How Nigerian Officials Are Selling Nigeria To The Chinese As They Enter Into Agreements And Sign Documents In Chinese Language.

WHERE LIES THE FUTURE OF THE NIGERIAN CHILD?

Nigerians rights and assets are being sold to China as a member of the House of Representatives, Mr Ben Ibakpa has alleged that some Nigerian officials signed loan documents from China in Chinese language without understanding the content of the document.
 On Thursday at the Channels Television’s breakfast show, Mr Ibakpa  made this statements claiming that the National Assembly is not carried along when the country takes loans from China.


The member representing Ethiope Federal Constituency said, the National Assembly has been kept in the dark before now, adding that the lawmakers, will, however, play more active role when the country wants to take loans from China.
“The national assembly is kept in the dark in all these loans. The National Assembly is not part of it,” the lawmaker said. “Even the Bureau for Public Procurement is not aware of these loans.

“These loans are collected via the China Civil Engineering Construction Corporation (CCECC). They bring a bill, the Federal executive approves the bill.”
He claimed that “from what we have seen from other countries, the Chinese loans are overpriced and these people are very corrupt”.
Speaking further, he said the present government having campaigned with an anti-corruption mantra, should do better as corruption is fueled by awarding of contracts.
Mr. Ibakpa, claimed that some Nigerian officials do not critically look into loan documents before signing, and said that “Some of these agreements that are signed, they come in Chinese language.”
While admitting that the National Assembly may not have done the right thing over the years, he added that whatever has been done in the past that it is not correct, needs to be corrected.
He said that for the 2020 budget, “we are taking about over N2 trillion appropriated for debt servicing. We appropriate and we don’t know how these money is being spent.
Where is the NIGERIA state heading?

Comments

  1. Hahahah....we want the style governance so. We all unanimously used our PVCs to collectively brought this calamity to ourselves and so we should learn to manage and tolerate him and his lieutenants like that.
    Gej was this!Gej was that!! And we succeeded to chase him away and decided on who is this or that and we are still complaining of the govt?!What useless and selfish centered confused people called Nigerians!
    If Gej was clueless, drunkard, womanish in nature and his styles of governance was full of corruption while the country never borrowed such unrepentant amount and as a consequence we jointly sent away thru our collective cursed PVCs , and decided to vote in this calamity to our lives in 2015, I wondered why we should crying over someone we decided to bring to come and run the govt the way he wants and likes knowing well that he is not corrupt, clueless and drunkard?!
    We want the loan like that and nothing anybody can do about it, simple!
    The problem with Nigerians has not been the style of governance or leadership, but the high numbers of illiterate and poverty stricken and cursed electorates who had constituted the larger %ages of the country's electorates...they lack knowledge and understandings of what and how country should be ran to favour them and so constituted the bulks of electorates who are easily swindled and deceived by the people the elected thru given them palliative to enable them sell their conscience and remained in the state of their poverty while they tell them to look up to God for survival who is the giver of carer of the poor, illiterates and giver of food and not those they voted in.
    Nigerians will never come.out of this endless and natural problems because illiterates who don't understand proper governance and what democratic govt is supposed to do continued to increase and formed the larger sect backs in the electorate classes...
    Na so I see ham ooo!

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