Urchman200:
America and Nigeria is now the Same because borrowing is involved, make we think like human beings at times?

Stop making excuses.

Can your productivity be compared with that of an average American?

Na wa o,
Our Paris and Dubai had been looted away so many years back

Our mumu never do

shiwex:
but i believe these projects already had monies budgeted for them.

It is called double jeopardy looting and stealing by the APC gang of crooks.
Why do you think there is so much debts and borrowing

Fund that will still be re looted, useless country,

voltron14:


I always ask people why America with its so-called wealth owes trillions of dollars but hardly can they explain it.

I guess it is sheer hypocrisy.

It's not loans. It's mostly trade deficit.

Recently read about it but I've forgotten most of the details.

Koko is the trade deficits important for their economy. It's largely INTENTIONAL to devalue the dollar.

Law of demand /supply says the more people want, buy, store, hold a commodity, or currency in this case, the higher the price.

International trade is done in dollars. Nigeria wants to increase foreign reserve? Dollars. Want to pay expatriates, import this or that dollar. This makes dollar expensive.

Expensive dollar makes American goods expensive. So people won't buy American made goods.

Because of that American manufacturers started producing elsewhere, Taiwan, japan, Korea, China and recently India.

They export these back home and this increases trade deficit.

Same shit happened to Japan.

China avoids this by intentionally keeping the value of than low to reduce price of their exports. And make their products cheaper oversea.

China does this by LITERALLY selling their currency to buy and store trillions of dollars and some euros.

What loot?

is like abacha loot can not be repatriated finish..each each government will come and chop theirs

drizslim:
Nigeria : dad we r broke!

Abacha: get my cheque book

From the great beyond

vezycash:


Recently read about it but I've forgotten most of the details.

Koko is the trade deficits important for their economy. It's largely INTENTIONAL to devalue the dollar.

But a curse for the most populous black nation to seek ways to promote infrastructural development due to years of deficit?

The average Nigerian is a complainer who cannot devise solutions to his own problems talkless of that of the society.

His GDP annually is a mere 2 thousand dollars but he wants to live like Jay-z.

Poor nation of poor people.

siromot:
is like abacha loot can not be repatriated finish..each each government will come and chop theirs

Even the corrupt government of Mr. Integrity?

Which Abacha?
The incorruptible one?
Never!
Abacha never looted our treasury.

He only saved Nigerian money abroad.

Although he was the sole signatory to it.

Abacha's children should be in jail by now

That man na real thief

Na Yoruba man shey??

But Buhari once said Abacha wasn't a corrupt man

Since President buhari assumed in office in 2015 he is constructing south still date, there is no any single project in the north. WHY.......?

voltron14:
But a curse for the most populous black nation to seek ways to promote infrastructural development due to years of deficit?

The average Nigerian is a complainer who cannot devise solutions to his own problems talkless of that of the society.

His GDP annually is a mere 2 thousand dollars but he wants to live like Jay-z.

Poor nation of poor people.

www.nairaland.com/attachments/4024041_image_jpeg_jpeg6f95b5e7a24ad4fc0808d6698fd37362



www.nairaland.com/attachments/4207170_fbimg1469018943096_jpeg2e87af2b28b00dc62a4dbf71ba6f4cf7

After two decades, dem still dey repatriate Abacha loot? Even children wen dem never born when Abacha thief all dis money done dey blo blo blow and still Abacha loot never finish! How much more if they decide to look into all these our past and present politicians foreign accounts? Magu, pls leave the yahoo boys small, reason the politicians, their own thievery fit impact our fourth generation! #insidelife! And a certain truthful saint once said "Abacha never stole any money"?

voltron14:


But a curse for the most populous black nation to seek ways to promote infrastructural development due to years of deficit?

The average Nigerian is a complainer who cannot devise solutions to his own problems talkless of that of the society.

His GDP annually is a mere 2 thousand dollars but he wants to live like Jay-z.

Poor nation of poor people.

I've added more detail to my post. Look it up.

yunusabuba:
Since President buhari assumed in office in 2015 he is constructing south still date, there is no any single project in the north. WHY.......?

Learn to read widely before you embarrass yourself with misinformation.

For Buhari’s sake, so many projects go to Daura

During a visit to the town, our correspondent discovered that there is hardly any federal ministry that is not executing a project in the town. Power, Housing, Works, Transport, Health, Education and other ministries have projects that are classified as Special Projects Unit (SPU) as displayed in various locations in the town. Aside the federal projects massively being carried out across the town and neighbouring villages, friends and associates of the president have undertaken some projects that are adding value to the people’s lives.

There is an ongoing massive construction of township roads and drainages totaling about 40km across the city. Four contractors are executing the projects. A ring road of 80-90km is about to commence. During the first tenure of the Buhari administration, 21km of drainages and waterways were constructed.

The building of schools for people with special needs has begun at the cost of N500m. The Federal Polytechnic, Daura is expected to take off in January 2020 at its temporary site. 100 hectares of land has been provided for the permanent site. The proposed Federal University of Transportation has been alloted 6,000 hectares and the project is to commence any moment from now. Already completed and being put to use is the multi-million naira Nigerian Air Force referral hospital equipped with state-of-the-art equipment. The Air Force has set up a response air wing just as the Nigerian Army has established a base in the town. Others are the upgrade and expansion of the town’s mini stadium at the cost of N259m and the National Directorate of Employment (NDE) N84m centre that just graduated its first set of 100 students trained in various trades and skills.

There is also a skills acquisition centre that has been completed but is yet to be commissioned under the Sustainable Development Goals (SDGs) programme along Zango road. The first lady, Aisha Buhari, is also supporting her husband’s town to develop. She has built a 50-bed maternity center at the town’s general hospital, besides setting up empowerment programs for women and the less privileged. A helipad was constructed in the town, just as the 27-year-old once abandoned Sabke Dam has been completed and is presently supplying 1m litres of water to Daura and neighbouring communities. Many SDG 2018 school projects have been completed and already put to use. A 73km 132 KVA line was constructed from Katsina to Daura, in addition to the commissioning of two 30 and 40 MVA transformers to boost power supply in the town. Projects in the pipeline include the railway line and the dualisation of the 72km Daura-Katsina road.

The state government is also supporting the town’s infrastructure transformation. To boost tourism and support the massive influx of guests to the town, the state government-owned Daura Motel was upgraded and expanded at the cost of about N450m. Roads already constructed include the 92km Fago-Katsayal-Kwarasawa-Jirdere-Koza to Kawanar Sabke road, and the Sandamu-Baure road. Private interventions in the town include the e-library built by Chief Emeka Offor, while the Jack-Rich Tein Foundation in a joint venture with the NNPC and Belema Oil constructed a 400,000 litres capacity solar-powered water system in the town. Aliko Dangote is also spending N100m on the town’s mosque.

Read more: https://www.dailytrust.com.ng/for-buharis-sake-so-many-projects-go-to-daura.html

GMB said abacha stole nothing

voltron14:


But a curse for the most populous black nation to seek ways to promote infrastructural development due to years of deficit?

The average Nigerian is a complainer who cannot devise solutions to his own problems talkless of that of the society.

His GDP annually is a mere 2 thousand dollars but he wants to live like Jay-z.

Poor nation of poor people.

Who did this to you?

and get looted again?

emeijeh:
Na audio.
They already know the poor Nigerians cronies, family members and local bank accounts to distribute these funds.

You are repatriating loots, and at the same time borrowing.
Who are they deceiving?
Stupid government, foolish APC

Make I move jaré

Bros that your meme gif na from which movie abeg?

1Dray:


Who did this to you?

Made me more a critical thinker than the average?

Years of study and exposure.

Who made you parochial?

It is better dey leave it there because we don't even see the impact of the ones recovered before now... repatriate the money-loot again..kworruption leaders

.

22 years later we're still talking of Abacha's loot.

voltron14:


Made me more a critical thinker than the average?

Years of study and exposure.

Who made you parochial?

God get a job, stop whiling all your time on Nairaland spitting rubbish. Critical thinker in deed. I guess you meant a ass licker.

Why is everyone in Nigeria about Canada?
Why are we funding Canada with our hard earned money?

Do you know the amount of revenue Canada makes from VISA request from Nigeria is enough to run Canada! And they reject visa now like mad, our been ripped off?

My people abeg I need answers and I have made genuine points and asked a genuine questions here please us answer.

https://www.nairaland.com/5659251/canada-canada-canadian-embassy-don

1Dray:



God get a job, stop whiling all your time on Nairaland spitting rubbish.

I work internationally, travelling and improving the wealth of various nation of the world.

Last year, I did just 10 countries and 22 cities.

What can you say about your life?

How many times will they finance this 2nd Niger bridge??

Obasanjo did, Jonathan did, Yar adua.. Bubu have financed this bridge twice still the bridge is not even near completion...

Now they want to use Abachas loot to finance the same bridge...


Diaris god ooo

money meant for re looting by the redundant tyrant and his cabals! #ole gave, ole gba!

the shithole is on a free fall.

voltron14:


Made me more a critical thinker than the average?

Years of study and exposure.

Since you claim to be a life long learner, can i assume you are familiar with the terms:

Learned helplessness
Stockholm syndrome
How stress causes animals including humans to become bullies
How fear makes animals including humans to freeze, become incapable of making decisions

If Nigerians complain NEEDLESSLY, why is it that most of us who escape the zoo become successful outside?