obailala:
I kind of agree with Eluwilussit, the problem wasn't NOI but Jonathan himself. However NOI should have just resigned just the way she did when OBJ wanted to start messing her up. If we check history very well, everywhere in which NOI failed under GEJ, she actually did well under OBJ. NOI achieved her world acclaim when she worked with OBJ, all economic indices were on a steady rise but the whole story strangely changed when she worked with GEJ.

@Obiagelli, I remember the state governors also prevailed on OBJ/NOI to share the ECA funds. They termed the account 'illegal' and even took him to court but OBJ in his stubborn ways vehemently refused to crack; same also happened with Yaradua but he equally refused. But the very second GEJ assumed office, one of the first things he did in 2010 was to share the ECA money in order to curry favour from the governors for his 2011 ambition. I think OBJ was right when he said NOI is a genius but she has her weaknesses and needs to work with a smart boss if she must excel.

obailala:
I kind of agree with Eluwilussit, the problem wasn't NOI but Jonathan himself. However NOI should have just resigned just the way she did when OBJ wanted to start messing her up. If we check history very well, everywhere in which NOI failed under GEJ, she actually did well under OBJ. NOI achieved her world acclaim when she worked with OBJ, all economic indices were on a steady rise but the whole story strangely changed when she worked with GEJ.

@Obiagelli, I remember the state governors also prevailed on OBJ/NOI to share the ECA funds. They termed the account 'illegal' and even took him to court but OBJ in his stubborn ways vehemently refused to crack; same also happened with Yaradua but he equally refused. But the very second GEJ assumed office, one of the first things he did in 2010 was to share the ECA money in order to curry favour from the governors for his 2011 ambition. I think OBJ was right when he said NOI is a genius but she has her weaknesses and needs to work with a smart boss if she must excel.

Obiagelli:

Gej though a fine gentleman was more a disaster. I blame obj for the greed of 3rd term rather than preparing someone to take over from him.

Like Obj said in his book, NOI needs a firm hand to guide her through success.

Eluwilussit:


You are 100% correct. Most times, I blame OBJ for foisting a man who was not prepared on us. GEJ is a good man but a weak president. OBJ is a "bad" man but a strong president. PMB? it is too early to conclude. He really needs more time. Yar'Adua in my opinion, would have been the best if not for his illness. May his soul r.i.p.

Obiagelli:


Yar'Adua is a story for another, i don't fancy him one bit, the fact that he reversed all that Obj did was very silly, especially the power and rail projects that gej had to reaffirm.
This is why i am happy to hear the pmb won't be cancelling projects initiated by gej

Okonjo-Iweala: The Failed Minister


[b]She came into the office in 2011 promising to turn around the economy and was even named Coordinating Minister of the economy, a position that does not exist in Nigeria’s constitution.

Under her watch, Okonjo-Iweala forced Nigeria to create a Sovereign Wealth Fund of $1billion, a novelty in a country that has always consumed all its oil income, leaving nothing for the future. She also re-introduced some transparency in public finance, by publishing the monthly allocations going to all tiers of government.

However, she has been unable to tame the bigger monsters. Under her watch, the combined domestic and external debt of the Federal Government ballooned to $40 billion by the end of 2014. Abandoned capital projects also litter the country with completion costs estimated at over $50 billion. Some of the projects include the Lagos-Ibadan Expressway, Shagamu-Benin Expressway, the second Niger Bridge, the East-West Road and many others. Contractors in many sites have left and have sacked thousands of workers.

The woman styled as the co-ordinating minister has watched helplessly as the Federal Government indulged in a series of financial recklessness, such as the wasteful National Conference that gobbled over N10 billion and the establishment of new Federal universities when the existing ones are poorly funded. Such is the pattern of reckless expenditure that at the moment, Nigeria’s foreign reserve has dropped to $29 billion, from the $43 billion met by the Jonathan administration.[/b]






http://thenewsnigeria.com.ng/2015/05/okonjo-iweala-the-failed-minister/

klimson:

Is it English you don't understand or you don't have sense? Idiot!

afroniger:


Haba. Let us not only beg her but also beg PDP to come back and borrow over a billion dollars to pay salaries like Iweala did last year before she handed over, deplete the foreign reserves, lie about economic statistics, and diversify the economy they failed to diversify for 16-years o. What PDP failed to do in 16-years, i am sure they will perform magic after we beg them back this time around. I can't shout oooooo.

esmeralda1:

WEEP for yourself joblessness at its peak

OLADD:



I can bet it with you that Kemi Adeosun would rather pray and fast for that "paper improvement" than the Naira free falls happening under her nose. Take it or leave it, Okonjo Iweala was a better economy manager.

Obiagelli:
Still under Okonjo iweala oil price at $60

Mass Sack At Diamond Bank

The economic downturn in the
country, coupled with the difficult
regulatory climate, seems to be
taking its toll on the financial sector
as one of the top financial
institutions, Diamond Banks Plc has
sacked over 1,000 workers.

www.pmnewsnigeria.com/2015/04/14/mass-sack-at-diamond-bank/


Mass sack under Super Gej/Noi? what is lai mohammed smoking

Nigeria’s power generation at “all-time low”; crashes to 1,327MW

Nigeria’s overall electricity
generation has dropped to an
unprecedented low of 1,327
megawatts, the Ministry of Power
said Friday, a week before the
transfer of power from President
Goodluck Jonathan to President-
elect Muhammadu Buhari.

www.premiumtimesng.com/news/headlines/183496-nigerias-power-generation-at-all-time-low-crashes-to-1327mw.html

Today the story is different

Sunnycliff:
The zombies will rather prefer #1000:1$ than allowing the financial amazo to come for their rescue.

Nijagobeta:
Beg her for what exactly? To continue her paper improvements? And keep lying to us so she can get more foreign post.


Rubbish upon rubbish

DropShot:
Femi Aribisala is an old foool.

If not, how does a sane man canvass for the return of a finance minister who failed woefully in managing bounty harvest to come and mange austere period?

The overhyped economist who couldn't diversify the economy during surplus earnings is the person the lunatic Aribisala is asking us to bring back!

And talking about the revelations in the budget, it is actually a credit to Buhari that we're getting to know the existence of bloated figures contained therein. In the past, the presidency would have done a deal with the NASS such that the budget is not fully discussed to reveal those padding before it's passed. But because we have a president who will not do a deal to shortchange Nigeria, we're able to know how the budget cabals have been stealing us blind.

Yes, the presidency made some mistakes by not being very deligent with the budget, but the fact that heads have rolled and more will still roll for the budget padding is a testament to the president's readiness to take actions to correct mistakes.

To hell with Femi Aribisala and his unpatriotic cohorts.

DropShot:
Femi Aribisala is an old foool. Thou shall not call a fellow Human a Fool.

If not, how does a sane man canvass for the return of a finance minister who failed woefully in managing bounty harvest to come and mange austere period?

The overhyped economist who couldn't diversify the economy during surplus earnings is the person the lunatic Aribisala is asking us to bring back!

And talking about the revelations in the budget, it is actually a credit to Buhari that we're getting to know the existence of bloated figures contained therein. In the past, the presidency would have done a deal with the NASS such that the budget is not fully discussed to reveal those padding before it's passed. But because we have a president who will not do a deal to shortchange Nigeria, we're able to know how the budget cabals have been stealing us blind.

Yes, the presidency made some mistakes by not being very deligent with the budget, but the fact that heads have rolled and more will still roll for the budget padding is a testament to the president's readiness to take actions to correct mistakes.

To hell with Femi Aribisala and his unpatriotic cohorts.

Nijagobeta:
Beg her for what exactly? To continue her paper improvements? And keep lying to us so she can get more foreign post.


Rubbish upon rubbish

OLADD:



I can bet it with you that Kemi Adeosun would rather pray and fast for that "paper improvement" than the Naira free falls happening under her nose. Take it or leave it, Okonjo Iweala was a better economy manager.

byteem:




GUY/ BABE..TALK WITH SENSE NAA.. NO BE TODAY CRUDE OIL PRICE FALL.. ITS BIN FALLING FOR THE PAST THREE YEARS .. AND FOR SOME REASON THE DOLLAR NEVER WENT BERSECK AGAINST THE NAIRA.. OKONJO ALWAYS MANAGED TO KEEP IT IN CHECK... U THINK SAY IM EASY TO GET WORLD BANK CONTACTS... SHE WAS OBVIOUSLY DOING SOMETHING RIGHT

SHE HELD BACK THE DOGS ALL THE WHILE .. NOW SHE IS GONE .. ITS NO HOLD BARRED MUNCHING OF OUR NAIRA... JONA MAY HAVE BEEN CLUELESS BUT NOW WE REALIZE HE DINT HAVE A CLUELESS ECONOMIC TEAM AFTERALL...

Nijagobeta:
Beg her for what exactly? To continue her paper improvements? And keep lying to us so she can get more foreign post.


Rubbish upon rubbish