darkwan:


you realy dont know much about hitler....
i heared stuffs....

yeah i know quiet alot about hitler

I think.i am now in support of this $30bn loan...seeing low(debt to GDP) it is my opinion changed instantly...


Nigeria's Debt To GDP Ratio Drops To 18.99%—DMO

The Debt Management Office (DMO) has disclosed that the debt stock to Gross Domestic Product (GDP) of Nigeria reduced to 18.99 percent as at June 30, 2019 from 19.09 percent as at December 31, 2018.

The agency made this disclosure while rolling out the Medium–Term External Borrowing Plan of the federal government, which is meant to stimulating economic growth, diversify the economy and bring about investments in human capital.

In the plan, the debt office emphasised that the present level of Nigeria’s debt to GDP ratio was very low when compared with many advanced nations like the United States of America (USA).

However, it stressed that where the problem lies for the Africa’s largest economy is its debt service to revenue ratio, which the DMO said was high at 57 percent in 2017 and 51 percent in 2018.

This was attributed to the increase in the debt stock and relatively high domestic interest rates, noting that it was for this reason government has decided to borrow externally through the $30 billion loan is seeks approval for from the National Assembly.

“Nigeria has a ceiling of 25 percent on the total public debt stock to GDP, which it has operated within,” the debt office said in the plan viewed by Business Post, adding that the debt service/revenue ratio “provides strong justification for the current drive to increase oil and non-oil revenues significantly.”

According to the DMO, “The United States of America, United Kingdom and Canada had debt/ GDP ratios of 105 percent, 85 percent and 90 percent in 2017 which were much higher than that of Nigeria, but because they generate adequate revenues, their debt service/revenue for the same year were 12.5 percent, 7.5 percent and 7.5 percent respectively.

“The case was also similar for Brazil, South Africa, Kenya and Mexico who had higher Debt/GDP than Nigeria (74 percent, 53 percent, 57 percent and 46 percent respectively), but had lower debt service/revenue of 32.20 percent, 11.4 percent, 13.2 percent and 13.6 percent respectively.”

“This is clear evidence that Nigeria’s revenues are low. This is further demonstrated by Nigeria’s tax to GDP ratio of only 6 percent in 2018 compared to: Kenya-15.7 percent, Morroco-21.8 percent, Cameroon-12.2 percent and South Africa-27.5 percent, all for 2017. These, attest to the fact that Nigeria has a Revenue challenge rather than a debt problem,” the DMO added.

The debt office threw its weight behind the borrowing plan, saying it would be used to develop infrastructure in the country like roads, railways, waterways and power, which it said “will help to unleash the potentials of the Nigerian economy.”

“Other loans such as those for the educational sector will contribute to the development of Nigeria’s human capital, while loans for agriculture will be used to diversify the economy.

There will also be funding for development finance institutions to enhance access to finance for micro, small and medium scale enterprises,” the debt office further said.

https://businesspost.ng/economy/nigerias-debt-to-gdp-ratio-drops-to-18-99-dmo/

kikuyu1:


You do go on! I'm not preaching but giving evidence with sources and I've severally told you disprove ONE OF MY SOURCES. I couldn't be bothered to rehash it cause frankly if anyone can't see the reasons for violence in homos they never will. Prove any of the Nazi/Pathan/Bachi baaz/Tutsi/US military homo links are fake.
Also the proven link between mass murderers and faggotry-don't post anymore denial or deflection. I'll wait.

As I told you, I can't dumb down to your level because I'm scared of heights, thus trying to have an intellectual debate with a gay... Sorry guy, who believes in Black Nazis, unicorns and what not would be an utter waste of time!

SUFFERInSMILIIN:


Nigeria in all it glory

Naija looks like Dystopia

jln115:
As I told you, I can't dumb down to your level because I'm scared of heights, thus trying to have an intellectual debate with a gay... Sorry guy, who believes in Black Nazis, unicorns and what not would be an utter waste of time!

Again, fk off and cape for gays at home and across the sea! You Souties tell on yourselves more than you'll ever know. Also you have an unfortunate habit of assuming you CONTROL the narrative and can frame it as you see fit.
This is a public forum ,son and you don't OWN THE debate anymore than you OWN THE weather. Rmbr that before jumping in spewing B.S.!

samorobo:
I think.i am now in support of this $30bn loan...seeing low(debt to GDP) it is my opinion changed instantly...


Nigeria's Debt To GDP Ratio Drops To 18.99%—DMO

The Debt Management Office (DMO) has disclosed that the debt stock to Gross Domestic Product (GDP) of Nigeria reduced to 18.99 percent as at June 30, 2019 from 19.09 percent as at December 31, 2018.

The agency made this disclosure while rolling out the Medium–Term External Borrowing Plan of the federal government, which is meant to stimulating economic growth, diversify the economy and bring about investments in human capital.

In the plan, the debt office emphasised that the present level of Nigeria’s debt to GDP ratio was very low when compared with many advanced nations like the United States of America (USA).

However, it stressed that where the problem lies for the Africa’s largest economy is its debt service to revenue ratio, which the DMO said was high at 57 percent in 2017 and 51 percent in 2018.

This was attributed to the increase in the debt stock and relatively high domestic interest rates, noting that it was for this reason government has decided to borrow externally through the $30 billion loan is seeks approval for from the National Assembly.

“Nigeria has a ceiling of 25 percent on the total public debt stock to GDP, which it has operated within,” the debt office said in the plan viewed by Business Post, adding that the debt service/revenue ratio “provides strong justification for the current drive to increase oil and non-oil revenues significantly.”

According to the DMO, “The United States of America, United Kingdom and Canada had debt/ GDP ratios of 105 percent, 85 percent and 90 percent in 2017 which were much higher than that of Nigeria, but because they generate adequate revenues, their debt service/revenue for the same year were 12.5 percent, 7.5 percent and 7.5 percent respectively.

“The case was also similar for Brazil, South Africa, Kenya and Mexico who had higher Debt/GDP than Nigeria (74 percent, 53 percent, 57 percent and 46 percent respectively), but had lower debt service/revenue of 32.20 percent, 11.4 percent, 13.2 percent and 13.6 percent respectively.”

“This is clear evidence that Nigeria’s revenues are low. This is further demonstrated by Nigeria’s tax to GDP ratio of only 6 percent in 2018 compared to: Kenya-15.7 percent, Morroco-21.8 percent, Cameroon-12.2 percent and South Africa-27.5 percent, all for 2017. These, attest to the fact that Nigeria has a Revenue challenge rather than a debt problem,” the DMO added.

The debt office threw its weight behind the borrowing plan, saying it would be used to develop infrastructure in the country like roads, railways, waterways and power, which it said “will help to unleash the potentials of the Nigerian economy.”

“Other loans such as those for the educational sector will contribute to the development of Nigeria’s human capital, while loans for agriculture will be used to diversify the economy.

There will also be funding for development finance institutions to enhance access to finance for micro, small and medium scale enterprises,” the debt office further said.

https://businesspost.ng/economy/nigerias-debt-to-gdp-ratio-drops-to-18-99-dmo/

I know you are an illiterate even you can support a cockroach

IronGalaxy:
Naija looks like Dystopia

Iron Galaxy at least you are still alive and enjoying my pictures so what do you think about the pictures and videos of suffering and smiling show

SUFFERInSMILIIN:


I know you are an illiterate even you can support a cockroach

I don't want to hear pim from you hold your lips


Good boy

samorobo:


Lol darkwan you will not kill us on this thread...if a German guy his not bulling you then an English boy is trying to rape you....

Take it easy bro....by all means protect your anus from this English homo

its not a joke oo....
they mean it....!!

jln115:
As I told you, I can't dumb down to your level because I'm scared of heights, thus trying to have an intellectual debate with a gay... Sorry guy, who believes in Black Nazis, unicorns and what not would be an utter waste of time!

their were black nazis in the german army....

darkwan:


their were black nazis in the german army....

jln115:
As I told you, I can't dumb down to your level because I'm scared of heights, thus trying to have an intellectual debate with a gay... Sorry guy, who believes in Black Nazis, unicorns and what not would be an utter waste of time!

If by any chance they existed the correct terminology would be African Nazis. Thank you.

gallivant:




If by any chance they existed the correct terminology would be African Nazis. Thank you.

yeah....but they were their too....

darkwan:


yeah....but they were their too....

I dont know but wouldn't be shocked if they were. WW11 was messed up, everyone got caught up. Everyone but evil blood sucking Switzerland.

What is this one saying sef? Your soldiers were killed like chicken in Liberia, under ecomog. They are being killed like chicken by boko haram every day. Talking stvpidly.

The Ghanaian army captain was not dressed in uniform. The guy was out jogging and was attacked. Nigeria soldiers are killed in worse circumstances, so stop talking crap!

All your top military commanders, including obasanjo were all trained in Ghana. Absolutely rubbish talk

pacretus:
A Ghanaian soldier, an officer for that matter was killed like a chicken his body almost burnt to ashes by the villagers who accused him of being a criminal. Or is it the woman who poured hot soup on a your police chief (a senior police chief) I can post the links to these 2 stories and many more.

Now, no Nigerian soldier on a neutral ground has ever been killed like a chicken.

As for your under bridge story, im a Nigerian,never for once have I come across such lies.
Agberos in Nigeria dread the military.
And over here the police and army respects each other.

Martial art my foot, every military teach basic survival skills including close combat fights(mostly martial art).

Don't forget Nigerian navy trains your Special forces( from start to finish)... so give respect to your seniors ok.

GENEGIRIA:
What is this one saying sef? Your soldiers were killed like chicken in Liberia, under ecomog. They are being killed like chicken by boko haram every day. Talking stvpidly.

The Ghanaian army captain was not dressed in uniform. The guy was out jogging and was attacked. Nigeria soldiers are killed in worse circumstances, so stop talking crap!

All your top military commanders, including obasanjo were all trained in Ghana. Absolutely rubbish talk

yet Your weak general cowardly refused to go to Liberia, go to Liberia and SL today, they still thank Nigeria for helping them. But Gh nothing good to say about the useless country. Comeback when Gh has engaged in a major battle, not kataka shiny military equipment you only bring out to wash and take back to bases.
I wonder how on earth someone will compare a Ghanaian soldier who since after basic training
Has never been to battle field,only chewing banku to a Nigerian soldier who has faced multiple swords and bullets.

Lol those military academy in Gh back then was headed by the british military training school for a course and afterwards went to sandurst. Thats Some 50 years back.(when the USA completes their colony bases in GH, of course we would from time to time pay them a visit)

But I'm telling you that your most Elite SF (not regular soldiers) are trained in Nigeria by our own very navy, even wear our own Uniform.

All Gh are really Goats. Dumb goats

https://www.youtube.com/watch?v=ZGYHek1BYNE

samorobo:
I think.i am now in support of this $30bn loan...seeing low(debt to GDP) it is my opinion changed instantly...


Nigeria's Debt To GDP Ratio Drops To 18.99%—DMO

The Debt Management Office (DMO) has disclosed that the debt stock to Gross Domestic Product (GDP) of Nigeria reduced to 18.99 percent as at June 30, 2019 from 19.09 percent as at December 31, 2018.

The agency made this disclosure while rolling out the Medium–Term External Borrowing Plan of the federal government, which is meant to stimulating economic growth, diversify the economy and bring about investments in human capital.

In the plan, the debt office emphasised that the present level of Nigeria’s debt to GDP ratio was very low when compared with many advanced nations like the United States of America (USA).

However, it stressed that where the problem lies for the Africa’s largest economy is its debt service to revenue ratio, which the DMO said was high at 57 percent in 2017 and 51 percent in 2018.

This was attributed to the increase in the debt stock and relatively high domestic interest rates, noting that it was for this reason government has decided to borrow externally through the $30 billion loan is seeks approval for from the National Assembly.

“Nigeria has a ceiling of 25 percent on the total public debt stock to GDP, which it has operated within,” the debt office said in the plan viewed by Business Post, adding that the debt service/revenue ratio “provides strong justification for the current drive to increase oil and non-oil revenues significantly.”

According to the DMO, “The United States of America, United Kingdom and Canada had debt/ GDP ratios of 105 percent, 85 percent and 90 percent in 2017 which were much higher than that of Nigeria, but because they generate adequate revenues, their debt service/revenue for the same year were 12.5 percent, 7.5 percent and 7.5 percent respectively.

“The case was also similar for Brazil, South Africa, Kenya and Mexico who had higher Debt/GDP than Nigeria (74 percent, 53 percent, 57 percent and 46 percent respectively), but had lower debt service/revenue of 32.20 percent, 11.4 percent, 13.2 percent and 13.6 percent respectively.”

“This is clear evidence that Nigeria’s revenues are low. This is further demonstrated by Nigeria’s tax to GDP ratio of only 6 percent in 2018 compared to: Kenya-15.7 percent, Morroco-21.8 percent, Cameroon-12.2 percent and South Africa-27.5 percent, all for 2017. These, attest to the fact that Nigeria has a Revenue challenge rather than a debt problem,” the DMO added.

The debt office threw its weight behind the borrowing plan, saying it would be used to develop infrastructure in the country like roads, railways, waterways and power, which it said “will help to unleash the potentials of the Nigerian economy.”

“Other loans such as those for the educational sector will contribute to the development of Nigeria’s human capital, while loans for agriculture will be used to diversify the economy.

There will also be funding for development finance institutions to enhance access to finance for micro, small and medium scale enterprises,” the debt office further said.

https://businesspost.ng/economy/nigerias-debt-to-gdp-ratio-drops-to-18-99-dmo/

Fake GDP will always lower GDP to anything ratio but boy spending 75% of your revenues to repay debt is Beyond Crazy.It basically mean you cannot even meet salary and pension payments leave alone recurrent gov expenditure.Some things are only possible in the zoo like debt servicing ratio of 75%

rvp20182:
Fake GDP will always lower GDP to anything ratio but boy spending 75% of your revenues to repay debt is Beyond Crazy.It basically mean you cannot even meet salary and pension payments leave alone recurrent gov expenditure.Some things are only possible in the zoo like debt servicing ratio of 75%

Your Dept is the highest in Africa you're swimming in dept. Borrowing Money from the Chinese colony to repay dept is the most useless thing on Earth your GDP is fake as usual. You produce nothing in that zoo

samorobo:


Lol you this guy you keep making my day....you are the same person complaining about nigerians in South Africa and other countries in the world and yet you don't want them to return home...

Okay tell us where you want them to be then...

Booming population is a problem china saw it look where it is now

Nigeria is really amazing, they singsing want their people coming home. Ive never send or heard anything like that in any country. Are things that bad in nigeria?

SUFFERInSMILIIN:


Nigeria in all it glory

You are becoming too desperate now, stop trying too much

Don't resort to Fake news

There are places like that in your home country too, even worse than that

Kuruptnigga:
Your Dept is the highest in Africa you're swimming in dept. Borrowing Money from the Chinese colony to repay dept is the most useless thing on Earth your GDP is fake as usual. You produce nothing in that zoo

Did you know Japan GDp to debt is over 200%, japan is over $10 trillion in debt

US owes over $20 trillion

As long as you can repay debt is not a huge problem, credit record

[quote author=SUFFERInSMILIIN post=85077584]

[/quote
sufferi,they will tell you that's kibera..

Austine1212:


Booming population is a problem china saw it look where it is now

Nigeria is really amazing, they singsing want their people coming home. Ive never send or heard anything like that in any country. Are things that bad in nigeria?

I'm confused can you say that again in a different way

Austine1212:


Did you know Japan GDp to debt is over 200%, japan is over $10 trillion in debt

US owes over $20 trillion

As long as you can repay debt is not a huge problem, credit record

America would not be able to pay back it's debt if America tried than their whole economy would go into recession and everyone in the whole country would have to pay like 10 000 dollars each

What it actually is, if your a powerful country economically and military wise you don't have to pay for the debt

kikuyu1:


Again, fk off and cape for gays at home and across the sea! You Souties tell on yourselves more than you'll ever know. Also you have an unfortunate habit of assuming you CONTROL the narrative and can frame it as you see fit.
This is a public forum ,son and you don't OWN THE debate anymore than you OWN THE weather. Rmbr that before jumping in spewing B.S.!

Now I'm a soutie?? Haven't I openly stated my ethnicity on this thread just a couple of days ago?

As for the bolded..... You should take your own advice, this is a public forum and You DONT CONTROL the narrative, hence Iam allowed to respond to your b.s!!

gallivant:




If by any chance they existed the correct terminology would be African Nazis. Thank you.

@kikuyu1 used that terminology not me

Abohboy:



America would not be able to pay back it's debt if America tried than their whole economy would go into recession and everyone in the whole country would have to pay like 10 000 dollars each

What it actually is, if your a powerful country economically and military wise you don't have to pay for the debt

$20 trillion is almost americas gdp. Its not about military its about credit record, ability to repay, gold reserves, etc

If you have a plan in place to repay its no problem

Greece debt is over 130%

jln115:
Now I'm a soutie?? Haven't I openly stated my ethnicity on this thread just a couple of days ago?

As for the bolded..... You should take your own advice, this is a public forum and You DONT CONTROL the narrative, hence Iam allowed to respond to your b.s!!

IT'S NOT COMPLICATED!

You do go on! I'm not preaching but giving evidence with sources and I've severally told you disprove ONE OF MY SOURCES. I couldn't be bothered to rehash it cause frankly if anyone can't see the reasons for violence in homos they never will. Prove any of the Nazi/Pathan/Bachi baaz/Tutsi/US military homo links are fake.
Also the proven link between mass murderers and faggotry-don't post anymore denial or deflection. I'll wait

That's all you have to do. It's critical cause ITS THE BASIS FOR WHAT THE TUTSI HAVE BEEN DOING FOR 3 DECADES NOW. If you can't or won't STFU!

samorobo:
I think.i am now in support of this $30bn loan...seeing low(debt to GDP) it is my opinion changed instantly...


Nigeria's Debt To GDP Ratio Drops To 18.99%—DMO

The Debt Management Office (DMO) has disclosed that the debt stock to Gross Domestic Product (GDP) of Nigeria reduced to 18.99 percent as at June 30, 2019 from 19.09 percent as at December 31, 2018.

The agency made this disclosure while rolling out the Medium–Term External Borrowing Plan of the federal government, which is meant to stimulating economic growth, diversify the economy and bring about investments in human capital.

In the plan, the debt office emphasised that the present level of Nigeria’s debt to GDP ratio was very low when compared with many advanced nations like the United States of America (USA).

However, it stressed that where the problem lies for the Africa’s largest economy is its debt service to revenue ratio, which the DMO said was high at 57 percent in 2017 and 51 percent in 2018.

This was attributed to the increase in the debt stock and relatively high domestic interest rates, noting that it was for this reason government has decided to borrow externally through the $30 billion loan is seeks approval for from the National Assembly.

“Nigeria has a ceiling of 25 percent on the total public debt stock to GDP, which it has operated within,” the debt office said in the plan viewed by Business Post, adding that the debt service/revenue ratio “provides strong justification for the current drive to increase oil and non-oil revenues significantly.”

According to the DMO, “The United States of America, United Kingdom and Canada had debt/ GDP ratios of 105 percent, 85 percent and 90 percent in 2017 which were much higher than that of Nigeria, but because they generate adequate revenues, their debt service/revenue for the same year were 12.5 percent, 7.5 percent and 7.5 percent respectively.

“The case was also similar for Brazil, South Africa, Kenya and Mexico who had higher Debt/GDP than Nigeria (74 percent, 53 percent, 57 percent and 46 percent respectively), but had lower debt service/revenue of 32.20 percent, 11.4 percent, 13.2 percent and 13.6 percent respectively.”

“This is clear evidence that Nigeria’s revenues are low. This is further demonstrated by Nigeria’s tax to GDP ratio of only 6 percent in 2018 compared to: Kenya-15.7 percent, Morroco-21.8 percent, Cameroon-12.2 percent and South Africa-27.5 percent, all for 2017. These, attest to the fact that Nigeria has a Revenue challenge rather than a debt problem,” the DMO added.

The debt office threw its weight behind the borrowing plan, saying it would be used to develop infrastructure in the country like roads, railways, waterways and power, which it said “will help to unleash the potentials of the Nigerian economy.”

“Other loans such as those for the educational sector will contribute to the development of Nigeria’s human capital, while loans for agriculture will be used to diversify the economy.

There will also be funding for development finance institutions to enhance access to finance for micro, small and medium scale enterprises,” the debt office further said.

https://businesspost.ng/economy/nigerias-debt-to-gdp-ratio-drops-to-18-99-dmo/

Mean while, this tiny, resources-less, unproductive slums capital of the world.

Austine1212:


Did you know Japan GDp to debt is over 200%, japan is over $10 trillion in debt

US owes over $20 trillion

As long as you can repay debt is not a huge problem, credit record

Those are developed countries with developed economies...having high debt to GDP is not healthy and safe for a developing nation most especially of Kenyan standard...

Austine1212:


Booming population is a problem china saw it look where it is now

Nigeria is really amazing, they singsing want their people coming home. Ive never send or heard anything like that in any country. Are things that bad in nigeria?

Sorry but I don't understand what you are trying to say...perhaps you might need to re-write again..