Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,156,433 members, 7,830,175 topics. Date: Thursday, 16 May 2024 at 05:19 PM |
Nairaland Forum / Nairaland / General / Crime / US Warns Nigeria, African Countries Over Debt Burden. (26566 Views)
Liberian Man Stabs His Pastor's 3-year-old Daughter To Death Over Debt / 11 Friends Arrested For Killing Nigerian Student Over Debt In Cyprus / Bike Rider Commits Suicide In Lagos Over Debt (Photos) (2) (3) (4)
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (Reply) (Go Down)
Re: US Warns Nigeria, African Countries Over Debt Burden. by budaatum: 4:42pm On Jun 24, 2019 |
ernieboy:Yes I do. They are borrowed money on which interest is paid! |
Re: US Warns Nigeria, African Countries Over Debt Burden. by budaatum: 4:43pm On Jun 24, 2019 |
ernieboy:Default is when you don't meet up with those terms like Argentine didn't! |
Re: US Warns Nigeria, African Countries Over Debt Burden. by LarryBee1k: 4:44pm On Jun 24, 2019 |
Re: US Warns Nigeria, African Countries Over Debt Burden. by zoedew: 4:47pm On Jun 24, 2019 |
budaatum: USA has its big economy, offshore manufacturing and investments in China to bargain with. The ongoing trade war is certain to hurt China more badly. Truth is, no economy worth calling one will put its innards at risk by allowing HUAWEI equipment on its sensitive telco network. Huawei cannot resist request by the Chinese Communist Party to access info on HUAWEI equipment anywhere located in the world. #backchannels 1 Like |
Re: US Warns Nigeria, African Countries Over Debt Burden. by PoliteActivist: 4:48pm On Jun 24, 2019 |
BLUEJAYY: Yes I can know that. China is totally different from anything u ever experienced. Think of it this way: the Party is the beloved head of your family who tells u how to be and to whom u owe total allegiance and must report any sign of dissention |
Re: US Warns Nigeria, African Countries Over Debt Burden. by zoedew: 4:51pm On Jun 24, 2019 |
LarryBee1k: You typify the drowning man! While he is underwater and faced with imminent death by drowning he sees the floating piece of straw up above as if it is a log of wood and representative of a life-line. His desperation obliterates the need for a choice and he’ll be long dead on a journey of no return before he realises he made a costly mistake clutching at the straw when he really needed a log of wood to stay afloat and alive! China as presently constituted is not good for our society! If we must do business with them all eyes must be wide opened! 3 Likes |
Re: US Warns Nigeria, African Countries Over Debt Burden. by PoliteActivist: 4:54pm On Jun 24, 2019 |
LarryBee1k: If this were China, Buhari and APC will be like part of your family infact head of the family to whom u must agree with anything they say and must report any family member who appears to disagree |
Re: US Warns Nigeria, African Countries Over Debt Burden. by kernel01: 4:54pm On Jun 24, 2019 |
byrron: You're right. How can a man take loan, and pay fees? No power, no road, no industries... And you think Chinese won't take over Nigeria in a short time? Last year, with more than $1 billion in debt to China, Sri Lanka handed over a port to companies owned by the Chinese government. Now Djibouti, home to the US military’s main base in Africa, looks about to cede control of another key port to a Beijing-linked company The Chinese are targeting ports to influx every defaulting country with made in China goods. Let's forget America, but face reality. 3 Likes 1 Share |
Re: US Warns Nigeria, African Countries Over Debt Burden. by Bluffly: 4:55pm On Jun 24, 2019 |
And we can't see anything going on. Just Debts |
Re: US Warns Nigeria, African Countries Over Debt Burden. by BLUEJAYY: 4:58pm On Jun 24, 2019 |
PoliteActivist:China isn't taking over the government. That can't happen. All I'd love is for them to take over the development and maintenance infrastructures and amenities. Anyway, whatever China does it would be in alignment with the terms of agreement signed by both countries. So if our leaders have gone ahead to sell the country to China I wouldn't be surprised a bit. We the citizens are so divided, ignorant and docile to take any action or have a say after all. |
Re: US Warns Nigeria, African Countries Over Debt Burden. by simplesearch: 4:58pm On Jun 24, 2019 |
bro4u: What they are saying is simple, we lend you guys money and when you guys couldn't pay back we write-off some of the debt and probably reduced lending, instead of growing your economy and making it work you guys stealthily turn to china to continue your borrowing, just know for once that china won't write off your debt cos their initial purpose of extending this kind gesture is to permanently enslave you people. At the end of the day we will request a pay back and not a write off since you guys can figure out a means of repayment for china who does not write off debt, you guys should also be ready to pay us back as we will no longer forgive you people this time around. This is a good talk my brother! 1 Like |
Re: US Warns Nigeria, African Countries Over Debt Burden. by TroubleMaker47(m): 4:59pm On Jun 24, 2019 |
JubrinElSudan:God bless u. Africans don't still understand the greed inherent in communist govt! THEY WOULD NEVER ERASE YOUR DEBT! instead they would secretly pray u default so they can take 10X the value of the loan! Just like our banks! 1 Like |
Re: US Warns Nigeria, African Countries Over Debt Burden. by Empiree: 4:59pm On Jun 24, 2019 |
Flier:Whether they are jealous or not, African countries need to be careful of Chinese loan and loans generally. You see what happens in Sri Lanka is gradually manifested in Nigeria. They loan you what you can't pay back. As a result, Chinese take over certain percentage of the country. It becomes Chinese territory. They have more rights than citizens. Did you not hear about a Chinese restaurant kicked out nigerian people and black customers out of their restaurant in Lagos?. But security of restaurant is a nigerian guy. Bottomline of this narrative is to tell you that you will be slaves in your own country. Debt should always be avoided by any means necessary. Why is Nigeria borrowing money when a senator is earning billions of naira a month for doing nothing?. THINK 2 Likes 1 Share |
Re: US Warns Nigeria, African Countries Over Debt Burden. by budaatum: 4:59pm On Jun 24, 2019 |
zoedew:Ok. If you believe so. But wasn't American AT&T and Qualcomm crying over Huawei ban. I wonder who is hurting. |
Re: US Warns Nigeria, African Countries Over Debt Burden. by LarryBee1k: 5:03pm On Jun 24, 2019 |
Re: US Warns Nigeria, African Countries Over Debt Burden. by PoliteActivist: 5:04pm On Jun 24, 2019 |
byrron: Thanks bro. Nigerians have never experienced what it is like when the govt becomes as an intimate member if your family, head of your family, whom you must love, can't disagree with, and must report anybody who seems to disagree |
Re: US Warns Nigeria, African Countries Over Debt Burden. by BLUEJAYY: 5:04pm On Jun 24, 2019 |
kernel01:I think it's also happening in Zimbabwe. It's inevitable. If Africa can't take care of herself, the world will take over her resources. We can't just be a waste of space and parasites to the world. |
Re: US Warns Nigeria, African Countries Over Debt Burden. by LarryBee1k: 5:04pm On Jun 24, 2019 |
1 Like |
Re: US Warns Nigeria, African Countries Over Debt Burden. by Nobody: 5:07pm On Jun 24, 2019 |
kernel01: Sadly, African politicians knows this but gives no Zap about its adverse effects and consequences on the wellbeing of its Citizens simply because they are busy amassing wealth and will also become stakeholders on those mortgaged national assets when it gets acquired by the current money lenders. |
Re: US Warns Nigeria, African Countries Over Debt Burden. by PoliteActivist: 5:09pm On Jun 24, 2019 |
LarryBee1k: You can also kiss your language, culture, traditions, and religions goodbye. You sure that's what you want? |
Re: US Warns Nigeria, African Countries Over Debt Burden. by zoedew: 5:10pm On Jun 24, 2019 |
LarryBee1k: This is not about religion and tribe as it is about dealing with corruption. If we will enforce anti-corruption laws we should be okay in Nigeria. For example, corrupt folks should be kept in the same police cells hardened criminals are in. The mere thought of spending time in hardened criminals cell should send cold shivers down the spine of the typical corrupt Nigerian public official each time corruption is contemplated! Our values must be given fillip by the enforcement of our anti-corruption statutes |
Re: US Warns Nigeria, African Countries Over Debt Burden. by drakeli: 5:11pm On Jun 24, 2019 |
bro4u:China is the new slave master. Using loans to enslave African nations. Tell China to give aides not loan. |
Re: US Warns Nigeria, African Countries Over Debt Burden. by jaxxy(m): 5:11pm On Jun 24, 2019 |
bro4u: Listen to urself. When u owe the us or IMF do they takeover ur strategic assets? That’s what the us is warning u about China and Ure here thinking Chinese are ur blood relatives that are doing charity work for u? |
Re: US Warns Nigeria, African Countries Over Debt Burden. by PoliteActivist: 5:12pm On Jun 24, 2019 |
zoedew: So true |
Re: US Warns Nigeria, African Countries Over Debt Burden. by SIRTee15: 5:12pm On Jun 24, 2019 |
budaatum: NNPC, NLNG, Nigerian refinery, Lagos port, murtala Muhammad airport or Abuja airport, free oil wells in naija delta, Nigerian railway, installing toll gates on Nigerian major highway..... China can even demand to take over top schools like unilag, UI or ABU.... These are juicy assets with good ROI..... It's like u oblivious of what's happening in Nigeria.... The last time the country was broke, FG contemplated selling some of these assets.... Dangote even suggested n supported the idea..... Whether we like or not, these assets will be sold... It's just a matter of time... America don't need to give up any assets to China... She owed her debt in dollars, a currency she has full control over... If China demand for their loan, all America need to do is print more dollars n throw it at them... It's left for China to chew on what to do with the worthless printed dollars... |
Re: US Warns Nigeria, African Countries Over Debt Burden. by budaatum: 5:15pm On Jun 24, 2019 |
I wonder what you think 200 million Nigerians would do to those assets if they belonged to China. SIRTee15: |
Re: US Warns Nigeria, African Countries Over Debt Burden. by jaxxy(m): 5:19pm On Jun 24, 2019 |
Ngwamankillyou: Actually they do and wud rather give u practical ways to fix ur problems by putting ur house in order, China will give u loans even with ur corruption so they can takeover u completely. Does China have tolerance for corruption in there own country? No zero tolerance that’s why things work there Bt they allow u to be corrupt as u like because they know u don’t hv sense. |
Re: US Warns Nigeria, African Countries Over Debt Burden. by drakeli: 5:20pm On Jun 24, 2019 |
We owe the US. The US still dey give us aides join. But this one about China. Na die oooo. China go put up Nigeria for sale |
Re: US Warns Nigeria, African Countries Over Debt Burden. by budaatum: 5:27pm On Jun 24, 2019 |
SIRTee15:Where Nigeria is concerned you think China has a brain, but you throw their Chinese brain in the dustbin where America is concerned lol. Everyday you moan about the dysfunctionality of those assets and think they are worth something to China when the truth is, if China does want your useless Nigerian assets they'll just throw dollars at you and buy them all for far less than they lend you, and some of them would be better for it. Just think TCUnilag, The Chinese University of Lagos! |
Re: US Warns Nigeria, African Countries Over Debt Burden. by SIRTee15: 5:32pm On Jun 24, 2019 |
budaatum: 200 million Nigerians can do nothing... Once it's sold to China, it belongs to them... The first thing they will do is replace top management staffs with Chinese.... Few Nigerians will be retained to act as house niggas.... So don't even think Nigerians will benefit.... Nigerians are too docile and stupid to initiate any form of resistance or organise themselves in order to restructure their community.... U guys that can't oppose your own elected leaders.... Na Chinese man una wan fight.... The Chinese man is ruthless n lacks conscience. His god is money. He believes in servitude n hard labour.... And that's what they will expect from Nigerians.... U guys will work hard until every single penny of the loan is paid back with interest.... He go do Una like dream.... The good thing is for the first time.... Nigerians will come to appreciate hardwork...... And that's the only reason I support China taking over... |
Re: US Warns Nigeria, African Countries Over Debt Burden. by Ngwamankillyou(m): 5:33pm On Jun 24, 2019 |
jaxxy: Keep kwayet house negro, look at who is talking about fiscal responsibility when America is bed riddled with huge debt from China, America has no moral standing to educate Africans about debt when they are the most indebted and corrupt nation that ever lived... Africa is for Africans to decide who we borrow from or not.. We are happy to collaborate with China whether the gringos likes it or not. |
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (Reply)
Why I Collected N370k Settlement From My Daughter’s HIV+ Rapist - Dad / Female Student Commits Suicide Over ‘Failed Relationship’ / Ondo Government Bans Night Clubbing, Restricts Okada Operations
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 65 |