Vanguard Allure

Top Menu

  • Vanguard

Main Menu

  • Home
  • Allure Magazine
    • Features
    • Magazine
    • Profiles
  • Allure TV
  • Celebration
    • Fashion & Style
    • Weddings
    • Lifestyle
    • Events
  • Wellbeing
    • Allure Woman
    • Healthy Living
    • Beauty
  • Happiness
    • Food
    • Shopping
    • Travel
    • Relationships
    • Career
  • News
  • Vanguard

logo

Vanguard Allure

  • Home
  • Allure Magazine
    • Bukola Olabisi Bakare - Driven by Service

      June 28, 2026
      0
    • The Present Dads

      June 21, 2026
      0
    • Beyond the Patriarch: Cultures Where Mothers Hold the Family Crown 

      June 21, 2026
      0
    • It's Father's Day: Where Are the Fathers Who Left?

      June 21, 2026
      0
    • Bolaji Ogunmola: The Storyteller

      June 16, 2026
      0
    • OJUDE OBA 2026: WHERE CULTURE MEETS HIGH FASHION

      June 7, 2026
      0
    • What Eye See: Aduragbemi Okeyemi’s Journey Through the Art of Black-and-White Photography

      April 29, 2026
      0
    • MIKE ADENUGA… A QUIET COLOSSUS @ 73

      April 26, 2026
      0
    • Bovi and Nomzamo: AMVCA's new reveal

      April 19, 2026
      0
    • Features
    • Magazine
    • Profiles
  • Allure TV
  • Celebration
    • Fashion & Style
    • Weddings
    • Lifestyle
    • Events
  • Wellbeing
    • Allure Woman
    • Healthy Living
    • Beauty
  • Happiness
    • Food
    • Shopping
    • Travel
    • Relationships
    • Career
  • News
    • Omobola Abioye to host Fireside Conversation in Brussels

      June 21, 2026
      0
    • WeMove Summit celebrates power of motion

      June 14, 2026
      0
    • EDEN REBORN: ‘Glamgirl By Sefiya’, A Couture Fantasy Where Fashion Becomes Mythology

      June 3, 2026
      0
    • Seinde Signature Introduces Luxury Perfume Bar Experience in Ikoyi

      May 7, 2026
      0
    • Seinde Signature Hosts Sarah Baker in Landmark Multi-City Fragrance Premiere in Nigeria

      April 14, 2026
      0
    • Faith Morey Takes The Grace Circle Beyond Borders with Accra Edition

      April 11, 2026
      0
    • World Autism Day: Foundation calls for early intervention in Children

      April 7, 2026
      0
    • Belaire and Stars Shine at Yemi Alade’s Yem Beauty Launch

      April 5, 2026
      0
    • Faith Morey Introduces The Grace Circle to Lagos

      March 8, 2026
      0
  • The Mid-Year Mind Check

  • How Your Environment Affects Your Energy

  • SEX MATTERS THAN YOU THINK

  • How To Maximise Financial Windfall for Wealth Creation (4)

  • Oluwatomisin Owoade: Revolutionarising eco-fashion

News
Home›News›Basketmouth Comments On Foreign Loans, Says ‘Nigerians Will Be Speaking Chinese In The Next 10 Years’

Basketmouth Comments On Foreign Loans, Says ‘Nigerians Will Be Speaking Chinese In The Next 10 Years’

August 28,2020
Share:

Basketmouth has aired his reservation about the sovereignty clause in Nigeria’s loans from China, saying Chinese may become the country’s second language in 10 years.

Earlier, a house of representatives panel had raised alarm in an investigative hearing over a clause conceding Nigeria’s sovereignty in a loan agreement with the Export-Import Bank of China.

Abubakar Malami, the minister of justice and attorney-general of the federation (AGF), however, said that the President Muhammadu Buhari administration will guard Nigeria’s sovereignty as regards foreign loans.

Sarcastically addressing Nigerians who expressed concerns about the country’s repayment plans, Basketmouth, a comedian whose real name is Bright Okpocha, made a video wherein he charged citizens to dwell on the prospects of bilingualism.

“I understand that a lot of Nigerian are really upset right now especially with what’s going on with the $5.3 billion loan and the sovereignty clause hidden somewhere in that document,” he said.

“Nigerians, why are you getting upset for nothing? Our political elites are way older than us, which means they’re wiser. I believe they had options.

“The first would have been to call on China and have them invest in the rail track, run it for whatever duration of years, make their money back, and leave the trail for us.

“The other is to take the loan, build it ourselves, run it, and pay off the loan with the interest. And they went for the latter, which is the best actually, based on the fact that they have a TRACK record.

“They did it with NIPOST, NNPC great, beautiful. NEPA that investment is flourishing to date. NICON, Nigerian Airways. yes! Also, they did it with the Nigeria Railway Corporation.

“…the same railway they’re doing. Do yourself a favour. Let’s look at the bright side. In the next ten years, the Chinese language will be our second language. I’ve always wanted to learn Chinese.”

TagsBasketmouthchineseLoan
Previous Article

Darey Art Alade, Falz, Yemi Alade named ...

Next Article

Black panther star, Chadwick Boseman dies aged ...

0
Shares
  • 0
  • +
  • 0
  • 0
  • 0
  • 0

Related articles More from author

  • Allure MagazineNews

    Comedian, Basketmouth and wife share Game of thrones inspired photo

    August 12, 2017
    By allure1
  • Allure MagazineNews

    Comedian, Basket mouth gets interviewed by the BBC in London

    January 6, 2017
    By allure1
  • Allure MagazineNews

    Comedian, Basketmouth and wife, Elsie expecting third child

    October 2, 2017
    By allure1
  • Allure MagazineNews

    Ace comedian, Basketmouth confirms he would run for presidency following outcome of US election.

    November 10, 2016
    By allure1
  • Allure MagazineNews

    Basketmouth’s wife goes all romantic to celebrate his 38th birthday

    September 14, 2016
    By allure1
  • Allure MagazineNews

    China government bans ‘Muhammad’, ‘Jihad’, Imam, dozens of Islamic names as Baby Names

    April 28, 2017
    By allure1
0

  • Allure MagazineLook of the dayNews

    Look of the day: Tokunbo Idowu

  • EntertainmentNews

    Singer, Banky W reacts to news of unknown woman’s suicide in Lagos

  • Healthy LivingWellbeing

    Do you know Vitamin C May help manage high blood pressure

  • 5312
    Followers
  • 0
    Likes

Timeline

  • July 5, 2026

    The Mid-Year Mind Check

  • July 5, 2026

    How Your Environment Affects Your Energy

  • July 5, 2026

    SEX MATTERS THAN YOU THINK

  • July 5, 2026

    How To Maximise Financial Windfall for Wealth Creation (4)

  • July 5, 2026

    Oluwatomisin Owoade: Revolutionarising eco-fashion

Categories

Subscribe to our Newsletter

Sign up to receive email updates and to hear what's going on with our magazine!

  • Recent

  • Popular

  • Comments

  • The Mid-Year Mind Check

    By CHIOMA
    July 5, 2026
  • How Your Environment Affects Your Energy

    By CHIOMA
    July 5, 2026
  • SEX MATTERS THAN YOU THINK

    By CHIOMA
    July 5, 2026
  • How To Maximise Financial Windfall for Wealth Creation (4)

    By CHIOMA
    July 5, 2026
  • Chioma Jesus, Sammie Okposo, Midnight Crew set for #THUGGLA2018

    By CHIOMA
    April 24, 2018
  • American rapper, Kendrick Lamar wins Pulitzer prize for 2017 ‘Damn’ album

    By CHIOMA
    April 17, 2018
  • Afrobeat singer, Seun Kuti drops new album titled ‘Black Times’ 

    By CHIOMA
    April 23, 2018
  • Actor, Yul Edochie declares intention to run for presidency

    By CHIOMA
    April 23, 2018

Entertainment

  • January 3, 2026

    Olajide Ajose, Davido, Omoni Oboli Make Visibility 50 Africa List

  • November 21, 2025

    Evia Simon Unveils New Christmas-Themed Film Project

  • October 22, 2025

    Davido Becomes Osun State’s Chairman of Sports Trust Fund 

  • October 21, 2025

    Iyabo Ojo welcomes daughter, grandson back to Nigeria

  • October 5, 2025

    Imisi crowned winner of Big Brother Naija Season 10

Follow us