He said,"The $30bn loan the Federal Government is sourcing for is not one of those frivolous loans; this is a loan that is tied to projects.”Chairman, Senate Committee on Finance, Olamilekan Adeola, has said that President Muhammadu Buhari needs the $30bn loan for capital projects.He said,"The $30bn loan the Federal Government is sourcing for is not one of those frivolous loans; this is a loan that is tied to projects.
”This loan is needed to fund landmark and ambitious projects such as the Lagos-Ibadan Expressway, the East West Road, the Second Niger Bridge, among others."So, it is only if government access this loan that we can give all these great projects the right direction. "Again, the government needs this loan to execute those projects that would impact and transform the economy and put the country on the path of progress. So, the loan is necessary.”
He said concerns raised in some quarters about the loan were not necessary, as the facility was needed to promote the economy. He said the return of the budget cycle to January to December would significantly promote the development of the country.
The next president after this man is f**ked
This Lagos Ibadan Express Road that is unendingly under construction, does it lead to paradise?
SMH. Dey take 50 (pos blablabla) 4rm business & call it government money. Allocate billions in d name of renovations 4 easy access........, dey take loans (deeper and deeper into gbese), dey call it 4 infastructure. Please are they fighting corruption or it's d other way around?
General is killing us gradually by the time his regime finish Nigeria we be left in total mess 😭😭
If we ever allow Federal Government to borrow this funds for a so called developments. It means Nigerians are the most useless People in the world..
Federal government with Lagos 🤔
MBuhari NGRSenate 😄😄😄😄😄😄😄😄 Mr integrity Mr Integrity, i hail o baba
MBuhari NGRSenate We just have final consumer as PRESIDENT
The (Jubrilbuhari & Fulani Sunni Muslim Cabal) shouldn't be allowed to access that loan, the will share it among themselves.
Hmmm
MBuhari NGRSenate MBuhari your problem is illiteracy how can you borrow US$30 Billion just to RE-Build Lagos Ibadan Expressway! then use Oil revenue NGN30 Billion to Renovate National Assembly, how much then will you borrow to FIX Lagos Ogun Ondo Benin Delta Anambra Imo Abia expressway? STUPID
MBuhari NGRSenate People are only skeptical because the “steal it all” characters of the PDP has made it impossible for them to trust politicians no matter their good intentions. Buhari is different and with time, 🇳🇬ns will realise so but it will be after he has left office
MBuhari NGRSenate This regime (Apc led federal government) had been borrowing billions of dollars, but nothing to show for it, the borrowed and share among themselves, Nigerians should resist excessive borrowing by general Buhari regime.
He is mad oo
MBuhari NGRSenate Madness
MBuhari NGRSenate So! The loans they have been collecting are frivolous loans?
MBuhari NGRSenate If that loan is not tied to giving NiGerians 24/7 light then should just keep it
MBuhari NGRSenate Even with the level on work done so far on Lagos - Ibadan , we still need USD 30bn, Lord have mercy on us o.
They should borrrow it from Davido
MBuhari NGRSenate Nigeria is in a boat of dupe.
MBuhari NGRSenate 🧐🧐🧐🧐Alooter continua...
MBuhari NGRSenate Liars
MBuhari NGRSenate That road no dey ever finish o..
MBuhari NGRSenate AishaYesufu Who is fooling who? Are this people building roads to heaven that its taking them 59 years.This is a deliberate act by all the president that ever ruled Nigeria. Does it mean this Presidents dn't have any thing to do for masses other than unfinished road project?
MBuhari NGRSenate Ogbomoso express way is there where people dey die everyday of tanka explosion them no do, Ondo 2 osun express way is there them no do etc Na the one wey no even spoil baba dey requires urge amounts of money wey go finish all the bad roads in the country, Kate
MBuhari NGRSenate That’s 10,800,000,000,000 Kilode gan
MBuhari NGRSenate Borrow borrow government. Very soon China will colonize us in this country. What happened to generating funds, the tax companies pay every year, the revenue from oil and gas, what happened to them? Running the country with borrow borrow
MBuhari NGRSenate Please why allocating All this huge money in one region?!
When are we going to rest? In my country where leaders are joy killer Where pocket is what supersed national security Where journalist feed us with thier intuition rather than fact.. When are we going to rest?
MBuhari NGRSenate Plz how big is this Lagos - Ibadan Express way? Cos ayam not understanding again... The road is tied to every money that comes to this country
MBuhari NGRSenate 30bn dollars can fix all the bad road in Nigeria abeg.
MBuhari NGRSenate Lol that’s how the all said..kuku sell the nation
MBuhari NGRSenate I thought Lagos-ibadan is already on PPP arrangement
MBuhari NGRSenate Collect any collectable sir. We're solid behind you. If we perish, we perish. 😂😂
MBuhari NGRSenate Go to hell oga
MBuhari NGRSenate What kind of useless president is this,anyway you will end up in jail
MBuhari NGRSenate Na Them..
Buhari Needs $30bn Loan For Lagos-Ibadan Expressway, AND Renovation of the NationalAssembly | Sahara Reporters
MBuhari NGRSenate Oh God! Here we go again
MBuhari NGRSenate Good for that project
He should use the renovation money to start
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