₦airaland Forum

If you are spending sixty percent on interest is just too high, if it is what you claimed. Same World Bank has been giving you good report, which you applaud, but now that they are truthful, you are reject. 124% is beyond comprehension.

Can all this be said about Burkina Faso today, if Oyedele not is a failure. Power is transient.

Omooba77:
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Souce

Tinubu and his propaganda government. Na only to dey lie them know. If the economy is doing well, Nigerians will see it. No need of those lies.

Parachoko:
Yes, it's high

But if we look back at where we're coming from, the Government has tried it's best

More work needs to be done though

i have a big problem with your assetrtion ....where we are coming from

Perhaps we need re check .... Before Tinubu we wrre not servicing our debts with 124% of our revenue
Before Tinubu we didnt run 3 budgets concurrently

Before Tinubu Nigeria did have an 100% extension of debt burden

Before Tinubu ....Gift ways and company promos litered themedia ... now hardly you go see Give aways or win & scratch promos cos everyone is feeling the heat

Before Tinubu ....not 160m Nigerians were below poverty line ...


OGa Use your living Condition to explain how Govt have tried

divine010:
Perhaps we need re check .... Before Tinubu we wrre not servicing our debts with 124% of our revenue

Provide evidence

Revenue VS debt servicing.

Revenue used:
Federal government only minus some federal govt revenues also minus state and local govts revenues )

Debt servicing used:
For Federal government,36 State governments and 774 local govts debts.

Verdict:Incomplete and hasty analysis by WB.
Can only be complete if state govts and local govts revenues and the remaining Federal government revenues are taking into consideration as of the period.
QED.

iwaeda:
If you are spending sixty percent on interest is just too high, if it is what you claimed. Same World Bank has been giving you good report, which you applaud, but now that they are truthful, you are reject. 124% is beyond comprehension.

Reason they are debunking the report as not been accurate.
If it were accurate,they would have been borrowing money to pay workers like President Jonathan was doing in 2014 or printing money like baba Buhari printed #27 trillion/#30 trillion.

Parachoko:
Provide evidence

Una go dey defend government on top weytin una no know

Taiwo oyedele is Telling world bank they are not informwed ... world bank did not include IGR of states still on the way

Obaofaba:
You must be a kid to say that debts were wiped off during Okonjo Iweala reign as finance minister during Goodluck Jonathan's presidency

What was wiped off was all the monies in the excess crude account

Go and verify

Thank you very much Mr. Ancestor.

What does not surprise me anymore is the inability of APC supporters to reason properly. Belonging to the party requires tweaking the human brain. If not so, how would you not know as an ancestor, that Okonjo Iweala secured a 30 billion dollar debt relief from the Paris club in favour of Nigeria, as the finance minister under OBJ?

Unfortunately again, no one to blame you all, when your leader famously said “na statistics we go chop”?

When you all closed your eyes to the reality of the situation, thankfully, you all feel the impact of the misery placed on Nigerians, including you all. If not so, how do you jump to write comments when you are not versed in what happened earlier or what’s happening at the present?

When you call someone a kid and you as al elder do not even know as little as the fact that Okonjo Iweala secured that debt relief, should you not be called “ancestor kid”? Or you were not there during OBJ’s administration? Or you are not aware that it was the PDP era combined? The era of peace and success, until the group of liars, lied their way to power and still retain power with more lies daily.

Talk of the excess crude balance by the way. If GEJ wiped out the account, what did Buhari inherit then? How did you fail to mention the name of Buhari, who took the balance from 2.2 billion dollars inherited from GEJ to 400k dollars. Were you in the coven of ancestors from 1999 to 2015? Or as an ancestor you were not born yet? You all claimed that PDP ruined the country, recklessly overlooking baba go slow and the present baba bulala who have made life y bearable for citizens.

divine010:
Una go dey defend government on top weytin una no know

Taiwo oyedele is Telling world bank they are not informwed ... world bank did not include IGR of states still on the way

You still haven't provide any evidence o

I thought you will show me figures because the FG has debunked this false news

Parachoko:
You still haven't provide any evidence o

I thought you will show me figures because the FG has debunked this false news

person wey see you asking for evidence will think you are a respecter of evidence

divine010:
person wey see you asking for evidence will think you are a respecter of evidence

The world bank is combining the FG and States debt to arrive at those figures

Show me that of the FG figures alone

The World Bank is just a lending institution.
It is not an expert on Nigeria's economic affairs.
The federal government should do what it can to dissociate itself from the World Bank.

ElevationD:
Thank you very much Mr. Ancestor.

What does not surprise me anymore is the inability of APC supporters to reason properly. Belonging to the party requires tweaking the human brain. If not so, how would you not know as an ancestor, that Okonjo Iweala secured a 30 billion dollar debt relief from the Paris club in favour of Nigeria, as the finance minister under OBJ?

Unfortunately again, no one to blame you all, when your leader famously said “na statistics we go chop”?

When you all closed your eyes to the reality of the situation, thankfully, you all feel the impact of the misery placed on Nigerians, including you all. If not so, how do you jump to write comments when you are not versed in what happened earlier or what’s happening at the present?

When you call someone a kid and you as al elder do not even know as little as the fact that Okonjo Iweala secured that debt relief, should you not be called “ancestor kid”? Or you were not there during OBJ’s administration? Or you are not aware that it was the PDP era combined? The era of peace and success, until the group of liars, lied their way to power and still retain power with more lies daily.

Talk of the excess crude balance by the way. If GEJ wiped out the account, what did Buhari inherit then? How did you fail to mention the name of Buhari, who took the balance from 2.2 billion dollars inherited from GEJ to 400k dollars. Were you in the coven of ancestors from 1999 to 2015? Or as an ancestor you were not born yet? You all claimed that PDP ruined the country, recklessly overlooking baba go slow and the present baba bulala who have made life y bearable for citizens.

Are you sure your brain is functioning at all?

We are talking about 2014 which you first mentioned ooo not me but somehow you brought what happened 14 years before under a different administration.

I'm so ashamed on your behalf.

Is that why you wholly edited your original post which unfortunately for you, had been quoted?

You don't deserve my mention after this.

Worryingly:
Bunch of liars.

Yet, you're collecting loan upandan like drunken master.

And haven't been able to succesfully finance capital budget for two years running.

Never-do-well clowns.

Collecting loans to reap the masses like Opay