obailala:

Yeah but you earlier mentioned BMO and the thread talks about BMO.

Awoo88:

There us nothing true about that!! Hope you are not of those hirelings advancing all kind of moronic argument and narrative in favour of this government.

itsme01:




Shame on Jonathan, Obasanjo cancelled all of our National Debt (FG) , Yaradua didnt borrow, but Jonathan earned high dollars from crude Oil and left FG debt at $63bn without anything visible like standard guage rail(lagos- ogun- ibadan) or Second Niger Bridge, and New AirPort Terminal


And to the PDP Dunce qouting Nigeria's total debt (internal and external) (36 States + FG) N28trn, you should understand FG only owes $68bn out of that while useless state owes the rest, and it would shock you to know that the state actually owes the FG especially PDP state like Abia who borrowed bail out fund and squandered it while living debt for abians



....

Racoon:
Chai! Liars! Fraudsters! Scammers! Data from same DMO office

gwinaB:


I thought there is somewhere they wrote " as at 2010..........$35bn. and Jonathan was not president from January 2010. Who could have accumulated that debt?

Racoon:
Chai! Liars! Fraudsters! Scammers! Data from same DMO office

Racoon:
[color=#990000][/color]
https://www.google.com/amp/s/www.icirnigeria.org/nigerias-external-debt-rises-by-163-per-cent-between-2015-and-2019/amp/

And any reasonable Nigerian needs a sooth- sayer to know that this government is a curse?

adanny01:


Keep deceiving yourself with falsehood.

Sensible Nigerians voted Buhari to continue. I am sure the sensible Nigerians way out number the likes of you.

Tetehjewels:


Wailers can be so idiotic. E.G this one who typed this nonsense.

When did BMO (Buhari media Organisation) Become DMO (Debt management Office)?

Your wailing has shut down your brain and rendered you blind.

abbiboy:

Btw DMO n BMO which info and data is more credible...ur education is just a waste!!

Kawabonga:

Actually he is!
Just a paid zombie

ledamaster:
$30billion ÷200million=$150,000. ×360=#54,000,000:00
Buhari i dont need your audio projects, give me my own share of the $30billion which is #54,000,000.

Tetehjewels:


As you cannot use that mass of dog poop in your head which you call a brain to understand that DMO (debt management office) confirmed the claim of BMO (Buhari media organisation) regarding the debt left by PDP and money borrowed by Buhari.

Your education is non existent

grandstar:


Brush up your economics.

When Jonathan left office, public debt was equal to 12% of GDP. GDP then was around $500bn.

Multiply 12% by 500bn and you have $60bn

As of now, debt burden has shot up to 22% of GDP under Buhari.

This is not a PDP or APC. This is simple economics.

abbiboy:

Confirmation indeed....wetin musa no go hear for gate when it comes to this govt n lies!

Awoo88:

Quit acting like you know what you are talking about. Getting a brief from your paymaster to type nonsense makes you look stupid.

obailala:

The only thing I'm advancing is the truth. The truth which so many people cant see, or intentionally refuse to see or believe when it doesnt favour their narrative. The human nature is indeed funny.

Nigeria’s total debt as at June 2010 stood at $35bn (~N5.25 trillion at an exchange rate of N150/$),
Nigeria’s total debt as at June 2015 just after handover stood at ~$61bn (~N12.12 Trillion at an exchange rate of N199/$)
Nigeria’s total debt as at June 2019 stand at ~$84.3bn (~N25.7 trillion at an exchange rate of N305/$).

Now this simple information above can be weaponized by politicians and swung in virtually any direction:

PDP Argument: "Our total debt was N12.1 trillion in 2015 but PMB has more than doubled it to N25.7 trillion in 4 years."

APC Argument: "Our total debt was ~$61bn in 2015 and it's only ~$84.3bn now; we added only $23bn even at a time of low oil income, however our loudest critics (PDP) added $28bn to our debts between 2010 and 2015 and also depleted reserves despite high oil price."

...and the arguments continue, and the people fail to ask questions but just swallow words of their favourite politicians.

Awoo88:

And you think you have posted something intelligent. This new brief given to guys will only make you guys look more stupid as usual

Kawabonga:

Actually he is!
Just a paid zombie

Awoo88:

Quit acting like you know what you are talking about. Getting a brief from your paymaster to type nonsense makes you look stupid.

obailala:
I just read through all your comments on this thread and noticed you've been on a deranged rampage, insulting everyone without as liitle as making a single contribution. You really do think 'intelligence' is when you go online and just spew insults right?

A sane human would definitely have been able to point out what numbers I listed or what part of my explanation which he doesnt agree with. But obviously, I over estimated the functionality of the brain cells of the person I quoted.

grandstar:


I'm neither APC or PDP. I can't even stand Buhari. I hardly have anything good to say about him.. You don't need a rocket scientist to understand what I just wrote.

In your quest to disprove critics of Jonathan, you throw economic reality away.

You are looking at the debt the wrong way. If your driver owes N1million, and Dangote owes 10m, who has a greater debt burden? I'm sure you'll say your driver.

Nigeria's debt at 12% of GDP was actually very good. and one of the lowest in the world.

Look at the public debt burdens as percentage of GDP of various countries. Find out how Nigeria compares with others

https://en.wikipedia.org/wiki/List_of_countries_by_public_debt

obailala:
The fellow you expend your energy responding to is probably a 14 year old kid who just finds pleasure anonymously insulting people online. Check his history, he hasnt made a single countribution, all he's done is drop one sentence insults to different people. Now I know what online trolls are; they just make you angry and burn your energy for nothing.

obailala:
I just read through all your comments on this thread and noticed you've been on a deranged rampage, insulting everyone without as liitle as making a single contribution. You really do think 'intelligence' is when you go online and just spew insults right?

A sane human would definitely have been able to point out what numbers I listed or what part of my explanation which he doesnt agree with. But obviously, I over estimated the functionality of the brain cells of the person I quoted.