tempest01:
The South south that will finance most of the loan repayment is not adequately captured in it. Only East west road that has been a conduit for siphoning money since the days of SUREP. How did the loan application pass the Senate?


A certain region is cornering all the funds. From ECA, abachas loot, etc. And now taking huge loans for white elephant projects skewed to one region.


Why is no one talking or acting? Is it till oil price goes down that we know we don't have to waste and embezzle funds?

The ECA moved from billions to hundreds of millions. Where did all the money go? Where is the Abacha loot? Why is the chief law head using lawyers he ends up paying millions of dollars for consultation? Questions are not being asked. People are not taking a stand for what is right.

Eteka1:
Mumu people. Who has ever asked States or Geopolitical Zones to pay a debt owed by Federal Government before?

SoNature:


The South South has the power to change the destiny of this country for good.

I don't understand why people of that region have refused to act

Patrioticman007:
What a bunch of meddlesome interlopers & rabble rousers, are they not aware that Nigerian Government has cancelled the loan application yesterday due to the Covid 19 economic down turn ?. As a busy body you need to be current.

See their ipobian piglets followers clicking likes for misinformation & fake news. Do Google facts before you post rubbish.

Patrioticman007:
What a bunch of meddlesome interlopers & rabble rousers, are they not aware that Nigerian Government has cancelled the loan application yesterday due to the Covid 19 economic down turn ?. As a busy body you need to be current.

See their ipobian piglets followers clicking likes for misinformation & fake news. Do Google facts before you post rubbish.

Asuito7:
where are you from if I may ask? Because what you just wrote here is a fact that only a few and minute number of Nigerians know it. Even the owners of the oil wells in Nigeria(south south) don't know it. I am so much in love with your comment because you spoke my mind with what I thought I am the only one that knows it.

tatatar:
Enemies of the nation

ebuka4star:


Are you myopic or just foolish? Your English teacher, need to refund His/Her Salary because its product(You) cannot understand simply comprehension. the letter was Written when ? and FG cancels the Loan when?. Your type is the reason Tinubu/ Northern Slaves(Yoruba stooge to Northern Caliphate) drinks Kunu on your head irrespective of your noise-making of education in an empty stomach. Grow Up, Read the History. Igbos have all the right to despise the Yorubs base on Awolowo Betrayal.

anonimi:


Excellent move before barawo bubu & co vamoose all the money like they did with Abacha in their PTF looters' gang.


www.nairaland.com/attachments/3040085_abachaaa_jpegb9b6ace1c002846314b86b3375f466a0



www.nairaland.com/attachments/3441929_img20160227001458_jpeg3fecf627d6b5447631b348f011e59b5a

OkoroBufo:
How much is potor region contributing to the federation?.. when we tell them they're 5th class citizens, they'd start rolling on the floor in anger.

-Okoro Bufo

Noerection:
Ibo thugs

heed101:
Oil producing country borrowing to finance capital projects. My problem is not the loan but different shell companies that will be floated to siphon funds through contract awards. Project will be abandoned and children of the masses will be made to service debt through bogus tax arrangement. Nigeria should wake up.

Urchman200:
so how did they intend to repay fool ?is it from cow rearing?

Sonnobax15:
I've never been tribalistic and never ever will i be tribalistic,but as an urhobo,i'll really want to commend this "igbo group"...so long it's all about the betterment of their people's lives,its a good move.

IWTBAB:

on point.
na exactly dis same amount diezani and her fellow criminals steal from our country o, just few people. dis stupid people no see anytin talk abt dat. 22 billion usa dollars

i wonder how Nigerians go vote out d ebele buffon if dis money diezani and her fellow thieves steal n run away is used in making our nation move forward , wetin we go need d loan for.
una no fit accuse diezani lailai because of una 'na one of us mentality'
no mind dem trouble finders .dem illiterates dem. i tink say na zoo dem dey call Naija na. where dem dey wen ebele , diezani etc dey steal dem future blindly n still tell dem say stealing is not corruption. anuofias dem.

ZUBY77:


So why take loan to favour 5 zones when 6 zones will eventually pay for it?

NigeriaBam:
The Chinese should bear it in mind that once that loan is given to Nigeria, in the nearest future after Nigeria's breakup, the igbos won't repay a loan they didn't benefit from. Nobody does that.

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SoNature:


South East

I am glad we are on the same page

FrLukas:
But what concerns them with Nigeria now?

Isn't Biafra different from Nigeria?

Ayam not understanding again.

It's just like Ghana petitioning China not to loan Nigeria money.

Urchman200:
so how did they intend to repay fool ?is it from cow rearing?

Patrioticman007:


Your mumu never do ?. Its pertinent to note, in any democratically elected government, the majority will have their way, while the minority will have their say, (you, the 5%).
Do you think the international community is like your ogogoro age group system, where there are no government ?. You must be a product exam malpractice to think that a letter from touts, will be recognised by any government.

Eteka1:
don't be such a slowpoke, go and research.

Eteka1:
Mumu people. Who has ever asked States or Geopolitical Zones to pay a debt owed by Federal Government before?

SoNature:


Aturu

FrLukas:
But what concerns them with Nigeria now?

Isn't Biafra different from Nigeria?

Ayam not understanding again.

It's just like Ghana petitioning China not to loan Nigeria money.

Noerection:
Ibo thugs