Monday, June 5

Nigeria’s Economy Has Hit An Iceberg

By Osita Chidoka

Chineke anokwam gi na ukwu ooooh

Nigeria’s economy has hit an iceberg….we are servicing debt with debt.

I warned about the emphasis on debt to GDP instead of debt to revenue.

Nigeria is insolvent as oil sells at $105. They denied subsidy and now they are claiming N4trillion subsidy payment.

-ASUU on strike
-Insecurity across the country
-Oil production is down
-Unsubstantiated Fuel subsidy
-Bread producers stopping production
-Airlines closing operation

Share, follow and like our page at or visit

Leave a Reply

Your email address will not be published. Required fields are marked *