backbencher:


Sustained high crude oil prices....

Buhari, meanwhile, had oil consistently below $70 until 3 weeks ago, when it reached 90 dollars for the first time in his regime...which is why his loan intake was much higher than GEJ.

That does not mean that Buhari is a good leader, it means that , faced with low oil prices, he should have taken measures to diversify, and cut subsides on petrol so that investment could flow in, and government saves money. He did the opposite.

And under GEJ, we would have had more money if he had been allowed to remove subsides. Instead Nigerians said no, and GEJ ended up spending money that could have been saved or invested in new refineries and repairing our exisiting refineries, on subsidy payments. And by 2015, we were in a big mess, plus GEJ owed a lot on subsidy payments, which Buhari took five years to pay up fully. (tHERE is a reason why GEJ wanted to remove subsdies.)

DeepSight:


Nigeria needs a radical population control policy, but perish the thought of ever seeing that. Northern Muslims in particular will scream blue murder at any attempt to constrict four wives and fifty children.

chuksPraise50:
No body in education sector will support all these crap....People are suffering, this is what you are coming here to say?

COMPAQ:


If there is no subsidy petrol would be about N380-N420 at current crude prices. I know this cos in most countries I go to, petrol is just slightly cheaper than diesel.

Roger3D:
I know you want to box me into the corner of defending this administration's economic record but I'm too smart for that. The issue is were we right or not to protest the fuel increase by the then Jonathan administration or not? And the answer is yes. We stopped Buhari from increasing the price just last month too so no hypocrisy there

flokii:


It's not a matter of what I want but what is sustainable.. in a country with the highest rate of unemployed youths and underpaid workers, any wrong political move will mar our collective destines as a people. That is what I don't want.

We are complaining of high crime rate due to hardship, yet some of you still think it's cool for prices of basic commodities to be going up. That's not in anyway fair.

backbencher:


Yes it would be, but then again we wpuld save money and we would have running refineries

DeepSight:


But the borrowing of this gwament no get part 2 oh. Future gwaments go suffer am.
And secondly it was the APC and Buhari who cried and wept the most over subsidy. What has become of subsidy under them?

Gbam.

Michelle70:


PDP didn't do anything back then to secure the future of Nigeria.
No road, electricity was epileptic, corruption was ceiling level, nothing was working in Nigeria, u were brainwashed to think things were working cos there is money to throw around

Michelle70:
Jonathan in time of plenty was wasteful.

As a business man, I know that the time of plenty is the time to plan for the future.

Nigeria case is lack of progressive leaders and tribalistic youths.
Lagos is what it is because of leaders that plan for the future.
look at China, when they were busy producing China phones, we make mockery of them that there products doesn't last, but today I am typing this with China phone and u are probably reading with Chinese phone.

2moro, ur children will still blame govt while ur voursemates could be millionaires

wirinet:

I was making reference to the person that lied that Jonathan increased our foreign reserves I was not making a comparison of which government borrowed more. Obviously in that competition Buhari wins hands down.

Michelle70:
Jonathan in time of plenty was wasteful.

As a business man, I know that the time of plenty is the time to plan for the future.

Nigeria case is lack of progressive leaders and tribalistic youths.
Lagos is what it is because of leaders that plan for the future.
look at China, when they were busy producing China phones, we make mockery of them that there products doesn't last, but today I am typing this with China phone and u are probably reading with Chinese phone.

2moro, ur children will still blame govt while ur voursemates could be millionaires

Michelle70:

Lagos is what it is because of leaders that plan for the future.

Michelle70:
so u think because oil is $106, Nigeria will automatically become heaven?

Some of u, when ur parents made their first N1m, mark zuckerberg wasn't even born.
They probably saw money before Otedola sef.

Only those who plant a seed today, will get a tree in the next 20yrs.
Imagine when a party slogan is "PDP, chop the money", no good roads, no institution, no future planning, just steal and chop money.

Where do we plan to fall to when the money isn't there again?

Dybala11:

What is the present administration doing to secure Nigeria economically and security wise??
The future of Nigeria has been mortgaged on the altar of debt. Tomorrow you'll still go to the filling station to queue before you can get fuel, millions of other Nigerians will do same. The funny thing is that you know that we've been scammed with the anti-corruption mantra and other election promises made by the current administration, you're just too ashamed to admit the truth. Bubu, Jonathan, Tinubu etc. are all birds of corrupt entities. That's why Nigeria will still continue to battle the problems we encountered under Jonathan. It's only a change of individuals in power that took place, not a change of basic approach. An average Nigerian politician doesn't give 2 shits about the masses.

Michelle70:
was I lying.
GEJ is a thief, deal with the truth

Roger3D:
You're ignorant about current world economic trends that's why you blame Buhari for your present economic woes. Listen here the whole world economy is currently undergoing inflationary pressures due to the economic recession brought about by the corvid 19 pandemic and not just Nigeria alone. The USA is experiencing its highest inflation rate in 40 years long before you were even born. The price of wheat has gone up 33%, maize 50% and vegetable oil 100% worldwide (Source; UNFAO). I guess Buhari is to blame for all of that too

Michelle70:
the truth is bitter.
Ur Otueke thief couldn't even build the mbiama bridge that leads to his state, I was on that bridge back in 2015 during heavy traffic along mbiama and the bridge was shaking like hell, I was scared it could collapse.
It was Buhari that had to rebuild a bridge leading to Bayelsa.
It will never be well with whoever supports GEJ

boyfrank:


Crude oil now goes for $106 per barrel. Do u really know what time of plenty means or u just showing how low ur IQ is?

ifiokjohn:
in 2015... Spaghetti was 150.
In 2019 it came 250/280.
Abi is that not inflation before 2020?

You guys keep using 2020 as an excuse but before 2020 there was an increase in everything.
For instance a mudu of rice 2015 was 300-350. 2019 it became 500-600.

Michelle70:

who brought plenty? Nigeria had plenty when the whites were here, even after the whites left we were cool, dont even think it was PDP that brought plenty

who took plenty corruption, issurgents, tribalism, terrorism, partisan, religion differences, secessionist agenda

Michelle70:
Jonathan in time of plenty was wasteful.

As a business man, I know that the time of plenty is the time to plan for the future.

Nigeria case is lack of progressive leaders and tribalistic youths.
Lagos is what it is because of leaders that plan for the future.
look at China, when they were busy producing China phones, we make mockery of them that there products doesn't last, but today I am typing this with China phone and u are probably reading with Chinese phone.

2moro, ur children will still blame govt while ur voursemates could be millionaires

Kabongo1:

They didn't tell nigerians they would be adjusting to world inflation, a privilege Jonathan was allowed to enjoy.

They also said they'd build one refinery every year, this is year 7, please can they show us where the refineries are, or is it because Russia invaded Ukraine, that's why they haven't built any so far?

immortalcrown:

Who brought the plenty and who took the plenty?
Jonathan increased the nation's foreign reserve and also offered an affordable cost of living. Where is the wastefulness? Between the foreign reserve and the cost of living, did Jonathan improve one at the expense of the other? I ask again, where is Jonathan's wastefulness?

Dis you just say GEJ INCREASED Nigeria's foreign reserves?

YOU ARE A PATHOLICAL LYING MACHINE!!!

GEJ that dwindled the reserves from 69Billion dollars to 28Billion dollars?

This guy ehhh..

You can cause 3rd world war with your lies..

How old are you this little hating DUNDERHEAD??!

Okonjo Iweala even said as of Nov 2013,that NIGERIA was borrowing to pay salaries...

By March 2015,28 states couldn't pay salaries of their citizens..

Under Bubu, the nation's foreign reserve has drastically reduced and the cost of living is getting unbearably higher.

Between Bubu and Jonathan, who formed and used better economic policies?

tiegahpor:


As of January,crude oil wasn't even $75.


GEJ had it very good with price of crude over 100 dollars for at least 3 years and running..

What did he do with that

No railway,No 2nd Niger Bridge,No roads, NOTHING!!!!!

immortalcrown:

Who brought the plenty and who took the plenty?
Jonathan increased the nation's foreign reserve and also offered an affordable cost of living. Where is the wastefulness? Between the foreign reserve and the cost of living, did Jonathan improve one at the expense of the other? I ask again, where is Jonathan's wastefulness?

Under Bubu, the nation's foreign reserve has drastically reduced and the cost of living is getting unbearably higher.

Between Bubu and Jonathan, who formed and used better economic policies?

silverlinen:

So how has the railway, 2nd niger bridge, roads uplift the living standard of the masses?
But rather the country keeps on regressing and the populace keep suffering more.