₦airaland Forum

ArcSEMPECJ:
Hahahahahahahaha..... ...

Where are the AFC key pad warriors

Helinus has gone for re- programing, his chips were found to be corrupt by AFC online programmers....

Hahahahahahahahahahahahah, my Belle o!

Putinofrussia:
You already know that you can't rule out corruption totally but this govt,the way I see it since its inception till date,[b]might be the lowest in corruptio[/b]n if they continue in this trajectory.
I say this because of the enormity of the legacy projects,the NELFUND,tuition free with free feeding FG technical colleges and so on.
The only problem is the hardship that has not eased the way we want.

But you also know that we can only judge this when they leave power

Money they plan to take directly from. Your bank account.

Moveittothem:
Keep borrowing to embezzle the majority of it.

Later you will say you want to start income tax.

If what you people steal from Nigeria's treasurey is not enough for you guys, don't dare take money from me in the name of income tax in order to pay back the loans you embezzled.

It won't be funny oh

oche2020:
Always approving loan what about the subsidy money? It's well not enough words

what about the IGR that they said they have over achieved, you can see this people are the worst people to be in power, they lie with everything and their performance is very poor

Another big loan on the books 💸

AqualinaXYZ:
These are the issues



When we complain they call us names



Tinubu came with I already have money I don’t need Nigeria money



An urban bandit like El Rufai called him



I no blame am shaa

Duh, they already approved the main plan; this approval is part of a whole. This is just about 10%. Get ready to wail every single time they come for a part.
In July, the Senate approved the 2025-2026 external borrowing plan of $21.5 billion presented by President Tinubu for consideration.

Putinofrussia:
All the loans are under the $21.5 billion MTEF that was approved by NASS earlier this year
It is going to be taken until the loans reach $21.5 billion by 2026 and beyond .The loans belong to FG,States and LG.
States and LG loans are channelled through the FG.Lenders don't loan them directly but through the FG that they can hold responsible.
The approved package is more complex than a single $21.5 billion loan and includes several components:
External Loans: $21.19 billion in direct foreign loans, €4 billion, and ¥15 billion. The loans are expected to be disbursed over a six-year period from international lenders, including the World Bank, African Development Bank, and China Development Bank.

Domestic Instruments: Up to $2 billion to be raised in the domestic market using a foreign-currency-denominated instrument.
Domestic Bonds: Approximately ₦757 billion in government bonds to settle outstanding pension liabilities under the Contributory Pension Scheme.
Grant: A $65 million grant.
Allocation of funds
The loan is earmarked for projects across various critical sectors in Nigeria:
Infrastructure: Including the Lagos-Calabar Coastal Highway and the reconstruction of the Eastern rail line from Port Harcourt to Maiduguri.

Human Capital Development: Allocations for health, education, and social safety net programs.
Security, Agriculture, Power, and Housing.
Pension Obligations: A portion is designated for clearing pension arrears.

If we were in a classroom or four walls of University i would have clapped for you

All these means nothing where our notorious politicial exist,.... huge sum of that loan will be looted, shared and embezzled ... that's the conclusion paragraph missing in your lecture

Then don chop clean mouth and use flangelo12 thumb print collect gbese

Justiceleague1:
Then don chop clean mouth and use flangelo12 thumb print collect gbese

I dey collect my 5%.

About that withholding tax next year, the govt better give us credit cards… or better still direct international credits to the people.

chidiokay:
If we were in a classroom or four walls of University i would have clapped for you

All these means nothing where our notorious politicial exist,.... huge sum of that loan will be looted, shared and embezzled ... that's the conclusion paragraph missing in your lecture

That is everybody's fear but we hope it is not so.We shall know if their projects are abandoned just like previous govts.

Developed nations borrow so a third world country like Nigeria isn't exempted but the problem persist still, to what end is all this loans and of what use can the commoners say about it.

Flangelo12:
I dey collect my 5%.

5% of -0.00000000 🤣🤣🤣🤣🤣🤣🤣🤣

Justiceleague1:
5% of -0.00000000 🤣🤣🤣🤣🤣🤣🤣🤣

Would be exactly what you have.

SpatialKing:
Borrow more and more
Tax more and more

Than waste more and more

They said that they now produce the highest quality of daily crude oil production.

They removed subsidy and said that there is more money

They increased levies, tarrifs, taxes, etc

They borrow recklessly

Elusive001:

And yet APC bots frothing at the mouth post that Peter Obi is a chronic liar!

Flangelo12:
Would be exactly what you have.

Dem don clean mouth oooo

Why the borrowing when FG removed fuel subsidy?

Druss:
And yet APC bots frothing at the mouth post that Peter Obi is a chronic liar!

They hate Peter Obi because they always wish that tulubu has the character, moral, values, ethics, etc of Peter Obi. Sit back and imagine for a second if Peter Obi has Tulubu’s character, morals, values, ethics, integrity, etc, while Peter Obi has his? The whole world will not hear. They will be running naked on all streets on earth. They will bow and worship him.

If only you know how the real results of 2023 crushed their ego, pride, etc.

Late buhari was paying subsidy and was also borrowing, Tinubu have stop paying subsidy yet he is even borrowing more than Buhari, please APC laptop boys should explain this to me.

Putinofrussia:
That is everybody's fear but we hope it is not so.We shall know if their projects are abandoned just like previous govts.

its like putting chicken in front of a wayward dog and expect it not to devour the chicken

Bro the loans will be looted, highest they will tell us "conditional cash transfer" for made to 100millions Nigerians, inside that 100million nobody on social will know one person that benefited

2027 is close, by now our politicians are already stashing up funds, loots and whatever they can steal ahead to run campaign

Just kuku kill us, anyways we warned about this evil aforehand......now even the future has been mortgaged on the alter of loans to continue to support the feeding frenzy of the political elite....,.Kundus to the rubber legislature for doing the usual and predictable

bigpicture001:
We can... Just look at Madagascar and say there is nothing u can again..?

There's nothing we can do, until we cure the country of ethnicity. Tha
T shd take like 200 years. So there's no hope in sight.

$2bn dollars is about two trillion ,one hundred and sixty billion ,six hundred million naira.
When sanusi was cbn governor he alerted the nation that nnpc can't account for $25bñ.
Another report recently showed nnpc hasn't remitted billions of dollars into the federation account .
The summary is there are people who are using the country money to loan her back .
How daft can people be .

ArcSEMPECJ:
Hahahahahahahaha..... ...

Where are the AFC key pad warriors

Helinus has gone for re- programing, his chips were found to be corrupt by AFC online programmers....

Why are you wicked?

Them don borrow with our children's future just to maintain their own lifestyles.

They never reject

WhizdomXX:
Why are you wicked?

But na true nah..... immediately he regained his senses, started attacking his programmers, they locked him up , his chips are corrupt....
They may bring him back with a different monicker name or abandon him...