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Nairaland Forum / Nairaland / General / Business / IMF Doubts Nigeria’s Capacity To Repay Debts (12517 Views)
See How Much Nigeria Owes In Bilateral Debts / Woman Sets Self, Rented Apartment On Fire Over Inability To Repay N70k Lapo’s De / CBN To Order Banks To Repay Illegal Charges With Interest (2) (3) (4)
Re: IMF Doubts Nigeria’s Capacity To Repay Debts by orunto27: 2:38pm On May 22, 2018 |
In Nigeria we know nothing about Income generation. We do Islamic Banking where Government money is giving at no interest and collateral to Almajiris and poor women with with no means of repayment. If you can repay with interest, but you are not from selected States, you don't get a loan. This is why this economy is pervassive. Buhari vowed to Obama that he would not develop States that did not vote for him. And he is doing exactly that. Even our Foreign Reserve is being uneconomically managed. How do you describe a situation where Forex is placed freely with selected commercial Banks at no cost to those Banks. It is like giving them Raw Materials freely to sustain them. Economic pervassion and pervassiveness in the highest. |
Re: IMF Doubts Nigeria’s Capacity To Repay Debts by StaffofOrayan(m): 3:12pm On May 22, 2018 |
Hmmm the Slow implementation of the Broadband policy by the Federal Government, Failure to deliver electricity which was the FG's number 1 promise and the number 1 requirement for e-commerce Failure of the FG to invest in Artificial Intelligence, Big Data, and big tech in general Lastly more Nigerians are falling into poverty hence less purchasing power to patronize Konga, SBG04: |
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