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Ikpeazu Borrowed N24bn In 11 Months - Politics (2) - Nairaland

Nairaland ForumNairaland GeneralPoliticsIkpeazu Borrowed N24bn In 11 Months (21370 Views)

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Re: Ikpeazu Borrowed N24bn In 11 Months by Nobody: 8:57am On Apr 19, 2016
Re: Ikpeazu Borrowed N24bn In 11 Months by blazetitov: 8:58am On Apr 19, 2016
what of the existing loans inherited by the governor? He better confirm if there were other loans that were not converted into bonds for the state.
Re: Ikpeazu Borrowed N24bn In 11 Months by ebiboy2(m): 8:58am On Apr 19, 2016
Chai!!! that's zoo politics for you.
Re: Ikpeazu Borrowed N24bn In 11 Months by okonja(m): 9:00am On Apr 19, 2016
Nairaland and downtime these days mehn!... angry

Mr. Seun, do something please. undecided
Re: Ikpeazu Borrowed N24bn In 11 Months by Guyman02: 9:01am On Apr 19, 2016
amtaken:
How much did Aregbesola and Okorocha borrow?
Abians dont want anyone to derail this post on sentiment. It is our collective wealth that we are talking about here.
Re: Ikpeazu Borrowed N24bn In 11 Months by SaiBuharii: 9:02am On Apr 19, 2016
I wonder the critria "Ibo" people use to elect their leaders.
Re: Ikpeazu Borrowed N24bn In 11 Months by Akshow: 9:02am On Apr 19, 2016
amtaken:
Can you explain that last line for me ma?
she means you should give ursef brain and sense and stop behaving senselessly. Thank me later.
Re: Ikpeazu Borrowed N24bn In 11 Months by ritahot(f): 9:03am On Apr 19, 2016
amtaken:
How much did Aregbesola and Okorocha borrow?

grin grin grin
Help me ask zombies
Re: Ikpeazu Borrowed N24bn In 11 Months by ogawisdom(m): 9:04am On Apr 19, 2016
Waaat

Re: Ikpeazu Borrowed N24bn In 11 Months by sheyisuces(m): 9:05am On Apr 19, 2016
Hhhh
Re: Ikpeazu Borrowed N24bn In 11 Months by Akshow: 9:06am On Apr 19, 2016
ritahot:
Help me ask zombies my brother!
I look at people like u and I smh. A politician that doesn't give a rat arrse abt u is busy borrowing money upandown without any project to show for it a d all that makes sense to u is ur party and tribal affiliations. Too bad. When has it become OK to compare a worst situation with a bad one.huh
Re: Ikpeazu Borrowed N24bn In 11 Months by anonimi: 9:06am On Apr 19, 2016
Okijajuju1:
Abia... Learners..

Find out how much this guy has borrowed.. grin
............Or this guy


www.nairaland.com/attachments/2630622_cjlpxmiwsaap2su_png84e6ed0c16cc1a142bc93d7da71a34a9


Firefire:
As a rejoinder to this publication: https://www.nairaland.com/2872621/aregbesola-inflated-airport-contract-n11.5bn#42080710

Femi Makinde, Osogbo

The Osun State Governor, Mr. Rauf Aregbesola, has said he deserves commendation for building the Moshood Abiola International Airport at Ido-Osun, Osun State, for N11.5bn.

A consultant to the state government on information, Mr. Sunday Akere, who spoke on behalf of the governor, said this in a telephone interview with our correspondent on Tuesday.

He said the contract was not inflated to siphon the state’s resources as alleged by the Peoples Democratic Party.

He said the increase in the contract sum was necessitated by the inflation caused by the fall of the naira.

Akere said, “The PDP in Osun should be ignored, they are just seeking relevance. They should find out how much PDP states like Akwa Ibom, Gombe and others built their airports.

“When former President Goodluck Jonathan was in power, he said he added an additional airstrip to the Nnamdi Azikiwi International Airport, Abuja with N36bn. We should be commended for building an airport with N11.5bn.

“If we are building a complete airport with a hanger and other facilities for N11.5bn, then we should be commended. The governor deserves commendation.”

Akere also said the initial cost of the airport was underestimated.

But the PDP accused the governor of increasing unilaterally the contract sum of the airport from N4.5bn to N15.5bn.


The Director of Media and Strategy of the Osun PDP, Mr. Diran Odeyemi, said this in a statement on Sunday.

The statement read, “We are aware that Governor Rauf Aregbesola, on January 8, 2016 through a letter with reference number SP/S96/1/vi/348 re-awarded the airport contract to the same contractor and a payment of N472m was paid as take-off sum.

“The same company had earlier been paid N2.7bn for the same project without any serious work done on the project.

The PDP also accused the governor of inflating the contract sum in order to embezzle the bailout funds it got from the Central Bank of Nigeria.


The opposition party lamented that workers in the employ of the state were languishing in hunger as a result of unpaid salaries.

The party had said, “We are calling on the President and anti-graft agencies to send a secret team to the site of the so-called Moshood Abiola International Airport, Ido-Osun, to confirm what the government and the airport company had done with the N2.7bn taken from the purse of the state on December 14, 2012.


“Out of the amount, N2.5bn was sourced as a loan from a bank to be repaid monthly at N100m from the SURE-P funds. That loan is now part of the N88bn restructured for the state by the Central Bank for repayment till the year 2034 shocked.”



www.nairaland.com/attachments/3313876_inflatess_jpegedf527ceff41723c0a8e914a1c8e7dc8



http://www.punchng.com/aregbesola-admits-increasing-airport-contract-by-n7bn/
Re: Ikpeazu Borrowed N24bn In 11 Months by neolife82(m): 9:08am On Apr 19, 2016
pls tell her
Re: Ikpeazu Borrowed N24bn In 11 Months by Anambra1stSon(m): 9:09am On Apr 19, 2016
SaiBuharii:
I wonder the critria "Ibo" people use to elect their leaders.
And what are the criteria Hausa/Fulani use? They are high in poverty index and other social vices and low education in Nigeria, what are your leaders doing with all the stolen wealth huh
Re: Ikpeazu Borrowed N24bn In 11 Months by Gojemi: 9:12am On Apr 19, 2016
Yet not even a single good road in the whole of Abia State. Aba road.... undecided
Re: Ikpeazu Borrowed N24bn In 11 Months by ritahot(f): 9:12am On Apr 19, 2016
Akshow:
I look at people like u and I smh. A politician that doesn't give a rat arrse abt u is busy borrowing money upandown without any project to show for it a d all that makes sense to u is ur party and tribal affiliations. Too bad. When has it become OK to compare a worst situation with a bad one.huh
U need to come to abia state to see the wonder the man has done in just few months. Compare with buhari that is juncketing all over the world begging for money, i preffer him.
Re: Ikpeazu Borrowed N24bn In 11 Months by Charly68: 9:12am On Apr 19, 2016
No problem multiply the sum borrowed under a year by 4 years and you will know that by the time the man finishes his tenure,Abians will pity themselves courtesy of Supreme court official license for corruption unlimited. Good luck to the Abians
Re: Ikpeazu Borrowed N24bn In 11 Months by eitsei(m): 9:13am On Apr 19, 2016
amtaken:
How much did Aregbesola and Okorocha borrow?

grin grin grin
that's what wailers will care to know before they decide to face their own problems. Besides is Aregbesola the only governor in Nigeria? Why the fuss about him all the time?
Re: Ikpeazu Borrowed N24bn In 11 Months by SaiBuharii: 9:13am On Apr 19, 2016
post=44834844:
And what are the criteria Hausa/Fulani use? They are high in poverty index and other social vices and low education in Nigeria, what are your leaders doing with all the stolen wealth huh
At least they don't blame it on the FG in the name of marginalization.
Re: Ikpeazu Borrowed N24bn In 11 Months by bofoy(m): 9:13am On Apr 19, 2016
ABIANS DON SUFFER FROM ORJI TO IKPAZU
THE SUFFERING CONTINUES
Re: Ikpeazu Borrowed N24bn In 11 Months by ogawisdom(m): 9:14am On Apr 19, 2016
seacoast:
That's a PDP man with APC tendency...
Na pdp b baba for looting nwgrin
Re: Ikpeazu Borrowed N24bn In 11 Months by ogawisdom(m): 9:16am On Apr 19, 2016
buzquet:
borrowing for project is nt my problem. but borrowing for lootting is the problem
U r a learner, looting takes place thro inflated project costs ie digital looting huh
Re: Ikpeazu Borrowed N24bn In 11 Months by Nobody: 9:19am On Apr 19, 2016
On the borrowing things.

While I know many of the governors are corrupt (and Ikpeazu is not my favourite governor....I backed APGA last year to win Abia).....the fact of the matter is that most states have to borrow money now to survive.

Oil prices have dropped, and that means state allocations drop too. So...your governor has to borrow....or he raises taxes (Which most Nigerians do not like).
Re: Ikpeazu Borrowed N24bn In 11 Months by eziokwubundunuwa: 9:23am On Apr 19, 2016
jjay28:
Abia is a scam! No infrastructures,nothing! The state is dirtier than a pistry! Abia state is a far cry from modern reality! God alone can save Abia state! Because,this administration is more or less a recycled version of the T.A. Orji administration!
How is your own State. SMH for Igbos who specialise in praising their State and running their sister States down.
Re: Ikpeazu Borrowed N24bn In 11 Months by DarkNet: 9:24am On Apr 19, 2016
It is so disheartening that the Governors of this unworkable contraption keep selling the future of their unborn generations and enslaving the innocent people that found themselves in this dream united country by taking loans that would be mismanaged.
Re: Ikpeazu Borrowed N24bn In 11 Months by Akshow: 9:29am On Apr 19, 2016
ritahot:
U need to come to abia state to see the wonder the man has done in just few months. Compare with buhari that is juncketing all over the world begging for money, i preffer him.
continue deceiving ursef and mortgaging the future of unborn generations of the alter of partisan politics.
Re: Ikpeazu Borrowed N24bn In 11 Months by suasmablow(m): 9:30am On Apr 19, 2016
Gov.Wike wasted over N120 billion in His 100 days in office and has so far borrowed over N70 billion with no commensurate development projects to show for it in the state.
Please Abia people should thank Dr.Ikpeazu for pitying them and borrowing this small money so far.
God is keenly watching our Governors, Senators and other politicians in 3D.
Re: Ikpeazu Borrowed N24bn In 11 Months by ritahot(f): 9:33am On Apr 19, 2016
Akshow:
continue deceiving ursef and mortgaging the future of unborn generations of the alter of partisan politics.
if u ever cared abt ur future , u wont be chanting sai baba. Cox baba is in the past
Re: Ikpeazu Borrowed N24bn In 11 Months by EmeritusMbaM: 9:36am On Apr 19, 2016
amtaken:
How much did Aregbesola and Okorocha borrow?

grin grin grin
This is part of the problem of the SE, instead of him to tackle the issue, he is shifting to those in the SW. Why are we like this for God sake? This is something else.
Re: Ikpeazu Borrowed N24bn In 11 Months by amtaken(f): 9:37am On Apr 19, 2016
Get back here when you are ready to answer my question. Thanks.

eitsei:
that's what wailers will care to know before they decide to face their own problems. Besides is Aregbesola the only governor in Nigeria? Why the fuss about him all the time?
Re: Ikpeazu Borrowed N24bn In 11 Months by EmeritusMbaM: 9:43am On Apr 19, 2016
anonimi:
............Or this guy


[img]http://attachments/2630622_cjlpxmiwsaap2su_png84e6ed0c16cc1a142b34a9[/img]
Must you always derail every thread with irrelevant post, grow up and stop posting nonsense on every thread.
Re: Ikpeazu Borrowed N24bn In 11 Months by SIRJENTLE: 9:43am On Apr 19, 2016
DURING HIS CAMPAIGN HE TOLD ABIANS THAT HE IS COMING TO CONTINUE FROM WHERE HIS ROLE MODEL STOPPED.
OUT OF 78 BILLION NAIRA INDEBTED TO ABIA STATE HE IS RESPONSIBLE FOR 24 BILLION AND IT IS ONLY 11 MONTHS.
SO THE REMAINING 3 YEARS & A MONTH WILL TAKE CARE OF THE 54 BILLION AND POSSIBLY IT IS EXPECTED HE OUTDO HIS MASTER MEANING HE MAY BORROW MORE THAN 78 BILLION.
WE WEEP FOR A ONE TIME GOOD STATE CALLED ABIA STATE.
1 2 3 Reply

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