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Nairaland Forum / Nairaland / General / Business / Five South West Sates Owes 45% Of The Country's External Debt Stock by States. (8703 Views)
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Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by atlwireles: 10:31pm On Aug 22, 2014 |
aresa: I will not give a poor janjaw**eed like you the chance to derail this thread. Like I said, your lies are playing tricks on you. 2 Likes |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by aresa: 10:32pm On Aug 22, 2014 |
Donmarrius: And you forgot your sw is owing Anambra? What are they owing Anambra? |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by aresa: 10:33pm On Aug 22, 2014 |
[s] atlwireles:[/s] I get this from your type every time you get busted... |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by ak47mann(m): 10:36pm On Aug 22, 2014 |
Atouke:The citizens are not productive most of them depend on govt salaries |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by Atouke: 10:36pm On Aug 22, 2014 |
aresa: Why are you attacking persons instead of the debt issue, I take it that you are from one of the five debt affected state, The issue is whats your strategy to repay the loan? N8,480 per person no be joke o. and that does not include interest on the loan. tell us how you and your family are going to get out from under such huge debt. 3 Likes |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by aresa: 10:38pm On Aug 22, 2014 |
[s] Atouke:[/s] The question was what is Lagos state owing Anambra. Please go away if you don't have any answer for me.. |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by Atouke: 10:38pm On Aug 22, 2014 |
GeneralBadman: Uncle Gbawe and Uncle aresa, Stop leaving in denial, I take it that you are from one of the five debt affected state, The issue is whats your strategy to repay the loan? N8,480 per person no be joke o. and that does not include interest on the loan. tell us how you and your family are going to get out from under such huge debt. |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by atlwireles: 10:40pm On Aug 22, 2014 |
aresa: [s][/s] You have lied twice here tonight. Your lies just keep playing tricks on you. Keep the thread on topic, and stop your attempts to derail, this thread. You said Lagos was responsible for 35.6% of Nigeria's GDP, you were called on it. You simply went on silence mode Then you claimed Obj left office with zero on our external debt balance sheet, you also got called on it. What are you busting here? Your truckload of lies or what? 3 Likes |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by GeneralBadman: 10:41pm On Aug 22, 2014 |
Atouke: Please stop bullshitting. Go to the first page, press your calculator, sum up all the debts for SW states and calculate the percentage for SW. When you get that right, then we can converse. Enjoy the thread while the fun lasts. Cheers. 1 Like |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by Atouke: 10:43pm On Aug 22, 2014 |
GeneralBadman: Denial and hiding your head in the sand is not going to make the debt go away. you better start planning on how to repay those loans. 2 Likes |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by Nobody: 10:43pm On Aug 22, 2014 |
yisus christ! |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by Gbawe: 10:49pm On Aug 22, 2014 |
Atouke: Olodo, your use of English is bad while your mathematical ability, as you have proven to all here, is best described as pre-school level. Yet you remain here throwing around meaningless figures when you should be using the remaining browsing allowance you have to look for adult basic education classes. You guys and the inferiority complex that is eating you alive. Hope you won't kill yourselves taking Panadol for the non-existent headache of Yoruba folks and their States. 1 Like |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by manny4life(m): 10:50pm On Aug 22, 2014 |
@OP, I have to be honest, I calculated it myself, I think you meant 45% of the "STATES EXTERNAL DEBT", NOT the country's external debt. 2 Likes |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by Gbawe: 10:51pm On Aug 22, 2014 |
GeneralBadman: We should call him Mr.45% from now on. The name would be very apt since, aside his olodo error here, he thinks like someone with 45% of his brain missing. 4 Likes |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by Fire15: 10:53pm On Aug 22, 2014 |
Atouke: haba south west why are these states drowning Nigeria in debt.Atouke or whatever you choose to call yourself. You're not statistically literate,and bad enough, you're an embarrassment mathematically. All the amounts must end in billions. Am very sure, you're a member of the tribe of stupidity. |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by Atouke: 10:55pm On Aug 22, 2014 |
Gbawe: Whats your strategy to pay back the loans from your debt affected states? forget my grammar it has nothing to do with the debt that your progressive borrowers governors have foisted on your neck and that of innocent kids. Address the pertinent issue and stop trying to deviate from the core issue. 3 Likes |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by Atouke: 10:57pm On Aug 22, 2014 |
Fire15: Stop leaving in denial, I take it that you are from one of the five debt affected state, The issue is whats your strategy to repay the loan? N8,480 per person no be joke o. and that does not include interest on the loan. tell us how you and your family are going to get out from under such huge debt. Am doing you a favour by doing the calculations for you for judging from your statement you obviously do not know how to calculate. |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by GeneralBadman: 10:58pm On Aug 22, 2014 |
Gbawe: Yes Sir, the name(Mr 45%) fits the Muntullar. He knows nothing about Arithmetics let alone Further Math. Please ignore him Sir. 1 Like |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by Nobody: 11:01pm On Aug 22, 2014 |
The OP is advertising his or her ignorance. You can't talk of liabilities without assets. Borrowing is a language of business and as wealthy as Dangote is, he still borrows till tomorrow. Debt is not the issue but what's done with the money and overall sustainability of the state finances. 1.What is the percentage of debt to overall GDPs in those states? It's just like saying Nigeria owes $10b. It doesn't tell much. But you would appreciate the gist when told the GDP of Nigeria was $510b. Suddenly you realized as huge as $10b appeared, it was actually not a cause for alarm. The debt to GDP ratio in these states should be ridiculously low. The debts, in my opinion, are quite serviceable. 2.Serviceable or otherwise, what are the loans meant for? Are they borrowing to finance recurrent expenditures? Answer is NO (that would be irresponsible anyway). Borrowing to finance key capital projects is actually a wise thing to do. And a state like Lagos is a model for others. Borrow to build roads, collect tolls to pay part of loans back. While the IGR is invested in other developmental projects. The idea is "growth will pay the loans". 1 Like |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by Atouke: 11:02pm On Aug 22, 2014 |
GeneralBadman: You can create as many monikers as you like to attack my person, its not going to make the debt dissappear.You have to call you progressive borrower leaders to order. First, to stop borrowing and then Second,start planning on how to get out from under the debt. 1 Like |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by aresa: 11:04pm On Aug 22, 2014 |
ProfCorruption: The OP is advertising his or her ignorance. You can't talk of liabilities without assets. Borrowing is a language of business and as wealthy as Dangote is, he still borrows till tomorrow. Debt is not the issue but what's done with the money and overall sustainability of the state finances. Very well stated. To bad we have too many illiterates and low mentality people like this Mr 45% with Nigeria attached to their names.. 2 Likes |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by Atouke: 11:05pm On Aug 22, 2014 |
ProfCorruption: The OP is advertising his or her ignorance. You can't talk of liabilities without assets. Borrowing is a language of business and as wealthy as Dangote is, he still borrows till tomorrow. Debt is not the issue but what's done with the money and overall sustainability of the state finances. Are you from the debt Affected states? 2 Likes |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by poiZon: 11:05pm On Aug 22, 2014 |
aresa: [s][/s] na u post, na u like. this na wa! |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by aresa: 11:06pm On Aug 22, 2014 |
Atouke: Math failed you English failed you What's left? 1 Like |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by obiajuru01: 11:06pm On Aug 22, 2014 |
What makes an economy is the ability to borrow and pay back, not the amount borrowed, the richest people have the highest debt, a poor man can't borrow much, I guess that's why lagos is the highest debtor. 1 Like |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by Nobody: 11:08pm On Aug 22, 2014 |
Atouke: can you mention just one state that's not indebted in Nigeria? |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by Atouke: 11:09pm On Aug 22, 2014 |
aresa: whats left is the huge debt that your borrowing governors have plunged you and your generation unborn into. 3 Likes |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by aresa: 11:10pm On Aug 22, 2014 |
Atouke: Is your state on the list you posted or not? |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by Atouke: 11:11pm On Aug 22, 2014 |
ProfCorruption: Are you from the debt affected states? if yes which of the five in question? 1 Like |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by aresa: 11:12pm On Aug 22, 2014 |
Atouke: Fixed... |
Re: Five South West Sates Owes 45% Of The Country's External Debt Stock by States. by Fashola4thSon: 11:12pm On Aug 22, 2014 |
My south west leaders has kill us. Let us beg IGBO for mercy!!! |
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