BackEnd Developer, Blockchain developer, TA, Father, Lover, Xtian
Joined August 2010
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And these water? Is it because SE is dirty? It’s because of the base (brown clay) season( rainy season) and amount of movement on it… Read investigate don’t run to castigate
Let’s even agree he sabi wetin him dey talk, shouldn’t we be talking about differentials? The guy na olodo and he knows his audience. There is a reduction of close to 18billion USD based on differentials.
Below is the YOY differential from 1999 till date
Not only that, we also had a huge positive differential. Nigeria never had it better with her debt profile. If we consider the YOY FX reserve vs the Total debt we can see a positive differential of close to USD 18 billion. That junkalist knows his audience are blockheads
@ruffydfire Mr Junkalist, attached is the Nigeria debt and Fx reserve profile from 1999 till date. If not for the debt relief by Paris club etc, no past govt laces @officialABAT boots. Stop deceiving ur followers, not that they are really intelligent though
To calculate Nigeria’s foreign reserves minus its total public debt, we need the most recent figures available for both. Based on the provided data, I’ll use the latest reliable numbers and perform the subtraction. Note that the data may not reflect the exact figures as of August 22, 2025, but I’ll use the most recent values from the sources.
Data Used
• Foreign Exchange Reserves: As of November 2024, Nigeria’s foreign exchange reserves were $40.4 billion (USD).
• Total Public Debt: As of Q1 2024, Nigeria’s total public debt (external and domestic) was N121.67 trillion, equivalent to $91.46 billion (USD).
Calculation
Foreign Reserves - Total Public Debt = $40.4 billion - $91.46 billion = -$51.06 billion
Result
Nigeria’s foreign reserves minus its total public debt results in a negative balance of approximately $51.06 billion. This indicates that Nigeria’s total public debt exceeds its foreign reserves by about $51.06 billion, based on the latest available data.
@ruffydfire My Junkalist. Below is Nigeria’s debt profile vs external reserve since 1999. The differential is key and is the delta reserve minus delta of debt. Stop feeding ur people lies. Infact if not for the debt forgiveness by Paris club etc none laces @officialABAT shoes.
