Timfreds:
Believe it or not, what Buhari is doing to this nation in our very eyes, the multiple effect will be felt by our grandchildren.
Buhari is mortgaging Nigeria on a broad daylight.

If you had met functioning railway in Nigeria, your life would have been better and of higher quality

48 laws of power
Disguise till you aquire your desires

Salowise:
I don't think china is planing to hijack our sovereignty, these loans can be paid in exchange of crude, the only thing i see is china taking any of our mult-naltional company when it passes the time to pay back the loan which is not anytime soon.

So it’s good China takes over crude oil production in the South of Nigeria as collateral for the loans they’re dishing to Nigeria?

What collateral would the China take over in Northern Nigeria?

Sincinnati:
So it’s good China takes over crude oil production in the South of Nigeria as collateral for the loans they’re dishing to Nigeria?

What collateral would the China take over in Northern Nigeria?

Oil is not the only thing giving Nigeria money, in a few years VAT mostly from Lagos will exceed oil

ipob terrorist will not like this

obailala:
If China takes over our railways and run the sector for the next 100 years, why exactly should that be a concern to me, given the current status of things today? Would it stop ordinary Nigerians from using the trains?

If China takes over ownership of our airport buildings and run them for the next 100 years, how exactly does that affect me negatively in comparison with the way things are run now under the control of Nigerian govt? Will ordinary Nigerians be forced to sit in cargo compartments of planes? Wouldnt the airports and the trains even be managed better than they're currently run?

The so called sovereignty we keep worrying about, of what value has that sovereignty been to me or to any Nigerian in the last 60 years? PRIDE?

Meanwhile the amount Nigeria currently owes China is even less than $5bn; that amount can easily be repaid by even state governments. So why's there so much uproar about these Chinese loans?

It's mostly people unhappy about seeing the new rails running. They can go to that extent be because they desperately want to say nothing has been achieved in the last 6 years.

Our indebtedness to China till now is just over $3bn about 10% of our total foreign loans. Why is the West not concerned about losing our sovereignty due to the holders of the 90% of our debts? It's all geopolitics, which many Nigerians are ignorant about.

If we can't believe what is said by Jinchuan, Should we now believe your own beer parlour gist


NONSENSICAL

tesseract:
Believe at your own peril

ThatFairGuy1:
If we can't believe what is said by Jinchuan, Should we now believe your own beer parlour gist


NONSENSICAL

Naivety at its peak. Y'all can keep deceiving yourselves.

It's not commonsensical to have believed Nigeria leader would take loan with condition of sovereignty betrothal to China if failed to repay.

Where did you get your own info. Let's know

tesseract:

Naivety at its peak. Y'all can keep deceiving yourselves.

Believe china people to your perils....and the average Chinese is a scammer...

Seriia leone is a visit of China scam....part of this country beach and land has been converted to Chinese property....

Unlike European and American, China are wicked and devilish in nature

Sincinnati:
So it’s good China takes over crude oil production in the South of Nigeria as collateral for the loans they’re dishing to Nigeria?

What collateral would the China take over in Northern Nigeria?

No that's not what i'm meant, i'm from rivers state before you think i'm a northerner and i'm also not a supporter of buhari. Yes we're been cheated here, companies like indorama, ph refinery and other companies production takes place here and hq located in lagos or abuja, but the only way we can pay back our loan is by giving china crude oil or any valuable thing that is worth up to the amount agreed to be paid back, you know crude oil is the major thing been exported from nigeria. Or they can also pay with the money generated from the railway.

Salowise:

No that's not what i'm meant, i'm from rivers state before you think i'm a northerner and i'm also not a supporter of buhari. Yes we're been cheated here, companies like indorama, ph refinery and other companies production takes place here and hq located in lagos or abuja, but the only way we can pay back our loan is by giving china crude oil that is worth up to the amount agreed to be paid back, you know crude oil is the major thing been exported from nigeria.

Crude oil to pay back the loans the whole of Nigeria used at the detriment of the well being of Niger Deltans.

They should also add cocoa, palm oil, coal, groundnuts and cotton or cows to the collateral. 1 group of people paying for the development of others.

Where they expecting China to say they will take away our sovereignty?? Ask China what exactly it will do if we can’t pay then know ur fate.

Dear friends, search for news, China has never participated in the politics of other countries, cooperation between two countries, is a business partner, why would they first consider, can not repay what should be done?Backward needs to starve, development, more people have food, have jobs！
Why default in the first place? If you have business contacts with your partners, you must first check, otherwise you are not a smart businessman, my dear friends work hard, it is great to be able to help others when you are rich in life

Smart guy, a lot of people don't know what you're talking about!

Ovamboland:


It's mostly people unhappy about seeing the new rails running. They can go to that extent be because they desperately want to say nothing has been achieved in the last 6 years.

Our indebtedness to China till now is just over $3bn about 10% of our total foreign loans. Why is the West not concerned about losing our sovereignty due to the holders of the 90% of our debts? It's all geopolitics, which many Nigerians are ignorant about.

Many ignorant replies, if China takes over Nigeria's sovereignty, does it need to invest more money in our country's economic development? Solve our jobs and food? Would you do that as a businessman?

Glink2018:
Believe china people to your perils....and the average Chinese is a scammer...

Seriia leone is a visit of China scam....part of this country beach and land has been converted to Chinese property....

Unlike European and American, China are wicked and devilish in nature

Many ignorant replies, if China takes over Nigeria's sovereignty, does it need to invest more money in our country's economic development? Solve our jobs and food? Would you do that as a businessman?

KillMNKnow:
IPOB terrorists will not like this news

You always sound stupid. She-male

Sincinnati:
Crude oil to pay back the loans the whole of Nigeria used at the detriment of the well being of Niger Deltans.

They should also add cocoa, palm oil, coal, groundnuts and cotton or cows to the collateral. 1 group of people paying for the development of others.

Agriculture is mostly done by individual and not the government, the government provides grants and loans to farmers here in nigeria. I only use crude as a case study, see industry that is been controlled by the government, money can be generated from any industry the government are fully participating in it. Well i think the chinese are smart people, you can pay back their loan with something valuable, you know some countries exchange crude for gold, so they can exchange their loan with valuable thing, our question should be how much is their interest rate

xiewilllian:
Many ignorant replies, if China takes over Nigeria's sovereignty, does it need to invest more money in our country's economic development? Solve our jobs and food? Would you do that as a businessman?

If China takes our sovereignty, automatically we become a slave to the Chinese government...and don't expect something great to happen to Nigerians living in the country because all that China government will be pursuing is to look for any of your resources that will keep fetching them money....while they compel the citizens to do the job that they are not interested in doing...

Invitationn:

Which is?

What will happen if Nigeria defaults in loan repayment?

donnie:


What will happen if Nigeria defaults in loan repayment?

I did answer that in my previous submission.
The Chinese invokes the terms in the agreement. Simple!

Invitationn:

I did answer that in my previous submission.
The Chinese invokes the terms in the agreement. Simple!

Isn't that the obvious answer for any agreement? Are you taking us for fools? Please what are those terms?

donnie:


Isn't that the obvious answer for any agreement? Are you taking us for fools? Please what are those terms?

Oga relax, no be fight
I watched the NASS session where they raised the question of losing sovereignty to China.
These fears were addressed.
Of course that's the obvious answer like you observed, so what answer do you want again?
If your government is daft enough to stake your sovereignty for loans, then so be it.

If you want to believe they did stake your sovereignty against facts that they didn't, it's up to you.

Invitationn:

Oga relax, no be fight
I watched the NASS session where they raised the question of losing sovereignty to China.
These fears were addressed.
Of course that's the obvious answer like you observed, so what answer do you want again?
If your government is daft enough to stake your sovereignty for loans, then so be it.

If you want to believe they did stake your sovereignty against facts that they didn't, it's up to you.

Again you're not specific and it's on purpose, because many of you choose to hide simple clear facts.

Truth is, in event of a default, they will own that asset... be it a road, railway, stadium, seaport or airport. It will be owned by the Chinese government and they'll have right to run it as theirs and even bring in their police to protect such assets where necessary. Stop the beating around the bush or hiding of facts, it's EVIL.

valentineuwakwe:


https://dailypost.ng/2021/07/22/china-explains-nigeria-loans-rejects-plot-to-hijack-sovereignty/

“In China, we did not have money, we did not have technology, and we did not know how to manage the economy.”

Calling Aso Rock Villa. Una de hear? Even the Chinese know.

donnie:


Again you're not specific and it's on purpose, because many of you choose to hide simple clear facts.

Truth is, in event of a default, they will own that asset... be it a road, railway, stadium, seaport or airport. It will be owned by the Chinese government and they'll have right to run it as theirs and even bring in their police to protect such assets where necessary. Stop the beating around the bush or hiding of facts, it's EVIL.

"Truth is,..."
Where did you find your TRUTH? In the contract or in your prejudice?
You probably drafted the agreement. Lol
Why don't you back your TRUTH up with some proof?

You need the British back. The British know everything here

Glink2018:


If China takes our sovereignty, automatically we become a slave to the Chinese government...and don't expect something great to happen to Nigerians living in the country because all that China government will be pursuing is to look for any of your resources that will keep fetching them money....while they compel the citizens to do the job that they are not interested in doing...

donnie:


Again you're not specific and it's on purpose, because many of you choose to hide simple clear facts.

Truth is, in event of a default, they will own that asset... be it a road, railway, stadium, seaport or airport. It will be owned by the Chinese government and they'll have right to run it as theirs and even bring in their police to protect such assets where necessary. Stop the beating around the bush or hiding of facts, it's EVIL.

And they will bring Chinese people all the way from China to be riding the train because they own it? Or they will shut it down for years to recover their money?

What's the serious difference in the scenario a Chinese govt company invested in our rail or seaport and are running it to make their money back?

Then you wait, others to develop the economy, and you stay put! Wait for other countries to popularize cars and you still have to worry about buying a motorcycle!

donnie:


Again you're not specific and it's on purpose, because many of you choose to hide simple clear facts.

Truth is, in event of a default, they will own that asset... be it a road, railway, stadium, seaport or airport. It will be owned by the Chinese government and they'll have right to run it as theirs and even bring in their police to protect such assets where necessary. Stop the beating around the bush or hiding of facts, it's EVIL.