Edo state govt will spend 20Billion naira to service $17billion dollars debt only in 2014.
This was discussed yesterday on ITV Benin, a weekly program politics today.

I was really surprised Edo State debt is that huge.

at that rate Oshomole has declared all of Edo to go and die in debt.

By the way what has he done with $17bn?

This is U.S. dollars we are talking of here , right?

Watch this video recorded 2ndof Jan. http://m.youtube.com/watch?feature=player_detailpage&v=5Z1E8Vh54xw&desktop_uri=%2Fwatch%3Ffeature%3Dplayer_detailpage%26v%3D5Z1E8Vh54xw

iluvnaija: Watch this video recorded 2ndof Jan. http://m.youtube.com/watch?feature=player_detailpage&v=5Z1E8Vh54xw&desktop_uri=%2Fwatch%3Ffeature%3Dplayer_detailpage%26v%3D5Z1E8Vh54xw

So osho-omo-ole has borrowed 17bn dollars plus IGR and Federal Allocations!

These APC guys make Igbenedion look like petty pick-pocket

I do not have the time to watch the video, who borrowed him that outrageous sum. Edo state can't finance that loan. If it is true then oshiomole has failed as there is nothing on ground that matches that sum.

Hahaha!

In terms of stealing. Lucky igbenedion administration is better in my opinion because lucky did not increase hardship with huge taxes and federal allocation is small compare to wat is coming now and also we were not in huge debt when he left.

2014 budget is 159.2billion naira. 2013 was about 154.3billion naira. For about 5 years now Edo budget is from 150. Can some one show me where all the money is going to?

http://m.youtube.com/watch?feature=player_detailpage&v=5Z1E8Vh54xw&desktop_uri=%2Fwatch%3Ffeature%3Dplayer_detailpage%26v%3D5Z1E8Vh54xw

APC should adopt vacuum cleaners as their logo since they can siphon money more than any other political group

iluvnaija: Edo state govt will spend 20Billion naira to service $17billion dollars debt only in 2014.
This was discussed yesterday on ITV Benin, a weekly program politics today.

I was really surprised Edo State debt is that huge.

What would you expect ? Lucky Igbenedion's mansion was no joke. Mansion wey dey compete with Oba palace for fence length. That guy robbed Edo silly.

.

GEJ is incompetent walahi. Thank God APC will displace him come 2015.

Worwor: GEJ is incompetent walahi. Thank God APC will displace him come 2015.

did you even read the original post or the topic before you began your normal trademark ret@rded analysis?

Huge lie or misinformation. Nigeria's total debt is not much more than that. The mos indebted State in Nigeria is Lagos and it is not more than $2billion.

abagoro: Huge lie or misinformation. Nigeria's total debt is not much more than that. The mos indebted State in Nigeria is Lagos and it is not more than $2billion.

So you mean the station discussed lies with invited guest who have no clue about the said amount.

Read post properly before posting clueless comments. Edo state 2014 budget is 159.2 billion and it was read in my presence live at the Edo State House of Assembly and 20billion naira is to service the above mentioned debt. Find out facts before posting clueless comments here.

Edo people brought this monster on themselves..

Next time learn to vote out the Islamic Yorobar Party- APC. That party is synonymous with backwardness, mountain of loans, media hype etc..

For me is not about the party but personality. Oshiomhole disappointed many of his fans, i voted him first term and never did the second term because 6months into his first term I discovered he is not the person he claimed to be. I started seeing things I wasn't happy about.

When are we going to get leaders who really and truly care about who dey govern? The problem we are having with leadership in Nigeria is they have no love for this country, they strongly believe we are not united it's not as if they don't know what do but they have no love for Nigeria.

Past American leaders love their country so much, they put the welfare of their citizens first. Americans are so proud of their country because their leaders did not fail them.

Can somebody tell me what to be proud of in Nigeria? Nothing!