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Someone Believes That President @MBuhari Has Accumulated Every Naira/Dollar Of Nigeria's Current $84.2bn (N25.7tn) Debt In Just 4 Years.

Do Not Abuse This Person. I Am Posting This To Show How Much Work Is Required In Sensitising Our People To Vote Well-Informed. 🇳🇬

#Thread
Please Fact-Check:

The National Debt Was:

$35bn USD in 2010

$67.7bn USD in 2014
(Era Of Highest Oil Revenues [$400bn] WITH $80bn USD In Excess Crude Account Accumulated & Spent AND Foreign Reserves Depleted From $68bn USD To $27bn USD)

No Infrastructure/Social Investment.
$84.2bn USD in June 2019.
Approx +$18bn (2014-19)
(2015-19: Approx $2bn Accumulated & Spent In Excess Crude Account)
AND
(Foreign Reserves Nearly Doubled From $27bn To Over $40bn USD With Half Of The Oil Revenues)

Infrastructure Being Built All Over The Country. Be Informed.
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Ajuri Ngelale
@AjuriNgelale
Friends,

Also Note That Proponents Of The False "Debt Crisis" Narrative Try To Fool Us With An Emphasis On External Borrowing Rather Than Total Public Debt Which Encompasses All.

Please Note How President @MBuhari Has Restructured 🇳🇬's Debt...

#Thread

External Borrowing Offers Loan Terms Which Come With Longer Tenors & Average Interest Rates Of Between (2% - 9%)

Domestic Borrowing Tends To Offer Less Favorable Terms With Much Higher Interest Rates (13% - 24%)

More Domestic Borrowing Means Higher Debt Servicing Payments.

👇🏽
In 2015, President @MBuhari Inherited A Total Debt Ratio Of 86% (Domestic - High Interest) To 14% (External - Lower Interest). Huge Majority Of Debt Was High-Interest Debt With Higher Repayment. 86%-14%.

He Then Strategically Took Out More Low Interest, External Debt To Replace
Read 7 tweets
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Ajuri Ngelale
@AjuriNgelale
Remind Our Blood That This Is The Home Of The Black Race. That This Nation Is Africa's Largest In Every Conceivable Form. That Nigeria Is Not To Be Defined By The Several Decades Of Failed Governance Which Many Have Mistaken As An Identity. That Though The Mighty Stumbles, It Can
And Will Rise Again, Only Stronger Than Before It Stumbled. Tell Our Blood That We Are Leading The World In Fields Around The World And We Shall Concentrate Our Standard-Setting Potential Here, For All Black People To Identify With. The Mantle Is Our People's To Carry. Remind Our
Blood That We Will Never Have Another Place Where We Are Embraced Down To Our Cells. Where We Disagree Strongly But Understand Well That We Know Ourselves. Affirm That Greatness Is A Process & Not A Coat To Put On, But A Life Coming Into It's Own. Affirm The Truth Of Who We Are.
Read 3 tweets
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Ajuri Ngelale
@AjuriNgelale
My Friend,

Information Is Power. Be Empowered.
In Four Years, We Have Raised The Taxpayer Base From 13m Nigerians (1960-2015) To Over 20m (2015-19). FIRS Is Generating Most In It's History @ N5.3Tn In 2018 And Is Set To Eclipse That In 2019. #Thread 👇🏽👇🏽
The Nigerian Customs Service Was Not Only Failing To Remit Their Inflows To The Federation Acct, NASS Had Budgeted Huge Funds To Feed Them! Now, We Are Not Feeding Them & They Are Remitting N1Tn Annually Since 2015. NPA Is Remitting. NIMASA Is Remitting. JAMB Too. Pls Google.
We Lost $21 Billion USD To Non-Remittance Of Revenue Generating Agencies From 2010-2015! That's Why They Did Not Raise Revenue And Why We Are Doing So. Add That $32Bn Of Added Debt During A $400Bn Oil Windfall In That 5 Year Period & You Have Your Answer!

google.com/amp/s/www.thec…
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Prince Uche Secondus
@UcheSecondus
Nigeria @59: Our country is dying.

This country is dying under the watch of President @MBuhari and his ruling All Progressives Congress, APC, and needs rescuer urgently.
Every index at 59 years of Nigeria points to the fact that our beloved country is going down and only truth and nothing else will save us.

Ordinary Nigerians deserve salute for their dexterity in the face of failed leadership as witnessed in the last four and half years.
the 58th anniversary last year was marked with a richly endowed nation like Nigeria being declared the headquarters of the Word poor due to the inept leadership of the APC administration.
Read 9 tweets
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Aleix Clarió 👨‍💻🎗
@aleixclario
#president @KRLS: "Rey o República no era un debate hasta que Felipe VI entro en política. En Europa hay muchas monarquías que entienden su rol, básicamente callar en política porque nadie les ha votado. No es el caso de España".

Entrevista a @WRadioColombia (Hilo 👇)
#president @KRLS: "El català es una lengua hablada por 10 millones de personas pero no se puede hablar en el @Europarl_EN . Soy crítico con las instituciones europeas porque quiero una Europa mucho mas democrática"
#president @KRLS: "Quiero una EU que alce la voz cuando uno de sus estados miembros, como España, viola los derechos fundamentales. Hay muchos ciudadanos europeos que sienten decepción al ver que solo priman los intereses económicos y no los derechos fundamentales"
Read 29 tweets
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Chidi Odinkalu
@ChidiOdinkalu
#Nigeria''s @MBuhari has begun moves to officially extend the tenure of Ibrahim Idris as Inspector-General of @PoliceNG. Under Service Rules, Idris shd have retired on the 35th anniv of his enlistment, 3 Jan but has continued to run the police regardless.
icirnigeria.org/buhari-moves-t…
s. 215(1)(a) of #Nigeria's constitution says: an Inspector-General of @PoliceNG shall be appointed by the President on advice of the Police Council from among serving members of the NPF.

IGP Idris can't be lawfully extended cos he's no longer serving & Police Council hasn't met.
s. 216(2) of the Constitution is v clear: "Before making any appointment to the office of the Inspector-General of @PoliceNG or removing him from office the President shall consult the Nigeria Police Council." A meeting of the Police Council is mandatory pre-condition.
Read 9 tweets
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Presidency Nigeria
@NGRPresident
President @MBuhari arrived Katowice, Poland, yesterday, to attend the 24th session of the Conference of the Parties (#COP24) under the UN Framework Convention on Climate Change (#UNFCCC), from December 2-4, 2018. #PMBinPoland
The #COP24 Summit, which will be held at the International Conference Centre (MCK) and the adjacent Spodek Arena in Katowice, is being convened under the Presidency of Poland. #PMBinPoland
According to the organisers, the conference is expected to finalize the rules for implementation of the Paris Agreement on Climate Change under the Paris Agreement Work Programme (PAWP) – the rule book for implementation. #PMBinPoland
Read 17 tweets
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Organizing For Atiku
@Organizng4Atiku
.@MBuhari says he wants to take #Nigeria to the #NextLevel but while as HoS in 85, he cancelled an Education Reform Policy of Prof Babatunde Fafunwa which could have turned our academic curricular into a modern tool to raise the next generation of IT gurus & other professionals!
Same @MBuhari canceled a light rail project of Gov Lateef Jakande of Lagos in '85! A $400M loan project that would have forever transformed the face of public transportation in Lagos & served as template for other states! Say No to #NextLevel
#LetsGetNigeriaWorkingAgain
Again, @MBuhari as military General, plotted a coup with fellow coupists & disrupted a democratically elected govt of Pres Shagari & VP Ekwueme for no just reason asides contempt for democratic ideals & a penchant for dictatorship! So NO to #NextLevel #LetsGetNigeriaWorkingAgain
Read 10 tweets
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TheCable
@thecableng
Dear President @MBuhari, I hope this meets you well. I don’t know if you remember me. My name is Simon. @simonkolawole. Never mind. We will come to that later. Let us briefly journey into history for proper context into why I have chosen to openly write you this morning.
In February 2001, I finally met you. I had been appointed the editor of TheWeek, I was looking for a great interview. You came to mind, I met you at your house in Jabi, Kaduna, and we had a very good interview. Remember me now? You said something that reinforced my belief in you.
You said what #Nigeria lacked was leadership. You promised to provide that leadership. I became a self-appointed volunteer and started fighting your cause in the media. You were not the darling of the so-called Lagos-Ibadan press, but I never make my decisions based on the crowd.
Read 18 tweets

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