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Nairaland Forum / Nairaland / General / Politics / SERAP Asks Buhari To Drop Plan To Borrow Dormant Account Balances (19507 Views)
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Re: SERAP Asks Buhari To Drop Plan To Borrow Dormant Account Balances by HRMK: 1:38pm On Jan 10, 2021 |
why are nigerian politicians so dubious?what happens when #administrators of such accounts show up?litigations 1 Like |
Re: SERAP Asks Buhari To Drop Plan To Borrow Dormant Account Balances by nedekid: 1:39pm On Jan 10, 2021 |
blinking001:Then lend them your own money to move the country forward. Do not touch other people's money dead or alive. The dead have next of kin. Get their consent and should the decide to give, pay interest where required. Ie bonds. 3 Likes |
Re: SERAP Asks Buhari To Drop Plan To Borrow Dormant Account Balances by Brushstrokes20: 1:40pm On Jan 10, 2021 |
The redundant coupist and cohorts are common criminal s! |
Re: SERAP Asks Buhari To Drop Plan To Borrow Dormant Account Balances by Zoomx(m): 1:40pm On Jan 10, 2021 |
GamalNasser: 1 Like |
Re: SERAP Asks Buhari To Drop Plan To Borrow Dormant Account Balances by 12inchess: 1:44pm On Jan 10, 2021 |
Hahaha. Na so stealing dey start. Why would you borrow without knowledge of the owner? |
Re: SERAP Asks Buhari To Drop Plan To Borrow Dormant Account Balances by larrybabanla(m): 1:47pm On Jan 10, 2021 |
blinking001:na God go punish u,.its obvious non of ur family member had ever opend an acct in their miserable lives, oloriburuku animal 2 Likes |
Re: SERAP Asks Buhari To Drop Plan To Borrow Dormant Account Balances by kingbee90: 1:47pm On Jan 10, 2021 |
blinking001: You sound very dumb. 1 Like |
Re: SERAP Asks Buhari To Drop Plan To Borrow Dormant Account Balances by Newman224: 1:52pm On Jan 10, 2021 |
blinking001: Clown. Modalities to pay the loan you say. All the ones they have been borrowing how many have they paid since |
Re: SERAP Asks Buhari To Drop Plan To Borrow Dormant Account Balances by zeusdgrt(m): 1:54pm On Jan 10, 2021 |
blinking001:30k paid apc e rat.Foolishness is an office and I can see u are occupying it very well. 1 Like |
Re: SERAP Asks Buhari To Drop Plan To Borrow Dormant Account Balances by lammygloooooooo(m): 1:55pm On Jan 10, 2021 |
So even Nigeria bank not safe again . make una kukuma use everybody for Nigeria collect loan. Abi kekuku ta gbogbo Nigeria so u can get enough money u are looking for. Orisirisi |
Re: SERAP Asks Buhari To Drop Plan To Borrow Dormant Account Balances by Gabbriell: 1:57pm On Jan 10, 2021 |
Korllami007: Over 70% of Nigerians are not even government workers. So the day Nigerian government will dream of borrowing from peoples active accounts without their permission is the day the will see the other side of Nigerians. [img]https://media1./images/79091d7e994c43bb0e7e0797d357121b/tenor.gif?itemid=3450893[/img] |
Re: SERAP Asks Buhari To Drop Plan To Borrow Dormant Account Balances by Freemasonry: 1:58pm On Jan 10, 2021 |
Next level of unprecedented corruption is what this is. This president is a disaster. |
Re: SERAP Asks Buhari To Drop Plan To Borrow Dormant Account Balances by eneyoduke(m): 2:03pm On Jan 10, 2021 |
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Re: SERAP Asks Buhari To Drop Plan To Borrow Dormant Account Balances by viyon02: 2:07pm On Jan 10, 2021 |
kambili999:yeah, that is just the fact, my advice for you my dear, just do whatever you can do to get out of this country, because very soon it will be very difficult to survive. Because very soon no loan will be given to Nigeria from any international body or any country and the country is being finance my loans, so your leaders will just automatically leave the country quietly leaving you behind. |
Re: SERAP Asks Buhari To Drop Plan To Borrow Dormant Account Balances by SweetCunt97(f): 2:07pm On Jan 10, 2021 |
GamalNasser:We can all see how useless APC is under the leadership of buhari! These worms will suck Nigeria dry! 1 Like |
Re: SERAP Asks Buhari To Drop Plan To Borrow Dormant Account Balances by NewDelhi(m): 2:12pm On Jan 10, 2021 |
PassingShot:Dumb. What if the person is in jail or out of the country. 1 Like |
Re: SERAP Asks Buhari To Drop Plan To Borrow Dormant Account Balances by SweetCunt97(f): 2:12pm On Jan 10, 2021 |
blinking001:The one they borrowed from China, dem don pay back? Doesn't take a dunce to realize these northern illiterates are embezzling our common wealth. |
Re: SERAP Asks Buhari To Drop Plan To Borrow Dormant Account Balances by Nobody: 2:14pm On Jan 10, 2021 |
tunapawizzy:yep!! And then after that they will start borrowing from the accounts that has not being used for 2 week, then 1 week and .... next thing they will start going into people's houses searching for more money, searching their wallets and purses in the streets and borrowing that also. Nigeria is a failed nation, this is the country some of her people were mocking America recently 1 Like |
Re: SERAP Asks Buhari To Drop Plan To Borrow Dormant Account Balances by tunapawizzy: 2:18pm On Jan 10, 2021 |
gypsey:Abeg no kill me with laugh o... |
Re: SERAP Asks Buhari To Drop Plan To Borrow Dormant Account Balances by Nobody: 2:19pm On Jan 10, 2021 |
I have never in my 38 years on earth heard that a country's government are borrowing money from their citizen's account, let alone without permission. Ridiculous!! I think they might be after those accounts with looted funds in them. E don red, like some Nigerians would say. What would be next? searching people's houses for money? Nigeria is doomed. |
Re: SERAP Asks Buhari To Drop Plan To Borrow Dormant Account Balances by MartinsD12(m): 2:19pm On Jan 10, 2021 |
Tobbydhayor90:Shame to all the people who are supporting this clueless Buhari, see where una land us |
Re: SERAP Asks Buhari To Drop Plan To Borrow Dormant Account Balances by Nobody: 2:20pm On Jan 10, 2021 |
tunapawizzy:na you start am oo!! |
Re: SERAP Asks Buhari To Drop Plan To Borrow Dormant Account Balances by knowhowk: 2:26pm On Jan 10, 2021 |
God Which Direction ? |
Re: SERAP Asks Buhari To Drop Plan To Borrow Dormant Account Balances by dominic17: 2:46pm On Jan 10, 2021 |
Supporters of the bad governance continue until the day your account balance will be borrowed without your knowing. |
Re: SERAP Asks Buhari To Drop Plan To Borrow Dormant Account Balances by Evercurious(f): 2:48pm On Jan 10, 2021 |
PassingShot: SUSPECTED FUNDS INDEED. YOU ARE A CRIMINAL LIKE YOUR FATHER BUHARI 2 Likes |
Re: SERAP Asks Buhari To Drop Plan To Borrow Dormant Account Balances by Latvin: 2:56pm On Jan 10, 2021 |
PassingShot: Thanks as you have provided insights into why this is being done and not the over simplistic narrative from majority of us including in this case SERAP itself. As you said, people are not concerned that the banks themselves are currently using these funds free of charge to fund their private enterprises or other ventures that do not contribute necessarily to growing our economy. The banks themselves can't wait to declare accounts dormant for reasons stated above. So if govt steps up to say, look you banks and unclaimed dividend managers should borrow these funds to govt to help close the infrastructure gap, what is wrong in that? If that will help us reduce our foreign borrowings, what is wrong in that? Mind you, the govt is not confiscating the funds. It will pay a decent interest in consideration of using the funds. Whenever owners or next of kins step forward to claim those funds, they will have access to their funds for sure. Section 44 of the constitution quoted by SERAP said towards the end...'except in the manner and for the purposes prescribed by a law'. That law is the Finance Act 2020 passed by NASS. I agree that govt should do more in reducing cost of governance and cutting waste. That can be done in parallel. |
Re: SERAP Asks Buhari To Drop Plan To Borrow Dormant Account Balances by Latvin: 2:58pm On Jan 10, 2021 |
dominic17: Nothing of such will happen, its only scare mongering. Seek to understand the issues. |
Re: SERAP Asks Buhari To Drop Plan To Borrow Dormant Account Balances by dominic17: 3:11pm On Jan 10, 2021 |
Latvin:You never can tell Nigeria government can do and undo anything.I don't trust them at all. |
Re: SERAP Asks Buhari To Drop Plan To Borrow Dormant Account Balances by Latvin: 3:35pm On Jan 10, 2021 |
dominic17: Yes there is trust deficit with govt due to years of misrule. However if you take time to analyse the way Buhari is going about this infrastructure revolution, you will clearly see a different pattern and approach compared with how previous govt has gone about them. The loans are put in the hands of those that directly build infrastructure. Check the way beaureacracies and corrupt middlemen and politicians are bypassed to reduce corruption. From the rail infrastructure provided directly by rhe Chinese to Siemens Power deal struck directly with Siemens and German govt to proceeds of bonds paid directly to road contractors etc etc. That is why those projects are being delivered timely and within budget. This govt is also fighting the corrupt processes it inherited from the past govt e.g port reforms that eliminate expensive middlemen and concessionaires, power distribution companies that failed to deliver according to contract etc etc Just take a look with an open and unbiased mind and you will see a clear and progressive direction |
Re: SERAP Asks Buhari To Drop Plan To Borrow Dormant Account Balances by obailala(m): 3:46pm On Jan 10, 2021 |
GamalNasser:But thinking of it, banks do this all the time (i.e. take the funds you deposit and use same for business) without you even knowing it. Most important thing is that whenever the owner of the funds decides to withdraw their funds, the bank would provide the cash. If there's any party that should be worried about this, it's the bank whose access to liquid cash would be reduced. But then again, lending is the standard business of banks; they lend the cash from their vaults to the govt and then the govt pays back with interest. 1 Like |
Re: SERAP Asks Buhari To Drop Plan To Borrow Dormant Account Balances by Autherga(m): 3:48pm On Jan 10, 2021 |
With the way the government is going, it is to keep your money in your house or better still dig hole for backyard Bury. |
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