TonyeBarcanista:

Well, I am not surprised to see the #BlameJonathan talk

you started this arguement urself, by laying the whole blame on buhari and CBN governor which is very wrong, Everybody under APC and PDP are to be blamed equally. bt majority of the blame should go to the former ruling party for failing to plan for the future appropriately, you cant compare the amount of foreign reserve left behind by OBASANJO(over $49bilion to the amount JONATHAN($30 billion) left behind for buhari. so i wonder why do u blame buhari.

Emekamex:
If I were president, this is what I will be doing now;

(1) INDEPENDENCE OF STATES ON FG
-Each state should set up large hectares of lands for agriculture. Each should cultivate crops adaptable to their climate and weather eg cocoa to the west, onions and groundnut to the north, cassava and palm kernel to the east etc.
-By setting up huge farms, the problem of unemployment to an extent will be reduced by employing jobless youths.
-Each state should also set up a unique industry capable of transforming resources within them into wealth eg kaduna state could set up textile industries that can use cultivated cotton found within its reach and transforming to marketable finished products.
-States should also go into mining the vast mineral resources abandoned by previous governments and converting them to incomes for the states.

(2) MORE INVESTMENT INTO RENEWABLE ENERGY
-More investments should be made in renewable energy by building more dams. The Kainji dam has been a consistent supplier of about 800MW of power on a daily basis. If more dams of the same or greater power capacity can be constructed in areas near the ocean or water like Lagos, Bayelsa, Rivers etc, the power sector will improve dramatically. The advantages of dams to gas plants in use nowadys is its consistency and reliability. Gas plants rely heavily on gas supply from pipelines, which over the years have been consistently vandalized. If funds used by previous administrations to set up these disappointing gas plants were invested in more dams, the power situation would have been more positive.

(3) MAKE GOVT POSITIONS LESS ATTRACTIVE
-The constitution should be amended in a way that government officials don't have a direct access to state treasury. By doing this, people going into politics to get rich will be greatly discouraged.
-The salaries and entitlements of legislators should be drastically reduced in line with the minimum wages of nigerians. At present their salaries are 275 times higher than the minimum wage.

(4) INVESTMENTS IN REFINERIES
More refineries should be setup, if possible each state having at least one. This will reduce the power of the cabals and oil marketers who have over the years caused nigerians unbearable hardships.

You forgot to mention that another name for democracy in Nigeria is CORRUPTION.
that is why the refineries in nigeria were built under the military regime.
Only the senate will frustrate this ur agenda in this our fake democracy.

LRNZH:


It is obvious.

he forgot to mention that in 2008 our foreign reserve was $64.8 bilion, bt in 2016 it is $28.8 bilion, the govt used it to defend the naira then.
http://www.thisdaylive.com/articles/2007-2012-movement-in-foreign-reserves-account/138991/

seunmsg:



Very simple, we have enough reserve to defend the naira as at that time and the oil price crash was not as sustained as what we are presently experiencing. You of all people should know this.

he is good in politics, bt nt an economist

the policy is the best for nw,

TonyeBarcanista:
Like I said, the Vanezuela situation is different from ours. Ours is yet to be devalued but it is crashing. Devaluation of our naira is another subject altogether. What we are seeing is Naira crash and not devaluation.


Read the Op again....

but the immediate solution has always been to devalue the naira, just like venezuela did. bt then what happens in the future if we fail to diversify our economy nw will be far dangerous,
it can be likened to when Jonathan refused to repair to the spoilt refinery and instead decide to spend N1.2trillion naira yearly for subsidy, whereas this same amount is enough to build 5 new refinery.
We have been devalueing our naira frm N0.80 to $1 and nw we are in N197 to $1, nw tell me what good has it been to nigeria, we must balance our import and export and their is no option.

TonyeBarcanista:

Vanezuela's currency didn't just crash like ours, it was devalued. These are two different issues. Ours is yet to be devalued and it crashed by 80% between Aug 2015 and Feb 2016.

NB: Our Currency is yet to be officially devaluated

venezuela's currency was devalued because of oil price crisis. we failed to save in the raining season, rather we chose to eat up our money, venezuela have to devalue their currency because it contributes 80% of their revenue just like nigeria. we have to stop decieving ourselves by blaming buhari, vanguard made mention of this as at 2011, pls check it out.
http://www.vanguardngr.com/2011/01/petroleum-imports-shame-of-a-nation/
.
http://www.vanguardngr.com/2015/07/oil-glut-rages-no-market-for-nigerian-crude/

TonyeBarcanista:

I believe you can comprehend. Read the OP again and the post after it to get the message. This is NOT the first time there will be oil slump in case you don't know.

why is the same oil slump affecting the economy of saudi-arabia and venezuela then or is buhari the president there.
http://oilprice.com/Latest-Energy-News/World-News/Oil-Crisis-Prompts-Venezuela-To-Hike-Fuel-Price-Devalue-Currency.html

a

la click la die

sai buhari

how will nigeria be good, when u are laying your complain via twitter- foreign media company. why nt do it via Nairaland - Naija media company.

a

m

j

even the bible recognised witches and wizard

you mean fornication

m

j

a

j

frankyychiji:
Tufiakwa!!

kedu ihe mere iji asi tufiakwa

j

t

nobody has made any gud reason why we should blame buhari for our current hardship.
therefore @op was right

he should be a prison warder.

how i wish i will be in this kind of relationship

he must appear in court, by fire by force.

frankyychiji:
You are even a confused Wailer

You are a confused ZOMBIE

t

frankyychiji:
Wailer! Ipob youth!

when did david mark join APC nw, is there nobody else from his senatorial zone that can replace him.
May God never allow me to move from grace to grass.