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Nairaland Forum / Nairaland / General / Politics / Nigerian Economy Records ‘Worst Week’ Since 2008 - The Cable (25624 Views)
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Nigerian Economy Records ‘Worst Week’ Since 2008 - The Cable by melvinjames: 3:05pm On Oct 31, 2015 |
In 2008, the world experienced an economic recession, which had devastating effect on millions. https://www.thecable.ng/tough-times-ahead-nigerian-economy-records-worst-week-since-2008 7 Likes 4 Shares |
Re: Nigerian Economy Records ‘Worst Week’ Since 2008 - The Cable by scofieldsimba(m): 3:07pm On Oct 31, 2015 |
Tough days ahead.... But with good economic team and good policies,we will bounce back... But must face the bitter truth: true federalism is the sure way out.... 44 Likes 3 Shares |
Re: Nigerian Economy Records ‘Worst Week’ Since 2008 - The Cable by dunkem21(m): 3:08pm On Oct 31, 2015 |
3 Likes |
Re: Nigerian Economy Records ‘Worst Week’ Since 2008 - The Cable by Mogidi: 3:10pm On Oct 31, 2015 |
Its going to get worse folks, be prepared. 55 Likes 6 Shares |
Re: Nigerian Economy Records ‘Worst Week’ Since 2008 - The Cable by rozayx5(m): 3:19pm On Oct 31, 2015 |
Re: Nigerian Economy Records ‘Worst Week’ Since 2008 - The Cable by merry02(m): 3:22pm On Oct 31, 2015 |
May God see us through this period. 2 Likes |
Re: Nigerian Economy Records ‘Worst Week’ Since 2008 - The Cable by TonyeBarcanista(m): 3:22pm On Oct 31, 2015 |
This is not worth celebrating nor seeking to score cheap political points. I've been worried with the dwindling state of the economy since May 29. My prayer is that we don't delve into recession. The government need to adopt austerity asap... 52 Likes 4 Shares |
Re: Nigerian Economy Records ‘Worst Week’ Since 2008 - The Cable by pman001(m): 3:23pm On Oct 31, 2015 |
Good help us... |
Re: Nigerian Economy Records ‘Worst Week’ Since 2008 - The Cable by pman001(m): 3:23pm On Oct 31, 2015 |
God help us.... |
Re: Nigerian Economy Records ‘Worst Week’ Since 2008 - The Cable by hinwazaka: 3:28pm On Oct 31, 2015 |
Very good. Hunger and poverty will punish the supporters of APC 107 Likes 3 Shares |
Re: Nigerian Economy Records ‘Worst Week’ Since 2008 - The Cable by Mogidi: 3:29pm On Oct 31, 2015 |
TonyeBarcanista: I don't want to gloat but all available studies show there would be recession in the spring of next year. It's unavoidable considering the inept govt we currently have. 90 Likes 11 Shares |
Re: Nigerian Economy Records ‘Worst Week’ Since 2008 - The Cable by melvinjames: 3:31pm On Oct 31, 2015 |
Lalasticlala how's your girlfriend, hope she's fine? 8 Likes |
Re: Nigerian Economy Records ‘Worst Week’ Since 2008 - The Cable by TonyeBarcanista(m): 3:32pm On Oct 31, 2015 |
Mogidi:Government need to act to arrest the situation before it becomes worse. At present nobody know the plan of the government neither is there any intervention action. May God Help Us 24 Likes 4 Shares |
Re: Nigerian Economy Records ‘Worst Week’ Since 2008 - The Cable by ragiluhivo(m): 3:33pm On Oct 31, 2015 |
lol |
Re: Nigerian Economy Records ‘Worst Week’ Since 2008 - The Cable by TonyeBarcanista(m): 3:33pm On Oct 31, 2015 |
hinwazaka:Bros, easy abeg na. It is all of us that will feel the consequences not just APC alone. The government must declare a State of Emergency on our Economy 23 Likes 3 Shares |
Re: Nigerian Economy Records ‘Worst Week’ Since 2008 - The Cable by PRYCE(m): 3:35pm On Oct 31, 2015 |
TonyeBarcanista:Oga mi read this carefully! http://www.bloomberg.com/news/articles/2015-10-30/africa-s-biggest-economy-defying-currency-critics-chokes-growth 4 Likes 4 Shares |
Re: Nigerian Economy Records ‘Worst Week’ Since 2008 - The Cable by hinwazaka: 3:37pm On Oct 31, 2015 |
TonyeBarcanista:Fortunately for me, I have a background in economics. So I already spent the last 4 months investing in goods that are marketable in a command economy with monopolistic tendencies. 17 Likes 4 Shares |
Re: Nigerian Economy Records ‘Worst Week’ Since 2008 - The Cable by TonyeBarcanista(m): 3:37pm On Oct 31, 2015 |
PRYCE:Thanks. Will do so MODIFIED: Done that...Eye-opening! Thanks boss 4 Likes 2 Shares |
Re: Nigerian Economy Records ‘Worst Week’ Since 2008 - The Cable by basilo101: 3:38pm On Oct 31, 2015 |
Oil price should remain low, enof of dis nonesense wealth without work 19 Likes 3 Shares |
Re: Nigerian Economy Records ‘Worst Week’ Since 2008 - The Cable by TonyeBarcanista(m): 3:43pm On Oct 31, 2015 |
hinwazaka:Smart of you but what happens to the environment you operate in? 4 Likes |
Re: Nigerian Economy Records ‘Worst Week’ Since 2008 - The Cable by melvinjames: 3:45pm On Oct 31, 2015 |
scofieldsimba: True federalism from an Hausa President, you're joking right? 78 Likes 4 Shares |
Re: Nigerian Economy Records ‘Worst Week’ Since 2008 - The Cable by IsraeliAIRFORCE: 3:50pm On Oct 31, 2015 |
Which recession? After recovering 1,000,000 barrels of Crude Oil stolen by Jonathan's men on daily basis. Unless someone convinces me that Katsina Cabals are now stealing the crude and eating fat at our expense. If I remember, one former minister is begging to return $6,000,000,000 while OBJ and others have returned theirs according to dependable sources in Government. With $150,000,000,000 waiting to be recovered from foreign banks, Nigeria can't be broke nor can it go into recession. I trust the people's General 40 Likes 6 Shares |
Re: Nigerian Economy Records ‘Worst Week’ Since 2008 - The Cable by psucc(m): 3:52pm On Oct 31, 2015 |
This situation would not have been this devastating had our President constitutes his cabinet in time and give the economy a direction. My fear is premised on the assertion that there is no economic expert on the ministerial nominees list by Buhari 40 Likes 6 Shares |
Re: Nigerian Economy Records ‘Worst Week’ Since 2008 - The Cable by DMerciful(m): 3:54pm On Oct 31, 2015 |
Restructure or split! Those are the two possible ways n funny enuf Nigerians know. 18 Likes 3 Shares |
Re: Nigerian Economy Records ‘Worst Week’ Since 2008 - The Cable by AYOdeji2102: 4:06pm On Oct 31, 2015 |
Ok |
Re: Nigerian Economy Records ‘Worst Week’ Since 2008 - The Cable by Aminat508(f): 4:06pm On Oct 31, 2015 |
Please check this link,Light need your help https://www.nairaland.com/2517785/save-light-great-fighterPlease |
Re: Nigerian Economy Records ‘Worst Week’ Since 2008 - The Cable by Nobody: 4:07pm On Oct 31, 2015 |
Oil depednendcy Or rather resource dependency. Since independence , the economic model for Nigeria has been.....export cash crops,minerals and oil and share the procceds. But the really seriously prosperous economies are innovative economies. From now on, PMB must be judged on what he does about these three things.....Education, Power and Mass Transit. Start fixing these things....and we may yet be prosperous. Leave those things alone,and play politics of share the money......and we will be forever backward. And of course....we must face reality. ALL SUBSIDIES HAVE TO GO. We do not have the money for them, even if we get all the money stolen since 1960. We must go through austerity to become prosperous. 3 Likes |
Re: Nigerian Economy Records ‘Worst Week’ Since 2008 - The Cable by fulaniHERDSman(m): 4:07pm On Oct 31, 2015 |
Wailer's opinion 2 Likes 1 Share |
Re: Nigerian Economy Records ‘Worst Week’ Since 2008 - The Cable by 69MissedCalls(m): 4:07pm On Oct 31, 2015 |
the problem is there are too many things to fix. wailers please keep calm. baba is actually working. Nigeria's wound is deep |
Re: Nigerian Economy Records ‘Worst Week’ Since 2008 - The Cable by bufness(m): 4:08pm On Oct 31, 2015 |
hmmm, too much dependency on "oyel" 1 Like |
Re: Nigerian Economy Records ‘Worst Week’ Since 2008 - The Cable by gokay11(m): 4:08pm On Oct 31, 2015 |
Our economy is sinking really fast and our presido is busy on a world tour. 15 Likes |
Re: Nigerian Economy Records ‘Worst Week’ Since 2008 - The Cable by adioolayi(m): 4:08pm On Oct 31, 2015 |
Let the Analysis continue....It won't break us..Nigeria will be great 1 Like 1 Share |
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