₦airaland Forum

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Obasanjo - 4 billion dollars in 8 years

Musa Yaradua - 8 billion dollars in 3 years

Goodluck Jonathan - 1 billion dollars in 5 years

Muhammadu Buhari - nothing in 8 years

Tinubu - 15.33 billion dollars in 3.5 years

The olodos don't understand how to assess progress in governance. They think everything is about miracle, they don't know that governance is a process.

Nigeria debt profile since 1999


obasanjo - 3 Billion dollars ( 3.9 trillion)


Jonathan - 9 billion dollars (12 trillion naira)

Buhari - 82.4 billion dollars (87 trillion+ 22.7 trillion from CBN total 109.22 trillion naira)

Tinubu - (11.9 trillion naira ) - 9.4 billion dollars

Nigeria total (159 trillion naira ) - 110 billion dollars

If we deduct the money Tinubu used to service pile up debt of previous administrations, it mean he didn't borrow any money

If NNPC has remitted so much as you claimed. Why are we borrowing more than any government. How come you have reduced GEJ years to 5, not 6 as you have been shouting in years past.

iwaeda:
If NNPC has remitted so much as you claimed. Why are we borrowing more than any government. How come you have reduced GEJ years to 5, not 6 as you have been shouting in years past.

It’s not a claim. It’s a reality.

Meanwhile, you can ask ChatGpt this your question. Him go explain to you.

Yet he has borrowed more than all the previous president. What is he doing with all that money when the citizens themselves can't feel the impact. Stories everyday.

Biodun556:
The olodos don't understand how to assess progress in governance. They think everything is about miracle, they don't know that governance is a process.

Yet, implementation of the 2025 budget has been extended to December 2026 while contractors are in Abuja protesting for their unpaid sums. Where is the money? Buhari ran a January to December budget cycle, paid subsidies and delivered more tangible infrastructure than Tinubu. What's the effect of enormous government revenue that has no measurable impact on the people. Governance is not all about revenue generation. It is not a business.

Meanwhile the worst crooked man to ever administered this nation have borrowed more than all his predecessors combined.

Under the same person as minister of petroleum, $150M was embezzled as TAM for PH refinery that political asslicker -BKO defended with gusto. These zombies are always eager to defend foolishness

AMINDA:
Yet, implementation of the 2025 budget has been extended to December 2026 while contractors are in Abuja protesting for their unpaid sums. Where is the money?

Buhari ran a January to December budget cycle, paid subsidies and delivered more tangible infrastructure than Tinubu.

What's the effect of enormous government revenue that has no measurable impact on the people. Governance is not all about revenue generation. It is not a business.

A corrupt collosal wastage of a government. It is really a pity

iwaeda:
If NNPC has remitted so much as you claimed. Why are we borrowing more than any government. How come you have reduced GEJ years to 5, not 6 as you have been shouting in years past.

Tinubu didn't more than any previous administration

Biodun556:
The olodos don't understand how to assess progress in governance. They think everything is about miracle, they don't know that governance is a process.

I think the olodo here, To adjudicate " progress" you must establish " profit

In accounting Your turnover must surpass your expenditure to reflect " profit"

That nunsense posted trash it, According to financial report released by NNPC the profit declared is 7trillion

And 11.2trillion was expsnded on oil security How do you rationalize that as Progress if you of sound mind

According to same Nnpc our highest reach production in 3yrs is 1.8m bpd whereas under jonthan over 10yrs ago we optimize to rich 2.1m bdp
So where is the Progress

Nnpc spent 11.2trn on oil security without clarity. Total national budget for defense is 4.9trn in 2025

Put 11.2trn expended beside 7trn profit declared how is that making sænse

Truly, Tinubu swallowed it all.

The money must be in Tinubu’s pocket, because he has borrowed more than all the civilian administrations in the history of this country combined.

iwaeda:
If NNPC has remitted so much as you claimed. Why are we borrowing more than any government. How come you have reduced GEJ years to 5, not 6 as you have been shouting in years past.

Dont mind them they think we are fuuls, they just assume Nigerians are illiterate

The 2025 budget benchmark is $65 and becos of us iran madness crude price is over $100 today still Tinubu's budget performance since he assumed office has been below 30% implementation and that Tinubu govt has borrowed more than govt crude sold for less

I think at this point if you have anyone supporting Tinubu ...please drag dem to yabaleft to confirm

AMINDA:
Yet, implementation of the 2025 budget has been extended to December 2026 while contractors are in Abuja protesting for their unpaid sums. Where is the money? Buhari ran a January to December budget cycle, paid subsidies and delivered more tangible infrastructure than Tinubu. What's the effect of enormous government revenue that has no measurable impact on the people. Governance is not all about revenue generation. It is not a business.

Buhari was genius, I can remember when he passes budget before start of the year.

Biodun556:
Tinubu didn't more than any previous administration

Hehehe 😆 🤣 See the way you said it . . . it's becoming increasingly difficult to lie to yourself these days abi?

emirate9:
I think at this point if you have anyone supporting Tinubu ...please drag dem to yabaleft to confirm

Well unless they are paid for their support

If have any supporter of tilumbu around you, check their bank akant first before forwarding them to yaba left

SeeWahala:
Hehehe 😆 🤣 See the way you said it . . . it's becoming increasingly difficult to lie to yourself these days abi?

Tinubu didn't borrow more than any previous administration

Biodun556:
Tinubu didn't borrow more than any previous administration

Write this exact post you made 100 more times today and maybe it will start becoming the truth

SeeWahala:
Write this exact post you made 100 more times today and maybe it will start becoming the truth

Nigeria debt profile since 1999


obasanjo - 3 Billion dollars ( 3.9 trillion)


Jonathan - 9 billion dollars (12 trillion naira)

Buhari - 82.4 billion dollars (87 trillion+ 22.7 trillion from CBN total 109.22 trillion naira)

Tinubu - (11.9 trillion naira ) - 9.4 billion dollars

Nigeria total debt (159 trillion naira ) - 110 billion dollars


If we remove the money Tinubu used to service debt owed by previous administrations , it will mean he didn't borrow anything

How much is going to servicing the debts

Fg is releasing peanuts this period

A remarkably thoughtful submission that sets a great tone for discussion. Hopefully other members chime in with firsthand experiences so we can look at this from every conceivable angle.

If nnpc remitted only 4 billion dollars under obj, where did obj get the 30 billion dollars he paid to obtain debt relief. Where did he get 40 billion he left in foreign reserves plus 24 in excess crude reserves