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N31trn Debt: We Are Taking Loans For Nigeria’s Progress, Says Finance Minister - Politics - Nairaland

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N31trn Debt: We Are Taking Loans For Nigeria’s Progress, Says Finance Minister by oaktvnigeria11: 3:08pm On Feb 26, 2021
The Minister of Finance, Zainab Ahmed, has said that the level of borrowing being made by the Buhari- led administration is not unreasonable and is equally not high.

Speaking at a media briefing at the State House Abuja on Thursday while reacting to criticism regarding high levels of borrowing by the Buhari-led administration, Ahmed said that Nigeria cannot make progress if it doesn’t borrow to fund the building of its infrastructure.

According to her, “the country will not only regress but be left behind if we fail to improve our business environment.”

“The level of borrowing is not unreasonable and it is not high. If we say we will not borrow it simply means that we won’t be building major infrastructure until our revenue rises enough and we will regress as a country.

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“We will be left behind. We wouldn’t be able to improve our business environment and our economy will not grow.

“We just need to make sure that when we borrow, we apply the borrowing to specific major infrastructure that would enhance the business environment in this country,” she said.

source: https://newstrack.oak.tv/n31trn-debt-we-are-taking-loans-for-nigerias-progress-says-finance-minister/

Re: N31trn Debt: We Are Taking Loans For Nigeria’s Progress, Says Finance Minister by Jones4190(m): 3:08pm On Feb 26, 2021
According to a 19th-century legend, the Truth and the Lie meet one day. The Lie says to the Truth: "It's a marvelous day today"! The Truth looks up to the skies and sighs, for the day was really beautiful. They spend a lot of time together, ultimately arriving beside a well. The Lie tells the Truth: "The water is very nice, let's take a bath together!" The Truth, once again suspicious, tests the water and discovers that it indeed is very nice. They UnCloth and start bathing. Suddenly, the Lie comes out of the water, puts on the clothes of the Truth and runs away. The furious Truth comes out of the well and runs everywhere to find the Lie and to get her clothes back. The World, seeing the Truth naked, turns its gaze away, with contempt and rage.
The poor Truth returns to the well and disappears forever, hiding therein its shame. Since then, the Lie travels around the world, dressed as the Truth, satisfying the needs of society, because, the World, in any case, harbors no wish at all to meet the naked Truth

1 Like

Re: N31trn Debt: We Are Taking Loans For Nigeria’s Progress, Says Finance Minister by TheStakeHolder(m): 3:16pm On Feb 26, 2021
No comments...
Re: N31trn Debt: We Are Taking Loans For Nigeria’s Progress, Says Finance Minister by BigSarah(f): 3:17pm On Feb 26, 2021
Where's the progress lady!
Re: N31trn Debt: We Are Taking Loans For Nigeria’s Progress, Says Finance Minister by donbachi(m): 3:29pm On Feb 26, 2021
My son's toy car,is 100 times faster than nigeria's progress.
Re: N31trn Debt: We Are Taking Loans For Nigeria’s Progress, Says Finance Minister by kiddkash(m): 3:33pm On Feb 26, 2021
the so-called future. This woman only Highlights BUBU's failure

Re: N31trn Debt: We Are Taking Loans For Nigeria’s Progress, Says Finance Minister by Freestainworld(m): 3:40pm On Feb 26, 2021
The only progress bin this country now is terrorism and kidnapping
Re: N31trn Debt: We Are Taking Loans For Nigeria’s Progress, Says Finance Minister by amakadlite(f): 3:56pm On Feb 26, 2021
The most retrogressive set of dumbshit ever. is Nigeria even worth 31trillon

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