₦airaland Forum

Gbese re o

When Buhari's government borrowed some $800m to sustain subsidy and supplement the governments income in 2021.....Pastor Adeboye of Redeemed Christian Church came out openly in one of his sermons to blast the government for borrowing too much. It was an unsolicited criticism of Buharis government

But the old scammer has kept quiet now that someone from his side removed subsidy yet is borrowing much more. Hypocrisy from the pulpit.

I am from SW and not a member of any political party if anyone wants to attack my post above with IPOB/Biafra or losing election nonsense

Agbegbaorogboye:
https://nairametrics.com/2025/04/05/nigerias-total-public-debt-hits-n144-67-trillion-in-december-2024/

Till we can’t pronounce it again in naira😂😂, abhi how you wan pronounce 1000 trillion ?

Wahala b like bicycle trutru 🤣🤲🏻

When Buhari was paying fuel subsidy, our total public debt was 77 trillion naira. Tinubu has removed subsidy, which means he's not paying fuel subsidy, but our public debt has doubled what Buhari left.
Where is the billions they have been saving daily from fuel subsidy removal?

Tinubu will handle economy and shettima will handle security.

We can see result already. I just can't imagine what will be APCs campaign mantra for 2027 election.

blamingthedevil:
Useless op....it actually reduced....why not put the figure and title in Dollars as you guys normally do

Who devalued the naira? 🤣

Lol from the report up there, our debt actually reduced in $$ term.

Anytime they want to make themselves happy, they quote it in naira forgetting that the naira was devalued.

So if tomorrow, Tinubu return subsidy of FX back, we will suddenly be the least indebted country according to quoting in Naira?

I am sure the EDless mob will be happy about this.

blamingthedevil:
Useless op....it actually reduced....why not put the figure and title in Dollars as you guys normally do

Learn to read instead of crying

Nigeria’s external debt rose substantially by 83.89% from N38.22 trillion ($42.50 billion) in December 2023 to N70.29 trillion ($45.78 billion) in December 2024.

LegendHero com and see statistics

Agbegbaorogboye:
Learn to read instead of crying

Nigeria’s external debt rose substantially by 83.89% from N38.22 trillion ($42.50 billion) in December 2023 to N70.29 trillion ($45.78 billion) in December 2024.

LegendHero com and see statistics

Why you no quote this one too?

So our domestic debt reduced from $65billion to $48 billion? God bless Tinubu for bringing the price down.

Please clap for Tinubu

Domestic debt also witnessed considerable growth, increasing by 25.77% from N59.12 trillion ($65.73 billion) at the end of December 2023 to N74.38 trillion ($48.44 billion) in December 2024.

The most painful thing about the debt is what it is being used for and how they go about it. Flyovers, redundant highways, idle airports, and many luxury things that cannot support the repayment of the debt. Buhari's projects are still fresh in our memory so i wonder what is inspiring this govt to borrow and be doing unfeasible projects.

The fixer of Lagoon will fix Nigeria economy 🤣🤣🤣🤣

Agbegbaorogboye:
APC has finished this country

Every Nigerian both young and old, male and female now owe N720,000 per head which is 1000% of the minimum wage

if certain tribe or region want to buy themselves out is it possible.. because I will pay for 100 people

Watch them tell you Nigeria has been owning World Bank even before Emilokan came into office.

What this means is that each Nigerian is owing about 580K per person when you divide 144.67 trillion by 250million Nigerian.
This government we entrusted has really milk us dry.

Agbadorians aka bulabas left the building..

Kingbuhari:
if certain tribe or region want to buy themselves out is it possible.. because I will pay for 100 people

You wey never chop today.

Dzzzz:
You wey never chop today.

I dey abroad dey earn in hard currency nah U wey never see food chop I dey pity .. U think everyone here dey Nigeria dey suffer with you 🤣

Goodness me!!!!

So With this hugeeeeee debt on ground enh,we nor get 🤔

1. Steady electricity 247.
2. Standard hospitals with quality facilities.
3. Good road network.
4. Low cost housing across board.
5. Pipe borne water across board.
6. Better rail system network.
7. Premium education for all.
8. Good security.
9. Better Medicine to treat ourselves.

Who wan pay this debt now?

LegendHero:
Why you no quote this one too?

So our domestic debt reduced from $65billion to $48 billion? God bless Tinubu for bringing the price down.

Please clap for Tinubu

Are domestic debt paid in Dollars?

Kingbuhari:
if certain tribe or region want to buy themselves out is it possible.. because I will pay for 100 people

You go nowhere!!

Kingbuhari:
I dey abroad dey earn in hard currency nah U wey never see food chop I dey pity .. U think everyone here dey Nigeria dey suffer with you 🤣

..Who told you others don’t make money in Nigeria Ode..You travel out no mean say na space you go na mumu..I have a good job in Nigeria,I been to 3 countries in my life so take a chill pill..So far I enjoy life than you..Can you leave your job for one week without asking for leave😂😂them go sack your papa..I leave whenever I want..

LegendHero:
Why you no quote this one too?

So our domestic debt reduced from $65billion to $48 billion? God bless Tinubu for bringing the price down.

Please clap for Tinubu

You should have read further na

The Federal Government’s domestic debt component rose significantly from N53.26 trillion to N70.41 trillion, a growth of 32.19%. This increase reflects the government’s continued reliance on local borrowing to finance budget deficits and infrastructure projects.

Conversely, the domestic debt owed by states and the Federal Capital Territory (FCT) saw a reduction from N5.86 trillion to N3.97 trillion, representing a decline of 32.27%.

The reduction in state-level borrowing indicates a cautious approach by some subnational governments towards debt accumulation within the year.

The credit for domestic debt belongs to the states not Tinubu

Oya repeat after me: God bless our state govs for reducing domestic debt

Ok, so what should we do now?

Ironbull:
Ok, so what should we do now?

Pay zombie
Pay!!

na Buhari and Tinubu debt not Nigerians abeg

Akpabio and Natasha should have concentrated efforts on this

This is incredulous ... Courtesy of Buhari and Tinubu Govt . May the Almighty God hold those involved accountable

Agbegbaorogboye:
You should have read further na

The credit for domestic debt belongs to the states not Tinubu

Oya repeat after me: God bless our state govs for reducing domestic debt

Then read this further too

How much was external debt figure of the Federal before this if you remove state component?

Even looking at the increase, if Tinubu only added $2bn more to our loan since June 2023 and cleared over 8bn in FX backlog, then he is a genius.

The breakdown of external debt shows that the Federal Government accounted for N62.92 trillion ($40.98 billion), while states and the FCT held N7.37 trillion ($4.80 billion).

My comment is tinubu will handle our economy while shitemma will take care of security reno omokri will handle Peter obi na so we dey

Agbegbaorogboye:
Pay zombie
Pay!!

You are the worst zombie infact you are dracular for failing to understand British own Billions pound debt, US in region of trillion dollar and so on.

By the way you are jobless, you have no business, you supported vandalising oil pipelines so what is your usefulness in this society? Zero, then don't complain let us who pay tax complain ok Mr Dracular Zombie father.

Chinike meh woo, so who is expected to pay all this debt, sheh u think say na free, the creditor can come at anytime to claim their funds when time due expires, so which generation will pay this huge amount for God's sake

LegendHero:
Then read this further too

How much was external debt figure of the Federal before this if you remove state component?

Even looking at the increase, if Tinubu only added $2bn more to our loan since June 2023 and cleared over 8bn in FX backlog, then he is a genius.

Lol
Where did you see the delusion that he cleared $8bn?
Are we reading the same thread or you're spilling bunkum from your zombie WhatsApp group