Nigeria as a country must be a joke asking for debt relief......after taking up loans and it got embezzled by corrupt government officers who stil turn around to approach the world bank for debt relief, no be oversense or witch be That?

Very wrong. Debt to GDP has always been sold by the media but the most important is actually the debt to revenue

004gist:

our debt to GDP ratio is the smallest in the world... we can still borrow, there is no problem.

after all America is indebted in trillions of dollars finance minister under Buhari..



see their life

worst is that 70% of this money end up in private pocket

IMF WORLD BANK abeg no be we Nigerians asked for this loan na APC people asked for it. Count us out biko

The several billions of dollars that Amaechi used in constructing rail line to Maradi, Niger republic is enough to resuscitate power sector or construct several kilometres of federal roads. Why is it that we don't get our priorities right?

happney65:
I'll always keep on making reference to Obasanjo. Himself and Okonjo Iweala went all around the world to ask for debt relief from us in 1999

They were at the Paris club begging for our debt to be forgiven. The same debt that Buhari and his fellow Soldiers as Military President put us into when they truncated power in 83 from Shagari.

Despite the Huge debts, Obasanjo was still able to increase the minimum wage to 3500 in 1999. Because the Paris club saw how serious Obasanjo and his team were. They gave us debt relief. We got it.

Let me tell you people something for free. This isn't 1999/2000. Nobody,I repeat Nobody will give us any debt relief this time around because they know the people in power are nothing but osinwin eniyan set of people.

We shall keep on using a chunck of our money to service debts.

they might give us... Make we try... Dis country is messed up

Revolution2022:
So imf should forgive your debt while the governors and president who squandered the loans should go Scot free without prosecution?Dey play.

This is the right question.
Some level of justice should be mete on those who got us in this position.
Otherwise, we will keep encouraging embezzlement, mismanagement and poor accountability.

IMF should cancel on these conditions. They reduce the salaries politicians earn by 70% and sell off all government cars and planes they collected use the money to pay some of their debts.

NwaNimo1:


https://thenationonlineng.net/nigeria-others-ask-imf-world-bank-for-debt-relief/

Yahoo business, borrow money and ask for relief later. Those guys are not mugus... They usually get back to you soon to take more value

post=126350606:
God save Nigeria 🇳🇬

Na prayers we go shop?

After 17yrs that Paris Club agreed to relief Nigeria of about $18 billion, we are still owing about $41.8 billion.
There is no significant utility of the so called money that was borrowed and you are seeking for relief 😂😂 JOKERS!!!

Taylor94:
No forget any debt


Make them pay am


Stupid government

Not just the government but the masses who demand subsidies.

They are able to borrow u bvos they v decent leadership and not crooks and thieves we v here that steals everything

FreeStuffsNG:
Loans that are back in the vaults of banks in stinkingly corrupt EU, UK and US. Smh

Wetin carry the loans back there if not for our fantastically corrupt leaders?

DanielTravels:

Wetin carry the loans back there if not for our fantastically corrupt leaders?

Yinmu. It's part of the criteria you sign up to get the loan. That's why China faced infrastructure loans for them to build , operate and own till they recover their money .

If imf gives loans, the same individual who signed on behalf of the country opens a secret bank account in London and Switzerland, home countries of countries that own IMF. So who are they deceiving?

FreeStuffsNG:
Yinmu. It's part of the criteria you sign up to get the loan. That's why China faced infrastructure loans for them to build , operate and own till they recover their money .

If imf gives loans, the same individual who signed on behalf of the country opens a secret bank account in London and Switzerland, home countries of countries that own IMF. So who are they deceiving?

Do you have proof of all this or you are just ranting as usual? Reading this thing sef, even a retard won't believe this shit you made up

I think it'll be fair for IMF and other borrower to conduct a public survey from the citizens before borrowing or forgiving any debts of these African countries.

TemplarLandry:

Werey don turn deaf 😂😂😂
Olorishi🤮🤮

Why seek for debt relief when you have been mismanaging the one that was given to you?

NwaNimo1:
IMF officials: