₦airaland Forum

MadamExcellency:
Buhari secured the largest loans from foreign institutions, which significantly damaged Nigeria's economy. He misused these funds to distribute weekly cash grants and humanitarian aid to Northerners under the guise of "saraka." This practice has created a culture of complacency, turning once energetic and capable workers into a lazy labour force.

The ones your BAT has secured in two years how have they improved the economy and its citizens?

At least we had a decent living standard during Buhari compared to EBOLa, even though he was a calamity that shouldn’t have happened.

And he did it at the expense of more and more debts and refusal to take serious economic reforms.

That's a big part of our economic issues folks.

Putindbutt:
I don't know why we have a short memory or selective amnesia in this country. In 2022, Buhari signed the PIB into law, the law became effective. Under the PIB, fuel subsidy is no longer backed by the law, it becomes unlawful. And due to this fact, Buhari did not make provision for fuel subsidy in the 2023 budget, hence, why Tinubu said subsidy is gone. The subsidy at the time was only provided for a six month period which was supposed to expire in June 2023. As a matter of fact, Tinubu still continued with subsidy till the end of 2023 - mid 2024 due to high exchange rate after the naira was floated. Right now, subsidy is effectively over and the oil sector is effectively decentralized boosting investors confidence in the market to invest and maximize profits.

Theory is different from practicing.
Oil sector effectively decentralized, yet Dangote in one of his statements is spitting words of regrets and even looking for a way to sell off his investment.

Is he acting out on what he doesn't know or is he looking for public sympathy from gullible Nigerians?

Until Nigeria kmow that 90% of their problems came from their governor not presidency

Putindbutt:
I don't know why we have a short memory or selective amnesia in this country. In 2022, Buhari signed the PIB into law, the law became effective. Under the PIB, fuel subsidy is no longer backed by the law, it becomes unlawful. And due to this fact, Buhari did not make provision for fuel subsidy in the 2023 budget, hence, why Tinubu said subsidy is gone. The subsidy at the time was only provided for a six month period which was supposed to expire in June 2023. As a matter of fact, Tinubu still continued with subsidy till the end of 2023 - mid 2024 due to high exchange rate after the naira was floated. Right now, subsidy is effectively over and the oil sector is effectively decentralized boosting investors confidence in the market to invest and maximize profits.

Yea, it's disappointing that a former NLC President is ignorant of these issues. Nigerians are used to paying tributes to the death which is understandable.

asfrank:
Thanks for this, most Nigerians are educated but still ignorant, they don't know anything aside blind criticism. I remember telling a group of friends back in January 2023 that fuel was going to increase in price, none payed any attention to the reason I was giving..
My problem with Nigeria is our 36 governors, a good number of them don't have the interest of their state at heart. A few weeks back it was revealed that the federal government has given states N1.4 trillion for the past 15 months or so, to support development projects. This is aside the monthly allocation they get. Which state governor has na excuse for not bringing positive development. Most of them are not doing it, because they know when it comes to the blames, it will rest at the presidents door step

During PDP years, you lots and BAT blamed all the country’s problems on the FG. E reach una turn now, you shift blames on the state governors to hide your BAT’s ineffectiveness and cluelessness.

It’s a shame that you lots duel in high level hypocrisy.

“People tell you the world looks a certain way. Parents tell you how to think. Schools tell you how to think. TV. Religion. And then at a certain point, if you’re lucky, you realize you can make up your own mind. Nobody sets the rules but you. You can design your own life.”— Carrie Ann Moss

But he couldn't resist unfounded Chinese loan abi?
Just wish him RIP and leave his undoing.

bixton:
Theory is different from practicing.
Oil sector effectively decentralized, yet Dangote in one of his statements is spitting words of regrets and even looking for away to sell off his investment.

Is he acting out on what he doesn't know or is he looking for public sympathy from gullible Nigerians?

What is this one saying?! Seems you are left far behind.

restricted you people from stealing the imf funds

Ofunaofu:
https://www.vanguardngr.com/2025/07/buhari-resisted-imf-world-bank-to-protect-poor-wabba-ex-nlc-president-2/

He once asked state governors how they managed to sleep at night knowing that their workers were owed salaries,”
The same Buhari that held ASUU 8 months salary and refused to pay till he left office. That evil act led to the death of many professors and other academics.
What legacy has he left after a wasteful 8 solid years despite all the trust, support and goodwill he enjoyed from poor and average Nigerians?
What legacy?

badoh:
Even if he did not open his mouth waaaaa as you said, was there provision for subsidy after June 2023? So the mere fact that Tinubu informed Nigerians that subsidy is gone is now the offence he committed?

Did u just say mere fact? That mere u mentioned has destroyed a lot of things...Pls don't mention me again

Putindbutt:
I don't know why we have a short memory or selective amnesia in this country. In 2022, Buhari signed the PIB into law, the law became effective. Under the PIB, fuel subsidy is no longer backed by the law, it becomes unlawful. And due to this fact, Buhari did not make provision for fuel subsidy in the 2023 budget, hence, why Tinubu said subsidy is gone. The subsidy at the time was only provided for a six month period which was supposed to expire in June 2023. As a matter of fact, Tinubu still continued with subsidy till the end of 2023 - mid 2024 due to high exchange rate after the naira was floated. Right now, subsidy is effectively over and the oil sector is effectively decentralized boosting investors confidence in the market to invest and maximize profits.

Buhari ended subsidy in 2016 ( when Saudi war on fracking forced oil prices down) and replaced it with NNPC under recovery when oil prices rose. that is why NNPC was the sole body paying for importation of fuel

and why Nigeria was in debt to the eyeballs to nnpc. Buhari could have actually held the line after oil prices came back up and forced a proper end to subsidy . instead he allowed some partners to nnpc to get rich.

Buhari ultimately did not help the poor, he just made more of them, though that did not matter to him because like most Northern leaders has always been surrounded by poverty and has only ideas about alleviation rather than eradication

bixton:
Theory is different from practicing.
Oil sector effectively decentralized, yet Dangote in one of his statements is spitting words of regrets and even looking for a way to sell off his investment.

Is he acting out on what he doesn't know or is he looking for public sympathy from gullible Nigerians?

Words of regrets like what? give examples & stop talking ignorantly.

seunlayi:
These people should do less talking ibegi. Nigerians don't need all these talk talk.

Former President Buhari is of Sterling Qualities:
- hates Corruption,
- Very Patriotic person.
- Love Nigeria As A Country
Although,he failed Leadership Test too( he couldn't appoint leaders for APC,a party that brought him to Power and almost became a bigot in his Appointments)
Unfortunately,the Laws of Nigeria, through the Politicians - Clipped his hands in fighting Corruption out!
And as at Today-Most of his Appotees - Ministers, Governors,Heads of Depts-Looted Nigeria to the Stupor and they all went Away - by Enjoying the Nigerian Resources and Now are gathering as a New Party Under Disguise 🥸!
•For example - the Aviation Ministry,the Poverty -Alleviation Ministry - where the Woman Head Ministry Looted the Humongous Funds and NIGERIANS have become More Poorer!
Can Any of these Politicians - PASS THE 3- TESTS ABOVE?

Sheuns:
During PDP years, you lots and BAT blamed all the country’s problems on the FG. E reach una turn now, you shift blames on the state governors to hide your BAT’s ineffectiveness and cluelessness.

It’s a shame that you lots duel in high level hypocrisy.

Bro Nigeria didn't start with GEJ, rest abeg. I blame the federal government on issues that is exclusively meant for them to tackle. I blame them on security, that's my Major problem with the fg, aside that he is trying above average

Edoreborn:
That subsidy really changed a lot of things..this govt no even reason common people..He just opened mouth waaaaaa,, subsidy is gone..

Of course, was it in the budget beyond June 2023?

Buhari walked away in May 29, 2023 without paying salaries and CBN slammed you with a #30trillion ways and means, and a depleted foreign reserve.

If you were Tinubu what would you do?

Some highly connected people would go to emefiele CBN get naira at #360 to a dollar and drive straight to wuse zone 4 and sell it to mallams at #600 per dollar. Buhari watched his Northern brothers all through 8 years to profit from this practice. We all know this to be an age long issue from IBB era.

If you were Tinubu, would you fold your hand and be watching this arbitrage to continue?

Putindbutt:
Words of regrets like what? give examples & stop talking ignorantly.

Did Dangote not say he asked the FG to buy his investment?

Putindbutt:
Explain to them from now till tomorrow, the negative narratives in their minds is what they will keep repeating. As if they were not in this country when the PIB was passed into law under Buhari and the following budget was also passed without subsidy.

Bro don't stress yourself, do they even know what is going on, do they read , anything Aisha Yeshofo tells them on X is what they echo around, they are not informed.

Ofunaofu:
https://www.vanguardngr.com/2025/07/buhari-resisted-imf-world-bank-to-protect-poor-wabba-ex-nlc-president-2/

He performed in flying colors compared to the disaster in power right now.

seunlayi:
These people should do less talking ibegi. Nigerians don't need all these talk talk.

The removal of subsidy is to help the common man… but unfortunately many people cannot see it. We were subsidising the rich and our neighbours. Just imagine Davido with about 30 cars and a poor man with just one motorcycle… who do you think we are subsidising. Imagine a big boy who can afford 5 bottles of imported Hennessy at 30k per bottle and an average guy maintaining with his chilled bottle of Trophy, who do you think we are subsidising, same for buyers of imported fabric, wigs etc… removing it and channeling the money towards infrastructure for everyone is better for the mercies.

bixton:
Did Dangote not say he asked the FG to buy his investment?

What's this one saying?, how much price did Dangote say wanted to sell it?. Abeg park one side.

Let's ask questions - what was the NLC Contributions, especially Waba to Nigeria-Development,immediately after Senator Oshiomole left the Place but - Fighting,Self Aggrandisement,Lack of Cohesion of a Once - Vibrant Organisation but are now forming political relevance.
•WAS NLC ESTABLISHED FOR POLITICS?
Was it Not to be Neutral 😐?
- LET THE CURRENT LEADERS ANSWER THIS SIMPLE QUESTION ❓, otherwise,NLC will soon go into Oblivion.
Who did this to the NLC?

Angelindisguise:
Oga will you keep quiet!! 🤐

Chochocho with your short memory!

Una go just dey talk anyhow.

Which Buhari protected which poor people? Was it not in Buhari's era that a katsina woman and her children were eating grass?

Igbo celebrate animal that killed Dora's husband make but berate Buhari..

asfrank:
Thanks for this, most Nigerians are educated but still ignorant, they don't know anything aside blind criticism. I remember telling a group of friends back in January 2023 that fuel was going to increase in price, none payed any attention to the reason I was giving..
My problem with Nigeria is our 36 governors, a good number of them don't have the interest of their state at heart. A few weeks back it was revealed that the federal government has given states N1.4 trillion for the past 15 months or so, to support development projects. This is aside the monthly allocation they get. Which state governor has na excuse for not bringing positive development. Most of them are not doing it, because they know when it comes to the blames, it will rest at the presidents door step

Bro, you are very right on this. Should I say that our state governors are not trying on this or do I even blame the federal government through the National Orientation Agency for not singing all these interventions as songs into our people's ears?

Even if they do, our people, resolving already never to see nothing good in what the Federal Government is doing, would still not appreciate anything or channel their criticisms and grievances to the appropriate quarters. I remember somebody on this same nairaland weeks ago claiming that all these monies the Federal Government has given to the States for development are not really for development but bribes and to grease their palms so that they would keep approving him to continue as the president.

Majority of our people are economic illiterates. They will come out in the public blowing grammar and spewing hate rubbish rather than focus on what matters and air their opinion constructively by making cases for things that are yet to be done.

We all should learn to look inwards and ask our governors and local government chairmen questions and let's see if they will still direct us to the Federal Government after we already have the information that they have been paid all these humongous intervention billions.

Yes, he resisted IMF to continue to borrow billions of dollars for subsidy payments which took our estimated debt profile to 77trillion naira. 30 Trillion naira ways and means nko? Which led to hyperinflation?

You tried to protect the poor by borrowing, leaving a huge debt burden for the grandchildren of the same poor people to pay back in the future.

NLC has been a joke since oshiomole left.

seunlayi:
Same people that refused to allow Jonathan remove subsidy. I started using Buhari since that time. You that was one a petroleum minister in late 70s and a former head of state that supposed to know what is happening better.

Why would he removed subsidy when crude oil was being sold for more than $110 per barrel yet we could not see any significant things it was being used for instead it was misappropriated and looted. At the end of the day they resulted to borrowing money to pay salaries Diziane and Dasuki to mention but few corruptly enriched themselves and filters the proceed away.

Buhari will be remembered as a record marraton loan borrower