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Nairaland Forum / Nairaland / General / Politics / Nigeria’s Debt Rises By N7.1tn In Two Years - Minister of Finance (12787 Views)
Lagos, Rivers Lead As States Domestic Debts Hit N4.1tn / Atiku Shocked By Nigeria’s Debt Profile, Says Nation In Financial Crisis / Ondo Records Fastest IGR Growth As Nigerian States Generate N1.1tn In 2018 (2) (3) (4)
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Nigeria’s Debt Rises By N7.1tn In Two Years - Minister of Finance by nurex01(m): 3:13am On Jun 06, 2017 |
Everest Amaefule, Abuja The nation’s total indebtedness to foreign and local creditors now stands at N19.16tn, the Debt Management Office has said. This is N1.8tn increase from the N17.36tn recorded at the end of December 2016. http://punchng.com/nigerias-debt-rises-by-n7-1tn-in-two-years/
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Re: Nigeria’s Debt Rises By N7.1tn In Two Years - Minister of Finance by eezeribe(m): 3:16am On Jun 06, 2017 |
That is the 'change' Nigerians voted for. HALA MADRID!!!!!!!!! DUODECIMA!!!!!!!! 72 Likes 5 Shares |
Re: Nigeria’s Debt Rises By N7.1tn In Two Years - Minister of Finance by Nobody: 3:19am On Jun 06, 2017 |
Hausa-Fulani and Yorubaa will destroy this country...they are just scattering everything like babies. 123 Likes 11 Shares |
Re: Nigeria’s Debt Rises By N7.1tn In Two Years - Minister of Finance by kenny987(f): 3:48am On Jun 06, 2017 |
Very good! Borrow the country to death! CHANGE is real.. I wonder where those idiots are that claim that Bubu is doing some magic to pay salaries and disburse funds and if not for his amazing magical wisdom, Nigerian debt profile would have hit the roof? In just 2 years they have incurred more than half of what was left in 2015 and they have not even started implementing and funding 2017 budget! Una well done o! 113 Likes 8 Shares |
Re: Nigeria’s Debt Rises By N7.1tn In Two Years - Minister of Finance by OZAOEKPE(f): 3:51am On Jun 06, 2017 |
Let's see what BMC would tell us, they would blame Jonathan after 2 years he's gone 103 Likes 8 Shares |
Re: Nigeria’s Debt Rises By N7.1tn In Two Years - Minister of Finance by hucienda: 4:15am On Jun 06, 2017 |
7100 billion naira debt increase in just two years! wow! Just wow! Even states don turn 'borrow borrow make me rich' in two years. APC FG, APC SGs and PDP SGs I hail una. 32 Likes 1 Share |
Re: Nigeria’s Debt Rises By N7.1tn In Two Years - Minister of Finance by imsuboi(m): 4:30am On Jun 06, 2017 |
That's too little. It should be more. Na buhari fit una 32 Likes |
Re: Nigeria’s Debt Rises By N7.1tn In Two Years - Minister of Finance by ayzTIGER: 4:34am On Jun 06, 2017 |
No Hope for Nigeria. Is it not time they lay this country 6ft beneath the earth 8 Likes |
Re: Nigeria’s Debt Rises By N7.1tn In Two Years - Minister of Finance by Epositive(m): 5:24am On Jun 06, 2017 |
they no dey ever owe us ni? 5 Likes |
Re: Nigeria’s Debt Rises By N7.1tn In Two Years - Minister of Finance by Nobody: 5:27am On Jun 06, 2017 |
1 Like 1 Share |
Re: Nigeria’s Debt Rises By N7.1tn In Two Years - Minister of Finance by nurex01(m): 5:32am On Jun 06, 2017 |
Borrow borrow don tire me for this country 13 Likes |
Re: Nigeria’s Debt Rises By N7.1tn In Two Years - Minister of Finance by rayblast(m): 5:42am On Jun 06, 2017 |
Awon oni gbese!!!!!!!! 4 Likes |
Re: Nigeria’s Debt Rises By N7.1tn In Two Years - Minister of Finance by Sijo01(f): 5:42am On Jun 06, 2017 |
Bullhari/apc is working 11 Likes 1 Share |
Re: Nigeria’s Debt Rises By N7.1tn In Two Years - Minister of Finance by TPAND(f): 6:21am On Jun 06, 2017 |
The minister of finance who thinks and never have statistics of how the economy is doing under her watch. Who thinks we are getting out of recesssion. See yourself. This change, I mean this change is a negative change 28 Likes 3 Shares |
Re: Nigeria’s Debt Rises By N7.1tn In Two Years - Minister of Finance by wristbangle: 6:24am On Jun 06, 2017 |
Aside borrowing, the devaluation of naira also attributed to debt increase. 2 Likes |
Re: Nigeria’s Debt Rises By N7.1tn In Two Years - Minister of Finance by richeso: 6:27am On Jun 06, 2017 |
what has the BMC Idiots gats to say in regards ? 21 Likes |
Re: Nigeria’s Debt Rises By N7.1tn In Two Years - Minister of Finance by obonujoker(m): 6:29am On Jun 06, 2017 |
Lol... I thought Buhari is saving money?? 24 Likes |
Re: Nigeria’s Debt Rises By N7.1tn In Two Years - Minister of Finance by SalamRushdie: 6:30am On Jun 06, 2017 |
If Buhari survives his poor health he should one day be charged to court for Economic Sabotage, recklessness, "wrecklessness" and brigandy.....See the pain we voted with our short sightedness 54 Likes 5 Shares |
Re: Nigeria’s Debt Rises By N7.1tn In Two Years - Minister of Finance by ZombieTERROR: 6:35am On Jun 06, 2017 |
By the time Buhari and his band of rogues are through with Nigeria .... We can never come out of debt in three generations People who know nothing about governance and economic management All because they just want power and key to our treasury Each time I hear that adeosun speak I weep for Nigeria 75 Likes 8 Shares
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Re: Nigeria’s Debt Rises By N7.1tn In Two Years - Minister of Finance by KahlDrogo(m): 6:38am On Jun 06, 2017 |
Despite the drastic fall in FG income due to the near total collapse of oil prices at the international market, the FG still managed to check her borrowing, maintaining it at 3trillion in two years! That is absolutely commendable if you ask me. The question therefore is, how did we end up owing as much as 8trillion under years of surplus earnings? We had oil selling at over $110 pb yet our debt profile (FG) was still on the increase. What logical explanation can President NOI and her vice, Jonathan, give as to why we needed to borrow to pay salaries when oil sold at $75pb? Edit: For all those ignoramuses quoting me, here's what one of your favorite economists said yesterday : He said the recession happened because the Goodluck Jonathan administration failed to save earnings from crude oil sale when there was unprecedented boom in oil prices.Exactly what I was trying to explain. I'm not at all surprised at the responses I got. I know for a fact ignorant kids have overrun the forum and they are best as nothing but insults. 9 Likes 2 Shares |
Re: Nigeria’s Debt Rises By N7.1tn In Two Years - Minister of Finance by ZombieTERROR: 6:43am On Jun 06, 2017 |
ayzTIGER: Itz about time Only thieves wants the status quo Where they loot and borrow with reckless abandon ,they will promise heaven on earth but once they get in... You find out They are all the same 14 Likes 3 Shares
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Re: Nigeria’s Debt Rises By N7.1tn In Two Years - Minister of Finance by Nobody: 6:45am On Jun 06, 2017 |
Dats wat Nigeria's want, for me I tink there is no hope for Nigeria until d youth rise and elect credible representatives not base on tribalism, nepotism and religion sentiment. Bubu has not finish wit d so called change, I wish him to come back and finish wat he has started. 8 Likes |
Re: Nigeria’s Debt Rises By N7.1tn In Two Years - Minister of Finance by Pavarottii(m): 6:46am On Jun 06, 2017 |
Where are d zombies that said NO I was borrowing to pay salary. Now we can see that buhari has been borrowing for everything including feeding and projects, talk more of salary. Dumb president 16 Likes |
Re: Nigeria’s Debt Rises By N7.1tn In Two Years - Minister of Finance by EnEnPeecee: 6:47am On Jun 06, 2017 |
Wayward, hopeless and hypocritical humans. Politicians are useless. The enriched themselves with our common wealth and leave the country to die in high Dept. APC where is the change you promised 7 Likes |
Re: Nigeria’s Debt Rises By N7.1tn In Two Years - Minister of Finance by sinistermind(m): 6:49am On Jun 06, 2017 |
When i see such things, to comment go just weak me. 6 Likes |
Re: Nigeria’s Debt Rises By N7.1tn In Two Years - Minister of Finance by Pavarottii(m): 6:50am On Jun 06, 2017 |
KahlDrogo:SHUT UP! At least fuel was sold for 87naira. Now that fuel is sold for 145naira. Tell me why u av to borrow almost 8 trillion in 2years. Na wa poop. U can support rubbish o. 74 Likes 7 Shares |
Re: Nigeria’s Debt Rises By N7.1tn In Two Years - Minister of Finance by Nobody: 7:21am On Jun 06, 2017 |
When Nigerians hear the word change in 2019: 18 Likes
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Re: Nigeria’s Debt Rises By N7.1tn In Two Years - Minister of Finance by Nobody: 7:37am On Jun 06, 2017 |
ZombieTERROR: You know some guys on nairaland are slowpoke. I said it sometimes ago that Kemi Adeosun is one of the most clueless person in APC government. They rained insult on me as if I killed their Grandpa 27 Likes |
Re: Nigeria’s Debt Rises By N7.1tn In Two Years - Minister of Finance by dragonking2: 7:50am On Jun 06, 2017 |
Buhari is a monumental failure Where is Lalasticlala sef 9 Likes |
Re: Nigeria’s Debt Rises By N7.1tn In Two Years - Minister of Finance by adedayo3193(m): 7:59am On Jun 06, 2017 |
What the hell , in just two years 8 Likes |
Re: Nigeria’s Debt Rises By N7.1tn In Two Years - Minister of Finance by nurex01(m): 8:16am On Jun 06, 2017 |
ZombieTERROR: Well, I can say they are almost the same. 1 Like |
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