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Nairaland Forum / Nairaland / General / Politics / Again, FG To Borrow $50bn From China (2295 Views)
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Re: Again, FG To Borrow $50bn From China by 989900: 12:45pm On Jun 28, 2016 |
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Re: Again, FG To Borrow $50bn From China by bondingman: 1:52pm On Jun 28, 2016 |
I hope the Chinese take into consideration that its Nigeria that'll pay back the loan when Niger-delta republic and Biafra pull out of this contraption. |
Re: Again, FG To Borrow $50bn From China by veraponpo(m): 2:04pm On Jun 28, 2016 |
kernel501: You people seem to fail to know the difference between Loans and Investments. Nigeria does not want loan from China. Adeosun has already raised bond in the EU for that. What we want is Investments (FDI) from those countries into our Oil and Gas Sector. If the $50b enters, we can forget fuel scarcity, Gas problem, Electricity problem, Petrochemical Problems, Fertilizer production problem, employment problem for the teeming youths, etc. Ibe Kachukwu was talking about investments and not loans! |
Re: Again, FG To Borrow $50bn From China by freeze001(f): 2:18pm On Jun 28, 2016 |
mrvitalis: My friend shut it there! Who dash u Igbo? E manyere aka n'ime ike nsi gi ahu, site ya n'imi ya ghoro gi k'ibi onye afo? Kpacha anya gi biko! Convert $50 Billion to Naira so that its full implications will dawn on you. What is the aim of such loan and where is the guarantee of transparent and honest administration/application of such loan? Is it wit this thieving goons wrapped up in the APC toga of integrity we have as President and ministers? You must be sleeping! Where is the institutional integrity and blueprint for the application of such loans? What are the terms of validation? Within what expected time frame for completion and delivery of so-called infrastructural projects? Is there anything beyond oil going on the oily brains of the zombies in this country? Tufiakwa! Ga juo nne gi onye tubara ya ime gi maka o buro onye nwa diala tara ji n'ede ga n'ekwu inyo n'ile e na nyu ebea! |
Re: Again, FG To Borrow $50bn From China by mrvitalis(m): 2:32pm On Jun 28, 2016 |
freeze001:If u read that u will see that's an investment and will pay for it self... |
Re: Again, FG To Borrow $50bn From China by freeze001(f): 2:37pm On Jun 28, 2016 |
mrvitalis: You should have responded to the things I said to you in Igbo language na. Fake liar! Pay for itself how? Did u see the questions I raised? What are the modalities to ensure that the so-called investments actually occur and yield profitably enough to 'pay for itself'? |
Re: Again, FG To Borrow $50bn From China by mrvitalis(m): 3:05pm On Jun 28, 2016 |
freeze001:Lol.... My igbo may not be strong but igbo bloods run in my blood.. Tho I grew in pH... Speaking igbo is hard even for... Wish I can tho... The investment is for the oil industry... To develop more oil blocks to improve our oil production... If u understand how the oil sector work u won't ask that... It's a long explanation I can't give here |
Re: Again, FG To Borrow $50bn From China by kernel501: 4:08pm On Jun 28, 2016 |
[b][/b] veraponpo: veraponpo: You people seem to fail to know the difference between Loans and Investments. Nigeria does not want loan from China. Adeosun has already raised bond in the EU for that. What we want is Investments (FDI) from those countries into our Oil and Gas Sector. If the $50b enters, we can forget fuel scarcity, Gas problem, Electricity problem, Petrochemical Problems, Fertilizer production problem, employment problem for the teeming youths, etc. Ibe Kachukwu was talking about investments and not loans! veraponpo: Let me quote him..."Mr. Ibe Kachikwu, on Monday, disclosed that the country is seeking to "RAISE" between $40 billion and $50 billion from Chinese investors in the next couple of days to bridge infrastructure funding gap in the Nigerian petroleum" You don't raise investors from Chinese investors, rather loan. You may need to revisit the caption to help you if the content is hyper incomprehensive or problematic. |
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