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King 👑 Tee, BSc Hons, ACA...
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King 👑 Tee, BSc Hons, ACA...
@AdeTeeGodson
An Accountant with distinction, Audit and compliance expert in Management, governance, Operations and system control. I Love God
Lagos Katılım Ağustos 2009
1.2K Takip Edilen606 Takipçiler
@idiegbe_fr66424 @PeterObi It will never be well with you!
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@AdeTeeGodson @PeterObi Tribalistic bigot. Obi kwankwaso ❤️💯
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Debt Servicing, Borrowing, and Nigeria’s Fiscal Priorities
During his recent foreign tour, President Bola Ahmed Tinubu stated that Nigeria will spend about $11.6 billion on debt servicing, a figure that should concern anyone interested in the country’s economic future and long-term development.
There is nothing inherently wrong with borrowing when it is guided by prudence and directed toward productive investment. Countries such as Japan, the United Kingdom, the United States, the United Arab Emirates, Singapore, and Indonesia are all heavily indebted, yet their borrowings are largely channelled into education, healthcare, infrastructure, and innovation - sectors that generate long-term economic returns and sustain repayment capacity. As a result, despite high debt levels, their obligations remain more manageable because they are tied to measurable productivity.
Nigeria’s situation, however, is markedly different. A huge proportion of past borrowing has been directed toward consumption, with limited visible or sustainable developmental outcomes to justify the scale of indebtedness.
It is also important to note that a huge portion of the debt currently being serviced was accumulated under the Tinubu administration itself, while borrowing has continued at a significant pace. The administration’s recent external borrowing alone includes about $6 billion (from First Abu Dhabi Bank in the UAE—$5 billion, and UK Export Finance via Citibank London—$1 billion), a further $1.25 billion under consideration from the World Bank, and an additional $516 million arranged through Deutsche Bank, bringing the latest known external loan commitments to roughly $7.8 billion. In addition, domestic borrowing through monthly bond issuances continues to add to the overall debt stock.
Against this backdrop, Nigeria’s 2026 budget shows that health is ₦2.46 trillion, education is ₦2.56 trillion, and poverty alleviation is ₦865 billion, giving a combined total of about ₦5.885 trillion for these three critical sectors. By comparison, debt servicing at about $11.6 billion (approximately ₦17–₦18 trillion, depending on exchange rate assumptions) is almost three times higher than the total allocation to health, education, and social protection combined. This imbalance highlights a troubling fiscal reality in which debt obligations increasingly crowd out investment in human capital and poverty reduction. Moreover, even within the limited allocations to these sectors, funds may not be fully released, and a significant portion of what is eventually released could be misappropriated.
Ultimately, the central issue is not borrowing itself, but whether borrowed funds are being converted into measurable productivity, inclusive growth, and improved living standards. Without this, debt servicing shifts from being a temporary fiscal obligation to a long-term structural burden that constrains development and deepens economic vulnerability.
A New Nigeria is POssible. -PO
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King 👑 Tee, BSc Hons, ACA... retweetledi
World most indebted Nation on earth compared to their total economy value.
1- United States:
Total Public debt - $39 trillion
Total economy (GDP)- $32.4 trillion
Debt to econmy value is 120%
2- China:
Total public debt - $15 trillion
Total economy(GDP) - $19.5 trillion
Debt to economy value is 77%
3- Japan :
Total Public debt - $9–10 trillion
Total Economy(GDP) - $4.4 trillion
Debt to Economy value is 230%
4- United Kingdom:
Total Public Debt - $3.7 trillion
Total Economy(GDP) - $3.9 trillion
Debt to economy value is 95%
5- France :
Total Public Debt - $3.8 trillion
Total economy value(GDP) - $3.3 trillion
Debt to economy value is 115%
These are among the countries with the largest national debt burdens. Interestingly, most of the world’s developed nations built their infrastructure and economies through loans, credit systems, and debt financing.
You will see Nigerian selling whatever they have here in Nigeria to relocate and live in these countries mentioned above, yet you will see them criticising the Government of the day who is trying to build Nigeria to the standard of these countries they usually ran to.
Now let's check Nigeria out on the log-
Nigeria ranks far lower on the global debt scale and remains among the less indebted nations.
Total Public debt- $111b(late 2025-early 2026)
Total Economy Value(GDP) - $377b
Debt to economy value is 32%
Some ignoramus Nigerian who called themselves youths(98% Obidiots) bombarded Workd Bank page to tell them not to grant Loan to Nigeria. These set of headless ID!0t think they are doing Tinubu, they didn't know they are doing themselves.
President Tinubu as a former senior staff of - Arthur Andersen Deloitte (then called Deloitte Haskins & Sells), GTE, a former auditor and then promoted to a Treasurer in ExxonMobil, a former Senator, Governor and now President already lived a fulfilled life.
Bombarding World Bank by the Headless Mob wouldn't stop the financial institution from carrying out their job. They don't run on emotion, its strictly business - once they see that a country is qualified for a propose loan, they will grant it without hesitation.
It's a pity most Nigerian youths didn't know their left from right, they want power but they lacked the brain, sense, knowledge on how a nation is being run. Lousy and proud ignorance all over social media.
America, United Kingdom, Japan, China, France, built themselves with strategic borrowing and long term investment.
In just 6 months, between late 2025 and early 2026, Trump administration borrowed $1Trilion, that makes US Total debt rose to $38TRILLION from $37Trillion. There was even a report in US that Trump Administration is borrowing $1Trillion every 90-100 days since he became President of America.
The set of youths we have in Nigeria is worrisome, it makes me to think of how hard the future will be if we continue with these set of lousy, ignoramus, keypad warriors.
May Nigeria Succeed 🇳🇬
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Rufai JUNKnalist Oseni @ruffydfire
Are you not even ashamed of yourself?
Before. MEETS. After
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@BrainnyTope @TheYorubaTimes He destroyed himself for Jonathan. Don't always turn history upside down, be balanced in your submission.
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@TheYorubaTimes OPC can handle them but we use politics to destroy them because Gani Adam’s is not a fan of BAT. OPC was strong under Jonathan, Ionathan even gave the Gani Faction a pipeline contracts. The same Yoruba backing BAT called them names and destroyed them. See how ports we are now?
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"They Have Boko Haram Weapons" – Hunters Reveal Shocking Discovery as Soldiers Battle Kidnappers in Oyo Forest
Hunters who joined Nigerian soldiers on a rescue mission to free a kidnapped principal, teachers, and students in Oriire Local Government Area, Oyo State, have made a chilling revelation. According to the hunters, soldiers told them that the kidnappers were armed with the same weapons used by Boko Haram terrorists.
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Igbo people? You just have to love them 😂 This fool would’ve won the party ticket if it happened in Yoruba land.😂😂😂
YabaLeftOnline@yabaleftonline
South-East City Boy Movement Coordinator, Cubana Chief Priest, Loses APC Primary Election For House of Representatives Seat.
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King 👑 Tee, BSc Hons, ACA... retweetledi
President Bola Ahmed Tinubu’s words on marble
“If you want to go fast you go alone, if you want to go far, go together”
“A creative mind is a fertile land for growth”
“A common screwdriver can create a path to fortune”
“No matter how short you are, you get out you will see the sky”
“A dead fish cannot be sweet in any soup, they are dead”
“Just take it. If you want an omelette you have to break the egg”
“You don’t commit abortion after the baby is born. That’s murder”
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Oloriburuku ni bọbọ yi, oloriburuku ni awọn ti wọn tẹle.
High Chief Lawrence Igbins Okoro@HighChiefOkoro
Q: Why didn’t you build any school in Anambra when you were Governor. Peter Obi’s response: I didn’t promise that in my manifesto when I campaigned to be Governor. When I came in Anambra had the male girl child issue 🙆🏾♂️ Please RT aggressively for others to see
Eesti
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I should be back online by Monday
Fear my return 😌.
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@PeterObi Bastard is envious of PBAT's much talk about showing in Kigali.
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State visits by Leaders are not tourism, and diplomacy is not a fashion parade. Every foreign trip undertaken by a government must deliver measurable benefits to the people, including investments, technology transfer, trade agreements, factory expansion, industrial partnerships, and job creation.
During President Trump’s recent visit to China, the American delegation reportedly included a few top government officials, and many of the biggest figures in global business and technology:
Consequently, huge trade deals worth several billion dollars including about 200 Boeing orders were achieved.
The list of the entourage included
1. Donald J. Trump – President of the United States
2. Marco Rubio – Secretary of State
3. Pete Hegseth – Secretary of Defence
4. Elon Musk – CEO, Tesla & SpaceX
5. Jensen Huang – CEO, Nvidia
6. Tim Cook – CEO, Apple
7. Larry Fink – CEO, BlackRock
8. Stephen Schwarzman – CEO, Blackstone
9. Kelly Ortberg – CEO, Boeing
10. Brian Sikes – CEO, Cargill
11. Jane Fraser – CEO, Citigroup
12. Larry Culp – CEO, General Electric
13. David Solomon – CEO, Goldman Sachs
14. Sanjay Mehrotra – CEO, Micron Technology
15.Cristiano Amon – CEO, Qualcomm
16. Dina P. McCormick – President of Meta
17. Ryan McInerney – CEO, Visa
18. Michael Miebach – President, Mastercard
19. Jim Anderson – CEO, Coherent
20. Jacob Thaysen – CEO, Illumina
That is how serious nations approach diplomacy, by aligning foreign policy with economic expansion, industrial growth, innovation, and national productivity.
I hope that lessons can be learned from these recent visits comparing them with the President of Nigeria’s recent state visit to the United Kingdom.
A large entourage of politicians, aides, and government officials travelled, yet Nigerians are still asking a simple question: what exactly did Nigeria bring home?
Which factories are coming to Nigeria?
What power, technology, manufacturing, agricultural, or industrial agreements were secured?
How many direct jobs will this visit create for Nigerian youths?
What investments were attracted?
What measurable economic outcomes can the ordinary Nigerian point to?
The delegation reportedly included:
1. President Bola Tinubu
2. Senator (Mrs) Tinubu
3.12 governors
4.9 ministers
5.7 members of the National Assembly
6. Over 20 senior State House staff
7. Over 30 security personnel
8. Over 10 domestic staff
9. Several supporters and associates
It is not enough to ride horses, wear matching uniforms, attend royal banquets, and release glossy photographs. Symbolism without substance cannot feed hungry citizens.
Today, Nigeria is in decline, battling serious insecurity, food insecurity, unemployment, a weakened naira, declining industrial productivity, and worsening poverty.
At a time when millions of Nigerians struggle daily to afford food and survive economic hardship, every kobo spent on foreign trips must produce tangible national value: investments, factories, jobs, exports, infrastructure, and economic opportunities.
Nigeria needs leadership that is focused less on optics and more on productivity; less on ceremony and more on measurable economic results.
A New Nigeria is POssible. -PO
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King 👑 Tee, BSc Hons, ACA... retweetledi
"I decided to be audacious with infrastructure, things that people planned 47 years, 45 years back and they couldn't do. I embark upon that. Open 800 kilometers of waterfront road, Calabar Coastal Road, so that I can create opportunity for those who will stay in and enjoy tourism in Nigeria. It's a beautiful country if you know how to use it."
— President Bola Ahmed Tinubu at the Africa CEO Forum
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