₦airaland Forum

felixomor:
There is no wisdom in borrowing money you plan to completely spend in your tenure and then expect other people's tenures to pay back for u.

Nigerian leaders should start showing sense.

SalC:
Greece loading.......

Federal borrowing republic of Nigeria.

With the debt already accumulated, i weep for this country.

oduastates:
Nigeria can print naira you cannot print dollars.

All the naira Jonathan printed during for elections are still in circulation.
That is before all the naira printed during the oil boom .
You cannot just dump more naira into an already naira infested economy.
All it will lead to is more inflation.

What Nigerian needs even more than diversification, is a domesticated economy.
An economy in which your

1 Milk comes from a Nigerian diary.
2 your chicken comes from a Nigerian poultry
3 Cement
4 Roofing sheet
5 tomatoes paste
6 petrol etc
Yas long as the producers' priorities are not baking money in Swiss accounts and buying properties in London.
The Nigerian economy has to find her true level first of of all. All those MINT talk na wash.
You cannot expect to be OK if you are depending on the same 2 million barrels( now 1.5 Mil) of crude oil today like you had 30 years ago,even though your population has doubled.

basilo101:
yorubas borrowing to construct only in their region, they all hold on to the sinking system to "steal" and divert all projects to their region

Mylove55:
and the ineffectual buffoon from my region borrow to steal and divert to their bank account and pocket. may God punish gej and his generation. and God bless pmb

felixomor:
There is no wisdom in borrowing money you plan to completely spend in your tenure and then expect other people's tenures to pay back for u.

BeeBeeOoh:
http://www.vanguardngr.com/2016/09/fg-okays-external-borrowings-vows-turn-economy-around/

Mylove55:
and if ineffectual buffoon did not mismanage more 30tr naira within 5yrs, pmb wouldnt have be thinking of borrowing now, or it would have be better if ineffectual buffoon leave the economy the way he met it, there would have be enough foreign reserve for pmb to work with

Mylove55:
and if ineffectual buffoon did not mismanage more 30tr naira within 5yrs, pmb wouldnt have be thinking of borrowing now, or it would have be better if ineffectual buffoon leave the economy the way he met it, there would have be enough foreign reserve for pmb to work with

Mylove55:
and if ineffectual buffoon did not mismanage more 30tr naira within 5yrs, pmb wouldnt have be thinking of borrowing now, or it would have be better if ineffectual buffoon leave the economy the way he met it, there would have be enough foreign reserve for pmb to work with

Mylove55:
and if ineffectual buffoon did not mismanage more 30tr naira within 5yrs, pmb wouldnt have be thinking of borrowing now, or it would have be better if ineffectual buffoon leave the economy the way he met it, there would have be enough foreign reserve for pmb to work with

onatisi:
I was shocked when Nigerians started shouting buhari name during the elections . And what pained me most was that those who know him very well and what he can do kept shut and never raised any objections rather they supported him all because they wanted gej and pdp out. By the time the next fuel increase is brought out and implemented many Nigerians will trek to Cameroun for jobs ,just wait and see

damola311:
I still don't believe some people actually believe the 30 trn mismanagement.... Do you know what 30 trn is? If we are to use Dullard budget for this year which is the highest in this country history, it will be spent for 5 years.... So how is it possible for someone to mismanage 30 trn? this is not 30 thousand OK?

TheRealestGuy:
The only economic prophet of NL. You too much sir.

felixomor:
What of the trillions claimed to be saved from TSA, moreover did my post say GEJ was wise?
What was the essence of voting out GEJ if u are also going to tow his thread? And follow his borrowing footsteps?

namuguibe:
Borrow borrow never make man rich!

onatisi:
bros it is very disheartening that out of 170million ppl,buhari of all ppl is the one Nigerians chose to be their president . Any other person would have performed better be it atiku or kwankwanso. But buhari has always been a failure ,Nigerian voted a failure as their president and expect him to get it right,how is this possible?

TheRealestGuy:
This is same thing I've been wondering my bro. Atiku or Kwankwanso or even the midget El Rufai would have been more preferable to the archaic septuagenerian. He is not in tune with modern day politics or economics and cannot take us to the future we all crave.

Sometimes I wonder if Nigerians were charmed or something but I remember that it was the media that APC employed to spread their campaign of lies and calumny against GEJ.

Worst is many zombies have still refused to be realistic and admit that we can't go anywhere with this current president.

My worst fears isn't even the economic brouhaha but the imminent despotism and the anarchy that it may usher in soon.

God help this entity called Nigeria.