FG Seeks Fresh $1.75 Billion World Bank Loan - Politics (2) - Nairaland
Nairaland Forum › Nairaland General › Politics › FG Seeks Fresh $1.75 Billion World Bank Loan (8607 Views)
| Re: FG Seeks Fresh $1.75 Billion World Bank Loan by Mexyz(m): 7:18am On Sep 05, 2025 |
What in God's name is wrong with our government? What's this borrowing up and down for and later we will hear that customs generate so so trillions, FIRS generated this trillions yet we keep on borrowing to fund 'critical projects' 5 Likes 1 Share |
| Re: FG Seeks Fresh $1.75 Billion World Bank Loan by galantjoe(m): 7:19am On Sep 05, 2025 |
I thought that BAT said that Nigeria economy is stable and it doesn't need any loan again. Why requesting for this loan again. Plus having removed all subsidies - fuel , electricity and forex the govt revenue increased in 4 folds. Why need loans thereby mortgaging our future to neocolonialism of the lenders 5 Likes 1 Share |
| Re: FG Seeks Fresh $1.75 Billion World Bank Loan by mmadu4: 7:19am On Sep 05, 2025 |
this stupid president is insane 7 Likes 2 Shares |
| Re: FG Seeks Fresh $1.75 Billion World Bank Loan by anonimi: 7:21am On Sep 05, 2025 |
Leviseed:Oshiomhole knew what he was talking about when he said that APC is the Assembly of Past Criminals. https://www.youtube.com/watch?v=qg_1mly5Gm8 Bahamas95:Please find below the details of what eb1lokan and APC are using the money for, apart from just stealing it to bribe politicians to mobilise voters. chisomkachy: 2 Likes |
| Re: FG Seeks Fresh $1.75 Billion World Bank Loan by Teymanhenry(f): 7:23am On Sep 05, 2025 |
What is the point of celebrating a supposedly record-breaking revenue generation—touted by the Federal Government as a major win for the masses—only to then seek another $2 billion in loans? Even more concerning is the administration’s growing reliance on taxing the already overburdened poor to drive revenue, while simultaneously increasing the salaries and allowances of public officials, which are already among the highest in the world. 1 Like |
| Re: FG Seeks Fresh $1.75 Billion World Bank Loan by Elusive001: 7:24am On Sep 05, 2025 |
Goodlady: 2 Likes
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| Re: FG Seeks Fresh $1.75 Billion World Bank Loan by cucumbar: 7:25am On Sep 05, 2025 |
Maxymilliano:See these Idiots wey dey shout everywhere say dem no Dey borrow again o. Now na every week dem Dey collect loan. What a failed country. 1 Like |
| Re: FG Seeks Fresh $1.75 Billion World Bank Loan by Samajogs: 7:28am On Sep 05, 2025 |
This is the essence of having clueless and incompetence people in power and at the end they'll blind us all with religion and tribal sentiment 1 Like |
| Re: FG Seeks Fresh $1.75 Billion World Bank Loan by Samajogs: 7:29am On Sep 05, 2025 |
Nigerians go cry better CRY before them finish their tenure. Keep supporting charlatans 1 Like |
| Re: FG Seeks Fresh $1.75 Billion World Bank Loan by Raregem9000(m): 7:30am On Sep 05, 2025 |
Why now? These people just want to keep on looting money. What about the target you said you met 3 days ago? 1 Like |
| Re: FG Seeks Fresh $1.75 Billion World Bank Loan by ibabz(m): 7:30am On Sep 05, 2025 |
I’m yet to see the 30k naira defenders of nonsense to come and defend this. It seems their laptop and tablet is still booting. Let’s give them more time to boot 1 Like |
| Re: FG Seeks Fresh $1.75 Billion World Bank Loan by Elusive001: 7:30am On Sep 05, 2025 |
They are not yet here to defend evil as usual. They may be getting briefing on their WhatsApp group on how to spin this 4 Likes |
| Re: FG Seeks Fresh $1.75 Billion World Bank Loan by Usmanovic95(m): 7:34am On Sep 05, 2025 |
Reno omokri please come and defend why Tinubu need to borrow a loan after meeting 2025 revenue target as early as August.But I hope you won't blame Peter obi or ADC this time😂😆 2 Likes 1 Share |
| Re: FG Seeks Fresh $1.75 Billion World Bank Loan by billyG(m): 7:37am On Sep 05, 2025 |
The money other serious & smart country work their assses to earn this apc vampires keep going to borrow it,why can we produce goods for exports & generate our own wealth?why are they turning us to beggar nation?what happens to all the money trillions generated from over taxed citizen:vat,stamp duties,bank changes,income tax,igr,road taxes,bank transfer tax,ussd,telecom charge,high electricity tarrif, vehicles documents ,fuel subsidy removal,increase passport fee,customs duties etc If something good don't happen apc will bankrupt Nigeria. 1 Like |
| Re: FG Seeks Fresh $1.75 Billion World Bank Loan by Sirianese: 7:39am On Sep 05, 2025 |
Goodlady:No be Diezani be this, Diamond Bra Woman |
| Re: FG Seeks Fresh $1.75 Billion World Bank Loan by nedekid: 7:40am On Sep 05, 2025 |
Someone that was governor of the richest state in the country yet piled up debt to the heavens, at the same time accumulated personal wealth 10 generations cannot exhaust even if they never work. How can you make that your friend that is a chronic onigbese, that takes money from all the loan apps, and spends it anyhow without thinking of repayment, who also had a dodgy past, you then make him not just your accountant, not just your director of finance, you make him MD and group chairman of your company, with complete access to all your accounts without question, Watin you think say go happen? Omo, he will use money for your generation unborn to buy "Benz". 4 Likes |
| Re: FG Seeks Fresh $1.75 Billion World Bank Loan by Antoeni(m): 7:41am On Sep 05, 2025 |
But Tinubu Said the revenue target has been met and exceeded. What's the loan again? I won’t be surprised if Nigeria is listed on eBay soon 1 Like |
| Re: FG Seeks Fresh $1.75 Billion World Bank Loan by ogolemati: 7:42am On Sep 05, 2025 |
 no agbero union members on this topic.yarimo and helinues,softmirror where went you guys 6 Likes 1 Share
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| Re: FG Seeks Fresh $1.75 Billion World Bank Loan by Sirleo05: 7:44am On Sep 05, 2025 |
The ones you have borrowed before, what have u done with it? all we hear is, this governor steal dis another steal dat, and nothing is done. Tackle corruption seriously, cover all loop holes and see if you will not have money for what ever reason. By d way, is dis not the same government dat said dey have made all d money for d year, dey have met their target, why d borrowing ? 1 Like |
| Re: FG Seeks Fresh $1.75 Billion World Bank Loan by Antoeni(m): 7:44am On Sep 05, 2025 |
You removed fuel subsidy, you raised tax, and every day, you are collecting loans, for what? Those proceed from subsidy and tax, what is it meant for, or the looting as usual?. 1 Like |
| Re: FG Seeks Fresh $1.75 Billion World Bank Loan by creativejagaban: 7:45am On Sep 05, 2025 |
SeeWahala:What concerns you? Is it your government? Face your online constituency  1 Like 1 Share |
| Re: FG Seeks Fresh $1.75 Billion World Bank Loan by Jughead29: 7:49am On Sep 05, 2025 |
This people are living their lives with zero hope for the upcoming.... Stop this rubbish now |
| Re: FG Seeks Fresh $1.75 Billion World Bank Loan by Elusive001: 7:49am On Sep 05, 2025 |
ibabz:They are cornfused. They are putting their heads together on what to say. 3 Likes |
| Re: FG Seeks Fresh $1.75 Billion World Bank Loan by Eriokanmi: 7:51am On Sep 05, 2025 |
How many times would this man borrow in 2 years? Later, they'd say tinubu isn't borrowing. O ga oo. Enough patience is needed ahead of 2027 because this is just the beginning. He's sent off a lot of multinationals who used to generate revenues for running the government's day to day activities with their poorly performing polices. Again, hundreds of thousands of SMEs that FIRS used to generate revenue from have shut down operations and sacked their workers due to low revenues, still cos of Tinubu's bad economic policies. I visited the FIRS and their tax controller was lamenting. They had printed loads of letters to be sent out to companies to please remit something, alas! Recently, fed govt contractors stormed Abuja for their 2024 contract arrears. Very shameful. Despite all these, some people will still be defending them out of sentiments. They think because he's from among us, he'll be spraying money on their heads and be reeling out infrastructural development in our region. There's no single FG project ongoing in the south west as we speak, apart from the lagos-calabar coastal road which is neither here nor there and the rehabilitation of lagos-shagamu expressway. When late buhari was in power, the so-called ex military man oo, the entire apapa road was completely reconstructed.The airport road, from MMIA down to isolo was completely reconstructed and widened. It was still Tinubu's hitech that got the contract. I really don't know what he'd campaign with in 2027 that will appeal to the masses. The palliatives he promised in 2023 for removing subsidy, we no see. How much have they saved from the subsidy and how much of it have they re-invested, nobody knows. 3 Likes |
| Re: FG Seeks Fresh $1.75 Billion World Bank Loan by MatrixCircle: 7:52am On Sep 05, 2025*. Modified: 6:16pm On Sep 05, 2025 |
How again? But the President said FG met its targets from revenue on non-oil sector? Why loan again. They should use the revenue or is it audio revenue.. It's like where Papa tell his family that he has made so much money from family business and when the family needs to take dinner, you turn around and tell them Papa want to go and borrow money for the family breakfast. What  2 Likes |
| Re: FG Seeks Fresh $1.75 Billion World Bank Loan by allthingsgood: 7:54am On Sep 05, 2025 |
galantjoe:You guys don't understand debt America is the greatest country in the world. America is 23trillion dollars indebted to China You guys think governance is like selling akara. Debt is a tool for growth, if used wisely |
| Re: FG Seeks Fresh $1.75 Billion World Bank Loan by ogaemma: 7:55am On Sep 05, 2025 |
A Government running the country on almost a 100% loan. So no more IGR? This country have been killed by APC. 2 Likes |
| Re: FG Seeks Fresh $1.75 Billion World Bank Loan by DLSReigns(m): 7:55am On Sep 05, 2025 |
The truth will always be visible to all. So all those so called "generated money" can't stop you from borrowing. GBAJUE GOVERNMENT! 1 Like |
| Re: FG Seeks Fresh $1.75 Billion World Bank Loan by iwaeda: 7:55am On Sep 05, 2025 |
There lies couldn’t even wait for few day, they have met their targets, but they want to take alone to enjoy luxuries while there eru fill the streets begging inform of owom8da, Owo omoonile. 1 Like |
| Re: FG Seeks Fresh $1.75 Billion World Bank Loan by AishaDant(f): 7:57am On Sep 05, 2025 |
Such a useless president. At his old age, does he think that when he dies he will leave this world with any money? Shame on this government! 👎 1 Like |
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