For your information: Buhari's 1 Year + In Office.

Buhari was handed over:
- $30billion in our Foreign Reserves,
- $2.5billion Sovereign Wealth Fund,
- $1.4billion in the ECA,
- $4.65b back taxes from NLNG.
- Buhari met an approved budget of N4.5trillion

Buhari received within a year:
- $2.7billion collected by Inland Revenue in his first 8 months.
- $2.1billion world bank loan.
- $850million Grants from UK, USA and Europe.
- Excluding crude oil sales, Joint Venture profits, Royalties, Income from Customs, NIMMSA, NPA, NACHO ......
- 3trilion on STA

More than a year has passed:
1] Not a kilometer of road constructed,
2] Not a watt of Electricity generated,
3] Not a Ward added to any Hospital in Nigeria.
4] Not a job space created, except the CBN job he shared with his cronies.
5] Not a grain of corn or tomato seed was provided to farmers. [Fertilizer subsidy taken away and handed back to ex-military men]
6] 41 foreign companies mostly in service industry have left Nigeria
7] 4.3 Million jobs lost in 10months - National Bureau of Statistics.
8] Food scarcity last experienced in Nigeria between 1983 to 1985 returned back.
9] War on Corruption turned into war against his perceived enemies. Convictions by EFCC were cases meticulously started by previous govt(s). Buhari wins cases only on the pages of Newspapers.
10] Nigeria dropped from No.1 Investment destination in Africa to No.27 before South Sudan.
11] African Biggest economy shrink from a GDP of about 7% to -0.36%, the fastest decline in the world since record began.
12] No.3 fastest growing economy in the world to No.83 in 365days.

Fund collected from looters: Who knows the total? Plans to loot from looters underway.

Wailers and Zombies over to you

Sincerely that man have tried his best in bringing hardship to us.

Elchappo:
Sincerely that man have tried his best in bringing hardship to us.

GEJ Mismanaged our economy

bestads:


GEJ Mismanaged our economy

Yes while Buhari is manage missing it..

Hmmm

No hope for the average Nigerian

Elchappo:


Yes while Buhari is manage missing it..

No he is managing it very well, at least corruption is dead at the federal level but THRIVING Very well in state capitals and LGAs

Infact he is the best economist ever recorded.

Check recent economics texts and see his economic policies and actions as case study in fiscal and monetary facet.

OP, your ignorance is legendary.

Standing5:
OP, your ignorance is legendary.

Zombie kill the op mtcheeeew!!!!

BUHARI IS A BASTARD!!!

bestads:


GEJ Mismanaged our economy

What exactly does " mismanaged our economy" mean in the Nigerian context.

For example, we can say that George Bush mismanaged the US economy after years of robust growth and employment left behind by Bill Clinton.

Who left the Nigerian economy robust that Jonathan and the PDP mismanaged?

Except for perhaps the 70s, the Nigerian economy NEVER had it as good as it was under Jonathan.
This is a documented fact.
Every socio-economic index was Green and pointing higher during the reign of Jonathan.

The Nigerian middle class expanded for the first time in many many decades during the stewardship of Jonathan.

If those are not indicators of good economic management, then perhaps we may need a Nigerian redefinition of " economic management".

bestads:


No he is managing it very well, at least corruption is dead at the federal level but THRIVING Very well in state capitals and LGAs

ie buruntashi and his Dubai houses
secret recruitment of children of high placed people into CBN
Nepotism everywhere
a beg just disappear

bestads post=4757055t3:


No he is managing it very well, at least corruption is dead at the federal level but THRIVING Very well in state capitals and LGAs

Burutai must be a local govt chairman in the North of Nigeria..

Yeye govt

Hardship advice
Join APC
Become zombie and feel pain no more.

Yes o...in the zombies world inflation has dropped by 10.1%,1$ = 1#,life expectancy has increased to 70yrs,food stuffs are now free and Agriculture is booming.

PMB has not done well,in the economy and selectiveness of his anticorruption fight,but for anyone to ever think that GEJ was anywhere near competent in any aspect of governance is a tragedy to whatever education that person acquired.
GEJ was a scam *2.
May it never be well with GEJ wherever he finds himself.
As for PMB,since he wants to corrupt his anticorruption fight,the gloves are off and he's going to get assessed on d same criteria others were.

[s]

doctokwus:
PMB has not done well,in the economy and selectiveness of his anticorruption fight,but for anyone to ever think that GEJ was anywhere near competent in any aspect of governance is a tragedy to whatever education that person acquired.
GEJ was a scam *2.
May it never be well with GEJ wherever he finds himself.
As for PMB,since he wants to corrupt his anticorruption fight,the gloves are off and he's going to get assessed on d same criteria others were.

[/s]


Nonsense!!!

eugyno:
For your information: Buhari's 1 Year + In Office.

Buhari was handed over:
- $30billion in our Foreign Reserves,
- $2.5billion Sovereign Wealth Fund,
- $1.4billion in the ECA,
- $4.65b back taxes from NLNG.
- Buhari met an approved budget of N4.5trillion

Buhari received within a year:
- $2.7billion collected by Inland Revenue in his first 8 months.
- $2.1billion world bank loan.
- $850million Grants from UK, USA and Europe.
- Excluding crude oil sales, Joint Venture profits, Royalties, Income from Customs, NIMMSA, NPA, NACHO ......
- 3trilion on STA

More than a year has passed:
1] Not a kilometer of road constructed,
2] Not a watt of Electricity generated,
3] Not a Ward added to any Hospital in Nigeria.
4] Not a job space created, except the CBN job he shared with his cronies.
5] Not a grain of corn or tomato seed was provided to farmers. [Fertilizer subsidy taken away and handed back to ex-military men]
6] 41 foreign companies mostly in service industry have left Nigeria
7] 4.3 Million jobs lost in 10months - National Bureau of Statistics.
8] Food scarcity last experienced in Nigeria between 1983 to 1985 returned back.
9] War on Corruption turned into war against his perceived enemies. Convictions by EFCC were cases meticulously started by previous govt(s). Buhari wins cases only on the pages of Newspapers.
10] Nigeria dropped from No.1 Investment destination in Africa to No.27 before South Sudan.
11] African Biggest economy shrink from a GDP of about 7% to -0.36%, the fastest decline in the world since record began.
12] No.3 fastest growing economy in the world to No.83 in 365days.
O
Fund collected from looters: Who knows the total? Plans to loot from looters underway.

I will pretend as if your ignorance is based on Innocent naivete, so I will help you with some answers;

- Foreign Reserve is still at $27+bn - even after heavy depletion by CBN a fortnight ago in shoring up Naira value.
- $2.5bn capital is still with the special enterprise vehicle set up to manage the fund. It hasn't been liquidated yet.
- ECA has been emptied to give state govts first bailouts in order to pay for backlogs of salaries from GeJ era.
- $4.65bn NLNG inflow has long been shared to state govt to augment low revenue.
- #4.5tn "approved budget" is no existing money. Find out meaning of public budgets for better enlightenment.
- convert that $2.7bn into naira at rate of #200=$1, which is the exchange rate within that period;
-convert $2.1bn into naira as above, then add them together;
- convert $850m into naira as above and add to previous;
- add the value of those remittances to above; then subtract from #4.5tn. Now you know where your #4.5tn went. Mind you the budget hardly made 60% performance, in other words, they hardly achieved 60% of #4.5tn.
- #3tn TSA is domiciled in TSA account with CBN.

I will spare myself from the latter list because it will require me to teach a whole SS1 syllabus on Economics in order to make you understand 80% of the points. If the earlier basic points had to be so explained to you, then it will take more to understand with the latter.

By the way, I agree PMB hasn't done fantastically well with the economy. But given the trajectory we were set on as at when he came in, he scores a good "B".