2020 budget: Buhari seeks Senate’s nod for N850bn loan

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The President, Major General Muhammadu Buhari , has asked the Senate to approve N850 billion loan for the Federal Government to enable his administration to fund the 2020 budget.

The Senate President, Ahmad Lawan, read the letter after a closed session with members when the red chamber resumed plenary on Tuesday.

The President said the loan would enable his government to adequately finance projects in the 2020 budget.

 

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You for kuku sell the whole nation

Till una wreck this country we nogo hear word bunch of fools

Snr almajiri president.

Thief’s

He no dey shy to borrow money

And yet we don't know how the stimulus package take go sef2 It is well

Another Fucking Loan ?

A lot of Nigerians and Africans dont pay any tax. Instead of widening the tax net, countries resort to loans as a stop gap measure. This is not sustainable.

Loan again? Kai i shake for this nation

Is that why they came back. All this govt has done is to borrow borrow borrow and we no de see the result of borrow

Who will pay all these endless loans....Buhari just want to make sure the future of this country remain blurted. Scrap house of Rep, scrap that constituency allowances and security vote to governors. A borrower is always a slave to the lender.

All this money still we're not seeing the impact the huge Amount still no single development.

The news is stale, it has been approved already

The only thing this cronyism govt knows is how to do borrowing, nothing but that. Borrow borrow govt.

All this money still we're not seeing the impact the huge Amount still no single developmen.

The senate can only be Daft if this is given a Nod knowing fully well that its misappropriation is eminent

If crude oil want make e be 1dollar per barrel, we go dey borrow to pay our senators and buhari....my own b say make we sell Nigeria bcos na our unborn kids go suffer dis tin

Very soon, they will put up this country for sale

Nigeria for sale. 🤔

Hmmmm

PRESIDENT ONIGBESE. Borrow borrow make me shine. Even if they approve the loan, will the funds be properly utilized? NO. So called PRESIDENT integrity.

Here we go again... 😏

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