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Buhari To Sign Loan Deal With China - Politics (2) - Nairaland

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Ibom Deep Sea Port: Udom Emmanuel To Sign Deal With China (Pics) / Buhari Didn’t Sign Any Loan Deal With China – Presidency / Currency Deal With China: Things To Know (2) (3) (4)

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Re: Buhari To Sign Loan Deal With China by MRXELA(m): 11:07am On Apr 07, 2016
G

2 Likes 1 Share

Re: Buhari To Sign Loan Deal With China by Virginkpekus(f): 11:07am On Apr 07, 2016
LouisVanGaal:
I am a hardened buhari fan; but this is NOT the time for this gimmicks..it's a time for reflection and prayer..hoping the president gets it right with his recent foreign trips..
#Pray4PMB..
#NigeriaWouldRiseAgain
I am just showing solidarity with my president. #istandwithbuhari

1 Like

Re: Buhari To Sign Loan Deal With China by saintkel(m): 11:07am On Apr 07, 2016
vikel2104:
Feels good to be back on NL after a long break.
What did I miss?
e be like dis ur ban make sense o
Re: Buhari To Sign Loan Deal With China by Nobody: 11:09am On Apr 07, 2016
vikel2104:
Feels good to be back on NL after a long break.
What did I miss?
.



Your usual Lunch ! grin grin grin

Re: Buhari To Sign Loan Deal With China by henrydadon(m): 11:09am On Apr 07, 2016
One thing about this Buhari administration, they will be excellent footballers. They know how to pass the buck (bulk, bork, ball) very well. Nobody accepts responsibility for anything whatsoever.
They must keep passing the buck and blaming anyone else but themselves. To hear them complain and whine, they are all incompetent and the following are responsible for all the country's woes
1. GEJ
2. NOI
3. DAM
4. Kachikwu (Buhari's Abobaku)
5. Emefiele (Deputy Abobaku)
6. Nnamdi Kanu
7. Pipeline vandals
8. "Haters"
9. PDP National Publicity Secretary
10. You and I.
This government is responsible for nothing and irresponsible for everything. Don't blame them for anything until you have all blamed yourselves and every other person. Don't ask them to account for anything, they were not there and like Shaggy, "it wasn't them".
After all, "what is good for the good is good for the gender".
APC - Shame!!!

1 Like 1 Share

Re: Buhari To Sign Loan Deal With China by Deen77: 11:09am On Apr 07, 2016
fashoo2010:
Nice one... Hope the loan will reduce the ongoing hardship on the masses.

Beside, why is it the we African are always going to Europe, Asia, north america to get loan? Non of this country has never think of borrowing from us, why?

Algeria save $155 billion from Oil boom, Nigeria save $30 billion. Until will reduce importation especially Petroleum our economy cannot progress.
Re: Buhari To Sign Loan Deal With China by banme1(m): 11:12am On Apr 07, 2016
Taasii4change:
Good move, wails over to you food is ready.
blind zombie.

1 Like

Re: Buhari To Sign Loan Deal With China by walozanga(m): 11:12am On Apr 07, 2016
VERY SOON WE GO GO BORROW FROM CHAD WEY NO GET.
DULLANDINHO....
Re: Buhari To Sign Loan Deal With China by seangy4konji: 11:12am On Apr 07, 2016
wetin oga wan use loan do again

build refinery
Re: Buhari To Sign Loan Deal With China by tritt(m): 11:12am On Apr 07, 2016
The last time I checked, the recovered loots so far doubled the entire budget by ten. So whats the essence of the loan? Femi Falana over to you

1 Like

Re: Buhari To Sign Loan Deal With China by omohayek: 11:12am On Apr 07, 2016
Instead of providing a conducive environment to encourage foreign equity investment in Nigeria, Buhari prefers to go borrowing to fund projects which could have been built entirely through private financing! The sheer economic illiteracy of this man is depressing.
Re: Buhari To Sign Loan Deal With China by princeFAD: 11:13am On Apr 07, 2016
I am really surprised about the comment of some people critizing Buhari for burrowing to finance the budget. Must you guys always critizise for God's sake. Where do you want him to get the money to finance the budget from without burrowing? Money nigeria do get from oil has reduced by 4. And if he doesn't do anything about the budget, you guys would come again and critizise why he can't burrow to finance the budget. Naija people I hail una for wailing wink

1 Like

Re: Buhari To Sign Loan Deal With China by P0intBlank(m): 11:17am On Apr 07, 2016
Do they still need to borrow? I thought they said Buhari's administration had plugged leakages and saved N3 trillion. Moreover, the oil price is hovering above $38 benchmark.

Or are we being fed with half-truths?

http://www.thisdaylive.com/index.php/2016/03/28/presidency-buhari-to-spend-saved-n3-trillion-on-projects/

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Re: Buhari To Sign Loan Deal With China by omohayek: 11:21am On Apr 07, 2016
princeFAD:
I am really surprised about the comment of some people critizing Buhari for burrowing to finance the budget. Must you guys always critizise for God's sake. Where do you want him to get the money to finance the budget from without burrowing? Money nigeria do get from oil has reduced by 4. And if he doesn't do anything about the budget, you guys would come again and critizise why he can't burrow to finance the budget. Naija people I hail una for wailing wink

This is nonsense. All of the capital expenditure that is in this budget could have been funded privately, if Buhari were willing to adopt more rational economic policies. If anything, the level of capital expenditure that can be funded by government borrowing is far less than what is possible through foreign direct investment, and with FDI you aren't stuck with loans that your children and grandchildren will be stuck with paying for.
Re: Buhari To Sign Loan Deal With China by kilokeys(m): 11:21am On Apr 07, 2016
Lol
Re: Buhari To Sign Loan Deal With China by defash8: 11:25am On Apr 07, 2016
Buhari should go through due process to secure this loan or else the NASS should initiate impeachment process.
Re: Buhari To Sign Loan Deal With China by nobeku: 11:26am On Apr 07, 2016
leofab:
Very soon the federal government will end up like Osun state.. Borrowing to look good...
If you have got nothing intelligent to say so we cann all be shocked, just zip it!
Re: Buhari To Sign Loan Deal With China by ATERI(m): 11:27am On Apr 07, 2016
As long as the loan is necessary, the President should feel free to get it from either China or Russia; Buhari should stop messing around with Western terrorists and their World Bank.
Re: Buhari To Sign Loan Deal With China by omohj: 11:32am On Apr 07, 2016
But e get 1 question when I wan ask. He who go pay the loan back?...
Re: Buhari To Sign Loan Deal With China by sankky: 11:33am On Apr 07, 2016
What about the trillions, abi zillions that this lying govt claimed were retrieved? If they recovered all those zillions in truth, why collect loans again? Was it not just recently that the World bank chief came here to tell these idiots that Nigeria has enough money not to go a-borowing?
I tire ooo
Re: Buhari To Sign Loan Deal With China by 100Cents: 11:40am On Apr 07, 2016
When he was busy gallivanting with obama and Cameron last year, what was my advice here ?
Re: Buhari To Sign Loan Deal With China by engraced123(m): 11:41am On Apr 07, 2016
Re: Buhari To Sign Loan Deal With China by tsdarkside(m): 11:42am On Apr 07, 2016
pahh...we need nuclear plants and refineries....

everything else is useless to us right now...

loan for what??to buy petrol abroad??....

tell the chinese to build nuclear plant and refinerie for us....we will pay them back small small....

only one nuclear plant has the capacity of atleast 5'000 megawatt...to hell with the pipelines...the rebels can chop it,for all i care!!!....

and if the chinese dont want to give us nuclear technology,we go to the ugandans.....i heard the ugandans rebuilt a miniture nuclear plant from their former oppressors(colonialits)...
Re: Buhari To Sign Loan Deal With China by just2okworld(f): 11:45am On Apr 07, 2016
I hope this reduces unemployment and encourage entrepreneurship
Re: Buhari To Sign Loan Deal With China by enlightenedmind: 11:48am On Apr 07, 2016
NwaNimo1:
Nigeria is a disgrace - so you are collecting loan from China only to hand the money back to them in the form of contracts?

How about indigenous companies getting these contracts to boost our economy - and not China's?

They are run by PDP like minded people. They will never do the job. So No thanks.

1 Like

Re: Buhari To Sign Loan Deal With China by 100Cents: 11:49am On Apr 07, 2016
NwaNimo1:
Nigeria is a disgrace - so you are collecting loan from China only to hand the money back to them in the form of contracts?

How about indigenous companies getting these contracts to boost our economy - and not China's?

A beggar has no choice.

Assuming a Chinese firm is handling East West road and Nigeria is supposed to provide $400m right now for the contract which is already in progress, and Nigeria has no money to cntinue with the contract, what do you suggest ?
Re: Buhari To Sign Loan Deal With China by Freksy(m): 11:52am On Apr 07, 2016
Where goes the "money from the looters"?
Re: Buhari To Sign Loan Deal With China by SycophanticGoat: 11:54am On Apr 07, 2016
Hahahahahahahahahahahaha! What happened to the trillions of dollars recovered from looters and thru TSA? What happened to all the criminal taxes imposed on the poor masses? Abi Buhari don use all of them buy aviation fuel?


Hahahahahahahahahahahahahahahahahaha!! Just came here to laugh out loud.. grin
Re: Buhari To Sign Loan Deal With China by tsdarkside(m): 11:55am On Apr 07, 2016
100Cents:


A beggar has no choice.

Assuming a Chinese firm is handling East West road and Nigeria is supposed to provide $400m right now for the contract which is already in progress, and Nigeria has no money to cntinue with the contract, what do you suggest ?


guy...economics is a rough game...africans dont want to understand....
Re: Buhari To Sign Loan Deal With China by SycophanticGoat: 11:57am On Apr 07, 2016
enlightenedmind:


They are run by PDP like minded people. They will never do the job. So No thanks.


And APC saint minded people are doing what now? Running the country aground... Hahahahahahahahahahahahahahaha

The way zombies exclude APC from Nigerians' problem is quite amazing. Same set of PDP crooks are now in APC and they still deceive themselves.. Muhahahahahahahahahah
Re: Buhari To Sign Loan Deal With China by tsdarkside(m): 11:59am On Apr 07, 2016
SycophanticGoat:
Hahahahahahahahahahahaha! What happened to the trillions of dollars recovered from looters and thru TSA? What happened to all the criminal taxes imposed on the poor masses? Abi Buhari don use all of them buy aviation fuel?


Hahahahahahahahahahahahahahahahahaha!! Just came here to laugh out loud.. grin


no realy...what happend to all those recoverd monies..

our leaders are not honest to us....
why are we borowing money from china??

for what...??

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