Ehiscotch:
There is nothing wrong with borrowing, as long as it is used to finance capital projects.

We have to just come to terms with the fact that we do not generate enough to finance our capital projects.

Who told you that
Which projects are you talking about
Stop posting rubbish on net

Again.

I hope they know what they are doing.......

Chinko ti take over

The only reason for these senseless loans is to ensure that these countries don't support succession until their money is paid back and the source of the repayment is ironically in the region that must leave.

Why don't this government utilise the Abacha loot which is more than enough.

bunch of insatiable THIEVES!

This govt is hoplessly INCOMPETENT just shoping for loans, aids &donations just 2impress us after killing d economy

North Korea soon

afroniger:


Exactly. Money for infrastructural devt. has to come from somewhere.

Which infrastructural development are you talking about?
How many development have they done from the loan they borrowed from China?

borrowing loans is not the issue as long the money is used for capital project and to divert for personal use

The lifeless one and his cohorts plan is to drag the country deep in debt.

gare:

NEXT WILL BE SOUTH OR NORTH KOREA

Your thought is good as mine bro.

Begging begging everyday but yet we have the resources they want but yet we are always begging. Nna na wah o.

FarahAideed:
Buhari wants to ruin the destinies of Nigerians yet unborn

Because of debt? Tell that to Americans/

Ehiscotch:
There is nothing wrong with borrowing, as long as it is used to finance capital projects.

We have to just come to terms with the fact that we do not generate enough to finance our capital projects.

what capital project is on ground wit all the billions previously borrowed, billions recovered by the EFCC and billions returned from Abacha loot?

HeWrites:


Your thought is good as mine bro.

DONT MIND THIS FOOLISH SET OF LEADERS JUST GO AROUND BORROWING MONEY, ONE SINGLE PROJECT WE ARE NOT SEEING. THE ONE BUHARI BORROWED IN 2016 FROM CHINA, WITH LIST OF PROJECTS WE CANT SEE ANY ONE TODAY. JUST WAIT I SEE MAYBE HE HAS USED NIGER DELTA OIL AS COLLATERAL, IN TEN YEARS CHINA WILL COME AN SEIZE THE WHOLE NIGER DELTA

Another trick to move cash home because they understand they are going out of the govt.

FG or whatever your name is, please get loan from Canada, USA, France or UK and keep me as collateral please.
after default o

All I see on this thread are children who think a nation as huge as Nigeria is like their family house where they need 5k to feed for 2 days.

They know nothing but refuse to ask for clarification.

PMB carry go joor. We need capital projects IP and running and I know you will deliver.

Ehiscotch:
There is nothing wrong with borrowing, as long as it is used to finance capital projects.

We have to just come to terms with the fact that we do not generate enough to finance our capital projects.

yes nw there is nothing wrong wit borrow

afroniger:


Exactly. Money for infrastructural devt. has to come from somewhere.

This is a lazy man's view and shortcuts never helped anyone in life.

The problem is our rulers fail to think long-term and the feeding bottle system where everyone goes cap in hand to Abuja for federal allocations.

If we are to get serious Nigeria has to undergo economic and fiscal restructuring. This will force states to be more ingenious and make them think of ways to generate revenue.

There's taxation, there's a lot of other untapped mineral resources. We can even go back to big time exportation of agricultural products including marijuana.

Wake up and smell the coffee!

Loan for what, this people are thief, Nigeria has plenty money to do whatever they want, they should stop this nonsense, jooor, bambanikus

Ehiscotch:
There is nothing wrong with borrowing, as long as it is used to finance capital projects.

We have to just come to terms with the fact that we do not generate enough to finance our capital projects.

wat happens to wen u live above ur means?

I prefer the Japanese over the Chinese though... but this our debt is quite alarming

gare:


DONT MIND THIS FOOLISH SET OF LEADERS JUST GO AROUND BORROWING MONEY, ONE SINGLE PROJECT WE ARE NOT SEEING. THE ONE BUHARI BORROWED IN 2016 FROM CHINA, WITH LIST OF PROJECTS WE CANT SEE ANY ONE TODAY. JUST WAIT I SEE MAYBE HE HAS USED NIGER DELTA OIL AS COLLATERAL, IN TEN YEARS CHINA WILL COME AN SEIZE THE WHOLE NIGER DELTA

I swear bro. And some fools still want to vote Buhari

[b][/b]1st, Loan from china, now loan from japan and someone uneducated thugs wil still shout Buhari2019
at last, Nigeria would be sold to Asia

*sipping Yorgurt*

Economic colonialism, that's where we are headed.

Due to the high amount of loans and bail outs our lazy politicians keep getting from China and other Asian countries, it would be difficult to pay them off.
So what happens next? China wins in the international court and takes over the government's valuable infrastructures and stuffs.
Now what does that signify? Economic colonialism.
Watch out people, it's real, it's already happening in Zambia.

The problem has never been with borrowing. It is only a problem when we borrow and its not justifiable. Imagine the measures FG now has to take to ensure that the Paris Club Funds are at least utilized for the good of the masses who are the so - called 'reason' for the loan.

Dudeweedlmao:
Because of debt? Tell that to Americans/

American debt is never looted and misapporiated

Chaii... Nigeria is in troube,I hope we don't become slave to Asian soon Sha....mmmm