₦airaland Forum

Last last the essence of the strategic alliance is to borrow loan from Japan

All foreign loans should stop.
It appears as if there are a few people in the federal government, and the lending institutions who get commissions from these loans.
In this report, the lending institutions are the Japan International Cooperation Agency (JICA) and the World Bank.
When the federal government takes external loans, they indirectly take money from the general Nigerian population through naira devaluation, and excessive inflation.

InfoGuru118:
https://news360ng.com/fg-set-to-borrow-238m-from-japan-for-power-grid-expansion/

All these countries lending money to Nigeria govt should know that those public office holders won’t execute the project with the loan amount, instead they should build the infrastructure and take over it for period of time and get back their money

Any time you see them getting busy and serious with those foreign meetings, know that the real intension is to collect loans that would end up in their personal and family bank accounts.

In 2022, $200 million loan was collected from the same Japan for the same power sector. What did they do with the money?

When will all these loan benefits a common man?

The poor men are dying silently, do something quick that will benefit common man stop being too greedy, selfish and self centered.

The politicians are not feeling the hash economy, millions of innocent Nigerians are dying of hunger everyday because of you people

Believeintruth:
Helinues, FreeStuffsNG please can you come and clarify this.

They will definitely keep mute on this thread

helinues:
Did you elect me into any political position? What do you need my validation/authentication for about your opinion?

ok tell us what they using subsidy money for pls.

Abeg, how many billion do we have in the foreign reserves again?

princeade86:
ok tell us what they using subsidy money for pls.

No money have been saved from the subsidy. Can you now rest

It's becoming too much. It's obvious that this people are wicked and heartless. Nigerians should wake up

What is wrong with this country? Why this incessant need to beg for money everywhere?

You have more natural resources than some of these countries you're always begging from. Wth

Shame ooooooooooooooo Shame ooooooooooooooo Shame ooooooooooooooo Shame ooooooooooooooo Shame ooooooooooooooo Shame ooooooooooooooo

Nigeria is just a failed state. Since 1960 we got independence, till date no place in Nigeria can boast of 24 hours constantly power supply. In this 21th century we are talking about borrowing money to fix power supply.

Can't PBAT think outside the box and look inward. From the very first day of his tenure, borrowing has been the order of the day. Borrowing for everything, Is this how he wants the "Poor to Breathe"

The frog eye used almost half of that money to buy a second hand jet

If Nigerian allowed this man to come back in 2027 ,more issues to come

Ride on Baba Balablu and the 40 thieves. Na una time to steal

Chetas81:
If Nigerian allowed this man to come back in 2027 ,more issues to come

Unfortunately, a disunited opposition fueled by the gullibility of Obidients would allow him come back. Mark my words.

Always begging

helinues:
No money have been saved from the subsidy. Can you now rest

so they making masses suffering for nothing

InfoGuru118:
https://news360ng.com/fg-set-to-borrow-238m-from-japan-for-power-grid-expansion/

So na Money this TIFnubu go beg for Japan 😀😀😀.

No wonder nobody been dey their exhibition stand.

I knew it, any visits out of Nigeria by Ajala is either to secure loan or recharge batteries; expect the Brazil loan-drive outcome soon
Kundus to the FG, our foreseeable future has been mortgaged

Na Japan this time around, shameless people. You continue borrowing why you loot for your future generation

Baba wa we (Nigerians ) are available for sale sir.

Governments of borrowing left and right!!!!!!.....

Must you go to any international summit with the mindset of borrowing and putting your burden on our foreign counterparts?

But Agbadorian zombies will not allow us to rest now to defend their tormentor that's paying them tokens.

InfoGuru118:
https://news360ng.com/fg-set-to-borrow-238m-from-japan-for-power-grid-expansion/

But Tinubu ,wife ,son and entire family can loan Nigeria this Money nah... For the expansion of National electric grid...

Why visit japan again?

Una set trillions of Naira on coastal highway...

Why not prioritize National electric grid first...?

Suddenly you care about the epilepsy power supply... When citizens are already going Solar powered homes...