Senate approves FG’s $5.51bn external loan request – Daily Trust

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Senate approves FG’s $5.51bn external loan request

Buhari had, in his letter to the Senate president and the speaker of the House of Representatives last week, said $3.4bn would be sourced from the International Monetary Fund; $1.5bn from the World Bank; $500m from the African Development Bank and $113m from the Islamic Development Bank.

 

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This majority and minority shit killing nigeria

What a joke of a country.. We need restructuring

Copy and paste senate.

Bus leaving for congo by tomorrow. Dm me

May God punish them

Let this people sell us and use the money for their private use instead of collecting these loans

Loan day by day. Haba😏 Una wan sell this country?!

This one just they approve loan anyhow, buy the time you'll borrow all our forth generation benefits finish. We shall see

E no go better for una ooo

22.7bn USD loan approved. Then 5.5bn USD approved. That adds up to 28.2bn USD! Compare this to our foreign reserves. Then add the national debt stock before these approvals... But the real question is; what are these loans for, if the last 5yrs have only aggravated poverty?

Rubber stamp!

Allah yasa da rabona a ciki nima

One day u guys will approves to loan this country out!! How many loan request has been approves for the past 5yrs now and how do u guys intend to pay all this loan?

The nation is gone .......

Again! What for?

I wonder this kind of administration full of borrow borrow of funds,and they won't use the money for something reasonable just to start giving us audio infrastructures, audio road building, audio this audio that..cant we just be better for once

Running Nigeria is like running a business. Many businesses survives at the mercy of loans. Taking loan is never a bad idea but it becomes absurd when it is not expended on ventures that will ease the repayment. Let our leaders be considerate

Rubber stamp

I think this 9th Senate is the worst thing that happened to Nigeria in History. Approving everything with no guts to dispute any.

Sick government who only borrowed money to pay salaries and nothing more

Wetin Nigerians no go see for the hands of this rubber stamp senate

RobberStamping

Follow me and I will follow you back we both gain followers ...

Useless clown. Senator Lawal is the worst Senate President in the history of Nigeria.

You guys are only good in approving loan. 😏😏😏

Set awon idiot lawmakers. One day, we’ll have to make a stand! One day, we’ll have to say enough and fight you all before you destroy this country!

Hmm

One day China or America will just enter Nigeria and pack everyone and turn Nigeria into slave trade

They have sold this country

Rubber stamp. Clueless bastards.

Why loan loan mtssw

Allah ya kyauta

This is madness, these guys wanna sell this country into slavery.

Don't complain you people voted him in

NigeriaGov borrow borrow! Still the majority citizens live in abject poverty; No jobs, no palliatives, no electricity, no hospitals, bad roads, poor teaching in public schools, ASUU strike, no security of precious life Very few officials get JUMBO PAY while the rest takes meagre

Nothing concerned me cuz the time for payment sev I won't know or will I have to contribute anything? No they will still pay it so non of my business if all the contribution that people made and Abacha refund is not enough for them then let them go and borrow What non sense 😏😞

Naija with borrow borrow! Still the majority citizens live in abject poverty; No jobs, no palliatives, no electricity, no hospitals, bad roads, poor teaching in public schools, ASUU strike, no security of precious life. Very few officials get JUMBO PAY while the rest takes meagre

We are done an dusted with this country, please to avoid further embarrassment less just sell the country right away to China

The rubber stamp senate, shouldn’t be surprise!

Thank God 🙏🙏 no one will inherit the money 💰 to his/her grave yard..

You guys are worse than the late Gen. Abacha in disguise🤦‍♂️🤦‍♂️

sixfo_grp Its DJ Khaled, Another one ☝🏽

They will always approved so long their share is given to them. But remember there's dooms day ahead for generation to come.

I wander the kind of adminstration full of borrow founds as a priority. after all the donations by generous people and also the Abacha found which was given to you guys by the US government still go ahead by given approval for foreign loan that will never be accouted fore.

It's well, what kind of borrowing is these

Foolish clowns ruling us!

I just pity Nigerians and the next administration

Immediately after the federal government released 27 billion naira to the National Assembly for 'Renovation' A coincidence? Ado ok!

They would very soon sale us this loan of a thing let him collect the loan last last na dem dem go pack am go😒😒

Bunch of clueless fools, all they do better is to get loan upndown and in the end they wll loot away all the funds. these men have no shame at all. no meaningful improvement in these country for so long with all the recovered loots. yet they keep getting loans n looting it away.

U fall for me I roll for you

Approving loans is all the do without performing the oversight function expected of them on the proper utilization of the borrowed fund

You approved $22.7b, you approved $5.5b... This clearly shows that the president and national members co rigged the last elections. ResignNow MBuhari nassnigeria NigeriaGov

This level of kwaruption is alarming, figure head senated

Sinzu Don cashout big 😂😂...this one Na confirm trading.. Abi Na bitcoin mining 🙄🙄

God is watching

Upon all the contributions they collected for corona...

'Robber' stamp Senate 😃😃

One day we believe Nigeria will stand on her fit as Nation.

Sinzu I see you

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