femi4:
That's not even the issue ...Did the government give them 10kobo when they were japaing

helinues:


Hatred don't make someone to grow far in life

Makunahatata:
keep shut idiot

helinues:


Hatred don't make someone to grow far in life

Buccalcavity2:
People just wake up and criticize their country mindlessly just because their candidate or kinsman lost an election.
How is this different from any Eurobond? And since it's existence, have you ever heard that Nigeria defaulted on its obligations?
I desire quality opposition not all these censorious Dundeez!

sonnie10:
If someone lives abroad, they will borrow 100 dollars at #1050 and send to invest. Tomorrow dollar will increase to #1600.
That your $100 will turn to $62. On top of that your will still pay interest on the borrowed money
Let’s not even talk about the possibility of losing the money due to poor management and corruption.

I am out! That is why sheyi Tinubu would rather buy houses in London.

Cindypresh:


Agbado mobs and insult are 5&6

Tufiakwa

lrdval:
ATTRACT AND IT WILL BE STOLEN. JUST AS THE 2b EXTERNAL RESERVE USED IN SAVING NAIRA. REPORT SAYS ONLY 500m was visible in the exchange market. Where did $1.5b went to. People don’t really know that this government is already finished. You are expecting ice block in hell fire

IfnobeGod20:

No reasonable person invest in an unstable economy. It's only a person that doesn't study the inflow of a business that will sheepishly put his hard earned money into a business.
Don't think people are Dundees and they will just take their money and deposit it with government without studying the trend of Nigeria economy.
Be deceiving yourself thinking you're wiser. No patriotism in business, people calculate risk before entering a business, except you're not a business person.

Racoon:
https://www.bloomberg.com/news/articles/2024-04-26/nigeria-plans-a-10-billion-diaspora-fund-to-attract-dollar-inflows?utm_campaign=socialflow-organic&utm_source=twitter&utm_content=africa&utm_medium=social&cmpid%3D=socialflow-twitter-africa

Buccalcavity2:

My comment was for people who are familiar with Eurobond. My last check shows Nigerian Eurobond was fully subscribed!
Nay sayers (whose candidate lost) can keep being censorious.

IfnobeGod20:

.

Racoon:
https://www.bloomberg.com/news/articles/2024-04-26/nigeria-plans-a-10-billion-diaspora-fund-to-attract-dollar-inflows?utm_campaign=socialflow-organic&utm_source=twitter&utm_content=africa&utm_medium=social&cmpid%3D=socialflow-twitter-africa

PepeXKermit:


on an aside, FG don dey beg for money for diasporans. Money wey them go reloot. They want ordinary citizens to sacrifice and make hard contributions but they are not ready to sacrifice anything. ... Nde Ara!

Buccalcavity2:

You are the one that is fixated on your conclusions.
I have stated historical perspective. The last Nigerian Eurobond issued (issued 2022 Dec) was fully subscribed. The specific risk element you are alluding to are country&repayment risk and I have told you to cite example of Nigeria defaulting. None!
Nigeria sufficiently displayed her capacity in 2024 to settle all due obligations (in local and foreign currencies). So what empirical evidence do you have to dissuade investors? None, except emotions!
The next Eurobond is in June'24 and we shall see. And with the inflow of institutional funds into capital market in recent times (please fact check with market volume, demonstrating confidence), my guess is that the Eurobond issuance is gonna be successful.
FDIs are long term funds that do not work like plug and play you described, anywhere in the world.
I'm not against your hesitation to invest (it's your right) but please have reasonable basis. Not pedestrian gists; which is why I desire quality opposition to the current government.

Makunahatata:
if e pain u ,goan die...ur papa criminal

aswani:


At the text in bold, no one is begging money from you.

Similar system's exists in both US and UK were citizens put money into "long term" government bonds in order to help boost the economy.

If you have to give, do so, if you have and don't wish to, keep your money. No need to try and badmouth something that will be good for the country and it's people's, when succesfully implemented, simply because Peter Obi lost an election.

aswani:


At the text in bold, no one is begging money from you.

Similar system's exists in both US and UK were citizens put money into "long term" government bonds in order to help boost the economy.

If you have to give, do so, if you have and don't wish to, keep your money. No need to try and badmouth something that will be good for the country and it's people's, when succesfully implemented, simply because Peter Obi lost an election.

PepeXKermit:


This is not a bond but trust fund

IfnobeGod20:

Settling of financial obligations by dipping into foreign reserve is what you're celebrating. Please who do us this? That Nigeria cannot settle her debt until it dip into her reserve, meaning we are not productive at all to meet financial obligations. The reserve that serves and give confidence to investors to come and invest is what our government depleting and you're celebrating. God why this country I am in?

There is no need of too much ngbatingbati, the business has been set out, let us see the number of people that will key in. I shall come to refresh this thread in the middle of next month, so that we can stop this forth and back.

aswani:
■ Hope our Obidient friends abroad will pour some money into this fund like they did into LP, this time the use of their money would at least be poperly audited instead of the brazen looting that was done to it by certain people (I nor mention anybodi name ó, make una allowed me).
By the way, where is the election expenses report that a cetain Presidential candidate promised to release to prove his Sainthood status to his followers and the rest of us doubting Thomases? Has that been swept under the carpet, ńa wa?

Kobojunkie:
Stop lying! You mean the way the $2.1 Billion that was siphoned out of the reserves for about a month was properly audited? Cut the bull! 🤣🤣🤣🤣🤣🤣🤣🤣🤣

aswani:
■ Are you OK at all Anti? It's a rhetorical question, don't bother answering. W[b]hat the hell concerns me with 2.1 Billion BS siphoned out from wherever?[/b] Did Peter Obi and his merry band of thieves audit the money Obidients, especially those from abroad, donated? Are existing reserves and money from individuals, trust funds, organisations etc the same? How do you know the government wouldn't sell these bonds through brokerages who have to provide yearly or whatever period account updates to their customers. You get luck sha say mods dey dis section. I for don tok sense inside ya head well well.