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Nigeria’s Total Public Debt Hits ₦‎144.67 Trillion In December 2024 - Politics (4) - Nairaland

Nairaland ForumNairaland GeneralPoliticsNigeria’s Total Public Debt Hits ₦‎144.67 Trillion In December 2024 (6405 Views)

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Re: Nigeria’s Total Public Debt Hits ₦‎144.67 Trillion In December 2024 by Blazetrailer:
😆 🤣 😂.....guy, relax and hide your head in shame.

Dont try and coin anything after being found out to be a stark illiterate.

I dont even blame people like you, I blame those who engaged, discussed and related with those of you pro APC BOTs here on nairaland and and still found you worthy enough to employ illiterates and buffoons that are only good for arguing with touts at news vendor stands at bus stops as their spokemoutu or defenders in public. Were they blind and deaf?

You are all illiterates....as you have exhibited here.... zerobrain... 😆 🤣



zero8zero:
Before nko?, I thought you would say we have zero states debts, illiterate.
Re: Nigeria’s Total Public Debt Hits ₦‎144.67 Trillion In December 2024 by PlasmaTV: 12:23am On Apr 06, 2025
zero8zero:
Illiterates, this is a national debt, how much is your state owing?
Oponu
Re: Nigeria’s Total Public Debt Hits ₦‎144.67 Trillion In December 2024 by tunapawizzy: 1:26am On Apr 06, 2025
population 228million...debt per head 634,518naira
Re: Nigeria’s Total Public Debt Hits ₦‎144.67 Trillion In December 2024 by IbnB: 1:28am On Apr 06, 2025
Re: Nigeria’s Total Public Debt Hits ₦‎144.67 Trillion In December 2024 by Emedu(m): 3:12am On Apr 06, 2025
Devaluation responsible. There is a drop from 108.23 to 97.34 billion dollar



Nigeria’s total public debt rose to N144.67 trillion ($94.23 billion) as of December 31, 2024, reflecting a significant increase of 48.58% compared to N97.34 trillion ($108.23 billion) recorded at the end of December 2023.
Re: Nigeria’s Total Public Debt Hits ₦‎144.67 Trillion In December 2024 by LegendHero(m): 3:48am On Apr 06, 2025
Agbegbaorogboye:
Is it 7bn or 8bn now? So why didn't Buhari borrow to clear the backlog?

If every borrowing is part of national debt why is the $3.3bn NNPCL loan not being counted as part of national debt?

And stop fooling yourself. Your picture is 2022. Was Tinubu president then? Eximbank is China not Afreximbank
Stop disgracing yourself abeg
If you add the IATA backlog that was added, it’ll be the $8bn.

Afriexim bank is a different kind of loan. It is an oil backed loan and that is what we say when we say we’ve sold our crude into the future. We have arrangement with them and it’s our crude output that we give certain part to them.

Below is our outstanding loan as at Dec 2023. The 2024 December own is not yet out.

All our external conventional loan is categorized as external debt.

Re: Nigeria’s Total Public Debt Hits ₦‎144.67 Trillion In December 2024 by Brendaniel: 10:11am On Apr 06, 2025
sulaak:
A Yoruba man, OBJ, cleared Nigeria's debt in 2005. Buhari increased the external debt from $10 billion to $47 billion. Tinubu may fail, but he has only added $6 billion to Nigeria's debt profile.

You can play the ethnic and tribal card all you like but I bet Yoruba people will prefer to be out of the shithole country. You can keep your Tinubu and Nigeria.
OBJ played national politics which paid Nigeria better than Tinubu who played tribal politics, yet most Yourubas love Tinubu more than OBJ...
Re: Nigeria’s Total Public Debt Hits ₦‎144.67 Trillion In December 2024 by Brendaniel: 10:13am On Apr 06, 2025
zero8zero:
Illiterates, this is a national debt, how much is your state owing?
Nothing like illiterates here, what has Tinbu improved in Nigeria since he got into power?
Re: Nigeria’s Total Public Debt Hits ₦‎144.67 Trillion In December 2024 by Agbegbaorogboye(op): 10:37am On Apr 06, 2025
LegendHero:
If you add the IATA backlog that was added, it’ll be the $8bn.

Afriexim bank is a different kind of loan. It is an oil backed loan and that is what we say when we say we’ve sold our crude into the future. We have arrangement with them and it’s our crude output that we give certain part to them.

Below is our outstanding loan as at Dec 2023. The 2024 December own is not yet out.

All our external conventional loan is categorized as external debt.
I did not see the $8bn fx backlog in this your picture from statisense
And the $3bn Afdb loan is also not reflecting
How do we explain it
Re: Nigeria’s Total Public Debt Hits ₦‎144.67 Trillion In December 2024 by LegendHero(m): 2:32pm On Apr 06, 2025
Agbegbaorogboye:
I did not see the $8bn fx backlog in this your picture from statisense
And the $3bn Afdb loan is also not reflecting
How do we explain it
Lol are you this slow. Why will FX backlog show as an item on the external loan. Are you paying backlog to banks or to businesses?

AFDB is same as Africa Devt bank group. It is reflecting under multilateral loan and the second item.

Seems you are slower than I thought.

Re: Nigeria’s Total Public Debt Hits ₦‎144.67 Trillion In December 2024 by Agbegbaorogboye(op): 5:24pm On Apr 06, 2025
LegendHero:
Lol are you this slow. Why will FX backlog show as an item on the external loan. Are you paying backlog to banks or to businesses?

AFDB is same as Africa Devt bank group. It is reflecting under multilateral loan and the second item.

Seems you are slower than I thought.
You claimed fx backlog is part of debts Tinubu has been paying. Now you're saying fx backlog is not an item on the external loan. So why did you declare payment of fx backlog as payments of loans before? Are you confused or mischievous?

Juxtapose your 2022 screenshot below with 2024 you posted. The AfdB item value is largely unchanged. I think you're the one who is slow here seeing how you're running around like a headless chicken and throwing yourself in a web of confusion.

The 2023 loan which was disbursed in 2024 is in NNPC books not DMO dummy

Re: Nigeria’s Total Public Debt Hits ₦‎144.67 Trillion In December 2024 by sulaak(m): 5:52pm On Apr 06, 2025
Brendaniel:
OBJ played national politics which paid Nigeria better than Tinubu who played tribal politics, yet most Yourubas love Tinubu more than OBJ...
So you have counted the 47 million Yorubas that love or hate Tinubu.

You want to believe that Yoruba have a preference for Tinubu because in your heart, you are a tribalist that despises Yoruba people.


Fewer than 3 million Yoruba people voted for Tinubu in 2023.
Re: Nigeria’s Total Public Debt Hits ₦‎144.67 Trillion In December 2024 by Brendaniel: 6:18pm On Apr 06, 2025
sulaak:
So you have counted the 47 million Yorubas that love or hate Tinubu.

You want to believe that Yoruba have a preference for Tinubu because in your heart, you are a tribalist that despises Yoruba people.


Fewer than 3 million Yoruba people voted for Tinubu in 2023.
So are you saying Yorubas love OBJ more than Tinubu?
Re: Nigeria’s Total Public Debt Hits ₦‎144.67 Trillion In December 2024 by LegendHero(m): 1:47am On Apr 07, 2025
Agbegbaorogboye:
You claimed fx backlog is part of debts Tinubu has been paying. Now you're saying fx backlog is not an item on the external loan. So why did you declare payment of fx backlog as payments of loans before? Are you confused or mischievous?
Don’t play dumb. I only said Tinubu should be praised for clearing the FX backlog of $8bn and not breaking the bank by borrowing loan and only increase our external debt by $2bn in 2 years.

Where did I declare it as part of loan? Go and check my first mention of FX backlog and see what I wrote.

Juxtapose your 2022 screenshot below with 2024 you posted. The AfdB item value is largely unchanged. I think you're the one who is slow here seeing how you're running around like a headless chicken and throwing yourself in a web of confusion.
How am I slow if the value remain unchanged with few million in difference? How is that my fault?

The 2023 loan which was disbursed in 2024 is in NNPC books not DMO dummy
Don’t be dumb. Every loan you take from external body is on the neck of the federal government because they are the one that guarantee such loan. Even if state take an external loan, it will be still backed by the federal government.

Go and take some education on how sovereign nation work and how debt is profiled.
Re: Nigeria’s Total Public Debt Hits ₦‎144.67 Trillion In December 2024 by sulaak(m): 2:21am On Apr 07, 2025
Brendaniel:
So are you saying Yorubas love OBJ more than Tinubu?
More Yoruba voted for OBJ than for Tinubu. Yoruba, like any other ethnic group, prefer good government over a useless government. I doubt that majority of Yoruba will prefer Tinubu.


Yoruba's may not want Igbos or Fulani's leadership for good reason
Re: Nigeria’s Total Public Debt Hits ₦‎144.67 Trillion In December 2024 by Brendaniel: 5:54am On Apr 07, 2025
sulaak:
More Yoruba voted for OBJ than for Tinubu. Yoruba, like any other ethnic group, prefer good government over a useless government. I doubt that majority of Yoruba will prefer Tinubu.


Yoruba's may not want Igbos or Fulani's leadership for good reason
So why did Yorubas support a Fulani man twice for 8 years even when he was destroying the country and his Fulani people were busy killing your people in your lands?
Re: Nigeria’s Total Public Debt Hits ₦‎144.67 Trillion In December 2024 by sulaak(m): 7:13am On Apr 07, 2025
Brendaniel:
So why did Yorubas support a Fulani man twice for 8 years even when he was destroying the country and his Fulani people were busy killing your people in your lands?
In 2015, the vote was to remove PDP and replace it with a coalition. GEJ did nothing for the SW to warrant their support. All of Nigeria now regrets replacing GEJ with Buhari.

In 2019, the election was between two Fulanis leaders.
Re: Nigeria’s Total Public Debt Hits ₦‎144.67 Trillion In December 2024 by Agbegbaorogboye(op): 9:14am On Apr 07, 2025
LegendHero:
Don’t play dumb. I only said Tinubu should be praised for clearing the FX backlog of $8bn and not breaking the bank by borrowing loan and only increase our external debt by $2bn in 2 years.

Where did I declare it as part of loan? Go and check my first mention of FX backlog and see what I wrote.


How am I slow if the value remain unchanged with few million in difference? How is that my fault?


Don’t be dumb. Every loan you take from external body is on the neck of the federal government because they are the one that guarantee such loan. Even if state take an external loan, it will be still backed by the federal government.

Go and take some education on how sovereign nation work and how debt is profiled.
But he cleared fx backlog with loans. And what is the relationship between fx backlog and national debt.

This thread was about national debt not fx backlog. You did a plus-minus and said overall he has not borrowed because he cleared fx backlogs. Now you're saying you never claimed fx backlog as part of loans. You're very confused.

You can't explain how the Afdb loan remained unchanged since 2022 from your own pics yet you're claiming that every loan is on FG. FYI, every FG loan must be approved by the legislature including those from the state. The NNPC-AfdB loan was never tabled before NASS.

So stop disgracing yourself here.
Re: Nigeria’s Total Public Debt Hits ₦‎144.67 Trillion In December 2024 by Brendaniel: 10:05am On Apr 07, 2025
sulaak:
In 2015, the vote was to remove PDP and replace it with a coalition. GEJ did nothing for the SW to warrant their support. All of Nigeria now regrets replacing GEJ with Buhari.

In 2019, the election was between two Fulanis leaders.
So what did Buhari do for the southwest that warranted a reelection for him since that is your excuse for removing Jonathan...

Didn't Buhari do worse than Jonathan by allowing his kinsmen kill Yorubas in thousands in Yorubaland, so why then did you people reward him with a reelection even when he performed worse than Johnathan and did worse to the Yorubas than Jonathan?
Re: Nigeria’s Total Public Debt Hits ₦‎144.67 Trillion In December 2024 by sulaak(m): 3:45pm On Apr 07, 2025
Brendaniel:
So what did Buhari do for the southwest that warranted a reelection for him since that is your excuse for removing Jonathan...

Didn't Buhari do worse than Jonathan by allowing his kinsmen kill Yorubas in thousands in Yorubaland, so why then did you people reward him with a reelection even when he performed worse than Johnathan and did worse to the Yorubas than Jonathan?
Buhari was voted in on a wave of change. I never supported Buhari because a leopard never changes its spots.
Re: Nigeria’s Total Public Debt Hits ₦‎144.67 Trillion In December 2024 by Brendaniel: 3:50pm On Apr 07, 2025
sulaak:
Buhari was voted in on a wave of change. I never supported Buhari because a leopard never changes its spots.
You've not still answered my question...

Didn't Buhari do worse than Jonathan by allowing his kinsmen kill Yorubas in thousands in Yorubaland, so why then did you people reward him with a reelection even when he performed worse than Johnathan and did worse to the Yorubas than Jonathan?
Re: Nigeria’s Total Public Debt Hits ₦‎144.67 Trillion In December 2024 by Kingbuhari(m): 6:37pm On Apr 07, 2025
Dzzzz:
..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..
lol with this Ur less than 50 dollar salary.. close that Ur mouth.. U no go join people heading to Europe through desert make u help lift Ur family from abject poverty.. why should I leave my job , infact I rejected 2 vacation this year , jesus the money don enter my blood.., imaging 3m net after expenses, nice house, car, health insurance, i frequent hospital every week as if nah my papa house, 24/7 steady light, free WiFi here and there.. no fear of kidnapping and unknown gun men.. nah my own heaven I dey so.. try and join the protesters make dem use u service their gun 🤣
Re: Nigeria’s Total Public Debt Hits ₦‎144.67 Trillion In December 2024 by Kingbuhari(m): 6:37pm On Apr 07, 2025
Agbegbaorogboye:
You go nowhere!!
nah only U go do the suffering
Re: Nigeria’s Total Public Debt Hits ₦‎144.67 Trillion In December 2024 by Dzzzz: 6:47pm On Apr 07, 2025
Kingbuhari:
lol with this Ur less than 50 dollar salary.. close that Ur mouth.. U no go join people heading to Europe through desert make u help lift Ur family from abject poverty.. why should I leave my job , infact I rejected 2 vacation this year , jesus the money don enter my blood.., imaging 3m net after expenses, nice house, car, health insurance, i frequent hospital every week as if nah my papa house, 24/7 steady light, free WiFi here and there.. no fear of kidnapping and unknown gun men.. nah my own heaven I dey so.. try and join the protesters make dem use u service their gun 🤣
..The reason I like Nairaland is cause many online billionaires are here..Let put mouth where our money is and I bet you have nothing compared to what I have…AR27CAP”this is my instagram account and I don’t post on there but come let’s flash what we have..Pussy boy don’t run oo..
Re: Nigeria’s Total Public Debt Hits ₦‎144.67 Trillion In December 2024 by Kingbuhari(m): 6:06pm On Apr 08, 2025
Dzzzz:
..The reason I like Nairaland is cause many online billionaires are here..Let put mouth where our money is and I bet you have nothing compared to what I have…AR27CAP”this is my instagram account and I don’t post on there but come let’s flash what we have..Pussy boy don’t run oo..
this phote was taken just now , see rhe environment then u knw I'm not suffering wirh you in shit hole Nigeria ... Don't worry Fulani herdsmen are crossing on you 🤣🤣🤣 suffer suffer head.. U dey 27 years see as gray hair full ur head 🤣 suffer go kpai u

Re: Nigeria’s Total Public Debt Hits ₦‎144.67 Trillion In December 2024 by Dzzzz: 6:08pm On Apr 08, 2025
Kingbuhari:
this phote was taken just now , see rhe environment then u knw I'm not suffering wirh you in shit hole Nigeria ... Don't worry Fulani herdsmen are crossing on you 🤣🤣🤣 suffer suffer head.. U dey 27 years see as gray hair full ur head 🤣 suffer go kpai u
😂😂Broke boy..Your salary 6months see it here😂😂INSTEAD YOU COME AND WORK FOR ME..

Re: Nigeria’s Total Public Debt Hits ₦‎144.67 Trillion In December 2024 by Dzzzz: 6:11pm On Apr 08, 2025
Kingbuhari:
this phote was taken just now , see rhe environment then u knw I'm not suffering wirh you in shit hole Nigeria ... Don't worry Fulani herdsmen are crossing on you 🤣🤣🤣 suffer suffer head.. U dey 27 years see as gray hair full ur head 🤣 suffer go kpai u
Broke boy pic is all your salary for hmmm 6months 😂😂broke boy..
Re: Nigeria’s Total Public Debt Hits ₦‎144.67 Trillion In December 2024 by Dzzzz: 6:12pm On Apr 08, 2025
Dzzzz:
😂😂Broke boy..Your salary 6months see it here😂😂INSTEAD YOU COME AND WORK FOR ME..
Incase you wan reconfirm 😂😂broke boy…

Re: Nigeria’s Total Public Debt Hits ₦‎144.67 Trillion In December 2024 by Dzzzz: 6:14pm On Apr 08, 2025
How many toilet you wash today😂😂😂Next time you pick on someone your own size..That's $10k so tell me why I can’t pay your salary..I have 8workers and you compare yourself with me😂😂..
Re: Nigeria’s Total Public Debt Hits ₦‎144.67 Trillion In December 2024 by Dzzzz: 6:23pm On Apr 08, 2025
Kingbuhari:
this phote was taken just now , see rhe environment then u knw I'm not suffering wirh you in shit hole Nigeria ... Don't worry Fulani herdsmen are crossing on you 🤣🤣🤣 suffer suffer head.. U dey 27 years see as gray hair full ur head 🤣 suffer go kpai u
How many toilet you have to wash to make $10k😂😂Broke boy..Your future is my past bro..

Re: Nigeria’s Total Public Debt Hits ₦‎144.67 Trillion In December 2024 by Kingbuhari(m): 1:30am On Apr 09, 2025
Dzzzz:
How many toilet you have to wash to make $10k😂😂Broke boy..Your future is my past bro..
mumu are you giving yourself hope with picture U copied from internet .. also add this copied one to your gallery.. someone who hasn't seen dollar before dey show me few pieces of dollars... Snap Ur hand and make gestures as evidence that's you... Mumu lemme show u money 🤣 check the two phones same hand same background took the picture just now... U went to Google steal photo there to impress who... See as hunger don reset Ur brain 🤣🤣

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