Demdem: Good to see it coming up again having squandered what was initially there before/during 2011 elections.

karl max: shut up thEir foolish AC.N brainwashed goon ur fashola and other AC.N 419 governors shared the ECA during the period your retardeen brain just quoted. just as they are demanding for 1 billion from this same increased ECA act here is a link I knw u won't read it http://mobile.businessweek.com/news/2012-12-12/nigerian-governors-demand-1-billion-from-excess-crude-account

but can u give a proof that GEJ used ECA money for election? Just like ur sorry ass ask when it concern ur theif of boudillon and ur mediocre ac.n governors that u hype on nairaland.I can give the amount that ur state governor collected from the eca the year u quoted retard.that's the beauty of the FOI bill that the man u hate so much signed into law.do u even knw ur local goverment chairman ? I guess u don't but u have hard on!on any thing gej.u would soon die of heart attack simpleton

0lumide:

You lack comprehension of economics! It doesnt make economic sense to save money when unemployment is at an all time high!
It doesn't make any sense that NOI is opening more foreign accounts for Nigeria abroad when we need money in NIGERIA!!!!

Now, look at unemployment rate and tell me it isn't better for us to trade off the ECA and our other accounts stoopid NOI opened in order to invest them in the people?

You lack basic economics or economical judgements. And how does all state governors asking for money equall just Fashiola? Olodo PDP spam bot!

The ECA could have been invested in Nigeria and would have created employment instead of saving to add to the assets of JP MORGAN (Nigeria has an account with JP MORGAN where a percentage of our oil revenue goes). In economics there is something called efficiency in the allocation of resources. In this case, the ECA and other accounts opened by NOI are resources. Now how is it efficient to have money sit in different accounts overseas? Tell me how allocating money to do nothing efficient? You don't know economics bra!! You are just another NOI butt licker
Useless dunce!

karl max: shut up thEir foolish AC.N brainwashed goon ur fashola and other AC.N 419 governors shared the ECA during the period your retardeen brain just quoted. just as they are demanding for 1 billion from this same increased ECA act here is a link I knw u won't read it http://mobile.businessweek.com/news/2012-12-12/nigerian-governors-demand-1-billion-from-excess-crude-account

but can u give a proof that GEJ used ECA money for election? Just like ur sorry ass ask when it concern ur theif of boudillon and ur mediocre ac.n governors that u hype on nairaland.I can give the amount that ur state governor collected from the eca the year u quoted retard.that's the beauty of the FOI bill that the man u hate so much signed into law.do u even knw ur local goverment chairman ? I guess u don't but u have hard on!on any thing gej.u would soon die of heart attack simpleton

Fool, firstly Bleep ACN, dont give a damn about them the same way u savour the killer party

That governors shared part of the funds its a fact and its also a fact that a sizeable amount was also spent on subsidy payments in which a huge sum as diverted to the elections. Companies like SPG owned by the aviation minister which as indicted simply directed a huge chunk of that money to Neighbour to neighbour campaign which she heads.

U are just barking unnecessary like a mad dog. The truth still remains like i stated earlier that the sum was quite much before the retardeen squandered it (either by the govs or subsidy) and now its rising again. Deal with that fool .

Demdem:

Fool, firstly Bleep ACN, dont give a damn about them the same way u savour the killer party

That governors shared part of the funds its a fact and its also a fact that a sizeable amount was also spent on subsidy payments in which a huge sum as diverted to the elections. Companies like SPG owned by the aviation minister which as indicted simply directed a huge chunk of that money to Neighbour to neighbour campaign which she heads.

U are just barking unnecessary like a mad dog. The truth still remains like i stated earlier that the sum was quite much before the retardeen squandered it (either by the govs or subsidy) and now its rising again. Deal with that.

Demdem:

Fool, firstly Bleep ACN, dont give a damn about them the same way u savour the killer party

That governors shared part of the funds its a fact and its also a fact that a sizeable amount was also spent on subsidy payments in which a huge sum as diverted to the elections. Companies like SPG owned by the aviation minister which as indicted simply directed a huge chunk of that money to Neighbour to neighbour campaign which she heads.

U are just barking unnecessary like a mad dog. The truth still remains like i stated earlier that the sum was quite much before the retardeen squandered it (either by the govs or subsidy) and now its rising again. Deal with that fool .

karl max: always beating around the bush retardinho bring proof that it was also used for subsidy slowpork?

Fool, proof ko, crook ni u think all are dumb the way u are.
That the amount spent on subsidy exceeded the amount budgeted for it was a fact (fuckkk u if u ask for proof for this )
so where did the money to augment the balance come from? probably from VAT or u fool gave the govt.

http://234next.com/csp/cms/sites/Next/Home/5743219-146/nnpc_pppra_exceed_fuel_subsidy_budget.csp
http://www.vanguardngr.com/2012/01/n1-76trn-was-paid-as-subsidy-for-2011-cbn/
http://premiumtimesng.com/news/3574-2011-subsidy-exceeds-n2-trillion.html
http://saharareporters.com/article/questions-president-was-2011-subsidy-funds-used-finance-april-elections

karl max: u and ur beer palour gist they used ECA for neibour 2 neibour is that what ur masters told u? Stop spending much of ur time in beer palours and ashawo joint where u get all this gist from.where is ur proof that the the ECA was used for neibour to neibour campaign and subsidy if u don't publish it the the name retardinho surely sticks slowpoke!

Fool, goons like u simply cant connect the dots
Neighbour to neighbour campaigned rigourously for the retardeen
Neighbour to neighbour was co-headed and financed by aviation minister
Aviation minister has SPG, an oil and gas company
SPG was indicted as one of the companies that took subsidy money and never delivered as expected.
Still, the minister is still in govt still in the good books of the retardeen since the elections.

Am sure u still cant decode anything. u are simply dumb. asking me for evidence is like asking me for evidence that IBB stole when he was head of states u will wait tire

Demdem:

Fool, proof ko, crook ni u think all is dumb the way u are.
That the amount spent on subsidy exceeded the amount budgeted for it was a fact (Bleep u if u ask for proof for this )
so where did the money to augment the balance come from? probably from VAT or u fool gave the govt.

http://234next.com/csp/cms/sites/Next/Home/5743219-146/nnpc_pppra_exceed_fuel_subsidy_budget.csp
http://www.vanguardngr.com/2012/01/n1-76trn-was-paid-as-subsidy-for-2011-cbn/
http://premiumtimesng.com/news/3574-2011-subsidy-exceeds-n2-trillion.html

karl max: LWKMD retardinho is that ur proof that ECA was used u be really okpa.my friend go play alone with ur fellow slowpokes search the net for what u and ur fellow hypocrites. Can use againt is govenment! While ur at it search for what is refered as PROOF that the ECA was used for as ur beer parlour gist puts neibour to neibour and subsidy buzu! and stop beating around the bush.

Demdem:


Fool, proof ko, crook ni u think all are dumb the way u are.

I wonder why goons like u have refused to put ur brain to work. so once its not written, its false u are lost fool

karl max: it doesn't make sense then why do ur like and that retardinho claim GEJ used the ECA for his election when u knw that the FG and the governors always share the money in this account? Moreover how many employments has the state governors created with these monies they have collected so far from this ECA account? Use ur state govenment as a case study.tell us how much he has collected since 2011 till date(that is if u knw cos am sure u don't cos ur brainwashed prove me wrong and tell us).and how many Jobs they've created and how they've affected ur state with that fund they've collected so far?.if u can't tell us then park well like ur mates

CFCfan: The real question we should be asking is this: If Naija has over $9 billion in the ECA, why the HELL are the GEJ administration and some state govts taking foreign loans?

CFCfan: The real question we should be asking is this: If Naija has over $9 billion in the ECA, why the HELL are the GEJ administration and some state govts taking foreign loans?

0lumide:

You lack comprehension of economics! It doesnt make economic sense to save money when unemployment is at an all time high!
It doesn't make any sense that NOI is opening more foreign accounts for Nigeria abroad when we need money in NIGERIA!!!!

Now, look at unemployment rate and tell me it isn't better for us to trade off the ECA and our other accounts stoopid NOI opened in order to invest them in the people?

You lack basic economics or economical judgements. And how does all state governors asking for money equall just Fashiola? Olodo PDP spam bot!
The ECA could have been invested in Nigeria and would have created employment instead of saving to add to the assets of JP MORGAN (Nigeria has an account with JP MORGAN where a percentage of our oil revenue goes). In economics there is something called efficiency in the allocation of resources. In this case, the ECA and other accounts opened by NOI are resources. Now how is it efficient to have money sit in different accounts overseas? Tell me how allocating money to do nothing efficient? You don't know economics bra!! You are just another NOI butt licker
Useless dunce!

0lumide:

You lack comprehension of economics! It doesnt make economic sense to save money when unemployment is at an all time high!
It doesn't make any sense that NOI is opening more foreign accounts for Nigeria abroad when we need money in NIGERIA!!!!

Now, look at unemployment rate and tell me it isn't better for us to trade off the ECA and our other accounts stoopid NOI opened in order to invest them in the people?

You lack basic economics or economical judgements. And how does all state governors asking for money equall just Fashiola? Olodo PDP spam bot!
The ECA could have been invested in Nigeria and would have created employment instead of saving to add to the assets of JP MORGAN (Nigeria has an account with JP MORGAN where a percentage of our oil revenue goes). In economics there is something called efficiency in the allocation of resources. In this case, the ECA and other accounts opened by NOI are resources. Now how is it efficient to have money sit in different accounts overseas? Tell me how allocating money to do nothing efficient? You don't know economics bra!! You are just another NOI butt licker
Useless dunce!

iykak47: But China has over three trillion dollars in foreign reserve while millions of the citizens are unemployed. But China has over three trillion dollars in foreign reserve while millions of the citizens are unemployed.

iykak47: But China has over three trillion dollars in foreign reserve while millions of the citizens are unemployed. But China has over three trillion dollars in foreign reserve while millions of the citizens are unemployed.