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Time To Beg Okonjo-iweala To Come Back - Femi Aribisala - Politics (2) - Nairaland

Nairaland ForumNairaland GeneralPoliticsTime To Beg Okonjo-iweala To Come Back - Femi Aribisala (34681 Views)

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Re: Time To Beg Okonjo-iweala To Come Back - Femi Aribisala by OLADD:
Nijagobeta:
Can you educate me on the cause for this fall of naira thing. after that lets both make comparisons.
1. Read Femi Aribisala's piece in detail for more insight.

2. Buhari's policy on Forex that limits BDC operations without considering CBN's capacity in meeting demand for foreign currencies. The scramble for dollar crumbs at the BDCs is the major causative factor for the Naira free falls.

3. Lifting of embargo on rice and textile importation amongst others. This is a misdirected policy that has further increased demand for forex.

4. A direction-less economic roadmap that scares away investors who would have pumped more foreign currencies into the local market. This is further compounded by our President's penchant for labeling Nigeria as a corrupt nation. No investor would put his money where ROI is threatened.

5. Let other Nairalanders make their additions.
Re: Time To Beg Okonjo-iweala To Come Back - Femi Aribisala by OLADD:
Nijagobeta:
Don't allow your hatred for buhari derail your common sense on public debates.
I don't hate Buhari, after all, he's my president but I hate the work of his hands. Moreover, from your post ,do you think you really possess that coveted commonsense?
Re: Time To Beg Okonjo-iweala To Come Back - Femi Aribisala by ahaika23: 11:28am On Feb 23, 2016
cheesy cheesy cheesy cheesy cheesy cheesy , See them hating, but we know better. They are all foolish and have nothing to offer in the first place.
Re: Time To Beg Okonjo-iweala To Come Back - Femi Aribisala by mekaboy(m): 11:43am On Feb 23, 2016
When I made the same statement they wanted to kill me. I am happy femi is not igbo.
Re: Time To Beg Okonjo-iweala To Come Back - Femi Aribisala by DropShot: 11:46am On Feb 23, 2016
RisingSun1:
Mr Man Okonjo have 3 international jobs at the
moment.So that doesn't not mean competence to
you? It was under her watch that Nigeria became the
largest economy in Africa.
Never you link the current Nigeria's economic woes
to Okojo.During her time,Okojo initiated Sovereign
wealth fund to save our excess crude fund for the
raining days.But Amaechi as the Governor forum
chairman and his Apc group fought against it.They
politicized it and insisted that Exceed crude fund
must be shared amoung states of the federation.They
were afraid of FG having lots of fund going into 2015
election.
Now they have succeeded in sharing the money,part
of it was used by Apc states to fund Buhari
election.So never you blame Dr Okonjo Iwuela.
If she like let her have 20 international appointments, it doesn't change the fact that she failed in managing our economy during oil windfall.
What did she and the fg leave behind in the SWF?

What did the FG do with her own share (55%) of the ECA that was shared?
Were the governors wrong to ask for the money to be shared when each time they got to meeting they discovered that the account had been depleted without their knowledge and approval?

Despite selling crude above average of $100 a barrel, Ngozi and GEJ had to resort to borrowing to pay FG workers salaries in March and April 2015, yet you think she was the best thing to happen to Nigeria since independence?

Abeg, swerve.
Re: Time To Beg Okonjo-iweala To Come Back - Femi Aribisala by sonssyo(f): 11:52am On Feb 23, 2016
Nijagobeta:
Beg her for what exactly? To continue her paper improvements? And keep lying to us so she can get more foreign post.


Rubbish upon rubbish
grin
Re: Time To Beg Okonjo-iweala To Come Back - Femi Aribisala by redcliff: 11:52am On Feb 23, 2016
Re: Time To Beg Okonjo-iweala To Come Back - Femi Aribisala by Sunnycliff(m): 11:52am On Feb 23, 2016
The zombies will rather prefer #1000:1$ than allowing the financial amazo to come for their rescue.
Re: Time To Beg Okonjo-iweala To Come Back - Femi Aribisala by winkmart: 11:53am On Feb 23, 2016
i agree with this to some extent

do u have a business...CHECK MY SIGNATURE
Re: Time To Beg Okonjo-iweala To Come Back - Femi Aribisala by AprokoMan: 11:54am On Feb 23, 2016
"FEmi Aribisala is an IPOD member" - APC zombies
Re: Time To Beg Okonjo-iweala To Come Back - Femi Aribisala by xcllaxix(m): 11:54am On Feb 23, 2016
I still prefer Madam Okonjo to Kemi Adeosun anytime..
Re: Time To Beg Okonjo-iweala To Come Back - Femi Aribisala by xcllaxix(m): 11:56am On Feb 23, 2016
Kemi is totally clueless and lacks the experience to run things at the national level...
Re: Time To Beg Okonjo-iweala To Come Back - Femi Aribisala by chesterlee(m): 11:57am On Feb 23, 2016
We need NO1 like never before...



Our economy is really in a sorry state..The rookie Kemi is doing little or nothing to salvage the situation!
Re: Time To Beg Okonjo-iweala To Come Back - Femi Aribisala by dyn1800: 11:58am On Feb 23, 2016
Bro easy ...... Don't say that..... Any right thinking man will support your assertion not the insult....

DropShot:
Femi Aribisala is an old foool.

If not, how does a sane man canvass for the return of a finance minister who failed woefully in managing bounty harvest to come and mange austere period?

The overhyped economist who couldn't diversify the economy during surplus earnings is the person the lunatic Aribisala is asking us to bring back!

And talking about the revelations in the budget, it is actually a credit to Buhari that we're getting to know the existence of bloated figures contained therein. In the past, the presidency would have done a deal with the NASS such that the budget is not fully discussed to reveal those padding before it's passed. But because we have a president who will not do a deal to shortchange Nigeria, we're able to know how the budget cabals have been stealing us blind.

Yes, the presidency made some mistakes by not being very deligent with the budget, but the fact that heads have rolled and more will still roll for the budget padding is a testament to the president's readiness to take actions to correct mistakes.

To hell with Femi Aribisala and his unpatriotic cohorts.
Re: Time To Beg Okonjo-iweala To Come Back - Femi Aribisala by IVORY2009(m): 12:01pm On Feb 23, 2016
DropShot:
Femi Aribisala is an old foool.

If not, how does a sane man canvass for the return of a finance minister who failed woefully in managing bounty harvest to come and mange austere period?

The overhyped economist who couldn't diversify the economy during surplus earnings is the person the lunatic Aribisala is asking us to bring back!

And talking about the revelations in the budget, it is actually a credit to Buhari that we're getting to know the existence of bloated figures contained therein. In the past, the presidency would have done a deal with the NASS such that the budget is not fully discussed to reveal those padding before it's passed. But because we have a president who will not do a deal to shortchange Nigeria, we're able to know how the budget cabals have been stealing us blind.

Yes, the presidency made some mistakes by not being very deligent with the budget, but the fact that heads have rolled and more will still roll for the budget padding is a testament to the president's readiness to take actions to correct mistakes.

To hell with Femi Aribisala and his unpatriotic cohorts.
You keep changing ID under mins keep me wondering shocked what is your aim? Frm passingshot to dropshot to omenka, wat exactly do u want to achieve?
Re: Time To Beg Okonjo-iweala To Come Back - Femi Aribisala by divide9ja: 12:01pm On Feb 23, 2016
Dem don dey beg IBO people they hate.
I am happy we the south-south stand with the IBO's.
They are brilliant, no wonder the north and west hate them
Re: Time To Beg Okonjo-iweala To Come Back - Femi Aribisala by nani212(m): 12:02pm On Feb 23, 2016
I'm not an apc or pdp supporter but the truth is that this government has been in power long enough for us to see change. Even if things are not getting better, things should not get worse. Everybody is playing safe. Nobody wants to invest anymore cos nobody can guess what tomorrow will look life. Nigerians are really suffering.
Re: Time To Beg Okonjo-iweala To Come Back - Femi Aribisala by famzynet: 12:04pm On Feb 23, 2016
As far as I am concerned,Okonji Ideals did nothing for this country otherwise what is happening now won't be happening. How could such wealth be looted in her watch?The OP should go and sit down. We don't need Konji or is it okonji.
Re: Time To Beg Okonjo-iweala To Come Back - Femi Aribisala by eleko1: 12:04pm On Feb 23, 2016
ARIYI-BI-SALA.There's no free money/DaSuki ATM no longer dispense free money for una again.The only thing u can get from baba Daura now is cold KUNU/ kolanut.We dnt want mama Okonjo WAHALA.In fact,we'll collect all the money she and DIEzani stole.Shikena!
Re: Time To Beg Okonjo-iweala To Come Back - Femi Aribisala by repogirl(f): 12:05pm On Feb 23, 2016
Aside subsidy and all else, our public sector needs to be revisited. We have too many public servants, ministries and agencies set up to do nothing and at the end of the month, the 'so xalled' workers that don't actually do any work expect to be paid. That's just madness.

If you expect to be paid, then you must be doing some sort of work which adds value and/or revenue to your agency/ministry.

Nigeria can no longer afford to hand out free salary because one is a civil servant. This is another avenue of leakage that needs plugging off.
Re: Time To Beg Okonjo-iweala To Come Back - Femi Aribisala by blackpanda: 12:05pm On Feb 23, 2016
Nothing good can ever come from Aribisala the shameless devil!
Re: Time To Beg Okonjo-iweala To Come Back - Femi Aribisala by Rhozabeth(m): 12:07pm On Feb 23, 2016
Who is Femi Aribisala, he must be insane!
Re: Time To Beg Okonjo-iweala To Come Back - Femi Aribisala by TheGoodJoe(m): 12:09pm On Feb 23, 2016
nani212:
I'm not an apc or pdp supporter but the truth is that this government has been in power long enough for us to see change. Even if things are not getting better, things should not get worse. Everybody is playing safe. Nobody wants to invest anymore cos nobody can guess what tomorrow will look life. Nigerians are really suffering.
Is your country not solely dependent on Crude Prices? Is the Price of Crude not falling like Gravity. What magic do you expect to see Change? Even during a massive boom that Crude reached $160 a barrel, our reserves plummeted. So please tell us what magic you expect.
Re: Time To Beg Okonjo-iweala To Come Back - Femi Aribisala by ajumma(m): 12:09pm On Feb 23, 2016
This man femi need close evaluation.......upon all dis stealing under her watchhuh/
Re: Time To Beg Okonjo-iweala To Come Back - Femi Aribisala by Nobody: 12:10pm On Feb 23, 2016
She's busy
Re: Time To Beg Okonjo-iweala To Come Back - Femi Aribisala by TheGoodJoe(m): 12:12pm On Feb 23, 2016
[b]Mr. Soludo said the government of Mr. Jonathan lacks excuse for its woeful performance since it inherited a relatively robust economy and also enjoyed years of oil boom.

He said instead of building on that outlay, the Jonathan government not only depleted foreign reverses, but increased Nigeria’s debt yet again, without adding a “penny” to the reserves.

Mr. Soludo, a former chief economic adviser to former President Olusegun Obasanjo, said in his estimation, if the economy had been well managed during the years of oil boom, Nigeria should have raked in a minimum of $102bn as foreign reserves, and would have cut unemployment and maintained exchange rate at N112 per dollar.

“For comparisons, President Obasanjo met about $5 billion in foreign reserves, and the average monthly oil price for the 72 months he was in office was $38, and yet he left $43 billion in foreign reserves after paying $12 billion to write-off Nigeria’s external debt. In the last five years, the average monthly oil price has been over $100, and the quantity also higher but our foreign reserves have been declining and exchange rate depreciating.

“My calculation is that if the economy was better managed, our foreign reserves should have been between $102 –$118 billion and exchange rate around N112 before the fall in oil prices. As of now, the reserves should be around $90 billion and exchange rate no higher than N125 per dollar,” he said.

[/b]

http://www.premiumtimesng.com/news/headlines/175663-soludo-grades-jonathan-f-economy-says-administration-worst-ever.html

The NOI was a catastrophic failure. Worst ever. She can bury her head in shame.
Re: Time To Beg Okonjo-iweala To Come Back - Femi Aribisala by Nobody: 12:12pm On Feb 23, 2016
famzynet:
As far as I am concerned,Okonji Ideals did nothing for this country otherwise what is happening now won't be happening. How could such wealth be looted in her watch?The OP should go and sit down. We don't need Konji or is it okonji.
bros e be like sey her policies na im save naira from tumbling all along...abeg lets give honor where it'sv due
Re: Time To Beg Okonjo-iweala To Come Back - Femi Aribisala by Nobody: 12:12pm On Feb 23, 2016
famzynet:
As far as I am concerned,Okonji Ideals did nothing for this country otherwise what is happening now won't be happening. How could such wealth be looted in her watch?The OP should go and sit down. We don't need Konji or is it okonji.
bros e be like sey her policies na im save naira from tumbling all along...abeg lets give honor where it's due
Re: Time To Beg Okonjo-iweala To Come Back - Femi Aribisala by Nobody: 12:12pm On Feb 23, 2016
There are many renowned PhD holders in Nigeria who can perform better than Kemi's Bsc and Dr. Ngozi's PhD. We need not recycle mediocrity.
Re: Time To Beg Okonjo-iweala To Come Back - Femi Aribisala by TheGoodJoe(m): 12:13pm On Feb 23, 2016
Mr. Soludo said the government of Mr. Jonathan lacks excuse for its woeful performance since it inherited a relatively robust economy and also enjoyed years of oil boom.

He said instead of building on that outlay, the Jonathan government not only depleted foreign reverses, but increased Nigeria’s debt yet again, without adding a “penny” to the reserves.
Re: Time To Beg Okonjo-iweala To Come Back - Femi Aribisala by nani212(m): 12:14pm On Feb 23, 2016
TheGoodJoe:
Is your country not solely dependent on Crude Prices? Is the Price of Crude not falling like Gravity. What magic do you expect to see Change? Even during a massive boom that Crude reached $160 a barrel, our reserves plummeted. So please tell us what magic you expect.
Didn't our president know about the dwindling prices of crude before campaigning? He ought to have had a solution before making promises of change or was he just telling lieshuh
Re: Time To Beg Okonjo-iweala To Come Back - Femi Aribisala by TheGoodJoe(m): 12:16pm On Feb 23, 2016
[size=14]Soludo grades Jonathan “F” on economy; says his administration the worst ever[/size]

“My advice to President Jonathan and his handlers is to stop wasting their time trying to campaign on his job record. Those who have decided to vote for him will not do so because he has taken Nigeria to the moon. His record on the economy is a clear ‘F’ grade,” Mr. Soludo said.

http://www.premiumtimesng.com/news/headlines/175663-soludo-grades-jonathan-f-economy-says-administration-worst-ever.html
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