Fg To Borrow $7.9bn From World Bank, Adb, Others - Politics - Nairaland
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| Fg To Borrow $7.9bn From World Bank, Adb, Others by funshint(m): 11:14pm On Feb 14, 2012 |
The Federal Government on Tuesday sought approval from the National Assembly for its intention to borrow $7.9 billion from the World Bank, African Development Bank, Islamic Development Bank, EXIM Bank of China and Indian lines of credit. The intention was conveyed in separate letters to the Senate and House of Representatives by President Goodluck Jonathan. The President indicated that the funds would be used to cover pipeline projects in the 2012-2014 External Borrowing Plan. Hope someone is not about to sell us into slavery?!!!!!!!!!   |
| Re: Fg To Borrow $7.9bn From World Bank, Adb, Others by Ibime(m): 11:55pm On Feb 14, 2012 |
Welcome to the world of Money-foolish GEJ. Something the wise ones warned about a long time ago. From having no debt to massive debtor in 18 months. |
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