francizy:


I care less..

I must continue exposing the zombies..

oyinkinola:
[s][/s]


2017 budget will beat record... ₦1 quadrillion!, all the social sectors will be substantially finance to trillions ₦, poverty will be completely eradicated and by the end of year 2018 Nigeria will be declared a developed state and classify one of the first three country in the index of human .
I know you will argue on how this can happen with the economics situation of today, low foreign reserve, low oil price, with depreciation of ₦.
yes oil price is down, foreign reserve is dry but we still have foreign looted fund reserve at hand! when recovered and well managed, it won't be problem to have money for this budget!
we can only pray that a $ hit ₦1000 and all $1 trillion looted recovered!
I know for sure that with the determination of this government and the support of foreign nation to help recovered all $ trillion looted it will happen.....$1 trillion recovered and change to ₦ will give us ₦1 quadrillion needed to financ that budget!
year 2017 bye bye to poverty!

TippyTop:
Bag of pure water now sells for N150.


#Impeach Buhari before Bubu impeach Nigeria#

MizMyColi:


How are you?

KingTom:
I know I know you must actually it is disheartening that some people just see everything wether good or bad am d decide to support blindly

HiddenShadow:


Keep deceiving yourself. What stops Buhari from diversifying the economy through true federalism

kayfra:


So buhari is both the legislative and executive arms of the government! Wonderful. LOLZ

Illiterates plenty here.

Iroh88:
Wow!! If that is the solution to our monobasic economy, how come PDP never did it in 16years Can you guys see how hypocritical you are?? What you couldn't do in 16years you want someone else to in less than a year. What a pity.

blackpanda:


Very brilliant post!
Sometimes I shudder to think the depth of silliness this useless wailers have fallen to. Jonathan that was basically non existent for his 6yrs in power Mtschew

Elosky20:
Even OBAMA cannot save the naira talk more of JONATHAN. We failed to diversify our economy on time. the problem nigeria is facing nw is world wide and is affecting every country that its economy is financed through oil money,

LesbianBoy:
Chai.....Jonathan was better abeg... Oil price was better, Nigerian reserve was squandered

playboy99:
liEnus mba uncle u can lie o

Elosky20:
Even OBAMA cannot save the naira talk more of JONATHAN. We failed to diversify our economy on time. the problem nigeria is facing nw is world wide and is affecting every country that its economy is financed through oil money,

Iroh88:
Wow!! If that is the solution to our monobasic economy, how come PDP never did it in 16years Can you guys see how hypocritical you are?? What you couldn't do in 16years you want someone else to in less than a year. What a pity.

Pavarottii:

Do u know how well GEJ tried in diversifying our economy with agriculture, mines and steel. He did a good job. We both commended Adesina and Aganga 4 their works. But wat we needed is to keep that pace. But buhari is drawing us back. U can't totally diversify even in 10years. It takes time. And it's obvious Buhari will drag us back. They would av left GEJ for continuity.

Babacele:
we won't listen to any satanoid until after 8 years!

ISpiksDaTroof:


Just two sentences and you show that you have absolutely no idea what you're talking about.

Adminisher:


True federalism will diversify the economy?
It is Buharis job to implement true federalism?
This country definitely has IQ problems. Just throw in a big word and everything will be okay abi? .
Where is it written in the constitution that it is the Presudents job to implement true federalism,. It is nobody's job.
However everything connected to administrative structure starts in the Nationsk Assembly. It is they who kick start constitution ammendments that lead to revenue allocation and what should be doing versus what federal government shoukd be doing.


There is already sone fiscal federalism now. All payee taxes go to states. They can also levy all nanner of taxes of any kind.

Mineral rights belong to the Federak government but States can firn companies to develop any mineral resource including oil as JV with the FG and pay taxes and royalties to the FG . Bayelsa can hace its own Shell. The problem is people dobt use their brsins during voting. There are many things that states have the power to do that they are not doing. If you give Bayelsa State to Murray Vruce who has run organizations before you will get a result, if you give it to Mama Peace because if atavustic local brained sentiments you get a different result .

kayfra:


So buhari is both the legislative and executive arms of the government! Wonderful. LOLZ

Illiterates plenty here.

jaybee3:


Within a year you dummy?

We have a constitution and your representatives are needed to effect any change to it

Demdem:
[b]The earlier u all get the gist the better for us all. if u add value to the economy and u really need dollars kindly apply to the banks and if u meet the requirements u will be given at the below rate and u continue to add to the economy.
However if u need dollars for luxuries, goods cbn has stopped funding with dollars, holidays etc u are on ur own. Go look for ur dollar elsewhere
Have we wondered why Nigerian manufacturers (MAN) arent complaining? have u wondered why that tomato selling woman in the market doesnt care or know what u are talking about because they arent affected? its because their business seems to be picking up by Nigerians now looking inwards. its we the elite that are feeling the heat and not the poor.
Gone are the days when we have serious reserves and Govt will continue to gurantee all our frivolities. Now, for frivolities, u are on ur own. The interest of the extremely weak is this govt priority and not the overfed. Many shouting here aimlessly are not even affected in anyway about the rise in the parallel market. Those receiving free dollars before cant and have gone in the parrallel market making it saturated and price high.
When they finally get their dollars at extremely high rate and choose to import, on getting to our borders, they also pay huge tax to the govt so by the time the goods get to the end shop, it becomes ridiculously expensive for the buyer. The question is if the buyer doesnt buy the luxury good, will he die?
I have reasons to import spare parts for my vehicles and to be honest, its ridicously high now. Govt is forcing me to start looking towards Innosun...............for my selfish self, thats not ok but for the overall good, its the best.
[/b]

Iroh88:
Wow!! If that is the solution to our monobasic economy, how come PDP never did it in 16years Can you guys see how hypocritical you are?? What you couldn't do in 16years you want someone else to in less than a year. What a pity.

Pavarottii:

Do u know how well GEJ tried in diversifying our economy with agriculture, mines and steel. He did a good job. We both commended Adesina and Aganga 4 their works. But wat we needed is to keep that pace. But buhari is drawing us back. U can't totally diversify even in 10years. It takes time. And it's obvious Buhari will drag us back. They would av left GEJ for continuity.

Pavarottii:

Wen buhari would av sold the country to Saudi Arabia.

HiddenShadow:


If the Northerners had not sabotaged the Confab which would have enthrone true federalism, Nigeria would have escaped this crisis with a little ease when compared to now.

eyeview:
Infact,brethren,let us pray!
Repeat after me!
My Faaatherr! My Faaatherr!
Everybody! Who worked for the victory of this APC government!
What are you waiting for?!
Oya! Fall down and die!
Die! Die! Die

Russia
As one of the world's largest oil producers, Russia has been a prominent victim of the plunging prices.
About half of Russia's budget revenues currently come from energy exports.
The rouble is also under pressure from economic sanctions that the West imposed on Russia for its involvement in the Ukraine conflict.
On Monday, the national currency dropped to new lows, with the exchange rate dipping to 79 roubles to the dollar and 86 roubles to the euro - something not seen since December 2014.

Saudi Arabia
Saudi Arabia's income from oil fell by 23% last year, highly significant in an economy where around 73% of total revenues comes from the industry.
The country announced a budget deficit nearing $100bn (£68bn).

Venezuela
Venezuela has the world's biggest known oil reserves, and oil exports account for as much as 95% of the country's revenues.
However, the huge fall in oil prices in the past 18 months has slashed revenues by 60%.
On Saturday, Venezuela's government announced a 60-day economic emergency to deal with a worsening economic crisis. The edict includes tax increases and puts emergency measures in place to pay for welfare services and food imports.
- http://www.bbc.com/news/world-35345874

naijaking1:


Buhari is not both, but he can sit his emaciated ass down in Abuja and do some work for once, and stop travelling all over the World while our country burns economically.
He can appoint an expert to run our economy, and not try to inject his semi-illiterate ideas and principles on how the economy is run.

Babacele:
what did you people do for 16 years?