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If Nigeria Were A Business Entity, It Would've Been Sold To Pay Debt - Imumolen - Politics - Nairaland

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If Nigeria Were A Business Entity, It Would've Been Sold To Pay Debt - Imumolen by Afro3: 2:23pm On Oct 24, 2022
If Nigeria Was A Business Entity, It Would've Been Sold To Pay Its Debt — Prof. Imumolen


https://www.youtube.com/watch?v=2DoaeHd3_Vo

The presidential candidate of Accord Party, Prof Chris Imumolen has said if Nigeria was a company, it would have been sold along with its entities to service the debts it's currently owing.

While decrying that over a hundred percent of the country's revenue is being used to service debts, the presidential candidate said the next president of the country will face the toughest job ever.

Addressing supporters in Abuja recently, Prof. Imumolen therefore note that the next president of the country should be someone who has the passion and value to rescue it.

"If Nigeria was to be a company, the option would have been to declare a bankruptcy or to sell the company and its entity to pay the whole debt" he said.

He therefore insists that the country's president in 2023 should not be elected on tribal or religious considerations but on capacity of individuals to rescue the country.

While offering himself as one that has what it takes to lead the country, Prof. Imumolen said he is passionate about the country and has brought value even before joining politics.

"When I say I have imparted so much on education, people doubt it. I don't think in the history of this country, there has been any man who has imparted in education as much as Prof. Chris.

"You can go and research it, you go and check it. You may not know about it because I have not been making too much noise about it, I have been doing it as a result of passion and value.

"There is no state in Nigeria — in Kaduna, in Kano, in Zamfara, in Yobe that I don't have students up to a thousand in my scholarship board" he said.

According to him, there is no state in Nigeria where about 5000 persons have not benefitted from his scholarship scheme, adding that it is not for politics but passion.

He insists that education is the stimulating tool to position Nigeria to compete internationally.

Prof. Imumolen therefore said time has come for the country to produce leaders that will add value, treat the people with so much respect and see every citizen as humans.

He said that is what he represents, urging for the support of all Nigerians to help him become the president in 2023.

5 Likes

Re: If Nigeria Were A Business Entity, It Would've Been Sold To Pay Debt - Imumolen by SmartPolician: 2:27pm On Oct 24, 2022
These people need to join forces with Labour Party to beat the visionless APC because the new APC criminals gearing to take over in 2023 can pay as high as 20k per voter to buy votes since BIVAS doesn't give room for rigging.

63 Likes 1 Share

Re: If Nigeria Were A Business Entity, It Would've Been Sold To Pay Debt - Imumolen by Lereba(m): 3:39pm On Oct 24, 2022
SmartPolician:
These people need to join forces with Labour Party to topple the visionless APC because the new APC criminals gearing to take over in 2023 can pay as high as 20k per voter to buy votes since BIVAS doesn't give room for rigging.

APC criminals grin

24 Likes

Re: If Nigeria Were A Business Entity, It Would've Been Sold To Pay Debt - Imumolen by NwaNimo1(m): 3:39pm On Oct 24, 2022
What fool would buy Nigeria?

[img]https://giffiles./216/216347.gif[/img]

39 Likes

Re: If Nigeria Were A Business Entity, It Would've Been Sold To Pay Debt - Imumolen by saferoom: 3:39pm On Oct 24, 2022
Lol
Re: If Nigeria Were A Business Entity, It Would've Been Sold To Pay Debt - Imumolen by ecolime(m): 3:39pm On Oct 24, 2022
For those supporting Tinubu, Buhari & APC, may God turn your lives the same way they are handling the affairs of Nigeria.

Amen

65 Likes 4 Shares

Re: If Nigeria Were A Business Entity, It Would've Been Sold To Pay Debt - Imumolen by Nobody: 3:39pm On Oct 24, 2022
APC. See what you people have done. Una wan come do another one. Not in this Nigeria. We dash you local government chairman position if you promise to behave.

11 Likes

Re: If Nigeria Were A Business Entity, It Would've Been Sold To Pay Debt - Imumolen by Afamed: 3:39pm On Oct 24, 2022
What about America with over $31 Trillion debt? Perharp America would have been sold 31 trillion times

55 Likes 2 Shares

Re: If Nigeria Were A Business Entity, It Would've Been Sold To Pay Debt - Imumolen by ATEAMS: 3:39pm On Oct 24, 2022


He meant APC have sold Nigeria ?

3 Likes

Re: If Nigeria Were A Business Entity, It Would've Been Sold To Pay Debt - Imumolen by money121(m): 3:41pm On Oct 24, 2022
Ok
Re: If Nigeria Were A Business Entity, It Would've Been Sold To Pay Debt - Imumolen by Bigleaf1006: 3:41pm On Oct 24, 2022
What better option do you have sir,let's know....its not all about criticism

1 Share

Re: If Nigeria Were A Business Entity, It Would've Been Sold To Pay Debt - Imumolen by Macphenson: 3:41pm On Oct 24, 2022
All thanks to Buhari's calamitous, nepotic, incompetent and disastrous rule.

Buhari is not qualified to be a whatsapp group administrator but Tinubu foisted him on hapless Nigerians. Today everybody has been dully served breakfast.

The most annoying and irritating part of the whole thing is that Tinubu who should be apologising to Nigerians telling us it is his own turn to continue wrecking Nigeria.

6 Likes

Re: If Nigeria Were A Business Entity, It Would've Been Sold To Pay Debt - Imumolen by kushma(m): 3:42pm On Oct 24, 2022
All thanks to Buhari that came and made the debt more worse and some people are still repackaging Tinubu that is Buhari pro max to become the president.
Please let’s vote for a better future

4 Likes

Re: If Nigeria Were A Business Entity, It Would've Been Sold To Pay Debt - Imumolen by Nobody: 3:42pm On Oct 24, 2022
Afamed:
What about America with over $31 Trillion debt? Perharp America would have ben sold 31 trillion times

Lol...is this a joke? What does your country produce. How will it pay back? Comparison with US shows APC is not in tune with reality. Maybe it is the agbado causing it sha

32 Likes

Re: If Nigeria Were A Business Entity, It Would've Been Sold To Pay Debt - Imumolen by TrittNG: 3:43pm On Oct 24, 2022
TritNG:
There is severe economic hardship in Canada. The rate of unemployment is also very high.
The health system is crippled.
If you want to 'japa', follow who know road. Maybe do Yahoo. When you live amongst them for a while, you'll notice the cognitive and intellectual decline of Westerners.
Westerners make up the majority of Canada's population.
The Westerners invaded Canada, subjugated the indigenous people and displaced them to become the majority population. Since then, the indigenous people of Canada have lived under repression & oppression.
The invaders/occupiers have refused to go back to their barren land in Europe.
Read about the residential schools in Canada, it still continues till this day under different guises.
Re: If Nigeria Were A Business Entity, It Would've Been Sold To Pay Debt - Imumolen by Godstiger(m): 3:43pm On Oct 24, 2022
Is it not sold already, the con3 is just on camouflage

3 Likes

Re: If Nigeria Were A Business Entity, It Would've Been Sold To Pay Debt - Imumolen by Kitotevhaosjs: 3:43pm On Oct 24, 2022
Ok

Re: If Nigeria Were A Business Entity, It Would've Been Sold To Pay Debt - Imumolen by Nobody: 3:43pm On Oct 24, 2022
angry angry angry I no see Naija undecided undecided undecided

56 Likes

Re: If Nigeria Were A Business Entity, It Would've Been Sold To Pay Debt - Imumolen by bigdammyj: 3:43pm On Oct 24, 2022
Noted.
Re: If Nigeria Were A Business Entity, It Would've Been Sold To Pay Debt - Imumolen by utenwuson: 3:43pm On Oct 24, 2022
Everyone talking nonsense....
USA is oweing more money compare to all African countries combined, and they re still the world power, its bit about dept, no country is having it easy right now, in fact Nigeria is one of the cheapest country to live in, try study medicine in federal universities and havard, you will know you can't use times 300 of your tuition fee in ABU to pay one year fee over there, petrol is now 2.5 pounds per litre in UK, that's 1500,

3 Likes 2 Shares

Re: If Nigeria Were A Business Entity, It Would've Been Sold To Pay Debt - Imumolen by penta(m): 3:43pm On Oct 24, 2022
SmartPolician:
These people need to join forces with Labour Party to topple the visionless APC because the new APC criminals gearing to take over in 2023 can pay as high as 20k per voter to buy votes since BIVAS doesn't give room for rigging.

Re: If Nigeria Were A Business Entity, It Would've Been Sold To Pay Debt - Imumolen by PointZerom: 3:43pm On Oct 24, 2022
cheesy

Illiterate Thifnubu will say print more money...hahahaha

5 Likes

Re: If Nigeria Were A Business Entity, It Would've Been Sold To Pay Debt - Imumolen by socialmediaman: 3:44pm On Oct 24, 2022
Re: If Nigeria Were A Business Entity, It Would've Been Sold To Pay Debt - Imumolen by Nobody: 3:44pm On Oct 24, 2022
[quote author=TrittNG post=117838629][/quote]

APC is known for lying....

3 Likes

Re: If Nigeria Were A Business Entity, It Would've Been Sold To Pay Debt - Imumolen by MoneyMustBMade(m): 3:44pm On Oct 24, 2022
Afamed:
What about America with over $31 Trillion debt? Perharp America would have been sold 31 trillion times

Google what you're saying on google and check the gdp of this nation and you will understand what his saying.

6 Likes

Re: If Nigeria Were A Business Entity, It Would've Been Sold To Pay Debt - Imumolen by inoki247: 3:44pm On Oct 24, 2022
lol who wan buy iron Condemn na so everybody go dey make mouth see Nigeria problem dem go reach dere nd b clueless....
Re: If Nigeria Were A Business Entity, It Would've Been Sold To Pay Debt - Imumolen by Lifestone(m): 3:45pm On Oct 24, 2022
Nope he's wrong. If Nigeria is a company, the shareholder will hire a competent Chief Executive who is capable of bringing out the best from her huge assets and human resources. They will hire the Chief Executive not based on tribal or religion sentiment but purely on merit.
This is the challenge before Nigeria as we go to the poll in 2023 to hire a new Chief executive

4 Likes

Re: If Nigeria Were A Business Entity, It Would've Been Sold To Pay Debt - Imumolen by Softmirror: 3:45pm On Oct 24, 2022
undecided

PROFESSOR WEY NO SABI


Afamed:
What about America with over $31 Trillion debt? Perharp America would have been sold 31 trillion times

1 Like

Re: If Nigeria Were A Business Entity, It Would've Been Sold To Pay Debt - Imumolen by voltron14: 3:45pm On Oct 24, 2022
Reinaldo:
APC. See what you people have done. Una wan come do another one. Not in this Nigeria. We dash you local government chairman position if you promise to behave.

May your life be like Anambra state especially on Mondays.

Amen.

2 Likes

Re: If Nigeria Were A Business Entity, It Would've Been Sold To Pay Debt - Imumolen by Afamed: 3:45pm On Oct 24, 2022
Reinaldo:


Lol...is this a joke? What does your country produce. How will it pay back? Comparison with US shows APC is not in tune with reality. Maybe it is the agbado causing it sha

And where has the Govt defaulted in paying back yearly or month? That is a question any sane person should ask

48 Likes

Re: If Nigeria Were A Business Entity, It Would've Been Sold To Pay Debt - Imumolen by MasterJayJay: 3:45pm On Oct 24, 2022
Afamed:
What about America with over $31 Trillion debt? Perharp America would have been sold 31 trillion times

Those defending Buhari's chronic borrowing keep telling us that USA and co also borrow. Have you checked how much they spent on debt servicing?

6.8 trillion dollars was USA budget for 2021. USA spent 300 billion dollars on debt servicing. That means they spent 4.4% of national budget to service debt.

Nigeria will spend about 21% of the national budget to service debt in 2022.

A poor country spending 21% to service debt VS a rich country spending 4.4% to service debt.

7 Likes 1 Share

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