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Nairaland Forum / Nairaland / General / Politics / Recession: 5 Facts Before President Buhari Took Over Power In 2015 (37505 Views)
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Re: Recession: 5 Facts Before President Buhari Took Over Power In 2015 by Jaideyone(m): 3:16pm On Dec 30, 2017 |
9jakohai:good and Jonathan was in charge when we refused to save 1 Like |
Re: Recession: 5 Facts Before President Buhari Took Over Power In 2015 by Jaideyone(m): 3:19pm On Dec 30, 2017 |
erico2k2:Olodo governors took Jonathan to court to share the excess crude oil account as for the foreign reserve Jonathan depleted it on his own. illiterate you don't even know the difference between ECA and FR Saudi had over 700b in it's foreign reserve. why did Jonathan deplete our own from 45b to 28b? 3 Likes |
Re: Recession: 5 Facts Before President Buhari Took Over Power In 2015 by grandstar(m): 3:20pm On Dec 30, 2017 |
9jakohai: Babangida's free market policies worked almost from the start Food production locally exploded when the Naira was allowed to depreciate and finds its true value. There was a uptick in exports of goods. The economy started growing from the start Awolowo praised the first budget of the Babangida in 1986 saying the country was in the right direct. Most of Babangida's economic policies were good but excessive and abominable levels of corruptions associated with that government impeded real progress. It made corruption very respectable and even institutionalised it. 3 Likes 1 Share |
Re: Recession: 5 Facts Before President Buhari Took Over Power In 2015 by Nobody: 3:23pm On Dec 30, 2017 |
madridguy:u ever heard of solskjaer? u know d super sub who won d ucl for utd in 99? cuz if we are to go by ur logic dn ALL subs are useless |
Re: Recession: 5 Facts Before President Buhari Took Over Power In 2015 by erico2k2(m): 3:23pm On Dec 30, 2017 |
Jaideyone:Oh realy ahah Im far more educated than you can ever be in this life, its like comparing MTN to Virgin broadban.U think Im your mate who uses MTN Modern to acces NL.Tell us the capital in the FR b4 and after GEJ and as we speak howmuch is left?let us see if you are not a product of a failed school! |
Re: Recession: 5 Facts Before President Buhari Took Over Power In 2015 by erico2k2(m): 3:24pm On Dec 30, 2017 |
grandstar:This is the truth, most of these kids on here jst dnt know |
Re: Recession: 5 Facts Before President Buhari Took Over Power In 2015 by Nobody: 3:28pm On Dec 30, 2017 |
progress69:george bush jnr had d iraq war and global financial meltdown which nearly destroyed d us,obama cleaned up d mess and never for one day did he blame bush i wonder hw u BMC ppl sleep at night,ds clown has been calling gej for ages now now close to home ibb took over ds clown and never for one day blamed him for our horrid economy d tension in d air is palapable,ppl are hungry,angry,jobless yet some paid goons are shouting sai baba carry on sha,fly wey no gree ear must.......... QED 3 Likes |
Re: Recession: 5 Facts Before President Buhari Took Over Power In 2015 by maxzzo1(m): 3:30pm On Dec 30, 2017 |
superstar1: why wil any sensible person run a govt without cabinet for 6months? if not a mental person who else? yes their are warnings which is normal even 2day their stil warnings but buhari govt scattered everything cos of lack of understanding and hate. 1 Like |
Re: Recession: 5 Facts Before President Buhari Took Over Power In 2015 by madridguy(m): 3:31pm On Dec 30, 2017 |
Your point? leezzz: |
Re: Recession: 5 Facts Before President Buhari Took Over Power In 2015 by OAM4J: 3:32pm On Dec 30, 2017 |
progress69: Lol. I feel your pain. It is difficult debating here these days. Reason some of us just read and move on. There are 2 categories of people here that are difficult to debate with. Those who see no wrong with their beloved in power and those who see no good with the ones they dislike in power. You will only get sentiments instead of logic and objectivity, conjectures / fairytale instead of logic / comon sense and facts. While we constantly disagreed with each other those days, we never got so passionate to throw away objectivity in our arguments and we would not substitute our personal opinions for facts. And facts must come from reliable and reputable source. We didn't even value wiki links as a reliable source of facts compare to the way people now take a Facebook post or a blog's bedroom conjectures and view points for fact. And then only sound arguments with facts got liked by others. Imagine instead of someone disputing your post with sound counter argument, he only responded by calling you zombie and yet got many likes. Believe me you have tried. I have to come out from my ghost mode to make this note. #BackToGhostMode 4 Likes 1 Share |
Re: Recession: 5 Facts Before President Buhari Took Over Power In 2015 by uvalued(m): 3:32pm On Dec 30, 2017 |
madridguy: Which of the following promises have change been effected 2 Likes
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Re: Recession: 5 Facts Before President Buhari Took Over Power In 2015 by Saintp(m): 3:33pm On Dec 30, 2017 |
progress69: I would have appreciated you if you had suggested solutions to our problems instead of defending buhari and comparing his failures to past failures. Bros, excuses never ends, there must be something to hold on to as an excuse and it will be perfect to ears and this is what you must understand. Tomorrow someone else we take over from buhari and would start using buhari's failure as excuse, the cycle continues because we have an army of youths who are willing to listen to excuses upon excuses. Anyway good luck to you guys, na una go still suffer am. I rest my case. 1 Like |
Re: Recession: 5 Facts Before President Buhari Took Over Power In 2015 by Jaideyone(m): 3:35pm On Dec 30, 2017 |
erico2k2:stop being an ignorant fool this has been debated here very well obj met 4b and left 42b in 2007. it grew to 62b dollars in 2008. part of it was used to defend the economy when yaradua was there. by the time yaradua left it was at 42b dollars in 2009 when Jonathan took over. there was no global economic crisis between 2009 and 2014 and oil sold between 80-110 dollars per barrel. so what did Jonathan do with 14b dollars of our foreign reserve at a time other oil producing countries were growing theirs? at the same period Saudi Arabia grew their foreign reserve to almost 700b dollars!!! Jonathan didn't grow ours instead he was spending it!!!! https://www.nairaland.com/4230282/where-65bn-obasanjo-left-excess#63231540 when oil was selling for high price Saudi had over 700b dollars in FR. read here https://www.reuters.com/article/saudi-cenbank-assets/saudi-foreign-reserves-resume-falling-in-july-idUSL8N1LA5RY now tell us what Jonathan did with our money. illiterate 1 Like |
Re: Recession: 5 Facts Before President Buhari Took Over Power In 2015 by berrystunn(m): 3:37pm On Dec 30, 2017 |
FOLYKAZE: Stop smoking... Stop behaving like one .. 1 Like |
Re: Recession: 5 Facts Before President Buhari Took Over Power In 2015 by waveman2: 3:38pm On Dec 30, 2017 |
Also add that before may 2015 the dollar was about 200-250 Naira but when buhari came it got has high as 500 and currently 370.which is the main cause of our economic hardship. 2 Likes |
Re: Recession: 5 Facts Before President Buhari Took Over Power In 2015 by Nobody: 3:38pm On Dec 30, 2017 |
madridguy:being dat wen u replace someone u expect a change usually a positive one u dont shout up and down that u can do dis and dat den come and destroy everything if ur car u give it to a mechanic not a pastor 1 Like |
Re: Recession: 5 Facts Before President Buhari Took Over Power In 2015 by zakari247(m): 3:39pm On Dec 30, 2017 |
FOLYKAZE:oooh just shut up already. do you think we would have voted buhari if good luck was good enough, boy a bad manager even if you give him one billion year will change nothing but make things even completed. A man with Over 200 cows and have no single milk or beaf factory yet lies a huge opportunity in this while we import these items yet he call himself poor. it not news you paid bastard, for your lord buhari rule Nigeria before now tell me now what did he improve,. didn't you hear he don't know how to make money, true only a man who can not covert opportunity to productivity, that man will never make money. stop this nonsense deciet of yours. for until we get those with the mastery of the 21st century economy we can never move forward. stop that nonsense of trying to draw emotions already. buhari is to uneducated to lead Nigeria. did he diversify the economy when he was busy wasting billions in searching oil in the North? we need a leader that can unite all tribes in Nigeria not nepotist. for that is the first mark to developing. unity. A country that want to develop do not need three promises it needs every good promises not three boy. I wish you can see the future of the the black race my brother you will cry to know that we are still going backward. 1 Like |
Re: Recession: 5 Facts Before President Buhari Took Over Power In 2015 by sanpipita(m): 3:42pm On Dec 30, 2017 |
progress69: Recession is purely caused by poor economic policies, you know your audience and Iweala said Governors refused to save not FG, stop twisting facts, Buhari has been a previous failure he is only falling again. 1 Like |
Re: Recession: 5 Facts Before President Buhari Took Over Power In 2015 by Jesusloveyou: 3:43pm On Dec 30, 2017 |
progress69:nice reminder 1 Like |
Re: Recession: 5 Facts Before President Buhari Took Over Power In 2015 by progress69: 3:44pm On Dec 30, 2017 |
leezzz: Did u say Obama never blamed? You are not in the league of people worth wasting my time on. in b/w this is not a blame game its about your lies about the economy being buoyant when Buhari took over office. let me leave u with this one; Obama Won't Abandon Blame Bush Strategy. The White House has no plans to give up on its blame-Bush strategy. A White House adviser says that George W. Bush and his policies created "the hole we're in," and President Obama will keep reminding the country of the economic "mess" he inherited. https://www.usnews.com/news/obama/articles/2010/02/09/obama-wont-abandon-blame-bush-strategy what do u kids know, you dont even know blaming is part of politics 1 Like |
Re: Recession: 5 Facts Before President Buhari Took Over Power In 2015 by sanpipita(m): 3:46pm On Dec 30, 2017 |
Jaideyone: Hasn't this govt been spending too, and paying subsidy illegally I wonder why you guys are fixated on GEJ, is he contesting in 2019, face the failure you voted in and leave GEJ alone, he is miles better than dullard 1 Like |
Re: Recession: 5 Facts Before President Buhari Took Over Power In 2015 by Saintp(m): 3:46pm On Dec 30, 2017 |
OAM4J: It is because none of you have genuine love for Nigeria. All you guys care about is the love you have for your favorite politicians. Some people's interest is to protect GEJ and PDP image while some others are just here to protect the image of APC and PMB, no real love for the country. This is why what you see on political section is APC, PDP, IPOB, Afonja, SW, SE, North, GEJ, PMB, Zombie, Wailer etc because that is the only thing you guys care about. I don't think there are up to 1% of nairalanders that care about this country. Sometimes it is better to even look at boobs in sexuality section than to comment on this section. 1 Like 1 Share |
Re: Recession: 5 Facts Before President Buhari Took Over Power In 2015 by progress69: 3:49pm On Dec 30, 2017 |
sanpipita: lol...wetin pikin sabi. the only line of defense u guys have ever brought to the table, abeg FG got her share, what happened to it? |
Re: Recession: 5 Facts Before President Buhari Took Over Power In 2015 by georgecso(m): 3:50pm On Dec 30, 2017 |
I have asked myself same question.... what can we hold on to after 16yrs of PDP misrule (In terms of Infrastructure and other human development)? OK.. Dollar was N160 abi... next? 1 Like |
Re: Recession: 5 Facts Before President Buhari Took Over Power In 2015 by georgecso(m): 3:53pm On Dec 30, 2017 |
please can someone summed up the total sales of crude oil between 1999 -2015 in $? |
Re: Recession: 5 Facts Before President Buhari Took Over Power In 2015 by sojikul(m): 3:55pm On Dec 30, 2017 |
The matter wey I they see so no be today |
Re: Recession: 5 Facts Before President Buhari Took Over Power In 2015 by Jesusloveyou: 3:55pm On Dec 30, 2017 |
erico2k2:I don't know why flat heads always reason flat. You see the answer, you are still asking flat question with your flat head. He said from $45b to $28b 1 Like |
Re: Recession: 5 Facts Before President Buhari Took Over Power In 2015 by Johnrake69: 3:59pm On Dec 30, 2017 |
khadaffi: Don't mind that guy. I'm sure he has been paid to create this thread. If I may ask where is the national carrier he promised? He told is he would convert the presidential jets to give rise to a national carrier, or did the price of crude oil also impacted on the implementation of the agenda? 1 Like |
Re: Recession: 5 Facts Before President Buhari Took Over Power In 2015 by Nobody: 4:01pm On Dec 30, 2017 |
progress69:obama did not blame bush for everything throughout his tenure ffs like i asked are u guys in nigeria at all if u are for ur own safety dont utter ds blame tin outside o nigerians are really angry right now d only tin dy are waiting for is 2019 so dy can kick ds 404 error out |
Re: Recession: 5 Facts Before President Buhari Took Over Power In 2015 by Nobody: 4:01pm On Dec 30, 2017 |
haryorbarmie83:The hero of recession and promised and fail government. 1 Like |
Re: Recession: 5 Facts Before President Buhari Took Over Power In 2015 by sanpipita(m): 4:01pm On Dec 30, 2017 |
progress69: You go ad hominem as expected, one thing you should know is I won't come here to spread lies and deceive people cos of stipends you lied about Iweala's statement your soulless soul knows that, the ECA funds brouhaha is well documented governors forced FG to share the money, I expect while you ask what FG did with their share also ask what governors did with their own share, they are still sharing money today why are we not asking questions? I won't waste my time on a low life propagandist like you, if you think lying and misrepresenting facts is better way for this country I can only wish you goodluck |
Re: Recession: 5 Facts Before President Buhari Took Over Power In 2015 by TheUbermensch: 4:02pm On Dec 30, 2017 |
khadaffi: This is spot on. I don't know why Buhari and his people are making it look as if they weren't aware of the rot in the government before. Happenings now show that the APC had no blueprint or clearcut plan on how to tackle Nigeria's problem. They were just talk and talk. Nothing more. They can't do anything. |
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