₦airaland Forum

Despite the criticisms trailing the nation’s increasing debt profile, the Federal Government on Monday says it is borrowing “sensibly and responsibly.”

The Minister of Finance, Budget and National Planning, Zainab Ahmed, said this at a press conference in Abuja.

She was joined at the brieifing by the Minister of Information and Culture, Lai Mohammed; as well as some other top government officials from her ministry.

Ahmed was answering a question on whether the government’s continued borrowing was not capable of impacting negatively on the economic growth recorded so far.

But the minister explained that the government only borrows to invest on infrastructure that will later yield proceeds for the country.

“We are borrowing sensibly and responsibly to invest on critical infrastructures.

“These investments will make returns in future,” the minister said

https://punchng.com/were-borrowing-sensibly-and-responsibly-fg-says/

We've seen how sensible and reasonable Buhari is in managing Nigeria.


Bunch of jokers

Awon Oponu

Indeed... Thats why we are here today as a nation... Set awon oponu alainitiju

Is the bridge to neighbouring Niger part of this responsible borrowing?

What is sensible in borrowing now? U talibans

Seun:
Is the bridge to neighbouring Niger part of this responsible borrowing?

Sofri-Sofri Dey Shake This Table

Zainab Ahmed is a dangerous woman, I pity her children if she get

I know say last last diz Govt will borrow from Afghanistan when dem don finish all option...

The only legacy Buhari will leave behind is a debt that our 10th generation will be living to pay

Is the overpass to bordering Niger element of this responsible borrowing?

It is another administration that will enjoy all these things Buhari has been doing..

Foolish Government, there is no such thing as "borrowing sensibly and responsibly," borrowing is borrowing and your borrowing is doing nothing but drag the nation down the mud of "debt servicing" headaches l and more.

Seun:
Is the bridge to neighbouring Niger part of this responsible borrowing?

The road from Enugu to Cameroon is part of it.

Seun:
Is the bridge to neighbouring Niger part of this responsible borrowing?

Yes also the one linking Nigeria to Cameroon

https://www.nairaland.com/6672634/nigeria-cameroon-bridge-now-ready#104167891

Bigotry is a disgraceful state to be in.

You are borrowing to fund a a mindless Jihad !!!!!

Sensibly ki, nonese no....

Obiano built Airport with zero borrowing...

Biafra is here