₦airaland Forum

Reno Omokri Counters Statisense On Tinubu/buhari Debt

Dear @StatiSense,

Thank you for your comment. Actually, this is deceptive and manipulative. The Naira's value under General Buhari is not the same as the Naira's value under President Tinubu, and quantifying Nigeria's total debt only in Naira, without context, of which much of that debt is external loans taken out in dollars, is to paint a false picture of financial profligacy.

Here are the facts that you failed to tell Nigerians. When President Jonathan handed over to General Buhari on May 29, 2015, Nigeria's total public debt was $63.8 billion, equivalent to ₦12.1 trillion.

From $63.8 billion, Nigeria's total public debt rose to $108.2 billion on May 29, 2023, when General Buhari handed over to President Jonathan. I have attached official figures from the Debt Management Office for your information. Please note that this is directly from the DMO and has not been altered by me. You may want to visit dmo.gov.ng to verify this data.

When you add 'illegal' debts taken but not declared by that administration, the figure rises to $113 billion. Some of that debt is why the immediate past Governor of the Central Bank of Nigeria is on trial.

As of today, Nigeria's total public debt is $103.9 billion. It has actually reduced!

However, due to the change in the Naira's value resulting from the flotation of our currency under the Tinubu administration, quantifying our total public debt in Naira gives the false impression that it has risen.

Can you please tell Nigerians the dollar amount of their total public debt on May 29, 2023, versus the dollar amount today, rather than give them Naira figures without context?

I hope you will use your good offices to correct the wrong impression you have given. Thank you.

Reno Omokri

Ambassador Designate to Mexico. Gospeller. Deep Thinker. #TableShaker. #1 Bestselling author of Facts Versus Fiction: The True Story of the Jonathan Years. Hodophile. Hollywood Magazine Humanitarian of the Year, 2019. Business Insider Influencer of the Year, 2022. 21st Most Talked About Person in Africa, 2024.

Source

What the enemies of Nigeria like StatiSense has failed to understand is that Ambassador Reno Omokri is always dealing with the facts not fiction or emotion.

Reno of all people

Eyes can see, hears can hear that Tinubu brought untold pain and hardship into Nigeria.

Inflation is unbearable
Unemployment is unbelievable
Terrorism is off the roof.

Isn't it pathetic that someone as docile as Buhari led Nigeria better than the current APC government?

anku90:
What the enemies of Nigeria like StatiSense has failed to understand is that Ambassador Reno Omokri is always dealing with the facts not fiction or emotion.

Swear that you understand a word that Reno just spewed out.

The argument is even irrelevant. How much debt have been serviced under this government

Very hard truth about the state of our debt but this mischief makers wants to divert the attention of Nigeria.

Jagaban is working greatly and this has proven that StatiSense wrong.

What happened to all debts Yekini has been incurring

Who rubbished the naira?

Is Nigeria using naira or Dollar?

Why must we measure and rate our obligations in dollar?

All these explanations are stupid.
Should he be borrowing at all? Was that not the reason he removed the subsidy?

Where is the subsidy he removed? Is it what he is using to buy/bribe governors to his political party?

OceanMaliya:
Very hard truth about the state of our debt but this mischief makers wants to divert the attention of Nigeria.

So why take a lot of debt when he has almost removed all subsidies?

anku90:
What the enemies of Nigeria like StatiSense has failed to understand is that Ambassador Reno Omokri is always dealing with the facts not fiction or emotion.

Oga, they have settled that gun for hire. The joke will remain on you if all you do is to defend who no send you. Better get your own settlement so that nemesis go even have a little pity on you.

Abi your own suffer na for free

Mumuism tomorrow now the same people would say Governors are recieving more money

PlasmaTV:
Reno of all people

Eyes can see, hears can hear that Tinubu brought untold pain and hardship into Nigeria.

Inflation is unbearable
Unemployment is unbelievable
Terrorism is off the roof.

Isn't it pathetic that someone as docile as Buhari led Nigeria better than the current APC government?

Counter reno....has nigeria's total debt reduced under tinubu or otherwise.... your hypocrisy is as clear as day with this post and your lies shot down.....you have been caught pants down ......go and continue being hungry but as fir the rest of us we are moving on.

Lol. Is Nigeria spending Naira or dollars? They think everyone is d@mb? Who devalued the Naira?

Honorable Reno has really done so much for the reputation and image of our Great country.

The best way to compensate him is to remove Nnamdi Azikwe’s image from the 500 Naira note and replace it with that of Reno.

Why is he countering them

anku90:
What the enemies of Nigeria like StatiSense has failed to understand is that Ambassador Reno Omokri is always dealing with the facts not fiction or emotion.

Your emotions is ruining your sense of reasoning. Go out on the streets and tell people that Nigeria's economy has improved, let’s see if you'll come back home alive with your teeth intact.

Oga PlasmaTV, eye you have but you cannot see, ears you have but you cannot hear. You have selective eyesight and hearing concerning what is happening on the economy of Nigeria.

PlasmaTV:
Reno of all people

Eyes can see, hears can hear that Tinubu brought untold pain and hardship into Nigeria.

Inflation is unbearable
Unemployment is unbelievable
Terrorism is off the roof.

Isn't it pathetic that someone as docile as Buhari led Nigeria better than the current APC government?

They're not ready to learn or listen, Reno. It is deliberate misinformation.
In fact, the latest update since they saw APC convention and preparation for the next election is chaos. Their major influencers know and are clearly asking for revolution now. They don't even want a protest again, they want the country to burn. You'd think that woman that wanted the baby killed during Solomon's time was wicked.

anku90:
What the enemies of Nigeria like StatiSense has failed to understand is that Ambassador Reno Omokri is always dealing with the facts not fiction or emotion.

So with this sense it is safe to say that minimum wage is a misery 55dollars
Minimum hourly wage is less than a dollar.

I don't understand how he is using the devaluation of our currency as a valid reason for the profligacy of debt under this administration.

Mumuism tomorrow now the same people would say Governors are recieving more money. They won't convert the dollar value then . When they give people peanut as minimum wage they won't convert the dollar value then.

MijinDagu:
Jagaban is working greatly and this has proven that StatiSense wrong.

Foolish and stupid analysis

HacheNoire:
Honorable Reno has really done so much for the reputation and image of our Great country.

The best way to compensate him is to remove Nnamdi Azikwe’s image from the 500 Naira note and replace it with that of Reno.

i like this guy so much, he have done so much for himself and his family

anku90:
What the enemies of Nigeria like StatiSense has failed to understand is that Ambassador Reno Omokri is always dealing with the facts not fiction or emotion.

I think you are the enemies of progress here. How has the the present regime helped you and your household ?

It's your type that made Nigeria to be where it is today. They see white and call it black probably they are being paid 30k per month to defend incompetence and ineptitude

From $113B to $103B, do the maths.

helinues:
The argument is even irrelevant. How much debt have been serviced under this government

hslbroker2:
i like this guy so much, he have done so much for himself and his family

You are right about that. A service to humanity is still a service to one’s self and family.

U go defend failure tire...

Timmi:
Oga PlasmaTV, eye you have but you cannot see, ears you have but you cannot hear. You have selective eyesight and hearing concerning what is happening on the economy of Nigeria.

Are you saying that the economy is improving and getting better than when it was in 2014 before 2015?

Reno Omokri is always loaded with facts and backups. Thank you Sir.