Re: Goodluck Jonathan Visits Nigerians In Newark, New Jersey, Us(photos) by Nobody: 9:45am On May 24, 2016 |
Lovelynature: And the man has been going places and also silent on affairs of the nation, even when bubu and apc blame him on the slightest part of their cluelessness. That's a man of integrity.
My question is, who does Buhari blame on his cluelessness in 1984? GEJ also?
tell me one spectacular thing GEJ did as president of Nigeria. Pls don't go telling me he's a democratic, a man of peace and whatnot. Obasanjo despite his penchant for corruption saved Nigeria billions of $'s. What did GEJ do? |
Re: Goodluck Jonathan Visits Nigerians In Newark, New Jersey, Us(photos) by innocent1(m): 9:49am On May 24, 2016 |
Na you write am? That write-up is called political campaign script. 80% were lies Abagworo:
Biko stop spreading lies authoritatively. Thank God for Internet.
http://www.premiumtimesng.com/business/182543-nigerian-govt-borrowing-billions-to-pay-salaries-okonjo-iweala.html
http://www.pmnewsnigeria.com/2015/05/06/fg-borrows-n473bn-to-pay-salaries-okonjo-iweala/
The federal government has borrowed 473 billion naira to meet up with recurrent expenditure including paying of salaries while it is yet to release funds for capital projects. According to Reuters, Nigeria has already used half the borrowing allowance it has budgeted for and has not released any funds for capital expenditure so far this year, as lower oil prices eat into its revenues, the country’s finance minister said on Tuesday.
“We have serious challenges,” Finance Minister Ngozi Okonjo-Iweala said in an emailed statement. “Things have been tough since the beginning of the year and they are likely to remain so till the end of the year.” The borrowed money has been spent to cover overhead, including salaries, the minister said. Lawmakers in Africa’s biggest economy and oil producer last week passed a 4.49 trillion naira ($23 billion) budget for 2015, 3.2 percent lower than last year’s spending plans. It was forced to cut spending after global oil prices slumped.
The budget took longer than usual getting through parliament, worsening the cash squeeze, because of the closely fought general elections in March, which saw incumbent President Goodluck Jonathan defeated. “As a result of the 50 percent decline in oil revenues, the country has faced a difficult cash crunch … Out of the 882 billon naira budgetary provision for borrowing, the government has borrowed 473 billion naira to meet up with recurrent expenditure,” the finance ministry said. Okonjo-Iweala had projected annual domestic borrowing last year would fall to below 500 billion naira from 577 billion naira in 2013.
The borrowing requirement this year could crowd out lending to the real economy, raising domestic interest rates and yields on government bonds, which could hurt growth. Forecasts for growth have already been lowered twice this year. The ministry said that inflation is still in single digits and that the Nigerian economy is projected to grow by 4.8 percent this year.
Government revenues have shrunk sharply since oil sales account for up to 80 percent of them and its currency, the naira, has weakened drastically, despite the central bank’s spending billions of U.S. dollars to prop it up. The lack of funds for capital expenditure means badly needed infrastructure development will be put on hold. Funding for large projects such as bridges and roads had already begun to dry up in 2014, forcing construction firms companies with government contracts to cut back and fire thousands of workers.
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Re: Goodluck Jonathan Visits Nigerians In Newark, New Jersey, Us(photos) by Nobody: 9:55am On May 24, 2016 |
innocent1: Na you write am? That write-up is called political campaign script. 80% were lies
don't mind those GEJ's praise-singers. I wonder our economic situation by now if GEJ had won the 2015 election. I'm yet to see anything spectacular done by GEJ as president of Nigeria. |
Re: Goodluck Jonathan Visits Nigerians In Newark, New Jersey, Us(photos) by stankezzy: 9:57am On May 24, 2016 |
We brought this on our self's |
Re: Goodluck Jonathan Visits Nigerians In Newark, New Jersey, Us(photos) by Uncleshaga(m): 9:58am On May 24, 2016 |
Our own president!!!May God bless u n ur entire generations to come 1 Like |
Re: Goodluck Jonathan Visits Nigerians In Newark, New Jersey, Us(photos) by thespokenword: 9:58am On May 24, 2016 |
raker300: mehn, one year is enough to save money...how much has Buhari saved so far? GEJ saved more than 45billion dollars in the foreign reserve, thanks to Buhari it's now 20 billion. Buhari has blown through the cash in one year and has managed not to bring 1 naira...all he offers are lies and more lies.
Don't forget oil started falling during GEJ's time. Did he whine about it? No. He quickly found another route, agric revolution and it worked just fine..why don't you educate yourself son and stop acting out |
Re: Goodluck Jonathan Visits Nigerians In Newark, New Jersey, Us(photos) by pinkyliceous(f): 9:58am On May 24, 2016 |
I asked that question in a thread yesterday. Lovelynature: And the man has been going places and also silent on affairs of the nation, even when bubu and apc blame him on the slightest part of their cluelessness. That's a man of integrity.
My question is, who does Buhari blame on his cluelessness in 1984? GEJ also?
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Re: Goodluck Jonathan Visits Nigerians In Newark, New Jersey, Us(photos) by jordinsparkles(f): 10:26am On May 24, 2016 |
Lovelynature: And the man has been going places and also silent on affairs of the nation, even when bubu and apc blame him on the slightest part of their cluelessness. That's a man of integrity.
My question is, who does Buhari blame on his cluelessness in 1984? GEJ also?
I agree with u my brother. |
Re: Goodluck Jonathan Visits Nigerians In Newark, New Jersey, Us(photos) by compujyde: 10:50am On May 24, 2016 |
... |
Re: Goodluck Jonathan Visits Nigerians In Newark, New Jersey, Us(photos) by Frankiss44(m): 10:56am On May 24, 2016 |
whirlwind7: Huh. Thought the media said dude was lying low in Cote d'Ivoire? Believe the media ta your own peril |
Re: Goodluck Jonathan Visits Nigerians In Newark, New Jersey, Us(photos) by Pringlez: 11:13am On May 24, 2016 |
sapiosexual1: Propaganda got them in, it's what would take them through to 2019 cos we Nigerians are educated-illiterates. God bless you ma/sir! |
Re: Goodluck Jonathan Visits Nigerians In Newark, New Jersey, Us(photos) by Pringlez: 11:15am On May 24, 2016 |
clickwtB: Last fuel boom,Saudi arabia saved 500billion dollars,Algeria 200 billion etc & Nigeria under great GEJ Obj 8years didnt even build a modular refinery nor GREAT clueless one&Yar adua also not even 1 modular/tiny refinery!!!! Billions of dollars gone down the drain !!! NOI/Deziani/Dasuki as agents. NOI polls a fake research/opinion polls company created by Ngozi Okonjo Iwela to hoodwinks western and international finance organizations. 'hope you didn't miss your way? |
Re: Goodluck Jonathan Visits Nigerians In Newark, New Jersey, Us(photos) by Pavarottii(m): 11:23am On May 24, 2016 |
Abagworo:
It is clearly written there that Jonathans regime consumed all the income and borrowed 3billion Dollars ahead of Nigeria's limit of 5billion Dollars for 2015 without releading funds for capital projects. Buhari has reduced the rate of borrowing despite the further fall in oil price and reduced production from pipeline vandalism.
http://www.premiumtimesng.com/business/182543-nigerian-govt-borrowing-billions-to-pay-salaries-okonjo-iweala.html
In the face of dwindling oil revenues, Minister of Finance, Ngozi Okonjo- Iweala, said the Federal Government has borrowed about N473billion to pay salaries and fund the 2015 budget. The Minister, who was speaking in Abuja on the details of the N4.493trillion appropriation already passed by the National Assembly, said the federal government had to raise its borrowing level from N570 billion to N882 billion to enable it meet its financial obligations to workers and contractors. The minister blamed it on the decline in oil revenue in late 2014, which accounted for 50 per cent cut in the total federally collectible revenue as well as the low revenue receipts from non-oil sources. Can u compare any borrowing wiv wat buhari is borrowing now almost 2trilion to fund dis budget. As GEJ ever borrowed that sum in a year? |
Re: Goodluck Jonathan Visits Nigerians In Newark, New Jersey, Us(photos) by aresa: 11:30am On May 24, 2016 |
i see the soon to be jailed jone with some ipob losers.....that's all. |
Re: Goodluck Jonathan Visits Nigerians In Newark, New Jersey, Us(photos) by winj: 12:20pm On May 24, 2016 |
As EFCC gets closer to him in their investigation of his people, he seems to be staying longer abroad in case a warrant is issued. He may be an educated-illiterate but he knows what he is doing. |
Re: Goodluck Jonathan Visits Nigerians In Newark, New Jersey, Us(photos) by Nobody: 12:28pm On May 24, 2016 |
Pringlez:
God bless you ma/sir!
God bless you too, double |
Re: Goodluck Jonathan Visits Nigerians In Newark, New Jersey, Us(photos) by Nuella222(f): 12:29pm On May 24, 2016 |
Taaaa mechienu onu there! Ndi mma iru abuo...chamelions! Just look at them shouting "we love u Jonathan, we miss u sir" bla bla bla. Same mouth u used to curse him when he was on that rotten seat u ar now using to bless him. Ndi mma iru abuo! Now you know he is a good man and no longer a badluck. Y ar u keeping mute, come out and shout a bigger "change", "Sai Buhari". Or ar u tired? Shameless ogwumaganas |
Re: Goodluck Jonathan Visits Nigerians In Newark, New Jersey, Us(photos) by Wiseandtrue(f): 12:37pm On May 24, 2016 |
raker300: mehn, one year is enough to save money...how much has Buhari saved so far? GEJ saved more than 45billion dollars in the foreign reserve, thanks to Buhari it's now 20 billion. Buhari has blown through the cash in one year and has managed not to bring 1 naira...all he offers are lies and more lies.
Don't forget oil started falling during GEJ's time. Did he whine about it? No. He quickly found another route, agric revolution and it worked just fine..why don't you educate yourself son and stop acting out Did PMB even admit that he met money in the reserve? The man can lie no be small 1 Like 1 Share |
Re: Goodluck Jonathan Visits Nigerians In Newark, New Jersey, Us(photos) by Wizteaser: 1:07pm On May 24, 2016 |
funlord:
See the last picture! E be like say dem bin just receive news say them don nab that him principal private secretary wey bin dey help am loot!
Clueless dunce! Why jealous a man God has blessed, in the next 200yrs of your life, your growth will not exceed his ankle as per achievement. . |
Re: Goodluck Jonathan Visits Nigerians In Newark, New Jersey, Us(photos) by BushidoBlue(m): 2:36pm On May 24, 2016 |
Lovelynature: And the man has been going places and also silent on affairs of the nation, even when bubu and apc blame him on the slightest part of their cluelessness. That's a man of integrity.
My question is, who does Buhari blame on his cluelessness in 1984? GEJ also?
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Re: Goodluck Jonathan Visits Nigerians In Newark, New Jersey, Us(photos) by BushidoBlue(m): 2:40pm On May 24, 2016 |
franciskaine: don't mind those GEJ's praise-singers. I wonder our economic situation by now if GEJ had won the 2015 election. I'm yet to see anything spectacular done by GEJ as president of Nigeria. This one is still wondering |
Re: Goodluck Jonathan Visits Nigerians In Newark, New Jersey, Us(photos) by kennes10: 2:53pm On May 24, 2016 |
clickwtB: Last fuel boom,Saudi arabia saved 500billion dollars,Algeria 200 billion etc & Nigeria under great GEJ Obj 8years didnt even build a modular refinery nor GREAT clueless one&Yar adua also not even 1 modular/tiny refinery!!!! Billions of dollars gone down the drain !!! NOI/Deziani/Dasuki as agents. NOI polls a fake research/opinion polls company created by Ngozi Okonjo Iwela to hoodwinks western and international finance organizations. so twas during GEJ tym dat Nigeria xperienced oil boom God help Nigerian youths... we all wnt 2 b political analyst without reading |
Re: Goodluck Jonathan Visits Nigerians In Newark, New Jersey, Us(photos) by ofiko123(m): 3:35pm On May 24, 2016 |
Zombies won't love this |
Re: Goodluck Jonathan Visits Nigerians In Newark, New Jersey, Us(photos) by Awaja(m): 4:02pm On May 24, 2016 |
DONMAYOR19: how far your Dullard ear? hope he can hear clearly now?
zombies be like Men Deh ooooo That Nigga ear I knew will soon be brought to limelight: |
Re: Goodluck Jonathan Visits Nigerians In Newark, New Jersey, Us(photos) by Nobody: 4:32pm On May 24, 2016 |
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Re: Goodluck Jonathan Visits Nigerians In Newark, New Jersey, Us(photos) by Classicjadon(m): 4:42pm On May 24, 2016 |
I love dis in such a way l can kill 4 him to live. #GEJ4LIVE |
Re: Goodluck Jonathan Visits Nigerians In Newark, New Jersey, Us(photos) by Nobody: 7:07am On May 26, 2016 |
Reader, whose time was it then? The highest price oil was ever sold in the history of Nigeria was during the retard's presidency. kennes10: so twas during GEJ tym dat Nigeria xperienced oil boom God help Nigerian youths... we all wnt 2 b political analyst without reading |