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Nigeria’s Debt Hits N33.078trn As Senate Approves Buhari’s $22.7bn Loan - Politics - Nairaland

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Nigeria’s Debt Hits N33.078trn As Senate Approves Buhari’s $22.7bn Loan by agwom(m): 6:32am On Mar 06, 2020
Nigeria’s debt hits N33.078trn as Senate approves Buhari’s $22.7bn loan Experts flay borrowing ‘96m Nigerians live in extreme poverty’ Nigeria’s debt profile has hit N33.078trn (108.1bn) following the Senate’s approval of a $22.7 billion (N6.923trn) loan request by President Muhammadu Buhari. The approval pushed up the nation’s total debt from $85.4bn (N26.047trn) accumulated as at…

Read more: https://www.dailytrust.com.ng/nigerias-debt-hits-n33-078trn-as-senate-approves-buharis-22-7bn-loan.html

Re: Nigeria’s Debt Hits N33.078trn As Senate Approves Buhari’s $22.7bn Loan by Witcher(f): 6:38am On Mar 06, 2020
Wow we are lucky.. other countries are owed much more than this
Re: Nigeria’s Debt Hits N33.078trn As Senate Approves Buhari’s $22.7bn Loan by PDJT: 6:47am On Mar 06, 2020
-Great.

-Nigeria’s doom is getting even more closer.

1 Like

Re: Nigeria’s Debt Hits N33.078trn As Senate Approves Buhari’s $22.7bn Loan by helinues: 6:49am On Mar 06, 2020
Hmmmmm
Re: Nigeria’s Debt Hits N33.078trn As Senate Approves Buhari’s $22.7bn Loan by Nobody: 7:03am On Mar 06, 2020
From N9.8tr to N38tr in five years...

What are the details of the loan?... no one knows, only abaribe is asking..

1 Like

Re: Nigeria’s Debt Hits N33.078trn As Senate Approves Buhari’s $22.7bn Loan by Citytrend: 7:11am On Mar 06, 2020
Yet we are currently the best economy in Africa
Re: Nigeria’s Debt Hits N33.078trn As Senate Approves Buhari’s $22.7bn Loan by NaijaRoyalty(m): 7:12am On Mar 06, 2020
Witcher:
Wow we are lucky.. other countries are owed much more than this

Go back to Romance or Sexuality section, That's where women with your kind of brain should be.

4 Likes

Re: Nigeria’s Debt Hits N33.078trn As Senate Approves Buhari’s $22.7bn Loan by Racoon(m): 7:30am On Mar 06, 2020
Chronic debt pillage is one of the bad legacy of this govt.
Re: Nigeria’s Debt Hits N33.078trn As Senate Approves Buhari’s $22.7bn Loan by ZombieHUNT: 7:33am On Mar 06, 2020
Witcher:
Wow we are lucky.. other countries are owed much more than this
Those who owe more than Nigeria are far ahead in all ramifications because they channel the loan in the appropriate quarters...

But not here....
Do you know why America is delaying the return of Abacha loot?....
This is the most corrupt regime ever since the history of this country....

1 Like

Re: Nigeria’s Debt Hits N33.078trn As Senate Approves Buhari’s $22.7bn Loan by Maxymilliano(m): 7:34am On Mar 06, 2020
Now I understand why Bukola Saraki does not support this man.

Why borrow the country into extinction and Whatever happened to the much touted 'recovered loot' ?
Re: Nigeria’s Debt Hits N33.078trn As Senate Approves Buhari’s $22.7bn Loan by saaron(m): 7:40am On Mar 06, 2020
This is why the fulani/Abba Kyari led regime installed a ''Rubber Stamp'' Legislature. They needed a senate they could control to pass bills like; Hate speech bills, Boko haram affairs bills, Social Media bills, and the $23 billion loan. All the bills mentioned including the $23 billion loan are geared towards Fulanization agenda.
Bloody useless regime.
ONE NIGERIA IS DEAD!
Re: Nigeria’s Debt Hits N33.078trn As Senate Approves Buhari’s $22.7bn Loan by lilprinze: 7:44am On Mar 06, 2020
Buhari wants to drain this country completely
Re: Nigeria’s Debt Hits N33.078trn As Senate Approves Buhari’s $22.7bn Loan by GolDRoger: 7:45am On Mar 06, 2020
Wow!! Thats the only thing this government are Good at

do you knw that this government might have made that figure they just borrowed?

Recalled that N50 charge was placed upon any withdrawal from N1000

(i.e if u withdrawl 1k times in a day.. U will be charged 10x)
have u take u time to calculate hw many millions of people that do transaction per day then month and yearly?

And other unxplainable charges
they came up with that N4 per 20sec using USSD thing ..

They said we are not paying tax
but we might be paying more than other countries indirectly.

VAT was 5% now 7.5% .. Who are paying those monies?
Answer = We the masses

and where is the money?

No one knws

if u take time to calculate d figures involved u will be amazed
Re: Nigeria’s Debt Hits N33.078trn As Senate Approves Buhari’s $22.7bn Loan by StaffofOrayan(m): 7:45am On Mar 06, 2020
I have honestly stopped blaming Northerners
Kudos to Abaribe, the rest of you southern senators are all useless
Re: Nigeria’s Debt Hits N33.078trn As Senate Approves Buhari’s $22.7bn Loan by StaffofOrayan(m): 7:46am On Mar 06, 2020
Don't forget the Protest Bill that recently passed 1st reading.

Bloody and interesting times ahead


saaron:
This is why the fulani/Abba Kyari led regime installed a ''Rubber Stamp'' Legislature. They needed a senate they could control to pass bills like; Hate speech bills, Boko haram affairs bills, Social Media bills, and the $23 billion loan. All the bills mentioned including the $23 billion loan are geared towards Fulanization agenda.
Bloody useless regime.
ONE NIGERIA IS DEAD!
Re: Nigeria’s Debt Hits N33.078trn As Senate Approves Buhari’s $22.7bn Loan by Bizibi(m): 7:59am On Mar 06, 2020
Witcher:
Wow we are lucky.. other countries are owed much more than this
*sigh* sycophants and their empty drums.

1 Like

Re: Nigeria’s Debt Hits N33.078trn As Senate Approves Buhari’s $22.7bn Loan by Bizibi(m): 8:02am On Mar 06, 2020
Just 5 years alone.the debt profile will tripple by 2023.....this president is the dumbest I have seen recently.nothing to show for every single Kobo. Absolutely nothing.
Re: Nigeria’s Debt Hits N33.078trn As Senate Approves Buhari’s $22.7bn Loan by omowolewa: 8:03am On Mar 06, 2020
Tax Payers should buckle up

Excess Crude Account is dropping
Foreign Reserve is not improving
Crude Price is not encouraging
20% Budget is to service Loan


As public fund is not coming, public officer would have to call funds from private.

That is Tax
Re: Nigeria’s Debt Hits N33.078trn As Senate Approves Buhari’s $22.7bn Loan by saaron(m): 8:19am On Mar 06, 2020
StaffofOrayan:
Don't forget the Protest Bill that recently passed 1st reading.

Bloody and interesting times ahead


What Nigerians are seeing is not democracy but a totalitarian regime. Islamist fundamentalist and democracy are parralel lines that will never meet, hence the bastadization of Human rights and Nigeria's legislature with a ''Rubber Stamp'' leadership.
During the 8th senate, zombies and supporters of tyrrany and wickedness claimed Bukola Saraki led National Assembly is frustrating buhari's fulani regime from providing dividents of ''Change'' for Nigerians. So they foolishly and stupidly allowed themselves to be used by the regime to stage an Otoge' campaign to rig out Bukola.
Now with Saraki out of the way and a senate leadership under APC fulani/Abba Kyari control, instead of providing dividents of change, the regime galvanized their CHAIN of Poverty, Hunger and Sorrow on Nigerians.
With Saraki out, have the fulani regime performed wonders in delivering their so called dividents of change? NO! Has the ''Rubber Stamp'' Legislature boosted buhari's tyrranical coalition to make life better for Nigerians? NO!
Instead Nigerians are witnessing; secret kidnap and killings, mass murder, genocide, total breakdown of security in the country like never before with a rubber stamp legislature unble to do anything to call the executive to order. The rubber stamps refused to use their legislative powers to sack service chiefs.
The 9th senate led by ''Executive Stooge'' Ahmed Lawal has exposed this regime and their bloody supporters as nothing but a bunch of wicked souls using the instrumentality of govt to pursue a tribal and religious agenda against Nigerians.
ONE NIGERIA IS DEAD.

1 Like

Re: Nigeria’s Debt Hits N33.078trn As Senate Approves Buhari’s $22.7bn Loan by PapaBaby: 8:23am On Mar 06, 2020
K

Re: Nigeria’s Debt Hits N33.078trn As Senate Approves Buhari’s $22.7bn Loan by GamalNasser: 8:26am On Mar 06, 2020
Buhari is clearly Nigerias worst leader ever , in just five years he has outborrowed all other previous govts combined and still does not have single legacy capital project to his name . Nigerians need to find out what Buhari is doing with all these monies because I suspect it's been used to furnish and fund Fulani expansionism across West Africa
Re: Nigeria’s Debt Hits N33.078trn As Senate Approves Buhari’s $22.7bn Loan by saaron(m): 8:28am On Mar 06, 2020
Bizibi:
Just 5 years alone.the debt profile will tripple by 2023.....this president is the dumbest I have seen recently.nothing to show for every single Kobo. Absolutely nothing.
Nigeria does not have a president. What we have is a coalition of wicked souls hidding behind a puppet (Impostor) to rule the country and super impose fulani supremacy over Nigerians. Every policy they make is geared towards Fulanization agenda.
ONE NIGERIA IS DEAD!

1 Like

Re: Nigeria’s Debt Hits N33.078trn As Senate Approves Buhari’s $22.7bn Loan by orisa37: 8:30am On Mar 06, 2020
All SQUANDERED on Consumption by Miyetti Allah FH and to be PAID FOR BY YORUBA AND IGBO FUTURE GENERATIONS. FACTS NOT HATE SPEECH!!!
Re: Nigeria’s Debt Hits N33.078trn As Senate Approves Buhari’s $22.7bn Loan by Bizibi(m): 8:34am On Mar 06, 2020
saaron:
Nigeria does not have a president. What we have is a coalition of wicked souls hidding behind a puppet (Impostor) to rule the country and super impose fulani supremacy over Nigerians. Every policy they make is geared towards Fulanization agenda.
ONE NIGERIA IS DEAD!
people would think there are massive projects in the north but they are just few projects over there.now nobody can explain how they have spent the other loans in the past.
Re: Nigeria’s Debt Hits N33.078trn As Senate Approves Buhari’s $22.7bn Loan by Ekejoestar(m): 8:34am On Mar 06, 2020
In nigeria freedom of speech is sure but ur freedom after speech is not guaranteed, bt Dino said "if u talk, u will die", "if u no talk, u will die", so it better i talk and die. The truth is that nigerians dont want to hear the truth even when presented to their face because of religious, ethnic and political affiltion.... During election time, dem go come to ur street and share money and bags of rice, una go collect and dem go enter and things becomes more worse. Who do we blame if not ourselve, the few people standing for us doesnt get our support....
Re: Nigeria’s Debt Hits N33.078trn As Senate Approves Buhari’s $22.7bn Loan by punisha: 9:01am On Mar 06, 2020
Naija which way?
Re: Nigeria’s Debt Hits N33.078trn As Senate Approves Buhari’s $22.7bn Loan by DModeCntStopMe: 9:08am On Mar 06, 2020
shocked

Nice one!

"We have a target to hit the debt status of the country to 100trillion naira before I retire to Daura, we are surely getting there but we are not there yet.

I enjoin you all well meaning zombies to support in our quest in achieving this great milestone, this was something the last administration failed to achieve.

With the undiluted support of the senate president, unrelenting effort of the defacto president Abba kyari and our amiable godfather, mamman Daura, we are surely on the road to making the exploits.


We sincerely and earnestly thank boko haram, herdsmen, bandits and our ever-loving and trustworthy ally coronavirus for proving the opposition wrong and the help they have rendered so far in achieving this.

I will not fail to recognise the army chief, Buratai and the other compatriots for their resilience in showing to Nigerians and the world at large that these monies are truly needed. We say thank you.

I think I will stop here, we need to get back to work because 2023 is almost here and God willing we hope to arrive at the desired debt profile before 2023 and I swear nothing will stop us from achieving that.

We thank you all for your time, and so help us God.

God bless us all
God bless the Fed rep of Nigeria"

- Maj. Gen. Mohammadu Buhari (rtd)
Re: Nigeria’s Debt Hits N33.078trn As Senate Approves Buhari’s $22.7bn Loan by chriskosherbal(m): 9:18am On Mar 06, 2020
Witcher:
Wow we are lucky.. other countries are owed much more than this
am sorry but sound you dumb, nobody or country should be happy being a debtor even though it's one naira, did you see the chat as the debt profile continue to rise since 2015...

Just as somebody said you can go back to romance section is an advice and once again incase you didn't see the chat look below

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