₦airaland Forum

GavelSlam:
Jonathan's debt .

SalamRushdie:
That 12 billion dollars you have posted as Jonathan's debt was equivalent to 2 trillion Naira as at when Jonathan handed over to Buhari and in just 3 years it has swollen to a total of 19.4 trillion Naira... Can you now see that Buharis govt is totally wicked .

GavelSlam:
Our foreign debt is always valued in the more stable currency of dollars, the currency in which it was incurred.

I don't expect you to know that being a blockhead.
The total debt was 63 billion dollars.

You and Jonathan are thieves.

GavelSlam:
Our foreign debt is always valued in the more stable currency of dollars, the currency in which it was incurred.

I don't expect you to know that being a blockhead.
The total debt was 63 billion dollars.

You and Jonathan are thieves.

GavelSlam:
Our foreign debt is always valued in the more stable currency of dollars, the currency in which it was incurred.

I don't expect you to know that being a blockhead.
The total debt was 63 billion dollars.

You and Jonathan are thieves.

4Play:
You are a mendacious oaf. You are using the collapse of the Naira to convey the impression that Nigeria doesn't owe much. The audacity of you fecal-brained propagandists is mind-boggling!

If the government had N160bn in debt in 2014 and N305bn in 2018, the fact that both figures equate to $1bn at the official exchange rate does not mean the debt hasn't increased. This is particularly so if most of the government's debt is Naira denominated.

I hope they pay you well for the drivel you come out with.

GavelSlam:
Jonathan's debt .

KratosCorp:
The image you posted says that the figure is in MILLIONS. So where are you getting your $63 billion horse poo from?

fulaniHERDSman:
Chaiiiii!!

BMC Bastards over to una

SalamRushdie:
If you are half as smart as you claim ( but I know you are not) you would have seen in the article that two debt profiles were captured "respectively " ( I hope you know the meaning of the word ) ..In you useless attachment you captured a debt of 12 billion dollars from the Jonathan Era and today that figure is 15 billion dollars and 14 trillion Naira " respectively .. so the total current debt profile under Jonathan was 12 billion dollars or 2 trillion Naira while under your dull leader is 54 billion dollars or 19.4 trillion Naira with absolutely nothing to show for it than the armyvofblame zombies being paid to defend nonsense .... Did Buhari borrow more than Jonathan or not ? Simple

justtoodark:
thunda go smotther you their...how do you await nigeria to come forward withouth making debts......

GavelSlam:
Jonathan's debt .

deji17:
Between 2012 and 2015, Jonathan borrowed the equivalence of $15 billion dollars and earned high income from oil at average of $100 per barrel, with nothing to show for it. So far, between 2015 and 2018, Buhari had borrowed $7 billion dollars with lots of capital projects to show for it

aj1802001:
Hello Mr Man, shame you do not read or have your facts at hand when making an argument hence use of insults. Kindly look up the Abuja to Kaduna line and you will see that it was completed in 2014.Was the present government in charge as at then? All your president did was to buy few locomotives and take a ride in them and for that, he had to go on a borrowing spree to do that. If in doubt, Pls see the link below(that is if you can read, lazy Nigerian youth).
https://www.railway-technology.com/projects/abuja-kaduna-rail-line/

deji17:
Stop lying. The Abuja - Kaduna rail line was not operational until Jonathan left. If the rail project were completed and commissioned by Jonathan, how come the rail line was not in operation before Jonathan left and after he left office?

aj1802001:
Mr Man, I brought my evidence. Where is yours? I don't want to call you lazy. Because Jonathan did not rush to commission the project doesn't mean it wasn't finished. Grow a pair and stop being emotional.

deji17:
Jonathan that was desperate towards the end of his administration, will showcase buying a pen as achievement.

Read here to see the true picture of things.

This is a January 2016 news report about the status of the Project....

Hope dims on N170 billion Abuja-Kaduna rail project

According to a contract agreement signed with the Federal Government on October 22, 2009, the Chinese construction firm was expected to complete the job in 46 months which should have been in December 2014. Yet, at present, most of the critical aspects of the project are still under construction.

Former President Goodluck Jonathan, citing insufficient resources to fund the nation’s entire budgetary needs, had announced that his administration had secured about $900,000,000.00 from the China Export and Import Bank, through the Federal Ministry of Transportation with the active support of the then Finance Minister, Dr. Ngozi Okonjo-Iweala.

The credit facility which was granted under the permission of the Chinese government, stipulated that the loan would be released in tranches by way of shipment of hardware such as steel rail tracks, structural equipment, earth movers, concrete bridges, Chinese trucks, concrete sleepers, precast T-beams, for the laying of rail tracks covering 187 kilometres.

Other components of the project such as the provision of modern railway engines, cabins of various categories, personnel, securing frequency band for communications, are the sole responsibility of the Federal Government through the Transportation Ministry.

According to an investigation, the level of track laying so far is about 80 per cent completed though it had been about 70 per cent just before the last general elections.

It is expected that the remaining 20 or 30 per cent work on track laying as well as completion of the nine stop stations should have been completed by now.

Also, none of the proposed nine stop stations has been completed, even as the pace of work remains slow.

There is hope, however, that with the present administration’s determination to ensure complete infrastructural development in the country, due attention will be paid to the completion of the project.

http://guardian.ng/news/hope-dims-on-n170-billion-abuja-kaduna-rail-project/

vedaxcool:
Obonujoker won't leave begging and pay attention to an intelligent man teaching him how to use his brain and think.