Jude90's Posts
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Now the Yoruba's will understand what it feels like to be one sided in delivering justice and one sided marginalization. This one is even very small but when we complain instead of them to stand on the truth they will start insulting us, calling us names. |
“I still find it funny that most people don’t know why Nigeria economy went into recession, they love the incompetent lies of Lai Mohammed about the past government ruining everything. It’s also myopic to think that if Jonathan were to still be in power, we would be worse off. The truth about Nigeria’s recession is this; it was caused by the president’s unguided rhetoric and uncultured body language. Firstly, there is nothing we are buying today that we weren’t buying 5 years ago, therefore it’s not our purchase that put pressure on Naira qbut withdrawal of funds by foreign investors. After the election, the president created instability with his unguided statements about how everyone is corrupt and how everyone is going to jail. The instability made foreign investors to liquidate their investment and change their money to dollars. In the process of trying to flee, they were willing to buy dollars at any price, which lead to high exchange dollar rate. Even though some of them were not ready to run away, but want their money in dollars to save their investments from devaluation, the president gave a bad signal by banning deposit of foreign currency into dormiciliary accounts. That was enough for free market believers to see the draconian handwriting on the wall, that was the beginning of dollar rush. To make matters worse, the president came up with another outrageous policy of rationing dollar to certain sectors and blocking many sectors out. That was the nail in the coffin which facilitated the emergence of free FALL. In the end, foreign investors took over $80B out of the economy within a short period and everything went down to free fall. To those who believe it will be worse if Jonathan is still there, you a re all wrong. Policy continuity and political stability will not let billions of dollars leave our shores within such tiny time frame. Even though the government might have income shortage, the private sector will weather the storm by their confidence in the market. The fear of the unknown created by PMB is responsible for the economic downturn not low oil price. Interest rate in America is currently at 0.5% while it is 12% in Nigeria. JP Morgan Chase will not mind borrowing $50 billion from Feds at 0.5 and put in Nigeria for return of %2000 profit. Citi bank will do the same, likewise US Bank Corp. Chase gave Buhari warning about the repercussions of his fixing policy before they pulled out, but his illiterate cyber warriors and misseducated e-soldiers said JPMORGAN can go to hell, they no longer believe in economic metrics since their messiah is in charge. Funny enough they are all suffering today because of the stupid policy, but they find relief by blaming it on past administration and Gucci appetite of average Nigerians. For your information, if your president “kontunu” with his unguided rhetoric, Naira will go down to N1000/1 $. But we thank God, he is no longer talking. |
as expected cause the dullard is in power |
we warned them but they didn't listen instead they said we did not vote him because of hate, now everyone have seen why the 5% refuse to vote him. I like what is happening so that next time we will listen to voice of reason not tribe, religion or hate to vote. |
Byko899:people like you and dele momudu is the reason why nigeria can never get better. do you think that the problem is whether buhari know how people are suffering or not? say the truth the problem is that buhari is incompetent and clueless, he lacks mental capacity to be the president of a country. dele momudu is a big fool, |
when the south easterners refused to vote buhari many stupid people was calling us all sorts of names how we hated him and how we miscalculated political happenings now everyone is seeing that we igbos see ahead of others. |
DropShot:U and ur kind keeps on asking what good suggestion can people make to move the country forward because U lack sense.U think that the solutions is what U can just say and it begins to change things like U and ur party promised fake change. let him resign that's the solution. |
Yea that's the spirit of a hero I so much like this guy.Biafra or nothing. |
By Alistair Smout | LONDON (Reuters) - Thousands of demonstrators marched through central London on Saturday in a raucous and colorful protest against last week's referendum vote to leave the European Union. The marchers were nearly all young adults, and many were draped in EU flags while others waved banners bearing slogans such as "I'm with EU" or simply "Wrexit." They chanted "what do we want to do? Stay in the EU," as they headed towards the Westminster political district to a soundtrack of songs including Rick Astley's "Never Gonna Give You Up" and Whitney Houston's "I Will always Love You." Buses full of tourists cheered and cars tooted their horns in support - although one van driver, invited to honk by the crowd, shouted "I'm for out." Cries of "shame on you" rang out as the march halted briefly outside the Downing Street office of Prime Minister David Cameron, who had himself announced the referendum in 2013. Many taking part said they had been taken aback by the result of the vote. "I was genuinely stunned on the morning after the vote," said Nathaniel Samson, 25, from Hertfordshire, north of London. "I feel deeply uncertain about my future," he added. "I'm on the march to voice my discontentment. I am accepting the result, but it's to show that we won't accept it quietly." London voted 60 percent in favor of remaining in the EU in last Thursday's referendum, with younger voters widely in favor of staying in the bloc, but the overall result was 51.9 percent in favor of leaving. The vote to leave has prompted a battle within the ruling Conservative party to succeed Prime Minister David Cameron who said he would resign after the result. The main opposition Labour Party has also turned on itself, with most of its lawmakers in parliament having voted to withdraw support for party leader Jeremy Corbyn after what they saw as his lackluster contribution to the 'Remain' referendum campaign. Tom Clarke, 29, from London said: "I'm struggling to find the words to describe how I felt the morning after the vote. I was in mourning." Italian Pamela Zoni, 34, who has lived in Britain for 6 years said she was very upset and having second thoughts about taking British citizenship. "I would like a second referendum," she said. "The first campaign was based on lies, and the margin was so tight: it was not a fair result." The demonstration ended peacefully with a rally outside parliament. No police estimate of the turnout was immediately available but one organizer put it at 50,000. http://mobile.reuters.com/article/newsOne/idUSKCN0ZI0FA |
no nobody should condem it because if u do, the zombies will tag u a wailler or an ipob but come to think of it been an IPOB is the best thing any Nigerian can be. |
Drabeey:sorry for u. so u foolishly believed this lie just to demonize IPOB? what do u people want? this people are none violent agitators yet the government is trying to make it look like they are violent but it will not work. |
oh that's bad |
nice one op |
SeverusSnape:am sorry if that's what u mean. |
so many lies and deceit from this government |
AtlanticBreeze:idiot do u think that we are fools like u? look at the way u imported a picture of people clapping and now cropped the picture of Aisha buhari on top of it but ur zombie brain did not show u that's obvious. |
na who we go ask |
really that question need a very good answer |
CSTR2:thank you very much u just spoke my mind |
skitcentral:you made a very good point there.that's true |
nice one check my signature if u need land in awka and owerri |