fergusen:
Sahara Reporters also implicated.
https://www.thisdaylive.com/index.php/2018/04/17/how-jonathan-conceded-2015-election-book-by-okonjo-iweala-reveals/

Bye bye to Sowore's 2019 ambition. My support withdrawn.

Wesely01:



Bros if you know what Sowore, omojuwa and young Nigeria did during Jonathan and this Buhari administration to come into power you will forever hate them . They are the reason why they feel Nigerian youths are not to be trusted .

rusher14:


$70 and you call that fell?

How many of such concessions have you made for Buhari who was selling at $25?

forgiveness:


Jonathan didn't beat Donald Duke to become Vice President ahead him, rather it was Duke that refused to be the Vice President under is junior Yara dua before it passed to Jonathan.

Jonathan was nobody as at the time Obasanjo single handedly choosed him. He was not as popular as Duke.

My point is Duke never lobbied to be Vice President, he even regetted it after Obasanjo picked him because he lobbied to be the President then.

Igba123:
is he? Who said he is and who said he is not? Nobody under our constitutn has d right to pronounce another corrupt except a court with competent jurisdiction(not a panel not efcc not whistle blowers). Every nigerian is a suspect including ur lords in gov't, u, myself but it takes d court to comfirm either we are or not. Buhari gov't is ignorant n u shouldn't stick ur neck out for dem else u'll lose ur head.

seunmsg:
Sadly, she accepted Jonathan's offer and ended up ruining the economy of the country at a time of serious revenue boom. History will not be kind to that woman.

yemluc:
Honestly I can not really understand the Moral lesson in this epistle...This woman fall my hand...So, are these claims the reason why d govt failed so woefully and looted all our money while leaving the Economy in shambles....I withdraw the respect I have for this woman with immediate effect..Rubbish.

seunmsg:
Sadly, she accepted Jonathan's offer and ended up ruining the economy of the country at a time of serious revenue boom. History will not be kind to that woman.

deomelllo:






I did not say he borrowed to pay salary in 2012, I said Jona borrowed money from 2012 until Jona's last month in office/May 2015


Learn how to read and comprehen


Jona borrowed N2.57 Trillion within 2 years





Jona borrowed N2.57 Trillion within his first 2 years in office, he was practically borrowing N107.08bn every month.


Again, learn how to read and comprehend.

Whynotthetruth:


Enjoy your delusion...Nice day!!!

chronique:


It's either you don't understand what you typed, or you forget things quickly. Go and read your no 3 item. You stated clearly that he was borrowing to pay salaries.

Misterdhee1:

You're an illiterate. Recession doesnt just happen. It's an accumulation of 2-3 years wrong economic policies. The signs were already there before Jonathan left

babaolofin:


Did he not borrowed to pay salary before left office?

Ovamboland:


No pity for those 'lazy youths' who paid consultants to do the training and purchased 'expo' answers to the questions.

rusher14:


$70 and you call that fell?

How many of such concessions have you made for Buhari who was selling at $25?

chronique:


Yes but that was towards the end of his tenure when America stopped buying our oil and we lost about half of our oil revenue. Government had to borrow to meet up with expenses. It's just like you earning 100k a month from your biz and you have budgeted and planned how your expenses would go and under that plan, your children's school fees and upkeep would take a certain amount. Few months into the year, your earnings drops to about 40k per month and you still need to keep up with your expenses that can't be altered. You'd certainly look for where to get the balance from which most times, would require you to borrow.

obailala:
That guy wasnt wrong; just about all the great achievements NOI made under OBJ were reversed under GEJ, and that was because GEJ as the boss couldnt hold things together.

Is it in terms of national debt?.. is in terms of the ECA or the foreign reserves?... NOI cleared all the nation's debts under OBJ and was able to accru national savings up to $60bn. But in a period when Nigeria enjoyed the largest unprecedented oil boom, national debts grew steadily to higher levels than it was before being cleared and no defined projects can be pointed out which those debts were used for. Similarly for foreign reserves and ECA, under OBJ NOI supervised these accounts growing from about $5bn to over $60bn. But under GEJ, the same NOI saw that same $60bn vaporize down to $30bn at a time when Nigeria earned its largest income.

Talking of economic indices all looking good under GEJ, that was just a function of high oil prices, high oil income and indiscriminate spending. When excess money is in the system and it's being spent indiscriminately, it tends to show positively on the economic indices like GDP growth rates et al. The real report card on whether the money was well 'spent or not usually shows up when the excess money supply dries up; and that takes us to late 2014/early 2015 when contractors started being owed, billions of dollars were being borrowed to pay salaries, next to nothing was being budgeted for capital expenditure in 2015 etc.

Some might pop up the "biggest economy in Africa" story, but that certaintly isnt an achievement which could have happened under a year of GEJ's rule; it is something which was built up over several years prior to 2010. In a nutshell, like I said before, all the great achievements of NOI happened when she was under obj, and those achievements were largely reversed when she served under gej.

seunmsg:
Sadly, she accepted Jonathan's offer and ended up ruining the economy of the country at a time of serious revenue boom. History will not be kind to that woman.

Xander85:


Of course i know your type, so i'm guessing this back and forth could go on forever without you ever admitting that the country..and by extension, the economy was better run during GEJs time as compared to today. We could argue from now till the cows come home, or we could go to the masses on the streets and ask if they're faring better today when compared to the immediate past admin'; we could ask all the millions that've lost their jobs how far; we could ask those seeking foreign exchange to either import goods or travel abroad; we could ask the mother whose wages are still the same but have fallen in real terms thanks to inflation and the devaluation of the naira, yet who has to go to the same market and buy goods and food for the family that has doubled in price since GEJ left; heck, if we could we could even ask the many that just couldn't go on any longer but decided to commit suicide due to your gods wonderful handling of the economy, or those that have been slaughtered by foreign, Ghadaffi-trained monsters masquerading as Fulani herdsmen (remember your god advised Benue people to try and accommodate these foreigners); we could ask the thousands of businesses that have closed shop since the coming of Buhari; we could ask why the FDIs aren't coming in as they were b/4 during the GEJ regime (probably they don't want to deal with the 'lazy yoot' that abound in Nigeria according to your man). We could ask all these people in the real world how their lives have improved now Buhari is President.

I don't think i ever claimed Nigeria was El-Dorado during GEJs tenure. What i took exception to was someone saying that Okonjo_Iweala ruined the economy...nothing could be further from the truth. It was during her tenure that the idea to save for the rainy day by way of the Sovereign Wealth Fund was first mooted...this was to compliment the excess crude account for which the GEJ gov't was sued in court so the money could be shared....guess who the linchpin was in that endeavour?

If you're still asking what projects GEJs gov't spent money on, then it's clear you're either being deceitful or you're seriously suffering from selective amnesia.

Can you provide a link showing where 'billions of dollars were borrowed' to pay salaries by the GEJ regime. I do remember Okonjo-Iweala saying that the country should brace up for a bit of belt-tightening since the oil prices were falling at a fast rate, but i never heard her saying things would be so dire to the point of Nigeria going into recession. It was Buharis' demarketing the economy and not hitting the ground running when he took over in 2015 (it took him about 7 months to appoint ministers as he said they're noise makers), coupled with the initial Forex policies of his admin....it was all this and more that led to recession. There was capital flight, little or no new FDIs, the nairas value headed south, businesses were failing left, right and centre, and there was the resultant loss of jobs arising from all this. The excuse the Buhari admin gives for the failure of their gov't being due to the fall in oyel prices shows how unimaginative, lazy and ill-prepared they are....they have no business being in gov't if all they do is hope oyel prices are favourable so they can carry out their plans and obligations. What was the price of oyel when OBJ took over in 1999, and why didn't we go into recession then since the price was so low at at the time?

Like i asked earlier, how come that since your 'man of action' Buhari is now President and corruption (which you lot claim was one of the reasons there was no money for governance during GEJs regime) has now been reduced to its barest minimum; that oil prices have on average been above budgeted estimates for at least the past two budgets; and that since the Buhari gov't, having done 3 years already, has recovered all those billions of dollars they claim was looted during the GEJ/PDP (of course they claimed billions were looted, so i'm assuming they'd have had their proof ready to show the court)...how come with all this going for them, we're yet to achieve Uhuru? After all, shouldn't all these 'positives' cancel out the corruption alleged to have taken place during the GEJ years, and still leave the Buhari gov't a few spare billions of dollars more to play with?

babaolofin:


Sir, I agreed with you totally. My vengeance is this, in 2008, oil rose to $118/barel the highest in world's history , the oil rose to $140/barel in 2013 , the woman was still borrowing money, El - Rufai, Charles Soludo & international economic analysts complained against the policy, they were shouting Nigeria is the best economy economy in Africa. To test our economic strength & for political reasons, America stopped buying oil, oil price fell but oil subsidy bazaar continued. She had no option but to borrow to pay salary. She should be ashamed of herself.

babaolofin:


Sir, I agreed with you totally. My vengeance is this, in 2008, oil rose to $118/barel the highest in world's history , the oil rose to $140/barel in 2013 , the woman was still borrowing money, El - Rufai, Charles Soludo & international economic analysts complained against the policy, they were shouting Nigeria is the best economy in Africa. To test our economic strength & for political reasons, America stopped buying oil, oil price fell but oil subsidy bazaar continued. She had no option but to borrow to pay salary. She should be ashamed of herself.

fabre4:



You guys refused ban on subsidy but come here to complain about depleting reserves...Your saint amaechi used court to share TSA money and other things...I am not saying GeJ was not corrupt but you guys were part of the reason for financial Meltdown.

Obasanjo chop PHCN and NEPA money wella so he didn't need to use much of the reserve. LOL

fk001:
Donald Duke is corrupt we all know that.



Sowore is a cyber bully he attacks anyone that is against him through his fake News channel.


He did it to Saraki, Dino, Jonathan and so many more.

Xander85:


Messed up which economy? You must be referring to a Nigeria in a parallel universe!

Nigerias' economy was on an upward trajectory when GEJ and Okonjo-Iweala were in charge. Almost all socio-economic indicators were positive. This kwarruption-kwarruption you numbskulls keep on parroting about just to try and deflect blame for Buhari and APC gross incompetence and running the economy aground....you know Nigeria performed better in the corruption perception index during the time of GEJ? Even regarding security, can you actually say Nigeria is more secure today than when GEJ was President? Wasn't the naira better valued during the GEJ years than it is today with you 'man of integrity' in power? The present job losses nko.....can you compare the present job data to those of the GEJ years?

Come to think of it, since your 'saint' is now in power and corruption has purportedly been reduced to its barest minimum...since the price of oil has been above the budgeted estimates for at least the past two budgets....since the Buhari gov't has recovered all the billions of dollars they say GEJ gov't and PDP stole since 1999...since all this is now the case shouldn't we be experiencing economic boom and happiness?

You guys are so annoying walahi!

tinkinjow:
The real mafia a lot don't know...and it doesn't take O.Iweala's writings to know....


He's by a million yards a better administrator than Buhari

Sirjamo:
Well, looking back now, I wish she had taken Mr Duke's advice, she eventually messed up our economy.

Durchmann:


Where do you guys dig your info from ?

To the best of my knowledge (which was eyewitness at best) , I was a student at Unical at the time. Duke used public funds heavily to cajole students to move with him to Abuja in support of his bid to be Vice President. Students got different sums of money and joined hired buses to Abuja in his campaign. I remember clearly because I declined to go but my roomie went with one of his buses.
Jonathan was the only governor in the South-South as at the time, who didn't campaign for the seat of the VP. It was ironic when he got picked by Obj.

Don't just sit behind your phone and fabricate fake news please.

Politics is a really scary game indeed.