I'm on the road most of today, starting with the one that will now be completed in 2021.
However, I think it's important, before I move, to set some things down for the records.
However, I think it's important, before I move, to set some things down for the records.
Like I said yesterday, I know that @sgyemikale and his @nigerianstat team are doing a great job, and it's a pity that my tweet from a few days ago took on an unintended colouration.
For me though, it's a duty to make an effort to guide the conversation in the direction I think it should be heading.
It is true that we have an unemployment crisis, and as Dr. Kale's response showed, many of our MDAs are not getting the money they need to work.
It is true that we have an unemployment crisis, and as Dr. Kale's response showed, many of our MDAs are not getting the money they need to work.
Yesterday, we put out a note for a Eurobond that can only be classified as junk bonds.
Sit down and calculate the interest payments on $1.2 billion at 7.625% APR for 7 years, $1 billion at 8.75% APR for 12 years, and more criminally, $750 million at 9.25% APR for 30 years!
Sit down and calculate the interest payments on $1.2 billion at 7.625% APR for 7 years, $1 billion at 8.75% APR for 12 years, and more criminally, $750 million at 9.25% APR for 30 years!
These came on the same day that @DGatNAFDAC announced that most of their machines are not working, plus they don't have money to employ people!
This my people, is what a fiscal disaster looks like, and it is only just starting.
This my people, is what a fiscal disaster looks like, and it is only just starting.
It matters not whether it is @MBuhari that gets the mandate to continue overseeing this catastrophe next year, or whether we do the smart thing and hand him his P45.
What matters is that we are already in the pit, and we are still digging.
What matters is that we are already in the pit, and we are still digging.
There will be no debt forgiveness like we got 15 years ago.
I do get that in this season those of us who have been critical of every Nigerian government since Twitter was born will be called fancy names, but think of if not your future, the future of your children.
I do get that in this season those of us who have been critical of every Nigerian government since Twitter was born will be called fancy names, but think of if not your future, the future of your children.
Will the last person leaving the crumbling edifice called #Nigeria please turn out the lights?
Or more accurately, off the gen.
Or more accurately, off the gen.
