Nigeria Under Buhari Not Generating Enough Funds – Senate President, Lawan Laments Rising Loans | Sahara Reporters

The Senate President, Ahmad Lawan, has said that the National Assembly is concerned about the mounting debts of the country resulting from persistent borrowings.Also, the Director-General of the Debt Management Office , Patience Oniha, said Nigeria’s public debt is N38.01trillion or $92.63billion as of Q3 2021.

Speaking with journalists on Wednesday in Abuja, Lawan, however, said the country needs to generate more revenue to reduce its borrowing. “But what do you do when you are not generating enough? We are concerned about our level of borrowing, and the best way to reduce it is to get funds from independent sources.Lawan also boasted that the National Assembly under his leadership had stabilised Nigeria’s economy and polity.

With all the increase in all the sectors and they're still complaining that they don't generate enough funds! Honestly speaking this Buhari government is a joke and junk.

Awoh! Lawan na u talk this one? Okay.... Election dey around the corner and Buha go soon comot. No wonda u dey talk like dis.

Hmmm

You people are eating most of what is available

Enikure

The only fund they are generating is collecting 45,000 & 55,000 from travellers coming into nigeria, just for nothing. Criminal country trying to teach citizens morality.

Did l hear you well? Stop that break dance and continue the borrow and share. Are you not the one giving approval to all loans?

You have been taken N30m monthly? Oga rest!

superstar_knas Wetin Fulani man fit manage apart from cow?

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Barrel of crude is $85 which other excuse do you need ?

Big shame on you for saying this. You are just waking up.

So disheartening!

Then he should resign now

Why is he complaining? It seems our legislative arm don't know what they are doing in the upper Chambers. After approving the loans for the executive arm, you are complaining. This country na cruise.

Continue with your delusion... shame

After lamenting, he will still approve his loan request again

IGR is taxation. Government profligacy obliterates the virtues of ordinary citizens paying taxes as a duty. It's a catch22. The lifestyle of public officials also does not help in the argument for ordinary citizens to line up without a gun to their heads to pay tax.

You are indirectly tryna tell us that APC ain’t looting enough. 2023 is loading…

Are u serious?

Adamu

Now he is talking

Today in The Guardian – FG lifts Twitter ban after 222 days, ₦546.5b economic losses. Get a copy on the newsstands. DrAhmadLawan why Laments? You destroy Nigeria economy. TwitterBan Buhari Twitter Nigeria Africa

After you DrAhmadLawan have sheepishly and foolishly approved all unnecessary loan request MBuhari made? Nonsense!

Toh fa 🤔

Dis man is gradually becoming Ozuor

Here is a privilege for you to Make 2k - 20k a day on 86FB. You can make money as long as you want. Don’t doubt yourself

A government with no direction.. the only thing we get from this government is death and suffering.. it will never be well with y'all

That you are just knowing that when the administration is already ending is the height of incompetence. Shiooor

Elections are coming now they are making statement to save face don't fall for this you kept quiet for 2yrs now ur talking

See another animal talk. 🤦‍♂️

How can you expect that when you and your colleagues are busy approving loans ...... continue you thinking your doing us ....

Is he not the one approving the borrowings? Ndi Ara!

You people want to increase tax again? What are you waiting for, just increase tax!

With all this increment in every things so haha

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