₦airaland Forum

Blazetrailer:
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. Itbwas 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 measage above with IPOB/Biafra or losing election nonsense

omoredia:
Hehe very soon Trump will buy Nigeria for peanuts. It will be better like that. Black people lacks what it takes to properly run a nation

Ironbull:
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.

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


Zero8zero said baba Tinubu so never beg

How do you obtain loans without begging

Blazetrailer:
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. Itbwas 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 measage above with IPOB/Biafra or losing election nonsense

Quarterpast:
By the time Tinubu finishes with Nigeria, Even the devil would be shocked cos nobody will be able to recognize us anymore

SalamRushdie:
Yet one zombie was here saying Tinubu has borrowed yet 😅😅😅😅.mumu ApC

Racoon:
When you see those Tinubu's miscreants trying to paint a picture of untrue realities of the economic state and indebtedness of this nation ehen. Statistics their demigod despised before is what they are trying in futility to manipulate for shore up propaganda

PlasmaTV:
Emilokan
Some clowns 🤡 will come and start defending naked failure. LOL! 🤣

$1 = N1,600. Petrol is inching towards N1k per litre. Every freaking thing is expensive.

The President and his jolly vice have gone on international vacation while the country is crumbling under the weight of their draconian policies.

If we talk, they'll label us *Omo ale, akotileta,* and all other derogatory appellations.

We warned against this government, especially seeing how disastrous Buhari was , but they said that awalokan.

We will all learn economics and statistics eventually.

Selah

Nazgul:
They'll tell us they're making billions on paper, yet they keep on borrowing. Who are they deceiving?

Tinubu is a failure.

Mopolchi:
Our economy under Iragbiji drug lord has been nothing to write home about.

He has put fire 🔥 in the country and ran away to France 🇫🇷 to enjoy himself.

Brendaniel:
That's how Yorubas destroyed Nigeria for tribal supremacy, apologies to those of them who were against this tribal suprmacy bullshit

ResidentSnitch:
Lol...
The so-called economic wizard from Chicago doing what he knows best.
Watch them crazy zombies postulate that Peter Obi would have done worst. Wonder how they can see the future and yet keep voting in the worst set; from Buhari to Druggie.

PheelzAlmighty:
Nigerians are the biggest clowns

zero8zero:
Illiterates, this is a national debt, how much is your state owing?

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).

Agbegbaorogboye:
Zombies no dey read

Agbegbaorogboye:
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

LegendHero:
Lol so you dey live inside village not to know we cleared the FX backlog or what?

Why do you think IATA gave us clearance back?

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

zero8zero:
Oh, so you know it comprises states debts too?. But na Tinubu name you dey mention, what's the name of your Governor, let me help you mention him, illiterate.

LegendHero:
Lol so you dey live inside village not to know we cleared the FX backlog or what?

Why do you think IATA gave us clearance back?

Agbegbaorogboye:
You be zombie ni
Didn't you read the Op at all?
The Federal component of the debt increased [/b]the states reduced[/b]!

Blazetrailer:
Zerobrain 😆 🤣 😂

Did you read part of the report that that stated that thr component of the debts belonging to the states reduced by 32% in the same period while that of FG grew by a huge percentage?

Meaning while the states became more prudent, your stupid and daft FG(which you represent) was responsible for the entire increase.

Now, who is the illiterate here? 😆 🤣 😂 😹

Agbegbaorogboye:
Lol. You mean fx backlog is part of national debt?
This is comedy. When did fx backlog become debt? Who was it borrowed from and what's the rate?

Ok. What of the $3.3bn borrowed through NNPCL and the 2.2bn sovereign bond. You see how you are now?

zero8zero:
The IPOB illiterates are mostly traders.
That is why they call them headless mob.
If they have no head,what would they think with?





















Illiterates, this is a national debt, how much is your state owing?

zero8zero:
I think I will stop replying that guy, he's deliberately mischievous, lying and an unintelligent brat. How can someone lie barefacedly that $7b backlog has not been cleared despite facts all over the internet?.

zero8zero:
The IPOB illiterates are mostly traders.
That is why they call them headless mob.
If they have no head,what would they think with?





















Illiterates, this is a national debt, how much is your state owing?

Agbegbaorogboye:
Lol. You mean fx backlog is part of national debt?
This is comedy. When did fx backlog become debt? Who was it borrowed from and what's the rate?

Ok. What of the $3.3bn borrowed through NNPCL and the 2.2bn sovereign bond. You see how you are now?

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

zero8zero:
Mumu boy


















Illiterates, this is a national debt, how much is your state owing?

Agbegbaorogboye:
Lol. You mean fx backlog is part of national debt?
This is comedy. When did fx backlog become debt? Who was it borrowed from and what's the rate?

Ok. What of the $3.3bn borrowed through NNPCL and the 2.2bn sovereign bond. You see how you are now?

seunmsg:
If you have any iota of sense based on the information already provided to you, you should know by now that Tinubu has significantly reduced our debt and not increased it. Our national debt in dollar terms has gone down and that’s majorly the currency of repayment. The increase in Naira terms of our debt is simply because of the exchange rate difference and not because Tinubu has taken any significant net loan.

We moved our exchange rate from the unrealistic $1/N460 to a market driven $1/N1500 which has now help us to increase our net reserve from $3.9b to $23billion. For sensible folks, they should be excited about the magic Tinubu is doing and not this hate filled Peter Obi kind of ignorant talk.

zero8zero:
Illiterates, this is a national debt, how much is your state owing?

Brendaniel:
That's how Yorubas destroyed Nigeria for tribal supremacy, apologies to those of them who were against this tribal suprmacy bullshit

seunmsg:
If you have any iota of sense based on the information already provided to you, you should know by now that Tinubu has significantly reduced our debt and not increased it. Our national debt in dollar terms has gone down and that’s majorly the currency of repayment. The increase in Naira terms of our debt is simply because of the exchange rate difference and not because Tinubu has taken any significant net loan.

We moved our exchange rate from the unrealistic $1/N460 to a market driven $1/N1500 which has now help us to increase our net reserve from $3.9b to $23billion. For sensible folks, they should be excited about the magic Tinubu is doing and not this hate filled Peter Obi kind of ignorant talk.

Omofaye99:
An educated individual should recognize that a forex backlog significantly affects a country’s debt dynamics. It increases borrowing costs and accelerates currency depreciation, making existing foreign-denominated debt more expensive to service. This situation can ultimately hinder Nigeria's financial stability.

LegendHero:
I was only telling you that even after we cleared $7bn backlog, Tinubu only took our debt 2bn + more.

If you don’t have $$ in reserve enough, you will borrow $$ to clear backlog. How can you not know this simple thing?

Every borrowing we make is part of the external debt. That’s the Federal government total debt.

FG repay loans and then take loans. Below is the breakdown of external debt, you can see the loan from Exim is captured.

Clap for Tinubu abeg. How could be pay $8bn backlog, raise net reserve upward and yet he only borrowed $2bn more in almost 2 years.

E no easy abeg

Agbegbaorogboye:
Baloney!! Fx backlog has nothing to do with national debt. National debt is managed by the DMO not CBN?
Where are you guys popping out of with this rubbish?.
Fx backlog simply means CBN refused to honour demands for fx. It is not debt in any conceivable form except for clowns who are shopping for flowers where there's none.
Fx backlog will hinder Nigeria's financial stability? What clownery