It is no news that since May 29, Nigeria has been delving from a very bad situation to a near comatose situation. Our economy did not only suffer but appears to be as the biggest victim of Buhari's mal-administration and ineffectiveness. Three sectors that I shall talk about in this article are the Economy, Security and the Petroleum sectors. Let's proceed...

STATE OF THE ECONOMY UNDER BUHARI
During the electioneering period, President Buhari promised a 'gigantic' but illogical economic prosperity when/if elected. Immediately he was elected and sworn-in, everything changed for the negative. Job losses everywhere and uncertainty/negative slide is the order of the day. Let's see JP Morgan issue

JP MORGAN:
To those that don't understand, JP Morgan is simply an index. Investors trust their index so much that over N40 trillion is put up by investors on bonds that JP Morgan list. In 2012 Nigeria's bond under the able leadership of Dr Goodluck Jonathan, ex-Finance Minister Ngozi Iweala and former CBN Governor Sanusi Lamido Sanusi FOR the first time was listed by the index. This brought about investment into our bond market by foreign investors. In January this year, the Index placed our bond market on a warning list. Unfortunately, they decided to de-list us from their index starting from next month.

Why Nigeria Bond Market Was removed:
JP Morgan's decision to de-list Nigeria's bond is summarily because of lack of fiscal policies by the Buhari government and CBN's tickling/manipulation of the Foreign exchange (www.reuters.com/article/idUSL5N11F1YQ20150909). The failure of Buhari to constitute a cabinet/implement fiscal programs has cost Nigeria potential investors and led to loss of some of the investors that Buhari inherited. The country is bleeding.

JP Morgan Never Asked Nigeria To Devalue The Naira:
Contrary to the fables in some quarters, JP Morgan never asked Nigeria to devalue the Naira as a pre-condition to remain. It only raised concern that CbN was tickering with the Naira thereby allowing it a false value which no investor will accept. In simple terms, it advocated that market indices determine the market value (which some of us have been advocating). It also called for fiscal policies to be implemented , which Buhari led administration is yet to do. The country is bleeding.


STATE OF THE PETROLEUM SECTOR
Okay, since time immemorial, patriotic Nigerians have insisted that the ongoing TAM is due to the efforts by the immediate past administration of Dr Goodluck Jonathan. The administration in March this year was very clear when it told the Senate that our refineries will start working optimally from the first quarter of 2016. On assumption to office, the Buhari administration in June 11 without lifting a 'shovel' came out to say that the Portharcourt refinery will resume optimal production in July www.premiumtimesng.com/business/184850-port-harcourt-refinery-to-start-production-august-nnpc.html. Not done, they came out on July 20 that ALL 4 refineries will start optimal production in July

“I think by July, the four refineries should begin to work,”

www.premiumtimesng.com/business/185402-nigerias-four-refineries-to-resume-production-in-july.html.

July came and gone...August came and has gone... Now the GMD of NNPC on September 10 came out to say the 4 refineries will start working optimally in December

“We must make all the FCCUs (Fluid Catalytic Cracking Units) and the fuel sections to work efficiently in the next three months so that Nigerians will continue to enjoy uninterrupted supply of petroleum products,”

www.premiumtimesng.com/news/top-news/189786-nigerias-4-refineries-must-be-functional-within-90-days-nnpc-boss.html

I won't be surprised If by December they shift it to January/February 2016 in line with the projected first quarter by GEJ administration.


STATE OF SECURITY/INSECURITY:
As a pastor in Tinubu House of Prayer Ministry, Yemi Osinbajo was to use spiritual warfare in alliance with the military experience of renowed War field marshall, General Muhammadu Buhari to uproot Boko Haram from our territory. That was the message that APC gave Nigerians during the electioneering period. But since coming to power, Boko Haram that was in their extinction phase as at May 28 suddenly came back and have been terrorising Nigerians in the most brutal manner. Since May 29, over two thousand Nigerians has lost their lives.The latest victims are the unfortunate people in the IDP camp in Adamawa state. May their souls rest in peace.


May God Bless Us All

Nigerians should access Buhari at least after One year in office. Its too early now. Let the APC run this country anyway they want.

Op go to church

TonyeBarcanista:

STATE OF SECURITY/INSECURITY:
As a pastor in Tinubu House of Prayer Ministry[/font], Yemi Osinbajo was to use spiritual warfare in alliance with the military experience of renowed War field marshall, General Muhammadu Buhari to uproot Boko Haram from our territory. That was the message that APC gave Nigerians during the electioneering period. But since coming to power, Boko Haram that was in their extinction phase as at May 28 suddenly came back and have been terrorising Nigerians in the most brutal manner. Since May 29, over two thousand Nigerians has lost their lives.The latest victims are the unfortunate people in the IDP camp in Adamawa state. May their souls rest in peace.
May God Bless Us All

Naxo Waffy ppl dey do

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the monicker is tonyebarcanista

Ugomba:
Nigerians should access Buhari at least after One year in office. Its too early now. Let the APC run this country anyway they want.

Oga leave one year talk. Nigeria is bleeding abeg

@Barcanista or na TonyeBarcanista,
Thought you left to boss up on twitter/FB

Why on earth did you return Dem @Toluogunlesi, @eggheader @omojuwa @ediong @kayodeogundamisi making it impossible for you to find a place.. Sorry for that...

For the inanity you have up there, keep wailing, eight years is a lonnnngggg time!!!

No matter how bad/evil you try to paint PMB, Nigeria can never be worse off than it was during GEJ/PDP's 16years.,

They set the bar so low......

@ Barcanista

I have some questions for you

Why did Facebook ban your account?

Why were you disgraced out of Facebook?

Life is harsh indeed

You wrote a lengthy epistle telling us that were going to join forces with Green9ja and that you guys will take over Nigerian politics.

In less than 2 weeks, you are back to the same forum you left . Dont you have any shame?

This is the same behavior u exhibited during the elections, one week you were campaigning for Buhari, the next week, GEJ became your God.

You have no character, no conviction and you are certainly untrustworthy

You cannot stand the heat of Facebook , you cannot compete in mainstream social media, you are making more enemies than friends.

SMH....

F

And the mad man returns. Just when I thought nairaland will become a better place.

The General commander of the wailing wailer is back.

...

ok

Buhari should simply resign.

I thought Barcanista told us he is closing down his nairaland account and relocating his headquarters to FB,goes to show Nairaland still the real deal that can't be ignored,
@ post,OP made valid points except his take on security as we all know the terrorists are getting smashed by the Army. I think we should give baba at least a year before we asses him considering he is yet to appoint ministers.
At least we gave Jonathan 6 years and he still disappointed.

Buhari is trying his best to restore this country,but the truth is,He is very stubborn!!! He is not acting like someone who was voted in by the masses,He is always trying to use force and decree ever since may29th! This is not a military dispensation,He 'll fail woefully trying to change this country all by himself. He needs help,if he wants to succeed...he should start seeking for help and stop all those probing,12year is not sufficient to probe tinubu alone let alone the whole sector of this country! My thoughts tho

[size=8pt][/size] OP

How did we get to this point? That is why we have change cleaning and mopping up the rubbish and dirt PDP brought this nation for 16 years.

I say never again would we as a nation allow this to happen, never again!

I believe you lived in this country for the last 16 years and are aware of the madness PDP displayed in every sector of our country

God will give Buhari the strength and durability to lead the country aright. Meanwhile its my mama birthday. Wullnp

modath:

@Barcanista or na TonyeBarcanista,
Thought you left to boss up on twitter/FB

Why on earth did you return Dem @Toluogunlesi, @eggheader @omojuwa @ediong @kayodeogundamisi making it impossible for you to find a place.. Sorry for

Boss who on twitter ?

He can only boss Nairaland because of Mediocres who read titles and just hit the like button. That must have made him feel he wrote something special.

Imagine a so called analyst writing

"As a pastor in Tinubu House of Prayer Ministry, Yemi Osinbajo was to use spiritual warfare in alliance with the military experience of renowed War field marshall"

He is just a hungry writer. I guess he pulled out when they were not paying him enough to share with hungry Nairaland Mods.

Now that there is bail out funds for Govs. They must have sent him crumbs as usual because i can tell you for free that he writes nothing in the interest of the Masses.

Really


Try harder next time @OP
I never benefitted anything directly from GEJ's adninistration, even if it is PMB's body odour that is giving me eletricity which I am directly benefiting from then let him continue.


Wait oh! Why did you focus on just 3 aspects



Bias!!!!

What good can come out of an ethnoreligious bigot like Buhari

Is this the reincarnation of Barcanister?or is this an imposter?

unto those APC e-rat, you need to check your dictionary to know the difference between criticism & propaganda before you spew bullshit.

PDP is a party formed to wrestle power from the military, while the APC is a party of various individual's with different vision,goal,desire and motive set up to wrestle power from the PDP.


No mata how hard u hide the truth it will surely show itself somtime


Meanwhile apc supporters until you become like dis BELOW before you start accepting the truth?

State of Electricity and power supply?
State of loot and embezzlement ?
State of recent boko haram insurgency ?

He is unprincipled and cant be trusted like fkk....Double mouth talking like PDP.....
Actually he left when he found out that only kids and teenagers follow him on twitter unlike nairaland, a faceless forum. No thanks to gionee, techno and infinix that make cheap ,affodable phones....

modath:

@Barcanista or na TonyeBarcanista,
Thought you left to boss up on twitter/FB

Why on earth did you return Dem @Toluogunlesi, @eggheader @omojuwa @ediong @kayodeogundamisi making it impossible for you to find a place.. Sorry for

Lately, there seems to be an improvement in security. At least our soldiers' morale, that seemed to be very flat during GEJ's tenure, has improved. As for others, you do have a point.

Op, you didn't summon passingshot. Are you afraid?

Wailing wailer is the name they will call you if you dare speak the truth.Op I wish everyone could reason the way you do,so that Pres. Buhari will be kept on his toes.