raumdeuter:


Dem wan make Asiwaju gain weight and become obese with White soup and those Rivers delicacy

liveLongNprospa:
NASS bastardized
CBN bastardized

Incoming president elect for now to also follow suit


Lmao as usual some people will turn a blind eye to this😁.
Politics nor important but inflation that is coming should not surprise anybody 🤭

liveLongNprospa:
Lmao... Hate saraki for whatever you want to hate him but the man would have absolutely fought against this rubbish.
Chineke

Unlimited22:
Guys......I finally did this thing...


I promise it's not AI generated🙃🙃

A debut publication, carefully curated from a raft of stories and poems.

Links coming soon...

raumdeuter:
When men train with women

https://www.youtube.com/shorts/1frqtytPsYw

Roland17:
Special gratitude to Zaha and Bolasie for not being kind during the training.

I thank them for their ruthlessness, even though it is not the highest level they can reach but I will manage this one.

raumdeuter:


What a man can do, A woman can do better

liveLongNprospa:
So the projects buhari did with this 22trillion naira loan, was it worth it that he mortgaged our future?

Feel free to argue but the reality is everybody that is not remotely a very very rich man in this country will be in for a long hard ride. 😁

A001:
Can the economics gurus in the house tell us the implications of all this news we're reading on the Internet about how heavily indebted Nigeria is under the outgoing Buhari government?

If it's not math, physics, philosophy, or programming, I no too understand all these economics terms such as bonds and co. And I no get time to research on it.

Oga Ibime, abeg what are the implications of converting loans to bonds? How do you think these high loan figures and recent developments will affect the incoming Tinubu administration, especially economically?

liveLongNprospa:
So the projects buhari did with this 22trillion naira loan, was it worth it that he mortgaged our future?

Feel free to argue but the reality is everybody that is not remotely a very very rich man in this country will be in for a long hard ride. 😁

Ibime:


Bond and loan na the same thing, except a bond is more easily traded between third parties and often has slightly less interest. Defaulting on bond payments is worse than defaulting on a loan to say IMF though because the minute you default on bond, the markets will attack your currency, while the IMF and other Nation creditors are more forgiving

Nigeria should take heed from Cuba's experience. Cuba owed Japan and the Paris Club of nations 85% of their debt and the other 15% to private markets. Japan and Paris Club forgave Cubas debt for pennies on the dollar, while their private Creditors sold their debt on to Vulture funds. Those Vulture funds are pressing Cuba neck today and wrecking their economy for that money. In summary, it is better to owe another nation or group of nations (who often forgive debt - see how George Bush forgave all African Countries debt in OBJ era), than to owe private entities in the form of bonds.

The incoming administration is already dead. All Nigerians should open dollar account with whatever they are not using to protect themselves

raumdeuter:


Dem wan make Asiwaju gain weight and become obese with White soup and those Rivers delicacy

Ibime:


Bond and loan na the same thing, except a bond is more easily traded between third parties and often has slightly less interest. Defaulting on bond payments is worse than defaulting on a loan to say IMF though because the minute you default on bond, the markets will attack your currency, while the IMF and other Nation creditors are more forgiving

Nigeria should take heed from Cuba's experience. Cuba owed Japan and the Paris Club of nations 85% of their debt and the other 15% to private markets. Japan and Paris Club forgave Cubas debt for pennies on the dollar, while their private Creditors sold their debt on to Vulture funds. Those Vulture funds are pressing Cuba neck today and wrecking their economy for that money. In summary, it is better to owe another nation or group of nations (who often forgive debt - see how George Bush forgave all African Countries debt in OBJ era), than to owe private entities in the form of bonds.

The incoming administration is already dead. All Nigerians should open dollar account with whatever they are not using to protect themselves

Ibime:


Bond and loan na the same thing, except a bond is more easily traded between third parties and often has slightly less interest. Defaulting on bond payments is worse than defaulting on a loan to say IMF though because the minute you default on bond, the markets will attack your currency, while the IMF and other Nation creditors are more forgiving

Nigeria should take heed from Cuba's experience. Cuba owed Japan and the Paris Club of nations 85% of their debt and the other 15% to private markets. Japan and Paris Club forgave Cubas debt for pennies on the dollar, while their private Creditors sold their debt on to Vulture funds. Those Vulture funds are pressing Cuba neck today and wrecking their economy for that money. In summary, it is better to owe another nation or group of nations (who often forgive debt - see how George Bush forgave all African Countries debt in OBJ era), than to owe private entities in the form of bonds.

The incoming administration is already dead. All Nigerians should open dollar account with whatever they are not using to protect themselves