₦airaland Forum

Happy married life the Silent G. We are proud of you

OP
For sake of emphasis and to shed some light, I would like to explain the following issues:
i) Yes, much money was made during Jonathan's administration, but the Governors through their umbrella body (Governors' forum) insisted on sharing the money. It was in this country that they (Gov's Forum) took Jonathan to court and eventually all the money were shared. Those Governors then, are the 'so called' non corrupt APC Governors today.

ii) I am aware that the recession was not caused by Jonathan rather by bad policies and stubbornness of the current administration. I may not have the right words, but since you quoted Okonjo Iweala, may I also quote her former colleague Oby Ezekwesili on the cause of the recession: Pls read and be enlightened

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
but 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 are 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.

Buhari is saying - Let me warn you, I dont trust Osinbajo nor Tinubu! you are in charge. Make sure you dont take your eyes off these Igbos and Yorubas especially that one looking at us by the side.

Buhari was saying - Let me warn you. I dont trust Osinbajo nor Tinubu! You are in charge. Make sure you dont take your eyes off these Igbos and Yorubas especially that one looking at us behind. LOL

arimahoseloka:
Get with the times.. Old timer

Do you really think its about being an old timer?? I think someone needs to think out of the box here.

clean2: 10:10am
Repent now of your sinful evil ways to avoid spending eternity in hell fire,,,,Jesus christ love and warn you to repent and convert now to christianity to avoid hell fire when you die.


Hehehehe, bro, do you have to showcase your ignorance and frustration. Can u swear u neva had a girlfriend all your life?

...but there was a time in this country when all one needed to have a girlfriend was to speak good grammar and dress neat. Read and exchange James Hadley Chase, Mills and Boon, Nick Carter etc.

What's happening now because I seem to be missing something?

Good news. I have a dream, that one day (very soon), Bokoharam will be history.

Yea, I drank from that pot. Certainly not for the indomie generation.

dimples2: I can do some not afraid of heights

My dear, u need to look at those stunts again. Those are suicide missions

The only thing this guys knows is criticism, nothing more.

Great job. Its quite disgusting how people wear sacks these days in the name of suit. Am sure we are going to take a thing or two out of this piece.

OP, Faith and Reason are direct opposite of each other. The word of God made us to understand that He uses the foolish things of this world to confirm His wisdom. Abraham against hope and reasoning believed in hope and it was counted for him as righteousness. I maintain that we are not wise enough to reason the things of the spirit. Faith always sounds and look unreasonable because it is spiritual, but yet it works. The word works.

My broda, it is well with u and ur wife. I have an idea of what u are going thru. However, am convinced ur prayers has been answered already. U hv started well by sowing seeds in his name. Just continue in that direction. That was my formular and it worked for me. Congrats in advance.

I pick wendy. Dunno where on earth she is now.

I have neva seen a clueless id-i.ot like this poster. How much were u paid to disgrace urself. Other govs a celebrating excellence and u r here posting a photoshop. Quit supporting evil in ur own interest.

Nawa o, how come nobody is commenting oo. Abeg make una help a brother nah

Dear Nairalanders

I am considering buying an Audi A4 car, 2005 model, 2.0 engine capacity. Any useful information on the performance of the car, availability of parts in Lagos Nigeria as well as likely problems associated with the car would be appreciated to enable me conclude the deal.

Abeg make una help a broda.

Fellow Nairalanders,

I am considering buying an Audi A4 car, 2005 model. Any useful information on the performance of the car, availability of parts in Lagos Nigeria as well as likely problems associated with the car would be appreciated to enable me conclude the deal.

Abeg make una help a broda.

Honda CRV is a very wonderful car, I have been using it ("03) for a while now and the performance has been impressive. You may need to be mindful of the gear oil to use, as that might be the beginning of ur gear wahala.

Doctokwus, u seem to have d best adjective (backward thinking) to quality dis Abia Gov. Can u imagine a gov asking people to come and cue in a stadium because of one kerosene. What happens to all those living in the rural areas. mtsweeew

So, is it those people that is stopping him from performing. Clueless governor

Grey Beard, am certain that one day, u will attract a course from the spirit, since u cant think of anything gud to do with ur life than criticise Men of God. I wish u best of luck though! just continue

I wish there were better disgrace given to him. Some of us from Abia has already given up because we know we dont have any governor. We only have one baboon feeding fat on us. Am not surprised at people like patrikobi, am sure he is part of the ba boon.

Well, I dont see anything wrong with helping to loose the hair. As a matter of fact, I de help ma girl anytime she ask

Dare Art Alade - You are not the girl I used to know

Poster, living on the past will definitely affect ur future. I know there a lot of gud guys out there. Free ur mind am sure God has a package for u.

What did men do again, this time??