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Nairaland Forum / Nairaland / General / Politics / Nigeria’s Debt Jumps By 75% In Three Months, Hits N87 Trillion (14112 Views)
Nigeria’s Total Public Debt Jumps By 15.64% To ₦33.107 Trillion – DMO / Investment In Nigeria Rises By 75% In Q1, 2021 / 13.5m Nigerians Voted Without PVC In 2015 – 75% In States Won By Buhari - Cable (2) (3) (4)
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Re: Nigeria’s Debt Jumps By 75% In Three Months, Hits N87 Trillion by Curious346: 5:44am On Sep 15, 2023 |
Nigeria is gone 1 Like |
Re: Nigeria’s Debt Jumps By 75% In Three Months, Hits N87 Trillion by OYEDIPE(m): 5:46am On Sep 15, 2023 |
AntiWailer:Though it sounds odd, your analysis explains it all. God bless you. |
Re: Nigeria’s Debt Jumps By 75% In Three Months, Hits N87 Trillion by OYEDIPE(m): 5:47am On Sep 15, 2023 |
Curious346:Nigeria is gone to you. 1 Like 1 Share |
Re: Nigeria’s Debt Jumps By 75% In Three Months, Hits N87 Trillion by nairalanda1(m): 5:53am On Sep 15, 2023 |
AntiWailer: Good explanation, but ultimately, the fault lies in the APC government doing nothing about our dependency on oil, and in particular not improving tax uptake, as they promised Your boy Tinubu has work to do. A lot of work. I pity anyone who wants to be president of Nigeria right now. Work dey. 4 Likes 1 Share |
Re: Nigeria’s Debt Jumps By 75% In Three Months, Hits N87 Trillion by nairalanda1(m): 5:56am On Sep 15, 2023 |
Speaking further, MPC member, Adenikinju, noted that while debt is an issue, work needs to be done in raising the country’s revenue. Again, it boils down to revenue...revenue. We don't have enough money. The stealing and corruption and padding makes it even worse self. But ultimately, revenue. |
Re: Nigeria’s Debt Jumps By 75% In Three Months, Hits N87 Trillion by MrsTwrite(f): 5:57am On Sep 15, 2023 |
Hmmm... |
Re: Nigeria’s Debt Jumps By 75% In Three Months, Hits N87 Trillion by adenigga(m): 5:58am On Sep 15, 2023 |
Ogonimilitant:Indeed!!! |
Re: Nigeria’s Debt Jumps By 75% In Three Months, Hits N87 Trillion by 007Marvel(m): 6:08am On Sep 15, 2023 |
E go reach everybody |
Re: Nigeria’s Debt Jumps By 75% In Three Months, Hits N87 Trillion by Naija2023: 6:16am On Sep 15, 2023 |
lilkech: You are wrong. It is April to June. 2nd Quarter. 3 Likes |
Re: Nigeria’s Debt Jumps By 75% In Three Months, Hits N87 Trillion by prettyvirgin(f): 6:16am On Sep 15, 2023 |
PHAYOL81: It is u that didn't read before posting. Are u so daft and dumb to try to defend what is on ground? I swear all of u that support the coming of this govt will suffer it but we that never supported it will not suffer it because we never wish bad for this country. We will definitely survive it but u that are fans of this rubbish regime will definitely suffer it. 2 Likes 1 Share |
Re: Nigeria’s Debt Jumps By 75% In Three Months, Hits N87 Trillion by phorget(m): 6:23am On Sep 15, 2023 |
No how wey e wan be wey e never be before, las las we go dey alright. |
Re: Nigeria’s Debt Jumps By 75% In Three Months, Hits N87 Trillion by Chochovini: 6:26am On Sep 15, 2023 |
Edu3Again:. ACCIDENT called PRESIDENT. 3 Likes |
Re: Nigeria’s Debt Jumps By 75% In Three Months, Hits N87 Trillion by Empredboy(m): 6:32am On Sep 15, 2023 |
AntiWailer:What are you saying nah? Have they not removed subsidy? Why are you clamouring for it's removal again? You guys will just give these people to claim that they are still paying subsidy 3 Likes |
Re: Nigeria’s Debt Jumps By 75% In Three Months, Hits N87 Trillion by SirLakes: 6:34am On Sep 15, 2023 |
But sebi Tinubu has saved X billions of dollars after removing subsidy. Nigerians will have sense one day ![]() 2 Likes 1 Share |
Re: Nigeria’s Debt Jumps By 75% In Three Months, Hits N87 Trillion by Reference(m): 6:34am On Sep 15, 2023 |
adenigga: In the future when Nigerians hear the word 'borrow' instead of stupidly comparing themselves to nations that are productive and structured, they will take to their heels and head to the hills. Dangote borrowing up to 50 percent of his assets is not the same thing as jobless Dankali borrowing up to 5 percent of his. There is just no means to pay back and virtually no assets to sell. It is clear why government is not able to fully fulfill the requests of the NLC including the sketchy palliatives distributed so far, the money isn't just there. Transparency here would have sufficed but politics in protecting the past regime has trumped this and hidden the immense calamity they brought upon this country. Just so sorry for this government and her hapless, largely uninformed citizens. If only they knew back then. |
Re: Nigeria’s Debt Jumps By 75% In Three Months, Hits N87 Trillion by Gentlelox: 6:39am On Sep 15, 2023 |
Where is the money saved from subsidy removal ? 1 Like |
Re: Nigeria’s Debt Jumps By 75% In Three Months, Hits N87 Trillion by Pakute: 6:41am On Sep 15, 2023 |
Naija2023:Honestly, we keep churning out lots of unemployable half baked graduates in the country, year in year out. Just look at them wasting away their parents' school fees. 2 Likes |
Re: Nigeria’s Debt Jumps By 75% In Three Months, Hits N87 Trillion by Brushstrokes20: 6:46am On Sep 15, 2023 |
eBOLA and cohorts on rampage ![]() The shyyythole from fry pan to fire 🔥😎 |
Re: Nigeria’s Debt Jumps By 75% In Three Months, Hits N87 Trillion by Pakute: 6:48am On Sep 15, 2023 |
prettyvirgin:How old are you?, have you written Jamb?.. If you can't read and comprehend simple English texts, then you're a waste of your parents school fees.. all of you. 2 Likes |
Re: Nigeria’s Debt Jumps By 75% In Three Months, Hits N87 Trillion by israelmao(m): 6:49am On Sep 15, 2023 |
Buhari ran a borrowing economy from the beginning to the end and left many dents on it. 1 Like |
Re: Nigeria’s Debt Jumps By 75% In Three Months, Hits N87 Trillion by Harrynight(m): 6:50am On Sep 15, 2023 |
![]() Before tinubu leaves office out debt will hit over 100trillion |
Re: Nigeria’s Debt Jumps By 75% In Three Months, Hits N87 Trillion by StreetFight: 6:50am On Sep 15, 2023 |
ValarDoharis: Illiterate, go and read the report. The report is as at the end of second quarter of the year. Tinubu took over at the beginning of the last month of the second quarter. Don't let the hatred and bitterness that killed those before you also kill you 3 Likes |
Re: Nigeria’s Debt Jumps By 75% In Three Months, Hits N87 Trillion by Yankee101: 6:52am On Sep 15, 2023 |
And Tinubu says he doesn’t believe in borrowing They’ve been bribing judges It’s very expensive |
Re: Nigeria’s Debt Jumps By 75% In Three Months, Hits N87 Trillion by olisaEze(m): 6:52am On Sep 15, 2023 |
ican2020: It is actually the people that fought their brothers-in-suffering to hand the country to its current handlers that are the real clueless and foolish ones! ![]() |
Re: Nigeria’s Debt Jumps By 75% In Three Months, Hits N87 Trillion by michoim(m): 6:52am On Sep 15, 2023 |
ican2020:Very sad for Nigeria... |
Re: Nigeria’s Debt Jumps By 75% In Three Months, Hits N87 Trillion by lionshare: 6:52am On Sep 15, 2023 |
lilkech: Read to understand not to expose your ignorance & biases. |
Re: Nigeria’s Debt Jumps By 75% In Three Months, Hits N87 Trillion by StreetFight: 6:53am On Sep 15, 2023 |
Brushstrokes20: Una go just die over nothing. The report is as at second quarter of the year. That was the stealing by your lord Godwin Emefielelele 1 Like |
Re: Nigeria’s Debt Jumps By 75% In Three Months, Hits N87 Trillion by Ofunaofu: 6:53am On Sep 15, 2023 |
ValarDoharis: From day one, I said it No money will be saved from subsidy removal What happened was a deliberate increase in the pump price of petrol 3 Likes |
Re: Nigeria’s Debt Jumps By 75% In Three Months, Hits N87 Trillion by snowball11(m): 6:53am On Sep 15, 2023 |
Government of idiots! ![]() 1 Like |
Re: Nigeria’s Debt Jumps By 75% In Three Months, Hits N87 Trillion by Chetas81(m): 6:54am On Sep 15, 2023 |
THE NIGERIAN CRIMINAL CITIZEN IN GOVERNMENT HOUSE, KEEP ON BORROWING MONEY,TO SHARE WITHIN THEIR SELF, MEANWHILE SOME ELERIBURUKU ONIRANU FOLLOWERS OF APC KEEP ON DEFEND THIS CRIMINALS, IN GOVERNMENT HOUSE, THIS ARE THE MISERABLE CITIZEN WE KNOW 1 Like |
Re: Nigeria’s Debt Jumps By 75% In Three Months, Hits N87 Trillion by Reference(m): 6:54am On Sep 15, 2023 |
Gentlelox: Money saved is money not borrowed. If not the debt will probably have crashed past the 100 trillion mark. You fail to remember that debt servicing is eating both the fruit and the seed of this country. The situation is so vicious that even if government miraculously discovers a source of revenue it will be heavily tempted to borrow against that. Just as a man who has remained unemployed for years and racked in debts suddenly finds a job. His borrowing is likely to rise not fall in the short term. That daddy who has been struggling, hassling and borrowing to raise his kids will not automatically become rich just because the kids are grown and left the coop. Nigeria remains an unproductive country. We are on the ropes, like seriously. 2 Likes 2 Shares |
Re: Nigeria’s Debt Jumps By 75% In Three Months, Hits N87 Trillion by Harrynight(m): 7:01am On Sep 15, 2023 |
StreetFight: BUT HE IS NOT WRONG ANYWAYS, AIN'T THE AMOUNT REALIZED FROM SUBSIDY REMOVAL BE USED TO DO WHAT THEY'RE BORROWING MONEY FOR? OR USED IT TO SERVICE SOME OUTSTANDING DEBT? THE TRUTH IS EVEN THIS TINUBU FEDERAL GOVERNMENT DON'T EVEN WANT TO PAYBACK THESE DEBT. THEY BELIEVE ITS THEIR OWN TURN TO LOOTS 2 Likes 1 Share |
Buhari Is Still The Best Choice For Presidency – Adeyemi / Nigerian Defence Industry Manufacturers Display Products At World Exhibition / ‘I Was The Highest Beneficiary Of Incorruptible Judiciary’ – Peter Obi
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