Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,194,668 members, 7,955,418 topics. Date: Sunday, 22 September 2024 at 04:54 AM |
Nairaland Forum / Nairaland / General / Politics / Nigeria Economic Challenges, Jonathan/ngozi Would Have Done Better? (5106 Views)
Nigeria’ll Overcome Present Challenges — Jonathan / Nigeria Dismisses Calls For IMF Solution To Nigeria’s Economic Challenges / God Has A Hand In Nigeria’s Present Economic Challenges — APC (2) (3) (4)
Nigeria Economic Challenges, Jonathan/ngozi Would Have Done Better? by Nobody: 4:07pm On Feb 21, 2016 |
With the current fall in oil prices, in submission i have decided to show how better Gej and Okonjo Iweala would have done better than bubu the dullard. I will be highlighting the measures taken by the past administration in similar but better circumstance APRIL - MAY 2015 FG borrows N473bn to pay salaries – Okonjo-Iweala “We have serious challenges,” Finance Minister Ngozi Okonjo-Iweala said in an emailed statement. “Things have been tough since the beginning of the year and they are likely to remain so till the end of the year.” www.pmnewsnigeria.com/2015/05/06/fg-borrows-n473bn-to-pay-salaries-okonjo-iweala/ Today we are not borrowing to pay salaries Economic Crunch: Nigeria’s GDP Declined By 2.08% In Q1 2015 Data released by the National Bureau of Statistics has shown that the growth of the country’s Gross Domestic Product slowed down by about 2% in the first quarter of 2015, with a fall from 5.94 per cent at the end of the fourth quarter of last year to 3.86 per cent. bizwatchnigeria.ng/economic-crunch-nigerias-gdp-declined-2-08-q1-2015/ HuH? this has got lai mohammed written all over it. 5 Likes |
Re: Nigeria Economic Challenges, Jonathan/ngozi Would Have Done Better? by Nobody: 4:08pm On Feb 21, 2016 |
Economic Crunch: Governors Can't Pay Salaries, Say Okorocha "As it stands today, most states of the federation have not been able to pay salaries and even the Federal government has not paid April salary and that is very worrisome. By May and June, that (salaries) will be cumulative of three months," he said. www.thisdaylive.com/articles/economic-crunch-governors-cant-pay-salaries-say-okorocha/208559/ Look like states have started paying again Fuel Crisis: Nigeria grounded as Jonathan govt snores away Nigeria is facing a full- blown national crisis as virtually all sectors of the economy has grounded to a halt as the fuel scarcity bites harder across the country. www.premiumtimesng.com/news/183627-fuel-crisis-nigeria-grounded-as-jonathan-govt-snores-away.html 4 Likes 1 Share |
Re: Nigeria Economic Challenges, Jonathan/ngozi Would Have Done Better? by Elosky20: 4:08pm On Feb 21, 2016 |
Have you blamed buhari today.Only 8 hours remaining. 7 Likes 2 Shares |
Re: Nigeria Economic Challenges, Jonathan/ngozi Would Have Done Better? by TheGoodJoe(m): 4:12pm On Feb 21, 2016 |
[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 7 Likes |
Re: Nigeria Economic Challenges, Jonathan/ngozi Would Have Done Better? by Nobody: 4:13pm On Feb 21, 2016 |
Mass Sack At Diamond Bank The economic downturn in the country, coupled with the difficult regulatory climate, seems to be taking its toll on the financial sector as one of the top financial institutions, Diamond Banks Plc has sacked over 1,000 workers. www.pmnewsnigeria.com/2015/04/14/mass-sack-at-diamond-bank/ Mass sack under Super Gej/Noi? what is lai mohammed smoking [b[ Nigeria’s power generation at “all-time low”; crashes to 1,327MW [/b] Nigeria’s overall electricity generation has dropped to an unprecedented low of 1,327 megawatts, the Ministry of Power said Friday, a week before the transfer of power from President Goodluck Jonathan to President- elect Muhammadu Buhari. www.premiumtimesng.com/news/headlines/183496-nigerias-power-generation-at-all-time-low-crashes-to-1327mw.html Today the story is different 5 Likes |
Re: Nigeria Economic Challenges, Jonathan/ngozi Would Have Done Better? by kilode100(f): 4:16pm On Feb 21, 2016 |
Aunty, you are not making any sense jare.. Is this the change that was promised??.. If you like dig inside your paent or forge documents, the fact is that APC led govt has failed. 39 Likes 4 Shares |
Re: Nigeria Economic Challenges, Jonathan/ngozi Would Have Done Better? by LRNZH(m): 4:18pm On Feb 21, 2016 |
Ngozi? Scam. 7 Likes |
Re: Nigeria Economic Challenges, Jonathan/ngozi Would Have Done Better? by mrmetoo1: 4:18pm On Feb 21, 2016 |
All these jokers that want us to believe their hero was one kind economic genius. Jonathan was just at the right place at the right time but he decided to misuse the opportunity. Fact of the matter is no one is happy with this situation but I'll say it again I'm glad it isn't Jonathan ruling the country at this time. When there was abundance, no major projects were competed. Our debt rose, everyone was being owed. When oil prices were double what they are now we were borrowing to pay salaries under Mr hero. God knows what will be happening now if they were in power 5 Likes 1 Share |
Re: Nigeria Economic Challenges, Jonathan/ngozi Would Have Done Better? by TheGoodJoe(m): 4:20pm On Feb 21, 2016 |
kilode100: GEJ and Mrs Ngozi Okonjo Iweala had a windfall of Crude Oil selling at over $100 a barrel. After six years, our reserves reduced and our foreign debts increased. Yet you guys call Okonjo a success. In less than a year, selling crude at less than $40 a barrel, you guys are already calling this government a failure. Is that not double standards. Judge Buhari after his term. Not after few months. At least we do not have Okonjo Iweala to sign Nigerian funds to Santa Dazuki. 11 Likes 1 Share |
Re: Nigeria Economic Challenges, Jonathan/ngozi Would Have Done Better? by kilode100(f): 4:25pm On Feb 21, 2016 |
TheGoodJoe: Simple "Engrish" biko.. How long do we continue blaming GEJ And NOI?.. APC is a curse to Nigeria!! 44 Likes 3 Shares |
Re: Nigeria Economic Challenges, Jonathan/ngozi Would Have Done Better? by OKKO(m): 4:27pm On Feb 21, 2016 |
Thread dead on arrival. The blame goddess trying to prove that the dullard is parading an excellent economic team. Stupidity is when 1$ is sliding to N500 and nothing is being done about it, no economic plan, policy or direction and YOU are looking for Okonjo to compare with Adeosun. Mind U both Madams are never comparable both in paper qualifications, previous work experience, international recognition or self esteem. One is a local administrator the other is a world acclaimed boss. Deal with it...fuel cue is surfacing again with N120/L in some cities...barely 1month after the longest fuel crisis (3 months of N400/L) was overseen by your personal lord and saviour. This government lacks an economist...take it or leave it. 20 Likes 4 Shares |
Re: Nigeria Economic Challenges, Jonathan/ngozi Would Have Done Better? by jpphilips(m): 4:33pm On Feb 21, 2016 |
A govt that enjoyed an ave $115 per barrel but declared recession just a month after price slump is not worthy of mention. make no mistakes, if Jonathan wasn't removed, most of us would be refugees in Chad by now. 9 Likes 3 Shares |
Re: Nigeria Economic Challenges, Jonathan/ngozi Would Have Done Better? by Nobody: 4:34pm On Feb 21, 2016 |
OKKO: Hmm the super fly madam economist was borrowing to pay FG salaries when oil price was around $60. I wonder how much we would be owing if this had continue till date. Edited Btw dollar price had gone to 220 naira from 190 b4 super madam left 7 Likes |
Re: Nigeria Economic Challenges, Jonathan/ngozi Would Have Done Better? by Ecoterrorism(f): 4:35pm On Feb 21, 2016 |
How long can we be doing comparisons while our economy suffers? @obiageli APC came to power to tackle PDP shortcomings but we are still in the past because we are still a sour milk with a sour egusi soup @obiagelli The man on the street has moved on and he is looking unto government to make policies that will affect his life positively and not this suffering and smiling here. @Obiageli Do you know that the die hard Sai baba chanters are now calking him Sai Rakwomi just like die hard Gejites had to step back when his shortcoming were telling on their lives @Obiageli What are the Solutions today and not who has the longest dick between Gej and buhari 19 Likes 4 Shares |
Re: Nigeria Economic Challenges, Jonathan/ngozi Would Have Done Better? by Nobody: 4:42pm On Feb 21, 2016 |
Ecoterrorism: For as long has the wailers keep painting the picture that bubu spoil a very rosy Nigeria
8 month certainly can be enough and judging from the direction we were going in the first quater of 2015, things are better today save for exchange rate.
That man should also understand where we are coming from, no quick fixs here
Only patience and aisha can answer that one o 5 Likes |
Re: Nigeria Economic Challenges, Jonathan/ngozi Would Have Done Better? by Nobody: 4:43pm On Feb 21, 2016 |
jpphilips:Gbam 2 Likes |
Re: Nigeria Economic Challenges, Jonathan/ngozi Would Have Done Better? by baralatie(m): 4:44pm On Feb 21, 2016 |
[quote author=Obiagelli post=43125695] Hmm the super fly madam economist was borrowing to pay FG salaries when oil price was around $60. I wonder how much we would be owing if this had continue till date. Btw dollar price had gone to 260 naira from 190 b4 super madam left[/quote Do you realise that you just called PMB a dullard? I am shocked] |
Re: Nigeria Economic Challenges, Jonathan/ngozi Would Have Done Better? by mrmetoo1: 4:44pm On Feb 21, 2016 |
OKKO: When you guys have to add obvious lies to your defence them we know you guys really don't have anything to say. Under whosw administration were telecom companies shutting down because of fuel scarcity?? When had you ever heard that before then or after? Banks were announcing early closures, radio stations were announcing closures. The fuel scarcity during Buahri's administration was because of money owed to marketers that was eventually paid of. Money that had been owed for almost a year. Then if you bought petrol then for N400/ltr, then I'm sorry you let them use your head. Highest I paid was N200/ltr once and that was black market. Then smart one, answer a simple question without regurgitating what your superiors told you to say, why is our naira losing value?? Please answer intelligently because it seems you guys just talk without knowing what's going on around the world. 5 Likes |
Re: Nigeria Economic Challenges, Jonathan/ngozi Would Have Done Better? by baralatie(m): 4:45pm On Feb 21, 2016 |
Obiagelli: |
Re: Nigeria Economic Challenges, Jonathan/ngozi Would Have Done Better? by Nobody: 4:46pm On Feb 21, 2016 |
kilode100:Make no mistake about it, we will continue to blame them, nobody has forgiven Ibb for SAP till today. You can't wish it away. 5 Likes |
Re: Nigeria Economic Challenges, Jonathan/ngozi Would Have Done Better? by ziccoit: 4:50pm On Feb 21, 2016 |
Brb |
Re: Nigeria Economic Challenges, Jonathan/ngozi Would Have Done Better? by mars123(m): 4:51pm On Feb 21, 2016 |
The wailers wont get people in the know to wail how they are wailing...Buhari and his economic team isn't the cause of Nigeria's economic problem, they are just trying hard to salvage it the same way Ngozi tried to no avail. I hope with better management of finances we will come out of this mess. I have not blamed Jonathan for anything, but I blame the Nigerians who didn't care how the country was doing till Buhari came in, hence the hatred for Buhari made them patriots overnight. 2 Likes |
Re: Nigeria Economic Challenges, Jonathan/ngozi Would Have Done Better? by Ecoterrorism(f): 4:52pm On Feb 21, 2016 |
Obiagelli:we are not saying Nigeria was rosy but its a Reverse Propaganda that the APC started that's been used against them. We want a better Nigeria but as a educated people we all can see that we are moving backwards to 1984 7 Likes 2 Shares |
Re: Nigeria Economic Challenges, Jonathan/ngozi Would Have Done Better? by baralatie(m): 4:52pm On Feb 21, 2016 |
mrmetoo1:Thread is dead on arrival! That some1 will give excuse about about the inability of this present administration to deliver its own economic promise and policies but backbite on the earlier administrative efforts by claiming solutions were never existent(which is unfortunate after all the APC hype) 5 Likes |
Re: Nigeria Economic Challenges, Jonathan/ngozi Would Have Done Better? by Nobody: 4:53pm On Feb 21, 2016 |
Ecoterrorism: I you say we are moving back to 1984, what will you call this? Pre independence Nigerian bank announces early closing due to fuel crisis One of Nigeria’s biggest banks on Monday announced it was shutting branches early due to a lack of fuel, in the latest sign of shortages hitting businesses. “The current shortage of petroleum products in the country has limited our ability to supply diesel to all our branches in order to continue normal branch operations,” GT Bank said in a statement on Twitter. “Due to this we unavoidably have to close our branches nationwide at 1pm (1200 GMT) from Monday 25th May, 2015.” www.ngrguardiannews.com/2015/05/nigerian-bank-announces-early-closing-due-to-fuel-crisis/ 2 Likes |
Re: Nigeria Economic Challenges, Jonathan/ngozi Would Have Done Better? by jpphilips(m): 4:55pm On Feb 21, 2016 |
OKKO: Your c0ck mate Tompolo recently blew apart two refinery feedstock lines yet you think it is without consequence? Abok! has decided to sell his dollars N500 and you blame government, when the govt rate is 199? The govt provided 86.5naira petrol and Igbo boys are selling it for 120 and you blame govt? Igbo boys who bought 77.6 sell at 120 and you stupidly give them your money and cry fowl over Buhari. Sachet water has seen a 50% price increase yet his sister bottled water that passes a better quality assurance and packaging is yet to be increased when will you see that Nigerians are killing themselves? If you buy sachet water at its current price, Buhari is not your problem but you are a f00l. Meat sellers are complaining about dollar can you make the connection? The grazing fields in the north and transportation costs to send it down remains the same yet the price is soaring. Nigerians preach change but they detest change, every Nigerian is a racketeer looking for whom to exploit. I wish the US will see reasons to leave Africa and middle eastern countries in the hands of tyranny, that is what works for us, A black man does not deserve democracy. 5 Likes 1 Share |
Re: Nigeria Economic Challenges, Jonathan/ngozi Would Have Done Better? by baralatie(m): 4:55pm On Feb 21, 2016 |
Obiagelli:To even mention IBB SAP programme as your problem in 2016 is unfortunate 5 Likes 1 Share |
Re: Nigeria Economic Challenges, Jonathan/ngozi Would Have Done Better? by baralatie(m): 4:58pm On Feb 21, 2016 |
jpphilips:So obviously the Op is what you just described because she is blaming GEJ and IBB for Nigeria's current predicament! 4 Likes 2 Shares |
Re: Nigeria Economic Challenges, Jonathan/ngozi Would Have Done Better? by Nobody: 4:58pm On Feb 21, 2016 |
baralatie:Its unfortunate that 16yrs of Pdp rule could not diversify the economy, a consequence o SAP 2 Likes |
Re: Nigeria Economic Challenges, Jonathan/ngozi Would Have Done Better? by LRNZH(m): 4:59pm On Feb 21, 2016 |
Obiagelli: SAP, 16 years of PDP. Nothing positive to show. 1 Like 1 Share |
Re: Nigeria Economic Challenges, Jonathan/ngozi Would Have Done Better? by Nobody: 5:00pm On Feb 21, 2016 |
anonimi if you run from this thread en 1 Like |
Re: Nigeria Economic Challenges, Jonathan/ngozi Would Have Done Better? by Nobody: 5:01pm On Feb 21, 2016 |
LRNZH:Help me tell them o. Lalasticlala obinoscopy 1 Like |
Trump Blasts Nigeria Again, Calls Buhari ‘an Insensible President’ / Just In!! O.b Lulu Briggs, Richest Rivers Man Dies At 88 / Correct Bro FB Poll Between Buhari & Atiku: See Who Is Leading
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 65 |