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Nairaland Forum / Nairaland / General / Politics / Buhari Is Pushing Nigeria To New Debt Trap - Punch Editorial (19330 Views)
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Buhari Is Pushing Nigeria To New Debt Trap - Punch Editorial by Omooba77: 9:22am On Nov 16, 2020 |
RENEWED alarm raised by some stakeholders over the country’s headlong plunge into debt demonstrates the precarious state of the economy and the need for an effective remedial strategy. While the Governor of Kaduna State, Nasir el-Rufai, private sector operators and federal legislators separately lamented that Nigeria was close to borrowing beyond its capacity to repay, the Federal Government was ramping up fresh borrowing plans. There should be a limit to borrowing: promoting productive and long-term investment offers a better option for reviving the economy. https://punchng.com/buhari-is-pushing-nigeria-to-new-debt-trap/? 19 Likes 2 Shares
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Re: Buhari Is Pushing Nigeria To New Debt Trap - Punch Editorial by Omooba77: 9:49am On Nov 16, 2020 |
Debt will not kill us, the irony is that most of those signing these debts/loans agreement are over 65 years, that at maturity they will be 6ft below. 93 Likes 6 Shares |
Re: Buhari Is Pushing Nigeria To New Debt Trap - Punch Editorial by IME1: 9:51am On Nov 16, 2020 |
All these awareness from different places, are the people in authority listening and learning and avoiding future problems? 17 Likes 1 Share |
Re: Buhari Is Pushing Nigeria To New Debt Trap - Punch Editorial by Nigeriabiafra80: 9:51am On Nov 16, 2020 |
I can remember when we were called all sort of names Because we refuse to support buhari Some said that is because their son is the VP today they want us to exonerate their son from the atrocities of this current government Waooo If you have never travel out of Nigeria,you won’t know that you are suffering rather in a big cage called Nigeria Dollar at the rate of 470 against 380 Rice in the south is costlier Borders in the south is close and opened for Dangote ,when the wailing was much they included bua They smuggle rice from out northern borders There by giving them upper hand to transport rice down south Just as they did to dollar business Dangote still get dollar in subsidy rate paid by poor Nigerians 161 Likes 11 Shares |
Re: Buhari Is Pushing Nigeria To New Debt Trap - Punch Editorial by Ayt27(m): 9:51am On Nov 16, 2020 |
And the Chinese are eagerly setting the Trap. If I was owning you money and I keep coming back to borrow money from you and you always continue giving me, if my senses were functional I should be wary of you. Especially when you have a history exploitation of people's resources on their farms. Who is it that gives with the right hand and takes with the left hand again? 44 Likes 2 Shares |
Re: Buhari Is Pushing Nigeria To New Debt Trap - Punch Editorial by tyson98: 9:51am On Nov 16, 2020 |
That man is a disaster ! 32 Likes 3 Shares |
Re: Buhari Is Pushing Nigeria To New Debt Trap - Punch Editorial by Nobody: 9:51am On Nov 16, 2020 |
Na wa, May God heal our Economy |
Re: Buhari Is Pushing Nigeria To New Debt Trap - Punch Editorial by Judah95(m): 9:51am On Nov 16, 2020 |
It's just the beginning. Nigeria has been technically sold out to foreigners 11 Likes 3 Shares |
Re: Buhari Is Pushing Nigeria To New Debt Trap - Punch Editorial by HenryThegreat1(m): 9:51am On Nov 16, 2020 |
PDP unable to pay her staff salary is more concern to APC. 8 Likes 1 Share |
Re: Buhari Is Pushing Nigeria To New Debt Trap - Punch Editorial by Nobody: 9:51am On Nov 16, 2020 |
Is this the same government Yorubas abuse igbos for not voting for? Sophisticated people indeed 92 Likes 8 Shares
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Re: Buhari Is Pushing Nigeria To New Debt Trap - Punch Editorial by vickydankal(f): 9:51am On Nov 16, 2020 |
Before 2023 Buhari May ask China to colonialise us with abeg or better still tell them to take over from him so that they will take their money from IGR. 3 Likes 1 Share |
Re: Buhari Is Pushing Nigeria To New Debt Trap - Punch Editorial by Godada(m): 9:52am On Nov 16, 2020 |
In hoping for a solution, Nigeria got herself into a bigger problem 8 Likes 2 Shares |
Re: Buhari Is Pushing Nigeria To New Debt Trap - Punch Editorial by Rugaria: 9:52am On Nov 16, 2020 |
I think it's intentional. I mean it's getting obvious! The plan seem to be to borrow as much money as possible to do all infastructural works in the north and when the next regime steps in, they will spend all their tme and energy trying to repay those loans.... Then another buharist will take over and start borrowing again. Obasanjo paid off the loans acquired by the Babangidas and the Abachas, then this....There is nobody that can claim to love this country that will hobble her down with this level of borrowing, especially when a huge percentage of those loans were used to do infastructural projects that benefits folks in Niger republic more than folks in nigeria. 85 Likes 3 Shares |
Re: Buhari Is Pushing Nigeria To New Debt Trap - Punch Editorial by MsAllison(f): 9:52am On Nov 16, 2020 |
tge is criminal terrorist buhari is the worst thing that has ever happened to the world 3 Likes 1 Share |
Re: Buhari Is Pushing Nigeria To New Debt Trap - Punch Editorial by Muhylonaire007: 9:52am On Nov 16, 2020 |
By the time this administration is over, you will pity the next administration, pity Nigerians and pity Nigeria sef. We are in a mess already 19 Likes 1 Share |
Re: Buhari Is Pushing Nigeria To New Debt Trap - Punch Editorial by HeadShot: 9:52am On Nov 16, 2020 |
Buhari destiny is to impoverish Nigerians and plunge the country to debt... While Yoruba Muslims cheer him on.. 41 Likes 2 Shares |
Re: Buhari Is Pushing Nigeria To New Debt Trap - Punch Editorial by MrCover: 9:52am On Nov 16, 2020 |
That's The Truth 2 Likes |
Re: Buhari Is Pushing Nigeria To New Debt Trap - Punch Editorial by thundafire: 9:53am On Nov 16, 2020 |
Deadmeat should come and blame 16years of waste,and should not be compared to 5 years oh,by the time Buhari is through with the country,we go know how far 9 Likes 1 Share |
Re: Buhari Is Pushing Nigeria To New Debt Trap - Punch Editorial by kayusely70(m): 9:53am On Nov 16, 2020 |
We Have Fallen Into Another Debt Trap 1 Like 1 Share |
Re: Buhari Is Pushing Nigeria To New Debt Trap - Punch Editorial by DennisEche(m): 9:53am On Nov 16, 2020 |
SO MANY TIMES I HAVE CALLED MY SELF TO REASON WHY BUHARI SO MUCH HATE NIGERIANS, IS HE PUNSIHING US FOR THE MANY TIMES HE TRIED TO BE PRESIDENT AND WAS REFUSED. PLS BABA BUHARI PLS FORGIVE US, THIS IS TOO MUCH. BEDT, INCREASE IN FUEL, ELECTRICITY HIKE,HIGH UNEMPLOYMENT,INSECURITYK,HUNGER. HABA BABA. 7 Likes 1 Share |
Re: Buhari Is Pushing Nigeria To New Debt Trap - Punch Editorial by Dexpro: 9:53am On Nov 16, 2020 |
Rugaria: You said it all. It's obviously intentional. We are in for a long and tortious suffering 24 Likes 1 Share |
Re: Buhari Is Pushing Nigeria To New Debt Trap - Punch Editorial by Officialhorlah(m): 9:53am On Nov 16, 2020 |
Slavery Debt trap Na him people go be slave Covik - 19 Man 8 Likes 1 Share
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Re: Buhari Is Pushing Nigeria To New Debt Trap - Punch Editorial by ablejesus26(m): 9:54am On Nov 16, 2020 |
ok e be scary tins oo i have never really fancied relocating from my own fathers land my own Country to another mans Land guy money dey dis Country i swear we have a very fertile ground for financial gigantism so why look for it in another mans land but with the way diz matter dey go i go begin consider am bcus e be like sey dis Demonic govt don sell Us to The highest bidder How did we get here how how why 6 Likes 1 Share
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Re: Buhari Is Pushing Nigeria To New Debt Trap - Punch Editorial by NaijaMutant(f): 9:54am On Nov 16, 2020 |
There's nothing to worry here since only Igbos and wailers will pay the debt. Our darling daddy should fire on Life of a zombie. 8 Likes |
Re: Buhari Is Pushing Nigeria To New Debt Trap - Punch Editorial by IamPlato(m): 9:54am On Nov 16, 2020 |
There is a group of ret@rded idiots that keep mentioning names of nairalanders who they claim are shameless and from the north, on this list is my name... This is how animals in human form keep spreading false information about people they do not know have never met all because you tried to tell them the bitter truth... They have no other plan that to spoil the imagine and name of people with a better intelligence than they have... The last thing one would do is argue with these pigs, some of them just copy our names into a list and shared it without minding to verify the information before passing... This is how you guys brought violence on Nigeria with false information during end SARS protest Some of these animals include DasaintHope gimakon, especially this idiot called Kirchoffs You better stop spamming nairaland or else you might regret your tomorrow... Be warned! 3 Likes 2 Shares |
Re: Buhari Is Pushing Nigeria To New Debt Trap - Punch Editorial by Princedapace(m): 9:54am On Nov 16, 2020 |
lol, Buhari doesnt know a shit about economy and he surrounded him self with people like him self all in the name of tribalism. The worse part of it is that southerners will pay more of the TAX used to service these loans. I dislike the political structure of Nigeria. 21 Likes 1 Share |
Re: Buhari Is Pushing Nigeria To New Debt Trap - Punch Editorial by Nbotee(m): 9:54am On Nov 16, 2020 |
Why won't he wen una carry Barrow pusher say make e com drive plane... Trap wey don catch us and we don lie down comfortably inside with blanket 7 Likes 1 Share |
Re: Buhari Is Pushing Nigeria To New Debt Trap - Punch Editorial by chatinent: 9:54am On Nov 16, 2020 |
Re: Buhari Is Pushing Nigeria To New Debt Trap - Punch Editorial by MisterGrace: 9:54am On Nov 16, 2020 |
I think Nigeria is already in the debt trap. 5 Likes |
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