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FG To Borrow Dormant Account Balances, Unclaimed Dividends - Business (6) - Nairaland

Nairaland Forum / Nairaland / General / Business / FG To Borrow Dormant Account Balances, Unclaimed Dividends (36135 Views)

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Re: FG To Borrow Dormant Account Balances, Unclaimed Dividends by zedegit: 5:12am On Jan 07, 2021
GIANTPLUSHUB:


Source : https://www.thecable.ng/fg-to-borrow-dormant-account-balances-unclaimed-dividends


Does this sounds like Nigerians banks accounts are in trouble or all is well with Nigeria? Can we really trust the government that the borrowed funds will be available at anytime?

Wahala be like bicycle.

Many men died without revealing their account details to their families and banks are not making it any easier for it to get to NOK.

Some managers and staff have been siphoning it already.

There are accounts with millions of naira untouched for over 20 years. It clearly shows the owner is not alive or has no touch with the account again due to several factors.


If only those funds will be used to payoff the foreign debts or for investment purposes but seems most politicians care about now, what happens tomorrow can sort itself.
Re: FG To Borrow Dormant Account Balances, Unclaimed Dividends by amstamon: 5:45am On Jan 07, 2021
post=97793820:

The criminals and thieves you supported for 16 wasted years of looting and corruption borrowed money to pay Salaries and LOOT the rest, even when we made the highest profit in oil revenue in the historyof Nigeria,

And our darling Daddy is borrowing money to build infrastructures that have never been seen in the history of this nation.
Only the willfully blind will not see all the infrastructures being built all over the country.

And you told us not to love, Support and pray for this man, but we should rather support the thieves, looters and criminals y'all support?

We have got to a stage when PMB achievements can no longer be denied but hated.

Shame on the enemies of Nigeria,
Shame on the supporters of looters.

MAY BUHARI SUCCEED.




Amen to all the corrupt thieves among them.
They will never end well.
No matter the party they are....along with the citizens supporting such looters.

Only the good, sane, hardworking Nigerians will say Amen to this.

Enemies of the country will Japan straight......who wan die now ? grin cheesy wink

Say Amen or shut up Asadu tongue



Only the willfully blind will not see all the infrastructures being built all over the country.

Check this out briefly Stan.....

https://www.nairaland.com/6347212/buhari-no-sustainable-development-without#97754360

Baba, u don Bleep up. I had been a coded supporter of u on non political issues and contributions but u see this one, I swear u don fuvkup gan.
And u think those borrowed money would be paid back when needed?.
Even the blinds knows buhari is a failed leader.
See bro I'm not a political person but trust me buhari is a massive and biggest failure. He even made failed Jonathan to look like an hero even when we all know he's nothing close to.
I voted him in his first tenure because there was a lot of lootings and corruption everywhere. But u see the buhari, he's even worst than anything you could ever think of.
He's a tyrant, tribalist, corrupt, dictator, brain damaged, liar, psycho, idiot, etc.
Sincerely bro, without sentiments, what's ur verdict on how the economy is been run?

5 Likes

Re: FG To Borrow Dormant Account Balances, Unclaimed Dividends by maxjax(m): 5:51am On Jan 07, 2021
No lele my guy

Kingosytex:


Baba abeg no vex...This ur sig too dope.

I don already make am my watsapp status. cheesy cheesy cheesy
Re: FG To Borrow Dormant Account Balances, Unclaimed Dividends by AerialMapper: 6:01am On Jan 07, 2021
The 16 years of stealing and corruption line!

You really need to be a rare breed of slowpoke to keep repeating this like a mantra. Say something so many times and you begin to believe it.

Did Nigeria come into existence 16 years before 2015? What happened pre-1999 was what? Did the current president not head one of the most corrupt agencies which embezzled funds; the PTF through APC (Afri-Projects Consortium)?
The monies being recovered from various countries were looted by Abacha in “the last 16 years” ?

16 years kill you all there

1 Like

Re: FG To Borrow Dormant Account Balances, Unclaimed Dividends by jamesbridget13(f): 6:07am On Jan 07, 2021
For what na
Re: FG To Borrow Dormant Account Balances, Unclaimed Dividends by tinktanker: 6:22am On Jan 07, 2021
How did we let the devils rule over us in Nigeria?
Re: FG To Borrow Dormant Account Balances, Unclaimed Dividends by Wiifesnatcher(m): 6:25am On Jan 07, 2021
post=97793820:

The criminals and thieves you supported for 16 wasted years of looting and corruption borrowed money to pay Salaries and LOOT the rest, even when we made the highest profit in oil revenue in the historyof Nigeria,

And our darling Daddy is borrowing money to build infrastructures that have never been seen in the history of this nation.
Only the willfully blind will not see all the infrastructures being built all over the country.

And you told us not to love, Support and pray for this man, but we should rather support the thieves, looters and criminals y'all support?

We have got to a stage when PMB achievements can no longer be denied but hated.

Shame on the enemies of Nigeria,
Shame on the supporters of looters.

MAY BUHARI SUCCEED.




Amen to all the corrupt thieves among them.
They will never end well.
No matter the party they are....along with the citizens supporting such looters.

Only the good, sane, hardworking Nigerians will say Amen to this.

Enemies of the country will Japan straight......who wan die now ? grin cheesy wink

Say Amen or shut up Asadu tongue



Only the willfully blind will not see all the infrastructures being built all over the country.

Check this out briefly Stan.....

https://www.nairaland.com/6347212/buhari-no-sustainable-development-without#97754360


shameless specie, what's the different between your dummy and cow daddy and that kleptomania Atiku Abusebakar



your brain get as e be

2 Likes

Re: FG To Borrow Dormant Account Balances, Unclaimed Dividends by dam4sam: 6:33am On Jan 07, 2021
This Buhari wants to bankcrupt Nigeria completely, before he leave office in 2023!
He does not use his eyes or ears to hear or see Money.
He is even looting the Pension of Old people, something they saved up for their old age!
angry angry
I hope the Senile Rogue from Niger Republic does not hear that l have an inheritance, he will swoop on it like a vulture.
Baarawo Damboroba

.
I cant even call him a failed or the worst President Nigeria ever had, he is far, far worse than that.

1 Like

Re: FG To Borrow Dormant Account Balances, Unclaimed Dividends by daniwise(m): 6:38am On Jan 07, 2021
Zico5:
When we say Nigeria is finished, we truly mean it. Average Nigerians might not really understand but the next few years will be tough if Buhari is still in that Aso rock. I pray those BMC are also watching the situation. Buhari and his cohorts have run this country aground. I wonder how this is sleeping knowing fully well he is just deceiving himself.

U mean the jobless and irresponsible dead vulture seller?
Re: FG To Borrow Dormant Account Balances, Unclaimed Dividends by matm: 6:44am On Jan 07, 2021
I don't support borrowing to build capital projects which in most cases yields no money for paying back.If govt is broke,pls stop embarking on new projects and programmes and focus only on payment of salaries.which internally generated fund alone can foot.Then look inwards on where to invest. Nigeria govt can invest in communication just like mtn etc al,Sole importation business,solid minerals within etc. which will pay handsomely and bring economy back to its feet
Re: FG To Borrow Dormant Account Balances, Unclaimed Dividends by DollarBuddy: 6:57am On Jan 07, 2021
Yet some mumu nogo gree say PMB has killed this country.
Re: FG To Borrow Dormant Account Balances, Unclaimed Dividends by olmoRoc: 7:21am On Jan 07, 2021
Dis government pass thief government. Na penrobbers dem be! Dem dey de same category as armed robbers.

You're in no position to argue with them.
Re: FG To Borrow Dormant Account Balances, Unclaimed Dividends by heilige(m): 7:41am On Jan 07, 2021
It is better we dissolve that shit called nigeria
Re: FG To Borrow Dormant Account Balances, Unclaimed Dividends by yusluvad(m): 7:50am On Jan 07, 2021
E don finally happen...
Re: FG To Borrow Dormant Account Balances, Unclaimed Dividends by Ihatemumu: 7:55am On Jan 07, 2021
studentofTruth:
This is a dangerous move that can crash the banking system if FG is not careful. The citizens can easily misunderstand this and massively move their funds to Cryptocurrencies, crashing the banking system — remember, this is the 21st century!

The FG needs to do more to enlighten the citizens first before embarking on this "glorified pickpocketing."

It's obvious that the FG is cash-strapped, but "forcefully borrowing" from the citizens is not the right move. Cut expenses — there's no more room for constituency projects and budget padding! Reduce the overbloated allowances. What's a senator, HOR-member, or minister doing with hardship allowance when the real people who face the hardship are left in the cold — instead, you collect from the poor to pay the already rich and well-fed senators and ministers hardship allowance!

What might result from this move, you might not be able to handle it! A word is enough for the wise!

I rest my case.

The most sensible comment so far
Re: FG To Borrow Dormant Account Balances, Unclaimed Dividends by Nobody: 8:03am On Jan 07, 2021
That’s nonsense they know fully well that Nigerian travel a lot and vast majority of those accounts are for Nigerians in diaspora.

1 Like

Re: FG To Borrow Dormant Account Balances, Unclaimed Dividends by Krismas(m): 8:07am On Jan 07, 2021
cool grin I must commend the FANTASTIC effort of the BOOHARIG shocked led federal government in terms of economic recovery. Till date, PURE WATER remain 10naira a sachet! Zobo still sell for 50naira per pef bottle. we now have 50naira bread and groundnut. All this, inspite of the 2nd wave scamdemic shocked and recession shocked Even a round with OLOSHO is now more cheaper. ##grin
Re: FG To Borrow Dormant Account Balances, Unclaimed Dividends by ajepako(f): 8:08am On Jan 07, 2021
Including enemyofprogress/enemyofpeace/babangbali/iyangbali entire life saving of N267:12kobo?

O maa se oo

Why is this government wicked like dis?

Vickyrotex, Funjosh: Una know any Baba alajo dia?

So he can hide his entaya life saving from gofment

grin grin grin

2 Likes

Re: FG To Borrow Dormant Account Balances, Unclaimed Dividends by BobbyZrealist(m): 8:09am On Jan 07, 2021
post=97793820:

The criminals and thieves you supported for 16 wasted years of looting and corruption borrowed money to pay Salaries and LOOT the rest, even when we made the highest profit in oil revenue in the historyof Nigeria,

And our darling Daddy is borrowing money to build infrastructures that have never been seen in the history of this nation.
Only the willfully blind will not see all the infrastructures being built all over the country.

And you told us not to love, Support and pray for this man, but we should rather support the thieves, looters and criminals y'all support?

We have got to a stage when PMB achievements can no longer be denied but hated.

Shame on the enemies of Nigeria,
Shame on the supporters of looters.

MAY BUHARI SUCCEED.




Amen to all the corrupt thieves among them.
They will never end well.
No matter the party they are....along with the citizens supporting such looters.

Only the good, sane, hardworking Nigerians will say Amen to this.

Enemies of the country will Japan straight......who wan die now ? grin cheesy wink

Say Amen or shut up Asadu tongue



Only the willfully blind will not see all the infrastructures being built all over the country.

Check this out briefly Stan.....

https://www.nairaland.com/6347212/buhari-no-sustainable-development-without#97754360

Hogwash
Re: FG To Borrow Dormant Account Balances, Unclaimed Dividends by gomeks(m): 8:21am On Jan 07, 2021
Has it come to this, borrowing from dormant accounts. We are finished

GIANTPLUSHUB:


Source : https://www.thecable.ng/fg-to-borrow-dormant-account-balances-unclaimed-dividends


Does this sounds like Nigerians banks accounts are in trouble or all is well with Nigeria? Can we really trust the government that the borrowed funds will be available at anytime?
Re: FG To Borrow Dormant Account Balances, Unclaimed Dividends by bizhop01: 8:35am On Jan 07, 2021
Nigeria is a dead country
Re: FG To Borrow Dormant Account Balances, Unclaimed Dividends by Dreamhigh2016(m): 8:49am On Jan 07, 2021
studentofTruth:
This is a dangerous move that can crash the banking system if FG is not careful. The citizens can easily misunderstand this and massively move their funds to Cryptocurrencies, crashing the banking system — remember, this is the 21st century!

The FG needs to do more to enlighten the citizens first before embarking on this "glorified pickpocketing."

It's obvious that the FG is cash-strapped, but "forcefully borrowing" from the citizens is not the right move. Cut expenses — there's no more room for constituency projects and budget padding! Reduce the overbloated allowances. What's a senator, HOR-member, or minister doing with hardship allowance when the real people who face the hardship are left in the cold — instead, you collect from the poor to pay the already rich and well-fed senators and ministers hardship allowance!

What might result from this move, you might not be able to handle it! A word is enough for the wise!

I rest my case.

Makes much sense!!!
Re: FG To Borrow Dormant Account Balances, Unclaimed Dividends by sukieboy(f): 8:51am On Jan 07, 2021
Most northerners don't have bank accounts, they don't pay electricity bills, they don't pay tax but VAT money is shared to them as support for the poor. The north is sucking Nigeria dry.

Lanretoye:
they have borrowed part of china's future to the point that they can't get loan from there again...small time now if dem see excess money for person pocket,dem go borrow am.
Re: FG To Borrow Dormant Account Balances, Unclaimed Dividends by Nobody: 9:15am On Jan 07, 2021
post=97793820:

The criminals and thieves you supported for 16 wasted years of looting and corruption borrowed money to pay Salaries and LOOT the rest, even when we made the highest profit in oil revenue in the historyof Nigeria,

And our darling Daddy is borrowing money to build infrastructures that have never been seen in the history of this nation.
Only the willfully blind will not see all the infrastructures being built all over the country.

And you told us not to love, Support and pray for this man, but we should rather support the thieves, looters and criminals y'all support?

We have got to a stage when PMB achievements can no longer be denied but hated.

Shame on the enemies of Nigeria,
Shame on the supporters of looters.

MAY BUHARI SUCCEED.




Amen to all the corrupt thieves among them.
They will never end well.
No matter the party they are....along with the citizens supporting such looters.

Only the good, sane, hardworking Nigerians will say Amen to this.

Enemies of the country will Japan straight......who wan die now ? grin cheesy wink

Say Amen or shut up Asadu tongue



Only the willfully blind will not see all the infrastructures being built all over the country.

Check this out briefly Stan.....

https://www.nairaland.com/6347212/buhari-no-sustainable-development-without#97754360
You have out grown this thing you're doing. Just it pls!

1 Like

Re: FG To Borrow Dormant Account Balances, Unclaimed Dividends by starz100: 9:36am On Jan 07, 2021
Make people money no go dey miss o in the name of dormant account sha, because this one they are saying six years, is it really true, how are we sure they will not mop up account balances dormant for less than six years
Re: FG To Borrow Dormant Account Balances, Unclaimed Dividends by naturefellow(m): 9:38am On Jan 07, 2021
post=97793820:

The criminals and thieves you supported for 16 wasted years of looting and corruption borrowed money to pay Salaries and LOOT the rest, even when we made the highest profit in oil revenue in the historyof Nigeria
wonder what becomes of you when APC or PDP ceases to exist or APC is ousted from power

At this stage, you're still doing party affiliation instead seeking progressive Nigerian leadership. Appalling!

Reveals your decrepit mindset

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