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We Are Financially Enlightened, Not Jumping At Any Loan — Alex Otti - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsWe Are Financially Enlightened, Not Jumping At Any Loan — Alex Otti (15273 Views)

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We Are Financially Enlightened, Not Jumping At Any Loan — Alex Otti by Metrix147(op): 4:32pm On Mar 19, 2024
Abia State Governor, Dr. Alex Otti has described his administration as financially enlightened, noting that it is not interested in jumping at any loan that comes its way.


https://www.youtube.com/watch?v=aUsiS8NN7mI

The governor in an interaction with journalists in Umuahia said the state has been receiving offers for loan from commercial banks within but has not drawn on any of them.

He further revealed that the state has approval for loans from Islamic Development Bank to the tune of $125m.

Additionally, the governor said the African Development Bank (AfDB) has approved another loan for the state, stating that their documentation will be signed and later accessed by the state.

He denied allegation by opposition that the state has secured N145bn loan, saying there is no truth in such allegation.

He called on the "authors of this garbage" to apologize for deceiving Abians

Abia State Governor, Dr. Alex Otti has described his administration as financially enlightened, noting that it is not interested in jumping at any loan that comes its way.

The governor in an interaction with journalists in Umuahia said the state has been receiving offers for loan from commercial banks within but has not drawn on any of them.

He further revealed that the state has approval for loans from Islamic Development Bank to the tune of $125m.

Additionally, the governor said the African Development Bank (AfDB) has approved another loan for the state, stating that their documentation will be signed and later accessed by the state.

He denied allegation by opposition that the state has secured N145bn loan, saying there is no truth in such allegation.
Source: https://abntv.com.ng/news/video-were-financially-enlightened-govt-not-jumping-at-any-loan-gov-otti/

Re: We Are Financially Enlightened, Not Jumping At Any Loan — Alex Otti by SpatialKing(m): 4:34pm On Mar 19, 2024
A renowned banker
Re: We Are Financially Enlightened, Not Jumping At Any Loan — Alex Otti by Arobaga: 4:35pm On Mar 19, 2024
embarassed
Re: We Are Financially Enlightened, Not Jumping At Any Loan — Alex Otti by Arobaga: 4:36pm On Mar 19, 2024
grin
Re: We Are Financially Enlightened, Not Jumping At Any Loan — Alex Otti by yarimo(m): 5:05pm On Mar 19, 2024
And yet no any single development in the whole Abia state undecided undecided
Re: We Are Financially Enlightened, Not Jumping At Any Loan — Alex Otti by kennyz247(m): 5:07am On Mar 20, 2024
Good luck
Re: We Are Financially Enlightened, Not Jumping At Any Loan — Alex Otti by dayleke: 5:08am On Mar 20, 2024
Las las, them go take am. tongue embarassed
Re: We Are Financially Enlightened, Not Jumping At Any Loan — Alex Otti by dayleke: 5:08am On Mar 20, 2024
kennyz247:
Goodluck Jonathan
cool tongue

Smile grin cheesy , you are on camera.
Re: We Are Financially Enlightened, Not Jumping At Any Loan — Alex Otti by kaludestiny10(m): 5:09am On Mar 20, 2024
That evil opposition party called pdp that wasted 24 years of ndi Abia should please allow Gov Otti to focus on what he is doing in the state.
Re: We Are Financially Enlightened, Not Jumping At Any Loan — Alex Otti by MrHighSea: 5:10am On Mar 20, 2024
coming from a Nigerian governor.
Maybe there's hope. a pinch
Re: We Are Financially Enlightened, Not Jumping At Any Loan — Alex Otti by CJStarz: 5:11am On Mar 20, 2024
hybrid77:
grin


This one with low IQ. politics has damaged ur ability to reason ans see sense in anything good.

I dont support otti by the way. But as for u, u are as good as useless to any conversation regarding nigeria because u are baised, tribalistic and naive.
I unliked his comment when I noticed it was him.
Even when he says the truth he does so from a tribalistic mindset.
Terrible person he is!
Re: We Are Financially Enlightened, Not Jumping At Any Loan — Alex Otti by CountinBlessins(m): 5:12am On Mar 20, 2024
yarimo:
And yet no any single development in the whole Abia state undecided undecided
Are you a graduate ? Or you just want to derail every thread that hits front page ?
You should invest this energy in developing yourself
Re: We Are Financially Enlightened, Not Jumping At Any Loan — Alex Otti by zeenaman: 5:12am On Mar 20, 2024
G
Re: We Are Financially Enlightened, Not Jumping At Any Loan — Alex Otti by Otulented: 5:13am On Mar 20, 2024
I for say, collecting money or loan from an Islamic bank. Its not a welcomed ideal.
Re: We Are Financially Enlightened, Not Jumping At Any Loan — Alex Otti by Davicl: 5:13am On Mar 20, 2024
yarimo:
And yet no any single development in the whole Abia state undecided undecided
What do you expect from yorubaza moslem
Re: We Are Financially Enlightened, Not Jumping At Any Loan — Alex Otti by meum: 5:13am On Mar 20, 2024
That’s how it’s supposed to be.

There are loans everywhere but a wise man will avoid jumping at these loans.
Re: We Are Financially Enlightened, Not Jumping At Any Loan — Alex Otti by lonelydora: 5:14am On Mar 20, 2024
PDP do not have the authority of saying anything about Abia even if Alex is not doing well. They don't have that luxury to say anything. Wicked lots called PDP.

Nna, by the time Alex Otti is done with Abia, other states will be coming for tourism in Abia.

Once again, I am now proud to be called "that Abia man"

Where is Okezie Ikpeazu sef?
Re: We Are Financially Enlightened, Not Jumping At Any Loan — Alex Otti by CJStarz: 5:14am On Mar 20, 2024
kaludestiny10:
That evil opposition party called pdp that wasted 24 years of ndi Abia should please allow Gov Otti to focus on what he is doing in the state.
Not surprised this is coming from a Kalu.
U guys REFUSED to see or ACKNOWLEDGE any good thing done by Okezie Ikpeazu's administration all because he's an Ngwa man but here you are supporting your own even when he keeps borrowing and increasing Abia debt profile.
Re: We Are Financially Enlightened, Not Jumping At Any Loan — Alex Otti by derecho(m): 5:14am On Mar 20, 2024
Tinubu should go and take lessons from Alex.
Not just promising heaven and earth but doing anything.

The most unfortunate part is Tinubu is untrustworthy
Re: We Are Financially Enlightened, Not Jumping At Any Loan — Alex Otti by shfizle(m):
The Islamic Development Bank loans, with the profit/loss returns as opposed to the interest rate is the best option.

My only concern is why is Otti getting loan approval from a bank of "terrorists" and not Israel or IMF?

Isn't that an islamization agenda?
Re: We Are Financially Enlightened, Not Jumping At Any Loan — Alex Otti by stano2(m): 5:21am On Mar 20, 2024
Good one
Re: We Are Financially Enlightened, Not Jumping At Any Loan — Alex Otti by dust144(m): 5:22am On Mar 20, 2024
God bless, God own man.
God bless, God own state.
Re: We Are Financially Enlightened, Not Jumping At Any Loan — Alex Otti by stano2(m): 5:24am On Mar 20, 2024
yarimo:
And yet no any single development in the whole Abia state undecided undecided
Grow up
Re: We Are Financially Enlightened, Not Jumping At Any Loan — Alex Otti by Thundafireseun:
Otulented:
I for say, collecting money or loan from an Islamic bank. Its not a welcomed ideal.
Cultivate the habit of reading 1st ….before opening your empty skull to type nansense

Just a warm friendly advice
Re: We Are Financially Enlightened, Not Jumping At Any Loan — Alex Otti by Sucre6:
yarimo:
And yet no any single development in the whole Abia state undecided undecided
A failed stipend paid agbado munching nincooompooop, not surprised to see a senseless vile comment from this moniker as usual
Re: We Are Financially Enlightened, Not Jumping At Any Loan — Alex Otti by donforeign: 5:29am On Mar 20, 2024
yarimo:
And yet no any single development in the whole Abia state undecided undecided
animal on uniform
Re: We Are Financially Enlightened, Not Jumping At Any Loan — Alex Otti by Yankee101: 5:30am On Mar 20, 2024
Please teach Tinubu
Re: We Are Financially Enlightened, Not Jumping At Any Loan — Alex Otti by money121(m): 5:30am On Mar 20, 2024
Ok
Re: We Are Financially Enlightened, Not Jumping At Any Loan — Alex Otti by malali: 5:30am On Mar 20, 2024
Smart Governor

Interest-Free Loans: Islamic bank loans do not involve the payment or charging of interest. Instead, Islamic banks provide financing through profit-sharing arrangements or by purchasing and then reselling assets to the borrower at a markup.
Re: We Are Financially Enlightened, Not Jumping At Any Loan — Alex Otti by adioolayi(m): 5:31am On Mar 20, 2024
Prof Charles Soludo yet to collect any loan,...I was thinking you intend doing same , especially with all the noise of accusing APC government of taking many loans
Re: We Are Financially Enlightened, Not Jumping At Any Loan — Alex Otti by kudos4u(m): 5:33am On Mar 20, 2024
Though I don't support his comment but dis your comment is as senseless as is his
Davicl:
What do you expect from yorubaza moslem
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