Director General, Debt Management Office , Patience Oniha, has said the incoming administration would inherit about N77 trillion debt by the time President Muhammadu Buhari’s…Director General, Debt Management Office , Patience Oniha, has said the incoming administration would inherit about N77 trillion debt by the time President Muhammadu Buhari’s tenure ends in May.
Chai! Them don finish Nigeria! 🤦
Buhari finished this country and made us a heavily indebted nation.
Fortunately the bulk of the debt went to projects development in the South. We benefitted 0!
This is a definition of calamity, and there is no outcry of any sorts. This government of MBuhari brought misery of the worst kind in all affairs of this country,and people like GarShehu still dare to insult our sensibilities. Am sure after 29th May 2023 will come to pass!
Is that a good management? Despite huge amount of debts Nigerians never changed for good. Million of Nigerians are sliding to poverty zone
Government ONIGBESE.
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DMO: Incoming president to inherit N77trn debt | TheCablePatience Oniha, director general, Debt Management Office (DMO), says the incoming administration would inherit about N77 trillion as debt by the time President Muhammadu Buhari’s tenure ends in May. Oniha DMONigeria E good nau 😂😂 DMONigeria Eh God abeg oo DMONigeria And we think everything is alright with Nigeria
Source: thecableng - 🏆 2. / 80 Read more »
Railway debt servicing gulps N246bn, NRC revenue tumblesThe Federal Government spent $548.67m (N246.11bn using the official exchange rate of N448.55 to a dollar by the Central Bank of Nigeria ) to service railway-related debts between 2016 and 2022, according to Nigeria’s external debt service payments reports by the Debt Management Office. Naija is gone mehn When u make wrong planning debt will be the result. If the rail line in SS and SE are working believe me it will more profitable What a country…. And dem do one rail line to Niger 🇳🇪…
Source: MobilePunch - 🏆 8. / 63 Read more »
Afe Babalola volunteers to help Nigeria defray external debtLegal luminary Aare Afe Babalola has called on Federal Government to set up a committee for immediate payment of a substantial part of the external debt Oqa Help Ur family first.
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Zainab Ahmed: Debt servicing gulped 80.6% of FG's revenue in 11 months | TheCableThe federal government expended a total of N5.24 trillion on debt servicing between January and November 2022, out of its N6.5 trillion retained revenue for the same period. To get oot of this hood is simple. They should slash the salaries of political office holder and pay them base on certificate which they are holding Nigerian Debt is now not only uncontrollable & unsustainable but a massive drain of resources needed for economic growth, production & investment. The just passed 2023 budget projects to significantly expand this debt trap. Bad omen for the new govt in May 2023. This is what Tinubu wants us to continue with. No way, please. We're moving from consumption to production. Vote LP. Vote Peter Obi.
Source: thecableng - 🏆 2. / 80 Read more »