NewStats: 3,263,759 , 8,181,308 topics. Date: Saturday, 07 June 2025 at 07:00 PM 2z6g4p

It is important to, very quickly, clear the misconception about the 2025-2026 MTEF(Medium Term Expenditure Framework) funding which some people have now tagged as the president borrowing $20bn lump sum.

NO, THE PRESIDENT IS NOT REQUESTING TO BORROW $20bn, at least, not like it has been made to sound.

- Periodically, nations come up with expenditure frameworks to provide guidance on how budgets will be executed overtime.

- ⁠For the latest development, Nigeria’s MTEF covers a period of 2 calendar years; 2025-2026.

- ⁠The letter sent to the national assembly yesterday detailed how Nigeria including the Federal and 36 state governments plans to access external funding over the next two years for various projects.

- ⁠For the Federal Government, it was very specific with the raising of a $2bn in the domestic market for many infrastructural projects. First of its kind among several other initiatives to bridge the infrastructural gap in the country.

- ⁠States cannot access international funding without the FG as a “guarantor” and as such, the senate must approve all forms of external borrowing, through the FG.

- ⁠Also, it reeks of absolute lack of plan to keep going back to the senate every month to get approval for external borrowings and as such, all planned borrowings (covering all 36 states and the FG), over the next two years, have been presented as one to the National Assembly.

- ⁠While it is still subjected to approval, it also does not mean all such approvals by the NASS will be fully utilized by the various levels of government.

- Also important to include that loans in itself, are not bad instruments of financing for public services. What Nigerians must focus on is how such loans are being utilized by the government and if any, these are the questions that should be asked.

President Tinubu remains committed to delivering on his electoral promises and all such paths that must be towed to make it a reality will not be left “un-towed”.

Source: https://x.com/dolusegun/status/1927677702539972648?s=46

Ok, they should respond to this too, because some people will tell stupid lies till they back themselves into a corner they cannot escape from

The only thing rising in Nigeria is the burden of their debts.

MTEF or not, there is a strong inherent nature to always twist facts and reality by everyone under this useless, rudderless, impactless and directionless government.

Racoon:
MTEF or not, there is a strong inherent nature to always twist facts and reality by everyone under this useless, rudderless, impactless and directionless government.

Every government have this framework which they sent to the National Assembly. Buhari did, Jonathan did, and etc, why is it news now?

Nigeria media seems to be getting worseee by the day. They purposely twist headline to sell paper.

Imagine suddenly saying our debt is 180trillion by using MTEF estimates as actual debt.

PresidObi:
Ok, they should respond to this too, because some peoplewill tell lies till they back themselvesinto a corner they cannot escape from

The only thing rising in Nigeria is the burden of their debts.

When you can’t thenk for yourself, the media will use you to sell their paper.

We all know the lenders for Nigeria, can you show me the aggregate value of our loan there that tells you we have any 180trn?

Just as you have budget and actual spending. You can budget N100 and spend N30, will you now say your spending is N100?

PresidObi:
Ok, they should respond to this too, because some peoplewill tell lies till they back themselvesinto a corner they cannot escape from

The only thing rising in Nigeria is the burden of their debts.

who made this post?

I posted it in this particular thread that the lie have been debunked but because agenda must agend u people ignored it

It has now become a case of what I want to hear n not what is happening any longer.

This news have been debunked but still surprised it made front page

PresidObi:
Ok, they should respond to this too, because some peoplewill tell lies till they back themselvesinto a corner they cannot escape from

The only thing rising in Nigeria is the burden of their debts.

You have eyes but can't read, have brain but can't comprehend. This is a borrowing plan for both federal and state governments in the MTEF for two years. Not all might be borrowed, it is just a framework. In recent development where states are borrowing less and repaying their debts, it is necessary to put a cap on the borrowing framework.
Una mind is only set to trigger negative alarms, misinterprete facts and spread falsehoods and that's what bitterness and election loss have done to you guys.
You guys are not the first people to lose an election in this country, those who lost in the past did not behave like that was the end of their lives.

Racoon:
MTEF or not, there is a strong inherent nature to always twist facts and reality by everyone under this useless, rudderless, impactless and directionless government.

And this one will say he went to school, ask him what MTEF is about, I bet he wouldn't know. Their mind is made up to not accept anything other than negative narrative & agenda that suits them. Unfortunately for you, your minds will continue to be like this for another 14years because after Tinubu, the North takes over for another 8years.

In other words, it's $10b this year and another one next year. I pray Argentina or Greece doesn't happen to Nigeria, because the amount of loan Buhari and Tinubu have taken within the last 10 years, is very grievous and can wreck our economy to smithereens.

Oh my!
I truly want the FG to borrow more than this 21.5 billion dollars so as to trigger enormous growth and development in Nigeria because I know that President Tinubu will use the money for what it is actually borrowed for.
Tinubu wants to make record as being the one who put Nigeria on the exponential growth pedestal and I think he is on the right track.
He really needs to borrow a large chunk to propel growth and social development.
It was infrastructures that galvanised the growth of Dubai before production,HDI etc followed.
Our previous govts did us bad wella.
I pray President Tinubu succeeds.


As for MTEF (and FSP)，the Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) are not practiced exclusively in Nigeria. These are widely used tools for fiscal management in many countries, both developed and developing. The MTEF is a process for making budget decisions over a multi-year period, while the FSP outlines the government's fiscal policy goals and strategies.

Putindbutt:

You have eyes but can't read, have brain but can't comprehend. This is a borrowing plan for both federal and state governments in the MTEF for two years. Not all might be borrowed, it is just a framework. In recent development where states are borrowing less and repaying their debts, it is necessary to put a cap on the borrowing framework.
Una mind is only set to trigger negative alarms, misinterprete facts and spread falsehoods and that's what bitterness and election loss have done to you guys.
You guys are not the first people to lose an election in this country, those who lost in the past did not behave like that was the end of their lives.

God bless u


Please can I copy this?

Factcheck0001:
God bless u


Please can I copy this?

Bless you too bro. With all pleasure.

Na this man una talk say he don dey prepare to be president since time immemorial? We don't need the body we need the brain

Lol.

This even makes the whole thing look worse.

So, if this wholesale approval goes through, Nigerians would not even know when the funds would be accessed and utilised. DMO would just publish a report and Nigerians would see that the country is owing additional billions of dollars without knowing how it was utilised.

Also, two major bragging points this government loves to push forward are its repayment of foreign loans and how the removal of subsidies would make more funds available for projects and to state governors, as such Nigerians must bear the suffering...

So now, who is f××ling who?

Well, borrowing is not bad, but my gross is that the FG has not fully explored other revenue sources, especially natural resources.

Before a government goes into extensive borrowing and increase in taxes, it should first of all be able to access and effectively utilise at least 70% of its natural resources.

RenaissanceGuy:
In other words, it's $10b this year and another one next year. I pray Argentina or Greece doesn't happen to Nigeria, because the amount of loan Buhari and Tinubu have taken within the last 10 years, is very grievous and can wreck our economy to smithereens.

Are you really educated?
Borrowing is not bad if only they wouldn't loot it.
All nations of the world including USA,China borrow and still continue to borrow.

During the first term of Trump,national debt increased by approximately $7.8 trillion during his presidency, driven by tax cuts (e.g., TCJA 2017) and COVID-19 relief spending (e.g., CARES Act 2020).
Debt at start (2017): ~$19.9 trillion
Debt at end of his 4 years (2021): ~$27.7 trillion.
He borrowed a whole 7.8 trillion dollars in 4 years.

All of the entire Nigeria's total public debt is $94.23 billion
as of December 31, 2024.
Not even up to 100 billion dollars...mtcheww.




If only we have the capability of borrowing up to a trillion dollar even for the 8 years,Nigeria's growth will be exponential.
And that is if they don't loot it which I am sure Tinubu will never allow because of his desire to grow Nigeria economically.

Putindbutt:

You have eyes but can't read, have brain but can't comprehend. This is a borrowing plan for both federal and state governments in the MTEF for two years. Not all might be borrowed, it is just a framework. In recent development where states are borrowing less and repaying their debts, it is necessary to put a cap on the borrowing framework.
Una mind is only set to trigger negative alarms, misinterprete facts and spread falsehoods and that's what bitterness and election loss have done to you guys.
You guys are not the first people to lose an election in this country, those who lost in the past did not behave like that was the end of their lives.

how much is federal government borrowing ? The state and federal loans who will pay? Is it not the same federal government that will pay? All the allocation will be used to pay loan. So who is fooling who?
Tinubu is a terrible President I swear

Same pattern.

They denied buying jet, we saw jet few months later.

They said refinery was working. Few months later, the working refinery shut down.

They said they’re not borrowing, in few months we’ll see they’ve borrowed and received borrowed funds.

You guys lie for a living. Keep up the great lies.

Sunday2021:
how much is federal government borrowing ? The state and federal loans who will pay? Is it not the same federal government that will pay? All the allocation will be used to pay loan. So who is fooling who?
Tinubu is a terrible President I swear

Did you go to school at all?, If you did, what's the name of your school?

Better

Yes, we believed you. Don't mind the propagandist..

ivandragon:
Lol.

This even makes the whole thing look worse.

Approval will still be needed to draw the funds. But it’s usually better to have a cap limit to allow states and FG focus their plan on those.

If the limit is set at $20bn.

Ogun state can say out of my own $3bn cap, I am boring just $500k. They won’t just wake up one day and say they wan borrow $5bn.

By the way, no lending agency will borrow you $20bn at this point, where Worldbank wan see the money borrow us at one go? World bank have budget for Africa and only Nigeria drawing such fund will be detrimental to the rest. Na there I first know say na fake news..

Even Argentina that got such had to lobby hard Trump before they can make that available and if you compare their GDP to ours, they are huge.

U go explain tire.

Yellow journalism. Nigerian journalists will not do their homework before rushing to the press with half-baked stories.

Ole Government, the aim of going to the senate is to avoid corruption and waste.

- ⁠Also, it reeks of absolute lack of plan to keep going back to the senate every month to get approval for external borrowings and as such, all planned borrowings (covering all 36 states and the FG), over the next two years, have been presented as one to the National Assembly.

Propaganda everyday

Na propaganda go kill Apc and some fools still believe them…..we will see in few days if Tinubu requested for a loan or not….we have the clear evidence that he requested for it so let’s wait for their next propaganda they are giving to those that still remain to be foolish to their propaganda

Why don't Tpain come to tell us periodically how he will pay debts in 2yrs?

Who is fooling who?

Ritchiee:

Are you really educated?
Borrowing is not bad if only they wouldn't loot it.
All nations of the world including USA,China borrow and still continue to borrow.

During the first term of Trump,national debt increased by approximately $7.8 trillion during his presidency, driven by tax cuts (e.g., TCJA 2017) and COVID-19 relief spending (e.g., CARES Act 2020).
Debt at start (2017): ~$19.9 trillion
Debt at end of his 4 years (2021): ~$27.7 trillion.
He borrowed a whole 7.8 trillion dollars in 4 years.

All of the entire Nigeria's total public debt is $94.23 billion
as of December 31, 2024.
Not even up to 100 billion dollars...mtcheww.




If only we have the capability of borrowing up to a trillion dollar even for the 8 years,Nigeria's growth will be exponential.
And that is if they don't loot it which I am sure Tinubu will never allow because of his desire to grow Nigeria economically.

The APC government of Tinubu and the Buhari government borrowed $4 billion to rehabilitate four refineries. Still, not a single refinery is operational, despite announcing that the refineries would be operational by January 2025.

Nothing good can come out of Tinubu's government. He needs to reduce the size of his bloated ministry; 5000 MDA and 48 ministries are a waste, and the reason why the country is not functioning.

he ended up not saying anything to debunk the news.

2027 election funding