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IMF May Approve Nigeria’s $3.4 Billion Loan Today - Politics (6) - Nairaland

Nairaland Forum / Nairaland / General / Politics / IMF May Approve Nigeria’s $3.4 Billion Loan Today (21786 Views)

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Re: IMF May Approve Nigeria’s $3.4 Billion Loan Today by tonsen44: 9:43am On Apr 28, 2020
I don't know why this IMF and other world donors don't ask questions and investigate how previous loans to Nigeria government was used.

They should stop giving Nigeria government money. .
Re: IMF May Approve Nigeria’s $3.4 Billion Loan Today by Kerfuffle: 9:44am On Apr 28, 2020
Must Nigeria sign loans chained with interest and bondage from head to toe!! Eventually putting the country in slavery and needless bondage. Can't you borrow from other organizations like OIC and borrow interest-free?

Anyways, how much was apportioned to resuscitate the economy, what is the palliative to be given to SMEs to the dying economy?

Hope our biggest drains; The presidency and the Legislative arms will accept a 60% pay cut or it's business as usual?

How much will be given to apportioned to hospitals (private and public alike) what is the budget to equip our labs, motivate and put our Chemists and Virologists to work. What is apportioned for trado-medical research? Yes, they are also very important. What will be apportioned to train and motivate our health workers?

How do you plan on funding Engineers, technicians and the Manufacturing capital of Nigeria, Aba to enable the swift collaboration and come up with custom-made testing kits and local ventilators to help Nigeria?

Nigerians need to ask critical questions, else by the time they all come asking for their loans, you'll collectively use your sweat, blood and resources to pay for a debt that will be squandered!!!
Re: IMF May Approve Nigeria’s $3.4 Billion Loan Today by bliztee(m): 9:45am On Apr 28, 2020
when the bushmeat go begin hunt the hunter, i no wan see anybody for my dommot cos i no go open door... grin grin
Re: IMF May Approve Nigeria’s $3.4 Billion Loan Today by MrBlock: 9:45am On Apr 28, 2020
Chikelue2000:
The only good thing I know dis administration for is constant borrowing......and some youths had d guts to call GEJ clueless.....let's see who is more clueless then.....click like for Buhari and share for GEJ

Grow up.

Click Like for Buhari or GEJ
Click Share for none of them

1 Like

Re: IMF May Approve Nigeria’s $3.4 Billion Loan Today by Openbusiness: 9:47am On Apr 28, 2020
helinues:
IMF are good in borrowing money to useless Leaders yet they care less about what they use the money for
Devaluation is usually part of IMF conditions. Zoohari government will soon turn it to $1 to N1,000. Hopeless government run by chronic thieves masquerading themselves as anti corruption fighters
Re: IMF May Approve Nigeria’s $3.4 Billion Loan Today by tonsen44: 9:47am On Apr 28, 2020
IMF SHOULD KNOW WHAT THE LOANS GIVING TO NIGERIAN GOVERNMENT WILL USED FOR.
SET UP NON GOVERNMENTAL ORGANIZATIONS TO EXECUTE THE PROJECT.
NIGERIAN GOVERNMENT IS A SCAM .

1 Like

Re: IMF May Approve Nigeria’s $3.4 Billion Loan Today by George2164(m): 9:48am On Apr 28, 2020
Our leaders have made us to look so little and deprived of Human Rights... Since they know that no one will dare to react and any group that react can be bought over.


It will really take a strong unadulterated revolution to pull out from the shackles of bad leadership.....

When will Nigerians be ready for this
Re: IMF May Approve Nigeria’s $3.4 Billion Loan Today by Bevista: 9:49am On Apr 28, 2020
rusher14:


They are using WHO?

Are they using WHO to drive home China's agenda of what?

What is WHO's budget

Is there ever a time Nigerians would leave conspiracies behind, roll up their sleeves and work?

Name one country on this planet that hasn't had its economy contracted by Covid-19?

Is Nigeria not suffering enough infrastructural deficit to face it head on?

When I say Nigerians are not productive many of you become defensive.

The few amongst you try to blame it on erratuc or nonexistent power supply.

When I suggest you find alternatives you claim it is government's responsibility.

When government decides to borrow to live up to their 'responsibility', you say they shouldn't be granted loans.

When you see railway functioning in a part of the country you aren't from, you become bitter.

When the government tries to borrow to provide railway in your region, you protest, writing to the funds managers asking them to turn down the request.

Isn't it time you asked yourself critical questions?
I'm sure you really think you sound smart. I will not dignify you with a response.

1 Like

Re: IMF May Approve Nigeria’s $3.4 Billion Loan Today by Lawkz(m): 9:57am On Apr 28, 2020
The total debt Nigeria owning the world currently is $33Billion and another borrow of $3.4Billion from IMF..smh Suicide Victims! of a Nation, Dumbshitx.
Re: IMF May Approve Nigeria’s $3.4 Billion Loan Today by umykal: 9:58am On Apr 28, 2020
Sweetpopcorn:

https://punchng.com/imf-may-approve-nigerias-3-4bn-loan-today/

Why is this present government only good at borrowing money?
Re: IMF May Approve Nigeria’s $3.4 Billion Loan Today by tonsen44: 10:04am On Apr 28, 2020
Nigerian government is a scam, IMF supposed to know this.
Why is IMF, AMERICA, COMMON WEALTH,EUROPEAN UNION, UNITED NATIONS giving money to thiefs. That is why Nigerians are in poverty, suffering, illiteracy, disease.Because the money and loans including the relief funds goes into wrong hands.
NIGERIA GOVERNMENT ARE WOLFS IN SHEEP CLOTHING.
GOD PLEASE HELP NIGERIANS,THE POOR MASSES. DIRECT OUR DESTINY HELPERS (WORLD DONORS) RIGHT.
IMF PLEASE ANY HELP FOR NIGERIANS SHOULD NOT GO TO RHE GOVERNMENT. LOOK FOR OTHER MEANS TO REACH NIGERIANS.
MY FELLOW NIGERIANS, LETS SHARE THIS MESSAGE. LET THE WORLD HEAR US. .
Re: IMF May Approve Nigeria’s $3.4 Billion Loan Today by Achorise: 10:05am On Apr 28, 2020
OriOko88:

They are majorly funded by rich super countries like the US, Germany, Japan, China,and the Netherlands. The Netherlands and Germany single handedly paid off the Greece debts. These are rich countries that fund both world bank nd IMF
wow!!
Thank you
Re: IMF May Approve Nigeria’s $3.4 Billion Loan Today by Achorise: 10:06am On Apr 28, 2020
Bevista:
Time to do some reading about the Rothschilds and Central Banking. Have you ever wondered why even rich countries like the US, UK, Japan, etc are highly indebted as well?

The system is a MATRIX. Presidents are puppets. The real rulers of the world are behind the scenes. They created the UN, WHO, IMF, World Bank, etc just to give their control game legitimacy. Can't you see how they're currently using the WHO to drive their agenda in every country?
Thank you so much.
Re: IMF May Approve Nigeria’s $3.4 Billion Loan Today by Lawkz(m): 10:08am On Apr 28, 2020
bcuz the Vp is no where to be found by the fulani caliphates, APC deceptors!
Re: IMF May Approve Nigeria’s $3.4 Billion Loan Today by maklelemakukula(m): 10:14am On Apr 28, 2020
SocialFinance:
The way imf was warning Nigeria about too much debt few months ago, you will think they really care and will never approve one for us.

However, they were only pained that Nigeria and Africa is turning to China instead of remaining imf slave forever. You will see how their narrative rhetoric will change digitally

I only hope punch - PDP and their Ipob miscreants will be happy now when the Taskmaster imf come up with usual conditionalities meant impoverished Africa
the Chinese are already enslaving your people, and it's the worst type of slavery
Re: IMF May Approve Nigeria’s $3.4 Billion Loan Today by gentlemate00: 10:18am On Apr 28, 2020
Re: IMF May Approve Nigeria’s $3.4 Billion Loan Today by Nobody: 10:23am On Apr 28, 2020
helinues:
IMF are good in lending money to useless Leaders yet they care less about what they use the money for


Why should they care, frankly?
What you should be very very worried about is the conditionalities attached to this loan and all other loans.
These loans are always with conditions that sap the soul of Africa- ensuring that social development: health, education, sports, culture never develops.
In Nigeria, the loans are always directed towards maintaining bogus and fake security in the Northern region, squelching any form of dissent/resistance/raised brows in the Eastern region and servicing debts, keeping mum with regards to a referendum (which the “free world” should be all for if intents were not dodgy) leading to a vicious cycle of debt and no development.
This country is just fodder for many people inside and out lipsrsealed. It would never be a real country so long as the status quo is maintained.

1 Like

Re: IMF May Approve Nigeria’s $3.4 Billion Loan Today by andrewtosin(m): 10:27am On Apr 28, 2020
GOFRONT:
Both the loaner and the Loanee are senseless
Or better still, both the lender and the lendee are senseless grin
Re: IMF May Approve Nigeria’s $3.4 Billion Loan Today by UKBobo(m): 10:30am On Apr 28, 2020
trutht828:
That means Buhari will have more money to spend and pay BMC. Expect mannabbgrills to start posting rubbish again very soon. He will start hailing every nonsense from Buhari after getting alert.


Forget that diseased bat meat grill vendor! His politics match the quality of his protein consumption

1 Like

Re: IMF May Approve Nigeria’s $3.4 Billion Loan Today by DEADALIVE: 10:30am On Apr 28, 2020
Esseite:
Does this IMF not ask questions about previous loans....

Or are they getting kickbacks on African loans?..
Simple truth if God gives life which is free, you are expected to give something back in return to be in a good relationship with Him...
For every loan collected , debt relieved someone is paying for it and one way or the other he gets something in return not necessarily cash but power or control over certain aspect of life.
Re: IMF May Approve Nigeria’s $3.4 Billion Loan Today by ddeola: 10:31am On Apr 28, 2020
Why won't IMF approve? Are they not the agent of the west in drowning African countries and continue slavery ? undecided undecided undecided undecided undecided undecided undecided undecided

The borrower is a servant to the lender, even the Bible says so. sad sad sad sad sad sad sad sad sad sad
Re: IMF May Approve Nigeria’s $3.4 Billion Loan Today by zudozz: 10:42am On Apr 28, 2020
God let it not work ps, may they not approve it!
Re: IMF May Approve Nigeria’s $3.4 Billion Loan Today by Breakinglimit: 11:20am On Apr 28, 2020
Late General Abba Kyari has missed this money grin
Re: IMF May Approve Nigeria’s $3.4 Billion Loan Today by ideaz: 11:20am On Apr 28, 2020
It's happening already.

Lend them money and control their policies. How much say does a borrower has over his lender.

If only the borrower is sensible he would invest the money and quickly pay back to keep his respect otherwise, his children become slaves from birth.
Re: IMF May Approve Nigeria’s $3.4 Billion Loan Today by Truthbites: 11:27am On Apr 28, 2020
Shattuck:
the giver lends the receiver borrows


Thanks Genius

1 Like

Re: IMF May Approve Nigeria’s $3.4 Billion Loan Today by DisGuy: 12:12pm On Apr 28, 2020
Esseite:
Does this IMF not ask questions about previous loans....

Or are they getting kickbacks on African loans?..

We borrowed money from IMF before?
When, how much?
Re: IMF May Approve Nigeria’s $3.4 Billion Loan Today by Bizibi(m): 12:17pm On Apr 28, 2020
I hope devaluation is not in the deal.....
Re: IMF May Approve Nigeria’s $3.4 Billion Loan Today by Bizibi(m): 12:21pm On Apr 28, 2020
rusher14:


They are using WHO?

Are they using WHO to drive home China's agenda of what?

What is WHO's budget

Is there ever a time Nigerians would leave conspiracies behind, roll up their sleeves and work?

Name one country on this planet that hasn't had its economy contracted by Covid-19?

Is Nigeria not suffering enough infrastructural deficit to face it head on?

When I say Nigerians are not productive many of you become defensive.

The few amongst you try to blame it on erratic or nonexistent power supply.

When I suggest you find alternatives you claim it is government's responsibility.

When government decides to borrow to live up to their 'responsibility', you say they shouldn't be granted loans.

When you see railway functioning in a part of the country you aren't from, you become bitter.

When the government tries to borrow to provide railway in your region, you protest, writing to the funds managers asking them to turn down the request.

Isn't it time you asked yourself critical questions?
have you asked questions on what they did with the previous ones they borrowed and don't give me that stupid reply of building infrastructures.

If you can't ask on how they spent 11trn in 5 years then keep quiet and take the back seat.
Re: IMF May Approve Nigeria’s $3.4 Billion Loan Today by Nobody: 12:25pm On Apr 28, 2020
I never thought a day would come when I have to beg online but situations have pushed me hence my actions. Please anyone with the heart to help i need to buy garri, sugar and a few things in ma house am completely empty. 0200944770 GtBank. Thanks already and God bless.

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