LadyExcellency:


My Neighbour whose shop got burnt a year ago has recovered.

Ask those people whose shops got burnt in Lagos last January how they are faring, many of them are on the part to recovery while some are back on their feet.

A lazy son always blames his dead father's inability to keep buoyant inheritance for his failures.

Our agricultural revolution was on course when this government took over a year ago but where is it today?

Extreme hunger in the land, insecurity everywhere and someone is still making excuses after a year in office.

Zombie 2.0

obosirow:
If I'm wrong, kindly correct me... The Foreign reserve we accuse GEJ of mismanaging, was it used to fund project Nigeria or his personal asset?

GEJ and Okonjo made a case for a special savings account, if I remember clearly, Amaechi and his fellow APC colleagues demanded that the money be released to them to fund their state budgets.

If after a year PMB, Liar Moh'd are still accusing GEJ for the current state of affairs of Nigeria, it simply means they lack solution to project Nigeria.

I just wish APC had not misled some gullible Nigerians, and Labour Unions to protest against subsidy removal in 2012, I'm very sure by now Nigeria would have been out of the woods by now and the exchange rate wouldn't have been this high. The economy would have been stabilized.

Let's Pray that God will grant or leaders wisdom to rule and lead us right; Nigerians, the wisdom and humility to be led.

I believe in Nigeria and very certain things will get better. God bless Nigeria.

sunnyb0b0:


Obasanjo met the foreign reserve at $3.5bn, oil price at $9 and a foreign debt of $32bn.

Buhari met the foreign reserve at $30bn, oil price at $40 and foreign debt of about $8bn.

So, what are you guys on about?

arresa:



By blaming the present administration for the issues you listed and saying the government should have have handled the issues this or that way means we are facing issues that we shouldn't be facing, but we are because 16 years of PDP did not possition the country properly to deal with the challenges we are dealing with.

Did 16 years of PDP and looting and stealing $20 billion plus power money get us out of darkness? No


Did 16 years of PDP and wholesale and institutionalized corruption and incompetence deliver infrastructures to better our existence ? No.

Did 16 years of PDP and wholesale and wholesale and institutionalized corruption and incompetence improve our federal accounts with the funds they looted and shared? No.


Did 16 years of PDP and wholesale and institutionalized corruption and incompetence deliver1 single refinery to help us out of the ever present fuel shortages? No.

Did 16 years of PDP and wholesale and institutionalized corruption and incompetence maintain and keep running our 4 refineries to prevent shortages. No.

What did GEJ and his administration to his service chiefs who looted $15 billion while our men and women in uniform die on the battlefield? He promoted and gave them National awards.

We are still gwtting bombarded daily with new revelations about this and that billions looted and diverted here and their so what's your.point exactly.? That that rotten and decayed looting and stealing government did a great job and we are in this mess because of this less than a year administration.?


Nigerians did the right thing by getting rid of Jona and his looting and stealing gang because it stopped the national bleading, it stopped the daylight looting and stealing.

The office of the NSA is no longer looting and sharing our money.

Our funds is no longer funding dubious spiritual prayers or paying for Metuh style presidential assingments.

Our meager foreign reserve is ni longer for corrupt, pointless and silly activities like importing toothpicks and other rubhish.

Stealing is now coruption.

Looters for the 1st time are on trial and set to go to jail.

The 2nd Niger bridge is finally getting built with direct FG money on the table to fund it with after 16 years of PDP lies, gimmicks, deceptions, incompetence and bogus tolling arrangements.

Lagos Ibadan express is now getting full and final attention.

Lagos Abuja rail is on track.

Lagos calabar rail sytem and the largest public works project in Africa is set to commence with money and federal will on the table.

Our looted funds stashed abroad is heading back to Nigeria to serve put needs.

Boko Haram is no longer invisible to our galant troops.

Our image on the global stage is shining again.

Petrol shortages is about to be over forever because we consume 33.6m liters per day, but ordinary Dangote refinery will pump out 55.2 million liters per day with left over to export.

Of course we have challenges, but we've gained so much in less than a year and better days are ahead.


We know the problem with many of you, but fact remains that GEJ is gone for good, stealing is now corruption and we have major job creating projects, pooicies and programs coming up, our economy is geting repositioned to serve us better.

4Play:


There is an obvious flaw in your argument but to get to it, APC fans will have to admit something they have always mendaciously denied - that the size of the economy has grown substantially since 1999 such that foreign reserves of $30bn and oil prices of $40 are not sufficient to maintain our present standard of living.

In 1999, the minimum wage was about 550 to 800 Naira. At today's income levels, Nigerians consume far more (much of it imported) that foreign reserves of $30bn are now insufficient to maintain present consumption levels. This is also a major indictment of our PDP governments. If you wanted to know why GEJ's era failed to produce savings from the high oil prices, look no further than recurrent expenditure (the public sector wage bill and its attendant effect on aggregate consumption).

Wages should increase in line with productivity growth, but by more than tripling wages (the minimum wage went from N5000 to N18,000), it meant government needed oil prices to remain at +$100 p/b to pay workers. The big increase in wages meant that consumption increased and with that our import bill. Because these wage increases were not driven by productivity growth but by government fiat to gain cheap popularity, they were unsustainable once the government and the economy's main source of income and forex, oil, collapsed.

Where I differ from most is that I do not attribute blame for these policy mis-steps to just the political class. It's Nigerians' penchant for supporting populist and economically illiterate policies that puts us in these dire situations. Yar'Adua & GEJ increased public sector wages because such financially suicidal policy goes down well with Nigerians. When people today laugh at Osun, we should remember that its fiscal troubles are not because Aregbesola was extraordinarily corrupt, it's because he was trying to gain/maintain popularity by spending on infrastructure at a financially unsustainable rate. To illustrate how financial imprudence is popular with Nigerians, recall that APC's official policy according to Lai Mohammed when oil prices were high was that the excess crude account and other saving measures like the SWF ought to be abolished. You see, the political class are drawn from the ranks of Nigerians and as long as Nigerians support moronic policies, changing the ruling party won't make much of a difference in the long run.

sunnyb0b0:


Obasanjo met the foreign reserve at $3.5bn, oil price at $9 and a foreign debt of $32bn.

Buhari met the foreign reserve at $30bn, oil price at $40 and foreign debt of about $8bn.

So, what are you guys on about?

Sall:
I must say , what brought about the hunger was failure of the previous government to plan when we had plenty. And now ressession sets in we are bound to get exhausted and tired and hungry. And now enough is enough every every one must bear the brunt of our reckless spending season and be ready to make sacrifice for the future and progress of this country.so our children will not lay the blame of today on us tommorow if we fail to sacrifice today for them. My take.

sunnyb0b0:
Do you agree?
Click like if you agree.

sunnyb0b0:


Obasanjo met the foreign reserve at $3.5bn, oil price at $9 and a foreign debt of $32bn.

Buhari met the foreign reserve at $30bn, oil price at $40 and foreign debt of about $8bn.

arresa:



By blaming the present administration for the issues you listed and saying the government should have have handled the issues this or that way means we are facing issues that we shouldn't be facing, but we are because 16 years of PDP did not possition the country properly to deal with the challenges we are dealing with.

Did 16 years of PDP and looting and stealing $20 billion plus power money get us out of darkness? No


Did 16 years of PDP and wholesale and institutionalized corruption and incompetence deliver infrastructures to better our existence ? No.

Did 16 years of PDP and wholesale and wholesale and institutionalized corruption and incompetence improve our federal accounts with the funds they looted and shared? No.


Did 16 years of PDP and wholesale and institutionalized corruption and incompetence deliver1 single refinery to help us out of the ever present fuel shortages? No.

Did 16 years of PDP and wholesale and institutionalized corruption and incompetence maintain and keep running our 4 refineries to prevent shortages. No.

What did GEJ and his administration to his service chiefs who looted $15 billion while our men and women in uniform die on the battlefield? He promoted and gave them National awards.

We are still gwtting bombarded daily with new revelations about this and that billions looted and diverted here and their so what's your.point exactly.? That that rotten and decayed looting and stealing government did a great job and we are in this mess because of this less than a year administration.?


Nigerians did the right thing by getting rid of Jona and his looting and stealing gang because it stopped the national bleading, it stopped the daylight looting and stealing.

The office of the NSA is no longer looting and sharing our money.

Our funds is no longer funding dubious spiritual prayers or paying for Metuh style presidential assingments.

Our meager foreign reserve is ni longer for corrupt, pointless and silly activities like importing toothpicks and other rubhish.

Stealing is now coruption.

Looters for the 1st time are on trial and set to go to jail.

The 2nd Niger bridge is finally getting built with direct FG money on the table to fund it with after 16 years of PDP lies, gimmicks, deceptions, incompetence and bogus tolling arrangements.

Lagos Ibadan express is now getting full and final attention.

Lagos Abuja rail is on track.

Lagos calabar rail sytem and the largest public works project in Africa is set to commence with money and federal will on the table.

Our looted funds stashed abroad is heading back to Nigeria to serve put needs.

Boko Haram is no longer invisible to our galant troops.

Our image on the global stage is shining again.

Petrol shortages is about to be over forever because we consume 33.6m liters per day, but ordinary Dangote refinery will pump out 55.2 million liters per day with left over to export.

Of course we have challenges, but we've gained so much in less than a year and better days are ahead.


We know the problem with many of you, but fact remains that GEJ is gone for good, stealing is now corruption and we have major job creating projects, pooicies and programs coming up, our economy is geting repositioned to serve us better.

LadyExcellency:


My Neighbour whose shop got burnt a year ago has recovered.

Ask those people whose shops got burnt in Lagos last January how they are faring, many of them are on the part to recovery while some are back on their feet.

A lazy son always blames his dead father's inability to keep buoyant inheritance for his failures.

Our agricultural revolution was on course when this government took over a year ago but where is it today?

Extreme hunger in the land, insecurity everywhere and someone is still making excuses after a year in office.

Zombie 2.0

sunnyb0b0:


Obasanjo met the foreign reserve at $3.5bn, oil price at $9 and a foreign debt of $32bn.

Buhari met the foreign reserve at $30bn, oil price at $40 and foreign debt of about $8bn.

So, what are you guys on about?

arresa:



By blaming the present administration for the issues you listed and saying the government should have have handled the issues this or that way means we are facing issues that we shouldn't be facing, but we are because 16 years of PDP did not possition the country properly to deal with the challenges we are dealing with.

Did 16 years of PDP and looting and stealing $20 billion plus power money get us out of darkness? No


Did 16 years of PDP and wholesale and institutionalized corruption and incompetence deliver infrastructures to better our existence ? No.

Did 16 years of PDP and wholesale and wholesale and institutionalized corruption and incompetence improve our federal accounts with the funds they looted and shared? No.


Did 16 years of PDP and wholesale and institutionalized corruption and incompetence deliver1 single refinery to help us out of the ever present fuel shortages? No.

Did 16 years of PDP and wholesale and institutionalized corruption and incompetence maintain and keep running our 4 refineries to prevent shortages. No.

What did GEJ and his administration to his service chiefs who looted $15 billion while our men and women in uniform die on the battlefield? He promoted and gave them National awards.

We are still gwtting bombarded daily with new revelations about this and that billions looted and diverted here and their so what's your.point exactly.? That that rotten and decayed looting and stealing government did a great job and we are in this mess because of this less than a year administration.?


Nigerians did the right thing by getting rid of Jona and his looting and stealing gang because it stopped the national bleading, it stopped the daylight looting and stealing.

The office of the NSA is no longer looting and sharing our money.

Our funds is no longer funding dubious spiritual prayers or paying for Metuh style presidential assingments.

Our meager foreign reserve is ni longer for corrupt, pointless and silly activities like importing toothpicks and other rubhish.

Stealing is now coruption.

Looters for the 1st time are on trial and set to go to jail.

The 2nd Niger bridge is finally getting built with direct FG money on the table to fund it with after 16 years of PDP lies, gimmicks, deceptions, incompetence and bogus tolling arrangements.

Lagos Ibadan express is now getting full and final attention.

Lagos Abuja rail is on track.

Lagos calabar rail sytem and the largest public works project in Africa is set to commence with money and federal will on the table.

Our looted funds stashed abroad is heading back to Nigeria to serve put needs.

Boko Haram is no longer invisible to our galant troops.

Our image on the global stage is shining again.

Petrol shortages is about to be over forever because we consume 33.6m liters per day, but ordinary Dangote refinery will pump out 55.2 million liters per day with left over to export.

Of course we have challenges, but we've gained so much in less than a year and better days are ahead.


We know the problem with many of you, but fact remains that GEJ is gone for good, stealing is now corruption and we have major job creating projects, pooicies and programs coming up, our economy is geting repositioned to serve us better.

4Play:


There is an obvious flaw in your argument but to get to it, APC fans will have to admit something they have always mendaciously denied - that the size of the economy has grown substantially since 1999 such that foreign reserves of $30bn and oil prices of $40 are not sufficient to maintain our present standard of living.

In 1999, the minimum wage was about 550 to 800 Naira. At today's income levels, Nigerians consume far more (much of it imported) that foreign reserves of $30bn are now insufficient to maintain present consumption levels. This is also a major indictment of our PDP governments. If you wanted to know why GEJ's era failed to produce savings from the high oil prices, look no further than recurrent expenditure (the public sector wage bill and its attendant effect on aggregate consumption).

Wages should increase in line with productivity growth, but by more than tripling wages (the minimum wage went from N5000 to N18,000), it meant government needed oil prices to remain at +$100 p/b to pay workers. The big increase in wages meant that consumption increased and with that our import bill. Because these wage increases were not driven by productivity growth but by government fiat to gain cheap popularity, they were unsustainable once the government and the economy's main source of income and forex, oil, collapsed.

Where I differ from most is that I do not attribute blame for these policy mis-steps to just the political class. It's Nigerians' penchant for supporting populist and economically illiterate policies that puts us in these dire situations. Yar'Adua & GEJ increased public sector wages because such financially suicidal policy goes down well with Nigerians. When people today laugh at Osun, we should remember that its fiscal troubles are not because Aregbesola was extraordinarily corrupt, it's because he was trying to gain/maintain popularity by spending on infrastructure at a financially unsustainable rate. To illustrate how financial imprudence is popular with Nigerians, recall that APC's official policy according to Lai Mohammed when oil prices were high was that the excess crude account and other saving measures like the SWF ought to be abolished. You see, the political class are drawn from the ranks of Nigerians and as long as Nigerians support moronic policies, changing the ruling party won't make much of a difference in the long run.

dvee2:


See lies from the pit of hell. LOOOOOL! Obasanjo met oil price at $9 dollars per barrel? wow! how can you lie in an open forum like this? The oil price per barrel during obj is $100 above. google it ogah liar.

sunnyb0b0:


Obasanjo met the foreign reserve at $3.5bn, oil price at $9 and a foreign debt of $32bn.

Buhari met the foreign reserve at $30bn, oil price at $40 and foreign debt of about $8bn.

So, what are you guys on about?

dvee2:


See lies from the pit of hell. LOOOOOL! Obasanjo met oil price at $9 dollars per barrel? wow! how can you lie in an open forum like this? The oil price per barrel during obj is $100 above. google it ogah liar.

Praktikals:

Are you telling us that $3.5bn in 1999 is not greater than $30bn in 2015, 16years after I don't get the basis of your comparison

muyiwadavid:
what ws d exchange rate in 1999 when Obasanjo came to power and what is the exchange rate when Buhari came to power now?I think this will help us to come to a reasonable conclusion

dvee2:


See lies from the pit of hell. LOOOOOL! Obasanjo met oil price at $9 dollars per barrel? wow! how can you lie in an open forum like this? The oil price per barrel during obj is $100 above. google it ogah liar.

londoner:
Nigerians protested subsidy removal under GEJ because they were already used to disrespecting him so they feared no retaliation. They fear Buhari so not only will there be no protests against fuel subsidy removal but also not regarding the still missing Chibok girls or boko horam.

The truth is that Nigerians are too ashamed to admit that they fear protesting openly against Buhari....because he is Buhari.

I do however agree with subsidy removal now just as I agreed when Jonathan tried. The only issue is that it should be gradually phased out to allow reasonable adjustments.