NewStats: 3,264,951 , 8,185,205 topics. Date: Thursday, 12 June 2025 at 10:54 PM 5x1i1p

rickleye:
And what does that mean to John Doe and Jane doe. It doesn’t bring down inflation or create jobs or improve infrastructure. It simply means we can borrow money and pay back when due.

Actually, it will help tame inflation and promote investments that create jobs and opportunities for both the rich and the poor.

simonhabby:


It simply means there's more confidence in Nigeria paying back her debts. It doesn't mean the economy is good or bad or Nigeria is rich or poor, but she is more capable or more willing to pay back debts. The good thing is that we can access more loans with lower interest rate because the higher your credit rating, the lower the interest on your loans.

How can you say it's neutral to the economy, yet in the same breath claim the government is more capable and willing to repay debts? Does the government operate outside the economy?

WiszyFraud:



Yeahh.

But the common man still finds it difficult to afford basic needs.... The president needs to do better. .

Why is the common man still finding it difficult to afford basic needs? I asked the question to help us reason things out...

I feel that we take the easy way out when we just blame whoever is at the helms of affairs. The way we are going, we may never get any leader that we will celebrate as successful until after they leave office. Think about it, most of the challenges bedeviling us in Nigeria present opportunities to any creative mind; from food to security etc.

It just seems to be that we probably need to be more responsible.

Brendaniel:


So those that were killed by bandits and herdsmen in their farms were asking for free food abi?

The worker that goes to work earning 77k that cannot buy a bag of rice or even pay his transport fare or his bills is asking for free food abi?

Continue ing nonsense

Rice is 50k now

Brendaniel:


And what is the job of Tinubu as president ?
Who is more important to an average citizen, president or governor?
...

Your governor, state and federal lawmakers are your elected representatives who are closer to you than the president. Ask them what they are doing with the huge allocations they receive regularly.

Or you want to start climbing a tree from the top?

Brendaniel:

The fruit of a tree is not usually at the bottom, for you to get that fruit you have to reach the top...
What is Tinubu's job?
Are you saying all these positions you mentioned are more important than the president?

You start from the bottom to get to the top, right? That's why you start asking your governor, state and federal lawmakers whom you elected represent you before you now get to Tinubu.

Or are you afraid of holding you elected representatives to ?

Ijaya123:


Your governor, state and federal lawmakers are your elected representatives who are closer to you than the president. Ask them what they are doing with the huge allocations they receive regularly.

Or you want to start climbing a tree from the top?

The fruit of a tree is not usually at the bottom, for you to get that fruit you have to reach the top...

What is Tinubu's job?

Are you saying all these positions you mentioned are more important than the president?

Lanretoye:
Na free food some people think say na good economy,until government start giving free food,free house,salary without working is when the government is working

Not free food but affordable food. Shebi this government has been giving free food, yet people said it is bad economy. Only the government thinks giving free food is good economy. The citizens of these country are wiser than the aged government headed by a great grandfather without brain.

Brendaniel:


Is Tinubu's job only to share huge devalued allocations?

Then tell your Governor to return it . No wonder, he's looting away your future while you barking at the center.

abc115:


Rice is 50k now

And you can't present a simple receipt of the one you bought...

Putindbutt:

Then tell your Governor to return it . No wonder, he's looting away your future while you barking at the center.

Then tell Tinubu to give states full resource and istrai control, what is Tinubu president for?

But when they downgrade Nigeria you will not ask who moody is instrad you will just be happy like many of your hate filled tribesmen.

PriceActionZ:
Who is moody? Hun

SoftSport:
This is good news for Nigeria and shows Tinubu is doing a good job with the economy.

if the same institution says otherwise tomorrow, hope you won't attack them.

nedu666:


Reforms that don't improve welfare of ordinary Nigerians is useless reforms. Govt is not about raising revenue and borrowing money

There is no major reform on earth that will improve people's welfare in two years.

Lanretoye:
Na free food some people think say na good economy,until government start giving free food,free house,salary without working is when the government is working

Learner247:


Why is the common man still finding it difficult to afford basic needs? I asked the question to help us reason things out...

I feel that we take the easy way out when we just blame whoever is at the helms of affairs. The way we are going, we may never get any leader that we will celebrate as successful until after they leave office. Think about it, most of the challenges bedeviling us in Nigeria present opportunities to any creative mind; from food to security etc.

It just seems to be that we probably need to be more responsible.

God bless you.

Lanretoye:
Na free food some people think say na good economy,until government start giving free food,free house,salary without working is when the government is working

Oga if a policy is good the positive impacts will be felt all round. This rating is not for real investment, it is for portfolio investors to have confidence to trade in Nigerian financial instruments.

muykem:
There is no major reform on earth that will improve people's welfare in two years.

Oga reforms can bring up fast results, let us stop deceiving ourselves.

lionshare:
Actually, it will help tame inflation and promote investments that create jobs and opportunities for both the rich and the poor.

The rating upgrade is not for real investments, let usbstop deceiving ourselves. This is for those who love hot money investments. The portfolio investors with this rating will have confidence in trading in Nigerian financial instruments. It will not help the country in the long run because the investments that will create jobs are not there.

MT:
America credit rating was downgraded from Aaa to Aa1 two weeks ago by Moody.

Under Tinubu’s watch , Nigeria credit rating was upgraded.

So, for you who are subservient to the Caucasians, who is a better leader between Trump and Tinubu?

You can’t argue with the fact.

Oga it was the tariff policies of US that made them downgrade. But the A1 rating is still good for business and real investment, because other factors of production are still there. In Nigeria's case the upgraded rating is for confidence to portfolio investors so that they can trade in Nigerian securities. The real investment which is needed for the economy is not there. Nigeria is still high risk for real investment that will create jobs.

phemray:


Am just waiting for when common man will be 100% settled since 1960. Common man will always exit being common by being productive government policies will always have effects on Nigerians. The questions are, are the policies necessary and has it redirects Nigeria towards a better future? If yes, the we leave with the consequences till it's over.

Oga the policies are not addressing the real economy. The rating only favors portfolio investors as it only gives them confidence to trade in Nigerian securities.

simonhabby:


It simply means there's more confidence in Nigeria paying back her debts. It doesn't mean the economy is good or bad or Nigeria is rich or poor, but she is more capable or more willing to pay back debts. The good thing is that we can access more loans with lower interest rate because the higher your credit rating, the lower the interest on your loans.

It is a lie. This means there is confidence to trade in Nigerian securities, there is still no confidence to bring in real investments that can create jobs.

aribisala0:
Simple is that people perceive the risk of lending money to you to be lower , that they are more likely to get their money back and therefore the interest rate you have to pay when you borrow is lower

This is for portfolio investors. This is to give confidence that Nigeria can honor obligations once the tenor for Bonds and other securities that they get from the government reaches, they will get their money plus interest back.
This doesn't in anyway give confidence to investors in the real sector of the economy.

WiszyFraud:



Yeahh.

But the common man still finds it difficult to afford basic needs.... The president needs to do better. .

You cannot spend what you don't have bro , we have wasted our resources all these years, anybody thinking things will go back to the way they once were ,where govt was subsidising the lifestyle of Nigerians is living in denial .

hatchy:
That picture above looks like someone who just being brought out of the Mortuary.

Fake Akantant, see his economic plan....

The handwriting was all over the wall for example when he avoided answering one single question in Chatham House UK but kept delegating the answering of the questions to his lackeys and as if that was not bad enough, he refused to attend a single election debate because he knew he had nothing in his head apart from schemes to loot treasuries dry and use his loot to rig elections into PERPETUITY.

If God does not step in and do something DRASTIC fast, we go hear wen for Nigeria.

Irony1:


The rating upgrade is not for real investments, let usbstop deceiving ourselves. This is for those who love hot money investments. The portfolio investors with this rating will have confidence in trading in Nigerian financial instruments. It will not help the country in the long run because the investments that will create jobs are not there.

So, are you suggesting that FPI into the debt market cannot generate jobs or income opportunities in the economy? Do you really think that those raising funds through instruments like commercial papers intend to just keep the money idle without investing it productively?

Irony1:


This is for portfolio investors. This is to give confidence that Nigeria can honor obligations once the tenor for Bonds and other securities that they get from the government reaches, they will get their money plus interest back.
This doesn't in anyway give confidence to investors in the real sector of the economy.

This view is flawed because repayment depends on economic growth, which requires lender confidence. Ignoring key metrics like revenue-to-GDP and debt servicing-to-revenue ratios overlooks essential indicators of repayment capacity.

I wish Shetima would have done well with security, just as Tinubu is doing with economy. As it seems, Shetima is doing nothing, absolutely nothing. 😎

What is the credit to the common man in the face of rising inflation and high cost of living?

clockwisereport:
Can economists explain it in simple

It means the country is in financially better.straights because it is managing its financial sutuation better,

That means investors and lenders will have greater confidence investing in the country.

Credit rating to borrow our money. Rubbish.

WiszyFraud:



Yeahh.

But the common man still finds it difficult to afford basic needs.... The president needs to do better. .

Make them dey deceive themselves