luluosas:

The spokesperson for the presidential campaign council, Mallam Abba Dabo, who spoke with our correspondent on Sunday, said that the results from across the country did not indicate that the chances of Jonathan were slim.

He said that with the result from Kano State, which he said indicated that the PDP was having an edge over the All Nigerian Peoples Party, the ruling party in the state, the PDP was on its way to winning the state and also the presidency.

He said, “Great outcome, if you look at the result of the National Assembly election across the states. Though we lost in the South-West and some states, but despite the permutation of some people, we did not lose in the North-West as being envisaged.

“Yes, we lost in Katsina beyond our expectations, but you can see that we also won in Kano State against all odds and permutations. We are winning.

“Our meeting is expected to review the results and plan afresh. Don’t forget that other political parties would also meet. So, our meeting is not based on panicking.”

He said those expecting runoff in the presidential election should bury the thought, “because Jonathan is going to win with a wide margin.”

@agaba123, You can continue because you have said nothing.
Please give me an evidence that he paid up Nigeria's debt in one year. It is only in nairaland that you will hear this.

luluosas:

I can see that your mind is made up no matter the evidence that will stare at your face, to you, Buhari is nothing. You are very much entitle to your own opinion.

You fall my hand too hard this time, seeing you shamelessly quoting Sahara Reporters as the source of your evidence for Buhari's mismanagement of resources, when he was the Head of State. So, you people that have always castigated Sahara Reporters as bias, sponsored to attack Government, trash, etc whenever they say the obvious (TRUTH). So, you now see reasons to believed them for once, just because, they satisfied your curiosity. My friend, this should be enough evidence for you and your like to JUMP ship and come over to BB Train. It is not too late yet. You are most welcome on-board.
BB all the Way.

GenBuhari:

What is you point?

Buhari ruled for the 1.5 year 1984 - 1985.

He never rulled in 1980 or 81

stop trying to mislead people

Buhari paid off our debt in 1.5 years

Nigerians need to make the right  choice

During this period, some of Nigeriaís earlier anti-export bias in manufacturing disappeared
with policy reforms, and producers switched from imported to local inputs. Particularly in
agro-processing and textile manufacturing, there was greater use of locally produced
materials. The assembly-based manufacturing, which had depended on imported inputs and
been shielded from competition and market signals, contracted. But the industry as a whole
grew by 3.5 percent per year (1986-1990);

EPOMA:

@ agaba123  or beaf

All this theory that you are writing, Babangida SAP,MAMSA, were all fraud.During this period we got the introduction of Tokunbo, tell me which local input did we turn to during those years, How come there is so much demand for forex now ifthose years set a pace for local input. The west will always applaud anyone that help them Bleep africa well like Babangida through IMF

9ijaMan:

The guy is indeed clueless. In fact he practically claimed on a separate thread that he knows more about Nigerian economy than Sanusi Lamido. Unfortunately for his confused mind he even failed a simple statistics test.

recoome:

PDP sweeps taraba state defeating the ACN machine constructed by fmr gov jolly nyame, the CPC performed dismally in the elections. Also in benue, which was said 2 be going the ACN way, the PDP won the 2 declared senatorial seats, the PDP also took majority of the reps seats. The PDP also picked up the two up the 2 declared senatorial seats in gombe & majority of the house of reps seat. Despite the CPC's onslaught in kaduna, the PDP clinched the kaduna south senatorial seat through mrs. nnenadi usman. The ANPP picked up all the senatorial seats in yobe state.

Odunnu:

My lawyer wil get in touch with you. I want a divorce. I HATE YOU!!!

Sagamite:

Abeg pass me the details of the moooron that said he knew Nigerian economy more than Sanusi.

Please, I beg you.

agabaI23:

Sagamite he was referring to me but I am not a mo ron.
Why must I accept what Sanusi said hook line and sinker? Any reasons?

9ijaMan:

Here are some more for you to learn from.
[size=13pt]
Why I will vote for Buhari (II) - Lamido Sanusi[/size]

By Sanusi Lamido Sanusi

The argument of Buharism, for which it was castigated by global capital and its domestic agents, was that these conditions did not exist clearly enough for Nigeria to take the gamble. First our major export, oil, was priced in dollars and the volume exported was determined ab initio by the quota set by OPEC, a cartel to which we belonged. Neither the price nor the volume of our exports would be affected by a devaluation of the naira. As for imports, indeed they would become dearer. However the manufacturing base depended on imported raw materials. Also many essential food items were imported. The demand for imports was therefore inelastic. We would end up spending more of our national income to import less, in the process fuelling inflation, creating excess capacity and unemployment, wiping out the production base of the real sector and causing hardship to the consumer through the erosion of real disposable incomes. Given the structural dislocations in income distribution in Nigeria the only groups who would benefit from devaluation were the rich parasites who had enough liquidity to continue with their conspicuous consumption, the large multi-national corporations with an unlimited access to loanable funds and the foreign "investor" who can now purchase our grossly cheapened and undervalued domestic assets.

In one stroke we would wipe out the middle class, destroy indigenous manufacturing, undervalue the national wealth and create inflation and unemployment. This is standard economic theory and it is exactly what happened to Nigeria after it went through the hands of our IMF economists under IBB. The decision not to devalue set Buharism on a collision course with those who wanted devaluation and would profit from it-namely global capitalism, the so-called "captains of industry" (an acronym for the errand boys of multinational corporations), the nouveaux-riches parasites who had naira and dollars waiting to be spent, the rump elements of feudalism and so on. Buharism therefore was a crisis in the dominant class, a fracturing of its members into a patriotic, nationalist group and a dependent, parasitic and corrupt one. It was not a struggle between classes but within the same class. A victory for Buharism would be a victory for the more progressive elements of the national bourgeoisie. Unfortunately the fifth columnists within the military establishment were allied to the backward and retrogressive elements and succeeded in defeating Buharism before it took firm root. But I digress.

Having decided not to devalue or to rush into privatization and liberalization Buharism still faced an economic crisis it must address. There was pressure on foreign reserves, mounting foreign debt and a Balance of Payments crisis. Clearly the demand for foreign exchange outstripped its supply. The government therefore adopted demand management measures. The basic principle was that we did not really need all that we imported and if we could ensure that our scarce foreign exchange was only allocated to what we really needed we would be able to pay our debts and lay the foundations for economic stability. But this line of action also has its drawbacks.

First, there are political costs to be borne in terms of opposition from those who feel unfairly excluded from the allocation process and who do not share the government’s sense of priorities. Muslims for example cursed Buhari’s government for restricting the number of pilgrims in order to conserve foreign exchange.

Second, in all attempts to manage demand through quotas and quantitative restrictions there is room for abuse because there is always the incentive of a premium to be earned through circumvention of due process. Import licenses become "hot cake" and the black market for foreign exchange highly lucrative. This policy can only succeed if backed by strong deterrent laws and strict and enforcible exchange rules. Again it is trite micro-economic theory that where price is fixed below equilibrium the market is only cleared through quotas and the potential exists for round tripping as there will be a minority willing and able to offer a very high price for the "artificially scarce" product. So again we see that the harsh exchange control and economic sabotage laws of Buharism were a necessary and logical fallout of its economic theory.

Conclusion

I have tried to show in this intervention what I consider to be the principal building blocks of the military government of Muhammadu Buhari and the logical connection between its ideology, its economic theory and the legal and political superstructure that characterized it. My objective is to raise the intellectual profile of discourse beyond its present focus on personalities by letting readers see the intricate links between disparate and seemingly unrelated aspects of that government, thus contextualizing the actions of Buharism in its specific historical and ideological milieu. I have tried to review its treatment of politicians as part of a general struggle against primitive accumulation and its harsh laws on exchange and economic crimes as a necessary fallout of economic policy options. Similarly its treatment of drug pushers reflected the patriotic zeal of a bourgeois nationalist establishment.

As happens in all such cases a number of innocent people become victims of draconian laws, such as a few honest leaders like Shehu Shagari and Balarabe Musa who were improperly detained. The reality however is that many of those claiming to be victims today were looters who deserved to go to jail but who would like to hide under the cover of a few glaring errors. The failure of key members of the Buhari administration to tender public and unreserved apology to those who may have been improperly detained has not helped matters in this regard.

This raises a question I have often been asked. Do I support Buhari’s decision to contest for the presidency of Nigeria? My answer is no. And I will explain.

[b]First, I believe Buhari played a creditable role in a particular historical epoch but like Tolstoy and Marx I do not believe he can re-enact that role at will. Men do not make history exactly as they please but, as Marx wrote in the 18th Brumaire, "in circumstances directly encountered, given and transmitted from the past." Muhammadu Buhari as a military general had more room for manoevre than he can ever hope for in Nigerian Politics.

Second, I am convinced that the situation of Nigeria and its elite today is worse than it was in 1983.Compared to the politicians who populate the PDP, ANPP and AD today, second republic politicians were angels. Buhari waged a battle against second republic politicians, but he is joining this generation. Anyone who rides a tiger ends up in its belly and one man cannot change the system from within. A number of those Buhari jailed for theft later became ministers and many of those who hold key offices in all tiers of government and the legislature were made by the very system he sought to destroy. My view is that Nigeria needs people like Buhari in politics but not to contest elections. Buhari should be in politics to develop Civil Society and strengthen the conscience of the nation. He should try to develop many Buharis who will continue to challenge the elements that have hijacked the nation.

Third, I do not think Nigerians today are ready for Buhari. Everywhere you turn you see thieves who have amassed wealth in the last four years, be they legislators, Local Government chairmen and councilors, or governors and ministers. But these are the heroes in their societies. They are the religious leaders and ethnic champions and Nigerians, especially northerners, will castigate and discredit anyone who challenges them. Unless we start by educating our people and changing their value system, people like Buhari will remain the victims of their own love for Nigeria.

Fourth, and on a lighter note, I am opposed to recycled material. In a nation of 120million people we can do better than restrict our leadership to a small group. I think Buhari, Babangida and yes Obasanjo should simply allow others try their hand instead of believing they have the monopoly of wisdom.

Having said all this let me conclude by saying that if Buhari gets a nomination he will have my vote (for what it is worth). I will vote for him not, like some have averred, because he is a northerner and a Muslim or because I think his candidacy is good for the north and Islam; I will vote for him not because I think he will make a good democrat or that he was not a dictator. I will vote for Buhari as a Nigerian for a leader who restored my pride and dignity and my belief in the motherland. I will vote for the man who made it undesirable for the "Andrews" to "check out" instead of staying to change Nigeria. I will vote for Buhari to say thank you for the world view of Buharism, a truly nationalist ideology for all Nigerians. I do not know if Buhari is still a nationalist or a closet bigot and fanatic, or if he was the spirit and not just the face of Buharism. My vote for him is not based on a divination of what he is or may be, but a celebration of what his government was and what it gave to the nation.
[/b]
http://www.triumphnewspapers.org/why18112010.html

Sagamite:

Ah, you don't have to accept. But I would be surprised if you said you "know more about the Nigerian economy than Sanusi".

agabaI23:

We are talking about the economy of Nigeria within a specified period. The economic indices documented from several sources in journals and bookS say that the economy did not perform well and that there was progressive deterioration. You want me to accept what a single individual who is liable to environmental motivation knows more than collective scholarly publication pointing towards the same direction?

If accepting THE LATTER instead of  Sanusi's proclamation  means being clueless and moronic, then I choose to be clueless and moronic

Sagamite:

I hope you were misquoted or strawmanned.

There is a difference between giving heavier weighting to counter scholarly views over Sanusi's and saying I "know more about the Nigerian economy than Sanusi".

agabaI23:

No I never said I know more about Nigerian economy than SLS or let the person say so or show.
However, I cannot accept whatever he said, because he is the CBN governor.

I asked a question, who is he that I should not challenge what he said. By then I just scanned through and the only thing that was shouting for attention was the title- I will vote Buhari. I didn't care to go in details.

If you are a Buhari supporter and you read this piece and post it here for all to see . . . . I wonder oooo

Sagamite:

That is fair enough.

You were perfectly strawmanned. 

Quote from: BabaTony on Yesterday at 04:19:25 PM
I have to say this, Nigerians just like ranting when things go bad, at the end of the day  throw away the baby with the bath water, when jega posponed the elections, most ppl called for his head, CRUCIFY HIM , CRUCIFY HIM, but now the election have come and the same ppl are commending him. Na waoo. this i am saying because ppl think the problem of nigeria is the PDP, but soory to say no, it is NOT, if tmrw another party controls the centre, we would all be saying the same thing about them. there are some good eggs in PDP, Nigeria dont throw away the baby with the bath water, vote in good PDP candidates. i will to keep this my small write up for prosterity purpose, when that time comes. and please i am in NO WAY campaigning for PDP, I am campaigning for ppl to CHOOSE WISELY their leaders


And which good PDP candidates are you talking about? I hope you don't mean GEJ, the former loyal deputy to Alamco. GEJ the former vice president who couldn't assert himself even when his oga was on life-support. GEJ, the rubbish president who has nearly bankrupted the country running his campaign and patronising his corrupt PDP friends. Jonathan who bribes and settles bombers while ignoring the suffering of his Niger Delta people. Goodluck who parties with criminals, GEJ the friend of IBB, Anineh and Obasanjo.

No amount of lies can panelbeat his record. Nigeria deserves a better president. Either Ribadu or Buhari, any one will do. But PDP must go.  

fuke:

'@ to you GEJ men

Come Saturday, The North will show you   the depth of their political sophistication.

They told you they do not mind their Govs, their reps, their senators but they do not want this president.

After Jumat on Friday the table will turn.

[b]The emboldened is synonymous with incitement to violence if things go against them and will also encourage the resolve of the crude bombers who would want to go all out and enforce the Northern " I must rule syndrome" by throwing more bombs . .May their Bomb Shred their body and soul with that of their cohorts . .How sophisticated can the northerners be if a Jumat service by a bigoted imam tells them to do otherwise and vote along religious line, to me that is more of a zombie like control that lacks sophistication in all ramifications . .

I have Good news for You . .  We have the The North and The South while the votes of the North will be divided between The 3 Northerners with Buhari taking the majority and also GEJ sharing a percentage also, The South (SW = 70%   ) stands United in our resolve to unleash our power where it counts . .Voting GEJ . . .and i Hope your Jumat service will largely influence places like Kaduna South, Abuja, Plateau, Niger , Adamawa, Kogi, cos if they be found lacking in those areas  . .then all i have to say to you is sorry in advance . . .

No Bomb throwing will stop the Goodluck Tsunami and i will be more than glad to hear famliar moans of Rigging [/b]