Acting President, Prof. Yemi Osinbajo, on Wednesday wrote the National Assembly, seeking approval to float another $500m Eurobond.


The request was contained in a letter he wrote the legislature in Abuja. At the House of Representatives, the Speaker, Mr. Yakubu Dogara, read Osinbajo’s letter to members during Wednesday’s plenary.

“The Act also provided for domestic borrowing of N1.1tn and external borrowing of N635.8bn in items 245 and 246, respectively. The Speaker may also wish to note that whilst the approved domestic borrowing has been fully incurred, the N635.8bn external borrowing has not been fully accessed.

“The external borrowing incurred to date consists of $600m from the African Development Bank and $1bn Eurobond from the international capital market only. Thus, based on the 2016 appropriation and applying the average exchange rate, there is headroom to access further international funds.”

http://www.newshelm.com/2017/02/acting-president-prof-yemi-osinbajo.html

I'd really love it if he could borrow more. That $500mill sounds too little.

Nigeria has a better chance at development under his leadership than ever before.

Borrow on, Mr. (Acting) President. We know you're capable.

There is nothing wrong in borrowing if it's for the betterment of Nigeria and Nigerians!

Carry on osinbajo

We are with you all the way

greatgod2012:
Ok

Waiting for your epistle

You can't make a few lines within 2mins

Morning sis

Be patriotic

sarrki:


Waiting for your epistle

You can't make a few lines within 2mins

Morning sis

Be patriotic

Sarrki, good morning!
I am patriotic, but I hate deception and lies of this APC party!

I really don't understand why osibande is borrowing that huge sum when buhari have stabilize the economy and made the naira very strong against the dollar.




Sai baba till 2045.

Wetin tinubu wan use $500 million do?

greatgod2012:
There is nothing wrong in borrowing if it's for the betterment of Nigeria and Nigerians!

Yes! but when its done by nigerian politicians, everything is wrong with it.

Oh oh, apc government and their useless noise making thing.

Very unserious people.

Vote out the senseless government.

BUHARI'S sin is winning one election out of four!

They gave him 3 blows, he gave them just one and they refuse to stop crying!

E ke ku ni!

Borrow borrow?

momentarylapse:


Borrow borrow?

Borrowing is not bad, but the government is just making noise without any sensible action.

kayzat:
BUHARI'S sin is winning one election out
of four!


They gave him 3 blows, he gave them just
one and they refuse to stop crying!


E ke ku ni!

Please what is this one saying?

na PMB teach m...


Mk e go borrow from Middlesbrough too

Already

Straight to Tinubu

wetin dey wan use am do ?

reasoning for borrowing is important to us.




+ In America ... ++
when someone post am cooking rice, dont know
how to go about it, You will see comments
like....
JENNIFER PUNS: wow that's nice...boil and
wash the rice first..
.
KARLA PONDI: nice of you, sweedy
.
WILLIAM_SCOTCH : .Bby just get your spices
and other ingredients, cook the meat first or get
a cornbeef or tell the chef to work it up...
.
.








++ In Nigeria... ++
when someone post am cooking rice, dont know
how to go about it, You will see comments
like....
Emeka Uku: U be ram o .. At your age u no sabbi
cook
.
Mrs Titilayo: nawa for girls nawa days o, u no
dey shame to post this kind thing at ur age??
.
Ojaekomo John Olayinka : just buy enough weed
& smoke , u will get the inspiration on hw 2 cook
it.
.
Gold la'posh : just passing oo..
.
Tosh Pokah : I just lost 60 pounds in one week,
try dis berrydrops..
.
Chukuma nnonso : go tell ya mama to teach you
how to cook na?
.
Uche Kalu: free mtn cheat now available. 20gig
for fifty naira. its real, call me on 0802218331....
.
Akpors kalu : see tolotolo like u, na fast food be
your office now
.
Olaide tayo : na yeye dey worry you
.
Odunayo tajudeen : come to my room let me
teach your how to cook..
.
James Okafor: how that one take affect the
price of fuel
.
Makinde Ade: Any BB charger available?
.
,
lols!!!!!
Africa why na,
Nigeria why na?

Tinubu has seen an opportunity to eat our national cake again ;DD. He must be d one telling Bubu's Drs to withhold his urinalysis and chest xray results

Nah to buy cas

OK na

WHO GO GUARANTEE THE LOAN WEY DEM WAN BORROW

Pls o, what about all the recovered loots? Where are they?

$500 million to further bubu treatment

chai mai country mai country....osunbande baba! Pls chop and pocket chumchim befor bubu come bk

What does e want to use that money for? Let him give us a break down of his intentions..If its for the interest of Nigerians, no qualms!!

Please sir, borrow the money from Yakubu's loots.

greatgod2012:




Sarrki, good morning!
I am patriotic, but I hate deception and lies of this APC party!

We are living in a World of parties dishing out alternative facts.

It is noted.