....what is anambra state doing there?

Tomorrow don't come and ask me to pay tax- NASSARAWA

yomi007k:


Oyo state hardly goes for loan because dey dont need it.



Dey know how to manage resources n cut coat to sixe.

May God manage ur life dsame way Oyo is managing lautech

KenJak:
Why is it just some certain states? Why not all states? Ondo state is not there. Majority of the beneficiaries are northern states. That's just too bad.

no free launch for any state. the loan is an agreement between federal govt and those states who will be beneficiary of it. the repayment is simple. deduction from source, federal allocation accruing to the beneficiary states.

3rdavefarms:
What about Osun state ?

Aregbeshola will embezzle the
Cash.secondary, he belongs to
Tinubu.
Loans to SE States is politically very important to Buhari at this time

My state to get the largest share $350m. WOW!

North East and most of this oil barren landlocked desert why are they getting more financial assistance than the rest of Nigeria, the fund will likely end up inside Alhaji's and hajia's foreign bank Acc while the poor almajiri will be left out with absolutely nothing... FG should boycott North east for now, put a stop for their rehabilitation till further notice, bcux we can't continue investing money in landlocked oil barren terrorist territory. let's use the fund meant for north east to develop other region should incase of mass movement of refugee from North, we need to put plans in place 4them , let's invest their fund down south because that region will forever remain hostile to investors

tropaz:


May God manage ur life dsame way Oyo is managing lautech

Its obvious God is managing ur own even worse. Sorry.



Is Lautech solely oyo state property?


Bolo

Apshit is a cult not a political party
The party led by the bokoharam president has no plans of moving the country forward
They are only concerned with capturing power
I ask myself what were these hopeless apshit leaders thinking when they come up with this dead on arrival ideaof mortgaging a country in the name of borrowing
Have they bothered to ask themselves how they intend to pay back this hugh loans they are borrowing
I wonder why some gullible fools elected this cult called party into power

What a foolish move! I've never heard anything more useless than this in this administration.
Sometime ago, FG gave out billions of dollars as bailout. Up to 2 or 3 times. Most of this money was squandered, salaries are still owed, recession is still waxing and yet they want to borrow more to give them.
Instead of investing on capital projects, projects that will generate revenue... agriculture, soft loans, SME's etc they are spending money on dead ends. How can you rob Peter to pay Paul?? You borrow for us to provide for us then leave the debts for us.

Who also sees the technical ineptitude of this government. 350$ for "development plan", 50$ for "drinking water and sanitation"? How can you use that much money for something so frivolous. Imagine a governor can't pay his salaries. He gets 90$ and all he does with that money is water and sanitation. Why not invest it in an international market or airport or university and then generate revenue from there to provide "water and sanitation ".
USELESS AND WASTED GOVERNMENT!!!

unearthed:


[s]
Delta is on that list because inspite of the abundance of resources within the state, the leadership has been totally redundant. Delta state should be of the same caliber as Lagos buh we have been plagued with inept leaders
[/s]

If Delta got 1/2 the Federal attention Lagos got, the State would be 10 times better than Lagos. There is no potential Lagos has that Delta doesnt have and Delta has potentials that Lagos cant dream of having

VampireeM:
Borrowing is not just the issue, [b]the repayment plan is [/b]and also whats the assurance it wont be used be mismanaged... PMB plans to mortgage the future of our generation

You don learn new english !

What about Enugu state

Pls wat abt kogi nah?

Pls wat abt kogi?

Interesting

We need information on the loan repayment package of this. Almost all the states in this country are in debt. This additional loan would make it astronomical.
Nigeria's budget have never been in surplus, its always deficit. A country on budget deficit seeking a loan as mentioned, would for generations have challenges to repay it(loan). Life of many citizens would be affected for many years.

United States have more than a trillion dollar deficit, but their currency is the world's determined trade currency. That is their advantage.

Nigeria needs sincere beings in authority.

States mentioned, those governors and godfathers would take(steal) a portion of the loan money, to secure their great great grand children's future(may be four generations). Their children moved outside the country.

To those who thrive for a better future for themselves and their generation to come: be diligent, guard your heart, be joyful and you shall succeed.

Guyman02:

Their situation is so bad that evn if you give them all the loans will not be enough for them, they need World Bank to be located in that State

hmMm frustrated wailer continue typing your trash.

dullard's govt planning to borrow $29 billion for policy/institutional reform, health centers, drinking water, sanitation in some states dat produce notin is dis their economic infrastructural developement plan make dem kwantinew. my happiness is dat d 29 billion dollar loan will be d final bullet dat will bury nigeria.

una remember OBJ's $16 billion dat was spend in d power sector without any meaningful achievement dat is EXACTLY how dis proposed $29 billion loan will end up - WASTE.

unless nigeria is structured towards true federalism or confederacy/regionalism wia every state/region will be in charge of their resources n finance their own developmental projects, dis loan will end up wasted. nigeria's current structure (feeding bottle federalism) will NEVER lead to any major economic development even if d dullard borrows $200 billion.

Why is Taraba State not on the List?

jones008:
Why is Taraba State not on the List?

Does this mean Marginalization?

helinues:
what!

I still don't get it. How can a government planning to borrow money which is going to be debt to all the 36 states and then selected some states to benefit from the loan.

That is insane

You hit the nail on the head, that was my exact question too.

timsTNA:
I cant believe that only one state in the SS is included? We from the SE reject the borrowing on their behalf

There are 3 states from the south east included, ain't SS affiliated to SE even if it has 1...bro you need some senses in that null skull you've on that your big head.

I can only laugh at the country or countries that will lend Nigeria this amount.
Just say 'Goodbye' to it first

adimsmt:



You hit the nail on the head, that was my exact question too.

And that, my friend, is the stupidity of your presidiot.
We are waiting for them to repay the loan with
Crude oil

Dabss:
Kaduna State is expected to benefit to the tune of $350 million to enable it implement its development plan including policy and institutional reforms.

$350 million for policy and institutional reforms .

Maybe na "Golden" policies them wan roll out...