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2016 Budget Is A Big Fraud - PDP - Politics (3) - Nairaland

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Big Fraud In Buhari's 2017 National Budget Exposed...see Shocking Details / Buhari’s Budget A Big Fraud’ – PDP / Buhari’s Budget A Big Fraud’ – PDP (2) (3) (4)

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Re: 2016 Budget Is A Big Fraud - PDP by Kagarko(m): 5:51pm On Dec 22, 2015
Useless opposition. Pls ask Lai to teach you constructive opposition.


Pls PDP get a sense!

6 Likes

Re: 2016 Budget Is A Big Fraud - PDP by APCLyingBastard: 5:52pm On Dec 22, 2015
Koleman:
"I know many people (wailers) will say “I have heard this
before”. Indeed, trust in Government, due to the
abuse and negligence of the past, is at an all-time
low. This means we must go back to basics. Our
actions will speak for us. My team of dedicated,
committed and patriotic Nigerians is well aware of
the task ahead and I can assure you that we are
taking on the challenge.
We will not betray the trust reposed in us.- BUHARI


Keep blaming and giving weak excuses

Aregberascal can't pay salaries because no bank will loan him.

Yeye
Re: 2016 Budget Is A Big Fraud - PDP by HIGHESTPOPORI(m): 5:53pm On Dec 22, 2015
jaybee3:


What Akpabio earned in AkwaIbom coupled with ridiculously manageable number of people he had to cater for should have propelled that state to Naija's own Dubai

Nonsense
Atleast Apc govs should use AkwaIbom as Standard and try to make their states like that before talking about Change!

1 Like

Re: 2016 Budget Is A Big Fraud - PDP by APCLyingBastard: 5:53pm On Dec 22, 2015
Kagarko:
Useless opposition.
Pls ask Lai to teach you constructive opposition.



Pls PDP get a sense!

Dem pour sniper for this thread

See how all the e roaches dey run come out
Re: 2016 Budget Is A Big Fraud - PDP by fineguy11(m): 5:53pm On Dec 22, 2015
APCLyingBastard:


Because you have no answers.

How will you fund a 7 trillion naira budget when your main earnings is down.
ignorance is bliss for u and your ilks.the US debt to GDP ratio is 96%,ours is less than 15%i.e simply put,THE COUNTRY WITH THE LARGEST ECONOMY is runned by DEBT. in 2008 millions of americans lost their jobs to the economic crises,what strategy did the US govt used in stimulating the economy?simply put,BAIL OUTS.,which was sourced tru incuring more debts.America today has an external debt of more than 16 trillion dollars which they have used to maintain their their economy since time memorial.summary;when your economy is down,the only medium u can use to stimulate it,is INCREASED SPENDING.if u cant source for fund within your revenue limits,u borrow...please dont comment on threads u knw nothing about because it wld amount to DEFICIT THINKING ON YOUR PART,and potray you as having an IQ tantamount to that of a MILLIPIDE.

22 Likes 1 Share

Re: 2016 Budget Is A Big Fraud - PDP by akinsbaba2015: 5:54pm On Dec 22, 2015
What is the wage bill of Akwa Ibom? It can't even measure up to 50% of what Lagos pays to its workers every month.

1 Like

Re: 2016 Budget Is A Big Fraud - PDP by APCLyingBastard: 5:55pm On Dec 22, 2015
HIGHESTPOPORI:
Atleast Apc govs should use AkwaIbom as Standard and try to make their states like that before talking about Change!

They keep looking at what other states get and how they spend it and their eyes are always on the FG but you will never see them channel 1% of the energy them dey use tartafo on their useless state governors.
Re: 2016 Budget Is A Big Fraud - PDP by not4sure(m): 5:56pm On Dec 22, 2015
meforyou1:
I foresee unbearable hunger and poverty in this country before the end of next year

For You and Your Family. Because you party is not ruling that is why you are cursing the country.

6 Likes

Re: 2016 Budget Is A Big Fraud - PDP by jaybee3(m): 5:56pm On Dec 22, 2015
APCLyingBastard:


Aregbe ran a similar sized budget based on debt.

Why is Osun groaning under poverty and wallowing in pigs filth?

Yeye hypocrites

I honestly don't understand your question but If you did maths in school, you should have known a -ve + -ve = misery

The revenue to population isn't comparable so what exactly is your point?

1 Like 1 Share

Re: 2016 Budget Is A Big Fraud - PDP by Koleman(m): 5:57pm On Dec 22, 2015
APCLyingBastard:


Keep blaming and giving weak excuses
Aregberascal can't pay salaries because no bank will loan him.
Yeye
# 2016Budget # Oduagate Sen. Stella Oduah disagrees with her party @PdpNigeria says @NGRPresident budget “Very robust and seemingly thorough.”

2 Likes

Re: 2016 Budget Is A Big Fraud - PDP by akinsbaba2015: 5:58pm On Dec 22, 2015
PDP is a huge joke. They had no success story with their budgets for 16years and now they expect us to take them serious. JOKERS

7 Likes

Re: 2016 Budget Is A Big Fraud - PDP by APCLyingBastard: 5:58pm On Dec 22, 2015
akinsbaba2015:
What is the wage bill of Akwa Ibom? It can't even measure up to 50% of what Lagos pays to its workers every month.

A man earns 500k per month and has 2 kids.

A man earns less than 70k a month and has three wives and 12 kids.

Who is to blame for the latter's poverty? Surely it can't be the one who earns more and has just two kids.

If you can't run a functional govt without oil receipts from Abuja and by borrowing everywhere that just shows how inept, clueless and parasitic your state is.

Stop hating on Akwa Ibom, dem don pass una for Southwest
Re: 2016 Budget Is A Big Fraud - PDP by Jokay07(m): 6:01pm On Dec 22, 2015
APCLyingBastard:



Why 2.1 bn dollars? What happened to "our" $20bn oyel money?

Yeye
why are you asking me as if you don't know?
Didn't you receive from the missing $20 billion dollars NNPC money or Dasuki didn't give you any share from his $2.1 billion dollars arm deal money? Or you want to defend how our $6 billion dollars fuel subsidy money developed wings and flew out of bank account. Which one do you want to defend?

5 Likes

Re: 2016 Budget Is A Big Fraud - PDP by APCLyingBastard: 6:02pm On Dec 22, 2015
jaybee3:


I honestly don't understand your question but If you did maths in school, you should have known a -ve + -ve = misery

The revenue to population isn't comparable so what exactly is your point?

So what is stopping the lazy people of osun from going back to cocoa?

Don't you know that if Akwa Ibom was an independent state free from freeloaders like you, they will be a thousand times far better off?

Your population is no excuse for your poverty given that the resource you depend on isn't from your region.

It is high time you early went back to farming cocoa

Ingrates
Re: 2016 Budget Is A Big Fraud - PDP by onatisi(m): 6:03pm On Dec 22, 2015
bnovative:
It's even more pathetic that the brainwashed followers don't understand the grave danger this fraud of a budget portend.
Nigeria is doomed!!!
RIP to the future!
it is totally pointless and useless pointing out the dangers of the excessive FG proposed borrowings. The only option left is to make Nigerians suffer the consequences. Even obj will be shaking his head in disbelief that the man he supported is taking Nigeria backwards. Truly Nigeria have a dullard in power
Re: 2016 Budget Is A Big Fraud - PDP by Jokay07(m): 6:03pm On Dec 22, 2015
APCLyingBastard:



Why 2.1 bn dollars? What happened to "our" $20bn oyel money?

Yeye
why are you asking me as if you don't know?
Didn't you receive from the missing $20 billion dollars NNPC money or Dasuki didn't give you any share from his $2.1 billion dollars arm deal money? Or you want to defend how our $6 billion dollars fuel subsidy money developed wings and flew out of bank account. Which one do you want to defend?

3 Likes

Re: 2016 Budget Is A Big Fraud - PDP by APCLyingBastard: 6:03pm On Dec 22, 2015
Jokay07:
why are you asking me as if you don't know?
Didn't you receive from the missing $20 billion dollars NNPC money or Dasuki didn't give you any share from his $2.1 billion dollars arm deal money? Or you want to defend how our $6 billion dollars fuel subsidy money developed wings and flew out of bank account. Which one do you want to defend?

You sound like a zombie.

You have no clue how deep propaganda based on ethoreligious hate in the guise of anti corruption has severely dealt with your perception of reality.
Re: 2016 Budget Is A Big Fraud - PDP by Jokay07(m): 6:07pm On Dec 22, 2015
APCLyingBastard:


You sound like a zombie.

You have no clue how deep propaganda based on ethoreligious hate in the guise of anti corruption has severely dealt with your perception of reality.

you mean the the $2.1 billion arms deal money is a propaganda grin . Omenka, come and see something

3 Likes

Re: 2016 Budget Is A Big Fraud - PDP by APCLyingBastard: 6:09pm On Dec 22, 2015
fineguy11:
ignorant is bliss for u and your ilks.the US debt to GDP ratio is 96%,ours is less than 15%i.e simply put,THE COUNTRY WITH THE LARGEST ECONOMY is runned by DEBT.in 2008 millions of americans lost their jobs to the economic crises,what strategy did the US govt used in stimulating the economy?simply put,BAIL OUTS.,which was sourced tru incuring more debts.America today has an external debt of more than 16 trillion dollars which they have used to maintain their their economy since time memorial.summary;when your economy is down,the only medium u can use to stimulate it,is INCREASED SPENDING.if u cant source for fund within your revenue limits,u borrow...please dont comment on threads u knw nothing about because it wld amount to DEFICIT THINKING ON YOUR PART,and potray you as having an IQ tantamount to that of a MILLIPIDE.


Retardo the US can print dollars, can you?

You guys are really daft to say the least

1 Like

Re: 2016 Budget Is A Big Fraud - PDP by Favparis(f): 6:12pm On Dec 22, 2015
Haba PDP, this is coming too early na........

1 Like

Re: 2016 Budget Is A Big Fraud - PDP by Favparis(f): 6:15pm On Dec 22, 2015
Haba PDP, this is coming too early na........ Budget never even see break of light
Re: 2016 Budget Is A Big Fraud - PDP by APCLyingBastard: 6:15pm On Dec 22, 2015
onatisi:
it is totally pointless and useless pointing out the dangers of the excessive FG proposed borrowings. The only option left is to make Nigerians suffer the consequences. Even obj will be shaking his head in disbelief that the man he supported is taking Nigeria backwards. Truly Nigeria have a dullard in power


Osun is there for all to see.
Re: 2016 Budget Is A Big Fraud - PDP by bnovative(m): 6:24pm On Dec 22, 2015
Jokay07:
what could be more dangerous than mismanaging a whole $2.1 billion meant to purchase arms but was shared from head to toe.
If i can remember, the topic is about buhari's budget; u will do well to make your point on the issues of this budget.
I understand ur urge to blame gej is gratifying but how can we make progress?
Re: 2016 Budget Is A Big Fraud - PDP by APCLyingBastard: 6:27pm On Dec 22, 2015
fineguy11:
ignorant is bliss for u and your ilks.the US debt to GDP ratio is 96%,ours is less than 15%i.e simply put,THE COUNTRY WITH THE LARGEST ECONOMY is runned by DEBT. in 2008 millions of americans lost their jobs to the economic crises,what strategy did the US govt used in stimulating the economy?simply put,BAIL OUTS.,which was sourced tru incuring more debts.America today has an external debt of more than 16 trillion dollars which they have used to maintain their their economy since time memorial.summary;when your economy is down,the only medium u can use to stimulate it,is INCREASED SPENDING.if u cant source for fund within your revenue limits,u borrow...please dont comment on threads u knw nothing about because it wld amount to DEFICIT THINKING ON YOUR PART,and potray you as having an IQ tantamount to that of a MILLIPIDE.

You can only add stimulus when you have viable diverse economy with a solid manufacturing base and a strong currency to boot.

Nigeria is not America on all levels. You borrow in dollars from a US bank through the IMF or World Bank only to service an import based economy.

If you choose to invest in modern infrastructure, capital flight by foreign firms will deplete whatever stimulus you want to kick start the economy.

You can't apply western economic theories on stimulus on a third world import based economy like Nigeria.

Try and reason with small sense next time.

2 Likes

Re: 2016 Budget Is A Big Fraud - PDP by Jokay07(m): 6:29pm On Dec 22, 2015
bnovative:

If i can remember, the topic is about buhari's budget; u will do well to make your point on the issues of this budget.
I understand ur urge to blame gej is gratifying but how can we make progress?
see me see wahala oo, did I mention Gej? See Guilty conscience. grin

3 Likes

Re: 2016 Budget Is A Big Fraud - PDP by fineguy11(m): 6:30pm On Dec 22, 2015
APCLyingBastard:



Retardo the US can print dollars, can you?

You guys are really daft to say the least
your case is indeed worse than a millidede.your economic IQ is lower than that of ZUMA ROCK!http://www.forbes.com/sites/mikepatton/2014/10/28/who-owns-the-most-u-s-debt/
read and learn u dumb man.No country in the world prints money indiscreminatly,why are u reasoning like idi ami?china owns more than 7% of US external debt..

4 Likes

Re: 2016 Budget Is A Big Fraud - PDP by simpleseyi: 6:35pm On Dec 22, 2015
bnovative:
It's even more pathetic that the brainwashed followers don't understand the grave danger this fraud of a budget portend.
Nigeria is doomed!!!
RIP to the future!

Your family is doomed. Nigerian shall be great again.

5 Likes

Re: 2016 Budget Is A Big Fraud - PDP by bnovative(m): 6:36pm On Dec 22, 2015
Jokay07:
see me see wahala oo, did I mention Gej? See Guilty conscience. grin
I can see u are having fun, kudos.
Re: 2016 Budget Is A Big Fraud - PDP by ehissi(m): 6:37pm On Dec 22, 2015
On a more serious note; this budget is not the people's budget! Let us consider the truth and not the source of this information!!

Look around; consider Nigeria's Macro-economic space! Fuel subsidy is being paid for but sells for as high as #150 per litre, Jigawa state residents are paying as high as #300!

Buhari has lifted import ban on rice, creating unfavourable competition for our local agricultural sector; restricted currency trade to the dollar in such a manner that affects our economy which relies on import to boost certain sectors of manufacturing and trade in Nigeria, leaving Nigerian and International traders alike helpless in the hands of Black Market traders of the dollar; use of Credit cards abroad obtained from Nigeria is banned by CBN, Rumours are already filtering that western Union may be checking out of Nigeria very soon the same way J.P. Morgan chucked us out of their investment port-folio; USA and Iran have finally gained access to the world oil Market as marketers which is already at an all time low!!

And then what does Mr President do; he chooses to borrow #2trillion!!
For crying out, how does he propose to pay?? How does he even propose to finance the budget? What is his agenda for nation? Is it his policy direction to continue blaming Jonathan till the price of oil goes up??

Goldman and Sachs have long predicted that the price of oil is going to fall to $20 2015/2016! What exactly is his plan; besides promises heaven and earth and then send Lai Mohammed to blame Jonathan when they don't deliver!!??

This is exactly how Aregbesola started! At a time when Oil states like Ondo were pegging budget at #167bn, Osun was busy borrowing to fund budget of over $240bn consecutively for 3years at a time when annual allocation from Federal government was less than 60bn a year!! As at now, Osun is owing 3months salary even after receiving billions of Naira in bailout funds to offset 9months sallary arrears, minus money owed to Hoteliers and contractors under various bogus charity project that have no bearing on the overall improvement on the Macro-economic space of the state! When people complained, Aregbesola's caucus were busy cheering him on as the best governor; now the state is worse off than how he met it: and it is still Jonathan's fault!!


What we are seeing is budget of over #6trillion loaded with frivolities in a bid to satisfy unrealistic and bogus campaign promises - note that foreign missions and diplomatic activities overseas are not captured/detailed in this budget which may end up shooting the total budget to as high as #25trillion!!

Nobody is raising crucial questions now; the man is busy creating Macro-economic policies and decisions that are gradually isolating Nigeria from International Finance Organisations, relationship built with serious lobbying from Obasanjo's administration through to Jonathan's time courtesy Nkonjo Iweala for over 16years!!

May God not allow Buhari to bring this nation to bring this Nation to the level of Osun State!!

IJN
sad

5 Likes 1 Share

Re: 2016 Budget Is A Big Fraud - PDP by APCLyingBastard: 6:37pm On Dec 22, 2015
fineguy11:
your case is indeed worse than a millidede.your economic IQ is lower than that of ZUMA ROCK!http://www.forbes.com/sites/mikepatton/2014/10/28/who-owns-the-most-u-s-debt/
read and learn u dumb man.No country in the world prints money indiscreminatly,why are u reasoning like idi ami?china owns more than 7% of US external debt..

Even if you want to borrow there is a limit you can borrow.

I don't see anybody borrowing up to 40% of your crumbling GDP.

We have been over this argument before here and deficit spending never pays a third world net importing country like Nigeria.

Just take a cue from osun
Re: 2016 Budget Is A Big Fraud - PDP by akinsbaba2015: 6:39pm On Dec 22, 2015
[So Akwa Ibom is not taking from the oil receipts at Abuja every month. Does Akwa Ibom have its own separate NNPC & JV partners? Did Akwa Ibom ever invested in crude oil prospecting & exploration? The Nigerian state created every region eventually turning them into states and the resources found in every region belong to the government at the centre. Take note. quote author=APCLyingBastard post=41247665]

A man earns 500k per month and has 2 kids.

A man earns less than 70k a month and has three wives and 12 kids.

Who is to blame for the latter's poverty? Surely it can't be the one who earns more and has just two kids.

If you can't run a functional govt without oil receipts from Abuja and by borrowing everywhere that just shows how inept, clueless and parasitic your state is.

Stop hating on Akwa Ibom, dem don pass una for Southwest[/quote]

1 Like 1 Share

Re: 2016 Budget Is A Big Fraud - PDP by bnovative(m): 6:41pm On Dec 22, 2015
simpleseyi:


Your family is doomed. Nigerian shall be great again.
U are already doomed! Can't u see frustration from ur response?
Don't worry buhari is borrowing 2trillion + so that 5k can come to ur family. Eyah just be patient.

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