₦airaland Forum

NewHe:
They will start abusing her o! Sane,exposed and informed people knows Tinubu is working the talk!

Ofunaofu:
Report: Current Govt Added More Debt in Two Years Than Nigeria Accumulated in 55 Years

• Decries Nigeria’s debt service-to-revenue ratio

•Urges FG to declare fiscal emergency

A new policy brief has warned that Nigeria’s worsening debt profile and weak revenue generation have pushed the country into a dangerous fiscal position, with the current administration accumulating more debt in two years than Nigeria recorded during its first 55 years after independence.

The report, released by the Alliance for Economic Research and Ethics LTD/GTE, a Nigerian policy think tank, argued that the country’s debt crisis has evolved into a governance and revenue emergency, as debt servicing obligations now exceed the federal government’s retained earnings.
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According to the think tank, Nigeria’s public debt rose sharply from N87.38 trillion in June 2023 to N159.28 trillion by the end of 2025, with President Bola Tinubu’s administration accounting for about N65.9 trillion of the increase within its first two years in office.

The organisation in the brief titled: “Nigeria Is Borrowing to Breathe—and the Clock Is Ticking”, noted that Nigeria accumulated only about N12.06 trillion in debt from independence in 1960 up to 2015, meaning the current administration added more than five times that amount in just 24 months.

The report stated that while previous governments also contributed significantly to the country’s rising debt burden, the speed of accumulation under the current administration had intensified concerns over fiscal sustainability.

“President Bola Tinubu’s administration has added a further N65.9 trillion in just two years. To put that in perspective: it took Nigeria’s first 55 years of independence to accumulate N12 trillion in debt. The current administration has added more than five times that amount in 24 months,” it argued.

It recalled that Nigeria briefly became almost debt-free externally after the administration of former President Olusegun Obasanjo secured an $18 billion Paris Club debt relief package in 2005 and paid $12 billion to extinguish about $30 billion in external obligations.


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

BATified2023:
we should vote obi so he can fail woefully again like he did in Anambra?

Dey play

If obi were to b president today (God forbid) coastal road money, nelfund money n co will b resting in his account by now n people will b suffering n u people will b praising him

Sonofgod1990:
Correct it. It's speak not speck

ugodson:
Sorry o,mr perfect
People like you have NEVER made mistakes before na like you say Mrs Goodluck is an illiterate but she pays PhD holders and you can not reach where she has been even in your next life

ugodson:
Sorry o,mr perfect
People like you have NEVER made mistakes before na like you say Mrs Goodluck is an illiterate but she pays PhD holders and you can not reach where she has been even in your next life

BATified2023:
we should vote obi so he can fail woefully again like he did in Anambra?

Dey play

If obi were to b president today (God forbid) coastal road money, nelfund money n co will b resting in his account by now n people will b suffering n u people will b praising him

anonimi:
Of course, the propagandist liar is working his talk to those who are balablu bulaba empty barrels like himself.

Can you see how he is doing this below


https://www.youtube.com/watch?v=7WzbBqAWPfI

Aug 29, 2023

Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun made this known at the end of the inaugural Federal Executive Council meeting in Abuja.
Mr. Edun said that the benefit of the subsidy removal will be plough back into various sectors to improve business environment for local and foreign investment.
He added that with the increased revenue from subsidy removal, various palliatives have been made available to cushion its effect on a short, medium and long-term basis.






https://www.youtube.com/watch?v=Bn29b0SkCWU?si=s_-vTlCqSlykI0BX

Sonnobax15:

Normally nobody wey dey benefit from Nigeria go talk truth to the faces of our politicians. But Dem forget say when the hunger don become unbearable by the masses,the same masses go begin come for their heads (the politicians)

So,to dey share money to our south south thieving governors now is now an applaudable achievement

Onoh

BATified2023:
tell me one thing u feel obi will do better as president that Tinubu isn't doing n back it up with how obi did it as governor?

nairalanda1:
We should get a leader who will take us off oil. Oil money growth na fake growth. It is not sustainable.

Even now, the allocations are smaller than they should be because we are servicing debt thanks to previous depressed oil prices.

But sadly alll the candidates are not talking about it. Obi is talking about improving domestic production, so maybe we should vote for him. But at the end, all na wash

I tire for nigeria and nigerians. They want money, not development.

LegendHero:
This life no balance at all.

Jonathan family already move on and are happy but Obidient angry birds will be shouting daily that they are fighting Asiwaju coz he commot Jonathan.

HacheNoire:
A big blow to the haters of His Excellency, President Asiwaju Bola Ahmed Tinubu (GCFR)

Sonnobax15:

Normally nobody wey dey benefit from Nigeria go talk truth to the faces of our politicians. But Dem forget say when the hunger don become unbearable by the masses,the same masses go begin come for their heads (the politicians)

So,to dey share money to our south south thieving governors now is now an applaudable achievement

Onoh

Apcshit:
Your head is not correct at all

Nchenches:
A president Obi will not make economic policies that will impoverish Nigerians.
The essence of government policies is to enable economic well-being of the masses.

ZombieTERROR:
With All the corruption , insecurity and kidnappings
someone can actually praise this Failing Tinubu government

Alliswell248:
Obi failed woefully as a governor..
The facts are there...

List his achievements in office.

dododawa1:
Birds of same feathers flock






Together.


Rip English



Clueless JONATHAN wife and BALABLUE

Oba1ni:
Everything to avoid her pending court case.

dododawa1:
Birds of same feathers flock






Together.



Clueless JONATHAN wife and BALABLUE

Sleekfingers:
That case will die naturally. Nothing will come out of it.
Why do you think Jonathan was jumping up and down in Abuja to meet Tinubu?