Angelfrost:


With America owing money as we do, why are they light years ahead of us in development and governance!!!

Officialgarri:


You think the Government is dumb and doesn't have anything to gain when they declared the border be closed?

Government policies are beyond what you read on Nairaland.
Infact, it's a shame that a forum as big as Nairaland doesn't promote intelligent discussions, advantages and disadvantages of various policies.
Rather, it promotes mediocre, ignoramus and "first to comment" people.
No dedicated threads for experts in certain fields, no philosophy, no critical thinking.
I think twitter is better than here

Officialgarri:


You think the Government is dumb and doesn't have anything to gain when they declared the border be closed?

Government policies are beyond what you read on Nairaland.
Infact, it's a shame that a forum as big as Nairaland doesn't promote intelligent discussions, advantages and disadvantages of various policies.
Rather, it promotes mediocre, ignoramus and "first to comment" people.
No dedicated threads for experts in certain fields, no philosophy, no critical thinking.
I think twitter is better than here

voltron14:


Because of people like you who don't understand the fundamentals.

Gnaeusmagnus:


Six billion may seem like a lot, but at the end of the day, our budget is about 11 trillion, when it should be something like 100 trillion if not more.

Nigeria's main source of income is oil Since 2014, oil has been selling at least 50-90 dollars per barell below the price we need it to make a profit. And as a result, we have had to take loans to keep the heads above water. And the loan taking won't stop until we have oil at $140 per barrel and above (which is where we need it to be).

And the loans past and present have to be paid. Note that Bubu is not only paying for loans he took , he is also paying back loans taken before he came into office.....

So a large chunk of that 6billion goes into paying loans.

When I tell people I don't vote for APC or PDP...they laff at me, and even accuse me of lying. Well, the solution to Nigeria's financial problem is to become an industrial nation which exports industrial products. And APC has no policy in that regard. Na to share oil money they do. Sadly PDP is like them in that regard.

Officialgarri:


You think the Government is dumb and doesn't have anything to gain when they declared the border be closed?

Government policies are beyond what you read on Nairaland.
Infact, it's a shame that a forum as big as Nairaland doesn't promote intelligent discussions, advantages and disadvantages of various policies.
Rather, it promotes mediocre, ignoramus and "first to comment" people.
No dedicated threads for experts in certain fields, no philosophy, no critical thinking.
I think twitter is better than here

ManirBK:
6,000,000,000 x 366 =
2,196,000,000,000. Hope the
borders remain closed for a year.

Angelfrost:


Shouldn't blame Mr. Seun.... He is all about profits!!! If the major visitors to his forum are bereft of needed mental space for such topics and discussions, it would be financially suicidal to major on them.

Create such threads, push them to FP, and see how few the pages will run with viewers with even fewer contributors... This is the exact opposite of threads on celebrities, IPOB, etc...

voltron14:


Because of people like you who don't understand the fundamentals.

Angelfrost:


We both know the answer to that question... No need for jibes and beating about the bush.

We can't excuse leadership incompetence forever... Using the minor inadequacies of older countries to mask or excuse our failures won't take us a step closer to progress.

ManirBK:
6,000,000,000 x 366 =
2,196,000,000,000. Hope the
borders remain closed for a year.

peeddy:
Who else is feeling that the amount mentioned is audio? If it's true as they are claiming it means with this and other revenue generating sectors of the economy should be enough to finance our budget and have more than enough to save and borrow other nations in need rather than constantly seeking for Chinese loan

ManirBK:
6,000,000,000 x 366 =
2,196,000,000,000. Hope the
borders remain closed for a year.

peeddy:
Who else is feeling that the amount mentioned is audio? If it's true as they are claiming it means with this and other revenue generating sectors of the economy should be enough to finance our budget and have more than enough to save and borrow other nations in need rather than constantly seeking for Chinese loan

Pheelz2020:

ABEG, WRITE AM IN WORDS PLS

Monaco2:



Don’t mind dem, Dey are mad. If Dey are making 5 billion everyday dat amounts to over 400 million US dollars which also amounts to billions of dollars since the border was closed since last year, these people think we are clueless

Fuckgovt:
abeg o make buhari no go borrow Corona virus join the loan oh!

wwwihy:

The money goes into Federation Account to be shared among the three tiers of the three tiers of government:
Federal government
State government
Local government

ManirBK:
6,000,000,000 x 366 =
2,196,000,000,000 (N2.1TR) Hope the
borders remain closed for a year.

voltron14:


How can all the problems of a country of 180 million be caused by less than 2 thousand people?

Are they also responsible for the GDP Per Capita being less than 2000 dollars?

Face it, We are still quite primitive people.

We believe in Superstition above science.

We peddle rumours rather than face facts.

We are largely dubious and this isn't the exclusive of the elite.

We are largely unproductive and as a result we are 100 of years behind on the developmental ladder.