The United States has said China has the potential to influence the Nigerian government through Chinese loans.

This was stated in the Integrated Country Strategies document by the US Department of State, which was obtained by The PUNCH.

The document was originally approved on April 6, 2022, but was reviewed and updated on June 23, 2023.
According to the document, China offered sub-prime financing for various infrastructure projects in the country.[url][/url]https://punchng.com/us-accuses-china-of-influencing-nigeria-with-loans/?amp

See what APC have reduced Nigeria to..

Just see what APC government has reduced Nigeria to.

African leaders are bereft of ideas, that's why we will always be exploited. It's only Africans that can develop Africa not West or East.
We were "okay" until we had Buhari, he borrowed Nigerian future into oblivion, he was wasteful and unintelligent, the corruption they said he came to fight was worse than ever in his government. His ministers had free rein and stole whatever they borrowed. Ahmed Lawan was there to approve every loan he asked for and now we are so broke.
The new president, instead of cutting cost of governance is proposing a bloated cabinet of Ali Baba and 47 thieves just to settle his political elites and in three months we've see that the master strategist is equally clueless.
They tell us to bear for a while and move in convoy of tens of cars and senators share a 'little token' for their holidays.
The citizens are the worst and I have no pity for the suffering masses because in the next four years they will go and vote based on ethnicity and religious divide, they will vote people that have weaponised poverty, religion and tribe.
Those boys in my street that argued non stop that they are standing on his mandate are all sitting down on hard benches with empty stomach now, I still have my salary even though the purchasing power has reduced but no matter the economy of the jungle, the lion can never eat grass.
Next four years, vote another fossil brain and we will continue to suffer it, all of us with no exception.

Do the US has an integrated country strategies, maybe through economic development bait, sanctions, deprivation, sabotage and direct funding. Waooo

Chinjo2:
Just see what APC government has reduced Nigeria to.

most you wail everyday?
where was USA under Jonathan government when approach them for arms to fight Boko Haram, what was there response that time?

They refused the request citing Nigeria long standing human rights abuse

fuckJones:
most you wail everyday?
where was USA under Jonathan government when approach them for arms to fight Boko Haram, what was there response that time?

They should pay off the debts and start controlling us by themselves since the former giant is now the big for nothing baby of Africa that anyone can toss around anyhow

blaqsainz:
They refused the request citing Nigeria long standing human rights abuse

if happened you are our president today between china and USA who will you run to for help?

If you want a comfortable or reasonable good life as it stands in Nigeria try to earn in foreign currency as long as you are internet literate...

The online space is where you can earn at least $100 monthly using a skill or investment.
You can self-learn or get a mentor.



Wittyness

fuckJones:
most you wail everyday?
where was USA under Jonathan government when approach them for arms to fight Boko Haram, what was there response that time?

So because they refused to aid us with weapons then Nigerian government should use China loan to improverish the country?


Trying to support this government will make you so unreasonable.


APC government with no economic plans decided to take loans from China just to share within themselves.

Didn't you noticed that APC presidential ticket cost the most? Do you know how much was made selling the ticket?

JASONjnr:


So because they refused to aid us with weapons then Nigerian government should use China loan to improverish the country?


Trying to support this government will make you so unreasonable.


APC government with no economic plans decided to take loans from China just to share within themselves.

Didn't you noticed that APC presidential ticket cost the most? Do you know how much was made selling the ticket?

the same USA are owning china China $895b, that is more than ten years of Nigeria Budget, china are the second-greatest amount of U.S. total debt after Japan, USA are owing Japan over one trillion dollars.
if dept are bad why is USA owning other countries?

blaqsainz:
The United States has said China has the potential to influence the Nigerian government through Chinese loans.

This was stated in the Integrated Country Strategies document by the US Department of State, which was obtained by The PUNCH.

The document was originally approved on April 6, 2022, but was reviewed and updated on June 23, 2023.
According to the document, China offered sub-prime financing for various infrastructure projects in the country.[url][/url]https://punchng.com/us-accuses-china-of-influencing-nigeria-with-loans/?amp

IMF? World Bank?

fuckJones:
if happened you are our president today between china and USA who will you run to for help?

I will go to china,we have all seen the help US can render

JASONjnr:


So because they refused to aid us with weapons then Nigerian government should use China loan to improverish the country?


Trying to support this government will make you so unreasonable.


APC government with no economic plans decided to take loans from China just to share within themselves.

Didn't you noticed that APC presidential ticket cost the most? Do you know how much was made selling the ticket?

be sincere to your all Chinese loans to Nigeria and are project based loans ,you tell them what you want to use the money for ,they will come and build the project for you and you pay them in over a period of time , that's why we have the kaduna rail ,Ibadan Lagos rail and so on, project based loans are for corrupt countries like NIgeria politicians don't even get to see the money to steal . unlike what western finance sources like IMF,and world bank loans they only tell you to devalue your currency or give you some other conditions they don't care what you use the money for .

For instance the $500m loan they offered NIgeria recently to soften the effect of subsidy removal is uncalled for , there is no reason to collect loan for that ,because after removing subsidy has already saved trillions of naira but instead of using that so soft the effect they went to accept loan from western finance sources.

All the loans we have been collecting from IMF and world bank I can't figure a single thing they have done with it .

fuckJones:
the same USA are owning china China $895b, that is more than ten years of Nigeria Budget, china are the second-greatest amount of U.S. total debt after Japan, USA are owing Japan over one trillion dollars.
if dept are bad why is USA owning other countries?

let them go and offset their loans with china before they preach to US

If I were Nigeria president I will cut cost of governance, ban importation of all goods except technical machineries, avoid foreign loans and even world Bank grants that has conditions attached to it, enact robust economic resuscitation policy that are growth driven and have an all participation government. Over dependence on foreign grants has led to favouritism to coporations and organizations with interests.
But alas what do I know about government and fiscal responsibilities?

fuckJones:
if happened you are our president today between china and USA who will you run to for help?

Watcharena:
let them go and offset their loans with china before they preach to US

simple