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Nairaland Forum / Nairaland / General / Politics / Moghalu Criticises FG's plan To Borrow $1.5bn, buy SUVs For NASS Members (16677 Views)
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Re: Moghalu Criticises FG's plan To Borrow $1.5bn, buy SUVs For NASS Members by BigIyanga: 6:09am On Oct 17, 2023 |
nairalanda1:Abegi no everyone borrowed. OBJ paid off and got IMF to cancel most of our loans. He established DMO, enlisted Naija into global rating agencies like S&P, Fitch and co. GMB and co went to borrrowing spree for recurrent expenditure not CAPEX BAT is borrowing to money from IMF to payout stipend to Nigerians.. This is the same govt that could effectively locate Nigerians for covid palliatives?? |
Re: Moghalu Criticises FG's plan To Borrow $1.5bn, buy SUVs For NASS Members by nairalanda1(m): 7:26am On Oct 17, 2023 |
BigIyanga: Obasanjo paid off our debt as part of a debt relief offered several African countries. We only paid off one third, the rest was written off. Yaradua and GEJ also borrowed. Obasanjo too borrowed before 2006. At the end, we don't have a diversified enough economy. We are not a producer economy. We are an oil dependent economy who produces enough for limited revenue. I'm not here to play PDP Vs APC by the way. I'm here to tell you that our economy needs changes. We are a resource dependent economy. And yes, I don't like PDP or APC either. |
Re: Moghalu Criticises FG's plan To Borrow $1.5bn, buy SUVs For NASS Members by emmyN(m): 8:31am On Oct 17, 2023 |
NorthernAgender: Many of them are former governors with official car from their states too |
Re: Moghalu Criticises FG's plan To Borrow $1.5bn, buy SUVs For NASS Members by BigIyanga: 9:27pm On Oct 17, 2023 |
nairalanda1:So what what the debt profile under OBJ ..and PDP in 2015 vs APC in 2023? Yes all our politrickians arent saints… but some managed the economy better. |
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