₦airaland Forum

hargbolahan01:
when westerners were shouting about this chinese loans..we thought they are ranting
but any sensible person after reading little terms and condition of the loan will be worried.

how can you construct project of over $1.6B and don't allow local firm to supply raw material and you allow them import it themselves without Nigeria firm getting their own share.... let's not even talk of sovereignty now

When the Chinese give loans, whatever the loan is meant for, like infrastructure or equipment etc, they must be the ones to do the project. They will use their companies, use they equipment, use their workers, import all they need from China. There is no way you can tell me that some of these projects are not be used by the Chinese govt for political advantage. All those trains could be easily have been bugged by the Chinese to have real-time monitoring of our cities, and those infrastructure could have been compromised for any eventuality in case they later have a fall out with the 9ja govt and become enemies in future. But the 9ja govt is too daft. Money wey dem go chop don make them mortgage d country to a very, very cunning and deadly outsider State. Just look at how China oppresses all their neighboring Asia countries and you will understand how ruthless the Chinese govt can be. Yet this useless govt continue putting Nigeria under Chinese bondage chains

jrusky:
SS una see una Lion of Ubima the SS General overseer of Bastards don deliberately put SS in d picture to attract sympathy as if he had discussion with SS before he went to signed the dead end contract but want to turn the game Regional and Ethnic matter to escape his crime.

I told una Amaechi is damage control human very toxic to humanity but una dey call him Jagaban of SS. So na SS he go collect killer loan for? Anyway na him and his region China will acquire when they come for their money.

keep quite it is obvious you did not even read the news you just read headline and come hear to rant your anger

E be like say all of una dey mad.

It's now that you people know that amaechi is borrowing money?
After he has finished building some.

You better build the one for the south south too and then let all of us start waiting for China.

Don't stop halfway.

Openbusiness:
When the Chinese give loans, whatever the loan is meant for, like infrastructure or equipment etc, they must be the ones to do the project. They will use their companies, use they equipment, use their workers, import all they need from China. There is no way you can tell me that some of these projects are not be used by the Chinese govt for political advantage. All those trains could be easily have been bugged by the Chinese to have real-time monitoring of our cities, and those infrastructure could have been compromised for any eventuality in case they later have a fall out with the 9ja govt and become enemies in future. But the 9ja govt is too daft. Money wey dem go chop don make them mortgage d country to a very, very cunning and deadly outsider State. Just look at how China oppresses all their neighboring Asia countries and you will understand how ruthless the Chinese govt can be. Yet this useless govt continue putting Nigeria under Chinese bondage chains

what do you have in your city that they want to monitor, USA dey talk about monitoring you self for naija dey talk, wait let me ask you what do you have that they want to spy on?

las las Chincong will come and take over the South- South and the South- East.
All planned by Ameachi and Bubu.

Amaechi and his goons of zombies should answer these questions;
*Was there any open bidding process to ascertain who wins the contracts
*Why is it that all loans gotten from China,its Chinese firms that end up building the projects
*Have we taken time to ascertain the quality of works done by Chinese firms(Railway terminal as at now is leaking
*Why is it that its Chinese that are still driving trains,and coordinating operations
*Have you ascertain if the engineers from China are truly qualified
*Have you verified to ensure that Nigerian workers are well paid and not abused
*****Our romance for China is destroying our Local content and those people are not readily and willing to transfer their technology
IT IS WELL

Turningmoon:
Amaechi personally has ulterior motives in this whole thing.

Foolish talk

Amechi you are playing smart.
so China won't give you funds for a contract signed 2016 because the Senate is probing loan contract's this year 2020 ? why hasn't it been approved since ?
When your people in the SS ask why you built railways everywhere but not in your region tell them that the Senate blocked it -exactly what you crucified gej for.

on a more serious note,tye Senate better investigate those loans before we loss important assets to the chinese

SIONKPO1:
Amaechi and his goons of zombies should answer these questions;
*Was there any open bidding process to ascertain who wins the contracts
*Why is it that all loans gotten from China,its Chinese firms that end up building the projects
*Have we taken time to ascertain the quality of works done by Chinese firms(Railway terminal as at now is leaking
*Why is it that its Chinese that are still driving trains,and coordinating operations
*Have you ascertain if the engineers from China are truly qualified
*Have you verified to ensure that Nigerian workers are well paid and not abused
*****Our romance for China is destroying our Local content and those people are not readily and willing to transfer their technology
IT IS WELL

for you to get Chinese loans , you would mostly front Chinese contractors for the project (Chinese contractors -which are under China government control -would facilitate the loan ) .Also China allows misappropriation of such loans (for instance the can give Nigeria a loan to build a rail across the Sahara desert ) as long as we front assets the can seize if we default (which always happens)

I watched the show of shame yesterday. Ossai is over stepping his bounds, sounds unintelligent, power drunk and just trying to raise dust unnecessarily. Abuja dey totori the guy sense.

eduj:
for you to get Chinese loans , you would mostly front Chinese contractors for the project (Chinese contractors -which are under China government control -would facilitate the loan ) .Also China allows misappropriation of such loans (for instance the can give Nigeria a loan to build a rail across the Sahara desert ) as long as we front assets the can seize if we default (which always happens)

Lots of Substandard jobs that can't stand the taste of time,and them not carrying our indigenous skilled engineers along is killing the engineering profession here

Are you insane or something? Comparing $500m to $33b. You must be sick!

post=92944384:
The children of hate, frustration and perdition will never ever see this in their entire lives, cos they have been blinded by hate for our darling country.
And if they get to see this comment, that Jona borrowed most part of this loan from China.
They will go blind and mute without quoting as usual.

Number one characteristics of wailers : HYPOCRISY,
Number two is LYING!

SANE, HONEST AND HARDWORKING NIGERIANS, here you have the truth in details..........

Cc SimplyLeo, Omenka, Thatfairguy, NgPatriot, Fredoooooo, and all sane Nairalanders.

THE LOAN HE’S TALKING ABOUT — THE KADUNA-ABUJA RAILWAY — WAS SIGNED BY THE PRESIDENT GOODLUCK JONATHAN GOVERNMENT.

“DON’T FORGET THAT WE TOLD THE WHOLE WORLD WHEN COMMISSIONING THAT PROJECT, THAT SOME PERCENT OF THAT PROJECT WAS EXECUTED BY PRESIDENT GOODLUCK JONATHAN’S GOVERNMENT.

“THE LOAN WAS TAKEN BY PRESIDENT GOODLUCK JONATHAN’S GOVERNMENT, AND FOR THAT REASON WE HAD TO NAME THE TRAIN STATION AND INFRASTRUCTURE IN AGBOR AFTER PRESIDENT GOODLUCK JONATHAN’S GOVERNMENT FOR THAT LAUDABLE ACHIEVEMENT.”........... Minister of Transportation..... Amaechi

What ever amechi touch Turn to trash.this guys don't care about naija,but they pocket alone.

Amaechi is a crook

SocialJustice:
I watched the show of shame yesterday. Ossai is over stepping his bounds, sounds unintelligent, power drunk and just trying to raise dust unnecessarily. Abuja dey totori the guy sense.

You don't know what is happening,most of those so called Chinese professionals are not professional in their country and the Chinese companies hardly hire Nigerian professionals(engineers) and lastly they mostly don't have medical personnel at site compared to how JB runs its contracts

IamWonderful:
Ameachi is benefiting immensely from the borrowing.

The Chinese are probably building a mansion for him somewhere in Nigeria. I learn thats one of their mode of operation in Africa. They reward government officials for playing along with their interests. Slavery has not end in Africa. See this one that call himself a minister telling senate not to investigate loan agreement because the creditor may back out. Imagine that. As if China is giving out the loan as a gift. This man must be getting a big cut from these loans. Is he serving Nigeria's interests or the interests of China?

Kleptomaniac govt of self serving thieves, by thieves, for brainless zombies!

https://www.youtube.com/watch?v=4uwG3_Z6lHI

Here is the moment Amaechi warned that the South-South might loose the calabar rail project if the probe continues.

Amechi for president/

All criminals. The entire loan scheme is a hoax and plot to divert funds leaving the nation in untold debt. All stakeholders are criminals. No financial accountability and probity within the project management team. Amaechi is grossly incompetent.

DEROX:
at least we use it for good projects even a sea port was just opened

and taken over by the Chinese because we can't pay and there are hidden content in the contract we don't know of, what is the essence.

AMEACHI SHOULD BE TOLD THAT RAILWAYS AND TRAINS IS NOT WHAT SOUTH SOUTH IS DAY DREAMING ABOUT !

What happened to the OGONI CLEAN UP

What happened to the Export Processing Zones Project in Forcados and the Gas City Project.

It is wrong for the north to force the south to have railways just because they want it.

They should discuss with the people of the south south and find out what their developmental goals and dreams are.

The easiest way out of it is to continue those projects that Buhari inherited from the Jonathan administration that Buhari bluntly ignored since his government came on board.

IT IS WRONG TO THINK THAT SINCE NORTHERN NIGERIA STRONGLY DESIRE RAILWAY LINES AND TRAINS THEN THAT IS THE DESIRE OF THE SOUTHERN PART OF NIGERIA.

I am not saying that it is wrong to have railway lines built in the south.

I am only saying that it is not a DO OR DIE MATTER as far as the southern part of Nigeria is concerned.

There are other developmental strides like making the seaport works, building factories etc that southern Nigeria should be aiming at

This is high level politics at play, if u don't know what to say pls shut ur mouth

The ossai guy obviously have something personal to advance. The 33 billion dollars is the sum of money required to construct lagos to calabar, portharcourt to maiduguri, itakpe to Abuja, Kano to daura to leila a border town in Niger Republic. Ameachi should be commended because Hon ossai is only playing to the gallery for personal and political gains.

SIONKPO1:
You don't know what is happening,most of those so called Chinese professionals are not professional in their country and the Chinese companies hardly hire Nigerian professionals(engineers) and lastly they mostly don't have medical personnel at site compared to how JB runs its contracts

True but that wasn't the issue. Ossai and Amaechi were doing PDP vs APC. I didn't see the entire session but Ossai was just fooling himself even starting a quarrel with his committee member. Even speaker of the house had to come in to ask for 15 minutes break.

To the issue of no experts being on ground. China is the one providing the loan to build the assets and therefore reserve the right to dictate how the project is built.

Amaechi isn't concerned about how the project is done. His business is to ensure the 10-20% of the contract sum gets to him. As baba is borrowing with 40% consultation fee, Amaechi is also borrowing with his cut. That's the reason he's panicking and asking the probes to stop as China may cancel future loans.

If na me self I go panic. 10% of $1b is $100m(N400b), that money won't even see Nigeria. It will go straight to consultant's account offshore.

I was shocked when Amaechi asked his minster of state-Gbemisola Saraki to be in charge of NIMASA completely. NIMASA is where past minsters of transport made their money. The money he's making from loans is crazy and it can not be probed by EFCC because it wasn't stolen to start with.

There are so many terrible contracts being entered by people in this government just to make money at the expense of Nigeria.

Ayemileto:

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But the way Amaechi keep saying probing the loan will prevent Nigeria from getting more loans for important projects from China, seems there are still lots of things that are yet to be uncovered.

They people telling you they are probing, do they have hood intentions? Are you sure it probe or how zo find their share? I better stick with Amaechi who I have seen his hand work in the rail sector than ossai who has been with a 16yrs party yet no show.. Pdp does not want lagos calabar rail so as not to lose supporters to PMB.. They still want to hang on to marginalization and maltreatment cries.. That what this probe tends to achieve and that is why Amaechi is shouting

SocialJustice:
True but that wasn't the issue. Ossai and Amaechi were doing PDP vs APC. I didn't see the entire session but Ossai was just fooling himself even starting a quarrel with his committee member. Even speaker of the house had to come in to ask for 15 minutes break.

.

APc executives now talks so arrogant at the Legislooters,and its very bad

pquaver:
They people telling you they are probing, do they have hood intentions? Are you sure it probe or how zo find their share? I better stick with Amaechi who I have seen his hand work in the rail sector than ossai who has been with a 16yrs party yet no show.. Pdp does not want lagos calabar rail so as not to lose supporters to PMB.. They still want to hang on to marginalization and maltreatment cries.. That what this probe tends to achieve and that is why Amaechi is shouting

Can you read what you just wrote,APC are supposed to correct the errors of the criminal PDP and not doing same or blaming PDP but now APC are terribly bad ohhh

You will not know the brevity of what is occurring or what has occurred until this dispensation is through with Nigerians by 2023. Let everyone keep calm. Perhaps it won't get worse than the realization that you've been sold off into slavery in the name of debt repayment. Since logical reasoning has failed to ensure Nigerians make the right choices for themselves and future generations unborn, perhaps servitude will do that.

No one knew how bad things were until GEJ was booted out of office. No one will know the true extent of things until these ones go. The difference is, you may not be able to salvage the situation by then. Kudos to everyone who has supported the present state of affairs up till today. My advice for anyone who has the capability? Please leave this contraption. Doesn't matter your ethnic affiliation or religious dogma (since that's what we've been reduced to), just leave this country.

The people who are borrowing these humongous sums of money on your behalf will not be here when you're forced into slavery with the aim of repayment. They'll be outside Africa with their family and proceeds of their affairs, living the dream life while you're here slaving it off. Think about that. But those supporting and opposing the government will be forced to do what they should have done ages ago as long as you're still here.

Leave this country while you still can. To be forewarned is to be foreharmed.

A word is enough for the wise.

SIONKPO1:
APc executives now talks so arrogant at the Legislooters,and its very bad

Very bad, every time they meet, they must threaten walk out. No respect for the legislature. The legislative also needs to learn to communicate without intimidation.