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Nigeria’s $1.5 Bn Budget Support Loan Request ‘Still In The Work' - World Bank - Politics (2) - Nairaland

Nairaland ForumNairaland GeneralPoliticsNigeria’s $1.5 Bn Budget Support Loan Request ‘Still In The Work' - World Bank (5407 Views)

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Re: Nigeria’s $1.5 Bn Budget Support Loan Request ‘Still In The Work' - World Bank by osuofia2(m): 8:37am On Dec 11, 2020
Codes151:
Lol. Funny this is that, what ever loan taken, you northerners can’t afford to pay tax.
Not like you live in houses,
Not like you subscribe to data or tariffs
Not like you do anything.

So how will you have sense?
but we feed the whole Nation . tell me how will you eat if not for the food from the North
Re: Nigeria’s $1.5 Bn Budget Support Loan Request ‘Still In The Work' - World Bank by MondayOsunbor(m): 9:03am On Dec 11, 2020
why is world bank still giving Nigeria MONEY ABEG I
Re: Nigeria’s $1.5 Bn Budget Support Loan Request ‘Still In The Work' - World Bank by Agbegbaorogboye: 9:40am On Dec 11, 2020
osuofia2:
The world bank should stop playing politics with this loan request and grant Nigeria. The govt of PMB has really utilized the loans borrowed so far, as a lot of infrastructural/capital development has been done over the years. E.G, the rail lines from Lagos/Ibadan, Kaduna/Abuja, Second Niger Bridge and a whole lots of federal roads.
The funds will be used to buy weapons for the fight against Insurgence and bandits. My advice to FG is that if the world bank refuses to lend them the Money they should get it from our Pensions contributed over the years.
God bless PMB
Weyrey dey disguise grin grin
Re: Nigeria’s $1.5 Bn Budget Support Loan Request ‘Still In The Work' - World Bank by Agbegbaorogboye: 9:41am On Dec 11, 2020
History555:
Between july 2018 and nov 2020, Nigeria borrowed 10 billion dollars from world bank. Wow
Open your eyes when you're reading.
It's 3 billion dollars not 10
Re: Nigeria’s $1.5 Bn Budget Support Loan Request ‘Still In The Work' - World Bank by Agbegbaorogboye: 9:52am On Dec 11, 2020
ProfAmaben:
Which country on earth is not owing money? If you are in need of money, you simply borrow to repay when you have. If there's a budget deficit, the suffering most people are crying about right now would be child's play to what's going to come.

Nigeria's foundation is the problem we are facing not Buhari, I challenge anybody to go and become president with the present democracy that cannot jail criminals that are caught red handed (due to the constitution), payment of over 150 billion to NASS minus the jeeps and allowances, lack of funds for capital projects etc.

I can go on and on but let me stop here. Democracy isn't for Nigeria because our style if democracy is too expensive and no nation on Earth can develop with it.

Why do you think that UAE, Singapore, Canada etc could achieve rapid development within a short time? Simple answer, they don't practice expensive democracy that requires 250 special advisers on over 1 million naira salary with numerous allowances.
Did the people birth the system or the system birth the people?
No system is perfect and no system is inherently flawed which cannot be corrected. It's the people at the helm who abuse and exploit systems.
For example, the same system that can't jail politicians sentences thieves to death.
The same system that gives 150bn to nass has the fiscal responsibility act.
The same system that keeps buying jeeps has the monetisation policy.
Our democracy is expensive because our politicians want it so. There's nowhere in the constitution that 250 aides are required to be appointed.
It's all about our visionless leaders who have turned public office to a buffer party.
They're not patriots. They're simply parasites.
Re: Nigeria’s $1.5 Bn Budget Support Loan Request ‘Still In The Work' - World Bank by ProfAmaben(m): 1:01pm On Dec 11, 2020
Agbegbaorogboye:
Did the people birth the system or the system birth the people?
No system is perfect and no system is inherently flawed which cannot be corrected. It's the people at the helm who abuse and exploit systems.
For example, the same system that can't jail politicians sentences thieves to death.
The same system that gives 150bn to nass has the fiscal responsibility act.
The same system that keeps buying jeeps has the monetisation policy.
Our democracy is expensive because our politicians want it so. There's nowhere in the constitution that 250 aides are required to be appointed.
It's all about our visionless leaders who have turned public office to a buffer party.
They're not patriots. They're simply parasites.
You are correct.
Re: Nigeria’s $1.5 Bn Budget Support Loan Request ‘Still In The Work' - World Bank by themaestro08(m): 1:13pm On Dec 11, 2020
WoundedLamb:
Hhmm... if Nigeria were to be your son, would you say he's got a bright future? I wish y'all the best.
I will never give up on my child. Besides, if that happens it exemplifies that the parent have not their home work well. huh
Re: Nigeria’s $1.5 Bn Budget Support Loan Request ‘Still In The Work' - World Bank by themaestro08(m): 1:18pm On Dec 11, 2020
osuofia2:
The world bank should stop playing politics with this loan request and grant Nigeria. The govt of PMB has really utilized the loans borrowed so far, as a lot of infrastructural/capital development has been done over the years. E.G, the rail lines from Lagos/Ibadan, Kaduna/Abuja, Second Niger Bridge and a whole lots of federal roads.
The funds will be used to buy weapons for the fight against Insurgence and bandits. My advice to FG is that if the world bank refuses to lend them the Money they should get it from our Pensions contributed over the years.
God bless PMB
At first I thought it was sarcasm but unsurprisingly it turned out you were serious. angry

Its a shame you can't see how catastrophic this government has been to the ordinary Nigerian.

More cash out loading.......
Re: Nigeria’s $1.5 Bn Budget Support Loan Request ‘Still In The Work' - World Bank by themaestro08(m): 1:25pm On Dec 11, 2020
ProfAmaben:
Which country on earth is not owing money? If you are in need of money, you simply borrow to repay when you have. If there's a budget deficit, the suffering most people are crying about right now would be child's play to what's going to come.

Nigeria's foundation is the problem we are facing not Buhari, I challenge anybody to go and become president with the present democracy that cannot jail criminals that are caught red handed (due to the constitution), payment of over 150 billion to NASS minus the jeeps and allowances, lack of funds for capital projects etc.

I can go on and on but let me stop here. Democracy isn't for Nigeria because our style if democracy is too expensive and no nation on Earth can develop with it.

Why do you think that UAE, Singapore, Canada etc could achieve rapid development within a short time? Simple answer, they don't practice expensive democracy that requires 250 special advisers on over 1 million naira salary with numerous allowances.
You know nothing, the Singaporean prime minister is among if not the highest earning leader in the world.

Besides, your first point is pointless - the average Nigerian for decades has struggle to distinguish if we run on a budget deficit or not. As the billions set aside for capital projects are either stolen or mismanage. angry
Re: Nigeria’s $1.5 Bn Budget Support Loan Request ‘Still In The Work' - World Bank by osuofia2(m): 1:26pm On Dec 11, 2020
themaestro08:
At first I thought it was sarcasm but unsurprisingly it turned out you were serious. angry

Its a shame you can't see how catastrophic this government has been to the ordinary Nigerian.

More cash out loading.......
PMB WILL LEAD US TO GREATER FUTURE
Re: Nigeria’s $1.5 Bn Budget Support Loan Request ‘Still In The Work' - World Bank by themaestro08(m): 1:28pm On Dec 11, 2020
osuofia2:
but we feed the whole Nation . tell me how will you eat if not for the food from the North
Shut up and stop talking trash, many countries like Switzerland and Japan don't produce much food due to land factors. Rather they import high quality food from different countries.

And besides, you talk as if the entire south soil ain't arable angry
Re: Nigeria’s $1.5 Bn Budget Support Loan Request ‘Still In The Work' - World Bank by themaestro08(m): 1:44pm On Dec 11, 2020
osuofia2:
PMB WILL LEAD US TO GREATER FUTURE
grin cheesy

Fool angry
Re: Nigeria’s $1.5 Bn Budget Support Loan Request ‘Still In The Work' - World Bank by Codes151(m): 2:20pm On Dec 11, 2020
osuofia2:
but we feed the whole Nation . tell me how will you eat if not for the food from the North
with cow?
As for onions, it’s grows here and tomatoes as well. What else? You feed nothing.


Your time Is up
Re: Nigeria’s $1.5 Bn Budget Support Loan Request ‘Still In The Work' - World Bank by ProfAmaben(m): 2:45pm On Dec 11, 2020
themaestro08:
You know nothing, the Singaporean prime minister is among if not the highest earning leader in the world.

Besides, your first point is pointless - the average Nigerian for decades has struggle to distinguish if we run on a budget deficit or not. As the billions set aside for capital projects are either stolen or mismanage. angry
I'm not supposed to reply you cos I don't respond to kids. My bad, next time make your point without looking dumb.
Re: Nigeria’s $1.5 Bn Budget Support Loan Request ‘Still In The Work' - World Bank by History555: 3:02pm On Dec 11, 2020
Agbegbaorogboye:
Open your eyes when you're reading.
It's 3 billion dollars not 10
terms of this financing, the board has as of July 2018 approved seven billion and in the last two years up to now, it has approved another three billion in financing so that brings us to 10 billion dollars and then the 1.5 billion dollars that is being considered in December that will bring us to 11.5 billion dollars the board has approved.”
Re: Nigeria’s $1.5 Bn Budget Support Loan Request ‘Still In The Work' - World Bank by themaestro08(m): 5:37pm On Dec 11, 2020
ProfAmaben:
I'm not supposed to reply you cos I don't respond to kids. My bad, next time make your point without looking dumb.
Who is dumber? one who offered a constructive argument or the other who went about calling random people on the internet kids?

Go and sleep grin cheesy
1 2 Reply

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