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Nairaland Forum / Nairaland / General / Politics / Assessing Buhari’s Economic Outcome Vs Obasanjo, Yaradua & Jonathan (Pix Video) (36910 Views)
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Re: Assessing Buhari’s Economic Outcome Vs Obasanjo, Yaradua & Jonathan (Pix Video) by NwaIgboBoy(m): 5:31pm On Aug 11, 2022 |
We have made mistakes but God is willing and able to forgive us next year... if only we will listen to him and be Obidenltly Obident. |
Re: Assessing Buhari’s Economic Outcome Vs Obasanjo, Yaradua & Jonathan (Pix Video) by Angelfrost(m): 5:31pm On Aug 11, 2022 |
eldoradoxx: Seriously... The man has been placed in the most difficult position for any politician across the universe. No one with a conscience or brain will or should want to hear anything APC or associated with APC and Buhari. 1 Like |
Re: Assessing Buhari’s Economic Outcome Vs Obasanjo, Yaradua & Jonathan (Pix Video) by Fabians009(m): 5:32pm On Aug 11, 2022 |
Just seven years and we're in $40 billion debts. More than 16years rule debts. Na waoh. With increasing crude oil price per barrel. Which excuse do this Administration have. May God help us all. Amen. MrRobot: |
Re: Assessing Buhari’s Economic Outcome Vs Obasanjo, Yaradua & Jonathan (Pix Video) by Angelfrost(m): 5:33pm On Aug 11, 2022 |
DeOTR: Truth be told, it's almost irreparable! There is absolutely no miracle even the best leader can perform from next year. The journey back to the top is going to be perilous! This economy has never been this mismanaged in the history of world economics! 1 Like |
Re: Assessing Buhari’s Economic Outcome Vs Obasanjo, Yaradua & Jonathan (Pix Video) by engrjacuzzi: 5:34pm On Aug 11, 2022 |
Obj policies meant well for Nigerians while Buhari's policies brought hardship for Nigerians. 1 Like |
Re: Assessing Buhari’s Economic Outcome Vs Obasanjo, Yaradua & Jonathan (Pix Video) by ud4u: 5:35pm On Aug 11, 2022 |
This regime is a disgrace to this country, they failed woefully, But the problem they have is that they can defend anything 1 Like 1 Share |
Re: Assessing Buhari’s Economic Outcome Vs Obasanjo, Yaradua & Jonathan (Pix Video) by lexy2014: 5:36pm On Aug 11, 2022 |
There's really nothing to assess. You can only assess things in the same category. For instance, you don't compare bicycle and aeroplane. You can only assess say Boeing and Airbus side by side. In terms of performance, Buhari isn't any where near the category that his 3 predecessors fall into 1 Like |
Re: Assessing Buhari’s Economic Outcome Vs Obasanjo, Yaradua & Jonathan (Pix Video) by lexy2014: 5:37pm On Aug 11, 2022 |
Angelfrost: Bro, zombies still exist and theres a lot of them in the land |
Re: Assessing Buhari’s Economic Outcome Vs Obasanjo, Yaradua & Jonathan (Pix Video) by Angelfrost(m): 5:38pm On Aug 11, 2022 |
9jaNoBeLagos: I doubt it... Tinubu will definitely do better. Even useless Yahaya Bello will do far better. Buhari has no business even leading or heading a street, least of all a nation! Even a nitwit knew this as far back as 2015... Any doubt about his cluelessness was removed by 2019, yet your citizens chose to remain stupid! |
Re: Assessing Buhari’s Economic Outcome Vs Obasanjo, Yaradua & Jonathan (Pix Video) by MayorOfDelta(m): 5:39pm On Aug 11, 2022 |
kutashi: No road or infrastructure was constructed during PDP tenure right? If Nigeria is not generating more money or wealth after PDP left office, don't you think something is wrong with your party? Must you guys have every foolish reasons to defend a failure? 4 Likes 2 Shares |
Re: Assessing Buhari’s Economic Outcome Vs Obasanjo, Yaradua & Jonathan (Pix Video) by Nobody: 5:39pm On Aug 11, 2022 |
Just some points.. 1.GDP growth rate fell from 7.7 under Obasanjo to 7.5 under Yaradua to 5.5 under GEJ to 1.1 under Buhari. 2. Inflation went up from 12.0 under Obasanjo to 13.4 under Yaradua then to 9.70 under GEJ to 14.0 under Buhari 3.Excahnage rate 26% change under 8 years of Obasanjo to 27.4% under 3 years of Yarauda to 56% under 6 years of GEJ to 150% under Buhari. 4. External resrerves fell from Obasanjo to GEJ and only gained 4 billion more under Buhari. 5.External debt under Obasanjo was 3 billion, under Yaradua was 10 billion in 3 years...7 billion more in 3 years , under GEJ was 15 bn...5 bn more in 3 years and under Buhari 40 billion 6. Missing from the diagram is the oil price. And crucially...our forex needs as a nation, and our tax to gdp ratio. Forex needs have grown since 1999. Especially with the growth of the telecom sector for example. 7. All in all, Nigeria has been depreiciating over the years. It has been worse under Buhari...which shows how bad he is....he knew oil was down...and did not use the tools he needed. 8. But something tells me that the figures show a decline in all indicatiors before Buhari came in. Including reserves. Which begs the question....what mistakes are Nigerian leaders making that our economy is not improving at all since 1999. I not only see how bad Buhari is , but how bad all our democratic leaders are. Buhari's special awfulness (compounded by falls in oil prices...remember oil has been below 60 dollars per barrel for most of his regime..while we need it above 120 dollars per barrel.Plus his failure to diversify the economy) only obscures the other's awfulness. Especially Yaradua and GEJ. Nigeria needs to do something different. What I see here is leaders making the same mistakes over and over again. What we need to do now to stop the rot is simple. 1.Raise the tax to gdp ratio urgently...meaning we tax everyone including the farmer, herdsman and beggar 2.REMOVE SUBSIDIES. YES FUEL WILL COST 600 NAIRA, YES WE NEED TO BUILD REFINERIES AND FIGHT CORURPTION. YES I AM A BAD PERSON NIGBATI NIGBATI....but subsides are a big reason why the debt under Buhari is growing. They eat a lot of our money yearly. They make the budget defict worse. We are not even benefiting from the oil boom because we have to pay subsides. So, subsides on petrol and power have to go. And before you argue with me, i HAVE heard your arguments, even made them, between 1993-2012 when I woke up...so don't bore me. 3.Fight corruption, even if it means jailing your fave politican. No more pardons. Enough is enough. FIGHT CORRUPTION. These won't make one naira equal to one dollar but it would give us a platform to start things like diversificaiton and industrial growth. 7 Likes 1 Share |
Re: Assessing Buhari’s Economic Outcome Vs Obasanjo, Yaradua & Jonathan (Pix Video) by Angelfrost(m): 5:40pm On Aug 11, 2022 |
lexy2014: Only the ones that are well paid can try that. You can't be a Zombie on empty stomach! Many zombies have since been delivered by the hardship imposed upon the nation by Buhari and APC. Even the most hardcore of Tinubu's urchins know that their paymaster is running on fumes... That's why they keep attacking strong opposition and constantly pandering Lagos before our eyes. |
Re: Assessing Buhari’s Economic Outcome Vs Obasanjo, Yaradua & Jonathan (Pix Video) by aimmoney9: 5:41pm On Aug 11, 2022 |
VeryWickedMan:Buhari F9 parallel...... |
Re: Assessing Buhari’s Economic Outcome Vs Obasanjo, Yaradua & Jonathan (Pix Video) by Seankhalifa: 5:41pm On Aug 11, 2022 |
[quote author=ecolime post=115604588] Na one of those Olodo "La cram last pour" lecturers. Na wonder they churn out half baked graduates. [/quote lol.. omo u dey para 1 Like 1 Share |
Re: Assessing Buhari’s Economic Outcome Vs Obasanjo, Yaradua & Jonathan (Pix Video) by ovie8200: 5:42pm On Aug 11, 2022 |
Angelfrost: And he has done it 2 times.....both in military and civilian president! being illiterate, dull, and having nothing upstairs is a disease. 1 Like 1 Share |
Re: Assessing Buhari’s Economic Outcome Vs Obasanjo, Yaradua & Jonathan (Pix Video) by TruthinAction: 5:42pm On Aug 11, 2022 |
The truth is that this government have its focus on a different agenda. This is why the economy is going down. And that evil agenda where they are diverting our monies to will fail in Jesus name. |
Re: Assessing Buhari’s Economic Outcome Vs Obasanjo, Yaradua & Jonathan (Pix Video) by lexy2014: 5:42pm On Aug 11, 2022 |
kutashi: What gains from agricultural sector are you referring to? You care to share or shed more light? Where there no trains before 2015 or was it when buhari became president that nigeria had trains for the first time? Pls tell us the external reserve that was saved by buhari? If he saved so much, how much the naira has been taking a battering? In 2015, buhari inherited $2.1b in the excess crude account. Today, the ECA contains just $300,000. So which winter are you talking about? 1 Like 1 Share |
Re: Assessing Buhari’s Economic Outcome Vs Obasanjo, Yaradua & Jonathan (Pix Video) by Angelfrost(m): 5:44pm On Aug 11, 2022 |
ovie8200: The same people who supported and sold the failure in 2015 and 2019 still have the guts to campaign for another person in the same party... The effrontery!!! Instead of them to be on their knees apologizing and begging for mercy!!! 1 Like 1 Share |
Re: Assessing Buhari’s Economic Outcome Vs Obasanjo, Yaradua & Jonathan (Pix Video) by lifenija: 5:44pm On Aug 11, 2022 |
gaby:dont b foolish |
Re: Assessing Buhari’s Economic Outcome Vs Obasanjo, Yaradua & Jonathan (Pix Video) by Bizibi(m): 5:44pm On Aug 11, 2022 |
kutashi:did you even see the debt profile?? You just want to defend rubbish Mr rubbish. 1 Like |
Re: Assessing Buhari’s Economic Outcome Vs Obasanjo, Yaradua & Jonathan (Pix Video) by lexy2014: 5:44pm On Aug 11, 2022 |
Angelfrost: Don't underestimate the craving of some nigerians to be zombies even with empty stomach. Such folks always believe that those in govt are doing them a favour 1 Like |
Re: Assessing Buhari’s Economic Outcome Vs Obasanjo, Yaradua & Jonathan (Pix Video) by tiger28: 5:44pm On Aug 11, 2022 |
For anyone to be impartial.....Take into consideration COVID 19 impact EVERY Country in the World is heavily impacted by the COVID lockdown and post-covid economy. Also, the global demand for Oil is declining because of green-friendly alternatives. War in Ukraine is impacting global economy as well. EVery Country is feeling the climbing inflation ( including USA where I am for decades). I personally am not a fan of Buhari at all!!! BUT analysis must be parallel with Facts and figures on the ground. ONLY the illiterates here talk with emotions and Beer Parlor Sentiments! 4 Likes 1 Share |
Re: Assessing Buhari’s Economic Outcome Vs Obasanjo, Yaradua & Jonathan (Pix Video) by Nobody: 5:46pm On Aug 11, 2022 |
kutashi: Yes, Buhari did save money...but he made the same mistakes Yaradua, GEJ and Obasanjo made if you look at the other indicies. There has been decline under all ...but under Buhari the decline has gotten worse. The truth is, Buhari could have started well by appointing an economic team, by removing subsides on petrol so as to encourage fresh investment, and by actually fighting corruption...not pardoning Dariye and Nyame and others....and letting a grasscutter go, and allowing his potential sucessor to be someone of the antecedents of tinubu. So savings is not enough. He could have done better. |
Re: Assessing Buhari’s Economic Outcome Vs Obasanjo, Yaradua & Jonathan (Pix Video) by Aidejay(m): 5:47pm On Aug 11, 2022 |
Damn...! This Really Hurt Me. OBJ BeingThe Best Performing President Still, Is Such A Sad Sight. Khai!!!!! |
Re: Assessing Buhari’s Economic Outcome Vs Obasanjo, Yaradua & Jonathan (Pix Video) by AfolayanBig(m): 5:48pm On Aug 11, 2022 |
Racoon: Don't blame yoruba nation. Not all of us voted him. The same thing will happen in 2023, not all of us will vote Tinubu. I won't insult him as my elder, but he is old and should have supported Osibanjo to emerge. Osibanjo would have given Peter Obi a run for his money. Nothing in this life will make me Vote Tinubu. He should go and rest. 2 Likes 1 Share |
Re: Assessing Buhari’s Economic Outcome Vs Obasanjo, Yaradua & Jonathan (Pix Video) by smirn(m): 5:49pm On Aug 11, 2022 |
The analysis doesn't make any sense and it justified the poor journalism by Arise Tv. The situations and challenges of these period of government is not the same. The present Government unfortunately struggled under serious global economic challenges that affected also the so called developed nations like France, UK, the US and Germany to mention but a few. Also the effect if Covid 19 on world economy is very glaring. Two things may look alike but you don't compare them You guys lack adequate knowledge of prevailing global economic indicators and are just talking out of ignorance quote author=Racoon post=115601152] https://www.thecable.ng/buharis-legacy-of-recessions/amp The difference is always clear. Cant imagine how so called sane sophisticated people will go resurrect a failed archaic deadwood of 1984-85 and expect him to perform wonders in a 21st century era. A failure is always a failure.[/quote] 2 Likes 1 Share |
Re: Assessing Buhari’s Economic Outcome Vs Obasanjo, Yaradua & Jonathan (Pix Video) by Angelfrost(m): 5:49pm On Aug 11, 2022 |
kutashi: Please, stop this nonsense! PDP failed woefully in 16 years, but what Buhari and APC did in less than half that period is inexplicably abominable! If you couldn't improve the earning of the nation and standard of living, couldn't you have at least diminished cost of governance and wastage?!! Y'all should start learning to know when to hide your heads in shame! Haba!!! 1 Like |
Re: Assessing Buhari’s Economic Outcome Vs Obasanjo, Yaradua & Jonathan (Pix Video) by INTEGRITYA1(m): 5:50pm On Aug 11, 2022 |
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Re: Assessing Buhari’s Economic Outcome Vs Obasanjo, Yaradua & Jonathan (Pix Video) by yusluvad(m): 5:50pm On Aug 11, 2022 |
We had a free fall of our economy under the Buhari led administration... |
Re: Assessing Buhari’s Economic Outcome Vs Obasanjo, Yaradua & Jonathan (Pix Video) by Nobody: 5:51pm On Aug 11, 2022 |
smirn: Well, covid happened over the last 2 years. There has been a decline long before covid...and the decline is terrible. Buhari had tools he could have used...like removing subsides completely on power and petrol, and channeling the revenue to pubilc transport projects...and health and education, as well as getting more revenue from the resulting increase in investment. 2 Likes |
Re: Assessing Buhari’s Economic Outcome Vs Obasanjo, Yaradua & Jonathan (Pix Video) by Bizibi(m): 5:56pm On Aug 11, 2022 |
Just look at the gdp and the external debts.....some dunces will tell me he built infrastructures. 1 Like 1 Share |
Re: Assessing Buhari’s Economic Outcome Vs Obasanjo, Yaradua & Jonathan (Pix Video) by Nobody: 5:57pm On Aug 11, 2022 |
gaby: It's Hatred that made him forget his English spelling. 1 Like 1 Share |
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