The funny thing about Ayatollah Buhari Bin Laden's hideous countenance is that while he does have the unmistakable appearance of a kleptomaniac or child molester, those uninformed about the LONG list of innocent Nigerians whose slaughters he organized could easily dismiss him as just another semi-literate, gibberish-spouting buffoon, rather than the blood-thirsty serial murderer that he really happens to be.

Uncle Sam knows his number though, and more importantly, his GPS coordinates in real time, so Africa can rest assured that corrective pyrotechnics are definitely on the order for delivery before too long.

[b][size=18pt]Buharinomics - General Buhari’s economic program marshaled out to salvage the nation in 1984 (- - -continued part 5)
[/size]

To counter OPEC’s bluff, the Buhari administration entered into a $2 billion barter trade agreement with four countries.
Nigeria daily bartered 200,000 barrels of oil as follows:
(a) completely knocked down parts for automobiles from Brazil.

(b) Construction equipment from Italy

(c) Engineering equipment from France, and

(d) Capital goods from Austria.

This barter trade took care of the administration’s need to have borrowed money but it intensified the ill will the US and Britain had for Nigeria.

By bartering this oil, Nigeria was:

(a) solving those needs which the proposed IMF loan was geared toward. Doing so without borrowing or feeling the pains of spending the meager amount generated from its OPEC approved 1.3 billion a day oil export is the stuff an economic wizard is made of.

(b) Britain had been cut off as Nigeria’s major supplier of the goods which the countries in the barter agreement sent to Nigeria.

(c) The US usurious money lenders were denied the chance to suck Nigeria dry through the IMF loan.

(d) American and British oil companies were irate that the oil being bartered would flood the oil market, cutting in on their profits.

(e) The oil being bartered was oil that used to be illegally bunkered before Buhari put illegal oil bunkering artist out of business. For once, an African country had put positive economic mechanism in place to salvage its ailing economy without swallowing IMF’s poison pills.[/b]

[size=18pt]14th March 1984 - The NY Times
Buhari signs Barter Trade agreement with Brazil who would refine and return Nigeria's oil in exchange for crude oil[/size]

RIO DE JANEIRO, March 13— Brazil has won an international bidding contest to refine Nigerian oil this year, the state oil company, Petrobras, announced today.

The $1.2 billion agreement calls for Brazil to import Nigerian crude and return refined gasoline, jet fuel and diesel oil to Nigeria, a Petrobras spokesman said. He added that the accord would allow Brazil to reduce its idle refining capacity and earn a margin of profit.

Brazil imports about two-thirds of the one million barrels of oil it consumes daily, mostly from the Middle East. It buys 10,000 barrels daily from Nigeria.

[size=18pt]Buharinomics - General Buhari’s economic program marshaled out to salvage the nation in 1984 (- - -continued part 6)[/size]

As far as America and Britain were concerned, there was a price to be paid by this Buhari, who thought he was smart enough not to accept subservience to their authority. To begin with, a London newspaper (The Financial Times) published Nigeria’s barter trade agreement with Brazil (which, in truth, was done in secrecy because Buhari treated some aspects of his economic policy as State secret). The British thought it was going to incite OPEC against Nigeria since OPEC as a body did not support oil bartering. Oil Minister Tam David West, in a press conference, said, “If a nation believes it is part of its strategy for national survival to do this [barter trade], why not?” To assure OPEC that Nigeria was not indulging in barter trade in order to pull out of OPEC, he added ”Our strategy is to stay in OPEC and make its presence felt, and work together on programs that will be for the economic interest of all” (Concord Weekly, May 6, 1985). There is more to this barter trade than time will permit one to detail in this piece. For now, it is worth noting that it was the major reason for which Britain and America wanted the Buhari administration overthrown.

The counter trade showcased Buhari as a visionary. He made America and Britain feel silly and they swore to get him out of office. When Babangida took over, on his maiden speech to the nation he promised to revisit the counter trade agreements. Within two weeks in office, September 17, 1985, he setup a panel to review it and recommend to his administration how to revive the economy without the use of counter trade. Babangida rolled back counter trade at the behest of his imperialist masters and at the detriment of the Nigerian nation and people.

[size=18pt]Buharinomics - General Buhari’s economic program marshaled out to salvage the nation in 1984 (- - -continued 7th and final part)[/size]

By the time the Buhari administration was overthrown in August of 1985, Buharinomics was beginning to yield dividends. For example, the inflationary rate had fallen from 23.2% in 1983 to 5.5% in 1985.

Nigeria did not regret rejecting the IMF loan because it was meeting its obligation of prompt debt payment and the bartered goods were, to some extent, holding up within the austerity measure which had been in place since the Shagari days.

Food was becoming reasonably available for two reasons:
(a) The emphasis paid to agriculture had resulted in abundant food harvests, especially yam tubers.
(b) The border closure made it impossible for unscrupulous business men to continue smuggling food items into neighboring countries where they sold for twice their value in Nigeria.

Had Buharinomics continued for at least five years, Nigeria would have joined the Asian tigers in economic growth and self reliance. We know that to be true because Babangida came into office and did everything the IMF asked and the Nigerian economy took a dive into the gutter and has not recovered yet.

I kinda agree with that fact sha

X-factoria:
Is it a do or die? Must he be the one?

He has ample time to groom somebody now. He'd better do that or get the mother of all rejection come 2015.

Believe me folks, and I will say this at the risk of sounding tribalistic - a fulani man cannot fix Nigeria because they are always beclouded by ethnic and religious sentiments. All of them without exception.

[size=18pt]23 March 1984 - ITN News
BUHARI’S GOVERNMENT LAUNCHES “WAR AGAINST INDISCIPLINE”[/size]

Nigeria's military government is stepping-up its campaign against corruption, mismanagement and indiscipline at all levels in Nigeria society.

Preliminary hearings into corruption and abuse of office against former politicians and civil administrators have already begun and on March 21 the government launched its war against indiscipline.

One of the first areas under attack is Illegal Street trading in the capital Lagos. The military government of Major-General Buhari has promulgated a decree forbidding the street trading, a major source of income for many thousands of Lagos people. Police have already begun arresting street vendors and confiscating their wares.

The campaign is also designed to foster greater personal and social discipline with Nigerians being urged to queue for buses in an orderly fashion. The crackdown on indiscipline was announced by Brigadier Tunde Idiagbon, a member of the Nigerian Supreme Military Council.

BRIGADIER TUNDE IDIAGBON: "I want you to bear in mind the need to emphasise self-discipline and leadership by good example.
Begin by drawing public attention to little but important everyday manifestations of indiscipline such as rushing into buses, driving on the wrong side of the road, littering the streets, parks and dwelling compounds, cheating, taking undue advantage of scarcity to inflate prices for quick monetary gains, constituting ourselves into public nuisances, walking without commitment and devoting little or no time to the upbringing of our children.

Up to this moment there has been no formal declaration of war against indiscipline, it is my pleasure therefore to declare today a launching day for the war against indiscipline."

[size=18pt]12TH APRIL 1984 - ITN NEWS
BUHARI'S MILITARY TRIBUNAL MEMBERS SWORN IN TO PROSECUTE 500 DETAINED POLITICIANS, OFFICIALS AND OTHERS CHARGED WITH FINANCIAL FRAUD[/size]
The swearing-in took place in Lagos on April 11 of members of Nigeria's special military tribunals which will try 475 detainees charged with financial misdemeanour.

The military government, in power since a coup on December 31, 1983, arrested public officials and businessmen accused of diverting millions of dollars of public money under the previous civilian regime.
The tribunal members, 20 military officers and five judges, were sworn in by Chief Justice Sodiende Sowemimo, and will begin their work around the end of April in five regional centres.

When Major-General Mohammed Buhari came to power in the New Year's Eve coup, he promised a crackdown on public corruption as one way of solving Nigeria's economic crisis.

In February, 1984, his government launched a "War against Indiscipline" to encourage a more efficient society. More recently, security forces in Lagos rounded up 6,000 suspected criminals, political extremists and illegal aliens.

A drive is currently in progress to force down food prices through raids on shopkeepers and others suspected of hoarding food.

TRANSCRIPT:
NAVAL OFFICER: (SEQ 5) "I (name indistinct), affirm that as member of the special military tribunal in (indistinct) set up under the recovery of public property (special military tribunals) decree 1984 and 1984 Number 3, I will faithfully and impartially, and to the best of my ability discharge the duties devolving upon me under the tribunal, so help me God."

^^

ℓ̊ beg make this guy go sidon one place. Truly he Iƨ̣̣̣̇̇̇ a religious fanatic and ℓ̊ don't trust him.

blink182: ℓ̊ beg make this guy go sidon one place. Truly he ȋ̝̊̅ƨ̣̣̣̇̇̇ a religious fanatic and ℓ̊ don't trust him.

But you trust Goofluck "Blow 'Em Up" Jonasatan, abi?

I am posting news stories about Buhari's policy in government, where is the news story that indicated he was a religious bigot whilst in power?

If you have such a news story please post the link.

kingoflag:


But you trust Goofluck "Blow 'Em Up" Jonasatan, abi?

L̳̿Ö̤̣̇☺ː̗̀(=)))ː̖́☺Ö̤̣̇L, ℓ̊ trust only Fashola presently.

^^

[size=18pt]16TH APRIL 1984 - ITN NEWS
BUHARI RESUMES DEPORTATION OF "ILLEGAL ALIENS" TO OPEN UP MORE JOBS FOR NIGERIANS [/size]

The Government has held the influx of foreigners responsible for Moslem sectarian violence and for a rise in violent crime. Another reason for their expulsion was to open up more jobs for Nigerian citizens.

Five airliners provided by Nigerian Airways ferried the deportees to their home countries in West and Central Africa. Before flying out they were taken to transit camps at the airport in Lagos.

And ayam voting for him. no more sentiments. I nid somone lyk him who's got balls.....to pull down KORUPTION.......dats my take

God bless Buhari

[size=18pt]18 April 1984 – ITN News
OFFICIAL SUNDAY OPEN MARKET REPLACES ILLEGAL STREET TRADE.[/size]

A new official Sunday open market started trading in Lagos on April 15, on the site of the Marina car park, to replace illegal street vending.The inaugural speech was made by the Commissioner for Local Government and Chieftancy Affairs, Alhaji Lateef Olayinka; the ceremonial ribbon was cut by Lagos State Military Governor, Gbolahan Mudashiru.

Last month a member of the Supreme Military Council, Brigadier Tunde Idiagbon, announced a clampdown on corruption, indiscipline and mismanagement in the country's economy. This included the removal of illegal street trading in Lagos.

Police, operating under a decree from the military government of Major-General Mohammed Buhari, arrested street vendors and confiscated their goods. Commissioner Olayinka said illegal trading created traffic and environmental problems. He said an official inquiry had recommended a new open market was the best solution.

GenBuhari: God bless Buhari

God can never bless Buhari.
He will be blessed in hell by the devil.

God bless Nigeria!

[size=18pt]Buharinomics - General Buhari’s economic program marshaled out to salvage the nation in 1984 [/size]

http://www.elombah.com/index.php?option=com_content&view=article&id=5720:is-general-buhari-the-problem-with-nigeria&catid=36:pointblank&Itemid=83

Buharinomics was General Buhari’s economic program marshaled out to salvage the nation in 1984. He summarized the objective of his economic policy (as articulated in the 1984 budget) as follows: "To arrest the decline in the economy, to put the economy on a proper course of recovery and solvency, and to chart a future course for economic stability and prosperity" (West Africa, May 14, 1984). He had previously done similarly, in March while receiving the visiting Sudanese President, Gaafar Nimeiri. Upon his inquiring of what the new military government had in mind for the nation it then ruled, Buhari said to him: "The priority [of his administration] is for economic recovery, providing employment opportunities, improving people's living conditions, consolidating internal security and ensuring foreign respect" (Africa Now, March 1984). In a nutshell, Buharinomics set out to arrest the decline in the economy and refocus it towards recovery.

Buharinomics was to wean the nation off consumerism and profligacy, while channeling it towards frugality and productivity. To accomplish this, the government was to cut down on its expenditure, engage in more efficient restricting and controlling of foreign exchange outflow, undertake the revival of the country's productive capacity (concentration was on agriculture), and broaden government's revenue base.

The first test of Buharinomics was implemented to revive the comatose banking industry and arrest local currency hoarding. In April 1984, the government ordered a change in the color of the Naira. This action was dubbed the “real coup” by unscrupulous business men and politicians who had almost eliminated the need for commercial banking in Nigeria by keeping their moneys under their mattresses or by trafficking them into neighboring West African countries.

This currency change, which forced all holders of the naira notes into exchanging them for the new naira notes at commercial banks, infused billions that had remained unaccounted for into the banking industry and eliminated counterfeited currencies, which had inflicted inflationary and other nefarious effects on the economy. This measure had an immediate revitalizing effect in the banking industry and was an unqualified success. Banks that were close to collapsing became vibrant again, to the extent that some of them began to hire hitherto unemployed Nigerians.

[size=18pt]23rd January 1984 - Business America
General Buhari Meets Nigeria's Debt Obligations, Issues New Foreign Exchange Rules[/size]

Nigeria's Federal Military Government, which removed the civilian government of President Shagari in a coup on Dec. 31, has emphasized the importance of Nigeria's meeting its external payments obligations on time. International bankers were relieved when Nigeria paid the first installment of its rescheduled trade debt on time. General Buhari, the head of the supreme Military Council, announced his intention to keep Nigeria in OPEC and to continue discussions with the International Monetary Fund, the World Bank, and commercial lenders.

On Jan. 9 the Central Bank of Nigeria issued new controls on foreign exchange, effective from Jan. 1, 1984. The provisions of most interest to U.S. companies are as follows:

(1) Compulsory Advance Import Deposits

The following rates of compulsory advance deposits will continue in 1984:

Raw materials (except petroleum products) 10 percent

Spare parts 15 percent

Food (except rice) 50 percent

Medicines 50 percent

Building materials 50 percent

Capital goods 50 percent

Books (except single copies), periodicals 50 percent

Motor vehicles and trucks 200 percent

Motor cars 250 percent

Other 250 percent

All importers must pay the applicable rates when registering Form M, the Application for Approval of Foreign Exchange. The advance deposit is now applicable to all imports, whether or not they enjoy credit facilities of more than 180 days.

(2) Commissions

The commission payable to agents or confirming houses which act as intermediaries between importers and exporters has been reduced from a maximum of 4 percent to 2 percent of the f.o.b. value of the consignment.

(3) Technical/Management Service Fees

The existing allowable rate of 20 percent of net profits before taxes that may be remitted in foreign exchange will continue in 1984. However, payment of technical and management fees will not be allowed except in exceptionally deserving cases, such as for manufacturing companies where high technology is required.

(4) Consultancy Fees

The present 20 percent limit of consultancy fees payable in foreign exchange continues, but consultancy fees for feasibility or pre-feasibility studies will not be allowed because such studies may be performed locally.

(5) Travel Allowances

The Basic Travel Allowance will be N100 ($135) per year per person. The foreign exchange allowance for business travel has been suspended until further notice.

(6) Student Remittances

No foreign exchange will be made available to any new student. Students already studying abroad will be able to obtain foreign exchange to complete their studies.

For additional information, contact the Nigeria Country Specialist, Office of African Affairs, Room 3317, U.S. Department of Commerce, Washington, D.C. 20230; phone 202-377-4388.

COPYRIGHT 1984 U.S. Government Printing Office
COPYRIGHT 2004 Gale Group

http://findarticles.com/p/articles/mi_m1052/is_v7/ai_3104580/

How did Nigeria lose its way?

[size=18pt]29th April 1985 - The NY Times
General Buhari Imposes Curfew To End Religious Riots[/size]

. .BAUCHI, Nigeria, April 28— A dusk-to-dawn curfew has been imposed on the northern Nigerian town of Gombe, where more than 100 people have died in religious riots, an official statement said today.

Officials said the deaths occurred in two days of fighting between the police and members of the banned fundamentalist Maitatsine Islamic sect.

The Bauchi state government said that anyone violating the curfew ''will be regarded as a fanatic and will be shot on sight.''

The statement said the situation in Gombe was under control and most members of the sect were fleeing the town. A total of 146 suspected members of the sect had been arrested, it added.

Shooting broke out at dawn on Friday when the police tried to arrest Yusufu Adamu, the sect's leader in Gombe. Officials said nothing had been heard of him since, and it was unclear whether he was among those killed.

The initial police action cleared the sect out of its stronghold, but Nigerian television said many more lives were lost that night when the sect killed local people they had taken hostage.

[size=18pt]30th April 1984 - ITN News
BUHARI SCRAPS OLD NAIRA NOTES AND CIRCULATES NEW CURRENCY IN ORDER TO RENDER STOLEN / SMUGGLED CASH WORTHLESS.[/size]

Nigerians waited in long queues outside banks in Lagos on April 25 to change old notes for new. Nigeria's decision to scrap its currency and start again with a new Naira marked a sudden stepping-up of the military government's attack on corruption.

The government announced on April 24 that banks would start changing new notes for old the next day.
Brigadier Tunde Idiagbon, who ranks second in the new administration, said in a national television broadcast that the country's land borders would be closed immediately in a move to render the old Naira worthless abroad.

The changeover will extend to May 6.In that time people will be allowed to change up to 5,000 old Naira for new notes. Anything over that amount must be deposited in banks, accomplished by affidavits proving source and ownership -- another move to pinpoint corruption.
Brigadier Idiagbon said the withdrawal of the old notes had become necessary because rampant smuggling of Naira had been a key factor in the sabotage of the Nigerian economy.

He said that hundreds of thousands of Naira had been found in the homes of several former state governors after the civilian government was ousted on December 31 last year. (remember in 1984 1Naira fetched more than 1 dollar)
Since April 25, bank officials have been trying to move the new money across the counters as fast as they were receiving it, but many have complained that people were forced to queue for hours outside banks which had run out of money to distribute.

https://www.nairaland.com/nigeria/topic-693700.64.html

Is it do or die to rule Nigeria? Can Buhari not read the handwriting on the wall? His specs are probably too weak to see clearly.

^ Do or die are Obasanjo's own words.

Buhari simply wants to rescue Nigeria.

I honestly do not believe he would be bothering to contest , if we had a decent government in place.
He is truely patriotic

[size=18pt]8th May 1984 - The NY Times
Buhari announces plan for hefty cuts in government spending and reduction of imports[/size]

LAGOS, May 7— Nigeria's military head of state, Maj. Gen. Mohammed Buhari, announced a tough austerity budget today for 1984 featuring hefty cuts in Government spending, higher interest rates and cuts in credit growth.

General Buhari said in a nationwide broadcast that Government spending this year would be cut by 15 percent from a budget presented by the ousted civilian Government only two days before its overthrow on New Year's Eve.

He said the Government would continue to try to cut imports, while giving priority to raw materials and spare parts for industry and agriculture, to reduce the country's balance of payments deficit.

General Buhari also said the Government would make every effort to keep oil production, which accounts for more than 90 percent of foreign exchange, up to the 1.3-million-barrels- a-day quota set by the Organization of Petroleum Exporting Countries.