uridiwan:
Buhari slowness? Stock market wey don crash since when?

you dey mind dem? stock market still dey reign?


mtscheeew!

Baba will swing to action "in the fullness of time".

Don't worry, they won't miss GEJ now, but am 100% sure wen events will stat unfolding in this administration. He will be missed. Let's those that voted for buhari, enjoy it. Let's those that didn't, live our lives and watch the drama unfold.

God bless GEJ
God bless Nigeria

Ok...

It's safe to say NL is primarily about GEJ vs PMB

Politically motivated junk.
If they lost money I can only say sorry.
PMB need time to plan and implement his plans.
I am not expecting him to continue on some of the templates left by PDP. Some of the federal Ministries must be scrapped and merged. Don't forget we voted for change and that is exactly what we are getting.
Anyone not interested can relocate to Lome. You don't need visa.

lets give baba more time, before next year he will appoint minister....

lool

Firefire:

don't mind them, when we keep shouting that buhari sluggishness and slowness in appointing key officials and setting out an economic policy will ruin the economy his herd of supporters always say perm secretaries can do the job. The problem is buhari simply have no ideas on how to tackle nigeria economic problems , as far as buhari is concerned once his 200 cows are okay that means nigeria is ok ?? Smh

Chill now. Everything will be done in fullness of time

CR77:
Too far

OK!

the Nigerian economy is imploding and collapsing even before the Iran vs Saudi Arabia oil price war begins. Nigerians would regret their actions at the fullness of time.

Slow? My president like to COME LAST because Nigerians love it that way. Politics apart, I think the only thing that needs urgent attention here is our economy not an invitation by the US. Unless they will fix our economy for us, too.

pedel:
Politically motivated junk.
If they lost money I can only say sorry.
PMB need time to plan and implement his plans.
I am not expecting him to continue on some of the templates left by PDP. Some of the federal Ministries must be scrapped and merged. Don't forget we voted for change and that is exactly what we are getting.
Anyone not interested can relocate to Lome. You don't need visa.

u ppl should stop thinking like this ,it is annoying , noone is asking him to perform magic or miracles and u claimed he needs time to carry out his plans , the question the nations economic players are asking is what are his plans ? We are talking about 160million ppl here and not just 200 cows . For the past 50days ,this nation has been on auto pilot ,no policy direction,even cbn is confused .don't worry by the time dollar hits 300naira you will understand what we are talking about

On issues of economy, you dont leave a vacuum or attempt the market to correct itself on autopilot.

Especially in Nigeria where there are no strong systems and institutions. .... Buhari should have set the economic direction from the first day.

He can afford to delay on other less important ministries but his cabinet members on issues of economy and security should have been sworn in the week after his inauguration.

The impact of this two months delay will be felt in the economy for the next 3 years cos the investors are not keeping their funds waiting for Nigeria to find direction.... they have long invested in more secure grounds.

Baba need to wake up o.

CR77:
No way the ldiot is busy taking pictures up and down.

na person papa u dey call idiot ni ..smh

Gh0stFreak:




- Source: http://www.vanguardngr.com/2015/07/stock-market-investors-lose-n1-032trn-in-2-months/#sthash.FGgRDslA.dpuf

abeg let the man takes his time.not like jonathan that rush by his fools,and achieve nothing.

Beremx:
you dey mind dem? stock market still dey reign?


mtscheeew!

->Stock Market(Investments) is very pivotal to a nation's development.
->This is about Nigeria, not just Buhari; so stop defending someone who's action is putting the country at risk.
->We need all the investments we can get now, since the price of crude oil(our major source of income) has fallen drastically and there is no hope of it rising in the foreseeable future.

merry02:
Pls give baba time!

it's almost 60 days in the apex office in Nigeria, less than two months and it will be 100days.

what are you talking about. with all the bogus promise......I look at the north east and I weep. killings everywhere... blood bath in the places if worship, road and now market.

what of our economy..... I am not a Jonathan fan.... but with the way this government seems to be handling the state of the country..... I fear for Nigeria... I'm praying earnestly for Him to succeed for if he doesn't.... APC RADICALS, PDP FAITHFULS, SDP ETC will all feel the scourge of horror and famine.

GOD BLESS #NIGERIA

Firefire:
The summary bellow:

In short term, this government is clueless and it lacks clear leadership direction for the country.

Painful!

So in other words, one clueless was substituted for another?

CHISOS!!!

TooNoisy:
Mumu OP,

The stock market is going down simply because of the devaluation of the naira. Foreign investors are now existing the market due to the depreciating naira and that is what is causing the downturn in the stock market.

Naira devaluation was caused by GEJ and started during GEJ's time. It's only going to get worse because they stole part of our foreign reserves we had and spent it on elections. Stop the cheap blackmail

What is this one saying for goodness sake? Is that why Mr president want to be the minister of everything including the coordinating minister of the economy for the whole month?

Those of you with cash can still profit from the current madness in the country's market. Please park your cash in treasury bills, Nigeria's stupidityy should not deprive you of solid profits.

Sai dullard

Nonsense president.

TooNoisy:
Mumu OP,

The stock market is going down simply because of the devaluation of the naira. Foreign investors are now existing the market due to the depreciating naira and that is what is causing the downturn in the stock market.

Naira devaluation was caused by GEJ and started during GEJ's time. It's only going to get worse because they stole part of our foreign reserves we had and spent it on elections. Stop the cheap blackmail

Am sorry but you are clueless on the subject.

Devaluation of the naira is not a new event. Dollar once sold for 80, 100, 120, 150, 170 naira and has continued to devalue. Within that same period, the stock market has appreciated in value. As such your analogy is helplessly flawed.

Devaluation is not even a bad policy, silence and lack of direction by the new govt is the biggest issue.

If Buhari wants to devalue the naira, he should proceed and leave no room for speculation and capital flight.

If Buhari wants to take away subsidy, he should be quick with it or vocally say otherwise because a lot is hanging in the balance

What does he want to do with the power sector? More private participation or govt take over?

What of Oil and Gas downstream? Is he privatising the refineries or not? Is he bringing more private players?

Look, investors are impatient and wont stand an inch of speculation. Once a nation loses direction..... key investors pull their money.

But i think our dear investors are literates with bsc, hnd, phd. They should know that buhari needs time to think about who and who are capable of holding an office in his administration. Here are some assertions about what buhari may be thinking.
1. Since he wants to fight corruption, he probably wants to appoint someone with no tainted background.
2. He doesn't want to cause problem within his party while satisfying the leaders of the party.
3. He probably wants to avoid sentiments arising from ethnitism.
4. He is looking for the capable person. He definitely needs time to work out this puzzle in front of him.

No more free stolen money to launder on the stock market; it has nothing to do with the pace of the government. The banks are going to lose more. Brace up

vfactor:


So in other words, one clueless was substituted for another?

Super-clueless is now in-charge...

Akanaz:
But i think our dear investors are literates with bsc, hnd, phd. They should know that buhari needs time to think about who and who are capable of holding an office in his administration. Here are some assertions about what buhari may be thinking.
1. Since he wants to fight corruption, he probably wants to appoint someone with no tainted background.
2. He doesn't want to cause problem within his party while satisfying the leaders of the party.
3. He probably wants to avoid sentiments arising from ethnitism.
4. He is looking for the capable person. He definitely needs time to work out this puzzle in front of him.

sorry, but this topic is way above your paygrade.

TooNoisy:
Mumu OP,

The stock market is going down simply because of the devaluation of the naira. Foreign investors are now existing the market due to the depreciating naira and that is what is causing the downturn in the stock market.

Naira devaluation was caused by GEJ and started during GEJ's time. It's only going to get worse because they stole part of our foreign reserves we had and spent it on elections. Stop the cheap blackmail

see the way u left a well researched article and start attacking the innocent op. the stock players has put the blame squarely on buhari go slow, deal with that. how a man that we all know have no secondary school certificate is the president, finance minister, economic planning minister, trade minister etc at the same time and some people are still trying to support him beats my imagination. every society deserves the type of leaders they have and Nigeria really deserve baba go slow given the type of comments we see here. by the way, let buhari publicly declare his assets as promised before we can even take him serious.

Please next time don't forget to also write long epistles for the good works.
Did not bother to read your letter abi na epistles. Go to Lekki, VGC, banana island, your mates are building to scatter, in fact, go to villages, boys are mecassi everywhere, you are here calculating the stock market when people are taking their money from stock market and investing in real estate where they can see it. if you like, carry your money dey hip for stock market.