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Nairaland Forum / Nairaland / General / Politics / $16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari (40035 Views)
House Of Representatives To Probe Obasanjo, Yar’Adua & Jonathan Power Contracts / $16bn Power Projects: Why Buhari Should Not Probe Obasanjo – Shehu Sani / Again, Oshiomhole Urges Buhari To Probe Obasanjo (2) (3) (4)
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Re: $16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari by EZENDIZUOGU(m): 9:36am On May 23, 2018 |
the fight is about to start, 2019 will be very interesting |
Re: $16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari by obailala(m): 9:42am On May 23, 2018 |
APC has borrowed more in 3 years than PDP did in 16 years. BakireBulmaker:Of course APC borrowed more than PDP but giving the 16 vs 3 years is a sensational comparison to sway emotions. Firstly, as at 2008/2009, Nigeria was virtually free of debts and all the debts by PDP were only from 2009-2015. So if we must compare, it is actually 6 vs 3 years, not 16 vs 3 years. And then if its analysed a little more critically, the only way to get out of a recession is to borrow and spend. As at late 2014 when oil prices was still up to $70, the finanxe ministry already predicted a major economic crisis and it stepped up borrowing to prevent a recession. We all know that by end 2015/start 2016, oil prices dropped further to $28, Nigeria's oil export also dropped by over 60% due to pipe bombings and in general, Nigeria's income dwindled by over 70-80% heralding the official recession in Q1 2016. Irrespective of the low income, Nigeria still had standard operational/recurrent expenses that needed to be met, salaries had to be paid, hospitals had to be run, armed forces had to be financed etc., and since there was virtually nothing in savings, borrowing was the only option. So without much thought, I think it's quite clear to all why Nigeria had to borrow so much between 2015 and 2017. The question that really bogs my mind is why Nigeria had to borrow so much between 2009 and 2015 when oil sold for averages over $100, and when Nigeria received unprecedented high income. |
Re: $16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari by vicfajeze: 9:46am On May 23, 2018 |
SEASON FILM PART OO9 |
Re: $16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari by NwaIgboBoy(m): 9:53am On May 23, 2018 |
buh serozly Obasanjo and David Mark really killed nigeria. they looted billions and billions of dollar in the name of power. Buhari thanks for saying the truth atlist for once, buh that dons't mean you will win come next year election o!!! because we must try our very best to send you back to Daura Fulani villa plz sir. Thanks!!!! |
Re: $16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari by BakireBulmaker: 9:57am On May 23, 2018 |
obailala: @bolded Yes the masses backed by the cabal wouldn't let GEJ completely remove subsidy - the largest single source of corruption in the country. Maintaining pump price at N87/N97 made nonsense of whatever was the price of crude oil in the world market and what it should have profited us. |
Re: $16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari by 2016v2017: 10:02am On May 23, 2018 |
Firefire: |
Re: $16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari by obailala(m): 10:27am On May 23, 2018 |
BakireBulmaker:Well, it all balls down to trust. When the debate for fuel subsidy removal was on, the points made by SLS and NOI in support of subsidy removal were very clear to all, but the lackadaisical attitude of the government in going after the fraudsters led to the disapproval by the Nigerian masses. And yeah, it was the Nigerian people that roundly rejected it then, not any particular cabal, Nigerians have always rejected and protested every single fuel price increase since as long as I can remember, so I don't see how the one of 2012 (almost a 100% increase) could have been any different, or the work of a cabal. |
Re: $16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari by CioAngels(f): 10:38am On May 23, 2018 |
At least, for once somebody is bold enough to ask Obj question, true or false. Did i just say bold? Pa Buhari, please, ask Pa Obj about Nigerian air ways and her assets, also the masses Operation Feed the Nation farm. |
Re: $16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari by BakireBulmaker: 11:19am On May 23, 2018 |
obailala: And what better way could GEJ have gone for the fraudsters than by removing the whole subsidy nonsense altogether Had we allowed him, we would have overcome fuel crisis once and for all. |
Re: $16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari by lordkay10(m): 11:32am On May 23, 2018 |
lastpage:Wow! Welcome back, that was a long break bro |
Re: $16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari by obailala(m): 1:08pm On May 23, 2018 |
BigBrother9ja:Empty vessels indeed make the loudest noise; a notable symptom of an empty skull in this forum is one who jumps straight to insults when asked to support his claims with examples. You claim $16 billion can produce 30,000mw through 16000 wind turbines right?... So kindly provide just one evidence to back up your claim that $1billion can indeed produce almost 2000mw; heck! that's even too much, just provide any example of any wind farm project globally where $1bn produces up to 1000mw. On a second thought, I think I must really be an olodo, but for no other reason than expending precious few seconds granting audience and responding to the trash being spewed by a ruthless ignoramus... You advised that I use my brain, I am doing just that; but the real question is, do you actually have one? |
Re: $16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari by Ayobami7(m): 1:14pm On May 23, 2018 |
Okay |
Re: $16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari by deomelo: 1:34pm On May 23, 2018 |
BakireBulmaker: You are on a public forum where people discuss issues and exchange sane, rational views and thoughts, so, of what relevance is your presence here if all you have to offer is other people's opinions and non factual views that you yourself can not support with any sane and rational facts.? If you are going to make claims, quote and debate other people, common sense dictates that you purvey your own personal views and assertions with credible facts. Don't quote people or engage in any discussion if you have nothing sensible to contribute beyond other peoples baseless and ignorant opinion that doesn't jell with documented and historical facts. |
Re: $16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari by Mydazz(m): 1:49pm On May 23, 2018 |
Ebora Owu just took a swipe at the President of Nigeria, really? In a language he can understand? |
Re: $16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari by BakireBulmaker: 3:22pm On May 23, 2018 |
deomelo: Stop beating around the bush. Just say you don't want to believe Tunde Bakare. Nevertheless, it doesn't take anything from the fact. Till today, nobody in the presidency is yet to fault him. |
Re: $16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari by DabuIIIT: 10:42am On May 25, 2018 |
BakireBulmaker: shattap dia,you were a sai baba zmB and are one of those afonjas who brought the dullard onboard. Btw,hows ur 'friend',firgamachaWhatever? keep deceiving yasef. |
Re: $16b Power Project: I’m Ready For Probe, Obasanjo Dares Buhari by opeyemicollins(m): 11:49am On May 25, 2018 |
OBJ should better stay calm and be like that because if he asked this administration to probe him,eventually he will end back in prison they took him from to become president.we knew very well that he can never account properly gfor that 16billion dollar |
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