naijapips02:


$2.1 billion were remitted from LNGs proceeds.
Don't have Ur time.

Esseite:


Progress69, is it not time to run again?

progress69:


Lol.
Confused man!
Not NLG account again?

progress69:


Staying here is amounting to fooling myself with u, and an insult to my intelligence.

Enjoy ur dumb threads.lol

naijapips02:


Dude like I said, my keyboard is messing my typing up. I mean proceeds from Liquid Natural Gas (LNG) sold during GEJs tenure formed part of your bailout package as well as monies in ECA saved by GEJ.

https://www.google.com.ng/amp/s/www.premiumtimesng.com/news/headlines/186198-buhari-approves-n1-2-trn-rescue-plan-for-bankrupt-states-releases-lng-funds.html/amp

Stop fee fly. All your points are DOA.

progress69:


Lol. Ur keyboard as suffered. Ur keyboard made u type NLG account?
Drop it like its hot.
Your keyboard also made u type GEJ saved LNG money.
U dont even understand what u are talking about, that is your number one problem. U are just roaming about looking for articles to massage ur unenlightened opinion.
What do u mean proceeds made from LNG sold by GEJ

naijapips02:
It's time to stop the lies been pedalled by APC and their goons. Bring up lies disguising as facts and feeling smart about it.

They feel it makes them look smart by supporting APC. Been there.

I'm going to tackle progress69 here point by point.

1. 27 state governors were owing back log of salaries as at May 2015 when this government took over hence the bail out funds approved for governors. Despite this bail out funds, many refused to meet their obligations.

Governors always owe salary. Thats what they do. Money was disbursed by the centre. It's not the fault of the centre that these monies are not managed well by the respective states. Besides, it was an election year, and many governors were stocking up monies for re-election. The same governors that had surplus to embark on such frivolous project as a monorail couldn't pay salaries.

After the purported bailout (which by the way was done with monies saved by GEJs administration) 23 governors still owe salaries ranging several months as at June of this year . https://www.google.com.ng/amp/dailypost.ng/2017/06/26/nulge-lists-23-states-owing-salaries-number-months/amp/


2. Federal Government was borrowing to pay 2015 salaries.

This is a big lie. Read that story again. The sharp fall in the price of oil was unprecedented. Against the benchmark of $70/$80 oil feel below that. So the government had to technically borrow around $800 million to finance the deficit. This is not new nor was it peculiar to Nigeria.

Now contrast this to buhari's government that has borrowed over $60 billion since it came into power. Over 40℅ of our budget is deficit and we are running Nigeria with borrowed money.

https://www.google.com.ng/amp/s/www.vanguardngr.com/2017/10/buhari-writes-senate-borrow-5-bn-finance-2017-budget/amp/



3. Oil marketers were owed billions, led to a fuel scarcity that paralyzed Nigeria, even banks were closing before time, telecoms operators were sending texts about expected disruptions (never in Nigeria have this happened until 2015)


Another big lie. The fuel scarcity of 2015 which lasted few days by the way, was caused by uncertainty from the point of view of oil marketers of whether their outstanding subsidy claims would be paid before the handover. The incoming buhari then was preaching and shouting that he doesn't know what subsidy was, so the marketers were naturally scared that buhari might not continue paying their outstanding debts.

https://www.google.com.ng/amp/s/www.naija.ng/amp/394951-what-caused-the-fuel-scarcity-oil-marketers-open-up.html

Now contrast this with this present scarcity that has lasted for almost one month.


4. Okonjo-Iweala who many people in the opposition believe would have done better or saved the economy warned of tougher times as oil slipped low to about $76.

Dude stop being naive. Oil prices were coming down. That is the same message any leading economist in an oil based economy would give. Brace for tougher times doesn't equal recession. And besides the ECA that GEJ saved up for times like this, he was forced to share b the greedy governors lead by your very own Amaechi.

https://www.google.com.ng/amp/s/www.naija.ng/amp/998647-jonathan-shared-part-1bn-oil-savings-amaechi-governors.html

5. Falling Foreign Reserves

Nigeria’s foreign reserves drop to $29.13 billion

The foreign reserve has been falling and rising. It was once stood at $36.3 billion in October of 2014, even with all the subsidies GEJ was paying. And mind you $29.13 billion in 2014 is worth twice that value now in 2017, with our crazy exchange rates, no thanks to buhari.

Let's wait to the end of buhari's tenure to do a proper analysis.

Im not holding a brief for the past admin but This asslicking has to stop this year

GavelSlam:


Everything you wrote up there can be regarded as one big typo.

Demdem:
[s][/s]

Very daft and silly rebuttal. U said nothing Goon.
Like Tanoids, like ipobians, like Jonah-daftt cocck-suckers. Very foolish set of human beings

naijapips02:


Jonathan made sure we never experienced recession even when the world was in a big mess in 2008. Jonathan handed buhari one of the fastest growing economies in Africa. No?

naijapips02:


Didn't expect less from u.

Demdem:



Ignoramus, was Jonah-daft president in 2008?

Demdem:
[s][/s]

Very daft and silly rebuttal. U said nothing Goon.
Like Tanoids, like ipobians, like Jonah-daftt cocck-suckers. Very foolish set of human beings

progress69:


Lol. Jonathan saved LNG funds? what is LNG account? I am not understanding, so there is an account called LNG account.
You see the kind of people that want me to engage them?

Demdem:


U are far below me. I trample on ur kind for fun so expecting u to decipher my wisdom is actually a tall order

billante:


The lazy thing to do now is when you see somebody made sense in what he wrote and you know you can't bring any sensible response to give you just cancel his writings and type he said rubbish

naijapips02:


Wisdom? Wetin concern vulture with barber?

Ask ur papa, he knows better

Demdem:


Don't mind the fool. His eediocy is hereditary. LNG account my foot

Demdem:


Oponu, point out one single sensible thing that animal said?

naijapips02:


So you don't know that LNG has an account in Federation account , where proceeds are remitted?

Most MDAs all have accounts with the CBN...

Demdem:


Ask ur papa, he knows better

naijapips02:


Na your papa be president.j Jonathan was part of that government and fairly took over in 2009.

The world experience it's worse depression in a long while from 2008 - 2012.

Amidst recession, Nigeria was growing.

Buhari on the other hand turned a massive growing economy depressive in just months.

Demdem:


Oponu.......good to know that u lied that Jonah-daft was in charge in 2008

Liar, Jonah-daft became acting President in 2010. Before then, he was a lame duck Idiota.

The reason why we didn't experience the meltdown then was Yaradua approved release a part of our collective savings that Obj saved for us.
By the time Buhari took over, Jonah-daft who didn't save in time of plenty also depreciate our savings to the barest minimum and baba couldn't dip his hand further into it to avoid recession.

Even at that, we are currently over it right now due to baba ingenuity because we are no longer in recession.

Jonah-daft ur god was a curse.

naijapips02:


At least I sabi my papa. Bastard child.

Eediota thinks na him papa he dey deal with. Very foolish and gullible thing.

billante:


Rantings of a zombified slowpoke!

billante:


To a buharist nothing will make sense there....its expected

I knew it. Even u urself can't even point out any sensible thing from the thrash.

Demdem:


Oponu.......good to know that u lied that Jonah-daft was in charge in 2008

Liar, Jonah-daft became acting President in 2010. Before then, he was a lame duck Idiota.

The reason why we didn't experience the meltdown then was Yaradua approved release a part of our collective savings that Obj saved for us.

By the time Buhari took over, Jonah-daft who didn't save in time of plenty also depreciate our savings to the barest minimum and baba couldn't dip his hand further into it to avoid recession.

Even at that, we are currently over it right now due to baba ingenuity because we are no longer in recession.

Jonah-daft ur god was a curse.

Demdem:


I knew it. Even u urself can't even point out any sensible thing from the thrash.

naijapips02:


So you don't know that LNG has an account in Federation account , where proceeds are remitted?

Most MDAs all have accounts with the CBN...

billante:


If I start naming them you won't still acknowledge any... so no need to waste energy.

Demdem:


Shattapppp and listen olodo. U Av a lot to learn from me ignoramus.

Owners of Nlng includes NNPC (FG), Shell and two other multinational companies.

It's currently run like a private company, infact operationally Shell has a larger say that's why MDs of Nnlg comes from Shell and deputy MD comes from NNPC from time memorial.

When it's time to share profit, it's done based on percentage of the owners

NNPC receive on behalf of Fg and deposit in CBN in the Federation account.

Eediota, Nlng is not an MDA of fg. U are such a joke.