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Nairaland Forum / Nairaland / General / Politics / Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt (16083 Views)
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Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by mikhe2(m): 11:07am On Aug 27, 2018 |
post=70649548:which kind idiot u be sef... 5 Likes |
Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by sambrow(m): 11:08am On Aug 27, 2018 |
post=70649548:How much are you being paid for this? I want to believe you have conscience 6 Likes 2 Shares |
Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by gurunlocker: 11:08am On Aug 27, 2018 |
mknigeriagreat: You are comparing US to naija? How daft! Things are working in US, they have almost everything. Education, infrastructure, health care etc What do we have here? 10 Likes |
Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by sankky: 11:10am On Aug 27, 2018 |
T |
Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by HomeOfMe(f): 11:11am On Aug 27, 2018 |
OrientDailyNews:Instead of using the abacha loot to settle atleast a little part of the debt,they're busy sharing it amongst themselves and the rest for buying votes. 1 Like |
Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by Nobody: 11:11am On Aug 27, 2018 |
gurunlocker: Where would the money come from if the government does not borrow. How would the so called infrastructure be put in place If they don’t borrow. It’s like waiting till Nigeria have enough money to build all the infrastructures at once. I wonder if your guys have brain at all or just follow whatever some useless politicians says. 1 Like 1 Share |
Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by bedspread: 11:11am On Aug 27, 2018 |
[s] post=70649548:[/s] 7 Likes 2 Shares
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Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by MakeNigeriaGrea: 11:11am On Aug 27, 2018 |
Cc Sarrki,Buhariguy,madridguy,ButterflyleO,Corrinthians,almaiga
We won't see you on this thread. Bunch of losers. #PVCAgainstBuhari |
Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by Chinwendu07: 11:11am On Aug 27, 2018 |
Its a shame that Nigerians are still blind to facts with figures in front of them. Buhari is a curse to this nation & must be uprooted in 2019. #PVCAgainstPMB #KickOutAPC 3 Likes |
Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by MakeNigeriaGrea: 11:13am On Aug 27, 2018 |
sambrow:He has sold it along with his E-BBQ 2 Likes |
Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by lozanni(m): 11:13am On Aug 27, 2018 |
post=70649548: This guy sef. Dont you normally have second thoughts about being a BMC member, given presented facts? 4 Likes |
Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by MANNABBQGRILLS: 11:16am On Aug 27, 2018 |
lozanni:For affordable websites design. Call that Number above . Nice day! |
Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by daveflow: 11:16am On Aug 27, 2018 |
The country is in a state that needs serious and urgent attention. Please get your PVC and let's do the needful!!!! 1 Like |
Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by TinyHacker: 11:17am On Aug 27, 2018 |
post=70649548:This one will still give buhari bj even if he kills their father and mother 4 Likes 2 Shares |
Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by gurunlocker: 11:17am On Aug 27, 2018 |
PUSH1: I believe you have problem comprehending... Did I say they shouldn't borrow? The question is are they using it for the right purpose or just sharing some and using the rest to work? 4 Likes |
Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by MANNABBQGRILLS: 11:19am On Aug 27, 2018 |
TinyHacker:YOU ARE RIGHT dirty tin
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Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by blackpanda: 11:29am On Aug 27, 2018 |
of cos wailers will be quick to believe any silly trash Ask yourself, if nigeria is really doing the wrong thing currently how come we have come out of recession, economy growing steadily, foreign reservesincreases and infrastructure projects keeps getting commissioned Wailers and their stupidity sha 1 Like |
Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by micflo28(m): 11:31am On Aug 27, 2018 |
post=70649548:There goes another blind, mindless zombie. Your blind faith will mislead you 1 Like |
Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by greatman247(m): 11:35am On Aug 27, 2018 |
Elukapendragon: No be only Buhari govt borrowed such an amount. Nigeria been borrowing since even before APC. Politics and sentiments aside. |
Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by mknigeriagreat: 11:36am On Aug 27, 2018 |
gurunlocker: When you are having debates(i don't argue) on social media platforms, you people should learn to avoid abuse and curses as you don't know who is on the other end. Back to the issue on ground, Nigeria is not a developed country as we both know. It is still a developing country and things are shaping out. We could have gone farther than this but no thanks to previous governments from 1960 till date. There is no single organization or government that is not owing but the question is what are you doing with the borrowed funds and how are you planning to reduce the amount you borrow subsequently? One thing that this administration has shifted to in terms of borrowing like the one they wanted to pick from the Chinese govt was for china to appointment key Chinese officials to closely supervise funds released to the Nigerian government on loan agreement which secures the fund as compared to what used to happen. My major worries is that the borrowed funds were stolen before that is why we can't pin point at significant things those funds were used for. Most of the projects you see now are fully funded on loans by Chinese companies with MOUs with the federal government. They don't release funds like before to miscreant that will siphon everything. That is why you are seeing few projects we can see now. With time things will change. AND POINT OF CORRECTION, I AM NOT DAFT AND DON'T USE THAT WORD ON ME AGAIN. |
Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by vicmac09(m): 11:40am On Aug 27, 2018 |
HomeOfMe:That's because you only have one picture |
Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by BiafraIShere(m): 11:40am On Aug 27, 2018 |
Peter Obi is merely stating the obvious, Nigeria has no future and with Buhari as president, it becomes an unmitigated disaster waiting to happen!! 1 Like |
Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by Ugosample(m): 11:46am On Aug 27, 2018 |
mknigeriagreat: you really want to compare U.S. debt with Nigeria 's debt Are you serious? ? The U.S. has the economic resilience to keep servicing their debt becsusethey have built an economy on a solid foundation Nigeria on the other hand is accumulating what economists call "dead weight" debt Nigeria 's economy is also built on a shaky foundation, susceptible to external shocks. When that occurs, how do we cope Not to talk about the crowding out as a consequence of high domestic borrowing and the effect it has in the private sector And if care is not taken, our country will be in big soup in the next decade So NEVER compare the debt profile or structure of America with that of a third world $hithole The fundamentals are not the SAME 3 Likes 1 Share |
Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by Ugosample(m): 11:48am On Aug 27, 2018 |
PUSH1: The question you should ask yourself is with all these heavy borrowings, what do we have on ground to show for it We have an outdated yet overpriced scrap we call rail way projects building substandard roads And fuelling recurrent expenditure with a huge chunk of that money I no wan vex this morning 4 Likes 1 Share |
Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by famosh: 11:50am On Aug 27, 2018 |
PUSH1:My brother, I tire o! The wailers are actually brainless, so it's not their fault! |
Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by Ugosample(m): 11:53am On Aug 27, 2018 |
mknigeriagreat: This govt has squandered a lot of money on substandard and ghost projects Just like the govts before it. Dealing with the Chinese who are unethical and ready to cheat us further is even a worse deal. If I were the govt, id instead privatise the major highways and contribute a non contrition percentage to the completions of the project That way I am less burdened with debt, my country will have functional highways, And I will have more energy and resources to face other things But this is Nigeria |
Re: Peter Obi: Nigeria’s Economy On Life Support Over N22.7trn Debt by Nobody: 11:53am On Aug 27, 2018 |
the satanic recessionist has sunk Nigeria! the redundant nomad is a gross waste of my vote! 1 Like |
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