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Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB - Politics (7) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB (28240 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 Kolping: 10:43am On Apr 07, 2020
Rothschild pays for Suez Canal
Benjamin Disraeli (Prime Minister, 1868; 1874-1880)and his cabinet discuss the merits of buying a controlling share in the Suez Canal, and he asks his good friend Baron Rothschild to finance the purchase. 1875. From the Granada series 'Disraeli'.

Disraeli's aide: "...He needs the sum of Four Million Pounds. By tomorrow."
Baron Rothschild: "And what is your security?"
Disraeli's aide: "The British Government."




https://www.youtube.com/watch?v=heEUMXmeHI8
Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by Nobody: 10:52am On Apr 07, 2020
BetBuilder365:


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

He needs the prayer more
Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by Shattuck(m): 10:55am On Apr 07, 2020
sulaak:




The quote below is from Abba Kyari, from the book by Karl Maier: "This House Fallen: Nigeria in Crisis.












Nigeria has allocated all the national debts on paying salaries and imports or in another word consumption.

really shameful,the way they act as though we are all in this together,like we share the same realities the relationship between Nigerian govt and her citizens has always been a parasitic one,we sacrifice everything just so they could have the dream life.it has never been the other way round

1 Like

Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by DedeNkem: 11:17am 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.

Both APC and PDP are filled with the same thieves and idiots!

1 Like

Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by Mccullum: 11:19am On Apr 07, 2020
sulaak:


They linked borrowing to profitable investment in factories and manufacturing. The factories paid for infrastructures and paid back the lenders.

We need to start questioning the capabilities and competence of The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed.


fantastic.... I appreciate
Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by MondayOsunbor(m): 11:40am On Apr 07, 2020
NaijaRoyalty:


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

Nigeria run the most expensive senate in the world why not get rid of it ? the govenment is bloated i remember buhari advising jonathan that his government is too big ?

here we have buhari as the president still we are struggling ?
Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by waleecity: 12:02pm On Apr 07, 2020
Stay safe borrow
Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by ghettochild(m): 12:24pm On Apr 07, 2020
Why this bodies sef they give Nigeria loan knowing they will still suffer country people dem
Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by SAMIC03(m): 12:27pm On Apr 07, 2020
Nigeria and borrowing...

Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by shekhaz(f): 12:27pm On Apr 07, 2020
Ayam not understanding again sad shocked how can we borrow so much when the world economies are preparing for recession?
Who are the financial analysts working with this clueless government?
We are still struggling with where they have put us. Yet they wish they to add more burden.
Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by Nobody: 12:47pm 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.

Nigeria is dead because the people in it can never be one. - A.A. Bello

Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by TheAlchemist: 1:25pm On Apr 07, 2020
Aboguede:
This was all the so called evil westerners wanted

To make nations indebted to them once more

Imagine 3.5b usd to enter 9ja only in 6 weeks

Oyibo na thiefs



If u know u know


Why 6 weeks can't Cbn use the international ussd code and get it zapped into their account in a minute
Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by Yankee101: 1:31pm On Apr 07, 2020
Dem don start
Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by Coquinoqui: 1:49pm On Apr 07, 2020
Nigeria is a waste of geographical area infact Nigeria is a mistake
Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by abujoe: 2:43pm On Apr 07, 2020
this gvt is so clueless, incompetent and useless.
Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by adekanmbi1986(m): 2:47pm On Apr 07, 2020
They should sell this country please....
Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by Nobody: 2:48pm On Apr 07, 2020
Nobody agreed to lend them money again.
They boasted they won't patronize IMF and world bank.
Now, they want to pick their vomit.


Oil price is very low.
Money made from oil can't even service their debt yet they are still bent on borrowing more.

Welfare govt that don't know what it means to run welfarism.

One day, IMF will also say no.
Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by Longman8: 3:15pm On Apr 07, 2020
Intermittent borrowing without any positive value in the country. Borrow and share politic.
Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by Legendguru: 3:26pm On Apr 07, 2020
Ye for what again clueless government
Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by Ajibade123(m): 4:31pm On Apr 07, 2020
it seems world bAnk and IMF sef has too much money or why borrow someone money to loot
Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by Sniper101(m): 5:40pm On Apr 07, 2020
The way me dey see this Corn Tree called Nigeria ehn, by the end of this Corona Virus brouhaha, all men and women go need double their hustle ooo

Cos by the end of this whole shit, World economy go crash. Nigeria economy go crash.

Everybody will smell it
And...Nobody will like the scent grin
Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by frog12: 5:44pm On Apr 07, 2020
i always like these guys. you borrow, why others steal billions. hahaha
Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by surgical: 5:54pm 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 $300m, squandered it in a very useless venture that has no economic value, and then went ahead to borrow $300m 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.
Those that foisted him are lining up to replace and continue the damage where buhari stopped after all there are enough stupid Nigerians to make it happened
Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by israelmao(m): 8:46pm On Apr 07, 2020
Scrupulous419:


#Rollin60s

By this time next year in our graves.

I got weed & Pes20

Are u interested prick?

Blessings
I'm exempted from that in the name of Jesus.

1 Like

Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by Eriggs: 9:33pm On Apr 07, 2020
Truthbites:
Una stil leave this man for power...by 2023, Nigeria will be sold out...our generation in 500 years time can't pay the loan o. No soldiers to do the show?
go commot am and carry ur papa go aso rock now. na curse go kill am
Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by Opeyemi234: 9:35pm On Apr 07, 2020
May God heal our father lanr
Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by Opeyemi234: 9:36pm On Apr 07, 2020
May God heal our father land
Re: Nigeria To Borrow $6.9 Billion From World Bank, IMF, AFDB by OyinO: 9:46pm On Apr 07, 2020
We're totally finished. It's true that government is a hoax!

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