I have listened and watched how chronic Buharists keep defending how macho man Buhari is working to ensure Nigeria becomes the darling of the world but the reality on ground keeps pointing towards the opposite reactions, for instance on the heading above here are staggering figures; Nigeria's debt as at June 30, 2018 stood at N22.38 trillion ($63.8 billion) while our "almighty foreign reserve is $46 billion". Now You All Buharists Can See Where Your $46 Billion Foreign Reserve Lies.........do the simple maths and tell us (the reasonable ones) that Buhari knows what he is still doing and why he deserves a second term and not an impeachment before he run this good country aground.

https://nairametrics.com/nigerias-historical-external-reserves/

According to this website above, Jonathan left govt in may 2015 with an external reserve of $28bn

According to the OP the external reserve is now at 46bn almost double despite the reduction in oil prices in the last 3 years

According to vanguard below Nigeria debt was $67bn in December 2014
https://www.vanguardngr.com/2015/07/n12trn-debt-profile-worsens-nigerias-woes/

And according to the OP the debt is now 63bn

Which means under Buhari our debt has reduced compared to Jonathan disaster regime and our foreign reserve almost double

Thank God for saving the country from the prodigal Jonathan and PDP

tomakint:
I have listened and watched how chronic Buharists keep defending how macho man Buhari is working to ensure Nigeria becomes the darling of the world but the reality on ground keeps pointing towards the opposite reactions, for instance on the heading above here are staggering figures; Nigeria's debt as at June 30, 2018 stood at N22.38 trillion ($63.8 billion) while our "almighty foreign reserve is $46 billion". Now You All Buharists Can See Where Your $46 Billion Foreign Reserve Lies.........do the simple maths and tell us (the reasonable ones) that Buhari knows what he is still doing and why he deserves a second term and not an impeachment before he run this good country aground.

Copying the original post before he edits it

raumdeuter:
https://nairametrics.com/nigerias-historical-external-reserves/

According to this website above, Jonathan left govt in may 2015 with an external reserve of $28bn

According to the OP the external reserve is now at 46bn almost double despite the reduction in oil prices in the last 3 years

According to vanguard below Nigeria debt was $67bn in December 2014
https://www.vanguardngr.com/2015/07/n12trn-debt-profile-worsens-nigerias-woes/

And according to the OP the debt is now 63bn

Which means under Buhari our debt has reduced compared to Jonathan disaster regime and our foreign reserve almost double

Thank God for saving the country from the prodigal Jonathan and PDP

Basic economics you lack and this is so bad.......you are not quoting it right

tomakint:
I have listened and watched how chronic Buharists keep defending how macho man Buhari is working to ensure Nigeria becomes the darling of the world but the reality on ground keeps pointing towards the opposite reactions, for instance on the heading above here are staggering figures; Nigeria's debt as at June 30, 2018 stood at N22.38 trillion ($63.8 billion) while our "almighty foreign reserve is $46 billion". Now You All Buharists Can See Where Your $46 Billion Foreign Reserve Lies.........do the simple maths and tell us (the reasonable ones) that Buhari knows what he is still doing and why he deserves a second term and not an impeachment before he run this good country aground.

Yeye dey smell, PMB till 2023, if you like keep up the analysis till next year

raumdeuter:
https://nairametrics.com/nigerias-historical-external-reserves/

According to this website above, Jonathan left govt in may 2015 with an external reserve of $28bn

According to the OP the external reserve is now at 46bn almost double despite the reduction in oil prices in the last 3 years

According to vanguard below Nigeria debt was $67bn in December 2014
https://www.vanguardngr.com/2015/07/n12trn-debt-profile-worsens-nigerias-woes/

And according to the OP the debt is now 63bn

Which means under Buhari our debt has reduced compared to Jonathan disaster regime and our foreign reserve almost double

Thank God for saving the country from the prodigal Jonathan and PDP

Nigeria's debt as at 2015 was $12tr and $22tr at at today... do your research properly before spewing. There is a reason zombies dont debate this topic.

Esseite:


Nigeria's debt as at 2015 was $9tr and $22tr at at today... do your research properly before spewing. There is a reason zombies dont debate this topic.

He has given you references what other research do you want from him. All this your quotes has no reference except as usual the Ipob bureau of statistics and figures from Pluto.

kolaaderin:


He has given you references what other research do you want from him. All this your quotes has no reference except as usual the Ipob bureau of statistics and figures from Pluto.

Wanted to give him the onus of researching properly, but you had to get in with your blocked brain and warped ipob rambling rhetorics of dimwits.. you can use the link below to help your ignorance.

Like i said, there is a reason zombies dont debate this topic.

Good morning and happy sallah.

https://www.google.com.ng/amp/s/www.vanguardngr.com/2015/07/n12trn-debt-profile-worsens-nigerias-woes/amp/

Esseite:


Wanted to give him the onus of researching properly, but you had to get in with your blocked brain and warped ipob rambling rhetorics of dimwits.. you can use the link below to help your ignorance.

Like i said, there is a reason zombies dont debate this topic.

Good morning and happy sallah.

https://www.google.com.ng/amp/s/www.vanguardngr.com/2015/07/n12trn-debt-profile-worsens-nigerias-woes/amp/

Did you read what is on your link at all . that news is 3 years ago and referenced 2014, same as he gave you up there. You lots are just terrible .

raumdeuter:
https://nairametrics.com/nigerias-historical-external-reserves/

According to this website above, Jonathan left govt in may 2015 with an external reserve of $28bn

According to the OP the external reserve is now at 46bn almost double despite the reduction in oil prices in the last 3 years

According to vanguard below Nigeria debt was $67bn in December 2014
https://www.vanguardngr.com/2015/07/n12trn-debt-profile-worsens-nigerias-woes/

And according to the OP the debt is now 63bn

Which means under Buhari our debt has reduced compared to Jonathan disaster regime and our foreign reserve almost double

Thank God for saving the country from the prodigal Jonathan and PDP

Oga, read the full details, you quoted the wrong figures.

Lol

Ok we agree with u.
Now kindly tell us in (USD) using the exchange rate then.

1. Our debt profile in 2010
2. Our Foreign Reserves in 2010

3. Our debt profile as at 1st of June 2015
4. Our Foreign Reserves as at 1st of June 2015

5. Our debt profile as at 1st of July 2018
6. Our Foreign Reserves as at 1st of July 2018
At least we aren't borrowing and squandering our reserves at the same time like GEJ did

After that let's talk

Hmm, even when they created multiple dubious exchange rates.

kolaaderin:


Did you read what is on your link at all . that news is 3 years ago and referenced 2014, same as he gave you up there. You lots are just terrible .

Are you sure you can read properly?
To you 3 years ago is 2014 but you have a 4 year election in 6 months? Well the news is 2015 retrospecting 2014 figures as against 2015.

I think you need a higher level of help.
Even at that, dont you just think a decrease in nations debt as opined by the comment would be a major marketing point for buhari to harp on, and the media going all frenzy on it?

This particular wailing hasn't gone well.

tomakint:
I have listened and watched how chronic Buharists keep defending how macho man Buhari is working to ensure Nigeria becomes the darling of the world but the reality on ground keeps pointing towards the opposite reactions, for instance on the heading above here are staggering figures; Nigeria's debt as at June 30, 2018 stood at N22.38 trillion ($63.8 billion) while our "almighty foreign reserve is $46 billion". Now You All Buharists Can See Where Your $46 Billion Foreign Reserve Lies.........do the simple maths and tell us (the reasonable ones) that Buhari knows what he is still doing and why he deserves a second term and not an impeachment before he run this good country aground.

We don talk since na. Buhari/APC just de borrow money de pimmp Foreign reserve...all for election/propaganda.

I never see this kind useless people for my life

Esseite:


Are you sure you can read properly?
To you 3 years ago is 2014 but you have a 4 year election in 6 months? Well the news is 2015 retrospecting 2014 figures as against 2015.

I think you need a higher level of help.
Even at that, dont you just think a decrease in nations debt as opined by the comment would be a major marketing point for buhari to harp on, and the media going all frenzy on it?

definitely you need help, that news was 2015 3 years ago, and they referenced 2014 economic parameters. do we need to always spoon feed you lots. your Lies are exposed and stop spreading hatred induced lies.

Maybe these could help

OP, you shot yourself on the foot with incorrect facts, and that was used against you.

As at end of May 2015, Nigeria's debt profile stood at N12 trillion. From June 2015 -June 2018 (within three years), Nigeria's debt profile has risen by over 80% to N22 trillion, (an increase of N10 trillion)

Nigeria's current debt profile is $73 billion, while it was $53.49 billion in 2014.

https://
www.tribuneonlineng.com/135964/

https://www.dailytrust.com.ng/daily/top-stories/54386-nigeria-s-debt-rises-by-18bn-in-4-years

Mynd44:
Lol

fraudulent Apc and their wayo economics is it not surprising that local borrowings continue but the total local debts keep reducing .....not because you are borrowing less or paying up but your exchange rate keeps falling .


kindly show us the local debts in naira and foreign debts in Dollars

Wayo people