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Nairaland Forum / Nairaland / General / Politics / NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 (6398 Views)
Gulf Of Guinea Piracy Falls To Lowest Since Q2 2019, NIMASA Reacts / Nigeria’s Total Public Debt Jumps By 15.64% To ₦33.107 Trillion – DMO / Nigeria’s GDP Grows 1.94% In Q2 2019 (2) (3) (4)
Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by gurunlocker: 8:35am On Oct 23, 2019 |
post=83385533: Lol... Wailing? I don't wail.... That's your job to do as you are still ranting about 16 years even when your failure boss has spent 4 years plus. Oh! in case you don't know math, you've got 3.5 years to do your zombeism job. Good luck with that as well. 2 Likes |
Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by GMbuharii: 8:38am On Oct 23, 2019 |
post=83384760: 2019 award winner of MENTAL. Btw,shut up, thank you 1 Like |
Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by jconsulting(f): 8:38am On Oct 23, 2019 |
One day Facebook or Google will buy Nigeria 1 Like |
Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by sapientia(m): 8:45am On Oct 23, 2019 |
Share it in years |
Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by MANNABBQGRILLS: 8:45am On Oct 23, 2019 |
Lol ![]() Kids everywhere! ![]() ![]() ![]() 1 Like 2 Shares |
Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by jcross19: 8:49am On Oct 23, 2019 |
post=83384760:when criminal is in power people suffer! buhari came like a messiah but turned out to be a worst criminals in the history of our beloved nation!. 1 Like |
Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by deadBBQ: 8:54am On Oct 23, 2019 |
[s] post=83385921:[/s] 1 Like |
Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by deadBBQ: 8:58am On Oct 23, 2019 |
[s] post=83385533:[/s] 1 Like |
Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by TGM2015: 9:02am On Oct 23, 2019 |
Lazy Nigerian Youths. As at June 2015,Nigeria debt profile was about N23trn. $63.806bn x N360 = N22.90trn approximately N25.70trn - N22.90trn = N2.8trn Thus, Buhari has been paying those debt his administration incurred. https://www.premiumtimesng.com/news/headlines/293012-fact-check-how-accurate-is-osinbajos-claim-on-nigerias-debt-profile.html/amp/
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Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by Reference(m): 9:09am On Oct 23, 2019 |
And to think someone offered me a government contract a couple of weeks ago. Simply told him that government is essentially insolvent and cannot meet its obligations.... why should I partner with such. I told him, that if I was broke and neck deep in debt, will he expose himself financially to me? I simply cannot understand how those who do business with government sleep with their two eyes closed and with their hearts at peace. Abeg, I no fit add my name to the 17 trillion naira list. 1 Like |
Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by Tianamen1: 9:25am On Oct 23, 2019 |
TGM2015: in 2015, the exchange rate was between 160 to 200 naira to 1 usd, so your calculations are wrong. 2 Likes 1 Share |
Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by Comedian2019: 9:40am On Oct 23, 2019 |
1shortblackboy:Who wan buy liability ![]() |
Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by Tianamen1: 9:54am On Oct 23, 2019 |
post=83384760: To be honest, there is no difference between the GEJ and Buhari administration on the issue of economic management. The crisis we are facing was foretold as far back as 2012 by people such as NOI, Steve Oronsaye, and Charles Soludo. Others such as Sam Amadi hinted at the importance on maintaining a stable currency to ensure that consumers have the ability to pay for electricity, thus creating a market mechanism to increase the production and supply of electricity, yet no one listened. in 2015, the IMF advised the Nigerian government to implement policies espoused by NOI and Steve Oronsaye, yet the government refused to listen. WHERE WE ARE NOW as debts rise, - the government will be forced to sell national assets. - the government will be forced to further depreciate the naira creating a new currency crisis. - the government will be forced to implement Oronsaye's policies which should have been implemented as far back as 2012 A new Hope (short term boost) there are many indicators that oil prices are going to rise above $100 dollars within one to two years time. indicators such as a weakening USD due to falling interest rates in USA, depletion of shale reserves in USA and increased global demand for energy as a result of development and population growth. This increase in prices however, may not last more than a few years as people and governments around the world may switch to energy efficient, green friendly, electricity powered vehicles. If this happens, this change in taste and preferences to electric powered vehicles would be the death knell to high oil and gas prices. ps. Oil prices may not even rise to 100 USD in the first place as a result of the development of shale fields in other countries from the USA. Thoughts and prayers... 1 Like 1 Share |
Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by TGM2015: 10:04am On Oct 23, 2019 |
Tianamen1:Common the figure was in dollars, the writer of this thread post should have quoted the debt in dollars but choose Naira to make it look outrageous. So are you telling me that if you owed a bank $10k dollars in 2015 and you are asked to pay back the debt today in Naira, you will be using N200 exchange rate? The debt were taken in dollars and repaid in dollars except the local debts. |
Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by MANNABBQGRILLS: 10:07am On Oct 23, 2019 |
Tianamen1:Very good input and analysis by you sir. We hope the government take some cue from the source you quoted. A better Nigeria is all we want. Stay blessed sir! 2 Likes 2 Shares |
Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by clarocuzioo(m): 10:18am On Oct 23, 2019 |
post=83384760: I think the right thing to say is what your Lord and savior has looted, See as they are looting away the future of your generations yet unborn and you are clapping for them because if peanuts. Their children school in Harvard and Oxford, giving juicy NNPC and other parastatals appointments, but you where did you school? Where do you even anticipate your kids will school? When you answer that sincerely you realise how sensible you are. Keep supporting these politicians while they rape you of your common patrimony and throw crumbs at you. |
Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by sigidi5: 10:32am On Oct 23, 2019 |
[s] post=83388179:[/s] 1 Like |
Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by BlackDonald: 10:38am On Oct 23, 2019 |
rodeo0070: ![]() Lol |
Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by hybridblood07(m): 10:38am On Oct 23, 2019 |
And some people said Democracy era is better than Military Regime. I think it's time to go back to Military regime which law and orders take effect immediately. rodeo0070: |
Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by tonyimadu: 12:57pm On Oct 23, 2019 |
post=83384760:Abeg what kind of mathematics is this? What wa's the cost of dollar as if May 2015? Why are you multiplying by 360 instead of 180 2 Likes 1 Share |
Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by forsto(m): 1:01pm On Oct 23, 2019 |
Nigeria and the debt not optional With good government how long does it takes to clear it all. God Bless my Country. |
Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by SolarHub(m): 2:32pm On Oct 23, 2019 |
It's well o GRAB THIS 1KVA SOLAR POWER SYSTEM AND ENJOY MINIMUM 8 HOURS ELECTRICITY DAILY... PROMO ENDS TOMORROW NOON |
Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by ursullalinda(f): 9:36pm On Oct 23, 2019 |
explosiveskull: Far about what? |
Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by explosiveskull(m): 5:44am On Oct 24, 2019 |
ursullalinda:Mental family sickness. See this wild animal forming funky and razzy, go and die abeg. |
Re: NBS Says Nigeria's Total Public Debt Stood At N25.70trn In Q2 2019 by ursullalinda(f): 8:15am On Oct 24, 2019 |
explosiveskull: ������ pls who opened the psychiatric gate you escaped from? Kindly go and finish your treatment to need am. And it will go along way in bringing you back to life |
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