According to the newly released World Bank Fiscal Year 2022 audited financial statements for IDA, Nigeria has risen to fourth place, with $13 billion in IDA debt stock as of June 30, 2022.
Nigeria has risen on the World Bank's list of the top ten International Development Association borrowers. According to the newly released World Bank Fiscal Year 2022 audited financial statements for IDA, Nigeria has risen to fourth place, with $13 billion in IDA debt stock as of June 30, 2022. The PUNCH reports that Nigeria was ranked fifth in the World Bank's Fiscal Year 2021 audited financial statements, known as the IDA financial statement, with $11.
India, which is at the top of the debtors’ list, reduced its IDA debt stock from $22 billion in the previous fiscal year to $19.7 billion. This is followed by Bangladesh, which reduced its IDA debt stock from $18.1 billion to $18 billion. The economic profile under President Muhammadu Buhari on all fronts does not look good for Nigeria.
According to the report, information and data were gathered from different interview sessions conducted in 10 states across the country to examine how inflation has aggravated food scarcity in the country, particularly among young children. The report reads in part:"Interviews were conducted in 10 states across the country to examine if the present economic condition has affected the diet of children.
Product of bad governance
Buharinomics in action.
Nija I Hali una oo
Sai baba 2023
Nothing is free not even in free town. When you talk of world bank aid you thought it's free? 😂 😂 Weta ịsị bịa were ịsị. Now u are owing your Destiny helper, how far? Who go help you again? No be die be that?
As in 4th... So close to Gold...
Haba my beloved Country?
Oboy 🙆
Thanks to buharia
Well done ZShamsuna and co.🤐
And there are still some proudly Nigerians
What will say about this:-
Only Oduduwa Republic and Biafra Republic will save us all.
Who Dey first 😏
What's their rank again on terrorism list? At last count it was just behind Iraq after Afghanistan!!
Money that was used to develop Niger Republic
Buhari and his bandits finished us completely and they are still devising ways to make the wounds cancerous so that it can never heal!
Kpk😂😹😂
It is near-to finish......miss PO and it is finished kpatakpata . Let your conscience lead you into pulls 2023.
Nobody does it better than buhari
Please stop lending her the money abeg!
I’m not proud of my country at all, nothing good for this country anymore 😭
Buhari has kept to his promise of bringing us to the next level, by elevating us to the next level of borrowing, banditry and terrorism, poverty, misery, distress and calamity. Quite some legacies indeed! Arise, nigerians and say nope to APC and PDP in the next elections.
The media with their persistent negative news for selfish interest
Your yeye media again?
Nigeria they even borrow for another country 😂
Very laughable ,where do u put the European nations ,the US ,china ,India ,south Africa ,Egypt with debts heading to trillions of dollars .this media and their lies.
These ppl don kill Naija..everything OBJ did has been eroded.
Sai baba from top to bottom.
Fourth? Impossible.. How come 3 overtake us? We suppose dey number 1..I smell partiality ooo
No thanks to APC and Tinubu
E be like say Nigeria dey aim for the top for that list
Hmmm and more will still be collected what are the even doing with this money they collect
4th kwa , with all this borrowing , we never even carry first
Congrats to apc for taking us from top to bottom..
Nigerian government
Buhari... Well done sir. APC... REGRESS!!!!
Light oo, water oo, road oo, job oo, nothing dey, we not even crying for it again, na security we Dey shout now
Hallelujah to that at least we are not in first place
😒no goodnews about Nigeria since the time of apc
Exactly why we need PeterObi
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Source: MobilePunch - 🏆 8. / 63 Read more »