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Nairaland Forum / Nairaland / General / Business / 10 ‘Big Boys’ Hold Economy To Ransom, Owe AMCON N1tr (45016 Views)
Nigeria’s Economy To Grow By 0.8% In 2017 -IMF / AMCON To Sell Peugeot To Dangote, Kaduna And Kebbi / Banks Derail Cbn’s N1tr Battle To Boost Economy (2) (3) (4)
Re: 10 ‘Big Boys’ Hold Economy To Ransom, Owe AMCON N1tr by Boss13: 6:29pm On Aug 22, 2016 |
As the president is frustrated with the judiciary impeding the anti corruption process that is how Nigerians are angry with Buhari for frustrating the economy. Government has sucked up all the money in the economy and it is not spending. Unfortunately our economy is public sector dependent. Now we are suffering because we elected CHANGE. I am terribly unhappy because I supported him and it is an unfortunate situation. We are almost at the end of 2016, no tangible economic activity ongoing in the country. Everywhere is extremely tight. What kind of government is this? 1 Like |
Re: 10 ‘Big Boys’ Hold Economy To Ransom, Owe AMCON N1tr by Horsesmouth: 6:30pm On Aug 22, 2016 |
GODKID98: Guy, chill. Debt is an offshoot of cost of capital which in its most basic amounts to MPR + Inflation (i) approx 12%+8%. MPR and i have shot up to 14%+11% in recent times. Opex of businesses has inceased with all line items bowing to inflationary pressures eg AGO for power. Revenues have dwindled owing to constriction in Consumption and Investment expenditure. Capital has been eroded also by foreign exchange controls. Putting the aforementioed in perspective, business models or forecasts would have been erroneous abinitio, and if traced temporally to present day, it would appear as if the CFO was irresponsible. It is not so much that they are in debt, what Nigeria should worry about is the enablement of an economic climate for businesses to thrive. 1 Like
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Re: 10 ‘Big Boys’ Hold Economy To Ransom, Owe AMCON N1tr by speaktome(m): 6:33pm On Aug 22, 2016 |
KaaaaaaTaaaaaWay!!! Big Boys My foot!!! What is the essence of telling us when you can't mention their names Make una Kontineu!! #MySignature #Mybusiness |
Re: 10 ‘Big Boys’ Hold Economy To Ransom, Owe AMCON N1tr by batstan(m): 6:37pm On Aug 22, 2016 |
Akathriel:Yes they are debtors but last I checked, they employ and empower a lot of people. What you gonna say about those that invest the loans abroad? 2 Likes |
Re: 10 ‘Big Boys’ Hold Economy To Ransom, Owe AMCON N1tr by danot1030: 6:42pm On Aug 22, 2016 |
GODKID98:Among the big boys those rouges called Ifeayin Uba and Jimoh Ibrahim. 1 Like |
Re: 10 ‘Big Boys’ Hold Economy To Ransom, Owe AMCON N1tr by Missmossy(f): 6:43pm On Aug 22, 2016 |
Really funny,they are big boys in debt. The biased and corrupt judicial system eat from their pockets certainly,they won't want to be in their red book. Rubbish! |
Re: 10 ‘Big Boys’ Hold Economy To Ransom, Owe AMCON N1tr by Boss13: 6:48pm On Aug 22, 2016 |
Missmossy: There is nothing wrong to borrow. As a matter of fact, debt is cheaper than equity. However, the issue is repayment, but in a recession like this it will be difficult to pay. Also, the cost of debt in this country is annoyingly high for reasons one cannot understand. Imaging Emefiele increasing MPR to 14%. This government is insensitive |
Re: 10 ‘Big Boys’ Hold Economy To Ransom, Owe AMCON N1tr by kings09(m): 7:21pm On Aug 22, 2016 |
They need to blame som1 or sumtin. As usual dis govt suffers frm kwashiokor of ideas so they nid to deflect the blame to anythn in sight so far d blame doesn't fall on dem free2ryhme: |
Re: 10 ‘Big Boys’ Hold Economy To Ransom, Owe AMCON N1tr by ebby9z(m): 7:28pm On Aug 22, 2016 |
free2ryhme: There's a word; subjudice. You'd do well to learn the meaning of the word to avoid such distasteful outbursts in future. |
Re: 10 ‘Big Boys’ Hold Economy To Ransom, Owe AMCON N1tr by Jacko1(m): 7:43pm On Aug 22, 2016 |
See as dis big boys choose not to pay But first bank is over my head cos of chicken change i owe.... Heapin interest upon interest Just cos i worked for them and quit to go into celebrity business Me sef i no go pay deir father.... Call amcon hehe Sha wen i get money i go pay oh firstbank But if una one claim d money sharp sharp i have one toyota corolla 96 model..... Collect and sell get una money |
Re: 10 ‘Big Boys’ Hold Economy To Ransom, Owe AMCON N1tr by Apoztl3(m): 7:54pm On Aug 22, 2016 |
"big boys" on top our collective (tax payers) wealth..... TFT! if y'all know waria mean 1 Like |
Re: 10 ‘Big Boys’ Hold Economy To Ransom, Owe AMCON N1tr by Nobody: 8:38pm On Aug 22, 2016 |
danot1030: 4ni..Bt hw una sef take knw?? 1 Like 1 Share |
Re: 10 ‘Big Boys’ Hold Economy To Ransom, Owe AMCON N1tr by mumexcellency(f): 8:44pm On Aug 22, 2016 |
Akathriel:i gbadun you my brother. You are very correct, especially that Dan gote taking the money that belong to Nigerians for his business. And they will come and tell us he is the richest how? Biko nu make them bring back our money before they will rename Nigeria to Danigeria. 2 Likes 1 Share |
Re: 10 ‘Big Boys’ Hold Economy To Ransom, Owe AMCON N1tr by Nobody: 8:47pm On Aug 22, 2016 |
Horsesmouth: ALryte...Btw I SALUTE U!! |
Re: 10 ‘Big Boys’ Hold Economy To Ransom, Owe AMCON N1tr by Nobody: 8:49pm On Aug 22, 2016 |
Btruth: EXACTLY! 1 Like |
Re: 10 ‘Big Boys’ Hold Economy To Ransom, Owe AMCON N1tr by Nobody: 8:59pm On Aug 22, 2016 |
Rex123: Nawa 4 dem oh! |
Re: 10 ‘Big Boys’ Hold Economy To Ransom, Owe AMCON N1tr by Nobody: 9:06pm On Aug 22, 2016 |
y borrow them money in the first place? because they av big businesses? shiitshow, now they cant pay. |
Re: 10 ‘Big Boys’ Hold Economy To Ransom, Owe AMCON N1tr by Reference(m): 9:16pm On Aug 22, 2016 |
free2ryhme: Don't mind him. Is there an injunction against name calling. Shows they are weaker than the folks they are meant to police but in usual style I suspect that the AMCON bigwigs don't want to muddle the waters they intend to drink from. Crying wolf on the pages of the dailies is just like adding yeast to the dough. Abeg make dem siddon. Publishing your failings for whose sympathy instead of thinking outside the box. Al-Capone the untouchable was finally arrested for tax fraud when nothing else would stick. If they are sincere they will find a way to get that money. 1 Like |
Re: 10 ‘Big Boys’ Hold Economy To Ransom, Owe AMCON N1tr by Reference(m): 9:21pm On Aug 22, 2016 |
LORDOFAFONJAS: No wahala. They should commandeer his cement and use it for infrastructural development, his sugar, salt and noodles to IDP camps and his trucks to take them there until his bill is settled, shikena. 1 Like |
Re: 10 ‘Big Boys’ Hold Economy To Ransom, Owe AMCON N1tr by Horsesmouth: 10:09pm On Aug 22, 2016 |
GODKID98: Salut! |
Re: 10 ‘Big Boys’ Hold Economy To Ransom, Owe AMCON N1tr by DanielPop(m): 4:13am On Aug 23, 2016 |
Another tranquilizer for the zombies! It is no longer GEJ because that record is no longer selling. It is no longer PDP because that is not selling as well. It is now a phantom "10 big boys". Soon they will blame Ooni of Ife that it is his white rod of ifa that is responsible. Oya zombies, another sugar for una tea, drink! 1 Like |
Re: 10 ‘Big Boys’ Hold Economy To Ransom, Owe AMCON N1tr by BlackOnassis(m): 6:00am On Aug 23, 2016 |
Supreme court can't possibly listen to all appeals and shouldn't. I think the judicial process in the country would move faster if lower courts have the final say on some cases, leaving the supreme court to deal with murder and some other serious cases. This way, people who have abundant funds to pay lawyers won't gum up the system. |
Re: 10 ‘Big Boys’ Hold Economy To Ransom, Owe AMCON N1tr by BlackOnassis(m): 6:02am On Aug 23, 2016 |
Ikigia: 1914 or 1960? 1 Like |
Re: 10 ‘Big Boys’ Hold Economy To Ransom, Owe AMCON N1tr by KanwuliaExtra: 6:08am On Aug 23, 2016 |
Imagine a president opening his STNKING mouth to say the JUDICIARY, a single arm under his government, is FRUSTRATING his efforts to fight KWARAPTION? What do you expect when KWARATION redirected his azzzze from his DAURA poultry to exploit Nigeria to feed his harem and brood of indolent generations(past, present and future)? 2 Likes |
Re: 10 ‘Big Boys’ Hold Economy To Ransom, Owe AMCON N1tr by GOFRONT(m): 8:26am On Aug 23, 2016 |
They ar d cause of hunger in da land.... 1 Like |
Re: 10 ‘Big Boys’ Hold Economy To Ransom, Owe AMCON N1tr by Ikigia: 10:19am On Aug 23, 2016 |
BlackOnassis: Colonial era seems most ideal |
Re: 10 ‘Big Boys’ Hold Economy To Ransom, Owe AMCON N1tr by bejeria101(m): 10:25am On Aug 25, 2016 |
Alezy: The man get sense b4? He expects dat everybody shld be jumping abt becos of his cow-fu. The mumu of him ancestors naim we dey see. |
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