Nigeria Does Not Need Any Foreign Aid - President Buhari

4 years ago by: MrJohn
(m) at 26-07-2015 01:47PM (4 years ago)

(3760 | Gistmaniac)


President Muhammadu Buhari has appealed to the United States to help Nigeria by plugging all the loopholes that had been used by government officials to steal the country's assets rather than help with foreign aids.

According to Mallam Garba Shehu, Senior Special Assistant to President Buhari on Publicity, “Buhari did not go to the US with a begging bowl. We don’t need foreign aid, he told everyone, so long as the world powers can help us plug all the loopholes that had been used to steal our assets.”

In a report by Vanguard, Buhari’s four-day visit to the United States had the president meeting US President Barack Obama, Vice President Joe Biden, among many other top functionaries, to seek support on making Nigeria stand on its own rather than relying on borrowed funds.

Shehu further quoted his boss as saying: 'There is no organisation or government (across the world) that can give us (Nigeria) $5 billion. If we plug our loopholes and recover stolen money stashed abroad, Nigeria will do well by herself.'

Meanwhile, Nigeria is to draw down investments and cash worth $13.6 billion following negotiations and understanding reached by Buhari with the American government during the visit.

A breakdown of the $13.6 billion earmarked for Nigeria, courtesy of the Buhari US visit, shows that $5 billion is coming for investments in the power sector, another $5 billion is to fund investments in the agricultural sector, $1.5 billion is from the Bill Gates Foundation while $2.1 billion is being provided by the World Bank.


PoliticxGuru (m) at 26-07-2015 02:02PM
(14200 | Hero)

Wonderful
Reply
joromy (m) at 26-07-2015 02:23PM
(815 | Upcoming)

GOOD NEWS
Reply
uchex (m) at 26-07-2015 02:37PM
(1039 | Gistmaniac)

Okay
Reply
ignis99 (m) at 26-07-2015 03:39PM
(2843 | Gistmaniac)

Always hear about money but u can never see it or see better projects its used for and people are rejoicing already. This has been Nigerian style in many years.
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lakman (m) at 26-07-2015 05:47PM
(986 | Upcoming)

Please can we hear direct from his mouth? is there any thing that happen to his voice? coconut head president.
Reply
beneno (m) at 26-07-2015 06:04PM
(25964 | Addicted Hero)

ooooooooh
Reply
freethinker (m) at 26-07-2015 06:37PM
(5202 | Gistmaniac)

wonderful
Reply
jossy4reall (m) at 26-07-2015 07:08PM
(19817 | Hero)

Really.....na so Vanguard talk am?....make una no dey take english confuse people....na borrow he wan borrow the money and naija go still pay back though not with high interest

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edpete (m) at 27-07-2015 11:17AM
(1010 | Gistmaniac)

Na wah oo
Reply
Fashoney (m) at 23-08-2015 05:01PM
(1761 | Gistmaniac)

Let the good work continue and effectiveness of d change we all have been waiting for..Ride of Sai Baba!
Reply