BBC NEWS: UK to borrow £394bn in 2021 to pay for public workers & others.
ME: That's N190 trillion equivalent to �� 17 years budget. Na Buhari's fault.

#OCCUPYFARMS: UK is Borrowing 394billion Pounds. The USA Borrowed $3Trillion Between April & June, 2020. Nigeria Will Need 2Borrow About $25billion 2Recover From The Impact of #COVID19 Plus #ENDSARS & Someone Will Tell Me Borrowing is A Sign of Poor Planning & Mgt.
DEM FIT WELL?

UK is also in recession.
In a recession year u borrow ur way out of recession.

NASTYNASOSO:

BBC NEWS: UK to borrow £394bn in 2021 to pay for public workers & others.
ME: That's N190 trillion equivalent to �� 17 years budget. Na Buhari's fault.

#OCCUPYFARMS: UK is Borrowing 394billion Pounds. The USA Borrowed $3Trillion Between April & June, 2020. Nigeria Will Need 2Borrow About $25billion 2Recover From The Impact of #COVID19 Plus #ENDSARS & Someone Will Tell Me Borrowing is A Sign of Poor Planning & Mgt.
DEM FIT WELL?

Op these countries borrow money to better the living conditions of their citizens.
While Buhari and his crooks borrow to pocket the money for their selfish interests.

D

NASTYNASOSO:

BBC NEWS: UK to borrow £394bn in 2021 to pay for public workers & others.
ME: That's N190 trillion equivalent to �� 17 years budget. Na Buhari's fault.

#OCCUPYFARMS: UK is Borrowing 394billion Pounds. The USA Borrowed $3Trillion Between April & June, 2020. Nigeria Will Need 2Borrow About $25billion 2Recover From The Impact of #COVID19 Plus #ENDSARS & Someone Will Tell Me Borrowing is A Sign of Poor Planning & Mgt.
DEM FIT WELL?

People like you are the reason Nigeria can't progress because u are in majority

Even if uk borrow 1 trillion dollars , the question is can they service it ?

U make 350 billion naira on a good month as a country , wage bill is 180 billion , debt servicing is 150 billion .....and in your normal sense u think u should borrow more

Enter economics class u no gree now see as you disgrace your family

Igbochief001:

People like you are the reason Nigeria can't progress because u are in majority

Even if uk borrow 1 trillion dollars , the question is can they service it ?

U make 350 billion naira on a good month as a country , wage bill is 180 billion , debt servicing is 150 billion .....and in your normal sense u think u should borrow more

Enter economics class u no gree now see as you disgrace your family

HMMMMMMM

YOUR ASSERTIONS HOLD NO WATER..
YOUR LOCAL MARKET ECONOMICS HAS NO BASIS IN MODERN DAY ECONOMICS .

WHY CANT YOU USE INDIAN ECONOMY THAT IS IN RECESSION FIRST TIME IN ABOUT 70 YEARS TO APPLY YOUR CLAIM.

YOUR MUMU DON DO ABEG

Nawa

NASTYNASOSO:


HMMMMMMM

YOUR ASSERTIONS HOLD NO WATER..
YOUR LOCAL MARKET ECONOMICS HAS NO BASIS IN MODERN DAY ECONOMICS .

WHY CANT YOU USE INDIAN ECONOMY THAT IS IN RECESSION FIRST TIME IN ABOUT 70 YEARS TO APPLY YOUR CLAIM.

YOUR MUMU DON DO ABEG

I'm talking about revenue to debt servicing you are here talking about recession

Borrowing money is easy ...do u have what it takes to pay back ?

Would the borrowed money increase your revenue ?

Igbochief001:

I'm talking about revenue to debt servicing you are here talking about recession

Borrowing money is easy ...do u have what it takes to pay back ?

Would the borrowed money increase your revenue ?

HMMMMMMM

YOU CAN BORROW TO INCREASE YOUR REVENUE AND ADD VALUE .
WE ARE BORROWING FOR CAPITAL PROJECTS OF URGENT NEED.

IN MOST CASES WE ARE WASTING TWICE THE RESOURCES IF THE PROJECTS ARE NOT EXECUTED .
SO WE NEED TO BORROW.

NASTYNASOSO:


HMMMMMMM

YOU CAN BORROW TO INCREASE YOUR REVENUE AND ADD VALUE .
WE ARE BORROWING FOR CAPITAL PROJECTS OF URGENT NEED.

IN MOST CASES WE ARE WASTING TWICE THE RESOURCES IF THE PROJECTS ARE NOT EXECUTED .
SO WE NEED TO BORROW.

Capital project and revenue generating revenue are different ...we used billions of dollars to build Abuja kaduna road ...how much do we make in a day from it ? Upto 5 million what year would u pay back with such change


U want to borrow 22 billion to build rails ...that would increase our debt servicing by over 80 billion a month or more ....can those railline generate even 10 billion a month ?

Igbochief001:

Capital project and revenue generating revenue are different ...we used billions of dollars to build Abuja kaduna road ...how much do we make in a day from it ? Upto 5 million what year would u pay back with such change


U want to borrow 22 billion to build rails ...that would increase our debt servicing by over 80 billion a month or more ....can those railline generate even 10 billion a month ?

Dude, if a country like Nigeria, with its low annual budget of $35 billion has to use its income alone to fund development, it would take a century or more to reach there. They've really no choice but to borrow, in the hope that infrastructure built will generate greater economic activity and raise GDP.

rossniti:


Dude, if a country like Nigeria, with its low annual budget of $35 billion has to use its income alone to fund development, it would take a century or more to reach there. They've really no choice but to borrow, in the hope that infrastructure built will generate greater economic activity and raise GDP.

Your budget is Inflated even ...we make less than $15 billion a year

The question should be y ...a fairly smart person ruling Nigeria can generate $100 billion a year it's easy super easy