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Nairaland Forum / Nairaland / General / Politics / How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law (8707 Views)
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How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by nlfpmod: 10:08am On Jan 11, 2023 |
The Central Bank of Nigeria’s advances to the federal government rose 2900 per cent in the last seven years to N23.8 trillion, an unprecedented rise that violated the law, stoked inflation and worsened the country’s debt burden. Source: https://www.premiumtimesng.com/business/business-news/573152-how-cbn-loans-to-buhari-govt-climbed-2900-in-seven-years-in-violation-of-law.html 8 Likes 2 Shares
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Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by Tochi3(m): 10:09am On Jan 11, 2023 |
A prudent man in the person of PO will take care of the nonsense APCshit & poo'hari got Nigeria into... Vote wisely 73 Likes 5 Shares |
Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by unclejb2(m): 10:10am On Jan 11, 2023 |
Peter Obi has so much work to do when he becomes president. Buhari ruined everything he met. 86 Likes 3 Shares |
Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by God1000(m): 10:17am On Jan 11, 2023 |
This is unacceptable 59 Likes 5 Shares |
Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by ATEAMS: 10:18am On Jan 11, 2023 |
WOW 2 Likes |
Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by Victorclean1: 10:18am On Jan 11, 2023 |
Imposed on us by occultic laden tribe who worship their first king oduduwa as god. Blinded again, another dead wood is warming up from APC. Funny enough they suffered most. Wailing in their poverty laiden villages gives me joy. So funny 26 Likes 2 Shares |
Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by seguno2: 10:18am On Jan 11, 2023 |
nlfpmod: That is what you get for trusting ThiefNuibu with packaging a failure like himself as president in 2015. From one Lagos progreThief looter to Abacha’s PTF associate. oshozondii: 5 Likes 1 Share |
Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by Amspecial: 10:18am On Jan 11, 2023 |
1 Like |
Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by DMerciful(m): 10:19am On Jan 11, 2023 |
If Saraki had made it to 2nd term as Senator President, he would have impeached this undisputed heavyweight champion of incompetence 76 Likes 10 Shares
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Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by dyera(m): 10:19am On Jan 11, 2023 |
Proceeds from oil boom during the Libya crisis in 2011 was enough to fund the national budget and save in the excess crude oil account. But proceeds from oil boom during Russian/Ukraine war is not enough to fund the national budget let alone save in the ECA account. Why? Simple, Buhari is doing the same thing that is done in Lagos state where they loot the IGR and borrow money to execute projects. Under Buhari, revenue from oil boom is looted completely, reason why Buhari intends to borrow 21 trillion naira which is the total amount of money needed to fund the 2023 national budget. 9 Likes 1 Share
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Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by Ogaga87(m): 10:19am On Jan 11, 2023 |
Serial failure Just eight years and everything destroyed.. 15 Likes
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Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by YoungLionken(m): 10:19am On Jan 11, 2023 |
Godwin Emefiele is Aso rock cabal loyal dog, that's why he was never retired or sacked.. Only those doing the bidding of 16 Likes 2 Shares |
Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by HIGHESTPOPORI(m): 10:20am On Jan 11, 2023 |
Apc finished Nigeria 24 Likes 4 Shares |
Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by Frosheer(m): 10:20am On Jan 11, 2023 |
APC is a disgrace to this nation.. it's suprising that they're campaigning and Some Nigerians are still in support of their evil 17 Likes 3 Shares |
Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by FactBoyz: 10:20am On Jan 11, 2023 |
Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by oka4ugoo: 10:20am On Jan 11, 2023 |
Under APC the labour of our hero past is obviously in vain . Let's vote Obi to fix this. 12 Likes 1 Share
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Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by seandurse(m): 10:21am On Jan 11, 2023 |
Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by nnamdi640: 10:21am On Jan 11, 2023 |
Let hear what urchins will have to say about thesame government their master so much believe to do the work. 17 Likes 2 Shares |
Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by Smith414: 10:21am On Jan 11, 2023 |
And same apc-shit party is planning to rule with another criminal for the next 8 years,, God forbid baton 8 Likes 1 Share |
Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by Nickisindigo(m): 10:21am On Jan 11, 2023 |
K |
Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by mbahdi(m): 10:22am On Jan 11, 2023 |
Leprosy to every hand dat WI want to vote apc again 15 Likes 1 Share |
Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by seguno2: 10:22am On Jan 11, 2023 |
HIGHESTPOPORI: Yet some brilliant Nigerians want ThiefNuibu to continue with the destruction. Na which kind juju be that o 17 Likes 3 Shares |
Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by Fragility6: 10:22am On Jan 11, 2023 |
And lawan still dey approve more foolishly. More painful is, even with the borrowing dem still dey pad budget with trillions of naira. Nigeria na crime scene 15 Likes |
Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by Okechinwadike: 10:22am On Jan 11, 2023 |
and some people still want to vote APC. suffer no the tire una? who even unite Nigeria 2 Likes |
Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by tolumizzy(m): 10:22am On Jan 11, 2023 |
Obi will transform naija....im sure 4 Likes 1 Share |
Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by AroOkigbo(m): 10:22am On Jan 11, 2023 |
Why will any sane Nigerian vote for APC or PDP again? It's time to vote wisely! 5 Likes |
Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by adeola1097: 10:23am On Jan 11, 2023 |
Woe to all agbado and mikano boys who will try to foist another failure upon Nigeria come 2023 again. We really need to get it right this time around or there would be no Nigeria to save again. cus everyone don tire at this point. 6 Likes 1 Share |
Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by KingOvo(m): 10:25am On Jan 11, 2023 |
PMB and Emefiele have succeeded in emptying the coffers of the State, artificially increasing inflation, weakening the already fragile naira and plunging us deeper into poverty. The gross ineptitude shown by the goro-eating septuagenarian with regards to the economy has further thrown the country into economic abyss. We have to get it right in 2023. Any mistake to elect candidates cut from the same cloth as the president might have fatal implications for the common man. Get your PVC! 11 Likes 1 Share |
Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by 2tpick: 10:26am On Jan 11, 2023 |
The people that supported this government are now trying to project the next person on their queue to take over. The worst of it all is that they are not living better lives than those who rejected their messiah. 4 Likes |
Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by TheGift: 10:27am On Jan 11, 2023 |
Tochi3: Yes ooo. The government was quite wasteful and inconsiderate of future generations of Nigerians, who will inherit this debt. And the clueless Minister of Finance could not advise properly. Which is why they replaced Kemi with Her. 5 Likes |
Re: How CBN Loans To Buhari Government Climbed 2,900% In 7 Years In Violation Of Law by heed101(m): 10:28am On Jan 11, 2023 |
Buhari does not believe in productivity. He sha know that money is somewhere. Spend spend spend spend |
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