dokie:
That is a whooping us$81b at an exchange rate of N380. 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. And the corruption is only going to get worse. When plenty people dey chop from one plate, na when food wan finish na im dem dey rush am pass.

Nigeria is about to be shreded to pieces by those in the corridors of power.

Save your curses bro. So far Nigerians are the ones dying, while Buhari and his family members are busy having a ball.

Kwanza:


https://www.google.com/amp/s/punchng.com/breaking-nigerias-debt-rises-by-n2-3trn-hits-n31tn-dmo/%3famp=1

shegzhkn:
Our Darling daddy has done it again & will continue to do more in the coming months ahead.

We the sane Nigerians adore you for this landmark achievement, Thank you.

signed:

Chairman, Presidential task force on Misinformation, hoax and propaganda, Nairaland Annex.

alvincruse:

You won't see the dead meat seller on threads like this

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


We only have to pay 155, 000 each!

sidonlook:
You need not insult the president, he could be doing his best which may not be good enough.
However, Buhari is not alone in this. Is your state governor doing well ? Is your local government doing well ? Or is Buhari packing the monies to his village or developing his businesses for his children to inherit?

I think we should start thinking how to replace these bunch of leaders come 2023 which comes sooner than we think.
Let us think for once .

If they had stopped sharing revenue from excess crude account as former president Jonathan proposed, by now we wouldn't be borrowing all this monies today. And the monies are looted., hence Nigeria is getting worse. The more we take loans the worse we become.

It is high time we say no to any other loan.

It is high time we stopped sharing excess crude account.

Racoon:
"Nigeria must continue to borrow"- Usman Finance minister.When it's said that this government is a disaster, zombies call people wailers.Enjoy! Generations will be locked paying this debts.

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


We only have to pay 155, 000 each!

Kwanza:


https://www.google.com/amp/s/punchng.com/breaking-nigerias-debt-rises-by-n2-3trn-hits-n31tn-dmo/%3famp=1

Kingbuhari:
I don't know why histories keep repeating itself in Nigeria, or does it mean we the voters are brain Dead, Buhari was around 33 yrs when he couldn't move an Economy despite naira and dollars are equals... Last year i came back to Nigeria, I decided to visit grandpa as Keke dropped me off the first thing the man asked me, Nwokem where is your car , because he knw I hardly visit with public transport, I replied him, grandpa I parked it home to save cost , he shake his head and started laughing, I asked him what's so amusing about it, he told me this is what my father told him in 1983 when Buhari was in power, as it stands now wiseness of the Yorubas is now stupidness of the Igbos... Igbos didn't vote for Buhari not because they hate him but because it will never provide enabling environment for them to prosper... We haven't seen the worst yet, embrace yourselves people because nah unah Bank account they go target for another free money when countries and forign agencies stop borrowing them money

Nbotee:
China go soon com colonize us again... Som Tin Wong with dis govt

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


We only have to pay 155, 000 each!

Tedpgrass:


"you forgot 50 million are cows "

.

azmanaty02:


Common shut up that smelly gutter u call mouth as u have absolute nothing to say.

Trentee:

It’s unfortunate that Buhari has borrowed your future. Sai Babarian, in 5 years buhari borrowed more than PDP did in 16 years, yet you and your family are still wallowing in poverty

pquaver:
. 10 of my smelly ashaw.o mother remain negligible in the scheme of things... She's a clown and beneath me.. my father is also a Hungry dog..

azmanaty02:


Good for ur parents

pquaver:
.. Good for your father.. I heard your das is called Jack and died during operation python dance... Son of jack

Slurity:

As of August 31, 2020 federal debt held by the public was $20.83 trillion and intragovernmental holdings were $5.88 trillion, for a total national debt of $26.70 trillion.[5][6] At the end of 2019, debt held by the public was approximately 79.2% of GDP,[7][8] and approximately 37% of the debt held by the public was owned by foreigners.[9]. All all countries in the world are on debt and Nigeria is even less compared to some country in terms of population