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Nairaland Forum / Nairaland / General / Politics / China Plans To Scam Nigeria - Max Amuchie (34178 Views)
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Re: China Plans To Scam Nigeria - Max Amuchie by DedeNkem: 1:10am On Apr 15, 2016 |
jpphilips: What has that got to do with anything? You dumb f*uck! |
Re: China Plans To Scam Nigeria - Max Amuchie by teezarmanni: 1:12am On Apr 15, 2016 |
Goke7:he has a point,he is not to profer the solution cause he is just a civilian he is only enlightening people like you who don't learn and reason 1 Like |
Re: China Plans To Scam Nigeria - Max Amuchie by wasd4luv(m): 1:45am On Apr 15, 2016 |
Leaders are always thinking differently... When we are all crying about high rates of USD and BPD A proactive leader shifted base and signed currency swap deal with China on using Yuan for direct trades . Think of it this way, Since all goods are made in China..why not buy from source using Yuan at N30 to 1Yuan instead of USD and Bpd. Tell me about good leadership and I will tell you about my President Muhammadu Buhari an Economist. 1 Like |
Re: China Plans To Scam Nigeria - Max Amuchie by RexTramadol1: 2:43am On Apr 15, 2016 |
With the way APC is still ruling Naija God will still have to tell them "Let my people GO" |
Re: China Plans To Scam Nigeria - Max Amuchie by jpphilips(m): 4:39am On Apr 15, 2016 |
Krismart: Do you realize why your government is borrowing? |
Re: China Plans To Scam Nigeria - Max Amuchie by jpphilips(m): 4:47am On Apr 15, 2016 |
Chukzyfcb: I doubt if you know why your government restricted forex in the first place. Most of you spend more time criticizing what you dont understand than learning. |
Re: China Plans To Scam Nigeria - Max Amuchie by jpphilips(m): 5:08am On Apr 15, 2016 |
Dpearlz: You made some valid points, China will still assist you in infrastructure development against all odds, the reason is simple, it is a gain-gain situation for the Chinese since your government is offering a PPP. It means the Chinese will "own" the infrastructure for a while till they recoup their investment plus profit. That was how your NLNG was built, do you regret having an NLNG that rakes in over $1.3b annually for the government? Do you regret working for NLNG, one of the best jobs in Nigeria? If NLNG is a good thing then yes, the government did the right thing. 2 Likes |
Re: China Plans To Scam Nigeria - Max Amuchie by jeak123(m): 6:57am On Apr 15, 2016 |
Wake up Nigeria. Did everybody read the write up before commenting. We need consider the far reaching effect of an agreement of this magnitude. China has its FR in dollars and we are going to keep a part of our reserves in Yuan and we think it is an intelligent move. They are bound to win and we are bound to lose. Every part of the agreement favors China. The money will not be handed over to Nigeria only goods and services to the tune of 2 billion dollars. Interesting isn't it? What are we getting fake and worthless projects that has no direct bearing on the suffering of Nigerians. This calls to mind the rail project executed by previous govt. Where did it leave us? China sold to us trains that date back to1945 in this present day and time. Is it the same type of technology they intend bringing into the country. Let it be known that China has never been an answer to any country's woes. The president should sit down with his think tank group and fashion out a new way of moving this country forward. Cut down leakages from the economy and embolden his drive for corruption free economy. Not going cap in hand begging for handouts that will enslave Nigerians. God help our leaders! |
Re: China Plans To Scam Nigeria - Max Amuchie by billyG(m): 7:02am On Apr 15, 2016 |
Chukzyfcb:we dnt hav much pound & euro in d Reserve as much as $?so much pressure on d little may b CBN wnt 2 discourge pple with high exchange rate. |
Re: China Plans To Scam Nigeria - Max Amuchie by billyG(m): 7:17am On Apr 15, 2016 |
megama:It is better 4 chinese 2 come & built infracstructures & collect d money direct frm d source than 4 corrupt 9jeria officials to hav access 2 d money we hav not finish with Dasuki gate yet. |
Re: China Plans To Scam Nigeria - Max Amuchie by Alanzazani: 7:40am On Apr 15, 2016 |
I have a problem with the Chinese they always comprise standards. My organisation embarked on a project worth half a billion naira with the Chinese these guys refused to transfer the technical know how to us. Language was a serious barrier and they feel u are drawing them back when u trying to understand what they are doing. After less than a year, the project has started falling apart and we are struggling to keep it going. They will come and take our jobs, no Nigerian engineer was involved in this project, they just used Nigerians as menial workers, breakig , digging, packing and so on so there was no transfer of knowledge. They rushed the job and rushed out leaving us with problems. I am very skeptical about them |
Re: China Plans To Scam Nigeria - Max Amuchie by Jesusloveyou: 8:28am On Apr 15, 2016 |
Csami:so they dont take loan in true federalism, mumu full everywhere sha |
Re: China Plans To Scam Nigeria - Max Amuchie by DealMogul(m): 8:35am On Apr 15, 2016 |
portside: The only thing that has being "enlightened" here is your un-informed thought process, bruh You just read a piece full of conjectures, suppositions and baseless assumptions, yet they're facts to you? Starting a debate with your likes would be a borefest |
Re: China Plans To Scam Nigeria - Max Amuchie by jpphilips(m): 8:51am On Apr 15, 2016 |
dabossman: Nigerians want the best deal from a disadvantaged point as if China's leaders are stvpid, same China that Donald Trump has been harping that the bilateral trade agreement they have is more in China's favour, Nigerians expect China to become stvpid overnight, funny people!! |
Re: China Plans To Scam Nigeria - Max Amuchie by Goke7: 8:57am On Apr 15, 2016 |
teezarmanni: If he can't profer solution, I insist he has no point, i refuse to join your wagon of complainants, i have moved on |
Re: China Plans To Scam Nigeria - Max Amuchie by Chukzyfcb(m): 9:46am On Apr 15, 2016 |
jpphilips:It seems you know get the drift. Forex controls was imposed coz of the high demand & low supply. If majority of the goods are from china here in 9ja, it means we will potentially have a high demand for the yuan. Now how much is in the reserves to feed our appetite? I believe not so much. So what happens? Forex control applies, to allocate the scarce currency. Or do you suggest that Importers and other individuals will get the yuan as easy as they want and at the Official price? If yes, wake up! |
Re: China Plans To Scam Nigeria - Max Amuchie by Csami(m): 10:18am On Apr 15, 2016 |
Jesusloveyou: Which of your family member is the mumu? Your father? |
Re: China Plans To Scam Nigeria - Max Amuchie by dabossman(m): 11:09am On Apr 15, 2016 |
Alanzazani: Did you guys consider learning Chinese before bringing them in? Nobody is going to transfer their technical know how to you just like that. You have to be smart. Look, listen and learn. How do you think the Japanese and the Chinese learnt from western technology? They select their brightest brains and teach them languages necessary for them to learn quietly. I recently saw a video of a Chines guy speaking Hausa on a plane. That's how they roll. |
Re: China Plans To Scam Nigeria - Max Amuchie by jpphilips(m): 2:16pm On Apr 15, 2016 |
Chukzyfcb: You are preempting the process, first ,we had low oil price which means low foreign reserve in $$, now, we identified most of our needs coming from a country whose currency is weaker than dollars (china). It doesn't stop us from earning dollars and for us to trade with China, some of our dollar component will be converted to Yuan so all the trade going to China will be transacted in Yuan while others will still be $$. It is a paradigm shift from what we used to do before where we pressurize our FXR to support Chinese trade in $$. About your restrictions, moving from dollars to yuan means more FXR so the restrictions will not apply for now, except like you said, if more people join the import struggle, to be honest, you will never know till the process kick starts, again, the government is claiming that Nigeria will become the Yuan clearing house for Africa, meaning they have more than enough to go round, I doubt that part though, in all, you will never know how it is gonna play out in the end. |
Re: China Plans To Scam Nigeria - Max Amuchie by jpphilips(m): 2:24pm On Apr 15, 2016 |
Alanzazani: You just spoke like a typical Nigerian, sit at home, spread your legs then wait for technology, knowledge and skill to fall on your laps, are you kidding me? There is no Chinese technology today that is not a clone, none!! they ran an advanced spy network, sending smart citizens to higher institutions and corporations to steal the technology, is that what you expect them to dash you? You go old dey wait. Your oil and gas industry is awash with American and European technology, how many have you gotten? you are smart enough to know that sleeping does not pay 1 Like |
Re: China Plans To Scam Nigeria - Max Amuchie by Simuel: 3:14pm On Apr 15, 2016 |
IT IS FUNNY,CHINA WANT TO LEND OR NIGERIA WANT TO BORROW? |
Re: China Plans To Scam Nigeria - Max Amuchie by NigeriaNigeria: 4:37am On Apr 17, 2016 |
Oma307: The positive side is that China gave Buhari $6bn in investment in factories and manufacturing plants to provide employments to our unemployed people in Nigeria. |
Re: China Plans To Scam Nigeria - Max Amuchie by deluxez12(m): 7:47am On Apr 17, 2016 |
NigeriaNigeria:I thought the President recovered billions of dollars from looters and he saved allota money from the TSA account, so why he's going to China to borrow money? or he just taking us for a ride |
Re: China Plans To Scam Nigeria - Max Amuchie by jpphilips(m): 9:23am On Apr 17, 2016 |
deluxez12: How many looters have been convicted so far? |
Re: China Plans To Scam Nigeria - Max Amuchie by 2sexyus: 12:46pm On Apr 17, 2016 |
jpphilips:meaning? |
Re: China Plans To Scam Nigeria - Max Amuchie by jpphilips(m): 11:08am On Apr 18, 2016 |
Re: China Plans To Scam Nigeria - Max Amuchie by Alanzazani: 2:21am On May 17, 2016 |
jpphilips: And u just spoke like a reta.rd. This is a facility we operate everyday do u think it is operated by the Chinese or we Nigerians. Do u know a project they built worth half a billion naira is already falling apart and we keep altering their design to keep it running. If u are fond of spreading ur legs and talking nonsense I am out on the field bursting my arse on the job everyday so don't u come sermonising me on nairaland nonsense |
Re: China Plans To Scam Nigeria - Max Amuchie by jpphilips(m): 11:19am On May 17, 2016 |
Alanzazani: You operate abi? tell us what you operate, because they are using you to turn valves and do petty maintainance you think you operate anything? look at this mofo. tell us what you operate and I will ask you questions based on the technology that support it. Oil and gas maintenance is all about remove and replace, the least control device in the field a valve, do you have a valve producing company in Nigeria? so what exactly do you operate that you have a clue about its technology? ordinary drill bit, compressor, pneumatic control systems, pressure relief valves, detectors just mention it, do you have a single manufacturer in Nigeria? You are doing Boi boi for the tech owners you are here talking rubbish, go and hide, the day you will send a PO to a Nigerian company to send you a made in Nigeria compressor, then you know you have arrived. Go to a US or italian oil field and check all the components if they are not all made in their home countries, what do you even know? Look at this guy. |
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