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Nairaland Forum / Nairaland / General / Politics / If A Country Split, Who Pays Their Debt (4660 Views)
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Re: If A Country Split, Who Pays Their Debt by project8(m): 11:10am On Oct 02, 2020 |
AlexBells:I think they will use our foreign reserve to pay and any foreign asset we have. 1 Like 1 Share |
Re: If A Country Split, Who Pays Their Debt by baralatie(m): 11:12am On Oct 02, 2020 |
project8:that foreign reseve is in dollars and America will seat on it first before anybody can even smell it |
Re: If A Country Split, Who Pays Their Debt by Nobody: 11:14am On Oct 02, 2020 |
AlexBells:APC will pay in the spirit of sai Baba. Cc lzaa 1 Like 1 Share |
Re: If A Country Split, Who Pays Their Debt by capitalzero: 11:18am On Oct 02, 2020 |
IMF, World Bank etc will step in and allocate liabilities and assets to emerging states, Yugoslavia a case study. 3 Likes 1 Share |
Re: If A Country Split, Who Pays Their Debt by Openbusiness: 11:19am On Oct 02, 2020 |
AlexBells:The people that signed up for the loans, whichever region they came from will inherit it na. |
Re: If A Country Split, Who Pays Their Debt by baralatie(m): 11:24am On Oct 02, 2020 |
capitalzero:yeah! chai! Yugoslavia na wa o! 2 Likes |
Re: If A Country Split, Who Pays Their Debt by Angelnath(m): 11:35am On Oct 02, 2020 |
The states take care of their own dept while the federal dept is shared equally. We all agree that during the forceful marriage of nigeria by the brits |
Re: If A Country Split, Who Pays Their Debt by baralatie(m): 11:36am On Oct 02, 2020 |
Angelnath:oga federal debts are not shared equally |
Re: If A Country Split, Who Pays Their Debt by valentineuwakwe(m): 11:38am On Oct 02, 2020 |
Google former Yugoslavia or Soviet union an check how their debt stories ended! |
Re: If A Country Split, Who Pays Their Debt by Nobody: 11:49am On Oct 02, 2020 |
Depends on agreement and area that benefitted most from the loan Nigeria inherited debt colonial masters incurred |
Re: If A Country Split, Who Pays Their Debt by DerideGull(m): 11:59am On Oct 02, 2020 |
AlexBells: Islamic Republic of Arewa, of course. The goons from Arewa borrowed the money which they used to develop northern region of shithole called Nigeria therefore Arewa shall be solely responsible for the borrowed money. No silly fool will be allowed to bring the dirty name of Nigeria into Republic of Igbo land or even Biafra. |
Re: If A Country Split, Who Pays Their Debt by orisa37: 12:10pm On Oct 02, 2020 |
We shall cross the Bridge when we get there. No one is splitting like everyone goes his or her separate ways. We are our brothers' keepers. NIGERIA remains intact. Just that we shall have a Federal Government carrying on limited AUTHORITIES AND RESPONSIBILITIES for FOREIGN AFFAIRS, MILITARY AND TREATIES. Why can't NIGERIA be reasonable? We are asking you to practise PRESIDENTIAL SYSTEM THE AMERICAN WAY, SIMPLE. THIS FULANI WAY YOU ARE USING IS LIKE CARRYING CATTLE TO NIGER REPUBLIC AND THE SAHEL REGION. |
Re: If A Country Split, Who Pays Their Debt by orisa37: 1:36pm On Oct 02, 2020 |
NIGERIA is a ROYAL CHARTER and so cannot split. Our 36 States are Autonomous, Constitutional and cannot get out of NIGERIA without consequences. All we are saying is for the F.G TO SHED OFF HERSELF THE CONSTITUTIONAL POWERS AND RIGHTS OF THE 36 CONSTITUTIONAL STATES WHICH ARE UNDEMOCRATICALLY ARROGATED TO HER BY THE EXCLUSIVE LIST OF THE 1999 CONSTITUTION. WHEN APREC-AUTONOMOUS POLICING RESOURCING AND ELECTIONEERING CONTROL IS FULLY APPLIED AND WORKING AND THE FEDERAL GOVERNMENT IS LIMITED TO FEDERAL LIAISON GOVERNMENT FOR FOREIGN AFFAIRS MILITARY AND TREATIES, NIGERIANS WILL LIVE HAPPILY EVER AFTER. FEDERAL LIAISON GOVERNMENT WILL CONTINUE TO RECONCILE WITH THE 36 CONSTITUTIONAL STATES TO PAY NIGERIA FOREIGN DEBTS. |
Re: If A Country Split, Who Pays Their Debt by AlexBells(m): 1:41pm On Oct 02, 2020 |
orisa37:Why won't you just use simpler words, left more confused 1 Like |
Re: If A Country Split, Who Pays Their Debt by orisa37: 1:48pm On Oct 02, 2020 |
AlexBells: Sorry. Some words are too ambiguous and not political. |
Re: If A Country Split, Who Pays Their Debt by IGBOSON1: 1:56pm On Oct 02, 2020 |
I would imagine all debt is documented....not just all lumped together as national debt! It would therefore be dissected and treated on a case-by-case basis! Those who were greedy, self-centred and thought they were doing Ndigbo by denying us infrastructure and taking everything for themselves, will have a rude awakening when they get the bill from the Chinese and other financial institutions for the railway, roads, airport terminals, power stations, dams and refineries they greedily domiciled in their backyards to the exclusion of others! |
Re: If A Country Split, Who Pays Their Debt by IGBOSON1: 1:58pm On Oct 02, 2020 |
orisa37: If the mighty Roman Empire, USSR and Sudan can split, what makes you think Nigeria can’t!? 2 Likes |
Re: If A Country Split, Who Pays Their Debt by AlexBells(m): 2:04pm On Oct 02, 2020 |
IGBOSON1:Outside interest, Nigeria is not mighty Rome nor Vast USSR, Nigeria is just an overpopulated liability of a country, Nigeria has no value to international community except being a place to dump their commodities and being used as a political experiment, that's why it be hard for Nigeria to break, Nigerian unity does not threaten anybody in the international community |
Re: If A Country Split, Who Pays Their Debt by famouscargo4u: 2:05pm On Oct 02, 2020 |
The lender will have to take over assets of the country |
Re: If A Country Split, Who Pays Their Debt by IGBOSON1: 2:09pm On Oct 02, 2020 |
baralatie: Hehehehehe ![]() ![]() ![]() When they were chopping, the thing dey sweet dem for belle! Would love to see their faces when they’re collared by the Chinese for payment! ![]() |
Re: If A Country Split, Who Pays Their Debt by AlexBells(m): 2:19pm On Oct 02, 2020 |
famouscargo4u:You mean solid minerals or liquid minerals because as it stand, Naija no get assets unless na to come collect some humans and cows, tell me which Asset Nigeria Nigeria get 2 Likes |
Re: If A Country Split, Who Pays Their Debt by famouscargo4u: 2:33pm On Oct 02, 2020 |
AlexBells: C'mon, Nigeria has a lot of assets even abroad. |
Re: If A Country Split, Who Pays Their Debt by AlexBells(m): 2:37pm On Oct 02, 2020 |
famouscargo4u:Oya mention such assets na, unless you are talking about embassies |
Re: If A Country Split, Who Pays Their Debt by LOVELYSKINZNEW(f): 3:18pm On Oct 02, 2020 |
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Re: If A Country Split, Who Pays Their Debt by Intrepid01(m): 3:54pm On Oct 02, 2020 |
baralatie: There’s a difference between national debt and state debt...state debt won’t be shared but national debt would be shared. |
Re: If A Country Split, Who Pays Their Debt by Intrepid01(m): 4:02pm On Oct 02, 2020 |
AlexBells: Me analyser...how important was Sudan to the Intl community in 2011 when they broke up? 2 Likes |
Re: If A Country Split, Who Pays Their Debt by Jacksparrow7(m): 4:36pm On Oct 02, 2020 |
Simpleee... #Nigeria is crucified Hahahaaa |
Re: If A Country Split, Who Pays Their Debt by LukasPodolski: 4:41pm On Oct 02, 2020 |
Igbochief001: igbochief101 the total debt of Nigeria at the moment is $78billion, where are we Igbos going to see this money? looking forward to the day you will stop saying nonsense. |
Re: If A Country Split, Who Pays Their Debt by AlexBells(m): 4:43pm On Oct 02, 2020 |
Intrepid01:Then Sudan had no Influnce in the Global community, you don't ever put sudan and Nigeria in one sentence, is Sudan and South Africa in the same Rank, if we talk African country that is of international interest, you talk Nigeria, Egypt, Algeria, Lybia, etc.. Bringing Sudan in the picture is an insult to Nigeria, let me tell you what happened with Sudan, when there is no interest then the world sue for peace, you have to also look at the other side of illegal arms deal which Russia is the chief dealer, if South Sudan continues to be in chaos then Russia will have a field day selling arms, so the other powers may then decide to bring lasting peace. That's how global politics works |
Re: If A Country Split, Who Pays Their Debt by Intrepid01(m): 4:57pm On Oct 02, 2020 |
[quote author=AlexBells post=94541628] Then Sudan had no Influnce in the Global community, you don't ever put sudan and Nigeria in one sentence, is Sudan and South Africa in the same Rank, if we talk African country that is of international interest, you talk Nigeria, Egypt, Algeria, Lybia, etc.. Bringing Sudan in the picture is an insult to Nigeria, let me tell you what happened with Sudan, when there is no interest then the world sue for peace, you have to also look at the other side of illegal arms deal which Russia is the chief dealer, if South Sudan continues to be in chaos then Russia will have a field day selling arms, so the other powers may then decide to bring lasting peace. That's how global politics works [/quote Lol...I kinda like your analysis...definitely you’re one of those right wing news takers...all dem super powers are involved in illegal arms deal bruv, take it or leave it. 2 Likes |
Re: If A Country Split, Who Pays Their Debt by Nobody: 5:01pm On Oct 02, 2020 |
LukasPodolski:78 billion dollars is 7.8 billion dollars per year right ? GDP of Igbo land is over 120 billion ...every serious country have a GDP to budget ratio of 30% So Igbo would have a budget of $40 billion per year ( yes because we are patriotic and merit is followed ) .....7.2 billion dollars is a debt all igbos would be proud to pay for freedom for 10 years It's possible but we won't be that charitable |
Re: If A Country Split, Who Pays Their Debt by LukasPodolski: 5:25pm On Oct 02, 2020 |
Igbochief001: the GDP of igboland is $120billion? are you drunk sir, even the oil rich South South does not in anyway has $120b Gdp, if the SS cannot boast of $120b then how would the poor and wrecked Igboland ? even as rich as Nigerian is, we are still lamenting that the fg borrowed 1.6b from China to build train, where would you guys see $7.2 billion every year to pay debt? that's approximately 3 trillion naira every year. from petty trading? where? tell me. budget of 40billon dollars per year? that's over 15 trillion naira, where una go see the money? even the budget of Nigeria is less than 10trillion naira. the richest state in igboland, Anambra budgeted 110billion naira, the total budget of the 5 Igbo states cannot be more than 500billion naira, considering that these budgets are mostly gotten from loans, federal allocation residues e.t.c. chai, looking forward to the day you will stop saying nonsense. Nigeria as a country rich in Oil and gas, agric produce e.t.c we are all complaining of this huge loan, we are afraid that China will take over our country.. because the loan is too much. but one idiot from the second poorest region (economic wise) think they can singlehandedly pay this huge debt... I don't know what is wrong with you, honestly. you keep saying nonsense with confidence, 99% of your comments including the Mrvitalis alternative are filled with ignorance, you really need to change. |
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