It is believed that Nigeria has a population of above 200m people and it is estimated that about 100m are below poverty line.

Recall that about 70 percent of the poorest Nigerians are from the north. Also recall that qualifications for drawing most of covid parliative is poverty.

Now, do the mathematics yourself and see if government really paid anyone.
If you see the money being shared in the North eh. Then most of their politicians take advantage of this to steal under the guise of humanitarian funds.

These guys are just sophisticated in their act of embezzlement. Just watch, when the time comes, Buhari and his immediate family will work freely with no corruption case.

Felimax:
These ones are still in illusion. Caring leader my anus!
If his economic policies were good they will not need the bail out.
This mistake Nigerians will never forget in a hurry.

If he doesn't do you will criticize him,if he does you still do same. Try and appreciate good efforts for once.

I never heard or read about the Americans thanking Joe Biden for giving them even the most transparent Covid-19 palliative. And I follow foreign issues like there wouldn't be any news tomorrow. Here in Nigeria, we thank Governors for paying salaries and building roads like they're doing so with personal money.

BMO is

Caring leader indeed, the leader that continue to impoverish his people, when he came in naira to dollar exchange rates was below 300naira at the black market, now it's 550 naira, and he is a caring leader and inflation keeps going up,Nigerians una mumu never do?

KingEverest:
first of all,why are the states unable to pay salaries? after destroying the country`s economy with stupendous policies,you start giving them loan as a solution

I read a book some years ago on why economy grows and why they crash. One of the things that surprises me is that everything written in that book by the old man which was republished by his two sons even though it is based on American's economy has reflected in ours. One of the scam the man wrote about is the word Bail Out. After reading the books and other books, I discovered that the western nations and financial bodies are playing on our intelligence, they actually taught us Rubbish

The funds will be disbursed in six tranches over six months, with a 30-year tenor, and a 2-year moratorium at an interest rate of 9 percent.

This looks more like a loan, since they have to pay back.

Nope, just shows that the states are not very good at rasing IGR....which is why they are still begging for bailout.

You know, if states improved their tax to gdp ratios ...most of them have bad tax to gdp ratios...we would have had financailly automonous states, and less strain on the center, and less loans

Government too is also making a mistake bailing the states. Like Oliver Twist....

Plus government needs to diversify away from oil too.

Indeed. What will be the reflection of that on the citizens?

Hope that will force the price of food stuffs and other commodities down.

Such a shame though that we will only hear about it but will not touch the life of an ordinary man on the street.


If Kogi likes, let them go and keep theirs somewhere again.

These peole be licking assssssses without restrain.

Absolute nonsense!

What do you expect from an organization called Buhari media?

Caring ke!
When next year hot for all of us Including zombies d way were will dey hear things go increase.

The funds will be disbursed in six tranches over six months, with a 30-year tenor, and a 2-year moratorium at an interest rate of 9 percent.

Who chop moni and who go pay?

brainpulse:
Truth be told, while other past government has always denailed states such funds, this government has always shared to all the states the entitled funds.
Everyone must ensure their state government utilizes their own judiciously, rather than share malt and N400 or N500 to pregnant women like Abia

What is this one saying ?

bail out wey yahaya bello go keep for bank

DubaiLandLord1:
This people sha want make Ndi PotoPoto people wail

you do not earn more than N70k a month. prove me wrong and il double whatever amount you make per month and send to your account.

This is not caring,he is creating enabling environment for looting. This fund will be looted before used

omoolokunEsin:
I never heard or read about the Americans thanking Joe Biden for giving them even the most transparent Covid-19 palliative. And I follow foreign issues like there wouldn't be any news tomorrow. Here in Nigeria, we thank Governors for paying salaries and building roads like they're doing so with personal money.

What you posted here is the genesis of our problems

Ynix:

I read a book some years ago on why economy grows and why they crash. One of the things that surprises me is that everything written in that book by the old man which was republished by his two sons even though it is based on American's economy has reflected in ours. One of the scam the man wrote about is the word Bail Out. After reading the books and other books, I discovered that the western nations and financial bodies are playing on our intelligence, they actually taught us Rubbish

They know wat they are doing, the West are very cunning people they hate competition

redcliff:


you do not earn more than N70k a month. prove me wrong and il double whatever amount you make per month and send to your account.

Lol

Nah everybody be wealthy man on top internet

redcliff:


you do not earn more than N70k a month. prove me wrong and il double whatever amount you make per month and send to your account.

The person you quoted is a low life
You should know by the way he comments

RodgersAkpafu:

What you posted here is the genesis of our problems

Very true. We copied the American nerican Constitution without it's spirit and character. All elected officials have too easy access to public funds. And it shouldn't be so. If this anomaly is strengthened out today, the do-or-die conversation for power would cease.

KingEverest:

lol

Zombies sha lol

Looting continue

valentineuwakwe:


Source:https://dailypost.ng/2021/11/24/n656bn-bailout-buhari-a-caring-leader-pdp-govt-didnt-help-states-bmo/

My state shouldn't buy this idea o.
Your mumu no too much?

Mad Nigerian! By retaining the beggar status of states?
Compassion kor Compawerey ni?!
What is wrong with aiding states to fish rather than giving them crumbs of dry fish?!
God punish those who enabled this evil man in 2019!
Why not just restructure and progressively propagate TRUE FEDERALISM?!!!!

nograv:


Zombies sha lol

wats ur problem? i tell u say i be buhari supported?