₦airaland Forum

Parachoko:
Bro, what exactly is your point

that he has borrowed more than Jonathan nd buhari combined together also telling us that the hv met the revenue target then y borrow again more and more

emperor4love:
that he has borrowed more than Jonathan nd buhari combined together also telling us that the hv meet

Provide evidence Asiwaju has borrowed more than Jonathan and Buhari combined

FuckYeyeMods:
Tell us the capital project and the borrowed money ratio per past government.
Careful make thunder no fire you

It's so funny how you people go dey ask me to tell you the capital projects

Are you not in Nigeria?

Parachoko:
Do you think you're talking to a 10 years old boy? 😡😡

How can you be lying so boldly 😡😡😡😡

Or is there another Lagos-Ibadan express way in this Nigeria you're talking about?

Jonathan was only fixing Lagos Ibadan on papers, nothing was been done.

Buhari started the construction of the Lagos Ibadan expressway.

Buhari did most of th work on the road, Asiwaju is now finishing it

Funny you called out a lie, and then lied. MAALU BooOOOHARI is to be fully credited for the construction of the Lagos-Ibadan expressway from start to finish. Don't attempt to infuse Thubv there. We know how Thubv operates, a sample is the far shorter Lagos-badagry expressway that is still ongoing after 20years. None of these new roads aka conduits will be completed come 2031.

Dazall. 📌

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

And subsidy savings will be tied to Tinubu lootings. You guys are pathetic

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

No be gadus be this?
Here is your self o and reason to your talk oga. FG has stopped subsidy and still borrow. Truly you go school ni tooto.

WorkTheTalk:
Taking you on a tour to witness the impressive performance of your drug lord. The tour just began.

Get a life, then a brain, then a good job.

myhotbrain:
Criteria for Government/Public borrowings:

1) for capital projects ONLY
2) there must be marginal income/revenue from the completed projects
3) low interest loan
4) loan duration/tenure should not surpass projects lifespan
5) ability to repay loan as agreed and and repayment funded mostly from the projects income/revenue
6) aggregate loan portfolios still under the internationally agreed threshold ratio, that is, Loan bs GDP, Loan vs Budget Allocation for Loan Services etc.

If I may ask Khalifah Sanusi:

1) why is America borrowing every single day of this life and sitting under the loan burden of about $40 Trillion, even as USA’s infrastructure is developed to a 1st world standard

2) how can Nigeria rapidly develop her infrastructure to, at least, 2nd world standard with a meagre revenue of less than $50 Billion per annum

3) can a less than $15 Billion annual capital budget make desirable impact on our demand for rapid development

4) The NYPD—New York City Police Department alone, spends about the same as the total 250m Nigeria’s annual budget , how pathetic is that

5) how can Nigeria’s GDP reach a $$$Trillion without adequate provision for capital projects and creating economic opportunities for the masses

6) is it not a shame that Nigeria GDP is considered one of the lowest by population and other indices

7) can anyone, including Khalifa Sanusi proffer funding alternatives for infrastructure for Nigeria

Yet how are the Nigerian political class more opulent than even the political class of these first world countries despite how 'poor' and shambolic the country is?

Riddle me that.

demolagilbert:
Funny you called out a lie, and then lied. MAALU Buhari is to be fully credited for constructed the Lagos Ibadan expressway from start to finish. Don't attempt to infuse Thubv there.

Dazall. 📌

I'm not lying, Tinubu administration is spending billions of naira to complete the Lagos Ibadan expressway.

Asiwaju administration also spent billions of naira to complete the Bodo-Bonny road
As at February 2026 when I pass through the Lagos Ibadan expressway, construction is still ongoing

You're the only one lying, im not like you, I'm not someone like you at all, at all. I don't even associate myself with people like you.

You will rather sit down in your house in Umudike to spread lies about a road you know nothing about.

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

Oga, Omo Tinubu! Sincerely, infrastructure is what Nigeria need during this bleeding time. Pls lets always show we go school here fa. There are numerous graduates here.

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

His boss Kwankwaso is now in ADC.
You should know whatsup.
Even without paying subsidy,we ae still a poor country

Miosofune:
Oga, Omo Tinubu! Sincerely, infrastructure is what Nigeria need during this bleeding time. Pls lets always show we go school here fa. There are numerous graduates here.

List just one developed country in the world with bad roads?

Do you even know trailers moving goods spend days on a journey that's not suppose to be up to 7hrs?

Without good roads, good security ,power and education which Asiwaju is busy fixing, Nigeria will never develop

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

How much has been spent on capital projects, and what meaningful impacts have citizens experienced? As a family man, would you rather borrow money to buy a house than allow your family to starve indefinitely?Your answer to this question goes a long way to tell how you think

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

So why not use the money saved from paying subsidy to fund the capital projects?

Parachoko:
I'm not lying, Tinubu administration is spending billions of naira to complete the Lagos Ibadan expressway.

Asiwaju administration also spent billions of naira to complete the Bodo-Bonny road
As at February 2026 when I pass through the Lagos Ibadan expressway, construction is still ongoing

You're the only one lying, im not like you, I'm not someone like you at all, at all. I don't even associate myself with people like you.

You will rather sit down in your house in Umudike to spread lies about a road you know nothing about.

Lol. I live in Ibadan/Lagos, and you are the well known liar here, and the attempts of you and your kind to rewrite history are well documented. BOoooohari as useless as he was, is to be credited for the Lagos-Ibadan expressway from start to finish.

Sanusi is also a first class student

GODISGREAT123:
We are borrowing money because Tinubu is a first class graduate of accounting

You can't understand Sir

A good question but no answer.

Why are we borrowing if you're not paying subsidy? This is the question, don't change it

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

rockyh:
How much has been spent on capital projects, and what meaningful impacts have citizens experienced? As a family man, would you rather borrow money to buy a house than allow your family to starve indefinitely?Your answer to this question goes a long way to tell how you think

Can you provide evidence Nigerians are starving like some did during the civil war?

Parachoko:
List out the road projects Jonathan constructed, let's compare it to the ones Asiwaju is constructing

What of buhari? Abi buhari no building capital projects?

U better stop decieving urself. ur principal has no excuse to be borrowing like this after no longer paying subsidy. buhari paid subsidy and did all this while borrowing less than ur Asiwaju.

demolagilbert:
Lol. I live in Ibadan/Lagos, and you are the well known liar here, and the attempt of you and your kind to rewrite history are well documented. BOoooohari as useless as he was, is to be credited for the Lagos-Ibadan expressway from start to finish.

You live in Ibadan/Lagos and you don't know Section 2 of the project is not completed by Buhari?

Gush! Are you a Bot? Or you're just paid to Argue blindly on Nairaland?

jaxxy:
What of buhari? Abi buhari no building capital projects?

U better stop decieving urself. ur principal has no excuse to be borrowing like this after no longer paying subsidy. buhari paid subsidy and did all this while borrowing less than ur Asiwaju.

List out the road Projects Jonathan constructed

His economics is sound. It always has been.

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

u don chop rice dis morning?

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

so petty!
yiu talk as if you are the Govt" s spokemen
Your tot on this are just mere specualations cos government is in the better position to explain.
by the way, why then has our borrowing almost doubled the one of Buhari despite the fact that Buhari was borrowing to pay subsidies and others?

Image123:
Get a life, then a brain, then a good job.

Your drug lord in the mud. Keep fooling around, data boy.

Bola Tinubu is a fraud. Everyone knows it from history to birth to education to Governance. pic.twitter.com/1Pqlpo3Qp6

— CHUKWE (@chukwe) May 4, 2025

GODISGREAT123:
We are borrowing money because Tinubu is a first class graduate of accounting

You can't understand Sir

How sure are you the money will not be stolen?

ayo2008:
so petty!
yiu talk as if you are the Govt" s spokemen
Your tot on this are just mere specualations cos government is in the better position to explain.
by the way, why then has our borrowing almost doubled the one of Buhari despite the fact that Buhari was borrowing to pay subsidies and others?

If my thoughts on this are just mere speculations, then you don't deserve an answer to your question.

Bye

Parachoko:
You live in Ibadan/Lagos and you don't know Section 2 of the project is not completed by Buhari?

Gush! Are you a Bot? Or you're just paid to Argue blindly on Nairaland?

You are the well documented liar na. Lol. Section 2 ko, C-section ni! Buhari that is now maggot food, constructed that express way right from Berger all the way to Iwo road Ibadan, around 120km. Your vague definition of section 2 is Iwo road to Ojoo, of less than 10km abi🤣

We know your tactics well. Again, I'll say, just like the fewer km Lagos-badagry road was a conduit, and isn't nearing completion after over 20years, similarly we KNOW that all these conduit projects/roads you are yapping about will not be completed come 2031. Then you will come out to say at least he started it, someone else will finish it. But the likes of Booooohari as useless as he was, actual started and FINISHED his roads, most of which have already been listed here. Don't attempt to jumble your failed leader up with maalu booooohari in that regard. Until you/he has delivered any of those roads, e lenu oro kankan ✅

Faabu ati Iro yi noni nkan..
🤣

demolagilbert:
You are the well documented liar. Lol. Section 3 my ass.

I never said Section 3, I said Section 2

Tinubu administration agreed to release some billions of naira to complete the project

You just want to keep on arguing blindly without. You have nothing to back up your argument, you're just busy Wailing over the Truth

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

Can you kindly point out the capital projects that have been completed with almost N80trillion in borrowings in just 3 years?



"We are borrowing for capital projects, we are borrowing for capital projects!!" This sounds like a beautiful nonsense excuse the government is using to deceive undescerning people. These capital projects that are worth N80trillion, where are they located?