naijaboy756:
Thread for the recipients of N30K allawi. oya tell us about the 1984 recession. Buhari holds a record with the Guiness book of records. The only human in human history to,have led an economy into recession twice even without a WAEC cert

imhotep:

zombie

henrysam:
One expected your Buhari to swing into action when we all realized things were in a mess as you said. But what did your god do dilly dally and junket in round the globe telling who cares to listen that the whole country is corrupt. Delayed for 6 good months to choose ministers and at the end chose round peg in a square holes as monsters and special aides

2cato:
demdem the chief mo.ron of nairaland how far

progress69:

Ok we have seen u boys, you are allowed to go back outside and play with sand.

You have said nothing!

imhotep:

And what exactly do you think you have said ?

progress69:

i wouldn't know if u are one of those who lie daily on NL. what the ipod yoots and PDP looters have always said was that a booming and vibrant economy was handed over to Buhari who crashed it. That is first the point of this thread. Yes we brought Buhari in, but he is no Magician, he dealt with a lot of challenges for almost or over a year when he came in first, from terrorists blowing pipelines, to oil crashing to $28/barrel which is below the production rate and he managed to keep the country afloat. we have seen massive improvements in Agriculture, solid and mineral resources sector and we have also seen an increase in non oil income revenue. Buhari is no magician, he may have made many mistakes, but he was and is still the wisest choice. I sometimes wonder what would have happened if PDP continued.

Ovamboland:


But in all honesty, do you think giving power back to those whose methods caused the problem is the way out?

What has changed with them to earn our trust?

progress69:

you have still said nothing!!!!
if u cant see what i have said, that is not my fault, i didn't create the organ that makes u understand things

Stycon:



The funny thing is that people makes party and not the other way. You should be aware that APC has lots of ex-PDP. Ain't you?

Stycon:


Lol @ lie daily on NL

I am not for PDP nor am I against APC. I am just a citizen who demand accountability for people saddle with governance responsibilities

I agree that he is not a magician and he shouldn't be expected to perform magic. All I am saying is that it's time this blame game stopped.

It's his job to keep the economy afloat...receiving applause or otherwise depend on how well he delivers on that.

Yeah, in the face of the recent storm, I would say the current scorecard on non oil sector looks plausible, howbeit, much is expected.

Yeah. Oil inflow is subjected to global oil price and stability in the ND. However, I believe much still need to be done with regards to the non-oil sector...for instance, do you think the VAID is gonna do the expected job with regards to ultimately improving tax revenue?

Do you think focusing on Debt-GDP ratio over the alarming cost of servicing the debt is the way to look at the borrowing spree?

What is your take on the current or just released unemployment rate by NBS?

Are you aware of what the high interest rate is doing to the SMEs?

Toketimt:


Another shameless Indomie kid. Ask ur fathers about what transpired when Buhari became military leader. Ask them how the likes of Shagari, dikko and their likes ruined this country before he came in.
For ur info fool, Nigeria is no longer under recession

progress69:


Bill Clinton blamed, Bush blamed, Obama blamed, the orange man in white house is still blaming. That is politics. This did not stop any of them from carrying out their presidential duties, so as it not stop Buhari from carrying out his. Job loss is expected when a country plunges into recession. During the global reccession, there was job loss everyehere, America and others didn't pull out of that overnight, took years to build what was lost back. We are gradually moving, and we will get there. But to bring PDP back, Never!!!!!!

billante:
All these APC goons that opened and are commenting on this thread if you guys can tell your self some honest truth....you all should know buhari administration has been full of excuses and below par.

All the worst they told us that would have happened if GEJ administration had continued still happened....those situations are too numerous to mention.

A problem solver would still get things done even if the materials that is available to do the job is withdrawn from him, he cracks his brains and get a way around the lack of materials to get the job done.... But a bad administrator will complain from day one and at the end will give a below par permomance.

You guys should watch designated survivor(series) to see how presidential office is supposed to be runned.

Nigeria deserve better running of a government...Buhari admin is far from it.

progress69:


we should watch a series as in movies to see how a presidential office should be run? SMH. This alone is enough not to even bother engaging you in a discuss before you tell us to watch Scandals too

progress69:


we should watch a series as in movies to see how a presidential office should be run? SMH. This alone is enough not to even bother engaging you in a discuss before you tell us to watch Scandals too

bounty007:
All NA WASH..

Op nigerians can't continue like this... you n others at BMC know this truth.

Buhari must go...

another four years like this

some human really need brain reset..ahswear.

progress69:


this article is not for people that are atikulating. Logical reasoning and common sense is far from those ones.

imagine normal human being thinking of bringing back Nemesis of 16 years back to his life....

lol

madridguy:
Good analysis by fellow Buharist OP.

My contribution is that Sai Baba was brought in to power as a substitute just like a football player to replace GEJ and we expect wonders from him.
Nigerians knew the damage and havoc the satanic party has caused, reason we booted them out, so we want more from PMB.

To Whom Much is Given, Much Is Expected.

Sai Baba we need the CHANGE we massively vote for.

DLondonboiy:
Was Goodluck also the reason Buhari took the country into recession in "83?

A FAILURE is a failure...no matter what anybody says!

Jaideyone:
good one OP. Saudi Arabic had over 500b dollars in foreign reserve during the oil boom. Saudi was able to defend it's economy with it's foreign reserve. Nigeria refused to save during the oil boom and there was nothing w would use to defend the economy when oil started selling at $40per barrel.

the recession was unavoidable!!!