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Our Economy Has Taken A Nosedive – Ezekwesili - Business - Nairaland

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Our Economy Has Taken A Nosedive – Ezekwesili by chibecanglobal(m): 4:25am On Oct 29, 2015
Oby Ezekwesili, a former minister of Education, has compared Nigeria’s current economic situation to that of 1982 during the regime of ex-president, Shehu Shagari- and trends on that account.

In a speech in Lagos, the former minister stressed that the situation surrounding the economic, social and political sectors is precarious, saying that managing such situations would be really difficult for the government.

Ezekwesili recalled 1981 and 1982 years when Nigeria witnessed the same economic collapse as it is witnessing now.

We have found ourselves in a situation where every sector is in a precarious situation.

We are operating on uncertainty and it is very difficult. Our economy has taken a nosedive, and I ask how it is possible for Nigeria to find itself in this embarrassing situation.

Nigerians must study history because people who do not study history risk repeating all the mistakes made in the past.

The former minister also states that she was poorer while serving in government.

In a series of tweets Ezekwesili urged Nigerians to change their mindset of seeing government portfolios as an avenue to make money.
http://www.vanguardngr.com/2015/10/blogosphere-nigerian-women-in-the-news/

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Re: Our Economy Has Taken A Nosedive – Ezekwesili by Charliewyt: 4:28am On Oct 29, 2015
When you and your BBOG group were kicking GEJ out of aso rock, you never thought that the economy will ever take a nosedive or mouthdive.
What should be of prime importance to her should be the safe rescue of the chibok girls and not the issue of the ecomomy, PMB will take care of that.

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Re: Our Economy Has Taken A Nosedive – Ezekwesili by Opinedecandid(m): 4:29am On Oct 29, 2015
True.
But this is what I think could help.
Permit me to repeat my post on the 'Benue Staff Protest' thread, this morning. This, though over flocked over the years does not just seem to have earned the treatment it deserves:
"...Moreover, all parties must be prepared to make sacrifices, both the political office holders and the civil servants. If they can't get all their salaries, they have to make do with part of it.

However, It is foolish for States Chief Executives to rely on what ever allocation they are given by the Federal Government of Nigeria.
Same way, it is also foolishness for the Federal government to continue rely on the revenue from oil.

Over the years, it wasn't enough, is it now that we are 'rescued' by the dwindling oil prices that it will be enough?
Rescued in the sense that the global decline in the value of oil has presented us with a golden opportunity to start looking inwards with a view to developing several other sectors of the economy which have laid fallow, untapped and abandoned over the years.

State governors must rise up 'dakkada' and see to it that in a few years time, they won't depend on Federal Allocation.

Again, this is the reason while some of us think, all natural resources in different states should be controlled by the states that have them, then some percentage of what they generate from there would be paid to the Federal Government.

If Nigeria and indeed, Africa must be self-sufficient, then we must practice true federalism.
With this, one bleached-skin man in the name of Donald Trump or whatever, will not vomit poo about us in a century from now.

#operationlookinwards

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Re: Our Economy Has Taken A Nosedive – Ezekwesili by Opinedecandid(m): 4:38am On Oct 29, 2015
DickDastardly:
Cos dem bullshit you? @ least we now know there was an era worse than jonathans. Silly ugly old cvnt! tongue

Don't abuse the woman, no need.
Do you know why you should not?

I belong to that category of people the ignorant call 'wailing wallers'

But very soon, we will be vindicated. Or should I have said, we are already vindicated. And at the end too, we shall be absolved of all blames.

Suffice to draw your attention to the fact that recent 'body languages' (events) on our national stage have proven that the problem of Nigeria is NOT PDP and not APC, too.
Recent events at both the Senate and House of Reps have illuminated this fact. Even the not-too-eventful leadership offered by President Buhari (the executive Arm) and the inconsistent, incoherent and twisted rullings by the judiciary also lay credence to the fact that no man or arm is above board. Not one.
Forget the utopian promises APC made, they were all votes-attracting sugar-coated talks

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Re: Our Economy Has Taken A Nosedive – Ezekwesili by dokiOloye(m): 4:39am On Oct 29, 2015
Has Ezekwesili joined us in wailing?
It's not late for her to join sha,afterall,she's from d land of d original 5 percenters.
Proudly 5%.
Proudly wailer.

168 Likes 13 Shares

Re: Our Economy Has Taken A Nosedive – Ezekwesili by madridguy(m): 4:40am On Oct 29, 2015
OUR POLICIES MAY HURT SOME BUSINESSES IN THE SHORT TERM, BUT THEY'RE RIGHT FOR THE NATIONAL ECONOMY - BUHARI

President Muhammadu Buhari said Wednesday in New Delhi that despite the fall in oil prices, his Administration remains fully committed to maintaining macro-economic stability and improving investor confidence in Nigeria.

At an interactive session with Chief Executives of Indian companies with interests in Nigeria, President Buhari expressed the belief that with its abundance of human and material resources, the Nigerian economy does not have to suffer unduly from low oil prices, despite its severe impact on government revenues.

"What is required of us, to which we are strongly committed, is the implementation of tight expenditure controls, effective fiscal and monetary policies, including the husbandry of scarce resources which our introduction of the Single Treasury Account has began to address.

"We are aware some of these measures may hurt operations of some businesses in the short term, but we believe they are right for a sustainable economy," the President said.

Noting that India has been a dependable ally and friend of Nigeria, President Buhari urged the Chief Executives to expand their companies' investments in Nigeria "so that we can, together, turn our engagements into a win-win situation for our two countries".

"We can increase and diversify the current volume of our bilateral trade beyond US$16.36 billion, and diversify to other critical sectors such as agriculture; green technologies in power generation; infrastructure; information and communications technologies; the services sector; education; industry, especially textiles and solid minerals among others," the President told them.

President Buhari also urged the Indian CEOs, to accept the changes in policy being introduced by his administration and observe all extant Nigerian laws in running their business in the country.

He warned, particularly, that his administration will not tolerate the importation of sub-standard goods, especially foods and medicines, into Nigeria.

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Re: Our Economy Has Taken A Nosedive – Ezekwesili by madridguy(m): 4:42am On Oct 29, 2015
She did her best then to inform GEJ that truly some girls were missing.

Charliewyt:
When you and your BBOG group were kicking GEJ out of aso rock, you never thought that the economy will ever take a nosedive or mouthdive.

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Re: Our Economy Has Taken A Nosedive – Ezekwesili by fran6co(m): 4:43am On Oct 29, 2015
I THOUGHT THEY PROMISED US CHANGE

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Re: Our Economy Has Taken A Nosedive – Ezekwesili by Nobody: 4:51am On Oct 29, 2015
Madam Oby, I hearby welcome you to the AWW(Association of Wailing Wailers).

Kindly meet Mogidi for proper documentations but bear in mind that you must be subjected to the hierarchy of this association, no I too sabiundecided

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Re: Our Economy Has Taken A Nosedive – Ezekwesili by madridguy(m): 4:51am On Oct 29, 2015
Make we see road jare.... Worse than Jonathan era......lol, you cannot jump into conclusion as it is too earlier. Jonathan got 6 good years to prove himself so give PMB a 1 year to do so.

DickDastardly:
Cos dem bullshit you? @ least we now know there was an era worse than jonathans. Silly ugly old cvnt! tongue

1 Like

Re: Our Economy Has Taken A Nosedive – Ezekwesili by Tycoflu(m): 4:51am On Oct 29, 2015
Wailers can be so f**king irritating. Who is to be blamed for our current economic woes, GEJ( in charge for 5 years of oil boom) or PMB ( inherited a messed up economy as price of oil crash)? If the once acclaimed biggest economy in Africa can crash within few months, then something is definitely wrong with NOI & GEJ.

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Re: Our Economy Has Taken A Nosedive – Ezekwesili by Nobody: 4:53am On Oct 29, 2015
madridguy:
She did her best then to inform GEJ that truly some girls were missing.

Did she have SHekau's direct phone line to know that the girls were really kidnapped or what?

Oya bring your head closer for a kunk. angry

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Re: Our Economy Has Taken A Nosedive – Ezekwesili by Opinedecandid(m): 4:55am On Oct 29, 2015
Tycoflu:
Wailers can be so f**king irritating. Who is to be blamed for our current economic woes, GEJ( in charge for 5 years of oil boom) or PMB ( inherited a messed up economy as price of oil crash)? If the once acclaimed biggest economy in Africa can crash within few months, then something is definitely wrong with NOI & GEJ.

You are saying for sure that oil boom in Nigeria lasted for five years and that since the exploration of oil in the country for over 40 years now, the revenue from oil and the economy on ground b4 Goodluck Jonathan was commensurate, and that Goodluck Jonathan didn't add a dint to our economy to move it forward?
FOR SURE?

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Re: Our Economy Has Taken A Nosedive – Ezekwesili by playtheblues(f): 4:57am On Oct 29, 2015
On point.
Charliewyt:
When you and your BBOG group were kicking GEJ out of aso rock, you never thought that the economy will ever take a nosedive or mouthdive.
What should be of prime importance to her should be the safe rescue of the chibok girls and not the issue of the ecomomy, PMB will take care of that.

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Re: Our Economy Has Taken A Nosedive – Ezekwesili by PAINGAIN: 5:06am On Oct 29, 2015
Tycoflu:
Wailers can be so f**king irritating. Who is to be blamed for our current economic woes, GEJ( in charge for 5 years of oil boom) or PMB ( inherited a messed up economy as price of oil crash)? If the once acclaimed biggest economy in Africa can crash within few months, then something is definitely wrong with NOI & GEJ.
why r u lying liars so pathetic? U always blame GEJ for anything bad in this administration but u r very quick to hail bihari if its something good. The future of Nigeria looks really dark if the youths are like this. Smh. Meanwhile AWW rocks.

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Re: Our Economy Has Taken A Nosedive – Ezekwesili by madridguy(m): 5:07am On Oct 29, 2015
It is me that suppose to kick your balls for your comment. Madam Oby and his group saved Nigeria from shame. GEJ never believed some girls were missing despite the fact that the raiding was written bold everywhere. So if not OBY and her BBOG what do you think Malala of GEJ great granddaughter age will be saying. I be die hard APC and I won't abuse the woman for saying the truth and everything should not be looking from opposition angle. PMB need to get it right and that is all.

SirJeffry:
Did she have SHekau's direct phone line to know that the girls were really kidnapped or what?

Oya bring your head closer for a kunk. angry

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Re: Our Economy Has Taken A Nosedive – Ezekwesili by Charliewyt: 5:13am On Oct 29, 2015
madridguy:
She did her best then to inform GEJ that truly some girls were missing.

And the girls suddenly stoped missing when PMB assumed office, why did the BBOG campaign suddenly went dead?, OBY EZEKWESILI is a desperate woman that will do anything to remain relivant.

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Re: Our Economy Has Taken A Nosedive – Ezekwesili by uniknet: 5:14am On Oct 29, 2015
chibecanglobal:

We have found ourselves in a situation where every sector is in a precarious situation.
We are operating on uncertainty and it is very difficult. Our economy has taken a nosedive, and I ask how it is possible for Nigeria to find itself in this embarrassing situation.
Nigerians must study history because people who do not study history risk repeating all the mistakes made in the past.

Aftermath of ministerial snub. It wasn't too long ago When you and your likes where using all kinds of propaganda to force Buhari on us. Madam welcome to your change and Goodmorning.

93 Likes 6 Shares

Re: Our Economy Has Taken A Nosedive – Ezekwesili by madridguy(m): 5:14am On Oct 29, 2015
But the fact still remains PMB inherited rotten system and its taking his time to sanitize the system. Cool down bro, All is well.

PAINGAIN:
why r u lying liars so pathetic? U always blame GEJ for anything bad in this administration but u r very quick to hail bihari if its something good. The future of Nigeria looks really dark if the youths are like this. Smh. Meanwhile AWW rocks.

1 Like

Re: Our Economy Has Taken A Nosedive – Ezekwesili by Nobody: 5:19am On Oct 29, 2015
You can't solve a problem if you can't first admit that you have a problem

Nigeria's worst problem now is that we won't admit we have a problem. Buhari and his followers won't admit that we have a serious problem in this country.

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Re: Our Economy Has Taken A Nosedive – Ezekwesili by biafranqueen: 5:22am On Oct 29, 2015
Good freaking morning!
So since you were used and dumped with no minister appointment in your name you can now come and talk some sense?

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Re: Our Economy Has Taken A Nosedive – Ezekwesili by madridguy(m): 5:22am On Oct 29, 2015
My brother forget that and let start seeing thing from the right perspective. If I had the opportunity then I will do more than Madam Oby. I don't want to stress myself earlier about how GEJ wasted the lives of the Chibok girls but God alone will judge him. Anyone who tells GEJ of then the truth will be tagged as his enemy. He got problem with OBJ then when the elderly state men was trying to call to his attention about his lapses on security matters. He was advised to tighten our border security then when Mohammed Ghadaffi incident happened in Libya and instead of that his busy doing nonsense. Oby can say anything to PMB since it is for the betterment of our beloved Nigeria it is fully allowed.

Charliewyt:

And the girls suddenly stop missing when PMB assumed office, why did the BBOG campaign suddenly went dead?, OBY EZEKWESILI is a desperate woman that will do anything to remain relivant.

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Re: Our Economy Has Taken A Nosedive – Ezekwesili by Standing5(m): 5:23am On Oct 29, 2015
Charliewyt:
When you and your BBOG group were kicking GEJ out of aso rock, you never thought that the economy will ever take a nosedive or mouthdive.
What should be of prime importance to her should be the safe rescue of the chibok girls and not the issue of the ecomomy, PMB will take care of that.
this has nothing to do with BBOG. Jonas' level of clue was an all round thing and so affected security,economy, health, education and more. How are we even surviving if during Jona's time oil sold $100/barrel and we had well over 60% reccurent bills. How are we even able to pay those bills at $45/barrel? Think and realise Buhari is already working. Stop being bitter.

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Re: Our Economy Has Taken A Nosedive – Ezekwesili by Naijji: 5:23am On Oct 29, 2015
Hahaha
Re: Our Economy Has Taken A Nosedive – Ezekwesili by warrior01: 5:24am On Oct 29, 2015
Madam Oby, good morning.

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Re: Our Economy Has Taken A Nosedive – Ezekwesili by Chibaba247(m): 5:28am On Oct 29, 2015
madridguy:
But the fact still remains PMB inherited rotten system and its taking his time to sanitize the system. Cool down bro, All is well.

abeg keep quiet..everytime sanitizing, Dats d word used to deceive gullible people.d economy is on a free fall and u guys are still talking poo.pmb doesn't care.its simple

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Re: Our Economy Has Taken A Nosedive – Ezekwesili by biafranqueen: 5:29am On Oct 29, 2015
Standing5:
this has nothing to do with BBOG. Jonas' level of clue was an all round thing and so affected security,economy, health, education and more. How are we even surviving if during Jona's time oil sold $100/barrel and we had well over 60% reccurent bills. How are we even able to pay those bills at $45/barrel? Think and realise Buhari is already working. Stop being bitter.
The last time oil was at a 100 a barrel was when? Why do you people keep shouting that nonsense. Show me where it was $100.00 a barrel

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Re: Our Economy Has Taken A Nosedive – Ezekwesili by madridguy(m): 5:36am On Oct 29, 2015
Keep shut and get back to bed if you don't have anything reasonable to say jare.

Chibaba247:
abeg keep quiet..everytime sanitizing, Dats d word used to deceive gullible people.d economy is on a free fall and u guys are still poo.pmb doesn't care.its simple
Re: Our Economy Has Taken A Nosedive – Ezekwesili by Swaggzkid: 5:37am On Oct 29, 2015
the thunder wey go fire this woman never ripe

If you miss GEJ click like

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Re: Our Economy Has Taken A Nosedive – Ezekwesili by Nobody: 5:44am On Oct 29, 2015
Ezekwesili for Bank of the Republic of Biafra cleaner!

Sai Ezekwesili!





Chibaba247:
abeg keep quiet..everytime sanitizing, Dats d word used to deceive gullible people.d economy is on a free fall and u guys are still poo.pmb doesn't care.its simple



Lol, the same person working wonders with body odour is now trying to sell us hand sanitizers?

Nigeria is now Ebola? I'd rather bathe with salt.

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Re: Our Economy Has Taken A Nosedive – Ezekwesili by Nobody: 5:48am On Oct 29, 2015
biafranqueen:
Good freaking morning!
So since you were used and dumped with no minister appointment in your name you can now come and talk some sense?

Ezekwesili is now a laughing stock, she is a lesson to others.


BTW. The next time I get a ban, I'll be taking the BiafranKing moniker, I hope you don't mind?

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