Ikpeazu Borrowed N24bn In 11 Months - Politics (3) - Nairaland
Nairaland Forum › Nairaland General › Politics › Ikpeazu Borrowed N24bn In 11 Months (21454 Views)
| Re: Ikpeazu Borrowed N24bn In 11 Months by Mrjo(m): 9:48am On Apr 19, 2016 |
We didnt voted him. He was appionted by inec approve by s. Court. DonMaxxy: |
| Re: Ikpeazu Borrowed N24bn In 11 Months by kachnov(m): 9:49am On Apr 19, 2016 |
The funds should be well accounted for |
| Re: Ikpeazu Borrowed N24bn In 11 Months by LadyExcellency: 9:50am On Apr 19, 2016 |
SIRJENTLE:Okezie Ikpeazu is not responsible for the expenditures from the Loan, why blame him when he wasn't the one owing the workers for which the bailout was secured. CBN Injects N338bn in 27 States to Stimulate Economy In line with the federal government’s resolve to reflate economic activities in the country, the Central Bank of Nigeria (CBN) will this week continue the disbursement of its special intervention fund totaling N338 billion to 27 states in the country. Already, the funds to Kwara, Zamfara and Osun States were disbursed last week and they have commenced the payment of salary arrears to workers in their respective states, THISDAY learnt yesterday. A source at the central bank confirmed that more states would get their monies this week. From the breakdown of funds made available to the first three states to which monies were disbursed last week, Kwara State got a total of N4.320 billion from the special intervention fund, Osun got N34.988 billion, while Zamfara was given N10.020 billion. The loans repayable at an interest rate of nine per cent over a 20-year period, also showed that Abia State is expected to get N14.152 billion, while Adamawa State will receive N2.378 billion; Bauchi – N8.60 billion; Bayelsa – N1.285 billion; Benue – N28.013 billion; Borno – N7.680 billion; and Cross River – N7.856 billion. In addition, Delta has got the central bank’s approval to receive N10.036 billion; Ebonyi – N4.063 billion; Edo – N3.167 billion; Ekiti – N9.604 billion; Enugu – 4.207 billion; Gombe – N16.459 billion; Imo – N26.806 billion; Katsina – N3.304 billion; Kebbi – N0.690 billion and Kogi – N50.842 billion. Nasarawa is also expected to get N8.317 billion, while Niger will receive a total of N4.306 billion; Ogun – N20.00 billion; Ondo – N14.686 billion; Oyo – N26.606 billion; Plateau – N5.357 billion and Sokoto will get N10.093 billion. The source, a senior central bank official, stressed that with the disbursement of the N338 billion to the 27 states that applied for the special intervention fund, economic growth would be stimulated through the payment of outstanding salaries to workers who have been owed for months. He explained: “Once salaries are paid, we expect consumption to increase nationwide and this will go a long way in stimulating economic activities. “After disbursing to Kwara, Osun and Zamfara, more states which applied will get their funds this week, and we have ensured that we kept the interest rate low at 9 per cent and loans repayable over a 20-year period.” As part of the federal government’s resolve to end the lingering crisis of unpaid workers’ salaries in the country, especially in several states of the federation, President Muhammadu Buhari had approved a comprehensive relief package designed to salvage the situation. Part of the relief package was the CBN's special intervention fund to be offered to states, which would be in the form of soft loans available to states to access solely for the purpose of paying the backlog of salaries. The approval of the special intervention fund was sequel to the decision by the National Economic Council (NEC) at its meeting of June 29, 2015, that had requested that the CBN, in collaboration with other stakeholders, should appraise and consider ways of liquidating outstanding workers’ salaries owed by state and local governments. The conditions for accessing the facility included resolutions of the respective state executive councils (SECs) authorising the borrowings and state Houses of Assembly consenting to the loans, as well as issuance of Irrevocable Standing Payment Orders (ISPOs) to ensure timely repayment at source from the states’ Federation Account allocations. http://www.thisdaylive.com/articles/bailout-cbn-injects-n338bn-in-27-states-to-stimulate-economy/218955/ |
| Re: Ikpeazu Borrowed N24bn In 11 Months by anonimi: 9:51am On Apr 19, 2016 |
EmeritusMbaM:I thought that I was following the footsteps of this guy => Okijajuju1:Should I not ![]() |
| Re: Ikpeazu Borrowed N24bn In 11 Months by Nusaf: 9:54am On Apr 19, 2016 |
5starmilitant:This is a replica of what is happening at the federal government. |
| Re: Ikpeazu Borrowed N24bn In 11 Months by EmeritusMbaM: 9:58am On Apr 19, 2016 |
anonimi:Footstep indeed. You are always on every thread posting irrelevant jargons breaking Rule 1 and 11. I am sure you are above the law. |
| Re: Ikpeazu Borrowed N24bn In 11 Months by Okijajuju1(m): 10:10am On Apr 19, 2016 |
anonimi:I never took you for a Snitch... ![]() |
| Re: Ikpeazu Borrowed N24bn In 11 Months by possibilita(m): 10:17am On Apr 19, 2016 |
emerged01:have u seen Abia state recently? Coz there seem to be enough change in that state |
| Re: Ikpeazu Borrowed N24bn In 11 Months by fekon: 10:21am On Apr 19, 2016 |
Abia State borrowing for development of infrastructures which will be of value to Abians would be highly app8ted. But my concern from the statement of Abia State Govt rep was the issue of hiring a consultant contractor to carry out a mere reconciliation of amount owed by Abia State...my take now is what are the duties of chartered Accountant/Auditors in d employ of Abia State ministry of Finance or other responsible Agencies that they cannot be entrusted with mere reconciliation |
| Re: Ikpeazu Borrowed N24bn In 11 Months by anonimi: 10:21am On Apr 19, 2016 |
Okijajuju1:No, I am not a snitch. Thanks |
| Re: Ikpeazu Borrowed N24bn In 11 Months by emerged01(op): 10:44am On Apr 19, 2016 |
possibilita:Create a new thread and upload the picture of changes you have seen. |
| Re: Ikpeazu Borrowed N24bn In 11 Months by Okijajuju1(m): 10:48am On Apr 19, 2016 |
anonimi:Then what do you call what you just did with that fellow? ![]() |
| Re: Ikpeazu Borrowed N24bn In 11 Months by noucompact(m): 10:57am On Apr 19, 2016 |
THIS PEOPLE KEEP TALKING ABOUT MONEY FROM OTHER SOURCES AND FROM FG, PLS WHAT ABOUT INTERNALLY GENERATED REVENUES THAT WIE KEEP PAYING FOR IN ABIA STATE. DO THESE GOVERNORS USE THEM FOR THEIR PERSONAL USE. |
| Re: Ikpeazu Borrowed N24bn In 11 Months by noucompact(m): 11:03am On Apr 19, 2016 |
Mr possiblita,you may be a supporter of OKEZIE ikpeazu ,but we that live in abia,can tell you that the state just changed the style of SCAM,not governor. MULTIPLE TAXING IS NOW IN ITS HIGHEST GRADE NOW. |
| Re: Ikpeazu Borrowed N24bn In 11 Months by afroxyz: 11:34am On Apr 19, 2016 |
But the man is working. He has started up road rehabilitation projects in Aba and revived a local glass industry |
| Re: Ikpeazu Borrowed N24bn In 11 Months by Nobody: 11:43am On Apr 19, 2016 |
amtaken:1. IPOB Rings 2. East-North hatred begins 3. Catholic-Hausa/Fulani animosity shows up 4. Nigeria Civil-War bitterness rears its head and 5. The ordinary Igbo, Yoruba, Hausa, Efik, Idoma, Fulani, Awori, Kanuri, Ijaw/Itsekiri etc suffers economic impoverishment forever. |
| Re: Ikpeazu Borrowed N24bn In 11 Months by futurenix(m): 12:04pm On Apr 19, 2016 |
| Re: Ikpeazu Borrowed N24bn In 11 Months by futurenix(m): 12:06pm On Apr 19, 2016 |
Reading Comprehension is really a problem in this country. Two categories of loan is involved in this saga as clearly written in the report : the bail out which is for offsetting salary arrears and was used for that purpose and the loan for infrastructural developments. If you have not seen aba before the March elections to compare with aba at present to appreciate if the loan for the infrastructure was put to use, there's no need for you to comment what you know not. I won't be in a haste to say I know how the money was spent but drove my car on smooth roads in Aba the last time I was there unlike before the election. |
| Re: Ikpeazu Borrowed N24bn In 11 Months by Kingspin(m): 12:47pm On Apr 19, 2016 |
realestworld:Dont mind them just as Buhari is borrowing up and down. |
| Re: Ikpeazu Borrowed N24bn In 11 Months by MossLuv: 2:12pm On Apr 19, 2016 |
Benue govnor ortom borrowed more than 75billion and no single project to show 4 it |
| Re: Ikpeazu Borrowed N24bn In 11 Months by B2mario(m): 4:23pm On Apr 19, 2016 |
Fedayeen:Which Anambra? my friend go and keep quiet. always claiming that Anambra is good. till tomorrow, Abia is better than Anambra. |
| Re: Ikpeazu Borrowed N24bn In 11 Months by mensdept: 5:20pm On Apr 19, 2016 |
B2mario:He's telling you to focus, which apparently is difficult for you and maybe the whole of Abia to do. Abia is not even better than Zamfara, talk less of Anambra, Cross River, or Edo that has aristo as First Lady. For 17 years and counting, rigging of elections in Abia state has caused widespread poverty, decay in infrastructure, and madness. Even with the obvious APGA victory, the SC tossed it out because the powers that be want to continue to see Abia state and the East enpoverished and behind, and that is exactly what is happening. Or do you think that someone sponsored by TA Orji to be governor in PDP was going to perform miracles? If so then you have wasted your time and intellect |
| Re: Ikpeazu Borrowed N24bn In 11 Months by VIPERVENOM(m): 5:56pm On Apr 20, 2016 |
Dat is small na. Wike borrowed 10 billion this month. Plus the 60+ billion he borrowed last year. Ikpeazu is still a learner ![]() |
| Re: Ikpeazu Borrowed N24bn In 11 Months by B2mario(m): 10:58pm On Apr 23, 2016 |
Onye-igbo still hallucinating. Even the Zamfara you mentioned, have you been to it? Zamfara is far better than your state now. Lol Chestbeater! |
| Re: Ikpeazu Borrowed N24bn In 11 Months by B2mario(m): 11:00pm On Apr 23, 2016 |
Onye-igbo still hallucinating. Even the Zamfara you mentioned, have you been to it? Zamfara is far better than your state now. Lol Chestbeater! |
| Re: Ikpeazu Borrowed N24bn In 11 Months by Nobody: 11:05pm On Apr 23, 2016 |
buzquet:These Governors are all shameless thieves,unless you are benefitting from them directly don't defend these corrupt demons. Ikpeazu is Theodore Orji stooge who was selected to suceed him and cover up his tracks. This useless thieving Governors borrow money to loot and further enslave future generations. This has been the way the country leaders have been swindling the country since 1960. |
| Re: Ikpeazu Borrowed N24bn In 11 Months by mideactive: 11:06pm On Apr 23, 2016 |
Power Sector Losing N24bn Monthly To Imported Fuel –fashola • FG To Build EFCC Headquarters With N24bn, Hires N3.8bn Vessels For NIMASA • Rivers Rerun: APC Leading PDP After Results In 11 Seats~The Cable • 2 • 3 • 4
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