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Nairaland Forum / Nairaland / General / Politics / Don’t Borrow Above $22 Billion – Debt Management Office Warns Buhari (10813 Views)
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Don’t Borrow Above $22 Billion – Debt Management Office Warns Buhari by CHIJIOKE1314: 6:00am On Oct 28, 2016 |
The Debt Management Office, DMO, has advised the Federal Government not to borrow above $22.08 billion in 2017. https://www.today.ng/business/203937/borrow-22-billion-dmo-tells-buhari
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Re: Don’t Borrow Above $22 Billion – Debt Management Office Warns Buhari by kinzation(m): 6:06am On Oct 28, 2016 |
hmmm...
If he borrows more than the stated amount,una go know..?
the amount he wants to borrow pray it survives the sectors of the economy... NAIJA BORROW BORROW. Make I run borrow matches from my Neighbor DONT TOUCH THIS SPACE BEWARE 8 Likes |
Re: Don’t Borrow Above $22 Billion – Debt Management Office Warns Buhari by kokosin: 6:06am On Oct 28, 2016 |
if buhari is a good leader he shld sell his cows and put d money in d treasury 51 Likes 1 Share |
Re: Don’t Borrow Above $22 Billion – Debt Management Office Warns Buhari by SamuelAnyawu(m): 6:09am On Oct 28, 2016 |
I'm not against Buhari borrowing, I'm only scared that 40% of that money might be used in clearing grasses 79 Likes 2 Shares
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Re: Don’t Borrow Above $22 Billion – Debt Management Office Warns Buhari by HabaSeun: 6:15am On Oct 28, 2016 |
SamuelAnyawu: Abi? There is actually nothing wrong with borrowing, the problem lies with what the borrowed fund will be used for and in this our naija we know where 70% of the money is going to. 8 Likes 1 Share |
Re: Don’t Borrow Above $22 Billion – Debt Management Office Warns Buhari by CHIJIOKE1314: 6:17am On Oct 28, 2016 |
Imagine, he didn't even consult the DMO before proposing to collect this loan.. He wakes up from sleep and asks one of his illiterates aids to prepare the proposal and off they go.. We are being ruled by a reputational MUMU... kokosin: 72 Likes 6 Shares |
Re: Don’t Borrow Above $22 Billion – Debt Management Office Warns Buhari by mrvitalis(m): 6:20am On Oct 28, 2016 |
Borrowing $100bn dollars is not the problem... if they are used for revenue generating projects that can pay off the loan no problem. .. Government should tell us which project each money is meant for and the feasibility study, tge revenue projections.. That's what the PDP and other partys should demand 7 Likes 1 Share |
Re: Don’t Borrow Above $22 Billion – Debt Management Office Warns Buhari by seunmsg(m): 6:21am On Oct 28, 2016 |
Even $22billion loan is still high and scary. The possibility of government officials mismanaging the funds is very high despite the ongoing war on corruption. If the loans would be obtained at all, it should be tied to specific developmental project like building rail lines, massive road construction and power plants. Borrowed funds should not be given to ministries to play with else, they will mismanage it as usual. 9 Likes 2 Shares |
Re: Don’t Borrow Above $22 Billion – Debt Management Office Warns Buhari by Generalkorex(m): 6:28am On Oct 28, 2016 |
Hope he listen |
Re: Don’t Borrow Above $22 Billion – Debt Management Office Warns Buhari by CHIJIOKE1314: 6:39am On Oct 28, 2016 |
mrvitalis: Which government are you referring? There is no government here.. Just one silly old mtherfvcka parading with his club of criminals running the event of our time.. Buhari is criminal who has come to steal and kill just like the biblical description of the devil.. He has nothing in his brain and nothing shall he offer.. Imagine the Idďiotic basťarď didn't even bother consulting or at least wait for DMO's advice before going ahead with his barbarian directive.. 27 Likes |
Re: Don’t Borrow Above $22 Billion – Debt Management Office Warns Buhari by AlwaysUltraPad: 6:43am On Oct 28, 2016 |
What! |
Re: Don’t Borrow Above $22 Billion – Debt Management Office Warns Buhari by Klamour: 6:44am On Oct 28, 2016 |
One wonders why a President would make plans to borrow money, send the proposal to the Senate for approval, while the DMO hasn't approved the plan. If the DMO is not in the know about this borrowing, how can they manage the debt? They may just be borrowing for 2019 elections anyway. Naija yaf finishhhh. 21 Likes 2 Shares |
Re: Don’t Borrow Above $22 Billion – Debt Management Office Warns Buhari by mrvitalis(m): 6:48am On Oct 28, 2016 |
CHIJIOKE1314:Read about perception n judgement u need to free up 2 Likes 1 Share |
Re: Don’t Borrow Above $22 Billion – Debt Management Office Warns Buhari by hungryboy(m): 6:49am On Oct 28, 2016 |
The dullard wan put Nigeria in eternal debt before we vote am out in 2019, All the trillions were him talk say him recover Him use am play football bet? 8 Likes |
Re: Don’t Borrow Above $22 Billion – Debt Management Office Warns Buhari by engrMikemd(m): 6:50am On Oct 28, 2016 |
let the blaming begin 1 Like |
Re: Don’t Borrow Above $22 Billion – Debt Management Office Warns Buhari by CHIJIOKE1314: 7:03am On Oct 28, 2016 |
mrvitalis: Why should I free up? Buhari is like tumor and you don't tackle cancerous tumor with Olive oil.. You apply the most dreaded solutions on the ''most dreaded'' conditions(surgery).. Surgery is the only solution to rid Nigeria of this monster president.. Quote me and WIN another response.. SMH 13 Likes |
Re: Don’t Borrow Above $22 Billion – Debt Management Office Warns Buhari by adconline(m): 7:07am On Oct 28, 2016 |
Without consulting DMO? This man is really a President Buhari propelled by Cabals. Where the critical areas of need? So we're going to put Naija to Paris Club era? Are we borrowing against our national assets to fund a consumption budget of 70% recurrent expenditure? 4 Likes |
Re: Don’t Borrow Above $22 Billion – Debt Management Office Warns Buhari by GoggleB(m): 7:09am On Oct 28, 2016 |
If Buhari continues acting like this without proper consultation Nigeria will soon be put up for sale on eBay 7 Likes |
Re: Don’t Borrow Above $22 Billion – Debt Management Office Warns Buhari by GoggleB(m): 7:11am On Oct 28, 2016 |
Buhari want to borrow money to do MMM so it can yield profit Na joke before zombies start to they quote me because I make fun of their dullard leader. 2 Likes |
Re: Don’t Borrow Above $22 Billion – Debt Management Office Warns Buhari by dunkem21(m): 7:12am On Oct 28, 2016 |
He didn't consult the DMO? .. ..Same reason 'Ambassadorial nominees rejected their slots 3 Likes |
Re: Don’t Borrow Above $22 Billion – Debt Management Office Warns Buhari by CHIJIOKE1314: 7:15am On Oct 28, 2016 |
mrvitalis: My friend, I just did a quick rundown on ur timeline to discover you are one of those I and other NL 'wailers' would love to tag a zombie but, I am never gonna call u a zombie today, ahh swear! ...but would definitely love to understand why I need to give Buhari more time to continue with this ghost dance.. Please, enlighten me.. 9 Likes |
Re: Don’t Borrow Above $22 Billion – Debt Management Office Warns Buhari by Nobody: 7:19am On Oct 28, 2016 |
Hmmmmmm First he came and said he wants emergency powers, they said NO Secondly he went back and came back that he wants to sell NLNG to his cronies, they said NO Now he came back that he wants to borrow the largest amount of money ever seen in the history of any African country Mr abokii agenda to finish Nigerians forever has many faces. This is one of the faces 9 Likes |
Re: Don’t Borrow Above $22 Billion – Debt Management Office Warns Buhari by CHIJIOKE1314: 7:27am On Oct 28, 2016 |
Uptil today Buhari and his crop of unrepentant illiterates has been very effective on one thing and on that ''one thing'' only; Failed promises.. He promised 'heaven on earth' during his boring campaign without any substance back in 2014 and out of bigotry adorned on Nigerians DNA, an illiterate Gworo molester became the president.. Now in 2016, after he failed and subsequently canceling and denying all his promises and not even fulfilling even a look-alike promise, he returned with the same Zombie rhythm of 'I will'(the same promises) in 2017.. Who wan wait? Now he wants to go borrow raw cash without consulting his fellow Zombies.. 4 Likes
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Re: Don’t Borrow Above $22 Billion – Debt Management Office Warns Buhari by omowolewa: 7:33am On Oct 28, 2016 |
Borrowing to improve productivity is welcomed but when its on petty things, my hand no dey (as if my opinon counts). |
Re: Don’t Borrow Above $22 Billion – Debt Management Office Warns Buhari by Agimor(m): 7:34am On Oct 28, 2016 |
I dedicate this to that moronic MOD that place abam on me both in politics and job vacancies section. Power indeed intoxicate..
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Re: Don’t Borrow Above $22 Billion – Debt Management Office Warns Buhari by CHIJIOKE1314: 7:47am On Oct 28, 2016 |
I am still staring by the thread waiting for the 'hailers' to come and explain to us why the dullard-in-chief keep making us to wail assiduously .. |
Re: Don’t Borrow Above $22 Billion – Debt Management Office Warns Buhari by mrvitalis(m): 8:01am On Oct 28, 2016 |
CHIJIOKE1314:The man has a 4 years term... . Give him 3 and half years atleast |
Re: Don’t Borrow Above $22 Billion – Debt Management Office Warns Buhari by Nobody: 8:34am On Oct 28, 2016 |
When barking up the wrong tree sounds serious... #BabaNowThatYouAreDeaf 1 Like |
Re: Don’t Borrow Above $22 Billion – Debt Management Office Warns Buhari by tolexy007(m): 8:35am On Oct 28, 2016 |
SamuelAnyawu: my thought actually... 1 Like |
Re: Don’t Borrow Above $22 Billion – Debt Management Office Warns Buhari by davodyguy: 8:37am On Oct 28, 2016 |
great Just a note of caution and not that we shouldn't borrow our way out of recession. |
Re: Don’t Borrow Above $22 Billion – Debt Management Office Warns Buhari by Iaeku50: 8:40am On Oct 28, 2016 |
Chai |
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