Stella Dimoko Korkus.com: Nigeria's Debt Profile Hits N35.48trillion

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Wednesday, May 19, 2021

Nigeria's Debt Profile Hits N35.48trillion

According to Dailypost ''Nigeria’s debt profile on Tuesday May 18,2021 hit N35.48trillion as President Muhammadu Buhari sought approval from National Assembly for an additional loan request of $6.183 billion (about N2.343 trillion), provided in the New External Borrowing in the 2021 Appropriation Act, to part-finance the budget deficit of N5.602 trillion''.





12 comments:

  1. Why borrow when you cannot pay or create a feasible thing that can repay the loan? This APC government has sank Nigeria

    ReplyDelete
  2. Always remember that;
    OBJ/Ngozi Okonjo-Iwuala/Oby Ezekwesili/Nuhu Ribadu working together
    as a team cleared Nigerian debts and brought it to zero.
    So, who borrowed and shared and looted? You can name them, right? Shame!
    🧺🧺🧺🧺🧺🧺🧺🧺🧺🧺🧺🧺🧺🧺

    ReplyDelete
  3. Cut down evil Senators and Presidency allowances. Una generational punishment go continue after life

    ReplyDelete
  4. Ha! Nigeria seems to be going the Zimbabwean way o

    ReplyDelete
  5. You won't see the very ones who supported this government on this post. Obviously they are burying their head in Shame. They will have strength to type when it's someone else they dislike. They know themselves very well.

    ReplyDelete
  6. The next Administration would blame this present government for this humongous debt profile and incur their own debt, and so the cycle continues. And some people say Nigeria will be better? Get a plan B people. These politicians don't give a shit about your present state and your future.

    ReplyDelete
    Replies
    1. Exactly!
      Plan B activated!
      The country is stinking!#Fact

      Delete
  7. At this rate,this debt may never be paid and so what happens next?

    ReplyDelete

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