PDP, APC Trade Words Over $75 Million World Bank Loan

Success is not really about the amount of money you have.Strippers  earn as much as 150,000 naira weekly exposing their naked bodies in clubs.Also, some politicians steal public funds,and leave their people to suffer.The list of ungodly means of making money are endless.Can we say people who make lots of money by ungodly means are successful?The likes of Bill Gates and Aliko Dangote can never be poor simply because they have a solution to some of human problems.Bill Gate helps solve the problem of information technology. .Dangote helps solve the problem of getting some basic needs like salt,cement,flour,steel,oil and gas and real estate.I think success is fulfilling your destiny on earth,and achieving your vision.A lot of rich people today are not successful.What is your own definition of success???

 

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Aug 7th 2015, 20:27

PDP-apcThe Peoples Democratic Party (PDP) and the All Progressives Congress (APC) are trading words over a $75 million loan requested from the World Bank by the State government.

Although the State government controlled by the APC is still waiting for the approval from the National Assembly, the PDP is kicking against the loan request.

Speaking to Channels Television on Friday in Benin City, the Edo State capital, the Publicity Secretary of the PDP, Chris Nehikharie, alleged that Governor Adams Oshiomhole would further worsen the state’s debt profile by taking the loan.

They asked the Senate to reject the proposal, claiming that the State government would divert the money for election campaign.

“In this government alone, the local government alone has received 212 billion Naira as at May this year.

“We are in shock. It is unbelievable that this government wants to collect more money and bequeath the debt legacy. We reject it and we beg the Senate and the President of Nigeria to reject it,” Mr Nehikharie said.

He asked the Edo State government to provide indices that would prove that the first trench of the loan was successfully utilised, as claimed.

In reaction, the APC Chairman in Edo State, Anslem Ojezua, said the loan was a testimony to the good works of the State government.

“Ordinarily, because they don’t give out gifts, that is why they called this a loan. It attracts one per cent interest, a moratorium period of 10 years and the State government has 40 years to pay.

“How does this compare with the loans the PDP takes?” he questioned.

President Buhari had written a letter to the Senate seeking the approval of the $75 million loan on behalf of Edo State.

The letter has been read on the floor of the Senate by the Senate President, Senator Bukola Saraki, and the National Assembly will deliberate on the request and come out with a final decision.

The post PDP, APC Trade Words Over $75 Million World Bank Loan appeared first on Channels Television.

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Revenge is a Poison meant for others, which we end up swallowing ourselves. Vengence is a Dark Light that blinds all who seek it. Don’t argue with Idiots.. They will bring you down to their level and beat you with experience.

Source : http://www.coolnsmart.com/wise_quotes/
Revenge is a Poison meant for others, which we end up swallowing ourselves. Vengence is a Dark Light that blinds all who seek it. Don’t argue with Idiots.. They will bring you down to their level and beat you with experience.

Source : http://www.coolnsmart.com/wise_quotes/

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