ORIENTATION101:
you re the dunce here just like fool that is misleading u with the useless tweet u are carrying everywhere.

abacha loot was released to Nigeria by Switzerland in one condition that the money should be the shared the poor .so idiots like you masturbating on this should make research before coming out to tell the whole world how foolish you re

gurnam post=70974834 :


It’s actually the Yorubas that have been providing good opposition to the President.
They just don’t do it the foolish confusing ways you are doing it, you own reason for criticizing PMB is completely different from the reason yorubas are doing it

Sharpshooota:


Blah blah blah ... Lying machinery
Rubbish.... Talking from all sides of the mouth
God punish all terrorists and their supporters

Sharpshooota:


Yoruba Muslims opposing Buhari
Tell me something

knowledgeable:


My brother, Igbos are blessed uniquely....they lead in Education, well travelled(importing & exporting all around the world), and this is no chest beating bro.

Now to get back to the point. All this global institutional recognized extraordinary woman was trying to educate you fools is to think strategically and to understand aspect of Chinese loans that might not be too pleasant because she has first hand experience. It doesn't come across to me that she is defending the bretten wood institution , but rather comparing attributes between Chinese loans/Western loans. Every African including elites like her in Africa understand, Africa may be entering into her golden age because of China involvement in Africa including how they package their loans in Africa........and yet debt burden that may finally strangle Africa may just be behind the horizon. This is not a good time in Africa to talk tribal politics(especially Igbo/Yoruba) because you've approach a cross road.

taguafuo:
Olakunle does not know how interest rates are calculated and therefore cannot be taken seriously

Sharpshooota:


Shut Up there...
Buhari is a dunce
He shared money... Only to go begging for loans in China

Who does that except a dullard

jomoh:


No one is a fool here and they recognize the fact that one has to be weary of the Chinese loan but here are the real point the guy made to counter your Aunty you’re so much willing to lick her behind.

1. The only pitfall with Chinese loans is when you’re unable to pay back they takeover the project as their own(has happened in some other African countries) however, the infrastructure has been put in place and they won’t remove it.

2. The West don’t care if you use the loan for the purpose it is meant for. They don’t care if the money is embezzled or not. That is why they keep giving loans to corrupt regime of GEJ because they more you embezzle the more you’re unable to pay and the more enslaved you become.

3. The Chinese don’t deal with thieves, they put their money where their mouth is and make sure the loans are used for the purpose they’re meant for.

4. This is the most dangerous part of the western loan. The Chinese don’t require the government to retrench its civil Servants when they default or are unable to pay up. The West on the other hand as part of its loan conditions will require the government to retrench Ita civil servants.

The bottom line is that, everyone recognize that China is not Santa Claus but their intention is far more genuine and open than the west’s. Even the west recognize this and they fear China taking over but with lesser or no intention to enslave that is why they’ve being in a panick mode since the China-Africa summit.

They know their milking cows are about to be set free. If not when was the last time a British PM or a German chancellor or French President visited Africa let alone in the same year.

Unfortunately for them and fortunately for Africa, their leader(the US) is under the leadership of a mad man.

jomoh:
Former World bank economist and Vice President in Africa, Obi ezekwesili got schooled on Twitter today.




Lalasticlala

Sirjamo:
I know that Dr Oby knew that Chinese loans are far better than that of the IMF and World Bank, she was just looking for a way to discredit the Buhari government. Typical Igbo

mycar:
The guy is wrong. When you are repaying a loan, the interest you pay is that of the balance and not that of the original principal.
The guy is into elementary mathematics.
Anyways, i've got a better thing to do with my time. I don't support collecting of loans, like oby said, we need to copy what China did to transform their economy.
Anything contrary shall be ignored too.

Sirjamo:
I know that Dr Oby knew that Chinese loans are far better than that of the IMF and World Bank, she was just looking for a way to discredit the Buhari government. Typical Igbo

Almaiga:
This is how they behave Online, they discredit every good thing Buhari does. This woman has been wailing since Baba refused to appoint her in his administration.
With her big mouth like Trailer tire, that serves her right.

Obi Ekwesele and IPOB right now.

centoke30:

She gave the guy what he needed which was silence after making her point. silence is the best answer for a fool and you don't expect her to banter words with him

knowledgeable:


My brother, Igbos are blessed uniquely....they lead in Education, well travelled(importing & exporting all around the world), and this is no chest beating bro.

Now to get back to the point. All this global institutional recognized extraordinary woman was trying to educate you fools is to think strategically and to understand aspect of Chinese loans that might not be too pleasant because she has first hand experience. It doesn't come across to me that she is defending the bretten wood institution , but rather comparing attributes between Chinese loans/Western loans. Every African including elites like her in Africa understand, Africa may be entering into her golden age because of China involvement in Africa including how they package their loans in Africa........and yet debt burden that may finally strangle Africa may just be behind the horizon. This is not a good time in Africa to talk tribal politics(especially Igbo/Yoruba) because you've approach a cross road.

deomelo:
Oby is basically a twitter troll and just like the other trolls and anti Nigerian elements, they always come up with ignorant rubbish and misinformation to justify their trolling ways with and to satisfy her troll followers.


God Bless that young man for lecturing that twitter troll.

centoke30:

She gave the guy what he needed which was silence after making her point. silence is the best answer for a fool and you don't expect her to banter words with him

SarcasticGenius:


I'm sorry but both the young man and his supporters are missing the point entirely. IMF loans at interest rates of 0.75 with conditionalities of cutting down overbloated bureaucracy is much better than the Chinese loan of 3% interest rate with absolutely no strings attached.

Mr Somoye and his boot lickers also overlooked the fact that one of the key conditionalities of IMF loans is that you must account for how you spend it otherwise they won't give you anymore loans.

The Chinese are giving loans WITHOUT ANY CONDITIONS to our leaders and instead of being worried about this flagrant disregard for public accountability we are busy rubbishing the only person in the country who is speaking the truth.

You guys will suffer in the long run, mark my words.

mycar:
The guy is wrong. When you are repaying a loan, the interest you pay is that of the balance and not that of the original principal.
The guy is into elementary mathematics.
Anyways, i've got a better thing to do with my time. I don't support collecting of loans, like oby said, we need to copy what China did to transform their economy.
Anything contrary shall be ignored too.

meccuno:
leave them oh....they think the chinese would dash you money? maybe when the full details about the conditions attached to these loans by the chinese comes out then we would know who schooled who. these people most times think that when you speak queens english and throw around figures means you are smart and intelligent.

SarcasticGenius:


I'm sorry but both the young man and his supporters are missing the point entirely. IMF loans at interest rates of 0.75 with conditionalities of cutting down overbloated bureaucracy is much better than the Chinese loan of 3% interest rate with absolutely no strings attached.

Mr Somoye and his boot lickers also overlooked the fact that one of the key conditionalities of IMF loans is that you must account for how you spend it otherwise they won't give you anymore loans.

The Chinese are giving loans WITHOUT ANY CONDITIONS to our leaders and instead of being worried about this flagrant disregard for public accountability we are busy rubbishing the only person in the country who is speaking the truth.

You guys will suffer in the long run, mark my words.

T051N:
.. I don't know much about finance but what I know is this, The IMF we've been borrowing from, Please to what end? To borrow us 5Naira and collect 50,000 as interest.? America and the whole of Europe are just giving us packaged format and scamming us.Lets not even start to compare economies. America's glorified i-phone is made where?