₦airaland Forum

SmartyPants:
Lol. You have tried but ultimately still going round in circles because nonsense is very difficult to defend.

You don't even know whether you are arguing that he did not draw down the debt or that the debt was low/zero interest so it doesn't matter in the first instance.

Furthermore, you don't know whether your claim is that the debt was low interest or no interest. Which exactly?


That low/zero cost loans can be invested in bonds. And so? Did Peter invest the one he took in bonds? He said he didn't use it at all.

So come back when you know which angle of defense you want to adopt specifically so we can then engage on particular facts.

You ended up typing nothing, like you said, I tried but it was quite beyond your comprehension. since you ended up saying nothing. I actually don't have time to respond to "nothing"

DonWinaman:
You mean Biafra? Because Nigeria doesn't need another liar and repackaged old thieves because its already suffering from one.

It is only a thief that can call one a thief.

Shikena:
No we don't need him, he did nothing special in Anambra as reaffirmed by the current government in the state.

Fidelity Bank needs him, not Nigeria.

But the person in Aso rock did nothing special in Lagos state too, isn't it you being a hypocrite ?

Parachoko:
So th N500k you collect nko?

That's what should be attributed

This is where Soludo and his boys should be seen

And yakubu got rewarded after all
This country is wired to be governed by a sensible person

BioData45:
He should have made exception to his initial statement that he didn't collect any loan. People will fact check nah, abeg think before you say these things.

he did not actually do that . else tell me how health, disaster and education intervention funds that for other zones are being funded by the Federal government would be left for the state.
Same way other roads were built in other region and that of the Naija bridge will be tolled

The man that this country needs

SmartyPants:
Let's assume this is even true. So this guy took a loan that will accrue interest but did not use it. So what was the point of burdening the state with those interest payments?

At best, he has unwittingly admitted to being a thoroughly incompetent administrator.

He did not take the loan, there is a big difference between loan approval and taking the actual money.
You can apply for a loan now and it gets approved, your lender will only debit you when you draw the money and even if it's true, such loans are low or zero interest loan, you can invest the money in government bond that will generate interest that will pay up the with more than enough left to you to become extremely rich and why do you think that all the countries in this world borrow money,
Love him or hate him, he is an intelligent businessman.

if his successors were as intelligent as him, Anambra state would have been the better off today.

Under him, Anambra became an oil producing state.
He was able to get approval for those low interest loan. If we really want this country to move forward, we should learn to see good in others, it will not make you less of a man

BATified2023:
who borrowed the money?

Who signed out the money?

What's d bank business with who u hand it over too?

U took the money n that's all

Y are u people suddenly acting dumb just to defend obi, guy u can do better than this.

Once u borrow money from someone it's already a loan, nobody cares what u do with the money

The reality is that u borrowed money

So, if your bank sends you alert that you have been approved to borrow up to N10m as they usually do, does that mean that you are owing the N10m if you decided to borrow N100k out it?

tomorrow you will say that education is scam

AndroBlaze:
That is not the point of contention, the man said and still says he "did not borrow".

Also after finally admitting that he did contract "loans", he now says he did not fully draw down and left enough money in the bank to pay those loans back.

Don't add more pepper by claiming the money was only released to his successors, which is not true and to be fair, he has not claimed that (at least yet).

Go and read the full statement of your Saint and the only man who knows what the meaning of "loans" and "debts" are.

If father cannot pay for his child's tuition fee and the father enrolled the child to the federal government loan scheme, after graduation and the child start working, who will pay the loan?

Parachoko:
According to the Fraud, Just because you have not spent from the loan in your account, then it's not a loan and Palmpay dont have the right to ask for it when it's time for you to start paying

It takes a fraud to know a fraud.

in case you are not intellectual inept, that your bank approves a loan of N1.5m for you and you only take N500k, does not amount that you are owing N1.5m

Only time will tell, by me

APC should look for intelligent people to create post for them on NL, all these topics from Edo state governor's boys here are laughable.
What they were trying to do is different from what they did and besides, his comments there was full of wisdom, give me an interest free loan of which he intended to invest to generate more than double in short while and pay back the loan.

That's how a good businessman thinks but hates will blind the haters.
A man that left over $150M worth of savings and investments, $30m debt of which $18M was inherited , no matter what, haters will still hate.

With his non existence online projects
Propaganda governor

Wickedfacts:
The SC rules that while Section 84(2) prescribes direct primaries or consensus as the methods for nominating candidates, the apex court has ruled that it does not invalidate the provision on party register and the 21 day rule.

This will affect majority of the candidates under the banner of National Rainbow coalition led by Minister Nyesom Wike would not be able to contest the 2027 elections because of the new landmark supreme court judgement.

Maybe you need someone to translate it into your local Igbo dialect before you can understand.

You had to bring tribalism into it. You can take a child out of ghetto but you can't take ghetto away from the child

IkeOnyia:
Nothing like even if he collected the loan, it is certain that he did. It is a shame that Charles Aniagolu didn't behave like a journalist during the interview to press him about the last minute award of contracts which ballooned the debts to nearly 200 billion naira as revealed by Senator Victor Umeh during a televised press conference.

It is difficult to wake someone that pretends to be alseep. The debt was federal government intervention fund of which will be deducted from the state allocation over a period of time. If federal government had enough money then, it would have been paid off through the state allocation then. It is just like a student that benefitted from student loan because the Dad cannot afford his tuition fee, now I ask you, who will pay for the loan? the child when he graduated but whose duty to pay the child's tuition fees? the Parent but since the parent did not have the money to pay then, the debt has to be passed to the child. That's exactly how it is.


You can research on the contract debts that ngige left for Peter Obi, Mbadinuju did not do any road, the only thing he did was Bakasi boys, Ngige awarded a lot of road contracts of which peter Obi sorted out and awarded others that had not been completed before he left, Just as Goodluck terminated the dredging of river niger contract awarded by Yaradua, Obiano could have terminated them if there were illegally awarded or beyond his government capability,

There are other crimes of Peter Obi you can talk about but saying that he awarded contracts that Obiano had to oversee is too childish and very irrational.

Goodvibes007:
Why does obi lie so much though.

"Let me categorically say again, I, Mr. Peter Obi, didn’t approach any financial institutions to borrow money.” - Peter Obi"

👇

That is intervention fund and it contradicts what is in the records, meaning that this news is fake

Even if he has collected the loan, the amount left in the office should have generated enough interest to pay up the loan with change left

I thought he was immune to hardship, Talking from both sides of mouth.

Obi is the man even those tribalists need to in this country. you keep doing the same thing over and over expecting a different result.

frankson1:
Bring down exchange rate and crude oil price oga, just enter bush start to farm

Take care of the insecurity and I will gladly do that, That's not a problem. I don't have to till the land myself.

what is this, who pushed an empty topic to the front page?

ibabz:
I agree with you 100%. I have said this repeatedly: the massive increase in fuel prices is not solely a consequence of subsidy removal; the sharp depreciation and floating of the naira have played a major role.

If the dollar had remained around ₦500, I find it difficult to see how petrol would be selling for anything close to today’s price, certainly not the current levels.

But here is the irony: Tinubu would apparently rather risk losing the election than allow the naira to strengthen significantly, because the weak naira creates the illusion that state allocations have increased dramatically in nominal naira terms. That is the narrative being sold to the state governors.

We produce crude , when the price of crude falls, the government complains and when the price increases, they still complain. either ways, we end up coming out worse.
Bad leaders is our problem

Sleekfingers:
If we don't solve the problems from the root . We will just keep going in circle....... corruption is embedded in most Nigerians , but do you expect them to do , when they get to the position of leadership, change to saints overnight? Are those our leaders from Jupiter?

You can't plant Banana and expect plantain

Human beings by default are like that hence we have law and order, the blame should go to those that are charged with responsibility of maintaining law and order.
Everybody is not the same, maybe, the bad ones are many, hence the bad leaders but it is left for you to ask yourself which side you belong.
For me, I take responsibility for what is entrusted to me and another person should.

APC trying by all means to change the narrative

Sleekfingers:
Always blaming the head ....where did those leaders come from ? Is it not from this rotten society?

They are our children, uncles , aunties, mothers, fathers , brothers and sisters.

You can't expect to sow mango and reap orange .

Our leaders are the reflection of who we are as a people

An average Nigerian is greedy , want to reap you off , but are quick to blame the government for their wicked and foolish acts .

With most Nigerians attitudes, Nigeria can never be okay..

Charity begins at home .

It does not work like that, there are some bad eggs in every society, that's why we have the government to protect the good ones. We can only blame the people on their own responsibility to vote right.

Tell me, who is paying that organization that it's duty is to checkmate those filling stations? still the government.

If societies work like, then there will be no need for leaders, everybody will be on his or her own.

Please who should not encourage complacent for those agencies, we should always call a spade a spade.

Dickson is right, they can have leaders among themselves but cannot parade themselves as a political party or compete with the political party.

They should work as a support group

That one is not in the APC constitution

Diaspora ni, diarrhea ko, If indeed the hope has been renewed, they'd be the ones rushing.
They can see the renewed hopelessness from afar

There are many ways to do that without going back to the old order, atleast bring down the exchange rate and the price of the crude will come down in naira. if country is moved from consumption to production, there will be more to export, prices will crash. I am ready to go into farming if the insecurity is curbed.