wizelink:
But your oga who don thief foreign money in the form loan with[b] the so acclaimed recovered loots has built heaven in Nigeria[/b]. They are not yet through with their blame game since 2015 even when some of the APC stakeholders admitting the judged jonathan wrongly on live tv.

How Jonathan, Okonjo-Iweala illegally diverted N61.4 billion Abacha loot to NSA, Sambo Dasuki

The immediate past Minister of Finance, Ngozi Okonjo-Iweala, illegally approved the transfer of at least N61.4 billion ($300 million and £5.5 million) from funds recovered from late dictator, Sani Abacha, to the Office of the National Security Adviser, Sambo Dasuki, few weeks to the 2015 presidential election, PREMIUM TIMES can authoritatively report today.

The former Minister signed off on the transfer but then closed her eyes to how the funds were spent, requesting then President Goodluck Jonathan to directly demand accountability from Mr. Dasuki, according to documents seen by this newspaper.

The funds were never appropriated before they were transferred, a clear violation of Nigeria’s fiscal responsibility law.

Mr. Dasuki, alongside the former governor of Sokoto State, Attahiru Bafarawa, and founder of DAAR communications, owners of Africa Independent Television and Raypower radio network, Raymond Dokpesi, are being investigated for their roles in the disbursement of $2.1 billion and N643 billion meant for the procurement of arms to fight the raging insurgency in Nigeria’s north east region.

https://www.premiumtimesng.com/news/headlines/194870-how-jonathan-okonjo-iweala-illegally-diverted-n61-4-billion-abacha-loot-to-nsa-sambo-dasuki.html

adenigga:

Source: https://dailypost.ng/Buhari-asks-G20-to-cancel-Nigerias-debt-after-fresh-$4bn-€710m-loan-request

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

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

leanpad001:
Really I think silence is the key to this slowpoke called NGpatriots post, we’re talking about current situation that wouldn’t completely sink the already sinking Nigeria economy and all you keep bringing up is shit from the past that doesn’t fucking count anymore. You’re among the few gullible ones from all of your retarded post flooding almost every thread about the current mismanagement of Nigeria which everybody with brains know it’s getting worse. You’re not patriotic the way I think your name says, I think you’re just fighting for more crumbs from whoever is paying you. It’s not about blaming anybody now, this is the real hustle and we all see inflation at the maximum peak Nigeria has ever been. If you for nothing meaningful to spill then SHUT THE Bleep UP*****

Nigeria exported agro-food items worth N165.27 billion in the second quarter of 2021, representing a 112% increase compared to N78.03 billion recorded in the corresponding period of 2020. This is also the highest on record, according to data tracked from the National Bureau of Statistics (NBS).

The recent value also represents a 30% increase when compared to N127.18 billion worth of export recorded in the previous quarter (Q1 2021). Recall that Nairametrics had reported that Nigeria’s foreign trade increased by 89% year-on-year to N12.03 trillion in Q2 2021.


Cocoa – N63.18 billion
Cashew nuts – N42.94 billion
Sesamum seeds – N21.64 billion
Coconut – N13.02 billion
Ginger – N3.75 billion
Frozen sea foods – N3.46 billion
Brasil nuts in shell – N3.28 billion
Natural cocoa butter – N2.44 billion
Sesame oil and its fraction – N1.29 billion
Palm nuts and kernels – N1.08 billion



The growth in agric export means an increase in foreign earnings, which would help boost the country’s foreign reserve as well as relieve the pressure on the exchange rate. However, the continuous negative trade balance, indicates more pressure as Nigerians will continue to search for scarce forex in order to import items that would have been produced locally.


https://nairametrics.com/2021/09/23/nigerias-agric-export-surges-to-highest-on-record-here-are-the-top-items/

pacespot:


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.

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.

omoadeleye:



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

Sanchez01:
The foolishness of this man and his cronies who put him up to this is legendary! You go about borrowing monies you know you can't pay back, misappropriate such funds on senseless projects and a decent amount of it on non-economic projects such as connecting Niger to Nigeria and then you tell your debtors to outrightly cancel your debts because of COVID-19!!

Your government begged for ventilators, Nigeria has been one of the least COVID-19 impacted countries in the world, death-wise, but this mumu is capitalising on that to have his reckless debts cancelled in order to beg for more.

You are a sovereign nation when you want to kill your citizens, ban Twitter and kill fintechs and the dreams of young Nigerians, but you are a baby before the world when begging for loans. This one's bambiala is not with a bowl and a staff but with an unbelievable amount of entitlement. Disaster jam agbako

NGpatriot:




This is what your looting and stealing PDP uncles did with Abacha loot...


The joke is always on your Taliban BiafraNIST Jihadist..

Crossroad1:
This dunce wants to be like obj..

caye:


Except by divine intervention, very soon the class of Nigerians speaking , nay, blowing, impeccable English grammar, would be astonishingly very poor.

ajl:


What are you saying. OBJ paid about $18 Billion to cancel Nigeria's debt.

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!

For those quoting me.....
My comment is just to denounce the assertions that china will take over the country because of the monies our government keeps borrowing!


@SENIORWRITER

NGpatriot:
^^^^^^^^^^^


Number 1 on that list, Cocoa from the SW.

.....sadly, Ugu leaf from unproductive SE is not on that list.