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Nairaland Forum / Nairaland / General / Politics / Gbajabiamila Rejects Jonathan’s $1billion Loan Request To Fight Boko Haram, Prof (26833 Views)
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Re: Gbajabiamila Rejects Jonathan’s $1billion Loan Request To Fight Boko Haram, Prof by smudge2079(m): 9:59am On Jul 26, 2014 |
mcfarlin:Yur fada left yansh. |
Re: Gbajabiamila Rejects Jonathan’s $1billion Loan Request To Fight Boko Haram, Prof by nagoma(m): 9:59am On Jul 26, 2014 |
Gbajabiamala should be careful . The assassins are after anyone who makes sense. 5 Likes |
Re: Gbajabiamila Rejects Jonathan’s $1billion Loan Request To Fight Boko Haram, Prof by Nobody: 10:02am On Jul 26, 2014 |
Before rushing to open his useless mouth on the floor, did Gbjabiamila study the conditions of repayment? Is he privy to the interests rate and repayment scheldule? FG is not approaching UBA at 24% lending rate. The loan may even attract zero interest and maybe attached to procuring Military hardware from the country lending us the money. If China was the lender, the conditions may necessitate that we repay zero interest over say 5 years on the condition we buy from china. Giving that we are still at the spear throwing era with respect to our local defense industry then this is a good deal. Gbjabiamila should suggest Cocoa rather than oil. Useless parasite |
Re: Gbajabiamila Rejects Jonathan’s $1billion Loan Request To Fight Boko Haram, Prof by mcfarlin(m): 10:03am On Jul 26, 2014 |
smudge2079: K noted! . |
Re: Gbajabiamila Rejects Jonathan’s $1billion Loan Request To Fight Boko Haram, Prof by dominique(f): 10:04am On Jul 26, 2014 |
kinguwem: The Hon. Member may be patriotic but is ignorant about security issues. Nigeria is at war with insurgents/terrorists. Military equipment are expensive. Already lives have been lost. Does he want more lives to be lost because of $1 billion. The legislature does oversight functions, he should tell us how previous defence budgets were spent. You mean Nigeria does not have up to $1bn in its treasury, they have to go all out and borrow? They budget 1 trillion naira a year to fight this terrorism, what have they achieved with it so far? So the only way forward is by plunging the country into further debt right? Even if you're a pdp supporter, does it mean you must always endorse their actions? 2 Likes |
Re: Gbajabiamila Rejects Jonathan’s $1billion Loan Request To Fight Boko Haram, Prof by Nobody: 10:06am On Jul 26, 2014 |
dominique: It doesnt work like that. The money in the treasury is not the same as petty cash which can be withdrawn at any short notice. The treasury reserve helps to back our paper currency. Without any money in the treasury no country will do business with us. Th treasury fund in the form of the external reserve and the excess crude account helpS to buoy our currency. |
Re: Gbajabiamila Rejects Jonathan’s $1billion Loan Request To Fight Boko Haram, Prof by shejane: 10:06am On Jul 26, 2014 |
All dis na talk, since oga jona said he want $1B he will get that Sha na pdp be majority for house and senate so y are we wasting our time. Me I kw say na him and his people will share d money Iav remove my mind from jona's money issue in dis country cos he alwys get away with anything So jona enjoy it while it last sir 4 Likes |
Re: Gbajabiamila Rejects Jonathan’s $1billion Loan Request To Fight Boko Haram, Prof by shejane: 10:07am On Jul 26, 2014 |
Oga jona no worth my saliva abeg |
Re: Gbajabiamila Rejects Jonathan’s $1billion Loan Request To Fight Boko Haram, Prof by Nobody: 10:07am On Jul 26, 2014 |
ITT: APC ROACHES COMPLAINING ABOUT $1BILLION DOLLAR LOAN FACCILITY Meanwhile APC states are the most indebted states in the federation with little or nothing to show for it. |
Re: Gbajabiamila Rejects Jonathan’s $1billion Loan Request To Fight Boko Haram, Prof by mezebel(f): 10:08am On Jul 26, 2014 |
Jonafish is using boko haram insurgency to bag nigerian money... Such a foolish strategy... dis boko boys are reserved militants,trained in malasia... 1 Like |
Re: Gbajabiamila Rejects Jonathan’s $1billion Loan Request To Fight Boko Haram, Prof by lordmayor4(m): 10:17am On Jul 26, 2014 |
kinguwem: The Hon. Member may be patriotic but is ignorant about security issues. Nigeria is at war with insurgents/terrorists. Military equipment are expensive. Already lives have been lost. Does he want more lives to be lost because of $1 billion. The legislature does oversight functions, he should tell us how previous defence budgets were spent. Do you know how much is budgeted for defence yearly, ? And do you know you can't audit defence spending now? 5 Likes |
Re: Gbajabiamila Rejects Jonathan’s $1billion Loan Request To Fight Boko Haram, Prof by Gbawe: 10:17am On Jul 26, 2014 |
philips70: Most reasonable posters have indeed 'gone on sabbatical' on Nairaland. This is why the m0r0nic rants of the illiterate Jonathanians resonate so loudly of late on this forum. 6 Likes |
Re: Gbajabiamila Rejects Jonathan’s $1billion Loan Request To Fight Boko Haram, Prof by howfarwhatagwan: 10:18am On Jul 26, 2014 |
Of course we all know what this money is for it is definitely not for fighting Boko Haram but I know sey house of rep and senate go all fall our hand na today 2 Likes |
Re: Gbajabiamila Rejects Jonathan’s $1billion Loan Request To Fight Boko Haram, Prof by Nobody: 10:23am On Jul 26, 2014 |
The foolishness on this thread is unprecedented even for nairaland Politics section standards Just as the federal budget makes provisions for expenditure either in the form of recurrent or capital so is the budget implemented to ensure savings either in the local domestic market or oversees. The latter obligatory responsibility are necessitated in order to ensure that you can have a budget the coming here. The boko haram insurgencies requires different strategy involving investment in hi-tech hardware. This is an extra-budgetary obligation that was not captured in this years budget. Do you expect the FG to dip into other sectors to fund the war on terror? Our external reserves are very low as it stands. A country like Nigeria (the largest economy in Africa) ought to have an external reserve 10 times what we have shored up. To further dip into the piggy bank will adversely affect the value of the Naira and hence lead to currency devaluation and severe inflation. This is not an option. The best option is to shop for a loan facility that will be flexible and cheap which will not affect our economy down the line. Mind you the FG will not be approaching UBA or Zenith with their cut throat lending rates but international banks or countries like China or Russia. The loan could at worst be a single digit on the high side or be zero percent. For Gbajabiamila to open his illiterate trap to suggest we use ND oil is the height of stupidity. Given that oil price can never crash if we trade our oil for cash in advance you can bet that it will be far lower than what is being sold on the international market now and anytime in the future. All you APC ROACHES should take your greasy hands off ND oil. If Nigeria disintegrates come 2015 it is the ND that will be given the bill to pay for a war caused by useless senseless abokis desperate for power and oil loot. 1 Like |
Re: Gbajabiamila Rejects Jonathan’s $1billion Loan Request To Fight Boko Haram, Prof by declaro(m): 10:32am On Jul 26, 2014 |
bonechamberlain: this is the best analysis to come out from a Nigerian senator this month.. hope he would do the same analysis if APC is in power. Jonathan continues to marvel me, does he want to tell us that we don't have ordinary 1 bill dollars Hmmm we re finished in this country as our leaders are all lacking vision. they always act like pple from another planet. [s]only a very violent revolution would save this country from the hands of aliens[/s] All that you said is OK but |
Re: Gbajabiamila Rejects Jonathan’s $1billion Loan Request To Fight Boko Haram, Prof by Emperortj93(m): 10:32am On Jul 26, 2014 |
Gej till Nigeria separate |
Re: Gbajabiamila Rejects Jonathan’s $1billion Loan Request To Fight Boko Haram, Prof by Tunguy01(m): 10:34am On Jul 26, 2014 |
Just realise where boko boys are getting der money from .., God save my ass !!!!!! |
Re: Gbajabiamila Rejects Jonathan’s $1billion Loan Request To Fight Boko Haram, Prof by smileandlove(f): 10:43am On Jul 26, 2014 |
hushmail: d truth of d matter is that d military is losing d war against BH. Am at loss when people come with this type of arguement. What type of 'refuge' is worst than mortgageing the life of all Nigerians through debts. And who is benefiting from this insurgency. Pls let's understand the points raised by this Gbaja before commenting. So much has been alotted to defence and we are not seeing on ground, is it this 1billion$ they will use well. If they must do it, physical cash should not be used. The trade by barter option is beter, let's see how they will steal the money easily. Hon Gbaja you have my surport on this. 8 Likes |
Re: Gbajabiamila Rejects Jonathan’s $1billion Loan Request To Fight Boko Haram, Prof by victor08(m): 10:47am On Jul 26, 2014 |
[size=18pt]GEJ is the man! If you have an Uncle, Father, brother, cousin or relative that can do better than Goodluck tell him to come out and contest 2015 and save Nigeria otherwise save your breath before you are banned because of insensitive comments on Nairaland. [/size] |
Re: Gbajabiamila Rejects Jonathan’s $1billion Loan Request To Fight Boko Haram, Prof by djfaithy: 10:56am On Jul 26, 2014 |
victor08:are you now trying to compare jonathan to gadhafi ? Victor do you know what you are saying at all, I wouldn't compare obasanjo to ghadafi, if it wasn't for people like gej, ghadafi would still be living, ghadafi is a hero, forget all the western media propaganda, he was a better president than gej will ever be, please compare to jonathan with mahama, then we will start from there. 6 Likes |
Re: Gbajabiamila Rejects Jonathan’s $1billion Loan Request To Fight Boko Haram, Prof by Nobody: 11:02am On Jul 26, 2014 |
Quid Pro Quo |
Re: Gbajabiamila Rejects Jonathan’s $1billion Loan Request To Fight Boko Haram, Prof by rusher14: 11:04am On Jul 26, 2014 |
victor08:Voting against someone doesn't always have to end in your preferred candidate winning. It could simply be to express your displeasure. I think it is right for all to vote regardless of the outcome. |
Re: Gbajabiamila Rejects Jonathan’s $1billion Loan Request To Fight Boko Haram, Prof by Nobody: 11:08am On Jul 26, 2014 |
When you borrow, you're indebting the future generation. We fought the civil war without borrowing a dime, so why now? With almost N1 Trillion budgeted for security alone this year- we're still in July- I do not think we should be borrowing N165billion. Thumbs up for the Minority Leader. He opposed the the proposal and provides an alternative. Let the FG go with the alternative |
Re: Gbajabiamila Rejects Jonathan’s $1billion Loan Request To Fight Boko Haram, Prof by Nobody: 11:13am On Jul 26, 2014 |
enigmaotr: When you borrow, you're indebting the future generation. We fought the civil war without borrowing a dime, so why now? With almost N1 Trillion budgeted for security alone this year- we're still in July- I do not think we should be borrowing N165billion. The Military is in shambles. The few operational hardware have all since [b]FUBAR[/b]ed. In war you need to step your game up. You are seeing the financial aspect and cost on the war, can you put a price on the life of the thousands killed so far by these lunatics? |
Re: Gbajabiamila Rejects Jonathan’s $1billion Loan Request To Fight Boko Haram, Prof by misterjosh(m): 11:27am On Jul 26, 2014 |
DEngineer: If anyone here pass through Aso-Drive in abuja. You need no prophet to tell you why GEJ and his cohort needs $1 Billion.Wats apuning there? |
Re: Gbajabiamila Rejects Jonathan’s $1billion Loan Request To Fight Boko Haram, Prof by youngice(m): 11:28am On Jul 26, 2014 |
is it me or is this man speaking our mind im beginning to hate jona ooo!!!!! 3 Likes |
Re: Gbajabiamila Rejects Jonathan’s $1billion Loan Request To Fight Boko Haram, Prof by Nobody: 11:28am On Jul 26, 2014 |
victor08:BALDERDASH! 4 Likes |
Re: Gbajabiamila Rejects Jonathan’s $1billion Loan Request To Fight Boko Haram, Prof by philips70(m): 11:29am On Jul 26, 2014 |
Gbawe: Sadly these persons are always in the majority given the fact that successive governments have deliberately kept Nigerian educational system below standard with a view to always keeping the people below elementary reasoning levels. You think it was coincidence that Wike refused to do anything about the polytechnic strike when he held sway in that ministry? They smile when they scroll through internet pages realizing they have majority of the people where they want them. Shameful. 8 Likes |
Re: Gbajabiamila Rejects Jonathan’s $1billion Loan Request To Fight Boko Haram, Prof by youngice(m): 11:30am On Jul 26, 2014 |
WombRaiders:[b]my brother if the money will actually be used for the war then we can borrow but, we all know them bastards will pocket it 1 Like |
Re: Gbajabiamila Rejects Jonathan’s $1billion Loan Request To Fight Boko Haram, Prof by youngice(m): 11:32am On Jul 26, 2014 |
djfaithy: are you now trying to compare jonathan to gadhafi ? Victor do you know what you are saying at all, I wouldn't compare obasanjo to ghadafi, if it wasn't for people like gej, ghadafi would still be living, ghadafi is a hero, forget all the western media propaganda, he was a better president than gej will ever be, please compare to jonathan with mahama, then we will start from there.a round of applause, this guys knows his history .....if not for western propaganda that man should have been given a heroes burial 4 Likes |
Re: Gbajabiamila Rejects Jonathan’s $1billion Loan Request To Fight Boko Haram, Prof by Nobody: 11:33am On Jul 26, 2014 |
If gej really loves this country and he's so keen in fighting this BokoHARAM insurgency, rather than incuring debt, he should kindly sell one of his private jets and one of diezani's. We will surely raise more than $1bn, he even have spare for his election campaign. 5 Likes |
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