₦airaland Forum

mikeapollo:
You have not answered the question.
I did not ask for the current stock or balance of debts.
I asked how much loans has current govt borrowed since they came to office.

The two are not the same

With a devalued naira officially by x3 (and more), you have to borrow domestically (at the initial stage) by at least x3 or more to match the inflation else you get nothing done.

In the end, total debt stock is what matters. It shows that in real terms, the debt is not really increasing as you think it is when viewing it nominally.

mikeapollo:
How much has the current govt borrowed? Multiply both principal and total interest by N1400

Actual Net Dollar Borrowing: According to Debt Management Office (DMO) records:

June 2023 (Taking Office): Total public debt was $113.42 billion (External debt was $43.16 billion). 

2026 - Latest DMO Records: Total public debt stands at ~$110.97 billion (External debt is ~$51.86 billion).

mikeapollo:
Compare what Buhari allegedly ''printed'' and what has been ''borrowed'' by current govt.

Buhari printed 22 trillion naira (not allegedly because he presented it to the senate himself in 2023 for securitization). If we assume a rate of 450 naira/$ in all 8 years (for argument’s sake), that is almost $50 Billion. Are you saying this Government have borrowed $50 Billion?

Note: This $50 Billion is printed money only excluding other borrowings.

mikeapollo:
Which do you want: printing money or unbridled borrowing?

How much is our total borrowing now in dollar terms? How much was it as at May 2023? Printing is borrowing but more deadly because you are creating new money making your money more abundant and worthless. With borrowing, you at least pay back huge interest but with printing you are tempted to defer it and just have exponential money supply

mikeapollo:
Stop engaging in needless conjectures.
Where did you get the spirit of clairvoyance from?

''If Buhari had continued until 2026....''
How would Buhari had continued to 2026 when his 8 years limit terminated in 2023?
Are you just saying things to give you the rationale or justification to write or push what you have in your mind or what?

Okay let me put it in a better way:

“If” we had continued the Buhari policy (2020 -2023) of pegging the Naira and depending majorly on printing for our Budget in addition to the fuel subsidy, our fiscal situation would have been worse.

mikeapollo:
It was not Buhari that took the exchange rate from N450 to N1450.
Buhari did not float the naira

But Buhari increased printing from 850 Billion naira in 2015 to 22 trillion as at 2023. That always devalues a currency no matter what. You can keep pegging it for a while but you make it worse and it would eventually blow up in your face.

If Buhari had continued until 2026 and kept a crawling peg official rate, you would have the parallel market eventually move to 1300/$ but with the official rate at around 650/$. That would have been a double jeopardy. Your reserves also would have been stunted. You would still have fuel queues even with Dangote because he would struggle to keep supplying the Nigerian market at 200 naira when the market price officially is 800 and 1400 using the open market.

Lawag3:
You are right. You've been for a long time now. our girls can no longer string passes concede cheap goals our coach doesn't know what to do to change directions of game except hope on the individual brilliance of one of the girls to save him the lapses in tactical output from the coach is very evident but then all this have just been in the head of all of us who oppose Madugu we are mad.

Abeg nor mention me again . If una like una give madugu 10 years contract to manage both the men and women team.

This argument is valid on its own but it doesn’t explain why you brought Nora into it initially. Learn to seperate arguments when debating me.

Lawag3:
If you want me to spell it out your Coach tactical cluelessness yesterday should tell you who's the better between them.

Yes spell it out for me. How did the failure of yesterday elevate Nora over Magudu (abi na Madugu)?

Judas1X:
And wtf do you think this useless question is supposed to prove? That Maiduguri is doing well and needs to continue as Super Falcons coach since he's better than some people? Or that the NFF are doing a good job? Tell me what's your point gan gan?

Direct that to the person who brought Nora to my mentions and not me.

Judas1X:
What does Nora have to do with the fact that you shameless coach got ran through by a Cameroon squad that technically shouldn't have even participated in this AFCON?!

What does Nora have to do with the fact that your Maiduguri led Super Falcons have gone from conceding only two goals at the World Cup against elite opposition to conceding a record 5 goals in the group stage of a regional championship against minnows and debutants?!

What does Nora have to do with the fact that your erudite Maiduguri cannot properly design and execute a game plan to save his own life?!

What does Nora have to do with the fact that your brilliant Maiduguri coach keeps playing players in positions where they aren't strong or are still growing into?!

What does Nora have to do with the fact that your Maiduguri coach is the first coach in the history of the Super Falcons to get eliminated at the WAFCON group stage and miss the Women's World Cup?!

I don’t think this message is for me. A simple question was asked to the previous person who brought in Nora (not me) and the question is: Did Nora suddenly become a better coach than Madugu yesterday? If so, why?

Lawag3:
Yesterday should tell you .

You mean Nora became a better coach yesterday?

PDPGuy:
Omo, it’s another $ and Naira rain for the Super Falcons!

I hate this thing ehn. I feel it’s so stupid. Just pay the girls all their bonuses and reward them after the trophy. If you have so much dollars, plough it back into the female league and grassroots football

Lawag3:
If he was a good coach yes if he had a clear football tactics or philosophy that he wants to implement yes I'll take that excuse because then clearly it won't be his fault . The players did not play as instructed .

But he doesn't he is clueless and his only saving grace is the quality of our girls . He is a very reactive Coach.


Let's just pray he gets his starting lineup right against Cameroon if not it was is good bye world cup.

What makes Nora a good coach compared to Madugu?

This Ouzuarri dey give me joy ☺️

That was some strike. Beautiful goal.

Schemerkhiz:
Madugu better not play a Single Pivot just because he wants to accommodate Ijamilusi on the line up, he na push Rash to the midfield..

I just hope Madugu remembers that Christy Ucheibe has no business on the bench …

Playing her is like having at least 1 & 1/2 player in the lineup already..

Either Ucheibe and Ayinde or Abiodun

I prefer Ucheibe and Ayinde combo

Lawag3:
If the enyimba players decide to play their own style of football ignoring Guadiola's football style there's nothing he can do.

After the match against Nigeria Nora criticize her players for resorting to long balls and what the Zambians call chipatenpaten football she said if they had held possession more like they did in the beginning minutes of the match they could have gotten a point .

She literally said this . Listen to her interview after the match against Nigeria.

Would you take that excuse from Madugu?

femi4:
The red card changed the game

This is why I appreciate the falcons who quickly became compact after the red card against a more talented Zambian side attack wise than Algeria

Algeria qualifies

Algeria leading 2-1

Lawag3:
She coach them for 14 games and the teams you're calling small are not small.

She lost to Zambia in Zambia Namibia in Namibia and Japan. They played well against Japan until a foolish red card.

She was on a ten game unbeaten run 30 goals and 6 conceded.

No she lost to Zambia at home and drew 3-3 with them away in the Olympic qualifiers. She also struggled against Namibia to qualify for the Wafcon. Prior to her coaching Ghana, it was Nigeria who knocked Ghana out from Wafcon qualifiers 2-1 on aggregates. So I don’t see the special thing she did.

Before the Zambia game, the biggest team she played was Senegal and that was a 1-0 win. The 30 goals were against small teams like Egypt, Uganda, etc.

Lawag3:
She is she was the one who turned the fortunes of the Ghanian female team I don't know why she left them for Zambia. Those ones lack basic football knowledge.

She is too good for them.

She turned their fortunes by mostly beating small teams. When they met Zambia they lost and that was a major reason she left for Zambia.

Madugu has his lapses and super falcons should have a better coach but the Zambian coach is definitely not an upgrade. Their strategy until now seem to be all about booting the ball to Banda. How is that an upgrade to Madugu whose substitutes always come from the bench to influence games?
This same Zambia even without Banda beat Nigeria 1-0 in 2022 under coach Randy Waldrum.

[quote author=mikeapollo post=140267563][/quote]Ask Tinubu that one. What is clear is that he attended a college ( like a pre degree program ) called Richard Daley College in Chicago before qualifying for the CSU university. This means he had no suitable direct qualification for the university program.
What you should find out is if the college accepts students without WAEC or any prerequisite.

lawani:
This thing is basic common sense. If I deposit 200 million naira in your account today you can't even withdraw it without filling an EFCC form except your account is known for high turnover already. Then if the money came from a known account owned by a criminal and you can't say what he is paying for then the EFCC will seize it. Do they have grounds to arrest you? No because there are cases of criminals paying money into random accounts to call the owners to claim it later! They won't arrest you even if the owner of the money is your friend or is known to you especially if you have a verifiable source of income. They will however seize any money whose source you can not explain. I wonder how this is difficult for anyone to understand including people who can't explain the source of some inflows into their own bank accounts

Many people forget the man was in Nigeria working as a treasurer in Mobil when he received a call from the IRS and he answered the questions and travelled to the USA for this case.
The person pushing the drugs got arrested but his relative who sent Tinubu part of his drug money and was Tinubu’s family friend was not arrested.

camri:
So if Nigeria draw Egypt and zambia draw malawi, they qualify over a team that banged six against Egypt. This head to head is not fair at all

I think it’s fair. For example, Brazil may not be interested in scoring lots of goals against Djibouti in a group as they know they could still win and just play a relaxed game but if Spain is in thesame group and they beat Spain, why should they fall behind Spain ( if both are tied on points) simply because Spain beat Djibouti 12-0 but Brazil just wanted to win Djibouti and focus more on Spain, hence settled for a 1-0 win over Djibouti?
This is not a perfect analogy but I hope you get my point.

yinkeys:
Wahala Dey o
I think it will come down to Goal difference
Let’s assume Zambia beats Malawi
Falcons just have to pump Egypt 6 nil to be safe
So we ain’t going to win the group anymore 🚶🏽‍♂️
Cameroun or Ghana waiting for us if we qualify

The goal difference is still all about the three teams. Their games against Egypt irrelevant.

When I didn’t see Ucheibe in the first game, I thought to myself, this is a missed opportunity to close down the Chawinga sisters because Ucheibe pairs well with Ayinde and can stop fast strikers.

Schemerkhiz:
Madugu 💯

Ijamilusi is one player who have played for Nigeria from U17, U20 down to the SuperFalcons…

At some point she was an Attacking Midfielder/Winger at the youth level until a major knee injury halted her career progress for over a year or so..

She then got back on her feet and started shining again in the NWPL for FC Robo, then move to Edo Queens before the China move..

At some point she was better than what am seeing right now, let’s just say she hasn’t been able to hit her prime yet..

I will say the same for Peace Efih.. another solid Attacking midfielder/Wide Midfielder.

Correct. I remember Ijamilusi as a major winger at the U20 level then.

Gemini:

The ONLY Scenario Where Nigeria Gets Eliminated:

For Nigeria to be knocked out after beating Egypt, Zambia must beat Malawi in a high-scoring 1-goal thriller of 4–3 or higher:
If Zambia wins 4–3:
Malawi: 6 goals scored \rightarrow 1st place
Zambia: 4 goals scored \rightarrow 2nd place (Advances)
Nigeria: 3 goals scored \rightarrow 3rd place (Eliminated)

Summary
Nigeria is only eliminated if Zambia wins by exactly 1 goal AND scores 4+ goals. Any 2+ goal margin or any win where Zambia scores 3 or fewer goals sees Nigeria safely through to the quarter-finals.

lovewins:
These analysis isn't correct.

First the current table has Nigeria in 2nd place and not 3rd because H2H is the first criteria CAF considers before goal difference, so their +5 goal difference doesn't immediately count. It is only when Zambia defeats Malawi that H2H no longer counts since all the teams on 6 points would have beaten one another; that is Nigeria beat Zambia, Zambia beat Malawi and Malawi beat Nigeria so it cancels out.

The next criterion is goal difference. The current GD has:

Malawi with 3+
Nigeria with 0
Zambia with 5+

This by implication means that should Zambia win, they'll have minimum 6+ goal difference (could be more if they win by more than one goal) and Malawi will have Maximum 2+ goal difference (could be lesser of they lose by more than one goal). So Nigeria needs a minimum of 3+ goals to guarantee qualification.

I think the game against Egypt would no longer count when it comes to that 3 team head to head

Saw this and it looks more likely (can’t verify 100% though)

Overall outlook for qualification

* ✅ Malawi – Best position; one point guarantees qualification.
* ✅ Nigeria – Good chance if they beat Egypt.
* ⚠️ Zambia – Need not just a win, but in many scenarios a sufficiently large win over Malawi.