₦airaland Forum

Irony1:
Oga I read it well it you are owing interest payments, you are still indebted bro don't deceive people here.

If u read everything u won't be saying interest will still accumulate.
Cos it was stated clearly that Nigeria will pay the interest that was acrued up to the first quarter of 2025

theredaddy:
Whats the pretence for, shebi you were here yesterday defending the Dj Yk in aso rock

All my life have never seen people as international dumb as those wey support Tinubu govt ....

when you collect a loan, principal and accrued interest total is your debt ... no segregation if you dont pay it finish you are still owing .. very simple

You pay principal rush out to claim settlement who does that .. Tinubu good news always get K -leg

The report says loan has been paid.
Has it not been paid?
Abi u think loan amount and interest are thesame thing?

Why good news about Nigeria deh pepper ona for body? I've never seen a set of people like this

LegendHero:
Lol useless news.

What does this even mean? Nigeria media and weaving jargons.

Where is the link to the said charges?

Oga park one side, We are not as dumb as this govt assume

We borrow money from banks or even fintech app, principal + interest sums up your debt you dont partition it for bank

If you owe gtb 55k (principal + interest) you simply work a repayment plan of 55k .. you dont tell bank i 1st want to pay principal i will pay interest aside .... thats riduculous to the ear sef

when it comes to common sense, Apc/Tinubu are nothing but a disappointment

richmond500:
If u read everything u won't be saying interest will still accumulate.
Cos it was stated clearly that Nigeria will pay the interest that was acrued up to the first quarter of 2025

But have they paid it? The answer is No. Then why make a broadcast of something that is yet to be concluded? Guy propaganda doesn't pay so take a chill pill and stop.

theredaddy:
Oga park one side, We are not as dumb as this govt assume

We borrow money from banks or even fintech app, principal + interest sums up your debt you dont partition it for bank

If you owe gtb 55k (principal + interest) you simply work a repayment plan of 55k .. you dont tell bank i 1st want to pay principal i will pay interest aside .... thats riduculous to the ear sef

when it comes to common sense, Apc/Tinubu are nothing but a disappointment

If u are conversant with loan acquisition, u will know that if u collect loan, u can pay off the principal amount to stop the interest from accumulating.

Racoon:
https://guardian.ng/news/international-debts-why-nigeria-still-owes-imf-millions/

The more you look...

Rufai Oseni has been vindicated

richmond500:
Oga, Nigeria has paid back it's loan amount, go and die if u want to.

The interest and charges that was gathered is the one remaining

Oga Nigeria is still owing, if you have not paid the interest you are still owing, stop spreading lies and stop propaganda if a government is performing, you don't need propaganda to show it speaks for itself.

richmond500:
Ok. So FG has fully repaid it's principal loan. Also, SDR is not a debt, it's just asset on member states

The only thing remaining is interest and charges, this is suppose to be good news na, why are people bittered?

Interest and charges doesn't yield more interest cos interest are calculated on the principal and since the principal is gone, we are free.
It's calls for celebration abeg

Why d chochocho that they've cleared d loan?

Irony1:
But have they paid it? The answer is No. Then why make a broadcast of something that is yet to be concluded? Guy propaganda doesn't pay so take a chill pill and stop.

Have they not paid the loan?
Has IMF not removed Nigeria from list of debtors?
Wetin be ur argument again?
Oya go and tell IMF to add Nigeria back as list of debtors na.
By the way the amount is SDR + charges which is till 2029.
Nigeria can decide to pay or not pay SDR.

Adaumunocha:
Why d chochocho that they've cleared d loan?

they have cleared the loan, what they have left is SDR and charges.
SDR It's not part of the loan, it's an asset

Irony1:
Oga Nigeria is still owing, if you have not paid the interest you are still owing, stop spreading lies and stop propaganda if a government is performing, you don't need propaganda to show it speaks for itself.

shebi u know that the $127m is also SDR? Abi ur eye deh pain u?

richmond500:
The report says loan has been paid.
Has it not been paid?
Abi u think loan amount and interest are thesame thing?

Why good news about Nigeria deh pepper ona for body? I've never seen a set of people like this

loan Re paid ... we are still owing your debt is sum total of principal + rate, even jss2 student know this thing

e.g We paid 3.4 billion of 6 billion debt .. if they talk am like that will Tinubu die ...

Repaid means you have cleared All no outstanding

You funny, some of us know real good news ... Tinubu paid 3.4billion of imf loan but the crook president have collect 13billion loan just in 2yrs

13 - 3.4bn now what good about the news

richmond500:
Have they not paid the loan?
Has IMF not removed Nigeria from list of debtors?
Wetin be ur argument again?
Oya go and tell IMF to add Nigeria back as list of debtors na.
By the way the amount is SDR + charges which is till 2029.
Nigeria can decide to pay or not pay SDR.

Look stop trying to spin a false narrative people are not foolish. IMF can remove you if you have paid up a significant part of your obligations which is what Nigeria has done, but are they still owing interest payments yes
Does that mean they are free from IMF indebtedness? NO

richmond500:
shebi u know that the $127m is also SDR? Abi ur eye deh pain u?

Bros Nigeria is still owing and we are not free from IMF indebtedness yet, stop lying to people.

theredaddy:
Oga park one side, We are not as dumb as this govt assume

We borrow money from banks or even fintech app, principal + interest sums up your debt you dont partition it for bank

If you owe gtb 55k (principal + interest) you simply work a repayment plan of 55k .. you dont tell bank i 1st want to pay principal i will pay interest aside .... thats riduculous to the ear sef

when it comes to common sense, Apc/Tinubu are nothing but a disappointment

Leave all this jargons. Just show us on IMF page how much Nigeria owe. Whether you call am principal or interest.

I am waiting!

richmond500:
If u are conversant with loan acquisition, u will know that if u collect loan, u can pay off the principal amount to stop the interest from accumulating.

Maybe from a bank you built yourself, the main juice for lending houses is that " interest" you can't dictate terms to your financial lender

Every loan carries a duration and interest rate when you do the calculation you get your "Debt"

you dont partition debt for bank, Total sum you owe is the focus ... you can only select installment amount

its mischievous to use the word "repaid" when you gave not hit the total debt

Irony1:
Look stop trying to spin a false narrative people are not foolish. IMF can remove you if you have paid up a significant part of your obligations which is what Nigeria has done, but are they still owing interest payments yes
Does that mean they are free from IMF indebtedness? NO

Now listen, SDR is asset that IMF member natuons has in IMF.
That is what Nigeria has to pay.
The asset doesn't belong to IMF, it belongs to the country to enable them have liquidity with IMF.
Nigeria is not owing IMF any loan, yes there are charges to previous loans but SDR is not a loan.

theredaddy:
Maybe from a bank you built yourself, the main juice for lending houses is that " interest" you can't dictate terms to your financial lender

Every loan carries a duration and interest rate when you do the calculation you get your "Debt"

you dont partition debt for bank, Total sum you owe is the focus ... you can only select installment amount

its mischievous to use the word "repaid" when you gave not hit the total debt

Nigeria has repaid it's loan. Go and kpai if u want to

LegendHero:
Leave all this jargons. Just show us on IMF page how much Nigeria owe. Whether you call am principal or interest.

I am waiting!

If Fij cant liberate your horizon, i wont bother.

You know my joy, how Nigerians took the news since yesterday it shows people have finally realized APC/ Tinubu are propagandists

after everything FIJ said, dey wait

richmond500:
Nigeria has repaid it's loan. Go and kpai if u want to

I can see your frustration, defending Tinubu govt is not a convenient job, even your family fit they curse you join make dem no know

Claim whatever you like But the Fact is out

Racoon:
https://guardian.ng/news/international-debts-why-nigeria-still-owes-imf-millions/

Where this bloody Lier called zero8zero
Oya come and defend this one again .

Ordinarily, this is not an issue, but apc have made it a habit ot telling half truths.

The interest, while little compared to the principal, is still a loan.

Besides, the loan had been structured from day one with guarantees to ensure no default. So it is not as if BAT did anything extra in repaying the principal. The principal loan was simply paid as at when and due. I cannot recall Nigeria defaulting on an IMF loan in the last 20 years.

REDshouse:
Interest till 2029..who be those wey enter such loan arrangement in the first place....and what use was the money for

APC Leadership, including Tinubu entered into the agreement. Where do you think they got the dollars they were spraying at APC primaries?

theredaddy:
If Fij cant liberate your horizon, i wont bother.

You know my joy, how Nigerians took the news since yesterday it shows people have finally realized APC/ Tinubu are propagandists

after everything FIJ said, dey wait

Who da faq is Fij?

I broke the news that Nigeria do not owe IMF any kobo just by simply going to their website to confirm.

None within that Fij circle is as informed as me.

Just go on IMF website and you will see if Nigeria is owing anything to IMF. Stop depending on fake media for all info.

theredaddy:
I can see your frustration, defending Tinubu govt is not a convenient job, even your family fit they curse you join make dem no know

Claim whatever you like But the Fact is out

Oga, u can now go and kill urself.
IMF has removed Nigeria from it's website as list of debtors

Nigeria never had any IMF loan in the first place . These are just falsified loans.. Nigeria government na propaganda government

This is a repeated thread. I know some people are not happy with the development, but there is nothing they can do about it even though this feet was achieve by a president they hate so much and always looking for a negative incidents to hang on his neck so as to brighten the chances of their preferred candidates in 2027.

We should all be happy with this development though the credit goes to Tinubu but it is for the benefits of all Nigerians because this is even better than forgiveness of our debt which
Former Obasanjo achieved during his regime.
This has placed us on an enviable position in the committee of nations.

Integrity is worth more than any monies.

Brendaniel:
You can celebrate it o, but don't come and complain about what you celebrated later on, like how you celebrated about your second choice becoming president and now you are complaining about him.

Back to the topic, Don't let anyone deceive you, Tinubu is like a man who owes palmpay 10,000 with intetest of 2,000 naira then goes to Opay to take a loan of 100,000 naira, he then removes 10,000 from the 100,000 and pays palmpay promising to pay the interest later, then tells you he has cleared his debt and that his financial records have gotten better.

Tinubu has taken about 13.5 billion dollars in loan less than 2 years in office, ask yourself how much he cleared of in IMF if it is up to 4 billion dollars in the same 2 years

Another angle from yet another okwerey fellow. Your other brothers were claiming he didn’t pay the money at all while others are saying he paid ONLY the principal. Past leaders recklessly collected loans to the tune of billions of dollars and accrued so much interest, then a new leader decided to pay off this billions. IT MIGHT INTEREST YOU TO KNOW THAT OUR PAST LEADERS ENJOYED AND PREFERRED SERVICING THOSE LOANS THAN PAYING THEM OFF ONCE AND FOR ALL but rather than praising the one who have chosen to be different (by not paying interest upon interest, leaving the main principal) you okworos have chosen to fail to acknowledge the brilliant work all in the name of politics.
I can’t seem to be able to wrap my head around why a particular set of people would always chose to be angry about positive things. Like why? Let’s be honest, are you people really normal because I see no reason why a normal human being would be angry about this?. Healthy opposition politics isn’t played this way. Normal humans should be more angry at those who collected these loans and should be asking questions about what and what our past leaders all did with the monies but rather than asking these pertinent burning questions, you are rather fixated on checking if he truly paid off the loans or not with the mischievous aim of finding out he didn’t. Don’t they celebrate good things in your family?
You are just too predictable. I knew the goalpost would change to something else once you and that Arise short boy eventually find out he did pay off the loans.

theredaddy:
If Fij cant liberate your horizon, i wont bother.

You know my joy, how Nigerians took the news since yesterday it shows people have finally realized APC/ Tinubu are propagandists

after everything FIJ said, dey wait

Which Nigerian? You mean Obidient or what?

AntiChristian:
Pele!
Na the debt make you lazy or poor?

yoruba muslim
tinubu supporter

have you chanted ebin pawa o today