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Fayose : Nigerian Economy May Collapse In 3 Months!! - Politics (5) - Nairaland

Nairaland ForumNairaland GeneralPoliticsFayose : Nigerian Economy May Collapse In 3 Months!! (33158 Views)

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Re: Fayose : Nigerian Economy May Collapse In 3 Months!! by Mackson01: 6:05am On Oct 31, 2015
Fayose is the greatest mistake that ever happened to ekiti people. The economy is showing clearly that you should build real infrastructure , internally generate revenue, and diversify ekiti economy. All fayose and PDP know is sharing of money. Stupid governor .We go soon land on your case no matter the noise you make, We are coming after you
Re: Fayose : Nigerian Economy May Collapse In 3 Months!! by Nobody: 6:18am On Oct 31, 2015
Keep on calling the Igbos,deranged bastard!
Drchristian:
undecided yiiiibos will be happy with dis kinda news frm dere roll model
Re: Fayose : Nigerian Economy May Collapse In 3 Months!! by Osinachi1986(m): 6:18am On Oct 31, 2015
libertyfather:
Talkative
Keeps me laffing.
Re: Fayose : Nigerian Economy May Collapse In 3 Months!! by babafirst(m): 6:19am On Oct 31, 2015
Fourwinds:
U know GEJ clueless brought d country to dis level... a time for plenty
, His Vampire sucking looters and hiself didn't see d wisdom to save for d future...now u come here with ur empty head blaming a government whose source of revenue has fallen to one third of what it use to be....

common sense is not common
I agree with you.They don't want to agree that gej was a disaster.And most of their criticism is based on the pain from the clueless one being kicked out by the masses in the last election.Let them wail more as PDP has zoned it's presidency out of the SS meaning they don't even trust gej the so called miracle man for a 2nd term.
Re: Fayose : Nigerian Economy May Collapse In 3 Months!! by AnanseK(m): 6:22am On Oct 31, 2015
The hooligan governor and agent of doom again.
Was he not the one who earlier this year said PMB had a terminal illness and was on hospital admission in London ?
He had in the recent past made many more preposterous, disgusting , reckless and almost criminal statements.
It takes all sorts to make a country but I wonder how Ekiti people are coping with being led by an immature brat.
Re: Fayose : Nigerian Economy May Collapse In 3 Months!! by Fourwinds: 6:24am On Oct 31, 2015
babafirst:
I agree with you.They don't want to agree that gej was a disaster.And most of their criticism is based on the pain from the clueless one being kicked out by the masses in the last election.Let them wail more as PDP has zoned it's presidency out of the SS meaning they don't even trust gej the so called miracle man for a 2nd term.
exactly.. I have seen such supporters dat lack common wisdom
Re: Fayose : Nigerian Economy May Collapse In 3 Months!! by theDEVILisHERE: 6:31am On Oct 31, 2015
citizenisb:
http://www.vanguardngr.com/2015/10/nigerias-economy-may-collapse-in-the-next-3-months-if-fayose/

Speaking at the 22nd Convocation of the College of Education, Ikere Ekiti, Fayose warned that unless drastic action is taken, the economy might collapse in the next three months.

Fayose, who is the Visitor to the College, lamented the deplorable state of the nation’s economy, noting that rather than address it, the All Progressives Congress- led Federal Government has been employing propaganda to deal with the issue.

He said: “This is the time for the Federal Government to come out and tell Nigerians about the state of the economy rather than employ propaganda.

I foresee serious trouble ahead because in the next three months, the economy may collapse. Oil now sells in the region of $40 per barrel.

Things have never been bad like this. When I returned from the Holy Land yesterday (Wednesday), I was told that Ekiti got N1.4bn whereas my wage bill per month is N2.6bn.”


Governor Fayose, however decried that Ekiti people don’t pay tax, wondering how government could work for the people with depleting allocation from the centre.
What ever happens
No one should feel sorry for the people
When educated people decide to be governed by an illiterate
They don't deserve pity
Re: Fayose : Nigerian Economy May Collapse In 3 Months!! by Rotimi47: 6:33am On Oct 31, 2015
citizenisb:
http://www.vanguardngr.com/2015/10/nigerias-economy-may-collapse-in-the-next-3-months-if-fayose/

Speaking at the 22nd Convocation of the College of Education, Ikere Ekiti, Fayose warned that unless drastic action is taken, the economy might collapse in the next three months.

Fayose, who is the Visitor to the College, lamented the deplorable state of the nation’s economy, noting that rather than address it, the All Progressives Congress- led Federal Government has been employing propaganda to deal with the issue.

He said: “This is the time for the Federal Government to come out and tell Nigerians about the state of the economy rather than employ propaganda.

I foresee serious trouble ahead because in the next three months, the economy may collapse. Oil now sells in the region of $40 per barrel.

Things have never been bad like this. When I returned from the Holy Land yesterday (Wednesday), I was told that Ekiti got N1.4bn whereas my wage bill per month is N2.6bn.”


Governor Fayose, however decried that Ekiti people don’t pay tax, wondering how government could work for the people with depleting allocation from the centre.
Fayose that know little or nothing about economics making comments on economy! The same Fayose who happen to be from PDP a party that almost destroyed Nigeria & are still trying to do so!

Fayose is a scam that run Yoruba poorest state; Fayemi brought about massive development in Ekiti but the elites worked with Fayose who had federal might to get him out because they weren't getting contracts from him. Let me ask them if Fayose have brought credible investors to invest in Ekiti since he became the governor of Ekiti state.

Fayose have been talking from every corner of his mouth including from his anus because almost every comment he make do not correlate with reality.
I can remember Fayose deduction of 2k from Ekiti state workers salary with the promise of giving them a Christmas gift but alas! He gave them premature chickens!

Some of his loyalist might not like the truth but I will ask them to say Amen to this prayer not only them but all those who will try to manipulate the truth that I stated in my post; may God Almighty run their lives the way Fayose is running Ekiti state.

Let them all say Amen if they can but if they can't, they should just keep their mouth shut. Yeye dey smell.
Re: Fayose : Nigerian Economy May Collapse In 3 Months!! by SeverusSnape(m): 6:40am On Oct 31, 2015
Fourwinds:
[s]U know GEJ clueless brought d country to dis level... a time for plenty
, His Vampire sucking looters and hiself didn't see d wisdom to save for d future...now u come here with ur empty head blaming a government whose source of revenue has fallen to one third of what it use to be....

common sense is not common[/s]
Enjoy your change. grin

Bye
Re: Fayose : Nigerian Economy May Collapse In 3 Months!! by mbhs139(m): 6:42am On Oct 31, 2015
godoluwa:
its unfortunate that most youth on this forum are senseless & always back post that favours APC. as far as am concerned, Fayose is right
Now, see you that is sensible. I thought you would have analyse how sensible the Governor's claims are, then I would have known that you too are not a supporter of any rubbish that PDP and their members spew.

Now, let's get to the basics. Does it not give you headache that the only premise on which a State Governor in Nigeria thinks that our economy will collapse was simply because when he came back from the holy land, they told him that Ekiti got a certain amount, whereas the State's monthly wage bill is a certain amount beyond what they got, and becuase oil prices has also fallen? And as a result, the economy is going to collapse.

What I thought you should asking yourself, let me even assume you are from Ekiti or EVEN any State of Nigeria, for that matter is that what about if this oil dry, what will be our fate?

A situation where State's government cannot meet their obligation anytime there's no windfall from about speaks volume about the State's lazy intellectual thinking of how to increase their IGR. They can't think of how to live without Abuja. Shame.
Re: Fayose : Nigerian Economy May Collapse In 3 Months!! by Fourwinds: 6:44am On Oct 31, 2015
SeverusSnape:
Enjoy your change. grin

Bye
nonsense... u are into it whether u like it or not..just like ur emperor GEJ shove... stealing is not corruption down d throats of Nigerians grin
SeverusSnape:
Enjoy your change. grin

Bye
nonsense... u are into it whether u like it or not..just like ur emperor GEJ shove... stealing is not corruption down d throats of Nigerians
Re: Fayose : Nigerian Economy May Collapse In 3 Months!! by haywhy4lyf: 6:44am On Oct 31, 2015
godoluwa:
its unfortunate that most youth on this forum are senseless & always back post that favours APC. as far as am concerned, Fayose is right
Leave them, they have been brain washed and they don't really know what it means for a country economy to collapse since they are still feeding them. Had it been they have a business that's about to collapse and might probably lost all they have invested in their entire life then they will understand.
I listen to an analysis by an economist on Channels TV last night about the state of the economy and I started panting thinking how we can survive this.
May God help us out.
Re: Fayose : Nigerian Economy May Collapse In 3 Months!! by ndcide(m): 6:50am On Oct 31, 2015
babafirst:
The money he spent on 10 trips is not up to the amount GEJ spent on 1trip(Infact the money PMB has spent is not up to the amount GEJ spent on one UN waka) and GEJ travelled more.Make una dey analyze with fear of God.For details of the 21 trips of Jonathan in 2013 alone (that is more than 2 years after his inauguration in 2011 ohhh when he should have settled down) see link www.thescoopng.com/2013inreview-high-flyer-the-21-foreign-trips-of-pres-jonathan-in-2013/
You may also check out this 'closer' link on Nairaland www.nairaland.com/2461182/jonathans-foreign-trips-gulp-n3.3bn
Why must you bring GEJ into all this. If GEJ is always your standard when it comes to buhari, then ostensibly, he was never bad. He was just a victim of manipulated hate. Because those who hated Jonathan for their conditions are in same conditions and even worse and still can't tell themselves the truth.

However, I agree that GEJ made some needless travels but why is buhari doing the same thing. It means GEJ's travels was not the problem but a self inflicted despondency as shown by the writer of the article you referred to. At this rate buhari's travels will gulp ten times more. That should be the worry of you and the writer who was doing a hatchet job to criticise GEJ for lucre sake. By now he should have written about buhari's wasteful trips overseas when the economy is prostrate. Or you still can't feel it. Go to offices now, banks don't have money, CEOs and employers are tensed and angry, electricity supply is not what it used to be, SMEs are not getting contracts.

At this point it's unwise to defend buhari, he must be forthcoming, not hiding behind Adesina or garba shehu.
Re: Fayose : Nigerian Economy May Collapse In 3 Months!! by otokx(m): 6:52am On Oct 31, 2015
Was it APC that asked him to build that Air bus stop? He better cut down his workforce or increase his IGR.
Re: Fayose : Nigerian Economy May Collapse In 3 Months!! by bayinq25(m): 6:56am On Oct 31, 2015
godoluwa:
its unfortunate that most youth on this forum are senseless & always back post that favours APC. as far as am concerned, Fayose is right
there's a difference when animals air their views and when humans do the same...the simple difference is aggression!..you just made us understand you can't express your views without insults then you belong to the zoo...as much as I don't support both parties...it won't be wrong if people invest their hopes on apc because the past government has failed woefully...everyone has the right to support or oppose stop jingoism.
Re: Fayose : Nigerian Economy May Collapse In 3 Months!! by estyvino(m): 6:59am On Oct 31, 2015
Drchristian:
undecided yiiiibos will be happy with dis kinda news frm dere roll model
Hey call girl! if you continue this ur hatred for Igbos. See you see blood problem coz Igbos certainly are blessed by Chukwu Abiama. That means you will continue to suffer!
Re: Fayose : Nigerian Economy May Collapse In 3 Months!! by Baddestmudafuka: 7:00am On Oct 31, 2015
Drchristian:
undecided yiiiibos will be happy with dis kinda news frm dere roll model
Be more specific, you mean those fu©king Biafra mudafu©king baboons would be fu©king happy, and their fu©king Biafra currency is so fu©king valuable you can fu©king buy the whole fu©king Sh!tgard with it. Sh!tgard is the fu©king imaginary planet fu©king juxtaposed to hell.
Re: Fayose : Nigerian Economy May Collapse In 3 Months!! by Nobody: 7:01am On Oct 31, 2015
Basic problem is that

1.Oil prices have fallen as Fayose rightly observed, leading to a fall in state allocations, as Fayose also rightly observed.

2.As a result, we can see that most states are so dependent on Abuja Niger Delta oil for their livelihood.

3.So, it seems that the solution is that states have to develop polices to increase IGR....hence Fayose's snarky comment about Ekiti people not paying tax. (Most Nigerians do not pay tax).

4.Looks like Abuja and company need to tell us how they want to run the economy. FWIW....it looks like austerity for us. Even with the return of the loot stolen.
Re: Fayose : Nigerian Economy May Collapse In 3 Months!! by Nobody: 7:05am On Oct 31, 2015
estyvino:
Hey call girl! if you continue this ur hatred for Igbos. See you see blood problem coz Igbos certainly are blessed by Chukwu Abiama. That means you will continue to suffer!
My hatred 4 yeeeeebos? u get brain at all? u sud have said d hatred d yeeeboes has 4 themselves.
Re: Fayose : Nigerian Economy May Collapse In 3 Months!! by babafirst(m): 7:06am On Oct 31, 2015
ndcide:
Why must you bring GEJ into all this. If GEJ is always your standard when it comes to buhari, then ostensibly, was never bad. He was just a victim of manipulated hate. Because those who hated Jonathan for their conditions are in same conditions and even worse and still can't tell themselves the truth.

However I agree that GEJ made some needless travels but why is buhari doing the same thing. It means GEJ's travels was not the problem but a self inflicted despondency as shown by the writer of the article you referred to. At this rate buhari's travels will gulp ten times more. That should be the worry of you and the writer who was doing a hatchet job to criticise GEJ for lucre sake. By now he should have written about buhari's wasteful trips overseas when the economy is prostrate. Or you still can't feel it. Go to office now, banks don't have money, CEOs and employers are tensed and angry, electricity supply is not what it used to be.

At this point it's unwise to defend buhari, he must be forthcoming, not hiding behind Adesina or garba shehu.
Thanks for your reply here which is highly loaded but my comment earlier was a reply to accusations of meaningless trips by PMB .I am sorry I had to make a comparison but the body language of the person I reacted to showed bias so I had to refer to GEJ.But on the subject: banks don't have money,why will they have money when they have always depended on shady government patronage,even money laundering services to the detriment of the masses.On electricity ,it's 4 times better in my place than it was .I used 4 jerricans of PMS for my 2 generators per week before PMB but I hardly use one jerrican per week now.That's savings of atleast 7500 naira per week channeled to other areas.I am giving you on the ground analysis not paper statistics.
Re: Fayose : Nigerian Economy May Collapse In 3 Months!! by Baddestmudafuka: 7:10am On Oct 31, 2015
BlackrulesDworld:
It's obvious, Nigeria economy is in deep recession.
Deep fu©king recession fu©king caused by 16 years of fu©king abysmal governance by those fu©king PDP baaaaasttttaaaaards and GEJ government was the Muthafucker-in-Chief that fu©king made the fu©king chickens come home to roost. If you don't fu©king agree with this, then you are a fu©king special kind of stup!d.
Re: Fayose : Nigerian Economy May Collapse In 3 Months!! by Alary: 7:11am On Oct 31, 2015
godoluwa:
its unfortunate that most youth on this forum are senseless & always back post that favours APC. as far as am concerned, Fayose is right
You are wrong as well as fayose . Did you ask yourself how much the state government has done to improve the internally generateted revenue (IGR) . So when the barrell of crude oil now sell for lower than $40 how can the FG pay you more than they derive from oil sale ? It is high time Nigeria shift attention from oil and focus on other mineral resources and most expecially local manufacturing and export trade , as this will improve the GDP . Fayose need not shout about this because the economy has been on a free fall since the fall ion the oil price .
Re: Fayose : Nigerian Economy May Collapse In 3 Months!! by juman(m): 7:12am On Oct 31, 2015
I stated it here couple of times that a time will come those so called "leaders" will not have money to run the country. Presently the country has ran grounded, there is no money.

This country got so much money in the last 16 years that was enough to build a real country, but the money was mishandled and wasted away.

A country that the present is blinking and has no future.
Re: Fayose : Nigerian Economy May Collapse In 3 Months!! by holysina(m): 7:18am On Oct 31, 2015
Drchristian:
undecided yiiiibo flat-head retards will be happy with dis kinda news frm dere role model.

Who r dis Akpu eating lagooner bastards, product of Cocaine and baby factories quoting me? bf u quote me, bring up ur brain from d South East and use it
APGA fooooools.
hmmm this ur hate, are u sure it's worth it. why hating an entire tribe that may not have done u any wrong personaly, abi una no dey tire!
Re: Fayose : Nigerian Economy May Collapse In 3 Months!! by holysina(m): 7:20am On Oct 31, 2015
calyb247:
If the Nigerian economy could survive the careless and irresponsible GEJ led administration, am sure it can survive even in the Sahara... Fayose no get talk to talk again..
all we need do is pray and contribute our own quota to the improvrmrnt of our economy, els we might wake one day and discover that our economy has crashed. nigeria needs us more now than we need her
Re: Fayose : Nigerian Economy May Collapse In 3 Months!! by 400billionman:
museveni:
Shut it! What us your state contributing to the Federal purse? This is best time to look inward at the state level and see what you can do for your people. The Federal government can't pay all your bills. The national cake is finishing so fast. My comment applies to all State governments.
Do not mind these lazy governors. They should be the champions of development in their states but reverse is the case.

They all have arable hectares of land wasting. They dont know that fertile land is a natural resource. There are several African countries whose primary source of foreign exchange is Agriculture.

Lazy people.
Re: Fayose : Nigerian Economy May Collapse In 3 Months!! by Baddestmudafuka: 7:26am On Oct 31, 2015
juman:
I stated it here couple of times that a time will come those so called "leaders" will not have money to run the country. Presently the country has ran grounded, there is no money.

This country got so much money in the last 16 years that was enough to build a real country, but the money was mishandled and wasted away.

A country that the present is blink and has no future.
Ur fu©king head get fu©king sense plenty. Those fu©king useless PDP muthafuckers fu©king wasted and squandered a fu©king lifetime opportunity to fu©king build Nigeria into a fu©king 1st-world country. Now, c as d fu©king blind sheepies that are fu©king PDP supporters dey fu©king complain as if no b dem fu©king people cause d fu©king gbege wey fu©king dey ground. No fu©king iota of fu©king intelligence fu©king dey dea fu©king head @ all. Na fu©king empty space dey wer dea fu©king brain ought to fu©king be.
Re: Fayose : Nigerian Economy May Collapse In 3 Months!! by 989900: 7:30am On Oct 31, 2015
The economy is very, very bad as it is.

Any random conpany, business owner, worker, knows this.

It is very, very bad!

However, we still have to be grateful Jonathan was kicked out, or else . . .

OTOH, Baba do something, move faster, get an effective team in double time and act faster -- you promised to hit the ground running.
Re: Fayose : Nigerian Economy May Collapse In 3 Months!! by ExInferis(m): 7:31am On Oct 31, 2015
DFemaleBoss:
In your retardedd mind, anybody that opposes the senile clueless old fool called Buhari is doing so bc of Gej?
Ain't you idiots tired of repeating that line?

He's only been there for a few months and the economy has nosedived, people losing their jobs like there's no 2moro, coy winding up.
Bokoharam have gained ground and are even producing "ogbunigwe" to wipe you and your entire people off the surface of the earth.

If anybody is in pains, it's obviously you and your fellow stupiid sai baba chanters aka "masturbating masturbators" howling profusely bc the jihadist Buhari is getting a dose of his own medicine.

Let me shout it from the rooftops once more, Buhari is bad luck to Nigeria! cheesy embarassed
You motherfucckers just dont get it.

The man is president already, and no wailing can change that. So you either put up or shut up.

I dont care whether you're pro GEJ or whatever. You're just a little arsehole obviously in pain. Insult the man all you want, but the fact remains no one in your entire lineage can ever come close to what he achieved. He's at the peak while you're here with your little 10mb screaming your goddamn head off.

You keep wailing about the economy like there was even much of an economy to begin with. The same people that were jobless a year ago are still jobless, you included. For most people sh1t pretty much remains the same. I bought a bottle of coke for 70 bucks last year and it's still 70 bucks today.

Some lazy fuccks pressed the panic button and you dolts are running everywhere screaming "the economy is plunging ". Out the window, sh1t looks the same, even better than what it was last year.

So go on wailing you insipid clod. Mimic the other useless zombies crawling all over the place making fools of yourselves trading your paranoia for likes. We're numb to stup1dity, we're only amused by it and grab the opportunity to call you brainless fuccks out for what you're: a diseased, jobless, worthless, scummy, senseless horde of smelly idi0ts with nothing better to do than deceive themselves their anemic rants matter.

You're an arsehole, and you spew sh1t outta yer gaddamn mouth like an arsehole does.

Buhari is president and your douchebaggery cant alter that fact whether or not the mythical economy is crashing ans burning.

Now kindly go fucck yourself you piece of last night's sh1t.
Re: Fayose : Nigerian Economy May Collapse In 3 Months!! by Nobody: 7:37am On Oct 31, 2015
calyb247:
If the Nigerian economy could survive the careless and irresponsible GEJ led administration, am sure it can survive even in the Sahara... Fayose no get talk to talk again..
Let's see how responsible this government will be after four years.
Re: Fayose : Nigerian Economy May Collapse In 3 Months!! by Nobody: 7:37am On Oct 31, 2015
I am getting worried the way most nairalanders are reasoning along party and tribal lines without considering the reality on ground. No one need to be an economist to know that if urgent measures are not taking to boost and open our economy, then in the next three months there will be massive job loss and hyperinflation. Granted POP squandered our collective wealth for sixteen years I found dangerous that for five months APC is yet to show any economic direction when all our economic indicators are showing red! The emir of kano warned about the imminent e economic collapse last week but some people started calling a wailer. While PMB may have good intentions most of us have forgotten that the people sorrounding him in Apc were once POP members.
It will be dangerous if we all start looking for PMB body language all the time before forming our opinion. I bet it that if PMB wakes up tomorrow and declare that Amaechi is corrupt, must nairalander who has been supporting Amaechi before we start castigating him. This cult fellowship is dangerous to our nation. PMB NEEDS HELP ON THE ECONOMY..........
Re: Fayose : Nigerian Economy May Collapse In 3 Months!! by APGA1stson: 7:42am On Oct 31, 2015
Drchristian:
undecided yiiiibo flat-head retards will be happy with dis kinda news frm dere role model.

Who r dis Akpu eating lagooner bastards, product of Cocaine and baby factories quoting me? bf u quote me, bring up ur brain from d South East and use it
APGA fooooools.
Mumu is dat u nd ur age, go find smth beta
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