HzRF:
Ntor He pain am

Whynotthetruth:


Some of these guys are terribly empty...instead of backing out he keeps saying same trash in different ways without shame...nawa

Alphaoscar:




You have been hammering over this sovereign wealth fund as if it is a FG's sole property. FYI, no President can't take out of that money without giving the states their own share. Go and read about that sovereign wealth fund get the hell outa my mentions.

HzRF:

Dey keep hating buh wen barcanista drops dey all gather to tap from his wisdom

Barcanista oko iya won (their mum's husband) been doing d President Buhari,.
D3(D Daura President) fans Lyk pepper dey do eyes

barcanista:
The guy just want to argue bro. He has even admitted that "I know FG account is not a savings account" in his last reply to me. I won't reply him again since he has already learnt something but he is still arrogant in ignorance.

Alphaoscar:




You just confirmed my assertion that most of you Tanoids are empty and ignorant vessels.

The money to be shared in that link is from the FEDERATION account which Buhari as the President have no power on because it is like a family account but Buhari was complaining about the federal government account which is empty as at the time he took over.


The foolish Ex-Minister just displayed his unclothedness in the open and all of you are towing his part ignorantly. Wait till learned people in the public sector accounting descend on his stupid life from tomorrow and you will feel sorry.

Alphaoscar:




You just confirmed my assertion that most of you Tanoids are empty and ignorant vessels.

The money to be shared in that link is from the FEDERATION account which Buhari as the President have no power on because it is like a family account but Buhari was complaining about the federal government account which is empty as at the time he took over.


The foolish Ex-Minister just displayed his unclothedness in the open and all of you are towing his part ignorantly. Wait till learned people in the public sector accounting descend on his stupid life from tomorrow and you will feel sorry.

barcanista:
I know that he's an old man and I wish to live up to his age. I also wish him good health and long life. But I am not the one that forced him to run for office. If he feels that he's too old to be criticised then he should "jejely" stepdown and return to his private life in Daura. Abi na?

Chubhie:
He raised valid issues that can not be dismissed or watered down with a wave of hand.

You either acknowledge he's a worthy opponent and making your job a lot more difficult or you draft an express refutation to counter him.

The masses needs to be enlightened heading into 2019.

Stolen:

The Daura President, u mean?

OREMUSSANCTUS:

Make una no vex
I was too busy today
Buh I still voted

Whynotthetruth:


Can you stop littering this thread with wrong spellings...what's the name of your kindergarten teacher?

Whynotthetruth:


Where's your guy nah? agarawu23 isn't he the one contesting for Mr NL?

Whynotthetruth:


Are you the state or zonal interpreter because Buhari said empty "TREASURY" ...

barcanista:
It is very clear that you are speaking out of Ignorance. Every month the FG allocates monies to MDAs, pay contractors, pay workers and also earn salaries. All these monies are drawn from the FG Account. Because most times there is shortfall in revenue or due to unforseen circumstannces, even the allocation to the FG is not always enough. Why do you think the FG had to borrow $1b dollars to fund the military last year? Why do you think the FG had to borrow to make up payment of wages and salaries? Do you think monies fall from the sky or there is a Big money somewhere? The FG exhaust every dime in the FG Account because it is meant for that purpose. You will complain if salaries are not paid. Ask Aregbesola or any governor how things are done.

As for crises/emergency, the Sovereign Wealth Fund/ECA is statutorily meant to take care of that and NOT FG share of revenue allocation. You should stop arguinng what you don't know.

The FG Account isn't for safe-keeping!

Alphaoscar:




Aaaaaah Bacarnista, stop disgracing yourself Bro.


It is good you admit all there is no dime in the federal account as at when your principal left the saddle.


And the Federal government can NOT just dip their hands into the ECA or SWF incase of emergency because that money is not solely FG's money. FYI, both ECA and SWF accounts are illegal accounts introduced by the PDP and the money in those accounts ordinarily suppose to be shared by all the tiers of government through the federation account and will still be shared according to the revenue sharing formula.



And to the bone of contention, it is financially unhealthy and a very bad practice for the government to be exhausting all the money in her account on a monthly basis . The revenue accrued to the FG from the federation account will go to the federal government account and that money is supposed to be managed and used to run the FG's programmes atleast till another revenue will be shared from the federation account.

Ezenwammadu:
President Buhari

www.nairaland.com/attachments/2550773_dullardinho_jpegf548371f5f7f07a48e3f5024e913be89

Chubhie:
He raised valid issues that can not be dismissed or watered down with a wave of hand.

You either acknowledge he's a worthy opponent and making your job a lot more difficult or you draft an express refutation to counter him.

The masses needs to be enlightened heading into 2019.

LoveMachine:
Sometimes I wonder if people want things to stay bad.

barcanista:
Cc Seun Lalasticlala and Ishilove

Alphaoscar:
It is baffling that our Tanoid friend didn't know that their is a different account where moneys belonging to the federal government and another account belonging to all the governments of (federal, states and local governments).


When Buhari said he met an empty account he was referring to the account directly under his jurisdiction, account where money for the runnings of the FG programs are kept and drawn.


Surprisingly, both the Ex-minister and his Tanoids goons claimed there is up to $30b in excess crude account, sovereign wealth fund etc which are monies primarily saved for different purposes and the FG can not withdraw from those accounts without the consents of the other tiers of the government.


The minister and his boys should rather tell us how much GEJ left in the FG's account or they should just shut up.

Mogidi:
[s][/s]

You should have sought opinions before taking on barcanista, am sure you'd have been advised otherwise.

HzRF:

Dey keep hating buh wen barcanista drops dey all gather to tap from his wisdom

Barcanista oko iya won (their mum's husband) been doing d President Buhari,.
D3(D Daura President) fans Lyk pepper dey do eyes

dustmalik:
Here are links to some of the publications of the borrowed money by FG to pay salaries. If they had all that money, how come they borrowed to pay salaries? They were all published on the 6th of May 2015:

http://www.premiumtimesng.com/business/182543-nigerian-govt-borrowing-billions-to-pay-salaries-okonjo-iweala.html

http://www.pmnewsnigeria.com/2015/05/06/fg-borrows-n473bn-to-pay-salaries-okonjo-iweala/

http://www.vanguardngr.com/2015/05/nigeria-borrows-to-pay-salaries-with-cash-crunch-worsening/

http://www.aljazeera.com/news/2015/05/150506055148505.html

Okonjo Iweala made the revelation on the 6 May 2015. So, the question is, how come, all of a sudden, they are claiming that they left $30billion and another $2billion in the government coffers?

papoose999:
boom I lyk d part of D3....badt guy

Menace2Society:
Same question here!those muppets want it bad cos they wanna proof a point!Na laugh

barcanista:
The guy just want to argue bro. He has even admitted that "I know FG account is not a savings account" in his last reply to me. I won't reply him again since he has already learnt something but he is still arrogant in ignorance.