From where kwanu

ask them what 90% of the loan is for its just to pay salaries and allowances of political office holders nothing more no penny would be account for the masses or any infrastructural development. yet we are the ones that would pay for it with the increase of certain monetary policies such as tax & vat.

Racoon:
I dont need it because I'm not running a clueless and rudderless economy venture like the useless govt that is mortgaging Nigeria into eternal indebtedness.

Debt servicing is not a sound economic thing to do in this era of global economic meltdown.Generations will suffer to pay this debts.

When would generations never pay debt?

2loadedguy:

U people just like to display your ignorance online. What will u have the govt do in this instance? There's no money and oil is not selling, do u want the govt to watch u suffer and lose jobs? Do u know how many goods and raw materials that cannot be brought in now as a result of fx paucity? If u don't borrow how do you intend to finance these deals? Please dont just criticise everything but learn how the economy works. I'm not a Buhari fan but I totally agree with this loan right now.

Thank you my brother.

That guy is only playing to the gallery for his "Nigeria must fail under Buhari" crew.

Ask them to bring proposals on how the country would meet the prevailing challenges and watch them crawl back into their caves.

can a common man like me go and collect just 20k dollars grant from IMF? just 20k dollars abeg
with this billions they have been calling everyweek for the past five years...shingbian,i never see.....no one project i dey see with my coro coro eye.

Borrow borrow apc government. One day some group of people will come and claim Nigeria because of Buhari

Oh my God buhari don' even borrow future Nigeria

Long live federal republic of Nigeria.
Our darling daddy is working.
Nigeria shall be great again!

THE NEXT PRESIDENT WILL CARRY THE CROSS...

please i have a question, were do IMF get their monies from? do they print dollars over there or what? i am not understanding.

Corporate2020:
Please borrow more Buhari and complete Lagos-Ibadan Expressway, Lagos-Abeokuta-Ibadan-Ilorin-Kano Railway and the 2nd Niger Bridge which Goatluck Jonaddaft commissioned on the drawing board and name it Muhammadu Buhari 2nd Niger Bridge. Also start the Lagos-Calabar Eastern Corridor Railway.

When the next looter comes in as President, he will be paying the loans and there will be little to loot while Nigerians will be enjoying the infrastructure built with the loans.

It's good to dream

am neither surprised nor worried by their hatred for president Buhari. A cat and rats cannot live in the same place. Too many things divide and draw heavy distinction between president Buhari and his haters. He loves Nigeria, they hate it. He is honest, they are dishonest. He has character, they lack it. He pursues the hereafter, they struggle to get the world in their armpits. He is patriotic, they are greedy & selfish. He serves, they detail and enslave. HE IS DEVOID OF MORAL STAINS, THEY ARE IMMORALITY PERSONIFIED. His past is clean and shinny, their past hunts them. They are thieves. How can they love him?

The next government and the one after have already failed lai dis lai dis!

It baffles me how we want to believe that this govt can pay back a loan when they keep collecting loan to pay their workers

Govt of irredeemable THIEVES!

Diswan wen e be say oil price dun begin crash gradually, globally.
How Naija wan take cough out $3.4billion in 5years time ni

How? How can they repay the money?

Who in his/her right sense doesn't know that a grant is always meant to be repaid?

Anyone who thought otherwise should return his/her school fees to his/her parents.

How?

Corporate2020:
Please borrow more Buhari and complete Lagos-Ibadan Expressway, Lagos-Abeokuta-Ibadan-Ilorin-Kano Railway and the 2nd Niger Bridge which Goatluck Jonaddaft commissioned on the drawing board and name it Muhammadu Buhari 2nd Niger Bridge. Also start the Lagos-Calabar Eastern Corridor Railway.

When the next looter comes in as President, he will be paying the loans and there will be little to loot while Nigerians will be enjoying the infrastructure built with the loans.

Buhari dat will die within a month, u will die with him

sLentlover7778:
Before 5years go come, I go don become Canada citizen..

No be for mouth ooo everything don set..

Continue to blow your trumpet make your village people hear am.

All dis incompetence people go just dey borrow without thought of how to increase our GDP before borrowing, ordinary match sticks, toothpick, PPE supply to the world dis time needed we no produce, everything nah imported, wetin happen to the money borrowed, looted. I hope they would be alive to pay this debt back or it would be a problem of common people tryna survive. Say No To Incompetency

Racoon:



https://leadership.ng/2020/04/30/nigeria-to-repay-imf-3-4bn-in-5-years/

I pray I be the next president all entire APC members I will be their night mare.

amrichy:
For those that have the answer(s), here is what I'm curious to know: what happens if Nigeria fails to repay the loan as at when due? What penalties are attached to defaulting the payment?

Failure to pay the IMF would entitle some of Greece's other creditors, including the European bailout fund, to declare a default. They would then have the option to demand immediate repayment of all their loans, a process known as acceleration. Other lenders could then follow suit. ... Each creditor decides on its own.

Okuuur

[s]

Corporate2020:
Please borrow more Buhari and complete Lagos-Ibadan Expressway, Lagos-Abeokuta-Ibadan-Ilorin-Kano Railway and the 2nd Niger Bridge which Goatluck Jonaddaft commissioned on the drawing board and name it Muhammadu Buhari 2nd Niger Bridge. Also start the Lagos-Calabar Eastern Corridor Railway.

When the next looter comes in as President, he will be paying the loans and there will be little to loot while Nigerians will be enjoying the infrastructure built with the loans.

[/s] How can a comment describe vividly how stupid one can be. Shame on you!

Obviously this govt have screwed things up for the incoming govt.

Corporate2020:
Please borrow more Buhari and complete Lagos-Ibadan Expressway, Lagos-Abeokuta-Ibadan-Ilorin-Kano Railway and the 2nd Niger Bridge which Goatluck Jonaddaft commissioned on the drawing board and name it Muhammadu Buhari 2nd Niger Bridge. Also start the Lagos-Calabar Eastern Corridor Railway.



When the next looter comes in as President, he will be paying the loans and there will be little to loot while Nigerians will be enjoying the infrastructure built with the loans.

To the last paragraph, that's an utopian dream, mate....
All these incompetent hands simply hand over heavy debts to our children and their children to pay up.

Madam minister ** and her team of sychophants **better read the fine print, ((clean those specs well or better still get a new pair that reads well)) as this is a strategic way of putting the shackles on Naija's feet when we can't pay up and it's deemed a PDP party failure in 5 years..... What hurts most, will be the presence of the persisting lack of infrastructure that it was meant to address in the 1st place.



.

If the country disintegrate this year , which side will repay the loan ?