₦airaland Forum

Shma2020:
@ji115, it was nice debating you. See you on Friday or tomorrow for continuation.

This m0ron has just cut short our debate.

jl115:
I don't think he does my bru I think its time he gets some asswhopping from the darkside

FEC approves budget proposal

The federal government has disclosed that the N6.258 trillion budget deficit in the proposed 2022 Appropriation Bill will be financed through local and external loans.

The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, who made this known on Wednesday in a chat with newsmen at the end of the weekly virtual Federal Executive Council (FEC) meeting, presided over by President Muhammadu Buhari at the State House, Abuja also disclosed that FEC approved the proposed 2022 Budget of N16.39 trillion.

On why the country needs to borrow despite outcry from different quarters, Mrs. Ahmed said the target to deliver many of the administration’s legacy projects would not be achievable without taking credit facilities, noting that the generated revenues are barely enough to meet recurrent expenditures.

The minister also noted that though concerns are being raised over the frequent borrowings by the administration, she allayed fears that the situation might be spinning out of control already, noting that Nigeria’s borrowings are still within healthy and sustainable limits.

She said: “If we just depend on the revenues that we get, even though our revenues have increased, the operational expenditure of government, including salaries and other overheads, is barely covered or swallowed up by the revenue.

“So, we need to borrow to be able to build these projects that will ensure that we’re able to develop on a sustainable basis.

“Nigeria’s borrowing has been of great concern and has elicited a lot of discussions, but if you look at the total size of the borrowing, it is still within healthy and sustainable limits. As at July 2021, the total borrowing is 23% of GDP.”

tsdarkside:
uhhhh....should i bash his foolishness out of him....??

Shma2020:
.

SUFFERInSMILIIN:
Borrowing money to pay your debt and salary

jl115:
Congrats but like I said nice pictures mean nothing...its the facts on the ground that matter

tsdarkside:
....

orders came,i should demolish you....ready....??

Mkenya2019:
I think the gap has now reduced - Kenya has close to 2 million sqm - south africa 23m - that is merely 10 times bigger. Kenya retail is formalizing very fast - with many malls all over kenya - under construction. In 10yrs - Kenya would have significantly closed the gap.

tsdarkside:
shattap....!!

you no dey shame....nobody wants to communicate with you....

Shma2020:
It was Roan77 not me. I will roast your bumbum and give it to dogs. Play far from me, okay?

I repeat... Avoid me. I will end your career in Nairaland 4-G.

SUFFERInSMILIIN:
Idiot what is your business with what I post

jl115:
Well I guess we both are since you are the one that forgot that you brought up the USA vs Nigeria thing

Roan77:
No, this particular quote is for your denial of white people, or your security personnel not killing any black protesters, again you are showing how dead your brain is, you are literally dementia at this stage, it keeps getting worse for you, do you need a break?

tsdarkside:
you kenyans cant catch up like this....you are actualy demandin that other african nations stand still for you to catch up....you are insane....

fact check....:
over 60% of kenya is semi desert land....you are not even around the equatorial belt....

your resources are meaningless....you cant compete in the global market like this with such cheap prices for raw materials....

jl115:
I don't think he does my bru I think its time he gets some asswhopping from the darkside

tsdarkside:
your fellow blacks are killin you,and all what you care about is whites....??

jl115:
13 vs 800

SUFFERInSMILIIN:
90% of Nigeria is poverty and starvation and you can even open your mouth and criticize Kenya which is 300 years in front of you in every aspect. The new Republic and Togo Republic has overtaken Nigeria by 20 years the cfa franc is now stronger than the naira. From head to toe you are a total failure and you live on failure. I think it is high time you start comparing yourself with niger Republic. A nation which is the rank number nine in the world in Hunger no development no prosperity

SUFFERInSMILIIN:
You are laughing two people which are slaves at least the slaves are 100 times better than yourself look at the amount of Nigeria's witch die every year just to get to Europe.

tsdarkside:
look....go and study the maps of africa and notice where which nation is on the continent....

why do you think malaysia managed to produce more palm oil than nigeria....or is it thailand....?? i dont remember....

know who you are and your situation on earth and stop talkin rubbish....

tsdarkside:
why are you bringin slaves matters in this banter....??

you think only blacks where enslaved in the entire history of the world....??

SUFFERInSMILIIN:
Malaysia produce more palm oil than Nigeria because they had brains they came to Nigeria in the 80s and studied the Nigerian palm oil and palm kernel plants they went back to their country and improved on the variety and yield and production of The Palm products that is why they are in front
But in reality why they were doing all this research Nigerians were doing wedding and party sending their children abroad for crime and prostitution. Please tell me who is the fool here

Shma2020:
It's possible. Winning a sport bid has more to do with supporting infrastructure - both green and social developments. Stadiums are also another factor but carries little water. Once the interior makes sense then other factors to be concidered will come outside the stadium.

Nairobi is beautiful. It is nature blessed with a national park & other recreation parks inside. It has cool temperature favorable for majority. we have the history topping up on the aforesaid event.

We stand high chances.

tsdarkside:
brains....?? soo you think a asian is more smarter than a african in average....you foolish....!!

SUFFERInSMILIIN:
Nice pictures

Nigeria ranked number one country in the world in cannabis and Indian hemp consumption

SUFFERInSMILIIN:
Internet or fooling yourself please look at your country and look at the IQ level of your citizens. It is only a stupid idiot which runs to another person's country and believes he is clever when somebody else has billed that country. One of the biggest failures of Africa is because of people like you you wake up in dreamland and stop deceiving yourself. Go to Malaysia Indonesia Vietnam and see what they are making their cell phones which day are making the cars which they are making the electric and nuclear powered ships which they are making go and see their 24-hour electricity and Healthcare. If you were so clever you would not be in poverty and hunger

Shma2020:
10yrs is a lie. Rvp gave you alot. Nairobi has overtaken jorburg if not 2yrs max to overtake it in vertical infrastructure.

We need 8yrs more or less to catch up with jorburg in horizontal infrastructure -this include all transport infrastructure and pavements.

Nairobi needs at max 8 yrs to beat jorburg.

Abohboy:
So? America and many other countries have begun legalizing it and it's been smoked for thousands of years across the world and he didn't even provide data I promise you that America smokes more cannabis then Nigeria does