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Tuesday, May 09, 2023

Nigeria’s Debt Profile Races To N80trn As President Buhari's Administration Rounds Up

After the inauguration of President Muhammadu Buhari’s administration in 2015, the country’s debt stock continued to soar and it has reportedly risen from N12.6 trillion to over N80 trillion as the government prepares for exit on May 29, 2023.
What a shocker!

 



16 comments:

  1. Sai Baba. Can't forget 2015 in a hurry God bless Buhari 💃💃💃

    ReplyDelete
  2. Shebi he dey pass am give tinubu. Tinubu go pay am for us

    ReplyDelete
  3. I thought that baba from Kogi state with a crying emoji said he's the best thing that ever happened to Nigeria after slice bread.

    What a crying shame.

    To even think, he had said after his tenure he will ran away to Niger. Funny man.

    ReplyDelete
  4. E go pass like this sef, wait make jagaban enter fess.

    ReplyDelete
  5. Can you imagine, from N12.6tr to over N80tr debt.
    Which kind wahala be this now?

    Dear Buhari, I have removed president from your title because shame on you.
    May 29 should quick reach so that you will leave office. And as you dey step out of white house that day with slow motion, thunder will now come and f?re you at the corridor..

    ReplyDelete
  6. The naira is finished, the exchange rate bout to go way uppppp

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  7. And no material change in the lives of the majority of the ppl. Mtsscchhww

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  8. E LO FOKAN BALE. IJOBA TINUBU MAA SAN

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  9. My happiness is that he's passing the baton to his APC family member

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  10. APC completely ruined this country. We thought PDP was bad but mehn, APC is so terrible, very incompetent set of leaders. We are soooo far from where we should be as a nation. This is the change they promised. Apologies to Goodluck Jonathan 🙏🏾

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  11. Those still supporting APC what can you say about this. None of you will comment on this post. My joy is all of us are suffering it.

    ReplyDelete
  12. Even Obi said there's no other way out but borrowing. The issue is how to borrow and build such that you no longer borrow. Have you considered the debt profile of the USA under Biden?

    ReplyDelete
    Replies
    1. Nobody said he shouldn't borrow but you don't borrow to feed, borrow to pay salaries, borrow for palliatives subsidy removal,borrow for road work, If you borrow to invest In something that can service the loan that's nice,borrow to build industries, repaire our refineries, repaire our dead seaports, open up other seaports in other states so to discongest lagos and so on but how do you pay for the money you borrowed to feed, if you feed today you will still borrow to feed tomorrow so the borrowing trend continues till no one is willing to give again.

      Delete

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