itsme01:



infrastructure cos huge money running into billions of dollars eg Kano Lagos standard guage rail at 5 billion USD or 18 trillion Naira, all this ikoyi petty cash and FIRS money cant deliver the project as the money comes in stream by stream which can cause project abandonment

Now that you mentioned Ghana and Rwanda try and google their debt to gdp ratio and their national debt, and how their fancy airports and rails are funded

itsme01:




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

Small Rwanda and Ghana are leaving Big for nothing Nigeria behind through infrastructural Loans plans with National debt higher than Nigeria's yet we speak grammer everyday without taking any action

.

yarimo:
After you have bankrupts it abi? nonsense

Kwanza:

https://m.guardian.ng/breakingnews/nigeria-faces-impending-bankruptcy-says-obasanjo/

itsme01:


well atleast i can visibly see Abuja airport new terminal, i can see that of portharcout and i saw the one in lagos nearing completion.. again i have used my eyes to see the new standard guage rail in lagos- to ibadan and that of abuja - kaduna

touchmenot:


You are complete Olodo. You compare yourself with US? Are you for real? You didn't even bother to compare GDPs and other relevant economic indices of both countries.
If you actually follow the news, US debt profile is a serious worry to US at the moment. It's a key part of their political discuss and campaigns. The problem with you guys is that you copy blindly without asking questions.

itsme01:


oga Nigeria has an healthy debt to gdp ratio in fact too low for any serious developing country...

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.

Lynx001:
. someone help me out. This 2trillion we are removing from our budget are we paying back our debt or we are servicing it. Is there difference btw servicing debt and repaying. Very soon we will start seeing something lyk.

Your account 311XXXXX17 has been debited with 20,000.desc/repay nigeria's debt with china. avail bal:1080.

itsme01:




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 The ones they borrowed before what did they used it to do? please, talk realities don't just talk because you are a member of a political party or you have a sympathy for somebody. this what everybody that love this country is crying.

Small Rwanda and Ghana are leaving Big for nothing Nigeria behind through infrastructural Loans plans with National debt higher than Nigeria's yet we speak grammer everyday without taking any action

.

itsme01:


well atleast i can visibly see Abuja airport new terminal, i can see that of portharcout and i saw the one in lagos nearing completion.. again i have used my eyes to see the new standard guage rail in lagos- to ibadan and that of abuja - kaduna

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.

loswhite:
are they generating the revenue needed to pay the debt? If that is the case nobody will complain about debt servicing. It is lack of trust because we have been here before

itsme01:


surely corruption breeds mistrust, however corruption doesnt stop Nigeria's growing need of infrastructural expansion... soon the rail would become very profitable as soon as it begins to move cargo

Kwanza:

https://m.guardian.ng/breakingnews/nigeria-faces-impending-bankruptcy-says-obasanjo/

itsme01:




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

Small Rwanda and Ghana are leaving Big for nothing Nigeria behind through infrastructural Loans plans with National debt higher than Nigeria's yet we speak grammer everyday without taking any action

.

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.

Cantonese:



So what has stopped this government from building at least one power station of 3000 megawatts in 4 years and 7 months?
All the loans taken in the past 4 years and 7 months kindly show us the infrastructure put in place.

We must never pretend over the truth. The truth is that the greed and propensity of our leaders has brought this country down to this level.

Look at how many accused leaders holding positions in the executive and legislature. With such people how can we move forward. Now they plan to borrow more, plan some yeye programmes and most of the loaned amounts find their way into private pockets.

With due respect to our president, trubalism and nepotism should be set aside in appointing proper people into positions that can move this country forward.

When you deal with food and infrastructure there wil be peace in the land. For the first time in this country chicken farmers have been selling at 7,000 for broilers.

We truly need help in this country.

GMbuharii:


Please be useful to mankind, thank you

enemyofprogress:
do you know the meaning of bankruptcy or you just dey talk just for you to be noticed too?

itsme01:


Atleast i have seen Abuja Kaduna rail, i have seen warri itapke and i have seen lagos - abeokuta - ibadan working just fine after decades of neglect.. and if you travel by hear you can see what Abuja airport now looks like same Portharcout and soon to be commissioned Lagos and Kano... you said we truly need help yet nuhari proposed a finacial idea of getting needed help and you are complaining


I never said Obasanjo is bad, but with increasing population and reducing revenue we need to fix our infrastructure to be able to diversify the economy

itsme01:




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

Small Rwanda and Ghana are leaving Big for nothing Nigeria behind through infrastructural Loans plans with National debt higher than Nigeria's yet we speak grammer everyday without taking any action

.