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FG To Borrow N823b Through Treasury Bills In First Quarter 2019 - Politics (2) - Nairaland

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Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by hassan960(m): 6:52am On Jan 11, 2019
nigerian weh done for borrowing
Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by contigiency(m): 6:52am On Jan 11, 2019
DLifeless1:
Kai!
. I noticed it is days to election periods that the army do make fronts in this their war, so am still asking, what is actually happening?
APC is claiming PDP ran Nigeria down in 16 years, okay, what is the way forward? A man came and promised us that 1 dollar will be 1 naira, that terrorism war will end in 3 months when he enters office, that we will have steady electricity supply in 6 months, that he will sell most of the presidential fleet to curb excessive spending, plus other things including fighting corruption. We pushed the known devil for an unknown angel. Their first excuse was that PDP left the treasury dry, but loots and bags of money is being discovered here and there with no name mentioned, the story is now changed to next level as in when they were dishing their campaign promises they didn't know PDP milked the country.
What we feared most happened, if you are in opposition, you are hunted till almost all the supposed corrupt PDP riffraffs are now in APC as saints and leading the campaigns, so now are we to wait for another 16 years for these goons who ran Nigeria down in 16 years to rerun it down again before our brain starts functioning.
That Trump is successful is because he had a purpose, our current president got an f9 in common mathematics, our vice President can't even express himself fluently, the police ig is a Stark transmitter who is partician and same with the army that I was ready to do anything to join cos I wanted to serve but as it stands maybe God knows the country is lost to imbeciles who already have succeeded in dividing the country between religious and ethnic line that we've forgotten this is one country and not different countries that are allies.
No freedom of speech again, the polititians have noting to offer looking at the manifestos they brandish, in abia, the PDP slowpoke is campaigning based on zoning, that is he has no plans at all or what developmental strategy to uplift the state, in the national level, I fear what PDP as in skeptical because the English in it tends to confuse than elaborate and APC is


Kai!

. I noticed it is days to election periods that the army do make fronts in this their war, so am still asking, what is actually happening?
APC is claiming PDP ran Nigeria down in 16 years, okay, what is the way forward? A man came and promised us that 1 dollar will be 1 naira, that terrorism war will end in 3 months when he enters office, that we will have steady electricity supply in 6 months, that he will sell most of the presidential fleet to curb excessive spending, plus other things including fighting corruption. We pushed the known devil for an unknown angel. Their first excuse was that PDP left the treasury dry, but loots and bags of money is being discovered here and there with no name mentioned, the story is now changed to next level as in when they were dishing their campaign promises they didn't know PDP milked the country.
What we feared most happened, if you are in opposition, you are hunted till almost all the supposed corrupt PDP riffraffs are now in APC as saints and leading the campaigns, so now are we to wait for another 16 years for these goons who ran Nigeria down in 16 years to rerun it down again before our brain starts functioning.
That Trump is successful is because he had a purpose, our current president got an f9 in common mathematics, our vice President can't even express himself fluently, the police ig is a Stark transmitter who is partician and same with the army that I was ready to do anything to join cos I wanted to serve but as it stands maybe God knows the country is lost to imbeciles who already have succeeded in dividing the country between religious and ethnic line that we've forgotten this is one country and not different countries that are allies.
No freedom of speech again, the polititians have noting to offer looking at the manifestos they brandish, in abia, the PDP slowpoke is campaigning based on zoning, that is he has no plans at all or what developmental strategy to uplift the state, in the national level, I fear what PDP as in skeptical because the English in it tends to confuse than elaborate and APC is just filled with Stark failures from the old PDP, no direction, in chaos, distorted and stupid.
I just saw a post of the new dangote refinery that will start producing not now, am not saying its not good but other countries like the desert we use to know as UAE really are fine tuning their electric cars, why can't Nigeria budget more or invest more in education and research like Israel. Imagine, the students are at home, school on strike and these guys are happy and unperturbed doing their campaign rallies and these same students whom their future is sacrificed kill and maim themselves for these selfish bastards.
I noticed from the area I stay that the rich wants the poor to be poorer to serve them, am against depending on anyone but if you can't help your neighbor, don't decieve him, let us always tell ourselves the truth. Youths now value crime as an escape route because they've been made to understand that their best efforts will amount to noting.
Another news is that fg is to borrow another 823billion naira in first quarter of 2019, please who did we offend?

Seriously when I see people fight over political issues and interest here, I only understand that there is no hope for Nigeria again, these polititians know that is why none of their children reside in Nigeria because they know what they've done, that is why when I saw the news of that fool stabbed during apc rally, I had no compassion for his useless soul cos he died in vain and you'll see some other fools will go on to fight.
Why can't we ditch all these old idiots and look within ourselves for a better option, most of these men won't be alive in the next 30 years, it is we and our children that will be reaping the seeds we are sowing now.

Emptiness and incoherent trash from a dubious mind.
Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by logon599: 6:53am On Jan 11, 2019
cry It's well

Cheap professional Architectural designs? See my signature below or checkout my profile. Thanks

Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by iammo(m): 6:53am On Jan 11, 2019
9japrof:



Can you just sit down and listen to the bullshit you are reeling out this morning...

Must you defend financial recklessness, I know you love buhari so much and view him as a mini-god, can't you just "Waka and Pass" where there is indiscretion in his part like this one instead of defending stupidity

typical black man with black mind, a white man sees a bank as a place to get money to better his finances through car loan, mortgage, and startup grants, while a dunce black man thinks bank is for savings and transactions only
Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by tayolove12(m): 6:53am On Jan 11, 2019
Whenever God is not busy at work he will help
Me do something about this stupid leaders

DLifeless1:
Kai!
. I noticed it is days to election periods that the army do make fronts in this their war, so am still asking, what is actually happening?
APC is claiming PDP ran Nigeria down in 16 years, okay, what is the way forward? A man came and promised us that 1 dollar will be 1 naira, that terrorism war will end in 3 months when he enters office, that we will have steady electricity supply in 6 months, that he will sell most of the presidential fleet to curb excessive spending, plus other things including fighting corruption. We pushed the known devil for an unknown angel. Their first excuse was that PDP left the treasury dry, but loots and bags of money is being discovered here and there with no name mentioned, the story is now changed to next level as in when they were dishing their campaign promises they didn't know PDP milked the country.
What we feared most happened, if you are in opposition, you are hunted till almost all the supposed corrupt PDP riffraffs are now in APC as saints and leading the campaigns, so now are we to wait for another 16 years for these goons who ran Nigeria down in 16 years to rerun it down again before our brain starts functioning.
That Trump is successful is because he had a purpose, our current president got an f9 in common mathematics, our vice President can't even express himself fluently, the police ig is a Stark transmitter who is partician and same with the army that I was ready to do anything to join cos I wanted to serve but as it stands maybe God knows the country is lost to imbeciles who already have succeeded in dividing the country between religious and ethnic line that we've forgotten this is one country and not different countries that are allies.
No freedom of speech again, the polititians have noting to offer looking at the manifestos they brandish, in abia, the PDP slowpoke is campaigning based on zoning, that is he has no plans at all or what developmental strategy to uplift the state, in the national level, I fear what PDP as in skeptical because the English in it tends to confuse than elaborate and APC is


Kai!

. I noticed it is days to election periods that the army do make fronts in this their war, so am still asking, what is actually happening?
APC is claiming PDP ran Nigeria down in 16 years, okay, what is the way forward? A man came and promised us that 1 dollar will be 1 naira, that terrorism war will end in 3 months when he enters office, that we will have steady electricity supply in 6 months, that he will sell most of the presidential fleet to curb excessive spending, plus other things including fighting corruption. We pushed the known devil for an unknown angel. Their first excuse was that PDP left the treasury dry, but loots and bags of money is being discovered here and there with no name mentioned, the story is now changed to next level as in when they were dishing their campaign promises they didn't know PDP milked the country.
What we feared most happened, if you are in opposition, you are hunted till almost all the supposed corrupt PDP riffraffs are now in APC as saints and leading the campaigns, so now are we to wait for another 16 years for these goons who ran Nigeria down in 16 years to rerun it down again before our brain starts functioning.
That Trump is successful is because he had a purpose, our current president got an f9 in common mathematics, our vice President can't even express himself fluently, the police ig is a Stark transmitter who is partician and same with the army that I was ready to do anything to join cos I wanted to serve but as it stands maybe God knows the country is lost to imbeciles who already have succeeded in dividing the country between religious and ethnic line that we've forgotten this is one country and not different countries that are allies.
No freedom of speech again, the polititians have noting to offer looking at the manifestos they brandish, in abia, the PDP slowpoke is campaigning based on zoning, that is he has no plans at all or what developmental strategy to uplift the state, in the national level, I fear what PDP as in skeptical because the English in it tends to confuse than elaborate and APC is just filled with Stark failures from the old PDP, no direction, in chaos, distorted and stupid.
I just saw a post of the new dangote refinery that will start producing not now, am not saying its not good but other countries like the desert we use to know as UAE really are fine tuning their electric cars, why can't Nigeria budget more or invest more in education and research like Israel. Imagine, the students are at home, school on strike and these guys are happy and unperturbed doing their campaign rallies and these same students whom their future is sacrificed kill and maim themselves for these selfish bastards.
I noticed from the area I stay that the rich wants the poor to be poorer to serve them, am against depending on anyone but if you can't help your neighbor, don't decieve him, let us always tell ourselves the truth. Youths now value crime as an escape route because they've been made to understand that their best efforts will amount to noting.
Another news is that fg is to borrow another 823billion naira in first quarter of 2019, please who did we offend?

Seriously when I see people fight over political issues and interest here, I only understand that there is no hope for Nigeria again, these polititians know that is why none of their children reside in Nigeria because they know what they've done, that is why when I saw the news of that fool stabbed during apc rally, I had no compassion for his useless soul cos he died in vain and you'll see some other fools will go on to fight.
Why can't we ditch all these old idiots and look within ourselves for a better option, most of these men won't be alive in the next 30 years, it is we and our children that will be reaping the seeds we are sowing now.
Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by Ifesinachi22(m): 6:53am On Jan 11, 2019
I yaff hear
Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by Makawhizzy: 6:54am On Jan 11, 2019
unite4real:


Even if there is 100 trillion naira remittance, government will borrow because they don't only borrow when they need money for expenses but also borrow to squeeze money from the economy to curb inflation. The borrowing can never stop. Every world government does this. USA owe the highest in the world.
And I guess you skipped the part where it reads TB reduced so we can borrow more internationally abi because we are also helping to reduce inflation in China, Europe and America. Since money is so much in Nigeria you can tell me why the average man on the history who is apolitical is cursing buhari who deceived them with all promises cancelled

1 Like

Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by DLifeless1: 6:57am On Jan 11, 2019
contigiency:


Emptiness and incoherent trash from a dubious mind.
You are ignored.

2 Likes

Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by seunfly: 6:58am On Jan 11, 2019
Makawhizzy:

Yeah I know but to me why put out TB if you truly have more than enough remittance in 2018 to fund 2019 budget. Because TB is simply local borrowing and only time it’s necessary is if there is too much money in circulation[b][/b] which is not the case in Nigeria so the government was only lying about all those remittances if they are still borrowing locally and internationally yet giving out supports in huge quantities as if God don pick the average naija call

Lol you are the one who thinks there not much money circulation, the plocy makers knows and it is normal tradition that every quarter of the year, fresh bill is alway issued, the only difference is just the amount and the rate. If you watch closely, you will noticed the rate is not different from last year 10.4% for 90days and 14.5% for 360days.
Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by SEGLIZ: 6:59am On Jan 11, 2019
how does this TBills work?
minimum investment?
can someone please help out?
Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by Makawhizzy: 6:59am On Jan 11, 2019
iammo:


typical black man with black mind, a white man sees a bank as a place to get money to better his finances through car loan, mortgage, and startup grants, while a dunce black man thinks bank is for savings and transactions only
You can start by listing the banks doing so well in Nigeria that will give you those loans easily especially when you are SME. Even those who are employees under big corporate firms get such via their company negotiating on their behalf not them going solo except you earn a solid pay

2 Likes

Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by Makawhizzy: 7:00am On Jan 11, 2019
seunfly:


Lol you are the one who thinks there not much money circulation, the plocy makers knows and it is normal tradition that every quarter of the year, fresh bill is alway issued, the only difference is just the amount and the rate.
And I guess you skipped the part where it reads TB reduced so we can borrow more internationally abi because we are also helping to reduce inflation in China, Europe and America. Since money is so much in Nigeria you can tell me why the average man on the history who is apolitical is cursing buhari who deceived them with all promises cancelled

1 Like

Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by Makawhizzy: 7:01am On Jan 11, 2019
SEGLIZ:
how does this TBills work?
minimum investment?
can someone please help out?
Go to your bank and ask or call your account officer for rates and terms. Compare like three banks before settling for the one you prefer

1 Like

Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by molas02: 7:02am On Jan 11, 2019
jubril ur plan will fail, u won finish us for D's country before u return to Sudan abi
Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by Nobody: 7:04am On Jan 11, 2019
lol. reminds me of this meme.

Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by iammo(m): 7:04am On Jan 11, 2019
Makawhizzy:

You can start by listing the banks doing so well in Nigeria that will give you those loans easily especially when you are SME. Even those who are employees under big corporate firms get such via their company negotiating on their behalf not them going solo except you earn a solid pay

bank of agriculture
bank of industry
CBN - with more than 3 of such facilities

i dear you to approach any cbn with your meaningful business plan

1 Like

Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by ITbomb(m): 7:05am On Jan 11, 2019
What happened to billions of dollars of looted funds recovered or the trillions of Naira made by JAMB and FIRS etc ?

2 Likes 1 Share

Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by aliondo: 7:05am On Jan 11, 2019
DLifeless1:


Kai!

. I noticed it is days to election periods that the army do make fronts in this their war, so am still asking, what is actually happening?
APC is claiming PDP ran Nigeria down in 16 years, okay, what is the way forward? A man came and promised us that 1 dollar will be 1 naira, that terrorism war will end in 3 months when he enters office, that we will have steady electricity supply in 6 months, that he will sell most of the presidential fleet to curb excessive spending, plus other things including fighting corruption. We pushed the known devil for an unknown angel. Their first excuse was that PDP left the treasury dry, but loots and bags of money is being discovered here and there with no name mentioned, the story is now changed to next level as in when they were dishing their campaign promises they didn't know PDP milked the country.
What we feared most happened, if you are in opposition, you are hunted till almost all the supposed corrupt PDP riffraffs are now in APC as saints and leading the campaigns, so now are we to wait for another 16 years for these goons who ran Nigeria down in 16 years to rerun it down again before our brain starts functioning.
That Trump is successful is because he had a purpose, our current president got an f9 in common mathematics, our vice President can't even express himself fluently, the police ig is a Stark transmitter who is partician and same with the army that I was ready to do anything to join cos I wanted to serve but as it stands maybe God knows the country is lost to imbeciles who already have succeeded in dividing the country between religious and ethnic line that we've forgotten this is one country and not different countries that are allies.
No freedom of speech again, the polititians have noting to offer looking at the manifestos they brandish, in abia, the PDP slowpoke is campaigning based on zoning, that is he has no plans at all or what developmental strategy to uplift the state, in the national level, I fear what PDP as in skeptical because the English in it tends to confuse than elaborate and APC is just filled with Stark failures from the old PDP, no direction, in chaos, distorted and stupid.
I just saw a post of the new dangote refinery that will start producing not now, am not saying its not good but other countries like the desert we use to know as UAE really are fine tuning their electric cars, why can't Nigeria budget more or invest more in education and research like Israel. Imagine, the students are at home, schools on strike and these guys are happy and unperturbed doing their campaign rallies and these same students whom their future is sacrificed kill and maim themselves for these selfish bastards. It's just as If this strike was deliberately planned to frustrate the students to stay at home and do their election biddings, foreign companies like mtn and multichoice milk the citizens dry and the government have no solution to it cos some of them have being bribed to be docile, as a Nigerian citizen you don't even have the right to live your life because one drunk illiterate police or army with inferiority complex will snuff your life off you and there is no tangible headway or light at the end of the tunnel.
I noticed from the area I stay that the rich wants the poor to be poorer to serve them and to manipulate them, am against depending on anyone but if you can't help your neighbor, don't decieve him, let us always tell ourselves the truth. Youths now value crime as an escape route because they've been made to understand that their best efforts will amount to noting.
Another news is that fg is to borrow another 823billion naira in first quarter of 2019, please who did we offend?

Seriously when I see people fight over political issues and interest here, I only understand that there is no hope for Nigeria again, these polititians know that is why none of their children reside in Nigeria because they know what they've done, that is why when I saw the news of that fool stabbed during apc rally, I had no compassion for his useless soul cos he died in vain and you'll see some other fools will go on to fight.
Why can't we ditch all these old idiots and look within ourselves for a better option, most of these men won't be alive in the next 30 years, it is we and our children that will be reaping the seeds we are sowing now.
As for me, as far as I know my conscience is clear and I contributed noting bad to this country, I'll never follow you guys to suffer it period.

Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by SEGLIZ: 7:11am On Jan 11, 2019
Makawhizzy:

Go to your bank and ask or call your account officer for rates and terms. Compare like three banks before settling for the one you prefer

alright thanks.
Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by kenostika(m): 7:12am On Jan 11, 2019
When you have a country filled with wicked and evil humans.This is what you get.Mediocrity celebration will continue to destroy this country.No hope at all.

1 Like

Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by unite4real: 7:12am On Jan 11, 2019
Makawhizzy:

And I guess you skipped the part where it reads TB reduced so we can borrow more internationally abi because we are also helping to reduce inflation in China, Europe and America. Since money is so much in Nigeria you can tell me why the average man on the history who is apolitical is cursing buhari who deceived them with all promises cancelled

When u borrow in foregn currency, you hedge against inflation and foreign exchange movement. Look, I think I am responding needlessly. People are busy investing their monies in this opportunity and those that see government the way homes are run, wonder why they will be earning fat salaries and are still borrowing. Government ways are not same. Study this and key into this opportunity
Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by fams22: 7:14am On Jan 11, 2019
APC campaign money has finished.
Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by unite4real: 7:16am On Jan 11, 2019
hustla:



Two mumus
Una no even know Wetin Treasury bills be
Smh

U read my first line and called me mumu without reading completely to see that I was supporting the Treasury bills investments. Go through my profile on nairaland and you will see all my post concerning this. I bet if you are on the Treasury bills forum, you will identify me by my moniker. Don't just insult people. I have been doing Treasury bills for past 9 years and and I have also applied for next primary auction for next week Wednesday.

3 Likes

Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by Genuine222: 7:17am On Jan 11, 2019
See prove below!

Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by ademicon147(m): 7:21am On Jan 11, 2019
It good enough te author=TrendingAccount post=74648910]The federal government of Nigeria is set to borrow N823 billion from the domestic economy in the first quarter of the year 2019 (Q1’19) through treasury bills which will be issued by the Central Bank of Nigeria (CBN).

The Apex bank disclosed this in its treasury bills (TB) issuance programme for Q1’19 which was released yesterday. The fresh TBs to be issued during the quarter comprise of N51.5 billion worth of 91-Days TBs, N164.9 billion worth of 182-Days TBs and N607.1 billion worth of 364-Days TBs.

The analysis of media giant Vanguard showed that from January 3rd to January 31st the CBN will issue N555.02 billion worth of TBs comprising N23.8 billion worth of 91-Days bills, N116.16 billion worth of 182-Days bills and N415.06 billion worth of 364-Days bills.

In February 2019, CBN will issue N268.7 billion worth of TBs comprising N27.8 billion worth of 91-Days bills, N48.8 billion worth of 182-Days bills and N192.1 billion worth of 364-Days bills.

But the amount of fresh TBs to be issued is N84.87 billion less than the N907.87 billion worth of TBs that will mature and also be repaid during the period, reflecting the FG’s decision to reduce domestic borrowing in favour of foreign borrowing.

The maturing TBs is made up of N59 billion worth of 91-Days TBs, N248.8 billion worth of 182-Days TBs and N678.1 billion worth of 364-Days TBs.

SOURCE: https://www.trendingaccounting.com/2019/01/fg-of-nigeria-to-borrow-n823b-through.html[/quote]
Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by Nobody: 7:25am On Jan 11, 2019
I just did 3 separate TBills investment 2 weeks ago cool
Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by FantasticJ: 7:25am On Jan 11, 2019
Makawhizzy:
We keep hearing remittances in trillions yet we borrow in billions

If you lack economic reasoning, don't comment on the subject onugo
Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by Nobody: 7:28am On Jan 11, 2019
One day they will sell this country.

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