BeeBeeOoh:


https://dailypost.ng/2021/10/13/2022-budget-reps-fear-economy-collapse-say-debt-servicing-too-high/

You guys killed the economy...we die here..you think you can run..Nigerians are not stupid..after looting the treasury dry..everyday for the thief one day for the owner..reduce cost of governance, merge overlapping government agencies, stop looting the treasury una say una no wan hear.

6 good years down the toilet...

All you guys ever talk about is how to borrow and borrow with the economy consistently crashing, inflation flying at an all time high, investments disappearing...

Fellow Nigerians, especially those of you already campaigning for certain individuals towards 2023... Are you sure there will still be anything left to salvage economically come 2023?!!

What debt profile will the new president inherit from Buhari?!! How will he take off from there?!!

These are the questions I expect you all to be posing to those intent on becoming president... If Buhari had been thoroughly taken to task about these issues before making him president in 2015, his cluelessness might have shown up. Maybe we could have averted this disaster (I doubt this tho)!

I was warning you guys about the Chinese loans but you said I was alarmist, I was saying nonsense.

juniorstar:

You guys killed the economy...we die here..you think you can run..Nigerians are not stupid..after looting the treasury dry..everyday for the thief one day for the owner..reduce cost of governance, merge overlapping government agencies, stop looting the treasury una say una no wan hear.

They are not ready to make the economy grow... Actually cutting costs (first major step) would mean less looting for them.

They will never stand for that... Nigerian leaders don't want the nation to grow!!!

Even if every Kobo of Nigeria's debt is written off today, it will take these bastards less than 2 tenures to plunge her back into a worse debt! I kid you not!!!

The way forward is for the creditors to come down hard on this nation... If possible, refrain from granting further loans.

These bastards need to be compelled to sit up!!!

which of the Reps? ugm, BHT and militant, bandit and Fulani herdsmen needs to have joint cooperation and visit those idiots in their red and green chamber



democracy was a big scam in Nigeria, a way of keeping our development under check by white. Nigeria can never developed with this democrazy and 1999 constitution



if you can't scrap legislature, at least change Nigeria to unicameral legislature. these Bicameral was a means of enriching some individuals that's why an Islamic ond graduate from North will be buying hotel in Dubai, someone that suppose to be teaching in islamiyya school

Na now their day break.

Legis-looters, una good morning o.

When Nigerians dey shout say Buhari bambiala don dey become too much, the useless leader of the rubber stamp NASS talk say na everything Buhari bring dem go dey approve.

Hypocrites!
Were you not the one approving all borrowing?

Rubber stamp NASS

Angelfrost:


They are not ready to make the economy grow... Actually cutting costs (first major step) would mean less looting for them.

They will never stand for that... Nigerian leaders don't want the nation to grow!!!

Even if every Kobo of Nigeria's debt is written off today, it will take these bastards less than 2 tenures to plunge her back into a worse debt! I kid you not!!!

The way forward is for the creditors to come down hard on this nation... If possible, refrain from granting further loans.

These bastards need to be compelled to sit up!!!

Absolutely! These corrupt leaders need to be exposed and properly dealt with..nobody will pity them when their atrocities is exposed for all to see. By the time Nigerians who want the progress of this Nation start reasoning these guys they will wish the ground opens up to swallow them and that time is very Near..

Rubbish talk. What have they done about their bogus salaries that take a big chunk of this borrowings?

Nope! The debts are not much hence the serving is nothing to worry about.Make una continue to approve more senseless loans.Bunch of idiots.

The economy needs to collapse fast. This is the only way forward. Until the whole economy and govt is totally destroyed, good people will not be allowed. When the bad people have totally destroyed it, and they know there is nothing to gain again, they will leave the scene for good ones to correct everything. And they will be waiting for things to boom so they can come in again and destroy it. But then, good people needs to set s very high standard so that bad people cannot come in again.

So, I pray everything gets destroyed.

Very soon we will be borrowing to pay these special advisers on borrowing matters.

we get high debt and them still wan borrow no b juju be that?

Sometimes I really do think If this country really belong to us.

The same reps that approved the borrowing...after getting their cuts from the loans..

These HoR members are hypocrites. They are one of Nigeria's major problems. If they want the president to stop borrowing money to fund the budget, they should unanimously approach the agency that sets public officer holders' salaries and ask that their salaries and allowances be slashed.

That's the first step. This country is a joke because nobody really likes it; everyone is looking for ways of cashing out, including the so-called old president. This is not how serious countries built theirs.

Why crying now you guy were solidly behind the borrowings na....
Mumu people

These people in positions are not Nigerians by heart. They have no iota of love for this country. They don't give a hoot about the future of this country. All of them from A to Z.

If you want to know a rotten fish, just smell the head.

budget-reps-fear-economy-collapse-say-debt-servicing-too-high.


NO PRODUCTIVITY BARGAINING. IT'S ALL BORROWING FOR CONSUMPTION. IT'S RIFA-RUGA ISLAMISATION FULANISATION AND ANARCHY POLICY OF BMF-BOKOISWA.

Abeg, leave all these Agberos wearing Agbada to cover their Agenda

When you guys were approving the loans blindly because you we will get your own share of the money, you guys did not think of it?

Drama all the way..us the borrowing not for your pockets..you better rubber stamp on time so that looting can commence as soon as possible

Restructure this space. Only sensible people will understand.

On the external and internal borrowing to service budget deficits, he posited: “Another source of concern is that the proposal before us has a deficit of N6.2 trillion and the government is proposing new borrowings to finance this deficit.

Only in this country you borrow money to service debt

But the rubber stamp senate President says that the MDAS are not projecting the loan request by the federal government. This is somebody that is looking for a Governor in Tone state come 2023.

That is what you get when a nation is unfortunate to have perhaps the worst Executive ever superintended by certainly the worst Legislature ever. Mediocrity in leadership cannot be hidden. It shows, clear to the blind and audible to the deaf. The results of the 2015 misadventure will be clear to all.... to all. That indeed, elections have consequences.

And for those who rooted for this unfortunate 8th National Assembly, chasing out the Saraki regime, I hope you have all been adequately rewarded with recession and the whole scale depreciation and destruction of your assets and businesses.
At least the Saraki regime will have fought, delayed, denied a lot of these mindless, financially reckless borrowings that have corroded the economy.

The battles which will have been fought will have resulted in deep introspection and perhaps led to alternative ideas towards our financial survival.

Pity. We will understand how democracy works by the force of suffering. This is a certainty. Sentiment is on its last legs.

Yes ! Because your Jumbo Salaries too High

Debit Servicing is not too high yet. You people should continue fooling yourselves all because you are in APC.

What meaningful things have we achieved under this regime that worth all these reckless borrowing�