Nigerians Vent Frustrations On President Buhari As Costs Soar - Politics - Nairaland
Nairaland Forum / Nairaland / General / Politics / Nigerians Vent Frustrations On President Buhari As Costs Soar (3486 Views)
President Trump Laughing Behind Buhari As PMB Signs Papers: Caption Photo / Photos Of Yusuf Buhari As He Arrives Nigeria From Medical Trip Abroad / Mc Tagwaye Shakes President Buhari, As DSS Reacts (Photos, Video) (2) (3) (4)
| Nigerians Vent Frustrations On President Buhari As Costs Soar by gabonsky: 7:51pm On Dec 13, 2016 |
LAGOS: With Christmas just weeks away, Dolapo Beckley was among a throng of shoppers haggling at a market in Nigeria’s commercial capital Lagos, where the prices of some goods have doubled in the last year. Beckley voted for President Muhammadu Buhari in the election that swept him to power last year on promises to fix endemic mismanagement and corruption. But 19 months into his term, public support is crumbling as people like the 34-year-old baker blame Buhari for Nigeria’s first recession in 25 years and a rise in inflation to an 11-year high of 18.3 percent. “I do regret voting for Buhari. We wanted a better economy and things are turning upside down, even worse than the way it was before,” said Beckley, who was at the Lagos Island market to buy gifts for her children. Buhari’s aides say the woes of Africa’s biggest economy stem from the previous government’s failure to set money aside in the years when Nigeria’s crude oil fetched over $100 a barrel, before the price plunged in late 2014. It now stands around $56. The OPEC member relies on oil sales for two-thirds of state revenue, and Buhari has said his government is working to diversify the economy by boosting manufacturing and farming. On Wednesday he will submit a record budget worth 7.2 trillion naira ($23.6 billion) to lawmakers, drawing partly on foreign borrowing to pay for a boost in capital spending. But in a country where the UN estimates that 70 percent of the 180 million inhabitants live on a dollar a day, anger at the state of the economy is tangible. “We are no longer asking President Buhari to develop Nigeria,” states a message shared widely on social media. “At this point, we are only asking him to return Nigeria to the state it was before he became president.” Despite a 40 percent devaluation of the naira currency in June, a shortage of dollars persists, and they fetch a premium of up to 40 percent on the black market. In Nigeria’s import-driven economy, this has pushed up the cost of everything from rice to spare machine parts. “Everything has skyrocketed. It’s just too expensive for the masses,” said Victor Adinye, a civil servant at the Lagos market. Surrounded by makeshift stalls, some adorned with tinsel, Beckley said she could only afford one piece of clothing to give each of her two children for Christmas. Last year they got four items each. Even the Buhari government’s successes against the Islamist militants of Boko Haram have come at a cost. Its advances have revealed mass hunger in liberated areas, which the UN said could see 75,000 children starve to death in the coming months. And a wave of arrests of former officials, part of a promised anti-corruption drive, has yet to yield any convictions. “This is not the change we bargained for,” said Beckley. Fellow shopper Ayo Omope, a 27-year-old make-up artist, said she was contemplating joining the thousands of Africans who leave each year to seek a better life in the United States or Europe because “there is no hope any more” in Nigeria. Source: http://gabrielatanbiyi..com.ng/2016/12/nigerians-vent-frustrations-on.html 2 Likes
|
| Re: Nigerians Vent Frustrations On President Buhari As Costs Soar by Nobody: 7:53pm On Dec 13, 2016 |
I pray my income keep increasing with the price of commodities. |
| Re: Nigerians Vent Frustrations On President Buhari As Costs Soar by gabonsky: 7:58pm On Dec 13, 2016 |
| Re: Nigerians Vent Frustrations On President Buhari As Costs Soar by eyeview: 7:59pm On Dec 13, 2016 |
We warned Nigerians against voting this man but they were blinded by tribal and religious sentiments 17 Likes |
| Re: Nigerians Vent Frustrations On President Buhari As Costs Soar by Firefire(m): 8:00pm On Dec 13, 2016 |
Una never see anything... By the time Buhary finish with you people, Una brain go reset. 5 Likes |
| Re: Nigerians Vent Frustrations On President Buhari As Costs Soar by balanceofterror1(m): 8:00pm On Dec 13, 2016 |
Just imagine... 4 Likes
|
| Re: Nigerians Vent Frustrations On President Buhari As Costs Soar by samincredible44(m): 8:02pm On Dec 13, 2016 |
What is d gain in complaining when u foolishly voted for buhari.come 2019 some pple complaining now will still vote him 9 Likes |
| Re: Nigerians Vent Frustrations On President Buhari As Costs Soar by gabonsky: 9:15pm On Dec 13, 2016 |
kin8744: I pray so |
| Re: Nigerians Vent Frustrations On President Buhari As Costs Soar by mrvitalis(m): 11:10pm On Dec 13, 2016 |
High prices translate to higher profits higher profits translate to more investment more investment translate to more jobs and more competition... More competition translate to drop in price... But this process don't take less than 5 years U want ur government to allow u flood the market with cheap foreign products yet u want him to create employment.... Really?? This just basic economics... If we don't do it today our children will do it tomorrow... Lets fave it once and for all 2 Likes 2 Shares |
| Re: Nigerians Vent Frustrations On President Buhari As Costs Soar by 68816419: 11:13pm On Dec 13, 2016 |
eyeview: U guys are damn funny, how can a country be fixed in less than a year, so sad for Nigerians,  |
| Re: Nigerians Vent Frustrations On President Buhari As Costs Soar by gurunlocker: 11:16pm On Dec 13, 2016 |
mrvitalis: Are you okay? I mean is your brain properly functioning? WTF are you saying? Higher price translates to higher profit bullshit, who is your economics teacher? All these zombies always giving excuses to defend their dullard lord. 23 Likes 1 Share |
| Re: Nigerians Vent Frustrations On President Buhari As Costs Soar by onatisi(m): 11:24pm On Dec 13, 2016 |
Firefire:Give buhari 800 billion dollars ,he will still not know what to do with it. This government will borrow next year and again in 2018 9 Likes 1 Share |
| Re: Nigerians Vent Frustrations On President Buhari As Costs Soar by OZAOEKPE(f): 11:28pm On Dec 13, 2016 |
onatisi:by the time he finish with us, naijas go get long necks 8 Likes |
| Re: Nigerians Vent Frustrations On President Buhari As Costs Soar by sarrki(m): 11:28pm On Dec 13, 2016 |
gurunlocker: Must you shout before you make your point As you can see he's talking like a professional Breath gently and apologize to him |
| Re: Nigerians Vent Frustrations On President Buhari As Costs Soar by sarrki(m): 11:30pm On Dec 13, 2016 |
OZAOEKPE: Nigeria will be great again!!!!! God bless muhammadu Buhari God bless Federal Republic of Nigeria |
| Re: Nigerians Vent Frustrations On President Buhari As Costs Soar by Atiku2019: 11:31pm On Dec 13, 2016 |
onatisi:  1 Like |
| Re: Nigerians Vent Frustrations On President Buhari As Costs Soar by onatisi(m): 11:31pm On Dec 13, 2016 |
OZAOEKPE:Bros ,already ppls necks have started growing taller and firm. Remaining small everybody's brain will start thinking straight and asking serious questions . 4 Likes 1 Share
|
| Re: Nigerians Vent Frustrations On President Buhari As Costs Soar by sarrki(m): 11:32pm On Dec 13, 2016 |
eyeview: The wailers are We voted rightly 1 Like 2 Shares |
| Re: Nigerians Vent Frustrations On President Buhari As Costs Soar by Atiku2019: 11:32pm On Dec 13, 2016 |
sarrki: Nigeria cannot be great with the way Buhari is handling our Economy  6 Likes |
| Re: Nigerians Vent Frustrations On President Buhari As Costs Soar by OZAOEKPE(f): 11:33pm On Dec 13, 2016 |
mrvitalis:And thats how you fail book for school, when prices they rise production should rise with it too, thats how basic economics work...... IF PRICES RISE WITH NO INCREASE IN PRODUCTION THATS INFLATION BUT IN NAIJA CASE ITS STAG-FLATION. dont start quoting economics here cause its what i read and i read it very well. go to BSS in permanent site and ask abt me 5 Likes |
| Re: Nigerians Vent Frustrations On President Buhari As Costs Soar by sarrki(m): 11:35pm On Dec 13, 2016 |
Atiku2019: Bro if he fails we all fail Let's all pray, support and judge him in 2019 That's what I think we should all do |
| Re: Nigerians Vent Frustrations On President Buhari As Costs Soar by ud4u: 11:36pm On Dec 13, 2016 |
This is just d beginning 3 Likes |
| Re: Nigerians Vent Frustrations On President Buhari As Costs Soar by OZAOEKPE(f): 11:37pm On Dec 13, 2016 |
gurunlocker:that olodo held production constand, or he went to google to steal a point. when you dont produce how higher prices go lead to higher profit. where is the goods in the first place.  |
| Re: Nigerians Vent Frustrations On President Buhari As Costs Soar by sarrki(m): 11:41pm On Dec 13, 2016 |
OZAOEKPE: Do you know is own area of specialty? So tell us what cause the recession in details |
| Re: Nigerians Vent Frustrations On President Buhari As Costs Soar by onatisi(m): 11:44pm On Dec 13, 2016 |
68816419:he cant fix it in a year ,but he destroyed everything he met on ground within one year. Don't worry,the whole thing will soon reach your side very soon 7 Likes 1 Share |
| Re: Nigerians Vent Frustrations On President Buhari As Costs Soar by sarrki(m): 11:47pm On Dec 13, 2016 |
onatisi: Is he a magician? If we must criticize let's be constructive |
| Re: Nigerians Vent Frustrations On President Buhari As Costs Soar by eyeview: 11:52pm On Dec 13, 2016 |
68816419:You dont get it,do you? He is not fixing anything. He is damaging ! Its like changing mechanic because he couldnt repair your overheating car and the new one dismantles the whole radiator,then turns to piecicing your dashboard,then removes wipers,cuts some electrical cables. At what point will you realise that he isnt on the part of fixing but destroying your car. Buhari got the people brainwashed into believing that the nation was in ruins and he's fixing it. Its shocking to see that there are people who still believe that lie. Everything has gone from bad to worse and with barely two years left,its becoming obvious that he wont restore things even back to how he met it talkless of fixing anything. I wish some of you will put aside all sentiments and look objectively. 7 Likes |
| Re: Nigerians Vent Frustrations On President Buhari As Costs Soar by eyeview: 11:59pm On Dec 13, 2016 |
mrvitalis:Which school did you attend? Whats your maximum level of educational attainment? So by your twarted theory,zimbabwe whose toilet roll cost over 1million zimbabwe dollars translate to profit and investment? You are a disgrace to your economics teacher 5 Likes |
| Re: Nigerians Vent Frustrations On President Buhari As Costs Soar by sarrki(m): 12:01am On Dec 14, 2016 |
eyeview: What will you do differently? Please be sincere [b]President Olusegun Obasanjo, a Yoruba man, who hand-picked him as the running – mate of late Mr. Umaru Yar’Adua during the 2007 presidential election. In other words, he facilitated his becoming the Vice – President through the election he rigged for them. The position that made it possible for Jonathan to become president when his boss died on May 5, 2010. But after the votes of the Yoruba facilitated his re – election in 2011, Jonathan turned his back to his South – West benefactors discriminating against them in non – cabinet appointments and giving them the chairmanship of the board of directors of less important Federal Government companies and agencies. After much effort by Yoruba leaders he had a meeting with them in 2012, but he did nothing to rectify the situation. In the circumstance, how can anyone in good conscience blame Yoruba people in non-PDP parties for not voting for Jonathan last year? For 55 years, 1959 – 2014, mainstream Yoruba leaders kept their distance from the Hausa – Fulani chieftains, when Igbo and South – Southern leaders worked hand – in – hand with them. So, it was Jonathan who forced the people of the South – West to team up with Hausa and Fulani leaders last year. After teaching them the bitter lesson that once beaten one should be twice shy.[/b] |
| Re: Nigerians Vent Frustrations On President Buhari As Costs Soar by onatisi(m): 12:04am On Dec 14, 2016 |
sarrki:Constructive about what? Even his own party members,his wife ,have all come out to say that he is not up to the task and is getting everything wrong. Stop defending something which is obviously indefensible. The man is the tallest presidential mistake in the history of this nation 5 Likes 1 Share |
| Re: Nigerians Vent Frustrations On President Buhari As Costs Soar by sarrki(m): 12:07am On Dec 14, 2016 |
onatisi: What can we do than to support The truth is if he fails we all fail As a patriotic citizens we should lend our support 2018/ 2019 we appraised him. |
| Re: Nigerians Vent Frustrations On President Buhari As Costs Soar by onatisi(m): 12:13am On Dec 14, 2016 |
sarrki:This is the problem with Nigerian,Nigerians are too laidback In their attitude towards governance. You can start by asking him serious questions about why the economy is the way it Is Until Nigerians start demanding answers from their elected leaders,the nation will never move forward. Once Nigerians start asking for results openly,political leaders will be forced to situp and deliver on their promises 2 Likes |
2019:nothing Will Stop Me From Kicking Buhari Out – Obasanjo / Fans Slam Women Affairs Minister For Kneeling To Beg House Of Reps Speaker, Femi / The Southwest Is The Most Politically Enlightened And Sophisticated Zone
(Go Up)
| Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 58 |