₦airaland Forum

Babangidapikin:
Those are the reality of the time, I have seen A.I bring out codes that would take months in less than 30 minutes...

Numerouno94:
Kasongo

That hippo can go for a million naira plus in the market. Instead killing and eating, it's better I sell and make a fortune. Man shall not live by meat alone.

malali:
What President Bola Ahmed Tinubu’s administration calls “economic reform” is, in truth, a grand pyramid of debt, mortgaging Nigeria’s future to fund present-day consumption. The numbers are staggering, but more troubling is their trajectory: ₦12.6 trillion in debt under Jonathan, now spiraling toward ₦200 trillion under Tinubu.

And still, no dams, no ports, no bullet trains, no mega factories.

Nigeria’s debt today isn’t buying wealth-generating infrastructure. Instead, it’s being channeled into:
• Subsidy offsets for petrol and food
• FX buffer injections to artificially hold the naira
• Civil service overhead
• Palliative funds with no long-term multiplier

From Republic to Debt Colony

While countries like Rwanda and Vietnam borrow to build, Nigeria borrows to breathe. Without clear repayment strategies or ROI-linked targets, this is not nation-building. It’s nation-leasing. Every Eurobond, every IMF draw, every China Exim agreement becomes a silent lien on:
• Future tax revenue,
• Future natural resource flows,
• And your children’s freedom to make fiscal decisions.

With over 60% of all national revenue now devoted to debt service, the budget for development has vanished. Hospitals are still underfunded. Schools still use chalkboards from 1994. The national grid still flickers like a dying candle.

Austerity by Proxy

The worst part? This debt does not lead to growth, but it imposes austerity:
• SMEs can’t borrow; banks prefer lending to government.
• Importers can’t hedge; the naira’s volatility kills inventory turnover.
• Investors won’t commit; they fear a forced debt restructuring like Ghana.

Ordinary Nigerians, meanwhile, are taxed like they live in Monaco but served like they live in Mogadishu.

A Social Explosion Waiting to Happen

History teaches us that countries with unsustainable debt + currency devaluation + youth unemployment are ticking time bombs.
Tunisia in 2011.
Greece in 2009.
Argentina perennially.
Nigeria is entering that fiscal Bermuda Triangle, with oil theft, food inflation, and zero savings buffers making the spiral irreversible unless checked.

The Ask

What the ADC is demanding isn’t revolutionary. It’s elementary due diligence:
• Disclose loan terms.
• Link each loan to a cash-generating outcome.
• Cap total external debt-to-GDP at 30%.
• Pause borrowing for at least 12 months.

Because without transparency, accountability, and productive use of capital, Nigeria isn’t just borrowing money. It’s borrowing time.

Shawarmagirl:
Informative. But i do see some people making calls onboard a plane.

Tupacx:
Go and rest, school no be scam. You don't understand the post.

He is wiser than Obi.

He is an Hausa man and he is pointing out that what Atiku and Tambuwal did is open backstabbing to Wike. What that implies is... the same people are in ADC and they would do the same to Obi.

givedemwotowoto:
The One Term President (OTP) will use anything and everything for propaganda. People want to see results in their daily lives jare, not all these media cho cho cho.

The level of corruption going on within this government while Nigerians face the most extreme hardships and insecurity from the most heartless and ruthless set of politicians is incredible.

I'm looking forward to a Peter Obi Presidency where Nigerians and journalists can do a lot of whistleblowing without fear of being victimized, and President will take action and not hide from the press.

Gbogbowa:
let them read and comment, whatever you read will stand for or against you in the last day

Emnyte:
Don't stress yourself bro 😁 we don shout tire for over 15 years now. Just don't stress yourself

Emnyte:
It's like you are new to nairaland. It's been like this since nairaland started

Amotolongbo:
Ride from Nigeria to US? 🧐

How does he want to cross the North Atlantic Ocean?

Werey wan use style japa.
Baba Trump go bounce you japada.

Na here the matter tie wrapper oo





Not enough content, as we all don turn content creators. Is this really an innovation or a retrogression

KingOfPeaceJoy:
Yes o.
Dis thing dey pain.
Tinubu think he is only one has the monopoly of rudeness and so one.

Seun O. think he is wise.

How many characters are missing now?

XtraFortunes:


Which David mark? Formal senate president? Dead on arrival

If Atiku can forget his ambition and back Obi 2027 Tinubu will flee Nigeria after the election through the border like he always does