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Nigeria Debt 2019 : Atiku Raises Alarm Over Nigeria’s N25.6trn Debt

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Nigeria Debt 2019 : Atiku Raises Alarm Over Nigeria’s N25.6trn Debt

The presidential candidate of the Peoples Democratic Party (PDP) in the February 23 presidential election, Atiku Abubakar, has raised the alarm on over the nation’s N25.6trn debt, saying it’s unsustainable.

Atiku said the increasing debt profile of the country is becoming more than a source of concern, adding that the situation has got to a stage where all genuine lovers of Nigeria ought to raise an alarm. Thickmatch reports’

Atiku, in a statement Wednesday by his media adviser, Paul Ibe, recalled that the nation’s debt profile as of May 29, 2015 when President Muhammadu Buhari took over, was ₦12 trillion.

“However, after four years of profligate spending, and even more irresponsible borrowing, our national debt doubled to ₦24.3 trillion by December, 2018.

“As alarming as this is, what is more troubling is that between December 2018 and March 2019, the administration of General Buhari added an additional and unprecedented ₦560 billion debt to our national debt profile.

“What could this junta have needed that amount for? If you take those dates into account, they fall on the period of electioneering, when monies were freely distributed by officials of this government in the name of Tradermoni and other election gimmicks that were discontinued after the election”, Atiku added.

The one time Vice President said it’s inconceivable that Nigeria could have had such unprecedented borrowings in the midst of almost unimaginable sorrowing.

This, he observed, has resulted in the country becoming the world headquarters for extreme poverty and the global capital of out of school children, noting further that Nigeria has slipped in the Corruption Perception Index of Transparency International.

Continuing, Atiku said, “As someone who headed the National Economic Council that paid off Nigeria’s entire debt under the visionary leadership of President Olusegun Obasanjo, Atiku Abubakar has the moral authority to call those who are turning Nigeria into a beggar nation to halt the drift into unsustainable borrowing.

“We cannot continue to borrow to pay salaries and support luxuries. Already, over 50% of our revenue is going towards debt servicing, not even debt repayments.

“We raise this alarm as responsible citizens and call on other lovers of Nigeria to speak up as we have no other nation to call our home, but Nigeria”

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Rihanna Spotted Celebrating Juventus Goal Against Atletico At The Stadium

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Juventus defeated Atletico Madrid by a goal to nil at the Turin stadium on Tuesday’s UEFA Champions League clash.

Dybala scored the only goal from a free kick as Maurizio Sarri men took the advantage of finishing top of the group.

One moment of the game that caught our eyes was when the camera spotted American singer Rihanna.

The singer was pictured in the V.I.P section of the stadium celebrating Dybala goal.

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“Being motherless is not an excuse to be mannerless”- Awele Ideal fires shots at Tacha

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A Nigerian female lawyer, Awele Ideal, has debunked claims made by some Nigerians that the character portrayed by Tacha during her stay in the Big Brother Naija house is because she lost her mother at a tender age.

Awele in a post shared on her Instagram page, narrated how her mother abandoned her when she was seven months old and she had to the live with a torturous stepmother who made life a living hell for her.

She recounted how her stepmother would make her starve for days and how she resorted to eating their dog’s left over when she became hungry.

According to Awele, though the experience was nasty she was determined to become a loving person and eventualy bagged a degree in law.

Posting these photos of herself on Facebook, she wrote;

“YOUR LIFE IS WHAT YOU MAKE OF IT….

Anytime I hear them say Tacha has no mother. I ask myself if that’s enough excuse to become unruly and mannerless?. Don’t get it twisted I’m not being judgemental. I just want to share a bit of my childhood story with you.
My Childhood…..
I was abandoned by my mother at the age of seven months (7months) with my father and stepmother. My stepmother was mean and not so nice to me, but I still called her “Mother” till tomorrow, cos she’s the only mother I knew, although she’s late (may God rest her soul). I endured all manner of maltreatments she meted at me. Sometimes I went hungry for days. She would so starve me that I would be seeing death. On one occasion, I was very hungry that I had to eat our dog’s leftover food. Our neighbor’s son caught me eating the dog’s leftover food (eba and egusi) and he told his mother who later that evening invited me to her house and asked me if what her son said was true.
I was so terrified that I begged her not to tell my step mother, because she will kill me if she knew that I ate the dog’s leftover instead of throwing it away. The woman wept and promised to give me food everyday without my stepmother’s knowledge, a promise she kept till we left the compound. As if starving me was not enough punishment, my Stepmother flogged me mercilessly until I would faint at times. She would also apply pepper in my vagina, eyes, armpit and neck, tie me up and abandon me in one of the toilets for days without food. In fact, no week passed without pepper being applied on me for minor offenses a child could commit like failure not to wash clothes or dishes well, It wasn’t as if I stole or told a lie or fornicated. During these dark days of my life, I often prayed for death, but it never came.
Despite all these experiences, I was very bright academically and was loved and favored by God and people. I knew that the only way to escape was to achieve educational success, so I never joked with schooling.
So you see, I have every right to be hateful, bitter, jealous, arrogant, sad, negative and toxic but I chose not to. Rather I embraced positivity, kindness, peace and love. My life is beautiful. I am a happy person. I’m at peace with God. I am hardworking, beautiful and smart despite all I’ve been through and I have only Almighty God to thank for it. If I was able to subdue my demons then I believe everyone has the power to conquer his/her demons also”.

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Peter Okoye Looks Dapper In Suit , Shows Off Cars Collection. – Pictures

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Peter Okoye Looks Dapper In Suit , Shows Off Cars Collection. – Pictures

Shared with Caption ..

So glad I’m becoming the Person i should’ve been a long time ago🤗 #Blessed
KARMA Video & Audio 30/09/19 trust me! it’s worth the wait

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