Lipen:
screenshot the pictures you saw here then called me and verify if I'm the person or not

Ombudsman1:


GET LOST. DONT QUOTE ME AGAIN

IboHausaYoruba:
I will advise Jagaban to be a step ahead of these developed nations using IMF borrowing to plung us into poverty. They don't mean well for us because they know if Nigeria gets it right, the whole of Africa will be liberated. They benefit more from our penury because that's what sustain their own prosperity. Wise up Jagaban, don't take that loan.

Obinwenite:
Why is it that some certain people that defended buhari for 8yrs is the same defending Tinubu?…. Something is not right.

prophetfire:
. Tinubu have started his own borrowing? Is that what he's going to be doing too?

prophetfire:
. Tinubu have started his own borrowing? Is that what he's going to be doing too?

prophetfire:
. Tinubu have started his own borrowing? Is that what he's going to be doing too?

Righthussle:
Another loan? Make Una kukuma change the country name to BarceLONA

Helpfromabove1:
Funke


To do what ? All the savings on subsidy removal no do

Helpfromabove1:
Funke


To do what ? All the savings on subsidy removal no do

casualobserver:


I don’t think you and many others understand the subsidy savings. We were borrowing to fund subsidies and we couldn’t pay (govt owes NNPC for subsidies). What removal of subsidy does is to stop the borrowing for subsidies meaning we no longer have to borrow and incur debt to pay for subsidies (which we were not able to do anyway)


Our income has not increased, there is no “savings” all that removal does is our debt burden has reduced. There is no addition income or savings as a result of subsidy removal only less debt obligations.

It’s like your child has been in school and you’ve been owing school fees. In the last few years you’ve not been able to pay to fees but the debt is growing. Your child finishes school, so no more school fees but does that mean you have additional cash? No! It is only the man who was able to pay the school fees without borrowing or was able to pay the loan that will save money because the child has finished school. You didn’t have money to pay before, even though there is no more fees (subsidy). You still have no money.

Helpfromabove1:


I understand your explanation very well and am not ignorant of it either ,but I want to believe this is the excuse our leaders give to avoid accountability

Make ask in line with your explanation who funds NNPC Or where does NNPC get the money to import the fuel or his NNPC getting the fuel in credit from the foreign refinery ?

Eriokanmi:
I'd advise you pray for yourself and family. Don't put your hope in this government. Once your family is OK that's fine. You and I were in this country when they said 250 naira to a dollar wasn't OK in 2015, that they'd reverse it. I'm sure you know how much the dollar is today and their blind supporters are praising them for impoverishing the common man. Even those praise singers are worse hit by their bad economic policies.

If your family is blessed, you'd not even bother yourself over their activities anymore. A friend came to visit me yesterday and said his former colleague who owns Konga is now number 20 on the list of the richest people in Nigeria. That's the type of news that should excite you and I, work hard and engage God in your doings. He bought 30 brand new trucks recently . He wants to go into logistics now and call it Konga logistics. He's diversifying, you see. He's richer than many of the thieves who are in government today.

prodigiousman:


Source: https://punchng.com/world-bank-okays-fresh-500m-loan-for-fg/

Unaevince:


Pls no loan this time. The money the present govt is making now cos of subsidy removal is enormous. See the maths (437-195)*3million ltrs daily excess money N585 million daily(N17.55 billion monthly or N210.60 billion yearly). So if subsidy is not removed, the should have sold this country. God forbid, the President should manage this excess resources judiciously not extravagantly or sharing the loot that has been their ways in Nigerian governance.

Enough of borrowing in whatever form, he should look into productive ventures in the long run to sustain economic development like agriculture, other minerals mining. President Tinubu should use his head as an accountant and assemble Nigeria Enginneers and scientist to help him create wealth in this country. Management without production is useless. It is high time we do not rely entirely on oil to sustain this economy.

Work on renewable energy/green energy, research on GMOs, AI, Machine Learning (ML) in ITs for applications production and marketing to the international community should be intensified.

Governance is not only spending money but generating resources in a productive way not by exploitative means as taxes and levies.

God bless us and God bless Nigeria.

OneCandleAway:


Insecurity?

You didn't mention that. Tourism would have been an easy money maker like Ghana is doing but insecurity will not allow us enjoy that. Even investors in agriculture in the north are being chased away.
At the end they don't charge the few terrorists they catch, rather feed them and give them money and those ones will go back to terrorism after graduation