Confusion State About Fg Borrowing Outside. - Politics - Nairaland
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| Confusion State About Fg Borrowing Outside. by yakwas(m): 8:22am On Sep 06, 2016 |
CONFUSION!!! Fellow Nairalanders! Being in a state of confusion make me create this trend... Just to clear my mind off this, I need intellectual comments from u guys pls. ===> It goes thus》 FG Approves more external borrowings, says it will boost the dwindling economy. The question is why borrowing when they claimed to have saved; 1. About N2.6trn through TSA 2. " " N1.4trn from Subsidy 3. " " N3.2trn from recovered loot 4. " " N665bn from stamp duty 5. " " N1.1trn from custom 6. " " N2.6trn from Tax revenue 7. " " N2.7trn from crude oil 8. ETC →According to various reports by FG the total fund generated so far FG is above N13.2trns. Remember the 2016 budget is N6.4trn. MY TAKE How come FG still need to borrow to Fund N6.4trn Budget when it has generated over N13.2trn. I'm confusing on this. |
| Re: Confusion State About Fg Borrowing Outside. by Boleyndynasty2(f): 9:22am On Sep 06, 2016 |
They're fooling themselves |
| Re: Confusion State About Fg Borrowing Outside. by MidasTouche01(m): 9:40am On Sep 06, 2016 |
The simple answer is... Everything they say is a propaganda, the current government has run the country into ruins... This 'Titanic' has hit the iceberg, who will save the ship from sinking  |
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