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When PDP Hears That Nigeria Foreign Reserve Has Hit $47 Billion USD - Politics - Nairaland

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Boko Haram Lived In My Home For 8 Months When PDP Was In Power -buba Marwa / Osita Chidoka: There Was No Nollywood When PDP Took Over In 1999 / Nigeria’s Foreign Reserves Hit $47 Billion - Surpass That Of South Africa by $4b (2) (3) (4)

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When PDP Hears That Nigeria Foreign Reserve Has Hit $47 Billion USD by deji17: 1:38pm On Apr 20, 2018
Nigeria’s foreign reserves hit $47 billion
https://www.premiumtimesng.com/news/top-news/264427-nigerias-foreign-reserves-hit-47-billion.html



https://www.youtube.com/watch?v=FmRaN-BM22o

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Re: When PDP Hears That Nigeria Foreign Reserve Has Hit $47 Billion USD by eTECTIVe(m): 1:41pm On Apr 20, 2018
Abeg how much do we now owe in debts??

18 Likes 1 Share

Re: When PDP Hears That Nigeria Foreign Reserve Has Hit $47 Billion USD by MrPolitics: 1:43pm On Apr 20, 2018
eTECTIVe:
Abeg how much do we now owe in debts??

This is the exact question I was about to ask

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Re: When PDP Hears That Nigeria Foreign Reserve Has Hit $47 Billion USD by fulaniHERDSman(m): 1:45pm On Apr 20, 2018
BMC posts ... with love from BMC building Utako

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Re: When PDP Hears That Nigeria Foreign Reserve Has Hit $47 Billion USD by Kennyfancy(m): 1:46pm On Apr 20, 2018
may God punish the generation of anybody that will vote for buhari come 2019,, may what is happening in Benue be upon that person family

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Re: When PDP Hears That Nigeria Foreign Reserve Has Hit $47 Billion USD by CoolFreeday(m): 1:49pm On Apr 20, 2018
God bless my President.
My vote is for PMB come 2019 by God's grace.

9 Likes 2 Shares

Re: When PDP Hears That Nigeria Foreign Reserve Has Hit $47 Billion USD by deji17: 1:50pm On Apr 20, 2018
eTECTIVe:
Abeg how much do we now owe in debts??

Go to the Debt Management office website. Here is the link. You will see how much Nigeria was owing as at June 2015 and how much the Country is owing now. You will also see how much of debt Nigeria racked up between 2012 and 2015. Then you do the comparison.

http://www.dmo.gov.ng/

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Re: When PDP Hears That Nigeria Foreign Reserve Has Hit $47 Billion USD by rottennaija(m): 1:50pm On Apr 20, 2018
eTECTIVe:
Abeg how much do we now owe in debts??

US federal government 18 trillion dollars in foreign debt as at 2015. It is projected to be 20 trillion dollars by 2019

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Re: When PDP Hears That Nigeria Foreign Reserve Has Hit $47 Billion USD by Switruth: 1:51pm On Apr 20, 2018
Only on paper.

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Re: When PDP Hears That Nigeria Foreign Reserve Has Hit $47 Billion USD by CodeTemplar: 1:59pm On Apr 20, 2018
deji17:


Go to the Debt Management office website. Here is the link. You will see how much Nigeria was owing as at June 2015 and how much the Country is owing now. You will also how much of debt Nigeria racked up between 2012 and 2015. Then you do the comparison.

http://www.dmo.gov.ng/
Both stats should be discussed in same thread as savings is opposite of debt.

5 Likes 1 Share

Re: When PDP Hears That Nigeria Foreign Reserve Has Hit $47 Billion USD by deji17: 2:06pm On Apr 20, 2018
CodeTemplar:
Both stats should be discussed in same thread as savings is opposite of debt.

That is why I gave you and the guy the link of DMO, showing where we are coming from and where we are right now.

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Re: When PDP Hears That Nigeria Foreign Reserve Has Hit $47 Billion USD by mumureloaded(m): 2:08pm On Apr 20, 2018
CoolFreeday:
God bless my President.
My vote is for PMB come 2019 by God's grace.
Ogun kill you there

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Re: When PDP Hears That Nigeria Foreign Reserve Has Hit $47 Billion USD by SalamRushdie: 2:09pm On Apr 20, 2018
The same PDP that handed the dullard a reserve of 33 billion USD and he was still dull..

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Re: When PDP Hears That Nigeria Foreign Reserve Has Hit $47 Billion USD by enlady(f): 2:10pm On Apr 20, 2018
Only the living can discuss foreign reserves.
Nigerians are being killed like flies on a daily basis.
The primary purpose of governance is security of lives and property. Even though security issues abound before Buhari came to power. They have worsened in the middle belt. The whole place is now a human abbatoir. This government is a failure

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Re: When PDP Hears That Nigeria Foreign Reserve Has Hit $47 Billion USD by deji17: 2:11pm On Apr 20, 2018
IMF douses fears on Nigeria’s rising debts profile

Contrary to increasing fears of negative outcome from Nigeria’s rising external and domestic debts, which many believe are back to pre-2015 levels to fund infrastructure development and budgets, the International Monetary Fund (IMF), yesterday said there is merit in this strategy.
The country’s total external and domestic debts according to the Debt Management Office (DMO), stood at about $18.9 billion, and N15.9 trillion respectively, as at March 2018, which reignited concerns that the country could be headed for another round of financial crisis, saying that servicing cost of over 60 per cent of revenues could be a burden to the country.

But the IMF said the Federal Government’s preference for more external debts relative to domestic has some merits, as Assistant Director, Fiscal Affairs, Catherine Pattillo, argued that “Factors that support Nigeria’s current external debt-to-GDP ratio is low so the external interest payments are relatively low,” adding that “The benefits of that switch is a reduction in overall interest payments and a lengthening of maturities.”

The Director General, DMO, MS Patience Oniha, had earlier dismissed repayment concerns, saying that at 18.2 per cent of Gross Domestic Product (GDP), Nigeria’s public debt remained sustainable, adding, “Our projection is that from two sources, the borrowing should be dropping in the medium term.”

A recent report by global rating agency, Standard and Poor’s (S&P), had also forecast that, “Overall, Nigeria’s gross general government debt stock (consolidating debt at the federal, state, and local government levels) will average 27 per cent of GDP for 2018-2021, comparing favourably with peer countries’ ratios.”


https://guardian.ng/news/imf-douses-fears-on-nigerias-rising-debts-profile/

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Re: When PDP Hears That Nigeria Foreign Reserve Has Hit $47 Billion USD by GavelSlam: 2:15pm On Apr 20, 2018
Kennyfancy:
may God punish the generation of anybody that will vote for buhari come 2019,, may what is happening in Benue be upon that person family

I would vote him over and over again.


Vote your candidate.


Now that God hasn't even punished you see how your life is.


11 Likes 4 Shares

Re: When PDP Hears That Nigeria Foreign Reserve Has Hit $47 Billion USD by CodeTemplar: 2:15pm On Apr 20, 2018
deji17:


That is why I gave you and the guy the link of DMO, showing where we are coming from and where we are right now.
Who asked you for link? Post the debt increase here. Will you be proud of your husband if he borrow N10m over 2 years but was able to save N6m over same period? People like you is why a old man can insult our intelligence and get away with it.

Keep celebrating saving increase and ignore the debt the savings is going to service eventually.

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Re: When PDP Hears That Nigeria Foreign Reserve Has Hit $47 Billion USD by Nobody: 2:18pm On Apr 20, 2018
Kennyfancy:
may God punish the generation of anybody that will vote for buhari come 2019,, may what is happening in Benue be upon that person family
Oga easy(jeje), it has not gotten to a stage where you begin to curse those will vote for him. my question is, if everybody decide not to vote for him, will the curse still affect his family members who will vote for him?
Re: When PDP Hears That Nigeria Foreign Reserve Has Hit $47 Billion USD by buhariguy(m): 2:20pm On Apr 20, 2018
eTECTIVe:
Abeg how much do we now owe in debts??
9b dollars debt ineffectual buffoon left for us.

1 Like 2 Shares

Re: When PDP Hears That Nigeria Foreign Reserve Has Hit $47 Billion USD by 7lives: 2:20pm On Apr 20, 2018
GavelSlam:
I would vote him over and over again.

Vote your candidate.

Now that God hasn't even punished you see how your life is.

Mercy for am na.

3 Likes 1 Share

Re: When PDP Hears That Nigeria Foreign Reserve Has Hit $47 Billion USD by deji17: 2:20pm On Apr 20, 2018
CodeTemplar:
Who asked you for link? Post the debt increase here. Will you be proud of your husband if he borrow N10m over 2 years but was able to save N6m over same period? People like you is why a old man can insult our intelligence and get away with it.

Keep celebrating saving increase and ignore the debt the savings is going to service eventually.
You mean you are too lazy to check the link, read and understand the content by yourself?

2 Likes 1 Share

Re: When PDP Hears That Nigeria Foreign Reserve Has Hit $47 Billion USD by GavelSlam: 2:23pm On Apr 20, 2018
7lives:


Mercy for am na.

The problem I have with those knuckleheads is they think they have monopoly of insults.

Simply because some of us keep quiet they take it for cowardice or stupidity.

Ask them to apply facts and logic to articulate their points they go into invectives as if they are talking to their households.

You bring craze to the market place, you go chop cane.

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Re: When PDP Hears That Nigeria Foreign Reserve Has Hit $47 Billion USD by CodeTemplar: 2:28pm On Apr 20, 2018
deji17:

You mean you are too lazy to check the link, read and understand the content by yourself?
Is that the knew strategy of APC? Calling people lazy in a bid to get them to act. I pity your crooked brain.
You are the one celebrating Savings without putting into consideration things that negates saving. You are the Lazy one here ma

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Re: When PDP Hears That Nigeria Foreign Reserve Has Hit $47 Billion USD by CoolFreeday(m): 2:30pm On Apr 20, 2018
I don't owe anybody any apology that I'm going to vote PMB in 2019 by God's grace

3 Likes 2 Shares

Re: When PDP Hears That Nigeria Foreign Reserve Has Hit $47 Billion USD by deji17: 2:37pm On Apr 20, 2018
CodeTemplar:
Is that the knew strategy of APC? Calling people lazy in a bid to get them to act. I pity your crooked brain.
You are the one celebrating Savings without putting into consideration things that negates saving. You are the Lazy one here ma

If calling you lazy will get you to act, is it not better for you? Read, you cannot..

3 Likes 3 Shares

Re: When PDP Hears That Nigeria Foreign Reserve Has Hit $47 Billion USD by Sirjamo: 2:40pm On Apr 20, 2018
Kennyfancy:
may God punish the generation of anybody that will vote for buhari come 2019,, may what is happening in Benue be upon that person family
God punish anyone who supports a useless party that looted Nigeria's treasury, including monies that should have been used to fight insecurity.
God destroy the life of anyone who supports a drunken president who did nothing despite highest revenue in history.
No be only una sabi pray, God belong to all us.

6 Likes 3 Shares

Re: When PDP Hears That Nigeria Foreign Reserve Has Hit $47 Billion USD by rusher14: 3:13pm On Apr 20, 2018
Jonathan left a debt of 63 billion dollars and foreign reserves 29.6 billion dollars.

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Re: When PDP Hears That Nigeria Foreign Reserve Has Hit $47 Billion USD by denziz: 3:42pm On Apr 20, 2018
buhariguy:
9b dollars debt ineffectual buffoon left for us.

Of what benefits is the reserve/savings when the standard of living of Nigerians continue to depreciate on a daily basis. You are saving while people are dieing of hunger and millions are loosing their jobs, mumu economic sense.

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Re: When PDP Hears That Nigeria Foreign Reserve Has Hit $47 Billion USD by tesppidd: 3:58pm On Apr 20, 2018
Kennyfancy:
may God punish the generation of anybody that will vote for buhari come 2019,, may what is happening in Benue be upon that person family
All these indomie children sef.

You don't even know that in benue it was worse during Jonathan.

If you vote PDP May everything that happened in benue during Jonathan befall you and your family.

Say Amen.

7 Likes 2 Shares

Re: When PDP Hears That Nigeria Foreign Reserve Has Hit $47 Billion USD by GavelSlam: 4:15pm On Apr 20, 2018
H
Re: When PDP Hears That Nigeria Foreign Reserve Has Hit $47 Billion USD by Qaisar1: 5:02pm On Apr 20, 2018
Nigerians are lazy and not hardworking... Do you know how hard it is to toast a babe when you're broke? We do it without stress. Lazy indeed!
Re: When PDP Hears That Nigeria Foreign Reserve Has Hit $47 Billion USD by deji17: 5:19pm On Apr 20, 2018
Qaisar1:
Nigerians are lazy and not hardworking... Do you know how hard it is to toast a babe when you're broke? We do it without stress. Lazy indeed!

Hahahahaha. Na that one dem dey tell you?

1 Like

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