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Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB - Politics (4) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB (28487 Views)

NNPCL Fails To Remit $6.9 Billion, Swaps $7.1 Billion Worth Of Crude In One Year / Yemi Osinbajo Holds Meeting WithWorld Bank, IMF Representatives / Nigeria’s New $6.9 Billion Foreign Loan Application – A Case Of Necessary Evil? (2) (3) (4)

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Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by Emmanuel226(m): 7:23am On Apr 07, 2020
Make I do leave dis country self,we Don too borrow money,before Dem go come colonize us one day grin

2 Likes

Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by Agugbadin: 7:24am On Apr 07, 2020
NaijaRoyalty:
Government of borrow borrow .

They've borrowed from almost all the countries and financial institutions of the world yet, nothing to show for it.

This APC government is the worst Nigeria ever had...
So much incompetence.

You are right and I agree with you absolutely. Buhari lied to Nigerians that he will diversify our economy during his campaign but 5yrs after, our economy is still dependent on oil revenues and he has depleted our external reserves, borrowed and borrowed and still borrowing. He is the worst president Nigeria has ever had.

3 Likes

Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by Emmanuel226(m): 7:24am On Apr 07, 2020
fasho01:
By the time this government is done, Nigeria would have been sold and traded for by its debts
I thought as much

1 Like

Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by JudasNaCarrot: 7:25am On Apr 07, 2020
BlueDomera:
Hmmm Nigeria and borrowing.

Well guys it is well.

Let me say a declaration to nairalanders.

Believe and receive with faith.

Whoever will send money to this account number, will receive a blessing he or she never expect before the end of this month.

Believe and receive

You will become a multi millionaire before the year ending

Eco bank 2331191559

You no dey shame at all...

Tufiakwa!

2 Likes

Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by Emmanuel226(m): 7:25am On Apr 07, 2020
Emecunze:
This guys will borrow our future.. Very soon our borrowers will take over the country.. Then we will have no country of our own. grin grin
grin
Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by Nobody: 7:25am On Apr 07, 2020
Abacha loots? Why can't they used that!! Hmmmm

2 Likes

Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by EmekaBlue(m): 7:25am On Apr 07, 2020
y wont they keep borrowing when they pack abooki dumbos full govt.

yeye dey smell

1 Like

Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by Nobody: 7:26am On Apr 07, 2020
We don't want ooo. They will not serve the interest of the masses except for few foolish and useless individuals. Thieves I call them
Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by WarHorse1(m): 7:27am On Apr 07, 2020
ignis:
Let them keep borrowing forgetting that a borrower have no dignity in the eyes of the lender.

I pray we get colonized again pretty soon.

Touching and deep words

1 Like

Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by ogolad(m): 7:28am On Apr 07, 2020
All this financial institutions that lends money to nation's are not supposed to ask what the so call nation's are doing with this humungous amount they keep borrowing at the detriment of their country. This borrow borrow government want to borrowed our future ooo. May God help us

1 Like

Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by Nobody: 7:28am On Apr 07, 2020
A politician who steals is more deadlier than an armed robber. So before sentencing him to death. Look at the politicians. Was he a thief as a result of poor judgment and decisions of some one else in authority?
Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by nedekid: 7:29am On Apr 07, 2020
BlueDomera:
Hmmm Nigeria and borrowing.

Well guys it is well.

Let me say a declaration to nairalanders.

Believe and receive with faith.

Whoever will send money to this account number, will receive a blessing he or she never expect before the end of this month.

Believe and receive

You will become a multi millionaire before the year ending

Eco bank 2331191559
Lol. See levels.
It is allowed jare, if Nigeria can rag tesler boss, who are we?
Abeg who get 20k there, kindly wire this brother.
Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by nedekid: 7:30am On Apr 07, 2020
whytediamond:
As a Nation, we've refused to learn from history.

We repeat the same old mistake and expect a different result this time.

We go down the same old road expecting to arrive at a different destination.

Since we've refused to copy the templates of countries that wore same clothes like us in times past; we are not ready to go anywhere meaningful.

These countries have gone on to become giants in the global scheme of affairs, talking about China, Malaysia, Indonesia, Singapore, UAE, India and so many other smaller nations like Rwanda etc.

The templates they used, if applied here in Nigeria, will still work perfectly, but our leaders are too greedy, the masses are too lazy. The country cannot swallow its useless pride and shun religious and ethnic bias.

WE ARE NOT READY FOR PROGRESS.

I DEY VEX ALREADY.
Aboki na to chop all today, Allah go provide tomorrow. Lol
Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by TruthinAction: 7:30am On Apr 07, 2020
After borrowing, they will loot the money and collect it from the poor Nigerians through VAT. God will not forgive this government for gross inefficiency and insensitive to the plight of millions of suffering Nigerians.

2 Likes

Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by Nobody: 7:31am On Apr 07, 2020
They have always looked for an opportunity to borrow, even when it was not necessary, so I believe they just found one. Covik 1 9

1 Like

Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by ruffDiamond: 7:31am On Apr 07, 2020
Most of it will get stolen angry undecided

1 Like

Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by Hoodbilonia: 7:32am On Apr 07, 2020
We are cursed forever
Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by filawale(m): 7:32am On Apr 07, 2020
Wetin even remain in the country sef? They should kuku sell the country and share the money for the citizens.... Make everyone find his way
Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by brainhgeek(m): 7:33am On Apr 07, 2020
How can I stop paying tax please?

1 Like

Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by bamasite2: 7:34am On Apr 07, 2020
Jesu!

Despite the withdrawal from sovereign wealth fund?
Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by wink2015(m): 7:35am On Apr 07, 2020
NaijaRoyalty:
Government of borrow borrow .

They've borrowed from almost all the countries and financial institutions of the world yet, nothing to show for it.

This APC government is the worst Nigeria ever had...
So much incompetence.

Both pdp and apc perpetuated bad leadership.

Fixing the epileptic power supply in Nigeria should be the number one major objective of the federal government.

That will drive the economy to a better state.

Borrowing this huge amount without any sound economic foundation on ground will just be a white elephant or liken it to a man pouring water on empty basket.

The bottom line is that this borrowed money will be looted by senior government officials right there in the presence of President Buhari whose role is to sign the agreement with foreign bodies lending out this money.

The best option is for the three tiers of government in Nigeria ( federal, state and local) to cut the huge cost of governance.

The presidential system of government is too expensive coupled with the abundant corruption that flows with it by Nigeria 's politicians.

3 Likes

Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by LEBEfirstson: 7:35am On Apr 07, 2020
IF IM GIVING THE OPPORTUNITY TO RULE THIS COUNTRY, I GO START FROM GOWON FAMILY. DOWN TO BUHARI FAMILY! I SHALL EXECUTE ALL THE MEMBERS OF THE FAMILY TO CLEAR THE WHOLE MESS BECAUSE ITS TOO MUCH.
THEN AFTER I MUST HAVE FINISHED MY OWN, WHOEVER THAT TOOK OFFICE FROM ME CAN CHECK ANY WRONG DOING AND IF IM GUILTY TOO, LET THE PERSON EXECUTE ME WITH MY FAMILY AS WELL.

1 Like

Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by okokina16116: 7:36am On Apr 07, 2020
Hoodbilonia:
We are cursed forever
is your family and APC

1 Like

Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by Truthbites: 7:37am On Apr 07, 2020
Una stil leave this man for power...by 2023, Nigeria will be sold out...our generation in 500 years time can't pay the loan o. No soldiers to do the show?

2 Likes

Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by Champneys: 7:37am On Apr 07, 2020
Buhari olofo onigbese.
By the time this man is done with Nigeria, nah only desert go remain! angry

2 Likes

Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by barrypro: 7:38am On Apr 07, 2020
Na wa o! Hope dey dont loot the money
Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by Angelfrost(m): 7:39am On Apr 07, 2020
fasho01:
By the time this government is done, Nigeria would have been sold and traded for by its debts

Honestly, even if they didn't borrow, it still wouldn't make any difference... They will still be mediocre and backward.

A lot of nations perpetually borrow, but when you see the astonishing level of development, progress, and industrialization there, you will support their financial adventures... In our case, when borrowing, the nation doesn't grow meaningfully in any sector, when not borrowing, same scenario...

This shows insincerity and poor leadership... How can you borrow so much with consistency, yet can't even fix a single sector of the nation... If this is not a curse, then I don't know what else to call it!!!

I sincerely can't see this nation move forward as a democracy... It just can't happen!!! undecided

3 Likes

Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by Coronavirus1: 7:40am On Apr 07, 2020
NaijaRoyalty:


https://punchng.com/nigeria-to-borrow-6-9bn-from-world-bank-imf-afdb/
Nigeria borrow borrow every time thief thief when this go end after Nigeria don scatter be dat o
Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by hotseat: 7:40am On Apr 07, 2020
I pity anyone taking over the reins of power after the Arsehole Rock landlord exits by 2023. Please, no party should border contesting o. Just allow APC to stew in their juice until they beg to jettison power for good.

Buhari is an unmitigated calamity. He is a man who contested for three times and failed only to win a fourth attempt. One would have thought that he had everything mapped out to transform Nigeria for the better. He rode on the toga of what has turned out to be false integrity. Since 2015 when he came on board it has been tales of woes with no clear cut policies. Just fumbling along the way.
If he wasn't given the chance to rule, he would have been touted as "the best president Nigerian never had". Alas, the scales have fallen off our eyes. He has come to kill, steal and destroy every fabric of our national life.

One thing is sure: men's good deeds, they say, are written on water, bad deeds are written on brass.

BUHARI! HOW DO YOU WANT TO BE REMEMBERED?

3 Likes

Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by netflicks(m): 7:41am On Apr 07, 2020
I said it before that Nigeria is broke....dont expect payment for staying at home no body is paying any money...

They will still blame PDP after 8 years of milking the country's resources..the sooner we understand that this govt. Is shitty and has nothing to offer the better for us to start planning how to survive in the future...

3 Likes

Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by Arysexy(m): 7:41am On Apr 07, 2020
Borrow Borrow Govt.

Borrow from Pension fund Account

Borrow from China

Borrow from Sovereign wealth fund


Borrow from world Bank.


Yet they claim they are recovering looted fund.

They want to give Abacha looted fund to their crony.

Thieves

4 Likes 1 Share

Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by Bamibor: 7:42am On Apr 07, 2020
seedorfg:
I swear, buhari government will finish this country, when (APC) their are through with this country Sudan will be the greatest country to Nigeria.

Buhari government and signing of Billion and Trillion .

Fear God o ..

I suppose you mean south Sudan because sudan is already doing better than Nigeria.

Nigeria GDP per capita: $1,968.5

Sudan GDP per capita: $2,898

Many people really do not know how bad it is. Nigeria is in a state of emergency economically.

2 Likes

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