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Nairaland Forum / Nairaland / General / Politics / 30 Billion Loan: Sanusi Comes Hard On Buhari (2605 Views)
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30 Billion Loan: Sanusi Comes Hard On Buhari by rapistomenka: 5:45pm On Dec 02, 2016 |
…Says you can’t pay back before 2019 By Chris Ochayi ABUJA – The Emir of Kano, Sanusi Lamido Sanusi, Friday, cautioned President Mohammadu Buhari against taking the $30 billion foreign loan proposed by the administration, saying there was no guarantee the loan would be repaid in the remaining two years in the life of the administration. Sanusi, who spoke at a one-day dialogue forum organised by the Savannah Centre for Diplomacy, Democracy & Development (SCDDD) supported by Ford Foundation, in Abuja, advised the government to be focus and make more investment in the economy instead of seeking for foreign loan. The Emir, who however said he was not totally against the government’s asking for foreign loan, suggested instead that, “If we can get it at concessionary it is good,” adding, “But if you want to get the money, the government should look elsewhere.” Sanusi who said “Let me make this issue clear, I will be happy if they get the loan to invest in the power sector, energy and road,” however, expressed concerned that, if the government would pay back the $30 billion in two years even though they cannot raise $2 billion after two years in office. According to him, “If we cannot raise $2 billon in two years and you want to borrow $30 billion in two years to the end of the life of the administration. The government should rather pay more attention to investment and support the private sectors to grow the economy”. “The economy that has five exchange rates can’t borrow $30 billion. They can’t lend you the $30 billion when you have five foreign exchange rates and with the current bombing of oil pipelines by the Niger Delta militants. So, on which foreign exchange rate can you get the loan?” He said the nation’s foreign exchange lacks credibility, thus federal government needed to embrace private sector investments as means to grow the economy out of recession. Sanusi emphasised that oil cannot help the nation out of the current economic situation and it would “never make Nigeria rich.” He noted that the country’s population continued to grow to over 40 million people since 2015, yet government found it hard to increase capital expenditure. Read more at: http://www.vanguardngr.com/2016/12/sanusi-cautions-buhari-30bn-loan-plan/ 3 Likes |
Re: 30 Billion Loan: Sanusi Comes Hard On Buhari by rapistomenka: 5:46pm On Dec 02, 2016 |
The scarf-tying jihadist is among the people who plunged the nation into the crisis in the first place. So he should keep his advice to himself. 7 Likes |
Re: 30 Billion Loan: Sanusi Comes Hard On Buhari by OZAOEKPE(f): 5:47pm On Dec 02, 2016 |
buhari is a curse onto mankind 11 Likes |
Re: 30 Billion Loan: Sanusi Comes Hard On Buhari by fistonati(m): 5:50pm On Dec 02, 2016 |
who are they both fooloing. JUST MEDIA GIMMICK 1 Like |
Re: 30 Billion Loan: Sanusi Comes Hard On Buhari by madridguy(m): 5:51pm On Dec 02, 2016 |
Typing...... |
Re: 30 Billion Loan: Sanusi Comes Hard On Buhari by gurunlocker: 5:52pm On Dec 02, 2016 |
Patiently waiting for 2019.... God's grace More zombie eyes would have opened by then 6 Likes |
Re: 30 Billion Loan: Sanusi Comes Hard On Buhari by Profnedu(m): 6:08pm On Dec 02, 2016 |
sanusi the President Buhari will not listen to you so save ur energy for other things because once a dullard always a dullard buhari you are a disaster 2 Likes |
Re: 30 Billion Loan: Sanusi Comes Hard On Buhari by KingsleyJohn: 6:16pm On Dec 02, 2016 |
Sanusi is not getting it, BUHARI DOES NOT PLAN ON PAYING BACK THE LOAN!!! he just want to build the railway so that history will remember him for that shekina! the way and manner the future generation survives is upto them. 1 Like |
Re: 30 Billion Loan: Sanusi Comes Hard On Buhari by CowHard: 6:18pm On Dec 02, 2016 |
Buhari may soon be standing alone like a leprous slowpoke he is 1 Like |
Re: 30 Billion Loan: Sanusi Comes Hard On Buhari by Nobody: 6:23pm On Dec 02, 2016 |
PMB is not the problem. The problem is the sycophants he surrounded himself with and the Zombies who will praise him even when he is leading Nigeria to the pit. 3 Likes |
Re: 30 Billion Loan: Sanusi Comes Hard On Buhari by Sibrah: 6:30pm On Dec 02, 2016 |
rapistomenka:When he was CBN governor, we spent average of $18bn-22bn annually in subsidizing the dollar or floating the Naira but he was busy calling Nigerians rent seeker for demanding fuel subsidy. SLS is a scam just like NOI. 1 Like |
Re: 30 Billion Loan: Sanusi Comes Hard On Buhari by ChimaAdeoye: 6:34pm On Dec 02, 2016 |
The worst thing with Buhari is that he assembled dull brains like himself to manage our economy. believing the economy can be managed simply by giving orders about who to arrest and who to overlook his loot such are Burutai Luxury Dubai homes bought by his unemployed wife 3 Likes |
Re: 30 Billion Loan: Sanusi Comes Hard On Buhari by Sibrah: 6:37pm On Dec 02, 2016 |
KingsleyJohn:Aregbesola 2.0? . . . 1 Like |
Re: 30 Billion Loan: Sanusi Comes Hard On Buhari by banki(m): 6:42pm On Dec 02, 2016 |
please how do we want the government to fund the budget? he wants to sell una say don't sell he wants to borrow una say don't borrow he goes after looters ua sa he is one ided he is wiked he is blah blah infact some of you go and protest he recovers loot judges don't prosecute offenders he arrests corrupt judges... una vex for now our mainstay is oil and gas... militants keep blowing pipelines una say he should go and beg militants he bans importation of some commodities so we can produce in Nigeria more na vex lets keep vexing 1 Like 1 Share |
Re: 30 Billion Loan: Sanusi Comes Hard On Buhari by Nobody: 6:57pm On Dec 02, 2016 |
ITS A HUMBLE ADVICE AND I AGREE WITH HIM. 1 Like |
Re: 30 Billion Loan: Sanusi Comes Hard On Buhari by mrvitalis(m): 7:03pm On Dec 02, 2016 |
banki:Seriously i wonder what they want... Honestly if am Buhari i would have left foolish Nigerians jor Ignorance of Nigerians stink, they don't even know there problems If u ask anyone of them what is Buhari doing wrong non will give u a meaningful answer What sanusi is saying is it not what the vice president explained yesterday?? Or his just looking for attention 1 Like |
Re: 30 Billion Loan: Sanusi Comes Hard On Buhari by Sibrah: 7:15pm On Dec 02, 2016 |
mrvitalis:Have you notice certain posters who loudly and vigorously justify Osun state governor's heavy borrowing for not so important infrastructures but are silent about Buhari attempt to borrow for critical infrastructure? People like johnnyessence? 2 Likes |
Re: 30 Billion Loan: Sanusi Comes Hard On Buhari by Sibrah: 7:23pm On Dec 02, 2016 |
banki:God bless you. Ask those people opposing blindly what did Jonathan or OBJ do to generate fund even with excess fund as capital. They start abusing you. 1 Like |
Re: 30 Billion Loan: Sanusi Comes Hard On Buhari by MadamExcellency: 7:26pm On Dec 02, 2016 |
mrvitalis: He should resign for someone like Babangida (as bad as he was) to lead Nigeria out of recession just like in 1985. Buhari's body language is aggressively anti any development led by private sector hence he will continue sinking the country into abyss. Buhari's administration is now forcing ladies into self-induced menopause because of the unbearable and unaffordable cost of sanitary pad for their monthly circle. What a wicked government! 1 Like |
Re: 30 Billion Loan: Sanusi Comes Hard On Buhari by Sibrah: 7:30pm On Dec 02, 2016 |
MadamExcellency:How did IBB lead us out of recession please? 1 Like |
Re: 30 Billion Loan: Sanusi Comes Hard On Buhari by mrvitalis(m): 7:30pm On Dec 02, 2016 |
MadamExcellency: Why can't someone start producing it here since it is expensive now. . That will create job and save us forex... Ibb solved nothing, we are were still an importing nation since then to now.. . We need to start producing our own and this is the only way to do it |
Re: 30 Billion Loan: Sanusi Comes Hard On Buhari by dunkem21(m): 7:33pm On Dec 02, 2016 |
MadamExcellency: Chai |
Re: 30 Billion Loan: Sanusi Comes Hard On Buhari by Nobody: 7:33pm On Dec 02, 2016 |
PMB needs the 30 billion dollars for 2019 election. " Make una dey der dey sleep" 1 Like |
Re: 30 Billion Loan: Sanusi Comes Hard On Buhari by MadamExcellency: 7:36pm On Dec 02, 2016 |
mrvitalis: Enough of all these rubbish excuses. He should resign for someone like Babangida (as bad as he was) or anybody that has the vision to lead Nigeria out of recession just like in 1985 after he messed up the system. Market can't trust Buhari. Under his watch we now have four different foreign exchange rates. Which one will he use to facilitate the loan? Buhari's body language is aggressively anti any development led by private sector hence he will continue sinking the country into abyss. Buhari's administration is now forcing ladies into self-induced menopause because of the unbearable and unaffordable cost of sanitary pad for their monthly circle. What a wicked government! 1 Like |
Re: 30 Billion Loan: Sanusi Comes Hard On Buhari by Sibrah: 7:43pm On Dec 02, 2016 |
MadamExcellency: banki: |
Re: 30 Billion Loan: Sanusi Comes Hard On Buhari by Nobody: 7:45pm On Dec 02, 2016 |
Buhari: The blind dog on a wronq path... Carry On |
Re: 30 Billion Loan: Sanusi Comes Hard On Buhari by dunkem21(m): 7:49pm On Dec 02, 2016 |
MadamExcellency: It's actually FIVE exchange rates.. They used TSA to kill banks and snuffed the private sector of cash to grow the economy(These days if EFCC see plenty cash in your account, your own don be). OK, after the numerous travels to foreign countries.. which one of them have come to Nigeria to invest? Zombies will ask you to give advice as if he would take it. I am tired of wailing joor, that's why the Emir took the microphone. 1 Like |
Re: 30 Billion Loan: Sanusi Comes Hard On Buhari by Nobody: 7:53pm On Dec 02, 2016 |
Whatever drugs Sanusi is taking, someone needs to send some to our NL zombies They need to be cured too 1 Like |
Re: 30 Billion Loan: Sanusi Comes Hard On Buhari by dunkem21(m): 7:54pm On Dec 02, 2016 |
From day 1, I have urged the FG to dialogue with the militants. . No way.. OK, fight them to a standstill.. Who sai.. Una dey find who go talk make una come harass family members |
Re: 30 Billion Loan: Sanusi Comes Hard On Buhari by Nobody: 7:56pm On Dec 02, 2016 |
OZAOEKPE:orremuss |
Re: 30 Billion Loan: Sanusi Comes Hard On Buhari by timsTNA: 7:57pm On Dec 02, 2016 |
Anti corruption war my ass |
Re: 30 Billion Loan: Sanusi Comes Hard On Buhari by TimeManager(m): 8:02pm On Dec 02, 2016 |
MadamExcellency:My 2yr old cousin just had a good laugh at you... Gaskiya! Kiss the truth! |
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