Ganduje Left Over ₦500bn Debt - Kano Government - Politics (2)

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Ganduje Left Over ₦500bn Debt - Kano Government - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Ganduje Left Over ₦500bn Debt - Kano Government (9097 Views)

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Re: Ganduje Left Over ₦500bn Debt - Kano Government by Chibuzoripob: 7:31pm On Nov 03, 2023

Re: Ganduje Left Over ₦500bn Debt - Kano Government by Truths9ja: 7:32pm On Nov 03, 2023

wittywriter:

GANDOLLAR DEBT.

Wittyness.

it’s too much

Re: Ganduje Left Over ₦500bn Debt - Kano Government by SALLYBERRY01(m): 7:38pm On Nov 03, 2023

Now the ruling party chairman.

Re: Ganduje Left Over ₦500bn Debt - Kano Government by MamaletASO: 7:40pm On Nov 03, 2023

Go and check his 'Babariga'..

The Dollars are hidden there
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Re: Ganduje Left Over ₦500bn Debt - Kano Government by Judolisco(m): 7:42pm On Nov 03, 2023

Thundafireseun:

I trust Ganduje

He must come out to Deny this allegation which we all know could be true

why e go deny am... Every state 4 naija dey owe....

Re: Ganduje Left Over ₦500bn Debt - Kano Government by Thundafireseun: 7:43pm On Nov 03, 2023

Judolisco:
why e go deny am... Every state 4 naija dey owe....

Just watch and see

You will finally call me a prophet

He will deny it because there is no moral justification for him to owe that much

1 Like

Re: Ganduje Left Over ₦500bn Debt - Kano Government by Giftsammy4t: 7:43pm On Nov 03, 2023

Hhxh

Re: Ganduje Left Over ₦500bn Debt - Kano Government by Exceed15: 7:44pm On Nov 03, 2023

Dittodat:

And your land is not? HYPOCRITE.

Get out not everyone is from south My region is well enlightened.

Re: Ganduje Left Over ₦500bn Debt - Kano Government by Antichristus: 7:48pm On Nov 03, 2023

NIGERIANS DESERVE THEIR LEADERS. CURSED NATION.

1 Like

Re: Ganduje Left Over ₦500bn Debt - Kano Government by Creamz(m): 7:50pm On Nov 03, 2023

hybrid77:
Why are people this wicked?

This money you are hoarding, whats the use if it doesn't bring peace to your own people?

Because we let them be! If someone continues slapping you without you saying it’s enough. They will most likely continue. That’s what’s happening here

Re: Ganduje Left Over ₦500bn Debt - Kano Government by Skillsnigeria: 7:50pm On Nov 03, 2023

Hmmm

Re: Ganduje Left Over ₦500bn Debt - Kano Government by ekrizz(m): 7:51pm On Nov 03, 2023

casualobserver:
No be you wan be governor? Stop complaining and start working.
I like governors who leave debt so long as they did something with the debt. So if incoming wants to steal, he has to work hard to increase revenue. Unlike somebody who claim he was saving and did nothing only for successor to chop and clean mouth with the savings before disappearing g to Texas to enjoy.

Na wa... Bro, are you for real?!

Re: Ganduje Left Over ₦500bn Debt - Kano Government by CodeTemplar: 8:04pm On Nov 03, 2023

Dittodat:
Debt is not a bad thing as long as it's been used judiciously.
The biggest companies in the world have debt.
No country on Earth has much debt as the US but it must be used to serve the people.

and who will repay the debt? Those served by it or those not served?

Re: Ganduje Left Over ₦500bn Debt - Kano Government by sematec(m): 8:05pm On Nov 03, 2023

Re: Ganduje Left Over ₦500bn Debt - Kano Government by Lightorder: 8:06pm On Nov 03, 2023

Cruise777:

This Kano state governor is so silly, his main focus is Ganduje and Demolition of Ganduje's project

Look at Allex Otti, and other Governors trying to make a name for themselves

.

so ná you go pay am ? He should not talk abi ? Don't be silly. Na this "let us move on" mentality keep Nigeria where e dey till today

Re: Ganduje Left Over ₦500bn Debt - Kano Government by marlow1962(m): 8:09pm On Nov 03, 2023

hybrid77:
Why are people this wicked?

This money you are hoarding, whats the use if it doesn't bring peace to your own people?

All the suffering tinubu have subjected Lagos residents, do you think he cares about them? As long as everybody is making sacrifices, no problem. Same thing with other politicians, politics of the stomach not politics of development.

Re: Ganduje Left Over ₦500bn Debt - Kano Government by toprealman: 8:21pm On Nov 03, 2023

Vinella:
please guys, please I've tried to get little help here to no avail, please I beg you in the name of Almighty GOD pls, If any good samaritan can please help me, no matter how little so we can buy foodstuff and cook, I will be very happy. my daughter and I we are starving. Please help us the last time we ate a good food was from our neighbor on sunday. Since then we have surviving on drinking garri since Monday and the garri we use to have hope has finished. the little money I have I used it to pay for house rent so that we can at least have roof over our head. am pleading for help please, not for my sake but for my daughter please am a single mother. No matter how little it will go a long way to help us. Almighty God bless you

Acct num with faith
067801
6041
G.TBank
My name is Angela Oyom. Almighty God bless you and your family

This your scam lifestyle is just pathetic

Re: Ganduje Left Over ₦500bn Debt - Kano Government by toprealman: 8:23pm On Nov 03, 2023

Dittodat:
Debt is not a bad thing as long as it's been used judiciously.
The biggest companies in the world have debt.
No country on Earth has much debt as the US but it must be used to serve the people.

This is why they continue looting!

Re: Ganduje Left Over ₦500bn Debt - Kano Government by casualobserver: 8:23pm On Nov 03, 2023

ekrizz:

Na wa... Bro, are you for real?!

Very!
Let’s say you have money as a state, you did nothing with it, your successor is a thief, he steals all the money….what have you gained for the people?

Don’t forget the road that costs 20b 8 years ago that you did not build when you were in office will cost 100b if your successor finally decides to build it today. Therefore it is better for you to have borrowed N20b 8 yrs ago to build that road that will improve your economy and raise your IGR than to find 100b today to build the same road. Today that road will cost 100b. But because you borrowed 20b 8 yrs ago, your debt on that road is less than N20b because you would have started paying it off and you have a road. Either way you will be paying interest on N20b not 100b.

Furthermore if you have commited the states finances to servicing a loan to build a road that everybody is benefiting from, then there is less money for your successor to steal if he is a crook. If you didn’t build that road and your successor is a crook, the whole 20b is available for stealing, you have no road and he can enrich himself without doing any work. But if you have borrowed and built a road (I.e you have something to show for the borrowing) he has to work hard to raise revenue if he wants to steal not that you left east money for him to steal and no road for the people.

In an inflationary environment that Nigeria is it is always better to borrow for projects as much as possible specifically local currency borrowing because by the time you are paying because your repayments are fixed and in time the currency is devalued so you are not really paying the true value.

Simplified example: If you borrowed 5m to buy a car 10 yrs ago and your interest is 10% pa. You likely would have dlfinished paying off the loan by now and you have a car that because of inflation is probably worth even more than the N5m you paid 10 yrs ago. To buy the same car new today you probably need N40-50m. Even if you are still paying off the loan, your interest every year is only n500k but if you were to acquire the same car today, you would have to pay N5m in interest every year or find N40-50m in cash.

1 Like

Re: Ganduje Left Over ₦500bn Debt - Kano Government by Dittodat: 8:24pm On Nov 03, 2023

Exceed15:

Get out not everyone is from south My region is well enlightened.

Yeah, we have heard you. Keep lying to yourself.

Re: Ganduje Left Over ₦500bn Debt - Kano Government by Dittodat: 8:29pm On Nov 03, 2023

CodeTemplar:
and who will repay the debt? Those served by it or those not served?

As long as the debt is used judiciously to serve the need of the people then it's perfectly OK.
Do you know how roads and other infrastructures are built even in the US? Most are done via land and debts some are in form of direct loans from banks but most are in form of bonds which are also loans that have to be paid back by the people through the govt over the years.
The city of Atlanta, the state of Georgia and many counties are always issuing new binds to finance new capital projects. These bonds will be paid back over the years.
The US govt is the most indebted govy on Earth by a very wide margin. No one is even close.

Re: Ganduje Left Over ₦500bn Debt - Kano Government by itsene: 9:01pm On Nov 03, 2023

And you started demolition of buildings.
Why all these LIES?

Re: Ganduje Left Over ₦500bn Debt - Kano Government by CodeTemplar: 9:09pm On Nov 03, 2023

Dittodat:

As long as the debt is used judiciously to serve the need of the people then it's perfectly OK.
Do you know how roads and other infrastructures are built even in the US? Most are done via land and debts some are in form of direct loans from banks but most are in form of bonds which are also loans that have to be paid back by the people through the govt over the years.
The city of Atlanta, the state of Georgia and many counties are always issuing new binds to finance new capital projects. These bonds will be paid back over the years.
The US govt is the most indebted govy on Earth by a very wide margin. No one is even close.

you dodged my question.

Re: Ganduje Left Over ₦500bn Debt - Kano Government by Dittodat: 9:37pm On Nov 03, 2023

CodeTemplar:
you dodged my question.

What question did I dodged? The government must pay back thr loan with rhe people's money. Was the loan not secured to provide services to the people.

Re: Ganduje Left Over ₦500bn Debt - Kano Government by damosade(m): 9:52pm On Nov 03, 2023

Do you know that islamically even if their leaders is doing bad the can't wrong him or question him.

Re: Ganduje Left Over ₦500bn Debt - Kano Government by HNICEARTH: 10:18pm On Nov 03, 2023

Cruise777:

This Kano state governor is so silly, his main focus is Ganduje and Demolition of Ganduje's project

Look at Allex Otti, and other Governors trying to make a name for themselves

.

But alex Otti is IPOB nah, why should you praise him? shocked

Also I think it's ok to owe, afterall APC dont believe in saving money. If you save money, you become like pit obi. And we hate him in APC and tinubu's camp.

Abobi comport nah

Re: Ganduje Left Over ₦500bn Debt - Kano Government by Sirianese: 11:11pm On Nov 03, 2023

chisomkachy:

https://dailynigerian.com/ganduje-left-debt-kano-govt/

Ganduje's thievery is well documented on video

Re: Ganduje Left Over ₦500bn Debt - Kano Government by MikaSoko(m): 11:25pm On Nov 03, 2023

Hmmmmmmmmmm, who will pay this now

Re: Ganduje Left Over ₦500bn Debt - Kano Government by chaloskyx: 12:13am On Nov 04, 2023

thats not bad you too try to break his record and leave 1bn debt Nigerians would understand

Re: Ganduje Left Over ₦500bn Debt - Kano Government by aylive02(m): 6:08am On Nov 04, 2023

Cruise777:

This Kano state governor is so silly, his main focus is Ganduje and Demolition of Ganduje's project

Look at Allex Otti, and other Governors trying to make a name for themselves. You're sillier than these names you mentioned

.

Re: Ganduje Left Over ₦500bn Debt - Kano Government by JuanDeDios: 6:16am On Nov 04, 2023

Thundafireseun:

I trust Ganduje

He must come out to Deny this allegation which we all know could be true

Of course. Stuffed them in his cap.

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