Larryallovernig:
And we didn't see what they used the money for.
I'm tired of this country even people that are working still suffering.

Bad leaders

We masses had to do something fast in this country

JayGraphics:
Why didn't the PDP lead Senate sign the budget and hold a Nation ransom all through 2018.

Larryallovernig:
And we didn't see what they used the money for.
I'm tired of this country even people that are working still suffering.

Bad leaders

We masses had to do something fast in this country

Esseite:
Stupidity is when you are in debt of $65bn (N24tr) but jubiliate over $40bn in the reserve...

What are you reserving?

Oguieke:
24.38 trillion is way too much as any country's debt profile.why are we still borrowing in that excess?

emeejinsm:

If i hear pim from any body now eeh
How can you squander such big resource in just one term
Who send this people go aso

NaijaRoyalty:
Trader money nko and feeding of school children. is too much of a debt with no meaningful development on ground .

Buhari don finish this country .

Bizznezz:
let FG provide answers

Whyem15:
Let's all remember that Okonjo Iweala paid all Nigeria's debt during Obasanjo's time, at a time when revenue from oil was three times the present value. What did PDP use the #12 trillion naira for after Obasanjo's second term?

Esseite:
Stupidity is when you are in debt of $65bn (N24tr) but jubiliate over $40bn in the reserve...

Please what are you reserving?

Bizznezz:
let FG provide answers

Elvis778:

so because PDP didn't tell us what they did with the 12trillion, APC should now finish us abi??
Don't be stupid please.
I agree PDP also cheated us, but theirs was better, cuz they did it secretly and our standard of living was fairly good as of that time.
But our so called APC government has denied us our money, our security, our happiness and even our daily meal. And u still defend dem?? What nonsense?

Elvis778:

so because PDP didn't tell us what they did with the 12trillion, APC should now finish us abi??
Don't be stupid please.
I agree PDP also cheated us, but theirs was better, cuz they did it secretly and our standard of living was fairly good as of that time.
But our so called APC government has denied us our money, our security, our happiness and even our daily meal. And u still defend dem?? What nonsense?

obailala:
But finally, what bloody moral right does the pdp have to even question or criticise Buhari on borrowing?

The real stupidity is when PDP incurs almost half of the so called debt in 5 years when the nation had almost 4 times more unprecedented income, but in the same period, squandered reserves from over $40bn to $28bn, vaporized ECA of $20bn, and had no tangible projects to show for it, yet they have the guts to criticize APC for borrowing at a different season when there was an oil price slump and govt income was down by over 70%.

Of course the PDP can only exhibit the stupidity above because they know majority of Nigerians lack the capacity to pay attention. First of all, many people ignorantly think the N24trillion debt happened just in 4 years. Secondly, many people assume in their head that it's 16 years vs 4 yrs. Several people have made a comparison saying pDP borrowed Bleep amount in 16 years but APC has borrowed more than that in 4 years. What these people fail to realise is that virtually all the PDP borrowings only happened between 2010 till 2015 when the nation had unprecedented oil revenue.

If APC gives an excuse that it is borrowing because there was an oil recession and national revenue was severely hit since 2015, what excuse exactly does the PDP have for borrowing and accruing almost half of this debt figure between 2010 and 2015 when revenue was 4 times more?

Stalwert:
Atiku won't be president anytime ever

Whyem15:
Let's all remember that Okonjo Iweala paid all Nigeria's debt during Obasanjo's time, at a time when revenue from oil was three times the present value. What did PDP use the #12 trillion naira for after Obasanjo's second term?

bishopkay:


Na that one dey pain you abi? Just imagine what a supposedly "sophisticated" and educated fellow is saying in the face of such bad economic indices.

The problem with Nigeria isn't leadership but followership. Reminds me of a bastard on Twitter who came from Canada to vote for the dull bastard. He voted then returned to Canada. I was like why not just stay here to enjoy the next level? Why run back to a working country?

Esseite:


All these $100/barrel quote was not even a whole year... how much did obasanjo/yar adua sell crude to warrant this pdp 16years quote...

Obasanjo sold for $12, while yar adua sold for $23 - $40 while jonathan dangled between 40 and 100

obailala:
Huh?... How can anyone possibly excuse the nonsense PDP did?.. How can you excuse PDP for their filth and have a problem with APC?...

PDP enjoyed almost 4 times more income than APC, but in the same period, borrowed almost the same amount which APC has borrowed. In the same period, PDP also vaporised reserves and ECA and we still cant point out a single tangible project to account for that, but your excuse is that your standard of living was better?....

Obviously you do not have a clue that the reason your standard of living tumbled post 2015 when oil prices crashed was because when there was plenty, your govt (which you make excuses for) squandered monies that should have been used for sustainable capital development; of course when govt squanders money like that, there is a superficial semblance of a booming economy because some petty change still trickles down to everyone on the street (even when yahoo boys foolishly squander money on the street, the artisans also gain). But the real evidence of how stupid it is for a govt to squander money comes when the money stops coming. It is unfortunate that even educated Nigerians cannot see the link; educated and supposedly enlightened people believe and still argue that life became hard post-2015 because govt changed hands, and not because free oil money stopped flowing. And then you argue defend the mindless foolishness of PDP.

Nigerians (and the black man at large) truly does not have the ability to think, especially when it comes to thinking beyond the food on his plate today.

Whyem15:
Let's all remember that Okonjo Iweala paid all Nigeria's debt during Obasanjo's time, at a time when revenue from oil was three times the present value. What did PDP use the #12 trillion naira for after Obasanjo's second term?

Elvis778:

i thought i had seen it all, not knowing we still have extremely shallow minded people. Can you take a minute to listen to your self?
[b]PDP borrowed equal amount of money in 16years, APC borrowed same amount in just 4years, what does it tell u?? [/b]They are still planning to borrow again so as to finance this year's budget, and u still see nothing wrong with dat?? Ur still blaming PDP
We voted out PDP hoping for a better government, and here we have something worse and you still see nothing wrongwith that??
Bros, we are the poorest after India, No 8 hungriest, one of the most insecured country in Africa, and you still see nothing wrong with that?? U deserve to visit a doctor please, seriously speaking. This is the most stupid comment i've seen this year.

PDP borrowed equal amount of money in 16years, APC borrowed same amount in just 4years, what does it tell u??

Elvis778:

so because PDP didn't tell us what they did with the 12trillion, APC should now finish us abi??
Don't be stupid please.
I agree PDP also cheated us, but theirs was better, cuz they did it secretly and our standard of living was fairly good as of that time.
But our so called APC government has denied us our money, our security, our happiness and even our daily meal. And u still defend dem?? What nonsense?

Elvis778:

so because PDP didn't tell us what they did with the 12trillion, APC should now finish us abi??
Don't be stupid please.
I agree PDP also cheated us, but theirs was better, cuz they did it secretly and our standard of living was fairly good as of that time.
But our so called APC government has denied us our money, our security, our happiness and even our daily meal. And u still defend dem?? What nonsense?