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Nairaland Forum / Nairaland / General / Politics / Obasanjo decries Nigeria’s rising debts, low FDI (14159 Views)
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Obasanjo decries Nigeria’s rising debts, low FDI by adenigga(m): 5:16am On Aug 22, 2021 |
Former President Olusegun Obasanjo has expressed worry over the way states and the Federal Government are accumulating debts as well as over the low foreign direct investment into the country.Source: https://punchng.com/Obasanjo-decries-Nigerias-rising-debts-low-FDI 4 Likes
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Re: Obasanjo decries Nigeria’s rising debts, low FDI by HandsomeHITLER(m): 5:21am On Aug 22, 2021 |
As if he also didn't steal some. I'm not saying he's wrong, but he's guilty all the same, just too old to be ashamed. To me they're all guilty! Debt or Theft; the effect is the same!!! For those of you mentioning... I am not a Buhari follower! God knows I hate the man. I'm only arguing that these old men dragged Nigeria down. Obj is simply a lesser evil. Of the two I'll choose Obj any day, twice on a Wednesday evening self. Debt and Theft are some of the problems eating Nigeria alive. 29 Likes 6 Shares |
Re: Obasanjo decries Nigeria’s rising debts, low FDI by kingsman66(m): 5:26am On Aug 22, 2021 |
But why 1 Like |
Re: Obasanjo decries Nigeria’s rising debts, low FDI by Bizibi(m): 5:38am On Aug 22, 2021 |
Very low!!!! 2 Likes |
Re: Obasanjo decries Nigeria’s rising debts, low FDI by Racoon(m): 5:40am On Aug 22, 2021 |
The dangerous trajectory of the debts has manifested in a spike in the debt service-to-revenue ratio.Debt servicing consumed most of the govt revenues in 2020...Nigeria’s position is doubly precarious.https://punchng.com/debt-is-sinking-the-economy/ Thought the clueless finance minister and the overfed buffon stooge "we will approve it" senate president-Ahmed Lawan all said Nigeria must continue to borrow? Debt serving is a clueless and unfeasible economic policy but the stupid government will never take heed to minimize Nigeria's chronic debt pillage. 23 Likes 1 Share |
Re: Obasanjo decries Nigeria’s rising debts, low FDI by complexBoss12: 5:44am On Aug 22, 2021 |
Buhari doesn't care whether Nigeria thrives or burns, just give Fulani your lands, govern Nigeria with Sharia law and elect a Fulani Emir in ur communities and everybody will have Peace. Don't forget to convert to Islam! 73 Likes 6 Shares |
Re: Obasanjo decries Nigeria’s rising debts, low FDI by donpapa(m): 5:49am On Aug 22, 2021 |
Re: Obasanjo decries Nigeria’s rising debts, low FDI by Nobody: 5:49am On Aug 22, 2021 |
When the price of what we sell falls below sustenance level...we get into debt. Throw in low taxation level...and we get into debt. Nigeria needs to be more productive, and also needs to stop spending money a-subsidizing, and improve taxation, and fight corruption.....then we would see some improvement. APC on the other hand is waiting for oil prices to shoot up again... The fact is, one cannot build a successful economy on selling resources...you got to use them to be prosperous. 10 Likes |
Re: Obasanjo decries Nigeria’s rising debts, low FDI by HenryThegreat1(m): 5:50am On Aug 22, 2021 |
All thanks to disaster Buhari and his team of incompetent cabinet. 19 Likes 1 Share |
Re: Obasanjo decries Nigeria’s rising debts, low FDI by Yemi4real3(m): 5:50am On Aug 22, 2021 |
Fulani they very desperate 4 Likes |
Re: Obasanjo decries Nigeria’s rising debts, low FDI by karkel(m): 5:53am On Aug 22, 2021 |
Baba contest again am sure you will win so you clear debts again 3 Likes |
Re: Obasanjo decries Nigeria’s rising debts, low FDI by taretoofine(m): 5:58am On Aug 22, 2021 |
Pickin wey dem flog 5 cane say na 4 go explain where the remaining one cane go.... Every body dey talk you feel say u Sabi...you know you're 79 pity us wey get more years If them do naija d way u do your own shey you go fit see chair sitdown for asorock. 1 Like |
Re: Obasanjo decries Nigeria’s rising debts, low FDI by Afritop(m): 6:01am On Aug 22, 2021 |
Much of it have been siphoned to bandits and kidnappers 7 Likes 1 Share |
Re: Obasanjo decries Nigeria’s rising debts, low FDI by Seniorwriter(m): 6:05am On Aug 22, 2021 |
SMH @the moronic online and offline urchins that still support this clueless incompetent buhari led corruption and terrorists infested maladministration! Very pathetic. WE NEED YOUNG VISIONARY LEADERS COME 2023! @SENIORWRITER 4 Likes |
Re: Obasanjo decries Nigeria’s rising debts, low FDI by Naija147: 6:07am On Aug 22, 2021 |
Buhari is an illiterate, he is deaf and he does not listen to anyone. Their aim is to impoverish Nigerians so that whatever they give us we will accept it. There is an agenda 17 Likes 2 Shares |
Re: Obasanjo decries Nigeria’s rising debts, low FDI by muller101(m): 6:09am On Aug 22, 2021 |
Zombies will tactically avoid the thread. 11 Likes |
Re: Obasanjo decries Nigeria’s rising debts, low FDI by Naija147: 6:11am On Aug 22, 2021 |
muller101: Let’s wait and see if the VULTUREBBQGRILLER will stop here like he usually does when the lying machine lies 8 Likes |
Re: Obasanjo decries Nigeria’s rising debts, low FDI by Hezmatosky: 6:12am On Aug 22, 2021 |
All have sinned, too late to cry. Leave us let's continue to carry our cross |
Re: Obasanjo decries Nigeria’s rising debts, low FDI by ecolime(m): 6:14am On Aug 22, 2021 |
HandsomeHITLER:Stop exposing your stupidity online. 13 Likes 1 Share
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Re: Obasanjo decries Nigeria’s rising debts, low FDI by Afamsi: 6:17am On Aug 22, 2021 |
Buhari is a Taliban, the only thing that troubles his heart is how to take over southern Nigeria and islamise the country.. And this is the reason he said he can't afford to leave office a failure. This also is the reason he is pushing so hard to implement grazing reserve all over the federation. The well-being of Nigerians is the least of his headaches. 2 Likes |
Re: Obasanjo decries Nigeria’s rising debts, low FDI by harmargedon: 6:17am On Aug 22, 2021 |
He is the major problem of Nigeria. |
Re: Obasanjo decries Nigeria’s rising debts, low FDI by ipobarethieves: 6:17am On Aug 22, 2021 |
Thanks to all our Dansiki fashion designer |
Re: Obasanjo decries Nigeria’s rising debts, low FDI by kudinkarfe: 6:18am On Aug 22, 2021 |
Baba Obasanjo should not talk again. He knows that his friend Pa Bubu has poor economy management and he forced him on us by forcing Good luck out of office for reason best known to Baba. When Pa Bubu is done with this country Katsina and Sokoto will break out of Nigeria and join Niger where they are keeping the loot. 6 Likes |
Re: Obasanjo decries Nigeria’s rising debts, low FDI by Nobody: 6:18am On Aug 22, 2021 |
At least we know foreign investors such as DSTV, ShopRite, MTN and co came into Nigeria during OBJ's tenure as president of Nigeria. But I'm yet to see a single foreign investor that has birthed itself on our shores for the past 10 years. Nigeria has one of the worst business environments for foreign investors, and why? Because most of our headlines being displayed on the media to the global audience has more negative content than positive content. Nigeria is being promoted to foreign investors as an unlivable country bedevilled by insecurity, crime, political instability, bad roads and no electricity. And that's why Ghana has suddenly become the investor's paradise in West Africa. Last time I checked, 1 cedi = 0.17 $US as at this morning Nigeria can continue on this path to eternal doom. We'll be here to give the country a warm farewell 17 Likes 3 Shares |
Re: Obasanjo decries Nigeria’s rising debts, low FDI by blackpanda: 6:18am On Aug 22, 2021 |
Racoon: All y'all are good at is to insult. If they give u opportunity now u won't do any better |
Re: Obasanjo decries Nigeria’s rising debts, low FDI by Cantonese: 6:19am On Aug 22, 2021 |
Very terrible. Unfortunately some still hold on to the fake stories sold to them by APC before 2015. It is very clear to everyone who thinks appropriately that this country has been set back many years in all facets. Our wish should be that we get good leaders who are willing to move us forward. We need to get decent professionals into politics to hold the positions and not professional politicians. 4 Likes |
Re: Obasanjo decries Nigeria’s rising debts, low FDI by blackpanda: 6:21am On Aug 22, 2021 |
Smartini: So are u not part of the problem now. You are complaining about image while at the same time destroying d same image and wishing the country bad. Smh |
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