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N720bn Currency Swap Deal Attracts Nigerian Banks To China - Business (2) - Nairaland

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Re: N720bn Currency Swap Deal Attracts Nigerian Banks To China by GavelSlam: 8:27am On May 07, 2018
EarthXmetahuman:
lmao. Thanks you. I'm poverty stricken.

Now tell me, is what I said a lie?

Why are you so pained by what I said? Are you going to get fired if you don't die defending this useless government?

I can offer you a better job than this you know? Just send me a mail.

Why not get a job first?

Re: N720bn Currency Swap Deal Attracts Nigerian Banks To China by GavelSlam: 8:36am On May 07, 2018
EarthXmetahuman:
lmao. Thanks you. I'm poverty stricken.

Now tell me, is what I said a lie?


Why are you so pained by what I said? Are you going to get fired if you don't die defending this useless government?

I can offer you a better job than this you know? Just send me a mail.



Lmao, how can you appreciate the same higher exchange that brought about inflation in local market.
Dunce.
If inflation occurs in local market, not imported goods, due to higher exchange and people's income didn't change.
It affects everyone nd changes nothing.

I'm sure you wouldn't know that because you are still been fed.

send me a mail when you are ready.

Lazy Nigerian youth exporting nothing yet expecting his local currency to strengthen.

1 Like

Re: N720bn Currency Swap Deal Attracts Nigerian Banks To China by EarthXmetahuman: 8:42am On May 07, 2018
GavelSlam:


Lazy Nigerian youth exporting nothing yet expecting his local currency to strengthen.
brain dead thinks everyone is enjoying poverty in Nigeria like him. grin

The mor0n doesn't even know I was part of those who campagned and brought in this shameful government.

But everyone is his enemy as long as he speaks against the useleaa government.

Go and do something with your life.
Re: N720bn Currency Swap Deal Attracts Nigerian Banks To China by GavelSlam: 8:46am On May 07, 2018
EarthXmetahuman:
brain dead thinks everyone is enjoying poverty in Nigeria like him. grin

The mor0n doesn't even know I was part of those who campagned and brought in this shameful government.

But everyone is his enemy as long as he speaks against the useleaa government.

Go and do something with your life.

Don't care if you sponsored anybody's campaign.

I am stating the fact that it is.

No Nigerian has the right to complain about the exchange rate if he's not exporting or creating a local substitute for what is usually imported.
Re: N720bn Currency Swap Deal Attracts Nigerian Banks To China by EarthXmetahuman: 8:51am On May 07, 2018
[s]
GavelSlam:


Don't care if you sponsored anybody's campaign.

I am stating the fact that it is.

No Nigerian has the right to complain about the exchange rate if he's not exporting or creating a local substitute for what is usually imported.
[/s]and which local substitute doesn't involve importation or being destroyed by insecurities?
Re: N720bn Currency Swap Deal Attracts Nigerian Banks To China by mapet: 9:00am On May 07, 2018
See my reaction in blue

kolawoleibukun:
the real beneficiary to this deal is China. instead of Nigerian government to look inward and see how it can shake up its manufacturing and production of locally made goods they are swapping currencies for Nigeria to become the largest dump sites of adulterated goods. china is not a credible market for Nigeria. Chinese make fake goods and fakes drugs for Nigeria. why cant we aim higher than the toilet? is it wrong to swap currency with Japan? How about Germany or Australia? we have the oil for crying out loud. Why can't we do business with big giants like the US? Buhari recently went to the US but for what?

You have lumped a lot of things together and all just showed unbelievable (albeit deliberate) ignorance

1. Currency swap deal is to facilitate commerce. Commerce involves what Nigeria will opt for including areas of manufacturing (Machines), Agriculture, Energy etc. It is not just about dumping Chinese products here.

2. Why should we swap with Japan at the moment when the Japanese equivalent of People’s Bank of China (PBOC) is not making (& does not have the financial muscle) to make the kind of offer China is making?. What is the volume of commerce between Nigeria & Germany or Australia? Do you think you just enter bilateral agreement because of country's fancy names? Has America given us the kind of offer China is giving us and we refused? We should not overrate our present condition and think we should get "better deals" when we currently are simply trying to improve our "barging grounds"


China is making billions from Nigeria and they need us. we are begging china for what? we are part of the reasons why the Chinese can tussle with the US. the US imposed a recent tax increase on Chinese goods. they know that they have other markets to sell fake stuff and make higher profit that is why they are feeling high.

China is making billions from Nigeria; Alone? If I might ask? What is the volume of trade between China & Nigeria compared to any of the BRICS'? You are simply overestimating Nigeria's bargaining chip. Comparing us with US is simply ridiculous

warri steel, ajaokuta steel why cant we harness what we have? look at all our ports are closing. warri port is a bay of fleas, port harcourt is being salvaged by the oil vessels leaving the bay. why cant we open up these areas. by now easterner and southerners should not risk their lives on the roads with loads. our waterway should be functioning. why can't the igbos drop their goods on a boat and ship it to the east. why do they have to encounter thieves and robbers and also criminal law enforcement officers on the road?
if these goods came into the country by water, why cant they be moved into boats and shipped down? why do easterners have to travel down to lagos to board an international flight when the traffic in our airports is from the east? why not make life easy for people?

The simple answer to these your emotional question lies in our ability to plan and execute and not complain or sabotage. Have you asked yourself this question, if Warri or Portharcourt or Calabar ports are that viable, why haven't any private sector proposed a PPA arrangement and offer to take over? Have you consider SECURITY issues on the water ways? Why haven't the governors of these states taken a 5yr view to making these ports come-back to reality, instead of laying blame or waiting for manna from FG? Lagos started planning for Lekki deep-sea port over 7years ago, construction is just getting off.

kano airport is an eyesore. is not an airport is an air strip. dirty and dilapidated. and yet we have big names from that state. why is the railway not functioning? why should the hausa man carry loads in gwongoro from lagos to kaduna? why should southerners and westerners carry yam and agricultural products in gwongoro from the north? why cant we have trains?

Anybody will go do business where there are opportunities and enabling environment. If the Hausa man is welcomed and able to do his business is Syria, then by all means he should go there if his next door neighbour makes life misrable for him

the government knows what to do but they just being wicked.

Yes! the one you always blame

look at the things going on in this country and many people are silent. anyone silent over evil is an accomplice of evil. look at how all our Nollywood stars came out to voice their support for bbnaija. so they know about bbnaija and people die in benue and none of them came out.

the only person deserving or respect in Nollywood are Stella Damascus, God bless that lady. Stella, Gordons and Ali baba. The rest of them are selfish cowards. devools who care less about the evil in our country. is it wrong for AGN president to summon celebrities to use their platforms to campaign for a better Nigeria? after we don fight and dyie finish dem go come out and day smile fake smiles with their dirty bodies.

see yesterday for headies all the girls dress up like Hollywood celebrities but they cannot maintain their bodies to look like Hollywood celebrities. carry fat full everywhere. she as Tiwa dress like cheap tramp.

I'd rather not comment her cos I do not see any point

there is no electricity in our country. this is the deal that Nigeria should swap with china. not currency. let the Chinese come and build our electricity like the americans built the panama canal. let them manage it for 100 years for all I care but let there be light in Nigeria. ah ah God create the full world and said let there be light. why is there no light in Nigeria?

You are simply letting out steam and not articulated thoughts

and we are celebrating all these people. speak the truth. these people do not care about us. show no love to a heartless man. people are dying people are suffering and no one cares. we keep acting selfishly until we become victims or our family members begin to gt victimized. they are killing us and no one is coming out.

what sort of deal is this? all the fake Gucci, fake fones and fake products all come from china. china is not credible at all. we have the money why not buy from the US or Germany? the president's cars did not come from china. if they want to swap with chinea let us start from the presidency. let him use Chinese fones, drive Chinese cars and let the Chinese build his house. they are populating our country with trash. we do not need china. china needs us. we are a target for china.

Dora Akunyili went to china to plead with the government to stop selling fake medicine to Nigeria. she went that far. china is too populated they do not care about humans. if you have ever been to china you will see that what they sell to you is not what they use. they cannot never use what they give you. is that a country to partner with? let us develop ourselves. Nigerians are all running out. nothing works at all. a bunch of mediocrity remains to destroy the country. it hurts really bad to see people suffer for nothing. people die from buying fake drugs.

You simple forgot to blame the most important culprit, YOURSELF

2 Likes 1 Share

Re: N720bn Currency Swap Deal Attracts Nigerian Banks To China by martineverest(m): 9:02am On May 07, 2018
OkoNDOoBo:
bros this is early Monday morning try use your brain .
Deals that involves bilateral trade BTW two countries is not business trade between chibuzor and sikiru at
Idumota market.
It takes years and lots of bureaucractic process to ensure the paperworks re signed by both parties.

Britain opt of European Union almost two years now but it will take another two years for them to complete the necessary things to do before they finally pull out
u don't to reply dumbos on nairaland

1 Like 1 Share

Re: N720bn Currency Swap Deal Attracts Nigerian Banks To China by Truth234(m): 9:03am On May 07, 2018
kolawoleibukun:
the real beneficiary to this deal is China. instead of Nigerian government to look inward and see how it can shake up its manufacturing and production of locally made goods they are swapping currencies for Nigeria to become the largest dump sites of adulterated goods. china is not a credible market for Nigeria. Chinese make fake goods and fakes drugs for Nigeria. why cant we aim higher than the toilet? is it wrong to swap currency with Japan? How about Germany or Australia? we have the oil for crying out loud. Why can't we do business with big giants like the US? Buhari recently went to the US but for what?

I understand your concern but I will ask you one question, why is China the largest US trade partner? Why not the countries you mentioned? Also, your iPhones and other top US products are produced in China, US government put in place good quality control measures, Nigeria can do the same. U.K. Prime Minister, Theresa May, just led a team of experts to China to sign 9 billion pounds deal. Please, why do you think that is and not with its greatest ally, U.S.? Bro the world is changing.

China is making billions from Nigeria and they need us. we are begging china for what? we are part of the reasons why the Chinese can tussle with the US. the US imposed a recent tax increase on Chinese goods. they know that they have other markets to sell fake stuff and make higher profit that is why they are feeling high.

I don't understand your point here, are you defending US legacy or you are concern about Nigeria's economic growth and future?. By the way, the U.S increase taxes on imported Steel and Aluminium from most nations, not just China. The European Union was exempted last week till 1st of June. Its a strategy to cut trade deficit between US and other nations, however, because China is the U.S. largest trading partner hence the reason people think it will affect China the most but for people like us we know that is a lie, China only exports 6 percent of its steel and aluminium to US. But can make Donald Trump lose next election by increasing export taxes on Soybeans and other agric products mainly import by his red states. The very reason China was able to force US to the negotiation table this last Saturday. Nigeria can get to that point by broaden our economic reach through a deal like this.

warri steel, ajaokuta steel why cant we harness what we have? look at all our ports are closing. warri port is a bay of fleas, port harcourt is being salvaged by the oil vessels leaving the bay. why cant we open up these areas. by now easterner and southerners should not risk their lives on the roads with loads. our waterway should be functioning. why can't the igbos drop their goods on a boat and ship it to the east. why do they have to encounter thieves and robbers and also criminal law enforcement officers on the road?
if these goods came into the country by water, why cant they be moved into boats and shipped down? why do easterners have to travel down to lagos to board an international flight when the traffic in our airports is from the east? why not make life easy for people?

You can't harness anything without money, Nigeria does not have the capital to broadly push those capital project hence the reason to make the economy conducive for investors by allowing multiple exchange system. All the roads opening won't amount to anything as it will rot with no patronage except local SMEs, no major corporations will travel to those remote regions without good security measures and assurance of better business environment. All these have nothing to do with the currency swap deal, however, the deal could facilitate better trade movement as most of our brothers from that region are business-oriented individuals that can merge with foreign investors to deepen economic activities in their region.

kano airport is an eyesore. is not an airport is an air strip. dirty and dilapidated. and yet we have big names from that state. why is the railway not functioning? why should the hausa man carry loads in gwongoro from lagos to kaduna? why should southerners and westerners carry yam and agricultural products in gwongoro from the north? why cant we have trains?


the government knows what to do but they just being wicked.

look at the things going on in this country and many people are silent. anyone silent over evil is an accomplice of evil. look at how all our Nollywood stars came out to voice their support for bbnaija. so they know about bbnaija and people die in benue and none of them came out.

the only person deserving or respect in Nollywood are Stella Damascus, God bless that lady. Stella, Gordons and Ali baba. The rest of them are selfish cowards. devools who care less about the evil in our country. is it wrong for AGN president to summon celebrities to use their platforms to campaign for a better Nigeria? after we don fight and dyie finish dem go come out and day smile fake smiles with their dirty bodies.

see yesterday for headies all the girls dress up like Hollywood celebrities but they cannot maintain their bodies to look like Hollywood celebrities. carry fat full everywhere. she as Tiwa dress like cheap tramp.

there is no electricity in our country. this is the deal that Nigeria should swap with china. not currency. let the Chinese come and build our electricity like the americans built the panama canal. let them manage it for 100 years for all I care but let there be light in Nigeria. ah ah God create the full world and said let there be light. why is there no light in Nigeria?

and we are celebrating all these people. speak the truth. these people do not care about us. show no love to a heartless man. people are dying people are suffering and no one cares. we keep acting selfishly until we become victims or our family members begin to gt victimized. they are killing us and no one is coming out.

what sort of deal is this? all the fake Gucci, fake fones and fake products all come from china. china is not credible at all. we have the money why not buy from the US or Germany? the president's cars did not come from china. if they want to swap with chinea let us start from the presidency. let him use Chinese fones, drive Chinese cars and let the Chinese build his house. they are populating our country with trash. we do not need china. china needs us. we are a target for china.

Dora Akunyili went to china to plead with the government to stop selling fake medicine to Nigeria. she went that far. china is too populated they do not care about humans. if you have ever been to china you will see that what they sell to you is not what they use. they cannot never use what they give you. is that a country to partner with? let us develop ourselves. Nigerians are all running out. nothing works at all. a bunch of mediocrity remains to destroy the country. it hurts really bad to see people suffer for nothing. people die from buying fake drugs.


All the above have nothing to do with the deal except poor governance, US and the rest of the world like Europe, Australia, Japan, New Zealand, etc have China as their largest trading partner in numerous products, how are they regulating imports?

1 Like

Re: N720bn Currency Swap Deal Attracts Nigerian Banks To China by GavelSlam: 9:04am On May 07, 2018
EarthXmetahuman:
[s][/s][s]and which local substitute doesn't involve importation or being destroyed by insecurities[/s]?

Rubbish.

Various products and services do not require import.

1 Like

Re: N720bn Currency Swap Deal Attracts Nigerian Banks To China by kolawoleibukun: 9:06am On May 07, 2018
mapet:
See my reaction in blue



You simple forgot to blame the most important culprit, YOURSELF
you go dieee bad deatht for supporting evil. your generation no go escape the evil you wish for others. at all. you are heartless for standing by this government. I never see a demon like you that can clearly see the suffering of the masses and yet fails to acknowledge the truth. what os the benefit of this deal? how many countries have a deal like this? what is the strength of the economy of those countries?

oga gerat from my face. u are coming to tell me trash. after all ur knowledge how has the government fulfilled any promises made to you or your father?
Re: N720bn Currency Swap Deal Attracts Nigerian Banks To China by GavelSlam: 9:11am On May 07, 2018
kolawoleibukun:
you go dieee bad deatht for supporting evil. your generation no go escape the evil you wish for others. at all. you are heartless for standing by this government. I never see a demon like you that can clearly see the suffering of the masses and yet fails to acknowledge the truth. what os the benefit of this deal? how many countries have a deal like this? what is the strength of the economy of those countries?

oga great from my face. u are coming to tell me trash. after all ur knowledge how has the government fulfilled any promises made to you or your father?

Codeine and tramadol making you salivate like a rabid dog this morning.

Haba.

2 Likes

Re: N720bn Currency Swap Deal Attracts Nigerian Banks To China by EarthXmetahuman: 9:18am On May 07, 2018
GavelSlam:


Rubbish.

Various products and services do not require import.
you really are dumb. Why not name one? That shouldn't be hard


Its a known fact till today that the highest imported products by Nigerians are gadgets, or technology generally.

We don't eat foreign foods that much, so those ones are mostly sorted locally. Which herdsmen are destroying at will.


You want local alternative for cars e.g, you need a functioning steel company like ajaokuta, stable electricity, security and good roads.
Which one of those is your useless government providing without blaming the previous government?

What about phones, why do you think "made in Nigeria" phone sometimes more expensive than the imported ones?


Why do you think innoson, the local substitute import most if his raw materials or sells products more expensive than some of the imported ones?
Re: N720bn Currency Swap Deal Attracts Nigerian Banks To China by mapet: 9:18am On May 07, 2018
bojar:
In as much as this deal will reduce the demand pressure for the dollars and slightly appreciate the Naira against the dollar, on the other hand it will create room for dumping of Chinese products in Nigeria.
It would be good If Imports are regulated or constrained to mostly raw materials and machineries.

What about Industrial Machineries for local producers? What about opportunities for increasing exports?

4 Likes 2 Shares

Re: N720bn Currency Swap Deal Attracts Nigerian Banks To China by mapet: 9:19am On May 07, 2018
kolawoleibukun:
you go dieee bad deatht for supporting evil. your generation no go escape the evil you wish for others. at all. you are heartless for standing by this government. I never see a demon like you that can clearly see the suffering of the masses and yet fails to acknowledge the truth. what os the benefit of this deal? how many countries have a deal like this? what is the strength of the economy of those countries?

oga gerat from my face. u are coming to tell me trash. after all ur knowledge how has the government fulfilled any promises made to you or your father?

#LazyNigerianYouth
#Lazybrain

3 Likes 2 Shares

Re: N720bn Currency Swap Deal Attracts Nigerian Banks To China by martineverest(m): 9:20am On May 07, 2018
onatisi:
another way to siphon money out of the system , all in the name of currency swap. they will make sure this deal goes ahead , 720 billion has to be moved one way or the other
oh lord! too much dumb and senseless Nigerian youth everywhere...can u think before comment?

this swap deal is all about common man in the street , especially Ibo men that trade with chinese...this will help them alot

2 Likes 1 Share

Re: N720bn Currency Swap Deal Attracts Nigerian Banks To China by GavelSlam: 9:27am On May 07, 2018
EarthXmetahuman:
you really are dumb. Why not name one? That shouldn't be hard


Its a known fact till today that the highest imported products by Nigerians are gadgets, or technology generally.

We don't eat foreign foods that much, so those ones are mostly sorted locally. Which herdsmen are destroying at will.


You want local alternative for cars e.g, you need a functioning steel company like ajaokuta, stable electricity, security and good roads.
Which one of those is your useless government providing without blaming the previous government?

What about phones, why do you think "made in Nigeria" phone sometimes more expensive than the imported ones?


Why do you think innoson, the local substitute import most if his raw materials or sells products more expensive than some of the imported ones?

So if you are exporting ordinary lemongrass you would need to import something?

The average sea going vessel has a 3rd of its workforce being filipinos receiving forex please tell me how this requires import?

1 Like

Re: N720bn Currency Swap Deal Attracts Nigerian Banks To China by EarthXmetahuman: 9:32am On May 07, 2018
GavelSlam:


So if you are exporting ordinary lemongrass you would need to import something?

The average sea going vessel has a 3rd of its workforce being filipinos receiving forex please tell me how this requires import?
*facepalm*

And where are you going to plant the lemongrass that herdmen won't destroy.
Re: N720bn Currency Swap Deal Attracts Nigerian Banks To China by onatisi(m): 9:54am On May 07, 2018
martineverest:
oh lord! too much dumb and senseless Nigerian youth everywhere...can u think before comment?

this swap deal is all about common man in the street , especially Ibo men that trade with chinese...this will help them alot

you know we are lazy youth naaa , so please tell us more
except you are not smart at all. this swap deal will be used to siphon cash out of the system all in the name of paying chinese traders . just siddon there dey believe everything the govt tells u
Re: N720bn Currency Swap Deal Attracts Nigerian Banks To China by GavelSlam: 10:14am On May 07, 2018
EarthXmetahuman:
*facepalm*

And where are you going to plant the lemongrass that herdmen won't destroy.

Yes we were doing this years ago and we all became billionaires from it until Buhari showed up.

Hypocrite.

1 Like

Re: N720bn Currency Swap Deal Attracts Nigerian Banks To China by Kyllahmc(m): 10:15am On May 07, 2018
oyetunder:
cool We all pray it works. Even the best deals are subject to hackers who see Nigeria as their personal company. Wait oh...I saw the mic of NTA in that image. So they are still on air wasting precious air frequency abi?
That station whack abeg
Re: N720bn Currency Swap Deal Attracts Nigerian Banks To China by EarthXmetahuman: 10:15am On May 07, 2018
GavelSlam:


Yes we were doing this years ago and we all became billionaires from it until Buhari showed up.

Hypocrite.
this is why I said you are a mor0n

If other government failed and we voted them, why should we continue protect the current that is failing?
Re: N720bn Currency Swap Deal Attracts Nigerian Banks To China by GavelSlam: 10:22am On May 07, 2018
EarthXmetahuman:
this is why I said you are a mor0n

If other government failed and we voted them, why should we continue protect the current that is failing?

Just say you have no initiative.

If all the farms have become slaughter houses why is the price of food not skyrocketing.

Your case is simple.

Person wey no get sense no get sense.
Re: N720bn Currency Swap Deal Attracts Nigerian Banks To China by OgahBohz: 10:26am On May 07, 2018
God said let their be light , he didn't say let their be electricity na,
and we have light in Naija o
we have sunlight we have moonlight we have star light we even have darlight at night sef
Re: N720bn Currency Swap Deal Attracts Nigerian Banks To China by EarthXmetahuman: 10:31am On May 07, 2018
GavelSlam:


Just say you have no initiative.

If all the farms have become slaughter houses why is the price of food not skyrocketing.

Your case is simple.

Person wey no get sense no get sense.
did this guy just say price of food is not skyrocketing?
Now I know I have been talking to a 17years old boy.

Now I know you are being fed. Go to school kid.

There is currently scarcity of maize and the price of beans has increased. Same way with egusi, rice. Etc.


Go and ask your mom how much she pays to feed. If you know, you won't be here talking nonsense.

Last quote from me.

1 Like

Re: N720bn Currency Swap Deal Attracts Nigerian Banks To China by GavelSlam: 10:41am On May 07, 2018
EarthXmetahuman:
did this guy just say price of food is not skyrocketing?
Now I know I have been talking to a 17years old boy.

Now I know you are being fed. Go to school kid.

There is currently scarcity of maize and the price of beans has increased. Same way with egusi, rice. Etc.


Go and ask your mom how much she pays to feed. If you know, you won't be here talking nonsense.

Last quote from me.

Na so, your own market is Gucci market.

Which food stuff is increasing?


The FAO Vegetable Oil Price Index was down by 1.43 per cent, driven by a fall in prices of palm and soy oil, the key commodities in the Index.

The FAO Meat Index was down by 0.94 per cent driven by the decrease in the prices for bovine and pig meat.



https://www.thisdaylive.com/index.php/2018/05/07/inflation-rate-seen-heading-towards-single-digit/amp/




Re: N720bn Currency Swap Deal Attracts Nigerian Banks To China by Lloydfolarin: 10:53am On May 07, 2018
kolawoleibukun:
the real beneficiary to this deal is China. instead of Nigerian government to look inward and see how it can shake up its manufacturing and production of locally made goods they are swapping currencies for Nigeria to become the largest dump sites of adulterated goods. china is not a credible market for Nigeria. Chinese make fake goods and fakes drugs for Nigeria. why cant we aim higher than the toilet? is it wrong to swap currency with Japan? How about Germany or Australia? we have the oil for crying out loud. Why can't we do business with big giants like the US? Buhari recently went to the US but for what?

China is making billions from Nigeria and they need us. we are begging china for what? we are part of the reasons why the Chinese can tussle with the US. the US imposed a recent tax increase on Chinese goods. they know that they have other markets to sell fake stuff and make higher profit that is why they are feeling high.

warri steel, ajaokuta steel why cant we harness what we have? look at all our ports are closing. warri port is a bay of fleas, port harcourt is being salvaged by the oil vessels leaving the bay. why cant we open up these areas. by now easterner and southerners should not risk their lives on the roads with loads. our waterway should be functioning. why can't the igbos drop their goods on a boat and ship it to the east. why do they have to encounter thieves and robbers and also criminal law enforcement officers on the road?
if these goods came into the country by water, why cant they be moved into boats and shipped down? why do easterners have to travel down to lagos to board an international flight when the traffic in our airports is from the east? why not make life easy for people?

kano airport is an eyesore. is not an airport is an air strip. dirty and dilapidated. and yet we have big names from that state. why is the railway not functioning? why should the hausa man carry loads in gwongoro from lagos to kaduna? why should southerners and westerners carry yam and agricultural products in gwongoro from the north? why cant we have trains?

the government knows what to do but they just being wicked.

look at the things going on in this country and many people are silent. anyone silent over evil is an accomplice of evil. look at how all our Nollywood stars came out to voice their support for bbnaija. so they know about bbnaija and people die in benue and none of them came out.

the only person deserving or respect in Nollywood are Stella Damascus, God bless that lady. Stella, Gordons and Ali baba. The rest of them are selfish cowards. devools who care less about the evil in our country. is it wrong for AGN president to summon celebrities to use their platforms to campaign for a better Nigeria? after we don fight and dyie finish dem go come out and day smile fake smiles with their dirty bodies.

see yesterday for headies all the girls dress up like Hollywood celebrities but they cannot maintain their bodies to look like Hollywood celebrities. carry fat full everywhere. she as Tiwa dress like cheap tramp.

there is no electricity in our country. this is the deal that Nigeria should swap with china. not currency. let the Chinese come and build our electricity like the americans built the panama canal. let them manage it for 100 years for all I care but let there be light in Nigeria. ah ah God create the full world and said let there be light. why is there no light in Nigeria?

and we are celebrating all these people. speak the truth. these people do not care about us. show no love to a heartless man. people are dying people are suffering and no one cares. we keep acting selfishly until we become victims or our family members begin to gt victimized. they are killing us and no one is coming out.

what sort of deal is this? all the fake Gucci, fake fones and fake products all come from china. china is not credible at all. we have the money why not buy from the US or Germany? the president's cars did not come from china. if they want to swap with chinea let us start from the presidency. let him use Chinese fones, drive Chinese cars and let the Chinese build his house. they are populating our country with trash. we do not need china. china needs us. we are a target for china.

Dora Akunyili went to china to plead with the government to stop selling fake medicine to Nigeria. she went that far. china is too populated they do not care about humans. if you have ever been to china you will see that what they sell to you is not what they use. they cannot never use what they give you. is that a country to partner with? let us develop ourselves. Nigerians are all running out. nothing works at all. a bunch of mediocrity remains to destroy the country. it hurts really bad to see people suffer for nothing. people die from buying fake drugs.

It’s better to do business with China than your almighty USA.

China is better than USA in all ramifications

USA is only interested in USA only while China is interested in its own pocket but yours too

Nigeria and other Africa countries have been dealing with USA for only God knows when but what do we get in return? Darkness, dead social infrastructures etc

In less than 10years of China presence in Africa, they have done what USA and EU couldn’t do for years.

All Africa countries are shifting towards China hence USA recent outburst

Lmao! Lol! You wrote gibberish up there. Who buy most of the things made in China? The same USA buy 70% of Made in China products. So why would Nigerians stop patronising China products?

There are loads of Chinese investors in Nigeria today looking for where to invest their money, pls, how many USA investors do we have right now in Nigeria?

It’s the same fucking USA that do everything to destroy Nigeria image abroad by reporting everything that equally happened in their shithole country about Nigeria but failed to bring their own to the media via CNN, CBSetc

The USA that tried to bully Nigeria into accepting homosexuality as our way of life

Nothing good is in USA foreign policy and the whole world are waking up to USA menace

Go to Parts of Nigeria where new tracks are being built and jobs being created.

China is massively building roads network, 21st century trains tracks across the country.

Soon, China will help Nigeria to solve our electricity problem which USA and EU have been sabotaging for years so as to keep our country as undeveloped country

4 Likes 1 Share

Re: N720bn Currency Swap Deal Attracts Nigerian Banks To China by bendike: 10:54am On May 07, 2018
otokx:
Why does the deal not attract Chinese banks to Nigeria?
Trading in dollars has not attracted US banks to nigeria.

3 Likes

Re: N720bn Currency Swap Deal Attracts Nigerian Banks To China by bendike: 10:56am On May 07, 2018
Lloydfolarin:


It’s better to do business with China than your almighty USA.

China is better than USA in all ramifications

USA is only interested in USA only while China is interested in its own pocket but yours too

Nigeria and other Africa countries have been dealing with USA for only God knows when but what do we get in return? Darkness, dead social infrastructures etc

In less than 10years of China presence in Africa, they have done what USA and EU couldn’t do for years.

All Africa countries are shifting towards China hence USA recent outburst

Lmao! Lol! You wrote gibberish up there. Who buy most of the things made in China? The same USA buy 70% of Made in China products. So why would Nigerians stop patronising China products?

There are loads of Chinese investors in Nigeria today looking for where to invest their money, pls, how many USA investors do we have right now in Nigeria?

It’s the same fucking USA that do everything to destroy Nigeria image abroad by reporting everything that equally happened in their shithole country about Nigeria but failed to bring their own to the media via CNN, CBSetc

The USA that tried to bully Nigeria into accepting homosexuality as our way of life

Nothing good is in USA foreign policy and the whole world are waking up to USA menace
You said it all!
Bravo!

3 Likes 1 Share

Re: N720bn Currency Swap Deal Attracts Nigerian Banks To China by bendike: 11:10am On May 07, 2018
mapet:
See my reaction in blue



You simple forgot to blame the most important culprit, YOURSELF
Oga Fashola why change your alias? Sometimes you are Damelo, today you chose to be Mapet? shocked
Re: N720bn Currency Swap Deal Attracts Nigerian Banks To China by nametalkam: 11:32am On May 07, 2018
Anything with China deserve extra scrutiny shaaa. They have over 2 Billion people and everything is about their future. Nothing wrong with that if Nigeria govt is smart enough to ensure we have the similar stake and not being taken advantage of.

There is a good reason Chinese are spreading across Africa with backing from the Chinese govt.

1 Like

Re: N720bn Currency Swap Deal Attracts Nigerian Banks To China by chukxie(m): 11:34am On May 07, 2018
kolawoleibukun:
the real beneficiary to this deal is China. instead of Nigerian government to look inward and see how it can shake up its manufacturing and production of locally made goods they are swapping currencies for Nigeria to become the largest dump sites of adulterated goods. china is not a credible market for Nigeria. Chinese make fake goods and fakes drugs for Nigeria. why cant we aim higher than the toilet? is it wrong to swap currency with Japan? How about Germany or Australia? we have the oil for crying out loud. Why can't we do business with big giants like the US? Buhari recently went to the US but for what?

China is making billions from Nigeria and they need us. we are begging china for what? we are part of the reasons why the Chinese can tussle with the US. the US imposed a recent tax increase on Chinese goods. they know that they have other markets to sell fake stuff and make higher profit that is why they are feeling high.

warri steel, ajaokuta steel why cant we harness what we have? look at all our ports are closing. warri port is a bay of fleas, port harcourt is being salvaged by the oil vessels leaving the bay. why cant we open up these areas. by now easterner and southerners should not risk their lives on the roads with loads. our waterway should be functioning. why can't the igbos drop their goods on a boat and ship it to the east. why do they have to encounter thieves and robbers and also criminal law enforcement officers on the road?
if these goods came into the country by water, why cant they be moved into boats and shipped down? why do easterners have to travel down to lagos to board an international flight when the traffic in our airports is from the east? why not make life easy for people?

kano airport is an eyesore. is not an airport is an air strip. dirty and dilapidated. and yet we have big names from that state. why is the railway not functioning? why should the hausa man carry loads in gwongoro from lagos to kaduna? why should southerners and westerners carry yam and agricultural products in gwongoro from the north? why cant we have trains?

the government knows what to do but they just being wicked.

look at the things going on in this country and many people are silent. anyone silent over evil is an accomplice of evil. look at how all our Nollywood stars came out to voice their support for bbnaija. so they know about bbnaija and people die in benue and none of them came out.

the only person deserving or respect in Nollywood are Stella Damascus, God bless that lady. Stella, Gordons and Ali baba. The rest of them are selfish cowards. devools who care less about the evil in our country. is it wrong for AGN president to summon celebrities to use their platforms to campaign for a better Nigeria? after we don fight and dyie finish dem go come out and day smile fake smiles with their dirty bodies.

see yesterday for headies all the girls dress up like Hollywood celebrities but they cannot maintain their bodies to look like Hollywood celebrities. carry fat full everywhere. she as Tiwa dress like cheap tramp.

there is no electricity in our country. this is the deal that Nigeria should swap with china. not currency. let the Chinese come and build our electricity like the americans built the panama canal. let them manage it for 100 years for all I care but let there be light in Nigeria. ah ah God create the full world and said let there be light. why is there no light in Nigeria?

and we are celebrating all these people. speak the truth. these people do not care about us. show no love to a heartless man. people are dying people are suffering and no one cares. we keep acting selfishly until we become victims or our family members begin to gt victimized. they are killing us and no one is coming out.

what sort of deal is this? all the fake Gucci, fake fones and fake products all come from china. china is not credible at all. we have the money why not buy from the US or Germany? the president's cars did not come from china. if they want to swap with chinea let us start from the presidency. let him use Chinese fones, drive Chinese cars and let the Chinese build his house. they are populating our country with trash. we do not need china. china needs us. we are a target for china.

Dora Akunyili went to china to plead with the government to stop selling fake medicine to Nigeria. she went that far. china is too populated they do not care about humans. if you have ever been to china you will see that what they sell to you is not what they use. they cannot never use what they give you. is that a country to partner with? let us develop ourselves. Nigerians are all running out. nothing works at all. a bunch of mediocrity remains to destroy the country. it hurts really bad to see people suffer for nothing. people die from buying fake drugs.

You've made some very valid points regarding how China does business with Nigeria - Africa. As someone presently living in China, I can unequivocally tell you the Chinese do not care about any other nation's true prosperity. When China uses its right hand to give grants / loans to poor countries especially African countries, it (China), uses its left hand and both legs to take back what it gave them with interest of course, and on top of that it would exploit the natural resources of its loan beneficiaries. That's how China is building its own type of hegemony. It's sad beyond words that a nation like Nigeria wealthy in natural resources would go cap in hand to China to beg to money to develop its decaying infrastructures. Nigeria should have been amongst one of the best countries in Africa and the world if our leaders had not been corrupt, greedy, wasteful and utterly clueless when it comes to governance.

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