Re: 10 African Countries With The Highest Debts To The IMF by Tareq1105: 5:13pm On Dec 08, 2023 |
FreeStuffsNG: Despite being the largest economy in Africa, we are barely indebted to IMF. This is impressive. I reckon this was the forex support we got from the IMF during the covid 19 pandemic but today our economy is in surplus and our GDP keeps increasing quarter on quarter.
Below is the current data on Nigerian economy, Q3, 2023 as shared by Statisense
✅Q3 2023 GDP growth rate at 2.54%.
✅The Oil Sector had it best growth in Q3 2023 since Q1 2020 when it grew by 5.06%.
✅Improved Oil Production capacity, achieving the best output in Sept at 1.390 mbpd.
✅Achieved Trade surplus of ₦1.89 trillion in Q3 2023 and ₦3.52 trillion in 9months, Exports > Imports.
✅Stock Market performance of +38.1% Year Till Date.
✅FG surpassed its Revenue target of ₦8.283 trillion as at Sept 2023, achieving ₦8.653 trillion, a 4.5% above expectation.
✅Effective tax collection with CIT at +121% of its target and VAT at +11% (2023).
#Statisense (NBS, OPEC, Budget Office)
https://twitter.com/StatiSense/status/1732148735746900053?t=GDJDpXxhrGJvUFgCmjN4lA&s=1
The naysayers, unpatriotic elements, criminal defamers, cyberbullies and liars will not see these milestones nor benefit from the progress we are making.
Ghana and Egypt no try at all. Ghana is particularly a very bad case given that 56% of her total debt were forgiven around 2002, it's today back in serious debt, economic quagmire and even unable to pay its debt. It's now offering to pay debt with gold and cocoa.
Nigeria is in great,steady, competent and patriotic hands. Dangote Refinery is to start production soon, dry farming to ramp up our wheat, massive electricity projects on going, subsidy off, end to the use of our hard earned forex to defend a USD being overvalued by the street/unpatriotic speculators and a brilliant team headed by President Bola Ahmed Tinubu!
All the enemies of Nigeria ti keran and will lose las las. They always lose.God bless Nigeria for ever! Check my signature for free stuffs!
We need to forward it to Peter Giningori Obi LP and his rag tag soldiers. Whether they like it or not, Nigeria economy would pick up under Tinubu by second quarter of 2024 as projected by IMF and World Bank to the glory of God and to the shame of haters. 1 Like |
Re: 10 African Countries With The Highest Debts To The IMF by Tareq1105: 5:17pm On Dec 08, 2023 |
rolams: Pls give us the list of the countries with highest debt to China and US pls!
Ask Google. Meanwhile, I need to point to you that our indebtedness to China were for railway construction, and renovation of our Abuja and Lagos Airports. 1 Like |
Re: 10 African Countries With The Highest Debts To The IMF by bigcasava1(m): 5:18pm On Dec 08, 2023 |
I expect Nigeria to be number 1 |
Re: 10 African Countries With The Highest Debts To The IMF by jrusky(m): 5:34pm On Dec 08, 2023 |
Kcfresh2103: Ok, how much are we owing China? can we also have that statistics? If we tell you how much owed to China you want to pay it off or what? I know not seen Nigeria top the list already annoys you that was why you went China way. |
Re: 10 African Countries With The Highest Debts To The IMF by Juju70(m): 5:36pm On Dec 08, 2023 |
Tell us what their exchange rate is bass tards;!!!! Egyot is building a new capital city, so it's ok Ghana^s petroleum sector developing rapidly and I presume the others as well but that dunce called Nigeria is just to buy cars and do TAM of dead facilities |
Re: 10 African Countries With The Highest Debts To The IMF by ozegidon(m): 5:45pm On Dec 08, 2023 |
Sillymoderators:
Someone is giving statistics from a source you are saying he is defending a failed nation. Na so so bad news un like to hear. You people can never be satisfied even if we have slight improvement. Written improvement... People are dying of hunger, businesses are closing down and you still have the guts to say you are improving..shame on you too for supporting evil! |
Re: 10 African Countries With The Highest Debts To The IMF by saysoo: 5:49pm On Dec 08, 2023 |
1 Like |
Re: 10 African Countries With The Highest Debts To The IMF by ShoeGetSize: 5:52pm On Dec 08, 2023 |
Are you calling Amina MOOhamad a liar? ![](https://www.hostpic.org/images/2312082220330103.jpg) Lukuluku69:
There was Never a Time Nigeria was completely Debt Free.
Obasanjo sold that Lie to us all.
The Only time we were Debt Free was actually before the Civil War and shortly after.
The Moment we went to IMF/World Bank/Paris Club we have been swimming in Debts. 1 Like |
Re: 10 African Countries With The Highest Debts To The IMF by billyG(m): 5:53pm On Dec 08, 2023 |
Abeg juggle that list again & again till we are number one. |
Re: 10 African Countries With The Highest Debts To The IMF by Mirallas: 6:07pm On Dec 08, 2023 |
1 Like |
Re: 10 African Countries With The Highest Debts To The IMF by Sillymoderators: 6:20pm On Dec 08, 2023 |
ozegidon: Written improvement... People are dying of hunger, businesses are closing down and you still have the guts to say you are improving..shame on you too for supporting evil! You be olodo.... shame on you too for expecting hunger to vanish from the land like a magic, everything is gradual. What have you as person done to help the economy? You think everything is government? All you know is food! |
Re: 10 African Countries With The Highest Debts To The IMF by Sillymoderators: 6:21pm On Dec 08, 2023 |
ChybuzzDD:
I've long gone But you are still responding 😅😅 |
Re: 10 African Countries With The Highest Debts To The IMF by Bluntemperor: 6:22pm On Dec 08, 2023 |
FreeStuffsNG: Despite being the largest economy in Africa, we are barely indebted to IMF. This is impressive. I reckon this was the forex support we got from the IMF during the covid 19 pandemic but today our economy is in surplus and our GDP keeps increasing quarter on quarter. Below is the current data on Nigerian economy, Q3, 2023 as shared by Statisense
✅Q3 2023 GDP growth rate at 2.54%.
✅The Oil Sector had it best growth in Q3 2023 since Q1 2020 when it grew by 5.06%. ✅Improved Oil Production capacity, achieving the best output in Sept at 1.390 mbpd. ✅Achieved Trade surplus of ₦1.89 trillion in Q3 2023 and ₦3.52 trillion in 9months, Exports > Imports. ✅Stock Market performance of +38.1% Year Till Date. ✅FG surpassed its Revenue target of ₦8.283 trillion as at Sept 2023, achieving ₦8.653 trillion, a 4.5% above expectation. ✅Effective tax collection with CIT at +121% of its target and VAT at +11% (2023). #Statisense (NBS, OPEC, Budget Office) https://twitter.com/StatiSense/status/1732148735746900053?t=GDJDpXxhrGJvUFgCmjN4lA&s=1 The naysayers, unpatriotic elements, criminal defamers, cyberbullies and liars will not see these milestones nor benefit from the progress we are making. Ghana and Egypt no try at all. Ghana is particularly a very bad case given that 56% of her total debt were forgiven around 2002, it's today back in serious debt, economic quagmire and even unable to pay its debt. It's now offering to pay debt with gold and cocoa. Nigeria is in great,steady, competent and patriotic hands. Dangote Refinery is to start production soon, dry season farming to ramp up our wheat, massive electricity projects on going, subsidy off, end to the use of our hard earned forex to defend a USD being overvalued by the street/unpatriotic speculators and a brilliant team headed by President Bola Ahmed Tinubu! All the enemies of Nigeria ti keran and will lose las las. They always lose.God bless Nigeria for ever! Check my signature for free stuffs!
I go along with your analysis,bro! Some people think we are APC,NO. We just want a better life for Millions of Nigeria Youths,not Social Media Agents,who are so gaulibles, that they can't sift lies from TRUTH! -Never get too closer to Nigerian Politicians,- they are mostly liars. Go and get your GOVERNORS Commitments from all the NBillion that have been Collecting! 1 Like |
Re: 10 African Countries With The Highest Debts To The IMF by TrumpDonald2: 6:25pm On Dec 08, 2023 |
1 Like |
Re: 10 African Countries With The Highest Debts To The IMF by TrumpDonald2: 6:26pm On Dec 08, 2023 |
1 Like |
Re: 10 African Countries With The Highest Debts To The IMF by just2endowed: 6:27pm On Dec 08, 2023 |
FreeStuffsNG: Despite being the largest economy in Africa, we are barely indebted to IMF. This is impressive. I reckon this was the forex support we got from the IMF during the covid 19 pandemic but today our economy is in surplus and our GDP keeps increasing quarter on quarter.
Below is the current data on Nigerian economy, Q3, 2023 as shared by Statisense
✅Q3 2023 GDP growth rate at 2.54%.
✅The Oil Sector had it best growth in Q3 2023 since Q1 2020 when it grew by 5.06%.
✅Improved Oil Production capacity, achieving the best output in Sept at 1.390 mbpd.
✅Achieved Trade surplus of ₦1.89 trillion in Q3 2023 and ₦3.52 trillion in 9months, Exports > Imports.
✅Stock Market performance of +38.1% Year Till Date.
✅FG surpassed its Revenue target of ₦8.283 trillion as at Sept 2023, achieving ₦8.653 trillion, a 4.5% above expectation.
✅Effective tax collection with CIT at +121% of its target and VAT at +11% (2023).
#Statisense (NBS, OPEC, Budget Office)
https://twitter.com/StatiSense/status/1732148735746900053?t=GDJDpXxhrGJvUFgCmjN4lA&s=1
The naysayers, unpatriotic elements, criminal defamers, cyberbullies and liars will not see these milestones nor benefit from the progress we are making.
Ghana and Egypt no try at all. Ghana is particularly a very bad case given that 56% of her total debt were forgiven around 2002, it's today back in serious debt, economic quagmire and even unable to pay its debt. It's now offering to pay debt with gold and cocoa.
Nigeria is in great,steady, competent and patriotic hands. Dangote Refinery is to start production soon, dry season farming to ramp up our wheat, massive electricity projects on going, subsidy off, end to the use of our hard earned forex to defend a USD being overvalued by the street/unpatriotic speculators and a brilliant team headed by President Bola Ahmed Tinubu!
All the enemies of Nigeria ti keran and will lose las las. They always lose.God bless Nigeria for ever! Check my signature for free stuffs!
Omo emilokan supporters sees this as an achievement 2 Likes |
Re: 10 African Countries With The Highest Debts To The IMF by lextube: 6:30pm On Dec 08, 2023 |
FreeStuffsNG: Despite being the largest economy in Africa, we are barely indebted to IMF. This is impressive. I reckon this was the forex support we got from the IMF during the covid 19 pandemic but today our economy is in surplus and our GDP keeps increasing quarter on quarter.
Below is the current data on Nigerian economy, Q3, 2023 as shared by Statisense
✅Q3 2023 GDP growth rate at 2.54%.
✅The Oil Sector had it best growth in Q3 2023 since Q1 2020 when it grew by 5.06%.
✅Improved Oil Production capacity, achieving the best output in Sept at 1.390 mbpd.
✅Achieved Trade surplus of ₦1.89 trillion in Q3 2023 and ₦3.52 trillion in 9months, Exports > Imports.
✅Stock Market performance of +38.1% Year Till Date.
✅FG surpassed its Revenue target of ₦8.283 trillion as at Sept 2023, achieving ₦8.653 trillion, a 4.5% above expectation.
✅Effective tax collection with CIT at +121% of its target and VAT at +11% (2023).
#Statisense (NBS, OPEC, Budget Office)
https://twitter.com/StatiSense/status/1732148735746900053?t=GDJDpXxhrGJvUFgCmjN4lA&s=1
The naysayers, unpatriotic elements, criminal defamers, cyberbullies and liars will not see these milestones nor benefit from the progress we are making.
Ghana and Egypt no try at all. Ghana is particularly a very bad case given that 56% of her total debt were forgiven around 2002, it's today back in serious debt, economic quagmire and even unable to pay its debt. It's now offering to pay debt with gold and cocoa.
Nigeria is in great,steady, competent and patriotic hands. Dangote Refinery is to start production soon, dry season farming to ramp up our wheat, massive electricity projects on going, subsidy off, end to the use of our hard earned forex to defend a USD being overvalued by the street/unpatriotic speculators and a brilliant team headed by President Bola Ahmed Tinubu!
All the enemies of Nigeria ti keran and will lose las las. They always lose.God bless Nigeria for ever! Check my signature for free stuffs!
Stop deceiving your Father abeg 2 Likes |
Re: 10 African Countries With The Highest Debts To The IMF by TrumpDonald2: 6:30pm On Dec 08, 2023 |
1 Like |
Re: 10 African Countries With The Highest Debts To The IMF by Mirallas: 6:34pm On Dec 08, 2023 |
1 Like |
Re: 10 African Countries With The Highest Debts To The IMF by TrumpDonald2: 6:36pm On Dec 08, 2023 |
Mirallas:
Thanks You're welcome. Most of the other countries borrowing do not have the resources we have. Why justify Nigeria's excessive borrowing with nothing commensurate to show for it. 1 Like |
Re: 10 African Countries With The Highest Debts To The IMF by TrumpDonald2: 6:45pm On Dec 08, 2023 |
Igahbarr: Nigeria in distant 6 position? This is an open invitation for Tinubu and APC to borrow more and loot more untill Nigeria becomes No. 1 on the list. Oga, that is for IMF alone. Nigeria is owing World bank and about 3 other financial institutions. Nigeria is owing China and about 4 other countries. So don't mind FreeStuffsNG. 1 Like |
Re: 10 African Countries With The Highest Debts To The IMF by rhames(m): 6:45pm On Dec 08, 2023 |
MEEVEET:
Are you sure you are ok? Like everything is fine
Was Nigeria not debt free in 2005 ? He was probably in space when that happened.These negative elements heading government in this country are not giving it any hope. 1 Like |
Re: 10 African Countries With The Highest Debts To The IMF by Babalola0920: 6:51pm On Dec 08, 2023 |
Stupid misgudied youth will not see why US Isn't number 1 pessimistic fellow |
Re: 10 African Countries With The Highest Debts To The IMF by Josywhyte: 6:57pm On Dec 08, 2023 |
For your information Nigeria is owing more than that amount mentioned. |
Re: 10 African Countries With The Highest Debts To The IMF by Toptenlimited: 7:04pm On Dec 08, 2023 |
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Re: 10 African Countries With The Highest Debts To The IMF by vivaciousvivi(f): 7:20pm On Dec 08, 2023 |
@ FreeStuffsNG I hope you know that the debts on this list do not include China? One of the modules I took during my Masters was to do a detailed study and presentation of the Economic relationship between China and Kenya. That amount listed there is paltry compared to what Kenya owes China. Infact, China practically owns that country. China happens to be the world's largest Creditor at the moment and would soon turn to be the largest Debt recovery receptor as well. When it comes to China's debts, Africa is in trouble especially during the period of their Road and Belt Initiative over the last 15yrs. Most of these debts are either due, or would be within the next 5yrs at interest amounts that are still shrouded in some level of secrecy. TrumpDonald2:
Oga, that is for IMF alone. Nigeria is owing World bank and about 3 other financial institutions. Nigeria is owing China and about 4 other countries. So don't mind FreeStuffsNG. Toh, thank you jare. I have even forgotten about World Bank although their interest and repayment terms are a bit more lenient towards 3rd world countries 1 Like |
Re: 10 African Countries With The Highest Debts To The IMF by PHAYOL81: 7:32pm On Dec 08, 2023 |
Oh my God wetin CONGO DR used $1.2b do ?
Africans and bad leaders |
Re: 10 African Countries With The Highest Debts To The IMF by HeroicMeastro: 7:34pm On Dec 08, 2023 |
MEEVEET:
Are you sure you are ok? Like everything is fine
Was Nigeria not debt free in 2005 ? No country is debt-free |
Re: 10 African Countries With The Highest Debts To The IMF by stormborn28(m): 7:35pm On Dec 08, 2023 |
FreeStuffsNG: Despite being the largest economy in Africa, we are barely indebted to IMF. This is impressive. I reckon this was the forex support we got from the IMF during the covid 19 pandemic but today our economy is in surplus and our GDP keeps increasing quarter on quarter.
Below is the current data on Nigerian economy, Q3, 2023 as shared by Statisense
✅Q3 2023 GDP growth rate at 2.54%.
✅The Oil Sector had it best growth in Q3 2023 since Q1 2020 when it grew by 5.06%.
✅Improved Oil Production capacity, achieving the best output in Sept at 1.390 mbpd.
✅Achieved Trade surplus of ₦1.89 trillion in Q3 2023 and ₦3.52 trillion in 9months, Exports > Imports.
✅Stock Market performance of +38.1% Year Till Date.
✅FG surpassed its Revenue target of ₦8.283 trillion as at Sept 2023, achieving ₦8.653 trillion, a 4.5% above expectation.
✅Effective tax collection with CIT at +121% of its target and VAT at +11% (2023).
#Statisense (NBS, OPEC, Budget Office)
https://twitter.com/StatiSense/status/1732148735746900053?t=GDJDpXxhrGJvUFgCmjN4lA&s=1
The naysayers, unpatriotic elements, criminal defamers, cyberbullies and liars will not see these milestones nor benefit from the progress we are making.
Ghana and Egypt no try at all. Ghana is particularly a very bad case given that 56% of her total debt were forgiven around 2002, it's today back in serious debt, economic quagmire and even unable to pay its debt. It's now offering to pay debt with gold and cocoa.
Nigeria is in great,steady, competent and patriotic hands. Dangote Refinery is to start production soon, dry season farming to ramp up our wheat, massive electricity projects on going, subsidy off, end to the use of our hard earned forex to defend a USD being overvalued by the street/unpatriotic speculators and a brilliant team headed by President Bola Ahmed Tinubu!
All the enemies of Nigeria ti keran and will lose las las. They always lose.God bless Nigeria for ever! Check my signature for free stuffs!
Whenever I see you writing I know that someone that is not normal has come online |
Re: 10 African Countries With The Highest Debts To The IMF by Elibaba1: 7:40pm On Dec 08, 2023 |
FreeStuffsNG: Despite being the largest economy in Africa, we are barely indebted to IMF. This is impressive. I reckon this was the forex support we got from the IMF during the covid 19 pandemic but today our economy is in surplus and our GDP keeps increasing quarter on quarter.
Below is the current data on Nigerian economy, Q3, 2023 as shared by Statisense
✅Q3 2023 GDP growth rate at 2.54%.
✅The Oil Sector had it best growth in Q3 2023 since Q1 2020 when it grew by 5.06%.
✅Improved Oil Production capacity, achieving the best output in Sept at 1.390 mbpd.
✅Achieved Trade surplus of ₦1.89 trillion in Q3 2023 and ₦3.52 trillion in 9months, Exports > Imports.
✅Stock Market performance of +38.1% Year Till Date.
✅FG surpassed its Revenue target of ₦8.283 trillion as at Sept 2023, achieving ₦8.653 trillion, a 4.5% above expectation.
✅Effective tax collection with CIT at +121% of its target and VAT at +11% (2023).
#Statisense (NBS, OPEC, Budget Office)
https://twitter.com/StatiSense/status/1732148735746900053?t=GDJDpXxhrGJvUFgCmjN4lA&s=1
The naysayers, unpatriotic elements, criminal defamers, cyberbullies and liars will not see these milestones nor benefit from the progress we are making.
Ghana and Egypt no try at all. Ghana is particularly a very bad case given that 56% of her total debt were forgiven around 2002, it's today back in serious debt, economic quagmire and even unable to pay its debt. It's now offering to pay debt with gold and cocoa.
Nigeria is in great,steady, competent and patriotic hands. Dangote Refinery is to start production soon, dry season farming to ramp up our wheat, massive electricity projects on going, subsidy off, end to the use of our hard earned forex to defend a USD being overvalued by the street/unpatriotic speculators and a brilliant team headed by President Bola Ahmed Tinubu!
All the enemies of Nigeria ti keran and will lose las las. They always lose.God bless Nigeria for ever! Check my signature for free stuffs!
Massive electricity projects going on where? |
Re: 10 African Countries With The Highest Debts To The IMF by stormborn28(m): 7:41pm On Dec 08, 2023 |
Bluntemperor:
I go along with your analysis,bro! Some people think we are APC,NO. We just want a better life for Millions of Nigeria Youths,not Social Media Agents,who are so gaulibles, that they can't sift lies from TRUTH! -Never get too closer to Nigerian Politicians,- they are mostly liars. Go and get your GOVERNORS Commitments from all the NBillion that have been Collecting!
A bare face liar. Freestuff is in collaboration with you 1 Like |
Re: 10 African Countries With The Highest Debts To The IMF by tenpipsperday: 7:42pm On Dec 08, 2023 |
SkullIMAM: Watch those APC fools come to compare failure now and tell you every nation owes .
And that Nigeria tried at least they are not number 1 Of course they are jobless like the first idiot that commented. Demented . |