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Nairaland Forum / Nairaland / General / Politics / FG Spent N1.25trn On Debt Service In 5 Months (6797 Views)
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Re: FG Spent N1.25trn On Debt Service In 5 Months by drskyfly007(m): 11:43am On Jul 11, 2020 |
realstars:servicing the debt.. The debt is still there! 1 Like 1 Share |
Re: FG Spent N1.25trn On Debt Service In 5 Months by realstars: 11:53am On Jul 11, 2020 |
drskyfly007:Then Who Will Pay The Dept. That Was My Point. |
Re: FG Spent N1.25trn On Debt Service In 5 Months by slimfit1(m): 12:17pm On Jul 11, 2020 |
Igbochief001: Express yourself is your father one of those thieves? |
Re: FG Spent N1.25trn On Debt Service In 5 Months by MISSCONGENIALITY(f): 12:30pm On Jul 11, 2020 |
helinues:Don't you know its rainy season? Flood washed away a lot of money into the sea nah? |
Re: FG Spent N1.25trn On Debt Service In 5 Months by Charly68: 1:26pm On Jul 11, 2020 |
Buhari has indeed killed our nation..he want to leave with us a burden of generational debt,his family will pay for this as God liveth |
Re: FG Spent N1.25trn On Debt Service In 5 Months by Yankee101: 3:30pm On Jul 11, 2020 |
I thought they got moratorium cos of the pandemic? The number of ways this country is milked dry are too numerous to count |
Re: FG Spent N1.25trn On Debt Service In 5 Months by cjrane: 4:16pm On Jul 11, 2020 |
Ezennwa: Their only "economic plan" is to BORROW and SQUANDER! Everyone knows that Nigeria cannot afford a huge debt burden, yet they continued to borrow instead implementing austerity measures to cut down cost of governance. A time will come that you cannot even service these debts and if your hope is to further tax the already impoverished Nigerians, it will finally result in the much awaited revolt. But, don't take my word for it, just continue to borrow mindlessly. Lets see where this irresponsible behavior will lead the country. Soon it will be payback day for Nigeria. Those playing politics with this sensitive national issue will be first to become impoverished by the borrowers.
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Re: FG Spent N1.25trn On Debt Service In 5 Months by Grateful02(m): 4:19pm On Jul 11, 2020 |
Debt debt debt!! When will we get things straight and be UNITED? Nigeria is a great nation and it hurts with the situation we are |
Re: FG Spent N1.25trn On Debt Service In 5 Months by Ovamboland(m): 1:41am On Oct 12, 2021 |
4Play: Debt of $63bn in 2015 becomes $90bn in 2021, is that tripling? Where you study your own maths sef |
Re: FG Spent N1.25trn On Debt Service In 5 Months by 4Play(m): 10:44am On Oct 23, 2021 |
Ovamboland: The FG's debt in 2015 was primarily local currency (naira) debt. If I borrow N160bn in 2014 ($1bn) and another N160bn ($390m) today, I have doubled my debt and you can't mask this by converting the debt burden to a foreign currency. You are effectively implying that the FG is managing the debt burden appropriately by hiding under Nigeria's currency collapse. Perhaps, if the Naira collapses to N1m to $1, we should pat the government on its back for "reducing" the debt. |
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