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PDP Stops President Buhari From Borrowing $1.2 Billion, Says He Needs To Be More Resourceful, And Stop Reducing Nigeria To A Beggar Status

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    Goodluck Jonathan Cautions Gullible Nigerians To Wake Up And Not Be Wooed And Wowed By Fake Politicians Running For Office At 2023 Election Campaign Grounds, Says “We Must Shift Away From The Politics Of Bread And Butter And Ensure That We Do Not Elect Leaders That Will Mortgage The Future Of Our Children And Grandchildren

    Goodluck Jonathan Cautions Gullible Nigerians To Wake Up And Not Be Wooed And Wowed By Fake Politicians Running For Office At 2023 Election Campaign Grounds, Says “We Must Shift Away From The Politics Of Bread And Butter And Ensure That We Do Not Elect Leaders That Will Mortgage The Future Of Our Children And Grandchildren

    SERAP Appeals To INEC Chairman, Prof. Mahmood Yakubu, To Allow The Over 7 Million Nigerians, Especially The Youths, Out Of The 10,487,972 Who Carried Out Their Pre-Registration Online, To Complete Their Registration And Obtain Their PVCs, For The 2023 Elections

    SERAP Appeals To INEC Chairman, Prof. Mahmood Yakubu, To Allow The Over 7 Million Nigerians, Especially The Youths, Out Of The 10,487,972 Who Carried Out Their Pre-Registration Online, To Complete Their Registration And Obtain Their PVCs, For The 2023 Elections

    Multi-Billionaire Businessman Donates A Whopping N10 Billion Cash To President Buhari In Aso Rock, To Support The Fight Against Insecurity, Buy Modern War Equipment, Provide Medical And Other Supplies, Upgrade Health Facilities And Other Infrastructure For The Families Of The Security Agents

    Multi-Billionaire Businessman Donates A Whopping N10 Billion Cash To President Buhari In Aso Rock, To Support The Fight Against Insecurity, Buy Modern War Equipment, Provide Medical And Other Supplies, Upgrade Health Facilities And Other Infrastructure For The Families Of The Security Agents

    The CEO of golden Bay hotel Aguleri erected this new billboard today at Aguleri Junction in anambra east LGA Anambra state.

    The CEO of golden Bay hotel Aguleri erected this new billboard today at Aguleri Junction in anambra east LGA Anambra state.

    Gbajabiamila Storms Rivers, Tells Wike To CHOKE THEM As He Invites Him To APC

    Gbajabiamila Storms Rivers, Tells Wike To CHOKE THEM As He Invites Him To APC

    The Catholic Bishop of Sokoto Diocese, Matthew Kukah, has said young Nigerians who make up 60 per cent of the population must elect good leaders and create a better country in 2023.

    The Catholic Bishop of Sokoto Diocese, Matthew Kukah, has said young Nigerians who make up 60 per cent of the population must elect good leaders and create a better country in 2023.

    Boko Haram Members Beg For Forgiveness In Borno After Several Attacks

    Boko Haram Members Beg For Forgiveness In Borno After Several Attacks

    2023 Presidency: Enugu State is better under umbrella, we are not Obidients, says Archbishop Chukwuma

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    2023: Presidential Candidates To Pay N10m To Paste Posters In Anambra State

    2023: Presidential Candidates To Pay N10m To Paste Posters In Anambra State

    North Thought Buhari Was Nigeria’s Mahatma Gandhi & Nelson Mandela Rolled Into One, We Thought He Would Clean Up Nigeria – Former Deputy Governor Of Bauchi

    North Thought Buhari Was Nigeria’s Mahatma Gandhi & Nelson Mandela Rolled Into One, We Thought He Would Clean Up Nigeria – Former Deputy Governor Of Bauchi

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PDP Stops President Buhari From Borrowing $1.2 Billion, Says He Needs To Be More Resourceful, And Stop Reducing Nigeria To A Beggar Status

by peter
November 5, 2020
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The Peoples Democratic Party, PDP, has on Wednesday, stated that it is alarmed by fresh plans by President Muhammadu Buhari to borrow an additional $1.2 billion from Brazil, despite the public outcry against the accumulation of loans from China, and other foreign countries,

The PDP, in a statement by its National Publicity Secretary, Kola Ologbondiyan, cautioned President Buhari’s government not to further weaken the nation, by using “nebulous” agricultural programmes as justification for further accumulation of foreign loans.

The party warned that the loan request, if approved by the National Assembly, would exacerbate the nation’s debt burden, mortgage the agricultural sector, weaken the investment capacity, and worsen the food security challenge.

The PDP said: “Our party invites Nigerians to note that with the $1.2 billion (N459 billion) Brazilian loan, in addition to the N5.20 trillion borrowing already proposed in the 2021 budget, our nation’s debt burden will hit a disastrous N36.2 trillion, which will plunge our economy into a devastating pitfall.

“The PDP, therefore, urges the National Assembly to save the nation by being circumspect in handling the loan request in the national interest.

“Instead of this recourse to reckless borrowings, the PDP urges the Buhari Presidency to apply itself productively, by looking inwards and finding ways to harness and create wealth with the resources abounding in our country.

“What Nigeria needs now is for government to be more innovative and resourceful in galvanizing a productive economy, instead of reducing our nation to a beggar status among the comity of nations.”

More news later///

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3
BREAKING: Great Tension, As IGP Usman Baba Orders For Regular Patrols, Stop And Search, Raids, And Show Of Force By Tactical Commanders, Deployment Of Water-Tight Security Arrangements To Cover All Schools, Hospitals, Health Workers And Critical National Infrastructures Nationwide

BREAKING: Great Tension, As IGP Usman Baba Orders For Regular Patrols, Stop And Search, Raids, And Show Of Force By Tactical Commanders, Deployment Of Water-Tight Security Arrangements To Cover All Schools, Hospitals, Health Workers And Critical National Infrastructures Nationwide

August 15, 2022
Goodluck Jonathan Cautions Gullible Nigerians To Wake Up And Not Be Wooed And Wowed By Fake Politicians Running For Office At 2023 Election Campaign Grounds, Says “We Must Shift Away From The Politics Of Bread And Butter And Ensure That We Do Not Elect Leaders That Will Mortgage The Future Of Our Children And Grandchildren

Goodluck Jonathan Cautions Gullible Nigerians To Wake Up And Not Be Wooed And Wowed By Fake Politicians Running For Office At 2023 Election Campaign Grounds, Says “We Must Shift Away From The Politics Of Bread And Butter And Ensure That We Do Not Elect Leaders That Will Mortgage The Future Of Our Children And Grandchildren

August 14, 2022
SERAP Appeals To INEC Chairman, Prof. Mahmood Yakubu, To Allow The Over 7 Million Nigerians, Especially The Youths, Out Of The 10,487,972 Who Carried Out Their Pre-Registration Online, To Complete Their Registration And Obtain Their PVCs, For The 2023 Elections

SERAP Appeals To INEC Chairman, Prof. Mahmood Yakubu, To Allow The Over 7 Million Nigerians, Especially The Youths, Out Of The 10,487,972 Who Carried Out Their Pre-Registration Online, To Complete Their Registration And Obtain Their PVCs, For The 2023 Elections

August 14, 2022
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