Has anybody ever really asked how much Nigeria make in a day ?

$60 * 90,000 barrels a day is = $ 5,400,000

Use goggle convert am

oliverwrites:
Tinubu is a known criminal but even though it is weird, it looks like he will do well for this country. He will definitely steal but he will do well from all indication.

Yes, naira is now 1400 to a dollar but that will be a lame way of analysing things. More than 75% of his steps so far has been good steps unlike Buhari.

I pray he succeeds as my success as a Nigerian is much more and better when the country succeeds.

What are the 75% steps please list them?

Funny people,

APCNig:
Stop glorifying idiots and nincompoops with replies which they can't understand because of their level of literacy

you are the one that should stop glorifying idiots.what he explained now is just an easy way of stealing our common wealth.this is a shady deal without transparency

JohnieWalker12:
Has anybody ever really asked how much Nigeria make in a day ?

$60 * 90,000 barrels a day is = $ 5,400,000

Use goggle convert am

my brother this 90,000 barrels is just for this special transactions not what they really sell per day.bastard money

This Dada dude ought to be sacked.
His reply is watery and made no sense whatsoever. He failed to attend to the issues raised by Atiku but was just rambling aimlessly.
Let me repeat the questions raised by Atiku again.
1. Has the Federal Government accessed the loan?
2. Is the loan in the government’s borrowing plan as approved by the National Assembly?
3. Who are the parties to the loan, and what specific roles are they expected to play?
4. What are the conditions to the loan, including tenor, repayment terms, the collateral, and the interest rate?
5. And, lastly, why register an SPV in the Bahamas knowing the recent scandal of the country’s notoriety for warehousing unclean assets?

These are the issues raised. He failed woefully to attempt any of them!

Couldn't he had said all this without the subtle insult?

Why we think it's always ok to insult people who disagree with us or who dare ask questions about our actions baffles me. Is it a Nigeria thing?

Even with the detail explanation above. My Igbo brother is your brain working at all or it is completely dead out of self induced bigotry hate n irredeemable tribalism.

AllTheWayUp:
Tinubulation
Government of criminals

Exactly let the Pandora Criminal Peter Obi return some of the dollars he loated into his daughter Gabrielle's Pandora account make Nigeria breath.

Mordecai:


Normally, this deal can be consummated through investment banks. Infact, firms like FMDQ can handle these kind of deals.

But this SPV was incorporated in the Bahamas for one reason, to hide the investors in the SPV.

Why would these investors want to be hidden? Because they are Nigerians.

It is thus clear that this is an attempt by BAT to get many of his thieving colleagues to bring out the dollars hidden in their vaults and in overseas accounts and put it back into the economy.

Frankly, I think it's a great idea. However, the fundamentals in governance still haven't been fixed.
These same thieves are still stealing unabashedly, and can still steal, go to the forex market (which should be trying to recover) and buy up any available forex at any rate (it's stolen money, rates don't matter to them) thereby crowding out thise that really need the forex.

Until those fundamentals are fixed, the market would have no chance of recovering.

Which is why I don't believe in BAT. He is all about the politics, and when the choice comes down to good politics or good governance, he always goes for politics. Patriotism is just a buzzword for them. They don't have an iota of it.

Mordecai:


Normally, this deal can be consummated through investment banks. Infact, firms like FMDQ can handle these kind of deals.

But this SPV was incorporated in the Bahamas for one reason, to hide the investors in the SPV.

Why would these investors want to be hidden? Because they are Nigerians.

It is thus clear that this is an attempt by BAT to get many of his thieving colleagues to bring out the dollars hidden in their vaults and in overseas accounts and put it back into the economy.

Frankly, I think it's a great idea. However, the fundamentals in governance still haven't been fixed.
These same thieves are still stealing unabashedly, and can still steal, go to the forex market (which should be trying to recover) and buy up any available forex at any rate (it's stolen money, rates don't matter to them) thereby crowding out thise that really need the forex.

Until those fundamentals are fixed, the market would have no chance of recovering.

Which is why I don't believe in BAT. He is all about the politics, and when the choice comes down to good politics or good governance, he always goes for politics. Patriotism is just a buzzword for them. They don't have an iota of it.

It is Nigeria the borrower that opened an SPV in Bahamas not the lender

PortHarcourtcit:
One TINUBU is better than one million Atiku...

It doesn't look like that right now

Bhella5:
Somebody should further explain this complex economics to that 3rd class container economy trader

It is you who is calling it complex economics though
You shouldn't be ashamed to own up to your mental inadequacies

SalamRushdie:
These clowns can keep deceiving themselves but super smart folks like me already know what's up... Corrupt Nigerian politicians have started borrowing the country looted funds in exchange for unholy profit, if you are smart you will know what politician is fronting that ,3.3bn dollars

What politician is it?

its irritating they way he speaks with confidence in stupidity... using oil to collect loans yet we cannot reduce cost of governance... fools

ephraimlongkat:
1. Has the Federal Government accessed the loan?
2. Is the loan in the government’s borrowing plan as approved by the National Assembly?
3. Who are the parties to the loan, and what specific roles are they expected to play?
4. What are the conditions to the loan, including tenor, repayment terms, the collateral, and the interest rate?
5. And, lastly, why register an SPV in the Bahamas knowing the recent scandal of the country’s notoriety for warehousing unclean assets?

-AA

These are the questions Atiku asked, did this guy answer them?

Leave am na, e dey run 👄 nitori pe na dem dey helm of affairs now

ephraimlongkat:
1. Has the Federal Government accessed the loan?
2. Is the loan in the government’s borrowing plan as approved by the National Assembly?
3. Who are the parties to the loan, and what specific roles are they expected to play?
4. What are the conditions to the loan, including tenor, repayment terms, the collateral, and the interest rate?
5. And, lastly, why register an SPV in the Bahamas knowing the recent scandal of the country’s notoriety for warehousing unclean assets?

-AA

These are the questions Atiku asked, did this guy answer them?

The guy did not answer any of these questions. There's corruption smelling all over that deal. This is something the EFCC should investigate if they're truly sincere. This FG deal is also the type of arrangement we saw in Tinubu's certificate saga. The more you look, the less you see.

AllTheWayUp:
Tinubulation
Government of criminals

Really

Do you read the article at all? Pls read it will help you to stop sounding like a broken record wobbling and mumbling rhetorically in zigzag manner.

READ!!!

All this long English. It is simply a futures contract where a buyer pays today for goods to be received tomorrow, and from the elaborate explanation I'm sure we're holding the short end of the stick.

kcprince:
Thank to atiku's inquiry we have been offered better explanation .

This explanation had been out there for the public since November.

Agboriotejoye:

It doesn't look like that right now

it will always be

APCNig:
Stop glorifying idiots and nincompoops with replies which they can't understand because of their level of literacy

they have too. A mass number of nincompoops easily fall for propaganda and they have same 1 votes like everyone else that have the capacity to use their brain.

Explanation is always needed Everytime.

Mordecai:


Normally, this deal can be consummated through investment banks. Infact, firms like FMDQ can handle these kind of deals.

But this SPV was incorporated in the Bahamas for one reason, to hide the investors in the SPV.

Why would these investors want to be hidden? Because they are Nigerians.

It is thus clear that this is an attempt by BAT to get many of his thieving colleagues to bring out the dollars hidden in their vaults and in overseas accounts and put it back into the economy.

Frankly, I think it's a great idea. However, the fundamentals in governance still haven't been fixed.
These same thieves are still stealing unabashedly, and can still steal, go to the forex market (which should be trying to recover) and buy up any available forex at any rate (it's stolen money, rates don't matter to them) thereby crowding out thise that really need the forex.

Until those fundamentals are fixed, the market would have no chance of recovering.

Which is why I don't believe in BAT. He is all about the politics, and when the choice comes down to good politics or good governance, he always goes for politics. Patriotism is just a buzzword for them. They don't have an iota of it.

You are so on point. FMDQ can broker this deal with multinational investment banks like JP Morgan. Na simple derivatives. Everything is politics to Jagaban.

oliverwrites:
Tinubu is a known criminal but even though it is weird, it looks like he will do well for this country. He will definitely steal but he will do well from all indication.

Yes, naira is now 1400 to a dollar but that will be a lame way of analysing things. More than 75% of his steps so far has been good steps unlike Buhari.

I pray he succeeds as my success as a Nigerian is much more and better when the country succeeds.

Every well meaning Nigerian citizen should be praying for the success of this administration.

Can this guy also explain to Nigerians why $1 = #1400.

Because his principal met it at $1 = #650.

And can he please tell us when the exchange rate will come down to $1 = #300 in the short run and $1 = #200 in the long run as promised by his principal.

That guy, DO, was one of the dumbest and dullest in his Lautech days. So he is actually the idiot and nincompoo, his senility can only be matched by subhumans like you. APC, where the worst of us gathered

APCNig:
Stop glorifying idiots and nincompoops with replies which they can't understand because of their level of literacy

Na the Gazelle gara gara be this?

oliverwrites:
Tinubu is a known criminal but even though it is weird, it looks like he will do well for this country. He will definitely steal but he will do well from all indication.

Yes, naira is now 1400 to a dollar but that will be a lame way of analysing things. More than 75% of his steps so far has been good steps unlike Buhari.

I pray he succeeds as my success as a Nigerian is much more and better when the country succeeds.

People like you is what makes Nigeria to be where we were today. How would someone in his right sense claimed that 75% of steps taken by this supreme ruler has been good step, is the subsidy removal or exchange floating benefited the masses and good for us. Contrary to your assertion the president himself said he knows Nigerians are in pain. The inflation level can be described as hyper one. By the time people like you started selling your family members to eat, then you will realize that they are very bad steps. To government spoke person, saying that the excess will be refund is an overstatement, and this can only happen in a situation where leaders are accountable to people not in Nigeria of today. The man also made untrue assertion that our financial expert have conducted an analysis on it, I completely disagree with this, only NNPC MD just came to air one day and announced that they have borrow more than 3 billion dollars, to strengthen the naira, who approved it, who negotiated the term, when was the money released and the impact of that borrowing is not felt on naira and our economy. People like this MD has make Nigeria rulers a set of criminal enterprise and syndicate. But as I always say God will deliver this country from the hands of this wicked set of people.

ephraimlongkat:
1. Has the Federal Government accessed the loan?
2. Is the loan in the government’s borrowing plan as approved by the National Assembly?
3. Who are the parties to the loan, and what specific roles are they expected to play?
4. What are the conditions to the loan, including tenor, repayment terms, the collateral, and the interest rate?
5. And, lastly, why register an SPV in the Bahamas knowing the recent scandal of the country’s notoriety for warehousing unclean assets?

-AA

These are the questions Atiku asked, did this guy answer them?

surely capital NO, he was just blabbing like a glorified hunting dog 🐕

Tinubu and his Lagos boys are the SPV (that is why Sanwo was out there partying with his girlfriend recently, mixing business with pleasure)

They are the ones taking Nigerian crude at a discount in return for much needed dollars (which they stole from Nigeria's treasury initially and are still gonna steal it a second time around by spending all on themselves via fraud budget). They cannot take this kinda deal to Europe or America because it's illegal over there in those countries. God is really punishing Nigeria, because most Nigerians are greedy, evil, lazy creaures. So, maximum punishment.

If we had known democracy would be like this we would have begged the military not to leave!

The kind of stories and defence these ppl churn up whenever some of these issues come up is just embarassingThe kind of stories and defence these ppl churn up whenever some of these issues come up is just embarassing...

APCNig:
Stop glorifying idiots and nincompoops with replies which they can't understand because of their level of literacy

look at this retardded urchin criticizing people about illiteracy
Illiterate wey dey collect 8k to defend apshit, braindead bozo

This guy is wicked o! No respect for elders. See finishing.😂😭