₦airaland Forum

"If you're not paying subsidy and you've got the money, why are we still borrowing?" — Lamido Sanusi questions federal government's economic policies and borrowing plans.

"If you're not paying subsidy and you've got the money, why are we still borrowing?" — Lamido Sanusi questions federal government's economic policies and borrowing plans pic.twitter.com/QjGemTVjVJ

— TheCable (@thecableng) April 24, 2026

E shock me too ooooooo, oga sanusi. All these Nigerian politicians are the same thing jare. Believe anyone of them, at your own peril. But I rather believe a Nigerian politician than not go for DNA test if I marry a non-virgin.

What do I even know sef aside enlightening my fellow men nationwide with the good news of DNA test

We are borrowing money because Tinubu is a first class graduate of accounting

You can't understand Sir

It doesn't even mean we still cant borrow, but let the borrowing be tied to very specific capital projects.

Very good questions asked about this government.
There is no justification whatsoever for borrowing.
What improvement have you seen in Nigeria as regards infrastructural development.
Security is on zero levels, No jobs,
Commodities are unpayable.
What is he borrowing for.
It's 4 years yet no constant Light.

You quit paying subsidy yet no Nigerian refinery is working.
You have nothing to say about this backward APC GOVERNMENT

I don't understand Jagaban again oo

Sanusi I now believe you need glasses, obviously you are not seeing the good works of their first class graduate from Chicago, the Lagos maker, the Messiah of ebin pawa

Nigeria was borrowing to pay for subsidy before Asiwaju became the President

Under Jonathan, we were borrowing to pay Salaries, borrowing to pay for subsidy, Pension, and also borrowing to build projects

Under Buhari, we were borrowing to pay subsidy on fuel, and also borrowing to pay salaries, pensions and also borrowing to build projects


Under Asiwaju, we're not borrowing to pay pensions or salaries, we're not borrowing to pay for subsidy, we're only borrowing to spend on Capital Projects.

I expect Sanusi to know there's no problem borrowing to build capital projects

Between tinubu and Donald trump, I no know who lie pass

My brother keep whist.
There is no justification whatsoever for borrowing.
What improvement have you seen in Nigeria as regards infrastructural development.
Security is on zero levels, No jobs,
Commodities are unpayable.
What is he borrowing for.
It's 4 years yet no constant Light.

You quit paying subsidy yet no Nigerian refinery is working.
You nothing to say about this backward APC GOVERNMENT

COMPAQ:
It doesn't even mean we still cant borrow, but let the borrowing be tied to very specific capital projects.

Help me ask....
Because....."as how na"

Una never see anything, by the t ok this Ebola Tinumbu is done with Nigeria Somalia will be far better than us

very valid question
analysts should compare what we where paying for subsidy to the amount we are borrowing

We borrow to fill our fat pocket no hope sanusi destroyed Good luck Jonathan government see life now.

That's the question every logical and sane human being should be asking.

But trust APC data boys to attack Sanusi now.

Guestmale:
What of those road projects all over the country, both state and local governments are now receiving double of what they used to collect before and the grants to our universities students through NELFUND

NELFUND is a loan to students who will pay it back. We don’t even know yet whether it is a blessing or a curse in future sef!

Despite subsidy removal? What happens to the trillions saved from the removal? Nigeria is over N18 trillion in debt under Tinubu who has also borrowed over $20 billion in the last 3 years, is it not logical to ask why more borrowings when we should be more prudent and circumspect of the effect on the country's economy and future?

If you see the way budget is dirty, one chance, driving taking one way, beating traffic. You will know this government don't know how to tackle or maintain governance. The simple of things, they cannot do then you expect them to carryout huge difference ?

After almost 4 years of subsidy removal, Nigerians are yet to feel any positive impact. Poverty has not been alleviated, it has rather increased at a very alarming rate. Economy and electricity have gone from bad to worse. Average Nigerians have gained nothing so far. SMH

Atleast somebody is asking the right question

God bless this emir! Very critical question. If subsidy is gone as been told, the federal government should have sufficient money in it's account to reduce borrowing.

But the reverse is the case and Nigerians will face the economic fallouts.

What's the economics behinds this subsidy matter as factor for improved living standards?

I beg I need answers.

I shock too
Not just borrowing, the humongous amounts being borrowed from every available source

COMPAQ:
It doesn't even mean we still cant borrow, but let the borrowing be tied to very specific capital projects.

So, what's the subsidy money being tied to then? Kwaruption?

Sanusi be careful before jagaban sends his DSS after you. He hates hearing the truth.

It's for the Chagory Cartel, they need the money for what's to come...our international election observers needs to adjourn the election Free, fair and credible.

Money they touch hands in different places.

If u're supporting APC...may God run the affairs of ur life the way APC is running Nigeria

Note: I don't belong to any political party... I belong to the group of Nigerians that want better governance, not thieves and looter in power...

Sanusi should watch his backooo while criticising this administration. His friend's wing, Elrufai, has been clipped. Next thing they will soon start looking for a way to dethrone him.

Only a balablu will understand the master strategy of Tulumbu… it’s only laptop boys and agbadorians that are in the same failing reality of Apc and Tulumbu… Don’t blame them much

They are still borrowing to meet up with their agenda: Milk Nigeria dry till there is no more blood running through her vein...i

Sanusi always talks for propaganda sake sometimes, if we dont borrow just because we are saving money from subsidy, are those savings enough to cater for the huge amount of projects and infrastructure deficit we are having? Lagos-Sokoto 1000km road is expensive, shey na 1trillion naira go finish am? Lagos Airport modernizarion, Lagos-Calabar road is there amongs many other ongoing projects everywhere in the country. My advise is for FG to borrow more than $100billion, use the money to build the infrastructure, toll them and use those tolls to payback the loans in time, we will have the infrastructure for our generations to use and also improve our economy faster than this small small borrowings. Sanusi should go sit down somewhere because of kano politics.

Parachoko:
Nigeria was borrowing to pay for subsidy before Asiwaju became the President

Under Jonathan, we were borrowing to pay Salaries, borrowing to pay for subsidy, Pension, and also borrowing to build projects

Under Buhari, we were borrowing to pay subsidy on fuel, and also borrowing to pay salaries, pensions and also borrowing to build projects


Under Asiwaju, we're not borrowing to pay pensions or salaries, we're not borrowing to pay for subsidy, we're only borrowing to spend on Capital Projects.

I expect Sanusi to know there's no problem borrowing to build capital projects

and this one will claim he went to school

Let someone else ask the question, not this terrorist

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Why would Tinubu not borrow if the proceed from subsidy removal isn't enough for him to loot?

Majority of the people working with Tinubu now had warned you in the past not to vote for him, but you refused to take heed. Even those ones have been bought over to keep quiet and enjoy the loots.

Next time when you hear "Drug Lord" on the ballot, you would learn by force, or you continue to learn in a hard way.

You will learn in a hard way.

Image123:
Good to see you have nothing tangible to say, take your L.