It might not be voodoo economics but it is not inspiring either.

Satanic change

OXFORD DICTIONARY: New word inclusion. BUHARI /bu:-a-ri:/ Noun: buhari 1. hard, hardship, difficult, harsh, tough; e.g "The economy is now buhari for the masses" Synonyms: onerous, strenuous, arduous grueling, painful, hellish; Antonyms: easy, smooth, simple. Verb: buharify, buharicate, buharification; 2. to make complex, worse, unbearable; e.g "Please don't come and buharicate issues here" "The only way to reduce applicants is to buharify the process" Synonyms: complicate, exacerbate, degenerate; Antonyms: simplify, ameliorate. Adjective: buharific 3. terrible, hectic, difficult; Synonyms: tough, back-breaking, intricate, knotty, thorny; Antonyms: fantastic, splendid, pleasant. e.g "How were your final exams? It was buharific!!!"

Standing5:
Tell them. PDP kept subsidizing dollar to discourage exporters of other commodities who earn in dollars before converting it.
Today there isn't excess dollar to support dollar subsidy and same PDP are trying to use it against those cleaning their mess. I can't wait to see the 2017 budget being funded wholly by PDP returned loot. It will nail the shameless clique.

I trust the money they paid u to always say rubbish will soon finish and u wil join d waillers again... Let keep blaming d past govt cus as they kip doing that, tins kip getting worse.... When he(buhari) was promising 300000 in a year did he notice that it wil b difficult since d govt was not saving 4 d rainy days? Rubbish and clueless set of pple. We just notice that d APC top leaders hv given money to some pple 2 always standby to coment on their post in favor of d part. So bro we are aware of all that

Standing5:
Tell them. PDP kept subsidizing dollar to discourage exporters of other commodities who earn in dollars before converting it.
Today there isn't excess dollar to support dollar subsidy and same PDP are trying to use it against those cleaning their mess. I can't wait to see the 2017 budget being funded wholly by PDP returned loot. It will nail the shameless clique.

Your zombiesm is really epic.

The fact of it all is that this government is confused and they actually do not know what to do next

Beress:
Buhari u don fail us

This was obvious from the outset. Only bigoted fellas failed to see this.

Standing5:
I get the new PDP strategy. Just keep druming Buhari name. It won't work. Nigerians know who got excess but didn't do nothing. They know who stole arms fund to sponsor a documentary saying Buhari is bad n corrupt. They know who is sponsoring pipeline vandals.

Bu the question still remains what is the current government doing right now. What actions are they taking to improve the economy? PDP is no longer in power, APC is in power. Will they continue blaming the past for the whole 4-year tenure?! That has become stale now.

obainosis4real:
I trust the money they paid u to always say rubbish will soon finish and u wil join d waillers again... Let keep blaming d past govt cus as they kip doing that, tins kip getting worse.... When he(buhari) was promising 300000 in a year did he notice that it wil b difficult since d govt was not saving 4 d rainy days? Rubbish and clueless set of pple. We just notice that d APC top leaders hv given money to some pple 2 always standby to coment on their post in favor of d part. So bro we are aware of all that

It is very easy now to see those who are being paid by this government to defend them online, the good thing though is people can see through all that charade now.

So he didn't know before he started soothsaying.
Meanwhile, vote for queen_omalicha01 as AdaIgbo of UNILAG....... https:// www.instagram.com/p/BJxc1P3hx7T/

AfroKnight:
This administration was built on the rotten foundation laid by the PDP. That is the plain truth. We shall judge the APC when the next election comes, the same way PDP was weighed and judged.

They rejoice when militants destroy pipelines and wonder why the economy is affected. If PDP using the police, army and militants to rig votes, could lose to APC then it goes without saying that the PDP failed Nigerians. We have not forgotten when telecom companies were shutting down masts and media stations suspending operations.

The past administration survived on bribes and voodoo economics, churning out strange statistics depicting growth but living with harsh realities. The veil has been removed now and the rot exposed. This recession is inevitable once the props of corruption are knocked off one at a time.

Living in a fool's paradise is a choice. Obama and Hollande was elected in the face of austerity today they aren't depression anymore in US and France respectively.
Instant we keep hearing blames, instant of strategy towards rebounding. Whatever PDP was doing to keep the nation floating cannot be compared to APC depression led state.

Standing5:
I get the new PDP strategy. Just keep druming Buhari name. It won't work. Nigerians know who got excess but didn't do nothing. They know who stole arms fund to sponsor a documentary saying Buhari is bad n corrupt. They know who is sponsoring pipeline vandals.

And who are the "Nigerians"
Sleep, wake, brush your teeth(if necessary) log into nairaland and spew gibberish in defense of mediocrity; you are living a very pathetic life.

Standing5:
I get the new PDP strategy. Just keep druming Buhari name. It won't work. Nigerians know who got excess but didn't do nothing. They know who stole arms fund to sponsor a documentary saying Buhari is bad n corrupt. They know who is sponsoring pipeline vandals.

bro we know u and is obvious dat d money or d job they gave u is still intoxicating u so kip it on, u are representing them well. Selfish human being like u.... U alone cannot be said 2 be nigerians cus u are d only one in dis thread commenting and quoting nonsense...

*Kept munching popcorn & sipping Hollanda juice while watching the economic wonders of this abracadabra APC government* Lalasticlala are you still there?

Dis APC ppl and d morons blaming PDP day-in day-out are really shameless. How can u justify blaming d PDP for what d nation is going thru ryt now while a gud number of d party are all former PDP stalwarts? Oh I forgot GEJ is still to blame ryt? Even though d govt has shown total cluelessness especially in it's handling of d falling naira ; creating an artificial scar by leaving d forex trade in d hands of some of dem dem and as such leading to banks hoarding wateva dey had and equally driving up d price of d dollar to d naira. Na today Oil price don fall dis low? Na today naija don dey import almost everything including Oil products? Since d govt has been drumming and hammering on diversifying d economy, what policies or strides have dey made so far towards dat effect? Diversify d economy abi but billions of dollars dey don't have is being spent in oil prospecting in d North ryt? D pharisees would really b jealous at d hypocrisy being displayed by most of U and d govt.

jerryunit48:
Oohhhh God ! When will they just stop referring to the past administration and start working?

The past has everything to do with d present.. so it can't be forgotten.. even in business past record is vital for future success.

obainosis4real:
bro we know u and is obvious dat d money or d job they gave u is still intoxicating u so kip it on, u are representing them well. Selfish human being like u.... U alone cannot be said 2 be nigerians cus u are d only one in dis thread commenting and quoting nonsense...

he is not d only one. it is high time you faced reality and give up hate.

Yehman:
Hmmmm!
But we are not asking APC to fulfil their unfeasible campaign promises. Just put food on our table, that's all

I love this quote...

Ive listed GEJs campaign promises below, you can cross out the ones he acheived


Infrastructural development
To revive the rail system in the country
To complete Lagos to Jebba rail project
To intervene and revitalize the moribund Nigeria Machine Tools and other infrastructure owned by the federal government.
Government has budgeted N50b for job development and infrastructure
To modernize the ports
To complete the second River Niger bridge before the expiration of the tenure
To make the Minister of Works to immediately start repairs of the road leading to Murtala Mohammed International Airport
To transform all major routes in Damaturu to federal roads
To assist in resuscitating all the collapsed industries in Kano state
To work towards making Akanu Ibiam airport in Enugu an international airport
To seek alternative funding means to repair the Benin-Ore road.
To set up a committee to review Federal government landed properties in Lagos, hand over those that should and retain those that should be in possession of the Federal Government.
To give Sokoto-Kotangora road unfettered attention
Power
To deliver stable, constant supply of electricity
To provide stable power supply by the year 2015 so that small and medium scale industries can thrive again.
To ensure that Nigerians do not use generators more than two times in a week
To explore the coal deposits in Benue and Kogi states for improved power supply
To construct more dams to build more hydro-power stations.
To reduce the importation of generators at least 90 percent in the next four years.
To raise power generation to about 4,747 megawatts by December 2011
To put an end to epileptic power supply in the country just as fuel queues at petrol stations were ended
Economy
To work with the private sector and all the relevant agencies to stimulate industrial growth”
To introduce 5-year term budgeting
To diversify the economy
To strive to revive the Ajaokuta Steel complex and Itakpe Iron ore company
To address the issues of unemployment through diversification of the nation’s economy to that of sustainable agricultural development across the 36 states of federation
To reduce production cost by inviting manufacturers of high demand commodities in the country to set up production factories in the country
To get industries in Lagos up and running, also bring industries to the Niger Delta
To in the next 2 years create 1.5 million jobs
To transform the economy within four years
To constitute a special committee drawing experts from the MAN, NACCIMA and related bodies as well as key government officials to deliberate regularly on policies that will improve the nation’s economy; committee to be coordinated by the chief economic adviser to the President.
To review importation rules and regulations to encourage local manufacturers
To create wealth through the transformation of the economy by intervening in several areas
To revitalise all the Federal government properties that have been abandoned in Lagos State, through privatisation in conjunction with the state government.
To have a deliberate policy to create jobs by funding SMEs
To create an enabling environment for the transformation of the country through the creation of job opportunities for youth and empowerment of the women
To deliver Nigeria from poverty, promote agriculture, create employment, create wealth, work on irrigation farming to provide food
Energy & Gas
To facilitate the Petroleum Industry Law with emphasis on local content such that jobs are created for Nigerians.
To construct 2 world scale petrochemical plants, 2 fertilizer plants and 2 fertilizer blending plants.
To make investment under the gas-driven economic roadmap result in foreign direct investment of about $10 billion over the next three years.
To establish petrochemical plant around Koko Free Trade Zone in Delta State
To build a $3 billion central gas processing facility by 2012 to be sited in Obiaruku Delta State.
To attract $25 billion worth of investment into developing the country’s gas infrastructure
To in four years, make Nigeria go beyond producing and exporting crude oil to exporting refined petroleum products because Nigeria has no reason to keep importing kerosene
To create 600,000 new jobs in the gas industry
To boost gas supply from 1.0 billion cubic feet per day to 10 billion cubic feet by the year 2020.
To invest in petrol chemicals, mining, research and development
Security
To make anyone caught breaching the public peace to face the full wrath of the law.
To make sure that no part of the country is allowed to be a sanctuary for criminals anymore be they armed robbers or kidnappers
To make a complete transformation of national security architecture
To confront headlong ethno-religious violence in the country
To ensure there is no sacred cow in the fight against corruption; all crimes will be investigated as security is key.
Not to interfere with corruption cases
To strengthen EFCC and ICPC to fight crime
To eradicate kidnappings impeding entrepreneurship in Eastern Zone
To pursue all bombers and terrorists
To adopt modern method to tackle the problem of political violence
Agriculture
To boost agriculture through irrigation and maximizing vast mineral resources in the country
To revive the marketing boards to ensure that farmers are no longer cheated on the sales of their farm products and produce while more silos would be built to help farmers preserve their products
To provide farmers with information on agricultural production and move towards mechanized agriculture.
To make each state to specialize in two crops; cash and local crop
Has earmarked some money to revitalize ailing industries and give loans to framers
To emback on irrigation project to boost production; to start two projects in Kwara State
To boost farming activities by providing power and water
Education
To establish at least one Federal University in each state of the federation by the end of 2012
To improve on hostel facilities across the nation
To revamp Almajiri system of education
To work towards improving the education sector as a prelude to transforming economy and as means of empowering the people
To improve on teaching and learning environment while the new universities are structured
To make every Nigerian of school age to have access to education
Women
To give 35% of political appointments at both ministerial and ambassadorial levels to women
Water Resources
To re-build Ilesa water scheme
To complete Ife/Ijesa dam
To provide sufficient water to the people of Taraba;
the design work for Mambilla dam has been completed To make dam resuscitation to result in Agric boom, reduce poverty in Taraba state
Mineral Resources
To ensure that Hydro carbon deposits in some parts of the North are fully exploited
To revamp mining activities in Jos, Plateau State
To make solid mineral key revenue source in Nigeria
National Question
To not discriminate based on ethnicity or religion
To run an all inclusive government without discrimination
To conduct a free and fair election
To run an open government
To stand for national unity and wealth creation
To make Nigeria a single indivisible entity and bring development to every part of the country
To compensate communities affected by dam construction in Niger state
To fight corruption regardless of the position of the person involved”
To commit to politics without bitterness.
To build a new economy that is strong and dynamic and underpinned by a patriotic work ethic’; to run a government that is committed to fairness, equity and justice for all.
Reforms
To reform and ensure that the Customs conform to global practices
To facilitate a bill to National Assembly to give constitutional backing to traditional rulers as custodians of the traditions and customs of the people
To make the new tax policy to address the multiple taxation and related issues and make it become a thing of the past
To lead by example; strengthen the anti-graft agencies, not interfere and give free hand on all matters of investigation against any government official.
To build a new economy that is strong and dynamic and underpinned by a patriotic work ethic’.
To continue to run a government that is committed to fairness, equity and justice for all.
Niger Delta
To put in place a four-year development plan for the Niger Delta region that will create coastal roads, railways and mechanised agriculture and look for ways of exporting our produce; set up committees on their execution.
To work together with the Cross River State Government to make sure Tinapa is vibrant and productive.
To ensure that the National Boundary Development Agencies are funded to tackle the challenges that arose out of the ceding of Bakassi to Cameroun
To bring investors to establish petrochemical industries in Niger Delta

The problem is you can know the destination but not the route to get there. You can identify a problem but not know how to go about solving it. Does buhari really understand how to solve Nigerian economy problems? I doubt. From the abundance of heart a man speaks; his utterances since assumed power has never portrayed him to know what to do. It's one of the reason investors have refused to come. No rational person will entrust his wealth to an incompetent leader. His utterances, his body language are counter-productive.

F.ools deceiving f.ools!

Standing5:
I get the new PDP strategy. Just keep druming Buhari name. It won't work. Nigerians know who got excess but didn't do nothing. They know who stole arms fund to sponsor a documentary saying Buhari is bad n corrupt. They know who is sponsoring pipeline vandals.

My guy shutup there n stop been a zombie! Answer this question correctly, how many PDP members (theifs) are been protected by this scam of a govt

Note: I don't belong to either party....before u start screaming of deprivation

Yehman:
Hmmmm!
But we are not asking APC to fulfil their unfeasible campaign promises. Just put food on our table, that's all

I love this quote...

If you are too lazy to work and out food on your table, Then that's your problem.

yarimo:
Mr BADARU you are , the suffering we are suffering today is because of recklessness of past administrations. But Remember 96 percent of your party chieftain are beneficiary and part of past administrations.

Stop this your nonsense of people from the past administration, Haven't you steal from you parents before? are you still stealing today? I believe you might have done something worst in the past and today you belong to the good books should we use your ways of past to judge you? Yes most of people in APC are in the PDP in the past but under whose watch? Why are are they not continuing their old ways under this Govt and see how they will be deal with.

yarimo:
Mr BADARU you are , the suffering we are suffering today is because of recklessness of past administrations. But Remember 96 percent of your party chieftain are beneficiary and part of past administrations.

please open their eyes for me.

Yehman:
Hmmmm!
But we are not asking APC to fulfil their unfeasible campaign promises. Just put food on our table, that's all

I love this quote...

PDP has depleted all d food banks.APC has just started to plough again,plant seeds and u will need to wait for it to germinate to maturity b4 it can be ready on ur table.

Standing5:
I get the new PDP strategy. Just keep druming Buhari name. It won't work. Nigerians know who got excess but didn't do nothing. They know who stole arms fund to sponsor a documentary saying Buhari is bad n corrupt. They know who is sponsoring pipeline vandals.

You are still defending this failure

APC and Buhari government are confused,i wonder how some one will since 1999 want to be president and on getting to be president lacks the intelligence and knowledge to pilot the affairs of the country.Its a shame

Yehman:
Hmmmm!
But we are not asking APC to fulfil their unfeasible campaign promises. Just put food on our table, that's all

I love this quote...

I pity you. You have not removed your mouth from Jonathan 's yansh. You better get your mind off mediocrity and emancipate yourself. The way you start is admitting the truth no matter how bitter.
That man was Nigeria's worst President. Even his wife knew it that was why she took 'charge' during Chibok problem. Under Jonathan, Nigeria WASTED every opportunity. In his last months ships carrying rice and palm oil were coming into Nigeria. Palm Oil !!!!
Obj spent 12 billion dollars on power and Jonathan added another 8 billion dollars. Between them they generated 5000 MW of gas fired power which his under emancipated tribalism cursed brothers are still undermining.
All refinery projects during Jonathan were sabotaged because his unpatriotic Ibo masters and his Ibo women supervisors had to keep importing fuel .
The idiot went back home and admitted that he did not do anything for his people and the perpetually drunk excuse of human beings took him back.

With Jonathan . It is clear. Look at his face. That is what failure looks like.

According to PDP, the Buhari-led administration is just paying lip service to the issue of diversification of the economy. The party said this while reacting to a recent comment by the Minister of Finance, Kemi Adeosun, that the only way Nigeria can get out of this present economic recession is to diversify the economy and also maintain fiscal discipline. Read the party's statement signed by its Director, New Media, Deji Adeyanju, after the cut...


"Yesterday, the Minister of Finance, Mrs. Kemi Adeosun, stated that the Muhammadu Buhari administration will focus on two policies to remove Nigeria from recession- fiscal discipline & diversification. Firstly, we believe a recession is not reversed by diversification. A recession is reversed by implementing a stimulus package designed to cut taxes, reduce the cost of doing business & boost spending on infrastructure & other critical sectors of the economy. Available data shows that the Buhari administration has spent a meagre 19% of the allocation for CAPEX in #Budget2016. This sort of spending will not make any sort of impact on the economy. Assuming but not conceding that Mrs Adeosun is right, the challenge is the past 15 months show that despite the glib talk the Buhari administration is doing neither. For instance, despite claims of weeding out ghost workers from the payroll & reducing the civil service wage bill, Nigeria’s wage bill increased from N1.65tr in 2014 to N1.83tr and N1.71tr in 2015 & 2016 respectively. These figures represent a combined total increase of N240bn from the wage bill in 2014. Two days ago, the Central Bank of Nigeria (CBN) released its economic report for Q2 2016 which showed that the FG incurred a N1.09tr deficit for the quarter. This deficit was 96% higher than the N555.49b allowed. Total expenditure for this period stood at N1.76 trillion, surpassing the provisional quarterly budget estimate by 12.8%, representing a 58.1% increase of the Q1 expenditure.

These figures show an abject lack of fiscal discipline in the management of the Nation’s finances by the Buhari administration. On diversification, GDP figures released by the Nigerian Bureau of Statistics (NBS) yesterday show that the Buhari administration is doing significant harm to non-oil sectors of the economy. Some of those figures include: Non oil GDP contracted by -0.38% in Q2 2016 from -0.18% in Q1 2016 and 3.46% in Q2 2015. Furthermore, CBN figures show that non-oil export fell by 43.2% to $576.97m in Q2 2016. As the data shows, even sectors that experienced growth in Q2 have slowed considerably compared to Q1 2016 & Q2 2015. As these figures show, the Buhari administration is just paying lip service to the issue of diversification & is in fact worsening the non-oil sectors of the economy. These figures also show that Mrs. Adeosun’s comments about fiscal discipline & diversification are empty rhetoric. We reiterate our position that this government is out of depth & is incapable of reversing the economic recession into which they have plunged our nation. God bless Nigeria, especially in these difficult times.

Posted by Linda Ikeji at 12:26 PM
20 comments:

vinna saviour said...

It's very true jare
September 2, 2016 at 12:29 PM
Grace n Truth said...

Professional criticisms by PDP without name calling. APC can learn how to debate facts and stop all their childish name calling. If both parties can learn to do that, that is debate facts Nigeria will survive.
September 2, 2016 at 12:32 PM
livingstone chibuike said...

Keep running us down
September 2, 2016 at 12:32 PM
freeborn bamislam suani ahmad bamislam said...

Thank u pdp.
Well spoken pdp even thou that u people are the same.
TERRORIST BUHARI AND ALL HIS PRIMARY 1 CLASS MATE IN ASO ROCK DON'T EVEN UNDERSTAND THE WORD RECESSION TELL ME HOW THE WILL SOLVE IT HUH?
Nigeria economy will remain like this till this man that think that to rule is by forming boko harams will leave aso rock.
BRING BACK OUR HEAVENLY CORRUPTION ILLITERATE MAN AN TAKE BACK UR SATANIC ISLAMIC CHANGE OF HELL OO

Kikikiki I can really see how the government is dealing with BUDGET PADDING issue

bashydemy1:
Stop this your nonsense of people from the past administration, Haven't you steal from you parents before? are you still stealing today? I believe you might have done something worst in the past and today you belong to the good books should we use your ways of past to judge you? Yes most of people in APC are in the PDP in the past but under whose watch? Why are are they not continuing their old ways under this Govt and see how they will be deal with.

Standing5:
Tell them. PDP kept subsidizing dollar to discourage exporters of other commodities who earn in dollars before converting it.
Today there isn't excess dollar to support dollar subsidy and same PDP are trying to use it against those cleaning their mess. I can't wait to see the 2017 budget being funded wholly by PDP returned loot. It will nail the shameless clique.

So u are expecting under 100bn to fund another yeye padding budget abi? When will u wake up and know that buhari/apc are a disaster to nigeria. Till they exit na suffering get naija!!!!

Standing5:
I get the new PDP strategy. Just keep druming Buhari name. It won't work. Nigerians know who got excess but didn't do nothing. They know who stole arms fund to sponsor a documentary saying Buhari is bad n corrupt. They know who is sponsoring pipeline vandals.

Then who sponsored boko haram and the missing chibok?