Proudlyngwa:

That will lead us into partisan politics which am trying to avoid on this thread. Moreover what banks sell is different from from what we hear on the parallel to market

Proudlyngwa:


Those references did not highlight anything on why the were quoted

luvinhubby:

Then please do not paste what you are not prepared to defend on this discourse, after all politics is part of our everyday life.

luvinhubby:


Did you read them at all?

vega84:
Who hates him? I doubt if we hav that time ,all we are saying is jst let us go finish! Nobody is interested in hating that a.boki! Meanwhile i fail to understand why a childs rapist ,with no waec will ever be a president of any country that wish to succed.#vegatalks

Proudlyngwa:


You are right but I did not say politics I said partisan politics.
While we are it, we all know about the dollarizaction of the last election from the two major players, its the reverse effect we are feeling now.

luvinhubby:

Those dollars were converted to naira before it fulfilled it's local purose & moreover, elections ended over 9 months ago so what else.

Proudlyngwa:


Again and again
Maybe you can recheck the links and the relevance to why the were quoted

Proudlyngwa:


Agreed that it's nine months but don't forget that the naira was devalued during the last administration towards the elections in the guise of making the market favourable for investors with dollars, and also for emptying our dollar vault for easier distribution, these things will certainly be reversed but it takes time

http://saharareporters.com/2015/03/27/dollarization-nigerian-economy-femi-falana

luvinhubby:


In summary, the first link highlighted IMF's forecast of crude selling at $20 next year and the second link highlighted Standard Chartered removing Nigeria from it's bond index due to CBN's policy after JP Morgan had done so earlier or do you need links also of where our govt intends to borrow N1.84trillion next to finance it's budget deficit and you are there preaching better things ahead for Nigeria, i pray to God it does, but the outlook is grim my friend, very grim indeed.

realjoker:
so are these enough reason to hate him this much, because there is no correlation between all these your reasons with the hatred. Jonathan could not deliver 10% of his electoral promises but still yet your people call him their hero(understatement)

Enahi:
@op you are very wrong, it doesn't have anything to do with i gbos. I am based in Lagos, you need to come see the way people have been insulting Buhari especially car owners and transporters.

Buhari deserves all the insults and he will get more if he is not careful.

Proudlyngwa:


I saw the first link and I understand it, the second link doesn't seem to have that reference.
Let's hope the results of the borrowing justifies it, but we are all in this together and that is why we are diversifying, and I just wanted hired ten plots for cassava cultivation

luvinhubby:

And that same dollar sold for N202 to $1 immediately after the elections, or have you forgotten, how do explain that.
It skyrocket after FDIs stopped bringing funds into Nigeria and foreign investors started withdrawing funds from our stock market due to lack of economic policy direction and a non-existent medium and long term economic frame work.

Proudlyngwa:


1.The fuel scarcity issue of is regrettable as the coordinating minister of petroleum we need to hear more about from the president, and that I agree.
2.The dollar amount versus naira can't be faulted on this administration.
3. Price of food skyrockets every festive season.
4. Traveling is necessary
5.INEC is an independent organisation and only two elections have been inconclusive of which are the reasons are not so bad

luvinhubby:

The diversification is even under threat as the only available option to Nigeria now is agricultural industrialization but pitifully, this govt does not want build on the foundation laid by GEJ through Adeshina in the Agric. sector out of shame and pride having condemned and criticized it as a fallacy during the elections.
If i may ask you, what is Buhari's agricultural change agenda, does he intend to start from where GEJ stopped or does he intend to start his own if so what?

Proudlyngwa:


Currently a dollar is 198 naira, and the main stay of our economy is crude oil and most investors are in that sector, currently that sector is not profitable world wide

Proudlyngwa:


During my next off, I will put up a topic on that, right now I think it's too early to say the diversification is under threat as there are no indications to that.

Lordwize:

1. I'm not comfortable with INEC chairman coming from the same place with Mr. President.
2. Food was not expensive during last year Xmas.

luvinhubby:


Oga i meant the parallel market sold for N202 after the elections and not CBN rate.

luvinhubby:

Will advise you to put up a thread to discus how Nigeria can work, this bogus nonsense called a nation is too superficial and cannot function effectively this way.

Proudlyngwa:


Nigeria can work through diversification, and certainly is not a bogus nonsense.
Even though I work in the oil industry, I have always prayed for its collapse

Proudlyngwa:



I said outside the 97% / 5% miscalculation. Moreover the ministerial positions favours us and you don't expect those who stood by him not to to be rewarded more by him.

Proudlyngwa:


You might be saying the truth.,
That doesn't explain why he is being insulted

Lordwize:

People hate and abuse GEJ more than this, wait till next year, if he continue like this, you will know that what you are seeing now is child's play.
He is winning the war on boko haram and that is a very good one.

luvinhubby:

Unless your oil industry is somewhere in Trinidad & Tobago that may explain why you hold this opinion.
If i may ask you, why was the majority of the so-called progressives in the ruling APC today calling for true fiscal federalism before they became the ruling part? Please answer this question ASAP.

Thanks

Enahi:
@op you are very wrong, it doesn't have anything to do with i gbos. I am based in Lagos, you need to come see the way people have been insulting Buhari especially car owners and transporters.

Buhari deserves all the insults and he will get more if he is not careful.

Imagine

How can a sensible and a well educated person blame Igbos for all the hate against Buhari?

'I'm Igbo, my people hate Buhari but it's not good. We should get over the 2015 presidential election bla bla bla bla bla'. Nonsense!
Na only Igbos hate Buhari?
Have you seen other people coming out to claim too intelligent and detribalised by telling their ethnic groups to tone down the hatred for buhari?

What is even wrong in hating someone you don't love? No be say the person even like you.

Proudlyngwa:


The oil industry raised the benchmark for a lot of things
A lot of industries were ignored, people who could get jobs as teachers rather waited to be roustabouts. There are a lot of things I have seen in the oil industry that bleeds my heart. to me it has far outlived it's usefulness not because it has become useless but because it favours a thousand out of a million. The lead in ebonyi is not properly tapped, and so is bitumen, sugar, starch, snail and many more.
Don't forget this discourse is on why do people hate President Buhari

luvinhubby:

And that same dollar sold for N202 to $1 immediately after the elections, or have you forgotten, how do explain that.
It skyrocket after FDIs stopped bringing funds into Nigeria and foreign investors started withdrawing funds from our stock market due to lack of economic policy direction and a non-existent medium and long term economic frame work.