pls permit me to ask, where is all the money recovered from looters and tsa ? oil I suppose is selling above benchmark, so how come we are to borrow and pay salary when fed.gov is mapping out intervention fund for some state.pls can someone explain to me wht and were we got it all wrong.....is it that adeosun is lying or fed spokes men are not serious.


By Michael Eboh

The Minister of Finance, Mrs. Kemi Adeosun, Thursday, said the ministry cannot afford to pay the N1.2 billion requested by its workers, while she confirmed that the Federal Government was already borrowing funds to be able to pay the N165 billion a month needed to cover civil service salaries.
Adeosun, in a statement in Abuja, after the meeting held with protesting workers of the Ministry of Finance on Wednesday, said she does not have any power to pay N1.2 billion, which was not in the budget of the Ministry.
According to her, all government departments currently face a very real squeeze in finances as the country grapples with the financial crisis inherited from previous administrations, adding also that the collective priority, therefore, must be on working together to get the whole economy back on its feet.
She stated that the most important thing for management and staff was to get a common understanding of what the government needed to do to regain financial stability.
She said she intend to work with staff of the Finance Ministry to see how, together, those plans could be implemented as quickly as possible, thereby stimulating growth within a new diversified economy.
She expressed understanding for the Ministry of Finance staff who felt they should get additional bonuses, based on their past dealings with the previous administration, while she pointed out that many people across the country were struggling to find work or losing their
jobs, in addition to the fact that fellow civil servants in many states are not getting their salaries.

http://www.vanguardngr.com/2016/06/fg-borrowing-pay-n165bn-civil-service-salaries-adeosun/

The Will still find someone to blame

Avengers una see una life? hahahahahaha very soon even the military will protest, hahahahahabababababafafafafafa, Kayi! Buhari

They keep blaming previous administrations, but during the previous administrations things never got this bad. No light, no money, no food. Next thing they will point at is d price of crude, but the price of crude can affect capital projects not common salary. Afterall, it's not like the crude is now 0 dollar per barrel, it still has half it's value


meanwhile
Teacher: spell lie
Student: L A I
Teacher: not correct
Student: but the man that lied that body odour can generate electricity has 'Lai' as a title before his name Mohammed
Teacher: *faints

Where are those 97% especially the brown roofs people who instigated Buhari against the 5%.

Avengers

Government led by clueless dunces.


Scroll down below and see what zombies are saying.

[size=13pt]Watch as they blame the previous administration[/size]

PassingShot and omenka come and blame Jonathan as usual.

What happened to the claimed recovered loots? Hope its not en-rout to another looter?

Buhari and his Wur-Wur govt

Commercial Banks sacks workers........FGN warns of loss of license

FGN sacks Doctors....................................................................?

"who will warn the warner?

SeverusSnape:
PassingShot and omenka come and blame Jonathan as usual.

Shame you no get..jumping at fake news upandan..Hate dey kill ooooo

druboon404:

Shame you no get..jumping at fake news upandan..Hate dey kill ooooo

www.vanguardngr.com/2016/06/fg-borrowing-pay-n165bn-civil-service-salaries-adeosun/

Shame no dey catch you?... Visit the link above, Seriously I don't like spoon feeding zombies.

Any news showing the incompetence of 'mumu the son of Hari' is fake news to zombies.

Forget it, all the supposedly, dubiously recovered fund goes straight to Aisha's account for safe-keeping on Buhari's behalf. They keep borrowing from everywhere, yet claim they are saving money. I wonder the type of economy they are practicing.

Avengers...

clefstone:
They keep blaming previous administrations, but during the previous administrations things never got this bad. No light, no money, no food. Next thing they will point at is d price of crude, but the price of crude can affect capital projects not common salary. Afterall, it's not like the crude is now 0 dollar per barrel, it still has half it's value

Federal Govt started borrowing to pay salaries and recurrent expenditure under Iweala/Jonathan in the beginning of 2015.

Set the records straight.

http://www.vanguardngr.com/2015/05/nigeria-borrows-to-pay-salaries-with-cash-crunch-worsening/

http://www.pmnewsnigeria.com/2015/05/06/fg-borrows-n473bn-to-pay-salaries-okonjo-iweala/

Activa:


Federal Govt started borrowing to pay salaries and recurrent expenditure under Iweala/Jonathan in the beginning of 2015.

Set the records straight.

at that time there were a lot of capital projects going on including preparation for a general election. On the contrary, right now, no capital project, lesser number ministries, TSA, recovered loots, yet no respite.

set the record straighter

clefstone:
at that time there were a lot of capital projects going on including preparation for a general election. On the contrary, right now, no capital project, lesser number ministries, TSA, recovered loots, yet no respite.

set the record straighter

You're moving into an opaque area.

Which capital projects were those?

2. What was their value?

3. Were they PAYING for them?

4. What percentage of the budget was capital expenditure? What was the absolute figure?

5. Does it make sense to borrow for salaries while able to afford capital expenditure?

6. By what percentage has the price of crude fallen?

7. Can the recovered loot be spent now?

8. Is there no capital project going on now?

It's good to be fair to all.

At least you've accepted that Okonjo Iweala borrowed to pay salaries, answer these too.

SeverusSnape:
PassingShot and omenka come and blame Jonathan as usual.

b4 you enter market , kindly verify that source first.

i did and it led to exactly NOWHERE

clefstone:
at that time there were a lot of capital projects going on including preparation for a general election. On the contrary, right now, no capital project, lesser number ministries, TSA, recovered loots, yet no respite.

set the record straighter

before you put on your armour of argument , first check the source . thats not Vanguard .
This is false news.
Fg that cleared all pension arears early this week

ayindejimmy:


b4 you enter market , kindly verify that source first.

i did and it led to exactly NOWHERE

arecyoubfor real? you clicked the link and it lead you no were?we actually got a lot fix in this nation .....deceits and lies are worst than corruption.

ayindejimmy:


before you put on your armour of argument , first check the source . thats not Vanguard .
This is false news.
Fg that cleared all pension arears early this week

how much are you paid for this your cheap service?

ayindejimmy:


b4 you enter market , kindly verify that source first.

i did and it led to exactly NOWHERE

www.vanguardngr.com/2016/06/fg-borrowing-pay-n165bn-civil-service-salaries-adeosun/

Your phone must be an outdated one. Check the link again. Mtcheeww

Nigeria is broke as been said by BAba... So i am not flabbergasted.

Activa:


You're moving into an opaque area.

Which capital projects were those?

2. What was their value?

3. Were they PAYING for them?

4. What percentage of the budget was capital expenditure? What was the absolute figure?

5. Does it make sense to borrow for salaries while able to afford capital expenditure?

6. By what percentage has the price of crude fallen?

7. Can the recovered loot be spent now?

8. Is there no capital project going on now?

It's good to be fair to all.

At least you've accepted that Okonjo Iweala borrowed to pay salaries, answer these too.

That's what you lots are good at, Defending the incompetence of this administration by quoting the incompetence of the last.

Is this not supposed to be an era of change??

nnachukz:
I wonder the type of economy they are practicing.

BORROWNOMICS

Ghen ghen the very same thing they accused GEJ of doing!
Mastibating zombies pls come and explain this move

They have been quoting huge figures of monies recovered but we are still broke.

I just dey look this government.

Ok

Seriously, FG don danbaru Economy wey I study for my face.

Borrow again

What of the loot they have recovered so far

They borrow,lavish the money and still borrow again

Who is going to save Nigeria?

Moreover, an average Nigerian graduate’s salary is 1/7th of that of an average US graduate,
while a Nigerian Senator’s salary (upon their mediocre bills) is 8 times that of a US
senator. Just imagine.

And some of them will start telling we the youths how it took America 100 years to make it,shey America get oil by then

Groups of redundant retards.... Mtweewww