Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,165,238 members, 7,860,528 topics. Date: Friday, 14 June 2024 at 12:08 PM

Debt Servicing Rises, Gulps 72% Of FG Revenues - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Debt Servicing Rises, Gulps 72% Of FG Revenues (9240 Views)

School Feeding Programme Gulps N500m During Lockdown – Minister, Sadiya Farouq / Lock down: 72% Of Nigerians Express Hunger Concerns – Poll / 72% of Nigerians not willing to pay for national ID renewal – NOIPolls (2) (3) (4)

(1) (2) (3) (Reply) (Go Down)

Re: Debt Servicing Rises, Gulps 72% Of FG Revenues by amuwo1980: 6:23am On Jul 15, 2021
This have gone beyond politics , every lover of Nigeria even every woke black man shud go the extra mile to kick out this government in power , at least cage them and make sure they don’t destroy more , I hope they hang buhari for treason at the end of this nightmare because the guy is out the destroy the country

2 Likes

Re: Debt Servicing Rises, Gulps 72% Of FG Revenues by Jerryherd: 6:24am On Jul 15, 2021
bcomputer101:
It shall not be well with Tinubu. He sold to us a brain infested mannequin.




This is the worst economic team Nigeria will be experiencing.
My secondary school economic teacher can perform better that this present Minister of Finance and CBN governor

* let's all pretend Emefiele was not appointed by Jonadafftt
* let's also pretend PDP never left huge Debt

let's blame only Tinubu that made Lagos State what it is for responsibility of misgovvernance of Buhari and Malami
Re: Debt Servicing Rises, Gulps 72% Of FG Revenues by lexy2014: 6:36am On Jul 15, 2021
, TheRareGem1, onionbandit, cilicmarin, black panda, okefranci, ur esteemed thoughts are needed on this thread. Why are u silent? Isn't this an opportunity to blame PDP, IPoB and nnamdi kanu for FG using 70% of it's revenue to service debts? Does d osinbajo crew not have any praise singing words for osinbajo and motivational article from osinbajo to help explain this phenomenon?
Re: Debt Servicing Rises, Gulps 72% Of FG Revenues by Luckydubby7(m): 6:37am On Jul 15, 2021
Buhari and APC wicked shall.
Re: Debt Servicing Rises, Gulps 72% Of FG Revenues by weyreypey: 6:38am On Jul 15, 2021
Jerryherd:


* let's all pretend Emefiele was not appointed by Jonadafftt
* let's also pretend PDP never left huge Debt

let's blame only Tinubu that made Lagos State what it is for responsibility of misgovvernance of Buhari and Malami
Your shadow must be ashamed of you.

3 Likes

Re: Debt Servicing Rises, Gulps 72% Of FG Revenues by lexy2014: 6:41am On Jul 15, 2021
Jerryherd:


* let's all pretend Emefiele was not appointed by Jonadafftt
* let's also pretend PDP never left huge Debt

let's blame only Tinubu that made Lagos State what it is for responsibility of misgovvernance of Buhari and Malami

So if emefiele was appointed by Jonathan, how does that justify d endless borrowing by this administration? How does that justify this administration using 70% of it's revenue for debt servicing?

If u say PDP left huge debt, pls how much was that debt in 2015 and how much has been borrowed since then?

How did Tinubu make Lagos what it is?

If u say Tinubu shouldn't be blamed for d misgovernance of buhari and malami, how come u are now blaming Jonathan/PDP for buharis misgovernance?
Re: Debt Servicing Rises, Gulps 72% Of FG Revenues by InvertedHammer: 6:43am On Jul 15, 2021
/
Just imagine earning N100k and using N72k to service revolving debt. That's the position Nigeria is in and PMB continues to borrow. Creditors will be smiling now knowing that it is a matter of time before Nigeria defaults and turns out like Zimbabwe or Venezuela.

Nigerians are still indifferent until salaries enter into arrears and pensions remain unpaid. Add inflation to the mix. Last last everyone eyes go clear but a tad too late.
/

1 Like

Re: Debt Servicing Rises, Gulps 72% Of FG Revenues by Jerryherd: 6:44am On Jul 15, 2021
lexy2014:


So if emefiele was appointed by Jonathan, how does that justify d endless borrowing by this administration? How does that justify this administration using 70% of it's revenue for debt servicing?

If u say PDP left huge debt, pls how much was that debt in 2015 and how much has been borrowed since then?

How did Tinubu make Lagos what it is?

If u say Tinubu shouldn't be blamed for d misgovernance of buhari and malami, how come u are now blaming Jonathan/PDP for buharis misgovernance?

All your questions sounds like a toddler trying to figure out what's meant for an adult

Try give the phone to your brother or dad to help you comprehend the simple comment

Cheers
Re: Debt Servicing Rises, Gulps 72% Of FG Revenues by Oshkosch: 6:45am On Jul 15, 2021
Nigeria a country that won’t grow even for hundred of years to come. Hausa Fulani think the country belongs to them despite they have dry lands with no resource. Stupid

2 Likes

Re: Debt Servicing Rises, Gulps 72% Of FG Revenues by Veqtor: 6:45am On Jul 15, 2021
Bubu the borrow borrow bororo.

1 Like

Re: Debt Servicing Rises, Gulps 72% Of FG Revenues by Benmob: 6:51am On Jul 15, 2021
with all d comment bubu zombies are no were to be found that to show they know their lord and savour baba is a F9 man

1 Like

Re: Debt Servicing Rises, Gulps 72% Of FG Revenues by Seun4FastLoans(f): 7:02am On Jul 15, 2021
Okay





Do you have an LPO / invoice and need some finance? Call me please
Re: Debt Servicing Rises, Gulps 72% Of FG Revenues by Brushstrokes20: 7:03am On Jul 15, 2021
Useless govt of self serving THIEVES and blood thirsty TERRORISTS!
Re: Debt Servicing Rises, Gulps 72% Of FG Revenues by Temptee101(m): 7:05am On Jul 15, 2021
Good news

We are getting there, e go soon reach 100 percent
Re: Debt Servicing Rises, Gulps 72% Of FG Revenues by AfonjaConehead: 7:06am On Jul 15, 2021
Receive revenue from Niger Delta oil money. Receive revenue from vat from southern states but execute more than 50% projects in the north and more than 80% projects outside the Niger Delta and almost more than 95% outside the south east.
Re: Debt Servicing Rises, Gulps 72% Of FG Revenues by techWriter2: 7:07am On Jul 15, 2021
Buhari really messed up this region The sad element is that he still got 2 decades to go
Re: Debt Servicing Rises, Gulps 72% Of FG Revenues by captainamiedi1: 7:21am On Jul 15, 2021
75% for debt. 20% for looting. 5% for servicing the expensive government. Nothing for the masses. Every institution is poorly funded
Re: Debt Servicing Rises, Gulps 72% Of FG Revenues by israelmao(m): 7:22am On Jul 15, 2021
I wonder what is left to spend.
Re: Debt Servicing Rises, Gulps 72% Of FG Revenues by Myde4naija(m): 7:22am On Jul 15, 2021
Sunnybay7:
The presidency is aggressively destroying every sector of the economy.
hope you understand what you just typed
Re: Debt Servicing Rises, Gulps 72% Of FG Revenues by dalass(f): 7:23am On Jul 15, 2021
PrinceOfLagos:
Buhari really messed up this country

The sad part is that he still got 2 years to go
undecided undecided
Re: Debt Servicing Rises, Gulps 72% Of FG Revenues by uboma(m): 7:28am On Jul 15, 2021
The clueless Minister of Finance, earlier pointed out that Nigeria was still within its threshold for borrowing.


The rubber stamp National Assembly failed woefully to checkmate the excesses of the Executive.

Now see where it has led the economy.
Re: Debt Servicing Rises, Gulps 72% Of FG Revenues by Brushstrokes20: 7:39am On Jul 15, 2021
Daaaaaaaaaamn it! .... buhari is all shades of disaster!

The doomed contraption is on a cliff edge.
Re: Debt Servicing Rises, Gulps 72% Of FG Revenues by christofashion1(m): 7:56am On Jul 15, 2021
And the president keep borrowing.
Re: Debt Servicing Rises, Gulps 72% Of FG Revenues by malcom1X: 7:57am On Jul 15, 2021
Jerryherd:


All your questions sounds like a toddler trying to figure out what's meant for an adult

Try give the phone to your brother or dad to help you comprehend the simple comment

Cheers

So na true wey that guy say that your Shadow is ashamed of you.

No wonder the last four letters in your name sounds familiar.
Rather than answer the question, you took a swipe at him instead.

You think say na fools dey nairaland?

2 Likes

Re: Debt Servicing Rises, Gulps 72% Of FG Revenues by everythinggirly(f): 7:57am On Jul 15, 2021
Ok
Re: Debt Servicing Rises, Gulps 72% Of FG Revenues by joe54: 8:03am On Jul 15, 2021
This APC government is utterly USELESS.
Re: Debt Servicing Rises, Gulps 72% Of FG Revenues by lexy2014: 8:17am On Jul 15, 2021
Jerryherd:


All your questions sounds like a toddler trying to figure out what's meant for an adult

Try give the phone to your brother or dad to help you comprehend the simple comment

Cheers

If u are an adult as u claim, then d following toddler questions shouldn't be difficult for u to answer:

"So if emefiele was appointed by Jonathan, how does that justify d endless borrowing by this administration? How does that justify this administration using 70% of it's revenue for debt servicing?

If u say PDP left huge debt, pls how much was that debt in 2015 and how much has been borrowed since then?

How did Tinubu make Lagos what it is?

If u say Tinubu shouldn't be blamed for d misgovernance of buhari and malami, how come u are now blaming Jonathan/PDP for buharis misgovernance?"

Or are u saying that u can't answer d questions of a toddler?

1 Like

Re: Debt Servicing Rises, Gulps 72% Of FG Revenues by ELKHALIFAISIS(m): 8:19am On Jul 15, 2021
Sai Barbar chanters has lost their voices recently... they don't know whether to continue praising him under empty stomach or pipe low



Nigeria has gone to the dogs
Re: Debt Servicing Rises, Gulps 72% Of FG Revenues by daddytime(m): 8:25am On Jul 15, 2021
As much as I despise Buhari's style of governance and penchant for always borrowing, many parts of this report are straight-up fallacious and rabble-rousing in my opinion.
Re: Debt Servicing Rises, Gulps 72% Of FG Revenues by EdoFirstBorn(m): 8:25am On Jul 15, 2021
Welcome to the failed state called Nigeria

(1) (2) (3) (Reply)

Ministers:the Profiles / The Butchers Of Nigeria - Wole Soyinka / Tukur Will Not Resign As PDP Chairman

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 28
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.