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FG Seeks $1.5bn Loans To Shore Up Naira, Boost Budget - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / FG Seeks $1.5bn Loans To Shore Up Naira, Boost Budget (8490 Views)

Utomi: Loans Nigeria Taking To Shore Up Naira Are β€˜meaningless’ Arise Exclusives / Tinubu: We Will Raise $10 Billion To Stabilise Naira, Boost FX Liquidity / Sabo Nanono: Nigerian Seeks $1 Billion Loan To Boost Mechanised Farming (2) (3) (4)

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Re: FG Seeks $1.5bn Loans To Shore Up Naira, Boost Budget by jmoore(m): 9:43am On Jan 18
NzogbuNzogbu:
What is tinubu this daft with his trial and error ways

You borrow billions of dollars to wedge naira for a few days just for your zombies to be happy

Have the naira not always gone back to its fall after that, why not solve the inflation issue
See lamentation! After voting Tinubu, you have started wailing.
Una go wail tire!!

8 Likes 1 Share

Re: FG Seeks $1.5bn Loans To Shore Up Naira, Boost Budget by Corrections: 9:43am On Jan 18
grin grin grin grin grin grin grin grin grin grin grin grin
Re: FG Seeks $1.5bn Loans To Shore Up Naira, Boost Budget by VeeVeeMyLuv(m): 9:44am On Jan 18
Loot in naira

Request for loan in $$ dollars

If loan is gotten, use the looted billions & trillions of naira to buy up all these scarce loaned millions & billions of dollars within few days!

Rinse and repeat.

1 Like

Re: FG Seeks $1.5bn Loans To Shore Up Naira, Boost Budget by dikings(m): 9:45am On Jan 18
Borrow borrow Govt... Ole Barawo.... SHAME

1 Like

Re: FG Seeks $1.5bn Loans To Shore Up Naira, Boost Budget by IamAtikulate: 9:46am On Jan 18
πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚

So this the Wale Edun Yoruba APC have been making mouth about?

This one is even more clueless than Buhari's finance Minister.

If you borrow dollar to defend the Naira, people will buy the dip and hold it until dollar goes up. Another set of millionaires is about to arise from Tinubu's cluelessness.

πŸ˜‚πŸ˜‚πŸ˜‚

6 Likes

Re: FG Seeks $1.5bn Loans To Shore Up Naira, Boost Budget by 82man: 9:46am On Jan 18
Aaaaaaaah again why borrowing, when tinubu is using trillions of Naira to purchase Yachts and his wife armoured vehicles, nonsense people

2 Likes

Re: FG Seeks $1.5bn Loans To Shore Up Naira, Boost Budget by ufotty2001: 9:49am On Jan 18
easyfem:
But why this gov always borrow and u expect you naija currency not to loose value . This is part of reason why our currency is failing . I no won too blame tinubu like that but as for BUARI , he no go die well
why won't you blame Tinubu? Because u voted for him..

3 Likes

Re: FG Seeks $1.5bn Loans To Shore Up Naira, Boost Budget by zuchyblink(m): 9:51am On Jan 18
Nigerian system has been busy with anti Igbo policies that they forgot governance. They have reduced the country to zero.

4 Likes

Re: FG Seeks $1.5bn Loans To Shore Up Naira, Boost Budget by Calitoscassius(m): 9:52am On Jan 18
This will affect Biafranians, Obidients and southyeasts people only. But it will favour me and my agbado and agbero families. cheesy

4 Likes

Re: FG Seeks $1.5bn Loans To Shore Up Naira, Boost Budget by YEMOYEMI: 9:53am On Jan 18
In another news, CBN has over $7B obligation unmet. What impact will[b] $1.5B[/b]?

1 Like

Re: FG Seeks $1.5bn Loans To Shore Up Naira, Boost Budget by Trophy12: 9:54am On Jan 18
ogododo:


https://punchng.com/fg-seeks-1-5bn-loans-to-shore-up-naira-boost-budget/
I don't like this kind of people with such shape of head, all they does is to retrogress the country.shior confuse being with head like coffin ⚰️
Re: FG Seeks $1.5bn Loans To Shore Up Naira, Boost Budget by Ykc2(m): 9:54am On Jan 18
By the time emilokan people finished dealing with us body go tell

2 Likes

Re: FG Seeks $1.5bn Loans To Shore Up Naira, Boost Budget by Ozommadu: 9:55am On Jan 18
mrvitalis:

Lmaooo its to early to cry na bros

You forgot to change account?

Na statistics we go chop?

Hahaha, you catch am

3 Likes 1 Share

Re: FG Seeks $1.5bn Loans To Shore Up Naira, Boost Budget by FireUpNow(m): 9:56am On Jan 18
Brendaniel:


Oga, corruption is the major reason the naira is falling and Tinubu is not fighting corruption...

Back to the topic;

We warned about Tinubu but they didn't listen

Can corruption fight corruption?
Re: FG Seeks $1.5bn Loans To Shore Up Naira, Boost Budget by Ozommadu: 9:58am On Jan 18
NzogbuNzogbu:
Tinubu is just roaming in cycles when the issues here need urgent measures


Good Security to encourage farmers and business can curb inflation

Reduction of these stupid tax, bank charges, nepa tarrifs can curb inflation

Bring back fuel subsidy for the main time before dangote start (if he ever would) instead of paying scam subsidy for electricity

Hehehe

Bros you forgot to switch account oo cheesy

4 Likes

Re: FG Seeks $1.5bn Loans To Shore Up Naira, Boost Budget by Donaldoni: 9:58am On Jan 18
When are Dangote products hitting the market
Re: FG Seeks $1.5bn Loans To Shore Up Naira, Boost Budget by Angelfrost(m): 9:58am On Jan 18
Lol... Bambiala government!

Borrowing money which most will be looted... Mortgaging the futures of several generations yet unborn.


Imagine being born, and automatically you are a debtor!

4 Likes

Re: FG Seeks $1.5bn Loans To Shore Up Naira, Boost Budget by Angelfrost(m): 10:01am On Jan 18
Ozommadu:


Hehehe

Bros you forgot to switch account oo cheesy

How he wan take remember when hunger don fry him brain?!! Lol! tongue

6 Likes

Re: FG Seeks $1.5bn Loans To Shore Up Naira, Boost Budget by Samogloby: 10:01am On Jan 18
Borrow to share amongst themselves! Useless set of people
Re: FG Seeks $1.5bn Loans To Shore Up Naira, Boost Budget by arantess: 10:02am On Jan 18
Bobloco:
Another loan

What happened to all the money saved from subsidy removal
Shebi the 8 trillion they claimed was saved?!

1 Like

Re: FG Seeks $1.5bn Loans To Shore Up Naira, Boost Budget by ogododo: 10:02am On Jan 18
Trophy12:
I don't like this kind of people with such shape of head, all they does is to retrogress the country.shior confuse being with head like coffin ⚰️

$10bn no land again?

1 Like

Re: FG Seeks $1.5bn Loans To Shore Up Naira, Boost Budget by israelmao(m): 10:03am On Jan 18
Ozommadu:
All the trillions saved from subsidy nko?? Even dangote refinery will reduce pressure on dollar clue where una dey

Seunmsg
FreeStuffsNG
Obiedun
LeoDeKing
And other nairaland former buhari paid defense team,now tilumbu praise singers.

Come and defend the failures you love to support

They will say N8trn made so far from susbsidy is already part of the budget while the borrowing is necessary in order to make up the deficit in the budget but Nigeria's debt burden is growing in an horrendous wavelength.Who knows whether the money saved so far from subsidy is even more than what they posted.

2 Likes

Re: FG Seeks $1.5bn Loans To Shore Up Naira, Boost Budget by vRendoh(m): 10:04am On Jan 18
CHAAII!
Re: FG Seeks $1.5bn Loans To Shore Up Naira, Boost Budget by RepoMan007: 10:07am On Jan 18
Brendaniel:


Oga, corruption is the major reason the naira is falling and Tinubu is not fighting corruption...

Back to the topic;

We warned about Tinubu but they didn't listen
Oya switch back again. I don hear u.
Re: FG Seeks $1.5bn Loans To Shore Up Naira, Boost Budget by Ozommadu: 10:07am On Jan 18
israelmao:


They will say N8trn made so far from susbsidy is already part of the budget while the borrowing is necessary in order to make up the deficit in the budget but Nigeria's debt burden is growing in an horrendous wavelength.Who knows whether the money saved so far from subsidy so far is even more than what they posted.

Something wey dem dey loot as e dey come grin


Dey play

2 Likes

Re: FG Seeks $1.5bn Loans To Shore Up Naira, Boost Budget by gare(f): 10:10am On Jan 18
ogododo:


https://punchng.com/fg-seeks-1-5bn-loans-to-shore-up-naira-boost-budget/

What about the ones collected from AFDB just recently to shore the naira, just hope this is not another avenue to borrow and steal all in the name of Naira shoring.
Re: FG Seeks $1.5bn Loans To Shore Up Naira, Boost Budget by Jlow2: 10:11am On Jan 18
Lolz, monies saved from subsidies, where is it??

2 Likes

Re: FG Seeks $1.5bn Loans To Shore Up Naira, Boost Budget by Eriokanmi: 10:13am On Jan 18
Bobloco:
Another loan

What happened to all the money saved from subsidy removal
Scam, scam and scam. They dwell mainly on propaganda. Are you aware they still pay subsidy?

2 Likes

Re: FG Seeks $1.5bn Loans To Shore Up Naira, Boost Budget by Streetdoctor: 10:14am On Jan 18
easyfem:
But why this gov always borrow and u expect you naija currency not to loose value . This is part of reason why our currency is failing . I no won too blame tinubu like that but as for BUARI , he no go die well
As it is right now, buhari is better than ur Tinubu.

1 Like

Re: FG Seeks $1.5bn Loans To Shore Up Naira, Boost Budget by Streetdoctor: 10:16am On Jan 18
NzogbuNzogbu:
Why is tinubu this daft with his trial and error ways

You borrow billions of dollars to wedge naira for a few days just for your zombies to be happy

Have the naira not always gone back to its fall after that, why not solve the inflation issue
Eyaaaa, kpele, so na dis morning una no say Tinubu is so daft in management. I still dey learn politics 101 from ronu dem

1 Like

Re: FG Seeks $1.5bn Loans To Shore Up Naira, Boost Budget by ParagonPrick: 10:16am On Jan 18
NzogbuNzogbu:
Tinubu is just roaming in cycles when the issues here need urgent measures


Good Security to encourage farmers and business can curb inflation

Reduction of these stupid tax, bank charges, nepa tarrifs can curb inflation

Bring back fuel subsidy for the main time before dangote start (if he ever would) instead of paying scam subsidy for electricity
Arindin forgot to switch account cheesy grin, Sapa kee you there

3 Likes

Re: FG Seeks $1.5bn Loans To Shore Up Naira, Boost Budget by Streetdoctor: 10:17am On Jan 18
jmoore:

See lamentation! After voting Tinubu, you have started wailing.
Una go wail tire!!
i swear to gawd bro, dem never start to dey wail

3 Likes

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