₦airaland Forum

DeLaRue:
What a joke.

There has not been a time in the last 20 years that the Nigerian economy has relied less on oil than now.

Our non-oil exports has reached record high, and the contribution of oil & gas to the external reserve has been less than 90% for several months. These days the naira doesn't even react to fall in crue oil price like in the past.

Why? Because under this government non-oil exports, including cocoa, fertiliser, Dangote refinery exports etc have exploded.

Since the President has not shown them any favouritism as they thought they would get under a Muslim Muslim ticket, they are suddenly economic critics. They think they can put the President under pressure.

But the President is not for turning. Christian o, Muslim o, traditional religion adherents o, the President treats everyone equally.

Racoon:
Hehehe! First class accountancy graduate doing voodoo economics.

Salewa97:
Toh

We are still waiting for the alternative solutions from the critics

PigTormentor:
You must have collected your own Malta and Gala to be wailing on NL. Pls get a real job.

Nairalandankra:
warns that without deliberate reforms and morally grounded leadership, sustainable development will remain elusive in Nigeria.

_ "Tinubu’s heavy reliance on oil and gas, which accounts for up to 90 per cent of foreign exchange earnings and about half of government revenue, has exposed the economy to volatility.
Gathering of terrorist


https://thenationonlineng.net/nigerians-resilience-weakened-by-poor-governance-oil-dependence-says-muswen-president/

Mattswaggz:
Finish and go and collect the meagre 30k. .

gaskiyamagana:
Na lie oil still remains major revenue source of income for Nigeria. Other sources talked are strangulating the mases.

seunowa:
No one is arguing with you that oil and gas is not the major source of Nigeria's revenue. But the question is for the past sixteen years which government have had revenue accruing from non- oil sector dis high except dis government? Don't allow hatred and all kinds of negatives becloud your sense of judgement.

seunowa:
Yes, you resort to names calling when you are confronted with facts. Which governments since 1999 have had revenue from non- oil sector accruing dis high? Rational Nigerians are not swayed by your negative narratives against the government...

seunowa:
Mumu man, hatred is imparting negatively on your rationality. The journey of a thousands miles begins with a step. Tinubu has taken an audacious step and the impact is being felt is Nigeria's economic variables. Next year can only be better if these reforms are sustained.

DeLaRue:
What a joke.

There has not been a time in the last 20 years that the Nigerian economy has relied less on oil than now.

Our non-oil exports has reached record high, and the contribution of oil & gas to the external reserve has been less than 90% for several months. These days the naira doesn't even react to fall in crue oil price like in the past.

Why? Because under this government non-oil exports, including cocoa, fertiliser, Dangote refinery exports etc have exploded.

Since the President has not shown them any favouritism as they thought they would get under a Muslim Muslim ticket, they are suddenly economic critics. They think they can put the President under pressure.

But the President is not for turning. Christian o, Muslim o, traditional religion adherents o, the President treats everyone equally.