₦airaland Forum

EbolaParasite:
If no subsidy was paid in 2016, why is the pump price not 86 naira? Why should it increase to 135-145 if no subsidy was paid at 86? Am i missing something here?

koboko69:
[size=14pt]Nigerian govt borrowing billions to pay salaries – Okonjo-Iweala [/size](Premium Times)


http://www.premiumtimesng.com/business/182543-nigerian-govt-borrowing-billions-to-pay-salaries-okonjo-iweala.html


[size=14pt]Nigeria borrows to pay salaries with cash crunch worsening.[/size] (Vanguard)



Read more at: http://www.vanguardngr.com/2015/05/nigeria-borrows-to-pay-salaries-with-cash-crunch-worsening/


Dear Nairalanders,

This is the economic team that Jonathanians wish was still in power or want us to bring back to save Nigeria.

I pulled out this from 2 different sources as Nairaland political gladiators see Premium Times as APC sympathetic while Vanguard as PDP sympathetic. There shouldn't be any issue of biased reporting

Essense of this flash back;

There have been several attacks of the person of President Buhari and his Econmic team with Honourable Kemi Adeosun as the minister of finance and coordinating minster of the economy.

Oil price per barrel between Febuary and April 2015 hoovered between 54 to 57 dollars per barrel.

It is interesting to know that at this price, Jonathan and the mother of our economy were already borrowing to pay salaries and meet up obligations to contractors.

What would have been happening when oil went as low as 28 USD per barrel. Would Nigeria have been sold?

Naira was devalued to 197naira per dollar yet in didn't solve any problem as Nigeria still had to keep borrowing.
Will devaluing Niara solve anything now?

Fellow Nigerians,

Despite the lowest oil price rate of all times, President Buhari and Mrs Kemi Adeosun have never borrowed to pay salaries rather they have dished out bail out funds to states to pay salaries.

Despite the low oil prices, President Buhari was able defeat BokoHaram Technically. Please Note that alot of money is also being spent on this war, something the past government was struggling to achieve despite the huge resources allegedly spent on the war.

The present Economic situation have been expected even before this adminstration as evident in the several warnings issued by the past minister of Finance.
You can read her comments here even when oil was 74USD per barrel in case u missed the thread.
https://www.nairaland.com/2898459/what-okonjo-iweala-said-when-oil

In summary;

Buhari inherited a very big problem and have so far so good tried is best to navigate the ship Nigeria safefly.

I urge Jonathanians to take a chill pill, and give this adminstration some time as its first ever budget have just been passed.

God bless the Federal Repubic of Nigera

God bless Mr President

God bless the Honorable Minister of Finance

1 millions likes for President Buhari and Mrs Kemi Adeosun

TonyeBarcanista:
Why are people blowing hot air because a globally recognise and reputable medium(the Economist) tagged former president Goodluck Jonathan an ineffectual buffoon within the context of anti-corruption? Can we please for a few moment reflect our mind back to the statement of the Economist and tell ourselves whether or not it was true?

"The government(of Buhari) has cracked down on corruption, which had flourished under the previous president, Goodluck Jonathan, an ineffectual buffoon who let politicians and their cronies fill their pockets with impunity."
(The Economist 28/01/2016)

Who can claim that corruption didn't flourish under Jonathan administration? What happened to Princess Stella Oduah and her N260million bullet-proof car scam? What happened to Alison Madueke that sold off NNPC jet meant for use of petroleum minister but allegedly spent a whopping N10billion of tax-payers' money on charter jet while the former President refused to probe the issue and even shielded her from house of representative probe in 2014? What happened to the Alhaji Abdulrasheed Maina, the former chairman of the Pension Reform Task Team the recovered and re-looted billions of naira of our poor pensioners? What happened to Steven Orasanya the former head of service indicted for looting billions? What happened to the oil subsidy thieves, Alison Madueke and all those indicted by Mallam Nuhu Ribadu led Petroleum Revenue Special Task Force that was set-up by Jonathan's government in 2012? What happened to comrade Abba Moro, the former interior minister that sent young Nigerians to their early grave after fleecing each of them of their hard-earned N1000 in the name of immigration recruitment? How do we explain the fact that under Goodluck Jonathan, former governors from all parties took corruption to the zenith with ex-Gov Amaechi telling Nigerians that they steal because we don't stone them? What was his reaction? What happened to the $2.2billion cash for arms deal, and the re-looted Abacha $370million loot? Who gave Olisah Metuh N400 million? Didn't Jonathan agree that some cabals are taking advantage of subsidy (without bringing them to book)? Should we dismiss that also? Should we go on? Did corruption not thrive under Goodluck Jonathan's leadership at all level?

If we agree with the above then why should we fault the Economist when even Jonathan supporters agree that corruption thrived in the last administration even though they are quick to say "Buhari's men are not saints" (which of course is correct).

No Insult Intended...
An ineffectual buffoon is simply someone with odd or ridiculous behaviour that doesn't produce desired effect or doesn't meet expectation

If we are to be fair, we won't call the ineffectual buffoon tag an insult on Jonathan especially when putting the war against corruption into context like the Economist did. That he carries a humble demeanour or conceded defeat does not erode the fact that he was ineffective in tackling corruption, though his concession of defeat is worth commendation. The truth must be said. In fact, many, even among those that claim to be his supporters and those from his Ijaw ethnic group have at one time or the other tagged the former president clueless. I sympathise with Jonathan but this is a cross that he should be prepare to bear.

He is Not The First To Be Called A Buffoon
Let me also state that former president Goodluck Jonathan is not the only person nor the first to be tagged a buffoon. When British MP Sir Keir Starmer said “that(Donald Trump's behaviour) is not buffoonery, that is absolutely repugnant”, Americans didn't spit fire, neither did Republicans spat fire when British MP Tom Tugendhat called Trump an insane.

Goodluck Jonathan's sympathisers and foot solders should understand that the former president belongs to the past just like his predecessors in office. His deeds and misdeeds as President Jonathan(not Mr. Jonathan) will always be talked about just like we keep talking about those of Shehu Shagari, Sani Abacha, Gen IBB, Maj Gen Buhari, Chief Obasanjo, late Yar'adua etc. Whether for good or for bad, he/they are being remembered by what they have done and what they failed to do- President Muhammadu Buhari won't be an exception when he leaves power.






May God Bless Us All and Bless Nigeria

tuniski:
Your demigod buhari has been borrowing money to pay salaries since. We are in this perilous times cos of the cluelessness of those in govt today. I mean buhari/apc may God grant them clue and wisdom. Amen

SeverusSnape:
Liar, dullardeen paid for subsidy severally after saying there's nothing like it.

SeverusSnape:
That the defense most zombies always come up with. "Nigeria would have been worse bla bla bla...". Same way you guys were preaching the gospel of Buhari, "Nigeria would be better off with Buhari, Buhari will do this, he will do that". But we all know what's going on now.

Mr integrity who before now said there's nothing like subsidy, paid for subsidies for some months and now has removed the 'nonexistent' subsidy.

SeverusSnape:
Keep lying to yourself. Maybe he has made the Naira equal with the dollar, maybe he has paid youths their 5,000 stipend, maybe the security situation is now good with the rampaging herdsmen and militants, maybe the economy is in good shape now, and oh, He's diversifying the economy by looking for oil in Chad basin.

SeverusSnape:
Yes, We saw it coming, we knew Buhari was coming to destroy the economy of the country, we know he's a dullard.

SeverusSnape:
50%??..

I beg I no fit laugh. Even his most ardent zombie won't say this in public.

SeverusSnape:
Thanks to Buhari and his zombie horde.

SeverusSnape:
Don't mind them, Since they are becoming a monumental failure, They are now searching for ways to console themselves.

Jokers.

prophetfire:
I never doubted nor touted chibok a scam but de doubters are askin why a js1 student is among whn they said de skul was closed 4 security n only ss3 were recaled for exams. Let the authorities explain to de curious minds.

SeverusSnape:
This is tactical begging, He mustn't mention the word "please".

ganisucks:
Me too, i am begging the NDA to please pity our president. He was unwise and too quick too act. It is not his fault, he did it because of the unnecessary overrated hype attributed to him by his supporters who believed his fake chadian rebel stories. Please have mercy on us.

Mynd44:
Wait, I even forgot some people were on strike sef

aljharem:
are you minding the zombie

by next week let the issues not be solve and watch pengassan join in

kurt09:
Ineffective? Banks, Public School(university,primary,secondary,poly.), General hospitals etc are on strike.

Fyno:
we were told that all schools in chibok were closed for security reason but the ss3 students were asked to return for SSCE exams,now they are showing us a JSS1 student that resumed school barely 3 weeks just because may 29 is approaching.

Expect your grandfather to perform some drama on may29 with this scam.
But then if other critics of this govt are buch of lowlifs and has Akamu as brain then you among bunch of highest life must have expired yughort in your brain like your granny Pmb

DropShot:
Kudos to the Nigerian Army.

Anyone who calls it a scam should donate his or her family members for such scam and see how it feels. Bunch of lowlifes too plenty here abeg.

The biggest fraud in Nigeria's history was the shoeless, clueless, corrupt Ineffectual Buffoon under whose watch BH seized not only territories but also thousands of innocent citizens while his NSA and Service Chiefs made themselves billionaires from Security funds.

And the worst set of Nigerians are those who call the BH atrocious kidnapping of the Chibok Girls a scam despite incontrovertible evidences of the abduction. One has to wonder whether the white matter in their skull is not Akamu instead of brain.

People with functioning brains must understand that as the Sambisa forest gets cleared by the Army, many more hostages will be freed and some of them might turn out to be part of the Chibok Girls. Why were the previously rescued women from Sambisa not called the Chibok Girls?

Common sense has departed many people just because their useless candidate lost election.

DropShot:
Kudos to the Nigerian Army.

Anyone who calls it a scam should donate his or her family members for such scam and see how it feels. Bunch of lowlifes too plenty here abeg.

The biggest fraud in Nigeria's history was the shoeless, clueless, corrupt Ineffectual Buffoon under whose watch BH seized not only territories but also thousands of innocent citizens while his NSA and Service Chiefs made themselves billionaires from Security funds.

And the worst set of Nigerians are those who call the BH atrocious kidnapping of the Chibok Girls a scam despite incontrovertible evidences of the abduction. One has to wonder whether the white matter in their skull is not Akamu instead of brain.

People with functioning brains must understand that as the Sambisa forest gets cleared by the Army, many more hostages will be freed and some of them might turn out to be part of the Chibok Girls. Why were the previously rescued women from Sambisa not called the Chibok Girls?

Common sense has departed many people just because their useless candidate lost election.

DropShot:
Kudos to the Nigerian Army.

Anyone who calls it a scam should donate his or her family members for such scam and see how it feels. Bunch of lowlifes too plenty here abeg.

The biggest fraud in Nigeria's history was the shoeless, clueless, corrupt Ineffectual Buffoon under whose watch BH seized not only territories but also thousands of innocent citizens while his NSA and Service Chiefs made themselves billionaires from Security funds.

And the worst set of Nigerians are those who call the BH atrocious kidnapping of the Chibok Girls a scam despite incontrovertible evidences of the abduction. One has to wonder whether the white matter in their skull is not Akamu instead of brain.

People with functioning brains must understand that as the Sambisa forest gets cleared by the Army, many more hostages will be freed and some of them might turn out to be part of the Chibok Girls. Why were the previously rescued women from Sambisa not called the Chibok Girls?

Common sense has departed many people just because their useless candidate lost election.

Rexnegro:
the truth is the heat of NA and our neighboring con3 military men is telling on boko haram hence they re dropping the girls one by one.... they can't run anymore with the girls I tink....but say its a scam I don't believe that.