"Tinubu Govt Added More Debt In 2 Years Than Nigeria Accumulated In 55 Years" - Politics (4)

"Tinubu Govt Added More Debt In 2 Years Than Nigeria Accumulated In 55 Years" - Politics (4) - Nairaland

Nairaland Forum › Nairaland General › Politics › "Tinubu Govt Added More Debt In 2 Years Than Nigeria Accumulated In 55 Years" (8549 Views)

1 2 3 4 5 Reply (Go Down)

Re: "Tinubu Govt Added More Debt In 2 Years Than Nigeria Accumulated In 55 Years" by Kukutente23: 12:28pm On May 23

mascot87:
Honestly, I don't know what to say to you. It's better to let you keep ranting and living in delusion

Just say you got blown away
There's no shame in admitting when a conversation is going above your iq
Ok?

Re: "Tinubu Govt Added More Debt In 2 Years Than Nigeria Accumulated In 55 Years" by MEGAWATCH: 12:29pm On May 23

mascot87:
Honestly, I don't know what to say to you. It's better to let you keep ranting and living in delusion

I just remembered how you were defending Buhari some few years ago and it ended up to be a very useless venture that many of you are not proud of today.

You have all stated again.

🥺🥺🥺

Re: "Tinubu Govt Added More Debt In 2 Years Than Nigeria Accumulated In 55 Years" by tegrianonigltd(m): 12:39pm On May 23

garykoeman:
Tinubu or not am already favoured.

Nigeria is a country where you can be successful if you re not lazy or lack focus.

Add all the fraudsters, thief politicians, make it 100k Nigerians, not up to 10%.

You can be somebody without knowing anybody.

Re: "Tinubu Govt Added More Debt In 2 Years Than Nigeria Accumulated In 55 Years" by NewDea4: 12:42pm On May 23

Ofunaofu:
https://www.thisdaylive.com/2026/05/22/report-current-govt-added-more-debt-in-two-years-than-nigeria-accumulated-in-55-years/

When you're dealing with a Satanic human being

Re: "Tinubu Govt Added More Debt In 2 Years Than Nigeria Accumulated In 55 Years" by Stanna2025: 12:44pm On May 23

Tinubu is after my life💔😭😭😭

Ofunaofu:
https://www.thisdaylive.com/2026/05/22/report-current-govt-added-more-debt-in-two-years-than-nigeria-accumulated-in-55-years/

Re: "Tinubu Govt Added More Debt In 2 Years Than Nigeria Accumulated In 55 Years" by Tooreda: 12:47pm On May 23

garykoeman:
Tinubu or not am already favoured.

Nigeria is a country where you can be successful if you re not lazy or lack focus.

Empty barrel makes the loudest what again?

Re: "Tinubu Govt Added More Debt In 2 Years Than Nigeria Accumulated In 55 Years" by nedekid: 1:00pm On May 23

When you are not doing well economically, your business is not moving or slow, you then take loans to build new mansion and new office, buy new official cars for your office and change all your vehicles in the house, new Benz for yourself and BMW for madam.
That is the Nigerian way under baba. Build coastal road and other elephants projects all heavily padded and under paddy paddy arrangement at a time the economy is not in sound footing. At the end of the day deeper in igbese.

Re: "Tinubu Govt Added More Debt In 2 Years Than Nigeria Accumulated In 55 Years" by shortgun(m): 1:08pm On May 23

mascot87:
So you prefer we keep living a fake life by defending the Naira with the few revenue we were getting at that time right?

What has the country achieved since we started living the real life by not defending the naira?

1 Like

Re: "Tinubu Govt Added More Debt In 2 Years Than Nigeria Accumulated In 55 Years" by Bizman2024(m): 1:10pm On May 23

It seems that subsidy was removed to enable them borrow more money in excess not necessarily to save money for the country because if the later was the case, Tinubu government supposed to be the government with the least borrowed money than Buhari and Jonathan combine.

Re: "Tinubu Govt Added More Debt In 2 Years Than Nigeria Accumulated In 55 Years" by Timmi: 1:13pm On May 23

Another demagogue faceless “organization Alliance for Economic Research and Ethics LTD/GTE” preparing a skewed report. What should be researched along with the debt is what the loans were used for. In a balance reporting and if the aim is such, then the research while mentioning the loans should also have included the projects those loans were used for. That will produce a more informed reporting but then that will be contrary to the objective of their pay masters. They just want to create sound bites and the gullible will fall for it. Nigerians need to wise up and unmask who is sponsoring these type of mushroom organizations.

Ofunaofu:
https://www.thisdaylive.com/2026/05/22/report-current-govt-added-more-debt-in-two-years-than-nigeria-accumulated-in-55-years/

Re: "Tinubu Govt Added More Debt In 2 Years Than Nigeria Accumulated In 55 Years" by eldoradoxx: 1:14pm On May 23

Sannisege:
At least the debt is being used for developments and not fuel and forex subsidy consumption.

The 21st century wonders that you guys are not teaching illiterates like us is how did we remove subsidy on fuel and forex and ended up borrowing more than all other administrations in the history of Nigeria since 1960. We really need explanations.

1 Like

Re: "Tinubu Govt Added More Debt In 2 Years Than Nigeria Accumulated In 55 Years" by JimD(m): 1:14pm On May 23

garykoeman:
He has also paid back more than was done by any government in Nigeria history.

Using debt to pay back debt. You and your paymasters are smart.

Re: "Tinubu Govt Added More Debt In 2 Years Than Nigeria Accumulated In 55 Years" by Franking: 1:17pm On May 23

Even with the removal of the so called fuel subsidy.....what exactly is happening?

Re: "Tinubu Govt Added More Debt In 2 Years Than Nigeria Accumulated In 55 Years" by Ikpunnegi1: 1:18pm On May 23

See as they will get Obi's name here.. Emilokan and his seven gangster thieves are terrible

Re: "Tinubu Govt Added More Debt In 2 Years Than Nigeria Accumulated In 55 Years" by Franking: 1:20pm On May 23

Timmi:
Another demagogue faceless “organization Alliance for Economic Research and Ethics LTD/GTE” preparing a skewed report. What should be researched along with the debt is what the loans were used for. In a balance reporting and if the aim is such, then the research while mentioning the loans should also have included the projects those loans were used for. That will produce a more informed reporting but then that will be contrary to the objective of their pay masters. They just want to create sound bites and the gullible will fall for it. Nigerians need to wise up and unmask who is sponsoring these type of mushroom organizations.

It is also very curious that the mega projects like Lagos-Calabar coastal highway and the Badagry-Sokoto version were awarded without due process.....no bidding..... doesn't that scream corruption? Tinumbu isn't doing well on evidence on ground..... insecurity. Economy, electricity. People are going through hell.

Re: "Tinubu Govt Added More Debt In 2 Years Than Nigeria Accumulated In 55 Years" by ThiefnubuBandit(f): 1:22pm On May 23

garykoeman:
He has also paid back more than was done by any government in Nigeria history.

Keep deceiving yourself. You think everyone is shallow, right?

Re: "Tinubu Govt Added More Debt In 2 Years Than Nigeria Accumulated In 55 Years" by ThiefnubuBandit(f): 1:24pm On May 23

Willy2025:
All this character assassination won't fly. This guy is your president till 2031. The only place NDC is known are Seriake Dickson backyard in Abuja and only Nairaland here
Either you vote Tinubu peacefully and voluntarily or he will be forced down your throat via snatch and grab

Your comment has sold you out as a barbarian.

Re: "Tinubu Govt Added More Debt In 2 Years Than Nigeria Accumulated In 55 Years" by nedekid: 1:24pm On May 23

OracleJay411:
Did he use the money to buy food for himself?

Who is blind to see what he's using the money for?

Problem with naija is you and the majority of people including Oga at the top do not know how to handle money. They have not done proper work to build a business from scratch. Of cause you can have a briefcase company and through influence get 50m contract to supply 10 units of 1hp Ac and make millions, but it is different from someone who has 2m and in 2 years turns it around and makes it 20m.
Wise people said Eg coastal road is good, but we are not in the current financial situation to rush into it and others, rather stabilize the economy first, turn it to green from red then you can build those projects, but una no gree.
I will give you real life example between two friends who shared 100m each from a business deal.
One rushed and bought a Benz for 50m and was left with 50m, ofcourse his other bills got high based on his Benz status, even the bills from his chicks increased, policemen in checkpoint giving him wahala or begging for money, his friends nko will not take no for an answer when they ask him for money, even when they go out, they expect him to pay as he has arrived.
On the other hand the other friend did a fix deposit or tbills for 1 year, got 20m unfront. He went and bought a carmry for 10m, then had 10m cash left in his hand to continue chasing business. His bill increase but not as his friend who bought Benz, police don't even look at him as he drives pass, his car is reliable with low expenses etc.
At the end of 1 year Mr Benz has less than 20m remaining from the initial 100m.
On the other hand his friend after 1 year has his 100m intact, he has his camry, he also has over 5m remaining from the 20m he got upfront as he has lived within his means, infact he will place his 100m for another 1 year and have fresh 20m to inject into his business.
Oga naija could have been ran in a better way than what these current characters are doing, running the country to the grounds, sinking it in debt.

Re: "Tinubu Govt Added More Debt In 2 Years Than Nigeria Accumulated In 55 Years" by daniwise(m): 1:51pm On May 23

Sannisege:
At least the debt is being used for developments and not fuel and forex subsidy consumption.

Where is the development

Re: "Tinubu Govt Added More Debt In 2 Years Than Nigeria Accumulated In 55 Years" by Timmi: 1:53pm On May 23

You mentioned the ones that normally will take sometime for the effect to be seen but conveniently forgot to mention the many students that have and are benefiting from the NELFUND and the schools fees that the Federal government has been paying under this administration. It is also pertinent to mention that those roads are been constructed under a private/government partnership. The government contributes only 30% while the private company contributes 70%.

Franking:
It is also very curious that the mega projects like Lagos-Calabar coastal highway and the Badagry-Sokoto version were awarded without due process.....no bidding..... doesn't that scream corruption? Tinumbu isn't doing well on evidence on ground..... insecurity. Economy, electricity. People are going through hell.

Re: "Tinubu Govt Added More Debt In 2 Years Than Nigeria Accumulated In 55 Years" by daniwise(m): 1:54pm On May 23

garykoeman:
He has also paid back more than was done by any government in Nigeria history.

You need to go back to primary school,plus the teacher that taught you maths should be jailed for life

Re: "Tinubu Govt Added More Debt In 2 Years Than Nigeria Accumulated In 55 Years" by daniwise(m): 1:58pm On May 23

[quote author=Timmi post=139497128]You mentioned the ones that normally will take sometime for the effect to be seen but conveniently forgot to mention the many students that have and are benefiting from the NELFUND and the schools fees that the Federal government has been paying under this administration. It is also pertinent to mention that those roads are been constructed under a private/government partnership. The government contributes only 30% while the private company contributes 70%.

Why cant Tinubu stabilize the economy instead of giving loans, Nigeria has never had it this bad under APC right from Bubu to emilokan.Bad policies everywhere.As for tye roads,are you telling me that if I put my empty pot on that road,it will be filled up with food?

Re: "Tinubu Govt Added More Debt In 2 Years Than Nigeria Accumulated In 55 Years" by daniwise(m): 2:02pm On May 23

garykoeman:
Go and play with your peers.

The discussion is above your template.

He just gave a simple analysis.I would score him a B if I was his lecturer

Re: "Tinubu Govt Added More Debt In 2 Years Than Nigeria Accumulated In 55 Years" by Chucks13: 2:10pm On May 23

Galapagous:
Not all are propaganda, if you understand cause and effect, plus world economic you will understand that borrowing come with some level of conditions. These conditions are not visible or paid by the current administration but the one yet to come, obasanjo jumbo loan was an example. You see the support for tinubu during the first term was not because he is saint, but because of how he handled Lagos when OBJ cut off his funding while he was a governor. We were expecting fewer loan while renogotiating the past deals that has plugged the country into heavy reliance on external aid.

i don't even care if it's a nupe man, so far he understands how we are here and how to get us out of it.

Then gho and ppay the debt na.

Current UK govtf broke the record for highest debt ever yet nobody in UK is make noise?

US is in region of $Trillions nobody make noise.

If you are not happy with the debt Romiley ho and pay it then..

Re: "Tinubu Govt Added More Debt In 2 Years Than Nigeria Accumulated In 55 Years" by Splashme: 2:11pm On May 23

We have entered one chance, I swear !
It's terrible

Re: "Tinubu Govt Added More Debt In 2 Years Than Nigeria Accumulated In 55 Years" by Choiceone1: 2:13pm On May 23

garykoeman:
He has also paid back more than was done by any government in Nigeria history.

How much did he pay let us know

Re: "Tinubu Govt Added More Debt In 2 Years Than Nigeria Accumulated In 55 Years" by Segxydube: 2:14pm On May 23

Willy2025:
All this character assassination won't fly. This guy is your president till 2031. The only place NDC is known are Seriake Dickson backyard in Abuja and only Nairaland here
Either you vote Tinubu peacefully and voluntarily or he will be forced down your throat via snatch and grab

Wait till bandits kidnap ur papa and treat him d way they treated dat oyo state teacher... U go wise

Re: "Tinubu Govt Added More Debt In 2 Years Than Nigeria Accumulated In 55 Years" by Choiceone1: 2:14pm On May 23

Willy2025:
All this character assassination won't fly. This guy is your president till 2031. The only place NDC is known are Seriake Dickson backyard in Abuja and only Nairaland here
Either you vote Tinubu peacefully and voluntarily or he will be forced down your throat via snatch and grab

Character assassination for the fact that's stirring at u Buala u are right

Re: "Tinubu Govt Added More Debt In 2 Years Than Nigeria Accumulated In 55 Years" by Choiceone1: 2:15pm On May 23

Sannisege:
At least the debt is being used for developments and not fuel and forex subsidy consumption.

To develop what exactly?

Re: "Tinubu Govt Added More Debt In 2 Years Than Nigeria Accumulated In 55 Years" by Choiceone1: 2:17pm On May 23

mascot87:
So you prefer we keep living a fake life by defending the Naira with the few revenue we were getting at that time right?

This is what they used to hoodwinked u people in ur WhatsApp group better wake up B4 it will be too late.

Re: "Tinubu Govt Added More Debt In 2 Years Than Nigeria Accumulated In 55 Years" by Tzar(m): 2:28pm On May 23

Immediately I saw the title, I was hoping it will be factual and not for illiterates.
You MUST denominate Nigerian debt in USD to be unbiased. Any other rubbish analysis is for politics and illiterates.

Re: "Tinubu Govt Added More Debt In 2 Years Than Nigeria Accumulated In 55 Years" by OnyeObowo1: 2:32pm On May 23

Willy2025:
All this character assassination won't fly. This guy is your president till 2031. The only place NDC is known are Seriake Dickson backyard in Abuja and only Nairaland here
Either you vote Tinubu peacefully and voluntarily or he will be forced down your throat via snatch and grab

U go soon die for heart attack

Lmao 🤣

1 2 3 4 5 Reply

Peter Obi Left More Debt For Anambra Than Any Governor Before Him -Reno • Despite Leaving $70bn In Nigeria’s Coffers, We Owe More Debt Now – Obasanjo • States With Increased Domestic Debt In SEVEN Years (dec 2015 - Dec 2022) • 2 • 3 • 4

Nigeria Army, Nigeria Air Force And Nigeria Navy Are Above Efcc, • South-West PDP Endorse Jonathan For 2015 • Nine Hydropower Projects To Add 2,672MW To National Grid – FG