vanunu:


Which country has done it in six yrs, are you a learner?

WhiteTechnology:



Unfortunately Buhari and Osibanjo do not believe in these points listed below


1) Resource Control

2) Fiscal Federalism

3) Privatization

4) Political Federalism

5) Decentralization of Nigeria

6) Restructuring of Nigeria

6) Institutions giving detail account of their financial/other activities to the public through their websites/panels for public scrutiny every 3months.


Which are the fastest route to

I) economic diversification,
ii) citizenry prosperity
iii) political stability
iv) reduce corruption


These 7 points are the basis of True Federalism which can help Nigeria become a Super Power and a first world Nation.

bushdoc9919:


Good question.

And the answer is....oil brings rapid return.

Industries on the other hand take time to see returns

podosci:

i want oil to become obsolete, then Nigeria would have to start from scratch.......then we would have to work for every penny we earn....only intelligent leaders would step up to lead and develop stringent economic policies to carry us forward.... .

Promhize:


The automotive policies and huge improvements in Agriculture isn't diversifying the economy?

Your siblings and friends are busy finding faults and being true to their words about making the country ungovernable for him, instead of telling us how they would solve our economic problems.

They have hit a spot with the majority clueless, dumb Nigerians of tackling corruption and thereby solving all our problems. A presidential aspirant saying he would stabilize our currency and economy by regulating world oil price. Such a shame.

His VP too saying they would create 20,000 jobs in every state with the help of the state governments, Is it magic? Tell us how you hope to do such, without creating more useless agencies with money that should go into infrastructural development and improving the economy

In the last 4years, Rotimi Amaechi is the single most corrupt politician in this country - he even brags about doling money to people, and APC wants to fight corruption.

omenka:
How the cookie crumbles.

I'm hoping to see that day Nigeria can't export a single drop of oil so we can have real leaders ready to roll up their sleeves and do some hard work, and not the nutcases high on petrodollars striding the corridors of power today.

#TeamNoMoreOilExports.

bushdoc9919:


Buhari also jailed a lot of Northerners (one of the Northerners he jailed was the first Nigerian VC of my alma mater...and Shagari's Foreign Affairs Minister....the man was in jail...not in house arrest.). He also freed one politician...a Southerner(Pa Michael Ajasn...Bola Ige too almost got freed...if not for some fresh charges brought against him). And he almost got Dikko (something which the man has not forgiven Buhari for up till now).

enny09:
so why are nigerians still buying a litre of petrol @ N97 despite the fall in oil price

donpeey22:
I am not implying that we should rely on Agric. All I am saying is that we can still package our agricultural products very well and tap from the sector to improve our economy.
If we can compete with other oil producing Nations in the oil market, why can't we do same in the Agric sector. Let us improve our production and packaging methods for all our Agric products and go into the market, I believe we will do well.

Tibins:


No! not 6yrears, but almost 5years. President Yaradua passed on (may his soul RIP) in 2010. Jonathan was denied acting President position due to needless power struggles. By the time he got the acting President it was around May 2010. However, shortly preparation for 2011 elections started, It was 2011 that he contested and won.
That's about 4 years plus.... REMEMBER THE FIFTH YEAR IS STILL RUNNING.

CyberWolf:
why not go ahead and destroy it so that it won't exist again..you people has evil mind but the evil you people are planning for this country will soon consume you all and your entire generation..Nigeria will keep on getting better and better..

kenrish2:
.

CFCfan:

But placing the head of a supposedly corrupt govt under mere house arrest was a massive error in judgement on the part of Buhari, whilst putting the powerless VP in Kirikiri prisons.

I hope the latest slump in oil prices would finally convince the spendthrift governors on the need to save for the rainy day, and will be a lesson to the CBN not to use precious reserves to artificially prop up the value of the Naira.

The longterm goal of the FG should be effective diversification of the economy to protect it (economy) from the vagaries of the oil market.

bushdoc9919:


Abeg.....export of Agric products won't bring in much cash.....because we don't have the guaranteed markets, and we are still not producing enough. Also, the backbone of our agric is small scale farmers. Lastly....everyone is in agriculture....and as a result prices stay low(unless there is a drought in Asia).

Industries using our local raw materials is the answer. Agric will not save us. This is not the 1960's....when UK could buy our groundnut and palm oil and cocoa.

WhiteTechnology:



Unfortunately Buhari and Osibanjo do not believe in these points listed below


1) Resource Control

2) Fiscal Federalism

3) Privatization

4) Political Federalism

5) Decentralization of Nigeria

6) Restructuring of Nigeria

6) Institutions giving detail account of their financial/other activities to the public through their websites/panels for public scrutiny every 3months.


Which are the fastest route to

I) economic diversification,
ii) citizenry prosperity
iii) political stability
iv) reduce corruption


These 7 points are the basis of True Federalism which can help Nigeria become a Super Power and a first world Nation.

collinsVP:



Note: before they will get to roll their sleeves, the downtrodden,
the poor, the middle class must have been in the brink of
extinction from the face of the earth. We pray for stability
in oil price and a competent leader that we diversify our
economy cause the later is not realizable in the short run
rather in long run. And it requires resources to diversify.
So if we cannot sell a drop of oil how do we get money
for diversification?

CFCfan:

But placing the head of a supposedly corrupt govt under mere house arrest was a massive error in judgement on the part of Buhari, whilst putting the powerless VP in Kirikiri prisons.

I hope the latest slump in oil prices would finally convince the spendthrift governors on the need to save for the rainy day, and will be a lesson to the CBN not to use precious reserves to artificially prop up the value of the Naira.

The longterm goal of the FG should be effective diversification of the economy to protect it (economy) from the vagaries of the oil market.

juman:


What a clueless nation with useless "leaders".

The oil should go to ten dollars per barrels.

juman:


What a clueless nation with useless "leaders".

The oil should go to ten dollars per barrels.

PassingShot:
Make the oil price be 10 dollars per barrel sef.

There are many nations without oil and they're doing far better than us.

Mr. Clueless presided over a surplus regime of oil price but couldn't have any savings for rainy days?

I mean what happened to the excess monies we earned when oil sold at above 100$ (peaked at $115) per barrel while our budget was done on 70 something dollars per barrel? You all know the answer as much as I do.

As a result of the drop in oil price, our prodigal and clueless president and his team devalued the naira so that a dollar now exchanges for around 190 naira.

If they were not clueless or corrupt, they would have known that a time like this was bound to come and could have kept enough in the excess crude account to augment the deficit during this hard times. Afterall other OPEC members are not known to have devalued their currency since the drop in oil price started. Talk of cluelessness and thievery at its peak!

Kick Out Cluelessness in 2015 and Bring Back Hope and Change in GMB/PYO

ibisko04:

If we are to apportioned blame on this oil money issue, we will blame's all the governors present and past. Where is SWA account, where is ECA and other account that we don't know the name they are called. At least for the next one year, Nigeria economy supposed to not feel the impacts of this crude oil price falls.
Since 2004, oil price has always been more than whatever amount the government budgeted for. And every year, we always hear about one account or the other where excess money is kept.
The rain have just started falling and we are already feeling it as if it has been falling for 2 years. And to add insult to our injuries, nothing is on the ground that we can point to as what the money was spent for.
Nigerians, we must stand up to ask questions from the leaders .
We should not only know how to hits the street when the fuel prices are increased. We should know now that our leaders are robbers and they should be treated as such.
Now that crude oil is coming down in price around the world, why is it that Nigerians are not seeing it reflected in the price of diesel, kerosene and pms.
We must not continue like this, or else we will find out very soon that our naira will be as useless as Zimbabwean dollars.

decode55:
for me, this is welcome news.

When Jonathan wins again come 2015 _{(notice I used "when" not "if" because its a certainty)}


I'm sure the first thiget to stay he would do is to diversify the Economy.

[size=30pt] GEJ till 2019 [/size]

_{if you quote me & insult me, may ogun solder your _asshole shut}

Habeyy:


Neva argue with a fool
he has done nothing and inec organise free and fair elections in opposition arears
he has done nothing and sure p an you win came into existence
he has done nothing and he build many alma Jeri schools in d north
he revive railway
established additional universities
even open university which was established by obasanjo but hitherto not recognised was given full attention by him
he transformed agriculture ...
some folks here are just like deluded maggots
warning again
don't argue with them

decode55:
for me, this is welcome news.

When Jonathan wins again come 2015 _{(notice I used "when" not "if" because its a certainty)}


I'm sure the first thing he would do is to diversify the Economy.

[size=30pt] GEJ till 2019 [/size]

_{if you quote me & insult me, may ogun solder your _asshole shut}

decode55:
for me, this is welcome news.

When Jonathan wins again come 2015 _{(notice I used "when" not "if" because its a certainty)}


I'm sure the first thing he would do is to diversify the Economy.

[size=30pt] GEJ till 2019 [/size]

_{if you quote me & insult me, may ogun solder your _asshole shut}