Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,152,263 members, 7,815,430 topics. Date: Thursday, 02 May 2024 at 12:19 PM |
Nairaland Forum / Nairaland / General / Politics / $51bn Foreign Debt: FG Rues Dwindling Revenue, Reps Condemn Needless Loans, (5750 Views)
Foreign Debt To Top $51bn As Tinubu Seeks Fresh $7.8bn, €100m Loans / Ambode: Tinubu And Fashola Owe $1.43bn Foreign Debt Not Me / Lagos State Has Highest Foreign Debt In The Country- DMO (2) (3) (4)
$51bn Foreign Debt: FG Rues Dwindling Revenue, Reps Condemn Needless Loans, by Racoon(m): 8:00am On Nov 09, 2023 |
$51bn foreign debt: FG rues dwindling revenue, Reps condemn needless loans, contracts The Federal Government has described as worrisome the rise in public expenditure amid dwindling revenue accruals. The Accountant General of the Federation, Mrs Oluwatoyin Madein stated this on Wednesday at an interactive session on the 2024-2026 Medium Term Expenditure Framework and Fiscal Strategy Paper organised by the House of Representatives Committee on Finance.https://punchng.com/51bn-foreign-debt-fg-rues-dwindling-revenue-reps-condemn-needless-loans-contracts/ 1 Like 2 Shares
|
Re: $51bn Foreign Debt: FG Rues Dwindling Revenue, Reps Condemn Needless Loans, by M0H247: 8:02am On Nov 09, 2023 |
People and businesses grow on credit, Oyinbo.. get iphone on contract, TMobile, Verizon They get houses on mortgage paying off for as long as 25 years Car loan Student loan Black man goes to bank to hide his money, Oyinbo goes to bank to get money to invest in his life . 8 Likes 6 Shares |
Re: $51bn Foreign Debt: FG Rues Dwindling Revenue, Reps Condemn Needless Loans, by Racoon(m): 8:03am On Nov 09, 2023 |
Needless lamentations of criminals! What an irony! They are the ones borrowing to mortgage the country into debts, yet they are complaining of dwindling revenues which a greater portion is being used to service the debts they are accumulating for the country. 37 Likes 2 Shares |
Re: $51bn Foreign Debt: FG Rues Dwindling Revenue, Reps Condemn Needless Loans, by YouAreNobody: 8:03am On Nov 09, 2023 |
The same FG condemning the loans is the same FG taking the loans? Wonders shall never cease 28 Likes 1 Share |
Re: $51bn Foreign Debt: FG Rues Dwindling Revenue, Reps Condemn Needless Loans, by Racoon(m): 8:04am On Nov 09, 2023 |
Nigeria’s foreign debt is expected to rise further to about $51 billion, following President Bola Tinubu’s request to the Senate, seeking approval to borrow additional $7.8 billion and €100million, as part of his 2022-2024 borrowing plan.Behold the pitiable state of your country 13 Likes |
Re: $51bn Foreign Debt: FG Rues Dwindling Revenue, Reps Condemn Needless Loans, by faithfull18(f): 8:04am On Nov 09, 2023 |
Dwindling revenue and they are wasting money on unnecessary expenditure. 22 Likes 1 Share |
Re: $51bn Foreign Debt: FG Rues Dwindling Revenue, Reps Condemn Needless Loans, by bassdow: 8:04am On Nov 09, 2023 |
na Una dey Approve, na same Una dey Condem 7 Likes |
Re: $51bn Foreign Debt: FG Rues Dwindling Revenue, Reps Condemn Needless Loans, by bassdow: 8:04am On Nov 09, 2023 |
bassdow: |
Re: $51bn Foreign Debt: FG Rues Dwindling Revenue, Reps Condemn Needless Loans, by bassdow: 8:04am On Nov 09, 2023 |
[quote author=bassdow post=126870129][/quote] |
Re: $51bn Foreign Debt: FG Rues Dwindling Revenue, Reps Condemn Needless Loans, by PS712: 8:04am On Nov 09, 2023 |
Funny how you buy SUVs for yourselves at a time the economy is struggling then turn around to complain about "expenditure" of loans taken. 14 Likes |
Re: $51bn Foreign Debt: FG Rues Dwindling Revenue, Reps Condemn Needless Loans, by Alhajikd: 8:05am On Nov 09, 2023 |
Re: $51bn Foreign Debt: FG Rues Dwindling Revenue, Reps Condemn Needless Loans, by JASONjnr(m): 8:05am On Nov 09, 2023 |
Nonsense 1 Like |
Re: $51bn Foreign Debt: FG Rues Dwindling Revenue, Reps Condemn Needless Loans, by oluseyiforjesus(m): 8:05am On Nov 09, 2023 |
If I'm Tinubu I will seek the advice of iweala 2 Likes |
Re: $51bn Foreign Debt: FG Rues Dwindling Revenue, Reps Condemn Needless Loans, by StaticOxford87: 8:06am On Nov 09, 2023 |
faithfull18: That's the simple definition of Nigeria 2 Likes |
Re: $51bn Foreign Debt: FG Rues Dwindling Revenue, Reps Condemn Needless Loans, by wittywriter: 8:06am On Nov 09, 2023 |
Racoon: YouAreNobody: faithfull18: Wittyness 1 Like 1 Share |
Re: $51bn Foreign Debt: FG Rues Dwindling Revenue, Reps Condemn Needless Loans, by straighttalk(m): 8:06am On Nov 09, 2023 |
Double standard; Let dem continue 1 Like |
Re: $51bn Foreign Debt: FG Rues Dwindling Revenue, Reps Condemn Needless Loans, by OKUCHI11(m): 8:07am On Nov 09, 2023 |
May it favor me and my family |
Re: $51bn Foreign Debt: FG Rues Dwindling Revenue, Reps Condemn Needless Loans, by yesloaded: 8:07am On Nov 09, 2023 |
M0H247: Provided sey dem use the borrowed money for betterment of the country Kindly show us those productive projects wey dem spent these borrowed on but if you can't tell us these projects and how much profit Nigeria don make then the joke is ok you 1 Like |
Re: $51bn Foreign Debt: FG Rues Dwindling Revenue, Reps Condemn Needless Loans, by jayAjoku(m): 8:07am On Nov 09, 2023 |
Condemn fire Those greedy sets of Humans they cannot condemn anything that will favour them . Na the idiots wey think say their votes count I dey always pity 4 Likes |
Re: $51bn Foreign Debt: FG Rues Dwindling Revenue, Reps Condemn Needless Loans, by malali: 8:07am On Nov 09, 2023 |
The looting in democracy is worse than that in military rule. The countries that have practiced democracy successfully have zero tolerance for looting and misappropriation. However now, its just a jamboree in Nigeria. Emefiele was arrested after Buhari left........was everybody blind, not to realize he was very inept ?? Not until a law is passed for every governor/minister or anyone with a significant budget allocation. They should publish their total expenditure and allocation quarterly, send copies to senate, ICPC, EFCC, house of rep, and the general public and their constituencies that voted them. Not until we have transparencies like these, we will never move forward from financial misappropriation from public officers. 4 Likes |
Re: $51bn Foreign Debt: FG Rues Dwindling Revenue, Reps Condemn Needless Loans, by DaTruths: 8:08am On Nov 09, 2023 |
Since Nigeria is like a mad man that has refused to visit a psychiatrist for his own good. This country must be divided, since we don't want to hold our leaders accountable. 6 Likes |
Re: $51bn Foreign Debt: FG Rues Dwindling Revenue, Reps Condemn Needless Loans, by RomanGreen: 8:08am On Nov 09, 2023 |
Incompetent f0000ls, what fvck are you condemning ? Same loan was used to your SUVs...smh As for Agbado miscreants resident on nairaland who are beng paid 30k to defend this glaring incompetence, continue ok...una eye go clear soon you shameless lots. Shege banza 2.0 loading for Agbado miscreants😂😂😂 7 Likes |
Re: $51bn Foreign Debt: FG Rues Dwindling Revenue, Reps Condemn Needless Loans, by Greattha: 8:08am On Nov 09, 2023 |
Racoon: Hehehe. Na today una day break? You're buying extravagant luxurious cars and renovations without investing in revenue generating assets... Your brain drain is high but you don't care, instead you tagged it "japa syndrome" Yet unemployment and inflation is through the roof despite this drain but y'all keep making empty promises while y'all feed fat on the limited funds borrowed. Una eye go soon clear.... Kwantinu. 2 Likes |
Re: $51bn Foreign Debt: FG Rues Dwindling Revenue, Reps Condemn Needless Loans, by schoolboymatt(m): 8:08am On Nov 09, 2023 |
Tinubu will suck us deep into 300 billiion dollars before he leaves power. He is a big spender like me. 1 Like |
Re: $51bn Foreign Debt: FG Rues Dwindling Revenue, Reps Condemn Needless Loans, by Creatingvaluee: 8:08am On Nov 09, 2023 |
jayAjoku:Honestly |
Re: $51bn Foreign Debt: FG Rues Dwindling Revenue, Reps Condemn Needless Loans, by SouthSouth1914: 8:09am On Nov 09, 2023 |
Taking loans to buy expensive cars and servicing debts! Nigeria is in a shutdown. Just gradually we will get there. 2 Likes |
Police Arrest 58 Boko Haram Suspects In Maiduguri / Obi Announces Plan To Build Malls / Amosun Bars Speaker, Others From Talking To Journalists
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 44 |