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Nigeria May Stop Borrowing To Fund Budget — Adeosun - Politics (2) - Nairaland

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Re: Nigeria May Stop Borrowing To Fund Budget — Adeosun by magoo10(m): 9:39am On Jul 12, 2017
good morning ma
Re: Nigeria May Stop Borrowing To Fund Budget — Adeosun by Nobody: 9:41am On Jul 12, 2017
dipoolowoo:
By Dipo Olowookere

Minister of Finance, Mrs Kemi Adeosun, has disclosed that it was time the country stopped borrowing to fund its budget.

Speaking today at the Presidential Quarterly Business Forum (PQBF) in Abuja, the Minister said instead of incurring additional debts to finance the budget, to through taxes and others.

The loans, especially from the World Bank and the International Monetary Fund (IMF), had been dragging after both bodies insisted on having blueprints of the Nigerian government on how it intends to utilise the funds and repay.

They also insisted on the FG putting in place critical fiscal policies, which have not been met.



http://www.businesspost.ng/2017/07/11/nigeria-may-stop-borrowing-fund-budget-adeosun/
stvpid government, so Nigerians are to pay for your inability to come up with an economic blueprint,how mediocre can a government be.God save us from these foolish people
Re: Nigeria May Stop Borrowing To Fund Budget — Adeosun by samuelibit(m): 9:42am On Jul 12, 2017
sad You said dat last year n am even tired of your saying......
Re: Nigeria May Stop Borrowing To Fund Budget — Adeosun by EYIBLESSN(m): 9:43am On Jul 12, 2017
raker300:
See headline topic from this woman. "May" stop borrowing?..seriously.

Under Ngozi Okonjo headlines read "Nigeria now Africa's richest economy" or "Nigeria 5th fastest growing economy" or "banks to increase interest rate".

It's sad to see how low we've sank. It's even sadder that no one seems to care



I can help you out with tutorials most especially in English Language. I can as well help you out with basic economics tutorials.
Re: Nigeria May Stop Borrowing To Fund Budget — Adeosun by seanbaba23: 9:44am On Jul 12, 2017
Good idea,lets live within our means. if only they could block all the leakages n increase the countries earnings n productivity. Caution has to be taken as regards the feasibility of this idea.
Re: Nigeria May Stop Borrowing To Fund Budget — Adeosun by Abfinest007(m): 9:44am On Jul 12, 2017
Nigeria will always borrow .borrow borrow make me fine
Re: Nigeria May Stop Borrowing To Fund Budget — Adeosun by expensiveguyman(m): 9:50am On Jul 12, 2017
My question is when exactly is our UK based president going to give up d ghost? or is he a cat with 7life?
Re: Nigeria May Stop Borrowing To Fund Budget — Adeosun by murmee: 9:50am On Jul 12, 2017
uboma:
The Acting President, Osibanjo has taught the Finance Minister some lessons on Economics.


Good one from Osibanjo.


To Kemi Adeosun, there are still more vital lessons to learn from the Acting President.

The Acting President, Yemi Osinbajo is an Ijebu man. The Ijebu people of South West Nigeria are known to be very wise in money matters. That's why even their not so educated women do well in commerce. You can then imagine what the educated ones would do.
Re: Nigeria May Stop Borrowing To Fund Budget — Adeosun by Jerrypolo(m): 9:52am On Jul 12, 2017
Awon Theresa "May" grin
Re: Nigeria May Stop Borrowing To Fund Budget — Adeosun by expensiveguyman(m): 9:52am On Jul 12, 2017
mokaflex:
When would this administration stop joking?
My question is when exactly is our UK based president coming back?
Re: Nigeria May Stop Borrowing To Fund Budget — Adeosun by seguno2: 9:53am On Jul 12, 2017
Stories from a certified liar.
Are they not currently seeking several loans?
APC and lies be like 5 & 6.
Re: Nigeria May Stop Borrowing To Fund Budget — Adeosun by 989900: 9:54am On Jul 12, 2017
raker300:
[s]See headline topic from this woman. "May" stop borrowing?..seriously.

Under Ngozi Okonjo headlines read "Nigeria now Africa's richest economy" or "Nigeria 5th fastest growing economy" or "banks to increase interest rate".

It's sad to see how low we've sank. It's even sadder that no one seems to care[/s]
Re: Nigeria May Stop Borrowing To Fund Budget — Adeosun by mmsen: 9:54am On Jul 12, 2017
They came into office in 2015 and are still talking about what they will do as if they just found out what it means to be in government.

I can see why this woman mired Ogun state in debt.
Re: Nigeria May Stop Borrowing To Fund Budget — Adeosun by jobbers: 9:54am On Jul 12, 2017
take action
Re: Nigeria May Stop Borrowing To Fund Budget — Adeosun by Nobody: 9:57am On Jul 12, 2017
Nigeria government to stop borrowing to funding their personal mansions and foreign malaria checkups in London and Arab countries No not possible

Re: Nigeria May Stop Borrowing To Fund Budget — Adeosun by erico2k2(m): 10:01am On Jul 12, 2017
Confused lot even I who ain't an Economist knows the cost of Governance in Nigeria o's too much . There need to be a cut in government spending . Start at thetop .
Re: Nigeria May Stop Borrowing To Fund Budget — Adeosun by veraponpo(m): 10:02am On Jul 12, 2017
raker300:
See headline topic from this woman. "May" stop borrowing?..seriously.

Under Ngozi Okonjo headlines read "Nigeria now Africa's richest economy" or "Nigeria 5th fastest growing economy" or "banks to increase interest rate".

It's sad to see how low we've sank. It's even sadder that no one seems to care

So, Ngozi didn't borrow?

Ngozi even borrowed to pay salaries, it was that bad under her leadership and Jonathan
Re: Nigeria May Stop Borrowing To Fund Budget — Adeosun by Holorunloseyi(m): 10:07am On Jul 12, 2017
Nigeria with talk no action
Re: Nigeria May Stop Borrowing To Fund Budget — Adeosun by donaldinho111: 10:17am On Jul 12, 2017
You said you will use external borrowing to fund some part of the budget.

Now you are backing out and hoping on taxation to fund this loop hole.

Do you have the required tax awareness and structures in place to drive this??

it is mid year already and you are still hoping..

WHAT KIND OF A USELESS SET OF PEOPLE DID WE ELECT TO DROWN THIS COUNTRY?
Re: Nigeria May Stop Borrowing To Fund Budget — Adeosun by ehissi(m): 10:19am On Jul 12, 2017
This is what is called executive foolishness!



Constructive borrowing to fund a Nation's budget is the standard practice everywhere in the world; but of course what do you expect from an Accountant cum English teacher.

More grammar about balancing Akant.......... angry

Nonsense...... angry
Re: Nigeria May Stop Borrowing To Fund Budget — Adeosun by Virtualaccounts: 10:39am On Jul 12, 2017
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Re: Nigeria May Stop Borrowing To Fund Budget — Adeosun by obailala(m): 10:54am On Jul 12, 2017
modik:




Basic economics teaches:

- how to prioritise your expenditure based on your income.

- How to manage[not mis-manage] your scarce resources.

- How to balance your demand an supply.

without any equivocation, Nigeria is not poor to depend on loan for budget financing?

Is Nigeria Poor?

Keep supporting systemic inefficiency with your massive knowledge of basic economics
Is Nigeria poor?

The answer to that question is very obvious, YES Nigeria is dead poor. Only thing is that we have the POTENTIAL to be rich if the leaders do the right things, but as at today, are we poor?.. YES!
Re: Nigeria May Stop Borrowing To Fund Budget — Adeosun by Nobody: 11:10am On Jul 12, 2017
ivandragon:
2 years on & they still don't know what to do?

talk about being unprepared to lead...
The world bank and IMF demanded to see APC's blueprint, APC have no blueprint or where to begin governance. The same challenged previous elections debates organisation invited APC for debates, APC cheated out with a blames that it was PDP elections organisation.

Maybe world bank and IMF are PDP organisations.

APC government is like who goes to market without a list at hand to know what he/she wants.

1 Like

Re: Nigeria May Stop Borrowing To Fund Budget — Adeosun by Seth89(m): 11:16am On Jul 12, 2017
Always giving conditional statements, the last time I heard from her was when she said 'I think Nigeria is coming out of recession'
Re: Nigeria May Stop Borrowing To Fund Budget — Adeosun by pappy02: 11:40am On Jul 12, 2017
a ti gbo
Re: Nigeria May Stop Borrowing To Fund Budget — Adeosun by agitator: 12:07pm On Jul 12, 2017
wristbangle:


Am glad you did some research or perhaps u have some knowledge about basic economics.

Now go research on what I told you to do and stop diverting from the main discussion.

Expecting your feedback soon

Two years plus, still blocking leakages? undecided undecided undecided

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