Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan - Politics (2) - Nairaland
Nairaland Forum › Nairaland General › Politics › Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan (9626 Views)
| Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by ojonugba2014(m): 5:43am On Nov 28, 2023 |
Please borrow $50B in your next loan request. This is just the beginning. We never see anything. God abeg,let me ND my family continue to live a comfortable life. |
| Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by adenigga(op): 5:43am On Nov 28, 2023 |
ogbonti:Hmnnnn.......
|
| Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by emerged01(m): 5:51am On Nov 28, 2023 |
The budget is $33b,if $1b is borrowed to support the budget,I dont think that is bad. Just saying o |
| Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by Iseoluwani: 5:54am On Nov 28, 2023 |
overall90:i thought they said they have $1trillon after removing subsidy |
| Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by DiamondPant(f): 5:56am On Nov 28, 2023 |
overall90:The loan has an 8 years moratorium. Tinubu has already started spending money that Nigeria will make in 2031 (when he must have left office). As it stands, politicians have spent Nigeria's money for at least 15 years ahead!! They borrow money to make forex available. They'll inject forex into the "economy". The naira will appreciate against the dollar. They sell the dollars to themselves. Then they allow the naira crash again and their accumulated dollars have higher naira equivalents. They'll withdraw in naira, borrow again to strengthen the naira. Buy back the borrowed dollars, allow the naira to crash and they cash out again. And the cycle continues! |
| Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by Dicoomoba: 6:05am On Nov 28, 2023 |
ogbonti:Omo Tinubu must’ve really killed your dad and mom hbaba your hypocrisy is bigger than that of your tribe and I’m sure half of your family stay Lagos 😂 |
| Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by Reference(m): 6:07am On Nov 28, 2023 |
I am sure they will be sitting round a table and thinking what would have been if they had not taken to Ojota to stop the fuel subsidy removal all those years ago.... despite the torrent of warnings of the calamity we see today. And then following up with an administration that was totally incompetent to handle the fallout but stood behind the finger of preventing social upheavals ensured a total meltdown of the nation. Today this country is so vulnerable that any minor global economic tremor such as another pandemic, another major conflict somewhere in a land far, far away may just completely crumble what is left. We brought ourselves here. That is the bottomline. |
| Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by Justhere: 6:22am On Nov 28, 2023 |
FG keep on borrowing for executive personal needs |
| Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by Nobody: 6:22am On Nov 28, 2023*. Modified: 6:40am On Nov 28, 2023 |
Borrowing, will soon go in sorrowing |
| Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by DesChyko: 6:26am On Nov 28, 2023 |
I hope we are seeing the Lagos model? It is no surprise why they are at least twice as indebted as the next most indebted state in Nigeria. Ambode really tried to reverse the model, but we all saw how that ended. |
| Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by Lanre1st(m): 6:28am On Nov 28, 2023 |
What is effect of the one he has been presented in the past? Just bring back our fuel price |
| Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by Nobody: 6:39am On Nov 28, 2023 |
Atarakpa:They have borrowed your future away. Onuku. |
| Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by AbuTwins: 6:42am On Nov 28, 2023*. Modified: 3:33pm On Nov 28, 2023 |
ogbonti:I know you must be Igbo or an Obidient or both! Is your state governor not taking loans too? Is your state government not sharing from FAAC? Obi no dey go anywhere! Deal with your loss! And Nigeria will get better! |
| Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by AbuTwins: 6:44am On Nov 28, 2023 |
UTC34:Restrict the trouble and wahala to you and your family! |
| Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by Ddeliverer007(m): 7:07am On Nov 28, 2023 |
12inchess:That’s why you will remain where you are always. Stuck forever. “Obi would have scammed us too anyway”.. I sorry for you. |
| Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by Brushstrokes20: 7:14am On Nov 28, 2023 |
👀Ole Ajibole oleeeeeeeeeee! Despite the trillions eBOLA and cohorts claimed to have saved from subsidy removal 💯The useless govt of self serving THIEVES is hell bent on sinking the shyyythole!... A stitch in ⌚time saves nine 9️⃣ |
| Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by EmekaBlue(m): 7:23am On Nov 28, 2023 |
Onigbese country Yeye dey smell Nigerians will just come online and rant,same in public transport, newspaper stand and every avenue but can't do nothing about it...then they adjust to anything the government wants and implement Weak ass citizens |
| Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by SouthSouth1914: 7:40am On Nov 28, 2023 |
Tinubu says he saved trillions from Fuel Subsidy, yet he is borrowing more money than never before yet nothing to show for. Nigerians, you have been played by the APC!! |
| Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by stanliwise(m): 7:45am On Nov 28, 2023 |
sinero:Brain dead. Country Dey sink you dey here dey talk nonsense. |
| Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by joshmee4real(m): 7:45am On Nov 28, 2023 |
Emilo:Lol. APC don already bring Broom abi? |
| Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by Iagos: 7:46am On Nov 28, 2023 |
ogbonti:🙏🏽 God bless you for saying it as it is. |
| Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by ufotunang: 7:47am On Nov 28, 2023 |
Incompetent set of people in government..they do not have any idea on how they can generate revenue for the country... Just to be borrowing money ..nawaoooo 🙄 |
| Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by 735i(m): 8:08am On Nov 28, 2023 |
DiamondPant:This is the scariest part oh. Repayments will start after he leaves government. How his supporters can't see that their principal is a criminal amazes me... |
| Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by panpan(m): 8:22am On Nov 28, 2023 |
When the federal government takes external loans, they are indirectly taking money from the Nigerian population through naira devaluation, increase in the price of petroleum products, and general inflation. |
| Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by Quebec91(m): 8:23am On Nov 28, 2023 |
![]() Emilo: |
| Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by sukar886: 8:39am On Nov 28, 2023 |
Nigeria will soon be bury, tinubu government will be the worst |
| Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by DiamondPant(f): 8:47am On Nov 28, 2023 |
735i:They see it. They know it. They've always known it. They're just too ashamed to admit it publicly. It takes superb intelligence to come out and denounce what you once supported. |
| Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by AMI3(m): 8:54am On Nov 28, 2023 |
sinero:Why too much bitterness in u? Calm down |
| Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by Emilo(m): 9:36am On Nov 28, 2023 |
joshmee4real:Exactly 😀😀 |
| Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by SuccessfulRichi: 9:55am On Nov 28, 2023 |
If NIGERIA is destroyed we should know who destroyed it. I used to hate military take over. But I think the military should start making plans to take over this entity. Cuz all the structures are weak. Even the judiciary are bought out. Now Nigeria is like a company for some ppl. |
| Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by emperor4love(m): 9:58am On Nov 28, 2023 |
Wen person go begin get him.own part of loot |
| Re: Tinubu Presents Budget Wednesday, FEC Okays $1 Billion Loan by castrokins(m): 10:21am On Nov 28, 2023 |
8-year Moratorium So That Tinubu Would Have Been Out Of Office Before Repayment Commences |
World Bank Okays $1.57 Billion Loan For Nigeria • Tinubu Presents His Certificate Of Return To His Son, Seyi (Photo) • Tinubu Presents His Certificate Of Return To Buhari In Daura (Photos) • 2 • 3 • 4
Nobody Is Above This Party, PDP Tells Wike • Oil Marketer’s Imprisonment In Saudi Shocks Colleagues • Abubakar Mahmoud Is New NBA President
💯