The People Democratic Party Alarms That With The Volume Of Foreign Loans Being Accumulated By President Buhari And His APC, Our Nation And Her People Have Been Placed On The International Auction Market.

The Party Said President Buhari’s Moves To Take A Fresh $5.513 Billion (N2.1 Trillion) Loan In Addition To An Earlier $22.79 Billion (N8.5trillion), The Size Of 2020 Budget, Without Operable Repayment Plans, Will Totally Compromise The Fiscal Integrity Of Our Nation And Open Her Up For Economic Annexation By Foreign Creditors. This Is In Addition To N850 Billion From The Capital Market.

It Is More Alarming That The Buhari Government, In This Fiscal Year, Cannot Muster The Capacity To Harness The Huge Resources Available In Our Country To Generate Even Half Of The Sum Of Its Own Budget, But Has Been Going Cap In Hands To Shop For Foreign Loans.

The PDP Expressed Fears That With This Situation, The APC Administration Is Practically Driving Our Nation To The Brinks While Exposing Nigerians To The Risk Of Modern Day Slavery By Mortgaging Our Future To Economic Appropriation By Foreign Interests.

Already The Situation Has Created Apprehensions, Anxiety And Trepidation Among The Citizens, Particularly The Youths, Who Are Now Scared About Their Future And The Survival Of Our Nation Under The APC

It Is Even More Distressing That This Administration Cannot Account For The Loans It Has Taken So Far. In Spite Of The Deluge Of Loans, The Lives Of The Ordinary Nigerians, On Whose Behalf They Claim To Be Amassing These Debts Have Become Worse Than The APC And APC Met Them In 2015.

Painfully, Even The Savings Made By Previous Administrations Have Been Opened Up For Pillaging By APC Leaders And The Cabal In The Buhari Presidency.

The PDP Calls On Nigerians To Look Beyond Our Primordial Differences And Unite In Speaking Against This Accumulation Of Debts. It Is No Longer About Political Party Affiliations, Creed, Ethnicity, Class Or Age We All Must Unite In One Voice To Save Our Nation From An Imminent Collapse.

Our Party Holds That Rather Than Mortgaging Our Nation To Foreign Interests, President Buhari Should Immediately Cut The Size Of His Government, Slash Its Over Bloated Budget, Clip Its Luxuries, Curb Unbridled Corruption In His Administration And Make Haste To Recover The N14 Trillion That Was Stolen By APC Leaders Under His Watch.

If The N14 Trillion Stashed Away By APC Leaders And The Cabal Is Recovered, Our Nation Will Not Be In Need Of These Humongous Foreign Loans.

The PDP Also Urges The NASS Nigeria To Stand On The Side Of The People And Save The Nation By Immediately Using Its Legislative Instrument To Check This Unbridled Appetite For Foreign Loans.


https://thisweekng.com/2020/05/28/buhari-loans-nigeria-is-now-on-the-auction-market-pdp/

i be like buhari photo up dere

I don’t even know what to say
Can we sell this country and stop all this borrow things

no future for this country.

Too bad


And some a.p.c zombies will say

Buhari is working very hard












he will soon change nigeria to dubai

b

Buhari and APC alone shouldn't be blamed.

What about the NASS approving the loans?

Aren't there PDP and other opposition members in the NASS who should shout to high heavens even though they may be eventually overruled.

What exactly is this current leadership bequitting to the next generation.

A man tells you before elections he has never known how to make money and survived on loans as a military officer , built his house with loan , paid school fees of his kids with loans and even claimed to have used loan to buy APC form to contest yet Nigerians voted him and are now suprised he has turned Nigeria to a heavy borrower .. whose fault please ?

SarkinYarki:
A man tells you before elections he has never known how to make money and survived on loans as a military officer , built his house with loan , paid school fees of his kids with loans and even claimed to have used loan to buy APC form to contest yet Nigerians voted him and are now suprised he has turned Nigeria to a heavy borrower .. whose fault please ?

This explains everything.
We can safely say QED

Our Nation And Her People Have Been Placed On The International Auction Market.

It Is Even More Distressing That This Administration Cannot Account For The Loans It Has Taken So Far. In Spite Of The Deluge Of Loans, The Lives Of The Ordinary Nigerians, On Whose Behalf They Claim To Be Amassing These Debts Have Become Worse Than The APC And APC Met Them In 2015.

Painfully, Even The Savings Made By Previous Administrations Have Been Opened Up For Pillaging By APC Leaders And The Cabal In The Buhari Presidency.

Not good at all

President Buhari Should Immediately Cut The Size Of His Government, Slash Its Over Bloated Budget, Clip Its Luxuries, Curb Unbridled Corruption In His Administration And Make Haste To Recover The N14 Trillion That Was Stolen By APC Leaders Under His Watch.

if your useless party have not misuse the opportunity Nigerians unanimously bestowed on you, we won't have the calamity we have over 5years now



we have a disaster at the helm of affairs for 5years because we have some fantastic majority of foolish people in Nigeria.




only God can save Nigerians in the hands of that illiterate and incompetent aboki defended by some acclaimed Educated idiots