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Buhari Seeks Senate Approval To Borrow N2.10 Trn - Politics (5) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Buhari Seeks Senate Approval To Borrow N2.10 Trn (29270 Views)

Buhari Seeks Senate's Approval For $5.5bn Foreign Loan / Osinbajo Seeks Senate's Approval For $1.5 Billion Loan / Dogara Seeks Senate’s Approval For Removal Of IGP (2) (3) (4)

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Re: Buhari Seeks Senate Approval To Borrow N2.10 Trn by lumenafrica: 4:32pm On Nov 18, 2015
Watch This Hilarious Hotel Fight and make sure you share and not enjoy the fight alone.
i had to cover it for your viewing pleasure

https://www.youtube.com/watch?v=-6cx5uaNya0
Re: Buhari Seeks Senate Approval To Borrow N2.10 Trn by Okanokan(m): 4:33pm On Nov 18, 2015
What is the Dollar component? And what is it going to be used for? And finally, why borrow for supplementary appropriation and also end up borrowing again for the 2016 Budget?, ??.

2 Likes

Re: Buhari Seeks Senate Approval To Borrow N2.10 Trn by obiak4(m): 4:34pm On Nov 18, 2015
permsec:
Subsidy is a fraud-Buhari.

Buhari to pay #425 billion for subsidy.

Therefore, Buhari is a fraud.



Any govt that advertises its achievements on the newspapers/internet has done nothing- Osibanjo.

Osibanjo advertises himself on the newspaper/internet.

Therefore, Osibanjo has done nothing.


Unlike before the APC govt would be chanting "The PDP govt is incurring the nation into massive debt and milking the country dry"

Just like the game of chess, you see wondeful moves as a viewer but those steps tend to disappear or fade into oblivion when you bcome a player.


What happened to cutting down cost and blocking loopholes.

WE ARE BACK TO 1985! Both in fashion and otherwise.
two bottles of anointed oriigin from my cool fridge for you
epic
apc has started doing all the things pdp did which they complain abt in the pdp lead administration
Re: Buhari Seeks Senate Approval To Borrow N2.10 Trn by Nobody: 4:34pm On Nov 18, 2015
Jesusloveyou:
no u are wrong, d last share of excess crude acc was before may2013, that was before d crises in nigeria governors forum, so for 2yrs that oil sold above 110 dollars, no kobo entered d acc

I am going through your posts Mr SS.

I cant help but feel very sorry for you.

There is hardly any post you have made out of the over 3700 that you did not insult Jonathan .

I really feel pity for your foolish yoruba brain.

The hunger wey go barb you still dey gym
Re: Buhari Seeks Senate Approval To Borrow N2.10 Trn by Nobody: 4:37pm On Nov 18, 2015
Okanokan:
What is the Dollar component? And what is it going to be used for? And finally, why borrow for supplementary appropriation and also end up borrowing again for the 2016 Budget?, ??.

Abi ohh!

He wants to spend 2 trillion in less than 2 mths and the dullard did not even have the courtesy to tell us on what exactly.

He has also deliberatly refused to mention the dollar component.

It is from here massive looting will commence.

When he finally gets the loan he will devalue the naira after deducting his share of dollars from the loan and present 2 trillion as the money he borrowed.
The man dey learn thief
Re: Buhari Seeks Senate Approval To Borrow N2.10 Trn by obiak4(m): 4:38pm On Nov 18, 2015
permsec:
Subsidy is a fraud-Buhari.

Buhari to pay #425 billion for subsidy.

Therefore, Buhari is a fraud.



Any govt that advertises its achievements on the newspapers/internet has done nothing- Osibanjo.

Osibanjo advertises himself on the newspaper/internet.

Therefore, Osibanjo has done nothing.


Unlike before the APC govt would be chanting "The PDP govt is incurring the nation into massive debt and milking the country dry"

Just like the game of chess, you see wondeful moves as a viewer but those steps tend to disappear or fade into oblivion when you bcome a player.


What happened to cutting down cost and blocking loopholes.

WE ARE BACK TO 1985! Both in fashion and otherwise.
two bottles of anointed oriigin from my cool fridge for you
epic
apc has started doing all the things pdp did which they complain abt in the pdp lead administration
Re: Buhari Seeks Senate Approval To Borrow N2.10 Trn by onatisi(m): 4:40pm On Nov 18, 2015
RevDesmondJuju:


I predicted 20 mths top for either this govt or Nigeria as a whole to collapse.

It is in the hands of the zombies to decide which option they prefer.
bros the rate at which things are going down is alarming. Only complete compound idiots with imbecilic brains will still be blaming gej and the past govt for this present govt inabilities to halt the economic downturn in Nigeria 7months after taking power. This debt will create more emergency billionaires as usual and trust me 3years from now apc and buharo will still be blaming gej and pdp. The big time looting is about to begin ,I have continually said it that buhari is no longer in control of things and a cabal has hijacked power from him.he will only be doing the bidding of those ppl .

2 Likes

Re: Buhari Seeks Senate Approval To Borrow N2.10 Trn by onatisi(m): 4:43pm On Nov 18, 2015
RevDesmondJuju:


I am going through your posts Mr SS.

I cant help but feel very sorry for you.

There is hardly any post you have made out of the over 3700 that you did not insult Jonathan .

I really feel pity for your foolish yoruba brain.

The hunger wey go barb you still dey gym
his stolidity is personal and not ethnically general.there are a vast number of yorubas that are sensible and know the right from wrong

1 Like

Re: Buhari Seeks Senate Approval To Borrow N2.10 Trn by Nobody: 4:43pm On Nov 18, 2015
Dullard has always been a fraud!

2 Likes

Re: Buhari Seeks Senate Approval To Borrow N2.10 Trn by ndcide(m): 4:48pm On Nov 18, 2015
chukymoney:
[color=#990000][/color]

That is why she was appointed instead of well experienced Enelamah. She would just be a figure head in this government.

GBAM.!
Re: Buhari Seeks Senate Approval To Borrow N2.10 Trn by McTobe(m): 4:51pm On Nov 18, 2015
my question is why is this coming at the eve of 2015, why not make woreva this supplementary budget is meant to achieve a part of 2016 budget. On another hand is this loan going to be spend on capital or recurrent expenditure. the picture is not yet clear to me. Anybody in the house can elucidate.

1 Like

Re: Buhari Seeks Senate Approval To Borrow N2.10 Trn by godoluwa(m): 4:55pm On Nov 18, 2015
RevDesmondJuju:
Can somebody tell me what Buhari has done with the 2015 budget he inherited?

All FG projects captured under the 2015 budget have been abandoned and we are yet to hear of any major project unveiled by this administration. So what is he doing with the revenue that is coming in daily to the federal purse?


Now the goat wants to take an IMF loan as predicted WITHOUT stating categorically what he intends to do with the money.

If any of you have sense better go buy dollars because before the end of january next year the naira will be devalued and trading at 500 !

Every single warning and prediction i have made about this Buhari govt is coming to reality.

God punish all you APC zombies that voted with your anus

THUNDER FIRE ALL APC SUPPORTERS
Re: Buhari Seeks Senate Approval To Borrow N2.10 Trn by chopido(m): 4:55pm On Nov 18, 2015
For what?? I thought he said he was going to do without asking for loan? Now he wants such amount I ask again for what
DONSMITH123:
By Henry Umoru & Joseph Erunke
ABUJA – – President Muhammadu Buhari, has sent a supplementary appropriation bill for the 2015 fiscal year to the Senate for approval.

The president, in a letter conveying his request, which was read Wednesday, during plenary, by the Senate President, Bukola Saraki, asked the Senate to grant his request to borrow the sum of N2.10 trillion to finance the budget.

He explained that the N882 billion loan earlier proposed by the past government to finance the budget had to be raised to N2.10 trillion, due to emerging realities in the country.

The source of the loan, according to the president, would be from both local and foreign.

Details coming- –

Cc: lalasticlala

http://www.vanguardngr.com/2015/11/buhari-seeks-senate-approval-to-borrow-n2-10-trn/
Re: Buhari Seeks Senate Approval To Borrow N2.10 Trn by Trut(m): 5:01pm On Nov 18, 2015
lumenafrica:
Watch This Hilarious Hotel Fight and make sure you share and not enjoy the fight alone.
i had to cover it for your viewing pleasure

https://www.youtube.com/watch?v=-6cx5uaNya0

OK
Re: Buhari Seeks Senate Approval To Borrow N2.10 Trn by SpotlezDonald25(m): 5:03pm On Nov 18, 2015
I'm afraid most of u nairalnders and Nigeria @large are just blind-folded by what you see on media, we think we're operating a transparent economy? Hell No!!

Have u ever thought of where all diz Billions and Trillions go into?? Has it done any good to Benefit the lowest and an average Nigerian
No way. Starting frm the huge amt of money recovered in d name of fighting corruption down to the TSA acct, Down to the Petroleum debt for Marketers and now to borrow about $10Billion all are made visible for us to see but we fail to realize that nothing has been done with these money....this administration is the most corrupt administration ever in all all ramification. I support no "Political Party" in this country!! I hate politics...

All you people come here to do is to show ur intelligence and ignorance. Just watch Nigeria Economy crash totally, den u'll realize the truth. Buhari (with due respect) is a confused old man... Who doesn't know what it means to run an economy or any of its kind.. GEJ was a nice young man who wanted to transform this country with his genuine heart, but he wasn't given a breathing space to do so..

Now take a wide and deeper look of what is Happening to the economy of Africa's Most Popullated country....


I xpected this adminstration to cut down the birth rate of this country, go deep into the rural areas and empower doz people, provide social amenities for them, then create employment for the youth. Bigger the popullation of this country, the more problems we have. They should create an agency to control birth rate..

No due to religion my fellow igbo brother are scared of being enslave by der most hate muslims. And yet not knowing that if something fast is not done to this administration this country will go bankrupt.
This is because these Politicians are taking in our money into dia possessions. But we are too blind to see that. My dear Biafran I'm an igbo like u, what u're aggitating for is what u'll later regret... U only want to bring more sufferings to urself dan good, like a decade of suffering...

In summary, for this country to be in good shape, our current Leaders shud be given a closer watch and not concenrating on just what we see on media... Technology has been created to deceive the world and blind it from see the realities of life.. Its obvious endtime is @hand,. "The more We Look, The Less We See". Just be watchful and pray to God for life., His Wisdom and understanding, to be strong able to face the evils of the world.

#Spotles

2 Likes

Re: Buhari Seeks Senate Approval To Borrow N2.10 Trn by dragon2(m): 5:08pm On Nov 18, 2015
Assuming there has been no major capital expenditure since June( as we did not have a cabinet) what has happened to the oil receipts we have received in the last 5 months?
Re: Buhari Seeks Senate Approval To Borrow N2.10 Trn by obiak4(m): 5:16pm On Nov 18, 2015
Jesusloveyou:
that is why i like PMB, always making headway, unlike ur clueless corrupt hero that were busy eating,stealing and wasting our hard earn resources, for 6yrs, u did not cry, but just 3months of change, u are already crying, but d good people of nigeria are smiling, happy and hoping for a greater tomorrow, happy for escaping from d danger of saTANist pdp, even if i didn't eat for this year, i am just happy that our hard earn resources wil not miss again
hmmmmm
Re: Buhari Seeks Senate Approval To Borrow N2.10 Trn by charlito94(m): 5:58pm On Nov 18, 2015
Everyday our refinery go soon work anoda day e don dey work
Everyday story soon dem go sell Nigeria na so we go dey look
Re: Buhari Seeks Senate Approval To Borrow N2.10 Trn by olaboy001(m): 6:41pm On Nov 18, 2015
RevDesmondJuju:


The hunger wey dey wire una for osun never do una abi?

Go and borrow.

Let me see from which oil you will use to repay which yeye loan
If Nigerians Weren't SENTIMENTAL. Because Somebody Got "No Shoes", Nigeria Won't Be In This Mess Perhaps PMB Won't Be "Ordering Arrest".
Re: Buhari Seeks Senate Approval To Borrow N2.10 Trn by AreaFada2: 6:56pm On Nov 18, 2015
Jesusloveyou:
substantiate what again, it has already be proven that we can generate more than 8tr naira as budget, and ur clueless corrupt ogogoro hero plan a budget of 4.4 tr every year even 2014 that oil was sold above 110 dollar per barrel, without a kobo entering excess crude acc
Nobody said that a mad man cannot go to the farm, whether he does any useful job there is another matter. In your wisdom, budgeting xyz amount of money proves competence or incompetence, corruption or no corruption. grin. Na wa o.

Going by that. IBB who began budgeting in billions should have turned Nigeria into a developed country.

APC supporters, na wa o. The good or bad thing is that we all dey Siddon look.

Fuel scarcity, sacking, and all the difficulty affect everyone. Surely, by May next year, even the zombies will have to accept they cannot blame GEJ forever.
Re: Buhari Seeks Senate Approval To Borrow N2.10 Trn by sammieee(m): 7:15pm On Nov 18, 2015
Mtcheew... If what he want to borrow the money for doesn't yield twice of it by next year December then PMB should be impeach... Na APC strategy be that. They are always noise maker, after that they go on borrowing, then they enforce tax on the citizen to pay off the debt. Just exactly What aregbe did in Osun. He (BUHARI) first borrowed some money recently to help Lagos, now another trillion! Signs of end time. Hope I can buy Nigeria soon before Tinubu does... #LOBATAN

1 Like

Re: Buhari Seeks Senate Approval To Borrow N2.10 Trn by Nobody: 7:26pm On Nov 18, 2015
Supplementary budget for the last quarter of the year? I think he should wait and incorporate it into 2016 budget, or may be he does not want to propose 10trn naira budget. He thinks that adding this 2.10trn will make Nigerians react.
Re: Buhari Seeks Senate Approval To Borrow N2.10 Trn by HastaCuando(m): 7:39pm On Nov 18, 2015
Ok, I just bought a 3D lenses. Keenly watching cool cool cool. As long as the economy is set on the roll, I don't mean the paper economy of telling us the GDP has risen above other countries. let the masses feel the change or nothing!

............ in another news Federal Government Scholars in China still going hungry as a result of unpaid scholarship allowances. Since January 2015, and still counting.... and our government care less... tongue embarassed lipsrsealed undecided cry
Re: Buhari Seeks Senate Approval To Borrow N2.10 Trn by Nobody: 7:57pm On Nov 18, 2015
RevDesmondJuju:


The last administration had rolled out a comprehensive plan to generate financing of capital projects through a strategic long term direct investment package with China.

After the apc got in that commitment was shredded.

The last Chinese African economic summit held in Kenya didnt even have Nigeria present or even invited for that matter. The outcome; Kenya got what we were supposed to have gotten.

I'm so tired of this shit hole called Nigeria.

Karma will punish those that voted this old bastard into power.

The Chinese have gone inward and are now dealing directly with some state governments.

How can you choose the IMF over China. Even NOI that has worked with the world Bank knew not to go near them.

No single gej initiative has been continued by this man, sure p, youwin, everything's dead, yet his borrowing more than twice what was planned

1 Like

Re: Buhari Seeks Senate Approval To Borrow N2.10 Trn by 400billionman: 8:39pm On Nov 18, 2015
Very soon, i will be lending money to Federal govt with interest.

They must pay, i will deduct it from TSA, using irrevocable standing order instruction before FAAC is shared monthly...
Re: Buhari Seeks Senate Approval To Borrow N2.10 Trn by wayitis: 8:57pm On Nov 18, 2015
na wow o. even if baba buhari shit BIG SHIT, some people will still shout sai buhari.
Re: Buhari Seeks Senate Approval To Borrow N2.10 Trn by ideology(m): 9:53pm On Nov 18, 2015
wachakuta:
The Ministers ve submitted thier plans.... time for funding
do you know what supplimentary budget is?? nawaoo na so APC brainwash you reach
Re: Buhari Seeks Senate Approval To Borrow N2.10 Trn by SETI666(m): 10:07pm On Nov 18, 2015
Why does a president needs permission to collect money for the national growth.THIS IS TOTALLYFUCKING WRONG.In National socialism this never happens.
Re: Buhari Seeks Senate Approval To Borrow N2.10 Trn by yyeanqah(m): 10:22pm On Nov 18, 2015
Allah ya ba de sa'a
Re: Buhari Seeks Senate Approval To Borrow N2.10 Trn by Jesusloveyou: 10:22pm On Nov 18, 2015
AreaFada2:
Nobody said that a mad man cannot go to the farm, whether he does any useful job there is another matter. In your wisdom, budgeting xyz amount of money proves competence or incompetence, corruption or no corruption. grin. Na wa o.

Going by that. IBB who began budgeting in billions should have turned Nigeria into a developed country.

APC supporters, na wa o. The good or bad thing is that we all dey Siddon look.

Fuel scarcity, sacking, and all the difficulty affect everyone. Surely, by May next year, even the zombies will have to accept they cannot blame GEJ forever.
u plan budget and misappropriate or divert 50% of ur generated revenue, is that not wickedness and corruption? To remind u that by may next year u must have adjust and adapt to "change"

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