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BREAKING: Senate Approves Fresh $1.5bn, €995m Loans For Buhari Govt - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / BREAKING: Senate Approves Fresh $1.5bn, €995m Loans For Buhari Govt (1094 Views)

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BREAKING: Senate Approves Fresh $1.5bn, €995m Loans For Buhari Govt by shalom62: 2:55pm On Apr 21, 2021
The Senate has on wednesday at its plenary approved fresh external loans of $1.5bn and €995m for the read more
Re: BREAKING: Senate Approves Fresh $1.5bn, €995m Loans For Buhari Govt by Baawaa(m): 2:55pm On Apr 21, 2021
Shared already
Re: BREAKING: Senate Approves Fresh $1.5bn, €995m Loans For Buhari Govt by Bedrooomsecret: 2:56pm On Apr 21, 2021
Let them just sell this country
Re: BREAKING: Senate Approves Fresh $1.5bn, €995m Loans For Buhari Govt by Nobody: 2:59pm On Apr 21, 2021
Nigeria has the most heartless leaders in the world

1 Like

Re: BREAKING: Senate Approves Fresh $1.5bn, €995m Loans For Buhari Govt by Aflix(m): 3:00pm On Apr 21, 2021
The funny thing is that I no longer get angry when reading news like this. It's all normal to me now and I'm sure it's like that for many others. This is what our "leaders" do to make us celebrate mediocrity continuously.

3 Likes

Re: BREAKING: Senate Approves Fresh $1.5bn, €995m Loans For Buhari Govt by spy24(m): 3:03pm On Apr 21, 2021
honestly I miss PDP

APC is the downfall of Nigeria embarassed embarassed

3 Likes 1 Share

Re: BREAKING: Senate Approves Fresh $1.5bn, €995m Loans For Buhari Govt by donbachi(m): 3:04pm On Apr 21, 2021
Small time dem go dey borrow from twitter,amazon and facebook.

1 Like

Re: BREAKING: Senate Approves Fresh $1.5bn, €995m Loans For Buhari Govt by Zmark: 3:21pm On Apr 21, 2021
Continue, you don't need prayers to borrow but the other time you asked us to pray for the government.
Re: BREAKING: Senate Approves Fresh $1.5bn, €995m Loans For Buhari Govt by ozark(m): 3:27pm On Apr 21, 2021
I dey pity my unborn children
Re: BREAKING: Senate Approves Fresh $1.5bn, €995m Loans For Buhari Govt by amc: 3:28pm On Apr 21, 2021
spy24:
honestly I miss PDP

APC is the downfall of Nigeria embarassed embarassed

Which one? The one who passed down $67bn of domestic and international debt with nothing to show for it?

1 Like

Re: BREAKING: Senate Approves Fresh $1.5bn, €995m Loans For Buhari Govt by psucc(m): 3:34pm On Apr 21, 2021
amc:


Which one? The one who passed down $67bn of domestic and international debt with nothing to show for it?
$67bn debt in 16years and Buhari got triple the amount to n 6years with insecurity everywhere you turn.

What a miracle government.

1 Like

Re: BREAKING: Senate Approves Fresh $1.5bn, €995m Loans For Buhari Govt by Nbotee(m): 3:43pm On Apr 21, 2021
Exactly why dey wanted a rubber stamped Senate dat won't question any demands and orders

1 Like

Re: BREAKING: Senate Approves Fresh $1.5bn, €995m Loans For Buhari Govt by amc: 3:44pm On Apr 21, 2021
psucc:
$67bn debt in 16years and Buhari got triple the amount to n 6years with insecurity everywhere you turn.

What a miracle government.

Total debt profile June 2015 - $63bn
Total debt profile December 2020 - $86bn

Percentage increase = 27%

FACTS not feelings

1 Like

Re: BREAKING: Senate Approves Fresh $1.5bn, €995m Loans For Buhari Govt by dvdwed(m): 3:46pm On Apr 21, 2021
Debt to pay debt.
Re: BREAKING: Senate Approves Fresh $1.5bn, €995m Loans For Buhari Govt by psucc(m): 3:50pm On Apr 21, 2021
amc:


Total debt profile June 2015 - $63bn
Total debt profile December 2020 - $86bn

Percentage increase = 27%

FACTS not feelings
Half data. What's the duration or period? 27% increase in 6years? Then should APC lead in the next 10years (to equal PDP) what percentage will they leave behind. #Facts not feelings

3 Likes

Re: BREAKING: Senate Approves Fresh $1.5bn, €995m Loans For Buhari Govt by Susu888(m): 4:06pm On Apr 21, 2021
psucc:
Half data. What's the duration or period? 27% increase in 6years? Then should APC lead in the next 10years (to equal PDP) what percentage will they leave behind. #Facts not feelings


My guy shut up, u no get argument!

All this sentimental debaters sef.... show em facts nd dem go stylishly move to another yarn. undecided


Can you compare the magnitude of the projects being carried out by bubu nd the ones carried out by gej??
Its only logical that bubu is spending more... But the real eye opener is the amount nd stability of revenue at their disposal nd the prudent management of that revenue for a better outcome.


You can't even begin to compare this administration with any before it.

This man got hold of the country when all of naija problems had climaxed (lack of manpower in security apparatuses, dwindling revenue, close to empty ECA nd foreign reserve accounts, insurgency, banditry to mention a few).

No be by sentiments abeg.... If your likes have been so vocal as to the management of this country with the past administrations like you're now we surely wouldn't be here!

Unfortunately people only found the guts to tlk now through social media, after some irreversible damages have been done nd to make it worse they don't even know from where the rot started, just blindly/sentimentally yarning buhari as if all these catastrophes just appeared in naija from 2015.

We r not all brainwashed /prisoners of the black box(media).

1 Like 1 Share

Re: BREAKING: Senate Approves Fresh $1.5bn, €995m Loans For Buhari Govt by amc: 4:09pm On Apr 21, 2021
psucc:
Half data. What's the duration or period? 27% increase in 6years? Then should APC lead in the next 10years (to equal PDP) what percentage will they leave behind. #Facts not feelings

You are the one posting half (false) data. Show us where the debt trippled.

psucc:
$67bn debt in 16years and Buhari got triple the amount to n 6years with insecurity everywhere you turn.

What a miracle government.
Re: BREAKING: Senate Approves Fresh $1.5bn, €995m Loans For Buhari Govt by amc: 4:11pm On Apr 21, 2021
psucc:
Half data. What's the duration or period? 27% increase in 6years? Then should APC lead in the next 10years (to equal PDP) what percentage will they leave behind. #Facts not feelings

You are the one posting half (false) data. Show us where the debt trippled.

psucc:
$67bn debt in 16years and Buhari got triple the amount to n 6years with insecurity everywhere you turn.

What a miracle government.
Re: BREAKING: Senate Approves Fresh $1.5bn, €995m Loans For Buhari Govt by owobokiri(m): 4:12pm On Apr 21, 2021
Obviously, these guys have no iota of ideas on how to run a thriving economy businesswise..
They're just borrowing and spending.., the worst is that they're spending mainly on salaries...
When you're in a hole, you stop digging! How can Buhari and his fulani brigade be employing people into an already over staffed Civil Service even as the budget is almost being solely used to finance recurrent expenditures? Is that not living above your means? Who treats a country he loves this way?
Re: BREAKING: Senate Approves Fresh $1.5bn, €995m Loans For Buhari Govt by amc: 4:14pm On Apr 21, 2021
owobokiri:
Obviously, these guys have no iota of ideas on how to run a thriving economy businesswise..
They're just borrowing and spending.., the worst is that they're spending mainly on salaries...
When you're in a hole, you stop digging! How can Buhari and his fulani brigade be employing people into an already over staffed Civil Service even as the budget is almost being solely used to finance recurrent expenditures? Is that not living above your means? Who treats a country he loves this way?

A thriving economy in the middle of a pandemic that is in its 2nd year? Do you guys act ignorant intentionally or its just a lack of knowledge?
Re: BREAKING: Senate Approves Fresh $1.5bn, €995m Loans For Buhari Govt by Susu888(m): 4:30pm On Apr 21, 2021
amc:


A thriving economy in the middle of a pandemic that is in its 2nd year? Do you guys act ignorant intentionally or its just a lack of knowledge?

Most of them don't even comprehend what they are saying!
They just rant nd complain for the likes.... Can u Imagine that even judicial, legislative nd local government autonomy is being attacked these morons.
They cannot tell what is to their benefit nd what is not....
Re: BREAKING: Senate Approves Fresh $1.5bn, €995m Loans For Buhari Govt by owobokiri(m): 4:36pm On Apr 21, 2021
amc:


A thriving economy in the middle of a pandemic that is in its 2nd year? Do you guys act ignorant intentionally or its just a lack of knowledge?
Common dude... What's that you're smoking?
You're just full of it..
Are you trying to say that the economy is in tatters because of the "pandemic"?
Was the economy not already in a recession before the pandemic?
Was payment of salaries not already an issue before the pandemic?
Was inflation not skyrocketing high before the pandemic?
Was recurrent expenditures not already a huge drag on the yearly budget before the pandemic?
It's not the covid pandemic that got us in this mess..
It's the pandemic of ignorance in high places that unraveled the country economically..

2 Likes

Re: BREAKING: Senate Approves Fresh $1.5bn, €995m Loans For Buhari Govt by Nobody: 4:36pm On Apr 21, 2021
The younger generation naim go suffer am. They will never forgive us, even when we are gone.
Re: BREAKING: Senate Approves Fresh $1.5bn, €995m Loans For Buhari Govt by tolajay: 4:41pm On Apr 21, 2021
Sweet Jesus!

The future of the country is been invested in non-viable debts.

Borrowing isn't a bad deal, but expending the funds unwisely, as we've seen over and again in Nigeria, is a terrible deal.

This is another reason FX rates, inflation and cost of goods and services would continually spike.

It's a circle.

1 Like

Re: BREAKING: Senate Approves Fresh $1.5bn, €995m Loans For Buhari Govt by Maxymilliano(m): 4:43pm On Apr 21, 2021
We can now see the reasons former Senate President, Bukola Saraki was declared persona non grata by the APC for not supporting the vision of the government in delivering the acclaimed democracy dividends in his first term.

Guess the vision is to put the country into everlasting debts.

Animals.

angry

1 Like

Re: BREAKING: Senate Approves Fresh $1.5bn, €995m Loans For Buhari Govt by johnmartus(m): 4:47pm On Apr 21, 2021
This is a good development no country in the world that not borrow. However the purpose of fund should be channel to right direction.

God bless Nigeria
Re: BREAKING: Senate Approves Fresh $1.5bn, €995m Loans For Buhari Govt by Emperor5(m): 5:03pm On Apr 21, 2021
Buhari know that he is old and won't live long anymore to witness the implications of this borrowing, that is why he continues to borrow from international community.
This are the reason we need young Man who can think about future as leader not someone who already on the grave that are only Fighting for political position for his health benefits.

1 Like

Re: BREAKING: Senate Approves Fresh $1.5bn, €995m Loans For Buhari Govt by Blackfire(m): 5:56pm On Apr 21, 2021
thunder locate all those who brought this chaos in ...in the year 2015/19
Re: BREAKING: Senate Approves Fresh $1.5bn, €995m Loans For Buhari Govt by Trimjos: 9:58pm On Apr 21, 2021
johnmartus:
This is a good development no country in the world that not borrow. However the purpose of fund should be channel to right direction.

God bless Nigeria

Your English can kill grin
Re: BREAKING: Senate Approves Fresh $1.5bn, €995m Loans For Buhari Govt by Okoroawusa: 10:00pm On Apr 21, 2021
I Love PMB

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