Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,194,471 members, 7,954,838 topics. Date: Saturday, 21 September 2024 at 10:34 AM |
Nairaland Forum / Nairaland / General / Politics / $29.9billion Borrowing: FG To Go Ahead Despite Senate Rejection – Sen Ita Enang (16929 Views)
Some Senators Who Defected Have Returned To APC – Ita Enang / Buhari’ll Sign 2017 Budget, Osinbajo’ll Take It From There – Ita Enang / Buhari Will Respond To Senate's Rejection Of Magu As EFCC Chairman -Femi Adesina (2) (3) (4)
$29.9billion Borrowing: FG To Go Ahead Despite Senate Rejection – Sen Ita Enang by shedy03(m): 4:11pm On Dec 12, 2016 |
The Senior Special Assistant to the President on National Assembly Matters (Senate), Senator Ita Enang has explained that the federal government will go ahead with the $29.9billion borrowing plans despite Senate’s rejection. Giving clarification on Senate’s stance, Ita Enang explained that theSenate needed some information that were strategic to the borrowing plans which the budget office was already working on it. "What is happening is that there are strategic information that should be made available to them before considering it and the DG,Budget was already working on it”, he noted. Enang was optimistic that the Senate would approve the loans as soon as all necessary information were made available.He added that the Senate understands that economic recession confronting the nation deserves sincere approach, while insisting that the proposed external borrowing of the President would properly fund the budget in the interest of National development. http://dailypost.ng/2016/12/12/29-9billion-borrowing-president-buhari-go-ahead-despite-senate-rejection-senator-ita-enang/ "who will borrow out such amount of money to a country that has five different exchange rates"(in worlds of Emir Sanusi). 5 Likes 1 Share
|
Re: $29.9billion Borrowing: FG To Go Ahead Despite Senate Rejection – Sen Ita Enang by Justiyke4u: 4:13pm On Dec 12, 2016 |
Akuko 11 Likes |
Re: $29.9billion Borrowing: FG To Go Ahead Despite Senate Rejection – Sen Ita Enang by alizma: 4:15pm On Dec 12, 2016 |
them go gree later 1 Like 1 Share |
Re: $29.9billion Borrowing: FG To Go Ahead Despite Senate Rejection – Sen Ita Enang by Jazzlite: 4:22pm On Dec 12, 2016 |
lol NASS is a great problem in this country vote of no confidence is not inappropriate now.. they are only concerned about themselves not the Nigerian population 10 Likes |
Re: $29.9billion Borrowing: FG To Go Ahead Despite Senate Rejection – Sen Ita Enang by EternalTruths: 4:26pm On Dec 12, 2016 |
Buhari's destiny is to destroy Nigeria If you doubt me, let's bet a million naira and give it to lalastical to keep and give to the winner by 2019 72 Likes 5 Shares |
Re: $29.9billion Borrowing: FG To Go Ahead Despite Senate Rejection – Sen Ita Enang by eshietIntrepid(m): 4:30pm On Dec 12, 2016 |
The infor they really need is how much is their share, because non of them care abt the masses . 11 Likes |
Re: $29.9billion Borrowing: FG To Go Ahead Despite Senate Rejection – Sen Ita Enang by odogwubiafra: 4:36pm On Dec 12, 2016 |
Even if senate consents, IMF and World Bank are already skeptical based on none availability of a viable economic blue print. When you allow your IGR to extinct just because you can borrow from foreign source, you will surely get punished. The foreign sources are not partial, they MUST be sure of your credibility, repayment plan before disbursements. They don't play politics with their economy like Nigeria. Unless is WEMA bank that will lend them the money. Just LOL! 73 Likes 6 Shares |
Re: $29.9billion Borrowing: FG To Go Ahead Despite Senate Rejection – Sen Ita Enang by owobokiri(m): 4:36pm On Dec 12, 2016 |
Ita Ewang the senator who spoke out against northern domination of oil well slots and was immediately given with a presidential appointment to keep quiet.. 43 Likes 4 Shares |
Re: $29.9billion Borrowing: FG To Go Ahead Despite Senate Rejection – Sen Ita Enang by shedy03(m): 4:44pm On Dec 12, 2016 |
EternalTruths:where is lalasticlala sef, up to u to do d needful. lolz. |
Re: $29.9billion Borrowing: FG To Go Ahead Despite Senate Rejection – Sen Ita Enang by Stalwert: 5:17pm On Dec 12, 2016 |
EternalTruths: After your drunken friend had already banktupt it and robbed it of all her money....abeg learn to speak the truth 14 Likes 3 Shares
|
Re: $29.9billion Borrowing: FG To Go Ahead Despite Senate Rejection – Sen Ita Enang by CSTR13: 5:30pm On Dec 12, 2016 |
If you think the world bank or the IMF will lend a dumb government like buhari that huge amount of money, then you all are high on something. A government without the support of its parliament. Unless maybe buhari wants to source for free money without any repayment obligation. 63 Likes 5 Shares |
Re: $29.9billion Borrowing: FG To Go Ahead Despite Senate Rejection – Sen Ita Enang by Nobody: 5:35pm On Dec 12, 2016 |
shedy03: Lol!! The money is not yet here and it has already finished. That means if the senate no gree the people who have already taken their share will no go gree. Lolll Nigeria is finished. So many people in this administration lack communication skill. 16 Likes |
Re: $29.9billion Borrowing: FG To Go Ahead Despite Senate Rejection – Sen Ita Enang by YoursGEJ(m): 6:18pm On Dec 12, 2016 |
This government has no plan. Who do they think is willing to borrow them $30bn? 26 Likes 1 Share |
Re: $29.9billion Borrowing: FG To Go Ahead Despite Senate Rejection – Sen Ita Enang by Nobody: 6:18pm On Dec 12, 2016 |
Re: $29.9billion Borrowing: FG To Go Ahead Despite Senate Rejection – Sen Ita Enang by Unimaginable123: 6:19pm On Dec 12, 2016 |
Dictatorship. Yoruba and hausa people will soon regret installing the daura maximum dictator on Nigerians 24 Likes 1 Share |
Re: $29.9billion Borrowing: FG To Go Ahead Despite Senate Rejection – Sen Ita Enang by admax(m): 6:19pm On Dec 12, 2016 |
Ok |
Re: $29.9billion Borrowing: FG To Go Ahead Despite Senate Rejection – Sen Ita Enang by hotspec(m): 6:19pm On Dec 12, 2016 |
SSSHHHHHHHH..... 9 Likes 1 Share
|
Re: $29.9billion Borrowing: FG To Go Ahead Despite Senate Rejection – Sen Ita Enang by francisasika101(m): 6:19pm On Dec 12, 2016 |
[color=#990000][/color] |
Re: $29.9billion Borrowing: FG To Go Ahead Despite Senate Rejection – Sen Ita Enang by magicminister: 6:19pm On Dec 12, 2016 |
Okay! Economically speaking, a government has to borrow during recession in order to increase spending. This will also be accompanied by lower interest rates and lower tax rates. The CBN and ministry of Finance have failed woefully when it comes to dealing with recession. Unfortunately, i strongly believe that this government does not know what it is doing. Hence, they do not deserve to be given that loan because it will be mismanaged and will further sink the country into debt. 14 Likes 1 Share |
Re: $29.9billion Borrowing: FG To Go Ahead Despite Senate Rejection – Sen Ita Enang by Nobody: 6:19pm On Dec 12, 2016 |
Some times I keep on wondering if A is really for Apple 1 Like 1 Share |
Re: $29.9billion Borrowing: FG To Go Ahead Despite Senate Rejection – Sen Ita Enang by jchuchu(m): 6:19pm On Dec 12, 2016 |
Issokay |
Re: $29.9billion Borrowing: FG To Go Ahead Despite Senate Rejection – Sen Ita Enang by fratermathy(m): 6:19pm On Dec 12, 2016 |
It is well with this nation! My own is that recession should end once and for all. |
Re: $29.9billion Borrowing: FG To Go Ahead Despite Senate Rejection – Sen Ita Enang by Unimaginable123: 6:19pm On Dec 12, 2016 |
Stalwert:zombie, just shut d hell up 19 Likes |
Re: $29.9billion Borrowing: FG To Go Ahead Despite Senate Rejection – Sen Ita Enang by Atiku2019: 6:19pm On Dec 12, 2016 |
1 Like
|
Re: $29.9billion Borrowing: FG To Go Ahead Despite Senate Rejection – Sen Ita Enang by BoleynDynaSTY(f): 6:19pm On Dec 12, 2016 |
This Federal Government want to finish us oo , very useless set of criminals 6 Likes |
Re: $29.9billion Borrowing: FG To Go Ahead Despite Senate Rejection – Sen Ita Enang by bigFOOTcaveMAN(m): 6:20pm On Dec 12, 2016 |
Re: $29.9billion Borrowing: FG To Go Ahead Despite Senate Rejection – Sen Ita Enang by awa(m): 6:20pm On Dec 12, 2016 |
Hallmark of Buhari. I wouldn't be surprised at his autocratic tendencies. Dictator turned Democrat my feet. 11 Likes |
Re: $29.9billion Borrowing: FG To Go Ahead Despite Senate Rejection – Sen Ita Enang by Opinedecandid(m): 6:20pm On Dec 12, 2016 |
Mad men everywhere around Bubu. From the head, Bubu himself to the tail. Do all you can to plunge Nigeria further into deeper mess, children of the beast. 1 Like |
Re: $29.9billion Borrowing: FG To Go Ahead Despite Senate Rejection – Sen Ita Enang by gurunlocker: 6:20pm On Dec 12, 2016 |
2019..... Coming soon A super clueless government that doesn't have any economic plan wants to borrow and throw the country in generational debt..... This government is a curse! 9 Likes |
Re: $29.9billion Borrowing: FG To Go Ahead Despite Senate Rejection – Sen Ita Enang by Ekpekus(m): 6:20pm On Dec 12, 2016 |
Nigeria has officially gone to the dogs! Plunging the nation into more debt despite the recently announced 3months all time high foreign reserve and increase in oil price to $58. 2 Likes |
Re: $29.9billion Borrowing: FG To Go Ahead Despite Senate Rejection – Sen Ita Enang by mytime24(f): 6:21pm On Dec 12, 2016 |
9 Likes 1 Share
|
Re: $29.9billion Borrowing: FG To Go Ahead Despite Senate Rejection – Sen Ita Enang by SexyNairalander: 6:22pm On Dec 12, 2016 |
imagine such nonsense 2 Likes
|
Ministerial List May Trigger Another Round Of APC Crisis / Soyinka: Any State Where Children Are Kidnapped Should Shut Down In Protest / Lagos Announces Eko Bridge Closure For 10 Weeks
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 27 |