Firefire:
datolee how you dey now?

I beg no comment here this post is just a caricature

Firefire:


dem never see anything.

I am monitoring them to give them a hot chase.

we shall meet Fire for Fire

Truth to counter their many lies

Accuracy to cover their fabrications and caricatures

Nigeria: how to lose $35bn


http://www.theguardian.com/world/2012/nov/13/nigeria-oil-corruption-ridabu

Ngwakwe:


You just swallowed the lies as if the said report is not for Federal, State and Local Government and moreover the minimum wage in this republic eclipses the combined obtainable in previous Administrations.


The article is not worth analysing as it contains much errors and makeup data.

Below is information you may need

emiye:


You showed crude oil production, but not the price per barrel.


Jonathan had an oil boom. You have no point man

arresa:
UK Prime Minister, Cameron asks Jonathan to account for $100 billion oil money





See how the useless and corrupt man was openly ridiculed in front of the world...smh...

Ngwakwe:



I will soon give it to you

Ngwakwe:



Obasanjo's second term Oil production and prices are almost the same with GEJ's figures let alone OBJ's first term + Yardua's era

Firefire:


Nigeria will only grow when opposition are making constructive criticisms.


The brand of opposition we got in Nigeria are people full of hatred with the sole aim to grab power by all means.

Nigerians are wiser.

I rarely engage them with facts because I know they already form a hateful opinion in their gullible minds.

They know the TRUTH but refused to allow the TRUTH to set them FREE

arresa:




Nigeria to Sign Off on $3 Billion in Chinese Loans

Jul 3, 2013 - Nigerian President Goodluck Jonathan will travel to China next week to sign off on $3 billion in Chinese loans


http://www.voanews.com/content/nigeria-chinese-loans/1694725.html


You can not even keep track of all the China loans...

China Grants $1.1bn Loan to Oil-Rich Nigeria - IBTimes UK




http://www.ibtimes.co.uk/china-nigeria-loan-goodluck-jonathan-infrastructure-489075

Nigeria, China sign $500m loan deal for new airports


http://www.dailytrust.com.ng/daily/business/579-nigeria-china-sign-500m-loan-deal-for-new-airports

Ngwakwe:



Obasanjo's second term Oil production and prices are almost the same with GEJ's figures let alone OBJ's first term + Yardua's era

Ngwakwe:


You just swallowed the lies as if the said report is not for Federal, State and Local Government and moreover the minimum wage in this republic eclipses the combined obtainable in previous Administrations.


The article is not worth analysing as it contains much errors and makeup data.

Below is information you may need

Firefire:
datolee how you dey now?

I beg no comment here this post is just a caricature

Housing: FG secures N935bn loan from China

Determined to ameliorate the nation’s housing deficit, the Federal Government said it had commenced discussion with China Export and Credit Insurance Corporation, SINOSURE, and International Commercial Bank of China, ICBC, to source for a loan of N936 billion, to fund housing development in Nigeria.

http://www.vanguardngr.com/2013/06/housing-fg-secures-n935bn-loan-from-china

datolee:

2. He failed to also state the expenditure of these governments within those time frame. I will give a little explanation here... [size=15pt]Do you know that the budget of Lagos state Nigeria in 2014 (N489.69billion) is more than Nigeria's federal budget in 1997 (N243 billion) and 1998 (N240.5 billion) combined?[/size]

Why is that when people talk about revenue (not oil sales) in various governments, they find it convenient not to talk about the expenditure?

3. Let us assume for one moment that the writer is true with his $500 billion revenue, have he told us what state and local governments got from this amount? Let take another analogy here, I will take 4 states

In 2005, the budget of Ogun state was N40.55 billion, in 2014, the budget is N210.21 billion

For state like Imo, the 2005 budget was 35.7 billion while the 2014 is 137 billion naira

River state was 144 billion in 2005 and 485 billion in 2014

Kano state was 41.6 billion in 2005 and N219.2 billion in 2014


In conclusion, if the writer wants to know what happened to his crude oil sales of $500 billion, maybe he should ask his governors and Local government councils!

arresa:


The useless man even borrow money to build houses...What a sad shame...

datolee:
Heaven have mercy on us with the type of analysts we have in this country...Anyway, since it is coming from SR, i know it's for one purpose only (Everybody can remember when that Adeola was reading out outright lies as achievement of Buhari) but the truth will always prevail.

The writer of this piece should just hide his head in shame... lets do little analogy here.

Obiagelli:

Stop all these clever by half analysis, Nigeria gets 60% of oil revenue, it has remained same under the governments in review.

The Federal government gets 51% of income shared and its the same formula under these governments.

Its left to Nigerians to judge the level of expenditure and those that were stolen.

datolee:


Sorry Sir, but are you alright at all?

Here is what your link said

Kumo who said the loan which will be provided under a single digit, stressed further that it shall be given directly to Chinese Construction firms on installmental basis of $1.5 billion, who are to build the houses under the supervision of FMBN

He explained further that, FMBN’s responsibility shall be to create mortgages over the housing units, collect mortgage repayments and use the proceeds of the repayments to payback the loan over the tenure of the facility.

You can do better than this.

Obiagelli:

Nigeria is child's play compare to opposition in the us, France or Greece.

emiye:



You are either a liar or ignoramus.


As at May 2007, the price of Brent crude oil was 65dollar per barrel, there were much lower prices before then, In fact the beginning of that year brent crude was below 60 dollars per barrel

datolee:


Boss, I hail oh.. The problem is that if we continue being silent of these outright lies, the people on the street will take it as truth.. we must educate our people.

I do not object to parties campaigning, but lying must be kept out of it

datolee:


In that case, why is the writer asking where is $500 billion as if the the total crude oil sales goes into the federal account. Like I have said, it would have been more appropriate for the writer to state the revenue and expenditure under those presidents... if you like their budget performance then we can compare

He just wrote $500 billion as oil revenue therefore, GEJ have stolen $500 billion without telling us the amount that was shared to the stateS and LGCs

Just this week, your governors called for the withdrawal and sharing of $2 billion from ECA.. later you people will be accusing the FG of depleting the ECA

Firefire:

...If true, must Africa copy and paste to live

Truckpusher:
The speed at which they lie is something that beats my imagination and the moment you hit them with the truth they resort to verbal insult thinking we would be afraid of their blood dripping mouth that can't just stop because of lies that defies logic.

We'll chase them till February ,exposing all their lies.
Mutherfuckers