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Ritchiee's Posts

Nairaland Forum › Ritchiee's Profile › Ritchiee's Posts

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Politics › Re: Ooni Donates Land For Construction Of World Ifa Temple by Ritchiee: 9:15pm On May 30, 2025
lol
Not land for industry but for atheism?
Politics › Re: Cardoso Named Central Bank Governor Of The Year In Africa by Ritchiee: 6:39pm On May 30, 2025
Uglyojuku:
YOU WERE BORROWING $1.5 BILLION DOLLARS EVERY MONTH TO SUSTAIN NAIRA AND BORROWED TRILLIONS TO SUSTAIN FUEL SUBSIDY.

YOU WERE NOT ABLE TO PAY WORKERS,ASUU,NASU AND ALMOST ALL NIGERIAN WORKERS WERE ON STRIKE BECAUSE YOU COULDN'T PAY THE MEAGRE #18,000 AND #30,000 YOU PROMISED.

INSTITUTIONS WERE WARY OF BORROWING YOU MONEY BECAUSE YOU WON'T BE ABLE TO PAY.
YOU DEPENDED ON LIFELINE AND YOU WERE DYING RAPIDLY.



TODAY,YOUR WORKERS ARE RECEIVING #85,000,#75,000,#70,000.
GOVS ARE RECEIVING TRIPLED ALLOCATIONS, THEY ARE PAYING THEIR DEBTS,SOME UP TO 90%.THEY ARE EXECUTING PROJECTS RIGHT,LEFT AND CENTRE.
FG JUST PAID OFF ALL IMF DEBTS,PAID OFF $7 BILLION FX BACKLOG ETC.
UNLIKE BEFORE WHEN YOU WERE DYING,NOW FITCH RATINGS,WORLD BANK,IMF,AfDB ETC ARE TELLING THE WORLD THAT YOU ARE NOT DYING ANYMORE BUT GETTING BETTER AND STRONGER.
YOUR EXPORT HAS GONE UP,LITHIUM FACTORIES ARE BEING SET UP IN NIGERIA IN WHICH CASE YOU WILL BE PRODUCING ELECTRIC VEHICLES,YOUR MINERAL SECTOR HAS GONE UP,THE GOODIES ARE NUMEROUS.


ONLY A MUMU AND A SADIST WILL LIKE TO GO BACK TO THAT UNSUSTAINABLE AND DYING LIFE YOU WERE LIVING BEFORE.
Very apt and on spot.
Only the enemies of Nigeria and sadists will want Nigeria to go back to its vomit.
Politics › Re: 40 Major Milestones Achievement Of President Bola Tinubu In 2 Years by Ritchiee: 1:43pm On May 30, 2025
Agbegbaorogboye:
I stopped reading at that $1.5bn every month loan claim. Like someone must be extraordinarily stupid to believe that Nigeria was borrowing $1.5bn every month for 8 years!! Like who or where will you even get someone to borrow that sum from. A simple arithmetic for anyone with commonsense will tell you that $1.5bn every month for 8 years will be $144bn in 8 years!! While Nigeria's total debt as at 2023 may was $108bn!!
Those who fed you such bunkum must really think you're very low on the order of human intelligence. Far lower than neanderthals
Don't be a zomdie..

Politics › Re: 40 Major Milestones Achievement Of President Bola Tinubu In 2 Years by Ritchiee: 7:45am On May 30, 2025
specialmati:
grin grin grin grin grin grin grin ok hope you are comfortable with running after buses at busstops 20 more years to go sir.E pele
Give thanks to President Tinubu for giving you what to wail about.
You have 6 more years of hysterical wailing.
E pele,sir.
Politics › Re: Nigeria's Shock Therapy (Financial Times Editorial) by Ritchiee: 7:12am On May 30, 2025
A REMINDER THAT YOU WERE BORROWING $1.5 BILLION DOLLARS EVERY MONTH TO SUSTAIN NAIRA AND BORROWED TRILLIONS TO SUSTAIN FUEL SUBSIDY.

YOU WERE NOT ABLE TO PAY WORKERS,ASUU,NASU AND ALMOST ALL NIGERIAN WORKERS WERE ON STRIKE BECAUSE YOU COULDN'T PAY THE MEAGRE #18,000 AND #30,000 YOU PROMISED.

INSTITUTIONS WERE WARY OF BORROWING YOU MONEY BECAUSE YOU WON'T BE ABLE TO PAY.
YOU DEPENDED ON LIFELINE AND YOU WERE DYING RAPIDLY.



TODAY,YOUR WORKERS ARE RECEIVING #85,000,#75,000,#70,000.
GOVS ARE RECEIVING TRIPLED ALLOCATIONS, THEY ARE PAYING THEIR DEBTS,SOME UP TO 90%.THEY ARE EXECUTING PROJECTS RIGHT,LEFT AND CENTRE.
FG JUST PAID OFF ALL IMF DEBTS,PAID OFF $7 BILLION FX BACKLOG ETC.
UNLIKE BEFORE WHEN YOU WERE DYING,NOW FITCH RATINGS,WORLD BANK,IMF,AfDB ETC ARE TELLING THE WORLD THAT YOU ARE NOT DYING ANYMORE BUT GETTING BETTER AND STRONGER.
YOUR EXPORT HAS GONE UP,LITHIUM FACTORIES ARE BEING SET UP IN NIGERIA IN WHICH CASE YOU WILL BE PRODUCING ELECTRIC VEHICLES,YOUR MINERAL SECTOR HAS GONE UP,THE GOODIES ARE NUMEROUS.


ONLY A MUMU AND A SADIST WILL LIKE TO GO BACK TO THAT UNSUSTAINABLE AND DYING LIFE YOU WERE LIVING BEFORE.
Politics › Re: 40 Major Milestones Achievement Of President Bola Tinubu In 2 Years by Ritchiee: 6:55am On May 30, 2025
rinzaugustine:
Idris Abdul karim called tinubu a proud total failure which is an apt description of him
A REMINDER THAT YOU WERE BORROWING $1.5 BILLION DOLLARS EVERY MONTH TO SUSTAIN NAIRA AND BORROWED TRILLIONS TO SUSTAIN FUEL SUBSIDY.

YOU WERE NOT ABLE TO PAY WORKERS,ASUU,NASU AND ALMOST ALL NIGERIAN WORKERS WERE ON STRIKE BECAUSE YOU COULDN'T PAY THE MEAGRE #18,000 AND #30,000 YOU PROMISED.


INSTITUTIONS WERE WARY OF BORROWING YOU MONEY BECAUSE YOU WON'T BE ABLE TO PAY.
YOU DEPENDED ON LIFELINE AND YOU WERE DYING RAPIDLY.



TODAY,YOUR WORKERS ARE RECEIVING #85,000,#75,000,#70,000.
GOVS ARE RECEIVING TRIPLED ALLOCATIONS, THEY ARE PAYING THEIR DEBTS,SOME UP TO 90%.THEY ARE EXECUTING PROJECTS RIGHT,LEFT AND CENTRE.
FG JUST PAID OFF ALL IMF DEBTS,PAID OFF $7 BILLION FX BACKLOG ETC.
UNLIKE BEFORE WHEN YOU WERE DYING,NOW FITCH RATINGS,WORLD BANK,IMF,AfDB ETC ARE TELLING THE WORLD THAT YOU ARE NOT DYING ANYMORE BUT GETTING BETTER AND STRONGER.
YOUR EXPORT HAS GONE UP,LITHIUM FACTORIES ARE BEING SET UP IN NIGERIA IN WHICH CASE YOU WILL BE PRODUCING ELECTRIC VEHICLES,YOUR MINERAL SECTOR HAS GONE UP,THE GOODIES ARE NUMEROUS.


ONLY A MUMU AND A SADIST WILL LIKE TO GO BACK TO THAT UNSUSTAINABLE AND DYING LIFE YOU WERE LIVING BEFORE.
Politics › Re: 40 Major Milestones Achievement Of President Bola Tinubu In 2 Years by Ritchiee: 6:00am On May 30, 2025
specialmati:
grin grin grin grin grin grin grin so 90 bullion vans to you from Agbero chairman Lagos State branch
Give thanks to President Tinubu for giving you what to wail about.
You have 6 more years of hysterical wailing.
E pele,sir.
Politics › Re: 40 Major Milestones Achievement Of President Bola Tinubu In 2 Years by Ritchiee: 10:43pm On May 29, 2025
Tinubu is a genuus.
Giving the enemies of Nigeria what to wail about.
Politics › Re: I Don’t Know When Tinubu’s Policies Will Start Yielding Results- APC Spokesman by Ritchiee: 9:38pm On May 29, 2025
Is this one in Pluto?
The worst,worse and bad are all behind us.
Going forward,it is prosperity for all Nigerians home and abroad.
Politics › Re: First Two Years Of New Governments And Stock Market Performance by Ritchiee: 9:34pm On May 29, 2025
Tinubu is a genuus.
Giving the enemies of Nigeria what to wail about.
Politics › Re: Man Films Flood In Texas And Compares It To Nigeria, Sparks Online Reactions(Pix by Ritchiee: 9:22pm On May 29, 2025
safarifarms:
In essence, we should be grateful for also having flooding in Nigeria because it happened in US. Is it only bad things that Nigeria can be compared to these developed nations? When will we be able to compare good things happening in developed countries to same happening in Nigeria? APC has seriously brainwashed some people. And it will always be people from the land that the Chicago city boy built.
Saner clime geng member,he knows how zombieish you are when you compare Nigeria to the advanced nations when it suits your fancy.
You should ask yourself why massive floodings always happen in advance nations too and not condemn your nation everytime.
Politics › Re: Igbos Vote 4 Atiku/obi 2027 by Ritchiee: 6:26pm On May 29, 2025
Umunzeorumba:
But why did Obi still go ahead to win se and ss without PDP's vote in 2023.
Mainly because of the Muslim Muslim ticket.
You should be worried that he is going to lose SS in 2027 and he is going to share SE votes with Tinubu.
I know you will argue but wait for it..
Politics › Re: Igbos Vote 4 Atiku/obi 2027 by Ritchiee: 5:29pm On May 29, 2025
Umunzeorumba:
In 2019 Obi won ss and se and also got massive votes in Lagos as Atiku vice.
Not Obi but PDP just like Obasanjo won SE and SS during his period.
Politics › Re: Igbos Vote 4 Atiku/obi 2027 by Ritchiee: 5:22pm On May 29, 2025
Umunzeorumba:
Cross River was under APC when Peter Obi win.He also win in Edo and Delta States two PDP States.People are the structure and not politicians.
Pray that Obi gets up to 3 million this time around..
Muslim Muslim ticket was what helped Obi then.
People know better now.
Politics › Re: Nigeria’s Economic Reforms Yielding Results, Says AFDB by Ritchiee: 9:04am On May 29, 2025
SmartPolician:
The same heartless lending institutions that give you loans and don't mind you collecting the blood your citizens to repay their loans and pay interests on them? You should be worried whenever those folks are hailing a government.

Besides, leadership is about the people. When Nigerians, not fellow politicians, start praising this government, you know they are doing the right thing. For now, this administration is horrible!
What will you now say about this ?

Comparing Nigeria,South Africa and Egypt debts:

In the 2024/25 financial year, South Africa's total debt, including government, household, and corporate debt, is estimated to be around $699.5 billion. This includes a government debt component of $300.2 billion (USD) at the end of 2024. The total debt represents a significant portion of the country's GDP, with the debt-to-GDP ratio ranging from 69.2% to 129%.


While all the total debt of Nigeria is 94.23 billion dollars that of South Africa is more than seven times bigger at 699.5 billion dollars.


As for Egypt.....
In June 2024, Egypt's external debt was $152.9 billion, which is 40% of its GDP. This means that Egypt owes approximately $152.9 billion in total debt to external creditors.

While Nigeria's total debt is $94.23 billion,Egypt is your oga in debt with $152.9 billion and Egypt household debt(domestic) is $23.5 billion dollars...totalling $176.4 billion.

https://www.ceicdata.com/en/indicator/egypt/household-debt


In 2025, Egypt's population is estimated to be around 118.4 million, while South Africa's population is estimated to be around 64.7 million. Egypt's population is projected to be 116.5 million in 2024. South Africa's population was estimated to be 63.0 million in 2024.
In 2025, Nigeria's population is projected to be around 234.57 million. In 2024, the population was estimated at 227.71 million. Projections indicate a significant increase in population over the next few years, according to statista.
Politics › Re: Nigeria’s Economic Reforms Yielding Results, Says AFDB by Ritchiee:
SmartPolician:
Akin Adesina is about to retire from the AfDB and settle in Nigeria, so he doesn't want Tinubu's DSS harassing him for earlier saying that Tinubu has destroyed the country. That's why he's writing this ass-licking sequel grin
What about World Bank, IMF and Fitch Ratings are they all coming to settle in Nigeria too because they have all said the same positive words about Tinubu's reforms?
Or are you just sad of good news as usual?

Politics › Re: Tinubu’s Two Years The Worst In Nigeria’s History – CUPP by Ritchiee: 8:11am On May 29, 2025
Maxymilliano:
https://www.vanguardngr.com/2025/05/tinubus-two-years-the-worst-in-nigerias-history-cupp/?fbclid=IwY2xjawKkyw9leHRuA2FlbQIxMQBicmlkETFsak53eUxtdENLNW9Yekh1AR7YDVE1fSm9kECvTjhA6qdiZshk5ag9dCJbyJFCXT1xBxtbeER53M81SMPfhQ_aem_C9yVdQYlgkMZqSRlLRPdsg
Ignorance from CUPP.
Comparing Nigeria,South Africa and Egypt debts:

In the 2024/25 financial year, South Africa's total debt, including government, household, and corporate debt, is estimated to be around $699.5 billion. This includes a government debt component of $300.2 billion (USD) at the end of 2024. The total debt represents a significant portion of the country's GDP, with the debt-to-GDP ratio ranging from 69.2% to 129%.


While all the total debt of Nigeria is 94.23 billion dollars that of South Africa is more than seven times bigger at 699.5 billion dollars.


As for Egypt.....
In June 2024, Egypt's external debt was $152.9 billion, which is 40% of its GDP. This means that Egypt owes approximately $152.9 billion in total debt to external creditors.

While Nigeria's total debt is $94.23 billion,Egypt is your oga in debt with $152.9 billion and Egypt household debt(domestic) is $23.5 billion dollars...totalling $176.4 billion.

https://www.ceicdata.com/en/indicator/egypt/household-debt


In 2025, Egypt's population is estimated to be around 118.4 million, while South Africa's population is estimated to be around 64.7 million. Egypt's population is projected to be 116.5 million in 2024. South Africa's population was estimated to be 63.0 million in 2024.
In 2025, Nigeria's population is projected to be around 234.57 million. In 2024, the population was estimated at 227.71 million. Projections indicate a significant increase in population over the next few years, according to statista.
Politics › Re: Tinubu Media Aide: The President Is Not Requesting To Borrow $20 Billion by Ritchiee:
saysoo:
Get off Trump please.
Put Nigeria side by side with South Africa and Egypt with this your gibberish.
Why putting condition of 'if they don't loot it' knowing fully well notting will come out of it.
Do Nigeria Government know the size of its citizens they want to plan for?
Ok,I am getting off Trump and using South Africa and Egypt's debts to compare to Nigeria's debt.


In the 2024/25 financial year, South Africa's total debt, including government, household, and corporate debt, is estimated to be around $699.5 billion. This includes a government debt component of $300.2 billion (USD) at the end of 2024. The total debt represents a significant portion of the country's GDP, with the debt-to-GDP ratio ranging from 69.2% to 129%.


While all the total debt of Nigeria is 94.23 billion dollars that of South Africa is more than seven times bigger at 699.5 billion dollars.


As for Egypt.....
In June 2024, Egypt's external debt was $152.9 billion, which is 40% of its GDP. This means that Egypt owes approximately $152.9 billion in total debt to external creditors.

While Nigeria's total debt is $94.23 billion,Egypt is your oga in debt with $152.9 billion and Egypt household debt(domestic) is $23.5 billion dollars...totalling $176.4 billion.

https://www.ceicdata.com/en/indicator/egypt/household-debt


In 2025, Egypt's population is estimated to be around 118.4 million, while South Africa's population is estimated to be around 64.7 million. Egypt's population is projected to be 116.5 million in 2024. South Africa's population was estimated to be 63.0 million in 2024.
In 2025, Nigeria's population is projected to be around 234.57 million. In 2024, the population was estimated at 227.71 million. Projections indicate a significant increase in population over the next few years, according to statista.


What else do you want to say,sir?
Politics › Re: Throwback: Jonathan Submitted $25bn Loan Request In MTEF To National Assembly by Ritchiee: 9:20pm On May 28, 2025
rinzaugustine:
Tinubu, tunde bakare, Wole Soyinka , omolwoleye sowere, Enoch adegboye, odumakin and all those people from that region who incited the north everyday to stop the well performing 1st president from a region that produces Nigerian oil from completing his tenure due to their hate for Niger delta, today they are all silent but the regions hate for SS continues but God no Dey sleep because evil or good gets their reward at the right time. Read the post ☝️
Stop the lie.
Jonathan was a gentleman but with all the humongous revenue that he made during his tenure,Nigeria was borrowing money to pay workers in 2014 before the arrival of Buhari.
They have squandered all.
His beginning was good but the end was disastrous.
Politics › Re: Tinubu Media Aide: The President Is Not Requesting To Borrow $20 Billion by Ritchiee: 3:01pm On May 28, 2025
RenaissanceGuy:
In other words, it's $10b this year and another one next year. I pray Argentina or Greece doesn't happen to Nigeria, because the amount of loan Buhari and Tinubu have taken within the last 10 years, is very grievous and can wreck our economy to smithereens.
Are you really educated?
Borrowing is not bad if only they wouldn't loot it.
All nations of the world including USA,China borrow and still continue to borrow.

During the first term of Trump,national debt increased by approximately $7.8 trillion during his presidency, driven by tax cuts (e.g., TCJA 2017) and COVID-19 relief spending (e.g., CARES Act 2020).
Debt at start (2017): ~$19.9 trillion
Debt at end of his 4 years (2021): ~$27.7 trillion.
He borrowed a whole 7.8 trillion dollars in 4 years.

All of the entire Nigeria's total public debt is $94.23 billion grin
as of December 31, 2024.
Not even up to 100 billion dollars...mtcheww.




If only we have the capability of borrowing up to a trillion dollar even for the 8 years,Nigeria's growth will be exponential.
And that is if they don't loot it which I am sure Tinubu will never allow because of his desire to grow Nigeria economically.
Politics › Re: Tinubu Media Aide: The President Is Not Requesting To Borrow $20 Billion by Ritchiee:
Oh my!
I truly want the FG to borrow more than this 21.5 billion dollars so as to trigger enormous growth and development in Nigeria because I know that President Tinubu will use the money for what it is actually borrowed for.
Tinubu wants to make record as being the one who put Nigeria on the exponential growth pedestal and I think he is on the right track.
He really needs to borrow a large chunk to propel growth and social development.
It was infrastructures that galvanised the growth of Dubai before production,HDI etc followed.
Our previous govts did us bad wella.
I pray President Tinubu succeeds.


As for MTEF (and FSP),the Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) are not practiced exclusively in Nigeria. These are widely used tools for fiscal management in many countries, both developed and developing. The MTEF is a process for making budget decisions over a multi-year period, while the FSP outlines the government's fiscal policy goals and strategies.
Politics › Re: Full List: VAT Generated In States Across Nigeria In Q1 2025 by Ritchiee: 12:48pm On May 28, 2025
Please,what is Prince Dapo Abiodun doing in Ogun state?
That man,even with the tripled FAAC, has done almost nothing tangible.
Bestmanfornow....Poor Anambra grin
I didn't forget the others o.
Politics › Re: Tinubu Seeks NASS' approval to borrow $24billion in foreign loans by Ritchiee: 12:10pm On May 28, 2025
abiodunbright:
You sound educated but where is all the saved billions from subsidy?
In Nigeria, the federal government and the states share revenue through the Federation Account Allocation Committee (FAAC). The current revenue sharing formula allocates 52.68% to the FG, 26.68% to the states, and 20.60% to local governments. Additionally, oil-producing states receive a 13% derivation fund.

Now all FAAC allocations to governors etc have tripled.They are paying their debts and borrowing none or less.Most of them are executing projects right,left and centre without borrowing.

No ASUU strike and all other strikes that have become a culture in Nigeria.

Tinubu himself had borrowed 9.9 billion dollars since his coming and he has paid back more than 12 billion dollars of Nigeria's debt.

Borrowing is not bad if only they would use it for production or infrastructures and not looted.
Politics › Re: Tinubu Seeks NASS' approval to borrow $24billion in foreign loans by Ritchiee: 8:11am On May 28, 2025
Good.
He is paying the debts even the ones he met on ground.
Even Keir Starmer,Trump etc are borrowing money.
Serious nations and govts will always borrow and pay as much as possible but they should use the money for laudable projects not loot.
We all know that President Tinubu has 4 legacy projects and numerous projects all over the 6 geo political zones of Nigeria.
There had never been projects being executed simultaneously all over Nigeria the way they are in this dispensation.
He should have borrowed up to 50 billion dollars in order to quicken the growth of Nigeria and Nigerians.
Politics › Re: Ubi Franklin Claps Back At Nigerians Insulting Him For Meeting President Tinubu by Ritchiee: 6:33pm On May 27, 2025
Ofunaofu:
Which of the Obidients are you referring to?
We have Obidients everywhere, APC Obidients, Tinubu Obidients, Ronu Obidients, PDP Obidients, Labour Party Obidients, Obidients without party affiliation, Obidients without tribal affiliation, and Obidients who just want Nigeria to work for everyone. So, which one?
There is only one 'obidients'.They are mostly Igbos who carry Obi for head like gala though he was a failure when governing Anambra but tribalism don block their zombie brains to think.
Politics › Re: After $3.4 Billion IMF Debt, FG Repays $2 Billion Chinese, Indian, Other Loans by Ritchiee: 10:26pm On May 26, 2025
jmoore:
Ponzi scheme of propaganda
True.
All the money Tinubu borrowed since his coming on board is 9.9 billion dollars but he has repaid more than 12 billion dollars of Nigeria's debt within 1 and half years.
That is chronic prudence.
Prudence at its peak.
Travel › Re: Curerent Lagos-Calabar Road Compared To New Road Is Just 120Km Difference by Ritchiee: 2:59pm On May 25, 2025
Sibrah:
Is the stress of going allover from Lagos to Calabar actually worth it?

Old Lagos Calabar route
Lagos-Benin 314km
Benin-Warri 98km
Warri-PH 194km
PH-Calabar 312km

Total ~820km.
Enemy of progress.
Spits
Politics › Re: Update On The Construction Of The Anambra Solution Innovation District by Ritchiee: 4:24pm On May 23, 2025
IyfeNamikaze:
And yet apart from Lagos and Abuja South East lead in Human development index. If you think Ibadan is more developed than the entire SE then you have never been there before. You people should learn to build toilets in your houses first before you can come to rub shoulders with the SE.
How can the SE lead in Human development when SW has the best people and most successful people in Nollywood,Music,ICT,Lawyers,Doctors etc.
You sound like a clown.

Have been to the East and one can see why WE is gradually becoming a desert because everybody SE is fleeing the SE for the rich SW.

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