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Nairaland Forum / Nairaland / General / Politics / Tinubu: I Won’t Sustain Failed Theory Of Servicing Debt With Scarce Revenue (13740 Views)
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Tinubu: I Won’t Sustain Failed Theory Of Servicing Debt With Scarce Revenue by Ofunaofu: 11:56pm On Aug 27, 2023 |
President Bola Tinubu has declared that Nigeria will not sustain “failed economic theory” that sees to the wastage of 90 percent of its scarce revenue in the servicing of external debts in the midst of many development challenges facing the country. https://dailytrust.com/tinubu-i-wont-sustain-failed-theory-of-servicing-debt-with-scarce-revenue/ 17 Likes 2 Shares
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Re: Tinubu: I Won’t Sustain Failed Theory Of Servicing Debt With Scarce Revenue by taylor88(m): 11:56pm On Aug 27, 2023 |
Says a thief Number one Cocaine trafficker in the entire world Gloria B. Tinubu of Chicago university Chicago transgender 57 Likes 4 Shares
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Re: Tinubu: I Won’t Sustain Failed Theory Of Servicing Debt With Scarce Revenue by yarimo(m): 12:01am On Aug 28, 2023 |
Ofunaofu: 55 Likes 1 Share
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Re: Tinubu: I Won’t Sustain Failed Theory Of Servicing Debt With Scarce Revenue by Ofunaofu: 12:05am On Aug 28, 2023 |
[quote author=yarimo post=125404955][/quote] Reno Omokri is now an authority that now warrant you quoting his personal opinion 17 Likes 2 Shares |
Re: Tinubu: I Won’t Sustain Failed Theory Of Servicing Debt With Scarce Revenue by yarimo(m): 12:08am On Aug 28, 2023 |
Ofunaofu:so I am now your authority that you quote me 74 Likes 3 Shares |
Re: Tinubu: I Won’t Sustain Failed Theory Of Servicing Debt With Scarce Revenue by Ofunaofu: 12:10am On Aug 28, 2023 |
yarimo: You didn't make any comment 18 Likes 1 Share |
Re: Tinubu: I Won’t Sustain Failed Theory Of Servicing Debt With Scarce Revenue by yarimo(m): 12:13am On Aug 28, 2023 |
Ofunaofu:and you quote me 69 Likes 3 Shares |
Re: Tinubu: I Won’t Sustain Failed Theory Of Servicing Debt With Scarce Revenue by Bioboy1213(m): 12:36am On Aug 28, 2023 |
Presidency and Nairalanders, Trouble everywhere. 3 Likes 2 Shares |
Re: Tinubu: I Won’t Sustain Failed Theory Of Servicing Debt With Scarce Revenue by MrsTwrite(f): 12:57am On Aug 28, 2023 |
All these plenty grammar no help. 7 Likes |
Re: Tinubu: I Won’t Sustain Failed Theory Of Servicing Debt With Scarce Revenue by jconsulting(f): 1:18am On Aug 28, 2023 |
This is a man that want to change the targetory of how things will work better for all but Nigerians will not allow him they are bent on bringing on board the man that knows nothing about governance only to build supermarket and wear black cloths around attending naming ceremony of dogs and snapping picture at airport with goats. 56 Likes 7 Shares |
Re: Tinubu: I Won’t Sustain Failed Theory Of Servicing Debt With Scarce Revenue by jara: 1:24am On Aug 28, 2023 |
It has never made any sense to be paying or servicing debt with 90% of income, especially when the debt is in foreign currencies. Not naira. 15 Likes |
Re: Tinubu: I Won’t Sustain Failed Theory Of Servicing Debt With Scarce Revenue by Betanaija42moro: 1:27am On Aug 28, 2023 |
Too much talk, nothing to show for it 24 Likes 2 Shares |
Re: Tinubu: I Won’t Sustain Failed Theory Of Servicing Debt With Scarce Revenue by Praxis758: 2:31am On Aug 28, 2023 |
This man should have transited from the realm of making promises to a phase of actualising his agendas. Someone should wake him up that campaign is over, business of governance has started. 7 Likes 1 Share |
Re: Tinubu: I Won’t Sustain Failed Theory Of Servicing Debt With Scarce Revenue by ORIENTATION101: 3:59am On Aug 28, 2023 |
Praxis758:he is literally telling you the reason why the economy is going through rough patches. Servicing debts with 90% revenue is not sustainable. That's why fuel subsidy and naira subsidy have to go. And the removal of subsidy and naira subsidy is the cause of pain to the masses, but they need a bit of patience, the policy is a good one that just needed time 40 Likes 3 Shares |
Re: Tinubu: I Won’t Sustain Failed Theory Of Servicing Debt With Scarce Revenue by Racoon(m): 4:50am On Aug 28, 2023 |
Tinubu can never ostracise himself and the APC from this disastrous policy because they brought it into existence and neither can he claim to be am advocate of the masses because all his policies so far have been anti-human. 5 Likes 1 Share |
Re: Tinubu: I Won’t Sustain Failed Theory Of Servicing Debt With Scarce Revenue by Brendaniel: 5:01am On Aug 28, 2023 |
ORIENTATION101: But government subsidy can stay? that is why the presidency still has over 10 presidential jets that gulp hundreds of billions every year, senate gulps over a trillion every year and other numerous spendings for govt officials gulping trillions, if they were removing subsidy for the people, they should have removed for the govt too, so that we can save more as they claim, abi is saving not the target again? Oga, you have been deceived...... 23 Likes 4 Shares |
Re: Tinubu: I Won’t Sustain Failed Theory Of Servicing Debt With Scarce Revenue by Pakute: 5:25am On Aug 28, 2023 |
90% revenue for debt servicing, 77trillion naira debts, $3b foreign reserves and a depleted ECA, yet some akpu heads want subsidy to continue, enemies of the state dem. 58 Likes 1 Share |
Re: Tinubu: I Won’t Sustain Failed Theory Of Servicing Debt With Scarce Revenue by ileojokan: 5:27am On Aug 28, 2023 |
Good one! 1 Like |
Re: Tinubu: I Won’t Sustain Failed Theory Of Servicing Debt With Scarce Revenue by ORIENTATION101: 7:28am On Aug 28, 2023 |
Brendaniel:your ignorance is very loud. Where did you get this ridiculous lies😂😂. Senate budget yearly is less than 300b, Aso rock yearly budget is around 500b Fuel subsidy yearly cost nigeria 10trillions Naira subsidy yearly cost Nigeria around 4trillions naira Now use your sense here which one should go first? 13 Likes 2 Shares |
Re: Tinubu: I Won’t Sustain Failed Theory Of Servicing Debt With Scarce Revenue by Brendaniel: 7:37am On Aug 28, 2023 |
ORIENTATION101: Oga, shut up, go and do your analysis properly, when we say senate, it means lower and upper house, staff members both political and career, constituency projects and so on all for the purpose of legislation that can be per time, read the link there, you guys argue anyhow, that's 2.1 trillion in 2020 https://politicsdigest.ng/nass-gulp-2020-budget/ 9 Likes 2 Shares |
Re: Tinubu: I Won’t Sustain Failed Theory Of Servicing Debt With Scarce Revenue by ORIENTATION101: 8:04am On Aug 28, 2023 |
Brendaniel:you re mischievous liar. The constituency projects are not part of nass annual budget. 5 Likes 1 Share
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Re: Tinubu: I Won’t Sustain Failed Theory Of Servicing Debt With Scarce Revenue by Brendaniel: 8:13am On Aug 28, 2023 |
ORIENTATION101: This is not about budget only, we are talking about expenditure as a whole, read my statement again, I said the NASS alone gulps over a trillion, these includes budget, constituency projects and all, you guys like defending rubbish all because of political support....
But government subsidy can stay? that is why the presidency still has over 10 presidential jets that gulp hundreds of billions every year, senate gulps over a trillion every year and other numerous spendings for govt officials gulping trillions, if they were removing subsidy for the people, they should have removed for the govt too, so that we can save more as they claim, abi is saving not the target again? 3 Likes |
Re: Tinubu: I Won’t Sustain Failed Theory Of Servicing Debt With Scarce Revenue by Caspry5: 3:02pm On Aug 28, 2023 |
Nigeria is a poor country with extravagant government salaries and benefits. A country where the government bodies in itself is richer than 80% of her citizens. Until there's a change and adjustment in these excesses, Nigeria will not move forward because politicians aspiring positions are just there to fill their pockets and not to serve the masses. It's very sad that slavery is still a thing after we drove away our colonial masters. There's nothing to show for our independence except black man greed. 5 Likes 1 Share
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Re: Tinubu: I Won’t Sustain Failed Theory Of Servicing Debt With Scarce Revenue by Chibuzoripob: 3:03pm On Aug 28, 2023 |
on point sir.May your wisdom never turn to foolishness like those Eluuupee 🐖s 5 Likes 1 Share |
Re: Tinubu: I Won’t Sustain Failed Theory Of Servicing Debt With Scarce Revenue by Omoawoke2(m): 3:03pm On Aug 28, 2023 |
Obinggos rushing into the thread to spit frustrations and hate 6 Likes 1 Share |
Re: Tinubu: I Won’t Sustain Failed Theory Of Servicing Debt With Scarce Revenue by salbis(m): 3:03pm On Aug 28, 2023 |
Times are not easy for Propagandists. 1 Like |
Re: Tinubu: I Won’t Sustain Failed Theory Of Servicing Debt With Scarce Revenue by israelmao(m): 3:03pm On Aug 28, 2023 |
b |
Re: Tinubu: I Won’t Sustain Failed Theory Of Servicing Debt With Scarce Revenue by leisuretym: 3:04pm On Aug 28, 2023 |
It’s time for Africans to wake up 1 Like |
Re: Tinubu: I Won’t Sustain Failed Theory Of Servicing Debt With Scarce Revenue by Nightwolf1: 3:04pm On Aug 28, 2023 |
Thîefnubu is a criminal. He is already looting the so called revenue. 4 Likes 1 Share |
Re: Tinubu: I Won’t Sustain Failed Theory Of Servicing Debt With Scarce Revenue by Wealthoptulent(m): 3:04pm On Aug 28, 2023 |
Rok taylor88: Make u no allow hate convert ur knowledge into waste, that u can't comprehend or gain wisdom without reasoning with ANUS. He is a better economist than ur Obi, producrictive and industrious! Their legacies is the EVIDENCE, no need to Explain. 8 Likes 1 Share |
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