₦airaland Forum

saintkel:
No no no....u guys should just let Tinubu do whatever he wants to do.....I just hope dis thing out politicians are doing, God will judge them all

Where was he when they were syphoning money to the north through Buhari government?

Is a bitter truth but sad reality.....the poor masses r not feeling the impact of this govt.

Please, where is Tinubu’s nairaland defensive midfielders?

Just watch for tomorrow's news Mr. Speaker would either claim he was quoted out of context or deny saying that. Then, you will know that the government Institutions may have warned him behind the scene.
Nigeria we hail thee.

SmartPolician:
The most annoying thing is that Buhari kept the subsidy because he made it clear that he didn't want poor Nigerians to suffer. But Escobar removed the subsidy and he's still borrowing like a man on a steroid.

victorazyvictor:
Where was he when they were syphoning money to the north through Buhari government?

He should be impeached. I agree with your question.

seunoyeleyep:
Sense is locating them. Tinubu has sunk this nation beyond redemption. He will tax you all to death to repay the loan is squandering.

Which sense? Are they not still in APC?

Kaa4:
Who approves the loans? Is it not you? That you have been bribed formally with a 114% rise in your pay, why the full salary of a man cannot buy a full bag of rice or 100 sandcrete blocks?

Bless you. He should keep quiet please.

The same thing whey Obi is emphasizing on and some gullible followers of incumbent government are throwing stones on him
The future of Nigerians has already been padded by Nigeria politicians
May JAH HELP US

chisomkachy:
https://dailytrust.com/breaking-nigerias-debt-alarming-we-must-reject-reckless-borrowing-speaker-abbas/

Peter obi has been shouting about this since but the ronus will always come like a mad dog to discredit his concerns now it is so glaring that even Abbas had to shout. Because of 20k some people sold their soul to the devil

Mr speaker this is what you should have said from the onset if truly you love this country.

It is stupidity to borrow for frivolities like owambe.

I was raised to be satisfied and make do with what I have

Honourable Abbas should leave that talk. Apc have not started. When Tinubu said it was his turn, what were you thinking?
EMILOKAN simply mean it's my turn to empty the Nigeria treasury. There is nothing you can do about it.
By the time Tinubu is through with his renew hope agenda, Nigeria debt profile will be hitting 500billion$.
We told you people,instead una pour spits into our faces. Had i know is the last comment of a fool.
The journey is still at infant stage.
It shall favour me and my family crew suddenly went extinct.
Good or bad, we all are feeling the heat.

We are waiting for him to retract the statement soonest , claiming he was quoted out of context

Nope! You and Godswill Akpabio should keep up with the "Ayes have it" You will go to jail for mortgaging this nation into chronic irredeemable financial indebtedness

Let’s see if CBN will report Abbas to ICC for presenting Nigeria in a bad light to the world like they reported sowore to Facebook

SmartPolician:
The most annoying thing is that Buhari kept the subsidy because he made it clear that he didn't want poor Nigerians to suffer. But Escobar removed the subsidy and he's still borrowing like a man on a steroid.

Tinubu does not care wether average Nigerians suffer or not.

As long as there is free cakes for him and his croonies to share amongst themselves.

victorazyvictor:
Where was he when they were syphoning money to the north through Buhari government?

Ok....let me assume after Tinubu, let's say Obi wins, we should also blame u guys if Obi is not doing it right?...by d way, who brought in Buhari?

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.
When the federal government takes external loans, they indirectly take money from the general Nigerian population through naira devaluation, multiple/increased taxation, and excessive inflation.

walahi this is the first time i dey hear this man dey speak

no be him 2 wives dey fight during the oath

Are they not the same people who have been approving this senseless and reckless borrowing? Piling debt for unborn Nigerians, who will grow up and see the leaders of their time, using money that would have been channelled into their education to service debts they had no hand in By then Tinubu and his accomplices must have been a history.

Mrfixitt:
Only a fool will support the wreckless borrowing by this regime.

But the foolish speaker had been the one approving the loans. Wasn't he?

But Mr speaker, you and Akpabio have been approving the loan requests now

I thought Tinubu said we were no longer owning

chisomkachy:
https://dailytrust.com/breaking-nigerias-debt-alarming-we-must-reject-reckless-borrowing-speaker-abbas/

I thought they have stopped borrowing and have paid off our debts.

Abi this man no current?

Which debt is he talking about?

Akpabio go deal with you for this comment just dey play ABBAS.

Is it because the expected share did not come again.

Terrible

prophetfire:
But the foolish speaker had been the one approving the loans. Wasn't he?

He can't stop the process even though he's the speaker. If majority of house members supports the approval, he can't do otherwise.

SmartPolician:
The most annoying thing is that Buhari kept the subsidy because he made it clear that he didn't want poor Nigerians to suffer. But Escobar removed the subsidy and he's still borrowing like a man on a steroid.

Part of the reason why we have high debts is because of that same subsidy being kept by buhari, and by those that came before him. Infact the cost of maintaing subsidy was debt servicing eating 97% of revenue by August 2022. Note the date.

I am not defending tinubu. I have supported subsidy removal since 2012. I was not a GEJ supporter too, but there are times when you have to put aside politics and try to understand why government is taking certain decisions

The problem with subsidy is you take increasing amounts from the budget to cover for it, as costs of production rises, and naira falls, in part because forex that could have buffered it is being spent on subsidy,..and the money has to be replaced...result, debt.

If you want to return to the point where almost all our revenue is being spent on subsidy for fuel, where we were having problems remitting dollars out for companies, and where debt increases even further...you are free to write your senator and house of reps member to agitate for subsidy.

Or you can sit down and try to understand why government has been calling for subsidy removal since 1987. Back then we called them names. Even as late as 2005, when they called for it, we abused them well well. Now we know better.

Government of goodies is why we are here.

saintkel:
Ok....let me assume after Tinubu, let's say Obi wins, we should also blame u guys if Obi is not doing it right?...by d way, who brought in Buhari?

Ogar, this is National Cake, when is your turn you eat. Nigeria and Africa is not ready yet.

If Obi should enter there tomorrow, I will urge him to do the same thing and heaven will not fall.

Off your mic 🎤 sir.Few days ago,the president said we don't need any loan that trump can go fxck himself.

Shebi they said we have not exceeded our borrowing threshold.
Tinubu should go ahead from where his clueless predicessor stopped.