₦airaland Forum

User09:
Cant speak on this as I do not have all the information. Besides, I highly doubt that story, Probably missing some key elements.

My point was looking at the debt service to revenue wasnt putting it in context .

Although the argument could have been that the servicing cost is becoming increasing high and additional debt is still being taken to service the deficit. Worse off is that it is being used on recurrent items and unproductive things like managing subsidy.

That I think is the main issue

Oga there's no need to doubt.. It's all over the Internet. Go and check it and come back

OasisX:


I'll accept your challenge under one condition. Show me any sensible take from any Obidient since creation of this thread.

You guys craving for intelligent discussions, when majority of you don't do that - even you.

Until after Election, I'll be here to piss you guys off.

Even this evening, the conversation about the debt issue in Nigeria especially with the CBN, I pushed for it with my posts. Am I not an Obidient?
You have been using laugh and questions to respond to this conversation.. Lmaoooo

Theflint1:
You now contradict yourself in one post?

This thing you dey do good so my brother..

So NASS just sat quietly while CBN gave FG 22trillion naira .

Na the structure be this oo

Like I said... We know were to place you when it comes to intelligent conversations on this forum.

We want a joker eheeen then you are relevant.
We want to have proper conversations. As usual you will take a seat and be dropping your usual supporting comments

OasisX:
I agree with the bolded and it's one of the reasons this thread is created. Obidients turn this thread to what it is today.

They are never ready to engage in any sensible discourse rather they prefer bullying and cussing hell out of everyone not supporting their candidate.

They're the reason I am actively involved this year, because they need to be checked, put back in their holes once in a while.

No one has monopoly of bullying, trolling and cussing!

I will quote you directly for this because I hate dishonest people.

ON this forum, as much as some Obidients have been guilty of being bullies, there's nobody that has driven conversations on here about the issues we face in this nation as much as the same Obidients.
Donjazet as guilty as he is cannot be accused of not trying to learn and drive those convos.
Neither I or even disstroy.
Segedinho also brings issues up and contributes.

So wtf is this lie you are telling to make it seem like you are a necessary evil.

If that's your reason for being a political nuisance then better look for something reasonable to do.


Since you want to talk about contributions.
What have you actually truly contributed to show your knowledge of workings about Nigeria other than surface level political support (probably with help from larride sef) and to scream Emi lokan..?

EmmanuelScott1:
Quote me and explain it.

I look forward to this as well

nihilistjnr:
I might be wrong as well but I interpreted it as the Government wants CBN to securitise FG's debt, basically like T bills or some sort of bond

I suspect CBN currently aren't empowered to sell FG debt to a 3rd party, which is probably why there's a push for new legislation in NASS

The whole thing is shrouded in secrecy.

That's how government initially denied then started owning up little by little.

When Obaseki initially raised alarm about how CBN was printing money like paper, government denied. Yet everything Don come out towards the end of buhari's tenure

EmmanuelScott1:
Wether bubu distance or not, your candidate's manifesto clearly state that he will borrow more than buhari, he will borrow like how it's normal to withdraw money in the ATM.

Which is the scariest part.
Basically baba wants to do what buhari did but in a legal manner.

Just dey print dey go while hoping it yields dividends

OasisX:
They will never accept the highlight, everything must be blamed on Buhari, even though they know the Conditions GEJ left us.

Don J didn’t support Buhari with sweat and blood in 2014/15 cos he loves Fulanis, but because of GEJ failures across all Sectors.

E be like say you nor even know how bleeped we are under buhari.

You still dey shout GEJ.

The GEJ failed but not even on this level.
We are showing you evidence of unprecedented levels of borrowing with a CBN governor who is practically on the run and it has not occurred to you that the party you support has basically loaned away our future.

The projects that we have borrowed money to do please explain how they will generate money to payback?

I'm not even going to talk about security sef.

Guy incase e never clear for you eye.
The naira is about to lose even more value.

So the 22trillion that was printed was used for what exactly?

nihilistjnr:
It's not unaccounted for though. FG borrowed it.

They are trying to get CBN to sell the debt.

Sell? I thought they wanted to pay back in like 40yrs unless that's a different debt..

Wooh explain coz finance isn't a strong point for me especially apc finance

Segedinho:
In as much as i don't like BAT due to his failing health but giving Atiku or any other Northerner the key to presidency is very stupid and dangerous.

The Northerners will definitely consider us as puppet and I agree with them if they succeed one more time...

OH if atiku wins, then it's over for sure.

I want the North to be taught a lesson not to mess with the South.

I nor even know when this northern fear start oo because before 2015, Northern votes alone nor dey guarantee victory.

nihilistjnr:
Bro, Nigeria has been finished since at least the GEJ era if we're focusing on just 3rd republic

Fvck no bro.

This one worse.

As we are talking, we have 22trillion unaccounted for


And the same government that asked cbn governor to grant these requests is using dss to chase baba

izzou:
[color=royalblue]I wonder why anyone is surprised about the Debt profile under Buhari

The man basically took loans to build almost everything he did. No need to brainstorm about how to fund any project; Just borrow and borrow.

Was it not here that someone posted how the government wanted to take a 100 billion naira loan at 15% per annum to build a road....A ROAD.

I used to ask if we ever generated any revenue in this country, but this tweet has my answers.[/color]

What's that thing Tinuke plans to do again?
Basically bypassing our CBN acts so he can just be getting money printed without any check and balance..

Unless I'm getting it wrong? Isn't that basically driving Nigeria even into more deep shit than Ghana right now

Theflint1:
BATified army looking at this post like

Guy it shows just how bleeped we are.


To think Tinuke is planning to run a government that will basically make what buhari did legal shows these apc guys a fvckin evil.

God abeg oo

DeadPresidents:
I pray to have the faith and optimism of people who still believe in a working Nigeria.

APC has finished this country. See debt profile na.

A secession is out of the question because who go pay the creditors the money they are owed? I’m pretty sure China or the world bank will like to hear, “We used to be Nigeria but now we’re Comoros and Seychelles and we’re not owing you anymore “

Omo I honestly wish I could laugh.
Guy naira wey person dey manage before is about to be destroyed further

liveLongNprospa:
Abeg.. Who fit confirm?

Larride raumdeuter oasisx amoto Donjazet nihilistjnr Ibime disstroy.


How fvcked are we?

Tataffo:
You wanted a particular tribe gassed to death some years ago,supports death to all blasphemers,supports sharia law,Boko haram ideologies and want them rehabilitated back to the society

Posting "audio" jobs offer on this thread won't change all that about you

Wait what?
He wanted a tribe to be gassed?

Apc has possibly finished us

https://twitter.com/BudgITng/status/1610885686218956801?t=yBE6msL0pFDBzWSpYrX4hQ&s=19

Abeg.. Who fit confirm?

Donjazet2:
Oasis come and see una block votes on Facebook oo.

This was in response to that projection he posted a few days ago on facebook

raumdeuter:
Tinubu is not contesting for President of Rivers

One thing I am sure of is that Tinubu will get more votes than Obi Nationally

Anyone is free to challenge it

Nah.. I'd like to test your theory of turnout at rallies vs voting .

Or are you scared?

Theflint1:
Raumdeuter, Larride

Lets test the theory..

Who is game?
Infact we can add a side bet that the percentage margin between apc and LP in rivers will be more than that in kano state

See men dey console themselves with kano wey them go follow PDP and NNPP drag



If its by that oya bet that with the turn out in PH, you'll get more votes that LP in rivers nau.


Who is game.

Lets test your theory

So wait the only reason OBJ supported atiku in 2019 was because of Obi?

Ibime:
Edwin Clark is thinking of his legacy. With this, he can mitigate the anti Biafran accusations that plagued him his entire adult life

Majority of them are thinking legacy at this point

Nah this OBJ endorsement pained pdapc gan


Even going back to bring his daughter's letter from over 9yrs .

Presidency sef released statement


But the most shocking was bwala who is a spokesman for atiku going on channels to talk bad about the OBJ administration forgetting its the same administration that atiku is using to campaign

At this point buhari will have to explain who he is supporting in this election.

I mean this raising alarm is a good thing but baba nor dey even protect apc guys at all

So after OBJ, ortom couldn't even wait for G5 and now Edwin Clark has endorsed Obi too.

Lmaoooo people are looking for votes in SS

OasisX:


Permutation by Dr. Aliyu Tilde.

Show us the Facebook comments


Northerners wey clear this man say e dey dream


Underestimate Atiku at your own risk

nihilistjnr:
Happy new year guys

How TF does someone as fvcked up as you get to have such a cool birth date.


Happy birthday.. Livelongnprospa

Happy new year everyone.

Election is next month