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Atiku Raises Alarm Over Nigeria’s N25.6trn Debt - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Atiku Raises Alarm Over Nigeria’s N25.6trn Debt (19926 Views)

FG Dumps N16 Trillion Railway Projects For N2.6trn Lagos-calabar Coastal Road —I / Atiku Raises Team To Woo Wike, Rivers Governor’s Camp Remain Adamant / Nigeria Will Remain In Darkness Except FG Pays Our N1.6trn – GENCOS (2) (3) (4)

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Re: Atiku Raises Alarm Over Nigeria’s N25.6trn Debt by namiji2598: 6:22pm On Jul 10, 2019
Pls what's the score between Senegal �� vs Benin ��
Re: Atiku Raises Alarm Over Nigeria’s N25.6trn Debt by chiefolododo(m): 6:22pm On Jul 10, 2019
Fhemmmy:


And during the time of OBJ/Atiku, what was their achievement or isn't he enjoying the money stolen at that time now?
buhari has single-handedly borrowed at least 12Trillion dollars with nothing to show for it. Obj/Atiku's regime is far better that this one that has no clue on how to run government
Re: Atiku Raises Alarm Over Nigeria’s N25.6trn Debt by Nobody: 6:22pm On Jul 10, 2019
Atiku shouldnt worry.
Re: Atiku Raises Alarm Over Nigeria’s N25.6trn Debt by daygee12: 6:23pm On Jul 10, 2019
Server president
Re: Atiku Raises Alarm Over Nigeria’s N25.6trn Debt by Nobody: 6:23pm On Jul 10, 2019
martineverest:
I hate when ex presidents, vice president, governors,senators etc that fleeced nigerian treasury dry wil come out and start giving advice/sympathy/criticism as if they care about the nation...what did they do when they had all the time in the world to change Nigeria

I hate hypocrites

at least they did not borrow more than #15t in 4 years. don't worry be supporting stupidity and always thinking about the past. e go clear for our eye by the time Nigeria go turn Venezuela

1 Like

Re: Atiku Raises Alarm Over Nigeria’s N25.6trn Debt by dante0147: 6:24pm On Jul 10, 2019
Death to buhari and APC!
Re: Atiku Raises Alarm Over Nigeria’s N25.6trn Debt by nextstep(m): 6:24pm On Jul 10, 2019
Fhemmmy:


And during the time of OBJ/Atiku, what was their achievement or isn't he enjoying the money stolen at that time now?

The freedoms of press; civil liberties; marked improvement in human rights and democratic practice; the mobile phone revolution; banking modernization/strengthening; rapid economic expansion; debt relief; man infrastructural improvements were initiated during this time.

Buhari has not improved any of these measures, and in fact, has retrogressed in most.

Sure, people complained during OBJ, YRD, and GEJ, but there's is a definite bite of suffering and hunger in the land under PMB. Even upon that Atiku allegedly stole money (which is yet to be proven by the APC in a court of law), life was way way better.

1 Like

Re: Atiku Raises Alarm Over Nigeria’s N25.6trn Debt by teebaxy(m): 6:25pm On Jul 10, 2019
femtex007:
Help us pay it na
is that all you can contribute .... You are cursed
Re: Atiku Raises Alarm Over Nigeria’s N25.6trn Debt by Nobody: 6:25pm On Jul 10, 2019
chiefolododo:
buhari has singuhandedly borrowed at least 12Trillion dollars with nothing to show for it. Obj/Atiku's regime is far better that this one that has no clue on how to run government
do you knw what 12 trillion dollars is? Stop embarrasing yourself. Besides atiku is not cumming any where near aso rock. He can cum on ur face but definately not in aso rock.
Re: Atiku Raises Alarm Over Nigeria’s N25.6trn Debt by Gbengais(m): 6:26pm On Jul 10, 2019
bellachibaby:
The presidential candidate of the Peoples Democratic Party (PDP) in the February 23 presidential election, Atiku Abubakar, has raised the alarm on over the nation’s N25.6trn debt, saying it’s unsustainable.

Atiku said the increasing debt profile of the country is becoming more than a source of concern, adding that the situation has got to a stage where all genuine lovers of Nigeria ought to raise an alarm. Thickmatch reports'

Atiku, in a statement Wednesday by his media adviser, Paul Ibe, recalled that the nation’s debt profile as of May 29, 2015 when President Muhammadu Buhari took over, was ₦12 trillion.

“However, after four years of profligate spending, and even more irresponsible borrowing, our national debt doubled to ₦24.3 trillion by December, 2018.

“As alarming as this is, what is more troubling is that between December 2018 and March 2019, the administration of General Buhari added an additional and unprecedented ₦560 billion debt to our national debt profile.

“What could this junta have needed that amount for? If you take those dates into account, they fall on the period of electioneering, when monies were freely distributed by officials of this government in the name of Tradermoni and other election gimmicks that were discontinued after the election”, Atiku added.

The one time Vice President said it’s inconceivable that Nigeria could have had such unprecedented borrowings in the midst of almost unimaginable sorrowing.

This, he observed, has resulted in the country becoming the world headquarters for extreme poverty and the global capital of out of school children, noting further that Nigeria has slipped in the Corruption Perception Index of Transparency International.

Continuing, Atiku said, “As someone who headed the National Economic Council that paid off Nigeria’s entire debt under the visionary leadership of President Olusegun Obasanjo, Atiku Abubakar has the moral authority to call those who are turning Nigeria into a beggar nation to halt the drift into unsustainable borrowing.


“We cannot continue to borrow to pay salaries and support luxuries. Already, over 50% of our revenue is going towards debt servicing, not even debt repayments.

“We raise this alarm as responsible citizens and call on other lovers of Nigeria to speak up as we have no other nation to call our home, but Nigeria”

https://www.google.com/amp/s/thenationonlineng.net/atiku-raises-alarm-over-nigerias-n25-6trn-debt/amp/



Ngozi iweala did paid that debt not you.
Re: Atiku Raises Alarm Over Nigeria’s N25.6trn Debt by dejio42(m): 6:27pm On Jul 10, 2019
I like Atiku and I want him as mr president.
But 1c he gets there,nothing like paying debt. My nigga is gonna open his own page of dept
Just chop and spray simple
U are happy am happy (1 nigeria)
Re: Atiku Raises Alarm Over Nigeria’s N25.6trn Debt by Nobody: 6:27pm On Jul 10, 2019
Dukeemmanuel44:
This Atiku need sense, recieve one
don't worry we will know whether it is atiku a billionaire or you who need sense when the time comes.
Re: Atiku Raises Alarm Over Nigeria’s N25.6trn Debt by jrusky(m): 6:27pm On Jul 10, 2019
Atiku we are very much aware Nigeria is in serious debt. Buhari administration has finished Nigeria we know.

By the time Buhari finish with Nigeria I doubt anything will remain again.

1 Like

Re: Atiku Raises Alarm Over Nigeria’s N25.6trn Debt by ussy09(m): 6:28pm On Jul 10, 2019
Am regretting voting that idiot

1 Like

Re: Atiku Raises Alarm Over Nigeria’s N25.6trn Debt by KidsNEXTdoor: 6:30pm On Jul 10, 2019
Fhemmmy:


And during the time of OBJ/Atiku, what was their achievement or isn't he enjoying the money stolen at that time now?

Only fools live in the past

Only fools support this evil administration

1 Like

Re: Atiku Raises Alarm Over Nigeria’s N25.6trn Debt by mmadu5(m): 6:30pm On Jul 10, 2019
something tells me atiku would have been a better president

1 Like

Re: Atiku Raises Alarm Over Nigeria’s N25.6trn Debt by Jacob168: 6:30pm On Jul 10, 2019
This is a shame
Re: Atiku Raises Alarm Over Nigeria’s N25.6trn Debt by nextstep(m): 6:32pm On Jul 10, 2019
Gbengais:
Ngozi iweala did paid that debt not you.

And you think she did it without polictical backing from President and other advisors? Sure she was instrumental in getting it done, but who nominated, appointed, approved, and supported her? It was a team effort, as these things are.

The statement: “As someone who headed the National Economic Council that paid off Nigeria’s entire debt under the visionary leadership of President Olusegun Obasanjo"... is very very true. If they did not raise it as an issue, and pursue all avenues, it won't have happened, even with Okonjo-Iweala's brains and influence with the neo-imperialists agencies (IMF and World Bank).

2 Likes

Re: Atiku Raises Alarm Over Nigeria’s N25.6trn Debt by owila4luv(m): 6:32pm On Jul 10, 2019
Fhemmmy:


And during the time of OBJ/Atiku, what was their achievement or isn't he enjoying the money stolen at that time now?
stop talking sh*t in the name of political sentiments when people are talking sense in nation building. baba is a failure!
Re: Atiku Raises Alarm Over Nigeria’s N25.6trn Debt by nextstep(m): 6:33pm On Jul 10, 2019
We're back in the hands of people who don't understand basic money: if you borrow so much money that you only pay interest, you will eventually strangle your economy, especially when you don't make efforts to grow it.

1 Like

Re: Atiku Raises Alarm Over Nigeria’s N25.6trn Debt by martowskin1(m): 6:33pm On Jul 10, 2019
martineverest:
I hate when ex presidents, vice president, governors,senators etc that fleeced nigerian treasury dry wil come out and start giving advice/sympathy/criticism as if they care about the nation...what did they do when they had all the time in the world to change Nigeria

I hate hypocrites


Bro take sentiment out of this.... In 4yrs, they doubled our national debt.... Come on, this is more than former this or that, any concerned Nigeria should be worried....
Re: Atiku Raises Alarm Over Nigeria’s N25.6trn Debt by Justino21(m): 6:34pm On Jul 10, 2019
Pls we need to look into this
Re: Atiku Raises Alarm Over Nigeria’s N25.6trn Debt by Kylekent59: 6:36pm On Jul 10, 2019
APC has killed us cry cry cry
Re: Atiku Raises Alarm Over Nigeria’s N25.6trn Debt by femtex007(m): 6:37pm On Jul 10, 2019
teebaxy:
is that all you can contribute .... You are cursed
you are mentally derailed you this useless asshole. Must I think the way u think? U, ur family, ur generation are cursed. Foolish monkey.
Re: Atiku Raises Alarm Over Nigeria’s N25.6trn Debt by nextstep(m): 6:38pm On Jul 10, 2019
Mk12:

Dukeemmanuel44 post=80134573:
This Atiku need sense, recieve one

don't worry we will know whether it is atiku a billionaire or you who need sense when the time comes.

Abi now? I always love it when people with barely 10k in their bank account insist they know better than billionaires about money matters.
Re: Atiku Raises Alarm Over Nigeria’s N25.6trn Debt by owila4luv(m): 6:39pm On Jul 10, 2019
kollinz1234:
Buhari has killed us. He has borrowed more than PDP borrowed in the 16 years rule.

Anyway, I voted him to revenge those people that voted him in 2015

grin Chai! You Mumu o!
Re: Atiku Raises Alarm Over Nigeria’s N25.6trn Debt by GreatnessInMind(m): 6:39pm On Jul 10, 2019
And to know that evry indices/makers of nation development is on the negative side makes it heart breaking.. Its high time we eschew politics and see the downward movement of this administration.. Nigeria will survive this..
Re: Atiku Raises Alarm Over Nigeria’s N25.6trn Debt by martowskin1(m): 6:41pm On Jul 10, 2019
chiefolododo:
buhari has single-handedly borrowed at least 12Trillion dollars with nothing to show for it. Obj/Atiku's regime is far better that this one that has no clue on how to run government

U forgot to mention in just 4yrs.....

I wonder how much debt we will incurre in the next 4yrs
Re: Atiku Raises Alarm Over Nigeria’s N25.6trn Debt by SheikhMuniru(m): 6:45pm On Jul 10, 2019
Leave Bubu Alone ooo
Re: Atiku Raises Alarm Over Nigeria’s N25.6trn Debt by Kylekent59: 6:49pm On Jul 10, 2019
CptCharlesVane:
Everybody knows but the problem with people like Atiku is that he wouldn't have said a thing about this if he was still in APC. Now is 'General Buhari' grin Kontinu

When he was the Vice president, he questioned Obasanjo's system of rule.

Stop saying nonsense. Tackle the present and forget the past,also remove sentiments and aim for solutions.

Nigerians love proscribing someone who has come to speak for justice.

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