21 States Seek N1.65trn Loans Despite 40% Rise In FAAC Revenues - Politics (4)

21 States Seek N1.65trn Loans Despite 40% Rise In FAAC Revenues - Politics (4) - Nairaland

Nairaland Forum › Nairaland General › Politics › 21 States Seek N1.65trn Loans Despite 40% Rise In FAAC Revenues (25353 Views)

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Re: 21 States Seek N1.65trn Loans Despite 40% Rise In FAAC Revenues by Indispensable85(m): 1:54pm On Aug 27, 2024

Obaseki what are you doing there?

1 Like

Re: 21 States Seek N1.65trn Loans Despite 40% Rise In FAAC Revenues by MichaelSokoto(m): 1:56pm On Aug 27, 2024

Iampromoted:
Delta State no dey the list of intending borrowers. Kudos to Gov. Sherrif Oborevwori.

dey play!

He is coming wit a banger!
cool

Re: 21 States Seek N1.65trn Loans Despite 40% Rise In FAAC Revenues by Enaibe01(m): 1:59pm On Aug 27, 2024

My beloved Delta State is now in a safe hands.

Re: 21 States Seek N1.65trn Loans Despite 40% Rise In FAAC Revenues by morrisono111(m): 2:00pm On Aug 27, 2024

CyrusVI:

Otti is the inly Nigerian Gov to take Islamic bank loan this year

The man don use Abia state future play kite

Next Gov go pay debt till he tire

Which is equivalent to 200 billion naira only

Re: 21 States Seek N1.65trn Loans Despite 40% Rise In FAAC Revenues by Nwaokunkpara: 2:03pm On Aug 27, 2024

Jayhome24:
You are the very stupid idiot that belief a governor runing a state with no known natural resources ad minor population and lesser GDP and you didn't know its all from Ioan then tell us then he is printing money so DSS can go for him.

Ozuor fool. No common sense.

Go look yourself up in the mirror and you won't be disappointed to see the big fool staring back at you

Re: 21 States Seek N1.65trn Loans Despite 40% Rise In FAAC Revenues by letitrainnow(m): 2:06pm On Aug 27, 2024

For reckless spending

Re: 21 States Seek N1.65trn Loans Despite 40% Rise In FAAC Revenues by alimiadedayo1: 2:08pm On Aug 27, 2024

Hotspurs:
no i doubt...av you been to ojoo, mokola, adamasingba stadium akobo..etc...much differenc

dont mind them they are APC e rats, how can you say oyo state did not change for the past 20 years. even though i dont like seyi makinde that does not change the fact he is far better than ajumobi in all sector except the insecurity in oyo state during the buhari regime but now i think it has been resolved

2 Likes

Re: 21 States Seek N1.65trn Loans Despite 40% Rise In FAAC Revenues by LOVEALAIGBO: 2:17pm On Aug 27, 2024

Krankhead:
Otti is a scam. Obidient are just hyping him. By the time he finishes his term , that is when you will know that he has used Abia to borrowed money from banks.

As against previous governors that were the real McCoy abi!?

Can you give us examples of governors that are not ‘scam’!?

Re: 21 States Seek N1.65trn Loans Despite 40% Rise In FAAC Revenues by dheilaw1(m): 2:23pm On Aug 27, 2024

Smartcitizen:
Where is Alex Oti getting all these money he is using in Abia State.

I'm surprised that Abia is not among the States borrowing money.

I'm just wondering what Alex Oti is doing that others governors doesn't know.

what has he done with the 125m dollars Islamic bank loan that he took? These Eluu P boys no go just get sense.

1 Like

Re: 21 States Seek N1.65trn Loans Despite 40% Rise In FAAC Revenues by dheilaw1(m): 2:24pm On Aug 27, 2024

obedugo:
I just go check if to say I go see Alex there... But our beloved LP Governor is miles ahead of others

ahead of others with 125m dollars Islamic development bank loan he already took? You better go get sense.

1 Like

Re: 21 States Seek N1.65trn Loans Despite 40% Rise In FAAC Revenues by Ojiofor: 2:28pm On Aug 27, 2024

nusirat:
Oga don't lie Alex otti borrow 125 million dollar.

Governor Alex Otti has revealed that Abia State Government, had received approval for a $125 million loan facility from Islamic Development Bank, but added that the state had not drawn the loan.

He said the necessary documentations were being done before the funds would be drawn.

Otti who disclosed this while fielding questions from newsmen.

Have he accessed the loan?
Provide link to this information.

Re: 21 States Seek N1.65trn Loans Despite 40% Rise In FAAC Revenues by yungpowers(m): 2:42pm On Aug 27, 2024

Smartcitizen:
Please can we have a confirmed link to this news if you are sure it is not a beer parlor gossip.

Thanks so much for the info in advance.

I don't make nonsense claims.
See one of the many links verifying the information.

Please endeavor to read through the whole information as the figure is even beyond what I quoted.

I will tell you more about the monies.

The former thief Ikpeazu applied for the loan but Alex Othief petitioned ADB with his banking connections to make sure that it never became a reality. The former thief would have done many projects that would have made people to vote for PDP but Othief played dirty politricks.

The looting spree going on in the current administration is worrisome. The current thief is worse than the former thief.

https://www.premiumtimesng.com/news/more-news/607761-afdb-approves-abias-115million-loan-request.html?tztc=1

Re: 21 States Seek N1.65trn Loans Despite 40% Rise In FAAC Revenues by Bestmanfornow: 2:46pm On Aug 27, 2024

ogododo:
https://dailytrust.com/21-states-seek-n1-65trn-loans-despite-40-rise-in-faac-revenues/

Fake news from daily trust

Governor Soludo has described as FAKE News the report on Daily Trust Newspaper that the State is about to borrow 245 Billion Naira to fund the 2024 Budget Deficit.

Re: 21 States Seek N1.65trn Loans Despite 40% Rise In FAAC Revenues by Jayhome24: 2:56pm On Aug 27, 2024

Nwaokunkpara:
Go look yourself up in the mirror and you won't be disappointed to see the big fool staring back at you

You lost the argument and went para out talking in parables.

Go first and look at your dumbass on the mirror may be that will help you to reason rationally.

Re: 21 States Seek N1.65trn Loans Despite 40% Rise In FAAC Revenues by maasoap(m): 2:58pm On Aug 27, 2024

40% rise in FAAC but 400% fall in the value of naira. The project that required 1 billion naira before under Buhari will now require between 3 and 4 billion naira, corruption aside

1 Like

Re: 21 States Seek N1.65trn Loans Despite 40% Rise In FAAC Revenues by Rivermonster(m): 2:58pm On Aug 27, 2024

I KNOW EDO MUST BE THERE ELECTION DON DEY COME OBASEKI DON BORROW TIRE E WAN MAKE SURE SAY E STOOGE WIN.

Re: 21 States Seek N1.65trn Loans Despite 40% Rise In FAAC Revenues by victorDanladi: 3:02pm On Aug 27, 2024

Smartcitizen:
Where is Alex Oti getting all these money he is using in Abia State.

I'm surprised that Abia is not among the States borrowing money.

I'm just wondering what Alex Oti is doing that others governors doesn't know.

Which projects?

Is he paying 30k minimum wage huh

Re: 21 States Seek N1.65trn Loans Despite 40% Rise In FAAC Revenues by plantist: 3:05pm On Aug 27, 2024

advanceDNA:
He ddnt borrow it eventually....it was even mentioned recently that he hasn't borrowed since he resumed office

This wan nko

Re: 21 States Seek N1.65trn Loans Despite 40% Rise In FAAC Revenues by plantist: 3:06pm On Aug 27, 2024

Ojiofor:
Have he accessed the loan?
Provide link to this information.

Re: 21 States Seek N1.65trn Loans Despite 40% Rise In FAAC Revenues by Maria96: 3:09pm On Aug 27, 2024

Smartcitizen:
Where is Alex Oti getting all these money he is using in Abia State.

I'm surprised that Abia is not among the States borrowing money.

I'm just wondering what Alex Oti is doing that others governors doesn't know.

is this not same alex otti? Late Wigwe and the company owned by his wife . Dey play.

Budget deficit of 400 billion will be funded by loans lol

Re: 21 States Seek N1.65trn Loans Despite 40% Rise In FAAC Revenues by Olurondo: 3:16pm On Aug 27, 2024

Even though all these Governors are from different political parties-PDP,APC and APGA,they all have one thing in common,they are all thieves.These bastard governors just want to borrow money to steal.What have they done with the increased revenue from Oil Subsidy?Awon Oloriburuku!

Re: 21 States Seek N1.65trn Loans Despite 40% Rise In FAAC Revenues by Saintinoo(m): 3:39pm On Aug 27, 2024

ogododo:
https://dailytrust.com/21-states-seek-n1-65trn-loans-despite-40-rise-in-faac-revenues/

Soludoooooooo 240bn? I pity the next Anambra state governor.

Re: 21 States Seek N1.65trn Loans Despite 40% Rise In FAAC Revenues by osuofia2(m): 3:40pm On Aug 27, 2024

Smartcitizen:
Where is Alex Oti getting all these money he is using in Abia State.

I'm surprised that Abia is not among the States borrowing money.

I'm just wondering what Alex Oti is doing that others governors doesn't know.

what is he doing ? how much is minimum wage in Abia abi the Berger sign board na eem be doings

Re: 21 States Seek N1.65trn Loans Despite 40% Rise In FAAC Revenues by Iampromoted(m): 3:43pm On Aug 27, 2024

MichaelSokoto:
dey play!

He is coming wit a banger!

Till then. For now he's doing well. Zero debt.

Re: 21 States Seek N1.65trn Loans Despite 40% Rise In FAAC Revenues by Ojiofor: 3:54pm On Aug 27, 2024

[quote author=plantist post=131716131][/quote]The loan was approved but have not acessed it yet.

Otti debunks news of taking loan from Islamic bank.
Watch from 12 minutes of the video.

https://www.youtube.com/watch?v=ykDwwp0b38E

Re: 21 States Seek N1.65trn Loans Despite 40% Rise In FAAC Revenues by PSmurf: 3:56pm On Aug 27, 2024

This is simply daylight robbery being perpetrated on the masses. No less than half of the money being borrowed will be stolen.

Re: 21 States Seek N1.65trn Loans Despite 40% Rise In FAAC Revenues by Mckraz01: 3:58pm On Aug 27, 2024

Smartcitizen:
Where is Alex Oti getting all these money he is using in Abia State.

I'm surprised that Abia is not among the States borrowing money.

I'm just wondering what Alex Oti is doing that others governors doesn't know.

He's doing business 😀
Trust Abia man

1 Like

Re: 21 States Seek N1.65trn Loans Despite 40% Rise In FAAC Revenues by Smartcitizen: 4:17pm On Aug 27, 2024

osuofia2:
what is he doing ? how much is minimum wage in Abia abi the Berger sign board na eem be doings

🤣🤣🤣🤣🤣🤣🤣

We are better than your state in every ramifications and that's why the envy is all over you.

Re: 21 States Seek N1.65trn Loans Despite 40% Rise In FAAC Revenues by Smartcitizen: 4:19pm On Aug 27, 2024

Maria96:
is this not same alex otti? Late Wigwe and the company owned by his wife . Dey play.

Budget deficit of 400 billion will be funded by loans lol

Why all these bad blood from you people?

Please we prefer Alex Oti to Tinubu abeg.

🤣🤣🤣🤣🤣🤣

Re: 21 States Seek N1.65trn Loans Despite 40% Rise In FAAC Revenues by Smartcitizen: 4:20pm On Aug 27, 2024

victorDanladi:
Which projects?

Is he paying 30k minimum wage

Please talk like an educated person,

Minimum wage is never a project anywhere in the world abeg o!

Re: 21 States Seek N1.65trn Loans Despite 40% Rise In FAAC Revenues by Smartcitizen: 4:23pm On Aug 27, 2024

yungpowers:
I don't make nonsense claims.
See one of the many links verifying the information.

Please endeavor to read through the whole information as the figure is even beyond what I quoted.

I will tell you more about the monies.

The former thief Ikpeazu applied for the loan but Alex Othief petitioned ADB with his banking connections to make sure that it never became a reality. The former thief would have done many projects that would have made people to vote for PDP but Othief played dirty politricks.

The looting spree going on in the current administration is worrisome. The current thief is worse than the former thief.

https://www.premiumtimesng.com/news/more-news/607761-afdb-approves-abias-115million-loan-request.html?tztc=1

Thanks so much for the update and please kindly understand that he never applied for the money and he is also using it very well for us in Abia to see.

We are 💯 percent satisfied with this development unlike that useless former governor Okezie IKpeazu who borrowed money to build an airport we are still looking for till tomorrow.

🤣🤣🤣🤣🤣🤣

Re: 21 States Seek N1.65trn Loans Despite 40% Rise In FAAC Revenues by Smartcitizen: 4:29pm On Aug 27, 2024

dheilaw1:
what has he done with the 125m dollars Islamic bank loan that he took? These Eluu P boys no go just get sense.

Please which state are you from?

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