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Nairaland Forum / Nairaland / General / Politics / Nigeria On The Edge Of Bankruptcy - Punch (22939 Views)
Debts: Borrowing Will Land Nigeria Into State Of Bankruptcy ā Pastor Adeboye / 2020 Budget Is A Budget Of Bankruptcy ā Odilim Enwegbara, Economist / Nigeria On The Verge Of Bankruptcy - Emir Sanusi (2) (3) (4)
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Re: Nigeria On The Edge Of Bankruptcy - Punch by NkemChukwudi: 10:43am On Aug 17, 2020 |
techmo: IPOB |
Re: Nigeria On The Edge Of Bankruptcy - Punch by Angelfrost(m): 10:46am On Aug 17, 2020 |
kolaaderin: You know nothing... Go ask Venezuela and Lebanon how far. You think your fellow countrymen are truly living??! You call majority of citizens living below a Dollar a day living??!... 2 Likes |
Re: Nigeria On The Edge Of Bankruptcy - Punch by slowice(m): 10:47am On Aug 17, 2020 |
Fantasticcc: And they are ready to vote in another disaster come 2023....tribalism will finally bring this country to its knees |
Re: Nigeria On The Edge Of Bankruptcy - Punch by Sandra4luv: 10:47am On Aug 17, 2020 |
We thought Goodluck Ebele Jonathan government is the worst not knowing buhari is going to be the worst and useless government Iām sorry for saying this 1 Like |
Re: Nigeria On The Edge Of Bankruptcy - Punch by FA13(m): 10:48am On Aug 17, 2020 |
1.57 trillion for debt servicing not debt repay ooo. Just look at that. Why won't Chinese be willing to borrow us money to their last mite. They did not benefit during the slavery period but this opportunity, they will never let it slide. |
Re: Nigeria On The Edge Of Bankruptcy - Punch by vRendoh(m): 10:48am On Aug 17, 2020 |
Fantasticcc: So drafted Fantasticccaly |
Re: Nigeria On The Edge Of Bankruptcy - Punch by ensamy(m): 10:55am On Aug 17, 2020 |
hmohammed:Ok I have heard but don't forget to take your drugs today. 1 Like |
Re: Nigeria On The Edge Of Bankruptcy - Punch by Benwallt(m): 10:57am On Aug 17, 2020 |
Trueteller0147:before the present government, what was the hope of the future kids? Please, let's be objective in our criticism. The whole world is plagued with hydraheaded problems and that of Nigeria was compounded with terrible leaders in the past whose sole aim was to loot n do nothing. |
Re: Nigeria On The Edge Of Bankruptcy - Punch by Benwallt(m): 11:01am On Aug 17, 2020 |
tramzy7:was it buhari that is killing people in southern Kaduna? Don't we have police, Army, airforce and other paramilitary bodies? Is it buhari that will wear khaki and carry guns? |
Re: Nigeria On The Edge Of Bankruptcy - Punch by Angelfrost(m): 11:03am On Aug 17, 2020 |
EVILFOREST: Na so.... Let's keep living off dead men's stolen treasures!!! The future is indeed bright!!! |
Re: Nigeria On The Edge Of Bankruptcy - Punch by Blackking98(m): 11:05am On Aug 17, 2020 |
Ceegar01:Still blaming Jonathan You'll soon say he's the reason your wife can't give birth 1 Like |
Re: Nigeria On The Edge Of Bankruptcy - Punch by Angelfrost(m): 11:05am On Aug 17, 2020 |
FA13: The nation has long been offered up for re-colonization!!! No nation has ever been this ripe for the taking!!! Later, people will blame colonial masters and foreigners for the woes of Africa... Just look at a great continent reduced to the cesspit by her very own people!!! Shame!!! 3 Likes |
Re: Nigeria On The Edge Of Bankruptcy - Punch by Nobody: 11:07am On Aug 17, 2020 |
Its Gbese when you are unable to meet repayments or not being able to live on what is left. That is why borrowing for mindless consumption even in those societies is a very bad idea. Usually, bootstrapping is way better. Only people who have any reason to borrow are people that have a solid business idea or a lean government that shows that embarking on a particular project will elevate the status of the state or citizens with a financial gain. Usually, government projects are better conceived as PPP. The issue with Nigeria is that that will make it impossible to execute as their will no money to loot and no kickbacks. The projects are either monetized via tolls if possible or levy a specific tax over years to cover the capital expenditure and ongoing maintenance. techmo: 2 Likes |
Re: Nigeria On The Edge Of Bankruptcy - Punch by popesco123: 11:12am On Aug 17, 2020 |
[quote author=nairalandankrah post=92904116]Anarchy looms.... https://punchng.com/nigeria-is-on-the-edge-of-bankruptcy/ [/quotee E never start, let's keeping arguing and cajoling ourselves on PDP APC recycled outdated politicians here. It is our greatest achievement as intellectual youths. 3 Likes |
Re: Nigeria On The Edge Of Bankruptcy - Punch by Sandor2: 11:14am On Aug 17, 2020 |
DominusPrime: Still scam . I can sense it. Just changing format. Buyer be vigilant |
Re: Nigeria On The Edge Of Bankruptcy - Punch by MikkieEl: 11:17am On Aug 17, 2020 |
Ceegar01:The thief their that is on going in this present govt has not been heard before in any part of the world. These are such mcedopikin calls " Oga patapata of them all". And why do you think the media is being technically gagged and every dissenting voices silenced or eliminated if the need be? 1 Like |
Re: Nigeria On The Edge Of Bankruptcy - Punch by Wittysmith(m): 11:19am On Aug 17, 2020 |
If Nigeria were a business entity, the managers of the business would be sacked and replaced with competent hands. If Nigeria were a team in the England Championship( Not Premiership), we would have been relegated to League One. Everything rises and falls on Leadership. 1 Like |
Re: Nigeria On The Edge Of Bankruptcy - Punch by Roofingpro(m): 11:28am On Aug 17, 2020 |
How come ? After borrowing up and down |
Re: Nigeria On The Edge Of Bankruptcy - Punch by SeriouslySense(m): 11:40am On Aug 17, 2020 |
What are the reasons, why Nigeria, could never go backrupt haryorbarmie83: |
Re: Nigeria On The Edge Of Bankruptcy - Punch by EASYLIFE4US: 11:57am On Aug 17, 2020 |
We need to secure the future now |
Re: Nigeria On The Edge Of Bankruptcy - Punch by Anonymousdre: 11:59am On Aug 17, 2020 |
We collected loans to build projects in the North and Nigeria didnt go bankrupt, now we have to take loans and do projects in the south everybody is now scared of Nigeria going bankrupt.. and people from the South are happily supporting this nonsense. 1 Like |
Re: Nigeria On The Edge Of Bankruptcy - Punch by Nobody: 12:00pm On Aug 17, 2020 |
Borrow. Keep borrowing. That's the mantra of this government. Nigeria is broke but some people are optimistic that the China loans + interests will be paid in due time. |
Re: Nigeria On The Edge Of Bankruptcy - Punch by youngdabold19: 12:01pm On Aug 17, 2020 |
EVILFOREST: As in eeh,maybe Yakubu Gowon and OBJ's alert will follow suit |
Re: Nigeria On The Edge Of Bankruptcy - Punch by nams77: 12:11pm On Aug 17, 2020 |
techmo:U seem not to get it. Taking a loan is not the problem. It will not be used for the purpose it was taken. It will be looted. There are ways to raise fund for this country. Close all the loophole s, cut down extravagant expenses and recover looted fund. 1 Like |
Re: Nigeria On The Edge Of Bankruptcy - Punch by Nobody: 12:19pm On Aug 17, 2020 |
Sandor2: Nigerians!!! I have said it clearly. I'm not collecting a dime. Just see it and if you feel it's a scam then walk away. If it's the one that says bring money you will still fall for it. Even if truly it is a scam is it not best to look at it to even have an idea if it's a new one? This is how you guys will bad mouth everything until you fall for the real scam upon all your so-called smartness. |
Re: Nigeria On The Edge Of Bankruptcy - Punch by Nobody: 12:19pm On Aug 17, 2020 |
billgabb:Reach me on WhatsApp. |
Re: Nigeria On The Edge Of Bankruptcy - Punch by Eddygre8(m): 12:52pm On Aug 17, 2020 |
All thanks to Ogas @ the top |
Re: Nigeria On The Edge Of Bankruptcy - Punch by ArcFresky(m): 1:07pm On Aug 17, 2020 |
kolaaderin: Chaiii... Ignorance. It's yet to collapse because we still see people borrowing us money. |
Re: Nigeria On The Edge Of Bankruptcy - Punch by AlwaysMotun: 1:23pm On Aug 17, 2020 |
Nigeria my country... Things go better! |
Re: Nigeria On The Edge Of Bankruptcy - Punch by AFONJAPIG(m): 1:38pm On Aug 17, 2020 |
The next thing buhari will do, he will pass it into law that everyone must forfeit 60% of all the money you have in your bank account , then he will use it to finance unseen national projects... Welcome to looting government |
Re: Nigeria On The Edge Of Bankruptcy - Punch by uchelouis45(m): 2:09pm On Aug 17, 2020 |
richiemcgold:Absolute Truth. |
Re: Nigeria On The Edge Of Bankruptcy - Punch by ArcSEMPECJ(m): 2:18pm On Aug 17, 2020 |
Openbusiness: OK you are pardoned like Grand dollar and Oji Door |
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