"I'm not an expert in debt analysis. Honestly, the rate of our borrowing is increasing and is worrisome. But it is not the borrowing that is the problem as I always say, it is what you do with what you borrow."The rate of borrowings by the federal government is increasing and worrisome, Borno senator, Ali Ndume, has said.
The president, who is also of the APC, in a letter on Tuesday, sought the approval of the Senate to borrow another $4 billion and €710 million loan from bilateral and multilateral organisations to fund the deficit in the 2021 budget.
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Source: DailyPostNGR - 🏆 11. / 59 Read more »
Buhari transmits bills on gun control, importation of explosives to senateBuhari transmitted the bill in two separate letters dated the 26th and 27th August 2021 and read during the commencement of plenary by Senate President Ahmad Lawan on Tuesday.
Source: Daily Trust - 🏆 13. / 51 Read more »
Buhari, APC selling Nigeria - PDP condemns fresh $4bn, €710m loansThe Peoples Democratic Party (PDP) has declared that President Muhammadu Buhari and the All Progressives Congress (APC) administration are selling No shame.. You coming back is a demostation of craciness... What, burrowing again...
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APC chieftain, Nwagwu begs Buhari to release Kanu, tasks Igbo leaders on unityHon Destiny Nwagwu, former House of Representatives candidate for Aba North and Aba South Federal Constituency of Abia State, has called for the
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Why Buhari’s govt has been borrowing – APCThe ruling All Progressives Congress (APC) has said the Buhari administration is obtaining loans to finance the deficit in the 2021 budget and develop critical infrastructure in the country. Imagine using loan to finance budget deficit. APC could open their corrupt mouth to mention infrastructure that has not been feasible or improve Nigeria economy for the past 6 years of Buhari's govt. Almost every fiscal year in Buhari's govt is always deficit. Not even balance budget. Because this APC govt hardly do they have surplus in a fiscal year.
Source: Daily Trust - 🏆 13. / 51 Read more »
BREAKING: Fani-Kayode in Aso Rock as Buhari welcomes him to APCA former Minister of Aviation, Femi Fani-Kayode, has returned to the ruling All Progressives Congress (APC). Wonders shall never end.. After all the insults and abused against APC led government and always criticizing Mr president.. He now joined them.. There's says 'if you can't beat them join them'... Our politicians are jokers Go through your leaders. These are your leaders. Anyone who’s attacking any course to destroy these organized criminal syndicates, including the template they’re using(Nigeria) is blindsided fool. Better for him.
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