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Buhari Has So Far Borrowed $3b without doing anything at all - Politics (2) - Nairaland

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Re: Buhari Has So Far Borrowed $3b without doing anything at all by Deepfreezer(m): 6:48am On Nov 22, 2015
Adminisher:

Buhari is not corrupt. Okonjo Iweala borrowed $2bn just a month before Jonathan handed over to pay her friends the fuel smugglers....sorry importers
Let me tell you the truth. 2015 was very bad for Nigeria . We were not selling much oil even at the low price. Yet PDP looted the treasury in the first four months. One of the things that delayed government was lack of money. Nigerians are not thinking well and some people are behaving like raped women falling in love with the rapist.
There are very harsh realities and everyone must get serious. The oil price this month is just under $40 a barrel. That is a disaster compared with the fact that it was $114 a barrel just a year ago. The borrowings started with PDP to pay their friends who imported fuel . That alone was $2bn. You can ask Okonjo.The APC government has to revamp refineries, sack middle and top management and give them to asset management companies to run, they need to collapse ministries and bring down the cost of governance. The public works programme must employ a lot of youths and finally new investments from India , China and Europe must be brought in.
see reasoning, so because of that buhari government should go on and loot? Nigeria is truely a Zoo with animals as citizens

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Re: Buhari Has So Far Borrowed $3b without doing anything at all by Chigorkizz(m): 6:55am On Nov 22, 2015
Land grabbers.
Re: Buhari Has So Far Borrowed $3b without doing anything at all by Nobody: 7:09am On Nov 22, 2015
PassingShot:
Your opening statements alone gave you away as a very poor student of logic.

If GEJ's govt $18bn loan in only five years could be justified despite earning unprecedented billion of dollars in crude sale in those five years, common sense should tell you that a regime earning just a third of what Jona earned through crude sale will need more than double of what he borrowed.

Besides, a very large chunk of the $3bn you're talking is for settling some of the debt Jona left behind. E.g, the oil subsidy debt, workers' salary backlog, presidential fleet maintenance debt, etc.

So, next time, think deeply before you come here to spew rubbish.

If you add that to the $billions OBJ left behind for the last administration, the $billions wasted by the drunken master of otueke is beyond comprehension. Oya, wailing bandits, over to you!

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Re: Buhari Has So Far Borrowed $3b without doing anything at all by millhouse: 7:58am On Nov 22, 2015
Hia
Re: Buhari Has So Far Borrowed $3b without doing anything at all by great664(m): 7:59am On Nov 22, 2015
Jonathan 5years in power, Nigeria never cried for PMS even on any feastive period but here we are buying PMS 300 per liter.
Re: Buhari Has So Far Borrowed $3b without doing anything at all by thundafire: 8:14am On Nov 22, 2015
Toktee:
This one is a special candidate in yaba.
Yaba escapee.

am no yoruba
Re: Buhari Has So Far Borrowed $3b without doing anything at all by BobNeli(m): 8:31am On Nov 22, 2015
Toktee:
If you dare forget history,you are on your own,when you know where you are coming from,you will never missed your way to where you are going bro.
My dear, adages are not ment for pleasures. Or qouting out of context. It is not just a show of knowledge or how many of them that u can qoute. It is a witty idea that's ment to support our motion. What u just did here, is in total contradiction to ur own very self. If the past has any lesson to teach us, it must be never to allow ourselves be used twice. "Once bitting, twice shy." if u want to make use of any experience, u must be prompt. And not always to cry the wolf. Somebody just highlited certain anormalies he sensed from the present management of ur inheritance which have been badly managed in the past. And all u could do is allow ur fanatism becloud ur sense of reasoning as if u have something to share from the loot of the present management if at all. Why didnt ur experience of the past spur u into rational aproach to the issues highlited? Are u going to still sit back there and cry over a spilt milk when the damages had been done again?

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Re: Buhari Has So Far Borrowed $3b without doing anything at all by Nobody: 8:34am On Nov 22, 2015
PassingShot:
Your opening statements alone gave you away as a very poor student of logic.

If GEJ's govt $18bn loan in only five years could be justified despite earning unprecedented billion of dollars in crude sale in those five years, common sense should tell you that a regime earning just a third of what Jona earned through crude sale will need more than double of what he borrowed.

Besides, a very large chunk of the $3bn you're talking is for settling some of the debt Jona left behind. E.g, the oil subsidy debt, workers' salary backlog, presidential fleet maintenance debt, etc.

So, next time, think deeply before you come here to spew rubbish.



Ur so so stupidd.
Re: Buhari Has So Far Borrowed $3b without doing anything at all by IbokUtoroh(m): 8:38am On Nov 22, 2015
Toktee:
E-diot,why don't you and your fellow wailers ask ed jonadullardz to account for the eight wasted years?
bunch of hypocrites.








eight wasted wetin abeg?
8 yrs abi aid yrs?
Re: Buhari Has So Far Borrowed $3b without doing anything at all by Nobody: 8:39am On Nov 22, 2015
banki:


Wow did you actually type all of this?
1) so if you were president of nigeria and nnamdi kanu is instigating violence and calling for the purchase of weapons you will just let him go like that? I mean can nnamdi kanu or anyone do that in the usa uk belguim Russia Ghana or even south africa?
2) dasuki and all other "sick superstars" are lucky that we are even in a democracy, please people like you dislike buhari and don't see anything right in anything he does but for this dasukis case it's a NO No
3) so what if mtn is fined? Is mtn bigger than volkswagen that were fined in Germany and other countries in Europe and America did that stop people from buying volkswagen cars? If MTN goes so what? Nigeria is a hot bed for so many investors YES if they go there are a million and one other GSM companies ready to come with better offers
4) what is this nonsense fixation with useless critisism? What I expect us young people to critisize this government for are things like why do we have this fuel scarcity? What is being done about it? Why have the marketers not been paid? What is the policy on subsidy
5) this story of over 100 soldiers missing or dead raises pertinent questions it's totally different from 300girls been kidnapped from a school, everything isn't about GEJ vs PMB the elections are over!







This Nnamdi kalu ish can change nigeria to A useless nation for a long time.
Re: Buhari Has So Far Borrowed $3b without doing anything at all by BobNeli(m): 8:44am On Nov 22, 2015
GenOrumov:
And when did he borrow $3billion and Nigerians didn't know about it?
Quit this rubbish and dig out facts instead of this shit.
I hope u are truely a Nigerian? Give ur time to inquiries and be current with the news. Have u heard about the 2.1 trillion naira lone by mr president to round off the budget of this fisical year which is already a month to elapse. Have u heard about the 2.5billion presidential airfleet maintainance withing 6months. Same airfleet that was maintained at a total cost 1.8billion in the whole year of 2014? I hope we wouldnt let our brooding over the past maladministrations give this present administration impunity to do the worst?

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Re: Buhari Has So Far Borrowed $3b without doing anything at all by bobbiekrantz: 9:24am On Nov 22, 2015
Zombies always involving GEJ in the their misfortunes and incessant failures! grin

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Re: Buhari Has So Far Borrowed $3b without doing anything at all by Earthkumy(m): 11:54am On Nov 22, 2015
All this Buhari sycophants don't understand that he who points out your error wants you to correct it and do better

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Re: Buhari Has So Far Borrowed $3b without doing anything at all by OreMI22: 5:30pm On Nov 22, 2015
OTDR:


If you add that to the $billions OBJ left behind for the last administration, the $billions wasted by the drunken master of otueke is beyond comprehension. Oya, wailing bandits, over to you!
grin grin grin grin grin grin grin grin cheesy cheesy cheesy cheesy cheesy cheesy cheesy

APC pipul sef...lol.... grin grin grin grin
Re: Buhari Has So Far Borrowed $3b without doing anything at all by Nobody: 6:20pm On Nov 22, 2015
Adminisher:

Buhari is not corrupt. Okonjo Iweala borrowed $2bn just a month before Jonathan handed over to pay her friends the fuel smugglers....sorry importers
Let me tell you the truth. 2015 was very bad for Nigeria . We were not selling much oil even at the low price. Yet PDP looted the treasury in the first four months. One of the things that delayed government was lack of money. Nigerians are not thinking well and some people are behaving like raped women falling in love with the rapist.
There are very harsh realities and everyone must get serious. The oil price this month is just under $40 a barrel. That is a disaster compared with the fact that it was $114 a barrel just a year ago. The borrowings started with PDP to pay their friends who imported fuel . That alone was $2bn. You can ask Okonjo.The APC government has to revamp refineries, sack middle and top management and give them to asset management companies to run, they need to collapse ministries and bring down the cost of governance. The public works programme must employ a lot of youths and finally new investments from India , China and Europe must be brought in.



You have stylishly escaped the q at hand.
We generated 4 Trillion naira+ in 5 months.
Equivalent of 800 billion per month.
Budget is estimated at 300 billion averagely per month.
We have an excess of about 500 billion each month
Buhari has borrowed about $3 billion. 6 trillion naira.
He hasn't paid marketers, he complains we are broke and he doesn't pay salaries on time, and no capital projects....
What is the excess monies being used for?

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