colorsofrainbow:
So if Nigeria finally disintegrates,how will Nigeria pay back this huge debt??
I'm just asking...

colorsofrainbow:
my brother I'm just thinking

PassingShot:
Liars.

colorsofrainbow:
So if Nigeria finally disintegrates,how will Nigeria pay back this huge debt??
I'm just asking...

colorsofrainbow:
So if Nigeria finally disintegrates,how will Nigeria pay back this huge debt??
I'm just asking...

PassingShot:

Go educate yourself about the debt portfolio and what each government borrowed.

lastempero:
When jihadist are on the prowl.

PassingShot:
Liars.

ThisCouldBeUs:
If you voted Buhari and come here to complain, God go punish you.

colorsofrainbow:
So if Nigeria finally disintegrates,how will Nigeria pay back this huge debt??
I'm just asking...

Freehuman:
Igbo presidency will stabilize Nigeria and transform this country to a first world country.
If you doubt me check the list below.

List of Nnewi Billionaires and their Chieftency titles

Bill Gates - eze ndi eze 1 of Microsoft

Jeff Bezos - eze ego 1 of Amazon

Mark Zuckerberg- eze ihe ọmụma 1 of Facebook

Other notable mentions

Cletus Ibetu
Cosmas Maduka
Innocent Chukwuma
Ifeanyi Ubah

We the people hereby declare that any step taken to hunt one of US WILL BE MET WITH STIFF OPPOSITION. WE WILL WITHDRAW OUR INVESTMENTS AND LEAVE THE UNITED COUNTRY OF YANKEE underdeveloped like we met it and come and develop the zoo.

signed freehuman.

***************
Below for those who think I'm dumb. Una father.
************************
Sovereign debt which is also synonymous to national or public debt isn't in itself a bad thing. It is a very convenient way of securing funds for infrastructural and human capital development by any country in the world. I have read several journals where world class researchers investigated the American economy and opined that the US may never repay their public debt completely. With public debt a country is always likely going to suffer deficit at the end of a fiscal year but if the debt is utilized effectively the country would be at advantage both in the long and short run.

Infact a country like Nigeria which had almost been destroyed by consecutive decades of looting cannot sustain its projects with proceeds of its almost singular export product (petroleum) and taxes. Taxation is not even an option and the public outcry during hike of some government levies is evident of that fact. Also, prices of different variants of crude oil in the international market had depreciated four years into this decade that is almost coming to an end.
This means that seeking funds from external sources becomes almost inevitable if the government must even attempt to fulfill half of its promises. At this stage of our metamorphosis as a nation we should be concerned with if the debt incurred is used to improve the standard of living of every Nigerian or half of it is used to run the Nigerian government which seems to be one of the most expensive governments in the 21st century.

bigpicture001:
For me..i dont think there is anything wrong with borrowing..just let it b used appropriately

adenigga:


Debt forgiveness!!!

CSTR2:

There is something wrong with borrowing.

Countries that borrow do it as a last resort. And when they borrow, they ensure it can pay itself back.

Singapore had a law that all government borrowings must be in used in projects that can pay for itself.
It is a law in Singapore.

Borrowing is not an ideal economic policy. China, saudi arabia and Norway don't borrow.

Omooba77:


https://www.dailytrust.com.ng/from-10bn-nigeria-debt-profile-now-84bn-under-buhari-falalu-bello.html