₦airaland Forum

Prior to the 2015 General Elections, I was a staunch supporter of the second-term bid of Goodluck Ebele Jonathan who was running on the platform of the PDP. Not only was I supporting GEJ, I was as well staunchly opposed to the candidacy of Muhammadu Buhari of the APC. Why? i had roughly three reasons for this decision:

1. I had tasted first-hand the style of governance of the APC stock under Aregbesola. Whatever this kind of Governor will sell, I cannot buy.

2. The kind of campaign promises these people were making were impossible promises. The N5,000 stipends to unemployed graduates was like proposing Socialism in USA, can that ever work out? I think they (the APC people) knew this but lying to us was more important to them than being realistic.

3. I cannot support a 1978 idea as a solution to a 2015 problem. No matter how many times a young man gets it wrong, I will still prefer a 30 year old man driving me to Lagos than a 78 year old man. Reason...the older man's bad eyesight and dwindled intelligence will probably get me killed much faster than the younger man's recklessness.

Today my people, I feel so vindicated as things are beginning to play out much differently from what the peddlers of the outdated and very dilapidated change expected. What change have we got nine (9) months down the line?

1. A month after Buhari became President, electricity situations got better and our APC jingoists immediately went to work and peddled 'body language'. Nine months down the line, their bottles of coke that was getting broken inside fridge is hardly catching a slight chill....electricity has so worsened that we all can hardly do without our generator.

2. In nine months, Nigeria has witnessed an unprecedented two mega fuel scarcities!

3. The Presidency through Lai Mohammed and Buhari himself has officially said it will not pay 5,000 to unemployed youths.

4. The same Lai Mohammed who is the spokesman of this administration has officially declared that they never promised to employ but rather promised to create jobs....I am sure we all know the difference in political terms.

5. Common household foods are as expensive in the markets now as saying our feeding formula should now be 0-1-0. A bag of pure water is now 150/200, a bag of rice now goes for 14,000 and even bread now goes for 120 as against 100. In just nine months, food is fast leaving our people's tables!

6. The banking sector is now witnessing all manner of charges. most weird is the 50 postage duty. When I send money to a friend, I think I saw NIPOST as an option before I chose to use his bank...what is NIPOST's business with my transfer?

7. The naira is everyday tumbling against the dollar....because Papa Buhari is using 1978 Economics style to direct a 2016 economy....how bad can that be?

When I look at our situations today, I feel justified just as I always feel justified when I look at Aregbesola today. I just sincerely pray that Nigerians do not end up as badly hit as Osun people are today, when they refused to learn their lessons!

And here after nine months, is the change you voted for!

Enjoy it while it lasts and I hope you are eagerly looking forward to 2019 for a change of the changers!

cc: lalasticlala
Ishilove
Seun
Barcanista

Waiting for the group of people that will start shouting wailing wailer....... I think 2019 Nigerian will throughly need change

Nne abort biko.

We never chicomtin at all.

Why I was yelling in d office, home, church and online.
Some peoples said I am rigid.

Now, Ike agulam I dey tell u oh!

Anyone who lays the foundation of the tough times we are currently passing through on the premise that it is because we have PMB as president , and not GEJ needs to get his/her head checked. For goodness sake, seek understanding and stand out and stop thinking like a crass idiiot with no sense of logic or rationality. Things started getting really bad since november 2014, but we only had a bit of shockabsorber. Crudeoil price only fell below Nigerias 2014 budget benchmark some time in October 2014. Nigerias foreign reserves was close to 40 billion usd, it became badly hit, The GEJ admin devalued the Naira from 155 to 168 in dec 2014, the price of crude oil continued to slide, for the second time in 3 months , the GEJ admin devalued the naira from 168 to 199 again in Feb. 2015. these two devaluations affected petrol supply, and led to fuel scarcity as marketers were making subsidy payment claims using different exchange rates, and supply was low sometime in April 2015.

Any talk of diversification at the moment will not yield results earlier than the next 18 months. We are in tough times, we have hit a rough patch, and blocking of leakages is the short term solution, and possibly rise in the price of crude oil.

Anytime i see people whine on the basis that it was because GEJ was not voted back, i imagine idiiots.

If you must whine, let it not be to promote GEJ, it is nauseating. You people do not like GEJ to be blamed, but you keep bringing his failures to our memories by making dumb claims like if he was there,....bla bla,.....

chinchum:
Anyone who lays the foundation of the tough times we are currently passing through on the premise that it is because we have PMB as president , and not GEJ needs to get his/her head checked. For goodness sake, seek understanding and stand out and stop thinking like a crass idiiot with no sense of logic or rationality. Things started getting really bad since november 2014, but we only had a bit of shockabsorber. Crudeoil price only fell below Nigerias 2014 budget benchmark some time in October 2014. Nigerias foreign reserves was close to 40 billion usd, it became badly hit, The GEJ admin devalued the Naira from 155 to 168 in dec 2014, the price of crude oil continued to slide, for the second time in 3 months , the GEJ admin devalued the naira from 168 to 199 again in Feb. 2015. these two devaluations affected petrol supply, and led to fuel scarcity as marketers were making subsidy payment claims using different exchange rates, and supply was low sometime in April 2015.

Any talk of diversification at the moment will not yield results earlier than the next 18 months. We are in tough times, we have hit a rough patch, and blocking of leakages is the short term solution, and possibly rise in the price of crude oil.

Anytime i see people whine on the basis that it was because GEJ was not voted back, i imagine idiiots.

If you must whine, let it not be to promote GEJ, it is nauseating. You people do not like GEJ to be blamed, but you keep bringing his failures to our memories by making dumb claims like if he was there,....bla bla,.....

Okay...you defended your knowledge of global crude prices well....not your knowledge of Economics though (you sound foolish on that front). However, that you will come on a thread and sound so aggressive and full of insults immediately begins to suggest to one that you are another foolish young Nigerian who has an overrated idea of his own intelligence...too bad all you displayed up there is crass ignorance and an untrained personality.

To address your shallow knowledge of Economics or rather the total lack of same, let me quickly enlighten you.

1. When the prices of crude goes down this way, knowing well that our country is quite too focused on oil exports, it is time to devalue the Naira. Whether we devalue ten times is not the issue, fact is, we cannot by common sense continue to defend the Naira with foreign reserves and hope to have results. Results only come if we devalue the Naira and try to strengthen our other export potentials. While your foolishness held sway, you forgot to notice that the Naira already devalued itself as it sells at around 305 even in Banks where they are supposedly 197. What else will foolish 'wise' people like you be looking out for before screaming for devaluation? One other lesson you failed to bring out of your own analysis of the GEJ era was the fact that a pragmatic and continous devaluation of the Naira in the face of the trends helped the government protect the economy in the eye of the storm. You probably got a D in Economics...or you really cannot think well enough.

2. Did my entire post talk about the crude oil prices only? Was 5000 payment tied to crude oil prices? Did your band of saviors not know that the economy was going into hard times before they made promises? Why defend cheap political deceit with this show of senselessness?

3. Has electricity been stable in your area? Does the price of crude affect that too? You had only one issue to attack in my entire post and you think that badly-concocted defence of PMB gives you a minute right to insult me?

4. You claimed devaluation of the Naira caused some fuel scarcity at the time, right? Your PMB has refused to devalue the Naira and yet, we have had two mega scarcities within his nine months. Where is the magic wand? Seems you were thinking so badly of how to attack GEJ but never thought of the flip side?

Dude, I do not know if you are drunk or have lost your mind....but when you jump on threads next time, make sure you have a defence for all issues raised before you make your noise...half-baked nitwits aren't good for a public forum.

And you will notice I refused to call you a zombie? Thats because I do not resort to petty name-calling like your kind...when you are without sense, I take good care to tell you to your face instead of calling you some generalized political nicknames....I found the sense lacking in you today!

Sleep good and goodluck with your career in Buhari butt-licking.

That's an individual opinion.

tolulakin:
Okay...you defended your knowledge of global crude prices well....not your knowledge of Economics though (you sound foolish on that front). However, that you will come on a thread and sound so aggressive and full of insults immediately begins to suggest to one that you are another foolish young Nigerian who has an overrated idea of his own intelligence...too bad all you displayed up there is crass ignorance and an untrained personality.

To address your shallow knowledge of Economics or rather the total lack of same, let me quickly enlighten you.

1. When the prices of crude goes down this way, knowing well that our country is quite too focused on oil exports, it is time to devalue the Naira. Whether we devalue ten times is not the issue, fact is, we cannot by common sense continue to defend the Naira with foreign reserves and hope to have results. Results only come if we devalue the Naira and try to strengthen our other export potentials. While your foolishness held sway, you forgot to notice that the Naira already devalued itself as it sells at around 305 even in Banks where they are supposedly 197. What else will foolish 'wise' people like you be looking out for before screaming for devaluation? One other lesson you failed to bring out of your own analysis of the GEJ era was the fact that a pragmatic and continous devaluation of the Naira in the face of the trends helped the government protect the economy in the eye of the storm. You probably got a D in Economics...or you really cannot think well enough.

2. Did my entire post talk about the crude oil prices only? Was 5000 payment tied to crude oil prices? Did your band of saviors not know that the economy was going into hard times before they made promises? Why defend cheap political deceit with this show of senselessness?

3. Has electricity been stable in your area? Does the price of crude affect that too? You had only one issue to attack in my entire post and you think that badly-concocted defence of PMB gives you a minute right to insult me?

4. You claimed devaluation of the Naira caused some fuel scarcity at the time, right? Your PMB has refused to devalue the Naira and yet, we have had two mega scarcities within his nine months. Where is the magic wand? Seems you were thinking so badly of how to attack GEJ but never thought of the flip side?

Dude, I do not know if you are drunk or have lost your mind....but when you jump on threads next time, make sure you have a defence for all issues raised before you make your noise...half-baked nitwits aren't good for a public forum.

And you will notice I refused to call you a zombie? Thats because I do not resort to petty name-calling like your kind...when you are without sense, I take good care to tell you to your face instead of calling you some generalized political nicknames....I found the sense lacking in you today!

Sleep good and goodluck with your career in Buhari butt-licking.

You are a dunce !
Keep screaming devaluation in a consuming nation. To what extent does the nation continue to devalue? 38% of our import value is on refined oil products, where are the refineries your hero provided after spending over 5 years in the longest Oil boom ever in this country.? Any devaluation will put a hit on price of oil refined products, any big hit on crude oil price sends prices of other goods/services soaring higher.

Read up, crude oil prices is tied to everything in a monolithic economy like Nigeria, as in everything!. That is the main revenue earner , until things change. Projects will suffer when crude oil prices slump in a country like Nigeria. Your hero GEJ had only 9% budgeted for capital expenditure in the 2015 budget in the face of low crude oil price.

You even had the guts to make mention of two biggest failures of GEJ that means any sensible person has no right to think of reelecting him with their vote. 1. Electricity supply 2. Refineries . Failure in the energy sector in an oil boom should be a no no. Instead GEJ set up a SURE P to feed individuals like you, after partial removal of subsidy. No one fails on the biggest unit courses and expect to move to the next class.

The essence of attending the walls of an institution is to broaden your mind and learn to put things in perspective.

tolulakin:
Okay...you defended your knowledge of global crude prices well....not your knowledge of Economics though (you sound foolish on that front). However, that you will come on a thread and sound so aggressive and full of insults immediately begins to suggest to one that you are another foolish young Nigerian who has an overrated idea of his own intelligence...too bad all you displayed up there is crass ignorance and an untrained personality.

To address your shallow knowledge of Economics or rather the total lack of same, let me quickly enlighten you.

1. When the prices of crude goes down this way, knowing well that our country is quite too focused on oil exports, it is time to devalue the Naira. Whether we devalue ten times is not the issue, fact is, we cannot by common sense continue to defend the Naira with foreign reserves and hope to have results. Results only come if we devalue the Naira and try to strengthen our other export potentials. While your foolishness held sway, you forgot to notice that the Naira already devalued itself as it sells at around 305 even in Banks where they are supposedly 197. What else will foolish 'wise' people like you be looking out for before screaming for devaluation? One other lesson you failed to bring out of your own analysis of the GEJ era was the fact that a pragmatic and continous devaluation of the Naira in the face of the trends helped the government protect the economy in the eye of the storm. You probably got a D in Economics...or you really cannot think well enough.

2. Did my entire post talk about the crude oil prices only? Was 5000 payment tied to crude oil prices? Did your band of saviors not know that the economy was going into hard times before they made promises? Why defend cheap political deceit with this show of senselessness?

3. Has electricity been stable in your area? Does the price of crude affect that too? You had only one issue to attack in my entire post and you think that badly-concocted defence of PMB gives you a minute right to insult me?

4. You claimed devaluation of the Naira caused some fuel scarcity at the time, right? Your PMB has refused to devalue the Naira and yet, we have had two mega scarcities within his nine months. Where is the magic wand? Seems you were thinking so badly of how to attack GEJ but never thought of the flip side?

Dude, I do not know if you are drunk or have lost your mind....but when you jump on threads next time, make sure you have a defence for all issues raised before you make your noise...half-baked nitwits aren't good for a public forum.

And you will notice I refused to call you a zombie? Thats because I do not resort to petty name-calling like your kind...when you are without sense, I take good care to tell you to your face instead of calling you some generalized political nicknames....I found the sense lacking in you today!

Sleep good and goodluck with your career in Buhari butt-licking.

Habah guy.... Wot d guy said hasnt got to anything nw its jst according to his own thinking capacity... Atleaast dis thread is for opinion not supporting wot u said or butteresing ur point cos u creat it... Or is dat so? Its too far bro easy.... No1 is at fault... Buhari only knws ao to travel because dats wot he came to do as presidency cos som countries av neva even heard of before i heard it dis time around wen our president wnt sit down and think bt jst travel... Rendering osibanjo which we yoruba bliv will cub im useless like sambo to jonathan... Our country needs prayer one day crude oil will go nd i pray we shudnt bcom a feudal state atlast... We dnt nid to blame anyone we jst need to pray for 'CHANGE' even If GEJ was d one re elect dat dosnt guarantee it all better cos as off my own place now we had light last during d era of obasanjo... So nobody is a saint