Nigeria seeks World Bank’s support for road construction This Government can never stop borrowing & mortgaging the future of our children. Every youth in this country should & must be worried about this trend otherwise you will inherit a country marred in debt which you cannot pay these debts in 50 years to come.. Please we urge you to collectively tell Jonathan to stop borrowing & seek for a financial re-engineering to move this nation forward. Currently 70% of our annual budget go to recurrent expenditure which duplicity in appointments & bloated Government is the cause. Remedy: Simply cut the size of your Government & shutdown the senate. We do not need upper & lower houses of parliament we only need one. The reason why FG cannot meet the demands of ASSU & the rest of those on strike is because there is no money to foot these demands. *Our external reserve is about $46 billion *Our excess crude accounts stands at $5 Billion while, *Our total debt which they will never tell you is $50 Billion plus You need not be told where we are financially if you know a little bit of maths looking at the above figures.
Posted on: Tue, 08 Oct 2013 14:01:56 +0000