Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,197,268 members, 7,964,182 topics. Date: Wednesday, 02 October 2024 at 09:32 AM |
Nairaland Forum / Nairaland / General / Politics / Obasanjo Says Nigeria Faces Impending Bankruptcy (27526 Views)
Tension In Kano As Ganduje Faces Impending Arraignment On April 17 / FG Admits Revenues Crashing, Says Nigeria Faces Hard Times / Nigeria Faces Worst Recession In 40 Years – World Bank (2) (3) (4)
(1) (2) (3) (4) (5) (6) (7) (Reply) (Go Down)
Obasanjo Says Nigeria Faces Impending Bankruptcy by Kwanza: 7:29pm On Dec 27, 2019 |
President Olusegun Obasanjo on Friday in Lagos expressed deep concern about Nigeria’s current debt profile and warned the Federal Government against “impending bankruptcy.”https://m.guardian.ng/breakingnews/nigeria-faces-impending-bankruptcy-says-obasanjo/ 42 Likes 6 Shares
|
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by SLAP44: 7:31pm On Dec 27, 2019 |
Ok 1 Like |
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by TUANKU(m): 7:34pm On Dec 27, 2019 |
But buhari/apc supporters are too blind with sentiment to see this till it's too late by then they will become victims of the same man they supported blindly. 149 Likes 15 Shares |
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by Olatunji1929: 7:36pm On Dec 27, 2019 |
baba go slow and zombies have only one agenda to plunge this nation into eternal debt 122 Likes 14 Shares |
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by helinues: 7:37pm On Dec 27, 2019 |
So we read |
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by TooMuchStuff: 7:50pm On Dec 27, 2019 |
The Olodo president won't even understand all these things OBJ is taking about. They only know how to 'pait Kwarapshan' with Fulanization and Islamisation agenda. Bye bye to yeye 96 Likes 5 Shares |
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by four44: 8:01pm On Dec 27, 2019 |
Everybody known that now, coz the rate at which this Fulani man is borrowing, may be in the next 5 to 10yrs China will start claiming every part of Nigeria, that is why l am trying everything possible to japa from this country because China no value human life oo 116 Likes 9 Shares |
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by yarimo(m): 8:30pm On Dec 27, 2019 |
After you have bankrupts it abi? nonsense 17 Likes 8 Shares |
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by Sunofgod(m): 8:31pm On Dec 27, 2019 |
Pending? Nigeria is already financially and morally bankrupt! 11 Likes 1 Share |
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by aolawale025: 8:32pm On Dec 27, 2019 |
Sadly NASS approved the $30b request 38 Likes 3 Shares |
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by Racoon(m): 8:34pm On Dec 27, 2019 |
The Buharinomic voodoo economics does not work on spendthrift but debt pillage, senseless taxation and incongruent economic policies. 55 Likes 3 Shares
|
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by spy24(m): 9:34pm On Dec 27, 2019 |
If not for ethnicity and religious bias people like buhari would not even contest primary election but what do I know Nigeria is the reverse of every thing on this globe 135 Likes 9 Shares |
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by AstralBody: 9:42pm On Dec 27, 2019 |
As a lover of a separate State (Biafra),we pray that Nigeria becomes obsolete n the rest of them idiots shouting one Nigeria,can go n meet d north so that they can keep fuccking! Stupid country! 51 Likes 5 Shares |
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by amc: 10:33pm On Dec 27, 2019 |
https://www.pmnewsnigeria.com/2019/12/27/obasanjo-gets-nigerias-external-debt-figures-wrong/ Obasanjo gets Nigeria’s external debt figures wrong 1 Like |
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by nameo: 10:52pm On Dec 27, 2019 |
yarimo: Did you read what he said in the article? You do know that partisanship has its limits right?? 84 Likes 3 Shares |
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by lilianofentse(f): 11:10pm On Dec 27, 2019 |
Africans should stop this borrowing. Owing debts is like modern day enslaving of black countries by the whites! It's a trap 57 Likes 4 Shares |
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by Kingspin(m): 11:13pm On Dec 27, 2019 |
Because we have been eating/spending without investment accountability. In Nigeria, a ministry can spend 10billion but revenue coming from the same ministry is 100million. Which business can survive such? If Nigeria is a company must it has folded up a very long time ago. 34 Likes 1 Share |
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by Kingspin(m): 11:13pm On Dec 27, 2019 |
. |
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by Auxtin85(m): 6:55am On Dec 29, 2019 |
Aboki nor go listen 15 Likes |
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by itsme01: 6:56am On Dec 29, 2019 |
nonsense talk oga pay back the 16 billion dollars you stole.. Is it not stupidity that makes Africans join IMF, World Bank, Paris club and demonstrate our commitment yet we are afraid to take single digit loans to fund critical infrastructures like US does? If FG builts a mega power plant that can generate 3000 mega watt of power in each region through loan and borrowing and get steel complex like Ajaokuta working Nigeria would become super developed in less than 5 years and money we generate from power would pay back the loans and give us extra income Small Rwanda and Ghana are leaving Big for nothing Nigeria behind through infrastructural Loans plans with National debt higher than Nigeria's yet we speak grammer everyday without taking any action . 14 Likes 4 Shares
|
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by Kreamie(m): 6:56am On Dec 29, 2019 |
This man should give it a rest. 3 Likes |
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by darthv: 6:57am On Dec 29, 2019 |
Is Nigeria not already bankrupt 6 Likes |
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by Bossontop(m): 6:57am On Dec 29, 2019 |
6 Likes
|
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by AkunaAtakasi: 6:57am On Dec 29, 2019 |
[s] itsme01:[/s] 9 Likes 1 Share |
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by ican2020: 6:58am On Dec 29, 2019 |
You and other zombies forced this granny on us, so, enjoy the free fall 8 Likes 1 Share |
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by Lynx001: 6:58am On Dec 29, 2019 |
. someone help me out. This 2trillion we are removing from our budget are we paying back our debt or we are servicing it. Is there difference btw servicing debt and repaying. Very soon we will start seeing something lyk. Your account 311XXXXX17 has been debited with 20,000.desc/repay nigeria's debt with china. avail bal:1080. 43 Likes |
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by ZombieTERROR: 6:58am On Dec 29, 2019 |
Buhari destiny is to bankrupt and wreck the country..... Increase her debt profile while zombies cheer him on.. Buhari has nothing to offer the country A man full of tribalism and religious bigotry A wicked dullard who can't obey court orders Buhari is evil personified and those who support him are worse than Ebola 44 Likes 6 Shares |
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by ValCon888: 6:59am On Dec 29, 2019 |
Says one of the people that bankrupted us. I have used Big Data to study the algorithm for Nigeria, and I'm not surprised to see how bleak and hopeless the future is. Nigerians yet unborn are going to curse these generation of leaders for putting them under crippling debt. 2 Likes 1 Share |
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by luluosas(m): 6:59am On Dec 29, 2019 |
How? Modified. Yeah, our unrestrained appetite for borrowing will see the end of the entity called Nigeria. And Buhari careless what become of Nigeria after 2023. In fact, his budgets for 2021-2023 will be finance by borrowing. Just watch out. By the way, is CBN not central to the borrowing plan of the federal government? Just asking ooooooo 3 Likes |
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by jesicajonna(m): 6:59am On Dec 29, 2019 |
Happy Sunday |
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by VirginSearcher(m): 6:59am On Dec 29, 2019 |
yarimo:I swear u don't have sense at all, an important issue will be raised and y'all will be saying trash. Did OBJ leave any debt for Nigeria before he left?.. start reasoning like a human being 2020 is close 64 Likes 3 Shares |
Re: Obasanjo Says Nigeria Faces Impending Bankruptcy by Nobody: 6:59am On Dec 29, 2019 |
Yes we do because 95% of our revenue is from oil, we produce 2.2 million barrels of it a day, and we have to share the revenue amongst 200 million people. We have been always at the verge of bankurptcy, even when OBJ was ruling...we just used high oil prices during his regime to mask it. Nigeria also refuses to cut spending...excess spending...and corruption...and refuses to take steps to remove wasteful things like subsidy, TraderMoni, N-power, etc. 15 Likes 1 Share |
(1) (2) (3) (4) (5) (6) (7) (Reply)
Rivers: Ex-LG Chairman Who Insulted Fubara, Calls On Police To Arrest Militant / Gbajabiamila Apologises Over Harvard Enrollment Tweet / Women Hold Solidarity Walk For Tinubu In Abeokuta (Video)
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 55 |