The inflow from the euro bond added to our ability to stabilze the naira in the short term 2 it increase portfolios investments into Nigeria by 100 percent (onvestor confidence ) 3 it mitigate the effect of inflation on the Nigeria masses due to devaluation 4 it improves out credit rating globally in debt markers 5 it reduces the interest paid on local debt 6 it allow local companies acess bond market at cheaper rate not be crowed out 9it allow importation of raw material and equipments at a competatative exchange rate increasing industrialization and jobs,

hustla:


Only that in Nigeria, na looting and looting and lining of personal pockets dey follow

It's a black man thing I guess

I am yet to see a country 85% populated by blacks that id progressing or a 1st world country

I really hope i am wrong

bostwana is progressing steady against all odds ...eurobonds are not converted to naira and sent to politicians they are tie to specific projects that will be finance or sureup the fx reserves against shocks

The only stupid loan is the 400m dollars Chinese cctv loan approved by jonathan and oversaw by iweala ...am still in shock how she agree to such a grand scam ...no qorking or vandalised cctv

The brand new Chinese terminals are there if u are a frequent fly in Nigeria u will know the improvements

ahiboilandgas:
bostwana is progressing steady against all odds ...eurobonds are not converted to naira and sent to politicians they are tie to specific projects that will be finance or sureup the fx reserves against shocks

Botswana? Could have bet on someone mentioning Rwanda

The specific projects will be awarded to humans resident in Nigeria right

None of these projects mentioned are productive, for example if you invest $10.8 billion in a project and come back to tell me to forgive the debt due to a virus that affects the world, my question will be;

How much has the projects generated so far, and I will be told as a matter of fact none of the projects is generating enough to repay back, guess what my response will be, there is huge gap between productive projects and the Nigerian govt. embezzling projects.

A project has time, scope and budget. Time takes into account repayment too, you know IMF is not a Charity organisation, these debts are to be repayed and defaults attracts lower credit worthiness for the defaulting party.

ahiboilandgas:
u are very wrong ,the debts is currently used to finance the rail way projects.the kaduna -abuja railways is working used by the masses , the lagos -ibadan has been completed like wise the cargo section is been completed that why they are constructing a new bridge in costain ,the abuja airport to town metro is completed,the warri -itakpe line is completed and working ,the apapa to agege aircondition train is working and the new airport terminals in Lagos and kano , enugu have been completed

Leadera are reflection of the society this was stated over 2000 years ago by a prophet so black nation /society is a reflection of the masses ....if from the masses that leader and President come from so they are a reflection of our characters....i recently read a mother and son killed the junior son in order to be successful in yahoo plus ...or the recent cult wars ....what progress to u expect from a society fill with criminally minded population ? There notting wrong with the land Nigeria but it inhabitant..if u deport all the Nigerians in his land to japan and bring 200m Japanese into Nigeria in 20 years time all the ills of Nigeria will be in Japan

TotoNaRubber:
None of these projects mentioned are productive, for example if you invest $10.8 billion in a project and come back to tell me to forgive the debt due to a virus that affects the world, my question will be;

How much has the projects generated so far, and I will be told as a matter of fact none of the projects is generating enough to repay back, guess what my response will be, there is huge gap between productive projects and the Nigerian govt. embezzling projects.

A project has time, scope and budget. Time takes into account repayment too, you know IMF is not a Charity organisation, these debts are to be repayed and defaults attracts lower credit worthiness for the defaulting party.

are u in Nigeria ? The train is working i used it several times ,the Lagos own is currently free from idu to ibadan...the projects are called social ìnvestemts not to generate profits but to be self sustaining....The govt plan to use earning from crude oil and export to pay off the loan...

Imf loans ,euro bonds and Chinese infrasture loan all have diff purposes...dont lump all into loans .....this international finance determine by several factor ....loan to gdp , export revenue , assets etc

Worst come to worst the Nigerian state holdings in Nlng is over 25b dollars this can be cash out to pay up

hustla:



Botswana? Could have bet on someone mentioning Rwanda

The specific projects will be awarded to humans right resident in nigeria right

u are not making intelligent points...read up in human developments index then we continue

The corona out break has soon clearly that their no prefect system the white we so worship.just 2 months of lock down over 40 m americans are on food stamps and unemployed with zero saving .over 100m americans live pay check to pay check and cant affore a 400 dollars emergency....compared that to china 4 months lock down .the Chinese man can literally surive a lock down cos of their saving culture

ahiboilandgas:
u are not making intelligent points...read up in human developments index then we continue

[quote author=hustla post=89204185]

[/qh uote] am giving u free msc research topic ...how do Africa states pay back their euro bond in disaster period by HUSLA ......second research paper ....human development index case study Botswana published by HUSLA

ahiboilandgas:
bostwana is progressing steady against all odds ...eurobonds are not converted to naira and sent to politicians they are tie to specific projects that will be finance or sureup the fx reserves against shocks

Very true, ahib. Rwanda is garnering attention because of the swift progress so far, but people don't know much about Botswana, the secret (to most), hidden treasure of Africa. Very good GDP too compared to her counterparts.

Tabuse20:


Very true, ahib. Rwanda is garnering attention because of the swift progress so far, but people don't know much about Botswana, the secret (to most), hidden treasure of Africa. Very good GDP too compared to her counterparts.

I have seen articles saying Rwanda is mostly Social media and packaging but they seem to be doing quiet ok

I could be wrong though

hustla:


I have seen articles saying Rwanda is mostly Social media and packaging but they seem to be doing quiet ok

I could be wrong though

That's what they want you to think. Rwanda's president is known for past war crimes and a dictatorial approach to governance. He is not very liked by the powers that be, (France e.t.c) hence anything to diminish the progress they have made so far will be pushed. In healthcare coverage alone, they stand out as one of the best in Africa - they are making progress in other aspects too. Not perfect in terms of governance, but who is to say that democracy is the best form of governance?

hustla:


I have seen articles saying Rwanda is mostly Social media and packaging but they seem to be doing quiet ok

I could be wrong though

Don't mind them; Rwanda is doing very well.

Lol.

What's Rwanda's GDP?

A whole country will build an ordinary computer lab, take the pictures and upload to the internet. You people will be here shouting Rwanda is heaven on earth.

Don't let crispy PR images and articles deceive you.

Grupo:
Lol.

What's Rwanda's GDP?

A while country will build an ordinary computer lab, take the pictures and upload to the internet. You people will be here shouting Rwanda is heaven on earth.

Don't let crispy PR images and articles deceive you.

Educate us please: what is Rwanda's GDP? I know of Botswana's. Have you visited Rwanda before? It is not all social media please. I for one is very happy that a few African countries are making progress. If this can spur our useless leaders to do better, then maybe we can reach our own potential one day.

Modified: nobobdy said Rwanda is heaven on earth. They are doing better than us in some aspects, period.

Tabuse20:


That's what they want you to think. Rwanda's president is known for past war crimes and a dictatorial approach to governance. He is not very liked by the powers that be, (France e.t.c) hence anything to diminish the progress they have made so far will be pushed. In healthcare coverage alone, they stand out as one of the best in Africa - they are making progress in other aspects too. Not perfect in terms of governance, but who is to say that democracy is the best form of governance?

Exactly

Wonderful analysis

Grupo:
Lol.

What's Rwanda's GDP?

A while country will build an ordinary computer lab, take the pictures and upload to the internet. You people will be here shouting Rwanda is heaven on earth.

Don't let crispy PR images and articles deceive you.

Maybe you are right. My assessment is based on what I saw in my one year of living in Rwanda. It is not just about social media assessment.

Tabuse20:


Educate us please: what is Rwanda's GDP? I know of Botswana's. Have you visited Rwanda before? It is not all social media please. I for one is very happy that a few African countries are making progress. If this can spur our useless leaders to do better, then maybe we can reach our own potential one day.

Modified: nobobdy said Rwanda is heaven on earth. They are doing better than us in some aspects, period.

You are correct. I actually don't like going into argument here. I worked directly with the government of Rwanda for more than one year. One will weep for Nigeria if you see how Rwanda government works; some would say Paul Kagame is a dictator, he is this or that ..

IamR:

You are correct. I actually don't like going into argument here. I worked directly with the government of Rwanda for more than one year. One will weep for Nigeria if you see how Rwanda government works; some would say Paul Kagame is a dictator, he is this or that ..

Anywhere Murika is not able to infiltrate, they will smear you with their propaganda and media and call you a dictator blah blah

Democracy wont work for all countries

As at yesterday these are the rates for Money Market Funds, with the three firms I have dealings with.

1.FBN Asset Management 5.3%

2.FSDH Asset Management 6.19%

3.United Capital Asset Mgt 7.23%


Rates are determined by the proportion and duration of Treasury Bills, Commercial papers, FG bonds and Fixed deposits, they have in their portfolios.


The rates are poor but still better than buying Treasury Bills, MMF are also more flexible

Murika? That's a new one and definitely a good code name.

Damasco4u:
Hey guys, If you ready to learn fake bank alert... Dm. 3000 naira ni ooooooooo. Make anybody no come my dm for free teaching o cos i also use money learn ham ni. 0.8.1.1.6.2.3.1.3.8.3 One love

You should be arrested..I do not as a person see anything to learn from that other than fraud.

Damasco4u:
Hey guys, If you ready to learn fake bank alert... Dm. 3000 naira ni ooooooooo. Make anybody no come my dm for free teaching o cos i also use money learn ham ni. 0.8.1.1.6.2.3.1.3.8.3 One love

It's like you don't know the kind of thread you're in.
If SARS or IRT tracks you and picks you up, your relatives would sell everything they have to bail you and treat the bullet wound on your leg.

Pity your loved ones and avoid crime.

emmanuelewumi:
As at yesterday these are the rates for Money Market Funds, with the three firms I have dealings with.

1.FBN Asset Management 5.3%

2.FSDH Asset Management 6.19%

3.United Capital Asset Mgt 7.23%


Rates are determined by the proportion and duration of Treasury Bills, Commercial papers, FG bonds and Fixed deposits, they have in their portfolios.


The rates are poor but still better than buying Treasury Bills, MMF are also more flexible

Thank you, Elder; this is not bad. Let me contact them for account opening.

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