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Nairaland Forum / Nairaland / General / Politics / FG: Why We’re Taking N9.61tn Loan (21577 Views)
FG: Why Restructuring Won’t Work Now / Why We’re Taking A Huge N9.61 Trillion Loan – Nigerian Government / Why We’re Not Probing APC Members – SGF (2) (3) (4)
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Re: FG: Why We’re Taking N9.61tn Loan by doctokwus: 3:24pm On Oct 27, 2016 |
With that humongous amount slated to be borrowed,i was expecting to see projects like the construction of the first tube speed train, a 3000mw coal powered plant,largest all yr irrigation project,etc. I am not impressed by what the loan is for,unless there's sth yet undisclosed. 3 Likes |
Re: FG: Why We’re Taking N9.61tn Loan by cooltola(m): 3:24pm On Oct 27, 2016 |
Dear current generation in power, please do not bankrupt our Nigeria. A revolution is coming soon, many people are hungry and angry. 1 Like 1 Share |
Re: FG: Why We’re Taking N9.61tn Loan by mikeade11(m): 3:25pm On Oct 27, 2016 |
I know the answers but I can't discussed this in the public PapaBrowne: |
Re: FG: Why We’re Taking N9.61tn Loan by doctokwus: 3:28pm On Oct 27, 2016 |
NgwaManNaija4LF:U need to be watched.That is serious threat. |
Re: FG: Why We’re Taking N9.61tn Loan by Ngokafor(f): 3:28pm On Oct 27, 2016 |
nicerichard05: ....You deserve an everlasting ban plus a hot slap for this nonsense you posted...people are talkng about real issues here,you are clowing around 4 Likes |
Re: FG: Why We’re Taking N9.61tn Loan by Imafidonist442(m): 3:35pm On Oct 27, 2016 |
Chai, jehovah amagedom, this government wan kill us and our generation with deptooo.. Those against press like 2 Likes |
Re: FG: Why We’re Taking N9.61tn Loan by favouredseed(f): 3:35pm On Oct 27, 2016 |
PapaBrowne:well said 2 Likes 1 Share |
Re: FG: Why We’re Taking N9.61tn Loan by plaetton: 3:37pm On Oct 27, 2016 |
PapaBrowne: You hit the nail right on the head. 3 Likes |
Re: FG: Why We’re Taking N9.61tn Loan by ehissi(m): 3:45pm On Oct 27, 2016 |
I will not be surprised if APC is looking for money to pay election debts and upcoming campaign debts and service "The Cabal", that are within the political arena. If not, the Budget is #6.07 trillion, the deficit we had in the budget is just #2.2trillion. Why Borrow #9.6trillion to cover a #2.2trillion deficit? #9.6trillion is way above the budget itself, meaning they have plans to spend way above budget either through subterranean means or they may seek budgetary appropriation. For a nation whose "alleged" source of wealth is down, why borrow such a huge amount and claim to block wastages at the same time?? Isn't that a waste in itself?? Amaechi represented Mr President at an economic forum abroad and was quoted as stating as a matter of public record that ......... " the Nigerian government has recovered #3.64trillion from Looters" ....... Shouldn't that be enough to close the deficit? If it is indeed true. None of these numbers add up at all!! Which kind mumu person dey Ministry of Finance, budget and DMO offices sef?? We are looking for ways to leave recession, these people want to padlock us their finally; don't be surprised after sucking abuja dry, they will "technically" hand over back to PDP and start this 16year of PDP madness all over again! Anyway, when you make a Professor of Law the head of your economic team, things like this are bound to happen........... I just pray National assembly doesn't approve this foolish endeavour!!! 2 Likes 1 Share |
Re: FG: Why We’re Taking N9.61tn Loan by Emassive(m): 3:46pm On Oct 27, 2016 |
Nigeria got served the moment we Voted in Buhari... No country in the world will pay back such loan even if they sell Oil at 1000usd Pb. Since there is no more corruption in the govt, we should be able to have saved up trillions na. 1 Like |
Re: FG: Why We’re Taking N9.61tn Loan by wacoj(m): 3:48pm On Oct 27, 2016 |
This certainly can NEVER be possible. They wont succeed in getting such a huge loan. Our senators are not blocked heads to approve such bunkum! Una don dey see am say Buhari na super star abi? We warned people before the election but cucumber was more important to them! 3 Likes 1 Share |
Re: FG: Why We’re Taking N9.61tn Loan by phreakabit(m): 3:50pm On Oct 27, 2016 |
[size=24pt]WTF is FADAMA11?[/size] Abeg enough of all these scams and their abbreviated names. . |
Re: FG: Why We’re Taking N9.61tn Loan by Inspectahdeck(m): 3:51pm On Oct 27, 2016 |
Unsustainable action the present generation takes that will affect the future generation ability to meet their needs. JAkpayen: 2 Likes |
Re: FG: Why We’re Taking N9.61tn Loan by Amanwulu1(m): 3:57pm On Oct 27, 2016 |
SillyMods:what exactly is ur point? FYI Nigeria doesn't start n end wit not gej n buhari. Also if u listened to ur argument u'll see dat u're supporting d man u claim to hate. 2 Likes |
Re: FG: Why We’re Taking N9.61tn Loan by Realist2: 4:05pm On Oct 27, 2016 |
This is the definition of super mega cluelessness, disastrous and monumental cluelessness !. Now, i believe mama Peace, in her voice, '' by the time buhari is done with Nigeria, na only Change go remain for em pocket''. How can any sensible government borrow that kind of money , that will perpetually put the future generation in debt?. Oh! Buhari has finished us , only another IBB can salvage us from this mess. 2 Likes |
Re: FG: Why We’re Taking N9.61tn Loan by lookmangiw(m): 4:06pm On Oct 27, 2016 |
These people just want to give us and option that we either allow them to sell asset or go ahead with the borrowing. 1 Like |
Re: FG: Why We’re Taking N9.61tn Loan by Walelavender(m): 4:09pm On Oct 27, 2016 |
This massive borrowing should be discouraged. The FG should think of alternative means of funding the next budget. Putting the nation under perpetual bondage of Caucasian debt for the next generation to pay would be ludicrous. I haven't seen any display of ingenuity by this government in tackling the economic woes bedevelling this country. The time is definitely running out. They were voted to think! 2 Likes |
Re: FG: Why We’re Taking N9.61tn Loan by drss2(m): 4:13pm On Oct 27, 2016 |
ivandragon:correct talk. 2 Likes |
Re: FG: Why We’re Taking N9.61tn Loan by michoim(m): 4:15pm On Oct 27, 2016 |
This is not strange. Obama borrowed US $10Trillion in just 7.5 years in order to revive American economy. .. 1 Like |
Re: FG: Why We’re Taking N9.61tn Loan by gentlelarry(m): 4:24pm On Oct 27, 2016 |
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Re: FG: Why We’re Taking N9.61tn Loan by Ladokun12(m): 4:27pm On Oct 27, 2016 |
dis man has nfin to loose,e go die very soon,we gona b left alone to suffer for is deeds. 1 Like 1 Share |
Re: FG: Why We’re Taking N9.61tn Loan by Ibime(m): 4:33pm On Oct 27, 2016 |
PapaBrowne: This is less than half the money Goodluck met in Excess Crude Account that he should have more than doubled by the time he left going by crude oil prices. So you should first ask him what was done with quadruple this amount. 1 Like |
Re: FG: Why We’re Taking N9.61tn Loan by SmartThief(m): 4:39pm On Oct 27, 2016 |
END TIME LOAN!!! 2 Likes |
Re: FG: Why We’re Taking N9.61tn Loan by Festy4u(m): 4:41pm On Oct 27, 2016 |
This government keeps giving their defenders herculean tasks in defending their gross incompetencies 1 Like |
Re: FG: Why We’re Taking N9.61tn Loan by july66: 4:52pm On Oct 27, 2016 |
sharpden:Wahala dey o. This loan is higher than Nigeria's external reserve. 2 Likes |
Re: FG: Why We’re Taking N9.61tn Loan by NairaMaster1(m): 5:22pm On Oct 27, 2016 |
Kikikiki 1 Like
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Re: FG: Why We’re Taking N9.61tn Loan by Originalsly: 6:15pm On Oct 27, 2016 |
This is madness. The country is being sold. If we can't service the current loans how can new loans be repaid? Last time....we sold our people to the slave masters. .. this time we are giving the slave masters open invitation to come enslave us. 2 Likes |
Re: FG: Why We’re Taking N9.61tn Loan by Nkemtreasure: 6:24pm On Oct 27, 2016 |
PapaBrowne: Come here, hope you didn't put your real contact here because some people may pay you a visit. These questions are what we should ask. Pls permit me to copy and paste this on my wall on facebook. Thanks. 2 Likes |
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