Emusan:


And the same few didn't think differently when GEJ was there.

dollar only increased about 35% throughout GEJ while the same Buhari you unpatriotic and the real enemies of Nigeria( yet claiming to be the most patriotic and lover of Nigeria) think differently for increased dollar with whooping 247%

So if the man Buhari is too patriotic for Nigerians with an increment of over 240%, what will you call GEJ who held dollar under 40% increment?

Look, Good luck Jonathan administration was the most corrupt after Abacha in the history of Nigeria; God is a witness. Nigeria could have turn to small London during that administration with the amount of dollars made out of excess crude , additionally substantial Abacha loot was released to that administration. Sad to realise how greedy and corrupt politician looted huge money in dollars to personal account and some even kept money in underground and inside water tanks. Till today many of the governors and politicians who escaped EFCC arrest have not spent one third of their loot.

PassingShot:

Check your figures and come back with the right ones.

That guy is actually right.

in 2011 that Gej won, Dollar was a
about 155/$

In 2015 before he left, it was about 214/$.


Buhari left it around 750/$, if you check the percentage, you would see Gej performed better.

If you admit Buhari performed, that means Gej was a blessing.

Let's be sincere sha.

The problem with Tinubu is that he has never really done struggling business in his life so he doesn't understand microeconomics and the demerits of absolute capitalism in an informal and subsistence economy. The World Bank deals with ideal economic theory which has failed in 95% of countries applied. Buhari tried in managing Nigerian economy well despite having the most daring challenge since 1999 in COVID-19.

To think that buhari was called the worst president but he is fr better than Tinubu and his Lagos boys that are so called educated is scary

PassingShot:
A lot of Nigerians still believe that Buhari failed woefully while a few of us think differently.

Here is a portion of an interview where the former president refused to bow to IMF in their call for him to devalue the local currency alluding t what could be the consequences of such action. Despite all the challenges his government faced, he managed to leave the naira at around N600 to a dollar in May 2023.

Fast forward to seven months after his exit, our currency has plummeted against the dollar to around N1450 on the back of devaluation, recording new low on daily basis. As a result, inflation, insecurity and other vices are on the increase to the extent that no one can predict how the current vicious cycle would end.

Surely, the man Buhari is too patriotic for Nigerians. We most times do not know our true friends.



https://www.youtube.com/watch?v=KIJXtpILkFE?feature=shared

Firstly let me state that I am a fan of Buhari. I didnt vote for him precisely because i was around when he was head of state and I knew he has no clue on the economy and the anti-corruption war cannot be won when you consider those who brought him to power....I didnt vote for Jonathan either.


Now this video is revisionist. Buhari was short term in his thinking and instead created a bigger long term problem. We are where we are because he did not do the needful. If he had floated the currency, we wouldnt have borrowed so much during his tenure. Buhari a former petroleum minister, spent almost $10b a year on subsidy for 8 years and failed to build a single refinery. I am a fan of Buhari, despite his flaws, no other president has left behind the infrastructure he did but his myopia on the economy is the same myopia he exhibited in 1983. the problem we are facing now is because Buhari did not float the Naira, remove subsidies and build a single refinery in 8 years in office. If he had we would have endured the pain and the pain would be over now.

abhosts:
Here are the Naira Devaluation Rates at the Parallel Markets under different Presidents since 1999:

Olusegun Obasanjo
1999 ₦90 = $1
2007 ₦125 = $1
38 Percent Devaluation in 8 Years

Umaru Musa YarAdua
2007 ₦125 = $1
2010 ₦150 = $1
20 Percent Devaluation in 3 Years

Goodluck Jonathan
2010 ₦150 = $1
2015 ₦220 = $1
46 Percent Devaluation in 5 Years

Muhammadu Buhari
2015 ₦220 = $1
2023 ₦740 = $1
236 Percent Devaluation in 8 Years

Bola Tinubu
2023 ₦740 = $1
2024 ₦1,470 = $1
98 Percent Devaluation in 8 months

Buhari is no hero so stop trying to make him one.

Please, can you write out the average price of crude oil and if possible, the average production numbers for each president? this is the only way to determine who has been our best president.

PriNceNova:
So how does this help our current predicament...

Pls I want to sell my phone(Samsung), it's just about 3-4 months old, so i can use to pay urgent school dues and feed please... If u interested, reach me on O. 7. O. 69473889

What specification of Samsung and for how much? We need to know before any negotiations

Major7:






What specification of Samsung and for how much? We need to know before any negotiations

It's Samsung s21 ultra

ZombidiotFools:


That guy is actually right.

in 2011 that Gej won, Dollar was a
about 155/$

In 2015 before he left, it was about 214/$.


Buhari left it around 750/$, if you check the percentage, you would see Gej performed better.

If you admit Buhari performed, that means Gej was a blessing.

Let's be sincere sha.

Buhari failed on the economy...ther is no argument on that but he left lasting infrastructure that your grandchildren will use. Ok so currency was relatively stable under GEJ but please tell me after you enjoyed 8 years of stable currency what do you have to show for it that you can enjoy today or that your children can enjoy tommow? Enduring legacy is the true hallmark of a good leader, not how I enjoyed for 8 years but what did you leave for me to enjoy after you leave office?

casualobserver:


Buhari failed on the economy...ther is no argument on that but he left lasting infrastructure that your grandchildren will use. Ok so currency was relatively stable under GEJ but please tell me after you enjoyed 8 years of stable currency what do you have to show for it that you can enjoy today or that your children can enjoy tommow? Enduring legacy is the true hallmark of a good leader, not how I enjoyed for 8 years but what did you leave for me to enjoy after you leave office?

Which lasting infrastructure did Buhari left that you are enjoying? Maybe you are from the political class.
I can't relate.

Buhari is a socialist while Tinubu is a Capitalist

ZombidiotFools:


Which lasting infrastructure did Buhari left that you are enjoying? Maybe you are from the political class.
I can't relate.

Lagos Ibadan express
lagos ibadan rail
Murtala airport new terminal
apapa-oworonshoki express
Outer marina ring road

this is just the SW, these things were going nowhere and they were a source of pain and hardship before Buhari.

feel free to list what GEJ left behind for you, otherwise the only legacy he has for your children is stories from you about once upon a time the naira.

Your story and those talking with Nostalgia about Jonathan are like children berating their father for not buying them the latest clothes and toys as children Forgetting that your parent gave you the most valuable gift….education. It is that education that is the legacy of your parents not clothes or toys that spoil or become obsolete. Anyone talking about Jonathan has the mindset of a child who cannot see beyond their nose or the present. An adult sees beyond today into the future. These adults with a mind of a child are often the same people who think a Peter Obi that left nothing in 8 years as Anambra governor can rescue a more complex structure like Nigeria.......children!!

PriNceNova:


It's Samsung s21 ultra

O boi ,how much does it goes for?

Bobloco:


Tinubu is about to dwarf that record by increasing dollar by over 1000% in his first four years

Years ago I was exchanging my weekly dollar earnings for 150 to the Naira, today 1400 to the Naira, ohse o Jehovah.

Bobloco:


But be rest assured that Tinubu will beat Buhari's 247% eight year record in four years

It is you people who are spending Naira and thinking $ that will continue to feel the pain. Otherwise i don't see how this affects your income and what it can buy in food market. Is $ what you are spending in the market?

pafun:


It is you people who are spending Naira and thinking $ that will continue to feel the pain. Otherwise i don't see how this affects your income and what it can buy in food market. Is $ what you are spending in the market?

Colorado Bobloco na Typical Lazy man that cannot help himself, it was in the media earlier on in the month that 30 states of the federation failed to attract any FDI, Oblivious Obidient Agbadorian Bobloco & his brother DMerciful will blame Tinubu for their own docilely.

blacknp:
Years ago I was exchanging my weekly dollar earnings for 150 to the Naira, today 1400 to the Naira, ohse o Jehovah.

Why were you exchanging your N for $? Because you were speculating? It is people like you who cause problem for businesses who genuinely need $ for their raw materials. You should be ashamed of yourself for the role you have played in ruining the economy, and here you are praising God for your evil act.

Major7:






O boi ,how much does it goes for?

It was a gift, brand new... I will sell for 430k

Tinubu is a monumental failure

blacknp:
Colorado Bobloco na Typical Lazy man that cannot help himself, it was in the media earlier on in the month that 30 states of the federation failed to attract any FDI, Oblivious Obidient Agbadorian Bobloco & his brother DMerciful will blame Tinubu for their own docilely.

pafun:


Why were you exchanging your N for $? Because you were speculating? It is people like you who cause problem for businesses who genuinely need $ for their raw materials. You should be ashamed of yourself for the role you have played in ruining the economy, and here you are praising God for your evil act.

I know spiteful Agbadorian Obidient like yourself, it is my fault that I have the ability to make foreign exchange weekly whilst living in Nigeria?

At least I add value to society by my forex inflow, can you say same for yourself or for any member of your family?

DMerciful:
Tinubu is a monumental failure

Just like Daddy.

Emusan:


And the same few didn't think differently when GEJ was there.

dollar only increased about 35% throughout GEJ while the same Buhari you unpatriotic and the real enemies of Nigeria( yet claiming to be the most patriotic and lover of Nigeria) think differently for increased dollar with whooping 247%

So if the man Buhari is too patriotic for Nigerians with an increment of over 240%, what will you call GEJ who held dollar under 40% increment?

I think we are rather just mixing up everything. Now the true position is that the value of your currency is effectively a measure of your country's productive capacity. What we have before now is a fake exchange rate where government continues to defend or support the currency. Devaluing your currency have its merit and demerit. When you devalue your currency, you will have inflation. However, inflation should ordinarily encourage increased local production. This is the real area where we are having problems. If the price of yams go up as a result of increased demand normally people should go into yam cultivation to cash out on the demand and high price. But let tell ourselves the truth, nobody wants to farm. Go to Europe that doesn't have land and see what is called agriculture. That is why food is cheap in the developed countries. Our people will go to Europe and they will be employed in farms but they can't farm while in Nigeria. I am not convinced that Nigeria should not be able to feed ourselves. We continue to import all manners of nonsense and we don't export anything and expect our currency to be strong. It is not a matter of PMB or GEJ or Tinubu. If we can produce even what we eat alone, Naira will appreciate.

blacknp:
I know spiteful Agbadorian Obidient like yourself, it is my fault that I have the ability to make foreign exchange weekly whilst living in Nigeria?

At least I add value to society by my forex inflow, can you say same for yourself or for any member of your family?

Oh okay. I thought you were changing Naira to $. Enjoy!

Which Buhari? Pls if you no want Ogun kill you don't ever mention anything buhari here again.

Buhari my a s s.

We virtually said the same thing. They did better than Buhari but they obviously didn’t do well either via a vis their respective predecessors

Emusan:


That's not true.

How to know, is by asking this simple question, if Buhari should maintain the increment with just 50% of what GEJ left, dollar will be around 300 to naira when he left.

So previous governments maintained just two digits increment only Buhari took it to three digits.

Whatever the previous governments did to maintain 2digits means they did well than Buhari.

Greenback:
Buhari did more harm than good to Nigeria for all the years he lived on and lived off Nigeria,not a single positive thing the country benefited. Is it how he worked against Nigeria in then OAU secretary general position where he sponsored and voted for a Fulani candidate from Niger as against the Nigerian from the south who was acting secretary general?
Is it how he frustrated Lagos mono rail project in the 80s? Is it his austerity measures when he was military head of state?

Someday, somebody will author a book that will reveal the evil man who rode Nigeria all his life.


Hmmmm....we thought you were gonna take seun to court,what happened nah 😁😁😁😁
Everyone should know that op is same person as that omenka guy threatening Seun

Cc omenka1 jmoore greatachiever1 seguno2 emeka125 alhajicso bebigiby1 seeWahala thatigboman egoveen obaofpigs yewit37486

😊😊

What do we want:

For government to continue to defend the naira and have zero infrastructural development
Or

For government to stop defending the naira, and build infrastructure

I think the missing piece is that we produce nothing. That should be the focus now We need stable light, good security, good road and dood communication to encourage investors to come

pafun:


Why were you exchanging your N for $? Because you were speculating? It is people like you who cause problem for businesses who genuinely need $ for their raw materials. You should be ashamed of yourself for the role you have played in ruining the economy, and here you are praising God for your evil act.

U that is talking
Do you have faith in this country?
Do you really believe in this country?

How can you keep absolving these leaders of blame?

Mehn you are very wicked.

Hg

tp2philike:
Buhari was busy subsidizing the naira to the benefit of his Fulani brothers that milked the CBN. We are seeing the actual value of the naira against international currencies no thanks to bad leaders. Tinubu should have encouraged local producers before floating the naira.

But the same black market gap is still there. Why is it so difficult for them to bridge that gap?

These guys have used this rubbish habit to destroy the real sector of the economy.

Businesses both local and international are folding up all over the place left right and center.

Ht