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Nairaland Forum / Nairaland / General / Politics / Endless Borrowing: Experts Worry, Okonjo-Iweala, Ahmed Differ On Nigeria’s Debts (17691 Views)
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Re: Endless Borrowing: Experts Worry, Okonjo-Iweala, Ahmed Differ On Nigeria’s Debts by jieta: 8:50am On Jun 24, 2021 |
A |
Re: Endless Borrowing: Experts Worry, Okonjo-Iweala, Ahmed Differ On Nigeria’s Debts by lifeandjoy: 8:50am On Jun 24, 2021 |
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Re: Endless Borrowing: Experts Worry, Okonjo-Iweala, Ahmed Differ On Nigeria’s Debts by Solidkay(m): 8:51am On Jun 24, 2021 |
There are hardly good news in Nigeria anymore, But it's alarming and annoying in the northern hemisphere. |
Re: Endless Borrowing: Experts Worry, Okonjo-Iweala, Ahmed Differ On Nigeria’s Debts by Lanretoye(m): 8:52am On Jun 24, 2021 |
The opposite of cow is cowress...same thinking,same product. |
Re: Endless Borrowing: Experts Worry, Okonjo-Iweala, Ahmed Differ On Nigeria’s Debts by orunto27: 8:53am On Jun 24, 2021 |
God heal This Land, NIGERIA, in JESUS CHRIST MIGHTY NAME, WE PRAY. AMEN. |
Re: Endless Borrowing: Experts Worry, Okonjo-Iweala, Ahmed Differ On Nigeria’s Debts by tonyson010(m): 8:56am On Jun 24, 2021 |
Angola having 120+ , that country is already a collateral. Even Egypt and Algeria, however they have more development compared to Nigeria. Oil producing countries in Africa are in bed with too much corruption and non functional civil service..........unless these two monsters are reduced drastically, stagnant progress remains what we see. 2 Likes |
Re: Endless Borrowing: Experts Worry, Okonjo-Iweala, Ahmed Differ On Nigeria’s Debts by Lawalemi(m): 8:57am On Jun 24, 2021 |
Re: Endless Borrowing: Experts Worry, Okonjo-Iweala, Ahmed Differ On Nigeria’s Debts by Principal196: 9:02am On Jun 24, 2021 |
Just imagine! The cowpresido does he understand all this economic analysis � The only thing that comes they mind every blessed day is borrow borrow and borrow. Without nothing to show off shame! O ya see the minister of finance Ahmed. Cows |
Re: Endless Borrowing: Experts Worry, Okonjo-Iweala, Ahmed Differ On Nigeria’s Debts by obailala(m): 9:11am On Jun 24, 2021 |
wwwihy:Zainab is also borrowing pay salaries and the govt is doing a desperate job to hide this. But the one that cant be hidden is that Zainab is borrowing to service previously borrowed debts. If you really think the over N20tr borrowed in the last 6 years have been sunk fully into infrastructure, then you must be a novice. Kindly point out the completed infrastructure that's commensurate with over N20tr borrowed funds? Last time I checked, all the major projects across the country are being financed with microscopic sums per year; Lagos-Ibadan road, Ore-Sagamu, Abuja-Lokoja, Onitsha-Enugu, East-West road, PH-Enugu road etc., none of these major road projects have individually received actual funding up to N20bn in any single calendar year, and that explains why progress on their construction has been extreeeeemly slow. Even Lagos-Ibadan rail was built with a loan of less than $2bn (less than N1tr), so what really took up the over N20tr borrowed funds? You really think it was all infrastructure as the govt claims? Except you're alternatively saying the money is being stolen in bulk. 2 Likes |
Re: Endless Borrowing: Experts Worry, Okonjo-Iweala, Ahmed Differ On Nigeria’s Debts by phadul: 9:15am On Jun 24, 2021 |
We can't do anything right in this country |
Re: Endless Borrowing: Experts Worry, Okonjo-Iweala, Ahmed Differ On Nigeria’s Debts by xelly: 9:17am On Jun 24, 2021 |
Nigeria do one thing, they borrow, send the money back to the country it was borrowed from through the back door (loot) the country will through their bank loan to the youth in their country at a single digit interest, they will generate more money and lend to Nigeria again and the debt continues to pile. |
Re: Endless Borrowing: Experts Worry, Okonjo-Iweala, Ahmed Differ On Nigeria’s Debts by Jeezuzpick(m): 9:19am On Jun 24, 2021 |
She needs to be banned. She's on the Board of Twitter sef. |
Re: Endless Borrowing: Experts Worry, Okonjo-Iweala, Ahmed Differ On Nigeria’s Debts by GEEBITE: 9:25am On Jun 24, 2021 |
You got your stuff well put together. I'm a big fan of any intelligent write up. obailala: |
Re: Endless Borrowing: Experts Worry, Okonjo-Iweala, Ahmed Differ On Nigeria’s Debts by Franking: 9:26am On Jun 24, 2021 |
Buhari is the best thing since sliced bread. Make una free am, biko. |
Re: Endless Borrowing: Experts Worry, Okonjo-Iweala, Ahmed Differ On Nigeria’s Debts by jaxxy(m): 9:26am On Jun 24, 2021 |
U don't borrow recklessly when u have a Stagnant, unproductive and toxic economy. |
Re: Endless Borrowing: Experts Worry, Okonjo-Iweala, Ahmed Differ On Nigeria’s Debts by saintol(m): 9:31am On Jun 24, 2021 |
I will believe Okonjo any day and any time. Please don't mind that cow-thinking minister. |
Re: Endless Borrowing: Experts Worry, Okonjo-Iweala, Ahmed Differ On Nigeria’s Debts by kissdabride: 9:36am On Jun 24, 2021 |
[quote author=Awoleesu post=103036248][/quote]untrained and uncultured 1 Like |
Re: Endless Borrowing: Experts Worry, Okonjo-Iweala, Ahmed Differ On Nigeria’s Debts by DWJOBScom(m): 9:49am On Jun 24, 2021 |
wwwihy: So Okonjo borrowed for salaries and had other monies for infrastructure which includes the trains you are currently borrowing to finish - don't you think something is missing somewhere? If the current Government is borrowing aimlessly like this , don't you think they are paying both salary and infrastructure ? Don't let Politicians play with you |
Re: Endless Borrowing: Experts Worry, Okonjo-Iweala, Ahmed Differ On Nigeria’s Debts by DWJOBScom(m): 9:52am On Jun 24, 2021 |
obailala: Seeing reports written by people like you , i strongly feel there's hope for our country. Someone is tracking every move of this failing Government. They will pay for it |
Re: Endless Borrowing: Experts Worry, Okonjo-Iweala, Ahmed Differ On Nigeria’s Debts by MadamExcellency: 9:53am On Jun 24, 2021 |
BigSarah: Both of them are worried hence saying the same thing. Every dollar gotten from sales of crude oil goes to debt servicing. |
Re: Endless Borrowing: Experts Worry, Okonjo-Iweala, Ahmed Differ On Nigeria’s Debts by MadamExcellency: 10:05am On Jun 24, 2021 |
DWJOBScom: You are not conversant with the debate from the article. You have nothing meaningful to contribute. All the contributors in the article were warning Ms Ahmed to restrict borrowing to domestic sources to preserve the dollar for other useful purposes other than debt servicing. Foreign borrowing is a trap and shortest route to debt default. NB: Ngozi Okonjo Iweala statement on borrowing to pay salaries didn't connote paucity or absence of funds rather, the 2014 budget ran its course before the new 2015 budget was passed and signed by the government. You cannot pay salaries with funds not approved by National Assembly as captured in the budget. The best was to borrow domestically and a pay immediately the budget was signed. |
Re: Endless Borrowing: Experts Worry, Okonjo-Iweala, Ahmed Differ On Nigeria’s Debts by Chidywhite: 10:10am On Jun 24, 2021 |
Racoon:BUHARI'S borrowing is to fix Niger republic so that when China comes to take over Nigeria they will move to Niger. Fake people. |
Re: Endless Borrowing: Experts Worry, Okonjo-Iweala, Ahmed Differ On Nigeria’s Debts by Omanze: 10:26am On Jun 24, 2021 |
Seniorwriter: Do u mean Ada Karen? |
Re: Endless Borrowing: Experts Worry, Okonjo-Iweala, Ahmed Differ On Nigeria’s Debts by Basher8583: 10:33am On Jun 24, 2021 |
Racoon: Why are you concerned with Nigeria. Haba. Are you no longer a Biafran again? Foreigner ... please mind your business |
Re: Endless Borrowing: Experts Worry, Okonjo-Iweala, Ahmed Differ On Nigeria’s Debts by slowice(m): 10:40am On Jun 24, 2021 |
Compare to the infrastructure they have built and are still building, this government is reckless with money. They ve borrowed so much and not much to show for it except tribalism, religious extremism and nepotism. A government that should have banked on the massive goodwill they enjoy to propagate national integration and cohesion, ended up polarising the country like never before. Buhari had the chance to leverage on his cult like followership and massive goodwill to direct the country, create solid institutions, cub corruption and straighten our democracy but he chose tribalism and nepotism instead. A huge waste of goodwill and massive support. A big loss to Nigerians, infact, our biggest loss so far |
Re: Endless Borrowing: Experts Worry, Okonjo-Iweala, Ahmed Differ On Nigeria’s Debts by Seniorwriter(m): 10:43am On Jun 24, 2021 |
Omanze: Reach out to the facebook ID as spelt on my profile... I'm sure you know how to do that. @Seniorwriter |
Re: Endless Borrowing: Experts Worry, Okonjo-Iweala, Ahmed Differ On Nigeria’s Debts by RealkingEnyija: 11:09am On Jun 24, 2021 |
MansoryMX: I don't know you in person...... but with this above point you stated you showed that you are a very intelligent being..... this people are about to put us in a spiritual and physical bondage.... the time for freedom of speech and information is getting over..... |
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