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Jonathan Also Collected Loan From China, Amaechi Replies PDP Chieftain - Politics (3) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Jonathan Also Collected Loan From China, Amaechi Replies PDP Chieftain (18090 Views)

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Re: Jonathan Also Collected Loan From China, Amaechi Replies PDP Chieftain by Reference(m): 1:29pm On Aug 05, 2020
cana882:
At least we’re seeing some effect of the loan in rail transportation than Jonathan’s era that everything was embezzled. Amaechi you’ve done well but please reduce the amount and frequency of borrowing.

Hahahaha... how can you have too much of a good thing. Sit down with this double talk. Amaechi!!!...Fire on. More, more, more loans. Ypu have donr well too. We must develop by force. We either develop trains or we develop sense.

1 Like

Re: Jonathan Also Collected Loan From China, Amaechi Replies PDP Chieftain by semyman: 1:29pm On Aug 05, 2020
Pathetic graduates everywhere
Nigerian higher institutions are not helping the society with some of their products
Re: Jonathan Also Collected Loan From China, Amaechi Replies PDP Chieftain by RTSC: 1:33pm On Aug 05, 2020
obailala:
It's only natural that you reply an accusation when the accuser is even more guilty of the crime he accuses you of.

More than 80% of the debt Nigeria currently owes China was borrowed under PDP. So it's outright stupidity for someone of the PDP fold to try and accuse APC of borrowing 'too much from China.
Actually, apc has borrowed far more than the pdp.
Re: Jonathan Also Collected Loan From China, Amaechi Replies PDP Chieftain by Golan007: 1:34pm On Aug 05, 2020
[s]
Centcanada:
This Amechi of a man will not End well ooo. Mark my word. Any saboteur always come back shamelessly.
[/s]

For saying the truth always abi?

When Jonathan/PDP received such loans our sovereignty wasn't in danger.

Need I remind you, this is the same attitude many of you had in 2015 when loans were to be taken for railway, you agitated.
When you started seeing the reality of the rail lines in Southwest many of you went into apoplexy.
Re: Jonathan Also Collected Loan From China, Amaechi Replies PDP Chieftain by ridwanlawal: 1:43pm On Aug 05, 2020
KWAN PIU SHION EPRI WEAR
Re: Jonathan Also Collected Loan From China, Amaechi Replies PDP Chieftain by tesppidd: 1:53pm On Aug 05, 2020
Brandstudio01:
Hnnm
I wish I can remind these guys that Nigerians votes out Jonathan because of these same reasons.

Meaning nothing has changed both in policy and governance except the supporters club

Abeg jare , I will Design a Professional Logo for your product or Business for 2k Only
Did you read the article at all? Did he blame Jonathan for anything?

99.99999% of all the comments so far have no correlation with what the article is about.

Just a bunch of Nigerians filled with hate and looking for every opportunity to dispense hatred.
Re: Jonathan Also Collected Loan From China, Amaechi Replies PDP Chieftain by Femijohn198: 2:02pm On Aug 05, 2020
I weep for Nigeria,no hope for the unborn generation
Re: Jonathan Also Collected Loan From China, Amaechi Replies PDP Chieftain by tesppidd: 2:03pm On Aug 05, 2020
kenodrill:





Thats the rudeness of an achiever!
Lol

He is confusing the swag and confidence of an achiever with rudeness.

Let him compare Amaechi composure with the NNDC guy that fainted.

You answer authoritatively they complain, you kukuma faint they still complain.
Re: Jonathan Also Collected Loan From China, Amaechi Replies PDP Chieftain by Billygene: 2:07pm On Aug 05, 2020
Brandstudio01:
Hnnm
I wish I can remind these guys that Nigerians votes out Jonathan because of these same reasons.

Meaning nothing has changed both in policy and governance except the supporters club

Abeg jare , I will Design a Professional Logo for your product or Business for 2k Only

Obama removed Jonathan and not your VOTE. Your vote never counted after Abiola
Re: Jonathan Also Collected Loan From China, Amaechi Replies PDP Chieftain by Ghostmode2two(m): 2:07pm On Aug 05, 2020
Change indeed
Re: Jonathan Also Collected Loan From China, Amaechi Replies PDP Chieftain by Nobody: 2:12pm On Aug 05, 2020
Makanakico:
Go go go Ameachi, the best minister in this administration.
Ipobians wants this loan cancelled [b]because they hate development, [/b]the only development they know is developing places with drugs, arms, and fraud.

Imagine some people's thinking, hiw can you want someone to give you a loan and feel insulted for them asking how to collect the loan if you default, that is as fair as possible.
Please China grant this loan, so that our darling daddy could deverop our dear kontry.

grin grin

Because they hate development!!?
Try and visit the east slowpoke!
Re: Jonathan Also Collected Loan From China, Amaechi Replies PDP Chieftain by JoffreyBeroth(m): 2:14pm On Aug 05, 2020
[quote author=cana882 post=92482914]At least we’re seeing some effect of the loan in rail transportation than Jonathan’s era that everything was embezzled. Amaechi you’ve done well but please reduce the amount and frequency of borrowing.[/quote

You’re not wise. It’s all over your comment
Re: Jonathan Also Collected Loan From China, Amaechi Replies PDP Chieftain by emmyrate1(m): 2:17pm On Aug 05, 2020
Makanakico:
Go go go Ameachi, the best minister in this administration.
Ipobians wants this loan cancelled because they hate development, the only development they know is developing places with drugs, arms, and fraud.

Imagine some people's thinking, hiw can you want someone to give you a loan and feel insulted for them asking how to collect the loan if you default, that is as fair as possible.
Please China grant this loan, so that our darling daddy could deverop our dear kontry.

grin grin
your father didn't even give small portion of his brain when u are born. That is if ur father have a brain at all.
Re: Jonathan Also Collected Loan From China, Amaechi Replies PDP Chieftain by anucha20natasha: 2:24pm On Aug 05, 2020
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Re: Jonathan Also Collected Loan From China, Amaechi Replies PDP Chieftain by jamace(m): 2:28pm On Aug 05, 2020
psucc:
So APC is simply competing with PDP over bad governance. This what PDP used 16years to do; APC capped it in just 5years. Who says they've not achieved something?

Failure is when you use another's failure to justify your incompetency.
Gbam! gbam!! Gbam!!!
Re: Jonathan Also Collected Loan From China, Amaechi Replies PDP Chieftain by Clergy20: 2:33pm On Aug 05, 2020
Why is it difficult to understand what the Minister was saying? He wasn’t using GEJ to justify the loans the government is taking, he was only reacting to the statement by the PDP chieftain. Amaechi actually believe that taking these loans to fund our infrastructure needs is the best way to go, and when a PDP person objected to it, he only pointed out that they also believed in the loan to fund infrastructure initiative. How’s that difficult to understand? Why all tantrums?

1 Like

Re: Jonathan Also Collected Loan From China, Amaechi Replies PDP Chieftain by olisaEze(m): 2:35pm On Aug 05, 2020
So una wan out-borrow GEJ and PDP abii?

Most remarkable how d reason for naming it after GEJ is being revealed after ur people have claimed that it was to shame him!
And that’s how all d people profiting from all dis Herdsmen/BH terror war will be exposed! Nothing is really hidden under dis our sun for long.
Re: Jonathan Also Collected Loan From China, Amaechi Replies PDP Chieftain by okunwaye(m): 2:37pm On Aug 05, 2020
ForeThinker:
Selling our future to buy private jets and mansions overseas Incase Yawa gas X10

Them go flee with their families wey still remain for the kon3

Na ur future them sell no be us
Re: Jonathan Also Collected Loan From China, Amaechi Replies PDP Chieftain by NGpatriot: 2:40pm On Aug 05, 2020
The Abuja CCTV camera project is a cause to worry as to how projects are handled in Nigeria. The project has been abandoned for years but the $470M loan borrowed from China is being serviced.

The Closed Circuit Television (CCTV) camera project was to be financed with a $600m financing portfolio, which was secured as a soft credit loan, with 3% interest repayable in 10 years, after an initial 10 years of grace. For the Chinese government to agree to give out a loan, specific projects had to be tied to it in order to allow them to repatriate certain percentage of the sum loaned, including interest.

The next step taken was the installation of solar panels with batteries and other components for the CCTV camera around the FCT with no traceable monitoring locations. This was as a result of ZTE Communications being caught up in a dilemma as the initial money put aside for the project could no longer add up due to some of its pre-execution costs.But six years later, the mounted panels around FCT were left in ruins while vandals helped themselves to the panels.



Nine years since the contract was awarded, nothing has been done to revive the failed Abuja CCTV camera project while Nigeria’s continuously paying back the loan borrowed to fund the project and another call for investigation has been made.



https://culturecustodian.com/abuja-cctv-camera/

Re: Jonathan Also Collected Loan From China, Amaechi Replies PDP Chieftain by NGpatriot: 2:41pm On Aug 05, 2020
^^^^^^^^^^^^^^^



What Jona and his looting and stealing cronies gave us for their $500 million China loan that we are still paying for.
Re: Jonathan Also Collected Loan From China, Amaechi Replies PDP Chieftain by chrisblack: 2:53pm On Aug 05, 2020
psucc:
So APC is simply competing with PDP over bad governance. This what PDP used 16years to do; APC capped it in just 5years. Who says they've not achieved something?

Failure is when you use another's failure to justify your incompetency.
the question many of you guys refused answering is very glaring .Even down to your so-called Representatives in Abuja. Nation's borrow. The issue is the terms and how it's been implemented. aMeachic said something very sensible. The issue is that many of you just rant without reasoning. Are. The projects there to see. Yes.
The issue I have is the terms as regards the issue of local content. That's were they failed.
Buying bulk of all materials needed for the project from chaina without recourse to local content is the issue. Steel imported could have been sourced from ajaokuta. The reasonable thing would have been borrow money from China with it's expertise to fix ajaokuta ones and for All.
That would dramatically reduce the cost and amount of what needs to be borrowed in Future. Bulk of what the Money is being used to purchase is .steel. we have it in abundance. If it's fixed. They would export and make money. Paying back would be easy. China is smart. They need to offload their steel glut as a result of the tradewar.nigerians and all who argue are just plain stupid. We leave the main strategic questions. We need asking studio questions.even the so called reps.
Re: Jonathan Also Collected Loan From China, Amaechi Replies PDP Chieftain by bobby56(m): 2:54pm On Aug 05, 2020
obailala:
It's only natural that you reply an accusation when the accuser is even more guilty of the crime he accuses you of.

More than 80% of the debt Nigeria currently owes China was borrowed under PDP. So it's outright stupidity for someone of the PDP fold to try and accuse APC of borrowing 'too much from China.

ILLITERACY IS A DISEASE that can only be cured by sound education. Chairman, you are an ILLITERATE!

What AMAECHI is saying is that 80% of the RAIL PROJECT had been completed during GEJ's time (hence the naming of Agbor station after GEJ) not 80% of Nigeria's current debt profile. As at 2015 when GEJ left, Nigeria's debt is about $6bn USD (80% of it was borrowed by the States - Lagos was highest with over N1 trillion debt). But, as at 31st May, 2020 Nigeria's debt has grown to above $85bn USD (above N32 trillion -at current official rate). Please, can you tell us if 80% of $85bn is $6bn? For a quick reminder, was it PDP that borrowed $29.8bn recently approved by the NASS? Or was it PDP that borrowed the $3bn recently approved by the World bank? What about the ones borrowed during the first tenure of PMB? Please always read well before making any comment.

1 Like

Re: Jonathan Also Collected Loan From China, Amaechi Replies PDP Chieftain by chrisblack: 3:00pm On Aug 05, 2020
gurunlocker:
This government is terrible!



Everything they do, they always compare to GEJ administration, even security situation.


They will be calculating or comparing the number of people that died during a bomb blast in the last administration and this administration grin cheesy
you are also terrible. His reference to Jonathan was as a result of the statemen
t of the PDP guy who lacks understanding. He was calling him out for critising him for the same exact terms PDP signed with China.
All countries borrow. Even if we like we borrow 100bn it not the issue.were we have issues is the sincerity and commitment. If 100bn would fix Nigeria once and for all I will support it. Provided that there is a payment plan couple with beneficial impact assessment to Nigerians in all aspects. If 100bn would fix our economy,security Nepa etc for once we should borrow and ensure its implemented. Borrowing is not bad in it self. Our people are the issue. Including you
Re: Jonathan Also Collected Loan From China, Amaechi Replies PDP Chieftain by cana882(m): 3:14pm On Aug 05, 2020
Sermwell:

just look at how you are disgracing yourself with so much stupidity!! even Amechi here said 80% of the project was executed by Jonathan's administration!! mumu!!
audio execution. Which interstate train travel with modern coaches was promulgated by GEJ’s regime?

Re: Jonathan Also Collected Loan From China, Amaechi Replies PDP Chieftain by cana882(m): 3:16pm On Aug 05, 2020
[quote author=JoffreyBeroth post=92485235][/quote] 600 years for you!!

Re: Jonathan Also Collected Loan From China, Amaechi Replies PDP Chieftain by Iogobenz(m): 3:19pm On Aug 05, 2020
Afromentalist:
I thought you wanted to bring about change !?
My brother I tire ooo grin

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Re: Jonathan Also Collected Loan From China, Amaechi Replies PDP Chieftain by gurunlocker: 3:20pm On Aug 05, 2020
chrisblack:
you are also terrible. His reference to Jonathan was as a result of the statemen
t of the PDP guy who lacks understanding. He was calling him out for critising him for the same exact terms PDP signed with China.
All countries borrow. Even if we like we borrow 100bn it not the issue.were we have issues is the sincerity and commitment. If 100bn would fix Nigeria once and for all I will support it. Provided that there is a payment plan couple with beneficial impact assessment to Nigerians in all aspects. If 100bn would fix our economy,security Nepa etc for once we should borrow and ensure its implemented. Borrowing is not bad in it self. Our people are the issue. Including you


They've been borrowing for 5 years more than any administration, out of what you listed, what have they fixed?
Re: Jonathan Also Collected Loan From China, Amaechi Replies PDP Chieftain by chrisblack: 3:38pm On Aug 05, 2020
gurunlocker:



They've been borrowing for 5 years more than any administration, out of what you listed, what have they fixed?
I was in ikeja yesterday the final leg of the Lagos ibadan final rail lines are being fix. For your information .There are 2 standard guage rail lines and 1 narrow guage. The 1 standard and 1 narrow guage fully completed. The last leg of the remaining 2nd guage should be completed at the rate they are moving by month ending. Even work on the terminals have resumed and at fast pace.
So what are you talking about guy
Re: Jonathan Also Collected Loan From China, Amaechi Replies PDP Chieftain by Sermwell(m): 3:38pm On Aug 05, 2020
cana882:
audio execution. Which interstate train travel with modern coaches was promulgated by GEJ’s regime?
You can go and ask Rotimi Amechi that question!!
Re: Jonathan Also Collected Loan From China, Amaechi Replies PDP Chieftain by zudozz: 3:39pm On Aug 05, 2020
they always think they are talking to fools, people who were senseless enough to believe them n voted for them. So they tell people anything they like.
Re: Jonathan Also Collected Loan From China, Amaechi Replies PDP Chieftain by bobolaga: 3:43pm On Aug 05, 2020
When Jonathan collected loan from China,please tell me how much is Dolar exchange and bag of rice talk less of the rest of commodities,by then.

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