PrinceOfLagos:
Onigbese, go and pay your loan

You're begging they should cancel your debt, yet asking them to approve another $4billion fresh loan , and somebody will tell me that Mr president is not mad.

LMAO.... My dear I don't know what to call this kind person ooooo... You are praying that your sins should be forgiven and you are still asking for grace to sin the more...

We don spend our money finish untop ramsoms to bandits and repentant Boko boys. How can we ever develop with this level of budgetary diversion? Imagine what the funds spent on combating Boko Haram, bandits and unknown gunmen would have done for us development wise?

Saao:
Borrowing without having intention to pay

... The typical Hausa-Fulani mentality!

Good

Seniorwriter:
Very much as expected... The same past procedure!
Go about to source and borrowing then turn around to beg for suspension of debt or outright pardons not to pay....SMH

Stop spewing trash.....it's not possible though the borrowing is outrageous and uncalled for! Howbeit many of your likes keeps saying these trash out of ignorance....how much is the debt? Just imagine 100million Nigerians out of our ever increasing human resourcefulness that get VAT deductions of say $1 weekly for the next 10years...do the math the monies borrowed will be history but we have a very anyhow and dull leadership + politicians in helms of affairs!

@SENIORWRITER

Oga, I think less than 20m Nigerians are taxable or rather productive enough to be properly taxed.

Badest baba

The developed countries financial institutions that has been giving the loans should also make demands on Nigeria.

They should call on the federal, state and local government in Nigeria to CUT DOWN ON THE HUGE COST OF GOVERNANCE IN NIGERIA.

What is wrong if the national assembly ( senate and house of representatives ) is run on part time?

What is wrong if the salaries of Legislators in the national level and state level is reduced.

There should be a legislation to reduced the salaries of public officers in Nigeria.

Who want more money and he or she is not interested in serving the FATHERLAND should be advised to go into private business.

There are so many federal institutions that are not adding value to the economy yet the government is running them.

if the federal government does not lead the way in reducing the huge cost of running the country political and economic machineries Nigeria will remain bankrupt.

Gone are the days of easy crude oil money.

Any leader that come to the centre must behave themselves responsibly as far as financial management is concerned.

I recommend ECONOMIST, BANKERS AND LAWYERS BE ALLOWED INTO LEADERSHIP LEVEL BOTH AT THE STATE AND NATIONAL LEVEL.

Kastonkastroll:
My annoyance is that these dumb politicians take these loans in our names. Go and see what Chinese people are doing to zambians because of the monies they borrowed from them. You will pity zambians. Chinese people are now joining Zambia police. Pitiable state I tell you

But despite these massive borrowings by Buhari, Nigeria has one of the lowest external debt to GDP ratio in the world. All of the developed countries in the world have at least over 100% percent of their GDP as the external debts. USA bonds are the biggest, Americans use issuing of bonds to finance their budgets, that is why their current account often shows negative figures. Same with Australia, Canada, New Zealand, UK, France, etc. The problem with Nigeria and other developing countries going on borrowing spree is that, their credit ratings are poor compared to these advanced countries, and they are also lacking in terms of assets and human capital development.

Kastonkastroll:
My annoyance is that these dumb politicians take these loans in our names. Go and see what Chinese people are doing to zambians because of the monies they borrowed from them. You will pity zambians. Chinese people are now joining Zambia police. Pitiable state I tell you

For Nigeria, Chinese go join Hisbah when Nigeria split no be Southern Police! Mtcheeew.

I don't get it pls

PrinceOfLagos:
Onigbese, go and pay your loan

You're begging they should cancel your debt, yet asking them to approve another $4billion fresh loan , and somebody will tell me that Mr president is not mad.

No na format....yahol boys are learning. Just borrow money from your client and on a good day tell am to cancel am. Na better format be this.

Nigeria and its leaders are currently in a state of confusion..

Seniorwriter:
Very much as expected... The same past procedure!
Go about to source and borrowing then turn around to beg for suspension of debt or outright pardons not to pay....SMH

Stop spewing trash.....it's not possible though the borrowing is outrageous and uncalled for! Howbeit many of your likes keeps saying these trash out of ignorance....how much is the debt? Just imagine 100million Nigerians out of our ever increasing human resourcefulness that get VAT deductions of say $1 weekly for the next 10years...do the math the monies borrowed will be history but we have a very anyhow and dull leadership + politicians in helms of affairs!

@SENIORWRITER

My problem it never the rogue, lunatic and irrational comments of urs on national issues which of course from your grammatical structures shows you failed to study but the ironic claim of a seniorwriter.
Bro I dey shame for u

Bubu the Fulani clown doing what he does best..

Seniorwriter:
Very much as expected... The same past procedure!
Go about to source and borrowing then turn around to beg for suspension of debt or outright pardons not to pay....SMH

Stop spewing trash.....it's not possible though the borrowing is outrageous and uncalled for! Howbeit many of your likes keeps saying these trash out of ignorance....how much is the debt? Just imagine 100million Nigerians out of our ever increasing human resourcefulness that get VAT deductions of say $1 weekly for the next 10years...do the math the monies borrowed will be history but we have a very anyhow and dull leadership + politicians in helms of affairs!

@SENIORWRITER

You are not wrong. But you see me ehhnnn, I will never willingly or knowingly contribute a dime let alone a dollar to paying buhari's debt. I that I know

Ffk and Stella Oduah that were on Apc's looter's list and now their members, what has changed?


https://www.google.com/amp/s/punchng.com/breaking-looters-list-fg-releases-23-more-names/%3famp

Kastonkastroll:
Guys do you know that every single Nigerian owes the chinco people nothing less than 4.5million naira. And bubu is still borrowing from chiniese people. Guys, we will just wake up one day and see chiniese people taking over our properties, women, etc just because of the gigantic loans we have gotten from them

bro, even our kids and unborn kids will pay debt according to statistics

you own person you never pay, you come the beg for pardon and you still want to borrow another one. who is advising this man self.

This man well so? It's just like somebody dey owe me I million, come dey tell me say make I forget the money, come still dey ask me for 4million

PrinceOfLagos:
Onigbese, go and pay your loan

You're begging they should cancel your debt, yet asking them to approve another $4billion fresh loan , and somebody will tell me that Mr president is not mad.

Onigbese lol

Seniorwriter:
Very much as expected... The same past procedure!
Go about to source and borrowing then turn around to beg for suspension of debt or outright pardons not to pay....SMH

Stop spewing trash.....it's not possible though the borrowing is outrageous and uncalled for! Howbeit many of your likes keeps saying these trash out of ignorance....how much is the debt? Just imagine 100million Nigerians out of our ever increasing human resourcefulness that get VAT deductions of say $1 weekly for the next 10years...do the math the monies borrowed will be history but we have a very anyhow and dull leadership + politicians in helms of affairs!

@SENIORWRITER

and then when we ask for forgiveness of our debt the world then asks for their own favor and then we stuck in a vicious "slavery" cycle..

What a shame

PrinceOfLagos:
Onigbese, go and pay your loan

You're begging they should cancel your debt, yet asking them to approve another $4billion fresh loan , and somebody will tell me that Mr president is not mad.

Don't you think if he is able to get debt cancelation it will be beneficial to Nigeria/nigerian a great deal?

Typical

fregeneh:


Don't you think if he is able to get debt cancelation it will be beneficial to Nigeria/nigerian a great deal?

It seems you needs help in this form below.....

Kastonkastroll:
Guys do you know that every single Nigerian owes the chinco people nothing less than 4.5million naira. And bubu is still borrowing from chiniese people. Guys, we will just wake up one day and see chiniese people taking over our properties, women, etc just because of the gigantic loans we have gotten from them

Yet they keep saying we have not reached our limit, meaning they can still borrow more.

Chai.

So his intentions are, borrow as much as you want...... Then beg for debt forgiveness...........


And buhari opens his mouth and calls youth lazy and wants them not to engage in yahoo yahoo.........

Which yahoo yahoo, pass debt forgiveness.........

olaric:
Our president is possessed. I thought one his aides Adesina said Buhari will teach the world how to run a COVID economy; yet he wants the same people he wants to teach to cancel Nigeria's debts?

The word is RUIN not run, this government only knows how to ruin things

I tire for that almajiri of a president o. You see that China there! I trust them to oppose it. You can't borrow from me with the hope of not paying back.
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PrinceOfLagos:
Onigbese, go and pay your loan

You're begging they should cancel your debt, yet asking them to approve another $4billion fresh loan , and somebody will tell me that Mr president is not mad.

Mumu talk.... or is he talking to robots or is he thinking they print money with their teeth

Just another dreamer!

This man na certified clown. Other leaders go dey use am dey crack joke.
You borrow money, misuse it, go back to borrow more, misuse it even more, then ask them to cancel the debt. To crown it all, you ask for more money. Dey fool ur ancestors.

PrinceOfLagos:
Onigbese, go and pay your loan

You're begging they should cancel your debt, yet asking them to approve another $4billion fresh loan , and somebody will tell me that Mr president is not mad.

Not bad, it's also among the process of elimination of debt, but, nothing goes for nothing, cause there will be a terms and conditions surrounding the cancellation of the debt