₦airaland Forum

incomintop:
why karma is treating buhari like
he only say he will make jonathan government ungovernable
the problem for this president is too much
remember his an old man he does not have strength like Jonathan
what a one year anniversary gift to the president

You are not tired of this silly assertions? All your hate and dearh wish didn't stop Buhari from becoming president, neither will it remove him from.office. despite knowing this claim is false, u will rather stick to it, to suit your wailing needs. Just for the up 10th time, Alhaji Lawal Kaita, a member of PDP and still a member of PDP till now made the statement, as u can verify with Google. If u choose to keep deceiving yourself, its ur cup of tea.

TPAND:
I million dare Buhari... I double-dare EFCC. I quadruple-APC, I billion-dare the North Una no fit do GEJ nothing. 4 years go pass we go kick your useless government out.

Economy is in shambles, una they use EFCC they distract us. This kind of news shouldn't be making headlines, ND Avengers is bringing the economy to a standstill, you are talking about probing their beloved-son.

Buhari and EFCC are just jokers

U guys made all this noise b4 Kanu was arrested. Nothing has happened till now. U guys made all the noise that Tompolo can not be touched, today he is doing hide and seek. No one is bigger than the state. Once your government ia over, u have to tune yourself with the present one.

Meanwhile it was an igbo man that sent the petition.

HammerTheirPapa:
Koboko69 the korofo,abeg shook mouth for matter. Ibos are the problem. no be so?

Don't mention me on silly threads. And for ur info, i am from Edo, means i am from ND, that shouldn't make me silly enough not to know the right from wrong. If tribal sentiments have finished u, it doesn't work that way with me. I supported Goodluck when Turai and her cabal refused to make GEJ the acting president, i was neutral when he contestest the election cos i was skeptical. When i saw he was failing, i moved against him. Same way i will move against Buhari, should i not be satisfied. But for now, i stand with him. If you are not OK with that, u can evaporate and condense. Thanks!

LaExpert:
I typed it correctly.

Modify one comment of yours on the firstpage and acknowledge that you distorted facts. It is not hard...unless you're dishonest and arrogant. It doesn't have to be the original post.



Don't be ignorant, educate yourself.

I'll show you with the purchasing power of the naira, relative to the dollar (Using Sunnyb0b0's example).

In 1999-2000 (Obasanjo's first year in office), N1 would be in dollars N1 ÷ 22 (Using the official exchange rate) = $0.0455

N800billion will be = $36,363,600,000

Today, the same amount $36,363,600,000 would be $36,363,600,000 × 199
(official exchange rate) = N7.24Trillion


So, the N800bn budgeted in 1999/2000 is actually equivalent to
N7.24Trillion today as against Buhari's N6.08billion.

Technically, Obasanjo had a bigger budget with lesser resources.

What do you have to say?

4000Naira Minimum wage will be equivalent to 36181Naira using the same calculation.

Let's not even go to the value of oil price and external reserves.

This is a kangaroo assertion. Someone will just sit in his cave and just bring up some sort of idea that fits his beliefs, then come online to spill thrash.

Plz this is a pure disgrace... And i am ashamed i have been wasting my precious time with u

gcof:
I weep whenever I hear the present government blame oil price for Nigeria's present economic situation. by now I expected the government to have put in place policies for diversion of our economy. the past administrations mismanaged our money but are we going to dwell on that till eternity? like I always say, one year may not be enough to reach my destination but its enough to where am going to.

Diversification is expected to work like magic. In fact Buhari amerlin should just shout, let their be diversification in Nigeria. And it will just happen. Previous govts had issue with oil price, they used the reserves to defend, non diversified. But you guys want Buhari the wizzard to make everything right in one year. 16years wreck is what u want to build back in one year. And u are a liar if u say their are no policies in place for diversification.

olakan22:
okay sir. I don't have comprehension problem. It seems like you are the confused lad. Why did you mention OBJ and PMB if u were not 'analysing' them too? It's simple, the zombiac spirit that is in u only get excited when it posts 'articles' like this

Mtcheeew..abeg shift. What is this one even talking about. Where was any comparison with Obj in my orginal post. Your wailing friends brought Obj up, and i whipped their arse for making such silly submissions

LaExpert:
Okonjo was talking about the Total debt stock.

You portrayed the same figure as the esternal external debt stock

You have clearly distorted facts...probably with the intention to deceive...or maybe out of ignorance.

To show you're honest, simply set the records straight and possibly, apologise.
If you can't edit the post, edit one of your comments on the frontpage and acknowledge the distortion...and tender an apology for the distortion.




1. Buhari did not inherit a 'depleted' foreign reserve, in comparism with when PDP came on board. Obasanjo had it far worse.

2. If in that case, that's why we voted the present government into power...to do what Jonathan could not do.
What has the present administration done other than to 'hypocritically' blame the past administration?

Let them get to work, we'll support them.

There is nothing to edit. Stop being childish and forget about the typo in external, cos if u are not blind, u can see it correctly spelt in other places.

Obj rose on an oil cruise with a minimum wage of 4k, and a first budget of just 800bn. Oil rose steadily all through Obj' s tenure. U say 30bn is not depleted, when a previous government had to use almost $20bn to defend the Naira and support the economy when oil didn't even get as low as 28usd per barrel. Why are u not being truthful with yourself.
The polices you can achieve successfully with a robust reserve is not the same as the one u can achieve with a smaller reserve, except u want Nigeria bankrupt.

olakan22:
bros I just read that article, the real joke is on you why? Because you believed the words of a party faithful acting a well rehearsed script of deceit. Also, ur analysis is nt on point why? Because you're comparing eight years OBJ, 4 years GEJ and 1 year PMB. Why don't u luk at GEJ's first year in office. Wait o, don't tell me dat u didn't knw that GEJ finished Yaradua's tenure. The success recorded in the final yr of Yaradua's admin are GEJ's handiwork.

Finally, let Lai do his work. Helping him won't get u free fuel and nice tomatos na.

Oya quote me and say rubbish.
NEXT!

Look at this clown. Where was OBJ mentioned in the whole article asides the fact that he handed over a robust reserve to Yaradua. The focus of the article is more on Yaradua and Jonathan. Is it that you have comprehension problem or you just choose to interpret what u read to the way it suits your wailing needs?

LaExpert:
First, admit that you're distorting facts by claiming the external debt was over $60bn...after that, go back to the original post, modify and apologize for mis-informing people.

You shouldn't shy away from that if you're honest.


Second, what is the issue if not that distortion of facts?

I am sure u saw the Okonjo Iweala part also on the original article. There is nothing to edit, i can't even touch it once its on FP.
Asides the controversial debt, what else are not facts there?

The point is while others had enough forex in the reserves, with an higher oil price, Buhari inherited a depleted reserves of about $30bn, subsidy debts of about N600bn, oil price lower than 40usd. How exactly is the economy to look like with the facts? Even Okonjo blamed the econmy today on Jonathan's lack of political will to save, and was already sounding alarm about a very tough economy when dollar was even still as high as 75 usd. Are these lies?

agabaI23:
First off, why did you eliminate the fact that oil rose to $147/barrel under UMYA before the downward trend?

Under Jonathan, the highest was about $105 or so...

Can you clarify if the $21.8 b mentioned by NOI include both foreign and domestic debt. I remember when NOI said that the bulk of the debt is due to the salary increase of 2010 which 'APC' strongly supported against NOI advice that the country could not carry it.

Out of the $21.8b, what percentage is external and what is domestic?

The kind of lies u people tell. Was APC in existence in 2010? Na wa ooooo. Oil peaked 147, yeah...but it started from a all time low and peaked in about 8 months. Then started a downward trend. Yaradua was able to raise 43 to $64bn with that short time. Jonathan enjoyed oil boom, averaging not less than 90usd for more than 2 years. He as no excuse.

IkpuMmadu:
Common external you can't spell...why would I believe this trash

Geeeraaaahaaaahear......

Very lame argument. Cos of a single typo. When u ain't blind u can see it correctly spelt in others.

kaboninc:
It appeared you did not even read what you wrote. What's your gain for coming up with this lopsided basis of oargument? In your own words, your first post, here is what you said:



Are you also lazy not to note that it was never an external debt stock as you wrongly stated (of course with the intention of distorting facts and misleading the audience) but a total debt stock which consist of domestic and external component?

Did you also forget (because of the the hatred in you - for truth) that you did not put into consideration the statement of the former Minister that the (Jonathan) administration only incurred $21.8 billion (which is the Federal Government's share of the total debt)

Are you also this ignorant that the total debt stock is not exclusive to the Federal Government but other tiers of government?

Some of you guys who write lies, half-truths, fictions, distort statements just keep making mockery of yourselves.

You gained nothing by that epistle.

The issue is not about debts incurred. I don't know why u are capitalising on that. What else is a liw in the article?

wordychap:
Go back to d achievements of d GEJ/Sambo regime, things done with d money r too numerous to mention
https://www.nairaland.com/2117791/achievements-jonathan-sambo-administration-pictures
even at that 2b dollars was left for buhari in ECA and over 1b dollars in SWF

Oga am tired of senseless back and forth argument. You are just spining up and down without any defined direction. Have a good day!

What kind of lie is this. Na today light nor dey Nigeria?

Yet some people deliberately misquoted him...and some are still doing.

wordychap:
The law mandates that proceeds of ECA be shared
That's y d Governors took d FG to court n insisted that ALL of it be shared: NOI n GEJ pleaded that only 1b dollars be shared but they refused.
At d end it was All shared.

Enough of all this abeg. This have been thrashed several times. Govs insisted the money be shared simplu cos Okonjo and Jonathan were dipping their hands into it. Imagine withdrawing a whopping $2bn without the gov's knowledge and claiming Jonathan approved the withdrawal to pay for subsidies. The question still remains, what happened to the FG's Share of 52%.

prince088:
So with all the fire for fire for this thread i just siddon for first page and this thing no hit Fp.
Lalasticlala mynd44 super boss seun Dominique wetin happen na?

Maybe its not FP worthy

Still better than the Jan 1 new year gift given by the ineffectual buffon

honeychild:
So all this your noise from front page has been because the OP lumped external debt and internal debt together na wah for nitpicking o.

For me the point of the OP was that [/b]we had a large Excess crude account during the past 6-8 years which the previous government had been relying on to cushion the effect of the harsh economic environment.[b]
Now that is gone, so we have no cushion. Do you disagree with this point?

God bless u o. I have repeatedly said this. He rather have been abusing and trying to be smart with words. I even asked, weather lumped or not, was the debt inherited? Asides that, i asked why he is deliberately shifting focus from the main point of the thread and keying in to only the debt aspect, he started rolling around again. Am not wasting my time with him anylonger. He eveb did hisnoen censors, as per why subsidy claims ballooned from 320bn dollars to 2 trillion naira.

saintfederic:
in Obama's first year Americans didn't suffer like this

Abeg u guys should shift. What kind silly comparison is this. Comaparing a developed country to a developing country

Ariani:
Right from the start, Obama always looked a bright prospect and he hit the ground running fast and furious.

First one year of an administration gives an insight of what the administration will achieve,as its the stage of policies formulation.

Everything about Buhari government have failure written all over it, and the more he fails, the more he would draw attention to perceived GEJ shortcomings to deflect attention on his incompetence, not that he needs to do that anyway, as his fanatics would support him no matter what.

U Started with Obama never blamed Bush, i gave u facts, now u are singing a different song from your own imaginations. O have no time for this....plz excuse me

Ruchidera:
How dare you say many of the prices are false and operated? It look as if you don't go to the market. There is no need of winning cos Nigerians are seeing things themselves. BTW, when last do you eat a good tomatoes stew? This una APC government is clueless and useless for all I care.

Hey i don't buy things from the market like a broke person. Despite you guys seeing that tomatoes scarcity was caused by a virus that attacked tomatoes platation, which is popularly called tomato ebola by farmers and also the sudden demand by dangote's tomatato paste factory which have even shut down due to the virus too, u guys still blame Buhari. Did anyone blame Jonathan for Ebola virus in Nigeria, or did any one blame lassa on Buhari? Despite knows prices soared up simply cos of scarce dollars, ocxassioned by low oil price, which Nigiria is not the only one in the mess, u guys still blame Buhari. Yes many of this prices differ everywhere, and the greedy Nigerian factor also is to blame. Everyone exploits at any given time

Ariani:
Obama was never a failure. He turned US economy around. He never hid behind Bush failures to hide his own incompetence. He was competent and delivered.

Buhari on the other hand, up till now has been an epitome of failure.

Mtcheeeeew. Typical of ekpas. Now i provided a link to back up my arguments, this is what u can put forward?

I guess Obama transformed the economy in one year .

How u people reason baffles me. Comparing Obama who is about leaving the white house after how many years? With Buhari who will just be in 1 year in office May 29.

You better shift!

Ariani:
Obama inherited an American economy in bad shape.

We didn't see him condemn Bush or use Bush as an alibi for his own incompetence, he tackled the problems he inherited from Bush administration head on, and today USA is in much better shape all round.

If Nigeria where great, would there have been a need for a messiah Buhari to ride on people's ignorance and tribal bigotry to the presidential seat?
Why is Buhari complaining about the same problems that made people to vote him to start with?
If those problems weren't there, would there have been a need for a messiah which Buhari represents in the eyes of his deluded fans?

A failure will always look to assign the reason for his continuous failure to everything and everyone else, but himself.

You are a liar

The Blame Game at Its Finest: 21 Times Obama Has Passed the Bucks

Read more: http://www.thepoliticalinsider.com/the-blame-game-at-its-finest-21-times-obama-has-passed-the-buck/#ixzz49c3gPmFX
http://www.thepoliticalinsider.com/the-blame-game-at-its-finest-21-times-obama-has-passed-the-buck/

This lame arguments ate really pathetic

wordychap:
Google is there for u, maybe u prefer it from here. http://www.channelstv.com/2015/05/23/okonjo-iweala-denies-63b-debt-backlog-by-outgoing-administration/

Which kian people be this one? Is Okonjo's denial not stated clearly in my original post?

What exactly is your point is what i am asking?

Why are u guys using the debt issue as a diversion from the real point of the thread.

You guys are very unbelievable. There are other salient points, yet you guys are capitalizing on just one.

Gosh!!!!

plaetton:
What problems do you have with simple simple arithmetic, simple FACTS?

I forgive you if you were sincerely not aware of these facts.
But now that you are aware, deliver yourself from the ensuing bout of cognitive dissonance.

U must really think am stupid. Hell no i am not. Someone brought an article by premium times as defence, i asked what his point was as the same thing was also repeated in the article. Then another brings another link as defence...

You guys must really be messing witj google tonight to drive home some silly myopic points

wordychap:
Here's Okonjo Iweala's assertion

Minister of Finance, Dr. Ngozi Okonjo-Iweala has refuted claims by VP-elect Yemi Osinbajo that the outgoing administration owes $60billion in local and foreign debts.

Speaking with finance correspondents, Okonjo-Iweala said that the nation’s current debt stock stands at $63.7 billion and it encompasses domestic and multilateral loans by all the federal and state governments since 1960. She said various states of the federation accounted for 20% of the nation’s total debt stock.


Of the $63.7 billion debt, the minister said $9.7 billion or 15% is external while $54 billion or 85 per cent represents domestic debt. She said between 2007 and 2011, a debt of $17.3 billion debt was recorded while between 2012 and 2015, the debt stood at $18.1 billion.
Source:
http://latestupdate.com.ng/fg-didnt-incur-60bn-debt-okonjo-iweala-refutes-osinbajos-claims/

Lol. This one is bringing another link . Latestupdate link. Lol. Ok na

While some mods who have been mentioned several times deliberately avoided an educative thread, with arguments from both PDP and APC members, they will rather push things like this to malign the present government. I have seeen not less than 4 threads attacking the present administration, but the ones in defense are hibernated, and pushed at will or never pushed.
A mod will now ban offocurse for defamation of admin and mods.
Many of this prices are false, and over rated here.

Still waiting to see if this will be moved to FP

https://www.nairaland.com/3124109/how-economy-fared-under-yaradua

wordychap:
The same premium times u referenced that published the assertion of this govt inherited debt profile as written by Buhari's transition -committee -chairman joda also disserted same claims with another publication as written by a non-profit organisation.
Facts on the economy shouldn't b taken just by a publication by a newspaper/tabloid, get it from more authenticated sources

If you are not blind, you will see the article repeated the same assertion of Okonjo, so what exactly is your point? Are you toe-in the same was as plaetton?

As long as crudeoil remains low per barrel....this is not unexpected.

Reyginus:
I'm good. You are doing a really tough job here.

Good job for you and him that are of the same calibre
In b/w am sure igbiboi is enjoying his ban now

fiizznation:
. So if you know the fall in oil price precipitated our economy woes, then why are you hallucinating all over the place? You just chunk out your lies{not backed up with any proof} from wherever God's knows and you want everybody to swallow them. Learn to debate with facts and not with what your mind tells you.

I asked you some pertinent questions in my previous post here and I can see how you have illogically avoided the questions. I'm sorry to say this; but my friend you are not intelligent neither are you smart. You know absolutely zinc. You are just like the average buhari hater who uses sentiment, bigotry and hate as his basis for intellectual argument. From your first Post on this thread to this one that I just quoted, I didn't see where you backed up your arguments with clear proofs.

If you don't have anything to say aside from disproving other peoples opinions that are backed up with clear evidences, please you better shut up and stop fooling around here.

Premium times quoted NOI in her own words and you are here busy saying she never said that. Then I ask you again, provide your own proof that NOI didn't say that and save us from all the unnecessary drama. And as for the questions I asked you on my previous post; I know you can't answer any one because the truth won't even let you do that.

That guy have deliberately stop responding to me. He thinks he can be smart by playing with words and shifting from the main point to other things.

wordychap:
You need to get your facts right

http://www.premiumtimesng.com/features-and-interviews/187797-fact-check-claim-that-jonathan-left-n7-trillion-deficit-does-not-add-up.html

Your point is?