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Nairaland Forum / Nairaland / General / Politics / Nigeria Gets $751.88 Million From Recently Approved World Bank Loan (6434 Views)
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Nigeria Gets $751.88 Million From Recently Approved World Bank Loan by AcuraZDX: 6:54pm On Jul 16 |
The World Bank has disbursed $751.88 million to Nigeria from a recently approved $1.5 billion loan. https://nairametrics.com/2024/07/16/nigeria-gets-751-88-million-from-recently-approved-world-bank-loan/ 2 Likes 2 Shares
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Re: Nigeria Gets $751.88 Million From Recently Approved World Bank Loan by AcuraZDX: 6:54pm On Jul 16 |
Ahh Government of Loans and more loans. "He who goes borrowing, goes sorrowing." God abeg oo. 59 Likes 4 Shares |
Re: Nigeria Gets $751.88 Million From Recently Approved World Bank Loan by atiku4President(m): 6:54pm On Jul 16 |
For what nah? Hope the money will not be used for celebrating Nigeria's independence next October 21 Likes 3 Shares |
Re: Nigeria Gets $751.88 Million From Recently Approved World Bank Loan by Racoon(m): 6:56pm On Jul 16 |
Loan! Loan!! Borrow! Borrow!! Every hour! Every day! Every year! ANYTIME! ANYDAY! ANYWAY! ANYHOW! ANYWHERE AND ALWAYS, IT IS DEBTS, LOANS AND BORROWING OR TAX!!! Using more than 70% of available resources to service despite the rising double digits galloping inflation with the govt's background economic cluelessness. They are not ready to cut cost of governance, look inward to generate revenue or reduce the institutional corruption they have entrenched. This Tinubu-led APC government has continued to mortgaged the Nigerian state into more indebtedness. 31 Likes 4 Shares |
Re: Nigeria Gets $751.88 Million From Recently Approved World Bank Loan by mrvitalis(m): 7:06pm On Jul 16 |
We used to get loans in multi billion dollars Now a few billion dollars NNPC is struggling to get 2 billion dollars loan The world Economic and financial lenders know your worth Soon loans would be in 10s of millions of dollars Funny thing is we know that restructuring Nigeria along tribal lines like every other country like us.. China India, Japan, Malaysia, Indonesia, UK, Germany, Italy, Spain and the others is the only way to grow But we keep beating about the bush... We have done that for 60 years... I wonder when we would learn 24 Likes 1 Share |
Re: Nigeria Gets $751.88 Million From Recently Approved World Bank Loan by Rantingpiglets: 7:13pm On Jul 16 |
Sophisticated people have failed.. ![]() Even BUHARI is not useless as this. Whenever Yoruba preach sophistication remind them of TINUBU.. Chai.. it is FINISHED 34 Likes 3 Shares |
Re: Nigeria Gets $751.88 Million From Recently Approved World Bank Loan by coded01: 7:15pm On Jul 16 |
Past loans haven't always benefited the people. In a functional country, these funds would greatly benefit the people! We must ensure this money doesn't get misused and improves our lives. 2 Likes |
Re: Nigeria Gets $751.88 Million From Recently Approved World Bank Loan by UselessBuharist: 7:15pm On Jul 16 |
This man is not joking. He truly continued from where Buhari stopped 8 Likes |
Re: Nigeria Gets $751.88 Million From Recently Approved World Bank Loan by BigTableShaker(f): 7:16pm On Jul 16 |
Naira will appreciate the dollar a bit. 1 Like 1 Share |
Re: Nigeria Gets $751.88 Million From Recently Approved World Bank Loan by CSTRR: 7:16pm On Jul 16 |
Tinubu supporters, una papa don collect loan o. 17 Likes |
Re: Nigeria Gets $751.88 Million From Recently Approved World Bank Loan by NeckingNgulping(m): 7:16pm On Jul 16 |
Tinubu food don done for you. Na the figure we dey see, no impact. Atleast, Buhari borrowed to subsidize the price of PMS and the exchange rate wasn't above 1k. I can't believe I could say something good about Buhari who was a colossal failure. If Buhari could be better than Tinubu, then it is finished. 11 Likes 2 Shares |
Re: Nigeria Gets $751.88 Million From Recently Approved World Bank Loan by Ngwamankillyou2(m): 7:17pm On Jul 16 |
Brainless Man continue to take loan without having sense on how to generate fund. 17 Likes 4 Shares |
Re: Nigeria Gets $751.88 Million From Recently Approved World Bank Loan by Tealcrestmedia(m): 7:17pm On Jul 16 |
Reform VAT to 12. 5%?it's like this world bank is on a drive to kill Africa with loans with evil clauses. 3 Likes |
Re: Nigeria Gets $751.88 Million From Recently Approved World Bank Loan by osuofia2(m): 7:17pm On Jul 16 |
getting messier . loans on loans. Nigeria under APC is doom 5 Likes |
Re: Nigeria Gets $751.88 Million From Recently Approved World Bank Loan by tunjijones(m): 7:17pm On Jul 16 |
Must you collect loan? 63 Likes |
Re: Nigeria Gets $751.88 Million From Recently Approved World Bank Loan by IamObidientBut: 7:17pm On Jul 16 |
Omo 😳😳😳 see money I hope APC e rodents gets at least $1m each ![]() 5 Likes |
Re: Nigeria Gets $751.88 Million From Recently Approved World Bank Loan by asakoko: 7:17pm On Jul 16 |
Make FG Use some of the money buy food and distribute to the poor.... people are hungry. Hungry people are angry people. |
Re: Nigeria Gets $751.88 Million From Recently Approved World Bank Loan by Aroyjunior(m): 7:18pm On Jul 16 |
Nigeria we hail thee. |
Re: Nigeria Gets $751.88 Million From Recently Approved World Bank Loan by CSTRR: 7:19pm On Jul 16 |
Nigeria's crude oil output has been mortagaed for loan under buhari. Tinubu himself has continued the same way. By the time the children of tinubu supporters grow, they would be seeing crude oil everywhere being exported, but $1 they wont see. 4 Likes |
Re: Nigeria Gets $751.88 Million From Recently Approved World Bank Loan by Abaki5: 7:20pm On Jul 16 |
Loan is now Nigeria second resources aside oil chai If oil dry today what will happen to Nigeria? 3 Likes |
Re: Nigeria Gets $751.88 Million From Recently Approved World Bank Loan by ComrDaprince(m): 7:20pm On Jul 16 |
WHO WILL PAY 5 Likes |
Re: Nigeria Gets $751.88 Million From Recently Approved World Bank Loan by wilyparker(m): 7:20pm On Jul 16 |
Borrow money only to loot and stash in banks abroad... These IMF knows our politicians will loot the money keep their banks, so they do not see any problem borrowing these PoliThiefcians 1 Like |
Re: Nigeria Gets $751.88 Million From Recently Approved World Bank Loan by Saint99: 7:21pm On Jul 16 |
This people, they only understand only one means of revenue, LOAN 2 Likes |
Re: Nigeria Gets $751.88 Million From Recently Approved World Bank Loan by Etahi4: 7:22pm On Jul 16 |
God |
Re: Nigeria Gets $751.88 Million From Recently Approved World Bank Loan by 0001Lagos: 7:26pm On Jul 16 |
Government of loan 4 Likes |
Re: Nigeria Gets $751.88 Million From Recently Approved World Bank Loan by DMerciful(m): 7:26pm On Jul 16 |
50% will be looted! 6 Likes |
Re: Nigeria Gets $751.88 Million From Recently Approved World Bank Loan by Basicend: 7:26pm On Jul 16 |
Who or how do we intend to repay all the loans? Now that over 85% of crude oil sales revenue is used for debt servicing. Even the NNPCL could not allocate / disburse crude oil to Dangote refinery due to this complex availability / validity /almost sold out issues. We all know the new initiators of these loans will only allocate 50% appropriately and loot their own. So what is the fate of the coming govt after Tinubu? Same cycle; same corrupt pathways. 1 Like |
Re: Nigeria Gets $751.88 Million From Recently Approved World Bank Loan by Nkl4u: 7:29pm On Jul 16 |
I wonder how they are going to pay off these loans. We are in for a long ride 3 Likes |
Re: Nigeria Gets $751.88 Million From Recently Approved World Bank Loan by Dpharisee: 7:35pm On Jul 16 |
Borrow borrow does not make you rich 1 Like |
Re: Nigeria Gets $751.88 Million From Recently Approved World Bank Loan by Basicend: 7:35pm On Jul 16 |
Abaki5: |
Re: Nigeria Gets $751.88 Million From Recently Approved World Bank Loan by ImoleNaija: 7:35pm On Jul 16 |
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