PresidObi:
Nigeria,

A country where proven public service failures stand up to lecture others who had made a success of both their private and public lives. Fashola should be ashamed of himself for talking about economy even while his government has collapsed under economic woes.

You really cannot use infrastructure to grow the economy, what Fashola failed to mention was that the millions of liters of gas used to build the bridge were imported, at a very negative balance of trade for a country that has gas under its soil? Most of the other materials and manpower are also imported, benefiting foreign countries. The number of expatriate workers in JB will amaze you, with thrice that number serving them as cooks, gardeners, drivers and security men. Loss of foreign currency.

You grow the economy organically, by improvements in the GDP, creating enabling environment with power supply (an area Fashola failed woefully) and making sure more people work and exchange goods and services, not to talk about tax. APC keep proving everyday that they are passers by in the corridors of power.

Vote for Peter Obi.

He will make Nigeria so rich and prosperous that the likes of Fashola will relocate to Jamaica to hide their faces.

mach7:
Fashola and Obi are not mates.

One major drawback of Obi is that he talks a lot and if you delve deep into what he is saying most times, it is hard to correlate his words into tangible solutions for the economy.

Furthermore, a lot of youths shouting Obi really do not even bother to critique his ideas or solutions. To them it is simply about being "Obidient"

Abeg obidient to what? Most don't even know.

PHOTSEE:


Oga when you know all those, what have there done about it? You are here killing yourself over mere statement you barely understand , which instances it was made, Is peter obi now buhari ? is peter APC? Was peter obi a minister for the past 7 years of your darling ApCheat regime?

haffaze777:
Only doofus see Pandora clown as Intelligent person

TheGoodJoe:


You boost the micro economy first. Get small and medium scale businesses producing. When it is time for doing Macro businesses, the purchase will come from local production.

That is how you drive the economy. From down up. Not from top down.

Saintinoo:


How is building and getting necessary equipment for school not a solution to building the economy.

How is becoming a producing nation instead of a consuming one not a solution to building the economy?

How is cutting unecessary cost and channelling these same fund to important things not a solution to grow the economy?

How is investment in SMEs not a solution to growing the economy.

One thing you must understand about Peter Obi supporters is that they are learned and they can relate to his policies. I know what Peter Obi knows, because I am in same field, and I know those are what Nigeria needs.

Kennydoc:


Some of you guys are not smart honestly. It's all about party and tribalism for you.
Fashola's explanation is quite weak and you guys cannot even see it. It's a shame.
Driving an economy is not about providing funds to workers in the short term cos any means of spending money will do the same.
An infrastructure can only be beneficial in driving the economy if it helps to increase foreign exchange earnings either by reducing imports or increasing exports, improve industrialization, improve supply of products and provide permanent employment to workers.
If driving the economy is all about provision of jobs, the host of Nigerian importers in the major markets are also driving the economy, but we know it is in the negative sense.
Borrowing to build railways and bridges in a country that has no power and access roads to many local and agrarian communities where raw materials and food are, is a negative way to drive economy. No wonder Nigeria now used over 80% of it's revenue generation to service loans.
Talking about borrowing loans from China to build infrastructure, go and read about Sri Lanka and their debt crisis. You will understand that Nigeria will soon be in hot soup.

clinician2x:


What are the economic advantages of the railway systems Nigeria borrowed money to build? Trillions of naira wasted there.

Do you know that the annual maintenance budget of those trains pass the revenue it generates?

Thinkam:
Why hasn't it been felt by ordinary Nigerians, the gains of the infrastructure, in regards to the economy..
Majority of the infrastructure this APC has put up is based on loans, most of that infrastructure has been rendered useless by insecurity, it was on that premise Peter Obi made his statement.
If the infrastructure APC is putting up isn't based on loans, and no insecurity, we will all hail them.

The point Obi made is, very valid.

sukar886:

Mugu , no one like obi in ur place , thief, tinubu urchins, una won make tinubu share Nigeria money give una, you people are wicked , so self centered n selfish Intetest ... Rubbish

Abassmt:
Why are you people asking this type of questions is common logic Nigeria is too far behind when you are talking about infrastructure in power, transportation and other and investor will not come in to do business in your country without all this even as a Nigerian unless you don't have options.many Nigerian organize thir businesses in our neighboring countries and bring their products here to sell the. The problem is just the curuption and insecurities which no country can survive with. The cost of production is just too much is not easy at all I know what I'm saying.

mach7:
Fashola and Obi are not mates.

One major drawback of Obi is that he talks a lot and if you delve deep into what he is saying most times, it is hard to correlate his words into tangible solutions for the economy.

Furthermore, a lot of youths shouting Obi really do not even bother to critique his ideas or solutions. To them it is simply about being "Obidient"

Abeg obidient to what? Most don't even know.

mach7:
You see the intellect of the son, and you are querying that of the father? Please receive sense.

3ple9iner:


But PO didn't make Anambra so rich the money he saved has been used to build airport and that's all

How would you grow an economy without infrastructure would a company site it's company if the roads are bad and the power supply you mentioned isn't that also an infrastructure?

Nigeria should be cashing out from gas sales now assuming it has the infrastructure on ground for exploration but we don't have that's why we haven't been able to sell our gas to foreign countries.


Infrastructure comes first before an economy can grow construct roads, generate and supply enough power and the economy would grow.

PresidObi:
Nigeria,

A country where proven public service failures stand up to lecture others who had made a success of both their private and public lives. Fashola should be ashamed of himself for talking about economy even while his government has collapsed under economic woes.

You really cannot use infrastructure to grow the economy, what Fashola failed to mention was that the millions of liters of gas used to build the bridge were imported, at a very negative balance of trade for a country that has gas under its soil? Most of the other materials and manpower are also imported, benefiting foreign countries. The number of expatriate workers in JB will amaze you, with thrice that number serving them as cooks, gardeners, drivers and security men. Loss of foreign currency.

You grow the economy organically, by improvements in the GDP, creating enabling environment with power supply (an area Fashola failed woefully) and making sure more people work and exchange goods and services, not to talk about tax. APC keep proving everyday that they are passers by in the corridors of power.

Vote for Peter Obi.

He will make Nigeria so rich and prosperous that the likes of Fashola will relocate to Jamaica to hide their faces.

mach7:
Fashola and Obi are not mates.

One major drawback of Obi is that he talks a lot and if you delve deep into what he is saying most times, it is hard to correlate his words into tangible solutions for the economy.

Furthermore, a lot of youths shouting Obi really do not even bother to critique his ideas or solutions. To them it is simply about being "Obidient"

Abeg obidient to what? Most don't even know.

Thinkam:
Why hasn't it been felt by ordinary Nigerians, the gains of the infrastructure, in regards to the economy..
Majority of the infrastructure this APC has put up is based on loans, most of that infrastructure has been rendered useless by insecurity, it was on that premise Peter Obi made his statement.
If the infrastructure APC is putting up isn't based on loans, and no insecurity, we will all hail them.

The point Obi made is, very valid.

3ple9iner:


The would have their effect one way or the other even though it's not being felt.

Imagine a country with no airport, no good roads, no refinery, no school and you are saying the economy would grow when we are not in the stone age.



Don't bring inflated price of as an excuse because the argument is about infrastructure being important in developing an economy.

Pakute:

It seems you haven't heard that Lekki seaport is the latest infrastructure in town. Tinubu na your mate?

clinician2x:


For the fact that you could not even counter the points raised here logically and in paragraphs with facts or near-facts, shows you are empty and you have no form of education, formal or informal.

Abdul05:
Fashola ,tinubu , osinbajo and Co are all considerable Intellects.....

and ,they are also rational and political healthy unlike the fake one from the land of Biafra,,.

excess4luv:


Please what infrastructure are you talking about.
Fashola has been minister of power for 7 years yet we are battling collapse grid, no additional megawatts to the grid but he told Nigerians that power isn't rocket science

TheGoodJoe:


It seems you did not understand Saintinoo. His post is highlighting the philosophy of Peter Obi's suggested Policies.

He is saying Peter Obi's suggestions are the right ways to boost the economy and not building mega structures.

mach7:
Fashola and Obi are not mates.

One major drawback of Obi is that he talks a lot and if you delve deep into what he is saying most times, it is hard to correlate his words into tangible solutions for the economy.

Furthermore, a lot of youths shouting Obi really do not even bother to critique his ideas or solutions. To them it is simply about being "Obidient"

Abeg obidient to what? Most don't even know.

mach7:
Fashola and Obi are not mates.

One major drawback of Obi is that he talks a lot and if you delve deep into what he is saying most times, it is hard to correlate his words into tangible solutions for the economy.

Furthermore, a lot of youths shouting Obi really do not even bother to critique his ideas or solutions. To them it is simply about being "Obidient"

Abeg obidient to what? Most don't even know.

Abassmt:
All this your people are talking take time and they will start from somewhere til all the rail Line connect together from north to south, we might not see the impact now but is very good to start somewhere, but the main problem now is curuption that will delay it and insecurities that can destroy the one they are building.

mach7:
You see the intellect of the son, and you are querying that of the father? Please receive sense.

bigpicture001:


Bro let's discuss on this topic...

How on Earth will u say building infrastructure is the main way of driving economy.... Yes infray drives economy but it's a policy undertaken by economics when there is a down turn in economic growth.. this is . In period of recession...

But in an ideal moment if a president is aiming to ginger an economy.. it's best to encourage massive investment, be it foreign or local... And. Off all the types of investment that has been proven to help economic growth... Production has. Been the. Most viable.. because in production.. the GDO and. gNP of a Nation grows.. employment rate. Grows.. national income grows, trade deficit is reduced, exchange rate appreciate and international respect and export grows... So in which way is insfrastrure as a means of driving the economy now surerer than investment I. E production...?

Explain sir... I am waiting... And plz don't chicken out

27Pushing30:


To counter points I’d need to be dealing with a financially literate person - not just a literate.

So even starting off with illiterates means no need at all.

Continue to wallow in your ignorance