₦airaland Forum

Nonsense Agbadorian talk. Three successive PDP governments after 16 years left debt at $10.6 billion dollars and a useless Bihari, Tinubu APC government in 9 years incurred over $80 billion dollars.

Read, comprehend and reason before you talk now!

TimeManager:
OBJ cleared our debts only to take another round of debts with the help of Okonjo Iweala as the errand girl. They kept it a secret from Nigerians yet same man saying some leaders ought to be behind bar, whereas in a saner clime, he'd be spending the remainder of his life in jail. Jagaban has come to carry a heavy burden and only the brave could throw himself into a deep ocean to rescue a sinking nation. Only the wise would understand, not the gullible and emotional nitwits. So far, Jagaban has been able to reduce our revenue-debt ration from 98% to 67%. There're only better days ahead.

-Kiss the truth!

zeuss:
Oga na only interest then pay.....the principal still dey kampe

You are dumb

Biodun556:
Buhari was borrowing because he did not want to offend Nigerians by removing fuel Subsidy


Buhari was borrowing to pay fuel Subsidy

He was borrowing for his family and friends. The was borrowing for imaginary projects and never explicitly said subsidy. Subsidy is in the national budget. Our former president and petroleum minister was a wicked thief.

adamusuleiman3:
https://punchng.com/fg-repaying-69-loans-obtained-by-ex-presidents-wbank-declares/

Now let us tell ourselves the truth, are we supposed to be protesting?? Are we supposed to be calling this man names like Ebola and all manner of names?

You want to seceed after taking loans right? Or after the loans have been paid??

Let your conscience be your answer.

Long live Jigga!
Long Live the Federal Republic of Nigeria!!
Long live CAPFIS!!!

adamusuleiman3:
https://punchng.com/fg-repaying-69-loans-obtained-by-ex-presidents-wbank-declares/

Normally, the likelihood that this news fit be lie is 101%.

Let’s not forget it’s APC.

TopBanter:
This is the bottom line. Take Nairaland. It is a cauldron of negativity, sadism and deliberate effort of the majority to promote a narrative of doom and gloom.

It is why I personally don't start too many threads about Government initiatives here, even though I have a lot of information at all times.

In fact I'd probably have a million dollars if I gained ten dollars every time someone here has said "we don't want talk, we want action" yet the fact is that there is a lot of positive action underway most Nigerians are simply disinterested in noting let alone acknowledge publicly.

Worse are those who are informed yet will even deliberately spin negative narratives in effort to damage the image of the Tinubu Government.Eg hardened, hateful and bitter Nairaland obidients like Racoon etal. Useless fellows.

Factual truth is that Tinubu has a humongous amount of initiatives being driven by young and proven technocrats many Nigerians do not wish to familriase themselves with.

How many know of the national technology hub initiatives of Minister of Communications, Innovation and Digital Economy, Bosun Tijani, till one of the hubs, about to open formally, was destroyed by Kano protestors?

Definitely, Government has to work harder to connect with and carry Nigerians along in awareness of governance efforts yet one has to acknowledge saboteurs desperate to push negative narratives for their own nefarious agendas. Nigerians are some of the most wicked, hateful and toxic people on Earth


https://www.google.com/amp/s/punchng.com/protesters-burn-fgs-technology-hub-in-kano/%3famp

Shut up there. You don’t have any information because nothing is happening.

Who you Dey whine? How come you’re the only one with special knowledge of what is happening/ going on?

That was the same thing you lots were saying about Buhari for 8 years. See where we Dey now.

After the tenure of this disaster, you’ll jump ship and tell us cock and bull stories like you doing about Buhari that you supported

It might just take time, but thunder go still fire all of Una.

richeeyo:
You are dumb

Why !

cucumbar:
Shut up there. You don’t have any information because nothing is happening.

Who you Dey whine? How come you’re the only one with special knowledge of what is happening/ going on?

That was the same thing you lots were saying about Buhari for 8 years. See where we Dey now.

After the tenure of this disaster, you’ll jump ship and tell us cock and bull stories like you doing about Buhari that you supported

It might just take time, but thunder go still fire all of Una.

Clown. You're a loser pal. Face your front and keep losing.

Believeintruth:
Who was governor of Lagos when the Lagos metropolitan fund loan was taken? See you people should own up and take responsibility. Let Tinubu do his job and stop making excuses.

If I say you are idiot they will say I'm rude. We are talking of Fed Govt servicing 69 Loans since 2003 and you are talking about Tinubu when he was a governor, are you alright? Was Obi not a governor before? Was Tinubu governor General loft Nigria like the bitch calle Lord Luggards? Wht has Lagos have to do with Fed Govt servicing 69 Loans?

Pls if you lack brain then go seek for one or borrow one.

TimeManager:
OBJ cleared our debts only to take another round of debts with the help of Okonjo Iweala as the errand girl. They kept it a secret from Nigerians yet same man saying some leaders ought to be behind bar, whereas in a saner clime, he'd be spending the remainder of his life in jail. Jagaban has come to carry a heavy burden and only the brave could throw himself into a deep ocean to rescue a sinking nation. Only the wise would understand, not the gullible and emotional nitwits. So far, Jagaban has been able to reduce our revenue-debt ration from 98% to 67%. There're only better days ahead.

-Kiss the truth!

Olobo analyst. Obj paid off Paris Club debt and established DMO to track FG and state loans. GMB borrowed in 4 yrs what OBJ paid back to Paris. In 4yrs,
OBJ saved $19bn cash to be paid to Paris Club for debt forgiveness l…

Ttalk:
It is annoying to see the so-called educated illiterate abusing Tinubu up and down as their brain can't fathom the enormous challenges faced by this government

So there are enormous challenges faced by the government yet they insisted on frivolties like yatch, presidential jet, exotic vehicles etc that gulps hundreds of millions.

And u are surprised why Tinubu is being criticized

adamusuleiman3:
https://punchng.com/fg-repaying-69-loans-obtained-by-ex-presidents-wbank-declares/

Paying back loan is not even the issue, what the loan is been used for is the question we ought to be asking our leaders both present and past.

sIfioksq:
This is a responsible move by the FG. It's crucial to address past debts to ensure a stable financial future for the country.

And Tinubu's debt will be handed to the government

If Bola pay #1 loan him go collect 1bilion loan .

Nonsense. Tinubu looking for excuses! FG has been repaying loans from time immemorial from Previous regimes. This is not new

alphaNomega:
if the politicians stopped stealing, we would have been debt free even before GEJ's government ended. Alas, he said stealing is not corruption.

GEJ's governement was riled with policies that didn't really improve standard of living or economic potential of Nigeria. it was too bad. Then Nigerians went for Buhari.... omo we have suffered

Bro, everything was fine until APC came to power.

Tinubu endorsed Buhari and brainwashed S)W to vote for him . He said nothing when Buhari was mismanaging the economy because he had a plan to take over from him.

Snatch it and run with it! That was part of the script with the Ajala traveler called Buhari

TimeManager:
OBJ cleared our debts only to take another round of debts with the help of Okonjo Iweala as the errand girl. They kept it a secret from Nigerians yet same man saying some leaders ought to be behind bar, whereas in a saner clime, he'd be spending the remainder of his life in jail. Jagaban has come to carry a heavy burden and only the brave could throw himself into a deep ocean to rescue a sinking nation. Only the wise would understand, not the gullible and emotional nitwits. So far, Jagaban has been able to reduce our revenue-debt ratio from 98% to 67%. There're only better days ahead.

-Kiss the truth!

Blame, blame and blame.

Ineffectual lots.

okomile:
We go pay

We go borrow more

We go owe everywhere there is money.
We move,others will pay

Who go help me relocate to Rwanda bayi

Why don't you just relocate to coutonou or Ghana instead. They are close bye. It is still JAPA naa.

alphaNomega:
if the politicians stopped stealing, we would have been debt free even before GEJ's government ended. Alas, he said stealing is not corruption.

GEJ's governement was riled with policies that didn't really improve standard of living or economic potential of Nigeria. it was too bad. Then Nigerians went for Buhari.... omo we have suffered

Abeg leave GEJ out of this. The people you voted haven't done better, thus making him a genius. Look at the people that made up his cabinet and compare them with these people

Teenaira:
Why don't you just relocate to coutonou or Ghana instead. They are close bye. It is still JAPA naa.

Na faraway I want oooooo


U wan sponsor the trip

Ebigwei007:
lolz, during the time of obj, when okonji eweala was the minister of finance, our debt was paid, so they shouldn't add obj and as at jona time, our debt was 16billion naira

It was only the PARIS CLUB debt that was cleared by obj.
U understand?

TimeManager:
OBJ cleared our debts only to take another round of debts with the help of Okonjo Iweala as the errand girl. They kept it a secret from Nigerians yet same man saying some leaders ought to be behind bar, whereas in a saner clime, he'd be spending the remainder of his life in jail. Jagaban has come to carry a heavy burden and only the brave could throw himself into a deep ocean to rescue a sinking nation. Only the wise would understand, not the gullible and emotional nitwits. So far, Jagaban has been able to reduce our revenue-debt ratio from 98% to 67%. There're only better days ahead.

-Kiss the truth!

you are very correct. They keep hyping okonjo iweala who Obasanjo used to borrow money again,after they both cleared the initial debts. Under Jonathan she was also the finance minister and still Jonathan was reckless in spending and borrowing .She would have remain the minister of finance if Jonathan was re elected. She is at the WTO and I can really say what is the benefit of Nigeria from her. Adesina of AFDB has done souch for the country. Within a year, kemi Adeosun discovered many ghost workers and lay them off and that was the same position okonjo held for more than eight years and could not detect it. NYSC saga was a plot by cabals to get her out of the system. She was already sanitizing the finance ministry. A star can't be hidden. Soludo was exceptional as CBN governor. He saved Nigerian's from losing their money in weak banks. It's consolidation made some Nigeria banks to be among the best in African.

Yankee101:
Tinubu and Buhari are the biggest culprits

Just to read becomes problems yet many of you are protesting for good governance with laziness and blames mentality.

adekolaelect:
Just to read becomes problems yet many of you are protesting for good governance with laziness and blames mentality.

Saturday PUNCH gathered that part of the foreign debt was the $4.95bn in loans obtained by the current administration in its first 12 months, just as the Central Bank of Nigeria said a total of $15.55bn had been spent on debt servicing between 2019 and 2024.

Some of the loans obtained during this period are the Lagos Metropolitan Development and Governance ($200m)


Read through

TimeManager:
OBJ cleared our debts only to take another round of debts with the help of Okonjo Iweala as the errand girl. They kept it a secret from Nigerians yet same man saying some leaders ought to be behind bar, whereas in a saner clime, he'd be spending the remainder of his life in jail. Jagaban has come to carry a heavy burden and only the brave could throw himself into a deep ocean to rescue a sinking nation. Only the wise would understand, not the gullible and emotional nitwits. So far, Jagaban has been able to reduce our revenue-debt ratio from 98% to 67%. There're only better days ahead.

-Kiss the truth!

you have spoken well,it is well with Nigeria

Yankee101:
Saturday PUNCH gathered that part of the foreign debt was the $4.95bn in loans obtained by the current administration in its first 12 months, just as the Central Bank of Nigeria said a total of $15.55bn had been spent on debt servicing between 2019 and 2024.

Some of the loans obtained during this period are the Lagos Metropolitan Development and Governance ($200m)


Read through

my point was not to blame a specific president but all of them BCS they were all with bad attitude of borrowing to steal in the name of governance . But I was surprised seen you mentioned only Two president . This made me think you are just talk on party politics which is not our problems but bad attitudes of our political leaders in Nigeria . They only have different political parties during elections but when it comes to steal they are united.

And how many loans have this FG collect and would have collected after 8 years? Make they pay. No be OBJ whom they feel they better pass, pay all loan repayments during his time. Pay sharp sharp

Jayhome24:
If I say you are idiot they will say I'm rude. We are talking of Fed Govt servicing 69 Loans since 2003 and you are talking about Tinubu when he was a governor, are you alright? Was Obi not a governor before? Was Tinubu governor General loft Nigria like the bitch calle Lord Luggards? Wht has Lagos have to do with Fed Govt servicing 69 Loans?

Pls if you lack brain then go seek for one or borrow one.

Oga you are the idiot here. The loans that are talked about are not loans taken by FG alone. In 2003 a loan was taken for Lagos metropolitan fund, please remind me who was the governor then?

Your case is so bad in that sense has been running to catch you, but unfortunately you are faster.

Believeintruth:
Oga you are the idiot here. The loans that are talked about are not loans taken by FG alone. In 2003 a loan was taken for Lagos metropolitan fund, please remind me who was the governor then?

Your case is so bad in that sense has been running to catch you, but unfortunately you are faster.

Another one talking from his anus. So only that of Lagos under Tinubu your main headache?

Hello Mr man pls go get good reasoning mental status before engaging me in political discusion pls.

Good day.

nairalee:
So there are enormous challenges faced by the government yet they insisted on frivolties like yatch, presidential jet, exotic vehicles etc that gulps hundreds of millions.

And u are surprised why Tinubu is being criticized

Does Tinubu has control over. NASS budget?

Show me the place where Tinubu budgeted for Yatch in 2024 budget being his first budget?