Nigeria is shit hole Corntree according to Trump

They will soon collect loan from Taiwan

$1.5 billion was also tied to two projects in Nigeria, namely: Nigeria COVID-19 Action Recovery and Economic Stimulus – Program for Results (Nigeria CARES) and the State Fiscal Transparency, Accountability and Sustainability Program for Results (SFTAS).

I guess this is the reason for the second wave of Covid19

Bravejayh:
Why can't our billionaires contribute money and loan it to FEDERAL GOVERNMENT.

I am sure there are Nigerians having the $1.5billion looted and stacked away somewhere

Zeesugar:

Nooo we believe that the problem is for Federal government to bear alone

Or they (our billionaires) don't think it's a good investment. In the account that nothing works in our country. Country that made them billionaires in the first place.

I hope the useless world Bank wouldn't come throwing tantrums that Nigeria has defaulted on repayment. U see country wey looting na way of life for polithiefcians n u still dey bring more funds for loot. Nonsense

One starts wondering where the money is going to.

loswhite:
Zombies are always quick to compare Nigeria to US....smh

No be only zombies, na soapy.

toyetade:


I am sure there are Nigerians having the $1.5billion looted and stacked away somewhere

enough of them I would say, perhaps they are scared of coming out because of auditing.

what will happen in 2023, don't deceive yourself

Jesuyinka01:
I'm just waiting for 2023

Naira is about to fall further.

Before 2023 1 pound will be #1000

gurunlocker:
We can't even calculate how much this government have borrowed since 2015....

Still, nothing to show for it....

National Bureau of Statistics is doing it

That's why Buhari stopped funding the agency

Bravejayh:
Why can't our billionaires contribute money and loan it to FEDERAL GOVERNMENT.

after the huge tax they pay on goods and import duty

NOW GOING BY WHAT THE PROJECT IS TIED TO THAT MONEY IS GOING INTO PRIVATE POLITICIANS POCKETS FOR GOING BY THE COVID 19 SCRIPT THE DEMOCRATS AND CHINA GAVE YOU TO IMPLEMENT

What's the interest 9nnthe loan and for how long

A time will come when Nigerians will start to question the motives of these so called borrowers.

A government that survives on borrowing... God help us.

omoyankee3:
borrow borrow

...the OTELE is in Daura sipping nunu.

Buari is really a wrong man for Nigeria

Abduletudaye:
FTC

25K Ntel truly unlimited internet available..

How many months?

It's only a daft and visionless government that survive on borrowed money (loans).
Why do government have savings,it's because of the rainy days.A government without plans,hinged on financial recklessness is dead.
Even if they borrow the whole money in the universe, without the Awakening or stimulation of the economy,there will still be problem..
Okonjo iwealla should come to our aid.

Really?

SeriouslySense:
what will happen in 2023, don't deceive yourself

Nice one

We are doomed ooo

Jashub:
Our unborn children just inherited slavery

I don't know why these banks keep approving these loans. Have they paid back the once they borrowed before approving these new ones ?

AnonymousRebec:


I don't know why these banks keep approving these loans. Have they paid back the once they borrowed before approving these new ones ?

That is a question our past leaders have failed to answer since the inception of this country.

Jollylolly:
The government is carrying out some massive projects across the states; all these projects cannot reach completion without source fund outside; this is how even the developed countries sustain; they also borrow... USA is owing Saudi Arabia trillion of dollar as it stands, same goes to other developed countries

And they are negotiating with the terrorists to buy more weapons?

They pay Boko haram monthly salary while the minimum wage is 30k.
Una no won wise, until this evil gets to your doorstep. Keep on supporting evil

Again? After owing over N12trn since 2015. Jesus Heavenly Christ. What the hell is wrong with Buhari?

Another loot for the useless govt of self serving thieves and sadistic Tyrant!

North is seriously growing fat and big in this admin.

They have nothing to offer yet they have completely fooled and still fooling the south. Shedding small blood here and there help promote their cause.

U see southerners here ranting from morning till night. They think politics is all about rant.

It's the smarter player.
Trump case is typical example.