dukeprince50:
lemme give you a detailed analysis.
PDP sold oil at $150 per barrel and made $300m daily from oil
APC sold at $40 per barrel and due to attack on oil installation, they made just $30m per barrel yet we have N-power, trader moni, railways, resurrected of agric sectors, economy diversification.
who actually created poverty

YOUR FACTS on Crude oil prices ARE NOT ACCURATE (LIES)
The average oil price in 1999 when President Olusegun Obasanjo returned as Nigeria’s civilian president was $17.80 per barrel. Our official foreign reserves that year amounted to just $5.4bn. GDP size was $50.48bn which at then exchange rate of N92.69/$ was only N4.6trillion. Throughout Obasanjo’s first term, the highest oil price was $26.10 in 2000, with slight declines to $24.50 and $25.40 in 2001 and 2002. In spite of relatively low oil prices, Obasanjo grew FX reserves to over $10bn in 2001 before falling to around $7.5bn in 2002 and 2003. The exchange rate depreciated by 30% by 2002 falling to N120.97. On the policy front, the main economic achievement of Obasanjo’s first term was telecommunications sector deregulation which transformed Nigeria’s telephony and later internet/data sectors. No rational person will deny Obasanjo the credit for the over 150 million active lines in Nigeria today. He also established the EFCC and ICPC. Obasanjo’s main political achievements in his first term were stabilizing our democracy and re-establishing Nigeria in the global community.

Obasanjo recorded more significant economic achievements in his second term, enabled by the arrival of Ngozi Okonjo-Iweala, Charles Soludo, Fola Adeola and others into economic positions. The most important milestones were pension reforms, banking consolidation and the revolutionary Paris Club Debt Write-off. Okonjo-Iweala introduced the oil price rule that enabled the accumulation of “excess crude” savings in addition to our foreign reserves. The “Excess Crude Account” (ECA) starting from nil in 2003 was $24.36bn by December 2006 while foreign reserves were over $42billion totaling over $66billion of sovereign savings. In 2003 average oil prices were still below $30 per barrel and GDP size was only $76.64! It was only in 2006 and 2007 that oil crossed $60 per barrel. The effect of Obasanjo’s reform cabinet on FDI manifested for the first time in 2005 (not surprisingly AFTER (!) the Paris Club Debt Write-off as foreign investment jumped to $5.1bn and $7.7bn in 2005 and 2006 respectively

N/B
All other achievements of APC listed below by u were blue print initiatives of Pdp led Gej govt (ie,
railway, agriculture & diversification ) N/B the best Minister in Johnathan Cabinet was the Agric Minister Akinwumi Adesina whom APC drafted as Nigerian representative and President of African Development bank (AfDB)

Chikpat:
Historh aint changing any jack!!!

Its a shame people want Atiku to be president of Nigeria

What is shameful is seeing people uphold corruption when it favors them.

Chikpat:


Forget hyping, media propanganda and razzmatazz. Buhari is better than Atiku

How do you know Buhari is better than Atiku?

soulpeppersoup:


What is shameful is seeing people uphold corruption when it favors them.

That is exactly why it is a shame they want Atiku to be President of Nigeria

Chikpat:
Historh aint changing any jack!!!
Its a shame people want Atiku to be president of Nigeria

You are insane.

linusbnn:



You are insane.

data is cheap.

Lakside1955:

And what prize pdp took over in 1999? Let me analyze in case u don't know

1. They said when Buhari took over from them a bag of rice was N11,500 but they took over when it was N2,500

2. They said when Buhari took over from them ltr of petrol was N87 but they took over when it was N11.

3. They said when Buhari took over from them $1 was N235 but they took over when it was N20.

4. They said when Buhari took over from them a bag of cement was N2,000 but they took over when it was N400.

ANALYSIS BETWEEN APC and PDP GOVERNMENT OF I6YEARS AND 31/2YEARS

ON MAJOR COMMODITIES

Rice
APC-N15,000-N11,500 =N4,500
PDP-N11,500-N2,500 =N9,000

PETROL
APC N145-N87 =N58
PDP N87-N11 =N76

U.S $
APC N360-N235 =N125
PDP N235-N20 =N215

CEMENT
APC-N2,500-N2,000 =N500
PDP-N2,000-N400 =N1,600

Who then created poverty

Don't bother to reply. The figures for and against , speak for themselves. Anybody who is not happy should join the race.

Even those who cannot promise to stop taking sneak peeks at ladies will make such accusations.