Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,149,966 members, 7,806,800 topics. Date: Wednesday, 24 April 2024 at 12:48 AM

Obasanjo Gets Nigeria’s Debt Figures Wrong - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Obasanjo Gets Nigeria’s Debt Figures Wrong (26677 Views)

Govt Borrowings Unproductive — Peter Obi Rakes Over Nigeria’s Debt Profile / Nigeria’s Debt Profile Among Lowest In The World — Osinbajo / FACT-CHECK: How Accurate Is Osinbajo’s Claim On Nigeria’s Debt Profile (2) (3) (4)

(1) (2) (3) (4) (5) (6) (Reply) (Go Down)

Re: Obasanjo Gets Nigeria’s Debt Figures Wrong by rusher14: 5:53am On Dec 30, 2019
weyreypey:


Was OBJ talking about June? Don't be useless.

What date was he talking about?
Re: Obasanjo Gets Nigeria’s Debt Figures Wrong by Sirjamo: 6:07am On Dec 30, 2019
We are going to take that $30b loan to tackle our infrastructural deficit that Obasanjo and his Clueless house boy refused to tackle for 16 years, if anyone is not happy about it, he or she can relocate to Congo!!!!

2 Likes

Re: Obasanjo Gets Nigeria’s Debt Figures Wrong by cardoso222: 6:09am On Dec 30, 2019
Must this government continue to increase our debt profile!!!
Re: Obasanjo Gets Nigeria’s Debt Figures Wrong by Nobody: 6:11am On Dec 30, 2019
Obj went through hell and high water to wipe out our debt; now you've brought in all these maigworos to ruin the whole thing again.

1 Like

Re: Obasanjo Gets Nigeria’s Debt Figures Wrong by GlenChestnut: 6:12am On Dec 30, 2019
Guys, we don't need to fight here at all. Every fact is on the website of DMO. In december 2014, our debt was 9.7billion USD. As at June 30 2019, we are already at 27.1billion USD. Have we made progress or not? Before you insult anyone, get your facts. Whether Baba miss figures or not, our debt increased drastically under this regime. We borrow for a living and it's painful when all these guys (PDP/APC) squander these borrowed monies on frivolities. It only reminds me of that book; "There was a Country" It is time unite against the common foe-"politicians".

8 Likes

Re: Obasanjo Gets Nigeria’s Debt Figures Wrong by ViykeNairaland: 6:15am On Dec 30, 2019
amc:


You obviously had a very poor education. Obasanjo said our external debt in 2015 was $10.32bn, and it is now $81.2bn. So you can't see what is wrong with this statement?
...tell me why you would not be called zombi? Inspite of the $70 something clearly acknowledged by dmo. Add the one dem one borrow...na how much.

2 Likes

Re: Obasanjo Gets Nigeria’s Debt Figures Wrong by LEBEfirstson: 6:16am On Dec 30, 2019
No be Nigeria we dey again? ONLY ONE PERSON CAN CLEAR THE DEBT IN THIS COUNTRY
Re: Obasanjo Gets Nigeria’s Debt Figures Wrong by Laple0541(m): 6:21am On Dec 30, 2019
Wiseandtrue:

If you are wise enough, you will realize that OBJ is not only fighting for you but your children and unborn generation

If you don't have anything genuine to say on this matter, please don't!!!

Let's put politics aside!

As if OBJ was not part of the problem the country is facing currently, Nigeria is 59yrs old and the major problem it has is leadership problem, OBJ ruled the country for 11yrs which mathematically translates to 19% of the country's problem.
Re: Obasanjo Gets Nigeria’s Debt Figures Wrong by Tulsaguy: 6:21am On Dec 30, 2019
helinues:


This article was about correcting OBJ false statements and you are still repeating the same

At least if you didn't read the article, did you also miss the headlines?

You people sha like to dey argue blindly..

Na war oo



Mr. mugu, OBJ is raising alarm that your unborn generation might continue to pay for money embezzled by GEJ, GMB, and their cabals.

They said u be thief, u say na only goat u carry... dindinrin.

1 Like

Re: Obasanjo Gets Nigeria’s Debt Figures Wrong by adecz: 6:23am On Dec 30, 2019
sad sad

This na semantics jor!

Basically, he got the total debt
position right, but made some error
in the creditors.

At the end, Nigeria is still owing
the amount Obasanjo quoted.


To my mind, this is a nitpicking
yeye post.

5 Likes

Re: Obasanjo Gets Nigeria’s Debt Figures Wrong by Auxtin85(m): 6:24am On Dec 30, 2019
Sirjamo:
We are going to take that $30b loan to tackle our infrastructural deficit that Obasanjo and his Clueless house boy refused to tackle for 16 years, if anyone is not happy about it, he or she can relocate to Congo!!!!

Your eyes go neat when you and your family will become a 3rd class citizen in Togo

2 Likes

Re: Obasanjo Gets Nigeria’s Debt Figures Wrong by Auxtin85(m): 6:27am On Dec 30, 2019
amc:


Obasanjo got the figures wrong. Our external debt today is no where near the $81.2bn that he quoted. It is around $22bn. I actually suspect he knows the truth but he is playing to the gallery for those dummies who can't read nor reason.

I think we should go to sleep till our external debt is $81.2bn.

3 Likes

Re: Obasanjo Gets Nigeria’s Debt Figures Wrong by 9jaBloke: 6:30am On Dec 30, 2019
Source: DMO

Re: Obasanjo Gets Nigeria’s Debt Figures Wrong by gare(f): 6:31am On Dec 30, 2019
amc:

https://www.pmnewsnigeria.com/2019/12/27/obasanjo-gets-nigerias-external-debt-figures-wrong/

Be it external or local both debts are over $81 Billion so what is the issue? We should ask what the difference in debt has be used for not asking stupid questions or making baseless references.

3 Likes

Re: Obasanjo Gets Nigeria’s Debt Figures Wrong by Louisananda7(m): 6:32am On Dec 30, 2019
When is this man going to die?
Re: Obasanjo Gets Nigeria’s Debt Figures Wrong by NLSOFT: 6:34am On Dec 30, 2019
ok
Re: Obasanjo Gets Nigeria’s Debt Figures Wrong by Keemsleek005(m): 6:36am On Dec 30, 2019
Wiseandtrue:

Who is talking about the gibberish OP wrote

I will not allow you to derail OBJ's message!

May be you were not born when he cancel the debt which was widely celebrated in this country unlike the Nigerian Air which vanished into the thin air which none of you is talking or writing about!

Wake up guy before it's too late for you! Zombie wey no quick locate him brain dey suffer last last

Ask Sowore and Adeyanju, them go tutor you.

Have a nice day

As much as I won't say much yes obj cancelled the debt but he also gave out false information just to cause panic, more over obasanjo is as selfish as another politician and he's still one of the people that messes these country up, also point of correction Nigeria airway died many years ago as nothing to do with these administration. Saying the truth is great but lieing in other to pass a message is shameful.happy New year
Re: Obasanjo Gets Nigeria’s Debt Figures Wrong by EmmaOgbu(m): 6:41am On Dec 30, 2019
Staro:
These Buhari's zombies are laughable, I swear!

While Obasanjo is quoting current debt figures the zombies
are referring us to June 2019

Why is every supporter of Buhari as dumb as the man himself?

.
No mind them, he forgot the recent one that the rubber stamp senate president approved.
We are owning that amount and they want to spend 37billion to renovate a complex instead of building even if its a toothpicks factory.

2 Likes

Re: Obasanjo Gets Nigeria’s Debt Figures Wrong by Nobody: 6:47am On Dec 30, 2019
rusher14:
The simple question is why was PDP silent when they accrued a 63 Billion dollar debt?

when

1 Like

Re: Obasanjo Gets Nigeria’s Debt Figures Wrong by Universe8888(m): 6:47am On Dec 30, 2019
Dis witch never still die?



Check my signature.... (thank me later)
Re: Obasanjo Gets Nigeria’s Debt Figures Wrong by Nobody: 6:49am On Dec 30, 2019
Sirjamo:
We are going to take that $30b loan to tackle our infrastructural deficit that Obasanjo and his Clueless house boy refused to tackle for 16 years, if anyone is not happy about it, he or she can relocate to Congo!!!!

30 billion of inflated contracts??

It is well.

1 Like

Re: Obasanjo Gets Nigeria’s Debt Figures Wrong by brexit: 6:49am On Dec 30, 2019
Why should we be listening to this man who did think able and unthinkable things in the name of politics, Wole Soyinka once challenged him that he gave out oil Wells for ordinary sex, he demolished all the toll gates and other unimaginable thinks, it is high time we ignored him.
Re: Obasanjo Gets Nigeria’s Debt Figures Wrong by weslineo: 6:52am On Dec 30, 2019
post=85314403:
Gathering of criminals and fools.

OBJ, where is the power after 16 BILLION DOLLARS of looted funds.

Criminals supported by broke losers.
Bastards.

This is just an allegation.why did your. Bihari not probe him as alleged.so stop using it as a fact please

2 Likes

Re: Obasanjo Gets Nigeria’s Debt Figures Wrong by Brunicekid(m): 6:53am On Dec 30, 2019
This is CRAZINESS in its original form. Obasanjo said $24.497 billion, while debt management office says $27.1 billion. That's even an increase, and they are even proud to come and say it? CRAZINESS!!! On seeing the news... I even thought the figure was way lesser than that.

2 Likes 1 Share

Re: Obasanjo Gets Nigeria’s Debt Figures Wrong by Openbusiness: 6:55am On Dec 30, 2019
is $56.7b + $27.2b not almost same with the figures Obasanjoh gave And Buhari wants to borrow another $30b

3 Likes 1 Share

Re: Obasanjo Gets Nigeria’s Debt Figures Wrong by naijapips04: 6:56am On Dec 30, 2019
helinues:


This article was about correcting OBJ false statements and you are still repeating the same

At least if you didn't read the article, did you also miss the headlines?

You people sha like to dey argue blindly..

Na war oo



Except the didn't say any of those. https://www.nairaland.com/5605095/re-obasanjo-gets-external-debt
Re: Obasanjo Gets Nigeria’s Debt Figures Wrong by sevenhundred(m): 7:01am On Dec 30, 2019
amc:

https://www.pmnewsnigeria.com/2019/12/27/obasanjo-gets-nigerias-external-debt-figures-wrong/
.....and that is why he quote Winston Churchill "there is lies, damn lies and statistics" Nigeria DMO may be hidden something !!!
Re: Obasanjo Gets Nigeria’s Debt Figures Wrong by maridrug(m): 7:02am On Dec 30, 2019
amc:


Your problem is poor education and ignorance .

There is a big difference between external debts and our total debt profile which consists of both external and local debts for the FG, States and the FCT.

What is the impact of the debt accrued both externally and domestically.?
Nothing is working ☹️�.
We need a revolution to make this Nigeria meaningful.

2 Likes

Re: Obasanjo Gets Nigeria’s Debt Figures Wrong by Topmaike007(m): 7:07am On Dec 30, 2019
Debt na debt abeg
Re: Obasanjo Gets Nigeria’s Debt Figures Wrong by daddytime(m): 7:09am On Dec 30, 2019
What's the difference here between what OBJ had said, it's pure semantics in my opinion.

Whether external o, or internal o, gbese na gbese. The sum total of both internal and external as quoted by the DMO office is in the range of OBJ's quoted figure or more.

Them no dey service or pay back the internal debt?

Nonsense

3 Likes

(1) (2) (3) (4) (5) (6) (Reply)

FG Stops Grants For Youths, Alleges Misappropriation / Amaechi, Obasanjo, Peterside At A Conference In Lagos. Photos / Prince Iyiola Omisore Visits Ooni Of Ife (Photos)

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 47
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.