Are the senators under curse?

Most of the projects these loans are being expended on does not yield
enough profit to offset the loans. This means that a large part of the meagre
FX we earn will be expended on servicing loans for the nearest future.

Theama:
Either have faith that we'll pay off the debt in Jesus name or get double citizenship with another country.

E no bad if you get both, God will see us through in Jesus name.

There's no advanced country you want to run to that does not carry debt burden multiple times of whatever Buhari can borrow. You only relocate to work to help them service their debt. It's obvious it will never be repaid

I sure know we will still borrow another $20b next year 2022.

ivolt:

Please list the countries and list the verifiable projects they used slavery for?

You think you are safe for the effect of loans now but don't worry, no one will escape it.

You may shy away from the truth, but I tell that most of the developed countries, use slavery to do the hard labour in developing their countries.

But how you go give pesin loan and you know say him no fit payback the money in 3 live times.

Agba awo yahoo

Chineeekeeeee
We are in for a long thing in this country

the end of the road

Thank God they didn't disappoint millions of Nigerians who sincerely hope that they must surely approve it.......

Because it is constitutional to borrow

blood of nebuchadnezzer!!!

TheRareGem1:


That's the statement they planted on your head ....the opposition.

the reality is whether opposition of not opposition, you can as well see the state of the country now, you can think about it yourself, you don't need any lecture on the bad governance unless you have made covenant oath to be a slave

The system is broken and the country is finished, I wonder the kind jas they use in getting loans.

Hmmmmmm

Thank you again Saraki, for stalling up till 2019 otherwise, the debt for maaaaaad

John 19 : 30

Beggie Beggie President and Longthroat Senate

Then they will later start to embarrass the failed nation by begging for debt forgiveness @ world economic forum or attempting to teach the world how to manage a failed economy during COVID pandemic

A clueless government who foolishly thinks the solution to any economic challenge is chronic borrowing.

make una continue soon all of us go chope breakfast nd come for all you politicians

The Nigerian Government have killed us all in this country. The rate at which they borrow money is appalling. In no distance time they'll lend our country and future to World Bank and China

Mysticwebb:
Before nko? This was why they fought tooth and nail to install these puppets as senate leaders.

I wish that the former Senate president, Saraki, is a more upright person than he is. He would have won the last election and be a better Senate president. I remember most Nigerians, including myself were blaming him for standing in the way of Buhari during his first term. See now. Saraki would just dey take us laugh now. But his corrupt past was his problem. The current Senate president is just a figure-head rubber stamp president

Mofo oooo
This one na retirement benefit ABI wetin

you get am

Joysticks:
We the poor,are the ones paying for the politicians corruption.

Are they sure that money go reach for looting next year.. I think they should borrow more... I was expecting to see 2-4 trillion dollar

i wonder too oo

AsampeteNwaanyi:
is Nigeria still that credit worthy?

The Nigerian government will not kill us very soon they will lend our future and our country to the World Bank and China. The rate at which government is borrowing money is appalling.

Who go pay up this stuff this man is borrowing kia God

Real funny

fourboys:
ur name shows it all,

Buhari is busy collecting money for the sale of Nigeria but we don't know yet...until they are done with the full payment that's when we will realise that this is not a loan..

Eni Ku re...

Nairaland economists,may una give us the implications of all this borrow borrow

A loan for southern Nigerians to repay. Nice one.