A nigger or niglet that is made out of shit.
"What smells like excrement?" "Oh, it must be that god damn turd nigger over there!"
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A combination of the words "nigger", "bitch", and "terrific"; the term "niggerbitchriffic" is a statement of sarcastic joy, usually spoken in a time of frustration.
"Hey John, I accidentally put your puppy in the microwave"
John: "Well isn't that just niggerbitchriffic."