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Pataricatering:You actually replied someone renting a cock? |
Racoon: If your brain wasn't collecting bribe like Atiku, you would've heard that it was ISWAP not Shekau's gang that used to bomb you in Abuja under Jonathan |
SarkinYarki:Match those facts for facts, not beer palour gossip, thank you!! |
IS BUHARI TRULY RESPONSIBLE FOR OUR ECONOMIC WOES? A lot have been said about Buhari, how he brought hardship on Nigerians, how he is responsible for all the suffering in Nigeria, is that theory backed with facts and global economic realities or the shenanigans of few individuals basking in the Euphoria of ignorance? Since I must make a choice between our present loud political gladiators, I armed myself with Economics textbooks and news archive, here is what i discovered. Nigeria an oil producing and oil dependent economy suffered a global economic hit called crude oil price shock it is the sudden drop in price of crude oil in the commodity trading market, it has occurred at different times in History nearly every decade. Countries that are hardest hit by crude shock are basically countries that not only produce crude oil in significant amount but solely depend on it as their foreign exchange earner. While oil shocks have asymmetric effects in oil-exporting developing countries; lower oil prices lead to major revenue cuts and ensuing stagnation in the economy, but higher oil prices and accompanying higher revenues do not translate into sustained economic growth. What are the effects of crude shock in oil producing developing economies? Forex scarcity: Most developing economies whether oil producing or not, depend on importation to survive, where foreign currency becomes scarce, industries, individuals that have significant need for forex will likely close shops giving birth to the second problem unemployment then finally the master Recession. Unemployment: When industries no longer have forex to buy spare parts, can no longer afford raw materials, production slows, sales slows, profit eroded, workers sacked, since the volume of activities in the economy is directly proportional to the GDP, the GDP contracts and birth another economic monster Recession. Recession is a chain reaction of unpalatable economic events that shows the economy is not experiencing growth but contracting, lets look at the effects of recession, high energy cost (energy in most developing economies are subsidized one way or another) crude shock and eventually recession erodes government revenues till a point where it could no longer afford subsidies and other things it used to afford. In Nigeria where our Electricity Generation companies are subsidized, petroleum products are subsidized,you will understand that such partial or complete subsidy removal will quickly skyrocket the cost of living generally, transportation, cost of food etc are equally affected that leads to another monster called Inflation. Inflation: is defined as a phenomenon where huge bills are in search of few goods, how is that possible? when the industries that produce goods closed down, imports could not be sustained due to Forex shortages where will the goods come from? the absence of those goods while the bills remain triggers inflation, causes hunger and eventually poverty and devaluation of local currency. Devaluation is when global reserve currencies trade higher than your currency, of course you recall that an economy in crude shock first suffers Forex shortages, that robs the central bank (in the case of Nigeria) the ability to fix the currency at a reasonable exchange rate. The local currency is allowed to float along a band the cbn thinks may not be too hurtful on the economy. Forex ban is placed on certain commodities, debit cards like Visa, Mastercard et al are all placed on monthly transaction limits as a reflection of the reality of forex shortages. Okonjo iweala then finance minister and coordinator of the economy actually warned Nigerians in 2014 long before buhari came that the level of mismanagement will bring hunger to us, read here: https://www.premiumtimesng.com/business/171145-brace-tougher-times-ahead-okonjo-iweala-tells-nigerians.html If okonjo iweala saw this hunger in 2014, warned us about it, how can a sane person accuse buhari of bringing hardship? Between 2015-2017, all these happened in the Nigerian economy, then I asked "are we the only oil dependent economies in the world? why us alone? The answer took me to several countries in the world and I realized that other oil producing countries dont depend on oil alone, countries like Russia though the largest producer of crude oil in the world, has a robust defense industry that contribute significantly to its GDP, Russia equally enjoys large market shares in Gas distribution in Eurasia, by the time crude oil shock hit, Russia had over $400b in reserves, It became clear that the only economic move that could hold off crude oil shock and other global economic shocks is a robust foreign exchange reserves (Savings). Permit me to take you down our economic history, in 2008 during the global melt down, the then CBN governor prof. Chukwuma Charles soludo bragged that the Nigerian economy is immune to global shocks? That would have sounded ridiculous but it is true, what did he do? they launched an economic strategy called National Economic Empowerment And Development Strategy NEEDS. This strategy recommended that once crude oil is sold, the balance above the budget benchmark is kept in an account called the ECA, by the time that government left and another took over in 2007, both the ECA & Foreign reserve account held over $68b in reserves, in a $200b economy at the time, that reserve was significant enough to whither any storm that came the way of our economy, Much later into the crisis, Nigeria later relaxed its exchange rate to 155 to a dollar. now we know that Nigeria had in the past stood resilience in the face of global shocks with a culture of Savings. Global economic meltdown is worse than crude shock because in a meltdown, major economies are affected, capital flight becomes common in developing economies, crude oil customers reduce demand thereby pushing prices lower, the saddest part is that no country has money to borrow anyone during global meltdown, yet Nigeria Survived it with Soludo's brilliant strategy. A strategy that was blatantly refused by the previous administration when suggested by Iweala, recall that Iweala worked with Soludo in that NEEDS team. Fast forward to 2015, Three out of the top four producers of crude oil in Africa by their production, Nigeria, Angola, Algeria and Egypt were all in recession even though Egypt does not significantly depend on oil but her economy was shattered. Algeria escaped recession because by 2014, just like Nigeria in 2008, Algeria had a foreign reserve balance of $194b in a $156.1b economy (122% of GDP in savings).You can see that the Robust reserve of Algeria was their savior in this modern crude oil shock era. The previous administration in Nigeria boasted of leaving behind a paltry $19b for a $500b economy at the time (3.8% of GDP), that amount is not even enough to pay for imports let alone absorb global shocks, so Nigeria can be rightly described in late 2014 as an oil dependent economy with no savings. How important is this savings? Lets take our research to the Second largest producer of crude oil Angola, just like Nigeria with no significant savings, Angola's challenges needs no introduction, let facts speak for itself Angola suffered severe Forex & currency challenges just like Nigeria. According to Bloomberg They not only devalued their currency, they equally allowed it to float like Nigeria's Angola devalued its currency as the OPEC member sought to revive an economy still reeling from the oil-price crash four years ago. The kwanza fell 11 percent to 187.95 per dollar by 3:35 p.m. in Luanda and depreciated 10 percent to 221.75 against the euro. The move came a day after the central bank allowed the currency to weaken in its first auction of foreign exchange since announcing it would end a dollar peg that’s been in place since April 2016.....BloombergBorrowing to fund Budget deficits, just like Nigeria, Angola has borrowed to the point of requesting a bail out from the IMF https://www.vanguardngr.com/2018/08/angola-says-to-request-4-5-bn-imf-loan-as-crisis-lingers/ Unemployment Rate in Angola increased to 20 percent in 2017 from 19.90 percent in 2016. https://tradingeconomics.com/angola/unemployment-rate Inflation in Angola was a whooping 23.67 percent in December 2017, data on the national statistics agency's website showed on Wednesday. Price growth on a month-on-month basis rose to 1.47 percent in January from 1.2 percent previously. Poverty in Angola According to Angola's 2001 MPI, more than 77% of the population was multidimensionally poor. ... The latest available World Bank figure for income poverty in Angola, from 2008, shows that 36.6% of the population is income poor. Angola's population is currently estimated at 29.7 million. I can go on and on the list is endless, as a matter of undeniable fact, Angola just like Nigeria are the largest producers in Africa, they practically did not save enough and they were hit hard by crude price shock. to balance the analysis, it will be unfair to discuss those that didn't save without giving kudos to those that saved, like i said previously, Algeria saved a whooping $194b when the going was good, as such its economy was immune to crude shock. Russia like we said though had currency challenges during the period under review ostensibly because of western sanctions, Russia had over $400b in reserves by ending of 2014. Saudi Arabia was immune to crude shock not without little currency & subsidy issues ostensibly because of its huge financing of the war in Yemen, they were sitting on a comfortable $732b by the end of 2014. My country men, you can see that this suffering was brought upon us by mismanagement by the same people that are warming up to continue from where fate has left us, if buhari had $100b in our foreign reserve in 2015, we wont be hungry today, we wont lose our jobs, we wont lose our manufacturing industries, this is the truth that shall set us free! Some even blamed it on Avengers attack of 2016 Niger delta avengers was a non issue, if you noticed, I expunged them from my initial analysis, here is why; We were in crude shock from late 2014, Avengers struck in 2016, since 2014, your GDP wasn't showing any growth but retrogression or doldrums meaning you were heading towards recession anyways as a result of crude shock. If Avengers did not strike, OPEC would have asked us to cut production to boost prices, read: https://www.bloomberg.com/news/articles/2016-09-28/opec-said-to-agree-on-first-oil-output-cut-in-eight-years So Avengers or any form of production cut at the time was a non issue. OPEC gave us production cut waiver because Nigeria has already declared force-majore in most of its crude oil export channels. Nigerian people, what is your present government doing to stem this tide that has shocked the fabrics of our nation to the Marrow? The vice president being the economic manager of the country Launched the ERGP, with it Nigeria even in recession was able to save $47b in our foreign reserve, at this pace, I have no doubt that this money will hit $100b in the next 4yrs, that is a guarantee that our economy will become immune to global shocks once again, not just crude shocks alone. (Algerian model) The moment that money crossed $40b mark, forex shortages disappeared, importers stopped complaining, manufacturers stopped complaining of dollar scarcity, debit cards relaxed their limits etc, that was a killer stroke in our economic recovery strategy, inflation immediately responded to the potency of the ERGP from 18.8% in 2017 to 11.23% in 2018. This reserve will boost investors confidence that the economy is liquid enough for profit repatriation, that is how the jobs will return, job creation is private sector driven, not govt. Among the three oil dependent economies in Africa that landed in recession within the same period, Nigeria was the first to exit recession, that was historical & mind blowing, despite fighting terrorism and with a massive population, we did it first before any other country. By Blocking loopholes Our Federal allocation that used to be a misery 311b naira in june 2016 is between 600-700b naira in presently. This volume if held steady will continue providing liquidity that will surely inflate the economy. Nigeria is building a Gas liquefying plant called the NLNG train 7 project, that will in a way increase revenue from Gas against depending on oil alone, there are other ongoing Gas projects like the AKK projects and other Gas for power projects, rightly put, the economy is being diversified towards gas. (Russian model) https://www.vanguardngr.com/2018/07/nnpc-signs-agreement-for-seven-critical-gas-projects/ As you can see here, Manufacturing is gradually expanding, next will be jobs returning on its own https://www.thisdaylive.com/index.php/2018/07/08/cbn-at-57-0-pmi-manufacturing-sector-expanded-in-june/amp/ We don't need Atiku's stealing to truncate an economic process already in recovery. In conclusion, I can state for a fact that the economic challenges of this country has nothing to do with Buhari under the circumstances he met on ground, we have a chance to fix culpability of blames where it rightly belongs on crude shock, or replace this government whose framework seems promising with another leadership of questionable integrity. Buhari is like a mechanic that was given a car to fix, only for the car owner to accuse him of being the problem of the car when he is yet to fix anything. We shall never go back to past governments whose inaction landed us in this mess in the first place. leadership in the past that we tasked to privatize our establishments, all failed save for the one that ended up in his pocket, yet he claimed to create Jobs? How many jobs were lost in that privatization scam where 56 government entities perished? Where is our NITEL, ALSCON, Nicon Insurance to mention a few? Leadership that claims to create jobs but his company PRODECO folded up? Leadership that claim to create jobs yet it was Buhari that sacked foreigners littered everywhere in his company, does an ordinary logistics company need that much foreigners? Leadership that is a case study for corruption and money laundering by the US Senate committee on Homeland security, Leadership that preaches restructuring but enjoys monopoly in Niger delta sea ports? Atiku is a walking scam, may we not walk into the scam called Atiku because of lies peddled and perfected by the same holocausts that landed us in bondage, every scam comes with a loud noise, say No to Atiku, we cant move from Abacha loot to Atiku loot at this perilous time. Fraudulent Leadership that wants to sell 90% of NNPC robbing us of 74% of our forex needs, Leadership that wants to spend $90b annually building infrastructures when Nigeria earns less than $30b annually. It will be very dangerous and retrogressive to have a leader that is in bad terms with the international community, remember that the united states is the Fulcrum of our war against insurgency, one will argue that if America doesn't sell arms to us we go to Russia, the world works differently now under Donald trump, ask yourself, why did Jonathan not go to those people when America sanctioned him under the Leahy's ban? Yet he sat idly and watched Boko haram slaughter tens of thousands eventually took LGA's? American ban is as good as a global ban, recall how South Africa seized funds Jonathan wanted to use for arms purchase, please dont ask me what is South Africa's business with a US ban, that is how the world works. In 2017, the US congress passed a law called Countering America's Adversaries Through Sanctions Act, CAATSA to promote the America first agenda while sanctioning countries that do business with American's enemies. If Atiku (God forbid) becomes the president as much as thinks about going to Russia for help, Nigeria will end up in CAATSA web, and that is when the true Hunger will manifest. Can you live under a US sanction like North Korea and Iran? can you live with a Boko haram that is out of control? A boko haram that once bombed Abuja for fun but Today the once Almighty Shekau is in hiding? what about other support we get from the US like the USAID? free immunization? Polio prevention? HIV and AIDS vaccines? Machinery and oil and gas technologies etc? are you willing to throw away all these because of a criminal whose greed led him to commit atrocities in the United states or hate for Buhari that is built on lies? When faced with these realities, Atiku will never achieve anything, rather he will steal what we have left and disappear like he did in the US. May God help us!! Watch Peter obi summarize this analysis https://twitter.com/i/status/1058007016810123264 |
RTSC:It is a 120b naira project, 60b from FG, 60b from NLNG. |
AGNESikpuNNU:You think lying everywhere that Buhari caused recession is still a story to be entertained? A criminal like Atiku won't smell Aso rock even as a gateman. |
It is actually a fight between Atiku and his kleptomania in government. Buhari will win him like a baby, any direction igbos are making loud noise is a blind spot, remember the Biafra noise. We wait and see. |
Former FRSC boss shouldn't know the status of Nigerian roads? Did you hire the wrong brain? ![]() |
TundeBricklayer:Master stroke really? How does it change the fact he is coming to serve under a common criminal? Obi is a good manager no doubt but what constitutional power does he have to stop his boss from stealing, thats the real issue here. |
Toketimt:Ask an Atiku criminal what his problem with Buhari is, he will tell you Buhari caused recession, shrunk our GDP that led to job cuts, caused energy crisis, ask him how? He will start blabbing. Provide proof, he will run away, thats the kinda criminals we entertain in this country, tomorrow Evans will endorse Atiku, then we argue if he is a kidnapper. |
Toketimt:Make no mistakes, most of these Buhari haters are relatives of these animals Buhari jailed. They whine as if Atiku will commute their sentence. |
author=dyydxx post=71930183] Oh so the abuses got your attentionThe Tramadol inspired lunatic that has just learnt with a stroke of cane the difference between appointments and sworn-in, what a loser!! ![]() Try harder, so this is the best you can come up with. A vanguard link that doesn't even name 1 successfully convicted looter, just some random number 340..who are they? what did they steal? How many years in jail did they get?You want names right? here you have it; This must definitely be your father eason you hate Buhari so much; http://efccnigeria.org/efcc/news/3072-court-convicts-banker-for-identity-theft-fraud this one must be your mother https://efccnigeria.org/efcc/news/2504-n23bn-diezani-bribe-court-convicts-inec-staff Your Uncles https://www.premiumtimesng.com/news/headlines/270050-just-in-court-sends-12-oil-thieves-to-prison.html Your mum's boyfriend https://theeagleonline.com.ng/court-convicts-senior-nigerian-lawyer/ Your dad's gay https://theeagleonline.com.ng/court-convicts-senior-nigerian-lawyer/ The id!ot that impregnated your sister https://www.thisdaylive.com/index.php/2018/02/14/n96bn-fraud-court-convicts-ex-perm-sec-directors/ The man who sold the bad condom that brought you to life https://www./2018/06/12/just-in-court-convicts-former-governor-joshua-dariye-of-fraud/ Your gay mate https://www.channelstv.com/2018/04/30/court-convicts-senior-advocate-nwobike-of-justice-perversion/ Your sister's rapist https://www.channelstv.com/2018/03/01/court-convicts-businessman-orders-forfeiture-200000/ Do you want more names? https://www.channelstv.com/2018/05/30/court-finds-former-taraba-gov-nyame-guilty-of-fraud/ hopeless blockhead, you think Buhari plays with brainless people like you. So this is buhari's best to deserve re-electionApparently you have run out of ideas, you are free to buzz my mention anytime your id!ocy is inconveniencing your brain. Well instead of killing myself I can vote for an alternativeA mere national statistics like you that doesn't have a PVC is talking about political choices, will your father allow you out of the house to vote, Zip it!! why are you barking up a wrong tree here?. why do you insist on flogging a dead horse?. Lie mohammed, the information minister for Baba-go-snail also couldn't defend him nor his own northern senators. Is it now you that will come with a satisfactory defence?. the facts are clear for all too see. The last 2 were DSS replacement and finance minister replacement, further to that was the NIA replacement too and the several northern appointees we hear almost everytime.Buccal Fart!! |
Johnnyessence:I dont get it, did you even read what you posted here? the US said they need Atiku's consent to divulge his information, how does that absolve Atiku in any way? What happened to Nigerians of this generation, you cant read or you cant understand, which one? |
omoharry:Sorry to disappoint you, I dont engage in any form of arguement let alone a constructive one with r@tards, when you are worthy, we talk!! can you please give my mention a break till you are cured, please!!!! |
author=dyydxx post=71927501] Your irredeemable stupidity is boundless, as is the fact that you reason through your a.nus. Cheap f.oolzs as yourself failed to realise that from almost isn't the same as amount too but I digress. In your haste to show how superior you are you displayed crass idiotic tendencies befitting the gutter mob rulers that pervade our slums. Your delusions of grandeur also extend to you arrogating yourself Buhari's motives and obsfucating on core issues as you dont have anything sensible or reasonable to pass on there. This is not surprising seeing as you are as empty as they come. Puffed up balloon you are can't make you answer the simple question. The ministers, when they finally came? where from heaven sheyThe first stroke of cane worked, the Tramadol lunatic has changed his narrative from "appointing ministers" to "swearing in" ministers, that is what I do, I tame ignorance, seems after reading my post, you went to flush your system. The president appointed them in September, it is madness to tell us they were appointed 7 months after May 29, you should be thanking me now!! As far as the ministers appointment is concerned, constitutionally, buhari finished his work in September, the rest of the time was Saraki and his cohort's problem. Gradually, I will knock you back to factory settings, enough of this buhari lies flying everywhere. Name the 340 individuals?. You basically didn't dispute any of the facts only to add nonsen-tities. So it will take 3 months to do a proper investigation for a certificate forgeryWho are you to decide how long a federal investigation will take? in what capacity are you vomiting that s@men from your mouth? How will you know about Buhari's 340 convictions when you are licking Atiku's scrotum? shut up and read!! https://www.vanguardngr.com/2017/06/efcc-secures-340-convictions-6-months-magu/ Okay I get it forex stabilisation is the only thing here. Has this trickled down to the man on the street? what of infrastructures? Power? Manufacturing......What was your naira mastercard transaction limit in 2015/2016 before the ERGP? what is it today? where are the importers and manufacturers that complained of dollar scarcity in 2015/16, what is happening today? are they still complaining? why did your inflation fall from 18% to 11.23% after the ERGP started work? Those are not benefits to the common man, it benefited common goats abi? have you read the document? did anyone tell you its a harry potter play book that fixes things in one fell swoop? it started with the biggest challenge, next is Energy, then so on and forth, if you cant wait, please kill yourself!! Well i'm not surprised your idea of inclusiveness is having 8 Northerners and 2 southerners in a sample 10 posts. Offcourse that is inclusiveness, where it not that the constitution mandated every state having some sort of representation those ministers you listed won't get there. I mean this is someone whose own northern senators couldn't defend during a rowdy session in the senate some months back when they realised they had only been confirming mostly northern people into various establishment and government parastatals. Yet you come here to defend nonsense and parrot stupidity.Inclusiveness? the new lexicon disgruntled politicians sold to you abi? until you get us a list of all the appointments, I have nothing to tell you, appointment is for politicians, they are not our friends, if you dont like who you are, try the lagoon, their problem dont bother me.I dont need buhari's appointment neither do you, anyone that wants to be appointed should do what others did. only a f00l whines over other people's problem. |
jmaine:When you have the facts about Buhari, let me know, you dont expect me to sit back and listen to nonentities that believe their president caused their period pains, do you? How do you know what is wrong with your government when you are clueless about everything and anything? |
[quote author=omoharry post=71927365] You are really hopeless with this rubbish you just put out as defense..how much are they paying you?.You disgust me as a Nigerian..She actually called herself a Nigerian since when? when a Sudanese raapes a Namibian, does it produce a Nigerian? Your defense was filled up with insult and weak information to counter ur opponent..why should i be surprised? is that not the only thing you guys are known for..insult and propaganda?.Your president is clueless and dull..he is not competent to rule a complex country like Nigeria...so please dont paint something that is black to be white.We know what it is already and stop insulting our sensibility..you can tell that to your fellow blind comrades and they will cheers you up.you called it insult, I call it taming ignorance, you called him an opponent? I didn't partake in sharing atiku's convention dollars with you guys, my only opponent is ignorance, display it and you are fvcked, that's a guarantee!! maybe you are new to that moniker, ask around before it gets brutal. |
jmaine:So says the man that has 50 PVC's, I will pass. Hating buhari is your right but coming here to insult people's intelligence while at it is unacceptable |
jmaine:How is a politician's problem your problem? you follow them about like flies forgetting you have your own interest to project. |
If care isn't taken, most of these noise makers here are not even of voting age. |
author=dyydxx post=71920219] I am not so sure that is true anymore. This past 3.5 years have opened my eyes. Atiku is corrupt no doubt, Buhari isn't. But Buhari surrounded himself with the same thieves from PDP who decamped to APC to make his election a reality. he took almost 7 months to appoint the same crooks into his ministry.Here he goes again, everybody goes into his closet, conjures cheap lies, pass it on as a national problem when he is the one that has the problem, now listen if you still have the capacity to reason, Buhari said he doesn't want Ministers at the beginning of his administration, he used permanent secretaries most of whom are very experienced civil servants that understand the working of Government. Being a new government, not even a M0r0n can fault that move. The ministers were later appointed in September 2015 when ignorant losers like yourself was disturbing everyone with your ignorance, how did May to September amount to 7 months? you cant reason, you cant do simple math, how is it buhari's problem. His biggest selling point, which is the Anti-corruption campaign is selective and vindictive and several criminals are still walking around scot-free. No one single successful conviction of any high profiled thief. He has a permission structure that allows corruption, several examples include the ongoing Oil subsidy, the NNPC 9 trillion naira corruption scandals etc. Even those that are confirmed corrupt, Like babachir lawal, Maina and the rest how long does it take to get them fired, almost 8 months. It took almost 5 months to fire Kemi- Adeosun. You have shittu still working around as a Minister and I go on and on on several corrupt elements in this so called Mr Integrity's cabinet.Ok, i just identified a second problem, memory loss, I will help you for free, did Buhari come for you in his "selective" anti corruption fight? were you arrested or jailed? who told you we care about who was prosecuted when we know they are not clean? are you the person that will decide who will be prosecuted or is it the job of PACAC? Maybe the Tramadol you took this morning is telling you that Atiku will come to ask you how to fight his own corruption, if at all he will abi? Let us get down to facts, mention one administration since our history minus Buhari's military Junta that convicted 340 individuals including 3 ex governors, directors, permanent secretaries and members of state assemblies, tell me which government has done it in the past? but you shamelessly said he isn't fighting corruption, how will you know when you are sipping Tramadol? What is the corruption in the oil subsidy? which 9 trillion naira? do you hallucinate? I will forgive your poor mathematics, it was 2 months, 9 days on Adeosun not 5months, have you ever heard in the history of Nigeria that a minister resigned for certificate forgery? here we have it in this administration you open your gutter to say he isn't fighting corruption. Thank God buhari banned Tramadol, you would have been worse. it doesn't matter how long it takes, a Finance minister is the head of your government's fiscal policy, a member of your economic team and board member of several agencies and parastatals, including Customs and EFCC you dont just wield the big stick until after proper investigations however it takes. who expects you to know that? What about the economy? this guy hasn't got a clue. where are the dividends of the EGRP? nowhere to be found. Security nko, Dapchi girls saga and the herders/farmers crisis. These are still ravaging the country. Add to it the persistent 6-monthly UK medical leave trips then you begin to see this man has no business being re-elected. There are no solid successes he can run on.Oh! so you know about the ERGP, wow!! thats a miracle, you know drug addicts like yourself told us there was no economic blue print till we informed them of the ERGP, thank God you are up to speed, you asked where are the results of EGRP? EGRP within the short period it has operated has emassed a foreign reserve of over $46b, that has helped in solving the Forex crisis of 2015-2017, EGRP has created a stable exchange rate, maintaining a band of 359-363 naira to a dollar, unlike the 400 & 380 we saw few years ago. Even Obasanjo's NEEDS didn't take this short period to produce results, go figure!! He is also nepotistic, I have never seen a leader has nepotistic as this Buhari guy, every cconceivable posts go to Northerners. Like I said, his strongest selling point which was he isn't corrupt has been proven to be a facade by what has been going on for the past 3.5 years. Buhari has had his chance.Every position went to northerners, lol, even the VP position abi? if not for Tramadol, you would have drawn up a list of all Buhari's appointments, then we see it clearly that Amaechi, Ngige, Adeosun, Elemah, Onyeama are from Sokoto and Borno states.You have a problem with appointments going to the north but you want to give the presidency to Atiku, is Atiku from the South? I dont necessarily like Atiku, but he talks restructuring which Buhari has refused too even consider. I'm not saying Atiku will do it but it's refreshing having a presidential candidate discuss such. It is my firm believe that if anyone cannot perform in 4 years he shouldn't be re-elected. Buhari has no business being re-elected. He doesn't understand nor have what it takes to lead the country to a better place. let another person try, if he disappoints too he can also be voted out after 4 years.Atiku talks restructuring, who doesn't talk about restructuring? is it by talking about restructuring? what do you know about restructuring? Nigeria suffered crude shock in 2015, revenue from the federal dropped, politicians started shouting restructuring to get more share, you a bloody nobody is shouting it with them, how is it your business what the politicians are getting, are you one? Atiku makes his money from oil and gas free trade zones in the Niger delta, rightly put, Niger delta ports, to the average Niger delta person, restructuring means resource control, you expect Atiku to remove his Prodeco and Intels form the Niger delta to make Niger deltans happy abi? in the name of restructuring?. Just listen to yourself, why dont you ask Atiku to give you his wife. You are naturally brainless buhari is not your problem, he doesn't give brains!! |
Wiseandtrue:May be you were born yesterday to think you know what is common knowledge to those that lived through the era, please shift! |
jmaine:Who are the electorates you speak of? The politicians that want appointments? the politicians raped daily by the EFCC? the politicians looking for a higher stake in the national purse? I ask again, who are these electorates you speak of? It is most Sardonic when I ask noise makers like you what is wrong with Buhari, then the person tells me a politicians problem not connected to him, what do you expect me to reply the fellow? Choosing Atiku over buhari is an ignorant move if you have a clue who Atiku is. |
eanestca:I hope so, please tell us how MMf rates are determined. |
Pr0cter:What is their rate like? |
Who is interested in knowing how MMF funds are determined? Here you have it Meanwhile, Business Post reports that the average money market rate broadly increased by 9.6 percent on Friday to settle at 21.68 percent. So expect higher MMF rates this week. Lets see how much they will pay from the 21.68% they made. We can compare what we got from our investment managers. https://www.businesspost.ng/2018/10/06/liquidity-squeeze-triggers-0-15-hike-in-t-bills-yields/ |
Wiseandtrue:How old are you? Ken nnamani stopped Obj's third term bid not Atiku. |
comos:You think your future depends on APC & PDP? You must be a teenager flipping pages of nairaland looking for celebrity pics to like, the day you will gain enough knowledge to dissect what an Atiku presidency means for the future of your country, you will never mention Atiku again in your life. |
“From the day I nominated Atiku to be my vice, he set his mind not for any good, benefit or service of the country, but on furiously planning to upstage, supplant or remove me at all cost and to take my place. https://www.pmnewsnigeria.com/2018/10/08/2019-battle-begins-what-obasanjo-said-about-atiku-trending-video/ |
ugo4u:The excess crude account where the money was sourced from is unconstitutional though it exist, there is no legality when dealing with an illegality. |
ugo4u:The Swizz government released that money with a caveat that it must be spent on a world bank supervised project, except you can prove that the world bank is funding COIN then your concern is immaterial. The world bank assisted social intervention program was expanded with Trader moni in fulfilment of that agreement. Divert it and you won't get a kobo. |
allexpensive: I don't understand why you will waste a response on unpatriotic lunatics, |
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Your attempts to be clever by half keeps exposing your stupidity I wonder why you revel in obtuseness. Mr integrity surrounding himself with crooks.