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External Reserve And Debt Under Obasanjo, Yaradua And Jonathan Administrations - Politics (25) - Nairaland

Nairaland Forum / Nairaland / General / Politics / External Reserve And Debt Under Obasanjo, Yaradua And Jonathan Administrations (101261 Views)

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Re: External Reserve And Debt Under Obasanjo, Yaradua And Jonathan Administrations by Nobody: 2:21pm On Jan 06, 2015
Ofcourse I don't, neither will I defend mismanagement
anonimi:


Who is talking about absolving anyone.
It is about putting things in their proper comparative context. You surely do not have any problem with that in the spirit of greater transparency.
Do you
Re: External Reserve And Debt Under Obasanjo, Yaradua And Jonathan Administrations by EasternLeopard: 2:58pm On Jan 06, 2015
barcanista:
Ofcourse I don't, neither will I defend mismanagement


Under GMB control of PTF there were accusations of stolen money/ inflated figures although it was said Buhari was not involved.

Barcanista

The problem as stated by WhiteTechnology is

More of a faulty system which is prone to corruption. Which is why he insisted on True Federalism and Publication of institutions activities for public scrutiny

WhiteTechnology went to the point of using the case of Jesus and Judas. That if Judas was asked to give daily account of his activities, that

1) He would have find it difficult to steal

2) He would have being caught if he had continue with his evil practice.

NB He said unlike the disciples Jesus knew because he had divine power but didn't stop in order to fulfill prophecy and also to teach Christians the need to make auditing of accounts compulsory if they desire to catch the Judas amongst them

So you see WhiteTechnology is right

This shows that if Buhari fails to apply the proposal suggested by WhiteTechnology, people will steal undetected by Buhari.


My friend the way forward is


TRUE FEDERALISM

AND

INSTITUTIONS PUBLICATING THEIR ACTIVITIES SO THAT THE PUBLIC CAN SCRUTINIZE THEM.

1 Like 1 Share

Re: External Reserve And Debt Under Obasanjo, Yaradua And Jonathan Administrations by aresa: 3:20pm On Jan 06, 2015
barcanista:
3. PRESIDENT GOODLUCK JONATHAN:
EXTERNAL DEBT
Inherited: $3.94 billion Dollars

As At Now: $9.3 billion Dollars

[url]http://www.dmo.gov.ng/oci/edebtstock/docs/External%20Debt%20Stock%20as%20at%2030th%20June_%202014.pdf[/url]

FOREIGN RESERVE:
Inherited: $47. 7 billion (As At December 31st, 2009)

As At Now: $38.2BILLION http://www.cenbank.org/intops/Reserve.asp
www.nairaland.com/attachments/1842363_2014foreignreserve_jpegb778234d0e84907de925a2b063c2355a


N/B:
Of the $9.3 billion EXTERNAL DEBT, Federal Government’s owes $6.36b, while ALL 36 States plus FCT owes $3.0 billion
As at 2010, Oil Price was at $89 per barrel
As at 2011, It was $103 per barrel
As at Now it is $100 per barrel http://en.wikipedia.org/wiki/World_oil_market_chronology_from_2003
Meaning, Jonathan have access to more more money than Yar Adua, but he depleted the Foreign Reserve and Still Purge Us into Further Debt With NOTHING to show


More reason why this crooked, corrupt and incompetent dullard must be expunged...

1 Like

Re: External Reserve And Debt Under Obasanjo, Yaradua And Jonathan Administrations by Quote1: 3:38pm On Feb 21, 2015
aresa:



More reason why this crooked, corrupt and incompetent dullard must be expunged...

What a thread!
Re: External Reserve And Debt Under Obasanjo, Yaradua And Jonathan Administrations by suwailad(f): 9:47am On Mar 03, 2015
barcanista:
3. PRESIDENT GOODLUCK JONATHAN:
EXTERNAL DEBT
Inherited: $3.94 billion Dollars

As At Now: $9.3 billion Dollars

[url]http://www.dmo.gov.ng/oci/edebtstock/docs/External%20Debt%20Stock%20as%20at%2030th%20June_%202014.pdf[/url]

FOREIGN RESERVE:
Inherited: $47. 7 billion (As At December 31st, 2009)

As At Now: $38.2BILLION http://www.cenbank.org/intops/Reserve.asp
www.nairaland.com/attachments/1842363_2014foreignreserve_jpegb778234d0e84907de925a2b063c2355a


N/B:
Of the $9.3 billion EXTERNAL DEBT, Federal Government’s owes $6.36b, while ALL 36 States plus FCT owes $3.0 billion
As at 2010, Oil Price was at $89 per barrel
As at 2011, It was $103 per barrel
As at Now it is $100 per barrel http://en.wikipedia.org/wiki/World_oil_market_chronology_from_2003
Meaning, Jonathan have access to more more money than Yar Adua, but he depleted the Foreign Reserve and Still Purge Us into Further Debt With NOTHING to show

so are we expecting severe austerity measures?
does GEj have the heart to declare austerity? can he cut his pay and the senate? will he stop looting our oil money?
Re: External Reserve And Debt Under Obasanjo, Yaradua And Jonathan Administrations by IlikePDP: 11:26pm On Apr 13, 2015
What a fun thread this was.
Re: External Reserve And Debt Under Obasanjo, Yaradua And Jonathan Administrations by egift(m): 11:30pm On Apr 13, 2015
IlikePDP:
What a fun thread this was.

And revealing too - man's ability to flip.

1 Like

Re: External Reserve And Debt Under Obasanjo, Yaradua And Jonathan Administrations by crownprince102: 11:42pm On Apr 13, 2015
barcanista:
3. PRESIDENT GOODLUCK JONATHAN:
EXTERNAL DEBT
Inherited: $3.94 billion Dollars

As At Now: $9.3 billion Dollars

[url]http://www.dmo.gov.ng/oci/edebtstock/docs/External%20Debt%20Stock%20as%20at%2030th%20June_%202014.pdf[/url]

FOREIGN RESERVE:
Inherited: $47. 7 billion (As At December 31st, 2009)

As At Now: $38.2BILLION http://www.cenbank.org/intops/Reserve.asp
www.nairaland.com/attachments/1842363_2014foreignreserve_jpegb778234d0e84907de925a2b063c2355a


N/B:
Of the $9.3 billion EXTERNAL DEBT, Federal Government’s owes $6.36b, while ALL 36 States plus FCT owes $3.0 billion
As at 2010, Oil Price was at $89 per barrel
As at 2011, It was $103 per barrel
As at Now it is $100 per barrel http://en.wikipedia.org/wiki/World_oil_market_chronology_from_2003
Meaning, Jonathan have access to more more money than Yar Adua, but he depleted the Foreign Reserve and Still Purge Us into Further Debt With NOTHING to show
So you created thread like this and you went on to support GEJ.


It shows how smart you are, not so?


A man that is careless with truth in small matter can't be trusted in big matters - Albert Einstein


I guess you 've showcase the your true colour. It's a disappoint you weren't an intellectual I thought you were.


What's the end. You become a looser, a big looser and sold your dignity and prestige for a penny.

5 Likes

Re: External Reserve And Debt Under Obasanjo, Yaradua And Jonathan Administrations by egift(m): 12:22pm On Apr 14, 2015
crownprince102:

So you created thread like this and you went on to support GEJ.


It shows how smart you are, not so?


A man that is careless with truth in small matter can't be trusted in big matters - Albert Einstein


I guess you 've showcase the your true colour. It's a disappoint you weren't an intellectual I thought you were.


What's the end. You become a looser, a big looser and sold your dignity and prestige for a penny.

Like OBJ, I just dey laugh grin grin grin grin

1 Like

Re: External Reserve And Debt Under Obasanjo, Yaradua And Jonathan Administrations by Nobody: 12:28pm On Apr 14, 2015
egift:


Like OBJ, I just dey laugh grin grin grin grin
bads guy

1 Like

Re: External Reserve And Debt Under Obasanjo, Yaradua And Jonathan Administrations by usbcable(m): 12:50pm On Apr 14, 2015
make una free Barcanista.

Election don finish.

although I learnt a lot from his threads (before decamping sha)
Re: External Reserve And Debt Under Obasanjo, Yaradua And Jonathan Administrations by anonimi: 1:08pm On Apr 14, 2015
egift:

Like OBJ, I just dey laugh grin grin grin grin

You mean APC's navigator, right
Re: External Reserve And Debt Under Obasanjo, Yaradua And Jonathan Administrations by OrlandoOwoh(m): 1:18pm On Apr 14, 2015
anonimi:


You mean APC's navigator, right
Yes, Jonathan's nightmare.
Re: External Reserve And Debt Under Obasanjo, Yaradua And Jonathan Administrations by ojobekehinde: 1:31pm On Apr 14, 2015
Why is it difficult for some ppl to understand the word economy.barcanista you no do well oooooo.Sanusi used close to $25 billion defending economy during melt down dat swept most of european country.either u defend economy with reserve or you allow devaluation of ur currency.
Re: External Reserve And Debt Under Obasanjo, Yaradua And Jonathan Administrations by zimoni(f): 1:42pm On Apr 14, 2015
What a thread.

La wah ooooooo.
Re: External Reserve And Debt Under Obasanjo, Yaradua And Jonathan Administrations by codedslayer: 1:46pm On Apr 14, 2015
[s]
anonimi:


You mean APC's navigator, right
[/s]

Ahahahaha. You are in pains after losing your job. O ka lara tongue tongue tongue tongue tongue

1 Like

Re: External Reserve And Debt Under Obasanjo, Yaradua And Jonathan Administrations by Nobody: 2:30pm On Apr 14, 2015
Rising from grass to grace is a rare achievement, but not as rare as falling from grace to grass.

Ori mi mama tako mi oooooo. !! grin grin
Re: External Reserve And Debt Under Obasanjo, Yaradua And Jonathan Administrations by obi4eze(m): 12:29am On May 01, 2015
barcanista:
1. PRESIDENT OLUSEGUN OBASANJO (1999-2007)

EXTERNAL DEBT:
Inherited: $30 billion
Cleared : $18 billion
Paid: $ 12 billion Dollars
Left: $3,348.22bn-2007
[url]http://www.financialnigeria.com/development/developmentreport_category_item_detail.aspx?categoryid=5&item=174
[/url]
FOREIGN RESERVE
Inherited: $3.7 billion (1999)
Left: $45.0 billion (2007)

www.nairaland.com/attachments/1842321_obasanjoreserve_jpeg77635592e97d66a67bd471f21bda8ffc

http://olusegunobasanjofoundation.org/?oof_staff=president-obasanjo

NB: As at 2003, Oil Price Per Barrel was $30 and it was at $90 when he left.
Re: External Reserve And Debt Under Obasanjo, Yaradua And Jonathan Administrations by obi4eze(m): 12:30am On May 01, 2015
barcanista:
2. UMARU MUSA YAR ADUA (2007 - 2009)

EXTERNAL DEBT:
Inherited: $3,348.22 billion

Left: $3.94 billion Dollars
www.nairaland.com/attachments/1842446_truedebttttttt_jpeg2ad5584fcb26623eb8c5f08c1ec1f242
http://www.dmo.gov.ng/oci/News/docs/Fact%20on%20%20Nigeria%20External%20Debt%20Stock.pdf

EXTERNAL RESERVE
Inherited: $45.0 billion

Grew To: $63 billion in September, 2008
http://www.nigerianmuse.com/20090102021223zg/nigeria-watch/nigeria-s-foreign-reserves-dip-to-52-7-billion/

Left : $47. 7 billion (As at Dec 31st 2009 when Jonathan took over as "Overseer" )
http://www.vanguardngr.com/2011/03/state-of-nigerias-external-reserves-worrisome-cipm-president/#sthash.cXXdNcoU.dpuf

N/B:
The reserve grew when the price of Crude Oil was $147 per barrel
It Slided in Mid 2008 during the recession, when the crude price fell to $35 per barrel in 2009, till his death
Re: External Reserve And Debt Under Obasanjo, Yaradua And Jonathan Administrations by obi4eze(m): 12:30am On May 01, 2015
barcanista:
3. PRESIDENT GOODLUCK JONATHAN:
EXTERNAL DEBT
Inherited: $3.94 billion Dollars

As At Now: $9.3 billion Dollars

[url]http://www.dmo.gov.ng/oci/edebtstock/docs/External%20Debt%20Stock%20as%20at%2030th%20June_%202014.pdf[/url]

FOREIGN RESERVE:
Inherited: $47. 7 billion (As At December 31st, 2009)

As At Now: $38.2BILLION http://www.cenbank.org/intops/Reserve.asp
www.nairaland.com/attachments/1842363_2014foreignreserve_jpegb778234d0e84907de925a2b063c2355a


N/B:
Of the $9.3 billion EXTERNAL DEBT, Federal Government’s owes $6.36b, while ALL 36 States plus FCT owes $3.0 billion
As at 2010, Oil Price was at $89 per barrel
As at 2011, It was $103 per barrel
As at Now it is $100 per barrel http://en.wikipedia.org/wiki/World_oil_market_chronology_from_2003
Meaning, Jonathan have access to more more money than Yar Adua, but he depleted the Foreign Reserve and Still Purge Us into Further Debt With NOTHING to show
Re: External Reserve And Debt Under Obasanjo, Yaradua And Jonathan Administrations by vedaxcool(m): 7:49pm On Jun 10, 2015
barcanista:
1. PRESIDENT OLUSEGUN OBASANJO (1999-2007)

EXTERNAL DEBT:
Inherited: $30 billion
Cleared : $18 billion
Paid: $ 12 billion Dollars
Left: $3,348.22bn-2007
[url]http://www.financialnigeria.com/development/developmentreport_category_item_detail.aspx?categoryid=5&item=174
[/url]
FOREIGN RESERVE
Inherited: $3.7 billion (1999)
Left: $45.0 billion (2007)

www.nairaland.com/attachments/1842321_obasanjoreserve_jpeg77635592e97d66a67bd471f21bda8ffc

http://olusegunobasanjofoundation.org/?oof_staff=president-obasanjo

NB: As at 2003, Oil Price Per Barrel was $30 and it was at $90 when he left.
Re: External Reserve And Debt Under Obasanjo, Yaradua And Jonathan Administrations by vedaxcool(m): 7:49pm On Jun 10, 2015
barcanista:
2. UMARU MUSA YAR ADUA (2007 - 2009)

EXTERNAL DEBT:
Inherited: $3,348.22 billion

Left: $3.94 billion Dollars
www.nairaland.com/attachments/1842446_truedebttttttt_jpeg2ad5584fcb26623eb8c5f08c1ec1f242
http://www.dmo.gov.ng/oci/News/docs/Fact%20on%20%20Nigeria%20External%20Debt%20Stock.pdf

EXTERNAL RESERVE
Inherited: $45.0 billion

Grew To: $63 billion in September, 2008
http://www.nigerianmuse.com/20090102021223zg/nigeria-watch/nigeria-s-foreign-reserves-dip-to-52-7-billion/

Left : $47. 7 billion (As at Dec 31st 2009 when Jonathan took over as "Overseer" )
http://www.vanguardngr.com/2011/03/state-of-nigerias-external-reserves-worrisome-cipm-president/#sthash.cXXdNcoU.dpuf

N/B:
The reserve grew when the price of Crude Oil was $147 per barrel
It Slided in Mid 2008 during the recession, when the crude price fell to $35 per barrel in 2009, till his death
Re: External Reserve And Debt Under Obasanjo, Yaradua And Jonathan Administrations by vedaxcool(m): 7:50pm On Jun 10, 2015
barcanista:
3. PRESIDENT GOODLUCK JONATHAN:
EXTERNAL DEBT
Inherited: $3.94 billion Dollars

As At Now: $9.3 billion Dollars

[url]http://www.dmo.gov.ng/oci/edebtstock/docs/External%20Debt%20Stock%20as%20at%2030th%20June_%202014.pdf[/url]

FOREIGN RESERVE:
Inherited: $47. 7 billion (As At December 31st, 2009)

As At Now: $38.2BILLION http://www.cenbank.org/intops/Reserve.asp
www.nairaland.com/attachments/1842363_2014foreignreserve_jpegb778234d0e84907de925a2b063c2355a


N/B:
Of the $9.3 billion EXTERNAL DEBT, Federal Government’s owes $6.36b, while ALL 36 States plus FCT owes $3.0 billion
As at 2010, Oil Price was at $89 per barrel
As at 2011, It was $103 per barrel
As at Now it is $100 per barrel http://en.wikipedia.org/wiki/World_oil_market_chronology_from_2003
Meaning, Jonathan have access to more more money than Yar Adua, but he depleted the Foreign Reserve and Still Purge Us into Further Debt With NOTHING to show
Re: External Reserve And Debt Under Obasanjo, Yaradua And Jonathan Administrations by obi4eze(m): 8:40pm On Jun 10, 2015
barcanista:
1. PRESIDENT OLUSEGUN OBASANJO (1999-2007)

EXTERNAL DEBT:
Inherited: $30 billion
Cleared : $18 billion
Paid: $ 12 billion Dollars
Left: $3,348.22bn-2007
[url]http://www.financialnigeria.com/development/developmentreport_category_item_detail.aspx?categoryid=5&item=174
[/url]
FOREIGN RESERVE
Inherited: $3.7 billion (1999)
Left: $45.0 billion (2007)

www.nairaland.com/attachments/1842321_obasanjoreserve_jpeg77635592e97d66a67bd471f21bda8ffc

http://olusegunobasanjofoundation.org/?oof_staff=president-obasanjo

NB: As at 2003, Oil Price Per Barrel was $30 and it was at $90 when he left.
Re: External Reserve And Debt Under Obasanjo, Yaradua And Jonathan Administrations by obi4eze(m): 8:41pm On Jun 10, 2015
barcanista:
2. UMARU MUSA YAR ADUA (2007 - 2009)

EXTERNAL DEBT:
Inherited: $3,348.22 billion

Left: $3.94 billion Dollars
www.nairaland.com/attachments/1842446_truedebttttttt_jpeg2ad5584fcb26623eb8c5f08c1ec1f242
http://www.dmo.gov.ng/oci/News/docs/Fact%20on%20%20Nigeria%20External%20Debt%20Stock.pdf

EXTERNAL RESERVE
Inherited: $45.0 billion

Grew To: $63 billion in September, 2008
http://www.nigerianmuse.com/20090102021223zg/nigeria-watch/nigeria-s-foreign-reserves-dip-to-52-7-billion/

Left : $47. 7 billion (As at Dec 31st 2009 when Jonathan took over as "Overseer" )
http://www.vanguardngr.com/2011/03/state-of-nigerias-external-reserves-worrisome-cipm-president/#sthash.cXXdNcoU.dpuf

N/B:
The reserve grew when the price of Crude Oil was $147 per barrel
It Slided in Mid 2008 during the recession, when the crude price fell to $35 per barrel in 2009, till his death
Re: External Reserve And Debt Under Obasanjo, Yaradua And Jonathan Administrations by obi4eze(m): 8:42pm On Jun 10, 2015
barcanista:
It is very clear that Goodluck Jonathan government is ruining Nigeria's economy, destroying what Presidents Obasanjo and Umaru Musa Yar Adua managed to build.




MODIFIED:
Thank you seun and team for the FP.
Re: External Reserve And Debt Under Obasanjo, Yaradua And Jonathan Administrations by obi4eze(m): 8:43pm On Jun 10, 2015
barcanista:
NIGERIA BUDGET UNDER Obasanjo, YAR ADUA AND JONATHAN.
OBASANJO
2005.. N1.8trn
2006.. 1.9 trn
2007.. 2.3 trn

He left foreign reserve from less than 2 billion to 45 billon dollars and our debt was reduced from 30billion to 3 billion dollars. Despite the Oil Price

Yar Adua...

2008... N3.5trn
2009... N3.7trn

Pause: There was downwad in Oil Price, Plus he restored the subsidy removed by Obasanjo. He still left a Good fortune in the reserve and had a almost zero external debt(on his own)

Jonathan

2010... 4.6 trn

2012... 4.48 trn

2012... 4.7 trn

2013... 4.99 trillion

2014... Over 5 trillion

Pause: Jonathan enjoyed increased oil price, he partially removed subsidy, yet the country's debt was increased by almost 3b dollars and our reserve heveily depleted. On a very good ground, the reserve should be soaring High.

http://www.vanguardngr.com/2013/01/fg-states-lgas-squander-n80-trn-in-9-years/
Re: External Reserve And Debt Under Obasanjo, Yaradua And Jonathan Administrations by Nobody: 1:55pm On Jun 11, 2015
barcanista:
3. PRESIDENT GOODLUCK JONATHAN:
EXTERNAL DEBT
Inherited: $3.94 billion Dollars

As At Now: $9.3 billion Dollars

[url]http://www.dmo.gov.ng/oci/edebtstock/docs/External%20Debt%20Stock%20as%20at%2030th%20June_%202014.pdf[/url]

FOREIGN RESERVE:
Inherited: $47. 7 billion (As At December 31st, 2009)

As At Now: $38.2BILLION http://www.cenbank.org/intops/Reserve.asp
www.nairaland.com/attachments/1842363_2014foreignreserve_jpegb778234d0e84907de925a2b063c2355a


N/B:
Of the $9.3 billion EXTERNAL DEBT, Federal Government’s owes $6.36b, while ALL 36 States plus FCT owes $3.0 billion
As at 2010, Oil Price was at $89 per barrel
As at 2011, It was $103 per barrel
As at Now it is $100 per barrel http://en.wikipedia.org/wiki/World_oil_market_chronology_from_2003
Meaning, Jonathan have access to more more money than Yar Adua, but he depleted the Foreign Reserve and Still Purge Us into Further Debt With NOTHING to show

from 2003 till now, the dollar has lost lots of value.
Re: External Reserve And Debt Under Obasanjo, Yaradua And Jonathan Administrations by Rilwayne001: 2:08pm On Jun 11, 2015
barcanista:
3. PRESIDENT GOODLUCK JONATHAN:
EXTERNAL DEBT
Inherited: $3.94 billion Dollars

As At Now: $9.3 billion Dollars

[url]http://www.dmo.gov.ng/oci/edebtstock/docs/External%20Debt%20Stock%20as%20at%2030th%20June_%202014.pdf[/url]

FOREIGN RESERVE:
Inherited: $47. 7 billion (As At December 31st, 2009)

As At Now: $38.2BILLION http://www.cenbank.org/intops/Reserve.asp
www.nairaland.com/attachments/1842363_2014foreignreserve_jpegb778234d0e84907de925a2b063c2355a


N/B:
Of the $9.3 billion EXTERNAL DEBT, Federal Government’s owes $6.36b, while ALL 36 States plus FCT owes $3.0 billion
As at 2010, Oil Price was at $89 per barrel
As at 2011, It was $103 per barrel
As at Now it is $100 per barrel http://en.wikipedia.org/wiki/World_oil_market_chronology_from_2003
Meaning, Jonathan have access to more more money than Yar Adua, but he depleted the Foreign Reserve and Still Purge Us into Further Debt With NOTHING to show

[size=15pt] Pro 26:11 As a dog returns to its vomit, so a fool repeats his folly. [/size]
Re: External Reserve And Debt Under Obasanjo, Yaradua And Jonathan Administrations by emmaelectelect(m): 10:02am On Jan 20, 2016
1. PRESIDENT OLUSEGUN OBASANJO (1999-2007)

EXTERNAL DEBT:
Inherited: $30 billion
Cleared : $18 billion
Paid: $ 12 billion Dollars
Left: $3,348.22bn-2007
[url]http://www.financialnigeria.com/development/developmentreport_category_item_detail.aspx?categoryid=5&item=174
[/url]
FOREIGN RESERVE
Inherited: $3.7 billion (1999)
Left: $45.0 billion (2007)

www.nairaland.com/attachments/1842321_obasanjoreserve_jpeg77635592e97d66a67bd471f21bda8ffc

http://olusegunobasanjofoundation.org/?oof_staff=president-obasanjo

NB: As at 2003, Oil Price Per Barrel was $30 and it was at $90 when he left.

From 1999, world oil prices began to rise again resulting in another but better managed boom and unprecedented accumulation in the level of reserves from USD4.98 billion in May 1999, to USD59.37 billion as at March 28, 2007.
Source: CBN
Re: External Reserve And Debt Under Obasanjo, Yaradua And Jonathan Administrations by Ayoola171(m): 11:05am On Jan 20, 2016
Our money. OK oooo.
Re: External Reserve And Debt Under Obasanjo, Yaradua And Jonathan Administrations by Johnmichael2016: 8:55pm On Mar 07, 2017
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http://www.financialquest.com.ng/derivatives-can-enhance-liquidity-funding-solutions-in-nigerian-capital-markets/

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