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Buhari Raises Nigeria Debt Profile To $71.2billion/21.8 Trillion Naira - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Buhari Raises Nigeria Debt Profile To $71.2billion/21.8 Trillion Naira (2106 Views)

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Buhari Raises Nigeria Debt Profile To $71.2billion/21.8 Trillion Naira by Nobody: 8:19pm On Mar 14, 2018
According to public debt office DMO. This must be stopped. No completed projects... nothing to show for it

$70billion Naira!

ABUJA, MARCH 14, 2018 – Nigeria’s total national debt grew to 21.7 trillion naira ($70.92 billion) at the end of December 2017, the director-general of Nigeria’s Debt Management Office told a news briefing on Wednesday. It was 17.36 trillion naira at the end of 2016.

http://govandbusinessjournal.com.ng/nigerias-total-debt-rose-to-21-7-trillion-naira-at-end-of-2017-dmo-says/

Update. $300 million dollars from AfDB added today.

2 Likes 1 Share

Re: Buhari Raises Nigeria Debt Profile To $71.2billion/21.8 Trillion Naira by Nobody: 8:25pm On Mar 14, 2018
$14 billion dollars borrowed in 2017 alone!!!

For what?

Nigeria’s external debt hits $56 bln in 2016 as interest costs raise concerns

https://naija247news.com/2017/03/09/nigerias-external-debt-rose-38-pct-17-4-trln-naira-2016/

2 Likes 1 Share

Re: Buhari Raises Nigeria Debt Profile To $71.2billion/21.8 Trillion Naira by Nobody: 8:27pm On Mar 14, 2018
$70 billion dollars minus $56 billion dollars is $14 billion dollars... In one year!!

Yet petrol at an all-time high
No visible projects
Only the recommissioning of GEJ's projects!!

8 Likes 1 Share

Re: Buhari Raises Nigeria Debt Profile To $71.2billion/21.8 Trillion Naira by eTECTIVe(m): 8:28pm On Mar 14, 2018
By d tym he's done with us, d Chinese will recolonize us to get back their money and we'll all take up Chinese names.. Some Ppl already dont need new names, na to jus separate am to " Zom bi sarrk" or "zom bi Leo"

20 Likes 1 Share

Re: Buhari Raises Nigeria Debt Profile To $71.2billion/21.8 Trillion Naira by Nobody: 8:29pm On Mar 14, 2018
Patriots let us arise to save our nation from imminent destruction

1 Like

Re: Buhari Raises Nigeria Debt Profile To $71.2billion/21.8 Trillion Naira by Nobody: 8:29pm On Mar 14, 2018
eTECTIVe:
By d tym he's done with us, d Chinese will recolonize us to get back their money and we'll all take up Chinese names..
True!! God forbid.

2 Likes

Re: Buhari Raises Nigeria Debt Profile To $71.2billion/21.8 Trillion Naira by Nobody: 8:31pm On Mar 14, 2018
Lagos Ibadan expressway uncompleted...
Power generation no improvement
School feeding failed
Employment promises failed
Yet $14 billion was borrowed in just a year!!
Buhari why?

11 Likes

Re: Buhari Raises Nigeria Debt Profile To $71.2billion/21.8 Trillion Naira by Nobody: 8:32pm On Mar 14, 2018
PDP appears to be even better... As it stands now.

APC is more corrupt than all PDP governments combined

20 Likes 1 Share

Re: Buhari Raises Nigeria Debt Profile To $71.2billion/21.8 Trillion Naira by Nobody: 8:33pm On Mar 14, 2018
What is Buhari's government and APC doing with the borrowed funds

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Re: Buhari Raises Nigeria Debt Profile To $71.2billion/21.8 Trillion Naira by luvinhubby(m): 8:35pm On Mar 14, 2018
Jeesuuussss !!

8 Likes

Re: Buhari Raises Nigeria Debt Profile To $71.2billion/21.8 Trillion Naira by Nobody: 8:36pm On Mar 14, 2018
luvinhubby:
Jeesuuussss !!
I am more than shocked!!

4 Likes

Re: Buhari Raises Nigeria Debt Profile To $71.2billion/21.8 Trillion Naira by Nobody: 8:37pm On Mar 14, 2018
The biblical prodigal son is a saint compared to this evil government

8 Likes

Re: Buhari Raises Nigeria Debt Profile To $71.2billion/21.8 Trillion Naira by Nobody: 8:40pm On Mar 14, 2018
This is too much

7 Likes

Re: Buhari Raises Nigeria Debt Profile To $71.2billion/21.8 Trillion Naira by omowolewa: 8:41pm On Mar 14, 2018
What did they used it for?

8 Likes 1 Share

Re: Buhari Raises Nigeria Debt Profile To $71.2billion/21.8 Trillion Naira by Nobody: 8:43pm On Mar 14, 2018
omowolewa:
What did they used it for?
Please let us ask them... Lalasticlala move to permanent site

7 Likes

Re: Buhari Raises Nigeria Debt Profile To $71.2billion/21.8 Trillion Naira by Nobody: 9:03pm On Mar 14, 2018
angels09:
$70 billion dollars minus $56 billion dollars is $14 billion dollars... In one year!!

Yet petrol at an all-time high
No visible projects
Only the recommissioning of GEJ's projects!!
Why is it that Nigeria solicits for lumpsum of money yet it has a lot of money looking at its economic size with a huge GDP?

4 Likes

Re: Buhari Raises Nigeria Debt Profile To $71.2billion/21.8 Trillion Naira by Nobody: 9:13pm On Mar 14, 2018
254tobby:

Why is it that Nigeria solicits for lumpsum of money yet it has a lot of money looking at its economic size with a huge GDP?
That would be more difficult to embezzle.

3 Likes

Re: Buhari Raises Nigeria Debt Profile To $71.2billion/21.8 Trillion Naira by Nobody: 9:33pm On Mar 14, 2018
Nothing has changed

2 Likes

Re: Buhari Raises Nigeria Debt Profile To $71.2billion/21.8 Trillion Naira by Nobody: 9:36pm On Mar 14, 2018
...and yet, no capital or human project. angry

6 Likes

Re: Buhari Raises Nigeria Debt Profile To $71.2billion/21.8 Trillion Naira by Nobody: 9:44pm On Mar 14, 2018
CaptainJeffry:
...and yet, no capital or human project. angry
No wonder Babachir Lawal grass cutter asked who's the presidency?
No wonder he cannot be prosecuted

8 Likes

Re: Buhari Raises Nigeria Debt Profile To $71.2billion/21.8 Trillion Naira by Nobody: 9:48pm On Mar 14, 2018
Time to save our nation from APC looters

2 Likes

Re: Buhari Raises Nigeria Debt Profile To $71.2billion/21.8 Trillion Naira by Frankonuche: 10:14pm On Mar 14, 2018
This is not true! I can't believe an unconfirmed report.
It's not coming from a reliable source.
Re: Buhari Raises Nigeria Debt Profile To $71.2billion/21.8 Trillion Naira by dignity33: 10:14pm On Mar 14, 2018
PDP will be saint by the time APC leave office.

7 Likes

Re: Buhari Raises Nigeria Debt Profile To $71.2billion/21.8 Trillion Naira by kabrudrapist: 10:15pm On Mar 14, 2018
This is serious.

5 Likes

Re: Buhari Raises Nigeria Debt Profile To $71.2billion/21.8 Trillion Naira by Oluwabash(m): 10:18pm On Mar 14, 2018
Clap for yourself as you continue to spread falsehood. Contrary to your lies/President Buhari has brought investment to the country. And on the economy, inflation rate has drastically reduced while increase in rice production has hit more than seven million tons.

Be careful of what you post as news.


angels09:
According to public debt office DMO. This must be stopped. No completed projects... nothing to show for it

$70billion Naira!

ABUJA, MARCH 14, 2018 – Nigeria’s total national debt grew to 21.7 trillion naira ($70.92 billion) at the end of December 2017, the director-general of Nigeria’s Debt Management Office told a news briefing on Wednesday. It was 17.36 trillion naira at the end of 2016.

http://govandbusinessjournal.com.ng/nigerias-total-debt-rose-to-21-7-trillion-naira-at-end-of-2017-dmo-says/
Re: Buhari Raises Nigeria Debt Profile To $71.2billion/21.8 Trillion Naira by Oluwabash(m): 10:19pm On Mar 14, 2018
Who disclosed this to you? EFCC, ICPC, or NSA?


[quote autheor=dignity33 post=65844710]PDP will be saint by the time APC leave office. [/quote]
Re: Buhari Raises Nigeria Debt Profile To $71.2billion/21.8 Trillion Naira by Oluwabash(m): 10:20pm On Mar 14, 2018
Mention names and place the names with looted assets or funds...


angels09:
Time to save our nation from APC looters
Re: Buhari Raises Nigeria Debt Profile To $71.2billion/21.8 Trillion Naira by xcolanto(m): 10:20pm On Mar 14, 2018
The amount of looting going on in this APC regime is alarming. Now I know where Yusuf buhari got 100 million to buy power bike.

God save us from the APC destruction!!!

cry cry cry cry cry

4 Likes

Re: Buhari Raises Nigeria Debt Profile To $71.2billion/21.8 Trillion Naira by Nobody: 10:21pm On Mar 14, 2018
xcolanto:
The amount of looting going on in this APC regime is alarming. Now I know where Yusuf buhari got 100 million to buy power bike.

God save us from the APC destruction!!!

cry cry cry cry cry
Amen!!

4 Likes

Re: Buhari Raises Nigeria Debt Profile To $71.2billion/21.8 Trillion Naira by AyubHamza: 10:33pm On Mar 14, 2018
angels09:
According to public debt office DMO. This must be stopped. No completed projects... nothing to show for it

$70billion Naira!

ABUJA, MARCH 14, 2018 – Nigeria’s total national debt grew to 21.7 trillion naira ($70.92 billion) at the end of December 2017, the director-general of Nigeria’s Debt Management Office told a news briefing on Wednesday. It was 17.36 trillion naira at the end of 2016.

http://govandbusinessjournal.com.ng/nigerias-total-debt-rose-to-21-7-trillion-naira-at-end-of-2017-dmo-says/

If you read and believed this trash, you need God's intervention.
Sieve information before you are drawn to wail over falsehood.
Re: Buhari Raises Nigeria Debt Profile To $71.2billion/21.8 Trillion Naira by Nobody: 10:34pm On Mar 14, 2018
AyubHamza:


If you read and believed this trash, you need God's intervention.
Sieve information before you are drawn to wail over falsehood.
Repent before you are doomed to hellfire for lying!

10 Likes

Re: Buhari Raises Nigeria Debt Profile To $71.2billion/21.8 Trillion Naira by Nobody: 10:35pm On Mar 14, 2018
Oluwabash:
Mention names and place the names with looted assets or funds...


No need

4 Likes

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