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Concerns Mount Over Disbursement Of El-rufai’s $350m World Bank Loan In Kaduna - Politics (2) - Nairaland

Nairaland ForumNairaland GeneralPoliticsConcerns Mount Over Disbursement Of El-rufai’s $350m World Bank Loan In Kaduna (13232 Views)

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Re: Concerns Mount Over Disbursement Of El-rufai’s $350m World Bank Loan In Kaduna by malali: 7:21am On May 09, 2025
Onewazobia:
Such may not work for now in Nigeria because even those cut in broad day light are declared as innocent 😇

We are just deceiving ourselves if we are not ready to shine the torchlight on the money movement.
As long as we dont have an open fiscal policy on transparency, even foreign investors would be scared to come into Nigeria.

As we approach 2027, every governor should be able to say how much he has borrowed and what he did with the money. So the voters can know whats really going on. If we had done that , the likes of Yahya Bello would not have embezzled 80 billion. He should have been detected in the first tenure and voted out for Kogi state to move forward.
Re: Concerns Mount Over Disbursement Of El-rufai’s $350m World Bank Loan In Kaduna by bigiyaro(m): 7:26am On May 09, 2025
grin grin grin He developed kaduna just like Tunibu developed Lagos.
Re: Concerns Mount Over Disbursement Of El-rufai’s $350m World Bank Loan In Kaduna by AMINDA: 7:34am On May 09, 2025
AdesegunSanni89:
How will Uba Sani do much when El-Rufai has already mortgaged the future of the state. Most of their resources now go to repaying debt and interest courtesy of El-Rufai loans.
But Tinubu is also actively "mortgaging" Nigeria's future by borrowing trillions from the same World bank with no single tangible project attached to it. Should we conclude that his successor will also not do much as a result of this?
Re: Concerns Mount Over Disbursement Of El-rufai’s $350m World Bank Loan In Kaduna by persius555(m): 7:40am On May 09, 2025
This can't be true. $350m loan to just one state. What are they developing. World Bank is responsible for some of these problems.
That's how afroexim bank gave us $2.97 billion loan to rehabilitate our refineries.

Money gone but no refurbished refinery. Money down the drain.
Re: Concerns Mount Over Disbursement Of El-rufai’s $350m World Bank Loan In Kaduna by Barryspear: 7:43am On May 09, 2025
Everything said here are all true. Especially the Southern part of KADUNA STATE are always neglected.
Re: Concerns Mount Over Disbursement Of El-rufai’s $350m World Bank Loan In Kaduna by israelmao(m):
AMINDA:
What loan did Elrufai squander? If he is guilty of anything, we all know Elrufai would have been hounded by this vindictive government until he bends the knee as was done to Yahaya Bello, Okowa et al. They tried and found nothing hence resorting to smear campaign. Elrufai is still in the country and a major opposition figure. He ran a largely transparent government in collaboration with the Open Government Partnership. The World bank loan
is a performance-based one, the entire 350 million dollars was not disbursed during
Elrufai's tenure. Uba Sani is still getting draw-downs from the loan while blaming Elrufai with nothing to show for it besides propaganda and sponsored PR.

The intricacies before and after the approval of the loan was largely publicised with Uba Sani as a major player for the approval of the loan. It is on record that Elrufai fell out with the likes of Shehu Sani when they refused to approve the loan that led to Kaduna electorates voting in Uba Sani who stood as a guarantor for the loan.

In any case, Elrufai transformed Kaduna through his Urban Renewal programme and made Kaduna State the highest in Northern Nigeria in terms of IGR. His legacies both in Abuja as FCT minister and governor of Kaduna cannot be wished away by mere propaganda. It would do Uba Sani well to focus on governance and try to match the performance of his predecessor. For now, he's clueless and lagging behind. No one will remember Elrufai for what he didn't do, they will only remember him for what he did. Ditto, Uba Sani.
Try and read between the lines I said El-Rufai might have squadered SOME loans.El-Rufai carried out some urban renewal projects which were visibly selective.There is clear difference between the Kaduna South and Kaduna North.I have my facts.What are states of Sabo
Nassarawa Roads and others in Kaduna South today?Or are they not part of the urban?
Re: Concerns Mount Over Disbursement Of El-rufai’s $350m World Bank Loan In Kaduna by hatchy: 7:50am On May 09, 2025
ivandragon:
It has begun. El-rufia should be probed.

If you do not want to be witch hunted, don't hang out in covens...
Nothing will happen to him. Let him just re decamp to the Vampires coven, then everything will be OK.

Akpabio, abi I lie?
grin
Re: Concerns Mount Over Disbursement Of El-rufai’s $350m World Bank Loan In Kaduna by Vouch54: 7:58am On May 09, 2025
Nah wao , money change pocket . Let El rufai tell us more about this, me I believe money kept somewhere not stolen

Nigerian leaders lacking transparency
Re: Concerns Mount Over Disbursement Of El-rufai’s $350m World Bank Loan In Kaduna by ivandragon: 8:01am On May 09, 2025
hatchy:
Nothing will happen to him. Let him just re decamp to the Vampires coven, then everything will be OK.

Akpabio, abi I lie?
grin
Lol. Truer words have never been spoken.

Oshiomole, Akpabio, okowa, and many others are living testimonies.
Re: Concerns Mount Over Disbursement Of El-rufai’s $350m World Bank Loan In Kaduna by bixton(m): 8:08am On May 09, 2025
AdesegunSanni89:
How will Uba Sani do much when El-Rufai has already mortgaged the future of the state. Most of their resources now go to repaying debt and interest courtesy of El-Rufai loans.
That is incompetence at work.
Kaduna State is not the only State where former governors have taken loans and mortgaged the State.
Any incumbent governor complaining about such is already a complete inconvenience and incompetent failure.
Re: Concerns Mount Over Disbursement Of El-rufai’s $350m World Bank Loan In Kaduna by kolente: 8:21am On May 09, 2025
This is purely politically motivated.

Uba Sani made same complaint and was availed N150B by PBAT.

Why the revisionist theory ?

There is a calculated attempt by politicians targeting known opposition members who they feel as threats in 2027.

El-rufai and Peter Obi are some of them.

We see clearly what is happening and we observe.

Matewalle the Minister of State for Defence should be interogated to as he has corruption cases hanging on his neck.
Re: Concerns Mount Over Disbursement Of El-rufai’s $350m World Bank Loan In Kaduna by U09ce: 8:23am On May 09, 2025
Uba Sani facilitated the loan while Elrufai was in power. Today, it's come back to haunt him and he's sponsoring media attacks against his estranged former boss.
To be fair to Elrufai, he promised to undertake URBAN renewal and he picked a city in each of the senatorial zone - Kaduna in Zone 2,Zaria in Zone 1& Kafanchan in Zone 3. And he did fairly well in execution of the projects therein. The urban renewal program was more about roads than any other infrastructure. But in terms of renovation of hospitals and schools, all parts of the state benefited. One good thing with Elrufai was he gave the chairmen a free hand with their finances. For the first time in many years, the serious ones amongst them were able to execute projects in their localities.
I don't support dollarised loans but Uba Sani is reaping what he sowed and fertilised
Re: Concerns Mount Over Disbursement Of El-rufai’s $350m World Bank Loan In Kaduna by RepoMan007: 8:50am On May 09, 2025
Thats the pattern that has come to define us. Uneven distribution of benefits but even distribution of funding or repaymwnt of loans funding the benefits. Buhari too did it at nationl level. Many northern states are doing it to Christians as minorities and using them repay loans enjoyed elsewhere.
Re: Concerns Mount Over Disbursement Of El-rufai’s $350m World Bank Loan In Kaduna by lapintoz: 8:59am On May 09, 2025
And the barawo banzar is the head of a.thie.fku foundation, sorry coalition.

Wetin Musa no go see for abattoir.....
Re: Concerns Mount Over Disbursement Of El-rufai’s $350m World Bank Loan In Kaduna by Elusive001: 11:19am On May 09, 2025
When will they probe Peter Obi?
Re: Concerns Mount Over Disbursement Of El-rufai’s $350m World Bank Loan In Kaduna by Elusive001: 11:21am On May 09, 2025
kolente:
This is purely politically motivated.

Uba Sani made same complaint and was availed N150B by PBAT.

Why the revisionist theory ?

There is a calculated attempt by politicians targeting known opposition members who they feel as threats in 2027.

El-rufai and Peter Obi are some of them.

We see clearly what is happening and we observe.

Matewalle the Minister of State for Defence should be interogated to as he has corruption cases hanging on his neck.
Peter Obi challenged the during the build up to the 2023 elections. Till date, dem still dey look for corruption to hang on him, who sai.
Re: Concerns Mount Over Disbursement Of El-rufai’s $350m World Bank Loan In Kaduna by Elusive001: 11:26am On May 09, 2025
saintmm:
See strategy. Since he's a social media man, they want to demarket him first on that same social media by exposing his ill-doings and shame him to hiding and irrelevance before unleashing efcc on him and later charge him to court from there, you can guess the rest of the story
I wonder why they have not done the same.to Peter Obi. It seems that they have not found any grounds to accuse him. That's why the hatr him too much.
Re: Concerns Mount Over Disbursement Of El-rufai’s $350m World Bank Loan In Kaduna by gigabyte13: 11:29am On May 09, 2025
Na the El Rufai dey lead the oppositions wey other mugus dey queue behind am.
Mugussssssssssss
Re: Concerns Mount Over Disbursement Of El-rufai’s $350m World Bank Loan In Kaduna by jattopeter(m): 12:09pm On May 09, 2025
AdesegunSanni89:
How will Uba Sani do much when El-Rufai has already mortgaged the future of the state. Most of their resources now go to repaying debt and interest courtesy of El-Rufai loans.
Funny enough , He is now forming saint. Mallam El Rufai , his tenure was more of manipulation to delivering of dividends of democracy to his people.
Re: Concerns Mount Over Disbursement Of El-rufai’s $350m World Bank Loan In Kaduna by Abaki5: 12:39pm On May 09, 2025
Thiefobi1:
Obi/El rufai 2027 grin grin grin grin grin.


Corruption/corruption ticket.
This one well dey rule dey corruptless abi
Just dey mumu urself in the name of tribalism
Time shall tell
Re: Concerns Mount Over Disbursement Of El-rufai’s $350m World Bank Loan In Kaduna by Glitcher: 2:51pm On May 09, 2025
And this loan will be paid back by the wealth of the Niger Delta, the injustice of Nigeria. The Niger deltans need to start becoming aware of their suffering and hold their leaders accountable.
Re: Concerns Mount Over Disbursement Of El-rufai’s $350m World Bank Loan In Kaduna by frog12: 4:28pm On May 09, 2025
i don't know why they are taking too long

ivandragon:
It has begun. El-rufia should be probed.

If you do not want to be witch hunted, don't hang out in covens...
Re: Concerns Mount Over Disbursement Of El-rufai’s $350m World Bank Loan In Kaduna by AbuAeesha: 7:45pm On May 09, 2025
ivandragon:
It has begun. El-rufia should be probed.

If you do not want to be witch hunted, don't hang out in covens...
Lolz
Come to Kaduna and see what Elrufai did
Re: Concerns Mount Over Disbursement Of El-rufai’s $350m World Bank Loan In Kaduna by ivandragon: 1:05am On May 10, 2025
AbuAeesha:
Lolz
Come to Kaduna and see what Elrufai did
Then he should have no qualms about being probed and asked to account for the $350m.
Re: Concerns Mount Over Disbursement Of El-rufai’s $350m World Bank Loan In Kaduna by saintmm(m): 6:41am On May 10, 2025
Elusive001:
I wonder why they have not done the same.to Peter Obi. It seems that they have not found any grounds to accuse him. That's why the hatr him too much.
They are all political strategist. Every one wants power. There's a special assignment reserved for Obi and that's to split votes. The only way Obi will not be useful in that regard is for him not to contest or run on a platform of coalition, anything outside that tool, he's a useful tool in their hand and he will be settled, forget about all those SM noise.
Very soon some staunch ally of Pa Tinubu will start decamping to pick forms in other parties just to split votes of the opposition. OBJ did the same it was Jonathan that allowed coalition under his watch and I shouted then.
So Pa Tinubu is using both strategies to ensure victory.
All politicians are the same. It's only technocrat I can give a little bit of consideration.
1 2 Reply

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