₦airaland Forum

The master strategist na complete eleriibu

givedemwotowoto:
Obi is talking in 2026 not 2025. Have some shame abeg

103b usd was our debt as at jan 26,tinubu just requested another 6b usd where are you getting your figures from....still falls way short of the 200trn obinis lieing about.

This borrowing has become so unrealistic.
It's very clear now that we have no working government.

In 3yrs Tinubu has made borrowing his hobby and made taxing the commoners his foremost choice.

These are most pathetic times Nigerians face under Tinubu. I strongly believe we shall sail through. At least the few that could survive after his tenure 2027 or 2031.

Tinubu can not extinct Nigeria nor the diver tribes and ethnic groups. GOD made these people from creation. No man can vanish them from the face of this earth.

Rather the man would rot in HELL.

SO IN REAL TERMS NIGERIAS DEBT HAS REDUCED BY ABOUT 10BILLION DOLLARS BUT INCREASED DUE TO NAIRA DEVALUATION NOT BORROWING

SO OBI AS USUAL LIED TO HIS GULLIBLE FOLLOWERS

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)

This is a very strong allegations against the government

DAT $6B WAS MAINLY TO PAY PREVIOUS DEBT MY DEAR..

Lithiumite:
103b usd was our debt as at jan 26,tinubu just requested another 6b usd where are you getting your figures from....still falls way short of the 200trn obinis lieing about.

chrisukeka:
How much has Tinubu borrowed since he assumed office? 🤔

Give us the accurate figure

Dat one fit? Whoosaii!

alsudan:
Tinubu has come to steal, kill and destroy Nigeria.

He Must be sent Packing next year.

lol, If we compare Tinubu’s borrowing with Buhari’s, it’s not as simple as saying one is just borrowing more.
During Buhari’s time, the naira was stronger against the dollar, around 750 to 800 naira per $1. Now it is around 1,360 per $1. So if Nigeria owes, for example, $1 billion, the amount in naira terms will automatically look much bigger today even if the dollar amount has not increased. That is because the naira has lost value, not necessarily because more money was borrowed.
Also, since Tinubu came in, there have been several major spending commitments. Student loans were introduced, salaries were increased for police, teachers, military, and NYSC members, and some outstanding arrears for doctors were paid. There are also more federal road projects going on compared to previous years, and state allocations have increased significantly, in some cases two to three times higher.
All these things require a lot of money.
So the question is, where is the government getting the funds from to cover all these expenses? It is not like the money is coming from nowhere.

How far 9ja? The country get as e be ooo.

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

“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… pic.twitter.com/gsCKcfyXt4

— TheCable (@thecableng) April 13, 2026

With nothing to show for it.

LET'S NOT ALSO FORGET DAT PMB DIDNT JUST LEAVE 87TRILLION DEBT BUT HE ALSO LEFT AN UNACCOUNTED 30TRILLION PRINTED

AN AMOUNT TINUBU HAD TO SECURITIZE INTO DEBT..

OBI IS FALLING INTO A TRAP BUT HE DOESNT KNOW "AS USUAL"

EVENTUALLY DIS WLD B USED TO DISCREDIT HIM ND PROVE HIM TO B A LIER ND INCOMPETENT

Upon say subsidy was removed and the cost of living went bunkers! Chai! This Tinubu era na total disaster!

demstone:
SO IN REAL TERMS NIGERIAS DEBT HAS REDUCED BY ABOUT 10BILLION DOLLARS BUT INCREASED DUE TO NAIRA DEVALUATION NOT BORROWING

SO OBI AS USUAL LIED TO HIS GULLIBLE FOLLOWERS

Nigeria is going to get the money to pay back the debt from its taxpayers in naira, so focus on is the naira value of the debt. Reno is only talking about dollar value to confuse people like you

Omo this APC level brain capacity na wah.

OBI AS USUAL LIED..

DEVALUATION ND BORROWING ARE TWO DIFFERENT THINGS..

TINUBU HAS ACTUALLY REDUCED OUR DEBTS...

4 UR INFO.. NAIRA IS NO LONGR CARRYING D WEIGHT OF SUBSIDY,

SO NAIRA IS EXPECTED TO CONTINUE TO REGAIN LOST VALUE WITH TIME

NAIRA WAS #2000/$ IN 2024 TODAY IT IS #1359/$ STILL COUNTING

givedemwotowoto:
Nigeria is going to get the money to pay back the debt from its taxpayers in naira, so focus on is the naira value of the debt. Reno is only talking about dollar value to confuse people like you

Omo this APC level brain capacity na wah.

Tinubu is a disaster

demstone:
OBI AS USUAL LIED..

DEVALUATION ND BORROWING ARE TWO DIFFERENT THINGS..

TINUBU HAS ACTUALLY REDUCED OUR DEBTS...

4 UR INFO.. NAIRA IS NO LONGR CARRYING D WEIGHT OF SUBSIDY,

SO NAIRA IS EXPECTED TO CONTINUE TO REGAIN LOST VALUE WITH TIME

NAIRA WAS #2000/$ IN 2024 TODAY IT IS #1359/$ STILL COUNTING

Naira terms, do we owe more money today compared to when Tinubu took over power, or not?

You will pay taxes in Naira for FG to pay it back. Yes or no?

Obi the DG of our statistics bureau

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

“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… pic.twitter.com/gsCKcfyXt4

— TheCable (@thecableng) April 13, 2026

Lithiumite:
103b usd was our debt as at jan 26,tinubu just requested another 6b usd where are you getting your figures from....still falls way short of the 200trn obinis lieing about.

You no de hear word. 2026 debt projections (based on huge budget deficits and so on) are between N180 trillion to N200 trillion+

owobokiri:
I heard that all they do now is to loot the budget.

if u believe buhari was cloned then u should believe this

Where did federal salary came from?
What about developmental projects?
What about nelfund?
What about coastal road?
What about financing of health sector?
Kidney dialysis subsidy?
Coastal road?


Once it's against tinubu una go just off sense

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 $3.4 billion debt he met on ground,sir.

He paid 10 billion dollars and borrowed more than that what exactly are you trying to prove. You service your debt with over 1.5 trillion every 3onths please how can you justify that?

Okay, it's Noted and We will be Demanding --What they Have All Used the Money for!
• It is the Citizens Right and Duties to Ask their Leaders - Including,
• The Governors - Both PAST and Present - what they used the Borrowed Money to do.
• the Ministers- PAST and Present,
- What They COLLECTED and
- What they Used the Funds in the Budgets -Money 🤑 For?
• The Legislatures - Our National Assembly Members:
- Senators and House of Reps,
• - What they Used the CONSTITUENCY PROJECTS MONEY 💰 For,In Our Local AREAS - Rural AREAS and Why Are The Masses Not Feeling the Developments?
Just FACTS AND TRUTH -Questions ⁉️

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)

After the bolded, I don't expect you to still be arguing blindly

Funkyswagzz:
He paid 10 billion dollars and borrowed more than that what exactly are you trying to prove. You service your debt with over 1.5 trillion every 3onths please how can you justify that?

How much have Tinubu borrow?

But this is from grok. Which way naija, I don't have any supporter before you come for me.

Parachoko:
After the bolded, I don't expect you to still be arguing blindly

I have updated the post you quoted, for people that need the simple ABCs to be highlighted

You removed subsidy

You torture Nigerians with clueless policy

Na you still borrow pass

How else can a government be useless abeg?

It is a national assignment to retrieve our country from these beasts in power

How can you remove subsidy and still borrow highest?

BATified2023:
if u believe buhari was cloned then u should believe this

Where did federal salary came from?
What about developmental projects?
What about nelfund?
What about coastal road?
What about financing of health sector?
Kidney dialysis subsidy?
Coastal road?


Once it's against tinubu una go just off sense

You should know by now that I am not the type you chase around with your APCs propaganda talking points..
Below are the facts, deal with it.
You kwurupt lot elected a government that is solely interested in increasing taxes and looting the country bare...
History will remember all of you for this infamy..

There are indications that Nigeria may be facing a fiscal crises following reports of large-scale underfunding of capital budgets.


Financial analysts say the development is set to jeopardize the current administration’s target of $1 trillion economy by 2030.


Already, the development is unsettling the National Assembly, which has begun scrutinizing the details of the implementation of the capital component of the budget.

The scrutiny was sparked off by shocking disclosures at the National Assembly by several ministries at the budget defense sessions, where the Ministers and heads of agencies said they received only a tiny fraction of funds approved for capital projects in the 2025 fiscal year.

So far it has been found out that only N9.13 billion or 1.3 percent was released out of N1.218 trillion capital budgets of eight ministries for execution of the budgeted projects, leaving a funding gap of 98.7 percent.

The Federal Government’s executives admitted to lawmakers that billions of naira appropriated by the parliament for infrastructure, health, and development projects were never released to their ministries.

The revelation reached a dramatic point when the Minister of Health and Social Welfare, Muhammad Ali Pate, disclosed before the House of Representatives Committee on Healthcare Services that his ministry received only N36 million, about 0.02 percent of the N218 billion approved for capital expenditure in the 2025 budget, a disclosure that has triggered outrage among members of the House of Representatives and raised serious questions about Nigeria’s budget implementation framework.

These fresh revelations have also exposed a troubling reality in Nigeria’s public finance system: billions of naira approved by lawmakers for capital projects in 2025 were either drastically under-released or not released at all.

Vanguard also learnt that other infractions such as selective releases have been uncovered.
The disclosures made by ministers and heads of agencies while defending their 2026 budget proposals have raised serious concerns among lawmakers about the credibility of Nigeria’s appropriation process and the growing gap between budget approvals and actual project execution.

Evidence across other ministries
Vanguard findings show similar tales of woes on capital budget releases across many other ministries.
Multiple ministries and agencies disclosed that they received only a tiny fraction of their capital allocations in 2025.

Some of them include Ministry of Women Affairs which got N394.8 million released, just 0.44% of the approved capital budget of N89.8billion; Ministry of Marine & Blue Economy, ¦ 202million, about 1.7% releasedout of the N353billion capital budget; Ministry of Transportation received N2.5 billion, about 1.0% out of the approved N256.7billion capital budget; Federal Ministry of Housing & Urban Development got N2.0 billion, about 2.0% of the N100billion capital budget; Federal Ministry of Water Resources got N1.0 billion, about 1.5% of the N80billion capital budget; and Ministry of Agriculture & Food Security, which got N3.0 billion out of N120billion budgeted.


MORE HERE :

https://www.vanguardngr.com/2026/04/capital-budgets-without-cash-how-ntrillions-approved-by-nass-failed-to-reach-mdas/

APC on a norms dem come finish this country kpatakpata ....how dem wan use pay that money ...make dem go arrest those people wey borrow and there relatives ...if dem sell all APC members and supporters e no reach 1billion

This apc govt is no doubt a calamity all those vehemently defending them will surely get their rewards here on earth and the great beyond

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 $3.4 billion debt he met on ground,sir.

When government is no longer paying subsidy and the naira has been floated....?
Comon mein

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

“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… pic.twitter.com/gsCKcfyXt4

— TheCable (@thecableng) April 13, 2026

it is only fools that will believe this