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Nairaland Forum / Nairaland / General / Politics / Sabo Nanono: Nigerian Seeks $1 Billion Loan To Boost Mechanised Farming (10391 Views)
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Re: Sabo Nanono: Nigerian Seeks $1 Billion Loan To Boost Mechanised Farming by Nobody: 8:12am On Jan 25, 2020 |
Rosskiye:it is too much for a country that cannot afford to fund a $30b budget without borrowing 2 Likes |
Re: Sabo Nanono: Nigerian Seeks $1 Billion Loan To Boost Mechanised Farming by prettyliz(f): 8:19am On Jan 25, 2020 |
awa:Oh you're just noticing?After the election you still thought they were righteous |
Re: Sabo Nanono: Nigerian Seeks $1 Billion Loan To Boost Mechanised Farming by Jimi24: 8:33am On Jan 25, 2020 |
Blue3k: Thank you for your very intelligent contributions. The loans are ok but you are right about Nigerian inefficiency and corruption. The answer is a PPP arrangement on the bulldozers, tractors, ploughs, harrows and planters that the FG is going to buy. The coys supplying the equipment should be given incentives to establish service centers Nigeria. Then there is fleet management systems that squeeze out value from the machines in a structured way. They will hire each machine for average of N60000 per hectare and Nigeria has over 30million hectares. How is this not good business? |
Re: Sabo Nanono: Nigerian Seeks $1 Billion Loan To Boost Mechanised Farming by AnthonyAk(m): 8:39am On Jan 25, 2020 |
lol so people will divide until it turns to $50m if we are lucky |
Re: Sabo Nanono: Nigerian Seeks $1 Billion Loan To Boost Mechanised Farming by Masaudmuhammed: 8:52am On Jan 25, 2020 |
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Re: Sabo Nanono: Nigerian Seeks $1 Billion Loan To Boost Mechanised Farming by gonkin(m): 8:52am On Jan 25, 2020 |
Just loan out the entire nigeria abeg. Loanardos
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Re: Sabo Nanono: Nigerian Seeks $1 Billion Loan To Boost Mechanised Farming by sulaak(m): 8:59am On Jan 25, 2020 |
Rosskiye: USA is also the most productive nation in the world with export valued at $1.6 trillion. Nigeria export was $35 billion with a debt burden of $81 billion. I am not against debt, but wouldn't it be wise to fund a joint venture with a private enterprise to construct an assembly factory that will assemble tractors and farm equipments for local use and export. Nigeria once had a Fiat tractor assembly factory in the 1980s |
Re: Sabo Nanono: Nigerian Seeks $1 Billion Loan To Boost Mechanised Farming by Lastmankc(m): 9:07am On Jan 25, 2020 |
englishmart:ha
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Re: Sabo Nanono: Nigerian Seeks $1 Billion Loan To Boost Mechanised Farming by vr0xen: 9:14am On Jan 25, 2020 |
Rosskiye: #1 billion dollar boko haram saga and we saw the jet he purchased i will pay that suya aboki guy to grill some snake for you am sure LALA will permit that ASSHOLE 1 Like 1 Share
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Re: Sabo Nanono: Nigerian Seeks $1 Billion Loan To Boost Mechanised Farming by Marcopol0090: 9:23am On Jan 25, 2020 |
Rosskiye: We see some of the things dem use money do not like this Nigeria |
Re: Sabo Nanono: Nigerian Seeks $1 Billion Loan To Boost Mechanised Farming by berrystunn(m): 9:26am On Jan 25, 2020 |
Borrowing money to loot We met 2t, we spent 1t Borrowed 14t no record. |
Re: Sabo Nanono: Nigerian Seeks $1 Billion Loan To Boost Mechanised Farming by Adrian98(m): 9:28am On Jan 25, 2020 |
Shut up |
Re: Sabo Nanono: Nigerian Seeks $1 Billion Loan To Boost Mechanised Farming by berrystunn(m): 9:36am On Jan 25, 2020 |
Rosskiye: Where they borrowing to loot? Dollars still control the world market Who owns the dollar? America is owning them self . Do ask how. |
Re: Sabo Nanono: Nigerian Seeks $1 Billion Loan To Boost Mechanised Farming by ameh99: 10:08am On Jan 25, 2020 |
Another plans to loot the future of this country, chai .... Why not kuku ma sell off the entire country and give everybody em share make we find our way I don tire....
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Re: Sabo Nanono: Nigerian Seeks $1 Billion Loan To Boost Mechanised Farming by mikkywebs(m): 10:31am On Jan 25, 2020 |
This is the situation on ground..... GOD has a way of bringing them to shame. We shall still survive it . |
Re: Sabo Nanono: Nigerian Seeks $1 Billion Loan To Boost Mechanised Farming by Horus(m): 10:42am On Jan 25, 2020 |
https://www.youtube.com/watch?v=zRTAP8iAh4U Young Nigerian Builds Tractor and Farm Machinery solmusdesigns: |
Re: Sabo Nanono: Nigerian Seeks $1 Billion Loan To Boost Mechanised Farming by Nobody: 10:44am On Jan 25, 2020 |
MarkT30:indeed, it is obvious they plan to embezzle that money, afterall the land of nigeria is not going anywhere, future regimes will pay thru their noses for all they care, they have succeeded in setlling themselves. |
Re: Sabo Nanono: Nigerian Seeks $1 Billion Loan To Boost Mechanised Farming by Nobody: 11:01am On Jan 25, 2020 |
nigerians are allergic to details,...we have zero attention to detail. imagine this nonsense "In Nigeria, it seeks to enhance agricultural mechanisation, specialised extension services and agro-processing in the 774 local government areas of the country." so all local governments would get tractors, all local governments have arable land, have sizable government operated farms. They could not even be hothered to lie properly, even the lie has no detail. |
Re: Sabo Nanono: Nigerian Seeks $1 Billion Loan To Boost Mechanised Farming by sencekompis: 11:23am On Jan 25, 2020 |
PLS keep enriching the NORTH with agricultural programs, we understand where you are heading to. All regions will be fully dependant on the north for food B4 and after the regional system is enacted |
Re: Sabo Nanono: Nigerian Seeks $1 Billion Loan To Boost Mechanised Farming by Nobody: 11:53am On Jan 25, 2020 |
Rosskiye:According to David Cameron Buhari government is fantastically corrupt and in Transparency International latest rating Nigeria dropped 10 places to 146 from 136 it used to be under Goodluck Jonathan regime. |
Re: Sabo Nanono: Nigerian Seeks $1 Billion Loan To Boost Mechanised Farming by Nobody: 11:54am On Jan 25, 2020 |
helinues:
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Re: Sabo Nanono: Nigerian Seeks $1 Billion Loan To Boost Mechanised Farming by 69simon(m): 12:14pm On Jan 25, 2020 |
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Re: Sabo Nanono: Nigerian Seeks $1 Billion Loan To Boost Mechanised Farming by CodeTemplar: 12:32pm On Jan 25, 2020 |
seven tractors per 100 square meter doesn't sound bad to me o. one hundred square meter can even be cultivated by 4 able-body men o. |
Re: Sabo Nanono: Nigerian Seeks $1 Billion Loan To Boost Mechanised Farming by Nobody: 1:18pm On Jan 25, 2020 |
englishmart: Will borrow to reach orgasms in the oza room |
Re: Sabo Nanono: Nigerian Seeks $1 Billion Loan To Boost Mechanised Farming by Nobody: 2:08pm On Jan 25, 2020 |
Gforce2015:
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Re: Sabo Nanono: Nigerian Seeks $1 Billion Loan To Boost Mechanised Farming by Jimi24: 3:20pm On Jan 25, 2020 |
Lostz: Ordinary Lagos State would be able to fund $30bn annual budget if we do the right things. Nigerias fiscal problems are not just very temporary., they are a dangerous distraction if we focus too much on them. It is as stupid as a man saying he won't borrow to send his kids to school because 80% of his salary will be spent on school fees. The consequences of that decision are out of proportion compared with the temporary discomfort. For this particular issue, what the FG should do with the money is to set up assembly plants for bulldozers, tractors, ploughs, harrows, tillers, grain planters and tuber cultivation equipment. This is much better than using $1bn to buy equipment. |
Re: Sabo Nanono: Nigerian Seeks $1 Billion Loan To Boost Mechanised Farming by Nobody: 3:32pm On Jan 25, 2020 |
Jimi24:it will better spent on Dubai trip and extravagant lifestyle |
Re: Sabo Nanono: Nigerian Seeks $1 Billion Loan To Boost Mechanised Farming by slowice(m): 3:42pm On Jan 25, 2020 |
While the plan is laudable, I don't understand why we have to borrow to be able to fund about everything this govt is doing... Not because borrowing is bad but because the purpose may fail due to looting through purchase of equipments etc |
Re: Sabo Nanono: Nigerian Seeks $1 Billion Loan To Boost Mechanised Farming by Obiagu01: 7:50pm On Jan 25, 2020 |
Blue3k: Allah ya kiyaye.he who goes borrowing goes sorrowing,according to an old folk. |
Re: Sabo Nanono: Nigerian Seeks $1 Billion Loan To Boost Mechanised Farming by Obiagu01: 7:52pm On Jan 25, 2020 |
Re: Sabo Nanono: Nigerian Seeks $1 Billion Loan To Boost Mechanised Farming by Legendguru: 8:55pm On Jan 25, 2020 |
Jmmm |
Re: Sabo Nanono: Nigerian Seeks $1 Billion Loan To Boost Mechanised Farming by mikolo80: 9:31pm On Jan 25, 2020 |
Blue3k:Uber for tractors (Google hello tractors) |
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