laudate: Absolutely nothing. It is her vision, financial expertise and depth of experience in managing the Nigerian economy, that is being called into question.
No, the ignorant Reno questioned her poly education so you can not say absolutely nothing.
4Play: The problem is that while I agree with you that the President bears primary responsibility for the economic malaise, people like Adeosun and Udoma compound the problem as in the little area they have policy leeway - the size of government spending - they champion the idea that Nigeria needs fiscal stimulus and monetary easing.
Look at that tweet Adeosun released - see post just before yours - about releasing N350bn every quarter as if it's a panacea to stagflation. It needs to be noted that the 2016 recession deepened when the 2016 budget was passed (remember when the likes of passingshot were screaming that things will get better once the budget is passed?). The economy has shrunk now in February 2017 relative to February 2016 when oil prices and production were lower. The Naira was between N360 to N390 to $1 in February 2016 and N510 to $1 in February 2017. This should tell the likes of Adeosun that an increase in money supply worsens currency depreciation but she doesn't get it.
Again, as with her 4 year tenure as Ogun state commissioner for finance (something I keep harping on), a reckless proclivity for borrowing and spending which left her state requesting a bailout has been carried over to the federal level. There is a real intellectual failing here traceable to her ilk which goes beyond Buhari's famed obstinacy.
You are lying, no such thing transpired and I'm 100% sure you can not produce any facts to back up that lie.
Nearly all the states in Nigeria collected bailout and yours probably collected to so what's your point?
But we have here a Harvard minted PHD holder and world bank joker who failed miserably and and even admitted in the above video that her and her PHD zookeeper failed us woefully to save the Nigerian economy from today's problems.
A PHD holder who couldn't even properly manage and invest oil revenue surplus at $100 per barrel
A PHD holder who was borrowing hundreds of billions to pay workers salary when oil was selling for $80, so tell me what she'll recommend with oil selling for $40 today? She'll probably sell Nigeria off completely.
A PHD holder who looked the other way while looters drain the treasury
A PHD holder who failed in her Job twice, not once, I mean twice.
As for Reno, I wont take him seriously, he's jobless after Nigerians kicked his boss out of office and shouting on twitter everyday is a reflection of his joblessness.
Kemi Adeoshun is doing a fantastic job under the present circumstances.
totit: My brother, I just tire, at the rate those peopl abuse the word " developed " is annoyingly shocking to say the least.
They don't know the meaning of develop, they just use that word anyhow. Maybe they think buying and selling auto parts or peddling china knock off goods on roads and bridges means develop.
chisco82: I see you are just to coment on what you did n't know. Stop making jest of urself bro. Amechi is a siting governor and was protected by immunity. So No one can arrest him.
Look at this small boy. Fayose is a sitting governor, but it didn't stop EFCC from investigating him for future prosecution so what did the EFCC under Jona did to formulate any corruption case against Amaechi.?
A lot of looters under jona didn't have immunity so how many of them did Jona prosecute and jail?
Where was Jona when all his service chiefs were looting Nigeria dry left and right?
Where was Jona when his kinsmen were looting billions from NIMASA
Where was Jona when Dasuki was sharing billions of dollars left and right, well, Jona and okonjo actually stole the money and gave it to dasuki to share..
jinxet2000: You talk as if you are an English man and you do not have similar culture in your place. I will not blame you but blame the govt that removed history in the education curriculum, otherwise you would have known the history about your tradition. This is why Nigeria can never never be one nation because of people like you. Look around you, look at the northern states and western states and tell if there is any state as developed as the eastern states notwithstanding they have single handedly built it themselves with little help from the govt. Yet, your brothers and sisters have ruled the country several years and yet they cannot make it close to Western countries. Keep deceiving yourself. I tell you and everyone, worse case scenario, Igbos will abandon their things in your states and come back home and in a decade, they will be even 10 times bigger. It has happened before and it can still happen again. After the war they seized their wealth and lands and houses, you would think that they will go broke and beg, yet they became stronger and richer within a decade and yet the confiscators became more jealous and poorer. Igbos will keep building in your place and they have no fear of you taking over. In fact take it, take everything, that will make them more stronger and more prosperous. "Blessed is the man that giveth than the man that taketh"
What's the meaning of all your irrelevant essay and epistle?
I asked you how exactly did igbo people develop Lagos? They built the schools, hospitals, roads, bridges, power plants, water works, GRA's, VI, Ikoyi, Eko Atlantic, Banana Island, Lekki, Leki Ikoyi bridge and so on?
It is ok if you think one day igbo people will go back home to develop their land and they are going to be 10 times bigger than Yorubaland, that's fine, but please list the ones igbo people built or explain to us how igbo people develop Lagos.
aloziedaya: The Igbo's are the only tribe in Nigeria that believe in 'one Nigeria' and that is where their problem lies. If you are dealing with a Hausa man, he first thinks of his religion and ethnicity, a Yoruba man thinks of his ethnicity first but an Igbo man thinks of one Nigeria. If you come to the east you hardly see any structure built by a Hausa man or Yoruba but, travel all over Nigeria the Igbo's are developing them bearing in mind the 'one Nigeria' syndrome. The Igbo man's quest for wealth has robbed him of his sense of belonging. That is why they develop other cities while theirs lay bare. Lagos today is developed by the igbos. Imagine what would happen if the igbo businesses in Lagos are in the east. Every major market in Lagos is dominated by them; ALABA INTERNATIONAL, TRADEFAIR, COMPUTER VILLAGE, LADIPO AUTO MARKET, BERGER AUTO MARKET, IDUMOTA etc. These are the backbone of Lagos state. They'll tell you that the seaport is in Lagos but, the largest motorcycle spare parts market in Africa is in Nnewi and, it is striving without any seaport in the east. Have you imagined what would have happened if these markets are dominated by the hausas? Or the Yorubas dominating these markets in another state? Of course they would have transfered them to their areas. Igbo's need to rethink and realize their mistakes. Develop your own. If you make billions in lagos and the billions are still reinvested in Lagos, you've not made anything. Aku ruo ulo amara onye nwe ya. Igboland will develop when we make wealth outside and send it home. The houses you build in Lagos because of the appreciation rate of Lagos can be built equally in the east to boost the appreciation rate there. Lagos is appreciating because you've developed it, do same down home. Politically, Igbo's are marginalized because they are seen as divided people who cannot come together with one voice.
The same Lagos wey don develop before you show up and even before Nigeria's independence and before den make am capital of Nigeria?
donJ2: Funny how a newspaper publication is now rubbish. I wonder what u consider factual
My verdict:
Amechi is very corrupt, Goodluck didn't jail him cuz he is also corrupt, he wasn't fighting corruption.
Buhari accepted the looted funds and made him a minister cuz Buhari is The Master of corruption, just like 250milion was used to cut grass in our anti corruption regime.
90% of Nigerian politicians are corrupt.
News paper trash is not facts and you can not tender news paper in any court of law as facts.
Are you a baby?
Answer my question.
If Ameachi stole, he stole under GEJ, so why didn't GEJ arrest and prosecute him.
Did pdp or goodluck cause the 1983 buhari's regime recession
Of what relevance is your pointless question?
I showed you a video with okonjo and jona explaining to us that they failed to prevent what we are going through today when Nigeria was making a lot of money and you are asking me silly questions
raynold: so what policies has PMB implemented? from 222/$ to 510/$, high cost of living, no increase in minimum wage(even war torn countries earn more) etc in 2 years.. you honestly can't blame all that on GEJ..
We should be talking about solutions here and not blaming someone, if you are the CEO of a company and you keep blaming past CEO's for the current situation of the company after 2 years do you think you will still have that job, the board/Nigerians already know the person heading the office in the past messed up greatly and you were hired to fixed the problem and not to blame past persons for 2years..
If you mismanage your money or emptied your bank account today after making a lot of money, you will suffer the effect tomorrow so obviously, your actions yesterday will dictate your situation today or determine if you are going to eat or not or pay your bills or not. It's common sense and basic logic.
Yes we should talk about solutions, but the OP decided to play the blame game and fed us ignorance instead. This topic should have been about solutions instead of the ignorant ramblings and ignoring how we arrived at this sorry state.
You and the OP are free to start with solutions and I'll contribute my own solutions too.
obailala: Haha, brotherly, borrowing to pay salaries is one of the clearest things that a government should NEVER do. If the government's hands are so badly tied that it is has to borrow money to pay salaries, then that is one clearest signs of impending doom.
Oil prices began to drop mid-way into 2014, i.e. from about 3Q 2014. From 3Q 2014 to 2Q 2015, I'm not sure i understand how you arrived at 18 months, that's more like 9 months to me.
With that aside, I'm keen to get more details of how wonderfully well you claimed GEJ and NOI handled the economy when oil price began dropping because within this 9 months period, the following happened (prove me wrong if you can):
(1) Nigeria's GDP growth rate steadily dropped from 6.54% to 2.32% as at the time of handover (of course it continued dropping after the new govt took over until we got to a recession but after looking at the chart below, I find it rather weird and outrightly callous that many intelligent folks like yourself still argue that recession was all Buhari's fault (not even oil price is blamed by you guys).
(2) In desperation to save the economy, $10 billion was expended from the nation's forex reserves to defend the Naira (between Nov 2014 and May 2015), hence our reserves crashed from $38.5bn to $28.5bn as at handover, but even with that huge amount, the Naira still crashed inevitably from N165 to N220/N230 at the parallel market. And this was despite the fact that Nigeria still drilled 2.2million barrels daily and oil prices still sold above $60.
Of course with the dangerously low funds in the reserves, it would have been foolish to keep disbursing FX further to save the Naira hence the new admin instituted forex restrictions to prevent a Venezuelan situation (zero reserves). But of course the restrictions gave a big hit to the Naira and chased away loads of investors who could clearly see Nigeria was already in a mess. You do not need a soothsayer to tell you the Naira wouldn't have fallen beyond N250 and we wouldnt have been in this mess had there been adequate money in the reserves to be disbursing $10bn every six months as NOI and GEJ did. That is why smart economist (including NOI herself) still blame the govt of GEJ for not saving nada.
(3) I don't need to re-mention the fact that GEJ and NOI were already borrowing to pay salaries, fuel subsidy was already being owed importers for the full 9 months period spanning from Aug 2014 to May 2015; of course this forced importers to halt importation in fear that the new govt may not pay them either and this led to the harshest fuel scarcity in Nigeria's history in May 2015 when even banks had to go start shutting by 12 noon for lack of diesel to run generators.
In summary, I'm sorry bro, your claim that NOI and GEJ handled the crash very well is very flawed, baseless and borne out of ignorance of what really transpired. GEJ and NOI were just divinely lucky enough to bailout before the pangs of the impending recession started getting to ordinary Nigerians on the streets and of course the scapegoat Buhari took all the blame. You may want to argue that they may have done something differently further down the line had GEJ won, but that is only an ASSUMPTION which cannot be substantiated. Fact is that they can only be sensibly judged based on their performance that we saw between 3Q 2014 and 2Q 2015.
Oh yes oil prices have fallen a couple of times and the harshest was in 2008 when oil prices crashed from $148 to $35. But just incase you aren't aware, that crash of 2008 lasted only 6 months between mid-2008 to early 2009. In addition, it is on record that the CBN then, disbursed a whooping $20billion into the market to bail Nigeria out of that global crisis and that was the only reason Nigeria survived it and the pangs weren't felt. Kindly remind us of how long the present oil price crash has lasted? It's approaching 3 years now... and while you are at it, kindly remind us how much NOI and GEJ left in the reserves for Buhari to utilise in balancing the effects?
Please while we all agree Buhari isn't doing enough to stem the economic crisis we are presently in, kindly stop insulting our sensibilities by claiming GEJ was any better when it is simply clear they both experienced totally different situations.
raynold: sure they failed Nigerians but you not seeing anything bad with the way PMB is running the country is actually alarming. giving ministerial appointments to well known criminals, etc.
When you mismanage your salary today, you will suffer tomorrow.
Borrowing hundreds of billions to pay salaries and looting your treasury dry and decimating your forex reserves to pay salaries when oil was selling for $100 per barrel, it means you are going to suffer when oil starts selling for $40.
More austerity measures coming – Okonjo-Iweala
By BusinessNews Staff on January 17, 2015
Following the continuous decline of the price of crude oil in the international market, the Federal Government on Thursday said it was preparing additional measures to mitigate the impact of the price drop on the Nigerian economy.
Jonathan introduced recession back in 2014 and Okonjo promised to come up with more austerity measures in January 2015, less than 5 months before PMB.
HIGHESTPOPORI: ZoneB don't quote me again,buhari promised changed and not to come blame jonathan,he should prosecute jonathan if he feels he looted d treasury and not all these media trials from Apc.90percent of Apc politicians were in Pdp during d 16yrs rule,so why puting all d blame on Jonathan
[/s]
Did PMB made Jonathan and Dasuki loot and share our money?
Did PMB made Jonathan and PDP loot $20 billion power funds?
Did PMB made Jonathan borrow hundreds of billion to pay workers salaries when oil was selling for $80 per barrel?
Did PMB prevent Jonathan from investing the largest accumulated revenue in the history of Nigeria?
Did PMB prevent Jonathan from building infrastructures?
Did PMB prevent Jonathan and 16 years of PDP from giving us 24/7 power supply?
If you are going to defend 16 years of PDP and 5 years of Jonathan, start by showing us what they did with the largest accumulated revenue and earnings in the history of Nigeria.
If the PDP and Jonathan did so great for Nigeria and the economy, then why keep borrowing hundreds of billions till 2015 when PMB entered office ?
donJ2: The problem I have with Ur type is that u will be staring d truth at In d face and still b spewing trash back to back.
Obj brought GSM not d military
Goodluck made rice N8000 not obasanjo
Buhari made dollar N505 not goodluck
What is wrong with you people
D clueless goodluck kept food on my table all Tru his tenure, Ur buhari messiah came in mounted pressure on d dollar by a lame policy of restricting Forex for rice importation, what has he invested in d Agric sector that gav him d guts employ such policy.
U saw d effect on d naira...
Summary: I am not partisan, Buh what a clueless PhD holder couldn't do, a clueless ssce holder will only make it worse.
Q.E.D
Finally I have a question for you, when buhari took us into recession in 1983, was it caused by pdp or goodluck
Whenever you I hear Buhari, recession comes to mind
HIGHESTPOPORI: Mr Jonathan Blamer,did Jonathan stil cause d recession under Pmb in 1983? So because Apc says they were looting and stealing under Jonathan its true? What abt the looting going on under Apc,what has Buhari done?
Did PMB made Jonathan and Dasuki loot and share our money?
Did PMB made Jonathan and PDP loot $20 billion power funds?
Did PMB made Jonathan borrow hundreds of billion to pay workers salaries when oil was selling for $80 per barrel?
Did PMB prevent Jonathan from investing the largest accumulated revenue in the history of Nigeria?
Did PMB prevent Jonathan from building infrastructures?
Did PMB prevent Jonathan and 16 years of PDP from giving us 24/7 power supply?
If you are going to defend 16 years of PDP and 5 years of Jonathan, start by showing us what they did with the largest accumulated revenue and earnings in the history of Nigeria.
If the PDP and Jonathan did so great for Nigeria and the economy, then why keep borrowing hundreds of billions till 2015 when PMB entered office ?
raynold: bro i only ask a question. you've been defending PMB government from most of your comment and i just wanted to clarify somethings..
------------------------------------------------------------------------------------ why do we Nigerians feel we have to insult, belittle etc each other to actually make a point.
You are free to seek clarification based on my assertions and not what I did not assert or insinuated.
Stating facts and correcting the OP's flawed and elementary post doesn't mean defense of anybody or any government.
Look at this list again and tell me where they are noe.
1. Senate President Bukola Saraki
PDP governor for 8 years and senator for over 3 years. He joined the APC in 2014.
2. Speaker of the House of Representatives; Honourable Yakubu Dogara
Two-term PDP House of Representatives member. He joined the APC in 2014.
3. Former Vice President; Alhaji Atiku Abubakar
PDP VP for 8 years and presently an APC elder statesman after jumping from one party to the other since 2007.
4. Senator Victor Ndoma-Egba
PDP senator for 12 years. He defected to the APC last year. He is the serving chairman of the Niger Delta Development Commission board.
5. Senator Heineken Lokpobiri
Two-term PDP senator from Bayelsa state. He defected to APC after the 2015 elections. He is currently the minister of state for agriculture.
6. Senator Barnabas Gemade
Former national chairman of the PDP and senator from 2011 till date. He joined APC in December 2014.
7. Chief Audu Ogbeh
Former PDP chairman. Currently the minister of agriculture
8. Senator Ita Enang
Two-term PDP senator from Akwa-Ibom. He joined APC before the 2015 elections. He is presently the senior special assistant to the president on the National Assembly (Senate).
9. Governor Samuel Ortom of Benue state
Former Benue state secretary of the PDP. Former national auditor of the PDP and former minister under President Goodluck Jonathan. He joined the APC in December 2014.
10. Governor Atiku Bagudu of Kebbi state
A former two-term PDP senator from Kebbi.
11. Governor Aminu Tambuwal of Sokoto state
Former PDP Speaker of the House of Representatives. He joined the APC in 2014.
12. Senator Abdullahi Adamu
Two-term PDP governor of Nasarawa and senator in 2011. He joined the APC in 2014.
13. Senator Danjuma Goje
Two-term PDP governor of Gombe state and senator in 2011. He joined the APC in 2014.
14. Honourable Dakuku Peterside
He was a PDP House of Reps member from Rivers state. He joined the in 2014. He is currently the Director-General of NIMASA.
15. Senator Rabiu Kwankwaso
Two-term PDP governor of Kano state and former minister of defence under President Olusegun Obasanjo. He joined the APC in late 2013.
16. Mr Rotimi Amaechi
Former PDP Speaker of the Rivers state House of Assembly. Two-term PDP governor of Rivers. He joined APC in late 2013. He is currently the minister of transport.
17. Governor Rochas Okorocha of Imo state
He was a special adviser to PDP's President Olusegun Obasanjo. He joined APC in February 2013.
18. Senator George Akume
Two-term PDP governor of Benue state and senator in 2007. Left the party in December 2010 for the APC.
19. Governor Nasir El-Rufai of Kaduna state
Former FCT minister under President Obasanjo. Left the PDP in 2010.
20. Governor Bello Masari of Katsina state
PDP Speaker of the House of Reps from 2003 to 2007.
21. Senator Adamu Aliero
Two-term PDP governor of Kebbi state and senator in 2007. Later became FCT minister under Late President Umaru Musa Yar'Adua.
22. Senator Udoma Udo Udoma
Two-term PDP senator from Akwa-Ibom state. He is now the minister of budget and national planning.
23. Senator Chris Ngige
Anambra state governor under the PDP between 2003 to 2006. He is currently the minister of labour and employment.
24. Senator Andy Uba
Recently defected from the PDP to the APC after serving as a special assistant to former President Obasanjo and PDP senator for 5 years.
25. Governor Simon Lalong of Plateau state
Former Seaker of the Plateau state House of Assembly under the PDP.
26. Senator Joshua Dariye
Former governor of Plateau state for 8 years under the PDP.
27. Engineer Segun Oni
PDP governor for 3 years in Ekiti state. He is currently the APC national vice chairman for South west
28. Governor Abiola Ajimobi of Oyo state
PDP senator between 2004 to 2007 representing Oyo central senatorial district.
29. Governor Ibikunle Amosun from Ogun state
PDP senator from 2003 to 2007 representing Ogun central senatorial district
30. Governor Umar Ganduje of Kano state
Two –time deputy governor of Kano state under the PDP.
[/s]
Let's just agree for a second that they were the same corrupt people under PDP, what stopped Jonathan and his EFCC and law enforcement agencies from investigating, prosecuting and jailing them? last time I checked, they all defected while Jona was in office.
You people come up with the lamest logic to excuse away corruption.
famosh: Boy, it's either you tell too much lies or just plain ignorant. Go and do your research well: Jonathan met our GDP growth at 7.38% when he took over power & left it at 2.36% when he left office. Is this an improvement?
It is if you are ignorant and deceptive like the OP.
HIGHESTPOPORI: You can't blame Jonathan for how Obj and Atiku now in Apc ran d country under PDP,under Jonathan,life was far better in Nigeria,bag of rice was cheap,dollar was stable,increased minimum wage,boom in Agriculture.was Jonathan also responsible for d 1983 recession under Buhari?
Going by your flawed and 2 year old kid logic that we can not blame jona based on the way the people before him like OBJ and Atiku ran the country, then you can not blame PMB for how Jona ran the country.
Should we also blame OBJ, Atiki and PMB for the wholesale and institutionalized looting and stealing under Jona and also for Jona borrowing hundreds of billions to pay workers salaries?
I feel terrible for even paying you any attention.
obailala: Lol... you obviously arent able to see the big picture. Kindly tell us what you think was the forex demand in Nigeria in 1999 compared to 2015?
In 1999, are you aware we didnt even have ATM cards in Nigeria, we hardly even had internet or cybercafes then as compared to today when virtually everybody has access and wants to buy even handkerchiefs from overseas (high FX demand). Again in 1999, how many people did you know were involved in importation business? or random overseas travels with their families for summer holidays?... Are you aware that Nigeria has grown massively between 1999 and 2015 with the country now having a very large middle class demanding FX unlike in 1999 when it was only the top 0.01% of the population who demanded FX?
In 1999, how many people had cars in Nigeria and how much was the daily fuel demand/consumption in the country?... How many people even had generators to power their homes during blackouts in 1999 as compared to today when every student has an I-pass-my-neighbour generator (high fuel demand)? Also if I may ask, as at 1999, how much of Nigeria's fuel was imported as compared to today when virtually 99% of our massive 40 million litre/day fuel demand is imported?
I wouldn't even want to talk of the fact that today, everybody in Nigeria wears, eats, sleeps and breathes commodities which are imported from beyond our shores; even a sitting governor who should patronise Nigerian goods went ahead to marry an imported young wife to our amazement. Finally, what was even Nigeria's minimum wage and what was the total wage bill/recurrent expenditure of the government in 1999 compared to today?
In summary, if N10 in 1999 was sufficient to feed a family, N1000 would leave the same family in kwashiorkor in 2015; between 1999 till date, Nigeria's standard average demand for Forex has leaped by way more than 1000%. So the next time someone tells you OBJ met only $5billion in foreign reserves in 1999 and Nigeria wasn't in recession, kindly tell them that they should read beyond their elementary economics textbooks because a foreign reserve of $5billion in 1999 is equivalent to more than $50billion in 2015. Kindly tel me I am wrong and I will supply more details.
The OP is peddling flawed logic and his sense of reasoning is very elementary and stationary.
Judge orders final forfeiture of N34 billion linked to Diezani Alison-Madueke
A federal court in Lagos has ordered the final forfeiture of N23.4 billion, N9.08 billion, and $5 million (about N34 billion in total) linked to former petroleum minister, Diezani Alison-Madueke. Justice Muslim Hassan, who had issued an interim forfeiture order on the funds on January 6, on Thursday gave a “final forfeiture order” on the funds. The judge said he was satisfied with the Economic and Financial Crimes Commission’s argument that the monies were proceeds of illegal activity.
HIGHESTPOPORI: What do u mean by nothing to showw when d economy was d Largest in Africa under PDP?
Did the largest economy in Africa prevented Jona and PDP from borrowing hundreds of billions to pay workers salaries?
Were you enjoying un interrupted power supply even though PDP looted and stole $20 billion power funds?
Were you enjoying quality healthcare?
Were you enjoying good roads and bridges
Were you enjoying good schools
Did it prevent tens of thousands of unemployed young nigerians from showing up for phantom jobs that killed many of them in the process?
Did if prevent the PDP from looting your forex reserve and ECA dry
Did it prevent jona and Dasuki from looting and sharing billions of dollars
Did it prevent PDP looters from looting NNPC dry per all the hundreds of million of dollars showing up all over the place today per EFCC?
There's a clear difference between your GDP headache from your daily realities especially when the same people warned you back in 2014 to get ready to suffer.
TonyeBarcanista: Oil price has been on the rise since January 2016 without corresponding rise in the economy.
Your problem is deception and flawed logic.
The corresponding rise in the economy when oil was selling for almost double under Jonathan was borrowing hundreds of billion to pay workers salary and warnings for Nigerians to get ready to suffer.
Can you even show us what Nigerians gained for huge oil earnings under Jona when oil was selling for $100 per barrel?
Also show us the corresponding effects in terms of infrastructures delivered with the largest oil earnings and huge forex reserve under Jona and 16 years of PDP.
TonyeBarcanista: While the government inherited a country withfallen oil price, the oil price has been achieving growth since the second quarter of 2016. In fact, oil price has been at increase since January 2016. For instance, as at January 2016 it sold at $30 per barrel, in April 2016 it sold at $41/barrel, it sold at $52.62 per barrel in December 2016, $54 per barrel in January 2017 and now it is selling in the same region, but withot anything to show for its growth.
You want something to show from a 2 year old government saddled with low oil price $54 and lowest forex reserve, but you have nothing to show for a 16 year old PDP government with the largest oil earnings, largest forex reserve and revenue in the history of Nigeria that also witnessed oil selling for over $100 per barrel?