Tinubu Seeks Senate Approval To Borrow $6 Billion - Politics

Tinubu Seeks Senate Approval To Borrow $6 Billion - Politics - Nairaland

Nairaland Forum › Nairaland General › Politics › Tinubu Seeks Senate Approval To Borrow $6 Billion (12424 Views)

Tinubu Seeks Senate Approval To Borrow $6 Billion by fergie001(mod): 2:42pm On Mar 31

President Bola Ahmed Tinubu has formally written to the Senate seeking approval to borrow $6 billion in external loans to support key government projects and address budgetary needs.

The request, presented in a letter to Senate President Godswill Akpabio and read during plenary, outlines plans to secure funding for critical national development priorities.

Reports indicate that part of the proposed borrowing includes a $5 billion facility, alongside other funding arrangements aimed at boosting infrastructure and economic activities.

The move is expected to spark conversations around Nigeria’s rising debt profile, as lawmakers deliberate on the request in the coming days.

https://www.facebook.com/share/p/1DVPxZgW5F/

6 Likes 2 Shares

Re: Tinubu Seeks Senate Approval To Borrow $6 Billion by VOsimhen144(m): 2:44pm On Mar 31

Tinupoo is just after the bag.

Whether Nigerians dey kpai no concern am, His concern and focus is 2027 election.

104 Likes

Re: Tinubu Seeks Senate Approval To Borrow $6 Billion by Bentacur007: 2:50pm On Mar 31

He is trying very hard to rig this election..
This is for massive rigging.
People are dying in plateau but he doesn’t care

119 Likes

Re: Tinubu Seeks Senate Approval To Borrow $6 Billion by helinues: 2:50pm On Mar 31

Borrowing is not the issue, what they are doing with the funds is what we have issue with

126 Likes 3 Shares

Re: Tinubu Seeks Senate Approval To Borrow $6 Billion by VOsimhen144(m): 2:51pm On Mar 31*

Carry on sir
Nothing do you sir
Our presidoo!

Me and over 199 million Nigerians are happy with your government sir.

Please borrow more money sir, there’s no need to give accountability becus we trust ur government sir.

3 gbosa for Tinubu
Gbosa!
Gbosa!
Gbosa!

50 Likes 1 Share

Re: Tinubu Seeks Senate Approval To Borrow $6 Billion by VOsimhen144(m): 3:03pm On Mar 31*

helinues:
Borrowing is not the issue, what they are doing with the funds is what we have issue with

na u talk this thing?
Abi your account has been hacked?

No worry, Una go cry, this is just the beginning

59 Likes

Re: Tinubu Seeks Senate Approval To Borrow $6 Billion by helinues: 3:06pm On Mar 31

VOsimhen144:
na u dey talk this one?
Abi your account has been hacked?

No worry, Una go cry, this is just the beginning

My account must have been hacked as you lots believe we play petty politics like una
eish

Only if you people have the courage to condemn what you support

97 Likes 1 Share

Re: Tinubu Seeks Senate Approval To Borrow $6 Billion by Fiscus105(m): 3:22pm On Mar 31*

Yet these set of people(APC), since days of Buhari, saying Jonathan mismanaged economy.

Yet some educated youth still singing on your mandate.

Yet masses that suffering still arguing and fighting for Tinubu to continue.

Indeed, citizens deserve what they subjected them to.

36 Likes

Re: Tinubu Seeks Senate Approval To Borrow $6 Billion by NairalandBishop(m): 3:23pm On Mar 31

On his bloody mandate they will stand.

Nothing to show with all the borrowing aside backwardness

26 Likes

Re: Tinubu Seeks Senate Approval To Borrow $6 Billion by GboyegaD(m): 3:23pm On Mar 31

helinues:
My account must have been hacked as you lots believe we play petty politics like una
eish

Only if you people have the courage to condemn what you support

If that initial statement of yours isn't petty politics, nothing else qualifies as petty politics.

18 Likes

Re: Tinubu Seeks Senate Approval To Borrow $6 Billion by Tammy2705: 3:23pm On Mar 31

borrowing to rig election and just like his predecessor Buhari, this apc government is a Curse to Nigerians, may God deliver us

33 Likes

Re: Tinubu Seeks Senate Approval To Borrow $6 Billion by angelboy01(m): 3:24pm On Mar 31

Abeg who dey even borrow us this money? I know understand how senate will approve then next thing dem don borrow us the money.

10 Likes

Re: Tinubu Seeks Senate Approval To Borrow $6 Billion by 12345baba(m): 3:24pm On Mar 31

Hahahaha, Yoruba man. Hahahaha

10 Likes

Re: Tinubu Seeks Senate Approval To Borrow $6 Billion by phransix2: 3:24pm On Mar 31

The lifestyle cost na we no just know...
Ride on... Borrow our destiny away...
Only you commit subsidy on Petrol and Electricity na still you borrow pass the past governments combine...

15 Likes

Re: Tinubu Seeks Senate Approval To Borrow $6 Billion by kullozone(m): 3:24pm On Mar 31

Carry go jagaban, nothing do you... Collect it we will pay from our pockets

2 Likes

Re: Tinubu Seeks Senate Approval To Borrow $6 Billion by Nwaokunkpara: 3:24pm On Mar 31

Omo the best thing you can do for your born or unborn generations is to leave this country

16 Likes

Re: Tinubu Seeks Senate Approval To Borrow $6 Billion by nairalanda1(m): 3:24pm On Mar 31*

Yep, as expected from the government and the party that promised diversification but did not deliver diversification.

Plus, for those asking for oil windfall, remember that 80% of our revenue comes from oil. Government revenue. Remember also tha toil prices until this last month have been low, and most of the windfall is going to pay the resulting debt.

SO, we got to face reality, fight corruption, actually fight it, tax more of the gdp and also...also, diversify the economy and make it an economy reliant on manufactured goods and services.

Obon oju nker apparently thinks that the above comment means I support APC

So I support a party that I just said failed to diversify the economy among other things and still hasnt fought corruption.

Okay.

93 Likes

Re: Tinubu Seeks Senate Approval To Borrow $6 Billion by BlocksNG(m): 3:25pm On Mar 31

where is the money saved from subsidy?

15 Likes

Re: Tinubu Seeks Senate Approval To Borrow $6 Billion by Dokitto001: 3:25pm On Mar 31

And he'll get it.
Sell 9ja and give me my share now.

3 Likes

Re: Tinubu Seeks Senate Approval To Borrow $6 Billion by kingsways: 3:25pm On Mar 31

Can someone explain to me how that a government that is not paying subsidy is borrowing far far more that previous governments that paid subsidy

21 Likes

Re: Tinubu Seeks Senate Approval To Borrow $6 Billion by Softmen: 3:26pm On Mar 31

He has always been borrowing international funds since he assumed office. asiwaju bola Ahmed tinubu is a failure take it or leave it

9 Likes

Re: Tinubu Seeks Senate Approval To Borrow $6 Billion by Reloadedisraelp: 3:26pm On Mar 31

They should sale this country..

5 Likes

Re: Tinubu Seeks Senate Approval To Borrow $6 Billion by Mnewton(m): 3:26pm On Mar 31

Election rigging loan, 😂😂😂😂

How do we solve this problem like this?

5 Likes

Re: Tinubu Seeks Senate Approval To Borrow $6 Billion by Koolmexxi(m): 3:26pm On Mar 31

What's the UK trip funfair about when we are borrowing to pay them for it

4 Likes

Re: Tinubu Seeks Senate Approval To Borrow $6 Billion by Princedapace(m): 3:26pm On Mar 31

This man is annoying me.
He will come out and claim more money for governors but he has no corruption tackling blue print. He cant even fight these guys as he needs them for election. Una just dey borrow money, to tax me over 35 percent, right? Okay, govt vs citizens court case go plenty

5 Likes

Re: Tinubu Seeks Senate Approval To Borrow $6 Billion by DeepSight(m): 3:27pm On Mar 31

Election Money

xxxxxxxxxxxxxxxxxxxxx

6 Likes

Re: Tinubu Seeks Senate Approval To Borrow $6 Billion by ZombieTERROR: 3:28pm On Mar 31

If we don't end Tinubu presidency

Tinubu presidency will end Nigeria

This man is a failure

15 Likes

Re: Tinubu Seeks Senate Approval To Borrow $6 Billion by obataokenwa(m): 3:28pm On Mar 31

The only people that can help us is the northerners. The same way they rigged for him to be there, they should also remove him there if not, nothing go remain. And he sure will deal with northerners to pave way for his third tenure

7 Likes

Re: Tinubu Seeks Senate Approval To Borrow $6 Billion by Artiiclebeast: 3:28pm On Mar 31

What a massive calamity of inestimable proportion.

Chaiiii

5 Likes

Re: Tinubu Seeks Senate Approval To Borrow $6 Billion by Austema(m): 3:28pm On Mar 31

Women self, how you go born Tinubu?

You no come train am well

Well, the difference between "it shall come to pass" and "it came to pass" is just time.

8 Likes 2 Shares

Re: Tinubu Seeks Senate Approval To Borrow $6 Billion by chronique(m): 3:28pm On Mar 31

I've actually lost track of the amount this government has borrowed in under 4 years.

2 Likes

Re: Tinubu Seeks Senate Approval To Borrow $6 Billion by caleboxylic: 3:29pm On Mar 31

fergie001:
https://www.facebook.com/share/p/1DVPxZgW5F/

This Govt should be kicked out come 2027. What nonsense is this? We are selling oil above $100 and you want to borrow again? This is a wicked move by the leaders of this country.

6 Likes

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