₦airaland Forum

ok , it seems as if most people believe that borrowing may be a good thing , i am not going to do dispute that but i have a question
IS IT A MUST FOR A GOVERNMENT TO BORROW BEFORE IT CAN PERFORM ITS DUTIES AND BEFORE DEVELOPMENT CAN TAKE PLACE?
WHY MUST A GOVERNMENT BORROW ?
IS THERE ANY ECONOMIC ANALYSIS OR REASONS THAT SUGGEST THAT IT IS A MUST TO BORROW ?
just asking oo

Usiyaro: yea mehn, i was told earlier but thanx 4 adding more geniune details

my brother know this that whichever way u use to get a verified paypal , you will be taking a great risk of losing ur money , the stakes are high . but u can still try anyway .
get a virtual cc
virtual bank account
virtual address

nwanna89: Nice analysis. I cant agree more...Then again..whoever the north will bring out to run in PDP against GEJ will be frustrated out of PDP even before the primaries. So GEJ might run in the primaries without any reasonable opposition

why are you disturbing urself.gej will pick pdp ticket,and win the elections.pdp govs willl start negotiating with gej very soon.all these opposing views they are having or taking about now is just raise their bargaining chip,no pdp gov will decamp and some acn stalwart wil joing pdp.this is nigeria politics ,it is the same procedure ,u will see,all these tambuwa and co will follow gej.u just watch

thelastPope: Maybe OBJ wants to make all Nigerians poor...

kindly point to me 1 place in the whoe write up wher obj name is mentioned apart from the topic headline?this shows that u didnt read the whole writeup

barcanista: Pls KORO won the December 2006 primaries against Hilda. Hilda wasn't really interested in governance, it was Bode's George handiwork to undermine KORO'S progress. Sayin Hilda won is exposing ignorance in a public space. @texaco

ok ,i agree koro is the next messaih of lagos state .
@ lagosians KORO IS UR MESSAIH OOOOOO.I DON TALK MY OWN FINISH
@op are u happy no ?i don tell them everything u said

i swear i am trully a genius didnt i predict 20sec.very soon someone will come around to say the immidiately he switches on his phone 15mb goes off.just watch

qwerty: lol really can't stop laughing literally I finish 15mb in 20 sec......

barcanista: officer you funny o, you keep attacking me instead of countering my points wit facts-which i know you can't anyway. All the falsehood spread by the ACN against the person of KORO won't work. it's not working at all

u are the one who is funny i am a pdp supporter to the core read all my posts but u must have facts ,i have told u koro didnt win fair ,it was hilda that won the primaries and it was announced until obj stepped in and made the party give koro the ticket.it is on wikipedia even the man from congo or somalia kno this .
how can koro be the gov of lagos state?u have done more harm than good to the image of that man i just hope he isnt paying u for all this because if he is and he reads all these things u are writting he wont find it funny o.koro messaiah of lagos state?awada kerikeri

musiwa26: texaco, you dont know i have influence. so great that i will become the president.. why do you think i am trying to save your life's.


https://imageshack.us/a/img715/5161/1111nhk.jpg

save whose life?wettin u chop dis evening?

barcanista: KORO has shown that one doesn't necessarily have to be in public service to deliver. Through the Obanikoro Priorities Project, KORO has touched alot of lives with special emphasis on education. OPP has been giving scholarships as well as giving out text books to the less privileged

KORO should change u,you are bad campaigner,infact the way u are going about it u are making koro look very siilllyyy for making u his campaigner

anonimi: For some time now I have warned my friends who happen to be propaganda proponents and remain blindly loyal supporters of the Association of Conmen in Nigeria, ACN that they NEED to stop LYING and circulating LIES to us. This forum is not made up of their usual crowd of Area boys, agberos, motor park touts, thugs etc.
They obviously cannot and do not want to listen and heed good advice, hence they continue their reckless journey of dis-information.

Last year's budget ALONE of N160 billion contained a provision for over N50 billion as loan:




And this is obvious given what Ajimobi's state receives from the federal allocation which flows essentially from Niger Delta oil monthly.


So the difference between the N110 billion "to be financed directly" and the N2.3 billion monthly allocation is the IGR that is taxes, levies, rates, fines etc from the hands, wallets, pockets, handbags and purses of Oyo state residents and even those outside the state who have aged or other dependents whom they support due to Ajimobi administration's failure to provide socio-economic facilities of

* free & compulsory education for our children
* free basic primary health care
* potable water for all
* cleaning gutters and clearing bush
* etc etc

Initiatives that will generate revenue & create massive employment down the line with an attractive and competitive investment climate.

Logically, the Oyo lawmakers approved the bill for Ajimobi to borrow the N50 billion last year.



It is interesting to note that the TWO loan requests from the governor were approved by the lawmakers after "29-clause amendment to it before a two-thirds majority passed it into law" in October 2012. That was some three months after the infamous trip to London for the "training" of the lawmakers' wives.

[img]http://p.twimg.com/AyJ3cUjCEAA48RM.jpg:large[/img]

[img]http://1.bp..com/-vP7SdAeCGD0/UAcoWQZyNrI/AAAAAAAAEhc/B3VX76rCHB4/s1600/560951_395702837153042_1364104475_n.jpg[/img]

Any more mugus from (or with links to) Oyo state you are simply On Your Own -OYO!

ACN=ASSOCIATION OF CRIMINAL NETWORK.wel let ajimobi chop all the money he can now because the verdict has been passed on him already by the people of oyo state which is ACN MUST GO .that party was built on lie ,no wonder they have a liar as their secetary.
i told dayokanu that we are taking our time before commenting and i was t dissapointed .poster thanks for wonderful eye opener research.now lets see how acn goon will wrigle out of this one

laurel03: All ds our leaders with propanganda shaaaa. Aside d single lane bridge they have not complete any project in oyo state... Let us see the site of five star hotel? Completed dualization road project? Is oyo state water corporation still working?new school? Hospital? Have they paid new minimum wage? How d governor energized d economy of d state? Thank u sir for yes oo 9700 naira work for graduate that is d job for graduate(slavery), because they are planting flowers on bad roads they started shouting transformation.... What about the 50 billion bond he wanted to raised? D local govt money nko? D guy get sweet mouth joor....

honestly speaking that bridge is a total waste of money,it is just as if they dashed those chinesse contractor free cash.that bridge in the next 10 years will not serve the purpose it as built for.its width is just too small

brighter: texaco1 u did well by double
-quoting a write-up of over 3,000 words just to praise your man with 11 words, kudos for wasting space.

@ post: Dele Momodu must be a bad political analyst, does it mean the opposition so lack capable hands that his best bet are Tambuwal/Amechi (people currently in power through PDP ladder). Oga Dele please stay clear & allow the opposition do their job.

my friend,i have edited my post naw,or should i re edit it?but on a frank note gej will win the next election judging by what is happening currently.all these pdp govs are still gonna fall back into line when the money starts rolling.politics is serious business to our politicians and the masses have no share in their (politicians)profit

why dont u guys just vote GEJ and have some peace of mind ?all these arguments is not necessary

seunlayi: he should better borrow if he needs to i.e. Mokola bridge should have been constructed to be wider than the current size.

that bridge is a complete waste of tax payers money

publisher: PDP may end up winning a massive landslide come 2015. Look at how so-called opposition figures are just playing their cards too early and giving PDP a hint on what to expect.
If a PDP strategist reads all this,wouldnt they start planning on how to deal with potential threats? They've barely started with Amaechi.

If the likes of ACN are not careful they may even loose Lagos if PDP just manages to locate a very young and dynamic gubernatorial aspirant.

PS: Isn't this article old? I believe it was written before the Governors Forum election palaver.

the opposition dont even have a party yet , we dont know whether it is acn or apc or cpc ,they are totally disorganized , and pdp is busy doing it house cleaning process now byt the time they launch out them ppl will see and realize that mr PRESIDENT IS NOT CLUELESS AT ALL

is musiwa related to mimiko or what ?

Usiyaro: thanx man i think i jst got an idea, why not i register the paypal using my shippyme adress and once i pay and they ship to the adress the shippyme send my item down to nigeria. Feel me?

nice thinking , but what about verificatioN?ok my guy let me send u how to do it ok .

imperiouxx: Thanks for your understanding.

no shaky , we dey kampe
gej all the way to 2019

Garri the 1st: @Musiwa...

Get lost with ur trash!!!

What's wrong with you??

If you want to suck Mimiko's d1ck why not open a thread for that??

Guy go take ur "melecine" and stop acting like a dumb-ass-cretin..

people dey vex ooooo

Orikinla: The next President of Nigeria will come form the North.

which nigeria ?the one on planet mars abi ?

T jazz olalekan: Funny,I don't understand what he is trying to talk about.

i am gonna unfollow this thread jare

Usiyaro: dont know about that sir, why then do u chat with a seller? Cus u can tell him/her how u want ur transaction to be. I stand corrected sha.

it is to sfaeguard themselves against fraud , you cant put an address of benin republic in ur PayPal address and tell the seller to ship to nigeria, go to ebay try to pay through PayPal you will see that it is written clearly that they will only ship to the paypal address. but after pay ment is through u may try with GOD help to convince the seller to change the shipping address when he or she wants to ship but trust me the moment they hear NIGE before u even complete RIA they will say capital no.

but tell me what is the problem really ?

Kewt: Very sound analysis by Dele Momodu.

I am not a fan of his but i must say, he won my mind by this piece.

Kudos to him.

i have been advising him on how to behave himself

Usiyaro: yea bro i know that, thats why i said its a research

the only way u can use paypal is to go to benin republic open one with an address there that u can use for recieving goods , most shops or sellers that accept paypal will only ship to the address on ur paypal

imperiouxx: @ texaco1,

You don't need to quote this long post before you make your point understood. Moreover, why twice quoting?

Abeg, edit dem, they are too long.

ok sir , i don edit am

dayokanu: Thats why we can all see its bad belle nothing more.

Any sign of progress not witnessed in the caves is criticised

he must borrow.
why shouldnt he borrow ?everyone is borrowing naw

jibsai: The car Akala bought 4 u abi Bet worEva u want, Pdp don't stand a chance here anymore// pass d mic

we shall see

careytommy:
So This is What Nairaland has become?

i cant see any sense in what the op is trying to say or bring out .

BY Xplicit: Lol @ 15Mb for 3days..bro u killed it there, 15mb for me won't last 2mins

very soon somebody go come here come talk say for him 15mb doesnt last for 30 seconds , just watch out

Usiyaro: Anybody think of how to open a paypal account in nigeria? Without paypal limiting/blocking the account? Wount you love to indulge in Bids on Ebay? You could win cheap bids for expensive stuffs and pay with your paypal then forward it to ur adress. Guys think of this, wouldnt it be cool? Why not lets start thinking of a way to pay/buy on any us/uk sites. Am currently doing a research on paypal, if it comes clean amma surely let the house no.

my guy dont try it unless u want to lose ur money .paypal will allow u to put in money before bring out their ojoro

even america,japan and germany borrows but our gov in oyo says there is no need to, na wah ooo

http://www.mint.com/blog/trends/the-worlds-biggest-debtor-nations-102011/

http://www.financialsense.com/contributors/leslie-cuadra/2011/08/31/list-of-worlds-largest-creditor-and-debtor-nations

Ekans: I now see that most Nairalanders read only the title of an article and comment.Pathetic lot.

are u just realising that?most ppl only read the topic and comment ,they are like a dog that barks before it sees anything.