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Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats - Politics (6) - Nairaland

Nairaland ForumNairaland GeneralPoliticsSoludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats (40344 Views)

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Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by Tymax(m): 10:44pm On Feb 01, 2015
Interesting. So I read the entire article and I must say that it is hard to argue against the facts presented by Soludo. Madam Minister is known for abracadabra economics. Her figures do not reflect the lives of Nigerians.

I expect another poor attempt by her to rubbish Soludo.

I am confident that she won't take him up on that debate.
Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by wirinet(m): 10:44pm On Feb 01, 2015
RayCharles:
You are wrong. The biggest dam in the world (Yangtze Three Gorges Project) China cost almost the same amount stolen and it generate 22,500MW Purpose status: Power, flood control, navigation Operational. Imagine what dis dam will do for the economy
Forget it, we do not have the technical, managerial and logistical (not to talk of financial) capacity to undertake and subsequently maintain such a massive projeect. All our mega projects have failed ie Ajaokuta, the 4 refineries, even kainji is badly maintained.
Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by duni04(m): 10:47pm On Feb 01, 2015
[quote author=acidtalk post=30342183][/quote]I was expecting a reasonable or enlightened reply from you, but what was I thinking? You're not capable of such cos you're a dunce. Îdiot is spewing thrash all over the thread, making beer parlour forecasts and predictions and people are actually taking him serious. Banks will retrench because Jonathan's government is plunging us in debt? Very stupîd argument!
Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by won91(m): 10:48pm On Feb 01, 2015
Thanks @acidtalk. just wish a lot Nigerians would not be blinded by sentiment and see beyond their noses. What we are seeing now is just a tip of the iceberg and the government trying to manage the true financial situation of the economy. The CBN dont have a clue as to how to resolve the issue at hand. Nigeria is broke, ask the CBN. My people gear up because the Naira will be devalued again. #save what you can now and limit your expenditure. The heat is here.
Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by dandoki: 10:49pm On Feb 01, 2015
Ngozi-Wahala indeed!
Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by sunkoye: 10:50pm On Feb 01, 2015
dre11:
His CV is just intimidating


Am sure this what NOI is jealous about that she has to attack him and not his message


But, where did NOI got it wrong........
This is a woman that was the vice President of world bank sometime ago......





See how GEJ messed her up
the moment u have to choose btw money and integrity. NOI choose Benjamin. cheesy
Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by acidtalk: 10:51pm On Feb 01, 2015
duni04:
I was expecting a reasonable or enlightened reply from you, but what was I thinking? You're not capable of such cos I am a dunce.i am an Îdiot who is spewing thrash all over the thread, making beer parlour forecasts and predictions and people are actually taking him serious. Banks will retrench because Jonathan's government is plunging us in debt? Very stupîd argument!
Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by Nobody: 10:52pm On Feb 01, 2015
The king (or is the queen?) is nake.d. grin grin grin

Suddenly, Okonjo Iweala doesn't look like a financial guru any more.
Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by Abagworo(m): 10:54pm On Feb 01, 2015
hedonistic:
Soludo is a disgusting, two-faced idiot. Most of the so-called achievements he reeled out and credited to the OBJ administration (including the debt repayment) were recorded under this same woman he is accusing of incompetence today. Was NOI not the Minister of Finance and the head of the economic team under OBJ? Apart from deliberately refusing to credit her for the achievements during that time, what has changed in the woman between then and now?
What has changed is that Obasanjo has been replaced by Jonathan. This goes to prove the point we Buhari supporters have been trying to make.
Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by FreeGlobe(f): 10:54pm On Feb 01, 2015
barcanista:
Okonjo Iwaela is an overrated economist. All her economic policies makes me to question the kind of training that she received in Havard. I wonder whether her Phd was really earned or it is just another Chieftancy title (Like her Oga). She's a flop, though Soludo also flopped as CBN boss. I can't wait to see her return to World Bank, she will not be missed!!! Good riddance..
you are a big fool. Whether you like it or yes, both Soludo and Okonjo Iweala are renowned world class economist who have come to rescue this thing you called your country. Without those, the Nigerian economy will be competing with only Zimbabwe. Just go to your mud house now in south west and thank God for those 2 while seeking forgiveness.
Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by kmariko: 10:54pm On Feb 01, 2015
To the economic cynics on nairaland can you guys tell us when is Nigerian economy not in doldrum. We have never had it good, it is only since the advent of our current political dispensation that we are gradually taking the necessary structural steps to initiate, introduce, correct some of the impediments in the economy.
Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by duni04(m): 10:55pm On Feb 01, 2015
[quote author=acidtalk post=30342457][/quote]The more you edit and quote my posts, the more I insult u. I dare u to post another stupîd forecast or prediction and I'll make sure I take you to cleaners this night. Stupîd charlatan parading as an expert. Îdiot!
Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by FreeGlobe(f): 10:57pm On Feb 01, 2015
NgeneUkwenu:
As an economist myself, I cannot agree more with prof on the above assertion! Ngozi is a huge disgrace to the intelligent economy managers around the world!
you economist? lwkm. That you studied economics in Nigerian university does not make you an economist, not enough to pick the shoes of Ngozi.
Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by acidtalk: 10:57pm On Feb 01, 2015
duni04:
The more you edit and quote my posts, the more I insult u. I dare u to post another stupîd forecast or prediction and I'll make sure I take you to cleaners this night. Stupîd charlatan parading as an expert. i will forever remain an Îdiot!
Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by johnnyblakes(m): 10:57pm On Feb 01, 2015
[quote author=Titilayodeji13 post=30335326][/quote]hw can u say she performed poorly when nigeria's economy is the third best in the world in times of economic growth.dis man is really broke,now I see
Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by Nobody: 10:58pm On Feb 01, 2015
acidtalk:
YOU ALL WANT TO KNOW WHY NIGERIA WILL NEVER ACHIEVE A STEADY POWER SUPPLY EVEN IF WE EMPTY ON TREASURY ON THE POWER SECTOR?


THIS IS WHAT THEY DONT WANT YOU ALL TO KNOW: ONCE THERE'S STEADY POWER, THE LIKES IFEANY UBA, FEMI OTEDOLA, MIKE ADENUGA, ALIKO DANGOTE, JIMOH IBRAHIM, ABC OJIAKWO AND OTHER MONEY BIGWIGS IN NIGERIA WILL HAVE THEIR SOURCE OF WEALTH REDUCED.

YOU BUY A GENERATOR ONCE IN FOUR YEARS BUT SPEND THOUSANDS OF NAIRA RUNNING IT EVERY SINGLE DAY.


ONLY A MAN WHO ISN'T CORRUPT BY TAKING BRIBE FROM THESE MONEY BAGS CAN SOLVE NIGERIANS EPILEPTIC POWER SITUATION.

THINK MY PEOPLE! THINK!!
which is why the price of diesel - a completely deregulated product has failed to come down even as oil is dropping to $45 a barrel
Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by LRNZH(m): 10:59pm On Feb 01, 2015
FreeGlobe:
you economist? lwkm. That you studied economics in Nigerian university does not make you an economist, not enough to pick the shoes of Ngozi.
Tell that to Sanusi (ABU) and Soludo (UNN) who will lecture NOI (Havard/MIT) anyday on developmental economics. That's why you are a sheep in the PDP fold
Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by Nobody: 11:01pm On Feb 01, 2015
FreeGlobe:
you economist? lwkm. That you studied economics in Nigerian university does not make you an economist, not enough to pick the shoes of Ngozi.
Well, the economy has collapsed under our Harvard/MIT-trained guru. And our own, Nsukka-trained professor is giving madam lashes here and there.
Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by Boss13: 11:02pm On Feb 01, 2015
kmariko:
To the economic cynics on nairaland can you guys tell us when is Nigerian economy not in doldrum. We have never had it good, it is only since the advent of our current political dispensation that we are gradually taking the necessary structural steps to initiate, introduce, correct some of the impediments in the economy.
Brilliant. We have always been in recession. Just that at some points we were at an upward recession spiral, now we seem to be going downward rather than approaching or closing the gaps to the boom spiral
Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by acidtalk: 11:04pm On Feb 01, 2015
oyb:
which is why the price of diesel - a completely deregulated product has failed to come down even as oil is dropping to $45 a barrel
Exactly!!! But they know my people will keep suffering and smiling.

It is only in Nigeria you will see a man driving Predo but stylishly obtaining his friends N3,000 to buy fuel.
Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by Boss13: 11:05pm On Feb 01, 2015
acidtalk:
Exactly!!! But they know my people will keep suffering and smiling.

It is only in Nigeria you will see a man driving Predo but stylishly obtaining his friends N3,000 to buy fuel.
No I have witness this outside the country too
Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by sunkoye: 11:07pm On Feb 01, 2015
byrron:
Most Nigerians are sill.y and Nigerian politicians are aware of this fact.
bros...that is very true. .. we are not bright at all. So sad.
Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by FreeGlobe(f): 11:08pm On Feb 01, 2015
Liegeria:
Well, the economy has collapsed under our Harvard/MIT-trained guru. And our own, Nsukka-trained professor is giving madam lashes here and there.
Economy didn't collapse, oil price collapsed. No magic can be done about that. Soludo wouldn't have done better in the same scenario, infact he may even do worse. Anyone could point fingers from outside. Ngozi is the pillar holding Nigeria today!

Ditto LRNZH
Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by acidtalk: 11:08pm On Feb 01, 2015
LRNZH:
Tell that to Sanusi (ABU) and Soludo (UNN) who will lecture NOI (Havard/MIT) anyday on developmental economics. That's why you are a sheep in the PDP fold
IT IS NEVER BY WHAT SCHOOL YOU WENT TO.

Look around, most 3rd class and dropouts are the ones who employ the 2:1 and 1st class graduate.

It is about experience and of course, STREET WISE. Ngozi was once smart. Corruption and love for authority has DRAINED her brain.
Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by NgeneUkwenu(f): 11:09pm On Feb 01, 2015
FreeGlobe:
you economist? lwkm. That you studied economics in Nigerian university does not make you an economist, not enough to pick the shoes of Ngozi.
have you fallen out with Soludo??
Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by MAYOWAAK: 11:11pm On Feb 01, 2015
I don talk am before. By the time Uncle Chukwuma finishes with Aunty Ngozi, the resume on which Aunty Ngozi's resume is written will be worth less than Gen. Buhari's results released by Katsina Provincial College. In fact, she wouldn't be considered qualified to manage LAGBUS co-operative society.
Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by Nobody: 11:14pm On Feb 01, 2015
FreeGlobe:
Economy didn't collapse, oil price collapsed. No magic can be done about that. Soludo wouldn't have done better in the same scenario, infact he may even do worse. Anyone could point fingers from outside. Ngozi is the pillar holding Nigeria today!

Ditto LRNZH
So with all we have been saying you still do not get it. You say economy did not collapse, oil price collapsed right? So what drives your economy is it not oil? Soludo already outlined why what is happening now wouldnt have happened under his watch and Obasanjo has concurred that. Soludo as CBN governor had a culture of saving and was trusted by all but under NOI and GEJ its a culture of spending and lack of trust hence money is shared as soon as it comes in.

If we had a culture of saving under NOI then for at least 6 months we would have been able to cushion the effect of the drop in oil price hence saving Nigerias economy for a time.
Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by LRNZH(m): 11:17pm On Feb 01, 2015
acidtalk:
IT IS NEVER BY WHAT SCHOOL YOU WENT TO.

Look around, most 3rd class and dropouts are the ones who employ the 2:1 and 1st class graduate.

It is about experience and of course, STREET WISE. Ngozi was once smart. Corruption and love for authority has DRAINED her brain.
It is worse than that. Havard Business School graduates are not very analytically trained. The emphasis of their curriculum is on networking and building relationships. Compare to Wharton Business School or LSE who are financial experts to the core.

Anyway all these abroad trained do not get developmental economics and that's what Nigeria badly needs.
Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by semitunde: 11:18pm On Feb 01, 2015
asha80:
I think I know the one...the bank never concerened itself with opening account with 'chicken change' but now it is chasing people to open account with chicken change like mad.
Zenith bank? I have a current account there o! They've been calling me to come and collect my ATM, something they never did since I opened the account.

If they have issues, make I go commot my money sharp sharp. Just hope GTB isn't in the same ish.

About the economy, the fact that this is an election year will make things even worse. This year's budget will not come early because of the political period we are in. And the new government will be busy "forming the new govt". Before they select they people they know into positions, the year would be gone and with most institutions, especially banks, depending on such budgets pronouncements to.make decisions; the economy will suffer and even greater recession than envisaged.

But "when others say there is a casting down, we shall.say there is a lifting up!"
Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by duni04(m): 11:18pm On Feb 01, 2015
FreeGlobe:
Economy didn't collapse, oil price collapsed. No magic can be done about that. Soludo wouldn't have done better in the same scenario, infact he may even do worse. Anyone could point fingers from outside. Ngozi is the pillar holding Nigeria today!

Ditto LRNZH
True but there was little accountability leading up to the start of the decline in oil price,and even now. The missing 20 billion dollars would have been used to defend the naira better and reduce its slide against the dollar. There's a reason Soludo kept harping on the fact that Ngozi is coordinating minister. The buck stops on her desk. If the beurocrats in Abuja weren't listening to her counsel, she should have resigned instead of allowing a charlatan like soludo destroy her credibility.
Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by FreeGlobe(f): 11:19pm On Feb 01, 2015
NgeneUkwenu:
have you fallen out with Soludo??
No, this from Soludo is below the belt, on a fellow nwa afo. Although the response by Ngozi's media aide is irresponsible, Soludo shouldn't have taking it this far on an Ada igbo cheesy
Re: Soludo Replies Okonjo-Iweala, Accuses Her Of Forging National Economics Stats by cjrane: 11:20pm On Feb 01, 2015
[size=13pt]So, Soludo was there and she was "forging", yet he didn't say anything.

Suddenly he now "remembers" her forging because she called his policies disastrous?

Soludo has lost all my respect.
[/size] cry cry cry
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