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Borrowing Jumped From N87tn Under Buhari to N200tn Under Tinubu — Peter Obi - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsBorrowing Jumped From N87tn Under Buhari to N200tn Under Tinubu — Peter Obi (6051 Views)

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Borrowing Jumped From N87tn Under Buhari to N200tn Under Tinubu — Peter Obi by givedemwotowoto(op): 4:09pm On Apr 14
“When Buhari came in, our borrowing was about N13 trillion; when he left, it was N87 trillion. Today, we’re hitting N200 trillion without anything to show for it. Subsidy has been removed in petroleum and power, and yet we have borrowed more. Our budgets are not financed. In the entire 2025 budget for capital projects, contractors are being owed.” — Peter Obi

Re: Borrowing Jumped From N87tn Under Buhari to N200tn Under Tinubu — Peter Obi by givedemwotowoto(op): 4:10pm On Apr 14
President Tinubu has borrowed close to N200 Trillion naira with nothing to show for it, after taking away petrol subsidy

High insecurity, the worst in Nigeria's history — Little to no effort in fighting it.

Economy is in shambles, no meaningful economic impact on the citizens.

Highest poverty rate on the entire planet — Nigeria has more poor people than India, the most populous country in the world.

High corruption everywhere, lack of transparency, executive influence on the judiciary and legislative.

Shege Pro Max tax coming — it has been put on hold due to 2027 elections.

Stand up and fight against re-electing this government because your life for the next 4 years depends on it: insecurity, more taxes, more impunity, more hardship and so on. If it doesn't affect you directly, it will affect your neighbor and when they have nothing to eat, they will come knocking
Re: Borrowing Jumped From N87tn Under Buhari to N200tn Under Tinubu — Peter Obi by Odin13: 4:18pm On Apr 14
Wait till data boys comes to insult and abuse
Re: Borrowing Jumped From N87tn Under Buhari to N200tn Under Tinubu — Peter Obi by Borrow2222: 4:21pm On Apr 14
givedemwotowoto:
“When Buhari came in, our borrowing was about N13 trillion; when he left, it was N87 trillion. Today, we’re hitting N200 trillion without anything to show for it. Subsidy has been removed in petroleum and power, and yet we have borrowed more. Our budgets are not financed. In the entire 2025 budget for capital projects, contractors are being owed.” — Peter Obi

Like PO said, we truly have a serious problem in Nigeria now.

That APC still has supporters is what I don’t understand despite the glaring evidence of gross incompetence.
Re: Borrowing Jumped From N87tn Under Buhari to N200tn Under Tinubu — Peter Obi by alsudan: 4:24pm On Apr 14
Tinubu has come to steal, kill and destroy Nigeria.

He Must be sent Packing next year.
Re: Borrowing Jumped From N87tn Under Buhari to N200tn Under Tinubu — Peter Obi by givedemwotowoto(op): 4:24pm On Apr 14
Borrow2222:
Like PO said, we truly have a serious problem in Nigeria now.

That APC still has supporters is what I don’t understand despite the glaring evidence of gross incompetence.
Darkness persists until light shines

If the common continues to stay mute and play it safe, people will feel powerless and submit to impunity

Every Nigerian who doesn't support this level of incompetence and impunity must stand up and fight back.
Re: Borrowing Jumped From N87tn Under Buhari to N200tn Under Tinubu — Peter Obi by PlasmaTV: 4:28pm On Apr 14
Tinubu is a disaster. Borrowing to fund his lavish lifestyle. And his supporters are supporting madness.

They'll come and insult Obi and Igbo people. I don't understand it. I don't.
Re: Borrowing Jumped From N87tn Under Buhari to N200tn Under Tinubu — Peter Obi by TimeManager(m): 4:37pm On Apr 14
Must Peter Obi always lie?, where does he gets his own inaccurate figures from?, could it be from his mentally unstable friend in Anambra he told us about?.

In actual fact, Reno Omokri has put paid to this argument recently when Statisense and Daily Trust misinformed the public about the debt profile of Tinubu's Administration. After setting the records straight, both media outlet admitted to their errors.

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 Tinubu.

When you add 'illegal' debts taken but not declared by that administration, such as the ways and means, 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!
Peter Obi had refused to heed advice, he has rebranded his image into someone whose words has to be regularly fact checked as a result of his dishonesty and penchant for lying.
The more you expect him to overhaul, the more he drops another howler.


-Kiss the truth!

Re: Borrowing Jumped From N87tn Under Buhari to N200tn Under Tinubu — Peter Obi by PlasmaTV: 5:00pm On Apr 14
TimeManager:
Must Peter Obi always lie?, where does he gets his own inaccurate figures from?, could it be from his mentally unstable friend in Anambra he told us about?.

In actual fact, Reno Omokri has put paid to this argument recently when Statisense and Daily Trust misinformed the public about the debt profile of Tinubu's Administration. After setting the records straight, both media outlet admitted to their errors.



Peter Obi had refused to heed advice, he has rebranded his image into someone whose words has to be regularly fact checked as a result of his dishonesty and penchant for lying.
The more you expect him to overhaul, the more he drops another howler.


-Kiss the truth!
Cosmetic accounting is what you are doing.

Bonkers bonkers.
Re: Borrowing Jumped From N87tn Under Buhari to N200tn Under Tinubu — Peter Obi by givedemwotowoto(op):
TimeManager:
Must Peter Obi always lie?, where does he gets his own inaccurate figures from?, could it be from his mentally unstable friend in Anambra he told us about?.

In actual fact, Reno Omokri has put paid to this argument recently when Statisense and Daily Trust misinformed the public about the debt profile of Tinubu's Administration. After setting the records straight, both media outlet admitted to their errors.

Peter Obi had refused to heed advice, he has rebranded his image into someone whose words has to be regularly fact checked as a result of his dishonesty and penchant for lying.
The more you expect him to overhaul, the more he drops another howler.


-Kiss the truth!
You fell for Reno's cheap trick meant for people who are poor in simple Math. His target audience is Tinubu supporters in general.

$113 billion dollars in 2023 under Buhari was about N60 trillion naira (N500 ~ $1)

$104 billion dollars in 2025 under Tinubu was over N135 trillion naira (N1,300 ~ $1)

2026 debt projections (based on huge budget deficits and so on) are between N180 trillion to N200 trillion+

Re: Borrowing Jumped From N87tn Under Buhari to N200tn Under Tinubu — Peter Obi by michoim(m): 6:44pm On Apr 14
N87trn for 8years of Buhari to N200trn for less than 3 years of Tinubu with subsidy removal...
Re: Borrowing Jumped From N87tn Under Buhari to N200tn Under Tinubu — Peter Obi by RollinTNDA: 6:44pm On Apr 14
When Buhari came in, our borrowing was about N13 trillion; when he left, it was N87 trillion. Today, we’re hitting N200 trillion without
Re: Borrowing Jumped From N87tn Under Buhari to N200tn Under Tinubu — Peter Obi by owobokiri(m): 6:45pm On Apr 14
I heard that all they do now is to loot the budget.

Re: Borrowing Jumped From N87tn Under Buhari to N200tn Under Tinubu — Peter Obi by Bobloco: 6:45pm On Apr 14
owobokiri:
I heard that all they do now is to loot the budget.
And also loot the borrowings
Re: Borrowing Jumped From N87tn Under Buhari to N200tn Under Tinubu — Peter Obi by Stevosty: 6:45pm On Apr 14
Generational debt with nothing to show.
Re: Borrowing Jumped From N87tn Under Buhari to N200tn Under Tinubu — Peter Obi by udemzyudex(m): 6:46pm On Apr 14
Dem say na exchange rate so make we leave am like that.
Re: Borrowing Jumped From N87tn Under Buhari to N200tn Under Tinubu — Peter Obi by geoworldedu: 6:47pm On Apr 14
Fuel subsidy, dollar- naira floating, yet this clueless soul couldn't improve standard of living. Ozwor.
Re: Borrowing Jumped From N87tn Under Buhari to N200tn Under Tinubu — Peter Obi by fineboynl(m): 6:49pm On Apr 14
Despite subsidy removal. The pains Nigerians are going through.

The devaluation of Nigeria economy and inflation destroyed productiveness.
Re: Borrowing Jumped From N87tn Under Buhari to N200tn Under Tinubu — Peter Obi by owobokiri(m): 6:50pm On Apr 14
Bobloco:
And also loot the borrowings
That's all they came to power to do.., loot, loot and loot..
And it must be stated that those who sent them to Abuja also knew about this. They were sent to Abuja to loot for the home front ". Otherwise, they would have gone for saner candidates..
It is a lootocracy at this juncture. Some sort of "you loot and I loot" kind of "democracy". That was why APC was formed. To loot..
Nothing else..
Re: Borrowing Jumped From N87tn Under Buhari to N200tn Under Tinubu — Peter Obi by oyeb15: 6:51pm On Apr 14
Tinubu came to steal and destroy
Re: Borrowing Jumped From N87tn Under Buhari to N200tn Under Tinubu — Peter Obi by Massyi: 6:51pm On Apr 14
May God help us in this country
Re: Borrowing Jumped From N87tn Under Buhari to N200tn Under Tinubu — Peter Obi by wonlasewonimi: 6:53pm On Apr 14
They will soon come to attack him now...all the blind followers of iragbiji American accent shaku drug lord.
Re: Borrowing Jumped From N87tn Under Buhari to N200tn Under Tinubu — Peter Obi by Putinofrussia:
Did Tinubu borrow in naira and is he going to pay in naira?.
Tell us the amount in dollar and remember to say that Tinubu paid $7 billion and cleared all IMF loans of $3.4 billion debt he met on ground,sir.
Re: Borrowing Jumped From N87tn Under Buhari to N200tn Under Tinubu — Peter Obi by Pootle: 6:58pm On Apr 14
regular arise customer
Re: Borrowing Jumped From N87tn Under Buhari to N200tn Under Tinubu — Peter Obi by LegendHero(m): 7:04pm On Apr 14
If you lie pass Obi for this world, you need deliverance.

No be only 200trillion, na 900 trillion.
Re: Borrowing Jumped From N87tn Under Buhari to N200tn Under Tinubu — Peter Obi by jogojogo: 7:06pm On Apr 14
givedemwotowoto:
President Tinubu has borrowed close to N200 Trillion naira with nothing to show for it, after taking away petrol subsidy

High insecurity, the worst in Nigeria's history — Little to no effort in fighting it.

Economy is in shambles, no meaningful economic impact on the citizens.

Highest poverty rate on the entire planet — Nigeria has more poor people than India, the most populous country in the world.

High corruption everywhere, lack of transparency, executive influence on the judiciary and legislative.

Shege Pro Max tax coming — it has been put on hold due to 2027 elections.

Stand up and fight against re-electing this government because your life for the next 4 years depends on it: insecurity, more taxes, more impunity, more hardship and so on. If it doesn't affect you directly, it will affect your neighbor and when they have nothing to eat, they will come knocking
Peter Obi is very dull.
He should continue trading please
How does one live his life lying all day ceaselessly?
Re: Borrowing Jumped From N87tn Under Buhari to N200tn Under Tinubu — Peter Obi by Lithiumite: 7:06pm On Apr 14
givedemwotowoto:
You fell for Reno's cheap trick meant for people who are poor in simple Math. His target audience is Tinubu supporters in general.

$113 billion dollars in 2023 under Buhari was about N60 trillion naira (N500 ~ $1)

$104 billion dollars in 2025 under Tinubu was over N135 trillion naira (N1,300 ~ $1)
Still short of the 200 trillion obi is lieing about
Re: Borrowing Jumped From N87tn Under Buhari to N200tn Under Tinubu — Peter Obi by givedemwotowoto(op): 7:07pm On Apr 14
Lithiumite:
Still short of the 200 trillion obi is lieing about
Obi is talking in 2026 not 2025. Have some shame abeg
Re: Borrowing Jumped From N87tn Under Buhari to N200tn Under Tinubu — Peter Obi by Funkyswagzz(m): 7:10pm On Apr 14
So what is the essence of removing the subsidiaries. This is the greatest height of criminality and some people have the courage to support it
Re: Borrowing Jumped From N87tn Under Buhari to N200tn Under Tinubu — Peter Obi by chrisukeka(m): 7:11pm On Apr 14
How much has Tinubu borrowed since he assumed office? 🤔

Give us the accurate figure


jogojogo:
Peter Obi is very dull.
He should continue trading please
How does one live his life lying all day ceaselessly?
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