The Chinese Ambassador to Nigeria, Cui Jianchin, has disclosed that his country is working towards the establishment of Chinese-owned bank operations in Nigeria.
“Before my departure from Beijing to Abuja, I talked to several banks in China. When you list the world’s 10 big banks, six are in China. The banking sector is very important because, without money, we cannot build our industries. Establishing Chinese banks in the country would also be a point of discussion during the China-Nigeria Bi-national Committee meeting, Jianchin said.
“If you go to China, you will find our banking industry is very powerful, not only for business but a change in the way of life."
We've finally finished 🤷♀️
Sold country , each Nigerian are owing China 165k , they should be prepared to pay. What a country called Nigerian. Bad governance. I pitied our people back home.
Where there’s crisis, they intend to open banks. I suspect hanky panky
Good move
Those who think education is worthless, here is a brain deficiency syndromes.... Leaders that can read between the lines... Mumu leaders
So foolish... Nigerian banking system is not strong yet another country is allowed. Pure foolishness All because of greed.
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China is really out here making layups.
Finally unveiled that he has sold this country to pay the loans collected
Finally sold Nigeria to China. Would Nigerian banks also operate in China?
Personality, I don't care whatever effect it has on the country. There's nothing left to salvage after all.
China should be very sure to read about the journey of Tai sholarin transformational journey into banking during IBB regime .
M’y God
Is he starstruck Why isn't he looking at the camera
Oh no no no no!!!! Buhari may have already sold Nigeria.
Aswear them don sell this country finish. This is a very bad move against the country, but people no go know
They're taking over gradually, let's see china and Fulani who will win over Nigeria by then we must have been separated
We will never learn until we have nothing more to claim for ourselves.
Going Going Going, and sold to the highest bidder 😆
I see money laundering,I see Chinese mafia operation in Naija..This is dangerlous. We all know most Chinese operations in Nigeria are illegal and this is just an easy way for them to move funds to their country after a lot of shady dealings..
If I hear Apc na ogun go kill the person generations
How can Buhari Administration be this wicked? Nigeria Fintech are striving and trying to spread their tentacle around the world but they chose to bring Chinese in to compete with their own. What is the rational behind this if not wickedness and lack of vision. Chai!
The yen will soon become our official note
Nigerian govt don't know how to play the chess game well just like africa as a continent . This super power countries especially china know the chess game very well and africa is their play ground.
Nigeria never learn their lesson from shell, MTN, and all these foreign companies that suck the country dry
Like play, like play ..for our Koro koro eye ..chai
They might do what Nigeria commercial banks are reluctant at, lend monies to small and medium scale businesses at a reasonable rate. The lowest rate l have ever seen in Nigeria is 25%.
Omo,, Chinese are so corrupt and nah now una go see looting
For those who think the government never sell this country to China, well here we go... when tbey wont read the details inbetween the lines of the hudge loans they keep getting from china
This is communist take over of the country
Damn
All the world leaders he comes in contact with are taking advantage of his illiteracy and lack of understanding of international politics and international economics. God have mercy on Nigeria.
Bubu can now borrow money very well 😂😂😂😂😂
'lender' and 'lendee'
Gen gen as he happens in Zambia, bhuari don sell us be dat
SJIMYAKUS Black Africans lives and survives in slavery ,,,, and they all have slave mentality,,
You have already sold this country finish,what's remaining,nothing,
Is trying to establish doesn't mean it will happen
Ugh😰
Na why dollar keep rising
From where to where? 🤷🏽♂️
They should just tell us ,they have sold us jeje. Let's know🙄
If you know, you know
Na only Chinese kung Fu I go learn like learn if China take over Nigeria 😂😂😂😂
Any Nigerian who dare bank with this chinese bank sorry for you because your money will be gone. The money will be used as return for the loan your weak and useless president collected from them. Simple👌
Chinese Banks Set To Establish Operations In Nigeria. One of the Constitutions xi Jinping gave NigeriaGov & Amaechi.... Big slap... can Nigeria govt establish Nigeria banks in China?
Instead of changing naira to dollars then yuen now it's just naira to Yuen... Nice..
Let us look at our gain, already goods are expensive coming to Nigeria because the importer pays over 50 naira above black market rate to get dollars to import from Asian countries, maybe they can end up paying naira direct into their china account wh will make goods cheaper
Let us look at our gain, already goods are expensive coming to Nigeria because the imposter pays over 50 naira above black market rate to get dollars to import from Asian countries, maybe they can end up paying naira direct into their china account wh will make goods cheaper
Awwwn😹😹
Chinese lang.. should be our mother tongue
Dem wan bring the loan closer to us.
Y'all should start teaching your kids Mandarin
Buhari have finally sold Nigeria to China, shame to one nigeria people
Looking at this from an economic perspective it's a good deal because FDI might likely boost the economy and trade relations, but that's only on paper and in an economic sense but china is a country u don't want to trust cause one thing is china don't just give, they take.
The Takeover has begun😂
So we take it overrrrr,🎶 one step at a time🎶 So we take it overrrrr,🎶 one step at a time🎶 Chinese government singing in Akon's voice...
At this rate somebody will wake up one day and begin to speak chin chun chi.
Good step.. With this we don't have to pay in dollars to buy from China. I am not buying from America why should I be taking transit to dollar before making purchase. Dollar is over rated and relatively useless in some transactions if not for the enrichment of America economy.
If any must happen, industries should be preferable to banks. Carefully speaking, the odds have to be intelligently estimated before opening our economies up for the Chinese.
Under buhari govt that will last more than 20yrs, years after is seriously making a bad decision for us all
China will definitely turn Nigeria to Taliban country, the way they did to Afghanistan. They decieved Biden during election and used the opportunity chase America away from Afghanistan. Watch and see how Sharia law will take over Nigeria soon.
Back to the days of colonial master
Debt collection process begins
Fossil
Chinese debt management organization.
Fear who no fear Buhari
The chicken has come home to roost
International relations is a political game and these guys know themselves better. If you think China is coming to take over due to the fact that Nigeria is owing them, then you are wrong. Politics is beyond who is not in the circle
Shay no be how to borrow more be this?
Buhari, pls round up and leave the office. Forget about Chinese Bank. You don't know shame
They did it in South Africa and it wrk out for the Chinese,Chinese are about to recolonize the world again
And then give out loans they know you wouldn’t repay. Then take over It’s the harsh world. Biz all the same
At last China has taken over
This is a welcome development! OPAY is a Chinese company and I use Opay When I see the superior technology and services Opay uses and the way they have taken over our mobile money sector I know they will send message to other Chinese financial companies to come.
The country has been sold right under our own very nose 👃
Economic hitmen
We'll start speaking Chinese language soon.
Ok time to take over the economy due to our debts.
Hmmmm
Very soon they'll gift our Army military equipments then open a base in Nigeria... God help us
Hmmmm
The takeover inclusion process starts
I hope this politicians will not run away when the thing finally burst... As in the China finally took over...
Wahala 😂😂😂
What!!! what am I reading ?
So they can be able to pack the money fully to china
Finally we are done for
Well, they paid full
OkechukwuNwadi5 The creditors are coming from the total control and to secure their interest, game over
Government nor fit pay loan Chinese want take over 🙄🙄
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