tuale4u:
Oil price is 28 dollar today. It was 100 dollar under GEJ.

GEJ and oil price is to blame.

Chubhie:
Who even take Apc blame game serious? Their blame game is only but to deceive the gullible and buy time while wishing some miracle happens.

Nigerians should demand total fulfilment of the social contract Apc signed with them.

PassingShot:
It's unfortunate that we just have to look back given the present situation of our economy. The situation has been brought about by GEJ's failure to save during windfall from oil sale of average of $100 a barrel. He instead reduced foreign account fromm $44bn in 2011 to $29bn in 2015. The question is, what did he do with the $15bn difference and the excess dollars earned in that period?

Can any supporter of GEJ sincerely answer that what he 'achieved' commensurates with what we earned?

The hardship of today is a result of poor decisions of years past.

I don't envy PMB and his team at all. They inherited a hemorrhaging economy at a time oil price is crashing on daily basis.

cktheluckyman:

Oil price fell from 120 to N50 under GEJ yet the naira never went above N200 during GEJ 's regime, in barely seven months, the Nepa Bill certificate holder have shut down our currency to exchange for N305 to a dollar!! A government with no economic direction and an incompetent finance minister!!

minifuworld:
dont you know that its our external reserve that GEJ is using to defend the dollar then and that is we citizens dont feel it much but now that the external reserve as gone so low what can the present administration do

PassingShot:
It's unfortunate that we just have to look back given the present situation of our economy. The situation has been brought about by GEJ's failure to save during windfall from oil sale of average of $100 a barrel. He instead reduced foreign account fromm $44bn in 2011 to $29bn in 2015. The question is, what did he do with the $15bn difference and the excess dollars earned in that period?

Can any supporter of GEJ sincerely answer that what he 'achieved' commensurates with what we earned?

The hardship of today is a result of poor decisions of years past.

I don't envy PMB and his team at all. They inherited a hemorrhaging economy at a time oil price is crashing on daily basis.

minifuworld:
dont you know that its our external reserve that GEJ is using to defend the dollar then and that is we citizens dont feel it much but now that the external reserve as gone so low what can the present administration do

PassingShot:
It's unfortunate that we just have to look back given the present situation of our economy. The situation has been brought about by GEJ's failure to save during windfall from oil sale of average of $100 a barrel. He instead reduced foreign account fromm $44bn in 2011 to $29bn in 2015. The question is, what did he do with the $15bn difference and the excess dollars earned in that period?

Can any supporter of GEJ sincerely answer that what he 'achieved' commensurates with what we earned?

The hardship of today is a result of poor decisions of years past.

I don't envy PMB and his team at all. They inherited a hemorrhaging economy at a time oil price is crashing on daily basis.

Exploit200:

The problem of Nigeria started way back from Gen OBJ, Gen IBB down to Gen Abdusalam Jonathan and Yar'adua Inherited the problem but they didn't result to blame games instead they try to create an environment to tackle some of the problems.

fitzmayowa:



APC's Modus Operandi


1. When you fail to fulfill your campaign promises blame GEJ/PDP

2. When you are asked for accountability blame GEJ/PDP

3. After running government for 8 months and people are still not feeling the "CHANGE" blame GEJ/PDP

4. When you make bad economic decisions blame GEJ/PDP

5. When you take forever to appoint ministers blame GEJ/PDP

6. When you can't tell nigerians that you won't be able to fulfill some of the bogus promises blame GEJ/PDP

7. When you are in doubt blame GEJ/PDP

8. When you junketeer around the world with no tangible result blame GEJ/PDP

I wonder when APC will stop this blame game and face governance squarely, APC led government has turned democracy to "blamemocracy"


Nigerians elected them to solve the problem of the country and not start throwing blames...SMH

cktheluckyman:

I had thought that 87% of the 2016 budget is to be financed by groundnut and cocoa? How come the dwindling oil prices is still having a huge impact on our economy? To make matters worse, the illiterate Nepa Bill certificate holder has gone ahead to provoke the most dreaded militant leader in the oil rich Niger delta

PassingShot:
It's unfortunate that we just have to look back given the present situation of our economy. The situation has been brought about by GEJ's failure to save during windfall from oil sale of average of $100 a barrel. He instead reduced foreign account fromm $44bn in 2011 to $29bn in 2015. The question is, what did he do with the $15bn difference and the excess dollars earned in that period?

Can any supporter of GEJ sincerely answer that what he 'achieved' commensurates with what we earned?

The hardship of today is a result of poor decisions of years past.

I don't envy PMB and his team at all. They inherited a hemorrhaging economy at a time oil price is crashing on daily basis.

Exploit200:

The problem of Nigeria started way back from Gen OBJ, Gen IBB down to Gen Abdusalam Jonathan and Yar'adua Inherited the problem but they didn't result to blame games instead they try to create an environment to tackle some of the problems.

PassingShot:

**** this is not about budget financing. The state of our economy is largely affected by exchange rate and oil is responsible for abt 90% of our dollar earnings.

Difficult to discuss with educated illiterates.

PassingShot:
It's unfortunate that we just have to look back given the present situation of our economy. The situation has been brought about by GEJ's failure to save during windfall from oil sale of average of $100 a barrel. He instead reduced foreign account fromm $44bn in 2011 to $29bn in 2015. The question is, what did he do with the $15bn difference and the excess dollars earned in that period?

Can any supporter of GEJ sincerely answer that what he 'achieved' commensurates with what we earned?

The hardship of today is a result of poor decisions of years past.

I don't envy PMB and his team at all. They inherited a hemorrhaging economy at a time oil price is crashing on daily basis.

onojiwizardgmailcom:

Are you forgetting so soon the law suit instituted by Amaichi and other APC governors against the government, forcing the sharing of the excess crude reserve. I want to correct the assertion above, foreign reserve depletion or accumulation in not in the control of government, it is the exclusive preserve of the CBN to deplete and accumulate foreign reserve.