Obailala's Posts
Nairaland Forum › Obailala's Profile › Obailala's Posts
1 2 3 4 5 6 7 8 ... 127 128 129 130 131 132 133 134 135 (of 589 pages)
BigIyanga:Oga sharapp there and stop shouting zombie zombie when you're actually worse than a zombie with this your lame and childish defense of PDP. I never for once said GMB wasn't incurring high debt; I only pointed out to someone like yourself who ignorantly blamed Nigeria's debt crisis on APC alone that over 70% of our current total debt figure of $83bn was incurred under the PDP regime. Is that true or false? That is all this argument is all about. If your argument is that the $63bn total debt figure as at June 2015 (SOURCE: Debt Management Office) was wrong, kindly tell us what you believe was Nigeria's total debt as at June 2015. You claim to be apolitical but you've literally heaped the entire blame of everything wrong with Nigeria on GMB, you even had to blame the huge debt figures of 2015 on GMB saying he incurred it from 1985. What kind of putrid zombiesm is this? ![]() In your desperation to avoid mentioning PDP debt, you couldnt even come up with any sensible argument, all you've been squealing like a broken record is that GMB incurred $17bn external debt (which we all know is a fact), but what about the rest of the debt figure? If you're not a pathetic PDP zombie junkie yourself, why cant you talk of the rest of the debt figure?
|
BigIyanga:Lol... this guy is just funny. So what exactly is your point of argument now?... Are you now saying Nigeria's total debt in June 2015 was never $63bn or are you saying it was GMB that incurred the $63bn debt figure of 2015 from his head of state days in 1985? Please if you're trying to make a clown of yourself to impress some political paymasters, just make it clearer so we know when and how to laugh at you. Hopefully your hatred for GMB will not drive you amok before 2023.. |
tempest01:The electricity subsidy has always been there... |
pseudaria:The only bizarre thing about this story is the fact that Reno is the one saying it. If an investigatiin is done, I wouldnt be surprised if 39 (if not all 40) of those jets were acquired by their owners during the time of Reno and his boss GEJ when oil money bazaar was ongoing. It was reported how the number of private jets in Nigeria ballooned post 2007. While this was being criticised by some, GEJ during a visit to Kenya actually bragged about the number of private jets entering Nigeria as a sign of progress; this was visited with lots of criticism and Reno defended his boss vehemently at the time. Since 2015, the numbers of jets have actually reduced due to the recession. Of all things in this world for Reno to play politics with now, isnt it shocking that he could pick this same private jet issue as a point to attack a different regime? How shameless can the man possibly be? |
BitCraftman:I wouldnt be surprised if 39 (if not all 40) of those private jets Reno talks about were acquired by their owners between 2010 and 2014 when Reno and his boss superintended the oil money bazaar. But Reno thinks its wise to blame another regime for that. |
Racoon:Haha... for the fact that Reno had to link the 40 private jets to this regime, it shows the man has still not repented from his deliberate lies and shameless hypocrisy. First of all, it's on record that the number of private jet ownership in Nigeria ballooned between 2010 and 2014 (from less than 25 to over 150); under the regime of Reno's boss when oil money was being shared like free snack. If one investigates deeply, it wouldn't be a surprise if 39 out of those 40 PJs were acquired during the regime of GEJ his boss, yet he thinks it's wise to use that as a political point to attack another regime that inherited his mess? Anyway, he can only do this because he knows how gullible his tweeter and facebook followers are. And then again, Reno claims "N1.5 trillion has been spent on subsidy, the highest amount ever." The dubious leopard never changes his skin; he must really be high on cow dung to blatantly cough up this lie. Why did he dubiously fail to mention that the N1.5trillion was the TOTAL spent between 2015 to date?.... Meanwhile between 2010 to 2014, an average of N1trillion per annum was spent on subsidy by Reno and his Boss; in 2011 alone, N2.13trillion was spent on subsidy (the highest ever which led to subsidy removal and subsequent protests in Jan 2012). Reno knows all of this, but as usual, he knows his followers too well, so he dumps out garbage and they swallows it. I know I will be attacked for this comment, but if you must attack me make sure you are challenging the core point I made above, not some random deviations. |
SimplePlan34:Russia has over 6000 live nuclear warheads. |
pocohantas: ![]() |
Never knew 1st January was a Christian holiday till now... wow! Last I checked, there are typically 3 Muslim holdays every year of which 2 public holidays are granted for each; that's 6 days in total as opposed to Good Friday, Easter monday, Christmas and 26th (4 in total). Even if we all choose to be foolish and call 1st January a Christian holiday, that makes it 5 days compared to 6. And to even think this is the man's only response/defence for the mindless persecution of Christians in some parts of northern Nigeria. This boko haram wannabe professor is truly perpetually high on rotten cow dung. |
Urahara22:Population growth apparently. And I guess our people then were more interested in yams and cassava. |
BigIyanga:Lol... Yes I agree I'm intellectually lazy. But you that is intellectually vibrant, why dont you tell us what makes up the $63bn total debt which APC met in June 2015?..... Oh sorry I forgot, you said GMB of 1983 must have incurred most the $63bn debt of 2015?... GMB must be an omnipotent magician isnt it! Meanehile I thought we all agreed that OBJ cleared most of our debts in 2007? So how come you bizarelly still insist GMB of 1985 has to be blamed for 2015 debt?.... Wonders truly shall never end! You can't just be repeating like a broken record that Buhari borrowed $17bn in 4 years (of oil crisis), but you absolutely avoid talking about who is responsible for $63bn debt (incurred largely in a period of plenty). Since you have superior info and since my info is a 'Lai Mohammed Lie', why dont you tell us how $63bn debt came about in 2015?. You are indeed funny and must really think you're talking to toddlers or brain deficient sycophants on facebook. |
BigIyanga:Oh... so your point indeed is actually that Buhari of 1985 is also to be blamed for the $63bn debt of 2015?... Wonderful!!! This has to be the most bizarre blame game I've experienced. ![]() You claim you arent being a political minion, but in one vein, you agree that OBJ cleared most of our debt by 2007 and in another, you claim GMB from 1985 is largely responsible for the $63bn debt figure of 2015?... Your selective cleverness is epic!!!! |
BigIyanga:Oga, I gave you total figures. If you say my figures are wrong, stop blabbing about and just provide the 'correct' figures since you say mine are wrong. And quit running around in historical forests by quoting unverified numbers from 1985; the discussion on this thread is centred on our current debt stock, not debts of 1960. APC by the way was formed in 2013, so quit this pointless deviations aimed at derailing the topic. |
BigIyanga:Oga, I told you a simple fact about Nigeria's TOTAL debt being $63bn when APC came in power in 2015 and it's currently $83bn. So if you cant disprove it, be quiet and stop giving me these watery arguments.... Are these figures right or wrong? Stop beating about the bush like a political lapdog struggling to win an argument. Be bold and answer this question, "was Nigeria's total debt in 2015 June $63bn or not?" You talk of me being partisan, but if you arent being irrationally partisan, why are you only obsessed with what was borrowed between 2015 and 2019 by your enemies? Why are you so scared of talking about what was borrowed prior to 2015?.... You carefully ignored what was borrowed between 2007 - 2015 but went to dig up what was borrowed in 1983 and you say you arent being laughably partisan? Smh! Meanwhile, every nation in a recession borrows to create necessary liquidity in the system to exit recession. Since 2015, there's been an oil price crisis so there's a clear and obvious economic explanation why Nigeria inevitably had to borrow $17bn (actually even a total of just over $20bn when you include local debts) between 2015 and 2019. Nigeria's total debt was between $30-$35bn in June 2010 (not sure of the exact figure), but by 2015 June, it had risen to $63bn. The right question any intelligent and patriotic person should be asking is why the administration prior to 2015 had to borrow almost $30bn (local + foreign) between 2010 and 2015, in addition to running down reserves by up to $15bn, despite the unprecedented oil income boom at the period. But I dont expect you to worry about that for obvious reasons, you're more concerned about the $17bn your political 'enemies' borrowed in 2015 to 2019. Nigeria's current debt is very high and nobody disputes that, but next time you want to blindly politicise it by blaming only the administration after 2015, you should know you're only sounding like a clown hoping his audience is dumb. Quit trying to be clever by half! |
BigIyanga:Lol... Okay I now get your point and I agree with you in toto, Buhari/APC were largely responsible for Nigeria's $63bn debt of 2015 and not the PDP. Buhari actually borrowed most of the money in 1983-1985 when he was head of state. ![]() Ahh!.. you even added 'future' yet-to-be-borrowed debt to your totals?... I would have liked to extend this calculations to the 1960s oo (since we're both trying to be silly), but I unfortunately dont readily have the debt data from the days of yore as you requested. You can please tell me more since you have this superior historic data. And please, 'total debt' stock not just the 'external debt'; I understand some people could be autistic and may need to be told the same thing over and over again before they get they instruction. So please once again, TOTAL debt! |
BigIyanga:Oh my God!.... Could it be that this man is suffering from some form of alzheimer's disorder causing him to hallucinate or what? Can you please point out where I mentioned anything about external debt in any single one of my posts on this forum? This is painfully annoying!!! I have consistently corrected your weak argument by consistently telling you that if you must analyse debt figures, you should be talking of TOTAL DEBT, and not just the external debt. Yet you come back with the above silly reply saying I talked of external debt? Are you sure you're okay?.... or Could it be you mistake me for someone else. Have you even bothered to read or understand a single sentence of anything I wrote in the last 24 hours or having you just been jumping on my mentions to only to reply garbage because you think this is another one of your nonsense pdp vs apc arguments? Look let me tell you something young man, I have not hailed or praised GMB in any of my posts on this forum in the last 4 years, you can go through my posts to confirm that if it's what botthers and distorts your thinking process. All my arguments in the political section of this forum have purely been to burst silly lies, shallow analysis, and deliberate misinterpretation of figures and statistics dubious individuals like yourself spew everyday to deceive gullible readers. Someone mentioned that APC has ruined Nigeria with debts, and I pointed out to the fellow that 75% of our current $63bn debt was incurred under PDP rule; this is a sacred FACT. So quit this your shameless dance in the market place talking about 1985 and so on. We are talking of our current debt stock on this thread, not some debt of 1985. |
BigIyanga:Here we go again, ranting about IBB and 1985, and also dwelling on a part of the debt. Why dont you talk of the TOTAL debt of $63bn?... Why are you scared of discussing the full debt? You think you're talking to all those ignorant facebook commenters who you deceive with partial debt figures? Or with your repeated reference to GMB and 1985, are you by any chance asserting that GMB who was kicked out of power 35 years ago is responsible for Nigeria's $63bn debt as at 2015? You must really be obsessed with GMB, cos I've never seen this bizarrely ridiculous pattern of blame game before, wow!! Anyway, please if you aren't ready to holistically discuss the total debt figure, stop quoting me. |
Bizibi:I said the bitter truth! The bitter truth which crushes your argument instantly. You obviously cannot fight the truth, so the best you could do was sigh and walk away. At least you're far more honourable than some others who still jumped on my mentions to insult me, totally deviated from the topic and started yapping rubbish because they felt it was mandatory to make political arguments. |
BigIyanga:I never said OBJ cleared off our entire debt, I said he cleared 'most'. Someone mentioned that the destiny of APC was to kill Nigeria with debts; the person proceeded to say that we currently had a total debt of over $83bn. All I did was to correct that misconception by reminding them that over 75% of our current debt figure was incurred before APC came to power (mostly of which was even incurred when Nigeria had very high income). Why exactly is this truth so annoying to you and some folks here? Obviously you couldnt challenge it so you deviated to irrelevant topics like IBB and Abacha, 1985, social investment program and budget deficit; you even had to add that GMB is a friend of Abacha... seriously?!!! what has that got to do with anything? What do you call this bizarre pattern of argument? Must you argue over irrelevant things? |
BigIyanga:So the argument is no longer the foolish statement of "PMB incured $83bn in 4 years"? The argument is now $10bn vs $17bn external debt? Why did you dubiously separate local from foreign debt to drive your point? Whilst fooling yourself with your ignorant pdp vs apc political arguments, why dont you tell us something about the TOTAL debt stock which happens to be $63bn vs $20bn?... By the way, stop being clever by half by saying 16 vs 4 years; OBJ cleared almost all our debts in the first 8 years; so most of the borrowing which accrued up to that $63bn happened just between 2007 and 2015, incidentally at a time of the highest oil prices and revenue. GMb actually has a sound excuse for incurring ~$20bn debt in 4 years (oil prices were rock bottom and govt revenue was very low); the question any sensible homosapien should be asking is why $63bn debt was incurred when oil prices and revenue were sky high. I wouldnt expect a drooling dunce like you to think of that as a vital question. Meanwhile there's been a clear economic move recently to convert a larger percentage of the country's debt to foreign loans which have far lower interest rates and longer maturity periods than the internal/local loans. So any attempt to sideline local debt and make any comparison based on foreign debt alone is just meaningless deliberate manipulation by politicians to deceive gullible blockheads like yourself into excitment. Keeping making a fool of yourself because you desperately want to politicise nonsense. |
bouncesmail:What exactly do we call humans who find it offensive when you correct a misconception? Is that the kind of innovative leadership you're advocating for? Since when has promoting falsehood and attacking people who make corrections become a worthy virtue? How exactly are you differerent from our dishonourable leaders who you castigate? If you werent silly as you claim, you would have easily discerned that my comment was strictly to correct a wrong assertion made by the person I quoted regarding the country's debt profile; I wasnt being political by any measure. Next time you should read to understand and not read to mannerlessly reply people you dont even know. Happy New Year! |
Lee29:OBJ cleared Nigeria's debt, and from OBJ's tenure you magically jumped to PMB without acknowledging there were 8 years and 2 PDP regimes between OBJ and PMB? Verifiable info all over the place tells you that Nigeria's total debt as at June 2015 when PMB came to power was $63bn, and the total debt is currently ~$83bn. So where exactly did the $63bn debt come from? Was it PMB that incurred $63bn even before he came to power? Or was it the British colonial masters? For God's sake, why must we argue like kids all the time? The sort of comments and reasoning one encounters on this forum these days from supposedly educated people is nauseating; these sort of directionless rants should be reserved for uneducated illiterates on the streets. If you want links to data proving that Nigeria's debt stood at $63bn in 2015, ask for it and stop making ignorant beer parlour political assertions all over the place. The World bank / IMF warned that Nigeria's current debt stock was very high and cautioned PMB against further borrowing; the IMF or World Bank did not say PMB was solely responsible for the current high debt. Receive sense!!!! |
tiredoflife:Your lack of understanding of simple english is catastrophic. Kindly show me any publication where IMF or world bank or OBJ broke down Nigeria's debt and claimed more of it was incurred by Apc between 2015 and 2019. The imf, world bank etc stated that Nigeria's current debt is very high and advises against further borrowing. There's nowhere the imf or world bank politicised it by saying the current regime of Apc was responsible for the high debt (proof me wrong by showing me the so called publication). So when you try to politicise it by ignorantly saying apc is solely responsible (despite the verifiable figures available), and then ascribe your falsehood to IMF, you're simply just exposing your ignorance. In 2015 June, Nigeria's total debt stock was ~$63bn and in 2019 it is $83bn. This info is an open verifiable fact which can be accessible from the website of the Debt Management Office. You dont need any special education to understand that. Please quit all these childish pdp vs apc arguments. |
tiredoflife:Oga that advice about receiving sense, you obviously need it more. I made a very simple statement of FACT that should have been understood by any discerning human; someone politicised the debt crisis by saying APC is all about debts and I simply corrected the person by reminding him that the PDP incurred over 75% of Nigeria's current debt burden which we talk about (FACT). I did not say the debt was nonexistent and neither did I say the debt is good. For you not to have comprehended my simple point, and for you to respond with your pointless comment above, its more than obvious that you need to be injected with a medication called common sense. |
Lee29:Over 75% of Nigeria's current debt was actually borrowed by PDP even before PMB won that election in 2015. I'm sure you and many others arent aware of this FACT. If you were, you wouldnt have made the above statement placing the entire debt blame on the laps of APC. These figures are freely accessible to the reading public in the DMO website. |
evergreen9:Has anyone anywhere ever said Nigeria wasnt in debt? |
know:How exactly can Obi be a deputy to Rufai? |
Too many deranged psychopaths in this country; absolutely no respect for the dead and no sympathy for the bereaved. With sad news like this, all you have to contribute is how the man eats tithe? As if to say you even pay anything personally. Another psycho on the frontpage even talked about how the man should have spent the money in Nigeria. Tufiakwa! |
Afamed:Lol.. this one calls me a wailer? Your brain is obviously programmed to view and interpret everyhting as 'we vs them'; you think everything must be pdp vs apc politics right? Smh! |
blasted12:The president isnt omnipotent, but he is very powerful beyond measure. |
Afamed:Hahahaha... See question! Do you need special education to know how the heist works in Nigeria? |
Afamed:Pmb just bribed the NASS with N37bn. He's learning fast. |
1 2 3 4 5 6 7 8 ... 127 128 129 130 131 132 133 134 135 (of 589 pages)


Selective amnesia at its finest.