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Nairaland Forum / Nairaland / General / Politics / Senate Rejects Buhari’s Request To Borrow $30bn (30194 Views)
Ezekwesili Reacts To Buhari's Request To World Bank To Focus On Northern Nigeria / FFK Reacts To Buhari's Request To World Bank To Focus On Northern Nigeria / Presidency Reacts To Senate’s Rejection Of Buhari’s Plan To Borrow $30bn (2) (3) (4)
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Re: Senate Rejects Buhari’s Request To Borrow $30bn by Jesusloveyou: 11:49am On Nov 01, 2016 |
Largas:I am not surprised you speak from both side of your mouth, that is hypocrisy in the highest order, You IPods complains of lack of infrastructural development, and also complain of not revamping the dead economy, don't you know this is the simplest way to fulfill your complains, iPods sef? With their dead brain, they are even celebrating their failure, We should all enjoy it together, don't wail again 13 Likes 2 Shares |
Re: Senate Rejects Buhari’s Request To Borrow $30bn by DONSMITH123(m): 11:50am On Nov 01, 2016 |
seunmsg: then they should stop using it to defraud us. Boys are no longer smiling. |
Re: Senate Rejects Buhari’s Request To Borrow $30bn by Blue3k(m): 11:54am On Nov 01, 2016 |
Why let a guy with no economic plan borrow money? http://www.vanguardngr.com/2016/10/world-bank-imf-put-pressure-buhari-come-economic-blueprint/ 17 Likes 2 Shares |
Re: Senate Rejects Buhari’s Request To Borrow $30bn by OnucheAdams: 11:55am On Nov 01, 2016 |
seunmsg: I disagree; you can actually diversify the economy by concessioning out Government owned assets such as oil filed and roads. In the case of the oil and gas industry no deal of significance has taken place in the upstream space simply because Buhari has made the sector unattractive to investors, by refusing to heed to Kachickwu's call to transmute the existing Joint Ventures with the IOC's into Incorporated Joint Ventures replica of NNLG. A recession affords entrepreneurs and policy makers the opportunity to innovate new solutions to society's problems; returning back to the IMF/World Bank for solutions IMHO amounts to hollow thinking in my opinion.... 29 Likes 2 Shares |
Re: Senate Rejects Buhari’s Request To Borrow $30bn by DONSMITH123(m): 11:58am On Nov 01, 2016 |
Blue3k: allow them to keep deceiving themselves. 7 Likes |
Re: Senate Rejects Buhari’s Request To Borrow $30bn by Mynd44: 11:59am On Nov 01, 2016 |
Re: Senate Rejects Buhari’s Request To Borrow $30bn by PentiumProf: 11:59am On Nov 01, 2016 |
For once the zoogerian senate did the right thing Yeeeeeeeah 19 Likes |
Re: Senate Rejects Buhari’s Request To Borrow $30bn by OsusuMustFlow(f): 12:01pm On Nov 01, 2016 |
lalasticlala |
Re: Senate Rejects Buhari’s Request To Borrow $30bn by OsusuMustFlow(f): 12:01pm On Nov 01, 2016 |
PentiumProf: gbam 11 Likes |
Re: Senate Rejects Buhari’s Request To Borrow $30bn by shaddoww: 12:01pm On Nov 01, 2016 |
Largas: Diversify into what exactly n which sector doesn't require investment in infrastructure before growth can be recorded? 4 Likes 1 Share |
Re: Senate Rejects Buhari’s Request To Borrow $30bn by seunmsg(m): 12:28pm On Nov 01, 2016 |
OnucheAdams: Maybe you have a different definition of diversification but according to my own understanding, it entails moving away from solely relying on a particular sector (oil) for generating revenue, majorly forex for the country. Concessioning oil fields that are operated by private oil firms will not lead to diversification. Again, government cannot concession all the federal roads in the country. You and I will never accept a situation where we have to pay toll fee for every federal road that we drive on. Lagos state's experience from concessioning the Lekki/Ajah road is public knowledge. Diversification involves opening up other sectors of the economy and making them very productive revenue earners. Sectors such as agriculture, manufacturing and mining are areas that we can look towards. Without good power supply, a working rail transport system and great road network, can we achieve anything in these sectors? That is why the projects that were proposed in the loan document are key to diversification. Without these critical infrastructure in place, diversification can never happen. 12 Likes 3 Shares |
Re: Senate Rejects Buhari’s Request To Borrow $30bn by mashin(m): 12:29pm On Nov 01, 2016 |
We shall all experience the pains of the rejection, as lack of funds to execute the budget continues, so long the senate has no money to siphon courtesy of Buhari's anti corruption stance, the senate will continue to frustrate the executive at the detriment of the poor who are now hailing the senate, more sufferings on the way. 4 Likes 1 Share |
Re: Senate Rejects Buhari’s Request To Borrow $30bn by SAHACO(m): 12:29pm On Nov 01, 2016 |
5% at work 3 Likes |
Re: Senate Rejects Buhari’s Request To Borrow $30bn by 989900D: 12:30pm On Nov 01, 2016 |
Largas: 3 Likes |
Re: Senate Rejects Buhari’s Request To Borrow $30bn by 989900D: 12:35pm On Nov 01, 2016 |
1. They want to be settled -- believe it or not. #fact 2. Without the loan, or near $100 oil -- the people are in for a 'massive-massive' long period of pain; not until say maybe late or mid 2018, or late 2019. Hold on tight to something solid y'all, it's gon' be a long rough ride. 5 Likes 2 Shares |
Re: Senate Rejects Buhari’s Request To Borrow $30bn by Nobody: 12:35pm On Nov 01, 2016 |
EFCC & SSS go soon start evangelism. 8 Likes |
Re: Senate Rejects Buhari’s Request To Borrow $30bn by deebrain(m): 12:36pm On Nov 01, 2016 |
11 Likes |
Re: Senate Rejects Buhari’s Request To Borrow $30bn by johnaruson(m): 12:39pm On Nov 01, 2016 |
love that 5 Likes |
Re: Senate Rejects Buhari’s Request To Borrow $30bn by 4nobody4every1: 12:39pm On Nov 01, 2016 |
Keneking:Hian, you again, where is my whip 2 Likes
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Re: Senate Rejects Buhari’s Request To Borrow $30bn by lekzman: 12:41pm On Nov 01, 2016 |
Borrow money to do what? Theif. 7 Likes |
Re: Senate Rejects Buhari’s Request To Borrow $30bn by APCmyheart(m): 12:42pm On Nov 01, 2016 |
seunmsg: You expect them to approve it when the president did not include them or send Ghana must go as it used to be in the past. 2 Likes |
Re: Senate Rejects Buhari’s Request To Borrow $30bn by kcnwaigbo: 12:43pm On Nov 01, 2016 |
unclezuma:The Senate will simply amend the EFCC and SSS act and place them under the control of the NASS 16 Likes |
Re: Senate Rejects Buhari’s Request To Borrow $30bn by Ratello: 12:43pm On Nov 01, 2016 |
Clerverly:Is this from your heart? 1 Like |
Re: Senate Rejects Buhari’s Request To Borrow $30bn by seunmsg(m): 12:43pm On Nov 01, 2016 |
989900D: Today's rejection is just a temporary setback. The president and the senate leadership will meet and reach a consensus on the matter. The proposed infrastructures are key to the diversification of the economy and hence, the loan is inevitable. 3 Likes |
Re: Senate Rejects Buhari’s Request To Borrow $30bn by PedroJP(m): 12:43pm On Nov 01, 2016 |
2 Likes |
Re: Senate Rejects Buhari’s Request To Borrow $30bn by soloroyality(m): 12:44pm On Nov 01, 2016 |
SweetLove0: see this baby oh! calling them dubious with no reason and if hear ur mouth again ehh. 3 Likes |
Re: Senate Rejects Buhari’s Request To Borrow $30bn by Nobody: 12:44pm On Nov 01, 2016 |
kcnwaigbo: After buying new doors... 1 Like |
Re: Senate Rejects Buhari’s Request To Borrow $30bn by Inspectahdeck(m): 12:45pm On Nov 01, 2016 |
Wow see reasoning Please remember we will all suffer the consequences. clefstone: 2 Likes |
Re: Senate Rejects Buhari’s Request To Borrow $30bn by Rapuru14: 12:46pm On Nov 01, 2016 |
Jesusloveyou:Your comment lines flagrantly contradicts your moniker. Why? 6 Likes |
Re: Senate Rejects Buhari’s Request To Borrow $30bn by ephi123(f): 12:47pm On Nov 01, 2016 |
Brilliant. Very good. 1 Like |
Re: Senate Rejects Buhari’s Request To Borrow $30bn by Autino(m): 12:47pm On Nov 01, 2016 |
NA die we dey so |
Re: Senate Rejects Buhari’s Request To Borrow $30bn by maslong(m): 12:47pm On Nov 01, 2016 |
SweetLove0:e pain am 3 Likes |
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