Fizzymike1:
.



Stupidity at its peak from this government. How is he going to source for the founding when dept its on the rise. China is tired of borrowing us money o

Ibramamahi:
Debt servicing economy.... little wonder we are were we wear were wea. What am i saying sef

semyman:

Illiterate, go to school

Ibramamahi:
Debt servicing economy.... little wonder we are were we wear were wea. What am i saying sef

namio10:
Debt Service N2.4 Trillion.

Capital Expenditure N2.03 Trillion.


Most shameful.

Previous governments reduced Nigeria's debts to the minimum. Buhari government has piled up huge debts, such that debt service and capital expenditure provisions are nearly equal.

SolelySolar:
Atiku/Obi is the SUREST way to go for every;

Reasonable
Sincere
Progressive
Unbiased
Sane
Visionary
Lively and
Non-gullible Nigerian who Loves the Unity and Prosperity of this great Nation.

Support PDP if you belong to any /all of the above categories.

#Donotreinforcefailure #LetsgetNigeriaworkingagain

Tundeobama:
Last administration spoil this economy they even borrow to pay salaries when oil was over100dollars buhari earning half is paying thier debt . Please what is pdp coming to do? If apc failed after 16yrs we move to another party not pdp never.

Tofax:
Reeling out Trillions of Naira every year without corresponding effect on the Life of Nigerians.

Insanity is doing the same thing over and over again and expecting different results.

This is not about APC or PDP. Nigeria is simply not working with the current arrangement. The unemployment rate is rising daily and the Population is increasing without corresponding increase in revenue and resources of the Nation.

Imaging a man who earns 200 thousands Naira a month with 4 children and after 16 years he has a total number of 10 children with the same amount of money. If he does not create additional avenue to support his family, he will find it difficult to meet up.

nimisola:
President Muhammadu Buhari has proposed N8.83 trillion naira budget for 2019 to the joint session of the National Assembly.

The presentation of the budget was presented under a rowdy session with opposition lawmakers repeatedly booing the President as he listed his achievements.

The budget proposal was prepared based on the following assumptions: Oil price: $60 per barrel of oil production rate: 2.3 million barrels per day exchange rate: N305 to $1 Real GDP growth: 3.01 per cent inflation rate: 9.98 per cent.

The proposed budget shows that about a quarter of the sum (N2.14 trillion) will be used for debt servicing while capital expenditure is expected to gulp N2.031 trillion.

See more breakdown below.

Recurrent – N4.04 trillion
Debt service – N2.14 trillion
Statutory transfer – N492.36 billion
Sinking fund – N120 billion
Capital expenditure – N2.031 trillion

More details later…

SOURCE: http://www.nigerianeye.com/2018/12/breaking-buhari-proposes-n883-trillion.html

festacman:
While the budget presentation was on with the noisy Ayes and Nays in competition, I was looking at Saraki. Some questions kept bothering me:

What happened to massive NASS budget? Why is Saraki unable to pay his workers?

Fellow country men and women, we need to keep these people far awày from the national treasury if Nigeria will.make.progress.

Asshurbanipal:
Debt servicing higher than capital expenditure

And you think we are all normal in this country

Denikayan:


God bless His Excellence, President Mohammadu Buhari (GCFR)

WillTop:

Why should a man have 10 children in a country with high poverty putting huge pressure on resources (even people in rich countries like Sweden don't give birth to plenty of children like that so that the next generation can keep enjoying the benefits of a prosperous nation with high per capita income) Please nobody should mention what about China without considering a lot of factors lets not make Nigeria's mission only to overtake China in population.

Tofax:
Reeling out Trillions of Naira every year without corresponding effect on the Life of Nigerians.

Insanity is doing the same thing over and over again and expecting different results.

This is not about APC or PDP. Nigeria is simply not working with the current arrangement. The unemployment rate is rising daily and the Population is increasing without corresponding increase in revenue and resources of the Nation.

Imaging a man who earns 200 thousands Naira a month with 4 children and after 16 years he has a total number of 10 children with the same amount of money. If he does not create additional avenue to support his family, he will find it difficult to meet up.

mmadu5:


thunder fire you and your generation idiot