₦airaland Forum

givedemwotowoto:
Agbadorians prowling the internet and social media to distract you with news about Igbo and Ikwerre people are hoping you don’t see this one, hoping you don’t see how bad things are going in Nigeria, hoping you won’t be resolute enough to vote this calamity out in 2027

They are senseless, shameless, hopeless, and brainless.

givedemwotowoto:
Agbadorians prowling the internet and social media to distract you with news about Igbo and Ikwerre people are hoping you don’t see this one, hoping you don’t see how bad things are going in Nigeria, hoping you won’t be resolute enough to vote this calamity out in 2027

Ikwerre Kee you there.

Doing attache-by-force.

These thief's in government are using Igbo and youruba as tribal bait to distract Nigeria. And some useless Igbo and youruba are buying it. All of the elite even in opposition are dining and winning but me and you are here killing out self because of tribe.

Next month now I will go and marry my yorubas babe, and you tell me yorubas hate Igbo and Igbo hate yorubas...I think that's only in niaraland here and on twitter X.

If Una like make una use una head.

Even if Peter Obi will not be president, why can't we see the right thing and call it right?

Quelme:
Fake stat....

No disgrace yourself here. Just keep quiet when issues wey pass you are discussed.

AbuTwins:
Did you factor in what was used to defend the FX and petroleum in those eras?

It was audio before. If you know you know!

Intervention or subsidy are not illegalities in economic terrain, they are simply measures in place to ease cost and standard of living ...

Subsidy does not negate real cost instead it is a paid up of deficit balance to real cost

if your mom fetch #200 water in a month, nd you decided to pay iya ijebu selling water #100 for water your mom will fetch, and your mom pays #100 from her pursue tew ... please where is the audio ?? where is the fake life

Summary
PDP presidents left Nigerians better than they met them
APC presidents left Nigerians much worse than before
I pity anyone supporting APC. PDP era had order, it wasn’t the best but it was nowhere near this wholesale stealing

givedemwotowoto:
Agbadorians prowling the internet and social media to distract you with news about Igbo and Ikwerre people are hoping you don’t see this one, hoping you don’t see how bad things are going in Nigeria, hoping you won’t be resolute enough to vote this calamity out in 2027

I will vote for Tinubu in 2027

Decidetolive:
Tinubu is a calamity

I will vote for him in 2027

NothingDoMe:
I thought NBS adjusted the formula to favour BAT regime? 🤔

That adjustment has not happened yet. You people should read with your eyes open. Equally, the projected figure for 2025 is a prediction that is not cast in stone.

givedemwotowoto:
Agbadorians prowling the internet and social media to distract you with news about Igbo and Ikwerre people are hoping you don’t see this one, hoping you don’t see how bad things are going in Nigeria, hoping you won’t be resolute enough to vote this calamity out in 2027

Even that Reno Okro....no go see am tweet

Didijiji:
oga shut up

Oil price rose during Buhari’s era at a point. What did APC do with it? Always making excuses for massive failures

You are daft! Oil price during Buhari’s regime was always lower than what he met. Growth is a relative concept! Oil during Buhari’s period was always lower than Jonathan so for a country dependent on oil for forex and for an economy that is dollar based GDP was always going to be lower. I am not saying Buhari manages the economy well, but compared to OBJ and GEJ he did more with the little he had than OBJ-GEJ did with the much they had. You can point to roads, rail etc that Buhari did.

The point is NIgerias GDP is largely dependent on the inflow of forex from OIL. Forex inflow determined exchange rate, exchange rate determines dollar calculation of our GDP. At no point in Buhari’s regime was the OIl price 80% of the level under GEJ.

Below is the oil price for the period

There is a difference between oil price spiking to $100 for a week and Oil being steadily at above $100 for years

Obj met it at $400 and improved it to $1k+. When you tell them Obj was the best president ever they begin to argue. Some of them weren’t born then and don’t know how difficult life was in the 1990’s and how things began to change by 2001. Agbadorians dislike him for no reason because they have been brainwashed. The average Yoruba person doesn’t like Obj but will support this government that is taking us back to 1980.

If I say my mind for them they will just ban me here

givedemwotowoto:
Nigeria’s GDP Per Capita by Successive Governments 1999 - 2027



Source: Statisense (IMF Data)
https://x.com/statisense/status/1887838890989334977

They are celebrating IGR and VAT🤣
What an illiterate set of people

AbuTwins:
All those figures are "audio" since the Naira was being defended and Petroleum subsidized!

Defending our naira and the removal subsidy should make us richer not poorer. Who taught you economics.

Tinubu have Taken US back to 1999.

meditator:
I will vote for Tinubu in 2027

Who is stopping you? Why are you announcing. Acting like your mental consciousness can comprehend anything above Tinubu. If you like vote him till 2100 those of us that are doing well will keep doing well.

casualobserver:
You are daft! Oil price during Buhari’s regime was always lower than what he met. Growth is a relative concept! Oil during Buhari’s period was always lower than Jonathan so for a country dependent on oil for forex and for an economy that is dollar based GDP was always going to be lower. I am not saying Buhari manages the economy well, but compared to OBJ and GEJ he did more with the little he had than OBJ-GEJ did with the much they had. You can point to roads, rail etc that Buhari did.

The point is NIgerias GDP is largely dependent on the inflow of forex from OIL. Forex inflow determined exchange rate, exchange rate determines dollar calculation of our GDP. At no point in Buhari’s regime was the OIl price 80% of the level under GEJ.

Below is the oil price for the period

What was the price of oil under Obasanjo?
A bad workman always quarrels with his tools.
True oil price fell under Buhari and that was his good excuse for crazy borrowing. What was done with the borrowed money.
Why didn't the borrowed billions impact on the GDP?
Now under Tinubu, oil prices have been mostly above $80 yet the borrowing continues and the poverty continues.
The GDP is falling yet your guy is able to buy a new jet for himself.
Oil prices were down yet under Buhari, every single budget was padded. Make this make sense.

SmartyPants:
That adjustment has not happened yet. You people should read with your eyes open. Equally, the projected figure for 2025 is a prediction that is not cast in stone.

You don return? You go dey alright. 🤣😅

APC is the worst evil that has happened to this country. May God wipe them off in Jesus name. Amen

givedemwotowoto:
Nigeria’s GDP Per Capita by Successive Governments 1999 - 2027



Source: Statisense (IMF Data)
https://x.com/statisense/status/1887838890989334977

Yaradua is the best
Jonathan is the worst

givedemwotowoto:
Nigeria’s GDP Per Capita by Successive Governments 1999 - 2027



Source: Statisense (IMF Data)
https://x.com/statisense/status/1887838890989334977

IGR and VAT people will run from this thread
Helinues
Chopnaira
Softmirror
Timemanager (u nor kiss the truth today?)

Obasanjo's administration is the best here.

GDP Per Capita Change by Administration (USD):
Obasanjo (1999-2007): $$1790 - $$481.95 = $$1308.05 increase
Yar'Adua (2007-2010): $$2330 - $$1790 = $$540 increase
Jonathan (2010-2015): $$2720 - $$2330 = $$390 increase
Buhari (2015-2023): $$1640 - $$2720 = $$1080 decrease
Tinubu (2023-2025): $$835 - $$1640 = $$805 decrease (Projected)

APC running Nigeria aground

givedemwotowoto:
Agbadorians prowling the internet and social media to distract you with news about Igbo and Ikwerre people are hoping you don’t see this one, hoping you don’t see how bad things are going in Nigeria, hoping you won’t be resolute enough to vote this calamity out in 2027

U can only fool the ignorant.

The same gdp , Gej rebased in 2014.

Very soon , de@th await those dealing in fake drugs
U would cry tire

tctrills:
What was the price of oil under Obasanjo?
A bad workman always quarrels with his tools.
True oil price fell under Buhari and that was his good excuse for crazy borrowing. What was done with the borrowed money.
Why didn't the borrowed billions impact on the GDP?
Now under Tinubu, oil prices have been mostly above $80 yet the borrowing continues and the poverty continues.
The GDP is falling yet your guy is able to buy a new jet for himself.
Oil prices were down yet under Buhari, every single budget was padded. Make this make sense.

I have explained to you. That when our GDP is translated into dollars, it is dependent on your exchange rate. Exchange rate is dependent on oil income and since oil is our major source of forex. Our GDP will always be impacted by our income from Oil.

Are you that daft that a simple concept eludes you or are you so far gone in your political or tribal views you have lost any capacity to grasp simple concepts?

Look my friend you will never hear me say Buhari was a good manager of the economy because that would be a lie but he did more for infrastructure with the little he had than any president before him since 1999 despite having less than they did. That is not to absolve him if his incompetence in managing the economy, it is just a statement of fact. For instance if exchange rate is so important and oil is so important to your exchange rate, how do you a man who was a former petroleum minister allow oil production to fall to as a low as 1mbpd? Nobody is a saint here.

The argument here is an academic one. Your economy can grow in your local currency but your dollar based GDP can fall because your exchange rate fell. The oil sector is less than 10% of our economy but it has the most impact because it determines our exchange rate. In Nigeria exchange rate determines everything else from GDP in dollars to the price of tomatoes. Did Buhari perform poorly in the oil sector yes! Primarily because of his failure to sign the PIA in time and because he oversaw the fall in output from 2m barrels to 1m. But that’s not the point. The international price of crude which determines our exchange rate and hence our Dollar GDP calculation is not in the hands of ANY president! The questions that an educated person should ask is when providence favored you with high oil prices what did you do with it? When they were low how did you manage the slump?

Some of you people just talk like uneducated eediots! One cannot have a fact based discussion without turning everything to politics or tribe or religion.

Jesus wept!

OredoPikin2:
IGR and VAT people will run from this thread
Helinues
Chopnaira
Softmirror
Timemanager (u nor kiss the truth today?)

What was Nigeria population then and now.
Moreso, this was rebased by Jonathan.



Tinubu would rebased this this year.

tctrills:
Defending our naira and the removal subsidy should make us richer not poorer. Who taught you economics.

Ha.. delete the comment you wrote.

The school you learnt this from, should be closed immediately.

Very poor reasoning.

givedemwotowoto:
Every government from OBJ to GEJ grew Nigeria’s GDP per capita. Tinubu’s government is projected to cut our GDP per capita in half, that’s how value we’re going to lose as a people because of what happened in 2023

When Nigerians could barely feed, pay for accommodation and take care of their other welfares the value is already lost, when Tinubu finishes dealing with Nigerians we go understand the meaning of renewed shege, happiness be say Agbodorians have their special card and are insulated from the economic woes

>:

Now y'all believe stati sense today abi😁😁😁

casualobserver:
I have explained to you. That our GDP is calculated in dollars. Dollars is dependent on your exchange rate. Exchange rate is dependent on oil income and since oil is our major source of forex. Our GDP will always fluctuate based on our income from Oil.

Are you that daft that a simple concept eludes you or are you so far gone in your political or tribal views you have lost any capacity to grasp simple concepts?

Look my friend you will never hear me say Buhari was a good manager of the economy because that would be a lie but he did more for infrastructure that any president before him since 1999 despite having less than they did.

The argument here is an academic one. Your economy can grow in your local currency but your dollar based GDP can fall because your exchange rate fell. The oil sector is less than 10% of our economy but it has the most impact because it determines our exchange rate. Did Buhari perform poorly in the oil sector yes! Primarily because of his failure to sign the PIA in time and because he oversaw the fall in output from 2m barrels to 1m. But that’s not the point. The international price of crude which determines our exchange rate and hence our Dollar GDP calculation is not in the hands of ANY president! The questions that an educated person should ask is when providence favored you with high oil prices what did you do with it? When they were low how did you manage the slump?

Some of you people just talk like uneducated eediots! One cannot have a fact based discussion without turning everything to politics or tribe or religion.

Jesus wept!

Again you keep failing
You know nothing about GDP. Oil contributes less than 20% of the Nigerian GDP.
Under Jonathan, it was less than 14% at one time.
Your GDP is falling because all sectors not only oil is falling.
Manufacturing is failing,
The service sector is failing,
Oil prices was lowest understand Obasanjo.
Oil price is actually good under Tinubu.
Again if you understand economics you would have know that borrowing adds to your GDP.
How come all the borrowed dollars under Buhari and Tinubu did not reflect in your GDP.

The Government under APC has become the government of excuses. Like a 5 years old kid, they would rather blame everyone else than themselves.
You have become like APC, lazy and irresponsible.
You are an adult, learn to take responsibility.