JAMO84:
I wouldn't support this loan if this government have at least, 80 percent of the revenue the previous government had.


Add all the recoveries, loans and taxes, Buhari would still be at least 200 billion dollars behind Jonathan.


If oil was selling at seventy dollars and a certain government was taking billions of loans to pay salaries, is it now that it's 30 dollars that we shouldn't take loans? Will Buhari pay for all these gigantic projects with his military pension?


Please, anyone that cannot counter these with facts should not quote me, my mood is so bad I could curse anyone who mention me with shallow logic.

Keep giving them excuse. U will be alright

ogelekpomgam:

Condenm what is wrong and stop being a chameleon.

What's wrong in borrowing for Infrastructural development? Your Hero borrowed to pay Salary in the previous govt even when crude was $110 .

I pity anyone giving birth to plenty of kids now in Nigeria

There is no future on the horizon for the country

They've spent all the income for today and borrowed your children's income join am

Hold you prick

This was the real reason why the govt made unimaginable efforts to remove Saraki.

My prayer is that those who keep on supporting this rape of our country will find no way to escape Nigeria.

May all their efforts to leave for better countries fail and may they and their children grow old, stuck here to partake of the fruits of their doings

Esseite:

Is there any project in the East sited on that loan schedule?..

None

Macphenson:
Buhari has vowed that he must wreck Nigeria before he leaves by 2023.

The annoying part of it is that he is finding useful idiots like Femi Gbajiabiamila and Ahmed Lawan to perpetuate his evil act .

Shouldn't they have ask him to account for all the money he has borrowed so far?

Which projects have they gone into?

They keep approving him borrowing away the future of generations yet unborn.

Have they really asked him to show us how these loans will be repaid?

He fully implemented TSA, increased custom duty, introduced POS charges, stamp duty , increased VAT to 7.5,.

What is Buhari doing with all these money, ?


Buhari is a disaster and a virus more disasterous than Corona..

Buhari is not qualified to be a Whatsapp administrator yet Tinibu because of his selfish reason foisted him on hapless Nigerians.

The loans are to finance Islamization and Fulanization of Nigeria.

To lead this NASS, Buhari carefully chose Islamic faithfuls, including Gbajamila, a half Moslem half Ogun worshipper.
Buhari is building gas pipeline from the Nigerdelta to Arabia North Africa with three huge gas plants in northern Nigeria. Roads and railway included from northern Nigeria to Arab countries.

That’s what the loans are for.


These projects cannot be allowed to materialize, watch it.

moriss33:
Would you blame them for trying to leave a failed marriage?

Let us say the truth for what it is. The Ibos are the tribe in Nigeria with expansionist tendencies. They wanted to dominate others. You cannot blame the north for the counter coup after Ibos killed all their revered leaders. The Ibos would have done the same. When the coup failed, the north realized that to prevent this natural expansionist tendency they need to cut off the financial power of the SE, so they decided to create 12 states in order to remove Oil revenues from the control of Ojukwus. That’s how Rivers and Cross Rivers came to be, up till then even Lagos was part of western region. Ojukwu declared Biafra unprepared days after Gowon created states because he could not afford for the governors of cross rivers and rivers to take office.

When you say bad marriage, they were the biggest beneficiaries of the marriage at that time but they were greedy!!! They wanted it all!!

The trait that makes the Ibo good businessmen is the same one that makes them bad political actors. A businessman wants to grow and conquer but a politician wins by considering others.

This is why the SE will always be behind politically. Remmember prior to the civil war, every region kept 50% of its resources and if not for the 1966 coup, the SE would today control 50% of Nigeria’s oil income. Now they are going cap on hand for allocation This is what is called penny wise, pound foolish!!!

The south East should get buhari to sign a deal that the region will not join in paying that debt.

If other regions are being taxed 7.5% VAT, the east should be 3%.

www.nairaland.com/attachments/11653590_4011539_jpegd1f0af279278da7e8a97a4ac794b8baa

Buhari’s gas pipeline project from the Nigerdelta to Arabia countries and his accompanying rail and road projects to Arabia - all shall be wasted effort at last.
Arewa military rulers built crude oil pipeline from the Nigerdelta to Kaduna and paid millions of dollars to Japanese construction company, Chyoda, to build Kaduna refinery.

What has come of the crude oil pipeline and Kaduna refinery project today - waste.

What do you expect from Northern peeps

isthatso:


Let us say the truth for what it is. The Ibos are the tribe in Nigeria with expansionist tendencies. They wanted to dominate others. You cannot blame the north for the counter coup after Ibos killed all their revered leaders. The Ibos would have done the same. When the coup failed, the north realized that to prevent this natural expansionist tendency they need to cut off the financial power of the SE, so they decided to create 12 states in order to remove Oil revenues from the control of Ojukwus. That’s how Rivers and Cross Rivers came to be, up till then even Lagos was part of western region. Ojukwu declared Biafra unprepared days after Gowon created states because he could not afford for the governors of cross rivers and rivers to take office.

When you say bad marriage, they were the biggest beneficiaries of the marriage at that time but they were greedy!!! They wanted it all!!

The trait that makes the Ibo good businessmen is the same one that makes them bad political actors. A businessman wants to grow and conquer but a politician wins by considering others.

Shut up.
Purveyors of fake history.

The South East did not colonise during pre colonial era, it is now they will now do it.

Is it not you people that brag about having empires?.
Or you don't know the meaning of empire is to expand.

RTSC:

Shut up.
Purveyors of fake history.

The South East did not colonise during pre colonial era, it is now they will now do it.

Is it not you people that brag about having empires?.
Or you don't know the meaning of empire is to expand.

Ibos “colonize” by migrating, controlling and destroying the businesses of the hosts. Getting into office and putting their people there. Are you not the ones that like to brag you own 70% of Abuja and Lagos? While diverting attention to herdsmen, you are slowly taking control in other people’s land.

Congrats321:
The govt that borrowed to pay salaries built 12 universities built 165 almajiri schools abuja railway made the airports world class made Nigeria third fastest growing economy in the world according to CNN money

Do you still believe in your own lies? They built world class airport? Which airports are now being renovated in Rivers, Abuja,Enugu,Kano and Lagos? If they were world class, what suddenly happened to them, just 1 yr after PDP left office that those, airports needed to be renovated again?
Fasting growing economy and yet borrowing money to pay Salary? I wonder if you people, think people you talk despite the oil was at highest earning during GEJ and PDP era

blasted12:
The south east can go to hell after all they contribute nothing to the economy

Look at this retard

isthatso:


Ibos “colonize” by migrating, controlling and destroying the businesses of the hosts. Getting into office and putting their people there. Are you not the ones that like to brag you own 70% of Abuja and Lagos? While diverting attention to herdsmen, you are slowly taking control in other people’s land.

Just look at the mentality of this one

Earlystar698:
I don't want the FG to include SE because we are not part of this shithole country

But SE will be part of the loan repayment through taxes and rates

Make una get sense for Nairaland na

Sai baba until nigerians get sense

JAMO84:
I wouldn't support this loan if this government have at least, 80 percent of the revenue the previous government had.


Add all the recoveries, loans and taxes, Buhari would still be at least 200 billion dollars behind Jonathan.


If oil was selling at seventy dollars and a certain government was taking billions of loans to pay salaries, is it now that it's 30 dollars that we shouldn't take loans? Will Buhari pay for all these gigantic projects with his military pension?


Please, anyone that cannot counter these with facts should not quote me, my mood is so bad I could curse anyone who mention me with shallow logic.

It only takes an idiot to defend Buhari

If only u know how Nigerian politicians see you, you will commit suicide the next day you read your post on Nairaland

If you are not a direct beneficiary of this government, you have no business defending it

Buhari knows what to do today fix this country, but he doesn't want to do it because he doesn't care

Nigeria is a hopeless country

Robber stamp rep. What else do you expect from them.

Ogbuu101:
When the history of this country will be written,the SE will hold their head up high as the ppl who did their best to resist the worst govt ever and who were not among the govt that turned d 3rd fastest growing economy to d poverty capital of the world in less than 4yrs.

Truer words have never been spoken!

Afamed:

The SE didn't resist the previous govt when crude was above $110 and same govt was borrowing to pay salary?
PMB is borrowing to put more infrastructures in place not borrowing to pay Salary even when crude is now$30 par barrel
US as of today has borrowed up till $24.7trillion
The hypocrite in you.

Plz talk with reason not without a head on your head...

Where is buhari now getting .mOney to pay huge civil service ND polital wages if not from borrowing..?

The difference is that one administration was transparent to say it, the other administration is lieing abt it

Smithwesson7:

It is instances like this that requires ingenious and creative ideas.
A man who's salary was slashed from 70k to 30k does not go on a loan spree. That is foolishness and amounts to suicide. He looks for ways to create new streams of income.
There are easy drain holes in this countries that needs to be plugged.
All these estscodes, jumbo allowances and salaries., foreign trips, renovations, car allowances, large presidential jets etc.

There are so many ways this country is frittering scsrce resources away.
Buhari and his team are clueless

Are you minding the fellow?
During the past 2 months shotdown, I had almost zero income, I could have taken loan of 300k from paylater, 50k, from opay, 28k from branch, 30k from quickcash etc. I was bombarded with offers as one with great credit rating.
Nna, I knew my income had been reduced and hence cut me expenses, from diesel for generator to fuel for cars and eating out. Ie food delivery etc.
I survived and came out debtless today.

On the other hand I know lots of folks that indulged in the "free loan" money now wallowing in debt.

Same applies to Nigeria, taking debt instead of tightening your belt.

One thing I wonder, how would Peter Obi have handled this debt issue were he in government. Better or worse, your opinion pls.

Recession and mass loss of jobs on tha way!!!!