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Nairaland Forum / Nairaland / General / Politics / FG Borrows N600bn Monthly To Augment Staff Salaries, Says SGF (2645 Views)
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FG Borrows N600bn Monthly To Augment Staff Salaries, Says SGF by Elose11(m): 6:56pm On Apr 12, 2016 |
Jos - The Federal Government
of Nigeria has disclosed that
its borrows internally over
N600 billion on average each
month to pay salaries of its
workforce adding that with
the way things are going
many States may not be able
to pay salaries in the next
three to four months.
The Secretary to the
Government of the
Federation, SGF, Mr. Babachir
Lawal made the disclosure
Tuesday in Jos where he
represented President
Muhammadu Buhari at the
opening ceremony of the
63rd General Church Council
meeting of the Evangelical
Church Winning All, ECWA.
He urged all faith-based
organizations and traditional
institutions to sensitize the
citizenry on the need to
exercise patience in the
hardship that is currently
being experienced by all as
stressing that though this
administration inherited a
country that was robbed to
the last coffers, it will be
revived within a short time.
The SGF lamented that the
present administration
inherited an ailing economy
that must be nurtured for
sometime before it stabilizes
and assured citizens that with
the desired cooperation, the
country would come out of
the slum and assume its
rightful place as the most
populous black nation. |
Re: FG Borrows N600bn Monthly To Augment Staff Salaries, Says SGF by Elose11(m): 7:18pm On Apr 12, 2016 |
Govt of liars by liars for the zombies! How can you claim you borrow this much to augment staff salary? In other words you could be spending 7.2 trillion naira annually on such. More than our 2016 budget of 6.07trillion. God what did Nigeria do wrong to be saddled with these incompetent fellows till 2019? 10 Likes 1 Share |
Re: FG Borrows N600bn Monthly To Augment Staff Salaries, Says SGF by phemmyutd(m): 7:24pm On Apr 12, 2016 |
Elose11: The OP is more sensible than you. Because his rubbish write up without source really worked on you 5 Likes |
Re: FG Borrows N600bn Monthly To Augment Staff Salaries, Says SGF by VOICEOFTHEMASES: 7:25pm On Apr 12, 2016 |
Hahahaha tell me we are not in trouble in dis country.. How can an SFG come out and quote a figure like dis? |
Re: FG Borrows N600bn Monthly To Augment Staff Salaries, Says SGF by CyerSeries: 7:42pm On Apr 12, 2016 |
Elose11:source? |
Re: FG Borrows N600bn Monthly To Augment Staff Salaries, Says SGF by SleekMallam: 7:45pm On Apr 12, 2016 |
May Allah save Nigeria by forcing buhari to resign. Gbawe, a sophisticated epistle is needed to spin this one. 4 Likes |
Re: FG Borrows N600bn Monthly To Augment Staff Salaries, Says SGF by Mrjo(m): 7:58pm On Apr 12, 2016 |
Why ar u eating with out surce SleekMallam: |
Re: FG Borrows N600bn Monthly To Augment Staff Salaries, Says SGF by Mrjo(m): 7:58pm On Apr 12, 2016 |
Why ar u eating with out surce? SleekMallam: |
Re: FG Borrows N600bn Monthly To Augment Staff Salaries, Says SGF by kahal29: 8:11pm On Apr 12, 2016 |
Mrjo: http://www.thisdaylive.com/index.php/2016/04/12/fg-we-borrow-n600-billion-monthly-to-augment-salaries/ |
Re: FG Borrows N600bn Monthly To Augment Staff Salaries, Says SGF by kahal29: 8:11pm On Apr 12, 2016 |
Re: FG Borrows N600bn Monthly To Augment Staff Salaries, Says SGF by drss1(m): 8:14pm On Apr 12, 2016 |
where ar d pepetual zombies who were attacking NOI for borowing to pay salaries duara zombies. 4 Likes |
Re: FG Borrows N600bn Monthly To Augment Staff Salaries, Says SGF by drss1(m): 8:15pm On Apr 12, 2016 |
which mod dey duty sef lalasticlala come see beta tory. |
Re: FG Borrows N600bn Monthly To Augment Staff Salaries, Says SGF by ideology(m): 8:18pm On Apr 12, 2016 |
Passingshot, goke7 and ngeneukwenu what do you have to say Meanwhile am so happy that Goodluck is living in "Otuoke" Lalasticlata help my laughter asap 600Billion * 12 = 1 Like |
Re: FG Borrows N600bn Monthly To Augment Staff Salaries, Says SGF by drss1(m): 8:19pm On Apr 12, 2016 |
Elose11:no mind d zombie govt. dis revelation is anoda bullet dat d so call loot recovery by buari's govt is just lies n propaganda. 1 Like |
Re: FG Borrows N600bn Monthly To Augment Staff Salaries, Says SGF by Pavarottii(m): 8:21pm On Apr 12, 2016 |
Where are d zombies that were insulting NOI 4 borrowing to pay May Salary and praised PMB 4 not borrowing to pay salaries. Zombies forgot that, the budget alone PMB is borrowing about 2trillion naira. Which wise president mortgages the future of d country like that. Better come and talk now and don't hide or forever hold ur peace. |
Re: FG Borrows N600bn Monthly To Augment Staff Salaries, Says SGF by CyerSeries: 8:24pm On Apr 12, 2016 |
Where is Oboagelli? FG is borrowing N600B on monthly basis to pay salary .. That is N7.2trillion in a year.. Hmmm only God knows what our debt rate will stand at by 2019.. 1 Like |
Re: FG Borrows N600bn Monthly To Augment Staff Salaries, Says SGF by Sibrah: 8:25pm On Apr 12, 2016 |
At that rate alone, it will N600B X 12 = N7.2T.
How will that survive in a N6.1B budget?
Someone isn't speaking plain English here . . . 1 Like |
Re: FG Borrows N600bn Monthly To Augment Staff Salaries, Says SGF by Mrjo(m): 8:30pm On Apr 12, 2016 |
Chai! I weep for this nation. kahal29: |
Re: FG Borrows N600bn Monthly To Augment Staff Salaries, Says SGF by Nobody: 8:32pm On Apr 12, 2016 |
Sibrah:That is to tell you how stupid pdp is at lying |
Re: FG Borrows N600bn Monthly To Augment Staff Salaries, Says SGF by CyerSeries: 8:36pm On Apr 12, 2016 |
IyaIode:is SGF PDP? |
Re: FG Borrows N600bn Monthly To Augment Staff Salaries, Says SGF by Luckylife(m): 8:38pm On Apr 12, 2016 |
Elose11:Many are asking the same question, are our sins greater than that of Canaanites. We all hope God will touch him and change the changer. |
Re: FG Borrows N600bn Monthly To Augment Staff Salaries, Says SGF by CyerSeries: 8:40pm On Apr 12, 2016 |
Lalasticlala, mynd44, Seun, front page please! Olatunji21 stop viewing, talk something |
Re: FG Borrows N600bn Monthly To Augment Staff Salaries, Says SGF by Nobody: 8:45pm On Apr 12, 2016 |
CyerSeries:Am surprised myself 600billion monthly is way too much....Hopefully he's wrongly quoted... |
Re: FG Borrows N600bn Monthly To Augment Staff Salaries, Says SGF by CyerSeries: 8:48pm On Apr 12, 2016 |
olatunji21:keep praying! |
Re: FG Borrows N600bn Monthly To Augment Staff Salaries, Says SGF by stevecantrell: 8:50pm On Apr 12, 2016 |
Six tenths of a trillion EVERY month ? Lies !!! |
Re: FG Borrows N600bn Monthly To Augment Staff Salaries, Says SGF by CyerSeries: 8:51pm On Apr 12, 2016 |
ideology:Bros abeg tag wailers let's do justice to this thread! |
Re: FG Borrows N600bn Monthly To Augment Staff Salaries, Says SGF by Nobody: 8:52pm On Apr 12, 2016 |
CyerSeries:Pdp is the source |
Re: FG Borrows N600bn Monthly To Augment Staff Salaries, Says SGF by myola(m): 8:52pm On Apr 12, 2016 |
APC in general have problem with calculation and figure, they just opened mouth to mention figures |
Re: FG Borrows N600bn Monthly To Augment Staff Salaries, Says SGF by tinkinjow: 8:55pm On Apr 12, 2016 |
#600bn monthly? Do people really know what they are saying or writing?
*sighs |
Re: FG Borrows N600bn Monthly To Augment Staff Salaries, Says SGF by henryutd(m): 9:05pm On Apr 12, 2016 |
No wonder Ajala couldn't stay at home. |
Re: FG Borrows N600bn Monthly To Augment Staff Salaries, Says SGF by ideology(m): 9:27pm On Apr 12, 2016 |
CyerSeries:you know them pass me, am just here to laugh, mynd won't take this front page |
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