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Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / Saudi Arabia Seeks $6-8 Billion Loan To Shore Up State Coffers (15966 Views)
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Re: Saudi Arabia Seeks $6-8 Billion Loan To Shore Up State Coffers by cheaperstores: 10:40am On Mar 10, 2016 |
Some of you have cottonwool brains and can reason objectively.Does Saudi run same economy as ours.What is our strength or wat do we have as a nation compared to Saudi.. Saudi have infrastructures,govt is accountable and trusted,pple are housed,have light,is a major oil producer,huge reserve and cannot get a" slave loan" like Nigeria. Will it not sound right if PMB gets loan targeted at say agric,industrial city detailing how much,location,break-even stage,number of employment,revenue to govt,and repayment. I am very sure such loan will be used tto fund 3.9bln aso clinic,1.83bln feeding,795mln website,or 4.7bln cars. We have enuff crises and corruption shd not be at forefront but economic blueprint.Let corrupt persons go and face charges while you face economic recovery. But truth be said,your hero lacks geniuses we need because integrity is not enuff to rule a nation. Jst surprised the way some of us think and we ought to know better.We r better educated,exposed and have understanding than years past. God bless Nigeria anigbajumo: |
Re: Saudi Arabia Seeks $6-8 Billion Loan To Shore Up State Coffers by Kingspin(m): 11:05am On Mar 10, 2016 |
fulanimafia:You will soon blame Jonathan for creating you. And if oil is not in your village why not keep quiet and look for other means to feed. |
Re: Saudi Arabia Seeks $6-8 Billion Loan To Shore Up State Coffers by omolola15(m): 11:23am On Mar 10, 2016 |
erico2k2: How do you plan to act. |
Re: Saudi Arabia Seeks $6-8 Billion Loan To Shore Up State Coffers by Ijaya123: 12:05pm On Mar 10, 2016 |
1Dray: You must had a very terrible upbringing. You can't make comment without hurling insult. What a pity. |
Re: Saudi Arabia Seeks $6-8 Billion Loan To Shore Up State Coffers by Nobody: 12:06pm On Mar 10, 2016 |
wilcox: All oil producers end up borrowing when prices of fuel go down. The Saudis need oil to be at $80 per barrel to balance the books. They have $600bn in their savings account....but consider that that is down from $724BN a year ago....and the difference was mostly spent on propping up their currency. Nigeria needs oil to be at $123 per barrel to balance the books. That is why GEJ never borrowed, but PMB has to borrow. GEJ benefited from high oil prices, PMB came in with oil prices below $50 and dropping. Even now...at $41 yesterday.....Nigeria still needs money. At least we are not in the state oil producer Venezuela is in. High inflation, and queues for toilet roll. 1 Like |
Re: Saudi Arabia Seeks $6-8 Billion Loan To Shore Up State Coffers by phemybof(m): 12:13pm On Mar 10, 2016 |
siraj1402: |
Re: Saudi Arabia Seeks $6-8 Billion Loan To Shore Up State Coffers by happney65: 12:14pm On Mar 10, 2016 |
omolola15: I would not have said anything against Mr Bubu if the price of Oil started falling immediately he came into power..But for goodness sake the fall in the price of oil started way back before GEJ left power...he left it at $50 per barrel..right now it is 38$ just a difference of $12 and the ode president does not know what to do..I just imagine and wonder if you fans of he's get any sense at all.. GEJ had a lost of over $70 yet nothing became as worse as we are experiencing now..You make comparism with us and Saudi,wetin concern us with Saudi?Shey na today Countries dey borrow money nii?China dey borrow from the US and vice versa so what is the big deal if Saudi decides to borrow money abi na today them dey borrow. You Fans of Mr foolish always looking for ways to justify he's foolishness..Right now there is fuel scarcity,epilectic power supply and yet you still think the ball does not stop at he's tabl and you think you will to keep.on blaming external forces..He is still doing the same things done by GEJ..spending over a Billion on Food in Asorock..Spending over a Million Dollars on each foreign trip..Still keep the same type.of Presidential Airfleet GEJ kept.. As Yoruba would say,Na person wey no get anything to do would keep on coming up with excuses every now and then..Lest I forget,Your President was not involved in any business since he left govt as he is so daft he cannot manage a business,so what do you expect,Una just start nii,by 2019 Una go dey queue foe ordinary Salt..Eyin Oloshi gbogbo |
Re: Saudi Arabia Seeks $6-8 Billion Loan To Shore Up State Coffers by erico2k2(m): 1:19pm On Mar 10, 2016 |
omolola15:Do what we do best wail 1 Like |
Re: Saudi Arabia Seeks $6-8 Billion Loan To Shore Up State Coffers by omolola15(m): 1:27pm On Mar 10, 2016 |
erico2k2: Looool |
Re: Saudi Arabia Seeks $6-8 Billion Loan To Shore Up State Coffers by anigbajumo(m): 1:47pm On Mar 10, 2016 |
cheaperstores: Shut up!! What we need is effective management.Am sure PMB will try his best on it.u cnt compare former govment dat lack good accountability nd transparency with this present govment...... |
Re: Saudi Arabia Seeks $6-8 Billion Loan To Shore Up State Coffers by Adesiji77: 3:23pm On Mar 10, 2016 |
This is interesting... In spite of their acclaimed foreign reserves? |
Re: Saudi Arabia Seeks $6-8 Billion Loan To Shore Up State Coffers by amagunnerfan: 4:05pm On Mar 10, 2016 |
erico2k2:Was it the sharing that affected the foreign reserve too? And what exactly did GEJ do to FG's share from the excess crude account. |
Re: Saudi Arabia Seeks $6-8 Billion Loan To Shore Up State Coffers by justmenoni: 4:54pm On Mar 10, 2016 |
And D campaign funds for apc wasn't from oil Abi? Perhaps it was from cocoa and groundnut... Keep on blaming gej while he keeps on soaring high. fulanimafia: |
Re: Saudi Arabia Seeks $6-8 Billion Loan To Shore Up State Coffers by erico2k2(m): 7:09pm On Mar 10, 2016 |
amagunnerfan:Erme was it not the reserve that was shared? Abi U nor dey the country then? |
Re: Saudi Arabia Seeks $6-8 Billion Loan To Shore Up State Coffers by erico2k2(m): 7:09pm On Mar 10, 2016 |
justmenoni:Nah Bro from Kano meat. |
Re: Saudi Arabia Seeks $6-8 Billion Loan To Shore Up State Coffers by amagunnerfan: 7:12pm On Mar 10, 2016 |
erico2k2:The excess crude account was shared not the foreign reserve. |
Re: Saudi Arabia Seeks $6-8 Billion Loan To Shore Up State Coffers by justmenoni: 7:22pm On Mar 10, 2016 |
Re: Saudi Arabia Seeks $6-8 Billion Loan To Shore Up State Coffers by Tinyemeka(m): 8:37pm On Mar 10, 2016 |
fulanimafia: You are a Fulani so it's expected that you would defend your kin. Meanwhile what's your response to the sacrilegious massacre committed at Agatu? |
Re: Saudi Arabia Seeks $6-8 Billion Loan To Shore Up State Coffers by wilcox(m): 9:32pm On Mar 10, 2016 |
MrPresident1:Believe me, you are a genius in mathematics, your brain must be as hot as the hottest thing that ever exist. I remove my cap for you. Call us a WAILER , I will personally answer for all. |
Re: Saudi Arabia Seeks $6-8 Billion Loan To Shore Up State Coffers by wilcox(m): 9:34pm On Mar 10, 2016 |
MrPresident1:Believe me, you are a genius in mathematics, your brain must be as hot as the hottest thing that ever exist. I remove my cap for you. Let them call us a WAILER , I will personally answer for all. 1 Like 1 Share |
Re: Saudi Arabia Seeks $6-8 Billion Loan To Shore Up State Coffers by cheaperstores: 11:28am On Mar 11, 2016 |
because you r a diehard,I don't expect yu to think straight. TSA,BVN,Fed payroll system, and so much more r credited to GEJ admin.in PMB 4 yrs I am sure GEJ will be blamed for inefficiency.Go and ask DeleMomodu,Pat Utomi,Soyinka. See PMB statement before and wat does he have to say now.wen u r watching from sideline u think u can do it all abi? anigbajumo post=43646380
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