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IMF: Nigeria To Spend Over Half Of Revenue On Debt Servicing In 2026 - Politics (2) - Nairaland

Nairaland ForumNairaland GeneralPoliticsIMF: Nigeria To Spend Over Half Of Revenue On Debt Servicing In 2026 (5836 Views)

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Re: IMF: Nigeria To Spend Over Half Of Revenue On Debt Servicing In 2026 by dominique(mod): 3:35pm On Jun 17
Yet they keep recommending that Nigeria should keep borrowing.
Re: IMF: Nigeria To Spend Over Half Of Revenue On Debt Servicing In 2026 by ironheart(m): 3:36pm On Jun 17
Can you please keep quiet 🙊
HacheNoire:
In as much as we still have a lot of work to do, we still have to be thankful and same time applaud our past and previous administration for prudent debt.

If we must compare our self with same climes like the US where debt has surpassed GDP, then you will start appreciating we stand.


With our country blessed with a leader like His Excellency, President Asiwaju Bola Ahmed Tinubu (GCFR), we are definitely in safe hands.
Re: IMF: Nigeria To Spend Over Half Of Revenue On Debt Servicing In 2026 by ViceGovernor: 3:37pm On Jun 17
Get your scrawny paws off of our necks already.

International strangling institution 😏

Nigeria is totally tied to the apron strings of that great eagle 🦅 I don't see us ever breaking 🆓.

Me that is typing and you that is reading one way or another we are connected to that country.
Re: IMF: Nigeria To Spend Over Half Of Revenue On Debt Servicing In 2026 by addictiv(m): 3:38pm On Jun 17
More reasons for Tinubu to look for new areas to Tax people on.
Re: IMF: Nigeria To Spend Over Half Of Revenue On Debt Servicing In 2026 by Jorussia(m): 3:44pm On Jun 17
Dogalmighty17:
Loans that were majorly looted.
This government has awarded road projects worth 58 trillion naira. They have funded less than 5% of that. Till date, this government has not provided the answers to honourable Mascot's questions on what happened to 1.5 billion dollars of borrowed funds. The minister of finance could not answer and neither could the CBN.
You have removed subsidies but are still borrowing heavily. Meanwhile, the senate president of your party is heavily surpressing inquiries into how 210 trillion naira is missing from the coffers of the NNPC.
Oga can u substantial this claim of funding less than 5% of infrastructure projects?I want this Nairaland forum to return to what it used to be when i was writing Jamb more than 17 years ago.It was a very informative forum.I will try and investigate your claim but please if u have evidence that the FG under Tinubu has funded less than 5% of infrastructure projects in over 3 years please let us know we are all here to learn.
Re: IMF: Nigeria To Spend Over Half Of Revenue On Debt Servicing In 2026 by QuinQQ: 3:49pm On Jun 17
Mindblowing:
You are an idiot for this comment, moreover what is your GDP compare to the US GDP? I don't know if you are talking from your Anus, New York GDP alone is bigger than that of Nigeria s country and you are here talking nonsense...get some sense okay.
HacheNoire don't take this lying down!😅
Re: IMF: Nigeria To Spend Over Half Of Revenue On Debt Servicing In 2026 by CodeTemplar: 3:50pm On Jun 17
Actual or phantom projected revenue?
Re: IMF: Nigeria To Spend Over Half Of Revenue On Debt Servicing In 2026 by Light777(f): 3:50pm On Jun 17
Islie:
https://www.thecable.ng/imf-nigeria-to-spend-over-half-of-revenue-on-debt-servicing-in-2026/#google_vignette
A time will come when FG wont be able to pay workers salary..

This truth is bitter and scary.

Plan ahead!
Re: IMF: Nigeria To Spend Over Half Of Revenue On Debt Servicing In 2026 by Onucs(m): 3:51pm On Jun 17
HacheNoire:
In as much as we still have a lot of work to do, we still have to be thankful and same time applaud our past and previous administration for prudent debt.

If we must compare our self with same climes like the US where debt has surpassed GDP, then you will start appreciating we stand.


With our country blessed with a leader like His Excellency, President Asiwaju Bola Ahmed Tinubu (GCFR), we are definitely in safe hands.
At least when the US borrow money, they put it to good use, what is the so called Asiwaju doing with our money
Re: IMF: Nigeria To Spend Over Half Of Revenue On Debt Servicing In 2026 by CodeTemplar: 3:52pm On Jun 17
dominique:
Yet they keep recommending that Nigeria should keep borrowing.
...and tinubu keep taking the loans then doing his mega looting projects.
I wonder if the man is trying to breakup Nigeria wiith debt.
Re: IMF: Nigeria To Spend Over Half Of Revenue On Debt Servicing In 2026 by boxypane: 3:53pm On Jun 17
And the bottom pot president still dey borrow for over budgetted super highways.
Re: IMF: Nigeria To Spend Over Half Of Revenue On Debt Servicing In 2026 by Kanwulia: 3:56pm On Jun 17
The other half STOLEN!!!!🍷
Re: IMF: Nigeria To Spend Over Half Of Revenue On Debt Servicing In 2026 by opeldavid: 3:56pm On Jun 17
Borrowing for corruption and throwing parties.
Re: IMF: Nigeria To Spend Over Half Of Revenue On Debt Servicing In 2026 by oyoofong(m): 4:00pm On Jun 17
That means they are wrong advisers. The borrowing was their strategic advice to the government. Make dem let us rest! We go dey alright las las!
Re: IMF: Nigeria To Spend Over Half Of Revenue On Debt Servicing In 2026 by aariwa(m): 4:00pm On Jun 17
Agbado economics based on lies and propaganda can never replace facts and real economics but can only deceive its gullible minority followers
Re: IMF: Nigeria To Spend Over Half Of Revenue On Debt Servicing In 2026 by dalass(f): 4:00pm On Jun 17
Islie:
https://www.thecable.ng/imf-nigeria-to-spend-over-half-of-revenue-on-debt-servicing-in-2026/#google_vignette
Sebi that is what IMF wants, to keep Nigeria it's biggest customer in debt and debt servicing as the Western world no dey pay interest. US is in debt to the tune of trillions of dollars yet, they no dey feel tinz like they make Africa feel am
Re: IMF: Nigeria To Spend Over Half Of Revenue On Debt Servicing In 2026 by MKPUOGALIGA: 4:03pm On Jun 17
benuejosh:
Borrowing in itself is not a bad ideal. Tinubu borrowed and he has done tremendously well. The debt service percentage is very fair enough.
What a creature...smh
Re: IMF: Nigeria To Spend Over Half Of Revenue On Debt Servicing In 2026 by Dotherightthing: 4:04pm On Jun 17
It used to be 100%
Re: IMF: Nigeria To Spend Over Half Of Revenue On Debt Servicing In 2026 by Bmaster(m): 4:04pm On Jun 17
helinues:
Meanwhile, it wasn't president Tinubu that borrowed the debt he has been servicing oo, but whenever he makes any attempt for borrowing, so as how we go dey read generational wailing from the opposition and their supporters
Ur left cheek won't be bad to receive a dirty slap if you don't know when is ur limit in defending nonsense.

Tinubu made mention of himself as Buhari,and Buhari in turn Tinubu.
Since 2015 ut has been Apc that has been on the helms of Affairs of this nation.
So if you are trying to exonerate Tinubu an Apc president from the Past Activities of Apc shows your real character and the true image of your person
Re: IMF: Nigeria To Spend Over Half Of Revenue On Debt Servicing In 2026 by Greenbirth: 4:08pm On Jun 17
HacheNoire:
In as much as we still have a lot of work to do, we still have to be thankful and same time applaud our past and previous administration for prudent debt.

If we must compare our self with same climes like the US where debt has surpassed GDP, then you will start appreciating we stand. When fools talk, you will surely know.


With our country blessed with a leader like His Excellency, President Asiwaju Bola Ahmed Tinubu (GCFR), we are definitely in safe hands.
Re: IMF: Nigeria To Spend Over Half Of Revenue On Debt Servicing In 2026 by EmekaBlue(m): 4:11pm On Jun 17
Nigeria is their best business partner especially with the chief onigbese as president
Re: IMF: Nigeria To Spend Over Half Of Revenue On Debt Servicing In 2026 by Tingotoe: 4:15pm On Jun 17
HacheNoire:
In as much as we still have a lot of work to do, we still have to be thankful and same time applaud our past and previous administration for prudent debt.

If we must compare our self with same climes like the US where debt has surpassed GDP, then you will start appreciating we stand.


With our country blessed with a leader like His Excellency, President Asiwaju Bola Ahmed Tinubu (GCFR), we are definitely in safe hands.
I don't think you've got a functioning brain in your skull
Re: IMF: Nigeria To Spend Over Half Of Revenue On Debt Servicing In 2026 by igatit: 4:15pm On Jun 17
Tremendous or you meant disaster. Tinubu is the worst thing that has ever happen to this country. Very clueless and supported by bigots. Ague with your keyboard
benuejosh:
Borrowing in itself is not a bad ideal. Tinubu borrowed and he has done tremendously well. The debt service percentage is very fair enough.
Re: IMF: Nigeria To Spend Over Half Of Revenue On Debt Servicing In 2026 by Apcshit: 4:17pm On Jun 17
HacheNoire:
In as much as we still have a lot of work to do, we still have to be thankful and same time applaud our past and previous administration for prudent debt.

If we must compare our self with same climes like the US where debt has surpassed GDP, then you will start appreciating we stand.


With our country blessed with a leader like His Excellency, President Asiwaju Bola Ahmed Tinubu (GCFR), we are definitely in safe hands.
Continue
The thunder wey go fire you dey train for field
Re: IMF: Nigeria To Spend Over Half Of Revenue On Debt Servicing In 2026 by FutureFocus: 4:19pm On Jun 17
This IMF has eventually got us
Re: IMF: Nigeria To Spend Over Half Of Revenue On Debt Servicing In 2026 by LegendHero(m): 4:20pm On Jun 17
mrvitalis:
It’s definitely more that half
In fact it’s 116%
It’s 50% of expected revenue but actual generated revenue it’s over 100%
Debt servicing before Tinubu was at 90%. So him bringing it to 50% is still something good.

It just need to come lower

https://www.thisdaylive.com/2026/06/12/from-90-debt-service-to-fiscal-breathing-room-tinubus-hard-reforms-are-paying-off/

Re: IMF: Nigeria To Spend Over Half Of Revenue On Debt Servicing In 2026 by Moniya4Real(m): 4:22pm On Jun 17
But wanted to
Ask a very pertinent question: “ How does the IS service it’s debts?
Re: IMF: Nigeria To Spend Over Half Of Revenue On Debt Servicing In 2026 by cyril10(m): 4:23pm On Jun 17
benuejosh:
Borrowing in itself is not a bad ideal. Tinubu borrowed and he has done tremendously well. The debt service percentage is very fair enough.
What is this one saying? sycophant.
1 2 3 4 Reply

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