Keneking:
Even Stella and Maduekwe no reach here

Gbawe:


Thank you. Is it Buhari's fault Nigeria remains a mono-economy pathetically dependent on crude oil sales after PDP has led for 16 years? Is it the fault of the APC that the SME sector is moribund? These guys just open their mouth to talk irritatingly in senseless ways that show they are not objective at all and do not mean well for Nigeria.

DropShot:

And that's Buhari's fault?

It's his fault that our economy is oil dependent?

It's his fault that oil price has crashed?

It's his fault that Jonah couldn't build upon our foreign reserves?

It's Buhari's fault that Jonah failed to save despite unprecedented earnings?

Wailers lack capacity for critical reasoning.

krendo:


The average Nigerian can criticise the last government, Nigerians did not elect APC to spend the next 4 years blaming the last government.

APc were supposed to make "progress"

Where is Buhari's plan or roadmap to economic progress?

November 16, 2015 3:25 pm
Nigeria’s finance minister makes non-oil revenues top priority
Maggie Fick in Lagos



Nigeria’s new finance minister said raising non-oil revenues was her top priority, as the slump in oil prices continues to take its toll on Africa’s biggest crude exporter.
Kemi Adeosun, a 48-year-old British-born accountant, was sworn in last week by President Muhammadu Buhari nearly six months after the former military ruler took office — a delay that led some critics to complain of a policy vacuum in Africa’s larger economy.

She told the Financial Times that stricter enforcement of earnings collection from federal agencies and more diligent bookkeeping were the types of “micro” issues her ministry would focus on to mitigate the effects of crude prices that remain below $50 a barrel.
Her message chimes with what Mr Buhari told his new cabinet colleagues at a retreat before they were sworn in: pare down the costs of running government ministries through simple cost-saving measures such as cutting travel and the number of vehicles in convoys.
“Forget about oil — we don’t control the price of oil. That’s not where our problems lie,” Ms Adeosun said.
For years, Ms Adeosun explained, a mindset of “we have oil” meant Abuja had practically given up collecting the right amounts from other state bodies, as she rattled off a list of federal agencies she says had habitually under-reported their revenues. “Because of oil, we’ve ignored everything else,” she said.
She added that she had already begun “drilling down into the details” with ministry staff to assess how much “parastatals” — state-run or affiliated agencies — remit to the government.
She also praised the lack of pomp and circumstance at the ministerial swearing in ceremony, a sharp contrast to state ceremonies of past governments. “The programme was a piece of paper, that’s it,” she said.
Ms Adeosun was most recently finance commissioner of Ogun state, where she focused on improving fiscal oversight at state institutions. Before that she worked for Chapel Hill Denham, a Nigerian investment bank. Until her mid-30s she lived in London, where she worked for PwC in the global risk management department.

Ms Adeosun is not the first finance chief to note that a near exclusive focus on oil, which accounts for almost four-fifths of government revenues, had been poisonous for Nigeria.
Her predecessor, Ngozi Okonjo-Iweala, made a similar case at times during her tenure. But under the administration of President Goodluck Jonathan, weak oversight of oil revenues deprived the state coffers of many billions of dollars a year.
“I don’t want to say we’ve been indisciplined,” Ms Adeosun said. “But I’d say, when you have the money, you can be extravagant, flying first class instead of business [class], business instead of economy” — an acknowledgment that Nigeria’s finances are now much more precarious.
Referring to criticism from parts of Nigeria’s business community that she has considerably less experience than Ms Okonjo-Iweala, a former World Bank managing director, Ms Adeosun said her accounting background meant she had the skills to get her country’s financial house in order.
“In Nigeria we always talk about the macro issues, we always start from way up high. But we don’t pay attention to the micro ones. That’s now my job,” she said.
Mr Buhari has changed the way responsibilities are divvied up among the economic team in his cabinet. He removed the budget file from the finance ministry and gave it to the planning ministry, where he has appointed Udo Udoma, a former senator, as minister of budget and national planning.
Mr Udoma, who left his job as chairman of one of Nigeria’s largest manufacturing companies to take up the position, is joined by Okey Enelemah, the new trade, investment and industry minister. Mr Enelemah is the founder of African Capital Alliance, a Lagos-based private equity firm.

Gbawe:


You guys never fail to amuse me with your pathetic and unintelligent excuses that you think hides the glaring fact that you do not mean well for Nigeria and Buhari. Did the depreciation of Naira start under Buhari ? Stop coming here to embarrass yourself daily. you're not fooling anyone and it is crystal clear you and your ilk desperately want Buhari to fail. The article below is from 2014 when your lord and messiah , who you never criticised over the falling Naira, was President. Shame on you enemies of progress. Nigeria needs no external enemies with 'citizens' like you. Majority of the current woes Buhari is valiantly tackling began began under the PDP and the very corrupt and highly inept GEJ you worship. Not the comments of intelligent economist and analysts, who do this for a living, below while you and your kind continue to come here with your half-baked arguments motivated by nothing but your hatred of others. remind us again who failed to save when oil prices were high as highlighted in the article below if not your thieving messiah GEJ and his looting minions.Tell us as well who turned the power privatisation into a "come and chop" crony capitalism exercise that is only producing darkness. You guys are very shameless.

http://www.wsj.com/articles/nigerias-tumbling-currency-a-victim-of-falling-oil-prices-1417535209

vedaxcool:


$2.1B

viviangist2:
President Buhari with Kemi Adeosun, Okechukwu Enemalah and Crown Prince of UAE, Sheikh Mohammed Bin Al Nah Yan witnessing the signing of bilateral agreements by Ministers of Trade, Finance and Justice in Abu Dhabi on 19th Jan 2016 , Photos below.

Report From http://www.viviangist.com/buhari-with-kemi-adeosun-okechukwu-enemalah-sign-nigeria-uae-landmark-deal-photos

Cc; lalasticlala , mynd44

Duru1:
What the hell zoo called Nigeria will gain from UAE? Why are these fools in Nigeria like to run second fiddle to any fool who is a Muslim? UAE is a certified consumer country just like the cesspit called Nigeria. It really sucks to be Nigeria.

vedaxcool:
Wailers association abeg food is not ready I repeat food is not ready avoid this thread with extreme prejudice.

vedaxcool:


$2.1B

Sunnybobo3:


How can I want an already failed man to fail?

Did he nor promise to stabilise oil price?

DropShot:

And that's Buhari's fault?

It's his fault that our economy is oil dependent?

It's his fault that oil price has crashed?

It's his fault that Jonah couldn't build upon our foreign reserves?

It's Buhari's fault that Jonah failed to save despite unprecedented earnings?

Wailers lack capacity for critical reasoning.

DropShot:
It's pictures like these that make wailers lose their common sense.

While PMB and his team are busy clearing the mess of Jonah and his goats that ate our yams, wailers and IPODs are busy wailing and protesting.

While patriotic citizens see light at the end of the tunnel, wailers and IPODs pray for complete collapse of the economy in the faint hope their silly support for continuation of lootocracy will be justified.

Read my lip: Buhari and his team will succeed beyond our expectations. Nigeria shall emerge from the current challenges brought about by past looters disguised as leaders.

KakiP:
For those asking why he travelled, this is your reponse... Aunty Kemi, I'm single.

DropShot:

And that's Buhari's fault?

It's his fault that our economy is oil dependent?

It's his fault that oil price has crashed?

It's his fault that Jonah couldn't build upon our foreign reserves?

It's Buhari's fault that Jonah failed to save despite unprecedented earnings?

Wailers lack capacity for critical reasoning.

Sunnybobo3:


£1=N410.

mapet:


Apart from the fact that Aunty Kemi is married, she's in her 50s Bro

LastProphet:


If you went to school and not into selling inferior wares at Alaba you would have known that your PHD holder was a morrooon to assume that withdrawing from the foreign reserve and SPENDING IT LOCALLY would 'IMPROVE' the value of the naira!

Main problem of Ibos is poor education and natural shortsightedness

greatseed:
your statement shows u were born into a generation of failure!!! its a pity...sory, ur nxt life might be better off! dats if u'll have a 2nd chance....smh!

kings09:
It's nt abt d wailers dis time around I must. Buhari n his team shld get down 2 wrk n give ppl d beta life they v promised. Time 4 pics r passed n all diz trade signing they keep doing won't hlp 4 nw. Thr shld be short-term dividends while we wait 4 d long-term 1s. And quit dis Jona blame thingy, it's getting boring. By d way, am a neutral n I wnt live a beta life. Also tel buhari 2 reverse dis #50naira stamp duty policy. Hw come policies concerning poor Nigerians r quickly suggested n implemented while public office holders r nt tinkin of reducing their bogus pay?