XaintJoel20:
This columnist should go and learn how to communicate with the much needed audience. He/she should know that being a columnist is not an avenue to show one's prowess in the Queen's language when its not need.



Too many unnecessary vocabularies..

Seconded


in other words, the long epistle of how Nigeria was amalgamated into this economy recession posted by the OP and the summary of it is that,



KemiAdeosun Is simply clueless

She's a mugu

Ordinarily, Abati should be ignored. But since he is a
prominent partaker in the collective irresponsibility of the
past that contributed to the present misery , his lack of
contriteness is particularly irritating. Left unchecked the
prodigals, unremorseful and unrepentant, will make a re-
entry through the window grief and desperation . When
you deliberately refrain from speaking out against the
Avengers, you must let innocent others, battered by the
effects of their economic sabotage, grieve. Mockery must
be for those whose acquisitive instincts tucked billions
under the beds of their cooks and seamstresses. Abati
must take them to the brothels to see the new price lists,
to see how the girls now work for nothing.

This is the biggest fraud. Once out of office, they render sermons to whitewash their repulsive mindlessness. I remember the days of Patito's Gang, when he sounded like the best thing that ever came of the country.

FunkyMetahuman:
Only adeosun can save this economy destroyed by noi and her zero will to diversify Or save.

She did it in Ogun, she can do it again.

Only Ipod Osus disagree

dunkem21:
All I know is that NOI is a genius

With the padded economy she left behind and arranged barbaric looting? Everybody will not be gullible.

FunkyMetahuman:
Only adeosun can save this economy destroyed by noi and her zero will to diversify Or save.

She did it in Ogun, she can do it again.

so you are comparing Ogun to Nigeria abi?

She is a zobo

ChessEnthusiast:

Genius, who couldn't save for the rainy days even when oil sold at an all time high of $100/bbl for five consecutive years, Genius who borrowed money to pay salaries at the eve of their exit, Genius who couldn't abide by business ethos, genius who turned Nigeria treasury to ATM, genius who couldn't operate a transparent economy, genius who reeled out false statistics to deceive gullible Nigerians that the economy was booming, genuius who couldn't do the honorable thing - to resign when evidence of corruption under her boss was glaring, genius who handed over a bastardized economy even when she enjoyed an oilnprice era, genius who couldn't manage the economy in a period of oil boom, genius who couldn't do they basic thing - to save for the rainy days, genius who watched and kept mum while our treasury was looted and stashed away in foreign countries, genius who disbursed money to Alibaba and the forty thieves from FG coffer.

My friend, which genius do you talk of?

An overfed, fat, ineffectual, over-hyped buffon is no "genius"

No doubt, she has all the pedigree and has carved a niche for herself in the global village, but she failed woefully in her duty during Gej's administration.

the same genius your fashola and amaechi refused to let save so that they would have dollars for buhari's campaign
youwin,tsa all her doing
u still want more?
you kids should watch it b4 u talk ejo
history is always arnd

androidroot:
Ajibutter pikin wey Sabi speak big man english wey no get power. very artificial woman.. She's not updated.. She gat nothing to offer to the economy.

Frustrated and tribalist dude.

Leez:

the same genius your fashola and amaechi refused to let save so that they would have dollars for buhari's campaign
youwin,tsa all her doing
u still want more?
you kids should watch it b4 u talk ejo
history is always arnd

You get time to answer dundees..

Somebody handed over a buoyant economy only for it to be recessed and zombies are here speaking jargons

orisa37:
In other words, Kemi Adeosun was right for telling Emefiele to lower interest rates and make cheap loans available for Agriculture, Infrastructure and other Investments that will create employment, pay wages and provide money to buy goods and services.

Did see the CBN reply to her request? Just go through it and know who is right.

olajizz01:
Frustrated and tribalist dude.

Do I look hungry? Get a life. What's trabalistic about my post?? Stop please.

temptnow:
so you are comparing Ogun to Nigeria abi?

its about track record


Who else has her track record?

XaintJoel20:
This columnist should go and learn how to communicate with the much needed audience. He/she should know that being a columnist is not an avenue to show one's prowess in the Queen's language when its not need.



Too many unnecessary vocabularies..

. While reading, i become more concerned about the grammar than the message. He lost it

Srallens:
. While reading, i become more concerned about the grammar than the message. He lost it

Exactly!
He missed it.

[s]

magicminister:


hahaha!
Ngozi outclasses and outshines Adeosun in all ramfications.
Adeosun is only POORLY consolidating policies initiated by NOI.
TSI that was supposed to be a gradual process was hastened by Adeosun in order to score cheap points.
Look where it got us!

Even the necessity fuel subsidy removal was something NOI saw as far back as 2012.
Nigerians protested and blatantly rejected the subsidy removal.

What about the youwin iniative that empowered thousands of youths. It was one of the most transparent empowerment program in the history of Nigeria...

Please stop comparing NOI to adeosun
Adeosun is not even close to being a poor man's Ngozi okonjo iweala.

[/s]right..

Even diversification was her idea
Just like every achievement is Jonathans achievement



We could see how well diversified our economy is..

Why didn't she start her gradual TSA before she left?

And who are the beneficiaries of you win? Pdps polictician.

If noi did so great, we won't be crying now..

Keep hyping mediocrity in the name of bigotry.
I will hype track record.

FunkyMetahuman:
Only adeosun can save this economy destroyed by noi and her zero will to diversify Or save.

She did it in Ogun, she can do it again.

How come Ogun is one of the most indebted States in Naija.
How come it's one of the least financially cl viable states?
How come it has been bailed by FG a couple of times?

Leez:

the same genius your fashola and amaechi refused to let save so that they would have dollars for buhari's campaign
youwin,tsa all her doing
u still want more?
you kids should watch it b4 u talk ejo
history is always arnd

Read the trash you wrote kid. You have no business being in a place when you feel you're being limited rather than stay put earning fat salary while you're doing nothing. No one but yourself can prevent you from excelling. Failures always find excuses while they fail. they heap the blame on everyone but themselves.

My friend, bury your head in shame and accept the fact that your local champion ineffectual buffoon failed woefully. It is a shame really that Nigeria had so much coming in as revenue and your NOI with her fellow co-looters wacked everything in the cookie jar. It's pathetic that a person of her pedigree couldn't supervise an oil boom.

The governors were right to demand for their share when they knew that if they hadn't demanded for it, it would have found its way as usual into the hands of Alibaba and the forty thieves.

What happened to the FG's share (51 percent)? Where did it go to? Of course you know where.

P. S:
FYI: NOI did zilch. With that oil price(110 dollars to a barrel), Nigeria economy was on auto pilot. Everything fell in place!
It took a plummeting oil price to expose the carelessness and ineptitude of your local champion.

frenchwine:

Obviously the economy bled uncontrollably due to policy somersaults, sluggish policy formulation and dithering, badmouthing the economy by our President among others.
Knowing the cause of a problem is halfway into solving it.
I don't know why it's too difficult for zombies to understand simple macroeconomic principles

Illiteracy is really a disease. You lack basic understanding of issues and circumstances around the recession.
You attributed the recession to "policy somersaults, sluggish policy, badmouthing". This is laughable honestly. You should demand a full refund of your school fees.
You tacitly, deliberately, ignorantly or stupidly closed your eyes to the main cause which is as a result of the nosedive in oil prices (the main forex earner) for the country coupled with many years of wastefulness, corruption and inability to had Proactively prepared for an oil doom.
Yet you blame a government less than 2 years for the recession while you exonerated the previous govt and gave them a clean bill. Shame on you. Your lies are mind boggling.

BigIyanga:

How come Ogun is one of the most indebted States in Naija.
How come it's one of the least financially cl viable states?
How come it has been bailed by FG a couple of times?

Lagos is the most indebted state after Nigeria



Stop throwing nonsense stat from your anus around



Yaradua left 3billion debt
Jonathan/ NoI increased it to 47 billion dollars which proves further that noi was a complete failure despite the Hugh amount of crude of sales.



The external debt profile of states has shown that Lagos State has the highest with a profile of $1.087 billion, followed by Kaduna State with a total of $234 million. Cross River State followed closely with an external debt profile of $131.469 million. Other states with relatively large external debt are Edo $123 million, Ogun $109 million, Bauchi $87million, Enugu $62 million, Katsina $78 million, Osun $67 million and Oyo State $72 million.
federal Government’s domestic debt on the other hand stood at $47.05 billion or N7.9 trillion, while those of the states stood at $10.97 billion or N1.708 trillion. Federal Government’s domestic debt is made up of N4.792 trillion bonds, N2.815 trillion Treasury bills and N296.2 billion treasury bonds.
According to figures published by the Debt Management Office in Abuja, the total debt stock of the Federal Government and the 36 states of the federation including the Federal Capital Territory amounted to N11.243 trillion or $67.726 billion. States and the Federal Capital Territory as at 31st December 2014, had a domestic debt profile of N1.707 trillion or $10.967 billion.


http://www.vanguardngr.com/2015/04/fgs-external-debt-states-debt-profile-on-the-rise/

FunkyMetahuman:
Only adeosun can save this economy destroyed by noi and her zero will to diversify Or save.

She did it in Ogun, she can do it again.

Nigerians are extraordinary Facts are no barrier, a mere inconvenience, to making unfounded assertions. Only in Nigeria would the person who managed a state's finances - Adeosun was finance commissioner from 2011 to 2015 - culminating in it requesting for a bailout be hailed for the manner in which those finances were handled:

ABEOKUTA—Ogun State House of Assembly, yesterday, granted approval to Governor Ibikunle Amosun’s request to obtain N14.16 billion from the Federal Government Budget Support Facility to the States of the Federation. The facility was meant to provide financial support to the States with a view to positioning them to navigate the present economic challenges and meet the obligations of staff, pensioners and other stakeholders.

Read more at: http://www.vanguardngr.com/2016/06/ogun-assembly-approves-n14-1bn-bail-amosun/

Most of these people will quite happily tell you that GEJ mishandled high oil prices (a sentiment I completely agree with), but strangely seem prepared to ignore mishandling at the state government level (bear in mind that state finance commissioners like Adeosun were at the receiving end of FAAC allocations which were at record highs for most of 2011-2015).

It is the mystery of Naija selective outrage! It is like Buhari critics who tell you that he is irresponsible for not dealing with the Fulani herdsmen menace whilst at the same time absolving GEJ of blame for not dealing with the kidnap of the Chibok girls (they even deny it happened!).

dunkem21:


You get time to answer dundees..

Somebody handed over a buoyant economy only for it to be recessed and zombies are here speaking jargons

Coward, who couldn't muster the courage to debunk the issues raised and ran to hide behind another iPod yoot coward. She handed a buoyant economy - only in your wildest imagination.

FunkyMetahuman:
Lagos is the most indebted state after Nigeria

Stop throwing nonsense stat from your anus around

Yaradua left 3billion debt
Jonathan/ NoI increased it to 47 billion dollars which proves further that noi was a complete failure despite the Hugh amount of crude of sales.

http://www.vanguardngr.com/2015/04/fgs-external-debt-states-debt-profile-on-the-rise/

Nonsense stats indeed - the irony. So Nigeria had only $3billion in debt when Yar'Adua died and it suddenly increased to $47billion under GEJ? A cursory search of the internet will reveal it is nonsense: Nigeria had a total public debt of $21.8 as of December 2009 (see page 17 of the PDF in the link)

[url]http://www.dmo.gov.ng/oci/publications/docs/2010%20Debt%20Sustainability%20Analysis%20(DSA)%20Report.pdf[/url]

You are conflating external loans, which were at circa $3.5bn when GEJ took over and circa $9.5bn when he left, with the total debt stock. I can't tell if you are doing it to mislead or just out of ignorance.

PS: My link doesn't seem to work. You can look up the 2010 Debt Sustainability Analysis released by the Debt Management Office of Nigeria

XaintJoel20:
This columnist should go and learn how to communicate with the much needed audience. He/she should know that being a columnist is not an avenue to show one's prowess in the Queen's language when its not need.



Too many unnecessary vocabularies..

seriously.I did not enjoy the piece at all.I lost interest and stopped reading.Bad communication.

All this one na unnecessary English....long story!

Recession is when businesses are closing up and people are losing jobs on a massive scale. Where all business are declaring massive losses. Where prices have risen and people can barely afford the basic amenities. Since you don't like Abatis explanation, here is mine.

As for Kemi, we all know she isn't capable of handling the position given to her. She is all mouth, always giving vague speeches on what should be done but till now, we haven't seen anything that she has done.

Kemi still thinks this is a conventional career job.


It's politics.......... baby!

Please how true about the recruitment in Bahamas oil and gas?

4Play:


Nonsense stats indeed - the irony. So Nigeria had only $3billion in debt when Yar'Adua died and it suddenly increased to $47billion under GEJ? A cursory search of the internet will reveal it is nonsense: Nigeria had a total public debt of $21.8 as of December 2009 (see page 17 of the PDF in the link)
http://www.dmo.gov.ng/oci/publications/docs/2010%20Debt%20Sustainability%20Analysis%20(DSA)%20Report.pdf

You are conflating external loans, which were at circa $3.5bn when GEJ took over and circa $9.5bn when he left, with the total debt stock. I can't tell if you are doing it to mislead or just out of ignorance.

PS: My link doesn't seem to work. You can look up the 2010 Debt Sustainability Analysis released by the Debt Management Office of Nigeria

Lmao... Its funny how ignoramus is calling someone else ignorant even when the facts is slapping him in his face.

Firstly,
The link you posted doesn't exist.. If you want prove facts wrong, do it with another verifiable fact.

Nigeria debt profile rose from 3billion 47billions dollars excluding the states.
I didn't write it.. Take whatever complain you have with vanguard and all other media houses who wrote the same thing

ChessEnthusiast:

Read the trash you wrote kid. You have no business being in a place when you feel you're being limited rather than stay put earning fat salary while you're doing nothing. No one but yourself can prevent you from excelling. Failures always find excuses while they fail. they heap the blame on everyone but themselves.

My friend, bury your head in shame and accept the fact that your local champion ineffectual buffoon failed woefully. It is a shame really that Nigeria had so much coming in as revenue and your NOI with her fellow co-looters wacked everything in the cookie jar. It's pathetic that a person of her pedigree couldn't supervise an oil boom.

The governors were right to demand for their share when they knew that if they hadn't demanded for it, it would have found its way as usual into the hands of Alibaba and the forty thieves.

What happened to the FG's share (51 percent)? Where did it go to? Of course you know where.

P. S:
FYI: NOI did zilch. With that oil price(110 dollars to a barrel), Nigeria economy was on auto pilot. Everything fell in place!
It took a plummeting oil price to expose the carelessness and ineptitude of your local champion.

Bros, the highlighted interested me. Are you saying some of the governors were right to have opposed vehemently opposed the creation and expansion of the Sovereign Wealth Funds?

Too much of Dr. Johnson's lexicon words.