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$4bn Loan: Our Borrowings Good For Nigeria, Says APC - Politics (3) - Nairaland

Nairaland Forum / Nairaland / General / Politics / $4bn Loan: Our Borrowings Good For Nigeria, Says APC (12381 Views)

Peter Obi Cautions FG Against Further Borrowings / Buhari To Reps: I’ll Finance ₦7.4trn Budget Deficit With New Borrowings / Buhari asks G20 to cancel Nigeria’s debt after fresh $4bn, €710m loan request (2) (3) (4)

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Re: $4bn Loan: Our Borrowings Good For Nigeria, Says APC by J2381: 11:46pm On Sep 15, 2021
Pk01:
I know which region geo political zone you came from
How does your reply answer my question?
Re: $4bn Loan: Our Borrowings Good For Nigeria, Says APC by grandstar(m): 11:57pm On Sep 15, 2021
Economic growth has averaged 1% yearly ever since Buhari came to power.

He is isn't faithful with the little he has, but approval will be given to him to borrow much.

What's so painful is that these borrowed funds will be calculated at the official rate rather than the parallel market rate, which will mean the government loses N100 for every $1. Multiply that by $4bn and you have 400bn down the drain! This is a collosal and inexcusable loss.

1 Like

Re: $4bn Loan: Our Borrowings Good For Nigeria, Says APC by profbray(m): 12:01am On Sep 16, 2021
This people are wicket, but I blame Nigerians sha
Re: $4bn Loan: Our Borrowings Good For Nigeria, Says APC by galaxypropertie: 12:10am On Sep 16, 2021
Tacha completes her new house


https://www.youtube.com/watch?v=1CbYpC02HDc
Re: $4bn Loan: Our Borrowings Good For Nigeria, Says APC by Nobody: 1:30am On Sep 16, 2021
Tedpgrass:


Whole load a rubbish










To the above, given the current wishy-washy structure apparent - lacking governance framework and poor justice delivery... .. Th e-currency will be worse than the wild wild west. Even the ponzi scheme pseudocrypto engines will be better on the short term.



.


As long as infrastructures are being built with the sham currency, what do we lose?
Re: $4bn Loan: Our Borrowings Good For Nigeria, Says APC by EndBuhariNow(m): 1:33am On Sep 16, 2021
People can see the kind of wicked pan apc has for Nigeria. The most annoying part is that, some people stoll support them amidst all these suffering. NIGERIA has gone to the �
Re: $4bn Loan: Our Borrowings Good For Nigeria, Says APC by Tedpgrass: 2:14am On Sep 16, 2021
TimeSpaceWizard:


As long as infrastructures are being built with the sham currency, what do we lose?

See your viewpoint

The likelihood the sham money finances laudable development projects might be as far as night from day..

It most likely will be stolen under different disguises.
And its the man on the street who loses yet again.

.
Re: $4bn Loan: Our Borrowings Good For Nigeria, Says APC by kristo123: 2:18am On Sep 16, 2021
Clueless government
Re: $4bn Loan: Our Borrowings Good For Nigeria, Says APC by ddeola: 2:18am On Sep 16, 2021
A borrower is a slave. Your party is subservient to your masters the Chinese. sad sad sad sad sad sad sad
Re: $4bn Loan: Our Borrowings Good For Nigeria, Says APC by Resurgent2016: 3:32am On Sep 16, 2021
Truthissupreme:
Why mamabbqkills no dey ever dey this kind thread to defend

Abi shimgba no dey reach He/Her after buhari use the loan pay northern businessmen

When intellectual discussions are on fp, can never find it. That is the single most defining character of a zombie
Re: $4bn Loan: Our Borrowings Good For Nigeria, Says APC by ironben(m): 3:41am On Sep 16, 2021
Bunch of inept individuals! angry
Always borrowing!
Trim down your legislators' fat allowances for starters and focus on boosting GDP by mandating that all government vehicles be purchased from within the country!
Give more priority to education of our kids and youths and less to Cattle!!

Currently, in this country, I know for a fact that mining licences has been given to a couple of mining companies that get cut out huge chunks of our granites and other stones out of the ground and ship them to China for peanuts with practically no value added. The same China will use these huge blocks of stones as raw materials to produce polished marbles and guess what? They sell them these finished products back to us thereby draining our forex.
And yet we have a government that can't stop for a minute and think about this foolishness!
#consumermindset
Re: $4bn Loan: Our Borrowings Good For Nigeria, Says APC by Bigchristo: 3:53am On Sep 16, 2021
ogododo:



https://punchng.com/4bn-loan-our-borrowings-good-for-nigeria-says-apc/
I’ve come to realize something that we Nigerians always rant on social media after then we go about our normal business, Nothing really happens the government still going to borrow the money anyway.

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Re: $4bn Loan: Our Borrowings Good For Nigeria, Says APC by nograv: 4:22am On Sep 16, 2021
lytech1:
The most annoying part is this people will still win come 2023

Who are the people voting for them?

Northerners

1 Like

Re: $4bn Loan: Our Borrowings Good For Nigeria, Says APC by seguno2: 4:44am On Sep 16, 2021
Observinho:
We are counting down: 20 months to go. Still far, but we will get there.

Do you have a PVC?
What of everyone around you, do they have PVCs and you have convinced them to vote for the candidates who you are campaigning for
Re: $4bn Loan: Our Borrowings Good For Nigeria, Says APC by Comedian2019: 5:08am On Sep 16, 2021
Xhuntra:
Fools

U won't find dat senior zombie - manabbqgrillz here; evil people.
He will still shamelessly defend it. Zombies don't have shame.
Re: $4bn Loan: Our Borrowings Good For Nigeria, Says APC by Chochovini: 5:18am On Sep 16, 2021
Simeon88:
How will we pay back this loans? That's my only concern
. Pay wetin back? The question is, which ghost project are they fianancing and what were the outcome of previous borrowings?

More like borrow loot. With all these depts unpaid, the regime of the next president will surely see “nwi“. This I have seen.
Re: $4bn Loan: Our Borrowings Good For Nigeria, Says APC by Randy111(m): 5:43am On Sep 16, 2021
osazsky:
There is no country that doesn't borrow when the need arises...nothing wrong with borrowing but u must have a repayment plan and use the money that was borrowed for the purpose

That is why we need you to join us to say buhari and his APC are bunch of idiotic good for nothing fools
Re: $4bn Loan: Our Borrowings Good For Nigeria, Says APC by pickatyoubackup: 5:50am On Sep 16, 2021
God Almighty go help us punish apc useless party.

1 Like

Re: $4bn Loan: Our Borrowings Good For Nigeria, Says APC by HabaHaba: 6:44am On Sep 16, 2021
THIEVES!!!!

1 Like

Re: $4bn Loan: Our Borrowings Good For Nigeria, Says APC by NOBLE179(m): 6:53am On Sep 16, 2021
useless government
Re: $4bn Loan: Our Borrowings Good For Nigeria, Says APC by ThugBoy(m): 7:10am On Sep 16, 2021
Create Job kill of una there.
Re: $4bn Loan: Our Borrowings Good For Nigeria, Says APC by Brushstrokes20: 7:36am On Sep 16, 2021
Ogun kee Una undecided

CHRONIC bunch of self serving THIEVES!

Only a rawlings revolt can salvage the doomed shithole!
Re: $4bn Loan: Our Borrowings Good For Nigeria, Says APC by theostarboy(m): 7:58am On Sep 16, 2021
Keep borrowing we love it
Idiots
Re: $4bn Loan: Our Borrowings Good For Nigeria, Says APC by Blaqpsalm(m): 8:10am On Sep 16, 2021
Why e nor go good....nobi for una mouth

Shior undecided
Re: $4bn Loan: Our Borrowings Good For Nigeria, Says APC by Emmanuelcann: 8:49am On Sep 16, 2021
grin
Re: $4bn Loan: Our Borrowings Good For Nigeria, Says APC by Lamanii22(f): 9:17am On Sep 16, 2021
lytech1:
The most annoying part is this people will still win come 2023

Who are the people voting for them?


The people voting for them are not online
Re: $4bn Loan: Our Borrowings Good For Nigeria, Says APC by udemzeus(m): 9:40am On Sep 16, 2021
Borrow without human capital Development, abi all these ones dey craze
Re: $4bn Loan: Our Borrowings Good For Nigeria, Says APC by Chidywhite: 9:43am On Sep 16, 2021
Moribund leaders, they want to destroy this kentry b4 going to the next planet.
Re: $4bn Loan: Our Borrowings Good For Nigeria, Says APC by Cordenify(m): 9:51am On Sep 16, 2021
Re: $4bn Loan: Our Borrowings Good For Nigeria, Says APC by caandi: 1:49pm On Sep 16, 2021
Na wa o. Okay they should be sharing the borrowed loan

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