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Nairaland Forum / Nairaland / General / Politics / Buharinomics Is Working Despite The Initial Pains (19170 Views)
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Re: Buharinomics Is Working Despite The Initial Pains by Nobody: 10:08am On Feb 19, 2016 |
EastanPower: God bless you, the only problem with banning stuff is we will have WTO and IMF to contend with. |
Re: Buharinomics Is Working Despite The Initial Pains by realborn(m): 10:09am On Feb 19, 2016 |
Hmmm |
Re: Buharinomics Is Working Despite The Initial Pains by ISpiksDaTroof: 10:09am On Feb 19, 2016 |
Seun:So, the above mentioned economies crumbled because imports were stifled? You're either averse to the truth or pretending you know more than you actually do. 2 Likes 1 Share |
Re: Buharinomics Is Working Despite The Initial Pains by ISpiksDaTroof: 10:11am On Feb 19, 2016 |
IyaIode:Thank you! Most of them just come on here pretending like they know what they're talking about. 1 Like 2 Shares |
Re: Buharinomics Is Working Despite The Initial Pains by EastanPower(m): 10:12am On Feb 19, 2016 |
IyaIode: IMf should go to hell, I don't think they care about us. |
Re: Buharinomics Is Working Despite The Initial Pains by arewafederation: 10:12am On Feb 19, 2016 |
Reyginus:It's not. It's the effects of the exchange rate policy. |
Re: Buharinomics Is Working Despite The Initial Pains by Ebukaobi: 10:13am On Feb 19, 2016 |
Seun: False Greece is going through economic crises partly because it does not have control of its monetary policy and therefore cannot devalue its currency. It's part of the Euro and it is managed by the ECB. Greece would have performed better if it had its own currency and devalued it. They are export oriented 3 Likes 1 Share |
Re: Buharinomics Is Working Despite The Initial Pains by Caseless: 10:34am On Feb 19, 2016 |
I love this... |
Re: Buharinomics Is Working Despite The Initial Pains by MyMouth(m): 10:39am On Feb 19, 2016 |
IyaIode:with the way things are going, very soon most Nigerian businessman and women would go into export business, na to fine one product for this country begin export oo! na him sure pass! imported products are too expensive now! back to naija made joor! 2 Likes 1 Share |
Re: Buharinomics Is Working Despite The Initial Pains by Ecoterrorism(f): 10:43am On Feb 19, 2016 |
IyaIode:we are in deep poo in both ways but devaluation will be the best option in the long run because the same things you listed will still happen before June if we don't devalue. We can devalue at 250 and tighten our borders to avoid drastic importation then govt needs to look for how to increase our agriculture output because that's where the common man will feel the bite more. Govt has to subsidise petrol to cushion the effects of devaluation 1 Like 1 Share |
Re: Buharinomics Is Working Despite The Initial Pains by Nobody: 10:44am On Feb 19, 2016 |
maclatunji:[size=15pt]^ This is a classic case of massive self-delusion .[/size] 12 Likes 1 Share |
Re: Buharinomics Is Working Despite The Initial Pains by Omenkata: 11:12am On Feb 19, 2016 |
Seun:because Nigeria is being governed by the most useless incompetent hopeless president ever. the illiterate from Daura that only knows how the meals of his private jet tastes because as a useless old hag cattle rearing bastard vagabond he is, he prefers junketing around the world showing the world his useless old face than sticking his nyanch in Nigeria and deliver the dividend of democracy. a man with a charlatan like lair Muhammed as a minister is doomed to fail no amount of propaganda will save his useless self. shame to the worst president ever since the rise of civilization and democracy 6 Likes 1 Share
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Re: Buharinomics Is Working Despite The Initial Pains by Nobody: 11:17am On Feb 19, 2016 |
arewafederation:What's this exchange rate policy? |
Re: Buharinomics Is Working Despite The Initial Pains by Osama10(m): 11:22am On Feb 19, 2016 |
Alxmyr: 3 Likes 1 Share |
Re: Buharinomics Is Working Despite The Initial Pains by kvngveektour(m): 11:22am On Feb 19, 2016 |
Seun: It worked in those countries cos there was no hidden agenda 1 Like 1 Share |
Re: Buharinomics Is Working Despite The Initial Pains by banio: 11:26am On Feb 19, 2016 |
Things are really expensive 1 Like 1 Share |
Re: Buharinomics Is Working Despite The Initial Pains by Nobody: 11:26am On Feb 19, 2016 |
I dey tell u |
Re: Buharinomics Is Working Despite The Initial Pains by tiwiex(m): 11:27am On Feb 19, 2016 |
drss: And disadvantaged states in the senate will approve it? Hmmmm. Governance no be Nairaland oh. 2 Likes |
Re: Buharinomics Is Working Despite The Initial Pains by omolola15(m): 11:29am On Feb 19, 2016 |
Seun: It can work in Nigeria but the patience to achieve it is the problem. We need leaders that are ready to put Nigeria first. Not their pockets. And I'm telling you, getting those kinds of politicians these days will be very hard. Also please do something about this your autospam bot. I was answering some questions in the computer section and the bot banned me for no reason. |
Re: Buharinomics Is Working Despite The Initial Pains by Princecharming01(m): 11:32am On Feb 19, 2016 |
[quote author=drss post=43058359]make una prepare o! very soon milk n bread go scarce cos buari dullard does not know economics. d only tin he understand is corruption. If i was in buari's shoes, dis is wat i for don do: [b]- as soon as am sworn in, i will appoint minister of finance n constitute an economic team on 5th june 2015 to fomulate economic policies to drive d economy out of oil. i will make sure my economic team through budget office prepare 2016 national budget by september for presentation in october 2015. - i will prevail on national assembly to pass national budget before christmas break on dec 2015. - on june 20th 2015, i will devalue d naira n send suplimentary budget bill of N700 billion to national assembly for approval. dis monies will be use to support strategic industries like automobiles to help boost their production capacity for local consumption n export. i will partner with china to help develop our local content on manufacturing. d supplimentary budget will serve as an emergency budget to pave d way for export led economy. parts of d monies will also be used to help fix power infrastructure. - i will invest massively in agricultural mechanization. infact agriculture will get d lion share of N700 billion in my 2016 budget. If i were buari, i will improve d youwin program n support young pipul who have passion for farming. special grants will be given to poultry farmers instead of d so call N5,000 to d poor nonsense. - i will begin massive infrastructual development of roads n bridges n prepare a contract for d construction of 2 sea ports in south east n south south. container ports will also be established in north east for export of agricultural produce. - i will downsize d federal civil service. - i will abolish govt sponsorship of pilgrimage. make everbody hussle for him religious duties. - i will send a bill for final implementation of true federalism where every state will be responsible for demsleves. d states will have total conrol to their resources n develop their solid minerals within their domain. afta which i will abolish federation account. no more feeding bottle. - finally i will bail out all d states of d federation to enable dem develop their economic resources according to ther comperative advantage. each state will be responsible for generating their revenue. afta which all d states will be left on their own. [/b] dis is wat i will do if i were buari.[/good vision but better said than done in nigerian political clime] |
Re: Buharinomics Is Working Despite The Initial Pains by Nobody: 11:33am On Feb 19, 2016 |
Omenkata: [size=14pt]Such bitterness.[/size] He has not even spent a year. Yes there is bad economy now, is he the one controlling the global price of oil that Nigeria is solely depending on and that is causing the wreck in our economy? 3 Likes |
Re: Buharinomics Is Working Despite The Initial Pains by doctokwus: 11:34am On Feb 19, 2016 |
ISpiksDaTroof:I think it's both. Many in this forum just take a position from their biased view and stick to it. The basic point people are missing is that with our mono product economy,u wudnt stop devaluing. If cbn devalues the currency to say N350,because the cbn cannot meet all currency needs, the blackmarket wud still be there and the naira there wud be N500-N600! Yes, the cbn monetary policy can be better,but there wud never be an end to devaluation as long as we are an import dependent nation. It's quite obvious from d pson u quoted that owing a forum does not necessarily equate to sufficient grasp of issues. 1 Like |
Re: Buharinomics Is Working Despite The Initial Pains by hucienda: 11:34am On Feb 19, 2016 |
Seun: lols... bad ass... I see what you did there 3 Likes 1 Share |
Re: Buharinomics Is Working Despite The Initial Pains by snailspeed: 11:38am On Feb 19, 2016 |
Seun: Hahahaha hahahaha! Seeeeuuuuun ooooohhhhhh! You wan tear person belle this early morning!!! I still dey roll for floor |
Re: Buharinomics Is Working Despite The Initial Pains by alexlee50: 11:41am On Feb 19, 2016 |
Is the writer of this article in nigeria? Has the present reality of the economy not dawned on him? Which goods are now being produced in Nigeria which were formerly imported? Is the president eating abakaliki, zamfara or kebbi rice now? When this administration commenced, did the new customs boss not open the borders for impoters to dump rice from all parts of the world to Nigeria? Have the infastructures necessary to aid manufacturers in place? What has changed since may last year? 1 Like 1 Share |
Re: Buharinomics Is Working Despite The Initial Pains by fyneguy: 11:42am On Feb 19, 2016 |
Alxmyr: AMEN for me! |
Re: Buharinomics Is Working Despite The Initial Pains by nortcentrallord(m): 11:45am On Feb 19, 2016 |
When will this face saving propaganda end? How much were you paid to close your eyes to the truth? Wasn't this what BMB asserted and people like you bashed him for saying the truth? Nass did a good job on the budget or pdp senators did a good job in exposing the Rubbish that was presented to enable election funds repaid? I wonder how some people reason. In you and your lots voice, "bubu is working" and may he work you and your likes to your end. Amen. 2 Likes |
Re: Buharinomics Is Working Despite The Initial Pains by efilefun(m): 11:47am On Feb 19, 2016 |
IyaIode:God bless you, I was in India some years back and noticed the only foreign phone popular in the market is IPhone and they even have iPhone India. Their cars, bikes and auto rickshaw (keke napep) was produced in the country. Imagine nigeria importing toothpick that's a national disgrace |
Re: Buharinomics Is Working Despite The Initial Pains by paschu: 11:47am On Feb 19, 2016 |
Seun: What exactly worked in those places. I really want to know. And how exactly is the current administration applying it? And what are the proofs that the corelations you might be hinting on were the actual causations of the results you talk about? YOUR SARCASM IS CLASSIC THOUGH. 1 Like |
Re: Buharinomics Is Working Despite The Initial Pains by Ecoterrorism(f): 11:48am On Feb 19, 2016 |
IyaIode:you sound more intelligent on economic matters than Seen. Keep it up. Its just your tribalism that is destroying you |
Re: Buharinomics Is Working Despite The Initial Pains by efilefun(m): 11:49am On Feb 19, 2016 |
Omenkata:Even if seun decides to ignore all the insults on this post am sure oga mynd44 or ishilove still remembers the rules on this forum 1 Like |
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