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Nairaland Forum / Nairaland / General / Politics / Nigeria To Repay IMF $3.4bn In 5 Years (22192 Views)
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Nigeria To Repay IMF $3.4bn In 5 Years by Racoon(m): 8:02pm On May 01, 2020 |
A day after the International Monetary Fund (IMF) granted Nigeria’s request for a $3.4 billion emergency fund, the federal government has said that it is a flexible loan, which will be repaid in five years at one per cent interestrate. https://leadership.ng/2020/04/30/nigeria-to-repay-imf-3-4bn-in-5-years/ 1 Like
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Re: Nigeria To Repay IMF $3.4bn In 5 Years by Corporate2020: 8:04pm On May 01, 2020 |
Please borrow more Buhari and complete Lagos-Ibadan Expressway, Lagos-Abeokuta-Ibadan-Ilorin-Kano Railway and the 2nd Niger Bridge which Goatluck Jonaddaft commissioned on the drawing board and name it Muhammadu Buhari 2nd Niger Bridge. Also start the Lagos-Calabar Eastern Corridor Railway. When the next looter comes in as President, he will be paying the loans and there will be little to loot while Nigerians will be enjoying the infrastructure built with the loans. 45 Likes 9 Shares |
Re: Nigeria To Repay IMF $3.4bn In 5 Years by Racoon(m): 8:04pm On May 01, 2020 |
The APC initially lied that there was no conditions attached.Zombies believed & swallowed it hook line & sinker.Later same govt made a volte face & left them speechless.Government of lies full of liars and for the gullible. 109 Likes 11 Shares
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Re: Nigeria To Repay IMF $3.4bn In 5 Years by Yenefer(f): 8:04pm On May 01, 2020 |
I guess When the Chinese pay us the 200billion dollars we sued them cus of Covid19 15 Likes 1 Share |
Re: Nigeria To Repay IMF $3.4bn In 5 Years by helinues: 8:05pm On May 01, 2020 |
Re: Nigeria To Repay IMF $3.4bn In 5 Years by Sinerman: 8:05pm On May 01, 2020 |
Yenefer: Wait for it well well o. 16 Likes |
Re: Nigeria To Repay IMF $3.4bn In 5 Years by Racoon(m): 8:06pm On May 01, 2020 |
Stalwert: https://www.google.com/amp/s/www.thecable.ng/its-a-loan-zainab-ahmed-clarifies-imfs-3-4bn-facility/amp Even insulting people that are in the know than you.Guess you've heard now? You lots must get sense by force & be deliver from the spirit of zombiesm. 61 Likes 3 Shares |
Re: Nigeria To Repay IMF $3.4bn In 5 Years by Racoon(m): 8:07pm On May 01, 2020 |
helinues:Talk! Guess you lots know how to defend the lies and stupidity of the lying government? 32 Likes |
Re: Nigeria To Repay IMF $3.4bn In 5 Years by Corporate2020: 8:08pm On May 01, 2020 |
Racoon: Go and collect your own loan at IMF. 4 Likes 1 Share |
Re: Nigeria To Repay IMF $3.4bn In 5 Years by Nobody: 8:09pm On May 01, 2020 |
Sooner or later the Bailiffs will come and claim Nigeria. 34 Likes 3 Shares |
Re: Nigeria To Repay IMF $3.4bn In 5 Years by daresma77: 8:11pm On May 01, 2020 |
May Almighty God Help us for this country
Just Negodu 7 Likes |
Re: Nigeria To Repay IMF $3.4bn In 5 Years by Racoon(m): 8:13pm On May 01, 2020 |
Corporate2020:I dont need it because I'm not running a clueless and rudderless economic venture like the useless govt that is mortgaging Nigeria into eternal indebtedness. Debt servicing is not a sound economic thing to do in this era of global economic meltdown.Generations will suffer to pay this debts. 62 Likes 4 Shares |
Re: Nigeria To Repay IMF $3.4bn In 5 Years by helinues: 8:26pm On May 01, 2020 |
Racoon: My broda, time na money oo |
Re: Nigeria To Repay IMF $3.4bn In 5 Years by Blue3k(m): 8:27pm On May 01, 2020 |
Nigeria politicans tell pointless and foolish lies. Why would they claim this a grant like this information isn't publicly available. 19 Likes |
Re: Nigeria To Repay IMF $3.4bn In 5 Years by Racoon(m): 8:29pm On May 01, 2020 |
So what is the Nigeria's cumulative debts now? May God and Nigerians deliver themselves from these rogues that are putting economic slavery chain on our necks & the generation that will come after us. 1 Like |
Re: Nigeria To Repay IMF $3.4bn In 5 Years by cRobo: 8:45pm On May 01, 2020 |
I won't say a word |
Re: Nigeria To Repay IMF $3.4bn In 5 Years by Abaman001(m): 8:45pm On May 01, 2020 |
Can anything good come out of Nigeria.[code][/code] 2 Likes |
Re: Nigeria To Repay IMF $3.4bn In 5 Years by seanjy4konji: 8:45pm On May 01, 2020 |
Kwantunue.. Just kwantinue All the loan and sale of crude and every every. How it take reach this side for decades? Just kwantinue. God don give up,he did not send any guardian Angel..he just kukuma send corona.. I hope he is loyal and legit to finish this job he as being appointed ted to do..no bribery collected like magu Like a thief in the night he will come so say the holy book.to kill and destroy..nothing to steal..just destroy evil leaders for us. 3 Likes |
Re: Nigeria To Repay IMF $3.4bn In 5 Years by dipopooo(m): 8:45pm On May 01, 2020 |
make IMF kuku buy Nigeria 3 Likes |
Re: Nigeria To Repay IMF $3.4bn In 5 Years by LandMann: 8:46pm On May 01, 2020 |
A loan that is going to be used to pay salary and fund consumption... This is going to end in tears unless something drastic happen. IMF loan is the first rope that goes around a country's neck before inflation and other negative indices kick off the stool and leave the country hanging by it's neck, fighting and losing every last breath within its soul. Nigerians brace up, trying times are here again. Embrace and support your country and its products. 14 Likes |
Re: Nigeria To Repay IMF $3.4bn In 5 Years by StrikeBack(m): 8:46pm On May 01, 2020 |
Money wey we no go ever account for, by then bubu go don comot.. another southerner go bear the wahala. God help me. I'll **** one of them soon 1 Like |
Re: Nigeria To Repay IMF $3.4bn In 5 Years by Craaaa: 8:46pm On May 01, 2020 |
If I hear say dey pay this money. No be dis govt go pay am sha. Dem go leave am for the next govt. 1 Like |
Re: Nigeria To Repay IMF $3.4bn In 5 Years by Abidob(m): 8:46pm On May 01, 2020 |
God help us |
Re: Nigeria To Repay IMF $3.4bn In 5 Years by Pr0cter: 8:46pm On May 01, 2020 |
Funny enough it's the next administration after Buhari that will carry this burden. 5 Likes |
Re: Nigeria To Repay IMF $3.4bn In 5 Years by amrichy(m): 8:46pm On May 01, 2020 |
For those that have the answer(s), here is what I'm curious to know: what happens if Nigeria fails to repay the loan as at when due? What penalties are attached to defaulting the payment? 4 Likes 2 Shares |
Re: Nigeria To Repay IMF $3.4bn In 5 Years by bolaayenimo: 8:46pm On May 01, 2020 |
So if PDP wins in 2023, they will pay all these debt? 5 Likes 1 Share |
Re: Nigeria To Repay IMF $3.4bn In 5 Years by Elslim: 8:46pm On May 01, 2020 |
We are nothing but pencil in the hands of the creator 1 Like |
Re: Nigeria To Repay IMF $3.4bn In 5 Years by Kemimarch16(f): 8:47pm On May 01, 2020 |
I'm just tired of this country |
Re: Nigeria To Repay IMF $3.4bn In 5 Years by Factfinder1(m): 8:47pm On May 01, 2020 |
Debt for the next administration 6 Likes |
Re: Nigeria To Repay IMF $3.4bn In 5 Years by Trailblazer1(m): 8:47pm On May 01, 2020 |
Buhari and his co-looters have squandered our Commonwealth accumulated by previous regimes and now leaving a legacy of debt for the next generation He must pay up the debt before vacating office 15 Likes 1 Share |
Re: Nigeria To Repay IMF $3.4bn In 5 Years by sLentlover7778(m): 8:47pm On May 01, 2020 |
Before 5years go come, I go don become Canada citizen.. No be for mouth ooo everything don set.. 6 Likes |
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