luvinhubby:


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.

Geniro:
Lalasticlala,obinoscopy, this thread deserves front page. Our debt profile is rising at an alarming manner.

obailala:
The increase between June 2015 to June 2016 is due to a change in the exchange rates used in the calculations, i.e. from N197 to N283; they haven't yet even borrowed the trillions they plan to borrow to fund the budget of this year.

Meanwhile 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..

obailala:
The increase between June 2015 to June 2016 is due to a change in the exchange rates used in the calculations, i.e. from N197 to N283; they haven't yet even borrowed the trillions they plan to borrow to fund the budget of this year.

Meanwhile 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..

Obviously we are close to 'finish' i pray God see us through

amc:


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.

id911:



you go call tire becos this thread is against the govt it might be left in the trash bin. Check the previous thread about power supply how they hid the one majority spoke of lack of electricity in their area but quickly pushed the one that has first set of people praising the govt and hypocrically saying Fashola is working to front page. They do similar things like these every time.

Media is compromised in Nigeria and most of them work against the suffering masses

donguutti:
"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"



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.

sorextee:
Im sure, buhari frequent travels led to 85% of it..

vedaxcool:


See how you schooled the ignoramus... they criticize PMB out of narrow minded ignorance and tribalism

AntiWailer:


They dont go in depth.

They read title and yarn dust.

sheyguy:
Wailing isn't built on logical but emotional grounds. You think Adesina coined the term for nothing. When people are low emotionally(death, broke, accident) they wail. Sound logic of understanding can cure wailing, but hatred is an emotion so they wail endlessly.

obailala:
The increase between June 2015 to June 2016 is due to a change in the exchange rates used in the calculations, i.e. from N197 to N283; they haven't yet even borrowed the trillions they plan to borrow to fund the budget of this year.

Meanwhile 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..

AntiWailer:


They dont go in depth.

They read title and yarn dust.

Whynotthetruth:


See people...You had the effrontery to castigate others when you are the mumu here

And you are here celebrating fellow ignoramus like you...I saw vedaxcool too dancing over ignorance ...smh

sheyguy:
Wailing isn't built on logical but emotional grounds. You think Adesina coined the term for nothing. When people are low emotionally(death, broke, accident) they wail. Sound logic of understanding can cure wailing, but hatred is an emotion so they wail endlessly.

donguutti:
"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"



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.

Whynotthetruth:


See people...You had the effrontery to castigate others when you are the mumu here

And you are here celebrating fellow ignoramus like you...I saw vedaxcool too dancing over ignorance ...smh

AntiWailer:


lol.

I will rather u point to my post where i 'Mumu' to me and let me take you on so you see how dull you are.

Lets talk a particular topic with facts and figures and let us see how long you can survive without you running out of the usual Zombie, Zoo rants.

Drabeey:
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

Pavarottii:

Where did u get this trash from? Can't u read?