₦airaland Forum

geoworldedu:
Robbing Peter to pay Paul. More robbing loading. Citizens must pay what they didn't enjoy in the first place while the politicians who enjoyed the debts aren't affected one bit.

thing Jonathan can't fix in 5yrs

Tinubu is fixing it in 2yrs

geoworldedu:
Robbing Peter to pay Paul. More robbing loading. Citizens must pay what they didn't enjoy in the first place while the politicians who enjoyed the debts aren't affected one bit.

No you actually did enjoy it..your fuel was subsidised for many years.

Your education is still being subsidised up till today.

Your electricity is being subsidised for up to 80% of the country that is not on band A.

Just to mention a few

Since 1960 na the same story.. no angel anywhere

EndBuhariNow:
All these people supporting Tinubu and his gangs of thieves are useless and stupid and don't understand the reality of life out there because they are parasite who are in one way or the other been taken care of by one relatives... How is this debts going to relieve suffering Nigeria from hardship, when is it going to reflect in our economy, I means commodities.. Tinubu fans are useless with no focus because of they are buying building materials like cement and rod or have any serious engagement with their lives, they should have known a bag of cement is 12,000 naira today and 12mm rod 10,000 naira... Very soon you will start living in the trees like monkeys when the reality will fall on each an everyone of u

Ikaeniyan0:
Cost of living is so high. The cost of living in Nigeria is presently one of the highest in Africa.

Your statistics for this. Please use WB or IMF data.

olaolaking:
You prefer the country to be in debt as far as you buy fuel for 200 naira. A very bad citizen who prefers to eat his tomorrow today

He has no more tomorrow in the first place.

Every Nation owes debt .
Even USA is indebted to trillions of dollars in debt.
if the money borrowed are used for lifting the lives of the citizenry rather than lining the pockets of politicians that isn't a problem .

Over to you- online accountants

geoworldedu:
Robbing Peter to pay Paul. More robbing loading. Citizens must pay what they didn't enjoy in the first place while the politicians who enjoyed the debts aren't affected one bit.

I agree with you Nigerian politicians and miserable that’s why i citizen you should stop giving them any peace when they’re are not doing they are supposed to do.

We are Just been deceived in this country, The only cleared the debt to borrow another. because the can no longer borrow from Paris Club. Nigeria is Owing PC $28 billion.

richmond500:
It's two years already.
When will the 2moro come?
If things dont become easy by 2027, people will vote out Tinubu.
4yrs is enough to show us that he knows what he is doing.
I spend 20k on electricity every month, with just fan, AC, fridge and three bulbs.
I know how hard it is to live.

Is that why he should continue borrowing to pay fuel subsidy ? Is that why we should continue operating multiple exchange rate and selling our crude in advance to maintain the forex regime? These are the problems previous presidents couldn't summon courage to solve. May Tinubu succeed,may God bless Nigeria forever

richmond500:
I use it on management too.
As for AC, I only put it on for like 30mins a day.
5mins every hour.

I don't even watch tv,
as for my fridge, I on it only for around 7hours daily

I used generator from 5am till 8am and 7pm till 12am everyday before subsidy removal. My household sell cold drinks and offer free charging points to our teaming customers and friends.
After the removal of subsidy I cancelled morning usage of generator. Then I invested in Solar energy. It's cost saving and I can say I enjoy 24 hrs light everyday.
My advice: go solar if u have capacity. One can do it gradually.

no no, tell tinubu to reduce senator and his own cost of governance, needlee etourage to world conferemce etc he doesnt have to sack any worker, our legislooter and chicago own is enough, band of thieves and dimwit supporters

Putindbutt:
Lol, Argentina is cutting cost of governce by sacking civil servants. If Tinubu started sacking workers to reduce cost, it is wailers like you that will still open mouth like goat wailing.

loffyloffy:
No you actually did enjoy it..your fuel was subsidised for many years.

Your education is still being subsidised up till today.

Your electricity is being subsidised for up to 80% of the country that is not on band A.

Just to mention a few

My salary was also subsidized. I mean minimum wage should be above 200k back then and so they wouldn't have needed subsidizing in the first place. Electricity that we hardly have? Education that is not top notch? Don't let them deceive you, whatever you paid for the little light you get and the education you got in those days are worth it because they offered non quality education. Now that we pay for everything through our noses, the quality still doesn't increase, therefore we have been scammed.

Mistersolar:
no no, tell tinubu to reduce senator and his own cost of governance, needlee etourage to world conferemce etc he doesnt have to sack any worker, our legislooter and chicago own is enough, band of thieves and dimwit supporters

I think you know you're proving yourself as an illiterate, it is Tinubu that will reduce senate's budget?. Most of you are just on social media constituting nuisance, una dey empty upstairs.

keep licking the sand he pisses on

Putindbutt:
I think you know you're proving yourself as an illiterate, it is Tinubu that will reduce senate's budget?. Most of you are just on social media constituting nuisance, una dey empty upstairs.

i just finished installing a solar panel while replying you,na tinubu imcompetency dey boom customers come my business

1Alex:
What and what are currently subsidised in Nigeria today?

Public education and health care are heavily subsidised too in Nigeria.

We have had a lot of ineffective leaders, some of them may have been wicked. But we must never lose sight of the benefits we enjoy from the government.

The reason a number of these benefits are not visible is because of the attitude of an average government worker. Public primary, secondary school teachers and lecturers don't want to go to class; they will gang up and start exploiting the students. Most of the funds they take from you from primary school to the end of your first degree don't go to the government. Many of these teachers will rather go and set up another business while keeping the government jobs, the University lecturers will take up jobs in neighbouring private schools and starve the students admitted to the government schools. They come back and just fix classes whenever they feel like it.

Moreover medical practitioners in government owned hospitals have their own private clinics where they attend to people. Often times, they don't do their best in the government owned institutions before referring patients to their own.

Although many will argue that the cost of goods and services are surging and these folks need to meet up because of poor pay, but it should be noted that the same greed in the average Nigerian makes this happen. People are quick to raise the prices of goods and services as soon as they hear news, but will refuse to bring it down if circumstances change. Where forced to bring it down, they will mourn.

Unfortunately, if the government begins a crackdown on these unfortunate trend, many of us will come out to shout "anti-human practices" and make the government of the day unpopular. Eventually the sharks (other politicians waiting) will ride on the ignorance of the "masses" to get to power without any solid plan to put things in order.

I will conclude by saying this, you may not like the person in helms of affairs today, but take your time and look at the other side of his actions. Ask anyone coming out today what they will do if they should get elected in 2027. Things are tough right now because the economy was restarted and repositioned in my view. I believe the pains are in the short term, in the medium to long term, if we don't go back like we did with Yaradua when he had to reverse the sale of the refineries, things will improve. Regarding the cost of fuel et al, it won't matter if it becomes affordable. South Korean Won is just about the equivalent of the Naira, yet an average person can afford a quality life there.

IMF Debt: Your query notes Nigeria has paid off its IMF debt. While no specific 2025 confirmation is provided in the sources, the IMF’s outstanding amount was $1.25 billion as of September 2024. Assuming this is cleared, it is not included here.



Summary of Unpaid External Debts:

World Bank Group: $17.32 billion

African Development Bank Group: $3.20 billion

Exim Bank of China: $4.97 billion

Agence Française de Développement: $641.1 million.


This data was obtained from Grok.

Mistersolar:
online billionaire....me beg tinubu,or his incompetency is what is even driving my solar business upward...no vote with sense make hunger kpain ur family

If you are not hungry why are you complaining of hunger and spitting out in so much pain?

thats the problem wih you agbadorian, una get agidi like, so if i see people suffering i shouldnt complain because im making sales and most of the time these materials we buy are often inflated due to ill thought poverty policies of chicago baron

olaolaking:
If you are not hungry why are you complaining of hunger and spitting out in so much pain?

kunle4toyeyaho:
Is that why he should continue borrowing to pay fuel subsidy ? Is that why we should continue operating multiple exchange rate and selling our crude in advance to maintain the forex regime? These are the problems previous presidents couldn't summon courage to solve. May Tinubu succeed,may God bless Nigeria forever

I don't have any problem with his policies, but they have to bear fruit

olaolaking:
You prefer the country to be in debt as far as you buy fuel for 200 naira. A very bad citizen who prefers to eat his tomorrow today

So is the country out of debt, even if Tinubu fully paid back IMF is Nigeria outstanding debt lower compared to what Tinubu met

Minus the IMF debt, the remaining debt and incoming loan Tinubu will still take why should Nigerians celebrate

Keep all that trash talk of future or tomorrow, how many capital project dey 2025 budget, whats capital investment are we making now that will butter our future

Our leaders are boldly eating our future before us with impunity and you are here preaching .. same nonsense they told our fathers till dem die, leaders of tomorrow

Atiku and Tinubu have being corridors of power before some of you were born ...now una don grow marry, born this Men are still controlling your lives. future ko drake nii

And some fuuls will believe this to be true.

Nairaland is gone.

richmond500:
It's two years already.
When will the 2moro come?
If things dont become easy by 2027, people will vote out Tinubu.
4yrs is enough to show us that he knows what he is doing.
I spend 20k on electricity every month, with just fan, AC, fridge and three bulbs.
I know how hard it is to live.

But you are not POOR If you can afford to use AC
You are clearly on a wrong thread