Tech

FG To Borrow N823b Through Treasury Bills In First Quarter 2019 – Politics

FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by TrendingAccount: 6:29am
The federal authorities of Nigeria is about to borrow N823 billion from the home financial system within the first quarter of the yr 2019 (Q1’19) by means of treasury payments which will probably be issued by the Central Financial institution of Nigeria (CBN).

The Apex financial institution disclosed this in its treasury payments (TB) issuance programme for Q1’19 which was launched yesterday. The recent TBs to be issued in the course of the quarter comprise of N51.5 billion value of 91-Days TBs, N164.9 billion value of 182-Days TBs and N607.1 billion value of 364-Days TBs.

The evaluation of media big Vanguard confirmed that from January third to January 31st the CBN will difficulty N555.02 billion value of TBs comprising N23.eight billion value of 91-Days payments, N116.16 billion value of 182-Days payments and N415.06 billion value of 364-Days payments.

In February 2019, CBN will concern N268.7 billion value of TBs comprising N27.eight billion value of 91-Days payments, N48.eight billion value of 182-Days payments and N192.1 billion value of 364-Days payments.

However the quantity of recent TBs to be issued is N84.87 billion lower than the N907.87 billion value of TBs that may mature and in addition be repaid through the interval, reflecting the FG’s determination to scale back home borrowing in favour of overseas borrowing.

The maturing TBs is made up of N59 billion value of 91-Days TBs, N248.eight billion value of 182-Days TBs and N678.1 billion value of 364-Days TBs.

SOURCE: https://www.trendingaccounting.com/2019/01/fg-of-nigeria-to-borrow-n823b-through.html

three Shares

Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by iammo(m): 6:31am
cool

Cool Funding alternative, however CBN can do higher than 10% achieve…

i really like buhari’s credit score based mostly price range funding, moderately than ready to earn from every day oil sale batch by batch.. he already has one thing to work with, and when the cash lastly is available in we will pay again whereas creating funding oppurtunity for residents.

that is the mannequin adopted by America and U.A.E, however greed and corruption wouldnt let PDP pigs to undertake this mannequin therefore the litering of Nigeria with deserted tasks.

typical black man with black thoughts, a white man sees a financial institution as a spot to get cash to raised his funds by means of automotive mortgage, mortgage, and startup grants, whereas a dunce black man thinks financial institution is for financial savings and transactions solely

13 Likes

Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by NaijaRoyalty: 6:31am

Buhari and borrow borrow are inseparable

16 Likes

Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by godwinkessi: 6:41am

Like for Atiku, share for Buhari

48 Likes 10 Shares

Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by In2systemsTech(m): 6:42am
NaijaRoyalty:
Buhari and borrow borrow are inseparable
hmmm…
Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by DLifeless1: 6:42am
Kai!

. I observed it’s days to election durations that the military do make fronts on this their conflict, so am nonetheless asking, what is definitely occurring?
APC is claiming PDP ran Nigeria down in 16 years, okay, what’s the means ahead? A person got here and promised us that 1 greenback might be 1 naira, that terrorism conflict will finish in three months when he enters workplace, that we’ll have regular electrical energy provide in 6 months, that he’ll promote a lot of the presidential fleet to curb extreme spending, plus different issues together with preventing corruption. We pushed the recognized satan for an unknown angel. Their first excuse was that PDP left the treasury dry, however loots and luggage of cash is being found right here and there with no identify talked about, the story is now modified to subsequent degree as in once they have been dishing their marketing campaign guarantees they did not know PDP milked the nation.
What we feared most occurred, in case you are in opposition, you’re hunted until virtually all of the supposed corrupt PDP riffraffs at the moment are in APC as saints and main the campaigns, so now are we to attend for an additional 16 years for these goons who ran Nigeria down in 16 years to rerun it down once more earlier than our mind begins functioning.
That Trump is profitable is as a result of he had a objective, our present president obtained an f9 in widespread arithmetic, our vice President cannot even categorical himself fluently, the police ig is a Stark transmitter who’s partician and similar with the military that I used to be able to do something to hitch cos I needed to serve however because it stands perhaps God is aware of the nation is misplaced to imbeciles who have already got succeeded in dividing the nation between spiritual and ethnic line that we have forgotten that is one nation and never totally different nations which are allies.
No freedom of speech once more, the polititians have noting to supply wanting on the manifestos they brandish, in abia, the PDP slowpoke is campaigning based mostly on zoning, that’s he has no plans in any respect or what developmental technique to uplift the state, within the nationwide degree, I worry what PDP as in skeptical as a result of the English in it tends to confuse than elaborate and APC is simply crammed with Stark failures from the previous PDP, no path, in chaos, distorted and silly.
I simply noticed a submit of the brand new dangote refinery that may begin producing not now, am not saying its not good however different nations just like the desert we use to know as UAE actually are effective tuning their electrical automobiles, why cannot Nigeria finances extra or make investments extra in schooling and analysis like Israel. Think about, the scholars are at residence, faculties on strike and these guys are joyful and unperturbed doing their marketing campaign rallies and these similar college students whom their future is sacrificed kill and maim themselves for these egocentric bastards. It is simply as If this strike was intentionally deliberate to frustrate the scholars to remain at house and do their election biddings, overseas corporations like mtn and multichoice milk the residents dry and the federal government haven’t any answer to it cos a few of them have being bribed to be docile, as a Nigerian citizen you do not even have the fitting to stay your life as a result of one drunk illiterate police or military with inferiority complicated will snuff your life off you and there’s no tangible headway or mild on the finish of the tunnel.
I observed from the world I keep that the wealthy needs the poor to be poorer to serve them and to control them, am towards relying on anybody however if you cannot assist your neighbor, do not decieve him, allow us to all the time inform ourselves the reality. Youths now worth crime as an escape route as a result of they have been made to know that their greatest efforts will quantity to noting.
One other information is that fg is to borrow one other 823billion naira in first quarter of 2019, please who did we offend?

Critically once I see individuals struggle over political points and curiosity right here, I solely perceive that there isn’t a hope for Nigeria once more, these polititians know that’s the reason none of their youngsters reside in Nigeria as a result of they know what they’ve carried out, that’s the reason once I noticed the information of that idiot stabbed throughout apc rally, I had no compassion for his ineffective soul cos he died in useless and you will see another fools will go on to struggle.
Why cannot we ditch all these previous idiots and look inside ourselves for a greater choice, most of those males will not be alive within the subsequent 30 years, it’s we and our youngsters that can be reaping the seeds we’re sowing now.
As for me, so far as I do know my conscience is obvious and I contributed noting dangerous to this nation, I am going to by no means comply with you guys to endure it interval.

40 Likes 7 Shares

Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by Imlopti: 6:44am

O

Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by OdikwaRisky: 6:44am
Most Nigerians will not perceive this or its implications na solely fück matter dem know cross grin Bunch of illiterates

Anyhow, whats the rate of interest? I am prepared to lend a few of my cash to the gov’t at a superb fee of return angry

10 Likes

Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by Makawhizzy: 6:44am

We hold listening to remittances in trillions but we borrow in billions

6 Likes 1 Share

Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by seunfly: 6:44am

Okay

Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by EmmaOgbu(m): 6:44am
I ended lending to govt once they lowered the rate of interest early final yr, now they need to scale back native borrowing to favour overseas borrowing when the curiosity on overseas borrowing is greater. What a authorities?

Why not improve the curiosity on native borrowing to encourage your residents financially?

Lack of excellent financial system coverage is the most important factor that’s killing our financial system.

2 Likes

Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by arabbunkum: 6:44am

Scammers all over the place! After all of the report breaking remittances from the federal businesses and the recovered Abacha loot? Ole!!!

eight Likes

Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by OhiOfIhima: 6:44am
Is that each one?

No matter has starting should certainly has an finish in the future..

2 Likes

Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by DjAduba(m): 6:44am

Okay

Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by lonelydora: 6:44am

Buhari’s authorities is an enormous joke

9 Likes

Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by EpsBlogger(m): 6:44am

Make #50,000 to #70,000 weekly with out referring by simply doing easy on-line mail processing.
Proofs obtainable.
Ask me how

Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by Cutefergieee: 6:45am

Okay

Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by izzy4shizzy(m): 6:45am
Them no the tire to borrow

It appears the finances is funded by borrowed funds

But on a regular basis you hear about trillions generated internally, is it that our govt makes use of this generated cash to marketing campaign or share amongst themselves

1 Like

Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by helinues: 6:46am

Okay

Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by VivaDeAngelo: 6:46am

Borrow borrow authorities bereft of concepts to create wealth.

2 Likes

Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by OLAFIMIX(f): 6:46am

Good day home, pls can anybody assist with a self include or mini-flat at Jakande Property / iyana isheri at Isolo axis to lease. I haven’t got cash for agent palava. Thanks

1 Like

Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by seunfly: 6:47am
VivaDeAngelo:
Borrow borrow authorities bereft of concepts to create wealth. Makawhizzy:
We hold listening to remittances in trillions but we borrow in billions
The tittle is deceptive, it’s the regular treasury invoice Nigerian authorities has been doing lengthy b4 Buhari administration. It serves two objective as a result of it assist CBN mop up extra money in circulation to keep away from inflation it additionally helps authorities to regulate liquidity in circulation whereas it’s the most secure funding for public. Many Nigerians will not be clever sufficient to reap the benefits of this cool funding.

You must open your eyes to see alternatives when it comes.

6 Likes

Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by Stakeholders(m): 6:47am
Good transfer by the Central Financial institution

Nigeria shall be nice once more

All politicians who corrupt this nation be prepared for revolution

Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by natureboy2(m): 6:47am
hmm.. undecided
Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by 9japrof(m): 6:47am
iammo:

Cool Funding alternative, however CBN can do higher than 10% achieve…

i really like buhari’s credit score based mostly finances funding, moderately than ready to earn from every day oil sale batch by batch.. he already has one thing to work with, and when the cash lastly is available in we will pay again whereas creating funding oppurtunity for residents.

that is the mannequin adopted by America and U.A.E, however greed and corruption wouldnt let PDP pigs to undertake this mannequin therefore the litering of Nigeria with deserted tasks

Are you able to simply sit down and take heed to the bullshit you’re reeling out this morning…

Should you defend monetary recklessness, I do know you’re keen on buhari a lot and consider him as a mini-god, cannot you simply “Waka and Pass” the place there’s indiscretion in his half like this one as an alternative of defending stupidity

1 Like

Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by Boyooosa(m): 6:48am
DLifeless1:

Kai!

. I observed it’s days to election durations that the military do make fronts on this their conflict, so am nonetheless asking, what is definitely occurring?
APC is claiming PDP ran Nigeria down in 16 years, okay, what’s the approach ahead? A person got here and promised us that 1 greenback might be 1 naira, that terrorism warfare will finish in three months when he enters workplace, that we’ll have regular electrical energy provide in 6 months, that he’ll promote a lot of the presidential fleet to curb extreme spending, plus different issues together with preventing corruption. We pushed the recognized satan for an unknown angel. Their first excuse was that PDP left the treasury dry, however loots and luggage of cash is being found right here and there with no identify talked about, the story is now modified to subsequent degree as in once they have been dishing their marketing campaign guarantees they did not know PDP milked the nation.
What we feared most occurred, in case you are in opposition, you’re hunted until virtually all of the supposed corrupt PDP riffraffs at the moment are in APC as saints and main the campaigns, so now are we to attend for an additional 16 years for these goons who ran Nigeria down in 16 years to rerun it down once more earlier than our mind begins functioning.
That Trump is profitable is as a result of he had a function, our present president acquired an f9 in widespread arithmetic, our vice President cannot even categorical himself fluently, the police ig is a Stark transmitter who’s partician and similar with the military that I used to be able to do something to hitch cos I needed to serve however because it stands perhaps God is aware of the nation is misplaced to imbeciles who have already got succeeded in dividing the nation between spiritual and ethnic line that we have forgotten that is one nation and never totally different nations which might be allies.
No freedom of speech once more, the polititians have noting to supply wanting on the manifestos they brandish, in abia, the PDP slowpoke is campaigning based mostly on zoning, that’s he has no plans in any respect or what developmental technique to uplift the state, within the nationwide degree, I worry what PDP as in skeptical as a result of the English in it tends to confuse than elaborate and APC is simply crammed with Stark failures from the previous PDP, no course, in chaos, distorted and silly.
I simply noticed a submit of the brand new dangote refinery that may begin producing not now, am not saying its not good however different nations just like the desert we use to know as UAE actually are high-quality tuning their electrical automobiles, why cannot Nigeria finances extra or make investments extra in schooling and analysis like Israel. Think about, the scholars are at residence, faculties on strike and these guys are glad and unperturbed doing their marketing campaign rallies and these similar college students whom their future is sacrificed kill and maim themselves for these egocentric bastards. It is simply as If this strike was intentionally deliberate to frustrate the scholars to remain at residence and do their election biddings, overseas corporations like mtn and multichoice milk the residents dry and the federal government haven’t any answer to it cos a few of them have being bribed to be docile, as a Nigerian citizen you do not even have the appropriate to reside your life as a result of one drunk illiterate police or military with inferiority complicated will snuff your life off you and there’s no tangible headway or mild on the finish of the tunnel.
I observed from the world I keep that the wealthy needs the poor to be poorer to serve them and to control them, am towards relying on anybody however if you cannot assist your neighbor, do not decieve him, allow us to all the time inform ourselves the reality. Youths now worth crime as an escape route as a result of they have been made to know that their greatest efforts will quantity to noting.
One other information is that fg is to borrow one other 823billion naira in first quarter of 2019, please who did we offend?

Significantly once I see individuals struggle over political points and curiosity right here, I solely perceive that there isn’t any hope for Nigeria once more, these polititians know that’s the reason none of their youngsters reside in Nigeria as a result of they know what they’ve finished, that’s the reason once I noticed the information of that idiot stabbed throughout apc rally, I had no compassion for his ineffective soul cos he died in useless and you will see another fools will go on to struggle.
Why cannot we ditch all these previous idiots and look inside ourselves for a greater choice, most of those males will not be alive within the subsequent 30 years, it’s we and our youngsters that can be reaping the seeds we’re sowing now.
As for me, so far as I do know my conscience is obvious and I contributed noting dangerous to this nation, I am going to by no means comply with you guys to endure it interval.

You made sense however drawing conclusion & citing suggestions would have gone a great distance and be related u know?

MW, easy observe on method ahead would have saved you and us this legendary epistle.

Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by Shawnnn01: 6:48am
Right here we go once more with one other Biafran with some mindless shii to spill. My hassle we’re Nigerians and we gained’t be gullible like the two million Ojukwu led to their early graves. Our personal head right if una personal no right

DLifeless1:
Kai!
. I observed it’s days to election durations that the military do make fronts on this their conflict, so am nonetheless asking, what is definitely occurring?
APC is claiming PDP ran Nigeria down in 16 years, okay, what’s the means ahead? A person got here and promised us that 1 greenback might be 1 naira, that terrorism conflict will finish in three months when he enters workplace, that we’ll have regular electrical energy provide in 6 months, that he’ll promote a lot of the presidential fleet to curb extreme spending, plus different issues together with preventing corruption. We pushed the recognized satan for an unknown angel. Their first excuse was that PDP left the treasury dry, however loots and luggage of cash is being found right here and there with no identify talked about, the story is now modified to subsequent degree as in once they have been dishing their marketing campaign guarantees they did not know PDP milked the nation.
What we feared most occurred, in case you are in opposition, you’re hunted until virtually all of the supposed corrupt PDP riffraffs at the moment are in APC as saints and main the campaigns, so now are we to attend for an additional 16 years for these goons who ran Nigeria down in 16 years to rerun it down once more earlier than our mind begins functioning.
That Trump is profitable is as a result of he had a function, our present president obtained an f9 in widespread arithmetic, our vice President cannot even categorical himself fluently, the police ig is a Stark transmitter who’s partician and similar with the military that I used to be able to do something to hitch cos I needed to serve however because it stands perhaps God is aware of the nation is misplaced to imbeciles who have already got succeeded in dividing the nation between spiritual and ethnic line that we have forgotten that is one nation and never totally different nations which might be allies.
No freedom of speech once more, the polititians have noting to supply wanting on the manifestos they brandish, in abia, the PDP slowpoke is campaigning based mostly on zoning, that’s he has no plans in any respect or what developmental technique to uplift the state, within the nationwide degree, I worry what PDP as in skeptical as a result of the English in it tends to confuse than elaborate and APC is

Kai!

. I observed it’s days to election durations that the military do make fronts on this their struggle, so am nonetheless asking, what is definitely occurring?
APC is claiming PDP ran Nigeria down in 16 years, okay, what’s the means ahead? A person got here and promised us that 1 greenback can be 1 naira, that terrorism conflict will finish in three months when he enters workplace, that we’ll have regular electrical energy provide in 6 months, that he’ll promote a lot of the presidential fleet to curb extreme spending, plus different issues together with preventing corruption. We pushed the recognized satan for an unknown angel. Their first excuse was that PDP left the treasury dry, however loots and luggage of cash is being found right here and there with no identify talked about, the story is now modified to subsequent degree as in once they have been dishing their marketing campaign guarantees they did not know PDP milked the nation.
What we feared most occurred, in case you are in opposition, you’re hunted until virtually all of the supposed corrupt PDP riffraffs at the moment are in APC as saints and main the campaigns, so now are we to attend for an additional 16 years for these goons who ran Nigeria down in 16 years to rerun it down once more earlier than our mind begins functioning.
That Trump is profitable is as a result of he had a objective, our present president acquired an f9 in widespread arithmetic, our vice President cannot even categorical himself fluently, the police ig is a Stark transmitter who’s partician and similar with the military that I used to be able to do something to hitch cos I needed to serve however because it stands perhaps God is aware of the nation is misplaced to imbeciles who have already got succeeded in dividing the nation between spiritual and ethnic line that we have forgotten that is one nation and never totally different nations which are allies.
No freedom of speech once more, the polititians have noting to supply wanting on the manifestos they brandish, in abia, the PDP slowpoke is campaigning based mostly on zoning, that’s he has no plans in any respect or what developmental technique to uplift the state, within the nationwide degree, I worry what PDP as in skeptical as a result of the English in it tends to confuse than elaborate and APC is simply full of Stark failures from the previous PDP, no path, in chaos, distorted and silly.
I simply noticed a publish of the brand new dangote refinery that may begin producing not now, am not saying its not good however different nations just like the desert we use to know as UAE actually are high-quality tuning their electrical automobiles, why cannot Nigeria price range extra or make investments extra in schooling and analysis like Israel. Think about, the scholars are at residence, faculty on strike and these guys are glad and unperturbed doing their marketing campaign rallies and these similar college students whom their future is sacrificed kill and maim themselves for these egocentric bastards.
I observed from the world I keep that the wealthy needs the poor to be poorer to serve them, am towards relying on anybody however if you cannot assist your neighbor, do not decieve him, allow us to all the time inform ourselves the reality. Youths now worth crime as an escape route as a result of they have been made to know that their greatest efforts will quantity to noting.
One other information is that fg is to borrow one other 823billion naira in first quarter of 2019, please who did we offend?

Critically once I see individuals battle over political points and curiosity right here, I solely perceive that there isn’t any hope for Nigeria once more, these polititians know that’s the reason none of their youngsters reside in Nigeria as a result of they know what they’ve completed, that’s the reason once I noticed the information of that idiot stabbed throughout apc rally, I had no compassion for his ineffective soul cos he died in useless and you will see another fools will go on to struggle.
Why cannot we ditch all these previous idiots and look inside ourselves for a greater choice, most of those males will not be alive within the subsequent 30 years, it’s we and our youngsters that will probably be reaping the seeds we’re sowing now.

2 Likes

Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by unite4real: 6:49am
Makawhizzy:
We hold listening to remittances in trillions but we borrow in billions
Even when there’s 100 trillion naira remittance, authorities will borrow as a result of they do not solely borrow once they want cash for bills but in addition borrow to squeeze cash from the financial system to curb inflation. The borrowing can by no means cease. Each world authorities does this. USA owe the very best on the earth.
Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by Ebrahymtj(m): 6:49am

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Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by theoldpretender(m): 6:50am
DLifeless1:
Kai!
. I observed it’s days to election durations that the military do make fronts on this their struggle, so am nonetheless asking, what is definitely occurring?
APC
This isn’t to defend the federal government. I might agree that the federal government has not been agressive sufficient in diversfying the financial system

However think about this

1.In 2016, oil value $30 per barrel.

2.In 2017 it went as much as $70 per barrel

three.Now it’s under $60

four. We’d like oil to be at $140 per barrel to run a finances with out borrowing.

So, save us the crying. The issue is our dependence on oil…one thing which each PDP and APC have refused to do something about…and one thing which they proceed to do nothing about.

The one practical answer is straightforward….we cease spending billions on subsides, we realise we’re a poor nation, and behave accordingly, we cease defending corruption, (sure, you assault APC corruption rightly, however defend the candidacy of a celebration that has its personal corrupt eggs), and yet one more factor

Cease anticipating authorities to spoon feed you.

You’re attacking this authorities appropriately, however the issue is, you’re attacking them on the idea that they don’t seem to be placing meals into your mouth. That isn’t improvement. If oil costs have been excessive, you’d be praising Bubu as an excellent chief….when the identical drawback continues to be there.

On a critical word, if in case you have learn this far…the difficulty with Nigeria is that our governments , previous and current, have been governments of placing cash in individuals’s pockets. Till we cease that behavior….and pursue a harsh improvement plan that may make us an industrialized nation, we’re going nowhere….whether or not PDP or APC win in 2019.

1 Like

Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by Makawhizzy: 6:51am
seunfly:

The tittle is deceptive, it’s the regular treasury invoice Nigerian authorities has been doing lengthy b4 Buhari administration.

Yeah I do know however to me why put out TB when you really have greater than sufficient remittance in 2018 to fund 2019 price range. As a result of TB is just native borrowing and solely time it’s crucial is that if there’s an excessive amount of cash in circulation which isn’t the case in Nigeria so the federal government was solely mendacity about all these remittances if they’re nonetheless borrowing regionally and internationally but giving out helps in big portions as if God don decide the typical naija name

Re: FG To Borrow N823b Through Treasury Bills In First Quarter 2019 by hustla(m): 6:51am
unite4real:

Even when there’s 100 trillion naira remittance, authorities will borrow as a result of they do not solely borrow once they want cash for bills but in addition borrow to squeeze cash from the financial system to curb inflation. The borrowing can by no means cease. Each world authorities does this. USA owe the very best on the earth.

Two mumus
Una no even know Wetin Treasury payments be
Smh

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