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Fashola Explains Lagos Debt by NgeneUkwenu(f): 12:18am On May 26, 2015 |
Excerpts: It has been said that you are leaving behind about N418bn debt and one wonders what is responsible for the huge debt profile despite the huge revenue generated by the Lagos State Government. I have answered this question many times and it seems people just dwell on debt but in the context of debt, let us look at the assets too. I am leaving behind hundreds of kilometres of roads, bridges, schools, hospitals, courtrooms, social services, skill centres, streetlights and traffic lights. I am leaving behind also people who now have jobs, who did not have jobs seven years ago. I am leaving behind a stronger security force; a stronger LASTMA, a stronger KAI. That is where the money went. I am leaving behind a rail system. I am leaving behind so many assets for the continuity of life. I am also leaving behind a bigger workforce – a better equipped workforce. http://www.punchng.com/politics/jonathans-acceptance-of-defeat-averted-evil-fashola/ 24 Likes 1 Share
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Re: Fashola Explains Lagos Debt by NgeneUkwenu(f): 12:19am On May 26, 2015 |
[size=14pt]So, we take a loan. But we don’t borrow to pay salaries; we don’t borrow for recurrent expenditure, we borrow for capital investments.[/size]~Fashola This is a Technical Knock Out for The Taniods, Satans, and the Useless Oliseh Mumu! 107 Likes 1 Share
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Re: Fashola Explains Lagos Debt by Femolacaster(m): 12:22am On May 26, 2015 |
We don hear o! 1 Like 1 Share |
Re: Fashola Explains Lagos Debt by REMMEI(m): 12:23am On May 26, 2015 |
Uncle Raj though... |
Re: Fashola Explains Lagos Debt by NgeneUkwenu(f): 12:23am On May 26, 2015 |
And when you look at the countries we aspire to be like: America owes $16 trillion – they owe the whole world – but they have the best space ships, aircraft and army, and they can decide what our military does with the debt they owe the world. Oliseh Mumu, Can the same be said of the 60Billion Dollars Debt, you and your useless Party with Dundee President left behind? 38 Likes 1 Share |
Re: Fashola Explains Lagos Debt by kelvyn7: 12:30am On May 26, 2015 |
fashola CASHiola 4 Likes |
Re: Fashola Explains Lagos Debt by NgeneUkwenu(f): 12:30am On May 26, 2015 |
I am leaving behind hundreds of kilometres of roads, bridges, schools, hospitals, courtrooms, social services, skill centres, streetlights and traffic lights. I am leaving behind also people who now have jobs, who did not have jobs seven years ago. I am leaving behind a stronger security force; a stronger LASTMA, a stronger KAI. That is where the money went. I am leaving behind a rail system. I am leaving behind so many assets for the continuity of life. I am also leaving behind a bigger workforce – a better equipped workforce. Can Someone Remind Us, What the Useless Fedora Wearing Drunkard from Otuoke is leaving Behind? 71 Likes |
Re: Fashola Explains Lagos Debt by NgeneUkwenu(f): 12:31am On May 26, 2015 |
lalasticlala, Ishilove, Seun and Obinoscopy, Good Night! |
Re: Fashola Explains Lagos Debt by Nobody: 12:36am On May 26, 2015 |
At the end you still dey owe 22 Likes 1 Share |
Re: Fashola Explains Lagos Debt by enoqueen: 12:39am On May 26, 2015 |
All of una be thief!!!! 18 Likes 2 Shares |
Re: Fashola Explains Lagos Debt by Nobody: 12:45am On May 26, 2015 |
NgeneUkwenu: The question that needs to be answered is if Fashola took out loans and is leaving Lagos indebted. With lowering revenue from the federation account as a result of crude revenue dropping that means Lagos will have far lesser revenue because Irrespective the Bank loan must be repaid. So the question fashola was meant to answer is not what he did with the loan but if he took out a loan in the first place. But your alafin Gbese will not understand because borrow-borrow and long throat of another man's resources is in your genes. 60 Likes 8 Shares |
Re: Fashola Explains Lagos Debt by yimikaa: 12:45am On May 26, 2015 |
This guy is so intelligent. Fash baba Backing it up with facts and figures,laying it bare,even a layman would understand his explanation. 36 Likes |
Re: Fashola Explains Lagos Debt by NgeneUkwenu(f): 12:48am On May 26, 2015 |
yimikaa: That is it! Even that Taniod above you couldn't comprehend! 19 Likes |
Re: Fashola Explains Lagos Debt by NoMoreTrolling: 12:53am On May 26, 2015 |
yimikaa: So the man with the most debt is now viewed as intelligent? Chai! Sycophancy is real 83 Likes 2 Shares |
Re: Fashola Explains Lagos Debt by NoMoreTrolling: 12:57am On May 26, 2015 |
NgeneUkwenu: You guys are grave Behind lickers. Like are you guys for real? How can someone who incurred that amount of debt be so intelligent when you can't even place your finger on what it was used for? Where is the light rail for instance? A system that was to be in operation by June 2013, that's like 2 years ago, smh 63 Likes 5 Shares |
Re: Fashola Explains Lagos Debt by Nobody: 12:59am On May 26, 2015 |
NgeneUkwenu: You can choose to believe a lie even if you know it is a lie but that will never make the lie become the truth. And what is that description that the truth holds again? The truth is bitter! And that is something you shameless shilling self plus your legion of daft plebs can never dispute. 36 Likes 2 Shares |
Re: Fashola Explains Lagos Debt by dustmalik(m): 1:03am On May 26, 2015 |
Fashola just gave the Tanoids TKO (Technical Knockout). For all the unintelligent Tanoids arguing to the contrary, where are your facts and figures? 7 Likes 1 Share |
Re: Fashola Explains Lagos Debt by anonimi: 1:04am On May 26, 2015 |
This should probably rank among the biggest FRAUDULENT SCAM in the nation's history * Four years ago, with plenty fanfare, our gomina (governor) waka go Toronto for inspect and buy aloku scrap metal trains => Fashola visited Toronto earlier this year to inspect the TTC trains. * In January 2013, i.e. some two years after the Toronto visit, our excellent governor said the trains will be ready by June, i.e. five months after the unsolicited statement, based on his inspection & assessment of work done so far at the time => Lagos light rail’ll be ready in June – Fashola * Last year, our fine-boy-no-pimples Misita Gomina confessed he had already spent a whopping sum of N160 billion on the light rail that was supposed to be in use since June 2013. Depending on the exchange rate he used that could be $1 billion to $1.2 billion spent How We Spent N160bn World Bank Loan on Light Rail Project As of today, we nor see train, even sef all the billion, billion $$$$$$$$$$$$$$$$$ don disappear enter Toronto. We prayer be sey make dem nor turn around small time sey na bad business like the N8 billion Sunborn floating hotel In fact their candidate, Ambode now dey tell us sey na to restructure the financing and delivery will be in 18 months time. Laakulilai, we don suffer finish in the hands of these scam masters and smooth operators => Why I reached out to Igbo voters –Ambode, Lagos APC governorship candidate Una wey sabi financial management small go know sey the man just dey tell us sey money don finish dem must BORROW plenty $$$$$$$$$$$ loan again to have any hope whatsoever of using the trains in 18 months lohun lohun far away longest time! Can anyone reconcile the fact that the federal government approved LASG's World Bank loan for this project yet they spin us long tales of no federal support. He must think we are all baby pikins wey mama fit tell FAKE tory 84 Likes 15 Shares |
Re: Fashola Explains Lagos Debt by Nobody: 1:04am On May 26, 2015 |
NoMoreTrolling: They started off here as opinion crafting shills and have since graduated to fabricating propagandists. Don't blame them. They have little or no conscience and need to feed. It is the hate filled fools who gobble down every senseless rubbish they are paid to post that have only themselves to be blamed. 28 Likes |
Re: Fashola Explains Lagos Debt by bettercreature(m): 1:08am On May 26, 2015 |
BackDatAssUp:You are a deadly tanoid,I will bookmark your moniker sadly am on mobile phone,would've put you where you belong 3 Likes |
Re: Fashola Explains Lagos Debt by anonimi: 1:09am On May 26, 2015 |
three: See more tables of the SCAM and FRAUD in the quoted post/thread. 20 Likes 1 Share |
Re: Fashola Explains Lagos Debt by NgeneUkwenu(f): 1:10am On May 26, 2015 |
NoMoreTrolling: Mumu TANIOD! So America with the highest Debt should be viewed as "unintelligent"? Economic illiterate! Read below! And when you look at the countries we aspire to be like: America owes $16 trillion – they owe the whole world – but they have the best space ships, aircraft and army, and they can decide what our military does with the debt they owe the world. 4 Likes 1 Share |
Re: Fashola Explains Lagos Debt by Nobody: 1:10am On May 26, 2015 |
bettercreature: Just click on my handle then click follow Silly janjawiid 12 Likes |
Re: Fashola Explains Lagos Debt by sammyj: 1:10am On May 26, 2015 |
Fashola the wise one my role model carry go no shakings!!! 2 Likes |
Re: Fashola Explains Lagos Debt by bettercreature(m): 1:13am On May 26, 2015 |
BackDatAssUp:I don't follow tanoids I make them abandone their moniker and create a new one 5 Likes |
Re: Fashola Explains Lagos Debt by sunnydayasaba(m): 1:14am On May 26, 2015 |
Yes Fashola has cleared d air to an extent, But he still needs to tell the Taxpayers why most of the contract are inflated. I know some people will quote me and say he pays compensation to victims during constructions, but yet, Most Lagos contract are just too over inflated that even a blind man can see through it. If you doubt me, pls take time out to search for d contracts awarded for building new blocks of classroom, it this case, compensations are mostly not paid, then you know what am talking abt. 16 Likes |
Re: Fashola Explains Lagos Debt by Nobody: 1:14am On May 26, 2015 |
NgeneUkwenu: The biggest problem confronting America is the economy which took a downturn because of uncontrollable debt. I know APC will take out an IMF loan package which will tie us down in debt and slavery to the US dollar. So let the shilling begin! 17 Likes |
Re: Fashola Explains Lagos Debt by Nobody: 1:19am On May 26, 2015 |
bettercreature: You are tout and no way a troll. Trolling is an art, science and way of life that you are not capable or mentally equipped to carry out. If I troll you on 10% Troll mode, you probable kill yourself. This will be the last time I have this conversation or any for that matter with you. so if you value your autistic sanity you will do well to BackDatAssOff! 12 Likes 1 Share |
Re: Fashola Explains Lagos Debt by igwedaboss(m): 1:40am On May 26, 2015 |
NgeneUkwenu:You can see that by default people are daftt 4 Likes 1 Share |
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