Buhari Seeks NASS Approval For Fresh N2.3trn External Loan

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President Muhammadu Buhari has written to the National Assembly for the approval of a fresh 2.343 trillion naira external loan. The money is meant to part-finance the budget deficit of 5.602 trillion Naira in the 2021 budget. President of the Senate, Ahmed Lawn read the letter during plenary on Tuesday. The President is … Continue reading Buhari Seeks NASS Approval For Fresh N2.3trn External Loan

President Muhammadu Buhari has written to the National Assembly for the approval of a fresh 2.343 trillion naira external loan.President of the Senate, Ahmed Lawn read the letter during plenary on Tuesday.

The President is requesting for the resolution of the National Assembly for the implementation of the external borrowing of 2.18 billion dollars in the 2021 Appropriations Act. President Buhari further stated in the letter that the 2021 budget provides for 4.686 trillion as new borrowing to part-finance the 2021 fiscal deficit of which 50 percent is specified as new external borrowing.

The loan is to be sourced from a combination of sources namely multilateral and bilateral lenders, the international capital market through the issuance of Eurobonds. Also the Speaker of the House of Representatives, Femi Gbajabiamila, read the same letter from President Buhari to the lawmakers.

 

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Can your generation ever experience peace... Since you're on loan for the rest of your life

Baba borrow borrow

What a fresh hand of this our new bihari

Are we sure we're not being sold already?

Na waaoh for naija

Mr Buhari Kennan

My question is,what is the loan for?

O load of Messi

I don’t understand. The loans and monies given to this Govt for security and arms have not been accounted for but same NASS will approve this again? Don’t see how this NASS leadership won’t end up on jail o

See Money, wat are they using all this to do nahhhh😟😟😟

You are still borrowing when you are yet to settle China

Always borrowing to squander

This criminals hiding under this government are the ones collecting this loan not same president Buhari we know or his brain is no longer functioning

This one won’t get tired of ruining the country future.

Our almighty rubber stamps Senate President, óya come and STAMP this loan for Buhari ? NEXT LEVEL of Buhari government is a reality

heheheheh (laughing in Mandarin) ma new chinese name iz Lee or mulan in case we wake up one dae as chinese property.

With request and approval of unutilized loans running into trillions by Buhari and National Assembly, I suspect these people have serious hidden agenda which if exposed will sent shivers to the spines of all people.

Why loan again!!!!

No be juju be that

Yeye tweet

ᴘᴇᴅʀᴏ sᴀɴᴄʜᴇᴢ, sᴘᴀɪɴs ᴘᴍ ᴄᴀɴᴄᴇʟᴇᴅ ᴀɴ ᴇᴄᴏɴᴏᴍɪᴄ sᴜᴍᴍɪᴛ ɪɴ ғʀᴀɴᴄᴇ ᴛᴏ ᴀᴛᴛᴇɴᴅ ᴛᴏ ɢʀᴏᴡɪɴɢ ᴄᴏɴᴄᴇʀɴ ᴏғ ɪᴍᴍɪɢʀᴀɴᴛs ᴀᴛ ᴛʜᴇ ᴄᴇᴜᴛᴀ ᴄʀᴏssɪɴɢ, ʏᴇᴛ ᴏᴜʀs ᴅᴇғɪʟᴇᴅ ᴀʟʟ ᴏᴅᴅs ᴊᴜsᴛ ᴛᴏ sᴇᴇᴋ ᴍᴏʀᴇ ʟᴏᴀɴs.

🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭 No problm.. Nobody is going we wil suffer it together

Nigeria is finished 🤔🤔🤔

Jesus 🤣 🤣 🤣.... This man again!

What else That’s all he knows how to do. Weak president and mediocre.

It is now we will know if the 9th assembly is just a rubber stamp or not. All 4 One...

Nigeria economist ,those in the financial sector should prevail on Mr President and give him idea on how to make money within the economy without borrowing they should be patriotic and give useful advice to the president because the only way known to Mr president is borrowing.

Loan for wetin again? The previous ones una collect wetin be d result...na God go punish u dis evil and deaf bastard and ur cohorts...sohon banza kawai

This guy just dey cash out. Tuale baba🙌🏾😂

An oil rich nation taking all kinds of crazy loans, mortgaging the future of generation of Nigerians to come for the avarice of the Caliphate and its minions.

God will save Nigeria.... it's well with us

Buhari would end us in debts that our generations generations won't be able to pay up, what a president n his fable cabinet.

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This is unfortunate, Nigerian future would be sold out. Generation of Nigerians would be paying debt...say NOTOLOAN. Let us look inward we would have a way to solving our economic challenges than taking loan.

Borrow borrow don enter this man brain, he still dey France dey seek Mass approval to borrow money...how can he understand the so called summit

Let them sell Nigeria and give me my share

Hmmm do you wnt to sell nigeria into slavery or all dos loans re nt repayable. Haba

Borrow and use the money to pay bandits and terrorists abi. Wicked amd clueless ruler.

Dem use loan do this government regime

I taya to comment

When those that borrowed the money to share have passed on, the ones that benefitted nothing would indirectly still pay with their future.

🤦🤦🤦

This man go soon put Nigeria for Ebay

Abeg which people dey give dem the loan sef? Are they crazy? Dem no dey pay first gbese before dem give another one?

That's not good for the Nigerian economy

That's bullshit

If MBuhari is dead or dumb can't ProfOsinbajo address the country too? This country is doomed.

We should use Iboris loot to sort some of our issues or invest

Dont give him, they will share it pls

That’s the only thing he knows how to do better

I can see the future It will get approval. Cos that generation won't be the ones that have to pay back.

I give up on this country

Another loan again ? May God saves us from this unpatriotic government that knows about the elementary economics. The only language understand by this regime is loan and borrowing . Is a Pathetic that we ends up with this clueless and illiterate government.

Papa loan.. They do u

Borrowing for what purpose (s) please ... This Nigeria don tire everybody

These people are not well to oo

Bandits, terrorists and kidnappers would benefit most. I wonder!

As we miss Yaradua during Jonathan time in office, and missing Jonathan during Buhari’s regime... May we not see anything that will make us miss buhari

Hmmm....Sai Baba!🙌🏽

We are doomed 🤦‍♂️

MBuhari led administration has bastardized this country that it will take divine intervention for us as a nation to get on our feet again. Please,if you can leave this country pls do. They have mortgaged both born and unborn Nigerians

Hahahaha

How does Buhari led government plan to repay all those borrowed loans?

Oh, this Nigeria president just want to run the country down.

Don't approve it for him we don't see the impact of the previous loans so far. The economy is still unbearable

Give account of the past loan

Thunderbolt on you

Again!😲

Criminal

Why has borrowing become a tradition. We rearly feel any meaningful economic effect of the excess GEARING.

It is finished

This man is determine to finish Nigeria patapata. Who use this man again the masses 😌

Are u sure this guy isn't funding an agenda... E.g muslimification of Nigeria. All this his affiliations with turkey, niger and co. This one has no concerns for Nigeria.

I can now see why his cows didn't increase, from his first tenure till his second coming. If you know, you know.

More cash out sir 🤦‍♂️

Again

AGAIN?

They called bukolasaraki a fraud because he tried to checkmate the Executhief... I hope we are enjoying this debt roller coaster.

Can we just sign a bill to stop this havoc loan

Criminal. Are you not filled yet?

Hehehe. He should just sell the country 😂😂😂😂😂😂

Dis aboki just wan put Nigeria for igbese ,

Upon all the money they are borrowing, there no progress in our economy. If l may guess the bandit is requesting more money from the sponsorer.

🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣😍 SCAMMED

You have been scammed by femi ADESINA and GARBA SHESHU

Okay. Is this money going to be enough? Maybe we should borrow more!

Another loan? I am sure the Creditors will lose out when the debtor ceased to exist .

Wetin una dey use this loan do😒

hahahaha

Lass lass dey go soon come pack all of us for slavery

Kuma dai

Hope he has the money stashed up somewhere, cos I can't see it anywhere

Borrow borrow

This country has been sold.. Take it or leave it 🏴

😳

Another Loan again. Can't our leaders think of a better source of income rather than loan? At the end of Buhari's tenure might become slaves Fa...

When we have a rubber stamped senate, what do we expect.

Hope buhari and his crew will be able to sell enough cows to payback d loan...or what is the plan on generating d funds to payback d loan?

They don sell our future!!!......na only God fit save us

stephdigital they will use you to repay Chinese and Brazillian loan.

😭😭😭😭😭

This is what they knows how to do best.

Perfect

Make dis man nor go use Nigerians do collateral.

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Again Can't we look inwards

This is not Buhari. It's the cabal running the organised crime in his name

Who do Nigerian this thing? Chai😭😭😭😭😭😭 dept unpaid yet he is seeking for another. Hummmmmm

Again?

All these money you are borrowing,who's going to pay it? And you are 70....80yrs? Leave funds to ur children not bills

Buhari that has received alert since Monday far before calling that stupid Lawan to perform his 'rubber stamp' duty.... Nigeria has been sold.... Na d money dem dey collect small small so...

We only heard or read when FG wants to borrow. Nobody hears when they are paying. I am tired of this borrowing borrowing of the FG.

Pls make una sell this country share the money make we kukuma go find another country where we can have peace ✌️

We need to investigate who is really borrowing this money. The so-called president is sick and few individuals are taking advantage of it.

Another scheme that will unite the elite.... Enough debt to share around.

All the money this man dey collect. Weytin he use am take dey do? What kind of borrowing gorventment is this nau?

Making it impossible for any future leader to make it right with this country.

This country is finished

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