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Nairaland Forum / Nairaland / General / Politics / Lagarde, Obama And IMF Have Abandoned Buhari (1402 Views)
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Lagarde, Obama And IMF Have Abandoned Buhari by hinwazaka: 11:13pm On Jan 05, 2016 |
While everyone is more concerned with the distractions and theatrics of the APC to parry our attention from their inability to solve the fuel crisis, the nation's economic fortunes took a nose dive today with the rejection of discreet loan arrangements by the Nigerian government with the IMF. Today, the IMF chief amid fake smiles and laughter, put the final nail in the coffin of Buhari's attempts to finance his Budget with a loan package of 5billion naira a day from the IMF. She explained that, since the government had shown good managerial and financial qualities, there would be no need for the IMF to finance the nation's economy with a loan. This is why the president had already ordered a total overhaul of the budget's structure, under the guise of listening to Nigerians on the high cost of the budget. News had filtered to the President that the IMF after reviewing the loan arrangement, had decided to strike it out on account of it not being viable and reasonable. So Nigerians should prepare for the worst, because the IMF has finally abandoned the President. http://www.punchng.com/nigeria-needs-no-imf-loan-says-ladarge/ Note: The article I cited does not cover the aforementioned writeup, which contains information leaked by an undisclosed source within the Villa 7 Likes 1 Share |
Re: Lagarde, Obama And IMF Have Abandoned Buhari by jaybee3(m): 11:24pm On Jan 05, 2016 |
hinwazaka: Don't you people reason for crying out loud? Let's assume for a second that it's actually fun and self amusing to be pulling out conjectures from your anus, Slowly but surely that butt will get blown someday, no? Just slap yourself already Even Greece with worse credit rating than Naija and no resources to rely on for paying back loans still managed to secure some for their long suffering citizens #Next abeg! 16 Likes 2 Shares |
Re: Lagarde, Obama And IMF Have Abandoned Buhari by Bevista: 11:33pm On Jan 05, 2016 |
jaybee3:That was very funny. 1 Like |
Re: Lagarde, Obama And IMF Have Abandoned Buhari by hinwazaka: 11:33pm On Jan 05, 2016 |
jaybee3:After a lot of bargaining and a Mexican standoff, Greece was able to secure a loan from the World Bank and the ECB, but on favourable terms. The diffrence is that Greece made their intentions known to the public, and so won a lot of public support, which helped weaken the noose by the ECB, around its neck. We on the other hand tried to secretly bypass, laid down processes and procedures, and ended up with an outright rejection by our so called allies 3 Likes |
Re: Lagarde, Obama And IMF Have Abandoned Buhari by seagulsntrawler: 12:12am On Jan 06, 2016 |
PMB should not get any money from the laggard and IMF fraudster who brought pain and suffering to Nigerians through IBB-Falae SAP. The programme did sap the life out of our economy and we are yet to recover from it. He should look eastward towards China and India for favourable loan deals and to help finance major projects. Whoever dines with the devil most do so with a very long spoon and even then, there can be only one winner and guess who that is.................. 2 Likes |
Re: Lagarde, Obama And IMF Have Abandoned Buhari by amaechi1: 12:30am On Jan 06, 2016 |
Your topic should have been "Buhari dumped IMF and Obama". From the press conference, IMF MD made it clear she is not here to discuss programmes and loan. Further, she agree that Nigeria can pool through from her present predicament. So, what is quams? 6 Likes 1 Share |
Re: Lagarde, Obama And IMF Have Abandoned Buhari by AlPeter: 1:10am On Jan 06, 2016 |
This guy deserves a 4x4 slap 3 Likes |
Re: Lagarde, Obama And IMF Have Abandoned Buhari by obailala(m): 1:19am On Jan 06, 2016 |
hinwazaka:The deluded conjectures emanating from the anus of some of these frustrated Jonathanians knows absolutely no bounds. Just like @Jaybee has pointed out, you need to be careful the way you continuously pull out these shitty ideas from down below to avoid blowing up your a*s. 6 Likes |
Re: Lagarde, Obama And IMF Have Abandoned Buhari by Lobolintin(m): 2:18am On Jan 06, 2016 |
Not my business |
Re: Lagarde, Obama And IMF Have Abandoned Buhari by Umunede(m): 3:05am On Jan 06, 2016 |
IMF will agree to give you loan to finance consumption like d 5k for the poor. That is a fact |
Re: Lagarde, Obama And IMF Have Abandoned Buhari by ibisko04: 4:03am On Jan 06, 2016 |
Nigeria and Nigerians are not begging for loan from IMF. We are very welcome if we have decided to go for their loans. |
Re: Lagarde, Obama And IMF Have Abandoned Buhari by ScotsReferendum: 4:10am On Jan 06, 2016 |
hinwazaka: May it be true in God's name I don't know why Buhari wants to borrow when True Federalism will solve this matter Let the states control their resources, and the world will see Nigeria become an exporting nation in few years Signed Scots Referendum United Nations Referendum 1 Like |
Re: Lagarde, Obama And IMF Have Abandoned Buhari by mikolo80: 4:56am On Jan 06, 2016 |
ScotsReferendum:who is holding the states |
Re: Lagarde, Obama And IMF Have Abandoned Buhari by rerasdea: 7:42am On Jan 06, 2016 |
Cvbn |
Re: Lagarde, Obama And IMF Have Abandoned Buhari by yahrant140(m): 7:52am On Jan 06, 2016 |
Is thats a news? Funny Nigerian... When Saudi Arabian cut is tiers with Iran, heaven didn't fall! So pa buhari no shaking enjoy your time in office while it last. |
Re: Lagarde, Obama And IMF Have Abandoned Buhari by hinwazaka: 7:59am On Jan 06, 2016 |
amaechi1:lagarde said" She doesn't see any reason why Nigeria should apply for any loan". That was a clear message to the President, that his loan application had been reviewed and denied. She then went on, to give her reasons for refusing the President's loan application. If you work in a bank and understand bank terminologies and language, you will understand. |
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