Ratello:

Which work? For which Country? Are you a learner?

DeanSim:
This is true and a remembrance, but we want lasting solution to the scarcity. This is APC, a change party they tag themselves. Just new to the system.
They have to show us there capability, by never experiencing re-occuring fuel shortages like the last administration and many other previous administration.

ethene:

But op for naija fuel and gas no cost reach like that. With 3,000 naira gas for my 12kg cylinder I dey rock am for one month plus

DONSMITH123:
The Senate Minority Leader and member of the Peoples Democratic Party, PDP, Senator Godswill Akpabio has appealed to Nigerians not to blame the current economy woes on the All Progressives Congress, APC, led government.Thank you my. Brother
Addressing journalists in Arochukwu, Abia State, Akpabio said the country’s current economic challenge was a global phenomenon orchestrated by the steady fall in oil prices.

Akpabio who advocated for diversification of the economy said the global economic meltdown is being felt more by Nigerians because the country runs a mono-economy built around oil.

He enjoined the Federal Government to pay attention to other sector of the economy like mining, agricultural and entrepreneurship ventures and as well as foreign direct investment to boost the country’s revenue base.

Akpabio said, “So, what has happened here is that with the massive failure, what we call oil glut in the market, the oil price has reduced below what we expected in the last 20 years. That automatically has affected our economy.

“It has nothing to do with which administration is in power. It has something to do with resources to be able to deliver the dividend of democracy.”

The former Governor while admitting the effect of the harsh economy on the citizenry sued for patience from Nigerians and solicited support for the present administration in the interest of the country.

“The country belongs to all of us and if the country collapses on our heads, it means that we bequeath nothing to our children,” he said.


http://dailypost.ng/2016/03/31/apc-not-responsible-for-current-economic-hardship-akpabio/

Quakertellicus1:
In other words....the companies want us to loosen forex restrictions.

The problem is...we cannot do that...unless we have enough forex coming in. And with our economy pegged to oil ,we cannot do that. Oilprcies are low.

If we did as the companies are suggesting...it would make things worse faster.

richidinho:
why?
what appun 2 the remaining N100bn because during the previous administration it used to be N185bn every month

Agbaletu:
N300! while they offered me N235 in Abuja. I sold it sha...

cuteboy2:
AbdulSamad Isyaku Rabiu, Executive Chairman of BUA Group (Dangote's main business rival), took an unusual step of writing a full page article in Business Day of Monday, 22 Feb 2016 claiming that the current naira free-fall is caused by a few greedy people, or more to the point, a particular person.

BUA Group is into the business of manufacturing of cement, sugar refinery, flour, edible oils, pasta and rice cultivation.



: http://www.osundefender.org/manufacturing-the-fx-situation-and-the-nigerian-economy-by-abdulsamad-rabiu/


Few days ago Dr Ifeanyi Ubah, CEO of Capital Oil took a rather unusual step of appearing on Channels TV on Sunday, 21/2/2016 to make a very bold claim that the current Naira slide is artificial, and is caused by a few individuals. He said that he "knows those behind the current foreign Afexchange crisis facing the nation and was ready to name them publicly".

He also staked his entire assets of N500b on his claim that he will expose the saboteurs, reverse the slide in 30 days and bring Naira back to 1$=N200. FG is yet to take up the offer. However, since these two

http://www.vanguardngr.com/2016/02/i-ll-name-those-behind-forex-crisis-if-says-ubah/Richest Black man?

http://www.authorityngr.com/2016/02/N200-PER-DOLLAR-PROPOSAL--Ifeanyi-Ubah-stakes-N500bn-assets/

Abdulsamad Rabiu spoke on Sunday, 21/2/16. The very next day, Ifeanyi Ubah spoke in same vein on Monday, 22/2/16.
Are these mere coincidences? is anybody thinking what I am thinking? Is anybody in Buhari's govt and economic team getting the message?

Both Abdulsamad Rabiu and Ifeanyi Ubah are seriously supporting Federal Govt policy not to devalue the Naira, whilst a powerful business men are secretly nudging FG to agree with IMF and devalue the Naira. Why? Who is benefiting from all these mess?

More importantly, which powerful individual or corporate entities are Abdulsamad Rabiu and Ifeanyi Ubah referring to, and even threatening to name? Nigerians wake up and shine your eyes oooooo!!

Meanwhile, in previous news, in January 2016 CBN Gov Emefiele visited Dangote's new refinery/petrochemical/fertilizer construction site at Lekki free trade zone and pledged that FGN will supply him all the dollars he needs for this private project at official rate of $1:N197, which is currently estimated at $10 billion. This represents 30% of our reserves. According to CBN, current Nigerian external reserves has dipped to $28 billion.

HungerBAD:
Sai Buhari.

Where are those that called Buhari a Dullard?

Where are those that insulted the Minister of Finance?

Where are the Doom Prophets?

When we said this artificial scarcity of Dollars, was orchestrated by the last standing soldiers of the Clueless one, we were called names. It's alright, Nigeria is getting there now.Tell them Jare

Buhari 5- Boko Haram 0

Buhari 5- Corruption 0

Buhari 5- Artificial scarcity 0

Buhari 5- MTN 0

Buhari 5- The Economy IMPROVING.


Changeeeeee.

chiedu7:
NariaLanders is remaining in Nigeria a must?

Are the South East and South-South not free to chart their own destiny?

dragonking2:
It is obvious lies...Wetin concern Niger deltans and kanu? Does kanu even know us? Let the igbos fight for kanu while we fight our own abi them not fit fight for themselves?

chuose:


you no hear say asari dokubo stands with Kanu's idea's

https://www.youtube.com/watch?v=SMZcfPDAApE


https://www.youtube.com/watch?v=G6gl7cLkxzk
There will always be a few exceptions but Asari. Is a nobody,just a thug

all of us in the south-south stand with the south-east, they are our cousins.

the west stands with the north, we the south-south stands with the industrious south-east.

nigeria has been siphoning our oil for too long
and using it to develop the north

imagine using our N40 billion to look for which oil in which north.

dragonking2:
Am a niger deltan but i dont believe this story.