pasol4real:

You are way wrong .
The fact that à President is incorruptible cannot subtitute good policies especially in the financial sector.
A particular President from zambia was known for his stance against corruption but he ended up becoming the worst President in the country's history because he destroyed the economy.
God forbid,but the way bubu is going he might just end up like that.

Kastonkastroll:
The writer of this junk is a fool. How can this fool blame buhari for the ineptitude of the past administration? Some of these so-called journalists don't deserve to be address as journalists.

And what did the so-called "experience" okonjo achieve as the finance minister under Jonathan? Aside from destroying our economy and lying to gullible Nigerians that they are the biggest economy in Africa, what has madam NOI achieve or what positive thing has she impacted on our already damaged economy?

Kemi will be 1000 times better than that madam NOI who joined forces with diezani/Jonathan to steal our $20billion....

Saturn213:


Lalasticlala

Seun

Why is this poster getting away with abusing Nairalanders? This is the 15th time I am reporting this poster

grandstar:


This is when you buy foreign exchange at the official rate for the sole purpose of selling it at the parrellel market.

This is prevalent when the difference between the 2 raters are high.

For instance, the official rate is 197 and the parallel rate is 225. Well connected insiders will simply buy at the official rate and sell at the other rate. This creates a privilege class of buyers.

For instance, if you use your naira debit card to buy something online, the banks charge you at the parallel rate i.e $100 for 22,500. If you return the product the bank pays you at the official rate i.e.$100 -19,700.

Kastonkastroll:
The writer of this junk is a fool. How can this fool blame buhari for the ineptitude of the past administration? Some of these so-called journalists don't deserve to be address as journalists.

And what did the so-called "experience" okonjo achieve as the finance minister under Jonathan? Aside from destroying our economy and lying to gullible Nigerians that they are the biggest economy in Africa, what has madam NOI achieve or what positive thing has she impacted on our already damaged economy?

Kemi will be 1000 times better than that madam NOI who joined forces with diezani/Jonathan to steal our $20billion....

flyingsnail:
Green horn

guntranno:
Just a quick one, I wanna believe that a prsn who's an expert today started his/her career as an amateur. Where were the likes of Nadal and Novak whn the likes of Pitt Sampras and Andre Agasi were making it in tennis world? There was a time when Alli Baba was all we knw wrt comedy in 9ja, now we have the likes of basket mouth, Apos, Omo Baba.... In football, the likes of Okocha, Obafemi Martins, King Kanu started as amateur footballers b4 the became professionals.

NOI is an heavyweight while Kemi might be a fin/fly/bantam or featherweighter buh all I know is one day the egg would be hatched to become a hen.

Btw, out of curiosity, I'd like to know why Obasanjo SACKED NOI during his tenure.

politricks:
These people should let me hear word. What did NOI the 'political heavyweight' and 'experienced' woman did to our economy except blowing grammar and dishing out statistical lies from God knows where. NOI made us think our economy is like barcelona when in actual sense it's like Chelsea all in a bid to give the impression that we are doing fine while carting away our money. Only a fool tries the same thing everytime and expects different result. Let us give this woman a chance oun no o ni fe te.

rugged7:
Steal which "YOUR" billions
THe money belongs to the niger-delta people, not you...
Nonsense

koning:




Obj did not sack NOI. She resigned because OBJ was overbearing. Would not let her perform her duties without undue interference.
Same Obj recommended her to Jonathan.

guntranno:


No argument sir but try read up these:

[s]thenewsnigeria.com.ng/2015/05/okonjo-iweala-the-failed-minister/[/[/s]b]

[s][b]thenationonlineng.net/soludo-okonjo-iweala-tell-nigerians-obasanjo-sacked-finance-minister/

[/s]I'm no expert in the field of finance.....

simplycarro:
You want me to flog you today again?

simplycarro:
Good. We should wish the Ministers well, their success is Nigeria's success and for Nigerians.

voltron:


easy.. by any available well-researched plans and antecedents he possesses before taking up the position.. let us just say he is going to have to think-up a structure pretty quickly given the state of the economy and the expectations of its citizenry. This is not the time for 8-year Plans that take 16 years to begin to manifest.. there are hundreds of proven models that have worked in similar economies and situations that he can learn from and adapt where necessary.. the era of reinventing the tooth-pick is over (it seems)

samobaba:
THE WOMAN WILL SO SURPRISE ALL YOU DOUBTING THOMAS'S. THIS WOMAN IS WORKAHOLIC, A CHRISTIAN, SOMEONE WITH VERY HIGH INTEGRITY, AND IF YOU HAVE SEEN HER THESIS ON SMALL SCALE BUSINESS DEVELOPMENT IN NIGERIA, YOU WILL BELIEVE THERE IS NO OTHER BETTER PERSON IN THIS PRESENT ECONOMICS GRIDLOCK OTHER THAN MRS. ADEOSUN TO TAKE NIGERIA FINANCES OUT OF THIS PRESENT SITUATION THE SO CALLED HEAVY WEIGHT AND POLITICALLY CONNECTED NOI PUT NIGERIA. ASK OGUN STATE HOW THIS WOMAN IMPROVE OGUN STATE MONTHLY REVENUE FROM N750 MILLION TO N6 BILLION PER MONTH.


INDEED SHE IS A ROUND PEG IN A ROUND HOLE.

Decryptor:


And after doing all these things you accused her of, some international bodies and Organizations still doled her awards in recognition of the "statistical lies"...your stupiidity and that of the hediots who liked your fooolish comment are overwhelming!

And talking about your Kermit Adeosun who was the former Commissioner for Finance....this picture below shows the last 3 worst states whose monthly incomes are unable to meet up with the monthly wage bill. In other words, states that are unable to pay their salaries without having to borrow. The one circled in red which is the 3rd worst is where NOI was commissioner for finance isn't it? Iberibe bu oria!

dumodust:


From all you've listed, I see no clear reason why this woman is finance minister... i had my reservations too because we're in a hell of a mess and this is not a time for experiments like this that hand over economies to neophytes... workaholic, christian, high integrity, written thesis as reasons are lame, means any phd student can just take over too

Kastonkastroll:
The writer of this junk is a fool. How can this fool blame buhari for the ineptitude of the past administration? Some of these so-called journalists don't deserve to be address as journalists.

And what did the so-called "experience" okonjo achieve as the finance minister under Jonathan? Aside from destroying our economy and lying to gullible Nigerians that they are the biggest economy in Africa, what has madam NOI achieve or what positive thing has she impacted on our already damaged economy?

Kemi will be 1000 times better than that madam NOI who joined forces with diezani/Jonathan to steal our $20billion....

grandstar:
Frankly speaking, I don't think this government has anything to offer economy wise. It is instinctively anti-market and does nopt take any cues from market signals.

The foreign exchange controls are already having devastating effects on the manufacturing and commercial sectors. This has led to a motre than 10% disparity between the official and parallel market. It should never be more than 3% or you encourage round tripping as its happening now.

Banning 40 products from the forex market was an extremely amateurish attempt to preserve foreign exchange.

The best way of managing forex is by liberalizing and deregulating the forex market.

If the demand for imports is quite strong, your currency loses value and makes imports more expensive and less affordable.

As your currency weakens,it makes your exports more competitive encouraging exporters to sell more and earn foreign exchange. It counterbalances

Buhari won't last more than a term. These businessmen are not smiling. In 2019, they will come to settle scores.

Gbawe:


I agree with you. The main thing Ministers need is the ability to provide solutions innovatively allied with the bravery and uncompromising resolve to implement these solutions. The character, integrity, political will and 'body language' of the President of the day matters immensely also. GEJ was an innately weak, unprincipled, compromised and dishonest man who gave every Minister the impression they too could/should be crooked and indolent. Those who were not thieves by character and had the initial will to serve Nigeria quickly began taking part in the free-for-all looting because everyone was doing it and Mr.President, his wife and affiliates were also helping themselves copiously.

Under that system even like NOI became a lying mouthpiece given to deceiving the world with crap like "Nigeria is now Africa's biggest economy after GDP rebasing" along with hogwash about "economic robustness" and "good economic health" when some of us argued that she was lying given simple indices like dwindling allocation to States and borrowing $1 billion to fight boko haram when Nigeria had disbursed over $12 billion for the same purpose in the past without needing to borrow.

All in all, a talented novice can perform wonders under a president like Buhari whereas under GEJ the most brilliant "heavyweight" , with the biggest reputation, could become an unconscionable crook, like Allison_madueke, who will loot Nigeria mercilessly to impoverish many and destroy the future of millions.

chrisbaba1:
[size=13pt]I am a staunch supporter of APC and an Ogun son, Kemi Adeosun is totally unfit for that position, anyone who follows Ogun holistically will know she is merely a political selection nominated by the state governor, nothing else. And it saddens me because the position she holds will make or break this tenure. The people living in Ogun state can attest to the economic woes of the state, it is non contestable, non of her "economic plans" worked, so if she couldn't help the state, how will she help the country? Productivity is what we need backed up by a productive antecedent, not british english.[/size]

Ibebe:
What did NOI do with our economy but ruined it.

the fat pig cowardly ran away when Buhari won the election.