₦airaland Forum

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magoo10:
the worst thing you can do yourself is self deceit by glorifying a dumb dullard who has no intellectual capacity.Saraki is too intelligent for buhari #fact

The last unintelligent move staged by the dullards saw him loosing daura of DSS

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Still spewing unintelligence at 5 tons per sec

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deriod:
how do you guys sleep at night ,serious I'm beginning to believe there is a form jazz involve in dis ,how can u support evil dis much ,I'm sure if PMB should order DSS to kill your mom you'll still have a reason to justify him ,SMH

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No sense contained in this post at all. Because you can not see beyond tribalism. Once some so called southern leaders began threatening and blackmailing PMB to keep Seyeifi I immediately knew his time was going to be up sooner than later. Threats and blackmail never works with PMB.

chiagozien:
Just like shekau that has died five times.

Under Nnamdi Cownu beloved Jonathan led administration... you mean.

what a great loss to PDP, IPoB juwus rejected by Israel, wailing zombies and other vile creatures

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magoo10:
Saraki is a hundred times intelligent than the dullard as long democratic setting is concerned.

Buhari will only outwit saraki in a military setting by the barrel of guns ,unfortunately we are in a democracy.

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They can't read and understand yet are quick to talk about intelligence...


I pride myself for not being anyone’s apologist but this President has, in my opinion, either been indifferent to the circumstances that led to the emergence of Dr. Bukola Saraki as Senate President or he is an extremely tolerant person. I however choose to believe the latter because he even congratulated Saraki when the Supreme Court vindicated him.

27 wailers viewed this thread and fled to the speed

Politics without higher purpose is merely self serving narcissim. Working for Jonathan Doyin Okupe had this to say about Saraki:

Wkikileaks revealed he suffers Congenital Failure Syndrome

Buterflyle0:
Don't mind those Looters media crew paid gang. They will even lie against their own father all because of the 15k a month allowance they are getting from the looters and thieves and fraudsters in PDP

It is sad, if they work hard they can earn more than that but prefer laziness to hardwork

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comos:
I can read there that the presiding officers should use smart card reader or any other technology for card identifications.

the FG dose not want to sign this bill hence coming out with all these excuses.

they are simply looking for ways to use the incident form by which they can massively rig the election.

Nigerians must rise up and pressurize the president to sign this bill into law such that we have a smooth and transparent election.

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Only thieves and corruptionists will support signing a document with so many errors.how much they pay some people to lie for criminals makes little wonder why things are the way they are in this country.

Awon ode ipob juwus rejected by Israel and wailing zombies hear

Rwanda. East Timor. Myanmar. The world has a cruel habit of ignoring humanitarian disasters until it's too late. Old habits die hard, and the people targeted by state-led ethnic cleansing programs even harder. But the reports of mass concentration camps and the criminalisation of Islam inflicted upon China's Uighur Muslims should alarm anyone and everyone. Right now.

In August, a United Nations human rights panel reported that up to one million Uighur Muslims were forced into grounds that resemble massive internment camps in Xinjiang - the autonomous region in western China home to approximately 10 million Uighur Muslims. Gay McDougall, who sits on the UN Committee on the Elimination of Racial Discrimination, claimed that up to two million Uighurs and other Muslim minorities were forced into "political camps for indoctrination".

READ MORE
Escape from Xinjiang: Muslim Uighurs speak of China persecution
The scale of China's internment is staggering, with at least one in every 10 Uighur Muslim living in Xinjiang "disappearing into internment camps". The figure is even more staggering for those that have family or friends locked away for no other crime but practising a faith - Islam - in a region where this religion is categorically associated with subversion, separatism and terrorism.

But the internment of one million people in Xinjiang is only the tip of the ominous state architecture of ethnic cleansing against Uighur Muslims. The very phrases "internment" and "concentration camps" instantly conjure up images of the Holocaust or the rounding up of Japanese Americans during World War II. Potent analogies that spurred the New York Times, the Atlantic, and the Intercept to publish recent pieces documenting China's designation of Islam as a "mental illness," and its merciless objective to annihilate it by way of a sweeping system of ethnic cleansing, of which mass internment is only one part.

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Yet, much of the world remains unaware of the horrors unfolding in Xinjiang. And even more, entirely unacquainted with a people trapped within the belly of a superpower bent on destroying them.

https://www.aljazeera.com/indepth/opinion/china-holds-million-uighur-muslims-concentration-camps-180912105738481.html

In cases like this, it is always better to learn from his mistakes than publicize. Least karma comes knocking on your door.

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LadyExcellency:
Your report is hogwash.

Tell us what Jonathan's government borrowed from May, 2010 to May, 2015. Stop adding State debts and other institutional support.

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Statements attributed to the DMO is now hogwash? Abeg Ngwakwe no be by force to talk

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LuciferKristi:
The United Nations have already stated that Buhari took Nigeria back to debt.

I'd rather listen to the UN than some illiterate, dimwitted, hungry Nairaland BMC Zombie spewing trash because he's desperate for a N30,000 alert.

End of.

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There is no debating with an ignoramus

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

Nothing pains awon were wailers than the giant strides Osinbajo takes every day to empower the the vulnerable. Remember some weeks back when PMB was in London some fools began licking Osinbajo shoes to spite PMB now they have changed lane and regained their wailing zombie brains to spew hatred against Osinbajo. It must be a curse being a Wailing zombie.

Lies and propaganda did not stop PDP from loosing elections in 2015 neither would it help them win elections in 2019

When they finished our treasury they said we should brace up for tougher times

www.nairaland.com/attachments/7660622_screenshot20180829104618427com_brave_browser_jpeg5c7c79ce7556197bcf3373c603d809e6

no matter their propaganda and lies it is sai baba to 2023 no vacancy in Aso Rock


The revival of Nigeria’s economy has gained momentum under the guidance of President Buhari’s ERGP programme; its ambitious targets yield results that seem to indicate that they will soon be superseded.

In spite of difficult times, Nigeria has been rated as the top 10 most improved economies in 2016/2017.

“Nigeria is a very resilient country in terms of economy,” states Mr. Venkatapathy Venkataraman Group MD at NIPCO.

https://www.forbesafrica.com/economy/2018/04/09/making-nigeria/4


www.nairaland.com/attachments/7694342_screenshot20180902174925003com_brave_browser_jpeg0a959aeba71559615f6f3de044226bf3

www.nairaland.com/attachments/7661063_img20180730104701_jpeg458cbe88a89d6eb9d97812f083e085bf

Kingwizzy16:
Nobody is visiting Africa



In Nigeria, Murtala Muhammed International Airport tops the chart with a total of 6,367,478 passengers in 2017


Chaii

read again, heathrow is London airport

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Cherez:
Soon Israel will bomb Palestine again, don't come here crying like a spoilt child.
At least you, IPOB has been invited, when are you getting noticed?

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This sounds like the words of a drunken sailor, have some rest you will alright last last.

Freetech:
Butterflyleo, Liondeleo, sarrki , Ngeneukwenu, Madridguy (or is Madridgay?) AbdulJabbar4, Omenkalives, Sirjamo, vedaxcool where una dey now?


Let's push this one frontpage. The rank of patriots is swelling daily.

God bless you my brother, no matter how hate filled servants of Corruption chants we are marching forward and shall not be deterred by enemies of the state.

MayorofLagos:
make man no report news again? This na news material now. If it cuts into their soul that na their own problem. Didn't Yorubaman bring christianity to their land and taught their forefather how to worship Jesus? I don't know why they have problem with their own Igbo Alfas asking them to spread Islam. It is bewildering!

Mayor of Lagos, please no kill our cownu followers finish e don do

. Ipob keep shouting Yoruba Muslims but it seems this time na Switzerland Muslims dey show them pepper

please stomach whatever you see there. Useless criminals network whose hobby is stealing

RevenGeMission:
This is the type of news some idiots will come and jubilate, insult buhari and cum everywhere on the thread

Quite understandable , anyone who knows anything about investments would know investors can not continue pumping money into the economy with an upcoming election, need to cut risks



If he spoil finish , na all of us go suffer am

You have said all, when the stock market ended up last year as one of the best performing, the same people when down playing the significance now it is bearish due to upcoming elections they are celebrating its declline. Funny firedtheif supported is a talking about Foreign reserves that his master Jogogoro left depleted. There is no reasoning with a pigheaded fool!

Saraki is an unrepentant morally bankrupt and only supported by like minded people.

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Makawhizzy:
Let's hear the other side of the story from the banks. FG lies too much for me to just believe them these days. They manufacture figures anyhow just to paint opposition black many a times so till those banks speak and tell us their side of the story we don't want another TSA desperado move that brought this country to her knees finally

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I did know I was conversing with a corruption sympathiser. Any human being that considers TSA desperado move simply is out of his depth intellectually. Government was wasting it resources borrowing from the same banks which held its money. TSA brought a stop to that. Banks are now in the opposition? Oga please park well and ponder on what you are saying.

Gamesmart:
This imbecilic idiot can read o!

What is this?



Dem don sandpaper your brain?

Imbecilic idiot indeed unah na go ki the mumu with insults