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FG Borrows N2.45 Trillion From CBN Amid Fiscal Risks - Politics (3) - Nairaland

Nairaland ForumNairaland GeneralPoliticsFG Borrows N2.45 Trillion From CBN Amid Fiscal Risks (13341 Views)

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Re: FG Borrows N2.45 Trillion From CBN Amid Fiscal Risks by ufotunang: 7:26am On Aug 11, 2022
All of this problems..and issues of borrowing..if the refineries were working...all this issues of borrowing and funding a budget deficit would not had come up...
Re: FG Borrows N2.45 Trillion From CBN Amid Fiscal Risks by olusipimp(m): 7:28am On Aug 11, 2022
Lovenorth:
We are solidly behind the federal government no matter the amount they will borrow to better the lives of the Nigerian people
Only u...not we
Re: FG Borrows N2.45 Trillion From CBN Amid Fiscal Risks by danngnews: 7:31am On Aug 11, 2022
Lovenorth:
We are solidly behind the federal government no matter the amount they will borrow to better the lives of the Nigerian people
Are you really ok?
Re: FG Borrows N2.45 Trillion From CBN Amid Fiscal Risks by duketerry22(m): 7:37am On Aug 11, 2022
CBN talking about adverse effects it's gonna have but is there still not an approval being given for it? Rubber stamp people the lot of you, can't say no ever but then you'll come to start spewing a load of bull and the citizens are the ones who will feel the weight of the tax cut that follows
Re: FG Borrows N2.45 Trillion From CBN Amid Fiscal Risks by Brushstrokes20: 7:37am On Aug 11, 2022
Dammmmmmmmnnnn it!
Buhari and cohorts are CHRONIC THIEVES! undecided
The lifeless scammer is Nigeria's WORST BLUNDER!
Re: FG Borrows N2.45 Trillion From CBN Amid Fiscal Risks by winterfell007(m): 7:37am On Aug 11, 2022
Realtalk20:
Oh my goodness.. what a time to be alive to witness this level of stupidity in government .

To the lay man let me summarize.
The Federal government is getting the CBN to print more and more Naira notes to loot on oil or revenue they haven't yet sold or earned...

So basically it's like taking a salary advance on 1 years salary from your bank on a job you haven't yet gotten...

So basically the government and CBN to shore up thisinssne moves will keep devaluing the Naira against the Dollar until it gets to N1500 to $1. angry

We are heading for a super inflation...

Well done APC undecided
Honestly! I weep for folks that are supporting APC because of tribal affiliations, it's really a pitiable situation we are in.
Re: FG Borrows N2.45 Trillion From CBN Amid Fiscal Risks by americaninja1: 7:38am On Aug 11, 2022
Can’t all this trillion spent on subsidy used to revamp our refinery , so we could produce our fuel locally.
Re: FG Borrows N2.45 Trillion From CBN Amid Fiscal Risks by Codes151(m): 7:43am On Aug 11, 2022
Aboki na illiterate.
Re: FG Borrows N2.45 Trillion From CBN Amid Fiscal Risks by Originalsly: 7:44am On Aug 11, 2022
The next government ... even if elected twice...... no matter how serious ... would see hell in trying to get the economy out of the gutter. At this point ... Nigeria does not need an elected government with good intentions ... it needs a military coup.... the head of which needs to round up all the looters and destroyers of the economy.... confiscate all their assets wherever they may be ... have summary trials and have them and their enablers all executed... then allowing general elections for the people to elect a new civilian government. A radical change and purging is urgently needed or the entire country will turn into a huge camp where only the fittest of the fittest will survive.
Re: FG Borrows N2.45 Trillion From CBN Amid Fiscal Risks by yusluvad(m): 7:44am On Aug 11, 2022
odinaccess:
What's left is to sell cbn
You mean for China huh cheesy grin cheesy grin
Re: FG Borrows N2.45 Trillion From CBN Amid Fiscal Risks by kingmsookwagh(m): 7:47am On Aug 11, 2022
They want to finally finish the CORNTREE kpatakpata.

Re: FG Borrows N2.45 Trillion From CBN Amid Fiscal Risks by Kaa4(m): 7:48am On Aug 11, 2022
Ineptitude of the highest order, yet they still want to continue.
Re: FG Borrows N2.45 Trillion From CBN Amid Fiscal Risks by Nobody: 7:49am On Aug 11, 2022
Kurutinto:
Tinubu and Buhari has really finished this country. It will never be well with them and their supporters and their families too
Moh247 PandoraObi FreeStuffsNG

Una no go see wetin your people dey do now.
Re: FG Borrows N2.45 Trillion From CBN Amid Fiscal Risks by PS712: 7:55am On Aug 11, 2022
Ahmed0336:
E go be like film for next president of this corn tree when e go take am like three years him fit no know Wetin him go do concerning repayment of these borrowings
APC has lots of people who could afford to dole out N100 million naira for forms even when they knew they weren't ready for any primaries, and they have far more across the country, hence these people if they mean well should lend to the country.
Re: FG Borrows N2.45 Trillion From CBN Amid Fiscal Risks by Fesline(m): 8:01am On Aug 11, 2022
Kurutinto:
Tinubu and Buhari has really finished this country. It will never be well with them and their supporters and their families too
You're a definition of foolishness to have cursed a family. Think before you act and say anything.

What's the borrowing of Buhari dealing with Tinubu and his supporters.

Imagine one of your families going to vote Tinubu now... That means you're under your own curse. Baba no dey too take political thing for head.
Re: FG Borrows N2.45 Trillion From CBN Amid Fiscal Risks by Kurutinto(m): 8:09am On Aug 11, 2022
Fesline:
You're a definition of foolishness to have cursed a family. Think before you act and say anything.

What's the borrowing of Buhari dealing with Tinubu and his supporters.

Imagine one of your families going to vote Tinubu now... That means you're under your own curse. Baba no dey too take political thing for head.
You are an urchin and a fool. Now if you don't know, Tinubu boasted to have brought Buhari into power and foisted him on Nigerians due to his hunger to receive power once buhari is done. So how then won't you blame the fool for buhari's incompetence?? Buhari was chilling under dogon-yaro tree in Katsina with his fura when Tinubu went to pick him and packaged him to Nigerians as a change reformer
Re: FG Borrows N2.45 Trillion From CBN Amid Fiscal Risks by Frayoworld(m): 8:10am On Aug 11, 2022
Frayoworld:
In one of the northern states, kogi state to be precised, a group of men were arguing Abt Nigerian politics in recent years n one of them said that Nigerians suppose to be pouring acid on anyone dat campaigns for APC N PDP.
Mehnnn I was shocked...
Re: FG Borrows N2.45 Trillion From CBN Amid Fiscal Risks by danngnews: 8:15am On Aug 11, 2022
lexy2014:
theraregem1 okefranci nonpartisan1 splitmind vedaxcool NGpatriot lovenorth officialgarri seunmsg helineus freestuffsng janetudeh aufbauh lordviccodaguru shooyie benuejosh blackpanda leodeking seunmsg staphylococcus imperialyoruba wowcatty jollylolly shooyie spherica177....

It seems buhari/osinbajo and APC have done an amazing job with the economy. May I ask, has buhari been able to save one Kobo since becoming president?

Is this what Tinubu and shettima say they want to continue?
Dont forget FreeStuffsNG ooh.
Re: FG Borrows N2.45 Trillion From CBN Amid Fiscal Risks by Nobody: 8:17am On Aug 11, 2022
Kurutinto:
Tinubu and Buhari has really finished this country. It will never be well with them and their supporters and their families too
That prayer is in vain, their families are abroad enjoying the loot.

The people managing the nation's finances have a track record of destroying companies in NIgeria.
Re: FG Borrows N2.45 Trillion From CBN Amid Fiscal Risks by Blackdisciple(m): 8:17am On Aug 11, 2022
Ahmed0336:
E go be like film for next president of this corn tree when e go take am like three years him fit no know Wetin him go do concerning repayment of these borrowings
Honestly ooo, the next president will suffer walai especially if he will have the interest of the people at heart..
Re: FG Borrows N2.45 Trillion From CBN Amid Fiscal Risks by Nobody: 8:17am On Aug 11, 2022
yusluvad:
You mean for China huh cheesy grin cheesy grin
CBN does not belong to the govt.
Re: FG Borrows N2.45 Trillion From CBN Amid Fiscal Risks by Nobody: 8:18am On Aug 11, 2022
Originalsly:
The next government ... even if elected twice...... no matter how serious ... would see hell in trying to get the economy out of the gutter. At this point ... Nigeria does not need an elected government with good intentions ... it needs a military coup.... the head of which needs to round up all the looters and destroyers of the economy.... confiscate all their assets wherever they may be ... have summary trials and have them and their enablers all executed... then allowing general elections for the people to elect a new civilian government. A radical change and purging is urgently needed or the entire country will turn into a huge camp where only the fittest of the fittest will survive.
The new govt will do worse, take it from me.
Re: FG Borrows N2.45 Trillion From CBN Amid Fiscal Risks by Kurutinto(m): 8:19am On Aug 11, 2022
quentin06:
That prayer is in vain, their families are abroad enjoying the loot.

The people managing the nation's finances have a track record of destroying companies in NIgeria.
Maybe the supporters and their families won't be soo fortunate
Re: FG Borrows N2.45 Trillion From CBN Amid Fiscal Risks by Fesline(m): 8:22am On Aug 11, 2022
Kurutinto:
You are an urchin and a fool. Now if you don't know, Tinubu boasted to have brought Buhari into power and foisted him on Nigerians due to his hunger to receive power once buhari is done. So how then won't you blame the fool for buhari's incompetence?? Buhari was chilling under dogon-yaro tree in Katsina with his fura when Tinubu went to pick him and packaged him to Nigerians as a change reformer
I'm not saying I support what they(APC) have done but i'm saying you shouldn't generalize a curse. Politicians will always be what they're... The best is not to curse but to pray that God should help us to choose the right person this time. I'm not a supporter of any party yet.
Re: FG Borrows N2.45 Trillion From CBN Amid Fiscal Risks by Kurutinto(m): 8:28am On Aug 11, 2022
Fesline:
I'm not saying I support what they(APC) have done but i'm saying you shouldn't generalize a curse. Politicians will always be what they're... The best is not to curse but to pray that God should help us to choose the right person this time. I'm not a supporter of any party yet.
ok, sorry for how i responded
Re: FG Borrows N2.45 Trillion From CBN Amid Fiscal Risks by Lovenorth: 8:31am On Aug 11, 2022
ImperialYoruba:
The governor of CBN does not have balls. He has been governor before Buhari came to power. They retained him because they saw who he was, he would never say NO.

Definitely Tinubu will not keep Emefiele.
Then blame the Goodluck government for his failure not Buhari
Re: FG Borrows N2.45 Trillion From CBN Amid Fiscal Risks by simplesearch: 8:44am On Aug 11, 2022
No big deal. When a new government takes over, just gather all the people in this government and collect all the money in their account leaving only the amount that could accrue to the total sum of their pay from the time of their appointment till their exit.
Re: FG Borrows N2.45 Trillion From CBN Amid Fiscal Risks by ultim: 8:55am On Aug 11, 2022
adenigga:
Source: https://punchng.com/FG-borrows-N2.45tn-from-CBN-amid+fiscal-risks
Which kain grammar be borrow money from CBN? Tell us CBN minted money for the government.
Re: FG Borrows N2.45 Trillion From CBN Amid Fiscal Risks by membranus: 8:59am On Aug 11, 2022
This is another name for extraordinaire currency printing for government, which will further exacerbate the terrible price inflation being experienced by consumers in the country.

This country has gone bankrupt, and let us prepare ourselves for more economic hardship ahead.
Re: FG Borrows N2.45 Trillion From CBN Amid Fiscal Risks by aloaye11: 9:04am On Aug 11, 2022
All this borrowings, what have this govt done with them because nothing seems to be improving instead this are stagnant if not worse
1 2 3 4 Reply

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