Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,207,425 members, 7,998,986 topics. Date: Sunday, 10 November 2024 at 01:47 PM

Nigeria Considers $2.8 Billion External Loan For 2020 Budget - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Nigeria Considers $2.8 Billion External Loan For 2020 Budget (12660 Views)

Bill Gates Announces $2.8 Billion Investment In Nigeria / Buhari Seeks New N2.342tr External Loan / FG Seeks Fresh $247.3m External Loan (2) (3) (4)

(1) (2) (3) (4) (Reply) (Go Down)

Re: Nigeria Considers $2.8 Billion External Loan For 2020 Budget by Captainrambo2: 4:19am On Jan 18, 2020
Hmmm okay o


If Nigeria split who will pay? Biafra or arewa ? undecided
Re: Nigeria Considers $2.8 Billion External Loan For 2020 Budget by Jabioro: 4:23am On Jan 18, 2020
Is like the government has no revenue at home at all.Borrowing this borrowed that.Where is the trillion custom generate? FISR money nko, crude oil money nko..Ok I can't understood sir ,Sir you said! it's not enough to be embezzled..Sell us sir..yes sir...

3 Likes

Re: Nigeria Considers $2.8 Billion External Loan For 2020 Budget by allcomage: 4:23am On Jan 18, 2020
Any person hoping Nigeria shall be ok is a fool.

5 Likes

Re: Nigeria Considers $2.8 Billion External Loan For 2020 Budget by Judybash93(m): 4:28am On Jan 18, 2020
sweerychick:
By the time this this administration is through with us, Nigeria would be at auction on eBay, imagine our future debt

I'm scared as f
Re: Nigeria Considers $2.8 Billion External Loan For 2020 Budget by Judybash93(m): 4:30am On Jan 18, 2020
blessochampion:
This government is an example of

"One wrong step, can wreck a whole destiny"

This nation might soon be forgotten.

May God see us through.


Na to be Escape be the koko....
Re: Nigeria Considers $2.8 Billion External Loan For 2020 Budget by alexyanalysis(m): 4:38am On Jan 18, 2020
Which kind headline be this? "Billion billion"
Re: Nigeria Considers $2.8 Billion External Loan For 2020 Budget by Nobody: 4:39am On Jan 18, 2020
I don't know how we plan to pay these debts In the future the Lord help us sha undecided

(Singing)

I don't know what to do
I don't know what to do
undecided
Re: Nigeria Considers $2.8 Billion External Loan For 2020 Budget by YungMillionaire: 5:04am On Jan 18, 2020
cheesy cheesy cheesy cheesy
Re: Nigeria Considers $2.8 Billion External Loan For 2020 Budget by sulaak(m): 5:09am On Jan 18, 2020
Buhari would have nearly doubled Nigeria debt profile in 8 years, yet Nigeria economic productivity has failed to diversify or improved.


PDP: National Debt Profile 1999 to 2015 $61 billion (16 years )

APC: National Debt Profile 2015 to 2019 $82 billion(4 years)

APC: Estimation based on approval of $29 billion 2019 to 2023 $112 (4 Years).
Re: Nigeria Considers $2.8 Billion External Loan For 2020 Budget by pacodas: 5:10am On Jan 18, 2020
This government is just borrowing to fund their excesses. A sane government will cut down administrative costs and duplicate roles so that borrowed money will go into strictly capital projects.

What's the need for some duplicate agencies?
Why can't the presidency slash it's running cost by at least 50%?
Why can't the national assembly slash it's cost by 50%?
What's the need for minister for states?
Why can't the government implement open governance to curb corruption?

4 Likes

Re: Nigeria Considers $2.8 Billion External Loan For 2020 Budget by Nobody: 5:18am On Jan 18, 2020
Despite various accruing/ accrued funds/cut throat taxes?..
the redundant, clueless coupist is hell bent on sinking the damn shithole.

1 Like

Re: Nigeria Considers $2.8 Billion External Loan For 2020 Budget by Nobody: 5:19am On Jan 18, 2020
Nigeria name will soon turn to borrowgeria. Buhari always going cap in hand like a typical almajiri
Re: Nigeria Considers $2.8 Billion External Loan For 2020 Budget by Kingspin(m): 5:25am On Jan 18, 2020
Nigeria keeps borrowing in vain.

If Nigeria is a company collapsed long ago

1 Like

Re: Nigeria Considers $2.8 Billion External Loan For 2020 Budget by EmekaMD(m): 5:28am On Jan 18, 2020
For those who doesn't see anything wrong with all these reckless borrowing this is a question for you..

Why would Buhari borrow to fund renovation of a national assembly that doesn't need any renovations at all?

Why would he borrowed to maintain 10 presidential jets when all he does is share them to all his children whoever needs an airtrip

Why would he borrow to spend billions on the aso private clinics that he never ever uses?. His wife even told us it has no syringes in them.

Why would he borrow to budget billions of naira so that the "do nothing" senators could afford to buy billions worth of cars year in and year out?

Why would he keep borrowing out our collective destiny just to fund his expensive lifestyles?

If Buhari and the ruling class care about us why haven't they offered to cut down on their personal budgets? Why does feeding, travel, and all other personal budgets keep increasing despite making us believe that Nigeria is broke and needed all these external loans?

My resolve is that Buhari is yet another "jobberman" who sees his being in office as his opportunity to scam Nigerians and pack all he could before he leaves. He doesn't care about leaving us in huge depts, after all its Nigeria indebted at the end of the day and not Buhari or Yusuf.

I pledge to keep averting payments of any sort of tax that I could dodge. Nigeria and its rulers doesn't deserve it. And please don't come here to tell me about patriotism. Even the no one citizen isn't patriotic so don't expect that from me

4 Likes

Re: Nigeria Considers $2.8 Billion External Loan For 2020 Budget by tammie24: 5:29am On Jan 18, 2020
Never have they ever been on how to create or turn one million dollars to two million dollars

Always on how and where to borrow.

1 Like

Re: Nigeria Considers $2.8 Billion External Loan For 2020 Budget by Chijeep(m): 5:29am On Jan 18, 2020
We've heard oooo.
anyway, r u a female? do u resides in ilorin? do u need a job? can u wrk in a restaurant? if yes, den call me 07032604100
Re: Nigeria Considers $2.8 Billion External Loan For 2020 Budget by onac16: 6:03am On Jan 18, 2020
These people will condemn Nigeria to bankruptcy
Re: Nigeria Considers $2.8 Billion External Loan For 2020 Budget by Realroy: 6:07am On Jan 18, 2020
I thought DMO said this government did launch Nigeria into the kind of debt that was in the media, I hope DMO has not been hypnotized by Lying Mohammed
Re: Nigeria Considers $2.8 Billion External Loan For 2020 Budget by symbianDON(m): 6:08am On Jan 18, 2020
OBJ came and used diplomacy and all to clear our debts. The two after him have done all their best to plunge us right back into the abyss of debts. Issorite...no problem....continue....until we wake up one day and see Nigeria for sale on aliexpress.

1 Like

Re: Nigeria Considers $2.8 Billion External Loan For 2020 Budget by Nobody: 6:10am On Jan 18, 2020
Yankee101:
Very dumb govt

How can you finance a deficit budget every single year? Can't you try a balanced budget for once all derived from revenue?

Unborn innocent kids are on the hook for money they won't benefit

Last last your handle is the way forward
Re: Nigeria Considers $2.8 Billion External Loan For 2020 Budget by AuwalYusuf812(m): 6:11am On Jan 18, 2020
This man should may any money he borrow before he drop from office far. That is my own.
Re: Nigeria Considers $2.8 Billion External Loan For 2020 Budget by MajorWarren: 6:18am On Jan 18, 2020
whoever keeps loaning them these amounts need to loan us a new competent government cos, what the fvck!!!??

1 Like

Re: Nigeria Considers $2.8 Billion External Loan For 2020 Budget by toprealman: 6:19am On Jan 18, 2020
Is it that these scoundrels can't cut OUR coats according to our size?
Re: Nigeria Considers $2.8 Billion External Loan For 2020 Budget by Stepmom: 6:23am On Jan 18, 2020
Here is the latest tip how to grt override from the sitemap error
Which cause problem in indexing site
Continu ready here
https://faisalkhokhar.com/sitemap-could-not-be-read-in-new-gsc-how-to-solve-in-2020/
Re: Nigeria Considers $2.8 Billion External Loan For 2020 Budget by IMASTEX: 6:32am On Jan 18, 2020
Innoxxacs:
CREDIT ALERT: to continue servicing some lavish lifestyle.


Unfortunately, Me, you, and sadly our progeny.
It would have been better they sell the country outrightly instead of this tactical sell off. Meanwhile you don't have to pay for the loan they borrowed to spend on themselves. Na to change citizenship if water pass garri.

1 Like

Re: Nigeria Considers $2.8 Billion External Loan For 2020 Budget by OTayobami(m): 6:34am On Jan 18, 2020
pacodas:
This government is just borrowing to fund their excesses. A sane government will cut down administrative costs and duplicate roles so that borrowed money will go into strictly capital projects.

What's the need for some duplicate agencies?
Why can't the presidency slash it's running cost by at least 50%?
Why can't the national assembly slash it's cost by 50%?
What's the need for minister for states?
Why can't the government implement open governance to curb corruption?

Nooo! NASS members and the ministers are the people with 100 heads they must be worshipped even if it's at the expense of the country going oblivion, This cutting of governance cost system and the rest should have have been adopted since 2014 when signs of recession in the economy started showing Anyways the leaders they say, are the reflection of the people so what do you expect when everyone in the country is dumb(every single Nigerian given the opportunity to be in those positions will want to loot without considering the repercussions) by the time we finish asking ourselves this questions, the country might be at the brink of extinction

Re: Nigeria Considers $2.8 Billion External Loan For 2020 Budget by EMMANUELNATION(m): 6:37am On Jan 18, 2020
By the time they borrow real one level, 9ja go bcums d collateral
Re: Nigeria Considers $2.8 Billion External Loan For 2020 Budget by Antichristus: 6:40am On Jan 18, 2020
Nigeria and Nigerians truly DESERVE this man.
Re: Nigeria Considers $2.8 Billion External Loan For 2020 Budget by Nobody: 6:43am On Jan 18, 2020
The annoying part of this is that the money would be stolen...if only it could be used honestly in doing something reasonable... which at the end everyone will benefit from it and then will be able to pay back the loan....but dis is Nigeria.

(1) (2) (3) (4) (Reply)

President Buhari Joins Ramadan Tafsir, Prays For Peace And Justice / 100 Most Impactful NGOs And Donor Agencies To Be Unveiled At African NGO Festiva / Extremely Bad Portions On Lagos-badagry Road (pictures)

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 35
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.