NewStats: 3,262,304 , 8,176,750 topics. Date: Sunday, 01 June 2025 at 06:17 PM 4fx57

Done sir

aribs:


DM privately and someone will be in touch

ye

we go sale this country to pay debt soon

Money wey Dem no share give me,,,what a country?

Chai we are finished in this country

No be say to borrow na taboo
I fact even USA get debt wey our own
The fear is that most of the money will end up in one person pocket rather than be used to pursue the projects it was borrowed for



Let us do small maths


Est. Population of Nigeria is 200 million
Total debt is 28trillion

Now:
28,000,000,000,000/200,000,000=140000

That means every Nigerian is owing 140000 Naira

The worst part is that the debt profile is moving up very swiftly

Maybe when Buhari is done with us everybody will be owing 500000 naira

Then China will take over our country to host her overwhelming population

about 30 % of our number has never in their lifetime counted 50k of theirs

APC MAI BACHI, APC ONiGBESE

Zombies you see the result of your Presidebt without a certificate.

In 2023, the new government that takes over should freeze the s of all government officials that served in the tenure of this APC government.. Then transfer all their money to the nations treasury . Then arrest them all and put them in a Psychiatric hospital (Insanity is the only explanation for their actions so far).

Then we will call China and all that the loan was taken from to come and pick them up as repayment for all the loans. The loans were taken by individuals and not by Nigeria because if you look around the whole of Nigeria, you cannot see what any of the loans were spent on.

China should remand all of them in labour camps under hard labour. Nigeria has no business with China. China should get the loan from the individuals who embezzled the loan.

Anwons:
When people without direction are in control of governance, news of this kind are inevitable!

Very sad

APC - Association of Pathetic Criminals.

deji17:
What is the equivalent of this in USD?
2010 - 2020 (10 years) : Nigeria Debts Journey.

This is wickedness.
I mean the pictures you attached.
APC has destroyed our economy and Buhar recent got approval to borrow more money

It is on threads like this that I expect mannabbgrills and his/her gang to come up to defend the action of this govt and their darling daddy but they are no where to be found.
How some Nigerians obvious evil and yet convince themselves that they are doing good amaze me.

ajbf:

This is wickedness.
I mean the pictures you attached.
APC has destroyed our economy and Buhar recent got approval to borrow more money

Can you read? Between 2010 - 2015, under Jonathan, Nigeria borrowed $35 billion USD, depleted the foreign reserve and sold oil at average of $100 per barrel, yet, nothing to show for all the revenue windfall, borrowing and depletion of savings.
Whereas under Buhari between 2015 and 2020, Nigeria has borrowed $16 billion USD, earned less from oil revenue @ average of $45 per barrell, and added to the foreign reserve.
If one is not a thief, the difference should be very clear.

deji17:


Can you read? Between 2010 - 2015, under Jonathan, Nigeria borrowed $35 billion USD, depleted the foreign reserve and sold oil at average of $100 per barrel, yet, nothing to show for all the revenue windfall, borrowing and depletion of savings.
Whereas under Buhari between 2015 and 2020, Nigeria has borrowed $16 billion USD, earned less from oil revenue @ average of $45 per barrell, and added to the foreign reserve.
If one is not a thief, the difference should be very clear.

You need to study the tables you used to indict yourself very.
Not everybody is a fool.

Racoon:


https://punchng.com/nigerias-debt-profile-hits-n28-63tn/?amp=1

We will eventually be forced to choose between restructuring and outright breakup. O lord help me this year, i want to jump from the sinking ship .

ajbf:

You need to study the tables you used to indict yourself very.
Not everybody is a fool.

If one is not a thief from the school of thought where 17 is greater than 19, then it is so obvious that $35 billion USD is greater than $16 billion USD.

Racoon:


https://punchng.com/nigerias-debt-profile-hits-n28-63tn/?amp=1

The people deserve the government they have

APCccc NEXTtttt .........

For another government inheritance

Buhari oh buhari

Can y'all name one country that is not in debt?

The modarn slavery country they are not in chains: But they are in debt.
NIGERIA: we are in the slavery country now!!!

PDP 16 years it was #12.06tr.

APC "5 years" it is #16.57tr.

Total is #28.63tr

And we still have 3 more years to go.

I thought someone said he'll not borrow a dime if elected during the build up to the 2015 general election,but what do we find today?

https://www.vanguardngr.com/2015/07/n12trn-debt-profile-worsens-nigerias-woes/amp/

deji17:


Can you read? Between 2010 - 2015, under Jonathan, Nigeria borrowed $35 billion USD, depleted the foreign reserve and sold oil at average of $100 per barrel, yet, nothing to show for all the revenue windfall, borrowing and depletion of savings.
Whereas under Buhari between 2015 and 2020, Nigeria has borrowed $16 billion USD, earned less from oil revenue @ average of $45 per barrell, and added to the foreign reserve.
If one is not a thief, the difference should be very clear.

PDP 16 years it was #12.06tr.

APC "5 years" it is #16.57tr.

Total is #28.63tr

And we still have 3 more years to go.

How much was a dollar then and how much is it now w.r.t the crude oil sales?

https://www.vanguardngr.com/2015/07/n12trn-debt-profile-worsens-nigerias-woes/amp/

N28.63tn could have transformed this country like Dubai. Unfortunately, we have criminals as "leaders"!

Racoon:


https://punchng.com/nigerias-debt-profile-hits-n28-63tn/?amp=1

December 2020 keh? Have we entered 2021?

youtryo:
blood of God

Are you okay? Does God has blood?

With all this money, no tangible infrastructure to improve our present condition.Nigeria was designed to fail from on set.

What if we are unable to pay back, what is/are the effect(s) on commoners?
I'm just curious

Gerundphrase:
Chai we are finished in this country

No be say to borrow na taboo
I fact even USA get debt wey our own
The fear is that most of the money will end up in one person pocket rather than be used to pursue the projects it was borrowed for



Let us do small maths


Est. Population of Nigeria is 200 million
Total debt is 28trillion

Now:
28,000,000,000,000/200,000,000=140000

That means every Nigerian is owing 140000 Naira

The worst part is that the debt profile is moving up very swiftly

Maybe when Buhari is done with us everybody will be owing 500000 naira

Then China will take over our country to host her overwhelming population

about 30 % of our number has never in their lifetime counted 50k of theirs

my brother u are not far from the truth, this country will be taken over by China very soon