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Laycon's View On Rising Nigeria's Huge Debt - TV/Movies - Nairaland

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Laycon's View On Rising Nigeria's Huge Debt by adetayoonas(m): 8:48am On Sep 08, 2020
Laycon was right. I m a chartered accountant and renowned international economist expert. Nigeria is hugely in debt yet IMF, world bank and developed countries like China, USA, France and Germany keep encouraging us to borrow more thereby devaluing our naira. UK former prime minister David Cameron once told us this in his lecture the last time he came to Nigeria.
We keep owing and they keep lending to us and encourage us to borrow more. He is right. Most of them do insist. Pls go and read our china railway agreement very well. They are using us to strengthen their currency and weaken the naira. Even Okonjo Iweala warned Goodluck but he didn't listen. Same error the present Buhariiiii govt is even doing and borrowing at an high rate. China , Europe and IMF are not fools and father xmas. This is one of the major factor affecting our naira rate. There are also many other factors like our imports is greater than our exports, crash in crude oil world market value, depleting foreign reserves.

Laycon is the most sensible, wise and hustling guy in that bbnaija house.

Above all let us pray for our leaders for wisdom so the future of our upcoming generations won't be mortgaged.

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Re: Laycon's View On Rising Nigeria's Huge Debt by saheedbadmus(m): 8:51am On Sep 08, 2020
I pray say wisdom visit them o

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