searchng4love:

searchng4love:
Op... Nairaland is populated by people vast in knowledge of different fields....be careful when you're producing selective analysis of issues in here..... Now go and correct the jibber jabber up there.

Starting with Hugo Chávez and his constant quarrels with the West.....
Go into how cancer limited his performance and effects of his perennial hold on to power...

His socialist policies...which left the country in economic ruins...

Now how do they correlate with Nigeria APC government who lost the largest economic position inherited from PDP government in less than a year?
How does that correlate to the reckless speeches of @Buhari about Nigerians being corrupt in international fora meant to market the prowess of Nigerians and Nigeria's economy?
How does that correspond with @Buhari's inability to appoint ministers to coordinate the economy and consolidate on the PDP gains?
How does that correlate with the 95% n 5% speech on Aljazeera or CNN interview of @Buhari?
How does that correlate with the fact that FDI in Nigeria is virtually nonexistent?
How does that correspond with the fact that two years later @Buhari still finds it palatable blaming the former administration for his self inflicted woes?

NOW Go and CORRECT YOURSELF UP THERE!

Abagworo:


Nigeria is doing pretty well if we consider the fact that over 90% of our foreign exchange is dependent on oil sales. The financial prudence of this administration is commendable.

chemicalDisease:
Even if all the Zombies repent.

This boy Abagworo will never repent

Very soon he will tell us to thank God
cos we are not from Mugabe's country.

Abagworo:
Even Saudi Arabia with daily output of over 10million barrels per day and a population of 32million people is in shambles.

http://www.zerohedge.com/news/2016-08-09/saudi-liquidity-crisis-1000s-foreign-workers-abandoned-labor-camps-middle-saudi-dese

searchng4love:

How is the government being prudent financially?
A government that is committing $40 billion dollars to oil exploration in the Chad basin instead of diversifying the economy from oil?
A government that still subsidizes pilgrimages at the expense of taxpayers?
A government that only got an economic adviser in it's second year in office?
Maybe am missing something....

Abagworo:


They may be wrong but when compared to previous Government financial waste has been reduced. If the past Government continued, Venezuela would have been better than Nigeria

viexcey:
Meanwhile, we have;
Meanwhile, we have;
A minister who thinks manufacturing pencils in 2018 is an achievement.
A minister who feels everybody complaining is a PDP apologist.
A minister who feels a recession can be covered up.
A minister who feels athletes stranded in a country, few hours to a game in another country is not his business.
A minister who is lying up and down.
A minister whose darkness keeps increasing with increasing tariff.
A minister whose name is in almost every shady deal of the past in the Army.
Ministers whom even google will still find it hard to locate over one year in office.
And a President who spent SIX MONTHS searching for them.
SIX MONTHS fa.
Kuku come and kill all of us.

KwaraRat:



Under GEJ we were being compared in terms of growth with countries like India and China as an investment destination.

Today you are comparing us under the dullard with Venezuela?

Una get sense at all?

Abagworo:


Growth from high oil price which equally led to our crisis from low oil price. Comparing us with China is absurd and shows how low your mentality is.

http://www.bloomberg.com/news/articles/2015-02-17/nigeria-local-debt-to-rise-on-low-oil-prices-okonjo-iweala-says

http://www.vanguardngr.com/2015/05/nigeria-borrows-to-pay-salaries-with-cash-crunch-worsening/

The above is what Buhari inherited.

hungryboy:
At least this guy could have tried to read more about Venezuela and the origin of their problems before comparing our economy to their's,
But I can't blame him,
Cos he is just trying to earn a living defending his paymasters as usual,
Venezuela presently is under sanctions by the United States,

http://www.presstv.com/Detail/2016/03/06/454168/national-emergency/,
Do you know how hard it is to survive under sanctions by the United States of America? ,
American companies won't trade with your country,
Any American bank dealing with your country will be fined by the USA etc.
Add that to the slump in oil prices orchestrated by the United States and Saudi Arabia to weaken countries that the are not fond of like Russia, Iran, and Venezuela, who depend on crude for as their primary foreign exchange earner,
And you have your answer to what Venezuela is going through right now.
Why Venezuela's own is worse than others is because the following not have a strong local economy like Russia and Iran.
N. B :when the going was good and oil price was decent, Venezuela under the late Hugo Chavez lifted half of their population out of poverty,
Gave free health care to the poor and turned almost all of their population literate by making education free from daycare to University.

Abagworo:


Growth from high oil price which equally led to our crisis from low oil price. Comparing us with China is absurd and shows how low your mentality is.

http://www.bloomberg.com/news/articles/2015-02-17/nigeria-local-debt-to-rise-on-low-oil-prices-okonjo-iweala-says

http://www.vanguardngr.com/2015/05/nigeria-borrows-to-pay-salaries-with-cash-crunch-worsening/

The above is what Buhari inherited.

Abagworo:


Nigeria is doing pretty well if we consider the fact that over 90% of our foreign exchange is dependent on oil sales. The financial prudence of this administration is commendable.

9jii:
If not for this present gov,this country will have collapsed just the way Separatists wanted it.
But thank God they are trying to see us through this economic climate.better days

searchng4love:

How is the government being prudent financially?
A government that is committing $40 billion dollars to oil exploration in the Chad basin instead of diversifying the economy from oil?
A government that still subsidizes pilgrimages at the expense of taxpayers?
A government that only got an economic adviser in it's second year in office?
Maybe am missing something....

Suprnov3r:
The OP has sold his soul to zombieism and will cook up myths and fables in defence of buhari.

searchng4love:

How is the government being prudent financially?
A government that is committing $40 billion dollars to oil exploration in the Chad basin instead of diversifying the economy from oil?
A government that still subsidizes pilgrimages at the expense of taxpayers?
A government that only got an economic adviser in it's second year in office?
Maybe am missing something....

Standing5:
I agree with the bold points but that doesn't change the fact that he has stopped many similar mismanagement pattern inherited. Buhari has improved the system drastically with limited resource. It may take time but the change in direction is undeniable.