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How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law (8734 Views)

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Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by Benrosaria(m): 10:29am On Jan 11, 2023
nlfpmod:


Source: https://www.premiumtimesng.com/business/business-news/573152-how-cbn-loans-to-buhari-govt-climbed-2900-in-seven-years-in-violation-of-law.html


If anyone coming in as the president of nigeria don't have a mind strategy of controlling birth rate and death rate then that one isn't ready to move nigeria forward.

The condition of anyone with such strategy is

No marital status
No offspring
No educational status
Non religious

Gbam

2 Likes 2 Shares

Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by Lincton: 10:31am On Jan 11, 2023
Analysts say all requirements of that legislation have been breached by the CBN under Godwin Emefiele and Finance Minister Zainab Ahmed.

Imagine that...

1 Like

Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by Mexyz(m): 10:32am On Jan 11, 2023
Buhari really destroyed us as a Nation, just take a look at the insane rise of the debt.

5 Likes

Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by TheGoodJoe(m): 10:33am On Jan 11, 2023
Some people are still gathering to vote APC. My people those voting these same people are the true problems of the country.

6 Likes 1 Share

Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by Splitmind: 10:34am On Jan 11, 2023
You can not violate any law when you are commander in chief.
Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by Johnrake69: 10:34am On Jan 11, 2023
They kept borrowing while same time stealing more than 75% of our oil revenue.

4 Likes 1 Share

Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by Ferdinandu(m): 10:35am On Jan 11, 2023
Next time we will learn our lesson in electing a dumb ass whose only qualification is knowing how to cock a gun and shoot. Imagine elecing someone who scored F9 in O level mathematics meaning he couldn't answer a single question out of a possible 12 to 20 questions. This is the dumb ass you entrusted your economy and expecting a miracle. Most of you should be thanking God that you still see a meal a day to eat at this moment

6 Likes 1 Share

Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by Agbegbaorogboye: 10:37am On Jan 11, 2023
nlfpmod:


Source: https://www.premiumtimesng.com/business/business-news/573152-how-cbn-loans-to-buhari-govt-climbed-2900-in-seven-years-in-violation-of-law.html
Lol. As Bubu don dey comot, all the katakata that happened under him will start to be exposed.
This is just a tip of the iceberg. Yet guyman was pontificating yesterday in Yobe about how clean he is, presumptively accusing some people of trying to blackmail him.
He never see anything yet!

3 Likes

Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by lexy2014: 10:39am On Jan 11, 2023

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Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by nedu666: 10:39am On Jan 11, 2023
U got the cbn to print 23 trillion naira.
U did not bother to notify the senate for 7 and half years
U did not send any appropriation bill on how u will spend the money
After 7 years and spending the money u now want to convert it to loan. I can bet that this money was looted not spent

7 Likes 1 Share

Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by lexy2014: 10:40am On Jan 11, 2023
Splitmind:
You can not violate any law when you are commander in chief.

according to which law?

are you admitting that buhari violated the law?

1 Like

Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by Dbegining: 10:40am On Jan 11, 2023
Funny enough, I can't find any pro APC person on this thread

5 Likes 1 Share

Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by benqo01(m): 10:41am On Jan 11, 2023
AND ONE FOOL IS HERE RALLYING AROUND APC......MAY THUNDER LOCATE U

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Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by Splitmind: 10:42am On Jan 11, 2023
lexy2014:


according to which law?

are you admitting that buhari violated the law?

As president His excellency Muhammadu Buhari has control over all arms of law enforcement meaning the law can never and will never be applied to him. Better get that right now.

1 Like

Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by Akaimmanuel(m): 10:42am On Jan 11, 2023
this is where Tinubu intends to Continue From!

2 Likes

Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by AkpaMgbor(m): 10:44am On Jan 11, 2023
Ferdinandu:
Next time we will learn our lesson in electing a dumb ass whose only qualification is knowing how to cock a gun and shoot. Imagine elecing someone who scored F9 in O level mathematics meaning he couldn't answer a single question out of a possible 12 to 20 questions. This is the dumb ass you entrusted your economy and expecting a miracle. Most of you should be thanking God that you still see a meal a day to eat at this moment
The greatest mystery is that the dumbo was voted in by professors and academcians from all walks of life. Had a zoom interview with company in Nigeria some weeks ago and these guys virtually wanted me to work in the capacity of an electrical engineer, a civil engineer, an architect and an HSE personel all in one (I kid you not). But they voted in a man with a questionable O level certification. I don't take the Nigerian voter serious anymore.

4 Likes

Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by ITbomb(m): 10:44am On Jan 11, 2023
Person wey collect loan to buy form contest elections, what do you expect

2 Likes

Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by michoim(m): 10:48am On Jan 11, 2023
The borrowings was caused mainly by Niger Delta avengers during their 2 years operation 'Zero economy' when they crippled oil production. It is also caused by Corona virus and the fall in crude oil price globally then. Also the need for external borrowings for critical infrastructural development was their...as well as jumbo crude oil theft

1 Like

Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by nedekid: 10:56am On Jan 11, 2023
michoim:
The borrowings was caused mainly by Niger Delta avengers during their 2 years operation 'Zero economy' when they crippled oil production. It is also caused by Corona virus and the fall in crude oil price globally then. Also the need for external borrowings for critical infrastructural development was their...as well as jumbo crude oil theft
Funny you. Still finding excuses.
Anyway, your excuses does not stop eg their kids schooling in the best universities abroad while ordinary Nigerians have to battle with strikes and half baked education.


https://www.youtube.com/watch?v=ZkqxRsOFYDg
Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by Nobody: 10:57am On Jan 11, 2023
michoim:
The borrowings was caused mainly by Niger Delta avengers during their 2 years operation 'Zero economy' when they crippled oil production. It is also caused by Corona virus and the fall in crude oil price globally then. Also the need for external borrowings for critical infrastructural development was their...as well as jumbo crude oil theft

True, but APC should have developed countermeasures...like diversificaiton, and also improving security.

Modifed

Anyone thinking that this my comment implied support for APC is really really slow.

APC should have removed subsides from day 1, diversified the economy and improved security. it is what they were voted for, not to pretend things were cheap, and borrow more.
Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by Enyimbamercedes: 10:58am On Jan 11, 2023
The President violated the constitution… what is the consequence? Surely it cannot be making noise everywhere!

Rubber stamps making noise

1 Like

Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by nedu666: 11:05am On Jan 11, 2023
michoim:
The borrowings was caused mainly by Niger Delta avengers during their 2 years operation 'Zero economy' when they crippled oil production. It is also caused by Corona virus and the fall in crude oil price globally then. Also the need for external borrowings for critical infrastructural development was their...as well as jumbo crude oil theft


If ur president is honest, he ought to inform the senate b4 borrowing it and tell them wat it is to used for. But he did not, the cbn also choose to hide it. Then to avoid nigerians accusing him of stealing 23 trillion. He decides to inform the senate that he is converting it to a 40year loan.
Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by Agbegbaorogboye: 11:07am On Jan 11, 2023
lexy2014:


, i thought you said that PDP was corrupt? what do we have here?
You will never see the corrupt rat here

Next thing it'll tell you a good Nigeria is what it's after while praising and supporting those who are destroying the country

2 Likes

Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by IbeOkehie: 11:10am On Jan 11, 2023
AkpaMgbor:

The greatest mystery is that the dumbo was voted in by professors and academcians from all walks of life. But they voted in a man with a questionable O level certification. I don't take the Nigerian voter serious anymore.

That is also my take on the situation. Nigerians voted for a party whose leaders claimed that fuel subsidy didn't exist!

No surprise APC got into government and just ordered the CBN to print money for them to spend.

I've been repeating it...that Nigerians got exactly the government they deserve. I won't be surprised if APC wins the Presidency in the coming elections.

Nigerians don't do logic or facts. Nigerians are a very special people.

2 Likes

Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by lexy2014: 11:10am On Jan 11, 2023
Splitmind:


As president His excellency Muhammadu Buhari has control over all arms of law enforcement meaning the law can never and will never be applied to him. Better get that right now.

according to which law?

are you admitting that buhari violated the law?
Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by gare(f): 11:12am On Jan 11, 2023
nlfpmod:


Source: https://www.premiumtimesng.com/business/business-news/573152-how-cbn-loans-to-buhari-govt-climbed-2900-in-seven-years-in-violation-of-law.html

I believe this is printing of currency by CBN, which has led to the inflation currently experienced in the country, the government should just reconcile this money with proofs but physical verifications of what the money was used for, you will be shock at what they will list.

1 Like

Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by orisa37: 11:12am On Jan 11, 2023
FULANI HERDSMEN ARE TERRORISTS AND BUHARI IS BEHIND THEM BY CHRISTANA AMANPOUR CNN.
EMEFIELE IS ALSO A TERRORIST. THE TWO SYNC.

1 Like

Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by Agbegbaorogboye: 11:17am On Jan 11, 2023
nedu666:
U got the cbn to print 23 trillion naira.
U did not bother to notify the senate for 7 and half years
U did not send any appropriation bill on how u will spend the money
After 7 years and spending the money u now want to convert it to loan. I can bet that this money was looted not spent
You see the confusion abi?
You want to convert a loan to a loan. Only exists in buharinomics.
The plan is to make Nass willing accomplices in the malady. If the fat rubber stamp had his way, the deed would have been done.
Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by 2023NaijaVoter: 11:20am On Jan 11, 2023
Hmmm, peepo seem to be surviving just well. All this talk of hunger and suffering in the land is b.s. wink

Cook In Your Kitchen, Take Pictures And Post It Here. SIMPLE! - Food - Nairaland circa 2012 -2023

https://www.nairaland.com/1122902/cook-kitchen-take-pictures-post
Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by Agbegbaorogboye: 11:21am On Jan 11, 2023
Splitmind:


As president His excellency Muhammadu Buhari has control over all arms of law enforcement meaning the law can never and will never be applied to him. Better get that right now.
But he can be impeached for breaking the law right?
Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by abokimallam: 11:24am On Jan 11, 2023
Why are we Nigerians bleating over the obvious damage to our economy by the politician , masquerading as CBN Governor, Mr Emefiele, as if we don’t know what to do. It is the duty of the National Assembly to impeach the CBN Governor if he broke the law establishing the CBN.The constitution gives them the power. If the National Assembly fails to do that, then they are accomplices, perhaps because he gives them dollars behind the door.
Let the National Assembly impeach Mr Emefiele, because the President doesn’t have that power.

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