The Central Bank of Nigeria (CBN) on Friday reported that economic activities declined faster in June, confirming that the nation’s economy formally entered into recession in the second quarter of the year. Economic recession is a period of general decline in economic activities and it is typically defined as a decline in GDP for two or more consecutive quarters. Nigeria’s economy contracted in the first quarter of the year, as it recorded negative Gross Domestic Product (GDP) during the quarter. According to the National Bureau of Statistics the nation’s GDP in Q1 2016 contracted by 0.36 per cent, the first negative growth in many years. Source:www.vanguardngr.com/2016/07/nigerias-economy-slides-recession-q2/

"I blame Jonathan o" - Zombies

Buhari, since coming on board, You've broken several records - I mean Negative records. If I decide to enumerate those negative records here, By tomorrow, I'm sure I'll still be here typing...

Believe me when I say, Buhari is an economic terrorist. #fact

What more can I say. Since we keep loosing it, I wonder when we would find or discover it.

Project Nigeria is failing.

ifdaeg:
The Central Bank of Nigeria (CBN) on
Friday reported that economic activities
declined faster in June, confirming that the
nation’s economy formally entered into
recession in the second quarter of the
year. Economic recession is a period of
general decline in economic activities and
it is typically defined as a decline in GDP
for two or more consecutive
quarters. Nigeria’s economy contracted in
the first quarter of the year, as it recorded
negative Gross Domestic Product (GDP)
during the quarter. According to the
National Bureau of Statistics the nation’s
GDP in Q1 2016 contracted by 0.36 per
cent, the first negative growth in many
years.
Source: www.vanguardngr.com/2016/07/nigerias-economy-slides-recession-q2/

This is what happens when a dull@rd is put in charge of intricate economic realities.

They will soon tell us about billion of of dollars they are recovering to divert our attention

Trouble in the land.

I no tell you?

OK

Zombies hw far?2knw dat some creatures will still defend dis clueless dullard president of d north baffles me well anyways there are simply called ewedu brain zombies

Can Nigeria survive this calamities looming and the inefficient APC government that are worsening the already bad economy of this nation. Let tell our self the true , you can't give what you don't have. This the second time buhari is given opportunity to better the lives of it citizens not only cows and fulanis .

Zombies will avoid this trend like an ebola infested trend.

Good


Bubu is on a mission to destroy the ZOO, and that gives me orgasm.

until this contraption is destroyed, the souls of my brethren unjustly killed by the Nigeria Army will continue to cry-out loud.





Meanwhile, we thank Chukwu Abiama!

Supporting your president and cheering him on even when it is clear he is progressing in error is not patriotism. It is treason because you are actually hurting your country by deceiving your president into thinking he is on the right track when you know he's not.

The best definition of patriotism is standing by your country. You don't stand by your country by being a pathetic sycophantic ass-licking simpleton who defends every government action and inaction. No! You stand by your country by standing up to tyranny, injustice, marginalization, nepotism and ethnic bigotry even if they are coming from the highest level of government.

For those of you whose voices sounded louder than that of John the Baptist during Goodluck Jonathan's era but have since resorted to talking sports, sex and music even when those things which you all frowned at then have all gotten worse under the current Buhari-led government, I hope you are aware that your hypocrisy has earned you a place at the right hand side of uncle Lucifer

For choosing to play the ostrich by staying away from political talk at this critical time, you are no better than the pathetic sycophants pushing the country to Golgotha. I'd say you deserve an 'Oscar' for hypocrisy but I'm sure you already know that, don't you??

Your silence in the face of government tyranny, nepotism, injustice, hate-induced killing by the army and unprecedented penury and severe hunger caused by government cluelessness is an indictment on your moral standard. Silence in the face of injustice is an act of injustice itself.

You are part of the problem, not the solution.

If you are among those who have formed the habit of blaming everybody but president Buhari for the mess that is this government, I have nothing but contempt for you. Jonathan was to blame for all the things that went wrong under his government but today, everything that goes wrong under Mohammadu Buhari is not Buhari's fault. It is the cabal that has hijacked his government. We should blame the cabal, not Buhari. Like I said, I've got nothing but disdain for you.

As for the rest of you who are being paid by agents of this government to come online and mock millions of Nigerians who go to bed hungry by creating the wrong impression that this government is living up to expectation, permit me to remind you that I still reserve more respect for my neighbor's pig than the lots of you hopeless morally bankrupt venal shitheads.

I hope you will be able to look your kids in the eyes and tell them how you mortgaged their future for a few naira note and some bottle of wine accompanied with some plate of meat-less #AishajolofRice.

"Salary is a privilege not a right" - APC Governor of Imo state, Rochas.

"My kids are abroad because I can afford it" - President Buhari

"If you are not happy, fall and die" - APC Governor of Kaduna state, Nasir El Rufai

"Widow, go and die" - APC Governor of Edo state, Adams Oshiomole

"If you want steady light be ready to pay a high electricity charge" - minister of power, Tunde Fashola

"If you need steady electricity, don't blame the government. Go to Niger Delta and catch the militants" - Presidential spokesman, Femi Adesina.

"Those complaining of hardship in the country are PDP members who are angry with the corruption fight" - Minister of Labour, Chris Ngige

If you wonder why many of the APC policies are not people friendly, look no further than those quotes

@stalyf

This is so disheartening!

But how can they perform, since they are full of bitterness against past administration. They live and eat with the past, instead of them to devise a way of improving the economy, they're busy blaming the past administration as if that is not why we elected them into office.

If the economy could go from bad to worse like this within just one year, I'm afraid for the remaining 3 years.


Just watch........ they would soon invade this thread now blaming and accusing the past administration of being the architect of the situation we're in............just watch, they're coming.

greatgod2012:
they would soon invade this thread now blaming and accusing the past administration of being the architect of the situation we're in............just watch, they're coming.

Don't worry.
We are waiting for the zombies.

Dividends of several months of trial and error. Can you recount economic blunders of Buharinomics? We are always quick to forget :

1. Banning forex payment into dorm accounts
2.Fixing naira way below it's worth
3. Regulating tightly what people can or cannot buy abroad

4. Attempting to run economy as a one man business

I know they will blame past administration, Buhari we are tired of your failure. The earlier you exit the better for Nigerians.

knightsTempler:
"Salary is a privilege not a right" - APC Governor of Imo state, Rochas.

"My kids are abroad because I can afford it" - President Buhari

"If you are not happy, fall and die" - APC Governor of Kaduna state, Nasir El Rufai

"Widow, go and die" - APC Governor of Edo state, Adams Oshiomole

"If you want steady light be ready to pay a high electricity charge" - minister of power, Tunde Fashola

"If you need steady electricity, don't blame the government. Go to Niger Delta and catch the militants" - Presidential spokesman, Femi Adesina.

"Those complaining of hardship in the country are PDP members who are angry with the corruption fight" - Minister of Labour, Chris Ngige

If you wonder why many of the APC policies are not people friendly, look no further than those quotes

@stalyf

Imagine!

We really made mistakes voting APC into power. Like someone said, we jumped from fry pan to fire.



Well, I'm not a pretender o, I voted for PMB in the last election but I'm seriously regretting that. Let the pretenders come around and tell us how everything PMB is doing is absolutely okay for them.

am i surprised a govt dedicated to fighting every body will fail in d end.

Why can't the economy go into recession when an illiterate and senseless dictator is in charge. Shame on changers.

greatgod2012:
This is so disheartening!

But how can they perform, since they are full of bitterness against past administration. They live and eat with the past, instead of them to devise a way of improving the economy, they're busy blaming the past administration as if that is not why we elected them into office.

If the economy could go from bad to worse like this within just one year, I'm afraid for the remaining 3 years.


Just watch........ they would soon invade this thread now blaming and accusing the past administration of being the architect of the situation we're in............just watch, they're coming.

d zombie propaganda media limited dey concoct new lies to deflect attention from d worsening economy as i write.

Recession is part of APC/Buhari dividend of change.

Na wa o

SeverusSnape:
"I blame Jonathan o" - Zombies

You dey drink? Can't u see that we're "pighting" corruption. The mistake will be rectified come 2019. No more deception.

Trut:
Recession is part of APC/Buhari dividend of change.

Don't worry, we will change the change.

Not even one zombie to comment..


Even if na their usual "Vanguard is an IPOB site" comment.

greatgod2012:




Imagine!

We really made mistakes voting APC into power. Like someone said, we jumped from fry pan to fire.



Well, I'm not a pretender o, I voted for PMB in the last election but I'm seriously regretting that. Let the pretenders come around and tell us how everything PMB is doing is absolutely okay for them.

Buhari spent 12yrs trying to become President so as to conquer Nigeria, not to govern her.

SeverusSnape:
"I blame Jonathan o" - Zombies

before nko..no be him.

knightsTempler:



Buhari spent 12yrs trying to become President so as to conquer Nigeria, not to govern her.

And I thought I'm the only one thinking towards that direction.


Sometimes, I even feels he's knocking us on the head for failing to elect him in power earlier.

But for someone who has been contesting since 2003, we thought such a person should know wherewithal to lead........alas! we're wrong and he's proven to us that we are wrong.
Like you said, he only want to conquer Nigeria not governing.

This isn't funny o! The worst part is that there's nothing to show that things will get better other than the usual statement of "we are pighting kwarufsion" even though no one has a clue of what the govt is doing with the recovered loot

This is actually inevitable even if GEJ had won. This is due to the wastfulness of the GEJ administration and also a sharp decline in oil revenue.

Also GEJ failed to diversify which is what PMB is working on