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Nairaland Forum / Nairaland / General / Politics / FG Suspends Plans To Borrow $22.7bn (29433 Views)
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FG Suspends Plans To Borrow $22.7bn by BUHARIISCURSED(m): 5:18pm On Mar 16, 2020 |
The Minister of Finance, Mrs. Zainab Ahmed, Monday, disclosed that the Federal Government has suspended its $22.7 billion external borrowing plans due to current realities in the global economic landscape. https://www.google.com/amp/s/www.vanguardngr.com/2020/03/fg-suspends-plans-to-borrow-22-7bn/amp/ 3 Likes 1 Share
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Re: FG Suspends Plans To Borrow $22.7bn by BUHARIISCURSED(m): 5:25pm On Mar 16, 2020 |
Nobody agree to borrow us, 1936 Bread depression go small where our own they 75 Likes 5 Shares |
Re: FG Suspends Plans To Borrow $22.7bn by okpalaAnambra: 5:25pm On Mar 16, 2020 |
They should have continued naw, what made them stop borrowing to enrich themselves and leaving out south east which is the commercial engine of the country awọn eniyan isọkusọ ti ko ni ero rara 80 Likes 2 Shares |
Re: FG Suspends Plans To Borrow $22.7bn by Racoon(m): 5:38pm On Mar 16, 2020 |
The finance minister explained that the decision of the government to suspend the borrowing was due to the fact that market indices do not support external borrowings at the moment.Thought they were busy down playing it that Nigeria have not borrowed enough even competing with sound economies while our domestic & foreign debt pillage continued? Guess recession is no more a byword? Global financial realities is now making more sense to these chronic indebtors? Debt servicing is not debt payment. 52 Likes 1 Share |
Re: FG Suspends Plans To Borrow $22.7bn by ClassicMG(m): 5:43pm On Mar 16, 2020 |
Racoon: 5 Likes |
Re: FG Suspends Plans To Borrow $22.7bn by BUHARIISCURSED(m): 5:44pm On Mar 16, 2020 |
ClassicMG:One is principal one is student, and you service a loan till you pay the principal 46 Likes 2 Shares |
Re: FG Suspends Plans To Borrow $22.7bn by saintokwuluora(m): 5:54pm On Mar 16, 2020 |
Nigeria is indeed a peculiar nation, while many other nations are counting their losses due to coronavirus, Nigerians are benefitting from it. Like someone on Nairaland used to say" If you know, you know". 3 Likes |
Re: FG Suspends Plans To Borrow $22.7bn by baby124: 5:58pm On Mar 16, 2020 |
Debtor minister. Nothing de her head other than to borrow money. 31 Likes 1 Share |
Re: FG Suspends Plans To Borrow $22.7bn by ClassicMG(m): 6:02pm On Mar 16, 2020 |
BUHARIISCURSED:Olodo geng 10 Likes 2 Shares |
Re: FG Suspends Plans To Borrow $22.7bn by chozzy: 6:06pm On Mar 16, 2020 |
This 9th Assembly is a disgrace for even approving such huge borrowings. Ahmed Lawan is the worst Senate President since independence. 85 Likes 14 Shares
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Re: FG Suspends Plans To Borrow $22.7bn by BUHARIISCURSED(m): 6:08pm On Mar 16, 2020 |
ClassicMG:Debt service is the cash required to pay back the principal and interest of outstanding debt for a particular period of time. The debt service ratio is a tool used to assess a company's leverage. ... In order to carry a high debt load, a company must generate consistent and reliable profits to service the debt. Wetin I talk way bad 5 Likes 2 Shares |
Re: FG Suspends Plans To Borrow $22.7bn by iammo(m): 6:10pm On Mar 16, 2020 |
FG just played them.. suspension, suspension, pick 2, general market , check out!! They suspendended it after they got the approval they needed, meaning when they get the loan wailers wont even know . 7 Likes 1 Share |
Re: FG Suspends Plans To Borrow $22.7bn by Nobody: 6:11pm On Mar 16, 2020 |
Ahmed Lawan is a rubberstamp and a compound fool. Thank God for Igbo senators who spoke in unison against this money heist. And thank God for Gbaja that grew some balls to suspend consideration on the borrowing plan. Again Ahmed Lawan is a potbellied idiot. Saraki where art thou, Nigeria is in need of thee? 67 Likes 3 Shares |
Re: FG Suspends Plans To Borrow $22.7bn by ClassicMG(m): 6:13pm On Mar 16, 2020 |
BUHARIISCURSED: 3 Likes |
Re: FG Suspends Plans To Borrow $22.7bn by Olugbanko: 6:15pm On Mar 16, 2020 |
Victory for the common man! 6 Likes |
Re: FG Suspends Plans To Borrow $22.7bn by Ogegeodey(m): 6:26pm On Mar 16, 2020 |
When I read the news aloud, the baby in my neighbor's womb leap for joy. Good new to my unborn children. The second advantage of Corona virus to Nigeria. The first is travel restriction for Buhari. 29 Likes 1 Share |
Re: FG Suspends Plans To Borrow $22.7bn by YorubaKinging: 6:37pm On Mar 16, 2020 |
Lol,, please don't suspend it Sheybi your collateral na CBN and nnpc Make oyinbo come back come recolonize us 2 Likes |
Re: FG Suspends Plans To Borrow $22.7bn by sotall(m): 6:37pm On Mar 16, 2020 |
Re: FG Suspends Plans To Borrow $22.7bn by donnie(m): 6:37pm On Mar 16, 2020 |
Good move. Look for another means to loot. 1 Like |
Re: FG Suspends Plans To Borrow $22.7bn by tot(f): 6:37pm On Mar 16, 2020 |
They should not suspend it. Borrowing borrowing borrowing, nothing on ground to show for it. Bunch of thieves. 7 Likes |
Re: FG Suspends Plans To Borrow $22.7bn by whytediamond(m): 6:37pm On Mar 16, 2020 |
All these monies they keep borrowing, no one has been able to tell where the funds are being utilised for the betterment of the common man. 2 Likes |
Re: FG Suspends Plans To Borrow $22.7bn by PHIPEX(m): 6:38pm On Mar 16, 2020 |
Coronavirus virus has done what common sense could not do in Nigeria, shame on rubber stamp Senate. 14 Likes 2 Shares |
Re: FG Suspends Plans To Borrow $22.7bn by TroubleMaker47(m): 6:38pm On Mar 16, 2020 |
Good news! Ahmed Lawal is a real shameless pig! 10 Likes 2 Shares |
Re: FG Suspends Plans To Borrow $22.7bn by Mosthandsomeboy(m): 6:38pm On Mar 16, 2020 |
Who can tell me why federal government can't pay complete salaries though? 2 Likes
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Re: FG Suspends Plans To Borrow $22.7bn by chizpim(m): 6:38pm On Mar 16, 2020 |
criminals .. looters everywhere 3 Likes |
Re: FG Suspends Plans To Borrow $22.7bn by pointstores(m): 6:38pm On Mar 16, 2020 |
Na them Sabi borrow wellw well history is dere |
Re: FG Suspends Plans To Borrow $22.7bn by NOL2dworld(m): 6:38pm On Mar 16, 2020 |
I swear this clueless man will sink Nigeria.. Another $22.7b 4 Likes 1 Share |
Re: FG Suspends Plans To Borrow $22.7bn by Nobody: 6:38pm On Mar 16, 2020 |
Maybe some of the institutions have already started declining to borrow us after realising it would be squandered... Bunch of reckless folks. Must we keep borrowing and enslaving the next generation?! 7 Likes 1 Share |
Re: FG Suspends Plans To Borrow $22.7bn by Nobody: 6:38pm On Mar 16, 2020 |
The rubber stamped Senate should be ashamed Bunch of clowns who can't reason 9 Likes |
Re: FG Suspends Plans To Borrow $22.7bn by money121(m): 6:38pm On Mar 16, 2020 |
Ok |
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