-It is either we restructure or burst.
-Nigeria’s unstable economy anchored on atrocious fiscal architecture
Nigeria’s has unstable economy anchored on the atrocious fiscal architecture in the history of mankind.
UNSTABLE ECONOMY ANCHORED ON THE MOST ATROCIOUS FISCAL ARCHITECTURE IN HISTORY OF MANKIND.
HOW A MAJORITY OF US ARE YET TO UNDERSTAND AND APPRECIATE THE FACT THAT NIGERIA WILL CONTINUE BE THE EXTREME POVERTY CAPITAL OF THE WORLD AND THE MOST TERRORISED STATE IN AFRICA UNTIL WE REVERT TO THE 1960 AND 1963 CONSTITUTIONAL FRAMEWORKS IS STILL A MYSTERY.
KEEP LIVING IN DELUSION AND OFFERING THE ABOMINABLE PRAYERS OF BALAAM. Restructure or burst.
Nigeria Current Total Debt as at today is N30trillion plus. They are planning to borrow additional N4.2trillion in 2020.
Recurrent expenditure in 2020 is more than our total revenue and it may be worse in 2021 under this same 1999 satanic verses called constitution.
The 2nd Niger Bridge is only 42% completed in 2020. At this pace, it will take another 8 years under the current fiscal revenues funded scheme to complete it .
They cancelled a robust PPP architecture that should have allowed JB and the SWF to have completed the project by now .
Yet, the President of the rent seeking Nigeria Economic Society denies that Nigeria economy is in a very big mess and that instability has been the major feature of the current kwashiorkored Buharinomics.
Iberiberism is real. A majority of us are actually suffering from the iberiberism plague. A plague worse than covid 19.
May God have mercy on all of us, who have continued to pander to cowardly political correctness because of our docility and selfish desires to be invited and included in the chopping table .
The 2021 budget is nothing but another presentation of documentary projection of poverty creation and destitution for the masses .
Another cut and paste document intended and solely packaged to take care of the profligacy of less than 1million civil servants and political office holders, create another group of 3million extreme poor people within the next one year and perpetuate/amplify Nigeria’s inglorious position as the extreme poverty capital of the world and the most terrorised haven for bandits.
WE EITHER RESTRUCTURE OR BURST …. NO AMOUNT OF BALAAM KINDS OF PRAYER WILL SAVE AN OBSTINATE AND IGNORANT GENERATION, WHO SET FIRE IN THEIR BOSSOM AND WENT TO SLEEP . GOD IS NOT MOCKED .
RESTRUCTURE OR BURST
Dr Nnaemeka Onyeka Obiaraeri, FICA, writes from IMO State.