President Buhari with Kemi Adeosun, Okechukwu Enemalah and Crown Prince of UAE, Sheikh Mohammed Bin Al Nah Yan witnessing the signing of bilateral agreements by Ministers of Trade, Finance and Justice in Abu Dhabi on 19th Jan 2016 , Photos below.

Report From http://www.viviangist.com/buhari-with-kemi-adeosun-okechukwu-enemalah-sign-nigeria-uae-landmark-deal-photos

Cc; lalasticlala , mynd44

Hope for better change

It's pictures like these that make wailers lose their common sense.

While PMB and his team are busy clearing the mess of Jonah and his goats that ate our yams, wailers and IPODs are busy wailing and protesting.

While patriotic citizens see light at the end of the tunnel, wailers and IPODs pray for complete collapse of the economy in the faint hope their silly support for continuation of lootocracy will be justified.

Read my lip: Buhari and his team will succeed beyond our expectations. Nigeria shall emerge from the current challenges brought about by past looters disguised as leaders.

I hope this will brings more investment to naija, we are tired of seeing pictures

For those asking why he travelled, this is your reponse... Aunty Kemi, I'm single.

Even Stella and Maduekwe no reach here

DropShot:
It's pictures like these that make wailers lose their common sense.

£1=N410.

Sunnybobo3:


£1=N410.

And that's Buhari's fault?

It's his fault that our economy is oil dependent?

It's his fault that oil price has crashed?

It's his fault that Jonah couldn't build upon our foreign reserves?

It's Buhari's fault that Jonah failed to save despite unprecedented earnings?

Wailers lack capacity for critical reasoning.

Sai change, we are still waiting for when 1 naira will be equal to 1 dollar

DropShot:

And that's Buhari's fault?

It's his fault that our economy is oil dependent?

It's his fault that oil price has crashed?

It's his fault that Jonah couldn't build upon our foreign reserves?

It's Buhari's fault that Jonah failed to save despite unprecedented earnings?

Wailers lack capacity for critical reasoning.

You dey mind the iliterates?

Wailers association abeg food is not ready I repeat food is not ready avoid this thread with extreme prejudice.

Sunnybobo3:


£1=N410.

$2.1B

nice.
now, who among the wailers wants to jump in the lagoon first?
any takers?

DropShot:

And that's Buhari's fault?

It's his fault that our economy is oil dependent?

It's his fault that oil price has crashed?

It's his fault that Jonah couldn't build upon our foreign reserves?

It's Buhari's fault that Jonah failed to save despite unprecedented earnings?

Wailers lack capacity for critical reasoning.

No, it is my fault.

Nigeria finally has a President.
A step and then another completes the longest journey. #We are getting there

Sunnybobo3:


No, it is my fault.

Yes, by defending corruption rather than virtue.

Sunnybobo3:


No, it is my fault.

I pity you!

What the hell zoo called Nigeria will gain from UAE? Why are these fools in Nigeria like to run second fiddle to any fool who is a Muslim? UAE is a certified consumer country just like the cesspit called Nigeria. It really sucks to be Nigeria.

I am really worried about what they are signing considering how amateurish their budgets are

Have they thoroughly read the documents?

Please I hope they are not signing our lives away

Is UAE colonizing Nigeria?

krendo:
I am really worried about what they are signing considering how amateurish their budgets are

Have they thoroughly read the documents?

Pleas I hope they are not signing our lives away

Is UAE colonizing Nigeria?

Yes UAE is colonizing Nigeria!

Karlovich:
Sai change, we are still waiting for when 1 naira will be equal to 1 dollar

They've told you already, you can make that dream come true by yourself today, you don't even have to wait for that man called Buhari. Just carry your $1 and change it for N1

Ok

am I the only who thinks in the first picture the UAE man standing next to Buhari feels sorry for the signatory.

krendo:
am I the only who thinks in the first picture the UAE man standing next to Buhari feels sorry for the signatory.

I heard he was so sorry for the signatory that he grabbed the papers and ate it.

DropShot:

And that's Buhari's fault?

It's his fault that our economy is oil dependent?

It's his fault that oil price has crashed?

It's his fault that Jonah couldn't build upon our foreign reserves?

It's Buhari's fault that Jonah failed to save despite unprecedented earnings?

Wailers lack capacity for critical reasoning.

Thank you. Is it Buhari's fault Nigeria remains a mono-economy pathetically dependent on crude oil sales after PDP has led for 16 years? Is it the fault of the APC that the SME sector is moribund? These guys just open their mouth to talk irritatingly in senseless ways that show they are not objective at all and do not mean well for Nigeria.

krendo:
am I the only who thinks in the first picture the UAE man standing next to Buhari feels sorry for the signatory.

he is not sorry...he is only being humble...that's how rich people behave.

Gbawe:


Thank you. Is it Buhari's fault Nigeria remains a mono-economy pathetically dependent on crude oil sales after PDP has led for 16 years? Is it the fault of the APC that the SME sector is moribund? These guys just open their mouth to talk irritatingly in senseless ways that show they are not objective at all and do not mean well for Nigeria.

That's why they're called wailers anyway.

May this bring good tidings to the less privilege.

This Arab prince wore mere sandals, the first pic

Sunnybobo3:


£1=N410.

You guys never fail to amuse me with your pathetic and unintelligent excuses that you think hides the glaring fact that you do not mean well for Nigeria and Buhari. Did the depreciation of Naira start under Buhari ? Stop coming here to embarrass yourself daily. you're not fooling anyone and it is crystal clear you and your ilk desperately want Buhari to fail. The article below is from 2014 when your lord and messiah , who you never criticised over the falling Naira, was President. Shame on you enemies of progress. Nigeria needs no external enemies with 'citizens' like you. Majority of the current woes Buhari is valiantly tackling began began under the PDP and the very corrupt and highly inept GEJ you worship. Not the comments of intelligent economist and analysts, who do this for a living, below while you and your kind continue to come here with your half-baked arguments motivated by nothing but your hatred of others. remind us again who failed to save when oil prices were high as highlighted in the article below if not your thieving messiah GEJ and his looting minions.Tell us as well who turned the power privatisation into a "come and chop" crony capitalism exercise that is only producing darkness. You guys are very shameless.

http://www.wsj.com/articles/nigerias-tumbling-currency-a-victim-of-falling-oil-prices-1417535209

Nigeria’s Tumbling Currency a Victim of Falling Oil Prices
Highly Oil Dependent Economy Feeling the Pinch
Nigeria’s currency has fallen to record lows as the country is hit by its dependency on oil, the price of which has tumbled 40% since June.
REUTERS
By PATRICK MCGROARTY, DREW HINSHAW and JOSIE COX
Updated Dec. 2, 2014 2:20 p.m. ET
3 COMMENTS
Nigeria’s currency tumbled to a record low on Tuesday, hammered by falling oil prices that have weighed on Africa’s top economy as it heads toward an election.

Nigeria overestimated oil prices this year by a wide margin—and is now suffering. Economists fear weak oil prices may prevent Africa’s most populous nation from hitting the 7% growth the International Monetary Fund has forecast for this year.

“We’re a substantial way from the economy even starting to think about being able to recover,” said Nitesh Shah, an analyst at ETF Securities in London. “The government’s options are limited.”

Oil and natural gas make up almost all of Nigeria’s exports and 80% of government revenue, according to the IMF.

As Brent crude prices have slipped 40% since June, to $68 a barrel, the wheels have begun to come off Nigeria’s economy.

Nigeria, whose economy surpassed South Africa in April as the continent’s largest, has striven to generate revenue beyond oil. Recent years saw promising growth in booming telecommunications, banks, hotels and other service businesses.

But to sustain that growth, businesses say they need bigger ports, more highways and fewer blackouts that crimp factory production and curb tax revenue. A weaker naira will make it more expensive to build that infrastructure.

The naira slumped to 186.9 to the U.S. dollar, traders said, extending a slide that has shaved more than 10% off its value this year.

Many African countries are paying the price for counting on one commodity to drive their economies. Growth has stalled in oil-rich Angola. Falling copper prices have dented growth in Zambia. Lower iron-ore prices were hurting Guinea, Liberia and Sierra Leone even before the Ebola epidemic made things far worse.

ENLARGE
President Goodluck Jonathan, standing for re-election, has come under pressure to avoid unpopular spending cuts. As a result, the current budget of nearly $30 billion is hardly $1 billion leaner than last year’s, but the decline in oil prices has choked revenue.

In October, Nigeria—which spends a fifth of its budget on its military—borrowed an additional $1 billion to buy helicopters, fighter jets and other equipment to combat Islamist militants. On Tuesday, the insurgency Boko Haram bombed a market in one city and raided police barracks in another.

In November, the government submitted a revised budget that proposes spending cuts based on a new average oil price of $73 a barrel. But even that price could be “overly optimistic,” warned the central bank governor, Godwin Emefiele.
‘We get used to high oil prices and assume it’s going to be there forever.’
—Ken Iwelumo, former investment banker
Nigeria isn’t the only big oil producer with a wilting currency. Russia’s ruble has shed nearly half of its value against the dollar since May. Norway’s krone has dropped 17% since then, and the Canadian dollar is down 5%.

[size=14pt]But Nigeria is particularly vulnerable. Unlike its peers, it didn’t save while oil prices were high. A public fund that contained $20 billion in oil proceeds when crude prices first surged past $100 a barrel in 2008 had shrunk to $4 billion as of November.

“We get used to high oil prices and assume it’s going to be there forever,” said Ken Iwelumo, a former investment banker who now farms catfish in Nigeria.
[/size]
Economists say oil prices could stay low for months. The 12-member Organization of the Petroleum Exporting Countries, who collectively pump more than a third of the world’s oil, agreed last week to maintain a target of producing 30 million barrels a day.

Meanwhile, the country’s power-privatization program has hit snags. Investors say they can’t improve supply until the government invests $1.5 billion a year to replace a rusted-out grid of power lines.

Nigeria’s All-Shares Index fell 1.8% on Tuesday, extending a drop of almost 18% this year.

In November, Nigeria’s central bank tried to support the naira by limiting sales of the U.S. dollar. When the naira continued to drop, the central bank bought the Nigerian currency to pump up demand, traders say. The bank’s foreign-exchange reserves shrank by $2 billion and the selloff continued.

Last week, the central bank raised its benchmark interest rate by one percentage point to a record 13%. It also lowered the naira’s target trading band to around 168 against the dollar from 155 previously.

The naira is still trading outside that target. Fresh dollar sales by the central bank did little to stop its slide, traders say.

“Things are happening too quickly, too suddenly, too sharply for the average Nigerian or even analysts to process,” said Bizmark Rewane, managing director of Lagos-based Financial Derivatives Co. “We do not know what will happen.”

Ichide:
This Arab prince wore mere sandals, the first pic

Only for ypu to get to his house and see his footmat is a mixture of gold and lion skin