₦airaland Forum

LegendHero:
Post any link you have.

Let me tell you, Tinubu paid off our IMF loan to less than $1bn from the over $3bn he met it.

That world bank figure being bandied around is not the full picture, the amount Tinubu borrowed from world bank that reflect on our account is not even up to $5bn. Yet he paid of IMF loan so it’s a net +- game.

Lastly, don’t just use your assumption on a public forum. You should not just throw around false statement because you want to win an argument.

Update: The image of IMF I uploaded is not showing. Seems I’ve reach my picture update limit.

But here is the link to statisense on that.

Rubbish talk again. I didn't bring up IMF. I brought up the World bank and ISDB.

I didn't say anything about the IMF. Tinubu paid up IMF loan but took more loans from the world bank and ISDB.

Now, about my assumption; you were taking about debt and strikes and how Argentina is faring no better than Nigeria. What I did was prove you wrong by telling you that Tinubu has taking loans too and also had strikes under him. And yes, that's a fact.

And still Argentina is still doing better, far better than Nigeria under the same timeline.

Tinubu is just clueless.

LegendHero:
You don’t know what you are saying. All country base their GDP in local currency. That is how they compare their growth rate yoy.

If GDP is the total amount of goods and service produced in a country, then why will they measure in dollar as the base value? What is the sense in that? Are they selling and buying in USD in all country?

The only reason they bring in USD is for international comparison and nothing else. Those are usually done by agencies like Worldbank, IMF, and etc to standardize the value across all countries to measure the data point better.

@the second bold statement, stop saying nonsense again. Our GDP is measured in naira by CBN and below is the source to CBN website. Check it.

Go and check the source of everywhere you see our GDP quoted in USD, they are usually international source.

https://www.cbn.gov.ng/rates/NominalGDP.html?tyear=2024

The bolded shows you don't know jack about international business or international economics.

Again, when countries are to be checked the USD is the base for weighing any economy same as it is also used in international business.

Also, using the USD for comparison shows how the value of a country can only be truly assertained by a single scale of currency. That's why the poverty index is Alo in USD and that's why countries don't take loans in heir loca currency.

In essence, the true monetary value of a nation's GDP can only be gotten through the USD and not through it's local currency since the value of nations currencies is volatile compared to the USD.

LegendHero:
Lol, so you lied about $20bn before. Now you’ve admit your lies and then proceed to lie another lie about Tinubu borrowing $10bn.

That is another big fat lie. Below is our foreign debt.

You don’t count world bank debt like that. Sometimes they are payment already signed by past government or agreement for future disbursements.

I know where the confusion lie. Because of devaluation, our debt increase exponentially in naira terms which was why most people think Tinubu borrowed lot of loan.

Firstly, I didn't lie. I made an assumption.
Secondly, our debt profile isn't the same as the amount Tinubu has borrowed. Those screenshots I posted are facts. And those loans weren't taken by previous governments but by Tinubu's government. Or should I post links too? Since you have a comprehension problem.

LegendHero:
Show the proof Tinubu borrowed $20bn and I will send you 200k immediately.

Just respond with the evidence and paste your account number.

I am waiting.

Mr. Man take that 200k and use it to do something useful with your life.

While Tinubu hasn't taken up to $20b loan, he has taken more than $10b and out GDP is still not half as good as Argentina.

And wait, remind me why we're using Argentina as a case study for comparison? Oh, yeah, because their president inherited a worse economy and had managed to do far better than Tinubu within the same time frame.

LegendHero:
Nope, they don't. They measure with their country currency.

International organizations are the one that use USD to compare the GDP across countries for standardization.

Below is China government official data, you can see they quote the GDP in Yuan. If International body will report it, they convert to USD.

Again, this is stupid talk. The only reason China bases their GDP in yuan is due to the competition they are having with the USA. Same with Russia and North Korea.

No country bases its GDP in it's local currency just same as poverty line and HDI. All in dollars.

In fact, Nigeria has never used Naira for its GDP not Jonathan or eve the incompetent Buhari. Until this reckless baba came on board. Funny enough, he's the oke who devalued the Naira.

LegendHero:
Which data is that?

The same Argentina that union are declaring strike because of low wages and poverty just last month?

The guy don go borrow $20bn to patch it, give them few more years, they go back to square one.

https://www.latimes.com/world-nation/story/2025-04-10/general-strike-against-president-mileis-austerity-disrupts-argentina

This is stupid talk. The NLC and TUC went on strike during this Tinubu's era too. Tinubu has borrowed more than $20b and the economy is still in shambles.

At least Argentina has something to show for theirs.

Stop comparing grapes and apples. Data is stubborn.

Image123:
Optics. Change am to naira. Come divide am by subsidized dollar rates. You go shout "Thank you my creator for Jagaban" before you slap your mouth.

Who calculates GDP in Naira??

😂😂

Rossikk:
Investors also study public sentiment and public backing for government policies etc.

Of course they will be discouraged by general despondency in the population, especially of the type driven by anti-Nigerian, traitorous, hateful, bitter secessionist wastrels pretending to be ‘Nigerians’ online.

So you mean investors will put sentiments over data when making investment decisions?

Better go back to TikTok.

Niceme2020:
Some of You are fools

GDP that was being subsided by Foreign reserve

There is no money in the foreign reserve to give fake strength to naira against dollar anymore

This is the first time that we are seeing the actual value of naira against dollar

GDP being subsidized?

Do you even know the meaning of GDP? See if you aren't knowledgeable on a subject, just keep quiet and learn.

Secondly, this is not the true value of the Naira.

JASONjnr:
Lol....


Nigeria is a great country and we will encourage more foreign investors to come and do business here.

The more you people keep dragging this kind of news on people's FYPs to see, you are directly telling foreign investors who'd love to bring the changes you want, to look elsewhere. Then al you do is keep wailing.


The US was in a trade war, their citizens never portray the country as a weak economy tonscare investors away.

I put it to you that something is seriously wrong with you.

So, you mean, investors won't bother to even do a simple Google search on the GDP of a country they want to invest in?

How old are you?

DomPerignon:
Cheap blackmail ?


Are you normal?

As expected. You'll pick one thing cause of course you cant refute the rest. Sense is pursuing you, but you're proving to be the flash.

DomPerignon:
Was the commissioner who decried their execution in office in 2016?

Was Solodu the governor of Anambra in 2016?

You read how Solodu mentioned their arrest and conviction in April of this year and you also read the commissioner announcing their execution.

You guys are trying in your lame way to dissociate Obi's wasteful visit to Indonesia from this execution.

Try harder.

Okay. I have your time.

No1. The news was 2016 both Soludo and the commissioner are just resorting to cheap blackmail.

No2. Peter Obi has no business with what happened. He visited Indonesia as a privete citizen and not in any governmental capacity.

No3. So you believe he should ask Indonesia to change their laws because the people involved are from Anambra? That's Tribalism and is a trait of Tinubu not Peter Obi.

No4. About the law itself, it's not a bad law and Indonesia won't bethe first to have such laws. Even Nigeria most highly sought country UAE, also has that law.

No5. Peter Obi went there to study their electricity for benchmarking purposes, not their laws.

No6. It's not a recent news but if it were, it shows the failure of Soludo in curbing drug trafficking in Anambra.

zoghys:
So you assume now that Kate is right. It's 'begins' and that's it. She is absolutely not right, and trying hard to be smart with her choice of words to correct that phrase is ridiculous. She is taking substance from such a vital topic by throwing unnecessary jab.

What JAMB said was ".....while processes begins" which is wrong. Its "while processes begin "

DomPerignon:
Why lie?

The commissioner made this statement just yesterday announcing their execution.

Solodu was the one who mentioned in April of their conviction and sentence to death.

The Indonesian authorities carried out the sentence this past week.

Why are you lying that it is old news dating back to 2016?

Mr. Man this news was just brought again by a content creator. It's an old news. 2016.

Putindbutt:
You see how shallow ipob dey reason. The 60% rate was under Tinubu's first term when he took over from the military, then compare with his second term at which the rate was already coming down steadily. And then compare with 53.7% poverty rate during Obi's second term. Obi wasted the quality of life of the people of Anambra both in his first and second term. Obiano came and reduced it to 14%.

The 61% was when Tinubu took over from the military? Agreed. So was the 41%

Peter Obi managed it well. Now saying that poverty rate grew steadily to that 53% without having data to back it up is just peddling lies.

Also, poverty rate can grow astronomically within a year. This Tinubu's government has shown that.

So, three years into their respective governments, peter Obi drove down poverty while Tinubu took it up.

This fact check is just all shades of not bright fully reflecting the mental state of the Op.

Comparing 2003-2004 then jumping to 2009-2010 doesn't even make any sense.

Not even to mention that in 2003-2004 when Peter Obi and Tinubu were governors of their respective states poverty in Anambra was 41% and Lagos was 69%!

Shows that Peter Obi maintained a lower, far lower poverty rate than Tinubu.

Mynd44:
This one rhetoric you guys did in 2023, we are I 2025 and still her

What's this one saying?

Seun, this guy has no business being a moderator.

You sincerely should start the cleanse of this forum from this guy.

And if you like, ban me. It's your trademark.

God abeg!
This Tinubu's government is void of ideas.

TimeManager:
You don't have any sensible counter point other than the usual foaming in the mouth. Are you aware that the 36 State Governors recently signed an MoU with a Chinese company to provide renewable energy for power generation in their states?. That's the beauty of the electricity law.

36 Govs Sign Mou With Energy China To Drive Electricity Reform
https://www.nairaland.com/8395920/36-govs-sign-mou-energy

-Kiss the truth!

Nothing you said here made any sense. The white house uses solar as an alternate back up power which they never even have yo use in years cause of course rae there's 24 hours electricity.

Budgeting a whooping 10 billion for solar is something that shows stealing and embezzlement of public funds.

Lastly, you're a proof that school is not a scam. An MOU is not actionable nor implementable. Its just an understanding. Nothing can be done unless a valid contract is signed

It is important for all to take note that two new terrorist groups have risen since the inception of this Tinubu's disastrous government.

helinues:
Are you done with your ranting?

Engage logically. Be objective, be reasonable. Stop all this tantrums you're throwing. You're no longer a child.

Except you'll engage logically, don't respond. This will be my last response to you. I can't go back and forth with you.

helinues:
I didn't read the gibberish

Shove your opinion into your own ass

Talk about being unmannered and uncultured.
Being an hypocrite isn't easy.

Funny how you pride on being a Nairaland celebrity. That shows how miserable your life is in the real world - priding on being a celebrity on a faceless platform.

Like the other guy said, old man, you're a disgrace. Grow up.

triple996:
nigeria shall be great


Just watch how rodents with a tradition of cannibalism will come here and start wailing.
The wise ones among them will disappear and avoid these thread like plague.

Stop whining and crying.

This is jus debt to ONE Organization. IMF, do you know about debts to China, World bank, Islamic Bank, UAE?

Mr. Man Tinubu has taken more loans than any other government has in 2 years.

Funny how no one is talking about how terrible power supply is now in many parts of the country.

But let it improve a little then Tinubu is the best thing after kuli kuli

Kreesxxx:
We are not spineless. We hate ingrate. We don't like intimidation per se but we have bitter hatred for ingrates. Secondly a good number of us support Wike. Wike and Fubara are never on the same frequency or bandwidth. Is there any political big weight in Rivers State talking against the SoE? None. That is to tell you where the support of the people lie.

Mr. Man shut up.

First of all, I don't think you're from Rivers State. And if you turn out to be from Rivers State, the fact remains that you're cowards and that's final.

Sim is not the first to rebel against a supposed godfather in his first term.

Una Sani and El rufai of Kaduna are at odds now and the state in not in chaos, El-rufai os not making the state ungovernable. Uba Sani just conducted LG elections few months ago and put all his people there and nothing happened.

El-rufai is simply waiting for the next election. And that's how it's supposed to be.

This stupid thing that happened in Rivers State can not happen in the north cause they are not spineless. You guys are spineless. Full stop.

Karlovych:
Your political big weights are hiding under their beds like scared teenagers, with all the rubbish going on in the North and South East no president dared to replace a sitting governor in those areas, spits on Rivers people.

.

Antichristian2:
When humans do things and God condones it that means then He permits it. For example, Joshua and Moses went on a killing spree before getting to the chosen land. Those killings were all condoned by God! We can even say He ordered it. And when they kill those spared becomes slaves to be used as wife substitutes like Hagar, Zilpah or Bilhah! Hope that makes sense to you?

So Moses formed the law? Then that means Paul lied that All scripture is God-breathed in 2 Timothy 3:16. If Moses wrote the scripture then it can't be God breathed. If the Scripture is God-breathed then Moses's thoughts won't creep into it. So who lied, Jesus or Paul? And can we say Moses was the one writing everything and no God was involved at all Just as we know God wasn't involved in the new Testament?

So who permitted it? Isn't God able to stop men doing it?

Sexual indicipline is when your God got 32 virgins from war booty after commiting genocide with their family! My adopted son is just like someone i sponsored in everything! We have no blood connection and he can't inherit me. Sexual indiscipline is when God killed Onan for spilling seed. Wetin concern God in such matters of person's sperm and family copulation?

Show us the reference you got it from? That's where the problem of your falsehood lies!

Soe where have you discussed it now on this thread? Discuss Numbers 31 and Genesis 38. Make those chapters make sense to me!

So God permitted Satan to tempt Job and in tempting Job, he lost his kids. Did that happen from man or God? Whose error caused that since in Job 1:1 Job was proclaimed righteous? And secondly which calamity or disaster did God create in Isaiah 45:7.

As we all know, Hagar, Bihah and Zilpah were all slaves turned wives! They were all from such wars like that of Numbers 31 when the families are slained and the virgin girls thrown into slavery! I ask you where are the babies, infants and toddlers from the Numbers 31 genocide? What happened to all the 32,000 virgins? How did they do the virginity tests for over 50,000 females?
Where is the marriage age stated anywhere in the Bible? A virgin girl is also called a maiden! Hagar and other slaves were kids slaves too!

I pity you believing in Jesus being given birth to while Mary was a teenager! Also i pity you believing in your Bible in Genesis 38 to Numbers 31 to the Hagar, Bilhah and Zilpah slave turn wives stories!

And it's not your business who i support! Whoever God crowns our President will have my support fully! Authority comes from God alone and He gives it to whomever He wills. Even all your prayers and Church shenenigans/ religious war with Obi no fit stop the Ticket!

Ani Islam ti ba aye e je patapata. No repair.

The thing is you still have refusedto answer the question the Op asked. Will yiu give out your six year old child out in marriage?

Secondly, the verse you're mentioned didn't say anything about marriage.

40
KJV:And the persons were sixteen thousand; of which the Lord'S tribute was thirty and two persons.

Tribute to the Lord were people who will serve as priests in God's Temple. The other verse you mentioned also didnt say anything about marriage but spoils of war that were to be kept for themselves.

Lastly, you should try reading the Bible more. That's the only place perhaps you can be delivered from this madness.

If you read the Bible well, there's a clear description of women and children.

When it differentiates and says women, that mans they are no longer children. And whe it says children, that means they are not mature.

God referred to those people as women not children.

That means they are not children. Unlike your hero that married a 9 year old! Clearly still a child!

Again, Islam ti ba aye e je patapata laisi repair.

PressMyButton:
Ignorance is on the rise in your head, show me any President that has killed more terrorists and bandits in two years than Tinubu. You think 20 years insecurity will magically disappear within two years?. You must be clowning 🤡

If not that you're a fool, where is it stated that insecurity can not be ended in two years. If not that we have a completely visionless fellow as president.

There's no peace in any part of the country.

SW, there's Osun that was on fire last month. For the first mime in the history of the SW, we are hearing of bandits and rampant kidnapping in the south west.
Wasn't it yesterday that an bomb blew up in Lagos?


SE the president who is responsible for peace in the south East has refused to apply a political solution.
Enugu has been protesting because of herdsmen killings yet the president is deaf and dumb.

SS that used to be the most peaceful region has been in flames because of herdsmen yet the president has been silent. Last year for four months the wile of Bayelsa was without electricity.

NC there's Nasarawa in flames


NE for the first time in a very long time, Boko Haram are bold enough to release videos of our soldiers killed like worthless pigs yet no word from the Commander in Chief of the Armed forces

NW there's Sokoto threatening to kill but the president is traveling in a jet.




30k is too small to sell your soul. You are a mumu. And I'll keep on saying, e better make person born thief than make e born mumu.

Watch how zombies will attack Atiku Instead of facing what he said.

Yoi guys are desperately trying to convince us that Wike is fine. Whereas the Wike that we all know who is a talkative would have already come out in a live video to say in that his crooked voice "I can't die. I am alive"

Al tis is damage control. You guys did more than this during the Chief of Army staff matter even Abba Kayari also.

All is not well with Wike. That flier and post were made by his handler.