Signing a contract with China is like, ascribing to the boiling frog effect; a fable describing a frog being boiled alive slowly. If you drop a frog suddenly into boiling water, it will jump out, but if you put that same frog in a vessel of water and start heating the water gradually, it will adjust its body temperature accordingly until it reaches a stage beyond its capacity and dies foolishly.

It’s rather pathetic how China is re-colonizing Africa by appealing to the ignorance and selfish interests of our leaders. Today, the Chinese are offering mouthwatering deals to Africa, both in cash transactions and the outmoded or rather defunct barter trade which seem very attractive on the outlook but dangerous in reality.

The Zambian government contracted the Chinese, lazy-thought and glossed over details thinking they were granting consent to gernuine terms but the whole thing just morphed into modern day colonialism. China is now proposing to take over the Kenneth Kaunda International Airport should Zambia Government fail to pay back its huge foreign debt on time. The issue of whether Zambia posses the required economic muscle to repay that debt is in contention considering the amount involved. It’s typical of the Chinese strategy.

That moreover is not the only thing Zambian suffered from China; the Chinese own 60% shares of the Zambian National Broadcasting corporation which means, Chinese have an influence over what should or should not be premiered on their sets.

Ghana is equally towing same lane as our leaders have started signing contracts already; Chinese owned company, STARTIME is gradually gaining grounds over our major institutions, our biggest mining companies will soon be “taken” over by a Chinese company and many others. Now if this is not modern day slavery, what then is it? The 21stcentury African slave is never in chain; we are in debt caused by the ignorance or selfish interests of our leaders. Pathetic!

Source: https://www.cadtm.org/China-to-take-over-Zambian-international-Airport-for-debt-repayment-default#:~:text=China%20is%20now%20proposing%20to,typical%20of%20the%20Chinese%20strategy

We are our own problem!!

We re-elect past tyranny into office and we xpct them to do good, have you ever heard/seen a leopard change it's spot

Can we ever change and do what's right?

Nigeria's wake up and speak!

I don't see Nigeria defaulting like Zambia

BabaOwen:
I don't see Nigeria defaulting like Zambia

What makes you think so?? �

Africa for sale

after taking over ZESCO, umuaka ala Zambia na iyi.

The sense of entitlement in Africa is overwhelming. Are the Chinese owing you some favors? You need a loan, the terms of the loan was expressly stated and you consented to it.

Now, you feel entitled to some kindness after defaulting on the terms of the initial agreement. One of the ways China can recover her money is by taking over the infrastructure her money were spent on. China is not running a charity.

If you don't like the taste of China's food, keep your gluttonous mouth away from it.

Mc4larin:


What makes you think so?? �

What makes you think we will default?

Very pathetic. Obasanjo and iweala cleared all our debts when they held sway. Today the debt level has grown back

Lagos are always taking loans from china to buy latest. Cars every year

BabaOwen:
I don't see Nigeria defaulting like Zambia

The seer


Prophet Of Nigeria

Omniseer

Eyes of the gods...


I Greet u


I wish Nigeria will default and China will be like...


We will take The Hausa and Yoruba lands...

We don't want the igbos... We don't like them..
They should go their way... Nobody likes them

😀😀😀😀😀 That has been China's main reason for inventing corona virus.. seems Nigeria is next na..

BabaOwen:
I don't see Nigeria defaulting like Zambia

How can we default when the government plans to tax us 10% of total air breathed per day?.

If you borrow money from a Nigerian bank, you put down a collatera. If you don't pay up, the bank takes over the collatera. If you borrow money to buy an infrastructure from China, if you refuse to pay back, I think China deserves to take over the infrastructure.

If however you as a Nigerian has another alternative, I think you should bring itto the table. The Sukuk fund that Buhari borrowed at zero interest and no collatera the other time, you people said Buhari and the Arab world want to Islamize Nigeria. Now go and bring your own free fund from anywhere, we will take it, thank you and pray for you just as we are doing for Abacha that has been sending us money from Central Bank of Hell Fire.

BabaOwen:
What makes you think we will default?

The insincerity on the part of our government is a big issue that'd lead to defaulting

RichBoy247:
If you borrow money from a Nigerian bank, you put down a collatera. If you don't pay up, the bank takes over the collatera. If you borrow money to buy an infrastructure from China, if you refuse to pay back, I think China deserves to take over the infrastructure.

If however you as a Nigerian has another alternative, I think you should bring itto the table. The Sukuk fund that Buhari borrowed at zero interest and no collatera the other time, you people said Buhari and the Arab world want to Islamize Nigeria. Now go and bring your own free fund from anywhere, we will take it, thank you and pray for you just as we are doing for Abacha that has been sending us money from Central Bank of Hell Fire.

The question is; what have they done with the Sukuk bond?

Good for Zambian, "no rest and pride for a debtor".
Nigerians or should I say south west see your future in a simple post.
After una go talk say North no get sense, "never underestimate the power of silence or that of a man that appears foolish"

Mc4larin:


The question is; what have they done with the Sukuk bond?

Several roads were built or rehabilitated with the Sukuk bond. Check the internet for some of the Sukuk bond funded roads across Nigeria.

Bkayyy:
Good for Zambian, "no rest and pride for a debtor".
Nigerians or should I say south west see your future in a simple post.
After una go talk say North no get sense, "never underestimate the power of silence or that of a man that appears foolish"

This sayings should be a lesson for your Flattino chest beaters.

RichBoy247:


This sayings should be a lesson for your Flattino chest beaters.

Please I hate quarreling with simpletons and worse, exchanging words with ignoramus.
I'll simply ignore you if you prove to be one of the above.
Let's be logical, which region appears foolish in the eyes of an average Nigerian?
Which region appears unbothered in the regional bragging in Nigeria?
Which region rarely brings out her cities for comparison in Nigeria?
Which region will gladly accept the poverty tag imposed by others and still collect monetary compensation for it?

China are currently abusing their position of World leader..

They have been stepping on so many toes these days.

China should be careful, I repeat China becareful

helinues:
China are currently abusing their position of World leader..

They have been stepping on so many toes these days.

China should be careful, I repeat China becareful

US can checkmate them any day anytime.
If US wants China in their knees tomorrow, they'll just have to rescind some of the conditions of surrender of the Japanese and watch China and North Korea beg again

Bkayyy:

US can checkmate them any day anytime.
If US wants China in their knees tomorrow, they'll just have to rescind some of the conditions of surrender of the Japanese and watch China and North Korea beg again

China are picking fight with almost every country... From Hong Kong to Taiwan to USA, UK...

Here in Nigeria, FG recently arrested some Chinese illegal miners across the country.. Those are detectable... They are not only abusing it in Nigeria but other part of Africa countries.

In their back yard, their neighbors are fuming the way China is dictating while in the West same...

They should tread carefully

helinues:


China are picking fight with almost every country... From Hong Kong to Taiwan to USA, UK...

Here in Nigeria, FG recently arrested some Chinese illegal miners across the country.. Those are detectable... They are not only abusing it in Nigeria but other part of Africa countries.

In their back yard, their neighbors are fuming the way China is dictating while in the West same...

They should thread carefully

I hope you are aware that two of the terms of surrender for the Japanese is to never have a military and denounce the right to declare or participate in war for eternity.

The Chinese biggest bully in their history is the Japanese, and after them being tamed by the US, they now show the world their wickedness and the reason why Japan never gave them chance

Bkayyy:

I hope you are aware that two of terms of surrender for the Japanese is to never have a military and denounce the right to declare or participate in war for eternity.

The arrest of Jimmy Lai, postponement of Hong reps election, telling Taiwan what to do or not?

Renegation loading

helinues:


The arrest of Jimmy Lai, postponement of Hong reps election, telling Taiwan what to do or not?

Renegation loading

They are scared of disintegration. They see it as American tool of war because it was used against Soviet Union

if their so called colonialism will allow me to live my best life here in Nigeria then abeg make dem do fast colonize us, what do we have so far to show off over the years from our BS leaders.

Bkayyy:

I hope you are aware that two of the terms of surrender for the Japanese is to never have a military and denounce the right to declare or participate in war for eternity.

Yeah but Japan still has a well trained army. Under the name Self defense force.
They don't participate in any wars, but that doesn't mean they can't in the future.

China is doing well, it is the baboons we have as African leaders that are the problem.