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Nigeria’s Debt Hits N25.7trn, Rises By N3.3trn In One Year - Politics (3) - Nairaland

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Disorder In Senate Over PMB Request To Approve N23.7trn Extra-budgetary Money / Nigeria’s Debt Hits N31trn – DMO / FIRS Breaks All-time Record, Generates N5.3trn In One Year (2) (3) (4)

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Re: Nigeria’s Debt Hits N25.7trn, Rises By N3.3trn In One Year by favour32(m): 8:55pm On Oct 15, 2019
Nai be say all money wey dem recover na scam.
Re: Nigeria’s Debt Hits N25.7trn, Rises By N3.3trn In One Year by achikolo(f): 8:57pm On Oct 15, 2019
[s]
solmusdesigns:
Why not argue my facts with your own statistics Mr Positive Hammered one
[/s]
Re: Nigeria’s Debt Hits N25.7trn, Rises By N3.3trn In One Year by solmusdesigns: 8:58pm On Oct 15, 2019
Mr economist, why dont you offer us an alternative to managing a 3% annual population expanssion on a constant 2.3mbpd crude oil sale without borrowing or heavy taxing



GEEBITE:
Pseudo economist here.Even if debt to GDP ratio is fine, debt to revenue ratio is atrocious. Ain't you aware that we will borrow more to fund our budget.Also they didnt teach you in economics that if population growth outstrips GDP growth,that is a red flag on the heath of an economy. Please stop punching above your weight in economics matter.
Re: Nigeria’s Debt Hits N25.7trn, Rises By N3.3trn In One Year by hustlelegit(m): 8:58pm On Oct 15, 2019
I hope dey never use us as collateral sha grin

2 Likes

Re: Nigeria’s Debt Hits N25.7trn, Rises By N3.3trn In One Year by RealityShot: 9:00pm On Oct 15, 2019
APC ! una do small small O!
no use 5years only commit wetin PDP commit in 16yrs O
Re: Nigeria’s Debt Hits N25.7trn, Rises By N3.3trn In One Year by Kennitrust(m): 9:00pm On Oct 15, 2019
The owners of the money should just come and cease the country mbok

1 Like

Re: Nigeria’s Debt Hits N25.7trn, Rises By N3.3trn In One Year by universe26(m): 9:01pm On Oct 15, 2019
ednut1:
Even usa dey owe

Oga what do u mean?
Are u usa? Are u in nigeria? If u are in nigeria and making this comment then i'm sorry i believe u are a lunatic!
And i wonder who gave u a phone to type this shit!

3 Likes 1 Share

Re: Nigeria’s Debt Hits N25.7trn, Rises By N3.3trn In One Year by Peejayx01(m): 9:02pm On Oct 15, 2019
Princedapace:


The corruption happening under this regime is child's play compared to what pdp did.
I swear, that is the fact. This government just has its way of playing Nigerians and leaving us with the thought that they're trying their best, while corruption keeps burning profusely
Re: Nigeria’s Debt Hits N25.7trn, Rises By N3.3trn In One Year by chloride6: 9:03pm On Oct 15, 2019
solmusdesigns:
..



Our debt to GDP is very fine, Our debt to Revenue is quite fine, all developed countries borrowed thier way to progress

Yes nigeria borrowed to complete Abuja-Kaduna rail, however its annual turnover and profit after expenditure is in the range of several billions

Our Infrastructural deficit stands at atleast $50 - $100 billion USD, if lagos to Kano rail cost $5.6billion, and Lagos - Calabar cost withing that range, rail alone needs 20 billion, while power needs $10bn, and roads, Ajaokuta steel plant and other project needs $30billion, 2.3 bpd crude oil sales with IOC taking 40% wont give us revenue fast enough to develop when our population growth is 3%

To the Dunce qouting me, why not suggest another financial plan for FG outside borowing, since our revenue is constant at 2.3mbpd crude oil sales we share with oil companies

..

Guy stop responding to people who know nothing
Re: Nigeria’s Debt Hits N25.7trn, Rises By N3.3trn In One Year by Bennycollins: 9:03pm On Oct 15, 2019
What could Ihave done my brother. I lack the power and Ihave just a single vote.
debaj10:
while I feel ur pain, I must let u know-

u committed d sin of complacency.
Re: Nigeria’s Debt Hits N25.7trn, Rises By N3.3trn In One Year by achikolo(f): 9:05pm On Oct 15, 2019
[s]
solmusdesigns:
Mr economist, why dont you offer us an alternative to managing a 3% annual population expanssion on a constant 2.3mbpd crude oil sale without borrowing or heavy taxing



[/s]
Re: Nigeria’s Debt Hits N25.7trn, Rises By N3.3trn In One Year by ekaromail: 9:05pm On Oct 15, 2019
M
Re: Nigeria’s Debt Hits N25.7trn, Rises By N3.3trn In One Year by jconsulting(f): 9:05pm On Oct 15, 2019
Unborn generations future has been borrowed
Re: Nigeria’s Debt Hits N25.7trn, Rises By N3.3trn In One Year by ilevic(m): 9:11pm On Oct 15, 2019
solmusdesigns:
..



Our debt to GDP is very fine, Our debt to Revenue is quite fine, all developed countries borrowed thier way to progress

Yes nigeria borrowed to complete Abuja-Kaduna rail, however its annual turnover and profit after expenditure is in the range of several billions

Our Infrastructural deficit stands at atleast $50 - $100 billion USD, if lagos to Kano rail cost $5.6billion, and Lagos - Calabar cost withing that range, rail alone needs 20 billion, while power needs $10bn, and roads, Ajaokuta steel plant and other project needs $30billion, 2.3 bpd crude oil sales with IOC taking 40% wont give us revenue fast enough to develop when our population growth is 3%

To the Dunce qouting me, why not suggest another financial plan for FG outside borowing, since our revenue is constant at 2.3mbpd crude oil sales we share with oil companies and our Population growth is 3% yearly

..

Minister for finance or minister of finance, which one are you? We'll do



After baba done type English finish, e put "dunce" so person no go fit quote am...
Re: Nigeria’s Debt Hits N25.7trn, Rises By N3.3trn In One Year by Princedapace(m): 9:12pm On Oct 15, 2019
solmusdesigns:
Oga calm down and enjoy Next Level.. Electricity became worse because Distributing Companies wont provide meters and Generating Companies aint
wasting power


So this is the excuse abi? These agencies are now the ruling govt abi.
Re: Nigeria’s Debt Hits N25.7trn, Rises By N3.3trn In One Year by solmusdesigns: 9:15pm On Oct 15, 2019
oga, you sef suggest something na, Naija na our own if borrowing na crime , abeg wetin make we do since electricity road and rail dey upside down and Niger delta oyel money no do

ilevic:


Minister for finance or minister of finance, which one are you? We'll do



After baba done type English finish, e put "dunce" so person no go fit quote am...
Re: Nigeria’s Debt Hits N25.7trn, Rises By N3.3trn In One Year by solmusdesigns: 9:17pm On Oct 15, 2019
Oga Jonathan sold them to his friends, and if we want them back we must pay huge money like P&ID so oga suggest options for FG rather than balme and lament

Princedapace:


So this is the excuse abi? These agencies are now the ruling govt abi.
Re: Nigeria’s Debt Hits N25.7trn, Rises By N3.3trn In One Year by uzohrome(m): 9:18pm On Oct 15, 2019
Omoslim26:


No he is not
Nigerians are
abi na mosquitoes and termites vote the clueless and almost dead man of a president inside office?

You are right
Re: Nigeria’s Debt Hits N25.7trn, Rises By N3.3trn In One Year by achikolo(f): 9:19pm On Oct 15, 2019
[s]
solmusdesigns:
oga, you sef suggest something na, Naija na our own if borrowing na crime , abeg wetin make we do since electricity road and rail dey upside down and Niger delta oyel money no do

[/s]
Re: Nigeria’s Debt Hits N25.7trn, Rises By N3.3trn In One Year by erico2k2(m): 9:21pm On Oct 15, 2019
solmusdesigns:
..



Our debt to GDP is very fine, Our debt to Revenue is quite fine, all developed countries borrowed thier way to progress

Yes nigeria borrowed to complete Abuja-Kaduna rail, however its annual turnover and profit after expenditure is in the range of several billions

Our Infrastructural deficit stands at atleast $50 - $100 billion USD, if lagos to Kano rail cost $5.6billion, and Lagos - Calabar cost withing that range, rail alone needs 20 billion, while power needs $10bn, and roads, Ajaokuta steel plant and other project needs $30billion, 2.3 bpd crude oil sales with IOC taking 40% wont give us revenue fast enough to develop when our population growth is 3%

To the Dunce qouting me, why not suggest another financial plan for FG outside borowing, since our revenue is constant at 2.3mbpd crude oil sales we share with oil companies and our Population growth is 3% yearly

..
See DEM< una go defend anything as far as its APC angry angry
So in your own wisdom, you are telling me you believe that lubish you type up there
Re: Nigeria’s Debt Hits N25.7trn, Rises By N3.3trn In One Year by achikolo(f): 9:21pm On Oct 15, 2019
[s]
solmusdesigns:
Oga Jonathan sold them to his friends, and if we want them back we must pay huge money like P&ID so oga suggest options for FG rather than balme and lament

[/s]
Re: Nigeria’s Debt Hits N25.7trn, Rises By N3.3trn In One Year by erico2k2(m): 9:22pm On Oct 15, 2019
solmusdesigns:
Oga Jonathan sold them to his friends, and if we want them back we must pay huge money like P&ID so oga suggest options for FG rather than balme and lament

please name the friends since you know them nah?

1 Like

Re: Nigeria’s Debt Hits N25.7trn, Rises By N3.3trn In One Year by solmusdesigns: 9:23pm On Oct 15, 2019
why not talk your own na
abi you sef fit give us to solution to mess wey naija finf it self

erico2k2:

See DEM< una go defend anything as far as its APC angry angry
So in your own wisdom, you are telling me you believe that lubish you type up there
Re: Nigeria’s Debt Hits N25.7trn, Rises By N3.3trn In One Year by achikolo(f): 9:23pm On Oct 15, 2019
[s]
solmusdesigns:
why not talk your own na
abi you sef fit give us to solution to mess wey naija finf it self

[/s]
Re: Nigeria’s Debt Hits N25.7trn, Rises By N3.3trn In One Year by GGirll: 9:25pm On Oct 15, 2019
LongDay:
I would do this in just two places




I HAVE TRIED TO HOLD ON BUT I MAY GIVE UP VERY SOON

If this is the best life can offer to one for coming to earth, then I wouldn't wish even my enemy to come. Whether you die today or later, death is death. Also, everything has elastic limit and I think I've reached that point as of today. I've tried my best, I have endured but I can't continue like this anym. No thanks to that unfortunate day that brought me to this condition. Thank God I didn't bring forth any offspring to come and suffer what I'm passing through. I have no way to go to and before my things will be thrown outside, they will also have to remove my dead body from the room. It's a promise! This might not be the best decision but it will bring an end to all problems in life. As for Nigeria and Nigerians, you can only help who is still alive, not the dead. If you can help me now, please do, not after the news filtered everywhere, then RIP rains. It won't help the dead in anyway. My mum will cry and everybody will cry but they will all be fine afterwards. Mum, I know only you could help me but since you don't have the means, no problem. I believe your small business will sustain you till whenever heaven will call you to leave the earth. Everybody will cry but they'll be fine after a short while after all, I won't be the first to do this. If I am faking this for whatever reason, why not leave me for Karma?

I NEED HELP. I SERIOUSLY DO. I CAN'T CONTINUE LIKE THIS ANYMORE. I MAY HAVE TO GIVE UP.

For anyone who wants to reach me can do so with this number. 08102581687

LIFE IS UNFAIR!!!

No matter d hell you feel you are going through,suicide or ending your life will bring eternal sorrow n damnation that you will never come out of n will never forgive yourself....people will want to help but d prob here is we don't know genuine people in need here as a matter of fact people are going through hell here so keep keeping keep n trust God even if they throw your things out you will 've alright at last after all you won't be d first or d last ok...take heart n hope for better days be strong dear.

1 Like

Re: Nigeria’s Debt Hits N25.7trn, Rises By N3.3trn In One Year by solmusdesigns: 9:25pm On Oct 15, 2019
Tunde Ayeni the PDP major sponsor

he got two of our DISCOs
erico2k2:

please name the friends since you know them nah?
Re: Nigeria’s Debt Hits N25.7trn, Rises By N3.3trn In One Year by erico2k2(m): 9:26pm On Oct 15, 2019
solmusdesigns:
why not talk your own na
abi you sef fit give us to solution to mess wey naija finf it self

Yes restructure and derive a new revenue formula, nor be all the mouth them make finish now reality hits they can't talk no more,
I I was the one in power my 1st priority of borrow would be to increase our power generation.
The Increase our domestic refining capacity.If you check how much was borrowed in one year it can achieve this, you want me to give you more?
I'm not saying borrowing is bad however there must be a genuine reason to borrow, now borrowing to RUN GOVT is a dead decision!

1 Like

Re: Nigeria’s Debt Hits N25.7trn, Rises By N3.3trn In One Year by achikolo(f): 9:27pm On Oct 15, 2019
[s]
solmusdesigns:
Tunde Ayeni the PDP major sponsor

he got two of our DISCOs
[/s]
Re: Nigeria’s Debt Hits N25.7trn, Rises By N3.3trn In One Year by erico2k2(m): 9:30pm On Oct 15, 2019
solmusdesigns:
Tunde Ayeni the PDP major sponsor

he got two of our DISCOs
Let me ask you a question and be Honest DO the DISCOs Make money?and would You buy one if sold to you?
Re: Nigeria’s Debt Hits N25.7trn, Rises By N3.3trn In One Year by solmusdesigns: 9:32pm On Oct 15, 2019
O yes i would gladly buy one and start estimating charges on poor nigerians to make even more money

erico2k2:

Let me ask you a question and be Honest DO the DISCOs Make money?and would You buy one if sold to you?
Re: Nigeria’s Debt Hits N25.7trn, Rises By N3.3trn In One Year by Nobody: 9:33pm On Oct 15, 2019
Lol,,,,
I wonder what would remain even if Naija is soldcheesy
E be like say na balance all Nigerians go share las lasgrin


Na joke o

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