₦airaland Forum

henryhemon:
Why make a fool of yourself ? You have sense but you allow hatred becloud your judgement. Is it in the budget or not whether original or not? Why was it remove entirely?

not only removed but took N54b and shared over areas that are already taken cared of. Can you imagine all reduction in the budget came from projects not their salaries and entitlements?

Deen77:
Thank you, fuel importation killing our economy.

na wa oo, we spend 40% of our forex on fuel importation alone, this is like sucking blood close to the heart,

hucienda:
Politicians are all talk, no action - Donald Trump

Roll up your sleeves doc, 'cos naija aint the Ivy league or XOM.

my guy, sleeves are always up in xom, we work 24hrs to be the best and the biggest in the business, lol

yarimo:
Mtswww that is not the problem of Nigeria right now.

what else is the problem of Nigeria. Don't you need money buy fuel or generate power or fund dollar requests or pay salaries or fix bad infrastructure?

onatisi:
We don't need to borrow any money,the budget is filled with a lot of frivolous items,they are going to borrow to be giving 5000 naira to 1million nigerians,3.7billion naira for brand new bmw cars,and other things like that,the budget wasn't changed from the padded one. all what Nigeria needs now is prudent sending of the little she has,we have everything in Nigeria to pull through. As Nigeria is today ,bring the Chinese to take over and give them an order not to borrow and you will see how they will turn the nation around.

unfortunately only borrowed money can give us capital development this year, in 2016 budget 70% is recurrent, 30% capital but they plan to borrow 37% of funding. In other words, all our earning plus 7% to be borrowed fund is for reccurent aka salaries and emoluments of these vagabonds in power? Smh.

onatisi:
So because usa is owing china ,Nigeria too must borrow and owe china too
Do we have the same trade balance with china as usa does?
Just wait for the details of this loan ,then you will realize the true picture of the future unborn Nigerian child

borrowing is not the issue but our corrupt attitude, if the money is used well, no problem

odikimi:
pls go and read about judgment enforcement. All they need to do is to file garnishee application. by this the court will invite the bank efcc is operating with and will order the bank to pay or the bank will face the consequences

lol, why haven't ndlea paid baba suwe, the oyagbeti N25m awarded him?

Akshow:
That's my presido. Wailers can keep on wailing. they will swallow their vomit when we start enjoying the benefits of your journey.

amen, in saa Allah

onatisi:
Nigeria is the only country in the world ,where her leaders seek external help and solutions for the internal problems confronting the nations ,whereas all the help and solutions needed to solve their problems is right inside the country,no wonder Powell said " Nigeria is the only country in the world that exports all that needs and import all that she has"
May God give Nigeria a sensible leader soon

US dey owe China money

Juve4:
na wo just to borrow money.

but finance no dey na, who go sign? Lol

Lol, she has finally got someone to buy? Congrats to the owner and the commodity

sdindan:
PDP don't need any campaign.


APC and Bubu are already doing the campaigns for PDP.

Even in China ryt now.

FYI, present govt has 3 more years, if after this hard start they start getting it right, by middle of next year and results start coming. Nigerians are easily forgiven cum forgetting minded, they will align with performing APC.

Truth is bitter

plaetton:
Because APC heavy weights like Amaechi, Saraki, with the backing of APC strongman Tinubu, went to court to demand that GEJ government should share the excess crude oil account .

I guess you selectively forgot that part?

what did GEJ did with 52% share of fgn in the money?

labamo07:
I refuse to take this government serious until a high-profiled politician is jailed.............

tell judiciary and rule of law propagandists, executive is doing their bits

Famouson:
You mean to say God's blessings turned him into an arrogant disrespectful kid.?

the one wey say im get enough money to buy any man na im no be disrespectful to man race?

IndianBwoy:
Kings in this age? But its cool.

I guess Queen of England is outdated too, or is it only that of Africa that is wrong?

That is why our budget is always more that 75% recurrent expenditures, this year budget is 70% recurrent, 30% capital but they plan to borrow 37% of funfing. In other words, all our earning plus 7% to be borrowed fund is for reccurent aka salaries and emoluments of these vagabonds in power? Smh.

nnachukz:
The only meaningful thing we want to hear now is that the fuel scarcity has ended. He can keep his explanation to himself.

he has told you that he is not a magician, next time vote TBJosua or Prof Peller, lol

In other words, we are not poor but just too many, lol

wellmax:
tonio2wo : orakao8 :
OKay that is how much you understand. Let me tell you a bit about the law, if you continually received salaries after leaving office and you choose to keep quite about it, whilst still drawing from the same account, forget story, you are a thief. Saraki is culpable.

in fact if an unexpected deposit is made to your account, you must report it, if you withdraw from it, you are culpable not to talk of monthly deposit for four years,

plaetton:
My friend, the fuel crisis is not about the availability of money.
Far from it. After All, the government doesn't give us fuel for free. We pay for it.
In fact, few months ago, the zombies were cheering that Buhari had successfully managed fuel imports , not only without SUBSIDY, but was actually making a small profit.

The issue here is pure incompetence.
It appears that management of an economy was not taught opposition school and propaganda school.

fuel crises is linked to dollar availability, fgn asked independent to import fuel without sourcing forex for them, who will buy at N330/$ and sell products at N200/$ equivalent?

naijaboy756:
no money u said? Are Ikpeazu,Wike and Obaino using sand to do all the marvelous work they are doing? Are we not in the same country? Are we not faced by same economic environment? I am already angry! Don't let me insult you pls. They only alternative is to impeach Buhari or Soldiers take over! I don't mind the 2nd option.

I prefer second option, this country needs reset which is not easily achievable unders our kind of democracy. No money that I refer to is federal reserve for dollar to reduce inflammation. Many people think Naira devaluation will help issues, but if officially devalued and float the Naira, do we have enough money to fund our forex demand? I can't hold brief for politicians but just commenting generally.

ozoebuka1:
when 5% say that they are the smartest in nigeria, the 95% will be arguing.... what 5% saw before election, 95% are just seeing after election... how pathetic!!!

fact is GEJ and okonjo warned of though 2016 because they saw it coming. So with or without buhari, present situation wouldn't have been different, there is just no money unless they devalue and borrow massively to sustain our spoilt appetites. Instead of getting violent can you propose alternative to status quo?

and the blame game shifts to opposition party, kontiniu

2best:
When these people who can't spell were in power, I no dey queue for fuel oh.... i'm just saying

yes you queued, they even increased fuel price 13 times, but queue didn't reach this level

M4gunners:
Mr misau made a good point. Everyone knows Saraki case is politically motivated. According him , those with serious case;are waking freely in Nigeria. Time shall come when some people will try by all means to cover the truth, but fine it impossible to cover.

yes, even panamapspers don join the motivators, mscheeew,

olaneyo18:
u meaning it

what else can I say? When someone is promising impossible, have we repaired all refineries? Are we sure no more vandals? Etc, etc

Ok, when you suffer for two weeks, nothing will pain you anymore, gbam

Good luck to Ekiti people, no capital project or amenities to people, use 80% of income to 20% of population who are salary earners, future will tell.

bloomstar:
every freedom fighter experience such....
never give up bro. Biafra is better off this wack country!

pls join him in prison, Mandela didn't stay in robben alone, the more the stronger the message.