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Lai Muhammed: Buhari Alone Can’t Be Blamed For Nigeria’s Debt - Politics (4) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Lai Muhammed: Buhari Alone Can’t Be Blamed For Nigeria’s Debt (23086 Views)

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Re: Lai Muhammed: Buhari Alone Can’t Be Blamed For Nigeria’s Debt by HealthSmart: 5:04pm On Dec 31, 2019
Re: Lai Muhammed: Buhari Alone Can’t Be Blamed For Nigeria’s Debt by Henri8: 5:05pm On Dec 31, 2019
He must be blamed o.
Shey he has been borrowing anyhow.
Re: Lai Muhammed: Buhari Alone Can’t Be Blamed For Nigeria’s Debt by GEJDHERO: 5:08pm On Dec 31, 2019
rusher14:


Why won't it be vague to you?

The OP has the same narrative.

If you want to make further enquiries you can.

The DMO has often said the same but many of you are fond of lying to yourselves.

I often ask, is it Buhari that would suffer?

Rather than you a citizen seeking the truth, you would deliberately be broadcasting falsehood.

After a while, you would even believe your own lies.

Buhari would not be president forever and he's already close to 80 years old.

Should he die today, he would have lived a fulfilled life.

Stop the follow follow and think for yourself.

You can continue.
Zombie Buhari has succeeded in plunging this country into huge debts that it would take 40years of steadfast repayment plan to redeem

1 Like

Re: Lai Muhammed: Buhari Alone Can’t Be Blamed For Nigeria’s Debt by tck2000(m): 5:18pm On Dec 31, 2019
oh
Re: Lai Muhammed: Buhari Alone Can’t Be Blamed For Nigeria’s Debt by Mallamsaka(m): 5:28pm On Dec 31, 2019
rusher14:
What I've been saying for a while:

''Nigeria’s total public debt stock in 2015 was $63.80bn, comprising $10.31bn of external debt and $53.49bn domestic debt. By June 2019, the total debt stock was $83.883bn, made up of $27.163bn of external debt and $56.720bn domestic debt. It is therefore not correct to say that Nigeria’s external debt alone is $81.274bn''.
$30bn will join it soon
Re: Lai Muhammed: Buhari Alone Can’t Be Blamed For Nigeria’s Debt by BigIyanga: 5:36pm On Dec 31, 2019
Rem22:
Bulk of the blames should be passed to Obj & Gej. You borrowed money for infrastructure and it's later landed in private pockets.That's bad
Blockhead.. From OBJ-GEJ of 16yrs, external debt was $10bn while within GMB’ time from 2015-2019-4yrs, be borrowed $17bn. So on average, PDP accumulated $625m per yr, while GMB accumulated $4.25bn per year... and he wants to borrow another $30bn?? Folks like u are gonna pay for this.

1 Like

Re: Lai Muhammed: Buhari Alone Can’t Be Blamed For Nigeria’s Debt by obailala(m): 5:42pm On Dec 31, 2019
tiredoflife:


So what happened to the TSA and all the trillions
What happened to FIRS
what happened to all the billions customs made
So all na washing and setting
All the gas sales
All the royalties
All the recovered loots
All the blocking of leakage

Lass lass there is no pdp nor apc in debts repayment.
Abi u have special market where u buy ur own pepper as an apc member while pdp members buy their own at a higher price
Soon u will have sense
Oga that advice about receiving sense, you obviously need it more.

I made a very simple statement of FACT that should have been understood by any discerning human; someone politicised the debt crisis by saying APC is all about debts and I simply corrected the person by reminding him that the PDP incurred over 75% of Nigeria's current debt burden which we talk about (FACT).

I did not say the debt was nonexistent and neither did I say the debt is good. For you not to
have comprehended my simple point, and for you to respond with your pointless comment above, its more than obvious that you need to be injected with a medication called common sense.

1 Like 1 Share

Re: Lai Muhammed: Buhari Alone Can’t Be Blamed For Nigeria’s Debt by Advocate500: 5:44pm On Dec 31, 2019
Rem22:
Bulk of the blames should be passed to Obj & Gej. You borrowed money for infrastructure and it's later landed in private pockets.That's bad
and this one is landing where zomby?
Re: Lai Muhammed: Buhari Alone Can’t Be Blamed For Nigeria’s Debt by tiredoflife(m): 5:48pm On Dec 31, 2019
obailala:

Oga that advice about receiving sense, you obviously need it more.

I made a very simple statement of FACT that should have been understood by any discerning human; someone politicised the debt crisis by saying APC is all about debts and I simply corrected the person by reminding him that the PDP incurred over 75% of Nigeria's current debt burden which we talk about (FACT).

I did not say the debt was nonexistent and neither did I say the debt is good. For you not to
have comprehended my simple point, and for you to respond with your pointless comment above, its more than obvious that you need to be injected with a medication called common sense.

Show us your facts
U have more facts than IMF
World bank
Obasanjo.
U need ur smoke back abi

Re: Lai Muhammed: Buhari Alone Can’t Be Blamed For Nigeria’s Debt by Advocate500: 5:49pm On Dec 31, 2019
yarimo:
You are absolutely 100 % right Mr lai Muhammed.
I thought u people said borrowing is the best thing that have happened in Nigeria under this administration? I 4got that u people are on robot mode.
Re: Lai Muhammed: Buhari Alone Can’t Be Blamed For Nigeria’s Debt by AuwalYusuf812(m): 5:52pm On Dec 31, 2019
The truth is if he cannot repair then why Spoiling our country.


& we didnt say he is the only one that spoil Nigeria, but we know the damage he cost Us.


Let him comedown Simple.

1 Like

Re: Lai Muhammed: Buhari Alone Can’t Be Blamed For Nigeria’s Debt by obailala(m): 5:59pm On Dec 31, 2019
tiredoflife:


Show us your facts
U have more facts than IMF
World bank
Obasanjo.
U need ur smoke back abi
Your lack of understanding of simple english is catastrophic. Kindly show me any publication where IMF or world bank or OBJ broke down Nigeria's debt and claimed more of it was incurred by Apc between 2015 and 2019.

The imf, world bank etc stated that Nigeria's current debt is very high and advises against further borrowing. There's nowhere the imf or world bank politicised it by saying the current regime of Apc was responsible for the high debt (proof me wrong by showing me the so called publication). So when you try to politicise it by ignorantly saying apc is solely responsible (despite the verifiable figures available), and then ascribe your falsehood to IMF, you're simply just exposing your ignorance.

In 2015 June, Nigeria's total debt stock was ~$63bn and in 2019 it is $83bn. This info is an open verifiable fact which can be accessible from the website of the Debt Management Office. You dont need any special education to understand that. Please quit all these childish pdp vs apc arguments.

1 Like 1 Share

Re: Lai Muhammed: Buhari Alone Can’t Be Blamed For Nigeria’s Debt by RunThins: 6:07pm On Dec 31, 2019
obembet:


Source: https://punchng.com/buhari-alone-cant-be-blamed-for-nigerias-debt-fg/

The problem is not the debt Mr Minister! The problem is that we are borrowing to pay for N5 Bln in official vehicles for NASS, N37 Bln in Renovation of the NASS! How is that adding to national development sir? It is ok to borrow money to start a cassava farm, or mechanic shop, but only a fool and one that intends to leave nothing but heartache for his children unto the 4th and 5th generation, the fool whose children will inherit whirlwinds, borrow huge sums of money to paint his house!!!

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Re: Lai Muhammed: Buhari Alone Can’t Be Blamed For Nigeria’s Debt by sadiqabuch: 6:08pm On Dec 31, 2019
Physics teacher needed within Sango Otta, Ogun State. 08036373137
Re: Lai Muhammed: Buhari Alone Can’t Be Blamed For Nigeria’s Debt by obailala(m): 6:13pm On Dec 31, 2019
Lee29:

Continue deceiving yourself.
Obj government brought Nigeria out of several debts but Buhari is sinking Nigeria deep into more debts with cheers from educated illiterates like you.

World bank, IMF and others have been warning Buhari but he won't listen.
They're busy increasing taxes left right and centre to take care of loan servicing (not actual repayment) while they live in opulence and the masses suffer


OBJ cleared Nigeria's debt, and from OBJ's tenure you magically jumped to PMB without acknowledging there were 8 years and 2 PDP regimes between OBJ and PMB?

Verifiable info all over the place tells you that Nigeria's total debt as at June 2015 when PMB came to power was $63bn, and the total debt is currently ~$83bn. So where exactly did the $63bn debt come from? Was it PMB that incurred $63bn even before he came to power? Or was it the British colonial masters?

For God's sake, why must we argue like kids all the time? The sort of comments and reasoning one encounters on this forum these days from supposedly educated people is nauseating; these sort of directionless rants should be reserved for uneducated illiterates on the streets.

If you want links to data proving that Nigeria's debt stood at $63bn in 2015, ask for it and stop making ignorant beer parlour political assertions all over the place. The World bank / IMF warned that Nigeria's current debt stock was very high and cautioned PMB against further borrowing; the IMF or World Bank did not say PMB was solely responsible for the current high debt. Receive sense!!!!

1 Like 1 Share

Re: Lai Muhammed: Buhari Alone Can’t Be Blamed For Nigeria’s Debt by milkywaves(m): 6:58pm On Dec 31, 2019
In four years, General Buhari's Administration has trippled the country's external debt profile, from $10.31bn to $27.163bn. The $10.31bn was an accumulated debt right from OBJ's Administration up till GEJ's.

The question is what are they doing with theses monies?

2 Likes

Re: Lai Muhammed: Buhari Alone Can’t Be Blamed For Nigeria’s Debt by Respect55(m): 7:51pm On Dec 31, 2019
He shouldn't even be blamed at all. Blame PDP, IPOB, NK and harmattan

1 Like

Re: Lai Muhammed: Buhari Alone Can’t Be Blamed For Nigeria’s Debt by foolbuster: 8:55pm On Dec 31, 2019
Rem22:
Bulk of the blames should be passed to Obj & Gej. You borrowed money for infrastructure and it's later landed in private pockets.That's bad

Before obj completed his tenure. He cleared all of our external debts. I stand to be corrected.

1 Like

Re: Lai Muhammed: Buhari Alone Can’t Be Blamed For Nigeria’s Debt by klax(m): 9:03pm On Dec 31, 2019
Rem22:
Bulk of the blames should be passed to Obj & Gej. You borrowed money for infrastructure and it's later landed in private pockets.That's bad


Haaa!!! if you enter 2020 this way you reason bro hhmmm....i pray you don't end up in mentally challenge hospital.

Since I have be in this forum I have never seen anyway reason as you do bro pls seek for help I'm getting worry about you and your fellow apc wallahi.
Re: Lai Muhammed: Buhari Alone Can’t Be Blamed For Nigeria’s Debt by 2metrelaurie(m): 9:16pm On Dec 31, 2019
Rem22:
Bulk of the blames should be passed to Obj & Gej. You borrowed money for infrastructure and it's later landed in private pockets.That's bad

If I'm not mistaken

Obj actually cleared the debt left by Coupists
Re: Lai Muhammed: Buhari Alone Can’t Be Blamed For Nigeria’s Debt by swiperthefox: 9:19pm On Dec 31, 2019
Lee29:
APC/Buhari are addicted to borrowing. Their destiny is to subject future generations to debt, while themselves live in opulence.

Debt is the destiny of APC. It didn't start today

Aregbesola and Fayemi put their states to debts that will take many years to repay


APC are like US Democrats; socialist liars
Wrong comparison.

1 Like 1 Share

Re: Lai Muhammed: Buhari Alone Can’t Be Blamed For Nigeria’s Debt by kenny160: 9:28pm On Dec 31, 2019
This man has started talking again right? Since dem change his portfolio he can't talk like before but now he has started again
Re: Lai Muhammed: Buhari Alone Can’t Be Blamed For Nigeria’s Debt by jaxxy(m): 9:34pm On Dec 31, 2019
Yes now u will join him to be blamed also.
Re: Lai Muhammed: Buhari Alone Can’t Be Blamed For Nigeria’s Debt by barinedan(m): 10:16pm On Dec 31, 2019
You are right, all his useless ministers and advisers should also share in the blame
Re: Lai Muhammed: Buhari Alone Can’t Be Blamed For Nigeria’s Debt by erico2k2(m): 10:34pm On Dec 31, 2019
rusher14:
What I've been saying for a while:

''Nigeria’s total public debt stock in 2015 was $63.80bn, comprising $10.31bn of external debt and $53.49bn domestic debt. By June 2019, the total debt stock was $83.883bn, made up of $27.163bn of external debt and $56.720bn domestic debt. It is therefore not correct to say that Nigeria’s external debt alone is $81.274bn''.
so you are blinded with this same fact that the external debt rose from $10.31 to $27.16 a figure more than 150% in just 4 years?? U are not worried about this?
Re: Lai Muhammed: Buhari Alone Can’t Be Blamed For Nigeria’s Debt by rusher14: 10:45pm On Dec 31, 2019
erico2k2:

so you are blinded with this same fact that the external debt rose from $10.31 to $27.16 a figure more than 150% in just 4 years?? U are not worried about this?

Why should I?

Debt is debt.

You did not go into a frenzy over a 63 billion dollar debt so why should I over 23 billion?

If you want to wail you know what exactly you should wail over.

2020 is here don't be a hypocrite going into it.

1 Like

Re: Lai Muhammed: Buhari Alone Can’t Be Blamed For Nigeria’s Debt by rusher14: 10:50pm On Dec 31, 2019
foolbuster:


Before obj completed his tenure. He cleared all of our external debts. I stand to be corrected.

He left a debt of 8 billion dollars.
Re: Lai Muhammed: Buhari Alone Can’t Be Blamed For Nigeria’s Debt by femi4love(m): 10:52pm On Dec 31, 2019
I just hope this blame game will not continue into year 2020.
Re: Lai Muhammed: Buhari Alone Can’t Be Blamed For Nigeria’s Debt by maxzzo1(m): 10:55pm On Dec 31, 2019
See idiot
Re: Lai Muhammed: Buhari Alone Can’t Be Blamed For Nigeria’s Debt by erico2k2(m): 11:05pm On Dec 31, 2019
rusher14:


Why should I?

Debt is debt.

You did not go into a frenzy over a 63 billion dollar debt so why should I over 23 billion?

If you want to wail you know what exactly you should wail over.

2020 is here don't be a hypocrite going into it.

DOmestic debt is different frm External Debt and 4 ur Info I dont wail, no need to nothing in 9ja affects me!

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