₦airaland Forum

masterchi:
two in Lagos that is already congested while one for the entire south south and south east that is in dire need of ports.

This just goes to show how useless the leaders in the SS are...

CodeTemplar:
Now that the pre-2015 loans are in existence what does Buhari and APC intend to do about it? Are we going to suffer for the whole 8 years because PDP and GEJ messed up?
That's why I don't like rating govt performance based on another govt or admib but by what is available. It gives political biased folks something to hold on to. The fact that GEJ had more to work with doesn't mean what PMB has is too little. Let them work wholeheartedly and stop using events ( mostly corruption ) they have no moral rights to reverse as excuse. If with the hige leakages GEJ allowed in subsidy are blocked and alternative energy sources like gas turbines have been touched even averagely by the current admin, by now our subsidy figure and wasted forex on petrol and diesel imports will be modest.

Look at herdsmen issue and all the stupid proposition we keep seeing, Is PDP also to blame for that also? As long as the govt keep taking side on pressing and critical issues like farmers herdsmen clashes no one will take them seriously. At the end of the day all these issues influences our debt profile but it seems the govt of APC/Buhari is only interested in going the same direction we have maintained since 1970.

You're talking about herdsmen and all, and I'm here wondering what that has to really do with the discussion on loans and the nation's debt level. Hopefully this discussion hasn't drifted into general govt bashing.

Back to the topic, the point I tried to make earlier was that the loans are a necessary evil which Nigeria cannot do without for now. For a country like Nigeria where the govt has very little income compared to the current infrastructure deficit, taking loans to finance capital expenditure is inevitable. If not for those loans, Nigeria would still be neck deep in recession which would have been far worse by now. The loans or the debt isn't the problem, stop viewing it as if it were a problem; a government borrowing or not borrowing is not a yardstick to measure performance... The real problem we should be concerned with is, are the loans being used for sustainable capital projects? That is what we should be focused on and talking about, not anything else.

CodeTemplar:
And what has Buhari and APC done differently from PDP they like to demonize every 10 days? What exactly?

They are borrowing and claiming infrastructure will spur the economy but is our increase in borrowing commensurate with the infrastructural increase we are seeing.
At the base of these mismanagement and lies is our booty mentality towards oil earning. We keep seeing oil money as something to be shared and used to develop strange places and it has brought us far more problems than any mushroom development we have been able to record in the past 50 years. Most project these monies were partly spent on were also conceived and commended before 2015 and I see no reason for the before 2015 part.

The borrowing is much and the debt is piling, but please don't try to compare the current borrowing to the borrowing of the past; there is no basis for comparison here. It is very logical and expected for a person to borrow in times of dwindling income/recession. Our greatest concerns should be whether the funds being borrowed are deployed to verifiable projects.

Nobody seems to question the anomaly that almost half of the current debt figure was borrowed between 2010 and 2015, at a time when the nation's income was at its peak (most people are actually ignorant of this fact and are being made to believe the entire debt appeared today). You really can't compare pre-2015 borrowing when income was high to post-2015 when national income dropped by more than 60%.

The 2 most important things we should be worried about and questions we should be asking are:
(1) Why was so much borrowed between 2010 and 2015 when income was high?
(2) The funds borrowed today, are they being channeled to sensible projects?

Od1n:
This government promised to offset these debts with their $1 = N1. Then they go and escalate the free fall themselves. There is no excuse.

Firsty, what has $1 = N1 got to do with national debt?... It seems some people just come online to speak off-point because they see others talking. And by the way, nobody ever made any $1 = N1 promise, the statement was never made anywhere by anybody, it was just another one of the typical election lies which went too far. But if you choose to dwell on that, feel free.

GOFRONT:
And yet, We are the 8th hungry people in the world....

I wonder oh.. after all, N400biĺlion should be able to fund 100% of Nigeria's budget and solve all of Nigeria's problems instantly.

MxreR:
24T in just 4yrs with nothing to show

More than half of that was borriwed b4 2015. The world did not start rotating in 2015.

I'm guessing a bullet should have been put in the head of each one of them. That would have been a more accepted outcome for many people. But unfortunately, that wouldnt be possible, they should never have been taken prisoners in the first place.

JasonScoolari:
I don’t owe any girl orgasm, once i cum i cum. We both started the same time.
I’ll leave the dick for you sha, if you like ride it, bend on it, jump on it, it’s your problem, hustle for your orgasm.

I can't come and kill myself because I want to go 2hrs on top of a pussy.

globemoney:
Is there any popular Igbo on twitter that’s as tribalistic as this Ogundamisi, I’ll like to know. A popular Igbo user on twitter that bashed Yorubas the way this old fool does to Igbo

I read through the tweet in the Op, but I couldn't find a single thing in that tweet that suggests that the person bashed any tribe; there wasnt even a single mention of tribe in that tweet.. How exactly did you see tribe there?

Cc: Dreambeat

Funny how politics works. PDP senators would back anybody who they think is against the apc leadership.

dollarsplenty:
How did he arrive at that? Where I live, the jobs of the cooks are being done by politicians and their families. They give these pupil only rice and beans everyday. These are parts of cows, eggs and other statistics being ditched out by VP. The home grown school feeding program is good program but poorly and corruptly managed.

Lol

Wrong thread alert!

kingjudecy:
Amokiri and his co-travellers are all spent scums.
His ridiculous mentality has blinded his sense of reasoning long after he lost out in this administration.
Herders have always been transiting thus same route since time immemorial and there's nothing new about it.
Putting up this photo really exposes how pained, miserable and frustrated Reno Omokiri has been.

Deep emotions can ruin the reasoning of even the most educated and enlightened people and turn them to retarrds... I've learnt a new one today, cows started walking on roads in Nigeria only since 2015 after buhari became president.

NairaMedia:
[url][/url]Moment second set of Nigeria citizens, Cow takes over the entrance of Aso Rock.

Photo shared by Reno Omokri, he wrote:

This photo of cows taking over the gate of @AsoRock @NgrPresident Villa is a summary of what @MBuhari has done to Nigeria. Promoting the interests of cows over humans to the extent that his spokesman, @FemAdesina, said 'giving land for ranching is better than death'

Source: https://www.mediahelm.com.ng/2019/04/cows-take-over-gate-presidential-villa.html

Reno once again appealing to his fellow pained and deluded followers with his usual poo... Buhari according to Reno and co is the one who invented cows walking on the streets in Nigeria....

sukerefakere:
typing with a white man invention..

What is Nigeria bringing to the table of development..

Nothing.. Zero

Yeah right. So therefore, anything a white man tells me should be taken seriously, irrespective of whoever the man is. As long as he's white. Congratulations!

iswallker:
Are you the agriculture minister...

I am saying this man should be busy formulating and implementing policies of govt that will lead to food sustainability, job creation and export earnings for this country rather than bothering his head about people in the upper class which he is a member and what they do with their money..

I do not have to be the agriculture minister to support his commonsensical stance. Every educated or enlightened person in Nigeria understands that the excessive love Nigerians have for imported produce is bleeding our economy... If we have a better economy, woul all those things you mentioned above (i.e food sustainability, job creation and export earnings) not be assured?... So why exactly are you furious with the agric minister for simply re-echoing something every smart Nigerian should already know?... Or are you just one.of those who just go out of their way ti just criticise any and everything just for the sake of it?

The man is a member of the FEC, he's a Nigerian, and just like you and I, he wants a Nigeria that works. He simply lamented the bizarre affinity Nigerians have for imported products and proceeded to give an extreme/exaggerated example to buttress his point (i.e. people importing something as flimsy as pizza). By all logical sense, what exactly is wrong with the minister's stance and why are you furious about this? Am I missing something?

Who exactly is Steve Hanke?... and why exactly should I take his classroom assignment result seriously in Nigeria?... Oh I forgot, he's a white man.

bastardmod:
You are a hypocrite and a complete fool... Useless idiot. Fake pastor

Take a glass of water man...

HenryInno1:
What Kumuyi said is Biblical Read Deutronomy 22:5 1st Timothy 2:9

First of all, Deutronomy 22 talks about the Laws of Moses which are totally impractical, have been done away with and which no living preacher or Christian abides by today. You cannot just pick and choose selected verses from the numerous laws of Moses and claim they are now approved laws of Christ today in 2018. Sometimes it's really disturbing seeing how people read and interpret the bible with little understanding. The Laws of Moses say if you break a single law, you've broken all; yet in 2018, we have people picking and choosing the laws they want to obey/preach about, whilst they ignore the rest, and how these people strangely do not know they are deceiving themselves is really surprising.

Meanwhile, let's assume the law prohibiting women from wearing men's clothing is still even valid today; what exactly is women clothing and what is men's clothing?... Apparently the bone of contention here is women wearing trousers, but the last time I checked, there's a difference between male trousers and female trousers.

sexiestharam:
For this thing to be news shows how jobless and silly Nigerian youths are. A show that keeps cashing out in adverts and jobless youth also vote for nonentities who don't care about them when they are out. Anybody supporting this scripted program needs to get his/her brain checked.

First of all, it is called ENTERTAINMENT (you can do yourself some good by looking up the meaning of that word in the dictionary). What entertains Mr A might not be what entertains Mr B ...#CommonSense101

You do not fancy a particular TV show, but that does not in any way make those who fancy the program silly or jobless. The only people who need their brains checked are those who harbour this kind of your childish bigoted mentality (thinking you're smarter than others simply because they like a TV show but you don't).

cc: Sermwell, abbaapple

MetaPhysical:
I think Gbajabiamila will be adopted as Speaker without going to vote. APC only need 181 votes for Gbajabiamila to win the contest and they have over 220. With this wide margin Gbajbiamila has a much better chance becoming Speaker than does Lawan in Senate where the margin is narrow and a few outliers can change fortunes for Lawan becoming President in Senate.

Femi's opponents will also be APC members who will share those 220 votes. The eventual winner would need PDP support and you know Tinubu is one of the greatest nightmares to PDP, so they will typically vote against anyone Tinubu supports just like in 2015.

wifeesnatcher:
Tinubu said that? I want to believe his words was twisted, I await he denounce this news tomorrow


No one can force the legislature principals on the members elect, you can only persuade, appeal and lobby them for support

When a Tinubu statement is being reported by IgbereTV, you can bet there's a 99% chance the statement was twisted.

TonyeBarcanista:
He has nothing to offer forget about the packaging.

You still haven't given an answer. What exactly do you mean by "he has nothing to offer" and what exactly did other speakers (past and present), and the other current contestants have to offer that's unique?

iswallker:
But ogbeh became spokes man for BA, he should also answer when we don't get our orders..

Ancestors with no idea as minister

So if I say "some people are so vain to the extent that they even buy suya from Kano and have it delivered by Young Shall Grow motors to Port Harcourt," how exactly does that make me a spokesman of Young Shall Grow motors?...

I'm struggling to see the difference between this reasoning and the reasoning of the so called ancestor.

TonyeBarcanista:
You are joking right? Hahahha how will he win? You think it is APC Primary election?

Why exactly are you against Femi's ambition?... The man has been one of the most active reps since the past 12 years and there's really no major scandal rendering him unfit for the position; so why exactly do you feel a need to oppose his candidature?

amaniro:
Ogbeh... where is my pizza I ordered from London via British airline?

The Waterfront, Plot 5, Oyinkan
Abayomi Drive
Lagos - Ikoyi
Nigeria

That's the BA office in lagos. You can go there and lat any complaints. Ogbeh doesnt work for/with BA, and neither does he regulate their activities. Ehrn you get your answers, thank me later!

Gandollar:
Energetic on paper. He's 84yrs old.

My sister, I'm not blind oo... I see his pictures and videos and 67 doesnt sound unusual or unrealistic for a man like that. My eyes and my opinion though.

Ziggylady:
Tinubu reduced his age with 18years at the least....Dude is a fraud through and through.

67 years indeed.

Does Tinubu really look 85 year old to you?...

FortuneDeGreat:
Are you kidding? 70?

How come the first wife who died not quite long was 74?

How come gov. Oyetola of osun his nephew is 63, mind you he's the son of Tinubu's immediate elder sister.

If Tinubu is anything less than 84 then buhari's age forgery is a child's play.

IF YOU KNOW, YOU KNOW!!!

84 year old, wow! The man must really have special genes or must have spent a lot on cosmetic surgery to still look this young and energetic at 84.

SpaceTour:
Don't mind that fool

That you actually had to call me a fool for simply having a different opinion from you in a case that doesnt even concern any one of us, it speaks volumes of the kind of poor upbringing you had.

SpaceTour:
Stop yapping rubbish. Their branches are being shut down with attendant de-marketing occasioned by the picketing but you are still here yapping that 9b is nothing. Do you know the damage this shut down of GTB banks have caused to their image? Go and sit down

Okay no need for plenty talks, let's all just sit down and watch.

InyinyaAgbaOku:
The they should simply pay now

Stubborn organisations like that wouldnt even repay a customer N10k without a fight, let alone billions.

alezzy13:
You miss the point. Of course we all know they can shell out that amount without a sweat, but what happens thier cooperate image?

Entities like GTB that rely heavily on investors and depositors confidence simply cannot afford to be emeshed in such trending stories like these.

For instance,.what happens if everyone starts panic withdrawal?

Banks get involved in these sort of cases and litigations very often; they win some, they lose some. There's nothing special about this case except that some nincompoops decided to turn it into another of their igbo vs yoruba foolishness, while some others turned it to apc vs pdp.

Regarding the corporate image of the bank, you seem to forget we're talking of a Nigerian bank here; one of the biggest and most influential out of the pack. These big banks are like rogue organisations who enjoy a certain level of exclusivity and monopoly. They worry less about corporate image, so losing a N9bn case (regardless of how messy it was) would have little or no effect on their business.

Did you say panick withdrawal? Over N8bn? For fear that the bank is distressed or what?

SpaceTour:
They should pay up if it is a chicken change. It is a chicken change while their bank branches are being shut down, while you guys are the ones hyping them by telling us that the money is a chicken change. It is only GTB that wears the shoe knows where it pinches. To pay out 9b will be tough to them if not they would have paid it tonight.

N9billion is chicken change to all the mainstream banks in Nigeria. But that doesnt mean they would pay it without a fight; these banks wouldnt even pay poor customers 10k without a battle, let alone billions. But for anyone to actually think a N9b payoff or fine can get any mainstream bank in Nigeria distressed, let alone one of the biggest in the league (GTB), then such a person must really be swimming in deep ignorance.