President seeks fresh foreign loan

The request to borrow same amount was rejected by the Saraki-led Senate on the 1st of November, 2016.

President Muhammadu Buhari has formally written to the Senate to approve an undisclosed amount of foreign loan to the Federal Government.

The President of the Senate, Ahmad Lawan, read the loan request from President Buhari on the floor of the Senate on Thursday.

The Senate rejected it in November 2016 in a bipartisan move. No reason was offered on why the loan request was rejected then.

According to the Debt Management Office (DMO), the total loan of the country currently stands at over N25 trillion.
https://www.sunnewsonline.com/buharis-rejected-30-billion-loan-resurfaces-in-senate/
Lalasticlala

Loan loan and more loan and nothing to show for it

Even with the IMF warning? Why cant the Buhari govt think of anything else beside borrowing?

Guess the people that enthroned this catastrophe can imagine the damage they have incurred on Nigeria?

na to sell naija na e remain..just to collect change and relocate

Buhari is seeking another loan when IMF is telling us we are high on debts.

Buhari will finally bury the already dead country and this current rubber stamp Senate na APAMS wey go do the funeral.

Disadvantage of having a rubber stamp senate

Will Nigeria survive to 2023??

In Fela's voice :








Outside Buhari dey, craze man. Animal in craze man skin.






My people are useless, my people are senseless, my people are indiscipline.





na Nigerian government o, dem dey talk b that o





na which kind talk b that o, na animal talk b that o.......

We will pay.



Sai baba 2023.
No vacancy

I have nothing to say.

I have only one prayer and God knows what it is.

From 12trillion in 2015, buhary has doubled Nigeria's debt to 25trillion under 5 years of unintelligible leadership.

I said it in the sister thread, if lawan no kill us who will??

China will soon buy us

aolawale025:
Will Nigeria survive to 2023??

Is that not about N9trillion?

Lawans hands are itching to slam that gavel. APPROVED!

What exactly is the loan for?

That we are supposed to endure these clueless selfish wicked daft clowns till that 2023 is scary.

Godairpus.