Stop sending peanuts to hoiseholds

Stop borrowing to send Money..

Use every available money to subsidize education and healthcare.. Sebi una Don stop fuel subsidy.. Use d money do more railways.

Even if u give each Nigerian 50k monthly, It will never move them from poor to middle class.


That's why I was against these old men running the country's affairs

Angelfrost:


Well... The Zombies are about to eat sand and gravel, cos this embarrassing bambiala is not sustainable.

Eventually, the creditors will get fed up and stop lending.

Oh no they won't.
You have to understand the game. A loan to assist the poor is usually granted by IDA regardless of the credit status of the country concerned. The IDA specifically targets poor and low-income households in its lending and Nigeria being the poverty capital with 133m multidimensional poor people fit their profile perfectly.
So those baggers know what they are doing

adenigga:



Source: https://punchng.com/Cash-transfer-FG-seeks-fresh-$400m-loan-to-fund-15-million-households

Nigeria in the hands of Papa Borrow, Tax and Steal

You people will soon pray for Buhari to come back

Kukutente23:

Oh no they won't.
You have to understand the game. A loan to assist the poor is usually granted by IDA regardless of the credit status of the country concerned. The IDA specifically targets poor and low-income households in its lending and Nigeria being the poverty capital with 133m multidimensional poor people fit their profile perfectly.
So those baggers know what they are doing

It's still not sustainable...!

Buhari began this nonsense.
God punish him wherever he is

Johnholt909:
At the end, they would pay the price for scamming this country.

Pay the price to who?

Name one past looter right from the 80's who has paid...will they pay from the mansions they relocated with their families to in foreign countries where they run after their 8 years?

Just asking...rhetorical

Don't hold your breath!

Nigeria may EL save you

Nawa o

adenigga:



Source: https://punchng.com/Cash-transfer-FG-seeks-fresh-$400m-loan-to-fund-15-million-households

Whatever we do today would definitely hunt us tomorrow for that's the way God has already decided it let them kwantinuu I pity what lay ahead of them in the aftermath. We shall all meet at the other side.

adenigga:



Source: https://punchng.com/Cash-transfer-FG-seeks-fresh-$400m-loan-to-fund-15-million-households

You mean a quarter of a bag of rice for 127 households? We warned you guys! But tribal sentiments blinded all supporters of iniquities. The tenure just started. Una go see shege. Shebi the fraudster, the fortunate Eleyi of Ogun state has stated distribution to households and the unfortunate eleyi in the picture below is already lamenting bitterly.

adenigga:



Source: https://punchng.com/Cash-transfer-FG-seeks-fresh-$400m-loan-to-fund-15-million-households

Everyone's eyes will finally opened to reality when everything is over.
Creating an artificial problem then borrowing money to solve it? They should have borrowed the money to fix refineries or stabilize the economy before rushing to remove subsidy. Now people are suffering from the reckless decision they took without thinking

casualobserver:


It’s financial,engineering. It’s simply a means of getting more forex into the system to,stabilize the Naira. They borrow in dollars, pay the cash recipients in Naira, and the dollar repayments are spread out over years. This means they get a bulk forex inflow in the short term to help the Naira.

Hahaha
What a truckload of trash
You borrow 3bn for forex and also borrow $1.2bn for same forex. Is the country only about forex?
How does it help Naira that a whopping 4bn is going into the economy without any productivity attached to it?

This is nonsense. Why is APC so wicked to Nigerians? Does it mean that they cannot think? Why are they borrowing money for useless ventures? May be they want to loot this money.

In few years Nigeria will be so indebted that no Politician would want to seek power. Everybody go dey his side because of zero cash. Even the mad civil servants cruising in the looting will have nothing to steal. It is very near!

GAZZUZZ:

Elections have consequences.

My chief dis one I see u here today, d business man himself. Na people like u suppose contest for economic minister not useless idiots in power, most especially dis useless vagabonds in Tinubu govt

parker148:

This guy is a scam. He has been defrauding people from nairaland and Facebook

A tread was made already by his victim. Stay safe people make dey no use you cashout



https://www.nairaland.com/7872431/idiotic-scammer-called-chimex9#126323853

The world bank, IMF & co are Evil 👿. Why even consider borrowing money to Nigerian government having seen the level of Corruption in this Apc government since 2015. They grant this loans & devalue our currency from the back door at the detriment of Nigerians who wouldn’t get any of the cash transfers or palliatives as they put it.
The west are only granting this loans for their selfish gains hence reason why they prefer Bad Government in the whole African sub region. Makes you wonder why old men are the ones in Government all over Africa. They are all Western puppets.Saddened

fourboys:
But where is the money saved from subsidy? To support this APC/Tinubu government U must first of all sell ur soul to the devil 😈

Subsidies were borrowed money. 10 billion dollars a year. There are no ‘’savings” from what doesn’t exist.

Hmm we don enter am.

They have started another alliance with the spirit of poverty again. Whatever happened to the proceeds from subsidy removal? This man go worse pass bubu like this

Newdawn30:



This guy is a scam. He has been defrauding people from nairaland and Facebook

Why not create a thread here and attach his details too, so that people will be aware

maxkia:
The world bank, IMF & co are Evil 👿. Why even consider borrowing money to Nigerian government having seen the level of Corruption in this Apc government since 2015. They grant this loans & devalue our currency from the back door at the detriment of Nigerians who wouldn’t get any of the cash transfers or palliatives as they put it.
The west are only granting this loans for their selfish gains hence reason why they prefer Bad Government in the whole African sub region. Makes you wonder why old men are the ones in Government all over Africa. They are all Western puppets.Saddened

Bcs they are their for business and not charity.

Greattha:


Pay the price to who?

Name one past looter right from the 80's who has paid...will they pay from the mansions they relocated with their families to in foreign countries where they run after their 8 years?

Just asking...rhetorical

Don't hold your breath!

Nature is balanced. You can't be evil and expect to live a normal life. Get closer to these guys and see for yourself what is happening to them but unfortunately media don't tell the ugly events of their lives.

A tread was already made by one of his victims where he boost of scamming people everyday. That he makes 3k everyday at least


https://www.nairaland.com/7872431/idiotic-scammer-called-chimex9#126323853

emmanuelbrown26:

Why not create a thread here and attach his details too, so that people will be aware

Nigeria is doomed

Johnholt909:
Nature is balanced. You can't be evil and expect to live a normal life. Get closer to these guys and see for yourself what is happening to them but unfortunately media don't tell the ugly events of their lives.

I get that...if Ekweremadu was told in 2020 that he wouldn't be part of 2023 elections, he wouldn't have agreed...but that is one in a million cases compared to the massive damage done daily to the nation...and that only happened because it wasn't Nigeria where he would've gotten away with it.

They'll truly pay when the sane youths...(not these yoots who'll sell their birthrights for a plate of poridge that we have on NL and all over defending this evil...cos they do the same when given opportunities like the few ones in power in recent times/today) decide to take their country back.

Go see how their kids live lavishly in foreign schools on the Nigerian taxpayers' dime while they say education is not for everybody in Nigeria...then these their kids have the effrontery to insult Nigerians when they complain about the misdeeds of their rogue/thieving parents.

Instead they're made to become royalty who aspiring governors and presidents go to meet for blessings/approval/prayers....cos they all the same

Newdawn30:
A tread was already made by one of his victims where he boost of scamming people everyday. That he makes 3k everyday at least


https://www.nairaland.com/7872431/idiotic-scammer-called-chimex9#126323853

OK, let me go through it

Instead of looking for ways and means (which lie in abundance) to get them working, get the citizens productive and start earning from the root up, start making the things they eat, wear, read, need, no.

Rather people giving themselves handouts and selling themselves into decadence when their schools are dilapidated, their roads are washed away and their farms are empty.

That is visionary leadership indeed.
Then the same visionary leaders will return to those foreign banks to finance their schools, roads and their food imports, of course the funds given to family and friends masquerading as Contractors and Consultants for a 'commission'. That is how Nigeria plc, Nigeria incorporated, is structured. Give the lions meat, the dogs bones and the cats crumbs. And everyone is satisfied.

Well the good thing for economists is that their job of forecasting the trajectory of the economy is made easier. High inflation with these mindless actions is sure to rage on and anyone speculating against the naira has easy pickings well into the foreseeable future.

Elect people with core competence, no.
Oya, ask 'your people' simple but important questions before electing them, no.
Okay, now in office, demand they find solutions to the challenges...., no..... we hope, we pray, we wait, we will, we will, we will..... and no one should bother us or our people in power.

Never imagined anyone can na worst, terrible and disastrous like buhari till Tinubu became president.what a country!!!

Borrowing for virtual consumption, this is what it is

Which households?