₦airaland Forum

Has Punch joined Sahara Reporters in business?

Maxymilliano:
https://punchng.com/fg-seeks-fresh-1-75bn-world-bank-loan/?fbclid=IwdGRleAMnP9ljbGNrAyc_2GV4dG4DYWVtAjExAAEeLg2yyRLod_FlSm_lZDq0o-Vj7Riioe994eeP6GwBC-TecPvOcTlgbg8LYlw_aem_P_3IGXGb37XbPuBFkML1YQ#google_vignette

come o, I thought you said Nigeria made its revenue target for this year in August, so what's all the borrowing for again?

onyxo76:
come o, I thought you said Nigeria made its revenge target for this year in August, so what's all the borrowing for again?

Ah….the perils of predictive text!

ariesbull:
I was thinking that our external reserves are so high...why the borrow?

Because lies can only run so far before truth catches up and overtakes it!

At this stage, it's evident that Tinubu can't be believed because more often than not, his public pronouncements and actions are becoming glaringly contradictory.

Just a couple of days ago, in a display of vainglory and empty chest-beating, he went about bluffing that Nigeria has met its economic targets even before the end of the financial year.

What a shamelessly blatant liar he's turning out to be!


It's similar to one who brags he owns a river, yet goes about begging for a cup of water in order not die of dehydration.

Credibility is an invaluable asset of a true leader!

Once a so-called leader can't be trusted, he loses credibility.

Tinubu already has the NASS securely wrapped under his armpit and so he does whatever catches his fancy.

Since the NASS has abdicated its primary function of oversight of the Executive, Tinubu is now running the country like a private enterprise of the Tinubu dynasty.

There's no visible separation of powers between the legislature and the executive as both arms of government operate a partnership for their selfish interests and not that of the Nigerian people.

Tinubu: are you truly an "urban bandit"?

If not, you better retrace your steps before you become a failure of unquantifiable proportion.




@hotseat

Bahamas95:
What are these people even using the loans for?.....Nawa o!

Them say make we hold governors accountable.

Rekeb:
The revenue target they achieved is for 2025. Please take your time to read or listen to the speech.

Would you only start looking for funding after the next year budget is ready? Dont you think it will be totally irresponsible of the government to do that. It is just 4 months until the end of the year.

is next years budget ready?

Yes or no

southsouthking:
Hahahahaha. For people that have met their Revenue target in August. 2 days after, extra Loan.
Akpabio please approve.

Our Presido go soon borrow from Opay and Okash.
Nigeria, the more you look, the less you see.

The Educational system of Nigeria has really failed. There’s a difference between foreign loan and Internal loan and the focus is different. Even the USA , China, UK you guys love to report Nigeria to, borrow foreign loans by far. And it’s for economic reasons.

With nothing positive to show for all the loans they keep heaping on our heads .... people are excited to give him another term as President. I always thought the Emperor's New Clothes was just a story .

Digging new bigger pits as smaller ones are filled up.

The relationship with this U.S. controlled financial institution and similar ones is never going to amount to anything good, nor lead to our development as a country.

If the U.S. seeks domination in all spheres (which it does), then it cannot be true that they are genuinely interested in our development. This leads me to question the intention of the so-called leaders of this country, who keep plunging it into a cycle of debt to our enemies.

What is the federal government using all these loans to do? They will just say the loans will be used to develop infrastructures across the country. Why not specify the infrastructures they want to develop?

But they just lied to one Nigerian that they have stabilized the zoo economy... Why borrowing again...

omoredia:
They are one and the same. No one is worse . Stop deceiving urself

if all of them are the same. Please, vote for Peter Obi in the 2027 presidential election. Let us confirm what you said.

IGBOPROMISE1:
Ah….the perils of predictive text!

As in, revenge target indeed!

Burkinafaso military head of state is using the revenue from their resources to continue building their country while Nigeria president is frequently taking loan to share amongst themselves.
Where is the oil revenue going?
Where is non oil sector revenue going?
Revenue from subsidy removal, where is it going?
Nigerian!!! Your collective wealth has been stolen from you all along.

LegacyB:
The Educational system of Nigeria has really failed. There’s a difference between foreign loan and Internal loan and the focus is different. Even the USA , China, UK you guys love to report Nigeria to, borrow foreign loans by far. And it’s for economic reasons.

What's your point son?

These guys are wickedly mean and evil.
Na loan loan this government just de show off this they assumed office

Elusive001:
They are not yet here to defend evil as usual.

They may be getting briefing on their WhatsApp group on how to spin this

Hahahahahahahah🤣🤣🤣

allthingsgood:
You guys don't understand debt
America is the greatest country in the world. America is 23trillion dollars indebted to China
You guys think governance is like selling akara.
Debt is a tool for growth, if used wisely

I quoted what BAT said that Nigeria doesn't need loan again having achieved stable economy

lexy2014:
is next years budget ready?

Yes or no

Meaningless question!!!

Rekeb:
Meaningless question!!!

are you saying that this comment that produced the question is meaningless?

Rekeb:
Yes, for next year's budget.

is next years budget ready?

Yes or no