Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,166,072 members, 7,863,784 topics. Date: Tuesday, 18 June 2024 at 06:15 AM |
Nairaland Forum / Nairaland / General / Politics / Sanwo-Olu To Borrow N350 Billion To Fund 2023 Budget (16936 Views)
Buhari Participates In Katsina State Development Fund 2023 (Photos) / Buhari To Present N19.76trn 2023 Budget To NASS Friday / FG May Borrow N11Trillion For 2023 Budget As Deficit Rises Above 100% (2) (3) (4)
(1) (2) (3) (4) (5) (Reply) (Go Down)
Sanwo-Olu To Borrow N350 Billion To Fund 2023 Budget by oshozondii: 3:59pm On Oct 27, 2022 |
Lagos State Governor, Babajide Sanwo-Olu on Thursday revealed that the state will borrow N350 billion to fund the 2023 budget. https://pmnewsnigeria.com/2022/10/27/sanwo-olu-to-borrow-n350-billion-to-fund-2023-budget/?utm_source=&utm_medium=twitter 14 Likes 6 Shares
|
Re: Sanwo-Olu To Borrow N350 Billion To Fund 2023 Budget by Zonefree(m): 4:01pm On Oct 27, 2022 |
Another massive cash out for Tinubu. 270 Likes 20 Shares |
Re: Sanwo-Olu To Borrow N350 Billion To Fund 2023 Budget by endsarrrs(f): 4:03pm On Oct 27, 2022 |
I see. These monies will go a long way in funding APC general election affairs 263 Likes 13 Shares |
Re: Sanwo-Olu To Borrow N350 Billion To Fund 2023 Budget by Nobody: 4:04pm On Oct 27, 2022 |
Borrow and end up in sorrowing Contact me for your Academic Assignment, projects and research works Check down my signature on how to contact me 75 Likes 6 Shares |
Re: Sanwo-Olu To Borrow N350 Billion To Fund 2023 Budget by saheedbadmus(m): 4:04pm On Oct 27, 2022 |
Hmm shey looto...well election is around the corner nau 14 Likes 2 Shares |
Re: Sanwo-Olu To Borrow N350 Billion To Fund 2023 Budget by christejames(m): 4:07pm On Oct 27, 2022 |
Tinubu hands need to be taken off Lagos state coffers because he is holding that state so tight by the jugular... Cityboil he calls himself, but his acclaimed city is no match to the regenerative cities of Africa talk more of the one outside the continent Can Lagos as a city boast about having a good cityscape or lifestyle as comparative to Dar El Salam, Luanda, Casablanca, Gaborone or even Harare? I'm not even camparing it with Johannesburg, Cape Town or Cairo yet because Lagos no reach. 155 Likes 16 Shares |
Re: Sanwo-Olu To Borrow N350 Billion To Fund 2023 Budget by gift2xl: 4:15pm On Oct 27, 2022 |
shameless politicians. 53 Likes 2 Shares |
Re: Sanwo-Olu To Borrow N350 Billion To Fund 2023 Budget by Michelle70(m): 4:16pm On Oct 27, 2022 |
2023 ehn 1 Like |
Re: Sanwo-Olu To Borrow N350 Billion To Fund 2023 Budget by socialmediaman: 4:17pm On Oct 27, 2022 |
If it's for infrastructure development that generates revenue and betters the lives of the people, then It's good debt ...but we both know in whose bank accounts most of the money is ending up 81 Likes 6 Shares
|
Re: Sanwo-Olu To Borrow N350 Billion To Fund 2023 Budget by N3wman: 4:21pm On Oct 27, 2022 |
Is this the change APC promised? A debt riddled change? And it keeps rising, debt are supposed to be repaid but obviously not in this country 35 Likes 2 Shares |
Re: Sanwo-Olu To Borrow N350 Billion To Fund 2023 Budget by Nobody: 4:24pm On Oct 27, 2022 |
Campaign money.Lagos state should disband oluomo and iyaloja and deploy local government workers into bus garages and markets to be cutting tickets to commercial busses and traders to generate revenues.Mc oluomo and tinubu's daughter are illegal touts. 66 Likes 3 Shares |
Re: Sanwo-Olu To Borrow N350 Billion To Fund 2023 Budget by Fkmodhi: 4:34pm On Oct 27, 2022 |
Thiefnub.u build Lagos, Sanwo Olu wan borrow 350b to fund 2023 budget of agberos... 27 Likes |
Re: Sanwo-Olu To Borrow N350 Billion To Fund 2023 Budget by LegendHero(m): 4:35pm On Oct 27, 2022 |
Nice one Sanwo-Olu. 350billion is still within range in Lagos for a full budget year considering the size of the budget and the infrastructural spending the government is currently undertaking. Just give us the light rail by first quarter of next year and complete the rest of the lines. I can see the children of hate gnashing their teeth up there. Soludo borrowed 100billion within his first few months in office and yet we cannot mention one solid thing he has achieved in Anambla. But those inhabitant of the failed state will come online to abuse Lagos daily when their area cannot even be compared to a local government in Lagos. Anambra Agbero receipt. 172 Likes 13 Shares
|
Re: Sanwo-Olu To Borrow N350 Billion To Fund 2023 Budget by DamnnNiggarr: 4:38pm On Oct 27, 2022 |
But some guys on here said that borrowing is only for Anambra because PO left the State in ruins. Let the guy above me justify this and blame PO for Soludo's borrowings. 23 Likes |
Re: Sanwo-Olu To Borrow N350 Billion To Fund 2023 Budget by LegendHero(m): 4:42pm On Oct 27, 2022 |
DamnnNiggarr: Borrowing is not a bad thing so far you can account for what you borrowed for. Soludo is just overhyped and even some of Obi comrade on Twitter are starting to call him out. He borrowed 100billion and there’s little to show for it. Even if Sanwo-Olu borrow 500billion, at least daily we can see all his stride in Lagos with the biggest infrastructural project embarked in Lagos like the light rail. They all cost money and etc. Even for rich men, they will prefer to borrow from banks for a project rather than use their cash to finance it which explained why you see the likes of Dangote borrowing massively for his project even tho his net worth is more than what he’s borrowing. 148 Likes 1 Share
|
Re: Sanwo-Olu To Borrow N350 Billion To Fund 2023 Budget by Chatflick(m): 4:45pm On Oct 27, 2022 |
Okay. |
Re: Sanwo-Olu To Borrow N350 Billion To Fund 2023 Budget by Siberia01(m): 4:45pm On Oct 27, 2022 |
Re: Sanwo-Olu To Borrow N350 Billion To Fund 2023 Budget by Falseprofet2: 4:45pm On Oct 27, 2022 |
where is righteousness 2 to come and explain how this is not endtimes 3 Likes |
Re: Sanwo-Olu To Borrow N350 Billion To Fund 2023 Budget by ecolime(m): 4:45pm On Oct 27, 2022 |
Lagos has no business borrowing money if not for Tinubu's greed. The man is choking Lagosians & taxpayers to death. We need to be liberated from him Sadly, the liberation would be difficult because opposition parties in Lagos are inside his pocket, else how do you explain PDP presenting Jandor & Jennifer (clowns) as candidates? 20 Likes 3 Shares |
Re: Sanwo-Olu To Borrow N350 Billion To Fund 2023 Budget by LiveWithIt: 4:45pm On Oct 27, 2022 |
Zombies rushing to the thread to wail as usual... Wail in Anambra before chucking mouth in Lagos matter 135 Likes 2 Shares |
Re: Sanwo-Olu To Borrow N350 Billion To Fund 2023 Budget by Parachoko: 4:45pm On Oct 27, 2022 |
Billions of naira should be set aside for the rehabilitation of lots of inner roads in Lagos. 107 Likes 1 Share |
Re: Sanwo-Olu To Borrow N350 Billion To Fund 2023 Budget by babaRUNtinz(m): 4:46pm On Oct 27, 2022 |
Sanwo Eko,Sanwo Tollgate |
Re: Sanwo-Olu To Borrow N350 Billion To Fund 2023 Budget by Cholls(m): 4:46pm On Oct 27, 2022 |
My brother I just dey here dey laugh 1 Like |
Re: Sanwo-Olu To Borrow N350 Billion To Fund 2023 Budget by Nobody: 4:46pm On Oct 27, 2022 |
Well Most states rely on allocation from government Most of the money that government uses for allocation comes from oil money Oil money is very unstable. The problem is oil price. Today, 150 dollars per barrel, tomorrow, 30 dollars per barrel. Nigeria needs oil at 133 dollars per barrel on a consistent basis, otherwise we would end up with huge debts. That is why Sanwo-Olu, Soludo et al...BORROW. (Unless we tax everyone, including farmers, unemployed, herdsmen, armed robbers, etc heavily). 1 Like 1 Share |
Re: Sanwo-Olu To Borrow N350 Billion To Fund 2023 Budget by SenatePresdo(m): 4:46pm On Oct 27, 2022 |
All the money Tinubu Stole via Alpha-Beta should be enough to fund lagos budget. But urchins are too daft. Tinubu discovered lagos and invented lagos inside their Agbero tout brains 10 Likes |
Re: Sanwo-Olu To Borrow N350 Billion To Fund 2023 Budget by hisexcellency34: 4:46pm On Oct 27, 2022 |
Election money must complete by fire, by force 5 Likes |
Re: Sanwo-Olu To Borrow N350 Billion To Fund 2023 Budget by TypicallyBrunt(m): 4:46pm On Oct 27, 2022 |
Ha. I thought Baba Tinubu set them up for life financially, with the much touted 1000% increase in revenue? 7 Likes 1 Share |
Re: Sanwo-Olu To Borrow N350 Billion To Fund 2023 Budget by Risingblue008(m): 4:46pm On Oct 27, 2022 |
Gd |
Re: Sanwo-Olu To Borrow N350 Billion To Fund 2023 Budget by Johnrake69: 4:47pm On Oct 27, 2022 |
How will these loans be repaid? |
Re: Sanwo-Olu To Borrow N350 Billion To Fund 2023 Budget by adioolayi(m): 4:47pm On Oct 27, 2022 |
Make Una dey try read article and not just headlines |
Re: Sanwo-Olu To Borrow N350 Billion To Fund 2023 Budget by planetE(m): 4:47pm On Oct 27, 2022 |
R |
Militant Group Suspected Of Okuama Killing Begs For Waterways Security Contract / Fulani Herdsmen Attack Ozu Item, Bende, In Abia / Without Npdp, Buhari Will Win Again - Nasir El-rufai
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 31 |