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Nairaland Forum / Nairaland / General / Politics / Under Buhari, Naira Now Africa’s Worst Currency – Ekweremadu (1080 Views)
Jonathan's N100 Note: Nigeria's Worst Currency - Muslim Group / Under Buhari, Naira Now Africa’s Worst Currency – Ekweremadu / Under Buhari, Naira Now Africa’s Worst Currency – Ekweremadu (2) (3) (4)
Under Buhari, Naira Now Africa’s Worst Currency – Ekweremadu by Botango23(m): 10:15pm On Feb 20, 2017 |
The Deputy President of the Senate,
Senator Ike Ekweremadu , on Monday,
took a swipe at the All Progressives
Congress administration led by
President Muhammadu Buhari , saying
the economy has suffered more crisis
under the new government.
Ekweremadu said this at the Peoples
Democratic Party’ s national
stakeholders’ meeting held at the Ekiti
State Governor’s Lodge , Asokoro,
Abuja, on Monday.
The Deputy Senate President, while
decrying the worsening economic
conditions of the country , alleged that
“ all APC promises had been kept in the
reverse order .”
He was quoted by his Special Adviser
on Media , Mr Uche Anichukwu , as
saying , “ They told us that one US
dollar would be one naira when they
take over. Has that happened ? Today,
our currency is the worst currency in
the whole of Africa . Is that the type of
democracy we looked forward to ? I
can see a situation where the price of
oil is going up and the value of naira
is going down . What type of economics
is that?”
Ekweremadu , however, enjoined PDP
faithful to remain strong as the party
would “ work with Nigerians to restore
true democracy and hope to our
people.”
He said , “ I believe that with
determination and sticking together ,
we will triumph and Nigeria will be
better for it.”
The Deputy Senate President also
condemned what he described as the
manipulation of vital institutions of
democracy and radical decline of
democratic freedoms in Nigeria .
He also said the solidarity of all key
organs of the PDP for the Senator
Ahmed Makarfi- led National Caretaker
Committee , despite the recent
judgment of the Court of Appeal on the
party’s leadership tussle , showed that
“ it is not the hood that makes the
monk.”
Ekweremadu , while condemning the
sealing of the International
Conference Centre, Abuja, the earlier
announced venue of the meeting, by
the security agencies , said that “ such
flagrant manipulation of critical
institutions of democracy is not only
dangerous ,
but bad news for the nation’s
democracy .”
He said , “ We are aware that all the
institutions of democracy are being
manipulated and harassed in this
country . The National Assembly and
the press are not left out . The
Independent National Electoral
Commission has been captured and
now a part of the APC . Our judiciary is
being insulted and assaulted every
day. Their houses are being attacked
very late at night and the judges are
being harassed .
“ So, we are not surprised at what we
are seeing today (sealing of meeting
venue )? But what remains is for us to
remain resolute .”
The Deputy Senate President expressed
his displeasure at what he described as
the rising political persecution in the
country .
He said , “ If you look around this room ,
you will see a lot of people who are
being harassed, persecuted and taken
to court. What is their offence ? They
claim they allegedly received stolen
property, yet , nobody has been
arraigned for the actual stealing . As a
lawyer, I know that if you are being
arraigned for receiving stolen
property, you must first of all arraign
the man who stole the property. That
is not so in our own case . Is that
democracy ?”
Ekwememadu urged party members to
remain resolute and protect the soul of
the PDP and the nation’s democracy ,
insisting that the party leaders were
made by the party faithful and could
never be imposed from the outside .
He said , “ We have heard there was a
judgment in Port Harcourt . Now , those
who benefitted from the judgment ,
where are they ? Are they with our
former ministers ? Are they with our
National Assembly members ? Are they
with our governors ? Which organ of
the party are they with or is with
them ? The truth is that it is not the
hood that makes the monk .” 1 Like 1 Share
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Re: Under Buhari, Naira Now Africa’s Worst Currency – Ekweremadu by Amiano(m): 10:26pm On Feb 20, 2017 |
Reverse gear economy 2 Likes 1 Share |
Re: Under Buhari, Naira Now Africa’s Worst Currency – Ekweremadu by DozieInc(m): 10:35pm On Feb 20, 2017 |
. 1 Like 1 Share |
Re: Under Buhari, Naira Now Africa’s Worst Currency – Ekweremadu by Nobody: 10:38pm On Feb 20, 2017 |
hmmm... Na so! 1 Like 1 Share |
Re: Under Buhari, Naira Now Africa’s Worst Currency – Ekweremadu by bochy: 10:39pm On Feb 20, 2017 |
God help us 1 Like 1 Share |
Re: Under Buhari, Naira Now Africa’s Worst Currency – Ekweremadu by fallout87: 10:41pm On Feb 20, 2017 |
He's not lying. It took two years for APC to do damage which PDP couldn't do in 16. 5 Likes 1 Share |
Re: Under Buhari, Naira Now Africa’s Worst Currency – Ekweremadu by naijaboy756: 10:42pm On Feb 20, 2017 |
The paid Zombie staff of Buhari media center are yet to see this thread. They would soon come,raise the blame,put on their kpololo skulls and move to Jonathan's feet... Madridguy,Sarki,Passingshi,Jesuslovesyou,Omenka etc 3 Likes 1 Share |
Re: Under Buhari, Naira Now Africa’s Worst Currency – Ekweremadu by 1shortblackboy: 11:17pm On Feb 20, 2017 |
naijaboy756:what if buhari became president in 1999 after all those years of military rule...... clueless nigga |
Re: Under Buhari, Naira Now Africa’s Worst Currency – Ekweremadu by chuka5000(m): 11:17pm On Feb 20, 2017 |
oil prices going up and economy going down I Don tire for zombies |
Re: Under Buhari, Naira Now Africa’s Worst Currency – Ekweremadu by naijaboy756: 11:20pm On Feb 20, 2017 |
1shortblackboy:see your psychiatrist 3 Likes |
Re: Under Buhari, Naira Now Africa’s Worst Currency – Ekweremadu by BlackMbakara1(m): 11:22pm On Feb 20, 2017 |
Another Joker spewing thrash...where were you when one idiot was gifted with 9.8M dolls and all he could do is hide the money without investing? If that idiot that is not a minister or a senator can have that, how much more a minister or a senator would have and possibly where the money will be hidden? Is the deputy senate president not part of this government or he's in another government? My prayer is for trump to redesign american dollar so all the thieves that have stashed monies in their various houses and soakaway will bring it out and quench the heavy demand... #OurMumuDonDo 1 Like 1 Share |
Re: Under Buhari, Naira Now Africa’s Worst Currency – Ekweremadu by music4me(m): 12:04am On Feb 21, 2017 |
It cant be as bad as zimbabwe currency,U actually need a truckload of it to buy ordinary bread... |
Re: Under Buhari, Naira Now Africa’s Worst Currency – Ekweremadu by kolado(m): 12:35am On Feb 21, 2017 |
You cannot put something on nothing and expect it to stand. |
Re: Under Buhari, Naira Now Africa’s Worst Currency – Ekweremadu by mykelmeezy: 1:44am On Feb 21, 2017 |
BlackMbakara1: keep quiet there put blaming aside more so a gmn of nnpc have more access to usd than senators or reps BlackMbakara1: don't get me wrong those looters play their part n the lightning that will kill them is getting gangra*ed in thunder & lightning max.prison but don't blame anybody but buhari n his current policies for the present scarcity dollar isn't really scarce there is just massive hoarding by banks so they make profit else how will dollar scarcity hit a bank in Victoria island/asokoro but one abokki in zamfara has dollars 24/7 those who are making profit are making huge profits n that my Friend is the biggest scam/corruption in this government |
Re: Under Buhari, Naira Now Africa’s Worst Currency – Ekweremadu by mykelmeezy: 1:45am On Feb 21, 2017 |
simple fact...let no zombie try blame past admin its 80% buharis fault too many try n hope it works policies |
Re: Under Buhari, Naira Now Africa’s Worst Currency – Ekweremadu by BlackMbakara1(m): 4:49am On Feb 21, 2017 |
mykelmeezy: I'm entitled to my own view and opinion so also you. In your heart of heart, you've made a point right? Next time be civil on how you mention someone...your not in any position to tell me to keep quiet. For the fact you have access to keyboard and free data doesn't give you room to behave like someone from the bush. Be guided! |
Re: Under Buhari, Naira Now Africa’s Worst Currency – Ekweremadu by dubemnaija: 5:46am On Feb 21, 2017 |
BlackMbakara1: Ur opinion here is baseless 2 Likes |
Re: Under Buhari, Naira Now Africa’s Worst Currency – Ekweremadu by loopmangoat(m): 11:01am On Feb 21, 2017 |
Truth 1 Like |
Re: Under Buhari, Naira Now Africa’s Worst Currency – Ekweremadu by Goke7: 11:26am On Feb 21, 2017 |
is Ekweremadu not a part of the leadership of this present administration? This man is politically naive sha! |
Re: Under Buhari, Naira Now Africa’s Worst Currency – Ekweremadu by ezenaija(m): 11:44am On Feb 21, 2017 |
Another ignorant comment from an ignorant PDP leader! Make EFCC contact me, I go give the names of Ekweremadu's money launderers in Dubai and Lagos. Make him own contribution to our economic hardship become public knowledge. |
Re: Under Buhari, Naira Now Africa’s Worst Currency – Ekweremadu by mykelmeezy: 11:48am On Feb 21, 2017 |
BlackMbakara1: cry me a river i pay for my internet if where i am is a bush ill rather stay here bush with 24/7 basic amenities is better than your shitthole so yea i have the right to tell every irrelevant opinion to shut up |
Re: Under Buhari, Naira Now Africa’s Worst Currency – Ekweremadu by owobokiri(m): 11:51am On Feb 21, 2017 |
I just hope everybody has learnt one or two lessons from this.. |
Re: Under Buhari, Naira Now Africa’s Worst Currency – Ekweremadu by sosy25: 12:21pm On Feb 21, 2017 |
Part of this scarce foreign exchange has been used by several politicians to visit Buhari in the United Kingdom Part of this scarce foreign exchange has been used to pay British doctors for the past one month by Buhari. Part of this scarce foreign exchange has been used to cover Buhari's expenses in the United Kingdom for the past one month. Part of this scarce foreign exchange is also lost to corruption. Politicians in both PDP and APC have stolen billions of naira and when they steal they convert it to US Dollar and keep or in the case of Andrew Yakubu (PDP) they steal US Dollars directly and keep in a slum. The current Secretary to the Government of the Federation, Babachir David Lawal (APC) used 250 million naira to cut grass. A large part of this 250 million naira would have been stolen and converted into US Dollars and kept somewhere. When you add the amounts stolen by Diezani Allison-Madueke (PDP) and the $15 million stolen by Patience Jonathan (PDP) and the one Burutai (APC) stole and converted to US Dollars and used to buy houses in Dubai and all the large sums judges have used to buy US Dollars you would know that there would always be demand pressure on the US Dollar. With all these, foreign exchange would always be scarce. We who are not in government and are not thieves have to earn our own foreign exchange and stop depending on the CBN or BDC's. If you want to earn your own foreign exchange check my signature. |
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