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Nairaland Forum / Nairaland / General / Politics / Nigeria On The Verge Of Bankruptcy - Emir Sanusi (36876 Views)
Debts: Borrowing Will Land Nigeria Into State Of Bankruptcy – Pastor Adeboye / Nigeria On The Edge Of Bankruptcy - Punch / 2020 Budget Is A Budget Of Bankruptcy ― Odilim Enwegbara, Economist (2) (3) (4)
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Nigeria On The Verge Of Bankruptcy - Emir Sanusi by dre11(m): 5:35pm On Jun 25, 2019 |
by Kolade Adeyemi, https://thenationonlineng.net/breaking-nigeria-on-the-verge-of-bankruptcy-says-emir-sanusi/ 16 Likes 1 Share
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Re: Nigeria On The Verge Of Bankruptcy - Emir Sanusi by Tocynone(m): 5:38pm On Jun 25, 2019 |
Thank you former CBN Emir 92 Likes 6 Shares |
Re: Nigeria On The Verge Of Bankruptcy - Emir Sanusi by Jlow2: 5:48pm On Jun 25, 2019 |
The road to tyranny starts frm destroyin d truth, thank you emir sanusi for not associating with royal fathers whom go to aso rock to beg for crumps, despite the gang up agsinst you, u stand with the truth and the oppressed ,may the almighty keep and bless you 204 Likes 12 Shares |
Re: Nigeria On The Verge Of Bankruptcy - Emir Sanusi by Bbbwings: 5:53pm On Jun 25, 2019 |
Stfu and enjoy next level America is in a trillion dollar debt. And boy do they navigate around it by printing more money Emeifele get to work. Ps If you can't discern the sarcasm in here, you need your brain checked. 27 Likes 5 Shares
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Re: Nigeria On The Verge Of Bankruptcy - Emir Sanusi by AbbeyvanPersie(m): 5:53pm On Jun 25, 2019 |
This man don dey warn them again and them no go hear. Na so im warn them for GEJ regim but them no gree take im word, na sack them sack am. Dear PMB, you better do something now. 36 Likes 3 Shares |
Re: Nigeria On The Verge Of Bankruptcy - Emir Sanusi by hisexcellency34: 5:53pm On Jun 25, 2019 |
Wailers who said Sanusi only criticised Jonathan, can you hear this? 66 Likes 8 Shares
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Re: Nigeria On The Verge Of Bankruptcy - Emir Sanusi by Nobody: 5:53pm On Jun 25, 2019 |
Who does not know that Nigeria is finished? 17 Likes 1 Share |
Re: Nigeria On The Verge Of Bankruptcy - Emir Sanusi by legitnow: 5:54pm On Jun 25, 2019 |
NA GOD GO PUNISH BUHARI AND THE PROBLEM OF NIGERIA.(U KNOW URSELF) 7 Likes |
Re: Nigeria On The Verge Of Bankruptcy - Emir Sanusi by OBAGADAFFI: 5:54pm On Jun 25, 2019 |
It's written on the wall. 2 Likes 1 Share |
Re: Nigeria On The Verge Of Bankruptcy - Emir Sanusi by DuBLINGreenb(m): 5:54pm On Jun 25, 2019 |
Stop mongering fear instead profer SOLUTIONS. 4 Likes |
Re: Nigeria On The Verge Of Bankruptcy - Emir Sanusi by Paroh(f): 5:54pm On Jun 25, 2019 |
Can someone please help me with SAT preparatory materials please? Also I'm a struggling student with virtually no support. Kindly assist in any way you can thank you very much 1 Like |
Re: Nigeria On The Verge Of Bankruptcy - Emir Sanusi by Richdad50(m): 5:54pm On Jun 25, 2019 |
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Re: Nigeria On The Verge Of Bankruptcy - Emir Sanusi by Richdad50(m): 5:54pm On Jun 25, 2019 |
And your solution is............oh I forgot it's only commentary. Silly boy DuBLINGreenb: 7 Likes 1 Share |
Re: Nigeria On The Verge Of Bankruptcy - Emir Sanusi by Nobody: 5:54pm On Jun 25, 2019 |
EXACTLY Emir of Kano, Muhammad Sanusi 11 on Tuesday declared that Nigeria is on the threshold of bankruptcy following unfavourable economic policies such as subsidizing petroleum products and electricity tariffs. Finally, someone has the cojones to tell the truth. I should point out that the Emir has been saying this for years (along with Okonjo Iweala, he backed GEJ in 2012 over subsidy removal). The truth is, WE HAVE TO STOP PAYING SUBSIDES for power and electricity. Subsides have been going up because the number of Nigerians buying cars, generators, etc...is going up. Subsides are also the reason why we cannot build new refienreis and attract investment in the downstream sector...as well as the power sector...because who is going to refine fuel at N165 (NNPC figures) and sell it below N150?? Who is going to come and invest in pwoer sector and be colecting bills at 30% the cost of power production?? Who is going to accept government that forces him or her to sell goods at a loss, and only pays you the difference between the government price and the price you bought the goods at? And the cabals are being fuelled because quite simply...government polices force them to engage in sharp practices like smuggling fuel across the border to earn a profit...and make claims for products not improted. Meanhwile, oil our major earner is at $80 and below. We need it at $140 per barrel to be able to run an economy WITHOUT BORROWING. So, we have no choice. Subsidies must go. YES....we will be paying N300 and above for fuel (which by the way is what they pay in Niger, Cameroon, even Benin...and all these countries are as poor as we are...and Niger is even poorer...and they all produce oil). Yes, electricity bills will shoot up to N30000 and above per month for a one room apartment...but we haven't got any choice. Our budget cannot sustain us. So, let's face facts, YES....LET US FIGHT CORRUPTION AS WELL, LET APC STOP BEING PARTIAL....but the truth is SUBSIDY HAS TO GO...unless you got N20 TRILLION extra for Nigeria every year...somewhere. In 2012....Nigerians foolishly rejected GEJ's good idea of removal of subsidy...partial yes...but better than not removing it. Thanks to that we missed out in investment...and in job creation, refinery building (yes...we could have had more refinereis built than just Dangote) and even sorting out the power problem. Note...Any one quoting me to insult me, or curse me will be REPORTED TO THE MODS. You are free to disagree with me, but please be polite. Thank you 61 Likes 10 Shares |
Re: Nigeria On The Verge Of Bankruptcy - Emir Sanusi by teadrake(m): 5:55pm On Jun 25, 2019 |
Is better they even sell this country. Nothing is working in this country again. 2 Likes |
Re: Nigeria On The Verge Of Bankruptcy - Emir Sanusi by Lordofthewest(m): 5:55pm On Jun 25, 2019 |
That biafuro in the central bank should be held responsible, I guess the N500bn he stole is already having effect. ![]() 2 Likes |
Re: Nigeria On The Verge Of Bankruptcy - Emir Sanusi by skyhadi16(m): 5:55pm On Jun 25, 2019 |
OK he's saying it again o 1 Like |
Re: Nigeria On The Verge Of Bankruptcy - Emir Sanusi by Nobody: 5:56pm On Jun 25, 2019 |
No froblem we will sell cow |
Re: Nigeria On The Verge Of Bankruptcy - Emir Sanusi by Outreachms: 5:56pm On Jun 25, 2019 |
HRH Sir |
Re: Nigeria On The Verge Of Bankruptcy - Emir Sanusi by Nobody: 5:56pm On Jun 25, 2019 |
so that fuel will be 200 ba, useless emir. the opportunity cos of subsidy is embezzlement 4 Likes 1 Share |
Re: Nigeria On The Verge Of Bankruptcy - Emir Sanusi by bangbangall: 5:56pm On Jun 25, 2019 |
A child can play with it's mother's breasts but not with the father's testicles. 3 Likes 1 Share |
Re: Nigeria On The Verge Of Bankruptcy - Emir Sanusi by princechurchill(m): 5:56pm On Jun 25, 2019 |
Sell this country to China I'm ready to learn Mandarin 8 Likes 2 Shares |
Re: Nigeria On The Verge Of Bankruptcy - Emir Sanusi by kennydora: 5:57pm On Jun 25, 2019 |
I blame Buhari |
Re: Nigeria On The Verge Of Bankruptcy - Emir Sanusi by captianfreeman(m): 5:57pm On Jun 25, 2019 |
Ok |
Re: Nigeria On The Verge Of Bankruptcy - Emir Sanusi by myresearch: 5:57pm On Jun 25, 2019 |
Exotic cars |
Re: Nigeria On The Verge Of Bankruptcy - Emir Sanusi by ikezuora4689(m): 5:57pm On Jun 25, 2019 |
Na nw you get mouth talk because you are no longer benefiting......I swear this country don finish....we need someone like Martin Luther King...he fights for the people not his pocket |
Re: Nigeria On The Verge Of Bankruptcy - Emir Sanusi by SoNature(m): 5:59pm On Jun 25, 2019 |
Nigeria should pity themselves by slashing politicians salaries Government cannot continue subsidizing everything. 9 Likes |
Re: Nigeria On The Verge Of Bankruptcy - Emir Sanusi by zone51: 5:59pm On Jun 25, 2019 |
This man again ![]() ![]() |
Re: Nigeria On The Verge Of Bankruptcy - Emir Sanusi by KingLennon(m): 5:59pm On Jun 25, 2019 |
And you are part of Nigeria's problem HRH.... |
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