₦airaland Forum

credit to the Dr. that posted this on Facebook but I am not mentioning his name.

MUST READ:-IN DEFENCE OF PMB:-BLOOM BERG AND THEIR ASSERTION ON BUHARI.After reading Dele Momodu's memo to President Buhari this morning, I also read the laughable assertion by Bloomberg aboutthe economy of Nigeria under Buhari. They concluded their acerbic attack by writing off the economy and projecting doom in the days ahead. But without giving any intelligent reason for their claims.On a deeper look, one can see that the singular reason for the latest attack by Ngozi Okonjo Wahala's friends is because Buhariis blocking the loopholes from where these foreign marauders and their local collaborators have been milking our economy. These are the same foreign groups that bring money into our economy in the guise of foreign investment, only to use it to swindle the economy. Their monies usually end up as loans for their local collaborators, (the banks) to buy their own shares, do round tripping and create artificial growth in the stock market without real sector improvement. Thereby, giving fake impressions of growth which attract ordinary people to the market who end up being swindled.This Bloomberg and their ilk who claim to love our economy so much cannot point to factories across Nigeria built with their so called foreign investment. They cannot point to power transmission lines being constructed with their investment in Nigeria. Rather, they are the ones that have always made money out of the country, even when ordinary people are making losses. This foreign Mafia in connivance with their local gang in 2005, under the bank recapitalization policy swindled Nigerians. They gave money to their local collaborators in banks to buy their own shares, created artificial scarcity of their shares and gave fake impression of growth. With the fake impression of growth, they went for initial public offerings and got many Nigerians hooked. People bought their shares and their values skyrocketed.But all that was based on speculation and falsified records. Their growth was not based on the productivity or investment in the real sector, which is supposed to be the ultimate destinationfor any foreign investment. Rather it was based on fraud orchestrated by cartels like Bloomberg and JP Morgan. In their satanic collaboration, they and their Nigerian counterparts after swindling Nigerians dumped their illegally acquired shares on the stock market and it began to crash.Long before then, this foreign Mafia groups and their local collaborators have made over 1000% on whatever amount that they brought into Nigeria. They created artificial money in the stock exchange and collected real monies from ordinary Nigerians.After the crash, the likes of Erastus Akingbola, Cecilia Ibru, Jimoh Ibrahim, Elumelu, Jim Ovia, Dangote and others became very rich, while Nigerians who bought into their promise of a better life supported by the likes of Bloomberg became very poor. While Nigerians where bemoaning their loses at the stock exchange, bank owners and their foreign Mafia supporters like Bloomberg were swimming in stupendous wealth. Suddenly, banks that were worth less than 10 billion before recapitalization, their MDs alone are now worth tens of billions, and their banksas well. It was a huge fraud pulled by international Mafia group which Bloomberg is part of.To hell with all these so called financial analysts, they are only looking for the interest of the Western nations. As much as one expects the economy to grow faster than it is doing, (which it will) my concern is that these same advisers have been here long ago advising past regimes and yet Nigeria went comatose. As long as the economy is not left porous for them to take advantage of, then it is not doing well.They enjoy it when they have the opportunity to manipulate everything and reelout fake growth indexes that does not translate to any opportunities for the larger population of Nigeria. All the growth we have read about in the past always resulted to more poverty amongst the ordinary citizens. We don'twant that kind of growth anymore.As much as we will appreciate if President Buhari can run faster and assemble a crack team of great and patriotic economic advisers, we will want the nation to also get things right from now onwards. We want to have inclusive growth which translates into real opportunities for our people and not for Bloomberg, JP Morgan and Ngozi okonjo Wahala and her friends.I am hopeful that the economy will rebound. I also expect the new minister of finance and the b to sort that out.Meanwhile, President Buhari will also need to sack all PDP apologists in high positions in this administration.They are going to help destroy his government. I don't care what he thinks, if I know Nigerians very well, they play politics with everything. It will be a bad leadership decision to leave anybody that served PDP in this government. The likes of Peter Obi still chairing the Stock Exchange and Bode George's wife in NDLEA is a trap that will destroy this administration.Imagine that despite Peter obi being in charge of the stock exchange, the whole thing is crumbling and nobody is mentioning his name but Buhari. If you go to women affairs, the likes of Onyeka Owenu are still there, after calling Buhari unpaintable names while campaigningfor GEJ.How does Buhari want to succeed being in league with those who hates him? While he is struggling with the economy with PDP appointees, most people in APC with fresh ideas are without jobs. PDP people are benefiting while APC members have nothing. Yet, it is this same PDP guys that are destroying his government that are discrediting him.Buhari needs to sack everybody in the economic team and in government that worked with PDP. Apart from those that decamped long before election and supported the struggle for change. He needs to fill those positions with new and skillful hands.And pending this all important sacking of PDP apologists, the minister of finance and the CBN governor should be held liable for whatever happens to the economy. If they are not capable, throw them out by any means and bring in new hands.But I believe that Buhari will do well if given all the support and ifcitizens exercise a little more patience. I know that the economy is biting hard and the administration has need to give a reprieve to Nigerians. That notwithstanding, we are making progress

lalasticlala come see nkwobi.

Ok

Narrow minded view. In the end the people who matter will read bloomberg and few people will read yur post. Let us call a spade a spade. When the US was supporting PMB you did not complain. Rushed to give Jega an award for excellent elections when kano vote was still questionable. U no talk. Now the reverse is the case u have said u dont need dem. Well if u dont need dem why is yur president travelling to beg them for relationship and aid.

obasiken:
Narrow minded view. In the end the people who matter will read bloomberg and few people will read yur post. Let us call a spade a spade. When the US was supporting PMB you did not complain. Rushed to give Jega an award for excellent elections when kano vote was still questionable. U no talk. Now the reverse is the case u have said u dont need dem. Well if u dont need dem why is yur president travelling to beg them for relationship and aid.

On the other hand, you are the narrow minded fool.

Re read the post again but this time slowly and without BIAS.

But am sure that will be virtually impossible because you're a PDP apologist and like all wailers on Nairaland, you all pray for Buhari to fail no matter what he does.

Very intelligent write-up. Frankly speaking, Buhari should have done away with all those PDP apologists still holding critical positions; peter Obi,Onyeka Onwenu, bode george's wife and co. Those guys will do everything possible to ruin his administration.

vicadex07:
On the other hand, you are the narrow minded fool.

Re read the post again but this time slowly and without BIAS.

But am sure that will be virtually impossible because you're a PDP apologist and like all wailers on Nairaland, you all pray for Buhari to fail no matter what he does.

why the fool now? Why not say what you want without this fool of a thing.

Scholes007:
why the fool now? Why not say what you want without this fool of a thing.

Because he deserves it.

vicadex07:
But am sure that will be virtually impossible because you're a PDP apologist and like all wailers on Nairaland, you all pray for Buhari to fail no matter what he does.

Me sef don tire.