ifyan:


Him and his party criticism to the previous administration

Where are you when previous Govt was borrowing from China?


http://www.scmp.com/news/china/article/1279686/nigerian-president-goodluck-jonathan-finalises-loan-deals-china

http://www.voanews.com/a/nigeria-chinese-loans/1694725.html


http://www.premiumtimesng.com/news/168645-jonathan-gets-approval-to-borrow-1billion-to-fight-boko-haram.html

http://www.ibtimes.com/nigeria-lands-11b-low-interest-loan-china-china-seeks-closer-ties-africas-largest-oil-1341495

obailala:
First of all, I am not one of your typical half-baked fellows who only read a topic and proceed to drop comments. If you had read the body of the report (as opposed to just the title), you would have realised that the report covered all of Nigeria's debts , and not just those from China. So I wonder what other topic you're expecting me to stick to

So if thats the case, why didnt you post the links of other debts incurred by past administrations? why did you only post that of last government? Post that of all previous government to buttress the bolded.

Now back to your useless comment, it is completely senseless to insult someone for borrowing from China (at a critical economic season), but still revere another who borrowed from elsewhere (even when he enjoyed an income explosion); that has to be the height of buffoonery

It is higher height of buffoonery when you claim that the report covered all of Nigeria's debts yet you post link of only one administration while ignoring other past administrations.

And just so you know, that one you revere actually also borrowed from the same CHina. So just run-off and go educate yourself before coming here to spew trash...

Of course, we know that majority of the past government borrowed money from china,however, same way GEJ was blasted for the other debts being borrowed is the same way buhari will be blasted. There is no escaping it.

ifyan:

May 3, 2017 Sulaimon Olanrewaju
The Federal Government of Nigeria’ indebtedness to China stood at $3.22bn at the end of December 2016, according to a report released on Tuesday by the National Bureau of Statistics (NBS).

This is part of the total foreign debt stock of both the federal and state government which was put at $11.41bn by the bureau.

The domestic debt of the two tiers of government stood at N14.02trn at the end of December 2016.

A breakdown of the foreign debt shows that $7.99bn was multilateral; $198.25m was bilateral (ADB) and $3.22bn from the Exim Bank of China credited to the Federal Government.

The report added that of the Federal Government’s domestic debt, N7.56 trillion or 68.41 per cent are in Federal Government bonds, N3.28 trillion or 29.64 per cent are in treasury bills and N215.99 million or 1.95 per cent are in treasury bonds.

The report also showed that Lagos State has the highest domestic debt profile among the states accounting for 10.54 per cent of the debt stock

Read more@http://www.nairausd.com/2017/05/nigeria-owes-china-322bn-nbs.html

small change ...we get 32 billion for reserve

GBESE RE OOOOOO

ISTANDWITHBUHAR:


Where are you when previous Govt was borrowing from China?


http://www.scmp.com/news/china/article/1279686/nigerian-president-goodluck-jonathan-finalises-loan-deals-china

http://www.voanews.com/a/nigeria-chinese-loans/1694725.html


http://www.premiumtimesng.com/news/168645-jonathan-gets-approval-to-borrow-1billion-to-fight-boko-haram.html

http://www.ibtimes.com/nigeria-lands-11b-low-interest-loan-china-china-seeks-closer-ties-africas-largest-oil-1341495

I knew something like this will come up.

ooshinibos:

small change ...we get 32 billion for reserve

Don't underestimate the power of debt

Its high time we get a Foreign manager to manage this country don't see anything wrong since our leaders are thieves

dragonking2:
So if thats the case, why didnt you post the links of other debts incurred by past administrations? why did you only post that of last government? Post that of all previous government to buttress the bolded.

The answer to this question is very commonsensical, even a pupil should know it. You were already spewing unprintable words against the current FG for borrowing from China. All I needed to do was remind you that the last govt (which you revere) also borrowed (from even the same China), and unlike the current circumstances of reduced govt revenue, the borrowings by the last admin weren't as justified as it is today.

It is higher height of buffoonery when you claim that the report covered all of Nigeria's debts yet you post link of only one administration while ignoring other past administrations.

Once again, the answer to this question is commonsense, but only buffoonery would make it unclear to a person. You were already alluding that the entire money was borrowed by the current regime, you even went ahead to spew unsavoury words, labelling buhari an incompetent evil dullard for daring to borrow from China. I was only exposing your pathetic ignorance by reminding you that even the one you revere has a hand in those borrowed funds.[/quote]

Of course, we know that majority of the past government borrowed money from china,however, same way GEJ was blasted for the other debts being borrowed is the same way buhari will be blasted. There is no escaping it.

Of course, no one stops you or anyone from blasting anyone for plunging Nigeria into debts. But when you do so, apply some wisdom.

With buhari and osinbajo in power , this figure is just the starting stage

obailala:
The answer to this question is very commonsensical, even a pupil should know it. You were already spewing unprintable words against the current FG for borrowing from China. All I needed to do was remind you that the last govt (which you revere) also borrowed (from even the same China), and unlike the current circumstances of reduced govt revenue, the borrowings by the last admin weren't as justified as it is today

Rubbish.
You didn't need to remind me about the last government because we all know that they borrowed money from China, however, I have every right to criticize his government as they are in power now.. I ask again, why didn't you post that of other past government? You should have also reminded me of all the administrations and not just a selective one. Or are you psychic to know which one I revere and which one I don't? Post the other debt of past administrations if you want to be taken seriously.

Once again, the answer to this question is commonsense, but only buffoonery would make it unclear to a person. You were already alluding that the entire money was borrowed by the current regime, you even went ahead to spew unsavoury words, labelling buhari an incompetent evil dullard for daring to borrow from China. I was only exposing your pathetic ignorance by reminding you that even the one you revere has a hand in those borrowed funds

Now, my comment is based on the China debt and not the total debt like I said earlier on, we all know that past administrations borrowed.. .Also, the topic reads "Nigeria owes China $3bn"...Am sure you also missed the part where it said "The Federal Government of Nigeria’ indebtedness to China stood at $3.22bn at the end of December 2016"..Now, how much did buhari alone borrow from China? I hope you can tell us? Once you do so by getting the amount buhari borrowed from China last year then subtract it from this total debt of over $3bn to China alone and then you will have the common sense to fully understand my statement.

Of course, no one stops you or anyone from blasting anyone for plunging Nigeria into debts. But when you do so, apply some wisdom.

Good, I believe that you should now take to your own advice of using wisdom to reply based on the area of criticism.

What is the work of central bank of nigeria. Why not printed money. They is money.

useless politicians..borrow money and end up stealing it.....God go punish d likes of James Ibori., Diezani., Tinubu., Otedola., Saraki.,

Let them put the Country up for sale on auction plus all the polithiefician as a free give away to the highest bidder

dragonking2:
Rubbish.
You didn't need to remind me about the last government because we all know that they borrowed money from China, however, I have every right to criticize his government as they are in power now.. I ask again, why didn't you post that of other past government? You should have also reminded me of all the administrations and not just a selective one. Or are you psychic to know which one I revere and which one I don't? Post the other debt of past administrations if you want to be taken seriously.

Now, my comment is based on the China debt and not the total debt like I said earlier on, we all know that past administrations borrowed.. .Also, the topic reads "Nigeria owes China $3bn"...Am sure you also missed the part where it said "The Federal Government of Nigeria’ indebtedness to China stood at $3.22bn at the end of December 2016"..Now, how much did buhari alone borrow from China? I hope you can tell us? Once you do so by getting the amount buhari borrowed from China last year then subtract it from this total debt of over $3bn to China alone and then you will have the common sense to fully understand my statement.

The report may be titled 'China Debt', but the content talked about all other debts too. I'm sorry, I'm not like you who reads only titles of reports before commenting...

You drew the attention of the world to how incompetent, evil and dull Buhari was all because he borrowed money from China. I simply reminded you that even his predecessor which I know you hold in high esteem also did same; and then you return to attack me for mentioning only one predecessor?

Now permit me to re-enact your nonsense hypocritical logic so you can see how senseless it is; you attacked me for not mentioning names of other leaders, so kindly tell me why you did not think it wise to mention the names of previous leaders when you were vomiting those unprintable words on Buhari?... Since you now claim you also know the other leaders also borrowed..

dem go still blame jonathan

obailala:
The report may be titled 'China Debt', but the content talked about all other debts too. I'm sorry, I'm not like you who reads only titles of reports before commenting...

You drew the attention of the world to how incompetent, evil and dull Buhari was all because he borrowed money from China. I simply reminded you that even his predecessor which I know you hold in high esteem also did same; and then you return to attack me for mentioning only one predecessor?

Now permit me to re-enact your nonsense hypocritical logic so you can see how senseless it is; you attacked me for not mentioning names of other leaders, so kindly tell me why you did not think it wise to mention the names of previous leaders when you were vomiting those unprintable words on Buhari?... Since you now claim you also know the other leaders also borrowed..

You can see who is accusing me of reading only the heading. I will continue to remind you that you are confused. I am sure you didn't see the first statement of the article which states that 'The Federal Government of Nigeria’ indebtedness to China stood at $3.22bn at the end of December 2016, according to a report released on Tuesday by the National Bureau of Statistics (NBS)' .

Now I accused the current president of this huge debt to china due to the amount he borrowed alone (you are yet to tell us how much he borrowed last year). As usual, you jumped in your sycophantic style talking about the total debt profile by rendering stories about how only GEJ administration borrowed money. What kind of laughable logic is that? If you want to talk about the total debt profile, you should start from the scratch. Provide the required details to underpin your points and not just point at one administration.

As for the second bolded, are you pained? I wonder where you were when the likes of El rufia & co were calling GEJ unprintable names? Maybe you were blind then.

Now to the first bolded.. I will go ahead and post past Nigerian leaders who borrowed money from china. Once I finish, you then will have no excuse not to provide the breakdown of the total debts of past administration and not only GEJ.

Obasanjo $2.5billion from china;

http://www.oyibosonline.com/country-borrows-3-1-billion-under-obasanjo/

Yaradua;

No record of borrowing from china

GEJ $1.1bn deal from china:

http://m.bbc.co.uk/news/world-africa-23269004

https://www.nairaland.com/1817872/bbc-nigerias-president-gej-seeks

http://www.scmp.com/news/china/article/1279686/nigerian-president-goodluck-jonathan-finalises-loan-deals-china


Buhari $6bn from china ;

http://pulse.ng/local/buhari-president-gets-6b-loan-from-china-id4912989.html ( This debt is in 2 folds - $2bn and $4bn which was sealed this year)

http://dailypost.ng/2016/02/11/nigeria-to-secure-2bn-loan-from-china-to-finance-2016-budget/ This is the one for 2016.

http://www.reuters.com/article/nigeria-loans-idUSL5N1HC4PG This was sealed recently this year 2017.

Buhari alone has taken $6bn in less than 2years...

No record of china loan for Abacha, IBB, Shehu shagari, Nnamdi Azikiwe, Yakubu gowon.

Now that I have fulfilled mine own part, why dont you fufill your own by providing the breakdown of the total debts of past administrations and not only GEJ.

I await your response.

dragonking2:
You can see who is accusing me of reading only the heading. I will continue to remind you that you are confused. I am sure you didn't see the first statement of the article which states that 'The Federal Government of Nigeria’ indebtedness to China stood at $3.22bn at the end of December 2016, according to a report released on Tuesday by the National Bureau of Statistics (NBS)'.

Now I accused the current president of this huge debt to china due to the amount he borrowed alone (you are yet to tell us how much he borrowed last year). As usual, you jumped in your sycophantic style talking about the total debt profile by rendering stories about how only GEJ administration borrowed money. What kind of laughable logic is that? If you want to talk about the total debt profile, you should start from the scratch. Provide the required details to underpin your points and not just point at one administration.

As for the second bolded, are you pained? I wonder where you were when the likes of El rufia & co were calling GEJ unprintable names? Maybe you were blind then.

Now to the first bolded.. I will go ahead and post past Nigerian leaders who borrowed money from china. Once I finish, you then will have no excuse not to provide the breakdown of the total debts of past administration and not only GEJ.

Obasanjo $2.5billion from china;

http://www.oyibosonline.com/country-borrows-3-1-billion-under-obasanjo/

Yaradua;

No record of borrowing from china

GEJ $1.1bn deal from china:

http://m.bbc.co.uk/news/world-africa-23269004

https://www.nairaland.com/1817872/bbc-nigerias-president-gej-seeks

http://www.scmp.com/news/china/article/1279686/nigerian-president-goodluck-jonathan-finalises-loan-deals-china


Buhari $6bn from china ;

http://pulse.ng/local/buhari-president-gets-6b-loan-from-china-id4912989.html ( This debt is in 2 folds - $2bn and $4bn which was sealed this year)

http://dailypost.ng/2016/02/11/nigeria-to-secure-2bn-loan-from-china-to-finance-2016-budget/ This is the one for 2016.

http://www.reuters.com/article/nigeria-loans-idUSL5N1HC4PG This was sealed recently this year 2017.

Buhari alone has taken $6bn in less than 2years...

No record of china loan for Abacha, IBB, Shehu shagari, Nnamdi Azikiwe, Yakubu gowon.

Now that I have fulfilled mine own part, why dont you fufill your own by providing the breakdown of the total debts of past administrations and not only GEJ.

I await your response.

Oh! you now brag about also reading the first sentence of the report too?.. Congratulations to you then. But when I read through the entire report, it gave details about the full debt profile, and there is no law or legislation that says I must talk about only the title or the first sentence, so I wonder why my response got you desperately agitated.

You commented by insulting Buhari for borrowing in recession, and I simply reminded you that Buhari alone isn't responsible for the debt; Buhari alone isn't even responsible for the entire Chinese debt and I believe I posted some links earlier to support this. An interesting fact by the way is that, while Buhari borrowed in a period of recession (necessity), his predecessor borrowed when we even had excess. My point was simply a gentle reminder that if you must throw insults around loosely, those insults applied to not just Buhari; and I'm sure you've already agreed with me on that.

Asking me to provide debt details of past admins?... of what relevance is that to you or to me?... My point has since been made.

Very soon, China will claim ownership of Nigeria, with the help of Tinubu.

obailala:
Oh! you now brag about also reading the first sentence of the report too?.. Congratulations to you then. But when I read through the entire report, it gave details about the full debt profile, and there is no law or legislation that says I must talk about only the title or the first sentence, so I wonder why my response got you desperately agitated.

You commented by insulting Buhari for borrowing in recession, and I simply reminded you that Buhari alone isn't responsible for the debt; Buhari alone isn't even responsible for the entire Chinese debt and I believe I posted some links earlier to support this. An interesting fact by the way is that, while Buhari borrowed in a period of recession (necessity), his predecessor borrowed when we even had excess. My point was simply a gentle reminder that if you must throw insults around loosely, those insults applied to not just Buhari; and I'm sure you've already agreed with me on that.

Asking me to provide debt details of past admins?... of what relevance is that to you or to me?... My point has since been made.

Typical as usual, you though you could accuse me of not posting past borrowings from china, well I have proved you wrong.
My point was on the chinese borrowing which i have provided proof to my claims. You wanted to talk about the total debts owed just to justify your messiah, well provide the links then...
You are all talk but no action, well i cant blame you, talk is cheap...

ifyan:


I knew something like this will come up.

LOL but you said it's propaganda..

ISTANDWITHBUHAR:



LOL but you said it's propaganda..

Lol

dragonking2:
Typical as usual, you though you could accuse me of not posting past borrowings from china, well I have proved you wrong.
My point was on the chinese borrowing which i have provided proof to my claims. You wanted to talk about the total debts owed just to justify your messiah, well provide the links then...
You are all talk but no action, well i cant blame you, talk is cheap...

Like I said, I benefit zilch from posting any proof for you; I already made my point a long time ago. If you still haven't realised that, then I'm sorry. But then, as I mentioned earlier, I've actually posted a link earlier today, you can go find it.

obailala:
Like I said, I benefit zilch from posting any proof for you; I already made my point a long time ago. If you still haven't realised that, then I'm sorry. But then, as I mentioned earlier, I've actually posted a link earlier today, you can go find it.

Which point did you make? This was part of your statement "kindly tell me why you did not think it wise to mention the names of previous leaders". Now I have mentioned them all and shamed you, why dont you do your own part and mention with references the details of the total debts you were making reference too, surely GEJ isnt the only one involved as you hypocritically put it. If you cant, keep shut and stay off my mentions on this thread.

dragonking2:
Which point did you make? This was part of your statement "kindly tell me why you did not think it wise to mention the names of previous leaders". Now I have mentioned them all and shamed you, why dont you do your own part and mention with references the details of the total debts you were making reference too, surely GEJ isnt the only one involved as you hypocritically put it. If you cant, keep shut and stay off my mentions on this thread.

Oh! You dont get my point still?... my point was that the insults you heaped on Pa Buhari for borrowing from China, those insults also apply to your hero. That's all I meant to tell you. Now run along boy!

obailala:
Oh! You dont get my point still?... my point was that the insults you heaped on Pa Buhari for borrowing from China, those insults also apply to your hero. That's all I meant to tell you. Now run along boy!

Go and sleep..Your point is fallacious.. Was GEJ the only one who borrowed? Your claim was based on the total debt not even the one from China..."you don't think borrowing from other places (as was done by other leaders (including the one you revere) should even be discussed?" . The bold was your comment so I wonder why you have switched words after I have done my own part. Like I said talk is cheap.. If you can't provide Your Own breakdown of the total debt incurred by all the past administrations then keep mute.

dragonking2:
Go and sleep..Your point is fallacious.. Was GEJ the only one who borrowed? Your claim was based on the total debt not even the one from China..."you don't think borrowing from other places (as was done by other leaders (including the one you revere) should even be discussed?" . The bold was your comment so I wonder why you have switched words after I have done my own part. Like I said talk is cheap.. If you can't provide Your Own breakdown of the total debt incurred by all the past administrations then keep mute.

Was GEJ the only one who borrowed? NO... but I chose to remind you of just GEJ for reasons best known to me and you and we all can see the effect of this my decision on your state of mind since yesterday (you've been restless). Meanwhile quit asking me to mention names of other leaders that borrowed cos I won't; if it pains you so much, come and beat me. I already mentioned the most important name to drive home my point and I got the expected reaction from you.

And again, quit your childish hypocrisy, remember you first started this by mentioning only Buhari's name while spewing your senseless insults in your first post?... at that point, why didnt you mention names of all leaders that borrowed?... What right do you have to be pissed at me for mentioning only 1 name?

And just FYI, even GEJ also borrowed from China too and I gave a link to that. So once again, run off!

obailala:
Was GEJ the only one who borrowed? NO... but I chose to remind you of just GEJ for reasons best known to me and you and we all can see the effect of this my decision on your state of mind since yesterday (you've been restless). Meanwhile quit asking me to mention names of other leaders that borrowed cos I won't; if it pains you so much, come and beat me. I already mentioned the most important name to drive home my point and I got the expected reaction from you.

And again, quit your childish hypocrisy, remember you first started this by mentioning only Buhari's name while spewing your senseless insults in your first post?... at that point, why didnt you mention names of all leaders that borrowed?... What right do you have to be pissed at me for mentioning only 1 name?

And just FYI, even GEJ also borrowed from China too and I gave a link to that. So once again, run off!

Dont remind me of only GEJ. Remind me of all the past administrations. You called me a hypocrite, I have proved you wrong, while you are yet to fulfil your own part. So who is the hypocrite Now? Abeg, Go and sleep as it is obvious you want to rigmarole again as usual ..

As for the part you claimed that you stated GEJ borrowed from China, that was not your argument. .you only edited it later on when you knew it will get hot

dragonking2:
Dont remind me of only GEJ. Remind ;Dme of all the past administrations. You called me a hypocrite, I have proved you wrong, while you are yet to fulfil your own part. So who is the hypocrite Now? Abeg, Go and sleep as it is obvious you want to rigmarole again as usual ..

As for the part you claimed that you stated GEJ borrowed from China, that was not your argument. .you only edited it later on when you knew it will get hot

This dude is still crying over this matter?

Boy I told you I wouldnt be mentioning any other names; oya come and beat me na... I have already achieved my aim which is to expose the nonsensical hypocrisy you shamelessly displayed when you went about insulting the hell out of Pa Buhari all because he borrowed money from China.

Now can you kindly run off?

obailala:
This dude is still crying over this matter?

Boy I told you I wouldnt be mentioning any other names; oya come and beat me na... I have already achieved my aim which is to expose the nonsensical hypocrisy you shamelessly displayed when you went about insulting the hell out of Pa Buhari all because he borrowed money from China.

Now can you kindly run off?

Crying? Lol you are the one crying like a biitch cause of the yabbing given to the incompetent illiterate dullard remember? It is obvious you can't keep to your own part as usual. So keep on rigmaroling, I have all the time in the world

dragonking2:
Crying? Lol you are the one crying like a biitch cause of the yabbing given to the incompetent illiterate dullard remember? It is obvious you can't keep to your own part as usual. So keep on rigmaroling, I have all the time in the world

Oh dear.. this dude wouldn't leave would he?

You threw insults, I responded with a gentle reminder that even your hero was involved in exactly the same issue. And since yestrday till now, he's literally been begging me to mention names of others leaders too. I would repeat it the umpteenth time until 'u hear word', I wouldnt be mentioning any more names cos I already mentioned the most striking one which I knew would pierce your heart, and I certainly got the effects I wanted.

obailala:
Oh dear.. this dude wouldn't leave would he?

You threw insults, I responded with a gentle reminder that even your hero is involved in exactly the same issue. And since yestrday till now, he's literally been begging me to mention names of others leaders too. I would repeat it the umpteenth time until 'u hear word', I wouldnt be mentioning any more names cos I already mentioned the most striking one which I knew would pirrce your heart and I certainly got the effects I wanted.

Lol.. Cry baby, why do you want me to leave when you can't even stick to your own claim. Keep on crying for the dullard, am here to stay until you provide all the details of the total debt incurred by all the past administrations..