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Nairaland Forum / Nairaland / General / Politics / FG Moves To Check Excessive Borrowing By States (4756 Views)
'Nigerians Are In The Dark’ – Peter Obi Reacts To FG’s “Excessive” Borrowing / Update On South-East, South-South and South-West Registered Voters By States / The 2015 Presidential Election Result Breakdown By States: Another Look (2) (3) (4)
FG Moves To Check Excessive Borrowing By States by NwaNimo1(m): 9:31pm On Nov 13, 2023 |
Worried by the indiscriminate borrowing by state governments from banks and the capital market, the federal government commenced a process to check such borrowing.https://www.vanguardngr.com/2023/11/fg-moves-to-check-excessive-borrowing-by-states/ 3 Likes
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Re: FG Moves To Check Excessive Borrowing By States by michlins(m): 9:36pm On Nov 13, 2023 |
Who will check mate the FG borrowings? These things are not supposed to be issues if only the legislative arm is truly independent and are working for the people who voted them. But here's where we are 32 Likes 1 Share |
Re: FG Moves To Check Excessive Borrowing By States by Ethiosa(m): 9:44pm On Nov 13, 2023 |
What a joke 2 Likes 1 Share |
Re: FG Moves To Check Excessive Borrowing By States by chiiraq802(m): 10:01pm On Nov 13, 2023 |
Pot calling kettle black 12 Likes |
Re: FG Moves To Check Excessive Borrowing By States by NwaNimo1(m): 10:02pm On Nov 13, 2023 |
How dem go pay salaries and pensions? 2 Likes |
Re: FG Moves To Check Excessive Borrowing By States by Chinjo2: 10:27pm On Nov 13, 2023 |
Chief debtor want to checkmate the activities of a smaller debtor. Abeg I no wan laugh this evening Mbok. 22 Likes 2 Shares |
Re: FG Moves To Check Excessive Borrowing By States by Righthussle: 11:31pm On Nov 13, 2023 |
Focus on your own borrowing. Leave their own. Jealousy. 3 Likes 1 Share |
Re: FG Moves To Check Excessive Borrowing By States by Blue3k(m): 11:39pm On Nov 13, 2023 |
The Commission he said was shocked to find out that most banks in the country lure state governments into securing loans that Lol personal and fiscal responsibility isn't in their vocabulary. It's the banks fault they're taking loans. The word no doesn't exist. Democracy lends itself to short term thinking. It's not like it's their money. Most of these politicians will be long gone by the time the bill is due. It's much easier than looking at your constituency and saying we're going to tax you more and have nothing to show for it. 2 Likes |
Re: FG Moves To Check Excessive Borrowing By States by XerXers: 11:41pm On Nov 13, 2023 |
But FG is the borrower in Chief 4 Likes |
Re: FG Moves To Check Excessive Borrowing By States by marhoinspire: 5:13am On Nov 14, 2023 |
Why check them? It's borrowing season na |
Re: FG Moves To Check Excessive Borrowing By States by IMASTEX: 5:13am On Nov 14, 2023 |
An apple doesn't fall too far from the tree. The state is learning from the fg. 3 Likes 1 Share |
Re: FG Moves To Check Excessive Borrowing By States by CalabarPikin: 5:15am On Nov 14, 2023 |
This country na cruise I swear down... So, Who would check excessive borrowing by country (Nigeria) now 1 Like 1 Share |
Re: FG Moves To Check Excessive Borrowing By States by Yankee101: 5:15am On Nov 14, 2023 |
What of the federal government? |
Re: FG Moves To Check Excessive Borrowing By States by Chigozie321: 5:16am On Nov 14, 2023 |
FG should lead by example. They've not been prudent with their borrowings as well. |
Re: FG Moves To Check Excessive Borrowing By States by Kurumaru: 5:16am On Nov 14, 2023 |
AWON WEREY ALAGBADA |
Re: FG Moves To Check Excessive Borrowing By States by BluntCrazeMan: 5:17am On Nov 14, 2023 |
The States are learning from their Papa naa.. FG is borrowing in order to fund its Luxurious Governance Styles.. So, why wouldn't the States do so too?? .. .. I said this before, and I am still saying it.. . . THE DAY THE CONSTITUTION HAS AN ENFORCEABLE LAW WHICH MAKES IT MANDATORY AND COMPULSORY FOR THE PUBLISHING OF THE “AUDITED” ANNUAL FINANCIAL RECORDS (==> BOTH INCOMES AND EXPENDITURES) OF THE FEDERAL, STATES, AND LGAS TIERS OF GOVERNMENT ON THEIR RESPECTIVE OFFICIAL WEBSITES,; THAT VERY DAY WOULD BE THE DAY WHEN ALL THESE UNACCOUNTABLE EMBEZZLEMENTS AND DISAPPEARING OF MONEY WILL STOP. |
Re: FG Moves To Check Excessive Borrowing By States by 4tomandchi: 5:17am On Nov 14, 2023 |
Who now checks the federal government excessive borrowing too I’m sure they will meet the resistance of the governors |
Re: FG Moves To Check Excessive Borrowing By States by bigdammyj: 5:20am On Nov 14, 2023 |
Okay, but why not start with FGN? |
Re: FG Moves To Check Excessive Borrowing By States by iampeterben(m): 5:21am On Nov 14, 2023 |
Who go help us check the ones Federal Government dey borrow. Government wey nor get shame. |
Re: FG Moves To Check Excessive Borrowing By States by allthingsgood: 5:23am On Nov 14, 2023 |
This is long overdue. States have continued to borrow unchecked for ages. Much of nigeria foreign debt is by states 1 Like |
Re: FG Moves To Check Excessive Borrowing By States by smokinloud(m): 5:23am On Nov 14, 2023 |
Is it because of Anambra?!. |
Re: FG Moves To Check Excessive Borrowing By States by allthingsgood: 5:24am On Nov 14, 2023 |
4tomandchi: Why is it that you guys are always negative for everything Is it now a competition for who can check whom more |
Re: FG Moves To Check Excessive Borrowing By States by allthingsgood: 5:24am On Nov 14, 2023 |
marhoinspire: They have borrowed away your future |
Re: FG Moves To Check Excessive Borrowing By States by allthingsgood: 5:26am On Nov 14, 2023 |
Chinjo2: At least we can see what FGN uses it borrowed funds to do. There’s checks and balances. Infact FGN even uses its funds to help states pay salaries. Tell me, what meaningful project has your state govt invested in |
Re: FG Moves To Check Excessive Borrowing By States by Armaggedon: 5:29am On Nov 14, 2023 |
Hmm |
Re: FG Moves To Check Excessive Borrowing By States by Armaggedon: 5:30am On Nov 14, 2023 |
Southwest states will go bankrupt 1 Like |
Re: FG Moves To Check Excessive Borrowing By States by DKM123: 5:31am On Nov 14, 2023 |
LMAO! Is it the same Nigerian Govt whose debt increased by 75percent in this second quarter of this year alone? Cl0wns!
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Re: FG Moves To Check Excessive Borrowing By States by orisa37: 5:31am On Nov 14, 2023 |
"fg-moves-to-check-excessive-borrowing-by-states". STATES ARE FULLY AUTONOMOUS AUTHORITIES. RESTORE FAPRES FOTCS AND CTC FOCS TRFG NOW AND YOU WILL BE GLAD YOU DID. |
Re: FG Moves To Check Excessive Borrowing By States by Shedrack777: 5:32am On Nov 14, 2023 |
YOU do, i do and you want to checkoate my own doing. are you normal? |
Re: FG Moves To Check Excessive Borrowing By States by orisa37: 5:39am On Nov 14, 2023 |
"fg-moves-to-check-excessive-borrowing-by-states". STATES ARE FULLY AUTONOMOUS AUTHORITIES. RESTORE FAPRES FOTCS AND CTC FOCS TRFG NOW AND YOU WILL BE GLAD YOU DID. STATE GOVERNORS ARE FEDERAL GOVERNMENT ELECTED NOT SELECTED FIRST LINE MINISTERS. ON STATE BUDGETS, FEDERAL GOVERNMENT IS RUN AND MAINTAINED. THE MINISTERS WE HAVE NOW ARE SECRETARIES OF STATES HAND PICKED NOT ELECTED. |
Re: FG Moves To Check Excessive Borrowing By States by mytime24(f): 5:40am On Nov 14, 2023 |
Yawn 😮💨 |
Re: FG Moves To Check Excessive Borrowing By States by DiamondPant(f): 5:41am On Nov 14, 2023 |
chiiraq802:The pot does not like competition . |
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