₦airaland Forum

[quote author=WorkTheTalk post=139200135]No. That is the drug lord being exposed. Your mother's crush.

RENO OMOKRI REITERATES FOR THE UMPTEENTH TIME THAT TINUBU IS A CONFIRMED
DRUG LORD pic.twitter.com/qKIFGrFxlr

— BLESSED 🥷 (@Dee_9889) February 16, 2026

that our ambassador to Mexico? i see you believe everything he says. So smart.

Hez143:
that a dumb question to ask even a contractor sef, terrains are not the same,so the price can't be determined like that.if you're into construction,you'll know better.
the new loan they are requesting is for the sokoto-badagry expressway

So it means we should not ask contractors how they spend the borrowed funds?
wow. If they don't know the cost of the projects, should we allow them to keep borrowing?
And how do they come up with the total cost of the contracts?

buhariguy:
none is a fool,

This is how you defended Buhari for 8 years and later complained.

You have started again in the same tragetory...

First fool no be fool, na second fool be proper olodo.


🤣🤣🤣🤣🤣

Parachoko:
Which money was saved from Subsidy?

4 trillion Buhari was paying each year for subsidy

A very good question.

We are not paying subsidy anymore and we are still borrowing and borrowing and borrowing Everytime.

Nigeria needs to be heavily industrialized and focus more on manufacturing and less of dependency on importations

buhariguy:
4 trillion Buhari was paying each year for subsidy

He borrowed the 4 trillion naira.

Now, we don't need to borrow 4 trillion to pay for subsidy again

If you talk they will say the are borrowing for infrastructure. Yet can't tell us how they are spending the money. I'm very sure more than have of the borrowed funds are going into private pockets.

Image123:
Is that our ambassador to Mexico? i see you believe everything he says. So smart.

Yes, Reno Omokri. One of the rogues the drug lord likes to work with. Rogues bond with rogues. Same with rogues supporters.

Parachoko:
You don't need to be close to the corridors of power in the white house to know what's happening in the white house

We're in 2026, upgrade the way you reason bro.

Asiwaju is not borrowing to pay salaries and pensions like Jonathan and Buhari.

Asiwaju is only borrowing for infrastructure

Comparing The White House to Aso Rock is the definition of being delusional.I will say no more.

Image123:
You're wrong as usual.

Forget about being wrong for now.

You have good Job, so how can I get a good job?

jchioma:
So, all these monies were paid from subsidy removal? You forget that Nigeria as an oil producer nation generates trillions annually from sales of crude oil and other bye products? A prudent country with huge reserves should have no business going from place to place borrowing money even after removing subsidy that rakes in more trillions.

Let’s just say we are not ready yet for the change we need to put the country in the path of true prosperity and stability.

According to google

As of April 2026, Nigeria's crude oil production is approximately 1.84 million barrels per day (bpd)

Nigeria's population in 2026 is projected to be approximately 242.4 million people.

As of March 2026, Saudi Arabia's crude oil production was reported at approximately 7.8 million barrels per day (bpd)

Based on 2026 projections, the population of Saudi Arabia is estimated to be approximately 35.17 million to 36.55 million.

Yes, Saudi Arabia is a debtor and holds significant public debt to various international and domestic monetary sources. As of mid-2025, total direct indebtedness was approximately SAR 1,386.4 billion ($369.7 billion), split between domestic and external creditors, used to fund economic diversification projects under Vision 2030 and manage budget

So what do you have to say about this?

Guestmale:
According to google

As of April 2026, Nigeria's crude oil production is approximately 1.84 million barrels per day (bpd)

Nigeria's population in 2026 is projected to be approximately 242.4 million people.

As of March 2026, Saudi Arabia's crude oil production was reported at approximately 7.8 million barrels per day (bpd)

Based on 2026 projections, the population of Saudi Arabia is estimated to be approximately 35.17 million to 36.55 million.

Yes, Saudi Arabia is a debtor and holds significant public debt to various international and domestic monetary sources. As of mid-2025, total direct indebtedness was approximately SAR 1,386.4 billion ($369.7 billion), split between domestic and external creditors, used to fund economic diversification projects under Vision 2030 and manage budget

So what do you have to say about this?

Why don’t you also google the minimum wage in those countries where you are copying these statistics from and what they do to government officials who misuse the tax collected compared to Nigeria?

jchioma:
Why don’t you also google the minimum wage in those countries where you are copying these statistics from and what they do to government officials who misuse the tax collected compared to Nigeria?

And what is the minimum wage in Nigeria before Tinubu took over government.

Leonardo4:
But the total money borrowed by Tinubu in less than 4yrs is already almost twice what Jonathan borrowed in 6yrs or what Buhari burrowed in 8yrs. Where is ur sense

But he has also paid more debts than both Jonathan and Buhari combined.
In fact,he paid off all IMF debts that he met on ground.

Savings from the fuel subsidy have been looted by looters in power.

Oga sanusi weep no more, support PETER OBI for the good governance will desire

A NEW NIGERIA IS POssible

Parachoko:
Nigeria was borrowing to pay for subsidy before Asiwaju became the President

Under Jonathan, we were borrowing to pay Salaries, borrowing to pay for subsidy, Pension, and also borrowing to build projects

Under Buhari, we were borrowing to pay subsidy on fuel, and also borrowing to pay salaries, pensions and also borrowing to build projects


Under Asiwaju, we're not borrowing to pay pensions or salaries, we're not borrowing to pay for subsidy, we're only borrowing to spend on Capital Projects.

I expect Sanusi to know there's no problem borrowing to build capital projects

The man fall hand with that question big-time

Greatex90:
My brother keep whist.
There is no justification whatsoever for borrowing.
What improvement have you seen in Nigeria as regards infrastructural development.
Security is on zero levels, No jobs,
Commodities are unpayable.
What is he borrowing for.
It's 4 years yet no constant Light.

You quit paying subsidy yet no Nigerian refinery is working.
You nothing to say about this backward APC GOVERNMENT

Una need eye glasses

COMPAQ:
It doesn't even mean we still cant borrow, but let the borrowing be tied to very specific capital projects.

When you present arguments
Don't be sentimental on the truth


I like the way you put it simple and truth

You need to remove your eye glasses.
It is very clear to see

Fearyourcreator:
Una need eye glasses

The money he borrowed is more than the money he has used to pay IMF.

The use 3 billion dollars to pay IMF loans, he is telling senate that he wants 21 billion dollars .
Please what is the name of this kind of economics?

Putinofrussia:
But he has also paid more debts than both Jonathan and Buhari combined.
In fact,he paid off all IMF debts that he met on ground.

Parachoko:
Yes, I know better than him

Alrighty!

You don't know our economy better than Emir Sanusi

Parachoko:
Nigeria was borrowing to pay for subsidy before Asiwaju became the President

Under Jonathan, we were borrowing to pay Salaries, borrowing to pay for subsidy, Pension, and also borrowing to build projects

Under Buhari, we were borrowing to pay subsidy on fuel, and also borrowing to pay salaries, pensions and also borrowing to build projects


Under Asiwaju, we're not borrowing to pay pensions or salaries, we're not borrowing to pay for subsidy, we're only borrowing to spend on Capital Projects.

I expect Sanusi to know there's no problem borrowing to build capital projects

Greatex90:
The money he borrowed is more than the money he has used to pay IMF.

The use 3 billion dollars to pay IMF loans, he is telling senate that he wants 21 billion dollars .
Please what is the name of this kind of economics?

South Africa has 5 times debt more than Nigeria,why are they still borrowing?
Why are China and USA still borrowing even as they are some of the richest nations in the world?

The subsidy Buhari paid in 8 years was #11 trillion naira.
Last year,the budget needed #40 trillion and revenue the govt got was #10 trillion according to Wale Edun.
Mr Sanusi,is the govt going to use sand to make up the remaining #30 trillion to fund the budget?

As someone who knows a little about Economics and its cohorts,what you or any literate person should ask is...
What are you spending these loans on?
Lots of projects that have never been witnessed in Nigeria are on going , coupled with humongous social welfare,health subsidies etc.
Most previous govts (except a few military govts who could have done triple then but decided to embezzle the funds but still built something) did not build infrastructures but just one or two.
What they did mostly was import food like rice so we could buy at...like some people will say "sheybi we were buying a bag of rice for #3000 now"?
We were/are shameless,importing everything.
No production,No infrastructures,No health,
ASUU strikes all over because they have eaten their money,they were owing workers up to 20 months and so on.
Tinubu has only borrowed around $32 billion and he has paid off around $11 billion he met on ground.
Why are the wicked,let us go back to 'business as usual opposition not asking "Why is Tinubu paying debts he met on ground now"?
Or "why is he doing free technical colleges all over Nigeria with #22,500 stipend paid to students now"?
Bad belle people.
Nigeria,since 1960,has gotten very wicked people as leaders.
You like and go to USA,UK,China,Dubai even South Africa because of their infrastructures which always help in growth,development and better life for the masses of the nation but wicked people are fighting teeth and nails for Nigeria to not build infrastructures.
I never see this kind opposition before.
Opposition is not being mumuish nah.

Parachoko:
Nigeria was borrowing to pay for subsidy before Asiwaju became the President

Under Jonathan, we were borrowing to pay Salaries, borrowing to pay for subsidy, Pension, and also borrowing to build projects

Under Buhari, we were borrowing to pay subsidy on fuel, and also borrowing to pay salaries, pensions and also borrowing to build projects


Under Asiwaju, we're not borrowing to pay pensions or salaries, we're not borrowing to pay for subsidy, we're only borrowing to spend on Capital Projects.

I expect Sanusi to know there's no problem borrowing to build capital projects

with over 100 trillion borrowed so far, what are the impacts of the so capital projects and where are they?

COMPAQ:
It doesn't even mean we still cant borrow, but let the borrowing be tied to very specific capital projects.

Why should you be borrowing when you're supposed to have excess cash due to removal of subsidy and as they said removal of subsidy will lead to excess cash to enable them fund more capital projects?
Are you supporting rubbish because the drug pusher is from your tribe?

I can't understand anything you said.
It's like you forgot that Nigeria is a mixed economy.
Yet People are claiming that Jonathan borrowed to pay workers and borrowed to pay fuel Subsidy.

Tinubu's government borrowed over ₦50 trillion in under two years.
Jonathan's Government borrowed considerably less, with some reports specifically mentioning about $9 billion throughout his entire duration in office. In the era of "alarming corruption ''

Yet there was infrastructural development.
You're supporting rubbish

Putinofrussia:
South Africa has 5 times debt more than Nigeria,why are they still borrowing?
Why are China and USA still borrowing even as they are some of the richest nations in the world?

The subsidy Buhari paid in 8 years was #11 trillion naira.
Last year,the budget needed #40 trillion and revenue the govt got was #10 trillion according to Wale Edun.
Mr Sanusi,is the govt going to use sand to make up the remaining #30 trillion to fund the budget?

As someone who knows a little about Economics and its cohorts,what you or any literate person should ask is...
What are you spending these loans on?
Lots of projects that have never been witnessed in Nigeria are on going , coupled with humongous social welfare,health subsidies etc.
Most previous govts (except a few military govts who could have done triple then but decided to embezzle the funds but still built something) did not build infrastructures but just one or two.
What they did mostly was import food like rice so we could buy at...like some people will say "sheybi we were buying a bag of rice for #3000 now"?
We were/are shameless,importing everything.
No production,No infrastructures,No health,
ASUU strikes all over because they have eaten their money,they were owing workers up to 20 months and so on.
Tinubu has only borrowed around $32 billion and he has paid off around $11 billion he met on ground.
Why are the wicked,let us go back to 'business as usual opposition not asking "Why is Tinubu paying debts he met on ground now"?
Or "why is he doing free technical colleges all over Nigeria with #22,500 stipend paid to students now"?
Bad belle people.
Nigeria,since 1960,has gotten very wicked people as leaders.
You like and go to USA,UK,China,Dubai even South Africa because of their infrastructures which always help in growth,development and better life for the masses of the nation but wicked people are fighting teeth and nails for Nigeria to not build infrastructures.
I never see this kind opposition before.
Opposition is not being mumuish nah.

Nigeria's total public debt before President Bola Tinubu assumed office on May 29, 2023, was ₦87.38 trillion.
Nigeria's total public debt right now is over N159.28 trillion as of December 2025.

That is double of what he met.
It's you're crying about paying 22k naira stipends for students.
Are you not ashamed that you're very subject and Parochial?

Putinofrussia:
South Africa has 5 times debt more than Nigeria,why are they still borrowing?
Why are China and USA still borrowing even as they are some of the richest nations in the world?

The subsidy Buhari paid in 8 years was #11 trillion naira.
Last year,the budget needed #40 trillion and revenue the govt got was #10 trillion according to Wale Edun.
Mr Sanusi,is the govt going to use sand to make up the remaining #30 trillion to fund the budget?

As someone who knows a little about Economics and its cohorts,what you or any literate person should ask is...
What are you spending these loans on?
Lots of projects that have never been witnessed in Nigeria are on going , coupled with humongous social welfare,health subsidies etc.
Most previous govts (except a few military govts who could have done triple then but decided to embezzle the funds but still built something) did not build infrastructures but just one or two.
What they did mostly was import food like rice so we could buy at...like some people will say "sheybi we were buying a bag of rice for #3000 now"?
We were/are shameless,importing everything.
No production,No infrastructures,No health,
ASUU strikes all over because they have eaten their money,they were owing workers up to 20 months and so on.
Tinubu has only borrowed around $32 billion and he has paid off around $11 billion he met on ground.
Why are the wicked,let us go back to 'business as usual opposition not asking "Why is Tinubu paying debts he met on ground now"?
Or "why is he doing free technical colleges all over Nigeria with #22,500 stipend paid to students now"?
Bad belle people.
Nigeria,since 1960,has gotten very wicked people as leaders.
You like and go to USA,UK,China,Dubai even South Africa because of their infrastructures which always help in growth,development and better life for the masses of the nation but wicked people are fighting teeth and nails for Nigeria to not build infrastructures.
I never see this kind opposition before.
Opposition is not being mumuish nah.

apelikirk:
with over 100 trillion borrowed so far, what are the impacts of the so capital projects and where are they?

Provide evidence Asiwaju has borrowed over 100 trillion

The essence of removing subsidy was to stop borrowing.
You cannot keep the whole nation in perpetual hardship yet you are still doing worse than the people that were paying subsidy.
Tinubu should better bring back the subsidy that he met, so that he can be borrowing his useless borrow that his borrowing up and down.

My brother keep quiet.
Tinubu's government has borrowed approximately ₦71.9 trillion during his administration.
It will get to 100 trillion naira. By next month if senate accepts his fresh request

Parachoko:
Provide evidence Asiwaju has borrowed over 100 trillion

Greatex90:
My brother keep quiet.
Tinubu's government has borrowed approximately ₦71.9 trillion during his administration.
It will get to 100 trillion naira. By next month if senate accepts his fresh request

Asiwaju has not borrowed up to Buhari and Jonathan