₦airaland Forum

Rivers Government says it owes only N81bn

The debt profile of the Rivers State government has been pegged at 81 billion naira.

This is according to the State Commissioner for Information and Communication, Ibim Semenitari, who disclosed this while interacting with newsmen in Port Harcourt.

Semenitari, who debunked insinuations that the state government under Governor Amaechi had continued to incurre debt running into over 300billion naira, said critics lacked understanding of how loans and bonds work.
She noted that the recently approved loan by the State House of Assembly for the Governor was pending loan that was part of the 2014 budget.

The Commissioner also disclosed that the said loan was yet to be assessed by the state Government.

“I have heard all kinds of ridiculous things with regards to the debt. The Rivers State government does not owe anything in the region of 300 or whatever that I have seen published.

“That does not exist. Our records are very clear on that matter.
“As at August 2014, the debt profile of the government of Rivers State was 81 billion in Bank loans.

“Every month, the Rivers State government pays back a minimum of 11 billion, therefore we will not be leaving loans for the next government. And indeed, if at all, it will be very minimal.

“I wonder where they get their calculations from. All of you were aware when we went to the House of Assembly to seek approval for 100 billion and they granted it.

“After the Assembly approves, you still cannot draw the money except Assembly approves.
“As at today, the government of Rivers state has not drawn one kobo from that loan”, she said.

The Rivers State House of Assembly had approved a fifty billion naira loan to aide infrastructural development in the state.

The assembly also approved two billion naira for medium and small scale enterprise development from the Central Bank of Nigeria, CBN

http://247nigerianewsupdate.co/rivers-government-says-it-owes-only-n81bn/

A game of chance

†ђξ tin no work for my fone, abi na for only Z10 seun put am?

But really,
1. Airforce plane (supposedly for fighting & destruction) helped †ђξ army to destroy boko haram in adamawa
2. Same day, the aircraft was lost
3. Same day, a strange aircraft was found hovering above synagogue church
4. The lost aircraft was for destruction
5. Less than an hour after leaving the airspace of the church premises, building collapsed
6. Meanwhile aircraft was scheduled to return 12noon
7. CCTV reported strange aircraft in Ikotun 11:54pm
8.Building collapsed 12:44pm

This iڪ making some sense.

Can it be.........

No

Question:
1.what will adamawa aircraft be doing in lagos?
2.Did T.B. Joshua offend nigerian army, or did he offend the pilot?

Well, I don't know.

Recommendation: Nigerian army shouldn't limit the search for the plane to the north. Perhaps they need to come down south.

But really,
1. Airforce plane (supposedly for fighting & destruction) helped †ђξ army to destroy boko haram in adamawa
2. Same day, the aircraft was lost
3. Same day, a strange aircraft was found hovering above synagogue church
4. The lost aircraft was for destruction
5. Less than an hour after leaving the airspace of the church premises, building collapsed
6. Meanwhile aircraft was scheduled to return 12noon
7. CCTV reported strange aircraft in Ikotun 11:54pm
8.Building collapsed 12:44pm

This iڪ making some sense.

Can it be.........

No

Question:
1.what will adamawa aircraft be doing in lagos?
2.Did T.B. Joshua offend nigerian army, or did he offend the pilot?

Well, I don't know.

Recommendation: Nigerian army shouldn't limit the search for the plane to the north. Perhaps they need to come down south.

This news won't go beyond this point.

Except of course if it becomes .......Apc's Jarrett Tenebe

The plane hasn't been found in 48hrs

awhydot: Fashola and his team should be commended. Chukwu stays in Abuja and only makes press statements.

Yes. The Health minister should also be commended for being effective at making calls. MTN or whatever network he uses should be commended for smiling to the bank.

Win-Win

thegoodjoehunt3: As long as the Health Minister misappropriated funds for the fighting and prevention of the virus entering Nigeria, he is a detriment to the progress made in the fight against Ebola.

With that money, more effective strides would have been taken to secure Nigerians.

Any emergency in Nigeria iڪ an opportunity to loot.

This statement is 99% valid, especially in the political sector

An Alpha Jet (NAF 466) belonging to the Nigerian Air Force is missing around Adamawa State.

According to a statement signed by Director of Defence Information, Major General Chris Olukolade, “The aircraft, with two pilots onboard, left Yola at about 10:45am on 12 September 2014 on a routine operational mission and was expected back by 12:00 noon.

“Since then, all efforts to establish contact with the aircraft have not yielded any positive result. Meanwhile, search and rescue effort is ongoing to establish contact with the crew”

“In view of the foregoing, you are please requested to disseminate this information through your news medium for the awareness of the general public.

“Thank you for your usual cooperation”, the statement added.

http://247nigerianewsupdate.co/nigerian-air-force-plane-missing-in-adamawa/

themejiwalker: That's a nice wall clock tho

Some pple get eyes sha. So detailed. I had to go check the pix again

Ɣ her speck come betray her naa?




But it should go to jokes section anyway

He has tried, especially in the area of coordinating the whole process, but kudos to all who really made it work. I salute the Lagos state government more for putting politics aside and allow this work........ Even though now, federal govt seem to be taking all the glory if you know what I mean

Seeing Seun's public apology, I will say he's pardoned. But O@dT, can you pls answer this, who bans seun if he offends?

=))•´¨) 
¸.•´ ¸.ℓoℓ •*¨) ¸.•*¨)
‎​=)) ¸¸.•´=D(¸.•´(¸.• =))

Bi mo ba ni eegun mi ma jo, bi mo ba tun ni ko ni jo mo, ewo ni tie nibe? (If I say ♍Ɣ masquerade will dance, and I later say it won't dance again, what's your own there?"

I actually believe this iڪ †ђξ best time for the schools to resume. Let the govt take serious measures now to ensure that all schools put the right facilities in place for EVD spread prevention

Never underestimate the power of social media. This iڪ where 1+1=11

Those who live in glass houses should not throw stones

These pple should go and hawk into boko haram 'technology' na

Now its Sahara's turn. NL successful came back, not without some data loss anyway. I hope they learnt from Seun to back up their data.

There iڪ no beat without a drum.........

Firstly I believe this iڪ not for calls alone, but includes data.

But my question iڪ: they make so much money, yet they(especially mtn) retrench permanent staff and indulge more of contract staff. Should this be so?

Besides, how much iڪ their tax? Cos I believe govt will have part of this. Or iڪ this their net? Even if it iڪ their net, govt must be smiling to †ђξ bank also.

Lastly, #reduceourcallrates

Looking at this, I don't think it was actually the CV that qualified him....... The fact that he was able to 'market' his CV in a unique way qualifies him to be an innovative marketer.

Whether this translates into good marketing potentials for the company iڪ a topic for another day

I'm putting my CV on Nairaland immediately.

Really Touching

I think I need to form another party. So that once he fails primaries in APC, he can come and fund my party

Including Rivers State schools?

Especially when combined with 'gbegiri'. No wonder there iڪ no Ebola in Oyo & Osun states

EmmaOgbu: School better resume oo. No time. If Ebola shld make u close schools, churches shld be closed too

When these kids go to school, they are on their own. But if they all report in church, they are covered by the blood of Jesus.
Diaris God oooooº°˚˚˚°º°˚˚˚°º‎​

APC kept PDP busy with EVD. Hence they did Africa Magic

How will the market woman outside know this? My thought iڪ that, while I may be able to comprehend, we need these information in simple terms and description to the masses outside there.

They are even more vulnerable

As you start the ....EMBER months, do have an....

E-bola free
M-ilitant free
B-oko Haram free
E-mergency free
R-egret free

Months ahead