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How Buhari Got Nigeria Out Of Recession - Lai Mohammed - Politics (2) - Nairaland

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Re: How Buhari Got Nigeria Out Of Recession - Lai Mohammed by Juliojoe: 12:49pm On Sep 07, 2017
Yea he did from abroad
Re: How Buhari Got Nigeria Out Of Recession - Lai Mohammed by biomustry: 12:49pm On Sep 07, 2017
They wee star now[center][/center]
Re: How Buhari Got Nigeria Out Of Recession - Lai Mohammed by shedy03(m): 12:49pm On Sep 07, 2017
me still waiting for fuel at N40/litre as promised. lol
Re: How Buhari Got Nigeria Out Of Recession - Lai Mohammed by Nobody: 12:49pm On Sep 07, 2017

1 Like

Re: How Buhari Got Nigeria Out Of Recession - Lai Mohammed by win2kwire: 12:49pm On Sep 07, 2017
Lai Mohammed is actually worse than one time Iraqi information minister, Muhammad Saeed al-Sahhaf!


https://www.youtube.com/watch?v=yfAeMtcURg0
Re: How Buhari Got Nigeria Out Of Recession - Lai Mohammed by iKnowevents(m): 12:49pm On Sep 07, 2017
Lol months of hardwork from the London vacation.

Na market, and naira buying power will tell us recession don end, not analysis.

We adapted to recession.
Re: How Buhari Got Nigeria Out Of Recession - Lai Mohammed by sebeydiah(m): 12:49pm On Sep 07, 2017
Na lie go kill ypu foolish old man

2 Likes

Re: How Buhari Got Nigeria Out Of Recession - Lai Mohammed by Redhot111(m): 12:50pm On Sep 07, 2017
Liar mohamed, I don't knw wat u are talking about. But one thing is sure, until prices of things return yo what it use to be B4 guys took over governance, I will not agree with with anyone dat we are actually out old recession.

1 Like

Re: How Buhari Got Nigeria Out Of Recession - Lai Mohammed by prewtyjulie(f): 12:51pm On Sep 07, 2017
Oga u are lying, na from UK na him bubu do all dis, pls give honor to whom it's due.
Na osinbanjo try

1 Like

Re: How Buhari Got Nigeria Out Of Recession - Lai Mohammed by Itzurboi(m): 12:51pm On Sep 07, 2017
Its Dj Lai on the wheel of steel.... #the party don start
Re: How Buhari Got Nigeria Out Of Recession - Lai Mohammed by yinkslinks(m): 12:51pm On Sep 07, 2017
How cus I remembered he was sick
Thebest12:
The Minister of Information and Culture, Lai Mohammed, has explained how the administration of President Muhammadu Buhari got Nigeria out of recession.

RationalTV..com learnt that Mohammed, while speaking with the press, said the country was able to exit the recession that lasted for more than a year because of the efforts put in by the Buhari government.

He stated that the 0.55% growth in the Gross Domestic Product (GDP) in the second quarter of 2017, was one of the major things that got the nation out of recession, Daily Post reports.

He said:“Taking Nigeria out of recession did not happen by accident. It is the culmination of months of hard work by the Administration and fidelity to its well-articulated economic policies, especially the Strategic Implementation Economic Recovery (2016) and the Growth Plan (ERGP) that was launched on 5th April, 2017.

“This positive growth is attributable to both the oil and non-oil sectors of the economy. Growth in the oil sector, which has been negative since Q4 2015, was positive in Q2 2017. It rose by 1.64% as compared to -15.60 in Q1 2017, an increase of up to 17 percentage points.

“The non-oil sector grew by 0.45% in Q2 2017, a second successive quarterly growth after growing 0.72% in Q1 2017. In particular, improvement in the non-oil sector was driven principally by strong growth in agriculture and solid minerals sector, and reversal in the previous contraction of the manufacturing and construction sector. This shows that the government’s economic diversification programme is working."

Other positive developments listed by the minister are:

1. A fall in the inflation rate from 18% to 16% as of July 2017

2. The rise in exports, coupled with a decrease in imports, which brought the country’s trade balance to N719.4 billion, up from N671.3 billion

3. Increase in capital inflow that brought the total value of capital imported into Nigeria in the second quarter of 2017 to $1,792.3 million, representing a growth of 95.02 percent

4. Increase in foreign reserves to a 30-month high of $31.8 billion in July 2017

5. Appreciation in exchange rate from N520/$ as at 20 February 2017 to N362/$ as at 17th August 2017


Meanwhile, RationalTV..com reported earlier that Governor Ayodele Fayose of Ekiti has reacted to news that Nigeriawas out of recession, describing it as inaccurate.

In a statement signed by his spokesperson, Lere Olayinka, on Wednesday, September 6, the Ekiti governor claimed the statistics upon which the claim was based is meaningless to Nigerians.

He said that the reality is that Nigerians are suffering and dying, with foods out of their reach and no amount of economic statistics will make meaning to people who cannot afford to eat once daily.

.
Source: http://RationalTV..in/2017/09/rationaltv-lai-mohammed-reveals-how.html
Re: How Buhari Got Nigeria Out Of Recession - Lai Mohammed by Nobody: 12:51pm On Sep 07, 2017
Who allow these men to talk again.
Re: How Buhari Got Nigeria Out Of Recession - Lai Mohammed by KingOfThePay(m): 12:57pm On Sep 07, 2017
APC is useless
Re: How Buhari Got Nigeria Out Of Recession - Lai Mohammed by Boyooosa(m): 12:57pm On Sep 07, 2017
eyeview:
A recession which they dug us into.

Please, i no go school ooo. But has the price of rice come down in your areas? Has dollar dropped to N200's? Has fuel come under N100/litre? Has their been drop in the price of basic commodities? Someone should explain to me
Inflation dd not suffice the day they announced recession, so is the same way normality will take its shape... Its all about time and consistence

1 Like

Re: How Buhari Got Nigeria Out Of Recession - Lai Mohammed by ephraimite20(m): 12:59pm On Sep 07, 2017
[color=#990000][/color] lol who took the country in recession
Re: How Buhari Got Nigeria Out Of Recession - Lai Mohammed by Nobody: 1:01pm On Sep 07, 2017
Even devil sef go de fear this man by now.
Re: How Buhari Got Nigeria Out Of Recession - Lai Mohammed by Royalfurnitures: 1:01pm On Sep 07, 2017
Good you have told us how he got Nigeria out, please tell us how he got Nigeria unto it in the first place


Check out my signature for quality and durable furniture
Re: How Buhari Got Nigeria Out Of Recession - Lai Mohammed by deebrain(m): 1:02pm On Sep 07, 2017
This man don start.
Re: How Buhari Got Nigeria Out Of Recession - Lai Mohammed by uncommonfish: 1:02pm On Sep 07, 2017
osibanjo got nigeria out of recession not buhari.
Re: How Buhari Got Nigeria Out Of Recession - Lai Mohammed by RillJ(m): 1:03pm On Sep 07, 2017
1. A fall in the inflation rate from 18% to 16% as of July 2017 - Tell me about it when a bag of rice is back to 7K, a cartoon of Noodle 1k, PMS N87 etc

2. The rise in exports, coupled with a decrease in imports, which brought the country’s trade balance to N719.4 billion, up from N671.3 billion - What do we really manufacture for export? Tell me the number of people that have been removed from the unemployment market.

3. Increase in capital inflow that brought the total value of capital imported into Nigeria in the second quarter of 2017 to $1,792.3 million, representing a growth of 95.02 percent. - Not up to 1% of the capital flight that happened 2015/2016.

4. Increase in foreign reserves to a 30-month high of $31.8 billion in July 2017 - U have added $1.8 billion to the $30billion you met in the reserve in 2015 right?

5. Appreciation in exchange rate from N520/$ as at 20 February 2017 to N362/$ as at 17th August 2017 - How did we skyrocket N520/$ in the first case?

We certainly deserve better sir.

1 Like

Re: How Buhari Got Nigeria Out Of Recession - Lai Mohammed by ofuonyebi: 1:08pm On Sep 07, 2017
This news is better than publishing the billions of dollars debt owed by Nigeria.

This one makes our blood pressure to balance a bit...but don't allow us to hear any

negative tomorrow about this again..ooo
Re: How Buhari Got Nigeria Out Of Recession - Lai Mohammed by dondavinchi(m): 1:09pm On Sep 07, 2017
dotcomnamename:
If not for Buhari, Jagaban Tinubu, Amaechi and APC, that clueless criminal called Badluck Jonathan and his crew would have sold Nigeria.

God bless PMB
God bless Amaechi and Jagaban
God bless Nigeria
ur stupidity nor get part 2
Re: How Buhari Got Nigeria Out Of Recession - Lai Mohammed by AWOisaCOWARD: 1:11pm On Sep 07, 2017
fmlala:
Early 2016, National Bureau of Statistics (NBS) and Finance Minister say Nigeria is officially in economic recession....

Then Wailers responded with a thunderous applause, not minding the fact that their heroes and heroines looted and plundered the country into recession....

* September 2017, National Bureau of Statistics (NBS) and Finance Minister say Nigeria is officially out of economic recession....

Then Wailers are now responding with a thunderous wailing of disapproval and rejection.... They love bad news, and they hate good news, especially if it has to do with PMB and Nigeria! They believed the NBS and the Finance Minister then, but they don't believe the NBS and the Finance Minister now!

Poor Wailers, they don't know and understand that our getting out of economic recession is a function of the swelling up of our foreign reserves in spite of the fact that oil still sells at less than $50 per barrel, and which means the blockage of leakages and the anti corruption war have been remarkably successful after all. And it also means PMB's Economic Team, headed by Vice President Yemi Osinbajo, is a sound team!

The swelling up of our foreign reserves means the Naira will now maintain its momentum of recovery against other foreign currencies, which will further translate into gradual but steady fall in prices of goods and services. So, if you are out there wailing that this announcement has not changed the prices of rice, yams, garri or other commodities in the market near you, just hold your breath and monitor the markets in the coming days, weeks and months!

Just watch PMB recover Nigeria from thieves and the consequences of their stealing!

Long live PMB! God bless Nigeria!

When recession was announced in 2016, we agreed that there's recession due to high costs of items. If you want us to agree that recession is over, let d prices of items be the judge. Thank you.

1 Like

Re: How Buhari Got Nigeria Out Of Recession - Lai Mohammed by Mbediogu(m): 1:12pm On Sep 07, 2017
Oga Lai you forgot to tell us how how we got into recession in the first place. Sorry Sir, I am humble Sir.
Re: How Buhari Got Nigeria Out Of Recession - Lai Mohammed by maxzzo1(m): 1:12pm On Sep 07, 2017
dotcomnamename:
If not for Buhari, Jagaban Tinubu, Amaechi and APC, that clueless criminal called Badluck Jonathan and his crew would have sold Nigeria.

God bless PMB
God bless Amaechi and Jagaban
God bless Nigeria
foolish zombies
Re: How Buhari Got Nigeria Out Of Recession - Lai Mohammed by Mbediogu(m): 1:13pm On Sep 07, 2017
You made a procedural mistake Sir. Oga Lai you forgot to tell us how how we got into recession in the first place. Sorry Sir, I am humble Sir.
Re: How Buhari Got Nigeria Out Of Recession - Lai Mohammed by benzems(m): 1:18pm On Sep 07, 2017
Lai Mohammend=Lie Mohammed
if ai=ie and i=i where a=e then
ai=ai ie ai sqaured
Solving the equation
Liar =Lai where r is constant and silent
Lai=Lair ie Liar Mohammed is a lair liar
Re: How Buhari Got Nigeria Out Of Recession - Lai Mohammed by Gkemz: 1:22pm On Sep 07, 2017
Jokers. Anyways, he's just trying to be relevant having seen that nobody takes him or his lies serious.

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