₦airaland Forum

IPIGSRSHALLOW:
Still crying and wailing on useless figures.

What was Nigeria producing in 2015 to have a 400 billion economy? 98 percent was oil, and the price of oil was much higher then.

Oga, do you know the amount of businesses/companies that have exited Nigeria since 2015?

Even the last 2yrs of Tinubu alone sef
.

Akpakomiza2:
Did obj not suspend two governors? Even Gej declared emergency. The emergency act of 1962 grants him power to suspend a governor sir.. every president deploys security to quell protests sir so this point is useless.

Gej recognized an illegal speaker who had 12 members against the one with 18 members in Ogun because he feared Gbenga Daniels. Under Gej, we had illegal impeachments of Adamawa gov and deputies of Ondo and Kogi. Your remember the chairman of governors forum where Gej recognized Jang who had lesser governors against Amechi? Should I go on? How many have you seen under Tinubu

Quite well OBJ suspended two governors, which was ultra vires. The constitution confers on the President the power to declare a State of Emergency but the constitution didn't empower that the President has power to suspend the authority of the State in the process. OBJ erred during his time. Jonathan got it right by not suspending the governors of Yobe, Adamawa and Borno when he declared emergency rule in the three States. Tinubu was a fierce critic to the emergency rule by Obasanjo and Jonathan even though Jonathan still maintained the governing structures in the three States.

I am surprised that you had to quote the same law that Prime Minister Tafa Belewa used in declaring State of Emergency in the Western Region to back up Tinubu constitutional gaffe in Rivers state. You are just incorrigible. Section 1 of the 1999 constitution as amended states that: "Any law that conflicts with the constitution is invalid to the extent of the conflict"

Urgent1Million:
By the end of 2015, Nigeria's economy stood at 95.4 trillion naira.
In 2025, Nigeria's economy stands at 301.23 trillion naira.
Tell them to quote our economy in naira. Our currency is naira not dollars!!

ok even with your logic, economy grew by x3 in naira, but the naira crashed by x10. Ain't that what is called worthless growth??. You make x3 only to owe x10. Where is the positive in that esp considering literally every thing we do and have is tied to the dollar in more ways than one, even indigenous manufacturers that are still functioning import one or two raw materials, chemicals or parts.

IPIGSRSHALLOW:
Still crying and wailing on useless figures.

What was Nigeria producing in 2015 to have a 400 billion economy? 98 percent was oil, and the price of oil was much higher then.

I repeat what I always say: Nigerians have NO CLUE how nations develop. Both LEADERS and followers are clueless. Hopefully the crude oil will run out soon enough and THEN we will understand what's really happening. In 2011 they said it remained 41 years.

Nigeria is a joke!

heysquare:
This has nothing to do with corruption! It's simply due to devaluation of naira . If Nigeria still remain on 4th position it means the country is on the right track to reclaim her position within short period.

Who are the one that devalue naira abi?

heysquare:
This has nothing to do with corruption! It's simply due to devaluation of naira . If Nigeria still remain on 4th position it means the country is on the right track to reclaim her position within short period.

not happening in the next decade at least. The number of businesses that have crashed in the last 5years alone, says other wise. What will fuel the GDP growth when SMEs are struggling or outrightly dying? If not for the emergence of remote work affording many the opportunity to sell services and earn in foreign currency right in Nigeria, e for worstttter

mrksquare:
Quite well OBJ suspended two governors, which was ultra vires. The constitution confers on the President the power to declare a State of Emergency but the constitution didn't empower that the President has power to suspend the authority of the State in the process. OBJ erred during his time. Jonathan got it right by not suspending the governors of Yobe, Adamawa and Borno when he declared emergency rule in the three States. Tinubu was a fierce critic to the emergency rule by Obasanjo and Jonathan even though Jonathan still maintained the governing structures in the three States.

I am surprised that you had to quote the same law that Prime Minister Tafa Belewa used in declaring State of Emergency in the Western Region to back up Tinubu constitutional gaffe in Rivers state. You are just incorrigible. Section 1 of the 1999 constitution as amended states that: "Any law that conflicts with the constitution is invalid to the extent of the conflict"

There is no conflict. The constitution is silent on suspension of a governor. A state of emergency simply means governance has failed, democratic institutions in a state have failed and must give way for the fg to handle. That is why the state assembly is taken over by the nass. Section 305 of the constitution covers the emergency act. The supreme court in 2006 failed to rule against the suspension of plateau governor which indirectly validates that suspension. Anyway I gave you other instances where tinubu is a better democrat

akpumping7720:
Work in progress! We believe in Jagaban!

Backwards "progress" is called retrogression

Lanre1st:
Job referral

nope

Paramount01:
At the end of Jonathan regim Did Jonathan govt owing or not? Were state able to pay salary or not? That should be the concern.answee first before we even talk

GEJ left a debt profile of $7 billion in external debt.

Buhari left Nigeria with $41 billion national debt and $21 NNPC debt.



Buhari claimed that fuel subsidies is stealing in 2011


https://www.youtube.com/watch?v=kXDsrIh2s5s&t=23s


Buhari's on fuel subsidies is based on debt fraud.

Akpakomiza2:
There is no conflict. The constitution is silent on suspension of a governor. A state of emergency simply means governance has failed, democratic institutions in a state have failed and must give way for the fg to handle. That is why the state assembly is taken over by the nass. Section 305 of the constitution covers the emergency act. The supreme court in 2006 failed to rule against the suspension of plateau governor which indirectly validates that suspension. Anyway I gave you other instances where tinubu is a better democrat

When I said you are incorrigible I wasn't mincing words. How can the constitution be silent on such fundamental issue as the suspension of a sitting governor. Then if the Federation is at war, then it means the President can be suspended for the military to take over.

Do you know that the reason the military staged the first coup in Nigeria was owing to the State of emergency that Prime Minister Tafa Belewa declared in the Western region.

IPIGSRSHALLOW:
Still crying and wailing on useless figures.

What was Nigeria producing in 2015 to have a 400 billion economy? 98 percent was oil, and the price of oil was much higher then.

How many industries have left the country from 2015?

Racoon:
These are the useless fellas that wants to build a trillion naira economy who rather have ended up wrecking a thriving economy from $494.31 billion in 2015 to $188.27 billion in 2025 over a 10 years gap.

Even SA seating atop today is still finding it difficult to beat Nigeria's old record of 10 years ago, though they have diversify their economy. Meanwhile, it is the irony back here. APC shrank not only the economy, but as well as the people living in Nigeria.

No one should trust Tinubu with anything that has to do with economy. Its like trusting a dog to handle your juicy meat.

IPIGSRSHALLOW:
Still crying and wailing on useless figures.

What was Nigeria producing in 2015 to have a 400 billion economy? 98 percent was oil, and the price of oil was much higher then.

Think about it very well. The fact that was much higher and then became much lower after you tookover is enough indication that your government is not ordained and you are the bad luck to the country. It happened in the Bible times when illegitimate king assumed office by illegitimate means. Everything went downwards.They lost wars and all that.

Racoon:
These are the useless fellas that wants to build a trillion naira economy who rather have ended up wrecking a thriving economy from $494.31 billion in 2015 to $188.27 billion in 2025 over a 10 years gap.

Even SA seating atop today is still finding it difficult to beat Nigeria's old record of 10 years ago, though they have diversify their economy. Meanwhile, it is the irony back here. APC shrank not only the economy, but as well as the people living in Nigeria.

Apc really destroyed nigeria completely.

IPIGSRSHALLOW:
Still crying and wailing on useless figures.

What was Nigeria producing in 2015 to have a 400 billion economy? 98 percent was oil, and the price of oil was much higher then.

If nigeria's economy wasn't productive how come millions s of companies and businesses either closed down or left nigeria during the years of the apc govt?

Still going down day by day. Plenty people can not feed well.

mrksquare:
When I said you are incorrigible I wasn't mincing words. How can the constitution be silent on such fundamental issue as the suspension of a sitting governor. Then if the Federation is at war, then it means the President can be suspended for the military to take over.

Do you know that the reason the military staged the first coup in Nigeria was owing to the State of emergency that Prime Minister Tafa Belewa declared in the Western region.

I understand, you are still aggrieved by the Fubara treatment not about the law. The bitter truth is that fubara cannot win wike. I might not like wike but if fubara still continues fighting, he will be humiliated more and more. Keep sentiments aside

Akpakomiza2:
I understand, you are still aggrieved by the Fubara treatment not about the law. The bitter truth is that fubara cannot win wike. I might not like wike but if fubara still continues fighting, he will be humiliated more and more. Keep sentiments aside

You are deviating from the meat of the issue. You still haven't told me the law that empowers the President to remove the President in the 1999 constitution as amended

mrksquare:
You are deviating from the meat of the issue. You still haven't told me the law that empowers the President to remove the President in the 1999 constitution as amended

I already pointed out the emergency act of 1962 which is covered by section 305 of the constitution. Besides precedents by obj enables it. Gej illegally removed Sanusi as cbn governor, Salami as appeal court president so Tinubu is better

Agbegbaorogboye:
I'm surprised LegendHero did not see this to publish from statisense

Instead, he's using an alternate moniker to comment on the thread

Don’t be a domeeyyy. GDP is measured in a country currency so how can GDP shrink 3fold when not in recession?

When they convert to USD, they use the defended dollar value to quote price which don’t reflect the GDP in the true sense. So if Tinubu suddenly defend naira and take it back to N450 to $1, then our GDP automatically triple?

Which school you graduate from self?

IPIGSRSHALLOW:
Still crying and wailing on useless figures.

What was Nigeria producing in 2015 to have a 400 billion economy? 98 percent was oil, and the price of oil was much higher then.

Mollusc!

Akpakomiza2:
I already pointed out the emergency act of 1962 which is covered by section 305 of the constitution. Besides precedents by obj enables it. Gej illegally removed Sanusi as cbn governor, Salami as appeal court president so Tinubu is better

Read the speech of Tafa Belewa when he declared a state of emergency in the Western region using the hogwash you are citing and Awolowo's response to Tafa's action

https://www.thisdaylive.com/index.php/2025/04/15/nothing-to-be-gained-from-declaration-of-state-of-emergency/?amp

mrksquare:
Read the speech of Tafa Belewa when he declared a state of emergency in the Western region using the hogwash you are citing and Awolowo's response to Tafa's action

https://www.thisdaylive.com/index.php/2025/04/15/nothing-to-be-gained-from-declaration-of-state-of-emergency/?amp

Oga , the deed has been done and the apex court will formalize it

sulaak:
GEJ left a debt profile of $7 billion in external debt.

Buhari left Nigeria with $41 billion national debt and $21 NNPC debt.



Buhari claimed that fuel subsidies is stealing in 2011


https://www.youtube.com/watch?v=kXDsrIh2s5s&t=23s


Buhari's on fuel subsidies is based on debt fraud.

I am trying to understand you ,Buhari debt is far much higher than Jonathan debt agree .and the explanation of Buhari debt was due to many factors .
1) crude oil price droped to the lowest in Nigeria history
2) debt incure by Jonathan ,that made Buhari to go and borrow money to settle those debt
3)COVID 19
4) Russian Ukraine war

Pls explain to me why Jonathan owe $7 trillion despite receiving the highest revenue and receiving a debt free nation

Paramount01:
I am trying to understand you ,Buhari debt is far much higher than Jonathan debt agree .and the explanation of Buhari debt was due to many factors .
1) crude oil price droped to the lowest in Nigeria history
2) debt incure by Jonathan ,that made Buhari to go and borrow money to settle those debt
3)COVID 19
4) Russian Ukraine war

Pls explain to me why Jonathan owe $7 trillion despite receiving the highest revenue and receiving a debt free nation

You are not trying to understand me but looking for an excuse to defend a failure called Buhari,


1) crude oil price droped to the lowest in Nigeria history :

Under Obasanjo oil price was $10 per barrel



2) debt incure by Jonathan ,that made Buhari to go and borrow money to settle those debt.

What debt ? GEJ left a debt of $7 billion with $32 billion in reserve

3)COVID 19

The rate was $60 per barrel
4) Russian Ukraine war
Oil prices went through the roof in 2022. Under Buhari, oil export drops to 900K per day

Zeebuy:
Backwards "progress" is called retrogression

If you say so. Rome wasn't built in a day!