Bros i wanted to abuse that useless son of the igbos but you have said it all. God bless you

175:
Soludo I say shut the hell up!


Bitter soul!

APC sef do you the thing . .no place for you in their government! Nobody wants to associate with you.


I see painment all over the guy's statement!


Tomorow na Buhari Team u go criticise! Tunda fire ur strong black head dia

May we neva experience sumbdy like Goodluck jonathan as a presido again in dis country! Nd may PDP neva rise up again to rule dis Nation.

Soludo's article reek of contradictions.:

1. APC will bring about change but wont fulfilled their manifesto. How else then will the change happen when the blueprint upon which the change suppose to be based is already faulted.
2. Jonathan has the worst economic team, impoverished the nation, accumulated debt, yet according to Soludo PDP in the last 16(Jonathan years inclusive) put Nigeria on path of development. Is it because Soludo was part of the 16yrs he contradicted himself?

I don't listen to confused people. Soludo sounded too confused from my perspective.

koboko69:


Watch the misguided hungry IPOB youths waiting for Buhari's 5k stipend call one of their own a Yoruba. They can get their 5k stipend after Nnamadi Kanu becomes their president in year 2200!

Ever since Buhari assumed office; He has been clearing all the mess and Bobby traps set for him by the Last administration.

Imagine with the booming oil price over the years with a reserve left at over 150 billion dollars reserve Jonathan, Dansuki, Okonjo, Deziani and others depleted it to as low as 30 billion dollars with nothing to show for it.

JUST BECAUSE YOU ARE ON 'MINIMUM WAGE', THAT SHOULD NOT MAKE YOU THINK OTHERS ARE HUNGRY. WE ALL KNOW THIS TOOL IS RANTING, TO KEEP HIS POLITICAL ASPIRATION ALIVE. I AM NOT FAN OF GEJ BUT BUHARI IS 100% WORSE.

SirJeffry:
People rush to comment based on headlines.

After reading the whole article, one will understand that Soludo actually praised Jonathan.

Gej wasn't the messiah but he has been the best so far.

Exactly my point, the guy contradicted himself a lot ending up praising Jonathan
In fact his last statements indirectly praise gej's economic team

[quote author=JingoOAU post=40200848]Some of the useless goats above castigating Soludo never dissect his assertions, nor read the article

How can our youth of this generation be this dumb and intellectually impotent





They r so dump and impotent because they ve sold dia souls to the evil of sentiment and myopic.
There is no objectivity in their views, so unfortunate. Even those that claim that the passed tru d four walls of a citadel of learning r no different.
Soludo's article or lecture is meant 2 elicit rich intellectual reaction.

They specialised in stealing and siphoning the country's money while destroying the economy. Even the Okonjo Iweala's of this world couldn't cushion the effect with their theories.

Shame on the immediate past government !

175:
Soludo I say shut the hell up!


Bitter soul!

APC sef do you the thing . .no place for you in their government! Nobody wants to associate with you.


I see painment all over the guy's statement!


Tomorow na Buhari Team u go criticise! Tunda fire ur strong black head dia

u've been tokin bullshit ever since I started reading ur comments.I'l remind u of dis when next governorship campaign starts in anambra,then we'l know weda APC does'nt want him or not.

Soludo is a thief. He want to use GEJ to get favour from Bubu.

Stallione:
u've been tokin bullshit ever since I started reading ur comments.I'l remind u of dis when next governorship campaign starts in anambra,then we'l know weda APC does'nt want him or not.

Me? Bullshit Lolz guy relax I just love "humourizing" cos I love to laugh a lot. Cheers!!!


Back to the matter, Soludo is a snitch oya bite me

JingoOAU:
Some of the useless goats above castigating Soludo never dissect his assertions, nor read the article

How can our youth of this generation be this dumb and intellectually impotent

HOW

dats how most of them fail exams,read they cannot read b4 tokin trash

JingoOAU:
Some of the useless goats above castigating Soludo never dissect his assertions, nor read the article

How can our youth of this generation be this dumb and intellectually impotent

HOW

dats how most of them fail exams,read they cannot read b4 tokin trash

[s]

speedyGonzales:
I think Buhari have already finished selecting ministers... Mr Soludo!

Abeg, make person help tell am, sey dey don finish dey select ministers!

[/s]

I doubt if you read the piece in-to-to before commenting: Lazy reader

Candybob:


Well GEJ did not pay me to defend him, so i wont sweat myself to defend him. But everyone has priorities and choices to make! GEJs team chose to defend the falling Naira at the expense of keeping a reserve. Did it work? NO!
But a choice had to be made, and they made their choice.
When you get there, that is if that is your desire, make your own choice too!

FYI: I am not a normal human being...

Bro, I absolutely acknowledge the increase in wage bill and the use of foreign reserves to stabilise the currency, but are you aware that guys before GEJ also used foreign reserves to stabilise the naira and even under OBJ, the same NOI paid off billions of dollars in debt?... Even upon that, under OBJ the foreign reserves grew from 5 to 42billion at a time when oil prices were significantly lower. C'mon, there's really not much that can be argued to justify why reserves would crash and debts would skyrocket at a time when income was almost tripled. There is definitely something the last economic team wasn't doing right in the last 5 years, ironically the team was headed by the same NOI. This is not necessarily a matter open to partisan arguments, elections are over.

An unfortunate argument which people make is always pointing out the high economic indices which clearly is a 16-year period accumulated achievement, these people keep arguing that those are signs of stellar performance by the last team, but it's really an unfortunate way to comprehend things and I wouldnt bother arguing with them cos I know the partisan/sentimental stance they come from.

Ephemmm:


[s]I doubt if you read the piece in-to-to before commenting: Lazy reader

[/s]

you don't have anything too say!

Flets:
These political jobbers claiming technocrats are so predictable.

They believe that Once they scream an anti-GEJ jargon. .... they get Buhari's attention.

NOI and other GEJ technocrats have been landing globally renowned portfolios while soludo have been ranting from the sidelines for an FG job.

Note well that it is demeaning for Prof Soludo to seek for or accept jobs at his present pedigree.
His certificates are carried in nuclear keyed secure box, while that of others are in Manila file.
He is Stephen Hawkings of Africa, they are unemployable because of been over qualified.
Do you know how much he was paid to speak in that forum? And other speeches he has delivered all over the world. He has ascended over life rat race.
As an Aguta man Anambra state, he is a multi billionaire, and men like him in his village no longer work.

koboko69:
Chukwuma Soludo, former governor of the Central Bank of Nigeria (CBN), says the presidential regime of Goodluck Jonathan had “the worst economic management team” relative to available resources. The former Anambra state governorship aspirant also lamented that the Jonathan administration left the country with an “unprecedented rate of debt accumulation”.

However, he commended the Peoples Democratic Party (PDP) for still managing to record “tremendous progress” in its 16 years of ruling the country. Soludo was speaking in Lagos on Thursday at the third anniversary lecture of the RealNews magazine titled ‘Can a New Buharinomics Save Nigeria?’

“First, I supported President Muhammadu Buhari (PMB) over Jonathan not because I was convinced about the credibility of the APC manifesto (and I said so in my article in January this year) but for three reasons. I was convinced that the last economic team was bankrupting the economy and had no clue as to how to fix it,” he said.

“Second, PMB is the first president of Nigeria under a democracy to have seriously desired the job and struggled for it for over 12 years. To me therefore, he must have a few points to prove, and I was willing to bet on a man who purposefully wanted the job than otherwise. “Third, I was convinced that it would be in the enlightened self-interest of the APC, once in power, to do their utmost to keep power by delivering on the economy unlike the PDP which had taken power for granted. I am still confident that PMB can deliver change (although as I had indicated in my article in January, I didn’t believe that any of the two parties could deliver on their manifesto) but he and his team now need to run at the speed of a 1000 km per hour.

“We must support them to succeed by contributing when we can, and criticising when we must — tough love! I am enjoying my status as ‘an independent’ (I don’t belong to APC or PDP) and I therefore have the liberty to say it as I see it from the balcony! “As at 1999 when PDP came to power, Nigeria was largely a pariah state still lucky to have survived as one indivisible sovereign, especially in the context of the struggle by NADECO and restiveness in many parts of the country. On corruption, Transparency International scored it 1.6 out of 10 and ranked 98 out of 99 countries in 1999.

Nigeria was listed among four countries that were non-compliant on the anti-money laundering rules by the Financial Action Task Force (FATF). “We could not service our external debt and relied on stressful rescheduling, with all the intrusive donor conditionalities. Poverty was estimated at 70%, and unemployment at nearly 20%. The 1990s will go down in our economic history as the decade of stagnation: when per capita income growth was zero. Average oil price in May 1999 when President Obasanjo took over was $15.24 while stock of reserves was about $5 billion.” Reflecting on PDP’s and Jonathan’s reign,

Soludo said: “After 16 years, several challenges remain and some have even worsened (especially insecurity). [b]Although President Jonathan’s regime had the worst economic management relative to the resources at its disposal, [/b] it must be stressed that tremendous progress was made in the aggregate 16 years of PDP government. “

Yes, it should have left more than $100 billion in reserves but left only $30 billion (still about six times of what it met). We also wish that Jonathan’s team did not leave Nigeria with unprecedented rate of debt accumulation. But, according to statistics from NBS, the PDP handed over a $550 billion economy (largest in Africa and 26th in the world), with 7.5% unemployment rate (better than European Union, France, Sweden, Belgium, etc although the underemployment figure is much higher); 32%?? poverty rate (as claimed by the former Finance Minister, or 61%??: NBS needs to clarify this claim); a stock of reserves of $30 billion; GDP growth rate averaging 6% over last 12 years; a relatively more diversified economy, with ICT penetration from 0.2% to over 60%, and a new contributory pension scheme now with trillions of Naira in pension fund. “Our external debt is down although total debt stock is escalating.

Our Gini coefficient (degree of inequality) is not different from China’s. Nigeria has consolidated and stronger banking system that currently finances both government debt and the private sector, with a relatively vibrant capital market. The capitalization of the Nigerian Stock Exchange grew from less than N1 trillion to N12 trillion as at handover. For the first time, Nigerian economy is now rated by credit rating agencies (Fitch, and Standard and Poor’s).”

Read more at: https://www.thecable.ng/jonathans-regime-worst-economic-management-team-says-soludo

Anybody who takes this man serious.....

An administration that had the worst economic management team contributed to the "tremendous progress was made in the aggregate 16 years of PDP government

Soludo, just shut your trap. You will not do better if given the opportunity to rule this country. You are only looking for attention. When you were the Governor of central bank, what did you do?

Prof Soludo,You claim GEJ had the worst economic mgt team relative to available resources and u commended PDP for still manage to to record tremendous progress in its 16 years of rulling. Pls sir,i would like to know in whose regime of the PDP was this progress actualised..is it in OBJ;Y'ADUA or GEJ? I think your statement are quite contradicting and erroneous.I'm sure is because you're part of Obj team that is why u gave credit to PDP in its 16 years rulling.You canvass for Nigeria to buy the idea of single currency for west africa (ECO) for your own selfish policy.You made us believe that our banks 89 by then wasn't strong enough in terms of reserve and liquidity so u ask our banks to recapitalised to the tune of N25 billion and therefore reduced the number to 24 which is not even the seize of 4 banks we have in south africa. You also introduced N20 polymer note that our previous note doesn't last longer during transactions but the new polymer notes fades away so quickly in the hands of the holder. You also made us to believe that our banks are strong and as such advertising shares that doesnt sustain the shareholders and allowing our bank MD to give out loans to rich few Nigerians exposing them to huge non performing loans without receiving a substantial collateral if not for Sanusi Lamido that exposes these bank MD's and got them fired.Sir,i will like to remember you that bail out was given to the failed banks as stimulus package for them not to have a bank run. Over N400 billion was realease to cushion the effect of illiquidity from those banks.Where are this money coming from? is it not the money from govt?is that not a mismagement by you from your negligence as an umpire of our financial payment system? God bless Nigeria..God bless us all.

Lagos ni, Ogba

Chanchit:


Which part of Nigeria do you live, my Lord?

Better than the Present Administration Team. Definitely BAD is BETTER than WORSE!

baralatie:

below is from Mr. soludo

" Our Gini coefficient (degree of inequality) is not different from China’s. Nigeria has consolidated and stronger banking system that currently finances both government debt and the private sector, with a relatively vibrant capital market. The capitalization of the Nigerian Stock Exchange grew from less than N1 trillion to N12 trillion as at handover. For the first time, Nigerian economy is now rated by credit rating agencies (Fitch, and Standard and Poor’s).”
Re"




that only validates Gej administration as one of the very best in the history of Nigeria!

Learn to read and comprehend, the figures up there is from 1999 to 2015, aggregate of PDP government for 16 years.

Jonathan presided at the peak of the boom and had no tangible results to show for it. He only rode on the successes of the previous 2 PDP administrations and oil price peaking at highest in world history.
Yet immediately prices crashed almost everything he claimed to have achieved vanished like hot steam

dongila001:
Story for d gods. nigeria economy was doing well during gej tenure

And what happened with that 'doing well' immediately the feeding bottle ($140 per oil barrel) was withdrawn?

The current government is only operating with $40 on top of what Jonathan had, and they still manage to keep many things running, the foreign reserves has not run out in 6 months as predicted had we stuck with Jonathan rather it had marginal increase ensuring we still meet our major obligations.
Imagine what this government will achieve if they have the tons of cash available to GEJ

Candybob:
This Soludo is equivalent to a bastard son of a bingo!

After the way he way he lambasted the last administration, close to the election with his fictitious letters! One would have thought the GEJ administration had no single success, but alas he has come back to swallow his vomit!

Now he claims Reserves should have been $100billion but Nigeria only managed $30 billion! Thank God you agreed the $30 billion was 6times what was there initially! Hahaha!!!

I keep saying it that the GEJ regime did well, but unfortunately lost the support of the people to its poor management of the fuel subsidy saga, coupled with an internationally backed opposition propanganda machinery!

Now we can see for ourselves! Although we also know that this Soludo is looking for food!!!

You conveniently forgot GEJ met the reserves at over $60 Billion and left it at $30 Billion after presiding over the highest government revenue with oil peaking at $140.

The government that left $60 Billion started with $15 a barrel and still payed $12 Billion to get our $30 Billion debt written off. But with did GEJ do with his opportunity?

thundafire:


25 billion naira capitalization policy was under Lamido nd nt soludo is it nt during his tym dat banks wer springin up anyhw carrying pples mny away but with dy restructuring by lamido banks re nt upto 26 but during ur oga soludo banks reach 50

See the kind of people we having economic discussion with, most are not even informed. You were probably in primary school in 2004 - 2006 or at best a very dull secondary school student.

Ovamboland:


See the kind of people we having economic discussion with, most are not even informed. You were probably in primary school in 2004 - 2006 or at best a very dull secondary school student.

briliant student na u be dy shout 4 change na expecting 5k 4rm ur dullard presido keep supporting dullard just as u re e-raaaaaaaaaaaaaaaaattttttttttttttttt

[quote author=Ovamboland post=40245464]


the figures up there is from 1999 to 2015, aggregate of PDP government for 16 years.

Soludo shut d f**k up...C dis vision less man is talking about anoda man. U nt even ashamed of yasef. 4rm governor of central bank to vying for the post of a state governor. Pls shut up let pple dat v vision in lyf tlk. In ya regime wat did u do.

175:


Me? Bullshit Lolz guy relax I just love "humourizing" cos I love to laugh a lot. Cheers!!!


Back to the matter, Soludo is a snitch oya bite me

if I see the opportunity,i'l bite ur bom bom a thousand times bro

175:


Me? Bullshit Lolz guy relax I just love "humourizing" cos I love to laugh a lot. Cheers!!!


Back to the matter, Soludo is a snitch oya bite me

if I see the opportunity,i'l bite ur bom bom a thousand times bro

Stallione:
if I see the opportunity,i'l bite ur bom bom a thousand times bro if I see the opportunity,i'l bite ur bom bom a thousand times bro

Hahahahah! . . .abeg ooo dem go just tag u as gay ooo. My hand no dey ooo Lolz! 14yrs no be beans!