Nigeria Does Not Need Any Foreign Aid - President Buhari

Published 4 years ago by: MrJohn
at 01:47 PM, 26/07/2015 (4 years ago)

(3757 | Gistmaniac) (m)


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.

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PoliticxGuru at 02:02 PM, 26/07/2015 (4 years ago)
(14240 | Hero) (m)

Wonderful
Reply
joromy at 02:23 PM, 26/07/2015 (4 years ago)
(801 | Upcoming) Online (m)

GOOD NEWS
Reply
uchex at 02:37 PM, 26/07/2015 (4 years ago)
(1039 | Gistmaniac) (m)

Okay
Reply
ignis99 at 03:39 PM, 26/07/2015 (4 years ago)
(2810 | Gistmaniac) (m)

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.
Reply
lakman at 05:47 PM, 26/07/2015 (4 years ago)
(997 | Upcoming) (m)

Please can we hear direct from his mouth? is there any thing that happen to his voice? coconut head president.
Reply
beneno at 06:04 PM, 26/07/2015 (4 years ago)
(26050 | Addicted Hero) (m)

ooooooooh
Reply
freethinker at 06:37 PM, 26/07/2015 (4 years ago)
(5203 | Gistmaniac) (m)

wonderful
Reply
jossy4reall at 07:08 PM, 26/07/2015 (4 years ago)
(19946 | Hero) (m)

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

Reply
edpete at 11:17 AM, 27/07/2015 (4 years ago)
(1010 | Gistmaniac) (m)

Na wah oo
Reply
Fashoney at 05:01 PM, 23/08/2015 (4 years ago)
(1761 | Gistmaniac) (m)

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

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