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Nairaland Forum / Nairaland / General / Politics / FG Borrows N5trn From Pension Funds (18598 Views)
Atiku Borrows Ex-president Goodluck Jonathan’s Statement At Peace Accord / FG Borrows N6.16tn From Worker's N8.499tn Pension Fund / FIRS Generates N5trn, Targets N5.3trn By Year-end (2) (3) (4)
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Re: FG Borrows N5trn From Pension Funds by Nobody: 12:40pm On Dec 25, 2017 |
for all those who have been contributing and paying tax as well.. what is your level of confidence in a transport minister who has no legacy project as a governor and as a minister.. what is your level of confidence in a man who never passed waec |
Re: FG Borrows N5trn From Pension Funds by labiola: 12:42pm On Dec 25, 2017 |
saraki4Pres2019:You are the one that need to open your mind and engage in intellectual discourse. Let me ask you simple question, your answer will determine my next line of action. How did govt touch the pension fund? Please explain to me. Thank you |
Re: FG Borrows N5trn From Pension Funds by labiola: 12:50pm On Dec 25, 2017 |
Sammyblaq: The money your parent used to send you to school is waste, it could have been better if the money has been invested to buy Treasury bills and govt bond, may it will make sense to you. How much is the budget of Nigeria that pensioners have been owned 7trillion.? Kindly seek information before you displaced your ignorance on a public forum. Please go and react Pension Act 2014 amended. It will help you a lot. |
Re: FG Borrows N5trn From Pension Funds by Bobby808: 12:50pm On Dec 25, 2017 |
ManirBK:All-right. Thanks for the accurate time keeping.. |
Re: FG Borrows N5trn From Pension Funds by Bizibi(m): 12:57pm On Dec 25, 2017 |
ivandragon:but they said they are planning to sell 3.3 billion dollars euro bonds or are they still planning? Make I direct the question to one of our BMC correspondent Swiss chicken sorry swissgold |
Re: FG Borrows N5trn From Pension Funds by adetayo234: 1:00pm On Dec 25, 2017 |
ManirBK: By the time they use your destiny to borrow money, even you will wail more than wailers 1 Like |
Re: FG Borrows N5trn From Pension Funds by lastempero: 1:03pm On Dec 25, 2017 |
Hey I won't take it easy with buhari this time around,tampering with my pension fund is too much for me to bear.this same govt restricted us from accessing our money till we are 60 but now they are stealing the money gradually. |
Re: FG Borrows N5trn From Pension Funds by Nobody: 1:04pm On Dec 25, 2017 |
Ah, bubu, you have gone and done it. You have put my pension in the hands of thieves. No matter what your intentions are, you are surrounded by thriving grass cutters and spenders |
Re: FG Borrows N5trn From Pension Funds by thunderbabs: 1:04pm On Dec 25, 2017 |
Mk Dem dey steal money everywhere to fund deir bloody election campaigns.. God pass dem |
Re: FG Borrows N5trn From Pension Funds by Nobody: 1:04pm On Dec 25, 2017 |
This is how it starts, history has always shown that when irresponsible govts borrow from pension funds they dont pay back. Our pension funds is just another ponzii scheme. 2 Likes |
Re: FG Borrows N5trn From Pension Funds by Smartademu(m): 1:05pm On Dec 25, 2017 |
Chai, my pension money o! >: |
Re: FG Borrows N5trn From Pension Funds by Nobody: 1:07pm On Dec 25, 2017 |
At least they are a bit transparent unlike some that will squander without even mentioning |
Re: FG Borrows N5trn From Pension Funds by lastempero: 1:11pm On Dec 25, 2017 |
Thats why they sacked the other lady. 1 Like |
Re: FG Borrows N5trn From Pension Funds by labiola: 1:20pm On Dec 25, 2017 |
lastempero:What is wrong with you? When did the govt restrict you not to access your fund till 60yrs? How does investing in TB , money Market and Govt bond equal to tampering with your fund? For your information, you can access your fund a age 50 provided you are no longer working, but as long you are still in paid employment, you cant access your fund. Thank me later. |
Re: FG Borrows N5trn From Pension Funds by veron007: 1:22pm On Dec 25, 2017 |
ManirBK: There goes our hard earned labor. I know this wicked man has been eyeing our pension fund since he became president office. This is there only hope of common man in Nigeria now the government want to borrow from it! Where is the repayment plan? What assurance do we have that it will be returned? If government does not pay the PFA, how can they recover the money? The money was never meant for the government to borrow! his country is just POO!!!! 1 Like |
Re: FG Borrows N5trn From Pension Funds by labiola: 1:22pm On Dec 25, 2017 |
[quote author=lastempero post=63595011]Thats why they sacked the other lady.[/ ] Which lady? |
Re: FG Borrows N5trn From Pension Funds by Dammylois(f): 1:23pm On Dec 25, 2017 |
I'm not understanding o.I hope my pension no dey there cos I no want future stories |
Re: FG Borrows N5trn From Pension Funds by Awoleesu(m): 1:30pm On Dec 25, 2017 |
Now I can see why Maina was vindicated and re-instated in the first place... |
Re: FG Borrows N5trn From Pension Funds by tjskii(f): 1:44pm On Dec 25, 2017 |
Sigh# this is what I keep saying,try to save for your own future,don't wait on your pension cos e no sure say e go dey 1 Like |
Re: FG Borrows N5trn From Pension Funds by gbagyiza: 1:58pm On Dec 25, 2017 |
SalamRushdie: We r finished in this country..so, our future savings has been tempered with..No hope... 1 Like |
Re: FG Borrows N5trn From Pension Funds by Nobody: 2:04pm On Dec 25, 2017 |
alexistaiwo: Ha ha ha How much u go borrow dem? |
Re: FG Borrows N5trn From Pension Funds by Sammyblaq(m): 2:18pm On Dec 25, 2017 |
labiola:Akpa amu! This is ur reply and u think ur own parent didnt waste theirs and ur school is better. Common, u find it hard 2 comprehend a few lines. Go back 2 page (0) and focus on about d 7trn. I see, u dont have pensioners around u and u dont want to get old¿. Use ur head Mr.brains. 1 Like |
Re: FG Borrows N5trn From Pension Funds by ivandragon: 2:28pm On Dec 25, 2017 |
Bizibi: lol... I am still waiting for those who said that pmb will use Chinese Yuan to stabilise the Naira looool... |
Re: FG Borrows N5trn From Pension Funds by webngnews: 2:31pm On Dec 25, 2017 |
Why |
Re: FG Borrows N5trn From Pension Funds by Larben: 2:33pm On Dec 25, 2017 |
Why can't they invest it in mass housing project for civil servants who are the contributors, but have no house to call their own. Even after retirement they have to wait for like two years before they could be paid the pension and gratuity they contributed by themselves. Rubbish!!! 1 Like |
Re: FG Borrows N5trn From Pension Funds by mikolo80: 2:43pm On Dec 25, 2017 |
Rexphobia:palm Oyel, refineries, high speed rail, industrial parks and low cost housing |
Re: FG Borrows N5trn From Pension Funds by olaboy1: 2:43pm On Dec 25, 2017 |
Larben I was going to suggest exactly that. A government that could not manage $60b ECA does not deserve any form of loans.
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Re: FG Borrows N5trn From Pension Funds by thirty(m): 3:06pm On Dec 25, 2017 |
Investment in Bond and Treasury Bill has turned to borrowing. I'm not surprised this is coming from Bad LEADERSHIP Newspaper 1 Like |
Re: FG Borrows N5trn From Pension Funds by olaboy1: 3:14pm On Dec 25, 2017 |
thirty: Investing in Bond and Treasury Bill not a problem, but borrowing money for some white elephant infrastructural projects doesn’t end well in a corrupt Nigerian system. |
Re: FG Borrows N5trn From Pension Funds by ManirBK: 3:21pm On Dec 25, 2017 |
Bobby808:kai hafiz! |
Re: FG Borrows N5trn From Pension Funds by Duru009(m): 3:33pm On Dec 25, 2017 |
I can't even pin point one single capital project been initiated or executed by this govt..... What are thy using all these billions borrowed for ! |
Re: FG Borrows N5trn From Pension Funds by Nobody: 3:43pm On Dec 25, 2017 |
Hmmmmmm let this Government respect his self am working by the time I retire I don't want to hear any story with my money o |
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