Stingman:




THERE WAS RECESSION LIKE NOW UNDER JONATHAN BUT NGOZI COVERED IT UP – AMAECHI
So why can't Kemi cover this one up too?

TheGoodJoe:
I wonder why it is so hard for some people to get a simple fact.

Ngozi Okonjo-Iweala destroyed our economy.

We are suffering the results of her mismanagement.

jomoh:
So this is the best these mofos can do? run back to the very CIA spy that destroyed our economy to this extent?

Yes, the present government is clueless, but does it mean we have no other economists that are better that the destroyer to take our economy forward?

It's a pity tribalism has really blinded us to the fact that this woman suppervised the economy that started borrowing to pay government workers. The very same woman that supervised the looting of our patrimony and wasnt patriotic enough to even resign at the least from her post as a protest against the mindless looting that went on under her. Even if she could not voice out.


it's really pathetic.

iamrealdeji:
Okonjo my wife,come back joor. This Adeosun Is trash. I'm Yoruba but phuck that tribalism sh!t,one Nigeria.

EMMAUGOH:

Mofos tagging anything against this goverment IpOB and Igbo.. Did U check the page to confirm they are only Igbo names...Nairaland Should start banning some mofos that can't drop a single contribution to matters at hand.

aresa:

https://www.youtube.com/watch?v=ltrsjqTE_p8



The useless woman is now telling us how worthless and incompetent she was and how they failed to prevent the economic calamity they left behind..


This is the same lazy and incompetent woman who was borrowing billions to pay salary when oil was selling for $80

This is the same good for nothing woman who in 2018 told us to get ready for austerity and suffering when oil was selling for $80.


So, exactly what is she going to do now that oil is selling for $30-40? Sell Nigeria to pay salary...


Igbos and their evil prayers sha.. no wonder they are doomed and condemned people...

TheGoodJoe:


Because we must face the effects of mismanagement, sooner or later. Ngozi Okonjo-Iweala lied and deceived us all were rosy.

It was not. She dipped her hands into ECA and the reserves to pay subsidy when we had an Oil boom. The best in the history of his country.

This government is facing and fighting to solve the problems created by Ngozi Okonjo-Iweala.

Good managers solve problems.
Bad managers create problems.

Basillona:


Using short term borrowing to meet short term expenses like salaries, consumables is allowable in finance. The problem would be if you collect IMF loans to pay salary but using borrowings from Treasury Bills to pay salaries is OK. How many of the lootings have been linked to her or even her approval. This lady made it to the final stage on world bank president recruitment. She publicly gave advises (fuel subsidy, Sovereign Wealth Fund) that were ignored and if implemented would have seen us out of this tough times. Sentiments aside she deserves our respect.

LouisVanGaal:
Truly we Nigerians are BAD student of history! We can be likened to the Israelites of those days...when God decided to take them away from Egypt(captivity), through wilderness to canaan(promise land)..they cried and wailed..claiming to be better off in Egypt..

Same thing is happening now, we have been crying for diversification..now we are in a situation were we can painfully,but slowly diversify..we are crying! We are paying for recklessness in embezzlement and lack of vision on the part of our past leaders.. Longing for a government official that kept giving us an utopia Nigeria on paper..despite the oil bloom, nothing to show for it...



I can imagine how she would be laughing @ how gullible majority of citizens of her country are..

Stingman:



Stop complaining about crude price, Jonathan left you $30b, Obasanjo ...

Ex President Olusegun Obasanjo has asked President Muhammadu Buhari to stop using dwindling crude prices for lack of performance.

According to Obasanjo, he met worse when he took power in 1999, but made the best of it.

He reminded Buhari that unlike his administration that met a paltry $3.7 billion, in the coffers, Goodluck Jonathan left behind a whooping $30 billion.

He said “When I assumed office in 1999, I inherited $3.7 billion in reserve, while Buhari met $30 billion, almost 10 times of what I met then, and the price of oil then was $9. When it got to $20, I was dancing. know the price is down now and with time, it will jump up again. What Buhari is doing currently is preparing ground for Nigeria to take advantage when it goes up again.”

Mister, even if the nation has $100billion in reserves...Nigeria will still be suffering...the current government is frugal and lack good economic management team...

leghagha:
It goes to show most of us don't understand the problem at hand.Will she increase the price of oil to over 100 dollars or diversify the economy overnight?

Stingman:



Stop complaining about crude price, Jonathan left you $30b, Obasanjo ...

Ex President Olusegun Obasanjo has asked President Muhammadu Buhari to stop using dwindling crude prices for lack of performance.

According to Obasanjo, he met worse when he took power in 1999, but made the best of it.

He reminded Buhari that unlike his administration that met a paltry $3.7 billion, in the coffers, Goodluck Jonathan left behind a whooping $30 billion.

He said “When I assumed office in 1999, I inherited $3.7 billion in reserve, while Buhari met $30 billion, almost 10 times of what I met then, and the price of oil then was $9. When it got to $20, I was dancing. know the price is down now and with time, it will jump up again. What Buhari is doing currently is preparing ground for Nigeria to take advantage when it goes up again.”

Mister, even if the nation has $100billion in reserves...Nigeria will still be suffering...the current government is frugal and lack good economic management team...





Buhari is not a very hot person on the economy and foreign affairs,” Obasanjo said.

The former President stated this on Monday at the third International Conference on African Development Issues — themed, “Driving inclusive and sustainable development in Africa: Models, methods and policies” — organised by Covenant University, Ota, Ogun State.
http://punchng.com/buhari-not-sound-economy-foreign-affairs-obasanjo/

TheGoodJoe:


Do you believe an educated economist is making that as an excuse?

We are talking of Billions of dollars mismanaged and she is talking of $30 Billion.

They met a windfall. The highest in the history of Nigeria. A windfall that was like no other.

Yet she left thirty billion in a mono economy which depends on Crude whose value fell and exports fell.

Stingman:



Stop complaining about crude price, Jonathan left you $30b, Obasanjo ...

Ex President Olusegun Obasanjo has asked President Muhammadu Buhari to stop using dwindling crude prices for lack of performance.

According to Obasanjo, he met worse when he took power in 1999, but made the best of it.

He reminded Buhari that unlike his administration that met a paltry $3.7 billion, in the coffers, Goodluck Jonathan left behind a whooping $30 billion.

He said “When I assumed office in 1999, I inherited $3.7 billion in reserve, while Buhari met $30 billion, almost 10 times of what I met then, and the price of oil then was $9. When it got to $20, I was dancing. know the price is down now and with time, it will jump up again. What Buhari is doing currently is preparing ground for Nigeria to take advantage when it goes up again.”

Mister, even if the nation has $100billion in reserves...Nigeria will still be suffering...the current government is frugal and lack good economic management team...





Buhari is not a very hot person on the economy and foreign affairs,” Obasanjo said.

The former President stated this on Monday at the third International Conference on African Development Issues — themed, “Driving inclusive and sustainable development in Africa: Models, methods and policies” — organised by Covenant University, Ota, Ogun State.
http://punchng.com/buhari-not-sound-economy-foreign-affairs-obasanjo/

TheGoodJoe:


[size=14]Soludo grades Jonathan “F” on economy; says his administration the worst ever[/size]

“My advice to President Jonathan and his handlers is to stop wasting their time trying to campaign on his job record. Those who have decided to vote for him will not do so because he has taken Nigeria to the moon. His record on the economy is a clear ‘F’ grade,” Mr. Soludo said.

http://www.premiumtimesng.com/news/headlines/175663-soludo-grades-jonathan-f-economy-says-administration-worst-ever.html

Real2020:
Ahithophels aka afonjas wanted Kemi there as their own Iweala not minding she is not qualified...always dragging feet, fingers and phallic symbols with Igbos as if Igbos are their mate. You see them in Biaffran Invention thread doing the same. The kind of insults Igbos have received in this country cannot be expressed enough. The irony of all these is Igbos want to be left alone in their own country, these afonjas refused, they hide under One Nigeria...uneven playing field and marginalization, and propaganda to drag feet with Igbos.

Stingman:



You sound as if you know anything about economics....Do we have the same scale of issue in 1984...? You seem not to understand that people can't give what they d not have...I bet you even if you a trillions in ECA...and you get a uneducated mechanic as the manager...he will deplete the resources...it is simple as that...Even if the past government was that bad...people shouldn't expect immediate impact barely a year later...

Ikechukwu48:


Chai IPOB has made this one mad.
In almost every post he makes na ipob, ipob, ipob he writes like a mad woman running naked in the market square.

EMMAUGOH:

Mofos tagging anything against this goverment IpOB and Igbo.. Did U check the page to confirm they are only Igbo names...Nairaland Should start banning some mofos that can't drop a single contribution to matters at hand.

Stingman:



BUHARI’S ECONOMIC POLICIES, HEIGHT OF FOOLISHNESS-FINANCIAL TIMES
written by Our Reporter August 19, 2016

Saicology212:
If she could still keep the ship afloat while the treasury was looted as alleged, don't you think it required some special skill set. I doubt if the present government could do the same.Her services are definitely needed even if it's in an advisory capacity.l

justy15:
the truth of the matter is that Jonathan supervised over a highly corrupt government but the economic team coordinated by okonjo iweala placed Nigeria ahead south Africa n most attractive for foreign direct investment. unfortunately, we lost all the big investors within buhari's six months in office for lack of policy direction and till date our economy has continued to deteriorate in the hand of the managers. worse still is the corrupt motive behind the forex policy busted by sanusi last week where Aisha buhari n top apc cabals rake in billions at the expense of Nigerian business community there by killing production. I honestly fear for our country therefore, I support the call for anybody with requisite experience to bail us out despite his or her religious ethnic or political affiliation

aresa:

https://www.youtube.com/watch?v=ltrsjqTE_p8



The useless woman is now telling us how worthless and incompetent she was and how they failed to prevent the economic calamity they left behind..


This is the same lazy and incompetent woman who was borrowing billions to pay salary when oil was selling for $80

This is the same good for nothing woman who in 2018 told us to get ready for austerity and suffering when oil was selling for $80.


So, exactly what is she going to do now that oil is selling for $30-40? Sell Nigeria to pay salary...


Igbos and their evil prayers sha.. no wonder they are doomed and condemned people...