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Nairaland Forum / Nairaland / General / Politics / Budget: Reps Approve ₦8.4tn Borrowing, ₦6.3tn Debt Service (9520 Views)
New Economic Stabilisation Paper Hints At N5.4tn Fuel Subsidy Bill / Finance Bill: Dangote, 7UP, 170 Firms May Lose N2.4tn Tax Waivers / 2022 Budget: Reps Fear Economy Collapse, Says Debt Servicing Too High (2) (3) (4)
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Re: Budget: Reps Approve ₦8.4tn Borrowing, ₦6.3tn Debt Service by Trill1(m): 6:42am On Oct 07, 2022 |
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Re: Budget: Reps Approve ₦8.4tn Borrowing, ₦6.3tn Debt Service by Kirkman: 6:49am On Oct 07, 2022 |
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Re: Budget: Reps Approve ₦8.4tn Borrowing, ₦6.3tn Debt Service by francichuks(m): 6:55am On Oct 07, 2022 |
This is worrisome, how can 'salary payment' {recurrent expenditure} be this outrageous than capital expenditure? This is really consumption budget. 1 Like |
Re: Budget: Reps Approve ₦8.4tn Borrowing, ₦6.3tn Debt Service by MedicH: 6:56am On Oct 07, 2022 |
Lexusgs430: Organizations are not your enemy. Those loans are used in paying salaries. Without them, ordinary allowance self poor corper no go see. Would you rather prefer to be seeing 5k debits monthly with narration " has been withdrawn from your account to move the nation forward "? They should keep borrowing and looting. |
Re: Budget: Reps Approve ₦8.4tn Borrowing, ₦6.3tn Debt Service by eteebanky1: 6:57am On Oct 07, 2022 |
ASUU should calloff this needless strike already, I'm so sure the government has already budget their Money |
Re: Budget: Reps Approve ₦8.4tn Borrowing, ₦6.3tn Debt Service by iezeiyida(m): 6:59am On Oct 07, 2022 |
Corrupt and incompetent leaders killing the country with borrowing ![]() |
Re: Budget: Reps Approve ₦8.4tn Borrowing, ₦6.3tn Debt Service by luluosas(m): 6:59am On Oct 07, 2022 |
Why are they piling up debts for the incoming President Peter Gregory Obi? Well, Obi has the capacity to overturn the situation come 2023. |
Re: Budget: Reps Approve ₦8.4tn Borrowing, ₦6.3tn Debt Service by Joshmoore(m): 7:00am On Oct 07, 2022 |
jonahhh: No, nothing of hatred here, the same Sowore that was used and dump by the current evil demonic APC to dethrone a far better performing Jonathan. Come oh, are you not currently in Nigeria? How can you be suffering and smiling for God’s sake! Because of tribe or religion or what exactly ![]() |
Re: Budget: Reps Approve ₦8.4tn Borrowing, ₦6.3tn Debt Service by Bizibi(m): 7:07am On Oct 07, 2022 |
I knew they will approve it. |
Re: Budget: Reps Approve ₦8.4tn Borrowing, ₦6.3tn Debt Service by Salvador1: 7:10am On Oct 07, 2022 |
U will hardly see the children of Lucifer here. Karma will surely visit all of you that brought this buhari and still planning to bring tinubu. |
Re: Budget: Reps Approve ₦8.4tn Borrowing, ₦6.3tn Debt Service by Emmynwasmart: 7:14am On Oct 07, 2022 |
The only reason why some Yoruba persons can support Tinibu is just because of tribalism and religious knowing fully well that he is incapacitated For the NORTHiners is simply because their demi god bullhari recommend him not because they like him because for them he is not Muslim enough But the real Yorubas I know are the most influentials and smart people they doesn't support evil while the sane Hausas are already fed up with tribalism and wants a change 2023 is not the year of war between Igbo Hausa and Yoruba rather it's a battle between the sane and the insane Nigerians *VOTE OBIDETTI 2023* |
Re: Budget: Reps Approve ₦8.4tn Borrowing, ₦6.3tn Debt Service by hotseat: 7:15am On Oct 07, 2022 |
Bubu and his co-travellers are out on the final onslaught against the Nigerian nation and its people. This administration will go down as the most clueless, stupid and, perhaps, deranged crop of unpatriotic "leaders" that have ever mounted the saddle of leadership of this country. If the only major requirement for coming into leadership is simply to continue borrowing, then the least of simpletons could come into administration as well. They just needed to grab power in itself without any clear-cut vision on how to pilot the affairs of the country and direct it on the path of growth and prosperity. Posterity will judge this administration harshly for taking the country two decades backwards. IDIOTAS....since 2015! |
Re: Budget: Reps Approve ₦8.4tn Borrowing, ₦6.3tn Debt Service by NOwazobia: 7:18am On Oct 07, 2022 |
The only top country that borrows to loot. God forbid bad thing... One mumu will then come here to tell us it is because we don't pay taxes. |
Re: Budget: Reps Approve ₦8.4tn Borrowing, ₦6.3tn Debt Service by babamoha(m): 7:27am On Oct 07, 2022 |
Nothing bad in borrowing but the bad aspect is not using the borrowed fund to do the right thing |
Re: Budget: Reps Approve ₦8.4tn Borrowing, ₦6.3tn Debt Service by PhantomProbe(m): 7:32am On Oct 07, 2022 |
sirfemoz:Bros, abeg no beg anybody to vote right. Leave Nigerians, when the suffering enter their body well, nobody go tell them to vote right. For now, let them continue voting based on tribal sentiment. E go clear for their eyes las las. Be like if e no spoil finish, e no go good. Lol |
Re: Budget: Reps Approve ₦8.4tn Borrowing, ₦6.3tn Debt Service by PSVITA(m): 7:33am On Oct 07, 2022 |
Evem: Where's your location? |
Re: Budget: Reps Approve ₦8.4tn Borrowing, ₦6.3tn Debt Service by Joe4real1988(m): 7:34am On Oct 07, 2022 |
Favourchris:Very fuulish yoots destroyed by religion and tribe ![]() ![]() ![]() |
Re: Budget: Reps Approve ₦8.4tn Borrowing, ₦6.3tn Debt Service by Mrkumareze(m): 7:36am On Oct 07, 2022 |
These guys has institutionalised Nigeria to suit their looting . Even Peter Obi can't solve the situation we are in |
Re: Budget: Reps Approve ₦8.4tn Borrowing, ₦6.3tn Debt Service by Evem(f): 7:41am On Oct 07, 2022 |
PSVITA: Sir am located in Uromi sir. Please sir no matter how small please help me. God bless you |
Re: Budget: Reps Approve ₦8.4tn Borrowing, ₦6.3tn Debt Service by Evem(f): 7:43am On Oct 07, 2022 |
michlins: sir please I use to do factory work where they manufacture slippers sir but I don't go for a while now due to my dad Ill health and nobody to stay with him. Please sir please help me in any little way you can please |
Re: Budget: Reps Approve ₦8.4tn Borrowing, ₦6.3tn Debt Service by rollywise(m): 7:51am On Oct 07, 2022 |
sirfemoz: Yet they say they don't want Obi. Nigerians are hopeless and dumb |
Re: Budget: Reps Approve ₦8.4tn Borrowing, ₦6.3tn Debt Service by Lexusgs430: 7:56am On Oct 07, 2022 |
MedicH: Hmmmmm..... Would you take loans to pay salaries....... Loans are for infrastructure developments, to generate more money, not for eating and pooing........ 1 Like 1 Share |
Re: Budget: Reps Approve ₦8.4tn Borrowing, ₦6.3tn Debt Service by PSVITA(m): 8:21am On Oct 07, 2022 |
Evem: Chat me up on WhatsApp, my number is in my signature. |
Re: Budget: Reps Approve ₦8.4tn Borrowing, ₦6.3tn Debt Service by Shebbs: 9:24am On Oct 07, 2022 |
Your Tenure Will End In 2023 But You Want To Borrow Till 2025? The Incoming President Will Now Be Servicing Past And Future Debts Throughout His Tenures. It Will Take Only An Economist To Balance These Debts In 8 Years And That Man Is Peter Obi. |
Re: Budget: Reps Approve ₦8.4tn Borrowing, ₦6.3tn Debt Service by DeOTR: 9:34am On Oct 07, 2022 |
It's funny subsidy payment for just a year eating a sum that's more what we used to have as a national annual budget before the emergence of Buhari in 2015. This is sad coming from Buhari who used to believe there's nothing like subsidy. Tinubu should come and redo what Buhari has done to Nigeria and we can take it from there. |
Re: Budget: Reps Approve ₦8.4tn Borrowing, ₦6.3tn Debt Service by sirfemoz(m): 9:45am On Oct 07, 2022 |
RepoMan007: It's really annoying. Anything that concerns them must remain the same, but those little ones citizens enjoys must be removed. |
Re: Budget: Reps Approve ₦8.4tn Borrowing, ₦6.3tn Debt Service by duduade: 9:46am On Oct 07, 2022 |
God o I personally think Buhari and his set of ministers are Nigeria s nightmares Is the finance minister actually educated ![]() |
Re: Budget: Reps Approve ₦8.4tn Borrowing, ₦6.3tn Debt Service by sirfemoz(m): 9:48am On Oct 07, 2022 |
Mayflowa: Of course. Which doesn't make sense. This government just don't care. If Nigeria burns, they move to another country and buy citizenship. |
Re: Budget: Reps Approve ₦8.4tn Borrowing, ₦6.3tn Debt Service by jonahhh: 9:51am On Oct 07, 2022 |
Joshmoore: Maybe you are suffering and smiling , I’m not. If you have a good business and work-diligently , you’ll make money and yes I live in Nigeria … sowore was deceived same we we were all deceived over buhari. Deep down you know sowore is different from other candidates, Peter obi is a nice man and a good businessman but leading this country? He won’t make any difference considering people he was surrounded with plus foreign investors will come first before us if Peter obi wins . Trust me the only difference would be us having a younger president. |
Re: Budget: Reps Approve ₦8.4tn Borrowing, ₦6.3tn Debt Service by jonahhh: 9:53am On Oct 07, 2022 |
Joshmoore: Same Jonathan that took fuel price from 65 naira to straight to 110 , leading to the current price and never coming down… please there’s no better president in Nigeria… we don’t have heros we had thieves… all of them. Sowore is worth a chance |
Re: Budget: Reps Approve ₦8.4tn Borrowing, ₦6.3tn Debt Service by jonahhh: 9:55am On Oct 07, 2022 |
Joshmoore: Atiku is a no no… we can afford Peter obi or sowore, even the mistake of voting tinubu can be survived . But you see Atiku? We must avoid him like ebola |
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