NewStats: 3,262,585 , 8,177,601 topics. Date: Monday, 02 June 2025 at 09:25 PM 274t1u6z3e3g |
Despite Leaving $70bn In Nigeria’s Coffers, We Owe More Debt Now – Obasanjo (12449 Views)
MrSly(m): 8:49am On Oct 26, 2024 |
9jatriot:Long sighted man that is hailing Tinubu for his reckless policies how far so far? 1 Like |
OALandAgents: 8:50am On Oct 26, 2024 |
Obasanjo is a liar he was the president to welcomed World Bank and IMF loan peddlers and back into the country after Abacha had chased them away. How can you have $70bn and still be inviting loans and have $70bn and fail to build any notable infrastructure in 8 years tenure. Obasanjo was an unmitigated failure! |
MrSly(m): 8:51am On Oct 26, 2024 |
Svoboda:Once hailed a renovated national theatre few minutes ago, another white elephant project. Nigerians are not ready yet for good governance and that is why these rubbish politicians would always manipulate una. 1 Like |
Global2000: 9:14am On Oct 26, 2024 |
What happened after 12yrs still the blame game. Tinubu should simply it that he is not capable. We thought Buhari is a disaster. But no Tinubu is a catastrophe.
ALTERNATEID: 2 Likes |
coleon(m): 9:37am On Oct 26, 2024 |
Vision101:And he's right, of course OBj is by far the best leader Nigeria has ever had since we started democracy in 1999. Objs record is unmatched in all areas of our national life. He revolutionalized telecoms in Nigeria, infact you are using your phone to type this rubbish today because of OBj, he left office with Zero debt while the present looters we have today has taken our debt to over 100 Trillion , inflation was single digits all through OBjs tenure while today Nigerias inflation is over 100 percent. OBj assembled the best brains and technocrats but today appointments is all about political patronage and not merits.Obj fought corruption and not caring whose Ox is gored, I recall Tafa Balogun and many high profile corrupt officers going to jail in his time. So OBj has the bragging right abeg, he's the best we have had so far when you compare it to the incompetent buffons like Jonathan,Buhari and now the incompetent druglord we have in aso rock today. 1 Like |
idealogical: 9:38am On Oct 26, 2024 |
Kukutente23: Operation Feed the Nation was in 1976, not 1979, and if you have a list of his achievements, why not make yourself useful by listing them? You also lack basic knowledge regarding the subject matter, but nothing stops you from reading and educating yourself before you open your mouth. So, if he looted in 1976, it doesn't matter, and we shouldn't talk about it. We should only be concerned about 1999 to 2007. Something is seriously wrong with your crooked and corrupt brain. |
LZAA: 9:43am On Oct 26, 2024 |
EmperorCaesar:You Apcheat minions are really dum.b Really you lot defy logic ![]() ![]() ![]() |
frankson1(m): 11:09am On Oct 26, 2024 |
Smithkafors: Was it Tinubu or Buhari that took over from Obj ![]() Obj should also tell Nigerians how much millions of dollars he took along with him. |
frankson1(m): 11:13am On Oct 26, 2024 |
HighChiefZino: How much did GEJ add to the billions of dollars obj said he left?? |
yussybenayu: 12:27pm On Oct 26, 2024 |
Svoboda:What are you saying? Ask Google first before showing your ignorance here |
Johncuppa(m): 1:02pm On Oct 26, 2024 |
Bomnaija:You're meant for Facebook. Who told you about nairaland? |
Indelibleage: 1:37pm On Oct 26, 2024 |
Svoboda: During President Olusegun Obasanjo's istration (1999–2007), several large-scale healthcare projects were undertaken across Nigeria, focusing on expanding and improving healthcare infrastructure. Key projects included: 1. National Hospital Abuja - Although initially opened in 1999, substantial upgrades and expansions took place during Obasanjo's istration, aiming to make it a major tertiary referral center. 2. Federal Medical Centers (FMCs) - Several existing FMCs were expanded, and new ones were constructed in states without tertiary hospitals. This helped to decentralize healthcare and bring more advanced medical services to different regions. 3. Teaching Hospital Upgrades - Significant investments were made in upgrading existing teaching hospitals (such as those in Ibadan, Lagos, and Enugu) to improve capacity and quality of care in medical training institutions. 4. Primary Health Care Centers - A nationwide push for primary healthcare centers was also a priority, aiming to make basic healthcare accessible at the grassroots level, though this was on a smaller scale compared to major hospitals. The project for the permanent site of Jos University Teaching Hospital (JUTH) in Lamingo was initiated during President Olusegun Obasanjo's istration in Nigeria, which spanned from 1999 to 2007. It was commissioned in 2007. These efforts were part of the government's National Health Policy, which aimed to improve healthcare delivery across all levels in Nigeria. |
Indelibleage: 1:38pm On Oct 26, 2024 |
OALandAgents: Check your records please! |
ElSudani: 1:55pm On Oct 26, 2024 |
gidgiddy: You Igbos were the greatest ers of Jonathan who squandered a promising economy, gave someone a billion dollars to facilitate his reelection and set in motion the borrowing spree that continued until Buhari. Tinubu inherited a completely ruined economy. |
gidgiddy: 2:40pm On Oct 26, 2024 |
ElSudani: Jonathan was not Igbo, matter how Igbos ed him. I bought a bag of at N7000 during his time, now I can't buy the same bag of rice for 10 times that amount For 60 years, none Igbos have rule Nigeria and totally messed it up to shocking standards |
ElSudani: 2:45pm On Oct 26, 2024 |
gidgiddy: You bought a bag of whatever for N7000 but without consulting you he borrowed billions of dollars on your behalf. You may not be able to make the connection but you are simply paying back with high prices what he borrowed in your name. |
MountHoreb: 3:06pm On Oct 26, 2024 |
EmperorCaesar: But you refused to crucify the rogues called governors that took the federal government to court to shear the Excess Crude money during gej era where ngozi okonjo iweala and Peter Obi were telling them to save? You are been clever by half. |
BigIyanga: 5:20pm On Oct 26, 2024 |
In May 2015, our external debt was $10bn when GEJ left office. In 2024: our external debt is $50bn. So GMB and BAT have added $40bn to the national debt 400%… but their minions are still blaming GEJ. They inherited $450bn economy and ran it down to $230bn |
Alaska5050(m): 5:47pm On Oct 26, 2024 |
flyinnizam: I thought u wanted to help? |
idealogical: 6:22pm On Oct 26, 2024 |
Another OBJ looting scandal.
1 Like |
Okortor: 8:12pm On Oct 26, 2024 |
As a paid online miscreants u re...what proof do you have to assert ur claims?
muykem: |
PropertyOffers(f): 8:17pm On Oct 26, 2024 |
What a postulation! 🤔
Tokskob2008: |
OALandAgents: 8:29pm On Oct 26, 2024 |
The same Obasanjo gave away Natural Resource rich Bakassi Peninsula to Cameroon for free. Made $16n disappearing the name of providing us light but only provided more darkness. Gave away our $1Trillion (dollars ooo!) oil block Malabu to a couple of foreign oil companies. Mismanaged and finally liquidated our national carrier Nigeria Airways. I could go on and on! If you ask his er what he achieved in his 8 years tenure they would struggle to tell you some would say he brought GSM to Nigeria ![]() ![]() ![]() ![]() ![]() ![]() MrSly: |
OALandAgents: 8:43pm On Oct 26, 2024 |
The same GEJ that was so incompetent he handed over an empty treasury to Buhari with nothing to show for what he spent the money on and he couldn't even pay for his essential obligations , to the extent Buhari had to bail out about 30 states just to allow them to pay salaries. Same GEJ that could not fund the military adequately, and allowing BokoHaram to be setting off bombs in Abuja and Chad troops to moving around free in the our North East territory in the name of assisting us fight Boko Haram. Tinubu is a colossal disaster - still unfolding , so was Obasanjo but GEJ can by no means be described as anything other than disastrous failure. BigIyanga: |
BigIyanga: 12:41am On Oct 27, 2024 |
OALandAgents:Your feelings are not facts. External debt stood at $10bn when GEJ left office. External Reserves stood $32bn. GDP was $450 with 7% annual growth. GMB came in and exploded the extenetnak debt by $30+bn… then printed more money by CBN via Ways and Means.. GMB Ran Naija down… and BAT is following his footsteps |
OALandAgents: 2:13am On Oct 27, 2024 |
You are not telling the truth. Nigeria debt was far higher than $10bn when GEJ handed over to Buhari
BigIyanga: |
BigIyanga: 4:22am On Oct 27, 2024 |
OALandAgents: Feelings arent facts. Show us your facts. https://saharareporters.com/2022/10/25/nigerias-external-debt-hits-40billion-under-buhari-government-10billion-2015
|
adenigga(m): 5:42am On Oct 27, 2024 |
coleon:For this comment.........
|
Caseless: 6:27am On Oct 27, 2024 |
Jonathan started it. Buhari's hands were tied, he went overdrive with loan with nothing to show for - especially the ways and means they resorted to thereby causing inflation that we're currently fighting. Excess crude ? Blame Amaechi for why it was shared or "frittered" away. |
muykem: 6:30am On Oct 27, 2024 |
MrSly:You are sounding very illogical. The issue is that OBJ said he left 70b dollars in Nigeria reserve but GEJ handover 28.5b dollars to Buhari, |
muykem: 6:33am On Oct 27, 2024 |
Okortor:Please use your brain. GEJ inherented 70b dollars from OBJ and handover 28.5b dollars to Buhari, that's the bone of contention. |
BigIyanga: 6:40am On Oct 27, 2024 |
muykem:You guys have refused to unlearn rumours and bad history. ECA was not part of foreign reserves and not inherited. Naija govs got 55% of that money when it wss shared. ECA was declared illegal by supreme court |
FG, AGF Ask Supreme Court To Strike Out Cross River’s Suit On Onnoghen
(Go Up)
Sections: How To . 59 Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or s on Nairaland. |