₦airaland Forum

Freetech:
Most of the comments here are as a result of financial illetracy.
Talking about loan the first thing to consider is the balance sheet; Asset -liability. When it's positive irrespective of the size of your debt you are good to go
In case of Nigeria Reserves, population and natural resources remain high and far more than 18bil debt being discussed here.
Check the loan of other African countries to their population, you realise Nigeria is doing well. Nigeria debt is far lower when you consider total debt off Africa apart from world bank
Moreover most the loan are attached to verifiable project like East west road, railway, coastal road and Sokoto-badagry road
Why do you think the rating institutions continue rating Nigeria higher

Lithiumite:
You see your life,all the lies you spread in that your sadistic WhatsApp groups....pushing puerile propaganda and majority of your ilk will swallow hook,line and sinker without even thinking.

Lithiumite:


How much are you paying in taxes compared to those in US to expect givt to ordinarily provide you all those things you mentioned......california state budget alone is almost 10 times that of Nigeria, we dont even come close to NY or texas.

Nigerians total crude oil income is just N28tr which gives you just about $20b thats all your country makes from your so called crude oil that makes you feel you are the richest country in the world......just $20b,money dangote used to build is refinery is what Nigeria is making in a year for 220m citizens.

Thats not even enough to fund 50% of the 2026 budget,you then have a budget deficit of 21trillion,how do you want to fund that? I guess from obi's personal money,bloody jokers

Lithiumite:
Whats wrong with building road from sokoto to badagry? America that is owing $34tr,whats their debt being used for,wage war on Iran i guess

Flangelo12:
Get some education, boy.


No, emergency care is not free in the United States. While hospitals are legally required to stabilize you in a life-threatening situation regardless of your ability to pay, you will be billed for the services afterward.

Key Facts About Emergency Care:Federal Law (EMTALA):
Under the Emergency Medical Treatment and Labor Act, U.S. hospitals must evaluate and stabilize you during an emergency, even if you are uninsured or cannot pay.

The Billing Reality: Once you are stabilized, you will receive a bill for the care, tests, and hospitalization. Out-of-pocket costs can be extremely high without insurance.

Ambulance Rides: Ambulance services are separate from hospital bills and are frequently costly.

Flangelo12:
Us does not have free emergency healthcare

HacheNoire:
Just $67.8bn.
The whole of Africa’s debt is not even up to half of what the US pays as interest in a year.

Flangelo12:
68 Billion, and people want to cry.
Mtcheew.
Personal debt in UK is £1.9 trillion.

Five African countries rank among the world’s top 10 borrowers from the World Bank’s concessional lending arm, collectively accounting for $67.8 billion in outstanding debt, according to new data on global exposure patterns.

Five African countries are among the world's top 10 borrowers from the World Bank’s concessional lending arm (IDA), together owing $67.8 billion.
IDA provides low-interest or interest-free loans and grants to the poorest countries for development projects like infrastructure, health, and education.
Nigeria, Ethiopia, Tanzania, Kenya, and Ghana are Africa's top IDA borrowers, with Nigeria alone owing $18.5 billion.
African countries account for nearly a third of the total exposure among the top 10 IDA borrowers, reflecting both their growth potential and reliance on concessional finance.

African economies continue to feature prominently in the World Bank’s concessional lending architecture, with new data on International Development Association (IDA) exposure highlighting both their financing dependence and their centrality in global development flows.

The International Development Association (IDA) is the World Bank’s arm that provides low-interest or interest-free loans and grants to the world’s poorest countries.

Its goal is to help these economies fund essential development projects such as infrastructure, health, education, and poverty reduction programs, using long repayment periods and highly concessional terms to ease debt pressure.

According to the IDA's Quarterly Financial Statements dated March 31, 2026 (Unaudited), outstanding exposure under the World Bank’s concessional lending arm reached $230.8 billion across the top 10 borrowing countries, with lending heavily concentrated in a narrow set of emerging and developing economies.

African borrowers feature prominently in this mix, with five countries alone accounting for 29.4% ($67.8 billion) of the top-10 total—representing nearly half of that group’s combined exposure and about one-third of the overall concessional loan book.

Africa’s presence is particularly notable, with five countries which include Nigeria, Ethiopia, Tanzania, Kenya, and Ghana, ranking among the top 10 global borrowers.

Nigeria leads the continent with $18.5 billion in outstanding IDA exposure, reflecting its persistent infrastructure financing needs and demographic pressures.

Ethiopia follows closely at $14.4 billion, continuing to rely heavily on concessional funding amid ongoing macroeconomic adjustments.

Tanzania and Kenya remain significant borrowers at $14.3 billion and $13.2 billion respectively, while Ghana rounds out Africa’s representation with $7.4 billion.

Taken together, these five African economies account for nearly a third of total exposure among the top 10 borrowers, reinforcing the continent’s dual role as both a high-growth frontier and a major recipient of development finance.

The broader ranking is led by Bangladesh and Pakistan, while India, Vietnam, and Ukraine also feature prominently, reflecting a geographically diverse but highly concentrated lending portfolio.

The concentration of lending within a handful of countries highlights both opportunity and vulnerability in the global development finance system, where large borrowers shape portfolio risk while also anchoring long-term infrastructure and social investment pipelines.

MarketDispatch:
Agbado , Ewa , Garri is waiting for him....if he has good friends, they can help him ship all his owned movable property to Nigeria otherwise it is gone.

NYC hospital mob was defending illegal migrant with alleged violent, drug past

The anti-ICE mob violently protesting outside a Brooklyn hospital Saturday was rallying in defense of an illegal migrant previously arrested for assault and drug possession, officials told The Post on Sunday.

Chidozie Wilson Okeke of Nigeria entered the US on a tourist visa Aug. 27, 2023, and was supposed to pack up and go back home Feb. 26, 2024 — but instead illegally stayed, a rep for the US Department of Homeland Security told The Post.

Okeke, who was arrested at some point for assault and criminal drug possession, landed on the radar of Immigration and Customs Enforcement officers, who tracked him down Saturday.

“During his arrest, Okeke refused to comply with officers’ lawful commands to exit the vehicle and weaponized his vehicle to attempt to hit ICE officers,” the DHS representative said. “Okeke became physically combative, attempting to punch and elbow ICE officers.

“Our officers followed their training and used the minimum amount of force necessary to make the arrest.”

Okeke claimed he needed medical attention, so the agents brought him to Wyckoff Heights Medical Center in Bushwick to be checked out, DHS said.

There, the illegal migrant refused to comply with staff, “throwing himself to the floor and screaming,” the agency said. He was eventually medically cleared to leave the hospital.

Anti-ICE protesters meanwhile somehow got wind that Okeke was in ICE custody at the hospital, with a mob of about 200 showing up there to try to stop the agents from leaving with Okeke.

The NYPD was called to the scene shortly before 10:30 p.m. to restore order and found the rowdy crowd blocking hospital exits and wreaking havoc in the neighborhood — prompting caught-on-video clashes between the cops and the crowd.

Police arrested nine demonstrators as ICE struggled to get Okeke into an SUV and whisk him off.

“The protesters damaged several ICE vehicles and assaulted ICE officers, resulting in minor injuries to the officers,” the DHS representative said. “Assaulting law enforcement is a felony and crime.”

The protesters arrested included out-of-state agitators from as far off as Wisconsin and New Hampshire.

The mob finally dispersed around 2:45 a.m. Sunday after Okeke was taken away.

“If the NYPD wasn’t there to keep the peace, God knows what these ICE agents would have done,” a law-enforcement source said Sunday.

member13:
If time on the land is the only metric, then every border in the world is 'illegitimate' because someone was always there before. But history isn't just a waiting game; it’s about who establishes the lasting institutions, the cities, and the laws that define a civilization. We call it 'America' because of the civilization that was established 400 years ago. To say those who have been here for 20 generations are 'immigrants' because of what happened 10,000 years ago makes the word 'immigrant' meaningless. At some point, a people becomes indigenous to the culture they actually created.

And I believe that you are wrong about the origins of the word "American." The consensus among historians is that "America" is a Latinized version of the Italian explorer Amerigo Vespucci's first name. In 1507, German cartographer Martin Waldseemüller created a map and chose to name the new landmass in honor of Vespucci, who was the first to realize it was a separate continent and not the eastern coast of Asia.
https://en.wikipedia.org/wiki/Amerigo_Vespucci