₦airaland Forum

Nigeria we hail thee!!

Excuzeme:
Jonathan should also remind Nigerians and the whole World that:

Obasanjo [/b]earned #17trn from Crude Oil sales within 8years of his administration, left an External FOREX reserve of $45Billion and an External Debt of $3.348.

[b]Yar Ardua [/b]earned #9trn from Crude Sales and grew the External FOREX reserve Obasanjo left, from $45 Billion, to $64 Billion within ONE YEAR!
Just as it was able to finance 15 months of imports during the period of serious economic recession of 2008/2009.
Yar Ardua was able to manage the country and Nigeria survived the melt down
Despite all these Yar Ardua left $47.7 Billion in our External FOREX reserve and an external debt of $3.94 Billion

[b]Goodluck Ebele Jonathan administration witnessed a boom in the price of Crude Oil averaging over $100 per barrel, hitting an all time high of $130 over some years!
Jonathan's regime earned [b]#51trn in 5yrs (OBJ = #17trn, Yar Ardua #9trn)!
Due to unparalleled CORRUPTION, Jonathan squandered all the External FOREX reserve left by Yar Ardua, he further squandered all the huge earnings from unprecedented crude sales during his tenure while at the end of his administration, he has depleted Yar Ardua's savings of $47.7 billion to #32 Billion and a HUGE DEBT of $63 Billion![/b]

These are FACTS that anyone can verify.

If this is what Jonathan calls 'the best Govt', then we can conclude that as usual, it is inline with his "America will know" and "I am not aware" positions on national issues, when he was President.

Nigerians are suffering for the SQUANDER of of Jonathan who bankrupted Nigeria's economy, something Buhari and Nigerians have to cope with.

When Nigerians say "Never Again", they are referring to a Govt the type of Jonathan.

When your people was screaming "leave fuel subsidy alone", despite the burgeoning size, did you think GEJ will pay it with saw dust?

paulco:
The most corrupt man that ever rule without common sense you call your HERO...your DESTINY probably is CORRUPT lord have mercy when people come online to praise GEJ in as much as i wanted BUHARI i still never regret ma actions...

Wait till the half bag of rice for your house finish & you stroll go buy another, that is when you go activate the regret button.

obailala:
Sometimes silence is golden.

What a way to defend a cause you believe in.

NigerDeltan:
I saw omenka peeping just now

Why is he hiding?

Abeg make una free that my guy, hope still dey with Buhari, we'll continue praying for Nigeria.

YorubaFynest:
The man looks like his dog. Very dirty ibotic thing.

Stop being silly, you are too old for that.

Just an advice.

APC and it's leaders can lie more than the devil.

Nigeria technically stopped paying fuel subsidy January 2016 even before the increase in pump price of fuel.

Buhari has learned his lesson the hard & bitter way, although at the price of excrutiating sufferings for Nigerians. At least has learned to shut up now.

SamuelAnyawu:
How many Shipping companies in Nigeria has over 100 personnel in its payroll?

We should be more accurate with our statistics

God bless Nigeria

And you do not consider other ancidiary coys linked up to them.

To imagine that some of those 3,000 jobless fellows was among those chanting sai baba early 2015.

God will help us.

Sibrah:
The man is speaking rotten grammar.
Is Buhari suppose to initiate Agricultural based Nigeria Got Tallent? The main goal of the govt is to reverse the corruption trend in the system and it is acheiving that goal well. Diversification . . .

.Did you even read what was written?

sCun:
Don't join the APC thugs on this 6 years thing. GEJ ruled for 5 years.

True, so true.

It is very obvious, even to the blind.


Rice - 19,000 bag.
Indomie hungry man - 150
Pure water - 10 satchet
Dollar - 405 to Naira
Garri - 700 paint bucket
Fuel - 145 per liter


What other evidence do you need?

Ayebatonye:
Even if its useless, its still a TV station. Stop insulting what u don't have or what u can't afford

Did i insult you?
Face front.

God help that useless TV station.

obailala:
Like I said before, why dont you just reason wisely without allowing your prejudice to block your judgement?... If a man loses his job today, would the hunger and kwashiokor appear immediately?... I'm sure you know these things but the prejudice you have against the government keeps getting on the way of your objectivity.

Talking about recession, are you not aware that as soon as oil prices began to crash, our growth rate began a steady decline?... That it got to the negative realm in 2016 does not mean the problem started in 2016. Make una try dey reason like educated people small abeg else you just make these arguments on this site very boring; I know you are not a kid and neither are you an illiterate.

Standing logic on it's head.
You reduced over 50% of your expenses at the same time losing your savings despite the fact you are still earning salary, no matter how small, worst still the economy crashed, that is the hallmark of failed economic management.

Omudia11:
I need Triplets

Yoruba wife ASAP.

splenzard:
21. we moved back to the 80's in 2016 under buhari's regime.... first nation to "back-forward" date

See ya life.

obailala:
Within the last 6 months of GEJ when oil still sold for up to $65-$70, Nigeria's foreign reserves nosedived rapidly from $38.5bn to $28.5bn, i.e. $10bn lost in just 6 months. Now you still ask what the importance or effect of all those forex and import restrictions under Buhari are?

Are you aware that following those restrictions you listed, the reserves have only lost about $3bn in 16 months even though oil prices have since further crashed to less than half of what it was when we were already losing $10bn in the last regime?

Had we continued at the rate we were going when oil prices began to crash under GEJ, i.e. losing $10bn in 6 months, are you not aware Venezuela would have been a child's play by now?

I understand some of you feel you have a duty to criticise this government's handling of the economy, but it would be beneficial to criticise wisely.

And the economy was never in recession in all those periods.

The irony of this whole economic saga is that cargo volume of imports in our wharfs dropped by 50%, 41 items ( including monster forex consumers like fuel & rice), have been blacklisted from CBN forex sales & the reseves keep dwindling.

So who & what is depletting our reserves?

We'll keep praying.

Caseless:
you just don't make sense. The man that ceded power to a civilian government after 6 months , what do you think will bring him back again? He is not power hungry.

The same way Obasanjo ceded power in 1979 & came back in 1999 & Buhari lost power in 1984 & spent 12yrs fighting to get it back. Next time engage your brain before you read & comment, it does not hurt.

'When your palmwine tapper grandfather reincarnates as your son'.

I have resolved to pray for Buhari & his regime since it is very obvious he is as confused as the polls said. Jus that they should shut up on the blame & go to work as we pray for them.

I smell something fishy going on here.

This Abubakar man is positioning himself politically for 2019 & above.

Caseless:
you're one of them. So , shut up!

Stop trolling.

Proudlyngwa:
I think that refers to you as the chief hater

Go & take your medication, it has started again.

WAILERS & ZOMBIES, come and see the politicians from opposing parties you kill yourselves for on nairaland partying together.

ok

@ Orubebe01, are you seeing what am saw?

Ishilove you have a proposal, please respond & public on N/L.

nicedas:
attach your fullstop in the right context. What had the government failed to do, to go into the field and play with them, or you are simply paranoid, frivolous expression.

Try get a refund from whoever you wasted money on in the name of school fees, he did not teach you English well.

Good.

A man, a foreigner at that, doing what our govt. has failed to do.

Shame on Buhari/APC.

8BitGee:
Our rice farmers will never get off the ground if we don't discourage importation. We have to make some sacrifices!

And you ban what you cannot produce a quarter (1/4) of your local need.