₦airaland Forum

Good evening everyone

Say we have two (2) villages A and B.. Both villages have land worth 100 billion each, both villagw approach a bank to take out 50 billion naira each to be paid back after 10 years

1) Village A
Village A decide to use the money to build her road, market, schools, church, mosque, stadium and recreational centers, the village A becomes very beautiful and the talk of the state

Village B
Village B said we won't build road or schools, we would keep managing what we have instead... Calls back their sons and daughters

A son making shoe in ABA is given 500 million (loan interest free) to sent up his school factory in the village

A daughter into cloths is given 2 billion to set up a garment factory

Village set ups 70 of their sons and daughters like this with interest free loan to pay back after 5 years and they would pay 15% of their profit as tax to the village



Please after 10 years between Village A and B which would easily pay the loan and which would lose their land
Honest answer please

Village B


The best form of investment is human capital development before infrastructure and beautification

Village B wins. Prosperity will be distributed and the recipient will give back to the society.

mrvitalis:
Good evening everyone

Say we have two (2) villages A and B.. Both villages have land worth 100 billion each, both villagw approach a bank to take out 50 billion naira each to be paid back after 10 years

1) Village A
Village A decide to use the money to build her road, market, schools, church, mosque, stadium and recreational centers, the village A becomes very beautiful and the talk of the state

Village B
Village B said we won't build road or schools, we would keep managing what we have instead... Calls back their sons and daughters

A son making shoe in ABA is given 500 million (loan interest free) to sent up his school factory in the village

A daughter into cloths is given 2 billion to set up a garment factory

Village set ups 70 of their sons and daughters like this with interest free loan to pay back after 5 years and they would pay 15% of their profit as tax to the village



Please after 10 years between Village A and B which would easily pay the loan and which would lose their land
Honest answer please

great question.

Village B will be better than Village B because they will be able to generate the money to build those things at will.

Village B will be able to pay back the loans but village A will be making money from tourism since it is already beautiful and people from both far and near will be paying to visit. Village B won't attract any tourists and investors.

Ofodirinwa:
great question.

Village B will be better than Village B because they will be able to generate the money to build those things at will.

APC is doing exactly what village A did since 2015 .. Little wonder why the economy collapsed?

ComradeKunle:
Village B will be able to pay back the loans but village A will be making money from tourism since it is already beautiful and people from both far and near will be paying to visit. Village B won't attract any tourists and investors.

You think tourist would come and see roads and school?

MadamExcellency:
Village B wins. Prosperity will be distributed and the recipient will give back to the society.

A is APC idea... B is what Peter Obi has been singing since 2019

franchasng:
Village B


The best form of investment is human capital development before infrastructure and beautification

Same thing Peter Obi has been saying since 2019

APC has been doing village A

Village A will pay back the loan and still generate money for roads and hospital.

Borrowing is good but it must be for production not for fancy, feel good projects that can't pay back

mrvitalis:
You think tourist would come and see roads and school?

You described village A as the talk of the town, and who wouldn't like to pay to visit a beautiful place?

mrvitalis:
APC is doing exactly what village A did since 2015 .. Little wonder why the economy collapsed?

Most people that said B are giving myopic answers. Actually A will be better off in the long run than community B.

This is because the society already has all the necessary conditions required for the community to move from primary ( agrarian) to secondary ( industrialized) economy.

With the presence of schools it means they will have an educated populace with technical know-how. With quality infrastructures in place - good road network, good railway system, stable and constant electricity. This means that the society already has all the necessary features required for industrialization to take place, hence it's now qualified to attract foreign investors in it's economy - we assume it's citizens do not have the resources to invest in the economy.

What will happen here is that most of the people in community B will end up going to community A to invest those resources - where there's enabling environment and this will ensure rapid development of community A while B will remain stagnant with a handful of good residential buildings because of their successful children in diaspora where they do their business.

Remember, that you're at the mercy of the people and government of the community where you do your business. It requires only one government policy for you to lose all that you've labored for.

Again, even without unfavorable government policy, there will naturally be knowledge and technological transfer. As those citizens of community A who are working in the industries established by community B citizens will learn through the ropes at the long run and will branch out to start their own firms backed up by their own favourable government policies. Example is the technological transfer between America and China after American firms moved their production plants from America to China in search of cheap labor. Today China has learned and overtaken them.

So, human capital development no matter how desirable it is cannot be used to compare infrastructural capital development, as the later has more macro economic benefits to the former.

Besides, the ultimate human capital development is education and not just doling out cash to people to invest. Most of the people given those monies will end up squandering them.

This is an Economist speaking.

mrvitalis:
APC is doing exactly what village A did since 2015 .. Little wonder why the economy collapsed?

i agree. Version A is what most poor countries think development is

This kind of analysis always come from the beer parlor.
Experts make analysis with conditions being put into Considerations, what ever analysis and comparisons being made among learned people, boundary conditions are always factored in, any comparison without boundary conditions is most probably coming from an iIIitrate.
There's only one section of the country where this kind of analysis can come from, that's why they are notorious for producing substandard products because they don't factor in conditions, they can make clothes without factoring weather conditions, they can forge spare parts without factoring in friction, pressure, shearing force or bending moments, torsion, factor of safety, fatigue etc etc etc.

If we assume village A and B to have same conditions; no road, no schools, no markets etc.
Village A then decides to build those things, village B didn't build any of those, they just jump into manufacturing, village B will sink in poverty, the whole money will disappear and nothing to show for it.

U can't build industries without roads, you can't sell goods and services without a markets, no business has ever survived without marketing what they produced, if you are not relying on your market then you need roads, since you didn't build roads, you can neither get raw materials nor sell your products, moreover, stark iIIitrates who don't have an education in a typical viIIage can't run a multi million naira industry to yield fruits unless you are telling us the industry won't need workers, how can the iIIitrate who can't read and write operate machines, understand industry practices and regulations, handle the financial records, focus on product quality assurance and control etc etc, definitely the need for schools come into play.
An industry can't thrive in a village without motorable roads, easy transportation and communication are two key pointers to development, anyone who attended a secondary school and did human geography should know this.
Village B will Iose their money and their lands seized.
Village A has a tendency to lose a portion of their land because at the rate of their development, in 10 years they must have paid a huge chunk of their debt off if they manage the resources properly. With such development having good roads, schools, markets, stadium, recreational centres will definitely bring development to them and manufacturers will rise from within them.

It's simple to understand but someone following Lienus will always say infrastructures are not important meanwhile no country has ever prospered without infrastructures.

Dieselman:
Most people that said B are giving myopic answers. Actually A will be better off in the long run than community B.

This is because the society already has all the necessary conditions required for the community to move from primary ( agrarian) to secondary ( industrialized) economy.

With the presence of schools it means they will have an educated populace with technical know-how. With quality infrastructures in place - good road network, good railway system, stable and constant electricity. This means that the society already has all the necessary features required for industrialization to take place, hence it's now qualified to attract foreign investors in it's economy - we assume it's citizens do not have the resources to invest in the economy.

What will happen here is that most of the people in community B will end up going to community A to invest those resources - where there's enabling environment and this will ensure rapid development of community A while B will remain stagnant with a handful of good residential buildings because of their successful children in diaspora where they do their business.

Remember, that you're at the mercy of the people and government of the community where you do your business. It requires only one government policy for you to lose all that you've labored for.

Again, even without unfavorable government policy, there will naturally be knowledge and technological transfer. As those citizens of community A who are working in the industries established by community B citizens will learn through the ropes at the long run and will branch out to start their own firms backed up by their own favourable government policies. Example is the technological transfer between America and China after American firms moved their production plants from America to China in search of cheap labor. Today China has learned and overtaken them.

So, human capital development no matter how desirable it is cannot be used to compare infrastructural capital development, as the later has more macro economic benefits to the former.

Besides, the ultimate human capital development is education and not just doling out cash to people to invest. Most of the people given those monies will end up squandering them.

This is an Economist speaking.

You are an economist? Really what school

ComradeKunle:
You described village A as the talk of the town, and who wouldn't like to pay to visit a beautiful place?

Sure pay a visit how would that give them 50 billion

mrvitalis:
Good evening everyone

Say we have two (2) villages A and B.. Both villages have land worth 100 billion each, both villagw approach a bank to take out 50 billion naira each to be paid back after 10 years

1) Village A
Village A decide to use the money to build her road, market, schools, church, mosque, stadium and recreational centers, the village A becomes very beautiful and the talk of the state

Village B
Village B said we won't build road or schools, we would keep managing what we have instead... Calls back their sons and daughters

A son making shoe in ABA is given 500 million (loan interest free) to sent up his school factory in the village

A daughter into cloths is given 2 billion to set up a garment factory

Village set ups 70 of their sons and daughters like this with interest free loan to pay back after 5 years and they would pay 15% of their profit as tax to the village



Please after 10 years between Village A and B which would easily pay the loan and which would lose their land
Honest answer please

Why do you always argue against the building of basic infastructures. It is a very weird argument to make. You have consistently held this opinion for years here and it makes no sense to me for several reasons;

1) It is not a must that the money that should be used to start off businesses for willing and able industrialists, must be the same with the ones to be used to put up basic infastructures for the country. Even if it is the same budget, infastructures should come first. You can't put the cart before the horse..

2) No businesses that are built to compete internationally, can thrive without world class infastructures. You just have to get this very important point. Better infastructures elsewhere has improved the ease of doing businesses, working conditions and productivity elsewhere. You just have to get your basics right to compete.

3) You have to understand that for your products (goods) to thrive and compete in the international markets, they have to outdo products from such places like Indonesia, China, Thailand, Egypt, South Africa etc. These countries have made significant heavy investments on their infastructures just to help businesses there to produce cheaper goods.. This is very important because many countries are producing almost the same quality. For buyers, a lot depends on the pricing, and better infastructures help reduce the final price outlook.

I lived in China a while back and I remember that the only time I checked the remaining balance in my phone was when I am visiting Nigeria. You know why? As at then, the cost of credit and data in China were so low, you can call endlessly without worrying about the bill(They have increased that marginally now).It even gets far lower if the call was made from your home landlines. I can remember talking for hours with my Chinese friends through the landlines. You can download anything online and still pay a fixed monthly bill that was next to nothing as at then. You know why this was so?

The Chinese own their own satellites. They manufactured these satellites, they launched them to space by themselves, and so are able to fix prices to the telecommunications companies working in their country. Those telecommunications companies are wholly Chinese too. For businesses in China, this helped a lot as many could be online scouting for international buyers from morning till night. And I never saw anyone complain of telecommunications costs those years. Although that has changed as Chinese economy booms..

Compare that to Nigeria where a small scale factory owner can not hold a very important business meeting with buyers from Asia or America without checking and worrying about costs. Data prices keep soaring. You are immediately dragged to public platforms like WhatsApp to save costs when negotiating deals. How do you compete with a Chinese product on a level playing ground under these scenarios?

How do you transport your goods to the ports for export? Do you even know that many exporters from Nigeria do have their goods delayed for months at the ports because of congestion and all that? If you invested heavily on ports across regions, will this be the case? Goods move from the north of China to the southern ports in few hours using their fast rail networks, only to come and compete with your Nigerian products still stuck at a ditch around the Lagos to Benin highway!? If you don't invest in power generation, how do you even produce!? These factories need constant power and water. China has the two largest dams in the world. And you wonder why a province there is richer than your Nigeria? There is no way you would be so aggressively against infrastructure development, but hope to see Nigeria compete?
It can't work that way..

MadPolitician:
Why do you allays argue against the building of basic infastructures. It is a very weird argument to make. You have consistently held this opinion for years here and it makes no sense to me for several reasons;

1) It is not a must that the money that should be used to start off businesses for willing and able industrialists, must ne the same with the ones to be used to put up basic infastructures for the country. Even if it is the same budget, infastructures should come first. You can't put the cart before the horse..

2) No businesses that are built to compete internationally, can thrive without world class infastructures. You just have to get this very important point. Better infastructures elsewhere has improved the ease of doing businesses, working conditions and productivity elsewhere. You just have to get your basics right to compete.

3) You have to understand that for your products (goods) to thrive and compete in the international markets, they have to outdo products from such places like Indonesia, China, Thailand, Egypt, South Africa etc. These countriesuave made significant heavy investments on their infastructures just ro help businesses there to produce cheaper goods.. This is very important. This is very important because many countries are producing almost the same quality. For buyers, a lot depends on the pricing, and better infastructures help reduce the final price outlook.

I lived in China a while back and I remember that the only time I checked the remaining balance in my phone was when I am visiting Nigeria. You know why? As at then, the cost of credit and data in China were so low, you can call endlessly without worrying about the bill(They have increased that marginally now).It even gets far lower if the call was made from your home landlines. I can remember talking for hours with my Chinese friends through the landlines. You can download anything online and still pay a fixed monthly bill that was next to nothing as at then. You know why this was so?

The Chinese own their own satellites. They manufactured these satellites, they launched them to space by themselves, and so are able to fix prices to the telecommunications companies working in their country. Those telecommunications companies are wholly Chinese too. For businesses in China, this helped a lot as many could be online scouting for international buyers from morning till night. And I never saw anyone complain of telecommunications costs those years. Although that has changed as Chinese economy booms..

Compare that to Nigeria where a small scale factory owner can not hold a very important business meeting with buyers from Asia or America without checking and worrying about costs. Data prices keep soaring. You are immediately dragged to public platforms like WhatsApp to save costs when negotiating deals. How do you compete with a Chinese product on a level playing ground under these scenarios?

How do you transport your goods to the ports for export? Do you even know that many exporters from Nigeria do have their goods delayed for months at the ports because of congestion and all that? If you invested heavily on ports across regions, will this be thebcase? Goods move from the north of China to the southern ports in few hours using their fast rail networks, only to come and compete with your Nigerian products still stuck at a ditch around the Lagos to Benin highway!? If you don't invest in power generation, how do you even produce!? These factories need constant power and water. China has the two largest dams in the world. And you wonder why a province there is richer than your Nigeria? There is no way you would be so aggressively against infrastructure development, but hope to see Nigeria compete?
It can't work that way..

Talking about what China is doing today . Instead of of what China did when they were in our shoes is why u don't get it

I am not against building infrastructure no not at all... I am against using borrowed money for infrastructure two different things

You spoke all that grammar and didn't answer the question which village would pay the loan easily

If you ever watch the documentary "The Men Who Built America" You would know that village B stands a better chance not only to pay back the loan but also to make great infrastructural advancement.

In that documentary government played no part in building infrastructures. It was men like Carnegie, J. P. Morgan, Rockafeller etc. From rail lines to refineries to roads, ✈️️ports, sea ports etc. Government parts was to provide enable environment in terms of sound economic policy and incentives to this businessmen in interest free loans and tax holiday.

Do not mind those guys tourist will onky come to see Otokoto not new infrastructires like electric rail, new seaport n airport or even Eko Atlantic.

As your ipob head foolish n senseless na so you think every Nigeria go rrason foolishly.

mrvitalis:
You think tourist would come and see roads and school?

You are against sensible reasoning because your rather live a foolish life n want lunatics like those supporting yiur cliam to life such senseless life with you but that can only happen in Biafra n not Nigeria. Sorry.

mrvitalis:
Talking about what China is doing today . Instead of of what China did when they were in our shoes is why u don't get it

I am not against building infrastructure no not at all... I am against using borrowed money for infrastructure two different things

You spoke all that grammar and didn't answer the question which village would pay the loan easily

OAFMods:
Do not mind those guys tourist will onky come to see Otokoto not new infrastructires like electric rail, new seaport n airport or even Eko Atlantic.

As your ipob head foolish n senseless na so you think every Nigeria go rrason foolishly.

I have never seen where same thing is done it fails and people keep doubling down on it like APC people n infrastructure

mrvitalis:
Talking about what China is doing today . Instead of of what China did when they were in our shoes is why u don't get it

I am not against building infrastructure no not at all... I am against using borrowed money for infrastructure two different things

You spoke all that grammar and didn't answer the question which village would pay the loan easily

I told you of what China did when they were growing their capitalist base. 90s and the early 2000s. Not today. Cost of living in China today is almost 3 times higher than then. Run your checks.

2) Borrowing money to build your infrastructure is not wrong as long as the cash borrowed is utilised appropriately and targets met. If you as a country is out of cash, and your businesses are cashstrapped, and you are capable enough to repay loans, borrow and build up your infastructures and provide your businesses with credit to survive. The reason is simple...

3) No businesses survive with your infastructures worse than that of the Oyo empire. This is 2025 and not 1825.
If you feel so strong about that, you can give us a single example of a country that turned into a manufacturing powerhouse without basic infastructures..
We are waiting..

This argument is not on ahbegi..

MadPolitician:
I told you of what China did when they were growing their capitalist base. 90s and the early 2000s. Not today. Cost of living in China today is almost 3 times higher than then. Run your checks.

2) Borrowing money to build your infrastructure is not wrong as long as the cash borrowed is utilised appropriately and targets met. If you as a country is out of cash, and your businesses are cashstrapped, and you are capable enough to repay loans, borrow and build up your infastructures and provide your businesses with credit to survive. The reason is simple...

3) No businesses survive with your infastructures worse than that of the Oyo empire. This is 2025 and not 1825.
If you feel so strong about that, you can give us a single example of a country that turned into a manufacturing powerhouse without basic infastructures..

This argument is not on ahbegi..
We are waiting..

Why does Abia have more industry than Akwa Ibom?

Why do companies go to Otta even with bad roads

mrvitalis:
Why does Abia have more industry than Akwa Ibom?

Why do companies go to Otta even with bad roads

Compairing Apple and oranges..

Abia has more businesses because of Aba whose commercial/industrial set up started off during the colonial era and continued roburstly during Mbakwes administration as Imo state governor. Shoes and carpet factories were built near aba by Mbakwes administration. Roads, water projects, city mapping etc. Those formed the fulcrum of Aba business development. The development of Aba was intentional. It was government driven and the people did what they should do after the government has provided the conducive environment for businesses to thrive; invest!

It is the same at Onitsha. That city is a trading base today because of one singular act of the eastern Nigeria government of the 50s and 60s; Onitsha main market. That was how traders started converging at Onitsha from far and wide. Money borrowed to build that market nearly cost Zik his political life. Story for another day.. City development was a regional idea and it relatively paid off..

Otta? Part of the Ogun state that has benefitted from massive infrastructural developments in nearby Lagos. If the Lagos big market was not there, nothing on ground would have made anyone come down to Ota from Birnin Kebbi.

Why not ask us why Abkaliki is not thriving business wise as say Lagos, Abuja or Portharcourt? Why is it that the state capitals across Nigeria, where lots of the infrastructure developments are concentrated, are more economically fertile and active than other surrounding cities?

What are the names of other major cities you know in Kano, Sokoto, Ebonyi, Benue, Edo etc? Are the most economically thriving cities in these states not the capitals where the states and federal governments have concentrated investments all these while? Are businesses in the surrounding cities barred from all the loans, federal/states grants and incentives from governments? If no, why are they still lacking..?

Oga, go and read up about Shenzhen ..
It was a very timid village 30 years ago. Do your research. Pictures of Shenzhen before and after the Chinese government stepped in are online.. Read about how direct Chinese government investments turned Shenzhen into one of the most productive and modern cities of the world today.. Singapore too..
That's how cities and businesses are built, and not this ultra capitalist theoretical nonsense about throwing cash at businesses and hoping that eldorado will appear later..

Dieselman:
Most people that said B are giving myopic answers. Actually A will be better off in the long run than community B.

This is because the society already has all the necessary conditions required for the community to move from primary ( agrarian) to secondary ( industrialized) economy.

With the presence of schools it means they will have an educated populace with technical know-how. With quality infrastructures in place - good road network, good railway system, stable and constant electricity. This means that the society already has all the necessary features required for industrialization to take place, hence it's now qualified to attract foreign investors in it's economy - we assume it's citizens do not have the resources to invest in the economy.

What will happen here is that most of the people in community B will end up going to community A to invest those resources - where there's enabling environment and this will ensure rapid development of community A while B will remain stagnant with a handful of good residential buildings because of their successful children in diaspora where they do their business.

Remember, that you're at the mercy of the people and government of the community where you do your business. It requires only one government policy for you to lose all that you've labored for.

Again, even without unfavorable government policy, there will naturally be knowledge and technological transfer. As those citizens of community A who are working in the industries established by community B citizens will learn through the ropes at the long run and will branch out to start their own firms backed up by their own favourable government policies. Example is the technological transfer between America and China after American firms moved their production plants from America to China in search of cheap labor. Today China has learned and overtaken them.

So, human capital development no matter how desirable it is cannot be used to compare infrastructural capital development, as the later has more macro economic benefits to the former.

Besides, the ultimate human capital development is education and not just doling out cash to people to invest. Most of the people given those monies will end up squandering them.

This is an Economist speaking.

Cool story, but there's too much emphasis on the infrastructure. How is the infrastructure alone going to guarantee foreign investment? Don't you think a skilled workforce is just as relevant?

If you have all the infrastructure in the whole wide world, but there's no productive economic activity, then what's even your objective? What's your end goal? Where are the direct revenue streams to pay back the loan mentioned in the OP's hypothetical?

mrvitalis:
APC is doing exactly what village A did since 2015 .. Little wonder why the economy collapsed?

Keep deceiving yourself! All you village B parties have abandoned their lands to run to village A you termed APC. How man serious and influential people remain in APGA, LP and PDP? You better stop queuing behind the failure, join and with Tinubu your president to build Nigeria. All these kindergarten analogy don't add up to anything

But how will village B function without additional investments in infrastructure? Village B is thinking in years while village A is thinking in decades.

Hmmm!


Some village people chop their money and ran to Lagos to claim they are now from LAGOS.

What kind of ojoro is this abeg?


🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

MadPolitician:
Compairing Apple and oranges..

Abia has more businesses because of Aba whose commercial/industrial set up started off during the colonial era and continued roburstly during Mbakwes administration as Imo state governor. Shoes and carpet factories were built near aba by Mbakwes administration. Roads, water projects, city mapping etc. Those formed the fulcrum of Aba business development. The development of Aba was intentional. It was government driven and the people did what they should do after the government has provided the conducive environment for businesses to thrive; invest!

It is the same at Onitsha. That city is a trading base today because of one singular act of the eastern Nigeria government of the 50s and 60s; Onitsha main market. That was how traders started converging at Onitsha from far and wide. Money borrowed to build that market nearly cost Zik his political life. Story for another day.. City development was a regional idea and it relatively paid off..

Otta? Part of the Ogun state that has benefitted from massive infrastructural developments in nearby Lagos. If the Lagos big market was not there, nothing on ground would have made anyone come down to Ota from Birnin Kebbi.

Why not ask us why Abkaliki is not thriving business wise as say Lagos, Abuja or Portharcourt? Why is it that the state capitals across Nigeria, where lots of the infrastructure developments are concentrated, are more economically fertile and active than other surrounding cities?

What are the names of other major cities you know in Kano, Sokoto, Ebonyi, Benue, Edo etc? Are the most economically thriving cities in these states not the capitals where the states and federal governments have concentrated investments all these while? Are businesses in the surrounding cities barred from all the loans, federal/states grants and incentives from governments? If no, why are they still lacking..?

Oga, go and read up about Shenzhen ..
It was a very timid village 30 years ago. Do your research. Pictures of Shenzhen before and after the Chinese government stepped in are online.. Read about how direct Chinese government investments turned Shenzhen into one of the most productive and modern cities of the world today.. Singapore too..
That's how cities and businesses are built, and not this ultra capitalist theoretical nonsense about throwing cash at businesses and hoping that eldorado will appear later..

The Op is right.

The best form of development is human capital development. You need to invest human first before infrastructure because it is human being that will build the infrastructure.

Remember, china invested massively in human development before building infrastructure that's the reason where able to pull of 700 million out of poverty within the period of 3 decades. From 1980 down to 2010.

Is not that china was not building infrastructure at that time. They were but at a minimum of 25% while the remaining 75% were for human development.

They started building their world class and gigantic infrastructure from late 2010 down after pulling 75% of their population out of population.

The Op has a point as regards to Nigeria. FG allocated 15 trillion naira to build Lagos calabar coastal that leads to nowhere where only 75 billion naira was allocated for SMEs!

Just imagine, 15 trillion for road while 75 billion naira for SMEs in a county that has one of the highest unemployment rate in the world and also the world poverty capital. It nonsense.

As regards of Nigeria. The Op is right. Am not saying that infrastructure is bad. Is not, because it also needed in opening economic corridor and also help in economic growth. But We need to invest massively in human development first and foremost. Then infrastructure will come second.

As you are investing in human, also invest in infrastructure but make sure that human development is the top priority.

FiveFootNinja:
Cool story, but there's too much emphasis on the infrastructure. How is the infrastructure alone going to guarantee foreign investment? Don't you think a skilled workforce is just as relevant?

If you have all the infrastructure in the whole wide world, but there's no productive economic activity, then what's even your objective? What's your end goal? Where are the direct revenue streams to pay back the loan mentioned in the OP's hypothetical?

Which Tinubu is building Nigeria ? Is the one that says "Snatch, grab and run like a thief looks like someone that will build Nigeria ?

The same tinubu that is spending tax payers money on Paris hospital while he couldn't even build one single hospital in Nigeria that will treat him.

The same tinubu that him and his cronies are looting Nigeria dry by awarding government contracts to their proxy companies ?

Is it the same man that will build Nigeria ? Shit comot from one side.