₦airaland Forum

Let the looting and relooting begin.... naija we hail thee

To be looted again and the cycle continues

To be shared amongst the elite as usual.

As usual....
# looting mode activated by the useless govt of self serving THIEVES 💯💯💯💯

BeeBeeOoh:
....and provide urgent support to the poor and vulnerable

They keep stealing in the name of helping the poor.

Borrowing upon borrowing with nothing to show for it. Nigeria case is hopeless. Tinubu is a big scarm.

Ijọba onigbese = government ok indebtedness

I thought one of the defence to subsidy removal is it helps the government save more

I have always known that subsidy is just an organized crime by the elite to rip the poor

Mehn if you don't have means to help yourself in the country now, you are messed oooo cos we no dey even hear say Dem wan go borrow, na approval we dey hear

Chai tinubu just redefined failure

This country is stupid. What collateral did they put up to get this large amount of loan ? Which I am sure they will loot as usual . Our unborn generation is bleeped . Our generation is forked also

Snowx:
APC supporters and their sycophants are the worst set of people..BAT announced that the subsidy was removed and money is been saved..they my question is why is the money saved form subsidy? Why borrowing?? Where would you channel those money??

is it not an irony? And you see some shameless idiots defending Dem here. Very useless idiots that warrants mob beating.

Parydelegate:
I hope the loan is to pay the proposed 250k minimum wage

Same way the previous government was collecting loan with the promose to embark on capital projects but ended up looting it.

The Problem is that Jagaban Tinubu, AKA the area scatter, is following the footsteps of Buhari his Mentor.

I hope Lagos is the collateral for all these economy sustaining debt.

World Banks approves their loot should be the headline

What is the loan being used for is the main question?

To invest wisely? Stabilizers the Naira? To share to leaders? What exactly.

They are most likely to invest it in shady projects.

fullclub:
This is my main problem...

No any investment scheme for farmers.
I have not seen where government gets massive fertiliser, tractors, seed funds for farmers and also step to provide security in remote places for farmers.

This will boast farm yield in two years to come but they haven't done anything on that

You want a criminal drug baron to invest the money to make Nigeria better? We play too much as Nigerians.

Tinubu will rather buy gulf stream G650ER than do what you listed above and he is just getting started

So you can buy more jets for the president and vice abi and spend on frivolous things 😒🙄😡

80% of the loan will end in private coffers of Bulaba and his associates.

StreetFight:
We are not interested

That money might already be in Nigeria by now and I doubt there anything you can do about it...

Just sit down and watch as what you keep supporting destroys what you call a country...

Money wey they go turn back thief all. Very useless set of people.

Our president is truly continuing from where Buhari stopped

“The approved operations include $1.5 billion for the Nigeria Reforms for Economic Stabilization to Enable Transformation (RESET) Development Policy Financing Program (DPF) and $750 million for the Nigeria Accelerating Resource Mobilization Reforms (ARMOR) Program-for-Results (PforR),” the statement reads.



See packaging abeg .

Big big acronyms to justify the loan

Siberia01:

Taking loans no be crime...
What do you aim to do with it ?
Share it to NASS members as usual?
We haven't even invested in agriculture or education with all these loans
And food prices are soaring everyday
Is it to defend naira?

Se, President Tinubu is still playing Politics.
Good, Prices are soaring in the South because people like you could not Farm and the Northerners are using Food as a Weapon to fight the Southerners Or
- why is a Bag/ Basket of Tomato 🍅 that is sold for N4000 in the North,same is sold in Lagos and other Southern States for N150,000.
Una de say who dies? Same with Beans,Onion,Garri,Rice,etc.
Southerners are fighting themselves - Obi and his Obedient group are complaining,just to rubbish the Tinubu's Govt because of hatred- enough win,fake degree, and all those stuff against the Yoruba-ronu and IPOB are in Obi's enclaves but he never complains about them- nor their Stay at home,no exams for WAEC but after the incidents,just to play Politics! Nonsense.
The Northernsclaimed it is Transport ,it's inSecurity - why e no affects them,for the Prices to be low and all those rubbish!
Sebi,Tinubu Open Borders for North but refused to Open the Southern own Borders.
We all de inside,na

Is this how other countries are borrowing money from world Bank or is there a dickriding affair between Nigeria and them

BeeBeeOoh:
https://www.thecable.ng/breaking-world-bank-approves-2-25bn-loan-for-nigeria/amp/

Who be this bastard finance minister?

LOL! Nigerians have not understood what they have entered yet.

Approve suicidal loan for vulnerable country of fools like Nigeria. Britain is in recession, Germany is virtually too, World Bank won’t give “poison” called loan to those. It’s foolish countries that are baited and kept under developed for ever. Now they will breathe down your neck to accept their values as part of the requirement for the loan, value of gay, LGBTQIA and all the nonsense. And you should further pauperise Nigerians. You all remember structural adjustment..what did we get. Niger, Mail and those countries are far more free and would live better very soon. With World Ban and IMF loans, our future and those of the coming generation is being mortgaged to the Western sharks.
Very unfortunate. My people are very very gullible. Well God help us all..

Money that have already been shared within themselves before arrival.

The loan wey Tinubu don collect e supercede that of Buhari and Jonathan. Yet Nigerian remains the poverty capital of the world.

Who will pay back this loan?

APC is a scourge!

Idiotic bunch!

na world bank i dey blame. on the other hand it seems now that these people approving loan for nigeria is also having share in the loan. you can not tell me that someone who does not know how to repay a loan will keep borrowing and u keep approving.