₦airaland Forum

Welcome, Guest: RegisterLoginWith GoogleTrendingRecentNew

Stats: 3,326,881 members, 8,428,478 topics. Date: Wednesday, 17 June 2026 at 01:14 PM

Toggle theme

Nigeria Was Not Completely Debt Free In 2007, As Claimed By Atiku Abubakar - Politics (3) - Nairaland

Nairaland ForumNairaland GeneralPoliticsNigeria Was Not Completely Debt Free In 2007, As Claimed By Atiku Abubakar (16244 Views)

1 2 3 4 5 6 Reply (Go Down)

Re: Nigeria Was Not Completely Debt Free In 2007, As Claimed By Atiku Abubakar by Blackmann001: 8:11am On Oct 04, 2020
dubaiprince:
Inasmuch as I don't support Atiku, as accountants, we were aware that the external debts was $3.6bn as at 2007 when Obj left. The amount was not seen as material given the size of Nigeria, ability to pay and the huge debt burden before then.
Bro its was cleared to zero...what u quoted was domestic debt.not external.. In a debt buy back ..u try to get d best deal cuz naija really sacrifice, doling out 12billion at a go!
Re: Nigeria Was Not Completely Debt Free In 2007, As Claimed By Atiku Abubakar by helinues: 8:12am On Oct 04, 2020
frankyychiji:
E pain am! grin

You dey yab this early morning without first putting yourself in order.

Elesetinrin!
Whenever you have data or time to browse on NL, you must drop your hateful comments as usual.

This moniker no kuku dey relevant and it can never be.

Iyan.miri elese isu abeyinto
Re: Nigeria Was Not Completely Debt Free In 2007, As Claimed By Atiku Abubakar by Blackmann001: 8:12am On Oct 04, 2020
solmus:
What prosperity are you talking about in the era of Nigeria jaga jaga everything scatter scatter?!

Was there light, wasn't there fuel scarcity that made us que for days in fueling stations, didn't we have riots, crisis and armed robbers, were many not dying daily on Lagos Ibadan expressway

Nigerians forget easily


.
You only say that cuz u you don't u detstand where we were coming from
Re: Nigeria Was Not Completely Debt Free In 2007, As Claimed By Atiku Abubakar by Nobody: 8:12am On Oct 04, 2020
solmus:
cool




white man goes to the bank to borrow money for his personal development through mortgage loan he pays back in 30 years, student loan for tuition in the best University, Car loan for a new car which he pays for in five years and sell the Tokunbo to Africans while getting another new one, Oyinbo government borrow 100% of their GDP to fix infrastructure and everyone pays back through tax

Black man goes to the bank to deposit and save his own money while banks get richer charging for saving with them (ATM fees, stamp duty, transfer fees), instead of getting a loan to develop, he sees loan as gbese, or haram

At a time UAE was borrowing every where to develop world class infrastructure in Dubai and Abudhabi promising to pay back with Oil and Tourism, Obasanjo, Atiku and Okonjo iweala the world bank spy went to give $12 billion of our money to IMF and World bank, claiming Debt relief, while IMF, world bank simply borrowed other developing countries


.
You my friend are not smart. You just think you are. Things aren't simple as they seem. Credit system will Never work in Nigeria. Majority of Nigerians are crooks. 6 different people bought goods from me, they didn't pay in full, sighting economic situation. as regular customers, I accepted what they have while they bring D rest in a week or so. TODAY MAKES IT 1 year, 2 months and 5 days since l last saw them! Some don't even pick calls anymore cheesy
Re: Nigeria Was Not Completely Debt Free In 2007, As Claimed By Atiku Abubakar by Brushstrokes20: 8:15am On Oct 04, 2020
Yes o!... But it is not totally debt free and even lends. money to needy countries!... Simpletons!
Re: Nigeria Was Not Completely Debt Free In 2007, As Claimed By Atiku Abubakar by Blackmann001: 8:15am On Oct 04, 2020
DenreleDave:
It will be so disappointing if Pdp gives atiku the presidential mandate again

So why didn't he talk abt all these b4?
Sister he is PDP best choice of candidate WO win ApC
Re: Nigeria Was Not Completely Debt Free In 2007, As Claimed By Atiku Abubakar by solmus: 8:15am On Oct 04, 2020
Elsueno:
You my friend are not smart. You just think you are. Things aren't simple as they seem. Credit system will Never work in Nigeria. Majority of Nigerians are crooks. 6 different people bought goods from me, they didn't pay in full, sighting economic situation. as regular customers, I accepted what they have while they bring D rest in a week or so. TODAY MAKES IT 1 year, 2 months and 5 days since l last saw them! Some don't even pick calls anymore cheesy
Lol grin. Funniest comments today

Why can't Africans like us develop a good credit system whyyy is it rocket science.. BVN system is working fine, with that credit worthiness can be determined... Is this how we would continue


.
Re: Nigeria Was Not Completely Debt Free In 2007, As Claimed By Atiku Abubakar by Blackmann001: 8:16am On Oct 04, 2020
Elsueno:
You my friend are not smart. You just think you are. Things aren't simple as they seem. Credit system will Never work in Nigeria. Majority of Nigerians are crooks. 6 different people bought goods from me, they didn't pay in full, sighting economic situation. as regular customers, I accepted what they have while they bring D rest in a week or so. TODAY MAKES IT 1 year, 2 months and 5 days since l last saw them! Some don't even pick calls anymore cheesy
The fact remains..every Nigerian is. a thief!

I am going to Gtb to block another Nigerians number who lied he didn't get my mistake double transfer to him...the bank saw it was twice..I saw it..SMS proofed it. Only the crook didn't see it..I even suggested we negotiate..but the crook declined....if the banks fail me 2moro..

Am heading straight for the shrine...its 200k..Nigerian don't deserve pity..thieves everywhere!. Madness is what I will given him unfailingly once he picks the call from the shrine....I laff him in spanish
Re: Nigeria Was Not Completely Debt Free In 2007, As Claimed By Atiku Abubakar by dingbang(m): 8:17am On Oct 04, 2020
solmus:
Well let me tell you another lie since you feel it's a lie. It was even CBN it's self that got us loan after completing CBN entrepreneur training in 2016 entrepreneur best part the training cost 10k then,and only thing that qualifies you for a loan is just a fvcking Business Plan?!

How about that?!

http://www.edcsouthwest.org/
true, people are getting loans with business plan through the Nirsal microfinance bank.

Cc: brunclezuma
Re: Nigeria Was Not Completely Debt Free In 2007, As Claimed By Atiku Abubakar by Nobody: 8:17am On Oct 04, 2020
What I saw of this present administration is one that increased spending with dropping revenue.
Where is the wisdom in that?
Re: Nigeria Was Not Completely Debt Free In 2007, As Claimed By Atiku Abubakar by AngelicBeing: 8:20am On Oct 04, 2020
solmus:
cool




white man goes to the bank to borrow money for his personal development through mortgage loan he pays back in 30 years, student loan for tuition in the best University, Car loan for a new car which he pays for in five years and sell the Tokunbo to Africans while getting another new one, Oyinbo government borrow 100% of their GDP to fix infrastructure and everyone pays back through tax

Black man goes to the bank to deposit and save his own money while banks get richer charging for saving with them (ATM fees, stamp duty, transfer fees), instead of getting a loan to develop, he sees loan as gbese, or haram

At a time UAE was borrowing every where to develop world class infrastructure in Dubai and Abudhabi promising to pay back with Oil and Tourism, Obasanjo, Atiku and Okonjo iweala the world bank spy went to give $12 billion of our money to IMF and World bank, claiming Debt relief, while IMF, world bank simply borrowed other developing countries


.
Savages everywhere, Una go kill person with laugh for Nairaland.com, falls from Emirates stadium wink

Re: Nigeria Was Not Completely Debt Free In 2007, As Claimed By Atiku Abubakar by hotwax: 8:22am On Oct 04, 2020
So obj left 3billion..and buhari is talking about 500billion loan from China...

Shey oloriburuku ni yin ni?

What is wrong with these shalaye people?

Shey eya werey ni?

3bilion?and you are not ashamed to come and compare obj 3b with 27b and 500b china ameachi loan?

What is wrong with us in this country?
Re: Nigeria Was Not Completely Debt Free In 2007, As Claimed By Atiku Abubakar by BruncleZuma: 8:24am On Oct 04, 2020
solmus:
Well let me tell you another lie since you feel it's a lie. It was even CBN it's self that got us loan after completing CBN entrepreneur training in 2016 entrepreneur best part the training cost 10k then,and only thing that qualifies you for a loan is just a fvcking Business Plan?!

How about that?!

http://www.edcsouthwest.org/


Funniest part about this lie is that lazy youth like you were not there to take the opportunity, it was still this old men already having a successful life still cashing out, including civil servants



.
Cashing out on a loan? Unfortunately I wish I am lazy.
Re: Nigeria Was Not Completely Debt Free In 2007, As Claimed By Atiku Abubakar by frankyychiji: 8:27am On Oct 04, 2020
helinues:
Whenever you have data or time to browse on NL, you must drop your hateful comments as usual.

This moniker no kuku dey relevant and it can never be.

Iyan.miri elese isu abeyinto
You don't know how to yab but will be doing gragra.

I have no time for you anymore having thoroughly violated you. What else do I need your carcass for? grin
Cast it aside!
Re: Nigeria Was Not Completely Debt Free In 2007, As Claimed By Atiku Abubakar by helinues: 8:29am On Oct 04, 2020
frankyychiji:
You don't know how to yab but will be doing gragra.

I have no time for you anymore having thoroughly violated you. What else do I need your carcass for? grin
Cast it aside!
Hahahahahaha...

Or rather shame devil by telling us how mods have been frustrating your trolling. Where are your regular monikers? Chocho, gandollar and co... Resting... grin cheesy

You could have asked about the people before you why they stopped.

Olumo rock dey here, if you bring your head,na sorry case.

Oniranu abeyinto
Re: Nigeria Was Not Completely Debt Free In 2007, As Claimed By Atiku Abubakar by BruncleZuma: 8:29am On Oct 04, 2020
dingbang:
true, people are getting loans with business plan through the Nirsal microfinance bank.

Cc: brunclezuma
Just went there, sounds and looks interesting will look further into it. How Arewa dey treat you?
Re: Nigeria Was Not Completely Debt Free In 2007, As Claimed By Atiku Abubakar by dingbang(m): 8:32am On Oct 04, 2020
BruncleZuma:
Just went there, sounds and looks interesting will look further into it. How Arewa dey treat you?
niger no be arewa cheesy well i'm doing fine bro
Re: Nigeria Was Not Completely Debt Free In 2007, As Claimed By Atiku Abubakar by Kubernetes: 8:35am On Oct 04, 2020
Explain what you mean by 1 BTC is valued at $11,700?

I thought mining simply means that the miner gets more referrals which increases his commission by a certain percentage
Re: Nigeria Was Not Completely Debt Free In 2007, As Claimed By Atiku Abubakar by Misterdhee1(m): 8:36am On Oct 04, 2020
emror4u:
Can you compare the level at which they reduced external debt to any other administration?, Oga leave matter, for that side them really really try.. I give it to OBJ and Atiku

And of course, Ngozi (NOI) was also in the equation. That's using round pegs in round holes...
Is reduction of external debt even a positive thing economically without a consummate improvement in infrastructure?
Re: Nigeria Was Not Completely Debt Free In 2007, As Claimed By Atiku Abubakar by Belial06: 8:37am On Oct 04, 2020
[s]
solmus:
cool




white man goes to the bank to borrow money for his personal development through mortgage loan he pays back in 30 years, student loan for tuition in the best University, Car loan for a new car which he pays for in five years and sell the Tokunbo to Africans while getting another new one, Oyinbo government borrow 100% of their GDP to fix infrastructure and everyone pays back through tax

Black man goes to the bank to deposit and save his own money while banks get richer charging for saving with them (ATM fees, stamp duty, transfer fees), instead of getting a loan to develop, he sees loan as gbese, or haram

At a time UAE was borrowing every where to develop world class infrastructure in Dubai and Abudhabi promising to pay back with Oil and Tourism, Obasanjo, Atiku and Okonjo iweala the world bank spy went to give $12 billion of our money to IMF and World bank, claiming Debt relief, while IMF, world bank simply borrowed other developing countries since we are allergic to building Power Plants and love darkness, since we don't want to build refineries because it's our destiny to cue at fueling stations


.
[/s]

Complete nonsense
Re: Nigeria Was Not Completely Debt Free In 2007, As Claimed By Atiku Abubakar by BruncleZuma: 8:38am On Oct 04, 2020
dingbang:
niger no be arewa cheesy well i'm doing fine bro
You sure so grin grin grin grin
Re: Nigeria Was Not Completely Debt Free In 2007, As Claimed By Atiku Abubakar by Kubernetes: 8:44am On Oct 04, 2020
dingbang:
niger no be arewa cheesy well i'm doing fine bro
North central is Arewa Central
Re: Nigeria Was Not Completely Debt Free In 2007, As Claimed By Atiku Abubakar by frankyychiji: 8:46am On Oct 04, 2020
helinues:
Hahahahahaha...

Or rather shame devil by telling us how mods have been frustrating your trolling. Where are your regular monikers? Chocho, gandollar and co... Resting... grin cheesy

You could have asked about the people before you why they stopped.

Olumo rock dey here, if you bring your head,na sorry case.

Oniranu abeyinto
Hiss!
Small pikin!

Ban who?

The last you said this I had to start quoting you with my other moniker.

The reason why I reduced the violation on you was because I saw how all the trolling and cancellation from others were affecting you. You were going crazy practically. grin

You took the issues here very seriously. I'm human and since I troll you for fun but it was having a huge impact on your psyche, I decided to reduce it before you drink sniper over NL comments. grin

But if you don't like the peace you have now, I'm more willing to return you to Hades.
Re: Nigeria Was Not Completely Debt Free In 2007, As Claimed By Atiku Abubakar by martineverest(m): 8:47am On Oct 04, 2020
emror4u:
Paris club cancelled it cos of good deplomatic relationship and of course with the help of some resourceful people in the administration then, if it's easy to cancel, why can't they also cancel some now??
they reduced their loanings after cancelling our debt and africans chose to borrow from China ,which isn't Paris club
Re: Nigeria Was Not Completely Debt Free In 2007, As Claimed By Atiku Abubakar by Nobody: 8:48am On Oct 04, 2020
xtervaganza:
Trust bottom feeders to defend this satanic government.




Don't worry, when we have our own Oduduwa Republic we will hang all those who betrayed us
I just don't know why I find this comment funny.. You are really angry.
Re: Nigeria Was Not Completely Debt Free In 2007, As Claimed By Atiku Abubakar by Nobody: 8:51am On Oct 04, 2020
CodeTemplar:
Why did we prosper between 1999 and 2007 with relatively little debt increase then? You want to sell the idea that debt is needed to grow personally and nationally.
How did the nation prospered all those years? I'm waiting sir...
Re: Nigeria Was Not Completely Debt Free In 2007, As Claimed By Atiku Abubakar by helinues: 8:52am On Oct 04, 2020
frankyychiji:
Hiss!
Small pikin!

Ban who?

The last you said this I had to start quoting you with my other moniker.

The reason why I reduced the violation on you was because I saw how all the trolling and cancellation from others were affecting you. You were going crazy practically. grin

You took the issues here very seriously. I'm human and since I troll you for fun but it was having a huge impact on your psyche, I decided to reduce it before you drink sniper over NL comments. grin

But if you don't like the peace you have now, I'm more willing to return you to Hades.
See this one....I haven't been banned for more than 7 months upon the trolling from you guys ..... Cos we understand all the NL rules

Do you have the luxury of time I have? NO

Are you cultured like me to escape mods banning? NO

Do you have reflex to topics like we do, if yes kindly provide us with a screenshot where you got 100 likes on a topic outside Politics section?

Na daring oo.. Cos I wan put you to where you belong once and for all
Re: Nigeria Was Not Completely Debt Free In 2007, As Claimed By Atiku Abubakar by frankyychiji: 8:58am On Oct 04, 2020
helinues:
See this one....I haven't been banned for more than 7 months upon the trolling from you guys ..... Cos we understand all the NL rules

Do you have the luxury of time I have? NO

Are you cultured like me to escape mods banning? NO

Do you have reflex to topics like we do, if yes kindly provide us with a screenshot where you got 100 likes on a topic outside Politics section?

Na daring oo.. Cos I wan put you to where you belong once and for all
. Helinues go your way please. I'm begging you now.
Re: Nigeria Was Not Completely Debt Free In 2007, As Claimed By Atiku Abubakar by dingbang(m): 8:59am On Oct 04, 2020
Kubernetes:
North central is Arewa Central
to me, kwara, kogi follow for arewa. But you see niger so, abeg dem be north.
Re: Nigeria Was Not Completely Debt Free In 2007, As Claimed By Atiku Abubakar by helinues: 9:01am On Oct 04, 2020
frankyychiji:
. Helinues go your way please. I'm begging you now.
I dare you to provide us with any intelligent comments you have made that got you 100 likes outside politics section from Jan till date..

You only know how to speak grammar but can't use it effectively..

I must put you to where you belong...

You think you can make trolling a profession? Sure you can but troll else where....

Provide us with the screenshots or forever shut up. Daring challenge

Nonsense
Re: Nigeria Was Not Completely Debt Free In 2007, As Claimed By Atiku Abubakar by frankyychiji: 9:03am On Oct 04, 2020
helinues:
I dare you to provide us with any intelligent comments you have made that got you 100 likes outside politics section from Jan till date..

I must put you to where you belong...

You think you can make trolling a professional? Sure you can but troll else where....

Provide us with the screenshots or forever shut up.

Nonsense
grin grin

Ogede dudu oya busan...

You are free to play!
Re: Nigeria Was Not Completely Debt Free In 2007, As Claimed By Atiku Abubakar by Kubernetes: 9:03am On Oct 04, 2020
solmus:
cool




white man goes to the bank to borrow money for his personal development through mortgage loan he pays back in 30 years, student loan for tuition in the best University, Car loan for a new car which he pays for in five years and sell the Tokunbo to Africans while getting another new one, Oyinbo government borrow 100% of their GDP to fix infrastructure and everyone pays back through tax

Black man goes to the bank to deposit and save his own money while banks get richer charging for saving with them (ATM fees, stamp duty, transfer fees), instead of getting a loan to develop, he sees loan as gbese, or haram

At a time UAE was borrowing every where to develop world class infrastructure in Dubai and Abudhabi promising to pay back with Oil and Tourism, Obasanjo, Atiku and Okonjo iweala the world bank spy went to give $12 billion of our money to IMF and World bank, claiming Debt relief, while IMF, world bank simply borrowed other developing countries since we are allergic to building Power Plants and love darkness, since we don't want to build refineries because it's our destiny to cue at fueling stations


.
UAE development was not majorly precedent on external borrowing but on it's oil revenues.This was also unprecedented from it's tourism laws and tax holidays for businesses in the early 2000s.

However,the Persian Gulf War of 1990, in which Dubai as part of the UAE provided military aid to the coalition, unsettled the economy,but in the mid-1990s,it stabilised and many foreign trading communities moved their businesses to Dubai.

Global increases in oil prices allowed Dubai to focus on rapid development of key infrastructure. The success of the Jebel Ali free zone caused the development of clusters of new free zones, including Dubai Internet City(an internet technology area with ownership and tax related benefits), Dubai Media City(a tax-free zone to increase Dubai's presence in the worldwide media) and Dubai Maritime City,which will have many facilities, including waterfronts and harbours.But,in the past decades, Dubai has become known for its successful building projects, including the Burj Al Arab, the world's tallest freestanding hotel and these came from oil revenues.
1 2 3 4 5 6 Reply

Tinubu victory: Why Nigeria don't nullify presidential election, 2007 as exampleOba Of Oniru Standing Behind Tinubu As ADC In 2007 (Picture)Lauretta Onochie: Hushpuppi Was Contracted By Atiku And PDP To Rig 2019 Election234

Expensive Diesel, Expansive Economic CrisisI Don't Want To Miss Heaven - Rotimi Amaechi (Video)Senate Cannot Entertain Natasha's Petition Against Akpabio - Senator Imasuen