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Jonathan’s Regime Had The Worst Economic Management Team, Says Soludo - Politics (3) - Nairaland

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Re: Jonathan’s Regime Had The Worst Economic Management Team, Says Soludo by dokunbam(m): 9:30pm On Nov 19, 2015
Aufbauh:
This also my confession! Peace be unto his servant Prof Soludo

“First, I supported President Muhammadu Buhari (PMB) over Jonathan not because I was convinced about the credibility of the APC manifesto but for three reasons. I was convinced that the last economic team was bankrupting the economy and had no clue as to how to fix it”.

“Second, PMB is the first president of Nigeria under a democracy to have seriously desired the job and struggled for it for over 12 years. To me therefore, he must have a few points to prove, and I was willing to bet on a man who purposefully wanted the job than otherwise.

“Third, I was convinced that it would be in the enlightened self-interest of the APC, once in power, to do their utmost to keep power by delivering on the economy unlike the PDP which had taken power for granted.

I am still confident that PMB can deliver change

I still believe in change. it might be tough but with time will smile.

please let us give change a chance, if in the next 3 years change cannot be seen. We can boot APC out no time to waste

1 Like

Re: Jonathan’s Regime Had The Worst Economic Management Team, Says Soludo by Nobody: 9:30pm On Nov 19, 2015
koboko69:

Our Gini coefficient (degree of inequality) is not different from China’s. Nigeria has consolidated and stronger banking system that currently finances both government debt and the private sector, with a relatively vibrant capital market. The capitalization of the Nigerian Stock Exchange grew from less than N1 trillion to N12 trillion as at handover. For the first time, Nigerian economy is now rated by credit rating agencies (Fitch, and Standard and Poor’s).”
I'm not an economist, but if this is true that means Jonathan is the best Nigerian president since 1979 till date.
The only problem is that he did not witch hunt his enemies in the name of fighting corruption.
Yes did Obasanjo fought corruption?
The answer is capital no, atleast Nuhnu Rabidu confess that he is very corrupt and also Hilburt....n scandal.
Buhari? APC Kogi state guber nominee, He will will return the 10billion naira he stole from the state treasury if he is elected the governor again.

What an irony?
Re: Jonathan’s Regime Had The Worst Economic Management Team, Says Soludo by lagdmark(m): 9:31pm On Nov 19, 2015
Soludo it's time to stop yawning Nonsense
Re: Jonathan’s Regime Had The Worst Economic Management Team, Says Soludo by bigx(m): 9:32pm On Nov 19, 2015
Yet we didn't feel it till he left.
Re: Jonathan’s Regime Had The Worst Economic Management Team, Says Soludo by dongila001: 9:33pm On Nov 19, 2015
story for d god! Nigeria economy was d largest in africa and 26th in d world. GEJ tenure was better
Re: Jonathan’s Regime Had The Worst Economic Management Team, Says Soludo by dongila001: 9:35pm On Nov 19, 2015
i hate people who talk too much
Re: Jonathan’s Regime Had The Worst Economic Management Team, Says Soludo by BabaIjebuXL(m): 9:36pm On Nov 19, 2015
aalangel:
Soludo, you are my brother, but just SHUT UP!!!


grin grin grin....he will rebuke such emptiness on sight. grin
Re: Jonathan’s Regime Had The Worst Economic Management Team, Says Soludo by BabaIjebuXL(m): 9:41pm On Nov 19, 2015
Chanchit:


Which part of Nigeria do you live, my Lord?

grin Koma hills.....! My brother, some people are naturally empty you cant help them.
Re: Jonathan’s Regime Had The Worst Economic Management Team, Says Soludo by Generalk007: 9:42pm On Nov 19, 2015
i dont know why most igbos dnt wnt to hear d truth.soludo is saying d truth he is part of d govt once b4,so he knows wot he is saying.wotever nigrians is facing now is part of d problems jonathan compounded on us
Re: Jonathan’s Regime Had The Worst Economic Management Team, Says Soludo by obailala(m): 9:43pm On Nov 19, 2015
Only ignoramuses would disagree with what Prof Soludo has just said even when the facts and figures are out there for all to see. Most of the Jonathanians spewing insults on this thread always carefully avoid doubting the figures raised by Soludo, their argument is always in the line of "Soludo is looking for a job that's why he is talking rubbish"
Re: Jonathan’s Regime Had The Worst Economic Management Team, Says Soludo by Binsani(m): 9:43pm On Nov 19, 2015
Abeg make una allow soludo speak him mind.....Na naija we dey
Re: Jonathan’s Regime Had The Worst Economic Management Team, Says Soludo by TeamSimple(m): 9:46pm On Nov 19, 2015
koboko69:


Watch the misguided hungry IPOB youths waiting for Buhari's 5k stipend call one of their own a Yoruba. They can get their 5k stipend after Nnamadi Kanu becomes their president in year 2200!

Ever since Buhari assumed office; He has been clearing all the mess and Bobby traps set for him by the Last administration.

Imagine with the booming oil price over the years with a reserve left at over 150 billion dollars reserve Jonathan, Dansuki, Okonjo, Deziani and others depleted it to as low as 30 billion dollars with nothing to show for it.



Honestly I wonder how some so called Nigerian graduates think. When PMB said the treasury was near empty they were foolishly expecting the reserve to read below 5b dollars I gues. To them the 30b dollars left by GEJ is such a huge money to turn this nation around.

GEJ and his team met above 60b dollars in the reserve, amidst a two year period between 2012 - mid 2014 where oil price was at its highest selling point. Instead of building infrastructures and also swell the reserve, they were busy sharing in billions what is meant for the whole nation.

And the Taniods expect PMBS team to commence work hurriedly,even when there's nothing left from the budget and we already exceed borrowing limit for this year.

NB if GEJ and his team had continue for another four years,we might all just be walking around with FOR Sale on our neck.
Re: Jonathan’s Regime Had The Worst Economic Management Team, Says Soludo by OnwukaKing: 9:47pm On Nov 19, 2015
Na wa o. Everybody wants to be close to the man in power. Indeed, the rich have many friends.
Re: Jonathan’s Regime Had The Worst Economic Management Team, Says Soludo by ishiamu(m): 9:49pm On Nov 19, 2015
naijapips02:
I never for once bought fuel for 400 naira in aba.... all tru d 6 years

Alisha chris porn boy grin cheesy
Re: Jonathan’s Regime Had The Worst Economic Management Team, Says Soludo by Kennydoc(m): 9:49pm On Nov 19, 2015
koboko69:


Watch the misguided hungry IPOB youths waiting for Buhari's 5k stipend call one of their own a Yoruba. They can get their 5k stipend after Nnamadi Kanu becomes their president in year 2200!

Ever since Buhari assumed office; He has been clearing all the mess and Bobby traps set for him by the Last administration.

Imagine with the booming oil price over the years with a reserve left at over 150 billion dollars reserve Jonathan, Dansuki, Okonjo, Deziani and others depleted it to as low as 30 billion dollars with nothing to show for it.




@bolded
Guy,are you sure you're okay? Are you disoriented? When was Nigeria's reserves up to $150bn? Can't you just read with attention?
PDP left our reserves at $30bn, which is 6 times of what it was in 1999. Does that not imply that it was $5bn in 1999?

Now, what does the article in quote tell you?
Yes, it should have left more than $100 billion in reserves but left only $30 billion (still about six times of what it met). We also wish that Jonathan’s team did not leave Nigeria with unprecedented rate of debt accumulation. But, according to statistics from NBS, the PDP handed over a $550 billion economy (largest in Africa and 26th in the world), with 7.5% unemployment rate (better than European Union, France, Sweden, Belgium, etc although the underemployment figure is much higher); 32%?? poverty rate (as claimed by the former Finance Minister, or 61%??: NBS needs to clarify this claim); a stock of reserves of $30 billion; GDP growth rate averaging 6% over last 12 years; a relatively more diversified economy, with ICT penetration from 0.2% to over 60%, and a new contributory pension scheme now with trillions of Naira in pension fund. “Our external debt is down although total debt stock is escalating.

Our Gini coefficient (degree of inequality) is not different from China’s. Nigeria has consolidated and stronger banking system that currently finances both government debt and the private sector, with a relatively vibrant capital market. The capitalization of the Nigerian Stock Exchange grew from less than N1 trillion to N12 trillion as at handover. For the first time, Nigerian economy is now rated by credit rating agencies (Fitch, and Standard and Poor’s).”

1 Like

Re: Jonathan’s Regime Had The Worst Economic Management Team, Says Soludo by sweatlana: 9:51pm On Nov 19, 2015
This shameless he goat should shut up. What was he given after he left office? Gej team are getting international appointments!

This ediot almost bankrupt our banking system during his time!
Re: Jonathan’s Regime Had The Worst Economic Management Team, Says Soludo by nigerianvenom(m): 9:55pm On Nov 19, 2015
Says a man that almost grounded nigeria's financial sector but for God's intervention
Re: Jonathan’s Regime Had The Worst Economic Management Team, Says Soludo by saintkel(m): 9:56pm On Nov 19, 2015
koboko69:


Watch the misguided hungry IPOB youths waiting for Buhari's 5k stipend call one of their own a Yoruba. They can get their 5k stipend after Nnamadi Kanu becomes their president in year 2200!

Ever since Buhari assumed office; He has been clearing all the mess and Bobby traps set for him by the Last administration.

Imagine with the booming oil price over the years with a reserve left at over 150 billion dollars reserve Jonathan, Dansuki, Okonjo, Deziani and others depleted it to as low as 30 billion dollars with nothing to show for it.



If only u had sense

1 Like

Re: Jonathan’s Regime Had The Worst Economic Management Team, Says Soludo by theyfeed: 9:56pm On Nov 19, 2015
knostbrown01:
And Buhari and APC gang has gotten the Best after 8months of winning the election?.
Go sit down somewhere Mr Soludo, u almost bankrupt our banking system while dere... *Mouthaction*
omo ! 8month don nack sharp sharp, I salute ur wailing o!
Re: Jonathan’s Regime Had The Worst Economic Management Team, Says Soludo by leanalyst: 9:59pm On Nov 19, 2015
Please who is Soludo again? I don't remember him. All I know is he should shut up and leak his wounds.
Re: Jonathan’s Regime Had The Worst Economic Management Team, Says Soludo by Donjay13(m): 10:00pm On Nov 19, 2015
Remind me again poster, did Jona ran a regime? General soludo poster.
Re: Jonathan’s Regime Had The Worst Economic Management Team, Says Soludo by Candybob(m): 10:01pm On Nov 19, 2015
This Soludo is equivalent to a bastard son of a bingo!

After the way he way he lambasted the last administration, close to the election with his fictitious letters! One would have thought the GEJ administration had no single success, but alas he has come back to swallow his vomit!

Now he claims Reserves should have been $100billion but Nigeria only managed $30 billion! Thank God you agreed the $30 billion was 6times what was there initially! Hahaha!!!

I keep saying it that the GEJ regime did well, but unfortunately lost the support of the people to its poor management of the fuel subsidy saga, coupled with an internationally backed opposition propanganda machinery!

Now we can see for ourselves! Although we also know that this Soludo is looking for food!!!
Re: Jonathan’s Regime Had The Worst Economic Management Team, Says Soludo by front247: 10:02pm On Nov 19, 2015
Soludo, u ar foolish
Re: Jonathan’s Regime Had The Worst Economic Management Team, Says Soludo by menesheh(m): 10:03pm On Nov 19, 2015
ikechu1278:
How much they pay you soludo?

How much let us know what your conscious is worth

Shameful thing.


The headline makes it a silly one. We are in Nigeria not in Bokina Faso. He is a frustrated guy hence we don't need him to tell us trash.
Re: Jonathan’s Regime Had The Worst Economic Management Team, Says Soludo by shegsgold: 10:10pm On Nov 19, 2015
Soludo shld learn to be a value adder to d economic growth and development of dis country and stop unnecessary wailing....

A whole Professor dat does not know that it s better to respond than react to issues...
Re: Jonathan’s Regime Had The Worst Economic Management Team, Says Soludo by placid4christ: 10:10pm On Nov 19, 2015
soludo is a confused man without a defined direction. if buhari is actually fighting for corruption soludo shld arrest.
menesheh:

The headline makes it a silly one. We are in Nigeria not in Bokina Faso. He is a frustrated guy hence we don't need him to tell us trash.
soludo is a confused man without a defined direction. if buhari is actually fighting for corruption soludo shld arrest.
Re: Jonathan’s Regime Had The Worst Economic Management Team, Says Soludo by bakynes(m): 10:18pm On Nov 19, 2015
Candybob:
This Soludo is equivalent to a bastard son of a bingo!

After the way he way he lambasted the last administration, close to the election with his fictitious letters! One would have thought the GEJ administration had no single success, but alas he has come back to swallow his vomit!

Now he claims Reserves should have been $100billion but Nigeria only managed $30 billion! Thank God you agreed the $30 billion was 6times what was there initially! Hahaha!!!

I keep saying it that the GEJ regime did well, but unfortunately lost the support of the people to its poor management of the fuel subsidy saga, coupled with an internationally backed opposition propanganda machinery!

Now we can see for ourselves! Although we also know that this Soludo is looking for food!!!
You are a fool sorry to say, GEJ did well what? May b you were born ystdy I don't know but me I wasn't born ystdy to know that Jonathan put us in this mess that we presently are today. If you confuse simple statements from Soludo, I wonder which school you went to that you don't know Oil price as at 1999 was $15 dollars per barrel and reserves was $5 billion when PDP ( OBJ) came into power and Yaradua left abt $100 billion at a time oil price was around $60 per barrel. Your foolish GEJ now sold oil at about $126 per barrel and still left the reserve at $30 billion.

1 Like

Re: Jonathan’s Regime Had The Worst Economic Management Team, Says Soludo by omolami: 10:24pm On Nov 19, 2015
Soludo needs a job urgently, Buhari please give him one. He is frustrated.
Re: Jonathan’s Regime Had The Worst Economic Management Team, Says Soludo by slap1(m): 10:26pm On Nov 19, 2015
donjaxy:
Wasted Generation

Wasted Administration

What's your own problem?
Re: Jonathan’s Regime Had The Worst Economic Management Team, Says Soludo by obailala(m): 10:27pm On Nov 19, 2015
Candybob:
This Soludo is equivalent to a bastard son of a bingo!

After the way he way he lambasted the last administration, close to the election with his fictitious letters! One would have thought the GEJ administration had no single success, but alas he has come back to swallow his vomit!

Now he claims Reserves should have been $100billion but Nigeria only managed $30 billion! Thank God you agreed the $30 billion was 6times what was there initially! Hahaha!!!

I keep saying it that the GEJ regime did well, but unfortunately lost the support of the people to its poor management of the fuel subsidy saga, coupled with an internationally backed opposition propanganda machinery!

Now we can see for ourselves! Although we also know that this Soludo is looking for food!!!
Quit being clever by half, the statement about multiplying by 6 was referring to the entire PDP's miserable 16 years and not GEJ's 5 years; Soludo was only trying to be courteous/nice that's why he mentioned that. As a matter of fact, OBJ's met the $5billion and left it at over $60 billion (ECA + Foreign reserves). GEJ met ~$60billion in 2010 (~$40 billion in foreign reserves and ~$20billion in ECA account) but left a paltry ~$30 billion when he stepped down. Soludo was simply referring to PDP meeting 5billion in 1999 and leaving 30billion in 2015; if you study the trend inbetween it is clear to even a primary school pupil that what Soludo has just said about GEJ having the worst financial management in PDP's 16 years is absolutely true. By the way, these are not ghost figures, the records are clear and easily obtainable by all.

How can any normal human possibly defend that especially when GEJ's reign enjoyed more than twice the oil revenue enjoyed in OBJ's 8 years?.... How can any human possibly try to defend that?... How can any human possibly fault this particular claim pointed out by Soludo?... I would love to really see how anyone can defend or justify this. There is a reason why the smart pro-GEJ guys are only relying on insults here instead of arguing the figures.
Re: Jonathan’s Regime Had The Worst Economic Management Team, Says Soludo by jonuel1(m): 10:33pm On Nov 19, 2015
JingoOAU:
Some of the useless goats above castigating Soludo never dissect his assertions, nor read the article

How can our youth of this generation be this dumb and intellectually impotent

HOW

You are dumber...
Did you see his closing? How would the worst economic team deliver such?
Re: Jonathan’s Regime Had The Worst Economic Management Team, Says Soludo by azzima(m): 10:35pm On Nov 19, 2015
Wailers will soon tell us that Soludo 's great grandmother was Yoruba.

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