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Biafra Exit. A Question - Politics - Nairaland

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Biafra Exit. A Question by koladebrainiac(op): 12:59pm On Jul 04, 2017
Please if Biafra eventually exist Nigeria through referendum -i mean peacefully

Who will pay their monies dey borrowed from banks
I mean what will happen to their liabilities .
Re: Biafra Exit. A Question by SIRTee15: 1:16pm On Jul 04, 2017
koladebrainiac:
Please if Biafra eventually exist Nigeria through referendum -i mean peacefully

Who will pay their monies dey borrowed from banks
I mean what will happen to their liabilities .
Didn't the bank secure collateral n guarantors b4 granting them loans......
I'm sure if they default or abscond to the new nation, the banks will simply take over the defaulter's property....
I guess that's why most igbo elites are not too enthusiastic about the biafra project....
For those who collected salary loan or via cooperative...
I think those will be used a collective bargaining tool during secession negotiations.......
Re: Biafra Exit. A Question by Ogalanyachieze: 1:16pm On Jul 04, 2017
Viewing this topic oladeebo as usual
Re: Biafra Exit. A Question by koladebrainiac(op): 3:30pm On Jul 04, 2017
SIRTee15:
Didn't the bank secure collateral n guarantors b4 granting them loans......
I'm sure if they default or abscond to the new nation, the banks will simply take over the defaulter's property....
I guess that's why most igbo elites are not too enthusiastic about the biafra project....
For those who collected salary loan or via cooperative...
I think those will be used a collective bargaining tool during secession negotiations.......
there are non colletarized loans and some loans using shares as collateral .
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