Politics › Re: Sick Leave: Buhari Could Remain In London For 4 More Months - Sahara Reporters by drss2(m): 7:28pm On Feb 05, 2017 |
wat a blatant abuse of power. test circle my foot. buari recession dullard should be impeached ASAP! |
Politics › Re: Buhari Extends His Sick Leave by Unspecified Number of Days by drss2(m): 7:11pm On Feb 05, 2017 |
dis is blatant abuse of power n grossly unconstitutional! unspecified no. of days could mean 365 days. buari recession dullard should be impeached immediately! |
Politics › Re: Director Is Dead by drss2(m): 2:42pm On Feb 05, 2017 |
one by one all d terrorist who commited crimes against IPOB shall disappear. |
Politics › Re: SHOCKER | UK Media Accuses Nigerian Army Of Arming Fulani Bandits by drss2(m): 11:05pm On Feb 04, 2017 |
dis is not new. some soldiers (a.bokis) wia even caught togeda with d so called libyan herdsmen in action by villagers but wia immediately released by nigerian army. incidents like dis are repressed heavily by sunni militia from getting to d media. nigerian army (sunni terrorist militia) have been working side by side with fulani terrorist to attack/wipe out villages n communities across d country. |
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Politics › Re: Breaking News - Core Northerners(nw&ne), Nigeria's biggest Thieves!(Report) by drss2(m): 10:02pm On Feb 04, 2017 |
na today u discover dis  i laugh at those who believe buari recession dullard is fighting corruption. |
Celebrities › Re: Southern Kaduna Killings: Audu Maikori Apologizes For Posting False Infor by drss2(m): 9:34pm On Feb 04, 2017 |
apologise under threats  we heard dat before. just like how they threaten d lawyer abandon his suit against buari dullard ova his certificate. |
Politics › Re: PHOTOS: Nasir Elrufai And Gen Buratai Lay Foundation For Permanent Army Base by drss2(m): 7:43pm On Feb 04, 2017 |
more like laying d foundation of a terror base. i pity southern kaduna pipul. d enemies ar stationing demselves right in their mids. |
Politics › Re: Boko Haram: As Security Agencies Close In On Borno Administration by drss2(m): 7:38pm On Feb 04, 2017 |
all sane minds already knew dat boko arams was d creation of d north for political gains. they will soon rip d full fruits of their labor. |
Politics › Re: Fayose Eats At NYSC Camp, Ise Ekiti (Pics) by drss2(m): 7:26pm On Feb 04, 2017 |
santino09: Hate him or love him. You must admit Fayose got style true talk. |
Politics › Re: See Newspaper Headlines Before 6th February Protest by drss2(m): 4:25pm On Feb 04, 2017 |
they will release more chibokk girls. |
Crime › Re: Nigerian Man Scammed 100 US Lonely Women. Will Be Jailed For 27 Years by drss2(m): 2:42pm On Feb 04, 2017 |
i remember dis particular scam was shown on IDx crime channel program "nowhere to hide." |
Politics › Re: Would GEJ Have Stopped This Recession? by drss2(m): 9:17am On Feb 04, 2017 |
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Politics › Re: Would GEJ Have Stopped This Recession? by drss2(m): 9:05am On Feb 04, 2017 |
paschu: In a nutshell, three policy blunders destroyed the economy of the nation. And PMB was DIRECTLY responsible for all the three blunders. And, nope, the drop in oil price was not part of it.
1. Failing to unite the country; and provoking the Niger Delta uneccessarily
PMB, without any due consultations, terminated the survilence contract that had been handled by ND youths for years now. (By the way I heard that he had reawarded the contract to a notherner). As if that was not enough he cut down the budget for the armnesty programe and threatened to terminate the program altogether.
Of course this was after dividing the country into 97% and 5%. Mind you, sane people from around the world (and even here on NL) warned the govenment about its economic suscide mission. But they were too sturbborn and arrogant to listen to the voice of wisdom.
In fact they actually bombed ND with impunity, forgeting that there can never be prosperity where there is no peace. By the time the ND youths were done avenging whatever, the oil production had been virtually grounded. The country's major source of forex had just crumbled. And that was for several months.
2. Instigating massive capital flight and demolishing investors' confidence
Trump had 90% of his team up prior to his inaugration. But PMB took nearly six monrhs (AFTER his inaugration) to setup what can be termed Nigeria's worst cabinet since 1999. He even called them "noise makers" before their assembly. This delay in setting up the country's executive team made foreig direct investors to start looking elsewhere.
And by the time the presidency started demonizing and threathening everyone, the foreign investors started flying away in droves.Now add this to the fact that up till now this government does not have a seasoned economic team nor direction. This shows why official inflation rate got shoot up by more than 100% in a little over 1 year. (You certainly do not want to hear the unofficial rate).
3. Erratic approach to foreign exchange terms and other related policies.
First the govt. woke up one morning and decided that folks could no longer withdraw or deposite forex over the counter, thereby creating massive panic, confusion and more erossion of investor confidence. In fact many companies were blocked from accessing their funds in forex. But the govt. suddenly reversed this policy after creating nedless confusion. Talk of trial and error.
Later the case of needful devaluation (or free floating) of the Naira came up. But the presidency vowed that it would never happen thereby sending the remaining investors away.
Of course the govt. later shifted their position (after doing the damage) and claimed that they had adopted a free float system. But guess what? It's all a lie. Naira is still being pegged, though no longer at N199. However the investors are not fooled. So they are still not here.
Plus, when the import dependent economy could no longer be fueled with the scarce forex, the cost of production soared and so did the inflation, thereby crippling the production and GDP generally. Yet, all the while, interest rates remained high and wages were either slashed or owed.
And, mind you, while most manufacturers and importers could not access forex at reasonable rates and were therefore closing down their shops, some religious and connected folks were getting the stuff from the govt. at some obscene and insanely subsidized rates.
That's how we got here in a nutshell.
In conclusion...
Of course there is no way the previous govetnment (of seasoned technocrats) could have made any of the above three mistakes. And mind you those three mistakes are not actually distinct from each other. One simply led to the other until they translated to the vicious circle they are now. Unfortunately folks like you keep taking the night for the day. very apt n concise. only zombies think otherwise. |
Politics › Re: Nigeria ‘cited Most Dangerous Place For Christians In The World’, Says US Congre by drss2(m): 8:41am On Feb 04, 2017 |
for those who think nigeria is not under islamic control, well hia is ur proof. internationl community see nigeria as an islamic country. to think dat christians in nigeria can be refered to as an endangered group in nijeriya by d international community goes to show d level of islamization currently being implemented under buari dullard's govt. |
Politics › Re: Fulanis Never Breed Trouble, Foreigners Dress-up Like Them To Kill- Tukur by drss2(m): 7:13pm On Feb 03, 2017 |
foriegners indeed. yet wen apostle sulaiman told his members to defend demsleves against d so called foriegn libyan herdsmen, northerners started sparking  northern demons of death know demselves. why protest to d point of arresting suleiman in commando style if truelly d killer herdsmen ar foriegners  classic taqiyya principle on display. repeating lies ova n ova again to decieve d gullible. yeye dey smell. |
Politics › Re: My Prophecy About Buhari Have Come To Pass by drss2(m): 3:52pm On Feb 03, 2017 |
true talk. those who expect eldorado ar d ones disapointed. |
Politics › Re: Buhari Will Be Nigeria Worst President by drss2(m): 1:09pm On Feb 03, 2017 |
acenazt: If buhari's tenure becomes bad gej is to blame. He was lax with bh, economy is down, naija in debt, foreign reserves low, and naira becoming worthless. Buhari is going to face challenges in all aspects. Security is the biggest issue ar u still blaming GEJ  |
Politics › Re: Buhari Will Be Nigeria Worst President by drss2(m): 12:57pm On Feb 03, 2017 |
only pipul with high iq understood wat op said about buari in 2015. |
Politics › Re: DSS Operatives Seal CoreTV Abuja by drss2(m): 12:49pm On Feb 03, 2017 |
freedom of d press died d day buari recession dullard/walking dead was sworned in. |
Politics › Re: No Any Christian Was Ambush By Herdsmen... College Of Edu. Registrar by drss2(m): 3:10pm On Jan 28, 2017 |
taqiyya alert. check d dates of publications. d so called skool management must be magicians who can see d future.
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Politics › Re: Forceful Conversion To Islam & Forced Islamic Marriage: Lawyers Petition Igp by drss2(m): 12:27pm On Jan 28, 2017 |
want to know more about islam  check my profile. buy d book; "The People vs Muhammad" to understand d real islam. ur eyes will open! muslims ar captives of their own religion. |
Politics › Re: Police Colludes With Emir's Son To Abduct A Christian Girl,converts Her To Islam by drss2(m): 8:27am On Jan 28, 2017 |
EdCure: To the so-called moderate Moslems: THIS IS ISLAMIC TERRORISM. You can put as many posts up as you like trying to make out your religion doesnt have a massive problem with violence but it will never ever change the truth - Islam has a massive problem with violence, rape, paedophilia. A MASSIVE one. buy d book: "The People vs Muhammad" n u will understand why these pipul do wat they do. they ar captives of their own religion. |
Politics › Re: Police Colludes With Emir's Son To Abduct A Christian Girl,converts Her To Islam by drss2(m): 8:23am On Jan 28, 2017 |
owobokiri: This is what happens when the rest of the country keeps quiet while one group methodically floods the police and army with her own. It becomes the fulani police. It is no more the Nigerian police. The defense and protection of a weird culture has now become the norm and goal within the police force... The other day, the army was busy according the sultan of sokoto the same respect accorded a General and everybody looked the other way. Such debasement of the states basic institutions by a tiny but pugnacious few shouldn't be allowed in a multi ethnic society.. dis is not just criminality but JIHAD in action. depopulate christians in nigeria by kidnaping young christian female children from their parents. wat a way to advance islam through population. classic case of child traffiking. but of couse, naptip will pretend to be deaf n dump to these criminals/islamic terrorist rings. islam depends on lies, bloodshed n criminality to survive. |
Politics › Re: Police Colludes With Emir's Son To Abduct A Christian Girl,converts Her To Islam by drss2(m): 8:14am On Jan 28, 2017 |
want to know d truth about islam  check my profile. |
Politics › Re: Fresh Evidence That President Buhari Is Alive In UK by drss2(m): 10:07pm On Jan 27, 2017 |
govt of lies. d more they post old pictures, d more d rumor becoms true. yeye pipul. |
Politics › Re: Tinubu Visited By John Bray, US Consular General At His Lagos Residence (pics) by drss2(m): 9:56pm On Jan 27, 2017 |
of couse, d US govt will want to know how their undercover/obama agent is doing in nigeria. watch out for more confusion in dis con3. |
Politics › Re: Photos Of President Buhari With Ogun State Governor And Others In London by drss2(m): 9:42pm On Jan 27, 2017 |
after they got busted withd first pic they now released anoda never seen buari photo. we want video proof of buari not pictures |
Politics › Re: The Recent Picture Of Buhari With EU Parliament President Is Fake by drss2(m): 6:30pm On Jan 27, 2017 |
who dey hold meetings wearing light clothes for winter season like dis in europe  |
Politics › Re: . by drss2(m): 6:13pm On Jan 27, 2017 |
still releasing old photos as usual. |
Politics › Re: Reason Why You Should Stop Reading Vanguard Newspaper. Pix by drss2(m): 5:25pm On Jan 27, 2017 |
Nbote: OP and other morons, how com d skool issued a rejoinder a day before Vanguard reported d news? For U claiming d paper is trying to stoke religious violence, has there been killings in southern kaduna by fulani herdsmen or not? Has there been killings in other parts by d same herdsmen or not? To think there wasn't much done all these while until ppl started calling for self defense den Una remember say una get mouth and can type abi? Northern leaders are claiming d ppl carrying out these attacks are aliens but yet "Aliens" came to surrender hundreds of AK 47s in Katsina jus a few days ago. I really do wish some of U can actually b in a position where ur voice isn't been heard, then I'll know whether u can com and spew d senseless and moronic thrash some of U spew online. all dis talk about libyan, malian n senegalese herdsmen is part of their taqiyya to decieve n hide d true identities d killers. like i said before, 99.9% of cattle rustlers in nigeria ar fulani herdsmen. |
Politics › Re: "Buhari Can No Longer Talk" Now Trends On Twitter by drss2(m): 5:15pm On Jan 27, 2017 |
before dem say him deaf, now him don dumb. nigerians voted a deaf n dumb president. |