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APC Controlled Lagos State Has Both The Highest External & Internal Debts - PDP - Politics (4) - Nairaland

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Re: APC Controlled Lagos State Has Both The Highest External & Internal Debts - PDP by dapsonlou(m): 12:37am On May 26, 2015
This pdp idiots have not learn anything, be a good opposition by making sure the state you govern do better than APC state. Prove yourselves. To criticizing and Government that not in power yet. Do your job
Re: APC Controlled Lagos State Has Both The Highest External & Internal Debts - PDP by porka: 12:39am On May 26, 2015
PassingShot:
Deceitful PDP!

What did Osinbajo say that is wrong? Is Nigeria not indebted to the tune of $60 billions as a result of economic mismanagement?

Your defence that the states are equally owing does not exonerate FG from poor management of the economy since it's the same FG that approved all those borrowings (foreign).

And what did the FG do with its own share of the loan?

What did FG do with its huge share of the earnings from crude sale of above $100 per barrel?

How could the FG have been able to caution and shape reckless behaviour of state governments when itself is incapable of judicious management of resources?

PDP led federal government has been a CURSE to Nigeria.

Thank God we kicked them out.

[size=16pt]Is Osinbajo inheriting the states' debts too?[/size]

3 Likes

Re: APC Controlled Lagos State Has Both The Highest External & Internal Debts - PDP by porka: 12:44am On May 26, 2015
12345DKO:

IS NIGERIA OWING $60 BILLION OR NOT AND IS LAGOS STATE NOT PART OF NIGERIA? IF THE V.P ELECT HAD SPECIFICALLY MENTIONED FG, THEN WE WOULD HAVE HAD GOOD GROUND TO FAULT HIM BUT HE SAID NIGERIA.
[size=16pt]
Is Osinbajo inheriting Lagos State debt too?[/size]

2 Likes 1 Share

Re: APC Controlled Lagos State Has Both The Highest External & Internal Debts - PDP by porka: 12:47am On May 26, 2015
[size=16pt]Don't forget that this Pastor Prof also lied on Channels TV that Buhari's daughter was married to a Christian. [/size]

4 Likes

Re: APC Controlled Lagos State Has Both The Highest External & Internal Debts - PDP by porka: 12:49am On May 26, 2015
Ilekeh:
I WAS EXPECTING IT.

Compare Lagos' development to other states.


The USA is the most indebted country in the world, yet she has something to show for it. It's not like Nigeria that is so indebted, yet it still looks like the old Japan.

[size=16pt]What is Lagos development compared to other states?[/size]

3 Likes

Re: APC Controlled Lagos State Has Both The Highest External & Internal Debts - PDP by silvernus0: 12:52am On May 26, 2015
KIA PDP RIDE ON APC MUST FUFIL ITS PROMISE TO NIGERIANS , WE WIL NT ACEPT ANYTIN SHORT

3 Likes

Re: APC Controlled Lagos State Has Both The Highest External & Internal Debts - PDP by beetruth: 1:45am On May 26, 2015
The blame game is just starting. I pray this country has not failed in its choice. Didn't they have all this information before campaigning and making promises? Enough of this distractions. It is time to work. Stop watering down promises with excuses cause it is public knowledge that the country's revenue had dwindled and it didn't just happen over night. Pls act the word and stop the talk. CHANGE

1 Like

Re: APC Controlled Lagos State Has Both The Highest External & Internal Debts - PDP by beetruth: 1:46am On May 26, 2015
“The APC must fulfill its promises for which Nigerians voted for them. Were they not aware of the debt stock and the dwindling oil revenues before making their huge promises to the people? Were the promises only intended as carrots to mislead the people and deceitfully win their votes after which they are dumped?” the PDP queried.
The party said the in-coming administration should stop contriving excuses and understand that Nigerians expect nothing short of the fulfillment of its campaign promises in its four years rule, especially given that the solid foundation for wealth creation has already been laid by the PDP, which also remained truthful and honest in making promises to the people during the campaigns.[b][/b]

1 Like

Re: APC Controlled Lagos State Has Both The Highest External & Internal Debts - PDP by chronique(m): 2:08am On May 26, 2015
Someone talked about Nigerian youths being intellectually lazy and as soon as I read that post,my mind flashed to your moniker cos you're one of such youths always eager to type and comment,without thinking or taking time to find out accurate information,before you talk. Obj got a debt relief for Nigeria,but didn't clear Nigeria's debt. He left an external debt of $3bn and about $13bn worth of internal debt. These are facts in the public domain which you have failed to access due to your intellectual laziness. What irritates me more is that,people who do not have a mind of their own and who are equally intellectually lazy like you,would swallow this your opinion hook,line and sinker,and spread it round to other folks in the same category. Let me ask you one quick question: how were you expecting Obj to clear all Nigeria's internal debts(including those incurred by the state governments)? Is the federal govt responsible for bonds taken by state governments? Is there any nation in this world that doesn't have debts? Are you aware that part of the monetary policies which government uses in reducing money supply in the economy to control inflation,requires them selling treasury bills and bonds? Are you aware that these bonds raised,form part of the internal debts? I followed GEJ's economic team's policies throughout his govt and I realized they were constantlyy working on reduction of inflation rate and trying to stabilize the rate of inflation. This is why banks were asked to increase their reserve levels with the CBN,and bank rates for borrowing from the CBN were also increased and invariably passed down to the consumers. The objective of these,was to reduce the money supply in the market as banks would have lesser cash to borrow out,and consumers would be discouraged from borrowing money,due to higher interest rates for borrowing. Bonds were also placed in the market and investors were given higher returns for buying govt bonds. This simply meant those who had money to spend,witheld their funds and money kept moving from banks,companies and investors purse,into govt purse.
egift:


Stop playing for the mumu team. Buhari cleared Nigeria debt in his time and even refused to collect fresh IMF and World bank loans. OBJ in his time also cleared Nigeria's debt.

Jonathan is a failure for accumulating debt, squandered the massive oil windfall of over $100 per barrel and also squandered the money in excess crude, foreign reserve and Federation account. Upon that he is leaving the country in shambles.

4 Likes 1 Share

Re: APC Controlled Lagos State Has Both The Highest External & Internal Debts - PDP by Dreamtouch: 3:18am On May 26, 2015
So 5k per month is effective when... Clears cobweb from Account
Re: APC Controlled Lagos State Has Both The Highest External & Internal Debts - PDP by PassingShot(m): 3:46am On May 26, 2015
porka:


[size=16pt]Is Osinbajo inheriting the states' debts too?[/size]

In a way, yes. The FG guarantees state's foreign debt and as such bears the burden should the state become incapable of paying back.
Re: APC Controlled Lagos State Has Both The Highest External & Internal Debts - PDP by mescapee: 3:46am On May 26, 2015
brixton:



http://www.premiumtimesng.com/news/top-news/183665-bulk-of-nigerias-63-billion-debt-incurred-by-apc-states-pdp.html

He is a lawyer, and a professor at that. He just did his job.

But he will be at the receiving end soon.

2 Likes

Re: APC Controlled Lagos State Has Both The Highest External & Internal Debts - PDP by PassingShot(m): 3:48am On May 26, 2015
sanniabiola:

Olodo, simple English, he cannot understand. Must you show the world your predicament. Oju e a ja

I just have to laugh at your post. Not making any sense.
Re: APC Controlled Lagos State Has Both The Highest External & Internal Debts - PDP by clip: 4:56am On May 26, 2015
Please stop all this grammar. it is simple matter. FULFILL YOUR PROMISE: Free school meal, stabilze oil price, reduce naira rate to dollar,5k fo runemplyed youth among other thing.
NO EXCUSE. GOD BLESS YOU AS YOU KEEP TO YOUR PROMISE.

2 Likes

Re: APC Controlled Lagos State Has Both The Highest External & Internal Debts - PDP by GoldHorse(m): 4:58am On May 26, 2015
All of us are not fools now Mr Olisa. There's good debt and there's bad debt. So Lagos having "debt" is not the issue. Let them show us the profiles of their debt then FGN should show us theirs too then we will know who is deceiving Nigerians.

Having said that please know that it's only an immature mind that justify his own bad behavior by pointing to another persons. PDP should grow up; if that's possible.
Re: APC Controlled Lagos State Has Both The Highest External & Internal Debts - PDP by Atk1nson(m): 5:24am On May 26, 2015
voltron:
As much as a dislike PDP and loathe GEJ. Olisah has a point there
spot on

2 Likes

Re: APC Controlled Lagos State Has Both The Highest External & Internal Debts - PDP by gregg2: 5:35am On May 26, 2015
Nigeria is doomed from May 29th with this APC liars in government

2 Likes

Re: APC Controlled Lagos State Has Both The Highest External & Internal Debts - PDP by clip: 5:37am On May 26, 2015
GoldHorse:
All of us are not fools now Mr Olisa. There's good debt and there's bad debt. So Lagos having "debt" is not the issue. Let them show us the profiles of their debt then FGN should show us theirs too then we will know who is deceiving Nigerians.

Having said that please know that it's only an immature mind that justify his own bad behavior by pointing to another persons. PDP should grow up; if that's possible.

So if there is bad and good debt according to you. Then VP elect shouldn't have concluded that all the FG debt are bad.

1 Like

Re: APC Controlled Lagos State Has Both The Highest External & Internal Debts - PDP by HirstMOG(m): 5:42am On May 26, 2015
egift:


Stop playing for the mumu team. Buhari cleared Nigeria debt in his time and even refused to collect fresh IMF and World bank loans. OBJ in his time also cleared Nigeria's debt.

Jonathan is a failure for accumulating debt, squandered the massive oil windfall of over $100 per barrel and also squandered the money in excess crude, foreign reserve and Federation account. Upon that he is leaving the country in shambles.


Your GMB and OBJ should come out and prove Okojo Iweala wrong then, or are you their Lai Muhamed

2 Likes

Re: APC Controlled Lagos State Has Both The Highest External & Internal Debts - PDP by princeade86(m): 6:24am On May 26, 2015
Genius100:
Dumb PDP clowns. All Osinbajo said was that they were inheriting a debt profile of $60 billion which is true...
to be sincere, we also as a nation can not move dis country forward becos of our illetracy. We nid to wise up and stop deceiving ourselves. Politicians has been brainwashed all of us,yet, no one is even wake up frm his or her sleep. All politicians are liars and d most painful issue is dat dis is how we do every 4 years. Both apc and pdp are d same. Just let pray 2 God 2 accept us and help us rule dis nation instead of listing 2 lies. Can't we use our brain or dnt we av at all. Many country are fighting for there freedom by protecting straight 2 there govnt house, we all sit in our houses,using social media dat also full of lies to say rubbish

1 Like

Re: APC Controlled Lagos State Has Both The Highest External & Internal Debts - PDP by Nobody: 6:28am On May 26, 2015
PassingShot:
Deceitful PDP!

What did Osinbajo say that is wrong? Is Nigeria not indebted to the tune of $60 billions as a result of economic mismanagement?

Your defence that the states are equally owing does not exonerate FG from poor management of the economy since it's the same FG that approved all those borrowings (foreign).

And what did the FG do with its own share of the loan?

What did FG do with its huge share of the earnings from crude sale of above $100 per barrel?

How could the FG have been able to caution and shape reckless behaviour of state governments when itself is incapable of judicious management of resources?

PDP led federal government has been a CURSE to Nigeria.

Thank God we kicked them out.
Can't you read? Was the PDP in office in the 60s? Don't go and find work!

2 Likes

Re: APC Controlled Lagos State Has Both The Highest External & Internal Debts - PDP by PassingShot(m): 6:29am On May 26, 2015
jcmaiah:

Can't you read? Was the PDP in office in the 60s? Don't go and find work!

Believe PDP at your own risk.

I am at work as I type this. grin grin
Re: APC Controlled Lagos State Has Both The Highest External & Internal Debts - PDP by mrborntodoit: 7:17am On May 26, 2015
PassingShot:


Believe PDP at your own risk.

I am at work as I type this. grin grin

Liar!

Yahoo boy, or security guard are the only occupation that resume very early.

1 Like

Re: APC Controlled Lagos State Has Both The Highest External & Internal Debts - PDP by PassingShot(m): 7:21am On May 26, 2015
mrborntodoit:


Liar!

Yahoo boy, or security guard are the only occupation that resume very early.

You make me laugh! cheesy cheesy

In your own myopic mind, every NLer resides in Nigeria and has the same work routine as you.
Re: APC Controlled Lagos State Has Both The Highest External & Internal Debts - PDP by mrborntodoit: 7:24am On May 26, 2015
PassingShot:


You make me laugh! cheesy cheesy

In your own myopic mind, every NLer resides in Nigeria and has the same work routine as you.

Another lie just like your party Apchit, you are a yahoo boy

1 Like

Re: APC Controlled Lagos State Has Both The Highest External & Internal Debts - PDP by PassingShot(m): 7:27am On May 26, 2015
mrborntodoit:


Another lie just like your party Apchit, you are a yahoo boy

OK sir.I go yahoo you soon be that nah! grin
Re: APC Controlled Lagos State Has Both The Highest External & Internal Debts - PDP by peedeeasobie(m): 7:47am On May 26, 2015
PassingShot:
Deceitful PDP!

What did Osinbajo say that is wrong? Is Nigeria not indebted to the tune of $60 billions as a result of economic mismanagement?

Your defence that the states are equally owing does not exonerate FG from poor management of the economy since it's the same FG that approved all those borrowings (foreign).

And what did the FG do with its own share of the loan?

What did FG do with its huge share of the earnings from crude sale of above $100 per barrel?

How could the FG have been able to caution and shape reckless behaviour of state governments when itself is incapable of judicious management of resources?

PDP led federal government has been a CURSE to Nigeria.

Thank God we kicked them out.



What is it about being objective that repels you? Caution and shape the reckless behavior of which states? Lagos? The mismanagement is both a problem of the FG and Lagos state and others.

Osibanjo told halftruth. If he says FG, the average will only think GeJ and his cabinet, meanwhile the chunk of the debts were accumulated by APC controlled states.

Try objectivity sometimes, it helps!

1 Like

Re: APC Controlled Lagos State Has Both The Highest External & Internal Debts - PDP by jpphilips(m): 8:11am On May 26, 2015
utytill:
Debt from 1960s,then buhari's military dictatorship regime debt is inclusive.oh what a karma.but obj told us that he pay all the debt?or was it that of paris club?.

The paris club debt relief increased Nigeria's borrowing rating, if there were other debts from 1960, that wouldn't have happened, Olisa Metuh should have told us which debt he was referring to and who we borrowed from and for what purpose?

Metuh is just trying to absolve Jonathan of any malfeasance, rem. That FG guarantees all foreign loans for all the states of the federation, it is fool hardy to ask Nigerians to look at lagos debt profile when we know the FG had the power to stop it.

Metuh is a clown, he thinks he is operating a circus, i feel sorry for gullible Nigerians like you who can be easily hood winked
Re: APC Controlled Lagos State Has Both The Highest External & Internal Debts - PDP by PassingShot(m): 8:13am On May 26, 2015
peedeeasobie:


What is it about being objective that repels you? Caution and shape the reckless behavior of which states? Lagos? The mismanagement is both a problem of the FG and Lagos state and others.

Osibanjo told halftruth. If he says FG, the average will only think GeJ and his cabinet, meanwhile the chunk of the debts were accumulated by APC controlled states.

Try objectivity sometimes, it helps!

What is not objective in my submission?

Did I absolve those indebted states from any guilt?

Is it not a fact that a state can only be indebted to the tune/level supported by the FG?

Will the FG not bear the burden of any state that defaults in her repayment schedules?

Bro, everything is interwoven in the FG's ability to provide a clear economically viable direction to the states. When that is absent and the FG is seen to be directionless, it's easy for the states to blackmail such government in order to have their way.
Re: APC Controlled Lagos State Has Both The Highest External & Internal Debts - PDP by jpphilips(m): 8:16am On May 26, 2015
porka:
[size=16pt] Is Osinbajo inheriting Lagos State debt too?[/size]
How old are you?
Re: APC Controlled Lagos State Has Both The Highest External & Internal Debts - PDP by ONYX5(m): 9:38am On May 26, 2015
ramdris:
Now this is funny..... still can't believe this yeye PDP is now the opposition. Anyway, Osinbanjo said noting wrong and from what Metuh said, he never denied the fact that PDP has ruined this country cos PDP has been d party ruling this country and if GEJ inherit huge debt shey na APC dey responsible ni?
yeah coz PDP has been ruling since 1960 ediot
Re: APC Controlled Lagos State Has Both The Highest External & Internal Debts - PDP by ramdris(m): 9:47am On May 26, 2015
ONYX5:
yeah coz PDP has been ruling since 1960 ediot
Your parent (If u av any) did a bad job raising u.

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