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Buhari, Stop The Reckless Borrowing - Punch Editorial - Politics (3) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Buhari, Stop The Reckless Borrowing - Punch Editorial (11293 Views)

$1.2 Billion Brazil Loan:  PDP Taunts Buhari Over Reckless Borrowing / PDP Dismisses The "Reckless" And "Groundless" Claims Of APC / Atiku, Ekweremadu, Akpabio Protest Against Buhari: "Buhari Stop The Killngs" (2) (3) (4)

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Re: Buhari, Stop The Reckless Borrowing - Punch Editorial by Gbogbowa: 9:21am On Sep 24, 2021
Maxymilliano:
Buhari, stop the reckless borrowing
Punch Editorial Board
24 September 2021


https://punchng.com/buhari-stop-the-reckless-borrowing/?utm_term=Autofeed&utm_medium=Social&utm_source=Facebook#Echobox=1632450588
I will approved this loan if the president can show me evidence of borrowed money to increase his personal farm,it's better to borrow money to buy reasonable bond that can pay back the loan than infrastrution that can not generate the money,let the government allow individual to build rails,port, airport to ease all this problem,just a refinary from Dangote will function better than all our refinary

1 Like

Re: Buhari, Stop The Reckless Borrowing - Punch Editorial by Frank25: 9:36am On Sep 24, 2021
buhari's government has failed his entire subjects and if care is not taken this might lead to another different thing all together
meanwhile u can check out my ongoing true life story(my legacy) in literature section please

1 Like

Re: Buhari, Stop The Reckless Borrowing - Punch Editorial by stephenabudu959(m): 9:45am On Sep 24, 2021
FreeStuffsNG:
It's Punch nau, not surprised.

It will be so nice to see their own company balance sheet and let's see if they are not borrowing.

The Punch that laid off workers just a month into the lockdown and paid the disengaged staff one month salary in lieu of notice yet the PMB they hate so much did not lay off and was even giving cash to support citizens before, during and after the covid-19 lockdown( The leaders were so busy that it was during the lockdown the VP was nearly killed in a helicopter crash). Talk is cheap.

Btw, below is the humongous crushing debt of the US, mostly incurred from buying junk bonds, not building infrastructures like Nigeria
https://www.cbsnews.com/amp/news/debt-ceiling-default-6-million-jobs-15-trillion-wealth/

If you need free book on business ideas & money sources directory,
https://www.nairaland.com/6666800/looking-business-ideas-money-fund
"God bless Nigeria "
FreeStuffsNG



Would u compare the economy of the US and that of Nigeria..... Go and check the debt that was left by previous administration and that of Buhari and then come back and argue

1 Like 1 Share

Re: Buhari, Stop The Reckless Borrowing - Punch Editorial by sucess001(m): 9:45am On Sep 24, 2021
FreeStuffsNG:

To increase aggregate output that pulled us out of recession twice, pay salaries of about 30 states with civil servants dying from hunger due to months of backlog of owed salaries and now to get back the country working through massive CBN funds intervention in critical sectors of the economy after covid-19 set back. These funds are cheaper sources and the infrastructures they're being used for can pay back over time as seen with the trains now fetching billions https://www.thecable.ng/nbs-railway-transport-services-generated-n2-1bn-revenue-in-six-months/amp

Pls stop these unintelligent arguments

1 Like

Re: Buhari, Stop The Reckless Borrowing - Punch Editorial by naturefellow(m): 9:52am On Sep 24, 2021
RodgersAkpafu:

His head is far up in Buharis arse
Isnt it obvious form his comments
intern to and monogamy

1 Like

Re: Buhari, Stop The Reckless Borrowing - Punch Editorial by legba1(m): 9:56am On Sep 24, 2021
FreeStuffsNG:
It's Punch nau, not surprised.

It will be so nice to see their own company balance sheet and let's see if they are not borrowing.

The Punch that laid off workers just a month into the lockdown and paid the disengaged staff one month salary in lieu of notice yet the PMB they hate so much did not lay off and was even giving cash to support citizens before, during and after the covid-19 lockdown( The leaders were so busy that it was during the lockdown the VP was nearly killed in a helicopter crash). Talk is cheap.

Btw, below is the humongous crushing debt of the US, mostly incurred from buying junk bonds, not building infrastructures like Nigeria
https://www.cbsnews.com/amp/news/debt-ceiling-default-6-million-jobs-15-trillion-wealth/

If you need free book on business ideas & money sources directory,
https://www.nairaland.com/6666800/looking-business-ideas-money-fund
"God bless Nigeria "
FreeStuffsNG

What exactly are you even saying.. Are you justifying the untamed borrowing thirst of this administration? The previous loaned and bonds, of what benefits have they been to the common man on the street? Do you even follow statistics... Do you realize what humongous portion of government revenue/budget goes into loan servicing? OBJ that worked his socks up to reduced Nigerians loan to its nearest minimum, do you think he is mate with your lord and savior economics management wise. Can you compare his team of economics managers to bubus.
Now about Punch, I will implore you don't even go there. The coy pays the best wages in the industry. They built the PUNCH Place worth 4billion with equipment without taking loan from any financial institution... Get your facts right and stop misleading the public.. Bubu no try at all. Face the fact and stop defending the undefendable.

2 Likes 1 Share

Re: Buhari, Stop The Reckless Borrowing - Punch Editorial by cenacasper(m): 10:32am On Sep 24, 2021
Bubu nah ripper
I'm tired of reading Nigerian news

1 Like

Re: Buhari, Stop The Reckless Borrowing - Punch Editorial by Hassanmaye(m): 10:37am On Sep 24, 2021
FreeStuffsNG:
It's Punch nau, not surprised.

It will be so nice to see their own company balance sheet and let's see if they are not borrowing.

The Punch that laid off workers just a month into the lockdown and paid the disengaged staff one month salary in lieu of notice yet the PMB they hate so much did not lay off and was even giving cash to support citizens before, during and after the covid-19 lockdown( The leaders were so busy that it was during the lockdown the VP was nearly killed in a helicopter crash). Talk is cheap.

Btw, below is the humongous crushing debt of the US, mostly incurred from buying junk bonds, not building infrastructures like Nigeria
https://www.cbsnews.com/amp/news/debt-ceiling-default-6-million-jobs-15-trillion-wealth/

If you need free book on business ideas & money sources directory,
https://www.nairaland.com/6666800/looking-business-ideas-money-fund
"God bless Nigeria "
FreeStuffsNG
what did first class USA borrow this huge money!!
Re: Buhari, Stop The Reckless Borrowing - Punch Editorial by PROPHETmichael: 10:54am On Sep 24, 2021
The problem is not Buhari but The National Assembly. If they don't approve it, Buhari will not borrow.

1 Like

Re: Buhari, Stop The Reckless Borrowing - Punch Editorial by Premiumwriter2: 11:22am On Sep 24, 2021
FreeStuffsNG:

That's where you are getting us wrong, we have a voice and that voice, we will use responsibly , respectfully and patriotically .

The company of today that will last don't hide and play it safe on issues that affect the state .

The Punch is a business and FreeStuffsNG is a business, if The Punch has an opinion, so does FreeStuffsNG as a stakeholder in the Nigerian project .

We don't sit on the fence on issues of nation building because of timidity and sacrifice our long term vision to be part of those who will join other patriots to build the Nigeria of our dreams .

That's why we hire only First Class brains to join us and these team players bring their knowledge, mind and emotion to the group objective . For us, our ethos and culture is patriotism over profit. If there's no Nigeria, there's no FreeStuffsNG

Another pathetic post from the 'best brains'

The punch is in its business niche. Politics is what the paper live for. It is the soul of the punch.

Having political opinions and commentary is why people patronize and buy punch product.

On the other hand, what is your niche? Do people patronize you based on your political opinions? Does your business cater to the need of those who are politically different from your business?

You are just been very pathetic. And for the record, you contributed nothing to the thread. All you did is to shamefully abuse the punch newspaper without actually addressing the issues it raised. Wonder is that's how the 'best' brain thinks.

Secondly, we did not elect the Punch newspaper. Its internal affairs is non of our business. Buhari on the other hand is using the nigerian people to borrow money. That is a concerned for everyone.

Rather than address the issue, your employed 'best brains' talked about the internal affairs of the newspaper.

See how foolish your business looks now?

2 Likes

Re: Buhari, Stop The Reckless Borrowing - Punch Editorial by FreeStuffsNG: 11:35am On Sep 24, 2021
Premiumwriter2:


[s]Another pathetic post from the 'best brains'

The punch is in its business niche. Politics is what the paper live for. It is the soul of the punch.

Having political opinions and commentary is why people patronize and buy punch product.

On the other hand, what is your niche? Do people patronize you based on your political opinions? Does your business cater to the need of those who are politically different from your business?

You are just been very pathetic. And for the record, you contributed nothing to the thread. All you did is to shamefully abuse the punch newspaper without actually addressing the issues it raised. Wonder is that's how the 'best' brain thinks.

Secondly, we did not elect the Punch newspaper. Its internal affairs is non of our business. Buhari on the other hand is using the nigerian people to borrow money. That is a concerned for everyone.

Rather than address the issue, your employed 'best brains' talked about the internal affairs of the newspaper.

See how foolish your business looks now? [/s]

You're a cup that's full and can't take any more, so to avoid further hurling of insults at us, there's no point explaining to you why nation building is the business of every private and corporate citizen.

Your use of uncouth words alone says much about why you are pro-punch. We at FreeStuffsNG have a voice and we will use it .

We wish you good luck.
Re: Buhari, Stop The Reckless Borrowing - Punch Editorial by Premiumwriter2: 11:40am On Sep 24, 2021
FreeStuffsNG:


You're a cup that's full and can't take any more. Your use of uncouth words alone says much about why you are pro-punch.
We wish you good luck.
lolz

There's no we.

Just you and bmc 30k per month.

You are pathetic bro. And here I am thinking freestuffng will eventually amount to something someday.

Any wise person knows that for success in the modern world, it's imperative to separate business from personal religion, politics and sexual orientation. You are pathetic.
Re: Buhari, Stop The Reckless Borrowing - Punch Editorial by erniok(m): 11:43am On Sep 24, 2021
FreeStuffsNG:

Okay, here it is sir https://www.cnbc.com/2020/08/10/the-fed-bought-more-blue-chip-and-junk-bonds-and-has-started-making-main-street-loans.html
I hope it helps sir.

Thanks sir. This article is about feds ( central bank of the United States) investment. I was hoping to see the one of the government ( handled by both feds and treasury) borrowing to buy junk bonds.

1 Like

Re: Buhari, Stop The Reckless Borrowing - Punch Editorial by drealcivilceno(m): 12:18pm On Sep 24, 2021
greenie77:


How has FG's borrowing since 2015, helped improve the standard of living of the overwhelming majority of Nigerians?

That is the thing.

Whether or not, they borrow, you masses don't have any say.

If they do not borrow, the next president might come and still tax you and still borrow, and we all will cry and do nothing about it.

The only power we have is during elections to vote the right person, that is why they will always want to make election process useless.

So you people should choose wisely.
Re: Buhari, Stop The Reckless Borrowing - Punch Editorial by Abelino(m): 12:21pm On Sep 24, 2021
Oga stop supporting Evil. It will do you no good Mr Eye service
FreeStuffsNG:
It's Punch nau, not surprised.

It will be so nice to see their own company balance sheet and let's see if they are not borrowing.

The Punch that laid off workers just a month into the lockdown and paid the disengaged staff one month salary in lieu of notice yet the PMB they hate so much did not lay off and was even giving cash to support citizens before, during and after the covid-19 lockdown( The leaders were so busy that it was during the lockdown the VP was nearly killed in a helicopter crash). Talk is cheap.

Btw, below is the humongous crushing debt of the US, mostly incurred from buying junk bonds, not building infrastructures like Nigeria
https://www.cbsnews.com/amp/news/debt-ceiling-default-6-million-jobs-15-trillion-wealth/

If you need free book on business ideas & money sources directory,
https://www.nairaland.com/6666800/looking-business-ideas-money-fund
"God bless Nigeria "
FreeStuffsNG
Re: Buhari, Stop The Reckless Borrowing - Punch Editorial by nedekid: 1:13pm On Sep 24, 2021
Aufbauh:
People are just being sensational about this borrowing stuff.
If you don't have money to take care of yourself what do you do? Fold your hands and look up or beg when you have the capacity to borrow?
Oga, if you don't have money to take care of yourself, you cut down your expenses and get innovative, eg look for work, petty trade, market cars for dealers online (99.9% of car dealers on nairaland autos don't have money to take care of themselves grin).
After Lagos federal funding was cut, Lagos got innovative and increased its igr. It did not go on a borrowing spree.
So because paylater, branch, sokoloanetc are available, folks that don't have forseable income, people insolvent should go and collect loans to feed themselves right? At the end of the day it becomes endless circle of debt.
Re: Buhari, Stop The Reckless Borrowing - Punch Editorial by nedekid: 1:15pm On Sep 24, 2021
I assure you that if people like Peter Obi or Ambode were president, this country will not be in this mess. People with financial skills, not "worbia", open mouth, chop today, allah will provide tomorrow.
Re: Buhari, Stop The Reckless Borrowing - Punch Editorial by JOemmy(m): 3:23pm On Sep 24, 2021
Nigerians elected a sadist and a terrorist who only enjoys seeing people suffer and hopeless.

1 Like

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