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₦656bn Bailout To States: Buhari Is A Caring Leader – BMO - Politics - Nairaland

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₦656bn Bailout To States: Buhari Is A Caring Leader – BMO by valentineuwakwe(m): 12:42pm On Nov 24
The Buhari Media Organisation says the fresh N656 billion bailout to 36 states confirms President Muhammadu Buhari is a caring leader.

A statement on Wednesday by the Chairman, Niyi Akinsiju, and Secretary, Cassidy Madueke, said the latest facility is the fourth in six years.

Each state will get N18.2 billion to help them meet financial obligations and budget support due for repayment.

The funds will be disbursed in six tranches over six months, with a 30-year tenor, and a 2-year moratorium at an interest rate of 9 percent.

BMO noted that the presidential gesture was unprecedented and commendable.

“Not even in the oil boom years of the People’s Democratic Party (PDP) did the country witness anything close to this”, the statement read.

It recalled that the first bailout was within the first few months of the Buhari administration when about 27 states could not pay salaries and pensions.

“Another was in 2016 while a third was disbursed in 2017 with President Buhari specifically insisting that Governors should prioritize payment of salaries,” it added.

BMO said the most recent shows Buhari “is so compassionate that he once asked some Governors how they sleep at night knowing that workers salaries had not been paid”.

The body advised Governors to use the N18.2 billion judiciously on projects and programmes that would be beneficial to the people.

Source:https://dailypost.ng/2021/11/24/n656bn-bailout-buhari-a-caring-leader-pdp-govt-didnt-help-states-bmo/

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Re: ₦656bn Bailout To States: Buhari Is A Caring Leader – BMO by Felimax(m): 12:44pm On Nov 24
These ones are still in illusion. Caring leader my anus!
If his economic policies were good they will not need the bail out.
This mistake Nigerians will never forget in a hurry.

83 Likes 4 Shares

Re: ₦656bn Bailout To States: Buhari Is A Caring Leader – BMO by Fahdiga(m): 12:46pm On Nov 24
Which Buhari. Is it the one that has brought hardship, sorrow and misery to our dear country? Garbage Shehu disguising as BMO to spew trash as usual

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Re: ₦656bn Bailout To States: Buhari Is A Caring Leader – BMO by KingEverest: 12:46pm On Nov 24
grin first of all,why are the states unable to pay salaries? after destroying the country`s economy with stupendous policies,you start giving them loan as a solution

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Re: ₦656bn Bailout To States: Buhari Is A Caring Leader – BMO by Moferere: 1:38pm On Nov 24
Buhari & caring in the same sentence?


Thunder where are you? Come and fire BMO

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Re: ₦656bn Bailout To States: Buhari Is A Caring Leader – BMO by DubaiLandLord1: 1:53pm On Nov 24
This people sha want make Ndi PotoPoto people wail grin

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Re: ₦656bn Bailout To States: Buhari Is A Caring Leader – BMO by BigSarah(f): 1:59pm On Nov 24
Exactly that's why we should all support

Buhari and osinbanjo 3rd term

Insha Allah

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Re: ₦656bn Bailout To States: Buhari Is A Caring Leader – BMO by KingEverest: 2:14pm On Nov 24
BigSarah:
Exactly that's why we should all support

Buhari and osinbanjo 3rd term

Insha Allah
lol grin

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Re: ₦656bn Bailout To States: Buhari Is A Caring Leader – BMO by brainpulse: 7:51am On Nov 25
Truth be told, while other past government has always denailed states such funds, this government has always shared to all the states the entitled funds.
Everyone must ensure their state government utilizes their own judiciously, rather than share malt and N400 or N500 to pregnant women like Abia

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Re: ₦656bn Bailout To States: Buhari Is A Caring Leader – BMO by meritadavize1(m): 7:52am On Nov 25
Food Don show for none performing governors.... Congratulations to otom and the rest

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Re: ₦656bn Bailout To States: Buhari Is A Caring Leader – BMO by Damidave1124(m): 7:52am On Nov 25
We should hold most of our governors responsible for the difficult times we are going through at times
Re: ₦656bn Bailout To States: Buhari Is A Caring Leader – BMO by remi4ever(m): 7:53am On Nov 25
Everyone in that organisation needs a BRAIN check.

You make the economy hard, now you're giving out loans...?? �

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Re: ₦656bn Bailout To States: Buhari Is A Caring Leader – BMO by doneem(m): 7:53am On Nov 25
It's because APC states are more than PDP and he can't give some without giving others.

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Re: ₦656bn Bailout To States: Buhari Is A Caring Leader – BMO by verybadmouth: 7:53am On Nov 25
Money that is going to most Governor's pockets.

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Re: ₦656bn Bailout To States: Buhari Is A Caring Leader – BMO by SeunOluwafemi: 7:53am On Nov 25
Indeed, a caring leader who has landed Nigeria into a long time debt.

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Re: ₦656bn Bailout To States: Buhari Is A Caring Leader – BMO by Kingoslo(m): 7:54am On Nov 25
Definition of foolishness...
Re: ₦656bn Bailout To States: Buhari Is A Caring Leader – BMO by daddytime(m): 7:55am On Nov 25
Okay.

We don hear.
Re: ₦656bn Bailout To States: Buhari Is A Caring Leader – BMO by Maxymilliano(m): 7:56am On Nov 25
Lol .. Bailouts that will end up in individual pockets
Re: ₦656bn Bailout To States: Buhari Is A Caring Leader – BMO by isaiah4life(m): 7:56am On Nov 25
God bless mr president.

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Re: ₦656bn Bailout To States: Buhari Is A Caring Leader – BMO by JavaScript90: 7:57am On Nov 25
Foolish people. The past government didn't do this because the economy was good and the states were not in crisis.

This government is just giving states loan that will be repaid by later generations. This is the yoke of bondage of debt
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3 Likes 1 Share

Re: ₦656bn Bailout To States: Buhari Is A Caring Leader – BMO by pefeba: 7:57am On Nov 25
Mumu man

Re: ₦656bn Bailout To States: Buhari Is A Caring Leader – BMO by lonecatt(m): 7:57am On Nov 25
Why won't he when he has destroyed the economy.

Sycophants
And some of this people call themselves youths

1 Like

Re: ₦656bn Bailout To States: Buhari Is A Caring Leader – BMO by DuBLINGreenb(m): 7:57am On Nov 25
Caring finish you there

1 Like

Re: ₦656bn Bailout To States: Buhari Is A Caring Leader – BMO by Lemmy123(m): 7:57am On Nov 25
Eweeeyyyy!

I'm only counting how many days left before this signboard of a president vacates that seat
Re: ₦656bn Bailout To States: Buhari Is A Caring Leader – BMO by mainman7(m): 7:57am On Nov 25
On top we Masses' Tax Payers money o!
Guineapigs and rats are suprised and wondering when humans became labrats instead of them..

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Re: ₦656bn Bailout To States: Buhari Is A Caring Leader – BMO by bergs2(m): 7:57am On Nov 25
BMO the elder brother of BMC

4 Likes

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