Determined to decisively tackle the menace of insurgency in the country, President Goodluck Jonathan in an urgent letter to the National Assembly has sought the approval of the lawmakers to borrow $1bn (about N169bn), in order to launch an all-out war against the terrorist sect, Boko Haram, which has wasted many lives and properties in the country.
The President who made his decision known yesterday in a letter he addressed both to the Senate President, David Mark and the Speaker of the House of Representatives, Aminu Waziri Tambuwal, explained that the money would also enable the government to engage in what he described as government to government arrangement for equipment upgrade.
In part, the president's letter reads: "You are no doubt aware of the ongoing and serious security challenges which the nation is facing as typified by the Boko-Haram terrorist threat. I would like to bring to your attention the urgent need to upgrade the equipment, training and logistic of our Armed Forces and security services to enable them to more forcefully confront this serious threat.
"For this reason, I seek the concurrence of the National Assembly for external borrowing of not more than $1 billion including government to government arrangement for this upgrade. While counting on the steadfast support of the distinguished members of the Senate as always, please accept my assurances of highest consideration."
"For this reason, I seek the concurrence of the National Assembly for external borrowing of not more than $1 billion including government to government arrangement for this upgrade. While counting on the steadfast support of the distinguished members of the Senate as always, please accept my assurances of highest consideration."
'Should the law makers grant this loan?what is your take on this?
BLOG ANALYSER: loan kwa! hian e don reach like this? They should use it properly.
ReplyDeleteThis is the most stupid presiddent of all times
DeleteEmbarrassing
DeleteAlso Check this post..
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No comment
Deletea.k.a EDWIN CHINEDU AZUBUKO said...
ReplyDelete.
Make them kuku give am so that we go knw hw fr....
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***CURRENTLY IN JUPITER***
@edDREAMZ ur comments really make me sick!!! I Went tru ur profile on FB,believe me u really need to remain in*****JUPITER*****
DeleteYou had the time to stalk him on facebook? Wow.. Now who is really sick?
DeleteI am tired of dis country already
ReplyDeleteNot 2 tired 2 load awoof credit,ole jati jati
DeleteOriegwu!!..I love Goodluck Jonathan and aunty Peshe...
ReplyDeleteYou have my vote come 2015...
Me too! :D
DeleteYou all sure this money ain't for 2015 campaign, cos you can bet your taxes that's what is paramount on their minds.
DeleteOpportunity to steal more Money.. Next pls!
ReplyDeleteJona,jona, u don d source 4 campaign moni n'est pas ? Derisgodooooo!
ReplyDeleteHe wants to tackle his bank account, campaign account and godfather account but NOT boko haram. Abeg no go collect gbese for Nigeria head oooo. Jonah! Jonah!! Jonah!!!! how many times I call you so?
ReplyDeleteMy thought exactly .i pity for ds country
DeleteI don't trust naija govt wen it comes to monetary issues. Dey will all want to remove their share and before u know it nothing will be left for original purpose. But if it will ne used for security without magomago den I see no reason y it shuldnt be approved. C'est necessaire.
ReplyDeleteThey should grant the requested loan, after all, its a small amount as compared to what they embezzle. What they do in the dark, but thats none of business.
ReplyDeleteNaawAaooo! Loan again????? For Boko Haram????? Honestly, I'm just not understanding the way and manner this govt is dishing out money! So it then means that ALL those monies given to the Defence has 'GONE' down the drain?? Mmmmm!!! Nigeria we hail thee. I sincerely pray that the House reject this letter and its contains! But yet again, its just My wish.
ReplyDeleteThis loan if granted will surely enter some private pockets. Then the poor masses will be taxed to pay back the loan. And BH will still be terrorising people still.
ReplyDeleteChaiiii! I can't even convert to Naira. Na wa oo. This country is finished. God help us. Stella, still expecting ya invitation letter oo. Ayamm leaving this country for good soonest. So help me God. *thinking*
ReplyDelete169bn kwanu?
ReplyDeleteIssorait!
President Jonathan should sign an undertaken that if after this loan, boko haram still continue their menace, he will tender his resignation.
I love you for what u just posted. Renegade says so.
DeleteGod bless you!
DeleteAnon 9:41
DeleteThanks for sharing love!
Renegade.... Reminds me of a soap I loved back then
Anon 2:02
God bless you too!
Grañted! He Has my support...prayers are not only needed, d defense of d nation needs funding especially for our dear soldiers who are risking it out there.
ReplyDeleteExternal loan? I'm not in support of that o. Is money the main reason for this government's inability to curb BH? What have they been doing with the monies allocated for defence and all. Anyway, let me read and learn.
ReplyDeleteChimeee adonbulivit Jona no lemme v a rethink about you.
ReplyDeleteAfter collecting the money, they share it amongst themselves. Uncle Jona and co. jst make sure your 2015 campaign is aggressive cos the money plenty. But please don't lie ontop boko hagoat pplAfter collecting the money, they share it amongst themselves. Uncle Jona and co. jst make sure your 2015 campaign is aggressive cos the money plenty
ReplyDeleteloan??? Is he 4 real??
ReplyDeleteBlue IvY
$1b kwa? What did they do with all the donations that came when the hashtag #bringbackourgirls was trending? They should give account of that 1st!
ReplyDeleteSeriously! I feel indifferent about it. Lemmi go and wash my hands wit soap. *washing and whistling*
ReplyDeletePresido! Presido! Presi..... Infact eh... I don't knw wat 2 say again abt dis our country. Loan 2 tackle BH? Then I guess, kenya did ask for 10 billion cos they are giving to em al shabab fire 4 fire.
ReplyDeleteOn a 2nd tot, presido, y don't u ask Kenyata aw he's managed to curb n combat insurgents in little kenya? I guess u won't ask cos stealing is different from corruption. All I will say @ dis point is dat I might just make gud on my threat...; been telling my boss dat a day will come wen he will call n say guy u nor dey come wrk 2day ni? I go just tell am say I don waka reach seme border n na 2 cross remain.
Y are u all screaming?????
ReplyDeleteFor pete's sake its just 169bn......
I can easily loan Nigeria d quid.
GEJ 2019
Ok..
DeleteFab mum stop kissing ezenwanyi's ass! She won't notice you! Her head is too stuck up in her rabit rat bite ass. Thanks
Delete@ anon,y d painment?????
Delete@ Fab mum,welcome to d club cos u will see a lot of anonymous e-rats like this one.
Hah! Anon please what is it? I said ok,where did that shoe I was kissing her ass? Please ,I love God. I don't like wahala
DeleteI just can't wrap my mind around this! Okay my conclusion, we have a mad lunatic for a president and we all know this is another plot to get money cos he ain't sure of the next election's outcome again. Gosh! This is most annoying.
ReplyDeleteOle ni e, Mr President. O ga o
ReplyDeleteLoan? Am I missing something pls? What happened to the defence budget? And where will this money be coming from?
ReplyDeleteThey shouldn't incur debts for generations yet unborn, pls!
Ki ki kiki kiki ki ki....
ReplyDeleteMr. Jonathan and his wicked advisers looking for money to steal ahead of 2015.
That's the money he will share to give all the PDP governors and lawmakers who just endorsed him for 2015.
No comment!
ReplyDeleteFor d very first time,words fail me!
ReplyDeleteDon't go speechless please..
DeleteGEJ is indirectly requesting for his 2015 campaign funds.....who is deceiving who??? mtcheeeeewww
ReplyDeleteI pray by the time that money come's it won't enter some thieves private account..hmmm..
ReplyDeleteYou pray? Are you a citizen? You should know how the govt run the show
DeleteLinda eze set alarm for 4am becos of airtime. Lmao! Onye owu ite!
ReplyDeleteThe truth is miitary hardware cost a lot of money for the trainning in the short term they could get the best instructors and have trainnings here .I know this, pls aprove
ReplyDeleteGEJ is just a thief...he is looking for money for his 2015 campaign or mayb money to bribe for impeachment of APC governors. He doesn't have the interest of Nigerian's @ heart and I pity those that vote him in. He hasn't gotten loans to tackle education or employment. ..he's busy askin for loans dt can neva be traced. We need change in ds country!
ReplyDeleteWhy him no kuku sell nigeria join,make I no call una FG criminals.
ReplyDeleteShey no bi only Boko we dey fight abi we Don join fight with Israel ans south sudan
ReplyDeleteShey no bi only Boko we dey fight abi we Don join fight with Israel andsouth sudan
ReplyDeleteAll I can say is LMAO
ReplyDeleteFoolish President, I don tire for this man and his cohorts, even our politicians sef! They paid @Levick Billions to launder our image, can you imagine! What good is PR when the people of the country are hungry, not well taken care of, jobless and has nothing good to say about the country? Its really a sad situation!
ReplyDeleteDis man is a thief and worst president so far
ReplyDeleteUnrepentant thief.
DeleteFree fund for 2015. Madam Okonjo seemed to forget Paris club so soon after paying all the gbese. Now we want to borrow again. Make una kuku sell Nigeria. On a serious note Mr. President, if you take this huge loan without wiping out Boko Haram before 2016, you must take a bow honourably or else . . .!. These punks will never get tired of sharing money.
ReplyDeleteTaaaaaaaaaaaaah jonathan. How dare you use boko haram for banbialah. Comot ur hat.
ReplyDelete