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Nairaland Forum / Nairaland / General / Politics / Reps Fume As FG Borrows ₦5.62 Trillion To Fund 2022 Budget Deficit (13686 Views)
Apprehension As FG Borrows N20.1trn Under Tinubu / Reps Fume As NAGGW Spends N81bn To Plant 21m Trees In North / FG Borrows N2.45 Trillion From CBN Amid Fiscal Risks (2) (3) (4)
Reps Fume As FG Borrows ₦5.62 Trillion To Fund 2022 Budget Deficit by lalajnr(m): 6:02pm On Aug 19, 2021 |
Chairman, House Committee on Finance, James Faleke, made this known at the ongoing public hearing on the 2022/2024 Medium Term Expenditure Framework and Fiscal Strategy Paper (FSP) on Thursday in Abuja.https://www.google.com/url?q=https://punchng.com/reps-fume-as-fg-borrows-n5-62trn-to-fund-2022-budget-deficit/&sa=U&ved=2ahUKEwjLoY-wxr3yAhVhgP0HHQEVAiYQlO8DMAp6BAgCEBc&usg=AOvVaw3JyyvU7J6kioKscj8lUO4V
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Re: Reps Fume As FG Borrows ₦5.62 Trillion To Fund 2022 Budget Deficit by joe54: 7:18pm On Aug 19, 2021 |
Buhari is economically bankrupt 120 Likes 13 Shares |
Re: Reps Fume As FG Borrows ₦5.62 Trillion To Fund 2022 Budget Deficit by iluvdonjazzy: 9:00pm On Aug 19, 2021 |
I don't understand this kind of borrowing, are you saying we don't have revenue again to take care of this country that we have to borrow this much. When we have NNPC, CUSTOMS, NPA, NCC, FRSC, AGRICULTURE, etc. Hmmm LORD have mercy on Nigeria. 98 Likes 9 Shares |
Re: Reps Fume As FG Borrows ₦5.62 Trillion To Fund 2022 Budget Deficit by Perfectnumber6(m): 9:51pm On Aug 19, 2021 |
Nigeria= useless 29 Likes |
Re: Reps Fume As FG Borrows ₦5.62 Trillion To Fund 2022 Budget Deficit by Maxymilliano(m): 10:02pm On Aug 19, 2021 |
The only language Buhari understand is to borrow, and the fuming as indicated in the topic by the House of Representatives is a sign of approval ... 54 Likes 3 Shares |
Re: Reps Fume As FG Borrows ₦5.62 Trillion To Fund 2022 Budget Deficit by Racoon(m): 10:15pm On Aug 19, 2021 |
Hope they know they're not being called rubberstamp for nothing? Guess it is this same HOR part of the NASS that have been approving previous senseless loans for the same president? 16 Likes |
Re: Reps Fume As FG Borrows ₦5.62 Trillion To Fund 2022 Budget Deficit by Kawea: 10:22pm On Aug 19, 2021 |
Re: Reps Fume As FG Borrows ₦5.62 Trillion To Fund 2022 Budget Deficit by Suspect33(m): 10:22pm On Aug 19, 2021 |
When Buhari is done with this Nation, we'll be looking for visa to go to Kabul, Afghanistan The damage this regime has done will take a whole generation to be repaired 89 Likes 6 Shares |
Re: Reps Fume As FG Borrows ₦5.62 Trillion To Fund 2022 Budget Deficit by mayorjosh(m): 10:22pm On Aug 19, 2021 |
A government of idiots Basic economics just to sustain a nation, they can’t. They won’t even account for one tangible project with all the money being spent. If it’s to buy Prado or Hilux now, their preek will stand for that one. 53 Likes 1 Share |
Re: Reps Fume As FG Borrows ₦5.62 Trillion To Fund 2022 Budget Deficit by RPirez: 10:23pm On Aug 19, 2021 |
Re: Reps Fume As FG Borrows ₦5.62 Trillion To Fund 2022 Budget Deficit by RPirez: 10:23pm On Aug 19, 2021 |
Xscape047: Of course... not only in Hawaii... All peaks within the death zone territory tends to have cooler tops with ice sheet. Kilimanjaro etc... 8 Likes 1 Share |
Re: Reps Fume As FG Borrows ₦5.62 Trillion To Fund 2022 Budget Deficit by Terrence99: 10:23pm On Aug 19, 2021 |
Femi is Buhari's houseboy, Lawan is less than a servant. 17 Likes |
Re: Reps Fume As FG Borrows ₦5.62 Trillion To Fund 2022 Budget Deficit by LOVEGINO(m): 10:24pm On Aug 19, 2021 |
poor man don suffer 1 Like |
Re: Reps Fume As FG Borrows ₦5.62 Trillion To Fund 2022 Budget Deficit by chiedu7: 10:25pm On Aug 19, 2021 |
Why are we borrowing money when we are sending money to Niger Republic? 7 Likes |
Re: Reps Fume As FG Borrows ₦5.62 Trillion To Fund 2022 Budget Deficit by Terrence99: 10:25pm On Aug 19, 2021 |
The North should be banned from holding leadership positions in Nigeria, at least for 50 years. Let us undo the damage Buhari and his fellow Northerners have done in 8 years. 70 Likes 5 Shares |
Re: Reps Fume As FG Borrows ₦5.62 Trillion To Fund 2022 Budget Deficit by Freddykrueger: 10:25pm On Aug 19, 2021 |
Quota system president. No brain, just foolishness. 32 Likes |
Re: Reps Fume As FG Borrows ₦5.62 Trillion To Fund 2022 Budget Deficit by rapheal5(m): 10:25pm On Aug 19, 2021 |
I personally hate people that brings God into nigeria matter, especially people that keep saying pray for nigeria...Well God is to busy to answer our prayer cuz HE already gave us everything we need in this stupid country.... 16 Likes |
Re: Reps Fume As FG Borrows ₦5.62 Trillion To Fund 2022 Budget Deficit by Akwamkpuruamu: 10:26pm On Aug 19, 2021 |
Dem never do 2021 budget borrowing finish, na 2022 them don plan ahead to borrow. Buhari taking bambiala and almajiri to international level and breaking every borrowing limits ever known in the world 10 Likes |
Re: Reps Fume As FG Borrows ₦5.62 Trillion To Fund 2022 Budget Deficit by Brushstrokes20: 10:26pm On Aug 19, 2021 |
The redundant coupist is hell bent on sinking the shithole! The doomed herder is Nigeria's worst blunder 15 Likes 2 Shares |
Re: Reps Fume As FG Borrows ₦5.62 Trillion To Fund 2022 Budget Deficit by Peterolus(m): 10:26pm On Aug 19, 2021 |
A big political strategy. |
Re: Reps Fume As FG Borrows ₦5.62 Trillion To Fund 2022 Budget Deficit by Caramia2020(m): 10:26pm On Aug 19, 2021 |
It's well, borrowing yet our vat on monthly basis would av been enough bcoz almost every adult pay tax in one way or the other. 2 Likes |
Re: Reps Fume As FG Borrows ₦5.62 Trillion To Fund 2022 Budget Deficit by ogododo: 10:27pm On Aug 19, 2021 |
lalajnr: Dem go soon borrow with Aso Rock as collectral. 1 Like |
Re: Reps Fume As FG Borrows ₦5.62 Trillion To Fund 2022 Budget Deficit by Abujaexpress: 10:28pm On Aug 19, 2021 |
Xscape047:O oga, are you aware that this your question deserves a question mark? |
Re: Reps Fume As FG Borrows ₦5.62 Trillion To Fund 2022 Budget Deficit by Drsnives(m): 10:30pm On Aug 19, 2021 |
Ok |
Re: Reps Fume As FG Borrows ₦5.62 Trillion To Fund 2022 Budget Deficit by samwillyco1(m): 10:30pm On Aug 19, 2021 |
Borrow and loot Government |
Re: Reps Fume As FG Borrows ₦5.62 Trillion To Fund 2022 Budget Deficit by micflo28(m): 10:30pm On Aug 19, 2021 |
Buhari is a scientific experiment to understudy how much pain a nation can withstand but he is going beyond the scale. 8 Likes |
Re: Reps Fume As FG Borrows ₦5.62 Trillion To Fund 2022 Budget Deficit by Yves4real(f): 10:30pm On Aug 19, 2021 |
lalajnr: The finance minister said that the money is needed to fund the budget. Some persons have argued that the low oil price is affecting the economy. During GEJ, oil sold for over $100 but in Buhari's tenure, oil is low bla bla and he needs to borrow so as to provide infrastructure. I agree that the price of crude oil was high during the last administration. However, the present administration introduced more taxes to help generate funds. As an individual, I know how much leave my savings' accounts monthly in the name of stamp duty and taxes on transactions. I pay SMS tax and other ridiculous taxes and these weren't in place during the last administration. With all these funds generated from individuals and organisations, why does the government still borrow that much to fund budget? Before you ask what can #50 stamp duty do, imagine #50 been deducted from the accounts of fifty million people. There are days I am charged more than #300 a day depending on sales or other reason (s) for a credit transactions. Same with millions of account holders out there. We learnt that customs office is generating over a trillion Naira yearly. What is the money used for? The government can't even account for these money. It keeps borrowing thereby, creating financial problems for successive governments. The corruption in this administration is so massive. 25 Likes 2 Shares |
Re: Reps Fume As FG Borrows ₦5.62 Trillion To Fund 2022 Budget Deficit by nenyeRitta(f): 10:31pm On Aug 19, 2021 |
This same government that budgeted almost 700million for dogs. What an unprecedented level of corruption. 1 Like |
Re: Reps Fume As FG Borrows ₦5.62 Trillion To Fund 2022 Budget Deficit by 22ndMayor: 10:31pm On Aug 19, 2021 |
God abeg |
Re: Reps Fume As FG Borrows ₦5.62 Trillion To Fund 2022 Budget Deficit by Grace001: 10:31pm On Aug 19, 2021 |
For God sake, let us build this country together for the sake of all of us,’’ he said Interesting, so you people know you aren’t building this country before. It’s God that will punish all of you. By the time Buhari is done with Nigeria, Benin republic will be like paradise to Nigerians. 5 Likes |
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