
Adedamola
11.4K posts

Adedamola
@saint_formal
Olawuwo Adedamola ArtisteIRealtorICrypto trader. Entrepreneur. Lasu Alumni. Founder @briskurrency @oaerealtyltd_ @mycrewrecords
Katılım Haziran 2011
588 Takip Edilen601 Takipçiler
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@OtitoKoro10 @AlibaVincent @renoomokri God bless you brother
Maybe they are all stealing but we want who go work no lies
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I borrowed $100 from you in 2023 when the exchange rate was ₦400/$1. The naira was later floated and the exchange rate is now ₦1,400/$1.
I still owe you the same $100.
But mischievous people like Dele will say:
“You owed ₦40,000 before, now you owe ₦140,000, meaning you borrowed an extra ₦100,000.”
No, I didn’t.
The increase is purely from exchange rate depreciation, not because the dollar debt increased. The debt remained $100 throughout.
Ask Dele to quote the debt in dollars instead of naira and watch the propaganda collapse instantly.

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@DanielRegha Celebrity wey no guide reach am no fit try am for Oshodi na him make e try am
You fit try am first
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@DanielRegha But Lagos na him village and he can chose anywhere he likes but you go try am for your village first
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@instablog9ja Abeg use Anambra do sample
At least 8 years in power no small
Person wey you run as vice dat year be part of the $16B movement
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@instablog9ja Last election you went to Egypt to study how they generated electricity but your Boss Atiku stole 16 billion dollars money meant for the electricity, in your wasted 8 years what did you do ? Nothing, keep doing your catvisim job you will never be president that’s just the truth
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@realFemiOtedola Make Lagosian go ride bicycle for him village
You wey follow God is good motor enter Lagos
Abi Otedola no loud for your ear
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Egypt’s total debt is estimated at over $400 billion, with a GDP around $390 billion — debt-to-GDP above 100%.
South Africa’s debt is about $580 billion, with GDP around $420 billion — roughly 135% debt-to-GDP.
Nigeria’s total public debt is about $110 billion, with a GDP around $340 billion — roughly 35% debt-to-GDP.
Yet some people keep shouting that Nigeria is the “loan capital of the world.”
To them:
Loans are Haram.
Education is Haram.
Road construction is Haram.
Power projects are Haram.
Internet expansion is Haram.
Railway modernization is Haram.
Airport upgrades are Haram.
Seaport reforms are Haram.
Dams and agro-processing projects are Haram.
Solar energy expansion is Haram.
But the same people praise countries that borrowed far more aggressively to build infrastructure and grow their economies.
The difference between productive borrowing and reckless borrowing is simple: what the money is used for.
If loans are used to build roads, expand electricity, improve transport, increase internet access, modernize ports, support agriculture, and attract investment, those are long-term national assets.
President Bola Ahmed Tinubu says the focus is on infrastructure that can improve productivity and economic growth across Nigeria.
Criticism is normal in democracy, but opposing every single project simply because of politics helps nobody.
Development is not the enemy.
Underdevelopment is.
Some people are no longer in any coven.
They are simply online 24/7 wailing against everything.

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This stupid habit of attributing anything you find condescending to Ìbàdàn does not make sense. It's not cruise. It's negative and false stereotyping.
It's not like most of you have a town/village you're proud of.
BIG LEO🦅@leodey4u
See fish pie wey I buy for Ibadan 😭
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