Politics › Re: Mike Ozekhome Loses Right To Use SAN Title by CaptainFM1: 8:08am On Jun 25 |
Gotocourt: Hand don touch comrade, e remain council for legal education make dem collect their certificate. FG should also revoke his CON national honour. |
Education › Re: Ondo Expels Students, Withholds WASSCE Results Of Students Over Sign-Out Chaos by CaptainFM1: 11:37pm On Jun 24 |
Idaytesj29: You call it Lamba till you need to travel for a scholarship and your foreign school inquire about your behavior and conduct while in sec school. Or they want to appoint you to an important post in future or want to contest an elective post and these records will speak against you But in Nigeria, the rot starts from the top. If drug dealing records cannot speak against the top position of the land, trust me, your sins doesn't matter so long as you belong to the right camp. Is it not a camp that passed a law that forgery is no longer a criterion for election disqualification? Will the same camp not overlook all these misdemeanors from these innocent ones if they belong to their camp? See, what you see these kids doing is a cascading effect of the rots from the top. Nothing changes unless the change starts from the top. Quality and great leaders from all strata of life are no longer available for the kids to emulate and look up to. The likes of Peller and Jarvis are all they have. |
Education › Re: Secondary School Graduations; The Emerging Lost Of Moral Values Among Students by CaptainFM1: 6:14pm On Jun 24 |
It's total societal collapse. Everything starts from the top. The next generation will be worse. It's a cascading effect. |
Celebrities › Re: Angela Okorie Burns Dress She Wore To Alex Ekubo's Burial (Photo) by CaptainFM1: 9:18pm On Jun 22 |
You would think it's only GenZ's that do not have sense. Millennials seem to be worse.
Must she share everything to the world? |
Properties › Re: See What Lagos State Building Agency Did To My House (Photos) by CaptainFM1: 9:09pm On Jun 22 |
Gagame: Good evening everyone,so i can came back from work this evening and i saw this..though not to lie,the people that collected money from me didn’t give me any document to back up the money they collected till date even the soil test people did not give me documents after collecting money from me,they only told me to start work after they closed the place two years ago,now i hear there are new people there..what’s the best step to take pls becuase I don’t have lots of money to throw around.Thank you will be in the comment section Which area is this? |
Politics › Re: Igboho Had No Role In Release Of Kidnapped Victims – Police by CaptainFM1: 6:54pm On Jun 21 |
Shouldn't he replace Abija or Lalude and be acting epic legend movies for us? |
Politics › Re: 2027: Kwankwaso Obtained our Party Forms In Disguise, We will Sue Him - PRP by CaptainFM1: 6:49pm On Jun 21 |
OK dey give everyone tough time. Riggers will always rig themselves to power. |
Family › Re: Twin Brothers Marry Twin Sisters With Matching Names (photos) by CaptainFM1: 7:27pm On Jun 20 |
"Life imitates art...."Oscar Wilde |
Health › Re: Your Morning Urine May Be Telling You More About Your Health by CaptainFM1: 6:57pm On Jun 20 |
ClassicMan202: Ghg.. it is well with all of us
You dey wake up to pee 2 - 3 times in the night?
That's exactly what the op said, the colour is just an indication You can be perfectly fine and your urine colour comes out green and you can pee out a white, clear urine and you're not ok health wise. |
Health › Re: Your Morning Urine May Be Telling You More About Your Health by CaptainFM1: 4:17pm On Jun 20 |
Unless you subject the urine sample to a laboratory test, you can't deduce much from just the colour. |
Jobs/Vacancies › Re: Dangote Stuns FUTO Students With Automatic Jobs After Refinery Tour by CaptainFM1: 3:56pm On Jun 19 |
Kukutente23: How much is he paying them The cart before the horse! |
Jobs/Vacancies › Re: Dangote Stuns FUTO Students With Automatic Jobs After Refinery Tour by CaptainFM1: 3:55pm On Jun 19 |
Africana1123: There is job opportunities everywhere
But are you qualified?? That's the main thing. |
Phones › Re: Glo Quietly Upgrades Data Bundles: More GB For Same Price by CaptainFM1: 11:37am On Jun 19 |
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Agriculture › Re: Kenya Versus Nigeria Dairy Industry Output Comparison by CaptainFM1: 1:45am On Jun 19 |
CodeTemplar: The difference in output is clear. Open grazing only makes few people entitled. Open grazing is to achieve islamization agenda. |
Sports › Re: Portugal Vs DR Congo: World Cup 2026 (1 - 1) On 17th June 2026 by CaptainFM1: 5:16pm On Jun 17 |
This DRC congo team better pass our super chickens. |
TV/Movies › Re: FG To Launch Digital TV, Offers Households Free Access To 100 Channels by CaptainFM1: 5:10pm On Jun 17 |
givedemwotowoto: Another avenue to siphon. Government shouldn't own any propaganda TV. There are enough TV stations out there Read again. |
Politics › Re: VeryDarkMan, Others Protest In Oyo Over Kidnapped Students & Teachers by CaptainFM1: 1:11am On Jun 17 |
jetguy: Please, I need tangible clarification...is it true that if person die, he/she can come back to life again 🤔...
I think it's time for me to give up, depression is real 😢 If you give up, it's still Nigeria you will come back to again in the next life. And it may even be to the wretched of the wretched family/community. Your best bet is to stay and fight. If I may ask, do you have PVC? Are you ready to vote out this bad government? If your answers are "No', then maybe it's better you "exeet". But be rest assured that it won't solve the problems. |
Nairaland General › Re: 8-Year-Old Nigerian Pupil Drives Siblings To School (Video) by CaptainFM1: 1:00am On Jun 17 |
HacheNoire: A very good time for the government to arrest and jail his parents, but they will wait until when the inevitable happens. Actually, the right thing to do is child care services to withdraw the kids from the parents/guardians. But it's unfortunate we don't have that kind of system in this part of the world. |
Crime › Re: Soldiers Searching For Kidnapped Oyo Students And Teachers (video) by CaptainFM1: 8:08pm On Jun 14 |
sleek214: Bunch of unprofessional soldiers. Use drone to comb the place.... Clowns The best Intel to use is to dialogue and triangulate their location. In a gorilla warfare, they will just fight and fight with no end result. The pupils will not be kept in a single location together. Also, they would have changed their dressing to make them blend for easy collateral shield. I still maintain, Nigerian government need to take the war down to Niger, Chad ad Cameroon. They need to stop them from their operating bases. If not, they will continue to migrate to wherever their goals and aims can be achieved. |
Sports › Re: Morocco Will No Longer Submit Bids To Host African Competitions - Fouzi Lekjaa by CaptainFM1: 6:33pm On Jun 14 |
Kushites: SHUT UP AND USE YOUR BRAIN.
NATIONS ARE GIVEN AMPLE TIME TO PREPARE THEIR FACILITIES BEFORE THE TOURNAMENT, AND NIGERIA HAS HOSTED THE AFCON TWICE OR THRICE WITHOUT ANY PROBLEMS.
AND CAN MORE THAN EASILY DO SO AGAIN. SMHFU! Ok, Nigeria will host it with visiting foreign fans and supporters watching their matches at Kidnappers den. |
Sports › Re: Morocco Will No Longer Submit Bids To Host African Competitions - Fouzi Lekjaa by CaptainFM1: 2:03pm On Jun 14 |
If you don't host it, Nigeria will host it with their sandy uneven green pitches. The quality you do not provide will lead to the horrible showpiece you will get. |
Business › Re: Dangote’s Fresh $36.5bn Fortune Now Exceeds GDP Of Rwanda, Mali, Burkina Faso by CaptainFM1: 7:43pm On Jun 13 |
Hamzaay: Rich get richer others get poorer Matthew 13:12 |
Politics › Re: Who Borrowed Most? Nigeria’s Presidential Debt Record 1999-2025 by CaptainFM1: 5:55pm On Jun 11 |
mrmayormedia: By : Adenike Ibirogba
Date: 11 June 2026 12:13pm WAT
There has been public commentary that has portrayed the current administration under President Bola Ahmed Tinubu as Nigeria’s most aggressive borrower since the return to democracy in 1999, with some commentators saying it has borrowed more than all previous democratic administrations combined.
However, the available evidence does not support these conclusions. In May 2023, Nigeria’s external debt stock stood at approximately $42.5 billion when President Tinubu assumed office, and by December 2025, it had risen to approximately $51.9 billion, representing a net increase of around $9.4 billion. By contrast, Nigeria’s external debt increased from approximately $10.3 billion in 2015 to $42.9 billion by 2023, representing a net addition of about $32.6 billion during the Buhari administration.
This evidence, therefore, indicates that the largest increase in Nigeria’s external debt stock in the democratic era occurred between 2015 and 2023, and President Tinubu is not Nigeria’s largest borrower since the return to democratic rule in 1999.
Nigeria also faces a genuine fiscal challenge. Much of the apparent increase in Nigeria’s debt stock in naira terms reflects the exchange-rate revaluation of inherited foreign-currency obligations, rather than equivalent new borrowing. It should also be noted that the most significant fiscal constraint facing Nigeria today is debt service, which absorbs a substantial proportion of government revenues. Rising debt-service obligations accumulated over many years continue to constrain fiscal space for infrastructure, healthcare, education, security, and other critical expenditures.
Nigerians should also bear in mind that external debt obligations are contracted and repaid in foreign currency, with the dollar being the denominant measurements used for comparison across administrations. Following exchange-rate unification in June 2023, the naira depreciated significantly against the US dollar. This had a substantial accounting effect on the domestic valuation of Nigeria’s external debt stock. The approximately $42.5 billion inherited by the current administration was valued at around ₦19.6 trillion under the previous exchange-rate regime. After revaluation at market exchange rates, the same stock appeared substantially larger in naira terms.
It can, however, be said that this claim of unprecedented borrowing under the current administration stems largely from the revaluation of inherited foreign-currency obligations following the June 2023 exchange-rate adjustment.
This increase did not arise because the government borrowed tens of trillions of naira in new external obligations. Rather, it shows the massive effect of applying a weaker exchange rate to an existing stock of foreign-currency debt. Comparing debt figures expressed in naira before and after exchange-rate adjustment, without controlling for these valuation effects, creates a misleading impression of debt accumulation.
The majority of the criticism surrounding Tinubu’s borrowing record has been focused on external debt, with the domestic figures adding important context. In dollar terms, domestic debt eased from about $65.6 billion in Q1 2023 (Buhari era) to $59.1 billion by end2025 (Tinubu era), a decline of roughly $6.5 billion. That sits against an increase of around $11.6 billion during the Buhari years. In adding domestic and external debt together, total public debt rose by only about $2.7 billion in dollar terms between Q1 2023 and Q4 2025, even though the naira headline rose by roughly ₦109.4 trillion over the same period. Both figures are correct, but only the dollar measure reflects actual new borrowing.
Between Q1 and Q2 2023, the naira value of external debt rose from ₦19.6 trillion (Buhari) to ₦33.2 trillion (Tinubu) with little change in dollar terms, reflecting exchange rate unification and revaluation of existing debt. In the same period, domestic debt increased from ₦30.2 trillion (Buhari) to ₦54.1 trillion (Tinubu), driven primarily by the securitisation and balance sheet recognition of ₦23.9 trillion in Ways and Means advances; previous Central Bank overdrafts accumulated under Buhari and subsequently converted into marketable government debt instruments. These movements represent accounting reclassification and stock revaluation adjustments, not incremental fiscal borrowing flows.
In conclusion, a fact-based assessment of Nigeria’s debt profile leads to one clear conclusion: the central challenge facing Nigeria today is not merely how much has been borrowed, but how inherited obligations, debt-service pressures, and limited revenues constrain the country’s development ambitions.
https://guardian.ng/news/who-borrowed-most-nigerias-presidential-debt-record-1999-2025/ Continue to rub Tinubu's back with your moderate assessment. Nigeria and Nigerians have never been this worse even under military rule. |
Sports › Re: What To Know About The 16 Stadiums Hosting The 2026 FIFA World Cup by CaptainFM1: 12:09pm On Jun 11 |
One thing you must know is that the original name of the stadiums has been changed to meet FIFA requirements. |
Politics › Re: Theo Abu Agada: The New Kachalla Of NDC - Deji Adeyanju (Picture) by CaptainFM1: 4:02am On Jun 11 |
SeeWahala: He used to attach Peter Obi before but since Obi finished learning politics and building bridges his eyes has cleared  *attack |
Celebrities › Re: Talay Riley: British Nigerian Singer Murdered In London by CaptainFM1: 11:00pm On Jun 08 |
Wealthoptulent: we so SCARED nowadays.. I EVEN LEARNT to SAY SORRY, even if u have STPPED on me.
i SOLD MY LEXUS to a KID back in JAN and he has EFFONTERY to COME BACK to threaten me after he damaged the Electric THROTTLE SENSOR , WANTED me to pay £500 he was charged by his workmanship.
i called the police for werey. i tried enough to support him £200 and he said wasn't enough!
i jus SHOCK, if not for my KID safety and future i for wait for the WORST he wan SHOW Don't wait till UK happen to you and your family. Come back to Nigeria. |
Family › Re: 10 Must Have Small Items For Every Household by CaptainFM1: 10:56pm On Jun 08 |
CharlotteFlair: 12. A machete: Very necessary for both domestic and security reasons.
You will need this in the kitchen one day to slice through a big tuber where regular kitchen knives fail, you should also be able to cut off the first hand that tries to unlock your window or door after smashing the door board or window glass.
You should also be ready to butcher the first person that rears his evil head into the house.
So, make sure to keep this tool is within easy reach at all times. This is the most important of them all. We need to be prepared for bandits always. |
Politics › Re: When A Thief Tells You To Go To Court, Know His Brother Is In Charge(GEJ)<video by CaptainFM1: 4:15pm On Jun 07 |
concho: We won’t get to that point again in 2027. There will be no need for anyone to say, “Go to court.”
We will make it so hot that it becomes impossible to snatch, and so heavy that no one can run away with it.
It will be the Yorubas and his own kinsmen campaigning against him by the time the Fulani political establishment is done with them in this 2026 Abegi.... They don snatch am already. You know see how people are being frustrated just to register for PVC? They have already perfected the rigging plan. |
Politics › Re: Nyesom Wike, His Wife And Children Pose For Picture At Uniport 36th Convocation by CaptainFM1: 4:10pm On Jun 07 |
I'm just imagining these cute boys having such ugly voice like their father! |
Politics › Re: Comedian Koboko Raises Alarm Over Closed INEC Offices In Calabar by CaptainFM1: 3:40am On Jun 07 |
Why are we not protesting? This is the only solution as it stands. |
Sports › Re: World Cup: Norway Team Viking Photoshoot (Video) by CaptainFM1: 3:34am On Jun 07 |
The wazobian's are not coming. Shame on them! |
Nairaland General › Re: Can Nigeria Tenants unite and fight against Landlords' Wickedness? by CaptainFM1: 3:54pm On Jun 05 |
essentialone: Can Nigeria Tenants unite and fight against Landlords Wickedness? Can you be specific on the wickedness? Do you think Tenants are not wicked too? This is like PDP saying APC is corrupt. |