Demdem2:

Retardeen didn't singlehandedly get that vote, the pdp machinery acheived that for him. Can u swear by ur fathers that if retardeen run as independent candidate, he will get 1milion votes in the north?
Cpc=buhari and he acheived a lot with that figure however that isn't enough.
The early coming together of forces will make them strategise early and with the ACN brillance, much more numbers will be brought in. U are still a rookie no doubt.

rhymz: hahahahha. . .and Buhari single handedly got the votes Niggga you are high on some farce. Have you witnessed any elections in the north before? I have conducted a by-election as a corper in Sokoto state, I doubt there is anything new you can tell me about electoral intrigues in the north. The reality is this: PDP is hugely popular in the north for a start, Parties win elections not just candidates. Buhari is popular amongst militant muslims not an average northerner in the street. If he was so popular, it will reflect in the number of states his party controls in the north, last Time I checked, it was just one. Even the ANPP that is not as noisy as the CPC and ACN controls more than one party in the north. Buhari is popular on the fringes not where it matters. His popularity is useless if it can not win elections for both himself and his party. Jonathan and the PDP on the other hand does not need to bask in the euphoria of propaganda and empty talk,they have structures to take care of that...may be you and your APC ppl should concern yourselves with that for now and quit obsessing about PDP.

rhymz: hahahahha. . .and Buhari single handedly got the votes Niggga you are high on some farce. Have you witnessed any elections in the north before? I have conducted a by-election as a corper in Sokoto state, I doubt there is anything new you can tell me about electoral intrigues in the north. The reality is this: PDP is hugely popular in the north for a start, Parties win elections not just candidates. Buhari is popular amongst militant muslims not an average northerner in the street. If he was so popular, it will reflect in the number of states his party controls in the north, last Time I checked, it was just one. Even the ANPP that is not as noisy as the CPC and ACN controls more than one party in the north. Buhari is popular on the fringes not where it matters. His popularity is useless if it can not win elections for both himself and his party. Jonathan and the PDP on the other hand does not need to bask in the euphoria of propaganda and empty talk,they have structures to take care of that...may be you and your APC ppl should concern yourselves with that for now and quit obsessing about PDP.

GenBuhari: [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.
www.nairaland.com/attachments/635156_Buhari_jpgd50be5e2308ebe86c9271391021b0a5f
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.
www.nairaland.com/attachments/635893_Gen__Buhari_jpg3932850d15a62856c902dd8cc516cff9
To cut down on government expenses, the federal work force was cut by 30% and imports for 1984 pegged at 4 billion pounds (mostly on basic foodstuffs, spare parts, and raw materials for local industries), against 14 billion pounds spent in 1983. To ensure that Nigeria remained respectable on the international business world, Buhari committed to honoring Nigeria’s debt payment schedule irrespective of the limited earning potential of Nigeria. In August 1984, Buhari was on one of his meet-the-people nationwide tours, which he began as soon as the administration got on its feet. Everywhere he went, the people embraced him, coming out en mass and ushering him tumultuous cheers and unreserved applause. In one of his speeches to the people (this one in Owerri), he reiterated Nigeria’s commitment to honoring its debts, the dire economic situation notwithstanding. "The task of this administration is how to persuade Nigerians to understand that for a number of years to come, we would be paying debts, the roads may be long and thorny but we believe that on our shoulders lies the responsibility to save our fatherland from devastation that has resulted from mismanagement" (Newswatch, February 18, 1985).
[img]https://www.nairaland.com/attachments/635886_Gen__Buhari_-_Armed_Forces_Day_jpgae96a40b5e2050b6d582cd44f4943800[/img]
Buhari could not have been any more correct in his statement above. Assuming Nigeria took no further loans, its breakdown of loan repayments was as follows: 3.9 billion naira ($4.4 billion) in 1985, 3.7 billion naira ($4.19 billion) in 1986, 2.8 billion naira ($3.2 billion) in 1987, until a decrease to 703 million in 1991 (Concord Weekly, May 6, 1985). Nigeria’s precarious financial situation made it impossible for it to finance capital projects and meet up its balance of payment obligations. With oil export pegged at 1.3 million barrels per day by OPEC, borrowing from external sources became necessary. To this effect, Nigeria proposed borrowing 1.795m naira to finance its capital project from the IMF. The patriotism with which General Buhari handled Nigeria’s dealings with the IMF was the highlight and beauty of Buharinomics.

[img]https://www.nairaland.com/attachments/635887_General_Muhammadu-Buhari-1984_jpg807fb78f1366f42744d90196f32d264e[/img]
In order to qualify for the loan, IMF gave Nigeria certain conditions which must be met. In 1984 when the naira exchanged for $1.34, the IMF demanded a minimum of 60% devaluation of it. Buhari refused, agreeing only to a "crawling peg"—a mechanism whereby government would realign the currency gradually, forestalling or minimizing economic and social dislocations because of such drastic devaluation of its currency. In addition to the devaluation of the naira, IMF demanded that government took other drastic actions: (a) The government must remove its subsidy on petroleum. (b) It must curtail its expenditure. (c) Government must rationalize its tariff structures. (d) It must put a freeze on its wages. (e) It must put a total end of non-statutory transfers to State governments, (f) Government must at least institute a 30% raise on interest rates—government resisted this because the decline in its revenue earnings and its debt obligations made it almost impossible to raise interest rates without triggering inflation (West Africa, May 14, 1984).
www.nairaland.com/attachments/908607_Gen_Buhari_jpg680f0e3cee55a5a2432551406739fb8e
The Nigerian government and veteran economists in Nigeria (like Aluko, Onosade, Okigbo, etc) could not make sense of being asked to devalue its currency when Nigeria’s imports were in dollar and its export (fixed quantity of oil) was also in dollar. The implication of devaluation was that Nigeria would pay more to import lesser quantity of goods than it did prior to any devaluation. It would also export the same amount of oil it exported before any devaluation and derive lesser revenue than it received before any devaluation The impacts of it debt payment would have harsher effect on the citizenry if the naira was devalued. This did not make any economic sense to Buhari; it struck him as an insult on the intelligence of the African. Finance Minister Onaolapo Soleye and Alhaji Abubakar Alhaji who led the Nigerian delegation to the last negotiation in Washington were chewed out by US Federal Reserve Chairman, Paul Volcker, for presenting the Nigerian governments rejection of most of these recommendations. For rejecting the IMF conditions and the loan, the Buhari administration got into the black book of Washington. Already, it had earned the dislike of 10 Downing Street for cutting down Nigeria’s imports from the UK by about 350%. In any case, without the IMF loan, government was still in a bind as to how to finance capital projects and pay for imports, especially spare parts for local industries, food items, etc. At this juncture, the genius and resourcefulness of Buharinomics illuminated to the delight of the African.
www.nairaland.com/attachments/686219_buhari_parade_jpgcf420c430ac5cdb9a5c0fadf1e0fb509
First, the administration sent Oil Minister Tam David West to OPEC to seek a raise in the quantity of oil that Nigeria could export. If OPEC agreed, Nigeria would expect to generate extra revenue in the long run from any increase of its oil quota and this would assist tremendously in augmenting the shortfall in the nation’s purse. Professor West came back empty handed—the US and Britain had put pressure on their puppets in OPEC (like Saudi Arabia) to refuse Nigeria’s request.
www.nairaland.com/attachments/710787_buhari_pic_gif0b92a71a0ffa3f1da9713778c0f7a2f0
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. (d) 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.
www.nairaland.com/attachments/726098_Buhari_jpgd50be5e2308ebe86c9271391021b0a5f
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.
www.nairaland.com/attachments/754009_Gen__Buhari_jpg3932850d15a62856c902dd8cc516cff9
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.

[img]https://www.nairaland.com/attachments/754008_Gen__Buhari_-_Armed_Forces_Day_jpgae96a40b5e2050b6d582cd44f4943800[/img]
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.
[img]https://www.nairaland.com/attachments/754010_General_Muhammadu-Buhari-1984_jpg807fb78f1366f42744d90196f32d264e[/img]



for the corrupt, the fear of Buhari is the beginning of wisdom

Okiki_Oluwa: Shoo! Babangida Aliyu na Chairman of ocassion. Shey he don dey sign out of PDP small small.
----------------------
Last Bullet: Yes, PDP failed me & you. But I don't think APC is better. APC is filled with same corrupt people as PDP.
This union of Tinubu & Buhari will not end well. Yoruba & Hausa friendship for power no dey last. Trace back to Afonja & Alimi in Ilorin to eliminate Alafin Aole of Oyo, 200years ago.

OK_2_NV:
The last time that collabo was tested it resulted to a civil war and later a dysfunctional, corrupt and tribalistic government structure headed by mediocre abokis at the center and arrogant self serving tribalistic yorubas heading the civil service.

Why doesn't the north and sw secede and form their harmonious nation?

rhymz: Abeg stop exaggerating the importance or popularity of these men especially Fashola. Outside of southwest, na for where im popular again? Even in the southwest, there are some very popular people than Fashola. Buhari on the other hand has lost three times, which kind popularity be that one? I see sentiments and tribalistic considerations at play and nothing more in your combination; one loser and one naive newcomer. Any discerning person from afar can see through all that charade in your arguments, it is what it is, tribalism and parochial sentiments.

confusion247:
For you to see the picture clearly as it is, two alomo for you. These are the people that is preaching and shouting one Nigeria but the hand writing is all about ACN and CPC. South west/north, that is One Nigeria. Why haven't these old men thought of having this their media propaganda in Ph or UYO or ENUGU.

OK_2_NV:

Look at u advocating for the most despotic ruler who led to the truncation of the then democratic goverment. The same man who is solidly behind one of the most brutal and senseless violence that engulfed most northern states. A man whose silence on boko haram is a valid admission of affiliation and support to terrorism. A man who knows only violence, a sectional candidate who never appealed to the south south and southeast for their support by not even bothering to campaingn in those regions. Then you have that b@stard unsurper and thief tinibu.

onatisi:
dont mind those acn monkeys ,they will soon wake up and start telling u nigeria history from 1770,even before sir lugard was born.i can assure ppl that come 2015 acn will lose some states in the south west.they should forget about the presidency that is impossible for them to win

OsunOriginal:

12 million Nigerians voted for him without spending a kobo. PDP had to rig in SS and SE - and also intimidate voters in the north with the help of PDP gov to defeat him in 2011.

2015 will be different - expect full turnout in south west as against 35% turnout recorded in 2011. 80% of the 35% turnout of 2011 will be voting for APC this time around. And GEJ has no place in the north - I am still waiting to see how he will even campaign there talkless of getting votes. It will be total defeat...

Toktee: Because your oldman iz a security guard at pdp office thats why acn has become monkeys abi?

Emmadani: I dey pity nigeria o,no wonder USA predicted dat 9ja wil b divided in 2015....,what i knw is dat south south pple cannot sit down n just look at tinubu n buhari chop their oil money.By dat time,una go sabi d tru defination of corruption when apc take ova.At d time when south south are embarking on development its dat tym dat tinubu n buhari want 2 take ova.Hahhabhabhab,i dey laugh 4 swahili.

Demdem2:

Good u agreed that it was the pdp that won those votes and not retardeen.that is the crux of the matter especially in the north. U are also wrong to declare that he is only popular among militants. That's hatred talking in u. He isn't popular among militants and he isn't noted to be one.
His inability to capture more states is due to several factors that includes not so credible candidates and also the CPC being a new party trying to have a strong footing etc.
Parties I agree win elections and candidates also av pivotal roles to play. The shoeless one used this to his advantage excellently.

Buhari knows he can't do it alone and that explains his joining forces together. Say whatever u want to say about him, it won't change the fact that he is a "votes puller". Starting early and strategising, getting to the hearts of the grassroots takes time and that explains current political allignment.

OK_2_NV:

Look at u advocating for the most despotic ruler who led to the truncation of the then democratic goverment. The same man who is solidly behind one of the most brutal and senseless violence that engulfed most northern states. A man whose silence on boko haram is a valid admission of affiliation and support to terrorism. A man who knows only violence, a sectional candidate who never appealed to the south south and southeast for their support by not even bothering to campaingn in those regions. Then you have that b@stard unsurper and thief tinibu.

rhymz: hahahahha. . .and Buhari single handedly got the votes Niggga you are high on some farce. Have you witnessed any elections in the north before? I have conducted a by-election as a corper in Sokoto state, I doubt there is anything new you can tell me about electoral intrigues in the north. The reality is this: PDP is hugely popular in the north for a start, Parties win elections not just candidates. Buhari is popular amongst militant muslims not an average northerner in the street. If he was so popular, it will reflect in the number of states his party controls in the north, last Time I checked, it was just one. Even the ANPP that is not as noisy as the CPC and ACN controls more than one party in the north. Buhari is popular on the fringes not where it matters. His popularity is useless if it can not win elections for both himself and his party. Jonathan and the PDP on the other hand does not need to bask in the euphoria of propaganda and empty talk,they have structures to take care of that...may be you and your APC ppl should concern yourselves with that for now and quit obsessing about PDP.

rhymz: hahahahha. . .and Buhari single handedly got the votes Niggga you are high on some farce. Have you witnessed any elections in the north before? I have conducted a by-election as a corper in Sokoto state, I doubt there is anything new you can tell me about electoral intrigues in the north. The reality is this: PDP is hugely popular in the north for a start, Parties win elections not just candidates. Buhari is popular amongst militant muslims not an average northerner in the street. If he was so popular, it will reflect in the number of states his party controls in the north, last Time I checked, it was just one. Even the ANPP that is not as noisy as the CPC and ACN controls more than one party in the north. Buhari is popular on the fringes not where it matters. His popularity is useless if it can not win elections for both himself and his party. Jonathan and the PDP on the other hand does not need to bask in the euphoria of propaganda and empty talk,they have structures to take care of that...may be you and your APC ppl should concern yourselves with that for now and quit obsessing about PDP.

Suntzung:

MY BROTHER YOU DE SCARE D HELL OUT OF THEM WOH! ABROAD VISA GO HIKE BE THAT VERY SOON WOH, RUN STARTS 2014....

bcomputer101:
Applauding the role of the opposition, Aliyu said: “Lai Mohammed has been asking us to understand what Nigerian politics has been and what it will be. If you want to excel, you must have enemies that will put you on your toes. opposition is always there to help you to look at the other side of the coin.”

mathskill: yorubas hv displaced the hausa/fulani to bcome d new power brokers in dis country.financial power,hegemony in decision making as a voting block n d required interllectual capacity.I am srry to say, PDP ur time is up.d sooner u start parking ur belongings out of power d better so when d time to leave comes u dnt park in a hurry n forget something behind.