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Nairaland Forum / Nairaland / General / Politics / Nigeria’s Debt Reaching Critical Levels — NEITI (11548 Views)
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Nigeria’s Debt Reaching Critical Levels — NEITI by SaiNigeria: 3:32pm On Aug 21, 2017 |
40% of FAAC disbursements used for debt servicing http://www.vanguardngr.com/2017/08/nigerias-debt-reaching-critical-levels-neiti-2/ 6 Likes 4 Shares
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Re: Nigeria’s Debt Reaching Critical Levels — NEITI by SaiNigeria: 3:32pm On Aug 21, 2017 |
Its not all about killing a diseased Camel to celebrate the return of a leader who went AWOL for over 105 days. We need to ask questions.......When the oil price was high, GEJ's highest budget was about 4.5 trillion Naira, but now that the oil prices is low, Buhari's 2016 and 2017 budgets have each been about 7 trillion Naira; both with nothing to show. What is Mr integrity doing with the borrowed and recovered funds 112 Likes 6 Shares |
Re: Nigeria’s Debt Reaching Critical Levels — NEITI by fergie001: 3:40pm On Aug 21, 2017 |
Kemi DuduOsun, over 2 u 82 Likes 8 Shares
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Re: Nigeria’s Debt Reaching Critical Levels — NEITI by dadavivo: 3:41pm On Aug 21, 2017 |
Buhari want to finish this country and then die tomorrow and then leave Zombies to suffer, meanwhile he has stashed away billions of our OIL money for him and his useless family just like his brother Abacha did. 58 Likes 6 Shares
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Re: Nigeria’s Debt Reaching Critical Levels — NEITI by Nbote(m): 4:02pm On Aug 21, 2017 |
I'm still asking myself where our China loan went... We have been borrowing and borrowing since 2015 with absolutely nothing on ground to show for it... Abi is it d money dey are using to fight corruption? 37 Likes 5 Shares |
Re: Nigeria’s Debt Reaching Critical Levels — NEITI by SaiNigeria: 4:03pm On Aug 21, 2017 |
dadavivo: Like seriously.... it seems the man knows his death is near and so wants to plunge the country into whats best known to him before kicking the bucket. Thats sheer wickedness 31 Likes 5 Shares |
Re: Nigeria’s Debt Reaching Critical Levels — NEITI by Seguntimmy(m): 4:08pm On Aug 21, 2017 |
SaiNigeria:. . How I wish I can grant any of your request, you've entirely spoken my mind, that was what also came to my mind, 7trln, no development, citizens languishing in poverty, aso rock hospital gets nothing compared to private hospitals, where is the essence of massive budget? 44 Likes 4 Shares |
Re: Nigeria’s Debt Reaching Critical Levels — NEITI by SaiNigeria: 4:14pm On Aug 21, 2017 |
Seguntimmy: They can squander or embezzle funds from the budget......But why obtain loans only to embezzle them Is that not sheer wickedness? 24 Likes 2 Shares |
Re: Nigeria’s Debt Reaching Critical Levels — NEITI by Paperwhite(m): 4:29pm On Aug 21, 2017 |
Just negodu ihe ndi "change" neme na obodo'a. Nigeria is already having a foretaste of what the APC is all about and will surely shudder in horror by the time the corrupt deeds of the APC will be unearthed. 31 Likes 3 Shares |
Re: Nigeria’s Debt Reaching Critical Levels — NEITI by SaiNigeria: 4:34pm On Aug 21, 2017 |
20 Likes 3 Shares |
Re: Nigeria’s Debt Reaching Critical Levels — NEITI by Seguntimmy(m): 4:43pm On Aug 21, 2017 |
SaiNigeria:. . I wonder o 6 Likes |
Re: Nigeria’s Debt Reaching Critical Levels — NEITI by SalamRushdie: 4:47pm On Aug 21, 2017 |
Is Buhari's 30 million pounds hospital bill part of this critical level foriegn debt? 9 Likes 2 Shares |
Re: Nigeria’s Debt Reaching Critical Levels — NEITI by mohaMADbuari: 5:08pm On Aug 21, 2017 |
Lalasticlala mynd44 |
Re: Nigeria’s Debt Reaching Critical Levels — NEITI by docadams: 5:18pm On Aug 21, 2017 |
SaiNigeria: Hmmm Shagari's budget in the early 80's hovered between N9 - 11b. How did it rise to N4.5t in Jona's time? 1 Like |
Re: Nigeria’s Debt Reaching Critical Levels — NEITI by NobleAngell(f): 5:39pm On Aug 21, 2017 |
Buhari's illness and treatment is enough to land us in trouble financially. That's it! He will be taken to the nearest Primary Health Center should there be any other health challenge. Haba! 14 Likes 3 Shares |
Re: Nigeria’s Debt Reaching Critical Levels — NEITI by SaiNigeria: 5:47pm On Aug 21, 2017 |
docadams: Don't let me E-slap you..... How on earth can you compare the budget of 80s to Jonathan's 44 Likes 4 Shares |
Re: Nigeria’s Debt Reaching Critical Levels — NEITI by Nbote(m): 5:52pm On Aug 21, 2017 |
docadams: It is obvious dat between d 80's and 2015 ur sense of reasoning has remained d same.. Why won't u ppl face d obvious and do away with ur fixations on GEJ 3yrs afta...? 40 Likes 5 Shares |
Re: Nigeria’s Debt Reaching Critical Levels — NEITI by SaiNigeria: 5:57pm On Aug 21, 2017 |
docadams: Compare Shagari's budget to that of Obasanjo's 2001 budget of #2.5trillion and tell us how the later arrived at such figure 24 Likes |
Re: Nigeria’s Debt Reaching Critical Levels — NEITI by omowolewa: 6:24pm On Aug 21, 2017 |
If you spend your way out of recession, be ready to tax your way out of the resulting debt. Nigerians need to wake-up, stop the blaming and make it work. They wise and clever work to earn but pay taxes to people they call looters, thieves, quack, janitor, vegetables, jackals, hyenas.... 4 Likes 1 Share |
Re: Nigeria’s Debt Reaching Critical Levels — NEITI by SaiNigeria: 6:33pm On Aug 21, 2017 |
lalasticlala mynd44 why are threads meant to educate the masses on the other sides of the government not given priority? 9 Likes 2 Shares |
Re: Nigeria’s Debt Reaching Critical Levels — NEITI by TINALETC3(f): 9:17pm On Aug 21, 2017 |
Re: Nigeria’s Debt Reaching Critical Levels — NEITI by NtoAkwaIbom(m): 9:18pm On Aug 21, 2017 |
Acting Executive Secretary of NEITI, Mr. Waziri Adio, NEITI, in its latest Quarterly Review, which focused on disbursement from the Federation Accounts and Allocation Committee, FAAC, disclosed that a total of N513 billion was spent on debt servicing by the three tiers in the first quarter of 2017, compared to total disbursements of N1.276 trillion. It said: “This means that debt servicing took up 40.27 per cent of FAAC disbursement for the first quarter of this year. [/quote] How many of those ahead read this part of the article 2 Likes |
Re: Nigeria’s Debt Reaching Critical Levels — NEITI by bedspread: 9:18pm On Aug 21, 2017 |
THE GOVERNMENT ITS SELF IS CRITICAL... THERE IS NO OTHER LEVEL AS CRITICAL AS WAT IT IS ALREADY 7 Likes 2 Shares |
Re: Nigeria’s Debt Reaching Critical Levels — NEITI by maklelemakukula(m): 9:19pm On Aug 21, 2017 |
They should comman tell us how pdp caused it 13 Likes 2 Shares |
Re: Nigeria’s Debt Reaching Critical Levels — NEITI by syndrum(m): 9:21pm On Aug 21, 2017 |
I'm not surprised 5 Likes 1 Share |
Re: Nigeria’s Debt Reaching Critical Levels — NEITI by Integrityfarms(m): 9:21pm On Aug 21, 2017 |
It baffles me as how this administration is fast mortgaging this nation into perpetual debt slavery Subsidy was removed, stamp duty charges enforced, taxation raised, stolen funds recovered, yet we are borrowing more than ever before..... Na God go judge apc matter... 20 Likes 2 Shares |
Re: Nigeria’s Debt Reaching Critical Levels — NEITI by LesbianBoy(m): 9:24pm On Aug 21, 2017 |
Buhari is a failure - osibanjo 18 Likes 2 Shares |
Re: Nigeria’s Debt Reaching Critical Levels — NEITI by nell2: 9:29pm On Aug 21, 2017 |
NobleAngell:He contested only to foot his medical bills period. Integrityfarms: His supporters will not see this one oo. 13 Likes 2 Shares |
Re: Nigeria’s Debt Reaching Critical Levels — NEITI by jumpandpas(m): 9:30pm On Aug 21, 2017 |
Buhari is a curse to Nigeria 6 Likes 2 Shares |
Re: Nigeria’s Debt Reaching Critical Levels — NEITI by ChangetheChange: 9:32pm On Aug 21, 2017 |
Buhari is a gworo chewing burukutu drinking bastard---Wole Soyinka 16 Likes 2 Shares |
Re: Nigeria’s Debt Reaching Critical Levels — NEITI by oshe11: 9:35pm On Aug 21, 2017 |
wat shud we do then keell booharry 2 Likes 1 Share |
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