Buhari Budgets N39.88 Billion For Oil Finding In The North,slashes N'delta Fund - Politics (2) - Nairaland
Nairaland Forum › Nairaland General › Politics › Buhari Budgets N39.88 Billion For Oil Finding In The North,slashes N'delta Fund (4743 Views)
| Re: Buhari Budgets N39.88 Billion For Oil Finding In The North,slashes N'delta Fund by freshvine(f): 8:01am On Dec 10, 2015 |
In other news he has earmarked 2 billion naira for the growing of rice in one of the northern state alone forgetting that Ebonyi and some part of cross river state are predominantly rice farmers. |
| Re: Buhari Budgets N39.88 Billion For Oil Finding In The North,slashes N'delta Fund by mekaboy(m): 8:04am On Dec 10, 2015 |
So what if oil is not found? What happens to the 38 billion? What happened to the billions already spent ? This is a way to set aside 38 billion from the budget for the north. How much has he set aside to explore for other resources in other parts of the country? Is the north the only explorable area? 1 Like |
| Re: Buhari Budgets N39.88 Billion For Oil Finding In The North,slashes N'delta Fund by DecemberIV: 8:14am On Dec 10, 2015 |
I tried not to respond, but you're too daft to ignore. So if a budget is doubled that means spending should be doubled on the same items in the budget? An increase in budget ideally should actually reflect lower or the same spending in recurrent expenditure (amnesty grants) and an increase in capital expenditure (projects). In your bigotry, you never realized how much you were exposing your ignorance. patrick89: |
| Re: Buhari Budgets N39.88 Billion For Oil Finding In The North,slashes N'delta Fund by DecemberIV: 8:19am On Dec 10, 2015 |
Oil has already been found in Lake Chad. tomakint:
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| Re: Buhari Budgets N39.88 Billion For Oil Finding In The North,slashes N'delta Fund by omenka(m): 8:19am On Dec 10, 2015 |
handie:You are wasting your time. We already know the modus operandi of the IPOD louts.  It is all about cajoling the Niger Deltans to go with them since they've been made to understand that blackmailing them (ND) using the support they (SE) gave Jonathan in the last election isn't gonna break the ice. They also now understand it would be foolhardy forcing the ND to join them in their imaginary utopia. Now they've resorted to using cheap gimmick like "look here, we love you guys, but Buhari hates you and that is why he's been investigation Jona's regime, and slashed ND development funds". They've also used silly tricks like "hey guys, if you join us, we aren't going to lord it over you even though we know you would be minorities. We'll give you 100% control over your resources- Nnamdi Kanu has assured you of that".  Daftest things I've ever heard my whole life.Their latest format in general is to make the people of the ND look like victims, the same way they've been shouting "victimization" even in their sleep. If that isn't the case, how else can one explain a situation in which several other expenditures had a slash but the op chose to pick on that of ND. Very convenient for them. Lastly, Mynd44, this thread does nothing but promotes hate, what most of these pro-biafrans wake up everyday to do on this forum. It is my suggestion that it be taken down. |
| Re: Buhari Budgets N39.88 Billion For Oil Finding In The North,slashes N'delta Fund by DopeBoiRapy(m): 8:42am On Dec 10, 2015 |
obailala:that money should be used to difersify our economy......we shuld build up our Agric n tourism n wild life sectors, these are sectors we can reap internal revenue from like other African countries who don't have oil....yet dis tyrant leader wants to waste d money on a futile endeavour..if u ask me dat man is trying to embezzle dat money in anticipation of biafra declaring herself as a sovereign nation. |
| Re: Buhari Budgets N39.88 Billion For Oil Finding In The North,slashes N'delta Fund by Atlantian: 9:10am On Dec 10, 2015 |
Spending such billions to find a commodity that sells less than $50 per barrel. What a slowpoke we have in Aso. |
| Re: Buhari Budgets N39.88 Billion For Oil Finding In The North,slashes N'delta Fund by patrick89(m): 9:20am On Dec 10, 2015 |
DecemberIV:see quota system logic! So if FG wants to double the budget, the ND commission should be singled, and reduced instead of increasing it, NB, the naira value has reduced, so if increasing budget only has to do with inclusion of northern agenda isn't clannish to then you're incorrigible! The budget is a very big mess! |
| Re: Buhari Budgets N39.88 Billion For Oil Finding In The North,slashes N'delta Fund by DecemberIV: 9:27am On Dec 10, 2015 |
You're myopic, illogical, semi-literate and ignorant. No offense. Who in the world ever wants to increase recurrent expenditure? Who in the world doesn't want to expand his revenue sources? Your bigotry and hatred for the North is tying up your brains. patrick89: |
| Re: Buhari Budgets N39.88 Billion For Oil Finding In The North,slashes N'delta Fund by TruthisGOD: 9:31am On Dec 10, 2015 |
ril19:Do u know how much that has been spent since 1970 in exploring oil in chad? Till date no productive trap has been found. The other day, we heard Kachikwu saying oil will be found in chad by December,where is the oil? Now another billions will be wasted after fruitless ones. |
| Re: Buhari Budgets N39.88 Billion For Oil Finding In The North,slashes N'delta Fund by mulattoclaro(m): 9:36am On Dec 10, 2015 |
If truly oil has been found in the north, then that's a welcome development. At least the north now has oil and those nyamiris cannot throw insults at them anymore by calling them parasites. |
| Re: Buhari Budgets N39.88 Billion For Oil Finding In The North,slashes N'delta Fund by ehissi(m): 9:42am On Dec 10, 2015 |
For those who don't know; there is actually Oil in the North! At least I am aware that there is oil in Sokoto!! What they just wanna know; that I guess they don't know is if it is in commercial quantity!! |
| Re: Buhari Budgets N39.88 Billion For Oil Finding In The North,slashes N'delta Fund by obailala(m): 9:58am On Dec 10, 2015*. Modified: 10:13am On Dec 10, 2015 |
tomakint: DopeBoiRapy:Let's stop being clever by half because of some unnecessary ethnic/regional bullshiit. A lot of oil is located beneath the Chad basin and Chad as a nation is an oil producer from the oil wells falling within their own section of the Chad basin. It takes common sense to know that if there is oil on one side of the Chad, there is likely to also be reserves on the other side too. It also takes quite a huge amount of money to locate oil reserves, NNPC also plunges billions into oil exploration yearly in the Niger delta and other areas till date and these billions spent in exploration is the reason why oil has now been found in the centre of Lagos and in Anambra and even Kogi state. Until Nigeria becomes an agricultural giant again, oil still remains our only meal ticket. That is not to say the government shouldnt spend on agricultural development. But suggesting that zero should be spent on further oil exploration is in my opinion, not a smart idea and such resentment to this idea could only be because you hear it is in the north and we have a northern president you hate. Quit all these rubbish rants. |
| Re: Buhari Budgets N39.88 Billion For Oil Finding In The North,slashes N'delta Fund by cmart09(m): 10:06am On Dec 10, 2015 |
I just hope the explorers would tell him there is plenty of oil that can last then for 600 years, this will make him free Biafrans. |
| Re: Buhari Budgets N39.88 Billion For Oil Finding In The North,slashes N'delta Fund by lagdmark(m): 10:11am On Dec 10, 2015 |
[quote author=googlepikin post=40856440]So buhari have no plan to diversify the economy.? We are still looking for oil. Instead of focusing on agriculture. I give up. Now I believe Buhari is up to something.[/quote PMB naa block head even OBJ and tinubu don give up 1 Like |
| Re: Buhari Budgets N39.88 Billion For Oil Finding In The North,slashes N'delta Fund by patrick89(m): 10:37am On Dec 10, 2015 |
DecemberIV:all these bold worded junks can't rescue you, there is no plausible point in your write up! You are obviously inherently-impish! So ND commission is now recurrent expenditure, but 36bilion budget to search for oil in dry land, bokoharam ridden north is not! Qouta system is functioning here..I give it to you, the dumbass one of africa! |
| Re: Buhari Budgets N39.88 Billion For Oil Finding In The North,slashes N'delta Fund by DecemberIV: 10:44am On Dec 10, 2015 |
So Amnesty grants are not recurrent expenditure? And oil prospecting is not capital expenditure? Better claim a refund from your 'school'. patrick89: |
| Re: Buhari Budgets N39.88 Billion For Oil Finding In The North,slashes N'delta Fund by wiseoneking: 11:44am On Dec 10, 2015 |
ExplorerReturns:Any Niger Delta or SS man that supports Nigeria is the greatest fool i ever known. The oil is entirely used to service the north yet some of them are even chanting change. |
| Re: Buhari Budgets N39.88 Billion For Oil Finding In The North,slashes N'delta Fund by patrick89(m): 11:50am On Dec 10, 2015 |
DecemberIV:see tozo nama! ND commission has a lot of capital projects they carry out, I don't expect you to understand this, cake brain, burn to ashes in your ignorance! You're as good as your cow dung! How dare you refer ND commission as a recurrent expenditure? What is the guarantee that the so called oil will be fruition? What if it doesn't come up? Who is going to be held responsible? Is this not an open waste? Have you finished selling the oil that's stockpiling at the shores? Nobody is interested in your oil, instead of the dullardin.ho to invest that billion into agriculture and human development, you are supporting him to embark on a try and luck game that had failed woefully in the past! Many reasons why I support abortion, because people like you should have been terminated! What a waste of space, is oil in lake Chad the biggest thing in north? How do you intend to protect the expertise that will be working there next year? Knowing fully well that bokoharam is still terrorising the region? |
| Re: Buhari Budgets N39.88 Billion For Oil Finding In The North,slashes N'delta Fund by DecemberIV: 12:21pm On Dec 10, 2015 |
Confused illiterate. The OP which I responded to specifically mentioned the Presidential Amnesty Programme and not any commission which handles capital projects. ExplorerReturns: patrick89: |
| Re: Buhari Budgets N39.88 Billion For Oil Finding In The North,slashes N'delta Fund by Nobody: 7:31pm On Dec 10, 2015 |
I can tell you that even if they find a single drop of oil in the north (wishful thinking), no sensible oil company would there to explore and produce it. Quote me anywhere |
| Re: Buhari Budgets N39.88 Billion For Oil Finding In The North,slashes N'delta Fund by MIKOLOWISKA: 10:37pm On Dec 10, 2015 |
patrick89:5 over 120=3~4% that's not slashing. How many oil de omambala river wey you know. National assembly with ibo and south south reps did not complain. When your man was there he was busy drinking ogogoro you were egging him on now youse grumbling. Na wa oh.na only you waka come.next time make hay while the sun shines |
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