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Nairaland Forum / Nairaland / General / Politics / Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt (17107 Views)
Top 10 Beneficiaries Of CBN’s N1.1 Trillion Anchor Borrowers Program / Nigeria Ranks 4th - On World Bank Borrowers’ List With $14.3billion Debt / APC Deployed N1.3billion Hush Money To Stop Hashim, As Fela Durotoye Got N750m (2) (3) (4)
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Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by Dsimmer: 1:20pm On Oct 15, 2023 |
Daystar7: Because they held his hand? And Did that also stop Jonathan from building refineries? |
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by soccerlite: 1:20pm On Oct 15, 2023 |
Dsimmer: For me I believe this world bank, IMF want to put nigeria in debt burden perpetually to be masters over us with the strong aid of nigeria politicians Especially buhari Cos I have never heard them tell nigeria to build refinery or borrow nigeria money to build a functional refinery |
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by jrusky(m): 1:21pm On Oct 15, 2023 |
magzey: Imagine how stupid you are. You are so extremely useless your mental capacity working below 0000.001% meaning nothing left in your skull. The moment I saw your moniker I knew you are one of those supreme monkey followers son of the beast with low life and absolute nonentity. I never talked to you or mentitled your a s s but came from the pit of hell with your confuse genetics throwing banter at me. I was never and will never be Buhari fan and I will never ever and ever be Obi fan so f u c k you very seriously for bringing your moronic shit laced with hate, tribalism and arrogant into my comment, f u c k you once more. Mind you I voted for Tinubu despite I'm not apc and I will say it louder and louder and 1million of you can't do nada. You are not only son of bitch but the first born of the beast. |
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by afube: 1:22pm On Oct 15, 2023 |
KillIgbohoN0W: Nothing fascinates Fulani more than these............Cows, other people's lands and free dollar! |
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by Akano5(m): 1:22pm On Oct 15, 2023 |
mtcheeew |
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by NwaliE01: 1:25pm On Oct 15, 2023 |
Atleast there's something that we're ranked high on a global level. |
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by ponishah: 1:25pm On Oct 15, 2023 |
malcom1X:And half of the borrowed money is in the hands of the politicians, both serving and non serving |
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by Olichoke: 1:27pm On Oct 15, 2023 |
This is a great news for everyone owing. You're not alone in this. |
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by Akano5(m): 1:27pm On Oct 15, 2023 |
soccerlite: And new power plant. I also wonder why they keep on lending the currupt politicians loans -- I just conclude they delibrately plunge Nigeria into Debt 1 Like |
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by soccerlite: 1:28pm On Oct 15, 2023 |
Daystar7: Oga! More than 50% of the debt was borrowed by buhari without nothing to show for it The architect of nigeria present economic problem is buhari fault tinubu problem is lack of morals to be president, controversial victory, lack of sympathy for innocent nigerians, tribalism and cronyism |
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by Resurgent2016: 1:34pm On Oct 15, 2023 |
Dsimmer: Did Obj borrow to pay subsidy? What was the debt stock before Obj took power, what was the debt profile when he left? GEJ was a let-down, notwithstanding, how much did he borrow? Bubu on the other hand presided over one of the largest fuel price increase in Nigeria's history, yet claimed to borrow massively to fund subsidy. All of them dealt with the absence of local refining capacity, but one was a complete dimwit that could not manage the economy productively and lived on loan-to-loan. Until this administration acknowledges the last one was a big error and apologies to Nigeria for supporting it, it will continue to chase shadows in NNPC and CBN looking for what is not lost. 1 Like |
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by Gajagojo: 1:35pm On Oct 15, 2023 |
KillIgbohoN0W: You just copy and paste Without context What does this mean Nigeria is fourth? Fourth what? |
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by Boywiszy: 1:36pm On Oct 15, 2023 |
My brother our niger delta oil dey to use as collateral naa, everyday I wish I was not born in this country, Akwamkpuruamu: 1 Like |
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by jaxxy(m): 1:38pm On Oct 15, 2023 |
malcom1X: debt forgiveness how many times? That is encouraging irresponsibility and corruption. We must embrace proper financial reforms/accountability and pay our debts. |
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by Believeintruth: 1:39pm On Oct 15, 2023 |
Dsimmer: You are really hollow in intelligence if you believe that rubbish you wrote |
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by Believeintruth: 1:40pm On Oct 15, 2023 |
jrusky: What Tinubu did with his two wrong policy moves eclipsed all the missteps of Buhari |
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by Phred1717: 1:42pm On Oct 15, 2023 |
One incompetent man called Buhari with Nepa certificate should be blame for putting us into this mess |
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by Believeintruth: 1:43pm On Oct 15, 2023 |
jumper524: That is not the issue. The US currency is the global currency. They will.simpky turn their debts to trading instruments and still make money. You cannot compare their situation with Nigeria. Please tell yourself the truth. |
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by ttobizz(m): 1:43pm On Oct 15, 2023 |
Urheadmaster: On the contrary bro, we have made more political billionaires |
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by Believeintruth: 1:44pm On Oct 15, 2023 |
adecz:Brought to us courtesy of Tinubu let us not forget that fact. 1 Like |
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by Believeintruth: 1:45pm On Oct 15, 2023 |
Dsimmer: Oga stop all this and admit the role Tinubu and Buhari played in this. Stop all these lies abeg. |
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by Dsimmer: 1:45pm On Oct 15, 2023 |
Believeintruth: You're the one hollow in intelligence because are you saying it was Tinubu who just got there who made the debt? Or the one who refused to build refinery? Are you crazy? |
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by Believeintruth: 1:46pm On Oct 15, 2023 |
jrusky: Shut up jare, you don't have sense. |
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by jrusky(m): 1:46pm On Oct 15, 2023 |
Believeintruth: Name the two policy pls? |
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by Believeintruth: 1:47pm On Oct 15, 2023 |
soccerlite: But Tinubu put him there. You cannot dismiss that fact. Tinubu even supported his policies and never for once criticized him. |
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by jrusky(m): 1:48pm On Oct 15, 2023 |
Believeintruth: Imagine, as I said pig will always be a pig. Ndooh!!!! You will be ok someday. |
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by Litmus: 1:49pm On Oct 15, 2023 |
Debt to GDP Ratio by Country 2023 1 Japan 262% $39,285 2 Venezuela 241% 3 Greece 193% $20,277 4 Sudan 182% $764 5 Lebanon 172% $2,670 6 Eritrea 165% 7 Singapore 160% $72,794 8 Libya 155% $6,018 9 Italy 151% $35,551 10 Bhutan 135% 11 United States of America 129% $69,288 12 Portugal 127% $24,262 13 Suriname 124% $4,836 14 Zambia 123% $1,121 15 Bahrain 120% $22,232 16 Spain 118% $30,116 17 Cuba 117% 18 Canada 113% $52,051 19 France 113% $43,519 20 Belgium 108% $51,768 21 Sri Lanka 105% $3,815 22 Cyprus 104% $30,798 23 Mozambique 101% $500 24 United Kingdom 97.4% $47,334 25 The Bahamas 95.6% $28,239 26 Jamaica 91.5% $4,587 27 Jordan 89.4% $4,406 28 India 89.26% $2,277 29 Mauritius 89% $8,812 30 São Tomé and Príncipe 88% $2,449 31 Egypt 87.2% $3,876 32 Angola 85% $2,138 33 Republic of the Congo 85% $2,214 34 El Salvador 84.75% $4,409 35 Pakistan 84% $1,538 36 Trinidad and Tobago 83.3% $15,243 37 Montenegro 83.27% $9,367 38 The Gambia 82.9% $836 39 Austria 82.8% $53,268 40 Bolivia 82.6% $3,415 41 Ghana 81.8% $2,445 42 Argentina 80.5% $10,729 43 Brazil 80.27% $7,519 44 Tunisia 80% $3,924 45 Croatia 79.8% $17,399 46 Fiji 79.8% $5,086 47 Costa Rica 78.64% $12,509 48 Albania 78.1% $6,494 49 Morocco 77.9% $3,497 50 Zimbabwe 77.2% $1,737 51 People's Republic of China 76.9% $12,556 52 Namibia 76% $4,729 53 Iceland 75% $68,384 54 Sierra Leone 75% $516 55 Slovenia 74.7% $29,201 56 Belize 74.5% $4,420 57 Seychelles 74% $13,307 58 Hungary 73.5% $18,773 59 Senegal 73% $1,606 60 Finland 72.4% $53,983 61 Uruguay 71.5% $17,021 62 South Africa 69.9% $6,994 63 Germany 69.3% $50,802 64 Kenya 68.4% $2,007 65 Oman 67.7% $16,439 66 Rwanda 66.7% $834 67 Maldives 66.6% $8,995 68 Nicaragua 64.8% $2,091 69 Panama 63.66% $14,516 70 Malaysia 63.3% $11,371 71 Slovakia 63.1% $21,088 72 Yemen 63.1% $691 73 Algeria 62.5% $3,765 74 Myanmar 62.5% $1,187 75 Colombia 61.1% $6,131 76 Togo 61% $992 77 Israel 60.9% $51,430 78 Philippines 60.4% $3,549 79 Kyrgyzstan 60.3% $1,276 80 Armenia 60.25% $4,670 81 Thailand 59.61% $7,233 82 Burkina Faso 59.6% $918 83 Ecuador 59% $5,935 84 Malawi 58.8% $643 85 Georgia 57.1% $5,042 86 Ethiopia 57% $944 87 Malta 57% $33,257 88 Serbia 56.5% $9,215 89 Ireland 56% $99,152 90 Mongolia 56% $4,535 91 Liberia 55% $673 92 Lesotho 54.7% $1,166 93 Gabon 54% $8,017 94 Laos 53.81% $2,551 95 Poland 53.8% $17,841 96 Tajikistan 53.67% $897 97 Netherlands 52.4% $58,061 98 Central African Republic 52.1% $511 99 Uganda 51.7% $858 100 Papua New Guinea 51.5% $2,916 101 Honduras 51.46% $2,831 102 Ivory Coast 51.4% $2,579 103 Niger 50.9% $595 104 Dominican Republic 50.4% $8,604 105 Mexico 49.6% $9,926 106 Ukraine 48.9% $4,836 107 Romania 48.8% $14,862 108 Benin 47.2% $1,428 109 Qatar 46.9% $61,276 110 South Korea 46.9% $34,758 111 Cameroon 46.8% $1,662 112 Latvia 44.8% $20,642 113 Madagascar 44.8% $515 114 Chad 44.7% $696 115 Lithuania 44.3% $23,433 116 Mauritania 44.2% $1,723 117 Guyana 43.7% $9,375 118 Guinea 43.3% $1,174 119 Djibouti 43.2% $3,364 120 Norway 43.2% $89,203 121 Turkey 42% $9,587 122 Czech Republic 41.9% $26,378 123 Iran 41.5% 124 Switzerland 41.4% $93,457 125 Indonesia 40.9% $4,292 126 Nepal 40.5% $1,223 127 Vietnam 39.6% $3,694 128 United Arab Emirates 38.3% 129 Uzbekistan 38% $1,983 130 Tanzania 37.3% $1,136 131 Nigeria 37% $2,085 132 Cambodia 36.8% $1,591 133 Denmark 36.7% $67,803 134 Iraq 36.7% $5,048 135 Sweden 36.7% $60,239 136 Chile 36.3% $16,503 137 Australia 36.1% $59,934 138 Peru 36% $6,692 139 Paraguay 34.6% $5,400 140 Bangladesh 33.9% $2,503 141 Belarus 33.5% $7,304 142 Moldova 32.1% $5,315 143 Comoros 31.1% $1,495 144 New Zealand 30.1% $48,802 145 Saudi Arabia 30% $23,586 146 Guatemala 29.98% $5,026 147 Taiwan 28.2% 148 Kazakhstan 27.4% $10,041 149 Equatorial Guinea 27.1% $8,462 150 Bosnia and Herzegovina 24.8% $6,916 151 Luxembourg 24.5% $135,683 152 Botswana 24.2% $7,348 153 Kosovo 23.34% 154 Haiti 23.1% $1,815 155 Bulgaria 22.9% $11,635 156 Palestine 21.3% $3,664 157 Azerbaijan 18.2% $5,384 158 Russia 18.2% $12,173 159 Estonia 18.1% $27,281 160 Burundi 17% $237 161 Democratic Republic of the Congo 14.7% $584 162 Turkmenistan 8% 163 Afghanistan 7.4% 164 Kuwait 7.1% 165 Cayman Islands 4.5% 166 Brunei 1.9% $31,723 |
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by slowice(m): 1:51pm On Oct 15, 2023 |
We still have a long way to go.... Let's make it to the top where we belong because we are the giant of Africa... The top is our right. I trust awa wonderful president Asiwaju Amoda ogunlere Ebola to take us to that enviable position We sha get there sooner that expected let's keep standing on his |
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by themanderon: 1:56pm On Oct 15, 2023 |
The painful thing is one cannot point to anything these rogues did with the money they borrowed but Nigerians would be made to pay it back through increases in taxes and hyperinflation. |
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by thunderbabs: 1:56pm On Oct 15, 2023 |
Economy wey we suppose don use protest shut down to demand removal of terrible and incompetent leaders but No, agbado comrades dey shout efokanbale Okan yin o ni bale after Emilokan finishes with una. Dey no go teach una |
Re: Nigeria Ranks 4th On World Bank’s Borrowers’ List With $14.3billion Debt by thunderbabs: 1:58pm On Oct 15, 2023 |
Who owns the money the World Bank lends out? So Nigeria na World bank customer Very bad customer with poor credit |
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