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Ngozi Okonjo-Iweala's Revelation About Donald Duke & Omoyele Sowore In Her Book - Politics (10) - Nairaland

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This Is How Food Items Are Distributed In Rwanda - Ngozi Okonjo-Iweala / Soyinka Meets Sowore In Abuja Ahead Of His Court Appearance (Photos) / Unbowed And Unbroken: TIB Members Visit Defiant Sowore In DSS Detention (2) (3) (4)

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Re: Ngozi Okonjo-Iweala's Revelation About Donald Duke & Omoyele Sowore In Her Book by Saintmary(f): 11:33am On Apr 23, 2018
Realdeals:
We need to examine those reports she said Sowore published about her, are they lies?
I'd rather believe her than Sowore. Sowore has over time proven himself to be a dangerous faithless man. If he could support Buhari knowing he doesn't have the progress of the Nation as a whole in mind, then I'd rather not entrust my 50naira to him, let alone the future of close to 200million people!!!!!!

1 Like

Re: Ngozi Okonjo-Iweala's Revelation About Donald Duke & Omoyele Sowore In Her Book by Whynotthetruth(m): 11:36am On Apr 23, 2018
bekpo:


My friend, go get ur fact correctly, the least Jonathan sold crude oil was at $80 a barrel yet he was borrowing to pay salaries. Have u asked him what he did with d excess crude account left by his predicessor. Equally ask him how much he invested and or saved in his time that will answer ur question whether he was a saving president or a wastage and or a liability of a president.

Bro, try working on your spellings while you peruse through this link https://thewhistler.ng/story/fact-check-buhari-lied-on-oil-prices-selling-for-100-and-above-for-16-years/
Re: Ngozi Okonjo-Iweala's Revelation About Donald Duke & Omoyele Sowore In Her Book by NOETHNICITY(m): 11:39am On Apr 23, 2018
Politicians, including Donald Duke, are nothing but scums. Bunch of very greedy and deceitful bastards

2 Likes

Re: Ngozi Okonjo-Iweala's Revelation About Donald Duke & Omoyele Sowore In Her Book by forgiveness: 11:43am On Apr 23, 2018
TonyeBarcanista:

Stop all these beer parlor talk pls.

It was Yaradua that chose Jonathan after Obj gave him his name when the name of someone (NOT Duke) was rejected by Yar'adua.

In politics the Candidate choose who he is comfortable with (that is why Jonathan chose Sambo ahead of Lamido and Kwankwaso).

Duke wasn't even in the picture though he lobbied... I have my fact


Show me your fact and let the world see your claims else you are on a bear parlor thing.

Yaradua was hand picked likewise the Vice President as at that time. Fact
Re: Ngozi Okonjo-Iweala's Revelation About Donald Duke & Omoyele Sowore In Her Book by NOETHNICITY(m): 11:45am On Apr 23, 2018
CaptJeffry:
This is disheartening. I know Duke is a mafia but I never knew he could be evil minded towards an SS brother.

Where I've seen Duke and Ben Bruce in Los Angeles isn't a place one sees ordinary men. This is why I smile when people refer to them as nice guys.
True
Nice guys re not in politics

1 Like

Re: Ngozi Okonjo-Iweala's Revelation About Donald Duke & Omoyele Sowore In Her Book by Whynotthetruth(m): 11:45am On Apr 23, 2018
famosh:


Why you dey lie blatantly? You no dey shame?

Ignorance isn't a plus...Read and learn my boy
What's FG recurrent expenditure for a month? how much was borrowed here? Is there any other place or month in which they borrowed to augment recurrent budget?

https://www.pmnewsnigeria.com/2015/05/06/fg-borrows-n473bn-to-pay-salaries-okonjo-iweala/

https://www.premiumtimesng.com/business/182543-nigerian-govt-borrowing-billions-to-pay-salaries-okonjo-iweala.html

2 Likes

Re: Ngozi Okonjo-Iweala's Revelation About Donald Duke & Omoyele Sowore In Her Book by LadyExcellency: 11:48am On Apr 23, 2018
obailala:

Since you're so sure I twisted facts, kindly point out the twisted fact (if you can) or respectfully just hold your peace. I suppose that shouldnt be a difficult task if you really know what you're talking about. Thanks

Obasanjo handed Government to Yardua not Jonathan

The ECA under Obasanjo wasn't anything near $60B and Secondly the State Governments went to court to affirm the illegality of ECA.

Do you by chance mistake external reserve for Excess Crude Account? Because reserve in Naira can be equivalent to Dollar multiplied by exchange rate.

Selling European bonds and putting the "loans" collected from world banks and several countries in central bank doesn't make the money necessarily a savings.

2 Likes

Re: Ngozi Okonjo-Iweala's Revelation About Donald Duke & Omoyele Sowore In Her Book by Whynotthetruth(m): 11:48am On Apr 23, 2018
obailala:
Facts are sacred, they cannot be changed or altered. This isnt a political argument, and most importantly, it isnt a GeJ vs PMb issue. It is an indisputable fact that NOI achieved far more for Nigeria under OBJ and basically rubbished her prior achievements under GeJ due to severe interference from oga at the top.

Ok Sir
Re: Ngozi Okonjo-Iweala's Revelation About Donald Duke & Omoyele Sowore In Her Book by DeRay98(m): 11:56am On Apr 23, 2018
stonemasonn:
I heard Duke was offered the VP job but he rejected it.

Exactly.
Re: Ngozi Okonjo-Iweala's Revelation About Donald Duke & Omoyele Sowore In Her Book by mistarsam(m): 11:57am On Apr 23, 2018
CaptJeffry:
This is disheartening. I know Duke is a mafia but I never knew he could be evil minded towards an SS brother.

Where I've seen Duke and Ben Bruce in Los Angeles isn't a place one sees ordinary men. This is why I smile when people refer to them as nice guys.
Sorry to bother you but can you kindly name the place you saw them?

1 Like

Re: Ngozi Okonjo-Iweala's Revelation About Donald Duke & Omoyele Sowore In Her Book by LadyExcellency: 12:08pm On Apr 23, 2018
Whynotthetruth:


Ok Sir

]3. PRESIDENT GOODLUCK JONATHAN:
EXTERNAL DEBT
Inherited: $3.94 billion Dollars

As At Now: $9.3 billion Dollars

[url]http://www.dmo.gov.ng/oci/edebtstock/docs/External%20Debt%20Stock%20as%20at%2030th%20June_%202014.pdf[/url]

FOREIGN RESERVE:
Inherited: $47. 7 billion (As At December 31st, 2009)

As At Now: $38.2BILLION http://www.cenbank.org/intops/Reserve.asp
www.nairaland.com/attachments/1842363_2014foreignreserve_jpegb778234d0e84907de925a2b063c2355a


N/B:
Of the $9.3 billion EXTERNAL DEBT, Federal Government’s owes $6.36b, while ALL 36 States plus FCT owes $3.0 billion

The $60b he is quoting is fictitious and moreover, take foreign bonds and loans arbitrarily and putting them in CBN isn't growing reserve or ECA rather mortgaging our future.

3 Likes

Re: Ngozi Okonjo-Iweala's Revelation About Donald Duke & Omoyele Sowore In Her Book by TundeEinstein(m): 12:10pm On Apr 23, 2018
fergusen:
Sahara Reporters also implicated.
https://www.thisdaylive.com/index.php/2018/04/17/how-jonathan-conceded-2015-election-book-by-okonjo-iweala-reveals/

Bye bye to Sowore's 2019 ambition. My support withdrawn. angry
Bros howfar nah, Ngozi Okonjo-Iweala was part of OBJ's government hence, the reason her personality is going to be a subject of interest for Sahara reporters because that is what they do and She said she found the recording of their conversation on internet if there is nothing incriminating in the conversation, I mean, if she is all clean, why the brouhaha? See ehn my brother, you and I know all these people no be today all methods will be employed to get Sowore to be Dead On Arrival. Let us hear from the Sowore himself first and not conclude in haste. Was she not the minister of finance when all the money was being stolen, when Sanusi Lamido was shouting from CBN then, what was she doing. Or she had no idea all the while? Sanusi Lamido foresaw recession what did she do to avert it ?money was missing did she say anything??

2 Likes

Re: Ngozi Okonjo-Iweala's Revelation About Donald Duke & Omoyele Sowore In Her Book by Whynotthetruth(m): 12:28pm On Apr 23, 2018
LadyExcellency:


]3. PRESIDENT GOODLUCK JONATHAN:
EXTERNAL DEBT
Inherited: $3.94 billion Dollars

As At Now: $9.3 billion Dollars

[url]http://www.dmo.gov.ng/oci/edebtstock/docs/External%20Debt%20Stock%20as%20at%2030th%20June_%202014.pdf[/url]

FOREIGN RESERVE:
Inherited: $47. 7 billion (As At December 31st, 2009)

As At Now: $38.2BILLION http://www.cenbank.org/intops/Reserve.asp
www.nairaland.com/attachments/1842363_2014foreignreserve_jpegb778234d0e84907de925a2b063c2355a


N/B:
Of the $9.3 billion EXTERNAL DEBT, Federal Government’s owes $6.36b, while ALL 36 States plus FCT owes $3.0 billion

The $60b he is quoting is fictitious and moreover, take foreign bonds and loans arbitrarily and putting them in CBN isn't growing reserve or ECA rather mortgaging our future.

Believe me Dear, I have these FACTS with me... it's just that i am tired of myopic, half baked,ignorant and sadistic postulations from that obailala of a guy...So I have to let him wallow in his delusion...He's a guy that argues sheepishly and is blinded by his ego and unwillingness to learn, unlearn and relearn in the midst of superior information and facts...You can argue with him if you so wish but as for me, let him ride on in ignorance sad

3 Likes 1 Share

Re: Ngozi Okonjo-Iweala's Revelation About Donald Duke & Omoyele Sowore In Her Book by Xander85: 12:30pm On Apr 23, 2018
deomelllo:


1. The incompetent woman warned us about recession back in 2012. Why? Was this under PMG or Jona?

2. The same incompetent and Jona introduced austerity back in 2014 when oil was selling for $78. Why? Was this under PMG or Jona?

3. The same incompetent woman and Jona borrowed money from 2012 till Jona's last month in office/May 2015.

She was practically borrowing hundreds of billions to pay workers salary.

4. The same incompetent woman was the economic coordinator, but she was so dumb, clueless and colluding with looters that she left a battered and unversified economy.

5. The so-called finance minister couldn't even account for every kobo of public funds. The whole economy was leaking funds from NNPC and other money-generating agencies looting funds and refusing to remit funds into federal accounts.


6. Madueke opened dozens of illegal accounts and looted billions of dollars under her nose, but the incompetent woman looked the other way.

7. The same incompetent and clueless woman and Jona stole $2 billion and gave it to DASUKI ATM to share with their crooked and corrupt PDP cronies.

So, the useless woman managed our economy so good that she was prescribing recession, introducing austerity, borrowing hundreds of billions till her last day in office to pay workers salary.

She was so good that she left us with a battered and undiversified economy, depleted ECA and foreign reserves.

You people are just too ignorant and clueless, you think we arrived at this stage by accident.

This woman introduced austerity measure and asked you to get ready to suffer when oil was selling for $78, but you want to like like a king when oil is selling for $27.

You ippbs are just too mentally clueless and lazy







As per your first attached link in which Okonjo-Iweala warned of a possible global recession; you conveniently overlooked the time the warning was given (2012), and the reason for giving it (a slide in the price of crude oil as well as the dire economic situation in Spain and Greece as possible triggers for another round of global recession). M'oron, the recession she warned about was a global recession, which she said may affect Nigeria. She never blamed the immediate past gov't like your god is doing.

Besides, the warning was given in 2012 and by the time they handed over to the incompetent, certificateless, waste-of-space that is Buhari, Nigeria had weathered the forewarned storm due to the steady and competent hands managing the economy at the time. By 2015 (a whole three years after), there was still no recession in the country. So you have inadvertently shown that the capable Okonjo-Iweala and her team should actually be commended for weathering the storm and seeing Nigeria through it.

As per the other link you attached in which the GEJ gov't was said to have borrowed in 2015 to pay salaries and fund the 2015 budget; yet again you're acting true to type by spinning each and every story to suit your hateful agenda.

Due to the fall in oyel prices, the budgeted benchmark was not met. What did this mean? It meant that for the 2015 budget to be executed with some level of success, funds had to be found to pay salaries and pay contractors so work wouldn't stop on contracts awarded. This is totally different from the assertion of the guy i responded to earlier on in the thread in which he boldly asserted that GEJ and Okonjo-Iweala borrowed billions of dollars to pay salaries. You see how a mischievous fella can lie, be economical with the truth and spin a story just to suit his agenda?

You claim the GEJ gov't borrowed hundreds of billions of naira from 2012 to 2015 to pay salaries, yet you only provided a link for the borrowing done in 2015...borrowing which i have given a satisfactory reason for. You see what i mean when i say you're devious and possibly suffering from a strong aversion to the truth? Give me links showing where billions of naira were borrowed to pay salaries in 2012 and 2013....i'm waiting!

You asserted Okonjo-Iweala left us an undiversified economy? It's like you never heard of the achievements recorded in agriculture (particularly rice cultivation) under Adesina. She left an undiversified economy, yet for the first time entertainment (nollywood and music), I-technology, E-commerce and agriculture sectors of the economy were so robust as to bump up the nations rebased GDP calculations to be able to surpass that of South Africa. Remember there was a time when Nigeria was mentioned in the same breath as the BRICs nations of Brazil, Russia, India and China?.....Well we can kiss that ambition goodbye thanks to your god Buhari and his deplorable team of incompetents!

You talk of billions of dollars being stolen by Allison-Madueke and Dasuki. When will you pathetic beings recover this purported billions you claim was stolen so we can hear word? This is three years now since Buhari has been in power; how much has actually been recovered from Dasuki and Allison-Madueke? Recovering the billions of dollars should be a doddle since you have proof! James Ibori and Alamesiegha were convicted in London for having sticky fingers, since you lot have proof that Allison-Madueke stole 'billions of dollars', how come she's still walking about free in the UK? Why haven't the purported billions been recovered?

You can pull that 'Dasuki and Allison-Madueke stole billions of dollars' stunt on anyone else but me mate! I ain't buying your bullshit! wink

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Re: Ngozi Okonjo-Iweala's Revelation About Donald Duke & Omoyele Sowore In Her Book by romme2u: 12:56pm On Apr 23, 2018
chronique:


It's either you don't understand what you typed, or you forget things quickly. Go and read your no 3 item. You stated clearly that he was borrowing to pay salaries.

grin grin

bros you get time to argue with chronic zombies. They are benefiting from the bias and corrupt system hence their apathy to the suffering of the masses.

They believe money should be in the hands of few elites than in the hands of the mass that is why they are cracking down their perceived opponents and people who they don't believe should be with money large enough to threaten their dominance.

1 Like

Re: Ngozi Okonjo-Iweala's Revelation About Donald Duke & Omoyele Sowore In Her Book by romme2u: 1:01pm On Apr 23, 2018
babaolofin:


Sir, I agreed with you totally. My vengeance is this, in 2008, oil rose to $118/barel the highest in world's history , the oil rose to $140/barel in 2013 , the woman was still borrowing money, El - Rufai, Charles Soludo & international economic analysts complained against the policy, they were shouting Nigeria is the best economy in Africa. To test our economic strength & for political reasons, America stopped buying oil, oil price fell but oil subsidy bazaar continued. She had no option but to borrow to pay salary. She should be ashamed of herself.

you are peddling wrong information to whip the sentiments of your supporters.

oil price peaked at $140pb in july 2007 and it didn't last more than a month while in 2013, the highest it went was $120 for some weeks.

1 Like

Re: Ngozi Okonjo-Iweala's Revelation About Donald Duke & Omoyele Sowore In Her Book by romme2u: 1:14pm On Apr 23, 2018
Whynotthetruth:


Ok Sir

you get time to answer those bitter folks.

the way some of them twist information, you will think they never went to school...........well who knows if they did.

2 Likes

Re: Ngozi Okonjo-Iweala's Revelation About Donald Duke & Omoyele Sowore In Her Book by dvee2: 1:24pm On Apr 23, 2018
fergusen:
see attached screenshot for excerpt from Ngozi Okonjo-Iweala's Autobiography. ‘Fighting Corruption is Dangerous: The Story Behind the Headlines,’
More details in the coming days.

Background info https://www.thisdaylive.com/index.php/2018/04/17/how-jonathan-conceded-2015-election-book-by-okonjo-iweala-reveals/


Fighting corruption is dangerous, when you fight corruption, corruption fights back. At least we are witness to what PMB is facing from all angles including sponsoring killers disguise as herdsmen to bring down his government,also paying hundreds of youths on social media nairaland to control the narrative,post false information to discredit the president aka nairaland analytica..But God pass dem, Nigeria will prevail.

1 Like

Re: Ngozi Okonjo-Iweala's Revelation About Donald Duke & Omoyele Sowore In Her Book by deomelllo: 1:27pm On Apr 23, 2018
chronique:


It's either you don't understand what you typed, or you forget things quickly. Go and read your no 3 item. You stated clearly that he was borrowing to pay salaries.



www.nairaland.com/attachments/7014312_img20180423082845095_jpeg66503f52b94e3fb9c7e63c3bee308e3e



Again, you have poor, lousy and elementary reading and comprehension skills.


Your low IQ quipped you that 2 different statements on 2 different lines mean the same thing?

When you type and enter full stop before going to another line, that's the end of that statement.

One says she borrowed money from 2012 till Jona's last month in office/May 2015. TRUE

The other says she borrowed hundreds of billions to pay salaries. TRUE.

So, how heard is it to read and understand 2 different statements and simple English?

Are you slow?


Stop bothering me with your ignorant and elementary mentality rubbish.
Re: Ngozi Okonjo-Iweala's Revelation About Donald Duke & Omoyele Sowore In Her Book by chronique(m): 1:41pm On Apr 23, 2018
deomelllo:




www.nairaland.com/attachments/7014312_img20180423082845095_jpeg66503f52b94e3fb9c7e63c3bee308e3e



Again, you have poor, lousy and elementary reading and comprehension skills.


Your low IQ quipped you that 2 different statements on 2 different lines mean the same thing?

When you type and enter full stop before going to another line, that's the end of that statement.

One says she borrowed money from 2012 till Jona's last month in office/May 2015. TRUE

The other says she borrowed hundreds of billions to pay salaries. TRUE.

So, how heard is it to read and understand 2 different statements and simple English?

Are you slow?


Stop bothering me with your ignorant and elementary mentality rubbish.







Get the Bleep out of here, you this dumb idiot! Look who is calling someone slow. I bet you went to a substandard school and they didn't teach you that when you are enumerating points and listing them 1 by 1 and explaining them, each note under the listed item should obviously be in reference to the point highlighted there. See who is talking about having a high IQ. How does full stop ending a statement correlate with both notes under the same point, meaning different things? Mumu that doesn't even know the difference between the words "hard and heard". I should have known I was conversing with a brain dead nitwit all along.
Re: Ngozi Okonjo-Iweala's Revelation About Donald Duke & Omoyele Sowore In Her Book by deomelllo: 1:58pm On Apr 23, 2018
[s]
Xander85:



As per your first attached link in which Okonjo-Iweala warned of a possible global recession; you conveniently overlooked the time the warning was given (2012), and the reason for giving it (a slide in the price of crude oil as well as the dire economic situation in Spain and Greece as possible triggers for another round of global recession). M'oron, the recession she warned about was a global recession, which she said may affect Nigeria. She never blamed the immediate past gov't like your god is doing.

Besides, the warning was given in 2012 and by the time they handed over to the incompetent, certificateless, waste-of-space that is Buhari, Nigeria had weathered the forewarned storm due to the steady and competent hands managing the economy at the time. By 2015 (a whole three years after), there was still no recession in the country. So you have inadvertently shown that the capable Okonjo-Iweala and her team should actually be commended for weathering the storm and seeing Nigeria through it.

As per the other link you attached in which the GEJ gov't was said to have borrowed in 2015 to pay salaries and fund the 2015 budget; yet again you're acting true to type by spinning each and every story to suit your hateful agenda.

Due to the fall in oyel prices, the budgeted benchmark was not met. What did this mean? It meant that for the 2015 budget to be executed with some level of success, funds had to be found to pay salaries and pay contractors so work wouldn't stop on contracts awarded. This is totally different from the assertion of the guy i responded to earlier on in the thread in which he boldly asserted that GEJ and Okonjo-Iweala borrowed billions of dollars to pay salaries. You see how a mischievous fella can lie, be economical with the truth and spin a story just to suit his agenda?

You claim the GEJ gov't borrowed hundreds of billions of naira from 2012 to 2015 to pay salaries, yet you only provided a link for the borrowing done in 2015...borrowing which i have given a satisfactory reason for. You see what i mean when i say you're devious and possibly suffering from a strong aversion to the truth? Give me links showing where billions of naira were borrowed to pay salaries in 2012 and 2013....i'm waiting!

You asserted Okonjo-Iweala left us an undiversified economy? It's like you never heard of the achievements recorded in agriculture (particularly rice cultivation) under Adesina. She left an undiversified economy, yet for the first time entertainment (nollywood and music), I-technology, E-commerce and agriculture sectors of the economy were so robust as to bump up the nations rebased GDP calculations to be able to surpass that of South Africa. Remember there was a time when Nigeria was mentioned in the same breath as the BRICs nations of Brazil, Russia, India and China?.....Well we can kiss that ambition goodbye thanks to your god Buhari and his deplorable team of incompetents!

You talk of billions of dollars being stolen by Allison-Madueke and Dasuki. When will you pathetic beings recover this purported billions you claim was stolen so we can hear word? This is three years now since Buhari has been in power; how much has actually been recovered from Dasuki and Allison-Madueke? Recovering the billions of dollars should be a doddle since you have proof! James Ibori and Alamesiegha were convicted in London for having sticky fingers, since you lot have proof that Allison-Madueke stole 'billions of dollars', how come she's still walking about free in the UK? Why haven't the purported billions been recovered?

You can pull that 'Dasuki and Allison-Madueke stole billions of dollars' stunt on anyone else but me mate! I ain't buying your bullshit! wink
[/s]





Typical ignorant and unintelligent ipob rubbish.


So, she warned us about recession in 2012 after borrowing over N2 trillion

She introduced austerity measures in 2014 when oil was selling for $78

She told us to get ready to suffer when oil was selling for close to $80

She borrowed hundreds of billions to pay workers salary till her last day in office, just a few weeks before handing over power to PM when oil fell drastically to $27.



So, you jokers have so much ignorant excuses and explanations for her lousy and incompetent performance when oil sold for over $100 under her watch and largest earnings in the history of Nigeria, but you losers think we should be drinking champagne with oil selling for N27 when PMB took over.


So, the useless woman couldn't manage the economy when oil was selling for $80 and she introduced austerity measures in 2014, so imagine her response if she was in charge with oil selling for N27 in 2015. The useless woman go just tell us to start eating grass.


If the economy was so great under the useless woman, why was she shouting recession and introducing austerity measures LEFT AND RIGHT?

1 Like

Re: Ngozi Okonjo-Iweala's Revelation About Donald Duke & Omoyele Sowore In Her Book by deomelllo: 2:02pm On Apr 23, 2018
[s]
chronique:



Get the Bleep out of here, you this dumb idiot! Look who is calling someone slow. I bet you went to a substandard school and they didn't teach you that when you are enumerating points and listing them 1 by 1 and explaining them, each note under the listed item should obviously be in reference to the point highlighted there. See who is talking about having a high IQ. How does full stop ending a statement correlate with both notes under the same point, meaning different things? Mumu that doesn't even know the difference between the words "hard and heard". I should have known I was conversing with a brain dead nitwit all along.
[/s]



Olodo, learn how to read and comprehend.

The useless woman borrowed from 2012-2015. FACT

She borrowed hundreds of billions to pay workers salary. FACT.


You can bark like bingo all you want and play dumb and ignorant till the end of your ignorant life, the above stays as facts that your ignorant and inability to read and comprehend existence can not change.

1 Like

Re: Ngozi Okonjo-Iweala's Revelation About Donald Duke & Omoyele Sowore In Her Book by obailala(m): 2:08pm On Apr 23, 2018
LadyExcellency:


Obasanjo handed Government to Yardua not Jonathan

The ECA under Obasanjo wasn't anything near $60B and Secondly the State Governments went to court to affirm the illegality of ECA.

Do you by chance mistake external reserve for Excess Crude Account? Because reserve in Naira can be equivalent to Dollar multiplied by exchange rate.

Selling European bonds and putting the "loans" collected from world banks and several countries in central bank doesn't make the money necessarily a savings.
Firstly, you are right about OBJ handing over to Yaradua but I'm not sure about what that info has to do with the topic of discussion; NOI wasn't a part of Yaradua's cabinet.

The problem with people like you is that you rush to reply a comment even before you spare a second to read and comprehend it. Go back and read my post again, and this time, do well to read it slowly and kindly point out where I said ECA alone was $60billion?... I clearly referred to 'national savings', and by that I meant external reserves + ECA savings. Excerpts of my original post below:
obailala:
... NOI cleared all the nation's debts under OBJ and was able to accru national savings up to $60bn. But in a period when Nigeria enjoyed the largest unprecedented oil boom, national debts grew steadily to higher levels than it was before being cleared and no defined projects can be pointed out which those debts were used for. Similarly for foreign reserves and ECA, under OBJ NOI supervised these accounts growing from about $5bn to over $60bn. But under GEJ, the same NOI saw that same $60bn vaporize down to $30bn at a time when Nigeria earned its largest income.
....

Once again I'm not sure I understand the import of your sentence where you mentioned "reserves in Naira". What exactly was that about?.. The only reserves and ECA I refer to are in US dollars.

Regarding the squandering of the ECA, the excuse of "governors took GEJ to court over ECA" is now ridiculously overused and lame (glad you didn't even mention this time that it was AMAECHI's doing alone). Those same governors also took OBJ/NOI and Yaradua to court for the same funds. GEJ lost the moral standing to keep withholding those funds when his FG could not explain to the governors why it was dipping its hands in the cookie jar and pilfering the ECA funds which it claimed it was saving for the governors. That notwithstanding, what could be more ridiculous than BLAMING governors for the FG also vaporizing its 52% lion share of the fund?

Finally, regarding the current figures in the reserves, may I gently remind you that this discussion has nothing to do with PMB or the current admin; it is a comparison between NOI's achievements under OBJ vs her achievements under GEJ. But even if I'm to respond to your comment, you claim Euro bonds were taken and used to grow the reserves; that is to say the government has used a chunk of the money it borrowed to bolster the reserves. Last time I checked, GEJ also borrowed massively despite earning thigh oil income but the reserves all the same still dropped from ~$47bn to $28.6bn as at the time GEJ left. WHat can you say about that?... I understand it is in your nature to compulsively defend anything GEJ, but facts and figures cannot be wished away

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Re: Ngozi Okonjo-Iweala's Revelation About Donald Duke & Omoyele Sowore In Her Book by Wesely01(m): 2:15pm On Apr 23, 2018
obowunmi:


They were ALL PAID.


God bless you

1 Like

Re: Ngozi Okonjo-Iweala's Revelation About Donald Duke & Omoyele Sowore In Her Book by deomelllo: 2:21pm On Apr 23, 2018
Average crude oil prices in 2012 were at historically high levels for the second year in a row. Brent crude oil averaged $111.67 per barrel, slightly above the 2011 average of $111.26


https://www.eia.gov/todayinenergy/detail.php?id=9530


And by the same 2012, the same useless woman and Jona borrowed over N2 trillion in less than 2 years

1 Like

Re: Ngozi Okonjo-Iweala's Revelation About Donald Duke & Omoyele Sowore In Her Book by obailala(m): 2:31pm On Apr 23, 2018
LadyExcellency:


]3. PRESIDENT GOODLUCK JONATHAN:
EXTERNAL DEBT
Inherited: $3.94 billion Dollars

As At Now: $9.3 billion Dollars

[url]http://www.dmo.gov.ng/oci/edebtstock/docs/External%20Debt%20Stock%20as%20at%2030th%20June_%202014.pdf[/url]

FOREIGN RESERVE:
Inherited: $47. 7 billion (As At December 31st, 2009)

As At Now: $38.2BILLION http://www.cenbank.org/intops/Reserve.asp
www.nairaland.com/attachments/1842363_2014foreignreserve_jpegb778234d0e84907de925a2b063c2355a


N/B:
Of the $9.3 billion EXTERNAL DEBT, Federal Government’s owes $6.36b, while ALL 36 States plus FCT owes $3.0 billion

The $60b he is quoting is fictitious and moreover, take foreign bonds and loans arbitrarily and putting them in CBN isn't growing reserve or ECA rather mortgaging our future.
Whynotthetruth:


Believe me Dear, I have these FACTS with me... it's just that i am tired of myopic, half baked,ignorant and sadistic postulations from that obailala of a guy...So I have to let him wallow in his delusion...He's a guy that argues sheepishly and is blinded by his ego and unwillingness to learn, unlearn and relearn in the midst of superior information and facts...You can argue with him if you so wish but as for me, let him ride on in ignorance sad
Lol...
@LadyExcellency, quit trying to be clever by half, you aren't talking to children or dunces. Let's try an expose your deceit, those figures you quoted there, can you kindly quote the dates beside those figures?... The last time I checked, Nigeria's foreign reserves as at May 29th 2015 was about $28.6 billion; so in you post when you said "AS AT NOW", what date exactly was the "NOW" you were referring to?

By the way, I quoted figures which I am still eagerly waiting for you or anyone to dispute, you should have boldly mentioned me when you made the above post with those fraudulent figures instead of hiding by quoting someone else. Of course you couldn't directly face me to dispute my figures because they are simple facts which can very easily be verified by anyone via a google search.

Meanwhile @Whynotthetruth, the worst form of ignorance is the proud type. If I am wrong, I will be very happy t take correction if presented with verifiable facts and superior argument. You keep blabbing about facts, facts and facts but can't even supply a single one. If you truly have those verifiable figures which contradicts what I put up earlier, a smart person would have simply presented them instead of bleating about with insults. That you even endorsed the deceitful post by @LadyExcellency, that speaks volumes of your own level of knowledge. And you have the guts to think someone else is deluded? Tufia!

3 Likes

Re: Ngozi Okonjo-Iweala's Revelation About Donald Duke & Omoyele Sowore In Her Book by famosh: 2:52pm On Apr 23, 2018
Whynotthetruth:


Ignorance isn't a plus...Read and learn my boy
What's FG recurrent expenditure for a month? how much was borrowed here? Is there any other place or month in which they borrowed to augment recurrent budget?

https://www.pmnewsnigeria.com/2015/05/06/fg-borrows-n473bn-to-pay-salaries-okonjo-iweala/

https://www.premiumtimesng.com/business/182543-nigerian-govt-borrowing-billions-to-pay-salaries-okonjo-iweala.html

Boy, you should be advising yourself about ignorance & DELUSION not being a plus! So what specific month did the links tell you FG borrowed to pay? Did the links tell you FG borrowed just because budget wasn't ready? Didn't you see the major reason why FG had to borrow to pay salaries? You just copy & paste links without understanding what's there! Your type full Nairaland!
Re: Ngozi Okonjo-Iweala's Revelation About Donald Duke & Omoyele Sowore In Her Book by famosh: 2:59pm On Apr 23, 2018
obailala:

Lol...
@LadyExcellency, quit trying to be clever by half, you aren't talking to children or dunces. Let's try an expose your deceit, those figures you quoted there, can you kindly quote the dates beside those figures?... The last time I checked, Nigeria's foreign reserves as at May 29th 2015 was about $28.6 billion; so in you post when you said "AS AT NOW", what date exactly was the "NOW" you were referring to?

By the way, I quoted figures which I am still eagerly waiting for you or anyone to dispute, you should have boldly mentioned me when you made the above post with those fraudulent figures instead of hiding by quoting someone else. Of course you couldn't directly face me to dispute my figures because they are simple facts which can very easily be verified by anyone via a google search.

Meanwhile @Whynotthetruth, the worst form of ignorance is the proud type. If I am wrong, I will be very happy t take correction if presented with verifiable facts and superior argument. You keep blabbing about facts, facts and facts but can't even supply a single one. If you truly have those verifiable figures which contradicts what I put up earlier, a smart person would have simply presented them instead of bleating about with insults. That you even endorsed the deceitful post by @LadyExcellency, that speaks volumes of your own level of knowledge. And you have the guts to think someone else is deluded? Tufia!

Bro, don't mind the whynotthetruth guy! He's extremely deluded & proud in his ignorance! How in the world will someone even claim FG under Jonathan borrowed to pay salaries for a month only & the reason being solely because budget wasn't ready?There's nothing you can tell such people, bro! You just let them continue deluding & fooling themselves!

1 Like

Re: Ngozi Okonjo-Iweala's Revelation About Donald Duke & Omoyele Sowore In Her Book by famosh: 3:04pm On Apr 23, 2018
prince3009:


Second Niger Bridge which your dwarf brother Commissioner Osibande wanted to use in scamming us by saying his principal paid $4b for. Everything about these set of people from yonder na scamming! Their ordinary youths do wire wire...the ones in diaspora do credit card fraud and their government officials do political scamming!

Enjoy your LAKE rice boy! grin grin

Bla bla bla!
Just don't let them catch you during your next drug-peddling trip to Cambodia! You won't be spared & will go down the road of your brothers!

Re: Ngozi Okonjo-Iweala's Revelation About Donald Duke & Omoyele Sowore In Her Book by deomelllo: 3:06pm On Apr 23, 2018
famosh:


Boy, you should be advising yourself about ignorance & DELUSION not being a plus! So what specific month did the links tell you FG borrowed to pay? Did the links tell you FG borrowed just because budget wasn't ready? Didn't you see the major reason why FG had to borrow to pay salaries? You just copy & paste links without understanding what's there! Your type full Nairaland!



What was the reason she borrowed to pay salaries? Do you mind explaining to us with verifiable link?

What was the reason Jona borrowed over N2 Trillion in less than 2 years? 2010-2012?

What was the reason she advised us to be ready for recession in 2012 when oil was selling for $110?


What was the reason why she asked us to be ready for hardship in 2014 when oil was selling for $80?

What was the reason why she introduced austerity measures in 2014 when oil was selling for close to $80?

All the above was because budgets wasn't ready?


I know you people must defend the indefensible, but why do it with ignorance, lies, deception and laughable claims?

2 Likes

Re: Ngozi Okonjo-Iweala's Revelation About Donald Duke & Omoyele Sowore In Her Book by famosh: 3:10pm On Apr 23, 2018
deomelllo:




What was the reason she borrowed to pay salaries? Do you mind explaining to us with verifiable link?

What was the reason Jona borrowed over N2 Trillion in less than 2 years? 2010-2012?

What was the reason she advised us to be ready for recession in 2012 when oil was selling for $110?


What was the reason why she asked us to be ready for hardship in 2014 when oil was selling for $80?

What was the reason why she introduced austerity measures in 2014 when oil was selling for close to $80?

All the above was because budgets wasn't ready?


I know you people must defend the indefensible, but why do it with ignorance, lies, deception and laughable claims?

I've edited the comment, bro! I meant FG under Jonathan!
I was responding to his blatant & disgusting lies about FG borrowing to pay salaries under Jonathan!
Just follow the discussion from the beginning, bro!
Cheers!

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