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Tinubu: Lack Of Access To Credit Facilities Is A Major Cause Of Corruption - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsTinubu: Lack Of Access To Credit Facilities Is A Major Cause Of Corruption (29942 Views)

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Tinubu: Lack Of Access To Credit Facilities Is A Major Cause Of Corruption by AnonPoet(op): 4:40pm On Jul 29, 2022

https://www.youtube.com/watch?v=LnmWg5wZp20

Asiwaju spoke extensively on widening the tax net to include people like himself instead of increasing VAT and ensuring that credit facilities become a thing in Nigeria if we are to truly nip corruption in the bud. He had earlier maintained this same stance in his 9th colloquium https:///JZjWRGpTN1

Re: Tinubu: Lack Of Access To Credit Facilities Is A Major Cause Of Corruption by omowolewa:
Even debtors are not paying, is that not corruption?

Ask LAPO

Housing:
You are only exhibiting lack of knowledge. Credible credit facilities will make good and services available as you can buy on credit, lease on credit and enjoy services on credit. The credit facilities will cover every area of human endeavours. From, vehicle, house, health, education to electronic gadgets.

Tinubu was not talking about debt trap credit from loan sharks.
Good.
What led to Soludo's Bank Merger was mainly about Credit Facility Fraud.

Big men went to Banks (not Loan Sharks! got loans at cheap considerations but never showed up to pay.

Let most Banks open their original records to you, then you will understand people's unwillingness to repay. This I agree is a product of poor due diligence and insider dealings, corruption you will agree

If Tinubu choose credit as a driver of Productivity, he needs to work on Corruption separately.
Credit facility cannot be a tool in anti-corruption war rather a subject of it. Like throwing more monies at thieves cannot solve stealing


.
Re: Tinubu: Lack Of Access To Credit Facilities Is A Major Cause Of Corruption by lexy2014: 4:58pm On Jul 29, 2022
[quote author=AnonPoet post=115195741]
https://www.youtube.com/watch?v=LnmWg5wZp20

Asiwaju spoke extensively on widening the tax net to include people like himself instead of increasing VAT and ensuring that credit facilities become a thing in Nigeria if we are to truly nip corruption in the bud. He had earlier maintained this same stance in his 9th colloquium https:///JZjWRGpTN1

does availability of credit facilities nip corruption in the bud?

What is the cause of corruption in Nigeria?
Re: Tinubu: Lack Of Access To Credit Facilities Is A Major Cause Of Corruption by LordGuru1: 5:50am On Jul 30, 2022
That's very true.
Re: Tinubu: Lack Of Access To Credit Facilities Is A Major Cause Of Corruption by deji17: 5:50am On Jul 30, 2022
Makes lots of sense. This is the real economics.
Re: Tinubu: Lack Of Access To Credit Facilities Is A Major Cause Of Corruption by Aufbauh(m): 5:51am On Jul 30, 2022
This man really sabi economics.
If not for his age/health concern to me, non of the presidential aspirants is close to him in capacity and deliverables.

No one thought of this as deterrent to corruption even in the past. This is a classical case of thinking outside the box by BAT.
Re: Tinubu: Lack Of Access To Credit Facilities Is A Major Cause Of Corruption by phoneport(m): 5:51am On Jul 30, 2022
Somebody should tell this man to keep Q A Y E T... Credit Facility my foot.
Re: Tinubu: Lack Of Access To Credit Facilities Is A Major Cause Of Corruption by matrix199(m): 5:51am On Jul 30, 2022
Tinubu keeps giving old age bad impression.
Re: Tinubu: Lack Of Access To Credit Facilities Is A Major Cause Of Corruption by DankemzI(m): 5:51am On Jul 30, 2022
Agbado plus corn.
How do you intend to tax unemployed people?
Talk about job creation first
Re: Tinubu: Lack Of Access To Credit Facilities Is A Major Cause Of Corruption by Samskid310(m): 5:51am On Jul 30, 2022
Lack of credit facilities as how?
Is Lcredit a joke to you
Re: Tinubu: Lack Of Access To Credit Facilities Is A Major Cause Of Corruption by Klington: 5:51am On Jul 30, 2022
When you've all the money to yourself greedy power drunk selfish vegetable.

Re: Tinubu: Lack Of Access To Credit Facilities Is A Major Cause Of Corruption by Itohanmiwa: 5:51am On Jul 30, 2022
Hmm... Love him or hate him, but what you can't take from him is the fact that bobo chigaco is intelligent. Damn you Jagaban!
Re: Tinubu: Lack Of Access To Credit Facilities Is A Major Cause Of Corruption by seguno2: 5:53am On Jul 30, 2022
[quote author=AnonPoet post=115195741]Asiwaju spoke extensively on widening the tax net to include people like himself instead of increasing VAT and ensuring that credit facilities become a thing in Nigeria if we are to truly nip corruption in the bud. He had earlier maintained this same stance in his 9th colloquium https:///JZjWRGpTN1

clueless agbado man should STFU if he does not know that his failure to employ people to provide government services like free education for all children, utilities like water in every building, facilities like primary healthcare centres with enough personnel etc is responsible for widespread corruption.
Re: Tinubu: Lack Of Access To Credit Facilities Is A Major Cause Of Corruption by GalaxiesCakesPo: 5:54am On Jul 30, 2022
omowolewa:
Even debtors are not paying, is that not corruption?

Ask LAPO
True.At the same time its like building a Beautiful House in a Forest where there so Many Lions.

You give Credit Facility in an already destroyed and Ailing Economy.

Tinubu go back to School
Re: Tinubu: Lack Of Access To Credit Facilities Is A Major Cause Of Corruption by iJhoe(m): 5:54am On Jul 30, 2022
That's very far from the truth

People like him-- politicians are the best source of corruption. They had even institutionalized corruption in Nigeria
Re: Tinubu: Lack Of Access To Credit Facilities Is A Major Cause Of Corruption by Kingspin(m):
If this is not upside down lecture.

Lack of access to credit leads to corruption.
..Are you seeing what I am sawing?
Re: Tinubu: Lack Of Access To Credit Facilities Is A Major Cause Of Corruption by stano2(m): 5:55am On Jul 30, 2022
There are no jobs, salaries are stagnant.
Imagine using 100% of your salary to service your credit debt monthly.
Re: Tinubu: Lack Of Access To Credit Facilities Is A Major Cause Of Corruption by SIMONEKPA7: 5:56am On Jul 30, 2022
Tinubu handlers should restrict him to talk about only Agbado and casava that he is a professor on.
He should not be allowed to talk about any other national issues before he messes himself up.
If not greed shey na Osinbanjo supposed to be the flag bearer of Apc
Re: Tinubu: Lack Of Access To Credit Facilities Is A Major Cause Of Corruption by seguno2:
iJhoe:
That's very far from the truth

People like him-- politicians are the best source of corruption. They had even institutionalized corruption in Nigeria
Indeed.
Does his own pensions not dwarf that of civil servants?
What of his Alpha Beta tax collection
looting scheme that deprives Lagosians of government services, utilities, facilities and infrastructure maintenance?
How many thousands of workers are employed yearly in Lagos since 1999 and paid a comparable total package with public office holdershuh
Re: Tinubu: Lack Of Access To Credit Facilities Is A Major Cause Of Corruption by donbrowser(m): 5:58am On Jul 30, 2022
Samskid310:
Lack of credit facilities as how?
Is Lcredit a joke to you
Read you won't, watch video, you won't. Hatred has blinded you.
Re: Tinubu: Lack Of Access To Credit Facilities Is A Major Cause Of Corruption by ganja06(m): 5:58am On Jul 30, 2022
Na lack of credit make you steal lagos to stupor
Re: Tinubu: Lack Of Access To Credit Facilities Is A Major Cause Of Corruption by donbrowser(m): 5:58am On Jul 30, 2022
iJhoe:
That's very far from the truth

People like him-- politicians are the best source of corruption. They had even institutionalized corruption in Nigeria
Did you watch the video?
Re: Tinubu: Lack Of Access To Credit Facilities Is A Major Cause Of Corruption by deeway200(m): 5:59am On Jul 30, 2022
Like the one we have access to in Lagos. Thief
Re: Tinubu: Lack Of Access To Credit Facilities Is A Major Cause Of Corruption by AFRICANJAMAICA:
Ok

At a certain age,every human brain will reach diminishing return...tinubu own have pass it.he is brain dead...
Re: Tinubu: Lack Of Access To Credit Facilities Is A Major Cause Of Corruption by phemmyfour: 6:00am On Jul 30, 2022
Credit facilities will work when your people are gainfully employed with a reliable take home pay
Re: Tinubu: Lack Of Access To Credit Facilities Is A Major Cause Of Corruption by Arelyn:
Credit facilities such as Mortgages, Car loans, personal loans, Educational loans etc are certainly the way to go to attain luxury in most developed countries everyone wants to "Japa" to.....Availability of both soft loans and hard loans will reduce dependence on bulky cash transactions; a precursor for corruption) which means individuals only need to find a regular and steady means of paying back a predetermined amount then other secondary needs can be achieved with ease

You can try to deny it but a large number of Nigerians in the diaspora who have a house to themselves today or will buy in future can only achieve it through a mortgage and you don't need to be in the most glamorous of all jobs to own a home in most of these countries because individuals are means-tested before loans are handed to them and such loans are protected with different forms of insurance ( mortgage insurance, life assurance, income protection insurance etc.)

He has a genuine point and liberals like me love to hear alternative solutions to the status quo and not the normal shenanigans our politicians dish out to appeal to emotions. I guess this submission and the widening of the tax bracket are different ideas that are not common for politicians to come up with...
Re: Tinubu: Lack Of Access To Credit Facilities Is A Major Cause Of Corruption by Benwallt(m): 6:00am On Jul 30, 2022
omowolewa:
Even debtors are not paying, is that not corruption?

Ask LAPO
Everywhere hard.
Re: Tinubu: Lack Of Access To Credit Facilities Is A Major Cause Of Corruption by googlepikins: 6:03am On Jul 30, 2022
This old fooool need to shut up

Re: Tinubu: Lack Of Access To Credit Facilities Is A Major Cause Of Corruption by Kobicove(m): 6:04am On Jul 30, 2022
Nigerians have a culture of not wanting to repay debts...this is one of the reasons why access to credit is highly restricted in this country undecided
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