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Nairaland Forum / Nairaland / General / Politics / Fg’s N60bn Economic Stimulus Out Next Week (14578 Views)
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Re: Fg’s N60bn Economic Stimulus Out Next Week by rimzo(m): 10:45am On Jul 30, 2016 |
“Federal government did not give money to the states to pay salaries but what we did was to provide risk guarantee that will enable the states to expand their borrowing capacities with the commercial banks.” The above statement say it all about whom the current government care for. They still want their APC governors to use the money to secure more loan from banks without paying the workers backlog of salaries. Hmmmmmm... Indeed this is a ONE CHANCE government. They are yet to finish paying for the loans they took for the 2015 election. Always coming out with lies day by day to deceive the people. What a nonsense government! |
Re: Fg’s N60bn Economic Stimulus Out Next Week by Nobody: 10:46am On Jul 30, 2016 |
Rexphobia: Actually, your perspective is right. Discrepancy between ideal prototypes and production environment is why economics will never be a pure science. Tested theories will not always produce exact conclusions because of myriad irrational factors. |
Re: Fg’s N60bn Economic Stimulus Out Next Week by Miles300: 10:48am On Jul 30, 2016 |
Action !!! Not talk talk we don too hear all this English ..let the masses feel the impact then u know u are working |
Re: Fg’s N60bn Economic Stimulus Out Next Week by Nobody: 10:52am On Jul 30, 2016 |
SAINTSAMURAI: There are two ways of giving would be entrepreneurs money. One is by paying them ( the FG is not owing any salaries by the way). The second is by lowering their cost of business by developing infrastructure. The additional advantage of the second means is that jobs are created, tax net is widened and demand for goods and services goes up. I hope this serves. 2 Likes |
Re: Fg’s N60bn Economic Stimulus Out Next Week by CuteTj(m): 11:51am On Jul 30, 2016 |
Rexphobia:They know all you highlighted but are hell bent on tackling the high exchange rate of the naira (and forcing down the dollar) by trying to increase the supply of dollars in the country by encouraging FDI's and the return of foreign investors. They are at the moment not after the runaway inflation rate but the forcing down of the exchange rates. The truth is we really in a recession (caused by the fall in oil price and CBN's wack monetary policies) and there is no easy way out. Unfortunately, tough decisions have to be made to lead us out of the recession. |
Re: Fg’s N60bn Economic Stimulus Out Next Week by IamThrive(m): 12:15pm On Jul 30, 2016 |
Yes, it must ne out next week because some states election is around the corner. No problem! It is with time you people,yes you A People C will know that a monkey never keeps banana for the other monkey(A political proverb my friends know me about why I apply it to political events that reveals the plain and physical truth) |
Re: Fg’s N60bn Economic Stimulus Out Next Week by Nobody: 12:17pm On Jul 30, 2016 |
Ok |
Re: Fg’s N60bn Economic Stimulus Out Next Week by worksmart(m): 12:22pm On Jul 30, 2016 |
defeat of boko haram a plan? charging corrupt politicians to court and remanding them in prison a plan? Delivery of Abuja-Kaduna rail a plan? Reactivation of refineries a plan? I think not! Holyman3: 2 Likes |
Re: Fg’s N60bn Economic Stimulus Out Next Week by HonabFaj(m): 12:36pm On Jul 30, 2016 |
Hope it yield a positive result ,the Economy has to come back on track ... |
Re: Fg’s N60bn Economic Stimulus Out Next Week by bashydemy(m): 12:43pm On Jul 30, 2016 |
jcross19:Sorry the money is not meant to be shared but to boost the economy. |
Re: Fg’s N60bn Economic Stimulus Out Next Week by Holyman3(m): 12:46pm On Jul 30, 2016 |
worksmart: What Boko Haram was defeated? Which planet ate you? Is reminding politicians in Prison the same as conviction? Delivery of Abuja rail that was 99% completed by the previous administration? What reactivation of refineries? Where is the fuel? Suffering and smiling zomb. 1 Like |
Re: Fg’s N60bn Economic Stimulus Out Next Week by jcross19: 12:48pm On Jul 30, 2016 |
bashydemy:ah God!!!!!!!!. When they asked you to attend economics you refused!!!!. Who is talking about share of money here? At the same time boosting the economy won't it reach out the poor masses.? Than hoarding the money!!!!!. |
Re: Fg’s N60bn Economic Stimulus Out Next Week by Nobody: 1:24pm On Jul 30, 2016 |
Yayyyy! That is all of a per capita increase in wealth of N333.33 if spread around the nation equally. I cant wait for my share. 1 Like |
Re: Fg’s N60bn Economic Stimulus Out Next Week by Macgabe(m): 2:20pm On Jul 30, 2016 |
OrangeDream:Wow! I love the last part of your statement bro.. |
Re: Fg’s N60bn Economic Stimulus Out Next Week by biggerj(m): 2:59pm On Jul 30, 2016 |
Michaelgates:Till 2019 |
Re: Fg’s N60bn Economic Stimulus Out Next Week by mikolo80: 10:06pm On Jul 30, 2016 |
Rexphobia:Ignore banks. Give farmers capital in equipment instead of cash. Productivity rises Fx saved Banks forced to bring down interest rates |
Re: Fg’s N60bn Economic Stimulus Out Next Week by LoveMachine(m): 3:54pm On Aug 06, 2016 |
It's been a week exactly. Where's the 60billion? |
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