What’s this foreign debt all about?
Nothing special. It’s just that thing we do when we’re not sure how we have so many ways to make money but still end up broke.
Isn’t that like the story of about 90 per cent of serial entrepreneurs?
I don’t know about that number, but you’re not far from the truth.
So what’s foreign debt – literally?
Are you sure you want me to explain what this means? I said “many levels of confusing”, not all levels. This one is self-explanatory: debts from foreign countries.
Right… So what’s up with Nigeria?
Let’s say Nigeria is that “serial entrepreneur” with all the resources to become rich but always needs financing.
Financing for what?
That’s my first point of confusion – the what. It’s alright to borrow to finance projects till you can stand by yourself. But I don’t understand why people borrow to finance projects with the lowest chance of bringing profits or having any impact whatsoever.
You leave Lagos to Abuja, to borrow to build Kano to Maradi.
Is this rocket science?
I mean how else can I explain this? pic.twitter.com/n9xq7Y2Qyo
— Kalu Aja (@FinPlanKaluAja1) December 30, 2021
Hold on. Did I just see mosquito nets?
Yes. I don’t know how to explain that it wasn’t a skit. It turns out mosquitoes are now a national emergency we need a loan to deal with. Maybe it’s mosquitoes that are sucking our finances. Snakes and monkeys swallow money in Nigeria, so mosquitoes sucking our finance…
