₦airaland Forum

Eleyigidgan:
are you the scammer?

joceey:
The number is going i just called it now

Agboriotejoye:
Fashola will say why should we reduce our debts? We need more debts to build our infrastructure. It is that debt that OBJ reduced that led to the bad state of our infrastructure.
Intellectual frauds everywhere!!

TOBOSCOASSURES:
I pray God heal our country Nigeria…I see a better 2023..Trust Nigerians are wiser now..

KINGS100:
Other Countries are cutting down their debt Nigeria is the only country among top 5 in that list who's debt increased between 2021 to 2022. It is well.

omowolewa:
Nigeria would be come leading credit facilities destination if we fail to get our leadership choice right.

Where bigger Economies keep investing in productivity and looking for markets in Nigeria. We have to stop being productive and start looking for monies to buy, that's either from loans, grants or corruptions.

Guess what?
We will soon activate our debt forgivemess request.

Mikael0407:
And yet u call them disgusting... Your homophobia is showing bro

Imemine:
They're borrowing, printing money, taxing everything, increasing vat, gulping oil illegally, etc, but has done nothing with the money - absolutely nothing. While people in Buhari's home state are eating grasses he is busy enriching Niger republic, his cronies are looting in billions and their kids are showing off I'll gotten wealth to the impoverished masses. One thing about money is that if you steal billions, but has no knowledge of how to utilize it, it will definitely leave you.

Jennifer663:
Pray so.

rusher14:
Being vague.

Which of the policies were you specifically referring to?

Jennifer663:
I pity Nigerians...
Would still pity them again if they did not choose wisely the next president.

Nigeria now ranks fourth in the World Bank’s top 10 International Development Association borrowers’ list, no thanks to rising debt.

Nigeria was ranked fifth in the World Bank Fiscal Year 2021 audited financial statements, known as the IDA financial statement, with $11.7 billion IDA debt stock as of June 30, 2021.

However, the newly released World Bank Fiscal Year 2022 audited financial statements for IDA showed that Nigeria has moved to the fourth position on the list, with $13bn IDA debt stock as of June 30, 2022.

This shows that the country accrued about $1.3bn IDA debt within a fiscal year to take over the fourth top debtor position from Vietnam.

This debt is different from the outstanding loan of $486m from World Bank’s International Bank for Reconstruction and Development.

The top five countries on the list slightly reduced their IDA debt stock except Nigeria.

India, which still tops the list, reduced its IDA debt stock from $22bn in the previous fiscal year to $19.7bn, followed by Bangladesh from $18.1bn to $18bn.

Pakistan comes next, after cutting its debt from $16.4bn to $15.8bn, followed by Nigeria, then Vietnam, which cut its IDA debt stock from $14.1bn to $12.9bn.

The World Bank disclosed recently that Nigeria’s debt, which may be considered sustainable for now, risks becoming unsustainable in the event of macro-fiscal shocks.

Komu1048:
U lack critical thinking, if u had check into my comments before I was once an Obedient cos of sentiment. But I have to retreat my step. Obi have nothing to offer us, he is a good man but he is too small n docile to repair this damaged country. We need someone whose track record is overwhelming. And that's why I choose Asiwaju over region n tribe

Jetbound:
You criticized already why you come dey quote falz

Komu1048:
Check my signature, I don't earn monthly salary. Stop sentiment and let's discuss the way forward for our darling country. Let's follow vision, don't let some people sit somewhere and decide our future for us.

A vote for Asiwaju is a vote to get things right

iamrealdeji:
If you practise premarital sex,you are not different from them either,you are also disgusting cos you are are both doing what God dislike

etrange:
You've already called them disgusting, so stop quoting Falz.

Jennyclay:
You really tried for posting good news today.

Well, I won't blame you for posting bad news because if Nigeria men could respect and behave themselves you won't see bad news to post.

Man beat his pregnant wife to death

Man rape his 6 years old daughter

Man murdered his girlfriend and buried her in his room.

Everytime Man!! Man!! Man!! So I don't blame you Dear. I blame our evil men that don't want you to post goodnews

Komu1048:
Tinubu is different, he us the visionary leader needed in time like this. We can't afford to get it wrong again. Nigeria must be return to it's part to prosperity, we don't have to do testing testing again.

Obi, Tinubu n Atiku have all been tested with power, but asiwaju stands tall till today. Reason everybody want to have house n business empire in Lagos.

Vote credibility n visionary over region n religion.

Vote Tinubu 2023