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How Nigeria’s Economy Nosedived In 10 Years - Politics (3) - Nairaland

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Re: How Nigeria’s Economy Nosedived In 10 Years by blacknp(m): 8:35pm On Feb 11
CSTRR:
Future generations will curse the day APC took power.

That was the beginning of the lose of future for future generations of Nigerians.

A drastic change in fortunes because some ethnic renegades without any clue of how Nigeria became an economic powerhouse took over power.
They will also curse the citizens, NLC & TUC included that where against subsidy removal by Jonathan in 2012.

I hope you did not complain back then o, because they say that he who seeks equity, must come with clean hands.

When the children’s curse come, e no go look 👀 APC, or pdp.
Re: How Nigeria’s Economy Nosedived In 10 Years by CSTRR: 8:38pm On Feb 11
If Nigerians value their future, they better pray obi enters sooner rather than later.

He is the only one among the contenders that was there right in the thick of things when Nigeria was moving forward.

He worked closely with NOI and knows where the manual is.
He knows where we got it wrong and where the country deviated from the upward trajectory that Nigeria was before.

Atiku also to the small extent, but he is too corrupt to do any major long term good.

2027 is not the time for ethnic or religious politics.

You need to eat first, before you can uphold any ethnic nonsense.

Vote for your future, you morons.

4 Likes

Re: How Nigeria’s Economy Nosedived In 10 Years by blacknp(m): 8:41pm On Feb 11
CSTRR:
If Nigerians value their future, they better pray obi enters sooner rather than later.

He is the only one among the contenders that was there right in the thick of things when Nigeria was moving forward.

He worked closely with NOI and knows where the manual is.
He knows where we got it wrong and where the country deviated from the upward trajectory that Nigeria was before.

Atiku also to the small extent, but he is too corrupt to do any major long term good.

2027 is not the time for ethnic or religious politics.

You need to eat first, before you can uphold any ethnic nonsense.

Vote for your future, you morons.
He will never enter Aso Rock, unless invited for lunch or dinner by the President.

Orji Kalu or even Rochas Okorocha will sleep in Aso Rock’s master bedroom before the Apga Judas Governor/Pdp Runaway Presidential Candidate.
Re: How Nigeria’s Economy Nosedived In 10 Years by koyeni(m): 8:42pm On Feb 11
The Buhari effect. Drove the country 900 years back
Re: How Nigeria’s Economy Nosedived In 10 Years by lexy2014: 8:46pm On Feb 11
israelmao:
Buhari's first misstep was mismanagement of Niger Delta crisis he continued to use force instead of calling the stakeholders for a roundtable discussion and led to the first economic recession until Osinbanjo stepped in when Buhari was away on 3-month foreign medical trip and engaged Niger Delta militians in peaceful negotiation.Another economic recession followed due to the mismanagement of Covid-19 pandemic coupled with Buhari's inapt attitude of putting the the square pegs in round holes not only that people of questionable characters who looted and re-looted the recovered loot without a blink.

how did Buharis handling of Niger Delta crisis lead to the first economic recession?
Re: How Nigeria’s Economy Nosedived In 10 Years by blacknp(m): 8:50pm On Feb 11
koyeni:
The Buhari effect. Drove the country 900 years back
Dude please don’t be sounding like a helpless Almijiri, even if Nigeria no get President that shouldn’t stop your personal prosperity.

Abi President Buhari na your uncle, way no gree help you when em dey power?
Re: How Nigeria’s Economy Nosedived In 10 Years by CSTRR: 8:50pm On Feb 11
blacknp:
He will never enter Aso Rock, unless invited for lunch or dinner by the President.

Orji Kalu or even Rochas Okorocha will sleep in Aso Rock’s master bedroom before the Apga Judas Governor/Pdp Runaway Presidential Candidate.
Peter obi has visited aso rock, since the time of abacha and all through the pdp era.

But it is okay.

1 Like

Re: How Nigeria’s Economy Nosedived In 10 Years by predictor1: 8:52pm On Feb 11
RepoMan007:
10 years ago started in 2013. Was APC in power at federal level?

Read post, una no go gree . . see your life now.
It was you who didn't read well. In 2013 the economy was strong according to the article, up to the time buhari took over.

1 Like

Re: How Nigeria’s Economy Nosedived In 10 Years by coputa(m): 8:53pm On Feb 11
Truth is that it was Buhari that finally put the last nail in the coffin.

Tinubu inherited a dead economy,he knew, that was why he hurriedly removed fuel subsidy ,a straw he thought would save him, but alas,he continued drowning by the day.

The economy is only surviving on debt, that is being serviced with another loan

1 Like 1 Share

Re: How Nigeria’s Economy Nosedived In 10 Years by blacknp(m): 8:53pm On Feb 11
CSTRR:

Peter obi has visited aso rock, since the time of abacha and all through the pdp era.

But it is okay.
He will never be president of our dear country The Federal Republic of Nigeria, so don’t waste your time imaging a fleeting illusion to be pursued, but never attained.
Re: How Nigeria’s Economy Nosedived In 10 Years by blacknp(m): 8:58pm On Feb 11
predictor1:
It was you who didn't read well. In 2013 the economy was strong according to the article, up to the time buhari took over.
Strong Indeed, Yet we remember Okonjo Iweala complaining back then that the country was in trouble, that we were borrowing to pay salaries, despite the price of crude oil at an all time high, almost $130 per barrel, compared to when Buhari came in that we saw crude as low as $45.

No one should come and be giving us an illusion of a time that we lived in.
Re: How Nigeria’s Economy Nosedived In 10 Years by predictor1: 9:03pm On Feb 11
blacknp:
Strong Indeed, Yet we remember Okonjo Iweala complaining back then that the country was in trouble, that we were borrowing to pay salaries, despite the price of crude oil at an all time high, almost $130 per barrel, compared to when Buhari came in that we saw crude as low as $45.

No one should come and be giving us an illusion of a time that we lived in.
Inflation rate, GDP growth, budget deficits, etc. Those are indices used to judge the strength of an economy. Nigeria's economy was far stronger before buhari than after he took over. Don't even talk about today's own.

2 Likes 1 Share

Re: How Nigeria’s Economy Nosedived In 10 Years by yemmywesey(m): 9:07pm On Feb 11
blacknp:
Even the scripture says it is a curse to yen for the leaders of the past.

It was eldorado under Ebele you clam, yet you where the same People in the majority that voted him out of power, or who are you blaming for your action?

You were the one that voted him out of power.
All of una eyes go clear
Re: How Nigeria’s Economy Nosedived In 10 Years by blacknp(m): 9:10pm On Feb 11
yemmywesey:


You were the one that voted him out of power.
All of una eyes go clear
May Jehovah punish me if I voted that clown out of power, you Nigerians don’t deserve anything good, so you got rid of him, although the hand writing was already on the wall that his time was up, and there is no need today in crying over spilt milk.

Blame the same Hypocrite NLC & TUC & your fellow confused citizenry that are screaming today we dey hungry.
Re: How Nigeria’s Economy Nosedived In 10 Years by israelmao(m): 9:11pm On Feb 11
lexy2014:


how did Buharis handling of Niger Delta crisis lead to the first economic recession?

Crude oil remains the Nigeria's economic mainstay you should know by now anything that touches it positively or negatively touches our economy,using force to resolve Niger Delta crisis by Buhari led to the blowing up of oil installations then by the militants with consequent reduction in crude oil production which resulted in adverse impact on crude oil revenues.

1 Like

Re: How Nigeria’s Economy Nosedived In 10 Years by lexy2014: 9:15pm On Feb 11
israelmao:


Crude oil remains the Nigeria's economic mainstay you should know by now anything that touches it positively or negatively touches our economy,using force to resolve Niger Delta crisis by Buhari led to the blowing up of oil installations then by the militants with consequent reduction in crude oil production resulted in adverse impact on crude oil revenues.

how did now lead to recession?

at what period during the buhari administration did this recession occur?
Re: How Nigeria’s Economy Nosedived In 10 Years by blacknp(m): 9:19pm On Feb 11
israelmao:


Crude oil remains the Nigeria's economic mainstay you should know by now anything that touches it positively or negatively touches our economy,using force to resolve Niger Delta crisis by Buhari led to the blowing up of oil installations then by the militants with consequent reduction in crude oil production resulted in adverse impact on crude oil revenues.
Please answer to lexy2014, I dey follow una on this discussion keenly.
Re: How Nigeria’s Economy Nosedived In 10 Years by CSTRR: 9:23pm On Feb 11
blacknp:
He will never be president of our dear country The Federal Republic of Nigeria, so don’t waste your time imaging a fleeting illusion to be pursued, but never attained.
Go and tell that the over 6 million people that voted for him, and the 12 states he won.
Re: How Nigeria’s Economy Nosedived In 10 Years by israelmao(m): 9:27pm On Feb 11
lexy2014:


how did now lead to recession?

at what period during the buhari administration did this recession occur?

Don't ask me this Google can come to your aid as regards to that.
Re: How Nigeria’s Economy Nosedived In 10 Years by killsmith(f): 9:28pm On Feb 11
EreluRoz:
It has always been an accumulated problems but Nigerians don't like truth. The past administrations you praised today laid the faulty foundation and the only sure way to get it right is Revolution else you all ain't ready.

If you field a nonsense candidate again I'll still biasedly support whomever I choose to support. Revolution or nothing.
You iyaebe were a front row supporter of tinubu.
What changed? You don get ulcer?

2 Likes

Re: How Nigeria’s Economy Nosedived In 10 Years by Konquest: 9:29pm On Feb 11
Islie:


https://dailytrust.com/how-nigerias-economy-nosedived-in-10-years/
Re: How Nigeria’s Economy Nosedived In 10 Years by EreluRoz: 9:29pm On Feb 11
killsmith:

You iyaebe were a front row supporter of tinubu.
What changed? You don get ulcer?
I don't know what you are talking about. Everything you typed is strange
Re: How Nigeria’s Economy Nosedived In 10 Years by koyeni(m): 9:31pm On Feb 11
blacknp:
Dude please don’t be sounding like a helpless Almijiri, even if Nigeria no get President that shouldn’t stop your personal prosperity.

Abi President Buhari na your uncle, way no gree help you when em dey power?
Weldone. Even if you are prosperous. You'd exchange dollar for #300. Earlier today a professor was lamenting it would take her 5months salary to have booked a flight for Afcon
Una go just dy talk like mumu

1 Like

Re: How Nigeria’s Economy Nosedived In 10 Years by NGArmyTerrorist: 9:31pm On Feb 11
Jessyjeff:
In my lifetime, i have never seen a political party mismanage a country like APC have done in Nigeria.

From poverty capital of the world, to Epin npiawa azu; what other disaster does APC have for Nigerians?
At the bolded, dem go feel !
Re: How Nigeria’s Economy Nosedived In 10 Years by blacknp(m): 9:31pm On Feb 11
CSTRR:

Go and tell that the over 6 million people that voted for him, and the 12 states he won.

It is his Peter Gringory Obi’s Oga Abubakar Atiku that I pitied, his boy that he brought to the National limelight politically, just came & robbed him, allowing Bola Tinubu to coast to an easy victory.

There are many ways to win a war, not just by outright confrontation, Peter Obi na Very stupid egocentric selfish minded man.

That is why you cannot point to anyone that has served under him, that has amounted to anything politically.
Re: How Nigeria’s Economy Nosedived In 10 Years by NGArmyTerrorist: 9:34pm On Feb 11
VeryWickedMan:
Tinubu is Nigeria's worst ever President
Do something about it, you can shout this till the man kpai you with hunger! Better do something now!
Re: How Nigeria’s Economy Nosedived In 10 Years by blacknp(m): 9:40pm On Feb 11
koyeni:

Weldone. Even if you are prosperous. You'd exchange dollar for #300. Earlier today a professor was lamenting it would take her 5months salary to have booked a flight for Afcon
Una go just dy talk like mumu
Is it today that your suffering started in Nigeria, if things were so good under Pdp, why did you vote them out of central power?

More than half of the Governors that served under Pdp are in APC today, or have been in the APC @ one time or the other, ie Akpabio, Saraki, Wike, Tambuwal, Ibori. Rotimi Amaechi, Rochas Okorocha, Orji Kalu, Dave Umahi just to mention a few, not to mention Abubakar Atiku, Peter Obi’s Master.

So who are you purportedly blaming for you Peoples hypocrisy?

Make you dey where you dey, they wait for a messiah.
Re: How Nigeria’s Economy Nosedived In 10 Years by koyeni(m): 9:55pm On Feb 11
blacknp:
Is it today that your suffering started in Nigeria, if things were so good under Pdp, why did you vote them out of central power?

More than half of the Governors that served under Pdp are in APC today, or have been in the APC @ one time or the other, ie Akpabio, Saraki, Wike, Tambuwal, Ibori. Rotimi Amaechi, Rochas Okorocha, Orji Kalu, Dave Umahi just to mention a few, not to mention Abubakar Atiku, Peter Obi’s Master.



So who are you purportedly blaming for you Peoples hypocrisy?

Make you dey where you dey, they wait for a messiah.


Carry your oversabi dy go.
There was no place i talked about ApC or Pdp. I dont care the party in power. What Nigerians deserve is someone who would be honest and do his best to make the country work
Good day

1 Like

Re: How Nigeria’s Economy Nosedived In 10 Years by lexy2014: 9:58pm On Feb 11
israelmao:


Don't ask me this Google can come to your aid as regards to that.

if the answer is no google, then you can use google to answer the questions.

how did now lead to recession?

at what period during the buhari administration did this recession occur?

or was it from google you came up with your claim that it was because Buhari didnt handle the niger delta crisis well that Nigeria experienced recession?
Re: How Nigeria’s Economy Nosedived In 10 Years by k4kenny(f): 10:15pm On Feb 11
Godfullsam:
For those of you who can't read looooong epistle

Lemme summarize for you all

In summary, the Nigerian economy nosedived the moment APC took over power via clueless buhari.

Tinubu took over from where buhari stopped and made everything even worse!

That party was brought in by the Americans to serve their interests, not ours. E don dey clear small small. Obama's campaign manager ran Buhari's campaign back then, Isreali firm was used to hack and spread disinformation. We've entered the hands of zionist monsters. Only God Almighty can save us at this point.


https://www.youtube.com/watch?v=UheOilps2zQ?si=mjHJLGT9Jf9Ut07F

Re: How Nigeria’s Economy Nosedived In 10 Years by donborg(m): 10:54pm On Feb 11
Islie:


https://dailytrust.com/how-nigerias-economy-nosedived-in-10-years/

The Presidential system of government enabled the economic collapse of Nigeria through inept government policies and tribalism. Truth is that the Presidential system of government is virtually useless without a well armed citizens like in the USA.

European Parliamentary system of government remains the best system of government one need to look at the success of the European economy and society today. Compare it with Africa where the Presidential system is in vogue and you'll see the difference.

If we're in a parliamentary system of government, Tinubu will be out of power right now. There would have been a call for new elections immediately the prices of goods and services started to rise and a vote of no confidence will be passed on Tinubu forcing him to resign. Even the most corrupt Nigerian President Buhari would not have lasted a whole 8 years to use and steal and loot in a parliamentary system. He would have been disgraced out of office and sent to jail for stealing and looting.


Truth is there is little difference between the Presidential system of government and Military rule. The only difference is that power changes hands after 8 long years even if our citizens are suffering or smiling and a corrupt Legislature. We just have to flip the coin and enjoy whatever Leaders it gives us.

In a parliamentary system, it is not so because that government knows it could lose power at any moment in time through a VOTE OF NO CONFIDENCE

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