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Nairaland Forum / Nairaland / General / Politics / Zainab Ahmed: CBN Monetary Policy Committee, Minister Of Finance Clash Over Debt (15674 Views)
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Re: Zainab Ahmed: CBN Monetary Policy Committee, Minister Of Finance Clash Over Debt by gazza07(m): 7:49pm On Aug 29, 2019 |
Delusional govt F T C 1 Like 1 Share |
Re: Zainab Ahmed: CBN Monetary Policy Committee, Minister Of Finance Clash Over Debt by israelmao(m): 7:53pm On Aug 29, 2019 |
J 1 Like 1 Share |
Re: Zainab Ahmed: CBN Monetary Policy Committee, Minister Of Finance Clash Over Debt by Yankee101: 7:53pm On Aug 29, 2019 |
Accounting is not Economics and she's definitely not qualified 30% of revenue already services debt. What do you want? 80% debt? Right now no major devt or brand new infrastructure project that wasn't started by previous admins. State govts have borrowed so much that they can't finish paying in 20years if no new loans where taken today. Obasanjo and Ngozi brought us out of debt, these bush people want to borrow money that will all but sure be stolen immediatley and automatically guarantee failure for unborn generations. 2 Likes 1 Share |
Re: Zainab Ahmed: CBN Monetary Policy Committee, Minister Of Finance Clash Over Debt by madenigga(m): 7:53pm On Aug 29, 2019 |
I am a Nigerian from Imo and I have an idea that i think would really help imo state greatly. Especially its economy. I am of the notion that Okorochas Eastern palm university should not be used as a campus of IMSU. Let the status quo remain or they shift it to Mbano zone as Rochas planned. Instead let the Eastern palm University be used as a transport university, it would be the first in the south since the only available one is at Katsina. This would naturally attract investment and improve the economy, cause i sense Nigeria is about to withness a boom in that sector. WHATS YOUR TAKE 1 Like 1 Share |
Re: Zainab Ahmed: CBN Monetary Policy Committee, Minister Of Finance Clash Over Debt by madenigga(m): 7:55pm On Aug 29, 2019 |
let them stop this state borrowing once and for all 1 Like 1 Share |
Re: Zainab Ahmed: CBN Monetary Policy Committee, Minister Of Finance Clash Over Debt by EngrchidiG25(m): 7:56pm On Aug 29, 2019 |
This country is going to be in a very big mess later with all this act of borrowing 1 Like 1 Share |
Re: Zainab Ahmed: CBN Monetary Policy Committee, Minister Of Finance Clash Over Debt by dingbang(m): 7:58pm On Aug 29, 2019 |
Look at the incompetent ministers of finance buhari has employed over the years... 1 Like 1 Share |
Re: Zainab Ahmed: CBN Monetary Policy Committee, Minister Of Finance Clash Over Debt by baratech: 8:06pm On Aug 29, 2019 |
24.9 TRILLION... It's a problem o! That's like 100k per Nigerian citizen.... Chai 1 Like 1 Share |
Re: Zainab Ahmed: CBN Monetary Policy Committee, Minister Of Finance Clash Over Debt by Boyooosa(m): 8:15pm On Aug 29, 2019 |
i never see dat chic being intelligent nor sound enough and by that, not mentally fit and capable to handle an economy as huge and complicated as nigeria's... state commissioner or bank director, fine. 1 Like 1 Share |
Re: Zainab Ahmed: CBN Monetary Policy Committee, Minister Of Finance Clash Over Debt by Alex09(m): 8:15pm On Aug 29, 2019 |
ghen ghen 1 Like 1 Share |
Re: Zainab Ahmed: CBN Monetary Policy Committee, Minister Of Finance Clash Over Debt by lafuria1(m): 8:17pm On Aug 29, 2019 |
Yankee101: She isn't asking for new loans , she is saying that the current loans are a problem because we are not generating enough revenue, Every country had debt, America those but it isn't an issue because they generate so much . Even if we stop borrowing, if our revenue doesn't increase geometrically, we are going to run into problem, salary is eating a big chunk, a lot of infastructions to put in place. 1 Like 1 Share |
Re: Zainab Ahmed: CBN Monetary Policy Committee, Minister Of Finance Clash Over Debt by Nobody: 8:19pm On Aug 29, 2019 |
Any sensible person knows to peg his debt burden close his revenue profile - what you earn determines how much you can borrow - so what is that stupīd aboki woman saying?!! China, India, Brazil are net- producers, who don't have the monstrous balance of payments challenge that Nigeria has always had, and they are not a mono-product economy. This is what Nigeria gets when it is governed by incompetent and greedy people. They appoint fools into managerial posts just to further their own selfish ends. 1 Like 1 Share |
Re: Zainab Ahmed: CBN Monetary Policy Committee, Minister Of Finance Clash Over Debt by ibabz(m): 8:26pm On Aug 29, 2019 |
Did you read it at all? Did you read where the CBN said the debt rose from $18.9 billion in December 2017 to $25.6 billion in March 2019? Or where he stated that the total public debt rose from $79.4 billion at the end of December 2018 to $81.2 billion at end of March 2019. What a waste of investment if you can't read before you posted this trash. I pity your parent.... owo wogbo omo. Sunnyboom: 4 Likes 1 Share |
Re: Zainab Ahmed: CBN Monetary Policy Committee, Minister Of Finance Clash Over Debt by Ugosample(m): 8:28pm On Aug 29, 2019 |
JonDon12: exactki |
Re: Zainab Ahmed: CBN Monetary Policy Committee, Minister Of Finance Clash Over Debt by BrokenCock: 8:37pm On Aug 29, 2019 |
the present CBN governor is a bloody thief. unlike Sanusi, we miss that sincere man. these days banks scam ppl anyhow. now i save money in bottle, after all there is nothing like 'interest' in Nigerian banks. |
Re: Zainab Ahmed: CBN Monetary Policy Committee, Minister Of Finance Clash Over Debt by bluecircle470: 8:37pm On Aug 29, 2019 |
FarahAideed: Ignorance is your problem |
Re: Zainab Ahmed: CBN Monetary Policy Committee, Minister Of Finance Clash Over Debt by Sunnyboom: 8:40pm On Aug 29, 2019 |
Fools n foolishness sha ! So, you can not figure out the difference btw 18.9 n 25.6 & 79.4 n 81.2 or did she tell you in the article Buhari collected the entire loan ?! Foolish people fronting smart everyday on NL. ibabz: |
Re: Zainab Ahmed: CBN Monetary Policy Committee, Minister Of Finance Clash Over Debt by FarahAideed: 8:43pm On Aug 29, 2019 |
bluecircle470: Bring facts or shut up .. Is this govt not the worse so far? Please mention one thing Buhari has achieved |
Re: Zainab Ahmed: CBN Monetary Policy Committee, Minister Of Finance Clash Over Debt by ibabz(m): 8:50pm On Aug 29, 2019 |
I can't waste my precious time arguing with a moronic element like you. Perhaps you need to go back to Pry 3 to go and learn reading and comprehension. OLODO! Sunnyboom: |
Re: Zainab Ahmed: CBN Monetary Policy Committee, Minister Of Finance Clash Over Debt by Legendguru: 8:53pm On Aug 29, 2019 |
ohh |
Re: Zainab Ahmed: CBN Monetary Policy Committee, Minister Of Finance Clash Over Debt by Prymestrr(m): 8:55pm On Aug 29, 2019 |
Sunnyboom:So you're still blaming PDP for your lack of erection after 4 years plus? |
Re: Zainab Ahmed: CBN Monetary Policy Committee, Minister Of Finance Clash Over Debt by bluecircle470: 9:08pm On Aug 29, 2019 |
FarahAideed: Your foolishness is high to the heavens |
Re: Zainab Ahmed: CBN Monetary Policy Committee, Minister Of Finance Clash Over Debt by BigIyanga: 9:09pm On Aug 29, 2019 |
lilytender:Igiot follow follow Zombie.. Nigeria has been running a deficit budget from Obj era till now, but GMB increased the size of the budget by 100% and tripped borrowing. Size of FG’s budget under GEJ was 4.2tn while GMB increased it to 8.2tn when economy was shrinking and he borrowed about 100% of the sharp increase to fund a deficit budget... And most importantly, that borrowing was used to fund recurrent expenditure.. chop monet.. about $2bn@N600bn was mapped for social programs under presidency without a ministerial supervision. |
Re: Zainab Ahmed: CBN Monetary Policy Committee, Minister Of Finance Clash Over Debt by RZArecta2(m): 9:36pm On Aug 29, 2019 |
Sunnyboom:There’s a reason why you people are referred to as zombies and you just proved it once again 1 Like 1 Share |
Re: Zainab Ahmed: CBN Monetary Policy Committee, Minister Of Finance Clash Over Debt by ItsMeAboki(m): 11:18pm On Aug 29, 2019 |
TSRC: If you had applied more sense to the issue rather than your prejudice perhaps you might have noticed that both were more or less saying the same thing. If you look past through the long grammar and figures the other side were posting; then you would see that real issue of concern (like the minister said) is not the actual size of our debt but the (lower than desired) REVENUE we are generating. The only difference between them is their choice of words: it's like comparing the statements 'the cup is half full' against 'the cup is half empty' - both effectively being the same thing but viewed from different perspectives; one being optimistic while the other is pessimistic. |
Re: Zainab Ahmed: CBN Monetary Policy Committee, Minister Of Finance Clash Over Debt by IamCharles123: 12:00am On Aug 30, 2019 |
Sunnyboom:You are not a smart person, like that guy said u should go back to school, learn to read n also understand things b4 replying. |
Re: Zainab Ahmed: CBN Monetary Policy Committee, Minister Of Finance Clash Over Debt by sapientia(m): 12:01am On Aug 30, 2019 |
When the head is sick |
Re: Zainab Ahmed: CBN Monetary Policy Committee, Minister Of Finance Clash Over Debt by BigIyanga: 12:04am On Aug 30, 2019 |
ItsMeAboki:STF.. They were saying different things . The willfully ignorant minister was saying the size of man’s household...should be used to determine his credit worthiness while the knowledgeable banker was saying that the man’s income should be considered given the fact servicing of his existing loan is based on his income not the size of his household.. GOT it? |
Re: Zainab Ahmed: CBN Monetary Policy Committee, Minister Of Finance Clash Over Debt by BigIyanga: 12:10am On Aug 30, 2019 |
lilytender: Egiot follow follow Zombie.. Nigeria has been running a deficit budget from Obj era till now, but GMB increased the size of the budget by 100% and tripped borrowing. Size of FG’s budget under GEJ was 4.2tn while GMB increased it to 8.2tn when economy was shrinking and he borrowed about 100% of the sharp increase to fund a deficit budget... And most importantly, that borrowing was used to fund recurrent expenditure.. chop monet.. about $2bn@N600bn was mapped for social programs under presidency without a ministerial supervision. |
Re: Zainab Ahmed: CBN Monetary Policy Committee, Minister Of Finance Clash Over Debt by Bragalane: 12:34am On Aug 30, 2019 |
and you as a lunatic insulting yet unable to detail what is zombie about you. RZArecta2: |
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