SLIDEwaxie:
I hope u won't get hypertensive over this issue..

Buhari has shown you guys his wise side and he left you all to wallow in your smelly saliva and unnecessary rantings filling the internet..

He will provide documents that proves he secured the loan, but we all knw he is capable..

So, if he chose to collect loan, e concern u?

After all ur otuke drunkard said he had no shoes, and we saw him with a big shoe and a bowler hat!!

The legislature is planning to increase the former leaders' package from N250 million proposed in the 2010 budget to about N2 billion.
https://www.nairaland.com/376036/unbelievable-ex-nigerian-presidents-gets#5250807

idumuose:
Let me go straight to the point.

If Buhari in his lifetime couldn't secure his party's ticket without borrowing from the bank,
If Buhari has not been able to save up to N30million naira in his lifetime as;


[size=15pt]1. A former Govrrnor,

2. A former petroleum minister,

3. A former GOC(Jos armoured division)

4. A former Nigeria Head of state,

5. A form chairman PTF [/size]

then i'm afraid he is irresponsible.As a former governor,was he not paid Salary?

Buhari is a retired army general.What did he do with his gratuity? As a retired general,Buhari
Collects his pensions.

Buhari also collects pension as a former head of state.

What has he done with all the salaries and estacodes he collected?

Is he telling us he never invested his money? Did he spend his all his money in riotous living?

[size=16pt]Why did Buhari's ardent followers who profess they love him not contribute money to buy his form the same way edo people contibuted money to purchase form for Oshiomhole when he indicated interest to contest election for second term? [/size]

It is either Buhari is lying about borrowing money to buy his party's form or he is looking
for cheap publicity.

Assuming he actually borrowed money,then he is not fit to govern Nigeria.

For if Buhari couldn't save or invest his money ,how can he manage our commonwealth?

Happy days continue for former presidents
By Festus Owete
January 4, 2010

Nigeria's former presidents and heads of state who are still alive should get an even better deal from the federal government this year following plans by the National Assembly to review their monthly welfare package upwards.

The legislature is planning to increase the former leaders' package from N250 million proposed in the 2010 budget to about N2 billion.

The chairman of the House of Representatives committee on appropriation, Ayo Adeseun, disclosed this in an exclusive interview with NEXT.

The money is meant to take care of the former leaders' pension, medicare, yearly vacation abroad, offices and general maintenance. This is besides the N500,000 each of the former leaders is reportedly paid whenever they attend the Council of State meeting, which is held periodically.

Well deserved?

Only seven out of the 12 presidents and heads of states who have ruled the country are still alive. They are Yakubu Gowon (1966-1975), Olusegun Obasanjo (1975-1979 and 1999-2007), Shehu Shagari (1979-1983), Muhammadu Buhari (1983-1985), and Ibrahim Babangida (1985-1993). The others are Ernest Shonekan (Aug 1993-November 17, 1993), and Abdulsalam Abubakar (1998-1999) .

Those who have passed on are Abubakar Tafawa Balewa (prime minister), Aguiyi-Ironsi, amilitary general (Jan 1966-July 1966), Nnamdi Azikiwe (ceremonial president), Murtala Muhammed and Sani Abacha, both of who were military rulers.

Mr. Adeseun, a member of the Peoples Democratic Party (PDP) in Oyo State said the former leaders deserved better treatment because of the services they rendered to the country, adding that they will convince the executive arm during the budget defence sessions on the planned increase. The lawmaker stated that the N250 million in the 2010 budget is inadequate for the welfare of the leaders, due to the rising cost of living and other issues.

He also said that the vehicles for the former leaders are due for replacement. "Yes, I am aware of the allocation, but we think it is inadequate," he said. "We think we should review the allocation to about N2 billion, if it is the one you are talking about. This money is meant to take care of their accommodation, vehicles, medical expenses and other allowances. These are people who have served this nation and they should be properly taken care of."

Asked how the lawmakers would convince the executive on the matter, the lawmaker said "it is not for them to convince us, we will convince them. They are still coming to defend the budget and so during our interaction we will talk about it."

The welfare train

Allocations for the former leaders' welfare began in 2005, when a total of N140 million was set aside for them in that year's budget. Subsequently, the following allocations were made - N105 million (2006); N24 million (2008) and N250 million (2009). However, no allocation was made in the 2007 budget. It may have been integrated into another item under the office of the SGF.

Until 2008 when the allocation was brought under the Office of the Secretary to the Government of the Federation (SGF), it was treated under the Presidency or State House.

The emolument is different from that of the sitting president, who takes home N3.5 million annually. The president also earns various forms of allowances.

There have been many contentious issues over the welfare package and allowances of the former presidents and heads of state. For instance, several human rights activists have argued that former military leaders should not be entitled to the package because they rebelled against the Nigerian state by seizing power in military coup d'etat.

There have also been allegations that the emoluments of the former leaders is politicised by sitting governments. For instance, in November 2008, the federal government allegedly withdrew the vehicles attached to Mr. Buhari because of his role in the planned formation of a mega party by opposition figures in the country to challenge the ruling PDP. Mr. Buhari was the presidential candidate of the opposition All Nigeria Peoples Party (ANPP) in 2003 and 2007 elections.

But the Office of the SGF refuted the claim. According to Salisu Dambatta, a deputy director (information) in the office of the SGF, in a statement, "It is normal to allocate vehicles to all former presidents and replace such vehicles when the need arises. In line with that practice, General Buhari's vehicle was replaced in 2008 with a new one."

On the regularity of the payments, Mr. Dambatta said "Some of the packages are paid as and when due, while some are paid on a quarterly basis. All benefits former heads of state are treated equally. For the avoidance of doubt, government has never stopped General Buhari's pension."

A spokesperson of The Buhari Organisation (TBO), Osita Okechukwu, however told NEXT last Thursday that the Peugeot car recovered from the former head of state is yet to be returned to him.

Mr. Okechukwu, who is also the spokesperson of the opposition Conference of Nigeria Political Parties (CNPP), revealed that it was the Sani Abacha administration that gave Mr. Buhari the vehicle, noting that "even Obasanjo did not give him anything."

That N500, 000 allowance

Aside from the welfare package, each of the former leaders who are automatic members of the Council of State collects N500,000 whenever they attend the meeting.

This is included in the "Certain Political and Judicial Officer Holders (Salaries and Allowances, etc) Act" that was prepared by the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC).

The Council of State is an advisory body which meets six times a year to deliberate and take decision on crucial issues affecting the country.

Membership of the council, according to Section 153 (1)(b), paragraph 5 includes the president, who shall be chairman; the vice president, who shall be the deputy chairman and all former presidents of the federation and former heads of government.

It also includes all former chief justices of Nigeria, the president of the senate, the speaker of the House of Representatives, the 36 state governors and the Attorney General of the Federation.

http://234next.com/csp/cms/sites/Next/News/Metro/Politics/5505628-146/story.csp

hisblud:


The op is not querying his sincerity in accessing loan but in his responsibility... Is he really responsible? Check out how they raised it from N250 million to N2 billion.



Note this was posted in 2010, today is 2014 so is he telling lies?

berem:
Yet another senseless post by a hungry and snake charmer TANoid. If Buhari had bought the form with his own money,you rats will still look for something to accuse him of embezzling money.

Ndi ara!

hisblud:


The op is not querying his sincerity in accessing loan but in his responsibility... Is he really responsible? Check out how they raised it from N250 million to N2 billion.



Note this was posted in 2010, today is 2014 so is he telling lies?

tomakint:
This is Epic! Idumuose, thanks for the revelation!

AZeD1:
"For if Buhari couldn't save or invest his money ,how can he manage our commonwealth?"

The fact that Buhari took a loan doesn't mean he didn't save or invest.
You have no idea the conditions of the loan so it might have been cheaper to take a loan than to use his money.


PS: The rich spend their money while using other people's money to do business (read loans) while the poor use their money to do business and have nothing to spend.

berem:
Yet another senseless post by a hungry and snake charmer TANoid. If Buhari had bought the form with his own money,you rats will still look for something to accuse him of embezzling money.

Ndi ara!

jaytee01:
Did the report say that the whole N2 billion was given to Buhari?

jaytee01:
Did the report say that the whole N2 billion was given to Buhari?

jaytee01:
Did the report say that the whole N2 billion was given to Buhari?

Dmano:
If he like let him borow money 2 buy pant,all i care is he should allow d young one chance,if democracy was this sweet 2him why did he truncate it,if he fail again he will cry me a river,then d dog & d baboon will b soak in blood according 2 him

idumuose:

As usual the jan.jaweedian attacking the messenger instead of the message.What is Buhari doing with all the money accruing to him?

If you are his wife,won't you ask him questions?

Nwanyi ajadu,I can see that the prophecy tomakint made about will surely come to pass.

nigerianvenom:


Pls what was d prophecy about bro?
I want to know

gebest:

[b][size=14pt]The legislature is planning to increase the former leaders' package from N250 million proposed in the 2010 budget to about N2 billion. POINT OF CORRECTION, THEY SAID DEMOCRATICALLY ELECTED PRESIDENT, AND BY D WAY WHERE DID U GET DAT UR FIGURE 2BILLION FROM?

brainpower:
The day I read about this all I could think of was " I had no shoes, if I can do it then you can" and he won the 2011 election. Buhari wants to appear like a less privileged person too so as to appear on thesame level with commoners. I know men of integrity that would rather sell their property than borrow. His bullet proof cars are worth more than 27million. Looking at it from another angle, shouldn't we be scared? The banks that gave him this loan will surely want something in return, let's face facts, banks are not charity organisations especially when the man can't give them 100percent assurance of winning. The OP raised a very good question, in a developed society where political debate matter, this point alone floors the General. But as usual in nairaland, when someone makes a point that favors pdp they are called tanoid and when it favors apc they are called supporters of APC and hired people. We are deceiving ourselves, elections are not won here or even by the youths if not there won't be anything like the kingmakers or the stakeholders or godfathers.

barcanista:
idumuose you are not smart. How much is the Pension of a Fmr Leader? Do you know that it is illegal to earn double from the treasury in the name of Pension? Hence, Buhari only earn Pension as a Former Hed of State since 2010, prior to that, he was living on Military Pension only. Even as PTF boss, he refused to be paid citing his conscience won't allow him to earn twice from the same government.

Back to your nonsense, How much is this said pension? Do you expect him to use all his pension to buy form and go begging to feed himself and family? You are so daft as usual man.

Sai Buhari