₦airaland Forum

angelfallz:
i get you, but it is us the common people that would suffer before that blessing is realised.

DAVE5:
Cancel which loan, money that has been shared already

Persons to benefit from the loan have submitted their numerous fraud alert account details already, i'm guessing you're not going to get a cut from the loan, I won't either

chosenwan1:
loool, you have no idea. Those leaders do NOT care if a barrel sells for 1 dollar. You just don't understand how wicked those people are.

georgeiyke009:
And also cut cost of governance. Even the money was expected from China and I not sure they would be giving anyone any money anytime soon. The only thing is to cut spending

RaptObserver:
as for the four garage u referred to as refinaries, I didn't factor them in because the re nothing but mere rat houses. Dangote refinery is the only fisible refinery we can discuss and even plan on. As for Buhari, he will give account of his stewardship someday. He is not untouchable.

angelfallz:
Nigeria is in trouble honestly!!

staga:
$29 a barrel for light crude. Naija is in serious trouble.

RaptObserver:
This could have been good if Dangote refinery were operational now

Excuzeme:
That is the Evil supported and perpetuated by Obasanjo, the same one crying restructuring now, when he was President between 1000 and 2007.

Lagos was building various Small Power Plants and was ready to buy gas from NNPC to run them and facilitate its own growth but OBJ, as a stooge of the Northern Parasites, insisted that whatever Power Lagos generates with its own money, must be infued into the National grid so that some Parasites up North can have it for free!
No be today all these Quota system of governance has been setting us back!

How can Gas come from the South yet most of the Power plants in the South dont have Gas to Power themselves but all the President wants to od is divert that Gas in a 614Km Pipeline to Kano, via kaduna?

No law prevents state govts from generating power – Fashola

Minister of Power, Works and Housing, Babatunde Fashola, SAN, has said there is nothing in the power sector regulations or law that prohibits state governments from generating, transmitting and distributing their own electricity.

https://www.energycentral.com/news/no-law-prevents-state-govts-generating-power-%E2%80%93-fashola

Excuzeme:
- Am l the only one who noticed that ALL the affected Power Plants are in the South of Nigeria, where the Gas is actually located?

- Did anyone also notice that Buhari and his Fulanis in NNPC have committed over $2billion of our oil money, to lay Gas pipeline from Abuja to Kaduna to Kano to feed Power plants in the North while the power plants in the south which actually own the Gas are suffering Gas shortage?

https://www.pmnewsnigeria.com/2020/03/08/akk-gas-pipeline-buharis-big-infrastructure-push/



Are we still in One Nigeria or Fulani (especially the imported terrorists ones from Niger, Guinea, Mali Senegal, Sudan, Chad, etc Kingdom?)
This buahri is really preparing his people for the breakup of Nigeria.
I hope the sselfishly-tupid Southern leaders are watching

okpalaAnambra:
Is it that they don't have workers who monitor when the gases will finish or people don't pay their bills any longer, what is it with them that they keep repeating themselves on this poor supply which many countries have achieved more than a century ago

As far as I'm concerned Nigeria should be recolonised...this time around without the option of getting independence BC it can't function on its own

The Ethiopian government has stated that it intends to fund the entire cost of the dam by itself in order to prevent relying on foreign countries who may be brought under pressure by Egypt to withdraw their support. Ethiopia has issued a bond targeted at Ethiopians in the country and abroad to that end.[15] The turbines and associated electrical equipment of the hydropower plants costing about US$1.8 billion are reportedly financed by Chinese banks. This would leave US$3 billion to be financed by the Ethiopian government through other means.[28] The estimated US$4.8 billion construction cost, apparently excluding the cost of power transmission lines, corresponds to about 5% of Ethiopia's gross domestic product of US$87 billion in 2017.
https://en.wikipedia.org/wiki/Grand_Ethiopian_Renaissance_Dam

tiredoflife:
Truth is bitter
Abacha was a hero
Cos he didnt give power to yorubas as planned after he over threw shonekan
The plot to demonize him began with the formation of NADECO the yoruba militia group
Deal with the truth

tiredoflife:
The yoruba people and their thieving elites called NADECO are responsible for the propaganda
Abacha lived above them all
He was killed not by any eating indian apple
But evil men whose goal was to continue the looting he stopped
His problem was he was weak
He didnt play smart by bringing all these thieves to a party to tell them he wants to hand over and kill them all

tiredoflife:
The yoruba people and their thieving elites called NADECO are responsible for the propaganda
Abacha lived above them all
He was killed not by any eating indian apple
But evil men whose goal was to continue the looting he stopped
His problem was he was weak
He didnt play smart by bringing all these thieves to a party to tell them he wants to hand over and kill them all

cdcd76:

Witcher:

What people now mischievously refer to as “the Abacha loot” was the money the country kept in foreign banks deliberately to ward off the plot by the foreign powers to block our foreign reserve. This shows that Gen. Abacha was ahead of his time".

surely the truth but western Nigerian's Newspapers opt for propaganda to sell fast.

Witcher:
Gen. Sani Abacha Was Largely Misunderstood



Indeed, Gen. Abacha never had the time to fulfill his own possibilities, which is why his memory haunts so many of us now. Because he wanted to get things done; because he was often impatient and combative; because he felt simply and cared deeply, he made his share of mistakes, and enemies.

Abacha was to Nigeria what Charles de Gaule was to France: a man with military background but, who, ironically, brought uncommon composure and dignity to statecraft. This is not to say that military personnel possess exceptional leadership qualities. The Joke of the century

But because he was maligned and castigated by a section (Lagos/Ibadan axis) of the Nigerian Press due largely to political considerations, he became the most misunderstood of Nigerian leaders.

Could Abacha have built mansions, bought limousines, owned oil wells and own universities while in power? The answer to this poser is a loud NO!
Why waste his time building mansions and universities when he can create offshore accounts and transfer the country commonwealth or should I say oil wealth

In 1996, Gen Abacha created a number of new states to give some marginalised people a sense of belonging: Bayelsa, Ebonyi, Ekiti, Gombe, Nasarawa and Zamfara. Abacha made the people more marginalised, the following six states sit at the bottom of the economic charts

What people now mischievously refer to as “the Abacha loot” was the money the country kept in foreign banks deliberately to ward off the plot by the foreign powers to block our foreign reserve. Kai this man think that we are trained in Almajiri school

.

Officialgarri:
If people could still defend Jonathan's government and consider him a hero, then I'm not surprised Mustapha still considers Abacha a legend

Jonathan's government could steal a triple of Abacha's if God hadn't sent Buhari to oust him


Al-mustapha wants us to believe that the monies moved belonged to government and for government purposes.

Jonathan's government did exactly the same thing. For example, the Malabu oil deal. Despite the fact that Malabu oil deal was related to Abacha, wasn't it Jonathan that went ahead to run the scam deal using federal government account?

When Dasuki and Jonathan were sharing the $2 billion arms deal, did Olisa metuh and the rest not say it was National assignment, so they didn't need to know the source of the loot.

So what's the difference between Jonathan and Abacha and Obasanjo and Abdusalam ?

Witcher:
God bless president Buhari
God bless Nigeria
Federal Universities and MDAs are giving out job like a give a card for the fear of EFCC. I hope IPPIS will accept those that are giving job within this 6 months.

executive12:

AtikuNetwork:
State of emergency needs to be declared in KD. El-Rufai cannot manage the security situation in the state.

And he wants to be President of Nigeria.

kingthreat:
You people in Kaduna are not serious. Dont you have successful children in the cities, army, other parts of the country and abroad. Time for you guys to start a fund-raising. Then buy guns. Heavy AK47s. Teach your youths how to shoot. Let there be a watchmen that monitor strange movements into your village. Once the bastards come, return fire with fire. The ones you kill, roast them and feed to your dogs. Untill you learn to fight back, you will be continually oppressed until your village turns to Fulani grazing land. Unite southern Kaduna. Fight back,

DModeCntStopMe:


Woman of substance!

This is the calibre of personalities that should in govt

But because of the nepotistic inherit nature of the dictator cum jihadist, bright minds like madam Iweala have been sidelined

Names like mungono, kyari, karu, etc...are what we see in every position, folks whose speciality and expertise are needed in anything that has to do with cows

God bless you our darling mummy.

Keep waxing strong ma, while the shithole keeps retrogressing

delta4ALL:
How pls, will love to know more. Thanks

Gnaeusmagnus:
Hmm

To everyone grumbling about how the Senate is a rubber stamp and how we are taking loans...

Let me tell you guys a cold and hard truth.

Nigeria is broke, has always been broke, and is going to continue to be broke.

1.Oil right now is 45 dollars per barrel. We need it at $140 per barrel. In 2012...we needed it at $120 per barrel. That's our breakeven price.

2.So as a result, we are not breaking even. We are not even making enough money to sustain the budget....

3.For those of you that say GEJ should have saved...even if he saved, at best we would have reached $100billion, and by now, most of those savings would have been gone because the oil prices since 2014 cannot sustain us.

4.If we don't take loans, the economic situation would be worse. As in, most Nigerians won't have been paid salaries for years. And essential prices would be at sky high prices.

5.If you want Nigeria to develop, you have to hold your leaders to account. You have to remove subsides, so that we can save money and attract investment and jobs. We have to end useless projects like N-power. We have to cut the bloated civil service and the National assembly, and the cost of governance. We have to spend more on inudstrial output and less on importing stuff.

In other words, leave oil and become industrial.

Lyricalgod:
I graduated from the university in 2017 and served the following year, have tried a couple of job applications and internship programs but none has paid off.

Days back my parents asked me to apply for a masters programme abroad, since they would have less financial engagement next year,they would be able to sponsor me comfortably, I suggested giving me the money to setup a business instead,but they were not too interested.

But am confused don't know where to start,and how to go about it I.e application, visa etc.. I know a lot of experienced readers are here who have been there,and i know their are people like me out there who want to learn and gain vital information.

Mods please push this to front page

tot:
That is what happens when you are overly dependent on everything foreign.

With the large population we have in Nigeria, yet we can't upskill and deliver. Do the chinese have 2 heads? Useless leaders. Mschew.

KEVIND:
The North is too greedy (70% of the loan is for the North). The funny aspect is that 90% of the loan will be repaid with the resources from Niger delta.

oz4real83:
The total is still not up to the proposed loan Out of over $22b, this govt intends spending $500m on education. That shows the value they placed on education. Also check the intended spending on health, less than $100m. They are spending less on health and education because they still want a reason they and their families will continue going abroad.

crackhouse:
This is the best senate we have had so far. They know Nigeria need money to move ahead. Baba carry on we will pay back through tax. We don dey pay already and our children will soon join us to clear the debt.