DaBullIT:
See erdyots talking trash

Some even bold enough to say GEJ left it stable and better


Even USA as a world economy and world power would feel it if someone embezzles $2.1B


How would Buhari stabilize the economy if all the monies that's supposed to generate interest and Value has been looted ?

DaBullIT:
See erdyots talking trash

Some even bold enough to say GEJ left it stable and better


Even USA as a world economy and world power would feel it if someone embezzles $2.1B


How would Buhari stabilize the economy if all the monies that's supposed to generate interest and Value has been looted ?

kahal29:
We are behaving as if we don't know the cause. The simple cause is that Nigerian economy is almost 90% dependent on oil sales. Now that oil has crashed from above $100 plus down to $34. And again nobody is buying the oil anymore. Our biggest buyer the United States is even exporting crude now. Our local productive capacity for export is almost at zero level because no power supply. So where do you get the money. There are no infrastructures on ground to provide enabling environment for people to productively engage in a small and medium scale economic activities and thrive on their own without depending on govt for survival. Everybody want to receive salary every month but where is the money now?

Now there is no money to meet the recurrent expenditures budgetary segment let alone capital expenditures. All the trillions made in the past from oil sales have been looted and mismanaged. We shall all pay the price.

- Fr Mbaka

new2020:
Like play like play, naira to dollar will be 500 naira. GEJ inherited dollar at 165 naira, he left it at 210 naira over the course of 5 yrs...very reasonable. However under Buhari barely 6 months in office, it has gone from 210 to 305 naira within just 6 months...this is disastrous and an invitation to economic depression. You can pretend all is well because your party is in power, turn bind eye to every indication of possible economic depression. This country will be run into anarchy in a matter months....oil revenue is down by 150% , naira losing its value immensely, importers and traders cannot find dollars, multinationals are folding up, unemployment is high, food costs have quadrupled, tension in the country...Shia, Biazfra, e.t.c. I'm not saying these indicators are faults of this government....no not my point, my point is these are indicators of imminent anarchy. YOU CAN PRETEND AS MUCH AS YOU WANT.

tartar9:

stop acting like you dont know the cause.don't also forget oil was $110 during gej's clueless administration.we won't be suffering now if he prepared for such scenerio.

tartar9:

stop acting like you dont know the cause.don't also forget oil was $110 during gej's clueless administration.we won't be suffering now if he prepared for such scenerio.

kahal29:
We are behaving as if we don't know the cause. The simple cause is that Nigerian economy is almost 90% dependent on oil sales. Now that oil has crashed from above $100 plus down to $34. And again nobody is buying the oil anymore. Our biggest buyer the United States is even exporting crude now. Our local productive capacity for export is almost at zero level because no power supply. So where do you get the money. There are no infrastructures on ground to provide enabling environment for people to productively engage in a small and medium scale economic activities and thrive on their own without depending on govt for survival. Everybody want to receive salary every month but where is the money now?

Now there is no money to meet the recurrent expenditures budgetary segment let alone capital expenditures. All the trillions made in the past from oil sales have been looted and mismanaged. We shall all pay the price.

- Fr Mbaka

DaBullIT:
See erdyots talking trash
Some even bold enough to say GEJ left it stable and better
Even USA as a world economy and world power would feel it if someone embezzles $2.1B
How would Buhari stabilize the economy if all the monies that's supposed to generate interest and Value has been looted ?

tartar9:

stop acting like you dont know the cause.don't also forget oil was $110 during gej's clueless administration.we won't be suffering now if he prepared for such scenerio.

Xapio:
shut up..where were you when Amechi and his co criminals that called themselves governors were fighting GEJ to share the money saved for a day like this? You guys hypocrisy stinks

new2020:

Another shameless slave from the SW. GEJ is the only administration you haters from the waste like to focus on. Have you asked about the $10 billion windfall that disappeared under IBB, The missing suitcases under Buhari regime, the $billions of misappropriated under Abacha, Abdulsalami, OBJ? Where were you on Monday when Swiz bank returned over $300 million more of Abacha loot? Swine. Why the focus on only GEJ...oh he is from SS and maybe Igbo...surrounded himself with Igbos? Wasn't oil price under Obj and Yaradua $65 - $98? If you are a student of economics you will know that there isn't much difference between $10 oil price in the 90s and $100 in the 2000s in comparative value when you factor inflation. How much was a brand new car in the 90s...300,000 naira? Can you buy a brand new car today or 10 yrs for under 2million naira? How strong was naira to dollar in the 90s? When oil price was $10 in the early 90s, you could go to market and buy a day worth of food with 50 kobo? Can you buy a day worth of food today with 10,000 naira?[/b]Bloody tribalistic hypocrites...you hate GEJ because he is from the SS and most of you even call him Igbo...Wicked mofos!

iamkeyz:
thats what you get when venza lambo bugatti aston martin ferrari rollsroyce cardilac etc gives all their best features to a wolfswagen bettle of 1984
cant still understand why vibrant youths who are graduates and some undergratuates went out there and voted in some one who did not pass SSCE
can an hausa man run an economy? the answer is yes but only in the downward direction though.........................
enjoy your change people, you asked for it
for my type that does not even have the PVC congrats we will win
for those like me who pray for the zoo to die, our prayers are working, keep praying
the zoo must fall i tell you
EZIOLWU CHINEKE

iamkeyz:
thats what you get when venza lambo bugatti aston martin ferrari rollsroyce cardilac etc gives all their best features to a wolfswagen bettle of 1984
cant still understand why vibrant youths who are graduates and some undergratuates went out there and voted in some one who did not pass SSCE
can an hausa man run an economy? the answer is yes but only in the downward direction though.........................
enjoy your change people, you asked for it
for my type that does not even have the PVC congrats we will win
for those like me who pray for the zoo to die, our prayers are working, keep praying
the zoo must fall i tell you
EZIOLWU CHINEKE

Confusionist:
even if common sense is not common, u can always upgrade on Google play store or simply present u got one.

the excess crude oil cash is an excess after every dime has been constitutional saved. and hey, it didn't start in GEJ's era. the reason is for the states to develop themselves with a free cash.

we all know the PDP dnt give a fucck how the cash was spent because it never goes into record of the state govt. and as foolish as ur GEJ was, he didn't care to knw what the cash was used for.

I dnt blame the govnrs who didn't want frog eye NOI and GEJ to help them save it... money dey disappear for coffers. maybe na hellgate we go deyvtag now and not Dasukigate.