Like? cos we are all looking for solutions.

okwyee:


Anything do-able,

Hum, with the current Nigeria economy and low patronage of our crude oil. No genuine lender will give us loan.
God please help our dear nation.

Adminisher:


Awww stop nonsense. What reform plans again?
Nigeria has removed fuel subsidy, Nigeria has devalued it's currency, Nigeria has instituted TSA.
There is a medium term expenditure forecast, there are priority projects .
The economy is being restructured away from oil. There is an agro allied sector growth plan in place.
These things will stimulate the economy and generate tax revenues for Government to pay any loans.

Please beware of danger lurking behind fancy words. International bankers want the Government to devalue the currency more. In any case all Nigerian Treasury Bills and bond instruments are over subscribed. Nigeria will have money to finance it's deficit. Almost all big projects have their counterpart fundings paid up.

Is our currency officially devalued to the right value? Which of the rates because we have like 6. Is TSA a requirement for reform because na bad idea. It was even implemented when he had no ministers I think PMB had an over bloated expectation from this corruption fight. He won't get d lol because no one knows d next policy summersault. He is now begging tompolo and Co. Money wey u get in house come dey fight everybody. No be ur money sef. I tire.

And the dullard general know nothing on what to do with the money or when to pay back n how to pay..

Typical aboki, living without a plan cos everything na so allah want am..
Nonsense..

Karma is a bitch

Adminisher:
Lies Incorporated.

Otherwise, I am sure there is something else the international financial Community wants us to do that is so terrible that they are not telling us.
What rubbish is there about " economic plans" . Ordinary Benin Republic gets loans from the same sort of documents that Nigeria must have presented.
Nigeria is not going to devalue fiurther or hurt herself because of a few billions.

You don't lend money to a drug adfict. First, cure him of his addiction, then lend him money.

The forex policies introduced by Buhari has plunged the economy into a recession and starved it of badly needed dolkars. Will you supply at 305 when you can get 490 at the black markwt. The difference between the official and psrrallel rate should not be more than 3%. Its hovering around 40% now all due to Buhari's meddling.

LastSurvivor11:
And the dullard general know nothing on what to do with the money or when to pay back n how to pay..

Typical aboki, living without a plan cos everything na so allah want am..
Nonsense..

^^ gbam . . .

Sibrah:
Why must it be govt who injects money into the system. People are naturally suppose to. Our sharing system is a major contributor to this recession.

It's the duty of government to spend in order to move the economy our of recession. Keynesian Theory

Xxpress:

It's the duty of government to spend in order to move the economy our of recession. Keynesian Theory

When has it become a must for an entity to spend. People spend according to their needs or want. Stop yarning that weak stuff.

Sibrah:
When has it become a must for an entity to spend. People spend according to their needs or want. Stop yarning that weak stuff.

You are right, but what what happens when people doesn't have the purchasing power to spend on their NEEDS. Hope you know the meaning of recession? I pray it doesn't lead to Depression

Xxpress:

You are right, but what what happens when people doesn't have the purchasing power to spend on their NEEDS. Hope you know the meaning of recession? I pray it doesn't lead to Depression

If the people are working then let them eat from their work. Govt is funded by people productive activity and not the other way round.

byrron:
Who is gonna lend money to someone that lacks the creative ability on how to generate money?

How is he gonna pay up by the time he squander the money he borrowed and start putting the blames on others?

The world now knows king bubu and his retrogressed economic policies.

Gbam!! you nail it

Xxpress:

It's the duty of government to spend in order to move the economy our of recession. Keynesian Theory

Keynesian stimulus measures only work when the problem an economy is facing is lack of demand, which usually manifests in very low inflation or even deflation - which is what happened in the West in the 1930s, and after the financial crash of 2008.

What is happening in Nigeria now is not a demand-side issue but a supply-side shock, due both to the crash in the oil price and Buhari's meddling with the forex market and import bans, both of which have combined to drive down FDI to almost nothing while encouraging capital flight. Attempting to spend your way out of recession in such a situation only leads to the worst of both worlds: the economy stays depressed while inflation accelerates, in other words, "stagflation". That is exactly what we are seeing now with inflation approaching 20%.

The only way out of this mess is for Buhari to finally receive sense, and listen to the economists who have been telling him for 18 months now that the Naira needs to be allowed to float, import restrictions need to be lifted, loss-making state assets like the refineries privatised, and measures taken to ease the difficulties doing business in Nigeria. Only such measures will bring the necessary levels of FDI to ease the downward pressure on the Naira.

Adminisher:
Lies Incorporated.

Otherwise, I am sure there is something else the international financial Community wants us to do that is so terrible that they are not telling us.
What rubbish is there about " economic plans" . Ordinary Benin Republic gets loans from the same sort of documents that Nigeria must have presented.
Nigeria is not going to devalue fiurther or hurt herself because of a few billions.

NOT EVEN GRAMMAR WILL SAVE NIGERIA...... HER TIME IS UP JUST LIKE OBAMAS

HVACSpecialist:
Hmmm... this is getting serious. Recession is really biting hard on genuine businesses and government must spend and inject more money into the comatose economy yet this loan is facing setbacks. This is really becoming scary for entrepreneurs.

Nobody is going to give this purposeless govt a loan

Sibrah:
When has it become a must for an entity to spend. People spend according to their needs or want. Stop yarning that weak stuff.

What is this one even insinuating. Isn't it the duty of government to provide good environment for investors to strive? Is not banning importation without providing enabling environment to produce the banned goods.

omohayek:

Keynesian stimulus measures only work when the problem an economy is facing is lack of demand, which usually manifests in very low inflation or even deflation - which is what happened in the West in the 1930s, and after the financial crash of 2008.

What is happening in Nigeria now is not a demand-side issue but a supply-side shock, due both to the crash in the oil price and Buhari's meddling with the forex market and import bans, both of which have combined to drive down FDI to almost nothing while encouraging capital flight. Attempting to spend your way out of recession in such a situation only leads to the worst of both worlds: the economy stays depressed while inflation accelerates, in other words, "stagflation". That is exactly what we are seeing now with inflation approaching 20%.

The only way out of this mess is for Buhari to finally receive sense, and listen to the economists who have been telling him for 18 months now that the Naira needs to be allowed to float, import restrictions need to be lifted, loss-making state assets like the refineries privatised, and measures taken to ease the difficulties doing business in Nigeria. Only such measures will bring the necessary levels of FDI to ease the downward pressure on the Naira.

My brother this is just the truth and its happened when a place is governed by clueless entity. How can someone do the same thing for 18 months with negative result and don't dream of changing he's curse of action.

No sensible entity will give Buhari 1 kobo

Under the Hausa Fulani Northern cattle Republic.

The 1914 British experiment expired in 2014. It didn't work and will never work. It's must be disintegrated.

#SayNoTo_OneNigeria.