₦airaland Forum

The truth is, money is missing. SR cannot just wake up and write a report without authenticating it. Some daft from Igbo etiti are debunking the news because they have free mb from Etisalat.

Ausbongean:
i love my Igbo culture and attire

What is sweet here?

NwaNimo1:
How will this reduce the price of tomatoes?

Idiot, do you want tomatoes to be N100 when idiots like you cannot farm? You aren't seeing anything until all of you go farming.

[quote author=Addicted2Women post=46274216] These Yoruba boys sef [/quote

Thunder fire ya mama and papa, Ole

omokab:
Mo ki awon loba loba to peju pese sibi ayeye yi. Kade ope Lori ki ileke ope lorun. Bakana mo ki awon ijoye ilu ile yoruba ati awon gbajumo nla nla ti won peju pese sibi ayeye yi. Iru eleyi lamori akoni ri rede rede o.
Ile yoruba a gbe wa sowo agbe wa somo o.

Omode yi o ku lakaye, Ile Yoruba a juwa se o,ko si ni baje o

KINGinVALHALA3:
And those avengers, abi na scavengers where boastful that Buhari cancelled his trip to rivers because of their mere threat.
The Buhari my father told me about and I have also come to know can never be moved by threats from some street criminals.

Get well soon my dear and amiable president.

Be blessed for evermore.

And so, animals destroying their heritage and their children, children future.

Very soon nobody will buy oil again when it is replaced with Bio-fuel and Solar energy.

Then you will regret your live when your generation will have no land to farm and water to fish and then, Agriculture will be the major economic resources.

Then you will know you have destroyed your destiny and your children unborn.

Ambode Government and fire, na wah o

Checking name Female IPOB

Mediator97:
A youth steals a phone and all the masses are all over him. they even kill some in most cases.
a politician steals trillions of naira with just a pen of #20 and all applaud him.
let me ask, which is more severe? after they will say we the masses are helping to chase corruption out of the country.
i have never seen a situation where its reported that a certain politician stole and the masses come out to protest against that.
common sense

Buhari is trying to do this, IPOB and NDA are avenging or fighting back. If you are of the people that resist change, Daris God ooo

Onismate:

The FUNNAB yahoo account

Confessions Of A FUNAAB Yahoo Yahoo Boy

Name Checkers Association Of Nigeria

Representative of Ilupeju branch.

Southeast Avengers food don done

Eastern Avengers are angry.

To them crime is like Tom and Jerry

Nonsense

Bloody illiterates

Space fully booked

Tolexander:
hmmm!

I never knew water melon can be as big and heavy as the one he carried in the second picture.

That water melon should occupy a space in the Guinness book of World Records

But you this boy don dey kolo o.

Bari22:
Only the children of hate will fall deep ears to the president's explanation, please read it well you will surely understand if you are not .....

They are not ready to read what he said, seeing his picture alone has demoralised them and blurred their thinking faculty. The children of hates. God pass you all.

Has ineffectual Buffon feared better?

Please you need serious prayer

The federal government has borrowed 473 billion naira to meet up with recurrent expenditure including paying of salaries while it is yet to release funds for capital projects.

According to Reuters, Nigeria has already used half the borrowing allowance it has budgeted for and has not released any funds for capital expenditure so far this year, as lower oil prices eat into its revenues, the country’s finance minister said on Tuesday.

“We have serious challenges,” Finance Minister Ngozi Okonjo-Iweala said in an emailed statement. “Things have been tough since the beginning of the year and they are likely to remain so till the end of the year.”

The borrowed money has been spent to cover overhead, including salaries, the minister said.

Lawmakers in Africa’s biggest economy and oil producer last week passed a 4.49 trillion naira ($23 billion) budget for 2015, 3.2 percent lower than last year’s spending plans. It was forced to cut spending after global oil prices slumped.

The budget took longer than usual getting through parliament, worsening the cash squeeze, because of the closely fought general elections in March, which saw incumbent President Goodluck Jonathan defeated.

“As a result of the 50 percent decline in oil revenues, the country has faced a difficult cash crunch … Out of the 882 billon naira budgetary provision for borrowing, the government has borrowed 473 billion naira to meet up with recurrent expenditure,” the finance ministry said.

Okonjo-Iweala had projected annual domestic borrowing last year would fall to below 500 billion naira from 577 billion naira in 2013.

The borrowing requirement this year could crowd out lending to the real economy, raising domestic interest rates and yields on government bonds, which could hurt growth. Forecasts for growth have already been lowered twice this year.

The ministry said that inflation is still in single digits and that the Nigerian economy is projected to grow by 4.8 percent this year.

Government revenues have shrunk sharply since oil sales account for up to 80 percent of them and its currency, the naira, has weakened drastically, despite the central bank’s spending billions of U.S. dollars to prop it up.

The lack of funds for capital expenditure means badly needed infrastructure development will be put on hold. Funding for large projects such as bridges and roads had already begun to dry up in 2014, forcing construction firms companies with government contracts to cut back and fire thousands of workers.

http://www.pmnewsnigeria.com/2015/05/06/fg-borrows-n473bn-to-pay-salaries-okonjo-iweala/

@op, you are in wailers zone, keep off. Tigers are already bitting.

Haa Haaa.

These people Muuuguu o.

Kelechi na English man?

Dem dey think say every good thing na dem get am?

Is he selling the whole Abuja?

He is not like ineffectual buffoon. The wailers messiah.

Because you are IPOB and didn't vote for APC

hucienda:
RIP Soldier.. I wish the country you paid the ultimate sacrifice for is worth it.

Condolences to his daughter and mum.

Mad man, do you think without him and Nigeria (RIP) the likes of you will be in existence?
Chiken brain.

IPOB again? Thank God they are not Nigerians

who knows him?

He has not seen anything.

slysteel:
What do you know ? you wey dey live with ur mama.

Ole, you wey dey live alone, wetin PDD achieved in their 18 years of misrule?