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Jonathan, Not Buhari, Signed $500m China Loan Agreement With China - Amaechi - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Jonathan, Not Buhari, Signed $500m China Loan Agreement With China - Amaechi (1051 Views)

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Jonathan, Not Buhari, Signed $500m China Loan Agreement With China - Amaechi by HappyNigerian: 1:16pm On Aug 02
Amaechi, in a statement on Saturday, said that the $500 million loan was collected during the regime of former president, Goodluck Ebele Azikiwe Jonathan and not in the government of President Muhammadu Buhari.

Minister of Transportation, Rotimi Amaechi has stated that Nigerian government has the capability to pay back loans collected for the construction of rail projects within the stipulated period of 20 years, but that the loan was not collected by the present government as claimed by many. Torixus reports.




Amaechi, in a statement on Saturday, also said that the Chinese government are the only rich country in the world that can give out loans with a very low interest rate of 2.8 percent. And that’s why the last Government proceeded.

“The 500 million dollars was not taken by us, it was taken by President Goodluck Jonathan in his term and that clause was there.

“Nigeria has the capacity to pay back for the period of 20 years at 2.8 per cent, which country will give you that loan? Secondly, these loans are not given to us, they are paid directly to the contractors.

The minister also said that the Nigerian government has paid 96 million Dollars already and will complete the full payment before the next 20 years.

“We are paying the loans. In the same National Assembly sitting, they were told that of the 500million dollars loan, we have paid 96 million dollars already, Nigeria is already paying.

https://www.inform.ng/post/jonathan-not-buhari-signed-500m-china-loan-agreement-with-china-amaechi

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Re: Jonathan, Not Buhari, Signed $500m China Loan Agreement With China - Amaechi by Simplyleo: 1:16pm On Aug 02
Shildren of 8, anger, perdition and frustration, here comes yet another golden opportunity to brutally tongue lash Rotimi Ameachi, Tinubu and Buhari even though the assertion can't be debunked.

Even though the $500m deal was signed by Gej, let us simply assume that is the money Tinubu parked in "the bullion van". This is to create a conducive platform to mercilessly insult Tinubu down to his forefather.

By so doing, Donald Trump will force Buhari out of Aso Rock so athifku can become the president. undecided

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Re: Jonathan, Not Buhari, Signed $500m China Loan Agreement With China - Amaechi by SmartProf(m): 1:18pm On Aug 02
Is it also Jonathan that has been sending multiple loan requests to be approved by this present rubber stamp national assembly? A government that is lame resorts to blame.

3 Likes

Re: Jonathan, Not Buhari, Signed $500m China Loan Agreement With China - Amaechi by ifytrik(m): 1:20pm On Aug 02
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Re: Jonathan, Not Buhari, Signed $500m China Loan Agreement With China - Amaechi by warripekin(m): 1:21pm On Aug 02
And when we say you are working projects initiated by Jonathan and halfway completed by him, you all begin to rant .APC is a waste. You have gone ahead to borrow billions more on projects already paid for by Jonathan.

10 Likes 3 Shares

Re: Jonathan, Not Buhari, Signed $500m China Loan Agreement With China - Amaechi by zombieTRACKER: 1:22pm On Aug 02
Simplyleo:

As expected by the blaming blamers

Its not today....

Useless party full of thieves and their hungry zombie supporters

1 Like

Re: Jonathan, Not Buhari, Signed $500m China Loan Agreement With China - Amaechi by zombieTRACKER: 1:25pm On Aug 02
warripekin:
And when we say you are working projects initiated by Jonathan and halfway completed by him, you all begin to rant .APC is a waste. You have gone ahead to borrow billions more on projects already paid for by Jonathan.

Good news here is that china is willing to take over the south west... With full backing of the Fulani led federal government

1 Like

Re: Jonathan, Not Buhari, Signed $500m China Loan Agreement With China - Amaechi by Tranquillity360: 1:26pm On Aug 02
Not only that.Goodluck sold South west to China.
Re: Jonathan, Not Buhari, Signed $500m China Loan Agreement With China - Amaechi by bigwig071(m): 1:30pm On Aug 02
That's a good news
Re: Jonathan, Not Buhari, Signed $500m China Loan Agreement With China - Amaechi by flyingpig: 1:42pm On Aug 02
SmartProf:
Is it also Jonathan that has been sending multiple loan requests to be approved by this present rubber stamp national assembly? A government that is lame resorts to blame.
add the first letter of Buhari's name to lame it becomes blame shocked

1 Like

Re: Jonathan, Not Buhari, Signed $500m China Loan Agreement With China - Amaechi by pquaver(m): 2:23pm On Aug 02
warripekin:
And when we say you are working projects initiated by Jonathan and halfway completed by him, you all begin to rant .APC is a waste. You have gone ahead to borrow billions more on projects already paid for by Jonathan.

Oga sign of loan is not paying and working.. They signed it but were still thinking of how to collect their share 4 years pass nothing..
Re: Jonathan, Not Buhari, Signed $500m China Loan Agreement With China - Amaechi by hajimosho(m): 3:28pm On Aug 02

Now that their Lord's name has been mentioned, is it reasonably to rain blames and curses on him, being the norm from this unprogressive folk

2 Likes

Re: Jonathan, Not Buhari, Signed $500m China Loan Agreement With China - Amaechi by seunmsg(m): 4:41pm On Aug 02
SmartProf:
Is it also Jonathan that has been sending multiple loan requests to be approved by this present rubber stamp national assembly? A government that is lame resorts to blame.

The loan that you guys are wailing about was signed by Ngozi Okonjo Iweala during the Jonathan presidency and that is what this thread is all about. Stop trying to muddle up the issue.
Re: Jonathan, Not Buhari, Signed $500m China Loan Agreement With China - Amaechi by tenseion: 4:42pm On Aug 02
Re: Jonathan, Not Buhari, Signed $500m China Loan Agreement With China - Amaechi by seunmsg(m): 4:46pm On Aug 02
warripekin:
And when we say you are working projects initiated by Jonathan and halfway completed by him, you all begin to rant .APC is a waste. You have gone ahead to borrow billions more on projects already paid for by Jonathan.

Playing to the gallery as expected. He signed the loan contract since 2013/2014 and refused to do anything about it because there was no loophole for looting the funds. Buhari became president in 2015 and immediately started the process of implementing the contract agreement. He paid the full FG counterpart funds for the projects and work started. That’s the difference between Jonsthan and Buhari.

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Re: Jonathan, Not Buhari, Signed $500m China Loan Agreement With China - Amaechi by alizma: 5:36pm On Aug 02
warripekin:
And when we say you are working projects initiated by Jonathan and halfway completed by him, you all begin to rant .APC is a waste. You have gone ahead to borrow billions more on projects already paid for by Jonathan.
Your brain should have tell you that if Nigeria is to work by approved projects, we wouldn't have been here today. Is about execution and that is where this administration is far better than the previous ones.
Few days ago you people were busy shouting " buhari has mortgage your future by such loan agreement but now that you are aware that the loan was signed during Jonathan era, you are looking for exit route again.
Re: Jonathan, Not Buhari, Signed $500m China Loan Agreement With China - Amaechi by bigwig071(m): 5:36pm On Aug 02
HappyNigerian:
Amaechi, in a statement on Saturday, said that the $500 million loan was collected during the regime of former president, Goodluck Ebele Azikiwe Jonathan and not in the government of President Muhammadu Buhari.

Minister of Transportation, Rotimi Amaechi has stated that Nigerian government has the capability to pay back loans collected for the construction of rail projects within the stipulated period of 20 years, but that the loan was not collected by the present government as claimed by many. Torixus reports.




Amaechi, in a statement on Saturday, also said that the Chinese government are the only rich country in the world that can give out loans with a very low interest rate of 2.8 percent. And that’s why the last Government proceeded.

“The 500 million dollars was not taken by us, it was taken by President Goodluck Jonathan in his term and that clause was there.

“Nigeria has the capacity to pay back for the period of 20 years at 2.8 per cent, which country will give you that loan? Secondly, these loans are not given to us, they are paid directly to the contractors.

The minister also said that the Nigerian government has paid 96 million Dollars already and will complete the full payment before the next 20 years.

“We are paying the loans. In the same National Assembly sitting, they were told that of the 500million dollars loan, we have paid 96 million dollars already, Nigeria is already paying.

https://www.inform.ng/post/jonathan-not-buhari-signed-500m-china-loan-agreement-with-china-amaechi
and how did tinubu carry to his house the two billion van?
Re: Jonathan, Not Buhari, Signed $500m China Loan Agreement With China - Amaechi by Afolabimills(m): 6:21pm On Aug 02
Who has been collecting the loan n looting it?awon ode
Re: Jonathan, Not Buhari, Signed $500m China Loan Agreement With China - Amaechi by NGpatriot: 6:35pm On Aug 02
warripekin:
And when we say you are working projects initiated by Jonathan and halfway completed by him, you all begin to rant .APC is a waste. You have gone ahead to borrow billions more on projects already paid for by Jonathan.







The State Of $470 Million Abuja CCTV Cameras & Solar Panel Backups 6 Months After Installation


These photos were taken 6-months after a Chinese firm, ZTE Corporation, reportedly completed the installation of Close Circuit Television Cameras (CCTV) in the Federal Capital Territory (FCT), Abuja.

The contract was awarded to the Chinese company for $470 million and under the Umaru Yar'adua regime. The contract amount was reportedly increased by President Goodluck Jonathan.

However, a few months later the cameras and the solar panels installed to back them up have fallen apart.


http://saharareporters.com/2013/04/29/photonews-state-470-million-abuja-cctv-cameras-solar-panel-backups-6-months-after



What is this one saying?

Abeg read.

This is what Jona and his cronies did with the $500 China loan.

Re: Jonathan, Not Buhari, Signed $500m China Loan Agreement With China - Amaechi by IamWonderful: 6:38pm On Aug 02
zombieTRACKER:


Good news here is that china is willing to take over the south west... With full backing of the Fulani led federal government
Your parents or Whosoever funded your literacy program deserved a refund, it was a total waste

1 Like

Re: Jonathan, Not Buhari, Signed $500m China Loan Agreement With China - Amaechi by jubilee55f: 8:41pm On Aug 02
Leave Amaechi alone. Buhari is the monster of this regime. Amaechi and co are still feeling the heat of his pathetic embarrassment. But there's nothing they can do about him until 2023. So sad for this country.
Re: Jonathan, Not Buhari, Signed $500m China Loan Agreement With China - Amaechi by Friend22(m): 10:12pm On Aug 02
SmartProf:
Is it also Jonathan that has been sending multiple loan requests to be approved by this present rubber stamp national assembly? A government that is lame resorts to blame.

Is that the topic?
You aren't even smart enough to keep to the topic.

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