Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,153,989 members, 7,821,438 topics. Date: Wednesday, 08 May 2024 at 12:58 PM

Nigeria Budgets For Suvs, Villas Amid Cost-of-living Crisis - Bloomberg - Politics (3) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Nigeria Budgets For Suvs, Villas Amid Cost-of-living Crisis - Bloomberg (10893 Views)

Toronto Star:Nigeria Budgets For Suvs & President’s Wife While Millions Struggle / Uzodinma Gifts Imo Judges 20 SUVs (Photos) / Reps Reject Innoson Suvs As Official Vehicles (2) (3) (4)

(1) (2) (3) (4) (Reply) (Go Down)

Re: Nigeria Budgets For Suvs, Villas Amid Cost-of-living Crisis - Bloomberg by ItisWell22(f): 8:32am On Nov 03, 2023
miniziter:
Waiting patiently for APC dogs to come and defend. Let's even take a look at APC logo and ask yourself if this guys use broom in their various houses and offices. But when it is time for campaign they use it and leave it for their gullible followers.

As much as I don’t like to use abusive words, but 1 big, shameless F U U U L, rather than hide in shame with weeping, and think through and through if he ever really loved Nigeria (as he always litters around FP) or just been a double bigot; is already trying to squeeze LP into it. 😢😟

God help US! 🙏🤲😢

1 Like

Re: Nigeria Budgets For Suvs, Villas Amid Cost-of-living Crisis - Bloomberg by Hueyreckless0007: 8:34am On Nov 03, 2023
First day in office, baba turn country upside down.

Telling the poor masses to endure, while he buys Luxurious cars for his wife.


Lol.

2 Likes 1 Share

Re: Nigeria Budgets For Suvs, Villas Amid Cost-of-living Crisis - Bloomberg by naturefellow(m): 8:35am On Nov 03, 2023
TemplarLandry:
grin
only madmen grin when nothing is funny

1 Like

Re: Nigeria Budgets For Suvs, Villas Amid Cost-of-living Crisis - Bloomberg by Day169: 8:38am On Nov 03, 2023
PussyKing:


People like you believe everything

Get tested for brain issues
Hahaha.. but your moniker already exposes all you've got in yours. cheesy
SMH!
Re: Nigeria Budgets For Suvs, Villas Amid Cost-of-living Crisis - Bloomberg by Angelfrost(m): 8:42am On Nov 03, 2023
HenryThegreat1:
See the kind of news international paper is reporting from Nigeria, and you will expect foreign investors?

Foreign Investors indeed...

Even without the news, the reality on ground is more than enough deterrent for coming businesses.

The ones that have left in droves are enough to warn others from coming.

What else would make Facebook, Amazon, Google, and other tech giants avoid a whole Giant of Africa?!!

Nigeria and Nigerians are not ready for progress!

2 Likes

Re: Nigeria Budgets For Suvs, Villas Amid Cost-of-living Crisis - Bloomberg by year2013: 8:43am On Nov 03, 2023
Nothing is working.

Full time agricultural thing is ringing seriously on my mind. cool

Same to me bro

1 Like

Re: Nigeria Budgets For Suvs, Villas Amid Cost-of-living Crisis - Bloomberg by Angelfrost(m): 8:45am On Nov 03, 2023
Chicagograduate:
If Tinubu seek another loan from imf and world Bank they will grant him.Like,does the IMF and world Bank officials who approved these loans received kickbacks from the Nigerian politicians?They cannot say they are not aware that these loans are mismanaged and misappropriated by these polithiefcians.
What about the official cars purchased by previous administration?Did they go away with government properties?Why can't Tinubu order all the cars taken away by Buhari and his cabinets and outgoing lawmakers to be returned instead of buying new ones?Who swear for this country?

It's all business to them...

Loan servicing (high interests) is where they make serious returns at the very expense of the nation's growth and future.

2 Likes 1 Share

Re: Nigeria Budgets For Suvs, Villas Amid Cost-of-living Crisis - Bloomberg by Angelfrost(m): 8:47am On Nov 03, 2023
udemzyudex:
After them go beg country wey dem borrow money from to forget about the money, imagine say those countries dey see this kind news?

Write off Nigeria's debts today, I mean 100% debt forgiveness... It will take APC less than 6 years to plunge the nation into bigger debts.

1 Like 1 Share

Re: Nigeria Budgets For Suvs, Villas Amid Cost-of-living Crisis - Bloomberg by maryscotland: 8:49am On Nov 03, 2023
But I thought they said they are very wealthy, the Madam has no security car before? Wonder shall never end. We move

1 Like

Re: Nigeria Budgets For Suvs, Villas Amid Cost-of-living Crisis - Bloomberg by slowice(m): 9:10am On Nov 03, 2023
A dying country was handed to established criminals as compensation and you expect them to work for Nigerians... Dey play

1 Like

Re: Nigeria Budgets For Suvs, Villas Amid Cost-of-living Crisis - Bloomberg by shinealight(m): 9:13am On Nov 03, 2023
Bulldozer90:
Time to go our separate ways

Indeed, the time has even passed….when more than half of the populace are peddlers of unsavoury news that can only portray the country in bad light and destroy the nation economically. To Thy Tents O’ Israel. cool cool
Re: Nigeria Budgets For Suvs, Villas Amid Cost-of-living Crisis - Bloomberg by phorget(m): 9:21am On Nov 03, 2023
firearcher:


Slow down on the accusations. Do you have very good knowledge of the borrowing process? I do and it isn't what you described.


So it's now a bragging right to know the process for borrowing?...

1 Like

Re: Nigeria Budgets For Suvs, Villas Amid Cost-of-living Crisis - Bloomberg by themanderon: 9:25am On Nov 03, 2023
Chicagograduate:
If Tinubu seek another loan from imf and world Bank they will grant him.Like,does the IMF and world Bank officials who approved these loans received kickbacks from the Nigerian politicians?They cannot say they are not aware that these loans are mismanaged and misappropriated by these polithiefcians.
What about the official cars purchased by previous administration?Did they go away with government properties?Why can't Tinubu order all the cars taken away by Buhari and his cabinets and outgoing lawmakers to be returned instead of buying new ones?Who swear for this country?



They grant them the loans while the government officials steals it and returns the same money to them for safekeeping and then go back to borrow the same money again and the cycle continues. It's a vicious cycle perpetuated by the criminal elites and their foreign puppet masters.
Don't you know Nigeria is Britain and the West's puppet? Or did you not see the way Britain quickly approved the sham inec conducted as free and fair while the rest of the world had misgivings? That's why we keep making billions in oil sales, yet they go cap in hands to borrow trillions. It's a racket played against the people because they will be made to repay from increases in taxes, electricity tariffs, increases in fuel prices, etc. Nigerians will perpetually remain poor because of these devils we have as leaders.

2 Likes

Re: Nigeria Budgets For Suvs, Villas Amid Cost-of-living Crisis - Bloomberg by jojothaiv(m): 9:28am On Nov 03, 2023
Awon to stupid...
Re: Nigeria Budgets For Suvs, Villas Amid Cost-of-living Crisis - Bloomberg by dkidd: 9:40am On Nov 03, 2023
We done really enter one chance this time around... This na shege banza promax grin

If na Uganda u fit hustle make u remove ooo. I can't imagine how the coming months will be like

1 Like

Re: Nigeria Budgets For Suvs, Villas Amid Cost-of-living Crisis - Bloomberg by Henry22(m): 9:54am On Nov 03, 2023
International disgrace and embarrassment grin

1 Like

Re: Nigeria Budgets For Suvs, Villas Amid Cost-of-living Crisis - Bloomberg by Theweekend: 10:21am On Nov 03, 2023
Elinosweet143:
It is well....
all is not well o
Re: Nigeria Budgets For Suvs, Villas Amid Cost-of-living Crisis - Bloomberg by nedekid: 10:40am On Nov 03, 2023
yarimo:
grin grin
Is that your problem now? Must every thing be petty?.
My friend grow up for goodness sake. undecided

1 Like

Re: Nigeria Budgets For Suvs, Villas Amid Cost-of-living Crisis - Bloomberg by Princedapace(m): 10:45am On Nov 03, 2023
As long as the masses do not protest to demand for a stop to this, politicians will keep doing it and u guys voting them back.
If i tell u that they swear for black race, especially, Nigerians, Im not lying!
U keep voting them in and they will keep doing what they did before that u didnt revolt!
Opposition parties and labour union can hold protests demanding that politicians cut down on their salaries and allowances, put an end to puchase of these rubbish SUVs they do every 4 years!
Completely change our electtoral systems!
Politicians only understand protest!
If u look at the countries u all run to for JAPA, go and check the history of their portests, labour unions oppossion parties all held massive protests demanding for changes to these things!

No body will give up horney on a platter of gold!
Nigerian politicians enjoy massively from the current system and can never ever give it up if we dont demand them to.
If cant get to the level politicians will be scared of the masses, nothing can ever change!
Unfortunately, there are agents hired by these politicians who come and attack comments like this! They are paid poorly too but that salary is their life.
Re: Nigeria Budgets For Suvs, Villas Amid Cost-of-living Crisis - Bloomberg by nedekid: 10:45am On Nov 03, 2023
themanderon:




They grant them the loans while the government officials steals it and returns the same money to them for safekeeping and then go back to borrow the same money again and the cycle continues. It's a vicious cycle perpetuated by the criminal elites and their foreign puppet masters.
Don't you know Nigeria is Britain and the West's puppet? Or did you not see the way Britain quickly approved the sham inec conducted as free and fair while the rest of the world had misgivings? That's why we keep making billions in oil sales, yet they go cap in hands to borrow trillions. It's a racket played against the people because they will be made to repay from increases in taxes, electricity tariffs, increases in fuel prices, etc. Nigerians will perpetually remain poor because of these devils we have as leaders.
That is why China is better. They give you loans for fixed projects. Their engineers come down to build the infrastructure along with local hands. At the end of the day, you see what the loan was used for.
On the other hand, the western countries as you rightly discribed, will give the loans in cash, then encourage politicians to steal and return the money to their western banks. At the end of the day, you jeep paying back loans without any thing on ground.
Re: Nigeria Budgets For Suvs, Villas Amid Cost-of-living Crisis - Bloomberg by Image123(m): 10:45am On Nov 03, 2023
Chicagograduate:
If Tinubu seek another loan from imf and world Bank they will grant him.Like,does the IMF and world Bank officials who approved these loans received kickbacks from the Nigerian politicians?They cannot say they are not aware that these loans are mismanaged and misappropriated by these polithiefcians.
What about the official cars purchased by previous administration?Did they go away with government properties?Why can't Tinubu order all the cars taken away by Buhari and his cabinets and outgoing lawmakers to be returned instead of buying new ones?Who swear for this country?

Unfortunately, it's approved since OBJ administration. Cars are for 4years, they must be changed and new ones purchased. It's part of the perks of the offices, not just president but down to even some commissioners and kings.
Re: Nigeria Budgets For Suvs, Villas Amid Cost-of-living Crisis - Bloomberg by soccerlite: 10:55am On Nov 03, 2023
chatinent:
Some people will still defend this and go back to trekking 40km to work everyday.

Who told you they have work


Which work will employ bigots, people with very minute intelligence
Re: Nigeria Budgets For Suvs, Villas Amid Cost-of-living Crisis - Bloomberg by sunshineV(f): 10:56am On Nov 03, 2023
Chicagograduate:
If Tinubu seek another loan from imf and world Bank they will grant him.Like,does the IMF and world Bank officials who approved these loans received kickbacks from the Nigerian politicians?They cannot say they are not aware that these loans are mismanaged and misappropriated by these polithiefcians.
What about the official cars purchased by previous administration?Did they go away with government properties?Why can't Tinubu order all the cars taken away by Buhari and his cabinets and outgoing lawmakers to be returned instead of buying new ones?Who swear for this country?
lol our think tinubu will return the ones he ordered as president? they all come to loot and elope with our wealth. the next one will do the same. very unfortunate people

1 Like

Re: Nigeria Budgets For Suvs, Villas Amid Cost-of-living Crisis - Bloomberg by soccerlite: 10:59am On Nov 03, 2023
HenryThegreat1:
See the kind of news international paper is reporting from Nigeria, and you will expect foreign investors?


International news paper should not report it

Abi explain

So if you are investor you will bring your business into a place without available infrastructure, security and rule of law

A place where politics is the most lucrative venture
Re: Nigeria Budgets For Suvs, Villas Amid Cost-of-living Crisis - Bloomberg by Blaqpsalm(m): 11:21am On Nov 03, 2023
Nothing is working in this country…

I just tire, any 5k wey I make by next week, make I use ham process my traveling to Canada
Re: Nigeria Budgets For Suvs, Villas Amid Cost-of-living Crisis - Bloomberg by Banbanna(m): 11:47am On Nov 03, 2023
If Nigeria is being run strictly like a private company it would have been the case that the official cars are retained & maintained for the next office holder. Sadly its casually run like a public company where everyone wants a piece of the pie, no matter what. Where Official car is in name only. The politicians see them as Private cars as they'd want to show off in a new car while they assume their new offices. I thought this was the same government that keeps asking Nigerians to make sacrifices whereas they themselves are being wasteful. Their hypocrisy is very disgusting.
Chicagograduate:
If Tinubu seek another loan from imf and world Bank they will grant him.Like,does the IMF and world Bank officials who approved these loans received kickbacks from the Nigerian politicians?They cannot say they are not aware that these loans are mismanaged and misappropriated by these polithiefcians.
What about the official cars purchased by previous administration?Did they go away with government properties?Why can't Tinubu order all the cars taken away by Buhari and his cabinets and outgoing lawmakers to be returned instead of buying new ones?Who swear for this country?

2 Likes

Re: Nigeria Budgets For Suvs, Villas Amid Cost-of-living Crisis - Bloomberg by Kay17: 11:53am On Nov 03, 2023
Bulldozer90:
Time to go our separate ways

Same governance issues will persist. Tribalism is no cure for institutional problems.

1 Like

Re: Nigeria Budgets For Suvs, Villas Amid Cost-of-living Crisis - Bloomberg by yarimo(m): 11:54am On Nov 03, 2023
nedekid:

Is that your problem now? Must every thing be petty?.
My friend grow up for goodness sake. undecided
if that is my problem how is that your business? Busy body illiterate Obidients everywhere
Re: Nigeria Budgets For Suvs, Villas Amid Cost-of-living Crisis - Bloomberg by yarimo(m): 11:56am On Nov 03, 2023
Ekalerdehan:



I pity your parents, you are a waste of investment
and how is that your business? Busy body illiterate Obidient kids everywhere
Re: Nigeria Budgets For Suvs, Villas Amid Cost-of-living Crisis - Bloomberg by yarimo(m): 11:57am On Nov 03, 2023
nairalanda1:


Your party is supposed to set an example, old boy.
are labour party lawmakers there to sleep and eat without contributing to debate on the floor?
Re: Nigeria Budgets For Suvs, Villas Amid Cost-of-living Crisis - Bloomberg by Average9jaman: 12:10pm On Nov 03, 2023
yarimo:
grin grin


shocked shocked shocked shocked shocked

N160 million for 1 car 🚙

These politicians treat their sh! t better than they treat us 😭

(1) (2) (3) (4) (Reply)

Tinubu Visits Borno, Grieves Over Kaduna Bomb Victims At Shehu’s Palace / Marriage Mayhem Of Nigeria’s Silver Spoon Kids …why Marriage Is Becoming A Bore / 6 PDP Lawmakers Defect To APC In Kogi

(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. 60
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.