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Nairaland Forum / Nairaland / General / Politics / FG Plans Additional $2.8bn Foreign Loan To Finance 2018 Budget - This Day (5816 Views)
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FG Plans Additional $2.8bn Foreign Loan To Finance 2018 Budget - This Day by BeeBeeOoh(m): 5:24am On Jun 28, 2018 |
The federal government plans to borrow $2.8 billion offshore to finance its 2018 budget and would explore all options to lower costs, the Director General, Debt Management Office (DMO), Ms Patience Oniha, disclosed in an interview with Reuters Wednesday in Abuja. https://www.thisdaylive.com/index.php/2018/06/28/fg-plans-additional-2-8bn-foreign-loan-to-finance-2018-budget/amp/ |
Re: FG Plans Additional $2.8bn Foreign Loan To Finance 2018 Budget - This Day by dabeto: 5:31am On Jun 28, 2018 |
PMB has hyper appetite for loans. The debt cycle the nation has been plunged into is disheartening. This man must go back to Daura. 61 Likes |
Re: FG Plans Additional $2.8bn Foreign Loan To Finance 2018 Budget - This Day by Banmeallday: 5:38am On Jun 28, 2018 |
Why are leaders of the NIgger Area borrowing when they have so called external reserves? WHO really is running this place? England and international bankers or what? 41 Likes 2 Shares |
Re: FG Plans Additional $2.8bn Foreign Loan To Finance 2018 Budget - This Day by ThatIgboBoy: 5:53am On Jun 28, 2018 |
this government keep taking loans upandan and yet we don't see or feel what thy have done with all the previous loans they have taken earlier. 14 Likes |
Re: FG Plans Additional $2.8bn Foreign Loan To Finance 2018 Budget - This Day by omowolewa: 5:58am On Jun 28, 2018 |
Loan again? No wonder he signed not too young to run. At least by the time the youngies will enjoy government, they would have turn old through loan service. 35 Likes 2 Shares |
Re: FG Plans Additional $2.8bn Foreign Loan To Finance 2018 Budget - This Day by dbynonetwork: 6:02am On Jun 28, 2018 |
Please NAIRALANDERS help me I have an assignment at college of education Zuba and I would need you guys to help me to suggest a hotel I can lodge... My budget is 4000-6000k per night ... |
Re: FG Plans Additional $2.8bn Foreign Loan To Finance 2018 Budget - This Day by Nbote(m): 6:21am On Jun 28, 2018 |
Borrow borrow make us rich.. Zombies claiming our foreign reserves have been on d rise forget d govt borrows to kip it funded.. Pennywise pounds foolish... dbynonetwork: U shld b able to get decent accommodation within dat budget of urs.. U have d option of lodging within zuba there or u in Madalla which is less than 15mins drive.. Most of d hotels in zuba in my opinion I wouldn't recommend 5 Likes |
Re: FG Plans Additional $2.8bn Foreign Loan To Finance 2018 Budget - This Day by Nobody: 6:24am On Jun 28, 2018 |
1914 - 2015 = N9tr 2015 - 2018 = N22tr Debt servicing to revenue = 49%.. On this route, its only a matter of time before we start borrowing the whole countries budget.. 43 Likes 2 Shares |
Re: FG Plans Additional $2.8bn Foreign Loan To Finance 2018 Budget - This Day by xcolanto(m): 6:33am On Jun 28, 2018 |
Buhari's led APC deceitful government has borrowed more money in 3 years than pdp's 16 year rule, yet nothing to show for it. At this rate, if buhari wins another term we shall be forever indebted to paying back loans all the days of our lives and that of our children for generations to come. 22 Likes |
Re: FG Plans Additional $2.8bn Foreign Loan To Finance 2018 Budget - This Day by Firefire(m): 11:32am On Jun 28, 2018 |
Gonment of debt 9 Likes |
Re: FG Plans Additional $2.8bn Foreign Loan To Finance 2018 Budget - This Day by Paperwhite(m): 11:32am On Jun 28, 2018 |
Thought the government said it have recovered staggering amount of monies So what have became of all the recovered loots(including the Abacha's portion) relooted, and the imaginary ones in their media propaganda stunts The APC-led government is out to mortgage the Nigerian Nation hence no truth in any it says or does.Pls they must be kicked out. 21 Likes |
Re: FG Plans Additional $2.8bn Foreign Loan To Finance 2018 Budget - This Day by NoBetterNigeria: 11:33am On Jun 28, 2018 |
Please, just sell this country and give me my share. 17 Likes |
Re: FG Plans Additional $2.8bn Foreign Loan To Finance 2018 Budget - This Day by maxzzo1(m): 11:33am On Jun 28, 2018 |
Ahahahahaha |
Re: FG Plans Additional $2.8bn Foreign Loan To Finance 2018 Budget - This Day by declaro(m): 11:34am On Jun 28, 2018 |
This Buhari government has completely gone against all his 2015 campaign promises. How can a sane man or woman will vote for him again. Anyone that votes for Buhari can trust a known criminal. 17 Likes 1 Share |
Re: FG Plans Additional $2.8bn Foreign Loan To Finance 2018 Budget - This Day by Nwakannaya1: 11:34am On Jun 28, 2018 |
Ayele oooo... Bring back our recovered funds! 5 Likes |
Re: FG Plans Additional $2.8bn Foreign Loan To Finance 2018 Budget - This Day by positivelord: 11:35am On Jun 28, 2018 |
Buhari wetin we do you... 4 Likes |
Re: FG Plans Additional $2.8bn Foreign Loan To Finance 2018 Budget - This Day by papauju(m): 11:35am On Jun 28, 2018 |
dbynonetwork:Google it and stop exposing your self to danger, after you will say your village people are after you 5 Likes |
Re: FG Plans Additional $2.8bn Foreign Loan To Finance 2018 Budget - This Day by Didi2d(m): 11:36am On Jun 28, 2018 |
Loan again? What about all the recovered loots? Can someone please enlighten me? 1 Like |
Re: FG Plans Additional $2.8bn Foreign Loan To Finance 2018 Budget - This Day by Elukapendragon(m): 11:36am On Jun 28, 2018 |
What of the money we got from qualifying for the world cup? Who accounts for the money? 1 Like |
Re: FG Plans Additional $2.8bn Foreign Loan To Finance 2018 Budget - This Day by truthstands12: 11:37am On Jun 28, 2018 |
We all can glaringly see the total deceit of this government. How can you say you've recovered billions of naira from corruption fight, repatriated millions of dollars of abacha loot, increased foreign reserve, increased TSA, increased ECA yet you are borrowing. 8 Likes |
Re: FG Plans Additional $2.8bn Foreign Loan To Finance 2018 Budget - This Day by sanpipita(m): 11:37am On Jun 28, 2018 |
This was expected, they make unworkable budgets then use loans to finance it, our next generation will pay debt taya 2 Likes |
Re: FG Plans Additional $2.8bn Foreign Loan To Finance 2018 Budget - This Day by SheikhMuniru(m): 11:39am On Jun 28, 2018 |
BUBU GO SEND THIS COUNTRY TO LIFE CREDITORS 3 Likes |
Re: FG Plans Additional $2.8bn Foreign Loan To Finance 2018 Budget - This Day by princeade86(m): 11:41am On Jun 28, 2018 |
I don't think people borrowing them money don't collect anything as deposits, if not they wud have used Nigeria to stand and later seize it and change her name. upon all d money they are recovering from corrupt people. 4 Likes |
Re: FG Plans Additional $2.8bn Foreign Loan To Finance 2018 Budget - This Day by Nobody: 11:41am On Jun 28, 2018 |
Nigeria controls 51% of over 100 OMLs o yet still has to borrow. Alakija has about 30% stake in her oil block and is worth billions. Nigeria has 100 with 51% stake. are we cursed or something 5 Likes |
Re: FG Plans Additional $2.8bn Foreign Loan To Finance 2018 Budget - This Day by ivandragon: 11:41am On Jun 28, 2018 |
borrow money. put in external reserves. tell Nigerians external reserves have grown by $2.5b... pmb's supporters shout... baba is working... 9 Likes 1 Share |
Re: FG Plans Additional $2.8bn Foreign Loan To Finance 2018 Budget - This Day by truthstands12: 11:42am On Jun 28, 2018 |
National Assembly should stop FG from these borrowings. The future of this country bus being mortgaged. 4 Likes |
Re: FG Plans Additional $2.8bn Foreign Loan To Finance 2018 Budget - This Day by Paperwhite(m): 11:42am On Jun 28, 2018 |
xcolanto:"The government, according to her, has laid out plans to borrow abroad even as interest rates are rising in the United States, raising fears that the country could pay a higher premium than its most recent debt sale in February." 3 Likes |
Re: FG Plans Additional $2.8bn Foreign Loan To Finance 2018 Budget - This Day by Nobody: 11:43am On Jun 28, 2018 |
Fulani Herdsmen needs funds. Nigeria Fulani is selling Nigerians generations. We IPOB(INDIGENOUS PEOPLES OF THE BIAFRA). We are pulling out of Britain Nigeria caliphate. We are demanding for our leader Mazi Nnamdi Kanu and his parents royal highness by that matters, that were abducted by Buarati and, criminal igp Idris and other Fulani terrorists in secret services; now and before referendum. 4 Likes
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Re: FG Plans Additional $2.8bn Foreign Loan To Finance 2018 Budget - This Day by Bizibi(m): 11:49am On Jun 28, 2018 |
yeyerolling:30% stake,it is impossible.....even t.y danjuma is not close to 18% 1 Like |
Re: FG Plans Additional $2.8bn Foreign Loan To Finance 2018 Budget - This Day by Nobody: 12:01pm On Jun 28, 2018 |
AGAIN....... the more you look, the less you see! govt of thieves, by thieves, for dumbskulls! 5 Likes 2 Shares |
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