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Debt Burden: No Sin In Borrowing — Presidency - Politics (2) - Nairaland v3h6a

Debt Burden: No Sin In Borrowing — Presidency (2073 Views)

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Iseoluwani: 7:04am On Jun 02
who is even giving us this money sef
judewrites: 7:07am On Jun 02
DLSReigns:
Keep deceiving yourselves. Why can't Nigeria be a lender.?or is it a taboo?

Sadly we aren't more of a productive but consumptive economy.
Harrynight(m): 7:08am On Jun 02
Mindlog:
cheesy cheesy cheesy


A typical Nigerian politician reaction to issues either in favour of it Or against it, depends whether he is benefiting from it or Not

1 Like

JASONjnr(m): 7:09am On Jun 02
Harrynight:



If Nigeria choose not to borrow like US and the Nig Government lives within it reach and revenue generated without borrowing will the country collapse?

How long do you think the internal generated funds can take Nigeria?

Will you be fine if the government atop subsidizing everything to be able to focus the money generated on development and public finance reforms?

Will.you be fine with tax increase?
muyico(m): 7:10am On Jun 02
Exactly
Nigeria must move forward, develop country do borrow nah
Kaybaba5(m): 7:11am On Jun 02
Who do us this kind thing Abeg?
ChybuzzDD(m): 7:11am On Jun 02
helinues:
Toh

Seems they've confused you in this matter and you don't know how to defend them and justify your monthly 30k

2 Likes

OracleJay411: 7:12am On Jun 02
The people want things done but dont want the president to borrow money to do them.
Is he gonna sh!t money to do them?
VaginaAcademic: 7:14am On Jun 02
No let my mama hear say you borrow money.
ORLAHOLUWA(m): 7:17am On Jun 02
Awon eyan portable
Na reach men Dey owe
Codes151(m): 7:19am On Jun 02
Clowns.
Then reduce cost of governance.

You that is driving about with 60 cars as convoys. SMH.

2 Likes

Gkay1(m): 7:22am On Jun 02
I pity all dis people wey dey borrow Nigeria money, den nor go see shishi collect
tommykiwi(m): 7:23am On Jun 02
Clowns in government.

2 Likes

uniquelyspecial(m): 7:28am On Jun 02
So we should encourage borrowing because it's not a sin?

1 Like

Brushstrokes20: 7:28am On Jun 02
Useless govt of self serving, insatiable, unrepentant LOOTERS 💯💯💯✔️✔️👎👎👎

2 Likes 1 Share

Santalpharay: 7:34am On Jun 02
JASONjnr:
Even US is borrowing with all their development and good economy.....


Do we borrow to develop or do we borrow and loot? That is the worrying thing

1 Like

TOPCRUISE(m): 7:35am On Jun 02
If you are the opposition you will see it as a sin
jojothaiv(m): 7:38am On Jun 02
Sheuns:
grin

Last week Tinubu said debt servicing had drop from 97% to below 40%, now Mr. Onanuga said it has dropped to below 60%. Who do we believe?

Let all politicians and political appointees get paid accordingly as civil servants and see if funds won’t be freed up to build “infrastructure”. Una dey fly new jet up and down dey tell us say you need to borrow to fund “projects”.

Kingzjayzee: 7:41am On Jun 02
adenigga:
…Says Tinubu laying foundation for Nigeria’s industrial base


Source: https://vanguardngr.com/Debt-burden-No-sin-in-borrowing-Presidency
e be like say brain dey pain this one. Which one be "we are a poor country..."
appini: 7:41am On Jun 02
I noticed that the APC has been on the defensive recently on all fronts.

1 Like

ibabz(m): 7:43am On Jun 02
I thought they denied it initially. They used one yeye English that the money they can borrow.

1 Like

prickursense: 7:43am On Jun 02
The size of the convenience store market in the US is $ 460 BILLION. Convenience stores are small super markets attached to petrol station, street corners and small mom and pop stores, not Big super markets. Why are we crying about burrowing $28 Billion, when we have the cash flow to pay for it. Unless we are saying we want to remain under-developed, then the Nay sayers have a valid argument, but we don't want that. So let us the progress towards rebuilding the infrastructure of NIgeria. You cannot build a country of over 200 Million people on Revenue from crude oil with Low prices, gas that is yet to be fully developed, agric produce, VAT and other Taxes. That is Why Tinubu is sure we are able to repay. Nigeria is not going to any debt precipice.
vybzkartel: 7:43am On Jun 02
I weep for dis kentry
udemzyudex(m): 7:44am On Jun 02
Buhari talk that one, yet na more debt he put us inside.

1 Like

aestake: 7:44am On Jun 02
JASONjnr:
Even US is borrowing with all their development and good economy.....

Electricity dey there oh.

1 Like

xtian110: 7:46am On Jun 02
They are all scammers
udemzyudex(m): 7:47am On Jun 02
JASONjnr:
Even US is borrowing with all their development and good economy.....

.

almarthins(m): 7:47am On Jun 02
Mindlog:
cheesy cheesy cheesy

One person, many faces. Minister of wetin e be again self ?

1 Like

aestake: 7:47am On Jun 02
Gkay1:
I pity all dis people wey dey borrow Nigeria money, den nor go see shishi collect
When they seize your people assets no cry o.
ClearFlair: 7:51am On Jun 02
helinues:
Toh

Shebi the younger generation will pay the gbese

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