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Nairaland Forum / Nairaland / General / Politics / Debt Servicing Surpasses Revenue As FG Releases Q1 Fiscal Report (10429 Views)
Nigeria’s Debt Servicing Surpasses Revenue By N310bn / 2022 Budget: Reps Fear Economy Collapse, Says Debt Servicing Too High / FG Releases Circular On Minimum Wage Consequential Adjustment (2) (3) (4)
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Re: Debt Servicing Surpasses Revenue As FG Releases Q1 Fiscal Report by HitRun(m): 5:42am On Jul 22, 2022 |
Nigeria is broke 1 Like 1 Share |
Re: Debt Servicing Surpasses Revenue As FG Releases Q1 Fiscal Report by dmostcheerful(f): 5:43am On Jul 22, 2022 |
Nigeria is gradually heading to a failed nation. If someone with no economic plan for the country comes in after Buhari, someone like the Agbadu and cassava master, Nigeria will finish kpatakpata 1 Like 1 Share |
Re: Debt Servicing Surpasses Revenue As FG Releases Q1 Fiscal Report by AFONJAPIG(m): 5:43am On Jul 22, 2022 |
Buhaha |
Re: Debt Servicing Surpasses Revenue As FG Releases Q1 Fiscal Report by Mrkumareze(m): 5:44am On Jul 22, 2022 |
Moh247: Dis mudafoka again, Chinese rail n Mambila can service its debt, not even to pay.. Sorry to ask, were you born stupid or you inherited it?? 5 Likes 1 Share |
Re: Debt Servicing Surpasses Revenue As FG Releases Q1 Fiscal Report by Moh247: 5:46am On Jul 22, 2022 |
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Re: Debt Servicing Surpasses Revenue As FG Releases Q1 Fiscal Report by AFONJAPIG(m): 5:47am On Jul 22, 2022 |
Blackfire:you are brain dead... anyway nah hunger go humble ediot like you |
Re: Debt Servicing Surpasses Revenue As FG Releases Q1 Fiscal Report by Atarakpa: 5:53am On Jul 22, 2022 |
Hope our presidential aspirants are seeing this? Wahala for incoming president |
Re: Debt Servicing Surpasses Revenue As FG Releases Q1 Fiscal Report by marv1: 6:07am On Jul 22, 2022 |
Brain dead leaders in finance and governance. Too much borrowing has lead us to this. They were seriously warned not to go always borrowing but the ugly and clueless finance minister and CBN governor have grounded the country finally. Kudos to them. 3 Likes 1 Share |
Re: Debt Servicing Surpasses Revenue As FG Releases Q1 Fiscal Report by Nobody: 6:16am On Jul 22, 2022 |
In coming weeks Nigeria will be so broken to the level nobody will ever have a mouth again be watching 1 Like 1 Share
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Re: Debt Servicing Surpasses Revenue As FG Releases Q1 Fiscal Report by tunjijones(m): 6:17am On Jul 22, 2022 |
mrvitalis: So Peter obi will come and clear the debt? You guys are really funny. Peter obi, like every other politicians only have one thing in mind. To enrich themselves and their family. Nigeria is very broke and I don't see things turning around anytime soon. Apart from poverty, we have insecurity. Have you ever stopped for once and sincerely ask yourself how Peter obi will stop kidnapping, banditry and boko Haram if he is elected president? 3 Likes 1 Share |
Re: Debt Servicing Surpasses Revenue As FG Releases Q1 Fiscal Report by Nobody: 6:22am On Jul 22, 2022 |
The only way out of this is for the govt to stop pms subsidy |
Re: Debt Servicing Surpasses Revenue As FG Releases Q1 Fiscal Report by rollywise(m): 6:23am On Jul 22, 2022 |
When Peter Obi was saying these things many that support the agbado project felt he was doing over Sabi with figures. It's obvious now. Yet they are not done burrowing o. The may still be two or three burrowing before the leave office. It's called cashing out! 4 Likes 1 Share |
Re: Debt Servicing Surpasses Revenue As FG Releases Q1 Fiscal Report by CyberHustle: 6:25am On Jul 22, 2022 |
What a news. God please pity Nigerians. 1 Like 1 Share |
Re: Debt Servicing Surpasses Revenue As FG Releases Q1 Fiscal Report by seunayantokun(m): 6:26am On Jul 22, 2022 |
Jessyjeff: Bankrupt, not broke. Let's thank Buhari for a good job. 3 Likes 1 Share |
Re: Debt Servicing Surpasses Revenue As FG Releases Q1 Fiscal Report by nameo: 6:38am On Jul 22, 2022 |
dmostcheerful: We have to get it right in 2023 or we are completely finished. Personally, i have activated plans to japa if 2023 brings more of same. It is now about survival 1 Like 1 Share |
Re: Debt Servicing Surpasses Revenue As FG Releases Q1 Fiscal Report by MondayOsunbor(m): 6:39am On Jul 22, 2022 |
dre11: NIGERIA IS IN SERIOUS PROBLEM |
Re: Debt Servicing Surpasses Revenue As FG Releases Q1 Fiscal Report by nameo: 6:43am On Jul 22, 2022 |
tunjijones: You are right that things will really be difficult in 2023 regardless of who becomes President. But what we need most now is for Confidence and a complete course correction to happen i Nigeria and its economy. That, and serious cost cutting, is the only hope for Nigeria at this point. And Peter Obi seem to be the only of the 4 Big Presidential candidates that is close to providing this But you are right. Even with him, it will be very difficult. The situation is so bleeping terrible 4 Likes 2 Shares |
Re: Debt Servicing Surpasses Revenue As FG Releases Q1 Fiscal Report by nedekid: 6:46am On Jul 22, 2022 |
Hmm, did not bother reading it so it does not depress one this early morning. This apc gang has driven us to bankruptcy! And we are the cause of it all! Voting on tribe instead of competence. Even a bad and currupt Atiku years 2015 with the little business knowledge he knows wount have run this country to the ground as this heardsman has done. Now we are in bankruptcy, the likelyhood is that we will default in paying our debt bringing us to junk status. Do folks understand what that means? If they do, yet and yet again, people want to vote on tribe to bring in the apc and a fellow that continuously thinks of agbado, cassava, garri etc, claiming it is their turn. Not competence oh. A faaji loving high taste, private jet, chop life fellow with questionable past to finally chop all the remaining crumbs, then after the country is finished, hop on the jet and relocate to France while we burn here. The other fellow relocates to Dubai too with his new Arab wife. Well 2023 is here and those that have sense will vote wisely. Those that have plan B, should activate it. 1 Like 2 Shares |
Re: Debt Servicing Surpasses Revenue As FG Releases Q1 Fiscal Report by storm001(m): 6:49am On Jul 22, 2022 |
They should keep borrowing. Rubber stamp Lawan. 1 Like 1 Share |
Re: Debt Servicing Surpasses Revenue As FG Releases Q1 Fiscal Report by mrvitalis(m): 6:51am On Jul 22, 2022 |
tunjijones:Obi is not like any other politician ...you can keep telling yourself otherwise in other to feel good Obi is the only politician we know that became poorer after joining politics What does obi own now that he didn't own in 2006 ? ... obi is from a very very rich family money doesn't freak him like your poorer (mindsets) politician Can obi clear the debt ? He has demonstrated such capabilities in Anambra ...he has proven to be a good manager of public funds and that's what Nigeria needs now 1 Like 1 Share |
Re: Debt Servicing Surpasses Revenue As FG Releases Q1 Fiscal Report by tunjijones(m): 6:53am On Jul 22, 2022 |
nameo: It's a lie. Peter obi will not cut any cost. APC said more than that when they were in opposition. It's when you enter aso rock the reality will now dawn on you. Do you think Buhari doesn't want to do right? Do you think he doesn't want his name to be the one that turned Nigeria around for good. He actually want that but he is just clueless on how to go about it same with Jonathan. Bros prepare yourself, things wld get worse. The only thing that can change the course of Nigeria is if this system of governance is abolished. Let's go back to regional style of government just like it's done in the us. But wld Peter obi have the political will to restructure the country? The answer is no. 4 Likes 1 Share |
Re: Debt Servicing Surpasses Revenue As FG Releases Q1 Fiscal Report by tunjijones(m): 6:56am On Jul 22, 2022 |
mrvitalis: Guy, can you be sincere with yourself for once? Nigeria is very broke and insecurity is at its peak. Kidnapping is a very lucrative business now. How wld Peter obi stop that? Ok if he wins how many senators or house of rep wld be on his side to sign his bills and all that. Pls you guys should be objective and stop being emotional. |
Re: Debt Servicing Surpasses Revenue As FG Releases Q1 Fiscal Report by tuoyoojo(m): 6:57am On Jul 22, 2022 |
Those supporting this government, I have you have ur visas for you ,your family and your relatives. What does APC want to use to campaign, continue from where the failure stopped Like what PO said, poverty and bad governance knows no tribe or region. What would it benefit you when the 30,500 they pay you every month gets finished. Then you would be complaining, whereas na u join bring them come Nigeria is going, help your country 3 Likes |
Re: Debt Servicing Surpasses Revenue As FG Releases Q1 Fiscal Report by nameo: 6:58am On Jul 22, 2022 |
tunjijones: Peter Obi actually cut cost massively in Anambra. And it seems that that is his personal character even way before he became Gov. This is not surprising as that is how i am personally: i hate superflous and unnecessary spending. I agree that Nigeria is in deep straits sha. 1 Like |
Re: Debt Servicing Surpasses Revenue As FG Releases Q1 Fiscal Report by omenka(m): 7:02am On Jul 22, 2022 |
This is the most disgusting and frightening news I've read about this country in recent times. Buhari, there's no excusing this one. It is horrible as can be. 1 Like |
Re: Debt Servicing Surpasses Revenue As FG Releases Q1 Fiscal Report by Honjoshy4u: 7:03am On Jul 22, 2022 |
Buhari, Osinbajo, APC and Tinubu has crippled Nigeria 1 Like |
Re: Debt Servicing Surpasses Revenue As FG Releases Q1 Fiscal Report by MondayOsunbor(m): 7:07am On Jul 22, 2022 |
nameo: oga it is already too late let me explain SERVICING DEBT (INTEREST ON A LOAN ) IS MORE THAN EARNNING |
Re: Debt Servicing Surpasses Revenue As FG Releases Q1 Fiscal Report by MondayOsunbor(m): 7:08am On Jul 22, 2022 |
nameo: PETER OBI IS NOT A MAGICIAN WE WILL ALL SUFFER WELL WELL BEFORE IT GET BETTER IF IT WILL EVEN |
Re: Debt Servicing Surpasses Revenue As FG Releases Q1 Fiscal Report by nnewsnjobs: 7:10am On Jul 22, 2022 |
Am just pitying the next president because what is on ground would make it very difficult for him to perform. This administration borrowed so much money and we can't really feel the effects of the borrowed money. Now the country is soak in that dept, to borrow another one now would be wahala because we don reach our maximum limit. 1 Like |
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