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Nigeria’s Debt Profile Hits N28.63tn - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Nigeria’s Debt Profile Hits N28.63tn (18847 Views)

Nigeria’s Debt Profile Hits N41.60 Trillion, Says DMO / Debt Profile Of The 36 States As At December 2018 (Pictured) / Ekiti Debt Profile Hits N120bn As Fayose Bows Out (2) (3) (4)

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Re: Nigeria’s Debt Profile Hits N28.63tn by youtryo: 6:09pm On Jul 03, 2020
blood of God
Re: Nigeria’s Debt Profile Hits N28.63tn by XXLMANDIGO: 6:09pm On Jul 03, 2020
And Buhari won't stop amassing more debt. We are in trouble in this country...
Re: Nigeria’s Debt Profile Hits N28.63tn by oluseyiforjesus(m): 6:09pm On Jul 03, 2020
Ok
Re: Nigeria’s Debt Profile Hits N28.63tn by Anny505(m): 6:10pm On Jul 03, 2020
Let dem just sell this country and pay the debt
Re: Nigeria’s Debt Profile Hits N28.63tn by hollywater: 6:10pm On Jul 03, 2020
Count me out.
Re: Nigeria’s Debt Profile Hits N28.63tn by Kemight15: 6:12pm On Jul 03, 2020
Na we citizens go pay the debt
That one na sure

embarassed
Re: Nigeria’s Debt Profile Hits N28.63tn by jrusky(m): 6:13pm On Jul 03, 2020
It will hit is understatement it will *blast* N200Trillion by this time Next year by God grace.

Buhari is working. Lets enjoy it while it last.
Re: Nigeria’s Debt Profile Hits N28.63tn by opius: 6:13pm On Jul 03, 2020
Buhariiii !

Re: Nigeria’s Debt Profile Hits N28.63tn by mamaafrik(m): 6:14pm On Jul 03, 2020
Hmmmm,i can smell fire
Re: Nigeria’s Debt Profile Hits N28.63tn by Angelawhite(m): 6:14pm On Jul 03, 2020
Useless and hopeless nation undecided
Re: Nigeria’s Debt Profile Hits N28.63tn by Nobody: 6:16pm On Jul 03, 2020
Racoon:


https://punchng.com/nigerias-debt-profile-hits-n28-63tn/?amp=1
It will get paid my our future generational children, so huge money debtness of the nation.. Good help Nigeria..
Re: Nigeria’s Debt Profile Hits N28.63tn by sleezy106(m): 6:17pm On Jul 03, 2020
Continue...
Re: Nigeria’s Debt Profile Hits N28.63tn by ademide0710: 6:18pm On Jul 03, 2020
That's una problem. if you like sell the country off, it's none of my business. I'm not getting any benefit for as being a citizen. Doing business in this stupid country isn't easy. The only reason have being I'm alive is because God's grace always speaks for me!
Re: Nigeria’s Debt Profile Hits N28.63tn by sonnie10: 6:19pm On Jul 03, 2020
I am not an economist but I know that debit means you owe. And when you owe, you must pay with interest.

Now this is where its alarming: if the interest you pay is more that your total income. So you work just to service your loan.

It gets to a point where you can no longer be productive because you can't keep up due to exhaustion (in this case depilated infrastructures).

Then, the obvious would happen. Your debtors would now take over and subject you to all sorts.
Re: Nigeria’s Debt Profile Hits N28.63tn by akilo1: 6:19pm On Jul 03, 2020
Sai sai baba,borrow more until nigerians get sense
Re: Nigeria’s Debt Profile Hits N28.63tn by Andibot(m): 6:21pm On Jul 03, 2020
Covid-19 has helped boost it. Another excuse from the government.


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Re: Nigeria’s Debt Profile Hits N28.63tn by teemac01(m): 6:21pm On Jul 03, 2020
MORE THAN 50 BILLIONS DOLLARS...THAT A COUNTRY IS OWEING OUTSIDE...I DON LAUGH TAYA
Re: Nigeria’s Debt Profile Hits N28.63tn by BigTableShaker(f): 6:22pm On Jul 03, 2020
Make dem kukuma sell the country
Re: Nigeria’s Debt Profile Hits N28.63tn by mariatt(f): 6:23pm On Jul 03, 2020
Seriously!
Re: Nigeria’s Debt Profile Hits N28.63tn by galaxy2020(m): 6:25pm On Jul 03, 2020
When you have a President Buhari heading a government, this kind of news is inevitable.

1 Like

Re: Nigeria’s Debt Profile Hits N28.63tn by OriOko88(m): 6:25pm On Jul 03, 2020
Interesting. We are not even seeing the effects of d debt on our economy and infrastructural development. That's a whopping 100billion dollars. So what happens to the money incurred by the debt. Fvck shiit. No major changes in education, health, infrastructures, social security, and even security. Countries like US are securing loans to build world class roads and metro lines, including improving d education sector. It took Britain just two years to build a metro line from London to Paris through Belgium. But its taking Nigeria almost a decade to lay a 20th century rail tracks that's less than a 1000km. Half of those debts are now in foreign acts of buhari kitchen cabinet. Dem don share am finish. The masses are in for a long ride.

2 Likes

Re: Nigeria’s Debt Profile Hits N28.63tn by faithfull18(f): 6:28pm On Jul 03, 2020
Debt accrued from money collected to service politicians.

1 Like

Re: Nigeria’s Debt Profile Hits N28.63tn by Ijawwomaninoyo: 6:29pm On Jul 03, 2020
E no plenty sef!

Re: Nigeria’s Debt Profile Hits N28.63tn by pointstores(m): 6:30pm On Jul 03, 2020
Nawa
Re: Nigeria’s Debt Profile Hits N28.63tn by temptnow: 6:31pm On Jul 03, 2020
Buhari don kill Nigeria finish.
Re: Nigeria’s Debt Profile Hits N28.63tn by Artiiclebeast: 6:34pm On Jul 03, 2020
How we and our children wan take pay back all these money wey people wey don near their grave dey borrow to loot?

Which kind wahala be dis?


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Re: Nigeria’s Debt Profile Hits N28.63tn by Pinkybush: 6:35pm On Jul 03, 2020
Before Buhari and his looting gangsters vacate Aso Rock in 2023, the debts will reach N50trillion.

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Re: Nigeria’s Debt Profile Hits N28.63tn by Perra: 6:36pm On Jul 03, 2020
I can't wait for when we can't pay anymore, so that America will come and buy us! grin The American dream is happening small small. God has plans grin

1 Like 1 Share

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