post=83385533:

Are you tired of typing and wailing?!
Don't be please, you still.have 4 years to do that.
Happy wailing in advance kiddo!

Lol... Wailing? I don't wail....


That's your job to do as you are still ranting about 16 years even when your failure boss has spent 4 years plus.

Oh! in case you don't know math, you've got 3.5 years to do your zombeism job. Good luck with that as well.

post=83384760:

What our politicans have stolen and looted since our democracy started is much more huge than this.

Mrs Allison Madueke, the frog eyed thief's loot will shrink this debt to some reasonable extent.

For this country to move forward, heads must roll.
Criminals must be jailed for years.

2019 award winner of MENTAL.

Btw,shut up, thank you

One day Facebook or Google will buy Nigeria

Share it in years

Lol , wailers are scared like chickens!
Kids everywhere!

post=83384760:

What our politicans have stolen and looted since our democracy started is much more huge than this.

Mrs Allison Madueke, the frog eyed thief's loot will shrink this debt to some reasonable extent.

For this country to move forward, heads must roll.
Criminals must be jailed for years.

when criminal is in power people suffer! buhari came like a messiah but turned out to be a worst criminals in the history of our beloved nation!.

[s]

post=83385921:
Lol , wailers are scared like chickens!
Kids everywhere!

[/s]

[s]

post=83385533:

Are you tired of typing and wailing?!
Don't be please, you still.have 4 years to do that.
Happy wailing in advance kiddo!

[/s]

Lazy Nigerian Youths.
As at June 2015,Nigeria debt profile was about N23trn.

$63.806bn x N360 = N22.90trn approximately
N25.70trn - N22.90trn = N2.8trn
Thus, Buhari has been paying those debt his administration incurred.



https://www.premiumtimesng.com/news/headlines/293012-fact-check-how-accurate-is-osinbajos-claim-on-nigerias-debt-profile.html/amp/

And to think someone offered me a government contract a couple of weeks ago. Simply told him that government is essentially insolvent and cannot meet its obligations.... why should I partner with such. I told him, that if I was broke and neck deep in debt, will he expose himself financially to me?

I simply cannot understand how those who do business with government sleep with their two eyes closed and with their hearts at peace. Abeg, I no fit add my name to the 17 trillion naira list.

TGM2015:
Lazy Nigerian Youths.
As at June 2015,Nigeria debt profile was about N23trn.

$63.806bn x N360 = N22.90trn approximately
N25.70trn - N22.90trn = N2.8trn
Thus, Buhari has been paying those debt his administration incurred.



https://www.premiumtimesng.com/news/headlines/293012-fact-check-how-accurate-is-osinbajos-claim-on-nigerias-debt-profile.html/amp/

in 2015, the exchange rate was between 160 to 200 naira to 1 usd, so your calculations are wrong.

1shortblackboy:
See debt. Kuku sell us na

Who wan buy liability

post=83384760:

What our politicans have stolen and looted since our democracy started is much more huge than this.

Mrs Allison Madueke, the frog eyed thief's loot will shrink this debt to some reasonable extent.

For this country to move forward, heads must roll.
Criminals must be jailed for years.

To be honest, there is no difference between the GEJ and Buhari administration on the issue of economic management. The crisis we are facing was foretold as far back as 2012 by people such as NOI, Steve Oronsaye, and Charles Soludo. Others such as Sam Amadi hinted at the importance on maintaining a stable currency to ensure that consumers have the ability to pay for electricity, thus creating a market mechanism to increase the production and supply of electricity, yet no one listened.

in 2015, the IMF advised the Nigerian government to implement policies espoused by NOI and Steve Oronsaye, yet the government refused to listen.

WHERE WE ARE NOW
as debts rise,
- the government will be forced to sell national assets.
- the government will be forced to further depreciate the naira creating a new currency crisis.
- the government will be forced to implement Oronsaye's policies which should have been implemented as far back as 2012


A new Hope (short term boost)

there are many indicators that oil prices are going to rise above $100 dollars within one to two years time. indicators such as a weakening USD due to falling interest rates in USA, depletion of shale reserves in USA and increased global demand for energy as a result of development and population growth.

This increase in prices however, may not last more than a few years as people and governments around the world may switch to energy efficient, green friendly, electricity powered vehicles. If this happens, this change in taste and preferences to electric powered vehicles would be the death knell to high oil and gas prices.



ps.
Oil prices may not even rise to 100 USD in the first place as a result of the development of shale fields in other countries from the USA.

Thoughts and prayers...

Tianamen1:


in 2015, the exchange rate was between 160 to 200 naira to 1 usd, so your calculations are wrong.

Common the figure was in dollars, the writer of this thread post should have quoted the debt in dollars but choose Naira to make it look outrageous.

So are you telling me that if you owed a bank $10k dollars in 2015 and you are asked to pay back the debt today in Naira, you will be using N200 exchange rate? The debt were taken in dollars and repaid in dollars except the local debts.

Tianamen1:


To be honest, there is no difference between the GEJ and Buhari administration on the issue of economic management. The crisis we are facing was foretold as far back as 2012 by people such as NOI, Steve Oronsaye, and Charles Soludo. Others such as Sam Amadi hinted at the importance on maintaining a stable currency to ensure that consumers have the ability to pay for electricity, thus creating a market mechanism to increase the production and supply of electricity, yet no one listened.

in 2015, the IMF advised the Nigerian government to implement policies espoused by NOI and Steve Oronsaye, yet the government refused to listen.

WHERE WE ARE NOW
as debts rise,
- the government will be forced to sell national assets.
- the government will be forced to further depreciate the naira creating a new currency crisis.
- the government will be forced to implement Oronsaye's policies which should have been implemented as far back as 2012


A new Hope (short term boost)

there are many indicators that oil prices are going to rise above $100 dollars within one to two years time. indicators such as a weakening USD due to falling interest rates in USA, depletion of shale reserves in USA and increased global demand for energy as a result of development and population growth.

This increase in prices however, may not last more than a few years as people and governments around the world may switch to energy efficient, green friendly, electricity powered vehicles. If this happens, this change in taste and preferences to electric powered vehicles would be the death knell to high oil and gas prices.



ps.
Oil prices may not even rise to 100 USD in the first place as a result of the development of shale fields in other countries from the USA.

Thoughts and prayers...

Very good input and analysis by you sir.
We hope the government take some cue from the source you quoted.
A better Nigeria is all we want.
Stay blessed sir!

post=83384760:

What our politicans have stolen and looted since our democracy started is much more huge than this.

Mrs Allison Madueke, the frog eyed thief's loot will shrink this debt to some reasonable extent.

For this country to move forward, heads must roll.
Criminals must be jailed for years.

I think the right thing to say is what your Lord and savior has looted,

See as they are looting away the future of your generations yet unborn and you are clapping for them because if peanuts.
Their children school in Harvard and Oxford, giving juicy NNPC and other parastatals appointments, but you where did you school?
Where do you even anticipate your kids will school?
When you answer that sincerely you realise how sensible you are.

Keep supporting these politicians while they rape you of your common patrimony and throw crumbs at you.

[s]

post=83388179:

Very good input and analysis by you sir.
We hope the government take some cue from the source you quoted.
A better Nigeria is all we want.
Stay blessed sir!

[/s]

rodeo0070:
Nigerian States and Federal Debt Stock data as at 30th June 2019 reflected that the country's total public debt portfolio stood at N25.70trn.

Further disaggregation of Nigeria's total public debt showed that N8.32trn or 32.38% of the debt was external while N17.38trn or 67.62% of the debt was domestic.

Similarly, total domestic debt was N3.97 trillion with Lagos state accounting for 12.08% of the total domestic debt stock while Yobe State has the least debt stock in this category with a contribution of 0.69% to the total domestic debt stock.

SOURCE: https://brandspurng.com/2019/10/23/nigerias-total-public-debt-stood-at-n25-70trn-in-q2-2019-says-nbs/

Lol

And some people said Democracy era is better than Military Regime. I think it's time to go back to Military regime which law and orders take effect immediately.

rodeo0070:
Nigerian States and Federal Debt Stock data as at 30th June 2019 reflected that the country's total public debt portfolio stood at N25.70trn.

Further disaggregation of Nigeria's total public debt showed that N8.32trn or 32.38% of the debt was external while N17.38trn or 67.62% of the debt was domestic.

Similarly, total domestic debt was N3.97 trillion with Lagos state accounting for 12.08% of the total domestic debt stock while Yobe State has the least debt stock in this category with a contribution of 0.69% to the total domestic debt stock.

SOURCE: https://brandspurng.com/2019/10/23/nigerias-total-public-debt-stood-at-n25-70trn-in-q2-2019-says-nbs/

post=83384760:

What our politicans have stolen and looted since our democracy started is much more huge than this.

Mrs Allison Madueke, the frog eyed thief's loot will shrink this debt to some reasonable extent.

For this country to move forward, heads must roll.
Criminals must be jailed for years.



This is an eye opener!

Abeg what kind of mathematics is this?
What wa's the cost of dollar as if May 2015? Why are you multiplying by 360 instead of 180

Nigeria and the debt not optional With good government how long does it takes to clear it all. God Bless my Country.

It's well o









GRAB THIS 1KVA SOLAR POWER SYSTEM AND ENJOY MINIMUM 8 HOURS ELECTRICITY DAILY... PROMO ENDS TOMORROW NOON

explosiveskull:

HOW FAR

Far about what?

ursullalinda:


Far about what?

Mental family sickness.

See this wild animal forming funky and razzy, go and die abeg.

explosiveskull:

Mental family sickness.

See this wild animal forming funky and razzy, go and die abeg.

������ pls who opened the psychiatric gate you escaped from? Kindly go and finish your treatment to need am. And it will go along way in bringing you back to life