According to Fashola, Buhari's administration inherited 206 uncompleted road projects and contract arrears worth #2.1trn from Jonathan; and for about 2 to 3 years the contractors where not paid. This slowed down the economic activities, with most of the companies laying off their staff. This was when the seed of recession was sowed.

Ratello:
Got this on my Facebook wall and can't help laughing at the extent people can go to manipulate figures against Jonathan and bandy half truths and flimsy excuses for Buhari's failure. Enjoy these half truths not forgeting that Obasanjo turned around an already Nigerian economy in comatose under the rudderless regimes of past military leaders Obasanjo inherited. Enjoy the write up but don't believe them.

BUHARI AGAIN?

Okonjo Iweala, a woman that had seen it all could come out to say at an American conference that the SEED OF THIS RECESSION WAS PLANTED DURING THE JONATHAN REGIME DUE TO OUR LACK OF FINANCIAL DISCIPLINE, INABILITY AND LACK OF POLITICAL WILL TO SAVE. People should not blame jonathan alone for this because the profligate Nigerian Governors too are culpable. He attempted to save, but the governors demanded to take all the savings citing constitutional right. Money they took and Stole at the same time. Our case is pathetic.

Do you know that:

�Obasanjo's administration earned # 17trn from crude oil sales within eight years and left behind 45bn dollars external reserves and 3.348bn dollars external debt.

�Yaradua grew the reserves to 64bn dollars within just one year and the administration was able to finance 15 months of imports despite the 2008/2009 world economic meltdown. Hence, Nigeria survived the melt down because of the political will by the administration to save(a great achievement by Yaradua which most Nigerians are not aware of). Despite the tough economic reality at that time, Yaradua left 47.7bn dollars in reserves and an external debt of 3.94bn dollars. Meanwhile, the administration earned only # 9trn from crude oil sales within that short period.

�Now, Jonathan administration witnessed an oil boom when Brent crude sold for over 100 dollars/barrel, with the regime earning # 51trn within a period of 5years. But because of corruption, the administration did not only squander the oil revenue but even depleted the reserves left by Yaradua, leaving just 32bn dollars and a huge external debt of 63bn dollars for Buhari. The same Brent crude sold for as low as 35 dollars/barrel at a point shortly after Buhari took over power and had only managed to climb to about 48 dollars just recently.

�These are facts that can be verified. So, it's amazing hearing people criticize Buhari for the hunger in the land.

�According to Fashola, Buhari's administration inherited 206 uncompleted road projects and contract arrears worth #2.1trn from Jonathan; and for about 2 to 3 years the contractors where not paid. This slowed down the economic activities, with most of the companies laying off their staff. This was when the seed of recession was sowed.

It's obvious that Buhari came in to rescue Nigeria, because if Jonathan had continued in power, the nation's economic crisis would have been worse, perhaps even the Federal government wouldn't have been able to pay salaries of civil servants by now.

�According to Okonjo Iweala, Nigeria started borrowing money to pay salaries since October, 2014; but today Nigeria now borrow money for investment in capital projects.

�Those who blame Buhari for the current hardship do so either out of mischief (hatred) or ignorance. So, we shouldn't join the bandwagon in criticising him. He may not have done much to save the situation, considering that he is not a perfect human being but he means well for the country and can only succeed with our prayers.

�May Almighty God continue to guide Baba Buhari.

�Why not share this piece with others for the sake of enlightenment and conscious prayers for our nation. We av the responsibility to enlighten others.

Mischievous and the ignorant people/politicians should not drag us backward.

Shared as received.

Sunday Kumoye

NgeneUkwenu:
Let's see how ipob will defeat him in 2019!

Ndi ara!

jdleo32:
We know abacha was worse than Jonathan even if there was no corruption within GEJ administration. Buhari must find a way to defend his incompetence. He has precedence for that like in 1983-85 after all accusations it was discovered he made out all that to suffer the poor masses.
He will fail Ngeneukwune come 2019. Even tinubu will not support him.
There is range coming n it will breakthrough by March 2018

jdleo32:
We know abacha was worse than Jonathan even if there was no corruption within Get administration. Buhari must find a way to defend his incompetence. He has precedence for that like in 1983-85 after all accusations it was discovered he made out all that to suffer the poor masses.
He will fail Ngeneukwune come 2019. Even tinubu will not support him.
There is range coming n it will breakthrough by March 2018