WHO IS NIGERIA OWING? (DEC 2023) Nigeria's External Indebtedness - 1 Eurobonds: $15.12bn 2 Int'l Devt Association: $14.96bn 3 Exim Bank of China: $5.17bn 4 Int'l Monetary Fund: $2.47bn 5 African Devt Bank: $1.65bn 6 African Devt Fund: $1.00bn 7 Agence Francaise Devt: $580.1m 8 Int'l Bank for Reconstruction & Devt: $485.5m 9 Int'l Fund for Agric Devt: $277.4m 10 Syndicate loan: $270m 11 Islamic Devt Bank: $238.2m 12 Kreditanstalt Fur Wiederaufbua: $125.9m 13 Japan Int'l Coop Agency: $58.3m 14 European Devt Fund: $34.3m 15 Exim Bank of India: $25.9m 16 Africa Growing Together Fund: $23.95m 17 Arab Bank for Economic Devt in Africa: $5.15m Total External Loan: $42.5 billion #Statisense (DMO)
@StatiSense @officialABAT President will pay all of them. On this mandate we stand
@StatiSense We need to start paying back our loans as earliest opportunity
@StatiSense This is why they charge you 50 naira everyday for your bank account. Guys check your bank app, you will be shocked. That’s why government is doing nothing despite people cry out about the excessive charges.
@StatiSense What did they do with the money? Nothing @MBuhari and @OfficialAPCNg killed this country @GazetteNGR @SaharaReporters this Nigeria has sinck we can not produce enough oil for those Nigeria owns talk more of our Refineries, now Nigeria will start importing oil for our Refineries
@StatiSense I’m sure the best performing of this $42.5B will be $5.17B borrowed from China because it will tied to an infrastructure.