Of course Buhari has no blame at all, i am the one to be blamed & none else.

Ndi ala !

Please blame my great grandfathers for Nigeria woes for their wrong economic policies..

Hmmmmm......only people that know what he's saying will understand......but we Nigerians expected that PMB should maintain the economy status quo when Jonathan handed over to him; not crash it to an unbearable state. God help us sha

Kingzulex:
Then Who is to be Blame? Jose Mourinho?Then Who is to be Blame? Jose Mourinho?Then Who is to be Blame? Jose Mourinho?

Mayb louis van gaal

kahal29:
PRESS RELEASE

I’m compelled to say a few words on the attempt by some people to apportion blame on President Muhammadu Buhari on the state of the economy and also share my view on the call by Senator Dino Malaye on the President to sack some ministers and Central Bank Governor as the solution to the problem.

As a former Chairman of the House Committee on Finance, and until recently Appropriation, I am in a good position to contribute and proffer solutions to the problem.

Let me state very categorically that the President is not to blame on the state of our economy today. It is unfair and very wicked to push such blame on a man who just came on board barely a year ago. Not even a magician can turn around the economy within a period of one year. The biggest spending in our economy, that is the budget, hasn’t even run a full course of one year. Yet, some people want to crucify President Buhari. Haba! Let’s face reality!

[b]We all know how badly oil price has gone, a situation that adversely affected our foreign reserves and mounted pressure on the naira. No matter what approach we adopt to manage and deal with the situation, recovery will be slow. It is not President Buhari’s fault. Everyone seems to forget when the whole country was supporting more spending as against saving. But here we are today, soaked in the rainy day. President Buhari should not be used as anybody’s scape goat!

The recurrent expenditure, which has escalated and constituted a huge burden on our yearly budget rose from N950.32billion in 2006 to N1.372.20 trillion in 2008 and N2.593.62 trillion in 2015. This was not created by President Buhari.

Similarly, the total cash call (oil production cost) which rose from about N200 billion in 2006 to about N1.2 trillion in 2015 was not a creation of President Buhari. The cash call has remained another tale of burden on our yearly budget. Statutory transfers including that of the NASS are not left behind. Statutory transfers rose from just about N100 billion in 2006 to N375.62 billion in 2015. President Buhari was not the President then.

Debt servicing also rose from about N300 billion in 2006 to N953.62 billion in 2015. These expenditures have over the years constrained the budget and made it difficult to channel sufficient funds towards productive sectors that can sufficiently grow the economy. Domestic borrowing also skyrocketed during this period and created devastating consequences on the economy.

Government at that time continued to mop up money from commercial banks at a rate considered one of the highest in the world, while the real sector is left with nothing. And even when they were able to access funds, it came with an unbearable interest rate. President Buhari met this situation on ground. He did not create it, but is doing his very best to take us out of the economic quagmire. We should all support him.[/b]

On the call by Sen. Melaye on Mr. President to sack some ministers, I disagree with that proposition. Nigerians are of the habit of asking for the sack or removal of public officers, often for sentimental reasons, envy or simply for an opportunity to join the fray. In my assessment, I have not seen any member of the President’s cabinet today — from SGF, HOS to ministers — that is not good enough to hold the office. At worse, the President may wish to reshuffle a couple of or more ministers based on their strength and weaknesses for better service delivery.

A minister doesn’t have to know everything. A minister has an ample latitude to draw knowledge from the MDAs staff or within the larger society to achieve result in his ministry. I believe that most of the present cabinet ministers can source information or knowledge from these reservoir when the need arises. I have worked very closely with most of them and I am convinced that they have proved their mettle despite managing a very difficult situation that they did not create.

I am sure nobody can question the competence of Udoma Udoma. Finance Minister Kemi Adeosun is also doing her best, and having worked with her, I am convinced she has all it takes to turn around the economy. The Central Bank Governor is managing the most challenging period the apex bank has ever witnessed. I think the president has worked with this team for about a year. His cabinet team understands him better and vice-versa.

I believe if they stay focused and refuse to be distracted, we shall soon start seeing the dividends. The President must not fall for the trap of people trying to distort the progress made so far. Whoever he appoints again, the call for sack will never stop.Â

I am therefore calling on my colleague, brother and friend, Senator Dino Malaye that we should rather look inward and address our own contribution to this problem as lawmakers. We can start by addressing the budget and other monumental fraud under the watch of Speaker Yakubu Dogara, a systemic corruption that affected and continued to derail the economy of our dear country. That is the appropriate place to start. Remember, charity begins at home!Â

Hon Abdulmumin Jibrin
APC-Kano
Kiru-Bebeji Federal Constituency
Kano


http://newswirengr.com/2016/09/05/buhari-not-to-blame-on-nigerias-economic-woes-abdulmumin-jibrin-tackles-dino-melaye/?utm_source=&utm_medium=twitter#

this so-called Abdul-mumuna has come a gain. who told him that we care to listen to his contribution? all we know is DAT he is a thief and should be ashamed of himself. non-sense!

ADAMUdaCOWBOY:
In Nigeria we don't talk about cause, we only talk about effect. The average Nigerian does not have an analytical mind. If today the price of oil experiences a sudden up surge and buhari starts to spend wantonly, he will be a hero, even if no refinery is built, we will celebrate. If he opens our boarders so that rice floods in from Thailand to the benefit of Thailand and to the detriment of local farmers, we will celebrate. Well, Nigeria needs tough times like this to wake up, we need it for local factories and manufacturing industries to be birthed and thrive. I hope we learn in the end though, because I know how impervious we can sometimes be to wise instruction.

brother can I copy ur post. I love it. It's deep. Please respond asap

Today, i choose life.

Buhari is the president, he is to blame and if he is not up to the job resign!!!

Read facts.

Lazy brains.

They read the headline and hit reply.

When Obasanjo said let us have excess crude oil account for a crazy time like this, they condemned it and spent the money.

yes dont blame buhari, blame the 97%ters. Jibrin saying this so as to get soft landing over the paddy paddy budget.

waice6571:
Is this not the same guy who came out publicly to tell us of invovlvement in budget Padding hullabaloo?

Just because we are unfortunate to have APC in the power house. I feel in a sanner clime these guy will be sharing quarters with Thomas Jefferson.

Do u even care to read d content

please like if buhari is to be blame, and share it was gej..

Den who is to blame,,,is dis how de price of everytin be during jonal region?

The problem Nigeria as a country have is uneduCatEd politicians,How can a reasonable perSon at this. Point tell us not to blame the president. What if things went thE way they thought who will be praised?

ADAMUdaCOWBOY:
In Nigeria we don't talk about cause, we only talk about effect. The average Nigerian does not have an analytical mind. If today the price of oil experiences a sudden up surge and buhari starts to spend wantonly, he will be a hero, even if no refinery is built, we will celebrate. If he opens our boarders so that rice floods in from Thailand to the benefit of Thailand and to the detriment of local farmers, we will celebrate. Well, Nigeria needs tough times like this to wake up, we need it for local factories and manufacturing industries to be birthed and thrive. I hope we learn in the end though, because I know how impervious we can sometimes be to wise instruction.

i love this mehn!articulate,apt,insightful,a very matured piece,devoid of any political affiliation,did not in anyway toll d line of tribal and ethnic sentiment that is often on display here.we REAP WHAT WE SOWED!it was only a matter of time before this would start happenin.thumbs up!i so luv ur piece.keep on been objective and lets be hopeful.

100% blame goes to Buhari, all in the name of fighting corruption, he destroyed good policies. They were using the economy as guess work. I don't want to write a long epistle but this current administration was not ready for governance. If Obama didn't act fast, America wouldn't have gone out of the recession, might have regressed to depression ( that's where we are headed) . It's just like my bedroom is on fire, if I don't act swiftly, the whoie house will burn, that's Nigeria's case for you.

Jubril has a lot of reasond to suck up to the president. He knows doing otherwise is a sure invitation by the EFCC.
Any statement from him is as tainted as his budget padding escapade.

eleojo23:
Of course he will not blame Buhari because doing so would mean admitting his regret for voting in this clueless government.

Just like some high ranking members of the Zombie kingdom on Nairaland.

Their pride won't let them admit it.

When an illiterate speaks, just comment by

SORRY IF YOU FEEL I'M LAUGHING AT YOU, ITS NOT YOUR FAULT. IT's OUR EDUCATIONAL SYSTEM

moshmusth:
To Think that this i-diot is not behind bar is quite a dash on the so called ati-corruption crusade.. i beg to differ that His Emperor, Th self presented Merlin of Nigeria political solution has suddenly found himself in the shadow of his own presentation..

Gone are the Good old days of SLS and NOI forming good economic team compare to half baked Adeosun and Omo-Efele.. quote me make Sopona Visit you

brotherly. Me self i vex pass you. But still you sense reason watin jubrin talk. Humans are supposed to be rational.

ADAMUdaCOWBOY:
In Nigeria we don't talk about cause, we only talk about effect. The average Nigerian does not have an analytical mind. If today the price of oil experiences a sudden up surge and buhari starts to spend wantonly, he will be a hero, even if no refinery is built, we will celebrate. If he opens our boarders so that rice floods in from Thailand to the benefit of Thailand and to the detriment of local farmers, we will celebrate. Well, Nigeria needs tough times like this to wake up, we need it for local factories and manufacturing industries to be birthed and thrive. I hope we learn in the end though, because I know how impervious we can sometimes be to wise instruction.

Your write-up is more intelligent than your moniker... Nice one

kaen1317:
Somebody is looking for soft landing

u are among d problem we are having!

GoldenJAT:
mumu..go bk 2 skuu

hahahahahaha professor, oya coman tish me ode, busy body dey wori u

patrickdaniel:
this so-called Abdul-mumuna has come a gain. who told him that we care to listen to his contribution? all we know is DAT he is a thief and should be ashamed of himself. non-sense!

leave d messenger and assimilate d message.

This man is right Buhari is not to blame let us blame Osama bin laden cos he is the president.... Rubbish talk!

Every reasonable knows this. Only dumb flattinos from the erosion ravaged enclave would disagree. Same people who applauded 16 years of unprecedented looting of the treasury never seen before have the temerity to hinge the ailing economy on Buhari and Adeosun while praising the over-hyped, fat, frog looking ineffectual voodoo economist to high heaven under whose watch corruption reached a crescendo.

of course..it is those people that voted an illiterate old man to the presidency in this 21st century that are to be blamed...

kahal29:
PRESS RELEASE

I’m compelled to say a few words on the attempt by some people to apportion blame on President Muhammadu Buhari on the state of the economy and also share my view on the call by Senator Dino Malaye on the President to sack some ministers and Central Bank Governor as the solution to the problem.

As a former Chairman of the House Committee on Finance, and until recently Appropriation, I am in a good position to contribute and proffer solutions to the problem.

Let me state very categorically that the President is not to blame on the state of our economy today. It is unfair and very wicked to push such blame on a man who just came on board barely a year ago. Not even a magician can turn around the economy within a period of one year. The biggest spending in our economy, that is the budget, hasn’t even run a full course of one year. Yet, some people want to crucify President Buhari. Haba! Let’s face reality!

[b]We all know how badly oil price has gone, a situation that adversely affected our foreign reserves and mounted pressure on the naira. No matter what approach we adopt to manage and deal with the situation, recovery will be slow. It is not President Buhari’s fault. Everyone seems to forget when the whole country was supporting more spending as against saving. But here we are today, soaked in the rainy day. President Buhari should not be used as anybody’s scape goat!

The recurrent expenditure, which has escalated and constituted a huge burden on our yearly budget rose from N950.32billion in 2006 to N1.372.20 trillion in 2008 and N2.593.62 trillion in 2015. This was not created by President Buhari.

Similarly, the total cash call (oil production cost) which rose from about N200 billion in 2006 to about N1.2 trillion in 2015 was not a creation of President Buhari. The cash call has remained another tale of burden on our yearly budget. Statutory transfers including that of the NASS are not left behind. Statutory transfers rose from just about N100 billion in 2006 to N375.62 billion in 2015. President Buhari was not the President then.

Debt servicing also rose from about N300 billion in 2006 to N953.62 billion in 2015. These expenditures have over the years constrained the budget and made it difficult to channel sufficient funds towards productive sectors that can sufficiently grow the economy. Domestic borrowing also skyrocketed during this period and created devastating consequences on the economy.

Government at that time continued to mop up money from commercial banks at a rate considered one of the highest in the world, while the real sector is left with nothing. And even when they were able to access funds, it came with an unbearable interest rate. President Buhari met this situation on ground. He did not create it, but is doing his very best to take us out of the economic quagmire. We should all support him.[/b]

On the call by Sen. Melaye on Mr. President to sack some ministers, I disagree with that proposition. Nigerians are of the habit of asking for the sack or removal of public officers, often for sentimental reasons, envy or simply for an opportunity to join the fray. In my assessment, I have not seen any member of the President’s cabinet today — from SGF, HOS to ministers — that is not good enough to hold the office. At worse, the President may wish to reshuffle a couple of or more ministers based on their strength and weaknesses for better service delivery.

A minister doesn’t have to know everything. A minister has an ample latitude to draw knowledge from the MDAs staff or within the larger society to achieve result in his ministry. I believe that most of the present cabinet ministers can source information or knowledge from these reservoir when the need arises. I have worked very closely with most of them and I am convinced that they have proved their mettle despite managing a very difficult situation that they did not create.

I am sure nobody can question the competence of Udoma Udoma. Finance Minister Kemi Adeosun is also doing her best, and having worked with her, I am convinced she has all it takes to turn around the economy. The Central Bank Governor is managing the most challenging period the apex bank has ever witnessed. I think the president has worked with this team for about a year. His cabinet team understands him better and vice-versa.

I believe if they stay focused and refuse to be distracted, we shall soon start seeing the dividends. The President must not fall for the trap of people trying to distort the progress made so far. Whoever he appoints again, the call for sack will never stop.Â

I am therefore calling on my colleague, brother and friend, Senator Dino Malaye that we should rather look inward and address our own contribution to this problem as lawmakers. We can start by addressing the budget and other monumental fraud under the watch of Speaker Yakubu Dogara, a systemic corruption that affected and continued to derail the economy of our dear country. That is the appropriate place to start. Remember, charity begins at home!Â

Hon Abdulmumin Jibrin
APC-Kano
Kiru-Bebeji Federal Constituency
Kano


http://newswirengr.com/2016/09/05/buhari-not-to-blame-on-nigerias-economic-woes-abdulmumin-jibrin-tackles-dino-melaye/?utm_source=&utm_medium=twitter#

Somethings wen madness start it will be like joke....Abdulmini is mad o....so blame me

GoldenJAT:
u are among d problem we are having!

and you must be the solution that isn't working which makes u a bigger problem

patrickdaniel:
this so-called Abdul-mumuna has come a gain. who told him that we care to listen to his contribution? all we know is DAT he is a thief and should be ashamed of himself. non-sense!

How did you scale through Primary 6? because I know even dullards don't use expo to pass Common Entrance exams.

Standing5:
You don't have to post when the topic is beyond your mental capacity.

All they come here to do is to check the names in Topics and start raining abuses.They lack the required IQ to read further and understand the writers message.Someone is explaining the real causes of the present situation of the economy with solid facts and figures that are even suppose to enlighten whoever cares but name checkers are never interested in that.All other oil dependent nations have saved for this sudden drop in oil price but here we are,STEALING IS NOT CORRUPTION.

adeyak83:
Some rush to comment without reading the content...you can do better sha.

UP TILL NOW YOU DON'T IT THAT WHENEVER A DESTRUCTIVE OPENS HIS MOUTH NOT GOOD WILL SURELY COMES, AS FAR AS APC IS CONCERN, NOT GOOD WILL COME OUT OF NAZARETH!