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Buhari Has Squandered N8.5 Trillion In One Year - Politics - Nairaland

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Buhari Has Squandered N8.5 Trillion In One Year by UnclePati: 4:40am On Aug 04, 2016
Buhari has squandered N8.5 trillion in one year



For your information: Buhari's 1 Year + In Office.
Buhari was handed over:

- $30billion in our Foreign Reserves,

- $2.5billion Sovereign Wealth Fund,

- $1.4billion in the ECA,

- $4.65b back taxes from NLNG.

- Buhari met an approved budget of N4.5trillion

Buhari received within a year:

- $2.7billion collected by Inland Revenue in his first 8 months.

- $2.1billion world bank loan.

- $850million Grants from UK, USA and Europe.

- Excluding crude oil sales, Joint Venture profits, Royalties, Income from Customs, NIMMSA, NPA, NACHO ......

- 3 trilion Naira saved on Treasury Single Account, TSA [according to Finance Minister, Ms Adeosun]

More than a year has passed:

1] Not a kilometer of road constructed,

2] Not a watt of Electricity generated,

3] Not a Ward added to any Hospital in Nigeria.

4] Not a job space created, except the CBN job he shared with his cronies.

5] Not a grain of corn or tomato seed was provided to farmers. [Fertilizer subsidy taken away and handed back to ex-military men]

6] 41 foreign companies mostly in service industry have left Nigeria

7] 4.3 Million jobs lost in 10months - National Bureau of Statistics.

8] Food scarcity last experienced in Nigeria between 1983 to 1985 returned back.

9] War on Corruption turned into war against his perceived enemies. Convictions by EFCC were cases meticulously started by previous govt(s). Buhari wins cases only on the pages of Newspapers.

10] Nigeria dropped from No.1 Investment destination in Africa to No.27 before South Sudan.

11] African Biggest economy shrink from a GDP of about 7% to -0.36%, the fastest decline in the world since record began.

12] No.3 fastest growing economy in the world to No.83 in 365days.

Fund collected from looters: Who knows the total?

Buhari....Buhari....Buhari..

Na how many times I call u.
Anyway 2019 no far.

6 Likes

Re: Buhari Has Squandered N8.5 Trillion In One Year by cckris: 5:06am On Aug 04, 2016
Buhari imposes EXTREME HARDSHIPS on Nigerians so that no one will be strong enough to even complain.

4 Likes

Re: Buhari Has Squandered N8.5 Trillion In One Year by labamo07(m): 5:07am On Aug 04, 2016
They have come again oooooo...............
Re: Buhari Has Squandered N8.5 Trillion In One Year by olorunda68: 5:08am On Aug 04, 2016
wailing till 2019 and beyond!grin

1 Like

Re: Buhari Has Squandered N8.5 Trillion In One Year by duduade(m): 5:29am On Aug 04, 2016
Did heaven fall down??
Re: Buhari Has Squandered N8.5 Trillion In One Year by HtwoOw: 6:08am On Aug 04, 2016
Raw Bish
Re: Buhari Has Squandered N8.5 Trillion In One Year by romme2u: 6:14am On Aug 04, 2016
i am not surprised, it is their normal strategy to tell u i am the boss without anything to show for it

1 Like

Re: Buhari Has Squandered N8.5 Trillion In One Year by bokohalal(m): 6:18am On Aug 04, 2016
We all know the cavity this came out .
Re: Buhari Has Squandered N8.5 Trillion In One Year by richidinho(m): 7:00am On Aug 04, 2016
Secretly Contributed $10bn to the Organization of Islamic Council

3 Likes

Re: Buhari Has Squandered N8.5 Trillion In One Year by nzemila(m): 7:21am On Aug 04, 2016
the news must have been originated from one baseless MUGU.
Re: Buhari Has Squandered N8.5 Trillion In One Year by ba7man(m): 7:21am On Aug 04, 2016
All these news this wailers keep serving without source...... like they just pull it out of the hole in their posterior.

Even when they eventually provide a source, it's either "Biafra Herald " or "Trent online". undecided
Re: Buhari Has Squandered N8.5 Trillion In One Year by BaddieKay(f): 10:05am On Aug 04, 2016
Anyone who starts fighting d OP over his post is just the most stupid human on Earth...Being in support of Buhari's administration doesn't stop you from having a brain to think and reason.


My own annoyance is what was or how was the 2015 budget implemented. What did they use the money for? What happened to the projects under the 2015 budget?

1 Like

Re: Buhari Has Squandered N8.5 Trillion In One Year by rusep: 10:29am On Aug 04, 2016
K

Re: Buhari Has Squandered N8.5 Trillion In One Year by temptnow: 10:33am On Aug 04, 2016
Zombies will continue to suffer till 2019 then they will have sense

1 Like

Re: Buhari Has Squandered N8.5 Trillion In One Year by Abeymills(m): 11:00am On Aug 04, 2016
A very useles govt

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