Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,152,647 members, 7,816,656 topics. Date: Friday, 03 May 2024 at 02:38 PM |
Nairaland Forum / Nairaland / General / Politics / Obiano Left 300 Million Cash But With 400 Billion Naira Debt- Governor Soludo (4420 Views)
Subsidy Removal: FG Saves ₦400 Billion In Four Weeks / How Emefiele Moved Shady ₦400 Billion To Monguno’s Office - Sahara Reporters / 5T Naira Debt: Buhari Approves Law Empowering AMCON To Access Debtors’ Account (2) (3) (4)
Re: Obiano Left 300 Million Cash But With 400 Billion Naira Debt- Governor Soludo by globemoney: 12:36pm On Mar 24, 2022 |
udele1:Please which politician campaigns with saving money in the bank, politicians campaign with building projects. If the role of govts were to save money then we dont really need Govs when we also have accountant general. If projects were not important, peter obi wont hurriedly build his next mall in abuja with out money while he couldn't complete the ones in Anambra. Obiano understood the assignment thats why he will be talked about even 100 years from now, while everyone has forgotten the audio 75 billion except people like you. Who will remind your kids obi left audio 75 billion? No one, but your kids will use Anambra Airport, ICC and when they ask who built the fantastic airport they will be told its Gov obiano. Thats legacy. We never asked Obi to invest our money in his family beer business, not everyone drinks beer, he should have been impeached for that alone. Again look at the billions he left behind without a single project https://www.sunnewsonline.com/i-inherited-n127bn-debt-from-obi-obiano/ 1 Like |
Re: Obiano Left 300 Million Cash But With 400 Billion Naira Debt- Governor Soludo by udele1: 1:14pm On Mar 24, 2022 |
globemoney: Politicians dont campaign with saving. But Nigeria depends on countries that save to borrow. Secondly obi did not just save, he invested. There is a huge difference between saving and investing. Let me give you a clear example. Instead of peter obi to build a conference center that might never be used in 4 years, he chose to invest that money in foreign bonds that pays the state in dollars yearly. The returns from those investments can be used for infrastructure. You conference center, stadium etc can will not generate enough money to build 10 kilometre road in 10 years. How much has enugu stadium generated? How many world conferences have held in Abuja in the past 4 years? He invested in Sambmiller, a world brewing giant. Eve if the economy of Nigeria is collapsing and people cant afford to drink, the company is still making sales in other countries and paying Anambra state. So looting public funds in the name of projects, has never done any state any good. Nigeria has all those legacy projects, what is the standard of living of the common man? Those countries we are going to borrow from, are those that invested and saved. Not those who looted public funds in the name of legacy project Even in the next 20 years, Obiano's legacy projects will need funds from Obi's investment to be maintained. |
Re: Obiano Left 300 Million Cash But With 400 Billion Naira Debt- Governor Soludo by globemoney: 1:53pm On Mar 24, 2022 |
udele1:Obi's funds, Obi's funds. Do you know Anambra gets FAAC monthly and IGR monthly and does not depend on Obi's audio funds. Even IF Obi or Obiano leaves 0 kobo govt will still run because FAAC and IGR is sure monthly. All the countries Nigeria go to borrow are owing trillions, America is owing trillions, china is owing trillions, UK is owing trillions.. No country grew by saving. We simply asked Obi to use our FAAC to develop the state, he went and put in the bank and was stealing the accrued interest only for him to wake up by the end of his administration and left many abandoned projects across the state. Obi's so called audio funds if at all it exists would be used to maintain his abandoned projects and pay off his over 100 billion debt with nothing to show. A shame. May such govt never happen to Anambra again. https://www.sunnewsonline.com/i-inherited-n127bn-debt-from-obi-obiano/ |
Reuben Abati Asks Peter Obi How He Manages His Girlfriends, Here Is His Reply / No More First Ladies In Nigeria / Terror Attacks ‘ll End Soon – Sultan, Borno Gov
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 40 |