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ECA Further Shrinks From $35.7 Million To $376,000 - Politics (3) - Nairaland

Nairaland Forum / Nairaland / General / Politics / ECA Further Shrinks From $35.7 Million To $376,000 (21082 Views)

Subsidy Payment, ECA Depletion: Ajuri, Misrepresenting Facts - TonyeBarcanista / Tolu Ogunlesi Explains The Shortfall In ECA / Nigeria’s GDP Growth Rate Shrinks From 1.95% To 1.5% In Q2 – NBS (2) (3) (4)

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Re: ECA Further Shrinks From $35.7 Million To $376,000 by yemmight(m): 10:16am On Jul 27, 2022
It is finished.

1 Like

Re: ECA Further Shrinks From $35.7 Million To $376,000 by GeneralShepherd(m): 10:17am On Jul 27, 2022
Freelane33:
I’m affected right now embarassed embarassed embarassed embarassed embarassed embarassed embarassed
To everyone playing on this thread or trying to make a joke out of what is happening right now
May the lord have mercy on you
This is not a joke
Some people may end dia own lives today

Besides voting what do you want us to do?
Re: ECA Further Shrinks From $35.7 Million To $376,000 by NwaMamaIwota(f): 10:17am On Jul 27, 2022
ClassicMan202:
And Buhari wants Tinubu to continue his agenda....

God forbid BAT thing
honestly at this point I feel like killing Tinubu urchins.

1 Like

Re: ECA Further Shrinks From $35.7 Million To $376,000 by Chidex50(m): 10:19am On Jul 27, 2022
apache22b:
Peter Obi will not Win
Peter Obi will Win �. 2023

2 Likes 1 Share

Re: ECA Further Shrinks From $35.7 Million To $376,000 by toprealman: 10:19am On Jul 27, 2022
apache22b:
Peter Obi will not Win
Your only nightmare! What has Obi got to do with Buhari's APC failed administration?

1 Like

Re: ECA Further Shrinks From $35.7 Million To $376,000 by Basicend: 10:19am On Jul 27, 2022
Jesus, this man called Buhari ehh. .

God will punish him and his generation for putting Nigeria in this state.

1 Like

Re: ECA Further Shrinks From $35.7 Million To $376,000 by francis5051: 10:19am On Jul 27, 2022
Itzurboi:
Seem Nigeria news ain't good for my mental health... Pesin go just dey vex unneccessarily, abi which kin thing be this..
bros this thing dey do u ? At a time my anger go just go so high to extent my face go cum change do red after reading some news about Nigeria..

1 Like

Re: ECA Further Shrinks From $35.7 Million To $376,000 by LollySeaSide: 10:20am On Jul 27, 2022
This is not well reported.
How do you call a change from $35,700,000 to $376,000 (a difference of $35,324,000) a shrink?
That's a complete wipe out! A total annihilation of that account.
It's either there is an error in the figures reported or somebody will have to come up with a good explanation.

2 Likes

Re: ECA Further Shrinks From $35.7 Million To $376,000 by DOnlooker(m): 10:21am On Jul 27, 2022
They should kuku close the account.
Imagine! a whole country's foreign account. That balance is something you can easily find in many well performing private companies in the west.

2 Likes

Re: ECA Further Shrinks From $35.7 Million To $376,000 by batb: 10:21am On Jul 27, 2022
apache22b:
Peter Obi will not Win
For your sake (not of your children's children), I hope it does!
Re: ECA Further Shrinks From $35.7 Million To $376,000 by stagger: 10:22am On Jul 27, 2022
Penguin2:
Jesus Christ!

$35million dollars depleted to a little above $300,000 in less than one month?

They’ve used sharing formula to finish Nigeria.

You see why sharing formula must be replaced with production formula as is being canvassed by Peter Obi?

If we retain the killer sharing attitude of those we elect into offices as it is today, Nigeria might be declared insolvent.

Please, you are not doing this for Peter Obi but for yourself, your children and your children’s children…

Vote Peter Obi.

If not anything, let’s try something new, please.

Some of us don’t want to japa abeg!

This account was in billions of dollars under OBJ and GEJ. Oshiomhole and co insisted that governors must share the money. It is all gone.

2 Likes

Re: ECA Further Shrinks From $35.7 Million To $376,000 by Basicend: 10:22am On Jul 27, 2022
Vadese1:


Very painful when when you think of it that this said account was even left with 2.5billions dollars when Jonathan Goodluck handover to this useless useless Nepa bill president

Obasanjo left it for Jonathan at 36 billion dollars after paying all our debts.
Re: ECA Further Shrinks From $35.7 Million To $376,000 by nedekid: 10:22am On Jul 27, 2022
Reference:
When it was borrowing time for so called glorified infrastructure many here were chanting.
Let them come and tell us now how this infrastructure has helped or will help the Nigerian economy.
Borrowings that has inflated the naira causing devastating poverty and fuelling insecurity that makes the infrastructure moribund.
Government of contractors, by contractors and for contractors.
Here we are.
Exactly.
I said it then, people were saying I don't understand economics, that borrowing to fund infrastructure drives growth. I said how will borrowing to build train eg to maradi will develop the economy? Why not cut expenses manage and the save money to use to fund infrastructure. Exactly what Obi did in anambra state?
Even if we wanted to borrow. Take the money to build petrol refineries. Afterall it is said fuel importation takes all our foreign earnings from crude exports.

2 Likes

Re: ECA Further Shrinks From $35.7 Million To $376,000 by Basicend: 10:24am On Jul 27, 2022
Bujillion:
Can this number be correct?
I have never seen this kain thing before in my life

Hmm, this is serious bro. .

I can't even imagine this too. .
Re: ECA Further Shrinks From $35.7 Million To $376,000 by CSTRR: 10:26am On Jul 27, 2022
Massive looting on an industrial scale.

The future of generations unborn.

The current generation have been finished already.

They are looting that of the generations that their parents have not even met each other.

And some people still want to vote the same type of characters because of tribe and religion.

1 Like

Re: ECA Further Shrinks From $35.7 Million To $376,000 by Eagba(m): 10:27am On Jul 27, 2022
DOnlooker:
They should kuku close the account.
Imagine! a whole country's foreign account. That balance is something you can easily find in many well performing private companies in the west.
Private companies? Abi private individuals.
Re: ECA Further Shrinks From $35.7 Million To $376,000 by Kc3000: 10:28am On Jul 27, 2022
By next week the account will be in the negative for sure.

Who knows if Bubu has mortgaged Aso rock to the Chinese already. He likes to surprise us like that.

When Buhari said Abacha did not steal he was implying that Abacha was still a learner, but you know Nigerians are gullible and didn't code.
Re: ECA Further Shrinks From $35.7 Million To $376,000 by Itzurboi(m): 10:28am On Jul 27, 2022
francis5051:
bros this thing dey do u ? At a time my anger go just go so high to extent my face go cum change do red after reading some news about Nigeria..
My brother, nah everywhere.. 9ja dey after people's lives.
Re: ECA Further Shrinks From $35.7 Million To $376,000 by Badowski: 10:29am On Jul 27, 2022
it is not election we need but a revolution, youths lets revolution starts

1 Like

Re: ECA Further Shrinks From $35.7 Million To $376,000 by Tundex911: 10:29am On Jul 27, 2022
Thank you bubu

Next person please make una sha dey run us local every four four Years

Smh
Re: ECA Further Shrinks From $35.7 Million To $376,000 by DeOTR: 10:29am On Jul 27, 2022
Bujillion:
Can this number be correct?
I have never seen this kain thing before in my life
grin grin cheesy
Re: ECA Further Shrinks From $35.7 Million To $376,000 by LollySeaSide: 10:31am On Jul 27, 2022
GamalNasser:
Buharis family must be tried and sent to jail for what their father has done even if it takes Nigeria 20 years
Buhari that is shocked at this news or which Buhari?
The man will read the news in the papers just like you and I.

1 Like

Re: ECA Further Shrinks From $35.7 Million To $376,000 by PARADIZEPRIEST: 10:34am On Jul 27, 2022
UNA GO VOMIT ALL THESE OUR OIL MONEY WEY UNA DEY MISMANAGE INTO UNA ACCS BY GOD ALMIGHTY IFHSA. undecided
FORMER JUSTICE PIKIN CARRY HOW MANY BILLION INSIDE BREIFCASE,AISHA AND HER KIDS DEY DO SAME THINGS. angry
Re: ECA Further Shrinks From $35.7 Million To $376,000 by F4ku: 10:35am On Jul 27, 2022
Madeu:
Difference between Yoruba man economic acumen and a Fulani economic acumen.
Obasanjo started ECA and grew it to robust amount for future generations to have something to rely on.
But a typical Muslim and a Fulani don't care about the future.
We are doomed.
We need another Yoruba economic understanding to come in 2023



What do you expect from a tribe with the miambiala mentality that's imbeded in their DNA?

1 Like

Re: ECA Further Shrinks From $35.7 Million To $376,000 by Penguin2: 10:35am On Jul 27, 2022
stagger:


This account was in billions of dollars under OBJ and GEJ. Oshiomhole and co insisted that governors must share the money. It is all gone.

Even Amaechi was their leader then.

I remember Oshiomole calling Ngozi Okonjo-Iweala all sorts of names because she blocked the loan he wanted to obtain.

Madam Ngozi was trying to protect Nigeria from getting to where it is today but they fought her and APC rodents supported them.

2 Likes

Re: ECA Further Shrinks From $35.7 Million To $376,000 by Hydroxide(m): 10:36am On Jul 27, 2022
apache22b:
Peter Obi will not Win
na that one be ur problem? Akuya

1 Like

Re: ECA Further Shrinks From $35.7 Million To $376,000 by Qdigo: 10:36am On Jul 27, 2022
This country is stinking really fast.

Re: ECA Further Shrinks From $35.7 Million To $376,000 by Lastbornbuns: 10:40am On Jul 27, 2022
Omo! Speechless
Re: ECA Further Shrinks From $35.7 Million To $376,000 by thesolutions(m): 10:41am On Jul 27, 2022
Re: ECA Further Shrinks From $35.7 Million To $376,000 by Nnemuka(f): 10:43am On Jul 27, 2022
thesolutions:


Since NNPC has been sold, are we to talk about excess crude account again. The excess now belongs to the owners of the company.
Sold to who? it was commercialized not privatised

2 Likes

Re: ECA Further Shrinks From $35.7 Million To $376,000 by Splitmind: 10:43am On Jul 27, 2022
Who cares? undecided
Re: ECA Further Shrinks From $35.7 Million To $376,000 by sayso: 10:45am On Jul 27, 2022
So now this is news? Is that one money? Senseless looter's. Lie Mohammed over to you.

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