APC... playing the blame game since 1999

alcmene:
President Muhammadu Buhari on Friday revealed that the Structural Adjustment Programme, SAP, by onetime military President, Ibrahim Badamosi Babagida, IBB, killed the naira.

Speaking with the BBC, Buhari traced the origin of some of the problems facing the country’s currency to IBB’s regime.

IBB had in 1986 and 1988 instituted SAP which is said to have been responsible for the downward trend of the naira.


” I went through the devalue in 1984, its SAP that killed the naira,

“I have asked the Governor of Central Bank and others to sit and see if they can convince me to murder the naira,” Buhari said.

IBB had in 1986 and 1988 instituted SAP which is said to have been responsible for the downward trend of the naira.

SAP is a loan provided by the International Monetary Fund, IMF, and the World Bank to countries facing economic turmoil.

http://dailypost.ng/2016/02/05/ibbs-sap-murdered-nigerian-naira-buhari/?utm_source=dlvr.it_dp1&utm_medium=twitter

StOla:
Buhari is right, except of course we have only teenagers alive in Nigeria who do not remember the glory days of the Nigerian Naira.
What most know about the Naira is that you convert a little dollars or pounds to Naira and it becomes a large amount.

Ignorance is truly a disease and Nigerians have no memory at all.

Why do currencies fall in value? I am sure you don't have an idea...just because your slave master said something he has no understanding of, you are quick to call people ignorant. What a zombie you are!
Talk about fundamentals if you know you are in the know of monetary and fiscal policies and not just mere allegations.
Well it does not take intelligence to make an allegation!

Is no more jojo it's now baba,bubu we just dey watch you

Melkizedek:

who prosecuted the said IBB? so Buhari the then minister of petroleum under whom Abacha siphoned trillions of naira, just looked the other way while the lootings happened abi? and years later still came to tell you that the said abacha never stole? really?

Buhari was minister of petroleum under Abacha? Tell me tory.

Buhari was accosted by reporters at an Abacha memorial event, and asked about Abacha looting the treasury. Buhari simply gave a diplomatic yet factual answer that Abacha was never convicted for any such theft.

A very apt answer considering he was a private citizen who was present at that very event on the invitation by the Abacha family.

wow so its not Gej/pdp this time, at the end of this tenure its God they will blame

StOla:
Buhari is right, except of course we have only teenagers alive in Nigeria who do not remember the glory days of the Nigerian Naira.
What most know about the Naira is that you convert a little dollars or pounds to Naira and it becomes a large amount.

Ignorance is truly a disease and Nigerians have no memory at all.

To be sincere, you are foolish for being blindfolded from everything that comes out of APC. You talk as if you get paid for your comments on this platform. U no dey shame? John Oyegun talk say na God yet,u still commend ham. Abeg no vex me again ooo.

bankylan:


Why do currencies fall in value? I am sure you don't have an idea...just because your slave master said something he has no understanding of, you are quick to call people ignorant. What a zombie you are!
Talk about fundamentals if you know you are in the know of monetary and fiscal policies and not just mere allegations.
Well it does not take intelligence to make an allegation!

If you are just 10% smarter than a regular slowpoke, you would use your own principles to judge the present decline of the Naira as evident in the last 7months of the GEJ regime up to the current Buhari regime, and realise that the current regime of Buhari did not precipitate whatever haemorrhage the Naira is currently suffering.

But of course, you know this already, but you pretend to be daft, so that your hate can lead you to stupefying conclusions on the economy.

Gimmy:
To be sincere, you are foolish for being blindfolded from everything that comes out of APC. You talk as if you get paid for your comments on this platform. U no dey shame? John Oyegun talk say na God yet,u still commend ham. Abeg no vex me again ooo.

You should be ashamed for having no knowledge of history.
Your education was a waste of funds by your parents, and a waste of effort by your instructors.

I was hoping that with your intro, you would go ahead to elucidate on how Buhari's assertion was false, but do you even know your left from your right?

Your problem is with APC, while PDP made Nigeria a paradise, right?

Very shallow mind.

Hitback2back:
Oya Abacha, Abdulsalami get ready because these blames must go round. Where are the APC defenders pls do the needful.

virtually everything went wrong during IBBs regime.Nigeria started having problems during that Animals administratio.I'm not sure you were born then.that's why you don't know.most of the problem w are facing now, started from him.atleast 85% I'm sure.

greatness22:
Are u d customer?

u took offence to dat??...i onli meant dat as a compliment...as in 'crazy dude'...d post's funny....perhaps u misunderstood

StOla:



Buhari was minister of petroleum under IBB? Tell me tory.

Buhari was accosted by reporters at an Abacha memorial event, and asked about Abacha looting the treasury. Buhari simply gave a diplomatic yet factual answer that Abacha was never convicted for any such theft.

A very apt answer considering he was a private citizen who was present at that very event on the invitation by the Abacha family.

first, did you even read the post you replied? where did it say buhari was minister under IBB? the trademark selectivity of APC apologists?

stop trying to be clever by half, did abacha siphon trillions of naira accrued from crude oil? Yes.Was buhari the petroleum minister then? Yes...how convenient of him to be "diplomatic" when it came to Abacha's loot...could it be because it will also smear his saintly facade as the then petroleum minister?

Melkizedek:

first, did you even read the post you replied? where did it say buhari was minister under IBB? the trademark selectivity of APC apologists?

stop trying to be clever by half, did abacha siphon trillions of naira accrued from crude oil? Yes.Was buhari the petroleum minister then? Yes...how convenient of him to be "diplomatic" when it came to Abacha's loot...could it be because it will also smear his saintly facade as the then petroleum minister?

I repeat that the questions were asked by reporters at an Abacha memorial event. He gave a diplomatic but factual answer. Cry over that if you like.

I was replying your post so you should already know I meant Abacha since that was your subject of discussion, and not the IBB I wrongly typed who is the subject of this thread.

So I repeat, please educate on the tenure of Buhari as Abacha's petroleum minister?

I know of Dan Etete, then Don Etiebet. So shed more light on Buhari's tenure.

sulmeza:
u took offence to dat??...i onli meant dat as a compliment...as in 'crazy dude'...d post's funny....perhaps u misunderstood

No bro! was equally joking. am with you dude.

greatness22:
No bro! was equally joking. am with you dude.

Issorait

sulmeza:
Issorait

Thanks for ur understanding sir.. May we not be like pa buhari who donated his WAEC certificate to the woman frying akara at ikorodu.

I think PMB has a point. IBB govt was desperate to last in power and to impress international community, he accepted everything the IMF wanted.

The Structural Adjustment Programme SAP, really devalued our naira. Experts in Economics warned IBB then, but he went ahead with the programme & accepted IMF's bail out condition.. IBB is responsible for our weak naira, but its Buhari's duty to strenghten our naira not weaken it the more...

jusRadical:
That man, pmd, is not serious.

Why IBB? Is it no more GEJ? Why the sudden change?

Pmb, it must be gej oooooo. Every problem in nigeria was caused by gej.

Like someone will always ask, HAVE YOU BLAMED GEJ TODAY?

U no go kill me go this forum

is he lying...

if you don't know the source of ur problem how u wan take solve am

most people don't even know what happened arnd this period..

go and read your history....

StOla:
Buhari is right, except of course we have only teenagers alive in Nigeria who do not remember the glory days of the Nigerian Naira.
What most know about the Naira is that you convert a little dollars or pounds to Naira and it becomes a large amount.

Ignorance is truly a disease and Nigerians have no memory at all.

agreed! Dis lack of memory caused us to vote buhari. Do u agree wit me?

One day there will be nobody to blame and PMB will be like 'I blame myself for sacking democracy in 1983'

Godjone:
it wount be long and ibb will fire back from his hill-top mansion minna.

Military regime is the worst

I trust my IBB, he will return with mortar rounds..

StOla:


You should be ashamed for having no knowledge of history.
Your education was a waste of funds by your parents, and a waste of effort by your instructors.

I was hoping that with your intro, you would go ahead to elucidate on how Buhari's assertion was false, but do you even know your left from your right?

Your problem is with APC, while PDP made Nigeria a paradise, right?

Very shallow mind.

Mr Aristotle/Socrate/Kanka Musa. Dont worry,come 2019 i promise to buy you presidential ticket under APC political party bcoz,I think you know how to solve Nigeria's problem better than Bubu.

RollingStones:
Buhari is a FOOL=Liar Mohammed.

Please borrow some sense, biko!

onlinebizinfo:
So the blame has shifted from GED to IBB

u ppl refused to think b4 contributing...majorly, pmb traced the beginning of naira devaluation to IBB regime that brought about SAP. pls have a sense b4 typing wt ur hand that's connected wt ur anus dripping brain. gbam!!!

franciskaine:
you dey mind those wailers?

The hardship wey dey nack the country neva touch u, wen e touch u that time u go dey tell this government to profer solutions and not tell us what we already know.

waice6571:


Its obvious there's a problem to be solved in this country and there is no problem without a cause either man or nature etc.
this man should stop telling us what we already know.
He promised to alleviate common peoples problem before election only to be telling us why any of the problems won't be solved.

I am left with no choice than doing the needful;

I hereby move the motion for impeachment of our honorable Aso-man.

You might as well impeach and deport all Nigerians as well. The average Nigerian mentality is phucked up. These leaders didn't just fall from the sky. Fayose for example, was once a regular everyday Nigerian. Now he is a governor. His phucked up mentality is what he is using to govern his state. A lot of people don't see a problem with his style of leadership because their mentality is also phucked up. The cycle is always turning. Garbage in garbage out.

StOla:



Buhari was minister of petroleum under IBB? Tell me tory.

Buhari was accosted by reporters at an Abacha memorial event, and asked about Abacha looting the treasury. Buhari simply gave a diplomatic yet factual answer that Abacha was never convicted for any such theft.

A very apt answer considering he was a private citizen who was present at that very event on the invitation by the Abacha family.

Devils Advocate. How could Abacha have been convicted for looting the country's treasury? Did Abacha not die in office? Who tried him posthumously?

Simple: Buhari was lying to gullible minds like yours then, the same way he lied all the way to become president now.

Did Buhari not lie to Nigerians last year that he would make Naira equal to the Dollar if they make him president?


Now he is lying again by shifting blames due to his incapacity to function as president.

Olololow blame

bettercreature:
If you don't trace the root of your problem,you will never find a solution that is one thing about life

Yes but he is a president and should be a sign of strength. Blaming shows nothing but lots of weakness. We have never heard Obama blaming George Bush jnr. for the problems in the mid east. Even though the world knows the latter totally wrecked it

I PMB Uve,BE TRIED UR BEST... I wonder what the problet is.. It's not u or the past leaders ITS WE THE CITIZENS, NIGERIANS THEMSELVES..... They dnt care about thier future.. Most especially the youths.... But pls caution ur minister for science and technology... He isn't standing for u rightly.. He is confused. He should not allow the noise for sudden change affect or distract him.. I belive in u.. Some of us still believe in u. RIDE ON

mazzi:
chai,bubu is making life difficult for his zombies in their defence game. Zombies will be like 'why is this man embarrassing us like this in front of wailers'?


But on a serious note, bubu is not capable of ruling nigeria

For the first time, we are witnessing a president who have the liver to identify and pinpoint where a problem originated. We like glossing over our problems in order to look good.
But it is always good to know the genesis of a problem when you are proffering a solution to that problem.
Buhari government is a corrections government. We must know all our failed and failing points, what decision led to us failing at a particular time, how do we avoid falling into the same pit once again.
These processes must be followed accordingly to make available a better solution.
Anything short of identifying where we got it wrong before making attempts on solutions is like running in a circle.