₦airaland Forum

This is madness
400m usd invested in companies will employ 1000s of graduates
Whats wrong with Nigerian leaders
Obi can never borrow 400m for giveaway

1. We don't need loans as they are not subsidizing fuel. 2 the names of the household has 2 be published. 3. They want 2 steal the money, its not for household

The last one how many people got any palliative. Wasting money up and down. We are in for a very serious trouble.

Oh God,. What is happening

He did it in lagos.
He's now doing it in Nigeria.
By the time he finish doing what he did to Lagos to Nigeria, Nigerians will be begging for visa to gaza

Bad debt. Sebi you say make dem endure

One of the factor weakening our naira is this incessant borrowing.

Will they be able to transfer the 25k palliative to 15 million house hold before the end of October 2023 as promised by the federal government?

Subsidy, gone

This is nonsensical, how can you give household free money, instead of federal government to set up skill center for them, and teach them how to fish, but rather, it's the otherwise, this is a way of embezzlement by the Tinubu's regime

Borrowing money just to pay for recurrent expenditure is the fastest way to kill an economy.

APC government want to use LOANS to offer palliatives.
This government is madt

fourboys:
But where is the money saved from subsidy? To support this APC/Tinubu government U must first of all sell ur soul to the devil 😈

Do you peruse it fully?

They are looking for $400m that will be shared amongst themselves while their puppets are left to languish in penury.

What about the one they gave states

Kukutente23:
But the minister of finance said no more borrowing
What did they do with all the money saved from subsidy removal that they have to borrow for palliatives

No money saved from subsidy yet😁Didn't you hear that they're paying subsidy to maintain 620/litre?(fake news or not)

Y'all ain't seen nothing...

Hehehe borrowing to fund cash transfer to so-called poor masses not to invest in revenue generating assets...then tax the living daylights out of them poor masses..o ti kan yin bayii...e maa gbon ti e ba le gbon sha...stomach infrastructure redefined.

Awon economists aye.

Everything seems wrong with this regime of Tibubu. This is very evident in the senseless policies they've been dishing out since he asumed office. Look at another borrowing for a senseless reason. Are we not just simply stupid in this country? Let's even assume this money would eventually get to the proposed households without being conered into individual pockets, how would N25000 be enough to relieve one household from the current economic hardship? This regime is just making a joke out of the sensibilities of Nigerians. Aren't we just doomed for another 8 years of clueless leadership? Stupid Nigerians, we deserve more and more of these mess, and all of you that voted for this Idiot must pay with more suffering for you and your households. Bastards.

Almajiri country and leaders... All they know how to do is beg, beg, and beg!

You claim to have been preparing to be President for many years, yet no single clear blueprint on how to deal with pressing issues.

He simply came in and continued the pattern left by his useless predecessor.

You’re borrowing money to share, after sharing, you go in search of where to borrow again and share again.. What d fvck is wrong with this animals for Christ sake? …. Money wasted on this nonsense welfare would’ve been enough to build one new refinery

I greet u bros help me touch that bros for back, no I don first greet that one the other one yes I greet u bros.

So na Pablo and dem Scorpion and Crocodile say make I tell una say change wey dem promise us no reach our own side o.

whytediamond:
You eat the very seedlings you're supposed to be planting in fertile soils and you think you have a future. Dey play

You beg and borrow 400mill USD and then share the cash to imaginary families.

Guys,

USD400M can build a textile making factory that can employ thousands of youths and also make Nigeria a major player in the textile industry in Africa.

USD400M can solve the mechanized agricultural needs of 15 States in Nigeria.

USD400M can fund the primary health care problems of hundreds of local governments in Nigeria.

I can list 50 different areas the people will benefit in the long term if this money is used by our "less than average leaders" we look up to for solutions.

Brace yourself my people, until we start doing the right things, we are doomed in the hands of these manipulators tussling for power.

You eat the very seedlings you're supposed to be planting in fertile soils and you think you have a future. Dey play.

If they do all these?
How will they take care of the Zombies they have planted everywhere to defend them and sing their praise

fourboys:
But where is the money saved from subsidy? To support this APC/Tinubu government U must first of all sell ur soul to the devil 😈

no money was saved from subsidy in the first.....the only difference was not taking loans to pay off subsidy

Akwamkpuruamu:
Borrowing money just to pay for recurrent expenditure is the fastest way to kill an economy.

Economy that is already DEAD!

These people are just here to mark present, loot their share, and handover to the next clueless person.

This country is gone... Yet most citizens don't realize it. They are busy fighting among themselves and praying silly prayers.

fourboys:
But where is the money saved from subsidy? To support this APC/Tinubu government U must first of all sell ur soul to the devil 😈

It’s financial,engineering. It’s simply a means of getting more forex into the system to,stabilize the Naira. They borrow in dollars, pay the cash recipients in Naira, and the dollar repayments are spread out over years. This means they get a bulk forex inflow in the short term to help the Naira.

as one of the measures to cushion the effects of petrol subsidy removal on Nigerians.nosense which Nigerian sent them to borrow the 400mill ?let them use the money they saved from subsidy to support the Nigerian .

At the end, they would pay the price for scamming this country.

Kukutente23:
If they do all these?
How will they take care of the Zombies they have planted everywhere to defend them and sing their praise

Well... The Zombies are about to eat sand and gravel, cos this embarrassing bambiala is not sustainable.

Eventually, the creditors will get fed up and stop lending.

LegendHero what's your take on this?

casualobserver:
It’s financial,engineering. It’s simply a means of getting more forex into the system to,stabilize the Naira. They borrow in dollars, pay the cash recipients in Naira, and the dollar repayments are spread out over years. This means they get a bulk forex inflow in the short term to help the Naira.

Ehen...awon economists aye nuu...
Dem don dey shalaye