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Nairaland Forum / Nairaland / General / Politics / Nigeria’s Debt Rises By N4.17tn In One Year (13744 Views)
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Nigeria’s Debt Rises By N4.17tn In One Year by Omooba77: 7:38am On Sep 21, 2016 |
The country’s debt profile has risen to N16.29tn, the Debt Management Office has said. http://punchng.com/nigerias-debt-rises-n4-17tn-one-year/ 5 Likes 6 Shares
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Re: Nigeria’s Debt Rises By N4.17tn In One Year by sorextee(m): 7:41am On Sep 21, 2016 |
Im sure, buhari frequent travels led to 85% of it.. ![]() 107 Likes 6 Shares |
Re: Nigeria’s Debt Rises By N4.17tn In One Year by nnachukz(m): 7:45am On Sep 21, 2016 |
Destroy our country in all fronts. This man, this group. No genuine plan for the future at all. 81 Likes 2 Shares |
Re: Nigeria’s Debt Rises By N4.17tn In One Year by StephanieLuv(f): 7:48am On Sep 21, 2016 |
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Re: Nigeria’s Debt Rises By N4.17tn In One Year by cckris: 7:56am On Sep 21, 2016 |
[size=20pt]Any vote for APC supports the SALE of LNG. Nigerians be warned. [/size] 70 Likes 1 Share
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Re: Nigeria’s Debt Rises By N4.17tn In One Year by obailala(m): 7:58am On Sep 21, 2016 |
nnachukz:... if you want to know who really destroyed our country on all fronts, go and ask how much was Nigeria's debt as at May 2010 and also ask how much was this debt as at May 2015. Just FYI, this period between 2010 to 2015 was when Nigeria made its highest income but also the time it incurred devastatingly high debts; even money was borrowed to pay salaries at the time. The truth is painful for sure.. 18 Likes 2 Shares |
Re: Nigeria’s Debt Rises By N4.17tn In One Year by donguutti: 8:08am On Sep 21, 2016 |
"The domestic debt of the Federal Government alone stood at N10.61tn as of June this year, up from N8.4tn a year ago. This means that within 12 months, the Federal Government’s domestic debt profile rose by N2.21tn or 26.31 per cent." "A breakdown of the country’s debt profile shows that external debt by the federal and state governments stood at $11.26bn or N3.19tn as of June 30, 2016. It was $10.32bn or N2.03tn by July last year" obailala: Do zombies have comprehension problems or what, does exchange rate increase domestic debt, what has been done with 2.2 Trillion naira domestic debt.In the second referred part, ,almost a billion dollars in foreign debt has been taken, yet you say they have not borrowed. 101 Likes 10 Shares |
Re: Nigeria’s Debt Rises By N4.17tn In One Year by vedaxcool(m): 8:11am On Sep 21, 2016 |
obailala: See how you schooled the ignoramus... they criticize PMB out of narrow minded ignorance and tribalism 4 Likes |
Re: Nigeria’s Debt Rises By N4.17tn In One Year by nnachukz(m): 8:11am On Sep 21, 2016 |
obailala:No, I will ask all the past and present leaders we have had. That is the group I meant. Worse are those who have made double shot at that seat. All of them are our problems. No genuine future plans for us. So don't absolve any of them. 6 Likes |
Re: Nigeria’s Debt Rises By N4.17tn In One Year by Nobody: 8:16am On Sep 21, 2016 |
This i must say..... President Mohamdu Buhari is still the best president Nigeria could ever dream of having. What do we expect in this current low oil price, massive dwindling revenue, and massive loots of the national treasury from the former government. Some people are just too bittered to face the reality. Have you heard of the various billions of dollars hanging still in the pocket of our former leaders( even the current ones ) For your info, all these funds are not virtual, they are ejected from the treasury. Im not saying Nigerians deserves this, yet we should have this believe that as no government in charge wants its subjects to suffer and im sure PMB is doing all he can to arrest the situation. Im sure the country would have been worse if that clueless govt was allowed to continue. Why are we even having this fuse? Jonathan enjoyed massive oil boom and ever soaring revenues, yet the only thing we can say about that dispensation was that ' Nigeria became the biggest economy in Africa'. What nonsense? An economy that couldn't alleviate the suffering in the land. Pls note that there was massive unemployment still. The only thing that was trending then was that that the rich keeps getting richer while the poor were left to their fate. Note: im not saying pmb is getting it too right, yet we must understand that the external debt is accumulating high because the former government squandered the scarce resources on mediocrity. Pmb cannot be left out now too, cus he made some policies that got us where we are today, but i disagree to believe that he is the cause of our problem. Im not left out in this problem guys, been working for a company for close to 4 years now, yet my salary is thesame as when i started. Yet, my salary is a peanut compared to what a graduate should recieve. I practically have to go through rigours to make ends meet, i cut jobs too (only few could relate with that ). We should see the reasons behind the problems we have not this flimsy excuses we are giving. Quote me only if you av a meaningful contribution. Anyways.... Drabeey was Here 5 Likes |
Re: Nigeria’s Debt Rises By N4.17tn In One Year by Omooba77: 8:28am On Sep 21, 2016 |
Drabeey: why do you write this epistle to defend nonsense. Our roads are getting deplorable by the day,light self going down.. 64 Likes 2 Shares |
Re: Nigeria’s Debt Rises By N4.17tn In One Year by cckris: 8:29am On Sep 21, 2016 |
vedaxcool:Is that why Buhari & APC want to sell the LNG? 55 Likes 1 Share
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Re: Nigeria’s Debt Rises By N4.17tn In One Year by vedaxcool(m): 8:40am On Sep 21, 2016 |
cckris: Yes so that you will be healed of the hunger driving you near insanity. It remains insane to celebrate people who have left your future in question. www.nairaland.com/attachments/4245968_4241445keyamopng6542b500c559da3cf82ae9388c60ae28_pngd22adc039a3c4555defd3443507984e1 6 Likes 1 Share |
Re: Nigeria’s Debt Rises By N4.17tn In One Year by Nobody: 8:47am On Sep 21, 2016 |
Omooba77: As if there was a time Nigeria had good roads, was there a time your power supply was on for 23hours not to talk of day. Please constructive arguments please. 1 Like |
Re: Nigeria’s Debt Rises By N4.17tn In One Year by DabuIIIT: 8:53am On Sep 21, 2016 |
obailala:this is simply a pure uneducated lay man analysis,no educated permutation and mathematical expression and analysis whatsoever..defending the failure of a huge dullard is a life time task that must be done by zoogerians and myopic afonjas.. Complete thrash.. vedaxcool: this is gonna pass as one of the most ignoramus and uneducated post for the day...nothing educated or intelligent..just say MUJE and they will follow... ![]() op,buhari is the worst thing to have happened in nigeria...he knows this but is always quick to take advantage of the gullible state of majority of nigerians and frustrated zoogerians to blame it ,his epic and monumental failures on the long gone GEJ.. Zombies will always buy that..they are quick to mention,when they are tired of pointing @ gej,low crude prices but are so dumb to give any explanation whatsoever why there is rising inflation.. Their hero is not a miracle worker,they also say,and cannot fix under one year what gej(their fav scape goat) 'destroyed' in 6 years..but,as always,and typical zombies,are mute and dumb as to why it has taken the murderous dullard to destroy what he met on ground under one single year! 64 Likes 6 Shares |
Re: Nigeria’s Debt Rises By N4.17tn In One Year by cckris: 8:59am On Sep 21, 2016 |
vedaxcool: [size=20pt]Buhari has no right to sell the LNG that neither belong to him nor his region. [/size] 42 Likes 3 Shares
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Re: Nigeria’s Debt Rises By N4.17tn In One Year by luvinhubby(m): 9:00am On Sep 21, 2016 |
obailala: You have returned with your zombies analysis once more. Nigeria debt profile stood at N9 trillion as at 2011 and N12 trillion as at 2015. Mr. Buhari borrowed N4.6 trillion in 1 yr and has not even borrowed for 2016 budget which is additional N1.8 trillion. Before you resume your chant of crude price and dollars rate, N2.6 trillion is domestic debt. Buhari wants to kill Nigeria. ![]() ![]() 54 Likes 3 Shares |
Re: Nigeria’s Debt Rises By N4.17tn In One Year by Omooba77: 9:06am On Sep 21, 2016 |
Drabeey: But wetin dem dey use money for? 7 Likes 1 Share |
Re: Nigeria’s Debt Rises By N4.17tn In One Year by idupaul: 9:22am On Sep 21, 2016 |
Buhari is clearly running a purposeless govt on all fronts on fronts 29 Likes 2 Shares |
Re: Nigeria’s Debt Rises By N4.17tn In One Year by drss2(m): 9:25am On Sep 21, 2016 |
by d time buari APC incompetent govt is through with dis con3, nigeria will be auction on ebay. 22 Likes 3 Shares |
Re: Nigeria’s Debt Rises By N4.17tn In One Year by Goke7: 9:43am On Sep 21, 2016 |
drss2: unfortunately you are lying, that your hero did not get re-elected does not mean you can just come up with some humpty dumpty theory. If you don't cure yourself of your beef and hatred, oga not even mfm prayers can help your case. 2 Likes |
Re: Nigeria’s Debt Rises By N4.17tn In One Year by Justiyke4u: 9:50am On Sep 21, 2016 |
The government is working 1 Like |
Re: Nigeria’s Debt Rises By N4.17tn In One Year by Omooba77: 9:55am On Sep 21, 2016 |
Goke7: Punchng na awa we paper no be guard carry the news 12 Likes |
Re: Nigeria’s Debt Rises By N4.17tn In One Year by Omooba77: 10:34am On Sep 21, 2016 |
Please who will pay all these debts? God will help us. 11 Likes |
Re: Nigeria’s Debt Rises By N4.17tn In One Year by Bujumbura(m): 10:46am On Sep 21, 2016 |
obailala:jux negodu the trash you wrote there 30 Likes
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Re: Nigeria’s Debt Rises By N4.17tn In One Year by Bujumbura(m): 10:47am On Sep 21, 2016 |
Goke7: 29 Likes
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Re: Nigeria’s Debt Rises By N4.17tn In One Year by Bujumbura(m): 10:49am On Sep 21, 2016 |
Drabeey:Our driver that couldn't pay LASTMA fine 40 Likes 4 Shares
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Re: Nigeria’s Debt Rises By N4.17tn In One Year by cjrane: 10:55am On Sep 21, 2016 |
[size=13pt]Buhari is just borrowing frantically and selling our national assets and airports secretly. I wonder how Nigeria will survive financially after Buhari.[/size] 26 Likes 2 Shares |
Re: Nigeria’s Debt Rises By N4.17tn In One Year by Omooba77: 11:32am On Sep 21, 2016 |
lalasticlala I beg come see how much Naija don borrow. 2 Likes |
Re: Nigeria’s Debt Rises By N4.17tn In One Year by amc: 11:47am On Sep 21, 2016 |
luvinhubby: Big fat lie. Our external debt when GEJ took over was $3.32 billion and he handed over a $10.3 billion debt to Buhari. Do your sums again. |
Re: Nigeria’s Debt Rises By N4.17tn In One Year by vedaxcool(m): 12:00pm On Sep 21, 2016 |
[s] cckris:[/s] Nigeria owns the assets 1 Like |
Re: Nigeria’s Debt Rises By N4.17tn In One Year by vedaxcool(m): 12:05pm On Sep 21, 2016 |
[s] cjrane:[/s] Lying and Ugandans 3 Likes
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