wristbangle:
It is good to hear. So when are they going to use the rest 89%?

Mr Illiterate next read and ask someone to explain to you before commenting .l

NextGovernor:
Propaganda and Useless government. They said 2 trillion plus have been recovered. Now they are giving 11% of looted funds recovered for 5trillion budget.

11% of 5trillion is about 500 billion plus. What about the 1.5trillion in the remaining 2trillion as claimed by EFCC. Abi them feel say everybody na zombie?

Very soon they will say Evans (Kidnapper) recovered billions will complete the remaining 89%.

Nonsense people.

May be there is a comprehension problem somewhere

The article said 11% of the 2017 budget will be financed from the recovered loots.

Succinct1:


May be there is a comprehension problem somewhere

The article said 11% of the 2017 budget will be financed from the recovered loots.

You beat me to that, dude has serious issues with comprehension.

11% of the budget to be funded from recovered loot, not that total recovered loot is 11% of the budget.

NextGovernor:
Propaganda and Useless government. They said 2 trillion plus have been recovered. Now they are giving 11% of looted funds recovered for 5trillion budget.

11% of 5trillion is about 500 billion plus. What about the 1.5trillion in the remaining 2trillion as claimed by EFCC. Abi them feel say everybody na zombie?

Very soon they will say Evans (Kidnapper) recovered billions will complete the remaining 89%.

Nonsense people.

I was going to as the total amount recovered, then press my calculator. Na themselves them dey fool.

"In our pockets to spend as we wish" that line shock me

seunmsg:
All those asking questions about the whereabout of recovered loots, I hope you have your answers now.

They recovered loots but have not successfully prosecuted anyone for looting?

With such looted funds nobody was nailed abi. Ok Kwontinu

wristbangle:
It is good to hear. So when are they going to use the rest 89%?

Oga relax. You don't understand what is written up there. To explain to you, all the loot recovered so far is enough to finance 11% of the budget. Are you cleared now? Good

NextGovernor:
Propaganda and Useless government. They said 2 trillion plus have been recovered. Now they are giving 11% of looted funds recovered for 5trillion budget.

11% of 5trillion is about 500 billion plus. What about the 1.5trillion in the remaining 2trillion as claimed by EFCC. Abi them feel say everybody na zombie?


Very soon they will say Evans (Kidnapper) recovered billions will complete the remaining 89%.

Nonsense people.

Chai! Hate does not even allow you to understand the message. Yet you said you are wise and not a zombie

olaolaking:
Oga relax. You don't understand what is written up there. To explain to you, all the loot recovered so far is enough to finance 11% of the budget. Are you cleared now? Good

Yes baba. I don take time read am well and I get the write-up well. Didn't go through it well yesterday.

Thanks. I don modify already

seguno2:
How can you finance a budget with an amount of money that you don't know?
EFCC's Magu said that he does not know the amount of money recovered during his failed confirmation hearings. So what presidency is talking about 11%?
The one of London or the cabal in Aso Rock?

leave apc and their foolish mumu followers...

The foolishness in nigeria is just too much

seunmsg:


Next time, read the news very well and understand properly before asking your question.

the padded portion of the budget by them Dogara alone is over 27% ,so FG will now take a loan from world bank to make it up for their looting prey. This is recovered to re- looted .

NextGovernor:
Propaganda and Useless government. They said 2 trillion plus have been recovered. Now they are giving 11% of looted funds recovered for 5trillion budget.

11% of 5trillion is about 500 billion plus. What about the 1.5trillion in the remaining 2trillion as claimed by EFCC. Abi them feel say everybody na zombie?

Very soon they will say Evans (Kidnapper) recovered billions will complete the remaining 89%.

Nonsense people.

Even if we dont like what they are doing sometime,it doesnt make sense to jump into conclusion without listening to hear or read what they are saying before judging them. Ok,let me help u out,11 percent they are talking about was the one that its legal tussle had been concluded,they said,they cannot lay their hand onto the recovered money which its legal tussle has not been concluded.

Realist2:




the padded portion of the budget by them Dogara alone is over 27% ,so FG will now take a loan from world bank to make it up for their looting prey. This is recovered to re- looted .

Can you provide proof that Dogara alone padded the budget by over 27%?

Izonpikin:
leave apc and their foolish mumu followers...

The foolishness in nigeria is just too much

For real? You know it is really an irony when people like you call others foolish mumu.

seunmsg:
Can you provide proof that Dogara alone padded the budget by over 27%?

If you are given proof, you will still ask for something else.
Are you not the same person who is peddling APC and Buhari lies of funding 11% of their 2017 budget that is already approved by the NASS with recovered loot that even Magu does not know the amount?
Who is the mumu here?

NextGovernor:
Propaganda and Useless government. They said 2 trillion plus have been recovered. Now they are giving 11% of looted funds recovered for 5trillion budget.

11% of 5trillion is about 500 billion plus. What about the 1.5trillion in the remaining 2trillion as claimed by EFCC. Abi them feel say everybody na zombie?

Very soon they will say Evans (Kidnapper) recovered billions will complete the remaining 89%.

Nonsense people.

Bro, maybe you didn't see this,
“Know that recoveries of looted funds are not the most dependable way to finance the budgetbecause of the legal processes that have to be concluded before it can be spent.“So, the money quoted in the budget is the one we have already recovered and in our pocket tospend as we wish.’’[i][/i]

Lies

Eazybay:
Well this is as honest as this DISHONEST govt can get!!

First it was suggested they open an acct for recovered loot, dey declined. No one has come out to give a clear figure and we all know why..

The budget would be financed mainly by BORROWING..

Second forget about dat diversification shit

There has to be peace in the Niger Delta, and the govt must have invested (bribed) a lot to keep the cash cow in good shape.. We are still oil drunk, budget of recovery indeed.

I wonder how zombies of this government are coping with their families.

Piiko:
looters are having a hard time now, things are better in terms of fiscal discipline

Lol how?

No more mindless looting. we now use a treasury single account so you can monitor expenses easily

ibkayee:

Lol how?

They should account for the loots before spending.

Piiko:
No more mindless looting. we now use a treasury single account so you can monitor expenses easily

They can still exaggerate costs or reroute funds they're given but ok it's sha an improvement, fair enough

Its a huge improvement every amount you spend is listed and verifiable not in the past where people would open fixed deposit accounts with government money, the problem now is TSA mopped up most of the free monies that bolstered our economy

ibkayee:

They can still exaggerate costs or reroute funds they're given but it's sha an improvement, fair enough

seguno2:


If you are given proof, you will still ask for something else.
Are you not the same person who is peddling APC and Buhari lies of funding 11% of their 2017 budget that is already approved by the NASS with recovered loot that even Magu does not know the amount?
Who is the mumu here?

Try and understand the subject of discussion before commenting. It's obvious from your post that you lack proper understanding of the subject.

wristbangle:



I didn't bother to read the article earlier hence my reason to jump into conclusion (my bad ) but having gone through it, I now understand clearly. It's a good move. They can't spend it all @ a goal. Transparency has been achieved now we await full implementation

APC, nigeria are scam

Lies

NextGovernor:
Propaganda and Useless government. They said 2 trillion plus have been recovered. Now they are giving 11% of looted funds recovered for 5trillion budget.

11% of 5trillion is about 500 billion plus. What about the 1.5trillion in the remaining 2trillion as claimed by EFCC. Abi them feel say everybody na zombie?

Very soon they will say Evans (Kidnapper) recovered billions will complete the remaining 89%.

Nonsense people.

your brain dey back .
The 500 billion naira is in their reach now

seunmsg:

Can you provide proof that Dogara alone padded the budget by over 27%?

l said ''them Dogara ''.
Hon. Jibrin will tell you better.