hermesprogidy:
You are missing the point. Don't think like a micro- manager, Buhari has people on his team that can revamp the economy. We only need his persona to curtail wastage and instill a productive mentality in Nigerians.

Buhari may not solve all of Nigeria's problems, but he has a lot to offer.

Sai Buhari

Luchitec:
No doubt, Prof. Soludo raised some valid points about the state of affairs in the country. However, Soludo's denigration of Peter Obi for leaving funds in Anambra State coffers while at the same time praising OBJ's regime for accumulating a huge external reserve highlights his doublespeak and pettiness. Moreover, if stuffs that transpired in the banking sector during Sanusi's tenure at CBN are put into consideration, then Soludo is actually overrating himself as an economic guru.

kmariko:


The deficits in fundamentals of our economic existence is glaring for me to wake up in the morning and listen to an economic professor lecture me once again on the problems of mono economic indices.

We cannot make any headway in whatever direction we choose without taking a fundamental call it holistic approach in restructuring the polity we find ourselves in.

Soludos thesis is a mere academic exercise in how to manage or mismanage a mono economy of 170 million people.

Boss13:


You have a point. However, Buhari will not find it funny. He has begin to make utterances on which he would be judged. He has not sat down with his team and like Soludo has said he would have expected more from them. It all seems that they are eager to capture power and when they get there they will sort things out. If this is their plan, surely within two (2) years the public will be calling for their head.

Someone else mentioned that Soludo came up with economic thesis. They are not thesis but valid economic questions. How come oil prices were at an unprecedented level and our foreign reserves and debt profile are at an unprecedented level too. What were they doing with the foreign income. Debt profile is $40billion, abandoned capital projects estimated at $50billion.

If the president or Buhari is going to provide jobs, explain how you intend to do so. If you want to fight corruption, estimate the cost for fighting corruption. Put naira and kobo to your mandate and not wake up in the morning and start talking.

hermesprogidy:
I totally agree with you and that is why I said nobody is expecting an El dorado anytime soon if Buhari wins the election. It may be difficult for them to put figures on some things, and frankly speaking most of the campaign strategies is aimed at base of pyramid Nigerians (who unfortunately are the majority)

But the fact remains that Jonathan has nothing to offer and this country needs new leadership. If not for anything let Nigerians us this election to remind politicians that power lies in the hands of the people. Mess up, and you get voted out!!

ogene007:


Please, nigerians need to know the identity of these 'magical' economists on Buhari's team who will solve the problem better than GEJ's present economic team. You guys should go beyond propaganda and provide us names, so that we will know their pedigree and where they are coming from. Failure to do this, we can safely assume that APC are mere noise makers who are simply riding on the emotions of gullible nigerians in their attempt to sneak into Aso rock true craft and avarice. GEJ till 2019.

manny4life:
I read every single word and I am truly honored to have read this piece. I supported Jonathan but of recent, I have been more cautious than ever. The truth is our economy really needs help, unfortunately, Buhari isn't the man for the job either. Soludo rubbish both PDP and APC, man, he gave President Jonathan the bitter truth. Some may not like what he wrote, how he wrote and why he wrote it, but truth be told, Soludo asked pertinent questions. I liked where he hinted about the "Austerity" measures... How I wish this man could be my mentor, or yet work for him. He is endowed with wisdom.

egift:
Good and comprehensive piece.

Once Buhari is elected, his major task will be to put together a competent "Team Nigeria" to rescue this nation from the ugly mess we have sank into. I wish men like Soludo will be part of it.

Sai Buhari. Help on the way.

Boss13:


I did not read any thesis except you read a different version. Soludo only asked questions and advised the president to do away with charlatans and palace praise worshippers deceiving him. The president will be wondering, why all these attacks on me and as usual his wicked aides will always find an excuse to deceive him further.

Boss13:


Exactly. People power.

@Emoboy, I could not respond to your comment because it is long. Since you did not witness IBB's regime then you are probably young. IBB was a dictator but his SAP policy kick started most of the economic programs we leverage on now. Obasanjo's administration and I stand to be corrected with facts and figures, still remains the best administration since the independence of this country. The administration is yet to be unbeaten. If you want to criticise the administration, bring your facts and not words.

Boss13:


Sure GEJ remains the only viable option to get us out of the economic mess because he got us into it in the first place. However, both presidential candidates are yet to present to us what their economic plans are. If Jonathan can show us his plans, surely he would win our support. No one is blaming him for insurgency but we blame him for not curtailing it. Foreign reserves is depleted. Now our debt profile is at a dangerous level. The problem here is that we are indebted to private investors whose aim is to increase their returns so we are not going to get a debt relief. Which means we are going to pay every kobo/penny to the last and who do you think will suffer for this - me and you.

Jonathan has employed the wrong set of team. If he wins he must assemble a great team that can execute within the shortest period. Also, if I were Buhari, I will re-strategize with my team on how to revamp the economy and not make empty promises.

We surely need help. May God save Nigeria

InvertedHammer:
/
...That sweet feeling when an Economics graduate from UNN starts teaching ECON 101 to a hyped albeit clueless Havard graduate who happens to be the Coordinating Minister of Finance.

***just smiling***

\

saintiago1980:
Nigeria should be happy that God gave them a good president like GEJ the who vision transparent the who have change in this country.

LRNZH:





Some of these technocrats are already in APC and some will join in the near future when GMB takes over government.

This list includes but not restricted to: Oby Ezekwesili, Raji Fashola, Prof. Yemi Osinbajo, Rotimi Amaechi, Nasiru El-Rufai, Prof. Onyebuchi Chukwu (if he decamps to APC), Hon. Aminu Tambuwal, Barr. Festus Keyamo, Prof. Barth Nnaji, George Akume, Audu Ogbe, Rabiu Kwankwaso, Bukola Saraki, Adamu Muazu (APC will lure him after PDP's loss), Emir Sanusi Lamido Sanusi (will at least provide consultancy on economic olicies), potentially- Donald Duke & Emeka Anyaoku.

ogene007:


Reeling out economic theories is not the same as being in the hot seat and dealing with the politico-economic realities on the ground. It was Soludo's textbook economics theories that allowed Akingbola and Ibru to almost ruin two of the biggest banks in the country, until Sanusi came to the rescue. So, save us that trash of a story. We all know that Soludo has not recovered from getting his fingers burnt in his attempt to become governor of anambra state. He should rather lick his wounds in silence than come here to reel out figures which do not factor in the political exigences that impact whatsoever economic policy any government would want to implement in nigeria. GEJ's economic team is about the best ever put together in the history of this country. The organised private sector and nigerians in general, trust in their ability to get the economy out of the woods. GEJ till 2019.

sincerenigerian:
How I wish Nigerians can read this piece from top to bottom. This piece should be an eye opener for all of us.

Good piece from Prof. Soludo.

derespect:
Wait oooo. Na exam I dey preparevfor? Wey u think say I go read all ds things.

VoteWisely:
#VoteWisely #GEJ

saintiago1980:
Goodluck is the only president who can bring Nigeria to the promise. Land he has a lot to do for Nigeria. Let us join hand together in this up coming election. To vote him in for future generation.

hermesprogidy:
If there is anything this election has exposed, its the high level of ignorance and the total failure of our educational system. Even after someone presents hard facts, people will still ignore the facts and attack the person. Sometimes I wonder if it's lack of comprehension, or just simple annoyance at your effrontery to task their chicken brains.

J12:
Whats the point of massively building up reserves when the country is dying of poverty and starvation? Is this not the same question the governors asked Jonathan when they wanted him to share all the cash in the excess crude account. The governors are now complaining that there's no money.

sincerenigerian:
How I wish Nigerians can read this piece from top to bottom. This piece should be an eye opener for all of us.

Good piece from Prof. Soludo.

ogene007:


Reeling out economic theories is not the same as being in the hot seat and dealing with the politico-economic realities on the ground. It was Soludo's textbook economics theories that allowed Akingbola and Ibru to almost ruin two of the biggest banks in the country, until Sanusi came to the rescue. So, save us that trash of a story. We all know that Soludo has not recovered from getting his fingers burnt in his attempt to become governor of anambra state. He should rather lick his wounds in silence than come here to reel out figures which do not factor in the political exigences that impact whatsoever economic policy any government would want to implement in nigeria. GEJ's economic team is about the best ever put together in the history of this country. The organised private sector and nigerians in general, trust in their ability to get the economy out of the woods. GEJ till 2019.

idrisbello:
*******It hurts them you ended their subsidy fraud******** **You sold off NEPA and ended their fraudulent NEPA contracts. **You removed ghost workers from civil service and reduce their wealth. **You refused to renew their oil blocks license they shared among themselves. **You handed NPA verification to a third party and eliminated port frauds. **It hurts them you stopped the bootlegging in fertilizer distribution. **You hurt them by making sure they don't hoard petroleum product and Nigerians will sleep at filling stations while they make astronomical profits. **You pinched them where it hurts most by making sure elections are free and fair & they can't impose their candidates on us. **You hurt the cabal by looking into their face and telling them no sir. **We know Tinubu, Amaechi, Rochas & co. don't love Nigeria more than us.***you restored rail system that gulp billlions of naira yearly, it hurts them *** You have made Nigeria proud with cars now produced in Nigeria up to 70% local content. Many car merchant and corruption in auto mobile industry stopped **We know GMB is a man of integrity and strict to what he believes. But we also know those pushing him have a hidden agenda. They have bullied you, lie against you, insulted you and make Nigeria insecure just to get back to business as usual. But I promise you sir, they will not bully our votes, we will go to the poll blindfolded for you. For their peace will be too costly!
If you love Nigeria please repost to all your contacts!