GEJ is working

[quote author=bushdoc9919 post=29041477]Oil overdependency caused this.

And yet....Nigerians love their oil.

Time we left oil....and became industrialised.

Oil is a CURSE![/]quote]

Original CURSE

Hope BUHARI dey watch



SAI BUHARI

ALL IS WELL

Thank God we don't spend Naira here in France

Thanks to your clueless presido
Vote GMB...

tit:
a weaker naira means that it will be cheaper to produce goods in nigeria and sell to the world!
this should be an employment opportunity for hardworking people and entrepreneurs.

but machines and raw materials needs to be sought for abroad . The rate will still come down but nigeria has to start manufacturing and reduce finished goods importation.

It's my birthday today as well as my wedding anniversary. Thanks to the nairaland team, I got your mail. Please help me play Iyawo mi by Timi Dakolo. Am dedicating it to my wife cos it's her birthday tomorrow. Thanks!

Firefire:
The story will surely end somehow with good lots to Nigerians.


But as of now, eee no easy

Oya say the truth and show Oga Jona and Okonjo the way out of ASO ROCK by voting wisely.

#Sai Buhari
#Sai APC
#Change

Omo na die we dey like dis

speaktome:
Which way Nigeria

Industrial development and ending corruption.

Which can be achieved by

1.Removing the fuel susbsidy, and reinvesting the cash in technical education and power supply.

2.Improving railways, and removing tarrifs on imported raw materials for industries.

3.Ending poverty and imporving transparency

4.Forcing states to stop their reliance on abuja for IGR.

omenka:
Rubbish!

If this isn't coming from NOI polls then everyone should disregard it. It is a concocted lie from the propaganda mills of APC!!

Sarcasm

Liar! This is not a valid report.

Nigerian economy needs to shift its total dependence on crude oil alone, we are blessed with a lot of resources. That is why we need a true government that would help us become a nation with diverse economic potentials other than everybody dreaming of working in the oil sector alone because it brings the most income. This is sad.

Good one., Soon all the Ibo's importer that re clamouring for re election of GEJ will soon return to from china to there respective villages, thats if he eventually rigged himself into the power come 2015. Change is coming ..........

Temidayo9:
Good one., Soon all the Ibo's importer that re clamouring for re election of GEJ will soon return to from china to there respective villages, thats if he eventually rigged himself into the power come 2015. Change is coming ..........

And chaps like you would be paying higher for your favorite imported goods....it isn't just importers you knows....

mistabiola:



Oya say the truth and show Oga Jona and Okonjo the way out of ASO ROCK by voting wisely.

#Sai Buhari
#Sai APC
#Change

Mr Abiola,

Oya say the truth and show Tinubu and APC the way out of ALAUSA by voting wisely.

HACKPASTOR:
hmmmmmm nawa for this government

this issue and problem isn't affecting nigeria alone . Even the japanese yen, malaysian ringit and brazilian currency has also lost many points . The problem is caused by the global downward price of oil.

firstolalekan:
JONATHÁN! WOE UNTO YOU.

You need deliverance!

tit:
a weaker naira means that it will be cheaper to produce goods in nigeria and sell to the world!
this should be an employment opportunity for hardworking people and entrepreneurs.

it depends on what u want to produce my dear. If u need to get ur raw materials abroad then expect a geometric rise in cost of production

onatisi:
this issue and problem isn't affecting nigeria alone . Even the japanese yen, malaysian ringit and brazilian currency has also lost many points . The problem is caused by the global downward price of oil.

Some Nigerians lately are refusing to use their brains and see beyond politics of bitterness

I pity them. All they know is to blame Jonathan

Putting it mildly....our reliance on oil led us down this path.

And the annoying thing is that Nigerians are not ready to get rid of their reliance on oil.

If we do not take measures to get rid of our reliance on oil....we would continue to suffer when the oil prices go down, and enjoy when they go up...and so on.

Well, I don't like that type of economic policy.

I am sitting out this 2015 election....and probably all future elections....until someone develops a policy to get us off oil and into industrial development(and no---agric is just another form of resource dependency).

tit:
a weaker naira means that it will be cheaper to produce goods in nigeria and sell to the world!
this should be an employment opportunity for hardworking people and entrepreneurs.

how many country de patronize nigeria goods?

FrankC3:
For me, this is the opportunity for us to allow the naira assume it's actual value in the market. The CBN, Finance Ministry and the National Planning office know exactly what is going on. I dont think naira is being devalued, its value has always been falsely maintained by squandering our foreign reserve. It is time to take off the protectionist glove and let the naira gain value on the merits of improved production, employment generation and real economic activity not on the back of foreign reserve, afterall Nigerians are not happy with debt. We can't eat our cake and have it.

It takes ball to do what is happening now in an election period. Dollars will be injected early next year to firm it a little but we should fold our sleeves to build on a solid foundations of agriculture, manufacturing and services that earn foreign exchange.

Well seconded.What kind of country with over 170 million people/moth will wait to be fed by importation.If the US, china, India is cutting down on importation, we should be cutting down on importation of goods that have viable alternatives. Top on import lists are rice, sugar, flour, cars.FG should work on local alternatives of these goods.

tit:
a weaker naira means that it will be cheaper to produce goods in nigeria and sell to the world!
this should be an employment opportunity for hardworking people and entrepreneurs.

Smartest Girl on Nairaland.

I hardly comment but seeing this blew my mind.

muchbeauty:
Nigerian economy needs to shift its total dependence on crude oil alone, we are blessed with a lot of resources. That is why we need a true government that would help us become a nation with diverse economic potentials other than everybody dreaming of working in the oil sector alone because it brings the most income. This is sad.

diversifying the economy cannot be achieved without the citizens help. Most nigerian billionaires do not want to invest their money in the manufacturing and agric sectors of nigeria.

Firefire:


Mr Abiola,

Oya say the truth and show Tinubu and APC the way out of ALAUSA by voting wisely.

You're a clown

Let's blame jonathan

Omo nawa o...196 ke...no more amazon goods buying....bt on d contrary its okay...importation will be less nw we nw depend on our economy

Firefire:


Some Nigerians lately are refusing to use their brains and see beyond politics of bitterness

I pity them. All they know is to blame Jonathan

Well, your man has done a lot...except get rid of our dependence on oil.And that is not good.

Even Vladimir Putin recently admitted that Russia's economic problems are due to oil dependency.

And the only idea that our leadership(and even the opposition) can come up with...is that we need to go to agric(which does not earn enough money because everyone does it).

We need to stop relying on oil.....and start on the road to industrial development....like Korea, Japan, and China.

Because....oil dependency is hitting us hard. We cannot continue like this.