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Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB - Politics (5) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB (28244 Views)

NNPCL Fails To Remit $6.9 Billion, Swaps $7.1 Billion Worth Of Crude In One Year / Yemi Osinbajo Holds Meeting WithWorld Bank, IMF Representatives / Nigeria’s New $6.9 Billion Foreign Loan Application – A Case Of Necessary Evil? (2) (3) (4)

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Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by Angelfrost(m): 7:43am On Apr 07, 2020
BetBuilder365:


Oboy this your begging style is brutal
Just say you need help, stop playing wayo

Well, as guy man don try the normal begging, and nobody reason am, he gat modify format ni!!! grin

The average Nigerian has always been a sucker for religious declarations... That guy aza go see movements today. tongue

2 Likes

Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by Salisun(m): 7:44am On Apr 07, 2020
Abeg mak una no borrow

2 Likes

Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by okokina16116: 7:44am On Apr 07, 2020
APC, hm !!!

1 Like

Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by Deoboss(m): 7:46am On Apr 07, 2020
goldfish27:
i just hope this is also Audio if not, Nigeria is finished

Not audio as Nigeria is on the list of countries loans will be disbursed to including Italy which was in a financial mess before the Coronavirus made their problems mighty

1 Like

Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by Kingdomcome: 7:46am On Apr 07, 2020
Nigeria is really a joke country. When Nigeria will stop borrowing. This is really terrible. God save us in this daminable country called Nigeria.

3 Likes

Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by Deoboss(m): 7:47am On Apr 07, 2020
Salisun:
Abeg mak una no borrow

To late, signed already & awaiting disbursement which should arrive by May or latest June 2020
Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by Bambambiglo: 7:49am On Apr 07, 2020
yanabasee:
If the will borrow like this and use it for a good purpose, there'll be no problem.... But, borrowing it for corrupt politicians to loot it into their foreign accounts and then comping out to spill lies and audio projects is all nonsense......


No good hospitals....Basic amenities in Nigeria are rocket science....

I thought hausa fulani Muslims were not corrupt according to you people

3 Likes

Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by King44(m): 7:51am On Apr 07, 2020
E be like say me self wan borrow.
Abeg who go borrow me 100K?

If you fit borrow me 100K reply this message mbok make I drop accant number.

wink

PS: I no go return am ooh.

1 Like 1 Share

Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by Simeonuche(m): 7:56am On Apr 07, 2020
rovher:
Omo them wan finish us oooo
. Oga they have finish u already how will Nigeria pay all this lone How and when
Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by Nobody: 7:57am On Apr 07, 2020
AM SURE IMF CONDITION IS TO DEVALUE THE NAIRA. BY D WAY, DIS MINISTER BORROWS WAY TOO MUCH MONEY. loan is d only thing that comes out of her mouth anytime she is interviewed

3 Likes 1 Share

Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by King44(m): 8:00am On Apr 07, 2020
Bro the more you borrow in dollars the more the naira is losing value!
Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by osuofia2(m): 8:02am On Apr 07, 2020
Nigeria had a choice but they decided to vote this useless clown that have nothing to offer apart from medical care abroad.
Imagine how much debt we are pilling, during obj we were given debt relief now the cow is now taking us back to the days of IBB. God go punish you Mr fake intergrity.
From our sovereign wealth fund, NHIS, pensions fund, World Bank loan, IMF, Chinese loan, sukuk loan from Arab countries. When the dullard finishes with this country na sorry go remain.
The only thIng this Finance minster knows is just borrow, nothing else.

5 Likes

Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by akmath: 8:05am On Apr 07, 2020
NaijaRoyalty:
Government of borrow borrow .

They've borrowed from almost all the countries and financial institutions of the world yet, nothing to show for it.

This APC government is the worst Nigeria ever had...
So much incompetence.
You sure say no be hail Mary full of grace Baba de talk for here so?
Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by akmath: 8:07am On Apr 07, 2020
Simeonuche:
. Oga they have finish u already how will Nigeria pay all this lone How and when
Loan
Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by HRMK: 8:07am On Apr 07, 2020
NOR BE SAY NIGERIA WAN DIE INSIDE DEBT SO WEN ALL FUTURE GENERATIONS GO DEY SERVICE DEBT?NAWA OOH!
Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by Hoodbilonia: 8:11am On Apr 07, 2020
Ozwo
You dont know. Now u know
Face reality fool
okokina16116:
is your family and APC
Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by CreekCommando: 8:13am On Apr 07, 2020
In a region where begging is a culture, if one of them is elected to lead, he will be begging (borrowing) instead of using creative ideas to run the economy.

1 Like

Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by BABANGBALI: 8:15am On Apr 07, 2020
By the time Buhari and his useless government finish with this country, no child will like to be burned in Nigeria again. All of them will protest in heaven and say no to God

1 Like

Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by ddooskie(m): 8:15am On Apr 07, 2020
If Nigeria eventually splits, how will these debts be paid?

I think this is one of the reasons the powers that be are still making us stand as one but if we critically analyse issues, we are better off as standalone countries or better still independent regions, with that we wouldn't be as wasteful as the governments Nigeria has been having. lipsrsealed

1 Like

Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by BABANGBALI: 8:16am On Apr 07, 2020
CreekCommando:
In a region where begging is a culture, if one of them is elected to lead, he will be begging (borrowing) instead of using creative ideas to run the economy.
good talk
Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by Nobody: 8:19am On Apr 07, 2020
Macphenson:
That's the only thing this disaster of a President is good at.

Borrow
Borrow
Loan.


Buhari and his band of incompetent entities cannot put on their thinking cap for once.

Buhari came introduced TSA claiming to have saved trillions of Naira from implementing the TSA. The customs increased their duties, which resulted in Nigerians paying through their noses.
He claimed to have recovered billions looted through THE EFCC, even all the Abacha loot that were returned, we did not see them.

Buhari receive Abacha loot of about $300, squandered it in a very useless venture that has no economic value, and then went ahead to borrow $300 from another country.


He increased VAT from 5% to 7.5%, subjecting hapless Nigerians to another level of exploitation.

Now he has removed subsidy which means post Corona virus era, fuel price is going to be higher.


Buhari has borrowed from every available agency and country in the world. Does he even sit down and think of how those loans would be repayed?

Nigerian youths are we going to just sit down and fold our arms and watch this old man who is close to his grave keep creating disaster for us in future while we applaud and look in foolishness?

Buhari that spent #13B in ASO ROCK clinic right under his nose , yet couldn't provide ordinary paracetamol according to his wife shows that he is a terrible finance manager.

The question is what has he done with all these heavy funds?


For all those that foisted this calamity of a president, on hapless Nigerians, I hope one day you will all be able to explain to your generations how educated people elected a man who is not fit to be a WhatsApp administrator to rulena complex Nation like Nigeria , and how we all watched him wreck this Nation.


The most annoying thing is their bunch of hungry miscreants coming here to expose their foolishness by defending this failure personified, just because of a morsel, while their future is being mortgaged.

Buhari is not from nigeria so how these loans would be paid back is none of his business.
Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by gambia(m): 8:21am On Apr 07, 2020
Borrow borrow Government, The best thing is to leave this country, Nigeria is doomed for life.

1 Like

Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by maridrug(m): 8:23am On Apr 07, 2020
Doctor2020:
If the moneynis given to us, our leaders should please use it rightly.
I don't understand you o.
Has any funds been used rightly by our leaders?
Billions of funds are wasted on security, Boko Haram is having a higher level.
Relief packages can reveal who we have as leaders.
I am sorry for the youth section of this land.
We go suffer ehn .....
Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by DabuIIIT: 8:24am On Apr 07, 2020
That's the mentality of a certain people..no creativity,no thinking process,no intelligence,no dexterity,no hardwork. They don't grow or nurture. A they do is kill and divide,eat up the raw material and wait for the next...and always borrow from others who have laboured.............that's why a northern president, northerners can never get his,their eyes of what they see as easy money,oil.

1 Like

Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by Bizibi(m): 8:25am On Apr 07, 2020
Well, kudos to the president for making this move once again.
Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by armadeo(m): 8:28am On Apr 07, 2020
whytediamond:
As a Nation, we've refused to learn from history.

We repeat the same old mistake and expect a different result this time.

We go down the same old road expecting to arrive at a different destination.

Since we've refused to copy the templates of countries that wore same clothes like us in times past; we are not ready to go anywhere meaningful.

These countries have gone on to become giants in the global scheme of affairs, talking about China, Malaysia, Indonesia, Singapore, UAE, India and so many other smaller nations like Rwanda etc.

The templates they used, if applied here in Nigeria, will still work perfectly, but our leaders are too greedy, the masses are too lazy. The country cannot swallow its useless pride and shun religious and ethnic bias.

WE ARE NOT READY FOR PROGRESS.

I DEY VEX ALREADY.

Greedy leaders breed lazy masses..


The masses dont see the reasonntonwork hard when you can just get rich by winning an election .
Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by watchindelta(m): 8:31am On Apr 07, 2020
The painful thing since Nigeria they borrowed money nothing to showed for! If you borrow to make your country fine after a why it attracts foreigners to invest but Nigeria case now wash! Comon light no they self. Very wicked leaders.

1 Like

Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by Emmaskill(m): 8:35am On Apr 07, 2020
NaijaRoyalty:
Government of borrow borrow .

They've borrowed from almost all the countries and financial institutions of the world yet, nothing to show for it.

This APC government is the worst Nigeria ever had...
So much incompetence.
pls, make una help me wit anything before hunger will kill me.
3092391069
First bank
The God i serve will surely bless u as u do in Jesus name
Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by rovher: 8:36am On Apr 07, 2020
Simeonuche:
. Oga they have finish u already how will Nigeria pay all this lone How and when
Shebi na yankee u dey now ...
Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by ITbomb(m): 8:37am On Apr 07, 2020
Why dnt they cut down spending instead of borrowing to support their extravagant government

1 Like

Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by SoNature(m): 8:41am On Apr 07, 2020
whytediamond:
As a Nation, we've refused to learn from history.

We repeat the same old mistake and expect a different result this time.

We go down the same old road expecting to arrive at a different destination.

Since we've refused to copy the templates of countries that wore same clothes like us in times past; we are not ready to go anywhere meaningful.

These countries have gone on to become giants in the global scheme of affairs, talking about China, Malaysia, Indonesia, Singapore, UAE, India and so many other smaller nations like Rwanda etc.

The templates they used, if applied here in Nigeria, will still work perfectly, but our leaders are too greedy, the masses are too lazy. The country cannot swallow its useless pride and shun religious and ethnic bias.

WE ARE NOT READY FOR PROGRESS.
I DEY VEX ALREADY

You get anger to waste

Think less about Nigeria because she has no future

Our leaders already know that

Just work hard to lead a good life

Forget about this country - it's finished

1 Like

Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by Nobody: 8:49am On Apr 07, 2020
NaijaRoyalty:


https://punchng.com/nigeria-to-borrow-6-9bn-from-world-bank-imf-afdb/

The next generation will have nothing to live for. PMB has sold Nigeria completely. How can a country be living on debts?

1 Like

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