₦airaland Forum

disloman:
What you don't know,you will never know.If you want to learn,keep calm and swallow your pride.I will tell you what I mean.This is my last word with you.

babestella:
I am not sure what this man is doing?

Where is our Finance minister to evaluate the implications of all these loans being granted at this time when oil prices is all time low. We are further going deep into debt and tomorrow they will tell Nigerians how much we are owing WB.

I hope the loans are not being approved only for APC states? The other day it was Edo state, now Lagos, maybe next will be Katsina.

eaglechild:
I thought Lagos was self sufficient and can take care of itself.

What has APC done with the billions of naira worth of revenue it has been allegedly generating for the past 16 years.

I am really sorry for Nigeria by the time APC is done with us our debt profile will send us into slavery

babestella:
I am not sure what this man is doing?

Where is our Finance minister to evaluate the implications of all these loans being granted at this time when oil prices is all time low. We are further going deep into debt and tomorrow they will tell Nigerians how much we are owing WB.

I hope the loans are not being approved only for APC states? The other day it was Edo state, now Lagos, maybe next will be Katsina.

World Bank Approves US$200 Million to Improve Public Finance and Investment Climate in Lagos
June 26, 2015



This operation is designed to assist Lagos State in its quest to continue its recent success in spite of the challenges brought on by rapid economic and population growth” says Marie Francoise Marie-Nelly, World Bank Country Director for Nigeria. “As an urban agglomeration that has reduced income inequality during double digit economic growth, Lagos is an example of inclusive growth in Nigeria. If the Lagos experience is sustained, there is strong potential for this type of inclusive growth to spread to other parts of Nigeria.

http://www.worldbank.org/en/news/press-release/2015/06/26/world-bank-approves-us200-million-to-improve-public-finance-and-investment-climate-in-lagos

Sveen:
http://www.punchng.com/news/buhari-seeks-500m-loan-for-lagos-diaspora-bond/

Firefire:
Buhari why ?

Two things are involved.

1. You are either paying back in style the money invested in your campaign or
2. You are attempting to redeem your image as a result of your evil deed during Pa Lateef Jankande era of you cancelling Lagos rail project.

However, the debt profile of Lagos state is getting too high, The highest debtor in Nigeria (both domestic and foreign) Lagos is now highly geared; don't tell me the Gearing Ratio is healthy compare to its liquidity.

Mortgaging our future generation must stop.

N160bn World Bank Loan on Light Rail Project and rail still in slow motion from Canada after 7 years of Fashola inspection.

Lagos EKO Secondary School Project Loan of $137 Million USD has no impact - Gone into tin air.

The school loan was followed by an approval of additional $200m to the state by World Bank to support the state reforms pertaining to fiscal sustainability, budget planning, budget execution and the investment climate.

All this Millions of Dollars Loans, Bonds and several other facilities despite the state high IGR which covers about 70% of its annual budget without recording what accrue to the state for the federation accounts.

Something is wrong and my people are not asking questions.

aresa:
Delta State



Illiterate biafra villager. @ N700 Billion, small Delta state owe N200 Billion more than Lagos state.

And while I can show you what Lagos state did with their debt, you can not show me what Delta state did with even 1 kobo of their N700 Billion debt..


You biafra villages have debts too, but you can not show us what they did with their debts..


You biafra losers really should spend more time worrying about your worthless and backward villages instead of spewing ignorance and tales on the internet...

aresa:
This is a world bank loan already approved for Lagos state back in June and not your FG money.

You villages really need to learn before exposing your ignorance on the internet..

Btw, your villages have debts too with nothing to show for it, but it doesn't bother you, only other people's wahala keeps you losers up at night...

basilo101:
South West is now totally insolvent, the only state saving its image is about to plunge into debt. Thief.nubus account balance is about to thriple

christinie:
Tinubu is recouping his investment.



APC is working.



You are highly welcome to change please.

Firefire:
Aresa, I don't own you any explanation to tell you I am NOT from the East, btw. I am very proud to associate with any tribe in Nigeria.

If your bigotry has blinded you to classify everyone who castigate the inhuman policies of our leaders as Biafra, then sorry for you.

For the last time, Omo Odua ni mi tokan-tokan and nothing else. Let that sink into your skull.

ACN turned APC rule of Lagos for sixteen years is a complete waste and the BIGGEST FRAUD in Africa.

I see you benefitted from the last administration of Tunde Fashola as a professional...I believe you worked for it?

Cc: Ajepako

aresa:
[s][/s]



Please shut your your lying and hypocritical mouth up claimed Lagos state has the highest debt in Nigeria when in fact Delta state has the highest debt in Nigeria by far at N700 billion. That's N200 billion more than lagos's debt.

So, shouldn't you be more concerned about Delta PDP sate than Lagos state?

You clowns are nothing but illiterates, lairs and bigots...

Get some education before posting on the internet..

Firefire:
You see your life?

Wetin concern Delta state with the topic of this thread?

Moreover, wetin concern my agbero with overload. Ki lo kan lemomu pelu itan aja ? Astaghfirullah

I beg be objective for once, open your mind and see that your children's future is being mortgaged for the next 50 years.

aresa:
Olodo, this is about your lies that Lagos state has the highest debt when in fact Delta has the highest at N700 billion, N200 billion more than Lagos state.

This is about your dumb, ignorant and illiterate lies.

Learn and educate yourself before spewing dumb and idiotic ignorant rubbish.

Oponu, don't worry about my future, worry about your own future, your own children and the rest of you worthless and backward biafra villages...

opineflu:
Payback

Firefire:
You have lost tourch with reality.

So sad. Pele ti -

disloman:
Wowwwww.I believe n know this amount will be spent on what it is meant for.If na under gej's regime,believe mi.That will be the last time you heard about it.

DickDastardly:
Kestohate come and relate this to tribe ........ Foooooool!

Firefire:
Buhari why ?

Two things are involved.

1. You are either paying back in style the money invested in your campaign or
2. You are attempting to redeem your image as a result of your evil deed during Pa Lateef Jankande era of you cancelling Lagos rail project.

However, the debt profile of Lagos state is getting too high, The highest debtor in Nigeria (both domestic and foreign) Lagos is now highly geared; don't tell me the Gearing Ratio is healthy compare to its liquidity.

Mortgaging our future generation must stop.

N160bn World Bank Loan on Light Rail Project and rail still in slow motion from Canada after 7 years of Fashola inspection.

Lagos EKO Secondary School Project Loan of $137 Million USD has no impact - Gone into tin air.

The school loan was followed by an approval of additional $200m to the state by World Bank to support the state reforms pertaining to fiscal sustainability, budget planning, budget execution and the investment climate.

All this Millions of Dollars Loans, Bonds and several other facilities despite the state high IGR which covers about 70% of its annual budget without recording what accrue to the state for the federation accounts.

Something is wrong and my people are not asking questions.

Firefire:
Aresa, I don't own you any explanation to tell you I am NOT from the East, btw. I am very proud to associate with any tribe in Nigeria.

If your bigotry has blinded you to classify everyone who castigate the inhuman policies of our leaders as Biafra, then sorry for you.

For the last time, Omo Odua ni mi tokan-tokan and nothing else. Let that sink into your skull.

ACN turned APC rule of Lagos for sixteen years is a complete waste and the BIGGEST FRAUD in Africa.

I see you benefitted from the last administration of Tunde Fashola as a professional...I believe you worked for it?



Kii se gbogbo ime leyan ma woju e jare

Sha fi ogbeni aburo maalu yen sile

Je ko ma pariwo bi imeh ileya..

Cc: Ajepako