Debt Servicing Gulps N8 Trillion As FG Seeks More Loans - Politics (2)

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Debt Servicing Gulps N8 Trillion As FG Seeks More Loans - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Debt Servicing Gulps N8 Trillion As FG Seeks More Loans (9251 Views)

Debt Servicing Gulps Ondo, Osun, Two Others Allocations / Debt Servicing Gulps ₦13.17 Trillion Under Buhari, Education Suffers / As 30 States Propose N8 Trillion, Only Lagos, Rivers, Anambra Can Fund Budget (2) (3) (4)

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Re: Debt Servicing Gulps N8 Trillion As FG Seeks More Loans by Princedapace(m): 6:44am On Nov 01, 2019

Lol, Nigerian youths will never protest. Una never see anything.

Re: Debt Servicing Gulps N8 Trillion As FG Seeks More Loans by Tulsaguy: 6:45am On Nov 01, 2019

RenHub:
After all the abacha loot recovered.
Efcc's funds obtained from yahoo yahoo boys
Border closure revenues
They still have to borrow this much.
Weh done sir

Generation of Nigerians to come might have to exhume bubu from the grave to offset this debt.

Re: Debt Servicing Gulps N8 Trillion As FG Seeks More Loans by eluquenson(m): 6:46am On Nov 01, 2019

Buhari has successfully mortgage the future of Nigeria.

Hmm, God of mercy help us oh

1 Like

Re: Debt Servicing Gulps N8 Trillion As FG Seeks More Loans by iammo(m): 6:48am On Nov 01, 2019

dude act civil and stop mentioning people with insult...

Ajaokuta was never budgeted for since buhari cam in , so stop fvcking lieing for ajaokuta to work warri itakpe ajaoukuta rail needs to work so that its furnace can get coal to blast (ameachi is handling that)

dont always let you fustration get the better part of you, always do research

litaninja:
But you're daft sha. Which of the modafoken "investments" has yielded anything of value for your father as a Nigerian?
The modafocken ajaokuta they're still budgeting for has never produced anything in almost half a decade

Re: Debt Servicing Gulps N8 Trillion As FG Seeks More Loans by eluquenson(m): 6:49am On Nov 01, 2019

God, if it is our sin forgive us.

Deliver us from this evil government.

I am deeply crying for our our future and generations to come.

Re: Debt Servicing Gulps N8 Trillion As FG Seeks More Loans by Kemkemgirl(f): 6:49am On Nov 01, 2019

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Re: Debt Servicing Gulps N8 Trillion As FG Seeks More Loans by allthingsgood: 6:50am On Nov 01, 2019

Most people complaining are products of failed educational system which the president is trying to correct. When compared with ourinfracstructure deficit and capacity to repay, we have really not borrowed anything. Ignoramuses shld please stop wailing

Re: Debt Servicing Gulps N8 Trillion As FG Seeks More Loans by Nobody: 6:52am On Nov 01, 2019

Make dem kuku sell this country
Allah! I go too like am. I go just pack my bag dey go Coutonou...Is Nigeria as a State even working

Re: Debt Servicing Gulps N8 Trillion As FG Seeks More Loans by QuickStandard: 6:53am On Nov 01, 2019

The government is willing to sell Nigeria, so it can loot the proceeds.

Anyways, we buy used inverter batteries

1 Like

Re: Debt Servicing Gulps N8 Trillion As FG Seeks More Loans by israelmao(m): 6:55am On Nov 01, 2019

Ababa is really working.

Re: Debt Servicing Gulps N8 Trillion As FG Seeks More Loans by Siberia01(m): 6:59am On Nov 01, 2019

**************************** *****WILL AVOID THIS THREAD***********#

Re: Debt Servicing Gulps N8 Trillion As FG Seeks More Loans by Siberia01(m): 6:59am On Nov 01, 2019

**************************** *****WILL AVOID THIS THREAD***********#

1 Like 1 Share

Re: Debt Servicing Gulps N8 Trillion As FG Seeks More Loans by Delson25: 7:00am On Nov 01, 2019

They borrow the money to service there pockets.

Re: Debt Servicing Gulps N8 Trillion As FG Seeks More Loans by LZAA: 7:00am On Nov 01, 2019

iammo:

many foolish unexposed dunce dont understand how credit system works, technically speaking buhari borrowing to build kano, lagos, enugu , portharcourt airports isnt debt its investment because after completion he would simply concession it and make huge money, same way abuja - kaduna rail or lagos - abeokuta - ibadan rail line loan isnt a bad debt but a master class strategic investment, infact 2nd niger bridge would generate much more money during december rush than the money borrowed to build it

Forward thinking Americans would get mortgage loan to buy a house and loan to buy a car, they would also get contract phones on istallmental payments, while nigerians hustle painfully to build a house , buy a tokunbo car sold to him by americans and a used phone sold to him by uk

..

1 Like

Re: Debt Servicing Gulps N8 Trillion As FG Seeks More Loans by iammo(m): 7:02am On Nov 01, 2019

do you want ibo presidency or not? if yes start begging me and my people grin

LZAA:
...

1 Like

Re: Debt Servicing Gulps N8 Trillion As FG Seeks More Loans by LZAA: 7:04am On Nov 01, 2019

iammo:
do you want ibo presidency or not? if yes start begging me and my people

Re: Debt Servicing Gulps N8 Trillion As FG Seeks More Loans by Philinho(m): 7:05am On Nov 01, 2019

Buhari is Mr Loan...

Re: Debt Servicing Gulps N8 Trillion As FG Seeks More Loans by GEEBITE: 7:05am On Nov 01, 2019

Much ado about nothing.You dont share knowledge by insuting those who you want to educate.

iammo:

many foolish unexposed dunce dont understand how credit system works, technically speaking buhari borrowing to build kano, lagos, enugu , portharcourt airports isnt debt its investment because after completion he would simply concession it and make huge money, same way abuja - kaduna rail or lagos - abeokuta - ibadan rail line loan isnt a bad debt but a master class strategic investment, infact 2nd niger bridge would generate much more money during december rush than the money borrowed to build it

Forward thinking Americans would get mortgage loan to buy a house and loan to buy a car, they would also get contract phones on istallmental payments, while nigerians hustle painfully to build a house , buy a tokunbo car sold to him by americans and a used phone sold to him by uk

..

Re: Debt Servicing Gulps N8 Trillion As FG Seeks More Loans by iammo(m): 7:06am On Nov 01, 2019

you want it dont you? come and get it son

LZAA:
...

1 Like

Re: Debt Servicing Gulps N8 Trillion As FG Seeks More Loans by GMbuharii: 7:10am On Nov 01, 2019

sapentia:
All youths still supporting any of these old thieves are sellouts. Zmbs like helinues afamed yorubahero12 gwarotango gavelslam deomelo

lzaa immhotep

1 Like 1 Share

Re: Debt Servicing Gulps N8 Trillion As FG Seeks More Loans by tsfxtech(m): 7:11am On Nov 01, 2019

This country will be auctioned soon...

Animate your business today

Re: Debt Servicing Gulps N8 Trillion As FG Seeks More Loans by GMbuharii: 7:12am On Nov 01, 2019

[s]

iammo:

many foolish unexposed dunce dont understand how credit system works, technically speaking buhari borrowing to build kano, lagos, enugu , portharcourt airports isnt debt its investment because after completion he would simply concession it and make huge money, same way abuja - kaduna rail or lagos - abeokuta - ibadan rail line loan isnt a bad debt but a master class strategic investment, infact 2nd niger bridge would generate much more money during december rush than the money borrowed to build it

Forward thinking Americans would get mortgage loan to buy a house and loan to buy a car, they would also get contract phones on istallmental payments, while nigerians hustle painfully (rituals , yahoo yahoo, kidnaping) to build a house , buy a tokunbo car sold to him by americans and a used phone sold to him by uk, the difference is while a nigerian pays rent to his landord, and saves money to buy a car while spending on uber, land/ construction and a phone from his salary, an american already has a house, a car, a phone and simply services his loan monthly meaning no rent or landlord wahala, no squezing money and savings to buy chinco or used phone, and no spending on uber or savings to buy used car

..

[/s]

Shut up, thank you

grin

1 Like 1 Share

Re: Debt Servicing Gulps N8 Trillion As FG Seeks More Loans by iammo(m): 7:15am On Nov 01, 2019

i spoke in the language we nigerians understand... grin

havent you ever driven in a lagos traffic?

GEEBITE:
Much ado about nothing.You dont share knowledge by insuting those who you want to educate.

Re: Debt Servicing Gulps N8 Trillion As FG Seeks More Loans by Stanlux247: 7:17am On Nov 01, 2019

ALOOTING CONTINUAR

Re: Debt Servicing Gulps N8 Trillion As FG Seeks More Loans by Nobody: 7:19am On Nov 01, 2019

it appears they have mortgaged Nigeria already, the prodigal FG should just sell the citizens too

Re: Debt Servicing Gulps N8 Trillion As FG Seeks More Loans by showafrica(m): 7:22am On Nov 01, 2019

RenHub:
After all the abacha loot recovered.
Efcc's funds obtained from yahoo yahoo boys
Border closure revenues
They still have to borrow this much.
Weh done sir

You no add our 50 naira tax on e transactions.. Pos tax, stamp duty, ussd charges, vat increment.. Nothing good has came out from this govt yet

Re: Debt Servicing Gulps N8 Trillion As FG Seeks More Loans by LZAA: 7:30am On Nov 01, 2019

GMbuharii:

lzaa immhotep

1 Share

Re: Debt Servicing Gulps N8 Trillion As FG Seeks More Loans by LZAA: 7:31am On Nov 01, 2019

iammo:

you want it dont you? come and get it son

You just want igbo domination grin

Igbo amaka

Re: Debt Servicing Gulps N8 Trillion As FG Seeks More Loans by femixville(m): 7:35am On Nov 01, 2019

They told us Baba Buhari is the Messiah in 2015, that he's coming to fight for the poor, he's a grassroot politician hmmm...
but, today, the grassroot becomes the air man, defender of the poor becomes the oppressor of the poor.. does he even sit to think on his policies on the people.
The truth is, there is no how you can fight for the poor, the rich will always shoot out let us not deceive ourselves. Baba has no plan for the nation, all this borrowing, the end of it will still bounce back on the poor in the run, the rich will still end up becoming richer.
OBJ cleared the debt, GEJ borrowed a little to make infrastructures foundational plans of what APC is claiming today to be the author of..
Yet, PDP is worst
Yet PDP was having a better all regional representative govt
Yet, PDP cleared the debts
Yet, PDP brought investor more than any govt today cos they were the foundation of our Democracy..
Today APC has been the tax collectors of the end no use of it than to just loot it
they are the ones dividing the nation to the extent regions and tribes are lashing in each other
Still, they are borrowing each day, selling us soo cheap.into the hand of the Chinese and their religion masters Saudi.. so bad!
God only will save us, I still do pray..

Re: Debt Servicing Gulps N8 Trillion As FG Seeks More Loans by brainhgeek(m): 7:39am On Nov 01, 2019

opportunes:
President Muhammadu Buhari said yesterday in Riyadh, Saudi Arabia, that Nigeria is willing to mobilize additional capital from development finance institutions for the upgrade of critical infrastructure in the country. This is even as the Federal Government has so far spent N7.9trillion in servicing various external and domestic debts in five years, almost as huge…

Read more: https://www.dailytrust.com.ng/debt-servicing-gulps-n8trn-as-fg-seeks-more-loans.html

I only blame the wickedness of the idiots still giving us grants and loans

Re: Debt Servicing Gulps N8 Trillion As FG Seeks More Loans by ZombieTERROR: 7:40am On Nov 01, 2019

iammo:

many foolish unexposed dunce dont understand how credit system works, technically speaking buhari borrowing to build kano, lagos, enugu , portharcourt airports isnt debt its investment because after completion he would simply concession it and make huge money, same way abuja - kaduna rail or lagos - abeokuta - ibadan rail line loan isnt a bad debt but a master class strategic investment, infact 2nd niger bridge would generate much more money during december rush than the money borrowed to build it
Forward thinking Americans would get mortgage loan to buy a house and loan to buy a car, they would also get contract phones on istallmental payments, while nigerians hustle painfully (rituals , yahoo yahoo, kidnaping) to build a house , buy a tokunbo car sold to him by americans and a used phone sold to him by uk, the difference is while a nigerian pays rent to his landord, and saves money to buy a car while spending on uber, land/ construction and a phone from his salary, an american already has a house, a car, a phone and simply services his loan monthly meaning no rent or landlord wahala, no squezing money and savings to buy chinco or used phone, and no spending on uber or savings to buy used car
..

It's quite tragic that a youth like you can't ask yourself questions...

All the Abacha loots... They shared to the masses.... Who and who collected it?

The money generated by customs... I'm talking billions daily.. Where is it going?

Crude oil sales?... Taxes?... Where

Why has Buhari borrowed more money in four years than others before him...

Buhari is the only president on earth who has spent more time away from his country while in office... Buhari cannot trust his life on any hospital in the country today before he knows his capability

They say zombies are walking dead people
I believe it wholeheartedly now

Re: Debt Servicing Gulps N8 Trillion As FG Seeks More Loans by Angelfrost(m): 7:43am On Nov 01, 2019

RenHub:
After all the abacha loot recovered.
Efcc's funds obtained from yahoo yahoo boys
Border closure revenues
They still have to borrow this much.
Weh done sir

They have no choice... When you keep looting nonstop, money will never be enough to do projects...

They should keep borrowing... One day the nations will call up the debt. Soon this nation will become recolonized. Let's keep electing idiots.

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