Obiodunukwe:


Oga, seunmsg has asked you several times

How has she failed in her duty as Minister of Finance?

Her job is to implement the government budget. As of yet, there is no budget to implement. Is that her fault?

Secondly, what exact fiscal policies do you recommend in light of the current economic conditions? Or are you just saying it for the fun of it?

Are you recommending a tax rise or should they be lowered?

Are you referring to a more efficient tax collection system?

AyakaDunukofia:
Igbo women; strong principle and high acumen. A trait identified by even white slave owners way back 400 years ago. Wow.

stonemasonn:
GEJ is not too corrupt, he is just too weak.

HiddenShadow:
Have you guys observed that whenever the useless ethno religious bigots are in a financial mess, they turn to the most hated tribe( Igbo) for a solution out of the mess they created.

Brilliance9000:
Ngozi is no fool...she knows whom to serve with. Obasanjo, Jonathan...yes. Buhari...No...he still a dictator, won't listen to advice!

SLIDEwaxie:
crude oil is $30/barrel.

Brilliance9000:
Ngozi is no fool...she knows whom to serve with. Obasanjo, Jonathan...yes. Buhari...No...he still a dictator, won't listen to advice!

nwaanambra1:
av once thought about that and i concluded in all honesty that they would av made a perfect combo.

ngozi is brilliant but she needs a strong hand with an iron brush to make her brilliance shine. GEJ doesn't have it. he is too corrupt and he ended up bringing out the worst of her.

SLIDEwaxie:
lol..that wasn't the plot. NOI is corrupt and unless a strong leader is there that will curb her. She will agree to Jonathan whose penchant for CORRUPTION and abetting it is second to none. common sense is not really common. the CBN govnr is no more from ur aide, abi?

why did u think OBJ suggested she served alongside buhari? why did u think she rejected the offer?

if u dnt knw, google why she was removed by OBJ as the chairman if economic team during the Paris club debt relief saga. of course, she wasn't alone in the CORRUPTION case, she inflated her allowance and commission.. if u dnt knw, the case was even taken to court before being removed.

so, think before u post.

now. abt them bailing them out...what do u think NOI will do in this type of situation when the price is crude oil is $30/barrel? She couldn't even save and avert the crashing future when the price was at $150/barrel? of course, her first statement as an advice to buhari was to increase VAT and increase TAX...so much for a brained god of the eastern morons!

buhari hasn't increase the TAX or VAT, and he has even reduced the price of petrol after not paying the trillions of subsidies they paid with increased pump price every year.

your senses have eluded you...import another UK used!

Deepfreezer:
Do you even read She turned the VP offer down. she is principled and believe it or not if she was around this economy won't be like this.
A prophet isn't respected in his home.

lookandlaff:
If Nigerians reallt want the Naira to strengthen in one fell swoop simply remove petroluem products from accesing the official market, that is the biggest single drain on our forex. The thing is the same people who are complaining will be the ones complaining about N130 petrol, never mind that when there is scarcity they are happy to buy @ N200. You cant eat your cake and have it.

homosapien:



Before Igbo's will save Nigeria, Igbo's should first save Abia , Imo, Enugu, Anambra, and Ebony. When you turn all this States to dubai, Malaysia etc then you can come back to save Nigeria.

nwaanambra1:


he is both weak and corrupt or how do u define a man whom under his watch billions of dollars was stolen from the national treasury

simplycarro:


Which election are you talking about and which election was baba talking about in the book?

Sunnybobo3:


It was $9 in 1999

oboman:


Upon on that, they were taken as slaves and whipped on plantation like donkeys.


We should stop celebrating obvious mediocrity.

Why would a sane mind be proud to quote the slave master's compliment just to show his tribe is better?

I feel utmost disgust!

SLIDEwaxie:
and u tot 1999 was a great year such that level 10 civil servants collects 7,500 as salary?

seunmsg:



Why did you think Adeosun is not fit to be the finance minister? Did you come to this conclusion as a result of her performance so far in the last three months or you are going with the skewed and bigoted narratives of the wailers from south east who are desperately trying to bring her down due to the failures of NOI?

In terms of the core duties of a finance minister, can you mention one area where she has failed so far since her appointment?

Of all the ministers in the current cabinet, can you mention just one who has so far performed excellently well?

Seriously, I don't understand why some people have continued to repeat this narrative that Kemi is not doing well, she only came on board three months ago and the first budget that she will implement is still before the National assembly for consideration. Why all these unnecessary criticism?

Sunnybobo3:


What was the exchange rate in 99?

SLIDEwaxie:
what was the inflation rate. maybe u forgot, naira was devalued before then.

besides. the price of crude oil was $17 in 1999 and not $6.

besides, it was after 1999, after the price rose, that the govt increased minimum wage to 10,500, then more workers, more ministries, and more liabilities.

bros, I knw u will reply, but, first, put phone charger for your forehead, use headtie hold am, plug and charge your China brain before u reply.

I wldnt like to waste time, exposing your dotted yansh!

seunmsg:



Why did you think Adeosun is not fit to be the finance minister? Did you come to this conclusion as a result of her performance so far in the last three months or you are going with the skewed and bigoted narratives of the wailers from south east who are desperately trying to bring her down due to the failures of NOI?

In terms of the core duties of a finance minister, can you mention one area where she has failed so far since her appointment?

Of all the ministers in the current cabinet, can you mention just one who has so far performed excellently well?

Seriously, I don't understand why some people have continued to repeat this narrative that Kemi is not doing well, she only came on board three months ago and the first budget that she will implement is still before the National assembly for consideration. Why all these unnecessary criticism?

TonyeBarcanista:
As Coordinating minister of the Economy under Jonathan, Iwaela was mthe defacto prime minister. Under her watch, the oil price was at all time high but nothin came out. Reserve was depleted, ECA was depleted(thanks to Govs), yet we had no infrastructure on ground to boost our economy. NOI kept rollin out figures and statistics that had no reflection in reality. I think she should be allowed to rest.

As for Adeosun, I think she isn't fit enough for the job of finance minister. Maybe she assume that her british tongue is enough to handle Nigeria economy.


I'll sugest that Buhari hire the former commissioner of finance that served under Tinubu or any home-grown professional.

Sunnybobo3:


If you do not know that oil fell to $9/barrel in first quarter 1999, what then are you arguing?

Nigeria pays salaries in Naira and nor dollars. So, how much in naira was Nigeria earning from oil in 1999 and how much in naira are we earning from oil today? Do the maths and then compare it to your salary analysis.

Get back to me when you've finished.

seunmsg:



Formulating the national budget is the duty of the budget office but once it becomes an appropriation act, it is the duty of the finance ministry to source for the needed funds and release the funds to MDA'S based on the budget. The finance minister signs the warrant and orders the Accountant General to do the cash backing and not the budget office. So far so good, I don't think she has failed in doing the above.

Secondly, agreed it is the duty of the finance minister to come up with fiscal policies for the country, but again, what exactly is fiscal policy? Fiscal policy is the policy that guides the administration of taxes and revenue generation in the country. Simply put, fiscal policies are geared towards raising the needed funds to carry out government projects and also as a tool for correcting social imbalance. So far so good, she has done well in this area. For the first time in Nigeria, a budget of N6trillion was proposed in a period of serious shortage in oil revenue. We have a proposal whereby taxes and internally generated revenue will fund over 50% of the budget. If that is not a success in fiscal policy formulation, I don't know what it is. You may argue that the budget is yet to be implemented, but the fact is, she has set a big target for herself. Why not let's give her a chance to implement this budget before we crucify her.

Bringing in the tribal narrative is inevitable. The narrative from her haters is that the south west is trying to create their own NOI so therefore, the wailers from the south east must bring her down at all cost even when she's done nothing wrong.

Finally, I will ask you again, name just one of the current ministers that has performed wonderfully well in the past three months of their inauguration?

obailala:
OBJ made a very good point, NOI has her weaknesses and she needs a very focused and discipline boss to cover up those flaws. Are you aware that in every area where NOI failed under GEJ, it was the exact opposite when she worked under OBJ?

All the achievements which gave NOI her fame was achieved when she worked under OBJ, from digging Nigeria out of the mud and placing her on the world economic map, clearing off debts in billions of dollars, increasing the nation's savings/reserves by over 1000% at a time when oil prices were lower, pushing Nigeria's GDP growth rate from 2% to a record 6-7%, creating a robust middle class etc. It's obvious she's good at what she does but she needs to be managed by someone strong, obviously not a GEJ, cos she apparently reversed all her achievements when she worked with GEJ.

seunmsg:


What's the job of Emefiele?