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Buhari Begs IMF, World Bank To Cancel Nigeria’s Debts - Politics (4) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Buhari Begs IMF, World Bank To Cancel Nigeria’s Debts (41775 Views)

Buhari asks G20 to cancel Nigeria’s debt after fresh $4bn, €710m loan request / Endless Borrowing: Experts Worry, Okonjo-Iweala, Ahmed Differ On Nigeria’s Debts / Nigeria’s Debts: How Each Nigerian Owes ₦155,000 (2) (3) (4)

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Re: Buhari Begs IMF, World Bank To Cancel Nigeria’s Debts by Jabioro: 8:25pm On May 04, 2020
Absurdly on the seat of power..I no gree laugh ooo bad borrowers
Re: Buhari Begs IMF, World Bank To Cancel Nigeria’s Debts by Farki: 8:25pm On May 04, 2020
kayjay69:
So here is how I interpret this.

1) Stupid Nigerian Leaders borrow money from foreign imperial institutions to fund recurrent expenditure, most of which is stolen anyway which then ends up in foreign accounts,

2) Stupid Nigerian Leaders accumulate so much debt on the Nation's behalf and since they are more interested in politics, less interested in doing the real work which ofcourse will involve telling people the truth, fighting corruption, drastically reducing recurrent expenditure and balancing the budget,

3) So because Stupid Nigerian Leaders cannot do all listed in #2 despite promising during campaigns to do same, Stupid Nigerian Leaders then have no choice but to go beg for things such as face mask, ventilators and debt forgiveness in a pandemic such as this. Please keep in mind, we are still in the earliest timeline of the pandemic and they are already begging like the cowards that they are. Misrepresenting us both inside and outside the country and you wonder why we are being treated as degenerate slaves in countries such as india and china.

I weep for this country but most of all I weep for the black race.

Colonialism never ended, the perpetrators just changed skin colour.

1 Like

Re: Buhari Begs IMF, World Bank To Cancel Nigeria’s Debts by kemii5871: 8:27pm On May 04, 2020
Re: Buhari Begs IMF, World Bank To Cancel Nigeria’s Debts by Temptee101(m): 8:28pm On May 04, 2020
Idiot.

After looting the country's treasury dry with his 40 gang thieves, he is now begging for his sins to be forgiven.

That skeleton should be held responsible for failure to pay back these loans
Re: Buhari Begs IMF, World Bank To Cancel Nigeria’s Debts by Nobody: 8:28pm On May 04, 2020
OMG, this invariably means Buhari will have to sell us out one way or the other should IMF wants to indulge us.

The IMF is linked to other interest groups...
A deal will have to be made, most likely a secret one...something must change hands.

1 Like

Re: Buhari Begs IMF, World Bank To Cancel Nigeria’s Debts by Wendybrown(f): 8:29pm On May 04, 2020
mayklef:
See wat diz Ewu has reduced us 2....from been the "Giant of Africa" to "Almajiri Of Africa", Northerners and begging




hahahahahaha na another line wey other countries go use chuk us be this if we get beef. no be small almajiri of Africa
Re: Buhari Begs IMF, World Bank To Cancel Nigeria’s Debts by smatme(m): 8:29pm On May 04, 2020
FG wait fest.

What of the money Abacha just wired in.

E no go reach anywhere?
Re: Buhari Begs IMF, World Bank To Cancel Nigeria’s Debts by Yankee101: 8:29pm On May 04, 2020
oga, when you were borrowing up and down

Tha largest budget under Goodluck was 4T NGN.

Bulgari came and went to 7T then 10T. Compare the impact Jonathan and Yaradua made compared to Buhari. Alot of the loans were stolen. Abba Kyari died and went with some. Banks will NEVER call family members to tell them of money a deceased left behind
Re: Buhari Begs IMF, World Bank To Cancel Nigeria’s Debts by RTSC: 8:30pm On May 04, 2020
And his terrible supporters are ever ready to defend his endless borrowing with pseudo economics.

1 Like

Re: Buhari Begs IMF, World Bank To Cancel Nigeria’s Debts by Dshocker(m): 8:31pm On May 04, 2020
What the hell is wrong with this man
Re: Buhari Begs IMF, World Bank To Cancel Nigeria’s Debts by kingcalors(m): 8:31pm On May 04, 2020
Paperwhite:
The president is not serious.After accumulating staggering debts for Nigeria while downplaying the economic implications this will have on the nation, he is now begging IMF to forgive our debts.

For you information, the $3.4M the IMF recently gave Nigeria that the govt & supporters were alleging was not a loan have been been clarified to be a loan.IMF is not a charity organisation.
Are you sure of who this man is actually is? How can a whole president of a populous nation like Nigeria beg IMF? After lavishing and squandering money on irrelevant things he is now begging. Anyway, time will tell!
Re: Buhari Begs IMF, World Bank To Cancel Nigeria’s Debts by rationalhuman(m): 8:32pm On May 04, 2020
Always a victim? Typical Black mentality , no wonder we all in this continent are stuck in this situation.
We are the most unproductive and ignorant people of the world.
Remove Brits, Yankees, Indians, French, Chinese from this continent, Their know how, Their Products, Their Technical Leadership and we will be left with nothing but Gari, Fufu and Ugali and lets not to forget our Tribalism to sell or kill each other.
We will never learn and always find someone else to put blame for our Past, Present and Future miseries.
Not good brother not good

Farki:


Colonialism never ended, the perpetrators just changed skin colour.
Re: Buhari Begs IMF, World Bank To Cancel Nigeria’s Debts by Femeto: 8:32pm On May 04, 2020
This man you gave your citizens nothing.
Re: Buhari Begs IMF, World Bank To Cancel Nigeria’s Debts by DatAbujaBoy: 8:33pm On May 04, 2020
The same way I'm begging Quick Check to cancel my loan with them grin grin grin grin
Re: Buhari Begs IMF, World Bank To Cancel Nigeria’s Debts by Reference(m): 8:34pm On May 04, 2020
Loans that have no effect in subduing poverty because they end up with multinationals that have exclusive rights to our infrastructure development treasure chest. Where is the recovered Abacha loot going. To 3 companies that will surely kickback a portion, transfer another portion to their home nations and leave uswithoverpriced, low quality structures.

An economic blueprint consisting of loans, grants, recoveries that onpy make the average citizen poorer, less educated and in the case of covid 19, less healthy is useless. Our economic blueprint is just defective. It should rather center on education, inspiration and industrialization. Get these three and every other thing will be added to the wealth of Nigeria.
Re: Buhari Begs IMF, World Bank To Cancel Nigeria’s Debts by Farki: 8:34pm On May 04, 2020
rationalhuman:
Always a victim? Typical Black mentality , no wonder we all in this continent are stuck in this situation.
We are the most unproductive and ignorant people of the world.
Remove Brits, Yankees, Indians, French, Chinese from this continent, Their know how, Their Products, Their Technical Leadership and we will be left with nothing but Gari, Fufu and Ugali and lets not to forget our Tribalism to sell or kill each other.
We will never learn and always find someone else to put blame for our Past, Present and Future miseries.
Not good brother not good


I'm saying that African leaders have continued the colonialist legacy. What's the difference between a white man sending riches to Europe and an African politician doing the same?
Re: Buhari Begs IMF, World Bank To Cancel Nigeria’s Debts by Urchman200: 8:36pm On May 04, 2020
helinues:
shocked

Those debts, what have they done with the real money?

Nonsense
is like they have stopped sending u ur shurt up alert?
Re: Buhari Begs IMF, World Bank To Cancel Nigeria’s Debts by CodeTemplar: 8:41pm On May 04, 2020
What is this nonsense now oga Buhari? During campaign Nigeria was a rich country with bad leaders but now Nigeria is poor country that needs debt cancellation.

1 Like

Re: Buhari Begs IMF, World Bank To Cancel Nigeria’s Debts by helinues: 8:42pm On May 04, 2020
Urchman200:
is like they have stopped sending u ur shurt up alert?

You mean you have not also received alert?
Re: Buhari Begs IMF, World Bank To Cancel Nigeria’s Debts by zedegit: 8:43pm On May 04, 2020
dre11:


Source: https://www.dailytrust.com.ng/covid-19-buhari-begs-imf-world-bank-to-cancel-nigerias-debts.html

This man must be a JOKER!


It's just like buying goods on credit and asking your creditor to cancel your debts while still borrowing.


Is it how they marry wives in the north?
Re: Buhari Begs IMF, World Bank To Cancel Nigeria’s Debts by UltimateSpice: 8:44pm On May 04, 2020
It is not likely those guys will grant that wish.
All the same, there is no crime in trying.
Re: Buhari Begs IMF, World Bank To Cancel Nigeria’s Debts by Centcanada: 8:48pm On May 04, 2020
How are you sure the so called Buhari/ Jubril said this? This country na scam ooo. Na realm Yahoo Yahoo. Chi! Who do Nigeria this thing? Anyway, if I might forget, just go to Google, ask Google which country is Zoo and you will see a a voice response. No be joke ooo! Ask google two times and you will see whose voice will respond. Or if you wish to type that ypu do not want voice call, you will still see something amazing. Its trending! Try urs now. Both voice and typing. Nigeria has finish!
Re: Buhari Begs IMF, World Bank To Cancel Nigeria’s Debts by Danny50: 8:48pm On May 04, 2020
Ezennwa:
hmm!

What about all the monies you borrowed, what did you do with them.

what do i know.
He used it to feed and protec his cows also sent some to katsina
Re: Buhari Begs IMF, World Bank To Cancel Nigeria’s Debts by Centcanada: 8:49pm On May 04, 2020
How are you sure the so called Buhari/ Jubril said this? This country na scam ooo. Na real Yahoo Yahoo. Chi! Who do Nigeria this thing? Anyway, if I might forget, just go to Google, ask Google which country is Zoo and you will see a a voice response. No be joke ooo! Ask google two times and you will see whose voice will respond. Or if you wish to type that and you do not want voice call, you will still see something amazing. Its trending! Try urs now. Both voice and typing. Nigeria has finish!
Re: Buhari Begs IMF, World Bank To Cancel Nigeria’s Debts by mrkings84(m): 8:51pm On May 04, 2020
As if cbn will cancel all debts owed by Nigerians....
Re: Buhari Begs IMF, World Bank To Cancel Nigeria’s Debts by A305: 8:53pm On May 04, 2020
Smart idea. They did it for Greece. I just hope they do it for us.
Re: Buhari Begs IMF, World Bank To Cancel Nigeria’s Debts by Keemsleek005(m): 8:53pm On May 04, 2020
Stalwert:
grin grin mis-characterizing his statement as usual by the dishonest media


President Muhammadu Buhari has urged international financial institutions to assist member states in cushioning the negative impact of the pandemic in the spirit of solidarity.


To all the inbreeding underachieving morons, PMB moves on.


I read the article twice and i never saw were he begged. I dont know if people dont read before commenting, even Obj had to ask world bank and other banks to write off nigeria debt. Least the debt as been from the previous regime to his regime.

1 Like

Re: Buhari Begs IMF, World Bank To Cancel Nigeria’s Debts by Nobody: 8:54pm On May 04, 2020
You were disturbing American government to returned Abacha stolen money.Now that they have returned it you are begging them to cancel the ones you borrowed and mismanaged.Is that fair?

1 Like

Re: Buhari Begs IMF, World Bank To Cancel Nigeria’s Debts by Truthbites: 8:57pm On May 04, 2020
Beggarly begging beggar
Re: Buhari Begs IMF, World Bank To Cancel Nigeria’s Debts by Ajixegun: 8:57pm On May 04, 2020
Stalwert:
grin grin mis-characterizing his statement as usual by the dishonest media


President Muhammadu Buhari has urged international financial institutions to assist member states in cushioning the negative impact of the pandemic in the spirit of solidarity.


To all the inbreeding underachieving morons, PMB moves on.
How did you pass waec? Read the second paragraph and stop ass licking shamelessness.
Re: Buhari Begs IMF, World Bank To Cancel Nigeria’s Debts by APOSTLECHUMA: 8:59pm On May 04, 2020
Useless big for nothing Nigeria, begging like Burkina-faso.
Re: Buhari Begs IMF, World Bank To Cancel Nigeria’s Debts by kemii4778: 8:59pm On May 04, 2020
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