₦airaland Forum

stars2018:
She must no go anywhere o.

But Alison, Saraki, Fayose, Metuh, Dasuki etc all your heroes must be allowed to go anywhere they choose.

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LuciferCristi:
Are you saying Adeosun should carry on as Minister with a forged certificate?
or
Are you saying the certificate wasn't forged?

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Since you cannot comprehend anything it will be a waste of time explaining anything to you just like explaining quantum physics to a flie

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CROWNWEALTH019:
And we went into recession and now still going back, she can never make it like the NGOZI mummy of this world. The whole world know her as a fraudster

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You sound uneducated and lacking the capacity to apply education in your day to day activity. Here is your mummy promising you a tough and hard future after dashing billions to Dasuki for your father's re-election GEJ and bribing senators with billions.... She lacked the integrity to stand up to corruption but silently accepted it as practicable.

The Adeleke guy should not be subjected to the rigours of a debate.

Very sad, huge loss to the country how would our economy survive this?

But how would Papa Destroy Pikin survive another defeat?

EzeIgboNwaChukwu:
Truth is this woman is the most beautiful and most active minister that Nigeria ever had.
she improved the Nation's economy and took Nigeria away from the recession and economy that was ship wrecked by the past administration.
just that the idiotic pigs of Biafra are so consumed with hatred over Buhari and can't see anything good in this administration cos they are blinded by their hatred despite Sai Baba's numerous achievement.
she's even More active than the flat headed ever corrupt Ngozi Okonjo Iweala.

Kemi Adeosun Will be greatly missed.
One day IPOB Will be finally put to shame.

Oti pari, we know what value she came with.

She will be missed, this is a huge blow to our economy.

ItsMeAboki:
See how the tribal bigot have suddenly gone quiet or stayed away.

They think their maniacal cries will change anything.

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mekaboy:
She cancelled our debt and borrowed $10 billion, subtract that from the debt relief. Kemi did nothing but borrow.

Who knows how much she paid senators to keep her secret.

How many awards and appointments did NO I receive after she left Nigeria. Let's see how many kemi will get with her criminal minded activities.

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Borrower over $10B which is external debt excluding domestic debts at a time of high oil prices to do what?

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kernel001:
Wow! I like that question.
Ngozi came in when the crude oil price was within $16 to $24 per barrel, yet Nigeria was highly in debt. She brought debt relief and revamped the economy with $16 per crude, the world went into global recession, she stimulated our economy against the tide.

Kemi landed us into recession, while they was no global melt down. Ngozi held Nigeria in the face of global melt down.

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The simple question is Okonjo racked up over $10 b despite having high oil prices to do what exactly?

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kernel001:
Okonjo got Nigeria debt relief, what did Kemi offer? Fake Certificate. She borrowed $10 billion in all her stay, but within three years Auntie Kemi has borrowed $37 billion, by the end of 2023, Nigeria will be up for sale.

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$10b in the midst of high oil prices. Abeg when do you plan to start thinking

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mekaboy:
Who did kemi pay go put is back in debt.

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Do you accept your senseless thread has been roundly refuted?

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mekaboy:
Oshiomole and APC tried everything in their power to tarnish the image of Ngozi okonjo iweala, who introduced most of the policies to block loopholes for corruption in Nigeria. Even after they refused to save against her advice , they still turn around to blame her.

Remember during the early days of buhari, when he started with the blame strategy for failure, they would always say one thing or the other against Ngozi. The more the incompetence of kemi was glaring, the more they blamed Ngozi. Nigerians got tired of the blame game.

So we look at the two ministers, though it inappropriate to compare they two, because the world has seen that Kimi is not match but let's see.

While Nogizi believed in saving, kemi believes so much in borrowing, not even for infrastructure, but to fund those who blackmailed her in government.

Ngozi cancelled our debt, Kemi increased.

While nothing was found on Ngozi, kemi was alleged caught in yahoo, sorry forgery.

While 'coz I keeps rising to fame as the first African on Twitter board, kemi can be said to be the first African finance minister to forge certificate.

So it's like one minister rose to FAME while, another sunk in SHAME.

Can any international organization, employ kemi adeosun with a record of forgery and obtaining by false pretence?

Nigerians can tell the difference from the economy handled by both.

While oshiomole and APC kept raising false allegations against Ngozi in Nigeria, the international community kept promoting her.

But they kept protecting kemi, but it's obvious that they international community have their own method of measuring competition and integrity.


Hope the polytechnic she went to abroad won't revoke her certificate.

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vedaxcool:
Nigeria’s total debt stock has again risen to a very high level of N10.4 trillion as at June 2014. The rising debt profile of the country is made up of external debt stock of N1.46 trillion ($9.377 billion),[color=#990000][/color] Federal Government domestic debt of N7.421 trillion ($47.653billion).

States in the federation have a domestic debt stock of N1.551 trillion or $9.963 billion. The Federal Government’s share of the rising external debt stands at $6.363 billion.

As at December 2013, however, the total stock of external debt was $8.821 billion indicating a rise of $556 million in the first half of 2014. But as at December 31, 2012 Federal Government’s external debt was $4.14 billion as against a total debt stock of both Federal and state governments of $6.5 billion.

A break-down of the rising debt profile showed that Federal Government’s external and domestic debts amounted to N8.8 trillion or $57.030 billion as at the end of June 2014. Federal Government borrowing from multilateral Institutions amounted to $3.826 billion while loans from bilateral sources mainly China Exim Bank and Eurobond amounted to $2.537 billion.

In the case of states, a total of $2.904 billion was sourced from multilateral institutions, $108.9 million was obtained as loans from bilateral sources, thus making the states’ total outstanding external debt as at June 2013 $3.013 billion.

Disclosing these facts in Abuja, Director General, Debt Management Office, Dr. Abraham Nwankwo said that although the debt profile had increased, he assured that the debt remained sustainable at a ratio of 12.51 to the Gross Domestic Product, GDP.

The D-G also said that the managers of the nation’s debt would apply more caution in further borrowings in order not to run into the crisis of debt overhang, which the nation once suffered.

His words: “The sovereign debt is doing well. Currently our total sovereign domestic debt for both Federal and states and the FCT is about N8.9 trillion and external debt is about $9.38 billion.

“Our current debt/GDP ratio is about 12.51 per cent which is much lower than the 56 per cent total public to GDP for countries of Nigeria’s group.

However, this is not an indication that Nigeria can afford to borrow without caution. In spite of the re-basing which means we have more capacity to borrow, we are not going to borrow without caution. In fact, we are going to be more cautious, especially because our tax-GDP ratio is low. Many economic agents do not pay their taxes.”

Eurobond

Dr. Nwankwo said that the Eurobond initiative which commenced in 2011 with the floating of the $500 million Eurobond has positively changed the profiles of Nigerian corporate organisations and their ability to raise long-term funds from the international capital market.

The Federal Government raised additional $1 billion from the international capital market in 2013 following which several Nigerian firms, especially banks have also gone to the international capital market to raise funds for their operations.

According to him, six companies issued nine bonds within the last one year, from which about $3.4 billion was raised. The DMO boss said his team would ensure that the funds raised from the capital markets both at home and outside were utilised profitably in the interest of the nation’s economy.

The D-G disclosed that the funds raised from the Eurobond had been deployed to very critical sectors of the economy, requiring urgent financing to boost the economy, especially, the electricity power, agriculture, solid minerals and the dualisation of the Airport and Kubwa Roads in Abuja.

Dr. Nwankwo said that his team has managed the nation’s debt in line with the national priority needs.

with a view to creating full values funds borrowed in order to ensure maximum benefits to the economy.

His words, “we have tailored the nation’s debt management in accordance with our peculiarities. We have used debt management to leverage development of the private sector and it has helped them to raise money to boost the real sector such as manufacturing, solid minerals, agriculture and electricity power supply.

“We have to develop the capital market to develop long-term debt instrument such that rather than what the banks have been used to in terms of given out 91 day loans, we now have debt instruments of up to 20 years. We have made it possible for the companies to float their own bonds in the domestic market such that between 2005 and 2013, 23 companies raised N223 billion which was evidence that that aspect of the transformation agenda of the President Goodluck Jonathan is working.

“The implication is that with operators in the real sector of the economy being able to raise long-term funds, they can expand their businesses, increase productivity and create more jobs, across the country, on a sustainable basis”.

Dr. Nwankwo said that great opportunities had opened to the Nigerian public and appealed to those creating violence and instability to have a re-think.

In his words, “we could have done better if the artificial distractions had been avoided. If we are lagging behind, we are the ones holding ourselves backward.”

Public should monitor funds’ utilisation

He explained that Nigerians should not policies nor resist state governors who want to access funds from the capital market in order to undertake development projects.

According to him the general public, especially civil society groups and the media, should rather insist on the building of institutional frameworks to guarantee the effective and efficient utilization of borrowed funds.

https://www.google.com.ng/amp/s/www.vanguardngr.com/2014/08/nigeria-sinks-deeper-external-debt/amp/

Funny how Okonjo due to lack of political will of GEJ led Nigeria back to borrowing not for infrastructure but for paying salary despite high oil earnings. This article was written in 2014.

Lalasticala mynd44

https://www.nairaland.com/4731212/how-gej-okonjo-took-nigeria

Okonjo after paying IMF an unscrupulous lending institution took us back to. Debt

Wailing zombies are still perpetuating the myth of Okonjo

This one nah yoots him be, see how unscrupulous and unprincipled he actually is.

Ipob juwus are a group of unstable morons only please compound imbecile5

Yet some senseless pigheaded pigs were shouting military invasion when clearly ipob accursed vermin's were planning to set ablaze the property of law abiding Nigerians. This clearly shows they are not only devoid of reasoning but deranged violent beings with plenty of malice in their hearts. It is sad Igbos allowed this unstable morons become lords in their lands.

alhassanyusuf29:
and there is nothing u can do about it apart from wailing on social media

these hypocrites are better ignored. They want PMB to do what their heroes never did.

Nigeria don't need that right now.

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Afam4eva:
If you had an ounce of sense, you'll realize that this is neither about Buhari or Jonathan and their appointments but about southern unity.

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If you have ever used your sense, now will be the time, your entire useless thread is based on PMB DSS appointment which occasioned dishonest and vile creatures to demand unity when in fact they were silent when Jonathan and even Obasanjo did same. But truly keep your useless unity to yourself and see how it pans out for you.

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Afam4eva:
There's no point belaboring on the fact that there's noo such thing as Southern Unity as it seems each component unit that makes up the south are fighting for their interest and don't care about anyone else. it seems to me that it's only the South-East/Igbo leaders are are always hell bent on attaching themselves to an inexistent southern unity. The only time the southern leaders actually speak with one voice is only if a situation affects either the SS or SW.

It's no news that Buhari is an irredeemable irredentist as succintly put by Donald Duke. So, what he did by passing over Seiyefa for the position it's not news to people who don't have their heads buried inside Buhari's exterior. My only problem is, would the southern leaders have spoken had it been an Igbo person that was passed over? I don't think so.

I think it's high time for Igbo leaders to wisen up and unbuckle themselves from a phantom Southern solidarity which is just a ploy to unite forces against a northern leader only when it affects anybody but the Igbos. Even more dubious is the romance between the SS and SE. The south-south has never supported the South-east in any capacity but always wanting support from the east when their man (Jonathan) is being oppressed or when they're been cheated out of a position.

Ndigbo, wise up and be counted.

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When Jonathan sack Yardua man and replaced him Raymond Ekpong non of you chant irridentist abeg keep your useless unity to yourself. PMB did not fall for your blackmail when Saraki removed card reader from the Electoral Bill neither did he fall for the DSS blackmail. If unah no like am single to the marines

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deriod:
you're contradicting yourself ,I can't see beyond tribalism but you n your PMB can,n yet all service chiefs are from his tribe ,I'm sure you're Yoruba with d slave mentality d only tribe with a demi god like Tinubu.

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Chief of defense staff is from Ekiti and naval chief is from the SS

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Legendkid:
A typical Islamic hatred packed filled comment.
What has Israel and jews got to do with this?

Kids won't delete this hate speech, but will delete mine

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Nairaland illiterate be gone

Hopeless criminal confessed to cutting Lagos Ibadan express by 30B NGN

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mekuzoil:
The next president off Nigeria !

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We dash him to republic of beerfraud

No wonder the briber began snorting like a pig making false claims against PMB

Bukola Saraki said and I quote “I CUT the amount of the budget (Lagos-Ibadan Expressway) by N30bn.

Same Bukola Saraki increased the budget of NASS in 2018 to N139bn.

How to #GrowNigeria in Bukola Saraki’s book, cut the budget that affects the masses and increase NASS budget!

chiagozien:
lifeless reply from apc zoo zoneb

Incoherent reply from a lifeless cownu shoe unrine drinking zombie