₦airaland Forum

In his new common sense video on YouTube, the Bayelsa senator supports reduction of federal allocation to states and urges further reduction so that greedy politicians who want to have access to easy money to loot will stay away.
He cited Anambra state which is now using Agriculture to boost it's economy inspite of the fact that it has little land mass plagued by erosion. The video is a challenge to Most states , especially North Central states with Large Arable land but with orangutans as governors.


PS: His new moustache makes him look like a gigolo


https://www.youtube.com/watch?v=VkaBYTseVlM

dz is an uncommon sense

When you owe 11billion, you have no choice than to turn into and inpromptu lecturer

yimikaa:
When you owe 11billion, you have no choice than to turn into and inpromptu lecturer

Try to understand that every serious business has debts. Donald Trump has debts, Nigeria Brewery has debts and even Dangote too..

Asset Management Corporation of Nigeria, AMCON, yesterday, announced the take-over of Bulk Pack Services Limited, a beverage package manufacturer and supplier, affiliated to the Dangote Group. Head Corporate Communications, AMCON, Mr. Jude Nwauzor, announced this decision in a statement, yesterday. He said: “Bulk Pack Services Limited, a beverage package manufacturer and supplier owned by Alhaji Sani Dangote, the younger brother of Alhaji Aliko Dangote, was taken over by Asset Management Corporation of Nigeria, AMCON, yesterday, as part of the corporation’s recovery efforts. “The Receiver, Mr. Urua Essien, confirmed that he took effective control of the company, following the failure of the company to repay their outstanding debt. The Receiver immediately sealed off the premises of the company located at Dangote Regi

Read more at: http://www.vanguardngr.com/2016/05/debt-recovery-amcon-takes-dangotes-bulk-pack-services-ltd/

The problem is when you can't meet up with the repayment schedule agreed upon at signing of the contract. I bought my first car with a loan, I was indebted for 3 years but guess what ? I paid it back before I sold it and bought another one.

edoyad:
Try to understand that every serious business has debts. Donald Trump has debts, Nigeria Brewery has debts and even Dangote too..



The problem is when you can't meet up with the repayment schedule agreed upon at signing of the contract. I bought my first car with a loan, I was indebted for 3 years but guess what ? I paid it back before I sold it and bought another one.

This debt did no get accumulated in 1day. He defaulted the repayment condition lots of time and AMCON took over to save the bank.
we are both saying the same thing.

Did he forget the was.te land of southwas.te?

thewarrior72:
Did he forget the was.te land of southwas.te?

we are not the ones with an erosion ridden land coupled with red soil and oil spillages!!!

You must have missed the point...

The real wasteland is not far from you!

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Anambra the light of Africa.