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Nigeria Clear All Debt Owed To IMF — Otega Ogra Hails Major Milestone! - Politics (5) - Nairaland

Nairaland ForumNairaland GeneralPoliticsNigeria Clear All Debt Owed To IMF — Otega Ogra Hails Major Milestone! (22525 Views)

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Re: Nigeria Clear All Debt Owed To IMF — Otega Ogra Hails Major Milestone! by ogaemma: 9:40am On May 07, 2025
I told you that this news was a cheap propaganda and lies.
The same way they told us Warri refinery is working.
Some of you counter me.
Please go and do your fact check.
Nigeria have not complete paying IMF their loan.
APC and lies.

Re: Nigeria Clear All Debt Owed To IMF — Otega Ogra Hails Major Milestone! by stonch101(m): 9:52am On May 07, 2025
This is not only big, but fat lie. Ona don start again o.

[qquote author=Richtaiwo post=135266823]First thing those people will say is, it is a lie from the pit of hell, and will start searching everywhere to confirm the report. While searching, they will be praying and fasting that let it not be true.

When they finally discover it is true, then come the next step: they will now say, is it his money he used in clearing the debt? I sabi those people even beyond themselves.[/quote]
Re: Nigeria Clear All Debt Owed To IMF — Otega Ogra Hails Major Milestone! by prophetfire: 11:27am On May 07, 2025
Richtaiwo:
First thing those people will say is, it is a lie from the pit of hell, and will start searching everywhere to confirm the report. While searching, they will be praying and fasting that let it not be true.

When they finally discover it is true, then come the next step: they will now say, is it his money he used in clearing the debt? I sabi those people even beyond themselves.
This is a big fat lie. No debt was cleared.
Re: Nigeria Clear All Debt Owed To IMF — Otega Ogra Hails Major Milestone! by tete7000(m): 11:39am On May 07, 2025
Ofemannnu:
Have you seen a real nation that doesn't borrow?
USA is the most indebted nation in the world.
The main thing is to be able to pay back when due.
There had never been any President of Nigeria that has cleared IMF debt.
Tinubu just did it.
That is prudence.
If you are sad,you know what to do.
He did it and the people are impoverished. You guys are deluded. If I am sad, i am sad because of your delusion. You compare Nigeria to every other nations when you talk of negative issues like indebtedness but not when it comes to positive issues like good standard of living. Ode ni awon eleyi sha.
Re: Nigeria Clear All Debt Owed To IMF — Otega Ogra Hails Major Milestone! by Ofemannnu: 11:41am On May 07, 2025
tete7000:
He did it and the people are impoverished. You guys are deluded. If I am sad, i am sad because of your delusion. You compare Nigeria to every other nations when talk of negative issues like indebtedness but not when it comes to positive issues like good standard of living. Ode ni awon eleyi sha.
You are in pain,ndo.
Re: Nigeria Clear All Debt Owed To IMF — Otega Ogra Hails Major Milestone! by tete7000(m): 11:46am On May 07, 2025
Ofemannnu:
You are in pain,ndo.
I have told you, if I am in pain, it is because of your delusion and ignorance. That is enough to cause any rational human being pain.
Re: Nigeria Clear All Debt Owed To IMF — Otega Ogra Hails Major Milestone! by Ofemannnu: 11:50am On May 07, 2025
tete7000:
I have told you, if I am in pain, it is because of your delusion and ignorance. That is enough to cause any rational human being pain.
Nigeria has paid off all Nigeria's debt to IMF until we see otherwise.QED.
Re: Nigeria Clear All Debt Owed To IMF — Otega Ogra Hails Major Milestone! by favor914: 12:18pm On May 07, 2025
ogaemma:
The same way they told us Warri refinery is now working.
Not until I see an official statement from IMF, believe these propaganda Government at your own peril.
They can tell any lie to score cheap marks and cool down tension.
Have u paid that loan you borrowed from that app?
Re: Nigeria Clear All Debt Owed To IMF — Otega Ogra Hails Major Milestone! by Seniormanchi: 12:26pm On May 07, 2025
malali:

Bitterness ?
If you pay $5000 and then borrow $2 million dollars.
Who are you fooling ?

He paid 306 million but he has borrowed $13.5 billion since he assumed power.
In addition to the outstanding.Bringing everything closer to $23 billion.
And Oil prices are falling daily.
Please stop explaining to these people they don’t understand: Tinubu only changed banks, like moving from Access bank to Fidelity bank. We simply changed creditors
Re: Nigeria Clear All Debt Owed To IMF — Otega Ogra Hails Major Milestone! by ogaemma: 12:35pm On May 07, 2025
favor914:
Have u paid that loan you borrowed from that app?
I will not encourage anyone to take loan from any loan app, including my enemies.
Re: Nigeria Clear All Debt Owed To IMF — Otega Ogra Hails Major Milestone! by favor914: 1:39pm On May 07, 2025
ogaemma:
I will not encourage anyone to take loan from any loan app, including my enemies.
indeed, so u won’t encourage President Tinubu to take the loan?
Re: Nigeria Clear All Debt Owed To IMF — Otega Ogra Hails Major Milestone! by Babanlagenius: 1:50pm On May 07, 2025
Clobisman:
Ok tinubu paid the IMF off the money which was accured by his APC predecessor Mr Buhari but he went ahead to owe other lenders more than what he paid off. Please make it make sense for people like me whom you say doesn't love nigeria the way you do?
Next time I will show you someone that has been paid to support this wicked government.
Re: Nigeria Clear All Debt Owed To IMF — Otega Ogra Hails Major Milestone! by 7lives: 2:58pm On May 07, 2025
PressMyButton:
I love this, God bless you bro. Don't bother yourself, they won't listen, to them, everything has to be bad and negative so that they can gloat and self-service over it for election purpose. They are so deluded to think negative news about their country will increase their chances of winning the election. But God who dealt with wicked neighbors will continue dealing with them.
Very diabolical mind set, enemy of good things.
Re: Nigeria Clear All Debt Owed To IMF — Otega Ogra Hails Major Milestone! by Donake: 3:05pm On May 07, 2025
Agbado propaganda doesn't work in my head. I need a medicine to douse the doubts
malali:
• World Bank: $17.81 billion USD 

Nigeria has made significant strides in reducing its IMF debt.

While its obligations to the World Bank have increased due to new loan approvals aimed at supporting various sectors.

We have paid 306 million dollars owed IMF. But we have borrowed new loans of $13.5 billion bringing our total external debt to $45 billion

If Nigeria pays only 306 million dollars every 2 years as Tinubu just did we would still owe over $45 billion dollars at the end of his first 4 years. Because the interest on the remaining $45 billion is up to $300 million dollars.

In the world of Debts, All Tinubu did was service the loan, he only paid the interest !!!!


We still owe World Bank and others close to $45 Billion dollars and we are still borrowing more....We still owe over 150 x 306 million.

We still owe $5 billion dollars to China. We have borrowed $13.5 billion while paying back 300 million to IMF.

Stop spreading news to deceive the citizens. When you make announcements like this. Paint the whole picture.

That's what accountability and transparency means.
Re: Nigeria Clear All Debt Owed To IMF — Otega Ogra Hails Major Milestone! by 7lives: 3:07pm On May 07, 2025
redcliff:
Propagamda no dey run govt. These controllers of Lagos Ibadan media are working round the clock to ensure that nigerians who are not smart keep being deceived. What is "legacy" debt? Nde Ara!
This news really pain you o.
Ndi bitter leaf.
Re: Nigeria Clear All Debt Owed To IMF — Otega Ogra Hails Major Milestone! by 7lives: 3:13pm On May 07, 2025
Thedon12:
For those of you believing every lies and propaganda about Ibrahim Traore has cleared Burkina Faso debt, please check the IMF list.
Don't do this, let the bloggers chop na
Re: Nigeria Clear All Debt Owed To IMF — Otega Ogra Hails Major Milestone! by Thedon12(m): 3:27pm On May 07, 2025
wink cheesy cheesy wink

7lives:
Don't do this, let the bloggers chop na
Re: Nigeria Clear All Debt Owed To IMF — Otega Ogra Hails Major Milestone! by lesbiconverter: 4:15pm On May 07, 2025
I hope it's true otherwise where did Sahara reporters get all these?

https://saharareporters.com/2025/05/06/nigerias-indebtedness-imf-grows-n25trillion-one-year-under-tinubu#:~:text=The%20review%20reveals%20that%20the,increased%20by%20N2.545%20trillion.
Re: Nigeria Clear All Debt Owed To IMF — Otega Ogra Hails Major Milestone! by tomakint: 6:04pm On May 07, 2025
malali:
• World Bank: $17.81 billion USD 

Nigeria has made significant strides in reducing its IMF debt.

While its obligations to the World Bank have increased due to new loan approvals aimed at supporting various sectors.

We have paid 306 million dollars owed IMF. But we have borrowed new loans of $13.5 billion bringing our total external debt to $45 billion

If Nigeria pays only 306 million dollars every 2 years as Tinubu just did we would still owe over $45 billion dollars at the end of his first 4 years. Because the interest on the remaining $45 billion is up to $300 million dollars.

In the world of Debts, All Tinubu did was service the loan, he only paid the interest !!!!


We still owe World Bank and others close to $45 Billion dollars and we are still borrowing more....We still owe over 150 x 306 million.

We still owe $5 billion dollars to China. We have borrowed $13.5 billion while paying back 300 million to IMF.

Stop spreading news to deceive the citizens. When you make announcements like this. Paint the whole picture.

That's what accountability and transparency means.
Don't mind the liars.....like this was how Obasanjo cleared our debts
Re: Nigeria Clear All Debt Owed To IMF — Otega Ogra Hails Major Milestone! by Guestmale: 8:31pm On May 07, 2025
This is a good news, though I know that some sadists will not be happy about it all they love to read is about negative news about Nigeria. They contributed little or nothing to the progress of Nigeria instead they damage the image of the country all over the world making it difficult for all sincere and hardworking Nigerians doing legitimate work and business to enter and live in the country of their choice.
Re: Nigeria Clear All Debt Owed To IMF — Otega Ogra Hails Major Milestone! by EvilMerodack(m): 10:53am On May 08, 2025
redcliff:
Propagamda no dey run govt. These controllers of Lagos Ibadan media are working round the clock to ensure that nigerians who are not smart keep being deceived. What is "legacy" debt? Nde Ara!
But link to IMF website dey there na. Na Lagos-Ibadan press edit that one too?

Are you guys educated at all? You think FG would pay IMF to edit such info on their officail website? You go school at all? cheesy
Re: Nigeria Clear All Debt Owed To IMF — Otega Ogra Hails Major Milestone! by EvilMerodack(m): 10:53am On May 08, 2025
ogaemma:
The same way they told us Warri refinery is now working.
Not until I see an official statement from IMF, believe these propaganda Government at your own peril.
They can tell any lie to score cheap marks and cool down tension.
But link to IMF website dey there na. Na Lagos-Ibadan press edit that one too?

Are you guys educated at all? You think FG would pay IMF to edit such info on their officail website? You go school at all? cheesy
Re: Nigeria Clear All Debt Owed To IMF — Otega Ogra Hails Major Milestone! by EvilMerodack(m): 10:55am On May 08, 2025
ZaddyJ:
Fake news
Do you know AI is being updated on weekly or monthly basis?

Why would you even prefer AI info to IMF official website?

Jeez...Na rubbish gradates full this country o cheesy
Re: Nigeria Clear All Debt Owed To IMF — Otega Ogra Hails Major Milestone! by GhaliNaaba(m): 11:20am On May 08, 2025
So sad I didn't vote for Tinubu before now I promise to vote and campaign for Asiwaju 2nd term. 1000 vote target from me must be achieved.
Sai Jagaban!
Re: Nigeria Clear All Debt Owed To IMF — Otega Ogra Hails Major Milestone! by ogaemma: 11:31am On May 08, 2025
EvilMerodack:
But link to IMF website dey there na. Na Lagos-Ibadan press edit that one too?

Are you guys educated at all? You think FG would pay IMF to edit such info on their officail website? You go school at all? cheesy
You are very far from today's education.
I will send you an Ai app that can creat same thing like that your so called IMF link.
Why is it not on the IMF portal.
Do you have sense at all.
Always do your fact check about any news coming from the APC government.

Re: Nigeria Clear All Debt Owed To IMF — Otega Ogra Hails Major Milestone! by DimIsaac10(m): 10:49pm On May 19, 2025
richmond500:
The achievement should be celebrating the success of clearing debt which takes 96% of our revenue, instead of more debt accumulation that hinders the micro economics and development of the country.

Are u not thinking towards that direction?
Kindly make your statistics more practical.
How did the loan reflect in the country's development?.
Re: Nigeria Clear All Debt Owed To IMF — Otega Ogra Hails Major Milestone! by DimIsaac10(m): 12:45pm On May 22, 2025
richmond500:
The achievement should be celebrating the success of clearing debt which takes 96% of our revenue, instead of more debt accumulation that hinders the micro economics and development of the country.

Are u not thinking towards that direction?
You are still an idealist sir.
I am a realist sir.
Is whatever stats you are claiming reflecting on the lifestyle of the citizens?.

Are you thinking towards that direction?.
Re: Nigeria Clear All Debt Owed To IMF — Otega Ogra Hails Major Milestone! by richmond500: 12:51pm On May 22, 2025
DimIsaac10:
You are still an idealist sir.
I am a realist sir.
Is whatever stats you are claiming reflecting on the lifestyle of the citizens?.

Are you thinking towards that direction?.
Realist is to know that removing bottlenecks that hinders the progress of the nation will positively reflect on the life of the citizens.
Money used in settling debt will now be used for other purposes that will help the citizens
Re: Nigeria Clear All Debt Owed To IMF — Otega Ogra Hails Major Milestone! by DimIsaac10(m): 2:36pm On May 22, 2025
richmond500:
Realist is to know that removing bottlenecks that hinders the progress of the nation will positively reflect on the life of the citizens.
Money used in settling debt will now be used for other purposes that will help the citizens
You really can't argue well sir.
Paying back a debt is not an achievement anywhere in the world.
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