Nigeria ranks high as World Bank releases list of top 10 countries indebted to China

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Marculus 1 year ago

And so where Ghana, upon the noise upon noise being made that Ghana is highly indebted to China. Shame shame shame

And so where Ghana, upon the noise upon noise being made that Ghana is highly indebted to China. Shame shame shame
Kofi Akwetey 1 year ago

Ghana owes China $1.9 billion.

Ghana owes China $1.9 billion.
Kojo Sromani 1 year ago

Your stupidity is just unbelievable. The level of indebtedness is classified as huge or alarming based on the size of your economy. The Nigerian economy is over 400 billion dollars, so a debt of 6 billion dollars is no news. ...
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Your stupidity is just unbelievable. The level of indebtedness is classified as huge or alarming based on the size of your economy. The Nigerian economy is over 400 billion dollars, so a debt of 6 billion dollars is no news. With our small economy which is less than 70 billion dollars, even a 1.5 billion debt is alarming. Get your head fixed.
Marculus 1 year ago

Is Zambia’s economy bigger than that of Ghana? But Zambia is among the countries highly indebted to China. But do you know that in terms of GDP per per capita, Ghana’s economy is bigger than that of Nigeria, almost 2 tim ...
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Is Zambia’s economy bigger than that of Ghana? But Zambia is among the countries highly indebted to China. But do you know that in terms of GDP per per capita, Ghana’s economy is bigger than that of Nigeria, almost 2 times that of Nigeria. Illiteracy is a a big disease. We should read
MARCULUS, PEOPLE LIKE ARE THE REASONS GHANA WILL CONTINUE TO SUFFER UNDER ECONOMIC MISMANAGEMENT 1 year ago

Maculus, your economic analysis using GDP to between Nigeria and Ghana is wrong in determining which of the two countries is richer than the other. Which of the two countries has stronger purchasing power in real economic str ...
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Maculus, your economic analysis using GDP to between Nigeria and Ghana is wrong in determining which of the two countries is richer than the other. Which of the two countries has stronger purchasing power in real economic strength. Ghana continues to struggle out of economic financial constraints and with the stronger GDP has to seek IMF & World Bank assistance to sore up her dept credibility, conditionality which Nigeria is never under, eventhough Nigeria owes a poultry amount to China. Nigeria continues to service its International and domestic debts as at when its due while, Ghana cannot even service domestic dept obligations. Maculus, what sense and what good or who does your self seeking GDP comparison meant to satisfy. People like you are the reasons Ghana will never exit this disgraceful economic slump problems anytime soon.
Kuzkuz 1 year ago

Masa when it comes to debt we use gdp period not per capita or purchasing power or what not,a rich country like Macao with gdp less than $30 billion is having a debt of $50 billion it would be a real headache Vs a relatively ...
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Masa when it comes to debt we use gdp period not per capita or purchasing power or what not,a rich country like Macao with gdp less than $30 billion is having a debt of $50 billion it would be a real headache Vs a relatively poorer country like India with a high gdp that $50 billion debt would be nothing to India
Kwabena Ohemeng,London 1 year ago

The bias of the World Bank on display here.How much do these countries owe Western financial institutions and countries? Always portraying China's presence in Africa as imposing financial hardships on African countries. Sto ...
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The bias of the World Bank on display here.How much do these countries owe Western financial institutions and countries? Always portraying China's presence in Africa as imposing financial hardships on African countries. Stop the bias World Bank!!!
GHANA BETTER FOCUS ON YOUR DEBT RIDDEN ECONOMY AND STOP THE SENSELESS ATTENTIONS ON NIGERIA 1 year ago

What makes news here is that Nigeria is among the top ten and Ghana is out of the list. If Pakistan tops the list with such a gargantuan amount but does not makes headline news in Ghana but Nigeria makes headline news; it tel ...
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What makes news here is that Nigeria is among the top ten and Ghana is out of the list. If Pakistan tops the list with such a gargantuan amount but does not makes headline news in Ghana but Nigeria makes headline news; it tells the failure mentality of average Ghanaian who is always looking for negative comparisons with Nigeria in order to score cheap egocentric and self deceptive satisfaction. If Nigeria the largest economy in Africa owes China 5 Billion Dollars and Ghana which is completely depth ridden under economic supervision of IMF & World Bank, owes China 1.8 Billion Dollars and cannot even service domestic dept obligations, which of the two countries between Nigeria and Ghana is more shamefully more newsworthy. Shame on you who never accept you have failed economically.

Kojo Sromani 1 year ago

What also makes sense is that the size of your economy dictates what an alarming indebtedness is. The Nigerian economy is over 400 billion dollars so a 6 billion dollar debt is nothing alarming. Ghana's economy is less than 7 ...
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What also makes sense is that the size of your economy dictates what an alarming indebtedness is. The Nigerian economy is over 400 billion dollars so a 6 billion dollar debt is nothing alarming. Ghana's economy is less than 70 billion dollars, so a debt of 1.5 billion dollars should be worrying. Some of you are just dumb.
Marculus 1 year ago

Who told you? Stop displaying your miserable ignorance here. Nigeria’s economy is never 70 times that of Ghana, not even 10 times. Take advantage of the free SHS. Go to school.

Who told you? Stop displaying your miserable ignorance here. Nigeria’s economy is never 70 times that of Ghana, not even 10 times. Take advantage of the free SHS. Go to school.
Joel 1 year ago

Marculus you’re rather wrong and playing into the hands of misleading Ghanaweb. Nigeria’s dept ratio does not affect their purchasing power when compared to Ghana who needs IMF help just to collect meagre loan. We must st ...
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Marculus you’re rather wrong and playing into the hands of misleading Ghanaweb. Nigeria’s dept ratio does not affect their purchasing power when compared to Ghana who needs IMF help just to collect meagre loan. We must stop comparing ourselves to others because Ghana is in worst financial situation compared to Alata but political affiliated website or Semi illiterate owned website like Ghanaweb always mislead the masses.
Fireman 1 year ago

How much has the npp paid the media house to keep feeding us crap, but the actual news we want to know about. We have a lot of problems to tackle but the media keeps hitting on the side instead. The npp government never menti ...
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How much has the npp paid the media house to keep feeding us crap, but the actual news we want to know about. We have a lot of problems to tackle but the media keeps hitting on the side instead. The npp government never mention what they have been doing to improve our country but rather plays the low stupid card of always comparing and dragging others into their pig shit. Fucked up Government, fucked system, we will all suffer is we keep avoiding the real keep but prefer to be hypocrites. Ghana and Africa would never make it if we continue like this.
Kofi Akwetey 1 year ago

@Freeman, what has publication got to do with NPP Government? The information published is easily available on Google. Or, are you just disappointed that Ghana is not cited as the most heavily indebted, so you can use that i ...
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@Freeman, what has publication got to do with NPP Government? The information published is easily available on Google. Or, are you just disappointed that Ghana is not cited as the most heavily indebted, so you can use that information to bash the Government?
Otunuga, Sunday Olusegun 1 year ago

Nigeria has not defaulted in spite of her high external debt unlike Ghana.
Please, get your house in order and agree terms with your creditors.

Nigeria has not defaulted in spite of her high external debt unlike Ghana.
Please, get your house in order and agree terms with your creditors.
Ghana is a failure 1 year ago

Now to the hallucinating pigs fuming from the mouth.
Nigeria's over all debt to GDP is 46.6 percent of her GDP.
Meanwhile heavily indebted poor, bankrupt ghana whose existence is tied to IMF is currently doing almost 100 p ...
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Now to the hallucinating pigs fuming from the mouth.
Nigeria's over all debt to GDP is 46.6 percent of her GDP.
Meanwhile heavily indebted poor, bankrupt ghana whose existence is tied to IMF is currently doing almost 100 percent.
Whoever that put that headline up there engagement will die from car accidents this year.
If they ascape accident themselves, their house will be gutted by fire and every member of their household including their aged mother or father will die.
Elephant Farmer 1 year ago

Indepted to China is what? We borrow from South Korea. Sorry for your fucking borrows. Shitt fucking remains.

Indepted to China is what? We borrow from South Korea. Sorry for your fucking borrows. Shitt fucking remains.
Otunuga, Sunday Olusegun 1 year ago

As said earlier, Nigeria has not defaulted on honouring her debt obligations unlike Ghana.
Those of us retirees holding Ghana Eurobonds are suffering because of their sovereign default.
Ghana, get your house in order and ...
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As said earlier, Nigeria has not defaulted on honouring her debt obligations unlike Ghana.
Those of us retirees holding Ghana Eurobonds are suffering because of their sovereign default.
Ghana, get your house in order and agree terms with your creditors rather than comparing yourself with Nigeria. No basis of comparison!
Frimley 1 year ago

But how come everyone that belongs to Npp is so stupid,foolish and mad like Akufo Addo and Bawuliar? Ah! Ah !

But how come everyone that belongs to Npp is so stupid,foolish and mad like Akufo Addo and Bawuliar? Ah! Ah !

Ghana is a failure 1 year ago

These Ghanaians are cursed for life with no remedy.
So this news and articles and the senseless headline is for engagement and attention grabbing sake.
This is why even Satan that created these humanoid‐Ghanaians have ab ...
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These Ghanaians are cursed for life with no remedy.
So this news and articles and the senseless headline is for engagement and attention grabbing sake.
This is why even Satan that created these humanoid‐Ghanaians have abandoned them.
Nigeria is not even top 5 most indebted countries to China but these pieces of pigs have to bring in the name Nigeria for clout chasing sake .
Ogun go kee the animal that wrote the headline.
Ogun go kee him and his entire household.

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Nigeria ranks high as World Bank releases list of top 10 countries indebted to China

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