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Nairaland Forum / Nairaland / General / Politics / Buhari’s $22.7 Billion Loan Spending Plan: $1.25bn For Abuja Rail, $500m For NTA (66735 Views)
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Re: Buhari’s $22.7 Billion Loan Spending Plan: $1.25bn For Abuja Rail, $500m For NTA by horsepower102: 1:11pm On Mar 06, 2020 |
XANDERBOY85: To make it worse, the taxes from the south east and igbo businesses in general will be used to pay back the loans in the next 3 generations. Meaning that our grandchildren will be responsible for paying back a national loan that never benefited their region. In a tangible way. Igbos need to start financing their own infrastructures by themselves. Nigeria will never treat you fairly as long as it exists. Former governor of Akwa Ibom state once asked Gowon why The civil war was fought in the east but post civil war reconstruction was done in Lagos. He had no response to the question 23 Likes 3 Shares |
Re: Buhari’s $22.7 Billion Loan Spending Plan: $1.25bn For Abuja Rail, $500m For NTA by meforyou1(m): 1:11pm On Mar 06, 2020 |
LordPsalm:God pass them 5 Likes |
Re: Buhari’s $22.7 Billion Loan Spending Plan: $1.25bn For Abuja Rail, $500m For NTA by solmus: 1:11pm On Mar 06, 2020 |
tiredoflife: its hard for a non graduate to prepare a bankable business plan for banks and government, however it is open to everybody because nobody asks for any qualification in accessing business loan 2 Likes |
Re: Buhari’s $22.7 Billion Loan Spending Plan: $1.25bn For Abuja Rail, $500m For NTA by 4four(m): 1:13pm On Mar 06, 2020 |
South east I hail una ooo, buhari just no get joy for una at all at all 4 Likes |
Re: Buhari’s $22.7 Billion Loan Spending Plan: $1.25bn For Abuja Rail, $500m For NTA by Back2Daura(m): 1:13pm On Mar 06, 2020 |
THIS IS A LOAN FOR THE NORTH. 90% OF THE ITEMS ARE FOR THE NORTH. NONE FOR THE SOUTH EAST. NONE! 13 Likes |
Re: Buhari’s $22.7 Billion Loan Spending Plan: $1.25bn For Abuja Rail, $500m For NTA by Urhobokwaleboy(m): 1:13pm On Mar 06, 2020 |
A nigga once said: So they still approved the $500m for NTA. hehe na only laugh i laugh... By the time this Gov't is finished with this country, and leave. Na then una go know the real meaning of corruption... 5 Likes |
Re: Buhari’s $22.7 Billion Loan Spending Plan: $1.25bn For Abuja Rail, $500m For NTA by Nobody: 1:13pm On Mar 06, 2020 |
DModeCntStopMe: NTA needs upgrading. And with oil prices falling below what we need it to be, it is a loan, or Lai starts charging tv licence fees And no, it does not mean Buhari is a good leader. |
Re: Buhari’s $22.7 Billion Loan Spending Plan: $1.25bn For Abuja Rail, $500m For NTA by abitex577(m): 1:14pm On Mar 06, 2020 |
K |
Re: Buhari’s $22.7 Billion Loan Spending Plan: $1.25bn For Abuja Rail, $500m For NTA by Ewedegubbler: 1:14pm On Mar 06, 2020 |
I don't care. I have never cared about Nigeria 1 Like |
Re: Buhari’s $22.7 Billion Loan Spending Plan: $1.25bn For Abuja Rail, $500m For NTA by stanluiz(m): 1:15pm On Mar 06, 2020 |
70percent of this budget is going to the north. Cc cstr2 4 Likes |
Re: Buhari’s $22.7 Billion Loan Spending Plan: $1.25bn For Abuja Rail, $500m For NTA by lloyds(m): 1:15pm On Mar 06, 2020 |
500m dollars for NTA digitisation ? Are you kidding me? How many years will they keep digitizing the NTA? Mind your after waisting the money I can tell you it will still be same old 1962 pictures... Some much leakages I see here. . It's a shame. 5 Likes |
Re: Buhari’s $22.7 Billion Loan Spending Plan: $1.25bn For Abuja Rail, $500m For NTA by anonimi: 1:15pm On Mar 06, 2020 |
Racoon: All the monies have been re-looted by the biggest most pretentious barawo of all times.. Lobatan. www.nairaland.com/attachments/3420913_head1_jpeg228715075b5beb1ff535a37cebe931c5 www.nairaland.com/attachments/3441929_img20160227001458_jpeg3fecf627d6b5447631b348f011e59b5a 5 Likes 1 Share |
Re: Buhari’s $22.7 Billion Loan Spending Plan: $1.25bn For Abuja Rail, $500m For NTA by CSTR2: 1:16pm On Mar 06, 2020 |
I have gone through the breakdown, and it is a crying shame. Apart from three projects there, the rest is not going to change the fortunes of Nigeria in any significant way. So this is how this old man is going to waste 22 billion dollars and Nigeria will still remain the poverty capital of the world labouring under the yoke of debt servicing. Too bad. Too freaking bad. A leader like Kagame will weep at the waste. 9 Likes |
Re: Buhari’s $22.7 Billion Loan Spending Plan: $1.25bn For Abuja Rail, $500m For NTA by Nobody: 1:18pm On Mar 06, 2020 |
lloyds: Good points. But for now, the reality is that oil prices have been below what we need it to avoid borrowing since 2014, and won't be going up anytime soon. So we borrow, or we would be in an even worse state. Sadly as you said, the current government isn't thinking about how to get us off oil. |
Re: Buhari’s $22.7 Billion Loan Spending Plan: $1.25bn For Abuja Rail, $500m For NTA by Coldie(m): 1:18pm On Mar 06, 2020 |
StaffofOrayan:This is a foolish way of thinking, so since the funds would be looted there's no need to benefit from it? 2 Likes |
Re: Buhari’s $22.7 Billion Loan Spending Plan: $1.25bn For Abuja Rail, $500m For NTA by Nobody: 1:18pm On Mar 06, 2020 |
jimyjames: Israel is the most hated country in the middle east yet most prosperous. Igbos are the most hated , most envied in Nigeria yet most advanced individually, has the lowest poverty level because of determination to succeed. No region will achieve what the Igbo nation has achieved in Nigeria within a short period of time given what they went through after the war. It is not gainsaying. They are living on borrowed money we are living on works of our hands money. In Adams Oshi-Omo-Ole voice; haters go and die 16 Likes 1 Share |
Re: Buhari’s $22.7 Billion Loan Spending Plan: $1.25bn For Abuja Rail, $500m For NTA by djon78(m): 1:18pm On Mar 06, 2020 |
jimyjames: That's the thing about this country. How in the world do you think a nation will move forward when injustice like this is done? But God always have a way to fight for the marginalized. Look at Nigeria going to almost 60 years as a nation, but still revolving round the same spot. Irrespective of whatever, the igbo man is still blessed. I believe it's time our leaders in the East begin to ask themselves honest question. Come together and source for funds as a regional block to develop our region. We can pull funds to develop our place, in fact we shouldn't be depending on central government for development. 10 Likes |
Re: Buhari’s $22.7 Billion Loan Spending Plan: $1.25bn For Abuja Rail, $500m For NTA by Octimusprime: 1:19pm On Mar 06, 2020 |
Lai Mohammed quietly gets his $500m. Na wa oooh.
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Re: Buhari’s $22.7 Billion Loan Spending Plan: $1.25bn For Abuja Rail, $500m For NTA by yeman1(m): 1:19pm On Mar 06, 2020 |
Most these thing goes to.North.. 2 Likes |
Re: Buhari’s $22.7 Billion Loan Spending Plan: $1.25bn For Abuja Rail, $500m For NTA by anonimi: 1:19pm On Mar 06, 2020 |
horsepower102: If southerners can't get together and avoid long throat greediness killing us, we will continue to have our anus drilled silly by the burantashi of lootocracy northerners, who will use every trick to hold us back under their yoke. www.nairaland.com/attachments/10929745_fbimg1579455637436_jpeg941d304a647af28279b50f7769b411f4 www.nairaland.com/attachments/11029618_nigeria1959elections_jpegb311882ba015e01cc820b4c658d6161d Collapse of Soviet Union 2 Likes 1 Share |
Re: Buhari’s $22.7 Billion Loan Spending Plan: $1.25bn For Abuja Rail, $500m For NTA by Coldie(m): 1:20pm On Mar 06, 2020 |
Most of those projects Buhari is borrowing for is totally unnecessary. How much would be poured into the north east they already have NEDC and other projects. Now they want to allocate full blown 300million dollars to them 3 Likes |
Re: Buhari’s $22.7 Billion Loan Spending Plan: $1.25bn For Abuja Rail, $500m For NTA by solmus: 1:21pm On Mar 06, 2020 |
stop telling lies, Isreal isn't the top in military might of middle east, they don't have the largest gdp or per capital so stop telling lies 9jaDoomCountry: 2 Likes |
Re: Buhari’s $22.7 Billion Loan Spending Plan: $1.25bn For Abuja Rail, $500m For NTA by Burruchaga71(m): 1:21pm On Mar 06, 2020 |
Now I understand y Senator Abaribe wanted to know how the money will be use. 5 Likes |
Re: Buhari’s $22.7 Billion Loan Spending Plan: $1.25bn For Abuja Rail, $500m For NTA by Coldie(m): 1:22pm On Mar 06, 2020 |
Buhari is diving Nigeria with all these his tribalistic tendencies the hatred will continue to grow. So many of us igbos who are supporting Nigeria or Buhari self don't know what we are supporting him for, he keeps paying us back with hatred and marginalization. 1 Like |
Re: Buhari’s $22.7 Billion Loan Spending Plan: $1.25bn For Abuja Rail, $500m For NTA by CSTR2: 1:23pm On Mar 06, 2020 |
Back2Daura:And the irony is that you need to activate the Nnewi -aba- Onitsha industrial clusters to even have a chance at sustainable industrialisation of this country. I would expect significant investment in roads, power and standardisation of those places. Invest in the middle belt. Activate their agricultural sector. The old man is building rails and roads in the north. To do what? To make Northern -southern Migration easier? It's a waste. Nobody can convince me otherwise. 5 Likes |
Re: Buhari’s $22.7 Billion Loan Spending Plan: $1.25bn For Abuja Rail, $500m For NTA by djon78(m): 1:24pm On Mar 06, 2020 |
meforyou1: Even with all there marginalization the igbo man is faring well. His God has blessed him. The only pity are the kind of leadership we have in the East. Very terrible. Unlike the times of Micheal Okpara, Akanu Ibiam. These were true visionary leaders of the East 8 Likes |
Re: Buhari’s $22.7 Billion Loan Spending Plan: $1.25bn For Abuja Rail, $500m For NTA by Ladipodeal: 1:24pm On Mar 06, 2020 |
fergie001: We are in serious trouble. Chaiiiiii... 1 Like |
Re: Buhari’s $22.7 Billion Loan Spending Plan: $1.25bn For Abuja Rail, $500m For NTA by tiredoflife(m): 1:24pm On Mar 06, 2020 |
solmus: Who told u it's hard Who gave u that notion Business plan has to do with finding a need and meeting it I have been opportuned to meet that man Evans kidnapped twice who paid $2m to be free We had dinner at golden tulip hotel in festac town He is not a graduate So are many CEOs of good profit making companies in Nigeria Graduates should cut this entitlement mentality The govt plans are not solely tailored for u lots Anyone with a good idea doesnt have to be a graduate It's cheap to think solutions And also cheaper to get a business plan written I am in a start up company We are in our talking phase Deals we are pulling will blow ur mind From oil and gas to agriculture Guess what we are not all graduates We only have a solution driven team Even our business plan is not written by us All u need is a good network The right phone numbers And ur ideas will come to life That trash called Bsc will only get u a job in the company of the man u think is an illiterate cos he hasn't gotten certification u all got from school. Henry Ford who didnt go to school was once accused as an illiterate in a newspaper in America He took them to court and won the case Not because he is not an illiterate But he has the ability to get the job done So I repeat loans are not designed to suit graduates but people who can bring workable solutions 8 Likes |
Re: Buhari’s $22.7 Billion Loan Spending Plan: $1.25bn For Abuja Rail, $500m For NTA by illiteratepmb: 1:24pm On Mar 06, 2020 |
[s] Witcher:[/s] Stop this trash |
Re: Buhari’s $22.7 Billion Loan Spending Plan: $1.25bn For Abuja Rail, $500m For NTA by Obinnachu9765: 1:25pm On Mar 06, 2020 |
see below |
Re: Buhari’s $22.7 Billion Loan Spending Plan: $1.25bn For Abuja Rail, $500m For NTA by Seunpaul01(m): 1:26pm On Mar 06, 2020 |
Now I see why we are backward and will still remain backward with this kind of projects. Obviously, over 50% of the funds will go to waste or looted. That's huge funds for Lagos and Ogun power is a cool one. I see these two states enjoying stable electricity. |
Re: Buhari’s $22.7 Billion Loan Spending Plan: $1.25bn For Abuja Rail, $500m For NTA by Nobody: 1:26pm On Mar 06, 2020 |
fergie001: So, this is the breakdown for the looting? Nigeria is gone. The Abidjan Lagos corridor study group project which the International community is handling for ECOWAS through the EU and other donor agencies now requires loan for counterpart funding? Wayo. Fraud. How much loan would be required to construct the road? The IT infrastructure backbone project should be handled by telecom companies. Is it Prof Dambatta and NITDA DG that submitted this cost? What about security? You edited it out? What is the rate of return? How are we going to pay back? Must you collect $22.7 billion loan for this PAPER WORK. Nigeria is gone 2 Likes |
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