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Nairaland Forum / Nairaland / General / Politics / $29.9bn Loans: Buhari Rejects Obasanjo’s Counsel (17909 Views)
Buhari Rejects Nigerian Peace Corps Bill / Buhari Rejects Files, Orders Aides To Meet Osinbajo / Achebe Center Moves To Block Buhari’s $29.9bn Loan Bid •writes World Bank (2) (3) (4)
$29.9bn Loans: Buhari Rejects Obasanjo’s Counsel by yns4real: 12:50am On Dec 03, 2016 |
Federal Government is pushing ahead with plans to secure $29.9billion loans in spite of scathing criticisms from ex-President Olusegun Obasanjo. http://thenationonlineng.net/29-9bn-loans-buhari-rejects-obasanjos-counsel/
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Re: $29.9bn Loans: Buhari Rejects Obasanjo’s Counsel by socialmediaman: 1:01am On Dec 03, 2016 |
I Hope Nigerians stand solidly AGAINST this insane borrowing move by this government! A government that is so slow at implementing policies in the name of being careful, so rigid in opening up the economy to trade and investment, so blind in identifying and exploring economic opportunities, and so incompetent that it drove the economy into recesssion, CANNOT be trusted with a $29 billion dollar loan. Buhari could not manage the ailing economy that GEJ handed over to him in 2015, where did he get the wisdom and competence to manage a whooping $29 billion dollars which will also be accruing interest and pile up more debt? STAND UP AGAINST BUHARI'S INCOMPETENCE 94 Likes 12 Shares |
Re: $29.9bn Loans: Buhari Rejects Obasanjo’s Counsel by Nobody: 1:36am On Dec 03, 2016 |
Na there wahala go start. |
Re: $29.9bn Loans: Buhari Rejects Obasanjo’s Counsel by DozieInc(m): 1:38am On Dec 03, 2016 |
Buhari and Mrs English wont listen, they have sworn to finish the country. 37 Likes 4 Shares |
Re: $29.9bn Loans: Buhari Rejects Obasanjo’s Counsel by otukpo(f): 2:28am On Dec 03, 2016 |
There must be an open letter soon. 19 Likes |
Re: $29.9bn Loans: Buhari Rejects Obasanjo’s Counsel by Berrylite: 9:52am On Dec 03, 2016 |
Hmmmm |
Re: $29.9bn Loans: Buhari Rejects Obasanjo’s Counsel by webo16: 9:52am On Dec 03, 2016 |
These people want to borrow our future into debt 8 Likes 1 Share |
Re: $29.9bn Loans: Buhari Rejects Obasanjo’s Counsel by Segadem(m): 9:52am On Dec 03, 2016 |
I'm short of words |
Re: $29.9bn Loans: Buhari Rejects Obasanjo’s Counsel by Segadem(m): 9:53am On Dec 03, 2016 |
DozieInc: 3 Likes |
Re: $29.9bn Loans: Buhari Rejects Obasanjo’s Counsel by Poorboy: 9:53am On Dec 03, 2016 |
Hahahaha him wife vex with am, now Obj dey counsel am.... Ok ooo 1 Like |
Re: $29.9bn Loans: Buhari Rejects Obasanjo’s Counsel by Rilwayne001: 9:53am On Dec 03, 2016 |
All is well with us. 2 Likes |
Re: $29.9bn Loans: Buhari Rejects Obasanjo’s Counsel by jerryunit48: 9:53am On Dec 03, 2016 |
So where are the recovered looted items 3 Likes |
Re: $29.9bn Loans: Buhari Rejects Obasanjo’s Counsel by eleojo23: 9:54am On Dec 03, 2016 |
Looking at how directionless this government is, I am not in support of such a huge loan. They will end up leaving us in a bigger mess in future. 4 Likes |
Re: $29.9bn Loans: Buhari Rejects Obasanjo’s Counsel by Ibime(m): 9:54am On Dec 03, 2016 |
Nobody will loan Nigeria $30bln or even close. This Govt is deceiving itself. Like Sanusi said, nobody would loan you money when you have 5 different exchange rates. 18 Likes 1 Share |
Re: $29.9bn Loans: Buhari Rejects Obasanjo’s Counsel by Sibrah: 9:54am On Dec 03, 2016 |
The idea of borrowing isn't bad, but borrowing to do projects that will not yeild returns anytime soon is bad. Let the govt tell Nigerians Who's going to repay the loans and how in detail. We don't want another Osun state X 36. 8 Likes 2 Shares |
Re: $29.9bn Loans: Buhari Rejects Obasanjo’s Counsel by moffat(m): 9:55am On Dec 03, 2016 |
recession is just a word by december we will get over it...... i salute una ipod kuenu |
Re: $29.9bn Loans: Buhari Rejects Obasanjo’s Counsel by steppin: 9:56am On Dec 03, 2016 |
Ibime:If it's any other African country, it's possible. But once it's Nigeria, they can even lend 50 billion dollars to us without batting an eyelid. They already know how to collect it when the time comes. 1 Like |
Re: $29.9bn Loans: Buhari Rejects Obasanjo’s Counsel by gurunlocker: 9:57am On Dec 03, 2016 |
By the time the dullard finish with this country, Zimbabwe will be a paradise 9 Likes 2 Shares |
Re: $29.9bn Loans: Buhari Rejects Obasanjo’s Counsel by pinkcottoncandy: 9:57am On Dec 03, 2016 |
why are Nigerians against borrowing? UK has a population of 70 million and they owe over 1Trillion dollars. Our Government should be able to borrow ....UNDER THESE CONDITIONS. 1) Borrow money to build 4 regional refineries. This will eliminate the fx losses from oil export/import saga. We will not need to export any oil but to use our oil here in Nigeria and sell any excess to neighbouring african countries. Masses will be able to enjoy little crumbs from the national cake ...as price of fuel will reduce to maybe 20 naira per littre....our currency will stabilise ....ohhh and appreciate.... 2) Borrow to fix our NEPA electricity issues so that the common man can enjoy life, local business can grow and industries can strive, inviting foreign investment to build factories regionally so that youths can get employed. THESE ARE THE ONLY 2 ISSUES THE GOVERNMENT SHOULD BE ALLOWED TO FIRST BORROW MONEY FOR. AND NOTHING ELSE UNTIL THESE 2 ARE ACCOMPLISHED.... It does not matter if the amount borrowed is 200 billion dollars Imagine our annual budget for 200 million people( no need to deceive ourselves..we are more that 200 million in number).... A tiny budget for a lot of people. considering the purchasing power parity is not in our favour.....Goods are more expensive in Nigeria that other countries how are we expected to develop...how is our GDP supposed to increase... I dont understand who advises our leaders....a bunch of IDJIOTS. Why can they not get leading professors globally to form thinktanks to advise on our different policies before they are implemented? A person who does not realise he has body odour...how will he know that he needs to buy a good rollon;....The same way a government who does not understand the dynamics that drive and economy, how can they know how to create policies to fix the economic mess Nigeria is in? YOUTHS YOU MUST RAISE YOUR VOICES-----WE NEED GLOBAL THINKTANKS TO ADVISE OUR GOVERNMENT AND NOT FAT BELLIED FOOOLLLSS THAT KNOW NOTHING ABOUT ECONOMICS. AS FOR THE STUPIDITY OF OUR CBN.....NO COMMENT!!! 9 Likes 2 Shares |
Re: $29.9bn Loans: Buhari Rejects Obasanjo’s Counsel by Jafar1: 9:57am On Dec 03, 2016 |
just here to read comments |
Re: $29.9bn Loans: Buhari Rejects Obasanjo’s Counsel by iykedare(m): 9:57am On Dec 03, 2016 |
Ok |
Re: $29.9bn Loans: Buhari Rejects Obasanjo’s Counsel by moffat(m): 9:58am On Dec 03, 2016 |
moffat: |
Re: $29.9bn Loans: Buhari Rejects Obasanjo’s Counsel by NCP: 9:58am On Dec 03, 2016 |
ok, OBJ, Next Letter pls 1 Like |
Re: $29.9bn Loans: Buhari Rejects Obasanjo’s Counsel by OneManLegion(m): 10:00am On Dec 03, 2016 |
Make me sef show face for FP today.. Na person born me. ***Modified*** Obasanjo raised very intelligent objections(much to my surprise). Unfortunately, the fg has not appropriately addressed Mr Obasanjo's reservations. Instead, they're proposing to send his god-daughter to smoothen things out(Read: coax him into silence using familial sentiments). I also find it quite an affront to the Nigerian people because I perceive the FG's action to imply that it's only Mr Obasanjo that deserves to be dignified with an explanation. Do those imbecilic _morons realise that their stewardship is to us, the voters? Nigerians are too gentle abeg. 7 Likes |
Re: $29.9bn Loans: Buhari Rejects Obasanjo’s Counsel by bid4rich(m): 10:00am On Dec 03, 2016 |
[size=16pt]They should read this before they go ahead to borrow: Borrower is always a slave to the lender[/size] I rest my case 7 Likes |
Re: $29.9bn Loans: Buhari Rejects Obasanjo’s Counsel by spartan50(m): 10:01am On Dec 03, 2016 |
Bubu has started again. And why seek counsel from Obj. Nigeria is in serious confusion. 1 Like
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Re: $29.9bn Loans: Buhari Rejects Obasanjo’s Counsel by afanide: 10:01am On Dec 03, 2016 |
Expect OBJ to start wailing soon... Want to Start EXPORTATION/BUSINESS (Bitterkola, Ginger & Cocoa Powder)? Contact me via my signature below... ONLY SERIOUS PEOPLE please. |
Re: $29.9bn Loans: Buhari Rejects Obasanjo’s Counsel by femliany(m): 10:01am On Dec 03, 2016 |
A dog that will get lost will refuse to listen to hunter clarion call..what happend to stamp duty?what happened to all the fund you claim that the corupt polithiefians are returning?money no dey TSA again ni?propanga wins an election but cannot be used to govern 7 Likes 1 Share |
Re: $29.9bn Loans: Buhari Rejects Obasanjo’s Counsel by bumi10(m): 10:04am On Dec 03, 2016 |
hmmmm why would a country even elect someone that knows nothing about economics? I mean, shouldn't this be one of the criteria for qualifying for presidency?? who made out constitutions self? |
Re: $29.9bn Loans: Buhari Rejects Obasanjo’s Counsel by Tonymegabush1(m): 10:07am On Dec 03, 2016 |
pls I want to start my own company who will borrow me just 3m pls I will repay u bck in 3yrs |
Re: $29.9bn Loans: Buhari Rejects Obasanjo’s Counsel by stronggman: 10:07am On Dec 03, 2016 |
Buhari is a coursed human being,he'san empty skull, he's brain dead, woe betied any person that supported or voted for buhari, may it never forever be well with them. 1 Like |
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