NewStats: 3,261,536 , 8,174,283 topics. Date: Thursday, 29 May 2025 at 02:39 PM 3i2m6c

SmartPolician:


The same heartless lending institutions that give you loans and don't mind you collecting the blood your citizens to repay their loans and pay interests on them? You should be worried whenever those folks are hailing a government.

Besides, leadership is about the people. When Nigerians, not fellow politicians, start praising this government, you know they are doing the right thing. For now, this istration is horrible!

What will you now say about this ?

Comparing Nigeria,South Africa and Egypt debts:

In the 2024/25 financial year, South Africa's total debt, including government, household, and corporate debt, is estimated to be around $699.5 billion. This includes a government debt component of $300.2 billion (USD) at the end of 2024. The total debt represents a significant portion of the country's GDP, with the debt-to-GDP ratio ranging from 69.2% to 129%.


While all the total debt of Nigeria is 94.23 billion dollars that of South Africa is more than seven times bigger at 699.5 billion dollars.


As for Egypt.....
In June 2024, Egypt's external debt was $152.9 billion, which is 40% of its GDP. This means that Egypt owes approximately $152.9 billion in total debt to external creditors.

While Nigeria's total debt is $94.23 billion,Egypt is your oga in debt with $152.9 billion and Egypt household debt(domestic) is $23.5 billion dollars...totalling $176.4 billion.

https://www.ceicdata.com/en/indicator/egypt/household-debt


In 2025, Egypt's population is estimated to be around 118.4 million, while South Africa's population is estimated to be around 64.7 million. Egypt's population is projected to be 116.5 million in 2024. South Africa's population was estimated to be 63.0 million in 2024.
In 2025, Nigeria's population is projected to be around 234.57 million. In 2024, the population was estimated at 227.71 million. Projections indicate a significant increase in population over the next few years, according to statista.

SmartPolician:
Akin Adesina is about to retire from the AfDB and settle in Nigeria, so he doesn't want Tinubu's DSS harassing him for earlier saying that Tinubu has destroyed the country. That's why he's writing this ass-licking sequel

What about World Bank, IMF and Fitch rating are they all coming to settle in Nigeria too because they have all said the same positive words about Tinubu's reforms?
Or are you just sad of good news as usual?

Maxymilliano:


https://www.vanguardngr.com/2025/05/tinubus-two-years-the-worst-in-nigerias-history-cupp/?fbclid=IwY2xjawKkyw9leHRuA2FlbQIxMQBicmlkETFsak53eUxtdENLNW9Yekh1AR7YDVE1fSm9kECvTjhA6qdiZshk5ag9dCJbyJFCXT1xBxtbeER53M81SMPfhQ_aem_C9yVdQYlgkMZqSRlLRPdsg

Ignorance from CUPP.
Comparing Nigeria,South Africa and Egypt debts:

In the 2024/25 financial year, South Africa's total debt, including government, household, and corporate debt, is estimated to be around $699.5 billion. This includes a government debt component of $300.2 billion (USD) at the end of 2024. The total debt represents a significant portion of the country's GDP, with the debt-to-GDP ratio ranging from 69.2% to 129%.


While all the total debt of Nigeria is 94.23 billion dollars that of South Africa is more than seven times bigger at 699.5 billion dollars.


As for Egypt.....
In June 2024, Egypt's external debt was $152.9 billion, which is 40% of its GDP. This means that Egypt owes approximately $152.9 billion in total debt to external creditors.

While Nigeria's total debt is $94.23 billion,Egypt is your oga in debt with $152.9 billion and Egypt household debt(domestic) is $23.5 billion dollars...totalling $176.4 billion.

https://www.ceicdata.com/en/indicator/egypt/household-debt


In 2025, Egypt's population is estimated to be around 118.4 million, while South Africa's population is estimated to be around 64.7 million. Egypt's population is projected to be 116.5 million in 2024. South Africa's population was estimated to be 63.0 million in 2024.
In 2025, Nigeria's population is projected to be around 234.57 million. In 2024, the population was estimated at 227.71 million. Projections indicate a significant increase in population over the next few years, according to statista.

saysoo:

Get off Trump please.
Put Nigeria side by side with South Africa and Egypt with this your gibberish.
Why putting condition of 'if they don't loot it' knowing fully well notting will come out of it.
Do Nigeria Government know the size of its citizens they want to plan for?

Ok,I am getting off Trump and using South Africa and Egypt's debts to compare to Nigeria's debt.


In the 2024/25 financial year, South Africa's total debt, including government, household, and corporate debt, is estimated to be around $699.5 billion. This includes a government debt component of $300.2 billion (USD) at the end of 2024. The total debt represents a significant portion of the country's GDP, with the debt-to-GDP ratio ranging from 69.2% to 129%.


While all the total debt of Nigeria is 94.23 billion dollars that of South Africa is more than seven times bigger at 699.5 billion dollars.


As for Egypt.....
In June 2024, Egypt's external debt was $152.9 billion, which is 40% of its GDP. This means that Egypt owes approximately $152.9 billion in total debt to external creditors.

While Nigeria's total debt is $94.23 billion,Egypt is your oga in debt with $152.9 billion and Egypt household debt(domestic) is $23.5 billion dollars...totalling $176.4 billion.

https://www.ceicdata.com/en/indicator/egypt/household-debt


In 2025, Egypt's population is estimated to be around 118.4 million, while South Africa's population is estimated to be around 64.7 million. Egypt's population is projected to be 116.5 million in 2024. South Africa's population was estimated to be 63.0 million in 2024.
In 2025, Nigeria's population is projected to be around 234.57 million. In 2024, the population was estimated at 227.71 million. Projections indicate a significant increase in population over the next few years, according to statista.


What else do you want to say,sir?

rinzaugustine:
Tinubu, tunde bakare, Wole Soyinka , omolwoleye sowere, Enoch adegboye, odumakin and all those people from that region who incited the north everyday to stop the well performing 1st president from a region that produces Nigerian oil from completing his tenure due to their hate for Niger delta, today they are all silent but the regions hate for SS continues but God no Dey sleep because evil or good gets their reward at the right time. Read the post ☝️

Stop the lie.
Jonathan was a gentleman but with all the humongous revenue that he made during his tenure,Nigeria was borrowing money to pay workers in 2014 before the arrival of Buhari.
They have squandered all.
His beginning was good but the end was disastrous.

RenaissanceGuy:
In other words, it's $10b this year and another one next year. I pray Argentina or Greece doesn't happen to Nigeria, because the amount of loan Buhari and Tinubu have taken within the last 10 years, is very grievous and can wreck our economy to smithereens.

Are you really educated?
Borrowing is not bad if only they wouldn't loot it.
All nations of the world including USA,China borrow and still continue to borrow.

During the first term of Trump,national debt increased by approximately $7.8 trillion during his presidency, driven by tax cuts (e.g., TCJA 2017) and COVID-19 relief spending (e.g., CARES Act 2020).
Debt at start (2017): ~$19.9 trillion
Debt at end of his 4 years (2021): ~$27.7 trillion.
He borrowed a whole 7.8 trillion dollars in 4 years.

All of the entire Nigeria's total public debt is $94.23 billion
as of December 31, 2024.
Not even up to 100 billion dollars...mtcheww.




If only we have the capability of borrowing up to a trillion dollar even for the 8 years,Nigeria's growth will be exponential.
And that is if they don't loot it which I am sure Tinubu will never allow because of his desire to grow Nigeria economically.

Oh my!
I truly want the FG to borrow more than this 21.5 billion dollars so as to trigger enormous growth and development in Nigeria because I know that President Tinubu will use the money for what it is actually borrowed for.
Tinubu wants to make record as being the one who put Nigeria on the exponential growth pedestal and I think he is on the right track.
He really needs to borrow a large chunk to propel growth and social development.
It was infrastructures that galvanised the growth of Dubai before production,HDI etc followed.
Our previous govts did us bad wella.
I pray President Tinubu succeeds.


As for MTEF (and FSP)，the Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) are not practiced exclusively in Nigeria. These are widely used tools for fiscal management in many countries, both developed and developing. The MTEF is a process for making budget decisions over a multi-year period, while the FSP outlines the government's fiscal policy goals and strategies.

Please,what is Prince Dapo Abiodun doing in Ogun state?
That man,even with the tripled FAAC, has done almost nothing tangible.
Bestmanfornow....Poor Anambra
I didn't forget the others o.

abiodunbright:



You sound educated but where is all the saved billions from subsidy?

In Nigeria, the federal government and the states share revenue through the Federation Allocation Committee (FAAC). The current revenue sharing formula allocates 52.68% to the FG, 26.68% to the states, and 20.60% to local governments. Additionally, oil-producing states receive a 13% derivation fund.

Now all FAAC allocations to governors etc have tripled.They are paying their debts and borrowing none or less.Most of them are executing projects right,left and centre without borrowing.

No ASUU strike and all other strikes that have become a culture in Nigeria.

Tinubu himself had borrowed 9.9 billion dollars since his coming and he has paid back more than 12 billion dollars of Nigeria's debt.

Borrowing is not bad if only they would use it for production or infrastructures and not looted.

Good.
He is paying the debts even the ones he met on ground.
Even Keir Starmer,Trump etc are borrowing money.
Serious nations and govts will always borrow and pay as much as possible but they should use the money for laudable projects not loot.
We all know that President Tinubu has 4 legacy projects and numerous projects all over the 6 geo political zones of Nigeria.
There had never been projects being executed simultaneously all over Nigeria the way they are in this dispensation.
He should have borrowed up to 50 billion dollars in order to quicken the growth of Nigeria and Nigerians.

Ofunaofu:


Which of the Obidients are you referring to?
We have Obidients everywhere, APC Obidients, Tinubu Obidients, Ronu Obidients, PDP Obidients, Labour Party Obidients, Obidients without party affiliation, Obidients without tribal affiliation, and Obidients who just want Nigeria to work for everyone. So, which one?

There is only one 'obidients'.They are mostly Igbos who carry Obi for head like gala though he was a failure when governing Anambra but tribalism don block their zombie brains to think.

jmoore:
Ponzi scheme of propaganda

True.
All the money Tinubu borrowed since his coming on board is 9.9 billion dollars but he has repaid more than 12 billion dollars of Nigeria's debt within 1 and half years.
That is chronic prudence.
Prudence at its peak.

Sibrah:
Is the stress of going allover from Lagos to Calabar actually worth it?

Old Lagos Calabar route
Lagos-Benin 314km
Benin-Warri 98km
Warri-PH 194km
PH-Calabar 312km

Total ~820km.

Enemy of progress.
Spits

IyfeNamikaze:
And yet apart from Lagos and Abuja South East lead in Human development index. If you think Ibadan is more developed than the entire SE then you have never been there before. You people should learn to build toilets in your houses first before you can come to rub shoulders with the SE.

How can the SE lead in Human development when SW has the best people and most successful people in Nollywood,Music,ICT,Lawyers,Doctors etc.
You sound like a clown.

Have been to the East and one can see why WE is gradually becoming a desert because everybody SE is fleeing the SE for the rich SW.

ArcSEMPECJ:


Were you his PA when he was Governor of Anambra State, if I run a check now, you may still be in Nursery School when he was Governor...

Ibadan and Ogun are not comparable to Anambra State, I have been to the two States, they can only boast of landmass with scanty developments in the most populated areas but not development as some places are still made of bushes and forests...

Talking about Lagos, Lagos has secured large areas with visible developments that can make people survive in the areas, that's the target of Anambra State..

Everybody knows that you people just make mouth to deceive yourselves.
Ogun state is more infrastructurally developed than Anambra state and Ibadan is more developed than the entire SE Igboland.

The proofs are here on nairaland.
I have been to the East and I understand wgt Igbos are running away from the East to the rich SW.

gidgiddy:
You want to be President?

Nobody knows where you were born?

Nobody knows who your parents are?

Nobody knows anything about the first 20 years of your life?

Nobody dead or alive is on record to have attended Primary or Secondary school with you?

Nobody knows why you forfeited hundreds of thousands of Dollars to the US authorities in a drug related case?

Educational records say you studied in a School 4 years before the School even existed?

And you say you want to be President or Prime Minister, as the the case may be, of USA, Canada, United kingdom, , , Italy?

Even in Ghana in West Africa, you can't be President

You can't be President of any serious country


But you can be President in Nigeria

That is because he is an orphan.
Is it a sin for an orphan to be the president?

Czarugo007:
BUT YOU SAW THAT 7 OUT OF THE 12 ARE MMESOMA BROTHERS…..oya,how many are from your side.

I only saw 5 Mmesoma brothers there.
Not 7.

Mandate1:
mention one area of human endeavour that the Yorubas are thriving which the Igbos haven't done well before?

I'm not here for tribal stunts, but stop fabricating half-baked truth. If the Igbos can survive after the war with little or no FG , then they deserve lots of accolades. Go to the east, you won't find any meaningful FG project.

Yoruba have 3 times the number of Professors Igbos have.
They dominate...
Law.
Medicine.
Engineering.
Entertainment.
Music.
Business.
Youngest PhD holders etc.
Even they dominate in the diaspora.

Fake.No link to .

Ofemannnu:

I blame some of us for not bursting most of your lies for a very long period because we trusted whatever stats you brought before but we now know better.

You claimed that you produced missiles,rocket launchers,armoured tanks etc.
Alas,it was that smuggled world war2 weapons into Biafra.
The truth is now all over the internet.

You said you were leading in WAEC for up to 10 years with the same states and same format every year until WAEC burst your lies.

You have several blogs lieing that you are the richest for years with Arthur Eze and co having $6 billion,$5 billion etc until Forbes and Bloomberg made us know that none of them has even up to $400 million dollars.
No SE man has tangible business abroad.
Only SW people have and they are the only people that have 4 dollar billionaires and lots of millionaires that have been verified.

You claimed that Buhari was cloned until it hit you all in the face that you are nothing but liars full of fraudulent claims.

You all claimed one Mr Mmesoma was a billionaire with a big company in USA which later turned out that he didn't even have up to $200.

The list goes on and on.
Everything you claim must be scrutinised deeply before one can believe it.
Once bitten,twice shy.

lol
I don't know why they are always lieing.
This NECO stats might also be one of their lies.
So pathetic.

ezioyi:


Don't start praising until you know how much toll gate you have to pay and the distance between toll gates. If they hand over every infrastructure to the private sector to manage then they would run Nigeria solely for profit making. who will suffer, the masses. The masses self do they really care.

Paying toll gates makes the roads last almost forever because of constant maintenance by the concessionaires.
Maintenance is a very chronic problem in Nigeria.

Thanks to baba Tinubu.
If other previous govts had used this PPP strategy,Nigeria would have progressed exponentially.
It was infrastructures that made Dubai what it is today.

Bobodee09:


So in your church mind that baba is an undergraduate

I am sorry but I don't think you have ever been in the uni.
When I was in the university,I knew an old man who was an undergraduate and he was a regular(not partime) student.

Sensational

illicit:
This man with white bia bia na student...?

Yes,there are some students that have white bia bia.
Is it a sin or is it forbidden?

Agboriotejoye:

Lol. Tinubu and good governance in same sentence. When did godfatherism become good governance? Can you share a link where OPEC made the statement you ascribe to them or we should just accept it cause it came from APC WhatsApp group

Do your homework.I hope you are learned.Use google/AI.

Stooping to win.

Make I no say wetin dey my mouth.
Na powder...