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FG, States’ Debt Profile Rise To ₦32.92 Trillion - NBS - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / FG, States’ Debt Profile Rise To ₦32.92 Trillion - NBS (6335 Views)

States Debt May Hit ₦‎1.34 Trillion Over Palliative Loans / Latest States Debt Profile In Nigeria / Debt Profile Of The 36 States As At December 2018 (Pictured) (2) (3) (4)

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Re: FG, States’ Debt Profile Rise To ₦32.92 Trillion - NBS by Prinnce1: 7:00am On Mar 30, 2021
I wish our legislators can amend President's tenure to about 3 terms , this two is too small for Buhari's economic plan to work
Re: FG, States’ Debt Profile Rise To ₦32.92 Trillion - NBS by hush15: 7:03am On Mar 30, 2021
Amotolongbo:



https://leadership.ng/fg-states-debt-profile-rise-to-n32-92trn-nbs/amp/?__twitter_impression=true

Where is BBQ to remind us of PDP 16 years of looting! A record APC is trying to break, cos they aiming for 17yrs of looting...

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Re: FG, States’ Debt Profile Rise To ₦32.92 Trillion - NBS by hush15: 7:05am On Mar 30, 2021
Amotolongbo:



https://leadership.ng/fg-states-debt-profile-rise-to-n32-92trn-nbs/amp/?__twitter_impression=true


Pls someone help me find BBQ to give us his usual rhetorics o. 16yr of PDP whatever while his darling daddy are assiduously trying to break the looting record...
Re: FG, States’ Debt Profile Rise To ₦32.92 Trillion - NBS by slowice(m): 7:23am On Mar 30, 2021
They borrowed and looted it....with little or nothing to show for such massive borrowings. Billions of dollars in the military with no weapon bought, over priced contracts awarded without due process on borrowed funds


And some idiots are already pushing for another calamity in 2023 in the name of politics, party and tribalism.

We all can pretend not to know the truth and continue in the destruction of this nation.... But I assure you that when all is said and done., the southeast like a phoenix will emerge from this Ash to become the greatest nation in africa
Re: FG, States’ Debt Profile Rise To ₦32.92 Trillion - NBS by Newsbreakers: 7:28am On Mar 30, 2021
Anticipate��

Re: FG, States’ Debt Profile Rise To ₦32.92 Trillion - NBS by Rebuke: 7:40am On Mar 30, 2021
Smh. Let those singing Buhari and the entire APC praise continue......

Look at the debt and please ask yhurself if yhu really think there's anything tangible the government has done with all the money.

Alot of people have been rendered jobless, prices of foodstuffs and other things have gone up, poverty has increased still under this government.


Yet, the government keeps borrowing money, what exactly is all the money being used for?
Re: FG, States’ Debt Profile Rise To ₦32.92 Trillion - NBS by Reference(m): 7:51am On Mar 30, 2021
Esseite:
World unemployment capital
World poverty capital
World most out of school children
Third most terrorised Nation
Eight most IDP persons in the world..

Yet debt rose from 9tr in 2015 to 32tr in 2021... What did we really gain?..

Honestly..... just a mess. Sad tale of a wasted decade.
Re: FG, States’ Debt Profile Rise To ₦32.92 Trillion - NBS by yommygift15: 8:05am On Mar 30, 2021
Just 32.92 trillion? thinking it's about 500 trillion naira, the politicians should please try all effort to see the debt rises to peak as fast as possible so God will start the rapture from this great country.
Re: FG, States’ Debt Profile Rise To ₦32.92 Trillion - NBS by Nobody: 8:40am On Mar 30, 2021
Well, of course our debt is high because oil prices have been on a downward trend...

In 2011, oil prices averaged $107.06,
In 2012 oil prices averaged at 109.00
By 2015..oil prices had crashed to 40 dollars per barrel.
By 2018 oil prices were at $69 per barrel
Now, it is at $71 per barrel

Meanwhile, our breakeven price was
$122 in 2012,
$139 in 2017
$133 now.

And one thing that annoys me is that Nigerians, whether pro or anti Buhari, pdp, apc, pro or anti secessionist haven't gotten the message...that we need to develop alternative sources of income....like MANUFACTURING, INDUSTRIALIZATION.

No we all want oil money. We all lust after oil money. No one wants to work for the oil free future.

Time we woke up to the fact that our debt issues are due to reliance on one stream of income, and the idea that we all deserve to be fed by Father Christmas....and got our economy off oil.,,....because oil is a curse.
Re: FG, States’ Debt Profile Rise To ₦32.92 Trillion - NBS by Urban9aira: 9:02am On Mar 30, 2021
leaving Nigeria to Ghana is actually a good choice as things dey go
Re: FG, States’ Debt Profile Rise To ₦32.92 Trillion - NBS by Duplexxx: 9:20am On Mar 30, 2021
Where are all the looted money going into...
Re: FG, States’ Debt Profile Rise To ₦32.92 Trillion - NBS by matm: 9:25am On Mar 30, 2021
God of Abednego!!!
Re: FG, States’ Debt Profile Rise To ₦32.92 Trillion - NBS by AFONJAPIG(m): 10:20am On Mar 30, 2021
BUHARI song praisers where are they
Re: FG, States’ Debt Profile Rise To ₦32.92 Trillion - NBS by gurunlocker: 10:35am On Mar 30, 2021
I don't think anybody can break this administration record!
Re: FG, States’ Debt Profile Rise To ₦32.92 Trillion - NBS by Agbegbaorogboye: 10:40am On Mar 30, 2021
FIRS declares unprecedented revenue
Customs exceeded their target
VAT increased to 7.5%
Postage stamp tax enacted
Utility bills doubled
Fuel price hiked
Data and calls taxed
New offshore law to increase offshore revenue enacted
Yet debt keeps piling up.
Maybe Nigeria should start paying tithe so the devourer can be rebuked for us.
Re: FG, States’ Debt Profile Rise To ₦32.92 Trillion - NBS by VictorUSA(m): 10:42am On Mar 30, 2021
Any uniabuja student on this thread?
Re: FG, States’ Debt Profile Rise To ₦32.92 Trillion - NBS by TruthinAction: 11:33am On Mar 30, 2021
We are rich but yet very poor. Just think of an individual owing about four times his annual salary. I don't think he will sleep. But this government doesn't care. The more we raise alarm, the more they borrow.

If I have the opportunity to be elected, the debt payment will start by liquidating all the assets of these thieves and send them to jail.
Re: FG, States’ Debt Profile Rise To ₦32.92 Trillion - NBS by PROUDIGBO(m): 12:50pm On Mar 30, 2021
Racoon:
Who will pay these debts? My kids? Never!

Not Buhari! He’s off to London to visit the Queen!

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