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Nairaland Forum / Nairaland / General / Politics / FG Seeks Loan From Japan After China - Sahara Reporters (14100 Views)
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FG Seeks Loan From Japan After China - Sahara Reporters by Success100: 12:10pm On Sep 12, 2018 |
The Federal Government, through the Ministry of Transportation, has urged Japan to follow in the footsteps of their Chinese counterpart, and partner Nigeria on concessioning loans. Rotimi Amaechi, Minister of Transport, stated this when he signed a Memorandum of Understanding with Japan to promote infrastructure investment and continuing cooperative relationship between both countries. Stating that the concessioning loan interest rate falls around 1.5 per cent, he said: “we will be glad if the Japanese government can come in as the Chinese government has come in”. Amaechi signed the MoU with Japan’s State Minister of Land, Infrastructure, Transport and Tourism, Tsukasa Akimoto at the Federal Ministry of Transportation, Abuja. Speaking at the event, Akimoto, who was accompanied by Japan’s Ambassador to Nigeria, Yutaka Kikuta, said: “As the State Minister in charge of infrastructure in Japan, I have been impressed that there is still a great deal of scope for Japan to co-operate on building the infrastructure in your country. “As you all are aware, Your Excellency, Japan is putting in a great deal of emphasis on providing high quality infrastructure and in that respect, we are known in comparison to other countries such as China, Korea and European countries. If you look at the country’s cycle of infrastructure developed by the Japanese, ours is the most cost effective. “You are aware that in the past, there has been much discussion of Japan’s cooperation with Nigeria in providing the other railway and development plan in Lagos Island, and we hope there will be more opportunities in the future for Japan to provide technical expertise and capacity building, and also to provide high quality infrastructure here in Nigeria.” http://saharareporters.com/2018/09/12/after-china-fg-seeks-loan-japan 1 Like 1 Share
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Re: FG Seeks Loan From Japan After China - Sahara Reporters by fulaniHERDSman(m): 12:13pm On Sep 12, 2018 |
One chance 76 Likes 4 Shares |
Re: FG Seeks Loan From Japan After China - Sahara Reporters by Nobody: 12:15pm On Sep 12, 2018 |
Success100: CC onyeoga madridguy buhariguy omenka shalomc iceberg3 yarimo odvanguard pointzerom t9ksy imperialyoruba odvanguard yorubaassasin alariiwo lzaa Ikenna0b ngeneukwenu captaing00d roger3d IbrahimDamola juliusmalema captaing00d 43 Likes 2 Shares
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Re: FG Seeks Loan From Japan After China - Sahara Reporters by Metuh: 12:15pm On Sep 12, 2018 |
Nigerians are in trouble. Sarrki, it's like your debts are gonna be on the increase o. Sai Babraba! Enjoy your chains. ![]() 96 Likes 2 Shares |
Re: FG Seeks Loan From Japan After China - Sahara Reporters by RobbStark(m): 12:18pm On Sep 12, 2018 |
First it was China
Now Japan 2moro North Korea or South Korea Nigerians, we are in trouble. 94 Likes 5 Shares |
Re: FG Seeks Loan From Japan After China - Sahara Reporters by highpriestess: 12:20pm On Sep 12, 2018 |
lol, by the time the sai barbar sell zoogeria finish, sarrki go change him name to SA CHA KIII. 90 Likes 3 Shares |
Re: FG Seeks Loan From Japan After China - Sahara Reporters by FarahAideed: 12:21pm On Sep 12, 2018 |
Buhari wants to ruin the destinies of Nigerians yet unborn 87 Likes 5 Shares |
Re: FG Seeks Loan From Japan After China - Sahara Reporters by Ehiscotch(m): 12:21pm On Sep 12, 2018 |
There is nothing wrong with borrowing, as long as it is used to finance capital projects. We have to just come to terms with the fact that we do not generate enough to finance our capital projects. 7 Likes |
Re: FG Seeks Loan From Japan After China - Sahara Reporters by stefanweeks: 12:37pm On Sep 12, 2018 |
two chance dont be surprised if one day asians become the president and senate president of this country 22 Likes 2 Shares |
Re: FG Seeks Loan From Japan After China - Sahara Reporters by clarocuzioo(m): 12:39pm On Sep 12, 2018 |
And what happend to all the looted billions EFCC recovered and all the trillions saved from fully implementing TSA? This one na real one chance government. 48 Likes 3 Shares |
Re: FG Seeks Loan From Japan After China - Sahara Reporters by noruwasman(m): 12:40pm On Sep 12, 2018 |
I will chose Japan over Chinco anytime, any day 2 Likes 1 Share |
Re: FG Seeks Loan From Japan After China - Sahara Reporters by SolutionMee: 12:46pm On Sep 12, 2018 |
![]() Impending doom is looming on Nigeria. What am seeing in the future is bad I'm seeing... Just don't let me talk 27 Likes 3 Shares |
Re: FG Seeks Loan From Japan After China - Sahara Reporters by fallout87: 12:48pm On Sep 12, 2018 |
They are rushing to borrow all this money to finance APC campaigns, mainly the 2019 Presidential election. You can imagine a government who just received 322M saying they gave the money away to the poor... then turning around days later to beg foreigners for 328M loan. There is nothing good or honest about Buhari or this APC. 89 Likes 6 Shares |
Re: FG Seeks Loan From Japan After China - Sahara Reporters by gare(f): 12:57pm On Sep 12, 2018 |
Success100: NEXT WILL BE SOUTH OR NORTH KOREA 3 Likes 1 Share |
Re: FG Seeks Loan From Japan After China - Sahara Reporters by Racoon(m): 12:58pm On Sep 12, 2018 |
Borrowing yet recovering looted/relooted monies as well as generating fraudulent IGR.Buhari government is a curse. They are here to mortgage our future life.So Nigeria must free itself from this monumental scam of the century. Zombies lets hear what you guys got to say about this. 29 Likes 1 Share |
Re: FG Seeks Loan From Japan After China - Sahara Reporters by chiefolododo(m): 12:58pm On Sep 12, 2018 |
Buhari is the best president when it comes to borrowing money and killing of innocent Nigerians by Fulani herdsmen 7 Likes 1 Share |
Re: FG Seeks Loan From Japan After China - Sahara Reporters by Racoon(m): 12:58pm On Sep 12, 2018 |
fallout87:And reasonable Nigerians are supporting this catastrophe of a government. 20 Likes 1 Share |
Re: FG Seeks Loan From Japan After China - Sahara Reporters by itiswellandwell: 12:58pm On Sep 12, 2018 |
Chai! Honestly, this government isn't serious. 2 Likes |
Re: FG Seeks Loan From Japan After China - Sahara Reporters by Sunofgod(m): 12:58pm On Sep 12, 2018 |
Odiegwu... 1 Like |
Re: FG Seeks Loan From Japan After China - Sahara Reporters by Sharpshooota: 12:59pm On Sep 12, 2018 |
Buharis destiny is to bankrupt and impoverish the nation and those yet unborn... HSBC made it clear that this dullards second tenure is going to leave the country's economy in a comatose state.... Say no to an economic terrorist team Say no to Buhari 10 Likes |
Re: FG Seeks Loan From Japan After China - Sahara Reporters by bettercreature(m): 12:59pm On Sep 12, 2018 |
noruwasman:They produce goods in accordance with your budget not that they can not produce original product 1 Like |
Re: FG Seeks Loan From Japan After China - Sahara Reporters by tunjijones(m): 12:59pm On Sep 12, 2018 |
. |
Re: FG Seeks Loan From Japan After China - Sahara Reporters by Beehshorp(m): 12:59pm On Sep 12, 2018 |
Na campaign funds them dey borrow.. 3 Likes |
Re: FG Seeks Loan From Japan After China - Sahara Reporters by afroniger: 12:59pm On Sep 12, 2018 |
Ehiscotch: Exactly. Money for infrastructural devt. has to come from somewhere. 1 Like |
Re: FG Seeks Loan From Japan After China - Sahara Reporters by rozayx5(m): 12:59pm On Sep 12, 2018 |
Yea Keep selling the shithole Bury us in debt 4 Likes |
Re: FG Seeks Loan From Japan After China - Sahara Reporters by SeriouslySense(m): 1:00pm On Sep 12, 2018 |
Who will repay such loans, hmm, our future generation and US included, China is happy to set its trap, now we can expect more Chinese workers in Nigeria. Who knows what the chinese are really thinking 3 Likes
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Re: FG Seeks Loan From Japan After China - Sahara Reporters by chiefolododo(m): 1:00pm On Sep 12, 2018 |
RobbStark: 1 Like |
Re: FG Seeks Loan From Japan After China - Sahara Reporters by Chibuzoc(m): 1:01pm On Sep 12, 2018 |
Debt for the unborn generations ![]() ![]() ![]() Biafra or nothing 6 Likes |
Re: FG Seeks Loan From Japan After China - Sahara Reporters by 9japrof(m): 1:02pm On Sep 12, 2018 |
Imagine the sense of an African man or would i say the brain of a nunu sucking fulani man that got millions of dollars in repatriated funds from Abacha loot and decided to share the loot among his kinsmen then goes on borrowing to build infastructure. Does that make economic sense to spend free money someone dashed you on frivolities and then go on borrowing spree... Just very few African leaders are smart, the rest are a bunch of shameless ignorant folks 18 Likes |
Re: FG Seeks Loan From Japan After China - Sahara Reporters by betterAfrica: 1:02pm On Sep 12, 2018 |
Greek gifts. All these foreign aids and loans always come with strings attached. That is why With ubi-wallet.com,we hope to put an end to this and make Africa, especially Nigeria the most developed continent on the world. We plan to do this by creating our own online community with a special decentralized currency free of government control to create a decentralized democracy..The currency will peg at 1$ per coin. With this currency, we say no to foreign aids that westerners used to exploit our natural resources. We also say no to foreign loans further plunging our country into debt. We say no to politicians, you and I are the politicians. We make decisions together. We plan to launch officially in 2019 but you can read more about us at ubi-wallet.com. Meanwhile, sign up to be on our list of early adopters that gets 10,000$ worth of coins when we launch: https://sites.google.com/betoniq.com/ubi-wallet/get-on-the-10000-coins-list Together we can make Africa the best Continent in the world. Let's not just complain about the government. This is a chance to do something. Contact us to be added to our WhatsApp group:08103411195 |
Re: FG Seeks Loan From Japan After China - Sahara Reporters by manuelzz(m): 1:03pm On Sep 12, 2018 |
Ehiscotch: You no get sense ! 19 Likes 2 Shares |
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