We have been borrowing from recovered loot - Finance Minister reveals - Daily Post Nigeria

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The Minister of Finance and National Planning, Zainab Ahmed has revealed that the government has been borrowing from recovered loots to fund the budget.

The minister also revealed that the government has not been able to repay back the loans taken so far.

A member of the committee, Wole Oke said the government withdrew N19 billion from the EFCC recovery account and transferred it to the African Development Bank with evidence of budgetary allocation. “From the EFCC Account, you took N19 billion. You took a whole N19 billion from the EFCC account and paid an international organization. N19 whole billion is not remitted here. I am sure the accountant-general is familiar with this money. On what basis did you withdraw or transfer the money?”

 

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Zoo MaziNnamdiKanu

I call on great men and women to please explain this to us ProfOsinbajo atiku PeterObi DavidHundeyin HenshawKate GEJonathan aproko_doctor inibrownsugar RealSeunKuti realFFK we want to understand this very statement please

Why telling us this now is it bcos u are tired of borrowing more

Nonsense! How can you be borrowing your own money? Jesus!

With these Fulani people in charge of anything, all you will hear, see & experience is stealing at its best, gruesome killings & vicious destructions. They have been doing these since their ancestors birthed planet earth in 1700 AD. They will never contribute 2 good developments!

Senseless people are many here!

How much have you borrowed from the so call loot and why internal and external borrowing again ?

Borrowing to steal it again. It's okay.... We the 👀 una.

Headline: recovered loot borrowed (re-looted) by government.

Borrowed from recoverd loot. Then who will hold you accountable for repayment? What exactly have you spent the borrowed money on? How then did you intend to pay back? Even pension money is borrowed that's why you people gave them 5yrs more to work. Please borrow brain abeg.

Then why did buhari keep borrowing loan from other country, they will never stop lying

You didn't take permission before...

Our stupidity collectively gave rise to electing a fool as a president. See how we are being used to catch cruise.

Who is the lender if Federal Government is borrowing the recovered fund? It would have been better to say we have utilized the recovered fund. 😇🙃☺

can you borrowed yourself money and pay back later? who is deceiving who here?

We have been looting from recovered borrow

Continue relooting the loots . The anger of God will vent on them

When you higher novice instead of technocrats, the end results is always negative

😅😅😅😅😅😅

Thieves

The worse mistake nigeria has ever made since independent.

To do what....

Use it to do what?

This is the height of irresponsibility, this government is borrowing from everywhere; China and other external entities, now recovered loots. Is this not an official way of re-looting the recovered loots. God's judgement is raging and coming swiftly.AishaYesufu

Jesus christ 😭😭😭😭😭

Useless woman

Can you imagine the lies? The hell fire when dey wait for Una never HOT reach the Hell still dey do press-up

Lord have Macy ,this people can not account for nothing.

The looted fund has been successfully relooted by the ever looting corrupt Buhari government masqueraded as fighting corruption. These thieves from the north are here to rub us silly. Yet some idiot are still cry one Nigeria. YorubaNationNow BiafraNationNow

We have been borrowing from recovered loot – Finance Minister reveals. Fulani dey borrow fulani dey share am. Separation of Nigeria will well accountability. Finance minister wey no go school.

When will u pay ? Thiefs

Who is borrowing from who or is Nigeria borrowing Nigeria money?

You meant to say u have bern relooting d recovered loots.

🤣🤣🤣🤣🤣🤣🤣 Ayamtayad

Ndi oshi

Meaning?

SERIOUSLY

To do what?

😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂.

Borrow borrow Government

U are not serious, u don't know anything things than to borrow, no strategies to cover the economy, are ur mate nt kemi ,okonjo and the likes. Infact u are a disaster

Wrong people working with buhari ...I pity this nation, no brain to create wealth only to borrow

They are indirectly telling us that there's nothing left from the recovered loots. Even the recent recovered ibori loot is gone. That's the simple interpretation

I hope very soon nigeria government we be borrowing from first bank 🏦, UBA, Access back, E.T.C

Borrowing to re-loot. Is OK

How can you borrow from your money that was looted.... Me I'm not understanding o

These recovered loots, no be TSA account e dey enter? Sounds like we are borrowing from our self.. Ike gwụrụ

Borrowing from it to do what? After all all the borrowings I have been tagged to a reason or issue either for rail or something. So madam u borrow the to keep for ur account? I no blame u na Buhari I blame

Zainab is the most confused minister in the history of Nigeria. I've never seen a minister like her in my entire life.

indirectly she don give account of those recovered looted money. Kai!...

When all of them are there, they manage National fund like family business.

Story story😏

what is actually going on? Delta state governor quick and collect delta state recovered loot oh, before federal government send it all.

Street..

It’s so obvious, robbing Paul to pay Peter.

Which kind witch this ppl dey chop bikonu?🙄

Can't you people just resign?

I don’t want to say God I blame U for making me a Nigerian, but let me be watching Your plan for me as U created me to be a Nigerian simply!

Lobatan

Hmmmm the borrowing government. Is she sure they have not been relooting it sha

Did you get approval of the citizens?

Shift let me faint

Lie Muhammad

Borrowing and looting it ba.

Oh God, why did you bring me to this country?

Very soon, FG will start borrowing from individual account

And EFCC not doing their job

Like wtf this people no rate us at all

Confused people

Oh really 🤣🤣🤣🤣🤣

Such arrogance and effrontery...... Like as if the money was theirs

Wicked and useless government

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