Thereby making life more difficult for the citizens.

omenka:
Horrible.

Shut da fvck up!

Buhari and borrowing are like Siamese twins.Having a deficit of N11trn further reveal how inept and confused this government has been with management of Nigerian economy-a gap of N11trn to cover up in fiscal spending is so huge and also shows great decline in Nigeria's sources of revenues and incomes.

DOTian:

Yeah..
He needs to wait to collect his report card

Hmm and u think they wont continue lying as usual.

Why borrowing to fund budget that doesn't impact in the life of the citizens, we have industry that are not working how much will it take to put them up and running. ABACHA LOOT CAN BE USE TO REVIVED THE SEA PORTS AND THE STEEL COMPANIES AND WITH THAT YOU HAVE CREATE MORE JOBS. IF METRIX CAN RUN A REFINERY WHY CAN'T HOW OWN REFINERY'S WORK. GOD BLESS NIGERIA AND NIGERIANS

mrmayoh:
We will keep borrowing as long as we subsidized fuel, education, electricity, health etc.

Imagine paying N6.72trn for fuel subsidy, that's stupidity.

Students pay N30,000 per session as fees in Federal Universities and you expect Nigerian University to be great. The cheapest university in South Africa is above 1 million naira.

Let's tell ourselves the truth.

So what's the way forward?

And I guess one of those ways will include all serving and former politicians pay/pension packet be drastically reduced too.

Naija don finish

divinehand2003:
Hmm

This current Federal Government is wicked. Most of this borrowed money will end up eaten by termites, swallowed by python, stolen by moneys, hijacked by bandits and licked up by greedy politicians.

End up in Niger republic by buying luxuriös jeep for hiding the killers of Deborah in Sokoto

All this money FG dey borrow,wetin Dem dey use am do because since they don dey borrow nothing as be showing

mrmayoh:
We will keep borrowing as long as we subsidized fuel, education, electricity, health etc.

Imagine paying N6.72trn for fuel subsidy, that's stupidity.

Students pay N30,000 per session as fees in Federal Universities and you expect Nigerian University to be great. The cheapest university in South Africa is above 1 million naira.

Let's tell ourselves the truth.

if we have more rich people then paying 5m for school fees won't be a problem.

PJ123:


Millions of Obi cannot save the situations!!! He's not even fit for the job!!!!

Who will? Please don't mention those I don't want to mention here.

Sowore to the rescue

Read through the comments, did you see APC/Jagaband urchins here? Never! They avoid threads like this because it exposes Emilokan's incompetence as a person. Did Tinubu not openly boast that he made Buhari President and therefore should be rewarded in 2023 for a job well done by Buhari on your economy, security etc. The truth is that sincerely, leave ethnicity and religion out of this matter, APC should not be allowed to win next Presidential election. If we voted out PDP and Jonathan that performed far far far better than this mediocre performance of APC, then voting APC for President even if they present an angel is an unpardonable crime against humanity.

It is been long the meat seller, call Buhari darling daddy. What happened? Is bubu not his daddy again?

mrmayoh:
We will keep borrowing as long as we subsidized fuel, education, electricity, health etc.

Imagine paying N6.72trn for fuel subsidy, that's stupidity.

Students pay N30,000 per session as fees in Federal Universities and you expect Nigerian University to be great. The cheapest university in South Africa is above 1 million naira.

Let's tell ourselves the truth.

What's South Africa minimum wage?

What's South Africa standard of living?

One Rand is about 35 NGN

What is the average income in South Africa? According to MoneyToday, an employed person in South Africa earns an average of R23,982 (approximately $1,480) per month. This figure was published by Statistics South Africa in its quarter-year economic survey known as the Quarterly Employment Survey. Read more: https://briefly.co.za/30142-what-average-salary-south-africa.html


23,982 = 839,370 NGN.


An average salary in South Africa is 839,370 NGN per month.


Your brain is an app, start using it.

You said the fact!. I have been somehow concerned about the person that will take over from the slowpoke.

DOTian:
I wish Buhari will be in power for another 4 years. He can't borrow the country into the latrine and then hand it over to somebody else.
Buhari should be in power for another 4 to 5 years to supervise the implosion and then explosion of the country as a result of his evil policies.
That will be a good farewell gift to those who continuously voted for him out of ethnic resentments for better alternatives.

Dammmmmmmmnnnn it!
The lifeless animal and cohorts are CHRONIC, INSATIABLE THIEVES!
The doomed contraption is on a cliff edge

mrmayoh:
We will keep borrowing as long as we subsidized fuel, education, electricity, health etc.

Imagine paying N6.72trn for fuel subsidy, that's stupidity.

Students pay N30,000 per session as fees in Federal Universities and you expect Nigerian University to be great. The cheapest university in South Africa is above 1 million naira.

Let's tell ourselves the truth.

getat!

I don't want to mix words together, but i must say that the Hausa/Fulani has finished this country and yet still fighting over power that they cannot manage.

They have left this country in a mess and have taken us 100yrs backwards.

mrmayoh:
We will keep borrowing as long as we subsidized fuel, education, electricity, health etc.

Imagine paying N6.72trn for fuel subsidy, that's stupidity.

Students pay N30,000 per session as fees in Federal Universities and you expect Nigerian University to be great. The cheapest university in South Africa is above 1 million naira.

Let's tell ourselves the truth.

I will not insult you but I will politely tell you that you are not making sense,if you believe that subsidy is our only problem,you can believe anything, without blocking the leakages in the system nothing can be save no matter how you save from subsidy.


Reducing the cost of governance is the only way forward.subsidy have been removed from diseal,how much have been saved from it ? Bihari meet fuel at #94per ltr , today fuel is 160# and yet subsidy have not been removed,oga make try they get sense while protecting our pocket.

mrmayoh:
We will keep borrowing as long as we subsidized fuel, education, electricity, health etc.

Imagine paying N6.72trn for fuel subsidy, that's stupidity.

Students pay N30,000 per session as fees in Federal Universities and you expect Nigerian University to be great. The cheapest university in South Africa is above 1 million naira.

Let's tell ourselves the truth.

Also tell us how much people in South Africa earn as minimum wage and tell us if their leaders are greedy like ours, also tell us if they have leaders that are selective, tell us their cost of governance, find out if they use billions to cut grasses

If we want to move forward as a country we must do away with subsidy.
Anything else than that we will be wasting our time and fighting a fruitless battle against the tide of global economic downturn.

Youngzedd:



What's South Africa minimum wage?

What's South Africa standard of living?

One Rand is about 35 NGN

What is the average income in South Africa? According to MoneyToday, an employed person in South Africa earns an average of R23,982 (approximately $1,480) per month. This figure was published by Statistics South Africa in its quarter-year economic survey known as the Quarterly Employment Survey. Read more: https://briefly.co.za/30142-what-average-salary-south-africa.html


23,982 = 839,370 NGN.


An average salary in South Africa is 839,370 NGN per month.


Your brain is an app, start using it.

Don't mind the guy. With that kind of minimum wage, one will pay school fees with ease.

But in Nigeria, minimum wage is 30k and he want average Nigeria to pay 1 million naira as school fees.

The next president is already a failure before resumption of office in May 29, 2023.

Kpele to the incoming president.

Final cashout

And a huge chunk of it have been paid to bandits.

Borrowing yet nothing reasonable to show, economy education, healthcare, employment,security etc is in a mess. by the time Buhari is done with zoogeria we'll all beg for disintegratnion

mrmayoh:
We will keep borrowing as long as we subsidized fuel, education, electricity, health etc.

Imagine paying N6.72trn for fuel subsidy, that's stupidity.

Students pay N30,000 per session as fees in Federal Universities and you expect Nigerian University to be great. The cheapest university in South Africa is above 1 million naira.

Let's tell ourselves the truth.

You have said it all

Oh! My God,obi coming to meet empty treasury with massive debts

Lord, end this government in Jesus name. I don't know how, but just end it. Deliver us from these wicked and unreasonable leaders in the mighty name of Jesus.

YeePeyHaa:


https://dailytrust.com/fg-may-borrow-n11tr-for-2023-budget-as-deficit-rises-above-100

This is the final brutality.