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Why Former US President Bill Clinton Is Visiting Buhari, Atiku - Politics (4) - Nairaland

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Re: Why Former US President Bill Clinton Is Visiting Buhari, Atiku by Babacele: 5:09am On Feb 12
bigfish3k:


propagandist . zombie . liar

am just tired of repeating the same things to zombies. just one question for u

do u think that the policy of removing the CJN by the president will attract foreign investors?
The CCT reccomended the suspwndion of the ex-CJN pending the determination of a suit against him. No sane foreign investor would risk bringing his money into an economy where the CJN forgets N1billion ,55houses and etc The joke is on you bro.

Rather such investors would be happy that the judiciary is being fumigated against corruption ( a dangerous anti-investment), and hopefully expectedly bring in their investments.
Re: Why Former US President Bill Clinton Is Visiting Buhari, Atiku by bigfish3k: 10:27am On Feb 12
Babacele:
The CCT reccomended the suspwndion of the ex-CJN pending the determination of a suit against him. No sane foreign investor would risk bringing his money into an economy where the CJN forgets N1billion ,55houses and etc The joke is on you bro.

Rather such investors would be happy that the judiciary is being fumigated against corruption ( a dangerous anti-investment), and hopefully expectedly bring in their investments.

so u mean that investors will bring their money where due process is not followed, rule of law is not followed, court orders are disobeyed.
oyibos dont behave that way. they want something written in black and white and obeyed. not this rigmarole u people are rigmaroling on this CJN case.
with the way u treated the CJN which the UN has condemned. no investor will bring its money in an unstable judiciary and economy which will in turn increase unemployment and u people will later blame it on PDP 16yrs
Re: Why Former US President Bill Clinton Is Visiting Buhari, Atiku by bigfish3k: 10:33am On Feb 12
jpphilips:


Do you really know what or who a foreign investor is?

no sir, please educate me

but all i know is that they help the economy to grow and also create employment for the citizenry

with the way u treated the CJN they will run away because they are not sure of getting justice if anything goes wrong. APC will later turn around and blame the unemployment and bad economy on 16yrs of PDP when in actual sense they are the ones causing commotion in the economy
Re: Why Former US President Bill Clinton Is Visiting Buhari, Atiku by Babacele: 12:16pm On Feb 12
bigfish3k:


so u mean that investors will bring their money where due process is not followed, rule of law is not followed, court orders are disobeyed.
oyibos dont behave that way. they want something written in black and white and obeyed. not this rigmarole u people are rigmaroling on this CJN case.
with the way u treated the CJN which the UN has condemned. no investor will bring its money in an unstable judiciary and economy which will in turn increase unemployment and u people will later blame it on PDP 16yrs
holy heck! What do you mean by due process? That the CCT isn't the sole law court handling asset declarations cases in Nigeria or what ? Or when a rogue off leash suspends the NJC indefinitely to protect his illegality is what you mean by ' due process' ? When an armless robber wants to rape your wife ,you can throw away the bottle in your hands ,allow the robber enjoy himself ,and gleefully have an agreement with him on when he would appear before the law to answer to the rape charge you would institute against him; at least he has certain fundamental human rights too , and all na due process! BS!

Do you remember what that UK judge that sentenced Ibori and his family to jail said about Nigerian judiciary? Or you have forgotten how former British Prime minister David Cameron was caught on Camera telling the Queen about how corrupt we are but for Buhari's boldness cutting him to size , accusing the western world of abhoring these thieves ? Have you no memory of the different damning security reports on our systems ,have you?
While America is regretting bringing a fraud to government ,and doing everything through Mueller's investigations ,and several others too, to purge their government of the cancer Trump has become, we ain't gona allow rogues who would sell NNPC to self, forget N1billion and 55 houses while ordinary Nigerians live in poverty or who can magically make $16b bring utter darkness ever rule us again . Let us meet by FeBuhari 16.
Re: Why Former US President Bill Clinton Is Visiting Buhari, Atiku by bigfish3k: 3:27pm On Feb 12
Babacele:
holy heck! What do you mean by due process? That the CCT isn't the sole law court handling asset declarations cases in Nigeria or what ? Or when a rogue off leash suspends the NJC indefinitely to protect his illegality is what you mean by ' due process' ? When an armless robber wants to rape your wife ,you can throw away the bottle in your hands ,allow the robber enjoy himself ,and gleefully have an agreement with him on when he would appear before the law to answer to the rape charge you would institute against him; at least he has certain fundamental human rights too , and all na due process! BS!

Do you remember what that UK judge that sentenced Ibori and his family to jail said about Nigerian judiciary? Or you have forgotten how former British Prime minister David Cameron was caught on Camera telling the Queen about how corrupt we are but for Buhari's boldness cutting him to size , accusing the western world of abhoring these thieves ? Have you no memory of the different damning security reports on our systems ,have you?
While America is regretting bringing a fraud to government ,and doing everything through Mueller's investigations ,and several others too, to purge their government of the cancer Trump has become, we ain't gona allow rogues who would sell NNPC to self, forget N1billion and 55 houses while ordinary Nigerians live in poverty or who can magically make $16b bring utter darkness ever rule us again . Let us meet by FeBuhari 16.

all these things u said, i cant remember nor have i heard about them. the same people u are quoting has through the UN told u that what was done to onnogen is illegal and against human rights
due process is allowing NJC to do their work in the case of judiciary
u de-robe the CJN, the same with army officers- u court martial them before handing them over to the courts for trial.
the CCT can only recommend punishment after conviction. he has not been convicted. he wrote admittance as the law requires for u to be free. thats the law. how can u now convict somebody that followed the law and admitted in writing. Thats the law.

that means the CCT that is under the supervision of the SFG can order for the removal of a CJN, u are misquoting the law.
what am still telling u is that any new CJN having the knowledge that the law does not protect him against the presidency will only be given judgements that favors the president, he will take permission from the president before delivering a judgement so that he wouldnt be suspended. thats the worst form of judgement. onnogen said he made his money legally, having 55 houses is not a crime, having N1b is not a crime as there is no limit or ceiling to what a CJN should have

in the corruption u are talking about, u should paint all politicians with the same brush - they are all the same in corruption including fashola, tinubu, amaechi, akpabio, buhari,fayemi, oshiomole, etc though like atiku whom u are accusing , none of them have been convicted, they are all mere allegations.

lol, america economy is best now, only the opposition democrats wants to remove him because of the painful defeat they suffered in his hands. investigations that has lasted almost three yrs now (despite their advanced technology) without any concrete evidence that the elections was tampered with by russia. the best they could get was that there was an attempt but it didnt succeed. trump is innocent, he won fair and square and he will also win a second term because their economy is booming which is the main thing unlike here that we entered recession and lost jobs and too much hunger
if u are a father, u will understand what we are going through in this govt that u want to return
Re: Why Former US President Bill Clinton Is Visiting Buhari, Atiku by Babacele: 4:10pm On Feb 12
bigfish3k:


all these things u said, i cant remember nor have i heard about them. the same people u are quoting has through the UN told u that what was done to onnogen is illegal and against human rights
due process is allowing NJC to do their work in the case of judiciary
u de-robe the CJN, the same with army officers- u court martial them before handing them over to the courts for trial.
the CCT can only recommend punishment after conviction. he has not been convicted. he wrote admittance as the law requires for u to be free. thats the law. how can u now convict somebody that followed the law and admitted in writing. Thats the law.

that means the CCT that is under the supervision of the SFG can order for the removal of a CJN, u are misquoting the law.
what am still telling u is that any new CJN having the knowledge that the law does not protect him against the presidency will only be given judgements that favors the president, he will take permission from the president before delivering a judgement so that he wouldnt be suspended. thats the worst form of judgement. onnogen said he made his money legally, having 55 houses is not a crime, having N1b is not a crime as there is no limit or ceiling to what a CJN should have

in the corruption u are talking about, u should paint all politicians with the same brush - they are all the same in corruption including fashola, tinubu, amaechi, akpabio, buhari,fayemi, oshiomole, etc though like atiku whom u are accusing , none of them have been convicted, they are all mere allegations.

lol, america economy is best now, only the opposition democrats wants to remove him because of the painful defeat they suffered in his hands. investigations that has lasted almost three yrs now (despite their advanced technology) without any concrete evidence that the elections was tampered with by russia. the best they could get was that there was an attempt but it didnt succeed. trump is innocent, he won fair and square and he will also win a second term because their economy is booming which is the main thing unlike here that we entered recession and lost jobs and too much hunger
if u are a father, u will understand what we are going through in this govt that u want to return
What court handles asset declaration issues in Nigeria as reiterated by Onnoghen (JSC) 2013?

What what part of the Nigerian constitution says that the President must not obey a CCT instruction to suspend a questionable judge based on the weight of the evidence before it?

Oshiomole ,Tinubu etc if you have any evidence against them why not prosecute them instead making abi PDP presidents ,spouses and other officials are not being prosecuted?

No ,you must be living in cave not to have known about Ibori's case and co.

Which American economy? You must be kidding.

Okonjo Iweala admitted in 2014 that they have plunged the country into a recession , so you are accusing the wrong administration.
Re: Why Former US President Bill Clinton Is Visiting Buhari, Atiku by bigfish3k: 5:10pm On Feb 12
Babacele:
What court handles asset declaration issues in Nigeria as reiterated by Onnoghen (JSC) 2013?

What what part of the Nigerian constitution says that the President must not obey a CCT instruction to suspend a questionable judge based on the weight of the evidence before it?

Oshiomole ,Tinubu etc if you have any evidence against them why not prosecute them instead making abi PDP presidents ,spouses and other officials are not being prosecuted?

No ,you must be living in cave not to have known about Ibori's case and co.

Which American economy? You must be kidding.

Okonjo Iweala admitted in 2014 that they have plunged the country into a recession , so you are accusing the wrong administration.

i know iboris case, credit should be given to jonathan that pursued him to dubai then london
u can find out, american economy is bubbling, He met unemployment rate at 5% as at december it was 3.9%, because of the shutdown it now stands at 4%. thats improvement

but here u keep blaming past govt despite all the moneys u have recovered
despite the fuel increase to N145 and diesel to N260 and kerosene to N400
despite the TSA,despite the BVN
despite the 5% taxation on banking deposit transactions
despite all the borrowings which is 4x what PDP borrowed in 16yrs
despite the increase in tariffs to bring in things
despite the increase in excise duties
despite the increase in our telecommunication tariffs
we are paying more for everything now - bread ,rice beans, plantain , sugar, wheat , flour, schl fees, house rent, etc while salaries are being reduced

so u want to tell me that if we had had a listening and educated president we will still have entered recession, u want to tell me that we will still have our naira so depreciated to N500 to a dollar. didnt u feel it, when the educated osinbajo handled the economy and naira regained itself up to N360 to a dollar that we are still in today. my brother stop reinforcing failure, with this govt there is no light at the end of the tunnel. we will just be inundated with different kinds of excuses for non performance just like when u quoted ngozi okonjo iweala and soludos prediction as an excuse. remember amaechis assertions of the president in his video leaks. they know all the truth
a good govt , having gotten wind of the impending doom suppose to avert it , not relishing in giving us excuses why the doom befell us. a sitting govt should take the blame.
i know that if u are asked in an interview what year we had recession and in whose govt., hope u wouldnt start mentioning jonathan, soludo and ngozi. You should say the right thing: 2016 and 2017 and in Buharis govt

am surprised that u are now talking of evidence when it concerns tinubu and oshiomole and akpabio, fayemi, fashola. etc all these people have written petitions against them but the EFCC chose to ignore
if u are not biased why didnt u ask for evidence before accusing atiku and co.

if PMB is not corrupt why did he raise gandollars hands despite overwhelming evidence against him. remember the adage that says "show me ur friend and i will tell u who u are"
Re: Why Former US President Bill Clinton Is Visiting Buhari, Atiku by Babacele: 7:55am On Feb 13
bigfish3k:


i know iboris case, credit should be given to jonathan that pursued him to dubai then london
u can find out, american economy is bubbling, He met unemployment rate at 5% as at december it was 3.9%, because of the shutdown it now stands at 4%. thats improvement

but here u keep blaming past govt despite all the moneys u have recovered
despite the fuel increase to N145 and diesel to N260 and kerosene to N400
despite the TSA,despite the BVN
despite the 5% taxation on banking deposit transactions
despite all the borrowings which is 4x what PDP borrowed in 16yrs
despite the increase in tariffs to bring in things
despite the increase in excise duties
despite the increase in our telecommunication tariffs
we are paying more for everything now - bread ,rice beans, plantain , sugar, wheat , flour, schl fees, house rent, etc while salaries are being reduced

so u want to tell me that if we had had a listening and educated president we will still have entered recession, u want to tell me that we will still have our naira so depreciated to N500 to a dollar. didnt u feel it, when the educated osinbajo handled the economy and naira regained itself up to N360 to a dollar that we are still in today. my brother stop reinforcing failure, with this govt there is no light at the end of the tunnel. we will just be inundated with different kinds of excuses for non performance just like when u quoted ngozi okonjo iweala and soludos prediction as an excuse. remember amaechis assertions of the president in his video leaks. they know all the truth
a good govt , having gotten wind of the impending doom suppose to avert it , not relishing in giving us excuses why the doom befell us. a sitting govt should take the blame.
i know that if u are asked in an interview what year we had recession and in whose govt., hope u wouldnt start mentioning jonathan, soludo and ngozi. You should say the right thing: 2016 and 2017 and in Buharis govt

am surprised that u are now talking of evidence when it concerns tinubu and oshiomole and akpabio, fayemi, fashola. etc all these people have written petitions against them but the EFCC chose to ignore
if u are not biased why didnt u ask for evidence before accusing atiku and co.

if PMB is not corrupt why did he raise gandollars hands despite overwhelming evidence against him. remember the adage that says "show me ur friend and i will tell u who u are"

BS ! I said a UK judge lambasted the Nigerian judiciary and you are talking about Jonathan...
Which American economy? like Trump ,like PDP - always forging figures to perpetuate fraud....What caused US government shortdown , embargo on US food exports in China and Mexico? Why did Trump's party lost massively in the recent midterm elections in the US- an appreciation of his growing the US economy ? The joke,once again,is on you.

PDP brought recession in 2014 during an oil boom stealing more than $400b under Jonathan alone. Under his clueless nose ,during an oil boom, the naira rose from N119 to N240 which is 120% but N350 under Buhari 110% with 40% revenue compared to GEJ who depleted both domestic and foreign reserve with nothing to show for it apart from evil stuffs like the $45m in ikoyi toilet; and from the 40% revenue PMB has done more development work than all the 16 years of PDP with more time, money, goodwill and resources.

Maybe you don't understand what a recession means self and I am here wasting my time. Okonjo shamefully admitted they plunged the country into recession in 2014? True or false?

TSA, BVN etc what about them. can you tell how much has been recovered ?


When PDP couldn't pay salaries, Pmb just coming in as President gave bail outs , and has been consistently helping out states to clear the PDP mess which their looting put us during a boom!

In an interactive session with Kano indigenes in Poland, Pmb tried provoked the Ganduje discuss but he was shocked by the responses. Truth is the case is still under investigation, and until then all you wailers can go on wailing.

Our power sector, infrastructure, foreign reserve, non-oil economy etc are growing just in 3 1/2 years which means Buhari is working pretty hard!
Let us meet by FeBuhari 16 to settle scores!
Re: Why Former US President Bill Clinton Is Visiting Buhari, Atiku by bigfish3k: 11:33am On Feb 13
Babacele:
BS ! I said a UK judge lambasted the Nigerian judiciary and you are talking about Jonathan...
Which American economy? like Trump ,like PDP - always forging figures to perpetuate fraud....What caused US government shortdown , embargo on US food exports in China and Mexico? Why did Trump's party lost massively in the recent midterm elections in the US- an appreciation of his growing the US economy ? The joke,once again,is on you.

PDP brought recession in 2014 during an oil boom stealing more than $400b under Jonathan alone. Under his clueless nose ,during an oil boom, the naira rose from N119 to N240 which is 120% but N350 under Buhari 110% with 40% revenue compared to GEJ who depleted both domestic and foreign reserve with nothing to show for it apart from evil stuffs like the $45m in ikoyi toilet; and from the 40% revenue PMB has done more development work than all the 16 years of PDP with more time, money, goodwill and resources.

Maybe you don't understand what a recession means self and I am here wasting my time. Okonjo shamefully admitted they plunged the country into recession in 2014? True or false?

TSA, BVN etc what about them. can you tell how much has been recovered ?


When PDP couldn't pay salaries, Pmb just coming in as President gave bail outs , and has been consistently helping out states to clear the PDP mess which their looting put us during a boom!

In an interactive session with Kano indigenes in Poland, Pmb tried provoked the Ganduje discuss but he was shocked by the responses. Truth is the case is still under investigation, and until then all you wailers can go on wailing.

Our power sector, infrastructure, foreign reserve, non-oil economy etc are growing just in 3 1/2 years which means Buhari is working pretty hard!
Let us meet by FeBuhari 16 to settle scores!

you just be lying up and down against trump. i know u people hate him
democrats still control the senate. and u are here talking about massive defeat. lol
u people like changing narratives upside down. i tire oo. Trade war started by the US caused it.GOD has given the US power to control the world whether militarily, economically, socially etc. who are u to ban US products. US products that the world cannot do without and there is nothing anybody can do about it. Iran, Russia, China can only try to catch up. US is the strongest economy in the world and also the strongest military in the world. the US increased tariffs on chinas goods and china retaliated, and now china is feeling the heat , they have now come to renegotiate, if am lying ask Turkey, their currency and economy started tumbling when US imposed sanctions. also ask Iran what they are going through now also ask Sudan , ask venezuela. the US currency is used worldwide. i know that if u are given choice between naira and dollars, i know u will choose US dollars, so stop hating them. u cant do without them.

TSA and BVN have helped to curb loses in revenue so this FG has made more revenue than others from its agencies like JAMB . so all these extra money and the increase in fuel price, stamp duty charge on bank deposits, increase in tariffs and excise duties etc have covered up for any shortfall in the price of oil in the int'l market
dont forget that "according to them that they are no longer paying subsidies" therefore all these excuses of low oil price does not hold water.

but u didnt answer my question.
if u are asked in an interview when recession started and in whose govt, what will u answer
to help u out , u can also check google for the correct answer. so stop rigmaroling on what ngozi okonjo iweala said. btw , since when did u start believing her.
imagine ur hypocrisy.
u mean that onnogen can be investigated under two days and removed the following week but gandollar whose video and evidence went viral is still being investigated after more than four months instead PMB rewarded him by raising his hands for re-election. hmnm, so much for anti corruption fight.
Re: Why Former US President Bill Clinton Is Visiting Buhari, Atiku by Babacele: 12:24pm On Feb 13
bigfish3k:


you just be lying up and down against trump. i know u people hate him
democrats still control the senate. and u are here talking about massive defeat. lol
u people like changing narratives upside down. i tire oo. Trade war started by the US caused it.GOD has given the US power to control the world whether militarily, economically, socially etc. who are u to ban US products. US products that the world cannot do without and there is nothing anybody can do about it. Iran, Russia, China can only try to catch up. US is the strongest economy in the world and also the strongest military in the world. the US increased tariffs on chinas goods and china retaliated, and now china is feeling the heat , they have now come to renegotiate, if am lying ask Turkey, their currency and economy started tumbling when US imposed sanctions. also ask Iran what they are going through now also ask Sudan , ask venezuela. the US currency is used worldwide. i know that if u are given choice between naira and dollars, i know u will choose US dollars, so stop hating them. u cant do without them.

TSA and BVN have helped to curb loses in revenue so this FG has made more revenue than others from its agencies like JAMB . so all these extra money and the increase in fuel price, stamp duty charge on bank deposits, increase in tariffs and excise duties etc have covered up for any shortfall in the price of oil in the int'l market
dont forget that "according to them that they are no longer paying subsidies" therefore all these excuses of low oil price does not hold water.

but u didnt answer my question.
if u are asked in an interview when recession started and in whose govt, what will u answer
to help u out , u can also check google for the correct answer. so stop rigmaroling on what ngozi okonjo iweala said. btw , since when did u start believing her.
imagine ur hypocrisy.
u mean that onnogen can be investigated under two days and removed the following week but gandollar whose video and evidence went viral is still being investigated after more than four months instead PMB rewarded him by raising his hands for re-election. hmnm, so much for anti corruption fight.
God bless America!! I have never hidden my love for this new Atlantis. The wealth of freedom and development that democracy brings globally is birthed by the US , and I cannot for the love of Christ be against that awesome ideal ; Not in this lifetime nor in the next. Does criticizing Trump ,who is being exposed daily as a fraud, mean you hate America? Then, Clinton,Sanders, Bush, Pelosi, Obama, etc must hate their America ! Hahahaha.

It is obvious you don't know what is happening in the US presently. ' Democrat still control senate' ? What the heck is that! Oh what lies against Trump? mention the lies and let me upgrade you.

PDP brought recession in 2014, simple. Didnt Okonjo say it or not? Maybe i should ask you why she said that during an oil boom? What else do you want? Why was PDP kicked out in 2015?

If you ain't a fraud, you should have been sobered by the fact that Onnoghen , the supposed guardian of justice in Nigeria, has confessed to have contravened the asset law after he had been exposed before the CCT ,and not willingly before the suit. So he should be a judge in his own case to enable him pollute the process as he did with that indefinite suspension of the NJC? When you become president you can leave him in the eve of an all important election despite the weight of evidence before you so that he can bomb away your political blockoss! You must be joking!

Kano is a sovereignty and it is left for Kano folks to determine Ganduje's fate. PMB is no OBJ ,if not Fayose, Saraki, Wike etc would have been in hell. Thank PMB for raising the bar of democracy in Nigeria.
Re: Why Former US President Bill Clinton Is Visiting Buhari, Atiku by jpphilips(m): 7:49pm On Feb 13
bigfish3k:


no sir, please educate me

but all i know is that they help the economy to grow and also create employment for the citizenry

with the way u treated the CJN they will run away because they are not sure of getting justice if anything goes wrong. APC will later turn around and blame the unemployment and bad economy on 16yrs of PDP when in actual sense they are the ones causing commotion in the economy

There are international arbitration courts where foreign investors can seek redress, your bribe taking Onnoghen is not their problem.

1 Like

Re: Why Former US President Bill Clinton Is Visiting Buhari, Atiku by jpphilips(m): 8:01pm On Feb 13
JimD:


Ode. Its chromosomal not chromosonal. Who told you this same oil crisis didn't affect Nigeria in 2003? Have you even read about the Angolan Civil war. BTW, Angola has been in recession ever since with declining oil fields. In terms of oil production, investment and relative peace, Nigeria is not in league with Angola.

Just look at the nitwit I wasted a response on.
Re: Why Former US President Bill Clinton Is Visiting Buhari, Atiku by bigfish3k: 8:45pm On Feb 13
jpphilips:


There are international arbitration courts where foreign investors can seek redress, your bribe taking Onnoghen is not their problem.

in saner climes, they seek redress in the host country and if not satisfied then they can go international. that makes them having two options.
but here they will have only one option -- international arbitration
if its u where will u invest? a country with two options or the one with one option

btw, will he even obey international courts?
did he obey ECOWAS court on Dasuki?
Re: Why Former US President Bill Clinton Is Visiting Buhari, Atiku by jpphilips(m): 9:21pm On Feb 13
bigfish3k:


in saner climes, they seek redress in the host country and if not satisfied then they can go international. that makes them having two options.
but here they will have only one option -- international arbitration
if its u where will u invest? a country with two options or the one with one option

btw, will he even obey international courts?
did he obey ECOWAS court on Dasuki?


Where did Ogoni people sue shell for Saro-wiwa?
Where did Apple Sue Samsung?
Where did P& ID sue Nigeria?

Dasuki is now a foreign investor abi?
What you think is immaterial in the face of facts, your CJN debacle is a non issue with investors because they hardly use your courts, learn & keep quiet.

1 Like

Re: Why Former US President Bill Clinton Is Visiting Buhari, Atiku by jpphilips(m): 10:15am On Feb 14
bigfish3k:



Read this post very carefully, ask questions before you open that ignorant mouth of yours again in public, only in Nigeria you have a tailor discussing the economy.


IS BUHARI TRULY RESPONSIBLE FOR OUR ECONOMIC WOES?

A lot have been said about Buhari, how he brought hardship on Nigerians, how he is responsible for all the suffering in Nigeria, is that theory backed with facts and global economic realities or the shenanigans of few individuals basking in the Euphoria of ignorance?
Since I must make a choice between our present loud political gladiators, I armed myself with Economics textbooks and news archive, here is what i discovered.

Nigeria an oil producing and oil dependent economy suffered a global economic hit called crude oil price shock
it is the sudden drop in price of crude oil in the commodity trading market, it has occurred at different times in History nearly every decade. Countries that are hardest hit by crude shock are basically countries that not only produce crude oil in significant amount but solely depend on it as their foreign exchange earner. While oil shocks have asymmetric effects in oil-exporting developing countries; lower oil prices lead to major revenue cuts and ensuing stagnation in the economy, but higher oil prices and accompanying higher revenues do not translate into sustained economic growth.

What are the effects of crude shock in oil producing developing economies?

Forex scarcity: Most developing economies whether oil producing or not, depend on importation to survive, where foreign currency becomes scarce, industries, individuals that have significant need for forex will likely close shops giving birth to the second problem unemployment then finally the master Recession.

Unemployment: When industries no longer have forex to buy spare parts, can no longer afford raw materials, production slows, sales slows, profit eroded, workers sacked, since the volume of activities in the economy is directly proportional to the GDP, the GDP contracts and birth another economic monster Recession.

Recession is a chain reaction of unpalatable economic events that shows the economy is not experiencing growth but contracting, lets look at the effects of recession, high energy cost (energy in most developing economies are subsidized one way or another) crude shock and eventually recession erodes government revenues till a point where it could no longer afford subsidies and other things it used to afford.
In Nigeria where our Electricity Generation companies are subsidized, petroleum products are subsidized,you will understand that such partial or complete subsidy removal will quickly skyrocket the cost of living generally, transportation, cost of food etc are equally affected that leads to another monster called Inflation.

Inflation: is defined as a phenomenon where huge bills are in search of few goods, how is that possible? when the industries that produce goods closed down, imports could not be sustained due to Forex shortages where will the goods come from? the absence of those goods while the bills remain triggers inflation, causes hunger and eventually poverty and devaluation of local currency.

Devaluation is when global reserve currencies trade higher than your currency, of course you recall that an economy in crude shock first suffers Forex shortages, that robs the central bank (in the case of Nigeria) the ability to fix the currency at a reasonable exchange rate.
The local currency is allowed to float along a band the cbn thinks may not be too hurtful on the economy.
Forex ban is placed on certain commodities, debit cards like Visa, Mastercard et al are all placed on monthly transaction limits as a reflection of the reality of forex shortages.

Okonjo iweala then finance minister and coordinator of the economy actually warned Nigerians in 2014 long before buhari came that the level of mismanagement will bring hunger to us, read here: https://www.premiumtimesng.com/business/171145-brace-tougher-times-ahead-okonjo-iweala-tells-nigerians.html
If okonjo iweala saw this hunger in 2014, warned us about it, how can a sane person accuse buhari of bringing hardship?

Between 2015-2017, all these happened in the Nigerian economy, then I asked "are we the only oil dependent economies in the world? why us alone?
The answer took me to several countries in the world and I realized that other oil producing countries dont depend on oil alone, countries like Russia though the largest producer of crude oil in the world, has a robust defense industry that contribute significantly to its GDP, Russia equally enjoys large market shares in Gas distribution in Eurasia, by the time crude oil shock hit, Russia had over $400b in reserves,
It became clear that the only economic move that could hold off crude oil shock and other global economic shocks is a robust foreign exchange reserves (Savings).

Permit me to take you down our economic history, in 2008 during the global melt down, the then CBN governor prof. Chukwuma Charles soludo bragged that the Nigerian economy is immune to global shocks? That would have sounded ridiculous but it is true, what did he do? they launched an economic strategy called National Economic Empowerment And Development Strategy NEEDS.
This strategy recommended that once crude oil is sold, the balance above the budget benchmark is kept in an account called the ECA, by the time that government left and another took over in 2007, both the ECA & Foreign reserve account held over $68b in reserves, in a $200b economy at the time, that reserve was significant enough to whither any storm that came the way of our economy, Much later into the crisis, Nigeria later relaxed its exchange rate to 155 to a dollar. now we know that Nigeria had in the past stood resilience in the face of global shocks with a culture of Savings.

Global economic meltdown is worse than crude shock because in a meltdown, major economies are affected, capital flight becomes common in developing economies, crude oil customers reduce demand thereby pushing prices lower, the saddest part is that no country has money to borrow anyone during global meltdown, yet Nigeria Survived it with Soludo's brilliant strategy. A strategy that was blatantly refused by the previous administration when suggested by Iweala, recall that Iweala worked with Soludo in that NEEDS team.


Fast forward to 2015, Three out of the top four producers of crude oil in Africa by their production, Nigeria, Angola, Algeria and Egypt were all in recession even though Egypt does not significantly depend on oil but her economy was shattered. Algeria escaped recession because by 2014, just like Nigeria in 2008, Algeria had a foreign reserve balance of $194b in a $156.1b economy (122% of GDP in savings).You can see that the Robust reserve of Algeria was their savior in this modern crude oil shock era. The previous administration in Nigeria boasted of leaving behind a paltry $19b for a $500b economy at the time (3.8% of GDP), that amount is not even enough to pay for imports let alone absorb global shocks, so Nigeria can be rightly described in late 2014 as an oil dependent economy with no savings. How important is this savings?

Lets take our research to the Second largest producer of crude oil Angola, just like Nigeria with no significant savings, Angola's challenges needs no introduction, let facts speak for itself

Angola suffered severe Forex & currency challenges just like Nigeria. According to Bloomberg
They not only devalued their currency, they equally allowed it to float like Nigeria's
Angola devalued its currency as the OPEC member sought to revive an economy still reeling from the oil-price crash four years ago.

The kwanza fell 11 percent to 187.95 per dollar by 3:35 p.m. in Luanda and depreciated 10 percent to 221.75 against the euro. The move came a day after the central bank allowed the currency to weaken in its first auction of foreign exchange since announcing it would end a dollar peg that’s been in place since April 2016.....Bloomberg
https://www.bloomberg.com/news/articles/2018-01-09/angola-kwanza-weakens-in-first-currency-auction-after-peg-lifted

Borrowing to fund Budget deficits, just like Nigeria, Angola has borrowed to the point of requesting a bail out from the IMF
https://www.vanguardngr.com/2018/08/angola-says-to-request-4-5-bn-imf-loan-as-crisis-lingers/

Unemployment Rate in Angola increased to 20 percent in 2017 from 19.90 percent in 2016.
https://tradingeconomics.com/angola/unemployment-rate


Inflation in Angola was a whooping 23.67 percent in December 2017, data on the national statistics agency's website showed on Wednesday.
Price growth on a month-on-month basis rose to 1.47 percent in January from 1.2 percent previously.

Poverty in Angola
According to Angola's 2001 MPI, more than 77% of the population was multidimensionally poor. ... The latest available World Bank figure for income poverty in Angola, from 2008, shows that 36.6% of the population is income poor. Angola's population is currently estimated at 29.7 million.

I can go on and on the list is endless, as a matter of undeniable fact, Angola just like Nigeria are the largest producers in Africa, they practically did not save enough and they were hit hard by crude price shock. to balance the analysis, it will be unfair to discuss those that didn't save without giving kudos to those that saved, like i said previously, Algeria saved a whooping $194b when the going was good, as such its economy was immune to crude shock.

Russia like we said though had currency challenges during the period under review ostensibly because of western sanctions, Russia had over $400b in reserves by ending of 2014.

Saudi Arabia was immune to crude shock not without little currency & subsidy issues ostensibly because of its huge financing of the war in Yemen, they were sitting on a comfortable $732b by the end of 2014.

My country men, you can see that this suffering was brought upon us by mismanagement by the same people that are warming up to continue from where fate has left us, if buhari had $100b in our foreign reserve in 2015, we wont be hungry today, we wont lose our jobs, we wont lose our manufacturing industries, this is the truth that shall set us free!

Some even blamed it on Avengers attack of 2016

Niger delta avengers was a non issue, if you noticed, I expunged them from my initial analysis, here is why;
We were in crude shock from late 2014, Avengers struck in 2016, since 2014, your GDP wasn't showing any growth but retrogression or doldrums meaning you were heading towards recession anyways as a result of crude shock.

If Avengers did not strike, OPEC would have asked us to cut production to boost prices,
read:
https://www.bloomberg.com/news/articles/2016-09-28/opec-said-to-agree-on-first-oil-output-cut-in-eight-years

So Avengers or any form of production cut at the time was a non issue. OPEC gave us production cut waiver because Nigeria has already declared force-majore in most of its crude oil export channels.

Nigerian people, what is your present government doing to stem this tide that has shocked the fabrics of our nation to the Marrow?


The vice president being the economic manager of the country Launched the ERGP, with it Nigeria even in recession was able to save $47b in our foreign reserve, at this pace, I have no doubt that this money will hit $100b in the next 4yrs, that is a guarantee that our economy will become immune to global shocks once again, not just crude shocks alone. (Algerian model)

The moment that money crossed $40b mark, forex shortages disappeared, importers stopped complaining, manufacturers stopped complaining of dollar scarcity, debit cards relaxed their limits etc, that was a killer stroke in our economic recovery strategy, inflation immediately responded to the potency of the ERGP from 18.8% in 2017 to 11.23% in 2018.
This reserve will boost investors confidence that the economy is liquid enough for profit repatriation, that is how the jobs will return, job creation is private sector driven, not govt.

Among the three oil dependent economies in Africa that landed in recession within the same period, Nigeria was the first to exit recession, that was historical & mind blowing, despite fighting terrorism and with a massive population, we did it first before any other country.

By Blocking loopholes Our Federal allocation that used to be a misery 311b naira in june 2016 is between 600-700b naira in presently.
This volume if held steady will continue providing liquidity that will surely inflate the economy.

Nigeria is building a Gas liquefying plant called the NLNG train 7 project, that will in a way increase revenue from Gas against depending on oil alone, there are other ongoing Gas projects like the AKK projects and other Gas for power projects, rightly put, the economy is being diversified towards gas. (Russian model)
https://www.vanguardngr.com/2018/07/nnpc-signs-agreement-for-seven-critical-gas-projects/

As you can see here, Manufacturing is gradually expanding, next will be jobs returning on its own


https://www.thisdaylive.com/index.php/2018/07/08/cbn-at-57-0-pmi-manufacturing-sector-expanded-in-june/amp/


We don't need Atiku's stealing to truncate an economic process already in recovery.


In conclusion, I can state for a fact that the economic challenges of this country has nothing to do with Buhari under the circumstances he met on ground, we have a chance to fix culpability of blames where it rightly belongs on crude shock, or replace this government whose framework seems promising with another leadership of questionable integrity.

Buhari is like a mechanic that was given a car to fix, only for the car owner to accuse him of being the problem of the car when he is yet to fix anything.


We shall never go back to past governments whose inaction landed us in this mess in the first place.
leadership in the past that we tasked to privatize our establishments, all failed save for the one that ended up in his pocket, yet he claimed to create Jobs? How many jobs were lost in that privatization scam where 56 government entities perished?

Where is our NITEL, ALSCON, Nicon Insurance to mention a few? Leadership that claims to create jobs but his company PRODECO folded up? Leadership that claim to create jobs yet it was Buhari that sacked foreigners littered everywhere in his company, does an ordinary logistics company need that much foreigners?

Leadership that is a case study for corruption and money laundering by the US Senate committee on Homeland security, Leadership that preaches restructuring but enjoys monopoly in Niger delta sea ports? Atiku is a walking scam, may we not walk into the scam called Atiku because of lies peddled and perfected by the same holocausts that landed us in bondage, every scam comes with a loud noise, say No to Atiku, we cant move from Abacha loot to Atiku loot at this perilous time.

Fraudulent Leadership that wants to sell 90% of NNPC robbing us of 74% of our forex needs, Leadership that wants to spend $90b annually building infrastructures when Nigeria earns less than $30b annually.

It will be very dangerous and retrogressive to have a leader that is in bad terms with the international community, remember that the united states is the Fulcrum of our war against insurgency, one will argue that if America doesn't sell arms to us we go to Russia, the world works differently now under Donald trump, ask yourself, why did Jonathan not go to those people when America sanctioned him under the Leahy's ban? Yet he sat idly and watched Boko haram slaughter tens of thousands eventually took LGA's? American ban is as good as a global ban, recall how South Africa seized funds Jonathan wanted to use for arms purchase, please dont ask me what is South Africa's business with a US ban, that is how the world works.

In 2017, the US congress passed a law called Countering America's Adversaries Through Sanctions Act, CAATSA to promote the America first agenda while sanctioning countries that do business with American's enemies. If Atiku (God forbid) becomes the president as much as thinks about going to Russia for help, Nigeria will end up in CAATSA web, and that is when the true Hunger will manifest.

Can you live under a US sanction like North Korea and Iran? can you live with a Boko haram that is out of control? A boko haram that once
bombed Abuja for fun but Today the once Almighty Shekau is in hiding? what about other support we get from the US like the USAID? free immunization? Polio prevention? HIV and AIDS vaccines? Machinery and oil and gas technologies etc? are you willing to throw away all these because of a criminal whose greed led him to commit atrocities in the United states or hate for Buhari that is built on lies?
When faced with these realities, Atiku will never achieve anything, rather he will steal what we have left and disappear like he did in the US.

May God help us!!

Watch Peter obi summarize this analysis

https://twitter.com/i/status/1058007016810123264

2 Likes

Re: Why Former US President Bill Clinton Is Visiting Buhari, Atiku by jpphilips(m): 10:44am On Feb 14
bigfish3k:


you just be lying up and down against trump. i know u people hate him
democrats still control the senate. and u are here talking about massive defeat. lol
u people like changing narratives upside down. i tire oo. Trade war started by the US caused it.GOD has given the US power to control the world whether militarily, economically, socially etc. who are u to ban US products. US products that the world cannot do without and there is nothing anybody can do about it. Iran, Russia, China can only try to catch up. US is the strongest economy in the world and also the strongest military in the world. the US increased tariffs on chinas goods and china retaliated, and now china is feeling the heat , they have now come to renegotiate, if am lying ask Turkey, their currency and economy started tumbling when US imposed sanctions. also ask Iran what they are going through now also ask Sudan , ask venezuela. the US currency is used worldwide. i know that if u are given choice between naira and dollars, i know u will choose US dollars, so stop hating them. u cant do without them.

TSA and BVN have helped to curb loses in revenue so this FG has made more revenue than others from its agencies like JAMB . so all these extra money and the increase in fuel price, stamp duty charge on bank deposits, increase in tariffs and excise duties etc have covered up for any shortfall in the price of oil in the int'l market
dont forget that "according to them that they are no longer paying subsidies" therefore all these excuses of low oil price does not hold water.

but u didnt answer my question.
if u are asked in an interview when recession started and in whose govt, what will u answer
to help u out , u can also check google for the correct answer. so stop rigmaroling on what ngozi okonjo iweala said. btw , since when did u start believing her.
imagine ur hypocrisy.
u mean that onnogen can be investigated under two days and removed the following week but gandollar whose video and evidence went viral is still being investigated after more than four months instead PMB rewarded him by raising his hands for re-election. hmnm, so much for anti corruption fight.

Democrats control the HOR not the Senate, Gandollar is protected by immunity, CJN isnt, Ive read most of the things you wrote, you are empty, just feeding on social media junks.
Buhari inherited a 12.1T debt from Jonathan, he has borrowed about 10T to jump start you out of recession, if you think its too much, go and read the Obama stimulus package.
If you are smart, you should be asking what a man that sold oil at great price was doing borrowing 12T naira when his mates world over were emassing huge foreign reserves.

Don't bother replying, you are poorly informed, go and vote your Atiku, the next government will definitely invest in education if they want sane people like us to form majority of their voters.

2 Likes

Re: Why Former US President Bill Clinton Is Visiting Buhari, Atiku by bigfish3k: 1:15pm On Feb 14
Babacele:
God bless America!! I have never hidden my love for this new Atlantis. The wealth of freedom and development that democracy brings globally is birthed by the US , and I cannot for the love of Christ be against that awesome ideal ; Not in this lifetime nor in the next. Does criticizing Trump ,who is being exposed daily as a fraud, mean you hate America? Then, Clinton,Sanders, Bush, Pelosi, Obama, etc must hate their America ! Hahahaha.

It is obvious you don't know what is happening in the US presently. ' Democrat still control senate' ? What the heck is that! Oh what lies against Trump? mention the lies and let me upgrade you.

PDP brought recession in 2014, simple. Didnt Okonjo say it or not? Maybe i should ask you why she said that during an oil boom? What else do you want? Why was PDP kicked out in 2015?

If you ain't a fraud, you should have been sobered by the fact that Onnoghen , the supposed guardian of justice in Nigeria, has confessed to have contravened the asset law after he had been exposed before the CCT ,and not willingly before the suit. So he should be a judge in his own case to enable him pollute the process as he did with that indefinite suspension of the NJC? When you become president you can leave him in the eve of an all important election despite the weight of evidence before you so that he can bomb away your political blockoss! You must be joking!

Kano is a sovereignty and it is left for Kano folks to determine Ganduje's fate. PMB is no OBJ ,if not Fayose, Saraki, Wike etc would have been in hell. Thank PMB for raising the bar of democracy in Nigeria.

republicans still controls the senate, see link below
https://www.straitstimes.com/world/united-states/first-polls-close-in-us-midterm-elections

name one of the things trump did that made him a fraud. no convictions , only accusations. he is innocent for now
onnoghen has no case once he has admitted in writing to the errors and thats the law. i didnt write it
the way the whole thing went we all know its persecution. the UN has already condemned it.

even if onnoghen didnt postpone the NJC meeting, the NJC wouldnt have discussed the issue because there was no petition against the CJN as at that time. what weight of evidence are u even talking about? the law says u cant try him if he admits in writing, why are u running away from this fact.
we should all be mindful of the kind of vindictiveness/persecution/anti-democratic/anti- rule of law/hatred/nepotism that we celebrate because of precedents that will be set.it might come back to haunt us tomorrow

kano is sovereign. lol
u can see that u are biased
is ekiti, akwa ibom and benue not sovereign when their state accounts was frozen by efcc?
we are fighting corruption in nigeria of which kano is part of
if kano state governor/government decide to soak itself in corruption. An anti corruption/integrity president should ratify it, abi

so when u check the report of statistics bureau , recession started in 2014, abi. hmnm , u will just fail ur exam, better update self and eschew fake data and report

okonjo warned u, thats why we elected u to come and clear the mess not compounding it. we dont want complainants in govt, we want problem solvers
any govt that knows it cant clear the problems should jejely resign instead of inundating us with excuses
Re: Why Former US President Bill Clinton Is Visiting Buhari, Atiku by bigfish3k: 1:33pm On Feb 14
jpphilips:


Democrats control the HOR not the Senate, Gandollar is protected by immunity, CJN isnt, Ive read most of the things you wrote, you are empty, just feeding on social media junks.
Buhari inherited a 12.1T debt from Jonathan, he has borrowed about 10T to jump start you out of recession, if you think its too much, go and read the Obama stimulus package.
If you are smart, you should be asking what a man that sold oil at great price was doing borrowing 12T naira when his mates world over were emassing huge foreign reserves.

Don't bother replying, you are poorly informed, go and vote your Atiku, the next government will definitely invest in education if they want sane people like us to form a majority of their voters.

its u that is biased despite ur claim of being well informed
jonathan was paying subsidy, hope u know
fuel was N87, hope u know
prices of staples in the market was moderate , hope u know
dollar was N199, hope u know
APC govs demanded that the moneys should be shared, hope u know
the citizens were not over burdened with taxes hence he had lower taxes generated, hope u know



PMB borrowed 12T naira to bring us out of recession that was caused by his poor policies due to his academic deficiency as can been from his responses at "the candidates". we could clearly see where our problems was coming from. stop shifting blames, this administration is full of lies and deceit and poor and anti peoples policies
Re: Why Former US President Bill Clinton Is Visiting Buhari, Atiku by bigfish3k: 1:35pm On Feb 14
jpphilips:


Democrats control the HOR not the Senate, Gandollar is protected by immunity, CJN isnt, Ive read most of the things you wrote, you are empty, just feeding on social media junks.
Buhari inherited a 12.1T debt from Jonathan, he has borrowed about 10T to jump start you out of recession, if you think its too much, go and read the Obama stimulus package.
If you are smart, you should be asking what a man that sold oil at great price was doing borrowing 12T naira when his mates world over were emassing huge foreign reserves.

Don't bother replying, you are poorly informed, go and vote your Atiku, the next government will definitely invest in education if they want sane people like us to form a majority of their voters.

The CJN is protected by the NJC immunity, hope u know
Re: Why Former US President Bill Clinton Is Visiting Buhari, Atiku by bigfish3k: 1:37pm On Feb 14
jpphilips:


Democrats control the HOR not the Senate, Gandollar is protected by immunity, CJN isnt, Ive read most of the things you wrote, you are empty, just feeding on social media junks.
Buhari inherited a 12.1T debt from Jonathan, he has borrowed about 10T to jump start you out of recession, if you think its too much, go and read the Obama stimulus package.
If you are smart, you should be asking what a man that sold oil at great price was doing borrowing 12T naira when his mates world over were emassing huge foreign reserves.

Don't bother replying, you are poorly informed, go and vote your Atiku, the next government will definitely invest in education if they want sane people like us to form a majority of their voters.

republicans control the senate , it was a mistake
Re: Why Former US President Bill Clinton Is Visiting Buhari, Atiku by bigfish3k: 2:04pm On Feb 14
jpphilips:



Where did Ogoni people sue shell for Saro-wiwa?
Where did Apple Sue Samsung?
Where did P& ID sue Nigeria?

Dasuki is now a foreign investor abi?
What you think is immaterial in the face of facts, your CJN debacle is a non issue with investors because they hardly use your courts, learn & keep quiet.

so because Dasuki is not a foreign investor, dont u think that Dasuki will because of the fear of not getting justice take his money outside our shores to invest. hope u know this will affect unemployment statistics and our revenue
what if Dasuki is their case study on why they should not invest. talking about nigerians- that means other nigerians that have lost confidence in the system will not come and invest because the govt doesnt obey court orders
my friend, the Dasuki effect has a negative chain reaction on investments

all these people and companies u talked about choose the Int'l path. what about companies that wants to tread the local path- what hope and confidence is there for them in the system if the govt doesnt obey court orders
so companies that doesnt want to tread the int'l path should not come and invest , abi

i wouldnt respond to ur insults because i know how u APC goons are prone to violence if in contact with the person but resort to insults if the person is far away.
as if "keeping quiet" will make me learn anything new
Re: Why Former US President Bill Clinton Is Visiting Buhari, Atiku by Babacele: 2:26pm On Feb 14
bigfish3k:


republicans still controls the senate, see link below
https://www.straitstimes.com/world/united-states/first-polls-close-in-us-midterm-elections

name one of the things trump did that made him a fraud. no convictions , only accusations. he is innocent for now
onnoghen has no case once he has admitted in writing to the errors and thats the law. i didnt write it
the way the whole thing went we all know its persecution. the UN has already condemned it.

even if onnoghen didnt postpone the NJC meeting, the NJC wouldnt have discussed the issue because there was no petition against the CJN as at that time. what weight of evidence are u even talking about? the law says u cant try him if he admits in writing, why are u running away from this fact.
we should all be mindful of the kind of vindictiveness/persecution/anti-democratic/anti- rule of law/hatred/nepotism that we celebrate because of precedents that will be set.it might come back to haunt us tomorrow

kano is sovereign. lol
u can see that u are biased
is ekiti, akwa ibom and benue not sovereign when their state accounts was frozen by efcc?
we are fighting corruption in nigeria of which kano is part of
if kano state governor/government decide to soak itself in corruption. An anti corruption/integrity president should ratify it, abi

so when u check the report of statistics bureau , recession started in 2014, abi. hmnm , u will just fail ur exam, better update self and eschew fake data and report

okonjo warned u, thats why we elected u to come and clear the mess not compounding it. we dont want complainants in govt, we want problem solvers
any govt that knows it cant clear the problems should jejely resign instead of inundating us with excuses


Everyday in everyway Trump is being exposed as a fraud : from not paying tax,hiring illegal immigrants for his golf course in the past despite his present lies, to his aides resigning from his administration to save face, being arrested ,prosecuted or confessing to have undermined the US one way or the other e.g Cohen. Are you in a cave?

If in an oil boom ,a diversified economy with a robust reserve and fiscal discipline why would Okonjo have said we should be ready for recession, they were borrowing to pay salaries, naira slipped from N119 to N240, and threatened they were going mass retrench if international oil prices continued to crash? Why to Nigeria the number 1 oil producer in Africa? Why especially after conjuring some statistical abracadabra she had called rebasing -fooling GEJ with' the biggest economy in Africa' trash ?Algeria with less oil sales and 3rd oil exporting African nation never suffered recession; why not Nigeria? We saw through PDP lies and kicked them out in 2015. With far less oil sales and far cheaper rate, PMB has taken us out of PDP recession. You can't wish the history away.

Kano assembly have waded into the Ganduje issue, and there are court cases too against Ganduje . So Buhari should kill Ganduje or what? At the eve of anambra gubernatorial election Obiaono- an opposition governor- complained to the president that he wasn't comfortable with the Police Commisioner, and he was changed! Transmission had wanted to deny Adeleke to participate in the Osun gubies because of some forgery case but PMB refused to play ball and that gave Adeleke the op to be voted for. individuals who have stolen can't hide under Ekiti or Benue to evade the law hence their encounters with the EFCC. Were their allocation s ever stopped even when they insult the President? Be fair na.

Onnoghen was brought before the law and was exposed before admitting to his crime. ,and you are here crying. Can't he sue the FG or CCT,? or challenge his suspension in. law courts if it was illegal? Apart from you wailers Nigerian s know that it is a very rotten judge that forgets N1bn when he has no dementia.

The joke ,bro is on you. Happy Val.
Re: Why Former US President Bill Clinton Is Visiting Buhari, Atiku by bigfish3k: 3:26pm On Feb 14
Babacele:
Everyday in everyway Trump is being exposed as a fraud : from not paying tax,hiring illegal immigrants for his golf course in the past despite his present lies, to his aides resigning from his administration to save face, being arrested ,prosecuted or confessing to have undermined the US one way or the other e.g Cohen. Are you in a cave?

If in an oil boom ,a diversified economy with a robust reserve and fiscal discipline why would Okonjo have said we should be ready for recession, they were borrowing to pay salaries, naira slipped from N119 to N240, and threatened they were going mass retrench if international oil prices continued to crash? Why to Nigeria the number 1 oil producer in Africa? Why especially after conjuring some statistical abracadabra she had called rebasing -fooling GEJ with' the biggest economy in Africa' trash ?Algeria with less oil sales and 3rd oil exporting African nation never suffered recession; why not Nigeria? We saw through PDP lies and kicked them out in 2015. With far less oil sales and far cheaper rate, PMB has taken us out of PDP recession. You can't wish the history away.

Kano assembly have waded into the Ganduje issue, and there are court cases too against Ganduje . So Buhari should kill Ganduje or what? At the eve of anambra gubernatorial election Obiaono- an opposition governor- complained to the president that he wasn't comfortable with the Police Commisioner, and he was changed! Transmission had wanted to deny Adeleke to participate in the Osun gubies because of some forgery case but PMB refused to play ball and that gave Adeleke the op to be voted for. individuals who have stolen can't hide under Ekiti or Benue to evade the law hence their encounters with the EFCC. Were their allocation s ever stopped even when they insult the President? Be fair na.

Onnoghen was brought before the law and was exposed before admitting to his crime. ,and you are here crying. Can't he sue the FG or CCT,? or challenge his suspension in. law courts if it was illegal? Apart from you wailers Nigerian s know that it is a very rotten judge that forgets N1bn when he has no dementia.

The joke ,bro is on you. Happy Val.

hahahaha
as i said earlier, all u still wrote about trump above are still accusations, no convictions.
ok if i want to tow ur line of argument
okonjo saw that recession was coming and we voted somebody to stop it. did he stop it as promised?. he should resign if he has integrity for not being able to fulfill his promises because he had been given expo and he still failed the exam.

in wanted to burn a house, i put fuel near the house, people saw me and removed from my post so as to avoid the inferno.
they appointed another person to take over my position with the instruction and promise from me to save the house
las las the house got burnt.
u are now blaming the guy that put fuel near the house that has left the scene without blaming the current inhabitant/person that "strike the match stick"
remember the "match striker" had earlier promised to stop the impending inferno.
our economy is not diversified yet. we are a mono economy. restructuring is the solution for diversification to be achieved
in an economy that lacks money, please tell me why the president is wasting scarce funds to prospect for oil in the north, if he really wants to diversify. that venture is one of the killers of the economy. the north has comparative advantage in agriculture, he should focus on that

if PMB cant kill ganduje, why is he killing onoghen. why the supersonic speed on onnoghens case, does he not deserve fair hearing, is he not entitled to human rights? what if at the end, after all the disgrace and news paper trials he is found innocent, how fair is that to him and his family. is this the kind of society we wished for? is this the kind of trials we wish ourselves? Jesus said "love ur neighbour as urself" do unto others as u will want them to do to u. hope u are not riding on a tigers back ... shehu sanni. we are against a man of integrity raising the hands of a clearly corrupt man. "show me ur friend and i will tell u who u are"

from the fore going now we can see why PMB didnt interfere in anambra elections. obiano is his supporter.
am juxtaposing the different treatments meted out kanos gandolar and ekiti fayose who are both immuned by the constitution

did the law say anything about u being exposed?
the law simply said whether on ur own or whether u are exposed the right thing to do is to admit in writing then u will be free. chikeena. this clause in the law is just to stop the FG from wasting tax payers money
the FG should stop wasting scarce tax payers money on a case that will not have any headway.
later now, they will throw us into recession by wasteful spending on fake cases like one and fake oil prospects in the north and start blaming PDP 16yrs
Re: Why Former US President Bill Clinton Is Visiting Buhari, Atiku by Babacele: 2:28pm On Feb 15
bigfish3k:


hahahaha
as i said earlier, all u still wrote about trump above are still accusations, no convictions.
ok if i want to tow ur line of argument
okonjo saw that recession was coming and we voted somebody to stop it. did he stop it as promised?. he should resign if he has integrity for not being able to fulfill his promises because he had been given expo and he still failed the exam.

in wanted to burn a house, i put fuel near the house, people saw me and removed from my post so as to avoid the inferno.
they appointed another person to take over my position with the instruction and promise from me to save the house
las las the house got burnt.
u are now blaming the guy that put fuel near the house that has left the scene without blaming the current inhabitant/person that "strike the match stick"
remember the "match striker" had earlier promised to stop the impending inferno.
our economy is not diversified yet. we are a mono economy. restructuring is the solution for diversification to be achieved
in an economy that lacks money, please tell me why the president is wasting scarce funds to prospect for oil in the north, if he really wants to diversify. that venture is one of the killers of the economy. the north has comparative advantage in agriculture, he should focus on that

if PMB cant kill ganduje, why is he killing onoghen. why the supersonic speed on onnoghens case, does he not deserve fair hearing, is he not entitled to human rights? what if at the end, after all the disgrace and news paper trials he is found innocent, how fair is that to him and his family. is this the kind of society we wished for? is this the kind of trials we wish ourselves? Jesus said "love ur neighbour as urself" do unto others as u will want them to do to u. hope u are not riding on a tigers back ... shehu sanni. we are against a man of integrity raising the hands of a clearly corrupt man. "show me ur friend and i will tell u who u are"

from the fore going now we can see why PMB didnt interfere in anambra elections. obiano is his supporter.
am juxtaposing the different treatments meted out kanos gandolar and ekiti fayose who are both immuned by the constitution

did the law say anything about u being exposed?
the law simply said whether on ur own or whether u are exposed the right thing to do is to admit in writing then u will be free. chikeena. this clause in the law is just to stop the FG from wasting tax payers money
the FG should stop wasting scarce tax payers money on a case that will not have any headway.
later now, they will throw us into recession by wasteful spending on fake cases like one and fake oil prospects in the north and start blaming PDP 16yrs
Do you even know what you are saying? Because it is beginning to sound gibberish. What was the price of oil when Okonjo said we should prepare for recession? what was the foreign reserve too? How much was oil price when Buhari took over ,and how much is our foreign reserve now? Why did the naira slipped from Oknojo hands from N119 to N230 at what oil price/ barrel? If Kano people wants Ganduje. what are crying for?
Re: Why Former US President Bill Clinton Is Visiting Buhari, Atiku by bigfish3k: 5:55pm On Feb 15
Babacele:
Do you even know what you are saying? Because it is beginning to sound gibberish. What was the price of oil when Okonjo said we should prepare for recession? what was the foreign reserve too? How much was oil price when Buhari took over ,and how much is our foreign reserve now? Why did the naira slipped from Oknojo hands from N119 to N230 at what oil price/ barrel? If Kano people wants Ganduje. what are crying for?

agreed, they couldnt manage the economy, thats why we chased them out. PMB is doing the same but u want him to stay. is that not hypocrisy. If so, GEJ should be apologized to
what am saying is that if corrupt kano wants ganduje , integrity PMB shouldnt be part of it

all the new taxes, increases in tariff, excise duty, increase in revenue, loots recovered, increase in fuel price, not paying subsidy etc. has made up for any shortfall in oil price
Re: Why Former US President Bill Clinton Is Visiting Buhari, Atiku by Babacele: 6:26pm On Feb 15
bigfish3k:


agreed, they couldnt manage the economy, thats why we chased them out. PMB is doing the same but u want him to stay. is that not hypocrisy. If so, GEJ should be apologized to
what am saying is that if corrupt kano wants ganduje , integrity PMB shouldnt be part of it

all the new taxes, increases in tariff, excise duty, increase in revenue, loots recovered, increase in fuel price, not paying subsidy etc. has made up for any shortfall in oil price
So even with the Ganduje case being in court and the video being subjected to forensic analysis ,you want Buhari to do what exactly ? To kill Ganduje before you agree that he is working?hehehehe I dey laugh o.

So in the eve of an election like this one, when you become president you can tamper with one of the most important states in your support base in order to satisfy some misguided rantings and ratings of you so that looters can win and wipe out your legacies? ... Nwanem... you are very wise, unugo.
Re: Why Former US President Bill Clinton Is Visiting Buhari, Atiku by bigfish3k: 6:43pm On Feb 15
Babacele:
So even with the Ganduje case being in court and the video being subjected to forensic analysis ,you want Buhari to do what exactly ? To kill Ganduje before you agree that he is working?hehehehe I dey laugh o.

So in the eve of an election like this one, when you become president you can tamper with one of the most important states in your support base in order to satisfy some misguided rantings and ratings of you so that looters can win and wipe out your legacies? ... Nwanem... you are very wise, unugo.

integrity should supersede everything, thats all he has lived for and why he was elected. he shouldnt bend backwards because of earthly gains. is he the only one that can save nigeria? no man is indispensable

we want him to treat him exactly the same way he treated fayose and onnogen, there shouldnt be partiality in integrity. he should condemn the act first instead he is saying gandolar is a responsible man.
Re: Why Former US President Bill Clinton Is Visiting Buhari, Atiku by Babacele: 7:44pm On Feb 15
bigfish3k:


integrity should supersede everything, thats all he has lived for and why he was elected. he shouldnt bend backwards because of earthly gains. is he the only one that can save nigeria? no man is indispensable

we want him to treat him exactly the same way he treated fayose and onnogen, there shouldnt be partiality in integrity. he should condemn the act first instead he is saying gandolar is a responsible man.
Why are you talking like an illiterate.... While Fayose, who was always insulting the president , was governor did Buhari tamper with his immunity? No, it was only the NSA loot traced to him that was frozen by EFCC. ....all statutory pays to eliki like monthly allocation ,Paris club as well as Ecological fund he did enjoy smoothly. Is Ganduje enjoying immunity, yes. Onnoghen nko , No! Is Ganduje facing the law to prove his involvement ? Yes. So what do you want Buhari to do? To take your feelings as the constitution? Bwahaaaaa. Pls don't throw away your vote tomorrow, let us move to the Next Level.
Re: Why Former US President Bill Clinton Is Visiting Buhari, Atiku by jpphilips(m): 5:55am On Feb 16
bigfish3k:


so because Dasuki is not a foreign investor, dont u think that Dasuki will because of the fear of not getting justice take his money outside our shores to invest. hope u know this will affect unemployment statistics and our revenue
what if Dasuki is their case study on why they should not invest. talking about nigerians- that means other nigerians that have lost confidence in the system will not come and invest because the govt doesnt obey court orders
my friend, the Dasuki effect has a negative chain reaction on investments

all these people and companies u talked about choose the Int'l path. what about companies that wants to tread the local path- what hope and confidence is there for them in the system if the govt doesnt obey court orders
so companies that doesnt want to tread the int'l path should not come and invest , abi

i wouldnt respond to ur insults because i know how u APC goons are prone to violence if in contact with the person but resort to insults if the person is far away.
as if "keeping quiet" will make me learn anything new

Stick to the subject please, we are discussing foreign investors and you mentioned Dasuki, really? remind me again what is that thing you smoke called?

You have no clue who a foreign investor is nor what their priorities are, you sound like those ignoramus that
Said 2yrs ago that pmb sacked foreign investors when our economy didn't even have dollars for them to repartriate their profit, I wonder which should be the priority? I feel sorry for most of you really.

I don't have time to insult anyone, sometimes its fair to speak the truth and damn the consequences.
You don't come online to shout around what you have no clue about yet expect nobody to tell you how clueless you are, it doesn't work that way.

Let me advise you for free, don't ever assume that what you think is correct or your gut feelings is a fact, every opinion you choose to enthrone must pass through the clinical prognosis of research & precedence before adopting it as a fact. You don't tell people what you think foreign investors are concerned about when you havent asked them yourself.

Nigeria attracted the biggest oil companies in the world during the military era, when our justice system is at its ebb, this is a fact, you can now argue with your house help!!

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Re: Why Former US President Bill Clinton Is Visiting Buhari, Atiku by jpphilips(m): 6:46am On Feb 16
bigfish3k:


its u that is biased despite ur claim of being well informed
jonathan was paying subsidy, hope u know
fuel was N87, hope u know
prices of staples in the market was moderate , hope u know
dollar was N199, hope u know
APC govs demanded that the moneys should be shared, hope u know
the citizens were not over burdened with taxes hence he had lower taxes generated, hope u know



PMB borrowed 12T naira to bring us out of recession that was caused by his poor policies due to his academic deficiency as can been from his responses at "the candidates". we could clearly see where our problems was coming from. stop shifting blames, this administration is full of lies and deceit and poor and anti peoples policies




The sad part of ignorance is that it robs you the ability for rational thinking and also makes you a closed circuit to new learning.
Everything you are typing here are not based on facts but the crack opinion of politicians on social media, for the sake of your destiny, I will bring some facts closer to you.

Jonathan subsidized you to 87 naira at what cost? He sold oil at $115, his budget in 2013 was 4.87T but in march 2013, RMFAC shared 1.3T naira, what that means is that Jonathan earned nearly a quarter of his annual budget in 1 month. So Jonathan can afford to subsidize you to 87 naira, Buhari does not have that luxury..as a matter of fact, Buhari has been on budget deficit since 2015 (I just hope you understand what that means) in reality, Buhari can not afford to subsidize you to 87 naira, despite that, Jonathan blessed us with scarcity every quarter that trippled that official price, im sure places like the south east never bought pms at 87 naira because of bureaucracies and deliberate inefficiencies created in the process.

At the time Jonathan left in 2015, dollar in the black market was 220 naira, its so sad when my mechanic tells me the price of dollars when I have it in my wallet, a tailor tells me the econometrics of Nigeria, dont quote figures for the fun of it, ask the right questions.

You said Buhari's policies caused recession, perhaps a looter like FFK told you that nonsese because he knows you can't reason for yourself, now listen,

By the second quarter of 2016, almost 2yrs of crude oil shock, 3 countries in Africa fell into recession almost the same time, Nigeria, Angola & Egypt.
What does these countries have in common? Major exporters of crude oil not Buhari.

You said Buhari is academically deficient and you drew that conclusion on the "candidates" well, im not pmb's school teacher so I can not speak of his academic sagacity, I am at a limbo why folks like you believe Obi will run Atiku's economy but pmb makes economic decision with the same constitution? Isn't that a joke?
The economy of Nigeria is run under a structure called NEC headed by the VP who you know is a professor working with consultants attached to his office.

Jonathan was the only president that handed NEC over to Okonjo Iweala under the unconstitutional jargon called the cordinator of the economy at a time she was head of fiscal policies.

You said APC governors asked Jonathan to share one of our reserves components and such failed logic makes sense to you? A mere governor tells a president to share national reserves and the president obliges? Really? I thought you said that man has a PhD?

When OBJ was an illiterate am not sure you were born then, governors made the same request, not only did he ignore them, he refused to appear in court on that matter, thats an illiterate.

Yaradua a Bsc holder was taken to court on the same matter, yet he refused but conceded to use $3.3b of the money to fund the NIPP.
Give me two reasons Why Jonathan nor his party should be returned to power despite the hardship their inactions brought, go and tell illiterate Buhari to share national reserves with you lets see how it goes, mtchew!!

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Re: Why Former US President Bill Clinton Is Visiting Buhari, Atiku by jpphilips(m): 7:44am On Feb 16
bigfish3k:


The CJN is protected by the NJC immunity, hope u know

NJC immunity? how old are you?
Damn I wasted my facts on a toddler

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