idrisbello:
*******It hurts them you ended their subsidy fraud******** **You sold off NEPA and ended their fraudulent NEPA contracts. **You removed ghost workers from civil service and reduce their wealth. **You refused to renew their oil blocks license they shared among themselves. **You handed NPA verification to a third party and eliminated port frauds. **It hurts them you stopped the bootlegging in fertilizer distribution. **You hurt them by making sure they don't hoard petroleum product and Nigerians will sleep at filling stations while they make astronomical profits. **You pinched them where it hurts most by making sure elections are free and fair & they can't impose their candidates on us. **You hurt the cabal by looking into their face and telling them no sir. **We know Tinubu, Amaechi, Rochas & co. don't love Nigeria more than us.***you restored rail system that gulp billlions of naira yearly, it hurts them *** You have made Nigeria proud with cars now produced in Nigeria up to 70% local content. Many car merchant and corruption in auto mobile industry stopped **We know GMB is a man of integrity and strict to what he believes. But we also know those pushing him have a hidden agenda. They have bullied you, lie against you, insulted you and make Nigeria insecure just to get back to business as usual. But I promise you sir, they will not bully our votes, we will go to the poll blindfolded for you. For their peace will be too costly!
If you love Nigeria please repost to all your contacts!

oneeast:


Anambra has some of the best road networks in Nigeria courtesy of Ngige and Obi and now Obiano..

idrisbello:

*It hurts them you ended their subsidy fraud

*You sold off NEPA and ended their fraudulent NEPA contracts.

*You removed ghost workers from civil service and reduce their wealth.

*You refused to renew their oil blocks license they shared among themselves.

*You handed NPA verification to a third party and eliminated port frauds.

*It hurts them you stopped the bootlegging in fertilizer distribution.

*You hurt them by making sure they don't hoard petroleum product and Nigerians will sleep at filling stations while they make astronomical profits.

*You pinched them where it hurts most by making sure elections are free and fair & they can't impose their candidates on us.

*You hurt the cabal by looking into their face and telling them no sir.

*We know Tinubu, Amaechi, Rochas & co. don't love Nigeria more than us.

*you restored rail system that gulp billlions of naira yearly, it hurts them

* You have made Nigeria proud with cars now produced in Nigeria up to 70% local content. Many car merchant and corruption in auto mobile industry stopped

*We know GMB is a man of integrity and strict to what he believes. But we also know those pushing him have a hidden agenda. They have bullied you, lie against you, insulted you and make Nigeria insecure just to get back to business as usual. But I promise you sir, they will not bully our votes, we will go to the poll blindfolded for you. For their peace will be too costly!

If you love Nigeria please repost to all your contacts!

Immune1:
Not claiming to be an economist;but what i know for sure is that PLENTY MONEY IN THE BANK DOESN'T TRANSLATE TO BEING WEALTHY!!!

The pace of infrastructural development in Nigeria during GEJ'S tenure is highly remarkable and naturally it will take time for one to quantify the gains or start seeing the ripple effect of investing in infrastructure.

SOLUDO A DISSAPOINTMENT......JUST TOLD ONE SIDE OF THE STORY TO VALIDATE THE 'ASSUMED SUCCESS' OF HIS TENURE. I wont be surprised if this is a grand pitch for a position in Buhari's cabinet should in case he wins......Nigerians have grown wiser.....go and lick your wounds and leave GEJ alone!!!!

saintiago1980:
Nigeria should be happy that God gave them a good president like GEJ the who vision transparent the who have change in this country.

Tomoarika:

The UK Conservative Party’s manifesto for the last election proudly announced that all its programmes were fully costed and were therefore implementable.
Neither APC nor PDP can make a similar claim. A plan without the dollar or Naira signs to it is nothing but a wish-list.
They are not telling us how much each of their promises will cost and where they will get the money.

centmichael101:
All this big lie Lie, jst because u are about 2 lose ur oil well licence,tell OBJ make him no dey vex jst because ota farm no go sell up 15% of it stock cos order farmer's are now on board..

centmichael101:
All this big lie Lie, jst because u are about 2 lose ur oil well licence,tell OBJ make him no dey vex jst because ota farm no go sell up 15% of it stock cos order farmer's are now on board..

angelsing:
Seriously wat is this?...Smh!

Tomoarika:

I bet that you will only appreciate this article AFTER you leave office. Now that you are in power, truth will only hurt! Be assured that those of us who are prepared to die for Nigeria will never spare you or anyone else this bitter truth. Nigeria must survive and prosper beyond Buhari or Jonathan!

Chukwuma Charles Soludo, CFR, was former CBN
Governor.

www.vanguardngr.com/2015/01/buhari-vs-jonathan-beyond-election-charles-soludo

gists:


After reading this rather long but truthful piece with such a great ending as highlighted above, I can only say the beautiful ones are here afterall. However, while I completely agree that APC should have done better at costing its promises, I tend to disagree a bit with Soludo concerning the economic theory by Osinbajo in which he (PYO) stated that the problem is not really availability of funds but that the problem is management. I must say I agree with PYO in because I believe Nigeria is not poor (the analogy by soludo of a man with N50000 income does not entirely fit). Even with reduced income from crude export as it presently, we can still get some basic things achieved.

The big spanner in the wheel of Nigerias development is corruption. Even though there is no nation in the world that is corruption-free, I am yet to see a truly developed country that has institutionalized corruption as we have in Nigeria today. Plug as much holes as possible, and there is a high chance that the country's income can fund many fundamental projects. No matter how you diversify the economy, no matter the amount of resource control we arrive at, corruption will kill any gain we ought to derive from such efforts. You cannot talk of job creation, electricity, medicare etc where corruption is endemic.

As far as I am concerned, economic development is important but unattainable if we leave corruption unchecked. How do we talk about economic development when like Soludo pointed out, we experienced the greatest boom, yet borrowed more while depleting the reserve along the way and falling exchange rate - all because of institutionalized corruption. This is why I voted GMB in 2011 (in addition to eradicating insurgents), thinking that by 2015 I will vote for someone else to develop the economy after taming corruption.

fresh15:
President Goodluck may not have delivered 100% in his first tenure due to so many attacks on his government.In this second tenure,I am sure that he will deliver 100%.

First, beside the coterie of clowns who literally make
a living with the sing-song of transformation agenda, President Jonathan must know that it remains an empty slogan. His greatest challenge is how to save himself from the stranglehold of his largely provincial palace jesters who tell him he has done better than God, and seek out ‘enemies’ and friends who can help him write his name in history. Propaganda won’t do it.

Second, Jonathan must claw back his powers as President of Nigeria. He largely outsourced them, and must now roll his sleeves for a new beginning. I take liberty to tell you this brutal truth: if you are not re- elected, there is little to remember your regime after the next few years.

ramalot:
@ Horrlah

Why da Fcvk would you quote the entire post, AND say nothing?

Boss13:


There is only one way to find out about Buhari's economic policy - you ask him directly. He is now on twitter and seriously he needs to answer some questions

CCsurplus007:
Now this is what I have been telling my friends, tell us what you want to do and how you intend doing it not some public charade of lies and deception. When we have thousands of intellectuals to choose from, I wonder what we should still be doing with someone still arguing about his secondary school certificate. May God deliver Nigeria

But prof, someone reading this piece would imagine we were living in El-Dorado during obj's tenure. One would have assumed OBJ was pope john paul or the messiah.why was the railway not working during your tenure? despite the huge sums injected into the power sector yet phcn failed. Why wasnt any of our university among the best 200 then? rather Obj built personal libraries and universities to his name. All federal Government projects in the east was stopped or frustrated.what of the monopolistic approach of Obj when only Dangote was allowed to import anything and frustrated other peoples businesses that were opposed to him.since the agricultural sector was better during obj's tenure why dint it add to our foreign reserves and massive corruption in that sector was still rife. what about the haliburton and other numerous scandals. Soludo did not tell us that increasing workers salary then affected our recurrent expenditure now.

The thing is anybody can come and reel out figures as if it paradise during their own era. This is a nice presentation but not without some personal bias I still think both parties can learn a lot from this if they objectively look at the salient points raised.

gists:
The big spanner in the wheel of Nigerias development is corruption. Even though there is no nation in the world that is corruption-free, I am yet to see a truly developed country that has institutionalized corruption as we have in Nigeria today. Plug as much holes as possible, and there is a high chance that the country's income can fund many fundamental projects. No matter how you diversify the economy, no matter the amount of resource control we arrive at, corruption will kill any gain we ought to derive from such efforts. You cannot talk of job creation, electricity, medicare etc where corruption is endemic.

As far as I am concerned, economic development is important but unattainable if we leave corruption unchecked. How do we talk about economic development when like Soludo pointed out, we experienced the greatest boom, yet borrowed more while depleting the reserve along the way and falling exchange rate - all because of institutionalized corruption. This is why I voted GMB in 2011 (in addition to eradicating insurgents), thinking that by 2015 I will vote for someone else to develop the economy after taming corruption.

Nonetheless, this is a beautiful right-up by Soludo and I dove my cap for him.

derespect:
Wait oooo. Na exam I dey preparevfor? Wey u think say I go read all ds things.

saintiago1980:
Goodluck is the only president who can bring Nigeria to the promise. Land he has a lot to do for Nigeria. Let us join hand together in this up coming election. To vote him in for future generation.

ogene007:

What is Buhari's economic blueprint or is it a case of 'when we get there, we will know what to do'. Please, provide us with what policy direction APC intends to pursue, other than to come and reverse all the privitization that has been done and return us to status quo. Where will APC get the funding for all the bogus promises they are making all over the place. Let us not forget the Tinubu and Amaechi were two key individuals who vehemently kicked against any form of savings from the oil boom era, first, Tinubu went to court over the excess crude account set up by OBJ, and go the supreme court to declare it illegal, secondly, Amaechi under the governors forum, opposed the sovereign wealth fund that GEJ set up, they wanted GEJ to bring all the monies and share between the FG and state governments. Coming to the budget, how many times has the national assembly increased the crude oil benchmark for the yearly budgets? They always increase it to ensure that less is available for savings. That there hasn't been meaningful savings throughout the period of the oil boom, has not been for want of trying by GEJ and his economic team, rather, it has happened due to the collective greed of the likes of Tinubu, Amaechi and other key members of the opposition, who today have become the self appointed apostles of 'change', who is deceiving who?
Where we fault Soludo in his analysis is that he failed to state clearly that the oil boom money was shared by the three levels of government.

LRNZH:
[b]Generally good piece from Soludo.

That said, he has over hyped OBJ and IBB's regimes. What happened to Murtala/OBJ regime in the 70s which laid the groundwork for Nigeria's development as we know it today?

Right now, give Nigeria stable electricity and see the miracles that this country will perform. Soludo is wrong to compare us with Greece and Spain who have reached a certain employment saturation. Nigera is yet to get there so electricity will guarantee jobs in Nigeria. He should be speaking 3rd world macro economics here.

Why not endorse GMB who is surrounded by proven technocrats and progressives?
GEJ grade F is true. But staying undecided is a vote for the incumbent. Soludo may be on the fence to avoid the ire of Igbo's who are mostly Pro-GEJ but he needs to stop burying his head in sand.


GMB is untested under current economic conditions but that is a better choice than a confirmed Grade F failure like GEJ. GMB still has the room to score from grade A to F.

Thank you former CBN Governor.[/b]

ocelot2006:

What "proven technocrats" when your party's manifesto is totally devoid of anything reasonable? Please do list these "technocrats" of yours.

ogene007:

Your answer is indeed revealing, it simply shows that people like you who go about criticizing GEJ know little or not about what an economic blue print is. So it is on twitter that APC wants to talk about its economic policies? They have not put together any document with which the electorate and organised private sector can plan with, that is why there is so much speculations as to what may become of the nigerian economy, if Buhari is to win the elections. This speculation is adversely affecting FDIs and the value of the naira, no to talk of a halt in all forms of investments by businesses. It goes to show that the people whose actions and inactions, generated the problems do not have the capacity to effect any positive change. Let Buhari tell us how he intends to fund all the bogus promises he is making all over the place, and the over 90% of the budget spent on recurrent expenditure. APC should go beyond bogus and vague promises, to provide us with the specifics, else we can all safely conclude that they are indeed clueless as to what the solution to the problem is. The solution to this present problem is the restructuring of the country along the lines of true federalism, only than can we not have history repeating itself on this issue of monies from oil boom. Whe n it comes to cutting down on the cost of governance, the national assembly becomes bipartisan, ensuring that there are no reductions in government expenditure. Why has the Oresanya report on the restructuring of the civil service not yet implemented? Have you bothered to ask why we are spending over 90% of our budget on recurrent expenditure? A lot of the ministries, agencies and parastatals which were recommended to be scrapped, where established by acts of parliament, meaning that the national assembly needs to amend the relevant laws in order to reduce the size of government. On issues like this, the NA adopts a bipartisan approach, so it smacks of sheer mischief and distortion of facts for Soludo to come here reeling out figures as if reducing government spending is done by just wishful thinking. It will take a bipartisan approach from all members of the political class, at all levels, to bring down the cost of governance. Anything other than that is mere grandstanding by the so-called agents of change. GEJ remains the only viable option in getting nigeria out of the present economic mess. GEJ till 2019.