raker300:
this is gon be the last time I reply you on nairaland. Read what I wrote that you're replying to.

I was talking about foreign reserves. Foreign reserves is a country's bragging rights.

You talking about borrowin, what has Buhari been jetting around the world looking for? He's been looking for loans wch most countries have refused to give. You need to be able to look the part of being able to pay back before one can borrow to you.


Don't think I don't know you man. You're the one going around putting down an entire state and its people just cos a couple of merry men are giving you a tough time. You going around igniting hate against God's people just so you can get back at a couple folks. Speaks to your character man and I want nothing to do with a man like you.

IsraeliAIRFORCE:
Go back to school to learn before quoting references without knowledge.

Government borrowed to pay salaries because the 2014 budget ended March, 2015 and 2015 budget wasn't yet signed. You forgot the same government paid fuel importers N200 billion.

$5 billion LNG royalty was still in the bank.

Abagworo:


http://www.vanguardngr.com/2015/11/fg-to-pay-oil-marketers-n413bn-subsidy-debts-as/


Marketers told Vanguard that they are being owed
about N470 billion in outstanding subsidy claims from
August 1, 2014 till date.

Lovelynature:
And the man has been going places and also silent on affairs of the nation, even when bubu and apc blame him on the slightest part of their cluelessness. That's a man of integrity.


My question is, who does Buhari blame on his cluelessness in 1984? GEJ also?

WildChild00:
What a perfect gentleman you are, we love you and missed you too.

Lovelynature:
And the man has been going places and also silent on affairs of the nation, even when bubu and apc blame him on the slightest part of their cluelessness. That's a man of integrity.


My question is, who does Buhari blame on his cluelessness in 1984? GEJ also?

Abagworo:


Biko stop spreading lies authoritatively. Thank God for Internet.

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/


The federal government has borrowed 473 billion naira to
meet up with recurrent expenditure including paying of
salaries while it is yet to release funds for capital projects.
According to Reuters, Nigeria has already used half the
borrowing allowance it has budgeted for and has not
released any funds for capital expenditure so far this year,
as lower oil prices eat into its revenues, the country’s
finance minister said on Tuesday.


“We have serious challenges,” Finance Minister Ngozi
Okonjo-Iweala said in an emailed statement. “Things have
been tough since the beginning of the year and they are
likely to remain so till the end of the year.”
The borrowed money has been spent to cover overhead,
including salaries, the minister said.
Lawmakers in Africa’s biggest economy and oil producer
last week passed a 4.49 trillion naira ($23 billion) budget
for 2015, 3.2 percent lower than last year’s spending plans.
It was forced to cut spending after global oil prices
slumped.


The budget took longer than usual getting through
parliament, worsening the cash squeeze, because of the
closely fought general elections in March, which saw
incumbent President Goodluck Jonathan defeated.
“As a result of the 50 percent decline in oil revenues, the
country has faced a difficult cash crunch … Out of the 882
billon naira budgetary provision for borrowing, the
government has borrowed 473 billion naira to meet up with
recurrent expenditure,” the finance ministry said.
Okonjo-Iweala had projected annual domestic borrowing
last year would fall to below 500 billion naira from 577
billion naira in 2013.


The borrowing requirement this year could crowd out
lending to the real economy, raising domestic interest rates
and yields on government bonds, which could hurt growth.
Forecasts for growth have already been lowered twice this
year.
The ministry said that inflation is still in single digits and
that the Nigerian economy is projected to grow by 4.8
percent this year.


Government revenues have shrunk sharply since oil sales
account for up to 80 percent of them and its currency, the
naira, has weakened drastically, despite the central bank’s
spending billions of U.S. dollars to prop it up.
The lack of funds for capital expenditure means badly
needed infrastructure development will be put on hold.
Funding for large projects such as bridges and roads had
already begun to dry up in 2014, forcing construction firms
companies with government contracts to cut back and fire
thousands of workers.

nasoweseeam:
#GEJISNOTONEXILE See the gist on Nasoweseeam.com


www.nairaland.com/attachments/3752946_politricks151_jpegbe92dd53a6c85c8e703885bf3700add7

Johnpaul2k2:
Good Heart President
I love you and Love you

Firefire:
APC and their many lies to cover their directionless Goverment continues...


APC, party of professional propagandist and career fraudsters

sheguy:
My hero.

whirlwind7:
Huh.
Thought the media said dude was lying low in Cote d'Ivoire?

Ebal:
The former president of Nigeria visited Newark to celebrate African culture and democracy.
President Goodluck Jonathan took to the podium at Newark’s City Hall Municipal Council Chamber to praise African countries who’ve taken up a more democratic approach.
“One man, one vote, one woman, one vote, one youth, one vote. I also advocate and I’m also know for preaching that my political ambition is not worth the blood of any Nigerian,” said Jonathan.

Newark Municipal Council President Mildred Crump presented Goodluck with a very special gift.
“One of the things that I love to give to people, and because I know his house, you have a lovely coffee table, I am pleased and honored to present to you the book called Newark by John Cunningham.”
Essex County College presented the former Nigerian president with a gift from one of its students.
“I’m a Nigerian, so that was like a highlight of my day for me. It’s also great to be an international student and also be able to give a gift to the president of my country on behalf of the school that has accepted me to the United States.”
Goodluck Jonathan lost his 2015 bid for re-election but was happy to see it come through a democratic process.

Source:http://ebalsblog..co.uk/2016/05/goodluck-jonathan-visits-nigerians-in.html

raker300:
Mehn, drag this man's name through the mud and he still comes out comes out clean. An angel is definitely watching over him

Another one of Sahara reporters lies busted..shame on them and the Apc

whirlwind7:
Huh.
Thought the media said dude was lying low in Cote d'Ivoire?

Lovelynature:
And the man has been going places and also silent on affairs of the nation, even when bubu and apc blame him on the slightest part of their cluelessness. That's a man of integrity.


My question is, who does Buhari blame on his cluelessness in 1984? GEJ also?