NgcoboP:
jumia must lose! I have ordered an item that is taking forever and untrackable... compared to konga who got my order to me which I placed after the jumia item... jumia is just too tacky

blueto:


Doltish trash.

But there is an even deeper reason for why Nigeria is experiencing this unprecedented economic recession and that is that even when President Buhari eventually came around to constituting his cabinet, he peopled it with individuals whose capacity to deliver the goods is at best suspect.

Let me elucidate this with a statement made by President Buhari’s minister of sports and broadcast on Channels television today Tuesday the 20th of September, 2016.Said Mr. Solomon Dalung, ‘the disabled athletes have shown that all you need is a winning mentality and not too much preparation.’

Can you imagine that coming from a minister and member of the federal executive council?

But why should we be surprised? Nigerians are witnesses to the utterances of the minister of information, the aptly named Lai Mohammed, who blamed any good thing that happened in Nigeria immediately after President Buhari’s inauguration not on any form of preparation but on the President’s ‘body language’.

Early rains fell in obeisance to the President’s body language. Barren women became fertile as a result of President Buhari’s miraculous powers of non verbal communication. All kinds of orishirishi were attributed to body language.

One wonders where the fabled ‘body language’ was when it came to fighting the recession.

The truth is that preparation, pure preparation (that word that Mr. Dalung and other operatives of this administration hate to hear) is the only thing that can increase the likelihood of success in any venture including governance. As it is commonly said ‘those who fail to plan, plan to fail’.

And the reason why Mr. Osinbajo and his co travelers will continue to shift blame from individual to individual is because they do not have the strength of character to accept responsibility for their actions.

At this juncture, it will be pertinent of me to remind Lai Mohammed of his words uttered on the 25th of May, 2014 when he said ‘a government that is unwilling to take any responsibility for anything, should not be counted upon.’ Right back at you Mr. Mohammed, right back at you!

President Buhari has to quickly learn that the more you blame others, the more power you surrender. The more you accept responsibility, the more power you take.

Early in 2015, Pastor Osinbajo called then President Jonathan’s administration a ‘visionless’ government. I would like to define the vision of change that Mr. Osinbajo and his boss promised us based on what we have seen so far.

Mr. Osinbajo’s vision for change is defined as a sports minister who believes athletes do not need training,a finance minister who thinks recession is just a word, a science and technology minister who aspires to produce pencils in two years,an information minister who wants to generate jobs via masquerade dressing, an interior minister who uses his security to publicly shine his shoes rather than secure the interior of his country, an agriculture minister who fights for land for cows instead of farmers, a labor minister who threatens banks with revocation of license when they retrench workers due to bad economy, a communications minister who wants us to pay 9% tax on calls, a transport minister who gives one President credit for a railway built by another President, an economic adviser who wants women to donate their jewelry to help government fight recession and a Presidential spokesman who believes critics are ‘wailers’ all led by a President who believes#ChangeBeginsWithMe not him, though he was the one who promised it!

fados4sure:
Change has finally come


PDP was a fraud why APC is a scam

la1:


correction @ Bolded ; JUMIA has never made a profit since inception in Nigeria, plus the article reflects a Pan African report of the parent company's financial position

blueto:


Doltish trash.

But there is an even deeper reason for why Nigeria is experiencing this unprecedented economic recession and that is that even when President Buhari eventually came around to constituting his cabinet, he peopled it with individuals whose capacity to deliver the goods is at best suspect.

Let me elucidate this with a statement made by President Buhari’s minister of sports and broadcast on Channels television today Tuesday the 20th of September, 2016.Said Mr. Solomon Dalung, ‘the disabled athletes have shown that all you need is a winning mentality and not too much preparation.’

Can you imagine that coming from a minister and member of the federal executive council?

But why should we be surprised? Nigerians are witnesses to the utterances of the minister of information, the aptly named Lai Mohammed, who blamed any good thing that happened in Nigeria immediately after President Buhari’s inauguration not on any form of preparation but on the President’s ‘body language’.

Early rains fell in obeisance to the President’s body language. Barren women became fertile as a result of President Buhari’s miraculous powers of non verbal communication. All kinds of orishirishi were attributed to body language.

One wonders where the fabled ‘body language’ was when it came to fighting the recession.

The truth is that preparation, pure preparation (that word that Mr. Dalung and other operatives of this administration hate to hear) is the only thing that can increase the likelihood of success in any venture including governance. As it is commonly said ‘those who fail to plan, plan to fail’.

And the reason why Mr. Osinbajo and his co travelers will continue to shift blame from individual to individual is because they do not have the strength of character to accept responsibility for their actions.

At this juncture, it will be pertinent of me to remind Lai Mohammed of his words uttered on the 25th of May, 2014 when he said ‘a government that is unwilling to take any responsibility for anything, should not be counted upon.’ Right back at you Mr. Mohammed, right back at you!

President Buhari has to quickly learn that the more you blame others, the more power you surrender. The more you accept responsibility, the more power you take.

Early in 2015, Pastor Osinbajo called then President Jonathan’s administration a ‘visionless’ government. I would like to define the vision of change that Mr. Osinbajo and his boss promised us based on what we have seen so far.

Mr. Osinbajo’s vision for change is defined as a sports minister who believes athletes do not need training,a finance minister who thinks recession is just a word, a science and technology minister who aspires to produce pencils in two years,an information minister who wants to generate jobs via masquerade dressing, an interior minister who uses his security to publicly shine his shoes rather than secure the interior of his country, an agriculture minister who fights for land for cows instead of farmers, a labor minister who threatens banks with revocation of license when they retrench workers due to bad economy, a communications minister who wants us to pay 9% tax on calls, a transport minister who gives one President credit for a railway built by another President, an economic adviser who wants women to donate their jewelry to help government fight recession and a Presidential spokesman who believes critics are ‘wailers’ all led by a President who believes#ChangeBeginsWithMe not him, though he was the one who promised it!

lyterydim:
Please am in south Africa and I haven't done the bank verification number ,I intend swifting money to the account...is there any disadvantaged

lyterydim:
Please am in south Africa and I haven't done the bank verification number ,I intend swifting money to the account...is there any disadvantaged

blueto:
Very silly, now I see that zombies brains are tacky. why do you think I projected that post? it was to accentuate the causes, not for the purpose of derailing. so you ought to have deduced that the 56% revenue fall of jumia, the usual fall of Guinness revenue, the 4.5m job loss, the contraction and so on are a result of the execrable policies of the certificateless cattle rearer

I hope the goofy zombies see that

eleojo23:


Please just shut up.

Doing GEJ's time in office, it was OK to blame the president for everything that went wrong but now in Buhari's time, it is no longer OK to blame the president. Rather we should blame the past president. What nonsense!

That is hypocrisy at it's finest and it stinks!

gab19:
the disadvantage is u can only pay in but can't withdraw.

Ijaya123:


All thanks to the clueless drunkard who brought us here with no provision for the future, after his family and cronies looted the country dry. You're now shouting recession, you're on a long thing. Keep shouting zombies, something that does not exist.

hUmaneOne:

The disadvantage is you,not being able to withdraw your money.but it's safe in the bank.
You can always send money to it

lyterydim:
that means the money will be safe even if I stay here for 5 yrs

blueto:
Read this www.nairaland.com/3328137/seven-buharis-actions-led-nigeria and ascertain how the certificateless and “fantastically corrupt” cattle rearer lead Nigeria into recession, just like he did during his first head of state tenor via a coup

I shouted that Nigeria already in recession in 2014, but was abused by those in power.

A former governor of Abia State, Dr. Orji Uzor Kalu, has disclosed that the current economic recession afflicting the country started two years ago, adding that when he drew attention to the development in 2014, he was abused by those in power at the time for pointing it out.
The recession of Nigeria’s economy was confirmed when the National Bureau of Statistics, NBS, issued a report claiming that the economy shrank by 2.06 percent in the second quarter of 2016, after the economy contracted by 0.36 percent in the first quarter of 2016.

The former governor, who spoke to newsmen at the weekend in Umuahia, the Abia state capital, where he was hosted by some prominent Umuahia indigenes, stated that the recession started back in 2014 when he said the Federal Government was borrowing money to pay civil servants.

According to him, “The recession started in 2014. It is just that Nigerians are biased. When I shouted in 2014 when Federal started borrowing money to pay civil servants and I said there was recession, they abused me, but I saw it coming because I am an employer of labour with over 9000 Nigerian workers, so I am an authority.

“I believe that President Buhari needs emergency laws to tackle the recession. The President has to design special law and send to the National Assembly to grant him emergency powers to tackle the economic recession because we have no two ways to go. We need to know that our belts should be tightened very well,” Kalu maintained.

He called for greater support f0r artisans who he said are presently the greatest force in the nation’s economy and for special attention and support for manufacturers.

“The moment the manufacturing sector attains full-capacity production, there will be less dependence on importation and this will shore up the value of the naira,” Kalu explained, even as he blamed the activities of Niger Delta militants for continued dwindling of the national revenue which led to a full-blown recession.

eleojo23:


Please just shut up.

Doing GEJ's time in office, it was OK to blame the president for everything that went wrong but now in Buhari's time, it is no longer OK to blame the president. Rather we should blame the past president. What nonsense!

That is hypocrisy at it's finest and it stinks!

Ijaya123:


Take your time to read this and see that the clueless, corrupt and Ineffectual Buffon of a drunkard led the country into recession.



http://dailypost.ng/2016/09/19/shouted-nigeria-already-recession-2014-abused-power-orji-kalu/?utm_source=snap_dp1&utm_medium=twitter

‘Buhari has Worsened Nigeria’s Economic Situation’ – APC Chieftain http://www.thisdaylive.com/index.php/2016/09/03/buhari-has-worsened-nigerias-economic-situation/

LastMumu:
No be person way get money go visit Jumia say him wan buy something? Last year wey money dey my hand wey recession never come, Na everyday I dey visit Jumia and Konga, this year I never visit their site once at all. Recession ti take over.

wontiboje:
Jumia, Rocket Internet's eCommerce group in Nigeria and Africa has just released its 2016 half year consolidated result showing the company recorded a net loss of EUR35.4 million within the period.

When compared to its net loss recorded in last year, the company has managed to reduce its loss by 19%. In the first half of 2015, the company recorded a net loss of EUR43.7 million.

Also on the topline, Jumia's revenue also fell by 56%. With the first half of this year, net revenue was EUR33.0 million compared to last year when it recorded EUR75.8 million f0r the first half of 2015.

Source: https://pageone.ng/2016/09/22/jumia-35-4-million-loss/

hUmaneOne:


Sure..

I don't trust naija banks tho.
Make sure you have your bank alerts and statements via e-mail .

lyterydim:
the email which I opened it with is blocked

blueto:
it appears that both you and that man needs some cognitive overhauling. Is borrowing to pay salaries known as recession?? I suggest you go check the dictionary and ascertain what recession means. there is different between a broke country and a country in recession, although the former precedes the latter, but the latter can be evaded if there is a good leadership.

Buhari is the total cause of the economic recession!

Nigeria was far better under PDP than this.

Obasanjo met a little ‘ $3.7’ in reserve with oil price in its lowest at 30dpb which signified Nigeria was broke and he was able to manage and keep the economy from recession.

Jonathan was able to ensure that the economy grow at over 4% every year GEJ was in power!

He ensured our economy overtook South Africa’s economy as Africa’s largest economy!

He ensured Naira was stable at ₦150-₦215 to $1 between .

He ensured EVERY state had at least one federal university!

He ensured virtually EVERY election INEC held under his administration was conclusive!

He ensured that civil servants were consistently paid as and when due

How can you say a man(GEJ) who kept inflation at single digit THROUGHOUT caused the recession that is as a result of Buhari's incompetence?

Even world bank and other reputable int'l organisations evaluated Jonathan's economic policies as topnotch.

I suggest you read this

Ijaya123:


If borrowing to pay salary is a sign of a strong economy, then I give up on your case. It is beyond redemption.