₦airaland Forum

abduljabbar4:
Why is Amaechi even wasting his time on these people. They are okay with Africans being slaves to the IMF and collecting loans that mostly ends in the pockets of white companies and corrupt politicians, but they have problems with low-interest, long-term loans from China. It's only an irresponsible government that will fail to repay such loans (given the time and interest rate of the deal).

Modified
Some Cownu minions are not aware that China has canceled loans for African countries without giving stupid conditions like approval of gay marriage. Not only that, China has never endorsed a candidate in our country or tried to fforce us into going for destructive policies (SAP). They claim that they have never taken over a country, yet great African leaders like Ghaddafi are dead today for refusing to become puppets. Not only that, they have taken over Iraq and Ivory Coast while still fighting to seize Syria and Venezuela. They are always quick to mention Zambia (which failed to repay due to incompetence) , but they don't care about the plight of our neighbors in the hands of France who controls their economies and even funds terrorist groups to cause unrest in the region (of course, why should they care when France is an ally to USA their masters). They supported USA's evil agender against our own Akinwumi Adesina just because they hate everything that sounds like Yoruba and Nigeria but thank God, they have failed.


But then, even their leader called them pigs and idiots so no surprises here. If majority of African countries prefer to go for "evil" Chinese loans over Angel World Bank, then there must be a reason. Even their master (America) owes China over a trillion dollars



Modified for the 2nd time

China has never threatened us with sanctions for refusing to accept their deals unlike their masters. Ask Angola or Rwanda about what they faced for choosing to grow their local industries (textile I think)

China has never colonized nor sabotaged our industries but it's the Chinese that are bad.
I see that Nigerians are sinophobic and are very ignorant, hating on the Chinese for no good reason, they act like the west ever cared for us.

Ikemoneyman:
You are just as dumb as you parents, you are just a biological mistake, you father was so stupid not have used a condom.....May God help you receive small sense

Thank God am tormenting you guys, I can see how red your eyes ar. Ur fo00olish papa dey Yoruba land selling gala nd ur hairy chested mooma selling ugwu that's not up to 500# in Yoruba land. Who is now the born by mistake if not u?

NGpatriot:
This is what Jona and his cronies did with the $500 China loan.

This is what we are still paying for, obsolete rubbish that was never completed and never served Nigerians in anyway.

On top of that, they inserted a clause in the contract that the terms of the loans must never be questioned, revealed or debated.

but apart from giving Fulani cows 100 billion naira wetin buhari don do for nigeria so far? The loan na even tinubu carry am with two bullion van enter e house.make una go collect back the from tinubu now that his is alive that only way to get lagos back

NGpatriot:
This is what Jona and his cronies did with the $500 China loan.

This is what we are still paying for, obsolete rubbish that was never completed and never served Nigerians in anyway.

On top of that, they inserted a clause in the contract that the terms of the loans must never be questioned, revealed or debated.

but apart from giving Fulani cows 100 billion naira wetin buhari don do for nigeria so far? The loan na even tinubu carry am with two bullion van enter e house.make una go collect back the from tinubu now that his is alive that is the only way to get lagos back

BlackfireX:
Damage control...

Na China born you? You want loan withour collatera? Go UBA go collect nah.

King44:
It turns out you are more ignorant and adamant than I thought...

What is the essence of getting educated when you can't do a simple realistic logical thinking.

You just contradicted yourself when you asked that rhetoric question. I have stated the answer clearly but I am not sure if you read or understood what you even read.

Once more Nigeria won't pay because the leaders only understand contract but they don't understand the content, they won't ask for help before signing and when they are done signing, they won't keep to their own side of the deal.

It is bad and it would affect us on the long run, so learn to read and understand before you start typing nonsense with those sore fingers of yours.

kkk

The question still remains, why don't you allow those you have yabbed to just walk away and form their own country and run it by the terms suitable for them.
I cant seem to understand the obsession. If any part of your body gives you trouble, cut it off. Many worshippers have been saying they should be allowed to go. Why not do otoge for Igbos to leave Nigeria. Haba mana

abduljabbar4:
Why is Amaechi even wasting his time on these people. They are okay with Africans being slaves to the IMF and collecting loans that mostly ends in the pockets of white companies and corrupt politicians, but they have problems with low-interest, long-term loans from China. It's only an irresponsible government that will fail to repay such loans (given the time and interest rate of the deal).

Modified
Some Cownu minions are not aware that China has canceled loans for African countries without giving stupid conditions like approval of gay marriage. Not only that, China has never endorsed a candidate in our country or tried to fforce us into going for destructive policies (SAP). They claim that they have never taken over a country, yet great African leaders like Ghaddafi are dead today for refusing to become puppets. Not only that, they have taken over Iraq and Ivory Coast while still fighting to seize Syria and Venezuela. They are always quick to mention Zambia (which failed to repay due to incompetence) , but they don't care about the plight of our neighbors in the hands of France who controls their economies and even funds terrorist groups to cause unrest in the region (of course, why should they care when France is an ally to USA their masters). They supported USA's evil agender against our own Akinwumi Adesina just because they hate everything that sounds like Yoruba and Nigeria but thank God, they have failed.


But then, even their leader called them pigs and idiots so no surprises here. If majority of African countries prefer to go for "evil" Chinese loans over Angel World Bank, then there must be a reason. Even their master (America) owes China over a trillion dollars



Modified for the 2nd time

China has never threatened us with sanctions for refusing to accept their deals unlike their masters. Ask Angola or Rwanda about what they faced for choosing to grow their local industries (textile I think)

shugamummy:
The question still remains, why don't you allow those you have yabbed to just walk away and form their own country and run it by the terms suitable for them.
I cant seem to understand the obsession. If any part of your body gives you trouble, cut it off. Many worshippers have been saying they should be allowed to go. Why not do otoge for Igbos to leave Nigeria. Haba mana

Are you crazy or something? Is he the one holding ibos down and preventing them from getting Biafra? How powerful is he that he is now an obstacle to your Biafra? When e tire u u go go meet people wey u feel say na dem dey hold u down. Fuckingg Muppets.

shugamummy:
The question still remains, why don't you allow those you have yabbed to just walk away and form their own country and run it by the terms suitable for them.
I cant seem to understand the obsession. If any part of your body gives you trouble, cut it off. Many worshippers have been saying they should be allowed to go. Why not do otoge for Igbos to leave Nigeria. Haba mana

Freedom is earned, not given. You fought for it before and lost, try again, who knows? You may be lucky this time.

But, who is even holding you? Didn't Northerners tell you to leave Northern Nigeria for them and go to your home? Did you leave? NO, Instead, you cried to WHO, UN, AU, US, EU, HIV, AIDS to help you beg Northerners not to eject you from the North. What about when Fashola abducted several Igbos all over Lagos and dumped you at Upper Iweka Bridge Head at 2:00AM? Before 15 mniutes, you have all jumped into the next available Mallam Adamu tailer moving cows to Lagos. SO, who is holding you down in Nigeria?

Just tell you Yahoo Yahoo Igbo National Assembly members to resign their positions and retuen home. Tell your Igbos brethren in Federal Government Ministires and Parastatals to resign and return home. Tell your fake and expired drugs sellers in Yoruba land and Hausa/Fulani land to close their shops and return home. Let all Igbos return home and see if you will not be independent.

Meanwhile the ECOWAS will never ever allow an independent drug trafficking nation around its borders, so if Igbos want independence, they should go and look for land somewhere far away from West Africa and move their brethren there. ECOWAS will never allow another Mexico near US.

Use this same energy to start typing Igbos should leave Nigeria. You will receive a title I swear instead of blaming them for the cause of your woes at your backyard. Why are you guys even afraid of level playing ground both in politics and in other things. Tell me which industry in this country that is being grown from scratch by Igbos. Just tell me. Apart from political appointments, where else do you play?

Gracchus:
Are you crazy or something? Is he the one holding ibos down and preventing them from getting Biafra? How powerful is he that he is now an obstacle to your Biafra? When e tire u u go go meet people wey u feel say na dem dey hold u down. Fuckingg Muppets.

if you like dont pay them its you corrupt politicians that would end up in chains by the time china takes over

Some people will be hailing him now, does he even know wat he is saying..why is he so concern about loan, wat asset are china gona collect.. Why Jonathan again..does he think he is clean..how come they psy 93m or you rushed down to pay to avoid been interrogated more..you will go down last last .

Guestlander:
First of all, the money is paid directly to the contractors. It is not the kind of loan anyone can embezzle.
Your second question; what if the rail system fail before we can repay the loan. In this type of project the contractor doesn't just leave when the project is completed, they are usually available as per agreement to fix any technical or unforseen issues which may come up after completion until Nigerians can take over and fix it themselves.

we all know Nigeria factors and way contractors abandon projects. What do government put in place of that

teemy:
I believe if secrecy over the loans did not exist, the fears would not have existed.

It makes sense if one looks at it critically. China supplies the loans, completes the project and in case Nigeria defaults, China 'manages' the assets they used their loan to finance till their money is recovered and then returns the assets back to Nigeria.

It is a simple enough arrangement that anyone with basic common sense and education could read from the agreement itself. But Nigerians lack basic common sense and their education is near useless to them.

Simplyleo:
Good to hear that.

However, I know those lunatics (they know themselves) will rather prefer Nigeria unable to comply so they can scream more on social media.

God bless Rotimi Ameachi
God bless BAT
God bless PYO
God bless PMB
God bless Nigeria and Patriotic Nigerians.

Meanwhile;

If you like write trash and pretend, you and your lineage are already on hire purchase and very soon the remaining will be auctioned off on eBay.

Slimpotter:
China has never colonized nor sabotaged our industries but it's the Chinese that are bad.
I see that Nigerians are sinophobic and are very ignorant, hating on the Chinese for no good reason, they act like the west ever cared for us.

It's their colonial mentality that is disturbing them, plus US anti-China propaganda on Youtube influencing them.

IMF and World Bank gave them billions with nothing to show for it, while installing/supporting puppet pro-western regimes in Nigeria.

China is giving them loans with tangible results we can see on the ground around us from roads to various railway projects to airports to dams and factories, and are apolitical, with no interest in influencing our politics, but China are the 'enemy' who want to 'colonise our country', while the USA, UK and co are our 'friends' and 'partners'.

Stupid upside down thinkers.

abduljabbar4:
Why is Amaechi even wasting his time on these people. They are okay with Africans being slaves to the IMF and collecting loans that mostly ends in the pockets of white companies and corrupt politicians, but they have problems with low-interest, long-term loans from China. It's only an irresponsible government that will fail to repay such loans (given the time and interest rate of the deal).

Modified
Some Cownu minions are not aware that China has canceled loans for African countries without giving stupid conditions like approval of gay marriage. Not only that, China has never endorsed a candidate in our country or tried to fforce us into going for destructive policies (SAP). They claim that they have never taken over a country, yet great African leaders like Ghaddafi are dead today for refusing to become puppets. Not only that, they have taken over Iraq and Ivory Coast while still fighting to seize Syria and Venezuela. They are always quick to mention Zambia (which failed to repay due to incompetence) , but they don't care about the plight of our neighbors in the hands of France who controls their economies and even funds terrorist groups to cause unrest in the region (of course, why should they care when France is an ally to USA their masters). They supported USA's evil agender against our own Akinwumi Adesina just because they hate everything that sounds like Yoruba and Nigeria but thank God, they have failed.


But then, even their leader called them pigs and idiots so no surprises here. If majority of African countries prefer to go for "evil" Chinese loans over Angel World Bank, then there must be a reason. Even their master (America) owes China over a trillion dollars



Modified for the 2nd time

China has never threatened us with sanctions for refusing to accept their deals unlike their masters. Ask Angola or Rwanda about what they faced for choosing to grow their local industries (textile I think)

China go colonize and take over America be that.


ipobs are not known for common sense and intelligence anyway.

lucasalves:
some people really need to go back to school... I have said many times Easterners make good business men cos of their hustling spirit but a terrible economist cos of their lack of critical thinking on any issue... for years Nigeria has borrowed billions of dollars from IMF why don't you lot come out then and scream our markets will be full with "species from the west" how does that even make any sense to any human? not once have the Chinese raised an issue with loan repayment and in international law no country has the right to take over anyone's land, seriously how dumb does anyone have to be to think Nigeria can't repay a loan of just $500 million? really? is that all the Igboland is worth? these are issues you clearly do not have the tools to understand. this your hate towards Yoruba land has only made the place move forward while you and your kind keep fighting your way to get into the region leaving your waste land to languish in everlasting poverty. Muslims and Christians we all live here in peace (check out the previous governors in the region you will find people with diverse faith) igbo, Hausa or any other tribe is welcome here and treated with respect... we open our doors to you ingrates and all you can do in return is to haul constant and cheap insults at us. You can hate but your hate will only continue to make you the marginalized tribe that you are. Down here we are tolerant and civilized humans that are way above your hatred.

Stop assuming these jobless online IPOB noisemakers represent Igbo people. THEY DON'T.

AMINDA:
You don't have to worry about that. The loans cannot be embezzled because the Chinese government will only release the money directly to the contractor after Nigeria signs that the project has been delivered. No Nigerian government official comes in contact with the money. Nigeria has engaged the services of the Italians to ensure that the projects are built according to European standards. It's a win-win for everybody.

Our people are DUMB and do not research anything. Educating them is a real task.

See them talking about politicians embezzling the Chinese loans. They have no clue how the contracts even operate, after all these years of Chinese projects in Nigeria! They still think China gives us the cash and we...... Oh you know what... I give up! They're hopeless.

AMINDA:
You don't have to worry about that. The loans cannot be embezzled because the Chinese government will only release the money directly to the contractor after Nigeria signs that the project has been delivered. No Nigerian government official comes in contact with the money. Nigeria has engaged the services of the Italians to ensure that the projects are built according to European standards. It's a win-win for everybody.

You know who's handling the rail contracts? China Civil Engineering Construction Corporation (CSCEC) aka the Chinese government.

Are they going to loot their own money? I don't think so, na firing squad be that.

shugamummy:
The question still remains, why don't you allow those you have yabbed to just walk away and form their own country and run it by the terms suitable for them.
I cant seem to understand the obsession. If any part of your body gives you trouble, cut it off. Many worshippers have been saying they should be allowed to go. Why not do otoge for Igbos to leave Nigeria. Haba mana

No sane country lets itself to lose territory just like that even if the territory is a vast, useless dessert.


Moreover, it is not my job as a non-governmental actor to give you Biafra. It is the job of your senators not me so channel your statement to the right areas please

Scout60:
of course Zambia problem didn't start today...
when they are entrapping them and enjoying themselves with Chinese money, they forgot the repayment date.
Now Nigeria is heading towards that direction. Have you ever ask yourself what of if the railway system fails and Nigeria fails to repay back the loans, what will happen?

Then that means Nigeria is ready to remain stagnant forever. Politics aside, this government is serious about infrastructural development (although it has failed in many areas). I don't see Nigeria failing to pay back and honestly, we need to learn how to be optimistic sometimes.

Guestlander:
This is funny, this is one of the reasons Nigeria is poor. The world bank and the IMF got their money back many times over leaving us with less money to develop and build necessary infrastructure.

Not only that, do you know how much Nigeria parted with to settle the "debt forgiveness" you are talking about.
On top of that Nigeria lost more than 30 billion to the world Bank and the IMF with nothing to show for it. No trains, no electricity, few standard roads and barely functional airports.

The Chinese cannot take the railway back to china even if they eventually take it over. There are foreign companies already operating in Nigeria today that take their profit back to their home countries.
What do you have to say about this?

Why do we like to fool ourselves in this part of the world?! Last year or so, the Swiss government returned this SAME amount of money as Abacha's loot, but it was shared to cronies and proxies in the name of "poorest of the poor". Did they remember that we have a railway to develop?!

Sunnyja:
Why do we like to fool ourselves in this part of the world?! Last year or so, the Swiss government returned this SAME amount of money as Abacha's loot, but it was shared to cronies and proxies in the name of "poorest of the poor". Did they remember that we have a railway to develop?!

Nigeria is very wasteful, we shouldn't be borrowing to build infrastructure in the first place.

Rossikki:
It's their colonial mentality that is disturbing them, plus US anti-China propaganda on Youtube influencing them.

IMF and World Bank gave them billions with nothing to show for it, while installing/supporting puppet pro-western regimes in Nigeria.

China is giving them loans with tangible results we can see on the ground around us from roads to various railway projects to airports to dams and factories, and are apolitical, with no interest in influencing our politics, but China are the 'enemy' who want to 'colonise our country', while the USA, UK and co are our 'friends' and 'partners'.

Stupid upside down thinkers.

We have a lot of them, especially those who claim US gave us freedom to use facebook and their other social media apps freely.

The annoying thing of all these is that I'm yet to see one accusation the west has laid on China that they're not complicit of.

Soon lagos will fall and so with yoruba

abduljabbar4:
Then that means Nigeria is ready to remain stagnant forever. Politics aside, this government is serious about infrastructural development (although it has failed in many areas). I don't see Nigeria failing to pay back and honestly, we need to learn how to be optimistic sometimes.

in Nigeria, optimistic no.....
no be today government should seriousness in one thing and still fail in it. That loan is dangerous for me considering our politicians I don't care attitude. Those guys fit collide with contractors the money will be lost.

amcon take over politicians properties because they don't pay up, what will happen when the property is not even theirs personally

Amaechi in the process of trying to be intelligent has shown us how stupid and foolish he is, can u see the end of his statement, it clearly contradicts everything he said earlier, "The Chinese would them take back their assets" the assets he's talking about are d assets or collateral Nigeria listed as the things China can use to retrieve back their money if it goes south, the best thing Amaechi should do but I know he wouldn't do it is to release the assets listed in the immunity clause, I think that's the role of the NASS to do, they need to probe and see the assets it listed as collaterals u may just be surprised "NNPC, PHCN were all listed as collaterals!

E go make sense if china take every thing that was built with that money or make all the yorubas work for them without payment

RichBoy247:
Na China born you? You want loan withour collatera? Go UBA go collect nah.

Obuko yemetu
so if UBA borrow you money they collect your wife or mother??