₦airaland Forum

zero8zero:
✓ $3.4 IMF loan cleared

✓ N100billion Sukuk loan cleared

✓ $7billion FX backlog cleared

✓ N30 trillion Ways and Means out of 87trillion - cleared.

✓ States reducing their debts by 70% - confirmed.

✓ External reserves increases to $40billion - confirmed

✓ States allocations increased by more than double - confirmed.

All these under two years!

God bless President Tinubu, God bless Nigeria.

see statistics wey Nigerians dey chop🤣🤣🤣
Loans wey dey go into politicians pockets,
At the end of the day na taxes from same Nigerians we dey use pay off debts…
It’s just like we’re servicing the politicians pockets and treasury
These apc retar dey pami 🤣🤣🤣

zero8zero:
✓ $3.4 IMF loan cleared

✓ N100billion Sukuk loan cleared

✓ $7billion FX backlog cleared

✓ N30 trillion Ways and Means out of 87trillion - cleared.

✓ States reducing their debts by 70% - confirmed.

✓ External reserves increases to $40billion - confirmed

✓ States allocations increased by more than double - confirmed.

All these under two years!

God bless President Tinubu, God bless Nigeria.

DOES POVERTY RATE REDUCE OR INCREASE? PLS TELL US TOO

anonimi:
Why did you forget the most important fact that our debts have increased dangerously since May 2023

Negativity is an incurable disease

Putindbutt:
If OBJ had $12billion, why was he begging for debt forgiveness?. Why couldn't he pay it and then pay the rest later without begging?.

And the $40 billion reserves he left, how much did GEJ left behind?, they stole it and shared it before they left power.

Ebilokan's finance minister knows something you don't know.

thisweekng:
The Minister of Finance and Coordinating Minister of the Economy Chief Olawale Edun has said the last time Nigeria’s economy looked stable was about a decade ago.

He made this statement during his maiden press conference as Minister of Finance where he outlined President Bola Tinubu’s vision, agenda and strategy for the economy.

He said, “I think as we all know, we are not where we should be. The economy is barely growing above the rate of population growth.

“But it was not always so, and I think in trying to look at the way forward, if we now have a situation of slow growth, double-digit inflation, weak/depreciating exchange rate, as well as security concerns that are resulting in an economy that is not growing and not taking Nigerians out of poverty.

“If we think back to the last time when the economy was stable- when it was growing, when inflation was low, and the interest rate was affordable, that period was about a decade ago. Growth was about 6% in 2013 and 2014.”
Private sector to drive the economy

https://thisweekng.com/the-last-time-nigerias-economy-was-stable-was-about-a-decade-ago-wale-edun/

Tinubu is trying just that things were so bad before he came on board ...those who want sudden transformation are living in an illussion. When i heard Prof. SOLUDO speaking on the state of our economy the last time,he said the president inherited dead economy .He spoke as an economic expert not as a politician and i agreed with him

RichBoy247:
Negativity is an incurable disease

Spreading incomplete propaganda lies is a deadly disease that is further punished with hell fire at death.

Who benefited from the $3.4b Loan seff APC 2020 Fraud

doctorbabs:
DOES POVERTY RATE REDUCE OR INCREASE? PLS TELL US TOO

You mean drugs trafficking and fake drugs manufacturing rate? Yes, it has increased, kudos to the Developers

We shall be free and our economy shall be free.

God bless you Baba T.

anonimi:
Why did you forget the most important fact that our debts have increased dangerously since May 2023

It wasn't increased, what you only did was to convert it from dollars to naira. Due to naira devaluation, it would increase in naira terms but the loans were obtained in dollars and will be repaid in dollars not naira. This naira conversation is the propaganda wailers are pushing but unfortunately, it only makes them slow upstairs.

Well...

Educationalserv:
poverty and starvation increase by 500 percent ! Nepotism 600 percent , insecurity 700 percent

keep crying and wailing, 6 years more

malali:
Current SDR Obligations by Nigeria to IMF.

Despite settling the principal, Nigeria continues to have financial obligations to the IMF:
• Outstanding Purchases and Loans: Approximately SDR 1.53 billion, representing 62.5% of Nigeria’s IMF quota. 
• Projected Payments:
• 2024: Principal of SDR 613.63 million and charges/interest ranging from SDR 32.34 million to SDR 78.69 million.
• 2025: Principal of SDR 613.63 million and interest charges of SDR 36.95 million.  
• Annual SDR Charges: Approximately $30 million, continuing post-repayment.

Say the whole truth, dont minimize it.

Olodo
Read, say no

Well... the drug baron is trying small.

anonimi:
Ebilokan's finance minister knows something you don't know.

Una go cry tire. Imagine crying till 2031 and starting another round of weeping when we hand over to another Yoruba man from Kwara or Kogi to take the slot of the North Central in 2031 with Nyezom Project Wike as VP, weeping go plenty oooo

zero8zero:
✓ $3.4 IMF loan cleared

✓ N100billion Sukuk loan cleared

✓ $7billion FX backlog cleared

✓ N30 trillion Ways and Means out of 87trillion - cleared.

✓ States reducing their debts by 70% - confirmed.

✓ External reserves increases to $40billion - confirmed

✓ States allocations increased by more than double - confirmed.

All these under two years!

God bless President Tinubu, God bless Nigeria.

Add high rate of poverty level and increase in insecurity
Don't forget to add increase in rate of corrupt practices and how efcc left the bigger thieves for small boys hustling to survive


Osinbajo would have made a better president than this terrible Paris patient we are having

Tinubu government should stop this nonsense propaganda using the social media ,they should give us the details of the payment so we can expose their yansh,how much was the loan initially and how much did they paid back,this is why World bank always counter their propanganda always…we need facts and figures not propaganda that their followers take as achievement because of them been myopic

beerner:
Well... the drug baron is trying small.

No cry, no cry, no cry

Is this the basis for noise all along about Nigeria paying IMF loans since 1900?

Agbegbaorogboye:
What should we fry

Who paying loan epp

Na today?



So it's even $1.6bn he paid out of $3.46bn over a period of 2 years l'ariwo po to bayii

Buhari that now paid $1.86bn nko

Should we bow down and worship him

Maybe we should kuku replace God with OBJ since he paid $12bn

Zombies are daft wallahi!!

We know they offended you, but please take am easy with them. They are working for their 30k

zero8zero:
✓ $3.4 IMF loan cleared

✓ N100billion Sukuk loan cleared

✓ $7billion FX backlog cleared

✓ N30 trillion Ways and Means out of 87trillion - cleared.

✓ States reducing their debts by 70% - confirmed.

✓ External reserves increases to $40billion - confirmed

✓ States allocations increased by more than double - confirmed.

All these under two years!

God bless President Tinubu, God bless Nigeria.

Dey play,

After repaying 100 billion of sukuk they went and borrowed 300 billion....

Make sure you put that in your mind

It's like there is no other gist around the Presidency ?

Just recycling the same information for the gullible followers and for the optics on the 2 year Mid-term assessment of a disaster induced Government.

Let PBAT travel by road from Lagos State to Ibadan. Once you step out of Lagos you can see the reality of the 75% rural poor that World Bank listed.

They talk as if it's possible to owe the IMF before when deductions are done from source.

Obi ngos will give you their own IPOB statistics. Lovers of bad news.

Not all Nigerians are foolish oooo

TimeManager:
It was securitized and as long as investors have bought it, therefore, it has been definitely cleared. The securitization of the means and ways was the best and most practicable solution to have resolved the debts. I hope my brief explanation is not beyond the limits of your understanding?.


-Kiss the truth!

Kai u are truly dumb. Securitized at 7%. Which investor will buy the debt at 7% per annum when tb, fgn savings bond, govt bond are above 17%. Oga abeg return the phone to its original owner. Wetin big pass you, big pass you

But why does this news hurt some people?

PressMyButton:
Wailers tears always give me joy.



After God, na Tinubu 💪 God bless Nigeria

The wailers are all over the territory of Tinubu Supporters
Wailers are ones committing Suicide due to HARDSHIP
Wailers are Tinubu Supporters who JUMP into the 3rd Mainland Bridge due to HARDSHIP.
Please stop mocking them

Paying loan to get a bigger loans but they are forgetting that Nigerians are wiser because they told us about statistics themselves that is what they will use to rule us ….we will see what they will use for their campaign starting from Next year because we already know all they want to use because of their propaganda 😂😂😂Only the fools will be fooled

zero8zero:
✓ $3.4 IMF loan cleared

✓ N100billion Sukuk loan cleared

✓ $7billion FX backlog cleared

✓ N30 trillion Ways and Means out of 87trillion - cleared.

✓ States reducing their debts by 70% - confirmed.

✓ External reserves increases to $40billion - confirmed

✓ States allocations increased by more than double - confirmed.

All these under two years!

God bless President Tinubu, God bless Nigeria.

Amen. Wonderful.... Less than 2 years

Charly68:
Tinubu is trying just that things were so bad before he came on board ...those who want sudden transformation are living in an illussion. When i heard Prof. SOLUDO speaking on the state of our economy the last time,he said the president inherited dead economy .He spoke as an economic expert not as a politician and i agreed with him

he inherited it from who?

zero8zero:
According to ipob bureau of statistics





I replied you but I don't know whether it was the bot that deleted it. The $1.6billion was the one that was paid as at 2024. Nigeria paid $1.6billion out of it in 2024. The remainder was cleared in May this year. Go school you say no.

The zombie is even confused by his thread. Which factory are they manufacturing these things from? Even chinco products can't be this bad.
Read below from your Op:

The journey towards clearing this debt began in earnest in 2023, when the nation’s IMF debt stood at $1.61 billion. Through disciplined fiscal reforms, the debt steadily declined, reaching $472 million by January 2025, before being fully repaid by May of the same year.