₦airaland Forum

UPDATE UR RECORDS MY BRODA COS RESERVE AS AT MARCH 2026 IS NOW $50B ACCORDING TO CARDOSO AT D LAST MPC MEETING.

FOR EXCHANGE RATE U CNT USE 1999 COS 0BJ WAS IN CHARGE FOR ALMOST 80% OF 1999.. 1998 DEC OFFICIAL FIGURES OF #21.68/$ IS MORE CREDILE

DOE I AGREE WITH U ON ONE THING, OBJ 'S REGIME IS STILL D BEST THUS FAR..

BUT TINUBU'S GOVT IS D ONLY GOVT IN NIGERIA'S HISTORY IN WHICH NAIRA HASN'T JUST REGAINED LOST VALUE FROM #2000/$ TO #1350/$

BUT LOOKS MORE LIKELY TO CONTINUE TO APPRECIATE RATHER DAN DEPRECIATE..

KEEPING IN MIND DAT NAIRA HAS BEEN DEPRECIATING FROM 50K/$ IN 1977 TO A MAX LOW OF #2000/$ IN 2024 NEVER FOR ONCE APPRECIATING AGAINST THE DOLLAR IN ALMOST 50YRS

Brendaniel:
See below, secondly Tinubu's own is 39billion not 50 billion

Remember OBJ paid subsidy throughout his 8 years, Tinubu claims he is not...

demstone:
UPDATE UR RECORDS MY BRODA COS RESERVE AS AT MARCH 2026 IS NOW $50B ACCORDING TO CARDOSO AT D LAST MPC MEETING.

FOR EXCHANGE RATE U CNT USE 1999 COS 0BJ WAS IN CHARGE FOR ALMOST 80% OF 1999.. 1998 DEC OFFICIAL FIGURES OF #21.68/$ IS MORE CREDILE

DOE I AGREE WITH U ON ONE THING, OBJ 'S REGIME IS STILL D BEST THUS FAR..

BUT TINUBU'S GOVT IS D ONLY GOVT IN NIGERIA'S HISTORY IN WHICH NAIRA HASN'T JUST REGAINED LOST VALUE FROM #2000/$ TO #1350/$

BUT LOOKS MORE LIKELY TO CONTINUE TO APPRECIATE RATHER DAN DEPRECIATE..

KEEPING IN MIND DAT NAIRA HAS BEEN DEPRECIATING FROM 50K/$ IN 1977 TO A MAX LOW OF #2000/$ IN 2024 NEVER FOR ONCE APPRECIATING AGAINST THE DOLLAR IN ALMOST 50YRS

You are mixing gross and net reserve, gross reserve is 50, net reserve is 39, stop mixing the 2, secondly, your last paragraph is false, if you want data for both, I will provide both for you in your next response...

GROWING NET RESERVE BY ALMOST $36B IN 2YRS 8 MONTHS IS A LOT, ESPECIALLY AT A TIME WEN CRUDE WAS +/- $68/ BARREL

MY DEAR BRODA!!! TINUBU LIKE OBJ ,IS LEADING NIGERIA IN D RIGHT DIRECTION

ANY PRESIDENTIAL CANDIDATE WHO SAYS OR THINKS ODAWISE IS A DANGER TO D FUTURE OF NIGERIA..

Brendaniel:
You are mixing gross and net reserve, gross reserve is 50, net reserve is 39, stop mixing the 2, secondly, your last paragraph is false, if you want data for both, I will provide both for you in your next response...

demstone:
GROWING NET RESERVE BY ALMOST $36B IN 2YRS 8 MONTHS IS A LOT, ESPECIALLY AT A TIME WEN CRUDE WAS +/- $68/ BARREL

MY DEAR BRODA!!! TINUBU LIKE OBJ ,IS LEADING NIGERIA IN D RIGHT DIRECTION

ANY PRESIDENTIAL CANDIDATE WHO SAYS OR THINKS ODAWISE IS A DANGER TO D FUTURE OF NIGERIA..

OBJ was clearing loans and reducing debts, increasing the reserve and even opened and ECA account to save more and still paying subsidy for Nigerians with low taxes on Nigerians.

Tinubu is taking more loans and increasing debts, increasing the reserve, and not paying subsidy and still taxing Nigerians more than any other president.

So how are these 2 people the same?

The only good thing Tinubu is doing is increasing reserve, the rest is negative for the country and personally I feel maybe it is to collect more loans, then you talk about price, OBJ's sold on an average about 37 dollars per barrel throughout his tenure, starting from as low as 16 dollars in 1999 and the highest he sold was about 72 dollars towards the end of his tenure and yet saved so much for Nigeria and cleared debts not just reserve only but ECZ too in billions of dollars, So what is Tinubu's excuse?

You seem not to really understand the crazy corruption going on under Tinubu with serious incompetence...

Read the data below and see the difference in the 2, please even if you want to compare any person with OBJ, Tinubu should beb the last on the list, because I will keep producing verifiable data to back up my claims, Tinubu has been selling on average above OBJ's peak price and even more since he entered office, you people seem not to understand or you people simply just want to support Tinubu regardless of the nonsense he is doing...

marlow1962:
Same way yours went beyond fixing after you stage a protest for #85 but can't stage for #1,500.

Yours is irredeemable.

Word.

But some of you who are supporting subsidy restoration today are now essentially saying that Tinubu and the guy you quoted were right in 2012.


When it was clearly clear even before then that subsidy had to go. Tinubu was wrong then.

Even then subsidy removal he has done was the result of choices made in 2012.

Meanwhile the APC gang are now supporting subsidy removal and getting embarrassed about their opposition in 2012

MY DEAR BRODA!!1] COST OF PRODUCING A BARREL OF CRUDE IN 1999 WAS LESS DAN $5, TODAY IT'S OVER $30/ BARREL.. MEANING REVENUE ON $19/ BARREL DEN IS ABOUT D SAME AS $50/ BARREL NOW..

2]IN 1999 NIGERIA SOLD OVER 2.2M BARRELS / DAY, TODAY WE STRUGGLE TO DO 1.3M/DAY..

3]SINCE PMB SIGNED D PIA 60% OFOIL REVENUE WENT TO NNPC..SO OBJ GOT 100% UNLIKE TINUBUS 40%

4]NOT ALSO FORGETTING DAT PMB UNLIKE ABDULSALAM HAD PRE SOLD MILLIONS OF BARRELS OF FUTURE CRUDE B4 HE LEFT IN 2023

SO!! EVEN IF OBJ SOLD CRUDE AT $19/BARREL HE MADE ATLEAST 3TIMES MORE REVENUE DAN JAGABAN,

ON DEBT : ACCORDING TO THE DMO, NIGERIAS DEBT IN 2023 WAS $113B.. TODAY ITS $103B.. DATS A REDUCTION OF $10B

IF UR 3RD CLASS PHILISOPHY PRESIDENTIAL CANDIDATE ISNT SMART ENOF TO KNOW, DAT D NAIRA" EQUIVALENT INCREAMENT" IS DUE TO DEVALUATION, I WANT TO BELIEVE U DO

Brendaniel:
OBJ was clearing loans and reducing debts, increasing the reserve and even opened and ECA account to save more and still paying subsidy for Nigerians with low taxes on Nigerians.

Tinubu is taking more loans and increasing debts, increasing the reserve, and not paying subsidy and still taxing Nigerians more than any other president.

So how are these 2 people the same?

The only good thing Tinubu is doing is increasing reserve, the rest is negative for the country and personally I feel maybe it is to collect more loans, then you talk about price, OBJ's sold on an average about 37 dollars per barrel throughout his tenure, starting from as low as 16 dollars in 1999 and the highest he sold was about 72 dollars towards the end of his tenure and yet saved so much for Nigeria and cleared debts not just reserve only but ECZ too in billions of dollars, So what is Tinubu's excuse?

You seem not to really understand the crazy corruption going on under Tinubu with serious incompetence...

Read the data below and see the difference in the 2, please even if you want to compare any person with OBJ, Tinubu should beb the last on the list, because I will keep producing verifiable data to back up my claims, Tinubu has been selling on average above OBJ's peak price and even more since he entered office, you people seem not to understand or you people simply just want to support Tinubu regardless of the nonsense he is doing...

demstone:
MY DEAR BRODA!!1] COST OF PRODUCING A BARREL OF CRUDE IN 1999 WAS LESS DAN $5, TODAY IT'S OVER $30/ BARREL.. MEANING REVENUE ON $19/ BARREL DEN IS ABOUT D SAME AS $50/ BARREL NOW..

2]IN 1999 NIGERIA SOLD OVER 2.2M BARRELS / DAY, TODAY WE STRUGGLE TO DO 1.3M/DAY..

3]SINCE PMB SIGNED D PIA 60% OFOIL REVENUE WENT TO NNPC..SO OBJ GOT 100% UNLIKE TINUBUS 40%

4]NOT ALSO FORGETTING DAT PMB UNLIKE ABDULSALAM HAD PRE SOLD MILLIONS OF BARRELS OF FUTURE CRUDE B4 HE LEFT IN 2023

SO!! EVEN IF OBJ SOLD CRUDE AT $19/BARREL HE MADE ATLEAST 3TIMES MORE REVENUE DAN JAGABAN,

ON DEBT : ACCORDING TO THE DMO, NIGERIAS DEBT IN 2023 WAS $113B.. TODAY ITS $103B.. DATS A REDUCTION OF $10B

IF UR 3RD CLASS PHILISOPHY PRESIDENTIAL CANDIDATE ISNT SMART ENOF TO KNOW, DAT D NAIRA" EQUIVALENT INCREAMENT" IS DUE TO DEVALUATION, I WANT TO BELIEVE U DO

click below to View my full response from here, I think a mod might be on my trail, that's how censored Nairaland has become all because of Tinubu and his people, if you need more evidence, I will keep bringing them, Tinubu has little to no excuse for the bad management he is doing...

[img]https://iili.io/qkQWyhB.png[/img]

I'M NOT TALKING JUST EXTERNAL BUT TOTAL [ EXTERNAL + INTERNAL DEBT}

2ND QUATER 2007 OBJ LEFT IT AT ABOUT $21B { $3.6B EXTERNAL + $18B {#2TRILL] INTERNAL}

2ND QUATER 2015 GEJ LEFT IT AT $63B TOTAL

2ND QUATER 2023 PMB LEFT IT AT $113B TOTAL

TODAY IT'S ABOUT $103B TOTAL..

YES I AGREE ABDULSALAM LEFT SOME BACK LOGS BUT IT CNT B COMPARED WITH PMB..

DO U KNOW WE HAVENT COMPLETELY CLEARED DOZ CRUDE OIL PRE SALES 3YRS AFTER PMB

ABDULSALAM LEFT A DEBT OF #29B AS COMPARED TO PMB $113B DEBT

$7B BACKLOG TO FOREIGN COMPANIES

30 TRILLION PRINTED CASH CREATING MASSIVE DEVALUATION RISK..

INFACTS IT'S ON RECORD DAT NIGERIA UNDER PMB WAS SPENDING MORE DAN 100% OF ITS REVENUE SERVICING DEBT..

IF U WANT TO B SINCERE U SHLD KNOW U CAN NEVER COMPARE D NIGERIA OBJ INHERITED WITH DAT OF TINUBU IN ANY ND EVERYWAY

Brendaniel:
click below to View my full response from here, I think a mod might be on my trail, that's how censored Nairaland has become all because of Tinubu and his people, if you need more evidence, I will keep bringing them, Tinubu has little to no excuse for the bad management he is doing...

[img]https://iili.io/qkQWyhB.png[/img]

demstone:
I'M NOT TALKING JUST EXTERNAL BUT TOTAL [ EXTERNAL + INTERNAL DEBT}

2ND QUATER 2007 OBJ LEFT IT AT ABOUT $21B { $3.6B EXTERNAL + $18B {#2TRILL] INTERNAL}

2ND QUATER 2015 GEJ LEFT IT AT $63B TOTAL

2ND QUATER 2023 PMB LEFT IT AT $113B TOTAL

TODAY IT'S ABOUT $103B TOTAL..

YES I AGREE ABDULSALAM LEFT SOME BACK LOGS BUT IT CNT B COMPARED WITH PMB..

DO U KNOW WE HAVENT COMPLETELY CLEARED DOZ CRUDE OIL PRE SALES 3YRS AFTER PMB

ABDULSALAM LEFT A DEBT OF #29B AS COMPARED TO PMB $113B DEBT

$7B BACKLOG TO FOREIGN COMPANIES

30 TRILLION PRINTED CASH CREATING MASSIVE DEVALUATION RISK..

INFACTS IT'S ON RECORD DAT NIGERIA UNDER PMB WAS SPENDING MORE DAN 100% OF ITS REVENUE SERVICING DEBT..

IF U WANT TO B SINCERE U SHLD KNOW U CAN NEVER COMPARE D NIGERIA OBJ INHERITED WITH DAT OF TINUBU IN ANY ND EVERYWAY

Did you read the data I sent to you st all?

PMB never left 113 billion dollars, go back and read it, you are still arguing with falsified figures and all, please any claim you want to make from now, provide the data for it like I am doing, you are stressing me with too many lies and false records...

going further if any of us makes any claim, provide the evidence, please provide the evidence to your claims here because a lot are false...

D ONLY RELIABLE SOURCE ON NIGERIAS DEBT IS D DEBT MANAGEMENT OFFICE..

A SIMPLE GOOGLE ARTIFICIAL INTELLIGENCE SAERCH WOULD GIVE YOU $113B AS NIGERIAS TOTAL DEBT Q2 2023...

Brendaniel:
Did you read the data I sent to you st all?

PMB never left 113 billion dollars, go back and read it, you are still arguing with falsified figures and all, please any claim you want to make from now, provide the data for it like I am doing, you are stressing me with too many lies and false records...

going further if any of us makes any claim, provide the evidence, please provide the evidence to your claims here because a lot are false...

demstone:
D ONLY RELIABLE SOURCE ON NIGERIAS DEBT IS D DEBT MANAGEMENT OFFICE..

A SIMPLE GOOGLE ARTIFICIAL INTELLIGENCE SAERCH WOULD GIVE YOU $113B AS NIGERIAS TOTAL DEBT Q2 2023...

Why not provide it and show me here?

OK !! JUST DO A SIMPLE GOOGLE SEARCH FOR " NIGERIAS TOTAL DEBT Q2 2023" U SHOULD GET D FIG FROM D NBS

Brendaniel:
Why not provide it and show me here?

demstone:
OK !! JUST DO A SIMPLE GOOGLE SEARCH FOR " NIGERIAS TOTAL DEBT Q2 2023" U SHOULD GET D FIG FROM D NBS

Why not do it, it is your claim, I've never asked you to do mine for me, I make my claim and I provide the data, please do yours...

NAH !!!! U CNT FORCE A MAN TO SEE WHAT HE DOESNT WANT TO SEE...

DO U THINK UR LEADER WHO SAID TINUBU HAS BORROWED MORE DAN ALL LEADERS PUT TOGETHER, DOESNT KNOW IT'S DEVALUATION EFFECT..
TRUST ME, WEDA U CONTINUE TO LIE OR REPENT DOESNT MATTER..

TINUBU IS GOING TO WIN , COS HE IS NOT JUST SMARTER..

BUT A THOUSAND STEPS AHED OF D GAME... DATS WHY HE IS CALLED ASIWAJU

NOT AN ORDINARY "OKWUTE" OR OKUTA

SOMETHING STATIONARY DAT CAN ONLY MOVE WEN ENABLED..

LITTLE WONDER HE IS ALWAYS BEGGING ODAS TO STEP DOWN, "SERVE HIM POWER ALACARTE".. NEVER PROACTIVE

Brendaniel:
Why not do it, it is your claim, I've never asked you to do mine for me, I make my claim and I provide the data, please do yours...

demstone:
NAH !!!! U CNT FORCE A MAN TO SEE WHAT HE DOESNT WANT TO SEE...

DO U THINK UR LEADER WHO SAID TINUBU HAS BORROWED MORE DAN ALL LEADERS PUT TOGETHER, DOESNT KNOW IT'S DEVALUATION EFFECT..
TRUST ME, WEDA U CONTINUE TO LIE OR REPENT DOESNT MATTER..

TINUBU IS GOING TO WIN , COS HE IS NOT JUST SMARTER..

BUT A THOUSAND STEPS AHED OF D GAME... DATS WHY HE IS CALLED ASIWAJU

NOT AN ORDINARY "OKWUTE" OR OKUTA

SOMETHING STATIONARY DAT CAN ONLY MOVE WEN ENABLED..

LITTLE WONDER HE IS ALWAYS BEGGING ODAS TO STEP DOWN, "SERVE HIM POWER ALACARTE".. NEVER PROACTIVE

We are not talking about election here or Peter Obi, we are talking about data here, the time you used to type all these long jargon would have been more than enough to produce the data you claim is available on the internet, except it doesn't exist and you are only looking for a way to divert attention away from that...

BRODERLY.. U DONT HAVE TO CROSS CHECK OR BELIEVE WHAT I SAID...BUT I FEEL UR PAIN!!!

OPPOSITION TODAY IS SIMILAR TO HAVING "SHEEP LEAD LIONS"

EXTREMELY FRUSTRATING "NEMO DAT QUOD NON HABET"..

DEY CNT GIVE WHAT DEY DONT HAVE..

HAVE A WONDERFUL DAY

Brendaniel:
We are not talking about election here or Peter Obi, we are talking about data here, the time you used to type all these long jargon would have been more than enough to produce the data you claim is available on the internet, except it doesn't exist and you are only looking for a way to divert attention away from that...

demstone:
BRODERLY.. U DONT HAVE TO CROSS CHECK OR BELIEVE WHAT I SAID...BUT I FEEL UR PAIN!!!

OPPOSITION TODAY IS SIMILAR TO HAVING "SHEEP LEAD LIONS"

EXTREMELY FRUSTRATING "NEMO DAT QUOD NON HABET"..

DEY CNT GIVE WHAT DEY DONT HAVE..

HAVE A WONDERFUL DAY

You still you can't provide what you don't have.

IF U SERIOUS , I REPEAT JUST GOOGLE " TOTAL DEBT Q2 2023"..

PERHAPS U WLD ACCEPT D FACT THAT "OBI IS WRONG" ND

JAGABAN IS D GREATEST OF ALL TIME... LOL

Brendaniel:
You still you can't provide what you don't have.