₦airaland Forum

Is it your money? Did Atiku complain? What’s your headache? With the way APC are crying at the possibility of PDP picking Atiku shows they are scared.

ALTERNATEID:
You are making so much noise on this as if you understand what the issues are. You don’t even know the difference between foreign reserve and net foreign reserve yet you want to save someone from embarrassment when in reality, you need to be properly educated about the issues.

Una go explain tire with no evidence. I don’t just understand this level of bewitchment. The news from CBN says external reserves was $35b, not “net external reserve”.

nairalanda1:
GO and read the last comment of the original comment you quoted, and you will see i am not defending any government

Honestly you guys need to read with understanding sometimes.

Bro, I understand you.

nairalanda1:
Did you read the last sentence of my comment? Read it, and get back to me. Thanks.

Dutch disease.

Yaradua, by the way, borrowed in 2009. Obasanjo debt forgiveness was part of a debt forgieveness program that extended to many African countries. We got part of our debt forgiven and we paid the rest.

Bro, i think it’s foolhardy fighting a fellow citizen that is being affected by the harsh economy policies of the thieves in government. I’m not talking about those that are defending this government because of what they enjoy directly or indirectly - the N30k keyboard warriors.

Image123:
1. Tinubu paid all Nigeria’s FX Backlogs of about $4.5b and reunites Nigeria with international airlines

2. Tinubu built our net external reserves from $3.9b in 2023 to $25b in 2025

3. Tinubu paid off the $3.4b IMF loan

4. Tinubu returns the prosperity of state governments across Nigeria 🇳🇬

5. Tinubu cleared about N30 trillion ways and means obligations of FG with the CBN.

He's not competing with anyone, just doing his job.

A simple google search would have saved you this embarrassment. You can win an election with propaganda but you can’t run a government by propaganda. You met $35b in external reserves and depleted to $3b and tried to raise it back to the same value you met it and you call that achievement? Pls we are not stu. Pid. If you’re working for your N30k per month is understandable but don’t think we don’t have Nigerians that haven’t been bewitched or hypothesized.

AntiChristian:
So na OBJ template you dey worship now?

Wey them chop the economy silently in the midst of plenty!

Pls define what you meant by “midst of plenty”. I don’t know your age when OBJ was the president but I can tell you for a fact that crude oil was less than $20 and when they had excess, he created excess crude oil account. It was these set of thieves that took Jonathan to court asking for the money to be shared. I wonder what Nigeria would have turned to by now if these set of thieves were the ones that took over from the military, I just wonder.

Pls show me one president that is a match to OBJ’s achievements, just one.

nairalanda1:
We are always going to borrow because the basis of our budget is monies for oil. Less than 20% comes from taxes.

Even if we diversified and sold all our resources we will still borrow.

That is because we don't control the prices of said resources. And they don't favour us most of the time. So there be budget shortfalls and thus borrowing

If we used our resources to make goods that the world needs , well we would reduce our dependency on borrowing

You are right. The same way OBJ and Yaradua borrowed to finance the economy. Most you people defend incompetence?

Agbegbaorogboye:
Apologies to zero8zero
I was wrong
Nigeria actually owes the WB $17.8bn and not the $13.5bn I claimed. The $13.5bn was from Buhari era. Tinubu has added $4.3bn to it

Lol, so Tinubu borrowed $4.3b from world bank and paid IMF $$3.5b and some mo.Rons are jubilating that he has cleared Nigeria debt. But why did God create me with these type of people? The ingenious style of a Chicago economist. In fact we still get $800m balance from the WB loan.

Those celebrating that Tinubu paid $3.5b loan, pls when is Tinubu going to pay the remaining loans? Since he wants to equal OBJ achievements in 2yrs.

$44.9 billion, with the top five creditors being:
Eurobond holders – $17.32 billion
World Bank (IDA) – $16.56 billion
Exim Bank of China – $5.06 billion
African Development Bank (AfDB) – $2.10 billion
IBRD (World Bank) – $1.24 billion

Quelme:
Truer words have never been said.

A country bastardized from 1960 till date can not be fixed overnight.

He didn’t take OBJ more than 1yr to improve the economy, he didn’t take Yaradua more than 1yr to make an impact, he didn’t take Jonathan more than 2yrs to make an improvement but it took Buhari less than 2yrs do destroy everything, it didn’t take Tinubu more than 24hrs before he destroyed the few achievements left. Pls use your brain next time before you comment.

But he can destroy everything in 24months. Give him 24yrs he wouldn’t be able to do anything.

ufotunang:
...abi.. majority of Nigerians just vote based on tribalism, ethnicity, religion and ignore competency and a person with good leadership qualities..this is why this country is bad like this

I agree with you 100%. You can’t blame them, they have been hypnotized and bewitched. Their brains are no longer functioning properly

ufotunang:
..ok the north want to do 8 years...2027 to 2035 .. which it will make it 18years for north and south.. equally..but for me I do not care about this regional government..or turn by turn government.. what I want is a good and competent president that will address and tackle poverty, hunger, hardship, inflation, high costs of living high rate of unemployment Nigerians are going through, whether it's a northerner or southerner that can do it...I am not satisfied with Tinubu government he has put Nigerians in poverty, hunger, hardship inflation, high costs of living and providing bad governance..if there is any competent presidential candidate than can address and tackle all this problems Nigerians are going through..I will support such person from any region or tribe, the person come from in Nigeria.. that is what Nigerians should be looking at.,all this regional government and turn by turn give has not addressed and tackled the issues and problems Nigerians have been going through and not made the economy and country any better

This is exactly my point. I don’t give a heck which region produces the next President, all I want is a president that his policies are not anti-masses. I don’t understand why some hungry Yorubas are still supporting this government simply because he comes from the region. There’s this saying, “ajumobi o ko aanu”, which means that you know someone doesn’t mean he or she will help. Tinubu is there for himself and his family, not for Yoruba. How has his presidency benefited any average Yoruba man or woman? Until Nigerians understand that the best candidate and not the next region, I don’t see this country moving forward.

Who else is waiting for world bank to refute this claim?

ufotunang:
..but 2027 is still the turn of the south

Says who? Since you want to go that route.

South: OBJ: 8yrs + Jonathan 6yrs + Tinubu 4yrs - that’s a total of 18yrs for south.
North: Yaradua 2yrs + Buhari 8yrs - that’s a total of 10yrs.

Giving Tinubu another 4yrs means south would have done a total of 22yrs and north: 10yrs.

WHO are you to decide PDP’s candidates

Sonnobax15:

One of the many demerits of military rule....

So you’re quick to believe this report?

Wike knows that Southern candidates can’t produce a serious threat to APC, that’s why he’s shouting like a bereaved child. He should just get the heck out of PDP. He has done enough damages

Bobloco:
Those who organized, sponsored, and financed the 2012 Ojota protest against subsidy removal have now taken credit for removing the very subsidy they once opposed. This development underscores one clear reality: their actions were driven by political motives rather than genuine patriotism

And very unfortunately, over 90% of those who participated in the protest didn’t know they were being used for someone selfish purposes. They believed they were fighting for their rights; just like the animal farm.

I want this guy to make a video apology to be sure he’s the one taking

Putindbutt:
This one cannot even hide his bitterness, smh. You clearly see and can read the news that we're talking about IMF but you're beating around the bush talking about World bank, China, bla bla bullshit. Maybe I am mistaking that you can see, maybe you can't, or I am mistaking that you can read maybe you lack comprehension capacity.

.

I’m totally disappointed in you. How much was the loan paid? Just because you wanted something to show that your failure president is working, you borrowed money to pay another loan and come out shouting like a bereaved child. Pls tell us how much was the loan that was paid? How much have you borrowed in 2yrs?

Did you say beautiful? Ok. Perhaps beautiful at heart sha.

Another APC’s achievement.

2mch:
OP,
I have looked for this report on Worldbanks website but I cannot find it. Do you mind providing proof of this report with direct link to World Banks Website? The earliest website that produced this report seems to have pulled the news out of thin air. Thanks.

.

Pls keep searching. The same way we are still searching for the IMF report that APC forged and make Nigeria the 3rd fastest growing economy.

givedemwotowoto:
Someone once said that APC was intentionally making people poor so they can weaponize poverty against the people, but it didn’t make sense from a rational perspective at first, but seeing how low APC leaders have gone with tribal bigotry and propaganda, I absolutely agree! These people are terrible!

A former colleague of mine was given $20000 to support and campaigned for Tinubu. He exchanged the money to naira and got about N10m. Kept the money in fixed deposit. One year after, he redeemed the money and exchanged it back to naira and got about $6000. Tinubu collected his money back by devaluing naira. From $20,000 to $6,000 under one year.

ursullalinda:
The number of pple begging for money now is alarming and the future looks bleak...Dear God pls show face here...Nigeria is sinking.

Unfortunately, these people are the same people that would sell their votes for N1000 and started begging for urgent N2k the next day. God won’t do anything, that’s why he gave us permissive will to choose what we want. The only way is to select the right leader you want, get your PVC and vote.

Bosman17:
The report was taken in isolation… has Tinubu’s policies made Nigerians poorer? Certainly!!! But we must consider where we were coming from… and also pressure the governors to do more with their allocations

Oga, must you always defend blindly? Do governors make policies? How do you expect the governors to eradicate poverty from their reduced allocation? Pls take mic.

This is one of the achievements of APC but I don’t know why they are not celebrating it

Very backward people

Lifestone:
Dr Oby should sue if she indeed knows it's a lie. She didn't outright come out to deny receiving money

She didn’t deny it? Abeg which school did you attend? Perhaps you need to go back to primary school and learn comprehension

2mch:
If Nigerian students are serious they should join that association enmasse and push out all these old men in that leadership. Change the rules. No one above 30 should be in NANS. Even if he’s a student. It will prevent all those politicians who are lifetime students from corrupting and causing problem in associations that should benefit students.

What’s your level of education? Pls get your phd first before setting the age limit.