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Nigeria Sinking Into Another Debt Trap - Punch Editorial - Politics (2) - Nairaland

Nairaland ForumNairaland GeneralPoliticsNigeria Sinking Into Another Debt Trap - Punch Editorial (12567 Views)

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Re: Nigeria Sinking Into Another Debt Trap - Punch Editorial by BABANGBALI: 11:14am On Jul 08, 2024
AuntyJolade:
The honest truth. Tinubu's inglorious regime will start witch-hunting the Punch newspaper now. What a tyrannical government.
aunty Jolade ebi npa mi o. Mo fe mu oyan
Re: Nigeria Sinking Into Another Debt Trap - Punch Editorial by Qadaffi2idiamin: 11:16am On Jul 08, 2024
shocked

Where is Reno Omokri the new Alaffin of Oyo?

Or us punch too small to criticize just to hoodwink his subjects here on Nairaland?

I love the regime of this Irabiji born drug dealer.
Re: Nigeria Sinking Into Another Debt Trap - Punch Editorial by AcadaWriter: 11:16am On Jul 08, 2024
;Shiiiiiiiiii !! The Captain is Jagasleeping
Re: Nigeria Sinking Into Another Debt Trap - Punch Editorial by Chikel20000(m): 11:17am On Jul 08, 2024
Curious345:
Lol

Tinubu remains a one term president.. on my dad's grave , I swear that only the hardheaded Yoruba tribalist will vote for him in 2027..

He will not see 2m votes total
be dreaming....we warned u guys ...that guy will never leave presidency
Re: Nigeria Sinking Into Another Debt Trap - Punch Editorial by BABANGBALI: 11:17am On Jul 08, 2024
Curious345:
Lol

Tinubu remains a one term president.. on my dad's grave , I swear that only the hardheaded Yoruba tribalist will vote for him in 2027..

He will not see 2m votes total
Dey play. Same thing happened during Buhari's first term. Nigerians no get brain. Dem go still vote for am, even for third term.
Re: Nigeria Sinking Into Another Debt Trap - Punch Editorial by tctrills: 11:18am On Jul 08, 2024
AdesegunSanni89:
Shior!
Hope you know that the impact of debt on a developed nation is not the same as the impact on a developing nation. Also, developing nations secure debts at a much higher interest rate and under much stricter measures.
Re: Nigeria Sinking Into Another Debt Trap - Punch Editorial by Ironbull: 11:19am On Jul 08, 2024
Mr Punch or Kickboxer then rescue Nigeria since you knows better.

Newspaper compan that have no sense floating propaganda all the time.
Re: Nigeria Sinking Into Another Debt Trap - Punch Editorial by BABANGBALI: 11:21am On Jul 08, 2024
specialmati:
grin grin grin grin grin grin grin grin Nigerians are funny of all the 200million people na criminal una allow to lead una just like allowing one in the name of integrity in 2015.A thief have only one goal .that's to steal grin grin grin grin grin grin unless he changes but can a thief really change.its long I heard he built Lagos from the sea from his demon possessed agberos.by the way where is our nairaland suya guy mannabbqgriIl
mannabbqgrils is now a staff in the villa. Roasting lizards, frogs and toads for them there
Re: Nigeria Sinking Into Another Debt Trap - Punch Editorial by F22RAPTOR(m): 11:22am On Jul 08, 2024
Very useless Government with an extremely clueless, drug sniffiing and trading président. What do you expect ? Borrowing to chop, loot and embezzle. Naira is useless, inflation at an all time high and zombies who have not eaten any good thing in days will be defending like fools.

I never imagined that Nigerians will be missing Bubu despite the fact that he was a cow loving, clueless and senile president who drowned nigeria in debt and insecurity. But bulaba is the worst, he is going to finish this country even before the end of his first tenure... undecided
Re: Nigeria Sinking Into Another Debt Trap - Punch Editorial by F22RAPTOR(m): 11:25am On Jul 08, 2024
Ironbull:
Mr Punch or Kickboxer then rescue Nigeria since you knows better.

Newspaper compan that have no sense floating propaganda all the time.
Dont be deliberately stuppid, where is the propaganda? Is punch the president, holding leaders accountable for counter productive policies has now become propaganda.huh?...Man all of you are maaaadddd.
Re: Nigeria Sinking Into Another Debt Trap - Punch Editorial by specialmati(m): 11:28am On Jul 08, 2024
BABANGBALI:
mannabbqgrils is now a staff in the villa. Roasting lizards, frogs and toads for them there
grin grin grin grin grin grin I thought everyone wants Nigeria to move forward until I meet people like that guy ,I was like who are this people

Re: Nigeria Sinking Into Another Debt Trap - Punch Editorial by goody234: 11:30am On Jul 08, 2024
I hope the punch and other newspaper continue to call out this govt ..the punch editorials are brilliant and catch the pulse of the people ...Govt officials read it before it is too late ....The masses are suffering do something before you cannot contain peoples anger heed this warning !!
Re: Nigeria Sinking Into Another Debt Trap - Punch Editorial by goody234: 11:33am On Jul 08, 2024
Ironbull:
Mr Punch or Kickboxer then rescue Nigeria since you knows better.

Newspaper compan that have no sense floating propaganda all the time.
Ode are you not in this country suffering like everybody else ...The truth is not propaganda the govt has to be accountable and look themselves in the mirror
Re: Nigeria Sinking Into Another Debt Trap - Punch Editorial by faceland: 11:38am On Jul 08, 2024
It is recession. There is simply no money in town.

I hope Tinubu doesn't do what he know/love to do; which is over taxing citizens... Instead ask the thief before him to just return only 10% of Buhari's loot. Even the dollar would come down.
Re: Nigeria Sinking Into Another Debt Trap - Punch Editorial by Ironbull: 11:41am On Jul 08, 2024
goody234:
Ode are you not in this country suffering like everybody else ...The truth is not propaganda the govt has to be accountable and look themselves in the mirror
You are not only ode you re a fool, ozuor, ndiala, slowpoke and nitwit put together.
Re: Nigeria Sinking Into Another Debt Trap - Punch Editorial by Ironbull: 11:43am On Jul 08, 2024
F22RAPTOR:
Dont be deliberately stuppid, where is the propaganda? Is punch the president, holding leaders accountable for counter productive policies has now become propaganda.huh?...Man all of you are maaaadddd.
You are singularly maaaaaad!
Re: Nigeria Sinking Into Another Debt Trap - Punch Editorial by Funkyswagzz(m): 11:43am On Jul 08, 2024
The west is holding tinubu by his balls
Re: Nigeria Sinking Into Another Debt Trap - Punch Editorial by faceland: 11:45am On Jul 08, 2024
Ironbull:
You are not only ode you re a fool, ozuor, ndiala, slowpoke and nitwit put together.
Internet.
I am sure in real life, when people are taking about hunger and you are misyaning, you would be bleeding right now.
Re: Nigeria Sinking Into Another Debt Trap - Punch Editorial by Empresa: 11:48am On Jul 08, 2024
They will now say punch is Obidient
Re: Nigeria Sinking Into Another Debt Trap - Punch Editorial by Bright800(m): 11:49am On Jul 08, 2024
I hate this country called Nigeria, where a citizen will be suffering like slave, in his own country, the suffering in Nigeria is even worst than hellfire
Re: Nigeria Sinking Into Another Debt Trap - Punch Editorial by Augustine2244(m): 11:49am On Jul 08, 2024
Lol! Just see how compound complex aggravated intricate FOOLS both in government and among the masses would come to defend this government of ineptitude,as if the price of a litre of petrol is #95,,bag of rice #7,000 , transportation costs cheaper than ever and inflation totally gone.
They would defend like they are buying foodstuffs, household appliances, groceries, and other items cheaper than ever before.
Re: Nigeria Sinking Into Another Debt Trap - Punch Editorial by VTJN(m): 11:49am On Jul 08, 2024
Chikel20000:
be dreaming....we warned u guys ...that guy will never leave presidency
he doesn't have a choice but to leave if the hardship persist. Rigging cannot do it.
Re: Nigeria Sinking Into Another Debt Trap - Punch Editorial by PointZerom: 11:50am On Jul 08, 2024
Planbest1:
What exactly is Jagaban now doing specially to make Nigeria better.

Cause so far, he has only succeeded in increasing the suffering of the citizens 100X more than he met it.
Have you ever seen any human that didn't attend primary and secondary schools yet graduated with 1st class in economics?

Why won't such human sarcastically HAIL THEE for voting for him?
Re: Nigeria Sinking Into Another Debt Trap - Punch Editorial by ednut1(m): 11:51am On Jul 08, 2024
Saraki was the last real Senate president. Lawan and akpabio are clowns
Re: Nigeria Sinking Into Another Debt Trap - Punch Editorial by Ironbull: 11:51am On Jul 08, 2024
faceland:
Internet.
I am sure in real life, when people are taking about hunger and you are misyaning, you would be bleeding right now.
Go say that to your fellow obidients in way far from your no future calibres who are so lazy only to be waiting for one govt or politician to come and help them or spoon feed them.
Re: Nigeria Sinking Into Another Debt Trap - Punch Editorial by lexy2014: 11:52am On Jul 08, 2024
Ironbull:
Mr Punch or Kickboxer then rescue Nigeria since you knows better.

Newspaper compan that have no sense floating propaganda all the time.
what is the job of the news media? is it the same as the job of the president?

what is the propaganda that has been floated?
Re: Nigeria Sinking Into Another Debt Trap - Punch Editorial by VTJN(m): 11:52am On Jul 08, 2024
Ironbull:
You are not only ode you re a fool, ozuor, ndiala, slowpoke and nitwit put together.
if people catch you for public defending this failed government eh. You go too collect beating
Re: Nigeria Sinking Into Another Debt Trap - Punch Editorial by faceland: 11:52am On Jul 08, 2024
Ironbull:
Go say that to your fellow obidients in way far from your no future calibres who are so lazy only to be waiting for one govt or politician to come and help them or spoon feed them.
Claim down Rambo.
Re: Nigeria Sinking Into Another Debt Trap - Punch Editorial by lexy2014: 11:53am On Jul 08, 2024
BABANGBALI:
mannabbqgrils is now a staff in the villa. Roasting lizards, frogs and toads for them there
Re: Nigeria Sinking Into Another Debt Trap - Punch Editorial by Chikel20000(m): 12:05pm On Jul 08, 2024
VTJN:
he doesn't have a choice but to leave if the hardship persist. Rigging cannot do it.
the last one was rigged...what did u do about it?
Re: Nigeria Sinking Into Another Debt Trap - Punch Editorial by Okechinwadike: 12:05pm On Jul 08, 2024
ResidentSnitch:
Tinubu is the best the Ronu bandits could present. According to them, he's far better than Osibanjo, Akinwumi Adesina, infact, all the elites and technocrats from Yoruba. That's exactly why they presented him. He is their best.
a master strategist that will handle the economy while shettima security
Re: Nigeria Sinking Into Another Debt Trap - Punch Editorial by nairalanda1(m): 12:10pm On Jul 08, 2024
We are in debt perpetually because 80% of our revenue comes from oil.

Also, our tax to gdp ratio is about 10%...that's too low.

Also, oil revenue comes from less than 2 million barrels per day. That's good for a nation of 12 million not a nation of 260 million and growing (and sorry muh fellow BIafrans, not enough for a nation of 100 million ).

At the end the way forward is

1 Taxes. (Yes I know, taxes)

2.Cutting government cost...but it won't do much. (But even then, it has to be done)


3. Nigeria must become an exporter of manufactured goods and services.

APC Is not doing nos 2 and 3. Instead...we will increase oil production to 4 million bpd...(wondeful, until we realize that it does not do much either).

Dutch disease.
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