigeria Is Already Paying Back" by Scout60(m): 1:48pm On Aug 02, 2020 |
Ayomi90: Chaiii... how much do you think north generate to the igr? For the record, abia state has the highest gas reserve in Nigeria. Imo state is an oil producing state. Enugu has the largest coal depot in west Africa. What then do north contribute? 1 Like |
Re: China Loan: Amaechi Says "No Need To Panic, Nigeria Is Already Paying Back" by Scout60(m): 1:54pm On Aug 02, 2020 |
abduljabbar4: of course Zambia problem didn't start today... when they are entrapping them and enjoying themselves with Chinese money, they forgot the repayment date. Now Nigeria is heading towards that direction. Have you ever ask yourself what of if the railway system fails and Nigeria fails to repay back the loans, what will happen? |
Re: China Loan: Amaechi Says "No Need To Panic, Nigeria Is Already Paying Back" by Guestlander: 1:56pm On Aug 02, 2020 |
Scout60: First of all, the money is paid directly to the contractors. It is not the kind of loan anyone can embezzle. Your second question; what if the rail system fail before we can repay the loan. In this type of project the contractor doesn't just leave when the project is completed, they are usually available as per agreement to fix any technical or unforseen issues which may come up after completion until Nigerians can take over and fix it themselves. |
Re: China Loan: Amaechi Says "No Need To Panic, Nigeria Is Already Paying Back" by vhykeeytor(m): 2:09pm On Aug 02, 2020 |
sleemomymy: see this ignorant fool that doesn't know that they have mortgage his future and that of his generation yet unborn....and if Nigeria govt refuse to pay back the loan....they would compel him to go to China and work without pay. Why didn't they explain all these to us in the first place until the house of rep....exposed them? GOD GO SHAME BUHARI.... If..... |
Re: China Loan: Amaechi Says "No Need To Panic, Nigeria Is Already Paying Back" by vhykeeytor(m): 2:13pm On Aug 02, 2020 |
jumper524: if only you can reason with your brain...that's if you have not sold it for a plate of Amala and Ewedu soup in the last ileya. That was how you foolishly voted an old vegetarian and now we are paying dearly for it by collecting loan here and there. |
Re: China Loan: Amaechi Says "No Need To Panic, Nigeria Is Already Paying Back" by wiseoneking: 2:23pm On Aug 02, 2020 |
Simplyleo:Do you mean flying BAT? I dont really understand |
Re: China Loan: Amaechi Says "No Need To Panic, Nigeria Is Already Paying Back" by ajl: 2:24pm On Aug 02, 2020 |
AroleOduduwa2: China already has a base in Djibouti in Africa. If any country fail to pay back a loan and refused to hand over the assets, the Chinese military is ready to move in. America is the world greatest debtor and protects itself by having the most formidable military in the world just in case it can't meet it's debt obligation. People are still sleeping in Nigeria. When Chinese military forcefully take over once Nigeria default and refuse to hand over the assets, Nigerians eyes will clear. |
Re: China Loan: Amaechi Says "No Need To Panic, Nigeria Is Already Paying Back" by Simplyleo: 2:26pm On Aug 02, 2020 |
wiseoneking:Yes, flying BAT. Hope you now understand. |
Re: China Loan: Amaechi Says "No Need To Panic, Nigeria Is Already Paying Back" by Nobody: 2:33pm On Aug 02, 2020 |
DexterousOne:Nigeria needs a very serious revolution, not violence but we can mobilize a great number of people that will speak against the evil and change things in this country. |
Re: China Loan: Amaechi Says "No Need To Panic, Nigeria Is Already Paying Back" by bejeria101(m): 2:42pm On Aug 02, 2020 |
Believe this government of intergrity at your own peril. Nothing good can come out of this cesspit of a government. |
Re: China Loan: Amaechi Says "No Need To Panic, Nigeria Is Already Paying Back" by ogweye: 2:49pm On Aug 02, 2020 |
Borrowing from China to pay China� |
Re: China Loan: Amaechi Says "No Need To Panic, Nigeria Is Already Paying Back" by King44(m): 3:12pm On Aug 02, 2020 |
Elvictor:It turns out you are more ignorant and adamant than I thought... What is the essence of getting educated when you can't do a simple realistic logical thinking. You just contradicted yourself when you asked that rhetoric question. I have stated the answer clearly but I am not sure if you read or understood what you even read. Once more Nigeria won't pay because the leaders only understand contract but they don't understand the content, they won't ask for help before signing and when they are done signing, they won't keep to their own side of the deal. It is bad and it would affect us on the long run, so learn to read and understand before you start typing nonsense with those sore fingers of yours. |
Re: China Loan: Amaechi Says "No Need To Panic, Nigeria Is Already Paying Back" by bigwig071(m): 3:15pm On Aug 02, 2020 |
But we still need more loan from china so that jobless hausa Fulani youths to go buy more exotic cars then more bullion van in tinubu house for the up coming election.una never see anything |
Re: China Loan: Amaechi Says "No Need To Panic, Nigeria Is Already Paying Back" by bigwig071(m): 3:18pm On Aug 02, 2020 |
But the time wey them dey borrow the dey develop una side non of you talk against am.just tell me who is fooling who? |
Re: China Loan: Amaechi Says "No Need To Panic, Nigeria Is Already Paying Back" by NGpatriot: 3:36pm On Aug 02, 2020 |
Islie:
This is what Jona and his cronies did with the $500 China loan. This is what we are still paying for, obsolete rubbish that was never completed and never served Nigerians in anyway. On top of that, they inserted a clause in the contract that the terms of the loans must never be questioned, revealed or debated.
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Re: China Loan: Amaechi Says "No Need To Panic, Nigeria Is Already Paying Back" by NGpatriot: 3:39pm On Aug 02, 2020 |
Servicing Chinese loans for failed projects is double jeopardy for Nigerians—they can neither see nor benefit from the projects; yet, they are made to pay both the loans and the accrued interests.” ” Very sad. |
Re: China Loan: Amaechi Says "No Need To Panic, Nigeria Is Already Paying Back" by chinebu(m): 4:03pm On Aug 02, 2020 |
Re: China Loan: Amaechi Says "No Need To Panic, Nigeria Is Already Paying Back" by Slimpotter(m): 4:47pm On Aug 02, 2020 |
abduljabbar4: China has never colonized nor sabotaged our industries but it's the Chinese that are bad. I see that Nigerians are sinophobic and are very ignorant, hating on the Chinese for no good reason, they act like the west ever cared for us. |
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