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Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan - Politics - Nairaland

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Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by silica(m): 9:19pm On Jun 29, 2012
AFTER INSULTING NIGERIA'S LEADER, FORBES MAGAZINE EXPOSES PROFESSOR AYITTEY'S HYPOCRISY.
Written by Alaba Johnson (Reporter for NaijaPundit) on 29 June 2012.

After Insulting Nigeria's Leaders, Forbes Magazine Exposes  Professor Ayittey's Hypocrisy.

After thoroughly insulting Nigeria's leader for the state of Nigeria, 2nd rate Ghanaian Professor of Economics must now be embarrassed that perhaps the world's pre-eminent economics magazine, Forbes, has listed Professor Ayittey's country Ghana as a nation that has one of the world's worst economies. According to American published Forbes Magazine, Ghana is poor by design.

Professor Ayittey had insinuated that President Jonathan was of unsound mind and urged Nigerians to remove him. He also made uncomplimentary  pronouncements  about Nigeria's economy. However, Forbes rated the Nigerian economy as better ran than the Ghanaian economy and described the Ghanaian economy as not just badly run, but "poor by design".

Ayittey, who is a paid consultant who speaks the minds of his clients has surprisingly been celebrated by the likes of Bashir Yusuf, and Elrufai suggesting that his comments on Nigeria were procured.

Please read what Forbes Magazine wrote here (CLICK HERE). See full text below;

The World's Worst Economies: These countries aren't unlucky--they're poor by design.

Ghana has the world's largest manmade lake and the 1-gigawatt Aksombo Hydroelectric Plant, built to supply electricity to Africa's largest aluminum smelter. But the smelter has been idle since 2009, a casualty of low aluminum prices and persistent electricity shortages that have forced the government to divert the power elsewhere.

Ghana is a typical example of the world's worst-managed economies: It's a country that shouldn't be poor, but it is. The West African nation's gross domestic product per capita fell 9% last year to $621, ranking it 154th out of 184 countries tracked by the International Monetary Fund, below resource-impoverished Haiti. With a $3 billion trade deficit last year and $4.9 billion in external debt, Ghana is struggling to pay its bills even as it sits on some of the world's biggest reserves of gold and bauxite, as well as considerable amounts of offshore oil, which is being developed by Anadarko Petroleum ( APC - news - people ) and others.
Article Controls

"Ghana's problems are mostly homegrown," said Peter Allum, the IMF's mission chief to Ghana, in February. Forbes ranks Ghana ninth on our list of the world's worst economies.

As the world focuses on Greece and the rest of the so-called PIIGs--Portugal, Italy and Ireland--in their fight to reverse years of irresponsible fiscal policies, another group of nations make them look positively well-managed. Forbes screened IMF data for countries that have low and declining per-capita GDP, high trade deficits and high inflation, all indicators of bad economic management regardless of the country's inherent wealth.

All have at least one trait in common: Their governments discourage private investment--and economic growth--through policies of crony capitalism, expropriation or arbitrary enforcement of the laws. That makes it hard to generate hard currency to pay off government debt and discourages citizens from investing in education to improve their own economic lot.

"Most of these vulnerably low-income countries are in a trap," said Otaviano Canuto, vice president and head of the World Bank's Poverty Reduction and Economic Management Network. "The climate is not conducive to investments, not only in factories and agricultural improvements, but in education."

No surprise as to the winner of this race to the bottom: Zimbabwe, a country where the annual inflation rate hit the surreal level of more than 500 billion percent in late 2008 as the government of dictator Robert Mugabe tried to print his way out of his own mistaken economic policies. Before the fever broke last year, Zimbabwe restaurants felt compelled to post signs reminding patrons not to use the nearly worthless dollar bills as toilet paper. Zimbabwe's inflation rate has since dropped to around 5% as the country abandoned its currency and allowed transactions to be conducted in U.S. dollars and other currencies. But it still was forced to import 500,000 tons of maize last year to make up for shortfalls in its once-bountiful agricultural sector.

Ranking fifth on the list is Nicaragua, the only Latin American country to show such a poisonous combination of poverty and stagnant growth. Nicaragua's inflation-adjusted GDP fell 1.5% in 2009 and foreign investors have shunned the country since 1980s socialist President Daniel Ortega returned to office in 2007. Textile manufacturers have closed and European aid agencies balked at supporting the Ortega government after flawed elections in 2008. One reliable source of income in this socialist paradise: remittances from expatriates, which represented 13% of GDP in 2008.

In eighth place is Liberia, another resource-rich nation that has mismanaged its way to poverty through decades of corruption and civil war. The country has been relatively stable since 2005 and may achieve 6% GDP growth this year. But that's a GDP of less than $900 million, with rubber exports the single largest source of foreign currency at $170 million. Registrations of foreign ships brings in another $18 million, hardly enough to make a dent in the country's $3.4 billion debt. Last year commercial creditors agreed to call it even at 3 cents on the dollar, possibly allowing Liberia to begin the cycle of borrowing and defaulting anew. Some economic growth is expected after Arcelor Mittal ( MT - news - people ) begins shipping iron ore from the Yekapi complex in 2011.

Now who has more credibilty, Forbes Magazine or a second rate opposition paid economics Professor?
Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by bayooooooo: 9:25pm On Jun 29, 2012
silica: AFTER INSULTING NIGERIA'S LEADER, FORBES MAGAZINE EXPOSES PROFESSOR AYITTEY'S HYPOCRISY.
Written by Alaba Johnson (Reporter for NaijaPundit) on 29 June 2012.

After Insulting Nigeria's Leaders, Forbes Magazine Exposes  Professor Ayittey's Hypocrisy.

After thoroughly insulting Nigeria's leader for the state of Nigeria, 2nd rate Ghanaian Professor of Economics must now be embarrassed that perhaps the world's pre-eminent economics magazine, Forbes, has listed Professor Ayittey's country Ghana as a nation that has one of the world's worst economies. According to American published Forbes Magazine, Ghana is poor by design.

Professor Ayittey had insinuated that President Jonathan was of unsound mind and urged Nigerians to remove him. He also made uncomplimentary  pronouncements  about Nigeria's economy. However, Forbes rated the Nigerian economy as better ran than the Ghanaian economy and described the Ghanaian economy as not just badly run, but "poor by design".

Ayittey, who is a paid consultant who speaks the minds of his clients has surprisingly been celebrated by the likes of Bashir Yusuf, and Elrufai suggesting that his comments on Nigeria were procured.

Please read what Forbes Magazine wrote here (CLICK HERE). See full text below;

The World's Worst Economies: These countries aren't unlucky--they're poor by design.

Ghana has the world's largest manmade lake and the 1-gigawatt Aksombo Hydroelectric Plant, built to supply electricity to Africa's largest aluminum smelter. But the smelter has been idle since 2009, a casualty of low aluminum prices and persistent electricity shortages that have forced the government to divert the power elsewhere.

Ghana is a typical example of the world's worst-managed economies: It's a country that shouldn't be poor, but it is. The West African nation's gross domestic product per capita fell 9% last year to $621, ranking it 154th out of 184 countries tracked by the International Monetary Fund, below resource-impoverished Haiti. With a $3 billion trade deficit last year and $4.9 billion in external debt, Ghana is struggling to pay its bills even as it sits on some of the world's biggest reserves of gold and bauxite, as well as considerable amounts of offshore oil, which is being developed by Anadarko Petroleum ( APC - news - people ) and others.
Article Controls

"Ghana's problems are mostly homegrown," said Peter Allum, the IMF's mission chief to Ghana, in February. Forbes ranks Ghana ninth on our list of the world's worst economies.

As the world focuses on Greece and the rest of the so-called PIIGs--Portugal, Italy and Ireland--in their fight to reverse years of irresponsible fiscal policies, another group of nations make them look positively well-managed. Forbes screened IMF data for countries that have low and declining per-capita GDP, high trade deficits and high inflation, all indicators of bad economic management regardless of the country's inherent wealth.

All have at least one trait in common: Their governments discourage private investment--and economic growth--through policies of crony capitalism, expropriation or arbitrary enforcement of the laws. That makes it hard to generate hard currency to pay off government debt and discourages citizens from investing in education to improve their own economic lot.

"Most of these vulnerably low-income countries are in a trap," said Otaviano Canuto, vice president and head of the World Bank's Poverty Reduction and Economic Management Network. "The climate is not conducive to investments, not only in factories and agricultural improvements, but in education."

No surprise as to the winner of this race to the bottom: Zimbabwe, a country where the annual inflation rate hit the surreal level of more than 500 billion percent in late 2008 as the government of dictator Robert Mugabe tried to print his way out of his own mistaken economic policies. Before the fever broke last year, Zimbabwe restaurants felt compelled to post signs reminding patrons not to use the nearly worthless dollar bills as toilet paper. Zimbabwe's inflation rate has since dropped to around 5% as the country abandoned its currency and allowed transactions to be conducted in U.S. dollars and other currencies. But it still was forced to import 500,000 tons of maize last year to make up for shortfalls in its once-bountiful agricultural sector.

Ranking fifth on the list is Nicaragua, the only Latin American country to show such a poisonous combination of poverty and stagnant growth. Nicaragua's inflation-adjusted GDP fell 1.5% in 2009 and foreign investors have shunned the country since 1980s socialist President Daniel Ortega returned to office in 2007. Textile manufacturers have closed and European aid agencies balked at supporting the Ortega government after flawed elections in 2008. One reliable source of income in this socialist paradise: remittances from expatriates, which represented 13% of GDP in 2008.

In eighth place is Liberia, another resource-rich nation that has mismanaged its way to poverty through decades of corruption and civil war. The country has been relatively stable since 2005 and may achieve 6% GDP growth this year. But that's a GDP of less than $900 million, with rubber exports the single largest source of foreign currency at $170 million. Registrations of foreign ships brings in another $18 million, hardly enough to make a dent in the country's $3.4 billion debt. Last year commercial creditors agreed to call it even at 3 cents on the dollar, possibly allowing Liberia to begin the cycle of borrowing and defaulting anew. Some economic growth is expected after Arcelor Mittal ( MT - news - people ) begins shipping iron ore from the Yekapi complex in 2011.

Now who has more credibilty, Forbes Magazine or a second rate opposition paid economics Professor?

A putrid smelly junk!
Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by olas2u: 9:35pm On Jun 29, 2012
Your really crazy,the guy spoke the truth.forbes ko,forbes ni,He his an African that spoke the truth to a fellow African country.Kolo mentality

3 Likes

Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by Beaf: 9:59pm On Jun 29, 2012
I have always maintained that being in opposition does not equate to being a traitor ant subversive. But it seems NL positively crawls with with scum who would spit on their fathers and sell their mothers in the deluded hope of political gain.

The World's Worst Economies: These countries aren't unlucky--they're poor by design.

Ghana has the world's largest manmade lake and the 1-gigawatt Aksombo Hydroelectric Plant, built to supply electricity to Africa's largest aluminum smelter. But the smelter has been idle since 2009, a casualty of low aluminum prices and persistent electricity shortages that have forced the government to divert the power elsewhere.

Ghana is a typical example of the world's worst-managed economies: It's a country that shouldn't be poor, but it is. The West African nation's gross domestic product per capita fell 9% last year to $621, ranking it 154th out of 184 countries tracked by the International Monetary Fund, below resource-impoverished Haiti. With a $3 billion trade deficit last year and $4.9 billion in external debt, Ghana is struggling to pay its bills even as it sits on some of the world's biggest reserves of gold and bauxite, as well as considerable amounts of offshore oil, which is being developed by Anadarko Petroleum ( APC - news - people ) and others.

Lolzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz!!!! grin grin grin

1 Like

Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by onatisi(m): 10:12pm On Jun 29, 2012
olas2u: Your really crazy,the guy spoke the truth.forbes ko,forbes ni,He his an African that spoke the
truth to a fellow African country.Kolo mentality

you are a fool.dumb goat too and as ur ghanaro prof said ur life and future is shattered and broken.why will he pick on nigeria is nigeria the only country having problems.all u guys just like this ur ghana prof becos he insulted gej that is all.i wont be surprised another ghanaro doctors says nigerians are mad and silly .surely he will have some supporters on nl

2 Likes

Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by doofanc: 10:31pm On Jun 29, 2012
I'm must say i'm truly suprised at the article esp coming from a supposedly authoritative source as Forbes.

Those of us who have been there (ghana) will testify that yes, they have little problems, but its no where nearly as dismal as is being portrayed by the article.

2 Likes

Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by Kobojunkie: 11:00pm On Jun 29, 2012
Ghana is not on the Forbes world's worst economies list.

http://www.forbes.com/sites/danielfisher/2011/07/05/the-worlds-worst-economies/


Please update your knowledge base and tell the writer of that nonsense to do so as well. Pundit iberibe . . .

2 Likes

Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by eGuerrilla(m): 11:22pm On Jun 29, 2012
doofanc: I'm must say i'm truly suprised at the article esp coming from a supposedly authoritative source as Forbes.

Those of us who have been there (ghana) will testify that yes, they have little problems, but its no where nearly as dismal as is being portrayed by the article.

You've got to understand that Naijapundit is doing a hatchet job for the powers that be.
If in doubt, count the number of articles provided here under the pseudonym "Alabi Johnson" just these past few days.

It is case of leaving the infestation of leprosy unattended to chase away tse-tse flies, but perfectly inline with what most independent observers have come to expect.
Or what better way exists to describe the lunacy in evidence here, when a 2010 article written about Ghana is reeled out in response to the comments made by just one Professor? You see where I am going with this?

Why not take the Prof's arguments apart on merit, for posterity if for nothing else, instead of reaching for poisoned, low hanging fruit?
What's with the jaundiced reasoning being exhibited by some commentators, when it was the vacuous leadership of Nigeria that was called into question?

Not that it matters...but is Ghana not the same West African country which currently attracts a size-able amount of foreign direct investment (FDI) as a result of capital flight from Nigeria?
Studying in Ghana: How Nigeria looses Billions of Dollars every year
How Nigerian Businesses are thriving in Ghana
Why companies will continue to leave Nigeria for4 Ghana

By the way, Responsible Journalism Needed Re Forbes Magazine 2010 Publication on Ghana's Economy serves as a perfectly good example of how to tackle the message as opposed to the messenger.

2 Likes

Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by shymex(m): 11:26pm On Jun 29, 2012
Who cares about what forbes thinks?

Forbes celebrates plutocrats and greedy business men/women... undecided
Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by ballabriggs: 11:57pm On Jun 29, 2012
Hehehe a rubbish article from no other than Reno Omokri and Oronto Douglas. Thank God the figures are there on all international databases. Go to UNCTADstat, IMF WEO database or even the UNDP database, Nigeria is below Ghana in most economic indicators.

This is the Human Development Report 2011, compare Nigeria and Ghana's figures. The same Nigeria that does not report its reserve figures to the IMF yet claims it holds $35 billion in reserves whilst also seeking loans to shore up its reserves. I dey laugh, the world dey laugh, Jona dey chop cassava bread.

Below is the GDP per capita of both countries in PPP international dollars from the IMF WEO Database. Please download and compare so you can see the extent of desperation of these people.

1 Like

Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by onatisi(m): 4:21am On Jun 30, 2012
Kobojunkie: Ghana is not on the Forbes world's worst economies list.


http://www.forbes.com/sites/danielfisher/2011/07/05/the-worlds-worst-economies/
Please update your knowledge base and tell the writer of that nonsense to do so as well. Pundit iberibe . . .

that news was n the headlines newspapers yesterday and i saw it with my own two eyes .if u want to confirm go to google news and look for ghana news.we the foreigners here we think ghana dnt have a problem when we compare ghana problem with nigeria wn and secondly we came here to work so we can do any kind of job which makes us relaatively better becos we have mney but there is very high unemployment rate in ghana aand i have been telling ppl the picture of ghana is not as rossy as ppl picture it.

1 Like

Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by Mandelaguy(m): 5:23am On Jun 30, 2012
Every silly or sensible thread that come up on NL must be polarised by haters,can you guys discuss content for once?
Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by Zutchy: 7:21am On Jun 30, 2012
Mandelaguy: Every silly or sensible thread that come up on NL must be polarised by haters,can you guys discuss content for once?
How can you expect people who lack any tissue of reasonable content in their brains to discuss the content of an article,you cannot give what you don't have,most of these Naija haters are very very intellectually shallow.

1 Like

Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by lacicrips(m): 7:28am On Jun 30, 2012
doofanc: I'm must say i'm truly suprised at the article esp coming from a supposedly authoritative source as Forbes.

Those of us who have been there (ghana) will testify that yes, they have little problems, but its no where nearly as dismal as is being portrayed by the article.

The article isn't from Forbes. They just capitalized on forbes report about Ghanaian economy to try to discredit the prof.

1 Like

Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by Uche2006: 7:30am On Jun 30, 2012
forbes is playing politics with nigeria
Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by jmaine: 7:31am On Jun 30, 2012
Why are people squealing at the content of the article . .all it did is focus on the bad aspects of Ghana and expanded on it . . . .The same modus operandi of the Anti GEJ forces every where . .we simply pick on the sore point of his admin or sentences and make a hell of business outta it cheesy . . .

For every side of a story, there is always the good and bad part . .So you all tryna dispel this article should please stand down cos your all guilty of the same . .or lemme say . . .You Ghanaian apologist . .lol grin
Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by lanre_front(m): 8:25am On Jun 30, 2012
The surprising thing is how it quickly got to the frontpage.......kind of makes you begin to wonder about Nairaland......hmnnn
Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by Ngwakwe: 9:52am On Jun 30, 2012
shymex: Who cares about what forbes thinks?

Forbes celebrates plutocrats and greedy business men/women... undecided


Mr Man,
Innovation and hardwork are worth celebrating.

Socialism cannot survive independently, it requires capitalism as food while Capitalism can stand alone. Socialism breeds laziness, dull brain, lack of vision and so on.

The only problem of Capitalism is selfishness which results in lack of social Justice and this can be corrected with little government policies.
Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by ebamma(m): 10:57am On Jun 30, 2012
it seems the poster's real name is reuben abati
Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by ubandire(m): 11:19am On Jun 30, 2012
olas2u: Your really crazy,the guy spoke the truth.forbes ko,forbes ni,He his an African that spoke the truth to a fellow African country.Kolo mentality


Our people know who in ur own words have 'KOLOMENTALITY'African talking about an African country,shame on you.
Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by dedeike: 12:15pm On Jun 30, 2012
@ kobojunkie, THE TRIUMPH OF FALSEHOOD OVER TRUTH IS JUST BUT TEMPORAL. When this fake prof came and was rabble rousing about Nigeria'sveconomy early in the week, little did he know that FORBES will come out with a list that will expose him. Now it's glaring that this Proffessor of economics has to go and remove the big log in his eyes before bothering about the tooth pick in our own eyes. HYPOCRITE!
Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by dedeike: 12:50pm On Jun 30, 2012
shymex: Who cares about what forbes thinks?

Forbes celebrates plutocrats and greedy business men/women... undecided

Come on, keep quiet. Forbes ratings remains the best and its the universally acclaimed destination for such statistics.Just because they have brought out a report that exposes the lies and falsehood that the fake Ghanian Proffessor has been peddling , that is why you want to discredit FORBES.

Which rating should we reckon with? SAHARA abi NAIRALAND? I took time to pick holes in the Ghanian Proffessor's tirades earlier in the week.

First, he proceeded on the faulty and unfounded assumption that GEJ did not declare his assets. On twitter, I told him clearly that his paymasters did not properly brief him hence the high level ignorance that the Prof has been exhibiting on social media. I pity his students. A real prof would have taken prudent steps to verify the position of Nigerian laws on the issue of public declaration of Assets.

Secondly, he goofed when he said our Agricultural revolution is only tied to distribution of palm seedlings. Every toddler in Nigeria knows the Agric minister is pursuing a reforms of fertilizer distribution in Nigeria and has succeeded in eliminating the middlemen cartel that made access to fertilizer very difficult. Beyond this, he has launched the cassava bread revolution campaign aimed at reducing our reliance on imported wheat. An Agricultural loan scheme has been floated alongside the CBN for local farmers. He is building silos across the federation and has imposed high import tariffs on importation of rice and wheats inorder to encourage local farmers. As part of the national campaign, the president on his democracy day speech directed that only locally produced food should be served in Aso rock and govt public functions.

Thirdly, the fake Prof blabbed about GEJ's inability to use Maidugri Airport. If only this Prof was told by his paymaster how much renovation and rehabilitation that this govt has carried out in all the major airports in our country in just one year.Both the ABUJA, LAGOS, ENUGU, KANO AND BENIN airports are under massive reconstruction. On the flip side, the state of the runways of Accra airport is nothing to write home about. When it rains, the runway gets flooded thus leading to the crash of our cargo airplane recently. The prof should hve directed his tirades to his aviation minister, who came on air and made a useless defence of the flooded runways of ACCRA AIRPORT in this mordern age.

Finally, the fake prof said our president is of unsound mind. That was the height of rascality by a prof who should know the language of diplomacy. I beg to ask those who have been supporting this slowpoke prof, where did this man derive his allegations from? Which doctor or Health expert pronounced our President insane? What proof can he offer in support of his allegations that our president has a history of unsound mind? For all KOBJUNKIES of this world, I have one word for you.THE OFFICE OF PRESIDENCY is an institution,

We should not sacrifice the integrity and dignity of that institution on the altar of hatred and beef for the present occupant. We don't know who will be president tomorrow. It may be you. It may be me. GOD BLESS NIGERIA.

15 Likes

Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by lacasa: 1:41pm On Jun 30, 2012
doofanc: I'm must say i'm truly suprised at the article esp coming from a supposedly authoritative source as Forbes.

Those of us who have been there (ghana) will testify that yes, they have little problems, but its no where nearly as dismal as is being portrayed by the article.

Gbam!
Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by Mandelaguy(m): 1:51pm On Jun 30, 2012
jmaine: Why are people squealing at the content of the article . .all it did is focus on the bad aspects of Ghana and expanded on it . . . .The same modus operandi of the Anti GEJ forces every where . .we simply pick on the sore point of his admin or sentences and make a hell of business outta it cheesy . . .

For every side of a story, there is always the good and bad part . .So you all tryna dispel this article should please stand down cos your all guilty of the same . .or lemme say . . .You Ghanaian apologist . .lol grin
You rock,the shameless people are now paid Ghanaian agents....lol.
Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by ziccoit: 2:01pm On Jun 30, 2012
Prof George Ayittey correctly critisized a bluffing Mr GEJ when he was clearly getting some important things wrong ,as usual ,on national TV. He didnt pit Ghana against Nigeria in any way. The article is also Forbes view about the state of Ghana economy. When Prof George is not the president of Ghana or in any capacity managing his country economy, how could this negate the good intention of the gentleman?
This is certainly a case of "if you can not beat a perceived enemy, run it down " attitude that has been a potent weapon of the rulling party since the inception 14yrs ago. The gentleman's points are still valid whatever the agents of destruction are doing is immaterial.
Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by mai gaskiya: 2:04pm On Jun 30, 2012
olas2u: Your really crazy,the guy spoke the truth.forbes ko,forbes ni,He his an African that spoke the truth to a fellow African country.Kolo mentality
another id4ot talkng
Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by PetroDolla: 2:04pm On Jun 30, 2012
This supposedly Forbes report on Ghana surfaced abt two years ago when Ghana was locked in a dispute with american company kosmos over an offshore oil block.it was recognised then as part of an orchestrated plot to cast Ghana in a bad light.but there's a limit 2 how far you can twist the truth.and the truth is that the Ghanaian economy is doing very well n its one of the fastest growing in the world today. And what are u trying to prove with a 2-yr old discredited forbes report?

doofanc: I'm must say i'm truly supritsed at the article esp coming from a supposedly authoritative source as Forbes.

Those of us who have been there (ghana) will testify that yes, they have little problems, but its no where nearly as dismal as is being portrayed by the article.

3 Likes

Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by marion g(m): 2:05pm On Jun 30, 2012
dedeike: Come on, keep quiet. Forbes ratings remains the best and its the universally acclaimed destination for such statistics.Just because they have brought out a report that exposes the lies and falsehood that the fake Ghanian Proffessor has been peddling , that is why you want to discredit FORBES. Which rating should we reckon with? SAHARA abi NAIRALAND? I took time to pick holes in the Ghanian Proffessor's tirades earlier in the week. First, he proceeded on the faulty and unfounded assumption that GEJ did not declare his assets. On twitter, I told him clearly that his paymasters did not properly brief him hence the high level ignorance that the Prof has been exhibiting on social media. I pity his students. A real prof would have taken prudent steps to verify the position of Nigerian laws on the issue of public declaration of Assets. Secondly, he goofed when he said our Agricultural revolution is only tied to distribution of palm seedlings. Every toddler in Nigeria knows the Agric minister is pursuing a reforms of fertilizer distribution in Nigeria and has succeeded in eliminating the middlemen cartel that made access to fertilizer very difficult. Beyond this, he has launched the cassava bread revolution campaign aimed at reducing our reliance on imported wheat. An Agricultural loan scheme has been floated alongside the CBN for local farmers. He is building silos across the federation and has imposed high import tariffs on importation of rice and wheats inorder to encourage local farmers. As part of the national campaign, the president on his democracy day speech directed that only locally produced food should be served in Aso rock and govt public functions. Thirdly, the fake Prof blabbed about GEJ's inability to use Maidugri Airport. If only this Prof was told by his paymaster how much renovation and rehabilitation that this govt has carried out in all the major airports in our country in just one year.Both the ABUJA, LAGOS, ENUGU, KANO AND BENIN airports are under massive reconstruction. On the flip side, the state of the runways of Accra airport is nothing to write home about. When it rains, the runway gets flooded thus leading to the crash of our cargo airplane recently. The prof should hve directed his tirades to his aviation minister, who came on air and made a useless defence of the flooded runways of ACCRA AIRPORT in this mordern age. Finally, the fake prof said our president is of unsound mind. That was the height of rascality by a prof who should know the language of diplomacy. I beg to ask those who have been supporting this slowpoke prof, where did this man derive his allegations from? Which doctor or Health expert pronounced our President insane? What proof can he offer in support of his allegations that our president has a history of unsound mind? For all KOBJUNKIES of this world, I have one word for you.THE OFFICE OF PRESIDENCY is an institution, We should not sacrifice the integrity and dignity of that institution on the altar of hatred and beef for the present occupant. We don't know who will be president tomorrow. It may be you. It may be me. GOD BLESS NIGERIA.
GBAM>>>
Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by eedriyz(m): 2:09pm On Jun 30, 2012
The OP is obviously a GEJ's lover. But no matter what he or anybody thinks, no matter what is happening in Ghana, the prof said d truth about GEJ! It's GEJ that should fasten his seat belt and let us see results instead of his boring talks. His "we will crush BH by June", turns out to be BH crushing us. He's just an ambitious fool. Damn him as he gave no damn about us
Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by Immortal!(m): 2:11pm On Jun 30, 2012
I hardly make a comment on nairaland cos of d barrage of insults that flow in the forum. I was brought up to have regards for my elders and regardless of how good I perceive them, I choose my words carefully when addressing them. The fact that I have a different perspective to an issue, should not make me resort to insulting a personality. I once read from a zig ziglar book that 'ur words are your advertisement, when u open ur mouth, u give people an opportunity to see inside of u', and I concur 100% to it. It's one thing not to admire the person occupying the seat of the president of a country but another to have regards for the office of the presidency. A critic would always point out things that are wrong but it takes a judge to see something wrong and say wat ought to be. Even if my dad is a bad man, based on someone else's perspective though, insulting him is same as insulting me. I see the Prof's statement as an insult for the singular fact that he bluntly said the president is insane(I guess the Prof is sane in his own eyes). Trust me, I can never belittle myself to insulting somebody.
dedeike: Come on, keep quiet. Forbes ratings remains the best and its the universally acclaimed destination for such statistics.Just because they have brought out a report that exposes the lies and falsehood that the fake Ghanian Proffessor has been peddling , that is why you want to discredit FORBES. Which rating should we reckon with? SAHARA abi NAIRALAND? I took time to pick holes in the Ghanian Proffessor's tirades earlier in the week. First, he proceeded on the faulty and unfounded assumption that GEJ did not declare his assets. On twitter, I told him clearly that his paymasters did not properly brief him hence the high level ignorance that the Prof has been exhibiting on social media. I pity his students. A real prof would have taken prudent steps to verify the position of Nigerian laws on the issue of public declaration of Assets. Secondly, he goofed when he said our Agricultural revolution is only tied to distribution of palm seedlings. Every toddler in Nigeria knows the Agric minister is pursuing a reforms of fertilizer distribution in Nigeria and has succeeded in eliminating the middlemen cartel that made access to fertilizer very difficult. Beyond this, he has launched the cassava bread revolution campaign aimed at reducing our reliance on imported wheat. An Agricultural loan scheme has been floated alongside the CBN for local farmers. He is building silos across the federation and has imposed high import tariffs on importation of rice and wheats inorder to encourage local farmers. As part of the national campaign, the president on his democracy day speech directed that only locally produced food should be served in Aso rock and govt public functions. Thirdly, the fake Prof blabbed about GEJ's inability to use Maidugri Airport. If only this Prof was told by his paymaster how much renovation and rehabilitation that this govt has carried out in all the major airports in our country in just one year.Both the ABUJA, LAGOS, ENUGU, KANO AND BENIN airports are under massive reconstruction. On the flip side, the state of the runways of Accra airport is nothing to write home about. When it rains, the runway gets flooded thus leading to the crash of our cargo airplane recently. The prof should hve directed his tirades to his aviation minister, who came on air and made a useless defence of the flooded runways of ACCRA AIRPORT in this mordern age. Finally, the fake prof said our president is of unsound mind. That was the height of rascality by a prof who should know the language of diplomacy. I beg to ask those who have been supporting this slowpoke prof, where did this man derive his allegations from? Which doctor or Health expert pronounced our President insane? What proof can he offer in support of his allegations that our president has a history of unsound mind? For all KOBJUNKIES of this world, I have one word for you.THE OFFICE OF PRESIDENCY is an institution, We should not sacrifice the integrity and dignity of that institution on the altar of hatred and beef for the present occupant. We don't know who will be president tomorrow. It may be you. It may be me. GOD BLESS NIGERIA.

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Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by Degis(m): 2:11pm On Jun 30, 2012
This Professor is only doing the hatchet Job given to him by various groups whose principal interest is to rubbish Nigeria inspite of themselves. It is abundantly clear that only biased and jaundiced views make a great reading in Nigeria especially where it concerns Jonathan and his Administration. Naysayers now hold sway not because of any higher purpose but undue belligerence in view of the fact that they feel that they have lost out in the power game.

Every sensible and knowledgeable Nigerian that has kept track of the governance conundrum will realize that these same set of parasites have been in the corridors of power either in appointive or elected post and are very wary of relinquishing these posts to competent people, to perform the unenviable task of nation building.

I personally don't think that Jonathan has the competence to take us to el-dorado, but it is trite to say that let him perform his duties to the best of his abilities with minimal distractions
Re: Forbes Magazine Exposes Prof Ayittey's Hypocrisy After Mocking Jonathan by omenka(m): 2:14pm On Jun 30, 2012
onatisi:

you are a fool.dumb goat too and as ur ghanaro prof said ur life and future is shattered and broken.why will he pick on nigeria is nigeria the only country having problems.all u guys just like this ur ghana prof becos he insulted gej that is all.i wont be surprised another ghanaro doctors says nigerians are mad and silly .surely he will have some supporters on nl
Stop being so short sighted. The man said the truth and voiced the opinion of majority of Nigerians who scrape a living off the streets. U say 'why will he pick on nigeria is nigeria the only country having problems'? That my dear is one of the worst defences I've eva come across. Its like saying a teacher shouldn't reprimand ur child in skool when they flunk a subject or act objectionably because they are not the only one doing so in the skool! How does that sound to u. Mull over it buddy.

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