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Buhari To Travel To China For $2Billion Loan - Daily Trust - Politics (5) - Nairaland

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Re: Buhari To Travel To China For $2Billion Loan - Daily Trust by amtaken(f): 6:34am On Feb 25, 2016
rapistbuhari:
An advance team headed by the finance minister is expected to travel to Negotiate the loan and President Buhari would travel to China to sign the loan in March, Chinese TV's website, cctv-africa.com has reported.

[b]According to the report "President Muhamadu Buhari recently presented an ambitious budget to Nigeria’s parliament. At 30 Billion dollars, it is the highest Budget proposal in Nigeria’s history.[/b]

"Analysts think Buhari’s administration is attempting to spend its way out of recession by investing a huge chunk of the budget in infrastructure but he doesn’t have access to funds for that. The deficit stands at $5 billion for now but it could rise up to $15 as Buhari’s administration plans to spend billions on infrastructure and uplifting social service.

"Nigeria’s economy has been contracting consistently for more than a year – Rapidly falling oil prices taking a toll on the economy.Crude oil accounts for 90% of the country’s exports and 70% of its earnings.

"Development expert Jayi Gaskia thinks Nigeria needs the loans for immediate budgetary support but a major bailout could be imminent unless a resurgence in crude oil prices happens soon.


http://www.dailytrust.com.ng/news/general/buhari-to-travel-to-china-for-2-billion-loan/135109.html#UYsT5Aw0fT83qkkt.99


Shame shame shame shame!!!
Re: Buhari To Travel To China For $2Billion Loan - Daily Trust by abdoolorunwa(m): 9:15am On Feb 25, 2016
when PAPA DEY GO HUSTLE FOR FOOD.
U AND MAMA AND EVERY PIKIN DEY CHOP HIM SWEAT.
BUT IF DEM ASK U WHO U LIKE PASS. SHEY NA MAMA U DEY LIKE.
SO BUHARI NO SEND YOU WHETHER U HATE O OR LIKE OR THE IMPORTANT THING BE SAY U DON CHOP THIS MORNING ABI?
SeverusSnape:
The chief Dullard of the federation is still gallivanting, You'll agree with me that bugarri just want to enjoy himself at the expense of taxpayers (including his zombies) money, The man clearly has nothing to offer to the masses. Now this trip is to get another loan, *in Almajiri voice* - "zat is wonderpull".

Well, it's a good thing if you look at it from the other side, Because anytime he's away, Good things happen. See our Naira is rebounding.
Re: Buhari To Travel To China For $2Billion Loan - Daily Trust by SeverusSnape(m): 8:53pm On Feb 25, 2016
JealousPrince:




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Hmmmmm, only you, i carry my two hands for up dey hail you ooooo, only you just dey reply how many people and shame come dey catch them. All of them for only you and you still challenge all of them to the end, i here by crown you the most brutal internet E-WARRIOR, and the commander in chier of all E-WARRIORS.
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Nairalanders please take note.
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PEACE
grin grin

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