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BREAKING: Nigeria Officially In Recession, GDP Growth Drops To -2.06% - Politics (2) - Nairaland

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Re: BREAKING: Nigeria Officially In Recession, GDP Growth Drops To -2.06% by DONSMITH123(m): 11:18am On Aug 31, 2016
VampireeM:



i'm proud of you Don.. smiley

Thanks dear.

1 Like

Re: BREAKING: Nigeria Officially In Recession, GDP Growth Drops To -2.06% by shakaZuIlu: 11:20am On Aug 31, 2016
Ellidude:
For a very prominent position as the presidency, sentiment only act as an agent for making unwitty decisions as to who is fit for the task. If Nigerians can only for once forget about being inclined or loyal to a single party and vote for content rather than popularity, we can at least vote in someone who can best act in for such a position.

that's impossible in Nigeria politics.

rather the other party will sprang up some trash just to discredit the other just like apc did to Gej thereby convincing people that governance is like eating suya and holandia yogurt

1 Like

Re: BREAKING: Nigeria Officially In Recession, GDP Growth Drops To -2.06% by onexile: 11:29am On Aug 31, 2016
My God! Buhari has destroyed Nigeria!

Thank you very much, this is all Nnamdi Kanu ever wanted!

2 Likes

Re: BREAKING: Nigeria Officially In Recession, GDP Growth Drops To -2.06% by codedguy1(m): 11:38am On Aug 31, 2016
Until we do the right thing we will continue to grope in the dark.

We know the right thing but some I too know people who actually know nothing coupled with their selfishness and laziness will not allow us do the right thing.

And I say until the moment we decide to regionalize this country and let every region manage itself we will not get out of this hole we dug for ourselves.

Even with the regionalism it will not be uhuru but we would be on the right path even if there would be misunderstandings initially amongst kinsmen but I tell you that that would be resolved quicker than this nonsense we say we are practicing.

It's a shame.

4 Likes

Re: BREAKING: Nigeria Officially In Recession, GDP Growth Drops To -2.06% by cjrane: 11:48am On Aug 31, 2016
[size=15pt][b]When Buhari came out with his ill advised economic policy or idea to ration foreign currency, restrict currency one can travel with, ban domiciliary account and selectively give Dangote and few northern business men all the dollars in the CBN coffers claiming they are "essential" national industries, economists warned him that the reaction of the market to such crazy ideas and one-sided restrictions would tilt the Nigerian economy into recession.

Airlines pulled out of Nigeria for inability to repatriate their profits and new investors simply stayed away from Nigeria. While all these were happening, Buhari and his kitchen cabinet simply focused on how to make more money from over taxing Nigerians and spending the scarce millions of dollars looking for oil in the north as his top economic priority. Not minding the price of oil has already crashed and Nigeria had millions of unsold oil cargo every month.

Today, the result of "body language" economics is here with us and it is going to get much much worse unless Buhari hire a team of highly knowledgeable economists to plan Nigeria's recovery and way out of this mess.[/b]
[/size]

7 Likes 2 Shares

Re: BREAKING: Nigeria Officially In Recession, GDP Growth Drops To -2.06% by tuniski: 11:48am On Aug 31, 2016
It is not a surprise at all! To those hoping on a miraculous recovery, economy's not a religious shrine that works with miracles. It takes brains,policies,actions and knowhow on a sustained manner to achieve growth.
Buhari/apc a disaster already happening!

1 Like

Re: BREAKING: Nigeria Officially In Recession, GDP Growth Drops To -2.06% by codedguy1(m): 12:01pm On Aug 31, 2016
tuniski:
It is not a surprise at all! To those hoping on a miraculous recovery, economy's not a religious shrine that works with miracles. It takes brains,policies,actions and knowhow on a sustained manner to achieve growth.
Buhari/apc a disaster already happening!

The sad thing is that buhari does not even have the capacity to find the brains that would formulate and sustain the kind of policies that we need to get out of the quagmire we find ourselves.

He needs to keep his brothers who absolutely nothing about running a govt by his side. Those are the people actually running this country now. Forget Kemi and all the ministers, they can't do nothing.

Somebody is chief of staff and also board member in Nnpc.

3 Likes

Re: BREAKING: Nigeria Officially In Recession, GDP Growth Drops To -2.06% by macolino(m): 12:55pm On Aug 31, 2016
That's Changi
Re: BREAKING: Nigeria Officially In Recession, GDP Growth Drops To -2.06% by Nobody: 1:34pm On Aug 31, 2016
"The National Bureau of Statistics on Wednesday released the much-awaited Gross Domestic Product figures for the second quarter of 2016 with the GDP growth rate sliding further from -0.36 per cent in the first quarter to -2.06 per cent year-on-year."

Useless government embarassed embarassed embarassed

Man-made recession cry
Re: BREAKING: Nigeria Officially In Recession, GDP Growth Drops To -2.06% by Geniro: 2:08pm On Aug 31, 2016
Mynd44, Lalasticlala una good afternoon o!! See wetin Sai Buhari don cause oo !! shocked
Re: BREAKING: Nigeria Officially In Recession, GDP Growth Drops To -2.06% by Godemcee(m): 2:18pm On Aug 31, 2016
apc zombies would ignore this thread,they would rather rant about fayose banning of grazing in ekiti eg floki nd searching4love.they are number one of energy of Nigeria nd God would judge them

1 Like

Re: BREAKING: Nigeria Officially In Recession, GDP Growth Drops To -2.06% by OjukwuWarBird: 2:32pm On Aug 31, 2016
Where is Beremx oooooo grin

What of Tonyebarcanista and Aresa Arresa grin

Oya we need explanation angry
Re: BREAKING: Nigeria Officially In Recession, GDP Growth Drops To -2.06% by Blue3k(m): 3:03pm On Aug 31, 2016
This is pathetic we need structural change and improve infastrure like yesterday.
Re: BREAKING: Nigeria Officially In Recession, GDP Growth Drops To -2.06% by Marcelini(m): 3:35pm On Aug 31, 2016
Arrgh, economy is in recession? What to do is so easy. Just blame GEJ and all is forgiven. grin cheesy

2 Likes 1 Share

Re: BREAKING: Nigeria Officially In Recession, GDP Growth Drops To -2.06% by charliman2012: 4:27pm On Aug 31, 2016
Where is Mbaka........Let him continue
Re: BREAKING: Nigeria Officially In Recession, GDP Growth Drops To -2.06% by Hisduchess(f): 6:24pm On Aug 31, 2016
shakaZuIlu:
no thanks to the bastard illiterate terrorist Daura dullard gworo chewing bastard burukutu sipping monkey presidiot mumuhamado mumuharii commander in thief of useless Buharian arm forces of this useless country coupled with a nonentity charlatan illiterate primary school home economics teacher managing the economy called the useless kemi adeosun the brainless woman.

cc
aresa omenka demdem passingshot midolian ngeneukwenu dropshot modath

bros am officially in love with you.u just used the best word to describe this government of dull.ards

1 Like 1 Share

Re: BREAKING: Nigeria Officially In Recession, GDP Growth Drops To -2.06% by shakaZuIlu: 7:15pm On Aug 31, 2016
Hisduchess:


bros am officially in love with you.u just used the best word to describe this government of dull.ards
kiss
Re: BREAKING: Nigeria Officially In Recession, GDP Growth Drops To -2.06% by Yujin(m): 7:58pm On Aug 31, 2016
cjrane:
[size=15pt][b]When Buhari came out with his ill advised economic policy or idea to ration foreign currency, restrict currency one can travel with, ban domiciliary account and selectively give Dangote and few northern business men all the dollars in the CBN coffers claiming they are "essential" national industries, economists warned him that the reaction of the market to such crazy ideas and one-sided restrictions would tilt the Nigerian economy into recession.

Airlines pulled out of Nigeria for inability to repatriate their profits and new investors simply stayed away from Nigeria. While all these were happening, Buhari and his kitchen cabinet simply focused on how to make more money from over taxing Nigerians and spending the scarce millions of dollars looking for oil in the north as his top economic priority. Not minding the price of oil has already crashed and Nigeria had millions of unsold oil cargo every month.

Today, the result of "body language" economics is here with us and it is going to get much much worse unless Buhari hire a team of highly knowledgeable economists to plan Nigeria's recovery and way out of this mess.[/b]
[/size]
Lol. Nigeria is falling down, falling down falling down, Nigeria is falling my dear zombies.
Re: BREAKING: Nigeria Officially In Recession, GDP Growth Drops To -2.06% by Geniro: 8:08pm On Aug 31, 2016
Lalasticlala where you dey ? undecided

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