Connect with us
ANE Scholarship
Categories:
X

News

$1.2 Billion Brazil Loan: PDP Taunts Buhari Over Reckless Borrowing

Published

2 years ago

on

Kindly share this post:

Buhari

The @OfficialPDPNig is alarmed by fresh plans by President @MBuhari to further mortgage our nation through an additional $1.2 billion loan from Brazil despite the public outcry against the accumulation of loans from China and other foreign interests.

HEY! Download & Install The New ANE Android App To Your Device
Hello!! Have you heard about the deadly virus called Coronavirus? No? See What It Is & How To Prevent It Here. Also Stay Connected & Get Latest Updates On Coronavirus Here. Please be safe! We LOVE You.


The PDP cautions the @MBuhari Presidency not to further weaken our nation and using nebulous agricultural programmes as justification for further accumulation of foreign loans, without clear terms and conditions, to the detriment of the poor masses and generations yet unborn.

The party further warns that the loan request, if approved by the @nassnigeria, will exacerbate our nation’s debt burden, mortgage our agricultural sector, weaken our investment capacity and worsen our food security challenge.

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.

ANE

ANE Scholarship

The @OfficialPDPNig therefore urges the @nassnigeria to save the nation by being circumspect in handling the loan request in the national interest.

Instead of this recourse to reckless borrowings, the @OfficialPDPNig urges the @MBuhari 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.


Get More Stories Like This On: Facebook: @AllNaijaEntertainment, Twitter: @AllNaijaEntertainment
Quick Reach: Our Service Improvement, Advertise With Us, Send Us Enquiries & Press Releases

Related Posts:

Related Topics:
Click to comment
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

Don’t Miss!

Join "ANE sabi" clique

Don't miss a thing, get ogbonge ANE latest updates to fuel your conversation daily.




Latest Exchange Rate

Donate To ANE!


Mind buying a coffee to support us here at All Naija Entertainment?. Yes?

Donate Now
BETTY AND THE BEAST by MIRIAM EDEM _ AllNaijaEntertainment
ANE Stories26 mins ago

[STORY] BETTY AND THE BEAST (Final Episode 20)
News55 mins ago

US Supreme Court ends right to abortion
SADE's HEART TALE by Amah's Heart _ AllNaijaEntertainment
ANE Stories1 hour ago

[STORY] SADE’S HEART TALE (Episode 03)
He was my best buddy, and I was delighted. Reactions to what Tania Omotayo says about Wizkid and the "ex" label
Entertainment6 hours ago

He was my best buddy, and I was delighted. Reactions to what Tania Omotayo says about Wizkid and the “ex” label
Chimamanda: How I have been protecting my daughter from malaria
Entertainment6 hours ago

Chimamanda: How I have been protecting my daughter from malaria
FIFA
Sports6 hours ago

FIFA Increases Squads To 26 Players For 2022 World Cup
Nick Pope
Sports6 hours ago

Newcastle Complete Signing Of England Goalkeeper, Nick Pope
Lionel Leo Andres Messi PSG
Sports6 hours ago

“Messi Is The Greatest Player Of All Time” – Ander Herrera
News7 hours ago

Name Train Station After Late Remi Fani-Kayode – MURIC Tells FG
Blasphemy: Kano singer to remain in detention as a’court reserves judgement
Entertainment7 hours ago

Blasphemy: Kano singer to remain in detention as a’court reserves judgement
Sports7 hours ago

2022 U-17 WWC: Nigeria’s Flamingos To Face Germany, Chile, New Zealand
Bola Tinubu
News7 hours ago

South-South APC Leaders Pledge Support For Tinubu
DaBaby, Davido combine for ‘Showing Off Her Body’
Entertainment7 hours ago

DaBaby, Davido combine for ‘Showing Off Her Body’
Kwara records first case of monkeypox as NCDC confirms new infections in four states
News7 hours ago

Kwara records first case of monkeypox as NCDC confirms new infections in four states
Zelensky’s message was beamed onto The Other Stage today
General10 hours ago

Ukrainian President Volodymyr Zelensky speaks to Glastonbury crowds ahead of Libertines set and pleads for peace amid Russian war
Entertainment12 hours ago

TG Omori Reacts To Being Compared To Clarence Peters
Entertainment12 hours ago

“Bobrisky Threatened To Kill Me If I Didn’t Quit Being A Drag Queen” – James Brown
News12 hours ago

Lagos Police Arrests Forgers Of Vehicle Registration Documents
News12 hours ago

S84(12): Supreme Court Strikes Out Buhari, Malami’s Suit On Electoral Act
News12 hours ago

2023: Nothing Wrong With Muslim-Muslim Ticket – Tanko Yakassai
Buhari
News12 hours ago

FG Hints At Salary Increase For Civil Servants, Uncovers ‘5,000’ Ghost Workers
Love Island viewers in shock over Davide Sanclimenti’s ‘sloppy’ kiss with Danica Taylor: ‘It’s like he’s never eaten before’
Entertainment15 hours ago

Love Island viewers in shock over Davide Sanclimenti’s ‘sloppy’ kiss with Danica Taylor: ‘It’s like he’s never eaten before’
We’re not aware Amotekun arrested Owo massacre masterminds – Monarch, CAN
News15 hours ago

We’re not aware Amotekun arrested Owo massacre masterminds – Monarch, CAN
News16 hours ago

Marketers Notify FG On Planned Fuel Price Hike, Queues Persist
News16 hours ago

Over 500 WhatsApp, SMS Received Daily Since Tinubu Picked Me As Running Mate – Masari
News17 hours ago

Plateau State Declares Two Days As Public Holiday For PVC Registration
News17 hours ago

Labour Party Needs Control Of States To Make Obi President – Ned Nwoko
Buhari
News17 hours ago

Kanu Felt Very Safe Condemning Nigeria From Britain – Buhari To Boris Johnson
News17 hours ago

Lagos Ranked Second Worst Liveable City In The World
News17 hours ago

Nigeria’s Revenue From Train Services Increased By 199% To ₦6.1bn In One Year
Lisandro Martinez
Sports19 hours ago

Manchester United have concern in race with Arsenal for Ajax defender Lisandro Martinez
Chelsea plan bid for Raphinha after Arsenal’s failed offer
Sports19 hours ago

Chelsea plan bid for Raphinha after Arsenal’s failed offer
News19 hours ago

Court remands five youths who tortured lady in viral video
Winning AFCON 2013 my greatest feat – Chaves midfielder
Sports20 hours ago

Winning AFCON 2013 my greatest feat – Chaves midfielder
Wearable arm muscles could help overcome upper body injuries
Technology20 hours ago

Wearable arm muscles could help overcome upper body injuries
Researchers built a low-cost camera system that recreates sound from vibrations
Technology20 hours ago

Researchers built a low-cost camera system that recreates sound from vibrations
Proteus is Amazon's first fully autonomous warehouse robot
Technology20 hours ago

Proteus is Amazon’s first fully autonomous warehouse robot
BETTY AND THE BEAST by MIRIAM EDEM _ AllNaijaEntertainment
ANE Stories24 hours ago

[STORY] BETTY AND THE BEAST (Episode 19)
Frenkie de Jong
Sports1 day ago

Manchester United set to submit second bid for Frenkie de Jong as Barcelona dismiss claims they want £86m
Chelsea and Manchester United dealt blow as Christopher Nkunku extends RB Leipzig contract
Sports1 day ago

Chelsea and Manchester United dealt blow as Christopher Nkunku extends RB Leipzig contract
‘We are an island nation and must lead the battle to save our seas’: Scientist and documentary maker Ella Al-Shamahi’s clarion call after examining death of whale on Scots coast
Technology5 days ago

‘We are an island nation and must lead the battle to save our seas’: Scientist and documentary maker Ella Al-Shamahi’s clarion call after examining death of whale on Scots coast
BETTY AND THE BEAST by MIRIAM EDEM _ AllNaijaEntertainment
ANE Stories4 days ago

[STORY] BETTY AND THE BEAST (Episode 13)
Done deal at Stamford Bridge after hours of negotiation for the transfer of a world-class player
Sports3 days ago

Done deal at Stamford Bridge after hours of negotiation for the transfer of a world-class player
BETTY AND THE BEAST by MIRIAM EDEM _ AllNaijaEntertainment
ANE Stories5 days ago

[STORY] BETTY AND THE BEAST (Episode 12)
BETTY AND THE BEAST by MIRIAM EDEM _ AllNaijaEntertainment
ANE Stories3 days ago

[STORY] BETTY AND THE BEAST (Episode 15)
BETTY AND THE BEAST by MIRIAM EDEM _ AllNaijaEntertainment
ANE Stories5 days ago

[STORY] BETTY AND THE BEAST (Episode 11)
All You Need to Know About Katrin Zytomierska Whom Her Instagram Post Of Gerard Pique With New Mystery Girl Goes Viral
Celebrities2 days ago

All You Need to Know About Katrin Zytomierska Whom Her Instagram Post Of Gerard Pique With New Mystery Girl Goes Viral
BETTY AND THE BEAST by MIRIAM EDEM _ AllNaijaEntertainment
ANE Stories3 days ago

[STORY] BETTY AND THE BEAST (Episode 14)
BETTY AND THE BEAST by MIRIAM EDEM _ AllNaijaEntertainment
ANE Stories2 days ago

[STORY] BETTY AND THE BEAST (Episode 16)
THE PROPER MRS by Onyekachi Ikeh _ AllNaijaEntertainment
ANE Stories2 days ago

[STORY] THE PROPER MRS (Complete Episodes)
Journey Band
Music4 days ago

[Music] Journey – Open Arms
The King and I: Texas star Sharleen Spiteri on why she is still all shook up by Elvis
Entertainment5 days ago

The King and I: Texas star Sharleen Spiteri on why she is still all shook up by Elvis
FLIRTATIOUS story by Opeyemi Ojerinde Akintunde _ AllNaijaEntertainment
ANE Stories2 days ago

[STORY] FLIRTATIOUS (Episode 40)
BETTY AND THE BEAST by MIRIAM EDEM _ AllNaijaEntertainment
ANE Stories2 days ago

[STORY] BETTY AND THE BEAST (Episode 17)
I CHEATED ON MY WIFE Story _ AllNaijaEntertainment
ANE Stories2 days ago

[STORY] I CHEATED ON MY WIFE (Episode 01)
SADE's HEART TALE by Amah's Heart _ AllNaijaEntertainment
ANE Stories2 days ago

[STORY] SADE’S HEART TALE (Complete Episodes)
I CHEATED ON MY WIFE Story _ AllNaijaEntertainment
ANE Stories2 days ago

[STORY] I CHEATED ON MY WIFE (Complete Episodes)
Lucky Fans Finds Davido's Customized Jacket After His Performance In Boston, USA
Entertainment5 days ago

Lucky Fans Finds Davido’s Customized Jacket After His Performance In Boston, USA
Bruce Springsteen (singer)
Music7 days ago

[Music] Bruce Springsteen – Dancing in the Dark
‘I think everyone is looking for the summer of their lives’: Nina Nesbitt on returning to the stage, TikTok and her long-awaited third album
Entertainment5 days ago

‘I think everyone is looking for the summer of their lives’: Nina Nesbitt on returning to the stage, TikTok and her long-awaited third album
Ousmane Dembele
Sports6 days ago

Ousmane Dembele Confirms He Is Staying At FC Barcelona
SADE's HEART TALE by Amah's Heart _ AllNaijaEntertainment
ANE Stories2 days ago

[STORY] SADE’S HEART TALE (Episode 01)
Netflix seeks recruits for real-life ‘Squid Game’
Entertainment4 days ago

Squid Game Season 2 Cast, Story, Trailer, Release Date, Episodes, OTT Platform
FLIRTATIOUS story by Opeyemi Ojerinde Akintunde _ AllNaijaEntertainment
ANE Stories4 days ago

[STORY] FLIRTATIOUS (Episode 39)
I CHEATED ON MY WIFE Story _ AllNaijaEntertainment
ANE Stories2 days ago

[STORY] I CHEATED ON MY WIFE (Episode 11)
I CHEATED ON MY WIFE Story _ AllNaijaEntertainment
ANE Stories2 days ago

[STORY] I CHEATED ON MY WIFE (Episode 02)
Falomo Towers Ikoyi
News7 days ago

Housing: Sanwo-Olu Flags Off Development Of Falomo Towers In Ikoyi
Music3 days ago

[Music] Drake, 21 Savage – Jimmy Cooks
I CHEATED ON MY WIFE Story _ AllNaijaEntertainment
ANE Stories2 days ago

[STORY] I CHEATED ON MY WIFE (Episode 04)
THE PROPER MRS by Onyekachi Ikeh _ AllNaijaEntertainment
ANE Stories2 days ago

[STORY] THE PROPER MRS (Episode 08)
THE PROPER MRS by Onyekachi Ikeh _ AllNaijaEntertainment
ANE Stories2 days ago

[STORY] THE PROPER MRS (Episode 03)
THE PROPER MRS by Onyekachi Ikeh _ AllNaijaEntertainment
ANE Stories2 days ago

[STORY] THE PROPER MRS (Episode 06)
I CHEATED ON MY WIFE Story _ AllNaijaEntertainment
ANE Stories2 days ago

[STORY] I CHEATED ON MY WIFE (Final Episode 15)
Sergey Brin and Nicole Shanahan
Celebrities7 days ago

Google Co-Founder Sergey Brin, World’s 6th Richest Person, Files for Divorce from Wife
THE PROPER MRS by Onyekachi Ikeh _ AllNaijaEntertainment
ANE Stories2 days ago

[STORY] THE PROPER MRS (Episode 02)
THE PROPER MRS by Onyekachi Ikeh _ AllNaijaEntertainment
ANE Stories2 days ago

[STORY] THE PROPER MRS (Episode 05)
Kizz Daniel Releases Sensational New Visuals To Hit Track "Buga" Ft Tekno Miles
Entertainment2 days ago

Kizz Daniel Releases Sensational New Visuals To Hit Track “Buga” Ft Tekno Miles (Directed by TG Omori)
Wizkid
Lyrics4 days ago

Kay Switch feat. Olamide & Wizkid – For Example (Remix) [Lyrics]
I CHEATED ON MY WIFE Story _ AllNaijaEntertainment
ANE Stories2 days ago

[STORY] I CHEATED ON MY WIFE (Episode 03)
Jackie Chan
Celebrities2 days ago

YES, Jackie Chan Was Once A Porn Actor!

ANE Billboard Hots!