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2019 Presidency: How PDP Exposed Atiku’s Ignorance – Oby Ezekwesili - Politics (4) - Nairaland

Nairaland Forum / Nairaland / General / Politics / 2019 Presidency: How PDP Exposed Atiku’s Ignorance – Oby Ezekwesili (30219 Views)

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Re: 2019 Presidency: How PDP Exposed Atiku’s Ignorance – Oby Ezekwesili by loswhite(m): 10:03am On Nov 03
ephemm:
She's just another spoiler.


There are over 50 political parties in the US, but only Democrats and Republicans take the White House.

Elections can only be won with the right political structures and not by rhetorics or social media followership.
Trump was a Democrat, he then defected to GOP, he got there and changed the narrative, imposing his ideas and got a cult followership.

As far as Nigeria's 2019 election is concerned, the only choice before us is APC or PDP. Anyone could decide to waste his or her vote where it would not count. Vote APC if you want us to continue this way, or PDP if you think there is ever another way out.

Any vote aside these 2 is just as good a vote for APC.
Trump was first registered as a republican and was so for many years. He constantly changed is affiliation to different political parties. The use of your trump was a democrat and defect to republican is misleading
Re: 2019 Presidency: How PDP Exposed Atiku’s Ignorance – Oby Ezekwesili by Codes151(m): 10:04am On Nov 03
See this she goat
Re: 2019 Presidency: How PDP Exposed Atiku’s Ignorance – Oby Ezekwesili by lereinter(m): 10:04am On Nov 03
This woman

what makes people who seems to be sensible talk like this

give us your own side
Re: 2019 Presidency: How PDP Exposed Atiku’s Ignorance – Oby Ezekwesili by maxzzo1(m): 10:06am On Nov 03
B4 PDP left power how much was fuel
Re: 2019 Presidency: How PDP Exposed Atiku’s Ignorance – Oby Ezekwesili by PNomsule(m): 10:08am On Nov 03
whyman:
*HOW ATIKU MADE NIGERIA THE POVERTY CAPITAL OF* *THE WORLD:*

A. NigerDock is the largest ship fabrication yard in West Africa sub region. When it was sold, its Ex-MD Engr. Nkpubre Okon, openly stated how "Mr Job Creator" ignored the Transport Ministry then to Open bid for NigerDock.

The VP's camp preferred bidder, 'Global Energy' that agreed to increase NigerDock's workforce from 4,800 to 6,000 as part of privatization agreement dismissed 2,200 immediately it took ownership. Jagal Group that took over after Global Energy lost out on power play also sacked 1,400.

B. Nigeria Port Authority reform was purely contrived to grab landed properties. 10,000 workers were sacked & 133 bids opened for NPA properties consisting of 68 properties in Apapa, 28 houses in Ikoyi. The highest reserves bid was for a property in Ikoyi fixed at N390.4 Million.

C. NIGERIA RAILWAY
Did @atiku forget how 7000 railway workers were sacked in 2005 without compensation to reduce its workforce to 6,300? Another 1,260 were fired in 2006. When ATIKU and his Headmaster were leaving in 2007, they left ~N5 Billion in unpaid Railway pension arrears.

D. FEDERAL SECRETARIAT IKOYI
In 2006, Babalakin's Resort Ltd acquired this 15 storeys prime asset overgrown with weeds from @atiku and OBJ through a Development Lease Agreement (DLA) for N7.2Billion. A Court has asked Buhari to pay N54 Billion to Babalakin for their blunder. https:///cD7bTBBD6f.

The DLA, dated October 10, 2006, granted Resort Ltd a 99-years lease to redevelop the Federal Secretariat complex, that OBJ & ATIKU had abandoned for 7 years into 480 luxury apartments. This was at the eve of their departure from government. The transaction was one for the road.

The DLA hit the rocks when Lagos State Govt in the interest of the public indicated willingness in acquiring the Federal Secretariat complex. LASG insisted it should be accorded right of first refusal since LASG is the Issuing Authority of the C of O, coupled with other reasons.

Finally, lets compare OBJ & @atiku's first 3yrs in power to the first 3yrs of PMB that hasn't retrenched one civil servant, but has bailed out states on salaries. Lets not forget Atiku was in charge of the economy and OBJ gave him free hand until Galaxy Backbone scandal happened.

In 2002, first 3yrs of the ENDORSEE and the ENDORSER, manufacturing accounts for 6% of GDP. Nigeria's GDP fell by half for d first time in 20yrs. This was d year all textile factories in Nigeria closed down and unemployment was 28% within d formal sector alone; I repeat, alone!!

In 2002, UN estimated that 70% of Nigerians live below poverty line compared to 48.5% in 1998 under a military rule. Life expectancy fell from 54yrs to 51yrs. Two-fifth of every child below age 5 were malnourished and only 50% of d 128Million Nigerians have access to clean water.

copied:-
FACTUAL REPORT ON HOW ATIKU SUPERVISED THE SALES OF OVER 145 FG INVESTMENTS AS A VICE PRESIDENT !!!

Please I do not have any partisan political agenda, rather factual report on ATIKU as a Presidential aspirant in Nigeria.

Please any or all ATIKU supporters or his campaign structure are free to deny these submission with facts not sentiments.

“As Head of National Council on Privatization (NCP), from 1999, @atiku dug Nigeria's economic grave for today's extreme poverty and unemployment.

There were over 600 federal assets when @atiku's NCP started selling.

Atiku should tell us who bought what and what was left for the country when he left power.

Nafcon
Eleme Petrochemical
Daily Times
Ughelli Power
Egbin Power
NICON Insurance
ALSCON
Transcorp Hilton Hotel
NICON Luxury Hotel
Sunti Sugar Ltd
NetCom House
Bacita Sugar Ltd
MM2

In 2007, Onigbolo Cement operating at 500,000 tonnes per annum was sold to Dangote at N1.7Bn �

To those selling Atiku, let me remind you of @NGRSenate public hearing of August, 2011 which succinctly captures how @atiku through retinue of cohorts, fronts, shell companies, ring fenced over 70% of FG's assets through a brazen daylight robbery privatization that he supervised.

This is nothing sensational. Its real life facts and all the Senators are alive today.

The 2011 privatization Senate committee was made up of Senator Ahmed Lawan – Chairman, Senators Babafemi Ojudu, Philip Aduda, Mohammed Ndume, Ifeanyi Okowa, Hope Uzodinma and Mohammadu Magoro.

Lets look at Aluminium Smelting Company, ALSCON, that Atiku privatized.

ALSCON which Nigeria built with $3.2 billion, was sold to a Russian firm, Russal, for $130million. As of the time of sale, ALSCON had received $120million for the dredging of Imo River, but was never done.

When the Senate Seating of August, 2011 asked the Russian company the whereabouts of the $120million dredging money, the company's Deputy Managing Director, Vitaly Kuzrestov, said that the money has been used for Environment Impact Assessment." EIA kii you there. �

FG's Five percent share in Eleme Petrochemical worth USD27 million was never presented to at the National Council on Privatization before t'was sold to Indorama.

Indorama recovered this amount selling Polyethylene and Urea to the entire west Africa sub-region in just 14 months.

The Atikulate Business Theory: Sell to yourself Government assets that leaves millions in penury, to set up personal businesses that provides for a few. @Atiku didn't employ the few hundreds he employed because he likes them, he needs them to work to preserve what he took from Government.

Fam, the business acumen of Atiku you are bandying about is smelly.

A man who supervised sales of over 145 federal investments as a vice president, without a thought for today wants to be president.

He didnt revitalize them.

He didnt resuscitate them.

He sold them to whomever.

May Nigeria �� succeed”

Assuming all of these were true, were we better as a nation than we currently are now? If yes which exactly is what it is, then keep shut please. We aren't buying any more of these hullabaloo.

Atiku for 2019 for a working economy.
Re: 2019 Presidency: How PDP Exposed Atiku’s Ignorance – Oby Ezekwesili by Edifyer: 10:10am On Nov 03
Ijaya123:
Madam Oby, you just nailed it in the head...

Waiting for misguided ipob miscreants to start casting aspersions on their own ‘daughter’ here and start worshipping a Fulani man.

Confused and gullible set of being.
on point.. Well said
Re: 2019 Presidency: How PDP Exposed Atiku’s Ignorance – Oby Ezekwesili by OneSentence(m): 10:12am On Nov 03
yeyeboi:
FTC On FP


I Dedicate This FTC To All Atikulated Supporters , 2019 The AIM Is To Send The Lifeless Back To Daura And Make Nigeria Great Again smiley






No Matter What You Say I Have Been Atikulated , This Woman No Get Talk For Mouth tongue
yes this is exactly how you pdp and apc brainwashed supporters reason. any thing they feed you you accept without reasoning. that u actually believe atiku can crash fuel to #90 shows how your level.of reasoning has been eroded. Sam way Buhari came and fed us with lies. someday sha una go get sense. pls make sure you screen grab this promises as they are coming so that when they renege ur eye go clear and ur sense go open. apc and pdp supporters are senseless

1 Like

Re: 2019 Presidency: How PDP Exposed Atiku’s Ignorance – Oby Ezekwesili by loswhite(m): 10:14am On Nov 03
efilefun:
With crude at $80/bbl and exchange rate at N305/$? (special fx by FG for importers)

A barrel of crude is about 159 liters of crude.

Just dividing the $80 (N24,400) by 159 liters already gives a price of N153.4/liter without any processing.

So, by the time you factor in refining and transportation costs, THERE IS NO WAY the price will come as low as the 85/90 naira price PDP are claiming to reduce the price to.

But the unfortunate blockhead yoots won't see thru the lies but keep screaming Atikulooting.
Blockhead analysis
Re: 2019 Presidency: How PDP Exposed Atiku’s Ignorance – Oby Ezekwesili by bamidelee: 10:15am On Nov 03
Ijaycool:
If it's time to criticize APC, u will use tape to seal your mouth. Na for PDP body u get power.
you no get joy

2 Likes

Re: 2019 Presidency: How PDP Exposed Atiku’s Ignorance – Oby Ezekwesili by efilefun(m): 10:23am On Nov 03
loswhite:
Blockhead analysis
can you point out any lie in the analysis oponu omo ale jati jati

2 Likes

Re: 2019 Presidency: How PDP Exposed Atiku’s Ignorance – Oby Ezekwesili by ameh99: 10:29am On Nov 03
efilefun:
With crude at $80/bbl and exchange rate at N305/$? (special fx by FG for importers)

A barrel of crude is about 159 liters of crude.

Just dividing the $80 (N24,400) by 159 liters already gives a price of N153.4/liter without any processing.

So, by the time you factor in refining and transportation costs, THERE IS NO WAY the price will come as low as the 85/90 naira price PDP are claiming to reduce the price to.

But the unfortunate blockhead yoots won't see thru the lies but keep screaming Atikulooting.
I think she made a lot of sense but many gullible don’t see it now
Re: 2019 Presidency: How PDP Exposed Atiku’s Ignorance – Oby Ezekwesili by Friend01(m): 10:33am On Nov 03
Zico5:
I thought this woman was sane until recently I began to mind her utterances. She thought she knows it all whereas she is delusional. She complains about anything whereas her life is far from being perfect. I wonder how her husband cope with such egocentric woman. may God have mercy on u.


You said nothing special my friend.
Just admit you can never be up to her level.
She made a point why not counter the point instead of attacking her personality typical ad hominem is the only weapon intellectual weaklings can throw in the ring of intellectual battle.
You can keep consoling yourself with likes you've garnered thinking you have made a point worthy of note.

4 Likes

Re: 2019 Presidency: How PDP Exposed Atiku’s Ignorance – Oby Ezekwesili by opribo(m): 10:38am On Nov 03
If you dpnt know how to do it say so and let those who know teach you. Instead of openinh your wode mouth to condemn those who say it can be done.
Re: 2019 Presidency: How PDP Exposed Atiku’s Ignorance – Oby Ezekwesili by loswhite(m): 10:38am On Nov 03
efilefun:
can you point out any lie in the analysis oponu omo ale jati jati
a barrel of crude oil produces different products in different proportion.
Re: 2019 Presidency: How PDP Exposed Atiku’s Ignorance – Oby Ezekwesili by loswhite(m): 10:42am On Nov 03
I'm not a fan of the we will reduce petroleum price to 90 naira.... infact I don't want promises, just come and tell us how you plan to achieve your agenda so we can do feasibility study ourselves and conclude if u have a plausible strategy
Re: 2019 Presidency: How PDP Exposed Atiku’s Ignorance – Oby Ezekwesili by Oolawepo(m): 10:51am On Nov 03
17Ebiscoo:
The presidential candidate of Allied Congress Party of Nigeria, ACPN, Dr. Oby Ezekwesili, has stated that the Peoples Democratic Party, PDP, has exposed the ignorance of its flag bearer Atiku Abubakar, with its statement on price of fuel.

Ezekwesili said PDP’s claim that Atiku will reduce pump price of petrol to N90 only showed that the former Vice President was ignorant of the economy.

In a statement during the week, the PDP promised Nigerians that it will “crash fuel
pump price to N90,” if returned to power.

But in a statement made available to DAILY POST and signed by the National Chairman of ACPN, Gani Galadima, Ezekwesili said the main opposition party was only trying to deceive Nigerians.

whats her own with Atiku

The statement said, “Today, the People’s Democratic Party, PDP, reminded us of why both they and the APC are one of the same, fielding a single candidate
called #BuTiku.

“This is 419, and it betrays the PDP candidate’s ignorance of how
Basic Economics and the solutions Nigeria truly needs.

“The country ended 2018 with 4trillion of Fiscal Deficit.

“Where will they find money to slash fuel price? Even if FG had such money, is it because they want another round of Subsidy-Slush Fund that they want to take the country deeper into the corrupted and market-distorting fuel price fixing method?

“The Obiageli Ezekwesili For President 2019 campaign is all for market-determined pricing which will end up more favourable to the poor who have been and continue bearing the effect of corrupted subsidy regimes more while the rich enjoy the benefits.

“This is a reminder to Nigerians that Abubakar Atiku’s so-called and questionable business acumen does not qualify him to run this economy. Obiageli Ezekwesili is the only candidate in the race who has built and rebuilt national economies in Nigeria and outside, with a track record to show for it.”

https://www.mcebisco.com.ng/2018/11/2019-presidency-how-pdp-exposed-atikus.html
Re: 2019 Presidency: How PDP Exposed Atiku’s Ignorance – Oby Ezekwesili by toolovely(m): 10:54am On Nov 03
Ivy, y are certainly the ignorant one here. I may not be an economist but I know that before now, the fg was paying less for subsidy and the price of pms was less. Even though the subsidy claims were inflated. Now, the subsidy claims have tripped and the price of fuel gone higher. That means something bis wrong. So, if things are done properly, you don't need be borrow any money to service the subsidy, rather finding out why the claims were trippled and the price of pms this high. Any body who will want to leverage on this present status is corrupt.
Re: 2019 Presidency: How PDP Exposed Atiku’s Ignorance – Oby Ezekwesili by blaise26abj(m): 11:01am On Nov 03
efilefun:
With crude at $80/bbl and exchange rate at N305/$? (special fx by FG for importers)

A barrel of crude is about 159 liters of crude.

Just dividing the $80 (N24,400) by 159 liters already gives a price of N153.4/liter without any processing.

So, by the time you factor in refining and transportation costs, THERE IS NO WAY the price will come as low as the 85/90 naira price PDP are claiming to reduce the price to.

But the unfortunate blockhead yoots won't see thru the lies but keep screaming Atikulooting.

It takes 2 years to build a refinery . It shows how visionless and clueless buhari is. Imagine Waiting for Dangote to build a refinery to help the domestic consumption. What have they done to encourage modular refineries from springing up? The same buhari promised that all they needed to do to fix it was remove subsidy and Nigerians gave them the go ahead. No strikes , no fights. Yet , now he still pays subsidy.

All I would like to know is how does Atiku plan to do this? Promises without a clear cut plan are just insufficient. And the earlier we Nigerians start asking the hows, the better, orwe will remain stagnant. After all APC promised $1 to N1 and nobody asked how
Re: 2019 Presidency: How PDP Exposed Atiku’s Ignorance – Oby Ezekwesili by Moukandjo: 11:04am On Nov 03
Ijaya123:
Madam Oby, you just nailed it in the head...

Waiting for misguided ipob miscreants to start casting aspersions on their own ‘daughter’ here and start worshipping a Fulani man.

Confused and gullible set of being.



If truly you're brothers, then it is very rare to see one of them reason this way. Too much sentiment in all their doings.
What do you expect from the IPIGs? You should know they're slaves to the rest of Nigeria na! You think it's easy to abandon an Ojukwu, who they claim they adore so much, just to enslave themselves to a Yoruba man?
Now, their sister, Oby, is pointing out the idiocy of Atiku & PDP, & they want to eat her alive! Their hatred for Buhari is more than the love for themselves!
I just weak for those people!
Re: 2019 Presidency: How PDP Exposed Atiku’s Ignorance – Oby Ezekwesili by futurepro: 11:04am On Nov 03
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Re: 2019 Presidency: How PDP Exposed Atiku’s Ignorance – Oby Ezekwesili by EDOLUWA: 11:06am On Nov 03
Instead of you to tell us your plan for the country you are busy criticizing.

You will soon realise you are wasting your time and your followers are not quite aware you are using them to make fame in this political game.
Re: 2019 Presidency: How PDP Exposed Atiku’s Ignorance – Oby Ezekwesili by obailala(m): 11:07am On Nov 03
Onyenazumu87:
This woman is sounding like a mad person. What has she said about Buhari's promise to make fuel #40 Naira and 1 dollar= 1 Naira? This woman has clearly proven that she's working for APC. APC wants to use her to split vote in the South East because of Obi. But we are all fully #Atikulated
What makes her a mad woman? speaking the truth?
Re: 2019 Presidency: How PDP Exposed Atiku’s Ignorance – Oby Ezekwesili by BluntBoy(m): 11:07am On Nov 03
Onyenazumu87:
This woman is sounding like a mad person. What has she said about Buhari's promise to make fuel #40 Naira and 1 dollar= 1 Naira? This woman has clearly proven that she's working for APC. APC wants to use her to split vote in the South East because of Obi. But we are all fully #Atikulated

Can't you read? You didn't see where she said that Atiku and Buhari are the same? Go back and read the OP and you will see that she called Atiku and Buhari "BuTiku" which means she is applying the same brush on both of them.
Re: 2019 Presidency: How PDP Exposed Atiku’s Ignorance – Oby Ezekwesili by BabbanBura(m): 11:09am On Nov 03
ajon1:
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Re: 2019 Presidency: How PDP Exposed Atiku’s Ignorance – Oby Ezekwesili by obailala(m): 11:13am On Nov 03
EasternActivist:
I though this woman is learned.

If we have our refineries up and running won't it crash the fuel price even more to N80 or lower?

Smh for this woman.
Even if our refineries were working, the only way petrol can be sold for N80 is if the govt subsidises it; or if our economy picks up so well that $1 becomes less than N100.

At $80/barrel, petrol should sell for about N150. If the govt then decides to just peg the price at N80, that already means a foregone ~N70 per litre which the govt would have made if it had just sold the crude at $80. You really do think you're smarter than Oby?
Re: 2019 Presidency: How PDP Exposed Atiku’s Ignorance – Oby Ezekwesili by justkaycee1(m): 11:19am On Nov 03
efilefun:
With crude at $80/bbl and exchange rate at N305/$? (special fx by FG for importers)

A barrel of crude is about 159 liters of crude.

Just dividing the $80 (N24,400) by 159 liters already gives a price of N153.4/liter without any processing.

So, by the time you factor in refining and transportation costs, THERE IS NO WAY the price will come as low as the 85/90 naira price PDP are claiming to reduce the price to.

But the unfortunate blockhead yoots won't see thru the lies but keep screaming Atikulooting.

You tried in your analysis but you have fallen short.
From your analysis, 153.4 is the cost per litre of crude. That same crude contains kerosene, petrol, diesel, heavy oils, gas. These ones too contribute to the 153.4. So if petrol makes up 40% of the crude, then the real petrol cost per litre is 61.36. Factor in your processing cost and you still make profit at 90. Don't forget that Dangote refinery will be operational from 2019 so you can remove logistics cost. He might also have plans to get the local refineries working. So listen more and judge less.
Re: 2019 Presidency: How PDP Exposed Atiku’s Ignorance – Oby Ezekwesili by Naijiant: 11:19am On Nov 03
How Al Jazeera's Mehdi Hasan exposed Oby Ezekwesili's ignorance:
https://www.naijiant.com/videos/from-madam-due-process-to-madam-public-embarrassment/
Re: 2019 Presidency: How PDP Exposed Atiku’s Ignorance – Oby Ezekwesili by wolexter(m): 11:20am On Nov 03
Well done ma. This woman is a future president of Nigeria cos im sabi - knock on wood, 2023 is your time ma. May God keep us.

Right here is further confirmation that Atiku is a scam. In the mean time, madam pls take a chill pill and allow PMB further destroy the structures that have been hampering the growth and progress of Nigeria so that you can come in and easily take us to the promised land. PMB's role is to clear the jagajaga as im nor sabi economics, so that someone like Oby can build.

Imagine a sane Nigerian shouting atikulate upandan! A former vice- president who became wealthy as a customs officer and was part of the people that looted us thin!

We can't go back to Egypt abegi.
Re: 2019 Presidency: How PDP Exposed Atiku’s Ignorance – Oby Ezekwesili by Zico5(m): 11:28am On Nov 03
Friend01:



You said nothing special my friend.
Just admit you can never be up to her level.
She made a point why not counter the point instead of attacking her personality typical ad hominem is the only weapon intellectual weaklings can throw in the ring of intellectual battle.
You can keep consoling yourself with likes you've garnered thinking you have made a point worthy of note.

Just check urself out if u make meaning with ur senseless counter. I pity u
Re: 2019 Presidency: How PDP Exposed Atiku’s Ignorance – Oby Ezekwesili by fof1: 11:29am On Nov 03
17Ebiscoo:
The presidential candidate of Allied Congress Party of Nigeria, ACPN, Dr. Oby Ezekwesili, has stated that the Peoples Democratic Party, PDP, has exposed the ignorance of its flag bearer Atiku Abubakar, with its statement on price of fuel.

Ezekwesili said PDP’s claim that Atiku will reduce pump price of petrol to N90 only showed that the former Vice President was ignorant of the economy.

In a statement during the week, the PDP promised Nigerians that it will “crash fuel
pump price to N90,” if returned to power.

But in a statement made available to DAILY POST and signed by the National Chairman of ACPN, Gani Galadima, Ezekwesili said the main opposition party was only trying to deceive Nigerians.

The statement said, “Today, the People’s Democratic Party, PDP, reminded us of why both they and the APC are one of the same, fielding a single candidate
called #BuTiku.

“This is 419, and it betrays the PDP candidate’s ignorance of how
Basic Economics and the solutions Nigeria truly needs.

“The country ended 2018 with 4trillion of Fiscal Deficit.

“Where will they find money to slash fuel price? Even if FG had such money, is it because they want another round of Subsidy-Slush Fund that they want to take the country deeper into the corrupted and market-distorting fuel price fixing method?

“The Obiageli Ezekwesili For President 2019 campaign is all for market-determined pricing which will end up more favourable to the poor who have been and continue bearing the effect of corrupted subsidy regimes more while the rich enjoy the benefits.

“This is a reminder to Nigerians that Abubakar Atiku’s so-called and questionable business acumen does not qualify him to run this economy. Obiageli Ezekwesili is the only candidate in the race who has built and rebuilt national economies in Nigeria and outside, with a track record to show for it.”

https://www.mcebisco.com.ng/2018/11/2019-presidency-how-pdp-exposed-atikus.html


THIS IDLE TALKERTIVE OR ARROGANTLY FLIPPANT CHATTER BOX SHOULD GO TO D CLASS ROOM. GOVERNANCE IS NOT CLASSROOM OR AN ACADEMIC EXERCISE. SHE IS PLANTED FOR A PURPOSE. SELF SEEKING AND SELF SERVING AGENDA. THERE IS MOTHING IMPOSSIBLE ABOUT WHAT THEY HAVE PUT FORWARD. LET THEM TELL US THEIR SOLUTIONS, THAT'S ALL.
Re: 2019 Presidency: How PDP Exposed Atiku’s Ignorance – Oby Ezekwesili by djon78: 11:30am On Nov 03
PNomsule:


I admire your analysis but hell, this is it. The workings of any economy isn't static owing to varying factors which could lead to the appreciation of it's currency.

With the inevitable change in govt (with Atiku at the helms), it would receive a colossal acceptance from the already tired masses leading of course to stability of the polity. This in itself would give rise to monetary speculations favourable to the Naira (I hope u know what I mean).

Atiku being an accomplished bussines man with track record and in synergy with his deputy who equally is an astute intellectual in bussines, working business models and it's associated paraphernalia, sure as hell would have revitalized and revamp the Nigerian economy into a world recognized working model (you aren't oblivious of the massive Nigerian resources in human and mineral stocks that abound within and without the country), hence you will agree that these variables would have ignited a rapid drop in Inflation rate...
What these would have achieved for us is a Naira that is strong, virile and robust, literally appreciated amongst the comity of currencies and you by now know what it neans, an exchange rate less than N180 to a $, do the beautiful arithmetic you had previously done using the revised parameters I have posited and see if Pump Price of Fuel wouldn't sell for the proposed figure by the PDP Atiku-Obi camp!

2019 Atiku or nothing, and by the way, who takes this Ezekwesili woman serious sef...she always appears to me as the last 4 letters in her name.


I think you sounded more convincing especially in the area of exchange rate. We all knew the exchange rate of Naira before this present administration took over.

My own question is that apart from subsidy or petroleum price reduction, there are serious major areas that needs to be addressed as quick as possible, such as


1. Exchange rate

2. Price of food

2. Infrastructures such as power, roads, railway

4. Reviving the industrial/manufacturing sector

5. Enhancing our economy to focus more on knowledge based sector to position it to maximize its participation in the global economy

6. Housing, creating up to 10 new mega cities

7. Affordable and available healthcare for ordinary Nigerians

8. Education (although I believe this should be among the first)

9. Improving values, attitude and respect of life and cultures set by our progenitors

These are the critical areas that needs to be addressed. If these are not immediately tackled the condition of the nation will be getting worse.
This is a very serious challenge for any administration coming in to governance in 2019.
There is fire on the mountain

1 Like

Re: 2019 Presidency: How PDP Exposed Atiku’s Ignorance – Oby Ezekwesili by djon78: 11:37am On Nov 03
justkaycee1:


You tried in your analysis but you have fallen short.
From your analysis, 153.4 is the cost per litre of crude. That same crude contains kerosene, petrol, diesel, heavy oils, gas. These ones too contribute to the 153.4. So if petrol makes up 40% of the crude, then the real petrol cost per litre is 61.36. Factor in your processing cost and you still make profit at 90. Don't forget that Dangote refinery will be operational from 2019 so you can remove logistics cost. He might also have plans to get the local refineries working. So listen more and judge less.


Thank you so much for that clear cut analysis!!!
He and the other guy were sounding very vague!!

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