This guy dey yarn abeg. God bless you for speaking up🫶🙏

@vdmempire BAT once boasted he was wealthier than Osun State; soon, he may surpass Nigeria’s wealth. We’ll likely end up borrowing our own funds from this conscience-lacking "bullion van" tycoon.

@vdmempire We need someone like Ibrahim Traore that will flush all this people away, cos this is just too much, costal road we no see, ICC centre common AC no dey work for there, they should tell us where the money is channeled to

@vdmempire He too dey talk rubbish

@vdmempire This boy just dey talk nonsense this money $21 dollar is the money that FG and 36state can borrow within 4years is not borrowed yet is an act ,so you are just a nuasunse feeding the public with lies.let me asked what is job of this boy he was with Natasha that day useless.

@vdmempire Tinubu Wike Akpabio 3 musketeers Criminals at the highest level

@vdmempire Some idiot will still come here and insult this guy here for coming to say the truth that the main reason the country get corruption death ☠️ and the same idiot wey no get food to eat de beg to eat will still vote them in. On God 🙏

no dey talk about this things, na to dey praise and support nonsense him Dey do everyday, just dey fight @PeterObi everyday like say na him money Peter Obi take dey give the school and churches wey he dey give. You he want to teach obi how to spend his own money but the people wey dey steal country funds for selfish reasons he no go talk about them or tell them to spend the money for the good of the people. Na person wey no dey power he dey fight everyday. Corrupt Reno Omokri worst than Peter wey he dey fight for no reason.

@vdmempire My question is y dis foreign pple keep borrowing us irrespective of d huge amounts Nigerians are owing, they should stop borrowing them d money

@vdmempire You talk am finish 👏👏 God go bless you for always standing on the truth 🙏🫶

@vdmempire I laughed in China 🇨🇳… but the joke’s on us. Create poverty. Wait 4 years. Then share 2 spaghetti & ₦2k for votes. 🗳️ They die rich, we call them heroes. But they buried a nation. Nigerians aren’t ready yet. Not for truth. Not for change.

@vdmempire My brother ur fellow Nigerians still dey comment section dey abuse ur papa, cos dem no see anything wrong in the govt....on his mandate dem go die

The govt must demonstrate a clear path to debt sustainability, with a plan to increase non-oil revenue, manage expenditure, and reduce the need for future borrowing. In conclusion, the excessive borrowing of the Tinubu govt, despite the removal of subsidies, presents a high-stakes gamble. If the funds are invested wisely and transparently in productive sectors, Nigeria could emerge with a stronger economic foundation. However, if the borrowing continues without a clear and accountable plan, it risks pushing the country deeper into a debt trap, leaving future generations with a heavy burden and diminished opportunities.

The argument was that the money saved would be redirected to critical sectors like infrastructure, healthcare, and education. However, a key point of contention is that despite these major revenue-saving measures, the govt's borrowing has continued to rise at a rapid pace. This paradox leads to several questions, Where is the money from the subsidy removal going? Critics argue that the savings are not being used efficiently to address the country's pressing needs and are instead being used to service existing debt or fund a bloated bureaucracy.

@vdmempire Your summon logic we Nigerians don't understand, Are you trying tarnishing PBAT or you're fight for corruption because you just shouting like parrot Cho!!, Just meanness things you be talking and trying wasted my subs..you're not seen nelfund program and road network gist about.

When a large percentage of the budget is allocated to paying back loans, the govt's ability to drive economic growth and improve the standard of living for its citizens is severely limited. When the govt borrows heavily from the domestic market, it often drives up interest rates. This makes it more expensive for the private sector to borrow money for investment and expansion, which in turn stifles job creation and economic growth. This "crowding out" effect can be a major impediment to a vibrant and competitive private sector.

@vdmempire Even if you give Tinubu 30yrs nothing will change the man is working with the dullest brain

@vdmempire Let's see what APC guys have to say under the comments section

@vdmempire

Is the borrowing truly for capital expenditure and human devt? According to Nigeria's Fiscal Responsibility Act (FRA) 2007, govt borrowing should be for capital expenditure. However, there are concerns that a significant portion of the new loans may be used for recurrent expenditure or to service old debts, creating a "debt trap." Intricacies for Nigeria's Future Economic Devt & Growth. Excessive borrowing, especially when not tied to productive, revenue-generating projects, can have severe and long-lasting consequences for Nigeria's economic devt. A significant portion of Nigeria's national revenue is now dedicated to servicing its debt.

@vdmempire This guy have said it all. It just unfortunate that these evil leaders don't even care.

@vdmempire Tell this Govt to stop stealing, is like telling a living thing to stop going to toilet, Even if Tinubu sees his after life and the purnishment awaiting the criminal, his life depends on what how he strategies evil... their soul meant no good

@vdmempire @shandave4luv Nigeria is in the hand 🖐️ of career criminals

@vdmempire Nigerians, una never ready. When una ready, Army self go see crowd, he go drop hin weapon japa becuase nobody go fit stop una. $201 Trillion Dollars missing from NNPC account, nobody can account for it. Una never ready.

@vdmempire I shock whenever I meet someone that I thought he could be wise in the circle of ignorance. I don't want to talk much on the borrowing, most of developed nations borrow; bt saying only Akpabio approves it is an ignorance, 2/3 of members must approve it. That means evn ur senators

@vdmempire Nigeria has been sold off long ago - it’s the remnants or scrubs from their table we the ordinary citizens are fighting over for, inept everywhere!

The issue of Nigeria's national debt under the Tinubu administration is a complex and highly contentious one. While the government has taken bold steps like removing fuel and electricity subsidies, the continued reliance on borrowing has raised significant concerns about the country's economic future. The Paradox of Borrowing Despite Subsidy Removal and the recent adjustments to electricity tariffs were hailed by the government as necessary steps to free up revenue for capital projects and reduce the budget deficit. So why keep borrowing???

@vdmempire God will help us

@vdmempire No worry we are already gradually thats why the items you buy from the market today, before you return tomorrow it has gone up. That's how we are paying back, yet salary remains same and sales dropping day by day.

@vdmempire Nice point 👉💯

@vdmempire Omo if this country Don tire you just raise your hand ✋️..

@vdmempire One minute silent for his eminence most corrupt senate @Senator_Akpabio

@vdmempire Watch some condemned souls attack him for spitting facts.

@vdmempire Both literate and illiterate go understand the message… Na the match brake make me de laugh

@vdmempire Let us tell our self the truth Nigeria problems is to big for one person to handle seriously And the government are not even helping matters for those saying that wat the government are doing is good may Nigeria happen to you ...amen