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How FG Borrowed Over N3.8trillion From CBN In 6 Months - Politics (3) - Nairaland

Nairaland ForumNairaland GeneralPoliticsHow FG Borrowed Over N3.8trillion From CBN In 6 Months (13039 Views)

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Re: How FG Borrowed Over N3.8trillion From CBN In 6 Months by Nonny95: 11:03am On Apr 27, 2024
Global2000:
You will never see them in this post. Na only peter Obi dey cut their sleep.
They are still sleeping.

Foolish things
Re: How FG Borrowed Over N3.8trillion From CBN In 6 Months by RepoMan007: 11:04am On Apr 27, 2024
Some aggressive agent of Tinibu's APC have been trying very hard to say monies were never printed or created afresh.
Please what is "Ways and Means" again?
Re: How FG Borrowed Over N3.8trillion From CBN In 6 Months by seunmsg(m): 11:05am On Apr 27, 2024
lol. Illiterates everywhere. The ways and means Buhari did is a loan repayable by FG with interest. If FG is not servicing the interest, the loan keeps increasing whether new loan was taken or not. The increment in the last 6 months is the accumulated interest and not a new loan
Re: How FG Borrowed Over N3.8trillion From CBN In 6 Months by Nonny95: 11:06am On Apr 27, 2024
RepoMan007:
Some aggressive agent of Tinibu's APC have been trying very hard to say monies were never printed or created afresh.
Please what is "Ways and Means" again?
Printing money
Re: How FG Borrowed Over N3.8trillion From CBN In 6 Months by press9jatv(m): 11:11am On Apr 27, 2024
Over #3.8trillion have been borrowed already. O Lord have your Mercy
Re: How FG Borrowed Over N3.8trillion From CBN In 6 Months by smileyoo: 11:12am On Apr 27, 2024
If indeed this emilokan government is still borrowing money after the removal of fuel
subsidy, then something is not adding up because they said that the reason for removing fuel subsidy is to free huge funds and channel it to national development, they even made lots of promises to Nigerians to caution the effects of fuel subsidy removal, almost one year after fuel subsidy removal , no promises are fulfilled and they are still borrowing money for whatever reasons known to them alone .
this emilokan government is definitely not sincere, but am not surprised.
Re: How FG Borrowed Over N3.8trillion From CBN In 6 Months by Brendaniel: 11:14am On Apr 27, 2024
seunmsg:
lol. Illiterates everywhere. The ways and means Buhari did is a loan repayable by FG with interest. If FG is not servicing the interest, the loan keeps increasing whether new loan was taken or not. The increment in the last 6 months is the accumulated interest and not a new loan
From 4.4 trillion to 8 trillion naira in 6 months, what sort of interest is that?
Re: How FG Borrowed Over N3.8trillion From CBN In 6 Months by Procashtips(m): 11:18am On Apr 27, 2024
This is not an ApC thing again. This is Tinubu

When they want to divert attention, they call Buhari's name. They don't say APC.

Now that they've been caught lying, people are saying APC.

No this is Tinubu and his gangs caught lying and making multiple errors doubled of that made by Buhari and Jonathan put together.
Re: How FG Borrowed Over N3.8trillion From CBN In 6 Months by Obakoolex(m): 11:25am On Apr 27, 2024
Brendaniel:
Read my comment after Tinubu was sworn in last year...
And don't you think Tinubu being the president is the best thing that happened to your lazy ass grin
At least you work harder and make more money.
Re: How FG Borrowed Over N3.8trillion From CBN In 6 Months by LOVEGINO(m): 11:35am On Apr 27, 2024
Re: How FG Borrowed Over N3.8trillion From CBN In 6 Months by israelmao(m): 11:41am On Apr 27, 2024
APC with incessant debt both local and foreign.
Re: How FG Borrowed Over N3.8trillion From CBN In 6 Months by Brendaniel: 11:41am On Apr 27, 2024
Obakoolex:
And don't you think Tinubu being the president is the best thing that happened to your lazy ass grin
At least you work harder and make more money.
I have been working online and earning in dollars since 2017, that does not look like what a lazy person does...

I was only preparing more for Tinubu's governance....

And of course it is not even just about me, it is also about others, so because I make money I shouldn't be concerned about those who are working so hard and yet earning little to nothing because of Tinubu or those that have died because of Tinubu's policies and incompetence?
Re: How FG Borrowed Over N3.8trillion From CBN In 6 Months by Omenapounds: 11:51am On Apr 27, 2024
Did somebody up there just say Gbola Tinubuhuh!🤣🤣🤣
Re: How FG Borrowed Over N3.8trillion From CBN In 6 Months by rhymaholic: 12:01pm On Apr 27, 2024
MrProlific95:
Aaa,

Ain't this the same mistake Buhari government made?

How can Tinubu be worsw than Buhari, haaaaaa

Tinubu will finish the poor oo
when he said "I would continue from where buhari stopped". You thought he was joking?
Re: How FG Borrowed Over N3.8trillion From CBN In 6 Months by nedu666: 12:07pm On Apr 27, 2024
seunmsg:
lol. Illiterates everywhere. The ways and means Buhari did is a loan repayable by FG with interest. If FG is not servicing the interest, the loan keeps increasing whether new loan was taken or not. The increment in the last 6 months is the accumulated interest and not a new loan
Abeg which university did you graduate from. You mean 22 trillion buhari borrowed has accumulated interest of 3.5 trillion in six months.
Re: How FG Borrowed Over N3.8trillion From CBN In 6 Months by seunmsg(m): 12:08pm On Apr 27, 2024
nedu666:
Abeg which university did you graduate from
Peter Obi university of lies and propaganda.
Re: How FG Borrowed Over N3.8trillion From CBN In 6 Months by nedu666: 12:09pm On Apr 27, 2024
seunmsg:
Peter Obi university of lies and propaganda.
No wonder.
Re: How FG Borrowed Over N3.8trillion From CBN In 6 Months by edungene7: 12:33pm On Apr 27, 2024
seunmsg:
lol. Illiterates everywhere. The ways and means Buhari did is a loan repayable by FG with interest. If FG is not servicing the interest, the loan keeps increasing whether new loan was taken or not. The increment in the last 6 months is the accumulated interest and not a new loan
You are an educated illiterate your kind should have been used as a free will donation durring the slave trade era school us on hw any loan acquired within six months can generate 100percent interest from 4.4 to 8trillion within six months
Re: How FG Borrowed Over N3.8trillion From CBN In 6 Months by Treadway:
seunmsg:
lol. Illiterates everywhere. The ways and means Buhari did is a loan repayable by FG with interest. If FG is not servicing the interest, the loan keeps increasing whether new loan was taken or not. The increment in the last 6 months is the accumulated interest and not a new loan
hilarious 🤣🤣🤣

3.8trillion is the accrued interest payable?? Was the interest rate around 50%?. Would love to see that MOU. Revert to your whatsapp group say this lie no enter rara

Almost 4trillion Interest🤣
Re: How FG Borrowed Over N3.8trillion From CBN In 6 Months by ufotunang: 12:54pm On Apr 27, 2024
Tomorrow Reno omokiri and his supporters will blame Peter obi for this 🙄
Re: How FG Borrowed Over N3.8trillion From CBN In 6 Months by ufotunang: 12:55pm On Apr 27, 2024
Reno omokiri and his supporters will not see this one and criticize Tinubu for this
Re: How FG Borrowed Over N3.8trillion From CBN In 6 Months by ArcSEMPECJ(m): 12:56pm On Apr 27, 2024
MajorOvakporaye:
An incompetent Chicago runaway drug criminal can never turn the country's economy around. Gbola Tilumbu has nothing reasonable to offer the country. An old dead brain that has been rendered incapacitated by hard drugs is what is inside his skull, nothing else.
So the actual name of this man is even GBOLA TILUMBU.....no wonder he is selfish....
Re: How FG Borrowed Over N3.8trillion From CBN In 6 Months by ufotunang: 12:59pm On Apr 27, 2024
What did you expect from a president that the only thing he can tell nigerians during his presidential campaign that...it's my turn
Re: How FG Borrowed Over N3.8trillion From CBN In 6 Months by ufotunang: 1:01pm On Apr 27, 2024
And they told nigerians that the Tinubu government will not borrow money from the CBN...liars
Re: How FG Borrowed Over N3.8trillion From CBN In 6 Months by mipeesoft(m): 1:02pm On Apr 27, 2024
Omo ya mi, a daa fun e, Amin. I love it whenever I see my fellow Yoruba people speaking the truth about politics in Nigeria. Those emilokan people oju won ma to laa grin
Eriokanmi:
Na obi cos am. See as they'd shift goal post and be talking of how much obi took as loan when he was Anambra governor.

These people messed everything up with propaganda. Nigeria isn't the largest economy in Africa anymore
Re: How FG Borrowed Over N3.8trillion From CBN In 6 Months by Glister: 1:07pm On Apr 27, 2024
Re: How FG Borrowed Over N3.8trillion From CBN In 6 Months by Fujiyama: 1:08pm On Apr 27, 2024
seunmsg:
Peter Obi university of lies and propaganda.
^^^
undecided

Quit mucking about. This is a deadly serious matter.

You are an educated fellow and you know how an economy works.

You know what W & M advances did during the Buhari administration. You can see the effect on this economy of cost push inflation - arising from BAT's subsidy removal last year. Twelve months later and you can see how hard it is to get inflation under control.

I do not want to think of what this year's supplementary budget is going to look like when it is presented to the figurines in the national assembly later on. undecided

Nigerians are still waiting for a widely distributed update on Project Gazelle's disbursements.
Re: How FG Borrowed Over N3.8trillion From CBN In 6 Months by sulaak(m): 1:16pm On Apr 27, 2024
MrProlific95:
Aaa,

Ain't this the same mistake Buhari government made?

How can Tinubu be worsw than Buhari, haaaaaa

Tinubu will finish the poor oo
Nigeria cannot produce wealth due to insecurity and poor infrastructure. Hence, the only means of production is to print money. This was the downfall of the Zimbabwe government
Re: How FG Borrowed Over N3.8trillion From CBN In 6 Months by Forumites: 1:33pm On Apr 27, 2024
What’s all these with borrowing. Can’t this government just have pity on people? This country will implode one day and e no go easy for these politicians.
Re: How FG Borrowed Over N3.8trillion From CBN In 6 Months by Growing(m): 1:36pm On Apr 27, 2024
Question: What exactly is the business of CBN that it is able to borrow trillions to government?

What product or service does CBN sell to make trillions?

The day you find out this answer, the deception even in words will be clear to you.

And you will see better the root cause of inflation and the deceptive games to hide the root cause.
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