₦airaland Forum

zeusdgrt:
Oga go and sit down,am not only a finance personnel am an experienced one.So I know my colleagues when they talk,stop fooling yourself

Experienced finance professional yet as of 2017 was still searching for a job? Even if God answered your prayers in 2017, you would still be a novice in the profession with less than 5 years of experience......Go sleep, arguing with you is an insult in itself

zeusdgrt:
Lol........ seriously!and u still don't know about recent international trade financing repayment strategy? u are so funny and daft please stop disgracing urself .chai! U can't even lie successfully

Okay Professor, who are you that I'll go out of my way to lie to you? You really think highly of yourself don't you.....It's cute

Yea this is my district and I ain't voting for this mofo! As a Nigerian and an voice in the community, he is less Nigerian than American. In fact Gwinnett country is so devoid of Nigerian influence I find myself having to journey to Dekalb or Fulton County to meet up with Nigerian groups discussing a better life for Nigerians home and abroad. He is the chairman of Nigerians in Diaspora group and I'm ashamed to say that group is so USELESS, if you asked most Nigerians abroad about joining they'll just laugh at you.

zeusdgrt:
Am I missing the fact that you called me an idiot first?

Perhaps head back to your comment that caused my reply, here it is:

Repayment plan for a country loan doesn't take the charge of sovereignty of collateral either it focuses on the product payment,is a means to recoup investment and interest in international lending not total acquisition,product percentage payment is often used e.g crude etc.Well u kind of a layman when it comes to finance so I will forgive your ignorance .

3 Masters degrees, on-going Ph.D and over 8 years experience in the financial/inusrance industry here in the USA....I should have said thunder fire your left balls!

zeusdgrt:
Seriously?U are dumb and outdated,read more about international trade,is never a total acquisition deal it is payment by product prorated by time inline with interest value.Oga u are an outdated mugu.Try upgrade and stop arguing about a profession you know nothing of u clown!the contract agreement that now involves total acquisition makes it a very weird agreement written in Chinese inscription.Guy u are dumb and stupid!

Shows just how ignorant you are, obviously your parents did not train you with good manners, otherwise you wouldn't insult people you've never seen on social media!

Sunnyja:
So in essence a minister has the power to mortgage ANY of our national asset(s) of his choice in the name of loan considering the fact that such assets are what now and future generations will depend on. Even the National Assembly is claiming to be in the dark regarding the details of the loans. Why do people like to defend absurdities?! All of you shouting infrastructure, infrastructure I bet you a third of these of loans will end up in private pockets. Same story with Magu recovering billions and trillions but today even a child knows better.

Yes you gave them those rights. You elected the president and the president in turn appointed the minister and approved the loan. The discussion here is not about the loan being right for Nigeria, it is about whether Nigeria was sold to China. Let's stick to topic!

Unfortunately most Nigerian girls are senseless! Date a guy for 6 months, 3 of those six months you started building an emotional connection with another guy, is this not madness?

Any guy that comes after you while you have a boyfriend AND YOU ACCEPT will surely never trust you completely. There will always be that voice in the back of his head shouting, HOEEEEEEEE!

Soulmender:
The major issue here is that this administration has borrowed so much already and still borrowing without any strong means of payment, oil is no longer booming like it used to, we're not that good in Agriculture and other our internal generated revenue is not even enough to take care of our budget.. In the event that all external assets are seized, don't you think it'll affect us? Well, let's just pray and hope we don't default.
In summary, any relationship that involves giving and taking, the giver always gave the upper hand. God bless Nigeria

Now you're talking! See this is a different but more logical argument than 9ja has been sold or the rubbish the reps were spewing. First question we must ask is this: Does the Nigerian government have the right to borrow money? Next question: Who or what is holding them accountable? Final question: Is this even a country anymore?

We have a bunch of rogue people leading a clueless populace and we expect what exactly? My brother, no hope for 9ja, I fail to see how it will get better when Congress is just as corupt as the the Executive branch and the Judiciary is a puppet of the Executive as well. It's a zoo my guy, make we contineu dancing like monkeys!

Soulmender:
Lol. Wise King.
Literally, it doesn't mean that China will take over Nigeria as a country, but from the terms of the contract as explained by the minister himself suggests that when Nigeria defaults in payment of the loan China can actually go for any Nigeria asset of their choice. So which asset do you think China would go for? They'll definitely go for the most important and valuable that'll affect Nigeria negatively and thereby controlling Nigerian economy. Correct me if I'm wrong.

No they cannot just go for any asset, where do you people get this nonsense from? A $400 million debt does not mean China can just take over Lagos or our airports. Like I explained earlier, an international court of arbitrations will decide what will happen and before any internal assets are taken, all our external assets will be sized or sold first.

Y'all need to stop this scare tactics, we have been borrowing money from China since the Early 1990s and nothing dey happen, this age of social media and sensation news have got y'all tripping!

Soulmender:
Can you in your massive wisdom tell us what you mean by " China will come for their money"? I guess you're wiser than the members of rep and the minister who read out the terms of the contract himself. Oga Solomon

Yes I am wiser than majority of the so called quacks in Congress and certainly more qualified than most of them! When you sign a loan you have to put down collaterals. In this case the Nigerian government used its assets as collateral. When China comes for its money, it will go through international court, it can't just come and take over Nigeria. THIS IS NOT WAR!

The court would more than likely seize Nigerian assets abroad and require us to pay the amount owed. This is how all loans work, big or small. Anything else you would like to know from your wise king?

zeusdgrt:
Repayment plan for a country loan doesn't take the charge of sovereignty of collateral either it focuses on the product payment,is a means to recoup investment and interest in international lending not total acquisition,product percentage payment is often used e.g crude etc.Well u kind of a layman when it comes to finance so I will forgive your ignorance.

You're an idiot! Have you picked up the signed contract for the loan and examined it yourself? Before you call someone ignorant learn to read. Let me break it down to you, it simply states that Nigeria cannot use the excuse of being a sovereign nation to get out of paying its debt, it simply means they could come after almost any assets in Nigeria to recover the debt in case of default or failure to pay.

In case you don't understand, we have had countries in the past use the excuse of war, bankruptcy, natural disasters and more to get out of paying their debts. It's nothing new, so before you call someone ignorant, do a little bit of research, IT WON'T KILL YOU!

zeusdgrt:
And when they come for their money they own the right to the borrowing country's specific asset.Oga u can't defend nonsense

So how is this different from when you sign a loan using your car or business as collateral? How does this translate to selling the country to China? I hope you've heard of IMF or World Bank before, did you bother to read the loan agreements 9ja signed, how is it different to this one from China? Una just like to make noise instead of using logic!

So much stupidity in this country. One person cannot sell a country, you can however leverage your assets to secure loans. It is done with IMF loans, private loans such as the one with China is not unique. Sovereignity in the contract refers to the country(Nigeria) not able to use it's status as a sovereign nation to get out of paying its debts. It simply means if the government refuses to pay, China will come for their money!

Even EFCC won't be so daft to do such a thing. It would not only open a can of worms but give way for every politician both present and past to be probed at will, IT AIN'T HAPPENING!

Kylekent59:
But let not blame the keeper, when the defence is open, then a keeper will conceive goals.

Blame Chelsea defenders and not the keeper.

Wisdom should be applied.

We had the same defenders under Conte and never conceeded as much goals. Same defense under Mourinho with the exception of Cahill. Nothing changed! WestHam, Watford, Bournemouth, Aston Villa, Norwich all have terrible defenses but guess what, their keepers have an higher save percentage than Kepa! A keeper is defined by two things, positioning and one on one, Kepa is a failure in both departments and if the game against Liverpool didn't convince you then I guess nothing will! PLEASE JUST STOP!

Ategberoson:
Tripz indeed. your brain is doing overheating, visit a rewire at the psychiatric for a reset

I've said it earlier that you are just one low life attention seeker but I'm telling you, this will be my last civil response for you

Ategberoson:
I have been engaging a 17yrs old boy since, what an insult. can you dig more of the post? who knows it might revive your lost common sense


from the beginning of my post you've been reading something upside down that's why I called you don't understand English language. I've no reason to explained anything to a lowlifes like you, even if I've 1bn dollars, my 1kobo will never get to the hands of any useless npf you read that but unfortunately your brain failed you


unlike me I won't even visit any station if not for some neighbors, leave your parents house now before your brain retrogress finished

I've seen it all on Nairaland....At this point na to just use you dey catch tripz...ODE

Ategberoson:
irony of life, only you claimed to be mushin warlord now you don reach Atlanta, the foool too like better thing



your family enter airport before? unlike me I don't need to be bragging here, you're even too low to be bragging with.


go and play with your toys and hide your foolishnesss out of here

It's called experience, lil boy! From 2002-2007, I rugged pass you, From idi-oro to bariga I belonged to the streets, don't worry tho feel free to look into my profile, I'm sure you'll pick up a few life lessons along the way

It's not called bragging if you can back it up, you really need to stop talking now because your profile already revealed you're just another hungry nigga with big mouth, you can continue arguing with your landlord to have mercy on your poverty stricken life

Ategberoson:
mushin street hustler chest beating to suit his ignorance, I doubt if you're Yoruba because we no dey chest beat


that your bolded phrase, what point at you trying to passed out exactly because the grammar is weak me


you obviously have nothing to say, I'll just leave you to swim on your foolishness

English is simple, comprehension on the other hand is very hard! Educate yourself my man and stop this foolery

Ategberoson:
you're just one attention seeker and a mushin street hustler wannabe



you graduated from the street in Mushin and you no still get sense? Sé na Aba or na Awka you won go to get sense now?


no brain, no instinct. abeg stick with your toys

Guy your village people strong gan o, dem just dey use you constitute nuisance. I'll continue praying for you while I'm counting my dollars....Look me up if you're ever in Atlanta, I might be able to educate you some more....PEACE!

Ategberoson:
I will take you and your family not just on English writing but its rudiments, logic and application. your parents failed to imbibe minding your business in your upbringing hence this your show of stupidity

if I don't intrude in your opinion, you've no reason to stand against mine


I'm not buying the Op submission in regards to something and you want my post to pictured with his own submission? this show the level of your dumbness. if you like stay under bridge at mushin for 300yrs that's your problem


you claimed to be a street guy but you forget street person have no time to be finding fault in one personal opinion


you think na everyone wey dey street dey streetwise, you can spend 100yrs in street and still get lower brain than ajebuter as you've now


I don't know why someone can't just learn to corporate with their mental guideline when their mental provider had failed them.


you want to use me learn words but I will so disappoint you in regards, I'm not that civil

- Ladies & Gentlemen I present.....The future of Nigeria

Ategberoson:
those liking your upside down talk are doing you no good kid


I don't need you to understand my post since you're staying under your parents roof. so those staying or relying on their parents for survival, if those parents die today, what would be of them tomorrow? won't they survive?


that should be the reason for all guys to hustle because If those parents receive the nature calls, what would be of them?


you need a good intellect to decode my post, I'm a victim of this mom & dad things and leaving faraway from the house rewrite my success story till date. I'm giving reasonable hustlers advise and you're forcing me to reason like the Op that have the same mental class with you

So much rubbish in one post, I find your comments very comical . If only you calmed yourself, you would realize that I support hustling fully, only part that I fault you is thinking just moving away from parent/s' house is enough to be called an hustler.

I'm not even going to entertain the other nonsense you wrote because when I was hustling in the streets of Mushin all the way to Ago-Iwoye from 2002-2007, you were probably still wearing pants on the street playing with cans. Nigga listen, farabale make you no injure yourself, English can be confusing sometimes so I understand if you feel threatened, go back and read my posts but this time read slowly!

Ategberoson:
please how is my post any different? if you stay away from home, you get disconnected easily from home


you can't stay in your comfort zone and expect not to rush home for help or aid. I stay close to home and do that during those days not until I left far away and hustle like a lion while i scot with some friends


getting help from parents won't make a man most esp grow

Here's your quote:

I don't think this Op have experience indirect insult before? I'll rather stay with friends if I haven't make it than stay in my comfort zone. staying in your comfort zone will only give you reason to managed your Pains and challenges

Your post was about hustling and moving out of comfort zone but it is different than what most people on the thread mentioned were saying. Most of them still depended on others for their survival. Staying at the university or at a friend's house is not the same as hustling. A true hustler knows there is no going back, no mummy or daddy to cry back to.

Ategberoson:
no one make it in their comfort zone. if your parents hustle down for you with many investments, you won't have any reason to even think of staying put with them



I don't think this Op have experience indirect insult before? I'll rather stay with friends if I haven't make it than stay in my comfort zone. staying in your comfort zone will only give you reason to managed your Pains and challenges


pains and challenges are meant to tackle not to manage hence staying in your parents house would demoralized you of your goals&life objectives

I don't think you understood what the OP stated. Many people move out of their parent/s house but are not financially independent. They still come home for foodstuffs, money etc. Many people on that thread claimed they moved out at 16, 17, 18 and so on but in truth they were just at the university...lol. Over 60% of Nigerian youths are still leeching off of their parents or siblings, even the so called graduates. You can't claim to be hustling when you turn around and call mummy to send recharge cards or call daddy that you're broke.

There's a difference between worshipping God and practicing religion. Even more, there's a distinction between practicing religion and religious extremism. People don't bothe rto ask why the Muslims in the South of 9ja behave generally more peaceful than those in the North or why the Muslims in Qatar or Indonesia behave more peacefully than those in Pakistan or Iran. They all read the same Quran and share the same religious history but the difference is their political and religious leaders. These leaders are the real dangers, they twist the faith to satisfy their own agendas just like the Pope did in the 11th and 12th centuries.

Ultimately every human is responsible for his or herself, God is powerful enough to fight for himself, he does not need mere humans to act like Van Dame!

Firmvine:
This is the second time Akin Alabi will be coming out blunt on Twitter to make known his displeasure over art work dedicated to him. He should at least say thank you to encourage the artist and he moves on. He was once hustling in the street. He sold chicken during Christmas season at Iwo road in Ibadan years ago. He should learn not to shoot people down who are still trying to rise

It's not his job to encourage any artist. You can't draw rubbish and expect me to like it. Moreover, most of these drawings are invasion of privacy and an attempt to chase clout or gain monetary compensation.

How is this different from those who clean your windshield in the middle of traffic without asking them?

Our problem in this country na ourselves

I keep telling people man and woman are not equals, they were not built the same way and most certainly will not react the same way. The issue of forgiveness is different from forgetting and most times it depends on who has the most to LOSE! Think about it:

1. Who is more financially dependent?
2. Who is more attractive?
3. Age?
4. Kids involved?
5. Location? If na USA, man must think twice before divorcing(child support, splitting of assets), if na 9ja it is very easy to let her go!
6. TRUST? Can you trust such a person again? Men cheat mostly for physical satisfaction, women cheat mostly for emotional satisfaction. A woman that is emotionally invested in another man, what would it take for her to poison her husband or send hired killers after him?

THINK AM WELL MY PEOPLE...THINK AM WELL WELL

Nigerian bloggers and nonsense reporting, Fibromyalgia(Arthritis) does not kill, there was something else wrong. People don't just die of athritis!

Haven't anyone noticed that those who criticized the institution of marriage are often those who can't find their right partner or happiness? Have you ever seen a happy woman or man make such a statement. Often in life our perspectives are shaped by our experiences but for this person, what type of experience could make her so clueless?

As a landlord, I would be a fool to impose such on my tenants. In a country where most renters are strugglng to pay rent, this wicked government wants to impose more hardship, it makes no sense and I really don't see how it is enforceable? Wetin you go do, seal every house in 9ja that is a rental? Lol.

Many men endure in silence in the USA becuase well let's face it, the law favors the woman. Here's the hierachy:

1. White Women
2. White Men
3. Cats, Dogs, other pets
4. Foreigners not black or African
5. Black women not African
6.Black women from Africa
7. Black men not African
8. Any other living being not represented but not African
9. Black men from Africa

A country that states that no matter how much you've earned or built, the moment you marry a wife and divorce her, she gets to split it with you and she 9/10 times gets to keep the house. A system where your wife can call the cops on you and order you out of the house because you shouted at her. Of course some men would feel helpless and angry but make no mistake, violence or murder IS NOT THE WAY!

Know the type of spouse you have and look at things from all angle, for your anity and peace, make moves to relocate back to 9ja and maryy someone that will give you peace, it might take 3, 5, 7 or even 15 years but make it your life's mission to ESCAPE! Your life is worth more than any woman from hell!

onyechez:
Please how does such funds come from especially from a very corrupt country like Nigeria,hahaha imaginary..
During USA VS China trade war, USA approved billions of dollars funds for farmers who are underfunded, poor funds to keep their farming business alive, so many people were encouraged to start farming and were fully supported and funded by the government. That's a country that works not Nigeria, guy please forget it.
what Nigeria needs now is basic things like electricity, good roads, security, good government policies that would work, Nigerian youths would start engaging is serious entrepreneurs, farming would commence with value addition of processed products which in turn would change our economy.
How can one feel safe and farm when there's community dispute, herds men killing, no electricity to store and process.
How? Let Nigeria get the basic first.
Remember the SDGs.

But you feel safe enough to type on social media, to visit your favorite suya spot, to watch sports or subscribe to dstv? Every country has its problems, the USA that you mentioned, you would be surprised that less than 1% of its population actually farms and out of that percentage most farm workers are actually illegal immigrants. The USA produces almost nothing even common face mask must be imported.

The main point is simple, if you wake up everyday and only see problems then you'll never rise above it but if you change your mindset and actually start thinking about solutions then you've already defeated your limitations. This is not about Nigeria, it is about individual resolve and self determination. Nigeria can be jaga jaga but those wey go make am go make am and those wey go fail go fail!