iCauseTrouble:
But mumus still voted for APC.

No mind dem. Wit all d complains in d country, I no expect APC to get 100k votes nationwide.

And some person's here will be saying APC member will heal Nigeria from these problems.

Dey play!!!

SMARTMOTORS:
We only fear Debts because our leaders are extremely Corrupt!... No country on earth doesn't have Debts.. infact USA and so many European countries has bigger debts than us...no competent government fear Debts!.

You want to compete with USA and European countries on debt but you don't want to compete with them on good standard of living.

keep justifying the absurd. Reality will dawn on you sooner than later the negative effects of indebtedness.

How this take concern common man like me ?

If only you are literate enough to read and understand... You will see where I mentioned the negative effect of our debts and why we fear it...now I know why your leaders are corrupt, because the youths that are suppose to stand up are too myopic and uninformed!

Iykopee:



You want to compete with USA and European countries on debt but you don't want to compete with them on good standard of living.

keep justifying the absurd. Reality will dawn on you sooner than later the negative effects of indebtedness.

Rufai Oseni is Labour Party card carrying member

Wehdone, sir.To everything done on earth is a reward waiting afterward.

Dammmmmmmmnnnn it!

The lifeless looter and cohorts are all shades EVIL!
They've looted the Nig blind!

SMARTMOTORS:
If only you are literate enough to read and understand... You will see where I mentioned the negative effect of our debts and why we fear it...now I know why your leaders are corrupt, because the youths that are suppose to stand up are too myopic and uninformed!

I'm not literate enough simply because it is healthy to pile up debts even if our leaders aren't corrupt.

Obviously, a vast majority of Nigerians aren't thinking straight up.

U will not see all those APC ass lickers here. They will avoid these thread like covid

I remember the days when Nigerias debt was 30 billion Dollars and people were shouting

Those people are going to need loudspeakers now

SMARTMOTORS:
We only fear Debts because our leaders are extremely Corrupt!... No country on earth doesn't have Debts.. infact USA and so many European countries has bigger debts than us...no competent government fear Debts!.

Economist, what is the essence of taking a loan you can’t service. Did you go to even secondary school, because you sound so dumb.

sojayy:
What are these money used for?

I think you already know the answer to that question

My visa is almost ready I won't say more than that...

Some people are useless. On this topic u won't see those talking bad about Peter obi. Hope the know they are "owing" 200k+ each from the Nigeria gbese?

Judging from the recent elections results emanating from all the six geopolitical zones of the country and assuming it's the true will of those that voted, there's nothing to convince me in the near future that Nigeria is worth dying for. I assumed we voted according to our regional sentiments and to some extent religion and nothing to do with parties or so called development. From all indication, it seemed the voters are satisfied with the way things are going assuming the aforementioned factors are absent.

SMARTMOTORS:
We only fear Debts because our leaders are extremely Corrupt!... No country on earth doesn't have Debts.. infact USA and so many European countries has bigger debts than us...no competent government fear Debts!.

All because you wanted to defend apc see how you've shown us the degree of your stupidity...read your comment again. Fool.

Growsss3:
This is serious


invest in charcoal business production and nationwide distribution, 35% return on investment per trip

Minimum investment is 1million naira for a full load of 911 truck goods

And 2.3 million for a full load of container truck

2-4 trip per month

Pls check my profile for contact details

And you just registered your account yesterday?

If Nigeria considered her economy a priority, there was only one choice at the ballots.

the country is on life support

Oga Yakubu went to unplug the ventilator Nigeria was on in other to recharge his [/s]bank account[s] fone

Ransomware:
I don't have a problem with debt, what I have a problem is this, with all the debt, are Nigerian's lives better than before? if not, where did all the money go? what was it used to do? If there are projects that were done with this money and did not make Nigerians better, what kind of feasibility study was done before it started?
what kind of white elephant project did this money go into?


But hey sprinkle a little tribalism and religious and the same people complaining now will come out and ask " Is he the first person to do it"
that is why Nigeria is going nowhere.

BMCs will soon show you second Niger bridge, infinity story buildings and bandits infested rotten railway lines.

Buhari's APC vs Tinubu's APC loading ...

The strategy is to create a clean slate for the shaky shaky mandate man.

KanwuliaExtra:
FROM $18 BILLION TO OVER $103 BILLION 22 years ago. . . .THE HIGHEST IN NIGERIA'S 62 YEAR HISTORY

Oner 5 Trillion. . . .




https://www.youtube.com/watch?v=e2KJ6jB3EFk

Actually from $62billion, not $18.

iCauseTrouble:
But mumus still voted for APC.

nobody voted for dem bro,only mumus did ..na select dem select give us ......people wey no go die well

Ransomware:
I don't have a problem with debt, what I have a problem is this, with all the debt, are Nigerian's lives better than before? if not, where did all the money go? what was it used to do? If there are projects that were done with this money and did not make Nigerians better, what kind of feasibility study was done before it started?
what kind of white elephant project did this money go into?


But hey sprinkle a little tribalism and religious and the same people complaining now will come out and ask " Is he the first person to do it"
that is why Nigeria is going nowhere.

The debt was used(AKA looted) like oyel money.

OBJ met $30bln debt, paid $18bln and got $12bln forgiven and written off. That was one of OBJ's lasting legacies of prudent financial and fiscal management despite oil selling for less than $50/barrel for most of his tenure.

PMB went on an infrastructure spending spree despite low oil revenue earnings thereby accumulating over $100bln debt. Not a lot of critical thinking or financial intelligence and management by this regime.

BAT I believe will work with professionals, seasoned financial, fiscal and monetary experts to turn things around. First off, oil and gas prices are relatively high and will favour him in the short term. All he needs do is to ensure there is security to allow maximum production. Next is to remove fuel and power subsidies to plug a N6-8trn hole. Next is to plug revenue leakages and further raise revenues through well thought out policies and visionary thinking. He has done this before so I know he can do it again. Once these are in place, our revenues will be tripled within his first 4 years and our debt servicing will be less burdensome. He then needs to restructure our loans into longer term, less interest yielding ones. We don't need to pay them off in a hurry as we need the funds for massive development and turn around of our economy. Best luck to him and his team!

Iykopee:


I'm not literate enough simply because it is healthy to pile up debts even if our leaders aren't corrupt.

Obviously, a vast majority of Nigerians aren't thinking straight up.

oga loans are not bad..it's what you use it for that matters...your leaders borrow loans to feed their stomachs and service their Private jets... a government having is not bad, even China that we borrow from has bigger debts than us but their economy is doing well..

Buhari borrowed 22 trillion from cbn. No one knows wat he did with it

Buhari borrowed $18 billion in dollar, euro bond, chinese loan, world bank etc. No one knows wat he did with it

Buhari borrowed 44 trillion from debt mkt via govt bonds and treasury bills. No one knows wat he did with it

emmybobo1:

Economist, what is the essence of taking a loan you can’t service. Did you go to even secondary school, because you sound so dumb.

Mister! There are some loan that can't even be serviced by a government till the end of there administration....but using the loans to build tangible things to boost the economy that will generate revenue to service the debt years later is what every government does! Both USA, China, Russia even Britain all borrow loans...but because there leaders are not corrupt they pump the loans into key areas of their economy and they will be able to service the loan and have a stable economy!