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What's the business of NNPC and monetary policy? This country matter dey funny me! Where's the Ministry of Finance/ CBN governor?

More profits for all the Aboki's

Right move. This will provide liquidity for more non-oil transactions in dollars.

Pierocash:
Ok

So they will keep borrowing to stabilize the naira abi?

Chai, too many mugus running the country

Tinubu promised to continue from where buhari stopped

fergie001:


NNPC Limited

Tinubu is not as smart as being noised .....

There is nothing bad in borrowing but being a bad debtor is bad. I expect NNPCL to use the proceeds they get from this investment to merge with a private investor by buying a larger share of the establishment and get 1 of Nigeria's four faultrefineriesry working

Pierocash:
Ok

So they will keep borrowing to stabilize the naira abi?

Chai, too many mugus running the country

Lol na you be the Real Mugun Maga.

You think they don't know what they are doing lol

Someone is Recouping the money he spent during election in a Thousand Folds. You dey call am Mugun lol

Price of fuel and gas re too high for Nigerian fragile economy, Nigerian economy is in total shambles.

So they will borrow to stabilise the naira again? Which kind Leaders be this ?

Inside the $3,000,000,000 about $2,000,000,000 will be looted.

Rubbish.

Like taking a loan to pay a loan....it is only in d zoo that nnpc can take over d function of CBN.

Pierocash:
Ok

So they will keep borrowing to stabilize the naira abi?

Chai, too many mugus running the country

the thing weak me what happened to forces of demand and supply ?

Lols , borrow to stabilize naira ..

Fuel Subsidy with another name

They failed to stabilized the # to the $ as they last promised. Now they are also looting to also stabilise the same dollar. What a country!

Money that will still be shared amongst themselves

Loan that Akpabio will share to his fellow thieves in National Assembly.

Where is the loan for palliatives?


Foolish Government with hopeless supporters

How is NNPC going to repay the loan? In their desperate bid to curtail the consequences of their half-baked policies, they're now scrambling for loans, to the extent NNPC is taking loans on behalf of the FG and the CBN.. .

Not every news that puts money in our national purse should be celebrated. What are the terms of repayment attached to this swift loan disbursement? Same nonsense Buhari and Emefiele were doing, today we're realising that those buffoons were busy printing trillions of naira without appropriate consultation and consent.

Now NNPC is taking loans on behalf of the government without telling us the attached conditions.

As CBN or what.
Shege probably.

If I'm not wrong, it means they will pay the loan back with crude oil.

But my concern is sincerity of purpose. Once that's there, nothing wrong about it.

That's a very huge profit potential. Buy as many dollars you can till the $3billion is exhausted. The Naira will crash threefold afterwards then you can bring out your dollars for maximum profit.

Borrow borrow all the time.
Round tripping of dollar merchants are waiting in the wings😂😂😂

Shame of a nation.

The Fulani guy Mele Kolo Kyari must be smiling now

Money to share

How is this sustainable?

Hmmm

leisuretym:
African countries always falling into western debt traps 🪤

The bank is not owned by the west but by Africa.

Pierocash:
Ok

So they will keep borrowing to stabilize the naira abi?

Chai, too many mugus running the country

We told you guys but ona say na Emilokan na