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‘why Are We Still Borrowing After Subsidy Removal?’ – Sanusi Queries FG - Politics (2) - Nairaland

Nairaland ForumNairaland GeneralPolitics‘why Are We Still Borrowing After Subsidy Removal?’ – Sanusi Queries FG (7495 Views)

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Re: ‘why Are We Still Borrowing After Subsidy Removal?’ – Sanusi Queries FG by ogolemati: 9:00am On Apr 27
Parachoko:
Seun how many time this same Topic go reach front page?

Government is borrowing to build infrastructures.

There's nothing wrong with Borrowing for Capital Projects.
grin grin grin grin grin grin grin grin grin grin grin grin grin, next time say the truth no one will beat you

Re: ‘why Are We Still Borrowing After Subsidy Removal?’ – Sanusi Queries FG by Houseofglam7(f): 9:00am On Apr 27
Round pegs in square holes.
Re: ‘why Are We Still Borrowing After Subsidy Removal?’ – Sanusi Queries FG by panpan(m): 9:00am On Apr 27
All foreign loans should stop.
Re: ‘why Are We Still Borrowing After Subsidy Removal?’ – Sanusi Queries FG by mecuries(m): 9:02am On Apr 27
Collecting more loans than all the previous government combined whilst claiming that the subsidy has been removed... Make it make sense.
Re: ‘why Are We Still Borrowing After Subsidy Removal?’ – Sanusi Queries FG by Parachoko: 9:03am On Apr 27
ogolemati:
grin grin grin grin grin grin grin grin grin grin grin grin grin, next time say the truth no one will beat you
How's my comment not the truth?
Re: ‘why Are We Still Borrowing After Subsidy Removal?’ – Sanusi Queries FG by Dagger111(m): 9:03am On Apr 27
Adblg0610:
President Bola Ahmed Tinubu’s request for $516 million for the Sokoto–Badagry superhighway reflects a strategic vision: a transnational corridor linking the far north to the Atlantic, enabling the movement of people and goods while unlocking long-term economic integration. Though questioned by the opposition,especially in the wake of fuel subsidy removal, such infrastructure is not cosmetic; it is generational.
Projects like the Lagos–Calabar superhighway have drawn similar scrutiny, yet they represent enduring national assets. Importantly, removing fuel subsidies does not create instant wealth or surplus; it simply halts a costly, unsustainable expenditure and frees limited fiscal space. Nigeria still faces debt burdens, low revenue, and ongoing obligations, meaning financial relief will be incremental, not immediate.
Craze dey worry you with this una GPT chat answers. No one can defend this regime without sounding stupîd, just listen to yourself.
Re: ‘why Are We Still Borrowing After Subsidy Removal?’ – Sanusi Queries FG by AdolfHitlerxXx: 9:03am On Apr 27
Likely bitter ObidientMod grin

2023 bitter loss still dey their m8nd

Parachoko:
Seun how many time this same Topic go reach front page?

Government is borrowing to build infrastructures.

There's nothing wrong with Borrowing for Capital Projects.
Re: ‘why Are We Still Borrowing After Subsidy Removal?’ – Sanusi Queries FG by nairalanda1(m): 9:03am On Apr 27
panpan:
All foreign loans should stop.
And your salary won't get paid as a result, and you would also see a lot more projects, not just the big ones, never getting finished.
Re: ‘why Are We Still Borrowing After Subsidy Removal?’ – Sanusi Queries FG by anytexy: 9:03am On Apr 27
2027 Tinubu Election! Election!!!!!!!!!!!!!!!!!!!!!!!!!!
Re: ‘why Are We Still Borrowing After Subsidy Removal?’ – Sanusi Queries FG by ogolemati: 9:05am On Apr 27
Parachoko:
How's my comment not the truth?
grin grin grin grin grin grin grin grin grin grin grin but you know the borrowed money is for filling the newly manufactured bullion vans against 2027

Re: ‘why Are We Still Borrowing After Subsidy Removal?’ – Sanusi Queries FG by Parachoko: 9:07am On Apr 27
ogolemati:
grin grin grin grin grin grin grin grin grin grin grin but you know the borrowed money is filling of the newly manufactured bullion vans against 2027
You've sold your conscience for a mere 30k trolling Asiwaju supporters online
Re: ‘why Are We Still Borrowing After Subsidy Removal?’ – Sanusi Queries FG by ufotunang: 9:08am On Apr 27
It's the results of having an incompetent president in power...it's a pity
Re: ‘why Are We Still Borrowing After Subsidy Removal?’ – Sanusi Queries FG by chuksjuve(m): 9:08am On Apr 27
tafabaloo:
Sanusi is no longer the CBN Governor, so his access to current government's information and operations is limited. I expect more intelligent questions and contributions from the Emir.

How much does the country actually earn from crude oil sales when, reportedly, crude yet to be mined has already been mortgaged to the Chinese under his brother, PMB?
If you see an intelligent contribution and question, can you decipher it ??
😀😀😀
Re: ‘why Are We Still Borrowing After Subsidy Removal?’ – Sanusi Queries FG by ogolemati: 9:08am On Apr 27
Parachoko:
You've sold your conscience for a mere 30k trolling Asiwaju supporters online
grin grin grin grin grin grin grin grin grin grin grin grin I forgot he removed your B.sorry ok let's see agbero chairman will gift you 43 bullion vans by this time tomorrow

Re: ‘why Are We Still Borrowing After Subsidy Removal?’ – Sanusi Queries FG by DuttyChuks: 9:08am On Apr 27
illicit:
Na true question

Who dey collect our collective money
Tilumbu, his family and gangs of thieves..
Re: ‘why Are We Still Borrowing After Subsidy Removal?’ – Sanusi Queries FG by chuksjuve(m): 9:09am On Apr 27
AntiChristian:
Waoh! So because subsidy has been removed we no go borrow again?
Subsidy money should have been used to execute these projects if you really know what you are saying 😀
Re: ‘why Are We Still Borrowing After Subsidy Removal?’ – Sanusi Queries FG by Parachoko: 9:10am On Apr 27
ogolemati:
grin grin grin grin grin grin grin grin grin grin grin grin I forgot he removed your B.sorry ok let's see agbero chairman will gift you 43 bullion vans by this time tomorrow
K
Re: ‘why Are We Still Borrowing After Subsidy Removal?’ – Sanusi Queries FG by tafabaloo(m): 9:11am On Apr 27
chuksjuve:
If you see an intelligent contribution and question, can you decipher it ??
😀😀😀
I just spotted an unintelligent contribution !
Re: ‘why Are We Still Borrowing After Subsidy Removal?’ – Sanusi Queries FG by chuksjuve(m): 9:14am On Apr 27
tafabaloo:
I just spotted an unintelligent contribution !
Oh great !

Congratulations to you on this rare discovery!

Trust you are good?
Re: ‘why Are We Still Borrowing After Subsidy Removal?’ – Sanusi Queries FG by Emzedz: 9:16am On Apr 27
tinibu is d most wicked n selfish ruler in nigeria.
Very corrupt n incompetent.. he will do jail cos of financial mismanagement n looting our treasury
Re: ‘why Are We Still Borrowing After Subsidy Removal?’ – Sanusi Queries FG by ufotunang: 9:17am On Apr 27
Predictor3:
Was it necessary to start building that highway if we had no money to do so? All these borrowings will only dig Nigeria in further. You said if we removed subsidies then we wouldn't have to borrow anymore during your campaign. But the reverse is the case
..the highway road was politics... want to use the highway for his election campaign inorder to deceive Nigerians to be vote for him for 2nd term
Re: ‘why Are We Still Borrowing After Subsidy Removal?’ – Sanusi Queries FG by tafabaloo(m): 9:18am On Apr 27
chuksjuve:
Oh great !

Congratulations to you on this rare discovery!

Trust you are good?
It's not in my character to give jabs.
I tender my apology, pls.
Re: ‘why Are We Still Borrowing After Subsidy Removal?’ – Sanusi Queries FG by vizboy(m): 9:20am On Apr 27
What will they steal if they dont borrow.
Re: ‘why Are We Still Borrowing After Subsidy Removal?’ – Sanusi Queries FG by millhouse: 9:21am On Apr 27
illicit:
Na true question

Who dey collect our collective money
chagoury chagoury
Re: ‘why Are We Still Borrowing After Subsidy Removal?’ – Sanusi Queries FG by Basic123: 9:23am On Apr 27
Has this poltical Emir compaired our budget deficit and cost of infrastructural deficit with the amount saved from subsidyhuh??...even without paying susbidy,we are still as poor as fvck!


Emir Sanusi is not always sincere in hid criticism.He is easily bought.
Re: ‘why Are We Still Borrowing After Subsidy Removal?’ – Sanusi Queries FG by Treadway: 9:25am On Apr 27
Ofunaofu:
https://www.vanguardngr.com/2026/04/why-are-we-still-borrowing-after-subsidy-removal-sanusi-queries-fg/
I have been echoing this since 2023, I even created a thread about it below. Removing subsidy and devaluing naira at the same time was foolish, and the cause of the very avoidable katakata the country is still experiencing till today. I explain tire for grandstar with facts o, but he no gree. Na im Sanusi sef don talk now. He advocated for both too, but he understood that the timing and the way you go about it matters!!
Re: ‘why Are We Still Borrowing After Subsidy Removal?’ – Sanusi Queries FG by Maga123: 9:26am On Apr 27
A Fearless leader from the north who calls white, white and black, black not minding wether he will be dethroned.
Re: ‘why Are We Still Borrowing After Subsidy Removal?’ – Sanusi Queries FG by jattopeter(m): 9:27am On Apr 27
Subsidy has gone , Yet he keeps Borrowing every day with nothing to show for it.
May God help us.
Predictor3:
Was it necessary to start building that highway if we had no money to do so? All these borrowings will only dig Nigeria in further. You said if we removed subsidies then we wouldn't have to borrow anymore during your campaign. But the reverse is the case
Re: ‘why Are We Still Borrowing After Subsidy Removal?’ – Sanusi Queries FG by chidi2003(m): 9:33am On Apr 27
Mitsurugi:
The question that has no answer
The answer is simple: Criminals and fraudsters are now in charge of governance in Nigeria - right now!
Re: ‘why Are We Still Borrowing After Subsidy Removal?’ – Sanusi Queries FG by Kdon2: 9:36am On Apr 27
Re: ‘why Are We Still Borrowing After Subsidy Removal?’ – Sanusi Queries FG by lapintoz: 9:36am On Apr 27
You know all the projects being done are mana from heaven, all the money being shared by the 3 tiers of government are ordinary paper......

When intelligent people begin to talk like buffoons, know that Politics has taken over.....

I get Sanusi is pained cos he is still sharing emir stool with his cousin till supreme court decides
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