World Bank's Country Director for Nigeria, Mathew Verghis' top quotes from this interview about Nigeria's economy.
1. "If you (the ๐ณ๐ฌ govt) want to deliver results to people (Nigerians), the money that you have on an annual basis is not enough"
2. "So you borrow, you get results and that will improve your ability to pay back"
3. "To be able to provide energy (power/electricity) to 32 million Nigerians, Nigeria needs to borrow money now. With increased access to energy, Nigeria will become a wealthier country"
4. "All countries borrow because investments are lumpy and large. The payoffs come in the future."
5. "Nigeria is moderately indebted, it has less debt relative to its economy than most of its neighbours like Ghana which is going through a debt restructuring"
6. " Nigeria doesn't have a high indebtedness problem, it has a low revenue problem. The critical focus should be on increasing revenues and that is happening. This will allow Nigeria to invest in its people & infrastructure. That will get them better jobs, better outcomes and lower poverty"
@Tinsnilloc@gkingsventures It's **Swordfish** (2001), starring John Travolta (Gabriel Shear), Hugh Jackman, Halle Berry & Don Cheadle. The video is a dramatic recap of the bank heist/hostage scenes with the exploding collars and helicopter-lifted bus. Classic action flick!