₦airaland Forum

Sebi we don see person wey sabi the game ...who that person helps las las

AsomughaChuks02:
President Jonathan tried with cash flows but he was a naive politician with little experience in the game.

obonujoker:
With what we are seeing in the country today, mhen, I really commend and appraise Dr. GoodLuck Jonathan. He was a great leader and Man. Honest no be by Gra Gra.

I remember my 1st Salary as a Field maintenance engineer for Telecom based stations in 2012 - 85,000 per amount. Mhen, Life was good.

Looking at the Stats of Nigerian presidents and their regime, you will do nothing but praise Jonathan. All the evil some people did to Jonathan, it has bounced back on their heads, no wonder nothing they do progresses, instead they inflict more pain and pain. See some stats below 👇

1.💵 NIGERIA’S MINIMUM WAGE OVER THE YEARS (IN NAIRA & USD)

🗓 Olusegun Obasanjo Administration (2000)
🇳🇬 ₦5,500 ≈ $64.04
💱 Exchange rate: 1 USD = ₦85.90

🗓 Olusegun Obasanjo Administration (2004, 2nd term)
🇳🇬 ₦7,500 ≈ $57.69
💱 Exchange rate: 1 USD = ₦130

🗓 Goodluck Jonathan Administration (2011)
🇳🇬 ₦18,000 ≈ $119.15
💱 Exchange rate: 1 USD = ₦151.05

🗓 Muhammadu Buhari Administration (2019)
🇳🇬 ₦30,000 ≈ $82.64
💱 Exchange rate: 1 USD = ₦363

🗓 Current Administration
🇳🇬 ₦70,000 ≈ $50.39
💱 Exchange rate: 1 USD = ₦1,389

*See picture below*... Wish we could go back to Jonathan Era

This writer can never pass an exam beyond average when he was in school because his reasoning is not comprehensive. Jonathan was the worse, borrowing money to subsidise and support dollars is a weaked policy. Salaries not paid, no projects, contractors were owed and u are just quoting minimum wages but u didn't talk about how it was not paid and ASUU strikes among other strikes. It's not How far but how well.

nairalanda1:
Buhari inherited an economy that was already failing in quote for several months.

In 2014, March, oil prices started falling. People who had seen the same story before in 1982, began nodding their heads like agama agama. By January 2015, NOI was prophesying that the economy would be bad, regardless of who won.

So, yes GEJ handed over a bad economy to buhari. Na high oil price he dey use to hide the cracks.

The problem with Buhari and tinubu is that instead of using hard times to shine, dem come dey do borrow borrow to maintain what we had when oil prices were high, because the sane decisions they needed to take to pull us out of danger, they no take because they preferred to be in power rather than do the hard decisions to leave Nigeria a good leagacy

All of our leaders are the same.

Good memory bro

Tinubu supposed d pay 150k min wage as it is now going by how Yaradua tried reach

nairalanda1:
Buhari inherited an economy that was already failing in quote for several months.

In 2014, March, oil prices started falling. People who had seen the same story before in 1982, began nodding their heads like agama agama. By January 2015, NOI was prophesying that the economy would be bad, regardless of who won.

So, yes GEJ handed over a bad economy to buhari. Na high oil price he dey use to hide the cracks.

The problem with Buhari and tinubu is that instead of using hard times to shine, dem come dey do borrow borrow to maintain what we had when oil prices were high, because the sane decisions they needed to take to pull us out of danger, they no take because they preferred to be in power rather than do the hard decisions to leave Nigeria a good leagacy

All of our leaders are the same.

....and those who went to Ojota and mobilised the nation against fuel subsidy removal only for them to do the same now that they are in power were actually those who brought this country to its knees.

[quote author=nairalanda1 post=138907819]Buhari inherited an economy that was already failing in quote for several months.

In 2014, March, oil prices started falling. People who had seen the same story before in 1982, began nodding their heads like agama agama. By January 2015, NOI was prophesying that the economy would be bad, regardless of who won.

So, yes GEJ handed over a bad economy to buhari. Na high oil price he dey use to hide the cracks.

The problem with Buhari and tinubu is that instead of using hard times to shine, dem come dey do borrow borrow to maintain what we had when oil prices were high, because the sane decisions they needed to take to pull us out of danger, they no take because they preferred to be in power rather than do the hard decisions to leave Nigeria a good leagacy

All of our leaders are the

Buahri and Tinubu came to steal and get richer than the former PDP leaders. " It's my turn to steal more than anyone"

That's why they keep borrowing and sharing

As if that's not enough, they removed the only thing all Nigerians benefit from and pocket it. That's the subsidy

obonujoker:
With what we are seeing in the country today, mhen, I really commend and appraise Dr. GoodLuck Jonathan. He was a great leader and Man. Honest no be by Gra Gra.

I remember my 1st Salary as a Field maintenance engineer for Telecom based stations in 2012 - 85,000 per amount. Mhen, Life was good.

Looking at the Stats of Nigerian presidents and their regime, you will do nothing but praise Jonathan. All the evil some people did to Jonathan, it has bounced back on their heads, no wonder nothing they do progresses, instead they inflict more pain and pain. See some stats below 👇

1.💵 NIGERIA’S MINIMUM WAGE OVER THE YEARS (IN NAIRA & USD)

🗓 Olusegun Obasanjo Administration (2000)
🇳🇬 ₦5,500 ≈ $64.04
💱 Exchange rate: 1 USD = ₦85.90

🗓 Olusegun Obasanjo Administration (2004, 2nd term)
🇳🇬 ₦7,500 ≈ $57.69
💱 Exchange rate: 1 USD = ₦130

🗓 Goodluck Jonathan Administration (2011)
🇳🇬 ₦18,000 ≈ $119.15
💱 Exchange rate: 1 USD = ₦151.05

🗓 Muhammadu Buhari Administration (2019)
🇳🇬 ₦30,000 ≈ $82.64
💱 Exchange rate: 1 USD = ₦363

🗓 Current Administration
🇳🇬 ₦70,000 ≈ $50.39
💱 Exchange rate: 1 USD = ₦1,389

*See picture below*... Wish we could go back to Jonathan Era

What did he do, exactly?
Mention the things he did that caused this result

Obasanjo and Bola hmm

Everything was so good during Jonathan's tenure, life was very good then. foodstuffs were very cheap, dollar to naira was low.

The only bad thing was insecurity but compare to now, things weren't that bad.

The day APC took over this country that was the day Nigeria started sinking.

obonujoker:
With what we are seeing in the country today, mhen, I really commend and appraise Dr. GoodLuck Jonathan. He was a great leader and Man. Honest no be by Gra Gra.

I remember my 1st Salary as a Field maintenance engineer for Telecom based stations in 2012 - 85,000 per amount. Mhen, Life was good.

Looking at the Stats of Nigerian presidents and their regime, you will do nothing but praise Jonathan. All the evil some people did to Jonathan, it has bounced back on their heads, no wonder nothing they do progresses, instead they inflict more pain and pain. See some stats below 👇

1.💵 NIGERIA’S MINIMUM WAGE OVER THE YEARS (IN NAIRA & USD)

🗓 Olusegun Obasanjo Administration (2000)
🇳🇬 ₦5,500 ≈ $64.04
💱 Exchange rate: 1 USD = ₦85.90

🗓 Olusegun Obasanjo Administration (2004, 2nd term)
🇳🇬 ₦7,500 ≈ $57.69
💱 Exchange rate: 1 USD = ₦130

🗓 Goodluck Jonathan Administration (2011)
🇳🇬 ₦18,000 ≈ $119.15
💱 Exchange rate: 1 USD = ₦151.05

🗓 Muhammadu Buhari Administration (2019)
🇳🇬 ₦30,000 ≈ $82.64
💱 Exchange rate: 1 USD = ₦363

🗓 Current Administration
🇳🇬 ₦70,000 ≈ $50.39
💱 Exchange rate: 1 USD = ₦1,389

*See picture below*... Wish we could go back to Jonathan Era

by the time he finishes we go learn

Hungrychicken:
Did Buhari inherit a bad economy from Jonathan?

Yes.
Nigeria was borrowing money to pay workers as from 2014 up till when Buhari came in 2015 because the price of oil just came down to $78 globally,the GEJ(I respect him as a father and gentleman) became more clueless than what it was before that.
Even with all the humongous revenue from oil that made the economy seemed to be stable,there were no infrastructures,no Nelfund,no free technical colleges,ASUUstrikes were rampant,workers were being owed etc because they have embezzled all the money.

donmik:
..

Subsidy had to go because the cost to our economy was excessive

Buhari was literally borrowing and printing money to pay for subsides. Because oil revenues had been low since 2014 due to falling oil prices and falling production. That led to the situation in August 2022 where debt servicing was eating 97% of revenue

Had subsidy not been removed in 2023, by now things would have been ten times worse than they are now.

There are good reasons why the subsidy had to go. It was seen since 1993.

Sundaymessi:
....and those who went to Ojota and mobilised the nation against fuel subsidy removal only for them to do the same now that they are in power were actually those who brought this country to its knees.

Nigeria was brought to its knees by the decisions made in 1960 to make our economy resource dependant.

Nigeria has never been good.

Doesn't excuse APC. Simple and short. But Nigeria's problems didn't begin in 2015

43Ronin:
Please can you keep your lies in your anus? Buhari inherited an economy that was the largest in Africa

Even now they say the same thing that our economy is the largest in Africa and we are potentially going to be the world leader. And I just laugh knowing what is happening now under Tinubu. Same story under GEJ.

For our economy to the truly good we got to be an industrial nation. Not a nation dependent on oil prices.

If GEJ had won in 2015, by now you guys would be saying that he took Nigeria from being number one to no 20.

The signs of failure were there. Borrowing to pay salaries and subsidies on fuel not being enough to sustain low oil prices

We were here before.

crossbreedwears:
I am sure half of our population would prefer to go back to GEJ's administration.

I am sure 90% of our population would love to go back to the 1970s when one naira was one dollar and bread cost 50kobo

In fact we could have been on our way to a much better economy than under GEJ right now if APC in 2015 started the process of diversified economy, industrialisation and subsidy removal on power and petrol back then.

That they didn't is why they are useless

GEJ economy was based on high oil prices and the fact that our debt being forgiven in 2006 meant that most of the oil revenue could be poured into subsidies. Until the high price of oil drove subsidy costs to levels that were economically unstable

Also the good times under GEJ stifled domestic industries. High oil prices means more forex to use in importing which means problems down the road. Industries close down and unemployment increases.

And when the oil prices crash borrowing commences to keep up appearances. Already happening under GEJ as at September 2014.

GravityDefier:
If you want support Tinubu, no follow corner corner - Governor SIM card Fubara. Why playing hide and seek? No one is beating you.

Sorry, Tinubu is not worthy of my support for many reasons

corruption

no plan to indstrialise Nigeria

no plan to even diversify our economy from oil

No plan to end subsides on power which is a large part of the reason why our electric sector is in crisis

More white elephant projects

Like your GEJ. Tinubu is GEJ without the oil money.

All.of our leaders are useless.

LordBiden:
No Jonathan only inherited a great economy from umaru yar adua

Show me.thw specific economic magic that yaradua did.

nairalanda1:
I am sure 90% of our population would love to go back to the 1970s when one naira was one dollar and bread cost 50kobo

In fact we could have been on our way to a much better economy than under GEJ right now if APC in 2015 started the process of diversified economy, industrialisation and subsidy removal on power and petrol back then.

That they didn't is why they are useless

GEJ economy was based on high oil prices and the fact that our debt being forgiven in 2006 meant that most of the oil revenue could be poured into subsidies. Until the high price of oil drove subsidy costs to levels that were economically unstable

Also the good times under GEJ stifled domestic industries. High oil prices means more forex to use in importing which means problems down the road. Industries close down and unemployment increases.

And when the oil prices crash borrowing commences to keep up appearances. Already happening under GEJ as at September 2014.

I understand all you're saying. But why is it that when the supposed high price of fuel falls only the masses bear the brunt while the leaders continue to live at their usual elite level? And you have never ever given us any reason why this should be case.

Kukutente23:
It's obvious that most of you guys knew nothing when Jonathan was in govt. You all just joined the mob to condemn him not that you had any idea what was going on
Jonathan throughout his tenure never had any so called fx subsidy. Naira was on a float throughout his tenure

The same Gej that almost "finished" our fx reserve despite crude oil selling at an average of 120 usd per barrel for a greater part of his tenure.

Sorry....I am not an illiterate and I don't follow the mobs

Alliswell248:
The same Gej that almost "finished" our fx reserve despite crude oil selling at an average of 120 usd per barrel for a greater part of his tenure.

Sorry....I am not an illiterate and I don't follow the mobs

Sorry you are
Fx was not fixed under Jonathan. It was Buhari who fixed fx. If you have any evidence that Jonathan fixed fx apart from the reserves falling which is not an evidence of fx fixing, being it forward else you're a part of a zombified mob

nairalanda1:
So, that means that GEJ had bad government?

Remember the same grid collapses under Timunubu...happened under GEJ, promax.

The reason why the power supply does not work is because GEJ signed a privatizaiton law that prevented them from setting their prices. See the result. (Buhari and tinubu maintained the law).

Also, the man failed to fight corruption, and also refused to commot subsidy totally, because he wanted to get elected. Same reasoning tinubu is using now to refuse to remove electricity subsidy.

The day you realize all our leaders from independence to date are the same in that government revenue comes from whatever raw mateiral we sell, not taxes and what we produce by industries for export, is the day you go stop saying God bless GEJ.

I no dey like APC. Everything your GEJ does, APC dey do am. GEJ in turn just repeated the same mistakes all the predecessors made.

You guys, be it APC, PDP, ADC , always settle for less. You deserve better.

Oga, the worst of PDP regime is far better than the BEST of this current regime(APC).

That's the bitter truth you guys find it hard to accept.

-kiss the truth-

bal4real:
Oga, the worst of PDP regime is far better than the BEST of this current regime(APC).

That's the bitter truth you guys find it hard to accept.

-kiss the truth-

It's not a matter of who was relatively better ...pdp was,...but a matter of whether they were objectively good for the country, and for that gej, tinubu and all our other leaders were bad.

Dutch disease.

AutoTechDoyz:
I understand all you're saying. But why is it that when the supposed high price of fuel falls only the masses bear the brunt while the leaders continue to live at their usual elite level? And you have never ever given us any reason why this should be case.

Well, I guess you should organise a revolution and change things then, and I am not being sarcastic.

phemray:
This writer can never pass an exam beyond average when he was in school because his reasoning is not comprehensive. Jonathan was the worse, borrowing money to subsidise and support dollars is a weaked policy. Salaries not paid, no projects, contractors were owed and u are just quoting minimum wages but u didn't talk about how it was not paid and ASUU strikes among other strikes. It's not How far but how well.

did Jonathan borrow more than tinunu and yet tinunu is not subsidizing petrol.

nairalanda1:
Well, I guess you should organise a revolution and change things then, and I am not being sarcastic.

I thought as much. You dare not analyse how the profligacy of your masters led us here.

We

Kukutente23:
Sorry you are
Fx was not fixed under Jonathan. It was Buhari who fixed fx. If you have any evidence that Jonathan fixed fx apart from the reserves falling which is not an evidence of fx fixing, being it forward else you're a part of a zombified mob

Point out above where I said fx was fixed. Gej almost "finished" our fx . He was a failure. At a point, his government was borrowing to pay salaries.

I'm done with you since you don't want to learn

Alliswell248:
We

Point out above where I said fx was fixed. Gej almost "finished" our fx . He was a failure. At a point, his government was borrowing to pay salaries.

I'm done with you since you don't want to learn

It's obvious you were just using terms you don't understand
Subsidy on fx simply means fx is fixed below its market rate
Which govt has not borrowed to pay salaries since GEJ. If that's the definition of failure then you're standing on a failed mandate just as you said baba on failure

AutoTechDoyz:
I thought as much. You dare not analyse how the profligacy of your masters led us here.

Well, I have, and I have told you guys what is wrong.

But since both sides here, you included, are only interested in campaigning for your masters, not for realistic solutions...

AsomughaChuks02:
President Jonathan tried with cash flows but he was a naive politician with little experience in the game.

Chairman, it is not better not to be naive n we Nigerians enjoy the economy, than to be naive n be suffering

obonujoker:
Yes, started as a contract staff through Philips consulting, at entry level.

Never really knew what contract staff was then though 😀😀... Na make we don see work be the Koko

True talk my brother may God bless our hurtles.
Philip Consulting UBA House 4th floor, I used to work on the 13th floor then before moving to telecom industry too in 2011.

[quote author=AsomughaChuks02 post=138907058]President Jonathan tried with cash flows but he was a naive politician with little experience in the game.


Game!!!?.
Really!!!?

This is the problem with Nigeria!!

You want people who play games with your live instead of REAL LEADERSHIP abi?😰🤮

Morons!!😤😡