CAN’T THIS BORROWING BUILD ANOTHER COUNTRY?
Despite all these massive loans in just two years-
1. $750 million in June 2023,
2. $800 million in July 2023,
3. $7.4 billion + €100 million in December 2023,
4. ₦2.94 trillion borrowed from July to December 2023,
5. ₦6.53 trillion between December 2023 and March 2024,
6. $2.7 billion approved across 2023–2024,
7. $2.25 billion in June 2024,
8. $500 million in July 2024,
9. $1.57 billion in September 2024,
10. $6.45 billion total from World Bank by September 2024,
11. $2.209 billion in December 2024 for budget deficit,
12. And a shocking $21.5 billion + €2.1 billion + ¥15 billion approved in July 2025
Nigeria still shows no significant growth. No steady power. No working infrastructure. No improved standard of living. 😭
This is a national disgrace. A clear failure of leadership. Leaders who truly mean well for their countries do not borrow endlessly.
Copied.
* What next?
