If Nigeria is divided today, which of the party will be be held responsible to pay back all loans taken so far by both past and present government? Will it be swept under the carpet?

Nanorest:
If Nigeria is divided today, which of the party will be be held responsible to pay back all loans taken so far by both past and present government? Will it be swept under the carpet?

Depending on how many countries that emerge from Nigeria when it breaks up, repaying the loan will be shared amongst them

Nanorest:
If Nigeria is divided today, which of the party will be be held responsible to pay back all loans taken so far by both past and present government? Will it be swept under the carpet?

by then the regions were the loans was used to service will pay for the loans..fog no go chop sheet and goat teeth go riotten

gidgiddy:


Depending on how many countries that emerge from Nigeria when it breaks up, repaying the loan will be shared amongst them

What of federal assets? How will federal assets both local and overseas be shared. Then there is also the issue trillions in government treasury bills, some 10 years yield, who will pay them?

Who borrow d money

wirinet:

What of federal assets? How will federal assets both local and overseas be shared. Then there is also the issue trillions in government treasury bills, some 10 years yield, who will pay them?

Usually, when a country breaks up, there is a period where their representatives meet to discuss the sharing of assets and liabilities

It happend with Czechoslovakia. When that country broke up into Czech Republic and Republic of Slovakia, there was a period of a out 18 months when the Czechs and Slovaks met and ironed out the issues of assets and liabilities

This same reason is why Buhari and his Fulanis of the poverty-stricken headquarters of core north are always bent on collecting jaw breaking loans from all over the world so that no superpowers will support the seccession moves currently gaining momentum

No matter what..... We go still japa everybody...!

Same was said about Yugoslavia.

Nigerians don’t read history. Keep believing that Nigeria will remain one forever as if it’s not a man made creation.

Nanorest:
If Nigeria is divided today, which of the party will be be held responsible to pay back all loans taken so far by both past and present government? Will it be swept under the carpet?

You will pay according to what was earmarked for your state and region.

So, you parasites will still pay with groundnuts or whatever cash crop you can scratch from the ground

APCHaram:


You will pay according to what was earmarked for your state and region.

So, you parasites will still pay with groundnuts or whatever cash crop you can scratch from the ground

I am from South u asshole

They will negotiate, the parts where the projects were located will bare the cost. If they genuinely can't, a bailout will be negotiated

Think of Nigeria as a couple that collects loan from a bank, when they divorce, their loan is divided among them. Nothing complicated, there is no need to die together over a loan

Before 2023, you would be begging for breakup,

Don't post this bullshit you ain't educated or learned enough to discuss issues meant for learned people.

Would it be the first time a country splits or the first time a debtor nation divides?

wirinet:

What of federal assets? How will federal assets both local and overseas be shared. Then there is also the issue trillions in government treasury bills, some 10 years yield, who will pay them?

Why do u think you have foreign reserves...?

Simplistic statement. All your Francophone neighbors and France would do anything to compromise the integrity of this country. If you do not know look back at the civil war and their posture on issues like Bakassi and even the current Sahel Jihadist crises.

Nigeria is the biggest obstacle to French domination in the region, the biggest obstacle to EU supremacy... The claims on the entity would simply transfer to whatever successive states emerge. Financial claims on Nigeria are predicated on its ability to pay given its substantial petroleum resources. The oil wouldn't evaporate because Nigeria stops existing.

The smaller entity would be easier to coerce to pay extraordinary rates on the debt, far outstripping the real value and this would be based on variables like 'assistance' etc given that the French and other neighbors would probably aid whatever rump state that emerges to challenge Nigeria. Good PR campaign and a Muslim majority Nigeria wouldn't quite get lots of sympathy against a smaller nation well entrenched with its neighbors..

Look Nigeria needs good leadership to evade the incoming disaster. I am not a fan of Francos or their African lackeys, but dont kid yourself that Nigeria can handle a full blown territorial struggle on another front with the Sahel being as volatile as it already is..

The claims on Nigeria, I repeat, will be easier to collect from a smaller nation that emerges where the Niger Delta is, and these would redraw business relationships and national outlook. History is your friend... Remember that Nigeria is just barely 60.. not quite been here forever. Do not get over confident.

Biafrans have no loans to pay back

Nanorest:
If Nigeria is divided today, which of the party will be be held responsible to pay back all loans taken so far by both past and present government? Will it be swept under the carpet?

This is one of the things that will be discussed in meetings preceding the breakup! This is why i laugh at those who say in the event of disintegration, that they will covert Igbo properties or attack Igbo interests still remaining in their territories! You try that and all bets are off....you can then keep all the loan repayments for yourself! More so when Ndigbo benefitted next to nothing from all these billion dollar loans!

No one wants NIGERIA divided. NIGERIA is already 36 CONSTITUTIONAL STATES. Release all Authorities and Responsibilities of State to the 36 and let FG liaise externally for them.

orisa37:
No one wants NIGERIA divided. NIGERIA is already 36 CONSTITUTIONAL STATES. Release all Authorities and Responsibilities of State to the 36 and let FG liaise externally for them.

Nanorest:
If Nigeria is divided today, which of the party will be be held responsible to pay back all loans taken so far by both past and present government? Will it be swept under the carpet?

Nigeria is a glorified disease
A den of thieves and looters
No public office holders in the world are paid more than their counterparts in Nigeria...
Nigeria is borrowing to pay salaries
Nigeria will collapse soon

A country with no power
No basic infrastructures
Poverty capital of the world
Suicide capital of the world
Depression everywhere
Diseases and death everywhere
Insecurity capital of the world

Our diversity is the bane of our development

Division is the only remedy
Amotekun is a testament to that

gidgiddy:


Depending on how many countries that emerge from Nigeria when it breaks up, repaying the loan will be shared amongst them

The repayment will be determined by how much each region swallowed. If you swallowed more, you pay more.

ZombiePUNISHER:


Nigeria is a glorified disease
A den of thieves and looters
No public office holders in the world are paid more than their counterparts in Nigeria...
Nigeria is borrowing to pay salaries
Nigeria will collapse soon

A country with no power
No basic infrastructures
Poverty capital of the world
Suicide capital of the world
Depression everywhere
Diseases and death everywhere
Insecurity capital of the world

Our diversity is the bane of our development

Division is the only remedy
Amotekun is a testament to that

Restructure the Police, Resources and Elections now. Then there will be a Commission set up to investigate, ascertain and share all Assets and Liabilities including Loans and long term Borrowings of NIGERIA from 1999 to date. KPMG WILL BE EMPLOYED TO DO THESE.

orisa37:

Restructure the Police, Resources and Elections now. Then there will be a Commission set up to investigate, ascertain and share all Assets and Liabilities including Loans and long term Borrowings of NIGERIA from 1999 to date. KPMG WILL BE EMPLOYED TO DO THESE.

Buhari is an illiterate
He doesn't speak restructure... Only cows
Nigeria bleeds
Nigeria on the brink...

gidgiddy:


Depending on how many countries that emerge from Nigeria when it breaks up, repaying the loan will be shared amongst them

Proportionately too according to the wetin each region chop.

OP THINKS HIS MAKING SENSE


ITS NO LONGER IGBOS BUSINESSES AND PROPERTY SCATTERED IN LAGOS AND ABUJA

I don’t know why but have had this same thought many times over, I hope I can get my answers today. I think maybe the loans will be divided among the geo political zones, each zones with the most developed should pay higher than zones who aren’t really developed. Let’s says the northern part should pay more because of they budget a lot on security alone and I think they just created boko haram to symphone money. Buhari for example budget a lot for security and most of it is diverted to the northen part of the country.

No Country will support the Division of NIGERIA. That's good and accepted. The SW, SE, SS AND are not asking for Division but asking that the 36 Constitutional States, Constitutional States be granted Full Autonomy of Policing, Resourcing and Electioneering Control for better productivity, pricing and incomes self developments. The whole world, except the Arabs and those who may not wish the South well, because they are jealous, will support that.

UK just left EU and we saw how the negotiations went so there are best practices to follow.

Dasuks:
Simplistic statement. All your Francophone neighbors and France would do anything to compromise the integrity of this country. If you do not know look back at the civil war and their posture on issues like Bakassi and even the current Sahel Jihadist crises.

Yea every country looks out for her own interest and your francophone neighbours aren't exceptions. So far they are tackling their own problems and have done nothing serious to undermine Nigeria's sovereignty. Nigerian leaders often use them to deflect the public's attention from their ineptitude. The francophone pro Biafra posture was at the instance of France's sympathy and interest in the region. You can't blame the francophone countries for being French puppets without blaming nigeria for being same for the British.

Dasuks:

Nigeria is the biggest obstacle to French domination in the region, the biggest obstacle to EU supremacy...

its true but that fact alone hasn't contributed to Nigeria failure. Maybe it will play a role on Nigeria's future. If it does, what's the fuss? The three biggest rivals in the EU are Germany UK and France, The Germans are British economic rival while the French were their colonial and now their neocolonial rivals. The Brits left the EU on the basis of economic and political self determination. Now they are coming for oil in Biafra for economic sustenance. How do they intend to achieve it? by thwarting Biafra's own self determination. Do you think a now largely German and French controlled EU will sit by and watch that happen? You see, the EU's opposition to "indivisibility" stance to Nigeria's unity by the British is not just strategic but legitimate. Aside the desire to end British hypocrisy, EU has a duty to maintain stability within the union by ensuring Britain gets limited success and stop potential leavers.

Dasuks:



The smaller entity would be easier to coerce to pay extraordinary rates on the debt, far outstripping the real value and this would be based on variables like 'assistance' etc given that the French and other neighbors would probably aid whatever rump state that emerges to challenge Nigeria. Good PR campaign and a Muslim majority Nigeria wouldn't quite get lots of sympathy against a smaller nation well entrenched with its neighbors..

failed states irrespective of the size are easier to control and coerce externally just like Britain is doing to Nigeria. prosperous and successful states no matter their size are powerful geopolitical super powers like Israel is doing in the middle east. Nigeria has failed irredeemably and now one except the Hausa/fulani leaders and their supporters are to be blamed. They are to be blamed for corruption, poor leadership, economic strangulation, unemployment, quota system, religious Extremisms, terrorism, Fulani jihadist militants, poor infrastructure etc Stop blaming France and Nigeria's neighbors. Nigeria has failed and only a failed state receive things as "assistance" that's because she is doing that in a weak position, while successful countries receive things on the basis of "cooperation"

The reason British is still controlling nigeria after 60yrs is the same reason Biafrans want to leave- the country has failed.

I'm sure there's a Modus Operandi for such situations.

That shouldn't be a major concern.

You should ask yourselves, do you want your children's children to also be shouting Up NEPA! 30-40 years from now?

Do you want your children's children to be terrorized by the police simply because they got haircuts not approved by the arresting policeman?

Just think of all you are suffering now in Nigeria.

Trust me, not only will they be there in 30-40 years time, they would have even multiplied.

In the 80s people shouted up NEPA!

People screamed corruption.

The military and police brutalised innocent civilians.

Please, what has changed today, 2020?