ogododo:


https://punchng.com/fg-seeks-1-5bn-loans-to-shore-up-naira-boost-budget/

Its Just the Beginning
1st quarter loan ...
We will learn thr hard way in this country
We all should be reminded that ex has alot of debt for you all now another debt us coming up

What has happened to the money recovered from subsidy removal Nigerians dey hungry... Oya make una still borrow money and share at least 1million to each one of us,with that we go understand say we borrow and we dey owe. Me taya ooo and the worst part of it our voice nor dey count 😢😢😢

ogododo:


https://punchng.com/fg-seeks-1-5bn-loans-to-shore-up-naira-boost-budget/

This nonsensical cosmetic approach will not work.

Tackle the fundamentals. They include

1. Systemic and endemic corruption. Imagine the billions used in settling retired military personnel, the judiciary, legislators. None of which added any productive value to the economy

2. Show example by buying made in Nigeria goods n services. From cars, to education, Medicare, etc.

3. Fix the refineries.

4. Fix Electricity.

5. Leverage on technology to create jobs in agriculture, FinTech n other sectors.

6. Provide low interest loans to SME. Let this money get to those who really need it.

7. Move the economy away from consumption based to that of production.

Etc.

Bobloco:


But we were told that money will be saved

Lol, that is how they term it, the savings they are talking about is that they wont borrow

DonationWorld:


Lol, that is how they term it, the savings they are talking about is that they wont borrow

But they are borrowing at the moment

The one we collect,where are they..Any loan collected for sharing among politician..we fail..it won't work..

Nigeria is going to borrow because we are reliant on oil.

The problem with oil dependency is simple. We need the oil price to be above 100dollars consistently, and even then, it won't be enough.

There is a cold reason why I don't like APC, PDP, and so on. Every election season, there is no plan to diversify the economy. Instead everyone talks about how we should share oil money, how we should fight corruption etc. These are ALL good things, and not wrong.

But , when the source of the income is always under threat from fluctuating oil prices? Result...loans.

Buhari took a lot of loans because oil prices were below 70 dollars for much of his regime. When oil prices rose to 100 dollars in 2021,,...most of that largesse went to paying off debts incurred from years of low oil prices. See, Buhari was a bad leader not because he took loans, but because he did nothing about increasing the amount of money made. Same problem with this tinubu government we have now.


I don't know, but until we see our government diversifying this economy, and improving our income, we are going to need more loans. I can't see this APC government doing so, and i cannot see the other parties doing so, and it is depressing.

don't worry, the children will take care of the scam loans

Nbote:
Again!!!!!!

Bobloco:


But they are borrowing at the moment

Correct, they are still borrowing, take the cue and understand the situation of the country

easyfem:
But why this gov always borrow and u expect you naija currency not to loose value . This is part of reason why our currency is failing . I no won too blame tinubu like that but as for BUARI , he no go die well

why u no wan blame Tinubu is Buhari still in power

LMAO, as if this would actually change anything.

Clueless mofos, just ass clueless and senseless as their empty headed supporters
APC is a total disaster

Between Buhari and Tinubu, who do you prefer?

Emefiele didn't need loans to maintained Naira at #400 to Dollar.

Today under Tinubu we are at #1,400 to Dollar after taking loans and looking to take more!

*SMH*

Tinubu is a disaster!

They can’t repositioning the economy without obtaining the loans