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N338b Loans For Ekiti, Oyo, Kwara, Ondo, Osun, Others - Politics (3) - Nairaland

Nairaland ForumNairaland GeneralPoliticsN338b Loans For Ekiti, Oyo, Kwara, Ondo, Osun, Others (17226 Views)

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Re: N338b Loans For Ekiti, Oyo, Kwara, Ondo, Osun, Others by BJ4REEL(m): 10:27am On Aug 31, 2015
hassan85:
OMG!!!!!! kogi state #50billionhuh?? and election is November? please don't give d state government dt money. both d seating gov and d next gov will elope with dt money. 50billion? and osun just 34billion? u see and people are killing arebesola instead of wada for killing Kogi State!
I really wish they can hold on with the loan for kogi untill after elections, if not that disaster of a governor will surely use the money for his election.
Re: N338b Loans For Ekiti, Oyo, Kwara, Ondo, Osun, Others by IbokUtoroh(m): 10:33am On Aug 31, 2015
PassingShot:
They say he hasn't achieved anything, yet he has excelled where GEJ failed.

These states have been in comatose since GEJ's time and he couldn't find a way to solve the problems despite having Harvard schooled ministers in his team.

PMB has again succeeded in alleviating the economic woes of the states workers especially by granting long term loan at a single digit interest rate.

We can only imagine what additional economic benefits this injection of massive cash will do to the economy.
fraudulently alleviating the economic woes of thieves n corrupt politicians.
Hw did they squandered their share of allocations n free oyel money?
Wasnt he suppose to first constitute a panel to check how the states involved managed their resources n allocations accrued to them?
He hurriedly approve bailout cos he they used state funds to bankroll his election campaign.
Hv u check d conditions of the loan?
U r like obasanjo, an economic illiterate.
Re: N338b Loans For Ekiti, Oyo, Kwara, Ondo, Osun, Others by IbokUtoroh(m): 10:35am On Aug 31, 2015
sammyj:
Even the fat mouth governor Fayose wany to benefit from this loan and will still come out against PMB! !!
who was his predecessor?
Re: N338b Loans For Ekiti, Oyo, Kwara, Ondo, Osun, Others by Bobbystanley(m): 10:39am On Aug 31, 2015
GentleToks:
Here this worthless igbo thing goes again....

You are as dumb as your progenitor called ugly Ojukwu.

Please, come to South West and North to see your obviously Igbotic-looking children in our schools on free education schemes. Who paid for their fees? Yorubas and Northeners' federal allocations while your region spend their allocation on Igbos only. Who is parasites here? Igbos of course.

Who paid for all these Igbos' teenagers sitting for O' level exams in South West and North? The westerners and Northerners commonwealth make this payment year in year out while Igbo states only pay for their fellow Igbos teenagers? Who is parasites here? Igbos of course.

You mischievously brought it to our attention that Anambra state wasn't on the list out 5 SE states but failed to tell us that Lagos state out of 6 states in SW is equally not on the list.

Who and who is parasite in this country? The answer to this question is obvious to foreigners in Nigeria. Igbos are the parasites and burden on other Nigerians.

It may interest you to know that you-Igbos are the parasites and unavoidable burden(For now and being fellow Nigerians) on other region of these countries. There are 1% total population of these following tribes in your pure, unrefined, uncosmopolitan and Igbotic region: Hausas, Fulanis, Yorubas, Itsekirris, Edos, Ijaws, Kanuris while 70% of your parasitic fellow Igbos are currently spread all over other regions as immigrants.

Western world has always made all attempt to deport as much immigrants as possible so as to avoid this type of parasitic situation that Igbos have brought on other regions of Nigeria by polluting these regions with their children and fellow village people.

What is the reason behind the deportation of immigrants(Igbos) from developed countries across the world is a question that needs to be addressed. The deportation of these immigrants is necessary so as to reduce the burden on their social infrastructure and other social amenities. If these developed countries could care so much about the adverse effect of immigrants on their economy, the adverse effects of Igbos' presence in all these regions could better be imagine...

As far as Oil is concerned in this country, only two states from South east produce the the smallest percentage of oil among all the oil producing states. Igbos tried to force Anambra state on Nigerians through the most tribalistic administration of all time just like Aguiyi Ironsi regime but thank God for our Okun brothers and sisters with their fellow Kogi state indegenes who fought these parasites to standstill.
You are pained

God will deliver you
Re: N338b Loans For Ekiti, Oyo, Kwara, Ondo, Osun, Others by IbokUtoroh(m): 10:44am On Aug 31, 2015
Fourwinds:
d stu..pid party was in power when all these debts were accumulating
so who will repay these loans?
Or will the loans varnish after buhari leaves power?
Is that not another accumulations acca' on the line?
So many economic illiterates in the house just like baba iyabo.
Re: N338b Loans For Ekiti, Oyo, Kwara, Ondo, Osun, Others by IbokUtoroh(m): 10:52am On Aug 31, 2015
PassingShot:
But the money is meant for backlog salaries owed their workers. Not for projects.

And repayment is deducted from their monthly allocation by the banks.
i thought u read d article.....
Go back n read the article...
The loan is to offset backlog of salaries n for projects.
Re: N338b Loans For Ekiti, Oyo, Kwara, Ondo, Osun, Others by adconline(m): 10:53am On Aug 31, 2015
PassingShot:
These states have being owing since the time of GEJ. Some of them since last year.

Unfortunately, the clueless man couldn't do anything about it despite having Havard schooled ministers in his cabinet.

What am I even saying? Did GEJ's govt not borrow to pay salaries in March and April 2015?
Stupidity inked on ur encephalon.. You should have been mad at ur governors for collecting monthly allocations and using them for personal use and elections.. We are making double payment on debt that should never been incurred if governors were prudent as FG and a few other states. Mind you that states collected about N48 out of every N100 shared with FG.
Also, this borrowed money could have gone into a badly needed infrastructural development like highway, dam, school, hospital..
Finally this is a borrowed money and must be repayed and u have to factor in the time value of money and opportunity cost.
Re: N338b Loans For Ekiti, Oyo, Kwara, Ondo, Osun, Others by IbokUtoroh(m): 10:55am On Aug 31, 2015
M16:
Kogi State- 50 billion shocked. ekiti state- 9 billion, I thought Fayose says he doesnt owe
thr is fayemi n fayose.
One is the looter n predecessor the other the successor.
Re: N338b Loans For Ekiti, Oyo, Kwara, Ondo, Osun, Others by PassingShot(m): 10:58am On Aug 31, 2015
IbokUtoroh:
i thought u read d article.....
Go back n read the article...
The loan is to offset backlog of salaries n for projects.
"The CBN last week announced that it had approved that Deposit Money Banks (DMBs) lend money to requesting states to pay salary arrears owed their workers".
Re: N338b Loans For Ekiti, Oyo, Kwara, Ondo, Osun, Others by Fourwinds: 11:04am On Aug 31, 2015
IbokUtoroh:
so who will repay these loans?
Or will the loans varnish after buhari leaves power?
Is that not another accumulations acca' on the line?
So many economic illiterates in the house just like baba iyabo.
d debt won't vanish...Buhari has put it to them to be prudent now. banks have given them d money which d banks will continue to deduct from d state monthly allocation for d next 20 years. so if a state pays its debt within 3years... good for dat state. but d main priority here is dat workers must be paid deir allowances
Re: N338b Loans For Ekiti, Oyo, Kwara, Ondo, Osun, Others by NewsHub: 11:07am On Aug 31, 2015
fotadmowmend:
Osun no dey carry last courtesy Aregbese--- na dem stil take d highest . #onigbese buruku
It seems you didn't see Kogi state there!
Re: N338b Loans For Ekiti, Oyo, Kwara, Ondo, Osun, Others by adconline(m):
Fourwinds:
d debt won't vanish...Buhari has put it to them to be prudent now. banks have given them d money which d banks will continue to deduct from d state monthly allocation for d next 20 years. so if a state pays its debt within 3years... good for dat state. but d main priority here is dat workers must be paid deir allowances
Oh wait, their states will be resnponsible for the loans for 20 yrs because of their financial rascalityhuh
Re: N338b Loans For Ekiti, Oyo, Kwara, Ondo, Osun, Others by porka: 11:08am On Aug 31, 2015
"Some of the conditions for accessing the loan include:

resolutions of the State Executive Council authorising the borrowing;"


[size=13pt]Osun State does not have a state executive council, will the banks waive this condition for them?[/size]
Re: N338b Loans For Ekiti, Oyo, Kwara, Ondo, Osun, Others by Fourwinds:
adconline:
Oh wai, their states will be resnponsible for the loans for 20 yrs because of their financial rascalityhuh
dats d problem with our politicians. they plondered their state financially.
Re: N338b Loans For Ekiti, Oyo, Kwara, Ondo, Osun, Others by IBBG(m): 11:29am On Aug 31, 2015
that's an indirect way of CBN telling us it is printing money out of thin air to bail out the states. we'll pay back thru inflation.
fiat currency is simply worthless. just a paper with ink on it for different denomination.
Re: N338b Loans For Ekiti, Oyo, Kwara, Ondo, Osun, Others by idros4real: 11:34am On Aug 31, 2015
Seriously, people are viewing things from different angle which is normal. But come to think of it, Benue we knew Suswan sucks that state dry, but Osun and Kogi getting above 30 and 50 billion is something to reckon with. I will like to hear peoples opinion on the figures. Thanks.
Re: N338b Loans For Ekiti, Oyo, Kwara, Ondo, Osun, Others by khalifjgusau(m): 11:42am On Aug 31, 2015
Is the disparity showing the level of each state indebtness? Pls reply.
Re: N338b Loans For Ekiti, Oyo, Kwara, Ondo, Osun, Others by basilo101: 12:00pm On Aug 31, 2015
apart from No man's Land, the rest of SW are borrowing and a region by region breakdown show that they borrowed highest. They only thrive on propaganda but wen any reliable data drops they are always behind
Re: N338b Loans For Ekiti, Oyo, Kwara, Ondo, Osun, Others by Richness1104: 12:16pm On Aug 31, 2015
Civil servants in kwara state have started receiving their 2 months unpaid allowance. Yipee eeeeee eeeeee, na to eat better food ooooooo
Re: N338b Loans For Ekiti, Oyo, Kwara, Ondo, Osun, Others by charlso1(m): 12:35pm On Aug 31, 2015
It is not about the loan but what will they use it for? Let the money be accounted for.

We have to pray for this our beloved country for God's intervention. Anyway, if you want to know how to be your own boss, download my 51 free eBook titled "Fiverr Lazy Man's Blueprint" now.
Re: N338b Loans For Ekiti, Oyo, Kwara, Ondo, Osun, Others by Nobody: 12:38pm On Aug 31, 2015
WHAT HAPPENED TO BUHARI1'S BAIL OUT FUND?
Re: N338b Loans For Ekiti, Oyo, Kwara, Ondo, Osun, Others by fineguy11(m): 12:44pm On Aug 31, 2015
Proudly an #akwaibomite. If paying workers salaries/entitlements is the only achivement of akapbio,then he try small...udom shld try as much as possible to tackle the flood problems in urban centers...
Re: N338b Loans For Ekiti, Oyo, Kwara, Ondo, Osun, Others by thewarrior72: 1:22pm On Aug 31, 2015
GentleToks:
Here this worthless igbo thing goes again....

You are as dumb as your progenitor called ugly Ojukwu.

Please, come to South West and North to see your obviously Igbotic-looking children in our schools on free education schemes. Who paid for their fees? Yorubas and Northeners' federal allocations while your region spend their allocation on Igbos only. Who is parasites here? Igbos of course.

Who paid for all these Igbos' teenagers sitting for O' level exams in South West and North? The westerners and Northerners commonwealth make this payment year in year out while Igbo states only pay for their fellow Igbos teenagers? Who is parasites here? Igbos of course.

You mischievously brought it to our attention that Anambra state wasn't on the list out 5 SE states but failed to tell us that Lagos state out of 6 states in SW is equally not on the list.

Who and who is parasite in this country? The answer to this question is obvious to foreigners in Nigeria. Igbos are the parasites and burden on other Nigerians.

It may interest you to know that you-Igbos are the parasites and unavoidable burden(For now and being fellow Nigerians) on other region of these countries. There are 1% total population of these following tribes in your pure, unrefined, uncosmopolitan and Igbotic region: Hausas, Fulanis, Yorubas, Itsekirris, Edos, Ijaws, Kanuris while 70% of your parasitic fellow Igbos are currently spread all over other regions as immigrants.

Western world has always made all attempt to deport as much immigrants as possible so as to avoid this type of parasitic situation that Igbos have brought on other regions of Nigeria by polluting these regions with their children and fellow village people.

What is the reason behind the deportation of immigrants(Igbos) from developed countries across the world is a question that needs to be addressed. The deportation of these immigrants is necessary so as to reduce the burden on their social infrastructure and other social amenities. If these developed countries could care so much about the adverse effect of immigrants on their economy, the adverse effects of Igbos' presence in all these regions could better be imagine...

As far as Oil is concerned in this country, only two states from South east produce the the smallest percentage of oil among all the oil producing states. Igbos tried to force Anambra state on Nigerians through the most tribalistic administration of all time just like Aguiyi Ironsi regime but thank God for our Okun brothers and sisters with their fellow Kogi state indegenes who fought these parasites to standstill.
Hello, sophisticated dumb, if not for ur illiteracy, u would've factored that the parents of those igbo kids in public schools pay their tax & levies to ur useless governments, & should I remind u also that the quantity of oil produced by the 2 state is much more than the allocation given to the entire region.
Re: N338b Loans For Ekiti, Oyo, Kwara, Ondo, Osun, Others by Nature129(m): 1:31pm On Aug 31, 2015
PassingShot:
They say he hasn't achieved anything, yet he has excelled where GEJ failed.

These states have been in comatose since GEJ's time and he couldn't find a way to solve the problems despite having Harvard schooled ministers in his team.

PMB has again succeeded in alleviating the economic woes of the states workers especially by granting long term loan at a single digit interest rate.

We can only imagine what additional economic benefits this injection of massive cash will do to the economy.
Re: N338b Loans For Ekiti, Oyo, Kwara, Ondo, Osun, Others by shidof(m): 1:51pm On Aug 31, 2015
Bobbystanley:
And almost all are Yoruba states.

All they do is borrow. They produce nothing.

But their representatives here on Nairaland would come and condemn other tribes.

If Nigeria should break up today, Na una go suffer Pass.

I didnt see Anambra on that list. Instead of owing workers, they increase their salaries.

Anambra adigo nma
open ur eyes and check well, Wat about ol d remaining south eastern states and if u can see well,Lagos is not in d list also. Bigot
Re: N338b Loans For Ekiti, Oyo, Kwara, Ondo, Osun, Others by Nobody: 4:22pm On Aug 31, 2015
GentleToks:
Here this worthless igbo thing goes again....

You are as dumb as your progenitor called ugly Ojukwu.

Please, come to South West and North to see your obviously Igbotic-looking children in our schools on free education schemes. Who paid for their fees? Yorubas and Northeners' federal allocations while your region spend their allocation on Igbos only. Who is parasites here? Igbos of course.

Who paid for all these Igbos' teenagers sitting for O' level exams in South West and North? The westerners and Northerners commonwealth make this payment year in year out while Igbo states only pay for their fellow Igbos teenagers? Who is parasites here? Igbos of course.

You mischievously brought it to our attention that Anambra state wasn't on the list out 5 SE states but failed to tell us that Lagos state out of 6 states in SW is equally not on the list.

Who and who is parasite in this country? The answer to this question is obvious to foreigners in Nigeria. Igbos are the parasites and burden on other Nigerians.

It may interest you to know that you-Igbos are the parasites and unavoidable burden(For now and being fellow Nigerians) on other region of these countries. There are 1% total population of these following tribes in your pure, unrefined, uncosmopolitan and Igbotic region: Hausas, Fulanis, Yorubas, Itsekirris, Edos, Ijaws, Kanuris while 70% of your parasitic fellow Igbos are currently spread all over other regions as immigrants.

Western world has always made all attempt to deport as much immigrants as possible so as to avoid this type of parasitic situation that Igbos have brought on other regions of Nigeria by polluting these regions with their children and fellow village people.

What is the reason behind the deportation of immigrants(Igbos) from developed countries across the world is a question that needs to be addressed. The deportation of these immigrants is necessary so as to reduce the burden on their social infrastructure and other social amenities. If these developed countries could care so much about the adverse effect of immigrants on their economy, the adverse effects of Igbos' presence in all these regions could better be imagine...

As far as Oil is concerned in this country, only two states from South east produce the the smallest percentage of oil among all the oil producing states. Igbos tried to force Anambra state on Nigerians through the most tribalistic administration of all time just like Aguiyi Ironsi regime but thank God for our Okun brothers and sisters with their fellow Kogi state indegenes who fought these parasites to standstill.
1.u are a fuul
2.Igbo's are know to b hardworking unlike ur brothers dat await federal government for anything
3.no tribe can b bless like d Igbo tribe because we dominate everywhere we go
4.free education in ur states is political motivated, check d list of best WAEC student in d past four years,most of dem are Igbo's from Igbo speaking states
Re: N338b Loans For Ekiti, Oyo, Kwara, Ondo, Osun, Others by Ayopercent(op): 4:34pm On Aug 31, 2015
http://www.ngrguardiannews.com/2015/08/imo-inaugurates-panel-on-bailout-salary-arrears/
Other states owning their workers should quickly do d needful.
Re: N338b Loans For Ekiti, Oyo, Kwara, Ondo, Osun, Others by Chuksxyview(m): 4:45pm On Aug 31, 2015
Lets remember that the past federal govt was never the cause of this high-level indebtedness. Its a case of mismanagement of funds by the state govt,pls no blaming of the past fed govt on this because it never owed the state. Good move though from the current fed,at least to rescue the suffering masses who are the core sufferers of the mismanagement.
Re: N338b Loans For Ekiti, Oyo, Kwara, Ondo, Osun, Others by alabi826(m): 9:26pm On Aug 31, 2015
[color=#990000][/color]OSUN pls pay up as soon as possible ooo
Re: N338b Loans For Ekiti, Oyo, Kwara, Ondo, Osun, Others by ayrahmon: 10:12pm On Aug 31, 2015
I tries hard to remember who pop is before i recollected that his somne is L olly. What does lolly pop know than to pop cjampagne
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