Nigeria Is Not A Rich Country - Buhari (Vanguard) - Politics (4)

Nigeria Is Not A Rich Country - Buhari (Vanguard) - Politics (4) - Nairaland

Nairaland Forum › Nairaland General › Politics › Nigeria Is Not A Rich Country - Buhari (Vanguard) (24250 Views)

Re: Nigeria Is Not A Rich Country - Buhari (Vanguard) by shaddoww: 12:02pm On Aug 11, 2015

darlenese:
Wetin u sabi

nothing but he is d president and the choice of millions, if u sabi pass am, am sure a local government election will b conducted in ur place soon, please try contest first...

Re: Nigeria Is Not A Rich Country - Buhari (Vanguard) by Kennitrust(m): 12:03pm On Aug 11, 2015

BabyDaddy20:
Who is deceiving who ??
If you have been to the Nigerian oil wells in Port Harcourt you will know Nigeria is forking rich.
When they wanna sell oil to other countries, they will open a tap & in less than 15 minutes the transaction is complete, the total amount of oil sold to Italy & other buyer countries will amount to 100 trillion naira.
Where are all the money going to ??
Our oil can't finish till Jesus comes.
Why can't the CBN print as many cash the country needs ??
I do cry everyday for my dear beloved country though i don't plan on returning soon unless things are fixed.

na where u dey, bros? I beg tell me how far for dat area ooo

Re: Nigeria Is Not A Rich Country - Buhari (Vanguard) by KelvinC1(m): 12:06pm On Aug 11, 2015

OKDnigeria:
www.vanguardngr.com/2015/08/nigeria-not-a-rich-country-buhari/

Nigeria must not be rich
before I strive to be RICH..
To be candid buharilistic, HE LIED..

Re: Nigeria Is Not A Rich Country - Buhari (Vanguard) by macof(m): 12:08pm On Aug 11, 2015

We all know that Nigeria is a failed state ..when will all this people face the truth and reality? And do our people the favour of disintegration

Re: Nigeria Is Not A Rich Country - Buhari (Vanguard) by muri4mig(m): 12:09pm On Aug 11, 2015

BabyDaddy20:
Who is deceiving who ??
If you have been to the Nigerian oil wells in Port Harcourt you will know Nigeria is forking rich.
When they wanna sell oil to other countries, they will open a tap & in less than 15 minutes the transaction is complete, the total amount of oil sold to Italy & other buyer countries will amount to 100 trillion naira.
Where are all the money going to ??
Our oil can't finish till Jesus comes.
Why can't the CBN print as many cash the country needs ??
I do cry everyday for my dear beloved country though i don't plan on returning soon unless things are fixed.

which village did u come from: hhaan! For you to suggest that CBN should print more currency so that it can go round shows the kind of secondary school teacher you have for elementary economic class. Don't say what u don't know. With PMB, Nigeria is in safe hand. The tight macro economic policy of the PMB will mop up the excess money in circulation and drain out the bad money in circulation. In the short run, d poor and the rich will suffer while in the long run, the poor of the poor will benefit more.

Re: Nigeria Is Not A Rich Country - Buhari (Vanguard) by Lukay99: 12:10pm On Aug 11, 2015

Sijo01:
Oga presido, you're wrong on this one. Nigeria is a rich country who's been/being robbed by her political elites.

Let me ask you this question let say you have a billion dollars and let's say a Nigerian politician stoke all your money to point that you are now in debt my question to you is are still a rich man?

Re: Nigeria Is Not A Rich Country - Buhari (Vanguard) by darlenese(f): 12:12pm On Aug 11, 2015

shaddoww:
nothing but he is d president and the choice of millions, if u sabi pass am, am sure a local government election will b conducted in ur place soon, please try contest first...

Who be this one huh

Pls I'm exercising my fundamental human right , don't infringe on it pleasssssseeeeee angry

Re: Nigeria Is Not A Rich Country - Buhari (Vanguard) by Nobody: 12:17pm On Aug 11, 2015

naijainfogalery:
I dont understand whats wrong with Africa especially Nigeria , we have everything it takes to be the richest in the world yet we are broke

We have the highest number of natural resources
We have oil
We have strong agile youths workforce
We have good soil for farming
We have plenty rivers, sea and ocean
We have diverse cultures and tradition
We have brains
We have intelligent people

Yet we cant use common sense to develop our nation - Switzerland doesnt have a single natural resources yet they are one of the richest in the world.
We keep blaming our government for our woes but the problem isnt solely our government WE ARE ALL THE PROBLEM OF THIS COUNTRY
How?
- You cheat during exams
- You disobey traffic laws
- You cant help your fellow country man
- You pay/collect/encourage bribery
- You cant beat your chest and say you are not corrupt
- You have benefited from corruption
- You know the right thing to do but will never do it
- You are too tribalistic, you will rather watch the nation burn than see another tribe rule
- You are greedy , you want all the money to yourself alone

intelligent!!! Lol. but not enough to know that you have oil till the multi nationals came.

Our greatest problem in Nigeria is the People including the Leaders.

go and google history of multinational companies most of them are older than Almagamation of Nigeria. people create wealth not steal it

Re: Nigeria Is Not A Rich Country - Buhari (Vanguard) by homosapien(m): 12:19pm On Aug 11, 2015

powerfulsettingz:
but west Germany is rich abi? Gullible Nigerians will still believe this crab, a country where their law makers earn more than Obama, a country where 70% of the owners of mansions in the world most expensive estate is owned by her citizen, a country where 60% of her pastors are on the world richest top list yet Nigerian is not rich, or some fools meek the nation dry?
God will make u all responsible for this, pay with ur health and that of ur families IJN
I won't curse you oooooooo

All those things you mentioned up there doesn't make Nigeria a rich country rather it portray how selfish, and unpatriotic and primitive our leaders are, which includes religious and political leaders. my dear even before buhari said this, I know Nigeria is a poor country

Re: Nigeria Is Not A Rich Country - Buhari (Vanguard) by delors(m): 12:22pm On Aug 11, 2015

GodMode:
^^^^More PAID e-WARRIORS....

^^^^
Another unemployed e-MUMU

Re: Nigeria Is Not A Rich Country - Buhari (Vanguard) by omojeesu(m): 12:23pm On Aug 11, 2015

May be. But obviously corruption is our Achillies heel!

Re: Nigeria Is Not A Rich Country - Buhari (Vanguard) by nwadiuko1(m): 12:24pm On Aug 11, 2015

BabyDaddy20:
Who is deceiving who ??
If you have been to the Nigerian oil wells in Port Harcourt you will know Nigeria is forking rich.
When they wanna sell oil to other countries, they will open a tap & in less than 15 minutes the transaction is complete, the total amount of oil sold to Italy & other buyer countries will amount to 100 trillion naira.
Where are all the money going to ??
Our oil can't finish till Jesus comes.
Why can't the CBN print as many cash the country needs ??
I do cry everyday for my dear beloved country though i don't plan on returning soon unless things are fixed.

bro the cbn doesn't work that way..........

Re: Nigeria Is Not A Rich Country - Buhari (Vanguard) by Nobody: 12:28pm On Aug 11, 2015

naijainfogalery:
I dont understand whats wrong with Africa especially Nigeria , we have everything it takes to be the richest in the world yet we are broke

We have the highest number of natural resources
We have oil
We have strong agile youths workforce
We have good soil for farming
We have plenty rivers, sea and ocean
We have diverse cultures and tradition
We have brains
We have intelligent people

Yet we cant use common sense to develop our nation - Switzerland doesnt have a single natural resources yet they are one of the richest in the world.
We keep blaming our government for our woes but the problem isnt solely our government WE ARE ALL THE PROBLEM OF THIS COUNTRY
How?
- You cheat during exams
- You disobey traffic laws
- You cant help your fellow country man
- You pay/collect/encourage bribery
- You cant beat your chest and say you are not corrupt
- You have benefited from corruption
- You know the right thing to do but will never do it
- You are too tribalistic, you will rather watch the nation burn than see another tribe rule
- You are greedy , you want all the money to yourself alone

1 Like

Re: Nigeria Is Not A Rich Country - Buhari (Vanguard) by 989900: 12:31pm On Aug 11, 2015

South Africa, Turkey, California, Illinois, New Jersey, Algeria all have annual budgets multiple times that of Nigeria.

These are states and countries with far less population.

We could do better if . . .

Re: Nigeria Is Not A Rich Country - Buhari (Vanguard) by mcgaius: 12:37pm On Aug 11, 2015

PMB now begging for Nigerian elites to assist in the country development.Wonders shall not end.Is he talking about the same elites he bounced out of his dinner party only for his God Obama to receive them in Kenya. This guy is senile

1 Like

Re: Nigeria Is Not A Rich Country - Buhari (Vanguard) by happney65: 12:44pm On Aug 11, 2015

powerfulsettingz:
but west Germany is rich abi? Gullible Nigerians will still believe this crab, a country where their law makers earn more than Obama, a country where 70% of the owners of mansions in the world most expensive estate is owned by her citizen, a country where 60% of her pastors are on the world richest top list yet Nigerian is not rich, or some fools meek the nation dry?
God will make u all responsible for this, pay with ur health and that of ur families IJN

Bros he don do..You don already curse them..
I won't curse you oooooooo

Re: Nigeria Is Not A Rich Country - Buhari (Vanguard) by Nobody: 12:48pm On Aug 11, 2015

BabyDaddy20:
Who is deceiving who ??
If you have been to the Nigerian oil wells in Port Harcourt you will know Nigeria is forking rich.
When they wanna sell oil to other countries, they will open a tap & in less than 15 minutes the transaction is complete, the total amount of oil sold to Italy & other buyer countries will amount to 100 trillion naira.
Where are all the money going to ??
Our oil can't finish till Jesus comes.
Why can't the CBN print as many cash the country needs ??
I do cry everyday for my dear beloved country though i don't plan on returning soon unless things are fixed.

Uncle if cbn prints cash omo there will be inflation and devaluation of naira shebi una naira stil dey hang for 200 sumtin print more money and u going for 2k per one dollar angry

Re: Nigeria Is Not A Rich Country - Buhari (Vanguard) by Nobody: 12:49pm On Aug 11, 2015

BabyDaddy20:
Who is deceiving who ??
If you have been to the Nigerian oil wells in Port Harcourt you will know Nigeria is forking rich.
When they wanna sell oil to other countries, they will open a tap & in less than 15 minutes the transaction is complete, the total amount of oil sold to Italy & other buyer countries will amount to 100 trillion naira.
Where are all the money going to ??
Our oil can't finish till Jesus comes.
Why can't the CBN print as many cash the country needs ??
I do cry everyday for my dear beloved country though i don't plan on returning soon unless things are fixed.

Uncle if cbn prints cash omo there will be inflation and devaluation of naira shebi una naira stil dey hang for 200 sumtin print more money and u going for 2k per one dollar angry

#economist word

Re: Nigeria Is Not A Rich Country - Buhari (Vanguard) by ojnnaco(m): 12:49pm On Aug 11, 2015

Forget Wetin Mr.president talk . Nigeria was RICH .Nigeria is still Reach and Nigeria will continue to be Rich .. its only dat a selected few experience the Richness of this country and wallow in it

Re: Nigeria Is Not A Rich Country - Buhari (Vanguard) by Nobody: 12:50pm On Aug 11, 2015

naijainfogalery:
I dont understand whats wrong with Africa especially Nigeria , we have everything it takes to be the richest in the world yet we are broke

We have the highest number of natural resources
We have oil
We have strong agile youths workforce
We have good soil for farming
We have plenty rivers, sea and ocean
We have diverse cultures and tradition
We have brains
We have intelligent people

Yet we cant use common sense to develop our nation - Switzerland doesnt have a single natural resources yet they are one of the richest in the world.
We keep blaming our government for our woes but the problem isnt solely our government WE ARE ALL THE PROBLEM OF THIS COUNTRY
How?
- You cheat during exams
- You disobey traffic laws
- You cant help your fellow country man
- You pay/collect/encourage bribery
- You cant beat your chest and say you are not corrupt
- You have benefited from corruption
- You know the right thing to do but will never do it
- You are too tribalistic, you will rather watch the nation burn than see another tribe rule
- You are greedy , you want all the money to yourself alone

Well said bro grin

Re: Nigeria Is Not A Rich Country - Buhari (Vanguard) by InMyOpinion(m): 12:51pm On Aug 11, 2015

ECOTERRORS:
Buhari has really overworked his dull brain, you can't say that Nigeria is not rich when all the parameters for measuring a wealthy country can be found here.

[size=14pt]What are those parameters??[/size]

Re: Nigeria Is Not A Rich Country - Buhari (Vanguard) by ojnnaco(m): 12:52pm On Aug 11, 2015

[quote author=dozieamadi post=36841757][/quote]

Re: Nigeria Is Not A Rich Country - Buhari (Vanguard) by wx9Z: 1:10pm On Aug 11, 2015

Something dey worry this man o, during election Nigeria is rich, now that you have won we don poor sharply. Oya embezzle your own and do comot.

Re: Nigeria Is Not A Rich Country - Buhari (Vanguard) by dencosweet(m): 1:41pm On Aug 11, 2015

Ahaha
Nobody should blame buhari for saying such rrubbish"Nigeria isn't rich""Because the past leaders has made things difficult for him now ....... cry

Re: Nigeria Is Not A Rich Country - Buhari (Vanguard) by shaddoww: 2:08pm On Aug 11, 2015

darlenese:
Who be this one

Pls I'm exercising my fundamental human right , don't infringe on it pleasssssseeeeee

no b only human right na human left

Re: Nigeria Is Not A Rich Country - Buhari (Vanguard) by ibolomo(m): 2:15pm On Aug 11, 2015

BabyDaddy20:
Who is deceiving who ??
If you have been to the Nigerian oil wells in Port Harcourt you will know Nigeria is forking rich.
When they wanna sell oil to other countries, they will open a tap & in less than 15 minutes the transaction is complete, the total amount of oil sold to Italy & other buyer countries will amount to 100 trillion naira.
Where are all the money going to ??
Our oil can't finish till Jesus comes.
Why can't the CBN print as many cash the country needs ??
I do cry everyday for my dear beloved country though i don't plan on returning soon unless things are fixed.

many of us nigerians are ignorant sha. so they should print as much money abi? If they even try it, the already failing economy will collapse finally. The value of the naira will drop faster than you can say jack Robinson.

Re: Nigeria Is Not A Rich Country - Buhari (Vanguard) by ibolomo(m): 2:17pm On Aug 11, 2015

BabyDaddy20:
Who is deceiving who ??
If you have been to the Nigerian oil wells in Port Harcourt you will know Nigeria is forking rich.
When they wanna sell oil to other countries, they will open a tap & in less than 15 minutes the transaction is complete, the total amount of oil sold to Italy & other buyer countries will amount to 100 trillion naira.
Where are all the money going to ??
Our oil can't finish till Jesus comes.
Why can't the CBN print as many cash the country needs ??
I do cry everyday for my dear beloved country though i don't plan on returning soon unless things are fixed.

many of us nigerians are ignorantt sha. so they should print as much as much money as we need abi? If they even try it, the already failing economy will collapse finally. The value of the naira will drop faster than you can say jack Robinson. Go do some research on public finance

Re: Nigeria Is Not A Rich Country - Buhari (Vanguard) by ttmacoy: 2:18pm On Aug 11, 2015*

Not really. When you consider the population of Nigeria we are not richer than most European countries.

What we have had so far is a few people benefiting from the oil wealth and am exhibiting stupendous wealth. If that oil wealth was evenly distributed it is not as much as you think per person.

Take a look at our GDP which makes up supposedly the biggest in Africa, in per capita terms SA is double Nigeria's GDP per capita.

We have the potential to be rich if we managed out oil wealth properly and more importantly invested it in other sectors like Dubai, Norway etc rather than focusing on oil.

As I say if you look at it, Nigeria has no competitive advantage in any sector on the global stage e.g. we used to export palm oil but ignored it due to oil an now the likes of Indonesia is the biggest palm oil exporter. Same with cocoa etc.

We have no competitive advantage in sciences or technology etc either. Our only competitive advantage seems to be seeking oil at cheaper prices just to bring in revenue.

expertman:
Haaaaaaa what's this man sayin?

In terms of many things we are richer than most european countries.

You politicians and colonels destroy the collective wealth of this great nation.

Non of you is a saint.

You guys need to see what olurin is doing with our money in Abeokuta his entourage is even more than a sitting gov. Own.

I wept for this nation in slow motion.

1 Like

Re: Nigeria Is Not A Rich Country - Buhari (Vanguard) by ttmacoy: 2:27pm On Aug 11, 2015

You just explained my point very concisely.

Let's compare our so called oil wealth to the likes of Qatar, Dubai, Norway etc and see how rich we really are.

sukkot:
he is correct. nigeria is not a rich country. what you have is the illusion of wealth because it is in the hands of a few. however if the money in the country was evenly distributed amongst all 180 million citizens we will all have less than 1000 dollars each. so thats not rich

1 Like 1 Share

Re: Nigeria Is Not A Rich Country - Buhari (Vanguard) by Spaldino(m): 2:27pm On Aug 11, 2015

naijainfogalery:
I dont understand whats wrong with Africa especially Nigeria , we have everything it takes to be the richest in the world yet we are broke

We have the highest number of natural resources
We have oil
We have strong agile youths workforce
We have good soil for farming
We have plenty rivers, sea and ocean
We have diverse cultures and tradition
We have brains
We have intelligent people

Yet we cant use common sense to develop our nation - Switzerland doesnt have a single natural resources yet they are one of the richest in the world.
We keep blaming our government for our woes but the problem isnt solely our government WE ARE ALL THE PROBLEM OF THIS COUNTRY
How?
- You cheat during exams
- You disobey traffic laws
- You cant help your fellow country man
- You pay/collect/encourage bribery
- You cant beat your chest and say you are not corrupt
- You have benefited from corruption
- You know the right thing to do but will never do it
- You are too tribalistic, you will rather watch the nation burn than see another tribe rule
- You are greedy , you want all the money to yourself alone

nice one

Re: Nigeria Is Not A Rich Country - Buhari (Vanguard) by vega84(m): 2:40pm On Aug 11, 2015

Shut there mr president! Nigerian is nt a rich country yet government officials packed away billons of dollars, where do they get this money frm if we are nt a rich country. Jst say there is so much money bt in few hands then I will understand. #vegatalks

Re: Nigeria Is Not A Rich Country - Buhari (Vanguard) by RaptorX: 3:11pm On Aug 11, 2015

Yinkame123:
Bros abeg where in Portharcourt do they sell the oil just by opening a tap Please stop exhibiting ignorance and saying things that has no meaning. Oil is not loaded at an oil well but at a terminal which has metering stations located close to the sea so that the super tankers can load the products. The loading is done at the presence of the IOCs, NNPC, Navy and Customs and each of the organizations involved keep records of what and what was loaded based on the content of the manifest issued to the buyer.

Lol that dude likes to exaggerate a lot, he was the same person claiming to buy 100 guns in New York in the Davido thread.

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