TrainingCEOs:
they have choped our recovered loots. Suzan404 have you wake, come and see. Julietcutie

4nobody4every1:

Taeewo:
Minister of Finance, Mrs. Kemi Adeosun
Oyetunji Abioye with agency report

The Federal Government has approved plans for external loans from the World Bank, China and Japan.

It specifically said Nigeria would take loans from institutions such as the World Bank, African Development Bank, Japan International Cooperation Agency, and Export-Import Bank of China, Bloomberg reported on Thursday.

This will include low-cost and long-term loans with interest rates of 1.25 per cent and maturity of 20 years, according to comments posted on its Twitter.

The Federal Government said that details of a proposed Eurobond due later this year would be announced “in due course.”

According to the Presidency, the government is now waiting for lawmakers to approve the plans.

President Muhammadu Buhari had announced a N6.1tn ($19.4bn) spending plan aimed at stimulating the economy this year. The economy contracted in the first two quarters as oil revenue plunged.

Buhari said he expected the Federal Government to raise about $5bn from the Eurobond market and multilateral and bilateral lenders.

The Debt Management Office had last month asked banks to place bids by September 19 if they wished to manage a $1bn Eurobond sale.

The Minister of Finance, Mrs. Kemi Adeosun, told bond investors in London in June that Nigeria was close to securing about $3bn of funding from the World Bank and African Development Bank.

Nigeria had issued dollar bonds twice, the last time in 2013. Yields on its $500m of securities due in July 2023 fell 11 basis points to 6.24 per cent, their lowest level since June 2015 and down more than 300 basis points since hitting a record 9.4 per cent on January 18, Bloomberg reported.

http://punchng.com/fg-okays-loans-world-bank-china-japan/

sukkot:
bros wetin awon boys go hold for this friday na ? wetin you chop remain for awon boys na

Here in Jupiter where l reside reading the scrolls and preparing for the coming of the Messiah, l am on sackcloth, ashes and feeding on honey

4nobody4every1:
Here in Jupiter where l reside reading the scrolls and preparing for the coming of the Messiah, l am on sackcloth, ashes and feeding on honey

donbenedict:
I just pray dis loan will not be looted.

suzan404:
Make dem return am oo

frenchwine:
China too? What happened to our currency swap deal? That one too has failed to see the light of the day just like many other policies of this government.

belonare:
They want to throw our children and grandchildren in debt

Flets:
This is a country that was the biggest economy in Africa less than 15 months back
This is a country that had unprecedented FDI inflow
This is a country that had significant investors (foreign and local) blowing hot in many sectors
This is a country that had relative peace in the Niger Delta and stable crude productions and sales

And a man came forward, implemented TSA, took war to the Nigerdelta, divided Nigeria into the 97% and 5% regions, tightened FX cash flow, frightened investors, gallivanted the globe telling the world how useless an corrupt Nigerians were, went after his political enemies, refused to provide an economic blueprint, murdered Shiites and IPOB, sponsored herdsmen, conducted inconclusive elections, created high level forex corruption platform for his northern elites, took nepotism and extremism to a brand new height ....... and in less than 15 months reduced a once hitherto promising economy/ nation to the mockery of all nations.

Now he stupidly comes back to tell Nigerians that the change he carefully destroyed begins with them. And we now have to borrow funds that will enslave our kids for many years to come just because we have an illiterate, undiscerning, old, evil and nomadic president.

May the lot who knew better but still took the path of tribalism to vote in the sufferings we are experiencing today never find things easy in a long time.

Flets:
This is a country that was the biggest economy in Africa less than 15 months back (How do you measure an economy? By production, which then guarantees stable income. Please tell us what Nigeria was producing apart from Oil and Cement, that made it the biggest economy in Africa?)

This is a country that had unprecedented FDI inflow ( Which FDI inflow? Hedge Funds using your Stock Exchange for gambling? Remember that they satrted moving out their funds way back Nov 2014 when they saw the handwriting on the wall, one of which was NOI budgeting to borrow =N=1 trillion to pay FG salaries)

This is a country that had significant investors (foreign and local) blowing hot in many sectors (Pls name the significant investors. Foreign investors were raping us & Local investors were playing around with slush funds, thats why 1 man like Ben Murray Bruce can be owing Union Bank =N=11 billion. Multiply that by the other so called big men in Nigeria & see the damage we had done to ourselves before now)

This is a country that had relative peace in the Niger Delta and stable crude productions and sales (You had FALSE relative peace because (1) 25% of our oil was bn stolen by the militants and their protectors & (2) Tompolo was buying warships and was given the security and Tax collection of Niger Delta water ways by NIMASA, so, how was the criminal meant to report criminal activities perpetuated by himself)

And a man came forward, implemented TSA, took war to the Nigerdelta, divided Nigeria into the 97% and 5% regions, tightened FX cash flow, frightened investors, gallivanted the globe telling the world how useless an corrupt Nigerians were, went after his political enemies, refused to provide an economic blueprint, murdered Shiites and IPOB, sponsored herdsmen, conducted inconclusive elections, created high level forex corruption platform for his northern elites, took nepotism and extremism to a brand new height ....... and in less than 15 months reduced a once hitherto promising economy/ nation to the mockery of all nations. (TSA is one of the best things to happen in Nigeria to curb stealing & it has shown how the banks were hiding away money for civil servants. BAnks were declaring =N=100 billion profits but the other sectors of the economy they were meant to be servicing were dying. How do you reconcile that. TSA is wonderful!. FX is demand and supply. There is no supply becos you are not selling oil becos NDA are blowing pipelins, s, we shall all suffer it together. @globetrotting: You have to identify that the countries PMB has visited are strategic. Dubai; Qatar; U.K; Equatorial Guinea; USA....signed MOUs on recovery of stolen money. U.K has put their own recovery into motion and you shall see the results soon.)

Now he stupidly comes back to tell Nigerians that the change he carefully destroyed begins with them. And we now have to borrow funds that will enslave our kids for many years to come just because we have an illiterate, undiscerning, old, evil and nomadic president.

May the lot who knew better but still took the path of tribalism to vote in the sufferings we are experiencing today never find things easy in a long time.

donbenedict:
I just pray dis loan will not be looted.

jesse8048:
Government of borrowing. What happened to the billions recovered from looters, ghost workers and TSA. Where are on a long thing in dis country.

Flets:
This is a country that was the biggest economy in Africa less than 15 months back
This is a country that had unprecedented FDI inflow
This is a country that had significant investors (foreign and local) blowing hot in many sectors
This is a country that had relative peace in the Niger Delta and stable crude productions and sales

And a man came forward, implemented TSA, took war to the Nigerdelta, divided Nigeria into the 97% and 5% regions, tightened FX cash flow, frightened investors, gallivanted the globe telling the world how useless an corrupt Nigerians were, went after his political enemies, refused to provide an economic blueprint, murdered Shiites and IPOB, sponsored herdsmen, conducted inconclusive elections, created high level forex corruption platform for his northern elites, took nepotism and extremism to a brand new height ....... and in less than 15 months reduced a once hitherto promising economy/ nation to the mockery of all nations.

Now he stupidly comes back to tell Nigerians that the change he carefully destroyed begins with them. And we now have to borrow funds that will enslave our kids for many years to come just because we have an illiterate, undiscerning, old, evil and nomadic president.

May the lot who knew better but still took the path of tribalism to vote in the sufferings we are experiencing today never find things easy in a long time.

Flets:
This is a country that was the biggest economy in Africa less than 15 months back
This is a country that had unprecedented FDI inflow
This is a country that had significant investors (foreign and local) blowing hot in many sectors
This is a country that had relative peace in the Niger Delta and stable crude productions and sales

And a man came forward, implemented TSA, took war to the Nigerdelta, divided Nigeria into the 97% and 5% regions, tightened FX cash flow, frightened investors, gallivanted the globe telling the world how useless an corrupt Nigerians were, went after his political enemies, refused to provide an economic blueprint, murdered Shiites and IPOB, sponsored herdsmen, conducted inconclusive elections, created high level forex corruption platform for his northern elites, took nepotism and extremism to a brand new height ....... and in less than 15 months reduced a once hitherto promising economy/ nation to the mockery of all nations.

Now he stupidly comes back to tell Nigerians that the change he carefully destroyed begins with them. And we now have to borrow funds that will enslave our kids for many years to come just because we have an illiterate, undiscerning, old, evil and nomadic president.

May the lot who knew better but still took the path of tribalism to vote in the sufferings we are experiencing today never find things easy in a long time.