What did we borrow the money for?

keep commenting n Nairaland and Praying to God instead of collecting your own share and arranging an escape plan.. . we are dooooOOOOMED

Na to learn Chinese remain

Nbotee:
China go soon com colonize us again

N155,000 per Nigerian at the population of 2 million.

Baba is working..nigerians go get sense by force

decatalyst:
I beg, can I sell my citizenship?


I dey fear say the countries we dey owe go soon purchase us in full and get their receipt.

You don't need to,
A large percentage of the debts are on contract bases, you execute our project we pay you your money..how Chinese fund the projects is none of our business,our own is for them to execute and complete the projects, so no shady deals.
It's a legacy that buhari has put whoever succeeds him to continue.
No room for embezzlement from PDP or APC.
Surely, the Chinese will fund and complete the projects on their own, whoever is in power will pay.
Most people don't understand this.
buhari has his bad sides too, but I still see as the best.

Goahead:
Divide that by 200 million people: Not alot.


We only have to pay 155, 000 each!

I am not paying a single Kobo! how can I pay for something I never enjoyed.


Besides, we ain't up to 200milloon in this country, that's bogus data

.



Ko ma pe ra ra!! .. Tho Canada debt is around CAD$768 billion.

Its literary everywhere, tho they actually utilized it

decatalyst:
I beg, can I sell my citizenship?


I dey fear say the countries we dey owe go soon purchase us in full and get their receipt.

to who? Do not even bother buhari has already use it as collateral to borrowed money from China which all of us known Nigeria no go fit pay back, so do not worry China will soon come and claims it when the time reach

Imagine this kind of sad news and some dolts would still come and show support for this old foolish and clueless man publicly...ain’t y’all tired of that crap

dokie:
We are gradually getting there.

The moment our income can no longer service our debts, the foreclosure starts and the country eventually winds up, just like a typical business.

When the country is fully grounded, we will now forcefully discuss our structural problem. Only then will we have a new emergence.

Quite unfortunately, many will not make it through. But those who eventually do will build the new nations that will emerge from Nigeria.



Very simply: The money we generate as a nation can no longer meet our needs, so we have to borrow.




Nobody borrows money for the fun of it.

Money no dey again. Our cash cow (oil) can no longer generate enough money to meet our genuine needs and our corruption.

Basic problem is, it is time Nigeria has a side hustle

And Bubu still have more than 2yrs to borrow

.

Let us borrow more ..

Golan007:


But you are the real zombie.

Your governor would continue to use your head.

Your relatives would never get their salaries and even your pension would never be paid.

That's not the topic dummy, speak of the dept bubu put on ur children and grandchildren idiot

Wait oo....why can't CBN print more money dat can cover up all our debt



This debt level just dy rise like ijebu garri !!!

Mr. Lifeless should make it up to a round figure by borrowing N9trn more.

We told Them

What is really happening. Failing to value our human resource is the bane of our problems

decatalyst:
I beg, can I sell my citizenship?


I dey fear say the countries we dey owe go soon purchase us in full and get their receipt.

Now that I think about it, isn't that better?

Have we been able to manage ourselves well so far?

decatalyst:
I beg, can I sell my citizenship?


I dey fear say the countries we dey owe go soon purchase us in full and get their receipt.

Nigerian citizenship? Good luck finding a buyer.

Buhari's incompetence is shuddering, when I was an npower beneficiary my judgement used to be clouded by mere sentiments and partisanship but now I can see crystal clear to speak of the ineptitude of PMB's government in virtually all sectors. Shame!

How much cun b Nigeria my country

Goahead:
Divide that by 200 million people: Not alot.


We only have to pay 155, 000 each!

Childish comment. Do you think more than 30% have spare liquid 155k cash. Use your head

Ishilove:
What did we borrow the money for?

A large percentage of the debts are on contract bases, you execute our project we pay you your money..how Chinese fund the projects is none of our business,our own is for them to execute and complete the projects, so no shady deals.
It's a legacy that buhari has put whoever succeeds him to continue.
No room for embezzlement from PDP or APC.
Surely, the Chinese will fund and complete the projects on their own, whoever is in power will pay.
Most people don't understand this.
buhari has his bad sides too, but I still see as the best.

azmanaty02:
Bubu is a curse

The fool added almost 2.4trillion in just 3months to d debt profile..

He will not escape that 600years suffering, if he does, his children and those who voted him won't

What will happen to those who voted pdp for 16years and still want. Them back?, your curse will be their portion multiplied by the 16years of pdp rule.. 600years for each year..

Ustec:

A large percentage of the debts are on contract bases, you execute our project we pay you your money..how Chinese fund the projects is none of our business,our own is for them to execute and complete the projects, so no shady deals.
It's a legacy that buhari has put whoever succeeds him to continue.
No room for embezzlement from PDP or APC.
Surely, the Chinese will fund and complete the projects on their own, whoever is in power will pay.
Most people don't understand this.
buhari has his bad sides too, but I still see as the best.

So, if i am to get you correctly, a large percentage of this humongous debt is for payment of executed projects?

Akalia:
Buhari's incompetence is shuddering, when I was an npower beneficiary my judgement used to be clouded by mere sentiments and partisanship but now I can see crystal clear to speak of the ineptitude of PMB's government in virtually all sectors. Shame!

We're glad you've finally seen the light

Either four things are needed to reset Nigeria to default though it might have attendant consequences:

1. Bring back the military
2. Go back to 1960 ASAP
3. Exile perpetually all politicians from 1999-2020
4. Revolution.

Add yours...

God bless Nigeria.

Last last... na there was a country.

Ustec:

A large percentage of the debts are on contract bases, you execute our project we pay you your money..how Chinese fund the projects is none of our business,our own is for them to execute and complete the projects, so no shady deals.
It's a legacy that buhari has put whoever succeeds him to continue.
No room for embezzlement from PDP or APC.
Surely, the Chinese will fund and complete the projects on their own, whoever is in power will pay.
Most people don't understand this.
buhari has his bad sides too, but I still see as the best.

Did you follow up on what atiu
Ku said. You don't take loans for infrastructural. Developments but loans should be channelled to direct income generation projects



START TAKING UP CHINESE CLASSES