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Vote Gej/pdp Cohorts And See Inflation Destroy Our Naira - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Vote Gej/pdp Cohorts And See Inflation Destroy Our Naira (1485 Views)

Na Wa Oo! See INFLATION!!!..............SAI BABA BUHARI. / Buhari’ll Destroy Our Democracy –fayose / 23 Years Later, Dele Giwa's Killers-ibb And Cohorts- Walk Free ! (2) (3) (4)

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Vote Gej/pdp Cohorts And See Inflation Destroy Our Naira by BSF: 7:32pm On Apr 13, 2011
The world bank has warned that Naira will devalue because of depletion of Foreign Reserve. In less than 4 months Naira has devalued to N160/$1.  By YE2011 , Naira would have fallen to N200/$1.


GEJ is fighting INFLATION, DEFLATION instead of pursuing PRICE STABILITY.


Nigeria had experienced something similar in times past and it is the "weeping" Buhari that fixed it during his military era.  Buhari is weeping because of what he sees ahead. When you start buying  a loaf of bread for N2000 before GEJ finishes his tenure in 2015(assuming he is successfully RIGGED IN), then you will all see the folly of voting GEJ/PDP.

Get ready for ZIMBABWE EXPERIENCE, if you vote GEJ/PDP.

NIGERIANS!!!!!, IN THE INTEREST OF YOUR FUTURE AND  TO  FORESTALL THE ZIMBABWE OR OLD GHANA EXPERIENCE ,

[size=18pt]VOTE BUHARI ALL THE WAY[/size]
Re: Vote Gej/pdp Cohorts And See Inflation Destroy Our Naira by Nobody: 7:52pm On Apr 13, 2011
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Re: Vote Gej/pdp Cohorts And See Inflation Destroy Our Naira by EvilBrain1(m): 8:05pm On Apr 13, 2011
See as GEJ dey spend our money like say dem don shepe for im papa. Excess crude account emptied in a year and with oil prices at a record high.

I wouldn't even have minded if he was spending the money on something sensible like new railways or schools or hospitals. The problem is that nobody can point to exactly where the money is going. Maybe his campaign or to pay salaries for his 133 aides and their aides. Obasanjo paid off decades worth of foreign debt with excess crude money when oil cost 40% less. You know you're bad when you start making OBJ look like a good leader.

The dollar that we're even comparing our naira to is also at a record low. Try checking the exchange rate against pounds or euros if you want a true idea of how worthless our money has become under this GEJ and his fellow PDP looters. The guy is completely irresponsible.

GEJ will bankrupt this country if given the chance. PDP must go!
Re: Vote Gej/pdp Cohorts And See Inflation Destroy Our Naira by Nobody: 8:07pm On Apr 13, 2011
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Re: Vote Gej/pdp Cohorts And See Inflation Destroy Our Naira by Nobody: 7:21am On Apr 14, 2011
PAST RECORD: In August 2006, the EFCC had seized the sum of N104 Million from one Mrs. Nancy Ebere Nwosu. Nwosu testified on oath that the money belonged to Mrs. Jonathan, then the Bayelsa State first lady, and that she was a mere mule, con, tracted to launder the loot. The case eventually made its way through the EFCC’s convoluted investigative hoops, ending up in the court of Justice Anwuli Chikere of the Federal High Court Abuja. Then, like all corruption cases involving favored members of the PDP family, the case fizzled out, never to be officially mentioned again. Even the fate of the seized money, which Justice Chikere ordered frozen, is still a mystery.

Another incident came to light before the dust of the first incident settled. The story, widely reported in September 2006 in the local and international media, was of yet another EFCC interception of funds traced to the then Bayelsa first lady. This time, the amount in question was an unheard of $13.5 Million. Like the previous loot, it was destined for laundering in offshore schemes. Mr. Osita Nwajah, the EFCC spokesman, gleefully announced the seizure. Again, the case disappeared into the the PDP’s labyrinth of impunity.

CURRENT RECORD: Our public debt is 17.8% of the GDP while crude oil accounts for 95% of our exports. Our foreign reserves have gone down from $72 billion in 2008 to $33 billion in 2011. Our gross external debt has been put at $9.689 billion and the Gross Domestic Debt has shot up from $13.6 billion in 2006 to $21.8 billion.

South Africa gave a contract for 5,000MW at just $3b, but Nigeria spent over $17b in 11 years on power to generate less than 2,000MW. The 2011 budget shows that the government will have to borrow additional N1.3 trillion in 2011, to finance a deficit. The National Assembly has widened the deficit gap further by jacking the budget up by about N700 billion!

Excess Crude Account was valued at $22 billion in 2007 but was down to less than $4 billion by 2010. Our Domestic debt grew rapidly between March December, 2010 by up to as much as $30 billion. The state of insecurity has become increasingly worrisome.

Manufacturers consume 8.7 million liters of diesel weekly for their operations, amounting to about N903 million weekly or N3.6 billion monthly. A total of 834 manufacturing companies closed their factories in 2009. 176 firms were shut down in the Northern area, comprising the Kano and Kaduna states manufacturing axis. In the South-East-178, the South West- 225, in the Lagos area, 214 manufacturers closed their factories. The implications in terms of job loss can only be imagined.

DOES IT MATTER WHETHER YOU VOTE FOR CHANGE OR CONTINUITY?
Re: Vote Gej/pdp Cohorts And See Inflation Destroy Our Naira by azahmed(m): 7:58am On Apr 14, 2011
@poster,
please let dis topic be on d home page where evrybody could read and comment.
The facts stated above could make some of dumbard campaining 4 for d clueless GEJ reason well n change dia minds,
Re: Vote Gej/pdp Cohorts And See Inflation Destroy Our Naira by Beaf1: 2:39pm On Apr 14, 2011
azahmed:

@poster,
please let dis topic be on d home page where evrybody could read and comment.
The facts stated above could make some of dumbard campaining 4 for d clueless GEJ reason well n change dia minds,

Dude, it is only the admin that move topics to the front page and it is a shame that he is also for GEJ. Post anything negative about Buhari, i mean anything at all and the minute it will be on the front page!

sad sad
Re: Vote Gej/pdp Cohorts And See Inflation Destroy Our Naira by Googler(m): 2:42pm On Apr 14, 2011
azahmed:

@poster,
please let dis topic be on d home page where evrybody could read and comment.
The facts stated above could make some of dumbard campaining 4 for d clueless GEJ reason well n change dia minds,
You sure Mr Buhari would know the meaning of "inflation"?
Re: Vote Gej/pdp Cohorts And See Inflation Destroy Our Naira by Nobody: 3:48pm On Apr 14, 2011

https://www.youtube.com/watch?v=Nl5JSE1YrCs

election fraud going on,
click this link and watch

Video evidence of fraud by election officials at the polls in South South Nigeria. (Rivers State). Where are all the international election monitors. This only shows that we Nigerians control our own destiny. INEC take note.

pdp power lol grin
Re: Vote Gej/pdp Cohorts And See Inflation Destroy Our Naira by squirell5: 3:12pm On Apr 15, 2011
I WILL vote GEJ & nothing dey happen!! With the reforms going on in the banking sector it would only be a matter of time before things start to normalise
Re: Vote Gej/pdp Cohorts And See Inflation Destroy Our Naira by XEENA: 10:23pm On Apr 15, 2011
When it comes to politics people lie and say anything to win,
GEJ is the MAN and he will WIN so that finally NIGERIANS can BREATHE easysmiley
Tomorrow we decide!!

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