Nigerians are funny set of people. This present knows how to toy with their brains.

The news is already out without them recovering the funds yet. This is Nigerians will celebrate. The fund won't be recovered and nothing will be heard about it any more.

However, gullible Nigerians will be masturbating on this proposed recovery for the next one year without asking questions if truly the funds were later recovered.

It is disheartening what this country has turned to and a total shame

naijapips04:


Nobody was going to dash anybody money. Its a loan dammit!

Im sure there were repayment plan agreed with the banks. What Buhari is trying to do now is swoop on them and demand they pay everything in the name of fighting corruption. Same thing he did with TSA that took us into recession. We are about to repeat that circle again.

I said politics aside. Am neither a Buhari fan or PDP. But seems u just dislike or hate anything related to Buhari. I still cant read a statement that claims the money will be paid once. If these banks aren't dubious, for the past 13yrs they should av started paying up. They short-pay so many staffs , with so many unreasonable charges imposed on the masses, and u see most of their top guns living large. The money must be returned but in a flexible way over a given period of time.

Alzirida:
I implore FG to trade with caution
Even through its the right thing to do however they should be given more time to avoid collapse

How will they collapse when the claim to make 200billion naira Profit each last year. Please let government recover it from their false claimed profit instead of being shared amount shareholders. Zenith Bank alone claimed to have made close to 200billion naira PAT, GT thesame. Even a tier 2 bank like stanbic claimed to make 49billion. Please let them pay

naijapips04:


Nobody was going to dash anybody money. Its a loan dammit!

Im sure there were repayment plan agreed with the banks. What Buhari is trying to do now is swoop on them and demand they pay everything in the name of fighting corruption. Same thing he did with TSA that took us into recession. We are about to repeat that circle again.

TSA took you into recession? Haba!!! Eberu’Olohun fa. Better go and read basic economy or revisit what Okonjo Iweala said just before 2015 election about how money was being borrowed to pay federal givernement workers salary. Bros, Bros bros abeg

naijapips04:


Daft statements like this get me mad. So PDP lent banks billion of dollars to avoid them collapsing after the global financial crisis and that's criminal?

You think you can just wake up and damand that banks pay back trillions of Naira?

Buhari is just daft. Most of our banks are struggling. Asking them to payback this trillions would just crash many of them and take us back to recession.

The way these Buharis dolts reason is just disgusting.

So in summary, FG should forget about the money right?

Whooping 7billions dollars this time,the idea of giving bailout was good,but dashing these privately owned banks who were milking citizens every seconds was the worst decision taken by the so called government.
Our past presidents were too reckless financially,hence,we find ourself in this financial predicament presently.

[s]

naijapips04:


Daft statements like this get me mad. So PDP lent banks billion of dollars to avoid them collapsing after the global financial crisis and that's criminal?

You think you can just wake up and damand that banks pay back trillions of Naira?

Buhari is just daft. Most of our banks are struggling. Asking them to payback this trillions would just crash many of them and take us back to recession.

The way these Buharis dolts reason is just disgusting.

[/s]

This one that cannot solve simple arithmetic is here once again exposing his comprehension deficit. Where did I say it is criminal lending the money or that it is criminal not recovering the money all this while? I feel sad every time you disgrace your entire family just to be among. Every loan had a condition and now the same bank lent huge amount of money believe it is dash and you think that isn't criminal. Can you if think if I may ask?

patani:


TSA took you into recession? Haba!!! Eberu’Olohun fa. Better go and read basic economy or revisit what Okonjo Iweala said just before 2015 election about how money was being borrowed to pay federal givernement workers salary. Bros, Bros bros abeg

The guy lacks the capacity to reason. Just as he dirgaced humans resort to lying in and out in this thread https://www.nairaland.com/4702607/throwback-61-nigeria-poverty-2012 so shall he attempt say thievish tomfoolery

naijapips04:


Daft statements like this get me mad. So PDP lent banks billion of dollars to avoid them collapsing after the global financial crisis and that's criminal?

You think you can just wake up and damand that banks pay back trillions of Naira?

Buhari is just daft. Most of our banks are struggling. Asking them to payback this trillions would just crash many of them and take us back to recession.

The way these Buharis dolts reason is just disgusting.

Shut up Sir. Will the commercial banks borrow u money and leave it ? Impossicant. Its not necessary they pay at once, they may repay it over a period of ten years(too much sef). The most important tin is that they repay what they borrowed.

vedaxcool:


The guy lacks the capacity to reason. Just as he dirgaced humans resort to lying in and out in this thread https://www.nairaland.com/4702607/throwback-61-nigeria-poverty-2012 so shall he attempt say thievish tomfoolery

Don’t abuse him bro. He is just a university lad

Beedude:

I said politics aside. Am neither a Buhari fan or PDP. But seems u just dislike or hate anything related to Buhari. I still cant read a statement that claims the money will be paid once. If these banks aren't dubious, for the past 13yrs they should av started paying up. They short-pay so many staffs , with so many unreasonable charges imposed on the masses, and u see most of their top guns living large. The money must be returned but in a flexible way over a given period of time.

Best of luck treating his Acute Intelligence Deficit Syrdrome (AIDS) a lot of people have tried but he simply too dense to be helped

patani:


Don’t abuse him bro. He is just a university lad

Oh, is he?

Makawhizzy:

It's a CBN job to do and last time I checked they are independent and not party agencies. Government is about continuity. The time we majority class stop shouting party division the way the elites who are changing political party based on selfish already programmed us the better it is for us. Majority of those PDP are now APC stalwarts while we the affected masses are shouting it's PDP, APC, ANPP

Which they have failed to do, hence warranting the government stance. Had this committee not discovered such would you even know this happened?

vedaxcool:
[s][/s]

This one that cannot solve simple arithmetic is here once again exposing his comprehension deficit. Where did I say it is criminal lending the money or that it is criminal not recovering the money all this while? I feel sad every time you disgrace your entire family just to be among. Every loan had a condition and now the same bank lent huge amount of money believe it is dash and you think that isn't criminal. Can you if think if I may ask?

Shut up fool. The banks have been paying up I'm part annually. Many of the has designated N50 billion to service these loans. Buhari making it an item now means he want to swoop on the banks and take everything.

lecowas:


Shut up Sir. Will the commercial banks borrow u money and leave it ? Impossicant. Its not necessary they pay at once, they may repay it over a period of ten years(too much sef). The most important tin is that they repay what they borrowed.

And you think they've not being repaying?

[s]

naijapips04:


Shut up fool. The banks have been paying up I'm part annually. Many of the has designated N50 billion to service these loans. Buhari making it an item now means he want to swoop on the banks and take everything.

[/s]

Using words that describe your level of intelligence would not make you any more smarter than a poop licking housefly. The article neither claim the Banks are pay nor the banks designated the money you claim.

I am with my civic duty assisting unintelligent grown ups reason like an adult you need to start paying me for a educating you.

vedaxcool:
[s][/s]

Using words that describe your level of intelligence would not make you any more smarter than a poop licking housefly. The article neither claim the Banks are pay nor the banks designated the money you claim.

I am with my civic duty assisting unintelligent grown ups reason like an adult you need to start paying me for a educating you.

I'm sorry I tried. I can't make sense of this nonsense you wrote. You can write Yoruba for me dude, I can read that.

Loans have repayment plans. That banks are still owing a portion of the loans doesn't mean they were not repaying anything as your paymasters are making us believe.

You are too dull for this discuss man. Your principle should tell us what the terms of the loans are and how many banks have defaulted and not making bracket statement to rail up propaganda.

And according to you, its all because of Jonathans corruption. You are just too dull.

https://allafrica.com/stories/201108100374.html

lecowas:


Shut up Sir. Will the commercial banks borrow u money and leave it ? Impossicant. Its not necessary they pay at once, they may repay it over a period of ten years(too much sef). The most important tin is that they repay what they borrowed.

And who told you they've not being repaying?

https://allafrica.com/stories/201108100374.html

Alzirida:
I implore FG to trade with caution
Even through its the right thing to do however they should be given more time to avoid collapse

More time after 13years? when they are already feeling that 7billion dollars was dashed to them. You should be talking of immediate payment plan. by the time you see the extravagant life style of these banks executives, you will be quick to ask the government to snuff out the money from them.

Makawhizzy:

Between allowing the banks to collapse and borrowing them to scale through tough times which one is better? Be objective

Did you read the piece? The bailout funds were never loaned to those banks, according to the CBN they were freebies. Bailout fund is not free money, if after 10 years and those banks have not paid back any fraction of the money they got then the govt should go after them. We can't be giving free monies to private businesses.

naijapips04:


I'm sorry I tried. I can't make sense of this nonsense you wrote. You can write Yoruba for me dude, I can read that.

Loans have repayment plans. That banks are still owing a portion of the loans doesn't mean they were not repaying anything as your paymasters are making us believe.

You are too dull for this discuss man. Your principle should tell us what the terms of the loans are and how many banks have defaulted and not making bracket statement to rail up propaganda.

And according to you, its all because of Jonathans corruption. You are just too dull.

https://allafrica.com/stories/201108100374.html

Since you have other and better information than the government officials, no need for naming calling, just tell us how much the money was, the payment plan, how much the banks have paid so far and the exact balance as at today.

naijapips04:


And who told you they've not being repaying?

https://allafrica.com/stories/201108100374.html

U were saying a different thing earlier and now another thing. Issokay, kwantinu. U even said TSA brought recession. U will not kill somebody with laugh o

vedaxcool:


Which they have failed to do, hence warranting the government stance. Had this committee not discovered such would you even know this happened?

Let's hear the other side of the story from the banks. FG lies too much for me to just believe them these days. They manufacture figures anyhow just to paint opposition black many a times so till those banks speak and tell us their side of the story we don't want another TSA desperado move that brought this country to her knees finally

Makawhizzy:

Between allowing the banks to collapse and borrowing them to scale through tough times which one is better? Be objective

Shouldn't borrowed money be returned by now? Or are they still struggling?

contigiency:


Since you have other and better information than the government officials, no need for naming calling, just tell us how much the money was, the payment plan, how much the banks have paid so far and the exact balance as at today.

Some banks have already cleared thier debts. Check this story

https://allafrica.com/stories/201108100374.html

Others are paying N50 billion annually to service this loan.

http://sunnewsonline.com/cbn-spends-over-n3trn-in-8-years-bailing-out-banks/

Moreover it is because of this same reason AMCON was created by the PDP government.

Iziquiel:

Did you read the piece? The bailout funds were never loaned to those banks, according to the CBN they were freebies. Bailout fund is not free money, if after 10 years and those banks have not paid back any fraction of the money they got then the govt should go after them. We can't be giving free monies to private businesses.

Someone posted a link showing two banks paid and there is a possibility others are paying but are yet to fully pay back in full. I no dey trust FG most times ooo cox dey will later come back to tell you they never said it

lecowas:


U were saying a different thing earlier and now another thing. Issokay, kwantinu. U even said TSA brought recession. U will not kill somebody with laugh o

What different thing dolt?

And yes the rushed implementation of TSA by the buhari government is one of reasons we entered into recession.

patani:


TSA took you into recession? Haba!!! Eberu’Olohun fa. Better go and read basic economy or revisit what Okonjo Iweala said just before 2015 election about how money was being borrowed to pay federal givernement workers salary. Bros, Bros bros abeg

The desperado implementation was the last straw that broke the camel back

naijapips04:


Some banks have already cleared thier debts. Check this story

https://allafrica.com/stories/201108100374.html

Others are paying N50 billion annually to service this loan.

http://sunnewsonline.com/cbn-spends-over-n3trn-in-8-years-bailing-out-banks/

Moreover it is because of this same reason AMCON was created by the PDP government.

Me I don't even support PDP or APC or any of them. Government is one, if one tenure didn't recover fully the next one should continue and I don't know why people still easily believe the FG we have now when 80 percent of the time they debunk same news they circulated. It may surprise you at the end of the day that the figure mentioned was someone's imagination or the exact money borrowed ten years ago without removing how much they have recovered just to make opposition look bad which is same thing they know we the masses will jump on while we forget all political class are one

Makawhizzy:

The desperado implementation was the last straw that broke the camel back

Okay, how? Please I’ll like us to have intellectual argument

People are just writing all sorts of sentimental stuff, calling names just because government of buhari is involved in this needed sanity in the country.

I want any one that can prove that any bank in Nigeria has ever dashed him money to put in his business. or has even loaned him money with favourable conditions just for him to put his business. If not after asking for bogus collateral, they will still charge you high interest rates of above 20% and also mandate you to return the money on or before 4years.

So In this case, where is the moral justification for not paying back such huge amount given without interest after 13years. And they are now saying it's a free money. Please they should pay without further delay.

naijapips04:


Some banks have already cleared thier debts. Check this story

https://allafrica.com/stories/201108100374.html

Others are paying N50 billion annually to service this loan.

http://sunnewsonline.com/cbn-spends-over-n3trn-in-8-years-bailing-out-banks/

Moreover it is because of this same reason AMCON was created by the PDP government.

It's ok, anyone interested can further verify the news from the link. meanwhile, the statement that "it was because of this that AMCON was created by PDP government" that PDP there was not necessary. unless you are showing simparty to the party. Just the fact that AMCON was established by the government for issues like this would have been ok. else, it will make your contributions on the matter look bias.