Aufbauh:
What an incoherent and disjointed news item....

Hiploko:
the first recession nkor ... Ur god PMB carries a destiny dat causes hardship and recession... Give him 3rd term even with oil @ $2000/barrel...

Aufbauh:


Boy, do find your likes and stay off my mention if you can't comprehend my expression.

What about happy recession? Or do you think everyone is going through the same hell hole as you.

blackpanda:


From ur comment, I doubt u are more than 13yrs. And I dont chat with kids cos they lack the ability to comprehend.

Myself2:


Very brilliant and coherent write up.Only thoroughly brainwashed and acutely deluded zombies will see the write up as otherwise.

kelvee:



http://www.vanguardngr.com/2016/09/buhari-plunged-nigeria-recession/

APC Federal Government spokespersons – Garba Shehu, Femi Adesina, Lai Mohammed, name them – have been blaming the nation’s woes on “16 years of Peoples Democratic Party, PDP, rot”. They said they did not expect the “depth” of the rot they met. Vice President Yemi Osinbajo files in, and blames PDP Federal Government’s failure to save for the rainy day, forgetting that the APC sponsored its governors to oppose Dr. Ngozi Okonjo-Iweala’s proposal for us to save when we had an unrivalled oil boom. They also opposed President Goodluck Jonathan’s plans to deregulate the downstream sector of the economy to free up funds to attack our infrastructural deficit. Jonathan, not being “a Pharaoh” (as he put it) weakly buckled to acts which the opposition deliberately deployed to ensure his downfall.

President Umaru Yar’Adua played a statesman’s trump card through the Amnesty deal, which ended the militancy in the Niger Delta, thus creating a new impetus for us to enjoy more oil boom till the tail end of 2014. When Jonathan assumed office, he embarked on massive infrastructure upgrades nationwide, and this manifested in our airports, roads, rail, investment in power, education (especially tertiary) [b]and of course, democratic reforms that made it possible for a powerful opposition to arise and sweep him from office.[b]

Of course, there was massive corruption during the PDP years, but tell me in which regime since our independence when there was no corruption, even this current Buhari regime? The only difference is that the “enemies” are being targeted, while “friends and acolytes” are being shielded.

So, yes, the recession was caused by our failure to save for a rainy day, but it was a collective failure of the nation. Jonathan cannot escape the blame because as President, he should have stamped his foot down and done what was best for the country, rather than dance to the tune of every Tom and Harry just for him to be elected for a second term.

Yes, we are in recession because of the renewed militancy in the Niger Delta. But who caused it? Before Buhari came in, we had massive oil theft. But when he assumed office and came at governance as if on a vengeance mission, the militancy resumed.

Buhari did not realise the harm he was inflicting on the psyche of the nation when he propounded his “97%/5%” formula, which went against the Federal Character principle in the constitution. He used it to divide the country along political party, religious, regional, ethnic and sectional lines, favouring his kinsmen and supporters while neglecting those who did not support him.

Not only that, he mobilised the agencies of state security to go after his perceived opponents in a one-sided anti-corruption war which only emphasised the return of allegedly looted funds. He did not make it a holistic affair. Some individuals who felt the system was blindly and vengefully after them returned to militancy and plunged the economy deeper into recession. Security threats expanded, from Boko Haram alone in 2015 to new fronts (the Niger Delta Avengers, armed Fulani herdsmen, Indigenous People’s of Biafra/MASSOB protests, and the Shiites uprising in Kaduna).

Aufbauh:


Boy, do find your likes and stay off my mention if you can't comprehend my expression.

What about happy recession? Or do you think everyone is going through the same hell hole as you.

nnachukz:
The marked Z.... who dominate the displayed republic will not like this news. In fact they won't see anything in it they can relate with even if you write it in bold. Praises and Worship to their god dullardoo is what they easily take note of miles away.

sanandreas:
What pains me most is that some zombies are too blind to see. Happy recession.

Aufbauh:


Boy, do find your likes and stay off my mention if you can't comprehend my expression.

What about happy recession? Or do you think everyone is going through the same hell hole as you.

blackpanda:


Shut up and grow up!

Aufbauh:
What an incoherent and disjointed news item....

kelvee:



http://www.vanguardngr.com/2016/09/buhari-plunged-nigeria-recession/

Deen77:


Thank you.

kelvee:



http://www.vanguardngr.com/2016/09/buhari-plunged-nigeria-recession/

Standing5:
Thought It was me alone who found the piece incoherent. These people like to heap the blame of reccesion on anything Buhari touches but forget Oil price crash and lack of savings/investment is 80% responsible for negative economic effect. Nigeria spent $217B to defend the Naira between 2002 and 2014. That could av easily built 16 of the kind of refinery Dangote is building to take our refining capacity to 10million barrel per day. Selling two or three of those will easily bail us out of any stupíd recession for 5 years minimum.

blueto:
Very silly. here are the words of your vice president, signifying that activities of the NDA are Solely responsible for recession. [/url] so are you saying he is wrong, goofy and intellectually inept to have based the sole cause of the recession on the belligerency of the NDA??

nnachukz:
The marked Z.... who dominate the displayed republic will not like this news. In fact they won't see anything in it they can relate with even if you write it in bold. Praises and Worship to their god dullardoo is what they easily take note of miles away.

kelvee:



http://www.vanguardngr.com/2016/09/buhari-plunged-nigeria-recession/

magoo10:
simply put buhari is unfit to rule a complex society as Nigeria in this present clime,

anybody who thinks otherwise should have his or her brains checked

Myself2:


Very brilliant and coherent write up.Only thoroughly brainwashed and acutely deluded zombies will see the write up as otherwise.