The Republic of Germany said it has granted Nigeria debt relief amounting to N8.9bn on account of the Coronavirus pandemic.It noted, “In 2020, the German treasury relieves Nigeria of debt repayments amounting to €22.4m .
“This comes in addition to Germany’s support to the COVID-19 response on a global level and the support provided by the European Union to partner countries in Africa worth €3.25bn . “On April 27, Germany pledged €300m to the global humanitarian response plan launched by the United Nations to fight COVID-19.”
NigeriaGov Sometimes I think these International bodies are complicit in our problems.They fuel the corruption with all this scheme,wait for us to steal them and then struggle to pay back or return favors
NigeriaGov Na waooo! Na everybody we dey owe?
NigeriaGov Debt cancellation or debt relief?
dezlawal NigeriaGov Germany that fought in two world wars, got destroyed, survived the US and Russian occupation, with the cold war tension, and they can still afford to give us money still🤦🏾♂️ This country has failed big time.
NigeriaGov Kai! Ncdc should plz increase the numbers of affected victims, let’s see if America can grant us debt relief also...
NigeriaGov Why the relief?
NigeriaGov What of China?,
NigeriaGov When a debt relief is granted, what is the advantages and disadvantage to the populace? What benefits is it to the common man on the street
NigeriaGov German politicians have a large and good hearts.....same cant be said about our 'thieving' politicians and irresponsible citizens that beg politicians for money always, for them to steal like mad men.
NigeriaGov So how much is our balance 😊
NigeriaGov So, we are owing Germany too?!
NigeriaGov And we are about to borrow another 850billion Naira. Who curse did country?
NigeriaGov Payment by instalments
NigeriaGov Go and sin no more but una no go hear, haba niaja government
NigeriaGov Some big fraud is about to go down...🤣🤣🤣
NigeriaGov Debt relief doesn't mean we ain't paying back ooo Nigerians. We don't know the details of the agreement. It could mean an extension of payment period, lower interest rate etc. Let's calm down small
NigeriaGov Little wonder why Nass approved a fresh loan today. It's like coming out of a court room where you have just been forgiven debts and the first person you meet at the door. You ask to borrow again.
NigeriaGov Don't worry FG will still borrow again... it's our hubby.
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