Buhari was borrowing foreign loan to defend the naira. Which means he was subsidizing dollars for billionaires who are importers, manufacturers and children of rich who studying abroad while at same time paying fuel subsidies. He was burning the candle at both ends, left, right and center because he did not want to hurt the feelings of Nigerians.

Many people including I didn't know the reason why we had parallel market. But now it is obvious that what Buhari was doing was that he was subsidizing the dollar by borrowing billions of dollars from abroad sell it below market price because of fear of inflation and at the same time he was paying fuel subsidies. While parallel market was selling at 900 naira, Buhari was selling the borrowed dollars at 400 naira

All the billions of dollars borrowed by Buhari are to be payed with crude oil for numbers of years not known to Nigerians.

Should Tinubu continue in that manner?

.

But you guys were defending him 8yrs non stop just to spite the other tribe and make him hand over power to your brother....

Now, you people are now blaming him for Tinubu's incompetence and failure.


Your hypocrisy is powered by the sun.

*Spits

We Agbadorians blame buhari for the calamity in Nigeria. But we are grateful that our god Tinubu is here to right the wrongs of the past administration.
The righteous govt of APC will turn Nigeria to Dubai within one year.


PDP Wicked Calamity govt: Rice - N7,000 per bag.
APC Righteous Muslim Muslim govt: Rice - N78,000 per bag.

Una never see anything

Ogiame:
But you guys were defending him 8yrs non stop just to spite the other tribe and make him hand over power to your brother....

Now, you people are now blaming him for Tinubu's incompetence and failure.


Your hypocrisy is powered by the sun.

*Spits

He was helping us because he was scared of the consequences

Biodun556:



He was helping us because he was scared of the consequences

You don't have any right to criticize him now... Y'all voted for him to spite others.




You will be the greatest hypocrite to criticize what you defended for 8yrs non stop.

It's clear Buhari's approach was well-intentioned, but it's not sustainable. Borrowing to prop up the naira while subsidizing both fuel and dollars strains our economy. Plus, those loans need paying back eventually. We've gotta find a more balanced, long-term solution that doesn't saddle future generations with debt. which I believe Tinubu is doing. But he should pivot toward strategies that promote economic stability and growth without making it tooo difficult for the common Nigerian.

Biodun556:
Buhari was borrowing foreign loan to defend the naira. Which means he was subsidizing dollars for billionaires who are importers, manufacturers and children of rich who studying abroad while at same time paying fuel subsidies. He was burning the candle at both ends, left, right and center because he did not want to hurt the feelings of Nigerians.

Many people including I didn't know the reason why we had parallel market. But now it is obvious that what Buhari was doing was that he was subsidizing the dollar by borrowing billions of dollars from abroad sell it below market price because of fear of inflation and at the same time he was paying fuel subsidies. While parallel market was selling at 900 naira, Buhari was selling the borrowed dollars at 400 naira

All the billions of dollars borrowed by Buhari are to payed with crude oil for numbers of years not known to Nigerians.

Should Tinubu continue in that manner?

You are on nairaland assuming. Na people like you Tinubu read their post and declared subsidy gone before he even entered office

Ogiame:
You don't have any right to criticize him now... Y'all voted for him to spite others.




You will be the greatest hypocrite to criticize what you defended for 8yrs non stop.

Voting for him does not mean one can not criticism him

Smartmoneypeeps:
It's clear Buhari's approach was well-intentioned, but it's not sustainable. Borrowing to prop up the naira while subsidizing both fuel and dollars strains our economy. Plus, those loans need paying back eventually. We've gotta find a more balanced, long-term solution that doesn't saddle future generations with debt. which I believe Tinubu is doing. But he should pivot toward strategies that promote economic stability and growth without making it tooo difficult for the common Nigerian.

I think the reason why Tinubu appears to complacent is because he is hopeful that the refineries will bring positive changes when they finally kicked off

Biodun556:


Voting for him does not mean one can not criticism him

Criticize your brother Tinubu, don't “Criticism Buhari.




Hypocrite.

Beautifulday:


You are on nairaland assuming. Na people like you Tinubu read their post and declared subsidy gone before he even entered office

That subsidy is not sustainable. Where will he see money to pay for it?

Ogiame:
Criticize your brother Tinubu, don't “Criticism Buhari.




Hypocrite.

Tinubu has done nothing wrong, he is just being realistic

Biodun556:



Tinubu has done nothing wrong, he is just being realistic

Baba Hypocrite, check the screenshots below.

Ogiame:
But you guys were defending him 8yrs non stop just to spite the other tribe and make him hand over power to your brother....

Now, you people are now blaming him for Tinubu's incompetence and failure.


Your hypocrisy is powered by the sun.

*Spits

Nobody is perfect

He did it to help Nigerians

Biodun556:



That subsidy is not sustainable. Where will he see money to pay for it?

Where was Buhari seeing money? Where is the money we making from foreign exchange going to?

Don't tell me Buhari was borrowing because those borrowed money were tied to something.

How can you be outside a company and stop the company key responsibility? That is what Tinubu did. He was outside the office and stop subsidy.

Who does that?

Biodun556:


Nobody is perfect

He did it to help Nigerians

No body is perfect ko sai darling daddy ni

If I were you I would have silently grabbed and snatched what is left to run away with on this thread

Don't allow yourr shamelessness and hypocrisy further be exposed making a catastrophic mockery of you.

You have been warned

Biodun556:


Nobody is perfect

He did it to help Nigerians

So why are you blaming Buhari?

First class Clown 🤡

Ogiame:
So why are you blaming Buhari?

First class Clown 🤡

What would Jonathan have Done about?

Biodun556:


What would Jonathan have Done about?

You don leave Buhari enter GEJ?

You go soon blame your existence just to defend Tinubu. 🤡

Beautifulday:


Where was Buhari seeing money? Where is the money we making from foreign exchange going to?

Don't tell me Buhari was borrowing because those borrowed money were tied to something.

How can you be outside a company and stop the company key responsibility? That is what Tinubu did. He was outside the office and stop subsidy.

Who does that?

Buhari was borrowing to subsidize.

DatNiggaDaz:
No body is perfect ko sai darling daddy ni

If I were you I would have silently grabbed and snatched what is left to be ran away with on this thread

Don't allow yourr shamelessness and hypocrisy further be exposed making a catastrophic mockery of you.

You have been warned

Shebi you two enjoyed 200 naira per liter petrol under Buhari. We all shared the dollars he borrowed

Biodun556:


Buhari was borrowing to subsidize.

That is a lie. Buhari's borrowing was tied to infrastructure. Go and check. Look at all Amechi and others did.

With all the looting if he could do it, how much was borrowed?

Ogiame:
Criticize your brother Tinubu, don't “Criticism Buhari.




Hypocrite.

😂😂😂😂

the award of clown of the century goes to Oloye Baba Biodun of Nairaland

Biodun556:
Buhari was borrowing foreign loan to defend the naira. Which means he was subsidizing dollars for billionaires who are importers, manufacturers and children of rich who studying abroad while at same time paying fuel subsidies. He was burning the candle at both ends, left, right and center because he did not want to hurt the feelings of Nigerians.

Many people including I didn't know the reason why we had parallel market. But now it is obvious that what Buhari was doing was that he was subsidizing the dollar by borrowing billions of dollars from abroad sell it below market price because of fear of inflation and at the same time he was paying fuel subsidies. While parallel market was selling at 900 naira, Buhari was selling the borrowed dollars at 400 naira

All the billions of dollars borrowed by Buhari are to be payed with crude oil for numbers of years not known to Nigerians.

Should Tinubu continue in that manner?

Ogiame:
So why are you blaming Buhari?

First class Clown 🤡

Hahahaha

Ogiame:
You don leave Buhari enter GEJ?

You go soon blame your existence just to defend Tinubu. 🤡

Biodun556:


Shebi you two enjoyed 200 naira per liter petrol under Buhari. We all shared the dollars he borrowed

You have started speaking in balablu tongues already, finally making a huge mockery of yourself .

I warned you to Grab and run away you did not

Now this

Biodun556:



He was helping us because he was scared of the consequences

He should have stopped defending the naira and removed subsides in 2015, and by now, we may have been over the worst.

Better still, he should have supported subsidy removal in 2012, especially when it was clear by 2011 that subsidy costs were eating a large chunk of our revenue. But he sacrificed economics on the altar of politics.

Sometimes, leaders need to take decisions that while it may get them voted out , are the right decisions.

ANyway, milk been spilt. Time to clean it.

Biodun556:
Buhari was borrowing foreign loan to defend the naira. Which means he was subsidizing dollars for billionaires who are importers, manufacturers and children of rich who studying abroad while at same time paying fuel subsidies. He was burning the candle at both ends, left, right and center because he did not want to hurt the feelings of Nigerians.

Many people including I didn't know the reason why we had parallel market. But now it is obvious that what Buhari was doing was that he was subsidizing the dollar by borrowing billions of dollars from abroad sell it below market price because of fear of inflation and at the same time he was paying fuel subsidies. While parallel market was selling at 900 naira, Buhari was selling the borrowed dollars at 400 naira

All the billions of dollars borrowed by Buhari are to be payed with crude oil for numbers of years not known to Nigerians.

Should Tinubu continue in that manner?

Good assertion, Hell no things must change, Jagaban ride on, Obidients & their Atikulated Agbadorians want to enjoy, but don’t want to sacrifice.

nairalanda1:


He should have stopped defending the naira and removed subsides in 2015, and by now, we may have been over the worst.

Better still, he should have supported subsidy removal in 2012, especially when it was clear by 2011 that subsidy costs were eating a large chunk of our revenue. But he sacrificed economics on the altar of politics.

Sometimes, leaders need to take decisions that while it may get them voted out , are the right decisions.

ANyway, milk been spilt. Time to clean it.

This is the reason I will forever detest Ebele Jonathan.

He did the right thing, but ended up backing out after pressure from this same useless NLC & TUC doing the same thing today.

Tomorrow they will blame someone else for their own actions.

blacknp:
This is the reason I will forever detest Ebele Jonathan.

Yep he shoulda been bold enough, told Tinubu and BUhari to sit down, told Occupy NIgeria to sit down, and removed subsidy and damm the consequences

HIstory would have forgiven him