President Muhammadu Buhari, on Tuesday, urged the Senate to approve a new external loan of N2,343,387,942,848.00, about $6.183billion, for the Federal Government to finance the 2021 budget deficit.

Senate President Ahmad Lawan read Buhari’s letter of request on the floor of the Senate at plenary.


https://www.google.com/amp/s/thenationonlineng.net/breaking-buhari-seeks-new-n2-342tr-external-loan/amp/


What’s your stake on this? Are we going forward or backwards?

Haaaaaaaa!

What now?

It seems the destiny of this regime is to bankrupt the country.


Sadly the seemingly rubber-stamp legislature will approve this without serious scrutiny.

You rub my back , I rub your back, paddy-paddy arrange 'gonment'

Yes long overdue.

We need money to pay bandit kidnappers.

Immediately the fund is approved, many secondary school kids will be packed. And we will pay billions on dollars to release them.

Goverment throught their agent Gumi organize kidnap and also pay ransom.

Consider the following:

1. A whole school of 600 student was packed with coastal buses. 600? Imagine 600 people migrating. And all our security agencies claim they dont know where they passed...lolz
2. Fulani kidnappers in ogun and lagos accept fund transfers in millions. We can trace endsars protesters account, but kidnappers account numbers are untouchable.

Buhari government is solely behind this fracas. He is not a vegetable you call him, he is criminal.

Approved

Buhari is the dead of this country

Which kind man be this , anybody giving this man loan still is committing a crime against humanity

Urge (meaning)

try earnestly or persistently to persuade (someone) to do something.
"he urged her to come and stay with us"
recommend (something) strongly.
"I urge caution in interpreting these results"

encourage (a person or animal) to move more quickly or in a particular direction.
"drawing up outside the house, he urged her inside"

Thankfully, the Senate can always say no. But if they do not, I'll blame them if this loan is unnecessary.

We have a rubber stamp arm of government, the Legislature that will choose to do the biddings of the Executive at the peril of the ordinary Nigerians.

Fulani running ruining the country ragged

Not enough, add three more zeros to that figure then everything should be excellent.
The country needs the money.

budaatum:


Thankfully, the Senate can always say no. But if they do not, I'll blame them if this loan is unnecessary.

Has there been any loan from Buhari that this rubber stamp Senate have said no to, before??

Akwamkpuruamu:


Has there been any loan from Buhari that this rubber stamp Senate have said no to, before??

Not that I know of. What I have not seen nor heard much of though is anger against "this rubber stamp Senate", which makes me wonder if Nigerians elected a king instead of a president.

We sure treat him like a king if we refuse to hold our representatives in government accountable.

I don't blame him. This present day national assembly should be scrapped. It has no relevance.

budaatum:


Not that I know of. What I have not seen nor heard much of though is anger against "this rubber stamp Senate", which makes me wonder if Nigerians elected a king instead of a president.

We sure treat him like a king if we refuse to hold our representatives in government accountable.

Are you ready to lead the campaign against the 'rubber stamp' arm of government, the Legislature?

Not again.

They should kuku place Nigeria on OLX

budaatum:


Not that I know of. What I have not seen nor heard much of though is anger against "this rubber stamp Senate", which makes me wonder if Nigerians elected a king instead of a president.

We sure treat him like a king if we refuse to hold our representatives in government accountable.

Reason why I have been clamouring for Nigerians to shift their attentions from presidency and focus the energy in electing credible representatives from Senate, to house of reps and state assemblies

Oluwa abeg...make dis loan request crash & burn.
We have borrowed more than enough.
My problem is not the borrowing but the conditions that come with it & the looting of borrowed funds afterwards.
Let no country borrow money to this administration again abeg

helinues:


Reason why I have been clamouring for Nigerians to shift their attentions from presidency and focus the energy in electing credible representatives from Senate, to house of reps and state assemblies

Even fighting for local government should be on the agenda instead of a presidency so far removed. But my people now. They like wailing about politics instead of being political.

Jesu

Who is buhari's chief economic adviser.

Obasanjo had professor Ojogwu, Magnus Kpakol etc.

Buhari assembled a kangaroo 9 man economic team. have you ever seen them meeting with him to advise him.

If they have ever met him, with the way this government loves photo ops, we would have seen.

We have a clueless woman as minister of Finance managing our fiscal policy. The only time you see or hear from minister of finance is when she is about to borrow money or share allocations.

We have a super clueless CBN governor managing our monetary policy. His interest is only in making money through forex.

I am not one of those surprised that the economic is in a cess pit

This is just a confirmation that the prodigal son is one a mission to plunge the country into everlasting debts.

Despite dementia, the only language Buhari seems to understand very well is mindless borrowing and endless debts.

budaatum:


Not that I know of. What I have not seen nor heard much of though is anger against "this rubber stamp Senate", which makes me wonder if Nigerians elected a king instead of a president.

We sure treat him like a king if we refuse to hold our representatives in government accountable.

It is this rubber stamp stooge that will lead the impeachment process of Buhari. He can't do that and he's hell bent on mortgaging this country.

What buhari cannot spoil doesn't exist

Fulani north dey plan how to bankrupt us before secession. They need the money for their ever retrogressive region to survive...for a month though.

...that's their bizness.. No be Arboki??

Does this country have a future?

Built2last:
Jesu

Who is buhari's chief economic adviser.

Obasanjo had professor Ojogwu, Magnus Kpakol etc.

Buhari assembled a kangaroo 9 man economic team. have you ever seen them meeting with him to advise him.

If they have ever met him, with the way this government loves photo ops, we would have seen.

We have a clueless woman as minister of Finance managing our fiscal policy. The only time you see or hear from minister of finance is when she is about to borrow money or share allocations.

We have a super clueless CBN governor managing our monetary policy. His interest is only in making money through forex.

I am not one of those surprised that the economic is in a cess pit

Most of you guys here contributing 're stack illiterates , the money in question was passed by the two chambers already to finance the deficit budget, it is only the source was not passed. pls Buhari not seeking a new loan outside the already passed budget.
Education is the key for national development.

Ole, Barawo, Onye Oshi.

If you are spending 3.4 trillion servicing debt in 2021, how much will the next president spend on debt servicing.
It's either buhari wants to bankrupt this country or some people are using buhari to enrich themselves

SIRAO:

Most of you guys here contributing 're stack illiterates , the money in question was passed by the two chambers already to finance the deficit budget, it is only the source was not passed. pls Buhari not seeking a new loan outside the already passed budget.
Education is the key for national development.

Stack illiterate indeed, I had B.sc in Finance, 2004, M.Sc Finance, 2008. Worked in Banking for 12 years before leaving Nigeria. I went ahead to do executive program on Finance in Harvard. I am tempted to show you my linkedIn profile so you know everyone you see here behind hidden avartars are not stack illiterates in your words. Can you share your profile mr educated

Buhari has been borrowing since he came to office. It is madness to borrow to fund recurrent.

If you borrow this year to fund the budget, what will you do to fund the budget of next and the years after.

Stop making reference to your lame national assembly with no bite.

These pple don't care abt anything or anyone except themselves. All the ones we borrowed b4 wot wia they used 4?God help us