₦airaland Forum

Chubhie:
I heard Madueke returned $90 billion.

$90bn? and we still wan borrow more?

i dont believe it......... But if this man sef wise all d money wey him and his delegates dey take travel sef fit help our situation for 9JA(28 countries in 10months)


na how many country tanzania president don travel go sef??

Johnterryfama:
WHO YOUR POST HELP?

Google am now, abi your MB iyaf finish ni? #nonsense

omolola15:
I beg se you no read that paragraph wey dem talk sey the money na for chibok girls parents? Also for the family of the boys wey dem kidnap.

I had to write it in pidgin so you can understand better. Maybe you couldn't comprehend the English in the post.

The book will help them because that's why people are donating. And the donors are helping them because they are donating. It's as simple as that.

And u are 100% sure dat it is as u have stated above? No be for here oga, na today dem do dat?

N.B i read every damn letters words that made up the sentence..............

1.who she help?
2.who her book go help?
3.who d donation go help?
4.who the donors sef don help? *long hiss*

BiafranNigerian:
1. You can not see logic, because there is no logic is applying for a loan, that you can not diversify the expense. The chinese government, will present list of chinese companies to handle the construction jobs in Nigeria and Chinese Citizens will handle the field jobs except labourers. The materials for the construction will be shipped from China, shipping paid to China and money remains in China. Lets say, Chinese company buy steel 5 Yuan and chose to capture 10 Yuan in the quotation, is there an independent auditor ? Must be chinese. So your $2b might actually mean $1b in real cost. So, China takes the away $1b in profit, plus interest, plus added employment to her citizens. What does Nigeria get ? Chinese infrastructure that is worst than Julius Berger can construct.

That is logic, I hope you see it.

2. Do I need to explain further that Chinese government consistently devalue their currency, manipulates it in such a way that it favors them, so your 30 Naira to Yuan today, might become 300 Yuan tomorrow, the sharp increase in value will attributed to high demand in Yuan even though no physical money moves in this trade deal.

I love the fact that USD to Naira rate will fall due to less demand, but then, that is a mirage if the value of Yuan will go up. Except value of Yuan stays low, then the purpose is defeated, cos importers wouldnt be needing dollars.

This is logic, see it.

3. The Chinese are at trade war with America, Yes. And we have become another pawn in the games of Chess, I hope we survive.

THat is exactly what most of them(Nigerians) dont know..... the chinnesse are very crafty and smart
THey just want use us as a weapon and at the same time a shield in their with the U.S

[quote author=TheGoodJoe post=44697422]They are not handling us cash, but service exchange; meaning if we want to buy iron rod, we buy it from Chinese company and they pay the company on our behalf. If we want to construct railway, they will construct it for us and take the money out of the loan.
[color=#000099]
Please can someone explain to me how this is a scam.


The So called Competition, are they ready to give us loans, do the work and deduct the money for the work as payment.

If they are, let them bring their proposals.

China will source for the fund, do the work and deduct the contract as payment. Yet you call it scam.


Bros, i cant call it a scam either but follow this logic: if u are oweing me 10k, and u need my expertise in ur business which normally will cost u 5k, do u knw i can inflate the price to 15k and u will still be be oweing me?
the Chinnesse are very cunny when it comes to the issue of foreign bond,issues and all that........ The problem on my own part is that he PMB shud have consult the economic experts how dis will be of help in the long run cuz seriously those chinko have something up their sleeves.....

Google jefferson bridge and see how they almost finish the U.S with it........

uduak2016:
Somebody is trying to piss America off by abandoning the Dollar for other currency...no nation has tried it and was successful at it especially in Africa.

My thought exactly cuz to me, is like d chinnese want to phuck d americans using Nigeria as weapon nd shield!...
bt we shudnt depend on d yuan too cuz it might Later cum back to hurt us like d u.s dollar.. FG try small

2bn ke?! wey FG still dey look for money to fund d budget.... l knw dey Mess with ur right bt biko reduce am to 200k oga

Dis government is heading towards a deep ocean they cant swim.......

FYI; tighten your seat belt and get ready for the long bumpy ride

SANE VS INSANE PUBLIC OFFICE HOLDERS

Hilter comes to mind......

When fuel scarcity don almost end abi?
dem dey sleep before?
They shud occupy their thinking room with smtyn beta or gerraowtofhere

@OP, Nice analysis exactly my thought........ BUT it seems our government are more interested in bogus and expensive(inflated price of projects) projects that will last eternity to complete cuz of the personal profit.......



60bn shud be enough to get both PH and Calabar a port habour each..... but common sense is not common

The so called Lagos-calabar railwas not included in the budget in the first place so why all dis drama?
when did buhari becomes a wailer for the constituencies dat gave him 5%?

justified10:
tor...I thought bokoharam has been defeated.

My thought exactly bt then i remembered dat it was "TECHNICALLY DEFEATED"

i will comment later

These bast***ds dont really care about us BUT some people no go gree based on 1k dey give dem during electioneering........




WE the youths are the ones making these slowpokes rich while they dont give a shit abouts our present and future.............

Na military regime we dey naw..........









jez kidding, guess the activist are on strike or lets jez say Nigerians are very familiar with the situation

Not again

Guess i will have to blame GEJ too for accepting defeat to diz party of blame game i voted for......... seriously, if anoda man dey pound tinubu wife, he go still blame GEJ......
This administration is good at propaganda and blame games infact i give up on dis shitty government

EGO wont let them see it dis way forgetting dat Nigeria is for all and not APC country.........

when u make a S.A.N the minister for works,power smh

My best bet is that dis terrorist turned morality on its head.......

"You dont need religion to have morals.... If u cant determine right from wrong, then u lack empathy not religion"

Why Ekiti allocation cum small like diz?

Is the wailers form still available?

LORD HAVE MERCY

NIGERIA; The theater of absurd.........................

#CorruptionIsFightingBack

12bn on 53km

Na highway

okay na "ROADS NOT ROAD"

I was stuck in dat traffic as early as 5am............. the vehicles coming into ikorodu made the situation worse by going through the wrong way and blocking those heading towardsmile12 which resulted in a standstill....... THAT TRAFFIC NO BE CHILD"S PLAY

Data fee will surely hike up asap

#team3310

I jez pray the youth sees the larger picture frm this piece............

kpele






Glo iyaf madt gidigan