₦airaland Forum

Which other debt again, I thought they said they have paid all the debt that it's even them that are owning Nigeria



I just dey laugh Tulumbu Tulumbu 🤣

Putindbutt:
For agenda to agend, the election losers will quickly convert the loans to naira to make it look big as if it was collected and will be paid in naira

Even in foreign currencies, is it still small?!!

Is Naira no longer our currency or do we largely generate income in Dollars?!!

Brendaniel:
Someone who supported another person to wreck a country for 8 years so that he can come and rule the same country most likely doesn't have good plans for that country

it is simple logic but of course to some people tribalism and religious dominance is more important than logic and progress

Let me not talk before the Ororiburukutu APC mod assigned like a monitoring spirit on my profile will will ban me again...

But to say the least before I get banned ....this is the summary of the situation of Nigeria from( 2015-2025) APC grabbed, stole and ran with Power.... 😂 😂 😂....

Hope I didn't talk much mods??!

Am I banned ? Somebody help me check pls....

Why supporting bad thing, do you support the loan?

quote author=Putindbutt post=135537123]For agenda to agend, the election losers will quickly convert the loans to naira to make it look big as if it was collected and will be paid in naira [/quote]

Putindbutt:
Pls stop quoting me, allow people who go to school quote me.

But your comment didn't sound like the people you want it to attract shaaa....

KillahPriest:
I paid off $3.4 billion loan, and I want to borrow a new loan of $21.5 billion.

Please, who am I?

You are a drug merchandise possibly a baron in the game....

Mods abeg, I didn't talk much ooh...

When y'all heard "emilokan" what went through ur minds?

I tire oo. Deceiving agbadorians

uote author=csamii post=135539319]I been thinking say Baba Chicago don clear debt!? Which one be 180trillion again.

Thief wey be president![/quote]

Omooba77:
https://www.vanguardngr.com/2025/05/nigerias-debt-heads-for-n180trn-as-tinubu-seeks-n34trn-new-loans/

You pay $3.4B COVID loan, now you're borrowing $21B loan.

Who are we fooling

KillahPriest:
I paid off $3.4 billion loan, and I want to borrow a new loan of $21.5 billion.

Please, who am I?

Lawrence Anini in making

Putindbutt:
For agenda to agend, the election losers will quickly convert the loans to naira to make it look big as if it was collected and will be paid in naira

Is everything about winning or losing elections? The value remains the value whether in naira or dollars. They call you people agbadorians yet not still learning.

iwaeda:
Nothing is working under Tinubu.

Something is working under ebilokan o. It’s called propaganda lies of making believable promises to excite the dogmatic agberos who suffer the most consequences.

ManirBK:
Aug 28, 2023
The Federal Government says it has no intention to borrow from any local or foreign organisation with its removal of subsidy on petrol and exchange rate harmonisation.

The Minister of Finance and Coordinating Minister for the Economy, Chief Wale Edun, revealed this at the end of the inaugural Federal Executive Council meeting on Monday in Abuja.

He said that the benefit of the subsidy removal would be ploughed back into various sectors aimed at boosting government revenue and improving the business environment for local and foreign investment.

Edun said that with the increased revenue from subsidy removal, various palliatives have been made available to cushion its effect on a short, medium and long-term basis.

He reiterated the President Bola Tinubu-led administration’s desire to bring back the economy from the wood it has found itself over time.

https://www.vanguardngr.com/2023/08/fg-ends-borrowing-finance-minister/amp/

Omooba77:
https://www.vanguardngr.com/2025/05/nigerias-debt-heads-for-n180trn-as-tinubu-seeks-n34trn-new-loans/

I don't blame him on this pension liabilities issue, because the past government took all their savings and the projects cant be seen.

Plunging the country's generations unborn into further debt... Why was the fuel subsidy removed?

Factcheck0001:
Illiteracy and hate for government will kill Nigeria faster than anything, even when this same news have been debunked by many including Reno omokri and records have been set straight the mods still move this to front page.

For those people who couldn't have access to the verified news, I bring it here for Una

"[b]President Bola Tinubu Is Not Borrowing $21 Billion

Dear Citizens of the Federal Republic of Nigeria,

Please let us respond to facts, not fake news or innuendo. Download the Federal Government's Medium-Term Expenditure Framework (MTEF) and read it yourself.

President Bola Tinubu is not about to borrow $21 Billion. The MTEF contains the borrowing plan for both the Federal and State Governments for the next three years.

In other words, the $21 billion is what the Federal Government and the 36 states can borrow over the next three years. Not they will borrow. What they can borrow. They are not even likely to take those loans. It is just a framework for what is possible.

For example, while the MTEF provides for extensive borrowings in 2025, only $1.23 billion will be borrowed externally. And that $1.23 billion will be borrowed by both the Federal and state governments from all geopolitical zones.

The MTEF only shows possible borrowing that Nigeria is entitled to based on agreements with our external borrowing partners, which must be in line with both the Fiscal Responsibility Act 2007
and the Debt Management Office. (Establishment) Act 2003.

And the Borrowing Rolling Plan ties such possible borrowings by the Federal and State Governments to specific projects.

For actual borrowings, Nigerians should look at the budgets of both the Federal and State Governments.

Therefore, the sensational headlines proclaiming that President Tinubu is to borrow $21 billion are both fake and alarmist.

Again, I urge Nigerians to read the MTEF and the 2025 Appropriation Act.

President Bola Tinubu is a First-Class Cum Laude accountant adept at securing finances at the best rates from the most suitable lenders and for the right purposes.

Under such a skilled professional hand, Nigerians can expect their national debt to reduce, not increase.

Finally, Nigerians should note that many opposition media and influencers know that many of our people sadly do not read and are, therefore, susceptible to manipulation via misinformation and propaganda.

Thus, I urge the public to read as much as possible and verify from official sources before they make conclusions based on sensational headlines.

Reno Omokri

[/b]

I pity who no pity, while Omokri disinforming public for goodies goodies is getting from the govt, for you, you are suffering and smiling from wicked govt.

Yet the 3 national daily below, take cognisance of Tribune.... paragraph 2 and 3.

Tunibu insisted that subsidy must be gone for Nigeria to avoid going bankrupt. Now he is hell bent on bankrupting Nigeria with ton of debt. Hypocrisy of Tunibu is like no other.

KillahPriest:
I paid off $3.4 billion loan, and I want to borrow a new loan of $21.5 billion.

Please, who am I?

You are the uncompareble grand commander borrow borrow make me rich Ebola Ahmedabad Tinubu

Don’t mind them. Nigeria is not owing again, PBAT has paid all our debts. Wailers can go ahead and wail. Even hunger has reduced. Food full everywhere now in d country. PBAT till 2031.

Putindbutt:
For agenda to agend, the election losers will quickly convert the loans to naira to make it look big as if it was collected and will be paid in naira

Fiscus105:
I pity who no pity, while Omokri disinforming public for goodies goodies is getting from the govt, for you, you are suffering and smiling from wicked govt.

Yet the 3 national daily below, take cognisance of Tribune.... paragraph 2 and 3.

You have eyes but can't read, have brain but can't comprehend. This is a borrowing plan for both federal and state governments in the MTEF for two years. Not all might be borrowed, it is just a framework. In recent development where states are borrowing less and repaying their debts, it is necessary to put a cap on the borrowing framework.
Una mind is only set to trigger negative alarms, misinterprete facts and spread falsehoods and that's what bitterness and election loss have done to you guys.
You guys are not the first people to lose an election in this country, those who lost in the past did not behave like that was the end of their lives.

In summary, everyone is owning 900k plus the one wey people dey own individually

The borrowing was to be expected, especially since the benchmark for the budget was an oil price of 75 dollars per barrel, menahwile oil has fallen to below 60 dollars per barrel this year, and may fall even further.

The only way to dig oneself out of a fiscal issue is raising revenue from taxes, but that is unpopular, even with agbadorians.

SO, loan taking

There is of course one good solution...manufactured goods and services.

Someone said, 'borrowing could be fruitful if tied to reforms, projects....',

Can you imagine this....in a country with more than a dozen pending cases of corruption each comfortably worth over thirty billion.

What do Nigerians expect to happen. Why do they think there is no money in the economy for this and that if not that all have been stolen or wasted.

If that individual was the creditor, will he lend to Nigeria plc.

Putindbutt:
For agenda to agend, the election losers will quickly convert the loans to naira to make it look big as if it was collected and will be paid in naira

Are you saying $28bn is not big?

Thank God say they no mention Nigerians nah Nigeria Dem mention meanwhile yarimo,, hellinus,, Madridguy and Reno omokiri left the comments section here

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President Bola Tinubu Is Not Borrowing $21 Billion

Dear Citizens of the Federal Republic of Nigeria,

Please let us respond to facts, not fake news or innuendo. Download the Federal Government's Medium-Term Expenditure Framework (MTEF) and read it yourself.

President Bola Tinubu is not about to borrow $21 Billion. The MTEF contains the borrowing plan for both the Federal and State Governments for the next three years.

In other words, the $21 billion is what the Federal Government and the 36 states can borrow over the next three years. Not they will borrow. What they can borrow. They are not even likely to take those loans. It is just a framework for what is possible.

For example, while the MTEF provides for extensive borrowings in 2025, only $1.23 billion will be borrowed externally. And that $1.23 billion will be borrowed by both the Federal and state governments from all geopolitical zones.

The MTEF only shows possible borrowing that Nigeria is entitled to based on agreements with our external borrowing partners, which must be in line with both the Fiscal Responsibility Act 2007
and the Debt Management Office. (Establishment) Act 2003.

And the Borrowing Rolling Plan ties such possible borrowings by the Federal and State Governments to specific projects.

For actual borrowings, Nigerians should look at the budgets of both the Federal and State Governments.

Therefore, the sensational headlines proclaiming that President Tinubu is to borrow $21 billion are both fake and alarmist.

Again, I urge Nigerians to read the MTEF and the 2025 Appropriation Act.

President Bola Tinubu is a First-Class Cum Laude accountant adept at securing finances at the best rates from the most suitable lenders and for the right purposes.

Under such a skilled professional hand, Nigerians can expect their national debt to reduce, not increase.

Finally, Nigerians should note that many opposition media and influencers know that many of our people sadly do not read and are, therefore, susceptible to manipulation via misinformation and propaganda.

Thus, I urge the public to read as much as possible and verify from official sources before they make conclusions based on sensational headlines.

Reno Omokri

Brendaniel:
Someone who supported another person to wreck a country for 8 years so that he can come and rule the same country most likely doesn't have good plans for that country

it is simple logic but of course to some people tribalism and religious dominance is more important than logic and progress

Succinct.

President Bola Tinubu Is Not Borrowing $21 Billion

Dear Citizens of the Federal Republic of Nigeria,

Please let us respond to facts, not fake news or innuendo. Download the Federal Government's Medium-Term Expenditure Framework (MTEF) and read it yourself.

President Bola Tinubu is not about to borrow $21 Billion. The MTEF contains the borrowing plan for both the Federal and State Governments for the next three years.



In other words, the $21 billion is what the Federal Government and the 36 states can borrow over the next three years. Not they will borrow. What they can borrow. They are not even likely to take those loans. It is just a framework for what is possible.

For example, while the MTEF provides for extensive borrowings in 2025, only $1.23 billion will be borrowed externally. And that $1.23 billion will be borrowed by both the Federal and state governments from all geopolitical zones.

The MTEF only shows possible borrowing that Nigeria is entitled to based on agreements with our external borrowing partners, which must be in line with both the Fiscal Responsibility Act 2007
and the Debt Management Office. (Establishment) Act 2003.


And the Borrowing Rolling Plan ties such possible borrowings by the Federal and State Governments to specific projects.

For actual borrowings, Nigerians should look at the budgets of both the Federal and State Governments.

Therefore, the sensational headlines proclaiming that President Tinubu is to borrow $21 billion are both fake and alarmist.

Again, I urge Nigerians to read the MTEF and the 2025 Appropriation Act.

President Bola Tinubu is a First-Class Cum Laude accountant adept at securing finances at the best rates from the most suitable lenders and for the right purposes.

Under such a skilled professional hand, Nigerians can expect their national debt to reduce, not increase.

Finally, Nigerians should note that many opposition media and influencers know that many of our people sadly do not read and are, therefore, susceptible to manipulation via misinformation and propaganda.

Thus, I urge the public to read as much as possible and verify from official sources before they make conclusions based on sensational headlines.

Reno Omokri