‘It’s a loan’ — Zainab Ahmed clarifies IMF’s $3.4bn facility

Nigeria would incur $178 Million to service the loan during the repayment period.Nigeria has also requested $3.5 billion in funding from the World Bank and the African Development Bank.

Racoon:
The loan they lied is a grant have finally arrived.Generations to come in Nigeria will pay this loan & its accruing interest.

opalu:
This is a sad story:

A man in Kano went to a foodseller.
He had not eaten in 3 days.
He begged the seller for food on credit.

The foodseller said no because he already gave food to too many people on credit.

The man sat down beside the foodseller’s shop as he had nowhere else to go.

The foodseller told him he’s very sorry and he would like to help but too many people in the neighbourhood have collected food on credit and his business is sinking.

The man sat there and said nothing.

As time went on, other people came into the shop to buy foodstuff and went out- they noticed the man at the door sitting there sleeping. But nobody bothered.

Until one man came later in the day and asked the foodseller: “who is the man sitting at your door?” “Why is he there?”

Then the foodseller said “oh it’s a man who says he has not eaten for 3 days and he wants to collect food on credit but I could not give him because my business is struggling from all the credit I have already given out”.

Then the other man said: “How much is the food he wants?”

The food seller said “It’s a few cups of garri, rice and beans. Everything may be 2,000 naira”.

The other man said “Alright pack everything he wants and more. I would pay for it. Let him go home to his family and eat”.

The foodseller packed all the food and went outside to tell the man with joy that someone has paid for his food.

He saw the man still sleeping.
He tapped him to wake him up, he didn’t respond. Tapped him again, nothing.

The man had died.
He died sitting and waiting for help.

This happened just few days ago in Badawa, Kano. Some people who live in that area know this story.

The man was dead all along while people were coming in and out of the shop thinking he was sleeping.

He died hopeless. He died helpless. He died a man who his country failed.

Kano has 17 million people.
Less than 200,000 people got any form of palliative from the government.

Many people got hungry.
Many people died in their houses.
Many people starved to death from a govt that locked them in and gave no food.

An evil clueless thoughtless leadership.

If you know anyone in this period who is hungry around you and you can afford a little food or money to give him/her, please do.

Many people are walking the streets with an empty stomach, a sorry face and are dead within. It’s only a matter of time before they physically die.

Don’t be the one who walks into a store and doesn’t bother to ask about the beggar at the door.

We all have our problems yes,
But our little curiosity may save a life.

Be the one who asks “who is that person sitting there?” Be the one who helps.
And be the one who saves a life.

DrOlufunmilayo

Ms Georgieva also called on the Federal Government of Nigeria to be transparent and account for every single kobo of the fund.

dipoolowoo:



“The conditions are quite favourable and repayment period is five years, up to two and half years is grace period and the interest on the loan is one percent,” she said.

Golan007:


Name the government official that claimed it to be a grant.

By the way, all countries are borrowing and all countries have had their future generations pay debt.

The whinging is worn out.