₦airaland Forum

Obiagelli:
Uncle have you accepted you error/lies
1. Buhari paid $ 50 million in a few weeks
2. Buhari had something to do with the refinery
3. IBB and Sap was responsible for increase in debt
not Buhari.
Uncle accept, lets move on to your next thread.

Obiagelli:
Did datolee counter any of the points i raised?

Firefire:
I understand that today is a bad market day for our friends from the covens of APC, but that should not make them just abandons their

beloved General-MB at this critical image denting time.

Obiagelli:
I will take this as guilt. You are right about truth and lies. Goodnite

neenar:
The links he compiled were gathered by the author of the original article which wasn't credited! Get it? Your little hero failed to credit him.

datolee:
You know, they won't tell us his "achievements" in education, employment, transportation, health e.t.c because they were retrogressive in his regime!

Sir, I leave you with this timeless piece "Buhari has no legacy as a former Head of State despite ruling the country with an iron-fist"

Obiagelli:
I see you are now running from pillar to post

Nobody claimed nigeria's debt was $ 50 million

Obiagelli:
Can someone remind us how many jobs have been lost in the banking sector since 2000?

While you are at it, go and read Christopher Kolade report on the civil service and take a look at your recurrent budget.

Firefire:
A - Over 150,000

Obiagelli:
Datolee prove to me that $18 billion debt for 1985 had nothing to do with IBB and SAP.

Obiagelli:
Conclusion
Buhari neither cleared Nigeria’s debt nor initiated any
refinery in Nigeria.

Obiagelli:
Stop acting smart, your lies have been busted.

In your exact words

Conclusion
Buhari neither cleared Nigeria’s debt nor initiated any
refinery in Nigeria.


Seun front page o. Fairness

datolee:
I really do not understand what you are trying to achieve here.. Barcanista who posted that video saw the flaw in it and refused to use it any further. I know you have made up your mind about Buhari, but please tell Nigerians the truth.

From the video you posted, $50 million was for payment of rescheduled interest... please, since when did payment of interest turn to payment of loan itself? what is $50 million to $15 billion Nigeria was owing at that time?

I had wanted to go into the fall out with IMF, but I will leave it for another time.. Just to give you some review about the IMF loan, SAP and payment of $50 million by Buhari.

You must know that in early 1980's the price of oil failed so low that Nigeria's economy was troubled, Shagari administration had to borrow to finance a lot of project, it get to a point, Nigeria couldn't service those loans, yes they wanted to borrow more money. IMF came up with a plan... "do this if you want more money or you forget about it" This condition was first rejected by Shagari.

When Buhari took over, he was presented with this same problem, so what he did was to use $50million to service the loan, to give the western financiers the impression that Nigeria can manage those, IMF still wasn't convinced and insisted on their conditions. Please skip the video to 2:44 - 2:56 I quote " The main worry for western financiers now is Nigeria's $15 billion worth of external debt, so today's prompt payment of $50 million dollars in rescheduled interest has pleased the city and helped the new regime economic prospect".

Since He cannot borrow from IMF, Buhari turned to the government of Saudi Arabia to borrow $1.8 billion, this loan was blocked by the USA just as they blocked arm purchase by GEJ.

Not knowing what to do, he did turn to Paris club to borrow some money, of course, he had to make some noise that we can service our loans... he ended up spending more money than any other government, servicing loan.

Now three things I must say here,

1. servicing loan is not the same thing as repayment of loans

2. Buhari did not make Nigeria a debt free country

3. By the end of 20 months regime, Nigeria's debt had increased from $15 billion to just under $18 billion

Obiagelli:
Off topic, name one country that did wil with SAP

juman:
SAP from IMF was not a bad program but the useless military general IBB was totally insincere in implementing the program.

May God punish IBB for destroying our great country.

ugomira:
Yes...the brains behind the coup was Gen. Bako who was killed by shagari's presidential guard, if he had survived Gen. Bako would have become Head of State. For your info a plane was even sent to fetch GMB frm Jos(swallow that).

brownlord:
really? you mean those that plotted the coup, endangered their life them no sabi to be called CIC or forbid Head of State them come wake buhari for sleep make em come chop food when em no join blo fire abi?

ugomira:
So WAI, curbing of excessive importation, BUHARISM(guess you have never heard of that), rejecting IMF loan meant to devalue the naira, reducing inflation, curtailing oil theft, using counter trade policy, exporting above OPEC quota and many others in less than two years are not credible.
What did ur beloved GEJ accomplish in his first two yrs

larryUG:
Barcanista, do u really think u r more informed dan all of us here? salvaged which economy? Buhari may have wntd to salvage it, buh the truth is dt d he left the eonomy worse dan he met it, unemployment rose higher than buhari met it, recession of the economy rised. It is on Record that buhari clamped down on critics and journalists(of course u wont tell n/landers dt it was buhari dt arrested fela for speaking out). have u forgotten dt Buhari appointed Raffindadi(a civilian) to head the NSO ( national security Organisation) which he used to crack down on pple. the only thing dt buhari achieved was just to instill discipline (WAI), apart from dt, he didnt achieve his other aims. so barcanista we r not fools, i for 1 am not a fool. fgt about all these figures u r posting here tryn to confuse urself. it is either u r Lying or u r Uninformed/ignorant and as such u knw nfn bout fiscal policies and economics

datolee:
EldaTimba , Ngwakwe , Descartes, Apcontherun, firefire, Brownlord , Sunnybobo3, biafranqueen, truckpusher, theassassin, jujuboy, jesusiscoming , onionsoup, sweetgala, warripiken, Nigerianvenom, chukwudi44, priscaoge, tonte, xcolanto, millionboi, hairyanus, publisher, atlwireles, jamace, kalmax2,noblezone, tomakint, Idumuose , PhockPhockMan

berem:
go and drink the blood of the members of your family first.

Nkita ara!

berem:
gerrout joor! Blood sucking vampire like you.

tbaba1234:
There will be no life in Nigeria if we do not take this seriously NOW!! This is and should be the top priority of Government.

berem:
you're so wicked and heartless! God!!!
When I say these saTANists are boko haram sympathizers,you gotta believe me. Just look at the nonsense this heartless animal is saying?

tbaba1234:
I saw this but what is the authenticity of that story? The fact remains that the territory is not under Nigerian government control as it stands and that is as serious as it gets even if this story is true.

There are still many Nigerians living there.

kskpoundz:
& dis were u need to correct ur brain before ur children even ur grandchildren will start suffering from thesame brain malfunction

tbaba1234:
Really?? No one is asking Nigeria to standstill, we need decisive actions. Boko Haram controls territory in the Nigeria State bigger than many African countries.

If the police can handle it, they should be sent in then. This is a serious, serious situation and has to be treated as such.

jtchukwu:
The nigeria mobile police entered Mubi, armed with tear gas sent the terrorist scampering for safety. A MOPOL friend called us from Mubi informing us of this development. Meanwhile our students and residents trapped in Cameroon returned yersterday after the govt sent buses escorted by this MOPOLs to bring them back. The entry of this MOPOLs into Mubi is seen as a slap to the military, the views of people now in town is that MOPOL should now take over the operation of chasing away this terrorist.