We get choice before A beggar has no choice...na see finish tmdey cause this one nah.

Noted

The explanation no follow sef.

valentineuwakwe:


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

Was anyone expecting China to say something different?

Una never know anything, make una default first and no how far from Chinese people......

Dama what do u expect him to say...
Let dem just sale the country and share the money for all Nigerian.
Then we move

AuntRose:
I hope Buhari used his cows as collateral should we default in payment

Buhari that had 150 cows from 1985 to 2015....while Cubana had more than 500cows in a week...according to Cow Forbe.

Ask Zambia

NotKnown:
Akuko.

For them to start explaining this means that actually plans were underway for something like that.

Zambia airport comes to mind

They will start with Muritala Mohamed airport and apapa sea port.

.

janetakan:
I still don't trust them!

I trust them in as much as we honour our own obligation, after all they didn't claim to be 'Father Christmas'

We're not doing anything with d sovereignty Pls hijack it..

People who don’t reason logically are bound to always reason wrong..

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

This is one real truth about China.

Something someone u wan use u will say

post=103995871:
[s]As we always point out on this forum : Rumors are spread by fools and believe by idiots[/s].

Will the world come to an end if you ever make sense once in your life?

post=103995871:
As we always point out on this forum : Rumors are spread by fools and believe by idiots.

Don't worry.
Your karma might be to slave away in a Chinese factory at an older age.
Just wait.
The amount you sold your soul for, is pitiably, a diminishing returns investment.

I Love PMB

We are all chinko made now.

janetakan:
I still don't trust them!

Well don't! Nigeria can't forever remain a vassal state of the West.

if you fail to pay pack, they can't di anything.

Why una dey fear Schina naah ...I laugh in Swahili... you are using them to play abi...

And you think the west will come to you rescue.. if anything happens... china that off the doctor that wanted to tell the world about covid is who u r playing with abi them not even allowing WHO... to have the correct information about the origin of the man made virus..

Even their military... Nigeria na mouse wen china dey... Dont pay their money back... you will then know how far...

China go for the exact persons or government u had deals with oooo... no extend vengeance reach everybody ooo.

You think they are Mumu abi...?? Watching! !

Nobody is hijacking anyone's sovereignty before na, it's only a person without foresight on countries bilateral relations that will believe such stories..
Nigeria's one of the least country that borrows money from China in Africa, u can go and check it.
No be today countries dey borrow them self money, evidently they're getting something in return, even if we can't pay the money finish, we have natural resources abound that China can get series of things from, it's called law of reciprocity.
Though, borrowing didn't the way to go but that doesn't mean our sovereignty is affected in anyway.

.

When Nigeria could not invest and maximize the indigenous technology Biafra built during the war, how them do you think Nigeria will be industrialized. Lol.


Zero technology, zero science 60yrs after independence. What a disgrace!
Buhari can keep mortgaging Nigeria. China is warming up to recolonize Nigeria.
Useless nation!

Mr. Ambassador, you ended up not answering the question. What are the plans in place to recover your money if Nigeria default in payment?

I also think the Chinese ambassador is being economical with the truth here.

There are real life examples of China taking over nations.

Nations that are now sovereign in name only.

Go to Zambia, the Chinese run them there thanks to debt trap.
It's basically a Chinese colony in Africa.

Go to Sri lanka, China has taken the port of hambantota because they couldn't pay back.
China owns it for the next 100 years.

Go to Gambia, China has wrecked their beaches by industrial extraction of sand, and overfishing of their waterways.
They have taken over Gambia.

These are a few of the Countries in the China debt trap.

If Nigeria does not pay, China will collect one or way or the other.

The only thing that is stopping from being aggressive is because of the west.

The west is watching.

Go and sit down

post=103995871:
As we always point out on this forum : Rumors are spread by fools and believe by idiots.

post=103995871:
As we always point out on this forum : Rumors are spread by fools and believe by idiots.

You're partially correct! But take note that for every rumour said, there is an iota/element of truth. Especially in a society like ours.

Like the one shared in this link:
https://www.google.com/amp/s/amp.theguardian.com/global-development/2019/dec/11/china-steps-in-as-zambia-runs-out-of-loan-options

And some foolish black people will believe them. Oga tell us the consequences of defaulting on those loans. What did our mumu goverment sign? Will you not own the rails, buildings and bridges? Is that not owning the country?

DuduParaPara:
Aaaaahhhh

How are the loans of mutual benefit?

If Nigeria does not pay back what are your plans of getting your money back?

Mr chinko man, you didn't explain well.

There are hidden things in this explanation.

It's of mutual benefit because they're building infrastructures in our country with the loans and to them, they get their money back with interest. Also, more Chinese are doing businesses in Nigeria like never before.
Their construction companies are also the ones doing the projects.
To if Nigeria does not pay back.
Why won't we pay back??
If we don't pay back like you said, then the Chinese invokes the terms in our contracts.
Question now is, did we signed that our sovereignty be taken if we default?
Agreement is sacred!
If we did, then so be it!