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Nairaland Forum / Nairaland / General / Politics / Reps Suspend Buhari’s $22.79bn Loan Consideration Indefinitely (31369 Views)
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Reps Suspend Buhari’s $22.79bn Loan Consideration Indefinitely by engineerboat(m): 10:17am On Mar 12, 2020 |
The House of Representatives has indefinitely suspended the consideration of the $22.79bn external loan request by the President, Major General Muhammadu Buhari (retd.). https://punchng.com/reps-suspend-buharis-22-79bn-loan-consideration-indefinitely/ 22 Likes 4 Shares
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Re: Reps Suspend Buhari’s $22.79bn Loan Consideration Indefinitely by engineerboat(m): 10:18am On Mar 12, 2020 |
PapaBaby: Pepper and tomatoes 39 Likes 1 Share |
Re: Reps Suspend Buhari’s $22.79bn Loan Consideration Indefinitely by PapaBaby: 10:22am On Mar 12, 2020 |
91 Likes 1 Share |
Re: Reps Suspend Buhari’s $22.79bn Loan Consideration Indefinitely by alizma: 10:22am On Mar 12, 2020 |
That is good, borrowing money at this time when oil price is crashing and some million of crude are hanging on water without buyer is not ideal. 98 Likes 1 Share |
Re: Reps Suspend Buhari’s $22.79bn Loan Consideration Indefinitely by FactBoyz: 10:23am On Mar 12, 2020 |
Good 3 Likes |
Re: Reps Suspend Buhari’s $22.79bn Loan Consideration Indefinitely by Officialgarri: 10:25am On Mar 12, 2020 |
I can see a part of the loan is meant for electricity. Fellow Nigerians, what if this loan could solve electricity problem by 70%, should we not agree with the FG to take the loan? 12 Likes 10 Shares |
Re: Reps Suspend Buhari’s $22.79bn Loan Consideration Indefinitely by lilprinze: 10:25am On Mar 12, 2020 |
The earlier the better. 3 Likes |
Re: Reps Suspend Buhari’s $22.79bn Loan Consideration Indefinitely by obailala(m): 10:26am On Mar 12, 2020 |
TylerDurden:What's the origin of that info?.... 40% consultancy fee? $9 BILLION consultancy fee will be paid to people who will help secure the loan?... Does that even make sense to you? 46 Likes 3 Shares |
Re: Reps Suspend Buhari’s $22.79bn Loan Consideration Indefinitely by CharleyBright(m): 10:26am On Mar 12, 2020 |
Good. No show for the Saintly Crook in Aso Villa. Let him and his cronies go and finish plundering the Abacha loot they recovered and have been stealing and refused to accounts for. Borrow Borrow President. ... Borrow for left, borrow for Right, Borrow for Center, Borrow everywhere. Them carry debt swear for you? Abeg make your useless tenure finish, make u carry your life enter Kuje prison. 92 Likes 5 Shares |
Re: Reps Suspend Buhari’s $22.79bn Loan Consideration Indefinitely by engineerboat(m): 10:30am On Mar 12, 2020 |
Officialgarri: And you think they will use it for electricity. The current electricity generation had not been successfully used by the Discos what is the federal government doing about it. When we generate about 3000mW and Disco will only decide to collect 1500MW the remaining waste 156 Likes 6 Shares |
Re: Reps Suspend Buhari’s $22.79bn Loan Consideration Indefinitely by TylerDurden: 10:32am On Mar 12, 2020 |
obailala: The Guardian. I will link the source here for you And are you still trying to rationalize a govt that is rehabilitating repentant Terrorists, proposing Fulani Colonies and pushing laws that will get you executed over your free speech? 65 Likes 1 Share |
Re: Reps Suspend Buhari’s $22.79bn Loan Consideration Indefinitely by TylerDurden: 10:45am On Mar 12, 2020 |
obailala: Here is the link https://guardian.ng/news/furore-over-alleged-exclusion-of-south-east-edo-from-22-7b-loan/ 54 Likes 4 Shares
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Re: Reps Suspend Buhari’s $22.79bn Loan Consideration Indefinitely by Asapchris(m): 10:54am On Mar 12, 2020 |
Officialgarri: As if the loan they been borrowed yield any positive results. 63 Likes 2 Shares |
Re: Reps Suspend Buhari’s $22.79bn Loan Consideration Indefinitely by TylerDurden: 10:55am On Mar 12, 2020 |
Officialgarri: Whatever happened to that rubbish mantra that you zombies used to spin that Buhari was booted out as HoS because he refused to take IMF loans. It should be crystal clear to you zombies that Buhari is nothing but a muscle man to the Rothschild banksters. He is here to collect on behalf of the Jewish banksters! 52 Likes |
Re: Reps Suspend Buhari’s $22.79bn Loan Consideration Indefinitely by StaffofOrayan(m): 10:56am On Mar 12, 2020 |
Officialgarri: hahahaha yeah right and the $500m for NTA Abegiii 40 Likes 1 Share
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Re: Reps Suspend Buhari’s $22.79bn Loan Consideration Indefinitely by MrStan11(m): 11:19am On Mar 12, 2020 |
Better. We re reentering recession. Back to back under Bubu 9 Likes |
Re: Reps Suspend Buhari’s $22.79bn Loan Consideration Indefinitely by Racoon(m): 11:24am On Mar 12, 2020 |
Nice one.What have the previous borrowings achieve? 19 Likes |
Re: Reps Suspend Buhari’s $22.79bn Loan Consideration Indefinitely by slimfit1(m): 11:32am On Mar 12, 2020 |
We will start looting senators house soon. The Treasury is dry. 4 Likes |
Re: Reps Suspend Buhari’s $22.79bn Loan Consideration Indefinitely by obailala(m): 11:50am On Mar 12, 2020 |
TylerDurden: TylerDurden:Who takes a loan of $23bn for projects and pays $9bn (amounting to 40% of the total sum) as consultancy fee to people who facilitated the loan? Oga, the government may be inept, the government may be useless, the government may be stupid and you may detest the government like a large majority of Nigerians justifiably do; but then, is it any nonsense article you read online that you just believe? Meanwhile you talk about rehabilitating terrorists as if it's a new thing unique to this government. Rehabilitating prisoners or militants or terrorist fighters 'who willingly surrender' is international law; it may be distasteful, but that's unfortunately how things work (the soldiers should have shot them on the heads instead of capturing them). Even the 'more rational' PDP government of GEJ before this one also did the same nonsense. 4 Likes 1 Share |
Re: Reps Suspend Buhari’s $22.79bn Loan Consideration Indefinitely by SultanOfPuna: 11:57am On Mar 12, 2020 |
Coi |
Re: Reps Suspend Buhari’s $22.79bn Loan Consideration Indefinitely by ursullalinda(f): 11:57am On Mar 12, 2020 |
Why.....Nooo..... take it so that we will pay back with Buhari's family as a token when the time comes....men who a supposed to be protecting us .....are the ones destroying us. 5 Likes |
Re: Reps Suspend Buhari’s $22.79bn Loan Consideration Indefinitely by DirtyGold: 11:58am On Mar 12, 2020 |
May their conscience continue to visit them, may their interests continue to conflict and may there always be confusion/disagreements amongst them for the benefit of Nigerians because the kind of decisions these vampires called politicians make on our behalf leaves one really dumbfounded and the saddest part is that the people can't collectively do anything about it. What's tha business? 11 Likes 1 Share
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Re: Reps Suspend Buhari’s $22.79bn Loan Consideration Indefinitely by Nasir123(m): 11:58am On Mar 12, 2020 |
Nice one! These guys should totally forget about this loan of a thing. 6 Likes |
Re: Reps Suspend Buhari’s $22.79bn Loan Consideration Indefinitely by Finnese001: 11:58am On Mar 12, 2020 |
Re: Reps Suspend Buhari’s $22.79bn Loan Consideration Indefinitely by iammo(m): 11:58am On Mar 12, 2020 |
Ghen Ghen... Gbajabiamila na man you be, Buhari wanted to distract us with Sanusi, and Oshiomhole wahala so that he can perpetrate the fraud of the century . 7 Likes |
Re: Reps Suspend Buhari’s $22.79bn Loan Consideration Indefinitely by wonuks(m): 11:58am On Mar 12, 2020 |
Re: Reps Suspend Buhari’s $22.79bn Loan Consideration Indefinitely by Elslim: 11:59am On Mar 12, 2020 |
Tinubu geng.... 4 Likes |
Re: Reps Suspend Buhari’s $22.79bn Loan Consideration Indefinitely by DaBogu: 11:59am On Mar 12, 2020 |
Policies Nigerian can adopt to withstand current economic Turbulence Fiscal policies 1. Remove subsidy from petroleum products 2. Higher Euro-bond issuance 3. Tax Cut 4. Adjust the budget to reduce wastage Personnel cost for Budget 2020 for MDS's alone is 2.83trn and aggregate expenditure is 2.78trn Monetary policies a. Naira Devaluation will make export more competitive and appear cheaper to foreigners which will mean impotrs such as petrol, food and raw material will become more expensive. This will reduce the demand for for imports b. Hike MPR to 20% to attarcat FPI's reduce LDR to 60%, increase liquidity ratio to 35%-40% c. Increase allocation to health by at least N200B d. Use NTB to support FAAC allocations e. Capital control d. CBN should limit government financing 14 Likes 2 Shares |
Re: Reps Suspend Buhari’s $22.79bn Loan Consideration Indefinitely by Dee60: 11:59am On Mar 12, 2020 |
Senate needs to be totally scrapped. In the last 10 years or so, we have seen house useless the bloated Senate is.... 3 Likes 2 Shares |
Re: Reps Suspend Buhari’s $22.79bn Loan Consideration Indefinitely by Afromentalist: 11:59am On Mar 12, 2020 |
Old Buhari wants one last coup to secure his family and lineage for life at the expense of nigerians born and yet unborn. The best way to create generational wealth is OPM. Other people's money. The African Mentalist 4 Likes 2 Shares |
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