₦airaland Forum

Tinubu and his gangs on the beat.

Jesus did not pay this one oh.

The main question is: how will this loan affect the value of Naira?

toltee4real:
Borrowing again?

Tinubu's Owambe strategy, take loan
To defend the Naira.

DMerciful:
Where is the money from removal of subsidy and floating of the naira?

You guys never learn!

Everything na cruise to them, while the country is sinking.
How can you remove subsidy on everything and you keep borrowing?
It only makes sense to agbado miscreants and vuvuzelas

femi4:
yet no infrastructure

I swear

helinues:
Toh

As long as what you are using the loans for are visible, we have no issue

Lol

play around with forex to deceive people things are getting better, goes ahead to borrow 2bn dols the next day....Maradona govt.

Of course he's continuing from where Buhari stopped no complain




Dangote go soon borrow Nigeria loan

Must you become a puppet or zombie all the time, where's your humanity if you cant think straight? I weep for this nation because of slaves who have fallen in love with their torturous masters

KingKO22:
US, UK, China, India anc other developed countries also borrow to support their economy so I don't think borrowing is a bad idea but using it judiciously should be our concern

Lizzysamuel:
I thought oil production has increased and we are saving money from "subsidy is gone"?

Why borrow billions again?

Shinedu go and sit down. Why don't you focus on developing lagos, london, dubai and new york

nairalanda1:
Hmm

Im gonna post this there. Do not read by the way



FOR THE SOURCE GO HERE


WE ARE going to borrow and keep borrowing until we follow Obi and Moghalu advice and...manufactured goods and services, and allow the free market work its magic in the power and petrol sector which means removal of subsides and cost reflective tarrifs...like some other African country...

Taking advice from a trader who is all talk and no action?
What manufacturing has Obi ever initiated besides Hero beer?
Anyone can say and promise anything, but what have you done previously when you were in power?

nairalanda1:
They can't stop borrowing, unless they diversify the economy and improve taxation to gdp ratio, and crucially...manufactured goods and services.

we are building coastal hughway while borrowing? Only reasonable thing to borrow on is power generation. Every other thing is a waste

IPIGSRSHALLOW:
Taking advice from a trader who is all talk and no action?
What manufacturing has Obi ever initiated besides Hero beer?
Anyone can say and promise anything, but what have you done previously when you were in power?

He's still right.

The big countries work because they massively export manufactured goods and services.

Look at the world's reserve currencies. None of them come from oil dependent nations like nigeria

Melagros:
COMRADES, this is the government which vowed never to borrow a dime, unfortunately, reverse now is the case

Please show us when and where they promised not to borrow a dime.

Even your Messiah Obi said he will have to borrow..

But if you guys dont lie and share false infirmation about things you dont understand, you wont be you

Terrible

BABAawoo47:
we are building coastal hughway while borrowing? Only reasonable thing to borrow on is power generation. Every other thing is a waste

Yep, makes sense, especially for generation

Tell us the purpose of this loan?

BORROW BORROW GOVT. SHAME

Fraudulent Subsided removal + electricity 350% tariff hike + irrestitable-unquestionable fraudulent loan + Foolish projects that contributes little return(lagos calabar) + all the nepotist policies + etc = the worst government that ushers us all into revolution

femi4:
yet no infrastructure

I thought peter obi already build metro trains and highways in anambla. I thought anambla's gdp was higher than london, los angeles and new york combined. Which infrastructure are you looking for again?

helinues:
Who floated the Naira?

Tinubu did. Or is Wale Edu not part of Tinubu team?

Nawa o

Only Obasanjo cleared debts and increased foreign reserves. These lots are just reckless

Keep looting.
Tinubu continuing from where buhari stopped as promised

Buhari 8yrs of borrowing and borrowed noting to showed for it, this guy don start em own too, even common light nigeria 🇳🇬 no get, wety this bastard Country dey borrow the money for self.

nairalanda1:
They can't stop borrowing, unless they diversify the economy and improve taxation to gdp ratio, and crucially...manufactured goods and services.

Pls my oga,can u explain ds more in a layman's language,i am not a financial student but really wanna understand ds ur comment. Thank u

So all the money recovered from looters and the one from this former kogi governor yahaha bello isn't enough?
Why borrow?

Why stay in debt? Why use Chinese to build infrastructure? Why sell off your resources? Why stay in darkness?

If I start my own now Dem go say I commit treason....
They should continue looting , one day Dem go answer the PUNISHER