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Nairaland Forum / Nairaland / General / Business / Oil Slump: FG May Borrow From World Bank, Others (15860 Views)
Nigeria’s Oil Fields Face Shutdown Amid Price Slump / CBN Allows New Businesses Borrow From N220bn MSME Fund / Oil Slump: Banks Face Financial Distress (2) (3) (4)
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Re: Oil Slump: FG May Borrow From World Bank, Others by ElHassan1(m): 10:30am On Jan 02, 2015 |
This is insane for a County... what did this man wants to make us go through? 1 Like |
Re: Oil Slump: FG May Borrow From World Bank, Others by chaloner(m): 10:30am On Jan 02, 2015 |
Ayekotoo:may your 2015 b like 1983 amen c backwardness |
Re: Oil Slump: FG May Borrow From World Bank, Others by MrMcJay(m): 10:31am On Jan 02, 2015 |
Jonathan's destiny is to bankrupt Nigeria - Tunde Bakare 3 Likes |
Re: Oil Slump: FG May Borrow From World Bank, Others by Ugosample(m): 10:31am On Jan 02, 2015 |
All I can say is.... Wow! It's time to curb wasteful spending.... If not, the consequence may be disastrous.. |
Re: Oil Slump: FG May Borrow From World Bank, Others by yomi007k(m): 10:31am On Jan 02, 2015 |
And d common man is gona get poorer. Life always gets harder in Africa. WTF is that! |
Re: Oil Slump: FG May Borrow From World Bank, Others by GboyegaD(m): 10:31am On Jan 02, 2015 |
Obinoscopy: He reduced the corruption synonymous to the 2nd republic. 3 Likes |
Re: Oil Slump: FG May Borrow From World Bank, Others by garlicrey(m): 10:31am On Jan 02, 2015 |
were is world bank |
Re: Oil Slump: FG May Borrow From World Bank, Others by tundemogba12(m): 10:32am On Jan 02, 2015 |
It is only fools that will ask GEJ to continue as president of this country. The country is in serious trouble and some people are still asking him to ride on. Please change the man through your votes in february. 3 Likes 1 Share |
Re: Oil Slump: FG May Borrow From World Bank, Others by Flye: 10:32am On Jan 02, 2015 |
Pls government try and develop other alternative source of income The Gold reserve from Ilesha to Zamfara The Diamond in Taraba to Calabar The iron ore deposit from Ogbomo, Enugu iktape to Zamfara All this are enough to safe this nation during the trying time. 1 Like |
Re: Oil Slump: FG May Borrow From World Bank, Others by dmola(m): 10:32am On Jan 02, 2015 |
rosemary1500:Hey cute HNY I like ur chubby look cn we relate? |
Re: Oil Slump: FG May Borrow From World Bank, Others by Odward(m): 10:33am On Jan 02, 2015 |
dats wat they call New year Resolution.....Great year with Greater Debts#Thumbs up GEJ. The lord is ur strength |
Re: Oil Slump: FG May Borrow From World Bank, Others by Obinoscopy(m): 10:34am On Jan 02, 2015 |
1 Like |
Re: Oil Slump: FG May Borrow From World Bank, Others by Donbrig: 10:34am On Jan 02, 2015 |
Always borrowing and borrowing, instead of creating wealth by diversifying the economy and fighting corruption aggressively. GEJ govt is borrowing money generations to come can't even afford to pay back. Had it been GEJ was able to fight corruption, all the billions of dollars all his political cronies are siphoning out of the country on daily basis would be enough to put the country back to shape in this critical economical times. GEJ govt had murdered sleep. 3 Likes |
Re: Oil Slump: FG May Borrow From World Bank, Others by yemionline(m): 10:34am On Jan 02, 2015 |
We have so many other mineral and natural resources to tap into. why we choose to depend solely on crude oil still remains a mystery to me. 1 Like |
Re: Oil Slump: FG May Borrow From World Bank, Others by dmola(m): 10:34am On Jan 02, 2015 |
Na waoo |
Re: Oil Slump: FG May Borrow From World Bank, Others by WaliyinAllah(m): 10:35am On Jan 02, 2015 |
Re: Oil Slump: FG May Borrow From World Bank, Others by temi4fash(m): 10:35am On Jan 02, 2015 |
bruno419: When would you begin to reason? |
Re: Oil Slump: FG May Borrow From World Bank, Others by Nobody: 10:35am On Jan 02, 2015 |
While at that,why not borrow some senses for the clueless one. |
Re: Oil Slump: FG May Borrow From World Bank, Others by dammytosh: 10:35am On Jan 02, 2015 |
And some underaged Nairalanders will ask stup1d questions like what did Obasanjo do ? Obasanjo opened EXESS CRUDE oil account for times like this. That is why he left a lot of money when he was leaving. The purpose of the account is that budget is made assuming a base amount we will sell the crude oil, in case the price sky rocket, let us spend within budget and save the extra for the day the price will go below budget or any other emergency reasons. GEJ and his saTANic team came, closed the account in conjuction with Arm robber Governors (A leader should have a mind of his own not jumping at any thing Fashola or Oshiomole endorse) They spent all the money in the account with no infrastructural project to point to. Now that we need the fund, they are borrowing from World Bank. I remember the President, Aunty Ngozi saying, "This is the right time to spend the money". No wonder the Vice President Gooluck Egbere Jolantern supported it. Now we are back to square 0 and some tribalist, religious bigots be like GEJ till 2019 in jail. 10 Likes 3 Shares |
Re: Oil Slump: FG May Borrow From World Bank, Others by yomi007k(m): 10:36am On Jan 02, 2015 |
chaloner: In order to move forward sometyms u need 2 go back 2 d drawing board. 2 Likes |
Re: Oil Slump: FG May Borrow From World Bank, Others by BRAV0O(m): 10:37am On Jan 02, 2015 |
Will this make nigerians to go on strike ? I don't think so , GEJ/FG can u pls strike us hard ! More bad market news pls |
Re: Oil Slump: FG May Borrow From World Bank, Others by Matthewbriggs(m): 10:37am On Jan 02, 2015 |
Ayekotoo: He did not do any miracle he came and made it much worse. Go back and read your history books. 1 Like |
Re: Oil Slump: FG May Borrow From World Bank, Others by chaloner(m): 10:39am On Jan 02, 2015 |
yomi007k:I knw jus nid uu to say amen to dat. Hapy new year |
Re: Oil Slump: FG May Borrow From World Bank, Others by koredeolanrewaju(m): 10:40am On Jan 02, 2015 |
Am just crying for our Govt borrowing from outsiders when we have our CBN functioning and that can print for as many monies as possible..y borrowing? Let them print for this project to be executed instead of debt financing. Too much nah..crazy pple. God will help us in this country. |
Re: Oil Slump: FG May Borrow From World Bank, Others by slightlyMad(f): 10:40am On Jan 02, 2015 |
HEIGHT OF CLUELESSESS so this is the preparation this guy has up his sleeves |
Re: Oil Slump: FG May Borrow From World Bank, Others by Nobody: 10:41am On Jan 02, 2015 |
I hope these clueless kleptos do not sell/auction nig. before feb.14! #change2015! 1 Like |
Re: Oil Slump: FG May Borrow From World Bank, Others by darepoju(m): 10:41am On Jan 02, 2015 |
why must fg borrow... OBJ cleared those debts.... don't sink this nation into that ocean of debt again pls. Islamic dev bank tooo...? that's crazy... if fg takes money from them... it means we are entangled until the debt is cleared...... PRECIDENCY USE UR HEAD O.... |
Re: Oil Slump: FG May Borrow From World Bank, Others by richybanky(m): 10:42am On Jan 02, 2015 |
3years ago, Dr. Ebele Jonathan threw Nigeria in confusion and economic hardship by removing the subsidy on fuel... Oga jonathan in his usual manner of lying with gentility told nigerians that the economy was ending for the rocks,that subsidy removal was the only panacea... Three years after, nothing has changed, nobody has felt the effect of the money saved from subsidy... This singular pain, deceitfully inflicts d on the masses is enough to reject Mr.Jonathan at the poll in the coming election... GEJ is a 'bad product' that is very difficult to advertise/sell...Nigeria has never being this stagnant since 1999.. Obasanjo was known for fighting corruption by institutionalising EFFC even if it was carrot and stick method, He was concerned for the health of his fellow citizens by putting in place NAFDAC..He changed the face of communication in Nigeria and many more... Late Yaradua was known for amnesty... Abeg, what is President Jonathan known for? 2 Likes |
Re: Oil Slump: FG May Borrow From World Bank, Others by plumule(m): 10:45am On Jan 02, 2015 |
this is a complete waste of our time, let dem come borrow from dad he is stickenly rich like Bleep |
Re: Oil Slump: FG May Borrow From World Bank, Others by nijanigga: 10:45am On Jan 02, 2015 |
I thought Ngo-baby said Nigerian's economy is strong and nothing to worry about just few months ago, Ngo-baby wetin happen now? yeye, history will be violent with these bunch of looto-crap. 1 Like |
Re: Oil Slump: FG May Borrow From World Bank, Others by jaybee3(m): 10:46am On Jan 02, 2015 |
This is exactly what all you clueless ijiots shouting GEJ till eternity don't understand. Your futures are going to be mortgaged to cushion the effect of the slumping oil price. Before y'all descend on me, i know slumping prices ain't GEJ's fault but leaders are meant to have foresight and what guarantees do you have that money borrowed will be used accordingly? Y'all are just getting bleeped right left and center. 2 Likes |
Re: Oil Slump: FG May Borrow From World Bank, Others by ednut1(m): 10:47am On Jan 02, 2015 |
the west are jst plain evil. all dis oil crash na der handwork. btw okonjo shud fuk off |
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