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Nairaland Forum / Nairaland / General / Politics / 2022 Budget: Reps Fear Economy Collapse, Says Debt Servicing Too High (9302 Views)
Budget: Reps Approve ₦8.4tn Borrowing, ₦6.3tn Debt Service / 2022 Budget: Reps Panel Demands Extra N500b For Rehabilitation Of Nigerian Roads / 2019 Budget: Reps Threaten To Boycott Presentation Over Minister’s Remarks (2) (3) (4)
2022 Budget: Reps Fear Economy Collapse, Says Debt Servicing Too High by BeeBeeOoh(m): 9:39pm On Oct 13, 2021 |
As the legislative debate on the 2022 budget, which was presented to the joint session of lawmakers by President Muhammadu Buhari last week continued on Wednesday, members of the House of Representatives expressed concerns over the high rate of debt servicing. https://dailypost.ng/2021/10/13/2022-budget-reps-fear-economy-collapse-say-debt-servicing-too-high/ 2 Likes 3 Shares
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Re: 2022 Budget: Reps Fear Economy Collapse, Says Debt Servicing Too High by Bola146(f): 9:40pm On Oct 13, 2021 |
2 Likes |
Re: 2022 Budget: Reps Fear Economy Collapse, Says Debt Servicing Too High by Gandollar(f): 9:42pm On Oct 13, 2021 |
But you guys will still rubber stamp more borrowings if the mannequin comes back tomorrow. 83 Likes 2 Shares |
Re: 2022 Budget: Reps Fear Economy Collapse, Says Debt Servicing Too High by thesicilian: 6:39am On Oct 14, 2021 |
These fools think they can deceive any sensible Nigerian. They pretend to feel concerned in public but still accept the bribes behind closed doors to approve all the numerous loan requests with ridiculous terms and conditions from their walking dead boss. 67 Likes 2 Shares |
Re: 2022 Budget: Reps Fear Economy Collapse, Says Debt Servicing Too High by Emu4life(m): 6:39am On Oct 14, 2021 |
And and the Clueless buffoons are still borrowing more just to pay salaries. 3 Likes
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Re: 2022 Budget: Reps Fear Economy Collapse, Says Debt Servicing Too High by letristian: 6:39am On Oct 14, 2021 |
What do you expect when the head is lifeless 5 Likes |
Re: 2022 Budget: Reps Fear Economy Collapse, Says Debt Servicing Too High by apriko(m): 6:40am On Oct 14, 2021 |
But the Economy has failed already.... 3 Likes |
Re: 2022 Budget: Reps Fear Economy Collapse, Says Debt Servicing Too High by Perfectnumber6(m): 6:40am On Oct 14, 2021 |
Please you guys should approve it.. Is it not for you guys own pockets mtcheeew 3 Likes 1 Share |
Re: 2022 Budget: Reps Fear Economy Collapse, Says Debt Servicing Too High by Winters23: 6:40am On Oct 14, 2021 |
Re: 2022 Budget: Reps Fear Economy Collapse, Says Debt Servicing Too High by yanabasee2: 6:41am On Oct 14, 2021 |
Yet they will approve it and the rubber stamp senate leader will salivate at the site of loan files from Buhari, to approve... Our mumu never do.... 2 Likes |
Re: 2022 Budget: Reps Fear Economy Collapse, Says Debt Servicing Too High by tradepunter: 6:41am On Oct 14, 2021 |
Ok |
Re: 2022 Budget: Reps Fear Economy Collapse, Says Debt Servicing Too High by harmargedon: 6:41am On Oct 14, 2021 |
Economy wey don collapse like old woman breast. 1 Like |
Re: 2022 Budget: Reps Fear Economy Collapse, Says Debt Servicing Too High by RZArecta(m): 6:41am On Oct 14, 2021 |
Oh, so they're afraid now ? 1 Like |
Re: 2022 Budget: Reps Fear Economy Collapse, Says Debt Servicing Too High by IbrahimSkiba(f): 6:42am On Oct 14, 2021 |
Re: 2022 Budget: Reps Fear Economy Collapse, Says Debt Servicing Too High by Osyxcel(m): 6:42am On Oct 14, 2021 |
It's like they are not okay. Who approved the loans? 2 Likes |
Re: 2022 Budget: Reps Fear Economy Collapse, Says Debt Servicing Too High by fasho01(m): 6:42am On Oct 14, 2021 |
Nothing good can come out of the lifeless dullard and his clueless team. He wants to deal a final blow to the already collapsed economy 5 Likes |
Re: 2022 Budget: Reps Fear Economy Collapse, Says Debt Servicing Too High by GIANTPLUSHUB: 6:43am On Oct 14, 2021 |
Are they not part of the problems? Make them continue to dey fool us. 2 Likes |
Re: 2022 Budget: Reps Fear Economy Collapse, Says Debt Servicing Too High by harmargedon: 6:43am On Oct 14, 2021 |
RZArecta:Y for yam |
Re: 2022 Budget: Reps Fear Economy Collapse, Says Debt Servicing Too High by MondayOsunbor(m): 6:43am On Oct 14, 2021 |
BeeBeeOoh: 25% call me when debt servicing reach 100% |
Re: 2022 Budget: Reps Fear Economy Collapse, Says Debt Servicing Too High by BewareOf419: 6:44am On Oct 14, 2021 |
Nigeria still get Economy? Who dey deceive you guys 1 Like 1 Share |
Re: 2022 Budget: Reps Fear Economy Collapse, Says Debt Servicing Too High by OkpaNsukkaisBae(m): 6:44am On Oct 14, 2021 |
Nonsense... So na me approve the budget abi? |
Re: 2022 Budget: Reps Fear Economy Collapse, Says Debt Servicing Too High by CondemnBattery(f): 6:45am On Oct 14, 2021 |
I weep for Nigeria Federal Government borrowing with reckless abandoned States challenging Federal Government on who will borrow the highest. Can't we just cut our coat according to our cloth? This is crazy 1 Like 1 Share |
Re: 2022 Budget: Reps Fear Economy Collapse, Says Debt Servicing Too High by seunlayi(m): 6:45am On Oct 14, 2021 |
Lol, foo lish talk. After they just waking up? Maybe they just discovered that high cost of things will make their campaign budget to increase above the amount they already looted. |
Re: 2022 Budget: Reps Fear Economy Collapse, Says Debt Servicing Too High by heykims(m): 6:46am On Oct 14, 2021 |
Has it not collapsed already? |
Re: 2022 Budget: Reps Fear Economy Collapse, Says Debt Servicing Too High by Nobody: 6:46am On Oct 14, 2021 |
This is what one part of the country brought upon us because of their selfish interest. I hope 2023 doesn't favor them then they shall know how painful it is to scheme in vain. |
Re: 2022 Budget: Reps Fear Economy Collapse, Says Debt Servicing Too High by Lanretoye(m): 6:46am On Oct 14, 2021 |
Approve loan jare!!! |
Re: 2022 Budget: Reps Fear Economy Collapse, Says Debt Servicing Too High by seunlayi(m): 6:46am On Oct 14, 2021 |
Economy that collapse already. Yeye people 1 Like |
Re: 2022 Budget: Reps Fear Economy Collapse, Says Debt Servicing Too High by valuedammy(m): 6:46am On Oct 14, 2021 |
Am tired of talking about this Country. 1 Like |
Re: 2022 Budget: Reps Fear Economy Collapse, Says Debt Servicing Too High by Skillsnigeria: 6:46am On Oct 14, 2021 |
Hmmm |
Re: 2022 Budget: Reps Fear Economy Collapse, Says Debt Servicing Too High by chiedu7: 6:47am On Oct 14, 2021 |
Its no secret that Buhari is traveling around borrowing money The money is spent in Niger Republic The problem with this is that the money is lent to Nigeria and spent in Niger Republic This has led to our Naira being devalued Now guess who will pay back the loans taken & spent in Niger Republic Yes its us Nigerians that will suffer to keep Niger Republic happy We will be left with the debts while Niger Republic gets the money And we think the North is not smart? |
Re: 2022 Budget: Reps Fear Economy Collapse, Says Debt Servicing Too High by Bigchristo: 6:47am On Oct 14, 2021 |
BeeBeeOoh:No it’s not high they should keep approving loan for Bubu and his squad nonsense rep |
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