₦airaland Forum

Borrowing money and doing bambiala all over the place...!

Those giving them this money can't be ignorant of the fact that they can never repay them...

I guess it's good business to keep ripping off the service interest every year till eternity.

You are borrowing to boost food security,why not open the borders since it’s obvious we are not self sufficient!

According to the statement, the $110m facility is designed to support Nigeria’s food production systems and build resilience amid persistent global supply challenges and domestic inflationary pressures.

“The JPY 15bn facility (approximately $110m) aims to support Nigeria’s food production systems and enhance resilience amid ongoing global supply challenges,” the ministry added.

See Giramaaaa(Grammar)...LOL.

Maxymilliano:
https://punchng.com/fg-seeks-%c2%a515bn-japanese-loan-to-boost-food-security/?fbclid=IwQ0xDSwKuTGRjbGNrAq5MX2V4dG4DYWVtAjExAAEevhfeDTt0WKGUrlau1ERbzNSc5W7SXd25yQ66e2nxG2qh-SaOBM3FsB0lwvA_aem_fUoDMFTzN9hHgdkpOTRAsw

na japan dem face now

ministry of agriculture budgeted 200million to train girls in hairdressing amongst other inanities

but they want to collect loan for food security

christejames:
😂 You claim to have cleared the IMF debt of the west only to open the borrowing windows of the east?





Only an Agbado govt does that... Govt that can't create or manage assets. We are not even talking about the money accrued from the said subsidy yet...

they can only deceive foools and idiotic agbadorianzombies.

Which kind thing is all these?

christejames:
Everything is smart as far as your 20k allowance is in the loan 😂

😭😭😭😭😭😭

SoftSport:
This is a smart plan to help farmers and bring more food and thanks to president Tinubu for working to get this loan.

..let the federal government use the money to buy tractors, irrigation equipments, fertilizers, seedlings for farmers for farming to increase food production

ZombieDredd:
na japan dem face now

ministry of agriculture budgeted 200million to train girls in hairdressing amongst other inanities

but they want to collect loan for food security

. wetin concern agriculture with hairdressing ?

Thieves. Tinubu is a crook.

ufotunang:
. wetin concern agriculture with hairdressing ?

that question na dem go answer oo

SoftSport:
This is a smart plan to help farmers and bring more food and thanks to president Tinubu for working to get this loan.

Anything for 30k stipend.

You guys have no intention of boosting any food security; it's all a lie! The money,as usual, will be shared among the polithiefians while the masses continue to wallow in hunger and abject poverty!

SoftSport:
It’s funny how every good move Tinubu makes suddenly becomes 'a scam' to some people, especially from that one tribe that’s been bitter since their favorite didn’t win. It’s like they’re praying for failure just to say 'I told you so,' even if it means the country burns. Sorry, but leadership isn’t based on emotions or ethnic bias it’s about results. And whether you like it or not, the man is making moves.

Tank God u said leadership is about results. It's been over 2yrs now and we yet to get results. Wat do u have to say to that?

ufotunang:
..let the federal government use the money to buy tractors, irrigation equipments, fertilizers, seedlings for farmers for farming to increase food production

and also buy them guns to protect them from herdsmen

bigpicture001:
Haaa! Them don enter Japan loan..? Never heard of Japan laon before oooo

Small time we go enter Singapore loan

Our government will still borrow from Syrian government

SoftSport:
This is a smart plan to help farmers and bring more food and thanks to president Tinubu for working to get this loan.

SMH

it's a pity for Nigerian youths

When will Nigeria start borrowing other countries money!

SoftSport:
This is a smart plan to help farmers and bring more food and thanks to president Tinubu for working to get this loan.

It seems you have to have your conscience dead to be an apc supporter

ufotunang:
..let the federal government use the money to buy tractors, irrigation equipments, fertilizers, seedlings for farmers for farming to increase food production

Money they will loot again. Are u a newbie

The useless govt of self serving crooks and insatiable criminals is at it again 👎👎👎👎👎

# borrow and LOOT 💯💯💯💯

SoftSport:
It’s funny how every good move Tinubu makes suddenly becomes 'a scam' to some people, especially from that one tribe that’s been bitter since their favorite didn’t win. It’s like they’re praying for failure just to say 'I told you so,' even if it means the country burns. Sorry, but leadership isn’t based on emotions or ethnic bias it’s about results. And whether you like it or not, the man is making moves.

how has tinubu shown leadership and not emotions in successfully tackling corruption, nepotism, cronyism, hunger, unemployment, hardship, poverty, inflation, wasteful government spending, budget padding, insecurity, bad governance, failing public infrastructure, poor medial services and falling standard of education?

is it people praying for failure just to say 'I told you so' that is responsible for tinubu failing in governance?

The Federal Government’s renewed push for yet another foreign loan—this time ¥15bn from Japan for food security—highlights a troubling pattern of borrowing without clear, measurable outcomes. Despite already owing JICA over \$53 million, the government seeks to triple that debt, even as past interventions have failed to significantly curb food inflation or improve local production.

What’s more concerning is the timing—asking for \$110 million more while requesting an additional \$21.5 billion in external borrowing—suggests a reliance on debt as a default solution rather than investing in long-term, sustainable agricultural reforms. The urgency for this loan, despite the rainy season already being underway, points to poor planning and delayed action.

Nigerians deserve transparent, results-driven governance—not endless borrowing that future generations will be left to repay.

From Japan?.... where next? Togo?

Maxymilliano:
Tinubu removed subsidy to stop borrowing loans and save money for infrastructure development and food security, now he's borrowing loans to cushion the effects of subsidy removal

welcum to Nigeria bro, a nation parrel to logical sense

These people no get shame o

The future of the upcoming generation is mortgaged in loans borrowed by a government who do not have the interest of the citizens at heart yet, the citizens fight themselves over the same government all for trivial reasons. Aren't we worse than Esau in the pottage for birthright story?

You must be very naive for this comment. get rid of insecurity and allow farmers return to farms and foods will be surplus in less than 6 months. these criminals are borrowing to loot into personal coffer and you are here deluding yourself with empty stomach

SoftSport:
This is a smart plan to help farmers and bring more food and thanks to president Tinubu for working to get this loan.

Borrow Borrow