IsraeliAIRFORCE:


You are confused.

What Obasanjo left in excess crude account is $9billion and the governors squandered the money.

The legality of the said account is even being challenged in court as we speak.


Please may I remind you that OBJ left our minimum wage at N7500 while it was operated at 250% increase during Jonathan's administration. This is exactly what Okonjo Iweala foresaw and instructed the government of Yar'dua on its implications.

Even the present precarious stagnation in our States is all about wage bills hence your argument is null and void as the government made visible progress in transforming all sectors of our national life.

Obiagelli:

This minimum wage excuse again?

BossTtdiamonds:


Nland's political section used to be filled with persons who bring up intelligent arguments. It's really disheartening seeing that our political section which used to be filled with intelligent minds is now being paraded by persons who are Jobless and have taken it upon themselves to make sure they derail every thread with senseless posts.
Intelligent minds like LRNZH, PassingShot, FastShipping rarely grace this section because of the silly comments and attitude of the Wailing wailers. The best we can do is to let them keep ranting and barking.. Since they derive much Joy at it

Obiagelli:
After listening to the president complain about the status of the national treasury, I thought to myself "what was baba expecting" but for the recent revelation of the Excess crude account ECA at $2 billion and LNG payment at $2 billion got me wondering how low the people can go.

In Buhari's exact words, "I met huge debts, virtually empty treasury ”

From my dictionary, definition of the word virtually
adverb
1. Almost but not quite.
2. Without exaggeration; literally In essence, but not in fact

ECA + LNG payments = $4 billion

I have read a lot from Nigerians including the leaders of the pdp saying the president lied us, I have read threads on Nairaland asking where the president is getting money for bail out from. I wonder who the real illiterate is, is it that we no longer understand simple English? should the President communicate with us in pidgin from now on?

$4 billion in savings for a country with a population of 170 million people is what? if not virtually empty treasury.

Little history

It is on record that former president Obasanjo left the country with $22 billion its excess crude account 2007, how did the Yar’Adua/Goodluck and Jonathan/sambo administration squander this savings despite record oil prices from 2010 - 2013?
our budget benchmark was $80 PB (highest) while crude oil sold for $132 (highest). Where was the excess going to?

forgive the disjointed nature of this write up.

barcanista:
You don't have to act ignorant in public. Were you in limbo when we were crying that the Governors "forced" GEJ to share the ECA? Were you on exile when NOI and GEJ were on a running battle with the Govs led by APC Amaechi because the Govs wanted the ECA? Were you not aware that the Govs went to Supreme Court to say the ECA is illegal? Were you sleeping when the Minister was saying that the ECA has been depleted (thanks to the rogues called governors)?

Finally, were you in exile when GMb agreed with the governors in principle to share the leftover $2b in the ECA?

You APC fans can be ridiculous. And for the record, Buhari didn't meet "virtually" empty treasury.

Whynotthetruth:


While Rochas augments your stipend of #10 per post on NL in his support, APC and Jagaban with the one he stole and is still stealing in Imo state