mikolo80:
fortunately we feed ourselves. only luxury we import

mrvitalis:
Only people who skipped basic economics class will blame Buhari, the structure of this country is messed up, to restructuring it is what Buhari is doing and people won't understand

My God (if he exits) give Buhari more strength, because he needs it, me as a president I won't take the insult from Nigerians

holllandis:
Oil accounts for about 95% of Venezuela's export revenues and was used to finance some of the government's generous social programmes which, according to official figures, have provided more than one million poor Venezuelans with homes.

But prices for Venezuelan oil have plummeted. They almost halved from an average of $88 per barrel in 2014 to $45 in 2015.

By 13 May 2016, they had fallen to $35 per barrel.
The low oil price means that the government does not have the amount of dollars in its coffers it once had.

This in turn is a problem because Venezuela's economy is not at all diverse.

The country grows and produces very little except oil and has historically relied on imports to feed its people.

A lack of dollars means it is struggling to import all the goods its people need and want.

chrisblack:
that have been our saving grace .some Nigerians don't understand .it all over in all oil producing countries. The only difference is that they are all cushioning the effect with the saving and reserve they kept during the time of boom. unfortunately we either refuse to save or stole what was left. what happen in the Bible with Joseph, pharaoh dream and Egypt is what we are experiencing. The difference we failed to prepare for the years of drought when we hard surplus in terms of our crude selling at $145.same is happening in Venezuela. Angola saved a total of $120bn,algeria$155bn. This are countries we produced more than during the same period.

chrisblack:
that have been our saving grace .some Nigerians don't understand .it all over in all oil producing countries. The only difference is that they are all cushioning the effect with the saving and reserve they kept during the time of boom. unfortunately we either refuse to save or stole what was left. what happen in the Bible with Joseph, pharaoh dream and Egypt is what we are experiencing. The difference we failed to prepare for the years of drought when we hard surplus in terms of our crude selling at $145.same is happening in Venezuela. Angola saved a total of $120bn,algeria$155bn. This are countries we produced more than during the same period.

chrisblack:
that have been our saving grace .some Nigerians don't understand .it all over in all oil producing countries. The only difference is that they are all cushioning the effect with the saving and reserve they kept during the time of boom. unfortunately we either refuse to save or stole what was left. what happen in the Bible with Joseph, pharaoh dream and Egypt is what we are experiencing. The difference we failed to prepare for the years of drought when we hard surplus in terms of our crude selling at $145.same is happening in Venezuela. Angola saved a total of $120bn,algeria$155bn. This are countries we produced more than during the same period.

bondingman:

Boko haram war, infrastructure development; power plants etc, defending of naira from free fall, over bloated civil service n subsidy on fuel cost us savings we would v made.

plaetton:


None of these countries have a population of 180m , ethnically and religiously divided, with 36 States and 36 governors running to the centre every month for money.

Also, none of these other countries had been engaged in protracted war of insurgency for the last several years.

chrisblack:
how much did they spend on the Boko haram war.did they spend up to 2bn dollars in the real sense.imagine mih35 that goes for $30m with all options and weapon systems.they quoted $135m.they did not purchase the model 35 but instead went to get scrap model 24 which were outdated and some. Used

plaetton:


None of these countries have a population of 180m , ethnically and religiously divided, with 36 States and 36 governors running to the centre every month for money.

Also, none of these other countries had been engaged in protracted war of insurgency for the last several years.

plaetton:


That's Nigeria for you.

Don't forget that we are also running the most expensive democracy in the world, with our legislators making more than $2m per year.

Our system of government is non-sustainable , and almost programmed to leave the common citizenry hopeless.

chrisblack:
all you are saying is half truth.majority of our revenue was stolen under Jonathan

chrisblack:
what infrastructure. Are you talking about. What did they spend on boko.with all the money they stole.how many power plant was actually built during Jonathan period.guy do ur research and stop supporting crooks

jamace:
The blame should stop, time to face the problems squarely..


‪#‎Buhari‬, A Prodigal Son. ‪#‎BuhariWasted365Days‬.
For President Buhari and his supporters, they thought that this day will Never come. Anniversary of Buhari's one Year In Office.
Buhari was handed over:-
- $30billion in our Foreign Reserves,
- $2.5billion Sovereign Wealth Fund,
- $1.4billion in the ECA,
- $4.65b back taxes from NLNG.
- Buhari met an approved budget of N4.5trillion Budget.
Received Below within a year,
- $2.7billion collected by Inland Revenue in his first 8 months.
- $2.1billion world bank loan.
- $850million Grants from UK, USA and Europe.
- Excluding crude oil sales, Joint Venture profits, Royalties, Income from Customs, NIMMSA, NPA, NACHO ......
A year have passed this morning.
1] Not a kilometer of road was constructed,
2] Not a watt of Electricity generated,
3] Not a Ward was added to any Hospital in Nigeria.
4] Not a job space was created, excepted the CBN job he shared with his cronies.
5] Not a grain of Corn or tomatoes seed was Provided to our farmers. [Fertilizer subsidy taken away and handed back to ex-military men],
6] 41 foreign companies mostly in service industry left the country.
7] 4.3 Million jobs lost in 10months - National Bureau of Statistics.
8] Food scarcity last experienced in Nigeria between 1983 to 1985 returned back to the country.
9] War on Corruption turned to war against his perceived enemies, any conviction by EFCC are cases meticulously started by previous govt(s). Buhari only win cases on pages of Newspapers.
10] Nigeria dropped from No.1 Investment destination in Africa to No.27 before South Sudan.
11] African Biggest economy shrink from a GDP of about 7% to -0.36%, the fastest decline in the world since record begins.
12] No.3 fastest growing economy in the world to No.83 in 365days.
13] WAR ON TERROR.
The last 3 LGAs under Boko Haram in Feb 2015, Abadam, Kala-Balge and Gwoza where all recovered before the general election and Buhari's ill-advised policy of banning Road blocks lead to Boko haram recovering more LGAs and have the potency to attack.
Buhari have all on his hand to succeed, but the extravagant President squandered all the funds, goodwill, and only delivered hardship to Nigerians in his first ‪#‎365days‬.
As the Biblical Prodigal son, Buhari ‪#‎Wasted‬ all the Ntrillion handed over to him. His Body language, Lies and Propaganda lost its potency about 6 months ago as the pains of his incompetence is felt by both the 97% and 5%.
NO EXCUSE IS ENOUGH, HE WASTED THE 365DAYS.

APC should work and stop the blame game!