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Nairaland Forum / Nairaland / General / Politics / Sale Of National Assets Needed To Fund 2016 Budget – FG (26966 Views)
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Re: Sale Of National Assets Needed To Fund 2016 Budget – FG by thunder74(m): 10:04am On Sep 25, 2016 |
FG Approves more external borrowings, says it will boost the dwindling economy and now wants to sell national assets to fund budget. The question is why borrowing or selling our property when they claimed to have saved N2.6trn through TSA https://www.google.com.ng/amp/www.vanguardngr.com/2016/02/tsa-we-realised-n2-2trn-in-3-months-buhari/amp/ N1.4trn from Subsidy N3.2trn from recovered loot https://www.google.com.ng/amp/www.vanguardngr.com/2016/06/recovered-loots-fg-releases-interim-report/amp/ N665bn from stamp duty https://www.nairaland.com/3094613/court-case-stalls-n833bn-stamp N1.1trn from custom N2.6trn from Tax revenue N2.7trn from crude oil http://investorsking.com/nigeria-earns-n3-6trn-from-oil-in-11-months/ The list is endless. According to various reports by FG the total fund generated so far FG is above N13.2trns. Remember the 2016 budget is N6.4trn. How come FG is still borrowing to Fund N6.4trn Budget when it has generated over N13.2trn Any Explanation please? Or are they looting the loots? 9 Likes 2 Shares |
Re: Sale Of National Assets Needed To Fund 2016 Budget – FG by Chiznonso: 10:06am On Sep 25, 2016 |
They should borrow from IMF nah, haba 1 Like |
Re: Sale Of National Assets Needed To Fund 2016 Budget – FG by tunary(m): 10:07am On Sep 25, 2016 |
very soon nothing will be left to sell na dat time them go dey borrow to fund budget. Nigeria is gradually going down to dat of greece 1 Like 1 Share |
Re: Sale Of National Assets Needed To Fund 2016 Budget – FG by IyfeNamikaze(m): 10:09am On Sep 25, 2016 |
Rilwayne001: you had other options, PDP and APC weren't the only party that had candidates contesting for President. you all were bamboozled and fooled by the same people who you were trying to run away from. 2015 really exposed how foolish and ignorant the masses were. But do I blame you people when history has been removed from the school curriculum? there is a popular saying that goes thus: a child who doesn't ask what killed his parents will also be killed by that same thing. those of us who saw this coming tried to warn you people but we were called names.... now look at were we all find ourselves! we're all in it together. true that, but the guilt is on you all who brought us all here! 2 Likes |
Re: Sale Of National Assets Needed To Fund 2016 Budget – FG by Nobody: 10:11am On Sep 25, 2016 |
Dottore:Aso rock might have been sold by one of our corrupt ex-Presidents, you never know how what our corrupt leaders are capable of doing.Why else did they include paying rent for Aso Rock in the 2016 budget,I will not put anything past these politicians suffering from the Affluenza virus,that makes them want to acquire all the properties around them. 3 Likes |
Re: Sale Of National Assets Needed To Fund 2016 Budget – FG by Maxikingz: 10:11am On Sep 25, 2016 |
Dutchboy:Oga if u want continue wailing, APC will still win 2019.pls just help ur self now and look for a job and start doing because ur wailing will not stop buhari or APC. PDP can't be an option if APC fail. 1 Like |
Re: Sale Of National Assets Needed To Fund 2016 Budget – FG by borntosuccess(m): 10:12am On Sep 25, 2016 |
Dutchboy:welcome 2 d light bro 1 Like |
Re: Sale Of National Assets Needed To Fund 2016 Budget – FG by Nobody: 10:13am On Sep 25, 2016 |
AntiWailer:Borrowing is out of it... borrowing to fund bullet proof cars and useless lifestyle of these politicians?? which wholly owned Nigerian asset is still functioning? It will fail brother as long as it is a "Nigerian" asset. Why some like NLNG are still functioning is because of the stakes of the IOC's, yet if only you know what those guys are going through. NNPC is still surviving because it is "oil"related. If they say it is to fund the budget i.e their lifestyle let's see what they will use and fund next year's own given that oil price will not go up anytime soon. 3 Likes |
Re: Sale Of National Assets Needed To Fund 2016 Budget – FG by bejeria101(m): 10:14am On Sep 25, 2016 |
So who is corrupt now? 1 Like |
Re: Sale Of National Assets Needed To Fund 2016 Budget – FG by AleAirHub(m): 10:14am On Sep 25, 2016 |
Highest Scam Ever In The History Of Nigeria We Voting For APC Everyone Was Catch Unaware.... #Wait , Is This How Everybody Will Complain In The Next 3Yrs 3 Likes |
Re: Sale Of National Assets Needed To Fund 2016 Budget – FG by IyfeNamikaze(m): 10:15am On Sep 25, 2016 |
AntiWailer: you don't say. I thought they were all CHANGE agents. the good ones out the rotten eggs. I thought the commander in chief was,is and will always be calling the shots. 1 Like |
Re: Sale Of National Assets Needed To Fund 2016 Budget – FG by Nobody: 10:16am On Sep 25, 2016 |
Its is so unfortunate to know that the same budget that took them about 2-3 months to approve, is the same one they need to sell national assets to fund.....and as far as I know, this is September...... And they are declaring bankruptcy on 2016 budget, I rise 2 Likes |
Re: Sale Of National Assets Needed To Fund 2016 Budget – FG by SycophanticGoat: 10:18am On Sep 25, 2016 |
Dutchboy: Paperwhite: We don't need Buhari funding any stüpid 2016 budget anymore. For crying out loud, it's only 3 months left to the end of the year, so we should be talking about 2017 and not 2016. Still wondering why this man called Buhari is so caught up in the past that he fails to plan for the nearest future. 2016 is gone, if the useless old buffoon can't use the phantom "recovered loot", money saved up in the TSA, etc to fund the 2016 budget, let him leave it unfunded. We've been surviving and will keep surviving. Even if he decides not to budget for 2017, 18 and 19, we're ok. So let him not go about putting Nigeria up for sale just so that they can keep looting us. Useless old buffoon!!! 6 Likes 1 Share |
Re: Sale Of National Assets Needed To Fund 2016 Budget – FG by borntosuccess(m): 10:18am On Sep 25, 2016 |
just imagine,2016 budget keh nobi even 2017.It's scary 1 Like |
Re: Sale Of National Assets Needed To Fund 2016 Budget – FG by rusher14: 10:19am On Sep 25, 2016 |
Nothing wrong with the sale of State assets but they must be moribund, non-profit generating "assets" which can only be better managed in the hands of private. There are quite a number of such facilities that only end up being perennial conduits for wastage of government funds. However, I am against the sale of profitable businesses such as NLNG. I wait to see the list of businesses government would elect to sell off. 1 Like |
Re: Sale Of National Assets Needed To Fund 2016 Budget – FG by Nobody: 10:19am On Sep 25, 2016 |
maishai:Good one. It will only lead to a revolution because they will want to increase tax so as to fund their lifestyle bills called budget. I mean they will now want to be taking from the common man directly which will not work. 2 Likes |
Re: Sale Of National Assets Needed To Fund 2016 Budget – FG by eceke007: 10:19am On Sep 25, 2016 |
People are calling for the sale of Nigerian Assets to fund 2016 budget. What will we sale to fund 2017 and subsequent Budgets 1 Like |
Re: Sale Of National Assets Needed To Fund 2016 Budget – FG by borntosuccess(m): 10:20am On Sep 25, 2016 |
SycophanticGoat:on point bro hustling mode always activated 1 Like |
Re: Sale Of National Assets Needed To Fund 2016 Budget – FG by Nobody: 10:21am On Sep 25, 2016 |
Source is unreliable, appears to be someone's blog. I reserve comment until story is confirmed by credible source. |
Re: Sale Of National Assets Needed To Fund 2016 Budget – FG by Nobody: 10:23am On Sep 25, 2016 |
rusher14:NLNG is not as profitable as it should be because of government's interference. For instance Babs omotowa tried all his best before he left for the next train to reach a FID, it never happened. NLNG can be more profitable without the NNPC. 4 Likes |
Re: Sale Of National Assets Needed To Fund 2016 Budget – FG by hUmaneOne: 10:25am On Sep 25, 2016 |
adilbee: |
Re: Sale Of National Assets Needed To Fund 2016 Budget – FG by Nobody: 10:26am On Sep 25, 2016 |
The ST.UPIDEST thing i've heard! Cursed was the day i voted the dumb nomad/cohorts!...what's up with recovered loot, abacha-loot, TSA, proceeds of removed subsidies et.al?.....nig. Needs some rawling's revolution! 2 Likes |
Re: Sale Of National Assets Needed To Fund 2016 Budget – FG by GENTLETEE(m): 10:28am On Sep 25, 2016 |
How could gullible Nigerians make such a grave mistake by voting these in a political party called APC? What legacy do they want to look leave behind? They want to sell everything Nigerian! How can they imagine selling NLNG? 2 Likes |
Re: Sale Of National Assets Needed To Fund 2016 Budget – FG by ihitenansa: 10:28am On Sep 25, 2016 |
ghostmist:g |
Re: Sale Of National Assets Needed To Fund 2016 Budget – FG by GENTLETEE(m): 10:29am On Sep 25, 2016 |
How could gullible Nigerians make such a grave mistake by voting these in a political party called APC? What legacy do they want to leave behind? They want to sell everything Nigerian! How can they imagine selling the NLNG? 1 Like |
Re: Sale Of National Assets Needed To Fund 2016 Budget – FG by Nobody: 10:30am On Sep 25, 2016 |
GenBuhari:The source I used came from Punch Newspapers and if you read the report the statement was issued by The Minister of Budget and National Planning, Senator Udo Udoma who stated this in a statement issued by his Media Adviser, Mr Akpandem James, http://punchng.com/sale-national-assets-needed-fund-2016-budget-fg/ 1 Like |
Re: Sale Of National Assets Needed To Fund 2016 Budget – FG by SycophanticGoat: 10:31am On Sep 25, 2016 |
jmoore: Point of correction, the imbecilic bastards are selling national assets so that they can fund the padded budget of 2016, a year with only 3 months left to its end.. Next year, they'd start selling other assets like roads, flyover, bridges, etc. By 2018, nothing else will be left to be sold, so they'd start selling citizens into slavery. By the time they're done selling us off, then they'd be left to vote for themselves in 2019... 1 Like |
Re: Sale Of National Assets Needed To Fund 2016 Budget – FG by dumodust(m): 10:33am On Sep 25, 2016 |
adilbee:Apt and true observation 1 Like |
Re: Sale Of National Assets Needed To Fund 2016 Budget – FG by Paperwhite(m): 10:34am On Sep 25, 2016 |
thunder74:Quiet insightful dear,but that remains the big question in Nigeria today. 1 Like |
Re: Sale Of National Assets Needed To Fund 2016 Budget – FG by Nobody: 10:36am On Sep 25, 2016 |
The source is punchng not punch. Dutchboy: |
Re: Sale Of National Assets Needed To Fund 2016 Budget – FG by AntiWailer: 10:38am On Sep 25, 2016 |
IyfeNamikaze: That is the problem. I criticized and gave a reasonable alternative. |
Re: Sale Of National Assets Needed To Fund 2016 Budget – FG by tola268: 10:39am On Sep 25, 2016 |
Destined2win:This is not true way of reviving the economy, its way of paving way for some key figures in Nigeria to enslave the masses of Nigeria 1 Like |
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