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Buhari Borrows 2.1 Billion Dollars From World Bank To Rebuild North East - Politics (5) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Buhari Borrows 2.1 Billion Dollars From World Bank To Rebuild North East (21676 Views)

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Re: Buhari Borrows 2.1 Billion Dollars From World Bank To Rebuild North East by Ebukaokeke25: 10:33am On Jul 22, 2015
SenseiX:
The same people who derided and criticized GEJ relentlessly for supposedly accumulating debt are borrowing left, right and centre
N by the time he leaves office in 2023 he would have paid it all back n not leave the country in debts as Dr. Jonathan did.
Re: Buhari Borrows 2.1 Billion Dollars From World Bank To Rebuild North East by fairheven: 10:37am On Jul 22, 2015
sweetgala:


The SE waged a war against the Nigerian state as a coalition, BH neither represents the interests nor the will of the NE people.

At no point have the NE submitted an intention to vacate the Nigerian state or violently attempted a succession.


Was it the SE that waged war or was is Gowon and Nigeria state that waged war against SE ?why do we always twist history to suit us ?

1 Like

Re: Buhari Borrows 2.1 Billion Dollars From World Bank To Rebuild North East by sweetgala(m): 10:47am On Jul 22, 2015
pazienza:


That is of no significance. The facts remain:

1.Boko Haram grew and was nurtured by North easterners.

2. The Boko problem was created by NE

3. The campaign against Boko has cost Nigeria Billions of dollars. And someone has to pay for it.

4. Boko wouldn't have survived without the support of NEasteners. Boko members are consistently being supplied by NE population.

5. NE must be used as a scape goat to prevent other regions from allowing terrorist groups grow in their region.



You should listen to yourself for a minute; you deserve a slap to reset your brain
Re: Buhari Borrows 2.1 Billion Dollars From World Bank To Rebuild North East by pazienza(m): 10:54am On Jul 22, 2015
sweetgala:


You should listen to yourself for a minute; you deserve a slap to reset your brain

Atleast I have a brain. You, my friend are a jellyfish. *grins*

5 Likes

Re: Buhari Borrows 2.1 Billion Dollars From World Bank To Rebuild North East by Nobody: 11:11am On Jul 22, 2015
Now a whopping 2.1 billion dollars is being directed at the North-East alone. There is West, East and South. Seat tight for the tribalistic governance...

2 Likes

Re: Buhari Borrows 2.1 Billion Dollars From World Bank To Rebuild North East by Magicc: 11:21am On Jul 22, 2015
It is not far better, it is worst.

Only if we had informed people in Nigeria.

Did you not witness Greece refusing IMF bailout. It is an agenda to keep a country perpetually indebted.

Go, look up the story of Iceland and how she saved herself.

Do not ever borrow. Live within your own means.


PassingShot:
This will keep start the battered economy of the NE if true.


If the emboldened is correct, it's far better than what normally obtains in the capital market.

1 Like

Re: Buhari Borrows 2.1 Billion Dollars From World Bank To Rebuild North East by IGBOSON1: 12:06pm On Jul 22, 2015
sweetgala:


The SE waged a war against the Nigerian state as a coalition, BH neither represents the interests nor the will of the NE people.

At no point have the NE submitted an intention to vacate the Nigerian state or violently attempted a succession.

^^^You're only telling half the story, and starting the story from the middle instead of from the beginning!

Or are you one of those who posit that Biafra/Eastern Region just woke up one morning and decided to secede.....and that poor innocent and just Nigeria is the 'victim' here!?

3 Likes

Re: Buhari Borrows 2.1 Billion Dollars From World Bank To Rebuild North East by dondo83(m): 12:09pm On Jul 22, 2015
onatisi:
it is u whose brain is reasoning upside down . Indicate any part in the article where it is written that it is the NE region that will repay back the loan

I know common sense is'nt common to you so i get your plight. did you know states like lagos took world bank loan for infrastructural development ? will the money be paid back by FG? from the write up is there any part that states that FG borrowed the money on behalf of north east?
Re: Buhari Borrows 2.1 Billion Dollars From World Bank To Rebuild North East by sweetgala(m): 12:14pm On Jul 22, 2015
IGBOSON1:


^^^You're only telling half the story, and starting the story from the middle instead of from the beginning!

Or are you one of those who posit that Biafra/Eastern Region just woke up one morning and decided to secede.....and that poor innocent and just Nigeria is the 'victim' here!?

The story started in January 1966 when certain military elements *from a certain region decided to murder the fathers of our democracy and the only true patriots Nigeria has ever seen. Now that is the beginning of the story
Re: Buhari Borrows 2.1 Billion Dollars From World Bank To Rebuild North East by pazienza(m): 12:26pm On Jul 22, 2015
sweetgala:


The story started in January 1966 when certain military elements *from a certain region decided to murder the fathers of our democracy and the only true patriots Nigeria has ever seen. Now that is the beginning of the story

Nzeogwu= Mid west
Ifeajuna= East
Ademoyega= West.

List the rest. What particular region are you speaking of?

6 Likes

Re: Buhari Borrows 2.1 Billion Dollars From World Bank To Rebuild North East by Bonuwa: 12:38pm On Jul 22, 2015
He should wipe off boko first b4 tinking of rebuilding NE cow

2 Likes

Re: Buhari Borrows 2.1 Billion Dollars From World Bank To Rebuild North East by Happiness87(f): 12:40pm On Jul 22, 2015
fulanimafia:


Did you read the terms of the loan? Interest will not be paid till after ten years and repayment which will be spread over 30 years, will be at a lower interest rate than usual.

What you should be concerned about are the efforts that are being made to grow the economy so we do not feel the pinch when repayment commences eventually.



The underlying justification of any loan is purpose.

Jonathan in March this year borrowed another $2 billion under the guise of strengthening our currency after spending over $4 billion on his Presidential campaign. Who in his right senses will not condemn this senseless misplacement of priorities?

Contrast that with PMB that is borrowing to rebuild the devastated NE and restoring a semblance of hope for Nigerians caught in the war. You're comparing apples and oranges.
you just sit down in your house and Assume nonsense.

3 Likes

Re: Buhari Borrows 2.1 Billion Dollars From World Bank To Rebuild North East by sweetgala(m): 12:45pm On Jul 22, 2015
pazienza:


Nzeogwu= Mid west
Ifeajuna= East
Ademoyega= West.

List the rest. What particular region are you speaking of?

Kaduna Nzeogwu is not mid west please do not try that treacherous claim. Everyone knows what happened January 1966 , how tafawa balewa was murdered like poultry and Ahmadu Bello a who saudana was killed and dumped on the Lagos Ibadan express , how Akintola was killed , how igbos in kaduna and SE rejoiced and gloated about the whole episode.
Re: Buhari Borrows 2.1 Billion Dollars From World Bank To Rebuild North East by Nobody: 12:49pm On Jul 22, 2015
The more you rebuild, the more they destroy. Why not get rid of BH before rebuilding.

2 Likes

Re: Buhari Borrows 2.1 Billion Dollars From World Bank To Rebuild North East by pazienza(m): 1:02pm On Jul 22, 2015
sweetgala:


Kaduna Nzeogwu is not mid west please do not try that treacherous claim. Everyone knows what happened January 1966 , how tafawa balewa was murdered like poultry and Ahmadu Bello a who saudana was killed and dumped on the Lagos Ibadan express , how Akintola was killed , how igbos in kaduna and SE rejoiced and gloated about the whole episode.


Nzeogwu was from Okpanam, present Delta state. That made him a Midwesterner in that era, or Niger deltan/ SS in current era. https://en.m.wikipedia.org/wiki/Chukwuma_Kaduna_Nzeogwu

No evidence of Igbos gloating over and taunting Northerners following Bello and Balewa's death. Those were simply made up by you blood thirsty demons to justify your massacre of innocent citizens.

2 Likes

Re: Buhari Borrows 2.1 Billion Dollars From World Bank To Rebuild North East by IGBOSON1: 1:03pm On Jul 22, 2015
sweetgala:


Kaduna Nzeogwu is not mid west please do not try that treacherous claim. Everyone knows what happened January 1966 , how tafawa balewa was murdered like poultry and Ahmadu Bello a who saudana was killed and dumped on the Lagos Ibadan express , how Akintola was killed , how igbos in kaduna and SE rejoiced and gloated about the whole episode.


^^^One can now begin to understand your hate and nonchalance over certain inhuman acts committed against Easterners and the Eastern Region: you're dangerously misinformed, and have been fed a diet of hate and lies...probably right from childhood!

Kaduna Nzeogwu was from the Mid-Western Region!

Can you show unimpeachable proof that Igbos in kaduna and the South East (which actually never existed at the time) were gloating about the entire episode?

1 Like

Re: Buhari Borrows 2.1 Billion Dollars From World Bank To Rebuild North East by pazienza(m): 1:05pm On Jul 22, 2015
onlinebizinfo:
The more you rebuild, the more they destroy. Why not get rid of BH before rebuilding.

I have a better idea! Why not allow the Odua-Arewa to have the Boko Islamic republic? It will save the money wasted on Boko haram.

Let the North have their Boko republic. Save us all from this future debt and wasted funds used to combat Boko.

2 Likes

Re: Buhari Borrows 2.1 Billion Dollars From World Bank To Rebuild North East by IGBOSON1: 1:16pm On Jul 22, 2015
sweetgala:


The story started in January 1966 when certain military elements *from a certain region decided to murder the fathers of our democracy and the only true patriots Nigeria has ever seen. Now that is the beginning of the story

^^^Ignoring the holes in your assertion that 'certain elements from a certain region' went about murdering leaders from other ethnic groups in cold blood....ignoring this, could you please furnish us with proof that these guys were endorsed and sent out by their kinsmen to commit said murders? Could you provide links to articles to show that a referendum was carried out in the 'region' in question and it was unanimously agreed to despatch this killer squad to go carry out these crimes?

Also, i take it you are also endorsing the pogroms that followed; pogroms which the Nigerian gov't at the time was either unwilling or unable to stop!? Can we also infer that you're endorsing the reneging by Gowon of the Aburi accord which he freely and willingly entered into with the Eastern Region in Ghana; and that arising from this, we should also take it that you endorse the war crimes committed against Biafran non-combatants (women and children) during the uncivil war that was to follow?

1 Like

Re: Buhari Borrows 2.1 Billion Dollars From World Bank To Rebuild North East by kokoA(m): 1:20pm On Jul 22, 2015
kodded:

this buhari get sense at all ?



Tackle boko haram first before thinking of rebuilding any where, who will stay in a place where bomb is their daily bread ? undecided
Na you no get sense. So government should wait for bombs to stop going off before they start planning on how to rebuild the region?
Re: Buhari Borrows 2.1 Billion Dollars From World Bank To Rebuild North East by sweetgala(m): 3:08pm On Jul 22, 2015
IGBOSON1:


^^^Ignoring the holes in your assertion that 'certain elements from a certain region' went about murdering leaders from other ethnic groups in cold blood....ignoring this, could you please furnish us with proof that these guys were endorsed and sent out by their kinsmen to commit said murders? Could you provide links to articles to show that a referendum was carried out in the 'region' in question and it was unanimously agreed to despatch this killer squad to go carry out these crimes?

Also, i take it you are also endorsing the pogroms that followed; pogroms which the Nigerian gov't at the time was either unwilling or unable to stop!? Can we also infer that you're endorsing the reneging by Gowon of the Aburi accord which he freely and willingly entered into with the Eastern Region in Ghana; and that arising from this, we should also take it that you endorse the war crimes committed against Biafran non-combatants (women and children) during the uncivil war that was to follow?

It has been proven beyond doubt that the motivation for the murder of the leaders of the first republic, and the action in slaying specific targets while providing others information which enabled them to slip was based on ethnicity. I'm well read on this topic, certain elements hijacked the plan.

History makes it clear a certain region tried to pull a fast one on Nigeria and they got what they deserved, I have no regrets on that topic.
Re: Buhari Borrows 2.1 Billion Dollars From World Bank To Rebuild North East by sweetgala(m): 3:12pm On Jul 22, 2015
IGBOSON1:


^^^One can now begin to understand your hate and nonchalance over certain inhuman acts committed against Easterners and the Eastern Region: you're dangerously misinformed, and have been fed a diet of hate and lies...probably right from childhood!

Kaduna Nzeogwu was from the Mid-Western Region!

Can you show unimpeachable proof that Igbos in kaduna and the South East (which actually never existed at the time) were gloating about the entire episode?

Please stop that nonsense there is nothing like mid-west geo-political one, when did you ever here someone say they re from the mid-west , Kaduna Neogwu parents re igbo, delta state is considered SS or SE as you choose.
Re: Buhari Borrows 2.1 Billion Dollars From World Bank To Rebuild North East by sweetgala(m): 3:16pm On Jul 22, 2015
pazienza:


Nzeogwu was from Okpanam, present Delta state. That made him a Midwesterner in that era, or Niger deltan/ SS in current era. https://en.m.wikipedia.org/wiki/Chukwuma_Kaduna_Nzeogwu

No evidence of Igbos gloating over and taunting Northerners following Bello and Balewa's death. Those were simply made up by you blood thirsty demons to justify your massacre of innocent citizens.

There were confirmed incidents reported, no apologies from me take your winning to some else. You mess with the bull you get the horns
Re: Buhari Borrows 2.1 Billion Dollars From World Bank To Rebuild North East by Nobody: 3:23pm On Jul 22, 2015
tola9ja:
Am very sure the money will not be embezzle unlike the former government
they will pave d streets of NE with gold using the money. Baboons in d zoo

1 Like

Re: Buhari Borrows 2.1 Billion Dollars From World Bank To Rebuild North East by pazienza(m): 3:29pm On Jul 22, 2015
sweetgala:


There were confirmed incidents reported, no apologies from me take your winning to some else. You mess with the bull you get the horns

Post a credible source to this phantom "confirmed incidents" of yours.
Re: Buhari Borrows 2.1 Billion Dollars From World Bank To Rebuild North East by tiwo31: 3:37pm On Jul 22, 2015
Keep on taking money from these people and then when then give you orders to implemement Gay Marriage, you start to huff and puff.

Shame on you all.

1 Like

Re: Buhari Borrows 2.1 Billion Dollars From World Bank To Rebuild North East by socialmediaman: 3:40pm On Jul 22, 2015
SenseiX:

The loan terms are typical of all World Bank and IMO loans and I have no qualms with it, I actually think the loans are a good idea if judiciously used...My grouse is with the hypocrisy of it all, considering the way the APC vehemently opposed and criticized these same World Bank loans with similar terms and conditions when NOI was finance Minister

A true Nigerian wouldnt say this knowing Nigerians' problem with GEJ has always been corruption. Fight corruption, he refused, why should Nigerians trust him with their money?
Re: Buhari Borrows 2.1 Billion Dollars From World Bank To Rebuild North East by Shymm3x: 5:28pm On Jul 22, 2015
sweetgala:

Because we know we'll need the loan. And in order to totally defeat BH , we need to enable the people of the NE without delay once BH have been destroyed , giving them strength , with the BH Menace many children have been born without proper post natal care, without vaccinations , polio and other diseases can cause damage if not addressed early.

The kids need to be put in classrooms so they grow into responsible teenagers and adults, trade needs to be energized , IDP need to be resettled

Take partisanship out of it: do you really believe this is a good initiative? A lot is at stake and I honestly don't think it's right to basically support everything blindly.

Err, let me use another analogy. Let's say you just took over as the CEO of the badly managed company, and you're yet to get a proper balance sheet of the income/expenditure of the company; select a team you want to work with; don't really have a proper plan/blueprint on what direction you'll take (you need a team to do that) etc. Would taking a loan be the first thing to do, especially when what you're allegedly taking the loan for has to wait till there's peace?

I need honest answers.
Re: Buhari Borrows 2.1 Billion Dollars From World Bank To Rebuild North East by Nobody: 6:29pm On Jul 22, 2015
SenseiX:
The same people who derided and criticized GEJ relentlessly for supposedly accumulating debt are borrowing left, right and centre
That is going to be a burden to the tax payers in the future while the foot army continues to bomb North East of the nation. The hill goat, dullard aka 'Baba Go Slow', is a scam! The foolish Nigerians keep on praising him in his failures.

2 Likes

Re: Buhari Borrows 2.1 Billion Dollars From World Bank To Rebuild North East by Nobody: 6:37pm On Jul 22, 2015
slap1:
A region that destroyed itself is rebuilt, but the Niger-Delta that is constantly destroyed by the government is ignored.
That is the plan. That country is run like a mafia state. It is a shame that it will remain in perceptual abject poverty and primitiveness for many years to come. Silly youths doing nothing than to praise mediocrity and leaders who hijack their future! Ptui! angry lipsrsealed lipsrsealed cry cry cry cry

3 Likes

Re: Buhari Borrows 2.1 Billion Dollars From World Bank To Rebuild North East by londoner: 7:29pm On Jul 22, 2015
fulanimafia:


Did you read the terms of the loan? Interest will not be paid till after ten years and repayment which will be spread over 30 years, will be at a lower interest rate than usual.

What you should be concerned about are the efforts that are being made to grow the economy so we do not feel the pinch when repayment commences eventually.



The underlying justification of any loan is purpose.

Jonathan in March this year borrowed another $2 billion under the guise of strengthening our currency after spending over $4 billion on his Presidential campaign. Who in his right senses will not condemn such senseless misplacement of priorities?

Contrast that with PMB that is borrowing to rebuild the devastated NE and restoring a semblance of hope for Nigerians caught in the war. You're comparing apples and oranges.

Efforts are being made to build the NE not the country as a whole.....let's see if he comes back with any arrangement for ALL other regions. If not then this is no different than what people complained about the first time he was head of state. Siting most in and for his own region.

2 Likes

Re: Buhari Borrows 2.1 Billion Dollars From World Bank To Rebuild North East by ollyruffy: 7:39pm On Jul 22, 2015
What is the sense in this? You want to collect loan to build house that Boko haram are still bombing?

1 Like

Re: Buhari Borrows 2.1 Billion Dollars From World Bank To Rebuild North East by Dmouthed(m): 7:55pm On Jul 22, 2015
Who is gonna pay this loan? = Nigeria

This is one Nigeria

I will fight qurroption

I will CHANGE Nigeria (North)

1 Like

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