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FG: Why We’re Taking N9.61tn Loan - Politics (5) - Nairaland

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FG: Why Restructuring Won’t Work Now / Why We’re Taking A Huge N9.61 Trillion Loan – Nigerian Government / Why We’re Not Probing APC Members – SGF (2) (3) (4)

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Re: FG: Why We’re Taking N9.61tn Loan by mikolo80: 1:37am On Oct 29, 2016
PapaBrowne:
It is finished!!
The country is officially killed. Buhari has done it.

9.6 trillion Naira loan.

[size=13pt]
Before we even start discussing, I have just 7 questions.[/size]

1)Where is all the Subsidy savings?? Jonathan was said to have been paying hundreds of billions on subsidy.In 2013(N900 bILLION +). There is supposed to be no more subsidy since the new price of N145. So where are all the subsidy savings?
/q]

What subsidy savings. Oil is 30 per barrel

[q]
2) Where is all the corruption savings? Since the previous government is accused of being terribly corrupt, and it is said that this government is corruption free, where are all the savings that should accrue from the new corruption free system?

3) Where is all the recovered loot? Why are we borrowing $10billion for reccurents when the government has boasted of recovered funds of $9 billion?
/q]
How much loot has been returned
Not up to 1%


[q]
4) Where is all that 3 Trillion said to be locked up in the TSA account. Abi is the account under lock and key?
/q]

We no go pay salary again

[q]
5) This government has borrowed N2.2 Trillion in the last one year. Where is that money, what was it used for and who was it given to.
/q]

Salary

[q]
6) The N9.6 Trillion in question, who are you borrowing it from. What are you using as surety. You aren't even certain anybody will give that money so why are you making plans deceiving yourself about it?
/q]
So why are you bothering Yourself



[q]
7) Finally, what the heck is your payment plan. Already we are paying almost 1 trillion for debt servicing on the meagre debt we have. If you add a gargantuan 9.6 Trillion, who is going today for that?
/q]

The same way you pay back any loan.

[q]
Buhari doesn't care because when the country crumbles he'll be too old or gone to face the consequences.

My gut feeling tells me the greatest heist in the history of Nigeria is currently going on right now under our very nostrils and except we start asking the right questions, we would not have a country to call ours in a few years from now.

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