₦airaland Forum

TonyeBarcanista:
January this year, the Index placed our bond market on a warning list. Unfortunately, they decided to de-list us from their index starting from next month.

Why Nigeria Bond Market Was removed:
JP Morgan's decision to de-list Nigeria's bond is summarily because of lack of fiscal policies by the Buhari government and CBN's tickling/manipulation of the Foreign exchange (www.reuters.com/article/idUSL5N11F1YQ20150909).

bomsilaga:
You forgot bomsilaga

TonyeBarcanista:
Cc: Engineerboat Erunz Truckpusher Nigerianvenom Phockphockman, nwadiuko1, ibokUtoroh, Koded, Ecoterrors, iPrinz20 Aprokoman, Whynotthetruth, Dearpreye, Firefire, Francizy, Temitemi1, Hinwazaka Ecoterrors, Dumkem21 Biafranqueen, Mogidi, Mizmycoli, IsraeliAirforce, Candyrain, Ambivert, Rose2014, Provacateur, Opiaoku, NDPVF, Anonimi, Engineerboat, Talktimi, ahaika23, coolestrogue APCSucks Emperortj93 DebateNigeria and all patriots

Tonnierichy:
Joblessness

TonyeBarcanista:
Buhari is too incompetent to lead Nigeria.

udemzyudex:
Guy focus on the msg and dispute what he write there or cover your face in shame...

WhiteTechnology:
What good can come out of an ethnoreligious bigot like Buhari

AderibigbeAAA:
I have read better Explicit, Educative and Informative analysis and write up(both opposing and supporting) onthe 100days of PMB on NL than what he wrote.

He shouldn't have left NL in the first place ...He was carried away by the over hype and praise he received on NL .

He should have stayed out.

TonyeBarcanista:
Buhari is too incompetent to lead Nigeria.

Burger01:
Grand patron of wailing wailers for crying out loud! Irritating

marqueetim:
TonyeBarcanista what happened to your Barcanista account?

udemzyudex:
Are you the owner of Nairaland?
He left and decided to come back, so?

FatIjeomaOkolie:
@ Barcanista

I have some questions for you

Why did Facebook ban your account?

Why were you disgraced out of Facebook?

Life is harsh indeed

You wrote a lengthy epistle telling us that were going to join forces with Green9ja and that you guys will take over Nigerian politics.

In less than 2 weeks, you are back to the same forum you left . Dont you have any shame?

This is the same behavior u exhibited during the elections, one week you were campaigning for Buhari, the next week, GEJ became your God.

You have no character, no conviction and you are certainly untrustworthy

You cannot stand the heat of Facebook , you cannot compete in mainstream social media, you are making more enemies than friends.

SMH....

femi4:
The Wailers!

chudionu58:
What baffles me is how Buhari and the Chief of Army staff are being painted more than their worth in the North East....
1. What equipments are they using to fight boko haram apart from those procured from Russia, China and Eastern Europe by GEJ?? If they have purchased any from the West let them say..

2. I challenge any APC supporter to tell us how many LGAs' they recaptured from BH since May 29, let us put it side by side with GEJs to know who did most of the work.

cc: Barcanista, Whynotthetruth.

OrlandoOwoh:
Give the name of one Independent Power Project (IPP) that Jonathan started and completed. Tell us which of the IPPs that Obasanjo started which Jonathan completed that uses hydro power, since you claim the rain is responsible for the improvement in power.

TonyeBarcanista:
It is no news that since May 29, Nigeria has been delving from a very bad situation to a near comatose situation. Our economy did not only suffer but appears to be as the biggest victim of Buhari's mal-administration and ineffectiveness. Three sectors that I shall talk about in this article are the Economy, Security and the Petroleum sectors. Let's proceed...

STATE OF THE ECONOMY UNDER BUHARI
During the electioneering period, President Buhari promised a 'gigantic' but illogical economic prosperity when/if elected. Immediately he was elected and sworn-in, everything changed for the negative. Job losses everywhere and uncertainty/negative slide is the order of the day. Let's see JP Morgan issue

JP MORGAN:
To those that don't understand, JP Morgan is simply an index. Investors trust their index so much that over N40 trillion is put up by investors on bonds that JP Morgan list. In 2012 Nigeria's bond under the able leadership of Dr Goodluck Jonathan, ex-Finance Minister Ngozi Iweala and former CBN Governor Sanusi Lamido Sanusi FOR the first time was listed by the index. This brought about investment into our bond market by foreign investors. In January this year, the Index placed our bond market on a warning list. Unfortunately, they decided to de-list us from their index starting from next month.

Why Nigeria Bond Market Was removed:
JP Morgan's decision to de-list Nigeria's bond is summarily because of lack of fiscal policies by the Buhari government and CBN's tickling/manipulation of the Foreign exchange (www.reuters.com/article/idUSL5N11F1YQ20150909). The failure of Buhari to constitute a cabinet/implement fiscal programs has cost Nigeria potential investors and led to loss of some of the investors that Buhari inherited. The country is bleeding.

JP Morgan Never Asked Nigeria To Devalue The Naira:
Contrary to the fables in some quarters, JP Morgan never asked Nigeria to devalue the Naira as a pre-condition to remain. It only raised concern that CbN was tickering with the Naira thereby allowing it a false value which no investor will accept. In simple terms, it advocated that market indices determine the market value (which some of us have been advocating). It also called for fiscal policies to be implemented , which Buhari led administration is yet to do. The country is bleeding.


STATE OF THE PETROLEUM SECTOR
Okay, since time immemorial, patriotic Nigerians have insisted that the ongoing TAM is due to the efforts by the immediate past administration of Dr Goodluck Jonathan. The administration in March this year was very clear when it told the Senate that our refineries will start working optimally from the first quarter of 2016. On assumption to office, the Buhari administration in June 11 without lifting a 'shovel' came out to say that the Portharcourt refinery will resume optimal production in July www.premiumtimesng.com/business/184850-port-harcourt-refinery-to-start-production-august-nnpc.html. Not done, they came out on July 20 that ALL 4 refineries will start optimal production in July
www.premiumtimesng.com/business/185402-nigerias-four-refineries-to-resume-production-in-july.html.

July came and gone...August came and has gone... Now the GMD of NNPC on September 10 came out to say the 4 refineries will start working optimally in December
www.premiumtimesng.com/news/top-news/189786-nigerias-4-refineries-must-be-functional-within-90-days-nnpc-boss.html

I won't be surprised If by December they shift it to January/February 2016 in line with the projected first quarter by GEJ administration.


STATE OF SECURITY/INSECURITY:
As a pastor in Tinubu House of Prayer Ministry, Yemi Osinbajo was to use spiritual warfare in alliance with the military experience of renowed War field marshall, General Muhammadu Buhari to uproot Boko Haram from our territory. That was the message that APC gave Nigerians during the electioneering period. But since coming to power, Boko Haram that was in their extinction phase as at May 28 suddenly came back and have been terrorising Nigerians in the most brutal manner. Since May 29, over two thousand Nigerians has lost their lives.The latest victims are the unfortunate people in the IDP camp in Adamawa state. May their souls rest in peace.


May God Bless Us All

PassingShot:
It's not surprising that the opposition has not much to write. It is what happens when a government puts its right steps forward.

The wackiness of this thread is second only to that of OcheJoseph (a thread of no analysis but only links) which I believe was properly dealt with already. This one is too watery to even deserve a proper post let alone a rejoinder.

Generalkorex:
The General commander of the wailing wailer is back.

jhydebaba:
Really


Try harder next time @OP
I never benefitted anything directly from GEJ's administration, even if it is PMB's body odour that is giving me electricity which I am directly benefiting from then let him continue.


Wait oh! Why did you focus on just 3 aspects



Bias!!!!