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Nairaland Forum / Nairaland / General / Politics / Bailout: Buhari Is Clueless, Lied About Empty Treasury – Economist (2570 Views)
Jonathan: I Did Not Leave Empty Treasury / 2016 Budget Crisis Confirms My Position That Buhari Is Clueless, Incompetent / Ex-minister Faults Buhari On Empty Treasury, Says Jonathan Left About $30bn (2) (3) (4)
Bailout: Buhari Is Clueless, Lied About Empty Treasury – Economist by salterswan: 9:13pm On Jul 07, 2015 |
Dr. Katch Ononuju, an Abuja based economist has described President Muhamadu Buhari’s latest approval of N700bn from the relief fund to offset the backlog of outstanding salaries, and monies owed contractors, as a contradiction and a reflection of his cluelessness on the state of the economy. Katch, in an exclusive interview with POST NIGERIA, doubted Buhari’s understanding of how the economy operates, re-instated that the bail-out is a far departure from Buhari’s earlier “empty treasury” stance. He therefore cautioned Buhari and politicians in his administration to stop degrading and spreading lies about the economy. “The Government seems not to know where to go right now. “Right now the Government is clueless because if the driver of a vehicle suddenly has the passengers in the vehicle fighting even before it has left the park, I think that could be described as being clueless “There is nothing like an empty treasury. “I believe Buhari was just lying with his empty treasury statement. Nigeria is not poor and the economy is not broke. They should stop talking down about Nigeria.” http://www.post-nigeria.com/bailout-buhari-is-clueless-lied-about-empty-treasury-economist/ 3 Likes 1 Share |
Re: Bailout: Buhari Is Clueless, Lied About Empty Treasury – Economist by omolizzy(f): 9:16pm On Jul 07, 2015 |
Heheheh |
Re: Bailout: Buhari Is Clueless, Lied About Empty Treasury – Economist by Prince081: 9:21pm On Jul 07, 2015 |
Buhari has taken us back by 6 years just in one month. Change indeed 6 Likes |
Re: Bailout: Buhari Is Clueless, Lied About Empty Treasury – Economist by Nelkoko: 9:27pm On Jul 07, 2015 |
Wot sort of pple are we 2 put our destiny and future on an old volkswagen.......how can we go back 2 1984 wen d world is in 2099....... 6 Likes |
Re: Bailout: Buhari Is Clueless, Lied About Empty Treasury – Economist by theassassin: 9:34pm On Jul 07, 2015 |
what do you expect from a gworo chewing bastard burukutu sipping gorilla mumuhamado mumuharii he's a dunce that doesn't know jack about Nigeria he's an illiterate terrorist general he's a pedophile he's a kunu sipping monkey his brain is full of fura d'nunu thus thinking about aisha every minute instead of Nigeria. he has a large nose Lier Muhammed the charlatan at his back. Nigeria is on autopilot because Buhari is a terrorist - Elrufai 9 Likes 1 Share |
Re: Bailout: Buhari Is Clueless, Lied About Empty Treasury – Economist by resty4(m): 9:38pm On Jul 07, 2015 |
Apc is pack of liers. 1 Like |
Re: Bailout: Buhari Is Clueless, Lied About Empty Treasury – Economist by Nobody: 9:40pm On Jul 07, 2015 |
So old grandpas fit lie too... 1 Like |
Re: Bailout: Buhari Is Clueless, Lied About Empty Treasury – Economist by Nobody: 9:44pm On Jul 07, 2015 |
“The Government seems not to know where to go right now.This is what we have been saying. The Buhari government was lying and deceitful when the President said the treasury was "virtually" empty. What is virtually empty when he met $2b (N400billion) in ECA and another $$2Billion (N400billion) from LNG funds. This government is clueless 3 Likes |
Re: Bailout: Buhari Is Clueless, Lied About Empty Treasury – Economist by ChimaAdeoye: 9:45pm On Jul 07, 2015 |
salterswan: please forgive Buhari, it is not his fault. The old dulllard does not know much. 2 Likes |
Re: Bailout: Buhari Is Clueless, Lied About Empty Treasury – Economist by LoveMachine(m): 9:47pm On Jul 07, 2015 |
People can't be this daft. If a country is supposed to have 20+ billion but has less than 3 yes it is broke. Broke doesn't mean barren. Broke means we might have to borrow when we shouldn't. Broke means all our big plans will take longer than expected because we aren't liquid. Broke means our change has been leeched away by thieves of yesterday. Broke is where we find ourselves. 7 Likes |
Re: Bailout: Buhari Is Clueless, Lied About Empty Treasury – Economist by psucc(m): 10:04pm On Jul 07, 2015 |
No he said the truth the treasury was empty. It is the contribution by APC leaders that he is sharing. Remember he had not paid the N27m loan he took from a bank to buy the nomination form. 3 Likes |
Re: Bailout: Buhari Is Clueless, Lied About Empty Treasury – Economist by emorse(m): 10:48pm On Jul 07, 2015 |
barcanista: I've read quite a number of your "not so smart" posts but this here really stands out. Our annual budget has hovered around N4tr in the last 5 yrs and you say a treasury that contains about N800b is not "virtually" empty? Did you even stop to think that for a larger duration of the last administration crude oil sold for about $120 as opposed to about $60 now? smh. 9 Likes 1 Share |
Re: Bailout: Buhari Is Clueless, Lied About Empty Treasury – Economist by Dannyset(m): 10:57pm On Jul 07, 2015 |
This Economist is as daft as his pay master Jonathan. Does he even understand the rubbish he's saying? This same Nigeria that we are all in, is what ur saying isn't broke? This Economist is really really dumb, and am sure is gon remain so for ages. 2 Likes |
Re: Bailout: Buhari Is Clueless, Lied About Empty Treasury – Economist by Nobody: 11:01pm On Jul 07, 2015 |
emorse: And it started trading at $60 as soon as your favourite took over? Continuuu.... make excuses for them.. |
Re: Bailout: Buhari Is Clueless, Lied About Empty Treasury – Economist by Nobody: 11:15pm On Jul 07, 2015 |
If you earn 200k in salary and you account after working for 8 years, has less than 10k as savings in it and you need to borrow to pay your house rent for the coming month, what do you call that? Unintelligent economists fooling the Wailing wailers 5 Likes |
Re: Bailout: Buhari Is Clueless, Lied About Empty Treasury – Economist by double0seven(m): 11:59pm On Jul 07, 2015 |
barcanista: You have really become shameless. You are just looking for anyway to paint Buhari bad even if makes you look like a foo.l. I don't even know who is more daf.t? You or the brainless economist? Why do people like to play around with words and semantics ? And many Nairalanders are already going with the argument. I've said it before, Nairaland is now full of people with low IQ. People that lack basic understanding in simple logics. So if I had a company, and the company has 500 million in the account. I went for a 1 year break and left my younger brother in charge. When I came back, I met a balance of 45 million in the said account. So if I shouted that my brother as virtually emptied my company account, you would say it a lie, that the account is not empty because there is still 45 million inside. How stup.id and bigoted can you be? 9 Likes |
Re: Bailout: Buhari Is Clueless, Lied About Empty Treasury – Economist by Nobody: 1:39am On Jul 08, 2015 |
LoveMachine: Do you need a lecturer to explain the meaning of 'empty treasurery? Look the word he used -EMPTY 1 Like |
Re: Bailout: Buhari Is Clueless, Lied About Empty Treasury – Economist by LoveMachine(m): 2:29am On Jul 08, 2015 |
onlinebizinfo: An empty carton of juice still has juice. Not full but there are still drops inside the carton. He didn't say the country was bankrupt. He said he inherited Nigeria in a sorry state and gained control of an empty treasury. What else needs to be explained? Don't argue for argument's sake and let's not discuss semantics. If you don't like our president fine. But please don't pretend as if the past decade of governance hasn't been embarrassing at best. Let's make progress with the hand we've been dealt. Antagonizing every step the new gov makes is doing neither. It's like some of us don't want to win. I don't get it sometimes. 4 Likes 1 Share |
Re: Bailout: Buhari Is Clueless, Lied About Empty Treasury – Economist by LoveMachine(m): 2:29am On Jul 08, 2015 |
double0seven: TRUTH! 1 Like |
Re: Bailout: Buhari Is Clueless, Lied About Empty Treasury – Economist by aresa: 3:04am On Jul 08, 2015 |
PHCN Privatisation: PDP Chief Warns against Erosion of Investors’ Confidence A PDP village clown and kabukabu economist that crippled and bankrupt nigerian where his benefactors paid workers salary with loans and borrowed funds is talking feeling funky with dumb, retardded and meaningless rants... What a dumb arsesss. 3 Likes |
Re: Bailout: Buhari Is Clueless, Lied About Empty Treasury – Economist by Chubhie: 5:20am On Jul 08, 2015 |
Prince081: Pa Buhari is a change messenger who forgot the change message on getting to Aso Rock. |
Re: Bailout: Buhari Is Clueless, Lied About Empty Treasury – Economist by HzRF(m): 6:50am On Jul 08, 2015 |
LoveMachine:Ur weed no be here |
Re: Bailout: Buhari Is Clueless, Lied About Empty Treasury – Economist by LoveMachine(m): 7:11am On Jul 08, 2015 |
HzRF: You lost me. |
Re: Bailout: Buhari Is Clueless, Lied About Empty Treasury – Economist by Nobody: 7:30am On Jul 08, 2015 |
This is a government that's still campaigning even after it has won election |
Re: Bailout: Buhari Is Clueless, Lied About Empty Treasury – Economist by wirinet(m): 7:33am On Jul 08, 2015 |
barcanista: Despite all your hate campaigns and campaigns of calumny Buhari still won the elections and would still win the next elections should he decide to run. If $2billion in ECA and $2billion from LNG funds is not emptry treasury, then TANoids, PDP and biafrans (kanu's terrorist faction) needs to go back to primary school. Note that the LNG funds was not paid into the treasury until Buhari issued a directive. How much did, their lord and saviour meet in the ECA and in the reserve when he took over? and how much did he earn in the almost 6 years he was president? Compared to what Jonathan met in the treasury, he left it virtually empty. Then most importantly, how much debt did he leave behind. 2 Likes |
Re: Bailout: Buhari Is Clueless, Lied About Empty Treasury – Economist by john124(m): 7:59am On Jul 08, 2015 |
LoveMachine:obaino sit down your theories arent helping i guess you just woke up from sl33p |
Re: Bailout: Buhari Is Clueless, Lied About Empty Treasury – Economist by Nobody: 8:21am On Jul 08, 2015 |
There we go again |
Re: Bailout: Buhari Is Clueless, Lied About Empty Treasury – Economist by texazzpete(m): 8:24am On Jul 08, 2015 |
All these click-bait headlines. I even thought this was an article from the Economist magazine and not this attack from a hungry economist, posted in a mushroom blog. Smh 1 Like |
Re: Bailout: Buhari Is Clueless, Lied About Empty Treasury – Economist by emorse(m): 9:14am On Jul 08, 2015 |
mykl01: Your love for GEJ or hate for PMB is obstructing logical judgement here. GEJ had amost six years of plenty but he messed up. PMB will not enjoy that same luxury. If he messes up, he and in fact the APC will not get a fifth year in office. Oil boom or not. This however does not require any fact bending. A treasury of N800b for a country as big as ours is almost empty. Period! |
Re: Bailout: Buhari Is Clueless, Lied About Empty Treasury – Economist by baralatie(m): 9:24am On Jul 08, 2015 |
emorse:Now this is how to twist and lie |
Re: Bailout: Buhari Is Clueless, Lied About Empty Treasury – Economist by aiynosainte(m): 9:58am On Jul 08, 2015 |
President Buhari and the #CHANGE should not just go back the drawing board they should Buy a new one #GejWhileYouWereAway #BabaGoSlow He is even breaking GEJ's record by sending Boko-haram to Anambra... |
Re: Bailout: Buhari Is Clueless, Lied About Empty Treasury – Economist by richidinho(m): 10:59am On Jul 08, 2015 |
double0seven: You came bk and met 2 branches of the company in two different locations + 45milliion Will you prefer to meet the same cash or company development + cash? Think brother think |
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