₦airaland Forum

Kudos to FG on this

zero8zero:
✓ $3.4billion 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.

Agbegbaorogboye:
Oga zombie
Did you read this part of your op or not

Is your bitterness that Nigeria has fully repaid her IMF debt, then I like your tears, more tears please.

Gboss247:
By borrowing loans to pay debts, APC supporters and common sense are two parallel lines that will never meet!

Which school did your parents send you to?. This bitterness na made in Aba.

IMF fraud, we borrow to poison our citizens what a scam

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.

Please what's SDR?

zero8zero:
Is your bitterness that Nigeria has fully repaid her IMF debt, then I like your tears, more tears please.

Why will I be bitter that Nigeria paid a paltry $3.46bn IMF loan taken in 2020 while owing $13.5bn when I was not bitter when Nigeria cleared $30bn in 2006

Quick question. When OBJ cleared $30bn debt he inherited from the military, were you bitter or proud to be a Nigerian?

APC mugus think Nigeria started in 2015 when they got cured of hate and bitterness because their favourite politicians entered power

Agbegbaorogboye:
Why will I be bitter that Nigeria paid a paltry $3.46bn IMF loan taken in 2020 while owing $13.5bn when I was not bitter when Nigeria cleared $30bn in 2006

Quick question. When OBJ cleared $30bn debt he inherited from the military, were you bitter or proud to be a Nigerian?

APC mugus think Nigeria started in 2015 when they got cured of hate and bitterness because their favourite politicians entered power

So, we are owing $13.5billion but we have only paid $3.4 billion out of it, right?. IMF spokesman, can you show us your proof?.

Have you also told us how much debts OBJ took after he became President before going cap in hand to beg for debt relief. Do your ignorant self think OBJ didn't collect loans?. Una mind no go touch ground.

Agbegbaorogboye:
It is the confidence to spill trash that usually amazes me
So the govt will not pay those who bought the security with interest abi?
Which school did you attend

I thought you said there was nothing like that in your first reply to TimeManager. Your problem is that you don't know but you think you know. Your ability to argue blindly and refusal to take to corrections is what's holding up your life the way it is. Hustle, so you can be able to buy Govt bonds and know how it works. Your Atiku you are dying for is buying Govt bonds, his children are buying. Sit down on Nairaland and continue arguing like a pauper.

Tinubu tried for this one

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

Loans that were looted by the same people in government

zero8zero:
I thought you said there was nothing like that in your first reply to TimeManager. Your problem is that you don't know but you think you know. Your ability to argue blindly and refusal to take to corrections is what's holding up your life the way it is. Hustle, so you can be able to buy Govt bonds and know how it works. Your Atiku you are dying for is buying Govt bonds, his children are buying. Sit down on Nairaland and continue arguing like a pauper.

You dey see am too ba?. Na why I dey flog that guy, his ignorance enh, na follow come. Anytime I dey busy , I no dey get him time.

Okoroawusa:
Please what's SDR?

For where, he go gree answer you?.

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

Lol, ...and wailing from 'obidients' has increased by 800 percent.

Truth : Epin Pa Waooo

Insecurities.

Unemployment

Terrible Economy...

Nigerians and Nigerians ... Has The Governance Policies brings Succour to Nigerians

I don't know how old you are. But of all the whole thing listed, Na the only negative aspect of it you focus on.

Na wa for some people o

For every progress, there must be sacrifice. So, you don't know those money that were used to service those debts came from somewhere?

Nawao.

Even in life, if you want to achieve something, you have to let go of your old life for a new you to be reborn.

Often, this comes with pain.

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

This is commendable
I look forward to fixing all the Chinese loans

zero8zero:
Which school did your parents send you to?. This bitterness na made in Aba.

Only those who are ignorant will celebrate a government who borrow loans to pay debts

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

Yes o my brother, all in your family and the South East

nedu666:
Buhari paid 1.86 billion dollars of the covid loan
Tinubu paid 1.6 billion dollars of the loan


But tinubu supporters won't let us hear word. Truly tinubu needs to work harder, so that his supporters will not be searching for his achievements.

If that is the case, then kudos to Gen Buhari and Asiwaju Tinubu😂 Are you happy now or still in sifia pain?

zero8zero:
✓ $3.4billion 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.

Ur allawee of 30k go sure this week....u are doing a gud job

zero8zero:

So, we are owing $13.5billion but we have only paid $3.4 billion out of it, right?. IMF spokesman, can you show us your proof?.

Have you also told us how much debts OBJ took after he became President before going cap in hand to beg for debt relief. Do your ignorant self think OBJ didn't collect loans?. Una mind no go touch ground.

Sorry. It's a mistake. We're owing $42bn external. APC is a disaster of magnanimous proportions

OBJ did not take any loan while he was in office. At least not external loan. The $30bn was loan already existing before he took office. In any case. I didn't see his govt employing zombies to be sycophantically singing his praises when he cleared a humongous $30bn legacy debt

Good news

Promised palliative should be rolled out too. Reading good news on empty stomach is not good. Many cannot afford data to read this laudable achievement others cannot afford d electricity bills to watch it on television either. Let's balance d equation Biko. Hunger n hardship has increased under 2 yrs so whr is d balance?

Agbegbaorogboye:
Sorry. It's a mistake. We're owing $42bn external. APC is a disaster of magnanimous proportions

OBJ did not take any loan while he was in office. At least not external loan. The $30bn was loan already existing before he took office. In any case. I didn't see his govt employing zombies to be sycophantically singing his praises when he cleared a humongous $30bn legacy debt

Lol, how old are you between 1999 and 2003?. which class were you?. A Nigerian President did not collect loans after resuming office?, even when there was accumulated loans and little in reserves to work with?. Did he bring money from prison into Aso rock?. His records of debts collected are public records but I know rather than make your findings, you will keep arguing blindly as usual. It's not an easy burden walking around with a thick head.

Congratulations.

zero8zero:
Lol, how old are you between 1999 and 2003?. which class were you?. A Nigerian President did not collect loans after resuming office?, even when there was accumulated loans and little in reserves to work with?. Did he bring money from prison into Aso rock?. His records of debts collected are public records but I know rather than make your findings, you will keep arguing blindly as usual. It's not an easy burden walking around with a thick head.

Since it's public record why don't you share it or is it so hard for you?
Blowing empty noise there
Obj did not collect any external loan. It's what he said himself. You have to disprove it by bringing your public record

zero8zero:
I thought you said there was nothing like that in your first reply to TimeManager. Your problem is that you don't know but you think you know. Your ability to argue blindly and refusal to take to corrections is what's holding up your life the way it is. Hustle, so you can be able to buy Govt bonds and know how it works. Your Atiku you are dying for is buying Govt bonds, his children are buying. Sit down on Nairaland and continue arguing like a pauper.

Are you also saying securitizing loan means the loan has been cleared? Seriously? I think it's fair to conclude that your iq and that guy's are at same level.

Anyway, I think you should be the least to have the moral right to accuse anyone of defending any politician when your moniker is dedicated to defending a politician who has corruptly cornered the richest state in the country and is on course to do so for the whole nation. For all your defence of the man and his govt, the best you can hope for is crumbs.

He'll even have you add his son to your list of political idols which you shamelessly embrace.

It is better your strive hard so that your children don't become political hirelings to his grandchildren in furtherance of your servitude

ehikwe22:
Okay, you don't know because you've not been following the loans Nigeria has been taking for the past two years

let me guess, we took another loan to pay off the IMF loan?