TheGoodJoe:


There was a windfall of dollars during GEJ's reign which would have been the best time of Nigeria's growth. Instead, we recorded the worst times in the country. Even Gen. Abacha performed better than these people.

TheGoodJoe:
[b]You find also that the same debt that she said she cleared, is what we are again almost back into. In addition to that, debt is being aquired at rates which even a standard six person as Minister of Finance should not accept.

Why would you borrow to fund government activities at 12 to 15 per cent? How could you be Minister of Finance at a time that your President is going to China as President Jonathan did about 18 months ago or so to borrow $1.5billion from the Chinese for transport and other infrastructural development, and simultaneously on the same trip to China, your Central Bank Governor on the trip was asked, “what are you doing in China,” and he said he was looking for ways to invest the CBN’s foreign reserves.

How could you have a Finance Minister and the Coordinating Minister of the Economy who cannot put the two together?

How could you have a Finance Minister who, during the fuel subsidy upheaval of early 2012, did not know the level of rot in the subsidy business? She is not just the Finance Minister, but also the coordinating Minister of the Economy![/b]


https://www.nairaland.com/2588787/okonjo-iweala-failure-henry-boyo

Eugenedimgba:
As someone who oversaw the embarrassment called budget,this shouldn't come as a surprise.Over to Kabiyesi intellectuals and sophisticated zombies...come and defend this poor man's Okonji Iweala.


https://www.youtube.com/watch?v=yn7l9upJv0U

Boss13:


I strongly agree with you on this, in respect of Abacha, though he operated a fixed exchange rate of N27/dollar which never changed throughout his regime and did not portray the true economic realities. However, the looting was only limited to a small number of people and not pervasive like that of Jonathan's era. I have not seen where the treasury was so accessible to everyone, even to the Janitors.

Jonathan was surrounded by stupid people and implemented stupid ideas. Examples includes, delaying to find the Chibok girls, delaying to fight Boko Haram with the view that the sect would decimate the North-East, hence increasing his chances of winning the 2015 elections. Under-funding the military in the fight against Boko Haram, implementing Ethnic-religion and partisan politics, paying for prayers etc. What a clown we had as President - I remember one of his famous statements - "Stealing is not corruption".

A lot of ignorant people would want to blame President Buhari for the economic hardship and nosedive of the naira. However, this economic issue was created by the Jonathan Administration, where the main politics was sharing monies to cronies - The "South Africa Cash Airborne" comes to mind here. There were no proper accounting of public funds. The CBN was actually crediting accounts of PDP members. Even Pastors and Musicians got a piece of the National Cake. During the Jonathan administration, the price of Oil was at an unprecedented high of about $186/barrel. What did our darling President do - he squandered the cash receipt from oil sales, he also supervised oil bunkering for personal enrichment. If we do an estimate of what our federal reserve should be when Obasanjo left, if Jonathan truly cared, it would be estimated in trillions of dollars, large enough to sustain the economic in this period of oil price decline, large enough for importers to continue with their normal lazy way of importing toothpicks into the country. However, the present administration met an empty treasury. However, we should be grateful that the government is no longer borrowing to pay workers. A disastrous effect that would have boomerang if Jonathan had continued as President.

We thank God!

SonOfEl:


Same old propaganda. No sane person will buy your cock and bull stories. America had an economic meltdown in 2008 like never before in their recent history, when obama came in with his policies (obamacare, increased debt ceiling, bailout fundings, etc), look at where they are now. Their economy has recovered. He was not blaming George bush for anything.

Seasoned economists warned buhari about his economic hogwash, but no, IMF and foreigners wants to "enslave us" again... Bla blah blah.....you and your President Buhari in chief should sit up and fix the mess you have plunged Nigeria into.

SonOfEl:


Same old propaganda. No sane person will buy your cock and bull stories. America had an economic meltdown in 2008 like never before in their recent history, when obama came in with his policies (obamacare, increased debt ceiling, bailout fundings, etc), look at where they are now. Their economy has recovered. He was not blaming George bush for anything.

Seasoned economists warned buhari about his economic hogwash, but no, IMF and foreigners wants to "enslave us" again... Bla blah blah.....you and your President Buhari in chief should sit up and fix the mess you have plunged Nigeria into.

Boss13:


I don't understand your comment. Nigeria has been in recession since 1984, we showed a glimpse of recovery during the Obasanjo tenure and rather than continue with the same policy, Jonathan took us back to 1984 and even worst off.

We are yet to see the economic blueprint of the Buhari administration. The budget is yet to be signed. We only hope it will alleviate the sufferings placed on us by the ineffective Jonathan. I am not a supporter of Buhari and I will cut him no slack if there are not positive economic blueprint. Though, I don't expect the economy to recover anytime soon, but a blueprint or plan would suffice for now.

On the other hand, we expect naira to hit N500 per dollar in the parallel market. This point maybe the equilibrium point expected.

SonOfEl:


Pls stop trying to save face for your underperforming president Buhari....GEJ performed, the economy grew at 7% yearly his tenure. His tenure began the agricultural reforms, electoral reforms, and the youwin program, the entertainment sector received grants and privileges. Roads were constructed, railways were revamped, universities were built. Gejs only problem was inexperience in fighting insurgency and corruption.

Stop trying to fix him into 1984, that spot belongs to your bubu....

charlesucheh:
Forwarded as received. ... OBASANJO & YARADUA
DID NOT LEAVE ANY DEBT FOR NIGERIA BUT
RATHER LEFT HUGE SUMS OF MONEY AS
NATIONAL RESERVE FOR NIGERIA.
JONATHAN (WHO IS NIGERIA'S GREATEST
MISTAKE) MISTAKENLY BECAME PRESIDENT ON
MAY 2010 AND BY MAY 2015,IT WAS
DISCOVERED THAT JONATHAN HAS ACCRUED A
DEBT OF 60 BILLION U.S DOLLARS FOR NIGERIA
$1 = N228
60 BILLION DOLLARS × 228 = 13.7 TRILLION
NAIRA (interest excluded)
IF NIGERIA PAYS BACK 5 BILLION NAIRA EVERY
MONTH
13.7 TRILLION NAIRA DIVIDED BY 5 BILLION
NAIRA = 2740 MONTHS
1 YEAR = 12 MONTHS
2740 MONTHS = 228 YEARS
IN OTHER WORDS,IT WILL TAKE NIGERIA AT
LEAST 228 YEARS TO REPAY THE DEBT JONATHAN
OWED (interest excluded)
THIS CLEARLY MEANS THAT OUR CHILDREN,
GRANDCHILDREN,GREAT GRANDCHILDREN AND
GREAT GREAT GRANDCHILDREN WILL STILL PAY
WHAT JONATHAN OWED. With the aforementioned, can you then conclude that the president has been a good or badluck to the country?

TheGoodJoe:



President Obama has passed the buck to others – mainly George W. Bush – for no less than 13 problems that characterize his presidency, suggesting time and again that his own policies are not to blame for his difficulties and he is simply doing the best that can be done with the cards he was dealt.

http://www.whitehousedossier.com/2012/03/23/president-obamas-hall-blame/

TheGoodJoe:



President Obama has passed the buck to others – mainly George W. Bush – for no less than 13 problems that characterize his presidency, suggesting time and again that his own policies are not to blame for his difficulties and he is simply doing the best that can be done with the cards he was dealt.

http://www.whitehousedossier.com/2012/03/23/president-obamas-hall-blame/

SonOfEl:


How authoritative is whitehousedossier.com? Stop deceiving yourself, that is a gossip site in DC. Keep playing the blame game....wailers form is still out o....

TheGoodJoe:






https://www.nairaland.com/2333948/assessment-see-how-gej-destroyed

SonOfEl:


When you have something authoritative yo post , let me know....bubu sympathizers.... Your damage control ain't working

TheGoodJoe:



The Blame Game at Its Finest: 21 Times Obama Has Passed the Buck

http://www.thepoliticalinsider.com/the-blame-game-at-its-finest-21-times-obama-has-passed-the-buck/

The links are in this article. Some to videos.

TheGoodJoe:



The Blame Game at Its Finest: 21 Times Obama Has Passed the Buck

http://www.thepoliticalinsider.com/the-blame-game-at-its-finest-21-times-obama-has-passed-the-buck/

The links are in this article. Some to videos.

SonOfEl:


Lol....you guys never seem to amaze me....those sites were supposed to criticize Obama for "passing the buck", and because they are soft sites, they are not wholly authoritative. There are hundreds of such sites in america so you are not proving anything here.

Stop saving face...its too late.

TheGoodJoe:


"Blame Bush !" says Obama - 1st Prez Press Conference - IT'S BAD !!!


https://www.youtube.com/watch?v=v7eMcSy8wgc

SonOfEl:


Dude, you keep disgracing yourself....that was obama's first press conference right? When you criticize, you fix things at the same vein. Not criticize and still do nothing.

Mumu, you are trying hard to rationalize bubu's blame game.

SonOfEl:


Dude, you keep disgracing yourself....that was obama's first press conference right? When you criticize, you fix things at the same vein. Not criticize and still do nothing.

Mumu, you are trying hard to rationalize bubu's blame game.

TheGoodJoe:


So now, it is press conference. It is no more, Obama never blamed Bush for anything. You see yourself.

He (Obama) was not blaming George bush for anything... SonOfEl

SonOfEl:


My God this guy is lost. DUDE, You cannot fail on your duties and then begin to push blames, stop misrepresenting my statements. Are you teachable? Ones efforts has to be sufficiently effective before you can begin to give excuses for the remnant few. OBAMA DID HIS JOB, HE RESTORED THE US ECONOMY. HE WAS NOT BLAMING BUSH TO EVADE HIS JOB.

STOP LOOKING FOR WAYS TO RATIONALIZE BLAME GAMES...your bubu is clueless.

TheGoodJoe:


Did Obama finish his job in few months? I am not rationalizing anything. It was you who said Obama did not blame George Bush for anything. That is ridiculous for anyone who follows the news. That is just what I pointed out to you.

You pretended as if the links I posted were not true and that Obama did not blame George Bush.

Buhari blaming GEJ does not mean he is not taking steps to clear the mess GEJ made.

Just as Obama, Judge Buhari after his first term, not after few months.

SonOfEl:


Its almost a year now bubu entered aso rock, and yet you call it a few months. What is the result of his promise in finishing off bokoharam in "two months"? Did he " hit the ground running", or we waited for 4-5months before he had a cabinet, such that he was labelled baba go-slow? What about the N5000 monthly pay for the jobless? Which of his campaign promises had he fulfilled?

By now a pregnant woman as at may 29, would have completed her 9mths and would have delivered a baby. What's your bubu doing?

Any show of incompetence, they attribute the cause to GEJ, hahaha....we are watching you guys, keep blaming.... Obama didn't blame bush to save face for not delivering. What happened to bubu's 2-month promise to end boko haram?

Guy go to sleep.

SonOfEl:
To all you 'blamers', shame on you and your bubu. STOP ATTACHING YOUR INCOMPETENCE TO GEJ, OBAMA DIDNT DO SUCH. WHILE FIXING THINGS HE CRITICIZED BUSH, BUT IT WAS WHILE HIS JOB WAS CONVINCINGLY SHOWING EFFECTIVENESS.

HIS PRIORITY WAS NOT TO CRITICIZE BUSH, BUT TO SHOW BUSH A BETTER WAY OF RUNNING THINGS.

WE ARE YET TO SEE SUCH FROM BUBU....

Disaino:
'i smh for a these zombies'...lele,,yeye de smell...stalk illiterate...