₦airaland Forum

naija1stnigar:
you are sick! What happened to the funds earned after subsidy removal?

It is been used as collateral for the loans.

Parachoko:
The Bridge is not presently serving it's purpose because access roads were not constructed by Buhari

He only construed the bridge

Asiwaju is building access road to the bridge in Delta and Anambra state

It's a massive project

Watch the video below


https://www.youtube.com/watch?v=g8vACExYJT4?si=nU2XNnRCJ3akGM6Z

Why has Tinubu, after more than three years in power and borrowing far more money, still refused to build the access roads? Or are the loans only good at taking off, but never arriving at development?

Ofunaofu:
Why has Tinubu, after more than three years in power and borrowing far more money, still refused to build the access roads? Or are the loans only good at taking off, but never arriving at development?

Don't you have data to watch the Video?

Watch the video, the roads are under construction

It's you and phadda with the druqqie that invented the word prudent in the Chicago criminal's government?

Make thornder no locate your address oh. Ogun kiee you there

Parachoko:
If it will be spent on the things the FG States they will be spent on, I'm fine with it

Asiwaju Government has been so prudent with our resources

Asiwaju Government is corruption free

Parachoko:
Don't you have data to watch the Video?

Watch the video, the roads are under construction

You mean I should watch the video to see that it’s taking almost four years to construct a thirty-something-kilometre access road?

Have some shame, brother.

Putinofrussia:
Tinubu's has introduced several federal grants, intervention funds, and cash transfer schemes aimed at supporting small businesses, vulnerable households, students, and research.

• Presidential Conditional Grant Scheme (Nano Businesses): A ₦50 billion scheme aimed at giving non-repayable grants of ₦50,000 each to one million nano-businesses across the 774 local government areas in Nigeria.

• MSME and Manufacturing Intervention Funds: A ₦200 billion package announced by President Tinubu, which includes ₦75 billion for manufacturers (providing individual credits/loans up to ₦1 billion at a 9% annual interest rate) and ₦125 billion to support MSMEs.

• Expanded National MSME Clinics Grants: Through programs led by Vice President Kashim Shettima, the federal government has approved localized non-repayable grants (such as ₦250,000 per business for tens of thousands of participants in states like Katsina and Ondo) totaling billions of naira.

• Presidential Conditional Grant Scheme (PCGS): A non-repayable grant of ₦50,000 distributed to nano-businesses across various sectors (trading, food services, ICT, transport, and creatives) as part of the presidential palliative program.

• MSME Intervention and Growth Funds: Non-repayable grants (such as ₦250,000 grants for outstanding exhibiting MSMEs at Expanded National MSME Clinics like the one in Katsina) alongside large-scale financing pools like the ₦75 billion Manufacturers Fund.

• National Construction and Household Support Programme: Features a monthly uplift grant of ₦50,000 aimed at supporting millions of vulnerable families across the 36 states and the Federal Capital Territory (FCT).

• TetFund Research Grants: Major institutional approvals, including a ₦4.2 billion research grant allocation (with over ₦2.2 billion dedicated to Science, Engineering, and Technology).

• Renewed Hope Initiative (RHI) Grants: Led by First Lady Oluremi Tinubu, this includes various business and disability grants (such as the ₦1.85 billion business grant scheme for persons with disabilities providing ₦200,000 each, and women traders' capitalization grants of ₦50,000–₦100,000 across multiple states).

Welldone to the Govt. The scheme's amount is enough for economic individual upliftment, but not enough to produce global brands like Addidas, Samsung, Yahoo, IKEA within a short time(5-10 years).

Ofunaofu:
You mean I should watch the video to see that it’s taking almost four years to construct a thirty-something-kilometre access road?

Have some shame, brother.

The project is not up to 4 years, go and do your research and stop arguing blindly

Parachoko:
If it will be spent on the things the FG States they will be spent on, I'm fine with it

Asiwaju Government has been so prudent with our resources

Asiwaju Government is corruption free

Don't be unfortunate

Parachoko:
The project is not up to 4 years, go and do your research and stop arguing blindly

Psrschoko, insults won’t build the road any faster. When did the project begin, and when is it expected to be completed? Let’s talk timelines and accountability, not abuse.

Parachoko:
fergie001

Why's the BOT not hiding this kind of comment Seun?

Make dem hide am cause na you get NL nau, keyboard warrior..dem don give you wetin you deserve kon dey cry give mods, the nonsense wey you dey post here everyday dem nodey ban am..You go soon collect for real life, keep up with this your delusional lifestyle

Parachoko:
If the money will be spent on infrastructure, power, transportation, healthcare, education, agriculture, water supply, security etc, there's nothing wrong with taken the loans

More generation of taxes, more money from subsidy, money remit and more borrowings. Nigeria don enter one chance vehicle. This man has borrowed far more than what Jonathan and Buhari borrowed all together in just less than 4 years. Kudos to the builder of Lagos that can built Nigeria but destroying it the more.

Ofunaofu:
Psrschoko, insults won’t build the road any faster. When did the project begin, and when is it expected to be completed? Let’s talk timelines and accountability, not abuse.

They are quick to abuse at any slightest discourse but later they would tell you obidients are the abusers but in a real sense, they are the real abusers. Any little correction you correct them, next is an abuse from their group.

VOsimhen144:
Tinubu is going about borrowing money like a mad man after removing the fuel subsidy.

Why did Tinubu removed fuel subsidy if he will continue to borrow up and down? The major reason to remove fuel subsidy is to reduce or stop borrowing.

The purpose of subsidy removal has been failed. Nigerians we have been scamed

Tinubu is far worst than Buhari.

..he is borrowing more money to buy more campaign buses and SUV cars for his presidential campaign .it's a pity

Parachoko:
If the money will be spent on infrastructure, power, transportation, healthcare, education, agriculture, water supply, security etc, there's nothing wrong with taken the loans

.. money that will be spent on buying more buses, SUV cars for campaign...

Another round of money to share for Tinubu and his goons.

Parachoko:
If it will be spent on the things the FG States they will be spent on, I'm fine with it

Asiwaju Government has been so prudent with our resources

Asiwaju Government is corruption free

is this sarcasm or you are mad?

It will not be well with all of u supporting this Scavenges called Nigeria governmen.

Putinofrussia:
It is still part of the MTEF the Senate approved as loan in 2025.
It covers both 2025 and 2026.
I think this is the last batch before new borrowing...but less...for subsequent years.
Just let them use it judiciously.




No govt is perfect.The only problem of Tinubu's govt is the removal of subsidy which is unfortunately a "must do" if Nigeria is not going to become totally bankrupt and govt collapse.
Secondly,hardship is all over the world mainly because of the USA Iran conflict.
Apart from all of these,no previous govt has ever performed like Tinubu in the area of infrastructures,Education,Social welfare,Health,Aviation etc.

As per debt,add Buhari's $22.4 billion...this is the #30 trillion baba Buhari printed which was added to Tinubu's debt (securitized ) and $10.4 billion....this is all the IMF debt that Tinubu paid and Buhari $7 billion debt to foreign airlines that Tinubu also paid....together which equals to $32.8 billion.
Now remove $32.8 billion from Nigeria's debt and you will see that President Tinubu has not borrowed more than previous govts but he has performed excellently more than all of them combined and he has been,very prudent.

Anybody well versed in this can take me on to explain how he thinks Tinubu has borrowed more while it is otherwise.
Yes,he is still going to borrow more just like other countries,Fortunately,we can see the infrastructures he is executing...more than all previous govts combined since 1960... and the massive social welfare he has embarked upon.
Just like I said,the only problem with this administration is the effect of removal of subsidy and the global hardship.
Both are going to fizzle away very soon.
Without these two,his performance has been above all the govts Nigeria has had.

.

Bizibi:
is this sarcasm or you are mad?

Obviously the 2nd one..

LagosOrigin:
You're a tinubu supporter and the fact that you used the word "If" shows deep down, you're not in support of this senseless borrowings. You don't need to argue with me because I understand you must work for your stipend.

Hahahaha, you don hold the man for brokus

Parachoko:
How much Obi dey pay you to work for him on Nairaland?

He doesn't need Obi's money to know what's good or bad

As usual the rubber stamp Senate president will approve it one time. Even if Tinubu ask for his daughter to be sacrifice he will approve it one time

Kalulu44:
He doesn't need Obi's money to know what's good or bad

I don't need Tinubu money to know what's good or bad


Peter Obi Will Never Become The President Of Nigeria

Parachoko:
I don't need Tinubu money to know what's good or bad


Peter Obi Will Never Become The President Of Nigeria

Dey play, with all the ills of Tinubu's govt you're still stuck in his an**

YOU SAID IT ALL...

solutionsnow:
If you no get Prado jeep from APC, hide your face. No defend this nonsense.

Kalulu44:
Dey play, with all the ills of Tinubu's govt you're still stuck in his an**

Dey Play, with the way Obi totally failed in Anambra, you're still stuck in his an**

Parachoko:
Dey Play, with the way Obi totally failed in Anambra, you're still stuck in his an**

Lolz! Funny a thing I am neither stuck with Obi nor Atiku nor any of them facing Tinubu. All I care about is seeing the disaster called Bola Tinubu to leave that seat. Even if it's Sowore that defeat him I don't care

Kalulu44:
Lolz! Funny a thing I am neither stuck with Obi nor Atiku nor any of them facing Tinubu. All I care about is seeing the disaster called Bola Tinubu to leave that seat. Even if it's Sowore that defeat him I don't care

Majority of we Nigerians we vote for Asiwaju again in 2027, you're in the Minority.

Parachoko:
Majority of we Nigerians we vote for Asiwaju again in 2027, you're in the Minority.

No problem, and another truth I want you to hear from me is that. I have already zeroed my mind on him (Tinubu) winning again, meaning I can endure another 4yrs of his disaster. But if by providence he loses, I don't think many of you can survive the shock.

Kalulu44:
No problem, and another truth I want you to hear from me is that. I have already zeroed my mind on him (Tinubu) winning again, meaning I can endure another 4yrs of his disaster. But if by providence he loses, I don't think many of you can survive the shock.

Asiwaju Can't Lose in 2027

Obidients have not still recovered from the 2023 loss