Despite Over-borrowing By N1.54trn, FG Implements Only 17.66% Of Capital Project - Politics (3) - Nairaland
Nairaland Forum › Nairaland General › Politics › Despite Over-borrowing By N1.54trn, FG Implements Only 17.66% Of Capital Project (6187 Views)
| Re: Despite Over-borrowing By N1.54trn, FG Implements Only 17.66% Of Capital Project by Emzedz: 7:42pm On May 29 |
Useless tinibu can't escape a coup if this was a military regime cos this corruption stinks to high heavens |
| Re: Despite Over-borrowing By N1.54trn, FG Implements Only 17.66% Of Capital Project by themanderon: 7:42pm On May 29 |
I don't know what you guys are bothering yourselves for. I told you you will see all these missing monies during next year's snatch, grab and run operations . |
| Re: Despite Over-borrowing By N1.54trn, FG Implements Only 17.66% Of Capital Project by villagereporter(m): 7:44pm On May 29 |
dre11:When we say Tinubu is an armed robber cum gbéwíri and òdàlè they tot we just hate him for nothing but everyone can now see say olóribú ni Tinubu. |
| Re: Despite Over-borrowing By N1.54trn, FG Implements Only 17.66% Of Capital Project by Kukutente23: 7:52pm On May 29 |
stepaside1:If we're to go by your figures then even the non- oil target was not met because it was set at 25trn and you're here telling us total revenue was 11trn yet to said just two mentions back that he was referring to non- oil which means you joined him to tell lies. The fact is that oil revenue is largely unaccounted for by this administration because they are blurring the line between non- oil and oil revenue so as to push more money to states and buy loyalties of the govs. That's why they are claiming revenue had tripled yet the MDAs are poorly funded while govs are smiling out of FAACs In summary, what were witnessing is gbajue economics where you rid the people of buffers and use the proceeds to pamper looting govs who are now creating a large mass of poverty ridden citizens who become dependent on them for handouts |
| Re: Despite Over-borrowing By N1.54trn, FG Implements Only 17.66% Of Capital Project by gaskiyamagana: 7:56pm On May 29 |
Olukat:A P olluted Commentator |
| Re: Despite Over-borrowing By N1.54trn, FG Implements Only 17.66% Of Capital Project by koladata(m): 7:56pm On May 29 |
That's not the point. Be honest, would you have thought he would perform the least anonimi: |
| Re: Despite Over-borrowing By N1.54trn, FG Implements Only 17.66% Of Capital Project by Jayhome24: 8:00pm On May 29 |
Una just like making noise creating fake news with fake links. Provide evidence of your statistics let's go for verification. The FG borrowed yes, but pls is it new for any country to borrow and every day the FG kept given update as the debt are being serviced the world bank, IMF, EU are testifying to it so what the hell are you talking? I can't blame many of you cus you never run business on loan for you to understand how hard to run the show takless of empty country with uncountable challenges. Today we are in total darkness the same man who swallowed $16billion electrification loan with his gang, same man is the biggest importer of generator in Nigeria as at today, same man is the one you all calling best for 2027, una dey play.. You should all go to court we will meet you there. Nobsense talk... 4+4=8 even as it is it will be 4+4= 12 or 16 and you can't do anything about it... |
| Re: Despite Over-borrowing By N1.54trn, FG Implements Only 17.66% Of Capital Project by Blunt99: 8:04pm On May 29 |
If the 17% is correct, it is still substandard. |
| Re: Despite Over-borrowing By N1.54trn, FG Implements Only 17.66% Of Capital Project by timbabng(m): 8:13pm On May 29 |
The headline is meant to be alarming because they know most Nigerians are educated illiterates. A big chunk of the borrowing was multilateral/bilateral loans. These are project-tied borrowing, so the money may have been approved or drawn down, but projects haven’t yet reached the disbursement stage. The report also said the budget line for those project-tied loans recorded “zero spending” during the period reviewed, which means the money has not been spent! Why can't Nigerians read information available online by themselves?!! The only concern here is that implementation is slow, majorly because of bureaucracy! |
| Re: Despite Over-borrowing By N1.54trn, FG Implements Only 17.66% Of Capital Project by ade4real2016: 8:23pm On May 29 |
Balance don go to 2027 Election preparation nah...97% of cabinet members of this administration will end up in jail if d outcome of 2027 elections goes wrong... |
| Re: Despite Over-borrowing By N1.54trn, FG Implements Only 17.66% Of Capital Project by udemzyudex(m): 8:38pm On May 29 |
Tag Mr Bayo to this. |
| Re: Despite Over-borrowing By N1.54trn, FG Implements Only 17.66% Of Capital Project by anonimi: 8:40pm On May 29 |
koladata:Yes, I know him well enough to understand that he’s empty in governance but excellent in politics of the greedy, tribalistic Nigerian kind. You can go through the 36 pages of the thread below to see what I mean. https://www.nairaland.com/2121046/apc-matters-pictures |
| Re: Despite Over-borrowing By N1.54trn, FG Implements Only 17.66% Of Capital Project by anonimi: 8:42pm On May 29 |
timbabng:Do you think that you are the only person who is smart ![]() |
| Re: Despite Over-borrowing By N1.54trn, FG Implements Only 17.66% Of Capital Project by AdUlAM(m): 8:44pm On May 29 |
Op you are very funny I don't know what you expecting from a man who has continued to loot the treasury of his state since 1999 dre11: |
| Re: Despite Over-borrowing By N1.54trn, FG Implements Only 17.66% Of Capital Project by olabrad: 9:05pm On May 29 |
OgaTheTop2:Simplyseyi, may your life represent what Nigeria's security represent under tinubu! |
| Re: Despite Over-borrowing By N1.54trn, FG Implements Only 17.66% Of Capital Project by MusaChukwudi: 10:11pm On May 29 |
Emzedz:Stark illiteracy is bad honestly. It causes misreading of analysis and report. |
| Re: Despite Over-borrowing By N1.54trn, FG Implements Only 17.66% Of Capital Project by Leepeak(m): 10:18pm On May 29 |
Dey called him a bad man with good intentions |
| Re: Despite Over-borrowing By N1.54trn, FG Implements Only 17.66% Of Capital Project by Osariemen12: 10:58pm On May 29 |
The rest might be used for party politics. If Obi wins, many of the people in power today might go to jail. |
| Re: Despite Over-borrowing By N1.54trn, FG Implements Only 17.66% Of Capital Project by DrSamOnowu87(m): 11:35pm On May 29 |
Useless old full,grand masters of looters. A certified thief. |
| Re: Despite Over-borrowing By N1.54trn, FG Implements Only 17.66% Of Capital Project by stepaside1: 3:40am On May 30 |
timbabng:It is way beyond their mental capacities and ability to understand. You wonder why one even bothers to respond or engage as all you get are insults. |
| Re: Despite Over-borrowing By N1.54trn, FG Implements Only 17.66% Of Capital Project by Auki: 4:09am On May 30 |
Voted for Tunibu but I am really disappointed not with his policies but utilisation of the proceeds. Far from a transparent regime. |
| Re: Despite Over-borrowing By N1.54trn, FG Implements Only 17.66% Of Capital Project by DesireV: 7:44am On May 30 |
olabrad:the man with a religion that encourages cursing, deceit, and evil. Welldone doing what you know how to do best |
| Re: Despite Over-borrowing By N1.54trn, FG Implements Only 17.66% Of Capital Project by EmekaBlue(m): 7:56am On May 30 |
Only if Nigerians know the millions of dollars individuals at the elites are packing and stocking for themselves! So unfortunate the people of Nigeria |
| Re: Despite Over-borrowing By N1.54trn, FG Implements Only 17.66% Of Capital Project by kunle4toyeyaho: 8:03am On May 30 |
OgaTheTop2:My family and I will vote Tinubu if the opportunity arises again. Why believing all this purveyors of bad news about our great country - Nigeria? When they report the shortcomings of the president,they should also report his success? A president that offset $5billion FX backlog,raised foreign reserve from net -$3.99billion( according to JF Morgan's report) to about $50billion while still embarking on Capital projects, provides NELFUND for students to access cannot be called a failure. How can I see Tinubu on the ballot and vote a man who as a Governor could not solve erosion problem for 8years? |
| Re: Despite Over-borrowing By N1.54trn, FG Implements Only 17.66% Of Capital Project by sunnnnyuu(m): 8:28am On May 30 |
dre11:Nigeria is in the hands of scammers as it's leaders |
| Re: Despite Over-borrowing By N1.54trn, FG Implements Only 17.66% Of Capital Project by Elusive001: 11:20am On May 30 |
LagbajaTheBEREAN: ![]() There defenders and there defenders. The green horns dey like show themselves: notice-me style. The veterans dey know when to hide under read-only mode. |
| Re: Despite Over-borrowing By N1.54trn, FG Implements Only 17.66% Of Capital Project by akaahs(m): 11:50am On May 30 |
Olukat:They have done their part. Remain yours to place how much has been expended on projects and its value so we can put them side by side for analysis. |
| Re: Despite Over-borrowing By N1.54trn, FG Implements Only 17.66% Of Capital Project by ELKHALIFAISIS(m): 3:27pm On May 30 |
Seyi will inherit billions in dollars after this one join his ancestors |
| Re: Despite Over-borrowing By N1.54trn, FG Implements Only 17.66% Of Capital Project by olabrad: 11:22pm On May 30 |
DesireV:You just perfectly described Islam since Islam represents cursing, deceit and evil 1. Cursing In Sahih Muslim 2603, your founder cursed a young girl for no reason. Your founder cursed the girl that she wouldn't grow into old age. Many of your Alfas curse for fun during their sermons! 2. Deceit In Quran 3:54 and Quran 8:44, your allllah called himself a deceiver. Also, many of your Islamic clerics liiie to deceive people about Islam. They also lie that Islam is religion of peace. Everyone knows that there is zero peace in Islam. 3. Evill In Sahih Muslim Hadith 2767, your allllah said he would use a Christian or Jew to replace a Muslim in he'll fir🔥. That's evil! In Sahih al-Bukhari 2926, your allllah said you should kpai Jews. That's very evil. Your founder kpaied 700 Jews in one day. He kpaid the husband and father of saffiya and converted her to his wife shortly after? That's very evil! So, words like Cursing, Deceit and Evil fully describe Islam! |
| Re: Despite Over-borrowing By N1.54trn, FG Implements Only 17.66% Of Capital Project by DesireV: 8:30am On May 31 |
olabrad:All these lies just to save your lieing ass. All what you typed are your words. Just like words of some random people were codified into the bible. You lie effortlessly ![]() You don't bring Islamic references in the manner you do in some fabricated religion. Quote the exact texts in Arabic, let's interpret it together. Orientalists are people like you and have devoted their lives to concort copy/paste stuffs in English for your likes. Don't forget English isn't your mother's tongue, you learnt it. Before you'll raise your usual next dumb line. Neither Paul nor Jesus spoke English. The real owner of Christianity made English its language ![]() It's understandable if you envy a divine religion with preserved scriptures. ![]() Islam is way beyond what every Dick, Tom, and Harry will put mouth in. ![]() |
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