VampireeM:
The issue here isnt the intention of the loan which of course is very commendable but we all know this Nigeria and we are corrupt! The problem is some set of persons embezzeling our future for their own personal use and not held accountable for it! Maina and the pension scam comes to mind.

PMB may have good intentions but we dont want him mortgaging/gambling our future with this loan.. He should forget about the loan and go after past corrupt official esp the ones in APC, starting with Abba Kyari 500million grass cutting scam etc..

BTW, PMB and his govt has not told Nigerians in details how the money would be spent.. We all know this govt has no blueprint, just doing trial and error with us.

I am not in support of the Loan @least now

franciskaine:
go and do ur NIMC enrolment and stop over emphasising the issue of ID CARD. The loan is simply to help in infrastructure devt which will directly or indirectly aid in diversifying our economy. Every one wants diversification but none will consider the paucity of funds in diversifying. Unless we borrow, the infrastructural decay witnessed in Nigeria will continue for a long time. We need atleast 10,000mwt of electricity to bring us out of our power conundrum, where will the fund come from if not borrowing?

Rational Nigerians shouldn't be worried about the loan but on what it should be used for and proper implementation. Take for instance, we get the loan and proper implementation carried out in the area of power and rail network, I bet you, the cost of doing business in Nigeria will not only reduce but also enhance maximum productive inputs and attract FDI which will employ more and Nigerians and generate greater revenue for the govt.

Saintp:
Judging by how PMB carries himself, I wouldn't have believed that he can be interested in taking loans not to talk of a whooping $30 billion if someone had suggested it 2 years ago.

I would have thought that his focus would have been to drastically reduce the cost of governance even if it means sending a bill to the legislature that would force all tiers of govt to drastically
reduce their wicked allowance and security vote.
We need to explore all avenues to cut waste before talking about loan

PMB has not shown to be different from other politicians otherwise where exactly is the change?

kollynxofodile:
This is a country that doesn't have a database of it's Citizen.

If that 500b can be channelled into creating a unified and tamper proof ID card for Nigerians

The funny thing is that this Abokis will never agree to a real ID database of the Country,

dre11:


I quiet agree with the senators on this that the loan dispute should be brought to public for debate and the government should be ready to give a convincing reasons on why it needed to secure the loans and not just paraphrase.......





They promised to run an 'open and sincere" government..... so, let them convince us as the convince the populace for 'votes and change'

VampireeM:
The issue here isnt the intention of the loan which of course is very commendable but we all know this Nigeria and we are corrupt! The problem is some set of persons embezzeling our future for their own personal use and not held accountable for it! Maina and the pension scam comes to mind.

PMB may have good intentions but we dont want him mortgaging/gambling our future with this loan.. He should forget about the loan and go after past corrupt official esp the ones in APC, starting with Abba Kyari 500million grass cutting scam etc..

BTW, PMB and his govt has not told Nigerians in details how the money would be spent.. We all know this govt has no blueprint, just doing trial and error with us.

I am not in support of the Loan @least now

kollynxofodile:


Of course I have done the registration since eight months ago


Still waiting for their SMS

Ranks007:


Bros humble yourself and learn about the evil process western powers (international bankers) use to cripple the economy and resources of nations!

sammyj:
In as much as i don't like this fat selfish Sinators they are on point on this one. PMB and his team should put their acts together and do the needful!!!

femiero:
Let Buhari use the $90 billion he recovered from Deziani to fund whatever capital projects he wants to embark upon

OlujobaSamuel:
not so sure I get you bro, or you probably not get me. Kindly explain.
What my post means is that the executive should be ready to explain in details, the purpose of the loan to the general public.

femiero:
Let Buhari use the $90 billion he recovered from Deziani to fund whatever capital projects he wants to embark upon

franciskaine:
drastically reduce the allowance of govt officials in a democracy? That's nearly impossible in Nigeria with the attendant self-centred govt officials we have.

franciskaine:
go and do ur NIMC enrolment and stop over emphasising the issue of ID CARD. The loan is simply to help in infrastructure devt which will directly or indirectly aid in diversifying our economy. Every one wants diversification but none will consider the paucity of funds in diversifying. Unless we borrow, the infrastructural decay witnessed in Nigeria will continue for a long time. We need atleast 10,000mwt of electricity to bring us out of our power conundrum, where will the fund come from if not borrowing?

Ran't be worried about the loan but on what it should be used for and proper implementation. Take for instance, we get the loan and proper implementation carried out in the area of power and rail network, I bet you, the cost of doing business in Nigeria will not only reduce but also enhance maximum productive inputs and attract FDI which will employ more Nigerians and generate greater revenue for the govt. So far we are not borrowing to pay salaries but invest in infrastructure, then I'm in total support of it.

engrhorla:


Pls kindly name d infrastructures that will be developed

Also lecture us on what Nigerian budget is supposed to do

franciskaine:
so a budget of #6trn will fix the road, Power, rail deficit in Nigeria and also diversify our economy? U need think again.

franciskaine:
so a budget of #6trn will fix the road, Power, rail deficit in Nigeria and also diversify our economy? U need think again.

bishopjoe02:


do you know what is 6trillion, or do you think it is 6thousand. the 2016 budget that have already be exhausted show me the project it was used for.

what is the repayment plan for this loan.
when did infrastructure development now becomes economy diversification.

engrhorla:


So you mean these things will be initiated, planned, executed and commissioned in a year?
Do u av d faintest idea of years it took to finish Kad to Abj rail, do u knw how many years FG has been on east - west road, do u knw how many years Lag to Ib expressway has been expanded, do u knw how many years Ib to ilorin expressway took?

Do you?