Tealcrestmedia:
This madness needs to stop. You removed fuel subsidy to save money only to end up borrowing money again to cushion the effects of the same subsidy removal? Who are all these folks df.

Did they forbid us from having working refineries or what?

Lol see Question.

So as old as you are, You didn't know all this while. Well i will send you a classified information showing the agreement your useless rulers made with the Jews on why nigeria will never have a working refinery again.

First of all go check out the IMF Loan during babangida tenure. Read up and do research.

Tinubu is a horrible horrible leader

These people dont think!

Where is subsidy money. Looted

E dey pain me as I no dey see yarimo and temperlanladry to comment for all dis kind breaking news wey SEUN dey give us like dis ehhnn nawa ooo

When they take loans it is fresh..but when it's time to deliver they give us rotten things...

Kukutente23:

Hahaha
What a truckload of trash
You borrow 3bn for forex and also borrow $1.2bn for same forex. Is the country only about forex?
How does it help Naira that a whopping 4bn is going into the economy without any productivity attached to it?

Feggie3:
You don't even understand what you are saying. Zombie.

unfortunately your brains cells are dead beyond life support.

fourboys:
But where is the money saved from subsidy? To support this APC/Tinubu government U must first of all sell ur soul to the devil 😈

..they have looted the money saved for subsidy 🙄

Borrowing for stipends....is this how government should operate.. nawaoooo 🙄

Borrowing to loot

15 million households when the population of people in poverty is 133 million... instead of creating a conducive environment for bussinesses to thrive so that jobs and bussiness opportunities can be created for the poor

The underdevelopement of Nigeria is a deliberate and collaborative effort of its leaders and foreign powers. A country so rich, but cannot make its four refineries work, abandoned Ajaokuta steel, Kaduna textile, Calabar, Warri, Rivers and Onne seaports.
The underdevelopement is DELIBERATE.

Nigeria needs a leader like Muammar Gaddafi.

World bank/ IMF is to be blame...if this institutions have been rejecting to give the federal government loans... federal government would had have sense and know what to do to generate revenue for the country , provide good goverance, create a conducive environment for bussinesses companies industries to thrive in order to create jobs and bussiness men opportunities for the youths and nigerians, good policies that will benefit nigerians and make the economy to be good and better..this world bank/IMF are making our federal government and politcians to be lazy..just to sit down and be collecting loan they find it difficult to pay back..and it's the poor people that will pay this loans in form.of high tax from the federal government.. nawaoooo

casualobserver:




unfortunately your brains cells are dead beyond life support.

Dry
Try again

ufotunang:
World bank/ IMF is to be blame...if this institutions have been rejecting to give the federal government loans... federal government would had have sense and know what to do to generate revenue for the country , provide good goverance, create a conducive environment for bussinesses companies industries to thrive in order to create jobs and busdiness opportunities for the youths and nigerians, good policies that will benefit nigerians and make the economy to be good and better..this world bank/IMF ate making our federal government and politcians to be lazy..just to sit down and be collecting loan they find it difficult to pay back..and it's the poor people that will pay this loans in form.of high tax form the federal government.. nawaoooo

The worst fear in all these is that the politicians and these IMF Peeps might be working in cahoots to impoverish Nigerians.

We have started again

The only thing this idiotic party from the pit of hell understands is to borrow, borrow and borrow!

Idiotic party with their brain dead followers!

Angelfrost:
Almajiri country and leaders... All they know how to do is beg, beg, and beg!

You claim to have been preparing to be President for many years, yet no single clear blueprint on how to deal with pressing issues.

He simply came in and continued the pattern left by his useless predecessor.

Honestly the course of this country is just disappointing. It is certain that most folks given a chance will vote to rewind the hands of time to sometime in 2013 and restart from there.

Very, very few people will have anticipated back then that things will get this bad.

It is an indictment of the average citizen not to have seen this coming and vehemently fought against the actors that came shortly after. What a mess.

casualobserver:


It’s financial,engineering. It’s simply a means of getting more forex into the system to,stabilize the Naira. They borrow in dollars, pay the cash recipients in Naira, and the dollar repayments are spread out over years. This means they get a bulk forex inflow in the short term to help the Naira.

Dis one mumu tie wrapper!


Financial engineering kee you there!


Spewing rubbish and feeling funky about it at the same time!

Nigeria is a very useless country

VeeVeeMyLuv:

The worst fear in all these is that the politicians and these IMF Peeps might be working in cahoots to impoverish Nigerians.

..ok see what IMF told Tinubu and federal government that since the fuel subsidy removal is not working out for nigeria.. that the federal government should tax nigerians..high tax so that the federal government should have revenue, money to run the country and pay back the loans they collected from IMF...is this not wickedness from IMF upon what nigerians ate suffering with this removal of fuel subsidy and

$400m loan to fund 15 million household.

So each house hold should receive $20m+ ??

Crooked government, they should stop damaging Nigeria's reputation.

Reference:


Honestly the course of this country is just disappointing. It is certain that most folks given a chance will vote to rewind the hands of time to sometime in 2013 and restart from there.

Very, very few people will have anticipated back then that things will get this bad.

It is an indictment of the average citizen not to have seen this coming and vehemently fought against the actors that came shortly after. What a mess.

A monumental mess, bro...!

The future of Nigerian kids and youths has just been irreversibly mortgaged.

I dont tire 4 dis country,e beta make i japa.abba

Tinubu! Tinubu!! Tinubu!!!


Three times have I called thee.



Take heed or go down the infamous way of your predecessor, the undisputable world heavyweight champion of failure called Mohammadu Buhari of unblessed memory.



If you must borrow, do so to boost tangible and critical sectors of the economy and not this self- delusional and nebulous stomach infrastructure.



This road of senseless borrowing will only lead to further negative impact on the already near comatose economy.



What manner of economic advisers this man has?



Tinubu, no fall your hand o!

Smh. It's clear now that this government is only interested in an avenue to loot. Like how can you repeat the same programmes that destroyed the previous administration?

Evolutionism:


Lol see Question.

So as old as you are, You didn't know all this while. Well i will send you a classified information showing the agreement your useless rulers made with the Jews on why nigeria will never have a working refinery again.

First of all go check out the IMF Loan during babangida tenure. Read up and do research.

Jews kee!!!! O boy when they say taking drugs is bad una no go hear. Stop smoking colorado you will not hear.

They are now addicted to sharing this volume of money.

adenigga:



Source: https://punchng.com/Cash-transfer-FG-seeks-fresh-$400m-loan-to-fund-15-million-households

GAZZUZZ:

Elections have consequences.

Especially rigged elections

Ofunaofu:
All these loans they are seeking.... there's God o!

It is not like there is something bad in borrowing but we citizens believe that our leaders are sharing the money among themselves.

Jcomtrader:
This is madness
400m usd invested in companies will employ 1000s of graduates
Whats wrong with Nigerian leaders
Obi can never borrow 400m for giveaway

Our church was able to aquire 3 acres of land just to use for worship and praying ground. That will not add any financial assistance to people. My aguement is why can the government or the rich get this properties and build factories and industries that will better the life of the citizens. Instead we prefer to invest in a foreign countries. Nigeria suppose to be the best country in Africa. Are we cursed or something.