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Wale Edun: With Fuel Subsidy Removal, FG Has Ended Borrowing - Politics (4) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Wale Edun: With Fuel Subsidy Removal, FG Has Ended Borrowing (23886 Views)

Subsidy Removal: FG Records Over N1 Trillion Monthly Revenue Inflow – Wale-Edun / Subsidy Removal: FG Shocked Over High Food, Transportation Costs / Subsidy Removal: FG Saves ₦‎400 Billion In Four Weeks (2) (3) (4)

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Re: Wale Edun: With Fuel Subsidy Removal, FG Has Ended Borrowing by Kukutente23: 8:57pm On Aug 28, 2023
Parachoko:
Asiwaju has not borrowed a Kobo since he became the President.

It was Buhari that Applied for $800m from the World Bank not Asiwaju.

The Lawmakers didn't let Buhari have access to the Money because his tenure was about to End.

On Asiwaju Bola Ahmed Tinubu Mandate I Stand Gidigba
The $3bn NNPCL borrowed from Afrexim Bank nko
Abi that one na esusu

1 Like 1 Share

Re: Wale Edun: With Fuel Subsidy Removal, FG Has Ended Borrowing by gabbytabby: 8:59pm On Aug 28, 2023
Invest your time productively. Wailing is only a job for lazy people.



slivertongue:
comic relief. APC said the same thing under Buhari including Tinubu but turned out a disaster yet APC supporters hailed him only to turn around to call him a failure. They have started again with hardship, lies and fake promises. Ain't Tinubu seeking to borrow funds? dubious people kawai
Re: Wale Edun: With Fuel Subsidy Removal, FG Has Ended Borrowing by Shattuck(m): 8:59pm On Aug 28, 2023
Parachoko:
Asiwaju has not borrowed a Kobo since he became the President.

It was Buhari that Applied for $800m from the World Bank not Asiwaju.

The Lawmakers didn't let Buhari have access to the Money because his tenure was about to End.

On Asiwaju Bola Ahmed Tinubu Mandate I Stand Gidigba
buhari requested Senate approval to apply for fresh loan, the Senate rejected it, tinubu came in and he requested for the Senate approval to apply for a fresh loan the Senate approved it, tinubu then applied for the loan, you don't have to lie about everything.
Re: Wale Edun: With Fuel Subsidy Removal, FG Has Ended Borrowing by FireUpNow(m): 9:04pm On Aug 28, 2023
Dem don start to dey lie again oo
Re: Wale Edun: With Fuel Subsidy Removal, FG Has Ended Borrowing by Kukutente23: 9:11pm On Aug 28, 2023
Throwback:
The internal enemies of Nigeria, who only love Nigeria when they are at the corridor of power, would do everything to show that this news is false.

I have never seen a tribe so bitter and unhappy with good news.

This is pure hate induced insanity that requires prompt rehabilitation to avoid stories like one who had to be bundled out of an airplane.
So you would rather believe we swallow lies just to show we love Nigeria
Una be zombie sir
Re: Wale Edun: With Fuel Subsidy Removal, FG Has Ended Borrowing by Nobody: 9:15pm On Aug 28, 2023
Very good piece of news. We need more of this goodnews
Re: Wale Edun: With Fuel Subsidy Removal, FG Has Ended Borrowing by Kukutente23: 9:15pm On Aug 28, 2023
jconsulting:


Since you no go school, is called Prepayment, for the crude to be supply in future, no interest is on the $3 billion. Children of hate and perdition receive sense
So it's not a loan
Re: Wale Edun: With Fuel Subsidy Removal, FG Has Ended Borrowing by Kukutente23: 9:29pm On Aug 28, 2023
Frezhkid10:

That is not borrowing because we are not paying interest on that money..it’s just a forward sale contract whereby the bank has bought some amount of oil in the future..
We are only going to supply it oil in future..
Stop saying what you don't know. The NNPCL will pay back the loan. The crude is more like a collateral for the loan.
Re: Wale Edun: With Fuel Subsidy Removal, FG Has Ended Borrowing by DOM7: 9:30pm On Aug 28, 2023
Talk is cheap! Tomorrow when it want to happen the English will change.
Re: Wale Edun: With Fuel Subsidy Removal, FG Has Ended Borrowing by Kukutente23: 9:38pm On Aug 28, 2023
ivandragon:
Why do some persons get angry when APC is critized?

There are enough evidences to affirm that APC has never been truthful with Nigerians & imposed more hardship than any other government in Nigeria's history.

If somebody lies to me today, do you expect me to believe his brother tomorrow? Same brother who supported his initial lies?

They are paid Zombies
That's why they defend anything and deride anyone who exposes their lies
Re: Wale Edun: With Fuel Subsidy Removal, FG Has Ended Borrowing by TruthinAction: 9:44pm On Aug 28, 2023
ManirBK:
Good development Tinubu is working cool Good development Tinubu is working cool Good development Tinubu is working cool

Yes, he is working and these are the evidences;

1. Prices of food items are out of reach of many Nigerians.

2. Many more million Nigerians are now poor.

3. Most car owners now enter public transport.

4. More children are out of school.

5. Insecurity is still on the rise.

6. Many graduates do menial jobs to survive.

7. Some car owners have put their cars for sale.

Etc.

Oh yes, Tinubu is really working.

1 Like

Re: Wale Edun: With Fuel Subsidy Removal, FG Has Ended Borrowing by integrity16(m): 9:48pm On Aug 28, 2023
Parachoko:
Asiwaju has not borrowed a Kobo since he became the President.

It was Buhari that Applied for $800m from the World Bank not Asiwaju.

The Lawmakers didn't let Buhari have access to the Money because his tenure was about to End.

On Asiwaju Bola Ahmed Tinubu Mandate I Stand Gidigba

The 3Billion dollars NNPC borrowed nko? To defend the naira. What do you have to say about this?
Re: Wale Edun: With Fuel Subsidy Removal, FG Has Ended Borrowing by Parachoko: 9:49pm On Aug 28, 2023
integrity16:


The 3Billion dollars NNPC borrowed nko? To defend the naira. What do you have to say about this?
You already said who borroed the $2b. You just buttress my point that Asiwaju has not borrowed.
Re: Wale Edun: With Fuel Subsidy Removal, FG Has Ended Borrowing by Tunji50: 9:54pm On Aug 28, 2023
Burob:
For an unserious Lazy Bone Chief Wailer, always looking for an excuse to whine?.

There are over 200 million sambos like you in The Federal Republic of Nigeria, no one owes you anything.
Mr Man u licking d wound of corrupt politicians
Is data not what u use ur time nd energy for?
Re: Wale Edun: With Fuel Subsidy Removal, FG Has Ended Borrowing by NewDea4: 9:58pm On Aug 28, 2023
Re: Wale Edun: With Fuel Subsidy Removal, FG Has Ended Borrowing by iyke2frankeze: 9:59pm On Aug 28, 2023
But just last week, the NNPC borrowed 5 billion US dollars to defend the Naira and his useless followers were hailing him? He cannot borrow to carryout projects but can borrow to pay into his cronies accounts in the name of defending the Naira.
Re: Wale Edun: With Fuel Subsidy Removal, FG Has Ended Borrowing by Tunji50: 9:59pm On Aug 28, 2023
Parachoko:
You already said who borroed the $2b. You just buttress my point that Asiwaju has not borrowed.
It was borrowed 4 the sake of federal government
Need in reading the news more
Y u some people licking d wound of corrupt politicians?
What happened?
Re: Wale Edun: With Fuel Subsidy Removal, FG Has Ended Borrowing by worksmart(m): 10:00pm On Aug 28, 2023
Why is he starting by lying? undecided

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Re: Wale Edun: With Fuel Subsidy Removal, FG Has Ended Borrowing by sleemomymy: 10:01pm On Aug 28, 2023
Bestmanfornow:

NNPC recently borrowed $3billion loan from AFREXIM to cushion Subsidy for Tinubu's government, China and many countries has refused to borrow Nigeria government, Tinubu's administration is now using another strategies, government of the more you look the less you see
Oga is this information you are giving us verifiable? If it is, kindly paste the link otherwise don't talk about what you don't know anything about.
Re: Wale Edun: With Fuel Subsidy Removal, FG Has Ended Borrowing by Tunji50: 10:04pm On Aug 28, 2023
Throwback:
The internal enemies of Nigeria, who only love Nigeria when they are at the corridor of power, would do everything to show that this news is false.

I have never seen a tribe so bitter and unhappy with good news.

This is pure hate induced insanity that requires prompt rehabilitation to avoid stories like one who had to be bundled out of an airplane.
Dere is no evidence of good changes since u guys have been supporting APC government since 2015
U licking d wound of corrupt politicians that's y been saying rubbish
Re: Wale Edun: With Fuel Subsidy Removal, FG Has Ended Borrowing by Zeezenho: 10:06pm On Aug 28, 2023
Fellow Nigerians Pls never take an agbadorian serious especially the muslim ones among them .

we know how mischievous and cunning they are just give them till tomorrow and watch them deny ever saying that.
Re: Wale Edun: With Fuel Subsidy Removal, FG Has Ended Borrowing by Parachoko: 10:06pm On Aug 28, 2023
Tunji50:

It was borrowed 4 the sake of federal government
Need in reading the news more
Y u some people licking d wound of corrupt politicians?
What happened?
What do you mean it was borrowed for the sake of Federal Government? Where did you get this your information from?

NNPCL is a Private Organization
Re: Wale Edun: With Fuel Subsidy Removal, FG Has Ended Borrowing by jaxxy(m): 10:16pm On Aug 28, 2023
propaganda will not help this temporary and unconstitutional government. undecided
Re: Wale Edun: With Fuel Subsidy Removal, FG Has Ended Borrowing by Mccullum: 10:18pm On Aug 28, 2023
Good to hear this, I'm highly optimistic in renewed hope agenda of President Tinubu..


God bless FRN
Re: Wale Edun: With Fuel Subsidy Removal, FG Has Ended Borrowing by Frezhkid10(m): 10:22pm On Aug 28, 2023
lexy2014:


since Nigeria hasnt supplied the crude oil that has been bought in the future, since Nigeria has collected money for products not yet delivered, is it indebted to its customer?

who is the customer that ordered for crude oil that it doesnt need now but needs it in the future?
So far we don’t pay interest on it..I don’t consider that borrowing..
Re: Wale Edun: With Fuel Subsidy Removal, FG Has Ended Borrowing by slivertongue: 10:25pm On Aug 28, 2023
sslcrypt:


You are a hypocrite, even if obi won he will still borrow. You know why? He won't have the ballz to go after the northern oligarchs and elites who have plundered the nation. And also obi will still borrow wether you like it or not. The economy is in a dire state, that need external spark to kick start it. So stop behaving like illiterate by always pointing finger in order to demonize. At least they have put certain measures in plaecce to show transparency, though doubtful let's still give them a chance.

After supporting Buhari to wreck the economy now you want fix it by another round aimless borrowing. Don't drag obi into this matter cos it didn't mention his name. APC govt is a disaster and liability.

1 Like 1 Share

Re: Wale Edun: With Fuel Subsidy Removal, FG Has Ended Borrowing by IamAsiri: 10:30pm On Aug 28, 2023
Parachoko:
Asiwaju has not borrowed a Kobo since he became the President.

It was Buhari that Applied for $800m from the World Bank not Asiwaju.

The Lawmakers didn't let Buhari have access to the Money because his tenure was about to End.

On Asiwaju Bola Ahmed Tinubu Mandate I Stand Gidigba

Why then wasn't it left untouched if there was no need for it anymore?
Re: Wale Edun: With Fuel Subsidy Removal, FG Has Ended Borrowing by lexy2014: 10:30pm On Aug 28, 2023
Frezhkid10:

So far we don’t pay interest on it..I don’t consider that borrowing..

that isnt what I asked

since Nigeria hasnt supplied the crude oil that has been bought in the future and but has collected money for products not yet delivered, is it indebted to its customer?

who is the customer that ordered for crude oil that it doesnt need now but needs it in the future?

1 Like 1 Share

Re: Wale Edun: With Fuel Subsidy Removal, FG Has Ended Borrowing by Knetpro(m): 10:38pm On Aug 28, 2023
Hahahaha
Re: Wale Edun: With Fuel Subsidy Removal, FG Has Ended Borrowing by Yong4ever: 10:38pm On Aug 28, 2023
ManirBK:
https://www.vanguardngr.com/2023/08/fg-ends-borrowing-finance-minister/amp/
oponu, so FG ended borrowing at the expense of masses? You're insane sir!

1 Like

Re: Wale Edun: With Fuel Subsidy Removal, FG Has Ended Borrowing by Parachoko: 10:51pm On Aug 28, 2023
IamAsiri:


Why then wasn't it left untouched if there was no need for it anymore?
World Bank didn't borrow us to leave it in the Bank.
Re: Wale Edun: With Fuel Subsidy Removal, FG Has Ended Borrowing by worksmart(m): 11:03pm On Aug 28, 2023
This one is gonna make lying tool of his job.
Nigeria enter one chance for this Tinubu administration undecided

1 Like 1 Share

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