Criminals

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

The world Bank won't stop lending to Nigeria until it turns the country to Argentina or Greece. When Nigeria gets to that stage, the world Bank will close shop and leave us to deal with the consequences

Whom would have believed that buhari will be better than tinubu, sophisticated tribe of oluwole.

The heading should be; FG seek fresh $4000m loan to buy judgement at supreme court

Highest scam of the century

Peter Obi queried borrowing money for consumption and not for development.

They said he is very bad cos he is an ibo man. We are in another stanza of economic downturn.

Oduduwpigs enjoy Nigeria

malcom1X:
Legend of the seeker.

Seeking $400 million dollars to transfer to households.

The households no get work? Them no get backyard wey them go plant things wey them for go harvest?
Fvck is wrong with you?

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 😈

Tinubu na Agba yahoo. This is what happen when you entrust a federation to a well known thief that has been stealing from a state called Lagos for decades. What do you expect him to do when he have the opportunity to rule a whole country?

Note: Once a thief always a thief. If you expect a well known theif to change overnight you must be stupid. Of course he can never change even if he's a religious leader. Forget that Tinubu is a muslim and religious, he had always been a thief and he will never change not for you or me or the less privilege that are hungry and dying. Apc will forever rot in hell.

.

This madness needs to stop. You removed fuel subsidy to save money only to end up borrowing money again to cushion the effects of the same subsidy removal? Who are all these folks df.

Did they forbid us from having working refineries or what?

whytediamond:
You eat the very seedlings you're supposed to be planting in fertile soils and you think you have a future. Dey play

You beg and borrow 400mill USD and then share the cash to imaginary families.

Guys,

USD400M can build a textile making factory that can employ thousands of youths and also make Nigeria a major player in the textile industry in Africa.

USD400M can solve the mechanized agricultural needs of 15 States in Nigeria.

USD400M can fund the primary health care problems of hundreds of local governments in Nigeria.

I can list 50 different areas the people will benefit in the long term if this money is used by our "less than average leaders" we look up to for solutions.

Brace yourself my people, until we start doing the right things, we are doomed in the hands of these manipulators tussling for power.

You eat the very seedlings you're supposed to be planting in fertile soils and you think you have a future. Dey play.

Succinct.
We must stop borrowing for consumption. Nigerians no dey hear word - They say they want a better country, but do the complete opposite.

Gten:
Ain't it better to borrow and build a refinery? What is all this?

renewed hope

emmanuelbrown26:

Bcs they are their for business and not charity.

We know. No problem with that

But the only problem with this guys is the tendency to want to assassinate leaders that have the interest of the masses at heart. That's the only problem.

To think that the same things he was fighting against Abacha military junta while he was in NADECO during the 90s those are what he is currently subjecting the masses to

We have to be wary of persons agitating, protesting or rebelling, their intent is mostly dubious 70% of the time

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 😈

No more was saved for removing subsidy. This shows high level of ignorance of what subsidy is all about.

Subsidy is to reduce the actual price of a good for the citizens to buy it at certain price.

Government is to take the money from her supplus to that but as our consumption increases, government could not foot the bill, hence started to borrow to do it. The cost ran up to 4Trillion naira annually.

This present government said it is unsustainable and had to remove it to reflect the market price.

So, NO MONEY SAVED ONLY THAT WE DIDN'T INCUR MORE DEBT.


Be informed, please and stop spreading fake news.

As Nigerians don't want to use their head APC will use it for them, since APC took over it has been from one borrowing to another, with the same excuse to back it up.

How foolish can Nigeria be, complaining of high dollar rate and dwindling economy at the same time still borrowing money to embezzle.

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.

You don't even understand what you are saying. Zombie.

I guess this ain't a step in right direction.

kennyz247:
I hope tinubu will not buried Nigeria finish with loan...
A government that can not produce anything of it's own, except collecting loan everywhere

Why can't they borrow to build refinery or other manufacturing assets, why waste this money sharing to unknown people

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

Sighs!!!!! Useless post.

Is it the the west that conducted the last election?

Is the west that gave judgment on the election petition?

Is it the West, that asked a certain tribe to vote for their brother despite his incompetence?

South Korea ,Singapore, Malaysia all borrowed from World Bank, IMf to develop there countries.

Africa is were it is, becos the blackman has low IQ.

What happened to the money saved from subsidy?

What's the difference between Tinibu and Buhari Government?I tink we all owe Buhari an apology.

Same formula always.
Aside borrowing, what other language do we understand as a country?
It's a pitty that old people no longer have shame.
Personal interest held so high dt dey dont longer know d meaning of stupidity and national embarrassment in their uninterrupted quest to defame dis lovely blessed country.
They re always affected by d same virus no matter how theoretically sound they appear, d moment they become that no 1 citizen dey takes decisions like a brainless individual.

VeeVeeMyLuv:

We know. No problem with that

But the only problem with this guys is the tendency to want to assassinate leaders that have the interest of the masses at heart. That's the only problem.

To think that the same things he was fighting against Abacha military junta while he was in NADECO during the 90s those are what he is currently subjecting the masses to

We have to be wary of persons agitating, protesting or rebelling, their intent is mostly dubious 70% of the time

D very day I watched Abiola's son interview, that was when knew that Tinubu is full of evil.
D idiot when to Abacha for an appointment as Commissioner and Abacha rejected him, he now joined NADECO, that was why when almustapha was released he told Yorubas to go and ask their elders which of them that killed Abacha.

adenigga:



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

Someone please tell me how they came about these figures to borrow, who told them we need to borrow to support us? What they need to do is reduce the cost of governance

adenigga:



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

Tinubu is Buhari pro max, always thinking small.

That the kind of reason world bank need to give out loan as they will not use the money for anything important assuming they said they want to use the money to rebuild the refineries they won’t give such loan. And why can’t they use the $1.2 billion to fix one refinery instead of sharing the money to poor people.

Borrowing huge amount of dollars to share to Nigerian homes, meanwhile, the main aim is to loot the money.

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 😈

How will they pocket dollars?

For embezzlement to occur smoothly you need more of foreign currency.

They will pay us in naira then pocket the dollars. At least they have told you what's it is used for so you won't question them in future.

I never liked tinubu. However, I also didn't expect that his government will be as useless as Buhari's

Ah men, this is dangerous. But, what happened to the trillions allegedly saved from removing subsidy?

In this period.

If you are poor as a nigerian man most especially those married men and you have no hope or means of getting out of the extreme hell poverty your fellow men have plunged you all into lol.

Just patiently wait for your Death. Most especially those poor family mumus, who keep breeding like Pigs.

Una never see anything

He raised Lagos IGR!

The master planner funra e.

Kilo'n sele!

What exactly is Tinubu doing in government. Can someone tell me.

I don't want to believe somebody can be more clueless than our own Buhari!.