₦airaland Forum

Ah. Tunubu na onigbese o!

You can imagine the Loan difference just for 3yrs, even after removing every Subsidies,.

The loans is not reflecting in the Life of common Nigerians.

He is after 2027, reasons he is dashing Governors Billions for Defection to the ruling party.

Mention one new tax that was introduced by Tinubu. If you are a salary earner whats the difference between your payee under Buhari annd now?

Offpoint1:
Tinubu remove almost all subsidies in Nigeria and introduce new various taxes, yet is more indebted than Buhari.... Yet we're not asking questions.

Where are the money going to?

SmartPolician:
Tinubu wants to wreck Nigeria with debts - the same thing he and his cohorts did to Lagos State. Nigeria is obviously in wrong hands now.

The same reason the economy of your state is better than Lagos.

oyebanji:
Mention one new tax that was introduced by Tinubu. If you are a salary earner whats the difference between your payee under Buhari annd now?

Is it only the paye? What about his net pay?

Who devalued the naira? Who removed fuel subsidy the first day he came on board.Your master strategist is a specialist in failure 😂.

Kingosytex:
Watch the hungry, retarded, chamelonic Reno spew out baseless statistics to dispute this

Reno is hungry, unstable clown.

You can insult him all you want. The fact remains that he's not poor and he doesn't even know you exist!

I doubt therel will be a worse government than this current one. Nigeria has been taken several kilometers back. Na wa o!

Buhari was a disaster Tinubu is a tribulation.Most Nigerians embraced message CHANGE APC was presenting to them in 2015 without bothering to pause,think and ask,what kind of change it was?

yemre:
You can insult him all you want. The fact remains that he's not poor and he doesn't even know you exist!

stop defending evil oga!

Who was that person once asking me for evidence that this administration has borrowed the most in spite of subsidy removal?

erniok2:
I'd love to see this debt profiles in the USD it was borrowed with because if you look at the different conversion rates, the news becomes just sensational.

Isn't Tinubu who devalued the Naira to it's all time high of 1900 Naira to a Dollar.

Ŕenewed hope was all about mega project to justify rigging in. Mega roads, flyovers, airports and more. No improved healthcare. No improved education. No indistries. No power. No security for entrepreneurs.
Productive subsidies are being removed blatantly in favour of unproductive ones like hajj, mosque buildings, imam & Malam salaries/stipends, ramadan packages. Wastage remains unchecked.

yemre:
You can insult him all you want. The fact remains that he's not poor and he doesn't even know you exist!

+
Pathetic.

erniok2:
I'd love to see this debt profiles in the USD it was borrowed with because if you look at the different conversion rates, the news becomes just sensational.

+
Public debt is mostly in local currency so go and sit down.

Also, as someone pointed out already, same administration is responsible for devaluing the naira.

...na statistics we go chop

oyebanji:
Mention one new tax that was introduced by Tinubu. If you are a salary earner whats the difference between your payee under Buhari annd now?

K

And now that oil prices have seen a similar Jonathan era $100 dollar gallop, well above budget benchmarks, there is really nothing more to harangue previous administrations for.

Everything they were accused off is happening again and in some cases much worse.

So...what is happening to the infamous EXCESS CRUDE ACCOUNT. Oga President....

what will affliction jiz say about this information

jiz:
Atiku should go and rest
Affliction shall not rise again

life goes on

Reference:
And now that oil prices have seen a similar Jonathan era $100 dollar gallop, well above budget benchmarks, there is really nothing more to harangue previous administrationa for.

Everything they were accused off is happening gain and in some cases much worse.

So...what is happening to the infamous EXCESS CRUDE ACCOUNT. Oga President....

In what specific cases is APC and Tinubu doing anything better since 2015 than PDP did for 16 years of widespread prosperity, peace, security and less corruption, built on deregulation and privatisation policies

dododawa1:
life goes on

No life does not go on.

They need to explain where the remaining $36 dollars a barrel is going. They asked this question of other governments before them. They, including governors forum chair Rotimi Amaechi back then insisted the money be 'shared' to sub-nationals.

Where is the $36 dollar difference.
.

There's no single reason to have Tinibu re-elected

oyebanji:
This is being clever by half. What is the dollar value of the loans for the 2 periods?
To put this in context, under Buhari, Naira to USD was averagely N320 while under Tinubu its averagle N1400. At Buharis N75trn and Tinubu's N65trn, loans under Burai is $234bn while same under Tinubu is $46bn.

Thank you for this analysis. But unfortunately, those you have taken your time to do this analysis for are already blinded by hate, they lack the wisdom to do an unbiased analysis so they could form an opinion on their won. Rather, they prefer to jump on whatever they're fed, so far it aligns with what they want to hear.

Nigeria entered the Buhari era carrying $64 billion in debt, a burden borne by every citizen. Eight years later, that figure had grown to $108 billion, meaning his government added $44 billion to what Nigerians owe the world. Tinubu inherited that full weight, and in just over two years has brought it down to $104 billion; a $4 billion reduction.

The alarming naira debt figures are not a new crisis; they are an old one finally made visible. For decades, artificially fixed exchange rates and fuel subsidy abuse allowed successive governments to disguise the true cost of borrowing and governance. Floating the naira and ending the subsidy did not create the problem they simply stopped hiding it.

Loans where being borrowed but no infrastructure or industries or investment were made with the money. The Apc government under Tinubu and Buhari is so far a disaster. I regret even supporting Tinubu, i though he will be reasonable man who will do the proper thing to develop the economy. Tinubu's incompetency is highly unprecedented; he is running a lackluster government secondary to the government of Buhari. Serious questions needed to be asked on what all these funds were used for?

oyebanji:
This is being clever by half. What is the dollar value of the loans for the 2 periods?
To put this in context, under Buhari, Naira to USD was averagely N320 while under Tinubu its averagle N1400. At Buharis N75trn and Tinubu's N65trn, loans under Burai is $234bn while same under Tinubu is $46bn.

Joke's on you actually. Whose job is it to ensure stability of the Naira vs Dollar, whosw job is it to manage Inflation and review currency devaluatuon... it's the man on the saddle ...and guess who that man is at this time?🤔
Now you know and pls stop this closed-minded way of thinking... there's always room to improve. Not finding justification to increase the burden on the people by hyper-taxing them, mismanagibg their resources, boelrrowing to fund projects that are clearly misplaced priorities while the vast majority continue to wallow in poverty and a few corridor sycophants and cronies enjoy contracts and good will so they can have 3nergy to be singing his praises and a few of your type who received nothing but a bag of rice from "City boys movement " will come here to setup all these weak and crappy defence rhetorics in favor of a man who don't mean well for you and who has continued to attract debts that you and your lineage may have to pay for generationally long after he's gone from office and perhaps from the earth.....dem swear for some of una for here? una no dey see or hear?!!!

symbianDON:
stop defending evil oga!

How have I defended evil? For crying out loud I don't even know him! His name was never mentioned in the post, yet, someone has decided to mention his name just because of hatred. It's not proper. it's not even fair. You need not the real a thread just because you hate someone. It is just common sense.

Ki

oyebanji:
This is being clever by half. What is the dollar value of the loans for the 2 periods?
To put this in context, under Buhari, Naira to USD was averagely N320 while under Tinubu its averagle N1400. At Buharis N75trn and Tinubu's N65trn, loans under Burai is $234bn while same under Tinubu is $46bn.

Now you will also agree with the increase in FAAC that Tinubu brag about is hoax, judging by your submission states got huge allocations during Bihari when compared to what they are getting now from Tinubu. Do you agree?

dododawa1:
life goes on

Indeed life goes on, with greater debt to be paid by future generations despite city boy saving $84 billion from subsidy removal and bragging about stopped borrowing due to higher revenue target in August.

That was the same way the balablu man bragged about ending corruption since May 2023.



https://www.youtube.com/watch?v=E1p2_kaKV6g




https://www.youtube.com/watch?v=eEsh7ErclX4

Eniitankorede:
Can you exchange that into dollars please? I want to see something. Afterall, debts will be paid in dollars, not naira.
Secondly, apart from second Niger bridge, show me any other major projects of Buhari. Tinubu is building the two longest roads in Nigeria at same time. He is building railways all over the country. Governors have triple money on what they used to get under Buhari. Where did all that come from? If your governor is not helping to reduce poverty among his people, whose fault is that?

you are very blind i must say, may be na ur papa construct the road from Keffi down to makurdi