Mynd44:

It actually helps people doing business with China. You can have your naira account here and then use such account to purchase your goods.

Since a lot of our imports are from there, it helps.

I await when our importers will look to China for second hand cars instead of Canada and America

Haa, "ni nun gbogbo nkan mere-mere aye yii" na only second-hand car you fi see talk about?
E no go better for poverty

RichAbujaGuy:

As the mod said, it will streamline financial transactions. Most goods already are imported from China, even to the UK and US and elsewhere.
Chairman Mao taught his ppl to improve the earth for the masses, not for a select few of imperialists and the monarchy class.

Now let me ask you a question.
Do you know what happens to Chinese government officials convicted of corruption/fraud/419?

What has corruption got to do with this? This is not corruption by the Chinese but a clever way of destabilizing another country's economy for their own gain.

Na receipt remain make dem collect.........
Federal Republic Of Chinaria.

Mynd44:

It actually helps people doing business with China. You can have your naira account here and then use such account to purchase your goods.

Since a lot of our imports are from there, it helps.

I await when our importers will look to China for second hand cars instead of Canada and America

Why not build Nigeria cars?

Nigeria once built 180,000 cars a year in the 1980s.

Car manufacturing is not rocket science.

WhatCanIsay:


Know your history, at that period, China was nowhere to be found. It's the America that you love to hate that actually gave China the push they needed to elevate.

Idiot. Stop allowing your slave masters write your history for you. All glory and success of China goes to communism

You know when the Chinese bank comes, the people wailing now will become their most loyal customers. They'll leave our Nigeria banks and migrate to the Chinese banks. We know them.

He said

The Banking sector is very important, because without money, we cannot build our industries.

I thought the industries are Nigerian. The Chinese already own all the new ports under construction. If a foreign country owns the ports and dominates the banking sector then they can easily dominate the country.

Mynd44:

It actually helps people doing business with China. You can have your naira account here and then use such account to purchase your goods.

Since a lot of our imports are from there, it helps.

I await when our importers will look to China for second hand cars instead of Canada and America

You must be joking, most of the goods imported from China to Nigeria are of low qualities.

If not for corruption in Nigeria, majority of the goods from China should never be allowed to be discharged in the wharf

mike8804:
Second wave of colonization!

better than what we have where banks charge you as high as 30%

I saw a few mumu, pls excuse me, uninformed comments about 2nd hand or inferior Chinese made cars.
For all readers enlightenment prosperous, oil producing Norway has started importing Chinese brand Nio EV cars into their country.

https://insideevs.com/news/521823/first-nio-es8-reached-norway/

Ehhhh let them sell de country noting da nigerian again..
So I can lean how to speek chinese.... On time

He get as him be...
Na today.....

mike8804:
Second wave of colonization!

is it not better for chinko to colonize you with infrastructure to show for it than the Big Bros who had been feasting on you for centuries without anything to show for it?

Elfaris:
God bless Nigeria, the greatest black nation on earth.

you are mad.

adontcare:
u r not me

Lol sorry o, your position is safe

mike8804:
Second wave of colonization!

Mumu, is Berkeleys bank not Nigeria,RMBis here too

Olarewajutv:
Beautiful idea, infact great idea. Chinese just want to make things easier for Bubu, no need to travel to China for borrowing aqain..
Just a call to them and loan will be approve

Olodo, colonisation loading.

If Nigeria agrees lasan, that's the end. We will keep borrowing from them and because we will not be able to pay, they will legally be able to acquire national assets.

Beautiful idea ko, greta idea ni. You think the Chinese are doing this out of some altruistic ideals? You better not pray for your children language to officially be Mandarin

salvage

Olarewajutv:
Beautiful idea, infact great idea. Chinese just want to make things easier for Bubu, no need to travel to China for borrowing aqain..
Just a call to them and loan will be approve

Elsueno:
I will convert a quarter of my savings to Chinese yuan.


I have already decided on a Chinese name "Wang lei"


Will even marry a Chinese woman to complete d conversion.


Xiè xiè nǐ ma niggas

Ni hao nah nigga . My name is Xiao La

sulaak:


Why not build Nigeria cars?

Nigeria once built 180,000 cars a year in the 1980s.

Car manufacturing is not rocket science.

A few generations and some current 9ja leaders thought it was more important to build up the economy of the UAE/Dubai and the UK than invest oil revenue and capital here.
Imagine, a guy aspirering to be president but has a luxury. penthouse in Dubai.

I am beginning to smell RATS. Two CURRENCIES must not be allowed to circulate concurrently. The bad will chase the good out of CIRCULATION. This is it. Another SHARIA. Another Jaiz ISLAMIC BANK. Another BOKONOMICS.

China's population is 1.4billion. Upon their 1 child policy. If them born 2 pikins nko?
Nigeria 200 million.
China has 7 x Nigeria's population.
-
They are looking for space to expand their population.

timesup234:
Idiot. Stop allowing your slave masters write your history for you. All glory and success of China goes to communism

I know you are an slowpoke. Thanks for your time.

Mynd44:

It actually helps people doing business with China. You can have your naira account here and then use such account to purchase your goods.

Since a lot of our imports are from there, it helps.

I await when our importers will look to China for second hand cars instead of Canada and America

You made a very valid submission, but do you think that's the whole idea behind the establishment in the long run.
I doubt it

mike8804:
Second wave of colonization!

Don't say what you know absolutely nothing about.

oldtruth:


What has corruption got to do with this? This is not corruption by the Chinese but a clever way of destabilizing another country's economy for their own gain.

Corruption has everything to do with it. China will bring a breath of anti-corruption fresh air to this corruption riddled land.

And the only countries with a certified history of destabilising developing nations (for centuries) are the major players in the EU and the US.

Here's one example from not too long ago history.

https://www.google.com/amp/s/amp.theguardian.com/politics/2013/apr/14/thatcher-knew-of-equatorial-giun

The name get as e be sha...

limcar:


https://punchng.com/envoy-mulls-establishment-of-chinese-banks-in-nigeria/

Good ideal but there HQ should be in the east.

ENGINEERG:
This will be so GOOD.
If that is done, anyone can pay money to Chinese firms using their ABC account. It will be good for business and it will reduce demand in dollar too cos anyone can go to the bank and pay yuan equivalent with naira equivalent. Thereby bypassing the dollar.

Nigeria banks have branches in several countries too, so I don't know the fear of some people that China want to buy Nigeria.
Is Nigeria even worth buying again?

Just to tell you how selfish and protectionist Nigerians are. We have banks in our other countries, Nigerians also head political post and security agencies. Chinese should be allowed to thrive in Nigeria and we should stop complaining about colonization.

Mynd44:

It actually helps people doing business with China. You can have your naira account here and then use such account to purchase your goods.

Since a lot of our imports are from there, it helps.

I await when our importers will look to China for second hand cars instead of Canada and America

Men the way Nigerians think is shocking.

Why should we go to another country for second hand cars when we can create a condusive environment for our local assemble made brand.

Some times I just feel africans are never destined to lead but rather to be suppressed and put on leash given instructions from generation to generation.

frowland:


I guess GTB and Access bank are colonizing Ghana and other Afro countries, or so to say Nigeria’s first wave of colonization?

All you need to do is observe happenings on the international scene and see how the major players are moving.

Even in Africa, see what China is doing penetrating the society in a slow way. If you haven't noticed it, now wild be a good time to open your eyes, look around and observe what's going on.

China is spreading their influence, and thus their power

mike8804:
Second wave of colonization!

Nigerian banks are all over West Africa. What is wrong if banks from other countries come to Nigeria?