joyandfaith


Igbodicool


phorget

bigpicture001

TINUBUISMAD

Chiefpriestt

Joy2dworldxyz


hi

Okay

seguno2:


So why is PDP not taking advantage of APC’s fuckup to gain more followers on its side

Because Eye Neck and the Judiciary are firmly on the side of APC ..

ogododo:
The president made the request through a letter to the Senate, read during the plenary by the Senate President, GodsWill Akpabio, on Tuesday, noting that the fund was to execute critical projects in different sectors.

The President Bola Tinubu-led administration has sought the approval of the Nigerian Senate for $8.6billion and €100million borrowing plan.

The president made the request through a letter to the Senate, read during the plenary by the Senate President, GodsWill Akpabio, on Tuesday, noting that the fund was to execute critical projects in different sectors.


The request was said to be part of the federal government 2022-2024 external borrowing plan approved by former President Muhammadu Buhari’s administration, according to the letter.

Tinubu explained that the projects to be funded with the loan cuts across different sectors of the economy, and were selected based on economic evaluation and the expected contribution to the country’s development.

The letter reads in part;, “I write in respect of the above subject and to submit the attached the federal government 2022-2024 external borrowing plan for consideration and early approval of the National Assembly to ensure prompt implementation of the projects.


“The Senate may wish to note that the past administration approved a 2022-2024 borrowing plan by the federal executive council (FEC) held on May 15, 2023.

“The project cuts across all sectors, with specific emphasis on infrastructure, agriculture, health, water supply, roads, security, and employment generation as well as financial management reforms.

“Consequently, the required approval is in the sum of $8,699,168,559 and €100 million.

“I would like to underscore the fact that the projects and programmes in the borrowing plan were selected based on economic evaluations as well as the expected contribution to the social economic development of the country, including employment generation, and skills acquisition.

“Given the nature of these facilities, and the need to return the country to normalcy it has become necessary for the Senate to consider and approve the 2022- 2024 external abridged borrowing plan to enable the government deliver its responsibility to Nigerians.”

In August, the National Assembly approved President Tinubu’s request for over $800 million loan to finance the National Social Safety Network Programme.

The National Assembly had also approved the 2022 Supplementary Appropriations Act of N819 million “for the provision of Palliatives to Nigerians to cushion the effect of fuel subsidy removal”.


https://saharareporters.com/2023/11/28/president-tinubu-seeks-senate-approval-fresh-86billion-eu100million-loans-amid-nigerias

Emilokan! His turn to distroy Nigeria

What are they doing with all these loans?? I think they said they saved trillions from subsidy removal, what have they done with the money? Why are we leaving in this borrowing era?🤔🤔🤔🤐🤐

ODOBAA:


15k no enter ?

No boss.
Reason me 22k make I leave am for you, na quality stuff.

As usual, the likes of FreeStuffsNG MANNABBQGRILLSs Yarimo Seunmsg LeoDeKing etc will avoid this thread.

Only the truth will set us free. For now, keep deceiving yourselves.

It is finished

You boorow without considering repayment. Oh, Nigeria, what's happening?

we still have a whole lots that we cant even metup repayment everymonth and we are going again!

iwaeda:


After all the lies about savings from subsidy. APC has sunk Nigeria. They have borrowed till 5th generations. Nothing to show for the wickedness.

we have rail tracks to Niger to show. We have rice pyramids, we have hmm hmmm, we have hope...lol

Let him take jare..after all our coconut head will explain that other countries like USA take loans too..

Offpoint1:

Yes Boss

I am based in PH. Can it be waybilled via parcel courier service, they will collect payment on your behalf

Tinubu will end up like Bubu, following this trajectory of mindless borrowings!




He says one thing and does another.




Shebi just in August this year he said Nigeria cannot continue to borrow because of the huge burden it places on the economy as a result of the humongous amount needed to service these loans.




What happened to the so-called economic reforms, blue economy ministers left, right and centre and "pledges" from countries to invest in Nigeria?




Tinubu is a con artist!




Tinubu, na like this we go dey dey?

Tinubulation brings misery.

Offpoint1:
Ok



I want to sell this out, Brand new....

Payment on delivery ( Lagosians ONLY)
25k, NEGOTIABLE

If you live outside lagos, I dey collect my money first.

15k Gbagada Lagos

Here we go with the same circle.

Anyways, guys help me out with this thing called Google chrome cast.

Anyone with the knowledge of how it works, any disadvantage for using it?
I just checked them out on some E-commerce sites and saw we have different types with different prices.

Someone should help me with a general knowledge on it, just want to know if it's better to go for it or just get a smart TV(extra expenses)

waveman2:
So subsidy removal could not stop our borrowing.This shows that subsidy was never the problem.Well I hope the masses will see the impact of the borrowing and it won't end up in some people's pocket.

Subsidy removal was to stop further borrowing, but Buhari, Tinubu and APC have run the country to ground that they need to borrow to pay debt and fund imports for consumption. The country lacks the capacity to generate foreign exchange due to oil thief.

IDIOT CITIZEN CANNOT FIGHT IDIOT LEADERS

Available9:
.
Hahahhahahah...the above is good...what about a government that will borrow money to share ?

How do you think they share money if not stupid projects like this

REDshouse:

15k Gbagada Lagos

22k last boss

Who is advising Tinubu?? All these highly educated gurus sorrounding him, what are they doing?? We are finished!!!!!!

DSS1335:


I am based in PH. Can it be waybilled via parcel courier service, they will collect payment on your behalf

I'm not comfortable with payment on delivery outside Lagos.... Unless you'll pay delivery fee first, when you get the shoes you pay for it.

Xscape1993:
I laugh in Idoma language ooo. Their certificate forger president is working. I will never stop calling APC an evil party and big a curse to humanity. How do you want Nigeria to be great when agberos, touts, terrorist sponsors, illiterates, people without economy knowledge, strange men, certificate forgers and killers are in power? Nigeria will never develop until we destroy and bury tribal, religion, social and political sentiments.

Honestly! Is because we don't have other reasonable candidate in 2023 election

forgiveness:
$8b dollars.

How we go take pay back? Are we borrowing from World Bank or IMF?

Are u aware we are almost done with the railway miney we borrow

forgiveness:
$8b dollars.
How we go take pay back? Are we borrowing from World Bank or IMF?

Debt padon them will 4give our sin of debt

Cash out lol

The way I shouted when I saw this... Kilode? Se fe pa Nigeria nii? Eleyi por oo! Didn't they tell us that they saved #1Trillion from Subsidy and just recently received another Abacha's loot, where's all this money? All the Billions borrowed by Buhari nothing to show for it and the man they said built everything in Lagos is following that same path. APC will ruin this country

Jagabandit will loan Nigeria into coma. Now I understand what he meant when he said he would continue from where Failurehari stopped.

nairalanda1, subsidy is the problem ooh that's why Nigeria has been borrowing.

But wait...I thought they said they have "removed" subsidy?

Which way Nigeria youths, like play like play things are getting out of hand

No country survives when they borrow to consume...Please let us learn to borrow and invest otherwise we will keep running in cycles