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Nairaland Forum / Nairaland / General / Politics / Nigeria’s Total Public Debt Jumps By 15.64% To ₦33.107 Trillion – DMO (9010 Views)
Nigeria’s Debt Jumps By 75% In Three Months, Hits N87 Trillion / FG Implements Cooking Gas Imports Tax, Price Jumps By 100% / Nigeria Owes N25.7 Trillion – DMO (2) (3) (4)
Re: Nigeria’s Total Public Debt Jumps By 15.64% To ₦33.107 Trillion – DMO by realstars: 7:19am On Jun 11, 2021 |
obembet:May He Stay Long To pay His Debts. |
Re: Nigeria’s Total Public Debt Jumps By 15.64% To ₦33.107 Trillion – DMO by admiral450: 7:23am On Jun 11, 2021 |
We are in problem in this country |
Re: Nigeria’s Total Public Debt Jumps By 15.64% To ₦33.107 Trillion – DMO by rummmy: 7:23am On Jun 11, 2021 |
They should sale Lagos and Abuja to pay it off....80% of that debt was spent in Lagos ,Abuja and Kano ....bubu is working. |
Re: Nigeria’s Total Public Debt Jumps By 15.64% To ₦33.107 Trillion – DMO by ChiefSosa(m): 7:24am On Jun 11, 2021 |
Yet, they're willing to lose money over twitter problem. Buhari is still wasting tax payers' money. No problem sha. We have Slawormiir and he is working day and night. He'll pay off our debt. 2 Likes 1 Share |
Re: Nigeria’s Total Public Debt Jumps By 15.64% To ₦33.107 Trillion – DMO by Asianjollof007: 7:25am On Jun 11, 2021 |
Hmmm.. Debt upon debts, tell me how naira would have value. E don spoil patapata |
Re: Nigeria’s Total Public Debt Jumps By 15.64% To ₦33.107 Trillion – DMO by Trentee4eva: 7:28am On Jun 11, 2021 |
Some mentally deranged people still call him darling daddy. $1=#502, Petrol = #165, yet they pay billions of Naira as subsidy. Second highest unemployment rate in the world. Increased insecurity and then a triple of Nigeria’s debt. Tell me more about your darling daddy. |
Re: Nigeria’s Total Public Debt Jumps By 15.64% To ₦33.107 Trillion – DMO by just2endowed: 7:29am On Jun 11, 2021 |
risos: Example china |
Re: Nigeria’s Total Public Debt Jumps By 15.64% To ₦33.107 Trillion – DMO by EmmanuelScott1(m): 7:30am On Jun 11, 2021 |
Buhari the borrower Specialist in failure, with the hight debt, how he wan provide jobs he talk? |
Re: Nigeria’s Total Public Debt Jumps By 15.64% To ₦33.107 Trillion – DMO by Racoon(m): 7:32am On Jun 11, 2021 |
The question is who will pay these debts? I know definitely not me or my children. |
Re: Nigeria’s Total Public Debt Jumps By 15.64% To ₦33.107 Trillion – DMO by Nobody: 7:36am On Jun 11, 2021 |
We are in debt because we (the government actually, but most of us voted them in!)refuse to take the following alternatives 1.Higher taxes, along with wideining the tax base.: Taxes still remain low, plus right now only 30% of the taxable populaiton actually pays taxes. 2.Diversificaiton: Oil is still our major earner, despite not contributing most of our GDP. (Which leads back to no1...our tax to gdp ratio is 6.1%..lower than even Niger Republic where it is 15%) Also, we haven't increased agricultural and mineral exports. Mining is still an unregulated mess.(especially in Zamfara) 3.Cutting subsidies...because we are too afraid of short term price increases, we throw away a lot of money...which we don't have...on subsidsing petrol...most of which is imported because decades of subsidsing fuel led to our refienreis breaking down due to their not being run profitably....and electric power. So,trillions go down the drain annually. 4.Oil prices have not been high enough for us to earn much of an income. To understand why...consider that our breakeven price was $122 in 2012, $139 by 2017 and $133 lkast year. Actual oil prices were $107 in 2012, $52.51 in 2017, and $41 in 2020. Even during GEJ's regime of plenty...we still lost money selling oil. And we have lost far more under Buhari because the oil price has not been high enough for us at all. 1 Like |
Re: Nigeria’s Total Public Debt Jumps By 15.64% To ₦33.107 Trillion – DMO by Kingcalls: 7:38am On Jun 11, 2021 |
This is what u get when u allow sub humans rule u... a region that dont have a single state with a cut off mark of 100 ruling a region that has 119 as the least cut off mark in its region.... fulani should be followers and not leaders cos they are sub humans.... in an advanced world today, look at who is ruling us....smh |
Re: Nigeria’s Total Public Debt Jumps By 15.64% To ₦33.107 Trillion – DMO by Goodness10(m): 7:39am On Jun 11, 2021 |
We have to come accept the things we cannot change. Na just one year and nine months of terrorism na remaining so we should have patience. That GOD that kept you through the last six years of terrorism is still there for you. STOP complaining it will change NOTHING |
Re: Nigeria’s Total Public Debt Jumps By 15.64% To ₦33.107 Trillion – DMO by KRSWon: 7:39am On Jun 11, 2021 |
UstazAhmed: Buhari regime looting Nigeria with impunity: U.S. https://gazettengr.com/buhari-regime-looting-nigeria-with-impunity-u-s/ |
Re: Nigeria’s Total Public Debt Jumps By 15.64% To ₦33.107 Trillion – DMO by yusluvad(m): 7:40am On Jun 11, 2021 |
It's not their fault. Their brain doesn't function... Xscape1993: |
Re: Nigeria’s Total Public Debt Jumps By 15.64% To ₦33.107 Trillion – DMO by Chirowman(m): 7:41am On Jun 11, 2021 |
Is alright |
Re: Nigeria’s Total Public Debt Jumps By 15.64% To ₦33.107 Trillion – DMO by Benblaq(m): 7:44am On Jun 11, 2021 |
UstazAhmed:Really? |
Re: Nigeria’s Total Public Debt Jumps By 15.64% To ₦33.107 Trillion – DMO by Harmattan123(m): 7:45am On Jun 11, 2021 |
Continue!!!!!
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Re: Nigeria’s Total Public Debt Jumps By 15.64% To ₦33.107 Trillion – DMO by Gokoyer0(m): 7:46am On Jun 11, 2021 |
The rate at which the prices of construction materials have skyrocketed is unbelievable. Recently, everything has more than doubled in prices. No be curse, lives of anyone still supporting this devilish government will be managed the same way Buhari is running Nigeria right now. noobs123: |
Re: Nigeria’s Total Public Debt Jumps By 15.64% To ₦33.107 Trillion – DMO by PerfectlyPerfect(m): 7:46am On Jun 11, 2021 |
risos:Debt servicing isn't the same as debt repayment. Other countries are more indebted than this but d difference is what they're using their loans for |
Re: Nigeria’s Total Public Debt Jumps By 15.64% To ₦33.107 Trillion – DMO by Nobody: 7:47am On Jun 11, 2021 |
UstazAhmed: Mention just one infrastructure (if you even know what it means) that your buhari has set up since he came into power. I am waiting!! Back to the post, when buhari said he would make $1 equal to N1, people didn't know that what he had in mind was $1 was going to be N1000. He simply did not add the three zeros. |
Re: Nigeria’s Total Public Debt Jumps By 15.64% To ₦33.107 Trillion – DMO by Gokoyer0(m): 7:48am On Jun 11, 2021 |
He is aboki. Don't mind him, he is thinking via his anu.s. Benblaq: |
Re: Nigeria’s Total Public Debt Jumps By 15.64% To ₦33.107 Trillion – DMO by Nobody: 7:49am On Jun 11, 2021 |
UstazAhmed: Actually, the debts are mostly NOT being used for infrastructure...it is being used for your normal day to day spending.... This is what happens when , as an oil dependent country, the price of oil is not as high as it should be for you to live comfortably. And to be honest, Buhari is not really spending much on infrastructure...even hsi railway projects are just a continuation of the old rail projects of the previous admins. Only one refinery is getting a refurbish, and power is still as it is (though to be fair, power has been privatised since 2013/4..so much of it is not government's business) 1 Like |
Re: Nigeria’s Total Public Debt Jumps By 15.64% To ₦33.107 Trillion – DMO by ELKHALIFAISIS(m): 7:51am On Jun 11, 2021 |
Ok .... buhari clown continue |
Re: Nigeria’s Total Public Debt Jumps By 15.64% To ₦33.107 Trillion – DMO by Nobody: 7:54am On Jun 11, 2021 |
Trentee4eva: The subsidy is why fuel is at N162-5. In other West African countries where there is no subsidy...fuel costs N300 and above per liter.(In Ghana it is 447 naira per liter. In Niger it is 370 per liter) Infact Nigeria has the cheapest fuel in the whole of subsharan Africa...excepting Angola. That it seems so 'high' has a lot to do with the falling value of the naira due to falling crude oil prices leading to a shortage of dollars to buffer the naira. |
Re: Nigeria’s Total Public Debt Jumps By 15.64% To ₦33.107 Trillion – DMO by HEAVEN4444: 7:55am On Jun 11, 2021 |
thats not much at all. only 60 billion dollars. we are in good shape |
Re: Nigeria’s Total Public Debt Jumps By 15.64% To ₦33.107 Trillion – DMO by Gokoyer0(m): 7:56am On Jun 11, 2021 |
Right now, Nigeria's debt is 80.2billion USD . Zombies' great grandchildren will also pay from this debt . BrandSpurNG: |
Re: Nigeria’s Total Public Debt Jumps By 15.64% To ₦33.107 Trillion – DMO by Gokoyer0(m): 7:58am On Jun 11, 2021 |
You must be aboki or yoruba muslim, no doubt. You will be fine, don't worry. Beancounter93: |
Re: Nigeria’s Total Public Debt Jumps By 15.64% To ₦33.107 Trillion – DMO by eldoradoxx: 7:59am On Jun 11, 2021 |
APC and its members congratulations on this giant achievement. |
Re: Nigeria’s Total Public Debt Jumps By 15.64% To ₦33.107 Trillion – DMO by williams85(m): 8:03am On Jun 11, 2021 |
All the BMC should come and defend their pay master.. Food is ready. |
Re: Nigeria’s Total Public Debt Jumps By 15.64% To ₦33.107 Trillion – DMO by Fivepercent: 8:04am On Jun 11, 2021 |
It must be a leap year |
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