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FG Owes 79% Of N20tr Domestic Debts, As Lagos Leads States - Politics (3) - Nairaland

Nairaland Forum / Nairaland / General / Politics / FG Owes 79% Of N20tr Domestic Debts, As Lagos Leads States (11782 Views)

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Re: FG Owes 79% Of N20tr Domestic Debts, As Lagos Leads States by PHijo(m): 3:27am On Jan 06, 2021
Prior to 2015 debt list was an exclusive APC thing. Wike, Okowa and Udom have finally made the PDP to be actively involved in the debt charade.

The irony is, just like Buhari, none of them will use it for anything tangible.

Mortgage the future of Nigeria's youths but they are all busy doing Shaggi happyday challenge, listening to Burnaboy's twice as tall when they are twice as short!

Nigeria is in this mess because people feel indifferent! Indifferent to their plight and that of others.
Re: FG Owes 79% Of N20tr Domestic Debts, As Lagos Leads States by Mjpem23(m): 5:06am On Jan 06, 2021
You’re a fool as you don’t mention Security as an achievement for Buhari
Re: FG Owes 79% Of N20tr Domestic Debts, As Lagos Leads States by BobbyZrealist(m): 6:55am On Jan 06, 2021
Rewew:
President Mohammed Buhari is working hard despite the hard economy he is only Borrowing such monies to build infrastructure . Without INFRASTRUCTURE you can't have a good economy , the good thing about this administration is that the infrastructure is visible . It's only Igbos who are criminals that will never say Good things about this present administration . President Mohammed Buhari may God bless you.
The questions you should ask before Criticizing buhari is
1. how much was crude oil when Jonathan was president
2. why is it wailers can't ask obasanjo to submit himself for probing for spending 16 billion naira on power
3. with the bad and hard economy how was buhari able to sustain development programs like NPOWER

How does this long epistle of yours relate to the topic?
You are just jumping from one topic to another..
Are u sure u are OK?

1 Like

Re: FG Owes 79% Of N20tr Domestic Debts, As Lagos Leads States by Kinematics: 7:57am On Jan 06, 2021
SmartPolician:

[s]Bayelsa is a big disgrace.
.
The state proves that judicious management of resources is as important as having the resources.

A state of nine LGAs that can't pay salaries, enjoys all the extra money that goes to Niger Delta states, relatively new state, and still one of the biggest debtors.[/s]


Na Bayelsa be your problem... mumu
Re: FG Owes 79% Of N20tr Domestic Debts, As Lagos Leads States by Buccalcavity2: 7:59am On Jan 06, 2021
'Experts had cautioned the FG and states on dwelling much on debts especially on subscribing to commercial loans of foreign entities like the Eurobond, a facility meant for member countries in Europe, but given on commercial basis to non members to generate more interest'
The above excerpt from the write up shows how ignorant the writer is. Only dundees will celebrate the content: cant even define eurobond.
Anyway my concern is revenue generation to cover repayment. The loan volume is neither here or there.
Re: FG Owes 79% Of N20tr Domestic Debts, As Lagos Leads States by jcross19: 9:05am On Jan 06, 2021
Rewew:
President Mohammed Buhari is working hard despite the hard economy he is only Borrowing such monies to build infrastructure . Without INFRASTRUCTURE you can't have a good economy , the good thing about this administration is that the infrastructure is visible . It's only Igbos who are criminals that will never say Good things about this present administration . President Mohammed Buhari may God bless you.
The questions you should ask before Criticizing buhari is
1. how much was crude oil when Jonathan was president
2. why is it wailers can't ask obasanjo to submit himself for probing for spending 16 billion naira on power
3. with the bad and hard economy how was buhari able to sustain development programs like NPOWER
30k is working .. You have family like mother , father and sibling who are part of the system suffering from buhari epileptical economy plans... You have sold your conscience for 30k

2 Likes

Re: FG Owes 79% Of N20tr Domestic Debts, As Lagos Leads States by PHijo(m): 9:37am On Jan 06, 2021
SmartPolician:
Bayelsa is a big disgrace.
.
The state proves that judicious management of resources is as important as having the resources.

A state of nine LGAs that can't pay salaries, enjoys all the extra money that goes to Niger Delta states, relatively new state, and still one of the biggest debtors.

Bayelsa has an airport, two state universities to count on and an independent power plant.
What do other states have to count on?

That is not to say the money couldn't have been put to better use.

The disgrace for me, is my home state Rivers, Delta and to some extent Lagos.
Re: FG Owes 79% Of N20tr Domestic Debts, As Lagos Leads States by Bennysam: 11:47am On Jan 06, 2021
This debts Lagos state government is owning what do they use that money for? No road , no light , no government infrastructure, nothing to show for this money they borrowed

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