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Nairaland Forum / Nairaland / General / Politics / Buhari: Nigeria Needs Loans For Roads, Rail, Power (22519 Views)
Abia State To Get $125 Million From Islamic Development Bank For Roads / Reps Committee On Works Holds Public Hearing On The Use Of Concrete For Roads / Nigeria Needs Loans For Roads, Rail, Power – Buhari (2) (3) (4)
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Re: Buhari: Nigeria Needs Loans For Roads, Rail, Power by hollywater: 5:22am On Sep 16, 2020 |
I had Gandollar now use presidential jet? Nigeria is finished. 1 Like |
Re: Buhari: Nigeria Needs Loans For Roads, Rail, Power by 2tpick: 5:26am On Sep 16, 2020 |
If you voted this man twice (both in 2015 & 2019) whenever you hear "sane nigerians", just know that you ain't in the list. Fool me once shame on you, fool me twice shame on me 3 Likes |
Re: Buhari: Nigeria Needs Loans For Roads, Rail, Power by sirchrislatestn(m): 5:28am On Sep 16, 2020 |
AGNESikpuNNU:see as person dey borrow money for my head wey I no send am still dey claim Nigeria need any Mr President I no follow need whatever u want borrow count me out of this ur borrowing 1 Like |
Re: Buhari: Nigeria Needs Loans For Roads, Rail, Power by KingAzubuike(f): 5:28am On Sep 16, 2020 |
Dcaliphate:Nobody dey carry suffer head boast, I'm just giving a shout-out to those who deserve it. I will feed you and your family for 100 years and another round of 100 years. We no be mates okay? |
Re: Buhari: Nigeria Needs Loans For Roads, Rail, Power by Sterlingsolutns: 5:30am On Sep 16, 2020 |
Azura and Osssiomo power plants were constructed and working perfectly without a penny investment by the federal government versus nipp power projects that are beset with so many bottlenecks. Lcc at a time constructed their roads and maintaining it before Lagos state took it over from them. Any project that is not economically viable for the private investors to key in to should be deferred otherwise we will run into bankruptcy Dangote and private modular refineries are moving in strides Bua own is coming up strongly while the government refineries are languishing even with all the turnaround maintenance How can anyone justify additional debt burden? Madam minister just informed us that Federal Government retained revenue between January and May 2020 was N1.48 trillion and debt service was N1.25 trillion. If we continue with this trajectory, in a very short while, debt service will be higher than retained revenue. The government should just make the environment conducive for the private sector to thrive and take the back seat. They should just accept the fact that power has change hands unlike before when petro dollars still imbue government with strength and they can grand stand iwaeda: 3 Likes 1 Share |
Re: Buhari: Nigeria Needs Loans For Roads, Rail, Power by Nobody: 5:32am On Sep 16, 2020 |
Why are we taking loans? Because we aren't bringing in enough revenue Oil prices have been falling since the Saudis decided to play a game of chicken with the American shale oil producers back in 2014. And oil at a moment is below the price we need it to be No matter how we promote Agriculture, the fact is, unless most of your farming is done in large scale commercial farms, you can't produce much for export Mining in Nigeria is a poorly regulated trap. Regulating it to a point where Nigeria gets money from it is going to take some time And with a very low tax to GDP ratio, price controls on petrol and power which stifle investment in both sectors, we don't have enough money This isn't the era of plenty So either Nigeria raises taxes, removes subsides, cuts spending on frivolous items and deals with corruption....or we have to keep on taking loans 1 Like |
Re: Buhari: Nigeria Needs Loans For Roads, Rail, Power by MondayOsunbor(m): 5:34am On Sep 16, 2020 |
1 Like |
Re: Buhari: Nigeria Needs Loans For Roads, Rail, Power by jaytee01(m): 5:35am On Sep 16, 2020 |
Continue collecting loans to mortgage our future so that you and your cronies can loot it all up under the guise of phantom projects. 1 Like |
Re: Buhari: Nigeria Needs Loans For Roads, Rail, Power by Mcreloaded(m): 5:37am On Sep 16, 2020 |
dukeprince50: And so what should we do with this your rant? Untill people like you and this government stop playing the blame game then this country and it's leaders will remain useless. 2 Likes |
Re: Buhari: Nigeria Needs Loans For Roads, Rail, Power by MondayOsunbor(m): 5:39am On Sep 16, 2020 |
#we need to ask all the money them borrow in the past where it is if you need to borrow to produce a failed country 2 Likes |
Re: Buhari: Nigeria Needs Loans For Roads, Rail, Power by enemyofprogress: 5:45am On Sep 16, 2020 |
Funjosh:which ban? I was away for some months in the UK for a short curse on human management |
Re: Buhari: Nigeria Needs Loans For Roads, Rail, Power by suremanpatriot: 5:46am On Sep 16, 2020 |
you ppl are overpaid and underworked,so henceforth yu collect money fr nass and prsidency overbloated accs to do any projt yu want;dont bother us again.Kashikwo! madala! 2 Likes |
Re: Buhari: Nigeria Needs Loans For Roads, Rail, Power by Brushstrokes20: 5:51am On Sep 16, 2020 |
Lorry load of trash! This aboki must be high on cow dung again... The shithole only need loans to finance the excesses of insatiable crooks and kleptos in the corridors of power! This doomed contraption is a lost cause. 1 Like |
Re: Buhari: Nigeria Needs Loans For Roads, Rail, Power by soundlala: 5:54am On Sep 16, 2020 |
He said it was only by doing so that the county could be attractive to investors. |
Re: Buhari: Nigeria Needs Loans For Roads, Rail, Power by Nobody: 5:59am On Sep 16, 2020 |
iwaeda: Wow this cowherd is hellbent on running Nigeria bankrupt It's only a matter of a few years before the Chinese repo all our critical infrastructure...by that time the senile old hypocrite would be dead 1 Like |
Re: Buhari: Nigeria Needs Loans For Roads, Rail, Power by PrinceMajestic: 6:13am On Sep 16, 2020 |
The man is going insane, those who could ve regulated his madness are dead leaving him with his wicked ailing nephew. No mallam abba kyari and Isa funtua. If impeachment dont happen soon we may not have a sovereign nigeria by 2023. 1 Like |
Re: Buhari: Nigeria Needs Loans For Roads, Rail, Power by Dcaliphate(m): 6:14am On Sep 16, 2020 |
KingAzubuike:Poverty is stubborn and always boastful . Guy, abeg chop ur traffic Gala and Lacasera in peace. Save ur energy for the suffer ahead, sufferhead! 2 Likes |
Re: Buhari: Nigeria Needs Loans For Roads, Rail, Power by Nobody: 6:18am On Sep 16, 2020 |
horpeyemmi66:Bro you too funny walai.lwkmd o! |
Re: Buhari: Nigeria Needs Loans For Roads, Rail, Power by KingAzubuike(f): 6:20am On Sep 16, 2020 |
Dcaliphate:Nobody takes your type serious. No wonder you dey hustle for frsc work up and down. Na 2020 we dey o hope you no still dey drop CV 1 Like 1 Share
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Re: Buhari: Nigeria Needs Loans For Roads, Rail, Power by ayenale1(m): 6:27am On Sep 16, 2020 |
Ever since this democracy started in 1999 till date, I've never seen NEPA workers replace old power line cables with new ones except the one we contribute money to buy in my area, I've not seen any federal road being completed Lag-Ibd expressway unfinished still under construction till 2mr, all federal roads ive journey from Lag to Benue are all in comatose, I've never seen one meter federal farm in any states I've visited, the worse is no federal housing units(fashola just embezzling monies for tinubu), no water supply...nothing is working in this country...unemployment is at its peak,insecurity at its summit, poor education system, too bad. The only minute solution to this mess is pure RESTRUCTURING unless that; the current system of governance can not take us anywhere. 1 Like 1 Share |
Re: Buhari: Nigeria Needs Loans For Roads, Rail, Power by Jaqenhghar: 6:29am On Sep 16, 2020 |
BruncleZuma:Clearly he wasnt ready. Now all he does is parrot the same nonsense and point fingers 1 Like |
Re: Buhari: Nigeria Needs Loans For Roads, Rail, Power by Dcaliphate(m): 6:34am On Sep 16, 2020 |
KingAzubuike:lame, you've veered off into the bushes, you're not even good enough for good banter. Swerve bro. |
Re: Buhari: Nigeria Needs Loans For Roads, Rail, Power by chiedonedoor(m): 6:36am On Sep 16, 2020 |
You can not give what you don't have. We all saw it coming, please sir know more seeking for loan. Acts 8:22 KJV Repent therefore of this thy wickedness, and pray God, if perhaps the thought of thine heart may be forgiven thee. Acts 5:31 KJV |
Re: Buhari: Nigeria Needs Loans For Roads, Rail, Power by Harrykn: 6:38am On Sep 16, 2020 |
We also need money for white paper, |
Re: Buhari: Nigeria Needs Loans For Roads, Rail, Power by wonuks(m): 6:42am On Sep 16, 2020 |
Happyguy201: How do you mean please? |
Re: Buhari: Nigeria Needs Loans For Roads, Rail, Power by Babastrong(m): 6:42am On Sep 16, 2020 |
Let us "kuku" sell nigeria and use the money to build roads. Clueless government. |
Re: Buhari: Nigeria Needs Loans For Roads, Rail, Power by deeva2: 6:42am On Sep 16, 2020 |
Dey shud kukuma sell the country to the white men..They will rule us better |
Re: Buhari: Nigeria Needs Loans For Roads, Rail, Power by 2cribz: 6:43am On Sep 16, 2020 |
And the borrowing continues. God we are finished. Pls if you have 2m naira.pls leave nigeria for good |
Re: Buhari: Nigeria Needs Loans For Roads, Rail, Power by Bobinovic: 6:44am On Sep 16, 2020 |
KingAzubuike:Happens mostly in Lagos.... relocate and know the meaning of good night rest. |
Re: Buhari: Nigeria Needs Loans For Roads, Rail, Power by TONIOI: 6:44am On Sep 16, 2020 |
Loans kii u dia, all the loans you have collected what have you done with it ? by the way where are the recovered looted funds ? Oga bubu eye wey dey cry dey see road oO don't take the silence of Nigerians for granted o. 1 Like |
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