The Peoples Democratic Party says President Muhammadu Buhari has exhibited a culture of unexplained borrowings since he assumed power in 2015.
The PDP said the country’s debt profile which used to be at N12.12trillion in 2015 has grown to N24.38 trillion due to the President's culture of heavy borrowings and the lack of initiative to think up ideas that would make the economy productive. The party said: “Since President Buhari assumed office in 2015, there has been a culture of unexplained borrowings leading to a steep rise in the debt stock from N17.5trillion in 2016 to N21.72trillion in 2017 and a huge N24.387trillion in 2018.
“The President Muhammadu Buhari-led administration, therefore, has a huge explanation to make to Nigerians for its borrowing spree, especially as it cannot point to any meaningful development project into which the borrowed funds were invested.
MBuhari OfficialPDPNig Let's talk about lives we loosing everyday in our country before talking about MONEY
MBuhari OfficialPDPNig Then where are all the looted funds oga bubu had recover,what is it being used for
MBuhari OfficialPDPNig The debt wey PDP govt owe before PMB resume office or the one PMB borrowed? Which one to explain? PDPsssss
MBuhari OfficialPDPNig Pls verified the allegations coming PDP to correct or not.Don't be gullible on every trash .
MBuhari OfficialPDPNig This people will just sell Nigeria b4 they finish..
MBuhari OfficialPDPNig One day the owners of this money will come with international court order to seize Nigeria
MBuhari OfficialPDPNig N24trillion debt🙆...
MBuhari OfficialPDPNig Coming from PDP who squandered $2.1b loan Dasukigate scandal they used to fund terror in Nigeria.
MBuhari OfficialPDPNig Somebody want to sell Naija on Jumia and Alibaba sha.
MBuhari OfficialPDPNig Hmmm, My country My country!!!
pdpsokotostate MBuhari OfficialPDPNig A man that have been in the corridor of power for over 3 decades without creating a single business for his state, family and friends, let bubu be in power for ever Niger will not work, is a rocket science, you can give what you don't have, the guy is a dumb
MBuhari OfficialPDPNig PDP owes us a lot than MBuhari regime.
MBuhari OfficialPDPNig Buhari is planing to loan Nigeria out.
MBuhari OfficialPDPNig Why are we surprised? He took a loan to buy his nomination form in 2015
MBuhari OfficialPDPNig After taking all this loans still no economic improvement Everything backwardness Nawa for this country oo
MBuhari OfficialPDPNig Story! Next Level loading! Enjoy while you still can.
MBuhari OfficialPDPNig Borrow he knows he will not affect his Family and his Cabal followers. Soon he will repeat his statement Nigeria youth are Lazy? He will say it bcos he no youth will work nd work for FG to pay the dept While OfficialAPCNg followers enjoy nd make youth slave
MBuhari OfficialPDPNig When you don’t have ideas to create money, you borrow. Imagine if the world was full of borrowers and not lenders!
MBuhari OfficialPDPNig Wish this present govt could caution their constant crave for outlandish borrowing. Our debt profile could be far worst if wi dnt adjust. To some large extend,we need crave a working economy.
MBuhari OfficialPDPNig Buhari? Sometimes I don’t even knw d best way to describe your government, imagine debt profile N24trn n u still want to borrow more.1b dollar spent looking for oil in d north, if it was spent on Nigerian youths most of us will nt b complaining. Buhari u are selfish n wicked
MBuhari OfficialPDPNig MBuhari will still borrow this year. The man is bent on selling off Nigeria!
MBuhari OfficialPDPNig We send Him not them... What's their own😏😏
MBuhari OfficialPDPNig After all the imposed discipline and measures taken to abolish the embezzlement of Nigeria's funds, see the huge amount of debt he has put our country into. Please we demand an explanation .
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Nigeria Now Owes N24.4trillion, Says Debt Management Office | Sahara ReportersThe DMO boss said the funds were borrowed to finance projects, fund budget deficit and meet maturing obligations, noting that 68.18 per cent of the debt are domestic. Only! Hope dey!🕺 How was the money owed what machinery were in place to clear the debt when being owed something is definitely wrong with our leadership of this country is your nuclear family would you run it this way Something wey one person fit pay
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