Nigeria's Debt More Than Its Foreign Reserve - Politics - Nairaland
Nairaland Forum › Nairaland General › Politics › Nigeria's Debt More Than Its Foreign Reserve (1252 Views)
| Nigeria's Debt More Than Its Foreign Reserve by Levant(op): 9:13am On May 14, 2018 |
FOREIGN RESERVE: FIRST THREE AFRICAN COUNTRIES - Chidi Cali [1] Algeria -------- $97.3Billion [2] Libya ----------- $71.0Billion [3] South Africa ---$50.7Billion Nigeria's Foreign Reserve is NOT the Highest in Africa against the lies and bogus claim by Buhari and his supporters. Nigerian Debt Profile has increased from $9.4b to $18.9b (external). Domestic Debt is N12,589,486,125,592 ($39.8B). Nigeria total debt is $58.7B. External Reserve is $47.3B Balance - $11.4Billion in RED. Technically, there is no money in our Foreign Reserve. Just Paper. IT IS MY DUTY TO NIGERIAN TO KEEP BURSTING BUHARI AND HIS LYING TEAM'S LIES. FEEL FREE TO SHARE. #FactsAreFacts - Chidi Cali 7 Likes |
| Re: Nigeria's Debt More Than Its Foreign Reserve by three: 9:17am On May 14, 2018 |
You dey mind dem?  3 Likes |
| Re: Nigeria's Debt More Than Its Foreign Reserve by magoo10(m): 9:33am On May 14, 2018 |
Yet they keep borrowing at the detriment of younger generations and at the admiration of sycophants. 2 Likes |
| Re: Nigeria's Debt More Than Its Foreign Reserve by Omololu2121: 9:36am On May 14, 2018 |
Can't we just hold a SNC in 2019 instead of a general election Because whether you believe it or not,people are getting more and more poorer in Nigeria, I went to mowe and ibafo,the sort of houses I saw there made me shake with fear, I can't believe people will live in some of the houses I saw there. 3 Likes |
| Re: Nigeria's Debt More Than Its Foreign Reserve by Omeokachie: 10:04am On May 14, 2018 |
It's called Buhari magic or Buharinomics. Highlight the foreign reserve while mortgaging their future through unbridled debts 6 Likes |
| Re: Nigeria's Debt More Than Its Foreign Reserve by asksteve(m): 10:47am On May 14, 2018 |
Try as u may to explain, dumb heads will never listen or even stop to think, to them as long as king of the north has spoken it stands even if they are lues like they always have been since 2015. Now u c y he has d audacity to refer to all Nigerian youths as uneducated n lazy. |
| Re: Nigeria's Debt More Than Its Foreign Reserve by NigeriaIsDoomed: 11:20am On May 14, 2018 |
Keeping bursting their lies and propaganda |
| Re: Nigeria's Debt More Than Its Foreign Reserve by kayfra: 11:21am On May 14, 2018*. Modified: 4:04pm On May 14, 2018 |
So? What's the usefulness of debt being more than reserves. Do you think government economics is petty trading? How many countries developed and developing don't have debt higher than reserves? 2 Likes |
| Re: Nigeria's Debt More Than Its Foreign Reserve by Nobody: 12:17pm On May 14, 2018 |
I for one think most countries are in same shoes with Nigeria. I may be wrong but I think even some of the most developed nations have their debts higher than their reserve. Op, can u help us publish the reserve and debts profile of America, Russia, China, France, UK, and even those 3 African nations u listed there? I just want to know, that's all. Thanks... 4 Likes 1 Share |
| Re: Nigeria's Debt More Than Its Foreign Reserve by PassingShot(m): 12:22pm On May 14, 2018 |
Go school, you no gree  4 Likes |
| Re: Nigeria's Debt More Than Its Foreign Reserve by Emassive(m): 12:38pm On May 14, 2018 |
The Euro bonds is the reason why our debt profile is going higher yet Mr bubu is selling our oyel at a moderate cost without anything to show for it |
| Re: Nigeria's Debt More Than Its Foreign Reserve by ican2020: 1:52pm On May 14, 2018 |
Future generations will hear wen... |
| Re: Nigeria's Debt More Than Its Foreign Reserve by Daviddson(m): 3:39pm On May 14, 2018 |
Petty logic. Totally out of order. US has world's largest debt but is still the world's number one economy. 3 Likes |
| Re: Nigeria's Debt More Than Its Foreign Reserve by bennyann: 3:44pm On May 14, 2018 |
Seriously, I've lost the definition of what can be said to be a LIE because of this present government. |
| Re: Nigeria's Debt More Than Its Foreign Reserve by xpiranza: 5:00pm On May 14, 2018 |
Front1line:when Jonathan. was there did u support him .so don't expect us to support bubu |
| Re: Nigeria's Debt More Than Its Foreign Reserve by Idrico(m): 5:27pm On May 14, 2018 |
Levant:where is your source IPOB 1 Like |
| Re: Nigeria's Debt More Than Its Foreign Reserve by nelxxy(m): 5:27pm On May 14, 2018 |
Front1line:
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| Re: Nigeria's Debt More Than Its Foreign Reserve by Front1line: 11:38pm On May 14, 2018 |
xpiranza:You are too tiny for me to deal with. Where was your father when I was on the street clamoring for Jonathan to be declared the president after the death of Yardua ? I can still remember vividly updating my Facebook status about Yarduas death before he was pronounced dead to dead brains like u. News carried by international dailies months before it broke in Nigeria. 1 Like |
| Re: Nigeria's Debt More Than Its Foreign Reserve by Xander85: 12:30am On May 15, 2018 |
Omeokachie:Bros, it's called voodoo economics!  1 Like 1 Share |
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