Celebrities / Re: #NigeriaDecides: Charly Boy Congratulates Pres. Buhari, Has A Word For The Youth by MylezKayn(m): 6:45am On Feb 27, 2019 |
cr7lomo: This country is a waste...mk everybody go answer im papa name...there is never any development in Muslim fanatical leaders that rule ....from Yemen to Chad down to Niger or Pakistan or even Afghanistan to Sudan ....no difference between those places and northern Nigeria...we need to all go our separate ways
SW should forget the fake promises made by that lifeless man...that man is an Islamic fantastic and will never give power to the south after his tenure...he plans on giving power to another Muslim fanatical , el rufai and then the sw will understand that evil man's plan ...and he will use power of incumbency to make it happen...and that's y he is a god in core northern states...atiku is liberal and that's y he lost woefully...atiku to them is an infidel... and they knew atiku wud hv handed over to the south
The sw have forgotten so soon how babangida promised them leadership, only to annul the June 12 election and then stylishly handed over to abacha ... Their plan was for abacha to rule us for decades like ghadaffi but death took him away....I just don't know when the sw would wise up and stick with SS and SE as one...tinubu na selfish devil U spoke the truth. I can't help but laugh at the southwesterners. I live in the North and the northern Muslims have sworn that No christian/Southerner will ever rule them so definitely the next Presidential candidate from APC will be a Muslim and a Northerner 1 Like |
Politics / Re: Ukraine Based Nigerian Pastor: 34 Reasons Buhari Will Win by MylezKayn(m): 9:09am On Feb 23, 2019 |
who else stopped reading this rubbish when he said PDP got $1 Trillion dollars in 16 years... Does that make sense?? 1 Like |
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Politics / Re: Buhari Displaying Bitterness For Not Attending The CommissioningOf Akwa Ibom Air by MylezKayn(m): 9:56pm On Feb 20, 2019 |
gobuchinny:
Hmmmm..so as Nigeria is now we dont have food atall abi...bros if you go to the villages the people farm and harvest..yes agriculture is important but so are other things like transport e.t.c..please what you are saying is not making sense sir..even in 1000 years time people will still be farming but we also need infrstructural growth and technological advancement. Besides did he go to commission the first biotechnological/genetically grown fruits or its the same old fruits me and you plant in our backyard? whats the achievement there..the villagers plant and harvest..kini big deal?
Give props sir...The president should be in that commisioning and not commissioning mangos...we are past that one...will he come to my house also and commission mangos as we get the trees for backyard ooo..actually plaintain not mangoes..but you dont have airlines in any ones backyard.
The same Nigerian Airways he couldnt do, a state has done so he should send his team to understudy them..
U sound like an intelligent person. don't waste your time arguing with these zombies here. The most important fact here is that Udom has done what buhari can never do. God bless you brother 1 Like |
Politics / Re: ## by MylezKayn(m): 1:20pm On Feb 20, 2019 |
That old Fool Will never Change.. back to daura 1 Like |
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Politics / Re: What A Presidency Under Atiku Will Look Like by MylezKayn(m): 6:11pm On Feb 17, 2019 |
SarkinYarki: Dear Nairalanders there have been various arguments on who was really responsible for the Economic slump witnessed under the Buhari govt with some people saying the slump was as a result of 16 years of bad leadership by the PDP which just happen to tank during Buhari administration and others saying the buck lies squarely with Buhari .. I am of the latter opinion that Buhari indeed is 100 percent responsible for the recession and I have carefully outlined all the poor policies by Buhari that led to the slump please enjoy .
1 : Delay in communicating a policy direction on time:
Ladies and gentlemen this was the first mistake by Buhari as he failed to communicate any economic policy direction immediately he was announced winner leaving all economic stakeholders in the dark , for months no stakeholder knew is the the new govt was going to be favourable to the private sector and at what level and instead of Buhari communicating this he instead went to work straight stoking the embers of tribalism and division with his 97% to 5% gaffe which immediately cast a veil of economic and security uncertainty on the polity and economy .
The outcome : Investors immediately put a pause on any further investment till the air could be clearer at least on what economic direction the president was towing.
2 : Delay in choosing Ministers
The 2nd mistake Buhari will make was his deliberate delay in choosing Ministers for almost a year meaning he spent his first fiscal year without any form of FEC meeting where new govt tactical and strategic policies are brain stormed and matched against Key Performance Indicators (KPIs) , this delay was like virtually pausing the life support of a patient in Coma while you searched for a medical expert !!
The Outcome: This needless delay would end up putting the Nigerian economy under stress as for months unending every other micro policy from state govts to local govt to private sector where all put on hold as stakeholder waited for ministerial direction as a plimsol to guide their own decision so it was not uncommon for many of us to walk into our clients organization and be told we had to halt projects tool the ministers where inaugurated.
3: Immediate Infighting within the Presidents party :
Buhari has always been known to be a very cunning and divisive man who is very fond of speaking from both side of his mouth all just to protect his secret interest and he will immediately use this character to bring division into his ruling party where once again his inability to firmly set a direction would open the doors for chaos and spoils grabbing as no one knew how Buhari wanted the structure of party leadership to be , this lapse immediately brought about many camps within the party all infighting for the spoils of their latest conquest while the economy was left unattended.
The Outcome No unity between the party leadership, the executive and legislative right from the onset a problem that will further sacrifice the health of our already struggling economy further.
4: Poor implementation of TSA
It had never been a secret that Nigerian Govt funds housed in many Nigerian banks provided a lot of stability for the financial sector even though it left some loophole for possible corruption but the benefits far outweighed the risks , it was in this light the previous govt agrees that the implementation of the TSA must be staggered in phases so as not to cause financial shock to Nigeria managing Banking industry but Buhari will disregard the advice of expert and go for total implementation over night a costly bad decision that threw the financial sector into sudden confusion as predicted by experts, meaning over night our banks suddenly had less deposits to use to manage the delicate balancing of funds between depositors and lending , ofcourse at such times it's the lending aspect that will suffer as depositors must always have access to their funds as at when they want it because they are in Fact the soul of the banking business . We should note this action was clearly an indirect sabotage to the financial economy similar to a previous Buhari error in the 80s where he changed the Nigerian currency over night in a bid to catch looters
The outcome : the private sector suddenly had less access to loans and as result many economy growing projects where put on hold at great cost to the the Economic kinetics and potential of the Nigerian economy.
5: Going after Tompolo at a time of low oil Prices
At a time of low oil Prices most good leaders immediately try to drastically increase output and production in other to cover for projected short fall in revenues but shockingly it is at this time that President Buhari will choose to shake the fragile peace in the Niger Delta in a poorly thought out decision to send the military into the oil rich Niger Delta to hunt for oil warlord General Tompolo over a 13 billion Naira (35 million dollars ) payment made to Tompolo by the previous govt for the purchase of some land for some university , it ended up being a total economic disaster which only ended up worsening the Economic outlook of the country.
The Outcome : In attempt to go after 35 million dollars the Nigerian economy ended up losing a projection of about 100 billion dollars and countless lives and the painful part is that Tompolo was never caught neither was the 35 million dollars ever recovered ..Infact it's said the military operation itself cost the govt over 60 million dollars . Talk of a very bad decision .
6: 5 Billion Dollar MTN fine
Early in Buhari govt without even a policy direction in place and heavy economic uncertainty the Buhari govt in its bid to raise cheap funds will make a very bad mistake by fining telecoms success story MTN a mind boggling whooping 5 billion dollars for failing to properly register less than 1% of its subscribers a practice common with all 4 mobile Telcos in the country but surprisingly only MTN was singled out for this quite suspect fine which may industry observers have said is nothing short of a grandiose approach to executive extortion but that's as story for another day , the bottom line is that this poorly thought out fine triggered a megathrust of capital flight out of the country by many private sector players including the same same MTN who feared that same fate could befall them under the knee jerk Buhari govt and in less than 4 weeks over 80 billion dollars was spirited out of the Nigerian Govt under the nose of Buhari in one of the greatest mass capital flight ever recorded in a developing economy.
The Outcome: The capital flight triggered by the fine would put further strain on the economy once more and slow down any further new investments by such players , MTN will go further and cut it's support for thousands of small Nigerian Businesses and ideas citing lack of funds ( yours faithfully lost a lucrative advertising business my company ran regularly with MTN) MTN will drop many youth ambassadors it sponsored , drop Who wants to be a millionaire and project fame citing lack of funds , the total loss to small businesses that depended on MTN for patronage will run into billions of Naira in reality and tens of billions in projections. It was another economic misfire by the Buhari govt . The Outcome here was hyper capital flight and many calculated exits by investors from the Nigerian economy e g ETISALAT and heavy loss to Nigerian SMEs that got patronage of such players, this will translate into massive job losses and prospect deeper that can even be measured and the very very painful part is that after all the damage the Buhari govt failed to collect the 5 billion fine but instead reduced it to 650 million dollars to be paid over a long time by the Nigerian subscribers.
7 : Increasing Petrol Price and Electricity Tarriff at the same time:
It's no secret that Nigerian micro business economy is driven by a finicky balance betwen the petrol engine and unstable electricity as the petrol engine is used to produce back up electricity used to power small businesses from fabricators to small offices to small online businesses to cooling to room to salon at times when NEPA electricity has failed and believe me in Nigeria it's almost all the time .. The Buhari govt will again show it's short sightedness in this area and deliver a devastating blow to micro business owners who are the foundation of 80 percent struggling Nigeria family units by increasing petrol price and Electricity Tarriff by a whopping 50 percent and at the same time which immediately increased the operational running cost of micro businesses about 100% , my brothers and sisters this was the death knell to the economy as it triggered wave of unplanned inflation overnight and reduced demand instead of the other way round where increased demand will trigger inflation, once again the Buhari govt had turned economic theories on its head and thrown the economy in to further doldrum. Many micro business who couldn't cope with this loss of demand as result forced inflation had to die throwing millions more into uncertainty and abject poverty.
8: Poor handling of Herdsmen Farmers Clash
When farms and cattles meet there is always bound to be problem and in Nigeria this is no different but under Buhari this took a worse turn as instead of quickly using fairness and equity to resolve such tensions the Buhari govt immediately took sides with herdsmen for reasons best known to it and this immediately emboldened the herdsmen to escalate their attack as the realised there was no repercussion in sight as long as the Buhari govt continued to be one sided , this lack of will by the Buhari govt will end putting devastating blow on the foundational pillar of the Nigeria economy which is actually subsistent farming .
The Outcome : The Outcome here was hunger hunger and more hunger as many subsistent farmers fled their traditional farmlands leaving in its wake reduced agro production and inflation as agro supplies dwindled , it also led to an increase in crimes as both herders and farmers took to kidnappings and robberies in other to survive .
9 Poorly thought out Import Tarriff increases
The Buhari govt made two tax policies that I think were a really bad mistake and they are
A : Increasing tariffs on anti malarial
B: Increasing tariffs on Vehicles .
Usually govt increased import Tarriff for two reasons either to protect it's own local industries or trying to discourage the use of such . The Buhari govt will shock all by increasing the Tarriff of antimalarials citing reasons that it wanted to encourage their production at home forgetting that Nigeria was a malaria endemic zone with little or no real infrastructure to support production especially under Buhari who had recently demobilized the lending sector with his poor implementation of TSA and increase cost of all production in Nigeria, this policy was another ok advised one as I would have expected the govt to first make the economy conducive to attract investment in those sectors before thinking of increasing Tarriff.
The Outcome: The policy only succeeded in increasing the cost of healthcare and cost of vehicle in Nigeria which means a reduction in saving and disposable income for the average family unit , we didn't see the indigenous car plants or anti Malarial factories get built in Fact the policy was so bad that the Customs boss had to recently beg the Buhari govt to reduce it as it's is only encouraging smuggling and infiltration of substandard products .
I hope with these 9 points we can all agree that Buhari was 100 percent behind the slump contrary to arguments the slump was caused by other govts and Buhari only inherited it . I am in no way trying to absolve past govts of poor leadership but only trying to show the role Buhari played in expediting the slump.
Many thanks for the read and please feel free to share whether you support or not .
Writer: SarkinYarki Bello
Very Scholarly analysis.. Nigerians dont like saying the truth and admitting the truth 3 Likes 1 Share |
Politics / Re: Buhari And Atiku Are Two Pharaohs – Sen. Enyi Ababaribe by MylezKayn(m): 7:17am On Feb 10, 2019 |
I have Observed the way fellow Patriots attack some faceless people who support this administration and are paid to spread falsehood and propaganda against the PDP under the covers of numerous monikers. I have seen your concern and I urge you to save your time and efforts because it is said "A fool will never know the meaning of wisdom but wisdom will forever be alien to him" If you want to know some of them then watch those who will quote me and "attempt" to insult me |
Politics / Re: Reading The Tea Leaves... Buhari Poised To Win? by MylezKayn(m): 8:32pm On Feb 09, 2019 |
The good part of this brouhaha is that If we #GetNigeriaWorking we'll all enjoy it but if we move to the #NextLevel we'll all suffer irrespective of whether you are Mallo or afonja. Just know that 2023 Presidency ticket if APC wins is going to the North so to all those who think their kinsman will become president take note |
Politics / Re: Insurgency: FG Wants Tucano Fighter Jets Delivered Earlier by MylezKayn(m): 6:59am On Feb 08, 2019 |
slimfit1: Hausa man no wonder he went for Tucano when f15 f16 are available. You are right F15 fighter jets are much better than Super Tucano planes.Tucano planes are not even jets but more like Light aircraft 2 Likes |
Politics / Re: 2019: 1,000 Pastors Storm Abuja For Buhari’s Reelection by MylezKayn(m): 6:49pm On Feb 07, 2019 |
BuhariLooter: The only people whose support for Buhari's second term I can understand and tolerate are people who work for the government-- or who benefit from people who work for the government. After all, self-preservation is the first law of nature. Other than that, I don't want to ever in my life have any relationship with anyone who supports Buhari-- an infirm, insentient, geriatric fraud who was a disaster even as a healthy person. I have drawn the line.Apc will lose in kwara and in North central region. You are right..North-Central firmly belongs to PDP |
Politics / Re: 2019: 1,000 Pastors Storm Abuja For Buhari’s Reelection by MylezKayn(m): 6:47pm On Feb 07, 2019 |
This is all part of Campaign gimmicks.Show us the picture of the 1000 "Pastors" 1 Like |
Politics / Re: Buhari Reveals What ‘will Kill Nigeria' by MylezKayn(m): 5:20pm On Feb 04, 2019 |
FTC Dementia Nepotism illeitracy of our President and Also Zero Idea of Economics Will destroy Nigeria much faster than Corruption |
Politics / Re: President Buhari Blasted For Saying 'It Is Not Clear What I Have Noted Here' by MylezKayn(m): 4:26pm On Feb 04, 2019 |
Imagine he has to read a few lines of Speech. he can't keep anything in his empty skull Back to Daura 6 Likes |
Politics / Re: Christian Group Tells FG To Probe Osinbajo Helicopter Crash by MylezKayn(m): 9:39pm On Feb 02, 2019 |
SalamRushdie: I doubt anything sinister was amiss , from the position of the crashed chopper I can tell the chopper was actually coming in for a scheduled landing but came in what is called a hard landing make it to hit the ground hard bouncing off the ground causing that loss of main rotor and tail rotor orientation which would cause one of the blades of the main rotor to clip the ground and throw that helicopter either into a cartwheel flip or flip it on its side ( like what the pic shows)..
Suspect Causes of Hard Landing in a chopper..
1 Poor piloting : I doubt this will be the case here as Pilots that fly VIP presidential helicopters are some of the bestvand most careful helicopters pilots you will find as their training makes the fly the chopper in a very comfortable and safe manner for the VIPs to enjoy .
2 Loss of main rotor power at decent : this is a situation where the helicopter loses engine power and comes in for a controlled crash decent using Auto-rotation but I also doubt this because it's seems the chopper had actually reached it's pre destined LZ ( Landing site) before the crash.
3 Wind Shear : is a situation where a powerful downward draft of wind hits a chopper as it decends increasing the speed of decent suddenly beyond the control of the pilot causing a hard landing .. From the pictures of the LZ is see I believe Number 3 might have been the culprit because is see ample space favourable for rogue wind shear. Very Nice analysis 1 Like |
Politics / Re: I Am Scared This Man Might Win This Election, Nawa #pmbingombe by MylezKayn(m): 6:56pm On Feb 02, 2019 |
Konki:
Only a zombified element can make this comment.
Supporting senile frailty and dementia to lead a country of over 170 million people.
Shame.
Most of the people in that stadium don't know why they should vote out repeated recession and massive unemployment!
Shame once again. Please don't bother exchanging words with these guys.They barely know PMB and what demonic and evil agenda he has for Nigeria if he wins. Hold ur Peace and argue with reasonable people not foolish BMCs.. God bless you 2 Likes |
Politics / Re: How This Administration Led Nigeria To Recession My Personal Opinion. by MylezKayn(m): 1:55pm On Feb 02, 2019 |
God bless you Mr OP.. Bastards everywhere upandan.They are always yarning opata..Saying Stupidity abt 16 years of PDP.. If PMB likes let him not man up and face his problems.. Mr Complainer and Blame Trader 2 Likes |
Politics / Re: Evidence Showing Kadira Ahmed Lied To Cover Buhari And APC by MylezKayn(m): 7:48pm On Jan 31, 2019 |
APC is a collection of Bastardic Liars who breath in falsehoods and exhale Lies. Set of unrepentant Liars 4 Likes |
Politics / Re: The Fictions, The Lies And The Facts In Atiku/obi’s Claims In The Tv Show Called by MylezKayn(m): 1:51pm On Jan 31, 2019 |
Who doesn't know that Nigeria overtook India as the headquarters of Poverty Who doesn't know of Amnesty International raising alarm over thousands of People killed under this Administration By Fulani Herdsmen Keyamo is a stupid Liar... We are Not all stupid 1 Like |
Politics / Re: Text Of Press Conference By The Honourable Minister Of Information And Culture, by MylezKayn(m): 8:56pm On Jan 28, 2019 |
FTC |
Politics / Re: Atiku Not A Messiah But He’s Two Times Better Than Buhari, Says Obasanjo by MylezKayn(m): 6:03am On Jan 23, 2019 |
hyfr: what type of brown envelope from Aso rock will yield in a year what Otta farm gives Obj in a day?. Apart from siding the incumbent govt, i implore you to use your medulla oblongata when you're in a public forum like this God Bless you for this Reasonable Point u raised |
Politics / Re: Meet The Liverpool Fan Who Has Been Supporting The Team For 96 Years by MylezKayn(m): 1:25pm On Jan 19, 2019 |
Wow This is Amazing. A lifelong supporter 1 Like |
Politics / Re: Atiku And Pdp Wants To Sell Our Future by MylezKayn(m): 1:23pm On Jan 19, 2019 |
whitebeard: Goan sleep guy
Help me tell am oh... this OP jus created a thread to yarn opata... Nawao 1 Like |
Politics / Re: PDP Reacts To Buhari’s Performance During Live Interview On The Candidates by MylezKayn(m): 12:35pm On Jan 17, 2019 |
hansomb:
You are only telling us what we don't know about you. You think everyone thinks like you. Òbó Eya the truth is painful sorry ko... Take heart and stop being such an ignoramus.. Bye and don't ever quote me else...... 1 Like |
Politics / Re: PDP Reacts To Buhari’s Performance During Live Interview On The Candidates by MylezKayn(m): 12:27pm On Jan 17, 2019 |
hansomb: Mr President has achieved what no one in your miserable family from generation to generation has achieved. LOL... Abeg stomach ur frustration and don't be stupid enough to involve my Family in this... Am sure u ar among the 89.7 million Nigerians living in extreme poverty and u ar depending on 30k stipends to survive.. p.s: If you like quote me u ar further consolidating ur Idiocy 3 Likes 1 Share |
Politics / Re: PDP Reacts To Buhari’s Performance During Live Interview On The Candidates by MylezKayn(m): 12:23pm On Jan 17, 2019 |
pelegiga92: u too foolish
BMC Zombie abeg stay ur lane... Don't quote me and say rubbish 2 Likes 1 Share |
Politics / Re: PDP Reacts To Buhari’s Performance During Live Interview On The Candidates by MylezKayn(m): 11:55am On Jan 17, 2019 |
True talk...That dullard doesn't understand English, can't comprehend simple sentences and lastly has an empty skull with no brain... he's simply a case of no-brainer 156 Likes 7 Shares |
Sports / Re: Albacete: Messi Reveals His Favourite Goal In His Entire Career by MylezKayn(m): 10:24am On Jan 17, 2019 |
6 Likes 1 Share |
Politics / Re: Buhari’s Town Hall Meeting Marred By Early Signs Of Dementia? by MylezKayn(m): 9:22am On Jan 17, 2019 |
It was a wonderful display of sheer ignorance and incompetence by the "All-knowing" President. We can now see that this guy is an ignoramus and dullard... Back to Daura is a task that requires all hands on Deck 61 Likes |
Politics / Re: What a shame - Nigerians reacts at Buhari after participating in the TheCandidat by MylezKayn(m): 6:55am On Jan 17, 2019 |
Please take note of the fact that all guests at that Program were "strictly invited"... Can you imagine a president is talking of grazing routes from the First republic!?!?... What a pathetic and monumental failure he is.... Any time he was applauded it was by BMC foot soldiers not reasonable human beings 2 Likes |
Politics / Re: Buhari Could Not Answer Why Former SGF Has Not Been Prosecuted by MylezKayn(m): 8:34pm On Jan 16, 2019 |
True talk bro....Am watching it LIVE 3 Likes 1 Share |
Politics / Re: Two Kinds Of Buhari’s Supporters by MylezKayn(m): 8:12am On Jan 15, 2019 |
This is the most sincere and honest article written abt PMB supporters and how they think. Criminalising the opposition isn't the way to handle opposition. Kudos to those who have seen the Light and have retracted from supporting "Mr. Integrity". Better days await Nigerians when PMB is kicked back to Daura 6 Likes 1 Share |