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Nairaland Forum / Nairaland / General / Business / Five South West Sates Owes 45% Of The Country's External Debt Stock by States. (8691 Views)
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Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by Atouke: 9:30pm On Aug 22, 2014 |
[size=13pt] Every newborn child That is born in the five SW states has a debt of N8,480 hanging on their necks the day they are born for no fault of their own, other than the fact that APC governors has mismanaged their economy and pilled these debts on their behalf. They now have to grow up get a job and pay their taxes to offset these loans that their Usless governors are borrowing th train their kids, and treat headaches/fever abroad, by private jet, payoff their God father BAT and stuff their personal foreign accounts. deris God O! We need to protest this injustice perpetrated by Tinubu and his Minions running the APC states in the SW [/size] 3 Likes |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by kel4soft: 9:31pm On Aug 22, 2014 |
Atouke: State Amount Owed I think say PDP and their brother GDI say na Amaechi owe pass. We are really in a healthy position. |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by ujoinme: 9:39pm On Aug 22, 2014 |
Oh SW governors! please stop borrowing and squandering/mortgaging the future of your unborn children in the name of foreign debt that goes to your foreign accounts. 5 Likes |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by kel4soft: 9:39pm On Aug 22, 2014 |
atlwireles: Like seriously? Just for clarification, Is Rivers water loan on FG's head since she is gonna pay back in 22years time with an interest rate of 0.03%. BTW, am not sure the $250m has been included in this since the state is yet to officially access the loan though appreciative progress had been made. |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by jazzydee: 9:42pm On Aug 22, 2014 |
Lord have mercy how many years will it take those five states to repay $1.4Billion. this usless APC governors are killing their states 4 Likes |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by jazzydee: 9:44pm On Aug 22, 2014 |
Atouke: [size=13pt] Every newborn child That is born in the five SW states has a debt of N8,480 hanging on their necks the day they are born for no fault of their own, other than the fact that APC governors has mismanaged their economy and pilled these debts on their behalf. |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by atlwireles: 9:45pm On Aug 22, 2014 |
kel4soft: Did you grantee the loan or did the Nigerian federal government grantee the loan. When you default, who is going to pay it back? 1 Like |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by Nobody: 9:47pm On Aug 22, 2014 |
ola6: Notice my "sophisticated" progressives will avoid this thread. Are we Yorubas sane or blind?! Can't we see we are selling our future and kids future to the Tinubu/APC dynasty?!I'll sue my parents if I had a brain like yours. Mothafucker |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by aresa: 9:49pm On Aug 22, 2014 |
atlwireles: Nonsense.... We know OBJ washed away at least our external debt before he left, but under the same GEJ/PDP... A break-down of the rising debt profile showed that Federal Government's external and domestic debts amounted to N8.8 trillion or $57.030 billion as at the end of June 2014 Total state's debt both internal and external remains at around $13 billion while FG's external and internal total is $57 billion Get educated and quit peddling rubbish... 1 Like |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by aresa: 9:53pm On Aug 22, 2014 |
ujoinme: Oh SW governors! please stop borrowing and squandering/mortgaging the future of your unborn children in the name of foreign debt that goes to your foreign accounts. Where is the largest state budget in West Africa and N60 billion worth of Akwa Ibom debt? A few roads in Uyo, scores of uncompleted projects private jet, 4 luxury benz trucks, money for luxury gifts for celebrities and private Dubai wedding for dozes, free awoof dash dash on Abuja Hotel and confiscation in the US... Who is going to pay all that debt? Poor people of Akwa Ibom right? |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by atlwireles: 9:56pm On Aug 22, 2014 |
aresa: I truly don't have time for your lies. When Obj left office in 2006 Nigeria's external debt was $3.5B. You seem so well educated, yet, your lies are playing tricks on you. http://www.dmo.gov.ng/oci/edebtstock/docs/External%20Debt%20Stock%20as%20at%2031st%20December,%202006.pdf 2 Likes |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by Atouke: 9:58pm On Aug 22, 2014 |
aresa: SW states are killing their generation unborn with debt. This is not to bash the region but for real their governors are taking them for a ride. Its just plain injustice to borrow/owe such ungodly debt. |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by aresa: 10:00pm On Aug 22, 2014 |
[s] Atouke:[/s] Keep quiet with your dumb and unintelligent rubbish... |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by ujoinme: 10:05pm On Aug 22, 2014 |
The Debt in these five states are just too much . these governors are progressive borrowers. 1 Like |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by manny4life(m): 10:07pm On Aug 22, 2014 |
kel4soft: Every foreign or external loan must be subject to statutory approval, which by virtue of the DMO MUST be GUARANTEED by the Federal Govt. No external agency will loan a state entity without FG approval. 2 Likes |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by Gbawe: 10:07pm On Aug 22, 2014 |
Atouke: Chei please we should reign in our south west governors before they borrow the whole country to death. These APC governors sabi borrow too much Ole, Barawo. Your 419 is busted already. Stop talking. What have you done with the $6.4 billion the FG owes when you made your own calculation of "the Country's External Debt Stock" and arrived at the figure of $3.013 billion instead of the real total figure of $9.4 billion, including the $6.4 billion the FG owes which you tossed away fraudulently as if such does not exist? Is this how you guys steal and lie brazenly? Olodo, the SW does not "Owe 45% Of The Country's External Debt Stock" as you assert with your primitive, unintelligent and desperate attempt at 419. Rather, the failed FG, currently led by your messiah GEJ, owes almost 70% of the Country's external debt stock with nothing on the ground to show for this. Go to the SW States to see, in contrast with the status quo for the looting FG led by GEJ the grand priest of corruption, what is on ground as evidence of borrowing. Do you expect to see, as an example, the great strides in infrastructural development under Amosun in 3 years without an increase in debt which Ogun has no problem servicing? Mumu. In contrast, what is the FG doing with all it is borrowing? What happened to the $18 billion disbursed to fight Boko Haram only for our army men to be deserting in droves while complaining bitterly about lack of funding? Do you know the billions of dollars the PDP-led centre, since 1999, has sunk into the power sector, with nada seen as gains by Nigerians, to appreciate your own mumuism? You only end up showing up the corrupt menace in Aso Rock looting profusely, while Nigeria sees nada in return, if we begin talking about what is most important in relation to States and Governments borrowing money. I.e what has been delivered on ground commensurate with what has been received rather than this amateur and bigotry-led scaremongering you are packaging for semi-illiterates too ignorant and too easily 'herded' to think for themselves and see the thousands of holes in your basket of ethnocentric and anti-SW deception. 9 Likes |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by Atouke: 10:09pm On Aug 22, 2014 |
ujoinme: The Debt in these five states are just too much . these governors are progressive borrowers. the bolded progressive borrowers indeed. |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by GeneralBadman: 10:10pm On Aug 22, 2014 |
Gbawe: The OP, likely another ethnocentric semi-illiterate, looking to tarnish the SW by hook or by crook writes, in a brazen show of 419 shamelessness, as his thread title: "Five South West Sates Owes 45% Of The Country's External Debt Stock." Sir, The OP is what we call in Abuja, MUNTULLAR. No sense whatsoever. He never did his math very well or maybe his math skill is too poor. He knows nothing about conversion and percentage. Too badt for him. I've opened another thread to correct his stewpeedity shaaaa. Long Life Sir. You and Ilugunboy are my MENTORS. May God Preserve You For Us Sir. Konmight Say So. 7 Likes |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by manny4life(m): 10:11pm On Aug 22, 2014 |
atlwireles: Indeed, we must find a way out of this, no state should hold other states indebted to their own debt. Before any loan is guaranteed, the state MUST pledge some sought of natural rights, asset, resource and what not. |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by Atouke: 10:12pm On Aug 22, 2014 |
Gbawe: You and every member of your family owe N8,480 courtesy of your governors you better start strategising on how to pay your debt. assuming there are 5 people in your family ie you wifey and 3 kids thats about N50,000 minus interest 5 Likes |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by kel4soft: 10:15pm On Aug 22, 2014 |
manny4life: So from the list as provided by DMO, It reads FG as 8.3billion naira. So am not seeing the reflection of $250m |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by kel4soft: 10:16pm On Aug 22, 2014 |
atlwireles: You could be right but from the FG figure, no way has been released. |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by aresa: 10:19pm On Aug 22, 2014 |
atlwireles: And the rubbish you posted was for what reason? That the PDP and GEJ are not responsible for $57.030 billion or not sinking us into more debt hole? Please stop the ignorant and ridiculous nonsense abeg.. |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by jazzydee: 10:19pm On Aug 22, 2014 |
These is serious debt that is being piled up by silly governors. 2 Likes |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by Gbawe: 10:20pm On Aug 22, 2014 |
Atouke: Yahoo-yahoo boy, why don't you go and face your primary job of distributing scam emails to people with mathematics skills poorer than yours which is awful anyway? Some of you should go and register for evening adult classes immediately yet you are here disturbing others who are productive members of society. 419 + inferiority complex + obsession with Yoruba land is a bastard of a mix certain to destroy minds. Seek help. 3 Likes |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by Papertrail11(m): 10:21pm On Aug 22, 2014 |
lets not forget how gbenga Daniel crumbled ogun state financially. ...... a lot of states revenue have been slashed all by the pdp govt in the name of oil theft.... the suffering is much on the pple and d States everybody in the state is careful about removing anything stealing from d state treasury.... so dont blame wen dey borrow to fiancance their states one thing I know is all dat glitters aint gold even if someone has phd msc bbd bbc and has represented imf as their board dosent mean dey can create jobs and sustain a countries economy.....dey might be better off as a Secretary. ...am referening okondo showela |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by atlwireles: 10:21pm On Aug 22, 2014 |
[s] aresa:[/s] |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by Atouke: 10:24pm On Aug 22, 2014 |
Gbawe: You are about paying for the sin of supporting progressive borrowers, they just put a N 8,580 debt on you and each member of your house hold and every child that will be born into your family. it will take generations to pay off those debt. The progressive borrowers are the real yahoo boys but you cant see that because you have been blinded by APC stomach infrastructure. 1 Like |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by aresa: 10:26pm On Aug 22, 2014 |
atlwireles: .................... Great idea. I have no problem with you shutting your ignorant mouth. |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by Donmarrius: 10:28pm On Aug 22, 2014 |
aresa:And you forgot your sw is owing Anambra? 2 Likes |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by jazzydee: 10:28pm On Aug 22, 2014 |
Atouke: lol op you too much o. but seriously this is way too much debt. |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by sweetgala(m): 10:30pm On Aug 22, 2014 |
This is alarming , what have we done with all these loans we've accumulated. I sincerely think we need a disciplined president for at least 20 years. These bastards have traded the future of our children. 1 Like |
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