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What Has Rochas Done With The 211Billion Loan+Federal Allocation+13% Derivation? - Politics (18) - Nairaland

Nairaland Forum / Nairaland / General / Politics / What Has Rochas Done With The 211Billion Loan+Federal Allocation+13% Derivation? (25635 Views)

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Re: What Has Rochas Done With The 211Billion Loan+Federal Allocation+13% Derivation? by bestviewer: 6:36pm On Oct 07, 2013
"The Revenue Mobilization and Fiscal Allocation Commission [RMFAC] earlier this month raised alarm on the debt burden of some states in the Federation. The National Assembly has also raised the same alarm.
The Imo State Government has severally said that she has no loans taken since the inception if this administration. But during the budget presentation, for the 2013 budget, it became clear that Imo State government is heavily indebted.
The budget reveals that twenty two (22) billion naira loan was obtained by this administration in 2011, and sixty one (61) billion naira obtained in 2012. The government further seeks the approval of eighty one (81) billion naira loan for the coming 2013. These figures do not include the forty five (45) Billion naira loan obtained from Zenith Bank using the Local Government Area Allocations, as collateral.
If the State House of Assembly approves the budget, with the requested 81 billion naira loan for 2013, Imo would have taken a total of 211 Billion Naira loan in 2years of Rescue Mission administration."


http://www.imostateblog.com/2012/12/16/mortgaging-the-future-of-imo-children-dr-kelechi-okpalake/#sthash.6XRK9ZBn.dpuf


Pictures of imo state university where the money was wasted

Re: What Has Rochas Done With The 211Billion Loan+Federal Allocation+13% Derivation? by Abagworo(m): 6:37pm On Oct 07, 2013
120 model schools like this have been completed and over 200 still ongoing in 2 years.

Re: What Has Rochas Done With The 211Billion Loan+Federal Allocation+13% Derivation? by Nobody: 6:38pm On Oct 07, 2013
bestviewer: "The Revenue Mobilization and Fiscal Allocation Commission [RMFAC] earlier this month raised alarm on the debt burden of some states in the Federation. The National Assembly has also raised the same alarm.
The Imo State Government has severally said that she has no loans taken since the inception if this administration. But during the budget presentation, for the 2013 budget, it became clear that Imo State government is heavily indebted.
The budget reveals that twenty two (22) billion naira loan was obtained by this administration in 2011, and sixty one (61) billion naira obtained in 2012. The government further seeks the approval of eighty one (81) billion naira loan for the coming 2013. These figures do not include the forty five (45) Billion naira loan obtained from Zenith Bank using the Local Government Area Allocations, as collateral.
If the State House of Assembly approves the budget, with the requested 81 billion naira loan for 2013, Imo would have taken a total of 211 Billion Naira loan in 2years of Rescue Mission administration."


http://www.imostateblog.com/2012/12/16/mortgaging-the-future-of-imo-children-dr-kelechi-okpalake/#sthash.6XRK9ZBn.dpuf


Where the money was spent: this is the imo state university teaching hospital
This is the current entrance of IMSUTH. That nonsense picture you posted is old. Why you dey lie you dis guy?

Re: What Has Rochas Done With The 211Billion Loan+Federal Allocation+13% Derivation? by bestviewer: 6:38pm On Oct 07, 2013
"The Revenue Mobilization and Fiscal Allocation Commission [RMFAC] earlier this month raised alarm on the debt burden of some states in the Federation. The National Assembly has also raised the same alarm.
The Imo State Government has severally said that she has no loans taken since the inception if this administration. But during the budget presentation, for the 2013 budget, it became clear that Imo State government is heavily indebted.
The budget reveals that twenty two (22) billion naira loan was obtained by this administration in 2011, and sixty one (61) billion naira obtained in 2012. The government further seeks the approval of eighty one (81) billion naira loan for the coming 2013. These figures do not include the forty five (45) Billion naira loan obtained from Zenith Bank using the Local Government Area Allocations, as collateral.
If the State House of Assembly approves the budget, with the requested 81 billion naira loan for 2013, Imo would have taken a total of 211 Billion Naira loan in 2years of Rescue Mission administration."


http://www.imostateblog.com/2012/12/16/mortgaging-the-future-of-imo-children-dr-kelechi-okpalake/#sthash.6XRK9ZBn.dpuf


Pictures of imo state secretariat where the money was expended

Re: What Has Rochas Done With The 211Billion Loan+Federal Allocation+13% Derivation? by bestviewer: 6:39pm On Oct 07, 2013
Abagworo: 120 model schools like this have been completed and over 200 still ongoing in 2 years.


Show us pictures where the rochas expended the whole 211billion




[b]"The Revenue Mobilization and Fiscal Allocation Commission [RMFAC] earlier this month raised alarm on the debt burden of some states in the Federation. The National Assembly has also raised the same alarm.
The Imo State Government has severally said that she has no loans taken since the inception if this administration. But during the budget presentation, for the 2013 budget, it became clear that Imo State government is heavily indebted.
The budget reveals that twenty two (22) billion naira loan was obtained by this administration in 2011, and sixty one (61) billion naira obtained in 2012. The government further seeks the approval of eighty one (81) billion naira loan for the coming 2013. These figures do not include the forty five (45) Billion naira loan obtained from Zenith Bank using the Local Government Area Allocations, as collateral.
If the State House of Assembly approves the budget, with the requested 81 billion naira loan for 2013, Imo would have taken a total of 211 Billion Naira loan in 2years of Rescue Mission administration."
[/b]

http://www.imostateblog.com/2012/12/16/mortgaging-the-future-of-imo-children-dr-kelechi-okpalake/#sthash.6XRK9ZBn.dpuf
Re: What Has Rochas Done With The 211Billion Loan+Federal Allocation+13% Derivation? by Abagworo(m): 6:42pm On Oct 07, 2013
Onitsha, local chino's base.

Re: What Has Rochas Done With The 211Billion Loan+Federal Allocation+13% Derivation? by bestviewer: 6:42pm On Oct 07, 2013
"The Revenue Mobilization and Fiscal Allocation Commission [RMFAC] earlier this month raised alarm on the debt burden of some states in the Federation. The National Assembly has also raised the same alarm.
The Imo State Government has severally said that she has no loans taken since the inception if this administration. But during the budget presentation, for the 2013 budget, it became clear that Imo State government is heavily indebted.
The budget reveals that twenty two (22) billion naira loan was obtained by this administration in 2011, and sixty one (61) billion naira obtained in 2012. The government further seeks the approval of eighty one (81) billion naira loan for the coming 2013. These figures do not include the forty five (45) Billion naira loan obtained from Zenith Bank using the Local Government Area Allocations, as collateral.
If the State House of Assembly approves the budget, with the requested 81 billion naira loan for 2013, Imo would have taken a total of 211 Billion Naira loan in 2years of Rescue Mission administration."


http://www.imostateblog.com/2012/12/16/mortgaging-the-future-of-imo-children-dr-kelechi-okpalake/#sthash.6XRK9ZBn.dpuf


These are roads in Owerre where the money was expended

Re: What Has Rochas Done With The 211Billion Loan+Federal Allocation+13% Derivation? by bestviewer: 6:44pm On Oct 07, 2013
Lemme know when you stop crying. You master okorosha my be on the hot seat since yesterday.. grin grin grin
Re: What Has Rochas Done With The 211Billion Loan+Federal Allocation+13% Derivation? by Abagworo(m): 6:45pm On Oct 07, 2013
I'm seriously enjoying the play baby.

Re: What Has Rochas Done With The 211Billion Loan+Federal Allocation+13% Derivation? by bestviewer: 6:45pm On Oct 07, 2013
"The Revenue Mobilization and Fiscal Allocation Commission [RMFAC] earlier this month raised alarm on the debt burden of some states in the Federation. The National Assembly has also raised the same alarm.
The Imo State Government has severally said that she has no loans taken since the inception if this administration. But during the budget presentation, for the 2013 budget, it became clear that Imo State government is heavily indebted.
The budget reveals that twenty two (22) billion naira loan was obtained by this administration in 2011, and sixty one (61) billion naira obtained in 2012. The government further seeks the approval of eighty one (81) billion naira loan for the coming 2013. These figures do not include the forty five (45) Billion naira loan obtained from Zenith Bank using the Local Government Area Allocations, as collateral.
If the State House of Assembly approves the budget, with the requested 81 billion naira loan for 2013, Imo would have taken a total of 211 Billion Naira loan in 2years of Rescue Mission administration."


http://www.imostateblog.com/2012/12/16/mortgaging-the-future-of-imo-children-dr-kelechi-okpalake/#sthash.6XRK9ZBn.dpuf


This is owerre where the money was expended

Re: What Has Rochas Done With The 211Billion Loan+Federal Allocation+13% Derivation? by Abagworo(m): 6:46pm On Oct 07, 2013
Onitsha

Re: What Has Rochas Done With The 211Billion Loan+Federal Allocation+13% Derivation? by bestviewer: 6:47pm On Oct 07, 2013
"The Revenue Mobilization and Fiscal Allocation Commission [RMFAC] earlier this month raised alarm on the debt burden of some states in the Federation. The National Assembly has also raised the same alarm.
The Imo State Government has severally said that she has no loans taken since the inception if this administration. But during the budget presentation, for the 2013 budget, it became clear that Imo State government is heavily indebted.
The budget reveals that twenty two (22) billion naira loan was obtained by this administration in 2011, and sixty one (61) billion naira obtained in 2012. The government further seeks the approval of eighty one (81) billion naira loan for the coming 2013. These figures do not include the forty five (45) Billion naira loan obtained from Zenith Bank using the Local Government Area Allocations, as collateral.
If the State House of Assembly approves the budget, with the requested 81 billion naira loan for 2013, Imo would have taken a total of 211 Billion Naira loan in 2years of Rescue Mission administration."


http://www.imostateblog.com/2012/12/16/mortgaging-the-future-of-imo-children-dr-kelechi-okpalake/#sthash.6XRK9ZBn.dpuf


These are schools where the money was spent in Owerre

http://www.riversstatenews.com/governor-rochas-declare-state-of-emergency-in-state-public-schools/

Re: What Has Rochas Done With The 211Billion Loan+Federal Allocation+13% Derivation? by bestviewer: 6:48pm On Oct 07, 2013
"The Revenue Mobilization and Fiscal Allocation Commission [RMFAC] earlier this month raised alarm on the debt burden of some states in the Federation. The National Assembly has also raised the same alarm.
The Imo State Government has severally said that she has no loans taken since the inception if this administration. But during the budget presentation, for the 2013 budget, it became clear that Imo State government is heavily indebted.
The budget reveals that twenty two (22) billion naira loan was obtained by this administration in 2011, and sixty one (61) billion naira obtained in 2012. The government further seeks the approval of eighty one (81) billion naira loan for the coming 2013. These figures do not include the forty five (45) Billion naira loan obtained from Zenith Bank using the Local Government Area Allocations, as collateral.
If the State House of Assembly approves the budget, with the requested 81 billion naira loan for 2013, Imo would have taken a total of 211 Billion Naira loan in 2years of Rescue Mission administration."


http://www.imostateblog.com/2012/12/16/mortgaging-the-future-of-imo-children-dr-kelechi-okpalake/#sthash.6XRK9ZBn.dpuf


This is where the money was expended.



http://www.betterplace.org/en/projects/8184-construct-two-classrooms-for-group-schools-eziama

Re: What Has Rochas Done With The 211Billion Loan+Federal Allocation+13% Derivation? by bestviewer: 6:51pm On Oct 07, 2013
"The Revenue Mobilization and Fiscal Allocation Commission [RMFAC] earlier this month raised alarm on the debt burden of some states in the Federation. The National Assembly has also raised the same alarm.
The Imo State Government has severally said that she has no loans taken since the inception if this administration. But during the budget presentation, for the 2013 budget, it became clear that Imo State government is heavily indebted.
The budget reveals that twenty two (22) billion naira loan was obtained by this administration in 2011, and sixty one (61) billion naira obtained in 2012. The government further seeks the approval of eighty one (81) billion naira loan for the coming 2013. These figures do not include the forty five (45) Billion naira loan obtained from Zenith Bank using the Local Government Area Allocations, as collateral.
If the State House of Assembly approves the budget, with the requested 81 billion naira loan for 2013, Imo would have taken a total of 211 Billion Naira loan in 2years of Rescue Mission administration."


http://www.imostateblog.com/2012/12/16/mortgaging-the-future-of-imo-children-dr-kelechi-okpalake/#sthash.6XRK9ZBn.dpuf


these are schools in imo state where the money was spent

http://www.vglobalcharities.org/photo_gallery.php

Re: What Has Rochas Done With The 211Billion Loan+Federal Allocation+13% Derivation? by bestviewer: 6:52pm On Oct 07, 2013
Just a min, am downloading more pictures for you.. cool
Re: What Has Rochas Done With The 211Billion Loan+Federal Allocation+13% Derivation? by Nobody: 6:52pm On Oct 07, 2013
Freiburger:
See ya moup grin
After chopping the billions, i go still dey see that kind of slums abi? we need to adjust that mentality o. abi you neva hear wise people dey say if one man rich for street wey everybody poor, na poor man him sef still be?
Pesin wey chop billions,wetin im dey find for slums again? Levels don change be dat nau! Na to go Banana island or Lekki go live large. Omo no dulling o! grin
Re: What Has Rochas Done With The 211Billion Loan+Federal Allocation+13% Derivation? by bestviewer: 6:53pm On Oct 07, 2013
Freiburger:
See ya moup grin
After chopping the billions, i go still dey see that kind of slums abi? we need to adjust that mentality o. abi you neva hear wise people dey say if one man rich for street wey everybody poor, na poor man him sef still be?


See for yourself and judge!
Re: What Has Rochas Done With The 211Billion Loan+Federal Allocation+13% Derivation? by bestviewer: 6:55pm On Oct 07, 2013
berem: Pesin wey chop billions,wetin im dey find for slums again? Levels don change be dat nau! Na to go Banana island or Lekki go live large. Omo no dulling o! grin


You no say rochas get over weight wife and all his daughters are equally over weight. Do you know how many bags of rice those girls eat in a week? Meat na cow dem go dey kill for them every month! cool
Re: What Has Rochas Done With The 211Billion Loan+Federal Allocation+13% Derivation? by bestviewer: 6:56pm On Oct 07, 2013
This pictures download fast. I need to fire you now.. cool
Re: What Has Rochas Done With The 211Billion Loan+Federal Allocation+13% Derivation? by manny4life(m): 6:57pm On Oct 07, 2013
You neva tire grin grin grin... You get time sha, besides.... Chino, shey you no work today?
Re: What Has Rochas Done With The 211Billion Loan+Federal Allocation+13% Derivation? by Abagworo(m): 6:58pm On Oct 07, 2013
I'm enjoying this. 99% of Anambrians live outside their State because even nature is not on their side. Look at this ugly man lamenting on their condition. No wonder their girls are all over Owerri looking for where to sleep as erosion has destroyed 80% of the State.

Re: What Has Rochas Done With The 211Billion Loan+Federal Allocation+13% Derivation? by Nobody: 6:58pm On Oct 07, 2013
bestviewer: Just a min, am downloading more pictures for you.. cool
keep wasting your bandwidth in downloading the pictures of your village. The energy and time you have wasted since morning posting crappy pictures,you would have used it to download pictures of anambra state and the so called achievements of Obi. Your constant spamming of this thread with the nauseating pictures is beginning to annoy me. angry
Re: What Has Rochas Done With The 211Billion Loan+Federal Allocation+13% Derivation? by Nobody: 7:01pm On Oct 07, 2013
Freiburger:
How will that signboard tell us the conditions in that hospital for God's sake?
walkway in the hospital.

Re: What Has Rochas Done With The 211Billion Loan+Federal Allocation+13% Derivation? by Abagworo(m): 7:04pm On Oct 07, 2013
Re: What Has Rochas Done With The 211Billion Loan+Federal Allocation+13% Derivation? by Tochi3(m): 7:07pm On Oct 07, 2013
I am very disappointed with what I have seen and read on this tread. How can you Igbos support and defend shambles, be it in Imo, Anambra, Abia, and other south east states. You Igbos have totally forgotten how we came to this point. Even after all that happened to us, so the best we can do is to compare failures with failures.
Shame. Other Nigerians do not feel comfortable seeing us in other parts of Nigeria and we come here to compare shit with shit.

1 Like

Re: What Has Rochas Done With The 211Billion Loan+Federal Allocation+13% Derivation? by Abagworo(m): 7:09pm On Oct 07, 2013
Government primary School in Awka + a highbrow area in Onitsha megacity. lol! lol! lol!

Re: What Has Rochas Done With The 211Billion Loan+Federal Allocation+13% Derivation? by Abagworo(m): 7:11pm On Oct 07, 2013
Ultramodern open sewage in Awka megacity.

Re: What Has Rochas Done With The 211Billion Loan+Federal Allocation+13% Derivation? by kingbang: 7:13pm On Oct 07, 2013
Am out of this thread! At least justice has been done to it.
Re: What Has Rochas Done With The 211Billion Loan+Federal Allocation+13% Derivation? by Abagworo(m): 7:15pm On Oct 07, 2013
Ultramodern highway with 1million banks in Nnewi megacity.

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