₦airaland Forum

Now we know why they keep pushing to press that they have paid all the sukuk loan of 2017...

And also IMF loans.. because, they want to borrow more

Image123:
Wailers must wail, it's destiny.

Don't mind wailers
Tinubu that just paid 100bn sukuk loan is taking a mere 300bn sukuk loan in replacement and they are still not happy
What will now make them happy

stealmatic:
school u no go,work u no learn,now to ready and comprehend na wahala,u c ur life

Olodo of the highest order, let me educate you a bit.
A government bond is issued by the government to support public spending. It generally includes a commitment to pay periodic interest, called coupon payments, and to repay the face value on the maturity date.

A Sukuk is a sharia-compliant bond-like instrument used in Islamic finance,may not necessarily attract interest but it must be paid back at maturity.

Agbegbaorogboye:
Don't mind wailers
Tinubu that just paid 100bn sukuk loan is taking a mere 300bn sukuk loan in replacement and they are still not happy
What will now make them happy

Lol, where did you expect the budget to be fully met if not loans? Or your dad will borrow us(Nigeria) money without interest? In case you feign ignorance, Sukuk loans represents ownership in an underlying asset, project, or investment and provides returns. It's a win-win. Sukuk must be linked to a tangible asset, service, or project. We have a N18 trillion road infrastructure deficit, i guess you want us to do it without borrowing in 50years time. Sukuk issuance is part of efforts to diversify the government’s funding sources and accelerate the pace of infrastructural development. You can invest, i can invest, anything from N10,000 and upwards. You don't pay back fixed interests in a Sukuk loan but returns. Like i said earlier, it is tied to projects, not just loan to eat up with nothing to show.
Your mates were hailing Traore for building a tomato factory with contributions from the local population. But you have problems with a win-win investment done by our FG. Hypocrite

anonimi:
Looters must loot, it is their destiny while pretending to be paragons of prudent management and incorruptible saints.

Why is ebilokan doing like those CBEX scammers by paying $100 million to take a fresh loan of $300 million despite removing subsidy, devaluing the Naira, increasing taxes etc

Educate yourself on Sukuk.

Image123:
Lol, where did you expect the budget to be fully met if not loans? Or your dad will borrow us(Nigeria) money without interest? In case you feign ignorance, Sukuk loans represents ownership in an underlying asset, project, or investment and provides returns. It's a win-win. Sukuk must be linked to a tangible asset, service, or project. We have a N18 trillion road infrastructure deficit, i guess you want us to do it without borrowing in 50years time. Sukuk issuance is part of efforts to diversify the government’s funding sources and accelerate the pace of infrastructural development. You can invest, i can invest, anything from N10,000 and upwards. You don't pay back fixed interests in a Sukuk loan but returns. Like i said earlier, it is tied to projects, not just loan to eat up with nothing to show.
Your mates were hailing Traore for building a tomato factory with contributions from the local population. But you have problems with a win-win investment done by our FG. Hypocrite

See shalaye
Zombies don become loan specialists
If nothing is wrong with loans why are you people jumping all over the place over repayment of loans
Is anything special in paying back loans previously taken and then taking some more?
How many of the loan infrastructure tied to roads have been completed? Yet the payment of the loans is going on as scheduled
I'm surprised Traore is still biting zombies hard on their scrotum like mosquito
Kpele o

Agbegbaorogboye:

See shalaye
Zombies don become loan specialists
If nothing is wrong with loans why are you people jumping all over the place over repayment of loans
Is anything special in paying back loans previously taken and then taking some more?
How many of the loan infrastructure tied to roads have been completed? Yet the payment of the loans is going on as scheduled
I'm surprised Traore is still biting zombies hard on their scrotum like mosquito
Kpele o

There's nothing wrong with taking loans when you use them for tangible things, not for foolish things like recurrent expenditure or paying subsidy. All the nations you look up too take loans and are in more debt than Nigeria. It is the sane, sensible and responsible thing to pay back loans especially needless overbearing ones, and improve your debt ratio. Anyway, it's obvious you don't know much about money from the way you talk, so I won't blame you much.

https://www.fmw.gov.ng/read/565

The above link shows the infrastructure, amount and contractors that the loan was tied to. You are free to make your findings from there. i see you're a happy hypocrite about Burkina Faso.

Image123:
Educate yourself on Sukuk.

If you have educated yourself about it, then why are you being a Dead Sea?

Image123:
There's nothing wrong with taking loans when you use them for tangible things, not for foolish things like recurrent expenditure or paying subsidy. All the nations you look up too take loans and are in more debt than Nigeria. It is the sane, sensible and responsible thing to pay back loans especially needless overbearing ones, and improve your debt ratio. Anyway, it's obvious you don't know much about money from the way you talk, so I won't blame you much.

https://www.fmw.gov.ng/read/565

The above link shows the infrastructure, amount and contractors that the loan was tied to. You are free to make your findings from there. i see you're a happy hypocrite about Burkina Faso.

But Tinubu took loans for recurrent expenditure last year September or were you in space then?

You deluded zombies are so disconnected from the reality of the govt you support that you sound sorry most times.

Can you show the completion rate of the infrastructure for the loans taken under Buhari? I'll be waiting.

Like Buhari like Tinubu. Both are from the same APC stock ruining our economy while their zombies defend all their shenanigans for ewa and agbado

Agbegbaorogboye:
But Tinubu took loans for recurrent expenditure last year September or were you in space then?

You deluded zombies are so disconnected from the reality of the govt you support that you sound sorry most times.

Can you show the completion rate of the infrastructure for the loans taken under Buhari? I'll be waiting.

Like Buhari like Tinubu. Both are from the same APC stock ruining our economy while their zombies defend all their shenanigans for ewa and agbado

Duh, minimum wage more than doubled. Should he pay from your account? Like i said earlier, make your findings.

Keep whining yourself, while those who know keep sticking with BAT as their lives depend on it.

“Since Tinubu became president and removed subsidy, no member of the House of representatives receives less than N1bn for constituency projects” pic.twitter.com/xyypkIpDUb

— Wale Adedayo 🌍🔰 (@Mario9jaa) May 14, 2025

PresidObi:
It seems like other lenders that are their "customers" are no longer lending to them ?

Borrowing is good, but borrowing to consume or embezzle is bad enough.

Who are the other lenders that refused? Sukkuk bond has been there. It is the loan that is used and being used to construct the smooth Enugu - PH highway. Have you not been enjoying that road when you drive? Compare the situation before and now? Even if they give you gold you will still hate. Don't allow them to continue to be giving us the tag "haters"

[quote author=Image123 post=135368829]Duh, minimum wage more than doubled. Should he pay from your account? Like i said earlier, make your findings.

Keep whining yourself, while those who know keep sticking with BAT as their lives depend on it.

“Since Tinubu became president and removed subsidy, no member of the House of representatives receives less than N1bn for constituency projects” pic.twitter.com/xyypkIpDUb

— Wale Adedayo 🌍🔰 (@Mario9jaa) May 14, 2025

see it's ok BAT to borrow for recurrent at long as there's an excuse while others who do it are damned

As I've said, a lot of you BATists had your hearts darkened by blind rage fuelled by fanatical ignorance when others were running govt such that same things you hold contemptible then now look novel and rational to you including even ridiculously routine things like debt servicing.

Let's see. OBJ was a tyrant who wouldn't brook no opposition and rigged elections according to you. Tinubu on the other hand is a master strategist who sows discord among opposition to prevent them from being effective while hijacking INEC and the judiciary to carry out blatant rigging

Atiku was a looter who privatised govt assets for his friends and cronies while Tinubu is a financial genius who cornered Lagos tax for himself and his family and friends

Jonathan is corrupt for spending humongous resources of Nigeria with almost nothing to show while Tinubu is brilliant by turning Lagos and now Nigeria to his piggy bank

Imagine dancing like urchins because someone completed loan payment of less than $2bn. Another man who paid $12bn in one fell swoop while working out debt forgiveness of $18bn in same country is your eternal enemy.

You guys were brainwashed and stewed in a pot of hate. That's why you guys can be willing tools for failed politicians to continue holding on to power using ethnoreligious tools

AustineE1:
Olodo of the highest order, let me educate you a bit.
A government bond is issued by the government to support public spending. It generally includes a commitment to pay periodic interest, called coupon payments, and to repay the face value on the maturity date.

A Sukuk is a sharia-compliant bond-like instrument used in Islamic finance,may not necessarily attract interest but it must be paid back at maturity.

So u do copy and paste,better than that gibberish u said earlier

omoredia:
Funding for boko haram and fulani terrorists. Don't use ur money to fund evil

Correct guy, wisdom will not kee ya.... Say Amen.

And.... Swear say you no go climb those roads after completion.

Agbegbaorogboye:
I see it's ok BAT to borrow for recurrent at long as there's an excuse while others who do it are damned

As I've said, a lot of you BATists had your hearts darkened by blind rage fuelled by fanatical ignorance when others were running govt such that same things you hold contemptible then now look novel and rational to you including even ridiculously routine things like debt servicing.

No, it's not okay for BAT or any of our leaders to borrow for recurrent expenditure, they must innovate and generate enough to cater for recurrent expenditure. It is of course understandable that PBAT borrowed last year for recurrent as the money was not initially captured in the budget/plan. It was a more than double increase and I believe you remember why.

Let's see. OBJ was a tyrant who wouldn't brook no opposition and rigged elections according to you. Tinubu on the other hand is a master strategist who sows discord among opposition to prevent them from being effective while hijacking INEC and the judiciary to carry out blatant rigging

I didn't say OBJ was a tyrant or rigged elections, except you don't understand the meaning of according to you. Lol, Tinubu's rigging is blatant but your preferred is according to me. Hypocrite.

Atiku was a looter who privatised govt assets for his friends and cronies while Tinubu is a financial genius who cornered Lagos tax for himself and his family and friends

I don't recollect mentioning Atiku in this conversation, it appears you're hallucinating. Atiku's boss and close people arrived at your conclusion. Speak with facts, not from what you heard from listening to your dad's conversations in the compound.

Jonathan is corrupt for spending humongous resources of Nigeria with almost nothing to show while Tinubu is brilliant by turning Lagos and now Nigeria to his piggy bank

GEJ was the one who said that stealing is not corruption, don't blame it on me.

Imagine dancing like urchins because someone completed loan payment of less than $2bn. Another man who paid $12bn in one fell swoop while working out debt forgiveness of $18bn in same country is your eternal enemy.

You guys were brainwashed and stewed in a pot of hate. That's why you guys can be willing tools for failed politicians to continue holding on to power using ethnoreligious tools

OBJ is not my eternal enemy, I guess you're mistaking me for someone else. Stop driving your imagination wild, I have not danced at all, only stated facts. Tinubu paid your debts.

There's money 💰 in Nigeria 🇳🇬 sha🤣. It's sad reality that youths are struggling despite being in a blessed country that has capacity to be globally powerful due to resources we got.