Jpphilips's Posts
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Scholes007:What do you think this thread is about? Number of biscuit businesses in the south east? |
Scholes007:Does that "fighting" have a grave consequence for Igbo importers, yes or no? |
Scholes007:You have an acute comprehension problem. If I were you, I will read the post again. |
Scholes007:Afam in the South East? which bush are you reporting from? Glad you said Jonathan is still "proposing" Oji river thermal plant, well, OBJ equally proposed same, neither of them have started anything yet. when next you see a post read and digest before making comments. |
Scholes007:I am yet to understand how this is related to the thread. |
Scholes007:lolzzzzzzz, tell that to the importers crying at Apapa . |
Scholes007:Is Enugu Depot working or not? |
aguiyi:Goat go and earn $$ through export and stop whining |
The South east have been a battle ground for political mischief over the years. Another election is around the corner and the power brokers are at it again, needless to mention the need for the actors and spectators to harmonize political interest. It is no longer news that the subterfuge of President Jonathan has not only eroded reasoning but have equally failed logic of the average south easterner. Once is a while when the music gets to a crescendo, we pause to relieve our breath. In many quarters of ignorance, however unimpressed pundits like us felt about Jonathan's presidency, a scan through of his touted achievements is a proof that the south easterners are living in denial. ROADS: Funny how Nigerians still bask in the euphoria of development when administrators at State and Federal levels resurface roads, this obligatory stride is magnified to an insulting proportion especially when it becomes a campaign slogan for politicians. The South Eastern states in focus is made up of Imo, Anambra, Enugu and Ebonyi states, to travel from Imo to Anambra presents the Owerri-Onitsha road as the most plausible federal route option, no doubt, this road is resurfaced today, however,most South easterners are oblivious of the fact that the resurfacing of that road stems its history from OBJ through Yaradua but completed with Jonathan, however encouraging that may sound, I still ask, is there any other federal route apart from that one? Anambra to Enugu is left with Onitsha to Enugu (in terrible shape by the way) and Enugu to Abakiliki through Enugu - Ph express way another death trap. Based on the above facts, Jonathan has alienated two states out of four in the South east by virtue of terrible federal roads, the funny part is that the Enugu - Onitsha alternative is a state road which seems to be in a better shape than the federal road, never mind that the so called roads awaiting to be resurfaced by the Jonathan's administration were created by the military, mostly northerners by extension. Till date, Jonathan is yet to create a second federal route that will connect the South eastern states. TRANSPORTATION: Two significant events reshaped Jonathan's stewardship in the last 5yrs, upgrading of the existing Akanu Ibiam airport to international status and the repair of the Portharcourt to Enugu rail routes. Each time I look at the average Igbo man and how this two projects would have changed his life forever, I cannot but pray for the igbo man to wake up from his slumber. The Akanu Ibiam international airport sure will open the South east to the world, Ethiopian airlines is licensed to operate that route for now, I always wonder where Orji Uzor kalu and Authur Eze two Igbo sons that are stake holders in the aviation sector dissolved to when that license was granted? bearing in mind that Nigeria has no national carrier. I may not know whether or not they have the capacity to go international but the recent Skytrax rating of our "face me I face you" airport calls for serious concern. After all the hype, noise and billions in resources spent, this Jonathan's Greek gift neither made it to the first 800 in the world neither did it make the 100 place in Africa, while poor Kenya made the 9th position in Africa, is this what the Igbos really deserve?. President Jonathan's rail project was the biggest slap on the Igbos for those who understand the dynamics of the South east economy. If strategically positioned would have been the game changer for the Igbos in generations to come. There are two economic hubs in South east Nigeria, Onitsha and Nnewi both in Anambra state. While Nnewi is drawing its blood from its robust manufacturing base, Onitsha is pulling its weight from it robust FOREX and importation strong holds. Bearing in mind that whatever affects Onitsha easily affects Nnewi owing to their geographic proximity, I will beam my search light on Onitsha. During the rail projects, I was expecting that President Jonathan being a lover of Igbos like he claimed would have prioritized APAPA to Onitsha rail route. As I type, this route is non existent, meanwhile, this is the only route that would have been the economic game changer in the South East. The absence of a rail line on this route is the reason Benin-ore road, Ore-Lagos routes don't last due to the intense, unabated use of heavy duty truck carrying containers on this route, cement distributors like Ibeto, Dangote and Lafarge have equally contributed to her woes. During a field trip in the south east, a container cleared in APAPA enroute Onitsha will cost 400,000 naira on haulage alone, sundry expenditures could pull between 650k to 700k off the importer depending on the consignment, considering the nature of the road (especially the ore-Lagos route), there is a 50% chance the container will not arrive its destination, Jonathan the false Igbo messiah ran to the already existing PH-Enugu route, a route whose economic relevance stemmed from the days of the British, when coal was ferried from Enugu and exported through Portharcourt to do a quick fix for vain glory. In other words, the president failed to connect one of Africa's busiest ports with West Africa's biggest market and igbos saw nothing wrong with that. In 2011, Jonathan made a promise to South easterners that he will do a second Niger bridge (the latest victim of heavy duty haulage from Lagos to the east) 4yrs on, the Igbos are satisfied that the project is still at the pilling stage. According to them, they said that Jonathan appointed the first Igbo chief of army staff, but immediately I ask, has the NDA and the Direct Short service quota for the SE increased? they hardly wait to give me an answer. Does it mean that a group of supposed intelligent and industrious people barely know where their interest lie? ELECTRICITY While I was expecting the SE to demand justice for the way interstate (a friend of the president by the way) muscled away viable competitors who had the capacity to turn around their power woes during the sale of EEDC, it never harped on the South easterners that Jonathan's administration did a great disservice to them. Do they care? Not until Jonathan proposed a coal power plant for kogi state (Enugu's closest neighbor), a 1,200MW coal power plant in Itobe Kogi state, the project is expected to come alive in 2018, tell me, between Enugu (the coal city state) and Itobe Kogi state, who deserves a coal power plant? If any Igbo man answers this question, I will have no need to continue this expose. ECONOMY Often times we wonder; who is the loser in Jonathan's abysmal handling of the economy? ans: South East. The PDP strategy: PDP before now has a way to keep the people happy in suffering, if asked, you will say that Nigeria is a near tax free nation but is it really true? Jonathan's government knows that Nigeria is an import based economy and there is need to allow the pitiable manufacturing base to grow, so instead of taxing consumer goods at point of consumption, they are taxed at point of entry. This strategy is the reason why most Igbo businesses have failed in recent times. Ask yourself, how many developing countries in the world do you pay duty higher than the cost of purchase especially cars? or does duty not qualify as a form of taxation? In Jonathan's government, economic maneuvers with grave consequences are not meant to be mentioned: Increase in pump price is called Subsidy removal. Increase in taxation is called FIRS receipt etc, with such gimmicks the average Igbo man hardly realizes that Jonathan is his biggest economic Nightmare. Pay attention to these excerpt in the 2015 budget: “In 2015, the federal government will be ramping up the Federal Inland Revenue Service (FIRS)/McKinsey initiative to contribute an extra N160 billion in tax receipts and an aggregate of about N460 billion over and above the 2014 levels in the 2015-2017 period,” Mrs. Okonjo-Iweala said. “There will be a surcharge on Business and First Class Tickets on Airlines. There will be no surcharge on economy tickets. There is also an imposition of 3 per cent luxury surcharge on champagnes, wines and spirits to generate about N2.3 billion in 2015;In an economy with high unemployment rate here is what Iweala is proposing for 2015 and they are keeping it quiet now because of elections. In taxes, the minister hinted of a possible but gradual increase in Value Added Tax (VAT) but only as a long term measure, but in the medium term, focus will be on tax policy to see where opportunities lie to streamline and rationalize certain taxes and levies whilst looking to boost others.What it means for the Igbo man is that 2015 will not be business as usual, even though you are deceived to vote as usual, Igbos should expect very high duty this year which will make your goods expensive hence lower your patronage, this is Jonathan's Greek gift for your 2015 patronage at the polls. It is no longer news that 1 US dollar is exchanging for 225 naira under Jonathan, what it means to an average Igbo man is that if your 40ft container is worth $60,000 (9.3m naira) you will need 13.5m to order the same 40ft container you just bought last year. At the port, Jonathan will send you another message through Iweala, and if you don't have 4.2m to complete the balance, you better go back to your village or better still collect his fertilizer to start farming, or worse still, apply for a traffic warden job like he has proposed. God help you if you have kids studying abroad, Jonathan's incompetence has increased their tuition by 40%. These are the economic realities facing the South Easterner however ugly it presents itself. Meanwhile, while Jonathan is draining your capital, he has not made any attempt whatsoever to cut down on the largess going on in Government, evidenced by his unwillingness to fight corruption. Under Goodluck, Anambra state lost it's bid to being an oil producing state. How can a group of hardworking legitimate people be scared of Buhari? the thieves are scared, the undisciplined is scared, what are you scared of? ENERGY: Since 2004, no South Easterner can boast of buying any petroleum product at the government approved rate always, while the Govt approved rate is 97naira, south easterners buy between 110-115 naira, have you guys bothered to ask why? Ans; Enugu Depot is not working. This is how it works, Petrol used in Enugu, Ebonyi, and Anambra come from either Portharcourt or Warri, if the right thing is done, it is supposed to be coming from the Enugu depot, the increased transport fare (tanker hire) will be added to the products so it hardly sells for the Govt approved rate. Now you know, for a pretty long time, you guys have suffered this and Govt after Govt including Jonathan your beloved didn't care as much as OBJ never cared, do you know what the problem is ? There is a pipeline section at Okigwe, it is not like the whole pipeline have to be replaced but just the Okigwe section, that is the Genesis of your suffering. I am yet to understand the zombie follower ship Jonathan has in the South East, South- South his father land has already dropped him like a hot object (Rivers and Bayelsa), what is the SE waiting for? According to Patrick Obahiagbon " there is no reason for Nigerians to pontificate the faucet origo of a presidential aspirant" whatever that means .There is an Igbo adage that says that the Local dog follows a man with running stomach with the hope that if he doesn't vomit, he will defecate, so far, Jonathan as the man with the running stomach has refused to defecate nor Vomit, it is mind bugling why the South easterners are following him about. |
Chillisauce:Roast about, the giant ladies of the deck ![]() |
Kingspin:Anything that is not Dr Goodluck Ebele Jonathan GCFR. |
[quote author=Emeca post=31030660] i said his tenure had been been affected by the 2008 crisis as opposed to OBJ's tenure. I'm talking abt the affter effects of the crisis like capital flight, loss of investor confidence. The prevailing economic conditions under OBJ was better than GEJ.It doesn't matter what you said, what matters is the truth, there was no Jonathan's presidency in 2008, he took over in 2010 at the demise of Yaradua, the 2008 storm was almost over when Jonathan took the mantle of leadership. Price of crude in DEC 2010 was $91.8/bbl, satisfied? Btw....so Jonathan is responsible for oil theft and for oil companies experiencing production shortfalls. I hope u know how deluded u sound. Do u remember dat it was during Yar'adua' tenure dat we had d biggest loss in oil ouput and revenue due to bunkering and sabotage by militants. U still remember the part GEJ played as VP and a niger-deltan to end militancy.Jonathan awarded a contract of $1b to his c0ck mates to keep an eye on our pipelines, on the same pipeline, 400,000bbls of crude is stolen daily which is worth $48,000,000, where do we fix culpability? I am asking you a direct question now. Why we couldn't save during the rainy days?? Do u remember the finance misnister complaining dat governors bluntly refused to have some money put away. They asked for the money to be shared....a right enshrined in the constitution. Jonathan is to be blamed for dat tooWell, I don't know if you are a personal friend to the finance minister to be privy to her bedroom talks, what we know as Nigerians is that, the Governors decided to take the FG to court to share the ECA because they found out that it was used to bankroll, Jonathan's 2011 election, if that is not misappropriation, what else? the governors lost confidence in the ability of the FG to remain the sole custodian of their general wealth. The ECR has been in existence since OBJ's days and no Governor has ever asked for his share, can we safely assume that OBJ amidst his corrupt tendencies never tampered with those funds? [color=#990000]"Why did we save under Obasanjo but not under Jonathan? Two keywords explain it: leadership and integrity. Governor Amaechi said the governors insisted on sharing the funds because they found out that you were illegally fiddling with the savings. So, as Nigerians still wonder, if billions of dollars are now ‘missing’ under your nose, why should governors trust you to keep their money? ".........Prof chukwuma Soludo.We also know that before the Governors asked for their share of the ECA, the FG is already running a budget deficit, in court, the FG did not wait for judgement but agreed to settle out of court where they both agreed to share the funds, can we safely assume here that it was equally in the interest of the FG to share the funds (budget deficit concerns) irrespective of the fact that the governors were doing the asking? We equally know that after the money was shared, the FG mapped out $1b from her share and called it SWF, till date we have not heard where the money is invested and what was done with it. Finally, we know that the ECA account is entirely different from the foreign reserve account, under Jonathan ECA was shared and Foreign reserve depleted. To answer your question on whose fault it was, Jonathan shared an ECR account created by OBJ, how many did he create? Jonathan depleted the Foreign reserve account, another OBJ's brain child, how many did Jonathan create? The norwegian boats u mentioned was acquired to stop piracy and consequently...oil theft. So Jonathan is wrong to commission the task to people who know the creeks more than the Nigerian military. , who will refund our $48,000,000 stolen daily under their watch?Your buhari and his cohorts from the north are the reason why d country is in the current mess. They laid no credible foundation as ex-leaders but rather spent their time abusing human rights and stiffling freedom.The only mess I am seeing here is Jonathan till you prove otherwise. |
[quote author=barcanista post=31011257] You noticed that I've not said anything on job creation? This is because we need to get our fact right and not say my neighbour was employed by NTA under Obj, hence he is better than Jonathan. Let me restate that Jonathan often times goofed in his handling of the economy especially the free role given to NOI, that doesn't make his predecessor Obj better.You agreed that Jonathan failed but you go ahead to compare him with OBJ when you have not told us whether OBJ failed or succeeded, what kind of Logic is that? Nigeria as at today is moving towards capitalist economy, this means the civil service will continue to experience a downturn in employment while the private sector will employ more but admittedly the process is slow due to corruption in the system. With the exit of some rogues and the availability of FOI we shall continue to push for the War against corruption and will continue to disgrace corrupt officials, while we appreciate the government drives in his expansion project of the economy.Again you admit that Jonathan scored an F9 in check mating his management processes, to take solace, you run to the masses encouraging them to maximize the FOI, to put pressure on government like the man there is designed to be a statue or perhaps a car without an engine that requires constant pushing, in Soyinka's words, "you are speaking from the two compasses of your mouth". You mentioned Nigeria drifting towards a capitalist economy, the last time I checked, China is the only successful communist economy in the world, in the ranking of successful economies in the world, first to ten are capitalist save for China, so what is Nigeria doing wrong here? I will need to understand you better. In a bid to justify your capitalist stance, you erroneously assumed that when an economy drifts towards capitalist, there will be less Govt jobs or rather people will move from Govt to private jobs, that is a fallacy that has no bearing. In every economy, capitalist or socialist/welfare, the govt remains the highest employer of labor. In a country like Nigeria where unemployment is 71% according to NBS, there is enough human capital to go round in both public and private sectors. The Agric, transport and manufacturing sectors that are expanding is capable of creating lots of jobs that will make our country progress and not civil service redundant jobs.Are you not tired of making blank statements? I have challenged the Agric sector pundits and so far, nobody can prove, that Jonathan has done anything different in that sector, as a matter of fact, most of the things Jonathan is making noise with in the Agric sector is what previous administrations don't even talk about, let me give you some examples. Babangida and Abacha's PTF built the 13 existing Silos we have in this country, Jonathan promised another 20, so far, he has been able to deliver just 9, the rest are voice mail, so what is the noise about in the Agricultural sector? Fertilizer distribution under Abacha's PTF revived NAFCON, kept it in business for years, today Jonathan's Fertilizer achievements cannot even revive NAFCON let alone keep it in business, sorry I forgot, NAFCON is now Notore, so what is that "iroko" that cannot have a meaningful impact in this country? Rightly put, a chemical engineer could be employed by NAFCON before Jonathan, now, a graduate of chemical engineering is a beneficiary of fertilizer to start farming ![]() On transport, he upgraded Akanu Ibiam airport to international status meanwhile, employment and revenue goes to the Ethiopian govt whose national carrier "Ethiopian airlines" is plying the airport ![]() How about the fact that he forgot to do a rail line from Apapa to Onitsha housing the biggest market in west Africa, that rail line alone will knock off 40% of heavy duty trucks on the Lagos-Benin highway, he opted to repair the existing portharcourt to Enugu route, with zero economic relevance to the Nigerian people, as a matter of fact, a journey from PH to Enugu will cost you less than 2k for 3.5hrs, Jonathan's trains will probably cost less for 10hrs ![]() Should the government up its power reform effort and pursue the provision of relevant infrastriucture as well as close up in fighting corruption, the sky will be our starting point. Thankfully, we are witnessing signs of seriousness, all we need is continuous support of the Government and criticism where possible.Glad you agree that Jonathan scored an F9 in the power sector. With respect to Obasanjo, he KILLED the banking sector and almost destroyed our financial market, Sanusi Lamido had to clean up the system from scratch. That is why their jobs weren't sustainable. I am watching the new CBN boss and the Trade and Investment Minister closely.This statement is not only a lie, it is misleading and very unpatriotic for you to say it in public. Obasanjo did not inherit a real financial sector, our banks in 1999 does not qualify as a bank, they are basically "Akawo" homes, according to Soludo, all the banks in Nigeria put together cannot raise a facility of $300m, it was that bad. Pre-consolidation, there was no year that one bank will not collapse with depositors funds therein, that was the Nigeria we lived in those days, I am yet to recover from the shock of Allied, CCB and Savanna banks till date. With Obasanjo's sincerity of purpose, he went shopping for the best hands to put a stop to that madness, by the time his team was done with our financial system, the banks grew from "Akawo" houses to multi national institutions, so big that we needed micro finance banks for SME's, here are the verdicts that Nigerians witnessed at the time; "It did not cost Nigerian taxpayers one penny. Twenty-five new, stronger banks emerged but the powerful idea behind consolidation ignited something even more powerful—‘the race to the top’. Banks raised more capital, and even banks like First Bank, Zenith, GTB, etc that did not merge with others went on capital raising several times. The consequence was higher levels of capitalization and within two years, 14 Nigerian banks were in the top 1000 banks in the world and two in the top 300 (no Nigerian bank was in the top 1000 before I came). Even after I left office, still 9 banks were in the top 1000. Our vision was to have a Nigerian bank in the top 100 banks within 10 years. As I see the new Access bank; Zenith, GTB, Fidelity, Diamond, UBA, FBN, FCMB, Skye, Stanbic IBTC, Union, Ecobank, etc, I cannot but feel that we have taken giant steps forward"...........Chukwuma Soludo Prof.."For every 5 Nigerians with a "good" job, 3 are bankers........buisness day It is a shame that because of cheap political affiliation, you want to rewrite the history of the Nigerian Financial sector. |
Kingspin:are they your facts? |
Kingspin:Today's parliament seems to be a little different from other parliaments because one of us complained of unemployment in the face of several lies and mystic transformation, in his words he said he is "pained", based on that, fellow parliamentarians have decided to look into his ordeal with facts void of sentiments. Unless you have a few facts to throw around, I rather you excuse us, the era of propaganda and shooting blanks is over. |
Emeca:Gej was not the President in 2008 wake up! Nigeria under GEJ is loosing over 400,000bbls of crude daily as alleged by Soludo and confirmed by Shell. Entertain yourself here: thenationonlineng.net/new/thieves-steal-n7-3b-oil-daily/ Jonathan is responsible for the accruing loss in revenue. when oil was at $115 that loss is $46,000,000 Daily. Are you still worried why we couldn't save during the rainy days? oh! the thieves are invisible, meanwhile two of Jonathan's c0ck mates are patrolling our waters with our $1b, Entertain yourself here : m.dailytimes.com.ng/article/actors-foes#.VKnUAMXgHa8 who else do you wanna blame, Buhari? Please lets have a good laugh, BTW did you hear what the money was used for? have another laugh here: http://www.premiumtimesng.com/news/headlines/173222-norway-sells-warships-combat-boats-ex-militant-leader-tompolo.html. lol, country for the blind. |
Kingspin:Culpability has shifted from Mazi Jonathan to state Governors? lolzzzzzzz. Nigerians will never learn, do I really sound unemployed to you? just curious. Trust me if I should be on someone's payroll definitely not Jonathan after all he has just traffic warden jobs and fertilizer to offer me. |
DoctorMcgruff:Nissan is yet to admit that Nigeria is one of it's Assembly hub, GEJ is yet to explain to Nigerians what he is doing with Stallion motors as evidenced here: en.m.wikipedia.org/wiki/Nissan Even Kenya was listed Hyundai does not equally recognise Nigeria as its Assembly hub as evidenced here: worldwide.hyundai.com/WW/Corporate/Network/Manufacturing/index.html Do you really know what GE does in Nigeria? how does GE concern Jonathan? Are you having a good laugh now? |
DoctorMcgruff:Did you find the post amusing too? |
barcanista:This is the most ridiculous post of 2015, you deserve a circus time in a Nazi theatre, do you reside in Nigeria? |
Kingspin:Are you this low? Traffic warden jobs, farm laborer jobs etc. Please who are you guys? |
ideologies:lolzzzzzzz |
[quote author=remzytimer post=31003930] You seems not sure of what you are saying, or i should say you don't know what you are saying, how many of your brother were employed and how many were employed from your street during OBJ's regim. He was the who kill our economy and thereby cause a lot of unemployment in the society, they did not have any arrangement with private industry on employment issue rather they focused on their personal revenue, do you know how much he collected from MTN and every 1% card recharged goes into his personal account......I can vividly remember one of OBj's statement " That he has not found anyone killed hunger and that many can afford to buy gulder for N200"That is the problem with you guys, always finding a way to deviate from the substance, who said OBJ was not corrupt? but you will not down play the fact that he has sincerity of purpose in some areas, unlike Jonathan who is corrupt too but is totally directionless in his running of the country. what has 1% MTN unverified claim got to do with what we are saying? or you have a joint account with OBJ? GOODLUCK CAME UP WITH:This policy is one of the major issues bedazzling our economy today, remember it was done at the nick of 2011 election, to impress people like you, he never anticipated that oil prices will crash, someone whose economy is dependent on a volatile commodity, that was a 200% increase in one swoop, how many nations in the world has ever done that? States cannot pay and states with weak IGR are cutting salaries or owing workers or in heavy debt burden. the increment was an economic blunder, it was a tool to score political gains which most 2011 supporters are suffering it today, are you surprised most of them have joined the Buhari train? 2: WE NOW HAVE SCHOLARSHIP BY THE FEDERAL GOVT TO ALL FIRST CLASS GRADUATE ![]() 3: INDUSTRIAL REVOLUTION TO REVIVE ALL OUR DEAD INDUSTRIES THAT WERE KILLED DUE TO PAST LEADER PERSONAL EGOAre you not old enough to mention each industry, who killed it and what was done to revive it, I think I have grown beyond blank statements 4: SURE-P TO ENCOURAGE YOUNG ENTREPRENEURSAnother Blank statement, mention who the beneficiary is, what he was given, how many people he has employed compared to the population of jobless youths out there. Banks were writing test in two venues at every state during OBJ, employing people on Monthly basis. 5: GRADUATE INTERNSHIP PROGRAMME ,TO MAKE ALL OUR GRADUATE MORE EMPLOYABLEBlank statement 6: WOO INVESTORS, SO AS TO HAVE MORE INDUSTRIES BECAUSE WITHOUT INDUSTRIES THERE WILL ALWAYS BE UNEMPLOYED GRADUATE you woo industries but your people are complaining of employment, who did the industry employ, ghosts?7: MANY WERE EMPLOYED IN THE MINISTRY OF FOREIGN AFFAIRS, MINISTRY OF LABOUR AND OTHER MINISTRIES ![]() |
juman:It was death that delayed our having electricity, what OBJ had on ground if Yaradua had continued, will bring the result we seek, the investments in power take time, all those plants Jonathan is playing around in today were mostly OBJ's brain child. yaradua actually stopped funding the NIPP because Elumelu distracted him, he was not alive to see the report of his committee that allowed Jonathan to continue funding it, citeris paribus, OBJ-yaradua, Nigeria would have had steady supply, who knows if Jonathan wouldnt have destroyed it by now. |
Osakah24:OBJ may not have insurgency but how much did Jonathan spend in fighting insurgency? which is clear to you and I that it prolonged because of his negligence, (judging by 6wks success vs 5yrs cluelessness). If GEJ had the least sincerity of purpose, Boko haram was not supposed to last beyond 1yr, max 2yrs, is it why a govt wont achieve anything in 5yrs? he may have spent 900b fighting Boko haram also remember that OBJ spent $12b, to declare Nigeria debt free, the reason Jonathan is able to borrow today? Also recall that OBJ saved over $40b in our foreign reserves and created the Excess crude revenue account, two smart moves that immune Nigeria from Global melt down twice in his administration. Fall in crude prices= Affect oil producers alone, other nations can still help. Global meltdown = low oil price + declining world economy, in Global melt down, all your foreign investors will pull out their investments and funds, you don't make money because crude price will be low and you cannot borrow because the major creditors IMF, World bank are all broke, even when they have, their terms is so over the roof that no sane govt can meet it, that was what OBJ dealt with and you and I did not even notice. Today, ordinary Subsidy that Obj paid with ease, was causing riot for Jonathan let alone drop in crude prices, Nigeria nearly collapsed. There is no leader without Challenges but how you manage yours is what shows your depth and content, Jonathan has proved that he lacks what it takes to lead this nation, only his beneficiaries think otherwise. Do you know that there was a full blown war between 1967 to 1970 in Nigeria, not insurgency, a conflict with the highest casualty figures in the history of Africa, can you imagine what our economy looks like at the time? Enugu where our coal was coming from was affected, oloibiri oil was affected, but by the time Awolowo took over finance and the political will of a 32yr old Gowan, Murtala Mohammed and Obj, Nigeria enjoyed yet another oil boom in 1975-78, ask yourself, when was the investment,planning etc made? If Jonathan ever fought a war even if it is 6 months, he will hide behind it and sleep for 10yrs without raising a finger. What distraction is bigger than that, but they never complained and still did their jobs, that was the resilience of our heroes past not these chop chop politicians, do you know that our military heads of state live everyday like there will not be a tomorow? you may be in office today the next day is a coup and you are out, yet even in that fear still did their jobs. If you face the truth, GEJ is a bunch of excuses, Nigerians have seen worse. |
9jatriot:You don't blame most of these TV activists who seem not to know that fertilizer distribution started from Abacha's PTF days. Has Jonathan been able to revive NAFCON? the only fertilizer company Nigeria has? or he imports fertilizer to give farmers and a Chemical engineer who is supposed to work in our NAFCON, will be reduced to a fertilizer beneficiary? how do they even think? They claimed he did wonders in Agricultural sector yet we don't have a single Agricultural cargo airport in Nigeria which ordinary Ghana has. They claim he is the Jesus of Agriculture yet bird flu spread through 9 states in just one week, where was his emergency response team in the same sector he is claiming his flag ship? or the Nigerian people thought it is just so normal? How many graduates of vertineray medicine were employed recently in the so called Jonathan's Aro reform. Where are the govt grazing fields which is the number one cause of ethnic clashes between the fulani and the farmers? what is this reform that nobody seems to know about? cassava bread? Truth is; most Nigerians have lost it. |
Acidosis:I don't agree with you completely let us start with official statistics before we appeal to speculations, according to financial experts published on thisday of 16/12/10, 70% of Nigerian SME's fail within just a year. you can educate yourself better here: http://www.thisdaylive.com/articles/why-70-of-smes-fail-in-nigeria%20experts/71911/ Let those CAC rush not deceive you, the desperation of state governments to TAX SME's in order to improve on IGR, is what is causing all those rush, there is no guarantee there is any business anywhere that is profitable. According to most laws in most states, even a Vulcarizer's shop is registered so they will tax it effectively, I hope you are aware that the registration process gets to where you are asked to provide a TIN, right? If the fundamentals of running a business is not in place, after the CAC rush, you will become a national statistic like we read above. The CAC rush is not the right tool for measuring self employment and buisness growth rather the number of educated people thay are able to take off from the labor market, which is a reflection of their Annual PAT (profit after tax). |
chinose:People like you if for real you have this opinion void of financial incentives, you deserve to be hung on your dick and fed four balls for life. even when you don't understand what is happening in the economy, you still think you have the right to open your mouth? |
fm7070:Because you are running around Bird flu you think you are doing something, Jonathan has killed the ambition in the youth, imagine this one, don't you want to be among the govt employed veterinary team to be inspecting poultry and emergency response for epidemic diseases? Why must you be the laborer packing sh!t in the poultry? he actually thinks he is self employed at an SME level with small scale farming . Have you ever asked yourself what your credit options are in a corrupt Jonathan's Govt? One bad Govt policy, you will not remember where you started from. damn!! so many nitwits in this space.Jonathan shared SMS fertilizer you are dancing, meanwhile behind your back yard in Ghana here, they have Agro Cargo export zone, with full storage capacity in most of their international airports, wont you like to be employed as an inspector for export agric products? Damn! the average Nigerian on the street is not better than toad in reasoning. |
realbomax:what are you saying? Jonathan had a lot of opportunities to strike but he is abusing it because of greed and people like you at the receiving end are just blind. Obj's financial sector reforms consolidated the banks, Nigeria had its first multinational financial institution under OBJ, insurance was stimulated, pension administrators, stock market, stock brokers, licensing of investment houses etc. if you were not blind, you will agree it was a boom. Same OBJ, telecoms privatization, brought in three world class players, and a plethora of contracting firms, creating direct and indirect jobs, Look at Jonathan, he brought a technocrat who unbundled the Power sector into Generation, distribution and transmission. Genuine privatization of each of the unbundled sector would attract as much Jobs as OBJ era, but Jonathan's insincerity will never allow anything to work. Generation= over 23 existing power plants, Jonathan cannot even privatize it properly to create the desired Jobs, Imagine if we have 23 world class power companies in Nigeria, it will pull more effect than OBJ's 4 telecom operating companies. Believe it or not, OBJ is corrupt but he knows when to be serious to get results, GEJ is equally corrupt, but lacks the basic will to even do the right thing let alone get results. I feel sorry for the ignorant people who want him to continue. In the power sector alone, the jobs could have been unprecedented, GEJ just approved 750naira upfront for them as service charge and allocated large DISCOS to them, so they are not ready to work again. How can EEDC be controlled by one person? EEDC covers Enugu, Anambra, Imo, Ebonyi and Abia states. if the total number of homes in this DISCO is 20million, multiply by 750 to know what this operator has made. How do you expect him to change your transformer when he has made over 15billion for doing nothing? Jonathan is just too corrupt and lacks conscience, is it now clear why Barth Nnaji left him? According to Fredrick Stanley limited, the reason we are in darkness is because the driver of employment and economy has been shared among Jonathan and friends. Read here: http://fredstanly.com/Battle4Discos.html |
kloride:There was no economic melt down with GEJ only fall in crude price at the lowest of $41/bbl, there was two Global Economic melt down with OBJ, OBJ actually operated an economy with $38/bbl. Jonathan's incompetence made us know that Nigeria was paying subsidy, before now, other administrations shielded us from its adverse effects. Jonathan's incompetence made us to know the effect of drop in crude price, conversely, OBJ had the lowest drop yet our economy was immune according to Prof. Soludo. Obj's economic team deserves a standing ovation. Jonathan was just a distraction in government with kindergarten policies, a trainee president to say the least Like Soludo asked, what is the "Iroko" in Jonathan's field of achievements, none. |
ocelot2006: dolt |
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