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Nairaland Forum / Nairaland / General / Politics / Deep In Debt: Worries Over Nigeria’s Borrowing Spree (9309 Views)
Nigeria’s Borrowing: ‘Trouble’ Imminent, Says Budget Office / Ahmad Lawan: We Will Reduce Level Of Nigeria's Borrowing / CBN Worries Over Low Participation Of South East In Its Intervention Programmes (2) (3) (4)
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Re: Deep In Debt: Worries Over Nigeria’s Borrowing Spree by ufotunang: 5:44pm On Oct 15, 2023 |
What do you expect when you vote old dull men into power |
Re: Deep In Debt: Worries Over Nigeria’s Borrowing Spree by Hemeenworth: 5:46pm On Oct 15, 2023 |
Great2017: Ya all support him Yorubas are the most tribalistic people on planet earth |
Re: Deep In Debt: Worries Over Nigeria’s Borrowing Spree by Angelfrost(m): 5:48pm On Oct 15, 2023 |
ufotunang: First was Cocoa and groundnuts, then oil boom...! These people saved absolutely nothing! Built absolutely no solid institution to yield more economic dividends. They simply squandered and embezzled...! To show you how cursed these nation's leaders and their supporters are... They even kept looting from borrowed money, all in the name of National Projects that had no economic return value. Now, they are begging for more money while begging for debt forgiveness. Forgive and relieve half of the total debts, these corrupt imbeciles will triple the debts in less than a decade. No creativity... No transparency... No economy boosting ideas and policies... NOTHING. Just sharing positions and money among themselves. 2 Likes 1 Share |
Re: Deep In Debt: Worries Over Nigeria’s Borrowing Spree by jojothaiv(m): 5:48pm On Oct 15, 2023 |
The think tanks we have on here say even United States is indebted so our dear country is no exception. |
Re: Deep In Debt: Worries Over Nigeria’s Borrowing Spree by Dogalmighty17: 5:48pm On Oct 15, 2023 |
YorubaKinging:You are monumentally stupid. |
Re: Deep In Debt: Worries Over Nigeria’s Borrowing Spree by Angelfrost(m): 5:51pm On Oct 15, 2023 |
nairalanda1: IMF should have recommended those taxes and stood fully behind Jonathan in 2012 when clowns like the one currently in Power opposed him. That was the best time for these extreme measures, when the standard of living wasn't this nonexistent. Like I asked you the last time... Who exactly do you tax among the over 130 Million adult Nigerians?!!! What is the sustainable earning potential for taxing system without causing anarchy?!! How do you spread the tax net without recourse to opposition and shouts of marginalization?!! Note: I dwell largely on feasibility and plausibility. 1 Like |
Re: Deep In Debt: Worries Over Nigeria’s Borrowing Spree by stevonics: 5:51pm On Oct 15, 2023 |
the organisation or body that gives them the money is the biggest fool. |
Re: Deep In Debt: Worries Over Nigeria’s Borrowing Spree by Believeintruth: 5:57pm On Oct 15, 2023 |
EKONGKING:Your brain is definitely a vacuum with nothing in it 1 Like 1 Share |
Re: Deep In Debt: Worries Over Nigeria’s Borrowing Spree by nairalanda1(m): 5:58pm On Oct 15, 2023 |
Angelfrost: 1.They always have recommended taxes 2.They stood behind GEJ, it is GEJ who decided to take the decision that would get him elected. Same as Buhari did and same as many Nigerian leaders past and present have done. People like Abacha never removed subsidy, because they knew Nigerians do not like it. But good economic polices are not what people like. 3. I know you won't love my answer, and probably get annoyed...but it is either we tax 120 million Nigerians....or we take more and more loans. We don't have a choice or a third way. Fighting corruption would help a lot. AND WE EFFING SHOULD...but the money we get before corruption has its way is already too small, which is why we should treat it as a capital crime. Either we tax, or we take loans, or we pray oil stays above 140 dollars a barrel for the next ten years, and save half of the money we earn and invest it. |
Re: Deep In Debt: Worries Over Nigeria’s Borrowing Spree by Dreamhighnow(m): 5:59pm On Oct 15, 2023 |
CodeTemplar: Trash from another political asslicker |
Re: Deep In Debt: Worries Over Nigeria’s Borrowing Spree by locawin(m): 6:01pm On Oct 15, 2023 |
Like I asked you the last time... Who exactly do you tax among the over 130 Million adult Nigerians?!!! What is the sustainable earning potential for taxing system without causing anarchy?!! How do you spread the tax net without recourse to opposition and shouts of marginalization?!! Note: I dwell largely on feasibility and plausibility |
Re: Deep In Debt: Worries Over Nigeria’s Borrowing Spree by Meerahbel: 6:02pm On Oct 15, 2023 |
nairalanda1:it's a simple question. Good evening |
Re: Deep In Debt: Worries Over Nigeria’s Borrowing Spree by rspy: 6:03pm On Oct 15, 2023 |
stonemasonn: Nigerians and begging sha |
Re: Deep In Debt: Worries Over Nigeria’s Borrowing Spree by Moikiitos: 6:04pm On Oct 15, 2023 |
The ONLY SOLUTION Nigerian leaders knows how to solve problems is to take loans and more loans, Why other good thinking nations are flying, we are learning how to crawl... Omooba77: 1 Like |
Re: Deep In Debt: Worries Over Nigeria’s Borrowing Spree by Meerahbel: 6:04pm On Oct 15, 2023 |
Do you pay your taxes? nairalanda1: |
Re: Deep In Debt: Worries Over Nigeria’s Borrowing Spree by nairalanda1(m): 6:04pm On Oct 15, 2023 |
Meerahbel: No, you just want to call me an oppressor. And at the end, having a discussion with mockers and abusers like you doesn't work for me. Good evening. If you disagree with me, you can do it upfront, without asking rhetorical questions to which you have an answer. Nigerians, 70% of them do not pay tax. It is the fact, and it is a painful one, and it is the truth. You don;t like it? Sorry. |
Re: Deep In Debt: Worries Over Nigeria’s Borrowing Spree by Meerahbel: 6:04pm On Oct 15, 2023 |
Moikiitos:We stagnant. |
Re: Deep In Debt: Worries Over Nigeria’s Borrowing Spree by nairalanda1(m): 6:05pm On Oct 15, 2023 |
Meerahbel: Do you? |
Re: Deep In Debt: Worries Over Nigeria’s Borrowing Spree by Meerahbel: 6:05pm On Oct 15, 2023 |
nairalanda1:I want to believe you are part of the 70% |
Re: Deep In Debt: Worries Over Nigeria’s Borrowing Spree by Meerahbel: 6:06pm On Oct 15, 2023 |
Re: Deep In Debt: Worries Over Nigeria’s Borrowing Spree by nairalanda1(m): 6:06pm On Oct 15, 2023 |
Meerahbel: I also believe you are the King of England, and by the way how is Queen Camilla? 1 Like |
Re: Deep In Debt: Worries Over Nigeria’s Borrowing Spree by rspy: 6:08pm On Oct 15, 2023 |
Meerahbel: The taxes we paid what was it used for? |
Re: Deep In Debt: Worries Over Nigeria’s Borrowing Spree by rspy: 6:10pm On Oct 15, 2023 |
nairalanda1: The government don't have a simple database of its citizens, so how can it track taxes when it can't accurately measure various metrics? |
Re: Deep In Debt: Worries Over Nigeria’s Borrowing Spree by Akwamkpuruamu: 6:11pm On Oct 15, 2023 |
EKONGKING: But your first class Accountant just gave a big nod to importation be delisting the 43 imports not accessible to official forex, what do you make of that? Will that encourage or discourage importation? 1 Like |
Re: Deep In Debt: Worries Over Nigeria’s Borrowing Spree by Meerahbel: 6:14pm On Oct 15, 2023 |
rspy:I know this is where it heading too and the reason most people don't bother paying. |
Re: Deep In Debt: Worries Over Nigeria’s Borrowing Spree by DeAnonymousGuy(m): 6:14pm On Oct 15, 2023 |
Meerahbel: Anybody wey de depend on Nigeria govt to make life easier for am is on a long ride. Our politicians are only out there for themselves. 1 Like |
Re: Deep In Debt: Worries Over Nigeria’s Borrowing Spree by Meerahbel: 6:15pm On Oct 15, 2023 |
nairalanda1:Queen Camilla is not doing bad. |
Re: Deep In Debt: Worries Over Nigeria’s Borrowing Spree by Vision101(m): 6:28pm On Oct 15, 2023 |
@kennyz247 Nigeria is on a time bomb with tinubu on the wheel... D earlier he resign,the better for Nigeria as a country.. @me People are talking of serious economic issue and you are busy talking politics. What is happening is a culmination of several years of planlessness, lack of foresight and reckless lifestyle by the entire nation. Even if you bring a magician we will still have to go through serious pains to turn things around. |
Re: Deep In Debt: Worries Over Nigeria’s Borrowing Spree by Bfly: 6:45pm On Oct 15, 2023 |
Many solutions one problem. Yet, the problem neva go |
Re: Deep In Debt: Worries Over Nigeria’s Borrowing Spree by afube: 6:55pm On Oct 15, 2023 |
Omooba77: See the asinine reasons for sending us borrowing........why not borrow to fund the teaching of fundamentals of washing hands after pooing ! These fulanis and agbado alliance will bury us ...na question of time! |
Re: Deep In Debt: Worries Over Nigeria’s Borrowing Spree by stonemasonn: 7:04pm On Oct 15, 2023 |
kayjay69:Just my 2Cent |
Re: Deep In Debt: Worries Over Nigeria’s Borrowing Spree by MrPOTUS: 7:14pm On Oct 15, 2023 |
stonemasonn: Bro, the issue is, do these old men, especially d president have it in mind to solve the problem of Nigeria? Or just their usual stealing. |
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