No Unnecessary Borrowing In This Government - Politics (2) - Nairaland
Nairaland Forum › Nairaland General › Politics › No Unnecessary Borrowing In This Government (1361 Views)
| Re: No Unnecessary Borrowing In This Government by mrvitalis(m): 1:03pm On Jun 30, 2023 |
helinues:Are you happy now?
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| Re: No Unnecessary Borrowing In This Government by helinues(op): 1:05pm On Jun 30, 2023 |
mrvitalis:Yes because I also have my own statistics which I am basing my argument on. Let me now ask you? Is it every month FG service debt?
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| Re: No Unnecessary Borrowing In This Government by lastmessenger: 1:09pm On Jun 30, 2023 |
helinues:Ronu coconut sufferhead pay per click agent. See your suffering life. Your teeth don brown finish |
| Re: No Unnecessary Borrowing In This Government by mrvitalis(m): 1:10pm On Jun 30, 2023 |
helinues:Did you read at all 96% of 2022 revenue.... Debt servicing is not something u default if u do the consequences are too great even if u are in war you have to pay Weather it is spread every month, week or day it doesn't matter what mattered is 96% of your revenue in 2022 is what went to debt servicing Now you are asking me if it's every month doesn't does that even matter? |
| Re: No Unnecessary Borrowing In This Government by Olaoluwa122: 1:15pm On Jun 30, 2023 |
helinues:baba just rest... The guy don finish you for here.... |
| Re: No Unnecessary Borrowing In This Government by helinues(op): 1:31pm On Jun 30, 2023 |
mrvitalis:Debt servicing first followed by payment of Fg workers and then disbursement to state. That's how government spend their earnings. If debt servicing is not every month but only when due, how did you arrive at government cant pay workers salary without obtaining loans? |
| Re: No Unnecessary Borrowing In This Government by helinues(op): 1:32pm On Jun 30, 2023 |
Olaoluwa122:Stop the years of trolling. Do something productive with your time |
| Re: No Unnecessary Borrowing In This Government by mrvitalis(m): 1:34pm On Jun 30, 2023 |
helinues:Firstly u got that wrong .... Debt servicing, federal workers payment are after allocation is shared Only thing that was removed before allocation was subsidy Federal government debt is federal government problem not state or local government Federal government workers are federal government issue not state or local government If something cost you 96% of your revenue u have 4% remaining the quest is can 4% of revenue pay federal government wage bill? ![]() |
| Re: No Unnecessary Borrowing In This Government by helinues(op): 1:48pm On Jun 30, 2023 |
mrvitalis:mrvitalis, you see @ emboldened , I was patiently waiting for you to fall for the bait which you just did Debt servicing is the first priority of any government, you wouldn't want to default. You want to share your revenue without servicing your debt?? That must be big self kidney Yes, at least I have tried to tutor you some things you have little knowledge about cos going further could be fatality. Hope you can now stop the unnecessary mentioning as Khaki can never be a leather laye laye Peace bro |
| Re: No Unnecessary Borrowing In This Government by mrvitalis(m): 1:51pm On Jun 30, 2023 |
helinues:Who owes the debt federal government? Abi Nigeria? ... I won't even get angry The debt is federal government debt States have their own debt that their money is used to service too reason Osun gets little revenue You can't deduct federal debt servicing from unshared revenue How do you even think? |
| Re: No Unnecessary Borrowing In This Government by Olaoluwa122: 2:12pm On Jun 30, 2023 |
helinues:Eiyah... |
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