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Nairaland Forum / Nairaland / General / Politics / Atiku Shocked By Nigeria’s Debt Profile, Says Nation In Financial Crisis (33493 Views)
Tinubu & Atiku Shocked About Peter Obi's Popularity & Acceptance To Nigerians / FG Asks All Account Holders In Financial Institutions To Re-Register Despite BVN / Debt Profile Of The 36 States As At December 2018 (Pictured) (2) (3) (4)
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Re: Atiku Shocked By Nigeria’s Debt Profile, Says Nation In Financial Crisis by cray91(m): 3:18pm On Jun 16, 2020 |
why would he be shocked? it's not expected at all. was he not part of the people that looted and sucked the country dry. sell our future. so he's also part of the reason we are in this state now he should just shut the Bleep up ahmedkoded95: |
Re: Atiku Shocked By Nigeria’s Debt Profile, Says Nation In Financial Crisis by Okoroawusa: 3:19pm On Jun 16, 2020 |
Atiku nack head for wall or wait for 2023 election. I Love PMB |
Re: Atiku Shocked By Nigeria’s Debt Profile, Says Nation In Financial Crisis by Jahwinaboy(m): 3:19pm On Jun 16, 2020 |
Flier:Nobody is against borrowing but the rate . revenue to debt servicing 99%. Cut cost is the idea. Plz remove America when comparing it with Nigeria in any way. Their borrowing/printing is justified and can easily rebound. Only in Nigeria politicians borrow and share the money. 2 Likes |
Re: Atiku Shocked By Nigeria’s Debt Profile, Says Nation In Financial Crisis by nameo: 3:20pm On Jun 16, 2020 |
Flier: Yes, we have a Revenue Vs Expenditure(nasic obligations sef) issue, but when you are in the dire financial cum economic situation as described above (debt-to-revenue ratio tending to 100%), one of the things you must do is to reduce COST. Once you reduce cost(esp unnecessary ones), your expenditure will reduce thereby reducing pressure on your revenue and ensuring that your deficient spending(borrowing) reduces. That is massive and evn painful reduction of cost and blocking leakages on the revenue side. Yet Buhari has not only reduced cost. Cost has arguably increased. A President that therefore takes the lazy path of just borrowing more while using almost all its actual revenue to pay interests on previous loans is not only serious but sick. It should frighten you. 1 Like |
Re: Atiku Shocked By Nigeria’s Debt Profile, Says Nation In Financial Crisis by michoim(m): 3:20pm On Jun 16, 2020 |
Why won't he be shocked. Hypocrites |
Re: Atiku Shocked By Nigeria’s Debt Profile, Says Nation In Financial Crisis by TheStarsAlign: 3:20pm On Jun 16, 2020 |
As long as the cows are getting their monthly dumps, everything is fine and this man is just talking rubbish. Continue! it would soon be 'night' for y'all. ![]() ![]() ![]() 1 Like |
Re: Atiku Shocked By Nigeria’s Debt Profile, Says Nation In Financial Crisis by nameo: 3:21pm On Jun 16, 2020 |
Okoroawusa: Are you sure you are Nigerian?? 1 Like |
Re: Atiku Shocked By Nigeria’s Debt Profile, Says Nation In Financial Crisis by Sammiesparkly(m): 3:21pm On Jun 16, 2020 |
So our debt is higher than our revenue, Another Economy Recession Uploading!!! 1 Like |
Re: Atiku Shocked By Nigeria’s Debt Profile, Says Nation In Financial Crisis by winterfell007(m): 3:21pm On Jun 16, 2020 |
AFONJAPIG: Why are you such a terrible tribalist, you're increasingly getting psychotic. Do you have nightmares about the yoruba people? You need help, you need psychiatric evaluation. Take the advice from me as an igbo guy... 2 Likes |
Re: Atiku Shocked By Nigeria’s Debt Profile, Says Nation In Financial Crisis by Okoroawusa: 3:22pm On Jun 16, 2020 |
Intrepid01:Na wa o! You are also shocked? Atiku , PDP n Igbos are in shock? Okotorigba!!!! |
Re: Atiku Shocked By Nigeria’s Debt Profile, Says Nation In Financial Crisis by Charly68: 3:22pm On Jun 16, 2020 |
The Baba should keep quiet ,he is part of our problem |
Re: Atiku Shocked By Nigeria’s Debt Profile, Says Nation In Financial Crisis by Okoroawusa: 3:23pm On Jun 16, 2020 |
nameo:Nooo!....I am a Cameroonian better an Ambazonian Mgbo...mgbo....piapukwagi isi |
Re: Atiku Shocked By Nigeria’s Debt Profile, Says Nation In Financial Crisis by Nobody: 3:24pm On Jun 16, 2020 |
Wrong person |
Re: Atiku Shocked By Nigeria’s Debt Profile, Says Nation In Financial Crisis by kenniekool(m): 3:24pm On Jun 16, 2020 |
Incompetent president. |
Re: Atiku Shocked By Nigeria’s Debt Profile, Says Nation In Financial Crisis by cryptotech: 3:26pm On Jun 16, 2020 |
ok o, be in shock. |
Re: Atiku Shocked By Nigeria’s Debt Profile, Says Nation In Financial Crisis by rotadeco27: 3:26pm On Jun 16, 2020 |
You can never give what u don't have . |
Re: Atiku Shocked By Nigeria’s Debt Profile, Says Nation In Financial Crisis by gideonvalor98(m): 3:31pm On Jun 16, 2020 |
teadrake:Of course, but this administration is true to see to it as we can witness some of this projects on the verge of completion but all hands must be on deck on this...eyes must be wide open....no shady deals or cutbacks. God will help us |
Re: Atiku Shocked By Nigeria’s Debt Profile, Says Nation In Financial Crisis by Urchman200: 3:33pm On Jun 16, 2020 |
slivertongue:which area is he good at pls? |
Re: Atiku Shocked By Nigeria’s Debt Profile, Says Nation In Financial Crisis by gideonvalor98(m): 3:39pm On Jun 16, 2020 |
slivertongue: In this present situation, he is not to be held responsible. He has no choice than to borrow since there is no other means. But if borrowings are at very low interest and the purpose for which it is proposed feasible I.e in terms of ROI on major infrastructure, I think we will smile at the end. But can Nigeria success leaders be trusted to build a team of reputation and patriotism? I think that's where we should focus |
Re: Atiku Shocked By Nigeria’s Debt Profile, Says Nation In Financial Crisis by burgerpay1: 3:41pm On Jun 16, 2020 |
They should all continue to SHOCK.Their SHOCK their Wahala. |
Re: Atiku Shocked By Nigeria’s Debt Profile, Says Nation In Financial Crisis by Angelfrost(m): 3:48pm On Jun 16, 2020 |
If this nation were a key business, Buhari and his cabinet of morons would not be anywhere near it.... Everyone knows this... Tinubu, Oshiomhole, even Osibanjo know this all too well!!!... What Nigeria awfully and critically needed in 2015 was a savvy, shrewd, patriotic, and brainy economist as president with a select cabinet of like minds. Alas! We chose to be collectively stupid as a nation!!! A chance came up to correct that error last year, but of course, some people just want the nation buried in penury under an idiot!!! At this point, the nation should be handed over to UN or any other world economy, cos it might already be too late for even the best brains to salvage. 1 Like |
Re: Atiku Shocked By Nigeria’s Debt Profile, Says Nation In Financial Crisis by Centcanada: 3:50pm On Jun 16, 2020 |
Atiku re still among the problem thus country are having because his selfish ambition made him to kept silent when he fully knew buhari is dead but he did not say anything. Loot or not, you guys re all the same bad leaders. |
Re: Atiku Shocked By Nigeria’s Debt Profile, Says Nation In Financial Crisis by Sarch: 3:50pm On Jun 16, 2020 |
ahmedkoded95:We cannot be on the verge of economic ruin, while still maintaining a Presidential Air Fleet that has more planes than the Presidential fleets of those from whom we take these loans. |
Re: Atiku Shocked By Nigeria’s Debt Profile, Says Nation In Financial Crisis by Dannyilo(m): 3:51pm On Jun 16, 2020 |
Buhari is working. He will soon borrow 4billion dollars to fumigate Nigeria from pest and termites. We are not even indebted yet, let this 2nd term ends, we may use the next 100 years paying pile of debts from Buhari. |
Re: Atiku Shocked By Nigeria’s Debt Profile, Says Nation In Financial Crisis by Nobody: 3:52pm On Jun 16, 2020 |
Nigeria is gone |
Re: Atiku Shocked By Nigeria’s Debt Profile, Says Nation In Financial Crisis by amosrich(m): 3:57pm On Jun 16, 2020 |
Everybody is a hypocrite finally |
Re: Atiku Shocked By Nigeria’s Debt Profile, Says Nation In Financial Crisis by udemzyudex(m): 3:58pm On Jun 16, 2020 |
Atiku sef don dey shock. |
Re: Atiku Shocked By Nigeria’s Debt Profile, Says Nation In Financial Crisis by FunkyJustice(m): 4:01pm On Jun 16, 2020 |
No be only buhari wey things dey shock make e follow shock atiku.. |
Re: Atiku Shocked By Nigeria’s Debt Profile, Says Nation In Financial Crisis by shiwex: 4:02pm On Jun 16, 2020 |
[b][/b]We need this full data on our debt to be made public.......We need to request for a FOI on this data |
Re: Atiku Shocked By Nigeria’s Debt Profile, Says Nation In Financial Crisis by ODI444(m): 4:03pm On Jun 16, 2020 |
ahmedkoded95:This the career of our Finance Minister But before then, she graduated from ABU, did her second degree in a State University in South West and that’s all. Didn’t see her ICAN or ANA membership history. This country is in the hands of mediocres. Zainab Shamsuna is the current Minister of Finance, Budget and National Planning[8] of the Federal Republic of Nigeria. Zainab Shamsuna was the immediate past executive secretary and national coordinator of the Nigeria Extractive Industries Transparency Initiative (NEITI). She was also a member of the last two NEITI boards, having worked in the NEITI and global EITI. An accountant by profession with a Bachelor of Science degree in accounting from ABU Zaria and a Master’s in Business Administration (MBA), Ahmed, in her biography, says she has “extensive knowledge and diverse experience in public sector reform and management.” Upon graduation, Ahmed was employed in 1982 as an Accountant II in the Main Accounts of Ministry of Finance in Kaduna State and was promoted to Accountant I in March 1984, but resigned in 1985 to join NITEL. Earlier, she had done her National Youth Service in Kaduna State in 1981/1982 where she was posted for primary assignment to Messrs. Egunjobi Suleiman & Co. Chartered Accountants, and served as an Audit Trainee. Ahmed has served the Nigerian public in various high ranking positions, including as managing director of the Kaduna State of Nigeria’s investment company, and also the Chief Finance Officer of the Nigeria mobile telecommunications company. [9] Zainab was reappointed and sworn in as the Minister of Finance on the 21st of August 2019 by the President[10] |
Re: Atiku Shocked By Nigeria’s Debt Profile, Says Nation In Financial Crisis by socialmediaman: 4:09pm On Jun 16, 2020 |
IMAliyu: That could be a conversation if the youths fighting themselves on social media push for it. But still corruption is the major problem. He’ll still rig the election if it were by electoral college. For instance in the last election, there’s no way he won 25% Of votes in the SE and some SS states, but rigging helped him fulfill the constitutional requirements. There has been virtually no free and fair election in Nigeria since 1999, it’s all about greed and corruption |
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