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Nairaland Forum / Nairaland / General / Politics / Buhari Seeks $500m Loan For Lagos, Diaspora Bond (17234 Views)
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Buhari Seeks $500m Loan For Lagos, Diaspora Bond by Sveen: 5:40pm On Sep 29, 2015 |
President Muhammadu Buhari on Tuesday requested the House of Representatives to approve another tranche of $200million World Bank loan for Lagos State. http://www.punchng.com/news/buhari-seeks-500m-loan-for-lagos-diaspora-bond/ 3 Likes 2 Shares |
Re: Buhari Seeks $500m Loan For Lagos, Diaspora Bond by Innodon(m): 5:51pm On Sep 29, 2015 |
All this loans self .Hope they can make a good account of how it was spent. And secondly hope they have a means to pay back.....Just saying my mind on top the matter... 19 Likes 3 Shares |
Re: Buhari Seeks $500m Loan For Lagos, Diaspora Bond by niggi4life(m): 5:51pm On Sep 29, 2015 |
Jokes apart this man called Buhari is really trying to ensure this country gets back its famous name "Giant of Africa, Lagos really deserve this loan for growth and development. But abeg o Oga Ambode, for the past 100 days still counting what tangible thing have you done for/in the city of Lagos that warrant this loan sef, no go dash Tinubu and co abeg o 37 Likes 1 Share |
Re: Buhari Seeks $500m Loan For Lagos, Diaspora Bond by Firefire(m): 5:51pm On Sep 29, 2015 |
Buhari why ? Two things are involved. 1. You are either paying back in style the money invested in your campaign or 2. You are attempting to redeem your image as a result of your evil deed during Pa Lateef Jankande era of you cancelling Lagos rail project. However, the debt profile of Lagos state is getting too high, The highest debtor in Nigeria (both domestic and foreign) Lagos is now highly geared; don't tell me the Gearing Ratio is healthy compare to its liquidity. Mortgaging our future generation must stop. N160bn World Bank Loan on Light Rail Project and rail still in slow motion from Canada after 7 years of Fashola inspection. Lagos EKO Secondary School Project Loan of $137 Million USD has no impact - Gone into tin air. The school loan was followed by an approval of additional $200m to the state by World Bank to support the state reforms pertaining to fiscal sustainability, budget planning, budget execution and the investment climate. All this Millions of Dollars Loans, Bonds and several other facilities despite the state high IGR which covers about 70% of its annual budget without recording what accrue to the state for the federation accounts. Something is wrong and my people are not asking questions. 95 Likes 8 Shares
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Re: Buhari Seeks $500m Loan For Lagos, Diaspora Bond by damton(m): 5:51pm On Sep 29, 2015 |
Hope it will be judiciously used and we'll accounted for. because loan could become a burden to the government and by extension the people if not put into good use. 1 Like |
Re: Buhari Seeks $500m Loan For Lagos, Diaspora Bond by jideprof: 5:51pm On Sep 29, 2015 |
Good idea Since wey oga Jonathan no wan return our money! BTW, Lagos is resourceful and can repay the loan in time. 3 Likes |
Re: Buhari Seeks $500m Loan For Lagos, Diaspora Bond by Jackter101(m): 5:51pm On Sep 29, 2015 |
ok |
Re: Buhari Seeks $500m Loan For Lagos, Diaspora Bond by DickDastardly(m): 5:51pm On Sep 29, 2015 |
Kestohate come and relate this to tribe ........ Foooooool! 3 Likes |
Re: Buhari Seeks $500m Loan For Lagos, Diaspora Bond by miteolu(m): 5:51pm On Sep 29, 2015 |
Who is the Governor of that Lagos State 11 Likes
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Re: Buhari Seeks $500m Loan For Lagos, Diaspora Bond by Firefire(m): 5:51pm On Sep 29, 2015 |
Yow wan kill us with gbese for Lagos ni ? |
Re: Buhari Seeks $500m Loan For Lagos, Diaspora Bond by obinnajr(m): 5:51pm On Sep 29, 2015 |
E BE LIKE SAY THE ONE NLG DROP DON FINISH WETIN DEY CHOP THE MONEY, ABI NA THE LEAGUE OF APC LIARS TRAVELLING TICKET TO THE WORLD DEY CHOP AM 11 Likes |
Re: Buhari Seeks $500m Loan For Lagos, Diaspora Bond by tola9ja: 5:52pm On Sep 29, 2015 |
HMM |
Re: Buhari Seeks $500m Loan For Lagos, Diaspora Bond by baralatie(m): 5:52pm On Sep 29, 2015 |
and it piles up |
Re: Buhari Seeks $500m Loan For Lagos, Diaspora Bond by tola9ja: 5:52pm On Sep 29, 2015 |
WEST HAM ALSO LOAN MOSES AND HE IS DELIVERING FOR THEM 2 Likes |
Re: Buhari Seeks $500m Loan For Lagos, Diaspora Bond by phransix147(m): 5:52pm On Sep 29, 2015 |
He who goes a borrowing goes a sorrowing... 2 Likes |
Re: Buhari Seeks $500m Loan For Lagos, Diaspora Bond by HawksDude(m): 5:53pm On Sep 29, 2015 |
Baba I too trust you. Carry go! |
Re: Buhari Seeks $500m Loan For Lagos, Diaspora Bond by disloman(m): 5:54pm On Sep 29, 2015 |
Wowwwww.I believe n know this amount will be spent on what it is meant for.If na under gej's regime,believe mi.That will be the last time you heard about it. |
Re: Buhari Seeks $500m Loan For Lagos, Diaspora Bond by Nobody: 5:54pm On Sep 29, 2015 |
Loannnnnnnnnn |
Re: Buhari Seeks $500m Loan For Lagos, Diaspora Bond by 69MissedCalls(m): 5:54pm On Sep 29, 2015 |
why thief tinubu no give you? una dey fight? |
Re: Buhari Seeks $500m Loan For Lagos, Diaspora Bond by Liamm(m): 5:54pm On Sep 29, 2015 |
Hmm. If I talk wetin dey my mind now, the 2nd to last page would comprise of abuses directed at me. Mek I kukuma dey observe |
Re: Buhari Seeks $500m Loan For Lagos, Diaspora Bond by modath(f): 5:54pm On Sep 29, 2015 |
Eko oni baaje jooo Obaje tiii... Some prople are not going to sleep well tonight at all!! Sai baba Sai Jagaban Long live federal Republic of Nigeria. 1 Like |
Re: Buhari Seeks $500m Loan For Lagos, Diaspora Bond by jideprof: 5:55pm On Sep 29, 2015 |
phransix147: Create you say? #SMH |
Re: Buhari Seeks $500m Loan For Lagos, Diaspora Bond by Nobody: 5:55pm On Sep 29, 2015 |
more money to be embezzled |
Re: Buhari Seeks $500m Loan For Lagos, Diaspora Bond by paramedic: 5:55pm On Sep 29, 2015 |
Omg Hope this doesn't end up in a private acc belonging to a certain individual that owns the whole of southwest 4 Likes |
Re: Buhari Seeks $500m Loan For Lagos, Diaspora Bond by disloman(m): 5:55pm On Sep 29, 2015 |
baralatie:Don't you read? |
Re: Buhari Seeks $500m Loan For Lagos, Diaspora Bond by Amack(m): 5:55pm On Sep 29, 2015 |
300 million loan for diaspora bong that one na baba pocket I dey enter. 200 million for lagos in other words for thiefunubu. The true will set us free. 25 Likes 2 Shares
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Re: Buhari Seeks $500m Loan For Lagos, Diaspora Bond by atlwireles: 5:56pm On Sep 29, 2015 |
Una see unaself. |
Re: Buhari Seeks $500m Loan For Lagos, Diaspora Bond by emmanuel596(m): 5:56pm On Sep 29, 2015 |
30% of that money will go to tinubu Quote me anywhere d guy is d landlord of Lagos and ambode is his favourite dog of all his pets 17 Likes 3 Shares |
Re: Buhari Seeks $500m Loan For Lagos, Diaspora Bond by baralatie(m): 5:57pm On Sep 29, 2015 |
disloman:did you understand what you read and its implication |
Re: Buhari Seeks $500m Loan For Lagos, Diaspora Bond by Nobody: 5:57pm On Sep 29, 2015 |
"However, Buhari explained that the raise was needed to accommodate the “huge amount of capital” required to bridge the infrastructure gap in the country". REALLY!!!! so the $500m loan for Lagos state and the so called diaspora bond will now bridge the infrastructural gap in the Country? Is the FEC Meeting now abolished? 10 Likes 1 Share |
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