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Nairaland Forum / Nairaland / General / Politics / Obasanjo: Borrowing For Recurrent Expenditure Is Foolish (16492 Views)
Kenneth Okonkwo Is Foolish / Ndume Threatens To Relocate Abroad Over FG’s Rising Recurrent Expenditure / Reps Approve More Borrowing For Presidency (2) (3) (4)
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Re: Obasanjo: Borrowing For Recurrent Expenditure Is Foolish by OgatheTop: 9:33am On Sep 20, 2021 |
The block head has borrowed 40 billion dollars in 6 years. 1 Like |
Re: Obasanjo: Borrowing For Recurrent Expenditure Is Foolish by Rexymania(m): 9:41am On Sep 20, 2021 |
Obasanjo you were never better, but I think you are 1% better than that fool called buhari |
Re: Obasanjo: Borrowing For Recurrent Expenditure Is Foolish by Owilar(m): 10:05am On Sep 20, 2021 |
I don't know where the economic experts are taking us to, maybe they want to sell us out |
Re: Obasanjo: Borrowing For Recurrent Expenditure Is Foolish by Nobody: 10:13am On Sep 20, 2021 |
Again, you gave a definition of what here? Uncollapsible country eh. tonyson010: |
Re: Obasanjo: Borrowing For Recurrent Expenditure Is Foolish by Kay25(m): 10:48am On Sep 20, 2021 |
NGpatriot:den u are not sure of what u are saying if u can't tell me one Mr patriot or parrot deni |
Re: Obasanjo: Borrowing For Recurrent Expenditure Is Foolish by Codes151(m): 11:03am On Sep 20, 2021 |
HandsomeHITLER:as in... it's the height of stupidity. And they still think they are fit to rule. |
Re: Obasanjo: Borrowing For Recurrent Expenditure Is Foolish by Standing5(m): 11:24am On Sep 20, 2021 |
NGpatriot:what stupid projects ? The lanky demon vessel is borrowing to pay salaries. That's wicked politics. If the workers are not productive enough to cover their salary, lay them off instead of borrowing for the next leader to come and pay. How much is FG revenue if it may ask? |
Re: Obasanjo: Borrowing For Recurrent Expenditure Is Foolish by chukel(m): 11:34am On Sep 20, 2021 |
RodgersAkpafu:it is just to prove to you that all his loans have capital projects attached to it. I used that cos it made headline in dailies and even nairaland. |
Re: Obasanjo: Borrowing For Recurrent Expenditure Is Foolish by Standing5(m): 11:34am On Sep 20, 2021 |
ednut1:oil prices were lower under OBJ yet he repaid a humongous loan and kept indices far better. Buhari is the problem. He is borrowing to do project just out of selfishness and not with the aim of boosting productivity or growth of the economy. |
Re: Obasanjo: Borrowing For Recurrent Expenditure Is Foolish by Bimpe29: 11:42am On Sep 20, 2021 |
May God help us out as it's really disturbing and devoid human comprehension why things are the ways they have been. |
Re: Obasanjo: Borrowing For Recurrent Expenditure Is Foolish by faithfull18(f): 11:52am On Sep 20, 2021 |
purpinkx:. |
Re: Obasanjo: Borrowing For Recurrent Expenditure Is Foolish by NGpatriot: 2:38pm On Sep 20, 2021 |
[s] Kay25:[/s] Obviously, you are not educated and intelligent enough to follow a simple internet discussion. Take a seat amd keep quiet. |
Re: Obasanjo: Borrowing For Recurrent Expenditure Is Foolish by NGpatriot: 2:42pm On Sep 20, 2021 |
[s] Standing5: [/s] If you are going to rant and defend your useless looting and stealing PDP uncles, show us what they gave Nigeria with all the money they accumulated. They earned more money from oil than PMB stat they can build and develop Nigeria without borrowing 1 kobo, but they looted every kobo. Before your next sill post, make sure you list what they did and their16 years of achievement, including the projects they commissioned in your village. |
Re: Obasanjo: Borrowing For Recurrent Expenditure Is Foolish by NGpatriot: 2:48pm On Sep 20, 2021 |
The reason why we borrow today, the looting and stealing clowns left a crippled economy. looted funds without a single major project to show. GEJ collected N51 billion without 1 single road, no single bridge, no single hospital, no refinery, no electricity, nothing, just looting and stealing. Now the useless crooks and hypocrites that destroyed Ni8geria want to talk about debt. Olodo GEJ Borrowed N473 Billion to pay salaries till his last week in office...
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Re: Obasanjo: Borrowing For Recurrent Expenditure Is Foolish by NGpatriot: 2:52pm On Sep 20, 2021 |
Up until May 2015 the same month they left office, they were borrowing to pay salary after collecting the largest oil earnings in the history of Nigeria.. They need to be shot for crimes against humanity.
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Re: Obasanjo: Borrowing For Recurrent Expenditure Is Foolish by NGpatriot: 2:59pm On Sep 20, 2021 |
For 16 years, OBJ and his looting and stealing PDP collected Trillions, but no road, no bridge, no hospital, no refinery, no electricity, nothing and they still borrow massively to pay salaries until their last week in the office before handing over yo PMB.What a bunch of crooks. They abandoned thousands of projects all over Nigeria, Nigerians benefited nothing from their 16 years of debts and looting and stealing. |
Re: Obasanjo: Borrowing For Recurrent Expenditure Is Foolish by Standing5(m): 3:29pm On Sep 20, 2021 |
NGpatriot:you mean there was more money under OBJ than under the Lanky Demon Vessel? Irredeemable creature. |
Re: Obasanjo: Borrowing For Recurrent Expenditure Is Foolish by statesman6: 3:37pm On Sep 20, 2021 |
geemd434:The funniest thing about you is that you said *tribalistic* how does that equate with obj and Buhari's tenure that I quoted. You're off point mongrel |
Re: Obasanjo: Borrowing For Recurrent Expenditure Is Foolish by lexy2014: 4:02pm On Sep 20, 2021 |
geemd434: U really haven't said anything meaningful. How did u arrive at ur conclusion that "some of us are tribalists"? How did u arrive at d conclusion that I am supporting Obasanjo and that I am doing so because he is Yoruba? What tribe do u think I am? If u say that d problem is tribalism, what has d question that I asked got to do with tribalism? What is correlation between reading and d question I asked? If u read, how come u weren't able to answer d simple question I asked: "At what point did Obasanjo govt borrow to pay salaries?" |
Re: Obasanjo: Borrowing For Recurrent Expenditure Is Foolish by NGpatriot: 4:14pm On Sep 20, 2021 |
Standing5: Elementary student, you won't read and keep up with current affairs, you just open your mouth to embarrass yourself.
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Re: Obasanjo: Borrowing For Recurrent Expenditure Is Foolish by Standing5(m): 4:21pm On Sep 20, 2021 |
NGpatriot:you are so irredeemable. Keep at it as I love the stats. |
Re: Obasanjo: Borrowing For Recurrent Expenditure Is Foolish by writeprof(m): 4:22pm On Sep 20, 2021 |
themosthigh: You're still believing at this point... |
Re: Obasanjo: Borrowing For Recurrent Expenditure Is Foolish by NGpatriot: 4:23pm On Sep 20, 2021 |
SPECIAL REPORT: Nigeria’s four seasons of lavishness with N15.46 trillion Excess Crude Fund https://www.premiumtimesng.com/news/headlines/312330-special-report-nigerias-four-seasons-of-lavishness-with-n15-46-trillion-excess-crude-fund.html OBJ - $33.74 Billion Just look at the difference, so massive. Still, they did not build road, no bridge, no hospital, no refinery, no electricity. |
Re: Obasanjo: Borrowing For Recurrent Expenditure Is Foolish by NGpatriot: 4:27pm On Sep 20, 2021 |
OBJ - $33.74 Billion OBJ spent 8 years in office and accumulated $33.74 Billion, 16 x more than PMB, still, useless OBJ left office with nothing to show, the man should be covering his big head in shame.. |
Re: Obasanjo: Borrowing For Recurrent Expenditure Is Foolish by NGpatriot: 4:30pm On Sep 20, 2021 |
Jonathan - $45.56 Billion Jona accumulated the largest ever, but he did not commission any road, no bridge, no hospital, no refinery, no road, no electricity. What did OBJ and Jona do without money? How come it is only PMB with his smallest earnings that we can see commissioning major projects? God punish OBJ and his looting and stealing PDP gang. |
Re: Obasanjo: Borrowing For Recurrent Expenditure Is Foolish by sucess001(m): 4:49pm On Sep 20, 2021 |
geemd434: He is the reason you can come online and type rubbish. He opened up telecoms industry. He got all our debts cancelled. He got us respect in committee of nations. He kept dollar low and economy ticking. Tell me what your current boss has done which is anywhere close to this... |
Re: Obasanjo: Borrowing For Recurrent Expenditure Is Foolish by Kay25(m): 7:25pm On Sep 20, 2021 |
NGpatriot:u dat is educated but acting like an aliterate nko..simple defence u can't do what's now the essence of your whole vocabulary that u know..waste on waste chaii wake up man and stop dreaming in the fantasy land of your pride |
Re: Obasanjo: Borrowing For Recurrent Expenditure Is Foolish by BareFacedLies(m): 4:29am On Sep 21, 2021 |
NGpatriot: |
Re: Obasanjo: Borrowing For Recurrent Expenditure Is Foolish by lexy2014: 10:23pm On Sep 21, 2021 |
NGpatriot: what has come of this? any update or progress? how have d lives and living standard of nigerians improved since 2015?
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Re: Obasanjo: Borrowing For Recurrent Expenditure Is Foolish by NGpatriot: 10:43pm On Sep 21, 2021 |
[s] Kay25:[/s] Not interested in your BiafraNISTAN ipobian Taliban nonsense.
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Re: Obasanjo: Borrowing For Recurrent Expenditure Is Foolish by juman(m): 10:50pm On Sep 21, 2021 |
Nigerian generals -- oloriburuku oleeeeeeeeeeeeeee. |
Re: Obasanjo: Borrowing For Recurrent Expenditure Is Foolish by Akanoaaa(m): 3:00pm On Sep 24, 2021 |
NGpatriot: Typical dumb, fo.lish, unintelligent northern slave. |
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