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Obasanjo Says Nigeria Faces Impending Bankruptcy - Politics (2) - Nairaland

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Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by ZombieTERROR: 7:00am On Dec 29, 2019
itsme01:
nonsense talk oga pay back the 16 billion dollars you stole

These are the kinda people I was talking about.... They can chant sai barber To the grave...

Lord help us

6 Likes

Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by Monaco2(m): 7:00am On Dec 29, 2019
Truly if we remove religious n political sentiment we will see that Buhari truly is clueless

5 Likes

Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by Nobody: 7:00am On Dec 29, 2019
This is like national anthem naa, everyone knows.
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by Jibsy203(m): 7:00am On Dec 29, 2019
Why did some yoruba zombies hate dis man somuch? Just asking
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by semyman: 7:01am On Dec 29, 2019
See Grandpa weh e mumu
When he was monetizing the national assembly and the civil service what was he expecting?

1 Like

Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by codedguy1(m): 7:01am On Dec 29, 2019
grin
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by EternalBeing: 7:01am On Dec 29, 2019

2 Likes 1 Share

Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by Sheriman(m): 7:01am On Dec 29, 2019
When Dem no dey bankruptcy Nko?
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by itsme01: 7:02am On Dec 29, 2019
ZombieTERROR:


These are the kinda people I was talking about.... They can chant sai barber To the grave...

Lord help us


shatap their ogheni... isnt it better we borrow to fix shiity roads in Shout Yeast and install toll plaza rather than watch loved ones die every december
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by codedguy1(m): 7:03am On Dec 29, 2019
Monaco2:
Truly if we remove religious n political sentiment we will see that Buhari truly is clueless

You don't need to remove anything just look at his face it will tell you how sinisterly clueless and phucked up we are.

1 Like

Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by AkunaAtakasi: 7:04am On Dec 29, 2019
[s]
itsme01:



shatap their ogheni... isnt it better we borrow to fix shiity roads in Shout Yeast and install toll plaza rather than watch loved ones die every december
[/s]
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by samdigo90: 7:05am On Dec 29, 2019
Make the country go bankrupt so we can scatter
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by Mightyhaiz: 7:06am On Dec 29, 2019
Hmm
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by Enwhen(m): 7:07am On Dec 29, 2019
yarimo:
After you have bankrupts it abi? undecided nonsense embarassed


With the money he stole non of his generation would bankrupt, but for u, u will continue to wallow in hungry while coming to Naira to display foolishness...u always want to be noticed for foolishnesses, is that a title ??
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by ZombieTERROR: 7:08am On Dec 29, 2019
itsme01:



shatap their ogheni... isnt it better we borrow to fix shiity roads in Shout Yeast and install toll plaza rather than watch loved ones die every december

All borrowed money are looted
Just like they are going to loot 37 billion naira meant for the renovation of a building that cost 7 billion to construct...

Stop sai barbering... Have mercy on yourself

3 Likes

Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by atmstyle: 7:09am On Dec 29, 2019
Bedwyr:
Yes we do because 95% of our revenue is from oil, we produce 2.2 million barrels of it a day, and we have to share the revenue amongst 200 million people.

We have been always at the verge of bankurptcy, even when OBJ was ruling...we just used high oil prices during his regime to mask it.

Nigeria also refuses to cut spending...excess spending...and corruption...and refuses to take steps to remove wasteful things like subsidy, TraderMoni, N-power, etc.
IMF things...
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by funmike83(f): 7:10am On Dec 29, 2019
yarimo:
After you have bankrupts it abi? undecided nonsense embarassed

Why don't you pple like moving on instead of dwelling in the past. Did obasanjo leave the economy like dis? Even Jonathan's regime was not as bad as this . All you can do is to sit here and say obasanjo spoilt your economy when buhari is tearing the country apart using change to brainwash you guys

10 Likes

Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by itsme01: 7:11am On Dec 29, 2019
ZombieTERROR:


All borrowed money are looted
Just like they are going to loot 37 billion naira meant for the renovation of a building that cost 7 billion to construct...

Stop sai barbering... Have mercy on yourself


well i cant lie, you have a valid point, however chinese dont borrow and give you cash, they deliver infrastructures instead and let you pay back in decades like 30 years at single digit intrest
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by Dpharisee: 7:12am On Dec 29, 2019
.
He explained that the current budget out of which Nigeria spends 25 percent to service debt “is not the country’s total earning; a lot of it is also borrowing. Simply put, we are borrowing to service what we have borrowed and yet we are borrowing more.

“I do not need the brain of any genius to conclude that those who use statistics to dig us deeper into debt are our enemies statistics can be used to serve any purpose, and that is why Winston Churchill talked of lies, damn lies and statistics, meaning statistics can be made master of lies.”

This is baaaad. shocked
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by juniorstar(m): 7:13am On Dec 29, 2019
after all baba did to fee us from debt we still wan fall into d same pit
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by AreaFada2: 7:14am On Dec 29, 2019
TUANKU:
But buhari/apc supporters are too blind with sentiment to see this till it's too late by then they will become victims of the same man they supported blindly.
Just wait. Zombies will soon blame Jonathan, Wike, Fayoshe, FKK and Reno Omokri for the debt. Because Zombies are allergic to truth. grin cheesy

1 Like

Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by miniziter(m): 7:14am On Dec 29, 2019
Bedwyr:
Yes we do because 95% of our revenue is from oil, we produce 2.2 million barrels of it a day, and we have to share the revenue amongst 200 million people.

We have been always at the verge of bankurptcy, even when OBJ was ruling...we just used high oil prices during his regime to mask it.

Nigeria also refuses to cut spending...excess spending...and corruption...and refuses to take steps to remove wasteful things like subsidy, TraderMoni, N-power, etc.

How much is Npower taking if I may ask you? Money them at can't even buy a senator ride.
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by Joyjohn123: 7:14am On Dec 29, 2019
yarimo:
After you have bankrupts it abi? undecided nonsense embarassed
Obasanjo regime was far better than this when it comes to financial management of the country. He paid up foreign debts and request for debt waivers for our economy to grow. The era of borrowing started with Jonathan but Buhari's borrowing level is on the high side without any visible effect on the country's development

4 Likes 1 Share

Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by HarunaWest(m): 7:15am On Dec 29, 2019
lilianofentse:
Africans should stop this borrowing. Owing debts is like modern day enslaving of black countries by the whites!
It's a trap
Lillian someone will send you PM,you won't respond...I will report you to lalasticlala oooh
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by AkunaAtakasi: 7:15am On Dec 29, 2019
[s]
itsme01:



well i cant lie, you have a valid point, however chinese dont borrow and give you cash, they deliver infrastructures instead and let you pay back in decades like 30 years at single digit intrest
[/s]
shatap you have big mouth
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by Nobody: 7:17am On Dec 29, 2019
Spot on @ obj!
The air-headed, redundant coupist @ aso is hell bent on running the shithole aground!

Only a timely intervention can salvage the doomed jungle!
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by Rapmoney(m): 7:17am On Dec 29, 2019
itsme01:
cool



nonsense talk oga pay back the 16 billion dollars you stole..

Is it not stupidity that makes Africans join IMF, World Bank, Paris club and demonstrate our commitment yet we are afraid to take single digit loans to fund critical infrastructures like US does?

If FG builts a mega power plant that can generate 3000 mega watt of power in each region through loan and borrowing and get steel complex like Ajaokuta working Nigeria would become super developed in less than 5 years and money we generate from power would pay back the loans and give us extra income

.


Rubbish comment!
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by ZombieTERROR: 7:17am On Dec 29, 2019
itsme01:

well i cant lie, you have a valid point, however chinese dont borrow and give you cash, they deliver infrastructures instead and let you pay back in decades like 30 years at single digit intrest

Chinese gives cash loans...
Buhari has nothing to the country
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by AreaFada2: 7:18am On Dec 29, 2019
Joyjohn123:

Obasanjo regime was far better than this when it comes to financial management of the country. He paid up foreign debts and request for debt waivers for our economy to grow. The era of borrowing started with Jonathan but Buhari's borrowing level is on the high side without any visible effect on the country's development

Well, some people are telling us he didn't get any debt relief, that he & NOI just dash Paris Club and others $10b.

Just like they said there was nothing like fuel subsidy. But they now pay more subsidy than before May 2015.

Siddon Look na dog name my brother.

1 Like

Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by itsme01: 7:20am On Dec 29, 2019
Rapmoney:


Rubbish comment!

mumu reply!!
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by Aboguede(m): 7:20am On Dec 29, 2019
For ur mind now, u are intelligent?

It is very annoying to see complete goats fuming Solomon


Tufiaka


itsme01:
cool



nonsense talk oga pay back the 16 billion dollars you stole..

Is it not stupidity that makes Africans join IMF, World Bank, Paris club and demonstrate our commitment yet we are afraid to take single digit loans to fund critical infrastructures like US does?

If FG builts a mega power plant that can generate 3000 mega watt of power in each region through loan and borrowing and get steel complex like Ajaokuta working Nigeria would become super developed in less than 5 years and money we generate from power would pay back the loans and give us extra income

.

1 Like

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