₦airaland Forum

bigerboy200:
whoever takes Fayose seriously does that at his or her own risk..The guy is a political joke..wonder the sins we in Ekiti hav committed to deserve such kind of a clown as governor..

yes a clown governor who gives buari dullard sleepless nights.

I really need to see this Lere Olayinka of a guy. He's giving APC nightmares. He should be the next spokesperson for the PDP

whoever takes Fayose seriously does that at his or her own risk..The guy is a political joke..wonder the sins we in Ekiti hav committed to deserve such kind of a clown as governor..

MAY the gods manage your life the way Doladino is managing Nigeria Economy.

AfroKnight:
Lol. Nice fairytale. Kindly provide a credible source for the emboldened. Nollywood scriptwriter.

Former CBN governor, Charles Soludo, is my source.

This man needs to shut up. Fayose is almost as useless as jonathan, except that in his case he is an empty barrel making so much unnecessary noise!

For a man that proposed the lowest most unproductive budget in Nigeria's history, he needs to just shut up.

Voice of the truth to salvage and alleviate the poor mindset of deceived gullible Nigerians from believing the falsehood of this government.

Eze Ndigbo of Ekiti Land

plaetton:
Not exactly sir.

GEJ government came up with the plan, but on critical expert analysis, they realised that it would immediately choke the banking sector and the economy to near death.
Therefore, they decided to keep on hold, while trying to figure a better way to harmonize FG accounts without choking the economy.

Then General clueless stepped in, impervious to economic common sense, pushed the TSA forward, completely oblivious of the immediate economic implications.

God bless you and your entire generation. If them never mention GEJ, their talk no go complete. Did any of the idiiots ever wonder why it was not implemented? Hahaha, Jona is not the most clueless after all.

No TSA no bailout

When GEJ was ther all parties accepted to work. Can ekiti work without FG. A state without anything, only allocation. Fayose should stop all this talk and focus on building a mega state. We are tired of comments......WORK!WORK!WORK

plaetton:
Not exactly sir.

GEJ government came up with the plan, but on critical expert analysis, they realised that it would immediately choke the banking sector and the economy to near death.
Therefore, they decided to keep on hold, while trying to figure a better way to harmonize FG accounts without choking the economy.

Then General clueless stepped in, impervious to economic common sense, pushed the TSA forward, completely oblivious of the immediate economic implications.

hahahahahhaha..devil dey learn from una...cha!!! see lie from deep deep pit of hell

plaetton:
Not exactly sir.

[b]GEJ government came up with the plan, but on critical expert analysis, they realised that it would immediately choke the banking sector and the economy to near death.
[/b]Therefore, they decided to keep on hold, while trying to figure a better way to harmonize FG accounts without choking the economy.

Then General clueless stepped in, impervious to economic common sense, pushed the TSA forward, completely oblivious of the immediate economic implications.

Where is your source sir?

[[s]quote author=plaetton post=43085305]

Not exactly sir.

GEJ government came up with the plan, but on critical expert analysis, they realised that it would immediately choke the banking sector and the economy to near death.
Therefore, they decided to keep on hold, while trying to figure a better way to harmonize FG accounts without choking the economy.

Then General clueless stepped in, impervious to economic common sense, pushed the TSA forward, completely oblivious of the immediate economic implications.[/quote][/s]

TRASH!

I shudder to think that these are the people who claim to be leaders of the future. Smh

Choke the banks how How can government lodge its funds in commercial banks then still go back to the same commercial banks to borrow the same funds with huge interest rates on it. Its broad daylight robbery. Something jonathan's regime was well known for!

FAYOSE Alaseju baba asete . Pa Daura is too gentle,Wish nah Obj/Abacha dis man dey attacked left/right,e for don hear am tay tay.Continue ooo

espn:
stop twisting facts.. show us a post where they claimed to have put the TSA on hold because of its immediate implication on the economy..Please provide a link to ur claim

But did u read PMB statement said GEJ did not implement it. What could be the reason? Because it won't work. Imagine huge revenue coming from different sectors on daily basis into a single account. How do u check d details to d root. Whatever revenue a sector claimed it generated would b taken. I giv more explanation on dis.

This guy is beginning to talk too much..

this man don dey mad,
he is just talking anyhow.
abi he dey smoke weed ni.

espn:
stop twisting facts.. show us a post where they claimed to have put the TSA on hold because of its immediate implication on the economy..Please provide a link to ur claim

But did u read PMB statement said GEJ did not implement it. What could be the reason? Because it won't work. Imagine huge revenue coming from different sectors on daily basis into a single account. How do u check d details to d root. Whatever revenue a sector claimed it generated would b taken. I can giv more explanation on dis.

plaetton:
From an economic point of view, there are no benefit at all.
But From a propaganda point of view, the benefits are msny.
Firstly, you can always thump your chest that you saved such and such, which on critical analysis, is a lie.

First, taking out 2trillion naira from the banking sector in one swoop is economic stupidity. Banks , and by extension, the economy needs that float both as a reserve cushion as well as a steady lubricant for the creation and expansion of credit, the engine for economic activities and growth.

By taking such monies from banks, where they earned interests for the government, and fees for the banks, the clueless government did the equivalent of turning of the switch in a very busy factory.

In this computer age, harmonizing and monitoring disparate accounts is something that a even an amateur computer science student like kingebukasblog can easily write an algorithm for.

It's not rocket science.

Hey ... come on , I'm not an amateur . But let's just watch and see ... you maybe right or wrong

blackpanda:
[[s]quote author=plaetton post=43085305]

Not exactly sir.

GEJ government came up with the plan, but on critical expert analysis, they realised that it would immediately choke the banking sector and the economy to near death.
Therefore, they decided to keep on hold, while trying to figure a better way to harmonize FG accounts without choking the economy.

Then General clueless stepped in, impervious to economic common sense, pushed the TSA forward, completely oblivious of the immediate economic implications.[/s]

TRASH!

I shudder to think that these are the people who claim to be leaders of the future. Smh

Choke the banks how How can government lodge its funds in commercial banks then still go back to the same commercial banks to borrow the same funds with huge interest rates on it. Its broad daylight robbery. Something jonathan's regime was well known for!

Apparently, you don't know much about economics.

Apple computer, for example, has a cash horde of about $300b. But Apple still borrows money from banks , and even offers long and medium term bonds to finance it's daily operations.
If you don't understand how and why, then that makes you an economic semi-literate. No insult intended.

Don't argue against things you don't fully understand.

How long will it take this man to know that Nigerians cannot easily be sweet tongued into accepting trash anymore?
That the value of Naira is going down does not make the TSA a non issue. That PMB has blocked so many loopholes through which people siphoned monies does not make him clueless.
At times I feel there is something Fayose is so scared f judging from Metu's constant criticisms before the bubble bursted.
Fayose should concentrate on governing the people that voted him into power and leave PMB alone.

This man use to be my man but now I ve been gullible all dis while I neva knew I ve been supporting somebody that is mentally deranged pls receive sense sir

banmee:
Where is your source sir?

My source for what, common sense ?
Na god oooo.

[quote author=espn post=43085819]stop twisting facts.. show us a post where they claimed to have put the TSA on hold because of its immediate implication on the economy..Please provide a link to ur claim[/quote'.
SAYING MY MIND. the guy is just trying to cook up stories to defend GEJ.
at times when one reads comments by our youths and supposed graduates, one begins to wonder if actually the elders are d one preventing the youths from taking the mantle of leadership our the youths themselves. one of my lecturer back at nekede the, Mr. Nwachukwu will always advice that as a graduate, you don't assume things or say something you have no basic fact about because you may just be called to defend what u just said.

plaetton:
From an economic point of view, there are no benefit at all.
But From a propaganda point of view, the benefits are msny.
Firstly, you can always thump your chest that you saved such and such, which, on critical analysis, is a lie.

First of all , taking out 2trillion naira from the banking sector in one swoop is economic stupidity. Banks , and by extension, the economy needs that float ,both as a reserve cushion , as well as a steady lubricant for the creation and expansion of credit, the engine for economic activities and growth.

By taking such monies from banks, where they earned interests for the government, and fees for the banks, the clueless government did the equivalent of turning off the switch in a very busy factory.

In this computer age, harmonizing and monitoring disparate accounts is something that a even an amateur computer science student like kingebukasblog can easily write an algorithm for.

It's not rocket science.

No I know many people comment on issues they're clueless about.

Where were the monies withdrawn to? Buhari's house or his pockets?

What do you even understand by TSA?

Let me educate

apholaryn:
hahahahahhaha..devil dey learn from una...cha!!! see lie from deep deep pit of hell

The smart , common sense thing would be for you to refute or repudiate my argument.

I guess common sense is not so common after all.

Mr. Ole... Baraoooooo

plaetton:
Apparently, you don't know much about economics.

Apple computer, for example, has a cash horde of about $300b. But Apple still borrows money from banks , and even offers long and medium term bonds to finance it's daily operations.
If you don't understand how and why, then that makes you an economic semi-literate. No insult intended.

Don't argue against things you don't fully understand.

Actually u are the one completely and utterly ignorant. You cant compare the federal government to a private company. Why? A little thing called the constitution that says ALL monies accruing to the federal govt be paid to federation account (which is domiciled in CBN not in commercial banks)! So all such payments to commercial banks are technically ILLEGAL!

Thats on the one hand. Further, the CBN is the Government's Bank and not commercial bank. If Apple's goes bankrupt people only lose the value of what they invested in the company, and infact the govt can in some cases intervene with a bailout (like what they did for chrysler). But guess what happens when Govt itself goes bankrupt? Its better imagined!

So dont compare private company to federal Government. These are two completely different issues!

davodyguy:
No I know many people comment on issues they're clueless about.

When were the monies withdrawn to? Buhari's house or his pockets?

What do you even understand by TSA?

Let me educate you

My friend, next time, take a deep breath, then apply common sense before you go on your knee jerk reaction.

The funds were taken from commercial banks and placed in a single account with the CBN, where the money, the N2tr sits idly, earning Zero interests, and doing Zero for the biggest economy in Africa.

The is the greatest economic folly.