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Obasanjo Says Nigeria Faces Impending Bankruptcy - Politics (3) - Nairaland

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Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by bmdmixer: 7:21am On Dec 29, 2019
we know but d old fart n gang of ass see other wise



ARE YOU AN ARTIST? CHECK MY SIGNATURE
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by luluosas(m): 7:21am On Dec 29, 2019
https://www.nytimes.com/2006/04/22/world/22nigeria.html
But I thought OBJ paid off Nigeria's debt before leaving office in 2007.

ValCon888:
Says one of the people that bankrupted us.

I have used Big Data to study the algorithm for Nigeria, and I'm not surprised to see how bleak and hopeless the future is.

Nigerians yet unborn are going to curse these generation of leaders for putting them under crippling debt.
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by Urhobokwaleboy(m): 7:21am On Dec 29, 2019
A nigga once said::oh please he should shut the fvck up..

When he stole the 16billion dollars that was supposed to be used for electricity,he did not know that on the long run it will affect the country..

Now he want to come and be acting as if he cares.

Stupid past/present leaders that we keep having.

1 Like

Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by ScotMisile: 7:22am On Dec 29, 2019
Buhari, continue borrowing, Nigerians keep cheering him up because you lack the humility to accept your error.

By the time Nigeria crumble it will be felt by everyone including the hailers. ... By then my beloved Biafra will come up Naturally.
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by Nobody: 7:22am On Dec 29, 2019
Hmmm
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by itsme01: 7:23am On Dec 29, 2019
Aboguede:
For ur mind now, u are intelligent?

It is very annoying to see complete goats fuming Solomon


Tufiaka



if borrowing would give southwest more infrastructure, buhari should please help us borrow we have capacity to pay back through creative jobless graduates that would get working...

tufiakwa for Ndi Marginalisation and enemies of development
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by wink2015(m): 7:24am On Dec 29, 2019
Let the federal government cut down on the high cost of governance.

Let the national assembly and state house of assembly be run on part time. The two house senate and representative should be merged.

All the numerous federal ministry should be pruned down.

Nigeria should accommodate the eastern region and identify with their technological input to the Nigeria economy.

Nigeria must encourage the free flow of international money into Nigeria even if this funds are from questionable source.

The Buhari government must learn the simple truth that dirty money from yahoo boys is of significant value in building the economy.

The government should learn the acts of encouraging wealth creation in Nigeria.

The area that is bringing wealth like the Niger delta region the Buhari government refuse to invest there such as the seaport, epz project, etc

Innoson and other companies in eastern region the Buhari government is not even showing government goodwill and support.

3 Likes 2 Shares

Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by Samade7: 7:25am On Dec 29, 2019
itsme01:
cool



nonsense talk oga pay back the 16 billion dollars you stole..

Is it not stupidity that makes Africans join IMF, World Bank, Paris club and demonstrate our commitment yet we are afraid to take single digit loans to fund critical infrastructures like US does?

If FG builts a mega power plant that can generate 3000 mega watt of power in each region through loan and borrowing and get steel complex like Ajaokuta working Nigeria would become super developed in less than 5 years and money we generate from power would pay back the loans and give us extra income

.






Why can't we use our own money instead of borrowing?......man go n check the useless 2020 budget n see what dey allocated for rubbishes, u will understand. All the money the NCS claims she generated after closing border, where is the money? Some cash was taken from Ikoyi building sometimes ago, where is d money? What about dat of FIRS? So what are we now saying? The country will continue to go backward cos of pple like u dat support corruption. Go n see dat small Rwanda now.....Ghana was far behind us in d 90s until dey took action.

1 Like 1 Share

Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by barrydee(m): 7:25am On Dec 29, 2019
And Tinubu is not even talking.
I really think OBJ is underrated by his folks meanwhile he is obviously smarter than the so-called jagaban who has been thrashed by the Fulani carbal in Aso-Rock *in Remi Tinubu's voice*

2 Likes 1 Share

Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by Nobody: 7:26am On Dec 29, 2019
itsme01:
cool



nonsense talk oga pay back the 16 billion dollars you stole..

Is it not stupidity that makes Africans join IMF, World Bank, Paris club and demonstrate our commitment yet we are afraid to take single digit loans to fund critical infrastructures like US does?

If FG builts a mega power plant that can generate 3000 mega watt of power in each region through loan and borrowing and get steel complex like Ajaokuta working Nigeria would become super developed in less than 5 years and money we generate from power would pay back the loans and give us extra income

.


I no know say you wise like this ooo
but e be like say you never borrow money from LAPO before no wonder

2 Likes

Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by Aboguede(m): 7:26am On Dec 29, 2019
luluosas:
https://www.nytimes.com/2006/04/22/world/22nigeria.html
But I thought OBJ paid off Nigeria's debt before leaving office in 2007.



Yes he did. I think during yaradua


And even Goodluck manage to keep it to its minimum which buhari met only 10b in dept but the lifeless just send it to 80b. Now show me the investment of 70b$

Frk vegitable embarassed
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by loswhite(m): 7:26am On Dec 29, 2019
yarimo:
After you have bankrupts it abi? undecided nonsense embarassed
zombie
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by itsme01: 7:29am On Dec 29, 2019
Fabulouzjoseph:

I no know say you wise like this ooo
but e be like say you never borrow money from LAPO before no wonder


grin

calm down oga, na gbomulelantan we dey call am here... no borrow LAPO for owanbe party only borrow it for business and you are safe
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by Truthbites: 7:29am On Dec 29, 2019
Ekiti thunder for any Zombie when nor condemn Buhari on borrowing
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by DexterousOne(m): 7:31am On Dec 29, 2019
spy24:
If not for ethnicity and religious bias people like buhari would not even contest primary election but what do I know
Nigeria is the reverse of every thing on this globe

True

1 Like

Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by loswhite(m): 7:31am On Dec 29, 2019
itsme01:
cool



nonsense talk oga pay back the 16 billion dollars you stole..

Is it not stupidity that makes Africans join IMF, World Bank, Paris club and demonstrate our commitment yet we are afraid to take single digit loans to fund critical infrastructures like US does?

If FG builts a mega power plant that can generate 3000 mega watt of power in each region through loan and borrowing and get steel complex like Ajaokuta working Nigeria would become super developed in less than 5 years and money we generate from power would pay back the loans and give us extra income

.

The problem is borrowing the money and yet we cannot see the benefits.
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by aspiring44: 7:31am On Dec 29, 2019
aolawale025:
Sadly NASS approved the $30b request

And the speaker could openly come out to say is good that they are rubber stamp legislators , that they are not there to fight the executive.

Posterity will judge him from that statement.
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by AkunaAtakasi: 7:33am On Dec 29, 2019
[s]
itsme01:



grin

calm down oga, na gbomulelantan we dey call am here... no borrow LAPO for owanbe party only borrow it for business and you are safe
[/s]
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by AkunaAtakasi: 7:33am On Dec 29, 2019
[s]
itsme01:


if borrowing would give southwest more infrastructure, buhari should please help us borrow we have capacity to pay back through creative jobless graduates that would get working...

tufiakwa for Ndi Marginalisation and enemies of development
[/s]
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by AkunaAtakasi: 7:33am On Dec 29, 2019
[s]
itsme01:


mumu reply!!
[/s]
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by adecz: 7:34am On Dec 29, 2019
Why won't Nigeria go bankrupt, when
Bubu has filled all strategic positions with
inexperienced Fulani/ Hausa robots who know
little about global/ regional economic
dynamics.

See what the border closure alone is
doing to our economy, yet some hailers
& Fulani think about it, only on rice terms..

We never see anything.
sad sad sad
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by itsme01: 7:36am On Dec 29, 2019
Samade7:






Why can't we use our own money instead of borrowing?......man go n check the useless 2020 budget n see what dey allocated for rubbishes, u will understand. All the money the NCS claims she generated after closing border, where is the money? Some cash was taken from Ikoyi building sometimes ago, where is d money? What about dat of FIRS? So what are we now saying? The country will continue to go backward cos of pple like u dat support corruption. Go n see dat small Rwanda now.....Ghana was far behind us in d 90s until dey took action.


infrastructure cos huge money running into billions of dollars eg Kano Lagos standard guage rail at 5 billion USD or 18 trillion Naira, all this ikoyi petty cash and FIRS money cant deliver the project as the money comes in stream by stream which can cause project abandonment

Now that you mentioned Ghana and Rwanda try and google their debt to gdp ratio and their national debt, and how their fancy airports and rails are funded
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by airminem(f): 7:36am On Dec 29, 2019
We are good to go borrowing for now. But the future will tell
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by AkunaAtakasi: 7:37am On Dec 29, 2019
[s]
itsme01:



infrastructure cos huge money running into billions of dollars eg Kano Lagos standard guage rail at 5 billion USD or 18 trillion Naira, all this ikoyi petty cash and FIRS money cant deliver the project as the money comes in stream by stream which can cause project abandonment

Now that you mentioned Ghana and Rwanda try and google their debt to gdp ratio and their national debt, and how their fancy airports and rails are funded
[/s]
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by themanderon: 7:37am On Dec 29, 2019
who will pay back the debt? Off cause its the long suffering and docile people of this utterly useless nation.
Soon they will come up with several outrageous taxes and levies. We might soon be asked to pay for the air we breath and the ground we walk on. Rogues.
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by Nobody: 7:38am On Dec 29, 2019
yarimo:
After you have bankrupts it abi? undecided nonsense embarassed

Do you guys think this style is working? We have all been here. Lies or attempts to obscure the narrative won't work. You people are in power. You are committed to misrule, impoverish, divide and bankrupt the country, bloodshed and insecurity as regular trademarks.
Don't insult us by thinking your lies can influence us to believe otherwise. Do today. Tomorrow may not be yours.
May God deliver Nigeria from saboteurs in the corridors of power.

1 Like

Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by itsme01: 7:38am On Dec 29, 2019
loswhite:
The problem is borrowing the money and yet we cannot see the benefits.

well atleast i can visibly see Abuja airport new terminal, i can see that of portharcout and i saw the one in lagos nearing completion.. again i have used my eyes to see the new standard guage rail in lagos- to ibadan and that of abuja - kaduna
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by Aboguede(m): 7:40am On Dec 29, 2019
I am presently in europe for more than 3 yrs now and this is my second international travel.

Your problem is that you lack international awareness and this in turn make you uneducated.

Just shut up pls




itsme01:


if borrowing would give southwest more infrastructure, buhari should please help us borrow we have capacity to pay back through creative jobless graduates that would get working...

tufiakwa for Ndi Marginalisation and enemies of development

1 Like

Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by tiredoflife(m): 7:41am On Dec 29, 2019
AstralBody:
As a lover of a separate State (Biafra),we pray that Nigeria becomes obsolete n the rest of them idiots shouting one Nigeria,can go n meet d north so that they can keep fuccking!
Stupid country!

The bad thing is
Even if Nigeria breaks
The debts will be shared by the new countries

1 Like

Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by itsme01: 7:41am On Dec 29, 2019
Aboguede:
I am presently in europe for more than 3 yrs now and this is my second international travel.

Your problem is that you lack international awareness and this in turn make you uneducated.

Just shut up pls





i am on my second passport and i have lived in europe and Middle east, so dont tell me nonsense if you want i can show you some of my trips through instagram so stop talking bullshit
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by InvertedHammer: 7:42am On Dec 29, 2019
/
Venezuela will be a joke grin

Their huge oil reserve couldn't save them neither will it save Nigeria.

This rain must fall on everyone.

\

1 Like

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