Blackmann001:


Plz talk with reason not without a head on your head...

Where is buhari now getting .mOney to pay huge civil service ND polital wages if not from borrowing..?

The difference is that one administration was transparent to say it, the other administration is lieing abt it

I don't exchange banter with kid, if you can't present your argument without using degrading choice of words

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DexterousOne:


Just look at the mentality of this one

You simply don’t like being told the truth always playing the victim card. Nigeria is free for all to live and settle but the way the Ibo man goes on, you would think they are welcoming to others in their own land or that they weren’t busy settling in and buying up the rest of Nigeria.

Enough of the hypocrisy!!!

Ogbuu101:
When the history of this country will be written,the SE will hold their head up high as the ppl who did their best to resist the worst govt ever and who were not among the govt that turned d 3rd fastest growing economy to d poverty capital of the world in less than 4yrs.

You will wail for long. There is no time you people ever hold your heads high from the time you picked up arms against the Federal Republic till date. So, just bury your head in the sand of shame

BreconHills:


Bros the loans are low interest loans and it doesn't take a genius to explain that we have 40% of our population under 14. In the absence of export proceeds and an annual deterioration on the naira of at least 7% per annum, The only way to create a future for Nigeria's emerging generation is massive infrastructure builds. Nigeria has to purchase its growth, it cannot save towards growth - that train left the station many years ago.

Its a no brainer.

Not everyone can raise these concessional interest loans at this time - lenders are not stupid and this is why there is a mad rush for Nigerian bonds. If people feel you çant repay nobody will give you money. The decision to stop the fuel subsidy will provide $21bn in 12 months, the expected sale of some national assets will also provide relief. Import substitution is doing well. What is not to like? https://www.google.com/amp/s/www.bloomberg.com/amp/news/articles/2020-05-21/record-deficit-fails-to-dent-nigerian-bonds-outperforming-africa

Will part of this money be misapplied? Yes. In spite of this, is it still a good decision? Capital YES!

Many people think that decisions and life are black and white, right and wrong. In fact they are shades of grey and those shades dictate that in the present circumstances Nigeria MUST take concessional loans.

loan to marry plenty wives, exotic houses, exotic cars, for clannish domination, seldom for infrastructural development.

Find it hard to agree that your point of view is feasible

Esseite:


Is there any project in the East sited on that loan schedule?..

None. Politics is investment. You invest your votes and reap infrastructure. You voted for Goatluck Jonaddaft and Atikuchukwu, you can go and meet them for your projects. Have some shame, stop begging your enemies for food.

Earlystar698:
I don't want the FG to include SE because we are not part of this shithole country

But, we will all pay the loans.

isthatso:


Ibos “colonize” by migrating, controlling and destroying the businesses of the hosts. Getting into office and putting their people there. Are you not the ones that like to brag you own 70% of Abuja and Lagos? While diverting attention to herdsmen, you are slowly taking control in other people’s land.

Oga, there is a difference between a willing seller buyer relationship and colonization or invasion. You Fulani are invaders, you steal land by force of gun and anarchy.
Abuja, Lagos etc lands as you said are sold and bought. The indigenes also buy back sold land, properties and the trade goes on.
Getting into office and putting their people there? Ha ha. Those are known attributes of Sai baba and his cowntri pepols.

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Ogbuu101:
When the history of this country will be written,the SE will hold their head up high as the ppl who did their best to resist the worst govt ever and who were not among the govt that turned d 3rd fastest growing economy to d poverty capital of the world in less than 4yrs.

They were only asking for southeast projects to be added to projects. They did nothing special.

EdiskyHarry:
It's Niger delta oil that will suffer the most. Niger delta wake up, very soon the whole vegetation of Niger delta will be destroyed as a result of oil activities.

Oil is tending towards $0. Very soon, you will be hawking your oyel in Lagos holdups and drinking the rest.

Shezkid01:
Let’s this country break before 2023
Femi and senate president are Mad
Ask buhari about the Chinese loan and others
Keep borrowing
Do Nigeria gov think oil will still sell after covid
When European countries are now producing electric cars
Trillions of debt.. I can’t even point out one big infrastructure in this country
2 Niger bridge since 2015
No refineries promised by this failed Buhari
They are looting money for the north still they are the poorest in this country
I see Yugoslavia incident in Nigeria ASAP
We can’t continue like this

It's quiet shameful that average Nigerians like me and you can only wail and chest-beat behind the keypad,we are not ready to do all wat it takes to dismantle this system. Am 100% sure that this country will continue like this until we scrap this unitry system of Government, we can't just continue like this??

To seek for FG job,u buy the slot
No roads,they keep on borrowing almost everyear to service the same project.
Security,even worse than b4.
Economy, slightly heeding to recession yet the FG have not take any step to reduce cost of governance,it is shameful. They keep on borrowing for their flamboyant lifestyle, until we return back to regional government, am still yet to see any light at the end of the tunnel.

The rougues at the Red and green chamber are very useless thou they might always get their cut in most of those loans may be that is why they always in haste to approve those loan, They continue to tax everything yet we are still seeking for foregin loan,where are all those taxes ending up to??

Are you a smarter than CNN analysts that ranked us third fastest growing economy in the world? Have you asked yourself when the contracts for renovation of those airports were awarded. Guy be wise na. Ask for information before you spew out ignorance online.

Afamed:

Do you still believe in your own lies? They built world class airport? Which airports are now being renovated in Rivers, Abuja,Enugu,Kano and Lagos? If they were world class, what suddenly happened to them, just 1 yr after PDP left office that those, airports needed to be renovated again?
Fasting growing economy and yet borrowing money to pay Salary? I wonder if you people, think people you talk despite the oil was at highest earning during GEJ and PDP era

zz

Sunnyja:
Why can't you just remember that OBJ met crude oil at less than18dollars per barrel with lower volume of production because of the militancy in the Niger Delta then yet he didn't borrow away our future.

Unfortunately, most people can only remember Jonathan's government and forget the heavy infrastructural deficits the country accumulated during the military era. Obasanjo tried to open up the economy and systematically returned the military to the barracks.Although he also has his own faults, but the country was never highly divided.
The funniest thing about our citizens is that they fail to see that this same politicians have been there all these while, they have been jumping from one party ro the other.

codemaniacs:


since you're talking about oil money don't forget Delta and Edo were also in the western region.

The ibos had already coluded with the North to create Midwest state out of the western region in order to weaken Awolowo. You needed 2 regions to amend the constitution at the time.

I WOULDNT WORRY TOO MUCH ABOUT THIS.



BY THE TIME CORONA VIRUS FINISH DEALING WITH THE GLOBAL ECONOMY AND DECLINE IN OIL PRICE, ANY INTERNATIONAL FINANCIAL INSTITUTION THAT APPROVES THIS LOAN FOR BUHARI MUST BE VERY STUPID AND BASICALLY DATCHED HIM THEIR MONEY.




BUHARI GOVERNMENT ENDS IN 2 YEARS.




WAT WILL BUHARI DO IN TWO YEARS WITH THE LOCKDOWN EVERYWHERE IN THE WORLD?




BY THE TIME THE LOCK DOWN END IN ONE YEAR TIME, ALL ECONOMIES IN THE WORLD WILL BE DOWN, WHICH MEANS MONEY WILL BE SCARCE. BUHARI HAS ONE YEAR LEFT.



OF THE TWO YEAR, HAND OVER AND ELECTION POLITICS WOULD HAVE STARTED FROM END OF NEXT YEAR 2021, IN ANOTHER YEAR AFTER THAT IT WILL BE PVC AND ELECTION MATERIALS.


COUPLE OF MONTHS LATER, WE BID BUHARI FAREWELL FOREVER.


SO WHERE ARE THE PROJECTS?



PLUS, THE LOAN MONEY WOULD HAVE DEVELOPED LEG AND WALK AS USUAL.

hammerpP:
IF NIGERIA COLLAPSE, WILL SW AND NORTH BE THE ONLY REGION PAYING FOR THIS LOAN?




I FORESEE SE REGION EXITING NIGERIA.





SINCE THE LOAN DID NOT INCLUDE PROJECTS IN OUR REGION, WE WILL NOT PAY.

If Dem born you well make you no pay. Maybe you no get second niger bridge and airport you go talk.

zz

GodPunishBiafra:
Lol!
Borrow-loot-president

Useless country!

COST OF PRODUCTION OF OIL BY COUNTRY per barrel.

> RUSSIA $3
>SAUDI ARABIA 4$
>ANGOLA (our neighbor) 8$


>NIGERIA $21

how much was it during Jonathan...

Corporate2020:


You will wail for long. There is no time you people ever hold your heads high from the time you picked up arms against the Federal Republic till date. So, just bury your head in the sand of shame

And we will keep picking up arms against you fools who know nothing other than plunging the country into irredeemable loans. Look I don't care what you fools think but as for Biafra it shall come and Igbos shall have the last laugh cos since no productive infrastructure was done with the loans in SE, you people might as well start thinking of paying back the billion loans alone.

BeLookingIDIOT:

Explain how he turned the so-called 3rd fastest growing economy to whatever in 4yrs?

I think you should ask Beau Harry... )
I am sure you know this.

Meanwhile, it seems it is now Ethiopia...

codemaniacs:


okay. I just checked, I didn't know it was created long before 1966.

Yeah as at that time, the oil was discovered certainly produced in present day Bayelsa state. I believe the Midwest discoveries came later

Corporate2020:


You will wail for long. There is no time you people ever hold your heads high from the time you picked up arms against the Federal Republic till date. So, just bury your head in the sand of shame

Lolz.Are you doing better than any eastern person?
Na your brothers de loot bread van just 5 days into a lockdown.
One million boys ooo,awawa boys oo

[quote author=Taye4j post=90243310]


NNAMDI KANU SAID, THE YORUBA MAN GREATEST ACCOMPLISHMENT IS TO BE IN A BETTER POSITION THAN THE IGBO MAN.


SEE THE NONSENSE YOU ARE SUPPORTING BECAUSE SE IS EXCLUDED.


AS LONG AS IGBO IS IN WORST POSITION YOU ARE HAPPY.


YET, WEN WE TAKE A CLOSER LOOK AT THE LOAN, ALL OF IT IS FOR THE NORTH.


AREAS THE NORTH IS LACKING AND WANT TO DEVELOP.


EVEN THE RAILWAY IS FOR THE NORTH COLLECTING CARGO FROM LAGOS AND BRING THEIR ALMAJIRI.


DAFT READ!

Kaduna State Development Policy (DPO)(Renamed Kaduna State Economic Transformation Programme-for-result) – $350,000,000; Rehabilitation and Reconstruction of Infrastructure, Livelihood, Food Security and Recovery (Renamed Multi-sectoral Crises Recovery)- $200,000,000 and Regional Disease Surveillance System Enhancement Project in West Africa – $90,000,000.

The African Development Bank is expected to finance 10 projects to the tune of $1.88 billion, which include Rural Water Supply and Sanitation- $150,000,000; Agriculture Transformation Agenda Support Project 11 (ATASP) – $200,000,000; Staple Crops Processing Zones (SCPZs) – $500,000,000; Institutional Strengthening and implementation of Policy Reforms – $33,750,000 and Emergency Road Rehabilitation Maintenance – $434,700,000.

Other projects to be financed by the bank are: Development Finance Project co-finaced by IDS – $500 million, AFD – $130 million, AfDB – $400 million, AFF- $50 million, KFW – $200 million ($450,000,000); Lake Chad Basin Commission -$13,000,000; Integrated Programme for Development and Adaptation to climate change in the Niger Basin – $6,000,000; Abdijan-Lagos Corridor Highway Development Study – $1,500,000 and North-east Nigeria Integrated Social Protection, Basic Health, Education, Nutrition Service Livelihood – $100,000,000.

South East have tried, it's unfortunate that other Nigerians don't seem to understand what they are seeing and warning about.
Kudos to all Igbo people and their representatives, you have done your part to help salvage this country despite all the negative feelings towards you even from people whom you are fighting to help and posterity will surely be kind to you.

[quote author=hammerpP post=90243511][/quote]

Igbos greatest achievement is to go on all platforms to call Yorubas different names. I don't care whatever you Lord and savior Nnamdiot Cownu says, the truth is, were your representatives sleeping when it scaled both readings.

Stop blaming others for your misfortune.

Rubber stamp Senate and house of reps. They have their share from the money.

GodPunishBiafra:
Lol!
Borrow-loot-president

Useless country!

COST OF PRODUCTION OF OIL BY COUNTRY per barrel.

> RUSSIA $3
>SAUDI ARABIA 4$
>ANGOLA (our neighbor) 8$


>NIGERIA $21

And your handle is GodpunishBiafra!!!
Confusion

Imhotep

Taye4j:


Igbos greatest achievement is to go on all platforms to call Yorubas different names. I don't care whatever you Lord and savior Nnamdiot Cownu says, the truth is, were your representatives sleeping when it scaled both readings.

Stop blaming others for your misfortune.

NNAMDI KANU IS RIGHT.

SEE THE NONSENSE U ARE CELEBRATING.

TELL ME WHERE SW EXCLUSIVELY BENEFITED FROM THIS LOAN WITHOUT NORTHERN INCLUSION?


JUST SHOW ME ONE AREA, I DEY WAIT.

Iceberg3:


And your handle is GodpunishBiafra!!!
Confusion

p

GodpunishBiafra actually needs Biafra

Cc lzaa

chai... the reps are just kicking when the commander in chief has already taken the first step by meeting with the president of AfDB