Mallam Falalu Bello, OFR is the National Chairman of the Peoples Redemption Party (PRP). He was the Managing Director of Habib, Intercity and Unity Banks.
Nigeria won't grow if Recurrent Estimates gulp as much as 76%. Looking into the Budget closely, one can see that the wage Bill of the Public Sector alone will gulp N3.6 trillion of the total Budget of N10.33trillion. This certainly is unacceptable and must be reversed.
The recent positive health bill declared by even the INEC itself for the PRP is certainly just one pointer to this fact. Those of us already on board this unstoppable moving train should now close ranks and add to the ongoing momentum. Those presently outside should get on...
I will like to use this opportunity to assure all my colleagues in the PRP that the wobbly, weary and weaning years of the Peoples Redemption Party are over for good.
Our party, PRP is now firmly on tracks, revving up and ready for take-off.
As purpose of this loan is “Development Policy Operation”, a term that is not clear for which reason you need to tell them what is the purpose of this borrowing; and
How can Kaduna State Government with an IGR of N44b as its only surest annual income service a debt of N291b?
Kaduna State is today the 9th most indebted state in Nigeria with total debts to N162 billion against Internally Generated Revenue of N44 billion per annum (as its surest revenue).
What has the previous N164 billion debt borrowed by Kaduna State Government been used for and what revenues or employment have these debts generated;
The purpose for the additional $350million or $127 billion borrowing as what has been put in available documents.
We, in the PRP, applaud World Heavyweight Boxing Champion, Anthony Joshua, for regaining his belts in a rematch with Mexican, Andy Ruiz. His victory signals hope that Nigeria would, one day, regain its lost glory if we work harder. We appreciate Joshua for making Nigerians proud.