Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by ojonugba2014(m): 5:43am On Nov 28, 2023 |
Please borrow $50B in your next loan request.
This is just the beginning. We never see anything. God abeg,let me ND my family continue to live a comfortable life. 2 Likes |
Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by adenigga(m): 5:43am On Nov 28, 2023 |
ogbonti:
As you are asking these intelligent question - of how will we pay back ? know that a drug baron is taking these loans - a career criminal is taking these loans on our behalf - a man with zero integrity is taking these loans - a man who forged a certificate is taking these loans - with zero oversight on how these loans will be spent - a man who says it’s his turn to raid the treasury is taking these loans- a man whose son has no job, yet bought an $11 million mansion in London which he doesn’t live in is taking these loans - a man who has no blue print for our economic development other than snatch it, grab and run away with it is taking these loans - a man who said na statistics we go chop? showing he disregards empirical analysis and fundamentals of strategic financial and economic index is taking these loans - a man who will not be be around in the next 10 or 20 years when future generations of Nigerians will be saddled with huge debt repayment which could span another 50 to 75 years to pay back is taking these loans in our name… and everyone is zombified and quiet like we are all collectively hypnotized but the little rascal of Iragbiji, the Onijibiti Onijaguda Oniwerre of Eko
When all is set and done, our kids and grandkids kids will ask us one simple question
grandpa, grandma - what did you do or say when Buhari and Tinubu was burying our future in debt ? you will look down and tell them - we were cowards, blinded by ethnic and religious patriotism- so we turned the other way insulting a certain Igbo man called Obi who dared to question the common sense in borrowing away your future to be eaten by maggots in a certain party called the APC and we spent countless hours, days and months insulting him and his followers while the thieves at the helm robbed away your future and laughed at our collective stupidity because of the ease they could shove their philosophy of hate, deeply rooted in the the emilokan tribal nationalism mantra down our throats and we swallowed it hook, line and sinker 😟
My prayer is may our grand kids and great grand kids not look at just and spit at us in disgust because we were busy chasing rats while the roof was on fire
A word is enough for the wise
kachineke me eziokwu 🧐 Hmnnnn....... 1 Like
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Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by emerged01(m): 5:51am On Nov 28, 2023 |
The budget is $33b,if $1b is borrowed to support the budget,I dont think that is bad. Just saying o |
Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by Iseoluwani: 5:54am On Nov 28, 2023 |
overall90: 1 billion dollars loan ![shocked](https://www.nairaland.com/faces/shocked.gif) Does it mean that Nigeria is no longer earning revenue? And how are all these loans going to be repayed i thought they said they have $1trillon after removing subsidy 2 Likes |
Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by DiamondPant(f): 5:56am On Nov 28, 2023 |
overall90: 1 billion dollars loan ![shocked](https://www.nairaland.com/faces/shocked.gif) Does it mean that Nigeria is no longer earning revenue? And how are all these loans going to be repayed The loan has an 8 years moratorium. Tinubu has already started spending money that Nigeria will make in 2031 (when he must have left office). As it stands, politicians have spent Nigeria's money for at least 15 years ahead!! They borrow money to make forex available. They'll inject forex into the "economy". The naira will appreciate against the dollar. They sell the dollars to themselves. Then they allow the naira crash again and their accumulated dollars have higher naira equivalents. They'll withdraw in naira, borrow again to strengthen the naira. Buy back the borrowed dollars, allow the naira to crash and they cash out again. And the cycle continues! 6 Likes |
Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by Dicoomoba: 6:05am On Nov 28, 2023 |
ogbonti:
As you are asking these intelligent question - of how will we pay back ? know that a drug baron is taking these loans - a career criminal is taking these loans on our behalf - a man with zero integrity is taking these loans - a man who forged a certificate is taking these loans - with zero oversight on how these loans will be spent - a man who says it’s his turn to raid the treasury is taking these loans- a man whose son has no job, yet bought an $11 million mansion in London which he doesn’t live in is taking these loans - a man who has no blue print for our economic development other than snatch it, grab and run away with it is taking these loans - a man who said na statistics we go chop? showing he disregards empirical analysis and fundamentals of strategic financial and economic index is taking these loans - a man who will not be be around in the next 10 or 20 years when future generations of Nigerians will be saddled with huge debt repayment which could span another 50 to 75 years to pay back is taking these loans in our name… and everyone is zombified and quiet like we are all collectively hypnotized but the little rascal of Iragbiji, the Onijibiti Onijaguda Oniwerre of Eko
When all is set and done, our kids and grandkids kids will ask us one simple question
grandpa, grandma - what did you do or say when Buhari and Tinubu was burying our future in debt ? you will look down and tell them - we were cowards, blinded by ethnic and religious patriotism- so we turned the other way insulting a certain Igbo man called Obi who dared to question the common sense in borrowing away your future to be eaten by maggots in a certain party called the APC and we spent countless hours, days and months insulting him and his followers while the thieves at the helm robbed away your future and laughed at our collective stupidity because of the ease they could shove their philosophy of hate, deeply rooted in the the emilokan tribal nationalism mantra down our throats and we swallowed it hook, line and sinker 😟
My prayer is may our grand kids and great grand kids not look at just and spit at us in disgust because we were busy chasing rats while the roof was on fire
A word is enough for the wise
kachineke me eziokwu 🧐 Omo Tinubu must’ve really killed your dad and mom hbaba your hypocrisy is bigger than that of your tribe and I’m sure half of your family stay Lagos 😂 3 Likes 2 Shares |
Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by Reference(m): 6:07am On Nov 28, 2023 |
I am sure they will be sitting round a table and thinking what would have been if they had not taken to Ojota to stop the fuel subsidy removal all those years ago.... despite the torrent of warnings of the calamity we see today.
And then following up with an administration that was totally incompetent to handle the fallout but stood behind the finger of preventing social upheavals ensured a total meltdown of the nation.
Today this country is so vulnerable that any minor global economic tremor such as another pandemic, another major conflict somewhere in a land far, far away may just completely crumble what is left.
We brought ourselves here. That is the bottomline. 1 Like |
Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by Justhere: 6:22am On Nov 28, 2023 |
FG keep on borrowing for executive personal needs 1 Like |
Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by Nobody: 6:22am On Nov 28, 2023 |
Borrowing, will soon go in sorrowing 1 Like |
Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by DesChyko: 6:26am On Nov 28, 2023 |
I hope we are seeing the Lagos model?
It is no surprise why they are at least twice as indebted as the next most indebted state in Nigeria.
Ambode really tried to reverse the model, but we all saw how that ended. |
Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by Lanre1st(m): 6:28am On Nov 28, 2023 |
What is effect of the one he has been presented in the past?
Just bring back our fuel price |
Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by Nobody: 6:39am On Nov 28, 2023 |
Atarakpa: Good step They have borrowed your future away. Onuku. |
Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by AbuTwins: 6:42am On Nov 28, 2023 |
ogbonti:
As you are asking these intelligent question - of how will we pay back ? know that a drug baron is taking these loans - a career criminal is taking these loans on our behalf - a man with zero integrity is taking these loans - a man who forged a certificate is taking these loans - with zero oversight on how these loans will be spent - a man who says it’s his turn to raid the treasury is taking these loans- a man whose son has no job, yet bought an $11 million mansion in London which he doesn’t live in is taking these loans - a man who has no blue print for our economic development other than snatch it, grab and run away with it is taking these loans - a man who said na statistics we go chop? showing he disregards empirical analysis and fundamentals of strategic financial and economic index is taking these loans - a man who will not be be around in the next 10 or 20 years when future generations of Nigerians will be saddled with huge debt repayment which could span another 50 to 75 years to pay back is taking these loans in our name… and everyone is zombified and quiet like we are all collectively hypnotized but the little rascal of Iragbiji, the Onijibiti Onijaguda Oniwerre of Eko
When all is set and done, our kids and grandkids kids will ask us one simple question
grandpa, grandma - what did you do or say when Buhari and Tinubu was burying our future in debt ? you will look down and tell them - we were cowards, blinded by ethnic and religious patriotism- so we turned the other way insulting a certain Igbo man called Obi who dared to question the common sense in borrowing away your future to be eaten by maggots in a certain party called the APC and we spent countless hours, days and months insulting him and his followers while the thieves at the helm robbed away your future and laughed at our collective stupidity because of the ease they could shove their philosophy of hate, deeply rooted in the the emilokan tribal nationalism mantra down our throats and we swallowed it hook, line and sinker 😟
My prayer is may our grand kids and great grand kids not look at just and spit at us in disgust because we were busy chasing rats while the roof was on fire
A word is enough for the wise
kachineke me eziokwu 🧐 I know you must be Igbo or an Obidient or both! Is your state governor not taking loans too? Is your state government not sharing from FAAC? Obi no dey go anywhere! Deal with your loss! And Nigeria will get better! 2 Likes 2 Shares |
Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by AbuTwins: 6:44am On Nov 28, 2023 |
UTC34: We're in trouble Restrict the trouble and wahala to you and your family! |
Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by Ddeliverer007(m): 7:07am On Nov 28, 2023 |
12inchess: Nigeria! Are we not a joke. How won't they okay it.So they can buy more SUVs for themselves. Endtime country. Tinubu scammed us. But Obi will have scammed us too anyway. That’s why you will remain where you are always. Stuck forever. “Obi would have scammed us too anyway”.. I sorry for you. |
Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by Brushstrokes20: 7:14am On Nov 28, 2023 |
👀Ole Ajibole oleeeeeeeeeee! ![shocked](https://www.nairaland.com/faces/shocked.gif) 👀👀 Despite the trillions eBOLA and cohorts claimed to have saved from subsidy removal ![](/faces/huh.png) 💯 The useless govt of self serving THIEVES is hell bent on sinking the shyyythole!... A stitch in ⌚time saves nine 9️⃣ |
Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by EmekaBlue(m): 7:23am On Nov 28, 2023 |
Onigbese country
Yeye dey smell
Nigerians will just come online and rant,same in public transport, newspaper stand and every avenue but can't do nothing about it...then they adjust to anything the government wants and implement
Weak ass citizens 1 Like 1 Share |
Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by SouthSouth1914: 7:40am On Nov 28, 2023 |
Tinubu says he saved trillions from Fuel Subsidy, yet he is borrowing more money than never before yet nothing to show for. Nigerians, you have been played by the APC!! |
Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by stanliwise(m): 7:45am On Nov 28, 2023 |
sinero:
You are un trouble. Whatever you call upon yourself shall surely follow you all the days of your life. Ewu! Brain dead. Country Dey sink you dey here dey talk nonsense. |
Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by joshmee4real(m): 7:45am On Nov 28, 2023 |
Emilo: Finished country na packer remain to sweep am away Lol. APC don already bring Broom abi? |
Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by Iagos: 7:46am On Nov 28, 2023 |
ogbonti:
As you are asking these intelligent question - of how will we pay back ? know that a drug baron is taking these loans - a career criminal is taking these loans on our behalf - a man with zero integrity is taking these loans - a man who forged a certificate is taking these loans - with zero oversight on how these loans will be spent - a man who says it’s his turn to raid the treasury is taking these loans- a man whose son has no job, yet bought an $11 million mansion in London which he doesn’t live in is taking these loans - a man who has no blue print for our economic development other than snatch it, grab and run away with it is taking these loans - a man who said na statistics we go chop? showing he disregards empirical analysis and fundamentals of strategic financial and economic index is taking these loans - a man who will not be be around in the next 10 or 20 years when future generations of Nigerians will be saddled with huge debt repayment which could span another 50 to 75 years to pay back is taking these loans in our name… and everyone is zombified and quiet like we are all collectively hypnotized but the little rascal of Iragbiji, the Onijibiti Onijaguda Oniwerre of Eko
When all is set and done, our kids and grandkids kids will ask us one simple question
grandpa, grandma - what did you do or say when Buhari and Tinubu was burying our future in debt ? you will look down and tell them - we were cowards, blinded by ethnic and religious patriotism- so we turned the other way insulting a certain Igbo man called Obi who dared to question the common sense in borrowing away your future to be eaten by maggots in a certain party called the APC and we spent countless hours, days and months insulting him and his followers while the thieves at the helm robbed away your future and laughed at our collective stupidity because of the ease they could shove their philosophy of hate, deeply rooted in the the emilokan tribal nationalism mantra down our throats and we swallowed it hook, line and sinker 😟
My prayer is may our grand kids and great grand kids not look at just and spit at us in disgust because we were busy chasing rats while the roof was on fire
A word is enough for the wise
kachineke me eziokwu 🧐 🙏🏽 God bless you for saying it as it is. 1 Like |
Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by ufotunang: 7:47am On Nov 28, 2023 |
Incompetent set of people in government..they do not have any idea on how they can generate revenue for the country... Just to be borrowing money ..nawaoooo 🙄 |
Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by 735i(m): 8:08am On Nov 28, 2023 |
DiamondPant:
The loan has an 8 years moratorium. Tinubu has already started spending money that Nigeria will make in 2031 (when he must have left office). As it stands, politicians have spent Nigeria's money for at least 15 years ahead!! They borrow money to make forex available. They'll inject forex into the "economy". The naira will appreciate against the dollar. They sell the dollars to themselves. Then they allow the naira crash again and their accumulated dollars have higher naira equivalents. They'll withdraw in naira, borrow again to strengthen the naira. Buy back the borrowed dollars, allow the naira to crash and they cash out again. And the cycle continues! This is the scariest part oh. Repayments will start after he leaves government. How his supporters can't see that their principal is a criminal amazes me... |
Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by panpan(m): 8:22am On Nov 28, 2023 |
When the federal government takes external loans, they are indirectly taking money from the Nigerian population through naira devaluation, increase in the price of petroleum products, and general inflation. 1 Like |
Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by Quebec91(m): 8:23am On Nov 28, 2023 |
![cheesy](https://www.nairaland.com/faces/cheesy.png) Emilo: Finished country na packer remain to sweep am away |
Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by sukar886: 8:39am On Nov 28, 2023 |
Nigeria will soon be bury, tinubu government will be the worst |
Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by DiamondPant(f): 8:47am On Nov 28, 2023 |
735i:
This is the scariest part oh. Repayments will start after he leaves government. How his supporters can't see that their principal is a criminal amazes me... They see it. They know it. They've always known it. They're just too ashamed to admit it publicly. It takes superb intelligence to come out and denounce what you once supported. |
Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by AMI3(m): 8:54am On Nov 28, 2023 |
sinero:
You are un trouble. Whatever you call upon yourself shall surely follow you all the days of your life. Ewu! Why too much bitterness in u? Calm down |
Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by Emilo(m): 9:36am On Nov 28, 2023 |
joshmee4real:
Lol. APC don already bring Broom abi? Exactly 😀😀 |
Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by SuccessfulRichi: 9:55am On Nov 28, 2023 |
If NIGERIA is destroyed we should know who destroyed it. I used to hate military take over. But I think the military should start making plans to take over this entity. Cuz all the structures are weak. Even the judiciary are bought out. Now Nigeria is like a company for some ppl. |
Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by emperor4love(m): 9:58am On Nov 28, 2023 |
Wen person go begin get him.own part of loot |
Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by castrokins(m): 10:21am On Nov 28, 2023 |
8-year Moratorium So That Tinubu Would Have Been Out Of Office Before Repayment Commences |