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FG Seeks ¥15 Billion Japanese Loan To Boost Food Security - Politics (2) - Nairaland ln2j

FG Seeks ¥15 Billion Japanese Loan To Boost Food Security (5364 Views)

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Angelfrost(m): 3:36pm On Jun 05
Borrowing money and doing bambiala all over the place...!

Those giving them this money can't be ignorant of the fact that they can never repay them...

I guess it's good business to keep ripping off the service interest every year till eternity.

2 Likes

Thewrath(m): 3:36pm On Jun 05
You are borrowing to boost food security,why not open the borders since it’s obvious we are not self sufficient!

4 Likes

CodeTemplarr: 3:38pm On Jun 05
According to the statement, the $110m facility is designed to Nigeria’s food production systems and build resilience amid persistent global supply challenges and domestic inflationary pressures.

“The JPY 15bn facility (approximately $110m) aims to Nigeria’s food production systems and enhance resilience amid ongoing global supply challenges,” the ministry added.

See Giramaaaa(Grammar)...LOL.

2 Likes

ZombieDredd: 3:40pm On Jun 05
Maxymilliano:


https://punchng.com/fg-seeks-%c2%a515bn-japanese-loan-to-boost-food-security/?fbclid=IwQ0xDSwKuTGRjbGNrAq5MX2V4dG4DYWVtAjExAAEevhfeDTt0WKGUrlau1ERbzNSc5W7SXd25yQ66e2nxG2qh-SaOBM3FsB0lwvA_aem_fUoDMFTzN9hHgdkpOTRAsw
na japan dem face now cheesy cheesy cheesy cheesy

ministry of agriculture budgeted 200million to train girls in hairdressing amongst other inanities grin grin grin grin

but they want to collect loan for food security lipsrsealed

2 Likes

ZombieDredd: 3:41pm On Jun 05
christejames:
😂 You claim to have cleared the IMF debt of the west only to open the borrowing windows of the east?





Only an Agbado govt does that... Govt that can't create or manage assets. We are not even talking about the money accrued from the said subsidy yet...
they can only deceive foools and idiotic agbadorianzombies.

4 Likes

Ebinpawo1: 3:42pm On Jun 05
Which kind thing is all these?

2 Likes 1 Share

Chummynoni(m): 3:44pm On Jun 05
christejames:



Everything is smart as far as your 20k allowance is in the loan 😂
😭😭😭😭😭😭

1 Like

ufotunang: 3:48pm On Jun 05
SoftSport:
This is a smart plan to help farmers and bring more food and thanks to president Tinubu for working to get this loan.
..let the federal government use the money to buy tractors, irrigation equipments, fertilizers, seedlings for farmers for farming to increase food production
ufotunang: 3:51pm On Jun 05
ZombieDredd:

na japan dem face now cheesy cheesy cheesy cheesy

ministry of agriculture budgeted 200million to train girls in hairdressing amongst other inanities grin grin grin grin

but they want to collect loan for food security lipsrsealed
. wetin concern agriculture with hairdressing ?
RenoOkriTheGoat: 3:55pm On Jun 05
Thieves. Tinubu is a crook.

3 Likes 1 Share

ZombieDredd: 3:55pm On Jun 05
ufotunang:

. wetin concern agriculture with hairdressing ?
that question na dem go answer oo
RenoOkriTheGoat: 3:56pm On Jun 05
SoftSport:
This is a smart plan to help farmers and bring more food and thanks to president Tinubu for working to get this loan.

Anything for 30k stipend.

4 Likes 1 Share

Christlike01: 4:06pm On Jun 05
You guys have no intention of boosting any food security; it's all a lie! The money,as usual, will be shared among the polithiefians while the masses continue to wallow in hunger and abject poverty!

3 Likes 1 Share

Numerouno94(m): 4:06pm On Jun 05
SoftSport:

It’s funny how every good move Tinubu makes suddenly becomes 'a scam' to some people, especially from that one tribe that’s been bitter since their favorite didn’t win. It’s like they’re praying for failure just to say 'I told you so,' even if it means the country burns. Sorry, but leadership isn’t based on emotions or ethnic bias it’s about results. And whether you like it or not, the man is making moves.

Tank God u said leadership is about results. It's been over 2yrs now and we yet to get results. Wat do u have to say to that?

3 Likes

SugarRay001: 4:06pm On Jun 05
ufotunang:
..let the federal government use the money to buy tractors, irrigation equipments, fertilizers, seedlings for farmers for farming to increase food production
and also buy them guns to protect them from herdsmen
atobs4real(m): 4:10pm On Jun 05
bigpicture001:
Haaa! Them don enter Japan loan..? Never heard of Japan laon before oooo

Small time we go enter Singapore loan
Our government will still borrow from Syrian government

3 Likes

ZombieTAMER: 4:10pm On Jun 05
SoftSport:
This is a smart plan to help farmers and bring more food and thanks to president Tinubu for working to get this loan.

SMH

it's a pity for Nigerian youths

1 Like

Centrik360(m): 4:11pm On Jun 05
When will Nigeria start borrowing other countries money!

1 Like 1 Share

PlanetZero: 4:12pm On Jun 05
SoftSport:
This is a smart plan to help farmers and bring more food and thanks to president Tinubu for working to get this loan.


It seems you have to have your conscience dead to be an apc er

3 Likes

PlanetZero: 4:13pm On Jun 05
ufotunang:
..let the federal government use the money to buy tractors, irrigation equipments, fertilizers, seedlings for farmers for farming to increase food production


Money they will loot again. Are u a newbie

3 Likes

Brushstrokes20: 4:15pm On Jun 05
The useless govt of self serving crooks and insatiable criminals is at it again 👎👎👎👎👎

# borrow and LOOT 💯💯💯💯

3 Likes 1 Share

lexy2014: 4:19pm On Jun 05
SoftSport:

It’s funny how every good move Tinubu makes suddenly becomes 'a scam' to some people, especially from that one tribe that’s been bitter since their favorite didn’t win. It’s like they’re praying for failure just to say 'I told you so,' even if it means the country burns. Sorry, but leadership isn’t based on emotions or ethnic bias it’s about results. And whether you like it or not, the man is making moves.

how has tinubu shown leadership and not emotions in successfully tackling corruption, nepotism, cronyism, hunger, unemployment, hardship, poverty, inflation, wasteful government spending, budget padding, insecurity, bad governance, failing public infrastructure, poor medial services and falling standard of education?

is it people praying for failure just to say 'I told you so' that is responsible for tinubu failing in governance?

1 Like

Bestwt001: 4:20pm On Jun 05
The Federal Government’s renewed push for yet another foreign loan—this time ¥15bn from Japan for food security—highlights a troubling pattern of borrowing without clear, measurable outcomes. Despite already owing JICA over \$53 million, the government seeks to triple that debt, even as past interventions have failed to significantly curb food inflation or improve local production.

What’s more concerning is the timing—asking for \$110 million more while requesting an additional \$21.5 billion in external borrowing—suggests a reliance on debt as a default solution rather than investing in long-term, sustainable agricultural reforms. The urgency for this loan, despite the rainy season already being underway, points to poor planning and delayed action.

Nigerians deserve transparent, results-driven governance—not endless borrowing that future generations will be left to repay.
mecuries(m): 4:22pm On Jun 05
From Japan?.... where next? Togo?
theredaddy: 4:24pm On Jun 05
Maxymilliano:
Tinubu removed subsidy to stop borrowing loans and save money for infrastructure development and food security, now he's borrowing loans to cushion the effects of subsidy removal


welcum to Nigeria bro, a nation parrel to logical sense

1 Like

OgidiHerbals: 4:28pm On Jun 05
These people no get shame o

1 Like 1 Share

GboyegaD(m): 4:33pm On Jun 05
The future of the generation is mortgaged in loans borrowed by a government who do not have the interest of the citizens at heart yet, the citizens fight themselves over the same government all for trivial reasons. Aren't we worse than Esau in the pottage for birthright story?

6 Likes 1 Share

Jevica: 4:35pm On Jun 05
You must be very naive for this comment. get rid of insecurity and allow farmers return to farms and foods will be surplus in less than 6 months. these criminals are borrowing to loot into personal coffer and you are here deluding yourself with empty stomach

SoftSport:
This is a smart plan to help farmers and bring more food and thanks to president Tinubu for working to get this loan.

1 Like

femi4: 4:37pm On Jun 05
Borrow Borrow

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