₦airaland Forum

Former Vice President of Nigeria, Atiku Abubakar, has attacked President Muhammadu Buhari’s administration over the increase in borrowing.

Atiku said Nigeria under the administration of Buhari, has taken more loans in the last three years than it did in the 30-year period preceding 2016.

He described the monumental increase in borrowings vis-à-vis an unprecedented reduction in investments in education as worrisome.

It will be recalled that Buhari on Thursday sought the re-consideration and approval of the National Assembly on the 2016-2018 External Borrowing Plan of the Federal Government.

The former Vice President said this while speaking at a ceremony hosted by the American University of Nigeria on Saturday in Yola, the capital of Adamawa.

“Two weeks ago, a friend of mine, Prof. Anya O. Anya, revealed that Nigeria has taken more loans in the last three years than she has taken in the 30-year period preceding 2016.

“I am a businessman. Perhaps the first lesson one learns in business is that you do not take loans except it is to expand your business. There is no justification for taking out loans to pay salaries; meanwhile, you are not investing in your future generation.

“Nigeria’s greatness is not as tied to her elders as it is tied to her youth. That is where our investments should be focussed on,” Atiku added.

Source: https://www.ogbeta.ng/2019/12/atiku-attacks-buharis-administration.html

Lalasticlala

hmm

Says someone who is living in Dubai and doesn't have a single touch with Nigerian reality

I am a businessman. Perhaps the first lesson one learns in business is that you do not....

And this is one of the reasons why I fear this man. Capitalists do not care about the poor. It's all about expanding their own businesses and gifting to friends and lobbyists.

In a capitalist society, the margin between the rich and the poor is always very wide and visible.

Officialgarri:
Says someone who is living in Dubai and doesn't have a single touch with Nigerian reality

and is living in Dubai a crime? Y'all Zombies are hypocrites

The president himself is busy growing UK's economy with his medical tourism and you're here abusing Atiku.

Atiku has thousands of Nigerians on his payroll but can you say the same of Buhari?

Edygrin:
and is living in Dubai a crime? Y'all Zombies are hypocrites

The president himself is busy growing UK's economy with his medical tourism and you're here abusing Atiku.

Atiku has thousands of Nigerians on his payroll but can you say the same of Buhari?

Perhaps, if Atiku and his gang of thieves had bettered Nigeria in their 16 years of rule, I don't think anyone would seek medical help in london.


Atiku's payroll? Who cares about that.

One is a president and the other a businessman.

One is making policies to ensure the best for the mass, introducing programs that will curb poverty, N-power, TraderMoni, empowerment of local farmers, education , fighting corrupt people.......
While the other is working towards expanding his own private business.

Officialgarri:
In a capitalist society, the margin between the rich anf the poor is always very wide and visible

Lol. In Buhari's Nigeria the margin between the rich and poor is not wide right?
Seems you have forgotten that Nigeria became the poverty capital of the world under Buhari

[s]

Officialgarri:
Perhaps, if Atiku and his gang of thieves had bettered Nigeria in their 16 years of rule, I don't think anyone would seek medical help in london.


Atiku's payroll? Who cares about that.

One is a president and the other a businessman.

One is making policies to ensure the best for the mass, introducing programs that will curb poverty, N-power, TraderMoni, empowerment of local farmers, education , fighting corrupt people.......
While the other is working towards expanding his own private business.

[/s]
trash

[s]

Officialgarri:
Says someone who is living in Dubai and doesn't have a single touch with Nigerian reality



And this is one of the reasons why I fear this man. Capitalists do not care about the poor. It's all about expanding their own businesses and gifting to friends and lobbyists.

In a capitalist society, the margin between the rich anf the poor is always very wide and visible.

[/s]
trash trash trash

Officialgarri:
Perhaps, if Atiku and his gang of thieves had bettered Nigeria in their 16 years of rule, I don't think anyone would seek medical help in london.

In 5 years how many hospitals have Buhari built?

Edygrin:
Lol. In Buhari's Nigeria the margin between the rich and poor is not wide right?
Seems you have forgotten that Nigeria became the poverty capital of the world under Buhari

As we all know, the perfect example of wide margin between the rich and the poor was apparent during the Jonathan regime.
Lots of intimidation financially and using court rulings ...... where land properties were forcefully acquired by the rich..and so on.

Atiku the loan is not for salaries. The loan is for total overhaul of infrastructure I.e roads, bridges, power etc.

Officialgarri:
As we all know, the perfect example of wide margin between the rich and the poor was apparent during the Jonathan regime.
Lots of intimidation financially and using court rulings ...... where land properties were forcefully acquired by the rich..and so on.

as we all know? You and who

You should also know that there are more poor people in Nigeria now than they were under Jonathan.
Your second paragraph is trash though

Eteka1:
Atiku the loan is not for salaries. The loan is for total overhaul of infrastructure I.e roads, bridges, power etc.

and the previous loans of over a trillion naira nko?
Where are the roads, rails and power?

Those loans are for settlement of APC Members that did outstanding well for Buhari during the last elections and also a channel to sponsor his 3rd term intentions

Edygrin:
as we all know? You and who

You should also know that there are more poor people in Nigeria now than they were under Jonathan.
Your second paragraph is trash though

You have an insignificant grasp of reality. I'm not depending on news from papers or nairaland, I'm telling you about things I had first hand experience with and people around me.

You can call it trash cos that's how most wailers evade the truth.

I like Jonathan as a person but talk of his government, I as a patriot, I pray we will never experience such a disaster in this nation anymore.

[s]

Officialgarri:
You have an insignificant grasp of reality. I'm not depending on news from papers or nairaland, I'm telling you about things I had first hand experience with and people around me.

You can call it trash cos that's how most wailers evade the truth.

I like Jonathan as a person but talk of his government, I as a patriot, I pray we will never experience such a disaster in this nation anymore.

[/s]

Sorry bro, you're not making sense.

Officialgarri:
You have an insignificant grasp of reality. I'm not depending on news from papers or nairaland, I'm telling you about things I had first hand experience with and people around me.

You can call it trash cos that's how most wailers evade the truth.

I like Jonathan as a person but talk of his government, I as a patriot, I pray we will never experience such a disaster in this nation anymore.

First hand experience with 200 million Nigerians.
Oshey Baddest

[s]

Officialgarri:
You have an insignificant grasp of reality. I'm not depending on news from papers or nairaland, I'm telling you about things I had first hand experience with and people around me.

You can call it trash cos that's how most wailers evade the truth.

I like Jonathan as a person but talk of his government, I as a patriot, I pray we will never experience such a disaster in this nation anymore.

[/s]

[s]

Officialgarri:
As we all know, the perfect example of wide margin between the rich and the poor was apparent during the Jonathan regime.
Lots of intimidation financially and using court rulings ...... where land properties were forcefully acquired by the rich..and so on.

[/s]

Edygrin:
and the previous loans of over a trillion naira nko?
Where are the roads, rails and power?

Buhari has been mainly taking loans from China for construction of railways, which are ongoing.

Edygrin:
and is living in Dubai a crime? Y'all Zombies are hypocrites

The president himself is busy growing UK's economy with his medical tourism and you're here abusing Atiku.

Atiku has thousands of Nigerians on his payroll but can you say the same of Buhari?

If only the suffering occasioned by the maladministration of this deceptive buhari can be on his zombies and clueless supporters would have been perfect,their stupidity is very annoying
You can't hide a rotten smelly fish , people will be aware, buhari's performance is very awful,glaring for everyone to see,i Wonder what is supporters think,when spreading their falsehood,they must think we are dumb like them