Tokziby:
I still don't understand why people still post this " Under Mass Looting and corruption Dollar was N170 while Under Mass Savings and fighting Corruption Naira 500".

Under GEJ,
oil was over $100, oil production at 2.2M barel/day and we had monies in dollars flowing through banks and people did have cause to hoard dollars to exchange at higher rate. The excess on the dollars that was to be save incase of recession was shared among the government bodies cos they thought the affluence would last forever. This is the case of living in affluence and spending monies anyhow thinking hard times will never befall u. And when the inflow of monies stops or reduces u will not be able to manage ur expensive life style and become broke cos u failed to save and live within ur limits. There are musicians and sportsmen u can make examples of Mike Tyson, Mc Hammer, Micheal Jackson before his death became broke, Our own Daniel Amokachi and host of others.

Under PMB
Oil fell to $30, militant depleted the production to 1.4M barel/day, becuase we didnt save during the raining days our reserve couldnt withstand or expenses, The flow of government monies through the banks stopped, looters were afraid and took their monies away from the bank to hide their ass, and Nigerians as we know took advantage of it and hoard the dollars to make it scarce and maximize their profit.

Conclusion
If we were still under GEJ and oil prices fell to $30 p/b while still producing at 2.2M b/d, and with the excessive looting and spending, do u still think dollars will be N170 or even N500 with their lavish lifestyle?

Remember the words of Sanusi when the alleged $20 Billion dollars was missing and the looming economic crises after 2015 if nothing was done.
Recession was inevitable whether under GEJ or PMB. The policies of PMB has it flaws and people around him are corrupt but with the way things are now we can see our past mistake and ways to correct it even after PMB leaves office, our eyes are open now and we can see those who led us to this. If we dont taste hardship we will never value our comfort.

Oyibo. Grammar all of this just to drive home one sided point. People have dollars stacked some where and for fear of being prosecuted don't want to spend the money. Eg) the difference between this government and the past admin. Is that the previous allowed cashflow and freedom for you and I to spend without fear of being termed a criminal. With cases like Yakubu's most dollar millionaire will hide theirs so deep thereby causing scarcity.
The problem we are having now is scarcity of USD

;Dnaira will soon be 5000 to a dollar am sure before the year runs out

Tokziby:
I still don't understand why people still post this " Under Mass Looting and corruption Dollar was N170 while Under Mass Savings and fighting Corruption Naira 500".

Under GEJ,
oil was over $100, oil production at 2.2M barel/day and we had monies in dollars flowing through banks and people did have cause to hoard dollars to exchange at higher rate. The excess on the dollars that was to be save incase of recession was shared among the government bodies cos they thought the affluence would last forever. This is the case of living in affluence and spending monies anyhow thinking hard times will never befall u. And when the inflow of monies stops or reduces u will not be able to manage ur expensive life style and become broke cos u failed to save and live within ur limits. There are musicians and sportsmen u can make examples of Mike Tyson, Mc Hammer, Micheal Jackson before his death became broke, Our own Daniel Amokachi and host of others.

Under PMB
Oil fell to $30, militant depleted the production to 1.4M barel/day, becuase we didnt save during the raining days our reserve couldnt withstand or expenses, The flow of government monies through the banks stopped, looters were afraid and took their monies away from the bank to hide their ass, and Nigerians as we know took advantage of it and hoard the dollars to make it scarce and maximize their profit.

Conclusion
If we were still under GEJ and oil prices fell to $30 p/b while still producing at 2.2M b/d, and with the excessive looting and spending, do u still think dollars will be N170 or even N500 with their lavish lifestyle?

Remember the words of Sanusi when the alleged $20 Billion dollars was missing and the looming economic crises after 2015 if nothing was done.
Recession was inevitable whether under GEJ or PMB. The policies of PMB has it flaws and people around him are corrupt but with the way things are now we can see our past mistake and ways to correct it even after PMB leaves office, our eyes are open now and we can see those who led us to this. If we dont taste hardship we will never value our comfort.

You have just agreed that Buhari poor judgement is responsible for 80 percent of what led to the recession ..Besides oil never got to 30 dollars and it has improved since since

luvinhubby:


Mr. Man stop posting nonsense, oil price has nothing to do with your currency value, your fiscal & monetary policies does.

Oil traded for $15 per barrel under Abacha & we built up our forex reserve from $450 million to $9.5 billion & our currency was stable for 4yrs.

Stop making excuses.

What are u saying here bro? Did the oil price fell to $15 per barrel or that was the normal price at which it was sold that period? Did u read the example i gave about spending according to the inflow of money and the repercussion if u dont save for raining day?
Look Bro, Oil fell from about $145 dollar to $30. Countries build their budget according to their source of revenue. And oil producing country countries based their budget on the price of oil at a lower rate so that when the price of oil increases it becomes a surplus for the government which was meant to be saved? Did u think that during that period of 93-98 if oil had falled from $15 to $4 there wont be problem in the following year to come.
Do u think Nigeria is the only country facing the problem of the drop in the oil price, have u read about the almighty Saudi how they are cutting the cost despite their huge reserves and how companies are folding up in the Gulf countries. And how prices of commodities have increased 100% in place like Angola, Egypt, Algeria etc.

[s]

Tokziby:
I still don't understand why people still post this " Under Mass Looting and corruption Dollar was N170 while Under Mass Savings and fighting Corruption Naira 500".

Under GEJ,
oil was over $100, oil production at 2.2M barel/day and we had monies in dollars flowing through banks and people did have cause to hoard dollars to exchange at higher rate. The excess on the dollars that was to be save incase of recession was shared among the government bodies cos they thought the affluence would last forever. This is the case of living in affluence and spending monies anyhow thinking hard times will never befall u. And when the inflow of monies stops or reduces u will not be able to manage ur expensive life style and become broke cos u failed to save and live within ur limits. There are musicians and sportsmen u can make examples of Mike Tyson, Mc Hammer, Micheal Jackson before his death became broke, Our own Daniel Amokachi and host of others.

Under PMB
Oil fell to $30, militant depleted the production to 1.4M barel/day, becuase we didnt save during the raining days our reserve couldnt withstand or expenses, The flow of government monies through the banks stopped, looters were afraid and took their monies away from the bank to hide their ass, and Nigerians as we know took advantage of it and hoard the dollars to make it scarce and maximize their profit.

Conclusion
If we were still under GEJ and oil prices fell to $30 p/b while still producing at 2.2M b/d, and with the excessive looting and spending, do u still think dollars will be N170 or even N500 with their lavish lifestyle?

Remember the words of Sanusi when the alleged $20 Billion dollars was missing and the looming economic crises after 2015 if nothing was done.
Recession was inevitable whether under GEJ or PMB. The policies of PMB has it flaws and people around him are corrupt but with the way things are now we can see our past mistake and ways to correct it even after PMB leaves office, our eyes are open now and we can see those who led us to this. If we dont taste hardship we will never value our comfort.

[/s]

Incase you don't know, Buhari successfully took Nigeria to her first recession in 1985 and now in the second time in our history he is doing it back to back. So spare us all the above trash you typed up there, Buhari is synanimus to failure even if Jonathan left Nigeria a paradise, Buhari would still fail. I keep wondering why Nigerians voted a gworo chewing kunu sipping illiterate daura bastard

Deepfreezer:
Oyibo. Grammar all of this just to drive home one sided point. People have dollars stacked some where and for fear of being prosecuted don't want to spend the money. Eg) the difference between this government and the past admin. Is that the previous allowed cashflow and freedom for you and I to spend without fear of being termed a criminal. With cases like Yakubu's most dollar millionaire will hide theirs so deep thereby causing scarcity.
The problem we are having now is scarcity of USD

Oga mi, why would they hide it if their ass were clean. Its the problem we must face if we were to reduce corruption in our country. Let us build it with our sweat not stolen monies, dangote, Alakija, otedola, adenuga, Tony elemelu etc will not hide dollars in their house to conceal their ass.

Tokziby:
I still don't understand why people still post this " Under Mass Looting and corruption Dollar was N170 while Under Mass Savings and fighting Corruption Naira 500".

Under GEJ,
oil was over $100, oil production at 2.2M barel/day and we had monies in dollars flowing through banks and people did have cause to hoard dollars to exchange at higher rate. The excess on the dollars that was to be save incase of recession was shared among the government bodies cos they thought the affluence would last forever. This is the case of living in affluence and spending monies anyhow thinking hard times will never befall u. And when the inflow of monies stops or reduces u will not be able to manage ur expensive life style and become broke cos u failed to save and live within ur limits. There are musicians and sportsmen u can make examples of Mike Tyson, Mc Hammer, Micheal Jackson before his death became broke, Our own Daniel Amokachi and host of others.

Under PMB
Oil fell to $30, militant depleted the production to 1.4M barel/day, becuase we didnt save during the raining days our reserve couldnt withstand or expenses, The flow of government monies through the banks stopped, looters were afraid and took their monies away from the bank to hide their ass, and Nigerians as we know took advantage of it and hoard the dollars to make it scarce and maximize their profit.

Conclusion
If we were still under GEJ and oil prices fell to $30 p/b while still producing at 2.2M b/d, and with the excessive looting and spending, do u still think dollars will be N170 or even N500 with their lavish lifestyle?

Remember the words of Sanusi when the alleged $20 Billion dollars was missing and the looming economic crises after 2015 if nothing was done.
Recession was inevitable whether under GEJ or PMB. The policies of PMB has it flaws and people around him are corrupt but with the way things are now we can see our past mistake and ways to correct it even after PMB leaves office, our eyes are open now and we can see those who led us to this. If we dont taste hardship we will never value our comfort.

shut up! it is almost $60 now. Just accept that Buhari will kill Nigeria. In 2019 he must contest for re-election which he will win by rigging, of course that will spell the end of this abomination called nigeria.

KidsNEXTdoor:
Buhari's destiny is to reck Nigeria
By the time the dullard is through
Believe me, a dollar will be 1000k

The zombies will tell u it's because of 16 yrs bad rule , it's because of bad military rule, blah blah blah

The truth is it's because of ill thought archaic economic policies dished out on Nigeria by Buhari ...

Worst is Buhari doesn't care
He is enjoying poor masses tax payers money in London

NB I have noticed the absence of characters like sarrki passingshot omenkalives ngeneukwuenu et all on threads such as these
Defending the indefensible is quite an audacious assignment I guess

..honestly the number of uncivilized creatures on NL is amazing...!

Kiakia:
Naira continues to slide! Soon, it will be N600 to a dollar. To imagine that this is a government that promised N1 to a dollar! Ludicrous!

FCFa has been 600 to the $ for more than 5 years now.

Tokziby:


What are u saying here bro? Did the oil price fell to $15 per barrel or that was the normal price at which it was sold that period? Did u read the example i gave about spending according to the inflow of money and the repercussion if u dont save for raining day?
Look Bro, Oil fell from about $145 dollar to $30. Countries build their budget according to their source of revenue. And oil producing country countries based their budget on the price of oil at a lower rate so that when the price of oil increases it becomes a surplus for the government which was meant to be saved? Did u think that during that period of 93-98 if oil had falled from $15 to $4 there wont be problem in the following year to come.
Do u think Nigeria is the only country facing the problem of the drop in the oil price, have u read about the almighty Saudi how they are cutting the cost despite their huge reserves and how companies are folding up in the Gulf countries. And how prices of commodities have increased 100% in place like Angola, Egypt, Algeria etc.

Which Algeria & Angola?
What are you rattling about?
It even sold for $9 per barrel at a point, so leave your excuses. Which companies are folding in the gulf countries, mister go to gulfnews.com and keep yourself abreast and learn.

If it is about budget spending, the cut your overhead.

Your currency crashed because foreign investors uncomfortable with the aloof policies of Buhari's CBN on forex withdrew $80 billion from your economy and your currency collapsed, stop blaming crude price.

SalamRushdie:


You have just agreed that Buhari poor judgement is responsible for 80 percent of what led to the recession ..Besides oil never got to 30 dollars and it has improved since since

I still pointed it out that some of his policies are flawed but 80 that u mentioned cannot be the case if we had saved and oil price were still the same as we had under GEJ. And the current crises was inevitable with the way our reserve was depleted and fall in the oil price. You cannot eat ur cake and have it u must choose one. The richest people of this world would never involve themselves in affluent spending cos they know the repercussion. You cannot tell me that if u earn a million naira salary today that u expenditure will cover 900k. And u will still live to tell the story when they slash ur money to 300k.

Tokziby:
I still don't understand why people still post this " Under Mass Looting and corruption Dollar was N170 while Under Mass Savings and fighting Corruption Naira 500".

Under GEJ,
oil was over $100, oil production at 2.2M barel/day and we had monies in dollars flowing through banks and people did have cause to hoard dollars to exchange at higher rate. The excess on the dollars that was to be save incase of recession was shared among the government bodies cos they thought the affluence would last forever. This is the case of living in affluence and spending monies anyhow thinking hard times will never befall u. And when the inflow of monies stops or reduces u will not be able to manage ur expensive life style and become broke cos u failed to save and live within ur limits. There are musicians and sportsmen u can make examples of Mike Tyson, Mc Hammer, Micheal Jackson before his death became broke, Our own Daniel Amokachi and host of others.

Under PMB
Oil fell to $30, militant depleted the production to 1.4M barel/day, becuase we didnt save during the raining days our reserve couldnt withstand or expenses, The flow of government monies through the banks stopped, looters were afraid and took their monies away from the bank to hide their ass, and Nigerians as we know took advantage of it and hoard the dollars to make it scarce and maximize their profit.

Conclusion
If we were still under GEJ and oil prices fell to $30 p/b while still producing at 2.2M b/d, and with the excessive looting and spending, do u still think dollars will be N170 or even N500 with their lavish lifestyle?

Remember the words of Sanusi when the alleged $20 Billion dollars was missing and the looming economic crises after 2015 if nothing was done.
Recession was inevitable whether under GEJ or PMB. The policies of PMB has it flaws and people around him are corrupt but with the way things are now we can see our past mistake and ways to correct it even after PMB leaves office, our eyes are open now and we can see those who led us to this. If we dont taste hardship we will never value our comfort.

Hmn! hard truth.

luvinhubby:


Which Algeria & Angola?
What are you rattling about?
It even sold for $9 per barrel at a point, so leave your excuses. Which companies are folding in the gulf countries, mister go to gulfnews.com and keep yourself abreast and learn.

If it is about budget spending, the cut your overhead.

Your currency crashed because foreign investors uncomfortable with the aloof policies of Buhari's CBN on forex withdrew $80 billion from your economy and your currency collapsed, stop blaming crude price.

My bother i live in GCC. Update urself about Saudi Oger or better still read this

http://gulfnews.com/business/economy/uae-company-profits-still-falling-on-low-oil-1.1891084

and this

http://gulfbusiness.com/revealed-top-100-gcc-companies-2016/

Tokziby:
I still don't understand why people still post this " Under Mass Looting and corruption Dollar was N170 while Under Mass Savings and fighting Corruption Naira 500".

Under GEJ,
oil was over $100, oil production at 2.2M barel/day and we had monies in dollars flowing through banks and people did have cause to hoard dollars to exchange at higher rate. The excess on the dollars that was to be save incase of recession was shared among the government bodies cos they thought the affluence would last forever. This is the case of living in affluence and spending monies anyhow thinking hard times will never befall u. And when the inflow of monies stops or reduces u will not be able to manage ur expensive life style and become broke cos u failed to save and live within ur limits. There are musicians and sportsmen u can make examples of Mike Tyson, Mc Hammer, Micheal Jackson before his death became broke, Our own Daniel Amokachi and host of others.

Under PMB
Oil fell to $30, militant depleted the production to 1.4M barel/day, becuase we didnt save during the raining days our reserve couldnt withstand or expenses, The flow of government monies through the banks stopped, looters were afraid and took their monies away from the bank to hide their ass, and Nigerians as we know took advantage of it and hoard the dollars to make it scarce and maximize their profit.

Conclusion
If we were still under GEJ and oil prices fell to $30 p/b while still producing at 2.2M b/d, and with the excessive looting and spending, do u still think dollars will be N170 or even N500 with their lavish lifestyle?

Remember the words of Sanusi when the alleged $20 Billion dollars was missing and the looming economic crises after 2015 if nothing was done.
Recession was inevitable whether under GEJ or PMB. The policies of PMB has it flaws and people around him are corrupt but with the way things are now we can see our past mistake and ways to correct it even after PMB leaves office, our eyes are open now and we can see those who led us to this. If we dont taste hardship we will never value our comfort.

Iwang ke ado

aminho:
All lies i just changed 5k usd at the cost of 495 this morning

Its 499 but all the same they keep peddling wrong info. I still bought usd at 500 yesterday.

Tokziby:
I still don't understand why people still post this " Under Mass Looting and corruption Dollar was N170 while Under Mass Savings and fighting Corruption Naira 500".

Under GEJ,
oil was over $100, oil production at 2.2M barel/day and we had monies in dollars flowing through banks and people did have cause to hoard dollars to exchange at higher rate. The excess on the dollars that was to be save incase of recession was shared among the government bodies cos they thought the affluence would last forever. This is the case of living in affluence and spending monies anyhow thinking hard times will never befall u. And when the inflow of monies stops or reduces u will not be able to manage ur expensive life style and become broke cos u failed to save and live within ur limits. There are musicians and sportsmen u can make examples of Mike Tyson, Mc Hammer, Micheal Jackson before his death became broke, Our own Daniel Amokachi and host of others.

Under PMB
Oil fell to $30, militant depleted the production to 1.4M barel/day, becuase we didnt save during the raining days our reserve couldnt withstand or expenses, The flow of government monies through the banks stopped, looters were afraid and took their monies away from the bank to hide their ass, and Nigerians as we know took advantage of it and hoard the dollars to make it scarce and maximize their profit.

Conclusion
If we were still under GEJ and oil prices fell to $30 p/b while still producing at 2.2M b/d, and with the excessive looting and spending, do u still think dollars will be N170 or even N500 with their lavish lifestyle?

Remember the words of Sanusi when the alleged $20 Billion dollars was missing and the looming economic crises after 2015 if nothing was done.
Recession was inevitable whether under GEJ or PMB. The policies of PMB has it flaws and people around him are corrupt but with the way things are now we can see our past mistake and ways to correct it even after PMB leaves office, our eyes are open now and we can see those who led us to this. If we dont taste hardship we will never value our comfort.

Keep comforting yourself..
Under GEJ budget was #4tr,while under Buhari budget is #7tr.

Yet people like you keep talking about oil price.. Iranu

kingthreat:
If Buhari has some little sense, he will sack the CBN director, the Finance minister and every minister on the economy. Cant he give an order than in 2 months the exchange rate must get to 450 or so and his orders get obeyed? I really don't freaking understand this country. If this old dumb cant work, let him resign. Or should his incompetence let the bureau de changers put this country to ransom?

Economic variables are not things your can just order with threat of gun. The forces of demand and supply determines price/rate. You can only stimulate or embark on policies that can stimulate supply of FX and reduce demand for it to arrive at a desired exchange rate under the current situation.
Giving a blind order is just like attempting to stop a moving truck/train with your bare hands instead of applying the brakes.

dudebuck:
shut up! it is almost $60 now. Just accept that Buhari will kill Nigeria. In 2019 he must contest for re-election which he will win by rigging, of course that will spell the end of this abomination called nigeria.

Hey man, no be fight, When u fall from the top, to get back is not a day job to get back up. Even if the price flies to $150 today, Nigeria will still not be transformed overnight, it will still take time to put things the way they were. You can destroy a house under one 1hr but it will take u months to build even if u have all the monies in this world because u must follow the right procedure if u want ur house to last long.

Marxist economic theories added with the banks letting the black market dominate them is responsible for this.

udemzy101:


Keep comforting yourself..
Under GEJ budget was #4tr,while under Buhari budget is #7tr.

Yet people like you keep talking about oil price.. Iranu

In a country where ur inflation rate becomes double figure, do u expect their budget to reduce (even though i dont support most of its contents). Its just a logical reason. I'm 100% sure that ur own budget for last month has increased too compared to this month and u know why? inflation does not respect anybody even if u are bill gates.

Tokziby:


In a country where ur inflation rate becomes double figure, do u expect their budget to reduce (even though i dont support most of its contents). Its just a logical reason. I'm 100% sure that ur own budget for last month has increased too compared to this month and u know why? inflation does not respect anybody even if u are bill gates.

Is alright, we all in this together, from 4tr - 7tr..

Next year will he 10tr, let them continue,instead of reducing cost, removing unnecessary things in the budget they are trying to recover their election investments..

Is alright

Saintbonnie:
E don happen. Now is time to collect my $2000 from my brother.

wait until 1000 naira = 1 dollar, that will be in June this year. make sure you give me my 10 percent.

Tokziby:


In a country where ur inflation rate becomes double figure, do u expect their budget to reduce (even though i dont support most of its contents). Its just a logical reason. I'm 100% sure that ur own budget for last month has increased too compared to this month and u know why? inflation does not respect anybody even if u are bill gates.

You will soon understand. Others have defended buhari more than this only for them to start voicing out when the situation gets to them. Let it be known here that what is happening in Nigeria THE IMPACT WILL NOT EXCLUDE ANYBODY EXCEPT YOU ARE IN THE CORRIDORS OF POWER. So if you are still ok today ,lets see what will happen by June or December

Tokziby:


My bother i live in GCC. Update urself about Saudi Oger or better still read this

http://gulfnews.com/business/economy/uae-company-profits-still-falling-on-low-oil-1.1891084

and this

http://gulfbusiness.com/revealed-top-100-gcc-companies-2016/

Non of the links you posted said companies are leaving gulf countries.
Profits dropped, none left.

Tokziby:
I still don't understand why people still post this " Under Mass Looting and corruption Dollar was N170 while Under Mass Savings and fighting Corruption Naira 500".

Under GEJ,
oil was over $100, oil production at 2.2M barel/day and we had monies in dollars flowing through banks and people did have cause to hoard dollars to exchange at higher rate. The excess on the dollars that was to be save incase of recession was shared among the government bodies cos they thought the affluence would last forever. This is the case of living in affluence and spending monies anyhow thinking hard times will never befall u. And when the inflow of monies stops or reduces u will not be able to manage ur expensive life style and become broke cos u failed to save and live within ur limits. There are musicians and sportsmen u can make examples of Mike Tyson, Mc Hammer, Micheal Jackson before his death became broke, Our own Daniel Amokachi and host of others.

Under PMB
Oil fell to $30, militant depleted the production to 1.4M barel/day, becuase we didnt save during the raining days our reserve couldnt withstand or expenses, The flow of government monies through the banks stopped, looters were afraid and took their monies away from the bank to hide their ass, and Nigerians as we know took advantage of it and hoard the dollars to make it scarce and maximize their profit.

Conclusion
If we were still under GEJ and oil prices fell to $30 p/b while still producing at 2.2M b/d, and with the excessive looting and spending, do u still think dollars will be N170 or even N500 with their lavish lifestyle?

Remember the words of Sanusi when the alleged $20 Billion dollars was missing and the looming economic crises after 2015 if nothing was done.
Recession was inevitable whether under GEJ or PMB. The policies of PMB has it flaws and people around him are corrupt but with the way things are now we can see our past mistake and ways to correct it even after PMB leaves office, our eyes are open now and we can see those who led us to this. If we dont taste hardship we will never value our comfort.

Haven't you noticed that the more you and your kind unjustly blame GEJ the worse it gets for everyone? No one asked for your opinion, no one forced Buhari to contest, no one forced APC to take over from PDP, kindly keep quiet.

onatisi:

You will soon understand. Others have defended buhari more than this only for them to start voicing out when the situation gets to them. Let it be known here that what is happening in Nigeria THE IMPACT WILL NOT EXCLUDE ANYBODY EXCEPT YOU ARE IN THE CORRIDORS OF POWER. So if you are still ok today ,lets see what will happen by June or December

That guy is a hustler in Oman, don't blame him.

Phew. Buhari is a monumental disaster.

luvinhubby:


Non of the links you posted said companies are leaving gulf countries.
Profits dropped, none left.

I told u that i live in GCC and i have witnessed this but things like closing down will never make it to the new in order not to discourage investors. Did u read the part about the slump in oil prices leading to their decline

luvinhubby:


That guy is a hustler in Oman, don't blame him.

No wonder.

Tokziby:


I told u that i live in GCC and i have witnessed this but things like closing down will never make it to the new in order not to discourage investors. Did u read the part about the slump in oil prices leading to their decline

You dey craze?

One breath you said companies are leaving, next you are saying profits are declining, which one do we follow?

Tokziby:


What are u saying here bro? Did the oil price fell to $15 per barrel or that was the normal price at which it was sold that period? Did u read the example i gave about spending according to the inflow of money and the repercussion if u dont save for raining day?
Look Bro, Oil fell from about $145 dollar to $30. Countries build their budget according to their source of revenue. And oil producing country countries based their budget on the price of oil at a lower rate so that when the price of oil increases it becomes a surplus for the government which was meant to be saved? Did u think that during that period of 93-98 if oil had falled from $15 to $4 there wont be problem in the following year to come.
Do u think Nigeria is the only country facing the problem of the drop in the oil price, have u read about the almighty Saudi how they are cutting the cost despite their huge reserves and how companies are folding up in the Gulf countries. And how prices of commodities have increased 100% in place like Angola, Egypt, Algeria etc.

When will your CHANGE masters cut costs?

onatisi:

You will soon understand. Others have defended buhari more than this only for them to start voicing out when the situation gets to them. Let it be known here that what is happening in Nigeria THE IMPACT WILL NOT EXCLUDE ANYBODY EXCEPT YOU ARE IN THE CORRIDORS OF POWER. So if you are still ok today ,lets see what will happen by June or December

I am not saying that i'm not feeling the impact but when i see that stupid post trending i felt outraged by it because God had just saved us from a total collapse if he had continue. And we are here everyday seeing how much was lost to these senseless looting, yet people are showing their displeasure for it. Its as if we are not being grateful to God from saving us from the brink of war. Only God knows how powerful BH would have been? Whether half of the country would have been refugees. Whether by now dollar would be 2k cos he cant even stand to the world bank to stop devaluation. I believe we will be okay again but it must take time cos the damage done is too much and some of it is still continuing.