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Nigeria Dismisses Calls For IMF Solution To Nigeria’s Economic Challenges - Politics (4) - Nairaland

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Re: Nigeria Dismisses Calls For IMF Solution To Nigeria’s Economic Challenges by ideylaff: 7:15pm On Apr 16, 2016
Goke7:
PMB had influenced this woman with balls, even fayose and his ponmo followers will run mad hearing this.

Wailers come out and wail o, food don done

What balls . Talk is cheap if we don't act it.

You want to encourage exports and local manufacturers to boost productivity and you on the other hand open yourself up to the Chinesse

Lol


I remember years ago the Chinese closing up their borders to fix themselves
Re: Nigeria Dismisses Calls For IMF Solution To Nigeria’s Economic Challenges by MYMINDER(m): 7:25pm On Apr 16, 2016
I agree.
Re: Nigeria Dismisses Calls For IMF Solution To Nigeria’s Economic Challenges by Nobody: 7:27pm On Apr 16, 2016
Emmyk:

What are you? A foreigner ? undecided
And are you a Nigerian?.
Re: Nigeria Dismisses Calls For IMF Solution To Nigeria’s Economic Challenges by ideylaff: 7:28pm On Apr 16, 2016
Ioannes:
after all said and done, my main fear is for Buhari.

I know how the USA sponsors uprisings in countries that show promise and the will to rise above their poverty.

even Obama said it this week that his greatest mistake as president is helping to overthrow Gaddafi of Libya.

We Nigerians need more than ever to be UNITED now and put our differences aside, because the western world will capitalize on this to destabilize us.

the real fear of USA is that Nigeria, the most populous black nation on earth is aligning economically and politically with China the most populous nation on earth, and the main contender for the title of world super power.

if Buhari wants to do it well, he should strike another wonderful deal with India, the largest democracy in the world, and Japan, the most efficient country in the world.

China is set to overtake the USA and Americans are afraid. very afraid.

That's why I said, nothing must happen to our President o.


Yet we are begging the US to increase consumption of our crude. Let's face. It we are not in a bargaining advantage seat..

Hence us going to Asia, Middle East and the USA.

We really are not capable of holding any of the ACES at the negotiating table.

We still need USA and the dollar manipulation is an intenal greed system within ourselves . Let's stop blaming outsiders

1 Like

Re: Nigeria Dismisses Calls For IMF Solution To Nigeria’s Economic Challenges by Ugosample(m): 7:30pm On Apr 16, 2016
Mindfulness:


First of all, the Euro is - unlike the Naira - the currency of the eurozone (19 countries) and not a single country.
Secondly, Greece has been bailed out by other EU member states. Who is going to bail out Nigeria?
Thirdly, Greece received loans from the IMF.

The comparison was based on your lack of understanding.




Thank you!!!! at last someone that understands economics.

Holding on to this two tiered exchange rates regime is silly

1 Like

Re: Nigeria Dismisses Calls For IMF Solution To Nigeria’s Economic Challenges by DeejayAboki1(m): 7:39pm On Apr 16, 2016
I always wondered why d only advise America n IMF always give to Nigeria is jux devaluation of Naira yle dey always support n give bail out fund to eastern countries...I'm just tired n sick of diz IMF, all they do is to sucks Africa to sustain der land...diz same IMF killed Ajaokuta Iron Steel up till date from functioning all in d name of advise. Ofcoz, they are backed by world super power 'America' so it will take only a brave n fearless president to resist dem(IMF)..
It's so unfortunate our past leaders heed to der advise by accepting dat Nigeria do not need to own an Iron n Steel Industry as dey can always get from d foreign countries which lead to d end point of Ajaokuta 2day. Am not surprised tho as I know 4 sure dat every business man will always wants a profit...IMF is like a business enterprise dat will always wanna make a profit, they will never care about d instability of ur economy after heeding to der advise in as far as they are profiting 4rm ur purse. The obvious question I need a serious answer to ryt about now is; why d sudden pressure n d serious advise from IMF @ diz moment dat buhari traveled to sign dat
Currency Deal With China, an
Act to Crash Dependence on
The US Dollar? I tink obviously d answer sud b on ur palm already. I av taken a critical studies of d whole things n i here by say #NoToIMFDecisionsInNigeria
I am Oniwon Moses Dj Aboki n I jux wanna make #ARealityChecked.
Re: Nigeria Dismisses Calls For IMF Solution To Nigeria’s Economic Challenges by DaBullIT(m): 7:39pm On Apr 16, 2016
TrebleChamp:
Na 2018 Buhari go get Fayose time when him tenure as governor don end and no more immunity...

Confirm x Tuale for you
Re: Nigeria Dismisses Calls For IMF Solution To Nigeria’s Economic Challenges by Nobody: 7:58pm On Apr 16, 2016
ideylaff:



Yet we are begging the US to increase consumption of our crude. Let's face. It we are not in a bargaining advantage seat..

Hence us going to Asia, Middle East and the USA.

We really are not capable of holding any of the ACES at the negotiating table.

We still need USA and the dollar manipulation is an intenal greed system within ourselves . Let's stop blaming outsiders

isn't that the entire point of all these?

for how long will we keep needing the U.S?

for how long will we keep depending on only crude oil exports?

can't you see that that is their intention all along? to make us dependent on them so that to break free from them will scare us even more than our suffering?

We don't need the U.S and the earlier we ween ourselves from their influence the better for us because like it or not, the U.S cares only for it's interests. Every other thing is a game of chess for them.

we have been a pawn too long on their chess board.

We know how ruthless America can be when the odds are stacked against them.

1 Like

Re: Nigeria Dismisses Calls For IMF Solution To Nigeria’s Economic Challenges by Tarzaa(m): 8:16pm On Apr 16, 2016
A very good way to do away with poverty in the long run!
Re: Nigeria Dismisses Calls For IMF Solution To Nigeria’s Economic Challenges by enlightenedmind: 8:27pm On Apr 16, 2016
King44:
if this is true nahin be say Buhari brain na 6g e dey follow work, I suggest the public should be enlightened more

Yes. People screaming do not understand. Basically what the deal does is give china a monopoly over Nigeria's Contacts internationally. Anything we cannot do ourselves china must do. down side is, we must accept what ever price at the value of their currency at that time. Upside is, our exports would no longer be cheap to other countries. it is good provided we do not export to china. We must begin to produce and export quickly.
Re: Nigeria Dismisses Calls For IMF Solution To Nigeria’s Economic Challenges by leo1234(m): 9:25pm On Apr 16, 2016
goodddy:
we pray it works
Quote me if you have an agent in onitsha. I don't do pay before service.
Re: Nigeria Dismisses Calls For IMF Solution To Nigeria’s Economic Challenges by ideylaff: 10:01pm On Apr 16, 2016
Ioannes:


isn't that the entire point of all these?

for how long will we keep needing the U.S?

for how long will we keep depending on only crude oil exports?

can't you see that that is their intention all along? to make us dependent on them so that to break free from them will scare us even more than our suffering?

We don't need the U.S and the earlier we ween ourselves from their influence the better for us because like it or not, the U.S cares only for it's interests. Every other thing is a game of chess for them.

we have been a pawn too long on their chess board.

We know how ruthless America can be when the odds are stacked against them.

You don't need the US but we head for the US with stolen money when we steal money LOL

Very laughable, we don't need the US but you want their money to fix NE

Don't need the US but Buhari has bn there 3 times since he became president

Let's face it we are doing diversification of the economy by mouth and seminars and talk with less real action

That's our problem blame the west but us

Someone mentioned Ajaokuta was killed by the IMF ask the Russians who told them to bring over 2nd hand machinery to kick start Ajaokuta .

The late Malam Ali Makele and the first set of people in charge of Ajaokuta

Bottom line the west cannot rape us if we don't turn our bums to then in cohort with Nigerians behind the scene

Simple

1 Like

Re: Nigeria Dismisses Calls For IMF Solution To Nigeria’s Economic Challenges by omobadurella(m): 10:18pm On Apr 16, 2016
God bless you man. Oil more harm than good.
NOETHNICITY:
May d price of oil never ever rise again! Petrol has almost destroyed this country! It bestowed mental laziness on us! This govt wouldn't ve been thinking beyond its noses if oil price was high! If there was no oil the SE would not be dying to attach itself to us (SS) and roaring succession evrywhere! The great youths of SS wud not ve been this lazy if there was no oil! May the price of oil remain forever low!

1 Like

Re: Nigeria Dismisses Calls For IMF Solution To Nigeria’s Economic Challenges by Goke7: 10:25pm On Apr 16, 2016
ideylaff:


What balls . Talk is cheap if we don't act it.

You want to encourage exports and local manufacturers to boost productivity and you on the other hand open yourself up to the Chinesse

Lol


I remember years ago the Chinese closing up their borders to fix themselves


You guys should go and sit down, never will your slave masters PDP rule us again cos we know they are the ones with the propaganda against the China deal. You guys are yet come with a better alternative, its all complaints and wailings. We are fed up of you guys, you can relocate to Togo if you please
Re: Nigeria Dismisses Calls For IMF Solution To Nigeria’s Economic Challenges by grandstar(m): 11:06pm On Apr 16, 2016
musicwriter:


This's how African leaders should talk to white people. AUTHORITATIVELY!.

You can't believe the panic in IMF and world bank headquarters now that it's clear we will not bulge. And their fear is that "if Nigeria find a way to solve our economic crises, it would become a model for other third world countries" to copy. The years of slavery, colonialism, monkey de work baboon de chop, is over!. For the first time I'm very proud of this woman.

We will solve our problems for and by ourselves.
You are stuck in epic fuel scarcity caused by Buhari's economic Policies that Soludo, Sanusi and Utomi have all condemned

3 Likes

Re: Nigeria Dismisses Calls For IMF Solution To Nigeria’s Economic Challenges by Emmyk(m): 12:25am On Apr 17, 2016
herbie27:
And are you a Nigerian?.
I am. The way you said "your" President, like your from outta space...
Re: Nigeria Dismisses Calls For IMF Solution To Nigeria’s Economic Challenges by adetayo234: 2:11am On Apr 17, 2016
PRYCE:
To every Adeosun, There's a Fayose to treat her fúckups! cheesy grin

So, you prefer for Nigeria to borrow money from IMF and become indebted,abi?
Re: Nigeria Dismisses Calls For IMF Solution To Nigeria’s Economic Challenges by Menzy86(m): 4:56am On Apr 17, 2016
Mindfulness:


What do you understand about it?

All d IMF loans we took in d past where did it get us? All d asian tiger countries REFUSED IMF loans in d past, ran closed economies (economies with focus on self and areas of comparative advantage), suffered the short/medium term consequences, and finally emerged as what they are today. They also shifted their focus of doing business SIGNIFICANTLY from d west in that time and though they faced serious sabotage and blackmail (like Buhari is facing now from that fish looking Christine Lagarde of d IMF and her co conspirators), they have come this far. Many Africans (plus countless Nigerians with all their education donot understand the principle of enlightened self interest) which prescribes the forgoing of present day gratification to achieve a greater, more positive and sustainable outcome. Lemme also chip in that from d world go, the struggle between the two dominant world political ideologies (socialist east and capitalist west) is still much with us till this day. Nigeria at this point (just like d asian tiger countries) is determined to find an economic framework that genuinely works for us and is peculiar to us. As much as we are suffering at this point (I am a six years post NYSC grad with a masters degree myself and still struggling intensively to survive) I am seeing the subtle steps of this govt to PERMANENTLY alter the status quo 4 dis country. As much as d STRUCTURE of d country is an impediment, something still needs to be done at least.

2 Likes

Re: Nigeria Dismisses Calls For IMF Solution To Nigeria’s Economic Challenges by King44(m): 8:53am On Apr 17, 2016
enlightenedmind:


Yes. People screaming do not understand. Basically what the deal does is give china a monopoly over Nigeria's Contacts internationally. Anything we cannot do ourselves china must do. down side is, we must accept what ever price at the value of their currency at that time. Upside is, our exports would no longer be cheap to other countries. it is good provided we do not export to china. We must begin to produce and export quickly.
thanks jare and to d grumblers and mumblers God dash them 6g sense like that of bubu
Re: Nigeria Dismisses Calls For IMF Solution To Nigeria’s Economic Challenges by King44(m): 8:55am On Apr 17, 2016
enlightenedmind:


Yes. People screaming do not understand. Basically what the deal does is give china a monopoly over Nigeria's Contacts internationally. Anything we cannot do ourselves china must do. down side is, we must accept what ever price at the value of their currency at that time. Upside is, our exports would no longer be cheap to other countries. it is good provided we do not export to china. We must begin to produce and export quickly.
thanks jare and to d grumblers and mumblers God dash them 6g sense like that of bubu and memory capacity of 16gig like my memory chip
Re: Nigeria Dismisses Calls For IMF Solution To Nigeria’s Economic Challenges by Ugosample(m): 9:13am On Apr 17, 2016
Menzy86:
All d IMF loans we took in d past where did it get us? All d asian tiger countries REFUSED IMF loans in d past, ran closed economies (economies with focus on self and areas of comparative advantage), suffered the short/medium term consequences, and finally emerged as what they are today. They also shifted their focus of doing business SIGNIFICANTLY from d west in that time and though they faced serious sabotage and blackmail (like Buhari is facing now from that fish looking Christine Lagarde of d IMF and her co conspirators), they have come this far. Many Africans (plus countless Nigerians with all their education donot understand the principle of enlightened self interest) which prescribes the forgoing of present day gratification to achieve a greater, more positive and sustainable outcome. Lemme also chip in that from d world go, the struggle between the two dominant world political ideologies (socialist east and capitalist west) is still much with us till this day. Nigeria at this point (just like d asian tiger countries) is determined to find an economic framework that genuinely works for us and is peculiar to us. As much as we are suffering at this point (I am a six years post NYSC grad with a masters degree myself and still struggling intensively to survive) I am seeing the subtle steps of this govt to PERMANENTLY alter the status quo 4 dis country. As much as d STRUCTURE of d country is an impediment, something still needs to be done at least.



Why are you lying? is south Korea not an Asian Tiger?
For your information, during the Asian crisis of 96/97, they took an IMF loan and the SAME conditions given to Africa was given to them. And they met up.
Africans were and are still wasteful, that is the fact.


And those of you talking of Greece recieving preferential treatment, you guys are lying too because those loans came with dire conditions and bitter austerity.
That is why the Greeks went protesting in the streets, so stop misinforming the gullible here.

IMF conditions are same for ALL countries.

1 Like

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