100 billion is much tot

Ig this was in south-west they would have attack the governor... igbos are hypocrites,

mrksquare:


The power of leveraging

EOD

Svoboda:



Statements that dichotomize race such as yours are despicable and only point to one thing. It shows youre wallowing in race induced inferiority complex.

"Intelligent white man " in the context doesn't mean all white men are Intelligent

" A dumb black man" referenced in my comment doesn't mean all black men a dumb

Check your dogmas and see if you are not just misrepresenting facts due to your own bias and sentiment

What happen to obi investment. IGR and selling mortgage


This country they keep deceiving themselves all politician are thieves.

Solodu after peter obi, for President

We need government that is a genius all NIGERIA POLITICIAN of today nothing is special abt them

E no concern me, make Anambra State government pay me the money they are owning me shikena.

Penguin2:
Peter Obi ruled Anambra for 8 years without borrowing a dime.

The other I also read somewhere that Oyetola has not borrowed one naira so far as Osun governor.

Yet in less than 6 months into office, Soludo is already requesting to borrow #100billion.

I hope Anambra hasn’t made a mistake?

your question will be handy in 2yrs time and not now. Borrowing is not a crime, it is a good economic decision.

Moh247:





This man is truly an economist, that knows how financial system works

A dumb black man goes to the bank to save his resources for banks to use, while his money remains the same the bank makes intrest lending to investors

An intelligent white man, gets a sure income, goes to bank to get loan to finance a start up business, uses a loan to get a car and also gets a mortgage and a prepaid contract phone.... He pays back the loan from his profit margin within 10 years and he has access to acquire more asset, and his business earnings would have afforded him another car and another house

10 years after saving, a dumb black man, buys a Tokunbo used by the intelligent white man, he buys UK used Iphone 8 used by the white dude, and buys his first land to build after 5 years of another savings



.

I get your point but you do know that the system abroad is designed to favour the whites that way. We don't have such extensive credit facilities in Nigeria, so you see...

Smells like Aregbesola.

Good news

Tinubu invested for Lagos, making it a greener pastures for many Nigerians

Obi saved for Anambra making his people leaving the state for a greener pasture.


Think Lagos.
Vote Tinubu.

Sammy07:



Aregbesola performed well in Osun, there's no Osun indigenes that'll say otherwise. They were only against his Policies

There's almost no Ogun Indigenes except his loyalist that praises Dapo Abiodun.

Last there's almost no south west governor that didn't perform

Name them from Lagos, Ogun, Osun, Ekiti, Ondo and Oyo.

Unlike you, tell me how a sane person will vote Ikpeazu for 2nd term? Hope you know his also going for Senate?

Tell me how a sane person will continue to vote for the Orjis to the Senate despite being a failure in govt. And his son is also House of Rep speaker.


The Likes of Orjis or Ikpeazu cannot win 2nd term or Senate in States like Ondo or Oyo state.

Aregbesola’s deficiency in office was not only his policies.

Have you forgotten how Nigerians were making donations for Osun Civil Servants some of whom started committing suicide after they were owed over 30 months salary?

Moh247:





This man is truly an economist, that knows how financial system works

A dumb black man goes to the bank to save his resources for banks to use, while his money remains the same the bank makes intrest lending to investors

An intelligent white man, gets a sure income, goes to bank to get loan to finance a start up business, uses a loan to get a car and also gets a mortgage and a prepaid contract phone.... He pays back the loan from his profit margin within 10 years and he has access to acquire more asset, and his business earnings would have afforded him another car and another house

10 years after saving, a dumb black man, buys a Tokunbo used by the intelligent white man, he buys UK used Iphone 8 used by the white dude, and buys his first land to build after 5 years of another savings



.

It will take generations (I hope not) to undo the harm done to the minds of Africans by the western European savages....

Speak of yourself and don't speak for the rest of us. You are dumb or have been told you are dumb....Good for you.

For the rest of us who know our real history and the truth that western Europeans are primitive savages who specialise in stealing, leave us alone!

africantycoon:


It will take generations (I hope not) to undo the harm done to the minds of Africans by the western European savages....

Speak of yourself and don't speak for the rest of us. You are dumb or have been told you are dumb....Good for you.

For the rest of us who know our real history and the truth that western Europeans are primitive savages who specialise in stealing, leave us alone!

"Intelligent white man " in the context doesn't mean all white men are Intelligent

" A dumb black man" referenced in my comment doesn't mean all black men a dumb

Check your dogmas and see if you are not just misrepresenting facts due to your own bias and sentiment

Moh247:


"Intelligent white man " in the context doesn't mean all white men are Intelligent

" A dumb black man" referenced in my comment doesn't mean all black men a dumb

Check your dogmas and see if you are not just misrepresenting facts due to your own bias and sentiment

You used your post to suggest racial intelligence difference.... If that's what you believe, good for you but don't try to infect the rest of us with it....

oooabbeyooo:


Gov Peter Obi,s achievement was payment of salaries & pensions, purchase of laptop for school children, creation of government farms. He didn't do much in terms of infrastructure.

Gov Oyetola did not do much infrastructure development in Osun and he did not achieve much except payment of salaries in Osun, couldn't even clear backlog, reason he lost elections coupled with the crisis he had with former Gov Aregbesola.

Gov Soludo,s move to borrow N100b for infrastructure development is a brilliant move. Infrastructure drives the economy and I believe in 30 years time the people of Anambra will remember the Gov and thank him for his leadership prowess.

Gov Fayemi of Ekiti State borrowed so much and was able to put in place a cargo airport, first of its kind in the State, with the promise that the state will now have the opportunity to transport her agricultural produce to the country to increase the IGR. We expect government owned farms to come on board too to actualise this dream since the economic mainstay is education and agriculture.

Borrowing for infrastructural development is a great leadership prowess. This should be matched with critical and strategic prioritization. Imagine PMB borrowing N36t ($75b) in 8 years to build a new single-train refinery to refine 650,000barrel/day and produce 50m ltrs of petrol daily for Nigerians like Dangote Refinery and ramp up power generation from 3.5GW to 30GW. This will bring relief to Naira and make it stronger against the Dollar. The country will also stop importation of petrol and the government may remove subsidy to have more revenue accrual. Also there will be electricity provided for the industries by the government which will reduce and eliminate the use of diesel-powered generator for operations and inturn reduce the cost of production. Steady electricity will also reduce data cost by 65% because diesel powered electricity generation accounts for 65% of data cost. All these put together will drive the economy by reducing cost of production and inturn reduce inflation rate, increase money supply to the government and inturn reduce interest rate and reduce exchange rate.

Compare these with building railways and bridges with N36t ($75b) in 8 years. Mass interstate transport is good for the economy but the impact isn't as significant as providing a Refinery and steady electricity for an economy like ours at this stage. That is the reason PMB still maintains that his government has done more in terms of infrastructure than the past administrations. That's true because he borrowed so much!

PMB would have solved a lot of the economic problem we have if he was able to prioritize the challenges properly. He made available so much money ($75b) but didn't use it effectively and the result is debt burden. Pretty soon we may be talking about bailout at the national level as we will be battling dwindling revenue at State level (hardship) because of NNPC Ltd.

My conclusion is borrowing can amount to a brilliant idea when deployed critically and strategically!

Brilliant postulations!

Like you said, it boils down priority.

But I don’t think Fayemi borrowing to build Cargo Airport in Ekiti is such a brilliant idea. Does Ekiti need an airport, Cargo or passenger? Just like Ebonyi doesn’t need an Airport. Can Ekiti feed the airport? Do they produce enough Agricultural products for their own consumption before we talk of export?

But I agree with you that if Buhari govt had deployed the billions they are using to build rail line from Kano to Maradi into the Power Sector, maybe Grid Collapse won’t be like a girl’s monthly period now.

But trust me, Peter Obi did what Anambra needed when he was governor. He got his priorities right. That’s why Anambra people revere him.

Moh247:


"Intelligent white man " in the context doesn't mean all white men are Intelligent

" A dumb black man" referenced in my comment doesn't mean all black men a dumb

Check your dogmas and see if you are not just misrepresenting facts due to your own bias and sentiment

Why the “Colouration”??
Why involving the colours??
..
Why not “An Intelligent Man” and “A Dumb Man”??

BluntCrazeMan:
Why the “Colouration”??
..
Why not “An Intelligent Man” and “A Dumb Man”??

Because In Africa we dont have such financial system with such credit facility

franciskaine:
your question will be handy in 2yrs time and not now. Borrowing is not a crime, it is a good economic decision.

I agree with you, it is good economic decision since it is not Buhari that asks for permission to borrow money. Only Buhari makes wrong decision when it comes to borrowing based on ipob economic analysis. Where are the billionaires in Anambra when their donations are needed greatly?

Moh247:


Because In Africa we dont have such financial system with such credit facility

Does that concern being a WHITE or a BLACK??
Does the African financial system concern being white or being black.?

BluntCrazeMan:
Does that concern being a WHITE or a BLACK??

Majority of Africans are black? While Europeans that created such facilities are majorly Caucasian

Moh247:


Majority of Africans are black? While Europeans that created such facilities are majorly Caucasian

This thing you wrote here is almost contrary to what you wrote earlier...

Moh247:


"Intelligent white man " in the context doesn't mean all white men are Intelligent

" A dumb black man" referenced in my comment doesn't mean all black men a dumb

And then,, see this comment of yours too.....

Moh247:


Because In Africa we dont have such financial system with such credit facility

Thus,, if anyone that is reading your comments tried to put the three comments of yours together,, then it would mean that you're trying to say that Africans (who are mostly blacks) are dumb.
And that Europeans that have majority of caucasians are intelligent.
..
Is that it??

BluntCrazeMan:
This thing you wrote here is almost contrary to what you wrote earlier...
And then,, see this comment of yours too.....
Thus,, if anyone that is reading your comments tried to put the three comments of yours together,, then it would mean that you're trying to say that Africans (who are mostly blacks) are dumb.
And that Europeans that have majority of caucasians are intelligent.
..
Is that it??

Majority of Africans are black? While Europeans that created such facilities are majorly Caucasian

Simple summary Africans don't have such financial services..... This doesn't translate to Africans are dumb or Europeans are Intelligent


Statement 2 seem straight forward but for you better comprehension let me break it down


"Intelligent white man " in the context doesn't mean all white men are Intelligent

" A dumb black man" referenced in my comment doesn't mean all black men a dumb

As referenced in my comment Not all white men are Intelligent and not all white men use the credit system I mentioned like contract phone, mortgage and business loans but I specifically said An Intelligent white man single pronoun "An"

Penguin2:


Brilliant postulations!

Like you said, it boils down priority.

But I don’t think Fayemi borrowing to build Cargo Airport in Ekiti is such a brilliant idea. Does Ekiti need an airport, Cargo or passenger? Just like Ebonyi doesn’t need an Airport. Can Ekiti feed the airport? Do they produce enough Agricultural products for their own consumption before we talk of export?

But I agree with you that if Buhari govt had deployed the billions they are using to build rail line from Kano to Maradi into the Power Sector, maybe Grid Collapse won’t be like a girl’s monthly period now.

But trust me, Peter Obi did what Anambra needed when he was governor. He got his priorities right. That’s why Anambra people revere him.

I think the government-owned farms in Ekiti should have given rise to the airport and not the airport necessitating the farms. The airport could also serve the students of ABUAD in Ado Ekiti.

PO is a proven wealth creator just like the late President Umar Musa Y'ardua. President Y'ardua was the best State Gov during his period as he was able to run the affairs of the State government effectively and still left reasonable amount of money in the coffers of the State while leaving. Reason OBJ had to choose him as his successor to manage the country.

Like you said, PO has a great record in Anambra undoubtedly but Gov Soludo may become their best Governor with this ambitious move if he can prioritize properly. I know Prof Soludo to be a transformer since banking reforms as CBN governor. I think he is about to transform Anambra in terms of infrastructure.

Golan007:


Una don start again.

E never even manage Anambra you don dey talk Nigeria.

As i said on another thread, give it time and you guys would soon be marketing Ikpeazu.

You’re already judging him before getting started.

I pity Anambrans that have to pay for this

sreamsense:

I agree with you, it is good economic decision since it is not Buhari that asks for permission to borrow money. Only Buhari makes wrong decision when it comes to borrowing based on ipob economic analysis. Where are the billionaires in Anambra when their donations are needed greatly?

I'm not pro-ipob. So keep ur unnecessary vent. Dat aside, what have we gained from Buhari's borrowings? Is it stable electricity? Good roads, reduced fuel or price or what? What exactly is d dividend of his borrowings? For 8 good years of voting the PDP out, what have we achieved?

Before you call me PRO-DPD, let me remind you that I went house to house campaigning for Buhari in 2015.

Mind you, I'm supporting Obi because he's way better than Atiku and Tinubu combined. Since dey refused to give us Osibanjo, let me support the lesser evil. Shalọm!

I pray it is properly invested

OloYeOfEgbE:


Trash

Premium trash, nah children wey dey chop their mama food go think say loan nah better thing