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Power: FG Seeks $450m From Islamic Development Bank - Politics (2) - Nairaland

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Re: Power: FG Seeks $450m From Islamic Development Bank by MrAboki: 3:54pm On Aug 05, 2013
ckkris: Feeding which country? Luggard & co kept records showing they used Southern revenue to subsidise the north, which has continued to date. Na Zik just wan carry his Africanism help fellow Arab-minded black Africans.


If Nigeria first discovered oil in 1956 and started production in 1959, how did the South's revenue subsidze the North?!

Where did this southern revenue come from?!

2 Likes

Re: Power: FG Seeks $450m From Islamic Development Bank by ckkris: 3:57pm On Aug 05, 2013
pullyacap:

Now they are collecting money from an institution some uneducated folks would irrationally associate with extremism,fanaticism or Boko Haram


Aren't they?
Remember BCCI - Bank of Crooks Criminals International.
Re: Power: FG Seeks $450m From Islamic Development Bank by misterh(m): 3:57pm On Aug 05, 2013
Borrowing again?? Has our oil dried up? What happened to our other resources? The global economy is still not strong and we are still borrowing. Precedence has also shown what these money are used for. Smh

1 Like

Re: Power: FG Seeks $450m From Islamic Development Bank by ckkris: 3:59pm On Aug 05, 2013
Mr Aboki:


If Nigeria first discovered oil in 1956 and started production in 1959, how did the South's revenue subsidze the North?!

Where did this southern revenue come from?!
Please these documents are in public domain with the Federal Government. Find it.
Re: Power: FG Seeks $450m From Islamic Development Bank by superior1: 4:00pm On Aug 05, 2013
We are going to borrow from Somalia at the rate we are going
Re: Power: FG Seeks $450m From Islamic Development Bank by chikaflora: 4:01pm On Aug 05, 2013
Mr Aboki: Allahu Akbar...

We know you,you are a hate preacher and not even a Muslim, moderator pls,ban this mofo.

The FG wants to use Boko Money now abi?! angry NO!!

Let them release all our members in Jail first and then Change Nigeria to Sharia rule before we give them any money!

Re: Power: FG Seeks $450m From Islamic Development Bank by MrAboki: 4:06pm On Aug 05, 2013
chikaflora: We know you,you are a hate preacher and not even a Muslim, moderator pls,ban this mofo


Nna gi Mofo.. angry

1 Like

Re: Power: FG Seeks $450m From Islamic Development Bank by ajekwedon(m): 4:07pm On Aug 05, 2013
When are we going to get this rigt in this country? Even countries like Botswana, Namibia etc have working systems except Nigeria. Nothing work in our country. Since the inception of democracy in 1999, there have been efforts by successful government to salvage the power situation in the country. Alot of money have been invested into the project. As we speak nothing to show for it. The situation of the light has not improve in any part of the country. Now is to go and borrow $450m from an Islamic bank. Well, our hope is that nemesis will soon catch up with who so ever is misleading us.

1 Like

Re: Power: FG Seeks $450m From Islamic Development Bank by Milikiman: 4:07pm On Aug 05, 2013
if nigeria is to b a man he wil borrow sombodi wife.bunch of thief
Re: Power: FG Seeks $450m From Islamic Development Bank by Nobody: 4:08pm On Aug 05, 2013
This govt. has collected too much loan already. Why don't they wait and see the projects from the chinese loan through. This just doesn't sound right. [size=30pt] Too much loan[/size]

2 Likes

Re: Power: FG Seeks $450m From Islamic Development Bank by chikaflora: 4:09pm On Aug 05, 2013
Mr Aboki:


Nna gi Mofo.. angry
anuofia,ewu,park well cos u are always off point.you son of an osu klan.
Re: Power: FG Seeks $450m From Islamic Development Bank by pullyacap: 4:09pm On Aug 05, 2013
lacasa:



Nigerians are actually the biggest hypocrites in the world.

You shld ave known that by now bro

I get miffed when we don't act rationally just because we have recalcitrantly a taken position to support someone even if what he is doing is wrong...that was what made me sound out that part to the ethno-religious bigots amongst us

Getting a loan from an Islamic bank(as such loans tends to be very friendly unlike d ones taken from China/IMF/ the Bretton Woods institutions with a lot of loopholes n Technical proviso) is not a bad idea because no nation has all the monies it needs at any particular point in time we can always hedge our future crude oil sales and proceeds to service n pay the loans gradually BUT our history with such loans with absolutely near nothing to show for them under this party is very real issues

Just like some people averred,GEJ is currently preparing to spend us blind towards the realisation of his 2nd term by drawing down on the foreign reserve just like he did in 2011 while using loans like this to cover up d infrastructural deficiency and budget deficit we are presently witnessing but the most heart rendering stuff is that about 50% of the loan will get diverted...making us to borrow more

1 Like

Re: Power: FG Seeks $450m From Islamic Development Bank by Nobody: 4:14pm On Aug 05, 2013
hakku: always borowing,neva givin wat a country.
.. AND SOME PARROTS WILL COME HERE AND SAY
NAIJA IS THE 2ND BEST ECONOMY IN THE WORLD
NAIJA TO GENERATE 100000000000000000 DOLLARS BY 2014
NAIJA LIVING STANDARDS BETTER BY 100000000 %
THEN THEY WILL SHOW U THAT STYUPID BRIDGE IN LAGOS
THEN THEY WILL SHOW SOME SUPERMARKETS WITH OYINBOS
MEANWHILE THEIR PRESIDENT IS BUSY ROLLING ON THE FLOOR B4
HIS CHINESE MASTERS
THE VICE PRESIDENT IS NOW ROLLING B4 HIS ARAB MASTERS
SMH

1 Like

Re: Power: FG Seeks $450m From Islamic Development Bank by vedaxcool(m): 4:17pm On Aug 05, 2013
malele: you

You be real MR ABOKI

Actually he is a real Ibo man. Take note.
Re: Power: FG Seeks $450m From Islamic Development Bank by MrAboki: 4:20pm On Aug 05, 2013
chikaflora: anuofia,ewu,park well cos u are always off point.you son of an osu klan.

Nne Maka why?!

Ogini?!

Why all this violence?!

Nne we tu obi men.. Mu na gi kwesili e no na one bar na enwe anwuli.

Esem okwu adiro mma..

Ngwa bia were nsusu.. grin
Re: Power: FG Seeks $450m From Islamic Development Bank by ckkris: 4:21pm On Aug 05, 2013
Mr Aboki:


Where did this southern revenue come from?!


O Level Economics.

Sales Tax is still far higher in the South than in the North. Sales Tax from companies that that sell consumer goods, such as Petrol, electricity, gsm, you add the rest of them. Please what commercial item does the north consume up to 30% of national estimate, still they get huge Allocations from Revenues derived from haram Alcohol. Haba!

You see why Unity Schools admit Aboki that score 2 out of 400? Just keep shining shoes. Or better still, visit Ezego at Ubahu.
Re: Power: FG Seeks $450m From Islamic Development Bank by vedaxcool(m): 4:23pm On Aug 05, 2013
This man should not create a new debt burden on this country. We barely escape d the last debt. Nigeria should simply recover the over one trillion naira loot from the subsidy thieves who walk freely.
Re: Power: FG Seeks $450m From Islamic Development Bank by picaro(f): 4:25pm On Aug 05, 2013
Beggar nation. we beg from everyone and everything, shamelessly. from god to man, we refuse to get to work and help ourselves, utilizing what we have for growth. we'd rather find a god to beg, or a nation to beg for help. shame! now we'd be indebted to the world, and will become their puppets cos of the huge debts we owe
Re: Power: FG Seeks $450m From Islamic Development Bank by briliantsak(m): 4:27pm On Aug 05, 2013
akereconfi: Did I hear ISLAMIC?
yeah....coz dia iz no interest when refundin bk d loan.

1 Like

Re: Power: FG Seeks $450m From Islamic Development Bank by PENMIGHT(m): 4:29pm On Aug 05, 2013
This government is only innovative in borrowing,mismanagement of funds and masquerading their gross ineptitude with caricature projects.

No fiscal discipline, no accountability.
Another Greek experience in the offing....

It was said that the VP went on Lesser Hajj. It was said that him and his team prayed for Nigeria while at Hajj. Now, they are meeting the IDB for loan while performing the rites.

While it is not abhorred to do all these, it should be noted that this does not guarantee success. What will bring positive change to our life as a Nation is changing our corrupt and deceptive mentality and exhort virtues in all fabrics of our existence.

God will not change the fortunes of a people for better unless they change that which the habour in their hearts.

1 Like

Re: Power: FG Seeks $450m From Islamic Development Bank by ckkris: 4:31pm On Aug 05, 2013
Ada Nri1: This govt. has collected too much loan already. Why don't they wait and see the projects from the chinese loan through. This just doesn't sound right. [size=30pt] Too much loan[/size]
No. Not at all. This Government has opportunity to establish previously NEGLECTED INFRASTRUCTURES -Railroads, electric power, and more. If they can borrow as much as they can, and actually set up these Infrastructures, the investments can amortize themselves, GENERATE EMPLOYMENTS, & CREATE WEALTH. There are are few examples in Nigeria,if you can recognize how Jim Nwobodo built a 5-star hotel. Ngozi is too much e.
Re: Power: FG Seeks $450m From Islamic Development Bank by avalontony(m): 4:35pm On Aug 05, 2013
i hope this is not part of the islamization of Nigeria?
Re: Power: FG Seeks $450m From Islamic Development Bank by Ibrahimmrfish(m): 4:51pm On Aug 05, 2013
Waw,islamizing Nigeria by building sea port and road.U guys have a problem.
Re: Power: FG Seeks $450m From Islamic Development Bank by Dee60: 5:01pm On Aug 05, 2013
A very retardent and clueless idea. An attempt to take Nigeria 30 years backward by people who do not even read history! Sad and same time strange thinking. Why not take the loan from one of the ministers with bloated finances, or from one of those former leaders who have said that they were so rich they do not know what to do with the riches?

About time some leaders are recalled!

1 Like

Re: Power: FG Seeks $450m From Islamic Development Bank by MrAboki: 5:04pm On Aug 05, 2013
Dee60: A very retardent and clueless idea. An attempt to take Nigeria 30 years backward by people who do not even read history! Sad and same time strange thinking. Why not take the loan from one of the ministers with bloated finances, or from one of those former leaders who have said that they were so rich they do not know what to do with the riches?

About time some leaders are recalled!

Fowl..

I hope you remember that Islamic Banking is a non-interest banking institution..
Re: Power: FG Seeks $450m From Islamic Development Bank by sunkoye: 5:06pm On Aug 05, 2013
la furia: The borrowing is seriously getting too much, if Nigeria should split, which region will be held responsible for the debts?

wow....one hell of a question!
Re: Power: FG Seeks $450m From Islamic Development Bank by Sobrit(m): 5:15pm On Aug 05, 2013
Is this bank listed on the nig stock exchange?
Re: Power: FG Seeks $450m From Islamic Development Bank by meforyou1(m): 5:34pm On Aug 05, 2013
This govt is mortgaging your children's future. And u are here happy. Countries like singapore, malaysia and dubai didn't borrow trillions of dollars to take their countries from 4th world to 1st world nations
Re: Power: FG Seeks $450m From Islamic Development Bank by FOLYKAZE(m): 5:50pm On Aug 05, 2013
I thought we took loan from China recently. From US to UK to World bank, to China and now to saudi. Hope this is not another strategy of selling the whole nation to the Arab world which will at the end turns our nation to a sharia country? But wait, despiste so many loans, yet not too much progress to show....
Re: Power: FG Seeks $450m From Islamic Development Bank by raeez(m): 6:00pm On Aug 05, 2013
pullyacap: When it becomes convenient for GEJ thru Okupe to play politics...they will use Religion and Ethnicity to further polarise us. Now nobody is shouting himself hoarse that they should not collect conditional loans from an Islamic Bank

I just hope Nigerians rise above pettiness and see things in proper perspectives instead of gullibly believing whatever the PDP churns out to deceive us

Now they are collecting money from an institution some uneducated folks would irrationally associate with extremism,fanaticism or Boko Haram

Mind u am a christian for the records!
am very sure its going to be a non-interest loan
Re: Power: FG Seeks $450m From Islamic Development Bank by tomzman: 6:51pm On Aug 05, 2013
If the money would be used for the purpose, it would be better. However, we all know the money would end up in their pockets. Nigeria! May God help us.
Re: Power: FG Seeks $450m From Islamic Development Bank by leonard509(m): 7:13pm On Aug 05, 2013
muthafuckaz!!!!!

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