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Nairaland Forum / Nairaland / General / Politics / Nigeria To Borrow N510 Billion Via Bond Sale In Q1 2020 (13566 Views)
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Re: Nigeria To Borrow N510 Billion Via Bond Sale In Q1 2020 by NaijaOlosho(f): 4:19pm On Jan 15, 2020 |
Buhari sef |
Re: Nigeria To Borrow N510 Billion Via Bond Sale In Q1 2020 by AmazingELixir: 4:19pm On Jan 15, 2020 |
This herdsman sef....went to my banker to see if I can buy some bond in the present treasury issuing only to find out the rate is a meagre 3% I just waka comot from the bank. Nonsense and ingredients |
Re: Nigeria To Borrow N510 Billion Via Bond Sale In Q1 2020 by nedekid: 4:20pm On Jan 15, 2020 |
Justinlean02:see, if a government is incompetent and cannot manage the funds the have, the little you have will never be enough and you will chop it and take the easy way out which is to borrow. In real life don't you see people that what they have is never enough? They will borrow and borrow. But you give half of same money to who knows what he is doing and he grows the money debt free. 1 Like |
Re: Nigeria To Borrow N510 Billion Via Bond Sale In Q1 2020 by izzyboi(m): 4:23pm On Jan 15, 2020 |
Hope the government are aware of our increasing debt |
Re: Nigeria To Borrow N510 Billion Via Bond Sale In Q1 2020 by Nobody: 4:24pm On Jan 15, 2020 |
money don land
|
Re: Nigeria To Borrow N510 Billion Via Bond Sale In Q1 2020 by Tectono: 4:25pm On Jan 15, 2020 |
Hmmm!!! Nigeria is finished. Click on the links on my signature to know how you can make 200% profit from just investing in Lekki cheap plots of land. |
Re: Nigeria To Borrow N510 Billion Via Bond Sale In Q1 2020 by Ogbesinnaya(m): 4:28pm On Jan 15, 2020 |
How I wish the money borrowed are spent on something worthwhile |
Re: Nigeria To Borrow N510 Billion Via Bond Sale In Q1 2020 by benedictuyi(m): 4:32pm On Jan 15, 2020 |
owobokiri:. Oga name one country that doesn't borrow to fund its budget? If you're not familiar with bonds better not to say anything 2 Likes |
Re: Nigeria To Borrow N510 Billion Via Bond Sale In Q1 2020 by Bobyro: 4:35pm On Jan 15, 2020 |
If this country was sold out, it would even do better. |
Re: Nigeria To Borrow N510 Billion Via Bond Sale In Q1 2020 by owila4luv(m): 4:41pm On Jan 15, 2020 |
crownwealth: crownwealth: |
Re: Nigeria To Borrow N510 Billion Via Bond Sale In Q1 2020 by paix(m): 4:44pm On Jan 15, 2020 |
Ihutomi:You're sounding like a slave that has been sold but telling himself that his intestines are not for sale. 1 Like |
Re: Nigeria To Borrow N510 Billion Via Bond Sale In Q1 2020 by faoogoke(m): 4:45pm On Jan 15, 2020 |
benedictuyi: By the time you ask around many of those making comments here are supposed to be graduates! It is pathetic that they don't know why governments all over the world issue bonds are regular intervals. So sad for this country. 2 Likes 1 Share |
Re: Nigeria To Borrow N510 Billion Via Bond Sale In Q1 2020 by Samson3600(m): 4:52pm On Jan 15, 2020 |
As we can all see now that our ex-president Obasanjo saw this coming before he left office, but his effort to write-off our debt render useless. |
Re: Nigeria To Borrow N510 Billion Via Bond Sale In Q1 2020 by Ihutomi: 5:05pm On Jan 15, 2020 |
paix:u sound so out of context but I blem ur village people.akuna. |
Re: Nigeria To Borrow N510 Billion Via Bond Sale In Q1 2020 by gfregt: 5:10pm On Jan 15, 2020 |
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Re: Nigeria To Borrow N510 Billion Via Bond Sale In Q1 2020 by paix(m): 5:16pm On Jan 15, 2020 |
Nigeria is in another slavery, religious, political and economic. Nawa o, this country has been mortgaged. I thought the current crop of leaders came to salvage this country from the woes we're in, but unfortunately, they're plunging it into abyss. 1 Like |
Re: Nigeria To Borrow N510 Billion Via Bond Sale In Q1 2020 by seanjy4konji: 5:16pm On Jan 15, 2020 |
he sha no fit borrow from me?? na hin day curse him go deh collect...we don borrow from everybody. |
Re: Nigeria To Borrow N510 Billion Via Bond Sale In Q1 2020 by paix(m): 5:18pm On Jan 15, 2020 |
izzyboi:Keep hoping o. |
Re: Nigeria To Borrow N510 Billion Via Bond Sale In Q1 2020 by michoim(m): 5:22pm On Jan 15, 2020 |
owobokiri:Trash talk of hatred...but the same Buhari is building 2nd Niger bridge, in the east, with many kilometres of adjoining roads worth hundreds of billions of naira...think outside the box of hatred 1 Like |
Re: Nigeria To Borrow N510 Billion Via Bond Sale In Q1 2020 by Jeamillz2020(m): 5:24pm On Jan 15, 2020 |
This buhari family we sell Nigeria one day oo beware |
Re: Nigeria To Borrow N510 Billion Via Bond Sale In Q1 2020 by Jeamillz2020(m): 5:25pm On Jan 15, 2020 |
michoim:you be MUMU 2 Likes |
Re: Nigeria To Borrow N510 Billion Via Bond Sale In Q1 2020 by BreconHills(m): 5:27pm On Jan 15, 2020 |
owobokiri: Bros, the loan is naira denominated which means it's basically a stimulus injection into the economy. It will pay local contractors and their employees who will buy local goods. This is the only way you can inject cash without causing inflation. In the past after every FAAC meeting asset prices and fx rates would rise as governors push state money into stocks and housing. ( as well as into the Dubai route) People were shouting - the economy is booming not knowing it was an uneconomic bubble unbacked by any infrastructure or value. Today hate the infrastructure or love it, this money is not going into the stock market or new property estates and it certainly ain't going to Dubai - so what's not to like? We cant keep mistaking the absence of pain for progress. To those coming out with funny degrees that you know have nothing behind them and to those buying and selling and of course to all those who pack themselves as middle men into value chains, the sun ain't shining no more and long may it last till every single entitled person receives sense. 1 Like |
Re: Nigeria To Borrow N510 Billion Via Bond Sale In Q1 2020 by Nobody: 5:29pm On Jan 15, 2020 |
Yahoo Yahoo |
Re: Nigeria To Borrow N510 Billion Via Bond Sale In Q1 2020 by yommygift15: 5:29pm On Jan 15, 2020 |
The only reason I fall in love with this government, they don't steal big at once, bit by bit, trillions will be accounted to their disposal, (500billion ?) chicken change, time shall come they'll start selling our house one by one. |
Re: Nigeria To Borrow N510 Billion Via Bond Sale In Q1 2020 by Ustec: 5:37pm On Jan 15, 2020 |
That is how projects are being finance in the developed world if you don't know. |
Re: Nigeria To Borrow N510 Billion Via Bond Sale In Q1 2020 by Ustec: 5:46pm On Jan 15, 2020 |
BreconHills:Most of them are educated illiterates, Since the government know what they are doing, no problem. Even PDP's have kept quiet all of a sudden, cos they know all buhari has been doing is for the national interest, though a bit tribalistic in his appointments. Anybody that succeeds him will find it difficult to embezzle. |
Re: Nigeria To Borrow N510 Billion Via Bond Sale In Q1 2020 by yommygift15: 5:49pm On Jan 15, 2020 |
Ustec:the question is, must we borrow? |
Re: Nigeria To Borrow N510 Billion Via Bond Sale In Q1 2020 by Sinach0191(m): 6:10pm On Jan 15, 2020 |
This administration will leave a huge debt o |
Re: Nigeria To Borrow N510 Billion Via Bond Sale In Q1 2020 by symbianDON(m): 6:20pm On Jan 15, 2020 |
O!! not again!!! |
Re: Nigeria To Borrow N510 Billion Via Bond Sale In Q1 2020 by Dayoara: 6:45pm On Jan 15, 2020 |
Am sure by the end of 2023 There would be nothing left called Nigeria. |
Re: Nigeria To Borrow N510 Billion Via Bond Sale In Q1 2020 by staaari: 7:02pm On Jan 15, 2020 |
BreconHills:Your analysis is not correct. This is local debt(naira) which likely will come from PENSION FUND and other local institutional investors. Ideally, the government should use the money wisely and be able to generate REVENUE greater than the interest rate they want to pay back in 5yrs, 10yrs & 30yrs. But we know this money they want to borrow now through BOND is to pay back existing BOND that are already due. Conclusion: Mr. Buhari is running a PONZI scheme; which when it will eventually fail, will drag down the pension of Nigerians and the economy into a mess. 1 Like |
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